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.

Rs 9.80b wiped off from market after Maoists quit govt

Published On: July 13, 2016 05:00 AM NPT By: Republica

KATHMANDU, July 13: Ruling coalition partner CPN Maoist Center's decision to withdraw support from the government caused the share market to lose Rs 9.8 billion in a single day.

Foreign investors repatriate Rs 6.12b in dividend payment

Published On: July 13, 2016 04:00 AM NPT By: Republica

KATHMANDU, July 13: Foreign investors repatriated Rs 6.12 billion to their home country in the first 10 months of Fiscal Year 2015/16.

One flight a day rule enforced for paragliding pilots

Published On: July 13, 2016 02:40 AM NPT By: Santosh Pokharel

POKHARA, July 13: Blue Sky Paragliding Ltd, one of the oldest paragliding operators in Pokhara, has four pilots. But the company is not allowed to operate more than four flights a day because of a new provision enforced by Nepal Air Sports Association (NAA).

Capital threshold for industries to be raised

Published On: July 13, 2016 02:10 AM NPT By: Republica

KATHMANDU, July 13: The government is preparing to increase fixed capital threshold for industries.

IDBL's Special AGM approves share swap ratio

Published On: July 12, 2016 08:23 PM NPT By: Republica

KATHMANDU, July 12: The Special Annual General Meeting of International Development Bank Ltd (IDBL) held on Tuesday approved the share swap ration proposed by the development bank's board of directors.

Arghakhanchi Cement trains APF personnel

Published On: July 12, 2016 08:19 PM NPT By: Republica

KATHMANDU, July 12: Arghakhanchi OPC Cement has provided training to personnel of Armed Police Force (APF) who are involved in construction of earthquake resistance buildings.

Bank of Kathmandu helps Dhurmus Suntali Foundation

Published On: July 12, 2016 08:12 PM NPT By: Republica

KATHMANDU, July 12: Bank of Kathmandu (BoK) Ltd has provided Rs 500,000 to Dhurmus Suntali Foundation. Ajay Shrestha, CEO of BoK, presented a check for Rs 500,000 to Sitaram Kattel of 'Dhurmus Suntali Foundation' amidst a program held at the bank. According to a statement issued by the bank, the foundation is headed by popular comedian couple Sitaram Kattel and Kunjana Ghimire, who are engaged in different social initiatives after the earthquakes of 2015.

Sagarmatha Insurance to give 23.75% bonus shares

Published On: July 12, 2016 08:10 PM NPT By: Republica

KATHMANDU, July 12: Sagarmatha Insurance Company Ltd has decided to distribute 23.75 percent bonus shares and 1.25 percent cash dividend (for tax purpose) to its shareholders.

Nepal Tourism Promotion Program held in Lao PDR

Published On: July 12, 2016 05:48 PM NPT By: Republica

KATHMANDU, July 12: The Embassy of Nepal, Bangkok organized a tourism promotion program in Savannakhet, Lao People's Democratic Republic, on 9 July 2016 with the slogan of 'Nepal is beautiful: visit, and enjoy in Nepal'.

Why NRB's inflation projections always fall flat

Published On: July 12, 2016 02:30 AM NPT By: Sagar Ghimire

KATHMANDU, July 12: One of the primary objectives of Nepal Rastra Bank (NRB), the central bank of the country, is to maintain price stability.