Nepal and India are poised to sign a historic memorandum of understanding (MoU) on investment and cooperation in the tourism sector. Stakeholders from both sides gathered here on Monday to discuss a mutually agreed draft MoU, jointly prepared by a technical team from the travel and tourism sectors of both ...

The world’s highest civilian airport will begin operations in a Tibetan prefecture in China’s Sichuan province from September 16, officials said today. Located at 4,411 metres above sea level, the airport in Daocheng Yading county, Garzi Tibetan Autonomous Prefecture will drastically cut the travel time between the county and the ...

International airlines serving Nepal are seeing a surge in inbound bookings with the tourist and festival seasons approaching. According to travel agencies, almost every flight into Kathmandu is 96 percent booked for October while 85 percent of the seats have been booked for November. They said that air ticket reservations ...

The Nepal Rastra Bank (NRB)  has introduced a 100-rupee Nepali note featuring Lumbini, the birthplace of Lord Buddha. The NRB said the new note would be accessible only during the Dashain, , Xinhua reports. A bank spokesperson said the new note has a picture of the Ashoka Pillar, along with ...

The country’s import sector may be watching the freefall of the Nepali rupee against the US dollar with hearts pounding, but the tourism industry is brimming with anticipation for a bumper season. With the exchange rate going in favour of foreign visitors, tourists get Rs 109 for US$ 1. The ...