Kathmandu / Jun 30: Nepal Rastra Bank (NRB) Governor Dr. Chiranjibi Nepal has stressed on the need of enhancing the efficiency and transparency of banks and financial institutions. Inaugurating the integrated transactions of the Kumari Bank Limited here on Friday, the central bank governor called on the banks to reach the local levels (village level) […]
Kathmandu / Jun 30: The Asian Development Bank has approved 150 million dollar loan to help improve Nepal’s electricity supply and distribution. Issuing a press release Friday, the ADB said it will also administer a 2 million dollar’s technical assistance grant from the Japan Fund for Poverty Reduction (JFPR) financed by the Government of Japan […]
Kathmandu / Jun. 24: The government completed the process of distributing licences for operating taxicab to the survivors of April 2015 Gorkha earthquake on Friday. The Department of Transportation Management (DoTM) allotted permits to 1,500 quake survivors through a lucky draw amid presence of government officials and representatives of several institutions. The DoTM conducted lotteries […]
Kathmandu / Jun 19:The Asian Infrastructure Investment Bank (AIIB) is to invest hugely in Nepal’s six projects. The AIIB, during the meeting with the Nepali delegation headed by Finance Minister Gyanendra Bahadur Karki to the meeting of the AIIB Board of Governors that was held in Jeju of South Korea on June 16-18, pledged to […]
Kathmandu / May 30: The tourism entrepreneurs have praised the budget, saying that it was unveiled with due priority for tourism infrastructure development. They stressed the effective implementation of the budget. They said that the budget was friendly for the tourism sector as it has given emphasis on airport construction, trekking route development and religious […]
Kathmandu / May 28:The Government has estimated the economic growth of the current fiscal year to increase by 6.94 per cent. According to the Economic Survey 2016/17 released by the Ministry of Finance here today, favourable climate leading to rise in agriculture productivity, increase in capital expenditure, energy management and improvement in atmosphere for investment […]
Kathmandu / May 24: The government is estimated to present the budget of over Rs 120 billion for the fiscal year 2017-18, which is more by 15.2 billion than the current fiscal year’s budget. The government is preparing to present a new budget on coming May 29, Monday by giving continuity to existing programs. As […]
Kathmandu / May 21: The government has granted approval to the Employees Provident Fund for the construction of 680-MW Karnali Hydropower Project on its funding. The Energy Ministry granted approval to the EBF today to take ahead the construction of the project. Energy Ministry Secretary Anup Kumar Upadhyay handed over a permission letter to Fund […]
Kathmandu / May 19: From May 10th to 13th, Hyundai Motor Company’s Head of Subsidiaries and Distributors from all over the world gathered in South Korea for 2017 Global Distributors Convention. South Korea was chosen as the venue for the event in recognition of 50 years of Hyundai’s Legacy. With the slogan ’50 Years and […]
Kathmandu / May 15: Two leading professional bodies of the private sector have criticized the decision of Nepal Drug Importers Association (NDIA) to stop import of different medicines as part of its protest against the government. Responding to a series of protest programs announced by the NDIA on Friday, Federation of Nepalese Chambers of Commerce […]
Newbaneshwor
Kathmandu, Nepal
4479401
Editor : Mr. Divesh J.B. Rana
Chairperson : Mr. Kishore Thapa