KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor…
KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor…
KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar…
The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in…
February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp.…
January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal,…
January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric…
Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry.…
December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of…
April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in…
April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank.…
March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the…
February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family…
Warning (2): getimagesize(/var/www/html/newbusinessage.com/app/webroot/img/news/thumbnails/Renault.jfif): failed to open stream: No such file or directory [APP/View/Articles/index.ctp, line 35]Code Context<?phplist($width, $height) = getimagesize(WWW_ROOT.'img'.DS.'news'.DS.'thumbnails'.DS.$article['Article']['image']);$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/index.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '21374', 'article_category_id' => '236', 'title' => 'Laxmi Intercontinental Offers Made in Nepal Hyundai Venue at 6.99 Percent Interest', 'sub_title' => '', 'summary' => 'KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor Corporation.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor Corporation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a recent statement, the company said that the price of Hyundai Venue 1.2 (S) has been fixed at Rs 44,96,000 and the price of Hyundai Venue 1.2 (SX) has been fixed at Rs 53,56,000. The company added that both the models produced in Nepal are now available for sale.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company has also announced a financing scheme at 6.99 percent interest and 10 years of free servicing as well as three years of warranty for purchasing a Hyundai Venue under this plan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Laxmi Motor Corporation was established in Nepal with the investment of Laxmi Group and technical support from Hyundai Motor Company. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This is the first time that a vehicle assembling plant has produced a vehicle in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claims that the structure, quality, performance and other properties of Venue produced in Nepal are the same as vehicles of the same model manufactured by Hyundai Motor Company in South Korea or India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The aim of the company is to produce vehicles in the domestic market and help industrialize the country. It also aims for import substitution, create jobs, increase domestic revenue, develop skill and technology, consume domestic resources and electricity, contribute to the gross domestic product, and provide vehicles at an affordable price to the consumers, added the statement.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-27', 'modified' => '2024-06-27', 'keywords' => '', 'description' => '', 'sortorder' => '21100', 'image' => '20240627114907_20190823021811_Clipboard01.jpg', 'article_date' => '2024-06-27 11:48:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21322', 'article_category_id' => '236', 'title' => 'Hansraj Hulaschand and Co Launches Pulsar N150 in Nepal', 'sub_title' => '', 'summary' => 'KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Issuing a recent statement, the company said that the Pulsar N150 is designed for riders who seek a bike with a balanced character, ideal for both everyday commuting and enjoyable rides.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Abhimanyu Golchha, director of Golchha Group, stated that Pulsar bikes have set new benchmarks in Nepal since the day of its launch, and also globally, making Pulsar one of the most loved motorcycling brands across 70 countries. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The company further said that the Pulsar N150 has been introduced under the theme ‘Balanced Power’ which captures the essence of a bike that offers both performance and practicality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the major highlight of this motorbike is the digital console with bluetooth connectivity for call and SMS alerts, enhancing the overall riding experience. Moreover, it also comes with practical amenities such as a USB charging port. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Similarly, its fuel injection system and BS6 make this bike more efficient, added the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“The Pulsar N150 boasts a sleek design with an aerodynamic 3D front embodying sculptural purity, finished in a dynamic interplay of metalized dual colors. Equipped with a powerful yet smooth 149.68 cc engine, the Pulsar N150 generates 14.5 PS of power and 13.5 Nm of torque, ensuring an exhilarating ride with an impressive mileage of 48 kmpl,” Reads the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The bike features an LED projector headlamp that offers unmatched illumination and precise beam for better safety, said the company adding, “The Pulsar N150 comes with single-channel ABS, enhancing its safety profile. The Pulsar N150 rides on 17-inch alloy wheels with tubeless tyres, providing good road grip and stability.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Pulsar N150 features several advanced components including a digital speedometer, tachometer, trip meter, and odometer. It supports USB charging and offers a clock and a distance-to-empty indicator for added convenience, said the company. Additionally, the vehicle integrates with the "cat" notification system and the Hide Connect app, enhancing connectivity. The bike has a single-seat type, a single tubular handle type, and comes equipped with a passenger footrest.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">With a kerb weight of 145 kg, the Pulsar N150 offers a stable and comfortable ride, the company further stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“It has a fuel capacity of 14 liters, making it suitable for long rides without frequent refueling. The bike’s braking system includes a 260 mm front disc brake and a 130 mm rear drum brake, ensuring effective stopping power.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the Pulsar N150 is available in the Nepali market at a price of Rs 359,900.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-20', 'modified' => '2024-06-20', 'keywords' => '', 'description' => '', 'sortorder' => '21047', 'image' => '20240620010020_IMG I.jpeg', 'article_date' => '2024-06-20 12:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18043', 'article_category_id' => '236', 'title' => 'Unstable Policies Hampering Electric Vehicle Promotion in Nepal: NADA', 'sub_title' => '', 'summary' => 'The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 1: The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In a press release issued on Wednesday, NADA Nepal Automobiles Association of Nepal has criticized the government for making changes on tax and excise duty on electric vehicles through the budget speech in the parliament by Finance Minister Dr Prakash Sharan Mahat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">“The decision to hike tax and excise duty on the electric vehicles contradicts government’s policy of encouraging electric vehicles,” the statement reads. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"The association has been calling the government for a long time to establish a stable and long-term policy with various incentives and provisions for electric vehicles," the press release states. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"However, the government’s frequent amendments to the tax policy in such vehicles without ground shows the inconsistency between the government's words and actions for the promotion of electric vehicles,” according to NADA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Furthermore, the Auto Association has mentioned that the fluctuating policies and uncertainties in granting discounts and facilities by the government on the manufacturing of the electric vehicles within the country severely affect the electric vehicle industry. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Unstable and inconsistent policies have deterred auto entrepreneurs willing to manufacture electric vehicles within Nepal, NADA says. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The government has also increased the customs tariff on public electric buses, thereby discouraging the use of electric buses in public transportation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Auto Association has expressed dissatisfaction with the government's new provision for battery-importing companies to self-manage batteries after sale and make public battery management plans on an annual basis. The Auto Association has demanded the removal of such provision, which is neither practical nor feasible. </span></span></p> ', 'published' => true, 'created' => '2023-06-01', 'modified' => '2023-06-01', 'keywords' => '', 'description' => '', 'sortorder' => '17774', 'image' => '20230601063352_collage (4).jpg', 'article_date' => '2023-06-01 06:31:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '16912', 'article_category_id' => '236', 'title' => 'Volkswagen Announces Exchange Offer', 'sub_title' => '', 'summary' => 'February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp. ', 'content' => '<p><span style="font-size:18px">February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp that allows customers to trade in their old cars of any brand and take home a brand-new Volkswagen. <br /> As per the company officials, the customers will get the guaranteed best valuation for their old vehicles than they can get in the market.<br /> According to the company, its customers will also benefit from excellent cash discounts, the best exchange value for their old cars, and spot exchange services. In addition, the offer includes a loyalty bonus and an exchange bonus as well as a 2-year unlimited km warranty, reads a statement issued by the company. <br /> The camp which started on February 1 will run up to March 30. Customers who are interested in trading in their old four-wheelers can visit any Volkswagen showroom and dealers all over Nepal, added the statement.<br /> Volkswagen Nepal currently offers the Polo, Taigun, Allspace, and Touareg models in the Nepalese market. The company said it is dedicated to providing customers with the highest quality products and the best customer service.<br />  </span><br /> </p> ', 'published' => true, 'created' => '2023-02-02', 'modified' => '2023-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '16651', 'image' => '20230202030317_vw.jpg', 'article_date' => '2023-02-02 15:02:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16792', 'article_category_id' => '236', 'title' => 'TVS bags Best Feature and Best Commuter Bike Awards', 'sub_title' => '', 'summary' => 'January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, TVS said that its Raider model also bagged several prestigious awards last year including IMOTY-2022 and Autocar. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, TVS Raider 125 has a stunning muscular look combined with several other amazing characteristics such as adjustable monoshock suspension, USB charging, under-seat storage, and wider tyres. Similarly, attractive all-new LED headlight, angular LED DRLs, and a fender up front enhance its appearance even more. Likewise, it comes with a 3-valve engine and has the quickest acceleration rate with 0-60 KM/H acceleration in only 5.9 seconds, added the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the statement issued by Techlekh, TVS Raider managed to conquer the tough competition due to its affordability, stylish look, and other updated features. “These features made the TVS Raider unbeatable.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors Pvt Ltd is the sole distributor of TVS two-wheelers in Nepal. The company claims to have a strong nationwide distribution network of more than 140 dealers across Nepal.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16533', 'image' => '20230119051508_TVS Bags Best Feature And Best Commuter Bike Awards.jpeg', 'article_date' => '2023-01-19 17:14:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16789', 'article_category_id' => '236', 'title' => 'Sipradi Trading Orgagnises Nexon EV Range Test 2023', 'sub_title' => '', 'summary' => 'January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles, which the company believes will help protect environment and also ensure sustainable economic development.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement, the company said that there was enthusiastic participation of Nexon EV customers during the programme. Subash Khadka scored 397 Wh/Km along the Butwal-Bhairahawa road section to top the list of participants. Likewise, Gopal Sharma finished second with 387 Wh/Km range and Subodh Bhattarai secured third position with 378 Wh/Km range. Only 22 participants were able to score more than 300 range during the programme, the company said in the statement.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The top drivers with maximum range for minimum consumption of energy were provided attractive gift hampers by Sipradi Trading. First-placed Khadka bagged an LED TV while second place finisher Sharma was awarded a Samsung oven. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16530', 'image' => '20230119044302_NexonEV Range Test 2023 Butwal.jpeg', 'article_date' => '2023-01-19 16:42:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16482', 'article_category_id' => '236', 'title' => 'Auto Entrepreneurs, Importers Stage Sit-In At Maitighar Mandala Kathmandu ', 'sub_title' => '', 'summary' => 'Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. ', 'content' => '<p><span style="font-size:14px">December 8: Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. </span></p> <p><span style="font-size:14px">Auto entrepreneurs led by the NADA Automobiles Association of Nepal staged a sit-in at Maitighar Mandala, Kathmandu today. Carrying placards against the government and Nepal Rastra Bank, protesting auto importers demanded with government for business-friendly policies. They warned of continuing with their agitation until their demands were addressed by the government and Nepal Rastra Bank. </span></p> <p><span style="font-size:14px">Speaking at the sit-in programme, NADA Automobile Associations of Nepal Chairman Dhruba Thapa said that though import of the vehicles was open provision of 50 per cent and 100 per cent cash margin while opening letter of credit (LC) for importing vehicles had made them hard to import vehicles. Thapa demanded that the government remove the cash margin provision. </span></p> <p><span style="font-size:14px">“The government has to remove cash margin provisions while opening (LC) and increase financing cap to 80 per cent from the current 50 per cent”, Thapa demanded. He argued that selling vehicles would be tough with 50 per cent financing cap and current increased interest rate. Thapa warned of waging stern protest if their demands are not addressed immediately. “Nepal Rastra Bank’s policies are against the auto industry. The central bank has aggravated the industry, which is already struggling due to liquidity crisis and soaring interest rate”, Thapa added. </span></p> <p><span style="font-size:14px">Auto entrepreneurs have put forward a host of demands. Their demands include removing working capital guidelines, scrapping 50 per cent and 100 per cent cash margin provision while opening letter of credit (LC), lowering auto loan risk weightage from current 150 per cent to 75 per cent, and review of Credit Deposit ratio, among others. </span></p> <p><span style="font-size:14px">The government had imposed the ban on the import of cars, jeeps, vans and motorbikes above the capacity of 150 CC along with other edible goods since April 26, 2022. Terming the vehicles as luxury goods, the government had banned the import of vehicles, citing depletion of foreign currency reserves. A Cabinet meeting held on Tuesday had decided to lift ban on the import of all kinds of goods and services including vehicles from December 16. </span></p> <p><span style="font-size:14px">Organizing a press meet on December 2, NADA Automobiles Association of Nepal had announced a series of agitations. As part of the protest programme, automobile entrepreneurs and importers had staged the sit-in today. </span></p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16221', 'image' => '20221208060243_aandolan.jpg', 'article_date' => '2022-12-08 17:19:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '16479', 'article_category_id' => '236', 'title' => 'Mirganj Bridge Reopens after 11 Months', 'sub_title' => '', 'summary' => 'December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The new motorable bridge, built after the collapse of the old bridge, has been opened for public use. The operation of this strategic bridge – from the point of view of trade – has shortened the distance for vehicles carrying materials and other goods to the Biratnagar customs by 116 kilometers. This is expected to save both the time and money of the traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Until the bridge was operational, the transport vehicles entering Nepal through Jogbani checkpoint had to take a detour through the Bhantabari checkpoint in Sunsari. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Before this bridge was opened, an average of 68 cargo vehicles had been entering Nepal on a daily basis. On Wednesday, a total of 168 vehicles entered Nepal through the Nepal-India Integrated Checkpoint (ICP) at Jogbani in India and Rani in Nepal. According to the traders, the transportation cost of one truck/container is Rs 16,000.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ramchandra Dhungana, information officer of Biratnagar Customs Office, confirmed that freight vehicles have started arriving from the integrated check post since Wednesday. Customs chief Tara Prasad Sapkota said that though the Mirganj Bridge is yet to be officially commissioned, freight vehicles are passing through the ICP, and their number has increased. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">When the Mirganj Bridge was flooded, the revenue collection of the Biratnagar customs decreased by Rs 18.7 billion in 10 months. During this period, the traders have had to pay an additional transportation fee of around Rs 96.6 million in order to bring the goods through Sunsari's Bhantabari checkpoint.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Regmi, an industrialist, said that the cost of industrial production will be reduced with the reduction in transport fares after the Mirganj Bridge came into operation. He said that the transportation time will also be shortened.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ratnakar Yadav, head of the Jogbani Office of Land Port Authority of India, said that since the Mirganj Bridge was ready and could be opened for cargo vehicles, traffic was allowed through the ICP from Tuesday night. He said that although there is still some work to be done on the bridge and flyovers, there will be no problem for the movement of cargo vehicles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He informed more than 160 freight vehicles entered Nepal on Tuesday night.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16219', 'image' => '20221208023904_1670451569.6.jpg', 'article_date' => '2022-12-08 14:38:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15148', 'article_category_id' => '236', 'title' => 'Nepal Starts Producing Electric Vehicles in the Country', 'sub_title' => '', 'summary' => 'April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal. The company informed that it started the production of electric vehicles with the objective of reducing consumption of petroleum products by increasing the use of environment-friendly vehicles in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Auto set up an assembly plant in Rupandehi district two years ago with an investment of around Rs 1 billion to produce electric vehicles in Nepal by importing spare parts from abroad. The company informed during a press conference organized in Kathmandu on Thursday that it succeeded in producing electric vehicles after a long period of tests. In the initial phase, the company will be producing all types of motorcycles, scooters and cars. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Bhesh Bahadur Thapa, operator of Sundar Yatayat Pvt Ltd, said that the company also installs electric engines on all kinds of vehicles powered by petrol and diesel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He informed that it costs around Rs 70,000 to Rs 80,000 to add a new engine run by electric energy on a scooter or a motorcycle powered by fuel. The new engine will allow the vehicles run for 100 km. After the charge finishes, the vehicle will switch back to run with fuel. He said that it would cost Rs 120,000 to Rs 140,000 to add electric engine on a four-wheeler powered by fossil fuel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Converting an old bike or scooter to electric vehicle is cost-effective in the long run.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pandav Poudel, an engineer at Sundar Auto Engineering Pvt. Ltd. said, “A scooter or bike that runs a hundred kilometers costs Rs 450 on fuel. Converting it to electric can cover the same distance at just Rs 31 and help people save more than Rs 400. He informed that it takes three days to convert a fuel powered vehicle to an electricity powered vehicle. So far, the company converts only scooters, bikes and cars into electrical vehicles. Engineer Poudel informed that test work is being done in case of Hiace and big buses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><strong>Electric vehicles outside the valley</strong></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Transport Pvt. Ltd. is going to operate electric vehicles outside the Kathmandu Valley as well. The company informed that it is preparing to run electric vehicles in major cities outside the Kathmandu Valley with the objective of providing transportation services at affordable prices in the face of increasing fuel prices.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the company said that they are preparing to run an electric bus from Kakadvitta of Jhapa to Biratnagar by April 28. Similarly, preparations are being made to run an electric bus from Bhandara of Chitwan to Nawalparasi by May 29. Sundar Transport is currently running electric bus in Kathmandu Valley.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-22', 'keywords' => '', 'description' => '', 'sortorder' => '14890', 'image' => '20220422030631_electric-bikes-in-nepal.jpg', 'article_date' => '2022-04-22 15:05:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15123', 'article_category_id' => '236', 'title' => 'Automobile Business in Crisis after Banks Stop Opening LCs for Importing Vehicles', 'sub_title' => '', 'summary' => 'April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. Automobile dealers are making efforts to reverse the decision stating that their entire business has been affected due to the decision. However, the central bank's unannounced ban on LCs is not expected to be lifted immediately.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the NADA Automobiles Association of Nepal, an umbrella body of automobile dealers, met with Prime Minister Sher Bahadur Deuba last week urging him to direct Nepal Rastra Bank to allow banks to open an LC for importing vehicles. On Sunday, the representatives of NADA also met Finance Minister Janardan Sharma. Despite meeting high-ranking government officials, the automobile dealers complained that they have not received anything but assurance so far.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the association, investors have poured more than Rs 350 billion in the automobile business. This sector contributes more than Rs 150 billion in revenue every year. Entrepreneurs have complained that the area which has provided direct employment to more than 98,000 people has become chaotic due to the suspension of LC.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President of the association Dhruba Thapa said it was not appropriate to restrict opening LCs on the grounds that foreign exchange reserves were low. "No other country does that, but it has been done in Nepal," he said.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Sharma made it clear to NADA officials that the government was not in favour of stopping imports.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NADA officials had requested the finance minister to lift the ban on LC for importing vehicles. NADA Vice President Rajan Babu Shrestha had briefed Finance Minister Sharma about the possible impacts of stopping the import of vehicles into the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that the automobile sector, which has invested heavily, is in crisis after commercial banks stopped opening LCs for importing automobiles that are listed as luxury items. The banks did so upon the verbal instructions of NRB. According to NADA Chairman Thapa, even the vehicles ordered earlier are stuck at this time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">When the association raised the issue on April 9, Prime Minister Sher Bahadur Deuba assured to take appropriate measures after looking into the matter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, entrepreneurs are disappointed that the LC has not been opened even a week after the Prime Minister's assurance. Entrepreneurs say that the auto business will collapse if the government does not eases import of vehicles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Prime Minister Deuba had also suggested the businessmen take up the issue with the finance minister. Accordingly, the businessmen met the finance minister. They said that they only got assurance from the finance minister during the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Finance Minister Sharma asked the traders to be patient. The association is also preparing to meet Officiating Governor of Nepal Rastra Bank Neelam Dhungana Timsina to raise the issue. Entrepreneurs argue that the recent policy of the NRB has put the business in crisis and have requested facilitation in opening LC.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '14865', 'image' => '20220418022912_nada.jpg', 'article_date' => '2022-04-18 14:28:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '14892', 'article_category_id' => '236', 'title' => 'PROTON X50 Spotted in Nepal', 'sub_title' => '', 'summary' => 'March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claimed that Proton X50 is the newest addition from the Malaysian carmakers in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, the Proton X50 comes in four variants. The SUV is be powered by a 1.5-litre turbocharged three-cylinder, and a TGDi (Direct Injection) turbocharged three-cylinder petrol in the top flagship variant. The engines produce 150 PS of Maximum Power and 226 NM of torque with the TGDi engine upping the numbers to 130PS of power and 255 Nm of torque, the company said in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 has a long list of features, including an Advanced Driver Assistance System (ADAS), which is only seen in a few premium manufacturers, the company claimed. The Proton X50 SUV, according to the manufacturer's website, includes best-in-class features such as 6 airbags, ABS with EBS and BA, Auto Headlights and Wipers, Keyless Entry (with active touch sensors on the front door handles), Push-Start, 360-Degree Camera, 8 Speakers, 8-inch Infotainment Screen, Autonomous Emergency Braking, Adaptive Cruise Control, Climate Control with Smart Air Purifier System, and Electrically Foldable seats. