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In Nepal, bankers are learning to fear the loan

Kathmandu, Aug. 13 -- In September 2019, the Central Investigation Bureau (CIB) of Nepal Police arrested 11 employees of the then Bank of Kathmandu, now merged with Global IME Bank Limited, including ... Read More


Rs250 purchase earns Kanchanpur consumer Rs1 million jackpot

Kathmandu, Aug. 7 -- A consumer who bought goods worth just Rs250 from a grocery store in Kanchanpur has won a Rs1 million bumper prize under the government's tax incentive lottery programme aimed at ... Read More


How Nepal's tax lottery works-and how a Rs250 purchase won Rs1 million

Kathmandu, Aug. 7 -- A consumer who spent just Rs250 at a grocery store in Kanchanpur has won the government's Rs1 million bumper prize under its new taxpayer incentive lottery programme, with the fir... Read More


Depositors of 'troubled' cooperatives to get money back but those having cash in other institutes unsure of refund

Kathmandu, Aug. 4 -- The government has begun returning savings to depositors of officially declared troubled cooperatives since mid-May, offering long-awaited relief to thousands of victims. Yet the ... Read More


Policy uncertainty hit economy as stocks and imports suffer most

Kathmandu, Aug. 2 -- Uncertainty in government's economic policies has a significant negative impact on the country's economy, with the stock market and imports among the worst affected. According to... Read More


Policy uncertainty hits economy as stock market and imports suffer most

Kathmandu, Aug. 2 -- Uncertainty in government's economic policies has a significant negative impact on the country's economy, with the stock market and imports among the worst affected. According to... Read More


Policy uncertainty hit economy as stock market and imports suffer most

Kathmandu, Aug. 2 -- Uncertainty in government's economic policies has a significant negative impact on the country's economy, with the stock market and imports among the worst affected. According to... Read More


Policy uncertainty dents national economy, with stock market and imports hit hardest

Kathmandu, Aug. 1 -- Uncertainty in government's economic policies has a significant negative impact on the country's economy, with the stock market and imports among the worst affected. According to... Read More


8 million Demat accounts later, Nepal's stock market is still missing the tools of a modern market

Kathmandu, July 27 -- Nepal's stock market has achieved a notable user milestone, with the total number of beneficiary accounts nearing eight million. Yet behind this rapid surge in public participati... Read More


Government promises education, health tax refunds within 50 days

Kathmandu, July 23 -- The government officially scrapped the three percent equity tax levied through the fiscal budget on education and health services. Government spokesperson Sasmit Pokharel said t... Read More