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Page last updated at 2014-07-24 16:43:51 RSS
  BUSINESS & ECONOMY
  CIAA Directs Appointing CEO At NEA
       RSS  
 
    KATHMANDU, July 24: The Commission for the Investigation of Abuse of Authority (CIAA) has directed the government to forward the process for appointing the Chief Executive Officer (CEO) at the Nepal Electricity Authority (NEA) saying the NEA was run by Officiating CEO for long.

The NEA has been running its services under the Officiating CEO, Ram Chandra Pandey, an NEA official, currently

 
  Chilime Board Restructures Subsidiary Companies
       REPUBLICA  
 
    KATHMANDU, July 23 : Chilime Hydropower Company has changed organizational structure of its three subsidiary companies.

The board meeting of the company held on Tuesday decided to create separate posts of chairpersons and managing directors in all three subsidiary companies - Madhya-Bhotekoshi, Sanjen and Rasuwagadhi.

 
  Financial Bill Cuts Facilities Announced In Budget
       RUDRA PANGENI  
 
    KATHMANDU, July 23 : The government has cut incentives for the hydropower sector announced through the budget for fiscal year 2014/15.

Some incentives issued through the budget speech are missing from the Financial Bill 20131/14.

 
  Mega Bank To Open Regional Offices
       REPUBLICA  
 
    KATHMANDU, July 23: With the country moving toward federal setup, Mega Bank on Wednesday it was planning to open regional offices in at least four-five places.

“We also have a strategy to venture into international markets. We have been receiving requests to open branch office sin Sikkim, Darjeeling and Dehradun of India,” Madan Kumar Dahal, chairman of Mega Bank, said, speaking at a program organized to celebrate 4th anniversary of the bank. “We want to go for joint ventures in India if not in US, Europe or Japan.”

 
  Kavre DAO To Train Farmers On Safe Use Of Pesticides
       SUJAN DHUNGANA  
 
    KATHMANDU, July 23: District Administration Office (DAO), Kavre is preparing to make vegetables farmers and traders aware of the pesticide limit in vegetables following criticism that vegetables supplied by the district contain high amount of pesticide residue.

The DAO Kavre took the decision after results of lab tests of vegetables made public by the Ministry of Agricultural Development (MoAD) last week showed that potato supplied by the district was containing pesticide residue of as high as 90 percent.

 
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