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…

KATHMANDU: The traffic police have intensified actions against vehicles violating traffic rules. The crackdown comes amid a surge in road accidents caused by reckless driving. According to Nepal Police, over 111,000 vehicles faced traffic penalties in the month of Jestha…