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COVID anxiety: BFIs to stay shut for five days starting Friday

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…

LetsDoThis Global sets up office in Nepal

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…

New Honda CR-V

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…

Nepal Investment expands operations

KATHMANDU: Nepal Investment Bank Ltd (NIBL) has expanded its operation by opening its 18th and 19th extension counters at Shukuldhoka, Bhaktapur and Machhegaun, Chandragiri ward number nine. The Shukuldhoka extension counter was inaugurated by NIBL…

NMB Bank signs agreement

KATHMANDU: NMB Bank has signed a loan agreement with Bakas Renewable Energy, a company promoted by forestry and environmental professionals in which Business Oxygen (BO2), Nepal’s first international private equity fund with a climate focus…

DoCSCP collects Rs 7.8 million thru penalties

KATHMANDU, OCTOBER 19 The Department of Commerce, Supplies and Consumer Protection (DoCSCP) has collected revenue worth more than Rs 7.8 million during the lockdown period. The revenue was collected from fines imposed on traders and…

Choose goats wisely, advises Kathmandu Metropolitan City

KATHMANDU, OCTOBER 19 As the festive season has started, traders have started bringing live goats and mountain goats in the valley. Considering the health safety, Kathmandu Metropolitan City (KMC) has requested consumers to choose wisely…

Nepal Investment Bank online platform

KATHMANDU: NIBL Ace Capital Ltd, a wholly owned subsidiary of Nepal Investment Bank Ltd (NIBL), has launched the online purchase platform for its open ended mutual fund, NIBL Sahabhagita Fund, the first ever open ended…

Prices of precious metals fall

KATHMANDU, OCTOBER 17 The price of precious metals dropped in the trading week between October 11 and 16 due to fading chances of a stimulus agreement before the US presidential election. According to the Federation…

Benchmark index buckles under quarter-end pressure

KATHMANDU, OCTOBER 17 The week leading up to the end of the first quarter of fiscal year 2020-21 saw a relative lull in the share market, with Nepal Stock Exchange (Nepse) dropping 1.71 per cent…