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BUSINESS

Bajaj brings “Ulto Offer” for Nepali New Year 2076

Hansraj Hulaschand and Co, the sole authorised distributor of Bajaj motorcycles and the largest motorcycle selling company in Nepal, has announced its New Year campaign ‘Bajaj Ulto Offer’ with the line ‘Kinay Pachhi Jitney Hoina Jitay Pachhi Kinney’(किनेपछि जित्ने होइन , जितेपछि किन्ने ). The scheme is totally opposite to previous schemes,…
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No Boeing 737 MAX aircraft to be seen in Nepali skies

No Boeing aircraft of 737 MAX series will fly in Nepali skies, as China and India, the two countries with which Nepal’s airspace is linked, have banned the planes from flying into their territories. China was one of the first countries to ban operation of aircraft of that model in its airspace. India followed suit on Tuesday. With this,…
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Sony Brand Day sales at Daraz Online Shopping

Daraz, Nepal’s biggest online shopping destination, has announced another edition of Brand Day powered by Sony on Friday. Starting from midnight until 23:59 on March 15, shoppers can grab specially curated offers of Sony at Daraz. Consumers can get discounts of up to 52 per cent with the minimum discount starting from 33 per cent on Sony…
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Tourist Arrivals in Nepal shows 39% year-on-year growth

The world’s most populous country China became the biggest source of visitors to Nepal in February. According to the Nepal Tourism Board, 16,205 Chinese travellers entered Nepal in February, up 5.3 percent year-on-year. Travel trade entrepreneurs attributed the growth in visitor numbers from the northern neighbour to the occurrence of the…
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Binod Chaudhary becomes World’s 1349th richest person

The net-worth of Nepal’s only Forbes-listed billionaire, Binod Chaudhary, has jumped US$200 million in the last one year, according to the Forbes’ Billionaire List 2019 published today. The chairman of Chaudhary Group (CG) has assets of $1.7 billion today, according to the Forbes magazine. The valuation of his assets stood at $1.5 billion in…
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Five Star Hotels number in Nepal rises to 12

The Soaltee Westend Premier, Nepalgunj and the Swiss International Hotel Sarowar, Pokhara have been awarded five and four stars respectively, bringing the number of hotels in the two categories to 12 and eight. According to Rajesh Kumar Lamsal, a Tourism Department official, the two hotels were awarded the star rating after assessing all the…
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Jawalakhel Distillery brings Ruslan Gold Reserve Vodka

Jawalakhel Group of Industries (JGI) has introduced Nepal’s first premium vodka with edible gold flakes — Ruslan Gold Reserve Vodka. Positioned as ‘Taste Gold Feel Gold,’ it is 100 per cent vodka infused with 23 carat gold flakes to create a sensorial experience unlike any in the market currently, the company said in a statement. The…
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High Performance Gaming Laptops in high demand

The demand for powerful computers in Nepal is spiking as customers look to use such devices for work and gaming. Gaming laptops are in high demand as these laptops can be used for professional work such as animation, CAD and graphic design. And once work is over, one can unwind by playing the latest games at high settings. Domestic computer…
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Rising income level send Nepalis to holiday abroad

Nepalis spent a whopping Rs 48 billion on foreign holidays in the first half of Fiscal Year 2018/19. Data compiled by Nepal Rastra Bank (NRB) shows outbound Nepali holidaymaker spent Rs 47.99 billion in the first six months of FY 2018/19 -- a rise of 30 percent compared to spending figures in the same period of FY2017/18. Such spending was Rs…
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