NepaliEconomy.com

2011: December

2011-12-28T06:05:00.003-08:00

Dec 1
Insurance cos bear brunt of protest at IB
Compensation proposal fails to figure in Cabinet meeting
Gold is Rs 55,800 a tola

Dec 2
IOC jacks up export rates
Govt loses a third of Rs 357m distributed among cooperatives
In remittance-GDP ratio, Nepal stands 6th worldwide
No respite for market
Punish thieves within a week: PAC
NRB pushes for asset management company
'Cut int'l interconnection rates'
Chicken price, demand go down

Dec 3
Govt mulls overhaul of social security program
$15b Indian investments possible in hydropower: Indian envoy
Lightning protection system in the market
Auto sales not picking up, dealers a harried lot

Dec 4
Trade deficit with India decline by Rs 1b
Bird flu, drop in goat supplies make mutton dearer
Decision to dissolve HLCIT draws experts' flak
For big fat wedding, only star hotels will do
IB staff extend protest program
PAC asks self-employment fund to furnish financial details

Dec 5
Govt picks South Korean firm for Metro study
Internet coming soon in Annapurna base camp
Nepal-India commerce secy level meeting begins Monday
NT promises congestion free network with BTS vans
Surge in price chills microwave sales
Fruit prices soar as supply falls
Clarion call to enforce competition law
Fake VAT bills probe to complete by mid-Feb: Minister Pun

Dec 6
Hydropower loans at not over 10 pc interest
Govt issues PEs mgmt board formation order
India agrees to simplify duty refund procedure
Commercial skydiving begins in Pokhara
Germany provides grant of Rs 219m
Orthodox tea causes more than a storm in the stores
Diesel in short supply

Dec 7
Talks strike off additional duty, DRP
Into Countryside: Retreat tourism takes root in Pokhara villages
Sharp drop in seasonal veg prices
Sugar price, output under stress as farmers delay harvest

Dec 8
NRB looking at bond sales to BFIs out of Kathmandu
Hotels along Annapurna trail still out of tax net
Govt extends Rs 80m to Nepal Drugs Ltd
Banks to insure deposits by mid-Dec
Economic performance 'good', power cuts 'downer'
NCell takes action against over 200 card retailers

Dec 9
NRB mulls cap on multiple lending in microfinance sector
Nepal-China to sign pact on construction of 4 dry ports
Bijay Babu remembered
FDI inflow down in South Asia
IRD initiates action against 46 shops for not separating liquor section

Dec 10
Foreign returnees make millions in fishery
Diesel shortage hits large development projects
Internet penetration grows 54%
Mills will pay Rs 411.50 for a quintal of sugarcane
5-day Pokhara street fest to begin from Dec 28
Nepali lentils' overseas market shrinks
NFC to pay less for paddy this year
Power-cut hits oxygen production

Dec 11
NOC enforces dual pricing for diesel, kerosene
Petrol price will increase: Minister
Exclusive & Exquisite: Electronics brands bet big on new showrooms
Imported coffee brands getting dearer
Roll back diesel price-hike for industries: FNCCI
Medicinal herbs export triples

Dec 12
Government unveils subsidy on seeds, organic fertilizer
Top five nominees for 7th Crity awards declared
Gold price drops to Rs 54,750 per tola
Entrepreneurs not to buy diesel unless govt withdraws dual-pricing
Ghimire floats 6-point plan for trade facilitation
Rise in customs valuation makes branded jackets dearer
Govt to roll back dual pricing on diesel, kerosene

Dec 13
Nepal to seek US$ 5b credit during Wen visit
Stop allocating 3G frequencies, NTA told
CIAA wants end to dual appointments in PEs
Govt to procure nine aircraft
Weak monitoring spurs food adulteration
MoI proposes PM to lead Investment Years campaign
'Low call charges within each network major reason for owning multiple-SIM'

Dec 14
Report cases of labor unrest within 3 days, labor offices told
Govt all set to give Rs 1b to NOC
Bhrikuti paper mills assets frozen
Govt to pump Rs 50m each in Nepal Drugs, Gorakhkali Rubber
Ncell to double CSR activity
Govt to import 100MW from India by mid-Jan
Sugar prices up 15%; new stocks to come only a week later
B'Nagar entrepreneurs hit the streets
Importers asked to declare MRP of 11 new products from Jan 15
Complex govt procedure responsible for NT's shrinking business: Gupta

Dec 15
Pre-contact commissions slow development spending
Govt to enact new law for PEs
Nepal, India agree to reinforce power infrastructure
Kavre IT fair from Thursday
High security for industrial fair
Nepal focused decentralization workshop held in India
Expedite development works, FM instructs secys

Dec 16
United Dev Bank faces liquidation
Sebon for relaxing income disclosure provision
Nepal, India to strengthen power transmission links
Software stalls attracting more visitors
Greenhill City opens booking for standalone homes
Talks yield no results, IB strike into 28th day

Dec 17
NT privatization in limbo
Commercial banks meet CCD ratio target
TIA to have new tourist taxis
Power-cuts vs inverter sales
Beat the chill with Sherpa's latest offerings
NT preparing to blacklist AsiaInfo

Dec 18
The million-mark milestone for Mid-Western region
Carpet industry: Thinking overtime to retain slipping int'l market
From Manang to Lumbini: A new trail to discover the joy of trekking
Biratnagar entrepreneurs picket NOC
Info-Tech Biratnagar to feature 5 events
Govt offers less support to exporters to participate in int'l trade fairs
Advertisement industry slows down
Hotel Vaishali shut indefinitely

Dec 19
Three casinos to face closure, 6 licenses to be renewed
Credit growth slumps in first two months of Q2
Insurance Board opens after a month
B&B launches new range of Kohler bathroom fittings
Chicken price drops below production cost
IRD completes probe into 435 cases

Dec 20
Retailers to stop selling tampered LPG cylinders
Demand for bank locker soars in Pokhara
Two cement factories starting production in two months
Declare 2013 as Women Entrepreneurship Year: FWEAN
Citrus fruit yields up by 4,000 tons
Veg price upheavals continue
Industries shut to protest dual pricing for diesel
US investors interested to invest in solar energy, civil aviation, telecom: US envoy
Ford India's Discover Smart Drive Season-2 to conclude in Nepal

Dec 21
Ministers ask millions in unbudgeted doleouts
Jajarkot village harvests oranges worth Rs 10m
Govt okays Trans-Asia railway network pact
'Issue single permit for GHT'
Domestic brands increasing market share
Smart Power brings some exciting solar energy solutions
Mangalam Industries introduces C-PVC pipes & fittings
New committee formed to determine cash incentive amount for exports

Dec 22
Govt to roll back dual pricing on fuel in 2 days
DRI takes DSP under control for smuggling
Nepal Drug's VRS plan hits snag
Govt to roll back dual pricing on fuel in 2 days
Corner Taja Gudpak resealed
National industrial fair kicks off
Three unpopular decisions in offing, says FM
Automated check clearance from Dec 29

Dec 23
CAN InfoTech kicks off in Biratnagar Friday
Railway study pacts delayed over dollar guarantee
CAN Info-Tech Biratnagar kicks off
Govt told to appoint market inspectors in all districts
Top hotels roll out attractive packages to mark Christmas
Govt defers oil price hike, again
Please, bring down lending rates: FM
India opens access to Nepalis at IGIA duty-free shops

Dec 24
'Shortage of Ncell recharge cards to be over within a week'
New items at gift shops lend new colors to festivals
Eclectic ambience, great foods & fancy parties

Dec 25
When PAC is not part of the solution
Police bust racket of smuggled sugar being sold under Nepali brand
Hotel Vaishali back in business
Chinese goods no longer cheaper
Craze for Nepal-made footwear on the horizon
30 Sauraha hotels announce special package

Dec 26
Lenders seeking collateral for collateral-free loans: Report
Now Tibet imports Nepali carpet
Shrestha, Ghimire bag SEJON award
Gold dealers submit memo to PM
'ICT fair a grand success'
FNCCI forms taskforce on energy crisis
Made-in-Nepal footwear pay 35% duty on imported raw materials
NT, AsiaInfo sign final pact for convergent billing
Expansion bug bites CNI

Dec 27
Govt may refer to PE formation order to appoint chiefs of PEs
Bandipur locals converting traditional houses into lodges
Rs 450m more needed to complete widening of roads
Registration of new co-ops plunges 66%
FNCCI to organize Int'l Trade Fair in April
Nagarkot now boasts a brand new deluxe resort
MoCS sends action-plan to MoF for aggressive economic diplomacy
NTA turns to MoF to recoup royalty dues from UTL

