Saturday, December 19, 2009

2009: December

Dec 1
Fast track road project awaits chief
9 Nepal launches car rental service
Govt moots subsidy for organic fertilizer factory
No loan for NAC without govt guarantee: EPF
Star hotels continue to be hit by agitation
Support us in anti-corruption drive, FM asks donors
Work on int'l airport in Pokhara commences
Petroleum shortage hits nation
Nepal to receive USD120 million for SSRP
Tourist arrivals continue to soar
Mega bank appoints Anil Keshari Shah as its CEO
Increment of 40pc in salary and 100pc allowance for the workers at Hotels

Dec 2
Dealers call for talks as fuel shortage deepens
Petroleum supply to resume Thursday
Sikta Phase-I nears completion
Work on Upper Tamakoshi to commence from June 10

Dec 3
Jumla is free from power cuts
Thai to increase Nepal flights
Fuel supply yet to resume in east
Capital gains tax\ evasion rife in realty transaction
Amlekhgunj-Raxaul JV model won't work, says IOC
Jet Airways starts Mumbai-Kathmandu flight
Betel nuts being imported illegally
Franchise trade show starts on Dec 16
Interaction Programme on Diaspora and Development in London

Dec 4
Pepsi production halts since last Friday
December begins with bear run
Rupee gains, gold records major upheavals
Govt urged to expedite reforms, formulate new policies
MOF seeks clarification from NAC
Tanker drivers end strike
Etihad to commence daily flights
Donors bemoan coercion in bid process
FNCSI set to hold 10th Cottage Industry Fair
Efforts underway to end strike in star hotels

Dec 5
Pokhara to host 11th Street Festival
RITES proposes railway alignment
Agriculture research works hit

Dec 6
Lumbini Bank profit up 53 pc
Gold price down to Rs 33,000 per Tola
Janakpur Airport to be upgraded
Agencies told to collect Rs 50,000 per worker
Banke reeling under 'donation terror'
RBS tops average share price list

Dec 7
Govt mulls revision in privatization policy
Over 75 pc listed companies ignoring fiscal discipline
WTO, WIPO to lend assistance worth Rs 120 m
Bullion market reeling under fluctuation
Load-shedding to be extended to 28 hours a week

Dec 8
MoF takes clarifications from minister, NAC boss
Diesel shortage in Kathmandu
'Hike import duty to check traffic jam'
TIA management to be handed over to int'l firm
NOC suspends all employees in Amlekhgunj depot
Micro hydro in Lamjung

Dec 9
Number of Nepali domestic helps in Hong Kong dwindles
High remittance flow draws banks to Pokhara
Nepse gains 7.22 points
Korea softens workers visa policy
Fuel supply to ease only from Tuesday
Subsidy on seed production on cards
FM asks investors to zero in on long-term gains
Construction of new airport commences in Pokhara

Dec 10
Nepse to allow stock brokers operate outside the Valley
Exports drop 17 pc as key commodities fail
Pokhara opens new trekking trail
Govt urges agencies to start sending process to Japan
Vegetable prices fall
Govt admits bleak outlook of industrial sector
Developing Nepal’s Infrastructure: Feedback Ventures Nepal

Dec 11
IOC quizzes NOC on Essar talks
Rupee weakens, gold price falls
NT to sell prepaid SIM at TIA
October inflation 9.3%
Eighty Nepali labourers waging legal battle in Qatar
'Families of those killed during insurgency will get compensation'
4 hrs daily load-shedding from Saturday

Dec 12
NOC flouts regulations to serve new tanker operations
Department stores have big time in east

Dec 13
Deck clear for intl banks to open Nepal branch
Nepse in green zone
SpiceJet announces its foray into Nepal
NEPSE, CDSL to sign MoU

Dec 14
Govt to shield investors from non-commercial risks
Birgunj Customs recovers duty, penalty from tankers
MoFA staffers eye labor attache posts
'Unfettered investment into real estate dangerous'
Paddy production down in Dang
Nepal Business Forum (NBF) to promote business and investment climate

Dec 15
NAC flouted procurement law over Airbus: PPMO
Nepse sheds 5.93 points
Flydubai starts service to KTM
Govt draws flak for ignoring migrant workers in India
No easy fuel supply until weekend
Imroved supplies push veg prices down
Alpine Air to commence regional flights
Nepal to lead least developed countries (LDCs) group
SEBON initiates SDMS implementation
Allocation if Mahakali IPO

Dec 16
Private sector to defy all strikes
US company shows interest in Tamorkhola hydel
Maoists capture acres of land across the country
Privatization of NEPSE will bolster its growth, points out study
SCBL tops maximum share price list
NRB changes credit policy
Increasing consumption of imported fruits
Cheap imports hit slipper factories

