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Business and Corporate

Citizens Bank Open Golf starts


Citizens Bank Open Golf Tournament began from Saturday, April 8. “The bank is organizing the golf tournament since the last three years with an objective of promoting the game,” said the bank in a press statement. The tournament is being organized in Gokarna Golf Club. According to the bank, nearly …

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Sunrise Bank’s Dhalko branch now in Khusibu


Sunrise Bank Ltd has shifted its Dhalko branch office to a new location in Khusibu. Issuing a statement, the bank said that its CEO Ratna Raj Bajracharya inaugurated the relocated branch office amid a function on Sunday. “To celebrate relocation of the branch office, the bank will provide 50 % …

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Everest Bank’s 88th ATM booth in Kamal Pokhari

Everest Bank Ltd has inaugurated its 88th ATM booth at Jain Bhawan in Kamal Pokhari, Kathmandu. Issuing a statement, the bank said the ATM was inaugurated by Ram S Sangapure, the executive director of Punjab National Bank. The inauguration ceremony was attended by Everest Bank Chief Executive Officer Someshwar Seth, …

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Samsung Galaxy A7 out in the Nepali market


Samsung Nepal has just launched the 2017 widely popular Samsung Galaxy A7 in the Nepali market. It will be available in stores at a price of Rs 54,000. The Galaxy A7 shares design cues from Samsung’s flagship phones, with a 5.7 inch Full HD super AMOLED screen supported by an …

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NIC Asia opens five branch offices


NIC Asia Bank has inaugurated branch office in five new locations across the country. According to the bank, the new branch offices have been opened in Bardaghat, Tansen, Lamki, Tikapur and Dhankuta. The bank has said that it would open new branch offices in other parts of the country to …

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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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