Monday, May 2, 2011

2011: May

May 1
NT defies Finance Committee's instruction
Govt firm on early budget
NT sees revenue from int'l calls drop by 50 pc
Budget blues: Govt bows down to oppn, revises budget plans
Change in plans: Loadshedding respite likely
Horsetrading' in Sadbhawana, 1m kickback for prospective defector
Honey at home fetches money
Govt seeks to import Rs 3 billion worth of oil on credit
Casino defaulter to face axe
Airlines slash fares as slack season sets in
'Too big to fail'
NT to roll out 3G data service Tuesday

May 2
Govt opens three tax service centers
Tourist arrivals up 34 pc in April
Budget blues: PM pledges to take oppn parties into confidence
16,000 aspirants apply for Korean language test on Day I
NT agm: Nepal Telecom mulls subsidiary company
NRC royalty row: Trade unions expedite efforts to resolve crisis
DoC bid to regulate co-ops' working
April arrivals up 34pc
Rural areas to get broadband services

May 3
'Sustainability of AFT program under threat'
Finance companies bear brunt of CEO salary cap
United Traders Syndicate gears up for Etios launch
Stock market crash not on cards: Sebon
NRB seeks police action against former honchos
India agrees on credit guarantee request
Hospital row: Resume services: SC
Teaching Hospital treasures withering on the vine
Gurkha Dev bank scam: NRB to freeze former officials’ assets
200 vehicles stranded in Birgunj customs for want of clearance
‘Normal fuel supplies by Friday’
Tinkune-Suryabinayak road formally opened
SEBON study reveals bright side of stock market
Fruit demand soars as temperature rises

May 4
Petroleum crisis to end by Friday: NOC
Honda Bros NXR is here
Clothing, footwear prices up by 13 pc
Banking on brand ambassadors
Community lodges built along new trails
Nepal still has a long way to go
Customs infrastructures high on agenda
Ncell clinches No 1 spot from Nepal Telecom
Slump in stock market, realty hits govt revenue
Banks slow down branch expansion
Banks post higher Q3 profits

May 5
16 int'l firms bid for metro feasibility study in Valley
20,000 LPG cylinders confiscated
NRB to unveil merger guidelines in 2 weeks
GDP may grow 4 percent in 2011: UNESCAP
Fake IC racket: Counterfeit IC notes found in food packets
MoE, JSSK, Sajha in blame game
Puja to meet revenue target!
Bridge to connect three districts
LPG bottler caught tampering with cylinders
NRB freezes NSM chairman’s bank accounts
Govt mulling incentives to encourage BFI mergers
Govt plans to upgrade Kathmandu-Birgunj route
Two new Hyosung models hit market

May 6
NRB freezes assets of NSMF boss
IFC portal to facilitate application for business license
DAO seals NPTL, summons proprietor
Fake notes totalling IRs 3 million seized
Taskforce urges ending NOC’s monopoly
42 pc of nation has access to Telecom service
Business licence e-portal at hand
Trekker count down despite rise in arrivals

May 7
Leaks, bad accord with IOC cost Rs 9.84b a year
Govt to arrange loan worth Rs 2 bn for NOC
Twitter hits new high with Everest "tweet"
'Tag economic freedom as basic right'
Fuel crunch hits cops’ movement
Retail business boom in Banke
Sliding down to TIA
NEA chief exec to be appointed through free competition
NOC scraps Sugam Gas’ PDO
ATF prices AT fresh Highs
We will invest aggressively in marketing

May 8
Nepal must be India-China transit point: Traders
74 Dhaulagiri co-ops may lose operating license
NTA to confirm number of subscribers
Officials oppose NRB-Taiwan MoU
Weather watch: Wettest pre-monsoon spell in three years
BBC Nepali SW concern
NRB to seize former NSM chairman’s passport
Sugam Gas case calls into question LPG business
More time sought for land acquisition for fast track

May 9
Strong Yuan hurting imports from China
Manaslu Festival kicks off
PM narrates LDC woes, seeks help
Call for equal hydel share
Preventive step: Govt team Macau trip over money laundering
Airlines hike surcharge amid rise in fuel price
Share issuance drops amid market slump
Tampered with LPG cylinders pose potential risk of explosion
The Unwisdom of Elites
Voice over Broadband Service: Delay in notice publication in Nepal Gazette hits project

May 10
Man who tampered with 15,314 LPG cylinders goes unpunished
Non-tariff barriers hindering Nepali exports
Microsoft buying Skype for $8.5 billion
Tourism fraternity decries NEFIN's banda
Appointment delay: Lack of commissioners taking toll on CIAA
Anti-tobacco bill in place
Rs 3.46b Aussie aid
The development debate
Hetauda gets its own theatre
Nepal Share Markets and Finance Scam: NRB to conduct independent DDA
Realty transactions through bank cheques: SC quashes govt rider
Nepal-China trade talks: Working group to solve problems
Two govt labs in final stages of getting int’l accreditation

