Sunday, January 10, 2010

2010: January

Jan 1
Slight growth in tourist arrivals in 2009
Two more international airlines to venture into Nepali skies
Siddhartha Development Bank to go nationwide
Door open for foreign banks to set up shop in Nepal

Jan 2
PM's China visit spurs investment in hydropower, banking
Call to stop haphazard land plotting
SoEs in red, seek green from govt
4 years on, SAFTA just damp squib
Sugar mill seized

Jan 3
'Visit kick started new business era'
Instability, contractors' apathy hit major road projects
Sick PEs will be liquidated: Pandey
Nepali tea pesticide residue within exportable limits

Jan 4
Cash crunch up, interbank lending rate 14pc
NTA gives NT's frequency to Smart Telecom
No new flights during daytime: TIA
NTY 2011 to be launched in February
Chemical fertilizer sale drops
Govt not in mood to pump more pennies into SoEs
Sunrise Bank declares 60 percent rights shares, Astel's new mobile

Jan 5
High inflation, BOP deficit major challenges: Governor
'EPA with Japan must to export skilled workforce'
Rise and fall of garment industry
MoCS takes step to ease LPG supply
Nepali banks have capacity to mitigate risks: Bhandari
Tourist arrivals see a marginal growth
Govt rejects former King's request to waive tax

Jan 6
Panel to recommend new governor
Sugar turns sour for consumers
NT bemoans lack of projects for investment
Million dollar car for President Yadav

Jan 7
NRB to inject additional Rs 5 billion
NFC demands additional Rs 530m as transport subsidy
Pvt sugar mills told to sell 50 pc of production to govt
Major banks raise retail lending rates
Realty deals through check face legal hurdle
Major economic indicators weakens further
Developers protest land ceiling on realty business

Jan 8
Govt makes foreign employment sector more disciplined
FNCCI inks deal to develop 45 mini hydro projects
Nepse protests NRB directives
Surya Nepal Garment shut down
Disease resistant wheat developed
Housing companies furious over NRB's ceiling on housing loans
Cooking gas price goes up

Jan 9
Bombay Stock Exchange eager to buy Nepse stock
40 pc cash margin must for gold imports
Prices of popular dry fruits up
Trishuli contract with Gezhouba in Feb
Govt revokes decision to monitor landholding
Search for NBL, RBB CEOs
Pashmina stands all wool and no shoddy

Jan 10
Nepalis sell property in Nepal to buy in US
'Political instability behind liquidity crunch'
Tour packages fail to lure domestic visitors
Cash crunch eases; borrowing rate likely to come down
Vegetable market to be expanded in Chobhar, Naubise
More tourists attracted to adventure activities
Cement factories face clinker shortage

Jan 11
Separate body on cards to boost sugarcane farming, sugar output
NOC told to check soaring fuel consumption
JFC asked to justify its cash demand
Dadeldhura land prices skyrocket
Deuba again points finger at Maoists for nation's dwindling economy
Nepali workers in Qatar get salary raise
Interests worry industrialists
Cap on lending upsets land speculators
NOC, IOC to decide pipeline modality

Jan 12
NTY strategic paper approved
NT reluctant to return frequency
Tax offices start knocking doors for house rental tax
'Future course of remittance flow still sketchy'
16th CAN Info Tech from Jan 13
Govt planning to privatise two state enterprises
Govt chalking out ways to counter cash crunch
Liquidity Crisis: Higher import duty likely
NT could give contract to ZTE

Jan 13
Employees without PAN may not get salary: FM
Bee-keepers want 50 ton sugar at subsidized rates
Nepal, Korea to renew EPS on Jan 18
Tussle between regulator and operator
Loadsheding for nine hours a day from next week
Finance Ministry wants ban imposed on eco exports to India lifted despite environmental concerns
AUDIO INTERVIEW: Min Bahadur Gurung

Jan 14
Stunted growth of Nepal's advertisement industry
Nepal to seek removal of all hindrances to exports
Governor Recommendation Committee constituted
Govt to check undue rise in lending rates
Travel people seek political commitments for NTY
Birgunj customs sees decline in exports
Central bank to take care of EPF, CIT
Tech Jamboree draws visitors in droves
Institutional depositors benefit from cash crunch
Lack of market rots potatoes
NRB releases NB Bank

Jan 15
Govt to allow PEs seek strategic partners
Feasibility study on East-West electric railway
Kolati-Deurali-Chisapani road completed

Jan 16
Task force suggests autonomy for proposed revenue board
Pact to modernize share trading
CDS system in 259 days
Chitawon Milk to give stake to farmers
Largest milk producer to start operation from Jan-end
Energy project set rolling after three year break
Sugar crisis forces factories to close
Brick price goes up

