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License applications must now be approved within 48 hours

KATHMANDU: Transport management offices will now be required to approve driving license applications submitted by applicants within 48 hours. The Department of Transport Management has introduced this provision through the newly issued “Directive on Electronic Delivery of Driving License Services,…
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Nepal Bank offers auto loan at 4.94% interest

KATHMANDU: Nepal Bank has introduced an auto loan scheme for customers planning to buy vehicles during the festive season. Under the scheme, customers can get vehicle loans at an interest rate of 4.94%. The offer is available until the end…
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Trump says he would be OK with China building cars in the U.S.

KATHMANDU: U.S. President Donald Trump said he would be open to Chinese automakers building cars in the United States, despite opposition from the U.S. lawmakers and major automakers. “If China wanted to come in and open a plant to build…