Tuesday, June 8, 2010

2010: June

June 1
Govt proposes special programs to fight food deficit
SCT-Network goes international
Tourist arrival up 6 pc in May
Nepali white tea lures int'l buyers
MoF sanctions Rs 147.5 million for food transportation in western Nepal
'Political parties promoting illicit network businesses'
Nepal Pavilion attracts large number of visitors at Shanghai Expo
Cardamom price on record high
Capital a stolen-vehicle Mecca
New regulations to cut risks to banks
IC black marketeers on a roll
Indian workers migrating to Nepal

June 2
Govt seeks action against auditors of co-ops
Govt to adopt customs self-declaration
PAF seeks $200m for next 3 yrs
Competition brings ISD rates down
MoF wants Airbus purchase scrapped
Polish farms await Nepali workers
Mobile phone, internet down in five districts
Price of vegetables goes down
Govt coffer goes in red
Roads affect trekking in Manang
New Delhi, Beijing bid for MRP
Far-West hungers for food
Income source review issue
Rs 810m budget ceiling for MoTCA
Nepal’s textile industry hanging by a thread

June 3
Auto sales plunge as banks tighten credit
Investigators access Unity's membership details
End to on-arrival visas to Nepalis in Macau
HPL marks 10 years of Khimti I
DRI accesses crucial financial data
Subsidized fertilizer sold at double price
Subsidized fertilizer sold at double price
Nepal to receive US $12 million for eco issues
Oman Air to fly in Nepali skies
PAF to get Rs. 15 billion for poverty alleviation
MoF refuses government guarantee for loan for purchase of two aircraft
Members doubled in 10 months
Odd-even number plate system: Govt springs into action
Liquidity crisis: Fund cost, lending rates shoot up

June 4
Migration spurs realty trade in Biratnagar
Handmade paper: A Rs 300m industry
Big discount for martyr families taking up petroleum business
Suspension bridge boom makes no dent on twin rope mishaps
OAG urged to submit report early
NOC continues to suffer loss
HPL celebrates 10th year of Khimiti 1

June 5
IC shortage would end soon: NRB Governor
Cardamom selling for Rs 1,375 per kg
IB pushes for pension, micro-insurance schemes
Maoists pressure to stop work on Saptakoshi DPR
Power cut woes ease up in Sunsari

June 6
FM concerned on low spending capacity
PAC cancels lease of NTL's land
NRB penalizes 45 dev banks
Govt plans to give free education till grade 12
Nine companies await SEBON licences
Rs 1.5b for ministry of industry
Complaints against Unity reach 200 in Panchthar
Real estate loans go down in Q3

June 7
Demand for small road projects on the rise
Lentils dearer; sugar, edible oil stable
Conflict, insecurity to eat Nepal's recovery
NRB changes non-banking assets policy
81 foreign TV channels seek downlink permit in Nepal
One more director of Unity International arrested
Three more banks to import gold
'NRB is responsible for current economic woes'
Work on Koshi high-dam DPR resumes
Gray cloud over budget session
Govt draws up land use policy
Parties ‘gobble up’ Sarlahi dev budget
Hotels hike tariff by 25-40 percent
3pc growth likely for 2010
Multiple VAT buckaroo ‘a no go joe’

June 8
We can get int'l loans: Kansakar
'NTY success rests on NAC'
MoTCA demands budget of Rs 920m
Govt told to systematize foreign employment sector
Govt ups customs duty on silver, betel nuts
Govt puts off plans to summon budget session from Tuesday
Hotels in Mustang crowded by Indian tourists
President worried about Chure forest depletion
CIAA seizes documents from TIA reform project in suspicion of irregularities
UTL's international calls tariff okayed
UTL's international calls tariff okayed
Co-ops want separate court
Kuwait's visa decision

June 9
Birgunj dry port under-utilized
Nepalgunj customs sees exports drop
Veg supplies not picking up
NOC halves penalty amount for wrongdoers
Mountain Helicopters to operate air ambulance
Nepal Drugs in the verge of collapse
1200 Bangladeshis waiting for Nepali passports in Kathmandu
Industry Minister unhappy with BFIs
MoTCA demands Rs. 920 million from Finance Ministry
NRB permits banks to import 20 kg gold per day
Abuse of Nepalis hits Mideast height
Five new plants in Morang
Price policy in the offing
Mis-management at Samjhana Finance

June 10
Prior approval of advertisement script mandatory
Coffee farmers to get tax incentives
Hotels, restaurants in Biratnagar closed due to row between workers owners
Maoists renew warning against Koshi High-dam
CIAA directs MoAC to scrap agreement
Agriculture Ministry chalks out two projects for cash crops
Triveni-Dumkibas road construction falls into snag sans budget
Police make public six accused in Unity case
CIAA orders CAAN to halt payment
Mahashakti Soap on deathbed
Samjhana Finance betrayed investors, went in red: NRB
Fertiliser crisis won’t go away

June 11
'No strike' in key industries: Parties
Nepal steals the thunder at World Expo 2010
3 cases filed against Unity bosses
Garbage disposal obstructed
Transaction of Rs. 1 billion expected during World Cup
Bhattarai wants all land nationalised
TV, FM licences to go?

