BUSINESS

With e-commerce booming, Dolma Impact Fund has made an additional investment of one million dollars in Sastodeal.com.Founded in 2011, Sastodeal, a leading local e-commerce company in Nepal has raised $1 million from Dolma Impact Fund alongside other existing shareholders as part of an ongoing fundraising round. The growth investment will be…

Ncell customers can now buy data and voice packs in a hassle-free way from digital wallets and authorised Ncell point of sales (PoS). Ncell Private Limited has partnered with three mobile wallets companies and enabled its own PoS to sell such service packs.At a time when use of digital wallets for online payments of various services is…

The government has set 67 flight schedule to repatriate Nepalis living abroad. The Ministry of Culture, Tourism and Civil Aviation has prepared a schedule for the first phase of the rescue flight and submitted it to the Covid-19 Management Center (CCMC). A schedule for repatriation flights starts from June 11 to June 25.There will be…

District Administration Office (DAO), Kathmandu, today revealed the list of hotels that will be used to quarantine returnee Nepalis.The DAO has published names of 47 hotels in and outside Kathmandu valley that shall serve as self-paid quarantine facilities for returnees who can afford the cost.Among the selected hotels, there are nine…

The price of gold in Nepali market has leapt to a record high of Rs 87,400 per tola .The price of the precious yellow metal rose by Rs 10,400 per tola from the last rate published by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA) before the country went for a lockdown nearly two and a half months ago. The price…

Buddha Air, a leading private sector airline, has reduced fuel charges after the government removed Rs 10 infrastructure tax on aviation fuel through the budget.The company said in a statement that the fares have been adjusted to its various destinations as the price of aviation fuel has come down.The company has stated that according…

Fonepay is a digital payment processor that connects consumers, banks and merchants in an interoperable network to facilitate mobile/digital payments. The company recently obtained PCI DSS v3.2.1 certification from SISA, a global Payment Security Specialist.SISA is one of the fastest growing companies with a footprint in 35+ countries and…

The government has revised the tax rate on electric vehicles. Although the government had earlier given priority to electric vehicles to reduce the consumption of petroleum products, it has decided to levy 40 percent customs duty and 30 to 40 percent excise duty on the basis of engine capacity from the budget of the coming fiscal year 2077/78.…

e-Shikshya Package is an offer for students and teachers of any academic institutions all over Nepal. It is a highly subsidized Large Data Pack that works in all networks (2G/3G/4G).Currently, there are two packages that can be subscribed to any Nepal Telecom mobile number.6GB Data  at Rs. 260 15 Data  at Rs. 500 Above Price is…

Xiaomi, Global Technology Leader has stated that Xiaomi brand smartphone is the number one smartphone in Nepal. According to the global quarterly mobile phone tracker IDC, in its first quarterly report of 2020, it has succeeded in becoming the number one smartphone brand in Nepal.In 2020, 4 out of the top 10 smartphones sold in Nepal were…