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Commerce and Economy

Nepal and Malaysia sign new labour pact

By Our Reporter Now onward, a Nepali migrant worker needs to pay only Rs. 5800 to reach Malaysia, thanks to the initiative taken by Minister for Labour, Employment and Social Security Minister Gokarna Bista. With the signing of the much-awaited Memorandum of Understanding (MoU) with the government of Malaysia for …

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Japanese support for the Sindhuli Road

By Our Reporter Japan has extended grant assistance of up to 1,085 million Nepalese rupees to Nepal for rehabilitation of the Sindhuli Road affected by the 2015 earthquake. Masamichi Saigo, Japanese ambassador and Dr. Rajan Khanal, secretary of the Ministry of Finance signed notes to this effect at the Ministry …

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NB Bank signs MoU with Khalti for facilitating digital payments

By Our Reporter Nepal Bangladesh Bank Ltd. (NBBL) has signed a MoU with Khalti to facilitate digital payments to its customers. Surendra Bhusan Shrestha, Deputy CEO of the Bank, and Amit Agrawal, Director of Khalti, signed the agreement. This alliance will enable NBBLcustomers to load their Khalti accounts via NBBL …

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MBL operates four more branchless banking service counters

By Our Reporter Machhapuchre Bank Ltd has launched four branchless banking service centers in Chitwan and Gorkha districts. In Chitwan, the Bank has brought into operation the branchless counter in Hattiwang in Ichhyakamana rural municipality. Likewise, in Gorkha, the Bank has started the service in Chhepatar, Palungtar and Gandaki rural …

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ICC World Cup Trophy displayed at Chandragiri Hills

By Our Reporter The International Cricket Council organized the trophy tour for 2019 Cricket World Cup to be held in England and Wales. ICC brought the trophy to Nepal as a part of their tour where they displayed the trophy at Chandragiri Hills on Sunday, 28 October. According to Bhawana …

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Kist Bank’s ex MD nabbed

By Our Reporter The police have arrested Kamal Gyawali, former managing director of then Kist Bank. He has been absconding since 2016 after being convicted of financial crime. Kist Bank was part of a mega merger between multiple banks to form Prabhu Bank. He was on the run after the …

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Japan hands over medical equipment to TUTH

By Our Reporter Japanese ambassador Masamichi Saigo handed over medical equipment for Tribhuvan University Teaching Hospital (TUTH) to Education Minister Giriraj Mani Pokhrel at a function on Monday. The equipment worth Rs. 693,000,000, was funded through Grant Assistance by the Japan Government and implemented by JICA as “Project for Improvement …

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IME launches Dashaima 20 lakh scheme

By Our Reporter IME limited, a leading remittance service provider over the years, aimed at Nepali’s greatest festival Dasain, followed by Tihar and Chhat, has launched “Dashainma 20 Lakh” scheme with bumper prizes. The scheme will be effective from 7 Ashwin till 29 Mangshir. Under this scheme, names of those …

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Nabil cardholders to get special discount at Grande International Hospital

By Our Reporter Nabil Bank and Grande International Hospital have endorsed an agreement under which the Nabil Bank’s debit, credit and prepaid card holders will receive a special discount of 7.5% and other privileges at the hospital. The discount will be applicable on all items excluding outsourced services, drugs, consumables, …

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Nabil Bank introduces travel medical insurance

By Our Reporter Nabil Bank has introduced the scheme of instant issuance of travel medical insurance policy bundled with travel related services. With this service, the Bank will provide travel insurance policy instantly through its counters to all interested customers who visit bank for availing travel related services like Visa …

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