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Monthly Archives: July 2018

Tibet sees fast growth in online retail sales

LHASA, July 10 (Xinhua) — The volume of online retail sales in southwest China’s Tibet Autonomous Region grew by 29.22 percent year on year in 2017, the regional commerce department said on Tuesday. Online retail sales totalled 2.28 billion yuan (about 345 million U.S. dollars) last year, the department said. …

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Tibet trains over 300 Thangka painters

LHASA, July 14 (Xinhua) — An academy in southwest China’s Tibet Autonomous Region has trained more than 300 painters of Thangka, a traditional Tibetan Buddhist art form. Since 2012, Tibet Thangka Painting Academy in Lhasa has trained students from low-income families free of charge to help preserve the cultural heritage. …

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India’s mistakes have allowed China to make inroads into Nepal

BY BRAHMA CHELLANEY Nepal’s new communist prime minister, KP Oli, has paid obeisance in Beijing, where he agreed to the proposal to extend the railway from Shigatse in Tibet to his country so as to reduce Nepali dependence on India. For India, Nepal is not just another neighbour but one …

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Kumari Bank supports Bal Sarathi

By Our Reporter Kumari Bank (KBL) has provided financial support of one hundred thousand rupeesto Bal Sarathi, a non-profit organisation working for the past 13 years, to provide underprivileged, street children with the basic health and educational opportunities. The Bal Sarathi Academy now enrolls almost a 100 street-children as regular …

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NIBL opens four new branches

By Our Reporter With the aim of providing banking service to the people from remote villages, Nepal Investment Bank Ltd (NIBL) has opened its branch offices in Jumla, Bajhang, Puthan and Dang. They are in Kalikakhet of Hima Rural Municipality, Jumla, in Jhota of Kedrasiu Rural Municipality in Bajhang, Bahane …

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New board of directors in Mega Bank

By Our Reporter The seventh annual general meeting of the Mega Bank held in Kathmandu has elected a six-member new board of directors. From the founding share holders, Gopal Khanal, Madan Kumar Acharya and Bhoj Bahadur Shah have been elected. Accordingly, from the public share holders Muktiram Pandey, Balkrishna Siwakoti …

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IGI Insurance collects substantive premium

By Our Reporter IME General Insurance Limited has successfully collected premium over one billion 92 hundred thousand rupees in the last fiscal year. IGI has so far extended into 42 branches network across various parts of the country. The 235 dedicated and competent staff members, consistent guidance from the top …

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Sanima Bank provided financial support to Teach For Nepal

By Our Reporter With the aim to contribute in education sector, Sanima Bank supported Rs. 1 million to Teach for Nepal. Bank has handed over check to Teach For Nepal amidst Konjyosom branch opening ceremony at Lalitpur. Teach for Nepal has been working since last 5 years with a vision …

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Nabil first bank to execute requirement laid out by monetary policy

By Our Reporter In line with the requirement laid out by monetary policy 2075/76 clause No. 97 requiring banks and financial institutions to train assistant level to officer lever staff, Nabil Bank becomes the first bank to execute the same by signing an MoU with National Banking Institute (NBI). With …

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BRB seeks Oli’s resignation

Kathmandu, 18 July : Former Prime Minister Baburam Bhattarai-led Naya Shakti Party Nepal has demanded that Prime Minister KP Sharma Oli resign immediately as his government was involved in various activities against the constitution and people, reports Nepal Samacharpatra daily. Meanwhile, the party also staged a demonstration against the government …

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