Friday , September 21 2018
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Commerce and Economy

Norway and Germany built school and handedover

German Ambassador  Roland Schaefer and Norwegian Ambassador  Lasse Bjørn Johannessen  jointly inaugurated and handed over to the Government of Nepal  a new school building of Komin Shyame Wangphel Secondary School in Syafrubesi of Rasuwa. This school, completely damaged by the 2015 earthquake, has now been rebuilt with the financial support …

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Ncell brings daily 1 hour free video streaming bonus

By Our Reporter Ncell Private Limited has launched a fresh set of internet packages, named Sahi data packs, under its new data scheme ‘Fuel Your Fun’, which enables customers to enjoy all time data service at more affordable rates. The new Sahi packs comes with 10 time more data volume …

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ADB forecasts Nepal’s GDP at 4.9 per cent

By Our Reporter The Asian Development Bank (ADB) has forecasted 5.5 per cent of Gross Domestic Product (GDP) growth in Nepal for the coming fiscal year 2018/19. But the bank has predicted a growth of only 4.9 per cent in the current fiscal year. The ADB  higher forecast for next …

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Japanese support for National Economic Census

By Our Reporter Finance Minister Dr. Yuba Raj Khatiwada and Japanese ambassador Masashi Ogawa attended the Unveiling of Economic Census Monument and Launching of the First National Economic Census, organized by the Central Bureau of Statistics (CBS). Yhe Japan government and Japan International Cooperation Agency (JICA) have been extending a …

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Government committed to end syndicate in transportation

By Our Reporter The Department of Transport Management (DoTM) said that it was well prepared to break the syndicate and unfair competition in the public transportation system. The Department made this remark when a few committees of the transport entrepreneurs tried to block the Araniko Highway to protest the decision …

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IME Insurance introduces bee insurance scheme

By Our Reporter IME General Insurance Ltd. has introduced a new scheme of bee insurance. IME Insurance Ltd has signed an agreement with the Nepal Bee Farming Central Cooperatives Ltd for insurance of bees. Deputy general manager of the IME General Insurance Ltd, Sri Sharan Regmi and Cooperatives’ chairman Arjun …

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Economic health of the nation

By Pushpa Raj Pradhan Finance minister Yubraj Khatiwada has presented miserable picture of our economy. It is not a surprise that we all were aware about the down-trading economic indicators presented by the Nepal Rastra Bank. Our foreign trade was negative by many folds, remittance revenue was declining and more …

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Sunrise Bank launches Viber banking service

By Our Reporter Sunrise Bank Ltd, recognized as one among the prime commercial banks in Nepal, in the process of introducing new technology to its clients, has introduced Viber banking service. Through this service, the bank clients can get detailed information about the Bank’s services from clients’ mobile, laptop, tablet, …

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14 banking fraudsters arrested

By Our Reporter The police, in its largest ever sweep on the banking sector’s irregularities, arrested 14 former board members of Apex Development Bank, which had merged with the National Credit and Commerce Bank (NCCB), in three days beginning from Friday. The alleged banking fraudsters were arrested from the board …

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