Friday, May 14, 2010

2010: May

May 1
Maoist strike worries veg farmers
Six labor attaches appointed ignoring criteria
Liquidity crunch: Govt banks new lenders

May 2
Arrival marginally up in April
Nepal-Bangla trade talks put off
No trading on NEPSE floor
Travel sector girds up for survival
Banda punch knocks out businesses

May 3
Chitwan farmers throw veg on road
NEA to focus on reservoir-type projects
Tourism sector adopt one-door system for donation mobilization
All quiet on the business front
Maoist strike hits domestic airlines

May 4
Overseas workers bear the brunt of banda
Fees for hospital beds
Banda bleeds country dry
Strike causes shortage of essentials goods
Veg price drives folk bananas

May 5
Kalimati veg market runs out of stock
Clients demand refund within week
Maoist hints no relaxation to banks
Maoist general strike strangling business community
Maoists assault labourers for working during bandh in Pokhara
Scarcity of daily commodities looming large
Tourist arrival by air nosedives to a ‘record low’
Strike rubs salt on their wounds

May 6
Strike hits govt revenue collection
Major projects may face implementation setback
Closure slashes power cuts
General strike taking its toll on economy
Maoists to allow markets open from 6 pm to 10 pm; transportation of perishable products not to be obstructed

May 7
Nepse closed throughout the week
Unity asked to prove legality
Govt forms taskforce to ease supplies
Veg transportation resumes in Chitwan
Star hotels partially shut operations
Nation paralysed as Maoist called bandh enters sixth day
Inflow of remittance sees slower growth
Govt to deploy troops to ensure smooth supply of consumable items in Kathmandu
UCPN (M) withdraws general strike 'considering public woes and govt conspiracy'
Hydel plants in Sankhuwasabha done
Rs 15,000,000,000: Cost of band

May 8
Govt assures security for banks
Vegetable arrivals all time high in capital, fruits still scarce
Movie industry incurs Rs 27m loss
NRB may refinance banks this week
Livestock rearing a money spinner in Palpa

May 9
NAC stops flights to midwestern hill districts
NTY seeks Rs 220m for promos
Stock trading resumes
DRI penalizes Paragon school
2,000 tons of vegetables enter Valley
Prices of vegetables go down
21 Nepali nationals arrested in Malaysia
Udaypur Cement on verge of ruin

May 10
Govt shortlists 10 consultants for airport feasibilty study
Workers opting for informal mode to remit money
Govt preparing to revise labour laws
Promotional program to attract 300,000 tourists from India
NDC meet to be held on May 23-24
Kavre sees rapid growth in BFIs
IC crunch beats liquidity crisis
Depositors rush to Indian banks
Ncell offers corporate package
Data lack has experts fencing in dark
Rubber farming in Jhapa forests

May 11
NOC seeks Rs 1b loans from govt
Electronic driving license on cards
CIAA intervenes in labour attachee appointment case
Food crisis looms in Farwest
International airfares down 30pc
Nepal B’desh trade up
Dhaulagiri’s golden jubilee

May 12
Nepal invites US official to sign TIFA
Govt approves Rs150 m for food supply
'Food deficit will double next year'
Planning Commission proposes to spend Rs 118 bln for three yrs
NEA may face ‘bankruptcy’
Most schools pay teachers peanuts
Grain output drops by 4.33 percent
71 bridges to be completed this FY
Unions want strike days’ pay
Demand for ginger up in int’l market

May 13
Banks limit deposit interest rate to 12 pc
FNCCI gives parties two days for accord
Chicken, goat supply up, prices down
Nepal selected for US govt's Feed the Future initiative
NEPSE allowed appointing new stock brokers
Govt announces creation of 550 sq km Banke National Park
Nepal offers free visa to Everest summiteers
Land deals in Itahari decline

May 14
NRB's refinance for financial institutions from next week
Nepal, China sign zero-tariff deal
KLT examination for job seekers in Korea in July
Crushed: Ban on stone exports impact local crusher industries

May 15
Unregulated market of over the counter (OTC) drugs
Animal, chicken feed prices cut
Govt endorses new industrial policy
US jacks up assistance to Nepal
Unions seize pvt property
Dragon Air honours franchises
Cable guys gird for war
Rush for organic ginger
Farmers take to sunflower farming
'1.4 million landless people need 421,770 hectares of land'

May 16
Malaysia to curb hiring foreigners as security guar
Unity illegal: Gajurel
Pvt dairies raise milk prices
Prices of essential commodities stable
Truckers impose 'syndicate' system
Revenue record from passport issuance
NID card pilot scheme in limbo
Jobseekers grounded by passport shortage
Govt investment pie slice to swell in new plan
Villages on sale in Siraha
Rasuwa farmers gain benefit from selling milk
Sunflower allures farmers in Sunsari
Dragon Air to increase flights targeting Nepal Tourism Year-2011
Market price of sugar lower than govt approved price in Pokhara

May 17
Shortage of workers hindrance to printing industry
Govt freezes Unity accounts, properties
Chicken price falls further
Govt swings into action against Unity
Thousands picket Unity offices
Agro production up
WB to provide Rs 3b for road projects
Unity boss hauled off to prison
58k mobikes registered in 10 months
Call to expand broadband limit
IFC to partner NIBL
Cable Car loses Rs 150 million

