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Global AI Bootcamp Kathmandu.

Global AI Bootcamp Kathmandu 2025: Free AI Learning Event

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25th March 2025, Kathmandu

The Global AI Bootcamp Kathmandu 2025 will feature Er. Thomas Basyal as keynote speaker. The event runs Sunday, 6th April at Embark College, Pulchowk.

Global AI Bootcamp Kathmandu 2025

Basyal serves as Machine Learning Engineer at NICRF. He will present two technical sessions. The first covers computer vision for Nepali license plate recognition. The second explores Retrieval-Augmented Generation (RAG) model applications.

The bootcamp offers free admission. It targets AI professionals, researchers, and tech entrepreneurs. Attendees will gain practical AI knowledge while networking with peers.

Organizers designed the event for Nepal’s growing tech community. It forms part of the worldwide Global AI Bootcamp initiative. The Kathmandu edition focuses on local AI applications.

Basyal’s license plate recognition session addresses Nepal-specific challenges. His RAG model talk will demonstrate enhanced AI generation techniques. Both sessions emphasize real-world implementation.

The event runs from 10:30 AM to 4:30 PM. Embark College in Pulchowk will host the in-person gathering. Registration remains open through the event website.

AI engineers, software developers, and students should attend. The bootcamp provides learning opportunities for all skill levels. Participants will discover Nepal’s AI advancements.

The organizer team encourages local tech collaboration. They aim to strengthen Nepal’s AI ecosystem through knowledge sharing. The event supports both academic and industry professionals.

Attendees will access cutting-edge AI content. The bootcamp format combines lectures with networking sessions. Participants can discuss projects with like-minded professionals.

Nepal’s tech community continues expanding rapidly. Events like this accelerate professional development. The bootcamp represents a key opportunity for skill growth.

Interested parties should register promptly. Limited spaces remain available. The registration link appears on the official event page.

The Global AI Bootcamp series occurs worldwide. Kathmandu’s version highlights local AI achievements. It demonstrates Nepal’s growing tech capabilities.

Computer vision and NLP applications dominate Nepal’s AI landscape. The bootcamp will showcase these developing fields. Attendees will gain practical implementation insights.

The event requires no attendance fee. Organizers want to make AI education accessible. They encourage widespread participation from Nepal’s tech sector.

Basyal’s expertise comes from NICRF research work. His presentations will reflect practical Nepal-based applications. The content will appeal to both beginners and experts.

Pulchowk’s central location ensures easy access. The venue offers modern facilities for technical presentations. Attendees should arrive early for the best seating.

The bootcamp schedule includes Q&A sessions. Participants can engage directly with presenters. Networking breaks will facilitate professional connections.

Nepal’s AI adoption keeps increasing across industries. Events like this support continued growth. The bootcamp helps bridge knowledge gaps.

Registration remains simple. Interested individuals should visit the event website. Early registration ensures guaranteed participation.

The Global AI Bootcamp tradition continues in Kathmandu. This edition promises valuable learning experiences. It represents another step in Nepal’s tech advancement.

AI professionals should mark their calendars. The April 6th event offers unique insights. Don’t miss this opportunity for professional development.

For further details, visit the official registration page. The organizing team welcomes all interested participants. Join Nepal’s premier AI learning event.

For more: Global AI Bootcamp Kathmandu 2025

Nabil Bank CEO Gyanendra

Nabil Bank CEO Gyanendra Dhungana Resigns Amid NRB Governor Race

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25th March 2025, Kathmandu

Gyanendra Dhungana, the CEO of Nabil Bank, has resigned from his position. The resignation comes as Dhungana has entered the competition for the position of Nepal Rastra Bank (NRB) Governor.

Nabil Bank CEO Gyanendra Resigns

Sources indicate that Dhungana’s decision was driven by his desire to join the race for the country’s top banking role.

Internal Discussions on New CEO Appointment

After Dhungana’s resignation, Nabil Bank’s board started discussing the appointment of a new CEO. This conversation had been underway for some time, particularly after Dhungana began showing interest in the NRB Governor position. The board had been anticipating this shift, given Dhungana’s involvement in the governor’s race.

Reports suggest that Sujit Shakya, the Senior Deputy CEO, is likely to take over as the new CEO. The board had earlier promoted Manoj Jhawali to Senior Deputy CEO when Dhungana first showed interest in becoming the NRB Governor. Despite this, discussions are still ongoing regarding Bhupendra Pandey, who is currently a Deputy CEO at the bank. There is no final decision yet on who will assume the top role at Nabil Bank.

Dhungana’s Strategic Move for NRB Governor

Dhungana’s resignation has sparked speculation about his candidacy for the NRB Governor position. It is believed that he resigned from his CEO position because government regulations do not allow sitting CEOs to be appointed as Governor. This step is seen as Dhungana positioning himself to be a serious contender for the NRB’s top position.

Sources close to Dhungana suggest that his resignation had been planned for some time, as he had been preparing for the NRB Governor’s race. His name has emerged as a strong candidate alongside other high-profile figures who are also vying for the Governor’s position.

Political Lobbying and Growing Competition

Dhungana, who had been preparing to compete for the NRB Governor position for over a year, began political lobbying in 2022. His intentions were confirmed in August 2023 when it was revealed that he was actively working on securing the position. Since then, he has been widely considered one of the potential candidates for NRB Governor.

However, Dhungana is not alone in his pursuit of the position. Many other candidates have entered the race, including CEOs from other banks and people with experience in regulatory bodies. These individuals are also participating in political lobbying efforts to increase their chances of being selected.

Pressure to Resign

Dhungana had previously stated that he would not resign until his name was officially recommended by the NRB Governor’s selection committee. However, circumstances have changed, and pressure has increased from higher authorities for him to resign before any official recommendations are made. As a result, Dhungana, who had been on leave since last week, is now under pressure to make his resignation official.

Nabil Bank’s Chairman, Upendra Paudel, confirmed that Dhungana is still on leave. However, he has not yet formally resigned. Dhungana has mentioned that he will decide on his resignation in the coming days.

A Competitive Race for the NRB Governor Position

With Dhungana joining the race for NRB Governor, he now competes with many other prominent candidates. At least two dozen individuals have expressed interest in the role, including other bank CEOs and experienced figures from financial oversight institutions. Each of these candidates is working to gain political support, making the selection process even more competitive.

The race for the NRB Governor position is heating up, with significant lobbying efforts underway from all sides. The final decision on who will lead Nepal’s central bank remains to be seen.

For more: Nabil Bank CEO Gyanendra Resigns

Hyundai Creta EV Nepal

Hyundai Creta EV Nepal Launch: Electric SUV, Price, Range, Specifications

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25th March 2025, Kathmandu

Hyundai Nepal has introduced two new models: the Creta EV and the Made-in-Nepal Creta ICE. The launch event took place on March 25, 2025, at the Solti Hotel in Kathmandu. This move is part of the company’s effort to cater to both electric and traditional vehicle markets in Nepal.

Hyundai Creta EV Nepal Launch

The event, organized under the theme “Choose Your Future,” was attended by key figures, including the South Korean Ambassador to Nepal, Park Tae-young. Hyundai aims to provide sustainable and innovative solutions for the Nepalese automotive sector. The two models – the Creta EV and Creta ICE – reflect Hyundai’s commitment to meeting diverse customer needs.

Two Models for Different Needs

Hyundai has launched both the Creta EV and the Creta ICE to serve different segments of the market. The Creta EV provides a sustainable alternative to traditional vehicles, catering to consumers seeking an eco-friendly option. Meanwhile, the Creta ICE, assembled locally in Nepal, ensures that the company can offer an affordable, high-performance vehicle to those preferring internal combustion engine models.

Both vehicles are designed to meet the needs of modern customers, with advanced technology, superior performance, and appealing designs. Hyundai is positioning the Creta EV as Nepal’s first electric SUV, aiming to lead the green vehicle market.

Affordable Pricing and Multiple Variants

The Creta EV comes with two battery options: one with a 42 kWh battery offering a 390 km range, and another with a 51.4 kWh battery providing a 473 km range. The Creta EV is available in four variants:

Executive Variant – NPR 5,196,000

Smart Variant – NPR 5,496,000

Smart O Variant – NPR 5,696,000

Premium Plus Variant – NPR 5,996,000

The Creta ICE (Made-in-Nepal) starts at NPR 5,396,000, making it a competitive option for those preferring traditional vehicles. The Creta EV offers several advanced features, including fast-charging capabilities and top-tier safety measures, ensuring a premium experience for customers.

Key Features of the Creta EV

The Creta EV stands out for its performance and technology. Some of its key features include:

200 mm ground clearance, offering excellent off-road capability for light terrain.

11 kW AC charging, allowing full charging in just 4 hours using a wall-mounted charger.

6 airbags and a 360-degree camera for enhanced safety.

Advanced Driver Assistance Systems (ADAS) and Hill Descent Control to improve the driving experience.

Sustainable design focuses on energy efficiency and eco-friendly practices.

Hyundai is also offering 8 years of battery warranty for the Creta EV and 3 years of vehicle warranty for the Creta ICE.

Stylish Design and Comfort

Both models boast modern designs, ensuring style and functionality. The Creta EV features LED headlamps, LED DRLs, and a panoramic sunroof. Inside, the car offers a 10.25-inch infotainment screen, a Bose premium sound system, and wireless charging. Comfort is further enhanced with a regenerative braking system and smart key technology.

Sustainability and Green Energy

Hyundai’s commitment to sustainability is evident in the Creta EV. The company has designed the vehicle with green energy initiatives, rainwater harvesting, and waste management systems. These features align with Hyundai’s goal to reduce the environmental impact in Nepal.

A Strong Presence in Nepal

Hyundai has been present in the Nepalese market since 2015. The Creta has become one of the company’s most popular models due to its impressive design, high resale value, and outstanding after-sales service. Hyundai’s new Creta EV model is expected to expand its customer base and strengthen its position in Nepal’s automotive market.

Looking Toward the Future

Hyundai’s launch of the Creta EV marks a major step forward in Nepal’s electric vehicle market. With both electric and traditional vehicle options, Hyundai aims to meet the changing demands of Nepali consumers. The Creta EV is expected to become a top choice for environmentally-conscious buyers, while the Creta ICE continues to serve those preferring traditional vehicles.

This launch not only brings advanced technology and sustainability to the Nepali market but also offers an affordable and innovative solution to everyday transportation.

For more: Hyundai Creta EV Nepal Launch

Nepal 3PL Warehouses

Nepal 3PL Warehouse: Upaya’s Kavrepalanchok Project, Logistics Infrastructure Development

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25th March 2025, Kathmandu

Upaya, a leader in technology-driven logistics, has revealed plans to construct Nepal’s first large-scale third-party logistics (3PL) warehouse in Sanga, Kavrepalanchok.

Nepal 3PL Warehouse

The Upaya Warehousing project marks a significant advancement in Nepal’s logistics infrastructure. The new warehouse will focus on providing advanced technology and sustainable design to fill key gaps in Nepal’s logistics sector.

