POLITICS
PM directs authorities to ascertain legitimacy of Ncell's share deal
PM directs authorities to ascertain legitimacy of Ncell's sh...
KATHMANDU, Dec 5: Expressing serious concerns over the news circulating around about the sale and purchase of Ncell's share, Prime Minister Pushpa Kamal Dahal has directed the concerned authorities to determine whether the deal is in line with Nepal's existing laws and legal procedures.
Dec 05, 2023
ECONOMY
Axiata’s alleged move suspected of preventing ownership transfer of Ncell to state
Axiata’s alleged move suspected of preventing ownership tran...
KATHMANDU, Dec 5: Amid rising concerns over Malaysia’s telecommunication conglomerate Axiata Group selling its shares of Ncell, a leading private sector telecom company of Nepal, speculation is rife that the group might have made the alleged move to prevent transfer of Ncell’s ownership to the gover...
Dec 05, 2023
Editorial
Leading disaster preparedness the Changunarayan’s way
Leading disaster preparedness the Changunarayan’s way
In the wake of the recent earthquake that struck Jajarkot and Rukum West, Changunarayan Municipality in Bhaktapur stands as a beacon of inspiration for all local governments in Nepal. The seismic event, a stark reminder that disasters can strike at any time without warning, underscores the urgency o...
Dec 05, 2023
ECONOMY
Manang attracts highest number of foreign tourists since COVID-19 pandemic
Manang attracts highest number of foreign tourists since COV...
MANANG, Dec 4: Manang district has received the highest number of foreign tourists since the outbreak of COVID-19 pandemic.
Dec 04, 2023
ECONOMY
Trans Nepal Freight Services JV to operate Chobhar Dry Port from December 15
Trans Nepal Freight Services JV to operate Chobhar Dry Port...
KATHMANDU, Dec 4: Trans Nepal Freight Services JV, which was selected through a competitive process to operate the Chobhar Dry Port, has finalized an agreement with Nepal Intermodal Transport Development Board.
Dec 04, 2023
ECONOMY
PM Dahal expresses concerns on the controversial deal of Axiata on Ncell stakes
PM Dahal expresses concerns on the controversial deal of Axi...
‘Ncell cannot sell its shares without the government’s consent’
Dec 04, 2023
POLITICS
UML Chair Oli calls for petroleum exploration to bring prosperity in Nepal
UML Chair Oli calls for petroleum exploration to bring prosp...
KARNALI, Dec 4: The CPN-UML Chairperson KP Sharma Oli has said that the prospect of exploring petroleum products in Dailekh district would help achieve the long-term goal of prosperous Nepal.
Dec 04, 2023
ECONOMY, Republica Watch
Axiata’s Ncell exit smacks of intention to evade capital gains tax
Axiata’s Ncell exit smacks of intention to evade capital gai...
KATHMANDU, Dec 4: Axiata has carried out opaque transactions while selling the 80 percent stake it owned in Ncell. The shares were sold at a low price with the aim of evading taxes without informing the regulatory authorities of Nepal. Stakeholders have said that there was an attempt to evade capita...
Dec 04, 2023
ECONOMY
Nepse slips 3.42 points; daily turnover increases to Rs 1.197 billion
Nepse slips 3.42 points; daily turnover increases to Rs 1.19...
KATHMANDU, Dec 4: Nepal Stock Exchange (Nepse) on Monday declined 3.42 points to close at 1,847.81 points.
Dec 04, 2023
SOCIETY
MoFA confirms deaths of six Nepalis fighting alongside Russian Army in Ukraine, verifies O...
MoFA confirms deaths of six Nepalis fighting alongside Russi...
KATHMANDU, Dec 4: The Ministry of Foreign Affairs (MoFA) officially confirmed on Monday the deaths of six Nepali nationals who were fighting alongside the Russian army in Ukraine.
Dec 04, 2023