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Govt, private sector take initiatives for daily Dhaka-Pokhara flights
Published On: June 13, 2024 11:05 AM NPT By: Santosh Pokharel
A senior CAAN officer stated, “We aim to launch flights between Dhaka and Pokhara within two months, starting with at least one flight per week.” Both Air Astra and Bangladesh Airlines have shown interest, with a study underway to assess the potential business on the Pokhara-Dhaka route.
Huawei P9 making Nepal debut next week
Published On: July 15, 2016 01:00 AM NPT By: Republica
KATHMANDU, July 15: Huawei Consumer Business Group is launching the much anticipated Huawei P9 in the Nepali market next week.
NRB announcing new monetary policy today
Published On: July 14, 2016 01:29 PM NPT By: Republica
Kathmandu, July 14: Nepal Rastra Bank (NRB) is scheduled to make public the monetary policy for the coming fiscal year this afternoon.
Monetary Policy: NRB tightens flow of funds to stock market
Published On: July 14, 2016 01:00 PM NPT By: Sagar Ghimire
KATHMANDU, July 14 In a bid to tighten the flow of finance from the banking sector to the stock market, Nepal Rastra Bank (NRB) has revised the policy to float loans of banks and financial institutions (BFIs) against the shares pledge. Issuing the monetary policy for the fiscal year 2016/17 today, NRB Governor Chiranjibi Nepal announced the revision on the valuation of the shares which banks accept as collateral to float their loans.
Govt undecided on how to handle Sikta collapse issue
Published On: July 14, 2016 02:30 AM NPT By: Rudra Pangeni
KATHMANDU, July 14: Though it has already been two weeks since a canal of Sikta Irrigation Project crumbled, the government neither knows the reason behind the collapse, nor is clear about its future move on the issue.
NRB may backtrack from measures to rein in soaring stock market
Published On: July 14, 2016 02:20 AM NPT By: Republica
KATHMANDU, July 14: Nepal Rastra Bank (NRB) is likely to backtrack from its preparation to restrict flow of fund to the share market from the bank and financial institutions (BFIs) following sudden fall in price of securities in the last two days.
New IBN CEO's academic qualification questioned
Published On: July 14, 2016 01:00 AM NPT By: Republica
KATHMANDU, July 14: Former CEO of Investment Board Nepal Radhesh Pant has filed a writ petitioni at the Supreme Court, questioning the academic qualification of incumbent CEO Maha Prasad Adhikari.
Govt laxity blamed for growing market ills
Published On: July 14, 2016 12:40 AM NPT By: Sujan Dhungana
KATHMANDU, July 14: There is a state of lawlessness in the market as state agencies are becoming increasingly unable to take action against wrongdoers. Market regulators have been reduced to mere spectators as traders and market cartels continue to take advantage of weak laws and government laxity.
Nabil Bank marks 32nd anniversary
Published On: July 13, 2016 08:57 PM NPT By: Republica
KATHMANDU, July 13: Nabil Bank Ltd has celebrated its 32nd anniversary at Conflict Victim & Disabled Society-Nepal (CVDS-Nepal) with the children and senior citizens with physical and mental disabilities.
Jagdamba Motors launches five new two-wheeler models
Published On: July 13, 2016 08:55 PM NPT By: Republica
KATHMANDU, July 13: Jagdamba Motors, the authorized distributor of TVS two wheelers for Nepal, has unveiled five new products -- TVS Wego, TVS XL 100, TVS Dazz, TVS Victor and TVS King -- in the market.
GIBL declared 'Best Internet Bank'
Published On: July 13, 2016 08:49 PM NPT By: Republica
KATHMANDU, July 13: Global IME Bank Ltd (GIBL) has bagged 'Best Internet Bank 2016' from 'Global Finance' magazine of London.
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