Project Overview

The warehouse will cover 18 ropanis (100,000 sq ft) of land. It will be strategically located near the Arniko Highway and Nepal Police School. The facility will include 45,000 sq ft of built-up space with a total storage capacity of over 100,000 sq ft.

The warehouse will use a Grade-A Pre-Engineered Steel Structure (PEB), making it seismic-resistant. It will feature High-Density Racking (HDR) and multi-tier shelving for better storage management. The warehouse will also offer Built-to-Suit (BTS) facilities for anchor clients across various sectors. These include FMCG, FMCD, e-commerce, retail chains, electronics, and auto parts industries.

Sustainability will be a priority in the facility’s design. Green energy, rainwater harvesting, and waste management systems will be incorporated into the infrastructure. Corescape Design LLP, a well-known design firm from India, is responsible for the warehouse’s planning and design.

Financial Details and Investment

The total cost of the project is estimated at NPR 1.2 billion. NPR 950 million has been secured through consortium debt financing. Citizens Bank International and Machhapuchchhre Bank are leading this financing. In addition, Dolma Impact Fund II and other investors are contributing equity to the project.

Ganesh Pokharel, CEO of Citizens Bank International, highlighted the project’s significance:
“This warehouse is a milestone for infrastructure development in Nepal. It will unlock new economic potential for the country.”

Impact on Nepal’s Logistics Industry

Currently, Nepal’s logistics costs account for 20% of the GDP, primarily due to inefficiencies. Upaya’s 3PL model aims to reduce these costs by providing end-to-end solutions. These solutions will include storage, inventory management, invoicing, and transportation services. The new warehouse will help businesses by offering a scalable solution for their logistics needs.

Ranjeev Shrestha, Co-founder of Upaya, emphasized:

“We plan to replicate this model across the country. Our goal is to drive efficiency and modernization in Nepal’s logistics sector through technology and improved infrastructure.”

Industry Support and Future Expansion

The project has received strong support from industry leaders. Santosh Koirala, CEO of Machhapuchchhre Bank, praised the initiative:
“Innovative projects like this are crucial for Nepal’s economic growth. Such developments create opportunities in sectors with limited investible projects.”

The construction of Upaya Warehousing will begin in April 2025. The facility is expected to be completed by the end of 2026. After that, Upaya plans to expand its warehousing network to other major cities in Nepal. This expansion will enhance the country’s logistics and supply chain capabilities.

The launch event for the project saw participation from Dolma Impact Fund, Pragati Infra Solutions (India), logistics experts, financial institutions, and potential clients. This strong industry support indicates that the project will be a key driver of change in Nepal’s logistics sector.

For more: Nepal 3PL Warehouse

Koshi Province SME Loan

Koshi Province SME Loan Guarantee Funds: Udaya Project Launch, Nepal Business Growth

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25th March 2025, Kathmandu

On Monday, the Koshi Province Government launched two new funds to support small and medium enterprises (SMEs): the Udaya Guarantee Fund and the Udaya Challenge Fund. These funds will provide loan guarantees, making it easier for SMEs to access financing.

Koshi Province SME Loan Guarantee Funds

The initiative aims to foster the growth of local businesses by addressing their financial challenges, enabling them to expand and contribute to the province’s economic development. This move is a significant step toward supporting entrepreneurship in the region.

Key Leaders Inaugurate Funds

Minister for Industry, Commerce, and Supplies Damodar Bhandari, Koshi Province Economic Affairs Minister Ram Bahadur Magar, and Swiss Ambassador Danielle Meuwly attended the launch event in Kathmandu.

SMEs Critical for the Economy

Minister Bhandari stressed the importance of SMEs for Nepal’s economy. He said many SMEs struggle due to a lack of collateral. “This initiative will help them secure loans and grow,” he added.

Minister Magar called the funds a major step forward. “They will create jobs and attract investment to Koshi Province,” he said.

Swiss Support for Sustainable Growth

Ambassador Meuwly praised the province’s efforts. She said Switzerland has long supported Nepal’s development. “These funds will help shift Nepal from aid-based to trade-based growth,” she explained.

How the Funds Work

The Provincial Credit Guarantee Fund has a budget of NPR 600 million.

The Koshi Province Government and Swiss Development Cooperation each fund 50%.

Banks will receive partial guarantees, reducing risks when lending to SMEs.

Over 3,000 SMEs could benefit.

Part of the Udaya Project

The funds fall under the Udaya Project, a Nepal-Swiss partnership started in November 2023. The project runs until 2027 and focuses on:

Business training for SMEs.

Financial and technical support.

Reducing risks for lenders.

A digital portal for SME resources.

The total budget is NPR 1.149 billion, with 62% from Switzerland and 38% from Koshi Province.

A Model for Nepal

Ramesh Ghimire, CEO of the Deposit and Credit Guarantee Fund, said this approach could expand nationwide. “It makes SME lending safer for banks,” he noted.

Expected Benefits

The funds aim to:

Increase SME access to loans.

Boost business growth and innovation.

Strengthen Koshi Province’s economy.

This initiative marks a major effort to empower SMEs, create jobs, and drive sustainable economic growth in Nepal.

For more: Koshi Province SME Loan Guarantee Funds

Nepal NEA Chief Kulman

Nepal NEA Chief Kulman Ghising Fired: Load Shedding Fears Rise, Public Outrage

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25th March 2025, Kathmandu

The government has removed Kulman Ghising, the Managing Director of Nepal Electricity Authority (NEA). The Cabinet meeting on Monday made the decision, to appoint Hitendra Dev Shakya as his replacement.

Nepal NEA Chief Kulman Ghising Fired

Ghising, credited with ending Nepal’s chronic power shortages, was dismissed while working in a remote Chepang village in Makwanpur. At the time, he was leading a project to bring electricity to homes in Khairang, a place where many had never had power before.

Controversial Decision Triggers Public Outrage

The sudden dismissal has sparked widespread criticism. Many believe the move is politically motivated, as Ghising is highly respected for his role in eliminating Nepal’s infamous 18-hour daily load-shedding. Under his leadership, electricity supply improved significantly, making power shortages a thing of the past.

Energy Minister Deepak Khadka played a key role in pushing for his removal. Khadka had previously downplayed Ghising’s contributions, stating that electricity imports from India, rather than internal reforms, ended the power crisis.

Ghising’s Final Contribution – Bringing Light to Khairang

Even on the day of his dismissal, Ghising remained focused on his mission. He was in Khairang, Makwanpur, where he switched on the first electricity meter for a 70-year-old resident, Tulkumari Chepang. Three other families also received electricity for the first time that day.

As part of the initiative, the NEA provided 303 free meters to poor families in Raksirang Rural Municipality. The local government honored Ghising for his dedication, and he promised to replace old poles and upgrade transmission lines to ensure better service in the area.

Political Motives Behind the Removal?

Many believe Ghising’s removal is driven by political interests rather than performance issues. His leadership at NEA transformed Nepal’s power sector, bringing stability and reducing dependency on imports. Critics argue that replacing such an experienced and result-oriented leader could put Nepal’s energy security at risk.

Minister Khadka had recently warned of possible power cuts, raising concerns that load-shedding might return under the new leadership. With Ghising gone, uncertainty looms over Nepal’s energy future.

Ghising’s Farewell Message

Before departing, Ghising addressed the villagers of Khairang. He stated, “A lamp’s light fades, but education and development must shine forever.” His last contribution—bringing electricity to a neglected rural community—symbolized his commitment to Nepal’s progress.

Now, many question the government’s decision to remove a leader who played a pivotal role in modernizing the country’s energy sector. With concerns over future power stability, public discontent continues to grow, pressuring the government to justify its decision.

For more: Nepal NEA Chief Kulman Ghising Fired

Kumari Bank Visa Card

Kumari Bank Visa Card Winners: Digital Payments Dashain Campaign Nepal

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25th March 2025, Kathmandu

Gokul Thapa, a Kumari Bank customer, secured the top spot in the Visa Dashain Campaign 2024. Visa organized this initiative to promote digital payments. Another Kumari Bank cardholder, Kshitiz Bhattarai, also won under the same campaign.

Kumari Bank Visa Card Winners

The campaign targeted Visa cardholders across Nepal. It rewarded the top 25 users with the highest transaction volumes. Winners received round-trip flight tickets for two to an international destination.

Kumari Bank Drives Digital Payment Adoption

Kumari Bank, with over 23 years of service, actively promotes cashless transactions. The bank offers incentives and advanced technology to support digital payments. As a result, its customers frequently participate in such campaigns.

Gokul Thapa’s extensive use of his Kumari Bank Visa Card earned him first place. Similarly, Kshitiz Bhattarai’s transactions secured him a winning position. Both customers demonstrated a strong commitment to digital payments.

Visa’s Push for Cashless Transactions

Visa launched a campaign to reduce cash dependency in Nepal. It aimed to boost digital transactions and ensure secure payments. Partnering with member banks, Visa encouraged users to shift to electronic payments.

The campaign successfully increased digital transaction rates. By rewarding top users, Visa motivated more Nepalese consumers to adopt cashless methods.

Nepal’s Growing Digital Payment Landscape

Nepal is rapidly embracing digital payments. Initiatives like Visa’s campaign accelerate this shift. Banks like Kumari Bank continue to invest in modern payment technologies.

The success of Thapa and Bhattarai highlights the rising trend of digital banking. More consumers now prefer Visa cards for secure and convenient transactions.

Looking Ahead

Financial institutions plan to introduce more innovative campaigns. These efforts will further promote cashless transactions in Nepal. As digital payments grow, consumers can expect faster, safer, and more efficient banking solutions.

Kumari Bank remains dedicated to driving digital transformation in Nepal. Its customers’ success in the Visa campaign highlights the bank’s commitment to promoting cashless transactions, enhancing financial technology, and ensuring secure, seamless, and innovative digital banking solutions for the future.

For more: Kumari Bank Visa Card Winners

Narad Luintel Appointed NEPSE

Narad Luintel Appointed NEPSE CEO: Nepal Stock Exchange Leadership Change

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25th March 2025, Kathmandu

Narad Luintel is the new Chief Executive Officer (CEO) of the Nepal Stock Exchange (NEPSE). The Cabinet meeting on Monday evening made the official decision.

Narad Luintel Appointed NEPSE CEO

Luintel has a strong background in business and tourism. He previously served as Member Secretary of the Taragaon Development Committee. His leadership experience extends to various sectors, including academia and tourism management.

Selection Process

The process for selecting a new NEPSE CEO started with an open application. The recommendation committee invited applications from February 24 to March 9. A total of 10 candidates submitted their applications.

After reviewing qualifications, the committee shortlisted five candidates. These included Chudamani Chapagain, Narad Kumar Luintel, Purna Prasad Acharya, Badri Prasad Pyakurel, and Hemant Basyal. The selected candidates attended a presentation and interview at the Ministry of Finance on March 19.

Each candidate presented a professional work plan. Based on the evaluation, three finalists were recommended for the CEO position. Among them, Luintel received the highest marks and was officially appointed.

