BUSINESS

Shivam Cement has become the first and only brand in Nepal to produce 43 grade OPC cement. Recently, the Department of Quality and Measurement has certified NS-572 and given permission to Shivam to produce 43 grade cement. Shivam Cement, which was awarded the NS Quality Award 2019 for the first time in this sector, has become the first and only…

Nepal Oil Corporation has increased the price of petroleum products. The former retail price of petrol and diesel / kerosene has gone up by Rs 2 per liter. Now the price of petrol has been set at Rs 118 per liter and diesel Rs 101.The retail price of aviation fuel (for domestic flights) has been increased by Rs 2 per liter to Rs 74.The…

An agreement has been signed between IME Pay and Foodmandu, promoted by IME Digital Solutions Limited.According to the agreement, customers can now be able to easily pay for goods purchased from Foodmandu through IME Pay app. The payment service has been launched on both Foodmandu's app and website.Guna Shrestha, market chief of IME…

Nepal Infrastructure Bank is going to issue bonds on the London Stock Exchange. NIFRA Chief Executive Officer Ram Krishna Khatiwada said that a bond worth USD 30 million would be issued on the London Stock Exchange within the current financial year."We are issuing bonds worth USD 30 million to be listed on the London Stock Exchange within…

This year's CAN Infotech is scheduled to take place on May 11. Computer Association Nepal (CAN) informed about the fair by holding a press conference on Sunday.CAN Infotech will be held at Bhrikuti Mandap in Kathmandu from May 11 to May 16. Due to the Coronavirus epidemic, the fair is being organized three months later this year than last…

Nepal plans to roll out 5G mobile internet by mid-July as it races to become the first country in South Asia to offer super fast connectivity.Fifth generation wireless mobile networks will be set up in Kathmandu and three other major cities under a pilot project by the end of this fiscal year.Min Prasad Aryal, director of the Nepal…

Anheuser-Busch InBev (AB InBev), one of the world’s leading brewers, has announced the launch of its global brand Budweiser in Nepal, fortifying the brewer’s presence in South Asia. Following the huge success of the brand in over 150 countries, the popular American-style lager is now available for beer connoisseurs in Nepal.With this…

Nepal Telecom is set to bring into operation the IPTV (Internet Protocol Television) starting from Friday 01 Jan, 2021.Nepal Telecom had been preparing for this for two years. It will bring the IPTV service into operation through fiber-to-the-home (FTTH) in the NT TV brand on the New Year’s Day 2021.Nepal Telecom has been presently…

Nepal Telecom has launched FTTH-Warm Winter offer for FTTH service customers. Under this plan, 300 MB data is provided on a daily basis in the mobile account of FTTH service customers who subscribe for  annual package of 20 Mbps or more under the FTTH-Warm Winter Offer.Customers who subscribe to yearly package of 20 Mbps or higher speed,…

Ncell customers can now easily look for the employment opportunities available in the local job market or post vacancies as prospective employers. Ncell Axiata Limited has launched a first of its kind service ‘Ncell Jobshop’, providing a platform to connect job seekers and job posters in a single virtual marketplace.The service has been…