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Nepal receives $8.1 billion in remittances last year

Nepali migrant workers sent home $8.1 billion in 2018, making it the 19th biggest beneficiary of funds sent by migrants around the world, according to a report released by World Bank on Monday.The remittances were up 16.39 percent year-on-year despite a drop in the number of departures. As a share of the gross domestic product for 2018,…
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World’s Biggest Airport in Istanbul officially opens

On April 6, Istanbul Atakturk Airport — which was considered one of the busiest airports in the world with 70 million annual passengers — officially ceased operations. All commercial flights were transferred to Turkey's new flagship international airport, which means Istanbul New Airport is open for business.The first flight at Istanbul New…
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US Bangla crash at KTM Airport caught on tape

A video of the US Bangla plane that came down at Tribhuvan International Airport on March 12 last year has surfaced on social media sites.The video, recorded on various CCTV cameras of the airport, shows the 78-seater Bombardier Dash 8 Q400 aircraft narrowly missing the airport building and aircraft parked in the parking bay. The right…
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Runway rehabilitation of Kathmandu Airport begins

Runway rehabilitation has begun at the country's only international airport, Tribhuvan International Airport, in a full-fledged manner. Civil Aviation Authority of Nepal (CAAN) – the regulatory body of the aviation sector – has put in place up-gradation of the runway since last Monday evening.Sitaram Bhandari, Chief, Air Traffic Controller…
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Over 80,000 job aspirants apply EPS for South Korea

A total of 81,077 aspirants have filed their applications to attend the Korean language test this year. As of 5:00pm today, 55,997 have applied for the production sector and 25,080 in the agriculture sector, according to the Employment Permit System (EPS) Korea Section under the Department of Foreign Employment.The number is likely to rise…
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Bangladesh to purchase 9000 MW electricity from Nepal

India and Bangladesh have expressed their commitments to work together on importing Nepal's energy, with India willing to allow transmission of electricity to Bangladesh via its territory. Bangladesh has already made an announcement that it would import electricity from Nepal to meet its energy deficit, in the country's drive to spur high and…
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Nepal and Japan to sign on Labour Agreement on March 25

Nepal and Japan have agreed to sign the much-awaited labour agreement between the two countries on Monday. Japanese authorities are expected to arrive in Kathmandu on Sunday for the purpose.As per the Ministry of Labour, Employment and Social Security (MoLESS), Mahesh Prasad Dahal, secretary at the ministry and Japanese Ambassador to Nepal…
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Govt to track public vehicles using GPS

The government is planning to install Global Position System (GPS) in public vehicles across the country.The Department of Transportation Management Division has agreed to partner with the World Bank for the project which is expected to start by the end of this fiscal year.However, the World Bank is yet to state the total support it…
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Kathmandu-Tarai Madhes Fast Track progress report presented

Two reports prepared after on-site visit and study have been presented in the meeting of the House of Representatives, Development and Technology Committee.These reports are related to the Kathmandu–Tarai Madhes Fast Track project and the Hulaki Marga (Postal Road) project in State-2.Committee president Kalyani Kumari Khadka presented…
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