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NOC to increase storage capacity at Gagangaunda depot
Published On: March 14, 2020 10:10 AM NPT By: Santosh Pokharel
POKHARA, March 14: Nepal Oil Corporation (NOC) is planning to expand its fuel storage capacity at the Gagangaunda depot. According to the officials of the NOC, the current storage at the depot is not able to meet the demand and needs to be expanded to fulfill the current market demand.
Consumers should limit their purchases to avoid scarcity in the market
Published On: March 14, 2020 10:05 AM NPT By: Republica
KATHMANDU, March 14: Senior government officials have suggested consumers not to hoard products excessively as it affects the supply and distribution in the market.
Government suspends visa-on-arrival for all nationalities
Published On: March 14, 2020 09:38 AM NPT By: Republica
KATHMANDU, March 14: The government has suspended visa-on-arrival for all foreigners, effective from Saturday till April 30, as a precautionary measure to prevent the spread of coronavirus (COVID-19).
Coronavirus hits Chitwan tourism hard
Published On: March 13, 2020 01:22 PM NPT By: Surya Prakash Kandel
CHITWAN, March 13: The widespread outbreak of coronavirus has affected the tourism sector in the country. Sauraha, the main tourist destination of Chitwan, has not received international tourists in recent times.
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Nepse gives up over 45 points as uncertainty looms
Published On: March 13, 2020 01:09 PM NPT By: Republica
KATHMANDU, March 13: The local stock market faced a sharp slide in the morning session on the Thursday with the Nepal Stock Exchange (Nepse) index giving up over 25 points in the first 20 minutes of trading. Some strength preceded as bulls tried to gain control thereafter. Nonetheless, the market failed to trade in green and witnessed a steady slide after midday. The benchmark index eventually shed a total of 45.91 points to close the week at 1,377.18 points.
Firms seeking loans of up to Rs 5 million don't need to submit tax certificate
Published On: March 13, 2020 08:43 AM NPT By: Republica
KATHMANDU, March 13: Business firms can now get loans of up to Rs 5 million from banks without submitting a tax clearance certificate. Likewise, the first-time-home buyers are also allowed to get loans even without having the tax clearance certificate.
Borrowers say Nabil deducting balance from accounts, flouting NRB rules
Published On: March 12, 2020 01:25 PM NPT By: Republica
KATHMANDU, March 12: Nabil Bank Limited has been found to be engaged in an ‘illegal practice’ in recovering loans from its borrowers.
Birendranagar to produce organic fertilizer, bio-gas from garbage
Published On: March 12, 2020 01:15 PM NPT By: RSS
BIRNDRANAGAR, March 12: For the first time in Karnali State, Birendranagar Municipality is preparing to produce energy from garbage following a trilateral agreement of the municipality, Alternative Energy Promotion Centre and KP Commercial Service Company.
Government should invest in technology and infrastructure development
Published On: March 12, 2020 12:40 PM NPT By: Republica
Janak Sharma Poudyal is the CEO of Sunrise Bank Ltd. Republica talked with Poudyal to gain an insight about the aspects of cashless economy and how the government can benefit from the system, among other topics. Excerpts:
Digital payments will revolutionize Nepali economy
Published On: March 12, 2020 12:30 PM NPT By: Republica
Sudeep Dhakal is the head of card and digital banking at Jyoti Bikash Bank Ltd. Republica caught up with Dhakal to talk about cashless economy and digital payments among other issues. Excerpts:
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