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MBL opens branch office in Koteshwar

By Our Reporter Machhapuchre Bank Ltd has opened its new branch office in Koteshwar. Bank’s board director Ramman Shrestha inaugurated the new branch office of the Bank. The Branch will provide all kind of banking service to its clients including 24-hour ATM service. This is the 18th branch office of …

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Nepal Remittance Association elects new office bearers

By Our Reporter Suman Pokhrel of the IME Limited has been elected as the new chairman of the Nepal Remittance Association. The 13th national convention of the Association has elected Pokhrel as the chairman. Diwakar Thapa of the Hulash Remit and immediate past chairman has also elected as the office …

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By Our Reporter

Machhapuchre Bank Ltd (MBL) and Midiciti Hospital have signed an agreement on providing attractive discount to the MBL clients. As per the agreement, MBL clients will get discount upto 7 percent on health services to the MBL clients. Such discount will be given to the MBL clients while paying the …

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Economic relations between Nepal and Sri Lanka

BY Swarna Perera Sri Lanka and Nepal share longstanding bilateral relations since the establishment of diplomatic relations in 1957. Our two countries share a unique spiritual and cultural affinity in South Asia and our engagement and cooperation are testimony to excellent bilateral relations emphasized by abiding friendship, mutual respect and …

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Syrian withdrawal fallout: mega turbulence ahoy!

By MR Josse TAMPA, FL: As I open this maiden column for 2019, it may be apposite to indulge in some crystal-ball clairvoyance. The dominant image that emerges is that great turbulence lies ahead for President Donald Trump’s administration. TURBULENCE Given the embittered relations between Republicans and Democrats, the ongoing …

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Corruption synonymous of “loktantra”!

By Our Reporter Corruption has become synonymous of the present day “loktantra” as those corrupt people are getting impunity. According to a report appeared in <hamro economy.com> CMC, an Italian construction company, which is involved in the construction of the Melamchi drinking water project, it had to offer 50 million …

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India eases power generation process in Nepal

By Our Reporter The Indian government that had issued a directive restricting the import of power generated in Nepal by the companies other than the Indian ones has finally lifted the restriction, paving the way for Nepal to export power to the third countries. Besides, India agreed to open power …

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Misuse of Rs.3.88 billion in wide-body planes deal

By Our Reporter The sub-committee formed by the Public Accounts Committee (PAC) of the Parliament has concluded misappropriation of Rs 3.88 billion while purchasing the wide-body aircraft. The PAC had formed the sub-committee to probe into the irregularities in the procurement of the two wide-body aircraft. The sub-committee also recommended …

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Japan to consume Nepali manpower

By Our Reporter The Government of Japan has decided to allow Nepali migrant workers in its labour market. Japan’s such decision came after a meeting between Minister for Foreign Affairs Pradeep Kumar Gyawali and his Japanese counterpart held some weeks ago. According to Nikkei Asian Review, the government of Japan …

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Leaders are afraid even from the shadow of the former King

By Our Reporter The other day, when the former king was seen dancing at a private party in Kathmandu, co-chairman of the Communist Party of Nepal (CPN) PushpakamalDahal saw a serious threat to the present republicanism. When the former King was encircled by thousands of people in Pokhara during his …

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