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 also comes with a useful Auto Park feature, a self-parking system. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The X50 also holds a full 5-star crash test rating from ASEAN-NCAP,” the statement said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors has been selling PROTON since 2020 with variants such PROTON Saga in the entry level sedan segment and the luxurious PROTON X70 in the premium SUV segment. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“PROTON has been able to create a huge impression in the market with their product as well as after sales services and the upcoming X50 will surely boost their presence in the Nepali market while other brands are struggling with stock and inventory in the present scenario,” added the statement. </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-03-08', 'modified' => '2022-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '14635', 'image' => '20220308120618_X50 2.jpeg', 'article_date' => '2022-03-08 12:05:36', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '14813', 'article_category_id' => '236', 'title' => 'CG Motocrop Rolls out Fuel-Efficient Suzuki Celerio', 'sub_title' => '', 'summary' => 'February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">With the growing fuel price in the country, Celerio can be a perfect car for Nepalese customers as it promises to be low on running cost, the company said in a statement. According to the company, the new Celerio comes with an unparalleled driving experience, new 3D organic sculpted design, first-in-segment safety, and convenience features. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to Siraj Pant, general manager for sales and marketing of CG Motocrop, Celerio has been a much-loved family car in the Nepalese market. This next-generation Celerio, offers even more to the Nepalese customers with its highest mileage and unmatched safety and convenient features, while offering a fresh new design in this segment, added Pant.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The statement added that the all-new Celerio offers a spacious cabin for increased comfort. Equipped with the next generation K-series engine with Dual Jet, Dual VVT, the all-new Celerio is the most fuel-efficient petrol car offering a mileage of 26.68 km per litre, the company claimed.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">“With segment-first features like Idle Start-Stop, the all-new Celerio makes a step forward towards sustainability by reducing CO2 emissions by up to 19 percent across variants. Powered by cutting-edge technology, it offers a torque of 89Nm@3500rpm and power of 67ps@5500RPM. Development of Next-gen K-series engine is done with the use of state-of-art technology like cooled EGR, auto tensioner, and integrated exhaust manifold,” the statement said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Built on Suzuki’s signature HEARTECT platform, the all-new Celerio comes with a smooth structure for effective absorption and dispersion of impact force, the company further said. According to the statement, the HEARTECT platform improves rigidity and overall strength of the car. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-02-22', 'modified' => '2022-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '14555', 'image' => '20220222091443_Untitled.jpg', 'article_date' => '2022-02-22 21:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '14482', 'article_category_id' => '236', 'title' => 'New Showroom of Renault in Lahan', 'sub_title' => '', 'summary' => 'December 15: A new showroom of Renault has come into operation in Lahan from Monday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 15: A new showroom of Renault has come into operation in Lahan from Monday. Renault opened the new showroom with the aim of expanding its branches all over Nepal. Renault collaborated with Bhagya Mahalaxmi Automobiles to open the new showroom. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Adhir Kumar Shrestha, the General Manager of the company and Bipul Bhattarai, the Head of Sales Network, inaugurated the new showroom amid a function. According to a statement issued by the company, the inauguration ceremony was attended chief guest Ashok Lal Amatya from District Chamber of Commerce and Industry, and Ram Shah<strong>, </strong>the director of the Bhagya Laxmi Automobiles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We are committed to provide high quality services to our customers. In addition, we are grateful for the trust that Nepali consumers have put in us,” the statement quoted General Manager Adhir Kumar Shrestha as saying. The head of Sales Network, Bipul Bhattarai reportedly said that the newly opened showroom will provide all necessary services to the customers outside the Kathmandu Valley.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Renault's most popular models Kwid, Triber, Kiger and Duster are available in the new showroom. Customers can also get spare parts, accessories and other services at the showroom.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-12-15', 'modified' => '2021-12-15', 'keywords' => '', 'description' => '', 'sortorder' => '14227', 'image' => 'Renault.jfif', 'article_date' => '2021-12-15 16:39:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '14476', 'article_category_id' => '236', 'title' => 'Paramount Motors Launch MG Hector in Nepal', 'sub_title' => 'Pricing Starts at Rs 5.99 Million', 'summary' => 'December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector. The new model of MG Motors was launched recently at the company’s showroom in Naxal showroom amid a press conference. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Following the launch, Paramount Motors unveiled the price of the new model and announced the commencement of vehicle delivery to the customers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, Hector MT and CVT have been competitively priced at Rs 5.99 million and Rs 6.49 million respectively. The company claimed that the two variants are in high demand in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Issuing a statement on December 9, Paramount Motors said that the new Hector has been designed by taking into consideration the safety and functionality. The new Hector, made in India variant is said to suit the roads and traffic of Nepal and will be available for purchase through the company’s dealerships across the nation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under its corporate social responsibility, Paramount Motors handed over Rs 1 million to help Zonta Club of Kathmandu organize awareness campaign on issues related to domestic violence, work/public harassment and child marriage. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><img alt="" src="/app/webroot/userfiles/images/Hectorr.jpg" style="height:214px; width:800px" /></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-12-14', 'modified' => '2021-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '14221', 'image' => '20211214070043_Hector.jpg', 'article_date' => '2021-12-14 18:58:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '13814', 'article_category_id' => '236', 'title' => 'Chinese Automobile Brand Cherry Enters Nepali Market Officially', 'sub_title' => '', 'summary' => 'August 13: Chinese automobile brand Cherry has officially entered the Nepali market.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">August 13: Chinese automobile brand Cherry has officially entered the Nepali market.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The company signed an agreement with SPG Automobiles as its official distributor at a virtual signing event held on August 12.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Cherry has been China's largest passenger vehicle exporter since 2003. The company believes that the entry of this brand in Nepal will have a positive impact on the Nepal’s automobile industry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Chairman of Cherry International, HE Xiaoqing, said that the cooperation between the two sides would help in the development of the Nepali automobile sector. Following Nepal's long-term trade strategy, Cherry plans to create a competitive environment through new products and address market demand, as per the chairman.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-08-13', 'modified' => '2021-08-13', 'keywords' => '', 'description' => '', 'sortorder' => '13559', 'image' => '20210813023150_chery.jpg', 'article_date' => '2021-08-13 14:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $cat_id = '236' $categoryTitle = array( 'ArticleCategory' => array( 'id' => '236', 'name' => 'Auto', 'parentOf' => '0', 'published' => true, 'registered' => '2018-12-04 00:00:00', 'sortorder' => '109', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '2018-11-16 00:00:00', 'modified' => '2018-12-24 10:35:39' ) ) $article = array( 'Article' => array( 'id' => '14482', 'article_category_id' => '236', 'title' => 'New Showroom of Renault in Lahan', 'sub_title' => '', 'summary' => 'December 15: A new showroom of Renault has come into operation in Lahan from Monday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 15: A new showroom of Renault has come into operation in Lahan from Monday. Renault opened the new showroom with the aim of expanding its branches all over Nepal. Renault collaborated with Bhagya Mahalaxmi Automobiles to open the new showroom. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Adhir Kumar Shrestha, the General Manager of the company and Bipul Bhattarai, the Head of Sales Network, inaugurated the new showroom amid a function. According to a statement issued by the company, the inauguration ceremony was attended chief guest Ashok Lal Amatya from District Chamber of Commerce and Industry, and Ram Shah<strong>, </strong>the director of the Bhagya Laxmi Automobiles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We are committed to provide high quality services to our customers. In addition, we are grateful for the trust that Nepali consumers have put in us,” the statement quoted General Manager Adhir Kumar Shrestha as saying. The head of Sales Network, Bipul Bhattarai reportedly said that the newly opened showroom will provide all necessary services to the customers outside the Kathmandu Valley.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Renault's most popular models Kwid, Triber, Kiger and Duster are available in the new showroom. Customers can also get spare parts, accessories and other services at the showroom.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-12-15', 'modified' => '2021-12-15', 'keywords' => '', 'description' => '', 'sortorder' => '14227', 'image' => 'Renault.jfif', 'article_date' => '2021-12-15 16:39:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ) $width = (int) 450 $height = (int) 299 $ratio = (float) 1.505016722408 $img_width = (int) 280 $img_height = (float) 186.04 $date = '2022-02-22 21:13:57' $dateFromDatabase = (int) 1645543737 $dateTwentyforHoursAgo = (int) 1741399230 $today = '2025-03-09 07:45:30am' $today2 = (int) 1741485630 $newDate = 'Feb 22, 2022' $commentCount = (int) 0 $word_count = (int) 426 $time_to_read = (float) 2.13 $time_to_read_min = (float) 2 $time_to_read_second = (float) 8getimagesize - [internal], line ?? include - APP/View/Articles/index.ctp, line 35 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): Division by zero [APP/View/Articles/index.ctp, line 36]Code Context<?phplist($width, $height) = getimagesize(WWW_ROOT.'img'.DS.'news'.DS.'thumbnails'.DS.$article['Article']['image']);$ratio = $width / $height;$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/index.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '21374', 'article_category_id' => '236', 'title' => 'Laxmi Intercontinental Offers Made in Nepal Hyundai Venue at 6.99 Percent Interest', 'sub_title' => '', 'summary' => 'KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor Corporation.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor Corporation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a recent statement, the company said that the price of Hyundai Venue 1.2 (S) has been fixed at Rs 44,96,000 and the price of Hyundai Venue 1.2 (SX) has been fixed at Rs 53,56,000. The company added that both the models produced in Nepal are now available for sale.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company has also announced a financing scheme at 6.99 percent interest and 10 years of free servicing as well as three years of warranty for purchasing a Hyundai Venue under this plan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Laxmi Motor Corporation was established in Nepal with the investment of Laxmi Group and technical support from Hyundai Motor Company. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This is the first time that a vehicle assembling plant has produced a vehicle in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claims that the structure, quality, performance and other properties of Venue produced in Nepal are the same as vehicles of the same model manufactured by Hyundai Motor Company in South Korea or India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The aim of the company is to produce vehicles in the domestic market and help industrialize the country. It also aims for import substitution, create jobs, increase domestic revenue, develop skill and technology, consume domestic resources and electricity, contribute to the gross domestic product, and provide vehicles at an affordable price to the consumers, added the statement.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-27', 'modified' => '2024-06-27', 'keywords' => '', 'description' => '', 'sortorder' => '21100', 'image' => '20240627114907_20190823021811_Clipboard01.jpg', 'article_date' => '2024-06-27 11:48:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21322', 'article_category_id' => '236', 'title' => 'Hansraj Hulaschand and Co Launches Pulsar N150 in Nepal', 'sub_title' => '', 'summary' => 'KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Issuing a recent statement, the company said that the Pulsar N150 is designed for riders who seek a bike with a balanced character, ideal for both everyday commuting and enjoyable rides.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Abhimanyu Golchha, director of Golchha Group, stated that Pulsar bikes have set new benchmarks in Nepal since the day of its launch, and also globally, making Pulsar one of the most loved motorcycling brands across 70 countries. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The company further said that the Pulsar N150 has been introduced under the theme ‘Balanced Power’ which captures the essence of a bike that offers both performance and practicality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the major highlight of this motorbike is the digital console with bluetooth connectivity for call and SMS alerts, enhancing the overall riding experience. Moreover, it also comes with practical amenities such as a USB charging port. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Similarly, its fuel injection system and BS6 make this bike more efficient, added the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“The Pulsar N150 boasts a sleek design with an aerodynamic 3D front embodying sculptural purity, finished in a dynamic interplay of metalized dual colors. Equipped with a powerful yet smooth 149.68 cc engine, the Pulsar N150 generates 14.5 PS of power and 13.5 Nm of torque, ensuring an exhilarating ride with an impressive mileage of 48 kmpl,” Reads the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The bike features an LED projector headlamp that offers unmatched illumination and precise beam for better safety, said the company adding, “The Pulsar N150 comes with single-channel ABS, enhancing its safety profile. The Pulsar N150 rides on 17-inch alloy wheels with tubeless tyres, providing good road grip and stability.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Pulsar N150 features several advanced components including a digital speedometer, tachometer, trip meter, and odometer. It supports USB charging and offers a clock and a distance-to-empty indicator for added convenience, said the company. Additionally, the vehicle integrates with the "cat" notification system and the Hide Connect app, enhancing connectivity. The bike has a single-seat type, a single tubular handle type, and comes equipped with a passenger footrest.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">With a kerb weight of 145 kg, the Pulsar N150 offers a stable and comfortable ride, the company further stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“It has a fuel capacity of 14 liters, making it suitable for long rides without frequent refueling. The bike’s braking system includes a 260 mm front disc brake and a 130 mm rear drum brake, ensuring effective stopping power.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the Pulsar N150 is available in the Nepali market at a price of Rs 359,900.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-20', 'modified' => '2024-06-20', 'keywords' => '', 'description' => '', 'sortorder' => '21047', 'image' => '20240620010020_IMG I.jpeg', 'article_date' => '2024-06-20 12:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18043', 'article_category_id' => '236', 'title' => 'Unstable Policies Hampering Electric Vehicle Promotion in Nepal: NADA', 'sub_title' => '', 'summary' => 'The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 1: The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In a press release issued on Wednesday, NADA Nepal Automobiles Association of Nepal has criticized the government for making changes on tax and excise duty on electric vehicles through the budget speech in the parliament by Finance Minister Dr Prakash Sharan Mahat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">“The decision to hike tax and excise duty on the electric vehicles contradicts government’s policy of encouraging electric vehicles,” the statement reads. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"The association has been calling the government for a long time to establish a stable and long-term policy with various incentives and provisions for electric vehicles," the press release states. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"However, the government’s frequent amendments to the tax policy in such vehicles without ground shows the inconsistency between the government's words and actions for the promotion of electric vehicles,” according to NADA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Furthermore, the Auto Association has mentioned that the fluctuating policies and uncertainties in granting discounts and facilities by the government on the manufacturing of the electric vehicles within the country severely affect the electric vehicle industry. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Unstable and inconsistent policies have deterred auto entrepreneurs willing to manufacture electric vehicles within Nepal, NADA says. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The government has also increased the customs tariff on public electric buses, thereby discouraging the use of electric buses in public transportation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Auto Association has expressed dissatisfaction with the government's new provision for battery-importing companies to self-manage batteries after sale and make public battery management plans on an annual basis. The Auto Association has demanded the removal of such provision, which is neither practical nor feasible. </span></span></p> ', 'published' => true, 'created' => '2023-06-01', 'modified' => '2023-06-01', 'keywords' => '', 'description' => '', 'sortorder' => '17774', 'image' => '20230601063352_collage (4).jpg', 'article_date' => '2023-06-01 06:31:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '16912', 'article_category_id' => '236', 'title' => 'Volkswagen Announces Exchange Offer', 'sub_title' => '', 'summary' => 'February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp. ', 'content' => '<p><span style="font-size:18px">February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp that allows customers to trade in their old cars of any brand and take home a brand-new Volkswagen. <br /> As per the company officials, the customers will get the guaranteed best valuation for their old vehicles than they can get in the market.<br /> According to the company, its customers will also benefit from excellent cash discounts, the best exchange value for their old cars, and spot exchange services. In addition, the offer includes a loyalty bonus and an exchange bonus as well as a 2-year unlimited km warranty, reads a statement issued by the company. <br /> The camp which started on February 1 will run up to March 30. Customers who are interested in trading in their old four-wheelers can visit any Volkswagen showroom and dealers all over Nepal, added the statement.<br /> Volkswagen Nepal currently offers the Polo, Taigun, Allspace, and Touareg models in the Nepalese market. The company said it is dedicated to providing customers with the highest quality products and the best customer service.<br />  </span><br /> </p> ', 'published' => true, 'created' => '2023-02-02', 'modified' => '2023-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '16651', 'image' => '20230202030317_vw.jpg', 'article_date' => '2023-02-02 15:02:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16792', 'article_category_id' => '236', 'title' => 'TVS bags Best Feature and Best Commuter Bike Awards', 'sub_title' => '', 'summary' => 'January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, TVS said that its Raider model also bagged several prestigious awards last year including IMOTY-2022 and Autocar. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, TVS Raider 125 has a stunning muscular look combined with several other amazing characteristics such as adjustable monoshock suspension, USB charging, under-seat storage, and wider tyres. Similarly, attractive all-new LED headlight, angular LED DRLs, and a fender up front enhance its appearance even more. Likewise, it comes with a 3-valve engine and has the quickest acceleration rate with 0-60 KM/H acceleration in only 5.9 seconds, added the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the statement issued by Techlekh, TVS Raider managed to conquer the tough competition due to its affordability, stylish look, and other updated features. “These features made the TVS Raider unbeatable.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors Pvt Ltd is the sole distributor of TVS two-wheelers in Nepal. The company claims to have a strong nationwide distribution network of more than 140 dealers across Nepal.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16533', 'image' => '20230119051508_TVS Bags Best Feature And Best Commuter Bike Awards.jpeg', 'article_date' => '2023-01-19 17:14:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16789', 'article_category_id' => '236', 'title' => 'Sipradi Trading Orgagnises Nexon EV Range Test 2023', 'sub_title' => '', 'summary' => 'January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles, which the company believes will help protect environment and also ensure sustainable economic development.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement, the company said that there was enthusiastic participation of Nexon EV customers during the programme. Subash Khadka scored 397 Wh/Km along the Butwal-Bhairahawa road section to top the list of participants. Likewise, Gopal Sharma finished second with 387 Wh/Km range and Subodh Bhattarai secured third position with 378 Wh/Km range. Only 22 participants were able to score more than 300 range during the programme, the company said in the statement.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The top drivers with maximum range for minimum consumption of energy were provided attractive gift hampers by Sipradi Trading. First-placed Khadka bagged an LED TV while second place finisher Sharma was awarded a Samsung oven. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16530', 'image' => '20230119044302_NexonEV Range Test 2023 Butwal.jpeg', 'article_date' => '2023-01-19 16:42:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16482', 'article_category_id' => '236', 'title' => 'Auto Entrepreneurs, Importers Stage Sit-In At Maitighar Mandala Kathmandu ', 'sub_title' => '', 'summary' => 'Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. ', 'content' => '<p><span style="font-size:14px">December 8: Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. </span></p> <p><span style="font-size:14px">Auto entrepreneurs led by the NADA Automobiles Association of Nepal staged a sit-in at Maitighar Mandala, Kathmandu today. Carrying placards against the government and Nepal Rastra Bank, protesting auto importers demanded with government for business-friendly policies. They warned of continuing with their agitation until their demands were addressed by the government and Nepal Rastra Bank. </span></p> <p><span style="font-size:14px">Speaking at the sit-in programme, NADA Automobile Associations of Nepal Chairman Dhruba Thapa said that though import of the vehicles was open provision of 50 per cent and 100 per cent cash margin while opening letter of credit (LC) for importing vehicles had made them hard to import vehicles. Thapa demanded that the government remove the cash margin provision. </span></p> <p><span style="font-size:14px">“The government has to remove cash margin provisions while opening (LC) and increase financing cap to 80 per cent from the current 50 per cent”, Thapa demanded. He argued that selling vehicles would be tough with 50 per cent financing cap and current increased interest rate. Thapa warned of waging stern protest if their demands are not addressed immediately. “Nepal Rastra Bank’s policies are against the auto industry. The central bank has aggravated the industry, which is already struggling due to liquidity crisis and soaring interest rate”, Thapa added. </span></p> <p><span style="font-size:14px">Auto entrepreneurs have put forward a host of demands. Their demands include removing working capital guidelines, scrapping 50 per cent and 100 per cent cash margin provision while opening letter of credit (LC), lowering auto loan risk weightage from current 150 per cent to 75 per cent, and review of Credit Deposit ratio, among others. </span></p> <p><span style="font-size:14px">The government had imposed the ban on the import of cars, jeeps, vans and motorbikes above the capacity of 150 CC along with other edible goods since April 26, 2022. Terming the vehicles as luxury goods, the government had banned the import of vehicles, citing depletion of foreign currency reserves. A Cabinet meeting held on Tuesday had decided to lift ban on the import of all kinds of goods and services including vehicles from December 16. </span></p> <p><span style="font-size:14px">Organizing a press meet on December 2, NADA Automobiles Association of Nepal had announced a series of agitations. As part of the protest programme, automobile entrepreneurs and importers had staged the sit-in today. </span></p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16221', 'image' => '20221208060243_aandolan.jpg', 'article_date' => '2022-12-08 17:19:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '16479', 'article_category_id' => '236', 'title' => 'Mirganj Bridge Reopens after 11 Months', 'sub_title' => '', 'summary' => 'December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The new motorable bridge, built after the collapse of the old bridge, has been opened for public use. The operation of this strategic bridge – from the point of view of trade – has shortened the distance for vehicles carrying materials and other goods to the Biratnagar customs by 116 kilometers. This is expected to save both the time and money of the traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Until the bridge was operational, the transport vehicles entering Nepal through Jogbani checkpoint had to take a detour through the Bhantabari checkpoint in Sunsari. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Before this bridge was opened, an average of 68 cargo vehicles had been entering Nepal on a daily basis. On Wednesday, a total of 168 vehicles entered Nepal through the Nepal-India Integrated Checkpoint (ICP) at Jogbani in India and Rani in Nepal. According to the traders, the transportation cost of one truck/container is Rs 16,000.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ramchandra Dhungana, information officer of Biratnagar Customs Office, confirmed that freight vehicles have started arriving from the integrated check post since Wednesday. Customs chief Tara Prasad Sapkota said that though the Mirganj Bridge is yet to be officially commissioned, freight vehicles are passing through the ICP, and their number has increased. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">When the Mirganj Bridge was flooded, the revenue collection of the Biratnagar customs decreased by Rs 18.7 billion in 10 months. During this period, the traders have had to pay an additional transportation fee of around Rs 96.6 million in order to bring the goods through Sunsari's Bhantabari checkpoint.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Regmi, an industrialist, said that the cost of industrial production will be reduced with the reduction in transport fares after the Mirganj Bridge came into operation. He said that the transportation time will also be shortened.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ratnakar Yadav, head of the Jogbani Office of Land Port Authority of India, said that since the Mirganj Bridge was ready and could be opened for cargo vehicles, traffic was allowed through the ICP from Tuesday night. He said that although there is still some work to be done on the bridge and flyovers, there will be no problem for the movement of cargo vehicles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He informed more than 160 freight vehicles entered Nepal on Tuesday night.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16219', 'image' => '20221208023904_1670451569.6.jpg', 'article_date' => '2022-12-08 14:38:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15148', 'article_category_id' => '236', 'title' => 'Nepal Starts Producing Electric Vehicles in the Country', 'sub_title' => '', 'summary' => 'April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal. The company informed that it started the production of electric vehicles with the objective of reducing consumption of petroleum products by increasing the use of environment-friendly vehicles in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Auto set up an assembly plant in Rupandehi district two years ago with an investment of around Rs 1 billion to produce electric vehicles in Nepal by importing spare parts from abroad. The company informed during a press conference organized in Kathmandu on Thursday that it succeeded in producing electric vehicles after a long period of tests. In the initial phase, the company will be producing all types of motorcycles, scooters and cars. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Bhesh Bahadur Thapa, operator of Sundar Yatayat Pvt Ltd, said that the company also installs electric engines on all kinds of vehicles powered by petrol and diesel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He informed that it costs around Rs 70,000 to Rs 80,000 to add a new engine run by electric energy on a scooter or a motorcycle powered by fuel. The new engine will allow the vehicles run for 100 km. After the charge finishes, the vehicle will switch back to run with fuel. He said that it would cost Rs 120,000 to Rs 140,000 to add electric engine on a four-wheeler powered by fossil fuel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Converting an old bike or scooter to electric vehicle is cost-effective in the long run.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pandav Poudel, an engineer at Sundar Auto Engineering Pvt. Ltd. said, “A scooter or bike that runs a hundred kilometers costs Rs 450 on fuel. Converting it to electric can cover the same distance at just Rs 31 and help people save more than Rs 400. He informed that it takes three days to convert a fuel powered vehicle to an electricity powered vehicle. So far, the company converts only scooters, bikes and cars into electrical vehicles. Engineer Poudel informed that test work is being done in case of Hiace and big buses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><strong>Electric vehicles outside the valley</strong></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Transport Pvt. Ltd. is going to operate electric vehicles outside the Kathmandu Valley as well. The company informed that it is preparing to run electric vehicles in major cities outside the Kathmandu Valley with the objective of providing transportation services at affordable prices in the face of increasing fuel prices.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the company said that they are preparing to run an electric bus from Kakadvitta of Jhapa to Biratnagar by April 28. Similarly, preparations are being made to run an electric bus from Bhandara of Chitwan to Nawalparasi by May 29. Sundar Transport is currently running electric bus in Kathmandu Valley.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-22', 'keywords' => '', 'description' => '', 'sortorder' => '14890', 'image' => '20220422030631_electric-bikes-in-nepal.jpg', 'article_date' => '2022-04-22 15:05:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15123', 'article_category_id' => '236', 'title' => 'Automobile Business in Crisis after Banks Stop Opening LCs for Importing Vehicles', 'sub_title' => '', 'summary' => 'April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. Automobile dealers are making efforts to reverse the decision stating that their entire business has been affected due to the decision. However, the central bank's unannounced ban on LCs is not expected to be lifted immediately.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the NADA Automobiles Association of Nepal, an umbrella body of automobile dealers, met with Prime Minister Sher Bahadur Deuba last week urging him to direct Nepal Rastra Bank to allow banks to open an LC for importing vehicles. On Sunday, the representatives of NADA also met Finance Minister Janardan Sharma. Despite meeting high-ranking government officials, the automobile dealers complained that they have not received anything but assurance so far.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the association, investors have poured more than Rs 350 billion in the automobile business. This sector contributes more than Rs 150 billion in revenue every year. Entrepreneurs have complained that the area which has provided direct employment to more than 98,000 people has become chaotic due to the suspension of LC.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President of the association Dhruba Thapa said it was not appropriate to restrict opening LCs on the grounds that foreign exchange reserves were low. "No other country does that, but it has been done in Nepal," he said.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Sharma made it clear to NADA officials that the government was not in favour of stopping imports.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NADA officials had requested the finance minister to lift the ban on LC for importing vehicles. NADA Vice President Rajan Babu Shrestha had briefed Finance Minister Sharma about the possible impacts of stopping the import of vehicles into the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that the automobile sector, which has invested heavily, is in crisis after commercial banks stopped opening LCs for importing automobiles that are listed as luxury items. The banks did so upon the verbal instructions of NRB. According to NADA Chairman Thapa, even the vehicles ordered earlier are stuck at this time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">When the association raised the issue on April 9, Prime Minister Sher Bahadur Deuba assured to take appropriate measures after looking into the matter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, entrepreneurs are disappointed that the LC has not been opened even a week after the Prime Minister's assurance. Entrepreneurs say that the auto business will collapse if the government does not eases import of vehicles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Prime Minister Deuba had also suggested the businessmen take up the issue with the finance minister. Accordingly, the businessmen met the finance minister. They said that they only got assurance from the finance minister during the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Finance Minister Sharma asked the traders to be patient. The association is also preparing to meet Officiating Governor of Nepal Rastra Bank Neelam Dhungana Timsina to raise the issue. Entrepreneurs argue that the recent policy of the NRB has put the business in crisis and have requested facilitation in opening LC.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '14865', 'image' => '20220418022912_nada.jpg', 'article_date' => '2022-04-18 14:28:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '14892', 'article_category_id' => '236', 'title' => 'PROTON X50 Spotted in Nepal', 'sub_title' => '', 'summary' => 'March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claimed that Proton X50 is the newest addition from the Malaysian carmakers in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, the Proton X50 comes in four variants. The SUV is be powered by a 1.5-litre turbocharged three-cylinder, and a TGDi (Direct Injection) turbocharged three-cylinder petrol in the top flagship variant. The engines produce 150 PS of Maximum Power and 226 NM of torque with the TGDi engine upping the numbers to 130PS of power and 255 Nm of torque, the company said in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 has a long list of features, including an Advanced Driver Assistance System (ADAS), which is only seen in a few premium manufacturers, the company claimed. The Proton X50 SUV, according to the manufacturer's website, includes best-in-class features such as 6 airbags, ABS with EBS and BA, Auto Headlights and Wipers, Keyless Entry (with active touch sensors on the front door handles), Push-Start, 360-Degree Camera, 8 Speakers, 8-inch Infotainment Screen, Autonomous Emergency Braking, Adaptive Cruise Control, Climate Control with Smart Air Purifier System, and Electrically Foldable seats. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 also comes with a useful Auto Park feature, a self-parking system. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The X50 also holds a full 5-star crash test rating from ASEAN-NCAP,” the statement said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors has been selling PROTON since 2020 with variants such PROTON Saga in the entry level sedan segment and the luxurious PROTON X70 in the premium SUV segment. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“PROTON has been able to create a huge impression in the market with their product as well as after sales services and the upcoming X50 will surely boost their presence in the Nepali market while other brands are struggling with stock and inventory in the present scenario,” added the statement. </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-03-08', 'modified' => '2022-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '14635', 'image' => '20220308120618_X50 2.jpeg', 'article_date' => '2022-03-08 12:05:36', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '14813', 'article_category_id' => '236', 'title' => 'CG Motocrop Rolls out Fuel-Efficient Suzuki Celerio', 'sub_title' => '', 'summary' => 'February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">With the growing fuel price in the country, Celerio can be a perfect car for Nepalese customers as it promises to be low on running cost, the company said in a statement. According to the company, the new Celerio comes with an unparalleled driving experience, new 3D organic sculpted design, first-in-segment safety, and convenience features. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to Siraj Pant, general manager for sales and marketing of CG Motocrop, Celerio has been a much-loved family car in the Nepalese market. This next-generation Celerio, offers even more to the Nepalese customers with its highest mileage and unmatched safety and convenient features, while offering a fresh new design in this segment, added Pant.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The statement added that the all-new Celerio offers a spacious cabin for increased comfort. Equipped with the next generation K-series engine with Dual Jet, Dual VVT, the all-new Celerio is the most fuel-efficient petrol car offering a mileage of 26.68 km per litre, the company claimed.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">“With segment-first features like Idle Start-Stop, the all-new Celerio makes a step forward towards sustainability by reducing CO2 emissions by up to 19 percent across variants. Powered by cutting-edge technology, it offers a torque of 89Nm@3500rpm and power of 67ps@5500RPM. Development of Next-gen K-series engine is done with the use of state-of-art technology like cooled EGR, auto tensioner, and integrated exhaust manifold,” the statement said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Built on Suzuki’s signature HEARTECT platform, the all-new Celerio comes with a smooth structure for effective absorption and dispersion of impact force, the company further said. According to the statement, the HEARTECT platform improves rigidity and overall strength of the car. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-02-22', 'modified' => '2022-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '14555', 'image' => '20220222091443_Untitled.jpg', 'article_date' => '2022-02-22 21:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '14482', 'article_category_id' => '236', 'title' => 'New Showroom of Renault in Lahan', 'sub_title' => '', 'summary' => 'December 15: A new showroom of Renault has come into operation in Lahan from Monday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 15: A new showroom of Renault has come into operation in Lahan from Monday. Renault opened the new showroom with the aim of expanding its branches all over Nepal. Renault collaborated with Bhagya Mahalaxmi Automobiles to open the new showroom. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Adhir Kumar Shrestha, the General Manager of the company and Bipul Bhattarai, the Head of Sales Network, inaugurated the new showroom amid a function. According to a statement issued by the company, the inauguration ceremony was attended chief guest Ashok Lal Amatya from District Chamber of Commerce and Industry, and Ram Shah<strong>, </strong>the director of the Bhagya Laxmi Automobiles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We are committed to provide high quality services to our customers. In addition, we are grateful for the trust that Nepali consumers have put in us,” the statement quoted General Manager Adhir Kumar Shrestha as saying. The head of Sales Network, Bipul Bhattarai reportedly said that the newly opened showroom will provide all necessary services to the customers outside the Kathmandu Valley.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Renault's most popular models Kwid, Triber, Kiger and Duster are available in the new showroom. Customers can also get spare parts, accessories and other services at the showroom.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-12-15', 'modified' => '2021-12-15', 'keywords' => '', 'description' => '', 'sortorder' => '14227', 'image' => 'Renault.jfif', 'article_date' => '2021-12-15 16:39:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '14476', 'article_category_id' => '236', 'title' => 'Paramount Motors Launch MG Hector in Nepal', 'sub_title' => 'Pricing Starts at Rs 5.99 Million', 'summary' => 'December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector. The new model of MG Motors was launched recently at the company’s showroom in Naxal showroom amid a press conference. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Following the launch, Paramount Motors unveiled the price of the new model and announced the commencement of vehicle delivery to the customers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, Hector MT and CVT have been competitively priced at Rs 5.99 million and Rs 6.49 million respectively. The company claimed that the two variants are in high demand in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Issuing a statement on December 9, Paramount Motors said that the new Hector has been designed by taking into consideration the safety and functionality. The new Hector, made in India variant is said to suit the roads and traffic of Nepal and will be available for purchase through the company’s dealerships across the nation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under its corporate social responsibility, Paramount Motors handed over Rs 1 million to help Zonta Club of Kathmandu organize awareness campaign on issues related to domestic violence, work/public harassment and child marriage. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><img alt="" src="/app/webroot/userfiles/images/Hectorr.jpg" style="height:214px; width:800px" /></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-12-14', 'modified' => '2021-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '14221', 'image' => '20211214070043_Hector.jpg', 'article_date' => '2021-12-14 18:58:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '13814', 'article_category_id' => '236', 'title' => 'Chinese Automobile Brand Cherry Enters Nepali Market Officially', 'sub_title' => '', 'summary' => 'August 13: Chinese automobile brand Cherry has officially entered the Nepali market.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">August 13: Chinese automobile brand Cherry has officially entered the Nepali market.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The company signed an agreement with SPG Automobiles as its official distributor at a virtual signing event held on August 12.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Cherry has been China's largest passenger vehicle exporter since 2003. The company believes that the entry of this brand in Nepal will have a positive impact on the Nepal’s automobile industry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Chairman of Cherry International, HE Xiaoqing, said that the cooperation between the two sides would help in the development of the Nepali automobile sector. Following Nepal's long-term trade strategy, Cherry plans to create a competitive environment through new products and address market demand, as per the chairman.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-08-13', 'modified' => '2021-08-13', 'keywords' => '', 'description' => '', 'sortorder' => '13559', 'image' => '20210813023150_chery.jpg', 'article_date' => '2021-08-13 14:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $cat_id = '236' $categoryTitle = array( 'ArticleCategory' => array( 'id' => '236', 'name' => 'Auto', 'parentOf' => '0', 'published' => true, 'registered' => '2018-12-04 00:00:00', 'sortorder' => '109', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '2018-11-16 00:00:00', 'modified' => '2018-12-24 10:35:39' ) ) $article = array( 'Article' => array( 'id' => '14482', 'article_category_id' => '236', 'title' => 'New Showroom of Renault in Lahan', 'sub_title' => '', 'summary' => 'December 15: A new showroom of Renault has come into operation in Lahan from Monday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 15: A new showroom of Renault has come into operation in Lahan from Monday. Renault opened the new showroom with the aim of expanding its branches all over Nepal. Renault collaborated with Bhagya Mahalaxmi Automobiles to open the new showroom. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Adhir Kumar Shrestha, the General Manager of the company and Bipul Bhattarai, the Head of Sales Network, inaugurated the new showroom amid a function. According to a statement issued by the company, the inauguration ceremony was attended chief guest Ashok Lal Amatya from District Chamber of Commerce and Industry, and Ram Shah<strong>, </strong>the director of the Bhagya Laxmi Automobiles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We are committed to provide high quality services to our customers. In addition, we are grateful for the trust that Nepali consumers have put in us,” the statement quoted General Manager Adhir Kumar Shrestha as saying. The head of Sales Network, Bipul Bhattarai reportedly said that the newly opened showroom will provide all necessary services to the customers outside the Kathmandu Valley.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Renault's most popular models Kwid, Triber, Kiger and Duster are available in the new showroom. Customers can also get spare parts, accessories and other services at the showroom.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-12-15', 'modified' => '2021-12-15', 'keywords' => '', 'description' => '', 'sortorder' => '14227', 'image' => 'Renault.jfif', 'article_date' => '2021-12-15 16:39:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ) $width = null $height = null $ratio = (float) 1.505016722408 $img_width = (int) 280 $img_height = (float) 186.04 $date = '2022-02-22 21:13:57' $dateFromDatabase = (int) 1645543737 $dateTwentyforHoursAgo = (int) 1741399230 $today = '2025-03-09 07:45:30am' $today2 = (int) 1741485630 $newDate = 'Feb 22, 2022' $commentCount = (int) 0 $word_count = (int) 426 $time_to_read = (float) 2.13 $time_to_read_min = (float) 2 $time_to_read_second = (float) 8include - APP/View/Articles/index.ctp, line 36 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
December 15: A new showroom of Renault has come into operation in Lahan from Monday.…
December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new…
August 13: Chinese automobile brand Cherry has officially entered the Nepali…
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The company added that both the models produced in Nepal are now available for sale.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company has also announced a financing scheme at 6.99 percent interest and 10 years of free servicing as well as three years of warranty for purchasing a Hyundai Venue under this plan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Laxmi Motor Corporation was established in Nepal with the investment of Laxmi Group and technical support from Hyundai Motor Company. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This is the first time that a vehicle assembling plant has produced a vehicle in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claims that the structure, quality, performance and other properties of Venue produced in Nepal are the same as vehicles of the same model manufactured by Hyundai Motor Company in South Korea or India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The aim of the company is to produce vehicles in the domestic market and help industrialize the country. It also aims for import substitution, create jobs, increase domestic revenue, develop skill and technology, consume domestic resources and electricity, contribute to the gross domestic product, and provide vehicles at an affordable price to the consumers, added the statement.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-27', 'modified' => '2024-06-27', 'keywords' => '', 'description' => '', 'sortorder' => '21100', 'image' => '20240627114907_20190823021811_Clipboard01.jpg', 'article_date' => '2024-06-27 11:48:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21322', 'article_category_id' => '236', 'title' => 'Hansraj Hulaschand and Co Launches Pulsar N150 in Nepal', 'sub_title' => '', 'summary' => 'KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Issuing a recent statement, the company said that the Pulsar N150 is designed for riders who seek a bike with a balanced character, ideal for both everyday commuting and enjoyable rides.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Abhimanyu Golchha, director of Golchha Group, stated that Pulsar bikes have set new benchmarks in Nepal since the day of its launch, and also globally, making Pulsar one of the most loved motorcycling brands across 70 countries. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The company further said that the Pulsar N150 has been introduced under the theme ‘Balanced Power’ which captures the essence of a bike that offers both performance and practicality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the major highlight of this motorbike is the digital console with bluetooth connectivity for call and SMS alerts, enhancing the overall riding experience. Moreover, it also comes with practical amenities such as a USB charging port. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Similarly, its fuel injection system and BS6 make this bike more efficient, added the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“The Pulsar N150 boasts a sleek design with an aerodynamic 3D front embodying sculptural purity, finished in a dynamic interplay of metalized dual colors. Equipped with a powerful yet smooth 149.68 cc engine, the Pulsar N150 generates 14.5 PS of power and 13.5 Nm of torque, ensuring an exhilarating ride with an impressive mileage of 48 kmpl,” Reads the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The bike features an LED projector headlamp that offers unmatched illumination and precise beam for better safety, said the company adding, “The Pulsar N150 comes with single-channel ABS, enhancing its safety profile. The Pulsar N150 rides on 17-inch alloy wheels with tubeless tyres, providing good road grip and stability.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Pulsar N150 features several advanced components including a digital speedometer, tachometer, trip meter, and odometer. It supports USB charging and offers a clock and a distance-to-empty indicator for added convenience, said the company. Additionally, the vehicle integrates with the "cat" notification system and the Hide Connect app, enhancing connectivity. The bike has a single-seat type, a single tubular handle type, and comes equipped with a passenger footrest.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">With a kerb weight of 145 kg, the Pulsar N150 offers a stable and comfortable ride, the company further stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“It has a fuel capacity of 14 liters, making it suitable for long rides without frequent refueling. The bike’s braking system includes a 260 mm front disc brake and a 130 mm rear drum brake, ensuring effective stopping power.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the Pulsar N150 is available in the Nepali market at a price of Rs 359,900.