Wednesday, March 2, 2011

2011: March

Mar 1
NAC forwards bank account number to Airbus
Allow us to purchase IC: Bankers
PAC members press hoteliers to clear casinos' dues
Casinos get reprieve as PAC decides to hold discussions
NRB to allow mutual funds by BFIs
Tourist arrivals up 12pc in Feb
Credit rating agency regulations coming up

Mar 2
10 Pc NTY's Target Achieved In Two Months
5 FIs Insure Saving Of Small Depositors
India Demands Protection Of Local Investment
US Congress Launch Nepal Caucus
India nod to LPG import from other countries
Promoting home stay the Tharu way in Bardiya
Nepal-India trade talks: India to let Nepal import LPG from other countries
Mid-term review of monetary policy: Realty, stock market may get respite
NOC given Rs 1b loan to preempt fuel price hike

Mar 3
NOC loss set to jump to Rs 1.33b
Nepal to give Indian goods advantage, scrap ARF
NRB to tighten IC exchange facility
Factory workers announce week-long protest
Mid-term review of monetary policy: NRB to get tough on unproductive sector lending
Non-budgetary demands touch Rs 15b mark
Handicraft exporters look to cadmium testing lab to boost export
Cross-border transmission line: Stakeholders meeting to expedite project

Mar 4
NRB to ease home loans
Gold touches record high at Rs 40,590 per tola
Airbus refunds lock-up money to NAC
WB to provide Rs 5.43b for roads development
NTA into 14th year
First group of foreign tourists in Dhangadi
Trade unions again flex wage hike war muscles
Financial sector reform programme: Plan a mixed one For achieving goals, says Guv
Rs 9.86bn ADB, WB aid for transport sector

Mar 5
Exchange facility only through 75 counters
Tax collection up in Kailali
Sajha Yatayat to run fully under cooperative model
Timely budget ‘the need of the hour’
Health sector attracts huge investments

Mar 6
42 companies fail to submit report to Sebon
Rethinking aid
Merger fever fails to grip insurers
CG back in housing sector; announces Rs 1b project
Infra-sharing to expand data service

Mar 7
New body to govern PEs in offing
Kuwait salve for unlisted workers
Traffic: The city lifeline: Plan to build 44 bus stands
Maoist union row: Dahal, Baidya trade union factions bicker over turf
Scholarship to poor students
MoFA website gets hacked
Govt offices headlessL: Development projects halted
How a conman ‘VAT fleeced’ the govt
Auto dealers want excise duty slashed as sales fall
Micro credit for 1.6m families
Degrees and Dollars
More FIs start insuring deposits

Mar 8
Railway department on track soon
India asks Nepal to control illicit trade
Clean chit for LPG bottlers flouting safety law
Entrepreneurs ask agitating workers to withdraw strike
Tourist arrivals to Pokhara up
FWEAN awards outstanding women entrepreneurs
Maoists shut down Hetauda industries
The saudi trap: Dozens of Nepalis’ bodies rot in Arabia
Climate change: Treeline shifting up in mountains, NAST report says
Below poverty line: Health insurance for poor mulled
Libya unrest: Bid to bring back 125 Nepalis
Unions, employers on pay hike warpath
Bankers ask NRB to allow forex loans for projects
Contractors demand Rs 200m for project cost overruns
NT, Qatar Telecom sign pact
Soaltee, Fulbari file writs to void govt move to cancel casino licenses

Mar 9
India's ban boosts Nepali pulse exports
Whither education?: ISTU strike shuts 9,500 schools; students hit
Britain pledges to double Nepal aid
Encroachers start vacating forest area
Nepal’s Minsky moment
Power links
Manufacturing production index: Industrial sector growth anemic
Carpet export : Posts double digit growth in first half

Mar 10
Industrial output grows by mere 1.23 pc
FNCCI moots 21.4 percent wage hike
'Leave tourism' starting next week
Slim still world's richest, Asia booms: Forbes
'Banks must enhance investment capacity'
Corruption watch: Graft slur on former minister Ojha
Graft, nepotism slur: KU VC, teacher union lock horns
Fear haunts Nepalis in Bahrain
Plus 2 questions to be printed in Nepal
Supplementary budget coming, says govt
No new banking licences: Guv
Ashutosh Tiwari named Young Global Leader 2011
10 modern cities to be established in mid-hills

Mar 11
Int'l management conference kicks off
Trade unions defer agitation
FNCCI pulls out of wage talks
Maoist trade union splits once again
Encroachment on forest land rife
NRB starts study on Informal financial transactions
Employers, trade unions brace for showdown
Vehicle tax collection up despite slump in sales
More Nepali tourists visiting Annapurna
When the power goes off
The road to prosperity
Irrigation: Every drop counts
INTERVIEW: "Peace, governance, development..."

