Wednesday, March 2, 2011

2011: January

Jan 1
Tourist receive warm welcome at TIA
NT sold 300,000 SIMs in two weeks
Efforts on to develop Hile into tourist destination
Tablet, LCD/LED TV seen expanding market
Govt to lure PEs into LPG, petro biz
10,000 sub-health posts to be health posts soon
No rural road to market
Donors fond of education, health sectors
Advertising in 2011
Nepalis helping Nepalis

Jan 2
Arrivals up by 18.3% in 2010
ADB project to make internet cheaper
NAC employees call off protest
Chitwan festival from Jan 9
'NRB committed to open market'
Century’s capital structure ratio changed to 54:46
Tourist inflow reaches an all-time high
Profits lure farmers away from cereals to veggies
10 Foreign Pharma Cos enter Nepali market
Warehouse Act; govt beavering away at it

Jan 3
Sale of silver products drops
China Eastern resuming Nepal flights next week
Govt exempts 70% VAT on sugar to fix new price of sugarcane
Govt starts implementation of NTIS
Banke DDC foots state minister’s booze bills
Manpower crunch a bone in food department gullet
Kailali DFO shuts sawmills
Sugarcane price fixed
Govt to boost livestock count for cutting meat import
NEPSE sets up subsidiary to run CDS

Jan 4
Lumbini hope for tourist arrival surge
KMC to publish tourist route maps
Land Reform Act amendment on cards
Govt ban makes wood dearer
Banks to limit savings interest at 4-6pc
Dabur bigwigs eat crow over factory’s ‘mistake’
Sujata to visit six countries
Lofty garbage management plan may get the axe
FCGO decides to hold back budget of projects not getting reimbursed
Foreign paragliding pilots working sans legal permit

Jan 5
ICT Info-Trade 2011 begins
Bid to promote NTY 2011 in Malaysia
Halt construction of sky bridges: PAC
House construction cost up by 13 percent
Piracy bleeding music companies
Sebon to punish Rajdhani investment
Liquidity shortage deepens
HSEB board okays annual budget
Dabur officials pay Rs 50 million security deposit, allowed to go
Four-wheeler sales declining
Casinos failing to pay royalty may lose license
Farmers demand resuming sugar mills’ operation
Advanced tech to be installed to check food quality
NBL speeds up CEO appointing process
Himalayan Bank’s expansion plans

Jan 6
Event management made easy
Commercial banks in Pokhara losing deposits
NBA prez defends rise in lending rates
Canada approaches Nepal for ASA
NTL to open LPG plant, 20 fuel stations
Central bank EDs still peeved at appointment of deputy guvs
Buddha Air set to start Lucknow service today
War against syndicate
Lack of frequency policy hurts govt revenue
US envoy inaugurates bottle washing machine

Jan 7
No 3G permit for new operator: NTA
25,000 visitors expected to attend NTY launch
Buddha Air now flies to Lucknow
CNI flays apathy to implement Investment Board, SEZ
Casinos get 35 days to clear taxes
City without a Mayor
Banks to adjust interest rates on deposits
Syndicate mania grips public transportation too
Plethora of hurdles hits handicraft export
Listing and Trading Directive in offing
Old planes dumped at TIA to be auctioned
Flying high (Buddha Air CEO)
Neither forests nor trees
Bring 'em on!

Jan 8
Paramotoring, paragliding for NTY promotion
NRB's move to safeguard small deposits
Governor’s bid to calm down vexed NRB EDs
Tax dodgers using fake VAT receipt bills, says IR Dept

Jan 9
ICT Info-Trade concludes
Chitwan Festival kicks off
Slow progress hits farm commercialization in east
NSLMB, NB Bank to merge soon
RANA'S ROLE AS DABUR boss, ENVOY
Hundreds of B’deshis trapped in Nepal
Ring Road declared a no-parking zone
No let-up in casino operators’ woes
Banks lend 20 pc of their loan portfolio to realty
Illegal call bypass down after police action
Banks shying away from margin lending

Jan 10
NOC's options to govt: Subsidy or price hike
Panel formed to recommend compensation
Raw steel is nation's largest import
TU’s accounts not audited for 20 yrs!
Bills gather dust in parliament while private sector fumes
Govt guidelines soon for curbing syndicates, Cartels
Govt apathy hits textile industries

Jan 11
BUSINESS BRIEFS: Sebon boss urges people to invest in stock
Cereal food imports double
NTA warns UTL of scrapping license
Govt floats drive against illegal logging
CIT to diversify investments
Govt apathy blamed for cap mkt slump
EDP goes nationwide
Kulekhani III delayed by trees
Transport syndicates
staff may not get bonus

