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Commerce and Economy

GME starts remit service starts from Korea

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By Our Reporter Aiming providing remit service for Nepalis working in South Korea, Global Money Express (GME) remittance company has been established. Nepli Ambassador to South Korea Arjun Jung Bahadur Singh launched the company service amidst a function recently. Although the Global IME Bank was providing remittance service since 2013, …

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Melamchi’s water: Waiting for Godot

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By Our Reporter Getting Melamchi water has been a mere dream for the people of Kathmandu for the last two and a half decades. Still, they are not sure whether the dreams of drinking water of the MelamchiRiver will be fulfilled as the works in its tunnel and the pipe …

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IME Life Insurance opens Baglung Branch

By Our Reporter IME Life Insurance has opened its new branch in Baglung. Chirinjivi Chhapagain, chairman, Insurance Committee inaugurated the Branch amidst function. On the occasion, chairman of the IME Group, Chandra Prasad Dhakal, managing director Hemraj Dhakal, chairman of the Board Dr Ramhari Aryal were also present. Chhapagain, addressing …

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Shangrila Development Bank enters 14th year

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By Our Reporter Baluwatar Kathmandu-headquartered Shangrila Development Bank has successfully completed its 13th year of operation and entered into 14th year. On the occasion of the 14th anniversary the bank has organized varieties of programs. As the bank has attached utmost priority to Corporate Social Responsibility (CSR) in addition to …

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Prithivi Remit: Easy way to send money from India

By Our Reporter With the aim of making easy to send money to their home by the Nepalis in India, the Nepal Investment Bank and India’s Axis Bank have endorsed an agreement on remittance transaction. Now, Nepalis in India can send money to their home in Nepal through the Prithivi …

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NIBL to distribute 40 percent dividend

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By Our Reporter The 31st annual general meeting (AGM) of Nepal Investment Bank Ltd (NIBL) held on Tuesday (24 October) has decided to distribute 40 per cent dividend — 15 per cent share dividend and 25 per cent cash dividend — on its total paid-up capital to the shareholders. The …

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South Korean help on health insurance system

By Minjung Sohn South Korea started the health insurance program with enactment of the health insurance act in 1963. It was the time when, per capital GDP of the country was US 140. They started by implementing the health insurance program for the government sector only, because ascertaining the earnings …

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Saud NEPSE’s new GM

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By Our Reporter The government has appointed Chandra Singh Saud as the general manager of Nepal Stock Exchange Limited (NEPSE). A Cabinet meeting held on Monday took the decision to this effect. Saud has been appointed for a term of four years. The government selected Saud among three candidates as …

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