Category: Finance

Kathmandu: Prime Minister KP Sharma Oli has left for Jhapa. Prime Minister Oli left for his home district of Jhapa at 10 am today to lay the foundation stone of the Nepal-China Industrial Park. The Nepal China Friendly Industrial Park to be constructed at the confluence of Damak Municipality, Kamal Village Municipality and Gauradaha Municipality… Continue reading PM Oli to inaugurate country’s largest industrial park

Kathmandu: CDS & Clearing Limited has launched a new website to check the results of the IPO. CDS & Clearing Limited has brought a new website after it could not bear the pressure of looking at the IPO results from the website of the concerned company, the website of the sales manager and the website… Continue reading New website to check IPO results

Kathmandu: The results of the initial public offering (IPO) can now be seen from only three sites. Earlier, the issue of privacy was questioned as there was an arrangement to view the results of the IPO from various media outlets. Addressing the grievances, CDS and Clearing Limited stated that it has changed the regulations so… Continue reading IPO results can now be seen from three sites only

Kathmandu: Any kind of payment from the provident fund of 275,000 government employees across the country will now be made electronically. As the money goes directly to the saver’s account, the savings fund will no longer be credited to the personal account and will be lost, duplicate entries, multiple entries and multiple accounts of the… Continue reading Digital payment for government employees’ provident fund

Kathmandu: The Tatopani checkpoint has been re-opened on Monday after 10 days of gap. According to the Tatopani Customs Office, the traders can now import as many goods as they want from the Tatopani checkpoint after the checkpoint was reopened for a year. The Tatopani Customs Office said Khatri said that the quota of containers… Continue reading Tatopani checkpoint resumes after 10 days

(Business Insider): Elon Musk once again overtook Jeff Bezos to reclaim the title of the wealthiest person on the planet Thursday, according to Bloomberg’s Billionaires Index, thanks to a new SpaceX valuation that bumped its founder’s wealth by another $11 billion. Bloomberg now estimates Musk’s wealth at $200 billion, with Bezos trailing behind at $194… Continue reading Elon Musk is once again the world’s richest person

Kathmandu: The Airline Operators Association of Nepal, an umbrella organization of airlines, has increased air fares along with the rise in the price of aviation fuel. As the Nepal Oil Corporation has decided to increase the price of aviation fuel by Rs. As per the decision, the airline affiliated to the association will implement the… Continue reading Airline operators increase airfare

Kathmandu: The Ministry of Finance has started the preparation of budget for the Fiscal Year 2021/22. Finance Minister Bishnu Prasad Poudel has started collecting opinions and suggestions for the upcoming budget amidst the fluid political situation. In this connection, the Ministry of Finance has taken the opinion of the former finance secretaries regarding the preparation… Continue reading Govt begins preparations for upcoming budget

Kathmandu: Province 1 and Nepal Infrastructure Bank (NIFRA) has reached an agreement on Tuesday with the announcement to move ahead with the development projects put forward by the provincial government. The agreement was reached at a program organized at the Chief Minister’s Office in Biratnagar. In the agreement, the director of the public-private partnership and… Continue reading Infrastructure Bank to cooperate with province 1 for infrastructure development

Kathmandu: The Youth and Small Entrepreneur Self-Employment Fund has put forward five new projects. On Monday, the fund held a press conference and informed about the new projects of the fund. Executive Vice President of the Fund, Kalyan Roka, said that the programs run by the fund will be carried out effectively. He informed that… Continue reading Self-employment fund to implement five new projects