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…

KATHMANDU: Toyota is taking its luxury game to the next level by transforming its iconic Century into a standalone ultra-premium brand that will sit above Lexus. The Century has long been a symbol of prestige in Japan. First introduced in…

KATHMANDU: Global sales of electric and plug-in hybrid vehicles reached a record 2.1 million units in September, up 26% year-on-year, according to market research firm Rho Motion. The growth was mainly driven by strong demand in China and a surge…

KATHMANDU: The construction of the Nagdhunga–Sisnekhola Tunnel Project, listed as a national pride project, is unlikely to meet its extended completion deadline of October 25, as around four percent of the work remains unfinished. According to Project Director Saujanya Nepal,…