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Commerce and Economy

MBL expands in five new locations


By Our Reporter With prime objective of reaching all over Nepal and delivering qualitative and promt financial service to all Nepalis, the Machhapuchhre Bank Limitd (MBL) has expanded its wings at various locations of country. MBL has opened three new branches and two branchless banking services from last week. The …

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China made aircraft grounded intentionally

By Our Reporter The present Nepal Airlines Corporation (NAC) management, which has been making big boasts for giving a new height to NAC by improving its services and expanding its flights, has grounded three Y-12 and one MA-60 aircraft for a long time, giving the reason of scarcity of pilots …

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President unveils ambitious policy and programmes


By Our Reporter President Bidya Devi Bhanadri unveiled the annual policy and programmes of the powerful communist government led by K P Sharma Oli on Monday. However, the document does not include any specific programme of the communists. Instead, it appears to be the continuity of the past programmes of …

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Japan provides disaster management equipments

By Our Reporter Japan has extended grant assistance of Rs. 683,200,000 to Nepal for the implementation of the Economic and Social Development Program. Japanese ambassador Masashi Ogawa and Dr. Rajan Khanal, Secretary, Ministry of Finance, signed and exchanged a set to notes to this effect at the Ministry of Finance, …

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Now open a bank account online from anywhere in the world


By Our Reporter Kathmandu, 22 May :he Mega Bank Nepal Limited has introduced an innovative service, whereby the prospective and eligible customers, both Nepalese Residents and Non-Residents can open new Bank account(s) from anywhere around the world. This service makes it easy for new customers to open their account without …

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Himalayan Bank Helps to OHCDAN

Himalayan Bank

By Our Reporter Himalayan Bank Ltd. has provided 5 units of double storied beds worth Rupees seventy five thousand to an orphanage, “Orphan and Helpless Children Development Association in Nepal (OHCDAN)” located at KMC-6, Budhanilkantha. On the occasion of the 25th Anniversary and under the CSR initiatives, the Bank has …

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Kumari Bank opens 10 new branches


By Our Reporter Kumari Bank has opened 10 new branches in remote area of Nepal in order to extend its modern banking service. The branches opened include Bhattedanda of Lalitpur, Dilasaini of Baitadi, Siddhalekh of Dhading, Ghiring of Tanahun, Aamachodingbo of Rasuwa, Harinash of Syangja, Bhangaha of Mahottari, Kaligandaki of …

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Kangsakar team in France junket

Interview with Sugat Ratna Kansakar, managing director, Nepal Airlines corporation Sundhara, on August 28, 2016. Photo: Balkrishna Thapa Chhetri/THT

By Our Reporter Nepal Airlines Corporation (NAC) general manager Sugatratna Kangsakar and his team are currently on a junket to France. It is said that they are visiting France to acquire first hand information on the manufacturing of the wide-body aircraft that NAC is buying from the Airbus company. The …

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International Conference on Public sector Financial Management held


By Our Reporter Minister for Finance Yubaraj Khatiwada has called for strengthening the public financial management system of the country for transparency, accountability and effectiveness in the use of public funds. Addressing the ‘International Conference on Public-sector Financial Management’ held in capital on Saturday, Finance Minister Khatiwada said that that …

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Mega Bank emerges as third largest bank

By Our Reporter After Tourism Development Bank merged with Mega Bank on 13 May, Mega Bank has emerged as the third largest bank in the country. At the merger function organised on Sunday, Dr Chiranjeevi Nepal extended best wishes for the success of Mega Bank. At the function, Bhoj Bahadur …

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