Roundup of Economic & Business News (May 28 - Jun 8)

May 28
Water level dips at Kulekhani (eKantipur.com)
NA starts road construction (eKantipur.com)
Garment production shifting overseas (eKantipur.com)
Industrialists warn of protests (eKantipur.com)
Record high revenue growth (eKantipur.com)
Sri Lankan to resume flights (eKantipur.com)
India to triple assistance to Nepal (Nepalbiznews.com)
Tourism meet organised in London (Nepalnews.com)
Ozark Gear opens shop (Nepalnews.com)

May 29
Settle dues for normal oil supply: India (eKantipur.com)
Martelli new regional director of IFC (eKantipur.com)
ADB-N's financial cracks another time bomb: Governor (eKantipur.com)
Meager rise in overseas employment (eKantipur.com)
CDMA phone to get full mobility (Nepalbiznews.com)
Industrialists of Butwal warn of struggle against the Maoists (Nepalbiznews.com)

May 30
WB suspends funds for financial sector reform (eKantipur.com)
‘Focus on infrastructure development’ (eKantipur.com)
Nokia names authorized distributors for Nepal (eKantipur.com)
Agitating teachers and private schools sign a deal (Nepalbiznews.com)

May 31
Nepali embassy in Israel (eKantipur.com)
Repair delays to disturb NAC's operation (eKantipur.com)
MoAC demands Rs 5b budget (eKantipur.com)
Potato prices see steep climb (eKantipur.com)
Development spending sluggish (eKantipur.com)
NOC pays Rs 1b to IOC (eKantipur.com)
Parliamentary panel urges the government to form land commission (Nepalbiznews.com)
Govt. to make changes in policy of foreign employment and transport sector

June 1
Crowded city pushes banks to rural areas (eKantipur.com)
Hetauda Cement shuts down (eKantipur.com)
Govt to widen inbound facility (eKantipur.com)
NFIN called bandh cripples life across the nation (Nepalbiznews.com)
FNCCI to hold its 41st AGM (Nepalnews.com)

June 2
Labor pact with South Korea within a month (eKantipur.com)
ADB gives four options for fast track route (eKantipur.com)

June 3
NRB freezes Space Time account (eKantipur.com)
Surya Nepal, best managed company in Nepal (eKantipur.com)

June 4
We will renegotiate West Seti: Mahat (eKantipur.com)
US proposes duty-free facility (eKantipur.com)
Pashmina entrepreneurs see good prospects (eKantipur.com)
Employment in Israel, Govt requests relief for stranded workers (eKantipur.com)
Fourth SASEC meet to discuss economic cooperation (Nepalbiznews.com)

June 5
Govt lifting ban on camouflage clothing (eKantipur.com)
Imported grain jack up chicken price (eKantipur.com)
USAID to focus on vocational training (eKantipur.com)
Industrial Security Force to be formed (Nepalbiznews.com)
Entrepreneurs close down Birgunj (Nepalbiznews.com)
CNI urges dynamic and inclusive industrial policy (Nepalbiznews.com)
Media experts stress timely reform in media laws (Nepalnews.com)

June 6
NEPSE index hits all time high, Gains Rs 68b in a year (eKantipur.com)
NTA examines UTL's appeal (eKantipur.com)
Mill defers payment to farmers (eKantipur.com)
Disclose food importer names: Officials, retailers (eKantipur.com)
Govt raises milk price (eKantipur.com)
Govt. welcomes NRN's investment in hydropower: Minister Karki (Nepalbiznews.com)
Govt. to connect 1007 VDCs with phone within ten months: Mahara (Nepalbiznews.com)
Madheshi Tigers' strike hits Terai life (Nepalnews.com)

June 7
ADBL seeks to reduce non-performing loans (eKantipur.com)
Garment export falls to 60 percent in May (Nepalbiznews.com)
Eastern Taplejung faces food shortage (Nepalbiznews.com)
Govt. seeks new relation with ADB for Melamchi (Nepalbiznews.com)
Nepal-India power exchange committee meet kicks off in Kathmandu (Nepalnews.com)
Govt hands over Rs 92.5 million as salary for PLA (Nepalnews.com)

June 8
ADB seeks reform at water utility (eKantipur.com)
India to offer Nepal another 40 MWs (eKantipur.com)
FOREIGN EMPLOYMENT: Recovery rate of swindled money low (eKantipur.com)
Nepal's forex reserve hits Rs 171 billion (eKantipur.com)
Nepal Investment Bank sets up a new branch (Nepalbiznews.com)
Yami says govt ready to explore all options for reviving Melamchi (Nepalnews.com)
Bandh affects Pokhara and Janakpur (Nepalnews.com)
Japan to provide $60 m for construction of New Kawasoti Sub-station (Nepalnews.com)
(Nepalbiznews.com)