Wednesday, December 29, 2010

2010: December

Dec 1
Bank CEOs explore options to challenge salary cap
RBB to act tough against defaulters
Republica scribe bags best biz journo award
Directives to legalize CEO's salary: Governor
New generation key to MFIs sustainability
Basantapur night vendors evicted
Bank Execs, promoters at variance
Govt gears up to ask donors for reimbursement
MoLT told to stop fare hike
Tourist arrival by air touches an all-time high
FCAN for e-bidding for small contracts
M-Paisa mobile banking

Dec 2
Gold crosses Rs 40,000 per tola
NRB mulls action against five FIs
Infrastructure development meet kicks off
Skoda Yeti formally launched
CIAA to police: Scrap ration tender
200,000 child workers in Valley
Staff Recruitment: Food corporation defies NVC directive
Wadhwa shrugs off responsibility
Exports through Birgunj fall

Dec 3
UK company new promoter of Hyatt KTM
MoCS to frame cash incentive guidelines
Solar lights up half of Mustang households
NFC to maintain 30k tons in buffer stock
IFC to help Nepal ease biz constraints
Mafia all-powerful in Dadeldhura
Deposits diverted to class B, C FIs: Report
First-time Export spurt in 13 months
Malaysian team in Nepal to explore business avenues
Swelling arrivals spur investment in resorts
36 get home stay permits

Dec 4
BoP deficit widens to Rs 6.88b in Q1
NOC loss soars as IOC jacks up prices
Valley’s trash to spin money
Political uncertainty has exports declining: Experts
NEPSE market capitalisation falls by 30 pc in three years

Dec 5
Lack of skilled hands hits garment sector
Nepali farm develops disease-resistant tomatoes
Malaysian investors seek political stability
Taskforce okays fiscal policy
NEA setback to faze power producers
Domestic Airlines fix uniform fares for long-distance routes
Fighting inflation
Customs duty hike spurs smuggling

Dec 6
ADB to help enhance regional transport linkage
Power cuts hit TV stations
NOC jacks up fuel prices
Top leaders, officials hiding property: NVC
Class B, C FIs wooing depositors
Fuel prices go up for the fifth time this year
DRI mounts pressure on casino-housing hotels
Portfolio Management Directives issued
Thai Air marks 43rd anniversary
New factories in industrial zone
Airline staffers’ acts vex AOAN

Dec 7
MoI building database of big industries
White paper on PPP on the cards
No new investment in NBL, RBB: FM
Flight cancellations 'affect' Jumla passengers
Best performing SMEs awarded
FNCCI wants PPP included in statute
Maoist union demands 117 pc hike in wages
CIAA fiat puts tenders on hold
PMO clears air on property details
NAC unions warn of stir
Survey reports telecom call quality ‘not good’
Ncell files complaint
CIT, RBS lend Rs 4 billion to Upper Tamakoshi
New economic model draws flak
Rice, maize output grows by 11pc
Samjhana barred from arranging swap deals

Dec 8
Gold, silver hit record highs
Realtors cut prices up to 30%
Paddy's share in GDP up to 7.5 pc
Lawmakers flay Kuala Lumper route for Air Arabia
Mid-Marsyangdi back in service, power cuts stay
NOC to roll back price if govt provides
Energy efficiency audit helps cut consumption
Hike in airfare planned
Road project brings hope, income to rural people
PPP White Paper being given finishing touches

Dec 9
Govt lost huge revenue from stock market
FIs defaulting IPO to face NRB's wrath
IC shortage spawns trade in counterfeit notes
Lawmakers urge NOC to reform its operations
Nepse below 400 pt psychological mark
Pressure to roll back hike mounts
US aid may go up in 2011: Envoy Sharma
Commodities, futures markets to be regulated

