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Customs officials, security personnel and smugglers are hand in glove in smuggling of goods!
Published On: July 3, 2024 09:44 AM NPT By: Arjun Oli
NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.
Bankers fear 2.5% countercyclical buffer will hit lending capacity
Published On: July 19, 2016 01:30 AM NPT By: Sagar Ghimire
KATHMANDU, July 19: The central bank's announcement to set countercyclical buffer requirement for commercial banks, as part of implementing the Basel III standard, at a maximum of 2.5 percent has left the bankers worried.
MoF reimburses Rs 3.96b to NEA
Published On: July 19, 2016 01:00 AM NPT By: Republica
KATHMANDU, July 19: Ministry of Finance (MoF) has reimbursed Rs 3.96 billion to Nepal Electricity Authority (NEA) to compensate for the loss that the latter incurred while distributing energy imported from India.
'Burst test' technology to test quality of gas cylinders
Published On: July 19, 2016 12:50 AM NPT By: Sujan Dhungana
KATHMANDU, July 19: The government has begun preparation to install 'burst test' facility to test quality of liquefied petroleum (LP) gas cylinders circulated in the market.
Samsung Galaxy J2 gets facelift
Published On: July 19, 2016 12:00 AM NPT By: Republica
KATHMANDU, July 18: Samsung on Monday launched Galaxy J2 2016 -- an upgraded version of Galaxy J2 launched last year -- with two new innovations namely Turbo Speed Technology (TST) and Smart Glow.
Hyundai announces winners
Published On: July 18, 2016 08:24 PM NPT By: Republica
KATHMANDU, July 18: Laxmi Intercontinental, the authorized distributor of Hyundai motors in Nepal, has distributed prizes to the winners of Euro Cup Prediction Game organized by the company.
New offer on Sprite
Published On: July 18, 2016 08:13 PM NPT By: Republica
KATHMANDU, July 18: Coca-Cola Nepal has launched a new promotion for its soft drink brand Sprite.
Direct lending to deprived sector not our cup of tea: Bankers
Published On: July 18, 2016 02:15 AM NPT By: Republica
KATHMANDU, July 18: Bankers have taken exception over a new measure in the monetary policy for Fiscal Year 2016/17 that requires them to directly lend 2 percent of their total loans in the deprived sector.
Change in leadership might affect MCC projects
Published On: July 18, 2016 02:00 AM NPT By: Republica
KATHMANDU, July 18: Nepal's development assistance absorptive capacity is low, project management is weak and delays are common. If early indications are anything to go by, implementation of projects to be funded by Millennium Challenge Corporation (MCC) of US government won't be any different.
Private firms can start petroleum trading after two years
Published On: July 18, 2016 01:50 AM NPT By: Sujan Dhungana
KATHMANDU, July 18: Ending Nepal Oil Corporation's monopoly in petroleum trading, the government has issued permanent license to 11 private companies which allows them to do petroleum business in Nepal.
Nepse begins four-hour trading
Published On: July 18, 2016 01:00 AM NPT By: Republica
KATHMANDU, July 17: Nepal Stock Exchange (Nepse) extended trading hours to four hours a day from Sunday, up from regular three-hour trading till last week.
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