Dec 28
New policy to accord industry status to housing
Branding: Jewelery biz gets glitzy, capital-intensive
Fuel shortage deepens
Reach for some dry fruits this winter, they're coming cheaper as well
Street festival kicks off in Pokhara
Housing, auto market slump inflicts huge revenue loss
Indian potato in Nepal, Nepali potato in India

Dec 29
Promoters flee with money, 4 co-ops facing action
Ministries fail to produce results, capital spending barely 5%
Registry plan no-go for lack of money
Taskforce recommends easy exit for dying companies

Dec 30
Snowfall at UWTC
For a five-star beginning of the New Year 2012

Dec 31
Air Safety is top priority: Minister Magar
Govt set to remove handpicked chiefs of PEs
Hello Sarkar, where's the fuel?
Lenders urge NRB to unfreeze Krishi Premura’s property

2011: November

2011-12-28T06:05:00.001-08:00

Nov 1
Four new paragliding firms start operations in Pokhara
Govt vows stern action against VAT evaders
Land acquisition rate fixed for KTM-Tarai expressway
Nepal-China trade fair from Wednesday
Tourism peaking up in Ilam
When your washing machine decides which detergent to buy
Hotels in flood-hit Thailand offer big discounts

Nov 2
Tourism ministry asks CIAA to make instruction clear
Rafting in Kali Gandaki to begin from Sunday
Hyundai Eon coming this January
65 firms move Revenue Tribunal
Govt to hand over Janakpur Railway to Rail Dept
Nepal instructed to fulfill AML commitments by Feb 2012
October saw record tourist arrivals
Nepal-China trade fair kicks off
Nepal, Czech Republic to form joint economic forum
Nepse surges 16.37 points with three-time circuit break
Indian veg dominates Kalimati market as Nepali supplies shrink
NTY panel confused after CIAA fiat to put all programs on hold
Noodles prices go up by 20 percent

Nov 3
Govt spending Rs 4m per month on defunct NDL
Cases at labor court go up
Nepse falls to 343.54 points amid protests against peace deal

Nov 4
Govt to bring new laws, polices to lure FDI
Industry minister blames MoF of lack of coordination
Restaurants see no growth in biz despite year-long tourism campaign
Inequality drags Nepal down in global ranking

Nov 5
Govt seeks employers help to create job database
US firms bullish on Nepali IT sector but wary of attrition
Winter apparel expensive by 10 to 15 percent
Innovation, novelty keep some photo studios going, others giving up
Rupee gains value against dollar

Nov 6
Organic certification of coffee begins in Palpa, Kaski
Housing developers flouting safety norms, rules: Report
IMF to reinstate Nepal office
Nepal-China Tibet trade fair concludes
Govt told to keep tabs on multinationals
LPG subsidy in for a review, dual-pricing on the cards: Minister

Nov 7
'478 km of waterways possible in Koshi, Gandaki, Bheri'
Home-stay tourism begins in Astam
Yeti Airlines hands over donation cheques to 4 social organizations
Hotel shops turn tourist hotspot as Thamel handicrafts go out of favor
Nepal asks China to remove trade barrier, boost investments

Nov 8
Govt to study feasibility of SEZ in three more districts
Lack of awareness of workers, banks staff discouraging formal transfers
Small is beautiful
Banks slash short-term lending rates
Country's oldest tea plant set to resume operations
Gold hits new high of Rs 54,700 per tola
Price of vegetables continue to rise
Cement, steel dearer

Nov 9
NAC loses court case, to be vacated from Janpath
Model veg, livestock farm gives Pokhara countryside a reason to cheer
Korean firm seeks go-ahead for 2nd international airport
Nepal-India IGC meeting in Dec
Gold hits record price of Rs 55,200 per tola
If winter is around, can boots be far behind?
Leading ISPs consolidate their position

Nov 10
Guidelines for Farmer Card ready for Cabinet to endorse
Schedule flights to Lukla resumes Thursday
Gold drops Rs 500 per tola

Nov 11
Govt to build SEZ, industrial estate, dry port in far west
Six financial institutions get merger approval
Govt to restrict transfer of apartment ownerships of 19 developers
China's Sinopec to pay $3.5 bn for Brazil oil stake
Sugam Gas will be punished: Minister Bhatta
Festival sales ease the depression in auto market

Nov 12
Is cash incentive for exports a flawed policy?
Tourist vehicles face extortion in Myagdi, Mustang
Essential food items become dearer
Activists protest entry of Monsanto seeds

Nov 13
NT to launch IP CDMA by Dec
Pvt vehicles barred from carrying tourists
Twin Otter landing gear units missing: NAC
Strict guidelines for housing developers in the offing
Kakarbhitta dry port awaits its potential to be tapped
Hyundai Elantra coming this Jan
Debit cards use growing steadily
Case filed against recommendation committee

Nov 14
Korean firm selected for DPR of East-West rail network
Draft regulation on Microinsurance Fund ready
Germany gives Rs 54m to WFP-Nepal
Before you invest in colorful stones, find out a little about them
Nepali carpet flooring becomes dearer

Nov 15
Fertilizers' price won't be hiked for now: Minister
TAAN proposes lowering TIMS fee for SAARC nationals
After realty fiasco, banks eye agri sector
Construct proposed airports, PAC tells MoTCA
Gold stable at Rs 55,200 per tola
Gas heaters most sought-after, demand for kerosene heaters nil
Nepal Bank raising Rs 4b to boost capital
No festive cheers for dealers of home appliances
Food ration cards to be introduced in a month
Oberoi group exits Soaltee Hotel

Nov 16
Govt unveils action plan to fight money laundering
Treasury bonds to mop up excess liquidity
19 firms move Revenue Tribunal
Ncell launches Wi-Fi router
Nepal Bank celebrates platinum jubilee
Seasonal veg prices down
What's brewing in coffee outlets, wonders the industry

Nov 17
Action against tax evaders boosts VAT collection
IB to bring NGOs conducting micro-insurance business under its ambit
Customs revaluation makes Chinese apparel dearer
Insurance Board staff threaten strike
PM for expansion of anti-poverty program
20 entrepreneurs vie for social entrepreneurship award
Govt, big houses relations has soured: FM Pun

Nov 18
Trade unions agree to hire and fire, no-work no-pay provisions
NDB ex-Chairman Gurung in police net
20 social entrepreneurs showcase their biz ideas
TRENDnet products in the market
Goldstein meets PM
NTB pats its back on NTY campagin

Nov 19
More tourists use Tatopani to visit Nepal, China
Farmer-turned migrant worker back to farming
Developers eating out of customers' hand
NT earning Rs 90 million per day
Tap India and China, says Khanal
Winter wear hits the market
Winter & Wine go hand in hand

Nov 20
189 firms seek review of tax assessment
Skoda Yeti Diesel to hit Nepal's roads this week
'Inspect markets throughout the year'
Capital tastes self-sufficiency in chicken supply
ADBL appoints consultant to start divestment process
Insurance Board staff on strike

Nov 21
Liquid fertilizers to ease shortage
Declining pollinator population alerts experts
Stage set for IHRA World Congress
Generator sales not picking up pace
Rupee hits 32-month low
Recycled jewelry steals the thunder of soaring gold prices
It's time for recognition & limelight for social entrepreneurs
Declining pollinator population alerts experts

Nov 22
Customs chiefs oppose MoF idea to levy goods worth Rs 1,000 and above
Absence of law hurts Bhairawa SEZ prospects
Imports, exports come to a halt Biratnagar customs
Rupee falls to record low against US dollar
DoC gears up for second phase of market monitoring
Biratnagar customs back in business
Postal stamp on Late Khetan unveiled
Close casinos not paying royalty dues: PAC directs govt
NT seeks incentives, autonomy
Close casinos not paying royalty dues: PAC directs govt

Nov 23
New directive aim to ensure quality meat supply in Pokhara
'Nepal ready to host AdAsia 2017'
Social Security Fund fails to raise expected amount
IC black marketeering rife in bordering towns
Organic coffee exporters are the first to receive cash incentives
PAC smells a rat in NT's procurement process
Inconsistent supply sends fruit prices soaring
NRB mops up Rs 5.4b through reverse repo

Nov 24
Experts predict a bumper growth in poultry business
RMDC to issue shares to public
Key investigators transferred
Closed-door talks to review thornyissues
Paddy production hits a six-decade high
India allows NRB to invest in 91-day T-bill
IFC invests $700,000 in RMDC
ADB provides $65.5m grant for education sector reform
Pun gives lame excuse to defend his action

Nov 25
Nepal could export rice after 15-yr gap
India to finalize ToR for Pancheswor soon
Discourage petroleum imports: Indian envoy
After embarassing the management, resort workers report to work
'Though a little expensive, branded jackets are durable and reliable'
LDCs' concerns raised in Vienna

