Entrepreneurs appeal for lasting peace Kathmandu, September 4: Federation of Nepalese Chambers of Commerce and Industries (FNCCI), an apex body of the business organisations, today has ‘strongly’ appealed for a long-lasting peace in the country. “National economy has faced a serious... 09 Apr, 2005
Developing economies growing fast: World Bank The GuardianLondon, April 7:Developing countries grew at their sharpest rate for three decades last year, faster than wealthy nations, the World Bank said. It warned, however, that wealthy nations were not increasing aid fast enough to stamp out... 07 Apr, 2005
Nepal to grow at 3pc: ADB Himalayan News ServiceKathmandu, April 6:Despite high oil prices and the devastating tsunami, developing countries in Asia are set to experience a robust growth in 2005, says an Asian Development Bank (ADB) report released today. The bank projects the... 06 Apr, 2005
Neglected need Recent years have not provided any hopeful signs for the economy. Following February 1, it is being widely feared that the economic condition may go from bad to worse. For example, tourist arrivals are reported to be sliding, so are remittances from... 05 Apr, 2005
Development programmes Need for a super coordinator Raghab D Pant:We have a new Minister of Finance, a new Governor of the central bank and the not-so-new Vice -Chairman of the National Planning Commission (NPC). They are the real framers, respectively, of fiscal, monetary and development policies of... 03 Apr, 2005
‘Nepal-Pak free trade pact to increase trade’ Himalayan News ServiceKathmandu, March 31:The visiting Pakistani state minister for economic affairs, Hina Rabbani Khar noted that early signing of a bilateral free trade agreement (FTA) would ensure better trade facilitation between two countries.... 31 Mar, 2005
Hotel industry on brink of collapse Gopal TiwariKathmandu, March 30:Though Nepal is known as the ‘Switzerland of Asia’ to tourists, over 840 hotels in the country that have an aggregate investment of over Rs 102 billion, are on the brink of collapse, due to lack of security, weak... 30 Mar, 2005
IN OTHER WORDS : Aid and Africa Last week, as Tony Blair unveiled the Commission on Africa’s report on how to tackle poverty, Bob Geldof, the Live Aid star walked to the microphone with expletive-filled advice for how Blair should get George W Bush, to step up to the plate on aid... 21 Mar, 2005
TOPICS : Micro-enterprise as a way of reducing poverty Prem SharmaMore than 38 per cent of the total population of Nepal fall below poverty line. The people are far behind in development, although Nepal is full of resources. Basic infrastructure policies have not been well formulated and implemented by the... 16 Mar, 2005
No light at the end of tunnel: ADB Himalayan News ServiceKathmandu, March 13:Economic growth is continue to decline and settle at three per cent in the fiscal year 2005, mainly due to the anticipated weaker performance of agriculture, tourism and transport sectors. However, economic... 13 Mar, 2005
Projects push up govt expenses Himalayan News ServiceKathmandu, March 9:According to government statistics, during the last six months of fiscal year 2004-05, expenses under various headings such as current expenses, capital expenditure and education have increased. As a result,... 09 Mar, 2005
National economy at turning point Himalayan News Service Kathmandu, January 2: Senior economist and bankers have noted that economy has reached a turning point, thanks to a whopping rise in inflation and decline in income. “If one analyses the data, national economy has reached at... 01 Mar, 2005
