BIZ BRIEFS Bhattarai Fiji-boundKATHMANDU: Bijayanath Bhattarai, governor of Nepal Rastra Bank on Sunday left for Nadi of Fiji to take part in 40th SEACEN Governors conference and 24th SEACEN board of governors meeting, slated for May 21-June 3. The conference... 29 May, 2005
BIZ BRIEFS India, Iraq businessNEW DELHI: With a new government in Baghdad ready to roll out the red carpet for Indian businessmen, India’s once thriving economic ties with Iraq, which took a hit after the US-led invasion, are poised to bounce back. More Iraqi... 21 May, 2005
RBI governor visits Pak for bankers’ meet Himalayan News ServiceMumbai, May 15:Financial relations between India and Pakistan are set to get a major boost with a rare visit of Reserve Bank of India (RBI) governor Y V Reddy to the country next week.Reddy will leave for Pakistan today for a... 15 May, 2005
BIZ BRIEFS Guv goes to LahoreKATHMANDU: Bijaya Nath Bhattarai, Nepal Rastra Bank governor on Saturday left for Lahore, Pakistan to participate in the 34th annual meeting of Asian Clearing Union (ACU), scheduled for May 16-17. Central bank of India, Pakistan,... 14 May, 2005
Sound monetary policy sought Gopal TiwariKathmandu, May 9:In barely two months’ time, Nepal Rastra Bank (NRB) will come out with the new monetary policy. Meanwhile, NRB has already hinted at intervening in the ‘monetary market’ if commercial banks do not increase interest... 09 May, 2005
NRB discusses NBL contract Kathmandu, September 5: The board meeting of the Nepal Rastra Bank (NRB) continued on Monday to take stock of the reform process in the Nepal Bank Ltd (NBL), which is going on for the past three years. The NRB board meeting may decide on the... 09 May, 2005
LETTERS Praiseworthy commitmentIt is nice to see THT in the new international size. Your commitment towards recycling and preventing deforestation in whatever capacity is indeed praiseworthy. The use of recycled paper should be encouraged in different... 05 May, 2005
Real economic growth at 3.6pc Himalayan News ServiceKathmandu, May 4:Real economic growth, based on real domestic product (GDP) at producers prices, is projected to be 3.6 per cent in the fiscal year 2004-05. According to a press statement issued by the Nepal Rastra Bank (NRB)... 04 May, 2005
NRB celebrates golden jubilee Himalayan News ServiceKathmandu, April 27:Crown Prince Paras today inaugurated the Golden Jubilee Celebrations of Nepal Rastra Bank (NRB) at a special function held by the central bank at its premises today. NRB turned 50 on Wednesday. Speaking on the... 27 Apr, 2005
BIZ BRIEFS UFCL elects new MDKATHMANDU: Board of directors meeting of Union Finance Company Ltd (UFCL) unanimously elected Surendra Bahadur Malla the managing director. The new MD proposed to launch an aggressive image building exercise for the company. —... 24 Apr, 2005
New banknotes to stump counterfeiting Associated PressSeoul, April 18:South Korea will introduce new banknotes next year that are more difficult to copy in a campaign against counterfeiting, the central bank said today. Counterfeiting cases have risen sharply recently, increasing by 50 per... 18 Apr, 2005
LETTERS Balance interest rateI read Raghav D Pant’s article “Emerging problems; capital flight and interest rates” published in THT on April 11 with particular interest. To verify his claims, I checked the fixed saving rates on deposits offered by banks... 17 Apr, 2005
