KATHMANDU, Jan 11: The parliament has endorsed the bill to amend and unify bank and financial institution act (BAFIA), imposing two term limit for the chief executive officer, chairman and managing director of a bank or financial institution. The bill endorsed by a full house of parliament on Tuesday will come into effect once it receives the presidential seal. Among other things, the newly-endorsed act has set a term of upto four years for the board directors and CEOs.
BARDIBAS, Jan 10: Jayanagar Railway track is being constructed. It will be completed within a year. But, Nepal does not have a rail of its own. So, whose rail will run on the track following the construction?
KATHMANDU, Jan 10: Sagoon (www.sagoon.com), a US based social commerce startup, announced the filing of a Regulation A+ (MINI-IPO) with the US Securities and Exchange Commission (SEC) to offer an investment opportunity mostly to a large pool of potential public investors who have already become a part Sagoon’s users, fans and supporters.