SCBNL holds workshop

July 28, 2016 21:02 pm

KATHMANDU, July 28: Standard Chartered Bank Nepal Ltd (SCNBNL) organised a Correspondent Banking Academy Workshop in Kathmandu on Thursday. The workshop -- attended by 82 senior resources of Nepal-based 28 commercial banks -- has an objective to update Nepali banks on emerging risks leading from financial crime and to create awareness around compliance and best practices for mitigation of potential risks.

KATHMANDU, July 28: The US Embassy on Thursday opened a new 'Makerspace' at the embassy-supported Innovation Hub located inside the Federation of Nepalese Chambers of Commerce and Industry building in Teku.

Rain affects domestic flights

July 28, 2016 16:10 pm

KATHMANDU, July 28: The continuous rain since some days back has affected the domestic flights in the country.

Bentley caught under-invoicing

July 28, 2016 08:00 am

KATHMANDU, July 27: A leather wallet costs as much as Rs 4,650 at Durbarmarg-based Bentley The Leather, but the price the importer declared at customs was only Rs 64.

KATHMANDU, July 28: While the government has already set up an economic rehabilitation fund to provide interest subsidy and cheaper credit to businesses and industries battered by the recent Tarai turmoil and last year's earthquakes, there has not been a single demand from private sector for such facility.

KATHMANDU, July 28: The revised Nepal Trade Integration Strategy (NTIS) has set a target of contributing at least 4 percent of gross domestic product by 2020 through export of products and services listed in the country's trade strategy document.

KATHMANDU, July 27: NMB Bank Ltd has said that it will become the lead bank in the consortium loans for Riddhi Siddhi Cement Company.

CNI President appointed IBN member

July 27, 2016 20:56 pm

KATHMANDU, July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as the member of Investment Board Nepal (IBN).

KATHMANDU, July 27: Etihad Airways opened its new first and business class lounge within the Tom Bradley International Terminal at Los Angeles International Airport (LAX) on Tuesday.

KATHMANDU, July 27: Daily turnover in the stock market more than doubled to a record high of Rs 2.78 billion on Tuesday. Average daily turnover in the only bourse in the country has remained at Rs 1.3 billion after mid-January.