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Monthly Archives: May 2017

DPM Mahara attends OBOR summit

By Our Reporter Signing of the OBOR by Nepal is likely to be fruitful for Nepal. It was evident from the positive gestures expressed by the Chinese leaders towards building railways in Nepal during the summit. China has assured Nepal that it would consider the proposal to construct railways in …

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Belt and Road: promoting healthy globalization

By Ng Yau Man The Belt and Road initiative (B&R) has entered a new development stage. Heads of state and government from 29 foreign countries attended the Belt and Road Forum for International Cooperation in Beijing on May 14 and 15. President Xi Jinping made a keynote speech, proposing the …

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Pelosi, Dalai Lama stage show before their political exit

Just as the China-US relationship is getting back on the right track after experiencing some ups and downs, 77-year-old House Democratic Leader Nancy Pelosi, who is seen very much as clinging to power way past her prime, has found a chance to highlight herself by playing the Dalai Lama card. …

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NEA’s plan to acquire 2 million LED light bulb

Nepal Electricity Authority (NEA) has said that they have a plan to acquire 20 million LED bulbs for the efficient use of electricity to eliminate load-shedding from the country. “As per our immediate plan to reduce load-shedding, we have planned efficient use of electricity by replacing existing CFL and other …

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South Asian tobacco control leadership meet concludes

A week-long South Asia Tobacco Control Leadership Programme concluded here in Kathmandu on Saturday, highlighting an urgent need to develop appropriate tobacco intervention strategies to make this region smoke-free. The conference jointly organised by the Ministry of Health, International Union Against Tuberculosis and Lung Disease (The Union), Johns Hopkins Bloomberg …

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Sanima Bank launches online ASBA and Demat Account

Sanima Bank has been providing ASBA service since January 14, 2017 (1st Magh, 2073), after receiving approval from the Securities Board of Nepal for accepting application of IPO/FPO of public companies, said the bank in a press statement . With an objective of simplifying and hassle free ASBA system, Bank …

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Nepal’s economic growth rebounded strongly in FY 2017:WB

The World Bank has said that Nepal’s economic growth has rebounded strongly and has reached 7.5 % in the fiscal year 2017. This is the highest economic growth rate in the country since 1994. The World Bank has said that the best monsoons in recent years; increased availability of electricity; …

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Sunrise Bank support to 5 students doing thesis

Sunrise Bank is supporting five students of Masters in Business Studies (MBS) and Master in Business Administration (MBA) level for their thesis preparation.  The bank is providing the support to the students of Tribhuwan University (TU). The bank and the administration department of TU signed a memorandum of understanding regarding …

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Nepal to host Asian weightlifting Championship

Nepal Weight lifting Association (NWA) is organizing Asian Weight lifting Championships for youth and junior players at the Army Physical Training and Sports Complex in Lagankhel from July 21 to 29. The tournament, officially sanctioned by Asian Weightlifting Federation (AWF), will feature events in youth and junior sections in both …

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