Jan 12
Truckers announce end of syndicate
Nepal assumes SCWEC chairmanship
Truckers' syndicate hurt industries
RCP quits race; protracted PM poll ends
Melamchi project-hit seek compensation
Donors unveil new development strategy
Inter-bank lending rate surges as liquidity crunch worsens
Tenants shut Civil Mall demanding discount on rental fee

Jan 13
PAC to probe frequency irregularity
BUSINESS BRIEFS: ADB reaffirms support to Nepal
IOC warns of curtailing fuel supplie
'Mechanization of farms must to boost paddy output'
Entrepreneurs say goal of 1m tourists achievable
12-hr power outage
Forest office ‘helps’ mills hide timber
Nepal’s economy to get a Boost
Tourism Year revitalises hotel industry
Homestay hospitality with a difference
Int’l promotion to focus on India, China
Pokhara welcomes NTY with hotel expansion drive
Mobile phones to look forward to in 2011

Jan 14
Economy to grow at slowed rate of 3.7 pc
'Managed airport key to success'
Gorkhaland strike hits Nepal market hard
NTY 2011 kicks off with pomp and color
Prez to inaugurate NTY 2011 Friday
Nepal set to lead BIMSTEC
Aircraft purchase deal: Apex court turns down NAC officials’ plea
Prez opens Nepal Tourism Year amid lavish shindig
NTY-2011 off to a vibrant start
NRNs discuss new investment proposal
Investors turn to CSIs as real estate slumps
Lumbini opens gates to NTY 2011’s first clutch

Jan 15
Don't charge more than agreed premium, IB says insurers
107 trillion emails sent last year: Pingdom
'One Paisa Campaign' for tourism promotion
NBBL, NSLMB to merge
Pvt telecom firms not to pay royalty; demand level playing field
Influence of biz networks on SMEs’ performance

Jan 16
Manpower agencies padlocked
STC told to furnish salt trade agreement
50 cooperatives fled with Rs 140m in 8 years
NOC asks board to probe depot loss
DoR to grease e-purchase wheels
A giant leap
Arrivals by land rose by 18 pc in 2010
Salt Trading Corporation under pressure over allegations of irregularities
Record 88k tourists visit Annapurna
Master plan for securities market being given shape
Govt abeyance of timber contracts irks traders
Century Bank set to begin operations
Vegetable prices rise as festival disrupts supply

Jan 17
Surkhet DDC announces incentives for NTY
Star Mall starting operation in a month
Travel now, pay later
Business bodies divided on CoO provision
NPC approval delay may hit projects
Truckers say they are ready to end syndicate;demand investment guarantee
United Telecom, NTA argue over royalty
Talks on Amlekhgunj pipeline slated for Feb
Fewer survey licenses for hydel projects issued this year

Jan 18
Civil Trade Center fully booked
Cooperatives - a haven for unscrupulous promoters
Entrepreneurs bank on adventure tourism
NRB working to relax salary cap provisions
National census 2011:CBS not using GPS technology
Jolt to syndicate mafia :Court wants odd-even number plate system to go
FNCCI intensifies efforts to address crusher industries’ woes
Carriers allowed to run extra flights during NTY
Disbursements less than the aid pledged under AFT
Zinc InVision Hospitality launched

Jan 19
Azad Shrestha announces FNCCI presidency
Tatopani customs collects Rs 1.5b revenue
Exports up by 9.2 per cent
Ceramics exports up 75 pc in Q1
'Crop failure due to faulty seeds'
CG JV plans to operate 30 hotels in Asia
Realty slump deepens across the country
Revenue collection up by 14 pc
Defaulting schools to lose permit
FNCCI poll fever grips private sector
MoF approves Rs 1.3b loan to NOC
Essential commodities become dearer
SEBON forms bodies to work on master plan
Commerce Dept to monitor service sector too
Real estate poses systemic risk
ADBN restores 35 branches

Jan 20
FNCCI to launch anti-syndicate crusade
Chyangra pashmina label distribution begins
IOC cuts fuel supply
Nepali man proves hard work in foreign land has its rewards
CoO Issue rears its head again
Make e-bidding compulsory for contracts above Rs 2.5m: PAC
NB Group's BFIs being merged into one bank
Dish Nepal, Home TV enter into strategic alliance
Commercial complex construction booming

