Author: Sam Allcock

After a string of catastrophic mishaps, Makalu Air, which had shut down because of financial difficulties, is getting ready to relaunch under the new name Dāngfe Aviation Corporation Ltd. To obtain clearance, it must first resolve a number of regulatory ambiguities. Background & Timeline Name Change and Licence Renewal: Makalu Air’s operating license was renewed and its name changed to Dāngfe Air on 24 Magh 2080 (about early 2024) by the Civil Aviation Authority of Nepal (CAAN). Makalu Air’s Previous Issues: When Makalu Air was first founded in 2009, it used three Surkhet-based aircraft to conduct domestic flights. Its Air…

Postal services will have to change to keep up with a world that is becoming more tech-driven. This will bring both chances and problems. Compared to the past, the way the service works now is very different. Kathmandu— Bhawani Jaisi, who is 65 years old, goes to the Goshwara Post Office in Dillibazar a lot. She sends her daughter in Canada packages of homemade food, like amla pickle, dried leafy vegetables, roasted corn, and soybeans. “The days of writing letters are over.” She says, “Now it’s easy to send food to other countries.” “I talk to my daughter on Facebook…

Kathmandu – Mountain Energy Nepal Limited has posted an impressive financial performance for the fourth quarter of the fiscal year 2081/82, with the company’s net profit reaching Rs. 629 million. The results mark a significant improvement over the previous year, reflecting stronger revenue growth and enhanced operational efficiency. Revenue Growth and Profit Surge The company’s total income surged to Rs. 13.07 billion, compared to Rs. 9.22 billion in the previous fiscal year. This substantial increase was driven by higher electricity sales, better asset utilization, and supplementary income from insurance claims, which contributed Rs. 8.062 million to the top line. Mountain…

Gold prices saw a small drop in the Nepali market on Friday, bringing slight relief to buyers. The latest figures from Nepal’s official gold and silver dealers show a decline of Rs. 800 per tola compared to the previous day. On Friday, the price of hallmark gold was listed at Rs. 194,700 per tola. This marks a drop from Thursday’s rate of Rs. 195,500 per tola. Although the decrease is not large, it reflects recent shifts in global and local demand. The fall in gold prices may encourage more consumers to buy jewelry ahead of upcoming festivals and wedding seasons.…

Nepal’s popular folk-rock band Nepathya captivated audiences in Boston during their USA Tour 2025. The concert was held at the Royal Boston Hall on June 10 and lasted two hours. This performance came seven years after their last major show in Boston. Lead singer Amrit Gurung, whose hair has turned white over the years, led the band through a mix of classic hits and new songs. Before Boston, the band performed in cities including Austin, Seattle, Pittsburgh, Los Angeles, and Chicago. Their unique blend of folk melodies and rock music won the hearts of fans across the United States. The…

Many Nepali students are choosing Ontario, Canada, for their higher education because of its quality institutions and safe cities. While major cities like Toronto offer many opportunities, they are often too expensive for students. Fortunately, several smaller cities in Ontario provide affordable living, good education, and welcoming environments for international students. Waterloo is one of the top choices. It is home to the University of Waterloo, a leading research university. The city is clean, safe, and offers many student housing options with flexible leases. It also has strong support systems for international students. Students enjoy the vibrant Uptown area, full…

Indian mobility startup Tummoc has officially entered the Nepalese market, marking its first international expansion. The Bengaluru-based company, known for its smart urban transport solutions, is introducing its platform in Nepal to support local public transport authorities with digital tools for better service delivery. This step reflects Tummoc’s ambition to grow globally in the fast-evolving Mobility-as-a-Service industry. Founded in 2019, Tummoc offers digital tools that help users plan and manage intra-city travel. Its app brings together real-time information from public transportation services, including metro and bus networks, to simplify commuting. With the new launch in Nepal, Tummoc is introducing an…

In the world of investments, some seemingly opposing forces are finding common ground. Two assets that have long stood apart—gold and cryptocurrencies—are now emerging as complementary allies in the eyes of many investors. This shift from rivalry to cooperation is reshaping how we view diversification in a modern portfolio. Let’s explore why these once-competing assets are now becoming powerful partners.

As we move into the peak of the homebuying season, economic uncertainty is putting a damper on what’s typically a bustling time for real estate. From stock market volatility to shifting tariff policies, prospective homebuyers are feeling the pinch, and real estate professionals are seeing the effects first-hand. With rising mortgage rates and fluctuating investments, many are hitting pause on their dreams of homeownership.

New York City, May 5, 2025 — The first Monday in May has once again transformed the steps of the Metropolitan Museum of Art into the world’s most exclusive runway. Prepare for the 2025 Met Gala on Monday, May 5 at 6 pm ET/3 pm PT. The Met Gala 2025, fashion’s most star-studded spectacle, is officially underway, bringing together the elite of style, fame, and culture under this year’s sharp and stylish theme: “Tailored for You.” WATCH 2025 MET GALA LIVE  In honor of the Costume Institute’s exhibit Superfine: Tailoring Black Style, this year’s dress code pays homage to the…