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Commerce and Economy

President unveils ambitious policy and programmes

By Our Reporter President Bidya Devi Bhanadri unveiled the annual policy and programmes of the powerful communist government led by K P Sharma Oli on Monday. However, the document does not include any specific programme of the communists. Instead, it appears to be the continuity of the past programmes of …

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Japan provides disaster management equipments

By Our Reporter Japan has extended grant assistance of Rs. 683,200,000 to Nepal for the implementation of the Economic and Social Development Program. Japanese ambassador Masashi Ogawa and Dr. Rajan Khanal, Secretary, Ministry of Finance, signed and exchanged a set to notes to this effect at the Ministry of Finance, …

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Now open a bank account online from anywhere in the world

By Our Reporter Kathmandu, 22 May :he Mega Bank Nepal Limited has introduced an innovative service, whereby the prospective and eligible customers, both Nepalese Residents and Non-Residents can open new Bank account(s) from anywhere around the world. This service makes it easy for new customers to open their account without …

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Himalayan Bank Helps to OHCDAN

By Our Reporter Himalayan Bank Ltd. has provided 5 units of double storied beds worth Rupees seventy five thousand to an orphanage, “Orphan and Helpless Children Development Association in Nepal (OHCDAN)” located at KMC-6, Budhanilkantha. On the occasion of the 25th Anniversary and under the CSR initiatives, the Bank has …

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Kumari Bank opens 10 new branches

By Our Reporter Kumari Bank has opened 10 new branches in remote area of Nepal in order to extend its modern banking service. The branches opened include Bhattedanda of Lalitpur, Dilasaini of Baitadi, Siddhalekh of Dhading, Ghiring of Tanahun, Aamachodingbo of Rasuwa, Harinash of Syangja, Bhangaha of Mahottari, Kaligandaki of …

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Kangsakar team in France junket

By Our Reporter Nepal Airlines Corporation (NAC) general manager Sugatratna Kangsakar and his team are currently on a junket to France. It is said that they are visiting France to acquire first hand information on the manufacturing of the wide-body aircraft that NAC is buying from the Airbus company. The …

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International Conference on Public sector Financial Management held

By Our Reporter Minister for Finance Yubaraj Khatiwada has called for strengthening the public financial management system of the country for transparency, accountability and effectiveness in the use of public funds. Addressing the ‘International Conference on Public-sector Financial Management’ held in capital on Saturday, Finance Minister Khatiwada said that that …

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Mega Bank emerges as third largest bank

By Our Reporter After Tourism Development Bank merged with Mega Bank on 13 May, Mega Bank has emerged as the third largest bank in the country. At the merger function organised on Sunday, Dr Chiranjeevi Nepal extended best wishes for the success of Mega Bank. At the function, Bhoj Bahadur …

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MBL reaches far off places

In a bid to render banking service to peoples of far off places, the Machhapuchhre Bank Limited (MBL) has commenced its operation in ten different locations across the nation, on a single day. The MBL has started rendering service through its newly operated branches at Halesi of Khotang, Ganeshman Charnath …

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MBL’s branch-less banking service in Ghandruk

By Our Reporter Machhapuchre Bank Ltd (MBL) has launched branchless banking service in Ghandruk, Ward No 10, Annapurna Rural Municipality in Kaski District. Until now, including the new branchless banking service, there are 19 such banking service centers in operation by the Bank in remote villages. Clients can open account, …

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