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Page last updated at 2014-04-17 07:58:45 RSS
  BUSINESS & ECONOMY
  NOC Likely To Get Rs 2.5 Billion Today
       PUSHPA RAJ ACHARYA  
 
    KATHMADU, April 16 : The government has requested Citizens Investment Trust (CIT) and Employees´ Provident Fund (EPF) to lend Rs 2.5 billion to Nepal Oil Corporation (NOC) in order to ease supply of petroleum products.

The cash-strapped NOC had asked the government to arrange Rs 5 billion to clear its outstanding dues to its sole supplier Indian Oil Corporation (IOC).

 
  RBB To Focus On Social Banking
       REPUBLICA  
 
    KATHMANDU, April 16: Rastriya Banijya Bank (RBB) held its annual general meeting for fiscal year 2012/13 on Wednesday, making pledge to focus on social banking.

The meeting chaired by Dr Narahari Dhakal, the chairperson of the bank’s board, unanimously passed the annual report, according to a bank statement.

 
  TBi Holdings To Invest Rs 1 Billion In Tunnel Highway
       REPUBLICA  
 
    KATHMANDU, April 16 : Nepal Purwadhar Bikas Company Limited (NPBCL) on Wednesday signed share purchase agreement worth Rs 1 billion with TBi holdings to develop the Kathmandu-Kulekhani-Hetauda Tunnel Highway.

NPBCL is an infrastructure development company promoted by the private sector. It plans to develop the highway by the end of 2016 as per the agreement that it signed with government in May 2013. The total estimated cost of the project is Rs 35 billion. The ground breaking ceremony of the project was held in November 2013.

 
  Sweet Oranges Worth Rs 220m Exported From Sindhuli
       ANIL BHANDARI  
 
    SINDHULI, April 16: Farmers in Sindhuli sold sweet oranges worth more than Rs 220 million this season.

The district produced more than 10,000 tons of sweet oranges this season, according to Sweet Orange Development Association (SODA) Sindhuli.

 
  Bajra And Bajracharya Extends Offer
       REPUBLICA  
 
   

 
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