KATHMANDU, Feb 22: The Silver Heritage Heritage Group, an organization operating casinos in Nepal and Vietnam, is on the verge of the bankruptcy. The share index in Australia (SVH:ASX) is currently priced at 0.010 Australian dollar.
SINGAPORE, Feb 22: Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten global markets.
KATHMANDU, Feb 22: Work at the Upper Tamakoshi Hydropower Project (UTHP) remained standstill for about a year due to non-performance of an Indian contractor. The mega infrastructure project, which is being built by mobilizing domestic resources, is in the last leg of construction now.
KATHMANDU, Feb 21: Five electric buses procured from BYD Auto Industry Company Ltd in China has been languishing at their garage as the government shows reluctance to bring them into operation citing ‘technical faults’ in the buses.
BHIMDUTTANAGAR, Feb 21: Bedkot Municipality of Kanchanpur district on Wednesday submitted a memorandum to Prime Minister KP Sharma Oli, calling for the expedition of the setup of Daiji-Chhela industrial corridor.
KATHMANDU, Feb 21: Nepal Bankers Association (NBA) has opposed several key provisions introduced by the Nepal Rastra Bank (NRB) through the mid-term review of the Monetary Policy for Fiscal Year 2018/19.
KATHMANDU, Feb 21: Nepal Rastra Bank (NRB) has issued a circular to bank and financial institutions (BFIs), enacting three provisions introduced through the mid-term review of Monetary Policy for Fiscal Year 2018/19.
In the circular issued to BFIs on Wednesday, the central bank directed BFIs to lower the maximum interest rates on loans floated under the general refinance fund to 8 percent.