Tuesday , August 14 2018
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Commerce and Economy

Kumari Bank distributes educational materials

Kumari Bank Logo

By Our Reporter Kumari Bank Ltd has distributed education materials to those financially weak students studying from grade one to grade eight in Kamal Basic Middle Community School in Kamalpokhari, Kathmandu with the aim of supporting for basic and quality education. Rajib Giri, deputy chief executive officer of the Bank …

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Machhapuchre Bank opens four new branches

Machhapuchre Bank Logo

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

Garima Bikas Bank Logo

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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How is the budget?


By Pushpa Raj Pradhan Something special was expected by the people from the budget presented by the strong government enjoying a two-thirds majority. They expected the promises made by the political leaders would be fulfilled and the general people would receive succor. The leaders in the government had been saying …

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Businessmen increase prices after the budget

By Our Reporter Businessmen of Nepal have again exhibited their profit-oriented nature by hiking the prices of essential commodities by citing the budget. Although the budget comes into effect only from July 17, the scrupulous businessmen, shopkeepers and middlemen have increased the prices of food and other items one and …

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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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