Star hotels resort to traditional cooking methods as fuel crisis deepens
Kathmandu December 4- As the country continues to reel under crippling fuel shortage, including of cooking gas, hotels have had no other choice than...
NRB Bonds to hit market in a month
Kathmandu December 4- Nepal Rastra Bank (NRB), the central monetary authority, will soon float NRB Bonds in the market to mop up excess liquidity...
NEA increases load shedding hours
Kathmandu December 3- The Nepal Electricity Authority has increased load shedding to nine-and-a-half hours a day and 56 hours in a week.
Issuing a statement...
Sunsari-Morang factories suffer over Rs. 15 billion losses
Kathmandu December 3- Factories located on the Morang-Sunsari Corridor have suffered losses totalling Rs15.95 billion during the past 105 days due to production disruptions...
Officials call for opening trade routes with China
Kathmandu December 3- In the wake of Indian blockade, Government has been exploring different ways to diversify trade for which opening more trade routes...
Prabhu and NESDO signed agreement regarding remittance
Kathmandu December 3- A memorandum of agreement has been signed between Prabhu money transfer and National Educational and Social Development Agency (NESDO) to provide...
Jhimruk Development Bank proposed of 22% bonus share
Kathmandu December 3- Central office located at Pyuthan, Jhimruk Development Bank proposed to distribute 22.196% bonus share from the profit earned during FY 2071/72....
NRNA provides free medicines to hospitals of Janakpur, Birgunj and Butwal
Kathmandu December 2- The Non-Resident Nepali Association (NRNA) has provided free medicines to regional and zonal hospitals in Janakpur, Birgunj and Butwal.
The NRNA’s gesture...
NLG Insurance proposed of 21% dividend
Kathmandu December 2- BOD meeting held on December 1 of NLG insurance proposed of 17.113% bonus share and 3.939% cash dividend to be distributed...
NMB Bank earned net profit of Rs. 142 million in first quarter
Kathmandu December 2- with the paid up capital of Rs. 2 billion 40 million, NMB bank has succeeded to earn Rs. 142 million 855...