Nov 26
Allo fiber leads woman from rags to riches
MoF nod to ratify Asian rail network pact
245 megawatts power import from India only by 2013
Bike registration up four-fold
My dear, artificial bouquets are no less dearer

Nov 27
Draft Act envisions fast-track, on-the-spot resolution of labor unrest
WAM's wedding management services
Budhathoki new CEO of ADBL
From footfall to windfall: Craft fair ends on a solemn note
IB staffers extend protest program

Nov 28
India wants IC-dollar parity for DRP
IHRA World Congress kicks off
Lawmakers upset with MoST decision
9th Handicraft Trade Fair concludes
SC stays BIPPA implementation
Diesel version of Skoda Superb hits the road

Nov 29
Govt asks WB for Rs 5b to boost DCGC's capital
High output, low demand: Large cardamom price hits a 2-year low
Edible oil, sugar dearer in market
Hyundai leads vehicle market
Automated check clearance to go live on Dec 12
AsiaInfo meets NT over non-delivery of billing equipment
Probe thefts of NA aircraft spare parts, PAC orders govt

Nov 30
DRI unearths 300 new cases of IC misappropriation
Largest paper mill closing
Gold at record high of Rs 55,500 per tola
HAN, China Tourist Hotel Association in pact to promote tourism
Demand for chicken down 20 pc
Rising supply moderates veg prices
Minister justifies decision to dissolve HLCIT
BoP surplus jumps to Rs 33.89b in Q1

2011: October

2011-12-28T06:04:00.003-08:00

Oct 1
Troubled FIs fail to raise withdrawal ceiling
Big trade unions agree on no-work-no-pay
Apple production down by 60pc in Jumla
Strict customs check improves trade in Biratnagar
Festive shopping going on in full swing
Ad biz records 30% rise in festival season

Oct 2
Workers flout 4-yr industrial peace deal
Rising cost of production blunts Nepali carpet's competitive edge
Tourist arrivals up 11 per cent
Developers use Dashain as property discount season
Dashain hotel packages selling fast, if not already sold out
Dashain rush an acid test for transporters

Oct 3
Life insurance revenue up 18pc
Soap industry resumes operation
Fruits, vegetables dearer by Rs 10 to Rs 20 per kg
Chitwan retailers announce uniform pricing for food items
Traders fleece consumers as demand for goats hits peak
Hotel occupancy rate peaks in Pokhara

Oct 4
Nepalis may splurge Rs 120b this Dashain
Big RMG producers resort to outsourcing
Strict school rules affect bike sales

Oct 5
Apple unveils iPhone 4S; but no iPhone 5

Oct 8
Govt begins process to bring foreign nationals under Labor Act ambit
Latest jewelry designs for coming wedding season
"45,000 goats, sheep sold during Dashain"

Oct 9
UK trade mission to visit Nepal next week
Peak season biz normal, punches a hole in NTY hype
Rs 200m flows in Dhaulagiri during festival in remittance
Price of Mustang apple decreases
NRB directs banks not to issue balance certificates
Vegetables, fruits still expensive
NLIC on top with revenue at Rs 2.31b

Oct 10
Demand for ready-made kitchen growing
Six-lane road in limbo for lack of budget
Govt mulls opening all PPP options
Embroiled in low pay and poor performance dispute
Govt raises petroleum prices; petrol dearer by Rs 3 per liter
Americans Sargent, Sims win Nobel economics prize
Gold continues to glitter, silver stable
NRN Conference from Wednesday
Thanks to selective market inspection, sweets traders has a bitter Dashain
Substandard food items flood Pokhara markets

Oct 11
Govt all set to raise capital of DICGC
Jungle Villa Resort with full jungle safari package to open soon
'Construction of Tatopani dry port to begin this year'
Gold prices up by Rs 500 per tola
Footland shoes in market
Kids' perfume trendy, adults' stagnant
Airlines report normal business during Dashain

Oct 12
PAC tells govt to dissolve three PEs
32 factories shut in two decades
NRN Global Conference kicks off Wednesday
ADB vice-chairman meets PM, Minister
Gold price down by Rs 200 per tola
Canned foods grabbing more attention
Syakar delivers Honda CBR 250R to 28 customers
NRNs push for dual citizenship
Don't risk fiscal balance for big-ticket investments in infra: experts
Everest Hotel to add 90 rooms, restaurant

Oct 13
Govt injects Rs 500m into DICGC
Chinese team studying feasibility of regional airport
NRN conference turns nasty onpoll eve
Sitapaila drinking water sealed
BlackBerry maker says service fully restored
Honda Brio hits market
PM woos foreign investors in hydro
Utilize NRNs network to bring in investment: Pvt sector
IMF urges Nepal to strengthen tax administration

Oct 14
Govt directs PEs to implement PAC recommendations
Firms to be selected for metro DPR
Death of icon Jobs feeds iPhone mania
NOC to take loan from banks for servicing debt
Minister commits to minimize power cuts
Festive boost to dry fruits' prices
NRNA commits to build hydro project

Oct 15
Developer offers car on purchase of home
Nepal to take credit line of Rs 20b
ADBL to induct strategic partner
Nepal imports Rs 170m worth of apples from China
Google killing Buzz service
'Nepal is the Switzerland of South Asia'
NTA to formulate merger and acquisition policy
Pashmina winter collection hits market
Two-wheelers' sale in Bagmati zone lower
CIAA seeks transaction details from NOC

Oct 16
Chinese tourist - No more a budget client
Kalanki-Koteshwar to turn into an eight-lane road
Taking a cue from PM, Golchhas to ride Mustang
Commercial paragliding in Bandipur soon
Yamaha FZS gets a makeover
As gemstones rise in popularity, prices also look up
NSMF to sell Star Mall to repay loan
Chic new restaurants take the grandeur of Pokhara a notch up
Minister apprises trade delegation of investment opportunities

Oct 17
IB fixes 10% cap on agents commission
Sony Centre formally launched
Int'l Carrier Partners Meet of NT begins
Price of veg, fruits continue to rise
Inspection teams zero in on dry fruit stores
UK delegation seeks clear investment policies
Govt fixes rates for foreign employment insurance

Oct 18
How long will Maoist leaders ride tax free?
New Sebon boss vows to boost investors' morale
Nepalis in Qatar can send money via mobile
Govt to unveil ready-to-go projects for FDI
AAN against decision to remove hoardings
UK delegation calls on Prez
Hotels report 100% booking till mid-Nov
Dry fruits stores found involved in VAT evasion
PM urged to import dairy cattle from India
WB to give $400m over next two years
Mushrooming coffee outlets to be monitored
Fresh case against Sugam Gas owner likely
Four-wheelers selling slow, expensive ones very slow

Oct 19
Advertisers claim loss of Rs 7.2m, demand compensation
ADBL, Israel renew capacity building agreement
Flower prices to rise during Tihar

Oct 20
Jumla farmers set paddy crop on fire
IRD slaps tax bills of Rs 3.45 billion
Banks flush with cash, borrowers wary
Nepal has better environment for doing business: IFC, WB
Weak leadership, corruption halting Nepal's growth: Gallup
Himalayan Sanx asked to halt production

Oct 21
First Apple authorized reseller store at Civil Mall
PM charms Indian biz community, assures investment security

Oct 22
Int'l air tickets selling out fast
Fresh milk crunch forces Sujal to run at half capacity
Festive offers fail to lift realty transactions
'Top brands of iron rods low in weight'
BIPPA will serve country's economic interests, says PM
Appeal panel to hear ISP-NT ADSL dispute
Dhading top veg supplier district for last eight years
Geely crossover set to hit Nepali roads

Oct 23
Panel formed to draft Social Security Act
South Asian financial association for development: SAARC Gen Secy
Fruit sales, prices increase
Machhapuchhre Bank eyes merger
NT to take broadband internet to all VDC offices
Reduced supply makes dry fruits dearer
FAN fixes price of marigold garlands
Biratnagar's big retail stores evading taxes
IB calls firms to immediately launch microinsurance programs

Oct 24
'3 ISPs bought Rs 140m worth of recharge cards for illegal VOIP'
Govt raises daily wage of farm workers
Paragliding flights turn dearer by Rs 700 an hour
End stagnation in bilateral economic engagement: CNI Prez
Fluctuation in veg prices continues
'Opaque firms, legal entities concealing corrupt money'
Tihar shoppers make dept stores latest hotspot
Trade deficit increases to Rs 333 billion

Oct 25
Govt drags feet in food adulteration cases
Satellite accounting for tourism sector on cards
Sign BIPPA with more nations: FNCCI
Inspection sting still pains sweets shops
People switch to plastic garlands as flower becomes expensive

