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Commerce and Economy

Nabil Bank clients to get special discount in Kantipur Dental Hospital

By Our Reporter Nabil Bank has signed a memorandum of understanding (MoU) with the Kantipur Dental College and Teaching Hospital and Research Center (Kantipur Dental Hospital) under which Bank’s debit and credit card holders will receive a special 20% discount on general hospital except x-ray; 10% discount on general dentistry; …

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Remittance inflow goes up

By Our Reporter Remittance flow has increased noticeably in the first three months of the current fiscal year although the number of Nepali migrant workers has dropped significantly over the years. The country received Rs. 247.17 billion in remittance during the first three months of the current fiscal year, according …

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Nabil Bank announces biggest health coverage scheme for its customers

By Our Reporter Nabil Bank in association with Metlife Insurance has brought an attractive insurance scheme for its depositors covering upto three hundred thousand rupees for those depositors diagnosed with fatal disease and a term life insurance of Rs 75 thousand in case of death of the account holder. The …

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Japanese assistance for a school in Sindhupalchowk

By Our Reporter Japan is extending financial assistance of US dollars 431,181 to the ChildFund Japan under the Grant Assistance for Japanese NGO Projects Scheme. The ChildFund Japan, an international NGO based in Japan, will work with a Nepali partner NGO, Tuki Sunkoshi Association (Tuki), to implement the “Rehabilitation of …

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Machhapuchre Bank to distribute 10 percent cash dividend

By Our Reporter The board meeting of the Machhapuchre Bank Ltd held recently has decided to provide 10 percent dividend to its shareholders from the net profit earned by the Bank in the last fiscal year. The Bank, after approval by the Nepal Rastra Bank, will distribute the dividend to …

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Nepal and Malaysia sign new labour pact

By Our Reporter Now onward, a Nepali migrant worker needs to pay only Rs. 5800 to reach Malaysia, thanks to the initiative taken by Minister for Labour, Employment and Social Security Minister Gokarna Bista. With the signing of the much-awaited Memorandum of Understanding (MoU) with the government of Malaysia for …

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Japanese support for the Sindhuli Road

By Our Reporter Japan has extended grant assistance of up to 1,085 million Nepalese rupees to Nepal for rehabilitation of the Sindhuli Road affected by the 2015 earthquake. Masamichi Saigo, Japanese ambassador and Dr. Rajan Khanal, secretary of the Ministry of Finance signed notes to this effect at the Ministry …

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NB Bank signs MoU with Khalti for facilitating digital payments

By Our Reporter Nepal Bangladesh Bank Ltd. (NBBL) has signed a MoU with Khalti to facilitate digital payments to its customers. Surendra Bhusan Shrestha, Deputy CEO of the Bank, and Amit Agrawal, Director of Khalti, signed the agreement. This alliance will enable NBBLcustomers to load their Khalti accounts via NBBL …

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MBL operates four more branchless banking service counters

By Our Reporter Machhapuchre Bank Ltd has launched four branchless banking service centers in Chitwan and Gorkha districts. In Chitwan, the Bank has brought into operation the branchless counter in Hattiwang in Ichhyakamana rural municipality. Likewise, in Gorkha, the Bank has started the service in Chhepatar, Palungtar and Gandaki rural …

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ICC World Cup Trophy displayed at Chandragiri Hills

By Our Reporter The International Cricket Council organized the trophy tour for 2019 Cricket World Cup to be held in England and Wales. ICC brought the trophy to Nepal as a part of their tour where they displayed the trophy at Chandragiri Hills on Sunday, 28 October. According to Bhawana …

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