Dec 10
IFC discusses challenges facing PPP
Training for Tibetan tour operators
Stage set for 10th SAARC Trade Fair
Supply policy on card to intervene market of food items
Govt funds land in leaders’ pockets
CIAA fiat sails against TIA wind
DRI acts tough;two NRC offices sealed
NVC finds gross mismanagement at NEA
NT urged to focus on quality, price, service
Arrivals reach all-time high
Mahout strike hits tourism in Chitwan

Dec 11
Banks face early signs of troubles as realty dips
Political violence deterrent to FDI
Tomatoes get market in Gorakhpur
Don't drop plan for Pokhara-Lucknow flight: Entrepreneurs
PEs’ reform a tough nut to crack
LMVs’, HMVs’ import applecart upset
Portfolio Management Directives a welcome move
Investing in real estate

Dec 12
Solar electrifictaion getting popular
Insecurity plagues trade via Khasa
Govt told to stop Air Arabia's Malaysia flights
SAFA Summit concludes
MoTCA told to nix Air Arabia’s M’asia flights
Tourist arrivals fail to boost forex inflow
Syndicates hitting trade
TIFA on anvil, says envoy Sharma
Four pharmas apply for GMP certification

Dec 13
Under-invoiced imports hit flour mills
Banks lure deposit with attractive rates
New leadership in AAN
PAF, USAID to support unemployed youths
Air Arabia all set to fly to Malaysia
Power outage up to 56 hrs a week
New Insurance Act may spur
MoTCA to rescind Air Arabia m’sia route
Reduced import raises LP gas shortage fears
DoTM to seek clarification from truckers’ body

Dec 14
Khetan Group pays Rs 265m in CGT
Maoists oppose land acquisition
Internal conflict hindering aircraft purchase: PM
Ban on gold import to be lifted within a week
Govt project in limbo Fund crunch in project hits plan
NAC unions warn of stir
Gold, silver still in short supply
Govt appoints MPOs to curb anti-competition acts

Dec 15
Govt wakes up to tighten customs declaration
Bankers ask NRB to review salary cap
Air Arabia's Malaysia permit suspended
Private sector role vital to ease book shortage
Landless, ex-Kamaiyas usurp hectares
Has NRB bitten off more than it can chew?
Transporters demand 18pc fare hike

Dec 16
Nepali RMG to face further crisis in EU
PAF likely to get $50m from WB
$49.3b pledged to help countries achieve MDGs
Parliament body flays NOC over price hike
PDA talks to resume
Lawmakers demand transparency in NOC
Govt to re-invite EoI for Fast Track soon
Relief from power outage not in sight

Dec 17
Dealers told to furnish transaction details for new purchase
WB, UN release guide to recover lost assets
PAC directs CIAA to complete probe
Housing revives as NRB eases credit controls
Finance Ministry to hike budget for transmission lines expansion
Banks can import 15 kg of gold now
When KTM-Colombo flights?
Microsoft Innovation Centre established

Dec 18
Govt lacks teeth to tap CGT of pvt firms
South Asia to face slow demand: UN report
Norvic-Medanta promises affordable health care
Sauraha hoteliers man elephants as mahouts strike
Govt permission to be made mandatory to import seeds
NRB deputy guvs hard to name
Respite for folk from syndicates not in sight
Futures Market

Dec 19
Five years on, SAFTA has little to promise
SAARC Trade Fair concludes
FNCCI urges PM to lift ban on sand, pebble export
Power cuts close 41 per cent medium-scale factories: Report
Subsidized diesel, kerosene for poor
Country adopts hi-tech passport
NAC chief may face action
Int’l air carriers in the pink, national flag carrier static
NT calls new tender for NGN project
NRB mulls new provisions for development banks
PM urged to lift ban on sand, pebbles export
NEPSE bid to establish subsidiary sans AGM’s okay

Dec 20
Govt to dig two road tunnels
Farmers to get free seeds, fertilizers
CIAA raids Dabur factory
Two casinos raided, 28 Nepalis held
Filmmaker Bhandari held for plagiarism aka copyright violation
Budget delay hits government revenue collection
Two new merchant bankers coming up

