AGM of Chhimek Microfinance Development Bank to be held on December 31
Kathmandu December 4-Chhimek Microfiance Development Bank will be convening its 14thAnnual General Meeting (AGM) on December 31 where as announced earlier, 40% of bonus...
Summit Microfinance reports astounding profit rise by 72.43%; EPS stand at Rs.23.86
Kathmandu December 4- Summit Microfinance Development Bank Limited (SMFDB) has reported massive growth in net profit of 72.43 percent for the first quarter of...
Rs. 200 bn idle due to Tarai protests
Kathmandu December 4- Over Rs 200 billion that could be immediately used to rebuild infrastructure damaged by earthquakes and construct hydropower plants, roads or...
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....
