Sunday, April 11, 2010

2010: April

Apr 1
Developers keeping PPA signing on hold
Honoring creativity
Laxmi Bank turns nine
Govt stops issuing new passport; remittance likely to be hit
Tackle food deficit by increasing agricultural production'
Economy is under control, says NRB chief
Services at TUTH resume after 18 days
Economic development not possible without widening tax net'
UK raises visa fees
Govt releases new income tax guideline

Apr 2
NRB introduces refinancing for productive sectors
Ghorahi cement to start production by mid-2011
Maoists demand Rs 2 million per head for combatants to pull out from integration
Tourist arrivals see steady growth
MRPs to be introduced only by the end of June
Foreign exchange facility

Apr 3
Indian hydropower investors want security guaranteed
Govt mulls banning strike in industries
ADBL's mega IPO from Sunday
Fishtail eyes int'l markets
EBL's profit up
NRB decision draws gold dealers' flak
Dev expenditure dismal
Govt will not allow urban home-stay
‘Holidays are increasing cost for business’

Apr 4
Price hike in LPG likely
US welcomes Nepal's effort to boost bilateral trade, economic ties
Realty developers' concern
NRB to expand banking to rural areas: Governor
Goat supply to Valley down
Govt is committed towards reforming customs administration, claims Bhandari
Fuel price to go further up in mid-April
Broadband suggested for rural connectivity
Guv clueless on imported goods
Criteria set for hydro investment
Shangri-La to invest in animal husbandry

Apr 5
Govt mulls allowing NRNs to invest in stock market
MOF readying supplement budget
Price of meat products stable
Fostering partnership through CSR
Malaysian envoy seeks cooperation from manpower agencies
NARC to conduct research on defective seeds
House panel directs govt to stop rampant plotting
MRP printing given to India due to political pressure: PM Nepal
NRB governor asks people to trust banking system
Living Goddess' aims to work in the financial sector
Passport distribution resumes
10kg isn’t enough, say gold traders
New trial traffic schedule for tankers

Apr 6
Govt to support int'l trademark registration for tea, coffee
ADBL's IPO oversubscribed by 150%
NFC halts food supply to hilly districts
Govt plans to construct micro-hydro plants in each VDC
Govt set to reshape consumer law
SC moved against MRP contract
No fee proposals from pvt schools
Garment export declines further

Apr 7
Nepal-US trade talks begin
Underdeveloped fire infrastructure: A hindrance to housing development
Veg, fruits selling dearer as supply drops
Govt positive on buying aircraft for NAC
Food corporation selling date-expired cooking oil
Dynamic Air to embark upon international flights
SC orders govt to suspend MRP printing contract
NLIC becomes institutional life agent of BoA
Nepal's gloomy economic outlook worsens
China to grant zero-tariff to Nepal

Apr 8
Permit one more mobile operator, NTA told
NRB tightens rules on new BFIs
Nepal, US agree to sign new trade pact
Eastern Apartment sees encouraging bookings
Beehive briquettes emerging as alternative cooking fuel
Govt to divest shares of eight PEs to public
US investors interested in hydro, financial sector
MJF bandh affects normal life in Terai
TIA carrying out RADAR maintenance after six years
Intra regional trade needed to overcome poverty
Govt urged to ensure security to businessmen
ADB-funded irrigation project in limbo
Fertile land lost to real estate in Morang
Insecurity behind sluggish economy
No recovery in Nepal’s BoP deficit

Apr 9
Sudan Embezzlement
NRB pumps Rs 4.96b into banking system

Apr 10
Project to expand poor's access to financial services
Private sector rues govt apathy
Shangri-La to manage five-star hotel in Tibet
Lentil price up, edible oil unchanged, sugar cheaper
NOC defers introduction of Euro III fuel
New hope for Gulf job aspirants
Humla facing food crisis
Banks’ credits higher than deposits

Apr 11
Qatar to help train Nepali workers
More hotels coming to Chitwan, Pokhara
Chitawon Milk starts production
Govt preparing to buy NAL's products
Popular health screening packages
PM assures govt support for floral development
Govt turning deaf ear to concerns of business sector: FNCCI
NEA employees to fight power leakage
Dr Pokharel appointed NPC vice-chair
NTB, businesspersons urge Maoists to withdraw bandh
Govt revokes MRP printing contract given to India
Revenue dept freezes firm accounts
Broadband Policy to be finalised

Apr 12
NPC finalizes three-year investment plan
Annapurna Finance to be Dev Bank
Drought hits tea productions
Contractors for relaxing qualification criteria
'Phase out transport subsidy in five yrs'
Fire engulfs carton factory in Chitwan
Tunnel construction of Melamchi drinking water project resumes
US $81,560 collected by issuing TIMS cards
Chickens imported illegally in Kanchanpur
MoU inked to boost business with US
ICT Info-Trade 2010 from July 1
Stone export okayed in limited quantities
Plan for use of infrastructure is no-go
NRB tightens grip on IC exchange

Apr 13
Economic gloom to continue in 2010: ADB
Pokhara hoteliers on expansion spree
NRB fixing industrial lending rate at 10.5 pc: Governor
Lab to test quality of metal handircraft on cards
Food court culture on the rise
NTY-2011 officially launched in Pokhara
PM Nepal not happy with efforts to reduce country's poverty
Govt spending below budget
Four banks get OK to import gold

Apr 14
Destination Manang 2010 inauguration on Thursday
NRB sets deadline to lower multiple ownership in banks
Food shortage hits far-western districts

Apr 15
Cash removed from farm relief package
Germany to take back obsolete pesticides

