Few takers for subsidized quake loans to rebuild homes

Published On: June 29, 2016 04:30 AM NPT By: Sagar Ghimire

KATHMANDU, June 29: Though the devastating earthquakes last year damaged nearly 800,000 houses, only 18 individuals have taken advantage of a subsidized loan scheme under which only 2 percent interest is charged.

Development spending on downward course

Published On: June 29, 2016 01:15 AM NPT By: Rudra Pangeni

KATHMANDU, June 29:Development spending is on a downward trend over the past five years, government statistics shows.

NADEP floating IPO soon

Published On: June 29, 2016 12:38 AM NPT By: Republica

KATHMANDU, June 28: NADEP Laghubitta Bittiya Sanstha has appointed Nabil Investment Banking Ltd as its issue manager for its initial public offering (IPO).

Ncell launches 'Night Data' packs

Published On: June 28, 2016 08:52 PM NPT By: Republica

KATHMANDU,June28: Ncell has launched Night Data packs, lowering the data price to up to 10 paisa per MB excluding taxes for its customers who want to surf Internet during night time at more affordable rates.

Obi Worldphone launches new contest

Published On: June 28, 2016 08:49 PM NPT By: Republica

KATHMANDU, June28: Obi Worldphone, a San Francisco-based smartphone company, has started a contest for its fans in Nepal.

Micromax Canvas 6 hits shelves

Published On: June 28, 2016 08:47 PM NPT By: Republica

KATHMANDU, June28: Micromax -- one of the biggest Indian smartphone brands -- has launched Canvas E485 in the Nepali market.

Laxmi Capital appointed issue manager of Union Hydropower

Published On: June 28, 2016 08:46 PM NPT By: Republica

KATHMANDU, June28: Laxmi Capital Market Ltd has been appointed as issue manager to float initial public offering (IPO) of Union Hydropower Ltd.

Provision to license micro insurance firms proposed

Published On: June 28, 2016 12:00 PM NPT By: Sagar Ghimire

KATHMANDU, June 28: The government is introducing a provision to license micro insurance companies in a new law that it is drafting to replace the existing Insurance Act, 1992.

Comprehensive policy for benefit-sharing needed: Report

Published On: June 28, 2016 11:00 AM NPT By: Republica

KATHMANDU, June 28: Hydropower sector is in need of a more comprehensive policy framework addressing the concerns of all stakeholders in terms of sharing of benefits, a research report unveiled in Kathmandu on Monday states.

Nepal supplies 74% unskilled manpower to global labor market

Published On: June 28, 2016 10:12 AM NPT By: Republica

JANAKPUR, June 28: A significant number of unskilled manpower leave the country every year for the global labor market, putting their lives at risk, participants of a program organized here Monday said.