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Business and Corporate

Airfares of domestic flights reduced

Following reduction in price of Aviation Turbine Fuel (ATF), one-way airfares of domestic flights went down by up to Rs 384 on Monday. A meeting of Airlines Operators Association of Nepal (AOAN), the umbrella organization of domestic airlines held on Sunday, decided to lower airfare by a maximum of Rs …

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How can we save Shajha Prakashan?

By Our Business Observer Just recently, the Shajha Prakashan has handed over a memorandum to the government urging rescue of the Publications from its crisis for survival. The management there has asked the government to exempt all the old debt otherwise, it has warned to dispose its assets to clear …

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Closure of Danish Embassy: Mission accomplished?

By Our Reporter Reports state that Denmark has decided to close her embassy in Kathmandu. It is said that as Denmark government has completed her development mission mission in in Nepal, she has decided to close her embassy in Kathmandu, however, some political observers remark that as Denmark has accomplished …

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EU ban on Nepali airlines continues

Against the expectation of the government of Nepal, the European Commission has continued the ban it imposed on Nepali airlines from flying into the 28-nation bloc. The EC stated that the Civil Aviation Authority of Nepal failed to rectify air safety short-comings forcing the European Commission to continue with its …

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NT revises rates for fibre to home service

Nepal Telecom (NT) is revising the rates of its fibre to the home (FTTH) services. The rates, which will be effective from Friday, have been revised for package distribution and sales, customer-premises equipment (CPE) charge and rate of optical fibre, as per a media release issued on Wednesday. For FTTH …

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Nepal fails to construct road to Korala border point

As a result of the Indian blockade that crippled the country last year, the Nepal government started holding talks with Chinese authorities to open new Nepal-China borders on the north. Following this, China started constructing the road connecting Korala point. China has already extended its road network to the Korala …

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Tata Motors opens its new showroom in Dang

Tata Motors on Wednesday opened a new showroom in Dang. Issuing a statement, Tata Motors said the new showroom was ‘a new stylish, best-in-class showroom, for superior customer experience in Nepal’ and showcases all the range of Tata Motor’s passenger vehicles. Inaugurating the showroom, Dang Chamber of Commerce and Industries …

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Blackmailing in the name of journalism

By Our Reporter Madan Lamshal, who is the editor and publisher of the Aarthik Abhiyan, a vernacular daily, is found blackmailing the Bankers by publishing fabricated reports in his newspaper, which is rarely visible in the market. Lamshal, a staffer of the Shree Distillery, had a dream to make easy …

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IME marks 16thanniversary of Worldwide Network

IME Ltd.,Nepal’s No.1 Remittance Company has marked its 16thanniversary by organizing blood donation program at its own Head Office premises. Each year IME has been celebrating its anniversary by contributing towards the society through various forms of CSR activities. As part of IME’s four-pillar CSR philosophy covering Health & Safety, …

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