Janakpur Cigarette Factory in Pakhai to be reopened

Janakpur. The only cigarette factory in the country, Janakpur Cigarette Factory Limited, which was operating 62 years ago, is in the process of reopening. The Janakpur cigarette factory, which was unfortunately closed due to the political environment, at one time directly provided permanent employment to more than seven hundred employees and indirectly more than three thousand people got employment.

Express

Related News

ADB Project’s Rs 420 Million Budget Under Scrutiny, Consultant Selection Sparks Controversy

Kathmandu — The consultant and service provider selection process under the Rural Connectivity Improvement Project, implemented through the Department of Local Infrastructure Development with support from the Asian Development Bank, has come under...

Government institutes allowed to bring 25,000 tons of sugar for Dasain-Tihar

Kathmandu. The government has given permission to Salt Trading Corporation and Food Arrangements and Trade Company Limited to import 25,000 tonnes of sugar targeting Dasain-Tihar. The cabinet meeting held on Thursday allowed both the institutes to...

Nepal Life's 'Business Excellence Conference' completed, more than 13 billion first insurance fees collected last year

Kathmandu. Nepal Life Insurance, the most reliable life insurance company of Nepal, has successfully completed the two-day 'Business Excellence Conference'. More than 280 employees of sales and marketing departments from all over the country parti...

The US dollar, UK pound sterling and Swiss franc rose

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar, UK pound sterling and Swiss franc has increased today. The buying rate of one American d...

Suryakund Hydro is issuing IPO for general public from Sunday

Kathmandu. Suryakunda Hydro Electric is going to open the IPO sale for the general public from January 18th this Sunday. The company is going to issue a total of 5 lakh 72 thousand 431 shares of Rs 100 to the general public in the second phase.&nb...

NMB Bank's profit up by 27.11 percent: improvement in earnings per share and distributable profit

Kathmandu. NMB Bank Limited has earned a net profit of Rs 1.16 billion in the first three months of the current financial year 2083/84. This is an increase of 27.11 percent compared to Rs 91.6 crore in the same period last financial year. Along wi...