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US$ 200 million World Bank credit to finance federalism draws flak
Published On: March 24, 2018 09:55 AM NPT By: Republica
KATHMANDU, March 24: The World Bank’s credit of US$ 200 million (Rs 20.6 billion) to Nepal for financing federalism in the country has landed into controversy.
NRB tells Infrastructure Bank promoters to deposit 45% of paid-up capital
Published On: March 24, 2018 09:49 AM NPT By: Republica
KATHMANDU, March 24: Nepal Rastra Bank (NRB) has asked promoters of the proposed Nepal Infrastructure Bank to deposit 45 percent of the paid-up capital within 30 days, giving a green signal for the opening of the bank that is expected to finance mega infrastructure projects.
No more new announcements please, power producers ask govt
Published On: March 24, 2018 09:26 AM NPT By: Republica
KATHMANDU, March 24: Independent power producers have said that the government should not make any new declaration about the generation of hydro electricity, rather it should focus on implementing earlier commitments.
Seat assurance brings several domestic airports back into operation
Published On: March 24, 2018 09:25 AM NPT By: Arpana Ale Magar
KATHMANDU, March 24: Along with the assurance of seat occupancy from local level bodies, domestic airlines companies have started flight operations to several domestic airports that have remained non-operational for many years.
Food Expo kicks off at Bhrikuti Mandap
Published On: March 24, 2018 08:39 AM NPT By: Republica
KATHMANDU, March 24: The youth population of today is more inclined to eat junk food or ready-made fast food. This not only raises a major concern for health, but also threatens the existence of authentic Nepali food as city dwellers have been opting for foreign cuisines.
HAN submits memorandum to tourism minister
Published On: March 24, 2018 08:34 AM NPT By: Republica
KATHMANDU, March 24: Hotel Association Nepal (HAN) has submitted a 16-point memorandum to newly appointed minister for Culture, Tourism and Civil Aviation, Rabindra Adhikari, on Thursday. A team lead by Amar Man Shakya, president of HAN, submitted the memorandum to minister Adhikari.
Syakar Trading launches ‘Honda Genuine Engine Oil’
Published On: March 24, 2018 08:29 AM NPT By: Republica
KATHMANDU, March 24: Syakar Trading Company, the authorized distributor of Honda motorbikes and scooters for Nepal, has launched a new pack of 'Honda Genuine Engine Oil' on Wednesday.
Sunrise Bank signs agreement with Khalti digital wallet
Published On: March 24, 2018 08:23 AM NPT By: Republica
KATHMANDU, March 24: Sunrise Bank has signed an agreement with Khalti Digital Wallet for mobile payment. Rabin Nepal, deputy general manager of Sunrise Bank and Manish Modi, managing director of Khalti, signed an agreement on Thursday.
Trump to punish China for tariffs, Investment restrictions
Published On: March 23, 2018 02:58 PM NPT By: Agencies
UNITED STATES, Mar 23: The President of America Donald Trump administration will impose up to $60 billion in trade restrictions on China to counter a concerted program of Chinese economic aggression against the United States, President Donald Trump announced Thursday.
3rd International Women's Trade Expo kicks off
Published On: March 23, 2018 04:06 AM NPT By: Republica
Women entrepreneurs of 30 districts are participating in the expo.
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