NMB Bank inked the Financial Closure Agreement of Madame Khola Hydropower Project having an installed capacity of 24 MW. The project is located at Madi rural municipality in Gandaki province. The Financial Closure Agreement was signed on August 3 with lead financing from NMB Bank
Xiaomi announced the launch of its two new smartphone models within the budget segment, Redmi 9 and Redmi 9A, in Nepal on July 31.
The Redmi 9 features an all-purpose quad-camera set up with premium camera features including kaleidoscope and palm shutter. The phone has a
As businesses in the nation go online at a determined speed, the Dropmandu app was unveiled as a focused solution to meet the gaps between business and customers. Dropmandu has been recently established a transportation logistics company that answers to a diverse range of commute
After five single chapter releases, Sujeev Shakya’s ‘Arthat Pariwartan’ hits the market as Nepalaya’s first primary eBook released on August 25. An anthology of essays, the book builds up on the premises of Shakya’s previous book Arthat Arthatantra, and goes a few steps forward to diagnose the maladies that
On August 7, City Cargo launched their new app at an event held in the presence of its founders, board members, investors and the company’s employees taking all the precaution measures of social distancing, mask and sanitisation during the launch. The company ensured that Version
NMB Bank signed a Memorandum of Understanding with nCloud to promote digital payment channel in the transport sector. The MoU was signed between CEO of the Bank, Sunil KC and Dipendra Narayan Shrestha, CEO of nCloud.
The agreement seeks to implement digital payment collection system in
Commercial banks across the country have started to take in applications from borrowers to deliver them refinance facilities. The refinance facility has been introduced by the central bank to assist businesses affected by Covid 19 under the provision made in the monetary policy for the
With the Covid 19 outbreak and prolonged lockdown, lives and livelihoods of people globally has been adversely impacted in unprecedented manner. India and Nepal are severely impacted as well. In such trying times, economic cooperation between India and Nepal needs to be further accelerated. For
Nepal Investment Bank Limited (NIBL) bagged the “Award of Recognition” from International Financial Corporation (IFC), a member of the World Bank Group, for “2019 Best Partner in Low Income IDA Countries, South Asia”, for maximum volume of trade finance from Nepal under Global Trade Finance
Huawei surpassed Samsung to become the largest global smartphone distributor in the second quarter of 2020. Even amidst the pandemic, Huawei managed to move a massive 58.8 million smartphones in the second quarter alone. This accomplishment is especially notable in light of the fact that Huawei