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Domestic Airlines reduces fuel surcharge on airfare

Domestic airlines have reduced fuel surcharge on passenger airfares following the reduction of aviation turbine fuel (ATF) price by the Nepal Oil Corporation (NOC). The revised fuel surcharge on both trunk and short take-off and landing (STOL) routes will come into effect from Sunday. According to Airlines Operators Association of Nepal…
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Samsung Nepal launches New Year Cashback Offer

Samsung Nepal has announced a brand new offer for its customers. Under Samsung's New Year Cashback offer customers can avail cashback discounts on selected smartphones. The New Year Cashback Offer gives customers Rs.500 to Rs.2700 discounts on selected handsets. The company has provided the following discounts on Galaxy A7 , Galaxy J8,…
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Scooters demand high in Nepali two-wheeler market

The demand for scooters has been skyrocketing in recent years due to growing urbanisation and inadequate public transport facilities for daily commutes. Scooters have become one of the easiest means of transportation in the country and are becoming a necessity in every family due to its easy to ride nature and ability to carry goods, said a…
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Japan work visas now open for Nepalis

With the Japanese government on Tuesday endorsing its basic policy on a new visa system to encourage the entry of more foreign workers, Nepalis also will now be able to go to Japan on work visas. The new visa policy endorsed by the Japanese cabinet on Tuesday applies to workers from nine Asian countries including Nepal. Workers from these…
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Chhaya Center, Nepal Biggest Mall opens in Thamel

Nepal’s biggest shopping mall Chhaya Centre formally opened on Tuesday. Built in the tourist hotspot of Thamel, the luxurious mall is spread over an area of 86,000 sq ft with a built-up area of 350,000 sq ft. It houses more than 200 retail stores representing various international and local brands. It is also home to a five-star hotel…
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Compact SUVs gaining market share as sedans sales decline

Car buyers are gradually gravitating towards sports utility vehicles (SUVs) in Nepal, following a similar trend in the global market. In just three years, SUVs have managed to gain nearly half of the market share. According to domestic automobile dealers, hatchback vehicles used to be king in Nepal, holding the lion’s share of the market at…
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Banks agree to lower interest rate on deposits

Owing to pressure from Nepal Rastra Bank (NRB) and the government, Nepal Bankers’ Association (NBA) — the umbrella organisation representing 28 commercial banks of Nepal — has decided to cap the interest rate on savings, individual fixed deposits and institutional fixed deposits. The NBA meeting today decided to cap interest rate on savings…
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Electro Tech 2018 kicks off in Bhrikuti Mandap

The ninth edition of the NEEK Electro Tech 2018 has begun here today. Organised by the Federation of Electrical Entrepreneurs of Nepal, the six days long Expo aims to spread awareness of the use of electrical materials, said the organiser. More than 75 stalls have been set up, while over 100,000 visitors are expected to attend the Expo.…
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