Oct 26
Govt to issue white paper on subsidy, trade
Sanima gets nod to upgrade to class A bank
BoP surplus at Rs 17b, inflation softens to 8.5%
Row over compensation amount ends
UML demands closure of polluting meat processing unit

Oct 27
SAARC program for production of pulses in offing

Oct 28
Info network to attract investment
Foreign employment policy reforms in the offing

Oct 29
IndiGo begins Delhi flight, offers return ticket for Rs 8,063
Beauty products keep cash registers ringing at Dept stores
Construction loans up 5.7%

Oct 30
SG Global bags Mahindra two-wheelers dealership
Top export items show rosy growth prospect
Tourists arrival in Bandipur up
Farmer Card on the anvil
Govt releases VAT scam report
Gold sales surged three-fold during Tihar
Eastern City ignoring building codes
Travel agents exalted at the wonder called Chinese tourist
NTA forms panel on numbering plan
Gorakhkali Rubber stops production
Microcredit firms ask for separate credit info bureau

Oct 31
Qantas resumes operations after bitter labor row
Vegetable prices continue to rise
Thai eateries in Ktm get a jolt of Bangkok floods

2011: September

2011-12-28T06:04:00.001-08:00

Sep 1
Jewelry sales drop in Pokhara
Commercial banks show low trust on FIs
Liberal margin lending fails to boost investors confidence
PM's Mustang connects well with Made in Nepal tag
Nepal's first Yamaha bike station launched
NADA Auto Show next week

Sep 2
Butwal municipality to intensify rental tax collection
Govt to set up 13 taxpayer service centers outside the valley
NPC Vice-chairman Devkota resign
Tourist arrivals jump 26.4 pc
Economic cell in PMO
MoCS proposes price cut & fair price shops in a month
ABB and SFCL sign MoU for merger

Sep 3
Oil loss costs Nepal Rs 5.59b in 2010/11
Expensive? Revisit your perception about branded tiles
Tourism & festivity can go hand in hand

Sep 4
DFTQC to step up food inspection
Two-wheelers registration slumps
NRB asks banks to cut lending rates
Sugam case mocks rule of law, consumer safety
Lack of funds, officials with expertise hit railway plans
NFC to purchase 4,000 goats for Dashain
FNCCI flays politicization of labor unions
NT slashes data tariff by 33 percent
Ceramic kitchenware in vogue

Sep 5
TV stations told to go digital by 2017
DRI uncovers new cases of IC abuse
Four Dharan drug makers close factories
Int'l poultry, livestock expo next week
DoC seals two popular gudpak outlets, production units
Workers launch hunger strike
Suggest areas for investment, Asia-Pacific investors asks FNCCI
DRI unearths misappropriation of additional Rs 110m
Ananta expo in the offing
Fire and Ice shuts down after workers refuse to serve under new manager

Sep 6
Malls, department stores warm up for festive season
BoP in surplus at Rs 2.93b
Adarsha Jalpan Griha locked
Thapa new president of TAAN
Veg prices drop
Gold hits record high of Rs 54,200 per tola
Hyundai leads passenger car segment
Finnish firm approaches NT to deploy LTE network

Sep 7
FNCCI to identify major projects for FDI
DAO instructs police to arrest Anamol proprietor
DRI seals warehouses of three more firms
Volkswagen launches Polo, Vento
Nada Auto Show kicks off

Sep 8
Paint companies launch promotional schemes ahead of festivals
DoC destroys expired, substandard food products
Control use of fake customs documents: FM Pun
Three arrested in Anamol Sweets case
Nepal climbs 5 places but continues to suffer from ills of transition
Vintage Beetle rally reaches Biratnagar
Ncell's offer for corporate clients
New Picanto at NADA Auto Show
'Set up consumer hotline'
Police arrest inedible gudpak producers

Sep 9
Surya Nepal plans switchover to FMCG
Mutton awaits a price-cut
FCAN AGM kicks off
Batas Organization opens three auto showrooms
10-day remand for unscrupulous traders

Sep 10
Record 95k trekkers visit Annapurna area
Social security scheme not possible in a month: MoLTM
Mild Act followed for fast track justice
Ban strike on export industries: FNCCI
Doing petty jobs with a touch of class
Volkswagon Beetle rally welcomed by Sikkim govt

Sep 11
Stuck with labor issues? Apply give & take
Number of large tax payers doubles in 5 yrs, revenue triples
Pun sees banks' role in IC misappropriation
NFNTE announces ticket bookings for Dashain
Airlines cautiously optimistic about Dashain bookings

Sep 12
Ready-to-eat food products grabbing more attention
Market monitoring in a shambles
Farmers of Prez's native village take to the streets
'Ncell ready to pay royalty if other players clear dues'
NFC, traders bringing in 100k goats, sheep for Dashain
Food wholesaler in custody
FHAN emporium at Thamel receives mixed response
Crity Awards in controversy

Sep 13
Deputy Governor to lead high level probe panel
Biz community seeks action
South Asia and China Trade Fair from Thursday
PAC forms sub-committee to study BFIs
Substandard rice seized in Pokhara
Chapagain new SEJON President
Can't sustain operations sans GSM license: Rural telecom operators
Locally produced oil in Meizan containers!
Irresistible hotel packages for Dashain holidays
Three Ktm firms selling substandard food, beverages sealed
'Gudpak samples contained high levels of bacteria'

Sep 14
Bridging the gap: Money Expo to conclude Wednesday
NOC jacks up import to manage festivedemand
Radiant Gas Industry sealed
Nepse sheds 6.42 points
SAARC Business Leaders Conclave in the offing
Monitoring team raids dairy producers, water processing plants
Consumer durable dealers bet big on festive season
'Political stability must for business friendly environment'
NRB seeks clarifications from six banks
NT refuses to pay license renewal fee

Sep 15
Sweets' sale drop 50 pc amid quality concerns
Midas CAN SofTech 2011 kicks off
Govt seeks sweeping action to plug revenue leakage

Sep 16
Inspection exposes more sweet shops
Hospitals skimp on hygiene
Govt pushes third-party insurance
Sharma says he is not owner of Anamol Sweets
'Don't politicize budget proposal'
Monitoring team seals dealer of HP Gas

Sep 17
Nepal could get WB assistance worth $460m
UTL's plea for royalty waiver rejected
Govt drags feet on bringing SOEs under single regulatory authority
Local solution for social media marketing unveiled
Offers galore on two-wheelers
Fair for a complete Dashain shopping

Sep 18
IOC cuts down on supply, NOC seeks Rs 1.5b from govt
IRD seeks Rs 2.96b from VAT defaulters
Factory making Rara, Aaha noodles closed
'Bank staff involved in fake declarations leading to illegal IC withdrawals'
Midas CAN SofTech 2011 concludes
Exhibitors scouting for biz partners
Use TIFA meeting to boost exports to US: GAN

Sep 19
Chicken skin in mo:mo; Earthworm, flies in jar water
Drug producers rush to get GMP certification
Troubled FIs mull raising deposit withdrawal ceiling
Ministries ignore MoLTM plea for foreign workers' info
ADB lends $80m to improve water supply
South Asia-China Trade Fair concludes
Inspection team seals meat shop
Gender equality is smart economics: WB
Sharp fall in price of seasonal fruits
Axe falls on two NAC board members
UTL asks govt to review outstanding dues

Sep 20
NRB readies directives to faciliate underprivileged groups
Govt to form Excise Dept to curb leakage
People throng NRB to get new notes
Handicraft export to China, US increases
Surya Nepal pays compensation to garment workers
'Economic freedom degrading in Nepal'
Big brands annouce festival discounts, offers
Make the region a business hub: Prez Yadav
Offers fail to rejuvenate auto market
3G not a new technology:Former NTA chief
'Consumers must be aware to avoid health hazards'
Indian traders protest Nepal's anti-smuggling initiative

Sep 21
Bir Hospital canteen in poor condition
BFIs told to insure deposits up to Rs 500,000
India set to overtake Japan as world's third largest economy
NAC resuming KTM-Jumla flight after 20 yrs
Experts seek clear policy on food security, energy crunch
New Road traders up in arms against new Zebra crossing
Food prices rise ahead of Dashain
Confident of creatives, ad agencies file nominations for most categories
Govt mandates market inspection to continue

Sep 22
Proposal on earthquake insurance coverage gathers dust
Businessmen rush for registration, renewal
Fire and Ice restaurant reopens Thursday
Renault set for Nepal debut
SAARC members to promote handicrafts through cooperation