May 18
Anatomy of Unity Life
Career: Flight Attendant
Tea farmers seek 80pc grant
Govt to divest shares of 7 PEs
Unity Life International Bubble Bursts
Mineral water quality ‘getting better’
CNI seeks pound of flesh from FNCCI
Money laundering law too lax in Nepal
Micro hydropower sees light of day in Rolpa
WB to float Rs 3.01 billion to upgrade rural road networks
Farmers set up first 'human urine bank' for better harvest
‘Nepal closer to meeting MDGs thanks to FCHVs’

May 19
NBL earns Rs 595.7 million in Q3
More airlines to get int'l flight permit
Turf war weakens Unity scam probe
Lax policy leaves water projects in a shambles
Blow to Upper Marsyangdi
NRB takes action against 7 banks
Govt eyes 5.5pc growth
Gravity ropeways in 10 more districts
Nullification of VAT on gas will make in less expensive: NOC
Pokhara regional hospital vandalized citing doctor's 'careless treatment'
Gold price plunges by Rs. 350
Illam lacks tea processing factories

May 20
Unity hospitals operating at loss
Unity database outside Nepal
NAC to submit report to govt soon
NT slashes 3G, other tariff
Unity's dairy closed in Chitwan
Brunei seeks more Nepalis in its forces
Irregularity slur on vegetable board
Migrant workers’ departure rises
Banks do well despite crunch
Political instability fuelling human trafficking: Koirala
Collectors of wonder herb Yarsagumba decline
Tourism entrepreneurs proposes customs duty waiver for tourist vehicles

May 21
Unity lured the poor
Unity transactions just Rs 1b
Absconding Unity bosses in talks with politicians
Labour unions loathe at 'no work no pay'
NT slashes 3G subscription cost
NRB traces Rs 230m in banks
Maoists grab 60 ha of land

May 22
NRB freezes 34 Unity holding company accounts
Trade unions not to support political strikes
Interim plan in next fiscal: Various projects to see completion in ’10-’13
Depositors stay cold to high interest offers

May 23
Bigwigs shielding Unity?
Dang cement factories to replace 60 pc of imports
Chicken price drops to Rs 215 per kg
NDC meet begins
Ace Hotels to build a four-star hotel at Nagpokhari
FNCCI opposes CoO decision
NAC knocks govt's door for fund
Poverty level down 6pc

May 24
Govt bans network marketing business; Unity's registration scrapped
Number of foreign workers up 24 pc
Need to adjust currency peg with Indian rupee: Khatiwada
NRB rules out review on exchange rate
Govt out to allow in three-wheeler taxis
EPS to conduct Korea Language Test in August
Several finance companies fail to adhere to NRB decision
Kathmandu to be next Mexico City?
Keep NEA afloat call gets louder
Fertilizer shortage in peak sowing season

May 25
SC petitioned against ban on network business
Marginal changes in veg, fruits prices
Buddha Air conducts test flight to Paro
Firms can go public before starting operation
NRB takes over PRDB's management
Trade deficit up by 58 pc, inflation eases slightly
Donors are disrupting Nepal's development: NPC
NRB takes over ULI-run dev bank, annuls all AGM decisions
Realty sector dips by 25pc

May 26
Unity hospital continues operation
NAC to acquire 9 aircraft for domestic routes
Govt to divest shares in four rural dev banks
Scrap CoO provision: Major exporters
NAC to lose ground handling monopoly
Pancharatna Group to start meat processing firm
Core group to settle the CoO cacophony
Over two dozen arrested from massage parlours, guest houses in Thamel
Eight more nabbed in Unity case
Team for turning NAC into public body
Road repair being rushed as fiscal draws to close
Revenue tops target at Birgunj customs point
Call to amend multimodal transport Act

May 27
Dev bonds for overseas workers soon
Govt developing trekking in Valley vicinity
Trade deficit with China widens
Rains bring load-shedding respite
Cash crunch, interest rates hit auto sales
Commercial banks’ provisioning up in Q3
Syndicate in, costs mount

May 28
Exports from Biratnagar dwindle
Chitwan truckers impose 'syndicate' system
DDC dominating dairy market for decades
Interim Plan anticipates 400,000 tourists a year
Big three parties agree to extend CA term
Crisis averted with passage of eighth amendment bill
SEBON to take reports online
Jindal to survey Chainpur Seti hydel project

May 29
Govt preparing to set up NBF
NB Bank to remit money from Oman
Dwindling exports hitting freight forwarding industry
Jobs for Nepalis to drop in Malaysia
Govt giving final shape to new budget
Load shedding hours reduced to six hours a day
IMF to inject fund to ease BoP deficit woes
Past bandas a boon for chicken buffs
IRO to nab VAT dodgers

May 30
BoP deficit, liquidity major challenges: Governor
Fewa Finance expands to Bagar & Machhapuchhre Bank opens four branches
SC stays ban on network marketing business
Govt unveils IT Policy 2010
Prioritize foreign employment: Report
IMF gives $ 42 million as loan to Nepal
SC issues interim order in favour of networking business
Govt to revise ban on use of forest products
Bank borrowers were ULI members
SEBON launches website
Rs 1.75m collected from yarchagumba hunters
Biscuit industry thrives

May 31
Lumbini Bank: A journey from weakest to healthiest bank
Govt proposes special programs to fight food deficit
Export of handicrafts di
Yarshagumba's allure increases with rise in price
Tourism entrepreneurs bring 'tourist buses' targeting NTY-2011
Stop health aid, CIAA tells govt
Delay in pashmina logo registration