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Showing posts from June, 2010
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  What is Cryptocurrency and how does it work? Cryptocurrency – meaning and definition Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units. What is cryptocurrency? Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets. Cryptocurrency received its name because it uses  enc...
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Profile

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COMEN First state-of-the art commodities & Metal Exchange Nepal Ltd. set up as Public Institutions: COMEN While various integral aspects of commodity economy, viz., warehousing, cooperatives, private and public sector marketing of agricultural commodities, research and training were adequately addressed in structuring the Exchange. Today, COMEN is the only Exchange in Nepal to have such investment and technical support from the commodity relevant institutions. These institutions are represented on the Board of Directors of the Exchange and also on various committees set up by the Exchange to ensure good corporate governance. Some of them have also lent their personnel to provide technical support to the Exchange management. The day-to-day operations of the Exchange are managed by the experienced and qualified professionals with impeccable integrity and expertise. None of them have any trading interest. The structure of COMEN is impossible to replicate in Nepal. COMEN is unique in m...
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BUSINESS AND ECONOMY

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Affordable apartments REPUBLICA KATHMANDU, June 21: About even two months back, finding affordable housing apartments at around Rs 3 million in the capital was a nerve-racking task. There were only two or three housing developers that targeted the middle class due to comparatively low profit margin. Yet at a time when realty loans are hard to come by, the middle class has been the focus of housing developers. It started with the launching of Eastern Apartments at Kaushaltar, Bhaktapur by Ayusha Developers of Oriental Group. The venture received a good response, with more than 50 percent of the total apartments booked by the second day of booking. After Eastern Apartments, a few more low cost housing projects were launched, notably Mero City and Downtown Apartments. As more developers are targeting the middle class, you can now get one bedroom (BR) apartments starting from Rs 1.48 million to less then Rs 3.9 million, 2 BR in the range of Rs 1.38 million to Rs 5.3 million and 3 BR a...
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