Sep 23
Private sector stresses for greater connectivity
Rupee falls Rs 1.65 overnight
Govt opens fair price, mobile shops
MoIC no to 'unified licensing' proposal
S Asia needs 1m jobs a month to sustain growth: WB
Gorakhali Rubber Udhyog still shut

Sep 24
NRB to issue Rs 30b worth of new banknotes
Management bows, workers back at work
Govt mobilizes three revenue operation teams
FM seeks aid for mega projects
Spice consumers in a tizzy after price doubles, triples

Sep 25
Govt laxity leads to mushrooming of gold stores in the valley
Four new trekking trails to be unveiled on World Tourism Day
Refinance facility fails to take off
Overcharging for LPG on shortage scare
Gold down by Rs 1,850 per tola
Rupee slide continues
Minister Bhatta in market inspection
New range of Brother laser printers in market
General insurance turnover crosses Rs 7 billion

Sep 26
IRD slaps Rs 3.2b tax bill on 294 firms
Big names stand low on tax compliance
Buddha Air puts off plan to launch flights on new routes
Gold price drops to Rs 49,800
Big brands announce festival discounts, offers
Handicraft makers focusing on SAARC region
DDC ready to take over public sector feed producer CFPC
Land reforms may cost Rs 32.5b: Report
Minister vows to check unhygienic meat selling

Sep 27
New Property Tax Act in the offing
Hotel discounts, special programs to mark World Tourism Day
Gold, silver prices jump twice
Nepal lays out majestic Himalayan trails afresh
Thai investors interested to invest in Nepal
Vegetable prices fluctuating, fruits costlier
Traders cut prices of essential goods for Dashain
'Revenue officials took Rs 2.4m in bribe'

Sep 28
Non-owners to get 75pc of land valuation
IB bars insurance companies from distributing dividends
First apartment project in Biratnagar
Home appliances sales slows
Goat sales begin in right earnest
KFC, Pizza Hut to open new outlet
Promoters get one more year to slash their shareholding
Gorakhali Rubber resumes operation
Nepal goes up in global ICT ranking
Crucial agri projects made slow progress: Report

Sep 29
Govt pushes for microinsurance program
Nepal to host SAARC governors' symposium
Punish traders cheating on consumers immediately
Banknote shortage in Pokhara

Sep 30
FNCCI, workers reach agreement, CLAG meeting to endorse the pact
NRB unveils macroeconomic condition of Shrawan
How new is your new car?
Supply of mountain goats, sheep down 50 pc
Rupee bounces back after sharp fall
Every second man has a phone now
BoP surplus rises to Rs 8.3b, inflation moderates

2011: August

2011-12-28T06:03:00.001-08:00

Aug 1
'Diplomatic pressure on govt to check smuggling of red sandalwood'
Industrial workers' stir nearing end
Nepal-Kuwait Chamber formed

Aug 2
Tourist arrivals up 20pc in July
Parliamentary team conducts market inspection
Agitation expands to hotels, restaurants
India imposes 5pc excise duty on Nepali metal products
Int'l promotion of NTY on track: Officials
Nissan says electric car can power family home
More firms agree to implement new pay package

Aug 3
Red tape delays export incentive distribution
Declining high-end clients hits tour businesses
NRB employees warn of agitation
Three RBB officers in police net
PM, DPM miss PAC meet on agriculture sector

Aug 4
Astonishing decline in absolute poverty to 13 pc
Average income per tourist per day falls $22
India enforces additional lock on imports via Kolkata
Truckers' strike triggers shortage of food commodities
IMF directors voice confidence in Lagarde

Aug 5
216 firms slapped Rs 2.78b in tax, fine
Govt to ask India to withdraw additional lock
Dealers refuse to sell fuel at govt fixed rate
Anti-money laundering dept comes into being

Aug 6
Workers bring Chitwan hotels to their knees
Negative news erodes confidence: NFCA

Aug 7
Nepal to ask India to lift additional lock
Trade Policy Review by Feb 2012
Tourism Council to prepare code of conduct
Cadmium testing machine to enter Nepal this week
Gold marches to hit new high
BI introduces homes for those who stay away from home
MoTCA told to end differential airfare

Aug 8
Trade pact with Bhutan on cards
Count your goats before they are gone
Gold hits another high on US downgrading
Chicken price up

Aug 9
Silver exports down 61%
Country's aviation safety improves
Govt to require traders to register with DoC
NGOs, INGOs fail to comply with Labor Act
Household income rises over four-fold in 15 years
'Cheapest car' becomes costlier
Petroleum dealers withdraw strike
Govt requests India to lift additional lock on containers
CSR initiative for Danghighat will continue: Buddha Air
Home appliances sales improves
Gold jumps Rs 1,900 a tola in a day

Aug 10
Retailers raise price of kwati
Fulbari Casino may pull down the shutters
Govt to guarantee jobs to poor
Festive boost to rakhi, cards sale

Aug 11
Food prices triple in four years
Peak tourist season arriving, top hotels go for a timely spruce-up
Hyundai rules the hatchback segment
Gold import jumps yet again
New range of Acer laptops launched
Gold Rs 50,500 per tola, surpasses platinum

Aug 12
Australian printer bribed Nepali officials to supply polymer notes
Rupee weakens against US dollar
Green gem collections unveiled

Aug 13
NTA again pushes for unified licensing policy
IC crunch worsens in Nepalgunj
Rs 1.34 billion needed to revive railway
PAC, CIAA to probe polymer note scam
First modern meat shop with in-house slaughter facility opens
RBI ready to help NRB track unauthorized transfers, investments

Aug 14
NAC role in bringing tourists negligible
Nepal set to allow int'l certification lab
Hotels, industries resume operation

Aug 15
Re-exports of low quality Nepali pashmina via India growing
Trade unions urge govt to ratify ILO Convention 87
Google buying Motorola Mobility for $12.5 bln
DoC revises reference price of 305 import items

Aug 16
Give more intervention power to NRB, IMF tells govt
Govt to arrange jobs for unemployed youths from this year
Govt, entrepreneurs talks inconclusive
RBB employees picket CEO's office
New stock brokers to start trading from August-end
Big trade unions warn of industrial strike

Aug 17
Surya Nepal shuts down major garment unit
High-end bikes sale defies market slump
Pokhara without a city map is just the lake
Chinese bank assists Rs 170m loan
'BFIs must adopt self-regulatory measures'
Veg prices fluctuating
Parliamentary committee to intensify market inspection
It's makeover time, but interior designers are in short supply

Aug 18
Govt apathy to labor problems behind closure
ICRA to begin credit rating in Nepal
Surya Nepal starts paying salary dues
Govt, transport operators still in talks
Gold touches Rs 50,700 per tola
NAC slashes airfare
Germany grants Rs 1.41b for Nepal
Appoint NOC chief through open competition: CIAA
Vehicle owners' forum unveils services

Aug 19
Surya Nepal briefs workers on shut down
Gem, Jewelry expo at Soaltee kicks off
Rupee continues to weaken

Aug 20
Workers rue job loss
Govt to deploy Armed Police Force at DoC
Govt acquires 1,000 ropanis in Panchkhal to develop SEZ
50 pc listed companies fail to submit Q4 reports

Aug 21
VAT transactions above Rs 50K only through banking system: Govt
Nepali markets record more business after strict customs rules
Tailoring centers go online
MoFA names joint-secys for 3 missions
Huge gap between commitment, actual disbursement

Aug 22
Poultry production to grow by 30 pc to Rs 53 billion
Govt to expand micro-enterprise program
Gold hits record high of Rs 53,400 per tola
NSMF boss Shrestha in police net
Ad industry logs 20% rise in annual turnover

Aug 23
Market of Chinese cars growing slowly but steadily
DRI moves court against three firms
Gold hits record high of 53,900 per tola
Vegetables fluctuating, fruits on the rise on price front
Real estate expo from Wednesday
Siddhartha Bank gets Sebon nod to operate mutual fund
Workers demand resumption of garment factory

Aug 24
Homework for trade talks with India, US begins
Go back to core banking: NRB
Resource gap of Rs 451b threatens MDGs achievement
Fruits become dearer by as much as Rs 30 a kg
More funds sought to implement social security schemes
Govt to intensify market monitoring ahead of major festivals

Aug 25
Lack of future order, security forced closure
Collective trademark scheme fails to attract manufacturers
Aus seeks Nepal's help on bribery scandal
Gold sheds Rs 2,400 per tola
Real Estate Expo kicks off
SAARC, BIMSTEC ministerial meeting on poverty in Nepal
Money Expo to promote investment opportunities
Industry shutdown eroding investor confidence: DeLisi

Aug 26
Sebon grants permission for CDS service
Diesel, kerosene dearer by Rs 1.50 per liter
Rupee continues to weaken
Volkswagon's new Touareg to hit the market

