Business

Seek experts’ advice to formulate policies: former minister Pandey

Kathmandu, Aug 23: CPN (UML) leader and former Finance Minister Surendra Pandey has said the government must introduce a cooperative policy at the earliest for management of the cooperatives. At the 19th Annual General Assembly (AGM) of Biswash Multi-purpose Cooperative Ltd on Tuesday here, Pandey warned that formulation of policies by excluding the opinions of the experts would result in introduction of weak policies. He stressed on the fact that the cooperatives must seek alternate avenues of investment to avoid risking people's money. Stating that the cooperatives have had huge impact on nation's economy, Pandey argued that the people must become entrepreneurs and businessmen for the country's economic

Read More >>

Chairman Dahal-Chinese Ambassador meet

Kathmandu, Aug 22: Chinese Ambassador to Nepal, Yu Hong, has called on Chairman of the CPN (Maoist Centre), Pushpa Kanal Dahal 'Prachanda' today. During the meeting held at Dahal residence in Lazimpat, they discusses on various dimension of Nepal-China relation and recent Nepal visit of Chinese Vice-Premier. They also discussed on past agreements signed between Nepal and China as well as progress in their implementation, according to Dahal's Secretarait. The discussion was also held on One Belt One Road initiative forwarded by Chinese government. Nepal has already signed the OBOR

Read More >>

China has over 700,000 social organizations

BEIJING, Aug. 4 (Xinhua) --China had about 702,000 social organizations as of the end of 2016, according to data released by the Ministry of Civil Affairs Thursday. The organizations include 336,000 social groups and associations, 5,559 foundations and 361,000 private non-enterprise organizations. As of the end of last year, social organizations nationwide had over 7.63 million employees, up by 3.9 percent from the previous year. In 2016 authorities investigated 2,363 cases of social organization-related violations, closing illegal organizations in 16 cases and handing down punishments in 2,347 cases, it said. In China, private non-enterprise organizations generally include schools, hospitals, elderly-care centers and

Read More >>

No artificial shortages during festival season: Supplies Minister

Kathmandu, August 4: Supplies Minister Shiva Kumar Mandal has said black marketing and artificial shortages would not be allowed under any circumstances, especially during the festival period. Speaking in the face-to-face programme at Reporters Club here today, he said the process for amending the related laws and Acts have been initiated with the aim of removing the existing legal hurdles for checking such malpractices. "The food supply and distribution would be eased during the festival months and discussions are being held with Nepal Food Corporation for transporting food grains to the remote districts," the Supplies Minister said, adding that efforts were on to contain the market price of goods and petroleum products. The Minister said that he has been taking information on the

Read More >>

Commerce Minister pledges to focus on addressing trade deficit

Itahari, July 31: Minister for Commerce Meen Kumar Bishwakarma has pledged to take measures to improve the nation's economic situation. Addressing a programme organised in his honour at Tarahara of Sunsari Sub Metropolitan City-2 today, the Minister said Nepal was incurring loss in the area of trade and commerce and the government would give its focus on addressing such deficit. Market promotion at home and abroad for local products like ginger, Rudraksha, cardamom, Akabare (round) chilly, tea, coffee and dairy products would also be the special focus of the government, he added. Stating that the country would not see prosperity until taxpayers paid the tax happily, he said the policy of honouring taxpayers was

Read More >>

Lawmakers demand immediate distribution of grant to quake survivors

Kathmandu, July 30: Lawmakers have demanded no more delay in distribution of grants to earthquake survivors for house re-construction. During the zero and special hour in today's meeting of the Legislature-Parliament, they drew the attention of the government saying tens of thousands of households have not yet received the housing grant even 27 months after the Gorkha earthquake. Furthermore, many people in different locations of the country have been hit hard due to landslide and floods while most of the land remains barren in Tarai for lack of irrigation facility. Saying fertile land should be protected by controlling river erosion, the lawmakers urged the government to declare Tarai as drought-hit area and help the farmers who have not been able to transplant paddy for lack of

Read More >>

Latest Updates