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Nabil Bank to distribute 34pc dividend

Kathmandu, January 8 The 35th annual general meeting of Nabil Bank has approved the proposal to distribute 34 per cent dividend — 22 per cent cash and 12 per cent bonus shares — to its…

Machhapuchchhre’s Customer Care Centre

KATHMANDU: Machhapuchchhre Bank Ltd (MBL) has announced its ‘Machhapuchchhre Customer Care Centre’, a contact easy point of the bank aimed for delivering service excellence to its customers. Machhapuchchhre Bank has launched international level SIP PBS-based…

Jewellers anxious as gold price skyrockets

KATHMANDU, JANUARY 8 The gold price again hit a new record of Rs 76,500 per tola today in the domestic market. Although the gold price had declined by Rs 500 a tola on Tuesday compared…

GLOBAL MARKETS: Asian shares rebound as US and Iran stand down, yen retreats

Safety rush turns to relief rally as Mideast tension ebbs Nikkei adds 2%, Australia hits record closing high Yen slides to two-week low Support for oil and gold hints at caution remaining SINGAPORE: Asian stocks…

World Bank trims 2020 growth forecast amid slow recovery for trade, investment

WASHINGTON: The World Bank on Wednesday trimmed its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery in trade and investment despite cooler trade tensions between the United States and China.…

LBL-F1Soft ink pact | QuikBhuktani

KATHMANDU: Laxmi Bank Ltd (LBL) and F1Soft International have signed an agreement for the execution of invoice discounting service through ‘QuikBhuktani’ platform. ‘QuikBhuktani’ is Nepal’s first online invoice discounting and reverse factoring platform developed by…

60,000 youths to get jobs under PMEP

Kathmandu, January 7 Amid criticism over the failure of the Prime Minister Employment Programme (PMEP), the new leadership at the Ministry of Labour, Employment and Social Security is preparing to revive the programme and has…

Government preparing to set up land bank

Kathmandu, January 7 With an aim to maximise the use of land and increase productivity, the government is gearing up to set up a ‘land bank’. The Ministry of Land Management, Cooperatives and Poverty Alleviation…