Submit your Article

Annapurna Cable Car  organized a 'Partners Meet' in Kathmandu. The event brought together the country's leading travel agencies and the company's business partners. 

During the event, the company also extended an invitation to interested parties to join forces in strengthening Nepal's tourism sector. In addition to fostering existing partnerships, the company revealed its plans to install a 48-feet tall idol of Panchamukhi Ganesh at its top station premises.

"The program has strengthened our existing partnership and encouraged us to welcome new partners," Kalu Gurung, chairman of Annapurna Cable Car said. "We believe that this collaboration will contribute significantly to the development of the tourism sector not only in Pokhara but in Nepal as a whole."

Likewise, Sanat Neupane, independent director of Annapurna Cable Car, urged for cooperation to establish Pokhara as well as Nepal as a premium tourist destination. "The Annapurna Cable Car is a safe, comfortable and unprecedented mode of travel," Neupane said. "The breathtaking views of the lake, city, green forest, sunrise and beautiful snow range seen while climbing and reaching Sarangkot through the cable car will be an unforgettable experience for everyone."

Annapurna Cable Car plans to unveil the Panchamukhi Ganesh idol during the Shivaratri festival in mid-February. "Very soon general people can own stakes in the company as we are planning to launch an IPO. Likewise, we are also starting nighttime operations," he added.

The company has been operating a 2.2-kilometer cable car service from Sedibagar on the Fewa Lake shores to Sarangkot hill. The cable car has 17 gondolas and can serve 500 people per hour. The company has also been operating other adventure activities like bungee jump and swing, rock climbing, canyoning etc.

According to the company, it has been strictly adhering to security standards set by Nippon Cable Company of Japan. It currently employs 80 skilled and unskilled workforce.

The price of gold has increased by Rs 1, 000 per tola in the domestic market on Friday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 114, 700 per tola today. It was traded at Rs 113, 700 per tola on Sunday.

Meanwhile, tejabi gold is being traded at Rs 114, 150 per tola. It was traded at Rs 113, 150 per tola.

Similarly, the silver is being traded at Rs 1,400 per tola today.  

An agreement has been made between Pokhara Metropolitan City and USAID for the development of tourism in Pokhara.

The agreement was reached on technical consultancy for development of tourism, agriculture and information technology in Pokhara. As per the agreement, USAID will provide technical consultancy for two years.

Pokhara Metropolitan City is facing challenges to address the problems in tourism and among related entrepreneurs, especially after the COVID-19. For addressing the problems, the USAID consultancy would extend support.

The agreement was signed by PMC Mayor Dhanraj Acharya and project chief at USAID, Agnes Luz.

Orientation, investment forum, marketing and publicity would be incorporated as part of the programs for tourism development, according to Mayor Acharya.

The Nepal Stock Exchange (NEPSE) plunged by 11. 85 points to close at 1,852. 08 points on Thursday.

Similarly, the sensitive index dropped by 1. 36 points to close at 357. 04 points.

A total of 2,833,731-unit shares of 282 companies were traded for Rs 836 billion.

Meanwhile, Sayapatri Hydropower Limited was the top gainer today with its price surging by 6. 96 percent. Likewise, Mountain Energy Nepal Limited was the top loser as its price fell by 6.58 points.

At the end of the day, the total market capitalization stood at Rs 2. 85 trillion.