Rajendra Man Shakya, Chief Executive Officer of CMB Finance Limited, a versatile and reputed professional in the financial sector of Nepal, spoke to Nepal Business Times regarding the economic scenario, financial and banking sector of Nepal and the progress achieved by CMB over the years. Excerpts: Read More
Shekhar Raj Bastakoti
Nepal’s political development remained a matter of world appreciation after warring Maoists came to the table talk and accepted political main streaming. The leadership of Girija Prasad Koirala Read More
Archive of July 2010
Narayani National Finance posts largest earnings in this month Narayani National Finance Co Ltd (NNFC) posted the largest amount of turnover amongst all the finance companies whose shares were traded in Nepal Stock Exchange (NEPSE) between May 28 to June 27.
Summons sleeved against removal of Khanal’s candidacy A writ has been filed at the Supreme Court (SC) against withdrawal of the motion to elect UML chairman Jhala Nath Khanal to the post of Prime Minister at the legislature parliament. Read More
‘Donors' strict situations are hampering development projects’ Finance Minister Finance Minister Surendra Pandey on Monday lamented that the prime obstacle in spending foreign aid in development projects is stringent conditions imposed by donors.
Govt to raise forbid on migration to Iraq for work today The government is preparing to lift the ban on migration to Iraq for work on Wednesday after US assurance to retain the Nepali workers in Iraq. Read More
NEPSE gained a more 0.35 points Nepal Stock Exchange (Nepse) index on Tuesday gained a mere 0.35 points to end at 462 points.
The benchmark index had moved in the negative territory on both Sunday and Monday.
Main three parties efforts for their own leadership On the last day of the time frame underlined by President for the formation of the national unity government, the three lead parties Nepali Congress, CPN (UML) and Unified CPN Maoist have come together for discussing the formation of the national unity government at the Parliament Secretariat at Singhadurbar. Read More
President Yadab's time frame for the national unity government will end today Sujan Dhungana
The time frame assigned by President Rambaran Yadav for forming a national unity government will end today. After Prime Minister Madav Kumar Nepal' resignation on June 30, the President called on the political parties for forming a national unity government by using the subclause 9 of the clause 38 of the interim constitution of 2006. Read More
Sunrise Bank opened its 37th branch at Surunga Kathmandu: Sunrise Bank on Tuesday opened its 37th branch at Surunga, Jhapa. The new branch aims to provide modern banking access to the area. General manager Suman Neupane said the new branch would promote small and medium enterprises in the region and its surroundings. He said that the bank was committed to identifying new areas of investments and provide banking services Read More
Rastra Bank suspend Finance Institutions upgradation Nepal Rastra Bank (NRB) has halted the upgradation process of three financial institutions to ‘A’ class commercial banks for the time being. The NRB says it will allow the upgradation after making a “certain new policy.” Read More
Aagreement of MRP with French fund Without any wavering, the Ministry of Foreign Affairs (MoFA) on Tuesday decided to award the multi-million dollar contract to print and supply Machine Readable Passport (MRP) copies to France-based Oberthur Technologies. Read More
Midas CAN SofTech 2010 terminates Midas CAN SofTech 2010 terminated on Saturday, recording a turnout of 50,000 visitors in four days. The event, which was organized at DECC Hall at United World Trade Center, Tripureshwar, drew nearly 20,000 visitors on the last day.
Computer Association of Nepal (CAN) officials told that they were satisfied by the Read More
Capital market continues to go downward Nepal Stock Exchange (Nepse) index lost 3.81 points to close at 432.74 points on Sunday-the opening day of weekly share transaction. Of the eight groups that participated in today's trading, the sub-indices of six groups except that of manufacturing and processing and hydropower groups moved in red zone.
36,181 Nepali jobseekers have appeared in KNT A total of 36,181 Nepali jobseekers have appeared in Korean Language Test (KLT) to qualify themselves for the jobs under Read More
Police indifference hitches arrest of land crooks Police have acted slowly in nabbing notorious land dealers, who attempted to take control of 23 public and private housing Read More