Roundup of Economic & Business News (Feb 3 - Feb 16)

Feb 3
Petrol crisis deepens (eKantipur.com)

Feb 4
Water supply dips with daily power cuts (eKantipur.com)

Commentary
‘We are glad to serve the nation’ (CEO of Standard Chartered Bank) (eKantipur.com)

Feb 5
Remittance inflow up by 42 percent (eKantipur.com)
Garment export to US plunges by 54 pc (eKantipur.com)
Tourism industry hit hard by fuel crunch (Nepalnews.com)

Feb 6
NOC supplies 600 tons of cooking gas (eKantipur.com)
Dairy farmers losing Rs 600,000 per day (eKantipur.com)
200,000 carpet workers rendered jobless (eKantipur.com)
China Southern makes maiden landing at TIA (eKantipur.com)

Feb 7
Sales down as unrest continues (eKantipur.com)
IT Park fails to lure quality bidders (eKantipur.com)
Land-property transaction act in the offing (Nepalnews.com)

Feb 8
Software to end red tape (eKantipur.com)
ISG urges Maoists to cease violence (eKantipur.com)
14 companies compete for 1, 302 MW survey license (Nepalbiznews.com)

Feb 9
Entrepreneurs estimate worth Rs. 18 b loss during Terai unrest (Nepalbiznews.com)
New venture launched in ICT sector (Nepalbiznews.com)
Indian Power Ministry wants to tap Nepal's hydro potentials (Nepalnews.com)

Feb 10
WB holds assessment interaction (Nepalbiznews.com)

Feb 11
WB holds assessment interaction (Nepalbiznews.com)
Minister Mahat rules out national investment (Nepalbiznews.com)

Commentary
Negative travel advisories slowing recovery (eKantipur.com)
The economic cost of strikes (eKantipur.com)

Feb 12
NOC resumes petrol supply to private pumps (Nepalbiznews.com)
US aid cut by 26% (eKantipur.com)
Huge budget spent on cantonments: Dr Mahat (eKantipur.com)
A dozen airports to be upgraded (eKantipur.com)
‘Rs 25b foreign aid after Janaandolan II’ (eKantipur.com)

Feb 13
Up to 7 hrs power cut a day (eKantipur.com)
Labor export up by 12 percent (eKantipur.com)
Exports dip with deteriorating industrial relations (eKantipur.com)
‘Terai unrest costs economy Rs 29b’ (eKantipur.com)
News Brief (NLIC proposes 20 percent dividend, NT to expand its reach) (eKantipur.com)
Our economic policy will be liberal and independent: Prachanda (Nepalbiznews.com)
Nepse delists 13 companies from stock exchange (Nepalbiznews.com)
Khanal leads MAN (Nepalbiznews.com)
Maoists want democratic republic with mixed economy, radical land reform: Prachanda

Feb 14
Govt unveils competition law (eKantipur.com)
Carpet industry seeks int'l certification (eKantipur.com)
Tourists increased by 5.8 pc in January (Nepalbiznews.com)
Laxmi Bank announces online remittance service (Nepalnews.com)

Feb 15
NEA campaign to reduce power use (eKantipur.com)
Govt lowers growth rate (eKantipur.com)
Nepal Bank CEO quits (eKantipur.com)
News Brief (UTL starts operation in Birgunj, FNCCI pleads for sufficient power supply)
Banda affects life, three injured in clash (Nepalbiznews.com)
Regulatory obstacles for investment climate discussed (Nepalbiznews.com)

Feb 16
World Bank MD emphasizes reforms (eKantipur.com)
Soaring margin lending raises risk for banks (eKantipur.com)
Supplementary budget on agenda to adjust non budgetary expenditure (Nepalbiznews.com)
(Nepalnews.com) (eKantipur.com)

Roundup of Economic & Business News (Jan 26 - Feb 2)

Jan 28
Stock market cools (eKantipur.com)
Gold price climbs, rupee gains (eKantipur.com)
Frost freezes farmers' earnings (eKantipur.com)
South Korea to permit Nepali workers (Nepalnews.com)
‘Economy must now get priority’ (The Himalayan Times)

Jan 29
Nepal in for round-the-year power cuts (eKantipur.com)
S. Korea likely to enlist Nepal as source country (Nepalbiznews.com)
“Village should be the priority of development” (Nepalbiznews.com)
NEA to impose up to 12 hours of load shedding daily by April (Nepalbiznews.com)
IOC threatens Nepal of cutting fuel supply Biz News (Nepalbiznews.com)
6-hour per day load shedding from mid-February (Nepalnews.com)

Commentary
Milk consumers not getting value for money (Interview) (eKantipur.com)

Jan 30
Extra flights fail to rescue stranded passengers (eKantipur.com)
Terai unrest worsens petrol shortage (eKantipur.com)
NEPSE suspends trading of NCC Bank (eKantipur.com)
Petrol shortage in capital, eastern and mid regions (Nepalbiznews.com)
Nepalgunj riots damaged property worth over Rs. 78 m: Report (Nepalbiznews.com)
Nepal gets its ‘commodities exchange’ (The Himalayan Times)

Jan 31
Car-crazy Catmandu (eKantipur.com)
Terai agitation cripples industries (eKantipur.com)
NT's Mahottari branch closes counter (eKantipur.com)
Petroleum dealers seek clearance of dues (eKantipur.com)

Commentary
Foreign employment in South Korea (eKantipur.com)

Feb 1
Banda cripples life in eastern districts (eKantipur.com)
Melamchi cost may drop by $94m (eKantipur.com)
NPC allocates Rs 63b for reconstruction (eKantipur.com)
SAARC countries to launch regional stock index (eKantipur.com)
BIMSTEC meet on easing travel from today (eKantipur.com)
Manpower agencies closed in protest (eKantipur.com)
Terai Unrest renders 4 hundreds industries closed in eastern Nepal (Nepalbiznews.com)
NT turns mobile phones hi-tech (The Himalayan Times)
BizNews Brief (IME in forex trading, Baglung Fair-2063) (The Himalayan Times)

Commentary
Globalization and higher education in India (eKantipur.com)
Is Nepal suffering from capital flight? (The Himalayan Times)

Feb 2
Fuel shortage worsens in Valley (eKantipur.com)
UTL to expand mobile coverage (eKantipur.com)
Cathay Pacific to start flights to Nepal (eKantipur.com)
Stone suppliers evade revenue in Kapilwastu Biz News (Nepalbiznews.com)