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 email@example.com
KATHMANDU, Dec 5: Nepal offers $46 billion worth of investment opportunities by 2030 while fully meeting the national climate targets it has set under the Paris Agreement, according to a report by International Finance Corporation (IFC).
KATHMANDU, Nov 24: The government has released a total of Rs 19 billion in expenditures to the Election Commission (EC) as well as various security agencies for the upcoming parliamentary and provincial polls. According to the Ministry of Finance, the EC has already received Rs 10 billion for meeting election-related expenses.
Tao Zhang, deputy managing director of the International Monetary Fund (IMF), is visiting Nepal this week on the invitation of Nepali authorities. The visit of the senior IMF official comes in the wake of a forecast that Nepal's economy will grow at a moderate pace after achieving 7.5 percent of real GDP growth rate in the last fiscal year.
KATHMANDU, Oct 26: The Central Investigation Bureau (CIB) of Nepal Police is likely to take over the investigation into the recent cyber attack against NIC Asia Bank Ltd through the bank's SWIFT system after the Nepal Rastra Bank (NRB) concluded that there was a criminal motive behind the case.
KATHMANDU, Oct 24: Nepal Rastra Bank (NRB) and NIC Asia Bank Ltd have stepped up efforts to prevent possible losses from a recent cyberattack against NIC Asia using the SWIFT electronic money transfer system.
KATHMANDU, Oct 23: Nepal Rastra Bank (NRB) and NIC Asia Bank Ltd have stepped up efforts to prevent possible losses from a recent cyber attack against NIC Asia using the SWIFT electronic money transfer system .
KATHMANDU, Sept 26: A joint meeting of the parliament’s Agriculture and Water Resources Committee (AWRC) and Finance Committee has instructed the government to halt the process of allowing China Gezhouba Group Corporation (CGGC), a Chinese government undertaking, to develop Budhi Gandaki Hydropower Project.
KATHMANDU, Sept 26: A joint meeting of the parliament's Agriculture and Water Resources Committee (AWRC) and Finance Committee has instructed the government to halt the process of allowing China Gezhouba Group Corporation (CGGC), a Chinese government undertaking, to develop Budhi Gandaki Hydropower Project.
KATHMANDU, Sept 24: While the World Bank has recently revised its economic growth forecast for Nepal down to 4.6 percent for the current Fiscal Year 2017/18, partly due to the impact by recent floods, Nepal Rastra Bank (NRB) has, however, played down such worries.
KATHMANDU, Sept 16: Minister of Culture, Tourism and Civil Aviation, Jitendra Narayan Dev, has sought clarifications from Director General Sanjiv Gautam of the Civil Aviation Authority of Nepal (CAAN) in an apparent bid to fire him, and in doing so he is taking sides with a blacklisted Spanish contractor, Constructora Sanjose SA.
KATHMANDU, Sept 10: The two leading umbrella organizations of the private sector are now intensifying their lobbies for the protection of their members of Durbar Marg who have been accused of fleecing consumers by charging exorbitant prices on ‘branded goods’.
KATHMANDU, Aug 31: The government plan to utilize part of the Indian Line of Credit (LoC) of US$ 750 million, or nearly Rs 75 billion, announced in April 2015 faces roadblock as a condition of the LoC requires Nepal to utilize India's content, consultant and contractor services in project funded by such assistance.
KATHMANDU, August 22: The recent incessant monsoon rains, which triggered massive floods in tarai and landslides in other parts of the country, have added an element of uncertainty to the growth outlook for Fiscal Year 2017/18, according to Nepal Rastra Bank (NRB).