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Business and Corporate

NIC Asia and Nabil Investment sign agreement

By Our Reporter NIC ASIA Bank has signed “Issue Management Agreement” with Nabil Investment Banking Ltd. for the issuance of “11% NICASIA Bond 2082/83” amounting Rs 1.83 billion with a coupon rate of 11% per annum payable on semi-annual basis. 1,830,000 units of bonds with a face value of Rs. …

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VP Dhakal urges int’l business community to invest in Nepal

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By Our Reporter Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, has urged international business community to invest in potential sectors of Nepal as the country now has enabling business environment with stable government in place. Dhakal, also the Chairman of Employers’ Council of …

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NOC increase fuel prices again

By Our Reporter Nepal Oil Corporation has further increased the prices of petrol, diesel kerosene and aviation fuel.  Although the prices of fule have dropped in the international market, the NOC has been increasing their prices for several weeks. Last week the NOC increased the price of petrol by Rs. …

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Nepal, Israel mark 58 years of diplomatic ties

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By Our Reporter Nepal and Israel have observed 58 glorious years of diplomatic ties since its establishment on 1 June, 1960. Marking this historic day on 1 June, the Israel Embassy handed over some historic photographs of late BP Koirala, the first elected Prime Minister of Nepal, during his visit …

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MBL CSR in raising awareness

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Machhapuchhre Bank Limited (MBL) has actively been involved in creating awareness in the society under its Corporate Social Responsibility (CSR). The MBL last week, in association with Cancer Council Nepal organized an awareness porogramme in capital last week. The programme aimed at raising awareness at the core of society and …

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IME pay wallet service

By Our Reporter Siddhartha Bank has inked an agreement with IME Digital Solution, a digital financial services wing of IME Group, to offer IME pay wallet service. With the agreement in place, IME pay customers can now link their IME pay wallet with their Siddhartha Bank account enabling them to …

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Kumari Bank launches “Mahabachat Yojana”

By Our Reporter Kumari Bank has introduced “Kumari Mahabachat Yojana” an attractive cash back scheme for its Mobile Banking subscribers for making online purchase of grocery items through merokirana.com. Kumari Bank has signed an agreement with Kirana for such a scheme considering the busy lifestyle of the people. Now, Kumari …

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Norwegian Embassy to contribute rebuilding Bhaidegh Temple in Patan

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By Our Reporter Prithivi Bahadur Pande’, chairman, Cultural Heritage Conservation Group (CHCG) and Lasse Bjørn, Norwegian Ambassador signed an agreement for construction of Bhaidegah Temple in Patan amidst a function organised at the Embassy premises last week. The Embassy has provided financial support worth above 122 million rupees. At the …

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Mega Bank reaches far off places

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By Our Reporter Mega Bank Limited has extended its branches in Tripurasundari rural municipality and Rautamai rural municipality of Dhading and Udaypur district respectively. These branches have been opened and brought into operation as a set goal of bank of rendering banking services to peoples of rural area. The number …

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MBL CSR in raising awareness

Kathmandu, 4 June:  Machhapuchhre Bank Limited (MBL) has actively been involved in creating awareness in the society under its Corporate Social Responsibility (CSR). The MBL last week, in association with Cancer Council Nepal organized an awareness porogramme in capital last week. The programme aimed at raising awareness at the core …

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