BUSINESS

Nokia 5530 XpressMusic SpecificationGeneral 2G Network GSM 850 / 900 / 1800 / 1900Announced 2009, JuneStatus Available. Released 2009, AugustSize Dimensions 104 x 49 x 13 mm, 68 ccWeight 107 gDisplay Type TFT resistive touchscreen, 16M colorsSize 360 x 640 pixels, 2.9 inches- Proximity sensor for auto turn-off -…

Ncell, the country’s first private GSM operator, announced that it would be spending US $ 100 million (Rs 7.15 billion) in 2011.Through aggressive marketing promotion and innovative service, Ncell is now aiming to become the No. 1 player in GSM mobile telephony in Nepal. This was spelled out loud and clear at a press meet on Thursday organised…

International brands are making a bee-line for Nepal. Well-known menswear brand from Turkey, Suvari comes as the latest in the series with a formal launch in the valley.“People are now looking for brands with quality and that is exactly why we have brought in Suvari — a Turkish brand which is not just based in Turkey but in thirteen other…

Shivam Cement Industry, one of the largest cement plants to be set up in the country, is set to start production from December. The Sarada Group, Lucky Group, Maru Group and HR Goyal have invested Rs 4 billion in this venture.The factory based at Laxmipur of Hatiya VDC in Makwanpur district is spread over 52 bighas of land. A total of 600…

Nokia 5800 XpressMusic SpecificationGeneral 2G Network GSM 850 / 900 / 1800 / 19003G Network HSDPA 900 / 2100HSDPA 850 / 1900 - American versionAnnounced 2008, OctoberStatus Available. Released 2008, NovemberSize Dimensions 111 x 51.7 x 15.5 mm, 83 ccWeight 109 gDisplay Type TFT resistive touchscreen, 16M colors…

The demand for gold fell significantly in the domestic bullion market during the Dashain festival this year as compared to the same period last year.The demand for the precious yellow metal in the domestic market dropped by 25 per cent during this Dashain festival compared to the corresponding period last year, according to Tej Ratna Shakya,…

People are moving away from traditional Dashain amusements like flying kites and throwing dice to watching movies on the video.Advances in technology and greater comfort seem to be drawing revellers to less strenuous pursuits like leaning back on the sofa and enjoying the latest blockbusters from Bollywood.The shift in trends is evident at…

Himalayan Brewery Ltd and Trishakti Distilleries Pvt Ltd, a Kathmandu-based company producing and distributing reputed brands of beer and foreign liquor, is reopening under a new management.“After the new management took over these companies in July, the company is planning to bring its products in the market soon,” said chief of Sales and…

The Nepal Pashmina Industries Association (NPIA) has registered Nepali pashmina’s trademark Chyangra Pashmina in 38 countries within 10 months of launching it. The NPIA has registered Chyangra Pashmina in major markets like the US, Japan, France, Italy and Germany. Recently, Singapore and South Korea have granted approval to the brand.Prime…

Platinum Developers launched its new apartment project Soaltee City on Friday. Spread over 19 ropanis, Soaltee City at Ravi Bhawan consists of seven towers with over 500 apartments.The 14-storied towers will contain one-bedroom, two-bedroom and three-bedroom apartments. Soaltee City will have a swimming pool, club house, kids play area, jogging…