BIZ BRIEFS NFTA’s meet heldKATHMANDU: Nepal Foreign Trade Association (NFTA) held its 31st annual general meeting in Kathmandu on Friday. NFTA has asked the government to introduce multiple rates (1 per cent, 4 per cent and 13 per cent) in value added tax (VAT)... 08 Feb, 2008
‘Develop custom points as trade facilitation centres’ Kathmandu, January 25:Entrepreneurs today urged government to make customs as trade facilitation points to boost foreign tra-de in the context of globalisation and free market.Citing Nepal’s entry into multilateral trading system like the World Trade... 25 Jan, 2008
Chinese trade fair to become annual event Kathmandu, July 26:A four day long China Trade Fair 2006 is being organised from September 7 to 10 this year in Kathmandu with a view to promote Chinese products as well as attract investment to Nepal.The second edition of CTF-2006 is being jointly... 26 Jul, 2006
‘Remittance keeps economy afloat’ Kathmandu, June 8 :Bijay Nath Bhattarai, governor of Nepal Rastra Bank (NRB), today said that remittance has been an effective component to keep the economy afloat. If there was no remittance flow, we would not be able to import goods from foreign... 08 Jun, 2006
Foreign Trade Fair from June 8 Kathmandu, June 6 :Nepal Foreign Trade Association (NFTA) and Global Exposition and Management Services Pvt Ltd (GEMS) are jointly organising Nepal Foreign Trade Fair 2006 from June 8 to 10, at Bhrikuti Mandap. The three-day long fair is the first of... 06 Jun, 2006
BIZ BRIEFS CFL posts profitKATHMANDU: Crystal Finance Ltd (CFL) has reported a net profit of Rs 10.1 million in the fiscal year 2004-05, which is an increment by 50.61 per cent against the previous fiscal, states a press release. According to Ram Prasad Hada,... 16 Aug, 2005
Chambers criticise VAT increment Himalayan News ServiceKathmandu, January 15:The government decision of increasing value added tax (VAT) by 3.33 per cent has been criticised by various chamber of commerce and industries. At a time when the country’s economy is unstable and the... 15 Jan, 2005
Millions lost due to strike at Tatopani Himalayan News Service Kathmandu, June 17: The strike called by the Maoists at Tatopani, now in its second week, has cost the nation millions. Maoists have put a stop to all work at the Tatopani customs where 40 trucks carrying goods worth Rs 100... 17 Jun, 2004
