NRB likely to further reduce interest rate spread cap

Published On: June 28, 2017 01:20 AM NPT By: Republica

KATHMANDU, June 28: Nepal Rastra Bank (NRB) officials have hinted that the central bank may further reduce interest spread for bank and financial institutions (BFIs) from the monetary policy of the upcoming fiscal year 2017/18.

KATHMANDU, June 28: Nepal Rastra Bank (NRB) and the Bank of Korea -- the central bank of South Korea -- have signed a Memorandum of Understanding (MoU) for knowledge partnership program between the two central banks.

Kavre farmers benefiting from e-plant clinics

Published On: June 28, 2017 12:30 AM NPT By: Madhusudhan Guragain

KAVRE, June 28: Plant protection officers have started providing e-services to farmers in Kavre district.

NBSM's calibration unit to come into operation from mid-July

Published On: June 28, 2017 12:20 AM NPT By: Republica

KATHMANDU, June 28: Nepal Bureau of Standards and Metrology (NBSM) is setting up a high-tech calibration unit in Hetauda to provide calibration service for petroleum tankers.

FNCCI for creating investment-friendly environment

Published On: June 27, 2017 09:10 PM NPT By: Republica

KATHMANDU, June 27: A delegation of Federation of Nepal Chamber of Commerce and Industry (FNCCI), led by its President Bhawani Rana, paid a courtesy call on newly appointed Minister for Finance, Gyandendra Bahadur Karki, on Monday.

Hyundai announces new scheme for quake victim taxi owners

Published On: June 27, 2017 09:05 PM NPT By: Republica

KATHMANDU, June 27: Laxmi intercontinental Pvt. Ltd, the sole distributor of Hyundai motors in Nepal, has announced to provide 100 percent cash back to one of the 1,500 earthquake victims, who have received taxi number from the government, purchasing Hyundai Eon.

Talk on development in LDCs held

Published On: June 27, 2017 07:19 PM NPT By: Republica

KATHMANDU, June 27: The Government of France has been launching worldwide talks on the agenda of economic development since the past few years with a view to supporting the least developed countries (LDCs) in their development endevours.

13 hydel companies in preparation to launch IPO

Published On: June 27, 2017 07:08 PM NPT By: Republica

KATHMANDU, June 27: Various 13 hydro power companies are to launch their initial public offerings (IPO) in the near future.

NT launches Internet service for bus passengers

Published On: June 27, 2017 01:00 AM NPT By: Republica

KATHMANDU, June 27: Nepal Telecom (NT), in collaboration with Cybernetics Pvt Ltd, has started providing free Internet service to bus passengers of both longer and shorter routes.

PARBAT, June 27: More than a dozen irrigation projects in Parbat have not moved ahead because of a new working procedure prepared by the Department of Irrigation (DoI) which goes against the Public Procurement Act (PPA).