Economy

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...

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