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-20', 'modified' => '2024-06-20', 'keywords' => '', 'description' => '', 'sortorder' => '21047', 'image' => '20240620010020_IMG I.jpeg', 'article_date' => '2024-06-20 12:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18043', 'article_category_id' => '236', 'title' => 'Unstable Policies Hampering Electric Vehicle Promotion in Nepal: NADA', 'sub_title' => '', 'summary' => 'The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 1: The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In a press release issued on Wednesday, NADA Nepal Automobiles Association of Nepal has criticized the government for making changes on tax and excise duty on electric vehicles through the budget speech in the parliament by Finance Minister Dr Prakash Sharan Mahat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">“The decision to hike tax and excise duty on the electric vehicles contradicts government’s policy of encouraging electric vehicles,” the statement reads. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"The association has been calling the government for a long time to establish a stable and long-term policy with various incentives and provisions for electric vehicles," the press release states. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"However, the government’s frequent amendments to the tax policy in such vehicles without ground shows the inconsistency between the government's words and actions for the promotion of electric vehicles,” according to NADA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Furthermore, the Auto Association has mentioned that the fluctuating policies and uncertainties in granting discounts and facilities by the government on the manufacturing of the electric vehicles within the country severely affect the electric vehicle industry. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Unstable and inconsistent policies have deterred auto entrepreneurs willing to manufacture electric vehicles within Nepal, NADA says. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The government has also increased the customs tariff on public electric buses, thereby discouraging the use of electric buses in public transportation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Auto Association has expressed dissatisfaction with the government's new provision for battery-importing companies to self-manage batteries after sale and make public battery management plans on an annual basis. The Auto Association has demanded the removal of such provision, which is neither practical nor feasible. </span></span></p> ', 'published' => true, 'created' => '2023-06-01', 'modified' => '2023-06-01', 'keywords' => '', 'description' => '', 'sortorder' => '17774', 'image' => '20230601063352_collage (4).jpg', 'article_date' => '2023-06-01 06:31:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '16912', 'article_category_id' => '236', 'title' => 'Volkswagen Announces Exchange Offer', 'sub_title' => '', 'summary' => 'February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp. ', 'content' => '<p><span style="font-size:18px">February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp that allows customers to trade in their old cars of any brand and take home a brand-new Volkswagen. <br /> As per the company officials, the customers will get the guaranteed best valuation for their old vehicles than they can get in the market.<br /> According to the company, its customers will also benefit from excellent cash discounts, the best exchange value for their old cars, and spot exchange services. In addition, the offer includes a loyalty bonus and an exchange bonus as well as a 2-year unlimited km warranty, reads a statement issued by the company. <br /> The camp which started on February 1 will run up to March 30. Customers who are interested in trading in their old four-wheelers can visit any Volkswagen showroom and dealers all over Nepal, added the statement.<br /> Volkswagen Nepal currently offers the Polo, Taigun, Allspace, and Touareg models in the Nepalese market. The company said it is dedicated to providing customers with the highest quality products and the best customer service.<br />  </span><br /> </p> ', 'published' => true, 'created' => '2023-02-02', 'modified' => '2023-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '16651', 'image' => '20230202030317_vw.jpg', 'article_date' => '2023-02-02 15:02:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16792', 'article_category_id' => '236', 'title' => 'TVS bags Best Feature and Best Commuter Bike Awards', 'sub_title' => '', 'summary' => 'January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, TVS said that its Raider model also bagged several prestigious awards last year including IMOTY-2022 and Autocar. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, TVS Raider 125 has a stunning muscular look combined with several other amazing characteristics such as adjustable monoshock suspension, USB charging, under-seat storage, and wider tyres. Similarly, attractive all-new LED headlight, angular LED DRLs, and a fender up front enhance its appearance even more. Likewise, it comes with a 3-valve engine and has the quickest acceleration rate with 0-60 KM/H acceleration in only 5.9 seconds, added the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the statement issued by Techlekh, TVS Raider managed to conquer the tough competition due to its affordability, stylish look, and other updated features. “These features made the TVS Raider unbeatable.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors Pvt Ltd is the sole distributor of TVS two-wheelers in Nepal. The company claims to have a strong nationwide distribution network of more than 140 dealers across Nepal.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16533', 'image' => '20230119051508_TVS Bags Best Feature And Best Commuter Bike Awards.jpeg', 'article_date' => '2023-01-19 17:14:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16789', 'article_category_id' => '236', 'title' => 'Sipradi Trading Orgagnises Nexon EV Range Test 2023', 'sub_title' => '', 'summary' => 'January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles, which the company believes will help protect environment and also ensure sustainable economic development.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement, the company said that there was enthusiastic participation of Nexon EV customers during the programme. Subash Khadka scored 397 Wh/Km along the Butwal-Bhairahawa road section to top the list of participants. Likewise, Gopal Sharma finished second with 387 Wh/Km range and Subodh Bhattarai secured third position with 378 Wh/Km range. Only 22 participants were able to score more than 300 range during the programme, the company said in the statement.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The top drivers with maximum range for minimum consumption of energy were provided attractive gift hampers by Sipradi Trading. First-placed Khadka bagged an LED TV while second place finisher Sharma was awarded a Samsung oven. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16530', 'image' => '20230119044302_NexonEV Range Test 2023 Butwal.jpeg', 'article_date' => '2023-01-19 16:42:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16482', 'article_category_id' => '236', 'title' => 'Auto Entrepreneurs, Importers Stage Sit-In At Maitighar Mandala Kathmandu ', 'sub_title' => '', 'summary' => 'Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. ', 'content' => '<p><span style="font-size:14px">December 8: Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. </span></p> <p><span style="font-size:14px">Auto entrepreneurs led by the NADA Automobiles Association of Nepal staged a sit-in at Maitighar Mandala, Kathmandu today. Carrying placards against the government and Nepal Rastra Bank, protesting auto importers demanded with government for business-friendly policies. They warned of continuing with their agitation until their demands were addressed by the government and Nepal Rastra Bank. </span></p> <p><span style="font-size:14px">Speaking at the sit-in programme, NADA Automobile Associations of Nepal Chairman Dhruba Thapa said that though import of the vehicles was open provision of 50 per cent and 100 per cent cash margin while opening letter of credit (LC) for importing vehicles had made them hard to import vehicles. Thapa demanded that the government remove the cash margin provision. </span></p> <p><span style="font-size:14px">“The government has to remove cash margin provisions while opening (LC) and increase financing cap to 80 per cent from the current 50 per cent”, Thapa demanded. He argued that selling vehicles would be tough with 50 per cent financing cap and current increased interest rate. Thapa warned of waging stern protest if their demands are not addressed immediately. “Nepal Rastra Bank’s policies are against the auto industry. The central bank has aggravated the industry, which is already struggling due to liquidity crisis and soaring interest rate”, Thapa added. </span></p> <p><span style="font-size:14px">Auto entrepreneurs have put forward a host of demands. Their demands include removing working capital guidelines, scrapping 50 per cent and 100 per cent cash margin provision while opening letter of credit (LC), lowering auto loan risk weightage from current 150 per cent to 75 per cent, and review of Credit Deposit ratio, among others. </span></p> <p><span style="font-size:14px">The government had imposed the ban on the import of cars, jeeps, vans and motorbikes above the capacity of 150 CC along with other edible goods since April 26, 2022. Terming the vehicles as luxury goods, the government had banned the import of vehicles, citing depletion of foreign currency reserves. A Cabinet meeting held on Tuesday had decided to lift ban on the import of all kinds of goods and services including vehicles from December 16. </span></p> <p><span style="font-size:14px">Organizing a press meet on December 2, NADA Automobiles Association of Nepal had announced a series of agitations. As part of the protest programme, automobile entrepreneurs and importers had staged the sit-in today. </span></p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16221', 'image' => '20221208060243_aandolan.jpg', 'article_date' => '2022-12-08 17:19:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '16479', 'article_category_id' => '236', 'title' => 'Mirganj Bridge Reopens after 11 Months', 'sub_title' => '', 'summary' => 'December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The new motorable bridge, built after the collapse of the old bridge, has been opened for public use. The operation of this strategic bridge – from the point of view of trade – has shortened the distance for vehicles carrying materials and other goods to the Biratnagar customs by 116 kilometers. This is expected to save both the time and money of the traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Until the bridge was operational, the transport vehicles entering Nepal through Jogbani checkpoint had to take a detour through the Bhantabari checkpoint in Sunsari. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Before this bridge was opened, an average of 68 cargo vehicles had been entering Nepal on a daily basis. On Wednesday, a total of 168 vehicles entered Nepal through the Nepal-India Integrated Checkpoint (ICP) at Jogbani in India and Rani in Nepal. According to the traders, the transportation cost of one truck/container is Rs 16,000.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ramchandra Dhungana, information officer of Biratnagar Customs Office, confirmed that freight vehicles have started arriving from the integrated check post since Wednesday. Customs chief Tara Prasad Sapkota said that though the Mirganj Bridge is yet to be officially commissioned, freight vehicles are passing through the ICP, and their number has increased. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">When the Mirganj Bridge was flooded, the revenue collection of the Biratnagar customs decreased by Rs 18.7 billion in 10 months. During this period, the traders have had to pay an additional transportation fee of around Rs 96.6 million in order to bring the goods through Sunsari's Bhantabari checkpoint.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Regmi, an industrialist, said that the cost of industrial production will be reduced with the reduction in transport fares after the Mirganj Bridge came into operation. He said that the transportation time will also be shortened.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ratnakar Yadav, head of the Jogbani Office of Land Port Authority of India, said that since the Mirganj Bridge was ready and could be opened for cargo vehicles, traffic was allowed through the ICP from Tuesday night. He said that although there is still some work to be done on the bridge and flyovers, there will be no problem for the movement of cargo vehicles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He informed more than 160 freight vehicles entered Nepal on Tuesday night.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16219', 'image' => '20221208023904_1670451569.6.jpg', 'article_date' => '2022-12-08 14:38:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15148', 'article_category_id' => '236', 'title' => 'Nepal Starts Producing Electric Vehicles in the Country', 'sub_title' => '', 'summary' => 'April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal. The company informed that it started the production of electric vehicles with the objective of reducing consumption of petroleum products by increasing the use of environment-friendly vehicles in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Auto set up an assembly plant in Rupandehi district two years ago with an investment of around Rs 1 billion to produce electric vehicles in Nepal by importing spare parts from abroad. The company informed during a press conference organized in Kathmandu on Thursday that it succeeded in producing electric vehicles after a long period of tests. In the initial phase, the company will be producing all types of motorcycles, scooters and cars. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Bhesh Bahadur Thapa, operator of Sundar Yatayat Pvt Ltd, said that the company also installs electric engines on all kinds of vehicles powered by petrol and diesel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He informed that it costs around Rs 70,000 to Rs 80,000 to add a new engine run by electric energy on a scooter or a motorcycle powered by fuel. The new engine will allow the vehicles run for 100 km. After the charge finishes, the vehicle will switch back to run with fuel. He said that it would cost Rs 120,000 to Rs 140,000 to add electric engine on a four-wheeler powered by fossil fuel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Converting an old bike or scooter to electric vehicle is cost-effective in the long run.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pandav Poudel, an engineer at Sundar Auto Engineering Pvt. Ltd. said, “A scooter or bike that runs a hundred kilometers costs Rs 450 on fuel. Converting it to electric can cover the same distance at just Rs 31 and help people save more than Rs 400. He informed that it takes three days to convert a fuel powered vehicle to an electricity powered vehicle. So far, the company converts only scooters, bikes and cars into electrical vehicles. Engineer Poudel informed that test work is being done in case of Hiace and big buses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><strong>Electric vehicles outside the valley</strong></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Transport Pvt. Ltd. is going to operate electric vehicles outside the Kathmandu Valley as well. The company informed that it is preparing to run electric vehicles in major cities outside the Kathmandu Valley with the objective of providing transportation services at affordable prices in the face of increasing fuel prices.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the company said that they are preparing to run an electric bus from Kakadvitta of Jhapa to Biratnagar by April 28. Similarly, preparations are being made to run an electric bus from Bhandara of Chitwan to Nawalparasi by May 29. Sundar Transport is currently running electric bus in Kathmandu Valley.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-22', 'keywords' => '', 'description' => '', 'sortorder' => '14890', 'image' => '20220422030631_electric-bikes-in-nepal.jpg', 'article_date' => '2022-04-22 15:05:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15123', 'article_category_id' => '236', 'title' => 'Automobile Business in Crisis after Banks Stop Opening LCs for Importing Vehicles', 'sub_title' => '', 'summary' => 'April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. Automobile dealers are making efforts to reverse the decision stating that their entire business has been affected due to the decision. However, the central bank's unannounced ban on LCs is not expected to be lifted immediately.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the NADA Automobiles Association of Nepal, an umbrella body of automobile dealers, met with Prime Minister Sher Bahadur Deuba last week urging him to direct Nepal Rastra Bank to allow banks to open an LC for importing vehicles. On Sunday, the representatives of NADA also met Finance Minister Janardan Sharma. Despite meeting high-ranking government officials, the automobile dealers complained that they have not received anything but assurance so far.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the association, investors have poured more than Rs 350 billion in the automobile business. This sector contributes more than Rs 150 billion in revenue every year. Entrepreneurs have complained that the area which has provided direct employment to more than 98,000 people has become chaotic due to the suspension of LC.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President of the association Dhruba Thapa said it was not appropriate to restrict opening LCs on the grounds that foreign exchange reserves were low. "No other country does that, but it has been done in Nepal," he said.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Sharma made it clear to NADA officials that the government was not in favour of stopping imports.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NADA officials had requested the finance minister to lift the ban on LC for importing vehicles. NADA Vice President Rajan Babu Shrestha had briefed Finance Minister Sharma about the possible impacts of stopping the import of vehicles into the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that the automobile sector, which has invested heavily, is in crisis after commercial banks stopped opening LCs for importing automobiles that are listed as luxury items. The banks did so upon the verbal instructions of NRB. According to NADA Chairman Thapa, even the vehicles ordered earlier are stuck at this time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">When the association raised the issue on April 9, Prime Minister Sher Bahadur Deuba assured to take appropriate measures after looking into the matter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, entrepreneurs are disappointed that the LC has not been opened even a week after the Prime Minister's assurance. Entrepreneurs say that the auto business will collapse if the government does not eases import of vehicles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Prime Minister Deuba had also suggested the businessmen take up the issue with the finance minister. Accordingly, the businessmen met the finance minister. They said that they only got assurance from the finance minister during the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Finance Minister Sharma asked the traders to be patient. The association is also preparing to meet Officiating Governor of Nepal Rastra Bank Neelam Dhungana Timsina to raise the issue. Entrepreneurs argue that the recent policy of the NRB has put the business in crisis and have requested facilitation in opening LC.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '14865', 'image' => '20220418022912_nada.jpg', 'article_date' => '2022-04-18 14:28:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '14892', 'article_category_id' => '236', 'title' => 'PROTON X50 Spotted in Nepal', 'sub_title' => '', 'summary' => 'March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claimed that Proton X50 is the newest addition from the Malaysian carmakers in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, the Proton X50 comes in four variants. The SUV is be powered by a 1.5-litre turbocharged three-cylinder, and a TGDi (Direct Injection) turbocharged three-cylinder petrol in the top flagship variant. The engines produce 150 PS of Maximum Power and 226 NM of torque with the TGDi engine upping the numbers to 130PS of power and 255 Nm of torque, the company said in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 has a long list of features, including an Advanced Driver Assistance System (ADAS), which is only seen in a few premium manufacturers, the company claimed. The Proton X50 SUV, according to the manufacturer's website, includes best-in-class features such as 6 airbags, ABS with EBS and BA, Auto Headlights and Wipers, Keyless Entry (with active touch sensors on the front door handles), Push-Start, 360-Degree Camera, 8 Speakers, 8-inch Infotainment Screen, Autonomous Emergency Braking, Adaptive Cruise Control, Climate Control with Smart Air Purifier System, and Electrically Foldable seats. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 also comes with a useful Auto Park feature, a self-parking system. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The X50 also holds a full 5-star crash test rating from ASEAN-NCAP,” the statement said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors has been selling PROTON since 2020 with variants such PROTON Saga in the entry level sedan segment and the luxurious PROTON X70 in the premium SUV segment. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“PROTON has been able to create a huge impression in the market with their product as well as after sales services and the upcoming X50 will surely boost their presence in the Nepali market while other brands are struggling with stock and inventory in the present scenario,” added the statement. </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-03-08', 'modified' => '2022-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '14635', 'image' => '20220308120618_X50 2.jpeg', 'article_date' => '2022-03-08 12:05:36', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '14813', 'article_category_id' => '236', 'title' => 'CG Motocrop Rolls out Fuel-Efficient Suzuki Celerio', 'sub_title' => '', 'summary' => 'February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">With the growing fuel price in the country, Celerio can be a perfect car for Nepalese customers as it promises to be low on running cost, the company said in a statement. According to the company, the new Celerio comes with an unparalleled driving experience, new 3D organic sculpted design, first-in-segment safety, and convenience features. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to Siraj Pant, general manager for sales and marketing of CG Motocrop, Celerio has been a much-loved family car in the Nepalese market. This next-generation Celerio, offers even more to the Nepalese customers with its highest mileage and unmatched safety and convenient features, while offering a fresh new design in this segment, added Pant.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The statement added that the all-new Celerio offers a spacious cabin for increased comfort. Equipped with the next generation K-series engine with Dual Jet, Dual VVT, the all-new Celerio is the most fuel-efficient petrol car offering a mileage of 26.68 km per litre, the company claimed.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">“With segment-first features like Idle Start-Stop, the all-new Celerio makes a step forward towards sustainability by reducing CO2 emissions by up to 19 percent across variants. Powered by cutting-edge technology, it offers a torque of 89Nm@3500rpm and power of 67ps@5500RPM. Development of Next-gen K-series engine is done with the use of state-of-art technology like cooled EGR, auto tensioner, and integrated exhaust manifold,” the statement said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Built on Suzuki’s signature HEARTECT platform, the all-new Celerio comes with a smooth structure for effective absorption and dispersion of impact force, the company further said. According to the statement, the HEARTECT platform improves rigidity and overall strength of the car. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-02-22', 'modified' => '2022-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '14555', 'image' => '20220222091443_Untitled.jpg', 'article_date' => '2022-02-22 21:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '14482', 'article_category_id' => '236', 'title' => 'New Showroom of Renault in Lahan', 'sub_title' => '', 'summary' => 'December 15: A new showroom of Renault has come into operation in Lahan from Monday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 15: A new showroom of Renault has come into operation in Lahan from Monday. Renault opened the new showroom with the aim of expanding its branches all over Nepal. Renault collaborated with Bhagya Mahalaxmi Automobiles to open the new showroom. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Adhir Kumar Shrestha, the General Manager of the company and Bipul Bhattarai, the Head of Sales Network, inaugurated the new showroom amid a function. According to a statement issued by the company, the inauguration ceremony was attended chief guest Ashok Lal Amatya from District Chamber of Commerce and Industry, and Ram Shah<strong>, </strong>the director of the Bhagya Laxmi Automobiles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We are committed to provide high quality services to our customers. In addition, we are grateful for the trust that Nepali consumers have put in us,” the statement quoted General Manager Adhir Kumar Shrestha as saying. The head of Sales Network, Bipul Bhattarai reportedly said that the newly opened showroom will provide all necessary services to the customers outside the Kathmandu Valley.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Renault's most popular models Kwid, Triber, Kiger and Duster are available in the new showroom. Customers can also get spare parts, accessories and other services at the showroom.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-12-15', 'modified' => '2021-12-15', 'keywords' => '', 'description' => '', 'sortorder' => '14227', 'image' => 'Renault.jfif', 'article_date' => '2021-12-15 16:39:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '14476', 'article_category_id' => '236', 'title' => 'Paramount Motors Launch MG Hector in Nepal', 'sub_title' => 'Pricing Starts at Rs 5.99 Million', 'summary' => 'December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector. The new model of MG Motors was launched recently at the company’s showroom in Naxal showroom amid a press conference. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Following the launch, Paramount Motors unveiled the price of the new model and announced the commencement of vehicle delivery to the customers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, Hector MT and CVT have been competitively priced at Rs 5.99 million and Rs 6.49 million respectively. The company claimed that the two variants are in high demand in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Issuing a statement on December 9, Paramount Motors said that the new Hector has been designed by taking into consideration the safety and functionality. The new Hector, made in India variant is said to suit the roads and traffic of Nepal and will be available for purchase through the company’s dealerships across the nation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under its corporate social responsibility, Paramount Motors handed over Rs 1 million to help Zonta Club of Kathmandu organize awareness campaign on issues related to domestic violence, work/public harassment and child marriage. