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Mega Bank launches contactless based payment via cards
Published On: November 27, 2020 03:53 PM NPT By: Republica
KATHMANDU, Nov 27: Mega Bank Nepal Limited on Thursday launched Contactless (NFC – Near Field Communication) based payment through cards.
ADB approves $156 million loan to Nepal for Electricity Grid Modernization Project
Published On: November 27, 2020 02:49 PM NPT By: Republica
The project aims to modernize power transmission and distribution systems
10 MW solar plant to be installed at Gautam Buddha Airport
Published On: November 27, 2020 01:36 PM NPT By: Republica
KATHMANDU, Nov 27: A 10 MW solar plant will be installed at the Gautam Buddha International Airport (GBIA) that is under construction in Bhairahawa of Rupandehi district.
Economy growing by zero percent still satisfactory compared to negative growth in advanced economies, says PM Oli
Published On: November 26, 2020 07:25 PM NPT By: Republica
PM assures private sector that govt will lend you support based on its capacity or even beyond going its capacity
Govt’s revenue mobilisation stands at 22.33% of the country’s GDP in 2019/20
Published On: November 26, 2020 05:30 PM NPT By: Republica
KATHMANDU, Nov 26: The ratio of revenue mobilisation to the gross domestic product (GDP) stood at 22.33 percent during fiscal year 2019/20 following a slump in revenue collection due to COVID-19. This is less than 1.65 percent point as compared to the previous year.
Remittances provide temporary cushion to Nepal’s troubled economy
Published On: November 26, 2020 11:53 AM NPT By: Bal Krishna Gnawali
KATHMANDU, Nov 26: At a time when the world economy was hard hit by the ongoing pandemic, improvement in Nepal’s remittances inflow has made it easier for the government to operate. Contrary to the projection of drop in the remittances flow, it has increased by 12.5 percent, helping the government in expanding its expenditure scope. The remittances flow was projected to drop by at least 15 percent after COVID-19 pandemic.
Daraz, Nabil Bank launch "Sarathi" program
Published On: November 26, 2020 10:46 AM NPT By: Republica
KATHMANDU, Nov 26: Nepal’s leading online marketplace, Daraz, has officially launched the Daraz Sarathi program in collaboration with Nabil Bank.
Nepal sees 12.6 percent rise in remittance inflows in the first quarter
Published On: November 26, 2020 10:25 AM NPT By: Republica
KATHMANDU, Nov 26: Remittance inflows in the first three months of the current fiscal year increased by 12.6 percent to Rs.258.86 billion despite projections made for the possible decline in the remitted money with the global spread of COVID-19. During the review period last year, the remittance amount had declined by 5.1 percent.
Nepal sees fall in import and rise in export
Published On: November 25, 2020 07:30 PM NPT By: RSS
KATHMANDU, Nov 25: The import of foreign goods has decreased while export has increased in the first four months of the current fiscal year 2077/78 BS.
Gold price drops by Rs 1,000 per tola
Published On: November 25, 2020 02:54 PM NPT By: Republica
KATHMANDU, Nov 25: The price of gold has dropped by Rs 1,000 per tola (11.66 grams) in the domestic market on Wednesday.
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