Luintel’s Background and Experience

Luintel, 45, is from Hariwan, Sarlahi. He holds a Master’s degree in Commerce from Tribhuvan University. His career includes key leadership roles in Nepal’s tourism and business sectors.

From 2015 to 2019, Luintel led the Taragaon Development Committee as Chairman. Later, he was reappointed as Member Secretary under Minister Prem Ale’s administration.

Luintel also worked as the Executive Director of the Nepal Academy of Tourism and Hotel Management (NATHM). However, he resigned after serving for about seven months when Sudan Kirati was the Minister of Tourism.

Besides his leadership roles, Luintel has been involved in teaching and tourism business for many years. His expertise in financial management, stock markets, and economic policies makes him a strong choice for leading NEPSE.

Expectations as NEPSE CEO

Luintel’s appointment brings new hope for Nepal’s stock market. NEPSE plays a vital role in the country’s financial sector, and strong leadership is essential for growth.

His experience in tourism and business will help shape new policies. Experts expect his leadership to focus on modernization, investor confidence, and better market regulation.

The stock market is facing many challenges, including market volatility, policy reforms, and investor participation. Luintel’s leadership will be crucial in handling these issues effectively.

With his knowledge and experience, Luintel is expected to introduce new strategies. These may include digital transformation, increased foreign investment, and improved financial transparency.

Conclusion

The appointment of Narad Luintel as NEPSE CEO is a major decision. His business expertise and leadership experience make him well-suited for the role.

NEPSE investors and stakeholders will now watch how he implements reforms. His tenure will play a key role in shaping Nepal’s financial market and economic growth.

For more: Narad Luintel Appointed NEPSE CEO

Riddara EV Pickup Launched

Riddara EV Pickup Launched in Nepal: 424km Range & 7 Driving Modes

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25th March 2025, Kathmandu

CG Motors, the authorized distributor of Riddara in Nepal, proudly announces the official launch of Riddara – Nepal’s First 100% Pure EV Platform Pickup, taking place today at Hattiban Resort, Pharping, Dakshinkali. Marking a historic milestone in Nepal’s journey toward sustainable mobility, Riddara introduces a bold new era in the electric vehicle segment.

Riddara EV Pickup Launched in Nepal

Engineered for excellence, Riddara sets a new industry benchmark with its best-in-class range of 424 km and a powerful 73kWh battery capacity, combining performance, practicality, and eco-conscious innovation.

Designed for Nepal’s dynamic terrain, Riddara comes equipped with 7 segment-first driving modes – Sand, Mud, Off-road, Wading, Economy, Comfort, and Sport – ensuring optimal control and adaptability across all road conditions. For added safety and driving confidence, it also features an advanced 540-degree surround view camera, offering complete situational awareness.

To elevate the launch experience, Geely Riddara is hosting a 4WD Experience Adventure Drive, where participants will get a first-hand feel of the vehicle’s strength, stability, and capability across rugged terrains.

To ensure a seamless experience for attendees, complimentary shuttle services are operating every hour from Panipokhari Riddara Showroom and Thapathali Showroom, starting from 11:00 AM onwards. The main launch event commences at 1:00 PM, and all participants are encouraged to make use of the shuttle facility for convenience.

Riddara is now available at an introductory price of NPR 79.99 Lakhs, offering exceptional value in its segment with top-tier features and sustainable engineering.

The launch of Riddara is not only a significant leap in Nepal’s EV landscape but also a testament to global excellence. The vehicle has earned recognition as the No.1 EV Pickup in China, while its parent company, Geely Auto Group, is ranked among the top 10 largest automobile manufacturers in China. With this launch, CG Motors reaffirms its commitment to driving innovation and sustainability in Nepal’s automotive sector.

For more: Riddara EV Pickup Launched in Nepal

Citizens Bank Nepal Hotel

Citizens Bank Nepal: Hotel Discounts, Card Offers & Digital Banking

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25th March 2025, Kathmandu

In a strategic move to enhance customer benefits, Citizens Bank International Limited has entered into an exciting partnership with The Malla Hotel. The newly signed agreement will provide special privileges to the bank’s valued customers, further strengthening digital payment adoption in Nepal.

Citizens Bank Nepal Hotel Discounts

Under this collaboration, all Citizens Bank cardholders, Privilege Card members, and mobile banking users will enjoy an attractive 15% discount on services at The Malla Hotel. This initiative not only rewards loyal customers but also aligns with the bank’s vision to promote cashless transactions. “We’re committed to creating meaningful benefits for our customers while encouraging digital financial solutions,” stated a bank representative.

Digital Banking Advancements

This partnership comes as part of Citizens Bank’s ongoing efforts to expand its digital banking ecosystem. The bank has consistently introduced innovative services to simplify financial transactions for its growing customer base. Details about the discount program and other ongoing offers are available on the bank’s official website and mobile banking application.

The timing of this announcement follows Citizens Bank’s recent recognition as “Bank of the Year 2024,” a prestigious international banking award. This accolade highlights the institution’s commitment to excellence and innovation in Nepal’s financial sector.

Pioneering Digital Solutions

Demonstrating its leadership in digital banking, Citizens Bank recently launched two groundbreaking services:

The “Citizens Fonepay Credit Card” – Nepal’s first virtual credit card developed in partnership with Fonepay

A revolutionary feature enabling share applications and CRN number generation directly through its mobile banking app

These innovations position Citizens Bank at the forefront of Nepal’s digital banking transformation, offering unparalleled convenience to tech-savvy customers.

Expansive Banking Network

With one of the most extensive banking networks in Nepal, Citizens Bank serves customers through:

200 branches covering all 77 districts

167 ATMs nationwide

3 extended service counters

74 branchless banking units

This widespread infrastructure supports the bank’s mission to provide accessible financial services to over 1.85 million customers across the country.

Commitment to Customer-Centric Services

The partnership with The Malla Hotel reflects Citizens Bank’s customer-first approach. By combining financial services with lifestyle benefits, the bank continues to redefine the banking experience in Nepal.

Industry analysts note that such collaborations between financial institutions and hospitality providers create win-win situations – businesses gain loyal customers while consumers enjoy tangible benefits.

As digital transactions gain momentum in Nepal, Citizens Bank remains committed to introducing more customer-friendly initiatives. The bank encourages all customers to explore its growing range of digital services and take advantage of special offers like the Malla Hotel discount program.

For complete details about the discount terms and other banking services, customers can visit any Citizens Bank branch or access information through the bank’s digital platforms.

For more: Citizens Bank Nepal Hotel Discounts

Everest Bank 3000 in Nepal

Everest Bank Empowers 3,000+ in Nepal with Financial Literacy

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25th March 2025, Kathmandu

Everest Bank Limited (EBL), in collaboration with Nepal Rastra Bank (NRB), successfully conducted a nationwide financial literacy campaign as part of Global Money Week (GMW) 2025.

Everest Bank 3000+ in Nepal

The week-long initiative, held from Chaitra 4, 2081 BS, aimed at enhancing financial awareness among students and youth, ensuring they develop essential money management skills for a secure financial future.

Global Money Week 2025: Raising Financial Awareness

Global Money Week (GMW) is an annual worldwide campaign that promotes financial literacy and responsible money habits among young individuals. Under this year’s theme—“Think Before You Decide, Build a Smart Financial Future”—Everest Bank educated students on the importance of informed financial decision-making and smart financial planning.

Key Highlights of Everest Bank’s Financial Literacy Campaign

✔ Over 3,000 students from schools and colleges across all seven provinces participated in financial literacy programs.

✔ Comprehensive sessions covered banking services, financial inclusion, digital transactions, financial attitudes, and cybersecurity awareness.

✔ Hands-on banking experience: Selected participants toured Everest Bank branches, providing them with firsthand exposure to banking operations.

✔ The campaign emphasized secure digital transactions, educating students on safe mobile and internet banking practices.

Everest Bank’s Role in Financial Inclusion & Digital Banking

As a leading financial institution in Nepal, Everest Bank Limited (EBL) has consistently contributed to financial inclusion through accessible banking services and digital transformation. The bank operates with:

✔ 1.4 million+ customers across Nepal.

✔ 131 branches, 4 extension counters, and 7 regional offices ensuring widespread accessibility.

✔ 167 ATMs supporting convenient cash withdrawals and banking services.

✔ Advanced digital banking solutions, including Mobile Banking, Internet Banking, and SMS Banking.

✔ 32 revenue collection centers dedicated to collecting payments for the Government of Nepal.

✔ International presence with a representative office in New Delhi, India, and other countries.

Future Plans: Expanding Financial Literacy in Nepal

Recognizing the growing importance of financial education, Everest Bank has reaffirmed its commitment to financial literacy. The bank plans to:

Expand outreach programs to more schools and colleges across Nepal.

Introduce new digital learning initiatives to educate youth about modern banking services and financial security.

Promote responsible financial behavior to help young individuals make informed investment and spending decisions.

About Everest Bank Limited (EBL)

Established as a joint venture with Punjab National Bank (India), Everest Bank Limited is one of Nepal’s most trusted banking institutions. The bank provides a wide range of retail, corporate, and digital banking services, driving financial inclusion and digital transformation in Nepal.

Join Everest Bank’s Financial Literacy Movement!

Everest Bank remains committed to empowering Nepali youth through education, financial awareness, and innovative banking solutions. Stay tuned for more financial literacy initiatives aimed at building a financially smart and secure Nepal.

For more: Everest Bank 3000+ in Nepal

ChangAnEV Brand in Europe

ChangAn Launches EV Brands in Europe: Intelligent Mobility

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25th March 2025, Kathmandu

ChangAn Automobile an intelligent low-carbon mobility technology company, officially launched its three major brands, CHANG-AN, DEEPAL, and AVATR, in Europe at its brand launch event, themed “Sharing the Future,” in Germany. This milestone marks a new phase in ChangAn’s “Vast Ocean Plan”, reinforcing its commitment to technological innovation and sustainability.

ChangAnEV Brands in Europe

With a fully integrated European ecosystem spanning research, production, supply chain, sales, and operations, ChangAn is deepening its connection with European consumers by investing in local talent, collaborating with regional partners, and driving the future of intelligent and sustainable mobility.

At the event, ChangAn showcased the DEEPAL S07, marking its European debut, alongside the CHANG-AN E07, and DEEPAL S05, with their market launches planned for a later stage. Highlighting cutting-edge technologies in intelligence and electrification, ChangAn is meeting European demand for high-performance electric vehicles.

ChangAn’s technological innovation is recognized globally, driven by a global collaborative R&D system spanning six countries and ten locations. It boasts over 18,000 R&D personnel from 31 countries and regions, with 16 technology research and product development centers, 17 technology companies, and 180 laboratories (including national-level laboratories), positioning it as a key player in the European EV market.

As part of its European launch, ChangAn is adopting a structured market entry strategy, initially focusing on key EV markets such as Norway, Denmark, Germany, the Netherlands, and the UK. By 2028, the company plans to establish a presence across all major European markets. The European Headquarters, located in the Netherlands, will serve as the central hub for business operations. Sales company headquarters has been set up in Munich, Germany. With around 500 professionals currently employed across Europe, including experienced designers and engineers from Italy and the UK, the Company is committed to expanding its local talent pool to drive innovation and deepen market engagement.

