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Construction of the Outer Ring Road to Take Pace

Construction of the Outer Ring Road to Take Pace
Published on: 2017-06-02         187 views

June 2: The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start. . . Read More »


Private Sector Dissatisfied With the Budget

Published on: 2017-06-02         203 views

June 2: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year. . . Read More »


Long Road Ahead for Life Insurance Companies to meet Minimum Capital Requirement

Long Road Ahead for Life Insurance Companies to meet Minimum Capital Requirement
Published on: 2017-06-02         167 views

June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has. . . Read More »


Mundul Resigns from SCBN

Mundul Resigns from SCBN
Published on: 2017-06-02         230 views

June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director.. . . Read More »


Yeti Devt Bank Conducts Financial Literacy Program

Yeti Devt Bank Conducts Financial Literacy Program
Published on: 2017-06-02         130 views

June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan ‘Jodaun Ek Nata, Kholi Bankma Khata’ organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were. . . Read More »


Global IME’s ATM outlet in Lumbini

Global IME’s ATM outlet in Lumbini
Published on: 2017-06-02         122 views

June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking. . . Read More »


Guheshwori Merchant Banking Appoints NIBL Capital as Issue Manager

Guheshwori Merchant Banking Appoints NIBL Capital as Issue Manager
Published on: 2017-06-02         129 views

June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement.. . . Read More »


Qatar Airways Offers Iftar Boxes on Ramadan

Qatar Airways Offers Iftar Boxes on Ramadan
Published on: 2017-06-01         154 views

June 1: Qatar Airways has offered an Iftar meal box “infused with a traditional Middle Eastern twist” to the passengers who fast during the holy month of. . . Read More »


Classic Tech Solid Offer

Classic Tech Solid Offer
Published on: 2017-06-01         175 views

June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press. . . Read More »


Mahindra KUV 100 in Nepali Market

Mahindra KUV 100 in Nepali Market
Published on: 2017-06-01         141 views

June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali. . . Read More »


Tata Exchange Offer Concludes

Tata Exchange Offer Concludes
Published on: 2017-06-01         139 views

June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May. . . Read More »


ADB Expands Advance Banking Services Nationwide

ADB Expands Advance Banking Services Nationwide
Published on: 2017-06-01         142 views

June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its. . . Read More »


Century Bank to acquire Seti Finance

Century Bank to acquire Seti Finance
Published on: 2017-06-01         145 views

June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May. . . Read More »


Sunrise Bank’s Branch at Hetauda

Sunrise Bank’s Branch at Hetauda
Published on: 2017-06-01         127 views

June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May. . . Read More »


Jyoti Bikas Bank Opens Three Branches at Once

Jyoti Bikas Bank Opens Three Branches at Once
Published on: 2017-06-01         105 views

June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of. . . Read More »


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Elections and Blessings

Elections and Blessings

By Madan Lamsal

On a Tuesday before the recently held first phase local elections, the roads were choked with traffic jams everywhere in the valley. After an enquiry, it was revealed that the jams were caused by the long queues of the aspiring candidates and their supporters who had gathered around government . . . read more »