Roundup of Economic & Business News (Jun 9 - Jun 16)

June 9
Nepal Federation of Indigenous Nationalities (NEFIN) calls off banda (eKantipur.com)
Stock brokers: Making hay while sun shines (eKantipur.com)
NEPSE posts impressive growth (eKantipur.com)
Hetauda Cement Factory (HCF) resumed production (eKantipur.com)
Inland Revenue Office (IRO) to miss revenue target (eKantipur.com)

June 10
Interview - Jhapat Vohra, Chairman&MD, Malika Development Bank (eKantipur.com)
NIBL opens 16th branch, DCBL opens 2nd branch, Kumari Bank opens 8th branch
Trade deficit continuous to widen: NRB (Nepalbiznews.com)
Labour MoU with UAE to be signed in July (Nepalnews.com)

June 11
Notification delay stalls camouflage cloth import (eKantipur.com)
JTMM-Goit seizes 435 bighas of land in Saptari (Nepalnews.com)

June 12
GDP per capita up 8.8pc (eKantipur.com)
NAC cancels engine overhaul tender (eKantipur.com)
Nepal pushes for trade preference in China (eKantipur.com)
Another industry packs up (eKantipur.com)
Paradise-II colony under development, IME completes 5 years (eKantipur.com)
Strike by landless people partially affects life (Nepalbiznews.com)
Remittance growth plummets (Nepalnews.com)

June 13
‘Company Act to be revised soon’ (eKantipur.com)
Airfares on Ktm-Delhi route up (eKantipur.com)
Govt appoints Poverty Alleviation Fund (PAF) board members (eKantipur.com)

June 14
ADB positive on Melamchi, Asks govt to suggest options (eKantipur.com)
15m euros EU aid for renewable energy (eKantipur.com)
Stock market plummets (eKantipur.com)
IMF to disburse US$ 16m under PRGF (eKantipur.com)

June 15
Locals encircle Marsyangdi hydro (eKantipur.com)
National park revenues dwindle (eKantipur.com)
Unregistered drugs continue to flood market (eKantipur.com)

June 16
NEA's unpaid account rises to Rs 780 million (eKantipur.com)
Nepse scales to 15.89 points (Nepalbiznews.com)
(eKantipur.com)