May 11
China agrees to remove non-tariff barriers
NRB freezes passport of former NSMF boss
Cross border smuggling at peak
China seeks compensation for unpurchased planes
Maize imports up five-fold
Sebon licenses five new stockbrokers
Galleon Group founder convicted on insider trading
WB pledges $63m for improving municipal services
NSMF resumes services
Supporting bandas costs Nefin dear
NT, NEA to sign investment MoU on Upper Tamakoshi
Five new stockbrokers get SEBON’s okay
Farm sector back in priority list of donors
Finance ministry agrees to exchange Libyan dinar
$63m from WB
Immediate action sought against Sugam Gas Co
Merger guidelines are here, finally
One-stop shop for smartphones

May 12
16 firms vie for railway survey
NOC halts supply to two petrol pumps
China interested to set up factories here
New valuation affects imports from Biratnagar
KU Dhulikhel folk’s bread and butter
PRE-monsoon showers: Valley’s water woes likely to ease
NSU leader behind ‘forgery racket’ held
Tarai, Far-West banda brings life to standstill
Koshi embankment repair: Team asks for Rs 20m soon
TI-Nepal to PM: Penalise tax evaders
Food insecurity among landless: Gandarvas left high and dry
NRB unveils merger bylaws
NOC customers ‘being fleeced out of Rs 5.4b annually’
Green bean coffee export hits 120 tonne mark
Financial closure of 456 MW Upper Tamakoshi completed

May 13
NRB brings forceful merger by-law
Govt to come up with fresh wage package
Nefin banda throws life out of gear
Electric crematorium to see light of day
Petroleum Sector Reform mechanism: Cabinet endorses taskforce report
NAC forms study team for aircraft purchase
NTA to invite tenders for optical fibre network by this FY-end
NTA assigns additional spectrum to Smart Telecom
Simrik Air adds two choppers to its fleet
79 scaled Mt Everest so far this spring

May 14
Govt forms committee to reform NOC
Panel wants rural airfare fund revived
Contractor punished for misusing subsidized food
Census 2011 starts from Sunday
Bara villagers attack NEA men
Dev work budget likely to be frozen
Fake VAT bills probe slows down
Mechi-Mahakali Electric Railway: Selection of firm for detailed study soon

May 15
Lack of competition reduces fixed line penetration
Revaluation weakens drive to check illicit trade
NRB 2nd most vulnerable depositor after NA
Airlines raise fuel surcharge by 20%
CALL for Parity: Chhetri Samaj’s banda affects life
Nepse mulls guaranteeing loans taken against shares
Anti-money laundering measures: Nepal makes fresh commitments
Importance of branchless banking highlighted
To merge or not to merge
MRS on passports of migrant workers planned

May 16
'Budget will focus on capital formation'
Implementation of fast-track road project uncertain
Ncell reduces data tariff
Vadiya slams govt for not consulting pvt sector
Sudan scam: CIAA investigation makes a comeback
Aussie govt pledges Rs 2bn aid
Cancer hospital row: One hospital, two admins; patients, employees hit
NAC off the radar as Limbu-Kansakar tussle flares
Workers’ salary hike row: Govt formalising deal reached with minor trade unions
NOC lowers projected monthly loss to Rs 1.82b
50K foreigners came to Lumbini so far this year
Bluebird reinvents itself as Bluebird Mart
Ncell cuts data service tariff

May 17
Govt to relax capital spending cap on case to case basis
Kansakar, five others say not getting salary
Petroleum shortage hits eastern Nepal
Trade talks with Bhutan next week
New wage package for workers on cards
Pizza Hut expands menu
NTY promoted in US
Govt raises taxi fare by 17 percent
World Telecommunication Day marked
Impunity watch: Cases against Maoists being fast withdrawn
Taxi fare goes up
Govt not to let cross-border shoppers off the hook
Maize imports up five-fold
More agro producers seeking certification
146th World Telecom Day: ‘ICT crucial to rural development’
Sugam Gas faces five cases
Korea job: Nepal receives fresh 3,220 contracts

May 18
NRB admits weak monitoring for FIs
BoP deficit to stay, says NRB Governor
10 major grain producers facing food-deficit
Upper Tamakoshi hydel Project: PM Khanal lays foundation stone
Banks are safe: Guv
Farm output up, but food deficit increases
Appellate panel to scan NT-UTL royalty row
IMF to help NRB uplift its supervisory capacity
Nepal ready for next level of banking education

May 19
NRB to book errant bankers first
Nepali Embassy launches business support program in UK
Maoist workers shut down Syakar
Former Gurkha Dev Bank boss Bamjan in police net
Forestland encroached
Demos throw Valley’s traffic into disarray
Power pack
Migration, a win-win Approach
Stalled Chilime IPO plan all set to materialise
Tea industry crisis: Govt forms panel to recommend solution
DDC cuts supply amid low milk production
Agitating workers close Honda, Hero Honda showrooms
Four link roads to Fast Track planned
It’s always struggle for rural telecom operators

