Aug 1
India accuses Pakistan of jeopardising SAFTA
India Monitor, August 1
India on Monday accused Pakistan of jeopardising the South Asian Free Trade Agreement (SAFTA) after Islamabad failed to implement key tariff reductions for New Delhi, a senior Indian official said. more…
Weak treasury recipe for risks
The Himalayan Times, Aug 1
Experts from banking and financial sector today said that sound treasury management (TM) is required to control risks in the banking system, including the functions of banking, money-market, capital market transactions, project financing, borrowing, investment and hedging instruments. more…
Economy Survey: Foggy figures erode credibility
eKantipur.com, Aug 1
The recently unveiled Economy Survey for the last fiscal year 2005/06 presented misleading and contradictory figures of some major sectors, raising serious questions over its credibility. more…
Stock market loses Rs 3b in a day
eKantipur.com, Aug 1
Alarmed by another heavy single-day fall that wiped out Rs 3 billion from the share market on Tuesday, Nepal Stock Exchange (NEPSE) has decided to suspend matching transaction from Wednesday, in order to cool down the heated market by barring brokers from conducting both buying and selling activities. more…
Reversing 'Lahure' legacy in 'New Nepal'?
Comentary
Surendra Phyyal
eKantipur.com, Aug 1
On my recent flight back to New Delhi, two gentlemen were seated next to me. Returning to my assignment base in the next door neighborhood, I was privileged. Not Mohamed Khan and Ramesh Chaudhary, both of Morang district (I still remember their name because I helped them fill out their disembarkation cards) were bound for Kuala Lumpur, Malaysia. more…
Aug 2
FNCCI begins Environ and energy promotion service Biz News
Nepalbiznews.com, Aug 2
Federation of Nepalese Chambers of Commerce and Industries (FNCCI), the apex body of the industries and commerce across the nation, has launched "Industrial Environment and Energy Promotion Program (IEEP)" with the view to make Nepalese industries nationally and internationally competitive. more…
"Enforce provision of capital adequacy": Dr. Pant
Nepalbiznews.com, Aug 2
Institute for Development Studies (IfDS) has requested Nepal Rastra Bank (NRB) to immediately enforce the previously announced provision regarding to the adequacy of capital. more…
SAARC defers free trade dispute
BBC, Aug 2
South Asian foreign ministers have agreed to defer a dispute between India and Pakistan over the implementation of a regional free trade agreement. more…
Stock market loses Rs 3b in a day
eKantipur.com, Aug 2
KATHMANDU, Aug 2 - Alarmed by another heavy single-day fall that wiped out Rs 3 billion from the share market on Tuesday, Nepal Stock Exchange (NEPSE) has decided to suspend matching transaction from Wednesday, in order to cool down the heated market by barring brokers from conducting both buying and selling activities. more…
Aug 3
Ministry holds review meet on dev projects
RSS, Aug 3
The third quarterly and annual review of the development projects and programmes implemented in Fiscal Year 2005/2006 under the Ministry of Industry, Commerce and Supplies and the meeting of the Ministry level Problems Resolution Committee was held under the chairmanship of Minister for Industry, Commerce and Supplies Hridayesh Tripathi today. more…
Maoists close Himalayan Snax
eKantipur.com, Aug 3
BANEPA, Aug 3 - Maoist activists forcibly closed Himalayan Snax and Noodles Thursday. They forced employees to move out of the factory premise and smashed glasses of the windows. more…
'Monetary Policy not behind turmoil'
eKantipur.com, Aug 3
At a time when fingers are being pointed towards Nepal Rastra Bank's new Monetary Policy for the current turmoil in the share market, a top NRB official has said that there is no reason in the allegation. more…
NEPSE loses Rs. 11bl. in 9 days
Nepalbiznews.com, Aug 3
