NEWS

NepBay’s ‘Start up Sanibar’
NepBay’s ‘Start up Sanibar’
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May 2: Nepbay Inc Pvt Ltd started “Start up Sanibar” workshop from Saturday 30 April, 2016. Students, people from IT sectors along with specialists have participated in the first workshop that is basically targeted to young and enthusiastic group who want to be entrepreneurs. According to the press release, the workshop will operate on the last Saturday of every English…

Service Center of Mahindra at Jorpati
Service Center of Mahindra at Jorpati
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May 2: Balaju Auto Works, the authorized service center of Mahindra has opened service center at Jorpati. Cabinet Shrestha, Managing Director of Agni group and Arjun Prasad Sharma, Executive Director of Agni group jointly inaugurated the Jorpati Auto Works situated in Dakshindhoka, Jorpati. “The new service center in Jorpati has been established targeting the customers of Jorpati and nearby places,” informs the company. In a press release, it is informed that the car servicing in this service center is done via modern technology. The company, in a press release also informed that on this occasion a free service camp will be organised from May 3 to May 6.…

Online Insurance Information
Online Insurance Information
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May 2: Ebeema.com, an informative web portal in a bid to provide information on various insurance policies offered by insurance service providers has come into operation. The web portal provides information of various insurance policies offered by various insurance companies so that service seekers could compare the policies and select the appropriate one. “The web portal is the first of its’ kind in Nepal,” claims the…

Share Certificate Distribution of Hydroelectricity Development Company

May 2: Distribution of share certificate of Hydroelectricity Investment and Development Company will commence from last week of May. The share certificates distribution program was postponed from mid-April to May end due to technical problems, according to issue manager Citizen Investment Trust (CIT). CIT informs that printing and authentication of share certificates has already been…

Bankers’ Club in Surkhet
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May 2: A Bankers’ Club has been formed in Surkhet under Chairmanship of Branch Manager of Nepal Bank Limited, Padam Bahadur Dhanuk on Sunday. In the club, Krishna Raj Barakoti, Manager of NIC Asia Bank and Jagat Bahadur Thapa, Manager of Kakrebihar Development Bank have been selected as Vice-Chairman and Secretary respectively. Similarly, Narayan Bhandari of Ekata Development Bank and Lok Mani Thapa of Sanima Development Bank have been selected as Vice-Secretary and Treasurer of the club…

Global IME Opens Branch in Damauli
Global IME Opens Branch in Damauli
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May 2: Global IME Bank has opened a new branch in Damauli, Tanahun. Dr Chjiranjibi Nepal, Governor of Nepal Rastra Bank, inaugurated the new branch amid a program on Sunday. After the new opening, the bank has total of 90 branches across the country. In the program, the bank informed that it has collected Rs 64 billion deposit and floated Rs 57 billion loans. Along with its 90 branches, the bank has 10 revenue collection counters, 95 ATMs, 6 extensions counters and 40 branches less banking services.…

MIthila Microfinance Devt Bank's Net Profit Increases 73%
MIthila Microfinance Devt Bank's Net Profit Increases 73%
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May 2: According to the third quarter financial report of current fiscal year, the net profit of Mithila Microfinance Development Bank has increased by 72.97 percent. The growth in net profit of the bank has been attributed by increase in net interest income and operating profit by 82.86 percent and 72.95 percent respectively. The bank has already distributed 20 percent bonus shares endorsed by its AGM on…

US to Host Nepal Exhibition and International Trade Fair
US to Host Nepal Exhibition and International Trade Fair
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May 2: Nepal Exhibition and International Trade Fair will be held in the United States from September 30 to October 2. According to the organiser, World Business Management and Consultant (WBMC), the fair will be organised in Manhattan, New York. WBMC claimed that it will be the biggest trade fair held outside Nepal. As per the organiser, the event will focus on promotion of Nepal made goods in the global market. WBMC informed that merchandise Nepali products including handmade sculptures, pashmina, thangka, Palpali Dhaka, jewelleries and other handicraft items along with agro and farm products, and Nepali coffee will be displayed in…

Century Bank Starts Branchless Banking in Baksila
Century Bank Starts Branchless Banking in Baksila
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May 1 : Century Commercial Bank has started branchless banking service in Baksila, Khotang. The bank initiated the service from April 30 in the area with a branch in the district headquarter Diktel. The service was inaugurated by the Prabesh Lamsal, branch manager of the…

Etihad Posts Best Financial Results to Date
Etihad Posts Best Financial Results to Date
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May 1 : Etihad Airways has announced its strongest annual financial results to date. According to the press statement by national flag carrier of United Arab Emirates, it recorded net profit of USD 103 million on total revenues of USD 9.02 billion in…

Nepal Auto Trade Appointed Gulf Lubricants Distributor
Nepal Auto Trade Appointed Gulf Lubricants Distributor
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May 1 : Nepal Lube Oil, the authorized distributor for Gulf Lubricants in Nepal has appointed Nepal Auto Trade as the distributor for Lalitpur. Organizing a program on April 29, 2016 Karan Chaudhary Director of Nepal Lube Oil has appointed Ram Prasad Kandel the Manager of the Nepal Auto Trade as the…

Diamond Jubilee of Ascent of Manaslu and Lhotse Celebrated
Diamond Jubilee of Ascent of Manaslu and Lhotse Celebrated
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May 1 : Nepal Mountaineering Association (NMA) has celebrated the 60 years (Diamond Jubilee) of ascent of Mt. Manaslu and Mt. Lhotse. “The recommendations provided by experts during the conference will be important in mitigating the effects of climate change in mountain range,” says Vidya Devi Bhandari, the President of…

'Public Procurement Act needs to be implemented'
'Public Procurement Act needs to be implemented'
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May 1 : Construction entrepreneurs have demanded the implementation of Public Procurement Act. Speaking at the 11th general assembly of the Eastern Region Construction Entrepreneurs Association they said that the non- implementation of the act has been causing various troubles.…

Opple's LED Showroom in Putalisadak
Opple's LED Showroom in Putalisadak
  1   51 seconds to read

May 1 : Opple has opened a LED lighting showroom in Putalisadak. It is the first outlet of the Chinese lightning brand in Nepal. GP Trading, the authorised distributor of Opple products in Nepal which is a part of the Triveni Group, launched the new showroom on April…

Handicraft Trade Fair from May 5
Handicraft Trade Fair from May 5
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April 29: The 13th handicraft trade fair and 11th craft competition is going to be held in Kathmandu from 5 May to 9 May. The organiser Federation of Handicraft Association of Nepal (FHAN) has expected Rs 100 million worth of turnover during the event. According to FHAN, the event is being organised to promote Nepali handicraft products. The main attractions of the fair are 11th craft competition, pavilion competition, interaction program on handicraft promotion, foreign pavilion along with different product stalls, informed the association. The stalls in the fair will have different products made from pashmina, stone, paper, bamboo, wood and wool, and…