May 20
Trade deficit yawns to Rs 239.14b
‘Will drop political cases’ Mahara
No conscription proviso in statute
Brahmin Samaj banda hits western districts
COMMERCIAL BANKS’ Q3 RESULTS: Banks’ profit growth slows down
Anti-money laundering measures: House bill panel okays AML amendment bill
Export up; trade deficit balloons to Rs 239b
Paragliding the new growing rage

May 21
Govt for realty deals via registered brokers
10 NAC co-pilots grounded for staging protest
New law to tighten SCC operations
Fake vat bill probe: Tax compliance level rises
Sugam gas row: Complaint against DPM filed at CIAA
Rural telecom service providers' woes: Govt bid to bring RTSPs up to scratch

May 22
NRB household survey every 5 years
Money laundering bill ready for House
General strike: Chhetri Samaj renders Valley lifeless
Frequent strikes hit hotel occupancy
Pvt sector forms alliance against bandas
Nepal to sign labour pacts with Malaysia, Lebanon
Traders halt transactions at Tatopani Customs
Birgunj Finance, Himchuli Bikas merger gets nod

May 23
Govt tightens customs points across the country
Protest against customs tightening
Smuggling rife in Materuwa, Daraiya
Tatopani customs shutdown enters Day II
GMR attackers yet to be identified
Govt offices flouting tax law: AGO
NRB to let BFIs narrow down working area
Janakpur Cigarette Factory halts production of major brands
Govt enforces new pay package

May 24
Nepal to seek zero tariff on 300 goods
FNCCI, CNI oppose new pay package
Tatopani customs back in business
Save Everest team collects 5 tons of garbage
Good revenue from herb export
Employers up in arms against new salary provision
House endorses Anti-Money Laundering Act
TIA to get satellite-based navigation system
Provisioning surges 64pc as bad realty loans swell

May 25
Promoting Nepali culture, delicacies in Hong Kong
Govt downsizing small customs by one-third
Commercial paragliding in Bandipur from August
Tibetan officials commit to promote NTY
Attack on hydel project offices: Govt vows to bring culprits to justice
Customs revenue falls short of target
New salary provision: Govt move unilateral: ANTUF
Newly-built helipads at TIA falling apart
Garment export up 13 pc
Commercial Banks in Q3

May 26
MoF flooded with budget requests for politically motivated projects
NTA starts study on 4G technology
16 govt websites hacked in a month
NFC halts food distribution in Humla
NSM SCAM: More of Shrestha’s offences come to light
Tourists avoid Chitwan due to constant bandas
Stockbrokers hit by market slump
Five banks sued for ‘not providing committed loans’
New provision on spectrum assignment soon
Energy efficiency audit helps factories cut costs

May 27
Bhutan may waive tariff for 300 Nepali goods
Revenue collection up
Panel to probe Sugam Gas
A Brief History of Constitution-building
Another banda hits Valley life
Merger fever grips BFIs
Unclaimed autos at customs to be auctioned
SDF boosts revenue collection at customs
Travel traders fear strikes could affect next season

May 28
Four-year plan to build, repair bridges on cards
Strike spurs food shortage in Rukum
Chicken price declines further
Five-pt deal sees CA term extended by 3 months
8 Jordan-bound women rescued
NRB mulls sending
DRI all set to auction casino operator’s land

May 29
Fertilizer shortage hits tea farmers
ILD licenses granted to NST, STPL violating procedure
Int'l Sagarmatha Day marked
Illustrious industrialist Dugar no more
3 varsities’ budget likely to be frozen this yr too
Uncertainty looms over timely budget presentation yet again
Telecom service quality: Brazen bags contract to conduct study
Number of SDF users on rise in Bhairahawa
Industrialist Dugar passes away
Half of listed firms miss Q3 report deadline
Sebon endorses regulations on rating agencies

May 30
India delays DPR of trans-border railway links
Market flooded with fake cosmetic products
Tourism entrepreneurs plan promotional campaigns in Indian cities
Banke farmers get better price for wheat
Health to be made more accessible in 7 districts
Aircraft purchase plan: NAC must go the RFP way: Panel
BoP deficit worsens again
Scheme to share telecom infrastructure to be finalised
Increased cost of funds pushes up lending rates
Nepal-Bhutan trade Talk: Nepal, Bhutan exchange lists of tradable items

May 31
Nepal asking India to drop additional lock
Bio trade meet kicks off
Bio-trade, green economy week on
six-lane Road woes: Stray animals a pain in the neck
United Dev Bank honchos nabbed
Registration of motorbikes falls to monthly low
DoC to monitor co-ops closely from next FY
Sebon allows online report submission
Govt revamps PPMO to enhance capacity
GDP focus to be quarterly now