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Page last updated at 2014-07-29 09:27:25 RSS
  NCC Delegation Meets Commerce, Industry Ministers
    KATHMANDU, July 28: A delegation of Nepal Chamber of Commerce (NCC) led by its newly elected president Rajesh Kaji Shrestha separately met Minister for Industry Karna Bahadur Thapa, Minister for Commerce and Supplies Sunil Bahadur Thapa, and Chief Secretary Lila Mani Poudel at their respective offices on Monday.

The delegation requested Industry Minister Thapa to take necessary initiatives for early endorsement of pending bills related to the industrial sector from the parliament. “In the meeting, Shrestha told Minister Thapa that country´s trade deficit is increasing due to slowdown in production activities in the country,” a statement issued on Monday said. NCC officials also drew the attention of Minister Thapa toward labor problems, load-shedding, highest taxes and lack of infrastructures, among others. Minister Thapa assured the delegation that the government would announce different facilities to the industrial sector in the Industrial Enterprises Bill.

  Nepal, US Start Preparations For TIFA Council Meeting
    KATHMANDU, July 28: Nepal and the United States of America (USA) are planning to hold the first Trade and Investment Framework Agreements (TIFA) Council Meeting, three years after the signing of TIFA.

The two countries had signed TIFA on April 15, 2011.

  Chocolates Worth Rs 5 Billion Imported In 5 Years
    KATHMANDU, July 28: Nepal imported chocolates worth Rs 1 billion in the first ten months of the fiscal year 2013/14, Rs 70 million more than what the country had imported in the same period of 2012/13, statistics of Trade and Export Promotion Center (TEPC) shows.

The country imported chocolates worth a whopping Rs 5 billion in the last five years, according to TEPC.

  Broadband Policy Coming Within 45 Days
       KRITI BHUJU  
    KATHMANDU, July 28: The government is unveiling the much awaited Broadband Policy within one and half months.

The Ministry of Information and Communications (MoIC) has already directed Nepal Telecommunications Authority (NTA) - the telecom sector regulator -- finalize the draft as per the format provided by it.

  Water Bottler Sealed Over Misuse Of Other Brand
    KATHMANDU, July 28: Some water bottling plants in the capital have been found illegally refilling water in the bottle/jars of another brand and sending them to the market.

A market monitoring team deployed by the Department of Food Technology and Quality Control (DoFTQC) on Monday sealed Himal Mineral Water Industry of Matatirtha after it was found refilling waters in jars with brand name ´Aqua Kakani´.

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