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BUSINESS
Japan work visas now open for Nepalis
With the Japanese government on Tuesday endorsing its basic policy on a new visa system to encourage the entry of more foreign workers, Nepalis also will now be able to go to Japan…
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Chhaya Center, Nepal Biggest Mall opens in Thamel
Nepal’s biggest shopping mall Chhaya Centre formally opened on Tuesday.
Built in the tourist hotspot of Thamel, the luxurious mall is spread over an area of 86,000 sq ft with a…
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ISPs preparing to increase internet fees starting from Jan 2019
The internet service providers (ISPs) have urged the government to raise the price of internet services from January.
Citing that government had failed to implement various…
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Compact SUVs gaining market share as sedans sales decline
Car buyers are gradually gravitating towards sports utility vehicles (SUVs) in Nepal, following a similar trend in the global market. In just three years, SUVs have managed to gain…
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Banks agree to lower interest rate on deposits
Owing to pressure from Nepal Rastra Bank (NRB) and the government, Nepal Bankers’ Association (NBA) — the umbrella organisation representing 28 commercial banks of Nepal — has…
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Electro Tech 2018 kicks off in Bhrikuti Mandap
The ninth edition of the NEEK Electro Tech 2018 has begun here today.
Organised by the Federation of Electrical Entrepreneurs of Nepal, the six days long Expo aims to spread…
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Nepali Banks lock horns in interest rate tug-of-war
Commercial banks launched another interest rate war even as the Finance Ministry is studying the impact of rising interest rates on deposits. Soaring interest rates have been blamed…
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Domestic two-wheeler market sees growth in premium motorbikes segment
Sales of premium bikes in the country have been gradually picking up in recent years. The performance offered by such bikes is one of the main reasons for the rise in popularity…
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Ruslan Ultra Premium Vodka launched for vodka lovers
‘Feel Everything, See Nothing’, states the communication of Jawalakhel Group of Industries (JGI) with its latest release of Ruslan Ultra Premium Vodka, also positioned in the market…
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Chivas brings Chivas XV to whisky lovers in Nepali market
Chivas, which believes that blended is better, in life and in Scotch, has launched Chivas XV, a 15-year-old blend the company says is made for celebrations. Chivas XV is the latest…
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Online Shopping becoming a preferred shopping option in Nepal
Of late, the trend of online shopping is gaining momentum in the country. According to e-commerce traders, e-commerce businesses in Nepal conduct transactions worth $25 million a…
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Winter Clothes sales rises as the mercury dips
Sales of winter clothes start to rise as the mercury plunges, and the recent shivery weather proved a bonanza for sellers of jackets, sweaters, mufflers and gloves.
The…
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Nepal’s Foreign Currency Reserve of $9.56 billion inadequate
A ballooning current account deficit due to increasing imports and weakening exports has taken a toll on Nepal’s vulnerable external sector with officials saying that the existing…
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Imported home appliances get dearer this winter season
Nepali consumers have more than one reason to shiver this winter. Winter electronic home appliances have become 10 percent dearer this year due to a stronger dollar, traders said.…
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