Page last updated at 2014-11-20 21:11:45 RSS
  BUSINESS & ECONOMY
SAARC Handicraft Exhibition Kicks Off
REPUBLICA
KATHMANDU, Nov 21: SAARC Handicraft Exhibition and 12th Handicraft Trade Fair of Nepal kicked off at the Bhrikuti Mandap Exhibition Hall from Thursday.
The five-day event is being jointly organized by the Federation of Handicraft Associations of Nepal (FHAN), SAARC Cultural Center of Sri Lanka and the Trade and Export Promotion Center of Nepal.

Inaugurating the event, Minister for Industry Mahesh Basnet said handicraft industry has been making significant contribution to national economy by providing employment opportunities to thousands of people. Saying that handicraft products worth around Rs 15 billion is exported to different countries annually, Basnet promised all possible support to the domestic handicraft industry. "For the promotion of Nepali handicraft industry, the government has expedited works to open handicraft village in every development region,” he added.
World Bank To Support Grid Solar Project
REPUBLICA
KATHMANDU, Nov 20: The World Bank is supporting Nepal´s new project on grid solar and energy loss reduction.

According to officials, the finance ministry has completed the negotiation with the World Bank to generate 20 MW of electricity from the grid solar in Kathmandu by mid-June next year. “We have completed the negotiation with the WB and the agreement in this regard will be signed very soon after completing necessary preparations from both sides,” Madhu Kumar Marasini, joint secretary at the finance ministry, told Republica.
Yeti Dev Bank Felicitates Its Brave Staff
REPUBLICA
KATHMANDU, Nov 20: Yeti Development Bank has felicitated its staff of Pokhara Branch, Bhagwan Baral, who was shot at by assailants on April 28 while he was transporting money from the bank to a local cooperative. According to a statement issued on Thursday, bank´s acting CEO Sagar Sharma felicitated Baral upon his discharge from Wellness Hospital after completing three-month physiotherapy. The bank said it bore all his medical expenses.

Baral was first admitted to Manipal Hospital, Pokhara and later shifted to Neuro Hospital in Kathmandu after their was no improvement in his health. Later, he was shifted to Wellness Hospital for the physiotherapy.
Small Farmers Seek Friendly Policy
REPUBLICA
KATHMANDU, Nov 20: Small, women and landless farmers have criticized the government´s agriculture policy, saying that it only favors large investors and landlords.

Small farmers of 34 districts, who are currently in Kathmandu, have demanded that the government come up with policies that support small farmers.
Tens Of Millions Invested In Gorkha Hotels
NARAHARI SAPKOTA
GORKHA, Nov 20: Entrepreneurs in the district are investing in luxurious hotels targeting domestic and foreign tourists.

The district has seen huge investment in hospitality sector over the past five years. Investments in hotels range from Rs 5 million to as high as Rs 70 million. Most of the new hotels target foreign tourists.
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    REPUBLICA
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