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><img alt="" src="/app/webroot/userfiles/images/Hectorr.jpg" style="height:214px; width:800px" /></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-12-14', 'modified' => '2021-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '14221', 'image' => '20211214070043_Hector.jpg', 'article_date' => '2021-12-14 18:58:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '13814', 'article_category_id' => '236', 'title' => 'Chinese Automobile Brand Cherry Enters Nepali Market Officially', 'sub_title' => '', 'summary' => 'August 13: Chinese automobile brand Cherry has officially entered the Nepali market.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">August 13: Chinese automobile brand Cherry has officially entered the Nepali market.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The company signed an agreement with SPG Automobiles as its official distributor at a virtual signing event held on August 12.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Cherry has been China's largest passenger vehicle exporter since 2003. The company believes that the entry of this brand in Nepal will have a positive impact on the Nepal’s automobile industry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Chairman of Cherry International, HE Xiaoqing, said that the cooperation between the two sides would help in the development of the Nepali automobile sector. Following Nepal's long-term trade strategy, Cherry plans to create a competitive environment through new products and address market demand, as per the chairman.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-08-13', 'modified' => '2021-08-13', 'keywords' => '', 'description' => '', 'sortorder' => '13559', 'image' => '20210813023150_chery.jpg', 'article_date' => '2021-08-13 14:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '21374', 'article_category_id' => '236', 'title' => 'Laxmi Intercontinental Offers Made in Nepal Hyundai Venue at 6.99 Percent Interest', 'sub_title' => '', 'summary' => 'KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor Corporation.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor Corporation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a recent statement, the company said that the price of Hyundai Venue 1.2 (S) has been fixed at Rs 44,96,000 and the price of Hyundai Venue 1.2 (SX) has been fixed at Rs 53,56,000. The company added that both the models produced in Nepal are now available for sale.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company has also announced a financing scheme at 6.99 percent interest and 10 years of free servicing as well as three years of warranty for purchasing a Hyundai Venue under this plan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Laxmi Motor Corporation was established in Nepal with the investment of Laxmi Group and technical support from Hyundai Motor Company. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This is the first time that a vehicle assembling plant has produced a vehicle in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claims that the structure, quality, performance and other properties of Venue produced in Nepal are the same as vehicles of the same model manufactured by Hyundai Motor Company in South Korea or India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The aim of the company is to produce vehicles in the domestic market and help industrialize the country. It also aims for import substitution, create jobs, increase domestic revenue, develop skill and technology, consume domestic resources and electricity, contribute to the gross domestic product, and provide vehicles at an affordable price to the consumers, added the statement.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-27', 'modified' => '2024-06-27', 'keywords' => '', 'description' => '', 'sortorder' => '21100', 'image' => '20240627114907_20190823021811_Clipboard01.jpg', 'article_date' => '2024-06-27 11:48:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21322', 'article_category_id' => '236', 'title' => 'Hansraj Hulaschand and Co Launches Pulsar N150 in Nepal', 'sub_title' => '', 'summary' => 'KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Issuing a recent statement, the company said that the Pulsar N150 is designed for riders who seek a bike with a balanced character, ideal for both everyday commuting and enjoyable rides.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Abhimanyu Golchha, director of Golchha Group, stated that Pulsar bikes have set new benchmarks in Nepal since the day of its launch, and also globally, making Pulsar one of the most loved motorcycling brands across 70 countries. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The company further said that the Pulsar N150 has been introduced under the theme ‘Balanced Power’ which captures the essence of a bike that offers both performance and practicality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the major highlight of this motorbike is the digital console with bluetooth connectivity for call and SMS alerts, enhancing the overall riding experience. Moreover, it also comes with practical amenities such as a USB charging port. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Similarly, its fuel injection system and BS6 make this bike more efficient, added the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“The Pulsar N150 boasts a sleek design with an aerodynamic 3D front embodying sculptural purity, finished in a dynamic interplay of metalized dual colors. Equipped with a powerful yet smooth 149.68 cc engine, the Pulsar N150 generates 14.5 PS of power and 13.5 Nm of torque, ensuring an exhilarating ride with an impressive mileage of 48 kmpl,” Reads the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The bike features an LED projector headlamp that offers unmatched illumination and precise beam for better safety, said the company adding, “The Pulsar N150 comes with single-channel ABS, enhancing its safety profile. The Pulsar N150 rides on 17-inch alloy wheels with tubeless tyres, providing good road grip and stability.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Pulsar N150 features several advanced components including a digital speedometer, tachometer, trip meter, and odometer. It supports USB charging and offers a clock and a distance-to-empty indicator for added convenience, said the company. Additionally, the vehicle integrates with the "cat" notification system and the Hide Connect app, enhancing connectivity. The bike has a single-seat type, a single tubular handle type, and comes equipped with a passenger footrest.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">With a kerb weight of 145 kg, the Pulsar N150 offers a stable and comfortable ride, the company further stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“It has a fuel capacity of 14 liters, making it suitable for long rides without frequent refueling. The bike’s braking system includes a 260 mm front disc brake and a 130 mm rear drum brake, ensuring effective stopping power.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the Pulsar N150 is available in the Nepali market at a price of Rs 359,900.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-20', 'modified' => '2024-06-20', 'keywords' => '', 'description' => '', 'sortorder' => '21047', 'image' => '20240620010020_IMG I.jpeg', 'article_date' => '2024-06-20 12:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18043', 'article_category_id' => '236', 'title' => 'Unstable Policies Hampering Electric Vehicle Promotion in Nepal: NADA', 'sub_title' => '', 'summary' => 'The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 1: The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In a press release issued on Wednesday, NADA Nepal Automobiles Association of Nepal has criticized the government for making changes on tax and excise duty on electric vehicles through the budget speech in the parliament by Finance Minister Dr Prakash Sharan Mahat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">“The decision to hike tax and excise duty on the electric vehicles contradicts government’s policy of encouraging electric vehicles,” the statement reads. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"The association has been calling the government for a long time to establish a stable and long-term policy with various incentives and provisions for electric vehicles," the press release states. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"However, the government’s frequent amendments to the tax policy in such vehicles without ground shows the inconsistency between the government's words and actions for the promotion of electric vehicles,” according to NADA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Furthermore, the Auto Association has mentioned that the fluctuating policies and uncertainties in granting discounts and facilities by the government on the manufacturing of the electric vehicles within the country severely affect the electric vehicle industry. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Unstable and inconsistent policies have deterred auto entrepreneurs willing to manufacture electric vehicles within Nepal, NADA says. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The government has also increased the customs tariff on public electric buses, thereby discouraging the use of electric buses in public transportation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Auto Association has expressed dissatisfaction with the government's new provision for battery-importing companies to self-manage batteries after sale and make public battery management plans on an annual basis. The Auto Association has demanded the removal of such provision, which is neither practical nor feasible. </span></span></p> ', 'published' => true, 'created' => '2023-06-01', 'modified' => '2023-06-01', 'keywords' => '', 'description' => '', 'sortorder' => '17774', 'image' => '20230601063352_collage (4).jpg', 'article_date' => '2023-06-01 06:31:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '16912', 'article_category_id' => '236', 'title' => 'Volkswagen Announces Exchange Offer', 'sub_title' => '', 'summary' => 'February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp. ', 'content' => '<p><span style="font-size:18px">February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp that allows customers to trade in their old cars of any brand and take home a brand-new Volkswagen. <br /> As per the company officials, the customers will get the guaranteed best valuation for their old vehicles than they can get in the market.<br /> According to the company, its customers will also benefit from excellent cash discounts, the best exchange value for their old cars, and spot exchange services. In addition, the offer includes a loyalty bonus and an exchange bonus as well as a 2-year unlimited km warranty, reads a statement issued by the company. <br /> The camp which started on February 1 will run up to March 30. Customers who are interested in trading in their old four-wheelers can visit any Volkswagen showroom and dealers all over Nepal, added the statement.<br /> Volkswagen Nepal currently offers the Polo, Taigun, Allspace, and Touareg models in the Nepalese market. The company said it is dedicated to providing customers with the highest quality products and the best customer service.<br />  </span><br /> </p> ', 'published' => true, 'created' => '2023-02-02', 'modified' => '2023-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '16651', 'image' => '20230202030317_vw.jpg', 'article_date' => '2023-02-02 15:02:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16792', 'article_category_id' => '236', 'title' => 'TVS bags Best Feature and Best Commuter Bike Awards', 'sub_title' => '', 'summary' => 'January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, TVS said that its Raider model also bagged several prestigious awards last year including IMOTY-2022 and Autocar. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, TVS Raider 125 has a stunning muscular look combined with several other amazing characteristics such as adjustable monoshock suspension, USB charging, under-seat storage, and wider tyres. Similarly, attractive all-new LED headlight, angular LED DRLs, and a fender up front enhance its appearance even more. Likewise, it comes with a 3-valve engine and has the quickest acceleration rate with 0-60 KM/H acceleration in only 5.9 seconds, added the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the statement issued by Techlekh, TVS Raider managed to conquer the tough competition due to its affordability, stylish look, and other updated features. “These features made the TVS Raider unbeatable.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors Pvt Ltd is the sole distributor of TVS two-wheelers in Nepal. The company claims to have a strong nationwide distribution network of more than 140 dealers across Nepal.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16533', 'image' => '20230119051508_TVS Bags Best Feature And Best Commuter Bike Awards.jpeg', 'article_date' => '2023-01-19 17:14:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16789', 'article_category_id' => '236', 'title' => 'Sipradi Trading Orgagnises Nexon EV Range Test 2023', 'sub_title' => '', 'summary' => 'January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles, which the company believes will help protect environment and also ensure sustainable economic development.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement, the company said that there was enthusiastic participation of Nexon EV customers during the programme. Subash Khadka scored 397 Wh/Km along the Butwal-Bhairahawa road section to top the list of participants. Likewise, Gopal Sharma finished second with 387 Wh/Km range and Subodh Bhattarai secured third position with 378 Wh/Km range. Only 22 participants were able to score more than 300 range during the programme, the company said in the statement.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The top drivers with maximum range for minimum consumption of energy were provided attractive gift hampers by Sipradi Trading. First-placed Khadka bagged an LED TV while second place finisher Sharma was awarded a Samsung oven. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16530', 'image' => '20230119044302_NexonEV Range Test 2023 Butwal.jpeg', 'article_date' => '2023-01-19 16:42:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16482', 'article_category_id' => '236', 'title' => 'Auto Entrepreneurs, Importers Stage Sit-In At Maitighar Mandala Kathmandu ', 'sub_title' => '', 'summary' => 'Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. ', 'content' => '<p><span style="font-size:14px">December 8: Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. </span></p> <p><span style="font-size:14px">Auto entrepreneurs led by the NADA Automobiles Association of Nepal staged a sit-in at Maitighar Mandala, Kathmandu today. Carrying placards against the government and Nepal Rastra Bank, protesting auto importers demanded with government for business-friendly policies. They warned of continuing with their agitation until their demands were addressed by the government and Nepal Rastra Bank. </span></p> <p><span style="font-size:14px">Speaking at the sit-in programme, NADA Automobile Associations of Nepal Chairman Dhruba Thapa said that though import of the vehicles was open provision of 50 per cent and 100 per cent cash margin while opening letter of credit (LC) for importing vehicles had made them hard to import vehicles. Thapa demanded that the government remove the cash margin provision. </span></p> <p><span style="font-size:14px">“The government has to remove cash margin provisions while opening (LC) and increase financing cap to 80 per cent from the current 50 per cent”, Thapa demanded. He argued that selling vehicles would be tough with 50 per cent financing cap and current increased interest rate. Thapa warned of waging stern protest if their demands are not addressed immediately. “Nepal Rastra Bank’s policies are against the auto industry. The central bank has aggravated the industry, which is already struggling due to liquidity crisis and soaring interest rate”, Thapa added. </span></p> <p><span style="font-size:14px">Auto entrepreneurs have put forward a host of demands. Their demands include removing working capital guidelines, scrapping 50 per cent and 100 per cent cash margin provision while opening letter of credit (LC), lowering auto loan risk weightage from current 150 per cent to 75 per cent, and review of Credit Deposit ratio, among others. </span></p> <p><span style="font-size:14px">The government had imposed the ban on the import of cars, jeeps, vans and motorbikes above the capacity of 150 CC along with other edible goods since April 26, 2022. Terming the vehicles as luxury goods, the government had banned the import of vehicles, citing depletion of foreign currency reserves. A Cabinet meeting held on Tuesday had decided to lift ban on the import of all kinds of goods and services including vehicles from December 16. </span></p> <p><span style="font-size:14px">Organizing a press meet on December 2, NADA Automobiles Association of Nepal had announced a series of agitations. As part of the protest programme, automobile entrepreneurs and importers had staged the sit-in today. </span></p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16221', 'image' => '20221208060243_aandolan.jpg', 'article_date' => '2022-12-08 17:19:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '16479', 'article_category_id' => '236', 'title' => 'Mirganj Bridge Reopens after 11 Months', 'sub_title' => '', 'summary' => 'December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The new motorable bridge, built after the collapse of the old bridge, has been opened for public use. The operation of this strategic bridge – from the point of view of trade – has shortened the distance for vehicles carrying materials and other goods to the Biratnagar customs by 116 kilometers. This is expected to save both the time and money of the traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Until the bridge was operational, the transport vehicles entering Nepal through Jogbani checkpoint had to take a detour through the Bhantabari checkpoint in Sunsari. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Before this bridge was opened, an average of 68 cargo vehicles had been entering Nepal on a daily basis. On Wednesday, a total of 168 vehicles entered Nepal through the Nepal-India Integrated Checkpoint (ICP) at Jogbani in India and Rani in Nepal. According to the traders, the transportation cost of one truck/container is Rs 16,000.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ramchandra Dhungana, information officer of Biratnagar Customs Office, confirmed that freight vehicles have started arriving from the integrated check post since Wednesday. Customs chief Tara Prasad Sapkota said that though the Mirganj Bridge is yet to be officially commissioned, freight vehicles are passing through the ICP, and their number has increased. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">When the Mirganj Bridge was flooded, the revenue collection of the Biratnagar customs decreased by Rs 18.7 billion in 10 months. During this period, the traders have had to pay an additional transportation fee of around Rs 96.6 million in order to bring the goods through Sunsari's Bhantabari checkpoint.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Regmi, an industrialist, said that the cost of industrial production will be reduced with the reduction in transport fares after the Mirganj Bridge came into operation. He said that the transportation time will also be shortened.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ratnakar Yadav, head of the Jogbani Office of Land Port Authority of India, said that since the Mirganj Bridge was ready and could be opened for cargo vehicles, traffic was allowed through the ICP from Tuesday night. He said that although there is still some work to be done on the bridge and flyovers, there will be no problem for the movement of cargo vehicles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He informed more than 160 freight vehicles entered Nepal on Tuesday night.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16219', 'image' => '20221208023904_1670451569.6.jpg', 'article_date' => '2022-12-08 14:38:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15148', 'article_category_id' => '236', 'title' => 'Nepal Starts Producing Electric Vehicles in the Country', 'sub_title' => '', 'summary' => 'April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal. The company informed that it started the production of electric vehicles with the objective of reducing consumption of petroleum products by increasing the use of environment-friendly vehicles in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Auto set up an assembly plant in Rupandehi district two years ago with an investment of around Rs 1 billion to produce electric vehicles in Nepal by importing spare parts from abroad. The company informed during a press conference organized in Kathmandu on Thursday that it succeeded in producing electric vehicles after a long period of tests. In the initial phase, the company will be producing all types of motorcycles, scooters and cars. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Bhesh Bahadur Thapa, operator of Sundar Yatayat Pvt Ltd, said that the company also installs electric engines on all kinds of vehicles powered by petrol and diesel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He informed that it costs around Rs 70,000 to Rs 80,000 to add a new engine run by electric energy on a scooter or a motorcycle powered by fuel. The new engine will allow the vehicles run for 100 km. After the charge finishes, the vehicle will switch back to run with fuel. He said that it would cost Rs 120,000 to Rs 140,000 to add electric engine on a four-wheeler powered by fossil fuel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Converting an old bike or scooter to electric vehicle is cost-effective in the long run.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pandav Poudel, an engineer at Sundar Auto Engineering Pvt. Ltd. said, “A scooter or bike that runs a hundred kilometers costs Rs 450 on fuel. Converting it to electric can cover the same distance at just Rs 31 and help people save more than Rs 400. He informed that it takes three days to convert a fuel powered vehicle to an electricity powered vehicle. So far, the company converts only scooters, bikes and cars into electrical vehicles. Engineer Poudel informed that test work is being done in case of Hiace and big buses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><strong>Electric vehicles outside the valley</strong></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Transport Pvt. Ltd. is going to operate electric vehicles outside the Kathmandu Valley as well. The company informed that it is preparing to run electric vehicles in major cities outside the Kathmandu Valley with the objective of providing transportation services at affordable prices in the face of increasing fuel prices.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the company said that they are preparing to run an electric bus from Kakadvitta of Jhapa to Biratnagar by April 28. Similarly, preparations are being made to run an electric bus from Bhandara of Chitwan to Nawalparasi by May 29. Sundar Transport is currently running electric bus in Kathmandu Valley.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-22', 'keywords' => '', 'description' => '', 'sortorder' => '14890', 'image' => '20220422030631_electric-bikes-in-nepal.jpg', 'article_date' => '2022-04-22 15:05:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15123', 'article_category_id' => '236', 'title' => 'Automobile Business in Crisis after Banks Stop Opening LCs for Importing Vehicles', 'sub_title' => '', 'summary' => 'April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. Automobile dealers are making efforts to reverse the decision stating that their entire business has been affected due to the decision. However, the central bank's unannounced ban on LCs is not expected to be lifted immediately.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the NADA Automobiles Association of Nepal, an umbrella body of automobile dealers, met with Prime Minister Sher Bahadur Deuba last week urging him to direct Nepal Rastra Bank to allow banks to open an LC for importing vehicles. On Sunday, the representatives of NADA also met Finance Minister Janardan Sharma. Despite meeting high-ranking government officials, the automobile dealers complained that they have not received anything but assurance so far.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the association, investors have poured more than Rs 350 billion in the automobile business. This sector contributes more than Rs 150 billion in revenue every year. Entrepreneurs have complained that the area which has provided direct employment to more than 98,000 people has become chaotic due to the suspension of LC.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President of the association Dhruba Thapa said it was not appropriate to restrict opening LCs on the grounds that foreign exchange reserves were low. "No other country does that, but it has been done in Nepal," he said.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Sharma made it clear to NADA officials that the government was not in favour of stopping imports.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NADA officials had requested the finance minister to lift the ban on LC for importing vehicles. NADA Vice President Rajan Babu Shrestha had briefed Finance Minister Sharma about the possible impacts of stopping the import of vehicles into the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that the automobile sector, which has invested heavily, is in crisis after commercial banks stopped opening LCs for importing automobiles that are listed as luxury items. The banks did so upon the verbal instructions of NRB. According to NADA Chairman Thapa, even the vehicles ordered earlier are stuck at this time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">When the association raised the issue on April 9, Prime Minister Sher Bahadur Deuba assured to take appropriate measures after looking into the matter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, entrepreneurs are disappointed that the LC has not been opened even a week after the Prime Minister's assurance. Entrepreneurs say that the auto business will collapse if the government does not eases import of vehicles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Prime Minister Deuba had also suggested the businessmen take up the issue with the finance minister. Accordingly, the businessmen met the finance minister. They said that they only got assurance from the finance minister during the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Finance Minister Sharma asked the traders to be patient. The association is also preparing to meet Officiating Governor of Nepal Rastra Bank Neelam Dhungana Timsina to raise the issue. Entrepreneurs argue that the recent policy of the NRB has put the business in crisis and have requested facilitation in opening LC.