Aug 27
Rate of food adulteration high
Labor ministry maintains silence on pay hike row
Designer furniture in vogue

Aug 28
Demand for imported fruits growing
Banks on CSR overdrive to boost brand value
16 industries cheating consumers to face action
Apathy to review railway agreement affects ICD's operations
Nepse drops 9.77 points on low dividend yields
Sharp plans aggressive expansion
Glittering gold dampens Teej shopping spirit
Buddha to fly between Pokhara, Bhairawa

Aug 29
Internet subscribers down 23%
Mgmt survey for intellectual property office ready
NTL floats Rs 2.77b expansion plan
Citrus gene bank established in Dhankuta

Aug 30
Air tickets for Dashain fast selling out
Trend of buying gold as investment on the wane
MoI pushes cabinet to nod formation of Lab Accreditation Board
Brace for costly Chinese clothes this Dashain
Jumla apples to be costlier
Promoters get 1 year more to end BFI crossholdings
Speed up pipeline project, PAC tells govt
Attractive outbound packages for festive season
Counterfeit products worth millions seized
Dry fruits prices jump

Aug 31
ADB, Japan Fund launch 3 projects
China will start construction of Larcha Dry Port this year
DoL to study, record foreign workers in Nepal
NFC in a fix over goats business that brings loss every Dashain
CAN SofTech 2011 from Sept 15
Sale of saris dips in Teej

2011: July

2011-12-28T06:02:00.000-08:00

July 1
35% of NTY target achieved in first half of 2011
NAC will add two aircraft: Minister Biswokarma

July 2
Govt out to identify priority items for export
Chicken price goes up

July 3
GPRS users grow 3 times in a year
SEZs in Jumla, Kapilvastu, Biratnagar viable: Report
Lekhnath may implement Integrated Property Tax in 2012-13

July 4
SC stays MoLTM wage package for workers
Farmers come at the center-stage
148 industries registered in Saptari in one year
Policies and programs a mixed bag: FNCCI
Development budget to touch Rs 150b

July 5
Govt mum as reckless strikes punish consumers
Tibet permit ban hurts tourism
Form separate ministry to govern co-ops: Panel
MoCS take steps to ban transporters' strike
Nepse posts second straight day of gains

July 6
Dhankuta tea farmers start their own industry
New bill to end NOC monopoly
NT testing convergent billing system

July 7
Anti-dumping and Countervailing Act on cards
Lumbini tourism dev committee ineffective
Petrol transporters withdraw strikes
WB approves US$ 43m for irrigation scheme
PE's net profit Rs 10.55 billion

July 8
Economic Survey shows big progress in telecom
Social front impressive, economy jittery
Revert to open market economy: FNCCI

July 9
Separate board mulled to reform public entities
Rethink begins on realty loans

July 10
Political instability saps economic growth
Tourism ministry forwards 17 new programs at FY end
Makawanpur admins apathy delays Tarai fast-track highway
Sale of unhealthy chicken rife in Dhangadi
NOC raises price of diesel, kerosene to Rs 73.5 per liter
Nepse issues licenses to 14 new brokers
EU provides Rs 2.22 billion in grant
Come up with measures to end liquidity crunch, CNI tells govt

July 11
Seven CA firms face ICAN wrath
Stock brokers seek NRB support to boost stock market
Come up with measures to end liquidity crunch, CNI tells govt
Experts want co-op excluded from tri-polar economic policy

July 12
MoCS proposes to lower ARF on Indian farm imports
Veg, fruit prices hit the roof
MoF struggles to fix pay hike rate
NTY 2011 promoted in Dublin
NRB raises home loans limit
PAC for farmer-friendly policy
Govt to enforce ban on plastic goods less than 20 microns
NTA mulls action against 30 ISPs
MoI wants to form a separate IP body

July 13
Market inspectors to get more teeth
Govt to bring Rs 384.90b budget
Gold hits new high of Rs 43,500 per tola
Goldstein new WB country director for Nepal
WB provides $75m to PAF

July 14
NRB's new realty loan policy cheers banks
Govt to assign specific teams to steer dev projects
Private sector slams govt for delay in budget

July 15
Vibor, Bhajuranta Finance to merge
Tatopani seizes goods worth 10 m this year

July 16
Rs 384.9b budget sees co-ops as main pillar of economy
Budget promises to promote industrial climate, attract FDI
Govt ups excise duty on liquors, cigarettes, fruit juices
Little change made in duty rates
WB funding for transmission line between India and Nepal
'Co-op can't be a substitute for pvt sector'

July 17
Budget fails to create environment for investment in tourism
House endorses vote on account bill
Ministry not to be blamed for delay in budget: Minister
CNI says disappointed with budget
Pokhara LRO staff protest colleagues´ arrest
Birgunj customs misses revenue target

July 18
Khetan Group sells out stake in Bottlers Nepal
Budget fails to excite hoteliers
IMF mission to review health of financial system

July 19
Nepse sees upheaval amid adverse climate
MoCS pushes for early meeting of trade facilitation team
MoF uses social security fund to finance other programs
Made in Pakistan expo kicks off

July 20
NRB extends repayment deadline by a month
Open prepaid USD card up to $500 for all: NBA
Banks rush to remittance-rich Baglung

July 21
Airfare subsidy plan in limbo
Commercial banks raise home loans rate
20 years on, Indians recall life before the economic boom
Bankers welcome CRR cut

July 22
NRB raises forex facility, cuts CRR
Fringe trade unions back on warpath
'Monetary policy failed to incorporate merger issue'

July 23
Imports up by 17.4%, exports up marginally
China to help promote Pokhara
Morang-Sunsari industries bear the brunt of double wage pacts

July 24
Slowed US market push RMG exports to EU countries
'Govt proposal of four intl airport not viable'
Nepse logs double-digit drop
Tea workers back on warpath over wage hike
Govt studying feasibility of water transport

July 25
Theaters, multiplexes enjoy robust growth
'2nd Made in Pakistan' Expo concludes
Power crunch, political interference behind slow industrial growth: Experts

July 26
FIs eye merger to fortify financial position
NRB wants PFL top brass's property frozen
Kumari Mobile Cash bags mBillionth award
NTY posters on Washington metro buses
BUSINESS BRIEFS: Broadlink ups internet speed
PAC packs a punch in telecom probe

July 27
Realty market shrinks by half
Iron, steel lead country's exports to Bhutan
With Rs 10m in hand, DoGM aims to tap natural gas
Tea workers return to work
Plantation recorded in 80 pc of paddy fields
PAC passes regret motion against incumbent minister
Weak spending capacity limits Nepal's share in AFT

July 28
Conspiracy to collapse JCI: GM
Dabur Teej Festival at UWTC
BoP recorded surplus of Rs 249.1 million

July 29
Development agencies asked to complete tender by mid-Nov
Govt misses revenue target by Rs 16b
Rise in tourist flow increases national park's revenue
'Encourage foreign investment for development'
Nepali mission in London initiates trade and investment drive

July 30
Employers in Morang enforce govt set minimum pay
NT may fail to issue new mobile SIMs
Commercial banks must insure small deposits
Nano rolls in

July 31
NRB under-manned for monitoring SCCs: Officials
MoLTM fails to read FM's mind on labor cooperatives
Nationwide industry strike from Sunday
Teej festival saw fewer sales
7th AceTravels.com Crity Awards coming soon

2011: June

2011-06-03T12:01:00.001-07:00

June 1
Inflation jumps to 10.6%
NRNs ask govt to open consulate in Guangzhou
UDB promoter, top executive held for fraud
Govt shortlists firms for DPR of east-west, metro railway
Tourist arrivals up 47.1% in May
Bankers ask govt to resolve liquidity crunch
Tata Nano embarks on nationwide tour
Govt set to crack down on illegal foreign workers
Govt failing to supply adequate fertilizers
Gurkha to return deposits from today
Bankers demand more merger incentives

June 2
Govt planning to ban old vehicles
'Nepal may lose $6m ADB grant'
Exports incentive scheme implementation uncertain
Global campaign for pashmina promotion on cards
Real Estate Expo in August
WB sans country director to hurt aid mobilization
Sotheby’s auction: Nepali painting fetches record price
British Council Report: Employment scene bleak
Naumure hydel project waits for budget
Co-ops neck and neck with banks in deposit growth
Saudi limit on workers’ stay may hit 1oo,ooo Nepalis
FNCCI rejects new pay scale fixed by govt
MoTCA says Air Arabia should be allowed to fly KTM-KUL
208k tourists in first five months of NTY
AC demand on rise as mercury soars

