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The recommendation of Royal Commission and Mortgage Broker

Ramesh Bidari (CPA) Associate Member of the FBAA The Royal Commission has released 76 recommendations (publicly released 4th February 2019) to overcome misconduct in the banking, superannuation and financial service industry which would be a guide to the overall sustainable economy. Undoubtedly, there is disappointment on the mortgage broker for …

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Banking Royal Commission’s recommendation: Things that matter

The most anticipated Royal Commission (RC) report in Australian Financials system was made public on 1 February 2019. The report was handed by Kenneth Hayne to Government on Friday. Despite, the cold interaction with treasurer on Friday afternoon, the report had plenty of ammunition to cause firing debate. Leading up …

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Cryptocurrency stocks holding gains despite bitcoin pullback

2017-12-24, Reuters Stocks that surged in recent weeks because of the cryptocurrency mania have managed to hold onto most of their gains despite the recent retreat in the price of bitcoin and scepticism from market participants. A Reuters analysis of 17 stocks of companies that have made blockchain or cryptocurrency …

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Thai Airways celebrate 50 years of service in Nepal

2017-12-05, Sources It has been 50 years since Thai first touched down in Kathmandu Airport. 50 years ago, on December 4, 1968, Thai Airways became the first passenger jet service connecting Nepal to the rest of the world. Initially starting with one flight a week Thai Airwas today serves one …

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Hackers steal money from NIC Asia Bank

2017-10-23, RSS Unidentified cybercriminals have reportedly hacked into the SWIFT system of NIC Asia Bank to steal money, exposing vulnerability in the information technology system of Nepali banks. The Nepal Rastra Bank (NRB), the central bank, has confirmed the reported cyber theft which took place during the Tihar vacation, when …

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Buddha Air to operate international flights from Pokhara

2017-10-12, Sources Buddha Air has officially announced it will be operating international flights from Pokhara using Airbus A320 aircraft after the new airport is completed. The carrier made the announcement at a celebration marking its 20th anniversary on Wednesday. The country’s leading domestic airline also declared that two ATR planes …

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