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Change in leadership might affect MCC projects
Published On: July 18, 2016 02:00 AM NPT By: Republica
KATHMANDU, July 18: Nepal's development assistance absorptive capacity is low, project management is weak and delays are common. If early indications are anything to go by, implementation of projects to be funded by Millennium Challenge Corporation (MCC) of US government won't be any different.
Private firms can start petroleum trading after two years
Published On: July 18, 2016 01:50 AM NPT By: Sujan Dhungana
KATHMANDU, July 18: Ending Nepal Oil Corporation's monopoly in petroleum trading, the government has issued permanent license to 11 private companies which allows them to do petroleum business in Nepal.
Nepse begins four-hour trading
Published On: July 18, 2016 01:00 AM NPT By: Republica
KATHMANDU, July 17: Nepal Stock Exchange (Nepse) extended trading hours to four hours a day from Sunday, up from regular three-hour trading till last week.
SBI Bank receives 'highest ratings' ever
Published On: July 18, 2016 12:45 AM NPT By: Republica
KATHMANDU, July17 : ICRA Nepal Ltd has assigned issuer rating of "[ICRANP-IR] AA" (pronounced ICRA NP Issuer Rating Double A) to Nepal SBI Bank Limited.
Brij Cement launches new consumer scheme
Published On: July 17, 2016 08:50 PM NPT By: Republica
KATHMANDU, July 17: Brij Cement has introduced a new consumer scheme, named ‘Aruko Saya Choti, Brij Super Premium Cement Ko Ekaichoti’, for its consumers.
SCBNL bags '2016 Euromoney Awards for Excellence'
Published On: July 17, 2016 08:47 PM NPT By: Republica
KATHMANDU, July17: Standard Chartered Bank Nepal Limited (SCBNL) has been named the winner of '2016 Euromoney Awards for Excellence' for Nepal.
'Trekking in Nepal' app launched
Published On: July 17, 2016 08:45 PM NPT By: Republica
KATHMANDU, July 17 : HoneyGuide has launched a mobile application named 'Trekking in Nepal'. The app features three popular trekking trails of the country -- Everest Base Camp, Annapurna Base Camp and, Ghorepani-Poon Hill.
Citizens Bank acquires Premier Finance
Published On: July 17, 2016 08:44 PM NPT By: Republica
KATHMANDU, July 17: Citizens Bank International Ltd has acquired Premier Finance Co Ltd.
Growmore becomes Prabhu Capital
Published On: July 17, 2016 08:39 PM NPT By: Republica
KATHMANDU, July 17: Growmore Merchant Banker Ltd as rechristened itself as Prabhu Capital Ltd.
NEPSE records trade of shares worth 6 billion
Published On: July 17, 2016 06:50 PM NPT By: Republica
KATHMANDU, July 16: Shares worth Rs. 6.5 billion was traded in the share market this week.
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