Thursday, March 4, 2010

2010: March

Mar 1
Govt fixes minimum salary for overseas workers
Nepse strike ends
LPG bottlers refuse to withdraw strike
Stock trading kicks off in Pokhara
Tourist arrival up 33 pc in Feb*
India provides Rs 10.92 million to NEPSE
Japan approves Rs 320 million for implementing five projects

Mar 2
Govt mulling over relief package for exporters
Restaurants mull rise in menu prices
LPG bottlers end strike*
Young Nepali 3D Animators
Business community gives one month ultimatum to govt
Insurance industry witnessing growing lawsuits

Mar 3
Let investors keep armed security guards: FNCC
Gold import crosses 14 tons*
Job opportunities on the rise in HK
NRB becomes further strict on gold import
Infrastructure to give bonus shares and dividend
Nepal, Bangladesh to hold trade talk
Low-cost housing needs more money
NRB, ICAN reach agreement
Securities Board conflict, chairman seeks clarification
Liquidity mgmt poor: NRB

Mar 4
New measures to boost capital expenditure
Quality of some telecom operators poor: NTA
Nepal, India finalize investment protection agreement
Kuwaiti monarch seeks Nepali guards
Global Bank, Yeti Airlines sign deal for e-ticketing
Marwari community threatens to quit Nepal if security not improved

Mar 5
DRI to move court over multi-million dollar capital flight
GDP expected to grow only 3.5 percent
Import of various Indian cement brands banned
Pharma Expo kicks off
Himalayas Spring Water puts off investment plan
DRI files case against capital-flight accused
NEPSE ventures into Biratnagar
No need to fear about birdflue, says govt
NIBL now in Sarlahi

Mar 6
Garment exports continue to fall
Economy in the red
Big Four's net profits up 13 pc in Q2
New rice, maize varieties ready
NC, UML fail to pick NRB governor

Mar 7
Govt eases duty, tax to curb inflation
Some rise in lending rates justifiable: IMF
Vegetable farms being destroyed for plotting
Korean firm to conduct DFS
Yeti Airlines will be driven by market necessity'
Flow of foreign investment falters
Maoists continue to capture private land

Mar 8
Govt targets to invest Rs 805b in next three years
Minister flays parties for industrial gloom
Take steps to tackle looming crisis, IMF tells govt
Vegetables, fruits further cheaper
Korean company to do feasibility study on second int'l airport
Biratnagar NEA padlocked
Nepal may see slower growth in remittance
Trade deficit increases by 58.4 percent

Mar 9
Bank promoters biggest borrowers of margin lending
Court extends Poudel's detention over capital flight
NTY hoarding board in Los Angeles
Home stay procedures at final stage
MoF nod to appoint four more labor attaches
MoI pushes for duty concessions, diesel subsidy for industries
PABSON elects new ex-com
Export of agro products increases
HR meet to take place on March 26
PM to provide land for show-casing handicraft products
WSH officers oppose abrupt suspension of the project
LDCs should be integral part in int'l agenda'

Mar 10
MoF okays APF recruitment
Vishwakarma Cements to operate mine-based plant in Dang
Food vendors for proper mgmt of night market
Kuwait to act tough
Nepal gets demands for industrial trainees from Japan
UTL launches pre-paid service
Govt not to pay for Jha’s India ‘pilgrimage’
Agencies appeal for Rs 9 billion humanitarian aid for Nepal

Mar 11
Army seeks Rs 118b for strategic plan
Alico seeks permission for ownership transfer
NT suspends four staffers for misconduct
Another media entrepreneur gets death threat
Dang to see first mid-west ring road
‘Pokhara is the most expensive place to live’
ADB to provide Rs. 5040 million for Energy efficiency improvement
NTB developing infrastructure for NTY 2011
Land developers say they are not to blame for liquidity crunch

Mar 12
Trade deficit widens by record 60 pc
Govt opens re-export to third country
Revise cap, interest rate on realty loans: Developers
Increment in lending rate affecting realty
Inflation shows no sign of mitigation
NEA raises 'load-shedding' hrs to 12, also plans to raise electricity tariff by 30 pc
NEPSE steps out to Narayangadh
PAC again directs foreign ministry to give MRP printing contract on competition PAC again directs foreign ministry to give MRP printing contract on competition

Mar 13
Growing consumption of bakery products
Plan to increase export, decrease import: Minister
Korea to hire 4,000 Nepalis this year
Maoists target Annapurna trek as NTY nears
Nepal, Israel to sign pact on agriculture
Nepal to discuss trade pact, push for zero tariff facility
Maoists shut Bheri-Karnali
Inflation stands at 12 pc, revenue and foreign grants increase
Fraud-accused Maoist CA member gets party's boot

