header banner

Economy

Latest

ECONOMY

House passes BAFIA, with two four-year term limits for CEOs,...

KATHMANDU, Jan 11: The parliament has endorsed the bill to amend and unify bank and financial institution act (BAFIA), imposing two term limit for the chief executive officer, chairman and managing director of a bank or financial institution. The bill endorsed by a full house of parliament on Tuesda...
Jan 11, 2017
ECONOMY

Palpa homestays getting more tourists

PALPA, Jan 11: Homestay facilities in rural areas of Palpa have started getting tourist.
Jan 11, 2017
ECONOMY

Indian envoy inaugurates upgraded hydropower plant in Solumk...

KATHMANDU, Jan 11: Indian ambassador to Nepal Ranjit Rae has inaugurated the upgraded Thame Khola Hydropower Plant in Namche VDC of Solumkhumbu district on Sunday.
Jan 11, 2017
ECONOMY

Nepal needs 5 rails after 1 year

BARDIBAS, Jan 10: Jayanagar Railway track is being constructed. It will be completed within a year. But, Nepal does not have a rail of its own. So, whose rail will run on the track following the construction?
Jan 10, 2017
ECONOMY

Sagoon files for regulation A+ (Mini-IPO), plans to raise $2...

KATHMANDU, Jan 10: Sagoon (www.sagoon.com), a US based social commerce startup, announced the filing of a Regulation A+ (MINI-IPO) with the US Securities and Exchange Commission (SEC) to offer an investment opportunity mostly to a large pool of potential public investors who have already become a pa...
Jan 10, 2017
ECONOMY

Bill related to bank and financial institutions endorsed

KATHMANDU, Jan 10: The meeting of the Legislature-Parliament on Tuesday, by a majority has endorsed the bill related to bank and financial institution-2073 BS.
Jan 10, 2017
ECONOMY, SPECIAL

19 firms show interest to conduct feasibility study

KATHMANDU, Jan 10: Nineteen firms have showed interest to conduct feasibility study for Kathmandu-Birgunj Electrical Railway Project.
Jan 10, 2017
ECONOMY

Govt promises 17 percent returns on equity investment

KATHMANDU, Jan 10: Investors of hydropower projects in Nepal can earn a maximum 17 percent return on equity investments.
Jan 10, 2017
ECONOMY

Civil Aviation Authority decision to distribute bonus contro...

KATHMANDU, Jan 10: Civil Aviation Authority of Nepal (CAAN) has made a controversial decision to distribute bonus to its 800 staffers.
Jan 10, 2017
ECONOMY

NRB shrugs off liquidity crunch in face of 'aggressive lendi...

KATHMANDU, Jan 10: As banks and financial institutions (BFIs) up their  'aggressive' lending, Nepal Rastra Bank (NRB) has taken a cautious strategy of tightening liquidity (loan-able funds) to curb any lending binge, particularly in unproductive sectors.
Jan 10, 2017