The stock market lost Rs. 11 billion during last nine days after a heavy decline in the NEPSE index as the investors declined to invest reasoning that the new provision on capital structure of the commercial banks made by monitory policy reduced their chance of getting more dividends. more…
Aug 4
Damming Asia's watershed: China's hydropower plans in Tibet
Interfax, Aug 4
The Tibetan belief that all bodies of water are sacred and inviolable is unlikely to hinder China's power developers in their quest for new sources of electricity. more…
Union cash card launched
The Himalayan Times, Aug 4
Union Money Transfer Company Ltd (UMTCL) has formally launched its remittance product ‘Union Cash Card’ yesterday, states a press statement issued here today. more…
Non-tariff barriers hurt Nepal-India trade
The Himalayan Times, Aug 4
Senior government officials and private sector people today pointed out to the non-tariff barriers prevalent in trade between Nepal and India in recent years. more…
Self-policing planned to ensure tea quality
The Himalayan Times, Aug 4
Nepali tea industry has formulated a Code of Conduct (CoC) in a bid to advance its market segment of orthodox tea and counter the bad publicity over the inferior quality of its tea in the global market. more…
Nepal’s trade deficit with India to cross Rs 50b
The Himalayan Times, Aug 4
The deficit in Nepal-India trade will cross Rs 50 billion during this fiscal year due to a decrease in exports to India, custom charge imposed by India and also because India has started exporting goods that were being imported from third countries earlier. more…
Nepal not to enter highly indebted poor category
Nepalbiznews.com, Aug 4
Finance minister Dr Ram Saran Mahat has reaffirmed his commitment that he would not rush to enter into Highly Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) as Nepal can better its economy by stimulating reform activities. more…
Bankers vary the cause of stock market crisis
Nepalbiznews.com, Aug 4
Opposing the idea that the “monetary policy was the major cause of decline in share transaction” that caused loss of about Rs. 11 billion to the stock market during last 10 days, the bankers claimed that the “rumors” didn’t represent the reality. more…
Tourist arrival up by 7 percent
Nepalbiznews.com, Aug 4
Tourist arrival to Nepal in July grew by 7.2 this year compared to the same month of last year as the nation is heading towards permanent peace through dialogue, according to the Ministry of Culture, Tourism and Civil Aviation (MoCTCA). more…
Minister discloses King's land property
Nepalbiznews.com, Aug 4
The government of Nepal on Friday has informed that the King and the Royal family have 34,000 ropanies of land around the country. more…
Made in Nepal: an ambitious campaign
Feature Article
Nepalbiznews.com, Aug 4
Breaking down the conservative perception over the Nepal made product as least qualitative, youth entrepreneurs have initiated a campaign to give recognition to the national products and to inspire Nepali consumers to buy the products made in Nepal. more…
The country’s future is dark
Commentary
Kunda Dixit
Nepalnews.com, Aug 4
It is simple demand and supply: Nepal’s electricity demand is increasing at 60 MW a year and no new major hydropower unit is coming onstream in the foreseeable future to cover the shortfall. more…
Code of Conduct for orthodox tea industry
eKantipur.com, Aug 4
Tea Development Alliance is going to implement a code of conduct (CoC) in the orthodox tea industry in order to enhance competitiveness of Nepali tea in the international market. more…
Bumrungrad’s office in Nepal
eKantipur.com, Aug 4
Bumrungrad International, Thailand's premier medical center, has opened its referral center in Nepal for patients seeking overseas medical care there. more…
Govt to relax grip on foreign employment
eKantipur.com, Aug 4
