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BUSINESS
Shopping Malls in KTM starts offering festive schemes
In an effort to draw consumers into their stores, shopping malls in the Kathmandu valley are setting the mood for the festive season by offering many festive offers and special…
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Buddha Air possibly in talks with Embraer to acquire E190-E2 aircraft
Embraer, the third largest civil aircraft manufacturer from Brazil conducted "Demonstration Flight" in Kathmandu on Monday. Embraer has sent their E190-E2 test aircraft to Nepal to…
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Nepal Airlines resumes flight to the gateway to Mt Everest
Nepal Airlines Corporation (NAC) on Saturday resumed its passenger flights to Lukla Airport, the gateway to Mt Everest, after more than two years of suspension.
According to NAC,…
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Seven Hotels in Nepal awarded Four-Star Rating
The Hotel Siddhartha View, Nepalgunj, joined the four-star club on Wednesday, bringing the number of four-star hotels in the country to seven. According to Rajesh Kumar Lamsal, a…
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US Dollar rate scales new height
The Nepali rupee plunged to a fresh low on Friday, with the Nepal Rastra Bank (NRB)—the country’s central bank, fixing the exchange rate at Rs118.33 per US dollar for Saturday. The…
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Yeti conducts KTM-PKR flight with new aircraft
Yeti Airlines has begun conducting its Kathmandu- Pokhara-Kathmandu flights with its recently acquired 72-seater ATR 72-500 aircraft.
The new aircraft started its flights on…
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TATA Group to invest in Vivanta Hotel located in Jhamsikhel
The Tata Group’s hospitality arm, Indian Hotels Company, has signed a pact with the Chaudhary Group to open a Vivanta Hotel in Kathmandu. This will be the company’s second hotel in…
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Nepal Electricity signs PPA with sugar mills
Nepal Electricity Authority (NEA) has signed a power purchase agreement (PPA) with Indu Shankar Sugar Mill to purchase electricity. As per the agreement, the sugar mill located in…
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‘NAC exploited loopholes while purchasing wide-body aircrafts’
Auditor General Tankamani Sharma has said that Nepal Airlines Corporation (NAC) exploited loopholes in Public Procurement Act and corporation’s bylaw while acquiring wide-body…
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US-Bangla applies for TIA slot for daily scheduled flights
Bangladeshi carrier US-Bangla Airlines has applied for resumption of its Kathmandu operation, seven months after suspending operations following the deadly crash at the Tribhuvan…
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Remittance inflows reach Rs73.95 billion up by 33 percent
The fiscal year began with a bang for the remittance industry with inflows reaching Rs73.95 billion in the first month—up 33.1 percent year-on-year—even as migrant worker departures…
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NAC prepares to fly to several remote locations this Dashain
In view of increased demand and limited number of air carriers operating in remote areas of the country, the national flag carrier has started conducting test flights to various…
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Hyatt Regency Kathmandu bags World Travel Awards 2018
Hyatt Regency Kathmandu has been recognised by World Travel Awards (WTA) as Nepal’s Leading Hotel once again for 2018 after having won it in 2017 as well as for the years 2008,…
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Hotel Soaltee Crowne Plaza bags Best Managed Company award
Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday,…
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Online Shopping sites to launch festive offers
E-commerce platforms are reshaping shopping trends in Nepal, with most platforms offering brands at competitive prices. And with the festive season round the corner, online shopping…
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Furniture and Furnishing Expo 2018 at Bhrikutimandap
The 6th edition of the Furniture and Furnishing Expo 2018 kicked off yesterday at the premises of Bhrikutimandap. The five-day event has been organised by the Nepal Furniture and…
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