Austria-based Kraftfahrzeuge Trunkenpolz Mattighofen (KTM) brand of world class motorcycles was formally launched in Nepal amidst a function in Kathmandu on Tuesday. Hansraj Hulaschand & Co. Pvt. Ltd – a subsidiary of Golchha Organisation – has launched the KTM bikes which are No. 1 Sports Bike Brands in Europe. The KTM Duke 200 will be [...]

Until recently, Shover Singh Praja often went to bed without dinner and had to work on an empty stomach, barely able to feed his family. Born to a poor family in Makwanpur district, central Nepal, Shover now earns way above the national average and has become a role model among his fellow Chepang, an indigenous [...]

Parag Pathak (30), son of Nepali parents who immigrated to the United States in the 1970s, has won the prestigious Sloan Research Fellowships for 2012. An Economics Career Development Assistant Professor in the Massachusetts Institute of Technology, Pathak is among 126 American and Canadian researchers selected as Sloan Research Fellows for this year. The Sloan [...]

Twenty-two Nepali youths, who had gone to Saudi Arabia for employment but living high and dry without any job, proper food or accommodation for the past 20 days are setting eyes for the way out to home. Their family members organised a press conference at Birtamod in Jhapa on Saturday and appealed to the government [...]

The Civil Aviation Authority of Nepal (CAAN) received only three confirmed bids to develop the much-talked about regional international airport at Chinnedanda, Pokhara as the tender deadline ended Friday afternoon. Out of the 10 Chinese firms that obtained bid documents, three, China CAMC Engineering Co, Sinohydro Corporation and China International Water and Electric Corporation, have [...]

An industry group says Asia Pacific airlines had combined earnings of $4.8 billion in 2011, down 47 percent due to higher oil prices and lower cargo revenue. The Kuala Lumpur-based Association of Asia Pacific Airlines says Wednesday that total revenue for its 17 member rose 10 percent from the previous year to hit $162 million. [...]

Japan extended $3,090,000 in grants to Nepal on Sunday during a visit by Japanese Foreign Minister Koichiro Gemba. The money is earmarked for raising farm output to bolster food security in the Himalayan nation, the local Japanese embassy said. Gemba, who arrived in Kathmandu on Saturday night, met with President Ram Baran Yadav and Prime [...]

The number of Nepalis going overseas for jobs has increased by 18.27 percent in the first nine months of the current fiscal year 2011/12 as compared to the same period last fiscal year 2010/11. According to the Department of Foreign Employment (DoFE), some 283,970 Nepali workers have left the country for foreign employment while the [...]

The government is likely to expedite the construction works of the much awaited West Seti Hydropower Project after the approval of the legislature-parliament committee on natural resources to forward the construction of the project. Minister for Energy Posta Bahadur Bogati told RSS, “We will expedite the construction works of the project at the earliest based [...]

A team formed to study the possibilities and state of tourism business in the country has suggested the government to provide incentives to boost the tourism sector. The report, prepared by the High Level Committee under the coordination of secretary at the prime minister’s office Lila Mani Poudel, includes suggestions from various tourism entrepreneurs, condition [...]