Roundup of Economic & Business News (May 12 - May 18)

May 12
PM requests India for normal petroleum supply (eKantipur.com)
No third party in valley's water distribution system: Yami (Nepalbiznews.com)

May 13
Schools shut down nationwide (eKantipur.com)
Fuel supply not yet smooth (eKantipur.com)
Maoists to return the seized properties (Nepalbiznews.com)

May 14
IOC doubles petrol supply (eKantipur.com)
Yami dismisses Severn Trent deadline (eKantipur.com)
Israel adopts ?wait and see? approach (eKantipur.com)
Casino Royal closed (eKantipur.com)
FDI commitment rises 56 pc (eKantipur.com)
Forthcoming budget to total Rs 160 billion (Nepalnews.com)

May 15
New building code for Valley unveiled (eKantipur.com)
IOC reduces petrol supply again (eKantipur.com)
Tribhuvan Highway to close during monsoon (eKantipur.com)
Government repays Rs 11.84 billion debt (eKantipur.com)
ID Bank to issue shares (eKantipur.com)
WWF grants Rs 7.8 million for biogas project (Nepalbiznews.com)

May 16
Privatization or no, NWSC badly needs reforms (eKantipur.com)
Hotel workers condemn Maoist excesses (eKantipur.com)
Nepal Airlines: Revamp or close down (eKantipur.com)
Cheaper wireless Internet from WorldLink (eKantipur.com)
Dillydallying jeopardizes Korean jobs for Nepalis (eKantipur.com)
‘Implement Insolvency Act soon’ (eKantipur.com)
Second Himalayan International Travel Mart concludes (Nepalbiznews.com)
All schools across the nation face indefinite shutdown (Nepalbiznews.com)
ADB to pull out from Melamchi; Minister Yami says she is not against the project

May 17
Finance ministry seeks to salvage Melamchi (eKantipur.com)
Maoists won't return lands before CA poll: Mahara (eKantipur.com)
Insecurity puts local development at risk (eKantipur.com)
NT's new 3G service receives good response (eKantipur.com)
High-level body to facilitate Nepal-Tibet trade (eKantipur.com)
NT to launch 3G mobile services (Nepalnews.com)
Direct flight to Europe from Nepal suspended (Xinhua)

May 18
ADB vice prez writes to Yami-Says Melamchi row may impact aid (eKantipur.com)
Hike in petroleum prices ruled out (eKantipur.com)
Asahi beer debuts (eKantipur.com)
Telecom regulator objects to 3G subscription fee (eKantipur.com)
(Nepalnews.com)