BUSINESS

The government has suspended issuing labour permit for overseas employment for the time-being.It is said the government took this decision as the coronavirus (Covid-19) which broke out from China has spread globally.Minister for Labour, Employment and Social Security Rameshwor Raya Yadav said the issuing of labour permit has been…

The Department of Commerce, Supplies and Consumer Protection Management has decided to go ahead and slap a fine of Rs 300,000 on e-commerce firm, Daraz after reviewing the company’s petition on its action.Netra Prasad Subedi, director general at the department said that after a meeting on Sunday, the department decided to approve the fine…

Alipay, a China-based payment service provider, has been granted permission to operate its electronic payment service in Nepal.Nepal Rastra Bank (NRB) recently granted permission to Alipay to conduct its operations in the country.Along with this, the central bank has authorised two Chinese payment service providers to extend their…

Subisu, a leading internet service provider in Nepal, has deployed key products from Nokia’s optical portfolio to expand into new markets and provide improved quality of services to its subscribers.In a press release on Thursday, the company stated that Subisu’s subscribers will now enjoy an improved network and will be able to upgrade…

Ncell Private Limited has launched a new offer ‘Happy Hour on Recharge’ under its campaign ‘Ajhai Najikincha Sambandha’, enabling its customers to enjoy voice service at discounted rate on every recharge of Rs 100 and above.This campaign is coming into effect from Thursday (February 27). Under this offer, Ncell prepaid customers on every…

The 26th edition of CAN InfoTech concluded here today, with most visitors making a beeline for start-up and innovation exhibitors.The event that was observed by more than 400,000 visitors, had shifted its earlier focus from trading of ICT products to provide a platform to start-up businesses, according to the CAN Federation.There were a…

Moldcell is a mobile network operator in the Republic of Moldova, part of the international Telia Company, headquartered in Stockholm, Sweden.Fintur Holdings B.V. (Fintur), wholly-owned by Telia Company, has agreed to sell its 100 percent holding in Moldcell to CG Cell Technologies DAC, for a transaction price of US$ 31.5 million.“I’m…

The Patan High Court has directed the government to regulate ridesharing services like Tootle and Pathao by introducing necessary policies.The double bench of Justices Shriman Kumar Gautam and Mina Gautam on Wednesday issued an order to the Department of Transport Management (DoTM), Traffic Police and other related government agencies to…

After the elimination of load-shedding in the country and also due to regular supply of electricity, the per capita energy consumption of the country has increased to 267 per units a year on average as per a review of the first six months of the current fiscal year.Three years ago, the per capita energy consumption was at 150 units per…

Ncell Private Limited has collaborated with Microsoft Corporation to provide Microsoft’s productivity and communications solutions, cloud resources and online meeting tools.Amidst a special gathering attended by over 250 corporate clients from various banks, businesses and officials of NGO/INGOs last week, Ncell announced its collaboration…