Saturday , November 18 2017
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Commerce and Economy

IME highest tax payer for three consecutive year


IME Ltd has been awarded by Inland Revenue Department (IRD) for paying highest amount of tax amongst the remittance companies in the Fiscal Year 2014/2015. Issuing a press statement, the company said that Chandra Prasad Dhakal, executive chairman at IME, received the award handed over by Minister for Finance Krishna …

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CBIL branchless banking in Bardiya


Citizens Bank International Ltd (CBIL) has started branchless banking service in Jamuni VDC of Bardiya. Issuing a statement, the bank said that its head of the branch, Arbindha Regmi, inaugurated the branchless service. According to the bank, it has been providing branchless banking services in different parts of the country …

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CG Blaze mini out in the market

CG Mobiles, a subsidiary of the Chaudhary Group, has introduced Blaze mini, a smartphone in the Blaze series. The mobile phone features a 1.3 GHz Quad Core processor and inbuilt ROM of 8 GB that is extendable to 32 GB. The Blaze mini comes with a 4.0-inch display screen while …

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Nepal Japan Festival 2016 this Saturday

A one day ‘Nepal-Japan Festival 2016’ is being held in Nepal on the occasion of 60th Anniversary of Nepal and Japan diplomatic relation. The event is being held by Japanese Association Nepal under the coordination of Non-resident Nepali Association Japan and main sponsorship of Tango Bravo India (TBI) group. The …

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Nabil Bank highest taxpayer amongst BFIs


Nabil Bank has been honored by Inland Revenue Department (IRD) for paying highest amount of tax amongst bank and financial institutions (BFIs). Issuing a statement, the bank said Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara handed over the award to Anil Khanal, deputy CEO of Nabil Bank, …

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Ban on IC notes affects Nepal

Hand with Indian thousand rupee notes

The ban imposed on the use of high denomination notes of 500 and 1000 IC notes has also affected the Nepalese, mostly in Tarai and the Karnali zone, form where many Nepalese go to India to work. Many Nepalese working in India were also unable to exchange the notes. These …

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8th NEEK Electro-Tech from Nov 18


By Sushma Shrestha NEEK Electro-Tech 2016, an international electrical-electronic exhibition and symposium, is slated to open at Bhrikuti Mandap Exhibition Hall on November 18. The event is being organized by the Federation of Electrical Entrepreneurs of Nepal (FEEN), an organization of entrepreneurs involved in electrical and electronic goods and services. …

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Nepal Bank enters 80th year


By Our Reporter The Nepal Bank Limited (NBL), the country’s oldest bank, has entered 80th year of its establishment from today. The bank that carries a history of starting the institutional banking services in the country has paid-up capital of Rs 5.49 billion. The government owns 62.21 per cent in …

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NIC Asia Bank’s seven additional branches


By Our Reporter NIC Asia Bank, one of the leading commercial banks of the country has extended its service at seven different places of the country in a single day. The bank stared its service by extending branches at Battar, Attaria, Lekhnath, Baglung, Birauta, Kawasoti and Daldade last Tuesday. With …

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Fuel storage plants in every district

The Ministry of Supplies has started laying the groundwork to build petroleum storage plants in all 75 districts of the country. The ministry is currently in the process of forming a team comprising officials of the Supplies Ministry, Nepal Oil Corporation (NOC) and the Department of Supply Management. This team …

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