Time to quit WhatsApp?

On January 7, 2021, Elon Musk tweeted “Use the Signal“. A few days before this tweet, WhatsApp updated its privacy policy detailing how the popular messaging service, adopted by many for its privacy, will share critical users Facebook information. This WhatsApp update raised many data privacy concerns among its users, partly because of Facebook‘s infamy in this regard and the…

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Nepal to build four new economic zones on the borders with India and China

Nepal plans to build two cross-border economic zones on the border with India and two on the northern border with China as part of the effort to develop economic corridors that will connect the two immediate neighbors. Preliminary works have started for the construction of Dodhara-Chandani economic zones in Kanchanpur and Jogbani in Morang which will be connected to economic…

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Top 10 Most Valuable Companies Of Nepal

The table below shows the list of top ten companies of Nepal based on market capitalization. We have included the companies listed and traded in Nepal Stock Exchange (Nepse). Commercial Banks occupy 6 out of 10 spots in the highest market capitalization category. You May Also Like: 15 Best Blue Chip Shares To Buy In Nepal Financial Analysis of Commercial…

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The Foreign Employment Department instructs recruitment agencies not to have passports

Last week two men in their early twenties visited Kathmandu looking for jobs abroad. The duo from Mahottari, one of the five most important source districts in the country for migrant workers, were promised jobs in Qatar. “The agent took us to a recruitment agency for an interview,“ said P., who wanted to be identified by his initials because he…

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Draft e-commerce bill is finally prepared, but has too many bugs

As of late Manish Ghimire of Maharajgunj, Kathmandu purchased a steam vaporiser from a notable internet business stage for Rs1,500. He later found that the vaporiser he purchased was accessible at Rs1,000 on the lookout. “I bought the vaporiser online in light of the fact that a limited cost was offered and I thought it merited purchasing,” Ghimire told the…

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Not many takers appear for advances under Business Continuity Credit Plan

Sanima Bank a week ago affirmed an advance worth around Rs10 million for an inn under the public authority’s Business Continuity Credit Plan. The plan permits miniature, little and medium undertakings and the travel industry organizations left credit only by Covid-19 to acquire assets to pay their representatives. Borrowers need to pay 5 percent interest the main year and 6…

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As India seeks ban, Domestic steel and iron prices rise? Truth

  Agents from the steel and iron mineral areas, remembering the fashioning business for India, have been asking their administration to force a prohibition on steel and iron fares to Nepal. Therefore, the steel and iron costs have expanded in the homegrown market however homegrown steel makers and contractual workers are trusting that India won’t force the boycott, as Nepal…

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Covid-19 pandemic drives away potential foreign investors Nepal

Unfamiliar direct speculation vows to Nepal in the initial five months of the current monetary year 2020-21 saw a precarious year-on-year drop of 22.88 percent, which the Department of Industry accused on the Covid flare-up. As per the division, speculation responsibilities totalled Rs21.11 billion during the period mid-July to mid-December. Authorities said 108 firms demonstrated a premium in putting resources…

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Exports have increased five percent in the first five months of current fiscal year 2020/21

KATHMANDU: Exports have expanded five percent in the initial five months of current monetary year 2020/21 when contrasted with the past fy 2019/20 information, Department of Customs appeared. Fare of Rs 50.5 billion have been made in this period, which is a 5.12 percent expansion when contrasted with the past FY’s Rs 47.61 billion. Also, import has diminished by around…

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