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Commerce and Economy

CG EON Blaze 6 and Pro Smart Phones

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

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

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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Aspiring home-goers fail to get bus/air tickets

By Our Reporter The transport entrepreneurs opened the booking of bus tickets for the aspiring home-goers in the forthcoming Dashain festival from Friday. But most of the people failed to get the tickets as the transport workers hid the tickets in the hope of selling them in the black markets. …

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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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