NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.

Despite big losses, Banijya Bank issuing bonus to staff

Published On: August 12, 2016 12:07 AM NPT By: Rudra Pangeni

KATHMANDU, Aug 12: Rastriya Banijya Bank has decided to distribute Rs 870 million in bonuses to its employees despite its accumulated losses amounting to Rs 4.12 billion. The bank's board meeting last week took a decision to this effect by way of implementation of a Supreme Court order last December to pay out bonuses from profits earned in the last seven years.

'Uttar Dakchin Bhojan Mahotsav' at Soaltee from August 15

Published On: August 11, 2016 09:14 PM NPT By: Republica

KATHMANDU, Aug 11: Soaltee Crowne Plaza has announced to hold its annual food festival—Uttar Dakchin Bhojan Mahotsav -- at its Kakori restaurant from August 15.

Power supply resumes in Tatopani area

Published On: August 11, 2016 04:18 PM NPT By: Republica

KATHMANDU, Aug 11: The power supply in Tatopani region has resumed as it was obstructed by a sudden flood occurred in the Bhotekoshi River on June 5.

Hyundai opens new 3S center in Birtamod

Published On: August 11, 2016 04:01 PM NPT By: Republica

KATHMANDU, August 11: Laxmi InterContinental Pvt. Ltd, the authorized distributor of Hyundai vehicles for Nepal has inaugurated a new 3S facility at Birtamod.

JHAPA, Aug 11: Nepal is losing an opportunity to turn bilateral trade with Bangladesh in its favor with each passing year.

Transport entrepreneurs' representatives call on PM

Published On: August 10, 2016 01:41 PM NPT By: Republica

KATHMANDU, Aug 10: Representatives of the Federation of Nepalese National Transport Entrepreneurs Associations on Wednesday called on Prime Minister Pushpa Kamal Dahal at the latter's official residence in Baluwatar.

738 accident deaths in Nepal’s 70-year aviation history

Published On: August 10, 2016 07:15 AM NPT By: Sujan Dhungana

KATHMANDU, Aug 9: Nepali skies have claimed the lives of more than 738 people in 55 air accidents over the past seven decades, according to records maintained by the Aviation Safety Network (ASN), a US-based international organisation.

Interest rates corridor comes into implementation

Published On: August 10, 2016 01:10 AM NPT By: Sagar Ghimire

KATHMANDU, Aug 10: Nepal Rastra Bank (NRB) is introducing interest rates corridor system from Wednesday as part of its effort to control the interest rates volatility that has been grappling the banking and financial system.

Nepal improves ICT ranking

Published On: August 10, 2016 12:50 AM NPT By: Republica

KATHMANDU, Aug 10: Nepal has improved its ICT ranking to 118 out of 139 countries with a score of 3.2, according to the Global Information Technology Report 2016 launched recently by the World Economic Forum.

Flood, landslide affect Upper Tamakoshi works

Published On: August 10, 2016 12:30 AM NPT By: Ramesh Khatiwada

DOLAKHA, Aug 10: Monsoon rains have affected different works of Upper Tamakoshi Hydropower Project which was already battered by last year's earthquake and Indian blockade.