Mar 12
NRB withdraws 'forceful merger' provision
GHT to be declared the official trail of NTY
Solar energy light up Kalikot
DFTQC proposes formation of quality accreditation board
Industrial Enterprise Bill to be tabled soon
42 rescued from Libya
Fissures evident as union workers war
US caucus to bolster Nepal ties
Water sources drying up in Chure region
Travel and Tourism Competitiveness Report 2011
Local union, employers reach pact;

Mar 13
Trade unions withhold strike in Hetauda
No access to Nepalis at IGIA duty-free shops
Banks drag feet over interest rate gaps
Hetauda industries still shut
Petrol price up by Rs 9 a litre
Gangster running extortion racket from jail
Money, money, money
Liquidity situation eases with repo issuance
Hetauda factories remain closed
Possibilities of developing waterways to be explored

Mar 14
NOC raises fuel prices again
Govt's action plan to end power crisis
Vaidya, too, announces his panel
Bankers’ bandwagon loses sleep over BAFIA
Milk supply fulfils half of national requirement
Small hotels, eateries to be monitored for quality
NPC VC, 6 members resign
Gurkha Dev Bank exerts to commit damage control

Mar 15
FNCCI-trade union talks fail
BFIs to reject notes with kings' portrait from Tuesday
Nepal to reduce sensitive list under SAFTA
Home loans up to Rs 5m may be excluded from realty loans
Electricity royalty likely to get spent in other area
Nepal producing 2.5m metric - tonne pulses
Protests to ensure land rights
Nepal-india trade: India resumes hard-line approach
Panel to devise an ‘emergency roadmap’ to address power crisis
Govt urged to give Consumer Protection Act more teeth
Experts slam poor access to banking; rue bad service
BAFIA amendment proposal: NEPSE drops to four-year low

Mar 16
IRD slaps Rs 1.35b in tax, fines on 20 firms
FNCCI-trade union talks resuming Wednesday
Decision to withdraw notes with kings' image scrapped
Stores befriend Facebook to promote sales
$20m ADB grant to raise income of farmers
FNCCI-union talks inconclusive
Graft watch: SC upholds decision to convict Wagle
Proposal unfortunate: FNCCI
Fake bill scam: Govt to probe 500 more cos
MoTCA to review airfare hike
NRB rolls back decision to phase out notes bearing kings’ image
Ncell to open service centres in key cities

Mar 17
Bogus VAT transactions touch Rs 10b
NRB, Sebon agree on ways to revive stock market
Japan to provide Rs 888m in food aid
Wagle arrested, sent to slammer
Japan crisis: Nepal’s Tokyo mission to shift to Osaka
Govt to utilise unused railway corridor
Bankers up in arms over proposed amendment to BAFIA
Use of fake IC rife in Birgunj
Most merchant bankers fail to meet reporting deadline
CIT investments stand at Rs 22.34b
It takes up to six months to make a single decision
Chilime to float 13k ordinary shares at premium price

Mar 18
Dealers to strike if industries get fuel subsidy
WB support sought to curb VAT anomalies
Pro-Maoist workers manhandle industrialist
FNCCI- union meeting fruitless
Govt to headcount citizens in Gulf
Chinese-run VoIP centres uncovered
Home loans to be hassle-free
Govt rolls back airfare hike in remote areas
NLIC’s pension plan
Thamel to be turned into Wi-Fi internet zone
Moti Mahal Delux at Durbar Marg

Mar 19
Govt mulls mandatory electronic billing
NRB relaxes realty loan cap
No airfare hike for remote sectors
Govt scraps bidding for Tarai fast-track
Construction works delayed: Rent costs govt offices a fortune
Vizag Port
Non-media marketing has so much scope here
No single factor to blame for stock market’s downward spiral

Mar 20
NOC loss jumps Rs 1.55b
Japanese electronic items, cars likely to see price hike
Gold shines after slipping for a week
Patan industries shut in protest
KFC, Pizza Hut to open at Bluebird
Graft watch: UML lawmaker jailed for corruption
Tide ebbs by 11pc due to mideast unrest
Govt to okay electricity tariff hike if NEA pledges reform

Mar 21
Poultry sector seen growing by 24 pc
Local manufacturers claim self sufficiency in 50 pc drugs
Kathmandu brand freaks, beware!
BUSINESS BRIEFS: NRB to issue NTY 2011 coins
MoCS moots all-party panel to deal with oil loss
World water day: Why are we waiting for the axe to fall?
Junketing vvips: Former heads of state, govt to face scanner
BFIs can operate mutual funds: Central Bank
Nepal’s telecom market not ready for MNP: NTA

Mar 22
Protect our savings, depositors tell NRB
Strategy to discourage unfair market practices on cards
IC crunch deepens
Continental Associates on expansion spree
Scant progress in Valley water management
Melamchi hope likely to be long haul
Leakage compounding woes
80 pc groundwater unpotable
Money laundering: ‘Dirty money’ case gets a new twist
Labour, class and diplomacy
Projected economic growth is still a far cry, says CBS
Nepal ranked 100 among 129 countries in Property Rights Index
Daily mkt monitoring the new byword now
FDI cos’ registration up the ladder by 21pc

