Money

NOC demands land for storage plants, pipeline

Post Report, Aug 25 2016

Nepal Oil Corporation (NOC) has demanded the government provide necessary land for the development of two fuel storage plants and Amalekhgunj-Raxual cross-border petroleum pipeline.
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NAC to put Chinese aircraft back in air

Post Report, Aug 25 2016

Nepal Airlines Corporation (NAC) has decided to put its grounded Y12e aircraft back in the air by mid-September in time for the Dashain travel rush.
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Jagadamba launches Rhino 500D steel rebar

Post Report, Aug 25 2016

The Shankar Group’s flagship company Jagadamba Steels has launched a brand new product, Rhino Steel Rebar, in Fe 500D grade with guaranteed ductility in the Nepali market. Rhino 500D is a new generation, high strength and ductile ribbed reinforcement bar.
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Mahindra to unveil flagship motorcycle

Post Report, Aug 25 2016

Mahindra Two Wheelers is slated to roll out a new 300cc motorcycle in Nepal, the company has announced.
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Auto dealers rue lack of bigger exhibition halls

Post Report, Aug 24 2016

As the 11th edition of the Nada Auto Show is set to kick off at Bhrikutimandap in Kathmandu from August 30, automobile dealers have complained about the lack of bigger exhibition halls.
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Banks providing education loans against certificates

Post Report, Aug 24 2016

Commercial banks have started providing education loans against academic certificates in limited numbers to engineering students by signing agreements with the concerned engineering colleges. Banks do not have a policy to issue such loans to all students.
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Govt to allow DoED to issue licences to mid-sized hydros

BIBEK SUBEDI, Aug 24 2016

The government is all set to authorise the Department of Electricity Development (DoED) to award licences to mid-sized hydropower projects in a bid to cut down procedural hassles.
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NEA restores power to Mahendra Manjil

Post Report, Aug 23 2016

The Nepal Electricity Authority (NEA) restored the power supply to Mahendra Manjil on Monday, less than 24 hours after the state-owned utility disconnected the electricity lines to the residence of former Queen Mother Ratna Rajya Laxmi Shah.
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Tanahu hydro: Prequalification of bidders to be done within a month

Post Report, Aug 23 2016

Tanahu Hydropower Limited, a subsidiary of the Nepal Electricity Authority (NEA), is at the final stage of prequalifying bidders for the construction of the Tanahu Hydropower Project.
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18 Valley firms booked for irregularities: Govt

Post Report, Aug 23 2016

As many as 18 firms in the Capital were booked on Monday for selling unhygienic goods, shortchanging customers, operating without registration and obtaining permanent account number (PAN) as the government agencies intensify market monitoring.
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Sebon: Open beneficiary accounts within 3 days

Post Report, Aug 22 2016

Securities Board of Nepal (Sebon) on Sunday directed depository participants and share registrars to open beneficiary accounts within three days and provide Debit Instruction Slips (DIS).
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NEA starts cuting power supply to defaulters

Post Report, Aug 22 2016

Nepal Electricity Authority (NEA) has started to disconnect power supply to defaulters.
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Healthcare firms, food sellers face action

Post Report, Aug 22 2016

A number of food outlets, including CG Mart’s Kalanki outlet, faced action on Sunday as the government intensifies market monitoring ahead of the festive season.
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Standard Chartered official on Nepal visit

Post Report, Aug 22 2016

Ajay Kanwal, regional chief executive of Asean and South Asia of Standard Chartered Bank, is arriving in Nepal on Monday on a two-day visit, Standard Chartered Bank Nepal said in a press release.
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