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Business and Corporate

Prabhu Insurance’s new branch in Newroad

Prabhu Insurance has started a new branch at Newroad, Kathmandu. Issuing a press statement, the company informed that all insurance related transactions will be carried out from the new branch. Chiranjibi Chapagain, Chairman of Insurance Board inaugurated the branch amid a program on March 1. Stating that the insurance companies …

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Sanima Bank’s 45th branch in Timure

Sanima Bank has opened its 45th branch at Timure, Rasuwa on 7th March in association with ‘Sakchyam – Access to finance’ project promoted by UK aid. Issuing a press statement, the bank informed that Binaya Kumar Shrestha, Chairman of the bank inaugurated the branch amidst a ceremony. In the opening …

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Agreement between Mega Bank and Remit2Nepal

Mega Bank Nepal Limited and Remit2Nepal Pvt. Ltd. recently signed money transfer services agreement. According to a press release, Raveena Desraj Shrestha, Assistant Deputy Chief Executive Officer of Mega Bank Nepal Limited and Shree Chandra Bhatta, Chief Executive Officer of Remit2Nepal Pvt. Ltd. signed the agreement on behalf of their …

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CG’s 10th outlet in Nayabazaar

CG Electronics Pvt Ltd has inaugurated its 10th outlet at Nayabazaar of Kathmandu. Issuing a press statement, CG said that it aims increase its retail presence and market share in the country’s growing consumer market. Products of leading brands like LG, CG, Toshiba, Godrej, TCL, Kelvinator, Sensei, Kent, Pigeon and …

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NA Spokesman Karki gets promotion

By Our Reporter Brigadier General Tara BahadurKarki, chief, Public Relations Directorate and spokesman of the Nepal Army (NA) has been promoted to the post of Major General. Chief of Army General Staff RajendraChhetri on Monday conferred insignia on Major General Karki amidst afunction at the Army Headquarters. The cabinet meeting …

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Sunrise Bank in Damak

By Our Reporter Sunrise Bank Ltd has opened its Damak Branch at the Gorkha Departmental Store in Ward No 10 of Damak city in Jhapa. The Branch was jointly inaugurated by RajendraDhakal, president,DamakChmber of Industry and Commerce and Apach Kumar Yadav, Bank’s deputy general manager amidst a function on 28 …

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Himalaya Airline’s Yangon flight launched

Himalaya Airlines on Friday launched scheduled commercial flights to Yangon, Myanmar. The airline said the flight to Myanmar is part of their initiative to strengthen direct connections with around 3,00,000 people of Nepali origin residing there. The flight took off from Tribhuvan International Airport at 10:55 (local time) and touched …

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NIBL marks 30th anniversary

By Our Reporter Nepal Investment Bank observed its 30th anniversary amidst a function. The Bank has established a record for being decorated with the prestigious international award “Bank of the Year” for the fifth time. Recently, the Financial Times in London had awarded the Bank with the award. The Bank …

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Annapurna cable car to be financed by sunrise and RBB

Annapurna Cable car to be constructed in Sarangkot of Kaski has obtained a consortium loan under the headship of Sunrise Bank. The cable car project which is ought to be 2.3 kilometres long will be jointly financed by Sunrise Bank and Rastriya Banijya Bank (RBB). The project is being constructed …

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