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Business/Economy

Buddha Air to add three Airbuses to its existing fleet!

Oct 12, 2017

KATHMANDU, Oct 11: Buddha Air has completed 20 years of non-stop dedicated service. It had begun its first service here in Nepal with a one-hour-long mountain flight by Witchcraft 1900 D manufactured in the United States of America. Buddha Air that operates flights mainly in urban areas of Nepal holds around 63 percent of the market. It has n...

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7 nabbed for running bitcoin exchange business in Nepal

Oct 8, 2017

Oct 6, 2017-A police team deployed from the Central Investigation Bureau (CIB) of Nepal Police for the first time arrested seven persons for allegedly running bitcoin exchange business from various parts of the country. The suspects have been identified as Gyan Prasad Paudel of Sindhuli, Madhav Khanal of Arghakhanchi, Prashant Pratap Shah of Kathm...

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Xiaomi overtakes Apple to lead wearable band market

Aug 13, 2017

Xiaomi overtook Apple in the global wearable band market in Q2, according to an industry analyst. The market grew 8 percent year on year in the second quarter, Canalys said in a research report. Xiaomi topped the market with shipments of 3.5 million units, closely followed by US firm Fitbit, which shipped 3.3 million units, a 34-percent y...

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Norway has world's fastest mobile internet: report

Aug 13, 2017

According to Ookla, global provider of internet testing and analysis, Norway has the fastest mobile internet in the world, financial newspaper DN reported Friday. In only 13 months, Norway has jumped from 11th to 1st place on the list of world best providers of fast internet connection, DN wrote. Ookla created the popular application Speedtest...

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China trade disappoints with imports and exports both slowing in July

Aug 9, 2017

While imports grew for the ninth consecutive month, they cooled markedly in July, posing questions about strength of the local economy. Exports also slowed to most trading partners, with South Korean trade halved and a noticeable slowing of shipments to the US and Europe. However, the performance was good enough to see China's trade surpl...

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Game of Thrones hackers demand ransom

Aug 9, 2017

Hackers who have leaked Game of Thrones scripts and other data from entertainment company HBO have released a note demanding a ransom payment. In a new dump, they also published a script for the as yet unbroadcast fifth episode of the current series. Company documents and video episodes of other HBO shows were also shared. The hackers cl...

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Android vs iOS: Which is more secure?

Aug 8, 2017

Android and iOS represent the lion's share of the mobile operating system market, and while there's inherent risk with the use of any mobile device in the enterprise, Android presents a much bigger target for malware attacks and, in turn, corporate security issues. With the massive growth of Android-powered devices in businesses over the past coup...

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Amazon's Melbourne move could create 'thousands' of jobs but bankrupt retailers

Aug 5, 2017

Amazon's decision to move into Melbourne has been celebrated as a win for jobs, but billionaire entrepreneur Gerry Harvey warns the online shopping giant will use a "send everyone broke" policy to put other retailers out of business. Amazon has announced plans to open its first Australian warehouse at Dandenong South, where it has purchas...

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Nepal, China to develop cross-border power transmission lines

Aug 5, 2017

Nepal has sent a draft of the Memorandum of Understanding (MoU) to China for the joint development of cross-border transmission lines between the two countries, a senior official of Nepal's Energy Ministry said Friday. The power-line connectivity between the two countries is expected to pave the way for electricity trade in the future between ...

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Xiaomi unveils its fastest-ever operating system

Aug 5, 2017

Chinese tech giant Xiaomi rolled out its fastest-ever operating system on Wednesday to offer a smoother user experience. The smartphone maker unveiled MIUI 9, the latest update of its MIUI series operating system, which might be the fastest Android-based operating system by far, according to Hong Feng, Xiaomi's co-founder. The MIUI 9 oper...

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