Banks Support Blood Donation Program
Banks Support Blood Donation Program
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May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development…

Biratlaxmi in 13th Year
Biratlaxmi in 13th Year
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May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062…

IMS Motors Partners with Korean SsangYong
IMS Motors Partners with Korean SsangYong
  0   1 minutes 44 seconds to read

May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS…

Aprilia Owner's Ride Concluded with Motorcycle Gymkhana
Aprilia Owner's Ride Concluded with Motorcycle Gymkhana
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May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX…

  AIM’S Informational Program Organised
AIM’S Informational Program Organised
  0   1 minutes 4 seconds to read

Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program…

Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries
Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries
  0   1 minutes 23 seconds to read

May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned…

Net Profit of Nepal Bank Increases 4 folds
Net Profit of Nepal Bank Increases 4 folds
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May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the…

Share Allocation of Mero Microfinance
Share Allocation of Mero Microfinance
  1   45 seconds to read

May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of…

UAE Ready to Invest in Nepal
UAE Ready to Invest in Nepal
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May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa.…

Carlsberg Announces Winners of “Live It LIVE!”
Carlsberg Announces Winners of “Live It LIVE!”
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May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in…

Janata Bank Starts Branchless Banking Services in Darchula
Janata Bank Starts Branchless Banking Services in Darchula
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May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three…

Ncell Aims to become Highest Tax Payer
Ncell Aims to become Highest Tax Payer
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May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as…

National Hydro to Pay TDS
National Hydro to Pay TDS
  0   1 minutes 25 seconds to read

May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to…

Ncell Announces Company’s Largest Capex Investment
Ncell Announces Company’s Largest Capex Investment
  0   1 minutes 55 seconds to read

May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on…

Agricultural Programs in Provincial Basis
Agricultural Programs in Provincial Basis
  0   2 minutes 29 seconds to read

May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation.…