Yari Customs Office reopens after four months
The Yari Customs Office in the northern Humla has come into operation after a gap of four months.
The office remained closed since December 25 due to extreme cold weather. The customs service resumed after office Chief Ramraj Jaisi returned to Hilsa.
"The office was closed after informing the Customs Department since snow started accumulating in the area. It came back into operation from Sunday," Office Chief Jaisi said.
The road section here was completely closed for traffic after snowfall during the winter. It is expected that the transport service will also come into operation soon as the Hilsa-Simkot road project has started removing the snow.
Import of goods from Taklakot will also resume once the transport service comes into operation.
Gold price drops by Rs 1, 400 per tola on Monday
The price of gold has dropped by Rs 1, 400 per tola in the domestic market on Monday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 188, 300 per tola today. It was traded at Rs 189, 700 per tola on Sunday.
Similarly, the price of silver has dropped by Rs 20 and is being traded at Rs 1,970 per tola today.
Nepal exports tea worth Rs 3.57 billion in last nine months
Tea worth Rs 3.57 billion has been exported till April 13 of the current fiscal year 2024/25, starting July 16, 2024.
Tea exports are expected to reach Rs 4.5 billion this year, according to the National Tea and Coffee Development Board.
Board official Chandra Puri said Nepal's tea sector has created around 60,000 jobs and there are 171 tea estates and 120 small and medium tea processing centres.
According to him, tea was grown on a total of 20,760 hectares of land across the country in the fiscal year 2023/24. During this period, 27 million kilograms of processed tea was produced. There are 15,203 tea farmers in the country.
Puri informed that 16.5 million kilograms of tea worth Rs 3.63 billion was exported in the previous fiscal year.
Meanwhile, the Board has decided to organize a tea exhibition at Harihar Bhawan in Pulchowk today on the occasion of the 29th National Tea Day. The exhibition has been organized with the objective of promoting Nepali tea in the international market.
Puri said that discussions would be held among the representatives of tea farmers, workers, cooperatives, entrepreneurs, business persons and concerned organizations amidst the exhibition of tea produced in different districts of the country at one place.
The theme of the National Tea Day this year is 'Healthy Tea, Sustainable Market, Foundation of Prosperous Nepal'.
Nepse surges by 5. 98 points on Sunday
The Nepal Stock Exchange (NEPSE) gained 5.98 points to close at 2,664.01 points on Sunday.
Similarly, the sensitive index surged by 2.81 points to close at 450. 07 points.
A total of 28,438,428-unit shares of 314 companies were traded for Rs 10. 87 billion.
Meanwhile, Nepal Micro Insurance Company Limited (NMIC) and Crest Micro Life Insurance Limited (CREST) were the top gainers today, with their price surging by 9. 99 percent.
Likewise, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) was the top loser as its price fell by 10.00 percent.
At the end of the day, total market capitalization stood at Rs 4. 42 trillion.