Mar 23
US bank debits Nepal $1m sans NRB nod
Nepal's GDP per capita to touch US$ 642
Big co-ops still defying govt
DoC for tax waiver on essential foods
Power woes: Govt declares over four-year energy crisis
Deepening ties: China gives Rs 1.42bn military aid
Taxi fare: CABBIES ARMED WITH oh-so sharp shears
4 Nepali workers held in Malaysia
Slary hike negotiation: Unions’ bid for worker social security
Imports surge as LPG rules hearth
NTA mulls an emergency communications plan
NRB bid to bail out crisis-hit BFIs
Two FIs get the RB nod for merger

Mar 24
FNCCI-trade unions agree to raise salary
Govt to take up KC's case with US
Best car deals just a click away!
India imposes CVD on Nepali RMGs
UNCTAD chief asks LDCs to mobilize internal resources
14th Floriculture Fair kicks off
Experts vouch for liberal economic policy
‘Biggest hashish haul’ in two decades
Employers, trade unions hammer out a deal, finally
Gurkha dev bank declared crisis-ridden
DoC plans long form audit report for cooperatives
SEBON expects CDS to boost stock trading
New EoI to be called for Tarai fast track
Big Mart to open at Lazimpat

Mar 25
No strike for 4 years: Trade unions
NRB tightens criteria of FIs upgrading
NRB declares Gorkha Devt Bank 'troubled bank'
ANTUF factions against pay raise deal
Kuwait to help road projects
Depositors flock bank for withdrawal
Trade unions of Madhesi parties against pay raise deal
Laws’ amendment: Government grooves to chuck out corruption
Pvt school fees: Panel against hike, schools say they must
A low tolerance of graft
Labour deal hits rough weather
Casino Royalties: When the govt wavers, the PAC shavers
Gurkha Dev Bank wades in new row waters
Cooperatives hold 17 pc of deposits
Spring is the season to be merry mountaineering
Tourism entrepreneurs’ nay to NTY 2011 promo
Tourism: Fabulous far west
INTERVIEW: Ncell sells

Mar 26
Four casinos to lose licenses
Insurance schemes for workers on cards
Call to guarantee Unity investment
Aircraft buy deal: Govt solicits Chinese help
Fire guts factory, damage Rs 15m
Amendment to Forest Act on the anvil
Ring road no-parking zone: Vehicle owners at sixes and sevens
Bad corporate governance: Major challenge facing Nepali banking
NTA threatens to scrap UTL's Licence
City’s premium office space for taking

Mar 27
FNCCI for unity among trade unions
Income from tourism declines: NRB
Nepse drops 4.67 points
Govt asks India to prepare DPR of 27 roads
Dissenting trade unions call industrial shutdown
Top Unity Life men arrested
Graft watch: Former minister Khadka in dock
Troubled KU set to reopen today
Heads without brains
Police after gangsters’ wealth
Feasibility study on cards for metro rail in Kathmandu
Domestic air passenger movement up 12.83 pc
Gurkha Dev Bank draws the line on withdrawals

Mar 28
Gurkha Bank capable of paying depositors: NRB
Mountaineers promote NTY in US
ADB veep bats for reforms
PLA salary resumes
Education target: Literacy campaign on uphill road
Pay hike row : Employers take tough stance
SKorea to hire 7,100 Nepalis next FY
ADB vows support to address power crisis
Panel to recommend reforms in NOC

Mar 29
Seal on TIFA deal by mid-April
Country's energy sector in tatters
Reopen industries in 24 hrs: Industrialists
GDB shuts only operational counter
ANTUF row: Maoists decide to dissolve trade union
SKorea to ease visa rules
FNCCI bid to appease unions
NRB moves court to liquidate Samjhana
NEPSE hits five-year low
Realtors’ bid to iron out crinkles in property valuation
USAID to invest $30m in Nepal
Ncell to slash its data tariff
WC fever’s on, But TV sales are off

Mar 30
Finance Secy Khanal resigns
Govt fixes truck fare on major routes
Wage hike deal won't be terminated: FNCCI
Abuse of Authority: SC orders action against two former CIAA officials
Minimal increase in Gurkhas’ pension
Six-lane road to bhaktapur: Median strip to be man-stopper
Warring unions, employers dig in heels
Tribhuvan airport to start 24-hour operation
Janata will achieve its targets, CEO
FIs insure Rs 22b slab with DCGC

Mar 31
DDC hikes milk price by Rs 4 per liter
DoC for easing LPG distribution
DPM Adhikari clarifies position
NRB mulls steps to revive stock market
Vehicular pollution control plan in limbo
Maoists give nod to energy crisis bill
Salary hike row: Govt vows to resolve crisis within 2 days
Indian envoy hands over CDS software to Nepal
NRB to file case in US court
Nepal Telecom to install 500 more towers
Minimal increase in Gurkhas’ pension