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News tagged 'Import'

New civil aviation policy strict on aircraft import

Aug 29, 2020

KATHMANDU, AUGUST 28 The Civil Aviation Policy 2020 which was recently drafted includes more stringent provisions for airline operators while purchasing aircraft. The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) had published the final draft of new Civil Aviation Policy on Thursday. The draft mentions that airline companies will not be ...

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MoALD issues guideline for import, distribution of fertilisers

Aug 27, 2020

KATHMANDU: To address the increasing threat of COVID-19 in the country, the Ministry of Agriculture and Livestock Development (MoALD) has published a guideline for import and distribution of fertilisers. The MoALD has directed Agriculture Input Company Ltd (AICL) and Salt Trading Corporation (STC) along with divisional offices working under them to...

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E farm connecting urban farmers to capital city

Aug 25, 2020

KATHMANDU: E farm, a digital platform for agriculture development has introduced a concept of connecting farmers from urban areas with the capital city. To address lack of market for local products because of imported vegetables, E farm has been purchasing agriculture produces from rural districts across the country and delivering it at the consume...

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India to ban imports of 101 items of military equipment

Aug 9, 2020

NEW DELHI: India said Sunday that it will ban the imports of 101 items of military equipment in an effort to boost local production and improve self-reliance in weapons manufacturing. Defense Minister Rajnath Singh said the government is planning to progressively implement the embargo on select military imports between this year and 2024. The milit...

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Gold import at five-year low last FY

Jul 31, 2020

KATHMANDU, JULY 30 As a result of the lockdown imposed to contain the spread of COVID-19 and plummeting demand amid global price surge, import of gold slumped to a five-year low in 2019-20 fiscal which ended recently. Statistics maintained by the Department of Customs (DoC) shows that Nepal imported raw gold worth Rs 13.46 billion in 2019-20, the l...

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Apple supplier Foxconn, others hit as India holds up imports from China: sources

Jul 2, 2020

India customs at ports closely scrutinising shipments from China Foxconn plant operations disrupted due to delays-sources Several US lobby groups have complained to Indian govt Indian officials say situation should ease soon NEW DELHI: India’s additional scrutiny of imports from China has disrupted operations at plants owned by Apple suppli...

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China trade disappoints with imports and exports both slowing in July

Aug 9, 2017

While imports grew for the ninth consecutive month, they cooled markedly in July, posing questions about strength of the local economy. Exports also slowed to most trading partners, with South Korean trade halved and a noticeable slowing of shipments to the US and Europe. However, the performance was good enough to see China's trade surpl...

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Australia's meat sales plunged 15pc after Indonesian cattle cruelty revelations, court told

Jul 21, 2017

Australian meat sales plunged 15 per cent due to public "revulsion" over animal cruelty in Indonesian abattoirs, a court has been told. Former agriculture minister Joe Ludwig's lawyers have argued their client's decision to suspend live cattle exports to Indonesia was necessary to protect the wider industry's reputation. Mr Ludwig o...

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One Belt, One Road Fuels Nepal’s Dreams

Jul 19, 2017

“Good morning, sir,” the Nepal Armed Police Force officer stamped his boot on the ground while keeping his right hand at his forehead. The Chinese police officer sitting inside a large building on the Bank of Kerung Khola in Rasuwagadhi – the only active gateway from Tibet to Nepal had no response. “I want to take my friend...

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China's GDP, economic data beat expectations

Jul 17, 2017

China's economy has continued to beat expectations, with its economic growth coming in slightly ahead of analyst forecasts. According to official data released on Monday,China's gross domestic product has maintained its annual growth rate at 6.9 per cent. The typical forecast was for a slight slowdown in year-on-year growth to 6.8 pe...

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