OPINION
In defense of globalization
In defense of globalization
Economic inequality among countries has declined sharply in past 20 years, partly due to China’s rise
Jan 19, 2017
POLITICS
NRA seeks army, police manpower for reconstruction
NRA seeks army, police manpower for reconstruction
KATHMANDU, Jan 19: Amid concerns that the post-quake reconstruction efforts failed to gain momentum due to lack of human resources, the National Reconstruction Authority (NRA) has initiated discussion with Nepal Army (NA) and Armed Police Force (APF) to involve security personnel and expedite post-q...
Jan 19, 2017
OPINION
Infographics: Forbidden cost of vice?
Infographics: Forbidden cost of vice?
Indulging in a weekly habit of drugs, booze and cigarettes can cost you as little as $41.40 in Laos and a whopping $1,441.50 in Japan, according to the Bloomberg Vice Index.
Jan 19, 2017
ECONOMY
Banks cold-shoulder Rs 40b outright sale auction
Banks cold-shoulder Rs 40b outright sale auction
KATHMANDU, Jan 19: The fresh financing facility of Rs 40 billion offered by the Nepal Rastra Bank (NRB) in the wake of liquidity shortage was not also fully subscribed, widening a rift between the central monetary authority and bank and financial institutions (BFIs) over the diagnosis of the current...
Jan 19, 2017
ECONOMY
Laxmi Bank opens branch office in Old Baneshwar
Laxmi Bank opens branch office in Old Baneshwar
KATHMANDU, Jan 18: Laxmi Bank has opened a new branch office at Old Baneshwar, Kathmandu.
Jan 18, 2017
ECONOMY
NBL appoints Civil Capital Markets as its issue manager
NBL appoints Civil Capital Markets as its issue manager
KATHMANDU, Jan 19: Nepal Bank Ltd (NBL) has appointed Civil Capital Markets Ltd as the issue manager for its 23 percent rights issue.
Jan 18, 2017
TECHNOLOGY
Mobile data startup Zeotap raises €12M
Mobile data startup Zeotap raises €12M
Zeotap, a startup that helps telecom companies sell their data to advertisers, announced today that it has raised €12 million in Series B funding.
Jan 18, 2017
TECHNOLOGY
China to develop prototype exascale, super computer in 2017
China to develop prototype exascale, super computer in 2017
China plans to develop a prototype exascale computer by the end of the year, state media said Tuesday, as it seeks to win a global race to be the first to build a machine capable of a billion, billion calculations per second.
Jan 18, 2017
TECHNOLOGY
Facebook’s virtual-reality tech was not stolen, Zuckerberg testifies
Facebook’s virtual-reality tech was not stolen, Zuckerberg t...
Facebook Inc CEO Mark Zuckerberg took the witness stand in Dallas federal court on Tuesday and denied an allegation by a rival company that the virtual-reality technology of Facebook’s Oculus unit was stolen.
Jan 18, 2017
TECHNOLOGY
After pound’s fall, Apple to hike British app store prices
After pound’s fall, Apple to hike British app store prices
Tech giant Apple is set to raise the prices of its apps in Britain by around 25 percent after the steep drop in sterling following Britain’s vote to leave the European Union.
Jan 18, 2017