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Commerce and Economy

Parliament endorses health education bill; Dr KC ends fast unto death

By Our Reporter Both houses of the federal parliament endorsed the National Medical Education Bill amidst opposition from the Nepali Congress and Dr Govinda KC. The ruling Nepal Communist Party, as stated by the Nepali Congress, showed its totalitarian attitude while passing the bill, as it was passed when the …

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Deurali-Janata pharmaceuticals leaping

By Our Reporter Deputy Prime Minister and Defence Minister Ishwor Pokhrel today said the government could not carry out expected performance for want of necessary laws and structural management. Keeping in view such difficulties created by lack of laws, he said, the government was at work to formulate laws soon. …

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Mega Bank signs Bankasurence agreement with Sun Nepal Insurance

By Our Reporter Mega Bank Ltd and Sun Nepal Life Insurance Company Ltd have endorsed Bankasurence agreement. Along with endorsement of the agreement, Bank’s clients will receive the facility of life insurance service from all 102 branches of the Bank all over the country. Also, clients can receive premium payment …

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MBL opens three branches

By Our Reporter Machhapuchre Bank Ltd (MBL), along with formal inauguration of the Kuleshwar Branch, has opened two new branches – one in Vimad in Tanahun, another in Kanchanpur. The Kuleshwor Branch was inaugurated by Bank’s chairman and former MP Birendra Prasad Mahato. There are 19 branches of the Bank …

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Kumari Bank signs agreement on remittance service

By Our Reporter Kumari Bank Ltd. and Small World Financial Services Group Limited have signed an agreement to extend remittance service throughout the Nepal. The agreement for remittance payment was signed by Surender Bhandari, Chief Executive Officer, of Kumari Bank Ltd. and Nicholas John Stewart Day, Chief Executive Officer of …

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NIBL to provide 40 percent dividend

By Our Reporter Nepal Investment Bank Ltd (NIBL) held its 32nd annual general meeting (AGM) on 13 January. The AGM approved the proposal of distributing 40 percennt % dividend – 18 % stock dividend and 22 % cash dividend – on its total paid-up capital to its shareholders. In the …

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MBL opens branch office in Koteshwar

By Our Reporter Machhapuchre Bank Ltd has opened its new branch office in Koteshwar. Bank’s board director Ramman Shrestha inaugurated the new branch office of the Bank. The Branch will provide all kind of banking service to its clients including 24-hour ATM service. This is the 18th branch office of …

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Nepal Remittance Association elects new office bearers

By Our Reporter Suman Pokhrel of the IME Limited has been elected as the new chairman of the Nepal Remittance Association. The 13th national convention of the Association has elected Pokhrel as the chairman. Diwakar Thapa of the Hulash Remit and immediate past chairman has also elected as the office …

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By Our Reporter

Machhapuchre Bank Ltd (MBL) and Midiciti Hospital have signed an agreement on providing attractive discount to the MBL clients. As per the agreement, MBL clients will get discount upto 7 percent on health services to the MBL clients. Such discount will be given to the MBL clients while paying the …

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