Mar 14
Prices of petro products hiked
NT's daily earning touches Rs 70 million
Massive expansion planned for TIA

Mar 15
Nepal to take China's zero-tariff offer

Mar 16
Ministry of Finance gives nod to ownership restructuring
Major roads deteriorating
Face value of listed shares up four fold in five years
Nepal, Bhutan to discuss on duty-free trade

Mar 17
Officials agree for preferential trade treaty
Prices of popular commodities ease Prices of popular commodities ease
CAAN preparing to reopen Rajbiraj airport
Registration of fraud cases on the rise
SEBON office padlocked

Mar 18
Second CAN-Infotech kicks off
Nepal, Israel sign agri pact
Foreign trekkers face TIMS levy

Mar 19
Sony offers Nepalis 2,000 jobs
MoI pushes for new mechanism to address business constraints
Boarding schools set to hike fee

Mar 20
Going 3G in cell telephony
Fruits dearer
Summer crop production falls
Nepali overseas workers increase 9.7 pc in 8 months
‘Koirala ushered in economic liberalisation’
‘The banking system is facing liquidity crunch, not the whole economy’

Mar 21
GP Koirala: Architect of Nepal's liberal economic policy
Cartel sparks shortage of chicks
Govt preparing to acquire 100k tons fertilizer from India
Gas traders annul agitation
Strike in east called off
NAC is revitalizing itself'
Decline in summer production augments food insecurity'

Mar 22
Pokhara set to welcome half a million visitors
CAAN staffers warn to halt TIA operation
Big' co-ops told to submit financial, reform plan
Govt to raise budget for road construction
Price of off-season vegetable sees upsurge
Inflow of remittances declining

Mar 23
CAAN staffers suspend protests
Elephant safari major tourist attraction in Chitwan
SEBON-union talks fail
Malls see footfalls; business plunges
TUTH docs halt emergency services too
Counterfeit notes in Saptari market
New NRB governor promises to adopt proactive measures for monetary sector
TIMS Cards compulsory for foreign trekkers from April 1

Mar 24
Nepali workers exploited in Sudan
Amendment to Consumer Rights Act on cards
Bird flu detected in Banke
NTCDB planning to bolster coffee production
Industry Ministry proposes to mobilise 2500 AFP personnel for industrial security
Transportation workers bring Surkhet to halt

Mar 25
Nepali workers on warpath in S Arabia
Angry farmers descend on ministry with grainless maize
Norwegian envoy hands over hydro plant
Govt gives MRP contract to India

Mar 26
NRB bids adieu to former governor
KREC model to be replicated
Nepal, Bangladesh to hold secy level talks
Int'l seminar on FMIS kicks off
Hot air balloon flights in Pokhara from April

Mar 27
Traders seek provision on tariff facility
Tomato price trebles in a month
Tanker drivers stall oil distribution
Loadshedding hours reduced in view of SLC exams

Mar 28
IMF suggests standby credit for LICs
Sale of local chicken banned
Living Standards Survey begins
Australian company proposes Nepal's tourism master plan
Public transport fare hiked http://www.nepalnews.com/main/index.php/business-a-economy/5014-public-transport-fare-hiked.html
Faltering business sector has much to do with fragile politics, admits PM Nepal

Mar 29
500 Nepalis detained in a month in Malaysia
Locals ban outsiders from collecting Yarsagumba
ANTUF shuts down industries against murder of its leader
FNCCI appeals withdrawal of industrial shutdown
Power producers demand policy reform
Revenue collection crosses Rs 105b
NT profits up 31 pc
NRB allows micro finances to run general banking

Mar 30
Nepali mission seeks details of detained workers
Address industrial insecurity instantly: FNCCI to govt
Rs 200 million relief package for farmers
Govt okays APF deployment for industrial security
Indrawati Sub-Basin Project launched
Business community reminds PM of his pledge; withholds strike plan

Mar 31
Mauritius eyes Nepali workers
Govt nod sought for motorcycle taxis
Becoming self-sufficient in cement
India issues notice on duty revocation
Instability hurting confidence of banks'
SEBON concerned on sluggish market
Comen ventures into crude oil, natural gas contracts
TUTH docs agree to end strike, finally
Industrial output down due to constant strikes
40 districts in Nepal facing food deficit
Envoy for documentation of Nepali migrant workers