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '14865', 'image' => '20220418022912_nada.jpg', 'article_date' => '2022-04-18 14:28:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '14892', 'article_category_id' => '236', 'title' => 'PROTON X50 Spotted in Nepal', 'sub_title' => '', 'summary' => 'March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claimed that Proton X50 is the newest addition from the Malaysian carmakers in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, the Proton X50 comes in four variants. The SUV is be powered by a 1.5-litre turbocharged three-cylinder, and a TGDi (Direct Injection) turbocharged three-cylinder petrol in the top flagship variant. The engines produce 150 PS of Maximum Power and 226 NM of torque with the TGDi engine upping the numbers to 130PS of power and 255 Nm of torque, the company said in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 has a long list of features, including an Advanced Driver Assistance System (ADAS), which is only seen in a few premium manufacturers, the company claimed. The Proton X50 SUV, according to the manufacturer's website, includes best-in-class features such as 6 airbags, ABS with EBS and BA, Auto Headlights and Wipers, Keyless Entry (with active touch sensors on the front door handles), Push-Start, 360-Degree Camera, 8 Speakers, 8-inch Infotainment Screen, Autonomous Emergency Braking, Adaptive Cruise Control, Climate Control with Smart Air Purifier System, and Electrically Foldable seats. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 also comes with a useful Auto Park feature, a self-parking system. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The X50 also holds a full 5-star crash test rating from ASEAN-NCAP,” the statement said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors has been selling PROTON since 2020 with variants such PROTON Saga in the entry level sedan segment and the luxurious PROTON X70 in the premium SUV segment. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“PROTON has been able to create a huge impression in the market with their product as well as after sales services and the upcoming X50 will surely boost their presence in the Nepali market while other brands are struggling with stock and inventory in the present scenario,” added the statement. </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-03-08', 'modified' => '2022-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '14635', 'image' => '20220308120618_X50 2.jpeg', 'article_date' => '2022-03-08 12:05:36', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '14813', 'article_category_id' => '236', 'title' => 'CG Motocrop Rolls out Fuel-Efficient Suzuki Celerio', 'sub_title' => '', 'summary' => 'February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">With the growing fuel price in the country, Celerio can be a perfect car for Nepalese customers as it promises to be low on running cost, the company said in a statement. According to the company, the new Celerio comes with an unparalleled driving experience, new 3D organic sculpted design, first-in-segment safety, and convenience features. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to Siraj Pant, general manager for sales and marketing of CG Motocrop, Celerio has been a much-loved family car in the Nepalese market. This next-generation Celerio, offers even more to the Nepalese customers with its highest mileage and unmatched safety and convenient features, while offering a fresh new design in this segment, added Pant.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The statement added that the all-new Celerio offers a spacious cabin for increased comfort. Equipped with the next generation K-series engine with Dual Jet, Dual VVT, the all-new Celerio is the most fuel-efficient petrol car offering a mileage of 26.68 km per litre, the company claimed.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">“With segment-first features like Idle Start-Stop, the all-new Celerio makes a step forward towards sustainability by reducing CO2 emissions by up to 19 percent across variants. Powered by cutting-edge technology, it offers a torque of 89Nm@3500rpm and power of 67ps@5500RPM. Development of Next-gen K-series engine is done with the use of state-of-art technology like cooled EGR, auto tensioner, and integrated exhaust manifold,” the statement said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Built on Suzuki’s signature HEARTECT platform, the all-new Celerio comes with a smooth structure for effective absorption and dispersion of impact force, the company further said. According to the statement, the HEARTECT platform improves rigidity and overall strength of the car. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-02-22', 'modified' => '2022-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '14555', 'image' => '20220222091443_Untitled.jpg', 'article_date' => '2022-02-22 21:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '14482', 'article_category_id' => '236', 'title' => 'New Showroom of Renault in Lahan', 'sub_title' => '', 'summary' => 'December 15: A new showroom of Renault has come into operation in Lahan from Monday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 15: A new showroom of Renault has come into operation in Lahan from Monday. Renault opened the new showroom with the aim of expanding its branches all over Nepal. Renault collaborated with Bhagya Mahalaxmi Automobiles to open the new showroom. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Adhir Kumar Shrestha, the General Manager of the company and Bipul Bhattarai, the Head of Sales Network, inaugurated the new showroom amid a function. According to a statement issued by the company, the inauguration ceremony was attended chief guest Ashok Lal Amatya from District Chamber of Commerce and Industry, and Ram Shah<strong>, </strong>the director of the Bhagya Laxmi Automobiles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We are committed to provide high quality services to our customers. In addition, we are grateful for the trust that Nepali consumers have put in us,” the statement quoted General Manager Adhir Kumar Shrestha as saying. The head of Sales Network, Bipul Bhattarai reportedly said that the newly opened showroom will provide all necessary services to the customers outside the Kathmandu Valley.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Renault's most popular models Kwid, Triber, Kiger and Duster are available in the new showroom. Customers can also get spare parts, accessories and other services at the showroom.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-12-15', 'modified' => '2021-12-15', 'keywords' => '', 'description' => '', 'sortorder' => '14227', 'image' => 'Renault.jfif', 'article_date' => '2021-12-15 16:39:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '14476', 'article_category_id' => '236', 'title' => 'Paramount Motors Launch MG Hector in Nepal', 'sub_title' => 'Pricing Starts at Rs 5.99 Million', 'summary' => 'December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector. The new model of MG Motors was launched recently at the company’s showroom in Naxal showroom amid a press conference. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Following the launch, Paramount Motors unveiled the price of the new model and announced the commencement of vehicle delivery to the customers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, Hector MT and CVT have been competitively priced at Rs 5.99 million and Rs 6.49 million respectively. The company claimed that the two variants are in high demand in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Issuing a statement on December 9, Paramount Motors said that the new Hector has been designed by taking into consideration the safety and functionality. The new Hector, made in India variant is said to suit the roads and traffic of Nepal and will be available for purchase through the company’s dealerships across the nation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under its corporate social responsibility, Paramount Motors handed over Rs 1 million to help Zonta Club of Kathmandu organize awareness campaign on issues related to domestic violence, work/public harassment and child marriage. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><img alt="" src="/app/webroot/userfiles/images/Hectorr.jpg" style="height:214px; width:800px" /></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-12-14', 'modified' => '2021-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '14221', 'image' => '20211214070043_Hector.jpg', 'article_date' => '2021-12-14 18:58:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '13814', 'article_category_id' => '236', 'title' => 'Chinese Automobile Brand Cherry Enters Nepali Market Officially', 'sub_title' => '', 'summary' => 'August 13: Chinese automobile brand Cherry has officially entered the Nepali market.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">August 13: Chinese automobile brand Cherry has officially entered the Nepali market.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The company signed an agreement with SPG Automobiles as its official distributor at a virtual signing event held on August 12.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Cherry has been China's largest passenger vehicle exporter since 2003. The company believes that the entry of this brand in Nepal will have a positive impact on the Nepal’s automobile industry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Chairman of Cherry International, HE Xiaoqing, said that the cooperation between the two sides would help in the development of the Nepali automobile sector. Following Nepal's long-term trade strategy, Cherry plans to create a competitive environment through new products and address market demand, as per the chairman.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-08-13', 'modified' => '2021-08-13', 'keywords' => '', 'description' => '', 'sortorder' => '13559', 'image' => '20210813023150_chery.jpg', 'article_date' => '2021-08-13 14:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '21374', 'article_category_id' => '236', 'title' => 'Laxmi Intercontinental Offers Made in Nepal Hyundai Venue at 6.99 Percent Interest', 'sub_title' => '', 'summary' => 'KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor Corporation.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">KATHMANDU: Laxmi Intercontinental, the authorised dealer of Hyundai cars for Nepal, has unveiled the price of Hyundai Venue produced in Nepal by its sister company Laxmi Motor Corporation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a recent statement, the company said that the price of Hyundai Venue 1.2 (S) has been fixed at Rs 44,96,000 and the price of Hyundai Venue 1.2 (SX) has been fixed at Rs 53,56,000. The company added that both the models produced in Nepal are now available for sale.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company has also announced a financing scheme at 6.99 percent interest and 10 years of free servicing as well as three years of warranty for purchasing a Hyundai Venue under this plan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Laxmi Motor Corporation was established in Nepal with the investment of Laxmi Group and technical support from Hyundai Motor Company. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This is the first time that a vehicle assembling plant has produced a vehicle in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claims that the structure, quality, performance and other properties of Venue produced in Nepal are the same as vehicles of the same model manufactured by Hyundai Motor Company in South Korea or India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The aim of the company is to produce vehicles in the domestic market and help industrialize the country. It also aims for import substitution, create jobs, increase domestic revenue, develop skill and technology, consume domestic resources and electricity, contribute to the gross domestic product, and provide vehicles at an affordable price to the consumers, added the statement.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-27', 'modified' => '2024-06-27', 'keywords' => '', 'description' => '', 'sortorder' => '21100', 'image' => '20240627114907_20190823021811_Clipboard01.jpg', 'article_date' => '2024-06-27 11:48:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21322', 'article_category_id' => '236', 'title' => 'Hansraj Hulaschand and Co Launches Pulsar N150 in Nepal', 'sub_title' => '', 'summary' => 'KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Issuing a recent statement, the company said that the Pulsar N150 is designed for riders who seek a bike with a balanced character, ideal for both everyday commuting and enjoyable rides.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Abhimanyu Golchha, director of Golchha Group, stated that Pulsar bikes have set new benchmarks in Nepal since the day of its launch, and also globally, making Pulsar one of the most loved motorcycling brands across 70 countries. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The company further said that the Pulsar N150 has been introduced under the theme ‘Balanced Power’ which captures the essence of a bike that offers both performance and practicality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the major highlight of this motorbike is the digital console with bluetooth connectivity for call and SMS alerts, enhancing the overall riding experience. Moreover, it also comes with practical amenities such as a USB charging port. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Similarly, its fuel injection system and BS6 make this bike more efficient, added the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“The Pulsar N150 boasts a sleek design with an aerodynamic 3D front embodying sculptural purity, finished in a dynamic interplay of metalized dual colors. Equipped with a powerful yet smooth 149.68 cc engine, the Pulsar N150 generates 14.5 PS of power and 13.5 Nm of torque, ensuring an exhilarating ride with an impressive mileage of 48 kmpl,” Reads the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The bike features an LED projector headlamp that offers unmatched illumination and precise beam for better safety, said the company adding, “The Pulsar N150 comes with single-channel ABS, enhancing its safety profile. The Pulsar N150 rides on 17-inch alloy wheels with tubeless tyres, providing good road grip and stability.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Pulsar N150 features several advanced components including a digital speedometer, tachometer, trip meter, and odometer. It supports USB charging and offers a clock and a distance-to-empty indicator for added convenience, said the company. Additionally, the vehicle integrates with the "cat" notification system and the Hide Connect app, enhancing connectivity. The bike has a single-seat type, a single tubular handle type, and comes equipped with a passenger footrest.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">With a kerb weight of 145 kg, the Pulsar N150 offers a stable and comfortable ride, the company further stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“It has a fuel capacity of 14 liters, making it suitable for long rides without frequent refueling. The bike’s braking system includes a 260 mm front disc brake and a 130 mm rear drum brake, ensuring effective stopping power.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the Pulsar N150 is available in the Nepali market at a price of Rs 359,900.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-20', 'modified' => '2024-06-20', 'keywords' => '', 'description' => '', 'sortorder' => '21047', 'image' => '20240620010020_IMG I.jpeg', 'article_date' => '2024-06-20 12:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18043', 'article_category_id' => '236', 'title' => 'Unstable Policies Hampering Electric Vehicle Promotion in Nepal: NADA', 'sub_title' => '', 'summary' => 'The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 1: The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In a press release issued on Wednesday, NADA Nepal Automobiles Association of Nepal has criticized the government for making changes on tax and excise duty on electric vehicles through the budget speech in the parliament by Finance Minister Dr Prakash Sharan Mahat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">“The decision to hike tax and excise duty on the electric vehicles contradicts government’s policy of encouraging electric vehicles,” the statement reads. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"The association has been calling the government for a long time to establish a stable and long-term policy with various incentives and provisions for electric vehicles," the press release states. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"However, the government’s frequent amendments to the tax policy in such vehicles without ground shows the inconsistency between the government's words and actions for the promotion of electric vehicles,” according to NADA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Furthermore, the Auto Association has mentioned that the fluctuating policies and uncertainties in granting discounts and facilities by the government on the manufacturing of the electric vehicles within the country severely affect the electric vehicle industry. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Unstable and inconsistent policies have deterred auto entrepreneurs willing to manufacture electric vehicles within Nepal, NADA says. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The government has also increased the customs tariff on public electric buses, thereby discouraging the use of electric buses in public transportation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Auto Association has expressed dissatisfaction with the government's new provision for battery-importing companies to self-manage batteries after sale and make public battery management plans on an annual basis. The Auto Association has demanded the removal of such provision, which is neither practical nor feasible. </span></span></p> ', 'published' => true, 'created' => '2023-06-01', 'modified' => '2023-06-01', 'keywords' => '', 'description' => '', 'sortorder' => '17774', 'image' => '20230601063352_collage (4).jpg', 'article_date' => '2023-06-01 06:31:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '16912', 'article_category_id' => '236', 'title' => 'Volkswagen Announces Exchange Offer', 'sub_title' => '', 'summary' => 'February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp. ', 'content' => '<p><span style="font-size:18px">February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp that allows customers to trade in their old cars of any brand and take home a brand-new Volkswagen. <br /> As per the company officials, the customers will get the guaranteed best valuation for their old vehicles than they can get in the market.<br /> According to the company, its customers will also benefit from excellent cash discounts, the best exchange value for their old cars, and spot exchange services. In addition, the offer includes a loyalty bonus and an exchange bonus as well as a 2-year unlimited km warranty, reads a statement issued by the company. <br /> The camp which started on February 1 will run up to March 30. Customers who are interested in trading in their old four-wheelers can visit any Volkswagen showroom and dealers all over Nepal, added the statement.<br /> Volkswagen Nepal currently offers the Polo, Taigun, Allspace, and Touareg models in the Nepalese market. The company said it is dedicated to providing customers with the highest quality products and the best customer service.<br />  </span><br /> </p> ', 'published' => true, 'created' => '2023-02-02', 'modified' => '2023-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '16651', 'image' => '20230202030317_vw.jpg', 'article_date' => '2023-02-02 15:02:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16792', 'article_category_id' => '236', 'title' => 'TVS bags Best Feature and Best Commuter Bike Awards', 'sub_title' => '', 'summary' => 'January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, TVS said that its Raider model also bagged several prestigious awards last year including IMOTY-2022 and Autocar. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, TVS Raider 125 has a stunning muscular look combined with several other amazing characteristics such as adjustable monoshock suspension, USB charging, under-seat storage, and wider tyres. Similarly, attractive all-new LED headlight, angular LED DRLs, and a fender up front enhance its appearance even more. Likewise, it comes with a 3-valve engine and has the quickest acceleration rate with 0-60 KM/H acceleration in only 5.9 seconds, added the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the statement issued by Techlekh, TVS Raider managed to conquer the tough competition due to its affordability, stylish look, and other updated features. “These features made the TVS Raider unbeatable.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors Pvt Ltd is the sole distributor of TVS two-wheelers in Nepal. The company claims to have a strong nationwide distribution network of more than 140 dealers across Nepal.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16533', 'image' => '20230119051508_TVS Bags Best Feature And Best Commuter Bike Awards.jpeg', 'article_date' => '2023-01-19 17:14:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16789', 'article_category_id' => '236', 'title' => 'Sipradi Trading Orgagnises Nexon EV Range Test 2023', 'sub_title' => '', 'summary' => 'January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles, which the company believes will help protect environment and also ensure sustainable economic development.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement, the company said that there was enthusiastic participation of Nexon EV customers during the programme. Subash Khadka scored 397 Wh/Km along the Butwal-Bhairahawa road section to top the list of participants. Likewise, Gopal Sharma finished second with 387 Wh/Km range and Subodh Bhattarai secured third position with 378 Wh/Km range. Only 22 participants were able to score more than 300 range during the programme, the company said in the statement.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The top drivers with maximum range for minimum consumption of energy were provided attractive gift hampers by Sipradi Trading. First-placed Khadka bagged an LED TV while second place finisher Sharma was awarded a Samsung oven. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16530', 'image' => '20230119044302_NexonEV Range Test 2023 Butwal.jpeg', 'article_date' => '2023-01-19 16:42:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16482', 'article_category_id' => '236', 'title' => 'Auto Entrepreneurs, Importers Stage Sit-In At Maitighar Mandala Kathmandu ', 'sub_title' => '', 'summary' => 'Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. ', 'content' => '<p><span style="font-size:14px">December 8: Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. </span></p> <p><span style="font-size:14px">Auto entrepreneurs led by the NADA Automobiles Association of Nepal staged a sit-in at Maitighar Mandala, Kathmandu today. Carrying placards against the government and Nepal Rastra Bank, protesting auto importers demanded with government for business-friendly policies. They warned of continuing with their agitation until their demands were addressed by the government and Nepal Rastra Bank. </span></p> <p><span style="font-size:14px">Speaking at the sit-in programme, NADA Automobile Associations of Nepal Chairman Dhruba Thapa said that though import of the vehicles was open provision of 50 per cent and 100 per cent cash margin while opening letter of credit (LC) for importing vehicles had made them hard to import vehicles. Thapa demanded that the government remove the cash margin provision. </span></p> <p><span style="font-size:14px">“The government has to remove cash margin provisions while opening (LC) and increase financing cap to 80 per cent from the current 50 per cent”, Thapa demanded. He argued that selling vehicles would be tough with 50 per cent financing cap and current increased interest rate. Thapa warned of waging stern protest if their demands are not addressed immediately. “Nepal Rastra Bank’s policies are against the auto industry. The central bank has aggravated the industry, which is already struggling due to liquidity crisis and soaring interest rate”, Thapa added. </span></p> <p><span style="font-size:14px">Auto entrepreneurs have put forward a host of demands. Their demands include removing working capital guidelines, scrapping 50 per cent and 100 per cent cash margin provision while opening letter of credit (LC), lowering auto loan risk weightage from current 150 per cent to 75 per cent, and review of Credit Deposit ratio, among others. </span></p> <p><span style="font-size:14px">The government had imposed the ban on the import of cars, jeeps, vans and motorbikes above the capacity of 150 CC along with other edible goods since April 26, 2022. Terming the vehicles as luxury goods, the government had banned the import of vehicles, citing depletion of foreign currency reserves. A Cabinet meeting held on Tuesday had decided to lift ban on the import of all kinds of goods and services including vehicles from December 16. </span></p> <p><span style="font-size:14px">Organizing a press meet on December 2, NADA Automobiles Association of Nepal had announced a series of agitations. As part of the protest programme, automobile entrepreneurs and importers had staged the sit-in today. </span></p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16221', 'image' => '20221208060243_aandolan.jpg', 'article_date' => '2022-12-08 17:19:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '16479', 'article_category_id' => '236', 'title' => 'Mirganj Bridge Reopens after 11 Months', 'sub_title' => '', 'summary' => 'December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The new motorable bridge, built after the collapse of the old bridge, has been opened for public use. The operation of this strategic bridge – from the point of view of trade – has shortened the distance for vehicles carrying materials and other goods to the Biratnagar customs by 116 kilometers. This is expected to save both the time and money of the traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Until the bridge was operational, the transport vehicles entering Nepal through Jogbani checkpoint had to take a detour through the Bhantabari checkpoint in Sunsari. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Before this bridge was opened, an average of 68 cargo vehicles had been entering Nepal on a daily basis. On Wednesday, a total of 168 vehicles entered Nepal through the Nepal-India Integrated Checkpoint (ICP) at Jogbani in India and Rani in Nepal. According to the traders, the transportation cost of one truck/container is Rs 16,000.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ramchandra Dhungana, information officer of Biratnagar Customs Office, confirmed that freight vehicles have started arriving from the integrated check post since Wednesday. Customs chief Tara Prasad Sapkota said that though the Mirganj Bridge is yet to be officially commissioned, freight vehicles are passing through the ICP, and their number has increased. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">When the Mirganj Bridge was flooded, the revenue collection of the Biratnagar customs decreased by Rs 18.7 billion in 10 months. During this period, the traders have had to pay an additional transportation fee of around Rs 96.6 million in order to bring the goods through Sunsari's Bhantabari checkpoint.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Regmi, an industrialist, said that the cost of industrial production will be reduced with the reduction in transport fares after the Mirganj Bridge came into operation. He said that the transportation time will also be shortened.