Koirala’s India visit : Aimed at stabilising Nepal’s economy Prime Minister Girija Prasad Koirala’s recent visit to India has a special significance in view of the difficult times in Nepal. Stabilising the economy, which has been battered during the last 15 months, is a Herculean task. The growth rate of... 11 Jun, 2006
BIZ BRIEFS Aviation to lose $3bPARIS: Airlines around the world are expected to lose a combined $3 billion this year as high fuel prices continue to hurt profitability, the International Air Transport Association said in a forecast. World airlines had a loss of... 06 Jun, 2006
Govt set to alter system of national accounts Indicators on GDP, inflation, GDS may change Kathmandu, May 25 : Central Bureau of Statistics (CBS), a government undertaking under the National Plann-ing Commission, is planning to change the system of national accounts (SNA) to make it... 25 May, 2006
LETTERS Historic crossroads The people have shed their tears and blood to achieve a historic victory. During the Jana Andolan, Nepalis of all castes, creed, religions, including the Janajatis, Dalits, minorities, women and the disabled marched in the streets... 21 May, 2006
LETTERS Accept foreign aid Much has been said about the pros and cons of foreign aid. Rajendra B Shrestha’s article “Foreign aid” (THT, May 18) also provided an insight. We know that Nepal’s economy is in dire straits and any aid at this moment should... 18 May, 2006
Misplaced jubilation The government-generated euphoria over remittances gives little scope for jubilation as the transactions have been possible not because of the so-called far-sighted policies of the government but because of individual initiatives. Mainly semi-skilled... 23 Apr, 2006
Economy in dire straits: Experts Kathmandu, March 19: Former finance minister, former vice-chairmen of National planning Commission (NPC) and representatives of business organisations urged for quick measures to check the deteriorating economy. Speaking at a talk programme organised... 19 Mar, 2006
Link trade, tourism and finance, urge traders Kathmandu, March 12:As Nepal plunges into economic hardship due to conflict and political instability, young business leaders have come out with a ‘call’ for developing strong and effective linkages between trade, tourism and finance to drive... 12 Mar, 2006
Fear stymied quota implementation: Expert Kathmandu, February 22:Member of the National Planning Commission (NPC), Dr Rajendra Suwal today said the reservation policy for disadvantaged groups could not be implemented due to fear psychosis prevailing among the government authorities. Dr Suwal... Travel 23 Feb, 2006
Ashes to ashes Nepal’s hotel industry has incurred a heavy loss running into millions of rupees in the past couple of days. The foreign tourists cancelling 95 per cent of their overall hotel bookings outside the Kathmandu Valley and a similar percentage of group... 09 Feb, 2006
Fall infinitum The Asian Development Bank (ADB), in its quarterly economic update, has painted a dismal picture of Nepal’s economy for the year 2006. The report is cause for serious concern as the growth outlook for the year is fraught with major risk factors like... 31 Jan, 2006
Weak institutions blamed for slow economic reform Kathmandu, November 22:Despite economy liberalisation, it did not benefit to the larger good of people yet as the growth momentum could not continue after mid-1990s. Eve-n after the restoration of dem-ocracy, growth rate could not be sustained due to... 22 Nov, 2005