Jan 17
Bharat Petroleum eyes Nepal's fuel market
Chicken price touches Rs 260 per kg
Govt failed to sense looming crisis: Experts
Private mills to sell 5,000 ton sugar to govt
Nepali businessmen to invest on 3-D documentary
MoAC devises food security plan
CIT to invest 2 billion in Upper Tamakoshi
NIBL ties up with Samsara UK

Jan 18
Vegetable prices continue to go down
'Garbage main challenge for mountain tourism'
Nepal, Korea renew EPS pact
Three airline companies lose AOC
ZTE likely to supply NGN to NT
Cap on realty loans shows impact
Korea to renew job roster for waiting workers
Pradip Kumar Shrestha elected vice chair of SAARC chamber
Birgunj customs sees revenue collection surge of 52 pc
India perturbed by Nepal's poor business climate
Liquidity crunch hits Micro Finance Institutions (MFIs)
Liquidation process of NDB kicks off
SEBON to effect change in securities provision

Jan 19
Korea to renew job roster for waiting workers
Transporters snub call to deliver fertilizers
Discussion on No Work, No Pay
Credit card: Rising, albeit slowly
Agricultural Development Bank Ltd (ADBL) enters 43rd year of operations
SC scraps govt's incentive scheme to those marrying single women
Trading outside valley for all: NEPSE
Record cardamom price
NRB tightens screw on gold imports

Jan 20
Revenue collection up 34 pc in first half
SATO-Nepal concerned
200,000 new jobs every year: NPC
Inflation scales up to 11.3 pc
STC, NTL resume to sell sugar
Govt pushes for wage hike in foreign jobs
UML leaders pressure govt to pay chopper bills
Fiber-based items doing brisk business

Jan 21
Chyangra Pashmina trademark launched
TSA to assess tourism’s contribution to GDP
Poor may not get privileged identity cards
Departures of overseas workers up 3.27 pc
Four CNP resorts resume ops
Maoists capture more land

Jan 22
Four CNP resorts resume ops
Garbage resurfaces in Ktm as local body go on strike again
Pashmina's international trademark unveiled

Jan 23
NTL, STC to ease sugar supply
Bio-gas becomes popular in Kailali
Developers seek 'exemption' from ceiling on land size
Three municipalities to get support for income generation
CPN-Maoist (Matrika) cadres seize sugar mill
Reclaim loss amount from wrongdoers
400 Nepalis stranded in Malaysia
Financial sector is insulated from liquidity crunch, claims NRB
NT gears up to expand 3G service
Cooperatives under govt scrutiny: FM

Jan 24
Sugar smuggling from India hits revenue generation
Solahart celebrates 15 years in Nepal
RBB enters 45th year of operation
Confectioneries to raise price, lower output
No immediate plan to inject money in RBB: FM
Chinese arrivals picking up strongly
Nepal working for voluntary exit
Nepal to import 30 MW from India
NRB version of reason behind Liquidity Crunch

Jan 25
Economic issues overlooked'
Liquidity shortage re-emerges
‘Cooperatives must be put under NRB's scanner’
Chicken price doubles in Kanchanpur

Jan 26
Realty transactions, basic services hit
Govt suspects forex misappropriation in wool imports
Veg cheaper, fruits dearer
Herbal medicine firms on the rise
Govt to continue to sell sugar sans retailers
Siddhartha Bank posts Rs 243 million as operating profit
Five firms okayed to operate DTH service

Jan 27
Gairmukhi Development Bank
ADB shows interests in West Seti, again
CAAN suggested to split its operations
High-level taskforce formed to revive carpet industry
India promises to revoke additional duty
Mega dairy farm to start operation soon
NAL to come into jurisdiction of Health ministry
NRB files fraud charges against 2 bank chiefs
Cash crunch will soon be solved: FM Pandey
NEA increases load shedding to 11 hours a day

Jan 28
NRB offers three options to restructure NBL
Cement, steel prices jump
Nepal to sign air service agreement with Turkey
Differential credit policy, tariff hike mooted
Instability major obstacles for business'
GMR to talk with stake-holders, continues work in Upper Karnali
Industrialists bemoan bleak business climate
Agitating local body employees snub govt's talks offer

Jan 29
House panel propose 3-month ban on real estate transaction, land-plotting
Rural development banks in crisis
Economic growth will remain below 5 pc: NPC
MoFA to issue special IDs for NRN's
Vegetables price down upto 50pc
Industrialists threaten to shut firms over power-cut

Jan 30
US investors interested in Nepal
Chicken price hits new high
Panel to name new governor formed
KFC, Pizza Hut record largest restaurant turnover
Israel eyeing Nepal's telecom sector: Israeli envoy
MoF to quiz SEBON boss
Maoists giving Chitwan hoteliers hard time
PDB chief resigns, pressure on IDBL boss
Thapa takes reins of AOAN

Jan 31
World Bank invited to invest in Tamakoshi III
Realty market slows down across the country
Nano coming Nepal in March
Protest against Hetauda Cement
NT to venture into rural areas
Cash crunch spurs haggling for interest rates