Commerce and Economy

Xinhua : Nepalese Officials have identified three potential infrastructure projects to be implemented under the framework of China-proposed Belt and Road Initiative. The projects discussed by officials on Sunday include a cross-border railway project connecting China’s bordering town Kerung with Nepal’s capital Kathmandu, electricity transmission line connecting Kerung with Nepal’s …

By Our Reporter After strong reaction against scrapping the deal with the China Gezhouba Group Corporation (CGGC) for construction of Budhigandaki hydropower project producing 1200 MW electricity, the government on Friday, 24 November, decided to develop the Project on its own. DPM and Energy Minister Kamal Thapa informed that the …

By Our Reporter Global IME Bank has started branchless banking service in Brahmadev of the Bhimdatta Municipality and Krishnapur Municipality in Kanchanpur, Parshuram Municipality in Dadheldhura Municipality. Local residents Rimesh Bahadur Khadka, Bharat Mahata and Bimala Kumari Bohara respectively been appointed as the representatives to operate Bank’s branchless service. The …

By Our Reporter As per the decision of the 20th annual general meeting of the NB Insurance Company and after approval from the Insurance Committee, the management has changed the name and logo of the Company. Now, the Company will operate its service with the new name IME General Insurance …

By Our Reporter IME Ltd. has felicitated top 10 outstanding agents for the Fiscal Year 2073/74 and has sent them for an 8 days tour to Rara Lake. The company has selected the top 10 best performing agents of the Fiscal Year based on various criteria including the target given …

By Our Reporter Confederation of Nepalese Industries (CN),in association with Frost & Sullivan, a global consulting firm based in the United States, organised “Nepal Business Excellence Awar-2017” amidst a function in Kathmandu last Tuesday. Sipradi Trading Private Limited, one of the largest trading companies in Nepal, has bagged the ‘Super …

By Our Reporter When the entire country has been in the election mood, construction of the much-talked-about Pokhara Regional International Airport has begun quietly. The locals of Pokhara came to know that the construction works have begun only when they saw heavy equipment including dozer, excavators, loader and tipper being …

By Our Reporter At a time when the CPN-UML and Maoist leaders have been criticizing the government for scrapping the decision to grant the Chinese company Gezhouba Group Corporation to build the Kaligandaki Hydro project, China Three Gorges Corporation (CTGC) and Nepal Electricity Authority (NEA) recently signed an agreement to …

By Our Reporter IME has started online electricity bills payment which can be availed by customers from all over the country. As, per the latest offering by NEA, customers can now pay electricity bills online as well as through their mobile phones. These services aims to help customers avoid long …

By Our Reporter Himalayan Bank Ltd. has provided a laptop and 20 desktop computers to Kuleshwor Awas Secondary School in Kathmandu-14, Kuleshwor on the occasion of 25th anniversary of the Bank under the corporate social responsibility initiations. The Bank has provided the computers with the aim of assisting the students …