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Rohto Mentholatum Nepal marks its 5th anniversary

Rohto Mentholatum Nepal Pvt. Ltd., a leading Japanese pharmaceutical and cosmetics company, has celebrated its 5th Anniversary with a grand ceremony held at Kathmandu Marriott Hotel in Kathmandu recently.   The celebration held in Kathmandu&n…

NRB introduces inter-country payment system

Nepal Rastra Bank (NRB) has introduced an inter-country payment through QR code system. Revising an integrated circular on Thursday, the Foreign Exchange Management Department of Nepal Rastra Bank introduced a system enabling inter-country paymen…

Global IME Bank to take US $25 mln loan from OPEC Fund

The OPEC Fund is set to provide a US $25 million in loan to the Global IME Bank. The agreement in this regard was signed by OPEC Fund Director General Dr. Abdulhamid Alkhalifa and Global IME Bank Chief Executive Officer Ratna Raj Bajracharya…

Gold price down by Rs 700 per tola

The price of gold has gone down by Rs 700 per tola today (Wednesday). The price hallmark gold which remained stable for two days decreased by Rs 700 today to settle at 141,600, according to the Federation of Gold and Silver Dealers Association (F…

Investment of Rs 9 billion raised for Mid Kaligandaki hydro project

Financial management has been assured for the Mid Kaligandaki Hydropower Project that is going to be constructed in the Kaligandaki River. Six commercial banks led by Nabil Bank Ltd are investing Rs 9.12 billion for the 66.3 MW hydropower project be…

Gold price down by Rs 2,700 per tola

The price of gold and silver has decreased in the domestic market today. According to the Federation of Nepal Gold and Silver Dealers’ Associations (FENEGOSIDA), the price of hallmark gold has gone down by Rs 2,700 per tola (11.66 grams) on…

Shree Airlines adds 80-seater to its fleet, lands in Kathmandu after 33-hour delivery flight

Shree Airlines has assigned call sign 9N AOM to its newly procured 80-seater aircraft manufactured by De Havilland Aircraft of Canada (DHcA) (formerly Bombardier). Previously operated by Horizon Air and Alaska Air in the United States, the De Hav…

Nepal's sovereign debt exceeds Rs 2400 billion

Nepal's sovereign debt has exceeded Rs 2400 billion as of mid-June 2024. According to the Public Debt Management Office, Nepal is obliged to pay its public debt amounting to Rs 2400 billion including Rs 1192.48 billion towards the internal debt …

Shree Airlines conducts test flight on Das 8 Q400 aircraft to Bharatpur Airport

Shree Airlines has conducted a successful test flight on a Das 8 Q400 aircraft at Bharatpur Airport on Thursday morning. The test flight has been conducted in order to ease the pressure of passengers traveling to Chitwan, a popular tourist d…

Free fuel for 4 years on the Nissan Magnite SUV

Pioneer Moto Corp. Pvt. Ltd., the authorized distributor of Nissan vehicles for Nepal, has announced an exclusive offer with four years free fuel on the highly sought-after Nissan Magnite. With this scheme, customers will also benefit of free roa…
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