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, Jan 30: A high-level task force formed to study the possibility of enrolling workers going for foreign employment in the country’s social security system has recommended to the government to include them in foreign employment provident fund and various social security schemes of the government.
KATHMANDU, Jan 20: The government has disbursed Rs 758.2 million in interest subsidy for loans floated under a concessional credit scheme for certain agricultural and livestock businesses. It bears five percent of the interest for loans disbursed by banks and financial institutions.
KATHMANDU, Dec 26: Nepal Rastra Bank (NRB) has set a limit on the payments that a Nepali national can make in India through electronic cards such as credit, debit and prepaid as well as point of sale (PoS).
KATHMANDU, Dec 14: The International Monetary Fund (IMF) has made an upward revision to its forecast of Nepal’s economic growth rate to 6.5 percent, from 5 percent that it projected in World Economic Outlook published earlier in October.
European Investment Bank (EIB) is the public bank owned by 28 member countries of the European Union. The EIB supports investment in 160 countries worldwide. In Asia, it focuses on support for climate-related investment. Nearly 14 percent of its investment is outside the EU including Asia. The EIB has provided more than 190 million euro for energy investment across Nepal over the last five years.
KATHMANDU, Nov 28: The government has launched a social security scheme that multiple stakeholders have hailed as a 'milestone' in the country's labor relations and social protection for workers employed by the private sector.
KATHMANDU, Nov 18: Criticizing the World Bank Group's Doing Business Report 2019 that sent Nepal's performance in the global ranking five spots down, Minister for Finance Yuba Raj Khatiwada has vowed to make the Washington-based multilateral development bank review its ranking for the country.
KATHMANDU, Oct 30: Nepali workers going to Malaysia will not now have to pay a single rupee . Under a memorandum of understanding signed with Nepal on Monday, Malaysia has agreed to not place any financial burden on Nepalis bound for Malaysia for employment.
KATHMANDU, Oct 13: Though the Nepal Bankers Association (NBA) has decided to lower the cap for commercial banks on deposit rates, banks have shrugged off any suggestion to reduce their lending rate immediately.
KATHMANDU, Oct 12: A sub-committee formed by the parliament's Public Accounts Committee (PAC) has concluded that various government officials and sugar mills had acted colluded to artificially drive up the price of sugar in the market.