“It is great to be here in Germany,” stated Zhu Huarong, Chairman of ChangAn Automobile. “ChangAn is an open and collaborative company driven by a clear mission: to lead sustainable mobility and benefit human life.”

“This year, we aim to achieve three million units in global sales, and one million will be electrified vehicles. By 2030, we aim to deliver five million vehicles a year, with three million being electrified. Together, we’re driving innovation for a better future.” Zhu continued.

ChangAn Automobile is accelerating its globalization, with technology-driven innovation, intelligent manufacturing, and sustainable development at its core, and is committed to building a world-class auto brand. This European brand launch marks a significant step in ChangAn’s global presence and signals the next stage of its global vision.

About ChangAn Automobile

ChangAn Automobile is an intelligent low-carbon mobility technology company with an international design team of over 915 experts from 31 countries, diverse brands such as CHANG-AN, DEEPAL, AVATR, and joint ventures ChangAn Ford, ChangAn Mazda, and JMC. ChangAn has a strong product breadth and diversity that includes passenger vehicles, pick-ups, and light commercial vehicles. With stronger capabilities and industrial upgrading driven by technology innovation, ChangAn Automobile is committed to sustainable mobility innovation on the road to becoming a world-class auto brand.

For more: ChangAnEV Brands in Europe

Shanker Group Blade A Series

Shanker Group Launches Blade A & Nubia Series with 5 New Models in Nepal

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25th March 2025, Kathmandu

ZTE Corporation, a global leading provider of integrated information and communication technology solutions, makes a grand comeback in Nepal with the launch of 5 feature-packed smartphone models from its Blade A and Nubia series.

Shanker Group Blade A & Nubia Series

These models offer a blend of innovation, performance, and affordability. In partnership with its new national distributor, Shanker Group, ZTE aims to cater to the evolving needs of Nepali customers through the Blade A and Nubia series.

Leading the lineup, the ZTE Blade A75 delivers style and performance with a 6.6-inch 90Hz display, a powerful octa-core processor, a 50MP AI camera, and a 5000mAh battery with 22.5W fast charging. With up to 256GB of storage and 14GB RAM, it ensures a smooth and efficient user experience. True to its tagline—‘Fashion in Palms, Smooth in Fingers’—the Blade A75 combines sleek design with seamless performance. It also features Live Island, which provides users with effortless and immediate access to notifications and shortcuts, ensuring they stay connected and productive without interrupting their current activities.

For everyday users, the ZTE Blade A35e offers a compact 6.52-inch HD display, an 8MP AI camera, and a 5000mAh battery for extended use. Powered by an octa-core 1.6GHz processor and up to 6GB RAM, it ensures efficient performance.

The ZTE Blade A55 enhances the experience with a similar 6.75-inch HD+ display but adds 128GB storage and a 13MP AI dual camera. Face and side fingerprint recognition ensures security, while Live Island provides interactive multitasking.

The ZTE Nubia V70 Max, built for durability and endurance, features a massive 6.9-inch 120Hz display, a robust design with up to 1.5m drop resistance, and a 6000mAh battery with AI power-saving. Equipped with a 50MP AI triple camera and AI-powered editing tools, it delivers superior photography capabilities.

Rounding off the lineup, the ZTE nubia V70 Design combines elegance and power with a 6.7-inch HD+ 120Hz display, a stylish Sky-Mirror Glass and leather-textured design, and a 50MP AI triple camera. With up to 16GB RAM and 128GB storage, along with DTS audio enhancement, it promises a premium smartphone experience.

Speaking on the reintroduction of ZTE in Nepal, Mr. Sabin Shrestha, CEO of ZTE Nepal, said, “ ZTE, a global leader in telecommunications and technology solutions, is partnering with Shanker Group to expand its presence and impact in Nepal. Shanker Group, with its extensive network, strong market presence, and deep-rooted expertise across various industries, provides the ideal platform for ZTE to strengthen its foothold in the country. This partnership leverages Shanker Group’s robust distribution channels, industry connections, and operational strength to accelerate the deployment of cutting-edge telecom solutions, ensuring enhanced connectivity and technological advancement in Nepal.”

Similarly, Mr. Saksham Jatia, Executive Director of Shanker Group, stated: “We are thrilled to bring ZTE back to Nepal, offering customers a range of quality, innovative smartphones that deliver performance. Our partnership with ZTE marks a new chapter in Nepal’s mobile industry, and we are committed to providing cutting-edge technology that enhances the digital experience of our customers. With the latest Blade A and Nubia series, we aim to set new benchmarks in innovation and quality, delivering an optimal price-performance ratio while ensuring an industry-best price range, making advanced technology more accessible to customers.”

With its global legacy in telecommunications, ZTE is now ready to reestablish its presence in Nepal, offering quality innovative smartphones at competitive price points. This relaunch marks a significant step in providing Nepali customers with advanced mobile technology tailored to their needs.

Prices and Storage:

Model Price Storage Color
ZTE Blade A75 Rs. 13,999/- 4+256GB Diamond Black and Mint Green
ZTE Blade A35e Rs. 10,499/- 2+64 GB Silvery Gray and Ice Green
ZTE Blade A55 Rs.11,999/-

Rs.12.999/-

 4+64 GB

4+128GB

 Stary Black and Water Blue
ZTE nubia V70 Max Rs.15,999/- 6+128 GB Lake Green and Galactic Gray
ZTE nubia V70 Design Rs.16,999/-

Rs.18,999/-

 8+128 GB

8+256GB

 Stone Gray and Jade Green

About ZTE

ZTE is a global leader in integrated information and communication technology solutions, dedicated to driving innovation and connectivity worldwide. With a presence in over 160 countries and regions, ZTE serves global telecom operators, government and enterprise customers, and customers, impacting the lives of more than one-quarter of the world’s population.

Committed to technological advancement, ZTE has consistently invested in research and development, with R&D personnel exceeding 36,000 and an annual R&D investment surpassing USD 16B for 9 consecutive years—representing 20.4% of its operating revenue. The company has filed over 93,000 global patent applications, with its accumulated Chinese patents earning 11 gold awards. The technological value of ZTE’s patents is estimated at USD 45B, underscoring its commitment to innovation and industry leadership.

About Shanker Group

Founded by Shanker Agarwal in 1979, Shanker is an emblem of a multidimensional enterprise, headquartered in Nepal, comprising multiple companies across various verticals.

The group operates in Nepal, with a mission to enrich people’s lives through an entrepreneurial ecosystem.

Jagdamba Holdings and Jagdamba Group are the principal investment holding companies and promoters of Shanker companies.

In 2020-21, the revenue of Shanker companies, taken together, was over $1 billion (NPR 11,000 Crore). These companies collectively employ over 15,000 people.

Each Shanker company or enterprise operates independently under the guidance and supervision of its own board of directors.

Companies include Jagdamba Steels, Jagdamba Motors, Shaurya Cement, Riddhi Siddhi Cement, Himalayan Re-Insurance, Union Life Insurance, Jagdamba Cement, Jagdamba Enterprises, Jagdamba Flour and Agro, Jagdamba Mobiles, Jagdamba AlcoBev, Jagdamba Overseas, Modikhola Hydro Power, Balefi Hydropower, Jagdamba Credit and Investment and many more.

For more: Shanker Group Blade A & Nubia Series

Nabil Bank 4000+ Youths

Nabil Bank Empowers 4,000+ Youth with Financial Literacy in Nepal

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25th March 2025, Kathmandu

Nabil Bank Limited, a leading financial institution in Nepal, has successfully concluded a nationwide financial literacy campaign celebrating Global Money Week 2025.

Nabil Bank 4000+ Youth

The initiative, held across all seven provinces, engaged over 4,000 students and young individuals and equipped them with essential financial knowledge and skills.

Global Money Week 2025: Promoting Financial Awareness

Held from March 17 to 23 under the theme “Think Before You Follow, Wise Money Tomorrow,” Global Money Week is an international campaign aimed at fostering financial literacy and encouraging responsible financial behavior among youth.

Nabil Bank took this opportunity to conduct interactive workshops, seminars, and awareness sessions, focusing on critical topics such as:

Savings & Budgeting

Smart Investments

Digital Financial Literacy

Cybersecurity in Banking

The bank’s initiative sought to discourage impulsive financial decisions influenced by social media trends and instead promote informed, long-term financial planning.

Province-Wise Impact of Nabil Bank’s Financial Literacy Program

Nabil Bank’s campaign reached a diverse audience across Nepal, with participation numbers as follows:

Province Number of Participants

Koshi Province 744

Madhesh Province 1,063

Bagmati Province 441

Gandaki Province 434

Lumbini Province 506

Karnali Province 405

Sudurpaschim Province 407

Nabil Bank’s Commitment to Financial Inclusion & Youth Empowerment

Beyond Global Money Week, Nabil Bank has been actively involved in:

Nabil SSE Program – Encouraging social entrepreneurship among youth.

Concessional Educational Loans – Supporting students in higher education.

Youth Entrepreneurship Loans – Providing financial backing for young business owners.

As part of its Corporate Social Responsibility (CSR), the bank continues to drive positive change in areas such as:

Entrepreneurship Development

Healthcare & Education

Disaster Risk Reduction

Climate Change Mitigation

Why Financial Literacy Matters in Nepal?

With increasing digital banking adoption, financial literacy is crucial to prevent fraud, encourage savings, and promote sustainable investments. Nabil Bank’s efforts align with Nepal’s national financial inclusion goals, ensuring that the next generation makes informed financial decisions.

Join the Movement for a Financially Smart Nepal!

Nabil Bank remains dedicated to empowering Nepali youth through education and accessible financial services. Stay tuned for more initiatives aimed at building a financially literate and economically resilient Nepal.

For more: Nabil Bank 4000+ Youth

Nepal E-Governance Blue Print

Nepal E-Governance Blue Print 2081: Key Recommendations For Nepal’s Digital Future

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24th March 2025, Kathmandu

The E-Governance Blueprint 2081 represents a transformative step toward modernizing Nepal’s governance through digital innovation. The Center for Cybersecurity Research and Innovation (CSRI Nepal) and Information Security Response Team Nepal (npCert) have submitted critical recommendations to strengthen this initiative. Their insights aim to enhance accessibility, security, and efficiency in Nepal’s e-governance framework.

Nepal E-Governance Blue Print 2081

This article explores the key recommendations from the report, highlighting how Nepal can build a future-ready, inclusive, and secure digital governance system.

Why E-Governance Matters for Nepal

E-governance offers immense opportunities for Nepal, including:

✔ Efficient public service delivery (e.g., NID system, online tax filing)

✔ Enhanced citizen-government interaction

✔ Economic growth through digital innovation

✔ Improved transparency and accountability

However, challenges such as cybersecurity risks, data privacy concerns, and the digital divide must be addressed to ensure sustainable success.

