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FinMin directs Beema Samiti to start preparations for settling COVID-19 insurance claims
Published On: September 30, 2021 01:41 PM NPT By: Republica
KATHMANDU, Sept 30: Finance Minister Janardan Sharma has started discussions on settling the COVID-19 insurance claims yet to be paid by various insurance companies.
Last day to apply for IPO of Buddhabhumi Nepal Hydropower
Published On: September 30, 2021 01:26 PM NPT By: Republica
KATHMANDU, Sept 30: Today is the last day to apply for the IPO of Buddhabhumi Nepal Hydropower. The company has issued 800,000 IPOs with a face value of Rs 100 per share. Similarly, the company has issued ordinary shares worth Rs 80 million.
Ncell wins two Global Business Outlook Awards and gets shortlisted for the prestigious the World Communications Awards 2021
Published On: September 30, 2021 11:42 AM NPT By: Republica
KATHMANDU, Sept 30: Ncell Axiata Limited has won awards at the Global Business Outlook (GBO) Awards 2021. Ncell has been recognized as the ‘Most Socially Responsible Telecom Company’ in the telecommunications category, and its CEO Andy Chong has been named the ‘Telecom CEO of the Year’ under the leadership category of the GBO Awards.
Investigation committee formed to study aviation sector of Nepal
Published On: September 30, 2021 11:08 AM NPT By: Republica
KATHMANDU, Sept 30: The government has formed an investigation committee to make the country's air service more robust, safe and effective. A meeting chaired by Prime Minister Sher Bahadur Deuba, who is also in charge of the Ministry of Culture, Tourism and Civil Aviation, formed a five-member investigation committee under the coordination of Joint Secretary Buddhisagar Lamichhane at the Ministry of Culture, Tourism and Civil Aviation.
Some budget holiday destinations for Nepali travelers this Dashain
Published On: September 30, 2021 10:00 AM NPT By: Sangay Sherpa
KATHMANDU, Sept 29: For a sizable section of international tourists, Nepal is one of the top travel destinations. They come to enjoy views of the majestic Himalayas, the cultural diversity and adventure tourism that the country has to offer. However, the arrival of foreign tourists has come to a halt following the COVID-19 pandemic.
Madhya Bhotekoshi Jalvidyut Company to float IPO worth Rs 900 million on October 6
Published On: September 30, 2021 06:30 AM NPT By: Republica
KATHMANDU, Sept 30: Madhya Bhotekoshi Jalvidyut Company Limited (MBJCL) will be issuing nine million units of its primary shares on October 6.
Stocks recoup losses as 2,600 mark holds ground
Published On: September 29, 2021 06:46 PM NPT By: Republica
KATHMANDU, Sept 29: The Nepal Stock Exchange (Nepse) saw strength in the morning on Wednesday with the index climbing around 30 points. Following a dip, the benchmark fell around 35 points to hit an intraday low of 2,580. Nonetheless, stocks continued to register a steady advance in the latter trading hours with the index ending 50.58 points higher at 2,665.94.
NRB to tighten measures on use of foreign currencies amid worsening BoP
Published On: September 29, 2021 06:45 PM NPT By: Republica
KATHMANDU, Sept 29: Nepal Rastra Bank (NRB) has started taking stern measures on the use of foreign currencies, citing the depleting foreign exchange reserve triggered by the worsening balance of payments (BoP) situation.
Problems of private sector can be resolved through dialogue: Energy Minister Bhusal
Published On: September 29, 2021 02:32 PM NPT By: Republica
KATHMANDU, Sept 29: Minister for Energy, Water Resources and Irrigation Pampha Bhusal has assured that the government would resolve the problems of the private sector through dialogue. Inaugurating the national gathering of Cable Television Entrepreneurs today, Minister Bhusal said the government has adopted the policy of carrying out development activities by taking the private sector into confidence.
PPA will be signed on the basis of market certainty: Energy Minister Bhusal
Published On: September 29, 2021 01:21 PM NPT By: Republica
KATHMANDU, Sept 29: Minister for Energy, Water Resources and Irrigation Pampha Bhusal has said that power purchase agreements (PPAs) will be signed on the basis of market certainty from now onward. Talking to a delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), she said that the new PPAs would be taken forward only after studying the balance of supply and demand.
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