News

Kenta Kon to become Toyota CEO from April 1

KATHMANDU: Kenta Kon will take over as Chief Executive Officer of Toyota Motor Corporation on April 1. The 57-year-old executive will lead the company at a time when the global auto industry is facing challenges such as U.S. Tariffs and…
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Green energy accounts for over 90% of China’s investment growth in 2025

KATHMANDU: China’s clean energy sector accounted for more than 90 percent of the country’s investment growth last year, according to a new analysis. The report shows that industries linked to electric vehicles, batteries, solar, wind power, and related technologies contributed…
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US sets up strategic critical minerals reserve under project vault

KATHMANDU: The US government has announced Project Vault, a new strategic reserve aimed at securing rare earths and critical minerals used in automobiles, EVs, and advanced manufacturing, according to The White House. The initiative, established through an executive order signed…
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7,000 cat’s eyes to be installed on Kathmandu roads

KATHMANDU: Kathmandu Metropolitan City is set to install 7,000 cat’s eyes (reflective road studs) on roads within its jurisdiction to improve visibility and reduce night-time road accidents. The metropolitan city has already invited tenders for the project. Traffic Management Advisor…
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Election-focused vehicle permit rules issued, 7 key provisions outlined

KATHMANDU: The Election Commission has issued the “Vehicle Permit Procedure, 2082” targeting the House of Representatives election scheduled for March 5. The procedure was approved on February 3 and aims to regulate vehicle use during election campaigning and on polling…