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.

Ace Academy opens at Sinamangal

Published On: July 15, 2016 08:14 PM NPT By: Republica

KATHMANDU, July 15: Ace Education Ventures has launched its new institution named Ace Academy in Sinamangal of Kathmandu.

Clarion call to check illegal import of mobile phones

Published On: July 15, 2016 01:15 AM NPT By: Sujan Dhungana

KATHMANDU, July 15: Mobile phone importers have urged the government to check illegal imports of mobile phones in the domestic market.

Merged Bank of Kathmandu Lumbini starts operation

Published On: July 15, 2016 01:10 AM NPT By: Republica

KATHMANDU, July 15: Bank of Kathmandu Ltd and Lumbini Bank Ltd have successfully completed their merger process and commenced joint operation as Bank of Kathmandu Lumbini (BoKL) from Thursday.

TeliaSonera urged to pay CGT in Nepal

Published On: July 15, 2016 01:05 AM NPT By: Republica

KATHMANDU, July 15: Reminding that TeliaSonera has not paid capital gains tax (CGT) in Nepal, National Youth Council (NYC) on Tuesday submitted a memorandum to the Swedish government through Honorary Consul General of Sweden in Nepal.

Huawei P9 making Nepal debut next week

Published On: July 15, 2016 01:00 AM NPT By: Republica

KATHMANDU, July 15: Huawei Consumer Business Group is launching the much anticipated Huawei P9 in the Nepali market next week.

NRB announcing new monetary policy today

Published On: July 14, 2016 01:29 PM NPT By: Republica

Kathmandu, July 14: Nepal Rastra Bank (NRB) is scheduled to make public the monetary policy for the coming fiscal year this afternoon.

KATHMANDU, July 14 In a bid to tighten the flow of finance from the banking sector to the stock market, Nepal Rastra Bank (NRB) has revised the policy to float loans of banks and financial institutions (BFIs) against the shares pledge. Issuing the monetary policy for the fiscal year 2016/17 today, NRB Governor Chiranjibi Nepal announced the revision on the valuation of the shares which banks accept as collateral to float their loans.

Govt undecided on how to handle Sikta collapse issue

Published On: July 14, 2016 02:30 AM NPT By: Rudra Pangeni

KATHMANDU, July 14: Though it has already been two weeks since a canal of Sikta Irrigation Project crumbled, the government neither knows the reason behind the collapse, nor is clear about its future move on the issue.

KATHMANDU, July 14: Nepal Rastra Bank (NRB) is likely to backtrack from its preparation to restrict flow of fund to the share market from the bank and financial institutions (BFIs) following sudden fall in price of securities in the last two days.

New IBN CEO's academic qualification questioned

Published On: July 14, 2016 01:00 AM NPT By: Republica

KATHMANDU, July 14: Former CEO of Investment Board Nepal Radhesh Pant has filed a writ petitioni at the Supreme Court, questioning the academic qualification of incumbent CEO Maha Prasad Adhikari.