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ECONOMY

Machhapuchchhre Bank giving 21.84 percent stock dividend

KATHMANDU, Nov 4: The board meeting of Machhapuchchhre Bank Ltd (MBL) on Friday proposed to provide 21.84 percent stock dividend to the bank's shareholders from the profit earned in the last fiscal year.
7 years ago
ECONOMY

ADBL, Easylink sign MoU for remittance business

KATHMANDU, Nov 4: Agriculture Development Bank Ltd (ADBL) and Easylink Remittance Pvt Ltd have signed a Memorandum of Understanding (MoU) for providing remittance through all ADBL branch offices.
7 years ago
ECONOMY

Dependence on foreign fields for cooking oil still increasing

KATHMANDU, Nov 3: Nepal spends more than Rs 21 billion each year on imported cooking oil alone. And every year, the figure goes up, especially close to the festive seasons.
7 years ago
ECONOMY

Jumla apples fetch Rs 100 per kg in local markets

JUMLA, Nov 4: Apples grown in Jumla have fetched Rs 100 per kg in the district headquarters itself.
7 years ago
ECONOMY

Up to 50 percent off on Etihad's Business Class fares

KATHMANDU, Nov 2: Etihad Airways has announced discounts of up to 50 percent on its business class airfare. Issuing a statement, the airline said that the business class promotion sale of up to 50 percent will last until November 7 for travel until June 15 next year.
7 years ago
ECONOMY

ANDRITZ HYDRO to open office in Nepal

KATHMANDU, Nov 3: The ANDRITZ HYDRO, a global supplier of electromechanical systems and services for hydropower plants has celebrated its first 'Customer Day' with a view to expanding its office in Nepal.
7 years ago
ECONOMY

ADB pledges Rs 12 b for improvement of secondary education in Nepal

KATHMANDU, Nov 3: The Asian Development Bank (ADB) has announced grant assistance worth Rs 12 billion to improve education quality and an access to secondary education in Nepal.
7 years ago
ECONOMY

Locals demand royalty for water supplied to valley

KATHMANDU, Nov 3: Locals affected by the Melamchi Water Supply Project (MWSP) have demanded that they be paid royalty of Rs 5 per 10,000 liters of water supplied to the Kathmandu Valley.
7 years ago
ECONOMY

$120 million loan ADB loan for education sector

KATHMANDU, Oct 3: The Asian Development Bank (ADB) has approved a US $120 million loan and a $500,000 grant to help improve access and quality of secondary education in Nepal.
7 years ago
ECONOMY

NRB has 10 tons of gold in reserves

KATHMANDU, Nov 3: Can you guess how much gold does the Nepal Rastra Bank (NRB) actually have? Leave along general public, even bankers cannot estimate the quantity of gold held by the central bank.
7 years ago

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