KATHMANDU: The UK government is preparing to introduce new measures to help make electric vehicles (EVs) more affordable, according to Bloomberg. This move is part of the Labor government’s plan to phase out the sale of petrol and diesel vehicles…

KATHMANDU: The NADA Automobiles Association of Nepal has expressed dissatisfaction with the Monetary Policy for 2025/26, stating that it largely ignores the concerns and suggestions of the country’s auto industry. Issuing a press statement on Friday, NADA said the new…

KATHMANDU: The Nepal Automobile Importers and Manufacturers Association (NAIMA) has said its suggestions were not incorporated in the Monetary Policy for 2025/26. Issuing a statement, NAIMA said it had proposed a long-term reform roadmap for the automobile industry, including a…

KATHMANDU: The government is preparing to open currently unused airports for recreational use and aviation training purposes under its new aviation policy framework. The Ministry of Culture, Tourism and Civil Aviation has introduced a proposal in the draft of the…

KATHMANDU: Bank and financial institutions disbursed Rs 6.84 billion in hire purchase loans to finance motor vehicle purchases in the first 11 months of the current fiscal year 2024/25, a 5.51% growth compared to the same period of the previous…