Author: Himalaya Post

KATHMANDU- JGI Nepal Foundation has provided Rs. 1.5 million to the Nepal Army’s for the Mountain Cleaning Campaign to carry out its work under corporate social responsibility. The campaign is being led by Nepal Army in co-ordination and support from multiple government bodies, private sector, development partners, civil society and implementing partners like Avni Center for Sustainability (ACS). It is one of the biggest Mountain Clean Up Campaigns in the world and aims to clean four mountains; Mt. Everest, Mt. Lhotse, Mt. Manaslu and Mt. Kanchenjunga this year. The goal is to collect 35 tons of waste from these mountains recycle it. The Mountain Clean-up campaign was completed on the World Environment Day i.e. on June 5, 2022. JGI Nepal Foundation has been established by Mr. Vijay Kumar Shah and Jawalakhel Group of Industries to help the community in the areas of education, health, social support, sports, gender equality and...

KATHMANDU –  A business agreement has been signed between Standard Chartered Bank and Unilever Nepal Limited. A business agreement was signed between the two organizations during a ceremony on Sunday. As per the agreement, the bank will provide supply related financial solutions to the distributors of Unilever. Distributors recommended by Unilever Nepal will be able to take advantage of Standard Chartered Bank Nepal (a bank-approved) business financial solution. The agreement is aimed at providing adequate financial resources to small and medium enterprises (distributors) in the bank’s supply-linked financial programs. It covers the entire working capital of the service recipients, which is believed to help distributors, especially in difficult times, such as epidemics, liquidity, etc., to ensure their financial stability. It will also help large corporates implement more sustainable and flexible supply commitments, the bank said. Addressing the signing ceremony, SCB Nepal CEO Anirvan Ghosh Dastidar said that the bank was happy to offer the first such service for Unilever Nepal in the country. “We have a long way to go in our digital journey to ensure a holistic ecosystem for our corporate clients and we are committed to delivering more innovative solutions in the future,” he said. Amlan Mukherjee, Managing Director, UNL, also said that the distributor financial program has enabled UNL to make uninterrupted progress, especially in difficult economic times, adding that it would enliven life. ‘Continuing to...

Kathmandu- National Food Laboratory has been inaugurated in Raxaul, Bihar. In the presence of Agriculture and Livestock Development Minister Mahindra Rai Yadav, Indian Health and Family Welfare Minister Dr. Mansukh Mandavia inaugurated the laboratory. The National Food Laboratory at Raxaul, established by the Food Safety and Standards Authority of India (FSSAI), is a state-of-the-art laboratory equipped with advanced facilities and infrastructure for testing food samples entering India. The laboratory will help increase bilateral trade between India and Nepal by saving time on sampling of Nepal’s food and agricultural exports. At present, these samples have to be sent to Delhi or Kolkata for testing. Nepali traders have been requesting for the construction of an upgraded food laboratory in Raxaul for a long time and now it has been completed. The construction of this food laboratory is another reflection of India’s commitment to improving connectivity, trade and border infrastructure with Nepal in line with the “Neighbor First”...

Kathmandu-  Laxmi Bank Limited has re-launched its environment friendly green savings account. The bank has informed that Laxmi ‘Green Saving’ has been re-launched on the occasion of the 50th World Environment Day. For this, customers can open online account and avail video-KVC banking services through digital medium, the bank said. In addition, customers can avail not only the highest interest rate of 8.03% but also green banking package (mobile money and internet banking) for free. The bank has informed that the bank will plant one tree for each green saving account to support the ‘Go Green’ campaign as per the commitment of ‘One Account, One Tree’ of Lakshmi Bank. In addition, the deposits collected from the Green Savings Account will be used for disbursement of credit to areas and activities under the Sustainable Development Goals including renewable energy, green transport, sustainable food, agriculture, forestry, waste management and greenhouse gas reduction. Through this initiative, Laxmi Bank will continue its sustainable commitment to ‘Orange Loves Green’. Under this commitment, the Bank has also joined ABB (Partnership for Carbon Accounting Financial). Through this partnership, the bank will formally (a) measure its carbon emissions and (b) adopt goals and policies consistent with national commitments that will advance the bank’s net-zero journey. In addition, Laxmi Bank also came up with various offers to encourage customers to adopt green banking through digital banking. On the...