Jan 21
Banks make poor use of refinancing
Rupee weakens, gold tumble continues
NRB asks people to return notes with kings' image
Nepali migrant workers fleeced
Migrant workers’ departure up by 27.25 pc
Govt mulls converting its assets being used by Salt Trading Corp into loans
PAC okays Rs 139m to revamp railway
Chyangra Pashmina trademark registered
KPS is Hitachi’s sole authorised distributor
Extreme Annapurna in Nepal
Gross national misery

Jan 22
Banks to cap savings rate at 8 pc
Jhapa emerging as the rubber district
IOC resumes normal fuel supply
NT to use BTS vans to upgrade service
Scenario shift: Special Committee takes control of PLA
Nepal Tourism year 2011:Narayanhiti Museum unlikely to attract its share of tourists
No invisible hands here
Testing times ahead for banks
Apartments sell like hot cakes

Jan 23
Government finalizes export incentive guidelines
PM cracks down on syndicate system
IPO worth Rs 580m approved in first six months
Ministry to control misuse of budget
PM-private sector MEETing: PM assures of curbing syndicates
Smuggling rife in border districts
Nijgadh airport can get Boot-able by 2015: Study
Motorcycle sales slow down post-budget

Jan 24
Govt to bar licensing of industries in Lumbini
Bottled water companies to get quality codes
Foundation laying of Upper Tamakoshi postponed
Modality on promoters share conversion okayed
Stock market master plan on the cards
DoC lacking teeth, workforce for monitoring
Plan to export power shelved
5 domestic carriers team up to start int’l airline
‘Merger the better option for RBB’
Truckers intensify efforts to fix fares

Jan 25
Nepalgunj best for SEZ: Survey
Night business faces axe from realty slump
Himchuli Dev Bank, Birgunj Finance to merge
CG acquires 51 pc in Raybot
Share trading comes to a halt
Transport fares to go up by at least 9 pc
EU provides Rs 6 billion
Under-invoicing rampant
Liquidity crunch in banks easing
HANDPASS to promote Lokta at Paper World Fair
Pokhara sees resurgence of industries
NEPSE staff close down stock market
Onion prices fall with increased supply

Jan 26
DoTM recommends 9.23 pc hike in transport fare
Mid-Hill Highway to cost Rs 43.38b
India discontinues Gandak water supply; farmers hit
Govt, transporters agree to hike fares
NAC forms panel to speed up aircraft purchase
Century’s slogan is ‘Simple Banking’

Jan 27
EPF, NA to get deposits back from the liquidated bank
DJPL operates its new research center
Lawmakers seek role for Nepali investors
State-owned RBB, NIDC all set to merge
Fast Track project to be feasible for private sector
Experts buoyed by tourism growth

Jan 28
Chinese tourists to get free visa
Ask employees to resume work, Nepse told
BoP deficit squeezes at Rs 3.35b
NA millions caught in BFI cleft stick
Only 8.42pc of cap expenditure budget spent in 6 months
DoR recommends shortening Mid-Hill Highway
Inflation now at 9.6 pc mark, warns NRB
India, China both flexible over Himalaya 2 air route
Everyone's cup of tea
Everyone's cup of tea
Missionary zeal (Medine)

Jan 29
Call to promote Bhotekoshi River
SAB Group, Planet Earth to work together
City-centre road widened
Land management: CA panel calls for land reform report release
Store One at Durbar Marg
Trade deficit margin narrows
Syndicates in eastern hills flout court order

Jan 30
Nepal to seek LPG import from 3rd country
CAN Info-Tech from Tuesday
RIF furnishes clarification
Experts’ team to improve water utility management
The expat factor
Gotcha, said the taxman
Ncell catching up with Nepal Telecom
Load-shedding hits Rupandehi industries
DJPL opens R&D centre
Insurance premium for govt vehicles halved
IPOs worth Rs 580m okayed this FY

Jan 31
Cattle insurance plan okayed
Seven years on, IT Park still out of gear
Dhampus hotels upgrading facilities
Frozen meat sales growing
Swiss aid for soil management program
PAC to probe irregularities in NOC
Seminar on intellectual property
AOAN pushes for airfare hike
BUSINESS BRIEFS: Nepse employees call off protest
'Illegal occupants benefiting from govt's housing program'
Pashupati treasures: SC tells govt not to open ‘Mul Dhukuti’
The paradox of corruption
Flying squad raids Laxmi Steel on suspicion of evading VAT
Govt to form high-level ‘unit’ to ease power woes
Trading resumes on NEPSE floor
Paper, honey, handicraft in line to get trademark
SDC, USAID give $5.6m for maize research project