Big projects in new model: Reservoir to be built by government run by power house promoters

18th December, Kathmandu. The government has gone ahead with discussions to move towards a newer modalities for building economically costly reservoir based hydropower projects. The concept of building a reservoir with a dam and a power house is under discussion in a project that would require a lot of investment and would not be possible… Continue reading Big projects in new model: Reservoir to be built by government run by power house promoters

Effect of liquidity crisis on cooperatives, banks agree to deposit deposits

17 December, Kathmandu. The paucity of investible funds (liquidity) has affected the cooperatives. Minraj Kandel, president of the National Federation of Co-operatives, says that after banks and financial institutions, cooperatives are facing the problem of cash. Banks have been aggressive in lending since the beginning of the current financial year. Could not deposit Recently, deposits… Continue reading Effect of liquidity crisis on cooperatives, banks agree to deposit deposits

निम्छरा नियामक : स्वार्थ समूहलाई ‘रातो कार्पेट’, मारमा सेवाग्राही

नेपालमा सेवा प्रदायकलाई जवाफदेही बनाउने जिम्मेवारीमा रहेका नियामक निकायहरू आफ्नो भूमिकामा कमजोर छन् । दूरसञ्चार र हवाई उड्डयन प्राधिकरण, धितोपत्र बोर्ड, वाणिज्य विभाग सहितका संस्थाहरूको भूमिका माथि हाम्रो लेखाजोखा । १७ मंसीर, काठमाडौं । २०५३ सालमा गठित ‘नेपाल दूरसञ्चार प्राधिकरण’ले मोबाइल सेवाको अनुमतिपत्र दिन खोज्दा तत्कालीन नेपाल दूरसञ्चार संस्थान (नेपाल टेलिकम)ले आनाकानी गर्‍यो । २०३२… Continue reading निम्छरा नियामक : स्वार्थ समूहलाई ‘रातो कार्पेट’, मारमा सेवाग्राही

Ignoring the plan of ‘Information Highway’, only 16 percent work in 5 years

17 December, Kathmandu. The project of laying optical fiber at all district headquarters including the Mid-Hill Highway has been stalled saying that it will be an information highway. As per the initial plan, work has not started on two out of three packages under the project which should have been completed two years back. Based… Continue reading Ignoring the plan of ‘Information Highway’, only 16 percent work in 5 years

Qatar agrees to review labor agreement, demands release of domestic workers

17 December, Kathmandu. Qatar agrees to review the labor agreement with Nepal At the fourth meeting of the Nepal-Qatar Joint Committee held in Kathmandu, it was agreed to review the 2005 labor agreement on Friday. According to the Ministry of Labour, Employment and Social Security, the Qatari side at the meeting agreed to proceed in… Continue reading Qatar agrees to review labor agreement, demands release of domestic workers

Free lounge for foreign workers, free bus to airport gate

15 December, Kathmandu. A separate lounge inside the International Terminal Building has also become operational at Tribhuvan International Airport for workers going for overseas employment. Culture, Tourism and Civil Aviation Minister Prem Ali on Wednesday inaugurated a rest room for workers to enter the labor permit check-in room of the airport. The lounge has mobile… Continue reading Free lounge for foreign workers, free bus to airport gate

21 kg ‘Jhitigunta’ gold recovered from airport on the same day

December 14, Kathmandu. Raw gold in the name of Jhitigunta has been recovered from Tribhuvan International Airport. On Monday alone, the airport customs office seized 21 kg of gold in the form of jewelery that was smuggled into Nepal and returned to Nepal for foreign employment. According to the Customs Department, 415 passengers returning to… Continue reading 21 kg ‘Jhitigunta’ gold recovered from airport on the same day

Best case is ‘book building’

December 14, Kathmandu. The market construction method (book manufacturing) has been put on hold due to a dispute over the purchase of shares of Samarth Cement. The shares of Best Cement were in dispute when it was found that the family members of the officials of the Securities Board and Nepal Stock Exchange had bought… Continue reading Best case is ‘book building’

Customers being cheated on toll free number

December 14, Kathmandu. Last Thursday Sureshma Dheetal of Baneshwar asked for details of ‘mobile banking’ on the toll free number of a commercial bank. She was shocked when her phone rang while talking to the operator on the bank’s Ancel ‘toll free number’. It was only then that he came to know that calls from… Continue reading Customers being cheated on toll free number

Strict on imports, accounts can be opened in NRN dollars

December 13, Kathmandu. Nepal Rastra Bank (NRB) has tightened imports to increase foreign exchange reserves. To implement the First Quarter Review of Monetary Policy, a unified directive was issued on Monday evening to tighten imports and allow non-resident Nepalese to open foreign currency accounts in Nepal. As per the instructions of the NRB, while importing… Continue reading Strict on imports, accounts can be opened in NRN dollars