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Gautam Buddha International Airport at Bhairahawa inaugurated
Nepal's second international airport Gautam Buddha International Airport has been inaugurated by Prime Minister Sher Bahadur Deuba. The airport was formally inaugurated after the international aircraft of Jazeera Airways of Kuwait landed at the airport for the first time.Jazeera had already obtained permission for regular international…
Read More...Saudi Aramco shines over Apple as world’s most valuable company
As soaring commodities prices inflate profits at energy corporations while technology stocks continue to fall, Apple has lost its title as the world's most valuable business to Saudi Aramco.In a hint that the old economy is regaining ground on the new this year, Aramco outperformed Apple on Wednesday night, despite Wall Street's protracted…
Read More...Melamchi Water distribution to halt during rainy season, alternative in plan
Because of the imminent rainy season, the Melamchi Drinking Water Project Development Committee has decided to halt the supply of water from Melamchi to the capital.Even though water from the temporary structure was dispatched back to Kathmandu two weeks ago, the committee said it is not possible to bring water regularly to prevent further…
Read More...Nepal’s mobile broadband speed declines in the global rankings
According to the latest study from Ookla, a US-based web site that provides free analysis of internet access performance indicators, although the number of mobile internet users in Nepal has increased, connection speed has decreased.According to the Speedtest Global Index, Nepal's mobile broadband speed dropped to 109th place out of 142…
Read More...Kami Rita Sherpa creates new record by climbing Everest 26th time
Kami Rita Sherpa has set a record by ascending Mt. Everest for the 26th time.On Saturday evening, a team of eleven Nepalese high-altitude climbing guides reached the summit of Mount Everest, marking the first spring ascent of the world's tallest peak this year.The team that accompanied him made it to the top of Mt. Everest by clearing a…
Read More...Nepal receives US$ 659 million grant from US to upgrade to a middle-income country
The United States will provide grant assistance of USD 659 million to support the government's goal of upgrading Nepal to a middle-income country.The grant agreement was signed by Sepideh Kevanshad, Director of the United States Agency for International Development (USAID) and Ishwari Prasad Aryal, Head of the International Financial…
Read More...Nepal Airlines to provide in-flight Wi-Fi service soon
Passengers of Nepal Airlines Corporation (NAC) will soon be able to use the internet on foreign flights thanks to a plan to introduce in-flight WiFi service on wide-body aircraft.In line with the company's policy of enhancing its services, this plan is being implemented. As soon as this year, the airline plans to put broadband internet…
Read More...The World Bank loans Nepal $150 million to bolster country’s financial sector
The Government of Nepal and the World Bank inked a US$150 million 'Finance for Growth' development policy loan agreement today to strengthen the financial sector, diversify financial solutions, and increase access to financial services in Nepal.The agreement was signed on behalf of the Government of Nepal by Finance Secretary Madhukumar…
Read More...Foreign tourists visiting Nepal increased by 160 percent in April
As a result of the Covid-19 pandemic, the country's tourism industry is in decline. The tourism industry has recently been more active, and tourism-related activities have increased as well.The influx of visitors serves as the most compelling evidence for this claim. Since the beginning of 2022, the number of foreign tourists has constantly…
Read More...ISPs warn of service disruptions next week due to currency shortages
As a result of the inability to collect sufficient foreign currency to pay for the bandwidth purchases, internet service provider companies in Nepal have issued a warning that the country's internet service could be disrupted as early as the next week.Following the press release on Saturday, the Internet Service Providers' Association of…
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