KATHMANDU: The Japanese contractor Hazama Ando Corporation, which is building the national pride Nagdhunga–Sisnekhola Tunnel, has demanded Rs 3.30 billion in compensation, citing multiple challenges during construction. According to project officials, the company has claimed losses due to changes in…

KATHMANDU: A camouflaged prototype of the next-generation BYD Dolphin has been spotted testing in China, hinting at major upgrades for the popular compact electric hatchback. According to Chinese automotive sources, the 2026 BYD Dolphin will likely feature BYD’s CTB (Cell-to-Body)…

KATHMANDU: Around 1,500 electric vehicles (EVs) have been imported through the Korala checkpoint in Mustang within a month, generating nearly Rs 3 billion in customs revenue. According to the Mustang Customs Office, a total of 1,498 EV units were imported…

KATHMANDU: The Financial Intelligence Unit (FIU Nepal) under Nepal Rastra Bank has placed hire purchase companies and vehicle dealers in the red flags of suspicious transactions and activities. FIU Nepal has updated the guidelines issued for Suspicious Transactions and Activities…

KATHMANDU: The Department of Transport Management (DoTM) is in the final stage of signing an agreement with the Security Printing Center to print around 3 million driver’s licenses. A preliminary deal for printing QR-coded licenses was signed last April, and…