Government gearing up to sign ASA with three countries
Kathmandu, July 3
In line with Nepal Airlines Corporation (NAC)’s plans to expand its international services, the government is gearing up to...
Sipradi Trading’s cashless insurance
KATHMANDU: An agreement of cashless insurance has been signed between Sipradi Trading, the sole distributor of Tata Motors for Nepal, and...
NITDB awards contract of Chobhar dry port
Kathmandu, August 18
The Nepal Intermodal Transport Development Board (NITDB) has awarded the construction contract of Chobhar dry port.
NITDB — the government...
Dastidar appointed CEO of SCBNL
KATHMANDU: Anirvan Ghosh Dastidar has been appointed as the director and chief executive officer of Standard Chartered Bank Nepal Ltd (SCBNL) subject to required...
Police arrest Oriental chief Basnet
Kathmandu, April 3
Police today arrested Sudheer Basnet, chief of Oriental Cooperative, which went bankrupt in 2013 after its promoters including Basnet...
NTA chairperson to be appointed through open competition
Kathmandu, August 19
The government has decided to fill the vacant leadership post at Nepal Telecommunications Authority (NTA) through open competition.
The post...
DoFTQC finally starts operating mobile lab van
Kathmandu, March 23
The Department of Food Technology and Quality Control (DoFTQC) has finally brought its mobile laboratory van into operation after...
Tanahu Hydro selects contractors
Kathmandu, July 26
Tanahu Hydropower Company has selected the contractors for major construction works of the 140-megawatt Tanahu hydropower project.
For the first package,...
Govt doesn’t have fiscal space to launch supplementary budget
Economic reforms cannot open the floodgates as in 1990s
On January 1, Rs 102.5 used to fetch a US dollar. Since then, the value of...
Bankers agree to bring down deposit rate
Kathmandu, December 20
Owing to pressure from Nepal Rastra Bank (NRB) and the government, Nepal Bankers’ Association (NBA) — the umbrella organisation...