Dec 21
Clearing cheques to be hassle-free
Travel agents, airlines at odds
Number of migrant workers goes up by 27.5 percent
Registrations of new CSIs down
Most mobile towers unsafe: UNDP study
Low pay in industries spurs labour exodus to informal sector
Rising onion prices bring tears to consumers’ eyes
20,000 visitors on day two

Dec 22
China urges Nepal to export more
Furnish plan to up productive sector loans, banks told
'Demand outpaces supply capacity'
Pokhara sees 13 pc growth in arrivals
NPC clarifies budget allocation for districts
Dabur juice samples to be tested
Sugarcane farmers demand higher prices
NRB to get stringent on service charges

Dec 23
NRB unveils interest-free lending process for BFIs
DDA pins FI for shady deals
Faster, higher returns from veggies lure farmers
Silver import ceiling to go
E-tenders for small contracts in toto
Upper Seti hydro project gets boost

Dec 24
CIAA launches probe into Dabur Nepal case
Per capita veg consumption rises
NRB may ease margin lending provisions
DoI team to assess value addition
Indian ban on cotton yarn export hit Nepali industries
High interest rates hit home, auto loans
NRB moves to protect client rights
Rising corruption hurting development
Ban on imports makes poultry dearer in Pokhara
NAC boss faces lawsuit
Flying squad swoops on Pepsi bottler
The dabur saga
Any bets on the future of Nepal’s casinos?
Carriers give 10-day timeline to up fares
Domestic aviation high, passenger movement up 13pc

Dec 25
Chitwan to host land and housing expo
'Margin lending terms to be eased'
Chilling out with Chilime shares
Govt schools hotbed of bribe
NRB to stop overseeing NBL by April
Two fledgling merchant banks in fray

Dec 26
MoCS seeks cabinet nod for petroleum subsidy
Goods entering Tatopani customs to sail smoothly
Govt mulls late-night bus service in capital
NRB gets new deputy governors
Dabur Nepal dragged to court
Special Court calls Kansakar, his deputies
Govt appoints NRB deputy governors
Motorcycle registrations in Bagmati down 26.49 pc
Domestic air operators hike fuel surcharge
Delay in trade mark hits Pashmina export
NRB to issue foreign employment bonds

Dec 27
Loss-making NOC dolling out free fuel
Avco-imported cars to go under hammer
Kansakar and team find ally in tourism entrepreneurs
Gold, silver import resumes
Nepal wants Indian help for revamp
Ready to face action for mistake: Rana
11-hr power cut
B’deshis in VoIP racket
Shortage has veg prices soaring
NAC trade unions at loggerheads
Revenue dips with slump in real state transactions
Inter-bank lending doubles
Govt amends guidelines for sending trainees to Japan
Banks told to be cautious in dealings with NKorea, Iran

Dec 28
Panel to address compensation calls
Subsidized cattle insurance on cards
Banks operating with high spread rate: Dr Khatiwada
Govt told to shut law-defying casinos
Anti-graft body to grill envoy Rana
KTM-NIJGADH FAST TRACK bidding process to resume
PAC gets tough against casinos
Govt urged to cut VAT,change valuation system
NRB Gov: Don’t expect loan at low interest
MoTCA bid to iron out wrinkles

Dec 29
India bans Nepal's garlic export
Trade deficit gallops at Rs 100b mark in four months
PPA signed for Upper Marshyangdi project

Dec 30
Nepse disobeying us: Sebon boss
BoP deficit declines to Rs 5.03b
Nepse slowdown hits broker income, revenue
2010 turns into ‘the year of banda’
Casino royalty dues: Casino Tara general manager in cops’ net
Subsidised rice is too expensive
Govt plans selling a slice of Nepal Telecom
Diminishing development spending, dwindling revenue
Onion price likely to fall
Parsa-Bara industrial area crippled by power crisis
Electric railway project stalled

Dec 31
Testing time for financial industry
The good, the bad and the ugly
Challenges facing banks in 2011