June 3
WB to appoint country manager in Nepal
Japan approves Rs 6 m fund for Nepal
PAC slams govt for not implementing its instructions

June 4
Wages hike for tea workers delayed
'BFIs penalized for exerting political influence'
Vehicle registration slumps further

June 5
Three new Bhat Bhateni stores by July 15
133 BFIs insure deposits worth Rs 51b
Lawmakers okay project financing in BAFIA
Sugam claims no tie with NPTL

June 6
Govt does volte-face on policy
NT to add 10 million GSM lines
Remittance accounts 22 pc to GDP
Nepse dip to stop

June 7
People's Finance stops transaction
Govt to miss implementation of social security scheme
4th National Tourism Fest from Friday
DRI to file case against Unity representatives soon

June 8
Nano to go on sale from July
PFL depositors furious over irresponsible management
NC ready for timely budget: Mahat

June 9
Sinking Vibor Bank seeks mgmt by NRB
People's Finance resuming operations Thursday
Bhat-Bhateni to employ 50,000 people in 15 years

June 10
NRB issues Vibor Rs 500m 'last resort' loan
Simara Airport to operate nighttime flights
Nepal gets $46.5m from GAFSP
NBSM to test quality of pashmina yarn

June 11
NRB opens refinance to ease liquidity
Sugam Gas loses operating license
Bhat-Bhateni formally opens at Koteshwar
Tampered cylinders are widely in use: Probe

June 12
Coffee produced in Parbat 'best'
Govt ups petrol price by Rs 5 per liter
Cabinet seeks Limbu's clarification

June 13
Growing dairies a boon for Ilam farmers
Local consumption of handicraft products growing
NT, NTV team up to introduce IPTV
CIAA asks govt not to implement unapproved programs
CNI to expand chapter membership

June 14
Office bearers boycott special meeting of FNCCI
ID Card must for surfing net in Cybercafes
Nepal can emulate Delhi's education scheme: Dikshit
Govt medical, security plan for industries hits snag
Ailing jute mills rue govt apathy
FIs rush to bag special refinance

June 15
NT doubles backbone bandwidth for faster internet
Pokhara folks eating untested meat
Nepal receives $95,000 from forest carbon trust fund
Stop licensing process for the time being, PAC tells NTA
NRB told to formulate action plan to deal with financial instability
Surya Nepal shuts garment factory

June 16
WB steps in to help manage financial woes
DFID unveils Rs 38.72b assistance plan
Be serious on economic issues: Chaudhary
Punish Unity Life's operators, aides: PAC

June 17
No respite for Nepse
'Conduct policy audit to ensure pro-poor growth'

June 18
Small deposits' insurance mandatory from next fiscal
Overseas returnee strikes gold at home
Bakery Cafe to open five new outlets
Nepal promotes tourism in SEA countries

June 19
Govt explores possibility of waiving off UTL royalty dues
Nepali coffee attracts WB assistance
Appoint labor attaches for Japan, Oman: MoLTM
Nepse surge 15.46 points
Nepal gets ILO support to implement social security plan
'India not to lift ban on high denomination IC for Nepal'
With digital map and GPS trekking, tourists are never alone

June 20
ADB director general visits Nepal
Don't freeze NTY budget: Organizers
Ncell's special offer for SLC graduates
Surya Nepal puts conditions to resume op
'Nepse suffering as govt fails to intervene effectively'
IOC cuts oil supply by 75 pc

June 21
MoI told to carry out further negotiations on BIPA
Inflation eases to single digit
FNCCI wants income tax exemption slab raised

June 22
MoIC resumes terrestrial TV licensing
'Nepal missing development opportunities'
WB to give $99m for electricity transmission project
FM presents plan for a cure-all budget

June 23
Police, Dish Home in drive against DTH sets of Indian companies
New NT CDMA sets fail to improve service quality
Five more companies get securities licenses
Himalayan Bank to introduce JCB card
Tanker operators stall import, distribution in the Valley

June 24
Set clear priority, focus on job creation: Lawmakers ask FM
MS Office 2010 Nepali version out
Apple files fresh lawsuit against Samsung

June 25
Unable to pay depositors, Capital Merchant shuts operations
Tanker operators call off strike
Improve export portfolio, tap Chinese market: PM

June 26
JCF on verge of closure for want of raw material
MoI seeks Rs 3.4b in new budget
A third of CMBF loans faulty, refinance chances slim: NRB
DoC files lawsuits against ghee, drinking water producers
Petroleum dealers object to new commission scheme

June 27
MoCS proposes incentive package to boost exports
Here arrives Nano
Delegation of India-based US investors arrives
Bhat-Bhateni goes online
Nepse logs double-digit drop for second straight day
Draft of Price Control Policy ready
WB to give $41m for two projects
NRB allows BFIs to lend to each other
Liquidity eases as depositors move to 'safe haven' banks
Surya Nepal adopts tough posture against unruly workers
Afghan central bank chief flees to US

June 28
Liquidity crisis in only few institutions only: Governor
Nepal can be an investment destination, say US investors

June 29
Tourism income stands lower than last year
'Expedite reforms, create jobs to avoid economic risk'
Petroluem shortage worsens further
NT slashes budget-call tariff for six countries
Man swindles Rs 70m from Pokhara banks

June 30
'Devise clear plan to handle trouble in financial system'
Walmart keen to expand op in Nepal
Banks cut deposit rates by 1 pc point
Petroleum supplies to be normal from Sunday
WB pledges $75m for two projects
Seven land revenue officials arrested
Support industries, create investment climate: CNI
CG to fund leadership development

2011: May

2011-05-02T14:00:00.001-07:00

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

2011: April

2011-04-18T10:24:00.000-07:00

Apr 1
PM assures 'rule of law' in industrial estates
Tourist arrivals up in March
Shankhuwasabha tourism fest begins
Decision to halt dev spending draws flak
UK new visa policy to curb abuse
No change in power cut hours
Trade unions withdraw strike
Vehicle registration slips in Valley
March tourist arrival fall short of 2011 target
TIA to install CUTE system in June
Power to the people
INTERVIEW: "Qatar values Nepal"

Apr 2
NOC to seek loans of Rs 1.77b soon
Industries resuming operation Saturday
VoBS service within two years: NTA
Timber smuggling here to stay
Khanal scoffs at speculation on his rejoining MoF

Apr 3
Beshisahar-Manag road govt's top priority
MoF begins consultations on supplementary budget
'Take action against guilty officials'
Private carriers reduce flights to remote routes
Aryaghat electric crematorium set-up to begin next month
Radio Nepal marks 61st anniv
Promoters shy away from buying rights shares
SEBON begins inspection of offices of aspiring brokers
Int’l air passenger movement up 20pc

Apr 4
Govt seeking alternatives to supplementary budget
Candidates turn to politicians for leverage
Honda expanding presence in market
NCC annual meeting kicks off
BoP deficit jumps to Rs 12.57b
British army downsize: UK to reduce size of Gurkha brigade
Fncci election: Clash of the titans
BoP deficit balloons three-fold to Rs 12b
New price control policy proposes ration cards
Workers’ protest spurs Pokhara resort evacuation

Apr 5
Talks with trade unions put off
High-level panel on sick industries
India enforcing one-time lock from July
Form panel to boost RMG export to US, GAN tells govt
Workers return to work
Private sector to work for climate change adaptation
Shrestha, Vaidya promise economic prosperity, job creation
Interaction on credit rating regulations
LMW submitting feasibility report on Friday
Margin lenders, borrowers worried over falling stocks

Apr 6
MoF starts preparation for early budget
Bills sub-commitee to seek opinion of stakeholders
'Subsidize flights to rural areas'
GDP growth will fall below 5-year average: ADB
Budget row: Govt buckles under pressure, settles for a full budget
SC to punish officials who refuse to cooperate
UTL must come clean on details: NTA
PROPOSED BILL ON ENERGY CRISIS: All-powerful power body in offing
Nation’s growth pipped to reach 3.8pc in 2011
Troubled Gurkha expedites loan recovery

Apr 7
75 pc bikes sans insurance cover
Accept court's verdict: KC tells Unity members
Child labour: ‘Brick by brick’ event to stop exploitation of children in kilns
UNITY’s bid to rise again
Factories cut production due to power shortage
LPG shortage temporary, Supply ok: NOC
Yeti, Tara merger plan on hold pending probe
ADB to invest in Upper Seti hydro project

Apr 8
NRB to talk with agitating trade unions
NRB, employees unions talks fail
CAN InfoTech Kavre kicks off
Basnet unanimously elected NCC prez
Lawmakers' ire at MoF withholding VAT racket info
PAC issues fiat to govt
Strikes hit life in Tarai districts
Birgunj Customs losing revenue to Dry Port
Tourist arrivals up, but revenue down
Tourism: Protecting Rara from the future
INTERVIEW: Fund insecurity

