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Sebon hosting int'l conference on financial consumer protection
Published On: July 1, 2019 10:55 AM NPT By: Republica
KATHMANDU, July 1: The Securities Board of Nepal (Sebon) in collaboration with International Network on Financial Education (INFE) under the Organisation for Economic Co-operation and Development (OECD) is organizing a two-day ‘Conference and Roundtable on Financial Consumer Protection and Education in Asia Pacific’.
Global IME celebrates National Paddy Day
Published On: July 1, 2019 10:53 AM NPT By: Republica
KATHMANDU, July 1: Global IME Bank Ltd celebrated 16th National Paddy Day by organizing a paddy plantation event in Tokha of Kathmandu on Sunday. Issuing a statement, the commercial bank said that bank employees as well as locals participated in the plantation ceremony aimed at promoting the tradition of celebrating paddy day.
Market closes worst month since June last year
Published On: July 1, 2019 10:49 AM NPT By: Republica
KATHMANDU: The benchmark Nepal Stock Exchange (Nepse) index witnessed a steady decline in the first trading day of the week. Despite climbing slightly higher initially, majority of stocks came under pressure pushing the benchmark index lower on Sunday. Nepse closed the day with a decline of 12.27 points at 1,244.89 points.
118 locals units still to unveil their budget
Published On: July 1, 2019 08:51 AM NPT By: Republica
KATHMANDU, July 1: The Ministry of Federal Affairs and General Administration (MoFAGA) had made it mandatory for local units across the country to unveil the budget before June 25. However, around 118 local units are yet to do so despite missing their deadline. The dispute between local representatives, lack of manpower and coordination between the officials have been learnt to be the major reasons behind the delay.
Vietnam, EU sign landmark free trade deal
Published On: June 30, 2019 04:26 PM NPT By: Reuters
HANOI, June 30: The European Union signed a landmark free trade deal with Vietnam on Sunday, the first of its kind with a developing country in Asia, paving the way for tariff reductions on 99% of goods between the trading bloc and Southeast Asian country.
Farmers suffer as paddy production cost rises, price falls
Published On: June 30, 2019 08:23 AM NPT By: YUBARAJ BIBASH
DAMAK, June 30: As farmers in the district have started using harvesting machine in a bid to modernize paddy farming, their cost of production has increased this season. However, they have been compelled to sell paddy for cheaper rates than in previous years, which is incurring them huge losses.
Electricity dues for street lights cross Rs 6 billion
Published On: June 30, 2019 08:21 AM NPT By: Himal Lamsal
KATHMANDU, June 30: A tussle between Nepal Electricity Authority (NEA) and local level units regarding use of land and payment for street lights has left electricity dues worth six billion in quandary.
Banks fail to reach 23 local units due to lack of basic infrastructure
Published On: June 30, 2019 08:18 AM NPT By: Republica
KATHMANDU, June 30: Though it has been over two years since the country went into a federal structure, 23 local units are still devoid of a bank branch.
Nepse sees fluctuation this week
Published On: June 29, 2019 05:36 PM NPT By: RSS
KATHMANDU, June 29: The domestic share market faced an irregular pace in terms of transactions this week as well.
Mango production plummets in Siraha, Saptari
Published On: June 29, 2019 10:01 AM NPT By: RSS
LAHAN, June 29: Siraha and Saptari, regarded as the mango capital of the country, saw a decline in the production of the fruit this year. The epidemic of insect and pests led to the decline this year, which was also a year of low mango production, according to the Agriculture Knowledge Centre, Rajbiraj.
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