BUSINESS

Nepal Liquors Pvt Ltd has formally launched Royal Challenge Whisky in the Nepal market. “Apart from the deep and intensely smooth blend of scotch and premium Indian grains in Royal Challenge Whisky, American charred oak casks are used for ageing, during which it gains colour and flavour from the caramelised sugars in the charred wood and…

All the international flights on the way to Tribhuvan International Airport (TIA) in Kathmandu were diverted to Indian cities on after an aircraft of US Bangla Air met with an accident near the TIA runway Monday afternoon. Hundreds of passengers preparing to fly from and to Kathmandu were affected for about three hours because the country…

Himalaya Airlines has organized different programs to celebrate third year of operation. Issuing a statement, Himalaya Airlines said that the two years have been proving as establishing years for the airlines with important milestones achieved. The airline currently operates three Airbus A320. "We are honored to hold the first…

Tribhuvan International Airport (TIA) handled more than 10,000 travellers daily in 2017, making it the busiest year for the country’s sole international aerial gateway. International air passenger traffic continued to record double-digit growth in 2017, registering a 10.74 percent increase over the previous year despite infrastructural…

Roca Group has brought its bathroom products of Parryware brand in Nepali market. Parryware is a popular brand in India which manufactures sanitary hardware such as toilets, basins , laundry sinks , squatting pans , shower faucets, shower cabins , bathroom furniture , kitchen sinks , bathroom water heaters and water pumps. Organizing an…

The Centralised Application Supported by Blocked Amount (C-ASBA), which allows investors to buy primary and rights shares online, officially launched on Friday. The system is expected to reduce the number of days required for the share allotment process and minimize hassles for the merchant bankers involved in the issuance of shares.…

Nepal’s major private airlines Buddha Air has announced plan to add four 72-seater ATR 72-500 series aircrafts to its fleet, with an investment of Rs four billion. The new planes will be used for flights to different cities of India. The company currently has 10 aircrafts. “We are working aggressively to increase our market share. That’s why we…

Aditya Birla Fashion and Retail Ltd. announced its premium menswear brand, Louis Philippe’s foray into Nepal with the launch of its first exclusive brand outlet at Labim Mall, Lalitpur. After having established its presence across international markets such as UAE, Qatar, Oman, Saudi Arabia, Bahrain, Kuwait & Sri Lanka, the brand is all set…

KL Tower the shopping mall located in Chabahill is organizing the biggest sale carnival which has started from Saturday . The carnival is dubbed one of the biggest sale carnival and is titled "Daami Sale" which will continue till the 24th of February. Around 45 stores have participated in this carnival . There are currently more than 50…

Nepal Telecommunication Authority has granted permission to Subisu Cablenet Pvt Ltd for infrastructural development of communication network across eight districts of Province 2. The company has been currently expanding optical fiber across the nation, reads a press statement issued by the company. The company has also been providing network…

Buddha Air is taking delivery of its 10th aircraft on Thursday.The 72-seater ATR 72-500 series aircraft will land at the Tribhuwan International Airport, Kathmandu, on Thursday. The airline purchased the aircraft at Rs 1 billion. “The ATR 72-500 series airplane will be the fifth of its kind currently under our possession and the tenth aircraft…

JJ Jewellers (Emerald P Ltd), which showcases an exclusive collection of gold, silver and diamond jewellery designs has opened its grand showroom at Basantapur, New Road, on Monday. The showroom was inaugurated by Madan Krishna Shrestha and Hari Bansha Acharya (MaHa) with a ribbon cutting ceremony amidst much fanfare, as per a media release.…

Smart Cell has recently established a new Smart Centre at Putalisadak, Kathmandu with the aim of providing the best service to its customers. Smart Cell said in a statement that the center started operation from Monday, January 22 and will be giving its customers an exemplary brand experience as it is fully equipped to handle any customer…

As part of its ‘Card Loyalty Program,’ Nepal Investment Bank Limited (NIBL) and its Visa associate member banks launched a campaign to offer its Visa cardholders (domestic) access to exclusive cash back rewards when using their Visa debit or credit cards for all purchases. Issuing a statement, NIBL said that this initiative comes in the context…

Buddha Air will be expanding its direct flight services in the domestic network. It has already started operating direct flights from Pokhara – Bharatpur – Pokhara, and Pokhara – Bhairahawa – Pokhara since 15 September 2017, and has also been operating direct flights to Biratnagar – Tumlingtar – Biratnagar since 12 June 2011. In the process of…

After a long wait, Nepal is finally set to receive internet bandwidth from China from Friday. The state-owned telecom company — Nepal Telecom (NT) — said that all the groundwork has been completed to formally connect Nepal with Chinese bandwidth from January 12. “The process of acquiring internet bandwidth from China has been completed. The…