BUSINESS

The import of mobile handsets has witnessed a steady growth over the last three years with the rise in the number of mobile users in the country.Imports of mobile sets during the first 10 months of this fiscal year have surpassed imports during all of last year by 27.08 percent, according to Department of Customs.A total of 885,823 mobile…

Chaudhary Group (CG) has made a foray into the lucrative home appliances segment with a tie-up with India-based RICO Appliances for marketing its product in the Nepal market.RICO was established in 1965 while CG is one of the largest business houses in Nepal.The group has introduced RICO’s pressure cooker, mixer-grinder, iron, rechargeable…

The valley will soon have another international brand to add to its name; with many international brands, lately paving their way into the Nepali market, Kathmandu will soon be boasting of a Fabindia store.Fabindia in Nepal has started supplying their products to many major departmental stores and their exclusive products are already available.…

Homely Furniture is all set to open a sophisticated furniture store at Bhatbhateni Super Market, Bhatbhateni, Kathmandu.The company will sell furniture manufactured by the Quan U Furniture Group of Hong Kong.The showroom is located on the fifth floor of Bhatbhateni Super Market.“The store will offer furniture for residential purposes in the…

Nepal Telecommunications Authority (NTA) has approved United Telecom Limited’s (UTL) tariff for international calls to 16 different countries through the access code 1220. The tariff was approved in a board meeting of the authority.As per the new tariff, customers can make calls to India at Rs 3 per minute, said a press release from the…

Varun Developers Private Limited, a subsidiary of RJ corporation, is on the verge of completing super luxurious upper-end condominiums--Park View Horizon. This is the first of its kind in Nepal.Park View Horizon is located at Ringroad Dhapasi Height. It is the first residential project in Nepal to get clearance from the Ministry of Environment,…

Infratech today launched Kohler generator sets in the Nepali market.Kohler is a global leader in manufacturing generators and engines.Speaking at the inaugural function, Gurucharan G., General manager of Kohler Generators in India, said their products were known for their quality, higher fuel efficiency, block loading capabilities, aesthetics…

Star Management Pvt Ltd (SMPL) — that runs hotels under the renowned brand of ‘Shangri-La Group’ — is planning to expand its business in China with its high-standard service.After its successful installation and hospitality it has offered through Hotel Shangri-La in Nepal, it is vying to prove its high caliber in China which is a booming…

Nepal Telecom (NT) has slashed the price for subscribing 3G pre-paid and post paid mobile phone by 48.42 and 40 percent to attract more customers.“We have brought the cost for subscribing 3G post-paid mobile down to Rs. 2,130 from Rs. 4,130 and pre-paid to Rs. 1,500 from Rs. 2,500,” said NT spokesman Surendra Prasad Thike.The talk value of 3G…

Commercial Banks In Nepal 22 "A" Class Commercial Banks in OperationLogo/App Link Website Contact AddressAndroid App- Download Nepal Bank Ltd Nepal Bank Limited Dharmapath Kathmandu (Head Office) P.O.Box: 36, Kathmandu SWIFT Code: NEBLNPKA Tel.: +977 1 4247999 / 4239888 Fax: +977 1 422 0414 Email: …