Top Recommendations for E-Governance Blueprint 2081

1. Strengthening Digital Infrastructure

Expand internet access to rural areas to bridge the digital divide.

Minimize infrastructure duplication by leveraging existing systems like Nagarik App.

Digitize databases across ministries following international best practices.

2. Enhancing Citizen Engagement & Trust

Implement digital suggestion boxes in municipalities for public feedback.

Use AI and blockchain for secure, transparent feedback processing.

Boost digital literacy programs across all seven provinces.

3. Cybersecurity & Legal Reforms

Update Nepal’s Cyber Laws (e.g., Electronic Transaction Act, Muluki Penal Code) to align with global standards.

Ensure data privacy and security in all online government systems.

Establish IT wings in every ministry for better coordination.

4. Policy & Governance Improvements

Clarify the vision of the blueprint to avoid confusion with the Digital Nepal Framework.

Encourage Public-Private Partnerships (PPP) with telecom providers like Ncell for infrastructure development.

Reform policies to support efficient feedback mechanisms.

5. Academic & Institutional Development

Universities, not ministries, should lead academic courses on e-governance.

Promote collaboration among federal, provincial, and local governments.

The Road Ahead: A Sustainable Digital Nepal

For the E-Governance Blueprint 2081 to succeed, Nepal must:

Prioritize cybersecurity and data protection

Ensure inclusivity by reaching rural populations

Leverage emerging tech (AI, blockchain) for transparency

Maintain strong stakeholder engagement

By implementing these recommendations, Nepal can build a resilient, citizen-centric digital governance system that drives socio-economic growth.

Conclusion

The CSRI & npCert’s recommendations provide a comprehensive roadmap for Nepal’s E-Governance Blueprint 2081. By focusing on infrastructure, security, citizen engagement, and policy reforms, Nepal can create a future-proof digital ecosystem.

What are your thoughts on Nepal’s e-governance future? Share your views in the comments!

For more: Nepal E-Governance Blue Print 2081

Realme C75 Price Nepal

Realme C75 Price in Nepal With Specifications and Availability

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24th March 2025, Kathmandu

realme, the most trusted smartphone brand, has officially launched its latest rugged smartphone, the realme C75, in Nepal. Designed for durability, powerful performance, and advanced features, the realme C75 sets a new standard in the segment.

Realme C75 Price in Nepal

Built for Ultimate Durability

The realme C75 is crafted to withstand extreme conditions, featuring IP69 certification, making it highly resistant to dust, water, and high-pressure sprays. It is engineered with ArmorShell™ Glass, offering 260% better drop resistance and 400% enhanced scratch protection compared to standard displays. Additionally, it meets MIL-STD-810H certification, meaning it can withstand accidental drops, vibrations, and extreme temperatures, making it the ideal choice for users with an active lifestyle.

Massive 6000mAh Battery with 45W Fast Charging

With a massive 6000mAh battery, the realme C75 ensures extended battery life that lasts throughout the day and beyond. Users can enjoy more than 50 hours of call time, 18 hours of video playback, and up to 60 days of standby time. 45W SUPERVOOC fast charging allows the device to charge up to 50% in just 30 minutes, reducing downtime and keeping users powered up whenever they need it.

Powerful Performance with MediaTek Helio G92 Max

At its core, the realme C75 is powered by the MediaTek Helio G92 Max processor, delivering smooth gaming, faster app launches, and seamless multitasking. The 8GB RAM, coupled with Dynamic RAM Expansion, allows users to virtually increase their RAM up to 16GB, ensuring lag-free performance even with heavy usage. The device comes with 128GB or 256GB storage options, expandable via a microSD card, providing ample space for all your apps, photos, and videos.

Smooth and Immersive Display

The realme C75 boasts a 6.72-inch FHD+ display with a 90Hz refresh rate, delivering ultra-smooth scrolling, vibrant colors, and a seamless viewing experience. With a peak brightness of 680 nits, the display ensures excellent visibility even under direct sunlight. Whether streaming videos, playing games, or browsing social media, users will experience sharp details and lifelike visuals.

Next-Level AI Photography

Capture life’s best moments with the 50MP AI main camera, designed to deliver high-resolution, crystal-clear images in any lighting condition. The AI-enhanced night mode improves low-light photography, ensuring brighter and sharper night shots. The 8MP front camera provides natural-looking selfies with AI Beauty Mode, making it perfect for social media users and content creators.

AI Smart Experience for Seamless Use

With AI-powered features, the realme C75 brings a smarter, more intuitive experience to users. AI Smart Loop optimizes background processes, improving battery efficiency and system performance. AI Clear Face enhances facial clarity in video calls, making online meetings and virtual interactions more engaging. The phone also includes AI Smart Motion Gestures, allowing users to navigate the device with simple hand gestures, adding to the convenience of a hands-free experience.

Availability & Pricing in Nepal

The realme C75 is now available across Nepal at all authorized realme retail stores. The 8GB RAM + 128GB storage variant is priced at Rs. 26,999/- while the 8GB RAM + 256GB storage variant is available for Rs. 29,999/-.

For more: Realme C75 Price in Nepal

Ncell NSL 2025 Friendly Football Tournaments

Ncell NSL 2025 Friendly Football Tournament Celebrates Season Kickoff

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24th March 2025, Kathmandu

Ncell on Monday organized a friendly football match at Lainchaur Ground in Kathmandu to celebrate the much-anticipated Ncell Nepal Super League (NSL), which kicks off this Saturday, March 29.

Ncell NSL 2025 Friendly Football Tournament

The friendly match featured three teams, with the Nepal Sports Journalists Forum (NSJF) team emerging victorious.

The seven-a-side football match began with the first game between the Ncell Team and a team of artists and models led by former national footballer and veteran player Anil Gurung. The Ncell Team secured a 2–1 victory over Anil Gurung’s team.

The final match of the friendly tournament, organized in anticipation of Ncell NSL, was played between the NSJF Team and the Ncell Team, where NSJF defeated Ncell 2–0.

Ncell is the title sponsor of NSL Season 3 and takes pride in its association with Nepal’s biggest franchise football tournament, running from March 29 to April 26, 2025. This season, seven teams—Lalitpur City FC, Kathmandu Rangers FC, Pokhara Thunders FC, Butwal Lumbini FC, Dhangadhi FC, Jhapa FC, and Chitwan FC—will compete for the championship title.

“Ncell’s partnership with NSL reflects our strong commitment to the growth of Nepal’s sports sector. This collaboration aligns with Ncell’s theme, ‘Here for You’, reinforcing the belief that football connects communities and drives positive change in society,” said Umair Mohsin, Chief Commercial Officer of Ncell.

The Ncell NSL aims to nurture Nepali football players, helping them achieve excellence while contributing to the overall development of football in Nepal. This sponsorship highlights Ncell’s ongoing support for sports and youth empowerment.

As a responsible corporate citizen, Ncell actively contributes to the development of sports and talent grooming. The company supports various sports, including football, cricket, volleyball, and golf, among others. Additionally, under its Corporate Social Responsibility (CSR) initiative through Ncell Foundation, the company provides skill development and training support to Nepali para-athletes.

The Ncell NSL Season 3 will be held at Dasharath Stadium and will run for a month-long period. Bringing together top players from seven different clubs on one platform, this prestigious football tournament continues to elevate Nepali football and strengthen the country’s connection with the sport.

For more: Ncell NSL 2025 Friendly Football Tournament

Global IME Bank Global Money 2025

Global IME Bank Celebrates Global Money Week 2025 with Nationwide Financial Literacy Initiatives

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24th March 2025, Kathmandu

Global IME Bank Limited marked Global Money Week 2025 by organizing a series of financial literacy programs targeting students and youth across all seven provinces of Nepal. The week-long campaign aimed to enhance financial awareness and promote digital banking among the younger generation.

Global IME Bank Global Money Week 2025

With participation from over 6,000 students and young individuals, the bank conducted various interactive sessions covering essential financial topics, including:

Savings & Investments

Loans & Credit Management

Remittance Services

Digital Banking & Fintech

Insurance & Risk Management

Financial Fraud Prevention

Financial Discipline & Planning

Commitment to Financial Inclusion & Digital Banking

Global IME Bank remains dedicated to expanding financial literacy through its 355 branches and digital platforms. The bank also participated in programs organized by Nepal Rastra Bank (NRB) and other financial institutions to promote nationwide financial awareness.

Award-Winning Excellence in Banking

Recognized as “Best Bank in Nepal” at the Global Finance Best Bank Awards 2024 and Euro Money Award for Excellence 2024, Global IME Bank continues to set benchmarks in Nepal’s banking sector. The bank has received multiple national and international accolades for its innovation and customer service.

Nepal’s Largest Private Commercial Bank with Extensive Reach

As the first private commercial bank with branches in all 77 districts of Nepal, Global IME Bank operates:

355 Branch Offices

385 ATMs

237 Branchless Banking Units

67 Extension & Revenue Counters

3 International Representative Offices

With over 1,100 service centers, the bank ensures seamless banking access for all Nepali citizens.

Leading Remittance Services Worldwide

Global IME Bank facilitates cross-border remittances from key countries, including:
USA, UK, Canada, Australia

Malaysia, South Korea, Japan

Saudi Arabia, UAE, Qatar, Bahrain, Kuwait

India, Jordan & more

Conclusion: Building a Financially Empowered Nepal

Through its nationwide financial literacy initiatives, Global IME Bank is fostering a financially aware and digitally empowered youth population. By integrating education, innovation, and accessibility, the bank continues to drive Nepal’s economic growth.

For more: Global IME Bank Global Money Week 2025

Sindhu Bikash Banks AGM

Sindhu Bikash Bank AGM: Rights Share Issuance & Merger Plans Approved

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24th March 2025, Kathmandu

Sindhu Bikash Bank successfully conducted its 14th and 15th Annual General Meeting (AGM) on Chaitra 8 (21 March), at Miraval Hotel & Resort, Dhulikhel. The bank had been unable to hold its AGM last year due to various reasons, so it organized both meetings together.

Sindhu Bikash Bank AGM

The meeting discussed and approved financial statements for FY 2079/80 and FY 2080/81, including the balance sheet, profit and loss statement, and cash flow details. The AGM also approved the appointment of an external auditor for the upcoming fiscal year.

Financial Statements and Auditor Appointment

The AGM approved the bank’s financial statements after thorough discussion. The financial reports for the end of FY 2079/80 and FY 2080/81 were presented along with auditor reports. The AGM also appointed Sujan Kafle & Associates, Chartered Accountants, as the external auditor for FY 2081/82. The shareholders also approved the remuneration for the auditors.

In addition, the AGM approved the appointment of Bharat Bahadur Karki as an independent director. His role will be crucial in ensuring corporate governance and compliance with regulatory guidelines.

Rights Share Issuance for Capital Growth

Nepal Rastra Bank (NRB) has set minimum paid-up capital requirements for regional development banks. The bank must maintain a minimum capital of NPR 1.20 billion. To meet this target, the AGM approved the issuance of 116% rights shares.

