Private sector players have asked Nepal Rastra Bank (NRB) to initiate foreign exchange intervention to bring INR 500 and INR 1,000 notes in possession of the public and traders near border areas within the banking channel and provide effective exchange facility at the earliest. Organising
In light of the many challenges faced in the South Asian region in regards to migrant workers, the European Union Delegation to Nepal hosted a regional seminar on "Making Labour Migration Easy and Safe in South Asiaâ€ in Kathmandu, on December 2, with the support
Generation Next Communications, the authorised distributor for Apple in Nepal, has recorded sales of 1,830 units of iPhone 7 and iPhone 7 Plus within three days of its launch in Nepal. "We are quite overwhelmed with the response from the market,â€ claims a GenNext spokesperson.
FMO, the Dutch development bank, has increased its stake in NMB Bank in Nepal. FMO increased its equity investment in the company from 3% to 20%. The investment will contribute to the strengthening of the financial sector in Nepal.
In October 2015, NMB merged via a
IME has been awarded as the "Best Remittance Companyâ€ by Frost and Sullivan, a global consulting firm headquartered in California, USA. Managing Director of IME, Hem Raj Dhakal received the award which was handed over by Upendra Poudel, President of Nepalese Bankers Association at a
The first edition of Mustang Madness, a cross country mountain bike stage race has been organised in upper and lower Mustang, starting from November 24by Sports Nepal in association with Nepal Tourism Board with support from Himalayan Expeditions and Gnarly Biking. The event is held
King‘s College, a leading business school in Kathmandu, has sealed an agreement with Yunus Centre Dhaka, Bangladesh to establish ‘Yunus Social Business Centre (YSBC)‘ at King‘s College, Kathmandu. The Memorandum of Understanding (MoU) signed jointly by Narottam Aryal, Executive Director of King‘s College and Nobel
Hero MotoCorp Ltd. (HMCL), two-wheeler manufacturer, launched three new models of motorcycles- Splendor iSmart 110, Super Splendor125cc and Achiever 150 â€“ that cater to a wide customer base in Nepal on November 21. According to the company press release, the Splendor iSmart 110 is the
Travel is better when experienced together and Qatar Airways is celebrating the spirit of shared journeys with the launch of its first travel together, save together campaign giving 30% per cent off available fares across the airline‘s award-winning First, Business cabins.
Travellers flying in groups of
With existing services to Buenos Aires, Sao Paulo, Bogota, Panama, Toronto, Montreal, Chicago, Houston, Los Angeles, New York, Washington, Boston, San Francisco, Miami and Atlanta Turkish Airlines adds flights to Havana and Caracas as its 16th and 17th destinations in the Americas.
Beginning on December 20th