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New driving licenses to have QR codes instead of chips

KATHMANDU: Driving licenses will now have QR codes instead of electronic chips. With the Security Printing Center (SPC) under the Ministry of Communication and Information Technology selected to print driving licenses, the Department of Transport Management (DoTM) has decided to…
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Govt prioritizes green hydrogen with major tax incentives

KATHMANDU: The government has prioritized green hydrogen production in Nepal by announcing tax exemptions in the budget for fiscal year 2025/26. “No taxes or duties will be levied on imported machinery for industries producing green hydrogen,” Finance Minister Bishnu Prasad…
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Laxmi Premium launches BMW iX2 at Rs 17.996 million

KATHMANDU: Laxmi Premium Motors, the authorized distributor of BMW in Nepal, has launched the sale of BMW’s third model in the ‘iX’ series, the iX2. The iX2 has been introduced to the Nepali market at a price of Rs 17.996…
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Hyundai unveils new 1.2-liter turbo engine

KATHMANDU: Hyundai is gearing up to revolutionize its hybrid strategy with the development of an all-new 1.2-liter turbocharged gasoline direct injection (TGDi) engine. Designed as part of the Korean automaker’s next-generation powertrain roadmap, this engine is expected to become a…