However, the issuance will proceed only after obtaining necessary approvals from Nepal Rastra Bank and other regulatory authorities. This step is crucial for the bank’s expansion and financial stability.

Potential Merger and Acquisition Plans

To further strengthen its market position, the AGM also approved a proposal allowing the Board of Directors to explore potential mergers and acquisitions. This decision gives the board the authority to negotiate with other banks and financial institutions to find suitable merger or acquisition opportunities.

Mergers and acquisitions can help Sindhu Bikash Bank expand its network, enhance operational efficiency, and improve financial strength. If successful, the bank will be in a stronger position to compete in Nepal’s banking sector.

Branch Network and Regional Presence

Sindhu Bikash Bank currently operates in five districts: Sindhupalchok, Kavrepalanchok, Dolakha, Makwanpur, and Chitwan. The bank serves customers through 26 branch offices across these regions.

With its growing customer base and planned capital expansion, the bank aims to increase financial access and strengthen banking services in rural and semi-urban areas.

Future Outlook

Sindhu Bikash Bank is committed to long-term growth and financial stability. The rights share issuance will increase capital, while possible mergers could expand operations. These strategic decisions align with Nepal Rastra Bank’s capital requirements and the bank’s vision for sustainable growth.

By focusing on financial expansion, regulatory compliance, and improved customer services, Sindhu Bikash Bank is preparing to strengthen its position in Nepal’s banking industry.

For more: Sindhu Bikash Bank AGM

SEBON Underwriting Limit Increases

SEBON Underwriting Limit Increase: Bank Insurance Merchant Banks Nepal Capital Market

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24th March 2025, Kathmandu

The Nepal Securities Board (SEBON) has increased the underwriting limit for merchant banks. This decision will impact banks, financial institutions, and insurance company subsidiaries involved in securities underwriting.

SEBON Underwriting Limit Increase

SEBON spokesperson Niranjaya Ghimire explained the change. “Merchant banks can underwrite up to three times their net worth. This limit remains for independent merchant banks. However, subsidiaries of banks, financial institutions, and insurance companies can now underwrite up to their parent company’s net worth. The parent company must ensure liability coverage,” he stated.

Key Changes in Underwriting Rules

The adjustment falls under Schedule 9 (Clause G) of the Securities Businessperson (Merchant Banker) Regulations, 2064. Previously, underwriters could only underwrite securities up to three times their net worth, while investment managers could manage investments up to fifteen times their net worth.

SEBON’s decision on March 20, 2025 (Chaitra 7, 2081) adds a new provision. Now, if a subsidiary of a bank, financial institution, or insurance company signs an agreement with the parent company, it can underwrite up to its parent company’s latest audited net worth.

Impact on Merchant Banks

The change will give more flexibility to bank-affiliated merchant banks. With increased underwriting capacity, these institutions can participate in larger securities transactions.

Before this, they faced strict limits, restricting their ability to support big stock issuances. The new rule allows them to expand operations, enhance liquidity, and boost investor confidence.

SEBON has also clarified that the parent company must take full responsibility for underwriting risks. This ensures that financial stability remains a priority.

Benefits of the New Policy

This decision aims to strengthen Nepal’s capital market by increasing participation from large banking and insurance-backed institutions. Some expected benefits include:

Higher liquidity in the securities market

Better investment opportunities for institutional investors

Larger underwriting transactions for major financial groups

More robust financial backing for capital market issuers

Implementation and Next Steps

SEBON has yet to formally include this change in the Merchant Banker Regulations. Officials have confirmed that regulatory adjustments will be made soon.

Independent merchant banks, however, will still follow the old limit of three times their net worth for underwriting. Only subsidiaries with a parent company’s guarantee can use the new rule.

Conclusion

Nepal’s capital market is evolving, and regulatory changes are helping financial institutions expand. SEBON’s decision allows larger institutions to play a bigger role in securities underwriting. This move aligns Nepal with global capital market trends and ensures stronger financial backing for issuers.

Market participants must adapt to the new changes, but this shift promises a more active and stable securities market in Nepal. SEBON will monitor implementation to ensure compliance and market growth.

For more: SEBON Underwriting Limit Increase

Birgunj Chamber of Commerce

Birgunj Chamber of Commerce Election: Hari Gautam President, BCCI 49th AGM Results

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24th March 2025, Kathmandu

The Birgunj Chamber of Commerce and Industries (BCCI) has completed its 49th Annual General Meeting (AGM) and convention, with key leadership positions filled for the upcoming term.

Birgunj Chamber of Commerce Election

During this meeting, Hari Gautam was elected unopposed as the President of the chamber, marking a seamless transition in leadership.

Along with Gautam, several other positions were filled by unanimous votes. Madhav Rajpal was appointed Senior Vice President, while Manoj Das will serve as Second Vice President. Shivji Prasad Kalwar was elected as General Secretary, and Anoj Rungta as the Treasurer. Additionally, Premchandra Goyal and Sushant Chachan were chosen as Secretaries, and Niraj Agarwal was appointed Assistant Treasurer. Naresh Tiwadewal secured the position of Assistant Secretary through a unanimous decision.

The only contested position was that of Assistant Secretary, for which Anup Agarwal was elected. The election process followed the chamber’s constitution, which stipulates that 12 officebearers should be elected.

The newly appointed leadership is expected to continue driving the Birgunj Chamber of Commerce and Industries toward achieving its mission of supporting and developing the business community in the region. Over the years, the chamber has played a critical role in representing the interests of local businesses, advocating for trade growth, and improving the economic environment of Birgunj and its neighboring areas.

According to Bal Mukund Kharel, the Chief Election Officer, the chamber members showed a broad consensus for most of the positions, except the Assistant Secretary role, which went to an election. This indicates strong trust and cohesion among the chamber’s members.

The chamber’s work is essential to fostering trade and commerce, and the new leadership will continue to focus on vital issues such as infrastructure development, access to finance, and creating a supportive environment for entrepreneurs. Their leadership will ensure that Birgunj remains a vibrant and growing economic hub for businesses.

In line with its constitutional framework, the Birgunj Chamber of Commerce and Industries will maintain its structure of 12 office bearers. The chamber will now focus on fulfilling its key objectives, which include boosting the regional economy, supporting local businesses, and creating better opportunities for industrial growth.

In conclusion, the Birgunj Chamber of Commerce and Industries has completed its leadership elections. With Hari Gautam at the helm as President, the chamber is poised for further growth and development, ensuring that Birgunj continues to thrive as a significant center for commerce and industry in Nepal.

For more: Birgunj Chamber of Commerce Election

Sanima Bank Financial Literacy

Sanima Bank Financial Literacy Programs: Youth Education Global Money Week 2025 Nepal

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24th March 2025, Kathmandu

Sanima Bank successfully concluded its financial literacy program from March 17 to March 23, 2025, as part of the Global Money Week 2025 campaign. The week-long event aimed to raise awareness about financial education and equip students with essential money management skills.

Sanima Bank Financial Literacy Programs

Throughout the campaign, Sanima Bank organized financial literacy sessions at its branches across all seven provinces. These programs focused on school and college students, educating them about essential topics such as budgeting, saving, investing, and personal finance management.

As part of its corporate social responsibility (CSR) initiatives, Sanima Bank has been running financial literacy programs for several years. The bank’s goal is to empower diverse communities, including youth, women, entrepreneurs, and others, by teaching them the importance of financial education. The sessions aim to provide individuals with the knowledge to make informed financial decisions, helping them achieve financial independence and security.

This year’s Global Money Week event focused on educating students and equipping them with financial tools. The bank held seven-day workshops across various schools and colleges, where students were taught important financial concepts such as managing money, setting financial goals, and planning for the future.

The bank’s efforts reflect its ongoing commitment to financial inclusion and economic empowerment. With its wide network of 134 branches and 126 ATMs, Sanima Bank reached thousands of students and community members across Nepal. These efforts not only provided essential financial knowledge but also encouraged students to develop good financial habits for their future.

By participating in Global Money Week 2025, Sanima Bank joined the global initiative aimed at encouraging financial education for young people. The program promotes financial literacy, enabling the next generation to face future economic challenges with the right knowledge and skills. Through its involvement, Sanima Bank demonstrated its dedication to improving financial education and helping students make sound financial decisions.

The bank’s work extends beyond this specific campaign, as it continues to focus on financial literacy for all members of society, particularly the youth. By teaching young people to manage their finances effectively, the bank aims to build a more financially literate society, where individuals make informed decisions to ensure long-term financial stability.

Sanima Bank’s commitment to financial literacy supports national development by fostering financial stability in communities across Nepal. As the bank continues to offer educational programs and initiatives, it plays a key role in advancing financial inclusion and supporting the overall economic growth of the country.

By participating in Global Money Week, Sanima Bank underscored the importance of financial education in shaping the future of Nepal’s youth. Through continued efforts, the bank is helping build a future where young people are prepared to manage their finances effectively and lead financially responsible lives.

For more: Sanima Bank Financial Literacy Programs

AI-Powered Ethical Hacking

AI-Powered Ethical Hacking Certification: CEH v13 Training Course April 2025

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24th March 2025, Kathmandu

Prominent Learners is excited to launch the EC-Council Certified Ethical Hacker (CEH) v13 training program. This program starts on April 7, 2025, and introduces the world’s first AI-powered ethical hacking curriculum, setting a new standard in cybersecurity training.

AI-Powered Ethical Hacking Certification

The CEH v13 program aims to equip participants with cutting-edge skills to combat modern cyber threats. It combines traditional ethical hacking methods with AI-driven tools, making it a unique and innovative approach to cybersecurity education. The program is designed for professionals who wish to enhance their cybersecurity expertise and stay ahead in a rapidly evolving digital landscape.

Why Join the CEH v13 Program?

Learn from Experts: The program offers training by industry professionals with years of hands-on experience. Participants will gain practical insights and expert knowledge in cybersecurity.

Hands-on Labs and Real-World Scenarios: The course provides practical, interactive labs where participants will solve real-world challenges. This hands-on approach ensures participants can apply the concepts learned to actual cybersecurity issues.

AI-Powered Tools: One of the highlights of CEH v13 is the integration of Artificial Intelligence. The program includes training on AI-powered tools that help in identifying vulnerabilities and defending against cyber threats more effectively.

Globally Recognized Certification: After completing the course, participants will earn the EC-Council Certified Ethical Hacker (CEH) certification. This certification is widely recognized and respected by employers in the cybersecurity industry.

Training Details

Start Date: April 7, 2025

Time: 7:00 AM to 9:00 AM

Mode: In-person training sessions

Limited Seats: There are limited spots available for this groundbreaking program. Interested individuals should register quickly to secure their place.

This training covers a wide range of topics, including penetration testing, ethical hacking methodologies, and network security, with an emphasis on AI-based cybersecurity tools. Participants will also gain the expertise needed to handle complex cyber threats and help protect organizations from vulnerabilities.

