Rosin, turpentine exports on the rise

Published On: December 20, 2016 12:40 AM NPT By: Santosh Neupane

KATHMANDU, Dec 20: Export of rosin and turpentine is increasing in recent years.

KATHMANDU, Dec 19:  The Department of Transport Management (DoTM) has said that three new transport management offices will come into operation in the Kathmandu Valley only by the mid-January.

RBI tightens cash deposit rules just days before deadline

Published On: December 19, 2016 03:20 PM NPT By: Reuters

The Reserve Bank of India tightened cash deposit rules on Monday, just days before the demonetisation deadline, saying individuals can bank over 5,000 rupees ($73.83) of old notes only once until December 30 if they provide a satisfactory reason.

WB provides Rs 5.94 billion additional loan

Published On: December 19, 2016 02:27 PM NPT By: Republica

KATHMANDU, Dec 19: The World Bank has agreed to provide US Dollar 55 million (approximately Rs 5.94 billion) additional loan assistance to the government for the implementation of Road Sector Development Project (RSDP) which has been under implementation since 2008.

7th China Festival kicks off in Capital

Published On: December 19, 2016 01:34 PM NPT By: Republica

KATHMANDU, Dec 19: The 7th China Festival has started in Kathmandu from today. Deputy Prime Minister and Minister for Finance, Krishna Bahadur Mahara and chief of the Chinese Communist Party’s Publicity Department, Liu Qibao jointly inaugurated the festival this morning.

Global IME Bank bags global award

Published On: December 19, 2016 10:23 AM NPT By: Republica

KATHMANDU, Dec 19: Global IME Bank Ltd has received the ‘Best Internet Bank 2016-Nepal’ provided by the International Finance Magazine.

Sesa dry shampoo in market

Published On: December 19, 2016 10:18 AM NPT By: Republica

KATHMANDU, Dec 19: Ban Labs Company has launched Sesa dry shampoo in the Nepali market. Issuing a statement, the company said that the shampoo can be used without applying water.

Bank credit growth rises, deposits fall

Published On: December 19, 2016 03:50 AM NPT By: Republica

KATMANDU, Dec 19: Deposit mobilization by commercial banks is falling in recent weeks, while loan disbursement is increasing.

KUKL water supply system to go hi-tech

Published On: December 19, 2016 01:00 AM NPT By: Republica

KATHMANDU, Dec 19: Kathmandu Upatyaka Khanepani Ltd (KUKL) is procuring a computerized system to monitor and control distribution of water brought into the Kathmandu Valley by the Melamchi Water Supply Project.

National Industrial Expo from Tuesday

Published On: December 19, 2016 12:00 AM NPT By: Republica

KATHMANDU, Dec 19: Footwear Manufacturers Association of Nepal (FMAN) is organizing the 13th National Industrial Expo 2016 at the Bhrikuti Mandap Exhibition Hall in Kathmandu from December 20 to 26.