Ghimire is associated with Republica, English National Daily, since November 2013. He reports and writes on banking, financial, cooperatives, labor, foreign employment and Mount Everest expedition issues. Twitter:@sagarghi firstname.lastname@example.org
KATHMANDU, Feb 23: Upbeat with the economic growth rate in the last three years which remained higher than an average of more than six per cent, the government has set its sight on a growth rate of 8.5 per cent in the current fiscal year 2019/20.
KATHMANDU, Feb 1: Nepal Rastra Bank (NRB) has announced that it will take action against those making or receiving international payments for advertisements on the internet and in social media like Facebook, Twitter and YouTube as well as online portals.
KATHMANDU, Jan 26: In what appears to be a major setback for the country which is celebrating the ‘Visit Nepal Year 2020’, the arrival of Chinese tourists in groups is likely to come to a halt from Monday.
There are thousands of applications for both iOS- and Android-powered smartphones. From apps of banks to e-commerce platforms, they have become a part of daily life with the growing use of smartphone and the Internet.
In 2020, two national pride projects – Upper Tamakoshi Hydropower Project and Gautam Buddha International Airport project – are set to be completed. The construction of some other promising projects will kick-off. Authorities will have to expedite works for some projects amid their looming deadlines. Even the current pace of the progress of few development projects will bring them closer toward the completion. Here are 20 development projects that will be watched closely in the year 2020.
KATHMANDU, Dec 26: The government has picked Fitch Ratings, the American rating agency, for the sovereign credit rating of Nepal. The decision to select Fitch Ratings will pave the way for the global rating agency to assess the creditworthiness of Nepal, a first for the country.
KATHMANDU, Dec 7: After completing the process of merger with Janata Bank Ltd, Global IME Bank Ltd has emerged as the biggest bank in terms of key financial indicators including capital, deposits and assets (loans).
KATHMANDU, Nov 11: With the Nepal Rastra Bank (NRB) halting foreign exchange facility to various businesses since the past few months, many firms, especially those with foreign investments, are facing difficulty in making payments to their suppliers for the purchase, repair or renewal of their software programs bought from international companies.
KATHMANDU, Nov 4: The government has instructed Nepal Rastra Bank (NRB) to start an inquiry into Shiba Raj Shrestha, a deputy governor of the central bank, accusing him of ‘working in a way that threatens the financial stability’ of the country.
KATHMANDU, Oct 26: Upbeat with Nepal’s improvement in Doing Business Index of 2020 by 16 notches to 94th in global ranking, the government is setting a target of bringing the ranking below 80th position next year.