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NEPSE lost 33.73 points, while investors lost Rs 52 billion from shares trading last week
Published On: May 11, 2024 05:18 PM NPT By: Republica
KATHMANDU, May 11: Nepal Stock Exchange (NEPSE) lost 33.73 points last week with the delay in the government appointing the chairperson of the Securities Board of Nepal and Nepal Rastra Bank delaying for the third quarterly review of the monetary policy 2023/24.
Ten Sherpa members scale Mt Everest
Published On: May 11, 2024 01:10 PM NPT By: Republica
SOLUKHUMBU, May 11: Ten Sherpa members working on rope fixing for the expedition teams ascended the world's tallest peak Mt Everest.
Sinohydro-Sagarmatha Company appeals struggle committee to settle row
Published On: May 11, 2024 11:00 AM NPT By: Republica
KATHMANDU, May 11: The Sinohydro-Sagarmatha Power Company, the developer of the Upper Marsyangdi-A Hydropower Project, has expressed its serious concerns to the demands put forth by Jalgini-Arkhalebesi Road Upgradation Struggle Committee in the project site in Lamjung district.
Govt decides to accept Rs 1.2 billion in grants from WWF
Published On: May 11, 2024 10:00 AM NPT By: Republica
KATHMANDU, May 11: The government has decided to accept around Rs 1.2 billion in grants through the World Wildlife Fund (WWF) to be received from the Global Environment Facility (GEF).
Nepal's banking industry leads the region in female representation: IFC report
Published On: May 11, 2024 08:00 AM NPT By: Republica
KATHMANDU, May 11: With 46 percent female representation in its entry-level workforce, the banking industry in Nepal is ahead of other countries in South Asia in achieving gender parity. However, only 23 percent of senior management roles are held by women, according to a new International Finance Corporation (IFC) report that examines gender diversity at six leading banks in Nepal.
Hyundai launches first 'made in Nepal' vehicle assembly plant in Nawalparasi
Published On: May 10, 2024 09:23 PM NPT By: Republica
KATHMANDU, May 10: Hyundai, a Korean company, has initiated vehicle production in Nepal with the opening of a new assembly plant in Nawalparasi, operated by Laxmi Group, the official dealer for Hyundai in the country.
EU to help Nepal bring investment
Published On: May 10, 2024 08:13 PM NPT By: Republica
KATHMANDU, May 10: The European Union (EU) said it would help Nepal bring in investment.
NTC pays Rs 20 billion to renew license
Published On: May 10, 2024 05:25 PM NPT By: Republica
KATHMANDU, May 10: Nepal Telecom (NTC) has paid Rs 20 billion to the Nepal Telecommunication Authority (NTA) to renew its operating license. This payment covers the renewal fee and was made before the expiration of NTC’s current license.
FNCCI President Dhakal receives ‘Corporate Excellence Award’
Published On: May 10, 2024 04:32 PM NPT By: Republica
KATHMANDU, May 10: Chandra Prasad Dhakal, the president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has been honored with the ‘Corporate Excellence Award’ by the Association of Chartered Accountants of Nepal.
Baglung-Beni road section expansion: Traffic halted for whole day till May 18
Published On: May 10, 2024 02:03 PM NPT By: Republica
GALKOT, May 10: Under the alternative road of the Kaligand corridor, the road connecting Baglung Bazar to Myagdi's Beni will remain closed till May 18.
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