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Commerce and Economy

ADB’s loan for education sector

The Asian Development Bank (ADB) has approved a US $120 million loan and a $500,000 grant to help improve access and quality of secondary education in Nepal. A press release issued by ADB Nepal Office said that the loan is part of a multi-donor program to provide $6.5 billion to …

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Ace Development Bank’s 21st AGM

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The 21st Annual General Meeting (AGM) of Ace Development Bank Limited chaired by Mr. Rajib Raj Bhandari, director of Ace Development Bank Ltd, was successfully convened on Friday, at Amrit Bhog, Kalikasthan, Kathmandu. The AGM approved bonus share of 20.25%. At the end of Ashad 2073, the total depos its …

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Ang Norbu Sherpa receives “Knight of the Legion of Honour”

On October 26th (Kartik 10, 2073) trekking entrepreneur Mr Ang Norbu Sherpa was conferred with highest French civil distinction “Knight of the Legion of Honour” in recognition of his outstanding contribution in saving lives of the French tourists during the Great Earthquakes of April and May 2015. The Legion d’Honneur, …

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Ncell’s ‘Roaming Combo Pack’

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Ncell, the leading mobile service provider of the country, has launched an attractive scheme ‘Roaming Combo Pack’ for customers travelling outside the country. The offer enables Ncell customers to enjoy voice, data and SMS service under a single pack at only Rs 1,500 including taxes. Issuing a press statement, the …

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IME festive offer ends

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International Money Express (IME) Ltd’s festive offer ‘IME Haat Hudaina Khali’ concluded on Monday. According to a press release issued by the company, the offer concluded with the handover of keys to the four weekly winners who have won a UM Powermax Scooter each. The winners were selected through weekly …

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CG EON Blaze 6 and Pro Smart Phones

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By Our Reporter CG mobile has unveiled two new ranges of smart phones in EON Blaze series. The company introduced EON Blaze 6 and EON Blaze Pro smart phones in the market. With 13MP camera and 5MP front camera, EON Blaze 6 works on android. “The EON 6 has 1.3 …

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NT got license to operate 4G

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Nepal Telecom (NT) has received a license from Nepal Telecommunication Authority (NTA) to operate fourth generation (4G) mobile service. NTA Chairman Digambar Jha said that the state-owned telecommunication received approval for 4G based on the work plan presented by it. NT had presented the work plan before the NTA before …

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NIBL to donate Rs 10 million to reconstruction damaged temples

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The Nepal Investment Bank Limited (NIBL) has said that they would provide Rs 10 million to the State for the reconstruction of the quake-damaged temples in Hanuman Dhoka premises in Kathmandu. During a programme organized by the UNESCO, Chief Executive Officer at NIBL, PrithiviBahadurPandey, made this announcement. The Gopinath and …

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