NEWS

Production of Cooking Oil declines by a Quarter 
Production of Cooking Oil declines by a Quarter 
  0   4 minutes 2 seconds to read

May 8: The production of the domestic oil industry has fallen by a quarter since Indonesia banned the export of crude oil amid mounting tensions between Russia and Ukraine.…

Electricity Supply to Industries Resumes after a Week
Electricity Supply to Industries Resumes after a Week
  0   2 minutes 12 seconds to read

May 6: Nepal Electricity Authority (NEA) has started supplying electricity to the industries of Bara-Parsa Industrial Corridor from Wednesday evening after a week-long power…

Himalayan and Everest Insurance Companies opt for Merger
Himalayan and Everest Insurance Companies opt for Merger
  0   2 minutes 38 seconds to read

May 6: Himalayan General Insurance Company Limited and Everest Insurance Company Limited have agreed for a merger under indirect pressure from the Insurance Board to raise their paid-up…

BFIs Unlikely to Meet Credit Expansion Target this Year
BFIs Unlikely to Meet Credit Expansion Target this Year
  0   2 minutes 34 seconds to read

May 5: The credit flow of banks have contracted due to the liquidity crisis in the banking system as well as the policy intervention adopted by Nepal Rastra Bank (NRB).…

Nepali Importers Troubled by Problematic Online Payment System
Nepali Importers Troubled by Problematic Online Payment System
  0   3 minutes 31 seconds to read

May 4: It has already been four months since the Department of Customs launched online payment system mandatory at the Birgunj Dry Port to make the customs clearance process transparent and…