• NEPSE starts with a downfall again

  Eveeta, Kathmandu, 21 Feb (Dainikee)

  NEPSE started with a downfall this week as the first day of this week's transaction went down by 0.68 points. The NEPSE index closed at 485.82 last week as it fell to 485.14 points on Sunday.
  
  The banking sector, however showed some positive signs as banking NEPSE rose to 457.54 points from 456.69 points,
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• NRB still looking forward to Cabinet´s decision

  Kathmandu, 17 Feb. (Dainikee)

  The government had to appoint a new governor for the Nepal Rastra Bank whose seat has remain vacant for the past three weeks after the retirement of the ex-governor Bijaya Nath Khanal last month. The government should have finalized the name of a new governor one month before the ongoing governor retires as per the NRB Act.
  
  Three nominees had been shortlisted for the position of NRB governor
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• 12th branch for Kasthmandap Development Bank

  Kathmandu, 12 Feb (Dainikee)

  Kasthmandap Development Bank Ltd has opened its 12th branch in Kalimati. The bank currently has 4 branches in Kathmandu Valley and 7 outside. The new branch will provide all banking services from this branch. Currently the bank has its branch in New Road, Chabahil, Satdobato and Gongabu inside Kathmandu. The bank has its branches in Pokhara, Butwal, Parbat, Myagdi, Chitwan, Solukhumbu and Baglung outside the valley.
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• Nepal Chambers of Commerce serious about security issues

  Kathmandu, 12 Feb (Dainikee)

  The murder of entrepreneur Jamin Shah that occurred on February 7 at Lazimpat has been protested by Nepal Chambers of Commerce. Jamim Shah, the president of Space time Network and managing director of Channel Nepal was murdered on broad daylight by some unknown gunmen.
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• “Naturally Nepal- Nepal Tourism Year 2011”

  Kathmandu, 12 Feb (Dainikee)

  Nepal Tourism Board held the presentation “Naturally Nepal- Nepal Tourism Year 2011” on November 10 at the World Travel Market 2009. Jhabindra Aryal, Charge De’ Affaires, Nepal Embassy, London, spoke about the historical bilateral ties between Nepal and the UK during the event, further promoting Nepal as an attractive tourist destination and sought cooperation from the audience there to help in the attempt of enhancing the holiday spot image amid potential visitors.
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• Japanese Assistance for Micro Irrigation

  Kathmandu, 24 JulyDainikee)

  The Embassy of Japan has decided to extend a grant of USD 48 thousand, 542 equivalent to approximately 3 million, 7 hundred and thirty-eight thousand, 219 Rupees to Nepal Humanitarian Help Organization for the implementation of the Project for Micro Irrigation and Clean Drinking Water in Tanahun District under the Grant Assistance for Grassroots Human Security Projects (GGP) Scheme of the Governm
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• India to provide 30 MW additional power to Nepal

  Kathmandu (PTI)

  India has decided to provide an additional 30 MW of power to Nepal, which is expected to relieve the country of its on-going electricity crisis, affecting its people and industry.
  
  The decision is in connection with Nepalese government's request made in April. Nepal at that time was facing an acute power shortage with up to 18 hours daily load shedding, Indian Embassy sources said.
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• ISAP wants ICT sector regulator

  Kathmandu, 26 June(Dainikee)

  Information Communication Technology (ICT) sector needs a regulatory body. Though there is an electronic regulatory act for the Internet Protocol (IP) sector, for proper authentication it is in need of a regulatory body.
  In the absence of a regulatory body for IPs, electronic services are prone to the chances of Internet hacking and Internet virus.
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• Handicrafts shipped to around 80 countries

  Kathmandu, 13 June(Dainikee)

  Nepali handicraft goods saw an export hike of 17 percent in the first nine months of ongoing fiscal year. Weakening of Nepali currency is the reason behind this growth, noted exporters.
  
  Nepali handicraft goods worth Rs. 2.22 billion have been exported to around 80 different countries between mid-July 2008 and mid-April 2009. These exports stood at Rs. 1.89 billion in the corresponding period last
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• Nepals Development Hampered by Instability, Poor Infrastructure

  KATHMANNDU, 11 June (Dainikee)

  Nepal’s efforts to accelerate economic growth and reduce poverty are being hampered by political instability, poor infrastructure, and other critical obstacles, a new study has found.
  The study, Nepal: Critical Development Constraints, is a collaborative effort by Asian Development Bank (ADB), UK Department for International Development (DFID) and International Labour Organization (ILO).
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