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Monthly Archives: January 2017

Himalayan Bank to provide 30 percent bonus share to its shareholders

By Our Reporter Himalayan Bank Limited (HBL) held its 24th annual general meeting on 6 January. The AGM was chaired by Manoj Bahadur Shrestha, chairman of the Bank. The AGM has declared 30 percent bonus share and 1.5789 percent cash dividend on the paid-up capital to the shareholders. After issuance …

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Sunrise Bank to acquire NIDC Capital Market

By Our Reporter Sunrise Bank Ltd has received the mandate from its special general meeting held on 8 January to acquire the NIDC Capital Market. Earlier, the Bank and NIDC Capital Market had endorsed final agreement for acquisition of the Capital Market. The special general meeting of the Bank chaired …

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NIC Asia’s tree plantation program

Registrar of the B P Koirala Institute of Health and Sciences (BPKIHS), Dharan, Dr Tul Bahadur Shrestha, on Sunday, inaugurated Tree Plantation Program at BPKIHS Dharan. The program was organized as part of the Corporate Social Responsibility (CSR) initiative of NIC ASIA bank, according to a statement issued by the …

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SBL supports Nepal eye hospital

Siddhartha Bank Limited (SLB) is supporting Nepal Eye Hospital, Tripureshwar to conduct cataract surgeries of 15 economically marginalized patients from different locations of Kathmandu Valley, as a part of its Corporate Social Responsibility initiative. Issuing a statement, the bank said its deputy general manager Rameshwar Prasad Bashyal handed over the …

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Global IME’s rally to celebrate its 10th anniversary

Global IME Bank has organised a rally on the occasion of its 10th anniversary. The rally organised with a main slogan ‘Bachat Garaun’ in a bid to bring financial literacy marched to Durbarmarg, Ghantaghar, Ratnapark, Shahidgate, Newroadgate, Bir Hospital, Jamal and concluded at Kantipath branch of the bank. On the …

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Taking action against people polluting the Bagmati River

Authorities have arrested five persons for throwing trashes into the Bagmati River at Til Ganga on Saturday. They have been fined Rs 5,000 each for their unpleasant action, according to the Kathmandu Metropolitan City, Town Police. Under the Waste Management Act-2068, those found guilty of disposing garbage in prohibited zones …

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WiMAX service in quake-hit districts soon

Nepal Telecom (NT) has decided to expand WiMAX internet service to earthquake affected districts. The company is providing the broadband internet through WiMAX in eight most affected districts, dividing the project in two phases. In the first phase, broadband internet service will be expanded in Nuwakot, Rasuwa, Sindhuli and Kavre. …

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Parties explaining SC verdict as per their political stance

By Our Political Analyst The political parties both in support and in opposition of the amendment of the constitution have tried to explain the Supreme Court decision of Monday (2 January) as supportive to their political agenda. The leaders from the ruling parties, NC and MC, including the Madheshi Front …

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Doesn’t Nepal have foreign policy?

By Our Reporter Nepal has been the oldest nation of Asia. King Prithvi Narayan Shah who unified Nepal some 248 years ago was the first ruler in the world to have a permanent army. He also formulated foreign policy which was well documented in the Dipyopadesh. Even after the demise …

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Fate of amendment bill still uncertain

By Our Reporter The fate of the controversial bill registered by the government in the parliament to make amendments to the constitution is still uncertain by the time this story was developed. The government had committed to table the bill in the meeting on Monday but postponed for one more …

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