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Commerce and Economy

Upper Marsyangdi ‘A’ starts power production


Kathmandu, Sept. 27:Upper Marsyangdi ‘A’ hydroelectricity project Monday started generating electricity. Minister for Energy Janardan Sharma Pravakar announced the commencement of power generation by the project. With it 25 megawatt electricity has been connected to the national grid. The hydropower project with 50 MW capacity in Bhulbhule VDC of Lamjung …

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NRB starts circulating new banknotes

Nepal Rastra Bank (NRB) has started circulating new banknotes for the upcoming festive season to the public from Sunday. Though the central bank itself will distribute new banknotes to the public from October 2, it started distributing such notes to the bank and financial institutions (BFIs) from Sunday. The central …

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Global IME BLB Service in Kailali


Global IME Bank has started operation of additional two branchless banking (BLB) services in Kailali District. The bank in collaboration with UK aid’s Sakchyam Access to Finance has started branchless banking services at Olani-6, Godawari and Solta-7, Sugaarkhaal. Prasanna Banskota, Chief of Marketing Management and Business Promotion Department of the …

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Millennium Challenge Corporation Program in Nepal Moves Forward

Kathmandu – The U.S. Government’s Millennium Challenge Corporation (MCC) – an independent U.S. Government agency working to reduce global poverty through economic growth- announced the launch of feasibility studies of various power sector projects proposed by the Office of the Millennium Challenge Nepal (OMCN), a Government of Nepal office which …

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‘Let’s Celebrate Together’ LG schemes


CG Electronics, the authorized distributor of LG products for Nepal, has announced a festive scheme entitled ‘Let’s Celebrate Together.’ Issuing a statement, officials of CG Electronics said the scheme offers customers ‘sure-shot prizes’ and also come with a cash back offer with the purchase of LG televisions and home appliances. …

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Advance booking of bus tickets for Dashain from Friday

Transport entrepreneurs have finally agreed to start advance booking for long-route buses for Dashain, beginning from Friday (September 23). “Long-route commuters can book their tickets from ticket stations at bus parks and other ticket outlets across Kathmandu Valley,” said Dolnath Khanal, president of the Federation of Nepalese National Transport Entrepreneurs …

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Samsung festive cash back scheme

Samsung has launched instant cash back offer for its customers on the auspicious occasion of Dashain and Tihar festivals. Issuing a statement, Samsung said that customers will get up to 20 % cash back on purchase of Samsung TV and home appliances. “The offer is provided by authorized distributors of …

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Citizens Bank branchless banking service in Nuwakot


Citizens Bank International Ltd (CBIL) has started branchless banking service in Najaramandap, VDC of Nuwakot. Issuing a statement, the commercial bank said that the branchless banking service was started to provide financial services in the earthquake- affected areas through banking channel. The branchless banking outlet will provide services like deposit …

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Industrialist Kedia honoured


By Our Reporter National Consumers’ Forum has honoured industrialist Sumit Kedia for his outstanding contribution. The Chief Executive Officer (CEO) of Sitaram Gokul Milks was felicitated for his unflinching support and advocacy for the consumer rights and ‘ethical business’. Minister for Supplies Dipak Bohara honoured him amid a function organized …

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Anubhav Ra Anubhuti


(Jeevan Yatraka Aitihasik Mod) By Dayaram Bhakta Mathema Pub. Daya Foundation Kathmandu Price: Rs 600/- Last week saw a review of  Rewati Raman Khanal’s  autobiography with the same title in this paper. Mathema’s book  is yet another autographical account of  his life’s experience and conclusions also largely related to the …

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