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As the coronavirus pandemic continues to hammer the world economy, lower income countries like Nepal are in a quandary about whether to allow all business activities to resume while risking a spread of the infection…
KATHMANDU, OCTOBER 21 The government has decided to provide subsidies to the cooperatives that buy paddy from farmers. A Cabinet meeting held on Monday decided to provide subsidy worth of Rs 112 per quintal to…
NEW YORK: Banks and aid agencies have been warning of a pandemic-related plunge in the amount of money sent by migrants to family back home who rely on the income. In a typical year, more…
KATHMANDU: Upendra Prasad Poudyal, the newly appointed chairman of Nabil Bank, took the oath of secrecy on Wednesday with Governor of Nepal Rastra Bank, Maha Prasad Adhikari. The ceremony was carried out virtually on digital…
KATHMANDU, OCTOBER 21 While the adverse impact of coronavirus has been witnessed on various sectors of the economy, it was more pronounced on external trade and credit expansion of banks and financial institutions (BFIs) in…
KATHMANDU: The macroeconomic update unveiled by the Nepal Rastra Bank on Wednesday showed that the consumer price inflation (CPI) in the country accelerated to 4.52 per cent in the second month of this fiscal year…
KATHMANDU, OCTOBER 20 Unlike the delays that used to occur in the previous years, sugar purchased by Salt Trading Corporation (STC) is all set to arrive on Wednesday. As per STC, around 2,500 tonnes of…
KATHMANDU, OCTOBER 20 Banks and financial institutions (BFIs) will remain closed for five days starting from Friday. Due to the upcoming festivals, BFIs will be closed for five days from Friday, thus Nepal Bankers’ Association…
KATHMANDU: LetsDoThis Global — India’s flagship go-to-market engine — has set up an office in Nepal with its very own tech expert, Shiv Kandel heading the business here as the chief executive officer. Fostering a…
KATHMANDU: Syakar Trading Company, the authorised Honda car distributor of Nepal, has introduced new Honda CR-V 2020 with the new IDTEC engine, enhanced performance and luxurious interiors that comprise style, performance and safety at its…