The labor ministry has agreed to scrap a provision restricting manpower agencies from exporting workers without obtaining final approval of the government. more…
Aug 5
Turbulent NEPSE sheds 30.90 points (eKantipur.com)
Sustainability of domestic airlines: A big question (eKantipur.com)
Gold up by Rs 185 per 10 grams (eKantipur.com)
Nepali tea producers to go organic (Nepalbiznews.com)
40th general assembly of FNCCI from Sunday (Nepalbiznews.com)
Aug 6
Workers of tea gardens into strike (Nepalbiznews.com)
DoSCI still undecided over business incubation programme (Nepalbiznews.com)
Export of readymade garments to US declines by 17 percent (Nepalbiznews.com)
Economy has become like a chariot with broken wheel: Dhakal (Nepalbiznews.com)
Handicrafts Goods: Souvenirs From Nepal (RSS)
Aug 7
‘Construct trans-Himalayan railway’ (eKantipur.com)
BIMSTEC to hold ministerial meet (eKantipur.com)
Change in political superstructure essential to foster economy: Dr Bhattarai (Nepalbiznews.com)
NRB amends monetary policy (Nepalbiznews.com)
Turbulent NEPSE sheds 30.90 points (eKantipur.com)
Sustainability of domestic airlines: A big question (eKantipur.com)
Aug 8
MPs propose change in competition bill (eKantipur.com)
More Nepali patients may visit Bumrungrad (eKantipur.com)
Royalists top list of defaulters (eKantipur.com)
BIMSTEC expected to endorse FTA (eKantipur.com)
News Brief (eKantipur.com)
Nepal should focus on leisure tourism first: Ruben Toral (Nepalbiznews.com)
NEPSE to bring strategy to revitalise market (The Himalayan Time)
UNDP begins work on Human Development Report (RSS)
Aug 9
NT to launch CDMA mobile phone service (eKantipur.com)
Snag hits industrial electrification project (eKantipur.com)
Nepal to lead BIMSTEC in poverty alleviation (eKantipur.com)
Democracy brings life to Thamel (eKantipur.com)
MPs propose change in competition bill (Nepalbiznews.com)
Interview in Shyam Saran on SAFTA (Nepalbiznews.com)
Ministerial Conference of BIMSTEC kicks off (Nepalbiznews.com)
Parties decide to close down limestone excavation (Nepalbiznews.com)
Brand watch : Santoor Soap launched (The Himalayan Time)
Aug 10
NRB to declare NCSIDB a ‘troubled bank’ (eKantipur.com)
Nepal asked to produce list of items for duty waiver (eKantipur.com)
NT to install GSM 1800 system (eKantipur.com)
India to release Rs 1.6b in grants (eKantipur.com)
Businessmen and educationist doubt over Maoists’ policy (Nepalbiznews.com)
Nepal to lead in BIMSTEC for poverty alleviation initiative (Nepalbiznews.com)
NT to launch CDMA cell phone (Nepalbiznews.com)
BIMSTEC meet fails to announce date for implementing free trade pact; Nepal to lead BIMSTEC to poverty alleviation (Nepalbiznews.com)
Aug 11
Remittances keep economy going (eKantipur.com)
NRB postpones decision on NCSIDB (eKantipur.com)
ADB pledges $55.2m grant for rural roads (eKantipur.com)
China railways to sprawl across Himalayas (eKantipur.com)
ADB extends 55 million dollars grant for feeder roads (Nepalbiznews.com)
Abundant royal property across the nation (Nepalbiznews.com)
India to release direct budgetary support soon (Nepalbiznews.com)
Aug 12
NOC denies short supply of fuel (eKantipur.com)
Gold price dips (eKantipur.com)
Rupee weakens against dollar (eKantipur.com)
Stock exchange gains 27.30 pts (eKantipur.com)
OC team returns, Nepal's request to be considered(Nepalnewsbiz.com)
High rise in inflation; remittance keeping economy alive: NRB (Nepalbiznews.com)
Aug 13
Petro products supply normalized (eKantipur.com)
Biz News Summary (eKantipur.com)
Nissan's Tiida hits the road (eKantipur.com)
Investors’ confidence in stock market dips : Share transaction value in millions (The Himalayan Time)
NOM resumes its operation (The Himalayan Time)
Sujalgum comes to market (The Himalayan Time)
Aug 14
Petrol supply situation worsens (eKantipur.com)
Vehicle registration up by 37.6 pc (eKantipur.com)
Biz News Summary (eKantipur.com)
