Mar 31, 2014

Govt set to remove 20-year-old public vehicles

KATHMANDU: Plans to remove public vehicles that are more than 20 years old from the roads finally seem to be gathering speed — almost a decade after the government had announced it.

RTDF unused due to legal hurdles

KATHMANDU, March 30--Billions of rupees collected by the government from different telecom companies for the purpose of rural telecom development have remained idle due to various legal hurdles.

Mar 30, 2014

Nearly 30 per cent Nepalis have internet access

KATHMANDU: Three out of every 10 Nepalis are using internet services in the country. Nepal Telecommunications Authority (NTA)’s most recent figure shows that the penetration rate of data service had increased to 29.78 per cent by mid-January, 2014.

Mar 27, 2014

IL&FS eyes Fast Track road

Expresses interest to build 76-km expressway on annuity model
KATHMANDU: Indian firm — Infrastructure Leasing & Financial Services (IL&FS) — has expressed interest to build the much talked about Kathmandu-Terai Fast Track road under annuity-based model. The company has shown interest at a time when the government has been giving multiple thoughts on financing the 76-km expressway.

Mar 26, 2014

Transport fares likely to go up 15 per cent

KATHMANDU: In the wake of hike in the prices of petroleum products, transport fares are likely to go up by 15 per cent. The government and transport entrepreneurs are preparing to hold talks soon to fix new rates.

Mar 25, 2014

NTA gears up to amend telecom law to auction 4G frequency

KATHMANDU: The Nepal Telecommunications Authority (NTA) is working to amend the Telecommunications Act to make legal provision for auctioning high value frequencies. High value radio telecommunication frequencies include third generation (3G) and fourth generation (4G) spectrum.

Mar 14, 2014

Rights activists demand quality service from telecom cos

KATHMANDU, MAR 14 - Consumer rights activists have asked telecom companies to improve the quality of their service and make the billing system transparent. They have also accused the companies of focusing more on increasing revenue than providing better service.

Mar 13, 2014

3 foreign firms makes fresh bids to undertake KTM-Tarai Fast Track road

KATHMANDU, MAR 13 - Three foreign firms—one Chinese and two Indian—have expressed interest to construct the 76-km Kathmandu-Tarai Fast Track project, the the Ministry of Physical Infrastructure and Transport (MoPIT) said.

Mar 12, 2014

Nepal Telecom ready for a partner

KATHMANDU, MAR 12 - Nepal Telecom (NT) called on the Expression of Interest (EOI) on Tuesday to hire a consultant as part of the preparations to bring in the much talked about strategic partner. The company has invited applications from interested national and international consultants.

Mar 11, 2014

Study downgrades expected traffic on planned Fast Track

KATHMANDU, MAR 11 - Potential foreign investors, who have not been very keen about the proposed Kathmandu-Tarai Fast Track to begin with, will be even more reluctant now to put money in the project as a new study has downgraded expected traffic.

Mar 9, 2014

Poverty ID card holders to get essential goods at cheaper rate

KATHMANDU, MAR 09 - The government plans on making available the daily essential goods at a cheaper rate to the poor by establishing fair price shops. The Ministry of Commerce and Supplies has included this plan in the Consumer Protection Policy which is in the pipeline.

Mar 8, 2014

Postal road project stalledas contractor flees

KATHMANDU, MAR 08 -Construction work on a 320-km section of the Postal Highway Project has been at a standstill for the last eight months after the Indian contactors abandoned it without notice. A joint venture of two Indian companies Vishwa and BVSR had been contracted to build the road by December 2013.

Mar 7, 2014

Bindhabasini Transport gets permit to operate buses

KATHMANDU, MAR 07 - The government has finally decided to assign a route permit to the Bindhabasini Transport Entrepreneurs Committee of Pokhara which has brought Euro III standard buses to provide high quality service to travellers in Pokhara.

Mar 2, 2014

NTA directs UTL to pay off dues and collect unified licence

KATHMANDU, MARCH 2--The Nepal Telecommuni-cations Authority ( NTA ) has directed the United Telecom Limited (UTL) to acquire a unified licence by clearing any outstanding dues. The NTA ’s instruction came at a time when the company is delaying to pick up the permit.