News

261,000 vehicles face sale and renewal ban over unpaid fines

KATHMANDU: Vehicle owners and drivers who fail to pay traffic fines may no longer be able to access services provided by transport offices. The Kathmandu Valley Traffic Police Office has written to the Department of Transport Management requesting that services…
News

LETBE motorcycles enters Nepal market, bookings open

KATHMANDU: Chinese motorcycle brand LETBE has officially entered the Nepali market. Classic Wheels, the authorized distributor of Crossfire motorcycles and Italian motorcycle brands in Nepal, has introduced the new brand and opened bookings for its first two models. The company…
News

Car loans cheaper now: 9 banks cut base rates below 5%

KATHMANDU: Buying a new vehicle through a bank loan has become more affordable as commercial banks continue to lower their base rates, allowing borrowers to access auto loans at some of the lowest interest rates in Nepal’s history. With lending…