KATHMANDU, March 12: Silver Heritage Group has reportedly paid over a billion rupees to local suppliers and vendors for some construction and other works of Tiger Palace Resort through its Hong Kong office.

KATHMANDU, Sept 11: Nabil Bank has announced that it has started importing US dollars directly to meet the requirement of its customers. Nepal Rastra Bank had recently given permission to do so.

KATHMANDU, August 14: Fearing possible uneven distribution of relief materials to the flood-affected people, the government on Monday introduced one-window policy to distribute all relief materials to the victims only through government channel.

KATHMANDU, July 22: Two years after the promulgation of the new constitution, the ruling CPN (Maoist Center) has decided to lobby for a directly elected executive president in the country.

KATHMANDU, March 13: Prime Minister Pushpa Kamal Dahal  has said the directly elected executive system of state governance was his party's main agenda.

While his mother party UCPN (Maoist)—now Maoist Center—abandoned the agenda of directly elected executive head, the chief of Naya Shakti Nepal, Baburam Bhattarai, believes only directly elected executive can guarantee stability in the country. Subhash Ghimire and Mahabir Paudyal met with the former prime minister to get his views on recent exercise to form new government under Maoist leader Pushpa Kamal Dahal.