The Importance of Cybersecurity Education

As cyber threats become more sophisticated, the demand for skilled ethical hackers is growing. CEH v13 offers an opportunity to learn the latest techniques in cybersecurity, combining traditional skills with modern AI technology. With cybercrime on the rise, businesses and individuals alike need trained professionals who can protect their systems from attacks.

This program is perfect for aspiring cybersecurity professionals, IT specialists, and anyone looking to gain or enhance their ethical hacking skills. With global recognition, the CEH certification will open doors to career advancement and higher-paying roles in cybersecurity.

Why Choose CEH v13 Now?

The landscape of cybersecurity is constantly changing, and staying up-to-date with the latest training is essential. The integration of AI in this program ensures that participants will be prepared to face the next generation of cyber threats. Whether you are looking to upgrade your skills or start a career in cybersecurity, CEH v13 offers a future-proof solution.

Get Ready for the Future of Cybersecurity

Prominent Learners is committed to providing top-tier cybersecurity education. By offering the AI-powered CEH v13, they ensure that professionals are well-equipped with the knowledge and skills needed to tackle modern cybersecurity challenges. Participants who complete the course will be prepared to safeguard digital systems and networks in today’s complex cyber environment.

Seats are limited, so don’t miss the chance to enroll. The batch begins on April 7, 2025, at 7:00 AM.

For registration and additional details, visit Prominent Learners today!

For more: AI-Powered Ethical Hacking Certification

Manushi Laghubitta 6 AGM

Manushi Laghubitta 6th AGM: Improved EPS, Financial Progress, & Future Dividend Plans

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24th March 2025, Kathmandu

Manushi Laghubitta Bittiya Sanstha Limited held its 6th Annual General Meeting (AGM) on Sunday at Hotel View in Bhaktapur. The meeting was chaired by Padmasana Shakya, the Chairman of the Board of Directors, who presented the annual report, which was unanimously approved by the shareholders.

Manushi Laghubitta 6th AGM

During the meeting, Chief Executive Officer (CEO) Shova Bajracharya welcomed the attendees and shared an overview of the institution’s current financial position and progress. She also answered various queries raised by the shareholders and assured them of the institution’s commitment to reaching a point where it could distribute dividends in the coming year. Bajracharya emphasized that the institution had made significant efforts to improve its financial situation.

Manushi Laghubitta, which recently completed six years of operation, currently has 36 branches in 14 districts across Nepal. The institution’s share capital is NPR 109.375 million, and it holds a reserve fund of NPR 42.33 million. The institution’s Earnings Per Share (EPS) currently stands at a negative NPR 7.22, showing a marked improvement from last year’s EPS of negative NPR 38.25. This indicates a reduction in losses but also suggests that the institution still has much work to do before reaching profitability.

Despite this negative EPS, the institution has managed to collect over NPR 98.78 million in deposits from 33,718 members in the review period. This indicates that the institution is gaining the trust of its members and continues to expand its customer base. However, the institution is not yet in a position to distribute dividends, which remains one of its key goals for the next year.

The microfinance sector in Nepal faces intense competition, and there are challenges regarding loan repayment from some clients. Additionally, stricter regulatory policies have made it difficult for institutions like Manushi Laghubitta to maintain smooth operations. Despite these challenges, the management of Manushi Laghubitta is determined to overcome these obstacles and continue expanding its services.

The management has assured the shareholders that they are working toward achieving financial stability and growth. The institution is focused on improving its financial performance and reaching a point where it can begin distributing dividends. Manushi Laghubitta is committed to maintaining the trust of its shareholders and members and is working hard to build a solid foundation for the future.

In conclusion, Manushi Laghubitta Bittiya Sanstha has made notable progress in its six years of operation. The institution has improved its financial health, expanded its services, and grown its customer base. While challenges remain, the management is confident in its ability to achieve financial stability and continue serving its members. With a clear focus on growth and profitability, the institution is determined to succeed in the competitive microfinance sector.

For more: Manushi Laghubitta 6th AGM

Dell ITE AI Skills

Dell & ITE: AI Skills Training & Virtual Desktop Infrastructure (VDI) Center Launch

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24th March 2025, Kathmandu

Dell Technologies and the Institute of Technical Education (ITE) have signed a Memorandum of Understanding (MOU) to establish a hybrid cloud Virtual Desktop Infrastructure (VDI) Centre at ITE aimed at enhancing digital skills development and accelerating AI adoption for small and medium enterprises (SMEs).

Dell ITE AI Skills Training

The VDI Centre supports up to 80 virtual machines accessible using any web browser. It allows students to learn from anywhere without worrying about hardware specifications, supporting more flexible teaching methods. Powered by Dell VxRail, the VDI Centre delivers agility, scalability, and efficiency to enhance the learning experience.

Why Does It Matter?

The traditional classroom model faced significant challenges during the pandemic, including resource bottlenecks and scheduling conflicts. This led to a rapid surge in demand for digital learning. Virtual Desktop Infrastructure (VDI) eliminates the need for desktops and IT hardware to be physically located in the same space. It allows users to connect to a remote data center over the Internet or local network, providing a fast and efficient experience wherever the student is and empowering ITE to offer more flexible teaching methods.

Seamless Learning Experience at Scale Powered by Dell

The VDI Centre, built on Dell VxRail hyper-converged infrastructure (HCI), delivers agility and performance through automated lifecycle management.

The VDI Centre enables virtual lab clients to operate like physical PCs, but accessible from any web browser, offering a seamless user experience. It can run up to 80 virtual machines concurrently.

Using the virtual machines within the VDI Centre, students can gain access to advanced AI tools like GenAI animation and 3D modeling for experimentation and prototyping, enhancing their learning experience.

Additionally, the VDI Centre’s flexibility fosters collaboration with small and medium enterprises (SMEs) industry partners such as Convergent Systems (S) Pte Ltd, PilotPulse Pte Ltd, Ninety One Branding & Marketing Pte Ltd, and Alteredverse Pte Ltd on AI-focused projects, bridging the gap between education and real-world applications.

As part of establishing the VDI Centre, ITE also aims to deliver a Universal Omniverse Experience (UOX). The UOX entails equipping staff and students with essential digital skills through training, upskilling, and certification in key areas such as cloud computing, virtualization, and AI.

Combining academic excellence with real-life practical industry expertise, Dell and ITE are working towards closing the AI skills gap, fostering innovation, and accelerating digital transformation.

Collaborating to shape an AI-ready workforce

ITE and Dell bring together their innovation and technology capabilities to train, upskill and certify ITE staff and students for an AI-ready workforce.

Train: Dell will provide expertise in IT infrastructure virtualization and hybrid cloud, essential building blocks that power AI deployment, to enhance ITE’s curriculum and train its staff and students.

Skill: Dell will deliver state-of-the-art technology infrastructure while collaborating with ITE to develop skill-building programs that equip students with in-demand tech skills. To strengthen industry collaboration, ITE and Dell will host visitors at the VDI Centre, offering support to SMEs incubating industry projects that take advantage of VDI technology. Additionally, ITE will conduct workshops designed to help enterprises adopt and implement VDI solutions, driving cross-industry innovation and growth.

Certify: ITE and Dell are collaborating to offer short courses to SMEs focused on gaining technical certification in areas like AI and Data Centre virtualization using the VDI Centre. Participants will receive a Certificate of Competency (CoC) from ITE upon completion of the course.

Underpinned by the three key pillars, the collaboration will support lifelong learning for ITE staff and students as well as strengthen ties with the technology sector.

Perspectives

“Accelerating AI adoption for all is a purpose Dell and Singapore’s National AI Strategy share as enabled by the Singapore FY2025 budget’s Enterprise Compute Initiative dependent on reliable, local access to high-performance computing for AI development,” said Andy Sim, vice president and managing director, Singapore, Dell Technologies. “Our collaboration with ITE aims to nurture AI-savvy talent and enhance tech curricula, supporting enterprises and communities in building an AI-ready workforce.”

Low Khah Gek, chief executive officer, of ITE, said, “By leveraging our partnership with Dell Technologies, we are not only enabling our learners to acquire new skills related to AI and virtualization technologies but also preparing them for the future of work. The hybrid cloud VDI Centre empowers learners to access advanced tools and resources from anywhere, ensuring that our training remains flexible and impactful. Together, we are shaping an AI-ready workforce that will drive innovation and digital transformation in Singapore.”

About Dell Technologies

Dell Technologies helps organizations and individuals build their digital future and transform how they work, live, and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the AI era.

For more: Dell ITE AI Skills Training 

Citizens Bank Nepal Financial

Citizens Bank Nepal: Financial Literacy Programs & Digital Banking Innovations

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24th March 2025, Kathmandu

Citizens Bank International Limited completed its Global Money Week (GMW) 2025 programs, held from March 17 to March 23. The event reached thousands of children and young adults across Nepal.

Citizens Bank Nepal Financial Literacy

Under the theme “Think Before You Follow, Wise Money Tomorrow,” the bank organized a variety of financial literacy activities throughout all seven provinces.

The bank conducted these programs at 149 of its branch offices, aiming to increase awareness about financial literacy. The initiative covered a wide range of locations, including:

Koshi Province: Bhojpur, Mehendranagar, Biratnagar, Birtamod, Itahari, Dharan, and Shahidnagar

Madhesh Province: Birgunj, Nijgadh, Bode Sarai, and Janakpur

Bagmati Province: Bharatpur, Sainkhali, Makwanpur, Mangalbare, Charikot, Narayangadh Chowk, Dhumbarahi, Waling, Narayan, Hariharpur, Jamine, Tadi, Kulsangar, Tangu, Lamachaur, Hillside, and Sindhuli

Gandaki Province: Amarpur, Dharapani Bahudar, Chame, Deumli, Basbaritar, and Kolhavi

Lumbini Province: Tulsipur, Jeetpur, Kapilnagar, Mainam, Odari, Kohalpur, and Suchana Nagar

Karnali Province: Janketh, Juma, Jupal, Simikot, and Namka

Sudurpashchim Province: Various branches

Throughout the week, Citizens Bank International Limited provided vital financial education to youth and students. The programs aimed to raise awareness about financial planning and budgeting. Experts discussed the importance of making informed financial decisions. They also addressed the growing risks in the digital banking landscape, including cybercrime and fraud. The bank emphasized the significance of understanding both cash and online transactions.

The bank’s effort to promote financial literacy focused on empowering young people with knowledge to make better financial choices. Citizens Bank International Limited highlighted how the growth of electronic banking increases both opportunities and risks. By educating the next generation, the bank believes it will help strengthen the country’s financial system. Additionally, it aims to make young people more aware of the benefits and risks associated with financial technology.

In a recent achievement, Citizens Bank received the “Bank of the Year 2023” award at the World Retailing Awards. This recognition comes at a time when the bank continues to innovate and expand its services. Recently, it introduced the “Citizens PhonePay Credit Card,” Nepal’s first virtual credit card, which can be accessed directly through a mobile phone. This development marks a significant step forward in digital banking.

Moreover, Citizens Bank International Limited launched another pioneering service in Nepal. Customers can now apply for share purchases and obtain their CRN numbers through the bank’s mobile banking app. This service adds to the bank’s growing list of digital offerings, enhancing accessibility and convenience for its customers.