CNI to organise Hydropower Mart 2006 (Nepalbiznews.com)
Cabinet decides to put on NRN bill to HoR; no dual citizen now (Nepalbiznews.com)
Tea gardens in eastern Nepal on halt (Nepalbiznews.com)
Pilots express dissatisfaction over new regulatory for them (Nepalbiznews.com)
Turmoil over petroleum products persists in the capital (Nepalbiznews.com)
Modeling emerges as a new career option (Nepalbiznews.com)
Industrial sector performs poorly (The Himalayan Time)
KBL unveils new scheme (The Himalayan Time)
United World Trade Centre to open from September 22 (The Himalayan Time)
Gautam new GM at Sajha Prakashan (RSS)
MPs discuss health budget (RSS)
AIDS may cripple S Asia, warns WB (RSS)
Aug 15
53 groups default Rs 25b with banks (eKantipur.com)
NRB declares NCSIDB a 'troubled bank' (eKantipur.com)
Petrol crisis persists in Valley (eKantipur.com)
Freelance agents swindle Rs 158m (eKantipur.com)
‘Govt serious in promoting tourism’ (eKantipur.com)
Tea workers' protest in full swing (eKantipur.com)
PM promises adequate fertilizer supply (eKantipur.com)
Biz News Summary (eKantipur.com)
53 groups default Rs 25b with banks (eKantipur.com)
NRB declares NCSIDB a 'troubled bank' (eKantipur.com)
Petrol crisis persists in Valley (eKantipur.com)
Freelance agents swindle Rs 158m (eKantipur.com)
‘Govt serious in promoting tourism’ (eKantipur.com)
Tea workers' protest in full swing (eKantipur.com)
PM promises adequate fertilizer supply (eKantipur.com)
Biz News Summary (eKantipur.com)
India to treble development assistance (Nepalbiznews.com)
Government indifferent to NOC losses (Nepalnews.com)
Aug 16
50 Nepalis stranded in Malaysia, demand action against manpower companies (eKantipur.com)
53 groups default Rs 25b with banks (eKantipur.com)
26,000 health workers to go on strike from Thursday (eKantipur.com)
NRB declares NCSIDB a 'troubled bank' (eKantipur.com)
Workers threaten to shut down Khimti Hydel Project (eKantipur.com)
NCSIDB declared troubled bank (Nepalbiznews.com)
More efforts essential to meet MDGs' target: Experts (Nepalbiznews.com)
NRB directed to disclose loan defaulters; 53 defaulters yet to pay Rs 15.2 billion (Nepalbiznews.com)
Aug 17
Load shedding from Sept 1 (eKantipur.com)
Height of injustice (eKantipur.com)
Bank shares at stock market overvalued: official (eKantipur.com)
Indian leader assures for railway extension (Nepalbiznews.com)
Transporters halt trade via Nepalgunj customs (Nepalbiznews.com)
Tea workers' agitation continues (Nepalbiznews.com)
South Korea exploits migrant workers: AI (Nepalnews.com)
NPC irrelevant, restructure it: Experts (Nepalnews.com)
Government endorses Biotechnology Policy-2063 (Nepalnews.com)
Aid to Nepal grows to Rs 93b (The Himalayan Time)
Biz Briefs (The Himalayan Time)
Aug 18
Banks' outstanding dues around Rs 28 b : Finance Minister (Nepalbiznews.com)
Tourism industry needs to seize upcoming arrival season (Nepalbiznews.com)
Load-shedding to hit hard consumers; NEA in turmoil unveils the White Paper Biz News (Nepalbiznews.com)
NATO elects new executive committee (Nepalnews.com)
Aug 19
China bank to invest $1b in West Seti (eKantipur.com)
BANK DEFAULTERS: Govt to take strong action after deadline (eKantipur.com)
Petroleum price hike triggers nationwide protest (eKantipur.com)
Aug 20
Weak monsoon hits Terai paddy plantation (eKantipur.com)
Nepse sheds 3.79 points (eKantipur.com)
Govt withdraws fuel price hike (6:45 p.m.) (Nepalnews.com)
Aug 21
Petro dealers on nationwide strike (eKantipur.com)
Nepal-India trade talks from this week (eKantipur.com)
Exports from eastern region plummet (eKantipur.com)
RBB registers profit by 1.68 billion Biz News (Nepalbiznews.com)
Thoppal Khola Hydropower to produce electricity within 3 months (Nepalbiznews.com)
Indo Nepal inter governmental committee for trade promotion (Nepalbiznews.com)
'NOC is bankrupt' (Nepalnews.com)
Aug 22
