MoF to spend Rs 500m on VAT inspectors Kathmandu, February 16:Ministry of finance (MoF) is all set to recruit 1000 Value Added Tax (VAT) inspectors aiming at collecting Rs 2 billion revenue. The MoF is planning to spend upto Rs 500 million on the VAT inspectors to boost revenue collection... 16 Feb, 2006
IN BRIEF Deferral confirmedKATHMANDU: The Ministry of Foreign Affairs (MoFA) has officially announced the postponement of the Chinese team’s visit to Nepal, which was scheduled for February 16-18. The visit of the team under Tang Jiaxuan, State Counsellor of... Horoscopes 13 Feb, 2006
UN ‘can help’ resolve refugee crisis Damak, September 2: Chief of the UNHCR in Nepal, Abraham Abraham, said today that the UNHCR would “try all alternatives for resolving the Bhutanese refugee problem if a request was made by the government for the resolution of the problem.” Abraham,... Travel 09 Feb, 2006
Economy may collapse anytime: IfDS Kathmandu, February 2: Senior economists and experts talking about the existing economic scenario have expressed serious concerns over the possibility of the economy collapsing within three months, if the ‘current’ scenario continues unaltered. Dr... 02 Feb, 2006
TAKING STOCK: Duty reduction: A welcome proposal Kathmandu:There is a move by the ministry of finance (MoF) under Dr Roop Jyoti to lower customs tariffs by 32 per cent. Some trade association have praised the move, others have criticised it. Understandably, the Department Stores Association of Nepal... 16 Jan, 2006
MoFA preparing for 13th SAARC summit Kathmandu, October 19:The Ministry of Foreign Affairs (MoFA) will be preparing for participating in the upcoming 13th Summit of the South Asian Association for Regional Cooperation (SAARC) to be held in Dhaka through 12-13 November, though the Foreign... Travel 22 Oct, 2005
Nepal, Korea hold meeting Kathmandu, October 22:Senior foreign ministry officials of Nepal and South Korea today held a consultation meeting in Kathmandu to discuss on matters of bilateral relations as well as matters relating to regional and international issues. Hira Bahadur... 22 Oct, 2005
India leads in FDI projects in Nepal Kathmandu, October 18:Attracting foreign direct investment (FDI) in the country has always been a major agenda of past and present governments, no matter which political party was in saddle. However, the effectiveness of such efforts has remained... 18 Oct, 2005
Govt prepares to privatise NIDC Kathmandu, October 15: As per the announcement made in the budget, the government is set to appoint an independent valuator for evaluating the property and liabilities of Nepal Industrial Development Corporation (NIDC) for an early privatisation of the... 15 Oct, 2005
Nepali textile sector hit Kathmandu, September 27: Expiry of Multi-fibre arrangement (MFA) regime has hit Nepali garment sector harder than any other least developed countries (LDCs) like Bangladesh, Cambodia and Sri Lanka. According to the latest government study, Nepali... 27 Sep, 2005
Liberalisation makes little impact Kathmandu, September 23:Despite the country having adopted economic liberalisation policies after the restoration of democracy in 1990s in a bid to spread its benefits to poor people, these policies have not made any impact on essential commodities of... 23 Sep, 2005
Weak diplomacy hurts economy Kathmandu, September 22: Despite two high level studies in 1995 and 2002, Nepal’s economic diplomacy has not been enhanced which has directly hit the economy despite the immense potentials ushered in by WTO, SAFTA and BIMS-TEC moves. Changing... 22 Sep, 2005
