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Samsung Partners with Him Electronics to Open Nepal’s First Multinational Electronics Manufacturing Facility
Samsung and Him Electronics have partnered to open Nepal’s first multinational electronics manufacturing facility. The landmark television factory is located in Nawalparasi and was inaugurated by the Hon’ble Minister of Industries, Commerce and Supplies and Samsung Southwest Asia’s CEO, Mr. JB Park. This move is expected to have a significant impact on Nepal’s economy and […]
Read MoreBank Holidays in Nepal 2080
Nepal Rastra Bank, the central bank of Nepal, recently released the annual bank holiday schedule for the period of 2080 BS (April 14, 2023-April 12, 2024). This announcement by NRB follows the government’s decision to allow certain essential service-providing institutions, such as banks, to operate on certain public holidays declared by the government. The NRB […]
Read MorePrime Minister’s directive to establish legal provisions for registering electric bikes produced in Nepal
Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has directed the concerned authorities to expedite the legal process for registering vehicles produced in Nepal. He has taken the issue seriously and instructed the relevant agencies to address the issue of vehicles not being registered in Nepal, especially those produced in the country. In a tweet, he said, […]
Read MoreGoogle Enrolls itself in the Nepalese Tax System
Nepal’s tax system now includes Google LLC, one of the world’s biggest technology companies, as per the Inland Revenue Office. Google has registered in the Lalitpur-based Large Taxpayer Office to pay taxes on the different services and products it offers in Nepal, including electricity services, for Fiscal Year 2079/80. The spokesperson for IRD, Raju Prasad […]
Read MoreNepal’s Yatri Motorcycles denies rumors of team going abroad amid production halt
Yatri Motorcycles, a company based in Nepal that produces and sells electric bikes, has denied rumors that its founding team has gone abroad. The company took to Facebook to clarify that the rumors are false. According to a post on the company’s Facebook page, there have been reports that the founders have abandoned their vision […]
Read MoreThe High Court upheld the decision to revoke the license of Smart Telecom
The license of Smart Telecom will be automatically cancelled following a decision by the Patan High Court to uphold the ruling of the Nepal Telecommunication Authority. The joint bench of Judge Dhruvrachandra Nand and Dipendra Bahadur Bam ruled in favor of the Telecommunication Authority on Friday. Smart Telecom had earlier approached the High Court, despite […]
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