KATHMANDU, Aug 19: Recent inspections conducted by different government agencies lay bare the extent of anomalies in the market. Food producers and traders are openly fleecing consumers in terms of quantity and quality.
POKHARA, July 26: Pokhara has always remained a lucrative destination for private airlines. They operate about a dozen flights to the lake city on a daily basis. But the same route has failed to attract Nepal Airlines Corporation (NAC).
KATHMANDU, July 25: In just nine months of his appointment as the chairman of Securities Board of Nepal (Sebon), Rewat Bahadur Karki has initiated number of reform measures in the securities market. Full-fledged implementation of dematerialized trading system, allowing investors to get access to market depth, and halving the brokerage commission are some of the notable initiatives taken by Sebon under Karki's leadership. Sagar Ghimire of Republica, talked with Karki on overall securities market, problems and his future plans. Excerpt:
KATHMANDU, July 14 In a bid to tighten the flow of finance from the banking sector to the stock market, Nepal Rastra Bank (NRB) has revised the policy to float loans of banks and financial institutions (BFIs) against the shares pledge. Issuing the monetary policy for the fiscal year 2016/17 today, NRB Governor Chiranjibi Nepal announced the revision on the valuation of the shares which banks accept as collateral to float their loans.
KATHMANDU, July 14: Nepal Rastra Bank (NRB) is likely to backtrack from its preparation to restrict flow of fund to the share market from the bank and financial institutions (BFIs) following sudden fall in price of securities in the last two days.
KATHMANDU, July 14: There is a state of lawlessness in the market as state agencies are becoming increasingly unable to take action against wrongdoers. Market regulators have been reduced to mere spectators as traders and market cartels continue to take advantage of weak laws and government laxity.
JANAKPUR, June 28: A significant number of unskilled manpower leave the country every year for the global labor market, putting their lives at risk, participants of a program organized here Monday said.