Kathmandu, June 5 (IANS) Uber, the US-based global ride-hailing giant, officially launched its services in Nepal on Friday, marking its entry into the country’s increasingly crowded mobility market. The company had begun trial operations in the Kathmandu Valley last month and on Friday formally announced the commencement of its services in Nepal by organising a launch event in Kathmandu.The Himalayan country becomes Uber’s 11th market in the Asia-Pacific region and its first expansion into a…
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New Delhi, April 26 (IANS) Bangladesh’s once-thriving startup ecosystem is showing clear signs of strain, with funding drying up, companies scaling back operations, and even prominent firms struggling to meet basic obligations like paying salaries, a report has said.The crisis came into sharp focus in early March when hundreds of employees protested outside the Jashore office of Chaldal over unpaid wages, with some workers claiming they had not been paid for up to four months, according to The…
Kathmandu, March 5 (IANS) As Nepal voted to determine its people’s representatives in a high-stake election held on Thursday, an entrepreneur and social media enthusiast ploughed a unique furrow to prove election campaign need not be expensive to win a favourable mandate. “Election campaign can be done cheap; I’ve proved that by keeping the total expenses limited to around Rs 5 lakh Nepalese rupees (about 3.1 lakh Indian rupees),” Asheem Man Singh Basnyat claimed, an independent candidate from K…