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ratnakar Yadav, head of the Jogbani Office of Land Port Authority of India, said that since the Mirganj Bridge was ready and could be opened for cargo vehicles, traffic was allowed through the ICP from Tuesday night. He said that although there is still some work to be done on the bridge and flyovers, there will be no problem for the movement of cargo vehicles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He informed more than 160 freight vehicles entered Nepal on Tuesday night.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16219', 'image' => '20221208023904_1670451569.6.jpg', 'article_date' => '2022-12-08 14:38:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15148', 'article_category_id' => '236', 'title' => 'Nepal Starts Producing Electric Vehicles in the Country', 'sub_title' => '', 'summary' => 'April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal. The company informed that it started the production of electric vehicles with the objective of reducing consumption of petroleum products by increasing the use of environment-friendly vehicles in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Auto set up an assembly plant in Rupandehi district two years ago with an investment of around Rs 1 billion to produce electric vehicles in Nepal by importing spare parts from abroad. The company informed during a press conference organized in Kathmandu on Thursday that it succeeded in producing electric vehicles after a long period of tests. In the initial phase, the company will be producing all types of motorcycles, scooters and cars. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Bhesh Bahadur Thapa, operator of Sundar Yatayat Pvt Ltd, said that the company also installs electric engines on all kinds of vehicles powered by petrol and diesel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He informed that it costs around Rs 70,000 to Rs 80,000 to add a new engine run by electric energy on a scooter or a motorcycle powered by fuel. The new engine will allow the vehicles run for 100 km. After the charge finishes, the vehicle will switch back to run with fuel. He said that it would cost Rs 120,000 to Rs 140,000 to add electric engine on a four-wheeler powered by fossil fuel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Converting an old bike or scooter to electric vehicle is cost-effective in the long run.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pandav Poudel, an engineer at Sundar Auto Engineering Pvt. Ltd. said, “A scooter or bike that runs a hundred kilometers costs Rs 450 on fuel. Converting it to electric can cover the same distance at just Rs 31 and help people save more than Rs 400. He informed that it takes three days to convert a fuel powered vehicle to an electricity powered vehicle. So far, the company converts only scooters, bikes and cars into electrical vehicles. Engineer Poudel informed that test work is being done in case of Hiace and big buses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><strong>Electric vehicles outside the valley</strong></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Transport Pvt. Ltd. is going to operate electric vehicles outside the Kathmandu Valley as well. The company informed that it is preparing to run electric vehicles in major cities outside the Kathmandu Valley with the objective of providing transportation services at affordable prices in the face of increasing fuel prices.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the company said that they are preparing to run an electric bus from Kakadvitta of Jhapa to Biratnagar by April 28. Similarly, preparations are being made to run an electric bus from Bhandara of Chitwan to Nawalparasi by May 29. Sundar Transport is currently running electric bus in Kathmandu Valley.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-22', 'keywords' => '', 'description' => '', 'sortorder' => '14890', 'image' => '20220422030631_electric-bikes-in-nepal.jpg', 'article_date' => '2022-04-22 15:05:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15123', 'article_category_id' => '236', 'title' => 'Automobile Business in Crisis after Banks Stop Opening LCs for Importing Vehicles', 'sub_title' => '', 'summary' => 'April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. Automobile dealers are making efforts to reverse the decision stating that their entire business has been affected due to the decision. However, the central bank's unannounced ban on LCs is not expected to be lifted immediately.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the NADA Automobiles Association of Nepal, an umbrella body of automobile dealers, met with Prime Minister Sher Bahadur Deuba last week urging him to direct Nepal Rastra Bank to allow banks to open an LC for importing vehicles. On Sunday, the representatives of NADA also met Finance Minister Janardan Sharma. Despite meeting high-ranking government officials, the automobile dealers complained that they have not received anything but assurance so far.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the association, investors have poured more than Rs 350 billion in the automobile business. This sector contributes more than Rs 150 billion in revenue every year. Entrepreneurs have complained that the area which has provided direct employment to more than 98,000 people has become chaotic due to the suspension of LC.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President of the association Dhruba Thapa said it was not appropriate to restrict opening LCs on the grounds that foreign exchange reserves were low. "No other country does that, but it has been done in Nepal," he said.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Sharma made it clear to NADA officials that the government was not in favour of stopping imports.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NADA officials had requested the finance minister to lift the ban on LC for importing vehicles. NADA Vice President Rajan Babu Shrestha had briefed Finance Minister Sharma about the possible impacts of stopping the import of vehicles into the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that the automobile sector, which has invested heavily, is in crisis after commercial banks stopped opening LCs for importing automobiles that are listed as luxury items. The banks did so upon the verbal instructions of NRB. According to NADA Chairman Thapa, even the vehicles ordered earlier are stuck at this time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">When the association raised the issue on April 9, Prime Minister Sher Bahadur Deuba assured to take appropriate measures after looking into the matter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, entrepreneurs are disappointed that the LC has not been opened even a week after the Prime Minister's assurance. Entrepreneurs say that the auto business will collapse if the government does not eases import of vehicles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Prime Minister Deuba had also suggested the businessmen take up the issue with the finance minister. Accordingly, the businessmen met the finance minister. They said that they only got assurance from the finance minister during the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Finance Minister Sharma asked the traders to be patient. The association is also preparing to meet Officiating Governor of Nepal Rastra Bank Neelam Dhungana Timsina to raise the issue. Entrepreneurs argue that the recent policy of the NRB has put the business in crisis and have requested facilitation in opening LC.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '14865', 'image' => '20220418022912_nada.jpg', 'article_date' => '2022-04-18 14:28:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '14892', 'article_category_id' => '236', 'title' => 'PROTON X50 Spotted in Nepal', 'sub_title' => '', 'summary' => 'March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claimed that Proton X50 is the newest addition from the Malaysian carmakers in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, the Proton X50 comes in four variants. The SUV is be powered by a 1.5-litre turbocharged three-cylinder, and a TGDi (Direct Injection) turbocharged three-cylinder petrol in the top flagship variant. The engines produce 150 PS of Maximum Power and 226 NM of torque with the TGDi engine upping the numbers to 130PS of power and 255 Nm of torque, the company said in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 has a long list of features, including an Advanced Driver Assistance System (ADAS), which is only seen in a few premium manufacturers, the company claimed. The Proton X50 SUV, according to the manufacturer's website, includes best-in-class features such as 6 airbags, ABS with EBS and BA, Auto Headlights and Wipers, Keyless Entry (with active touch sensors on the front door handles), Push-Start, 360-Degree Camera, 8 Speakers, 8-inch Infotainment Screen, Autonomous Emergency Braking, Adaptive Cruise Control, Climate Control with Smart Air Purifier System, and Electrically Foldable seats. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 also comes with a useful Auto Park feature, a self-parking system. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The X50 also holds a full 5-star crash test rating from ASEAN-NCAP,” the statement said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors has been selling PROTON since 2020 with variants such PROTON Saga in the entry level sedan segment and the luxurious PROTON X70 in the premium SUV segment. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“PROTON has been able to create a huge impression in the market with their product as well as after sales services and the upcoming X50 will surely boost their presence in the Nepali market while other brands are struggling with stock and inventory in the present scenario,” added the statement. </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-03-08', 'modified' => '2022-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '14635', 'image' => '20220308120618_X50 2.jpeg', 'article_date' => '2022-03-08 12:05:36', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '14813', 'article_category_id' => '236', 'title' => 'CG Motocrop Rolls out Fuel-Efficient Suzuki Celerio', 'sub_title' => '', 'summary' => 'February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">With the growing fuel price in the country, Celerio can be a perfect car for Nepalese customers as it promises to be low on running cost, the company said in a statement. According to the company, the new Celerio comes with an unparalleled driving experience, new 3D organic sculpted design, first-in-segment safety, and convenience features. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to Siraj Pant, general manager for sales and marketing of CG Motocrop, Celerio has been a much-loved family car in the Nepalese market. This next-generation Celerio, offers even more to the Nepalese customers with its highest mileage and unmatched safety and convenient features, while offering a fresh new design in this segment, added Pant.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The statement added that the all-new Celerio offers a spacious cabin for increased comfort. Equipped with the next generation K-series engine with Dual Jet, Dual VVT, the all-new Celerio is the most fuel-efficient petrol car offering a mileage of 26.68 km per litre, the company claimed.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">“With segment-first features like Idle Start-Stop, the all-new Celerio makes a step forward towards sustainability by reducing CO2 emissions by up to 19 percent across variants. Powered by cutting-edge technology, it offers a torque of 89Nm@3500rpm and power of 67ps@5500RPM. Development of Next-gen K-series engine is done with the use of state-of-art technology like cooled EGR, auto tensioner, and integrated exhaust manifold,” the statement said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Built on Suzuki’s signature HEARTECT platform, the all-new Celerio comes with a smooth structure for effective absorption and dispersion of impact force, the company further said. According to the statement, the HEARTECT platform improves rigidity and overall strength of the car. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-02-22', 'modified' => '2022-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '14555', 'image' => '20220222091443_Untitled.jpg', 'article_date' => '2022-02-22 21:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '14482', 'article_category_id' => '236', 'title' => 'New Showroom of Renault in Lahan', 'sub_title' => '', 'summary' => 'December 15: A new showroom of Renault has come into operation in Lahan from Monday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 15: A new showroom of Renault has come into operation in Lahan from Monday. Renault opened the new showroom with the aim of expanding its branches all over Nepal. Renault collaborated with Bhagya Mahalaxmi Automobiles to open the new showroom. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Adhir Kumar Shrestha, the General Manager of the company and Bipul Bhattarai, the Head of Sales Network, inaugurated the new showroom amid a function. According to a statement issued by the company, the inauguration ceremony was attended chief guest Ashok Lal Amatya from District Chamber of Commerce and Industry, and Ram Shah<strong>, </strong>the director of the Bhagya Laxmi Automobiles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We are committed to provide high quality services to our customers. In addition, we are grateful for the trust that Nepali consumers have put in us,” the statement quoted General Manager Adhir Kumar Shrestha as saying. The head of Sales Network, Bipul Bhattarai reportedly said that the newly opened showroom will provide all necessary services to the customers outside the Kathmandu Valley.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Renault's most popular models Kwid, Triber, Kiger and Duster are available in the new showroom. Customers can also get spare parts, accessories and other services at the showroom.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-12-15', 'modified' => '2021-12-15', 'keywords' => '', 'description' => '', 'sortorder' => '14227', 'image' => 'Renault.jfif', 'article_date' => '2021-12-15 16:39:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '14476', 'article_category_id' => '236', 'title' => 'Paramount Motors Launch MG Hector in Nepal', 'sub_title' => 'Pricing Starts at Rs 5.99 Million', 'summary' => 'December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector. The new model of MG Motors was launched recently at the company’s showroom in Naxal showroom amid a press conference. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Following the launch, Paramount Motors unveiled the price of the new model and announced the commencement of vehicle delivery to the customers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, Hector MT and CVT have been competitively priced at Rs 5.99 million and Rs 6.49 million respectively. The company claimed that the two variants are in high demand in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Issuing a statement on December 9, Paramount Motors said that the new Hector has been designed by taking into consideration the safety and functionality. The new Hector, made in India variant is said to suit the roads and traffic of Nepal and will be available for purchase through the company’s dealerships across the nation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under its corporate social responsibility, Paramount Motors handed over Rs 1 million to help Zonta Club of Kathmandu organize awareness campaign on issues related to domestic violence, work/public harassment and child marriage. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><img alt="" src="/app/webroot/userfiles/images/Hectorr.jpg" style="height:214px; width:800px" /></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-12-14', 'modified' => '2021-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '14221', 'image' => '20211214070043_Hector.jpg', 'article_date' => '2021-12-14 18:58:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '13814', 'article_category_id' => '236', 'title' => 'Chinese Automobile Brand Cherry Enters Nepali Market Officially', 'sub_title' => '', 'summary' => 'August 13: Chinese automobile brand Cherry has officially entered the Nepali market.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">August 13: Chinese automobile brand Cherry has officially entered the Nepali market.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The company signed an agreement with SPG Automobiles as its official distributor at a virtual signing event held on August 12.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Cherry has been China's largest passenger vehicle exporter since 2003. The company believes that the entry of this brand in Nepal will have a positive impact on the Nepal’s automobile industry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Chairman of Cherry International, HE Xiaoqing, said that the cooperation between the two sides would help in the development of the Nepali automobile sector. Following Nepal's long-term trade strategy, Cherry plans to create a competitive environment through new products and address market demand, as per the chairman.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-08-13', 'modified' => '2021-08-13', 'keywords' => '', 'description' => '', 'sortorder' => '13559', 'image' => '20210813023150_chery.jpg', 'article_date' => '2021-08-13 14:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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The company added that both the models produced in Nepal are now available for sale.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company has also announced a financing scheme at 6.99 percent interest and 10 years of free servicing as well as three years of warranty for purchasing a Hyundai Venue under this plan. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Laxmi Motor Corporation was established in Nepal with the investment of Laxmi Group and technical support from Hyundai Motor Company. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">This is the first time that a vehicle assembling plant has produced a vehicle in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claims that the structure, quality, performance and other properties of Venue produced in Nepal are the same as vehicles of the same model manufactured by Hyundai Motor Company in South Korea or India.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The aim of the company is to produce vehicles in the domestic market and help industrialize the country. It also aims for import substitution, create jobs, increase domestic revenue, develop skill and technology, consume domestic resources and electricity, contribute to the gross domestic product, and provide vehicles at an affordable price to the consumers, added the statement.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-27', 'modified' => '2024-06-27', 'keywords' => '', 'description' => '', 'sortorder' => '21100', 'image' => '20240627114907_20190823021811_Clipboard01.jpg', 'article_date' => '2024-06-27 11:48:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '21322', 'article_category_id' => '236', 'title' => 'Hansraj Hulaschand and Co Launches Pulsar N150 in Nepal', 'sub_title' => '', 'summary' => 'KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">KATHMANDU: Hansraj Hulaschand & Co Pvt Ltd, the sole authorized distributor of Bajaj motorcycles in Nepal, has announced the launch of the all-new Pulsar N150. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Issuing a recent statement, the company said that the Pulsar N150 is designed for riders who seek a bike with a balanced character, ideal for both everyday commuting and enjoyable rides.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Abhimanyu Golchha, director of Golchha Group, stated that Pulsar bikes have set new benchmarks in Nepal since the day of its launch, and also globally, making Pulsar one of the most loved motorcycling brands across 70 countries. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The company further said that the Pulsar N150 has been introduced under the theme ‘Balanced Power’ which captures the essence of a bike that offers both performance and practicality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the major highlight of this motorbike is the digital console with bluetooth connectivity for call and SMS alerts, enhancing the overall riding experience. Moreover, it also comes with practical amenities such as a USB charging port. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Similarly, its fuel injection system and BS6 make this bike more efficient, added the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“The Pulsar N150 boasts a sleek design with an aerodynamic 3D front embodying sculptural purity, finished in a dynamic interplay of metalized dual colors. Equipped with a powerful yet smooth 149.68 cc engine, the Pulsar N150 generates 14.5 PS of power and 13.5 Nm of torque, ensuring an exhilarating ride with an impressive mileage of 48 kmpl,” Reads the statement.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The bike features an LED projector headlamp that offers unmatched illumination and precise beam for better safety, said the company adding, “The Pulsar N150 comes with single-channel ABS, enhancing its safety profile. The Pulsar N150 rides on 17-inch alloy wheels with tubeless tyres, providing good road grip and stability.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Pulsar N150 features several advanced components including a digital speedometer, tachometer, trip meter, and odometer. It supports USB charging and offers a clock and a distance-to-empty indicator for added convenience, said the company. Additionally, the vehicle integrates with the "cat" notification system and the Hide Connect app, enhancing connectivity. The bike has a single-seat type, a single tubular handle type, and comes equipped with a passenger footrest.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">With a kerb weight of 145 kg, the Pulsar N150 offers a stable and comfortable ride, the company further stated. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“It has a fuel capacity of 14 liters, making it suitable for long rides without frequent refueling. The bike’s braking system includes a 260 mm front disc brake and a 130 mm rear drum brake, ensuring effective stopping power.”</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">According to the company, the Pulsar N150 is available in the Nepali market at a price of Rs 359,900.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2024-06-20', 'modified' => '2024-06-20', 'keywords' => '', 'description' => '', 'sortorder' => '21047', 'image' => '20240620010020_IMG I.jpeg', 'article_date' => '2024-06-20 12:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '18043', 'article_category_id' => '236', 'title' => 'Unstable Policies Hampering Electric Vehicle Promotion in Nepal: NADA', 'sub_title' => '', 'summary' => 'The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">June 1: The auto entrepreneurs have said that the government’s unstable policy has hindered the promotion and business of electric vehicles in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">In a press release issued on Wednesday, NADA Nepal Automobiles Association of Nepal has criticized the government for making changes on tax and excise duty on electric vehicles through the budget speech in the parliament by Finance Minister Dr Prakash Sharan Mahat. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">“The decision to hike tax and excise duty on the electric vehicles contradicts government’s policy of encouraging electric vehicles,” the statement reads. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"The association has been calling the government for a long time to establish a stable and long-term policy with various incentives and provisions for electric vehicles," the press release states. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">"However, the government’s frequent amendments to the tax policy in such vehicles without ground shows the inconsistency between the government's words and actions for the promotion of electric vehicles,” according to NADA.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Furthermore, the Auto Association has mentioned that the fluctuating policies and uncertainties in granting discounts and facilities by the government on the manufacturing of the electric vehicles within the country severely affect the electric vehicle industry. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Unstable and inconsistent policies have deterred auto entrepreneurs willing to manufacture electric vehicles within Nepal, NADA says. </span></span><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">The government has also increased the customs tariff on public electric buses, thereby discouraging the use of electric buses in public transportation. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,sans-serif">Auto Association has expressed dissatisfaction with the government's new provision for battery-importing companies to self-manage batteries after sale and make public battery management plans on an annual basis. The Auto Association has demanded the removal of such provision, which is neither practical nor feasible. </span></span></p> ', 'published' => true, 'created' => '2023-06-01', 'modified' => '2023-06-01', 'keywords' => '', 'description' => '', 'sortorder' => '17774', 'image' => '20230601063352_collage (4).jpg', 'article_date' => '2023-06-01 06:31:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '16912', 'article_category_id' => '236', 'title' => 'Volkswagen Announces Exchange Offer', 'sub_title' => '', 'summary' => 'February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp. ', 'content' => '<p><span style="font-size:18px">February 2: Pooja International Nepal Pvt Ltd, the sole authorized importer and distributor of Volkswagen vehicles in Nepal, has announced the launch of its “Switch to Premium Car Culture” Exchange Camp that allows customers to trade in their old cars of any brand and take home a brand-new Volkswagen. <br /> As per the company officials, the customers will get the guaranteed best valuation for their old vehicles than they can get in the market.<br /> According to the company, its customers will also benefit from excellent cash discounts, the best exchange value for their old cars, and spot exchange services. In addition, the offer includes a loyalty bonus and an exchange bonus as well as a 2-year unlimited km warranty, reads a statement issued by the company. <br /> The camp which started on February 1 will run up to March 30. Customers who are interested in trading in their old four-wheelers can visit any Volkswagen showroom and dealers all over Nepal, added the statement.<br /> Volkswagen Nepal currently offers the Polo, Taigun, Allspace, and Touareg models in the Nepalese market. The company said it is dedicated to providing customers with the highest quality products and the best customer service.<br />  </span><br /> </p> ', 'published' => true, 'created' => '2023-02-02', 'modified' => '2023-02-02', 'keywords' => '', 'description' => '', 'sortorder' => '16651', 'image' => '20230202030317_vw.jpg', 'article_date' => '2023-02-02 15:02:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16792', 'article_category_id' => '236', 'title' => 'TVS bags Best Feature and Best Commuter Bike Awards', 'sub_title' => '', 'summary' => 'January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 19: TVS Raider and TVS Apache RTR 160 4V have bagged the 'Best Commuter' and 'Best Feature' awards respectively organized by the leading tech online portal, Techlekh. