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Political parties should have courage


BY SHAMBHU RAM JOSHI Now it has been proved to be wrong that abolition of monarchial system was the panacea the evils and achieve better results in the country. Nearly thirty years’ practice of multiparty democratic (including republican) system in our country has proved that the driver of the country …

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BY C. RAJA MOHAN Indian organizers, Shiromani Gurdwara Prabandhak Committee (SGPC) expressed “grave concern and dismay” at the incident, MEA stated in a press release. It is not often that China’s envoys to Delhi find time to visit Punjab. That is what Luo Zhaohui did last week. Besides wearing a …

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Tibet sets up tech incubator

LHASA, Aug. 8 (Xinhua) — A tech incubator was officially open on Wednesday in Lhasa, capital of southwest China’s Tibet Autonomous Region. The incubator, invested by Lhasa Science and Technology Bureau, covers 16,000 square meters, with an investment of 16.2 million yuan (about 2.35 million U.S. dollars), the bureau said. …

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Tibet border town sees trade boom

LHASA, July 31 (Xinhua) — Gyirong, a township in southwest China’s Tibet Autonomous Region near the border with Nepal, has seen booming trade. From January to June, about 75,332 tonnes of cargo cleared the port, up 32.8 percent year on year, said Liu Jian, deputy chief of the Gyirong port …

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Bancassurance Agreement between IME Life and NB Bank


By Our Reporter IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers. According to IME Life Insurance, its Acting General Manager Dinesh Amatya, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on …

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Machhapuchre Bank appoints GME Remit as its supper agent


By Our Reporter Machhapuchre Bank Ltd has appointed GME Remit Pvt Ltd as its supper agent. After the agreement, payment of the MBL Remit will be made by GME’s above seven thousand agents and GME’s payment banks’ branches. With reference to providing service, an agreement has been signed between the …

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Mega Bank’s customers to get discount at Star Hospital


By Our Reporter Mega Bank has signed an agreement with Sanepa-based Star Hospital to provide its customers discount on hospital services. Mega Bank’s Senior DGM Mahesh Sharma Dhakal and Star Hospital’s Chief Operating Officer Dr Sandesh GC signed the agreement on behalf of their respective organisations amid a function on …

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Taxation in multiple levels irks people, businessmen

Kathmandu, 14 August: The competition among the federal, provincial and local governments to impose taxes on different items have greatly irked the people. Owing to anarchy seen in the taxation system, people have started suspecting the fate of federalism as many believe that they were compelled to pay more tax …

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