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.

KATHMANDU, Feb 22:The United Kingdom has expressed commitment to continue its support for Nepal's socio-economic development.

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.

Women Entrepreneurship Summit on March 1

February 22, 2019 07:40 am

KATHMANDU, Feb 22: Nepalese Young Entrepreneur Forum (NYEF), US Embassy in Kathmandu and Nepal-US Alumni Network (NUSAN) are jointly organizing Women Entrepreneurship Summit in Kathmandu on March 1.

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.

LG opens new showroom at Gwarko

February 21, 2019 05:30 am

KATHMANDU, Feb 21: CG Electronics Pvt Ltd, the authorized distributor for LG in Nepal, recently launched a showroom at Gwarko of Lalitpur.