KATHMANDU, May 8: On behalf of Nepal government, Minister for Industry, Commerce, and Supplies, Matrika Prasad Yadav handed cheque amounting Rs. 100 million to Dr Sanduk Ruit to increase the production of intraocular lens.

ILAM, May 8:Cost of production of green tea leaves in Suryodaya Municipality of Ilam is Rs 37.31 per kilogram, a recent study conducted by Nepal Tea and Coffee Development Board shows. The board had conducted the study together with Suryodaya Municipality following complaints from farmers that return from tea farming is minimal compared to high investment.

Ujaya Shakya bags leadership award

Published On: May 8, 2018 08:29 AM NPT By: Republica

KATHMANDU, May 8: Ujaya Shakya, managing director of Outreach Nepal has been awarded with 'Flame Leadership Award' at the Flame Awards 2018 held in Mumbai on Friday.

KATHMANDU, May 8: Laxmi Intercontinental Pvt Ltd, the authorized dealer of Hyundai for Nepal, has launched 'Road to Russia' scheme for its customers.

Mega Bank to open 11 new branch offices

Published On: May 8, 2018 08:27 AM NPT By: Republica

KATHMANDU, May 8: Mega Bank Ltd is preparing to open 11 new branch office by mid-May. Issuing a statement on Monday, the bank said that it received permission from the Nepal Rastra Bank to open branch offices in Kumayak Rural Municipality of Panchthar on Sunday and Indrawati Rural Municipality of Sindhupalchowk on Monday.

Industrialists reiterate demand for subsidy, incentives

Published On: May 8, 2018 08:14 AM NPT By: Republica

KATHMANDU, May 8: Business leaders have reiterated their demands for more subsidies, incentives and facilities in the budget for the upcoming Fiscal Year 2018/19. Such demands feature predominantly in the suggestions made by the private sector leaders during a pre-budget interaction program organized by the Nepal Rastra Bank (NRB) in Kathmandu on Monday.

Hero MotoCorp launches Glamour, Duet

Published On: May 7, 2018 08:44 AM NPT By: Republica

KATHMANDU, May 7: Hero MotoCorp has introduced the 125 cc Glamour motorcycle and 110 cc Duet scooter in the Nepali market.

Shangrila Dev Bank, LIC Nepal in bancassurance agreement

Published On: May 7, 2018 08:42 AM NPT By: Republica

KATHMANDU, May 7: Shangrila Development Bank Ltd and Life Insurance Corporation (LIC) Nepal have entered into bancassurance agreement to provide the latter's insurance products to clients of the development bank.

Nabil Bank inaugurates ‘Mid-corporate and SME Hub’

Published On: May 7, 2018 08:39 AM NPT By: Republica

KATHMANDU, May 7: Nabil bank has announced the inauguration of its Mid-corporate and SME Hub at the United World Trade Center in Tripureshwar, Kathmandu.

Chinese firm appointed to conduct pre-feasibility study

Published On: May 7, 2018 06:00 AM NPT By: Republica

KATHMANDU, May 7: A Chinese company has been given the task of carrying out pre-feasibility study of Kathmandu-Kerung railway.