ITEMS PUBLISHED IN June 2009

Govt targets netting 200,000 new taxpayers thumbnail

Govt targets netting 200,000 new taxpayers

In a bid to widen the tax net, the Inland Revenue Department (IRD) is planning to rope in 200,000 new taxpayers ...
Handicraft exports soar despite global slump thumbnail

Handicraft exports soar despite global slump

Despite the worldwide recession, Nepal's handicraft exports have been able to maintain double-digit growth. During the first 11 months of the ...
NRB to liquidate NDB finally thumbnail

NRB to liquidate NDB finally

Nepal Rastra Bank (NRB) has decided to move ahead with the liquidation of the troubled Nepal Development Bank (NDB). A meeting ...
Govt to Reimburse 400mn Banks this Year thumbnail

Govt to Reimburse 400mn Banks this Year

The government is planning to pay within this fiscal year all the money it owes to government-owned banks for getting them ...
ADBL IPO release around Rs. 1Bn thumbnail

ADBL IPO release around Rs. 1Bn

Agriculture Development Bank Limited (ADBL) has sought permission from the Securities Board of Nepal (SEBON) for the issuance of initial public ...
Hoteliers ready to invest more thumbnail

Hoteliers ready to invest more

Hoteliers have pledged to invest heavily in the tourism sector if the government creates a conducive environment. During their meeting with ...
WB gives $89m to ease energy crisis thumbnail

WB gives $89m to ease energy crisis

The World Bank (WB) has approved US$ 89.2 million to support the Nepal government's energy crisis management action plan. The bank's ...
Crystal Shares Oversubscribed nearly 25 times thumbnail

Crystal Shares Oversubscribed nearly 25 times

Crystal Finance has collected of Rs. 200 million till yesterday and expected to collect sum of Rs. 500 million to the ...
EBL begins branchless banking thumbnail

EBL begins branchless banking

In a first in Nepal's banking history, Everest Bank on Wednesday launched a branchless banking service. Its Everest Ghar-Dailo Banking Sewa brings ...
Turks eye hydropower thumbnail

Turks eye hydropower

Turkish businessmen and industrialists have expressed interest to invest in Nepal's hydropower and civil aviation. They have, however, set a number ...

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