Stories By 'BIBEK SUBEDI'
Bankers have denounced the central bank’s recently introduced policy which asked banks and financial institutions to adopt a new formula to calculate the spread rate at which they are allowed to operate by the regulator.
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Following the footsteps of Melamchi Water Supply Development Board, Tanahu Hydropower Limited — the developer of Tanahu Hydropower Project — has terminated the contract signed with Cooperativa Muratori e Cementisti di Ravenna
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The much awaited Kulekhani-3 Hydropower Project has again missed its completion deadline of January 2019 due to the dillydallying by a Chinese contractor hired for the job.
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The government has decided to table the compact signed with Millennium Challenge Corporation, an independent US government agency, in Parliament for ratification Endorsement of the compact by the House will pave the way for the implementation of a $630 million US government-funded project to build a 300-km-long 400 kV transmission line and upgrade 305 km of roads
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The Federation of Nepalese Chambers of Commerce and Industry said it took ownership of the protest movement being carried out by its member associations against high bank interest rates on business loans.
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Tanahu Hydropower Limited, the developer of the Tanahu Hydropower Project, is mulling to fire Cooperativa Muratori e Cementisti di Ravenna for being a no-show. The Italian contractor was supposed to send workers to the construction site and start work by February 11, 2019, but it has not done so.
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