Apr 16
Check payment must in property deals over Rs 5m
Revised relief proposed for maize failure
Make Pokhara a special tourism zone: entrepreneurs
'Need to distinguish bankers from borrowers'
NRB issues new rules for right share transfer
Ncell reduces GPRS tariff by 70 pc
Hike in fuel costs to further escalate food prices
Govt resumes payment to PLA
NOC to suffer loss of more than Rs 500 million
Plan to mitigate electricity crisis
Hydel plants left high and dry

Apr 17
AAN, NMS agreement turns ineffective
NOC pushes early start to pipeline work
Govt opens Uganda as 108th labor destination
SAC sub-committee summons Sitaula, Mainali on Sudan scam
Buddha Air negotiates to start flight to Paro
NEA revival line floated
Govt self-employment scheme to kick off

Apr 18
Tourism entrepreneurs request concessional visas fee for stuck tourists
18.5 pc rise in Nepali workers leaving for jobs abroad
IFC partners with CEDBL
Revenue collection grows by 28.2 pc
Sand and pebbles worth Rs. 80 million exported from Tanahun district
Growth of remittance down by 46.68 pc
No bank in crisis says Central Bank
Faster internet by mid-May

Apr 19
Concessional visa fee for stuck tourists
Govt told to provide subsidy to tea, coffee farmers
Realty transactions down one-third in Q3
Maoists planning to launch broadsheet, TV channel
FNCCI bemoans liquidity crunch, higher interest rate
Foreign employment market sees recovery
NRB's green signal to NGSDA to import silver
Fee hike: Pro-Reds shut pvt schools
Micro-hydro centre’s born

Apr 20
MoF seeks concept paper to divest shares of 8 PEs
Unity's dubious operation rakes in Rs 6 billion
PEs borrow Rs 1.06b in 10 months
Cabinet panel okays new industrial policy
Guna unveils new apartments
Maoist student wing padlocks accounts section of private schools
'Private sector making efforts to generate 100 MW of alternative energy'
Siddhartha Insurance launches new insurance policy
Experts predict good monsoon

Apr 21
Poor connectivity hits tourism in Manang
Nepali firm bags multi-million dollar US deal
Unity's business model 'flawed', claims 'hoax'
‘Expedite economic integration to diffuse political differences’

Apr 22
IMF expects 4 pc growth in 2011
Petroleum prices up
NAC starts Manang-Jomsong flights
Kingfisher to commence Kathmandu-Delhi flights
Govt projects in limbo (RPP)
'IE can be leveraged to boost economic growth'
PABSON defends fee hike; wants govt to scrap education tax
No new licences for DTH TV to be issued
Banking sector sees Rs 12bn go poof!

Apr 23
Kuber Foods products in market
Major reforms proposed in NEA
Nepal to push for duty reduction, easy vehicular movement
NOC hikes prices of petro-products; transport fare also hiked
Purchase plan of two aircraft in limbo
Government to provide Rs. 386 million to Karnali region for tourism

Apr 24
India to completely stop tea imports from Nepal
Oil theft case handed over to CIAA
Donation drive up in travel sector
Buddha cradle lies bleeding

Apr 25
Inadequate supplies push veg, fruit prices up
Economy recovery motion registered
Standard Chartered, IFC sign deal to boost trade finance
Housing sector faces shortage of workforce
Maoist student wing closes private schools across the country
Salt Trading selling sugar at more higher price
New policy on acquisition soon
Tea processing plant to be built in Solma

Apr 26
Upscale cinema market growing
Upper Tamakoshi, NEA sign PPA
DoFE flouts existing provisions
'Political disputes stifling greater economic integration amongst SAARC countries'
'Banks are trying to make very high profit from imported yellow metal'
UCPN (M) announces indefinite general strike from May 2
Outflow of Nepali migrant labourers posts sound growth
21st Industrial expo draws 150k visitors
Rs 6b sought for road maintenance
SAARC leaders urged for food security
Banks drawing loan defaulters into net

Apr 27
India to upgrade Dakshinkali-Kulekhani road
NRB cuts export refinance rates
Govt takes stock of supplies situation
Donors skeptic on employment target
There will be no scarcity of LP gas, says GDFN
Strike call terror spurs buying spree
BOP situation worsens
Domestic oil industries on the verge of collapse
Import down at Tatopani transit, revenue hit

Apr 28
Local IT firms outsourcing lucrative European deals
Wholesale market of gold resumes
Truckers reintroduce syndicate system
Govt opens two new revenue check posts
Panel tells govt to set conditions for EPF loan
Priority in financial sector to rural areas: NRB gov
FM Pandey forwards Rs 300 billion budget
Janata Bank comes into operations
Exporters distressed at indefinite strike
Cyber cafes power woes

Apr 29
Unity figure omits int'l operations
Land transactions come to a halt
Politics in bridge construction
Govt calls Maoist students for talks on private school closure
Govt spending increases to Rs 121.43 billion
'Bankers need to follow scientific pricing system while fixing price of gold'
ANNISU-R calls off strike as private school operators agree to withdraw fee hike
Labour Department demands Rs 90.50 million for upcoming FY
Foul play in Upper Tamakoshi
Labour attachés in six nations proposed

Apr 30
Exports drop 8 percent
NOC curtails petrol supply
Micro hydel illuminates Lukla
Bottlers Nepal on expansion spree
Nepal, UAE ink pact to boost cooperation
Nepal wants to use Mongla, Chittagong ports to boost its trade
HLCIT to develop GEA and e-Service portal
Maoists' forced donation campaign wrecks major business areas in Kathmandu
Entrepreneurs down shop shutters to evade donation campaign