'Lack of suitable laws mar irrigation sector' (eKantipur.com)
Arrest warrants issued against NCSIDB officials (eKantipur.com)
Nepal-India trade meet begins (eKantipur.com)
‘No wage hike without subsidy’ (eKantipur.com)
Hydro Power Invest Mart kicks off (Nepalbiznews.com)
Aug 23
Fuel supply yet to normalize (eKantipur.com)
Inmarsat satcom service launched (eKantipur.com)
Parliament passes budget (Nepalbiznews.com)
Food production to fall; Paddy waning across the nation (Nepalbiznews.com)
SWC approves an annual budget of about 68 m (Nepalbiznews.com)
Nepal-India talks to focus on trade balance (Nepalnews.com)
Asian countries may face shortage of water: Report (Nepalnews.com)
Aug 24
Nepal proposes route for Sino-India trade (eKantipur.com)
Rs 200m relief package for farmers (eKantipur.com)
Govt fixes minimum wages (eKantipur.com)
12 parties sign accord to produce 45 MW electricity (Nepalbiznews.com)
Aug 25
NEA hemorrhages Rs 1.75b as suppliers pocket Rs 1.4b (eKantipur.com)
Comprehensive economic partnership proposed (eKantipur.com)
Cabinet endorses Public Procurement Act (eKantipur.com)
Thailand luring more and more Nepalis (eKantipur.com)
Biz News Brief (eKantipur.com)
Government tables NRN bill before HoR (Nepalbiznews.com)
CEO’s forum set up for initiating policy dialogue (Nepalbiznews.com)
PAC, NRB governor discuss bad loans (Himalaya Times)
BRAND WATCH : LG launches Chocolate phone (Himalaya Times)
Biz News Brief (Himalaya Times)
Human development is more important than poverty reduction: Kahane (Nepalnews.com)
Development works hit after Maoists interfere (RSS)
'Govt to appeal to donors for assistance to farmers' (RSS)
Aug 26
Stock market sheds 4.86 points (eKantipur.com
Rupee weakens against US$, bullion up (eKantipur.com)
Biz News Brief (eKantipur.com)
IGC concludes bilateral trade enhancement (Nepalbiznews.com)
Telecom reduced call charge (Nepalbiznews.com)
NRB governor clarifies PAC on outstanding loans (RSS)
Aug 27
NEA chief interrogated (eKantipur.com)
Interview with Mr Dev Bahadur Gurung (eKantipur.com)
Spectrum's exclusive fitness showroom (eKantipur.com)
Biz News Brief (eKantipur.com)
Tea strike called off (Nepalbiznews.com)
Nepal Gears Up for Tourism (ohmynews.com)
Aug 28
US government extends 32.8 million assistance (Nepalbiznews.com)
China to extend railway link towards Nepal border (Nepalbiznews.com)
Royals possess 18 big companies and hotels (Nepalbiznews.com)
Nepal to host BIMSTEC tourism ministerial meet (Nepalbiznews.com)
Cabinet passes Public Procurement Act (Nepalbiznews.com)
MoF to take stock of all ministries (Himalaya Times)
SMBFL turns two (Himalaya Times)
Aug 29
Dr Pokharel new NPC Vice-chairman (eKantipur.com)
Insolvency Act tabled, protects lender interest (eKantipur.com)
Regional action plan mooted for tourism development (eKantipur.com)
Tea estates resume operation (eKantipur.com)
Rs 4.09b ADB grant for roads (eKantipur.com)
‘Robust growth fails to tackle unemployment’ (eKantipur.com)
Biz News Brief (eKantipur.com)
Strike shuts down Pokhara Industries (Nepalbiznews.com)
Revenue collection surges by 11.3 percent (Nepalbiznews.com)
Aug 30
Sorry visitors, all plane seats are booked (eKantipur.com)
India may include Nepal in LTC list (eKantipur.com)
Gratitude lacking among Nepali officials (eKantipur.com)
Businessmen decry double taxation (eKantipur.com)
Biz News Brief (eKantipur.com)
World Bank boycotts CNI; HoR passes debt recovery bill (Nepalbiznews.com)
Auditor General’s report exposes irregularities (Nepalbiznews.com)
ADB pleads 4.0 b to Nepal; Japan approves Rs.120 m (Nepalbiznews.com)
Aug 31
Nepal urges China to allow chartered flights (eKantipur.com)
Alico told to settle Chiluwal claim (eKantipur.com)
Biz News Brief (eKantipur.com)
Stock investors call for liberal capital market (Nepalbiznews.com)
Govt orders to stop limestone excavation Biz News (Nepalbiznews.com)
Sunrise Towers unveiled (Himalaya Times)
