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Nepal:
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Nepal Investment Bank Ltd inks pact with WireBarley Corp
Aug 20, 2020
KATHMANDU: Nepal Investment Bank Ltd (NIBL) and WireBarley Corp entered into an agreement for remittance service to facilitate Nepali expatriates working in Australia, New Zealand, South Korea and the US to send remittance back home to their families. This service can be used from mobile app or online portal of WireBarley. In this unprecedented pan...
Sushil Bhatta appointed IBN CEO
Aug 4, 2020
KATHMANDU: Sushil Bhatta, a member of the National Planning Commission, has been appointed as the chief executive officer of Investment Board Nepal (IBN). The Cabinet meeting on Monday decided to appoint Bhatta to IBN’s top post which was vacant since then CEO Maha Prasad Adhikari was appointed as the governor of Nepal Rastra Bank on April 6...
Nepal Investment Bank bags ‘Award of Recognition’
Aug 1, 2020
KATHMANDU: Nepal Investment Bank Ltd (NIBL) has bagged an ‘Award of Recognition’ from International Financial Corporation (IFC), a member of the World Bank Group, for ‘2019 Best Partner in Low Income IDA Countries, South Asia’, for maximum volume of trade finance from Nepal under Global Trade Finance Programme (GTFP). IFC ...
Why sexism has festered for so long in Silicon Valley
Jul 9, 2017
In just two weeks, two powerful Silicon Valley investors have resigned from the firms they cofounded after women accused them of sexual harassment. The men, 500 Startups cofounder Dave McClure and Binary Capital cofounder Justin Caldbeck, didn't just cross the line once, according to the allegations. Multiple women -- both employees...
U.S.-Russia Business Ties: 5 things you need to know !
Jul 9, 2017
Trade ties between the world's biggest economy and the largest country on the planet are largely inconsequential. Even before the U.S. slapped sanctions on Russia for its involvement in the conflict in Ukraine, the two sides did relatively little business. Still, some big American companies have a significant presence in Russia...
4 money problems that didn't exist 50 years ago (and how to fix them)
Jul 9, 2017
In many ways, the world is a better place than it was 50 years ago ... but it's certainly more complicated, especially when it comes to personal finance. While the multitude of financial tools we now have at our disposal can be extremely helpful, they can also make our lives considerably more expensive when we make poor choices about them. And eve...
U.S. trade deficit is getting bigger!
Jul 9, 2017
President Trump wants America's trade deficit to get smaller, but it's going in the opposite direction. The deficit through May increased to $233 billion for the year, according to U.S. trade data released on Thursday. That's 13% bigger than the $206 billion deficit over the same time a year ago. Trade will be a central issue during Trump's visit...
China outbound investments shift from energy to technology
Jul 7, 2017
As China's economy shifts away from producer model to one driven increasingly by household consumption, its appetite for foreign acquisitions changed too. Brand and technology rather than energy and commodity are now more favored by China's outbound investments. Chinese companies have been buying up natural resources over the last decade, pour...
China pledges the highest amount at the Investment summit, India the least !
Mar 4, 2017
KATHMANDU, March 3: As the Nepal Investment Summit concluded on Friday, investors from various countries have pledged to invest $ 13.52 billion (more than Rs 1300 billion) in various projects. By the end of the summit, Nepal has received letters of intent worth $13.52 billion for various projects. China is on the top in terms of pledged amount as ...
Nepal suitable for investment, comments Indian Minister
Mar 3, 2017
Indian Finance Minister Arun Jaitley has said that Nepal is a lucrative destination for investment given its immense economic possibilities. Addressing the two-day Nepal Investment Summit organised by the Ministry of Industry and Investment Board of Nepal in the Capital today, the Indian Finance Minister said that India wished to see an economical...
