KATHMANDU, Aug 22: Migration of youth for overseas jobs is subsequently bringing about structural transformation in Nepali economy through skill, capital and willpower, experts said on Friday.
Presenting a thematic paper in a program titled ´Can Nepal Join Asian Growth Success?´ organized by the Department for International Development (DFID) of the United Kingdom and Society of Economic Journalists Nepal (SEJON) on Friday, Stefan Dercon, chief economist of DFID, has said that market opportunities, and technological and managerial capabilities are vital for economic success in the present world. “Overseas returnees are equipped with such capabilities,” he added.
KATHMANDU, Aug 22: A business delegation from Canada met with Finance Minister Ram Sharan Mahat at his office on Thursday.
Finance Minister Mahat told the delegation that the government had announced tax exemption schemes on large investments through the budget for fiscal year 2014/15, a statement issued by the finance ministry said.
KATHMANDU, Aug 22: Ncell has provided Rs 200 million flood and landslide victims in different parts of the country.
As part of its corporate social responsibility, Ncell on Friday handed over a check for Rs 200 million to Prime Minister Disaster Relief Fund to provide relief to the victims and rehabilitate needy people in the disaster hit areas, Ncell said in a statement.
KATHMANDU, Aug 22: Plans are afoot to allow the operation of micro-breweries that will produce beer in small quantities and serve it fresh as draught beer.
The Department of Industry (DoI) is devising standards for the micro-breweries, which will manufacture such craft beers in small quantities, using less space for fermenting the grain and avoiding added preservatives. Draught beer is better in terms of health compared to bottled beer, it is claimed.