Home / Commerce and Economy (page 36)

Commerce and Economy

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 …

Read More »

Ncell gets NSP licence


Nepal Telecommunications Authority (NTA) has issued Network Service Provider (NSP) licence to private telecom operator Ncell. Ncell had applied for NSP at NTA a long time back. Obtaining NSP licence means that Ncell can now enter into bandwidth trading in the domestic market by selling its existing bandwidth to other …

Read More »

Newroad Mobile Expo 2073


Nepal Mobile Traders Association is organising ‘Newroad Mobile Expo 2073’ in Newroad, also known as ‘Mobile Hub’, from December 28 to January 3 where sellers in Kathmandu’s most well-known shopping district will offer their products at reasonable prices. The main sponsor of the mobile expo is Ncell. According to the …

Read More »

KBL appoints SCL as issue manager


Kumari Bank Ltd (KBL) has appointed Siddhartha Capital Ltd (SCL) as the issue manager for the bank’s 50 % rights issue. Issuing a statement, the bank said that Rajib Giri, acting CEO of Kumari Bank and Dhruba Timilsina, CEO of Siddhartha Capital Ltd, signed the agreement on behalf of their …

Read More »

NIC Asia tree plantation project


NIC ASIA has started planting trees as part of its corporate social responsibility (CSR) projects, its chairman Jagdish Prasad Agrawal said in the bank’s nineteenth annual general meeting. “The bank has taken up a target of planting more than 7,000 plants this fiscal year as its CSR project,” Agrawal was …

Read More »

Upendra Mahato eying Birgunj Sugar Factory’s land


By Our Reporter Controversial businessman Upendra Mahato is trying to capture 800 bighas of land belonging to the Birgunj Sugar Factory around Dumarwana, Simira and other places in Birgung city. By using Prime Minister Pushpakamal Dahal’s controversial son Prackash Dahal, Mahato, founding president of the Non Resident Nepalis Association, has …

Read More »

Nepal’s trade deficit doubles


By Our Reporter All is not well with Nepal’s economy. The trade deficit that doubled in the first four months of the current fiscal year is a testimony to this. If necessary measures are not taken to reduce the widening trade deficit, the national economy may collapse one day.  However, …

Read More »

The Streets Again


The impasse in the legislature is to be followed officially in the streets what with the opposition alliance announcing the date for their rally in Kathmandu. It is not just speculation that the streets have been warming up already at their behest but the declaration that they are to hold …

Read More »

Grand opening of Chandragiri cable car


Chandragiri Hills Ltd on Thursday organised a special programme to mark the official launching ceremony of the cable car service. The cable car that was in test-operation since August 8 was officially inaugurated by the Prime Minister Pushpa Kamal Dahal. Invited as chief guest during the programme, PM Dahal enjoyed …

Read More »