Detention charge costing importers over Rs 12 crore daily Kathmandu, October 8 Imported items from third countries and India are certain to be costlier in the coming days, as importers have been compelled to pay unimaginable detention charges levied by the shipping liners and Kolkata port for failing to... Travel 09 Oct, 2015
Number of L/Cs being opened plummets Kathmandu, October 1 Issuance of letters of credit (L/Cs) has plummeted following a directive issued by the Consulate General of Nepal in Kolkata to reduce imports from third countries. The Consulate General, last week, had requested the private... 02 Oct, 2015
Rumours of Indian blockade scotched Kathmandu, September 22 The government has dismissed rumours about economic blockade imposed by the Indian government on Nepal as baseless. The Ministry of Home Affairs today confirmed that there is no obstruction in the movement of cargo... Travel 23 Sep, 2015
Govt to seek removal of demurrage charge Kathmandu, September 13 The government is preparing to write to the Indian government for the removal of additional rental charges being levied by the Kolkata Port Trust due to the delay in evacuation of Nepal-bound cargo. As trucks and... 14 Sep, 2015
EDITORIAL: Protect exports Payment of the goods exported to the third countries will be further delayed if the cargoes are not delivered on time The earnings from exports to third countries have gone down due to prolonged and violent bandhs in the Tarai districts over the... 10 Sep, 2015
Tarai bandh dents earnings of exporters Kathmandu: As if limited resources, crippling power outages and high cost of importing raw materials were not bad enough, the prolonged political turmoil in Tarai districts has added to the headache of exporters. With the movement of vehicles... 09 Sep, 2015
Tarai turmoil triggers revenue losses Kathmandu, September 7 Protests launched by different Madhesi parties in the Tarai belt since mid-August have started affecting production of various manufacturing companies, including multinationals, triggering revenue losses worth millions of... 08 Sep, 2015
Cargo movement comes to a halt in Birgunj Kathmandu, August 26 The indefinite Tarai bandh called by different Madheshi parties has completely halted movement of cargo vehicles from Birgunj, a major border point from where foreign goods enter Nepal, raising fears of shortage of different... 27 Aug, 2015
Hunt for new export routes, transit points Kathmandu, November 16:Diversification of transit route is a must for generating more trade to lure more investment, said Purushottam Ojha, trade secretary addressing an interaction on ‘Jwaharlal Nehru Port, Mumbai - an alternative transit corridor... 17 Nov, 2008
Transit, trade cargo pact sought Kathmandu, October 7:Nepali businessmen have asked the governments of Nepal and Bangladesh to sign an accord on operating modalities of carriage of transit/trade cargo to facilitate bilateral and external trade through Bangladesh.They — during an... 07 Oct, 2007
Banglaband land port to boost export trade Himalayan News ServiceKathmandu, May 24:Commenting about the full operation of Banglaband land port, the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), an apex body of the business sector, today said that it has opened the doors for... 24 May, 2004
Two firms submit bids for ICD management Himalayan News ServiceKathmandu, March 16:Only two bidders, namely Container Corporation of India (CONCOR) and B Ghosh and Company, India, have submitted tender document for the operation and management of Inland Clearance Depot (ICD) based in... 16 Mar, 2004