Dec 17
NT slashes post-paid mobile monthly charges
Personal PAN distributed in Pokhara
Govt could intervene to tide over liquidity crunch
Gold alluring more depositors
Crisis stalks economy amid calls to tame consumption
Veg production up despite drought, floods
NOC chief steered foul play
Court gives nod to liquidate Nepal Dev bank
NCC earned net profit of Rs. 565m

Dec 18
Auto, housing loans to cost more
NRB imposes 25 pc cap on realty loans
Govt to cap cooperatives loans in housing, real estate
Inflation moderates, food costlier
Biz community imposes no work, no pay
Patan court endorses liquidation of NDB
80 thousand Nepalis workers in Gulf region illegal
Meanwhile, the economy...
World Bank to provide 45 million dollar to Nepal for rural road
Nepal to seduce China for Huge Investments: Reports

Dec 19
NRB cap won't have much impact on banks
Maoist-goverment talks fail, three-day Nepal closure from Sunday
Royal Merchant to provide 10 pc bonus
WFP tells govt to up investment in agro sector

Dec 20
Realty market casts depressed look
NIC to give 15 pc bonus shares
Bandh cripples life across nation as Maoist activists engage in vandalism and attacks
Dozens of goods carriers stranded in Khasa
Finance Ministry reluctant to remove LPG VAT
Biratnagar Expo to begin from Jan 19
Revenue collection of the government increased by 36.01 pc
NRB checks won't slowdown realty business: Developers

Dec 21
Nepal told to upgrade Asian Highway
Banda hits vegetables vendors
Borrowers strike for loans waiver
Steel, cement prices go up
Captured Nepali containers released in Khasa
Bandh hits normal life for 2nd consecutive day as govt warns strike could put peace in peril
'Political commitment must for success of NTY 2011'
IPO of Sewa Development Bank Ltd.

Dec 22
NFC gears up for modern food lab
Trade Unions Against No Work No Pay Policy
Chicken dearer by Rs 15 per kg
Banda hits vegetable trading
APTA invites Nepal to join trading bloc
Maoists conclude three-day nationwide strike
Foreign employment on the rise
Opposition party protest leaves indelible mark on Nepal's economy
NTY 2011 success depends upon political commitments

Dec 23
Malaysia shuts door for Nepali security guards
MoF, NRB team up to strengthen DoC
Chitawon Milk to start production in Jan
Load shedding hours to increase to six hours a day from next week
UN allocates $ 6 m to alleviate Nepal's food insecurity
IRD set to provide online PAN facility
B'desh offer to end Nepal's dependence on Indian ports
Nepal ranks first in EPS set by Korea
Nepal to seek investment in hydro, infrastructure from China
25th Years of ‘Muna Tea’

Dec 24
Govt to monitor realtors' landholding
Petroleum supply regular: NOC
Govt mulls decentralization of foreign employment services
Inter-bank rate hits the roof as big depositors hold fund
ADBL set to commence LC and online banking service
Nepal eyes Chinese assistance in myriad fronts
NTB scaling up its efforts for NTY 2011

Dec 25
MoF to study Airbus deal
Auto loans record strong growth
Nepse continues bull run
Cut in trade gap urgent but difficult
143 new industries registered in Morang
Morang businessmen to launch agitation against extended power outage
Local body strike enters day 11 as Ktm turns into garbage city
Finance Minister confident of collecting 40 pc more revenue this year

Dec 26
Gold loses its glitter

Dec 27
China offers LDCs zero tariff on 438 items
Agencies snub institutional channel
Consumption spurt propels revenue
Eastern Regional Festival from January
Govt, agitating employees reach agreement, strike withdrawn
TIA faces power cut for second consecutive day
NRB for special act on deposit insurance
High time for Nepali tea
Star hotels turning to local veggies, replacing foreign ones

Dec 28
Improved supplies push veg prices down
Pokhara street festival starts
Higher Secondary Schools open
Capital Expo 2009 concludes
PAC instructs NAC to cancel aircraft purchase bid
NRB's curb on realty and its impact
Six arrested with fake Nepali currency notes
Chinese company agrees to invest 51 percent in West Seti Hydro-project
New industrial policy peeves tourism sector
2010 could be a year that sparks unrest

Dec 29
Tough action sought against corrupt officials
Fake vouchers in use to evade tax
IME to sell Chinese vehicles
Pulses, sugar prices see sharp rise
Pumps owners admit wrongdoing
Minimum salary of Nepali workers in Qatar to be increased
HLCIT set to unravel real picture of ICT Industry
Liquidity crunch continues to persist

Dec 30
Panel for replacing 15-year-old vehicles from Valley
Load sheding 51 hours a week; 12 hours a day likely from next month
Economy heading towards crisis: Dr Mahat
Gas price to go up
New industrial policy says ‘no work, no pay’
DoR in need of more money

Dec 31
Govt to take action against large taxpayers defaulting VAT
Supply restriction push chicken prices up
Govt to open 13 tax service centers in Valley
RITES suggests broad gauge lines
Visit Nagarkot announced