China attacks latest US chip restrictions

File Photo The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, Feb. 2, 2022, in Zhangjiakou, China. Photo Courtesy: AP

Kathmandu: China has hit back at the Biden administration’s decision to impose new restrictions on advanced chip exports. The foreign ministry said the curbs “violate the principles of the market economy and fair competition”. The measures target chipmaking tools as well as advanced chips, including two from market leader Nvidia. The move is being seen… Continue reading China attacks latest US chip restrictions

Three national cricketers join F1soft as brand ambassadors

Kathmandu: F1Soft Group has signed an agreement with three Nepali national cricket players as brand ambassadors. FonePay, E-Sewa and E-Sewa Money Transfer, subsidiary companies of F1Soft Group, have signed agreements with Kushal Bhurtel, Rohit Kumar Paudel and Dipendra Singh Airee respectively. The agreement with the cricketers was signed on October 5 in the presence of… Continue reading Three national cricketers join F1soft as brand ambassadors

TIA customs requests Nepalis not bring electric items while returning home

Kathmandu: The Tribhuvan International Airport (TIA) Customs Office has issued a notice requesting Nepali citizens from abroad not to bring various items. The office has requested passengers coming from abroad and Nepali citizens living abroad not to bring emergency lights, power banks, irons, hair dryers, mixers, water drawing machines, etc. Earlier, travelers and Nepali citizens… Continue reading TIA customs requests Nepalis not bring electric items while returning home

Security Board signs agreement with Private Equity Association to promote startups

Kathmandu: An agreement has been reached between Nepal Securities Board and Nepal Private Equity Association. The memorandum of understanding signed by Ramesh Kumar Hamal, Chairman of Securities Board and Siddhant Raj Pandey, Chairman of Nepal Private Equity Association. Both the organizations reached the agreement to promote cooperation and development between the private and alternative investment… Continue reading Security Board signs agreement with Private Equity Association to promote startups

Nepali PUBG team reaches semi-finals of Asian Games

Kathmandu: Nepali PUBG team reached semi-finals of the 19th Asian Games. As part of the ongoing competition in Hangzhou, China, the Nepali team has reached the semi-finals in the Peace Alice Asian Games version (PUBG) mobile under the e-Sports title. Now in the semi-finals, the top two teams of the four groups will compete in… Continue reading Nepali PUBG team reaches semi-finals of Asian Games

Nepal Tourism Board to purchase only electric vehicles now onwards

Kathmandu: Nepal Tourism Board (NTB) has announced that now onwards it will purchase only electric vehicle. The board, which brought the budget two months after the implementation of the current financial year, announced this through its budget for the current fiscal year. Recently, the government and the offices under different ministries are promoting electric vehicle.

Fonepay and NIPL launches Cross Border QR Payment between Nepal and India

Kathmandu: Fonepay Payment Service Ltd and NPCI International Payments Ltd (NIPL), the international arm of the of the National Payment Corporation of India, is now ready to launch the first Cross Border QR Payment between Nepal and India. This historic unveiling took place at the Global Fintech Fest 2023, a global gathering of fintech visionaries,… Continue reading Fonepay and NIPL launches Cross Border QR Payment between Nepal and India

51 electric charging station comes into operation at once

Kathmandu: Nepal Electricity Authority (NEA) inaugurates 51 electric vehicles built in different locations in the country at once. Energy, Water Resources and Irrigation Minister Shakti Bahadur Basnet and Secretary Dinesh Kumar Ghimire jointly inaugurated the fast charging station established at Nepal Police Club Bhrikutimandap in Kathmandu. According to the Authority, 51 charging stations for quick… Continue reading 51 electric charging station comes into operation at once

Communication Minister requests Korean ambassador to increase investment in Nepal’s IT sector

Kathmandu: Communication and Information Technology Minister Rekha Sharma has requested the Ambassador of South Korea to Nepal, Park Tae-yong, to increase Korean investment in Nepal’s information technology sector. Minister Sharma’s secretariat said that in the meeting held at Minister Sharma’s office at Singhdarbar, the relations between the two countries and possible cooperation in the field… Continue reading Communication Minister requests Korean ambassador to increase investment in Nepal’s IT sector

Ncell expands its 4G service in Jumla

Kathmandu: Ncell Axiata Limited has expanded 4G service in Jumla. Extending the service, Ncell has extended its 4G service to Jumla, a remote district of Karnali Province, in line with its commitment to ensure everyone has access to modern mobile broadband connectivity. Ncell has installed three new towers one by one in Chandannath Municipality, Tila… Continue reading Ncell expands its 4G service in Jumla