June 12
No relaxation on refinance conditions: NRB
Nepse to raise capital base
Bhatbhateni Supermarket: Earning goodwill through CSR
Minister wants handpicked man for general manager
Govt to institutionalize self-employment program
TI report shows Nepal as most corrupt country in South Asia
Load shedding hours to be increased
NEPSE to change capital structure for its privatisation
Maoists to float hydel policy

June 13
Melamchi Chinese contractor wants 6 months more
Industrial output up 3.6 pc in 3Q
Football craze propels LCD sales
More people drinking orthodox tea
Abhinash Group: Pioneering poultry farming in Chitwan
FM Pandey stresses on export oriented policy
IME enters into 10th year of operations
Maoist victims seek return of their seized properties
Travel company to increase frequency of Pokhara-New Delhi direct bus service from mid-July
Nepal-India water talks in July
Saptakoshi dam sails against Maoist wind
Govt for wrapping up projects
PM vows 1-window policy on CoO

June 14
'Nepal unlikely to meet NTY targets'
CNI members warns of quitting FNCCI
Fertilizer shortage hits farmers
'Recession' bites restaurants, business down 30 pc
Overseas job approvals down one-third
Mero City construction begins
Govt decides to distribute large amount of money before fiscal year ends
United CPN (Maoist) throws its weigh behind FNCCI
CIAA halts road construction in Kawasoti
Ten-party nod to govt plan to call budget session on June 24
Govt asked to roll back Education Service Tax
East Asian arrivals take to Nepal sky
SMEs wave red flag on exports to France
Pay hike, govt puffs to cover cash ground

June 15
Govt told to end supply constraints
Birgunj traders in Baglung in search of IC
Passports to get costlier
Big plan to irrigate Tarai fields
Technical aid not audited by OAG
Building materials dearer by 13pc
Brokers slow to launch operations
Dissensions gripping business community
Exports down 10pc
Mega beeline for EPS jobs
Locals cry foul against Chilime hydel

June 16
Revenue office raids three liquor stores
Now, it takes bans to save forest cover
Officials swoop on fertiliser hoarder
Govt decision not politics-driven: CNI
Yarchagumba flowering
Development budget remains unspent
17 customs offices unable to collect targeted revenue
Tourist arrival ups 30pc in Q1
Nepal, Lebanon agree to regularise labour migration process
FNCCI prescribes three layers income tax in new budget
Government arrears swells to Rs. 36.80 billion
Plan afoot to attract FDI in capital market
US issues travel warrant for Nepal

June 17
Nepal starts importing Euro III diesel
Diesel, petrol import rates go up
Govt turns down two-wheeler taxi proposa
42k youths vie for Korean job
HYDROPOWER DEVELOPMENT: Govt to control licence misuse
VIPs go over budget on foreign travel
Illegal export of sand on
Factories hit as milk shortage persists
NIC lends to deprived sector
‘Invest’ call to banks in Far West
Nepalis in Canada hosting Luncheon with Canadian travel agents for tourism promotion
Minister, govt secys say, budget diverted due to political pressure
Minister, govt secys say, budget diverted due to political pressure
CNI president spits venom at FNCCI
Violent clash between Nepali and Chinese workers of MDWP leave 13 injured

June 18
Spend royalties on local development: Hydro developers
Recycling industry for VAT exemption
Work through one trade union: Governor
Formation Carpets: Championing ethical business
CAAN mulls mgmt handover of domestic airports
Australia to extend AUD 18.44m in aid to Nepal
Governor says country's economy is not in bad shape
ADB approves $72 million for Nepal

June 19
Khasa, a new labor market for Nepalis
Publicity needed to lure Indian tourists: Research
Detailed divestment plan sought for ADBL, NT
Revenue target likely on
Growmore appointed PGBB issue manager
Jute in maize loss footsteps
Crisis impact delayed here: IMF
NRB mulls A/C in border Indian banks
Remittance experts stress proper channels

June 20
Petro dealers demand closure of security agency-run pumps
Govt snubs proposal to operate three-wheeler taxis
NT to establish optical fiber link with China
NRB limits IC exchange through ATM cards
850 kg of gold imported under quota system
NTCDB holding its breath for coffee logo
Foreign employment bonds likely to be issued this week
Buddha Air adds ATR 72 to its fleet
Farmers across the country face shortage of fertilisers
Inflow of remittance slows down to 10 pc
Size of three-year interim plan will be Rs 335 billion, reveals Dr Pokharel

