The Nepal Rastra Bank (NRB) has increased the ceiling for the exchange of US dollars. The central bank has revised a circular issued to banks and financial institutions, raising the ceiling from $500 to $5,000. The revised provision does not apply to the amount received as gifts and tips from foreign friends and clients. However,…
WorldLink Communications, the largest internet service provider in Nepal, has teamed up with PUBG Mobile, the globally popular battle royale game, to elevate the mobile gaming experience for millions of players in Nepal. As the mobile gaming industry continues to grow rapidly, WorldLink and PUBG Mobile have partnered to enhance the gaming experience for their…
Nepal Rastra Bank (NRB) successfully hosted the “Digital Payment Promotion Walkathon, 2023” in partnership with key stakeholders from the banking and payment industry. The event highlighted the growing momentum behind digital payments in Nepal and showcased the positive impact of digital payments on the Nepalese economy and society. The walkathon proved to be an excellent platform for industry peers…
Samsung, a global leader in consumer electronics and smartphones, has partnered with Him Electronics to open the first multinational electronics manufacturing facility in Nepal. The landmark television factory in Nawalparasi was inaugurated by the Hon’ble Minister of Industries, Commerce and Supplies and Samsung Southwest Asia’s CEO, Mr. JB Park. This move is expected to have…
Smartphones have become an essential part of our lives, but they can also be a major source of distraction. In recent years, there has been a growing trend of people, especially Gen Z, opting for dumbphones in an effort to limit their screen time. What is a Dumbphone? Dumb phones, or feature phones, are basic…
In today’s digital age, smartphones have become an integral part of our lives. However, our addiction to these devices has become a matter of concern for many experts. In light of this, top-secret tech startup founded by ex-Apple vets Imran Chaudhri and Bethany Bongiorno developed a new wearable device that aims to be a “smartphone killer”…
Google LLC, one of the world’s largest technology companies, has registered in Nepal’s tax system. According to the Inland Revenue Office, Google has registered in the Large Taxpayer Office, Lalitpur (ठूला करदाता कार्यालय). The spokesperson for IRD – आन्तरिक राजस्व विभाग, Raju Prasad Pyakurel, stated that Google has registered to pay taxes on various services…
China has made an important breakthrough in the research and development of 6G communication technology, with the completion of the first real-time wireless transmission communication experiment of terahertz orbital momentum. The experiment was conducted by 25 institutes of the Second Academy of Aerospace Science and Technology of China (CASC). The team used a high-precision spiral…
WorldLink Communications, the largest internet service provider in Nepal, has signed a memorandum of understanding (MoU) with the Cricket Association of Nepal (CAN) to provide all the necessary internet infrastructure for cricket in Nepal. The MoU was signed on Tuesday, April 18, 2023, at the Tribhuvan University International Cricket Ground in Kirtipur. WorldLink CEO Keshav…
Standard Chartered Bank customers can now easily verify their accounts in connectIPS through the bank’s Online Banking or SC Mobile App. This will allow customers to access a wide range of services available via connectIPS. This move is part of the bank’s ongoing efforts to provide its customers with the latest banking technology and services….
