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Monthly Archives: May 2018

Shining India and Jinnah’s portrait

BY JAMIL STUDENTS of Aligarh Muslim University (AMU) in India are currently holding demonstrations to protest against removal of Jinnah’s picture from students’ union hall. The union has had a tradition of bestowing lifetime membership on eminent personalities. Jinnah was honoured in 1938, two years prior to Lahore Resolution when …

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New city inaugurated in China’s Tibet

LHASA, May 7 (Xinhua) — Nagqu in southwest China’s Tibet Autonomous Region was officially reclassified as a city on Monday. Nagqu, previously a prefecture, officially became the city with the highest altitude in China. Nagqu has now become the sixth prefecture-level city in Tibet, following regional capital Lhasa, Qamdo, Xigaze, …

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Tibet’s tourism revenue up 47 pct in Q1

LHASA, May 7 (Xinhua) — Tibet has seen  dramatic growth in tourism revenue in the first quarter this year. From January to March, Tibet welcomed 1.06 million tourists, up 49.5 percent from a year ago. Total tourism revenue also rose 47 percent to 1.26 billion yuan (198 million U.S. dollars), …

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Harvest season for caterpillar fungus in China’s plateau region

XINING, May 7 (Xinhua) — About 1.2 million people — herdsmen, farmers, traders — have headed for the hills in northwest China’s Qinghai Province to dig caterpillar fungus. The worm grass, known in China as “winter-worm summer-grass,” is one of the most precious medical materials in traditional Chinese medicine, along …

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Is India willing to compete on level ground?

BY PUJAB RAJ PRADHAN Just as relations between China and India seem to be at a curious phase regardless those romantic lakeside walk and tea party during the informal ‘heart-to-heart’ meeting in Wuhan by the visiting Indian Prime Minister Narendra Modi and Chinese President Xi Jinping; Nepal, did manage to …

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More outlets for Chinese publications

By Our Reporter Nepal Tianli Publication and Culture Company Pvt Ltd has developed partnership with different bookstores for distributing Chinese publications in Nepal. For this purpose, the Company has launched China Book Center amidst a function organised on 6 May in Baudha, Kathmandu. The sole purpose of the China Book …

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MBL’s branch-less banking service in Ghandruk

By Our Reporter Machhapuchre Bank Ltd (MBL) has launched branchless banking service in Ghandruk, Ward No 10, Annapurna Rural Municipality in Kaski District. Until now, including the new branchless banking service, there are 19 such banking service centers in operation by the Bank in remote villages. Clients can open account, …

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New WB CM takes up position

Kathmandu, 8 May: Faris Hadad-Zervos, the World Bank’s new Country Manager for Nepal, arrived in Kathmandu today to take up his position. Mr. Hadad-Zervos, an American national, joined the Bank in 2001 in the Middle East and North Africa Region. He has since held various management positions, his most recent …

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World Bank lending huge amount

Kathmandu, 8 May: The World bank (IDA) is providing first programmatic fiscal and public financial management under Development Policy Credit amount US$ 200 million to the government of Nepal for budgetary support. According to Ministry of Finance, it is also lending Nepal US$ 66 million loan to promote improved farming …

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Commitment to end syndicate in petro sector

Kathmandu, 8 May:Minister for Industry, Commerce and Supplies Matrika Yadav has vowed to end syndicates in petroleum products supply by amending existing policies in the sector and creating a favourable environment for potential new investors to invest the sector, reports Kantipur daily. According to Naya Patrika daily there are many …

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