Citizens Bank International Limited has built a strong presence across Nepal. The bank serves over 1.85 million customers in 61 districts through 200 branches, 165 ATMs, and 74 branchless banking units. With these efforts, Citizens Bank remains committed to providing top-notch banking services and improving financial literacy nationwide. By embracing new technologies and financial education, Citizens Bank International Limited continues to support its customers’ growth and success in an increasingly digital world.

For more: Citizens Bank Nepal Financial Literacy 

Nepal Life Insurance 2082

Nepal Life Insurance 2082 BS Calendar: Holidays, Festivals, & Insurance Dates

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24th March 2025, Kathmandu

Nepal Life Insurance, the country’s most trusted life insurance provider, has launched its official calendar for the year 2082 BS. The unveiling took place at a special event at the company’s central office in Kamaladi.

Nepal Life Insurance 2082 BS Calendar

The event was attended by company officials, employees, and stakeholders from the insurance industry.

The newly released calendar provides a detailed overview of holidays, festivals, important days, and lunar dates (Panchang). It serves as a valuable resource for customers, employees, agents, and partners. By including key dates and cultural events, Nepal Life Insurance aims to strengthen its connection with its policyholders and stakeholders.

The unveiling ceremony was led by CEO Pravin Raman Parajuli, Deputy CEO Amit Kumar Kayal, Head of Business Operations Om Prakash Pudaisaini, and Chief Financial Officer Prem Prasad Regmi. The presence of senior executives reflected the company’s commitment to transparency, engagement, and communication with its customers and stakeholders.

During the ceremony, CEO Parajuli extended his best wishes to customers, agents, board members, employees, shareholders, and regulatory authorities for the upcoming year. He expressed gratitude for their continuous support in helping Nepal Life Insurance maintain its leadership in the industry. He credited the company’s growth and success to the trust and confidence of its policyholders and stakeholders.

Parajuli also highlighted the company’s focus on innovation and technological advancements. He emphasized Nepal Life Insurance’s dedication to improving customer service by adopting modern digital solutions. The company is working to enhance operational efficiency and streamline services to meet the evolving needs of policyholders.

“We are committed to offering better services, improving accessibility, and bringing innovative solutions to our customers. The integration of advanced technology will help us achieve these goals,” said Parajuli.

Nepal Life Insurance has been at the forefront of the country’s insurance sector for years. It has played a crucial role in expanding life insurance awareness and accessibility across Nepal. With a strong financial foundation and a customer-centric approach, the company continues to set new benchmarks in the industry.

The company aims to introduce new policies and services tailored to customer needs. Nepal Life Insurance remains dedicated to delivering high-quality financial security and risk management solutions. By focusing on innovation, customer engagement, and regulatory compliance, the company strives to maintain its position as Nepal’s leading life insurance provider.

With the launch of its 2082 BS calendar, Nepal Life Insurance reaffirms its commitment to its customers and the broader community. The company will continue to prioritize customer satisfaction, enhance service delivery, and implement progressive strategies to support long-term growth.

As Nepal Life Insurance moves forward, it remains focused on creating value for policyholders, expanding its market reach, and strengthening its reputation in the insurance industry.

For more: Nepal Life Insurance 2082 BS Calendar

Foton 10 Millions Commercial

Foton Celebrates 10 Million Commercial Vehicles Sold Globally

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24th March 2025, Kathmandu

Foton created history in commercial vehicle sales worldwide by crossing the mark of 10 million unit sales. Significantly, this achievement cements Foton as a leader in the global commercial vehicle industry, which will still drive economic growth and shape the future of transport with innovative and reliable vehicle solutions.

Foton 10 Million Commercial

Beyond borders, Foton has footprints internationally. It continues to break the boundaries of online commercial vehicle supply and has fulfilled high-quality and advanced technology for commercial vehicles, meeting the needs of evolving businesses around the globe. Efficient, long-lasting, and cost-effective mobility solutions make Foton a preferred choice for industries in sourcing trucks buses, and specialized vehicles.

On the contrary, none of such successful miles adds to the Foton history, but it has opened its doors to market possibilities and leads on to the platform of continuous growth. Thus, the future of commercial transportation is what Foton drives today by integrating intelligent and sustainable solutions, making it a cutting-edge technology company. Foton has the full commitment and implements an advanced fuel efficiency operating system while reducing emission levels from its vehicle systems that ensure overall contribution for the global level shift toward greener mobility.

Apart from excellent vehicles, the company also bolsters the economy through supply chain integration, employment creation, and the enhancement of transport networks. This company indicates that globalization market expansion is the pledge that such solutions are feasible in advancing industry into the future.

From another point of view, Foton will grow up holding fast to lead breakthrough changes in sustainable and efficient transport. The research and development advancement that Foton does creates and brings commercial mobility’s future into place when modern high-performance vehicles are made available for companies globally.

With over 10 million units sold and a strong vision for tomorrow, Foton continues to set the standards anywhere and anytime in the commercial vehicle sector, re-establishing its stamp on the world stage.

About Foton

Foton is one of the global leaders in manufacturing commercial vehicles, producing high-end trucks, buses, and specialized vehicles for various markets in the world. As China’s number one commercial vehicle enterprise, Foton is focused on the long run toward innovation, sustainability, and satisfying customers. With a strong presence in more than 110 countries, it continues to push the development of a transportation revolution that will contribute to global economic growth.

Foton is one of the global leaders in manufacturing commercial vehicles, producing high-end trucks, buses, and specialized vehicles for various markets in the world. As China’s number one commercial vehicles enterprise, Foton is focused on the long run toward innovation, sustainability, and satisfying customers. With a strong presence in more than 110 countries, it continues to push the development of a transportation revolution that will contribute to global economic growth.

For more: Foton 10 Million Commercial

 Nepal-Myanmar Trade and Tourism

Nepal-Myanmar Trade & Tourism Expo 2025: Yangon Event

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24th March 2025, Kathmandu

The Embassy of Nepal in Yangon is organizing a two-day “Nepal-Myanmar Trade and Tourism Expo 2025” on 21-22 March 2025 at Lotte Hotel, Yangon.

Nepal-Myanmar Trade & Tourism 2025

As envisioned by the slogan “Coming together for Trade and Tourism Promotion”, the Expo comprises showcasing commodities, tourism, and information technologies by participating companies from Nepal and Myanmar. The Expo was jointly inaugurated by Union Minister for Commerce H.E. U Tun Ohn and Ambassador Mr.  Harishchandra Ghimire on 21 March 2025.

The Expo began with an exhilarating ceremony of ribbon cutting and balloon flying followed by a formal event which consisted of presentations, cultural performances, stall visits by the guests, and was concluded with dinner.

Welcoming guests Ambassador Mr. Harishchandra Ghimire asseverated that the Expo is the Embassy’s pursuit to enhance and extend Nepal and Myanmar’s relationship beyond historical religious linkages, and to consolidate partnership in potential sectors of trade, tourism, businesses, and people-people relations.

He hailed tourism and IT services as sectors where both countries can collaborate for mutual benefits. Ambassador Mr. Ghimire thanked the supporting partners – Nepal Tourism Board (NTB), KK Business Group, Kyay O Kyee Petroleum Products Co. Ltd, Myanma Tourism Bank, and IT Partners- Awesome Asia, Info Developers, Onepoint Financial Services, Citytech, Smart Choice Technologies and Diyalo technologies for their contribution and participation. He also thanked participating travel and tour companies from Nepal along with other participating companies from Myanmar.

The Union Minister for Commerce H.E. U Tun Ohn stated that Nepal and Myanmar attach great importance to Buddhist linkages in his remarks. Further, he mentioned that The significance of Lumbini to Myanmar people is of utmost importance, and therefore Nepal is a very attractive destination for them.

Similarly, he stressed the need to establish direct air connectivity between the two countries. Presidents of the Union of Myanmar Federation of Chambers of Commerce and Industries (UMFCCI) and Nepal Myanmar Chambers of Commerce and Industry also underlined the potentialities for tourism and IT trade between the two countries.

The presentation by Ms. Ranu Shah, Senior Manager of NTB shed light on attractive tourist places and activities in Nepal beyond Lumbini. Mr. Kyaw Dewa, Joint Secretary General of UMFCCI shared a glimpse of Nepal-Myanmar trade relations exploring huge potentials in commodity trade, particularly pulses and beans from Myanmar to Nepal and medicinal herbs, and handicrafts from Nepal to Myanmar.

The presentation by Mr. Binod Pokhrel, a representative from one of the participating Nepali IT companies highlighted the booming IT sector of Nepal. During the stall visit of more than 50 booths, the Union Minister and other guests showed keen interest in the products and services showcased at the Expo.

About 250 guests comprising of Government officials including the Chief Minister of the Yangon Region, Minister of Economic Affairs of Yangon Region, representatives from UMFCCI, members of Myanmar Women Entrepreneurs Network (MYAWEN), Presidents, Vice Presidents and members of the Union of Myanmar Travel Association (UMTA), Myanmar Travel Federation (MTF) and Myanmar Tourism Marketing Association (MTMA), representative from business community, CEOs and CCTOs from banking sectors, members of Nepali community attended the event.

More than 50 booths comprising commodities, Fast-moving consumer goods (FMCG), Gems and Jewelry, Tourism, Travel, and Tours, have set up stalls for the Expo.

For more: Nepal-Myanmar Trade & Tourism Expo 2025

Sanima Bank's Financial Literacy Initiatives

Sanima Bank’s Financial Literacy Initiative: Educating Youth Across Nepal in 2025

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24th March 2025, Kathmandu

Sanima Bank successfully conducted a nationwide financial literacy program as part of the Global Money Week 2025 campaign. The program was held from March 17 to March 23, 2025 (Chaitra 4 to Chaitra 10, 2081), covering various schools and colleges across all seven provinces of Nepal.

Sanima Bank’s Financial Literacy Initiative

Sanima Bank organized week-long financial literacy sessions through its branches in different provinces. These sessions aimed to educate students from various schools and colleges about essential financial concepts, including savings, investments, budgeting, and responsible financial decision-making.

Commitment to Financial Awareness

Sanima Bank has been consistently promoting financial literacy across Nepal as part of its Corporate Social Responsibility (CSR). Over the years, the bank has been conducting similar programs targeting youth, women, entrepreneurs, and other community groups. These initiatives help equip individuals with the necessary financial knowledge and skills to make informed economic decisions.

Impact on Youth and Communities

By focusing on financial literacy, Sanima Bank aims to foster a financially aware and responsible generation. Educating students at an early stage ensures they develop good financial habits, contributing to a more financially secure society. The bank remains committed to strengthening financial education efforts through continued programs in the future.

Conclusion

Sanima Bank’s efforts in organizing financial literacy programs during Global Money Week 2025 highlight its dedication to enhancing financial awareness among Nepalese citizens. By expanding its reach across all provinces, the bank continues to play a vital role in empowering communities with essential financial knowledge.

For more: Sanima Bank’s Financial Literacy Initiative

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