Govt exploring alternative models for 'fast track' road construction

KATHMANDU: The government is exploring alternative financing models to construct the 76-km-long Kathmandu-Terai Fast Track road, for which, the Ministry of Physical Infrastructure and Transport (MoPIT) is seeking approval of the Ministry of Finance (MoF) for the annuity model.

Complete national pride projects on time: PM

KATHMANDU: Prime Minister Sushil Koirala on Monday directed concerned line ministries to expedite work of national pride projects and complete them on time. His instruction has come at a time when such projects are crawling at a snail’s pace.

Nepal Telecom plans to set up subsidiary IT company

KATHMANDU: Nepal Telecom (NT) has stated that it will establish a subsidiary company which will work on development of software and local internet contents. The idea has come as a result of a long standing plan of the company to diversify investment.

NT‚ regulator at loggerheads on mobile licence renewal fee

KATHMANDU: Even as the deadline to renew Nepal Telecom (NT)’s mobile service permit nears, the government is yet to reach a conclusion regarding licence renewal fee, which has been a bone of contention between the company and the telecom regulator.