BUSINESS

Most of the department stores remained closed on Thursday even though the government had said that it would allow such stores to open for few hours in a day to ensure smooth supply of daily essentials during the lockdown. Department stores have taken to social media to inform their customers about closure of their stores due to the lockdown.…

To promote the use of electric induction stoves, Nepal Electricity Authority (NEA) is offering a discount of 20 per cent on electricity tariffs for consumers who use up to 150 units per month. Minister for Energy, Water Resources and Irrigation, Barsha Man Pun, informed that NEA will provide this offer until the situation created by the…

Connectivity is always essential to mobile customers – it’s even more critical during a public health crisis that’s challenging everyone. The coronavirus (Covid-19) pandemic has sparked a new technology challenge: to be able to work from home. Citizens are relying on communications services to stay connected and updated during this crisis. In…

The demand for electricity has decreased sharply following the announcement of nationwide lockdown from Tuesday. With the closure of the high electricity consumption sectors such as factories, hotels, commercial complexes and offices, power consumption has declined drastically, said Kul Man Ghising, managing director at Nepal Electricity…

Issuing a circular on Sunday, the Nepal Rastra Bank (NRB), has asked all types of banks and financial institutions (BFIs) to continue with the banking services with necessary precautions. “As the government has defined banking business under the very essential services, the central bank has sought the BFIs to carry on with their services as…

Ncell has launched ‘Night Call and SMS Pack’ bundled with voice and SMS service which costs just Rs 10 (Rs 12.77 including applicable taxes). Customers subscribing this pack get 480 minutes of talk time and 480 SMS. The pack has come into effect from Thursday (March 19) for a period of 90 days, as per a media release. The talk time and…

Due to lack of business and fear of the coronavirus outbreak, hotels in the country have decided to shut down their business completely until the situation improves. While Hyatt Regency, a five-star hotel based in Kathmandu, has decided to shut its entire business from Saturday, other hotels, including Radisson and Marriot, are expected to…

Nepali youth can now take benefit from Ncell’s new starter pack, specially designed for them. Ncell Private Limited has announced the launch of ‘Sahi Yo! Power SIM’ loaded with bonus resources and services, enabling youth to stay connected at more affordable rates. What makes this SIM special for youth is; customers can enjoy free…

The construction of Nepal’s largest solar power plant being developed in Nuwakot district is in the final stage. Nepal Electricity Authority (NEA) has said that the 25-megawatt plant will start generating the first installment of 15 MW of power by April and the remaining works to generate 10 MW will be completed by May. NEA at present is…

Foodmandu, an e-commerce company providing on-demand food delivery service across Kathmandu valley encountered data breach on Saturday night. According to a statement released by the company on Sunday, they detected a cyber-attack by a hacker which resulted in unauthorized access of customer data. Names, mailing addresses, email addresses and…

Ncell Pvt Ltd has introduced a new data bonus scheme under which the cost of internet drops up to 80 per cent compared to existing standard rate of Rs two per MB. This offer is coming into effect from Sunday (March 8) and focuses customers who use data service under ‘Pay As You Go’ (PAYG) rate or do not know how to buy data packs. Under…

On the occasion of its fifth anniversary, Himalaya Airlines has added a brand new A319-115 series aircraft to its fleet on Monday. With this new aircraft, Himalaya Airlines fleet will comprise three Airbus A320-214 and one Airbus A319-115 series aircraft. As mentioned in the press statement issued on Tuesday, Vijay Shrestha, vice…