Business Press

MCC stuck in clutches of the Parliament, 3 billion already spent amidst dilemma of being passed

April 18, 2021

The date for approval of the MCC by the parliament was set on 28th April of the last fiscal year. However, the bill could not be introduced in the parliament after the then ruling party, the Communist Party of Nepal, politicized the issue.

Uncontrolled price hike of up to Rs. 100 in edible oil within a year

Uncontrolled price hike of up to Rs. 100 in edible oil within a year

Glimpse of lockdown in night businesses, silence in the market even at 9 PM

Glimpse of lockdown in night businesses, silence in the market even at 9 PM

Petrol, diesel and kerosene prices rise by 2 rupees

Petrol, diesel and kerosene prices rise by 2 rupees

Citizens Bank customers to get special discounts at Hotel Ambassador

Citizens Bank customers to get special discounts at Hotel Ambassador

Budget expenditure improves, but still remains below target

Budget expenditure improves, but still remains below target

Star hotels still unable to fully revive, occupancy rates remain low 

Star hotels still unable to fully revive, occupancy rates remain low 

Projection by World Bank: GDP of Nepal to increase by 2.7% in 2021/2022

Projection by World Bank: GDP of Nepal to increase by 2.7% in 2021/2022

Accusations of private sector: government not interested in Karnali investment conference

Accusations of private sector: government not interested in Karnali investment conference

Global IME Bank begins branchless banking services in Darbot Bazaar of Rolpa

Global IME Bank begins branchless banking services in Darbot Bazaar of Rolpa

Board of Directors of 8 ‘A’ Class Banks void of women

Board of Directors of 8 ‘A’ Class Banks void of women

Tourist Arrival Management Measures 2077 issued

Tourist Arrival Management Measures 2077 issued

QR codes are everywhere, but how much are they used?

QR codes are everywhere, but how much are they used?

Lockdown in vain: Pandemic continued as economy sank 

Lockdown in vain: Pandemic continued as economy sank 

Nepal’s debt reached Rs 1535 billion, adding Rs 600 billion in three years

Nepal’s debt reached Rs 1535 billion, adding Rs 600 billion in three years

Users of Mobile Banking increasing at lightning speed, arbitrary in fees

Users of Mobile Banking increasing at lightning speed, arbitrary in fees

Bank interest rates announced: most maintain previous rates, Himalayan Bank reduces  

Bank interest rates announced: most maintain previous rates, Himalayan Bank reduces  

Upcoming budget ceiling close to 1800 billion, preparations underway

Upcoming budget ceiling close to 1800 billion, preparations underway

Economic indicators fluctuate with change in base year

Economic indicators fluctuate with change in base year

Relief to Ministry of Finance: Burden of Rs 50 billion reduced

Relief to Ministry of Finance: Burden of Rs 50 billion reduced

Preparation of Land Market begins for real estate transactions to be done from home

Preparation of Land Market begins for real estate transactions to be done from home

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