Author: Himalaya Post

NS mark to 25 foreign goods

Kathmandu– The Nepal Bureau of Standards and Metrology has granted Nepal Standard (NS) mark to 25 goods produced by foreign industries. In the previous fiscal year 2017/18, the Bureau awarded the NS mark to 25 goods produced by 20 Indian and Chinese industries. Of them, 13 are cement produced by eight industries, two composite cylinder, three LPG cylinder, three LPG valve, three iron bar and one LPG regulator, according to the Bureau sources. The Bureau began awarding NS symbols to goods produced by foreign countries since last year. “The number of foreign industries acquiring NS mark is increasing gradually,” said the Bureau Director General Biswababu...

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Three houses buried in landslide

Jajarkot– Three houses were buried in a landslide that took place this morning below Thanti bazaar in ward no. 3 of Bheri municipality. Occupants of the houses on the road leading to Pani Naula from Thanti bazaar are suspected to have been buried in the incident. Police are currently carrying out rescue work with the help of locals. Meanwhile, Chair of Junichande rural municipality Krishna Bahadur KC has provided financial assistance to the families who lost their loved ones in mudslide. Two people were killed and three injured after a house was buried in a landslide at Garkhakot Chirka in ward no. 6 of the rural municipality. Chair KC donated Rs. 25,000 on his personal behalf to Harka Bahadur Budha who was injured in the incident, along with his two children. He also promised further financial support for their treatment, if needed to be taken outside the district. The district natural relief committee has already provided Rs. 216,000 to the landslide victim families. In the incident, 55-year-old Lali Budha and his nine-year-old granddaughter Srijana Budha were...

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Traffic resumes in Narayangadh-Muglin road

Chitwan–  Traffic along the Narayangadh-Muglin road has resumed. It had come to a halt since 10:25 pm last night due to landslide. The road was obstructed due to a landslide at Ghumaune in ward no. 29 of Bharatpur metropolis. Clearing of the debris of the landslide could not take place during the night and it was cleared this morning. The road was opened for traffic at 9:15 am, just a while ago, District Police Office, Chitwan said. The road is being continuously obstructed at the same location for the past few days. On Saturday, landslides at Ghumaune obstructed traffic for four hours. Travellers have suffered due to repeated obstruction on the busy road, due to landslides triggered by heavy rainfall since the past three...

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Reconstruction of Durbar High School begins with the China Aid

Kathmandu–  The commencement ceremony of China Aid Kathmandu Durbar High School (Bhanu Secondary School) Reconstruction Project was held in Kathmandu. Mrs. Yu Hong Chinese Ambassador  to Nepal  and Minister of Education, Science ant Technology Mr. Giriraj Mani Pokhrel attended to the  ceremony and unveiled the Project. Other attending guests include: Economic and Commercial Counsellor of the Embassy of China to Nepal Mr. Zhang Fan, Secretary of Ministry of Education, Science ant Technology Mr. Khagaraj Baral, Principal of Durbar High School Mr. Hem Chandra Mahato and Representatives from relevant ministries and departments of the Government of Nepal, representatives of Chinese Project construction Teams, represntatives of Chinese Enterprise Association in N epoal and other China Aid Projects in Nepal were Also participated. Ambassador Yu Hong said in her speech that Prime Minister  Oli’s recent successful visit to china opened a new chapter for the nepal china  comprehensive partnership partnership of cooperation featuring ever-lasting friendship. The Chinese government will continue to provide help to Nepal’s economic and social development within its capacity,  promote post-disaster reconstruction projects actively, provide more government scholarships and training opportunities for the Nepal side. Strengthen exchanges and cooperation in education, and people-to-people relations, and wish Nepal to realize the goal of ‘Samriddha Nepal, Sukhi Nepal’ as soon as possible. Ambassador Yu Hong expressed hopes that the school construction will be supported to cooperated by all related sides, and requested...

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Government and DFID Extend UKaid Sakchyam : Leadership Transition Comes into Full Effect

August 3, Kathmandu – The Government of Nepal and Department for International Development (DFID) have completed formalities to extend the UKaid Sakchyam Access to Finance Programme (Sakchyam) until August, 2020. Sakchyam has been working alongside the Ministry of Finance, the Nepal Rastra Bank, Beema Samiti and the financial services industry on the modernization of payment systems; expansion in remote areas, and heralding exciting innovations in mobile financial services, alternate credit scoring; micro-insurance and value chain financing, among others. To date, Sakchyam has reached more than 350,000 beneficiaries through its various interventions, out of which 62% have been women. 113 new branches and 14 extension counters of banks and financial institutions have been established in remote locations to enable access to financial services for underserved/unbanked communities. Together, these branches and extension counters have opened more than 350,000 new accounts, mobilized NPR5.9 billion in deposits and disbursed NPR11.5 billion in loans. Sakchyam has also introduced innovation financial products – such as Weather Based Index Insurance and Sugarcane Invoice Discounting – benefitting over 3,000 farmers and the first women-led technology campaign (Digital Mahila) in the microfinance industry in Nepal. The programme has also helped establish more than 240 Branchless Banking (BLB) touchpoints and partnered with seven MFIs to introduce tablet banking in rural communities. We are also pleased to announce the completion in the transition to new leadership of the Sakchyam project. Mr....

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