Apr 9
2nd Int'l airport possible in 4 years at $600 million
UML throws weight behind Vaidya
Allow us to add 5 percent security cost: Contractors
Air Asia to fly to Kathmandu from June
NEA hopes to ease power cuts
Timber worth millions at risk
Indian currency

Apr 10
Leakage in social security plans estimated at Rs 1.8b
VAT bill racketeers deserve maximum punishment: NCC
VOIP racket: Internet service halt had users on tenterhooks
Higher education in doldrums: Experts rue policy, insufficient budget
Banks on brink to meet minimum paid-up capital requirement
Second International Airport to be on the runway by 2015
Labour crunch hits carpet industry

Apr 11
Candidates come out with specific agendas
'DFS first milestone for 2nd Int'l airport'
Duty-free access for RMG major agenda
Petro dealers in east on warpath
Businessmen protest Chachan's murder
FNCCI AGM kicks off
Stakeholders against putting cap on salary
Outstanding reimbursements brought down to Rs 9.5 billion

Apr 12
DoC fixes 25 pc cap on land, housing loans
Agriculture, job major priorities
Pandey elected FNCCI vice president
Mystery shrouds attack on minister
PMO to start intra-net service
Government brings White Paper
NOC cuts oil import by 40pc
Air Kasthamandap to bring twin-engine aircraft
NT posits next generation network contract to China’s ZTE
CAN demands fair probe into VoIP racket

Apr 13
ISPAN asks for fair treatment
NT to increase public ownership
EU fines Unilever, P&G for detergent price-fixing
Vaidhya new FNCCI Prez
Koshi channel:DAO issues ‘halt construction’ order
Check use of unauthorised books in pvt schools: DoE
Cash-strapped NOC struggles to ensure supplies
Liquidity crunch a major challenge: Banks

Apr 14
Pokhara rolls out red carpet for internal tourists
Mahakali treaty: Room for amendment, says Indian leader
Enervated varsity: TU’s four-year bachelor’s programme likely fiasco
Economic costs of political instability
Sugar producers het up at not getting VAT discount
Honey output expected to increase by 20pc
Cramped Kathmandu goes for highrises

Apr 15
End NOC's monopoly, stop VAT-refund to industries: Panel
Fuel shortage hits consumers
US-Nepal to sign TIFA Friday
Rajkarnikar elected senior veep of FNCCI
NRB employees' unions call off strike
Gold hits Rs 35,235, silver STANDS AT Rs 1,007
Hetauda industry shut without notice
Twin Otter shortage hinders fleet expansion
The economy of energy
Feeding the Karnali
Nepali Students in UK: No work, no study

Apr 16
Fuel shortage deepens
Labor minister agrees on higher minimum wage
New rule affects fertilizer imports
Nepal-Bhutan agree to revise air service agreement
Traffic explosion: Kathmandu begs for more road

Apr 17
Nepal close to fulfilling MDGs targets: WB, IMF
'Pact can't be implemented'
US promises to eliminate all trade barriers
FNCCI against fresh wage hike deal
Tea workers on warpath
Abuse of authority: Ex-ministers under scanner
Graft watch: CIAA Secy Kafle to face the rap for corruption
Fuel shortage: Vehicle operators fleecing passengers
Walking on Air
NBL, RBB CEOs’ appointment process resumes
Salary hike row: Employers term government’s latest move ‘unilateral’

Apr 18
Nepse dropped 72.01 points in a year
Govt arranges Rs1.5b loan for NOC
Silver climbs to new high
NRB refuses to exchange Libyan Dinar
Petro-crisis has folks on a hot tin roof
Thai nabbed with fake Indian currency cache
Two Chinese jailed for VoIP scam
Power shortage: Experts’ call to combat energy deficit
Bajhang folk face huge food crunch
Royalty has UTL over a barrel
Govt racks brains on Setting oil price
Nepal on track to achieving MDGs: report
Profit potential lures FIs’ clutch to Birgunj
Mega Bank fans out in 12 spots at once

Apr 19
Subsidy absorbing development projects
MoAC proposes budget of Rs 13.26b
Internet penetration rises to nearly 8 pc
Special Court clean chit to Kansakar
Ncell’s subscriber base touches 5m mark
Pumps empty within four hours of petrol supply

Apr 20
Co-ops violating anti-money laundering laws'
Govt mulls relaxation of Q4 spending limit
Gold, silver price at new highs
Citizens Bank to start credit card service
National Industrial Expo begins
Migrant worker departure up 19pc
DRI tightens checks at Customs
TIA gives the nod to constant descent approach system
Kansakar vows to buy aircraft for NAC
INTERVIEW: We’ll increase paid-up capital to Rs 2 billion within next two weeks

Apr 21
Railway dept demands Rs 7.3b for 8 projects
Improve investment climate: Krishna
Restore normal supply: Petro-dealers
Implement agreement: Disgruntled trade unions
Fines, jail terms in biggest bank loan scam
Krishna seeks protection of Indian investment
Life in fast lane: Apartment, mall culture growing
Nepalis working in M’asia
Pokhareli Burgers
Liquidity crunch worsens
Oil dealers urge formation of petroleum board to ease crisis
RBB loan default: Spl Court convicts
Half of pharma companies sans WHO-GMP certification
Kathmandu-terai fast track project

Apr 22
Nepal-China trade talks in May
Krishna lays down foundation stone of two dev projects
Rupee strengthens, gold hits new high
TU arrears cross Rs 8bn mark
Subsidised food misappropriated
Capital expenditure is an unlikely govt baby
SM Krishna lays foundation stone of dev projects in Birgunj
Demand for silver soars as rising prices lure investors
Buddha’s birthplace brings ‘em in by 17pc more
Everest Panorama Resort launches ‘Aahaa Daman’
VoIP: Bypassing the information superhighway

Apr 23
Sluggish customs growth has govt worried
Bike purchase rate drops in Valley
Depositors don’t panic, Gurkha Dev Bank says

Apr 24
Telecom royalty to increase
No more cuts in realty prices
NPIA preparing to procure wool from local farmers
Two Unity big fish netted
Govt bid to streamline import
Ensuring smooth oil supply: It’s a hard nut to crack
Opportunities for development

Apr 25
No end in sight to fuel woes
Unveil programs to end power crisis by 5 years'
Fuel crisis hits normal life across country
President calls budget session from May 2
Finance Ministry beavering on budget
Court slaps six-month jail term on loan defaulters
Export of silver products falls due to rising prices
Pvt sector against populist budget

Apr 26
Nepal slips in global IT ranking
Govt plans meeting of India-based US investors
High-level panel to control revenue leakages
NOC, NAC woes Let free market operate
Passport, citizenship racket busted
NAC making losses due to services to remote sectors
Hetauda Textile’s property handed over to industrial estate

Apr 27
Tea workers strike hit local farmers
Faulty maize seeds haunt Sarlahi farmers again
Sudan Scam: Probe takes wrong turn
Banda cripples life
Seller in dock for tainted rice
Advertising expo: Ad industry bucks the instability trend, sees growth
Banda will cripple tourism industry: Entrepreneurs
NRB 56th anniversary: BoP deficit improves by the inch
Depositors be careful, cautions guv

Apr 28
NRB panel to work out 5-year strategy
Govt will implement new wage structure'
Tea workers returning to work Thursday
Ad & Media Expo 2011 kicks off
Migrant workers’ woes: It’s always trouble for Nepalis chasing the Afghan dream
Oppn parties warn PM against tabling budget
NEA blacklists seven districts
High food prices push 1m Nepalis into poverty
Revenue leakage on Birjung customs premises
UTL Royalty Row: Telecom operator moves Appellate Committee
3 potential stockbrokers get LoIs
Mid-Hill Highway to halve travel time to east

Apr 29
End fuel scarcity within 2 days: Lawmakers to NOC
Civil servants push for pay hike
BoP deficit at Rs 11.30 billion
PAF seeks law to empower community organizations
Cancer hospital row: Panel formed to probe crisis
NC to protest budget before statute deadline
Fiat on pvt schools: SC seeks monthly fee monitoring report
financing measures: APG chief warns of blacklisting Nepal
NRB report on macro-economic situation: Veggie prices rise by 73.1 percent
NTA seeks income details from Ncell
251 climbers to attempt Everest this spring
NATO, NATTA condemns banda for wrecking tourism

Apr 30
Carpet producers shun collective trademark
US bank deposits $1m back in NRB account
Govt commits Rs 2b to NOC
Gold import plunges by 93 percent