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Business and Corporate

Nepal Bank introduces Smart Card


By Our Reporter Nepal Bank Ltd, the first commercial bank in the country, has introduced NBL Smart Card with the purpose of providing more facilities to its customers. Those who are travelling by Shajha Bus can use such cards to pay fare. This is the first time such card is …

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Ncell tax episode: Has the public been fooled?

By Our Reporter Malaysian telecom giant Axiata had bought Reynolds Holding, which held a majority stake in Ncell, from TeliaSonera at around US$ 1.03 billion in April last year. Reynolds Holding was TeliaSonera’s wholly-owned subsidiary, registered at Saint Kitts and Nevis – a tax haven. The TeliaSonera AB had sold …

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IME’s ‘Harsha Nai Harsha’


IME has launched a new scheme ‘Harsha Nai Harsha’ on the occasion of New Year 2074. Under the scheme, customers sending money from Japan to Nepal through Kyodai-IME will get various prizes.  According to the company, it will provide shopping voucher worth 5,000 Yen to two people daily. Similarly, the …

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Toyota celebrates its 50 years in Nepal


By Our Reporter United Traders Syndicate (UTS), the sole distributor of Toyota vehicles in Nepal established in 1967 AD, celebrated its 50th anniversary in Nepal with various events in Kathmandu on March 30th. The events were kicked off with the grand inauguration of Toyota’s new state of the art 3S …

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Sunrise Branch at Sitapaila


Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program. According to the bank, the branch …

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Nepal Telecom to introduce talk-time loan


Nepal Telecom (NT) has said that was introducing talk-time loan service for its subscribers. Issuing a statement, NT said the service will start within the next five months. To provide the service, NT has signed a Memorandum of Understanding (MoU) with Hemant Trade Centre Pvt Ltd, a local agent of …

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Nepal Bank observes anniversary


By Our Reporter The oldest commercial bank of the country—Nepal Bank Limited’s 57th Annual General Meeting concluded on Sunday. The Chairperson of the Board of Directors Janardan Sharma Acharya presented annual progress report of the fiscal year 2016/2017 along with the plans and programmes of actions to be implemented in …

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Citizens Bank’s 2 new ATM outlets


Citizens Bank International Ltd opened new ATMs at Gwarko of Lalitpur and Bardibas of Mahottari on Wednesday. With this, the number of the bank’s ATMs has reached 56, it said in a statement. The bank has been providing banking services to its customers through 58 branches, 97 branchless banking units …

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Concert at Chandragiri hills


A free concert was held on April 5th for the occasion of Ram Navami at the new tourist destination the Chandragiri Hills. The organiser of the program Dinesh DC production had included Ram Lila show, stand up comedies and Shiva Pariyar for the concert. Located at the height of 2551 …

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Ncell’s special offer


Ncell has introduced a special offer – ‘Pahilo SIM’ – for students who appeared in the Secondary Education Exams (SEE) this year. Issuing a statement, Ncell said SEE-appeared students can buy Ncell prepaid SIM cards at just 1 rupee per connection under the offer. According to the statement, the package …

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