Hyundai Open Golf Tournament on April 30
Hyundai Open Golf Tournament on April 30
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April 27: Laxmi Intercontinental, the authorised distributer of Hyundai vehicles is organizing Hyundai Open Golf Tournament. The tournament will be held on Gokarna Golf Club on April 30. The competition will take place in 18 hole stable ford and ¾ handicap format, according to the company. As per the company, the winner of the hole in one tournament will be rewarded with Hyundai…

Himalaya Airlines’ announces second flight to Colombo
Himalaya Airlines’ announces second flight to Colombo
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April 27: Himalaya Airlines has announced its second direct commercial flight to Colombo, Sri Lanka by its new Airbus 320-214. The Airlines had earlier offered the package to Colombo, Sri Lanka, from 12th April 2016 to 16th April 2016, on occasion of the New Year 2073. “The flight will allow a 4-night/5-day stay in Sri Lanka with departure on the 3rd May 2016 from the Tribhuvan International Airport, Kathmandu at 08.30 hours (local time). The return departure from Colombo is scheduled on 07 May 2016 at 16.00 hours (local time),” informs the company in a press…

MetLife Wins Model Insurer Asia Awards 2016
MetLife Wins Model Insurer Asia Awards 2016
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April 27: MetLife has been awarded with Celent’s Model Insurer Asia 2016 and Data Mastery and Analytics Awards amid a program held in Singapore on April 21, 2016. “MetLife is proud to have won both the Model Insurer 2016 Award and the Data Mastery & Analytics Award, and this achievement affirms MetLife’s dedication towards understanding our customers and their preferences,” says Ralph Brunner, Chief Marketing Officer for MetLife in Asia. “We are committed to investing in technologies and solutions that enable a seamless customer experience. Transforming data into real customer insights helps us to go further by shaping and optimizing our customer interactions; giving us the ability to deliver more personalized customer service and drive real value for our customers,” informs the company in a press…

Agricultural Dev Bank to Distribute 15% Bonus Share
Agricultural Dev Bank to Distribute 15% Bonus Share
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April 27: The 9th AGM of Agricultural Development Bank (ADB) has endorsed the proposal of distributing 15 percent bonus shares from the profit of FY 2071/72 to its shareholders. The meeting has also decided to provide six percent cash dividend and 50 percent right shares from the preference shares of the government. Nearly 200,000 ADB shareholders will be benefited from the…

Stock of 7 Companies Listed in NEPSE
Stock of 7 Companies Listed in NEPSE
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April 26: NEPSE has listed bonus shares and right shares of seven various companies today. Among the companies, bonus share and right shares of a commercial bank, five various development banks and a finance company has been listed today in the country’s sole stock…

Free Life Insurance for Earthquake Victims
Free Life Insurance for Earthquake Victims
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April 26: Nepal Life Insurance Company (NLIC) has decided to provide free endowment life insurance of Rs 100,000 to two of the earthquake survivors of April 25, 2015. “Sonis Awal, a child who was miraculously saved by a team of Nepal Army after 22 hours of earthquake and Rames Khatri, who had lost his both legs in earthquake, have received the honor,” informed the company in a press statement.…

Greenhill City Now in Imadol
Greenhill City Now in Imadol
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April 26: Greenhill City has started construction of housing area comprising earthquake resistance two and a half floor residential homes at Imadol, Lalitpur. In a press release, Greenhill has informed that the housing area is being developed in 45 ropanies area situated at 2.2 KM distance from Gwarko, Lalitpur and is adjacent with 4 lane…

Maruti Cement to Contribute in Post-quake Reconstruction
Maruti Cement to Contribute in Post-quake Reconstruction
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April 26: Maruti Cement has declared to contribute on reconstruction of damaged structure from the devastating earthquake of last year. Maruti Cement has come up with its slogan “Samriddha Nepal ko Punarnirman ma Gunastariya tatha Shaktisali Maruti Cement” to coincide with the beginning of reconstruction by the government. “Maruti cement wants all to choose quality cement in reconstruction so that the structure built is strong. In this regard, Maruti cement assures of serving as constructive and cooperative cement brand in reconstruction of any government or personal structure,” says Raju Shrestha, Brand Manager of the…

Joint Transaction of Pachimanchal Dev and Mega Bank
Joint Transaction of Pachimanchal Dev and Mega Bank
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April 26: Pachimanchal Development Bank, headquartered in Rupandehi, has officially merged with Mega Bank amid a program organised at Butwal on Monday. On the occasion, Dr. Chiranjibi Nepal, Governor of Nepal Rastra Bank, gave his best wishes to Mega Bank and expressed his confidence of progress and expansion after merger.…

Right Share of Sewa Development Bank
Right Share of Sewa Development Bank
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April 25: The 233rd BOD meeting of Sewa Bikas Bank has proposed to issue 1:1.2 right shares to its existing shareholders. The right shares issuance is subjected to approval from the bank’s upcoming special general meeting.…

Investment of Tourism Dev Bank Increases 6 times
Investment of Tourism Dev Bank Increases 6 times
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April 25: Investment amount of Tourism Development Bank has increased by 6 times to Rs 74.6 million in the third quarter of current fiscal year. Similarly, the net profit and operating profit of the bank has increased by 37 percent and 28.5 percent respectively. The bank has been able to recover Rs 14.7 million bad debt of previous fiscal…

Bring Bold Budget: CNI
Bring Bold Budget: CNI
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April 25: The private sector has demanded a ‘bold’ budget from the government for the upcoming fiscal year for economic revival. Confederation of Nepalese Industries (CNI) has suggested the government to bring such budget in order to revive the bed-ridden economy which had taken massive hits from last year’s devastating earthquake and the border…

Everest Bank holds Blood Donation Program
Everest Bank holds Blood Donation Program
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April 25: Everest Bank has organized blood donation program in the memory of devastating earthquake of April 25, 2015 on April 24. “During the program more than 100 of its staffs and customers donated the blood. As an immediate measure during the calamity, the bank had very proactively extended supports to the affected by providing uninterrupted services as well as through donation of funds and logistics,” informs the bank in a press…

LIC Dhangadi Supports Two Schools
LIC Dhangadi Supports Two Schools
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April 25: Life Insurance Corporation (Nepal) Limited Dhandagi has handed over stationery items to two government schools of Kailai and Kanchanpur. LIC Nepal informs that the company has provided white board that equals to Rs 10,000 to Shree Bhagwati Rastriya Primary School situated at Geta-10 Rajpur, Kailai and a cupboard to Shree Bina Higher Secondary School situated at Raikawar Bichwa-10,…

ASIAN Paints' Support for Earthquake Victims
ASIAN Paints' Support for Earthquake Victims
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April 25: ASIAN paints has distributed aids to the devastating earthquake victims of April 25, 2015 in different places and time during the one year long period. In the press statement released by the company on Sunday, the company informs of distributing foods and tents in Makawanpur and Lalitpur districts in the initial period and depositing Rs 1.1 million in Prime Minister Natural Disaster Relief Fund recently. “Employees of the company have also deposited monetary aid of Rs 711,111 to the same fund,” informs the company in a press…