Thursday, December 27, 2007

Roundup of Economic & Business News (Nov 1-Nov 30)

Nov 1
Govt waves stick at striking LG gas companies (eKantipur.com)
Prachanda Shreshta new NTB CEO (eKantipur.com)
IFC Nepal office to reopen (eKantipur.com)

Nov 2
LP gas supply to resume Sunday (eKantipur.com)
Bank lending jumps 17pc (eKantipur.com)
No instant change in transport fares: Govt (eKantipur.com)
Nepal’s only railway service closed down (Nepalnews.com)

Nov 3
Garment export to US records 46 pc plunge (eKantipur.com)
Invenio wine launched (eKantipur.com)
Tourist arrival increases by one-third; October alone sees 18 percent rise (Nepalnews.com)

Nov 4
‘SilkAir will promote Nepal through global network’ (eKantipur.com)

Nov 5
New bill to end NOC monopoly in LP gas (eKantipur.com)
‘One family, one job’ founders (eKantipur.com)
Nepal takes part in China travel mart (Nepalnews.com)

Nov 6
BIMSTEC meet to decide on value addition, negative list (eKantipur.com)
Chaudhary to diversify into banks, cement and power (eKantipur.com)

Nov 7
Apathy stalls petroleum liberalization (eKantipur.com)
NRB to bar NDB’s deposit collection (eKantipur.com)
Hong Kong Express to fly to Nepal (eKantipur.com)
Gulf links Ktm, Saudi Arabia (eKantipur.com)
LSF setting sugarcane prices (eKantipur.com)
Lack of technological advancement marginalised LCDs: Gurung (Nepalnews.com)

Nov 8
Donors admit foreign aid’s ineffectiveness (eKantipur.com)
Govt expenditure rises 59pc (eKantipur.com)
NIBL to give 25pc bonus shares (eKantipur.com)

Nov 9
Foreign employment soars by 26 percent (eKantipur.com)
City stinks as KMC halts garbage collection (Nepalnews.com)

Nov 12
Global fund approves $ 76 million for Nepal (eKantipur.com)
WB to pledge Rs 16b in grant (eKantipur.com)
Nabil opens 9 branches in a day (eKantipur.com)
Vegetable prices slide amid improved supply (eKantipur.com)

Nov 13
Nepal's intra-SAARC trade up by 8pc (eKantipur.com)
Production of indigenous tea in limbo (eKantipur.com)
NETFOX Ltd. expands its services (Nepalnews.com)

Nov 14
KMC resumes garbage collection (eKantipur.com)
SC stays Boeing engine overhaul contract (eKantipur.com)
Govt honors 33 business leaders as CIPs (eKantipur.com)
Export, Import Excellence Awards conferred (eKantipur.com)
Fuel shortage hits again (Nepalnews.com)

Nov 15
No NAC int'l flights for 2 weeks in Dec (eKantipur.com)
104 bandas since April Uprising! (eKantipur.com)
Nepal looks Down Under for foreign jobs (eKantipur.com)

Nov 16
$300m loan for tapping 125 MW (eKantipur.com)
US now top buyer of Nepali carpets (eKantipur.com)
Better wages demanded for agricultural workers (eKantipur.com)
FNCCI, Moroccan chamber to ink deal (eKantipur.com)
Tiwari, Aryal join Himalmedia (Nepalnews.com)

Nov 18
Thirty-three traders receive CIP awards (eKantipur.com)
Kathmandu Gallery promotes Nepali handicrafts (eKantipur.com)
Nepse gains 26.26 pts, crosses 900 mark (Nepalnews.com)

Nov 19
Top companies investing big in cement plants (eKantipur.com)
Manufacturing exports from Hetauda decline (eKantipur.com)
Four more universities in the offing (Nepalnews.com)

Nov 20
Ameco claims Rs 700m compensation (eKantipur.com)
NAC staff to get additional allowances (eKantipur.com)
Delayed pact puts 5,000 Korean jobs in doubt (eKantipur.com)
Consumers to face upto 4 hours of power cuts (Nepalnews.com)
Basnet re-elected as president of online media association (Nepalnews.com)

Nov 21
Maoists resume ‘kangaroo courts’, continue land seizures (eKantipur.com)
Petrol lines return as NOC unable to pay import bills (eKantipur.com)
Consumers hit by inflation of 7 percent (Nepalnews.com)

Nov 22
Maoist 'voluntary' donations spread terror (eKantipur.com)
One billion spent for election: Mahat (eKantipur.com)
Oil transporters warn of strike (eKantipur.com)
National Trade Fair in December (eKantipur.com)
Bandhs called by different groups hit normal life in Terai (Nepalnews.com)

Nov 23
Nepal to review ASA with UAE, Malaysia (eKantipur.com)
Black cardamom at record high prices (eKantipur.com)
SAARC trade and economic cooperation to be reviewed (eKantipur.com)
Revenue up by 13 percent, spending up by 36 percent (Nepalnews.com)
Ace Development Bank holds its 12th AGM (Nepalnews.com)

Nov 24
No SCBL shares traded after 42pc price drop (eKantipur.com)
Declining dollar negates rising tourism (eKantipur.com)

Nov 25
Rs 21.18 million robbed from BoK (eKantipur.com)
Left high and dry in Kabul, Nepali workers long to return home (Nepalnews.com)

Nov 26
Fuel supply woes reappear, to remain (eKantipur.com)
NAC to approach SC to quash stay order (eKantipur.com)
Tourism entrepreneurs unite against donation drive (eKantipur.com)
Land reforms necessary to increase productivity (eKantipur.com)
Nepal okeys three-year biz visa for BIMSTEC (eKantipur.com)
NPC approves three-year plan (eKantipur.com)
Petroleum dealers end strike (eKantipur.com)
Foreign employment regulation in the offing (Nepalnews.com)

Nov 27
Baglung water projects in limbo (eKantipur.com)
NEPSE to welcome new brokers (eKantipur.com)
Two Gorkha VDCs opened for tourists (eKantipur.com)
Non-LDC members to reduce tariff ahead of schedule (eKantipur.com)
OPEC Fund approves USD10 million loan to Nepal (Nepalnews.com)

Nov 28
NAC moves SC over Ameco row (eKantipur.com)
Fuel crisis grips mid, far west (eKantipur.com)
NEPSE starts live trading information update (eKantipur.com)
Paddy production in Dhanusa to triple (eKantipur.com)
Consumers demand end to monopoly, syndicates (eKantipur.com)
EU funded tourism project launched (eKantipur.com)
Indian energy firm to acquire 80% stake in a Nepali firm (Nepalnews.com)
Nepal ranks 142 on UN's Human Development Index (Nepalnews.com)
NOC unable to ensure petro-supplies at current rate (Nepalnews.com)

Nov 29
Fuel shortage spreads across nation (eKantipur.com)

Nov 30
IFC to help Nepal Airlines restructuring (eKantipur.com)
Dragon Air back in service (eKantipur.com)
Criteria for language institutes by next week (eKantipur.com)
LP gas supply to be imported (eKantipur.com)
Foreign jobseekers up 26pc (eKantipur.com)
'265 projects being run with Indian aid' (eKantipur.com)

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