September 5th, 2010
Tourists make August a happy month
Highlight News
August 11th, 2010
NRB has identified Remote district
NRB has identified Remote district
The NRB has Identified 30 districts where the BFIs aiming to expand their presence in Kathmandu Valley must open at least one branch and additional one where ever they liked. These districts with thin banking presence are Panchathar, Taplejung, Terhathum, Sankhukbasabha, Bhojpur, Khotang, Okhaldhunga, Dolakha, Ramechhap, Rasuwa, Sindhupalchowk, Manang, Arghakhanchi, Mustang, Rolpa, Rukum, Salyan, Pyuthan, ...
August 8th, 2010
NRB's eyes on CEO's salary
NRB’s eyes on CEO’s salary
Governor Yubaraj Khatwada on Saturday stated that that the salary and benefits of chief executives officers (CEOs) of Nepali banking community could decline significantly if foreigners were also allowed to compete here. “People retired from top jobs in various South Asian banks are approaching the Nepal Rastra Bank (NRB) to head the Nepali banks at monthly ...
August 5th, 2010
Petroleum Depots closed
Petroleum Depots closed
After the NOC withdrew its plans to distribute bonus, trade unions at NOC on Tuesday announced the strike from Wednesday. They have presented a 13-point demand to the management, including distribution of bonus to staff. They have closed operations at all depots on Wednesday. Trade unions have also decided to close the depots for half ...
July 31st, 2010
Government to issue White Paper
The government is ready to issue White Paper of public private partnership (PPP) soon. The paper will also help the government to formulate laws regarding effective implementation of PPP activities. “We will complete the white paper within two months and submit it to the government,” said National Planning Commission (NPC) member Pushkar Bajracharya in a ...
July 25th, 2010
Home stay guidelines passed
Home stay guidelines passed
The government is all set to implement the home stay guidelines which will come into effect from August 17. The government has come up with the guidelines as part of its initiative to ensure local communities reap the benefits of tourism industry. The government came up with the home stay concept to do away with possible ...
July 19th, 2010
FNCCI to issue COO for India
FNCCI to issue COO for India
Federation of Nepalese Chamber of Commerce (FNCCI) received the right to issue Certificate of Origin (COO) for India. This is in contrast to the decision made by the government last month to provide the right to Trade and Export Promotion Centre (TEPC) from July 17. The government also handed FNCCI the right to issue COO ...
July 2nd, 2010
Fuel to resume from Friday
Fuel to resume from Friday
The Nepal Oil Corporation (NOC) on Thursday said that petroleum shortage across the country would be improved from Friday but will not come to normal situation immediately. “It will take some time to return to the normal position. The supply side will improve gradually but supplying fuels as per the demand will take time,” said Mukunda ...
July 1st, 2010
Industrial Security Force from next fiscal year
Industrial Security Force from next fiscal year
The upcoming budget has arranged for the establishment of an Industrial Security Force (ISF) which the business community has been demanding for a long time. The new financial plan has not only fixed the number of ISF personnel but also allocated the necessary funds for it, said Finance Minister Surendra Pandey. “The government will deploy 1,230 ...
June 30th, 2010
CNI demands cut in corporate tax
