Faciliate bottlers to buy gas bullets, govt told

Published On: August 3, 2016 01:10 AM NPT By: Sujan Dhungana

KATHMANDU, Aug 3: Overturning the government's decision to allow liquefied petroleum (LP) gas bottlers to procure gas bullets, the parliamentary Commerce, Industries and Consumer Welfare Relation Committee has directed the Ministry of Supplies (MoS) to facilitate bottlers in the procurement process.

ZTE makes a foray into Nepali smartphone market

Published On: August 3, 2016 12:20 AM NPT By: Republica

KATHMANDU, Aug 3: ZTE Corporation -- the manufacturer of ZTE brand of mobile phones -- has entered Nepal, appointing Evolution Enterprise Pvt Ltd as its sole authorized distributor.

Civil Bank to acquire Unique Finance

Published On: August 2, 2016 08:30 PM NPT By: Republica

KATHMANDU, Aug 2: Civil Bank Ltd (CBL) has announced that it was acquiring Unique Finance Ltd (UFL).

NMB Bank, Unique Nepal sign remittance agreement

Published On: August 2, 2016 08:28 PM NPT By: Republica

KATHMANDU, Aug 2: NMB Bank has signed an agreement with microfinance company 'Unique Nepal' for remittance services.

NOC cuts cooking gas price Rs 25 per cylinder

Published On: August 2, 2016 07:07 PM NPT By: Sujan Dhungana

KATHMANDU, Aug 2: The government has reduced the price of petroleum products offering some respite to consumers. The state-owned Nepal Oil Corporation (NOC) reduced the price of Liquefied Petroleum Gas (LPG) by Rs 25 per cylinder and Rs 2 per liter each in petrol, diesel and kerosene effective from Wednesday.

NRB caps penal interest on loans at 2 percent

Published On: August 2, 2016 01:30 AM NPT By: Sagar Ghimire

KATHMANDU, Aug 2: Nepal Rastra Bank (NRB) has set a ceiling of 2 percent on penal interest that bank and financial institutions (BFIs) charge their borrowers if they miss loan payment.

Some respite for consumers as vegetable prices fall

Published On: August 2, 2016 01:20 AM NPT By: Republica

KATHMANDU, Aug 1: Price of fresh vegetables in Kathmandu have started coming down in the wholesale market, thanks to improved supplies from different parts of the country.

Colors cuts price of Elite E15

Published On: August 1, 2016 08:00 PM NPT By: Republica

KATHMANDU, Aug 1: Colors Mobile has reduced the price of Elite E15. Issuing a statement, the company said that the Elite E15 is now available at Rs 12,495 against its previous price of Rs 13,995.

NIC ASIA to promote SICL's new insurance product

Published On: August 1, 2016 07:52 PM NPT By: Republica

KATHMANDU, Aug 1: NIC ASIA Bank has announced a business tie-up with Shikhar Insurance Company Ltd (SICL) for promotion of a new non-life product.

New range of Himstar air conditioners launched

Published On: August 1, 2016 07:50 PM NPT By: Republica

KATHMANDU, Aug 1: Him Electronics, the authorized distributor of Himstar products, has introduced a new range of Himstar air conditioners in the Nepali market.