June 21
Affordable apartments
Overseas workers up 35.11 pc
IRO slaps fines on tax evaders
Govt opens registration of group trademark
GoodWeave: Improve image of Nepali carpet industry
Rs 2.3b to ease fertiliser woes
Labour Ministry mulling social security plan
PM Nepal furnishes property details

June 22
Nepal missions lax in verifying demand for labor
Nokia distributors face tax evasion charges
Chicken price falls further
Home-stay guidelines ready
WB to provide Rs 2 billion for Kabeli Corridor
India stops the Post’s newsprint
Merger may be policy issue
Defaulting mill puts banks in red
Load shedding reduced to 5 hours a day
Mid-western districts reel under BEP bandh for second consecutive day
Birgunj customs rakes in Rs 30 billion as revenue
GWRDC plans to build 100,000 shallow tube wells to increase agriculture productivity
New trekking route to Paanchpokhari
PAC grills Minister Gachhadhar for irregularities seen in his ministry's spending

June 23
Park View Horizons nears completion
Lending continues to outstrip deposits in banks
Jogbani customs point to go hi-tech
Budgets too slow keep bridges too far
IPOs up, rights issue down
BoP deficit eases to Rs17.36 billion
Orthodox tea from Nepal rules the international roost
Kalu Gurung arrested in connection with Unity case
Gold traders worry about shortage of gold
Amendment of Insurance Act on anvil

June 24
Overseas workers fund spent on labor minister
28 cos get public share issue nod
Govt adopts plan for promoting exports
MRP deadline: Nepal wants it extended, yet again
Nano to arrive here in July-end
Nepal’s export basket changing
DRI raid on garment Co
Exports plummet by 11.2 percent
Satellite phone in Nepal at US$ 700
Private schools closed in Dhanusha
Ambassador Karki requests Chinese tourism entrepreneurs for tour package to Tibet
Siddhartha opens two more branches, Citizens to issue 1:1 right shares

June 25
Govt threatens to confiscate autos stranded at customs
Liberal bank license policy fueled risks: WB
Changing face of tourism in Mustang
NOC rebuffs graft charges
China to allow duty free access to Nepalese products

June 26
Govt prepares to tighten unfair market operations
Budget to be over Rs 300b
Fertilizer factory raided
Lentil prices up in Biratnagar
China to support customs modernization
Nepal to export organic tomato to India
Solar energy: Best alternative to see off power woes
Realty sector down, revenue shrinks
CIAA cans budgets for new projects
Call to give fee for speeding up JITCO
Kalu Gurung released on bail

June 27
NOC eyes eco-fuel technology
Prices of edible commodities stable
Prime Life: Redefining life insurance
S Korea interested in Upper Modi A
Shift in export trend mirrors new advantages
Call to restore jute’s lost sheen
Domestic mango output up 47pc
'Next budget will be zeroed in on productivity and employment'
PAC decides to seek expert opinions on Bhote Koshi and Khemti Projects
Plethora of finance companies preparing to go public

June 28
Fast Track estimated cost up by $200m
New derivative brokerage opens
Ncell launches new starter package
Chevrolet Beat, Hyundai Sonata come to Nepal
Promoting craftsmanship
NRB relaxes realty lending
Nepal sliding to food deficit situation
Tarai farmers fall back on smuggled fertilisers
Valley to suffer fuel woes again
Payment of govt school teachers' salary uncertain
PAC summons FM Pandey, his two predecessors over shady disbursements

June 29
NOC curtails oil imports
Chicken price up Rs 15 per kg
PAC seeks details of non-budgetary expenses
CAAN facing shortage of workers
Raise tax exemption, CNI tells govt
Pandey admits funds misused
Bike buyers race to pre-empt budget
No visa for Nepali money
Panchthar NBL’s branch bankrupt
PM Nepal spends hundreds of thousands from government coffer for personal publicity
Fuel shortage back with a vengeance in capital's gas stations
Rural Bajura becomes another victim of Kathmandu's indifference as it faces acute food shortage
Load shedding hours reduced to two hours a day

June 30
PM MK Nepal resigns
Issue of bond for overseas workers begins Wednesday
Mango dominates fruit market
Jungle Safari Lodge on expansion spree
Birgunj ICP construction beginning in two weeks
Budget confusion deepens
DFOs found guilty of deforestation
Flight cost cheaper than bus fare
Passport revenue hits new record
Embossed number plates from next FY
CNI asks govt to reduce corporate tax to 20 pc