KATHMANDU, June 28: It seems Nepal faced two blockades in the past two years with the recent one being the diplomatic crisis in Qatar. Nearly five months long economic blockade on Nepal imposed by India immediately after Nepal promulgated its constitution on September 19, 2015 crippled general life and cost a huge loss to country's economy.
KATHMANDU, June 28: Nepal Rastra Bank (NRB) officials have hinted that the central bank may further reduce interest spread for bank and financial institutions (BFIs) from the monetary policy of the upcoming fiscal year 2017/18.
KATHMANDU, June 28: Nepal Rastra Bank (NRB) and the Bank of Korea -- the central bank of South Korea -- have signed a Memorandum of Understanding (MoU) for knowledge partnership program between the two central banks.
KATHMANDU, June 27: A delegation of Federation of Nepal Chamber of Commerce and Industry (FNCCI), led by its President Bhawani Rana, paid a courtesy call on newly appointed Minister for Finance, Gyandendra Bahadur Karki, on Monday.
KATHMANDU, June 27: Laxmi intercontinental Pvt. Ltd, the sole distributor of Hyundai motors in Nepal, has announced to provide 100 percent cash back to one of the 1,500 earthquake victims, who have received taxi number from the government, purchasing Hyundai Eon.
KATHMANDU, June 27: The Government of France has been launching worldwide talks on the agenda of economic development since the past few years with a view to supporting the least developed countries (LDCs) in their development endevours.