April 2012

Major electronic dealers have reported a rise in demand for household products with the onset of the wedding season. Traders said that sales have gone up by 35 to 40 percent compared…
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The fiercely competitive small car segment is set to heat up with two new hatchbacks hitting the market. While MAW Enterprises, the sole authorised distributor of Skoda, has taken the…
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The Nepalese economy is likely to grow by 4.5 per cent in 2012 as contrary to 3.5 per cent growth of last year, according to Asian Development Outlook 2012 (ADO 2012) launched by the…
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Thai Airways International (THAI) has offered reliable fares and various facilities to its passengers on the occasions of Nepalese New Year and Songkran Festival in Thailand. The…
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Nepal Telecom (NT) is making it easier for pre-paid mobile users to subscribe 3G service. From Sunday onwards, NT’s pre-paid mobile subscribers will not have to change their phone…
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The gross foreign exchange reserves surged by 32.3 per cent to Rs 360.14 billion in mid-February from a level of Rs 272.15 billion as at mid-July 2011, according to Nepal Rastra Bank…
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Nepal Telecommunications Authority (NTA) has asked all the telecom service providers to be ready to vacate frequencies that are not in use. The authority sent a letter to telecom…
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Nepal ranked 128th — among 142 economies — scoring 2.92 in the Global Information Technology Report released today. With a score of 2.97, Nepal was ranked 131st among 138 economies…
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The government has agreed in principle to provide transit facility to India for transporting goods via Nepal. India had been seeking such a facility on reciprocal basis given it has…
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TeliaSonera AB (TLSN), the Nordic region’s second-largest phone company, exited Cambodia and agreed to raise its stake in a unit in Nepal, as part of a plan to focus on emerging…
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Though the overall import of goods has increased, customs revenue did not see any increase because imports of high value goods has dropped. High value consignments like truck, bus,…
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President Dr Ram Baran Yadav today inaugurated the five-day long Nepal International Trade Fair 2012. During the inauguration, the president admired the initiative taken to host the…
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Tourist arrivals in March surged 37.2 percent year on year to reach 63,799 persons, said the Immigration Office, Tribhuvan International Airport (TIA). Similarly, inbound during the…
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At a programme organised to celebrate International Mountain Day on December 11 last year, Nepali cine star Rajesh Hamal expressed his concern about the fate of the Nepali film…
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