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Investment Bank reports 2.3 million missing
Source: RSS NP

Investment Bank reports 2.3 million missing

Nepal Investment Bank has filed a complaint before the police about Rs. 2.3 million missing from its coffers. A complaint has been received stating that the amount went missing with the involvement of the banks staff, said Chief of District Police SP Arjun Chand. Necessary investigation has thus begun at the Kailali branch of the bank. The details about who was involved or when did the cash ...


Nepali workers seeking employment in Malaysia being cheated in name of medical checkup

In the context when reports about Nepali workers aspiring overseas employment becoming the victims of fraud on multiple fronts are common in the media, a Malaysia-based company cheating the Nepali workers entering the Malaysian labour market has come to limelight. The Malaysia-based MiGRAMS Company is unethically charging US dollars 30 equivalent to Rs 3,280 per person from a Nepali foreign jo...


S Korea sees largest protests against President Park Geun-hye

Huge rallies have been held across South Korea for what is thought to be the largest protests so far demanding President Park Geun-hye steps down. Ms Park is accused of allowing her friend, Choi Soon-sil, to manipulate power from behind the scenes. The president has apologised twice, but has so far resisted calls to resign. Organisers said 1.5 million were in Seoul, and another 400,000 in...


14 Nepali migrant workers stranded in UAE, without jobs

As many as 14 Nepali migrant workers have been stranded in the UAE after the company they signed contract with failed to provide them jobs. The migrant workers had come to the UAE for jobs on June 6 and August 3 through flights of the Indian Airlines. They had arrived in the UAE six months ago to work as security guards for Etisalat Facility Management Company. The victims said that th...


Australians urged to 'go home on time'
Source: RSS

Australians urged to 'go home on time'

Economic analysts estimate the average Australian employee works more than four-and-a-half unpaid hours every week. National Go Home On Time Day is a campaign aiming to highlight the amount of unpaid overtime worked in Australia. Analysts at the Australia Institute say its time for workers to stand up against what it calls the theft of their time. On National Go Home On Time Day, employee...


Nepal’s focus should be trade facilitation measures along Nepal-India border
Source: RSS

Nepal’s focus should be trade facilitation measures along Nepal-India border

Is Nepal-India relation back on an even keel after recent exchange of high level political visits? If so, what accounts for the persistent anti-Indian sentiments in Nepal? Why is India not keen on trilateral cooperation? And how will India help Nepal resolve the difficulties surrounding Indias decision to ban 500, 1000 denomination notes? These were among the other issues discussed as Subhash Ghim...


Uncertainty over fate of demonetized Indian notes fuels illegal exchange
Source: RSS

Uncertainty over fate of demonetized Indian notes fuels illegal exchange

When India Prime Minister Narendra Modi withdrew the legal tender of Indian 500 and 1,000 rupee banknotes on November 8, it was meant to curb black Money and corruption, but the move itself has ironically created a new black market -- illegal exchange of those notes held in Nepal. The logic behind the Modis move was that as people exchanging them at authorized bank outlets would have to furnis...


PM Dahal concerned over death of woman in Chaupadi

Prime Minister Pushpa Kamal Dahal has expressed concern over the death of a 21-year-old woman living in a cowshed during her monthly period at Timilsina Village in Achham district. The Office of the Prime Minister and Council of Ministers (OPMCM) on Saturday telephoned Chief District Officer (CDO) of the district, Kushalraj Sharma, and voiced the Prime Ministers concern over the incident. ...


Finance committee discusses Indian govt ban on bank notes with FinMin, NRB governor
Source: RSS

Finance committee discusses Indian govt ban on bank notes with FinMin, NRB governor

The Finance Committee of the Legislature-Parliament on Thursday held a discussion with Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara and Governor of Nepal Rastra Bank (NRB) Chiranjibi Nepal on the latest issues that cropped up after the Indian government banned INR 500 and 1000 bank notes. Deputy Prime Minister and Minister for Finance Krisha Bahadur Mahara, Governor of...


Nepal Festival: Mere momos and dohori or it actually promotes Nepalese culture in Australia?
Source: SouthAsia News

Nepal Festival: Mere momos and dohori or it actually promotes Nepalese culture in Australia?

The first edition of Nepal Festival, a biennial event held in several Australian capital cities, has just concluded in Brisbane. The most important event of the fastest growing migrant community of Australia is hosted by the respective State Coordination Councils (SCCs) of Non-Resident Nepali Association (NRNA), a global body currently presided over by Melbourne-based education tycoon Shesh Ghale....


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