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Page last updated at 2014-07-30 22:24:44 RSS
  BUSINESS & ECONOMY
 
  First Decline In Vehicle Registration Since 2009/10
       SUJAN DHUNGANA  
 
    Registration of car, jeeps, vans, however, went up by 18.5 percent

KATHMANDU, July 30: Registration of vehicles declined in fiscal year 2013/14 after posting growth in three previous fiscal years.

Statistics of the Department of Transport Management (DoTM) shows vehicles registration declined by 4.86 percent to 198,343 during the review year. Registration of vehicles in segments like two-wheelers and bus as well truck and crane declined in 2013/14. According to the data, registration of two-wheelers went down by 11,436 units to 163,945 units.

 
  Hydropower Export Cannot Reduce Trade Deficit: Experts
       RUDRA PANGENI  
 
    KATHMANDU, July 30 : Experts have warned against export of hydropower to reduce burgeoning trade deficit with India. Instead, they have urged the government to prioritize electricity consumption through industrialization and replacement of petroleum products used to generate electricity.

Nepal imported goods and services amounting to Rs 434 billion from India in the first 11 months of 2013/14. The country could export goods and services worth only around Rs 54 billion in the review period.“

 
  Transshipment Agreement In Three Months: Indian Envoy
       REPUBLICA  
 
    KATHMANDU, July 30: India has agreed to provide transshipment facility to Nepal within three months.

Speaking at a program organized by the Nepal Freight Forwarders Association (NEFFA) to celebrate 20th Cargo Day in Kathmandu, Indian ambassador to Nepal Ranjit Rae said India will provide transshipment facility to Nepal within three months. He also expressed commitment to finalize transshipment modality soon.

 
  Raw Materials Of Iron-based Industries Top Imports Through Birgunj ICD
       RITESH TRIPATHI  
 
    BIRGUNJ, July 30: Various raw materials required for iron-based industries were the top revenue contributor for Birgunj Inland Clearance Depot (ICD) in 2013/14.

Customs office at the ICD collected Rs 3.82 billion in revenue from the raw materials for iron industries in 2013/14. The amount accounted for 27 percent of the total revenue of Rs 14.37 billion mobilized by the office during the year.

 
  Nepal Locations Popular For Foreign Film Shoots
       KRITI BHUJU  
 
    78 films, documentaries, commercials last year alone

KATHMANDU, July 30: At a time when many Nepali films are being shot in foreign lands, Nepal´s own natural beauty and rich cultural heritage have been attracting many foreign film and documentary makers to do their shooting here. Not only that, various television commercials (TVC) have also been shot in Nepal, one of which is for Volkswagen, the famous German car brand.

On May 27 this year, the TVC for Volkswagen´s New Tiguan was shot in Nepal. The 59-second commercial was shot in Kathmandu, Lalitpur and Bhaktapur. The advertisement is in Chinese.

 
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