EDITORIAL: Know your onions With the government imposing a 13 percent value added tax (VAT) on onions, its price has shot up sharply in the market, bringing tears in the eyes of the consumer. Opinion 16 Jun, 2023
Fewer onions, more tears Onion price has soared significantly over the past week in the domestic market after traders stopped imports in protest against government’s decision to impose a 13 percent value added tax (VAT) on certain types of imported fruits and vegetables. Business 15 Jun, 2023
'MDMS revolutionises mobile phone industry in the country' ​​​​​​​Cellphone importers and distributors in Nepal have commended the government for successful implementation of the Mobile Device Management System (MDMS), a groundbreaking solution aimed at combating illegal import, sale, and distribution of mobile phones within the country. Business 13 Jun, 2023
Promate in Nepal Cellucity International Pvt Ltd, Nepal’s premier importer and distributor of mobile devices, has introduced Promate, a renowned Taiwan brand to the Nepali market. Business 09 Jun, 2023
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers World 06 Jun, 2023
'Budget lacks immediate measures to tackle economic slowdown' ​​​​​​​The Federation of Nepalese Chambers of Commerce and Industries (FNCCI) has expressed concerns regarding the budget for the fiscal year 2023-24, stating that it lacks immediate measures to effectively address the ongoing economic slowdown. Business 06 Jun, 2023
Coca-Cola campaign Coca-Cola, the most preferred beverage brand in Nepal has launched one of its biggest promotional campaigns for this year for its consumers named ‘Chill N’ Win’. Business 05 Jun, 2023
NATTA urges government not to impose taxes on outbound tours and airfares The Nepal Association of Tour and Travel Agents (NATTA) has expressed concerns over the government’s decision to change tax rates and impose value added tax (VAT) on airfares as well as to impose a five per cent foreign tourism charge on sale of foreign tour package, as announced through the budget speech for the upcoming fiscal year 2023-24. Business 02 Jun, 2023
'We expect growth of more than 20 per cent this year' CEAT India, a leading tyre brand known for its superior quality and innovative solutions, has made significant strides in the Indian market. Now, CEAT is all set to expand its footprint in Nepal, a move that reinforces its position as a key player in the tyre industry. Business 01 Jun, 2023
Footwear Expo The First Lalitpur Footwear Business Expo 2023 will be held at Jawalakhel Sports Ground in Lalitpur Metropolitan Municipality of Bagmati Province from May 31 to July 2. Business 30 May, 2023
Nepal's pride industry is under existential threat Our shoes are not just products; they are symbols of national pride, telling the world that we are a nation that values tradition, innovation, and excellence. Business 28 May, 2023
Spurt in smuggling of imported liquor has dented country's revenue badly Foreign alcohol brands smuggled into Nepal through the porous border continue to eat away at the market shares of similar brands imported legitimately into the country. Nepal 26 May, 2023
