The OPEC Fund for International Development (the OPEC Fund) has signed a US$25 million loan agreement with Global IME Bank Limited to increase access to financing for micro, small, and medium enterprises (MSMEs), including women-owned enterprises, as well as climate-smart projects. OPEC Fund’s loan will help to address significant financing gaps for MSMEs, which make…
Nepal hosted its first-ever Waste Management & Climate Conference (WMCC) at Hotel Soaltee on the occasion of World Environment Day. The event was organized by the Confederation of Nepalese Industries (CNI), The Coca-Cola Foundation, National Human Rights Commission (NHRC), Khaalisisi, Women for Human Rights (WHR), and CNIYEF, uniting key stakeholders to address Nepal’s waste management…
Disagreements have surfaced within the sexual and gender minority community, raising concerns about the transparency and ethical practice of some SGM organisations. Particularly Blue Diamond Society (BDS), the Federation of Sexual and Gender Minorities-Nepal (FSGMN) and Cruiseaids Nepal have been accused of working for their vested interests. They have been charged with violating the principles…
Global IME Bank Limited has launched its 'Digital Universe', a dedicated digital lounge designed to offer a range of automated banking services in Kamaladi, Kathmandu. Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry, and...
The Embassy of Nepal, Yangon organized an event “Nepal-Myanmar Trade Relations: Promoting Software Business” at Chatrium Hotel, Yangon today. The event aimed to promote Nepal’s emerging IT sector - software development and digital services as a potential sector for collaboration...
An agreement letter has been signed between Nepal Bankers Association and Nepal Insurance Association.On behalf of the Nepal Bankers Association, the president of the association Sunil K.C. And Chunki Chhetri, president of the association, signed on behalf of the Nepal...
Monika Maharjan The deposits of the banking system increased by 2 billion rupees in one day. According to the data released by Nepal Rastra Bank today, 2 billion rupees were withdrawn from the banking system on May 9. According to...
Monika Maharjan The online shopping company has updated the return process if a consumer receives an incorrect or damaged package when shopping on daraz.As stated by the company, if a consumer receives an incorrect or faulty package, he or she...
Nepali billionaire Vinod Chaudhary originally got rich by selling noodles. Now he is looking to list the India-based food business of Chaudhary Group on the stock market by 2026. The company based in Gurgaon, India, which has gained fame for...
Global IME Bank Limited has signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to provide advisory services to Global IME Bank across various risk management areas. These services encompass enhancing the operational...
