KATHMANDU: The Morning Midas, a cargo ship that caught fire on June 3 and sank 20 days later in international waters near Alaska’s Aleutian Islands chain, is projected to cost the shipping and automobile industry about $560 million, according to…

KATHMANDU: The blacktopping of the eastern stretch of the Muglin–Pokhara road has been completed. According to China Communication Construction Company, the construction company executing the project, the expansion and blacktopping of the 41.5-kilometre stretch from Abukhaireni to Jamune into a…

KATHMANDU: SERES Nepal is organizing ‘Monsoon Exchange Camp’ at all its authorized showrooms across the country. The week-long campaign, which kicked off on Thursday, promises the best vehicle exchange valuation in the industry, according to the company. Customers willing to…

KATHMANDU: Yamaha Nepal has opened a new 3S showroom called Moto Crafts Pvt. Ltd. in Gongabu, Kathmandu. The company aims to make its sales, service and spare parts more accessible to customers in the valley. The 3S facility offers Sales,…

KATHMANDU: Nepalis may soon take to the skies in their own private planes. The government has proposed a new aviation policy that proposes allowing individuals and institutions to own aircraft for personal use. “Arrangements will be made to allow individuals or institutions…