Economy

  • Siraha Police Seized 30 Cubic ft. Illegally kept Timber

    Siraha, 24th February/ A police squad led under the command by the sub inspector, Chandra Narayan Yadav from A.P.O Lahan has confiscated a large amount of illegal timber from Lahan 18. With the help of a secret information, police had searched the house of Ismaail Miya. Police confiscated a large number of illegal logs from the house of Miya. The squad seized 30 cubic feet of logs which were hidden in a room. The market price of those raw logs is estimated to be higher. Confiscated timber has been sent to the District Forest Office Lahan. According to the locals, timber smuggling goes unchec

    • Publish Date June 6, 1962
    • 145 view
    • Manoj Banaita
  • Australia interested to invest in solar energy production in Nepal

    Kathmandu, July 24/ Australian Ambassador to Nepal Peter Budd says Australian investors are interested to work in solar energy production sector in Nepal. During a meeting with Minister for Energy, Water Resources and Irrigation Barsha Man Pun at the Ministry today, the Ambassador expressed his interest as Pun said Nepal has a huge possibility of energy generation but needs investment and technical support from its development partners. In response, the Ambassador said his government was ready to provide technical assistance and human resources to Nepali hydropower projects so as to support

    • Publish Date November 9, 1961
    • 91 view
    • Madheshspecial
  • As NEA starts earning profit, staff lobby for bonus

    Kathmandu, July 24/ Staff of Nepal Electricity Authority, the state-owned electricity producer, manager and distributor, have demanded that they be provided with a hefty bonus as the entity began earning profit after a long time. The official trade union of the Authority has recently submitted a letter to the Authority’s Managing Director Kul Man Ghising demanding that all the staff be provided with the bonus, equal to their one month pay, on the occasion of its 33rd anniversary being celebrated after few days. The letter signed by the trade union’s Chairman Janardan Bhattarai ar

    • Publish Date November 9, 1961
    • 69 view
    • Madheshspecial
  • Foreign employment fraud: Govt receives 2,129 complaints in one year

    Kathmandu, July 24/ The Department of Foreign Employment says it has received as many as 2,129 complaints about fraud cases with assurances of foreign employment in the recently concluded fiscal year 2017/18 (from mid-July 2017 to mid-July 2018). The complainants have claimed that they have been deceived of Rs 1.522 billion in total. In the previous year, the number of complaints was more than the number recorded in 2017/18. However, the amount the victims were defrauded of is significantly more in the later year. In 2016/17, the money that the victims they claimed to have lost was just Rs 7

    • Publish Date November 9, 1961
    • 121 view
    • Madheshspecial

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