- Additional challenges for NAC with new planes
- Transit of gold smuggling
- Dollar crosses Rs 100
- Govt stops VAT refund to non-paying sugar factories
- Unfair petroleum price
- Gold instead of remittance
- Fuel price not reduced as per international price
- Local politicians obstruct Mid Bhotekoshi as well
- Enthusiasm for paid-up capital of Rs 5 b
- 'We are here to alleviate poverty'
- Mission Rs 5 billion for commercial banks
- 6 new international airline to operate flights to Nepal
- Commitment for sixth year
- Allocation of shares to locals must be made mandatory for hydroprojects
Dollar crosses Rs 100 The US dollar has again appreciated with the exchange rate crossing Rs 100 per unit.
Govt stops VAT refund to non-paying sugar factories The Office of the Prime Minister and Council of Ministers (OPMCM) has directed to not provide value-added tax (VAT) refund to sugar factories until they pay the sugarcane farmers.
Gold instead of remittance Remittance income, that provides foundation for the country’s economy, is being affected with the workers bringing back gold and television sets instead of money.
Fuel price not reduced as per international price Nepali consumers have not been able to benefit even when international price of crude oil has plummeted to US$ 60 per barrel.
Local politicians obstruct Mid Bhotekoshi as well Local leaders of Sindhupalchowk, who have shut down Upper Bhotekoshi, have also obstructed construction of 102 MW Mid Bhotekoshi being developed in public private partnership (PPP) model.
'We are here to alleviate poverty' Marzetti feels Nepal should focus on high-value crops that can only be grown in Nepal, medicinal plants, and different kinds of teas rather than low value crops to derive more benefits from agriculture sector.
Mission Rs 5 billion for commercial banks A few commercial banks are doing homework to raise their paid-up capital to Rs 5 billion even though paid-up capital of Rs 2 billion is enough as per the prevailing laws of the land.
6 new international airline to operate flights to Nepal Half a dozen new airline companies will operate flights to Kathmandu from the start of 2015.
Allocation of shares to locals must be made mandatory for hydroprojects Construction of new hydropower projects can be affected if legal amendment were not made to make it mandatory to allocate shares for locals.
Process for buying NA choppers moves forward Procurement process for buying two helicopters for the Nepal Army (NA) has been completed only 14 months after allocation of budget by the Finance Ministry.
Dhulikhel Medical College of the Kathmandu University (KU) has set a fee of Rs 3.20 million for MBBS course at a time when other private medical colleges are charging up…
The government is set to look for an alternative to the Trade and Export promotion Center (TEPC) calling its work unsatisfactory.
Deposit of commoners and institutions totaling Rs 7.36 billion is still under risk with 10 problematic financial institutions.
Sugar factories have agreed to clear dues to sugarcane farmers after they took a stand to not provide sugarcane before receiving payment for last year’s harvest.