Author: Himalaya Post

NRB Governor and World Bank Group hold consultations

Posted by | Oct 21, 2020 | ,

Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has informed the International Monetary Fund and the World Bank Group on the effect of COVID-19 on Nepal’s economy and the financial sector as well as on the policy provisions adopted to mitigate it. The central bank stated this in a press release on Tuesday. It stated that Governor Adhikari participated in the annual joint meeting of IMF and the World Bank Group through online and informed about the positive practices being done in Nepal. Governor Adhikari attended the virtual meeting held from October 12 to 18. He thanked the IMF for its economic and technical support to Nepal’s development process. Likewise, Governor Adhikari held discussions with Alfonso Garcia, the Vice President of the International Financial Corporation (IFC)’s Asia pacific Region. On the occasion, the IFC vice president inquired about the institutional restructuring of Nepal’s financial sector, enhancement of the fiscal capacity, investments in the hydropower sector and issuing bonds in domestic currency, among other topics. The NRB Governor also participated in the discussions held on October 15 while during the virtual side meeting with the IMF representatives on October 16 he discussed on the adverse impact of COVID-19 on the country’s economy and public health. NRB Economic Research Department Executive Director and Spokesman, Dr Gunakar Bhatta participated in the meeting with IMF’s Monetary and Capital Market Department through virtual means...

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Responsibility to Clients, No Compromise to Quality : Gorkha Brewery

Posted by | Oct 20, 2020 | ,

Kathmandu – Gorkha Brewery has clarified that there is no compromise in Brewery’s quality products. Deputy managing director Surendra Silwal has informed that there is no any harmful deed has been performed against public health. Silwal added, Beer is prepared under the recipe designed by the specialist to CarlesBerg Company. Quality reduction isn’t under our capacity. Lab tests goes every day and samples are being tested even from the market after its dispatch regularly to be attentive to public health. “Carlesberg Company follows the strict protocol to continue its 200 years faith in quality. So they recruit their agents” He added “we ourselves are responsible to the clients, we cannot go against public will.” “Some are trying to make us infamous by extending not existing matters regarding to the quality of our products.” He urges not to be...

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Child dies after drowning in river

Posted by | Oct 18, 2020 | ,

A child has died after being swept away by the Bhimgothe river in Badigad rural municipality in the district. The deceased has been identified as seven-year-old Anup, the son of Anuj KC, a resident of ward no. 7 in the rural municipality, according to deputy superintendent of police Rajendra Regmi, information officer of the District Police Office, Baglung. The boy had gone for a swim in the river on Saturday when he was swept away. Locals and police rescued him some two kilometers downstream, but he died during treatment at the local polyclinic....

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Innovations in Business : Indispensable for Global Market Intervention

Posted by | Oct 15, 2020 | ,

– Hari Om Sharma Nepal is an amazingly complete God gifted gorgeous nations in South Asia, where are so many unbelievable imagine places with own theirs identity. Nepal is a multi-religious, multi-lingual and a multi cultural country in south Asia, situated on the lap of the Himalayas. Globalization offers to Nepal, introducing to the world with the preamble of Nepalese culture through business activities. The overall responsibility of developing culture goes to business organizations in terms of adopting and transmitting Nepalese culture throughout the world with business activities. Technological and digital innovations are strengthening for the growth of production which results to the economic viable in the world. Though every factor of production is enhanced to frontward hoping the fulfillment of economic vision but due to many unavoidable circumstances, Nepalese economy is facing many challenges which resist for the overall development of Nepal. In today’s challenging economy and a changing business landscape, it is more important than ever for Nepalese business organizations to focus on their critical business issues in Nepal. Every industry is faced with a different set of challenges in Nepal, few of which are common across all the industries.  Organizations are getting difficult to develop higher-value products, services, and marketing campaigns which are more effective in an increasingly competitive marketplace. All those difficulties can be minimized through the creativity and vision with the hope of reaching...

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Eleven persons arrested with muzzle loaders

Posted by | Oct 15, 2020 | ,

Police here have arrested 11 persons along with as many home-made guns. Police made the arrests on the basis of a photo a child had unknowingly uploaded in the social site from his parent’s mobile phone. These people were held from Tamankhola rural municipality, ward no 2 of west Baglung. The area Police Office Burtibang carried out a raid at the locality on Tuesday night after looking at the photo uploaded in the social networking site. Police have continued the raid on suspicion of confiscating more such illegal firearms on the basis of the information given by the arrested persons. Meanwhile, the Area Police Office Burtibang has arrested 10 persons when they were slaughtering oxen at Khaptaribang of Dhorpatan Municipality-2....

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