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Electricity meter will now be made available to tenants: Energy Minister Bhusal
Published On: December 24, 2021 05:39 PM NPT By: Republica
KATHMANDU, Dec 24: Minister for Energy, Water Resources and Irrigation, Pampha Bhusal has said that effective policy will be formulated to reduce the import of petroleum products and increase the use of electricity.
Construction industry in crisis due to liquidity crunch in banks: Singh
Published On: December 24, 2021 05:25 PM NPT By: Republica
KATHMANDU, Dec 24: Ravi Singh, president of the Federation of Contractors’ Associations of Nepal (FCAN), has said that the construction industry is in a crisis due to the lack of liquidity in the financial system. According to him, the construction industry has not been able to grow as fast as it should due to the lack of liquidity in the banking system.
19 Nepal Students conclude Huawei’s global flagship Seeds for the Future program
Published On: December 24, 2021 10:10 AM NPT By: Republica
KATHMANDU, Dec 24: Huawei concluded this year’s Seeds for the Future, its global flagship CSR program for undergraduate level students in Nepal at an event in Kathmandu on Monday. 19 students from eight universities and 13 educational institutions coming from nine different ICT backgrounds participated in the program which was held for the first time in Nepal.
Sunrise Bank introduces Co-branded Visa Debit Card
Published On: December 24, 2021 09:56 AM NPT By: Republica
KATHMANDU, Dec 24: Sunrise Bank has introduced Co-branded Visa Debit Card to the members of co-operatives, with the aim to add a new dimension on digital payment area, supporting Nepal Government and Nepal Rastra Bank’s aim to spread Digital Banking to the general public.
Krishna Yadav elected as NC Province 2 president
Published On: December 24, 2021 09:49 AM NPT By: Republica
KATHMANDU, Dec 24: Krishna Yadav has been elected as President of Nepali Congress Province 2. According to the counting of votes for the post of president held this morning, he got 996 votes and was elected as the provincial president. His rival Ram Saroj Yadav polled 855 votes, according to the Election Committee. Thirty votes were invalidated.
Revenue collection at Birgunj Customs surpassed target by Rs 6 billion during mid-July and mid-December
Published On: December 24, 2021 06:30 AM NPT By: Republica
KATHMANDU, Dec 24: Birgunj Customs Office (BCO) collected customs revenue worth Rs 88.69 billion in the first five months of the current fiscal year, which was 52.50 percent more than the amount collected during the same period of the last fiscal year.
Nepse ekes out modest gain to end week in upbeat note
Published On: December 23, 2021 07:11 PM NPT By: Republica
KATHMANDU, Dec 23: Stocks traded briefly in negative territory amidst active profit booking in the morning. Nonetheless, the bourse held ground after mid-day and traded around the opening level in the afternoon. Further advance in the latter trading hours saw the Nepse index close with a gain of 12.53 points at 2,520.23.
Nepalis spent Rs 313 billion more on imported goods in first five months of this FY
Published On: December 23, 2021 06:45 PM NPT By: Republica
KATHMANDU, Dec 23: Nepal’s trade balance in the first five months plunged to a negative Rs 735.48 billion, despite the country achieving a notable gain in its export earnings.
Agile Education organizes “Agile Education Meetup”
Published On: December 23, 2021 06:17 PM NPT By: Republica
KATHMANDU, Dec 23: Agile Education, in collaboration with Leaps and Bonds, an initiation of LeapNetwork, a community run by Leapfrog Technology Inc, organized its first ever “Agile Education Meetup” on December 18, 2021.
NRB asks online payment service operators to submit report of their monthly transactions within a week
Published On: December 23, 2021 04:33 PM NPT By: Republica
KATHMANDU, Dec 23: Nepal Rastra Bank (NRB) has cut short the report submission timeline for the operators of online payment service in a bid to increase vigilance of transaction settlements amid ongoing liquidity crunch in the country’s banking system.
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