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
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.
KATHMANDU, Sept 4: Commercial banks that have been earning billions in annual profits are benefitting from grants from Sakchyam, a project funded by the UK’s Department for International Development (DfID) to increase access to finance for the poor.
KATHMANDU, Aug 24: The government has proposed to distribute Food Support Identity Card to people vulnerable to food insecurity. A new bill registered by the government in parliament last week to ensure food security and food sovereignty includes a provision to issue such identification cards to people who are at the risk of food insecurity.
KATHMANDU, Aug 16: The government is mulling over providing social security benefits for Nepali workers going abroad. As the government is moving toward implementing contribution-based pension system for government employees, Nepalis in foreign employment are also likely to be enrolled in social security schemes, including retirement saving plans, according to government officials.