From Magh 1, all types of insurance companies will be required to conduct payment transactions through bank accounts using an electronic system.
Issuing a circular, the Nepal Insurance Authority has instructed life insurance, non-life insurance, micro-insurance, reinsurance companies, and insurance brokers to make arrangements to mandatorily transfer payments directly to the concerned individual or institution’s bank account through an electronic system starting from Magh 1.
The government has announced a comprehensive revival package for entrepreneurs affected by the devastating Bhotekoshi floods, offering customs duty exemptions, concessional loans, and loan restructuring facilities. The measures...
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The devastating Bhotekoshi-Trishuli flood has disrupted Nepal’s emerging electricity trade with Bangladesh, bringing power exports to a complete halt after key hydropower projects along the Trishuli corridor were...
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Nepal-China trade has increasingly shifted to the Korala checkpoint in Mustang following the closure of the Rasuwagadhi-Kerung border crossing after the devastating Bhotekoshi flood on August 26. Before...
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Maruti Cements Limited has contributed Rs 11.1 million to the Prime Minister’s Relief Fund to support people affected by the devastating Bhotekoshi flood. The cheque was handed over...
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More than Rs 5.20 billion has been collected in the Prime Minister’s Disaster Relief Fund within eight days to support the rescue and relief of victims of the...
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