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Commerce and Economy

Left alliance to give stable government and economic development

By Our Reporter The UML and Maoist Center have already managed two-thirds majority in the House of Representatives and Province Parliament elections. If both the parties will get better results in proportional election, in that case, the Left alliance will be able to manage two-thirds majority dominance. However, the UML …

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Easy to send money home from India

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By Our Reporter IME Ltd. and Muthoot Finance have signed an agreement for Indo-Nepal remittance services amid a program at IME’s corporate office in Panipokhari, Kathmandu. Khilendra Paudel, Chief Operating Officer of IME and K.R. Bijimon Chief General Manager of Muthoot Finance signed the agreement. The program was attended by …

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Japanese support for Disaster Risk Reduction Project

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By Our Reporter Japan is providing financial assistance of US dollars 419,859 to Sharpla Neer – Citizens’ Committee in Japan for overseas support under the grant assistance for Japanese NGO projects scheme. Shapla Neer, an international NGO based in Japan, will work with a Nepalese partner NGO, Rural Reconstruction Nepal …

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Nepal identifies three potential projects to be implemented under Belt and Road Initiative

Xinhua : Nepalese Officials have identified three potential infrastructure projects to be implemented under the framework of China-proposed Belt and Road Initiative. The projects discussed by officials on Sunday include a cross-border railway project connecting China’s bordering town Kerung with Nepal’s capital Kathmandu, electricity transmission line connecting Kerung with Nepal’s …

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Budhigandaki project to hand over to India?

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By Our Reporter After strong reaction against scrapping the deal with the China Gezhouba Group Corporation (CGGC) for construction of Budhigandaki hydropower project producing 1200 MW electricity, the government on Friday, 24 November, decided to develop the Project on its own. DPM and Energy Minister Kamal Thapa informed that the …

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Global IME Bank opens more 3 branchless banks

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By Our Reporter Global IME Bank has started branchless banking service in Brahmadev of the Bhimdatta Municipality and Krishnapur Municipality in Kanchanpur, Parshuram Municipality in Dadheldhura Municipality. Local residents Rimesh Bahadur Khadka, Bharat Mahata and Bimala Kumari Bohara respectively been appointed as the representatives to operate Bank’s branchless service. The …

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Name and logo of NB Insurance Company changed

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By Our Reporter As per the decision of the 20th annual general meeting of the NB Insurance Company and after approval from the Insurance Committee, the management has changed the name and logo of the Company. Now, the Company will operate its service with the new name IME General Insurance …

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Nepal Business Excellence Award 2017 held

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By Our Reporter Confederation of Nepalese Industries (CN),in association with Frost & Sullivan, a global consulting firm based in the United States, organised “Nepal Business Excellence Awar-2017” amidst a function in Kathmandu last Tuesday. Sipradi Trading Private Limited, one of the largest trading companies in Nepal, has bagged the ‘Super …

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Construction works of Pokhara International Airport beings quietly

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By Our Reporter When the entire country has been in the election mood, construction of the much-talked-about Pokhara Regional International Airport has begun quietly. The locals of Pokhara came to know that the construction works have begun only when they saw heavy equipment including dozer, excavators, loader and tipper being …

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