Nepal, US affirm trade potential

Published On: June 17, 2016 10:02 AM NPT By: Republica

KATHMANDU, June 17: The second US-Nepal Trade and Investment Framework Agreement (TIFA) council meeting, held in the US capital -- Washington, DC, affirmed both the countries' belief that the bilateral trade and investment relationship has great potential that can be realized through adoption of enabling policies.

Obi Worldphone enters Nepal

Published On: June 17, 2016 10:00 AM NPT By: Republica

KATHMANDU, June 17: The Silicon Valley-based smartphone-maker Obi Worldphone has announced its entry into the Nepal market. Issuing a statement on Thursday, Obi Worldphone -- a company founded by Apple Inc ex-CEO John Sculley -- said it had partnered with Jyoti Group subsidiary Starck Tech and launched two of its signature smartphones -- the SF1 and the SJ1.5.

Dragonair Awards Its Top-Performing Agents In Nepal

Published On: June 17, 2016 09:42 AM NPT By: Republica

KATHMANDU, June 17: Dragonair said Thursday it had honored its top-performing passenger and cargo agents in Nepal on Wednesday for their service to passengers and contribution to the success of Dragonair in the Nepali market in 2015.

Tata Motors showroom in Dang

Published On: June 17, 2016 09:24 AM NPT By: Republica

KATHMANDU, June 17: Tata Motors Wednesday opened a new showroom in Dang.

CG opens NXT GEN outlet in Jhamsikhel

Published On: June 16, 2016 10:00 AM NPT By: Republica

KATHMANDU, June 16: CG Motocorp, A part of Chaudhary Group and a Suzuki car importer in Nepal, opened an outlet dubbed NXT GEN in Jhamsikhel on Wednesday.

Mahindra launches Powerol diesel generators

Published On: June 15, 2016 07:15 PM NPT By: Republica

KATHMANDU (REPUBLICA): Mahindra & Mahindra has introduced Powerol range of diesel generators in Nepal. Its distributing partner for Nepal, Agni Energy is the subsidiary of Agni Group that has inaugurated two showrooms at Gairidhara and Teku in Kathmandu on Tuesday.

ARJUN NOVO 605 DI tractors in Nepal

Published On: June 15, 2016 07:05 PM NPT By: Republica

KATHMANDU, June 15: Mahindra & Mahindra Ltd’s Farm Equipment Sector (FES), a part of the $17.2 billion Mahindra Group & Agni Group on Wednesday announced the launch of the new Mahindra ARJUN NOVO -605 DI -- in Nepal -- the most technologically advanced and stylishly designed new generation tractor, based on a whole new platform.

KATHMANDU, June 13: A bill at the parliament to amend the Banks and Financial Institutions Act (BAFIA) could pave the way for existing foreign investors who are non-banking and non-financial institutions to retain their stakes in the bank and financial institutions (BFIs) in Nepal.

Nepal Oil Corporation will not distribute bonus for previous year: Supplies Secretary

Surge in donation drive worries business houses

Published On: June 13, 2016 05:43 AM NPT By: Republica

KATHMANDU, June 12: Surge in donations sought by political parties has left big business and corporate houses worried.