NEWS

NT to provide WiMAX service in quake-hit districts
NT to provide WiMAX service in quake-hit districts
  0   2 minutes 6 seconds to read

January 5: Nepal Telecom (NT) has decided to expand WiMAX internet service to earthquake affected districts. The company is providing the broadband internet through WiMAX in eight most affected districts, dividing the project in two…

Muktinath Bikash Bank in 11th year
Muktinath Bikash Bank in 11th year
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January 5: Muktinath Bikash Bank has completed its 10th year of operation. On the occasion of its 10th anniversary, the bank organised a blood donation program in the central office at Prithvi Chowk Pokhara on January 3. "A total of 70 units of blood were collected in the blood donation program," said Bharat Raj Dhakal, CEO of the…

Swabalamban Microfinance to Distribute Bonus Share and Cash Dividend

January 5: Swabalamban Microfinance Development Bank is providing 34 per cent bonus share and 19.68 per cent cash dividend. The bank's recently concluded 15th annual general meeting endorsed a board of directors' proposal of distributing 34 per cent bonus share and 19.68 per cent cash dividend to its…

Prabhu Bank Organises Eye Camp
Prabhu Bank Organises Eye Camp
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January 5: Prabhu Bank has organised free eye check-up camp in Kobang of Mustang. The bank organised the three days camp in co-ordination with Tilganga Eye Hospital in which a total of 150 service seekers diagnosed their eyes for free. According to the bank, it will continue such activities in coming days as well under its corporate social responsibility.…

InFocus M680 Enters Nepali Market
InFocus M680 Enters Nepali Market
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January 5: American Smartphone InFocus M680 has been launched in the Nepali market on the occasion of New Year 2017. Prism Enterprises, the authorised distributor of the phone for Nepal launched the phone in the Nepali…

Ford Endeavour Bags Full-Size SUV of the Year Award
Ford Endeavour Bags Full-Size SUV of the Year Award
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January 5: The new Ford Endeavour won 'Full-Size SUV of the Year 2017' in the NDTV Car and Bike Award. Issuing a press statement, the company said that Ford Endeavour which is launched at the beginning of this year was able to win the award due to its design, styles, features and…

Jagdamba Bags Best Industry 2073 Award
Jagdamba Bags Best Industry 2073 Award
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January 5: Jagadamba Cement Industries has bagged 'Best Industry 2073' award from Rupandehi Industries Association. Presently, Jagadamba Cement is manufacturing and selling OPC, PPC and PSP cements from its two industries-- Jagadamba Cement Industries and Subha Shree Jagadamba Cement Mills). Earlier, Subha Shree Jagadamba Cement Mills was provided NS Quality Award twice by Nepal Quality and Measurement Department.…

NRB to Invest 2.28 Billion in Fixed Deposit
NRB to Invest 2.28 Billion in Fixed Deposit
  0   1 minutes 50 seconds to read

January 5: : Nepal Rastra Bank (NRB) is investing Rs 2.28 billion on 'A' listed commercial banks, 'B' listed national level development banks and 'C' listed national level finance companies. The central bank is investing the funds accumulated in its various trusts as fixed deposits (FD) in the aforementioned banks and financial institutions (BFIs) from January 15 2016 to January 14…

Govt to Establish Industrial Research Centre
Govt to Establish Industrial Research Centre
  0   2 minutes 25 seconds to read

January 4: The government is planning to establish Industrial Research Centre for identifying feasibilities of industrial estates in Nepal. The Ministry of Industry is forming the centre that will analyse matters including suitable industry for investment, availability of raw materials and market…

Mobile App for Passport Form Submission
Mobile App for Passport Form Submission
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January 4- Passport seekers can now apply for it from mobile phone. Department of Passport (DoP) launched the mechanism considering the demand and requirement of the service seekers. The service is made available with the launching of a mobile app from Foreign minister Prakash Sharan Mahat on Tuesday, January…

Newroad Mobile Expo Concludes with Rs 230 mn Transactions
Newroad Mobile Expo Concludes with Rs 230 mn Transactions
  0   1 minutes 1 seconds to read

January 4: Newroad Mobile Expo jointly organised by Nepal Mobile Traders Association concluded on Tuesday. According to the organisers, the one week expo which started on December 28 saw transactions worth Rs 230 million during the period."The event logged sales of about 17,000 units of mobile devices, gadgets and accessories," says, Pursottam Basnet, the Chairman of Nepal Mobile Traders…

Establish Industry, I will provide Electricity: Energy Minister
Establish Industry, I will provide Electricity: Energy Minister
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January 4: Energy Minister Janardan Sharma has committed to provide electricity to new industries established by private sector. Minister Sharma committed so in an interaction program organised with Federation of Nepalese Chamber of commerce and Industries (FNCCI) on January 3. He said that electricity will be given by importing for now and by own produced afterwards. "If an industry is set up today, it will take 1-1.5 years to operate. In the due time, electricity will be provided either by bringing…

Vibor Society Bags 'Best Enterprise' Award
Vibor Society Bags 'Best Enterprise' Award
  0   32 seconds to read

January 4: Vibor Society Development Bank has bagged 'Best Enterprise' award in Summit of Leaders 2016, Socrates Award Ceremony recently held in London. The bank was provided the award by European Business Assembly. Sushil Raj Parajuli, Chairman of the bank and Jhalak Prasad Khanal, CEO of the bank received the award in the…

Siddhartha and Himalayan in Bancassurance Pact
Siddhartha and Himalayan in Bancassurance Pact
  0   22 seconds to read

January 4: Siddhartha Insurance and Himalayan Bank has made a bankcassurance agreement. Birendra Baidbar Chettri, Acting General Manager of Siddhartha and Ashok Samsher Jabara, CEO of the bank signed the agreement paper regarding the matter amid a program on January 3. According to the agreement, customers can get easy insurance services from the co-operation and the partnership will strengthen the business relation between the two institutions.…