NEWS

MoE Fires 3 BOD Members of NEA for Obstructing Power-Cut End Campaign

December 20: Ministry of Energy (MoE), after a ministerial level decision on December 15, has fired three previous members of board of directors (BOD) of Nepal Electricity Authority (NEA). The MoE has appointed three new members in their position on December 19. The fired members of…

Yonghang Elected Chairman of Kathmandu Hotel Entrepreneur Association

December 20: Padam Yonghang has been elected Chairman of Kathmandu Hotel Entrepreneur Association. A conference of the association held in the capital on December 17 selected a new work committee of 15 members under the leadership of…

IME Best Agents in Thailand Trip
IME Best Agents in Thailand Trip
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December 20: Nepali Remittance Company IME Ltd has sent its best business partners on a trip to Thailand. The company sent the 10 best business partners selected on the basis of transaction from January-July 2016 to the trip.…

NIC and NIB Co-ordinating on Financial Literacy Program
NIC and NIB Co-ordinating on Financial Literacy Program
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December 20: NIC Asia Bank and National banking Institute (NIB) has come together to jointly organise financial literacy program. The joint program, being conducted by the bank under its social corporate responsibility, will literate rural and sub-urban population on banking…

Janata Bank Starts Branch at Lahan
Janata Bank Starts Branch at Lahan
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December 20: Janata Bank has started a new branch at Lahan of Siraha. Bhimananda Dhungana and En Ram Chandra Shah Director duo of the bank inaugurated the branch amid a program on December 19. With the addition, the bank is providing its services through 39 branches, 30 ATM counter and 15 branchless banking units. In the program, the bank informed of setting up additional branches in Bardibas of Mahottari and Hetauda of Makwanpur in coming days.…

ZTE’s 'Warm Winter Offer'
ZTE’s 'Warm Winter Offer'
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December 20: Chinese handset brand ZTE has announced 'Warm Winter Offer' in the Nepali market. Issuing a press statement, Evolution Enterprises, the authorised distributor of ZTE phones in Nepal, informed that the customers will get various sure shot prizes via scratch cards on the purchase of handsets. The offer includes prizes such as Baltra heater, Baltra thermos, Baltra electric kettle, 10,000 mAh power bank, 2,600 mAh power bank, selfie stick and cash…

Pokhara Finance Joins NCHL-IPS
Pokhara Finance Joins NCHL-IPS
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December 20: Pokhara Finance has entered Interbank Electronic Payment System (NCHL-IPS) of Nepal Clearing House Limited (NCHL). The Clearing House made an agreement with Pokhara Finance regarding NCHL-IPS on December 19. According to the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the Finance.…

WB to Provide Additional Rs 5.94 Billion Loan Assistance for RSDP
WB to Provide Additional Rs 5.94 Billion Loan Assistance for RSDP
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December 19: The World Bank is providing additional loan assistance of US Dollar 55 million (approximately Rs 5.94 billion) to the government of Nepal for the implementation of Road Sector Development Project (RSDP) under implementation since 2008.…

13th Footware Expo from December 20
13th Footware Expo from December 20
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December 19: The 13th National Industrial Expo of footwear and leather products '13th Footwear Expo 2016' is starting from December 20 at Bhrikutimandap, Kathmandu. The expo is organised by Footwear Manufacturers' Association of…

Nimbus Launches Byanjan Brand Edible Oil
Nimbus Launches Byanjan Brand Edible Oil
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December 19: Nimbus has launched Byanjan brand edible oil in the market. The agri-business company amid an event held in the capital on December 18 introduced the new product in sunflower and mustard oil variants. The company issuing a press statement said that the new brands is…

NRB Issues Two-weekly Deposit of Rs 3 Billion
NRB Issues Two-weekly Deposit of Rs 3 Billion
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December 19: Nepal Rastra Bank (NRB) has issued two-weekly deposit of Rs 3 billion. According to NRB, it auctioned the two-weekly deposit worth of Rs 3 billion in a bid to balance demand and supply of investable money…

No Prior Approval required on the use of Gorkha Eco Panel
No Prior Approval required on the use of Gorkha Eco Panel
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December 19: The government has built up a mechanism under which the use of Gorkha Eco Panel will not require any prior approval. Ministry of Urban Development, Department of Urban Development and Building Construction (DUDBC) decided that the use of Gorkha Eco Panel as partition wall while building any physical infrastructure do not require any prior approval from the…

Laxmi Hyundai's Support to Kaski Police
Laxmi Hyundai's Support to Kaski Police
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December 19: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has provided 25 cameras to District Police Office, Kaski. Issuing a press statement, the company informed of providing the cameras to Kaski police on the occasion of its…

Khan Wins Manhunt International 2016
Khan Wins Manhunt International 2016
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December 19: Samim Khan has won Prostyle Manhunt International Nepal-2016. Khan won the title beating nearly 100 participants in a program organised in the capital on December…

Prabhu Bank Branch at Chame
Prabhu Bank Branch at Chame
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December 19: Prabhu Bank has started a branch at Chame, headquarter of Manang. The bank set up the branch under the support of UKaid Sakchyam Access to Finance Programme, informs the bank in a press…