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Commerce and Economy

Himalaya Airlines daily flights to Dubai from April 28

Himalaya Airlines on Thursday announced the launch of daily flights to Dubai, beginning from April 28. This will be Himalaya Airline’s fourth international destination after Doha, Kuala Lumpur and Yangon. According to the carrier, the flight will depart from Kathmandu at 10:40 local time, arriving in Dubai at 13:25 hrs. …

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NIBL to acquire Ace Development Bank

The Special General Meeting of Nepal Investment Bank Ltd (NIBL) on Friday approved a proposal of its board of directors (BOD) to acquire Ace Development Bank Ltd. Issuing a statement, NIBL said the two entities will provide consolidated service in the name of Nepal Investment Bank Ltd after the acquisition …

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Siddhartha Bank appoints Laxmi Capital as its issue manager

Siddhartha Bank Ltd has appointed Laxmi Capital Merchant Ltd as its issue manager for its 10:3 rights issue. According to a statement issued, Rajiv Sapkota, CEO of Laxmi Capital Merchant Ltd and Bhola Nath Dhungana, secretary of Siddhartha Bank Ltd signed the Memorandum of Understanding (MoU) on behalf of their …

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Mega Bank’s campaign to develop saving habit from young age

Mega Bank Nepal Ltd has started a campaign named ‘Nanima Lageko Bani: Aaja Bachau, Jindagi Bhari Ramau’ aimed at teaching the habit of saving from the young age. Issuing a statement, the bank said that Nepali cricket team Captain Paras Khadka and actress Priyanka Karki on Saturday requested the students …

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FNCCI’s first female president, Golchha senior VP

By Our Reporter Bhawani Rana has made a record by becoming the first female president of the FNCCI president from the 51th general assembly of the umbrella organization of the business sector in the country. Rana, who served as the senior vice-president in the previous executive committee of the FNCCI, …

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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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