Saturday, February 17, 2007

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)

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