somersby

China investing Rs 14 billion in Nepal’s cement industry

Kathmandu, December 26 The Investment Board of Nepal is preparing to sign an agreement with a Chinese company to bring in Rs 14 billion (equivalent to around $ 140 million) investment in Nepal’s cement industry. The government body is preparing to sing the Project Investment Agreement with Huaxin. Earlier, the Department of Mines and Geology […]

Government to establish its own LPG bottling plant

Kathmandu, December 22 The Nepal Oil Corporation under the government says it will establish its own liquefied petroleum gas bottling plant in the wake of a recent fire incident at a similar facility in Birgunj of Parsa. The Corporation says it wants to end the monopoly of private sector in the trade of cooking gas. […]