Large trade deficit, imports haunt the business sector KATHMANDU: In a three-year interval, there has been an increment of 28 per cent in the total import business of Nepal while the export business is petering out. Speaking at a programme organised by Trade and Export Promotion Center (TEPC) to celebrate... 04 Nov, 2009
Editorial Missing foresight The lure for foreign employment has not relented, but the openings are becoming scarce with the recession that the west in particular is undergoing. For the Nepalese job seekers, the Gulf countries have been a major destination. With... 03 Aug, 2009
Swim alone for now, NRB guv tells NCBL KATHMANDU: Nepal Rastra Bank (NRB) cannot take responsibility for cooperatives, said NRB governor Dipendra Bahadur Kshetry during a function organized to celebrate the sixth anniversary of National Cooperative Bank Ltd (NCBL) here today. “We... 10 Jul, 2009
The human dimension of global slowdown Choices and limitations The impact of global slow down is everywhere. Such impact is both economic and human. The extent of these impacts differs between countries and among different income groups. Economic impact can be investigated by posing some questions such as how to... 15 May, 2009
Monetary Policy a flop KATHMANDU: The new Monetary Policy has miserably failed to control the price hike. Speaking during Nepal Rastra Bank’s 54th anniversary today, central bank governor Dipendra Bahadur Kshhetri showed serious concern over the rising prices at a... 28 Apr, 2009
Chinese crisis in offing:To hit Nepal harder than the global crisis Kathmandu, March 21:China is heading towards the US-like situation that led to global crisis.“China is also heading towards a US-like situation,” said Rashed Al Mahmud Titumir, professor of economics at Dhaka University speaking at an interaction... 21 Mar, 2009
Nepal-time at Berlin ITBE 2009 Himalayan News ServiceKathmandu, March 13 The 47th International Tourism Exchange (ITBE 2009) started in Berlin, Germany on March 11, with more than 11,000 exhibitors from over 180 nations from around the globe including Nepal participating in the... 13 Mar, 2009
Revenue deptt to establish four ICPs Kathmandu, January 26:The Revenue Department is going to establish Integrated Check Posts (ICPs) at four customs points.Speaking on 57th International Customs Day, Revenue Department director general Bodh Raj Niraula informed the gathering about the... 26 Jan, 2009
Remittance best foreign currency earner Kathmandu, January 16:Contrary to popular belief that tourism, carpet or the readymade garments sector is the largest foreign currency earner, it is remittance that is the largest foreign currency earner.“Remittance contributes to 50 per cent of the... 16 Jan, 2009
Remittance drop to hit land price Kathmandu, December 29:The zooming price of land will slow down within coming 10 months but not go kaput, predict experts.“The whopping rise in land prices will slow down in the coming 10 months,” said Ganesh Gurung, a sociologist who has been... 29 Dec, 2008
Money coming from India to get safer, faster passage Kathmandu, December 26:Manakamana Money Express (MME), active in 87 countries, will funnel remittance from India through proper banking channels.MME chairman Bhim Prasad Sherchan said they would soon start the service. “Nepalis working in India... 26 Dec, 2008
Global crisis may engulf nation too, say experts Kathmandu, November 24:Nepali economists sound optimistic despite the global financial crisis. However, they have warned that Nepal also might land up in a financial soup if domestic problems get out of hand. According to them, the global crisis has... 24 Nov, 2008
