KATHMANDU: Commuters in the Kathmandu Valley can now track the location of public vehicles from their mobile phones. The KTM Public Transport mobile application has been launched to provide real-time information on public transport operating across the Valley. Users can…

KATHMANDU: Car prices are coming under pressure in global markets as automakers face higher costs for raw materials, energy and transportation. The industry is also facing continued semiconductor supply challenges. These factors could push vehicle prices higher in the coming…

KATHMANDU: The quota system for obtaining driving licenses has been reintroduced as transport offices continue to face problems with the new online licensing system. The Department of Transport Management (DoTM) introduced the new Electronic Driving License and Vehicle Registration System…

KATHMANDU : Samir Thakur, CEO of Hulas Finserv Hire Purchase Company, said around 80% of the loans provided by hire purchase companies are currently going towards vehicle purchases. Speaking at the “Mobilizing Mobility Through Finance and Insurance” program organized by…

KATHMANDU: Nepal Rastra Bank Director Satyendra Subedi said he does not see a major risk of a credit bubble from auto loans at present. Speaking at the “Mobilizing Mobility Through Finance and Insurance” program organized by the Nepal Automobile Importers…