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Commerce and Economy

NT introduces 4G services for post-paid users


Nepal Telecom (NT) has introduced fourth generation (4G) mobile network services for the first time on Sunday. Minister for Information and Communications Surendra Kumar Karki inaugurated the service at a special function in Kathmandu. According to NT, 4G services only for post-paid phone service subscribers are available in most parts …

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“i Dio’d it” campaign

Syakar Trading Company Pvt Ltd (STC) – the authorized distributor for Honda Motorcycles and Scooters India (HMSI) for Nepal, in partnership with eight various non-governmental organizations (NGOs), has launched ‘i Dio’d it’, a social media-based campaign for participants to post videos and win prizes. “To participate in the competition, each …

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ACE Development Bank to provide ASBA service to its clients


By Our Reporter ACE Development Bank has received Application Support by Block Account (ASBA) permission from the Nepal Securities Board. The Bank is scheduled to provide ASBA service from 14 January. Under the ASBA service, the account holders can apply for the shares by blocking the amount in the client’s …

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Will Khasha pass be resumed?


By Our Reporter The Chinese side is seeking the government’s commitment against use of Nepali soil by the anti-Chinese activists. According to a source in the Home Ministry, the Chinese side has expressed concern over the use of Tatopani route by the free-Tibet activists. Not to forget, in 2008, China …

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Businessman Deepak Malhotra bereaved of his mother


By Our Reporter Noted businessman and a friend of People’s Review weekly, Deepak Malhotra has been bereaved of his mother RamkumariMalhotra, 87. Wife of late DevrajMalhotra, Ramkumaripassed away on Friday, 23 December evening while undergoing treatment at the hospital. Late RamkumariMalhotra has been survived by one son (Deepak Malhotra) and …

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Upper Tamakoshi generating power by one and half years


By Sharachchandra Bhandary Works to develop the 456-Megawatt Upper Tamakoshi Hydropower Project based in Dolakha are going on in full swing with a target of taking it to the power production phase within one and half years. The April 25 Gorkha Earthquake had inflicted damages on the access route to …

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Japan to construct Nagdhunga Tunnel


By Our Reporter The Japan government has extended a loan assistance of up to fifteen billion, two hundred and eighty-eight million Nepalese rupees to Nepal to construct the Nagdhunga Tunnel Project. Nobuo Kishi, Japanese State Minister for Foreign Affairs, had pledged this project on 1 September 2016 at the ceremony …

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Applicants can apply for public shares by holding their accounts


By Our Reporter Citizens Bank International Ltd has received permission to collect signature for the stock exchange from the Nepal Stock Exchange Board. The Bank, from 14 January onward, is going to collect signatures from the account holders and hold their cash in their account when they apply for the …

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New Toyota showroom in Kupondole


United Traders Syndicate, the authorized distributor of Toyota Motors for Nepal, has opened a new Toyota Showroom at Kupondole of Lalitpur. Issuing a statement, the company said that VOITH President Suraj Vaidhya and Managing Director Ritu Singh Vaidhya jointly inaugurated the showroom. According to the company, customers can buy Toyota’s …

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