Tuesday , September 18 2018
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Business and Corporate

Machhapuchre Bank opens four new branches

By Our Reporter Machhapuchre Bank Ltd has launched more four new branches immediately after opening of 13 branches in different parts of the country. The newly opened branches are in Krishnasawaran village in Saptari, Tyamke Maium village in Bhojpur, Malika Arjun village in Darchula and Nagarain municipality in Dhanusha. The …

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Garima Bikas Bank expanding

By Our Reporter Garima Bikas Bank has opened up eight new branches at province 1. The bank has begun its banking operation at Budhabare and Banyani of Jhapa district, Biratnagar and Biratchowak of Morang district and Itahari and Dharan of Sunsari district. With this the national level development bank it …

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IME’s Anniversary of Partnership

By Our Reporter IME Group, one of the leading multi-industry corporations of Nepal has entered into eighteenth year of its establishment.  Last week the Group marked its 18th Anniversary with a slogan ‘Anniversary of Partnership’. The Group facing several upheavals in the past 17 years has been successful in assisting …

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NAC to receive two aircrafts with different production numbers

By Our Reporter In the commission game, the Nepal Airlines Corporation (NAC) has violated its own pre-conditions it had issued while calling a tender for the purchase of two wide-body aircrafts. NAC has claimed that by 27 June it will receive its first wide-body Airbus 330-200 series aircraft and will …

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Public Service fellows receive HBL-Daayitwa Fellowship Award-2018

By Our Reporter Himalayan Bank Limited has awarded this year’s HBL-Daayitwa Fellowship Award-2018 to Nepalese Public Service fellows.  The Bank has been sponsoring six Nepalese fellows since 2016. The fellows promote economic prosperity of the country working with various government agencies and policy makers to collaborate and innovate in the …

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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

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

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

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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