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Issuing a statement, TVS said that its Raider model also bagged several prestigious awards last year including IMOTY-2022 and Autocar. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, TVS Raider 125 has a stunning muscular look combined with several other amazing characteristics such as adjustable monoshock suspension, USB charging, under-seat storage, and wider tyres. Similarly, attractive all-new LED headlight, angular LED DRLs, and a fender up front enhance its appearance even more. Likewise, it comes with a 3-valve engine and has the quickest acceleration rate with 0-60 KM/H acceleration in only 5.9 seconds, added the company.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the statement issued by Techlekh, TVS Raider managed to conquer the tough competition due to its affordability, stylish look, and other updated features. “These features made the TVS Raider unbeatable.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors Pvt Ltd is the sole distributor of TVS two-wheelers in Nepal. The company claims to have a strong nationwide distribution network of more than 140 dealers across Nepal.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16533', 'image' => '20230119051508_TVS Bags Best Feature And Best Commuter Bike Awards.jpeg', 'article_date' => '2023-01-19 17:14:21', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16789', 'article_category_id' => '236', 'title' => 'Sipradi Trading Orgagnises Nexon EV Range Test 2023', 'sub_title' => '', 'summary' => 'January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">January 19: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, recently orgagnised the Nexon EV Range Test 2023 Programme from Butwal to Bhairahawa with the objective of promoting electric vehicles, which the company believes will help protect environment and also ensure sustainable economic development.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a statement, the company said that there was enthusiastic participation of Nexon EV customers during the programme. Subash Khadka scored 397 Wh/Km along the Butwal-Bhairahawa road section to top the list of participants. Likewise, Gopal Sharma finished second with 387 Wh/Km range and Subodh Bhattarai secured third position with 378 Wh/Km range. Only 22 participants were able to score more than 300 range during the programme, the company said in the statement.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The top drivers with maximum range for minimum consumption of energy were provided attractive gift hampers by Sipradi Trading. First-placed Khadka bagged an LED TV while second place finisher Sharma was awarded a Samsung oven. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-01-19', 'modified' => '2023-01-19', 'keywords' => '', 'description' => '', 'sortorder' => '16530', 'image' => '20230119044302_NexonEV Range Test 2023 Butwal.jpeg', 'article_date' => '2023-01-19 16:42:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16482', 'article_category_id' => '236', 'title' => 'Auto Entrepreneurs, Importers Stage Sit-In At Maitighar Mandala Kathmandu ', 'sub_title' => '', 'summary' => 'Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. ', 'content' => '<p><span style="font-size:14px">December 8: Despite the lifting of the ban imposed on the import of vehicles by the government, automobile importers and entrepreneurs have been agitated saying that Nepal Rastra Bank’s policy had ruined auto industry. </span></p> <p><span style="font-size:14px">Auto entrepreneurs led by the NADA Automobiles Association of Nepal staged a sit-in at Maitighar Mandala, Kathmandu today. Carrying placards against the government and Nepal Rastra Bank, protesting auto importers demanded with government for business-friendly policies. They warned of continuing with their agitation until their demands were addressed by the government and Nepal Rastra Bank. </span></p> <p><span style="font-size:14px">Speaking at the sit-in programme, NADA Automobile Associations of Nepal Chairman Dhruba Thapa said that though import of the vehicles was open provision of 50 per cent and 100 per cent cash margin while opening letter of credit (LC) for importing vehicles had made them hard to import vehicles. Thapa demanded that the government remove the cash margin provision. </span></p> <p><span style="font-size:14px">“The government has to remove cash margin provisions while opening (LC) and increase financing cap to 80 per cent from the current 50 per cent”, Thapa demanded. He argued that selling vehicles would be tough with 50 per cent financing cap and current increased interest rate. Thapa warned of waging stern protest if their demands are not addressed immediately. “Nepal Rastra Bank’s policies are against the auto industry. The central bank has aggravated the industry, which is already struggling due to liquidity crisis and soaring interest rate”, Thapa added. </span></p> <p><span style="font-size:14px">Auto entrepreneurs have put forward a host of demands. Their demands include removing working capital guidelines, scrapping 50 per cent and 100 per cent cash margin provision while opening letter of credit (LC), lowering auto loan risk weightage from current 150 per cent to 75 per cent, and review of Credit Deposit ratio, among others. </span></p> <p><span style="font-size:14px">The government had imposed the ban on the import of cars, jeeps, vans and motorbikes above the capacity of 150 CC along with other edible goods since April 26, 2022. Terming the vehicles as luxury goods, the government had banned the import of vehicles, citing depletion of foreign currency reserves. A Cabinet meeting held on Tuesday had decided to lift ban on the import of all kinds of goods and services including vehicles from December 16. </span></p> <p><span style="font-size:14px">Organizing a press meet on December 2, NADA Automobiles Association of Nepal had announced a series of agitations. As part of the protest programme, automobile entrepreneurs and importers had staged the sit-in today. </span></p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16221', 'image' => '20221208060243_aandolan.jpg', 'article_date' => '2022-12-08 17:19:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '16479', 'article_category_id' => '236', 'title' => 'Mirganj Bridge Reopens after 11 Months', 'sub_title' => '', 'summary' => 'December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">December 8: The strategic Mirganj Bridge, which lies four kilometers inside India from the Jogbani-Biratnagar border point in eastern Nepal, has come into operation after 11 months of closure.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">The new motorable bridge, built after the collapse of the old bridge, has been opened for public use. The operation of this strategic bridge – from the point of view of trade – has shortened the distance for vehicles carrying materials and other goods to the Biratnagar customs by 116 kilometers. This is expected to save both the time and money of the traders.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Until the bridge was operational, the transport vehicles entering Nepal through Jogbani checkpoint had to take a detour through the Bhantabari checkpoint in Sunsari. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Before this bridge was opened, an average of 68 cargo vehicles had been entering Nepal on a daily basis. On Wednesday, a total of 168 vehicles entered Nepal through the Nepal-India Integrated Checkpoint (ICP) at Jogbani in India and Rani in Nepal. According to the traders, the transportation cost of one truck/container is Rs 16,000.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ramchandra Dhungana, information officer of Biratnagar Customs Office, confirmed that freight vehicles have started arriving from the integrated check post since Wednesday. Customs chief Tara Prasad Sapkota said that though the Mirganj Bridge is yet to be officially commissioned, freight vehicles are passing through the ICP, and their number has increased. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">When the Mirganj Bridge was flooded, the revenue collection of the Biratnagar customs decreased by Rs 18.7 billion in 10 months. During this period, the traders have had to pay an additional transportation fee of around Rs 96.6 million in order to bring the goods through Sunsari's Bhantabari checkpoint.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Krishna Regmi, an industrialist, said that the cost of industrial production will be reduced with the reduction in transport fares after the Mirganj Bridge came into operation. He said that the transportation time will also be shortened.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Ratnakar Yadav, head of the Jogbani Office of Land Port Authority of India, said that since the Mirganj Bridge was ready and could be opened for cargo vehicles, traffic was allowed through the ICP from Tuesday night. He said that although there is still some work to be done on the bridge and flyovers, there will be no problem for the movement of cargo vehicles. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He informed more than 160 freight vehicles entered Nepal on Tuesday night.</span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-08', 'modified' => '2022-12-08', 'keywords' => '', 'description' => '', 'sortorder' => '16219', 'image' => '20221208023904_1670451569.6.jpg', 'article_date' => '2022-12-08 14:38:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15148', 'article_category_id' => '236', 'title' => 'Nepal Starts Producing Electric Vehicles in the Country', 'sub_title' => '', 'summary' => 'April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 22: Sundar Auto Engineering Pvt Ltd, a sister company of Sundar Transport Pvt Ltd, has started production of electric vehicles in Nepal. The company informed that it started the production of electric vehicles with the objective of reducing consumption of petroleum products by increasing the use of environment-friendly vehicles in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Auto set up an assembly plant in Rupandehi district two years ago with an investment of around Rs 1 billion to produce electric vehicles in Nepal by importing spare parts from abroad. The company informed during a press conference organized in Kathmandu on Thursday that it succeeded in producing electric vehicles after a long period of tests. In the initial phase, the company will be producing all types of motorcycles, scooters and cars. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Bhesh Bahadur Thapa, operator of Sundar Yatayat Pvt Ltd, said that the company also installs electric engines on all kinds of vehicles powered by petrol and diesel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">He informed that it costs around Rs 70,000 to Rs 80,000 to add a new engine run by electric energy on a scooter or a motorcycle powered by fuel. The new engine will allow the vehicles run for 100 km. After the charge finishes, the vehicle will switch back to run with fuel. He said that it would cost Rs 120,000 to Rs 140,000 to add electric engine on a four-wheeler powered by fossil fuel.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Converting an old bike or scooter to electric vehicle is cost-effective in the long run.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Pandav Poudel, an engineer at Sundar Auto Engineering Pvt. Ltd. said, “A scooter or bike that runs a hundred kilometers costs Rs 450 on fuel. Converting it to electric can cover the same distance at just Rs 31 and help people save more than Rs 400. He informed that it takes three days to convert a fuel powered vehicle to an electricity powered vehicle. So far, the company converts only scooters, bikes and cars into electrical vehicles. Engineer Poudel informed that test work is being done in case of Hiace and big buses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><strong>Electric vehicles outside the valley</strong></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Sundar Transport Pvt. Ltd. is going to operate electric vehicles outside the Kathmandu Valley as well. The company informed that it is preparing to run electric vehicles in major cities outside the Kathmandu Valley with the objective of providing transportation services at affordable prices in the face of increasing fuel prices.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the company said that they are preparing to run an electric bus from Kakadvitta of Jhapa to Biratnagar by April 28. Similarly, preparations are being made to run an electric bus from Bhandara of Chitwan to Nawalparasi by May 29. Sundar Transport is currently running electric bus in Kathmandu Valley.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-22', 'keywords' => '', 'description' => '', 'sortorder' => '14890', 'image' => '20220422030631_electric-bikes-in-nepal.jpg', 'article_date' => '2022-04-22 15:05:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15123', 'article_category_id' => '236', 'title' => 'Automobile Business in Crisis after Banks Stop Opening LCs for Importing Vehicles', 'sub_title' => '', 'summary' => 'April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">April 18: Commercial banks have not opened LCs for import of vehicles since April 7 under the directive of the central bank. Automobile dealers are making efforts to reverse the decision stating that their entire business has been affected due to the decision. However, the central bank's unannounced ban on LCs is not expected to be lifted immediately.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Officials of the NADA Automobiles Association of Nepal, an umbrella body of automobile dealers, met with Prime Minister Sher Bahadur Deuba last week urging him to direct Nepal Rastra Bank to allow banks to open an LC for importing vehicles. On Sunday, the representatives of NADA also met Finance Minister Janardan Sharma. Despite meeting high-ranking government officials, the automobile dealers complained that they have not received anything but assurance so far.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the association, investors have poured more than Rs 350 billion in the automobile business. This sector contributes more than Rs 150 billion in revenue every year. Entrepreneurs have complained that the area which has provided direct employment to more than 98,000 people has become chaotic due to the suspension of LC.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">President of the association Dhruba Thapa said it was not appropriate to restrict opening LCs on the grounds that foreign exchange reserves were low. "No other country does that, but it has been done in Nepal," he said.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">During the meeting, Finance Minister Sharma made it clear to NADA officials that the government was not in favour of stopping imports.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">NADA officials had requested the finance minister to lift the ban on LC for importing vehicles. NADA Vice President Rajan Babu Shrestha had briefed Finance Minister Sharma about the possible impacts of stopping the import of vehicles into the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneurs say that the automobile sector, which has invested heavily, is in crisis after commercial banks stopped opening LCs for importing automobiles that are listed as luxury items. The banks did so upon the verbal instructions of NRB. According to NADA Chairman Thapa, even the vehicles ordered earlier are stuck at this time.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">When the association raised the issue on April 9, Prime Minister Sher Bahadur Deuba assured to take appropriate measures after looking into the matter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">However, entrepreneurs are disappointed that the LC has not been opened even a week after the Prime Minister's assurance. Entrepreneurs say that the auto business will collapse if the government does not eases import of vehicles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Prime Minister Deuba had also suggested the businessmen take up the issue with the finance minister. Accordingly, the businessmen met the finance minister. They said that they only got assurance from the finance minister during the meeting.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Finance Minister Sharma asked the traders to be patient. The association is also preparing to meet Officiating Governor of Nepal Rastra Bank Neelam Dhungana Timsina to raise the issue. Entrepreneurs argue that the recent policy of the NRB has put the business in crisis and have requested facilitation in opening LC.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-18', 'keywords' => '', 'description' => '', 'sortorder' => '14865', 'image' => '20220418022912_nada.jpg', 'article_date' => '2022-04-18 14:28:31', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '14892', 'article_category_id' => '236', 'title' => 'PROTON X50 Spotted in Nepal', 'sub_title' => '', 'summary' => 'March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">March 8: Jagdamba Motors, the authorized distributor of PROTON brand in Nepal, has launched the Proton X50 Sports Utility Vehicle (SUV) in the country.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The company claimed that Proton X50 is the newest addition from the Malaysian carmakers in Nepal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the company, the Proton X50 comes in four variants. The SUV is be powered by a 1.5-litre turbocharged three-cylinder, and a TGDi (Direct Injection) turbocharged three-cylinder petrol in the top flagship variant. The engines produce 150 PS of Maximum Power and 226 NM of torque with the TGDi engine upping the numbers to 130PS of power and 255 Nm of torque, the company said in a statement.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 has a long list of features, including an Advanced Driver Assistance System (ADAS), which is only seen in a few premium manufacturers, the company claimed. The Proton X50 SUV, according to the manufacturer's website, includes best-in-class features such as 6 airbags, ABS with EBS and BA, Auto Headlights and Wipers, Keyless Entry (with active touch sensors on the front door handles), Push-Start, 360-Degree Camera, 8 Speakers, 8-inch Infotainment Screen, Autonomous Emergency Braking, Adaptive Cruise Control, Climate Control with Smart Air Purifier System, and Electrically Foldable seats. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The Proton X50 also comes with a useful Auto Park feature, a self-parking system. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The X50 also holds a full 5-star crash test rating from ASEAN-NCAP,” the statement said.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Jagdamba Motors has been selling PROTON since 2020 with variants such PROTON Saga in the entry level sedan segment and the luxurious PROTON X70 in the premium SUV segment. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“PROTON has been able to create a huge impression in the market with their product as well as after sales services and the upcoming X50 will surely boost their presence in the Nepali market while other brands are struggling with stock and inventory in the present scenario,” added the statement. </span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-03-08', 'modified' => '2022-03-08', 'keywords' => '', 'description' => '', 'sortorder' => '14635', 'image' => '20220308120618_X50 2.jpeg', 'article_date' => '2022-03-08 12:05:36', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '14813', 'article_category_id' => '236', 'title' => 'CG Motocrop Rolls out Fuel-Efficient Suzuki Celerio', 'sub_title' => '', 'summary' => 'February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">February 22: CG Motocorp, the authorized distributor of Suzuki four-wheelers in Nepal and automotive division of CG Holdings, has launched Suzuki Celerio which the company claims to be the “most fuel-efficient family car”.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">With the growing fuel price in the country, Celerio can be a perfect car for Nepalese customers as it promises to be low on running cost, the company said in a statement. According to the company, the new Celerio comes with an unparalleled driving experience, new 3D organic sculpted design, first-in-segment safety, and convenience features. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to Siraj Pant, general manager for sales and marketing of CG Motocrop, Celerio has been a much-loved family car in the Nepalese market. This next-generation Celerio, offers even more to the Nepalese customers with its highest mileage and unmatched safety and convenient features, while offering a fresh new design in this segment, added Pant.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The statement added that the all-new Celerio offers a spacious cabin for increased comfort. Equipped with the next generation K-series engine with Dual Jet, Dual VVT, the all-new Celerio is the most fuel-efficient petrol car offering a mileage of 26.68 km per litre, the company claimed.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">“With segment-first features like Idle Start-Stop, the all-new Celerio makes a step forward towards sustainability by reducing CO2 emissions by up to 19 percent across variants. Powered by cutting-edge technology, it offers a torque of 89Nm@3500rpm and power of 67ps@5500RPM. Development of Next-gen K-series engine is done with the use of state-of-art technology like cooled EGR, auto tensioner, and integrated exhaust manifold,” the statement said.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Built on Suzuki’s signature HEARTECT platform, the all-new Celerio comes with a smooth structure for effective absorption and dispersion of impact force, the company further said. According to the statement, the HEARTECT platform improves rigidity and overall strength of the car. </span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-02-22', 'modified' => '2022-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '14555', 'image' => '20220222091443_Untitled.jpg', 'article_date' => '2022-02-22 21:13:57', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '14482', 'article_category_id' => '236', 'title' => 'New Showroom of Renault in Lahan', 'sub_title' => '', 'summary' => 'December 15: A new showroom of Renault has come into operation in Lahan from Monday. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 15: A new showroom of Renault has come into operation in Lahan from Monday. Renault opened the new showroom with the aim of expanding its branches all over Nepal. Renault collaborated with Bhagya Mahalaxmi Automobiles to open the new showroom. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Adhir Kumar Shrestha, the General Manager of the company and Bipul Bhattarai, the Head of Sales Network, inaugurated the new showroom amid a function. According to a statement issued by the company, the inauguration ceremony was attended chief guest Ashok Lal Amatya from District Chamber of Commerce and Industry, and Ram Shah<strong>, </strong>the director of the Bhagya Laxmi Automobiles.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">“We are committed to provide high quality services to our customers. In addition, we are grateful for the trust that Nepali consumers have put in us,” the statement quoted General Manager Adhir Kumar Shrestha as saying. The head of Sales Network, Bipul Bhattarai reportedly said that the newly opened showroom will provide all necessary services to the customers outside the Kathmandu Valley.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Renault's most popular models Kwid, Triber, Kiger and Duster are available in the new showroom. Customers can also get spare parts, accessories and other services at the showroom.</span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-12-15', 'modified' => '2021-12-15', 'keywords' => '', 'description' => '', 'sortorder' => '14227', 'image' => 'Renault.jfif', 'article_date' => '2021-12-15 16:39:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '14476', 'article_category_id' => '236', 'title' => 'Paramount Motors Launch MG Hector in Nepal', 'sub_title' => 'Pricing Starts at Rs 5.99 Million', 'summary' => 'December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 14: Paramount Motors Private Limited, the sole authorized distributor of MG Motors in Nepal, has officially launched the new Hector. The new model of MG Motors was launched recently at the company’s showroom in Naxal showroom amid a press conference. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Following the launch, Paramount Motors unveiled the price of the new model and announced the commencement of vehicle delivery to the customers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the company, Hector MT and CVT have been competitively priced at Rs 5.99 million and Rs 6.49 million respectively. The company claimed that the two variants are in high demand in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Issuing a statement on December 9, Paramount Motors said that the new Hector has been designed by taking into consideration the safety and functionality. The new Hector, made in India variant is said to suit the roads and traffic of Nepal and will be available for purchase through the company’s dealerships across the nation.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Under its corporate social responsibility, Paramount Motors handed over Rs 1 million to help Zonta Club of Kathmandu organize awareness campaign on issues related to domestic violence, work/public harassment and child marriage. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><img alt="" src="/app/webroot/userfiles/images/Hectorr.jpg" style="height:214px; width:800px" /></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-12-14', 'modified' => '2021-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '14221', 'image' => '20211214070043_Hector.jpg', 'article_date' => '2021-12-14 18:58:58', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '13814', 'article_category_id' => '236', 'title' => 'Chinese Automobile Brand Cherry Enters Nepali Market Officially', 'sub_title' => '', 'summary' => 'August 13: Chinese automobile brand Cherry has officially entered the Nepali market.', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">August 13: Chinese automobile brand Cherry has officially entered the Nepali market.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The company signed an agreement with SPG Automobiles as its official distributor at a virtual signing event held on August 12.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Cherry has been China's largest passenger vehicle exporter since 2003. The company believes that the entry of this brand in Nepal will have a positive impact on the Nepal’s automobile industry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">Chairman of Cherry International, HE Xiaoqing, said that the cooperation between the two sides would help in the development of the Nepali automobile sector. Following Nepal's long-term trade strategy, Cherry plans to create a competitive environment through new products and address market demand, as per the chairman.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-08-13', 'modified' => '2021-08-13', 'keywords' => '', 'description' => '', 'sortorder' => '13559', 'image' => '20210813023150_chery.jpg', 'article_date' => '2021-08-13 14:30:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
