NEWS

PC Fighter Wins T20 Interclub Tournament
PC Fighter Wins T20 Interclub Tournament
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January 8: PC Fighter Club has won the T20 Interclub cricket tournament organised by the Embassy of Pakistan in Nepal. Minister of Youth and Sports Daljit Shreepaili distributed trophy and certificates to the players of winning team amid a programme organised by the Embassy on…

Arghakhanchi Cement Organises Meet Program
Arghakhanchi Cement Organises Meet Program
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January 8: Arghakhanchi cement has organised a Meet Program with engineers, retailers and construction entrepreneurs in Myagdi, Parbat and Baglung district on January 4. Bikash Bhattarai, Engineer of the company highlighted about the quality and manufacturing process of Arghakhanchi cement to the participants in the program. Ramesh Thapa, Senior Sales and Marketing Manager of the company committed to carry out excessive marketing of the cement in coming days.…

SEBON to Approve Brokers' Branch Expansion
SEBON to Approve Brokers' Branch Expansion
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January 8: Security Board of Nepal (SEBON) is preparing to give branch (remote work extension) expansion approval to securities brokers. According to SEBON, it is permitting branch expansion so that to minimize the risk of the securities brokers and to give easy service to the investors. Issuing a statement, SEBON said that the permission will be granted for the branch expansion as soon as Nepal Stock Exchange Limited (NEPSE) provides its suggestion and recommendation regarding the matter. Earlier, SEBON during a meeting of NEPSE, CDS and Clearing Limited and representatives of stock brokers held on January 1 had asked to submit the proposal of required groundwork for the…

Minister Sharma Vows to Make All Districts Power Cut Free
Minister Sharma Vows to Make All Districts Power Cut Free
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January 8: Minister for Energy Janardan Sharma has said that his ministry would work rigorously to make districts outside Kathmandu Valley free from power cut. As per this, locals of Lekhnath Municipality of Pokhara have not been bearing the brunt of power cut for the past two…

Only 89 Quake Victims Receive Subsidised Loans
Only 89 Quake Victims Receive Subsidised Loans
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January 8: After the government decided to issue subsidised loans at 2 percent interest rate under the refinancing facility to aid earthquake victims to reconstruct their houses, only 89 victims have received such loans so far. As per a recent NRB data, 28 people last year and 61 victims this year have received the loans from 11 BFIs. They have taken the loans under the refinancing scheme from A, B and C categories from across the…

Regmi Selected Chairman of Stock Broker Association
Regmi Selected Chairman of Stock Broker Association
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January 8: A work committee under the chairmanship of Priya Raj Regmi has been selected for Stock Broker Association. The association unanimously selected a new work committee comprising 10 members on January 7. Bharat Ranabhat was selected vice chairman of the work committee. Similarly, Santosh Mainali, Tanka Prasad Gautam and Dharma Raj Sapkota were selected general secretary, secretary and treasurer of the work committee respectively. Likewise, Raj Kumar Timilsina, Binod Dhakal, Raman Dev Pant, Santosh Poudel and Sanjila Aryal were selected members of the work…

Himalayan Bank Endorses Dividend
Himalayan Bank Endorses Dividend
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January 8: Himalayan Bank is distributing 31.58 per cent dividend to its shareholders. The 24th annual general meeting of the bank held on January 6 approved a proposal of BOD of distributing 30 per cent bonus share and 1.579 per cent cash dividend to its shareholders. The paid-up capital of the bank will reach Rs 5.84 billion after the distribution of bonus share, informed the bank in the AGM. Moreover, in the AGM, the bank informed of collecting deposits of Rs 87.33 billion and extending loan of Rs 69.10 billion by the end of FY…

NB Bank's Branch in Phidim
NB Bank's Branch in Phidim
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January 8: Nepal Bangladesh (NB) Bank has started a branch in Phidim. Gyanendra Prasad Dhungana, CEO of the bank inaugurated the branch amid a function on January 6. "The branch has been started aiming to invest in local projects by collecting deposits locally," he said. The branch is 39th branch of the…

Machhapuchchhre Bank Approves Bonus
Machhapuchchhre Bank Approves Bonus
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January 8: Machhapuchchhre Bank is providing 20.75 per cent bonus share and 1.05 per cent cash dividend. The 18th annual general meeting of the bank held on January 6 in Pokhara endorsed a proposal of issuing the bonus share to its shareholders. Moreover, the meeting also endorsed a proposal of issuing 12 per cent right share maintained after issuance of bonus…

Global IME Organises Rally on 10th Anniversary
Global IME Organises Rally on 10th Anniversary
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January 8: Global IME Bank has organised a rally on the occasion of its 10th anniversary. The rally organised with a main slogan 'Bachat Garaun' in a bid to bring financial literacy marched to Durbarmarg, Ghantaghar, Ratnapark, Shahidgate, Newroadgate, Bir Hospital, Jamal and concluded at Kantipath branch of the…

City Express Winner Gets Land in Kathmandu
City Express Winner Gets Land in Kathmandu
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January 6: Sandilip Kumar Mahato has been named as the bumper prize winner of ‘City Bazaunuhos, Kathmandu Maa Ghaderi Paunuhos’ prize scheme of City Express Money…

 Difur Diaper in the Market
Difur Diaper in the Market
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January 6: Indian multinational healthcare company Dreamax has introduced Difur brand diapers in the Nepali market. The Company…

Subisu in 17th Year
Subisu in 17th Year
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January 6: Cable TV, internet and network service provider Subisu Cablenet has completed 16the year of its operation. On the occasion, the company’s CEO Binay Mohan Saud…

Government Seeks More Clarification from NRA CEO
Government Seeks More Clarification from NRA CEO
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January 6: The government on Thursday has decided to seek more clarification from Chief Executive Officer (CEO) of the National Reconstruction Authority (NRA) Sushil…