Page last updated at 2014-11-01 19:42:03 RSS
  BUSINESS & ECONOMY
Locals Demand 35 Per Cent Share In Bhotekoshi
Myrepublica
CHAUTARA, Nov 1: Leaders and cadres associated to different political parties organized protest program demanding that the people affected by the Bhotekoshi Hydropower Project be provided with compensation and at least 35 per cent share in the project.

The villagers led by the local leaders and cadres of the different five political parties including CPN-UML, UCPN (Maoist), RPP, RPP Nepal warned of disrupting the power production at the project if their demands were not addressed.
Helipad Constrcution At Dhulikhel Retreat
MYREPUBLICA
BANEPA, Nov 1: Construction of a helipad has been initiated at Dhulikhel municipality-1 after the government chose this place for the retreat to the heads of the state and of governments from the SAARC countries in view of the imminent SAARC Summit in Kathmandu.

Leveling of ground has been complete and the blacktopping will bee soon, said the District Administration Office.
Procurement Act Change Seeks Status Quo Ante In Variation Order
RUDRA PANGENI
KATHMANDU, Oct 31: The authority of government secretaries to approve variation orders in construction contracts was ended by the Public Procurement Act 2007, but now a draft amendment seeks to restore the authority for up to 10 percent. A variation order is issued for payments for construction project work which could not be foreseen during the project design and cost-estimate stage.

The draft amendment says that the provision for restoring the discretionary authority of the secretaries is meant to make variation orders more accountable.
Gorakhkali Rubber Industry Halts Production
REPUBLICA
GORKHA, Oct 31: Gorakhkali Rubber Industry has stopped productions after its products failed to compete with Indian brands available in the market.
Officials of the country’s only tire manufacturer said the industry has been closed as its products cannot compete with cheaper Indian products.

Tires manufactured by Gorakhkali Rubber Industry cost comparatively higher than Indian tires available in the market. “We have stopped production as we have failed to find market for products manufactured before Dashain festival,” an official of the industry’s administration division, told Republica. “People prefer Indian tires as they are cheaper compared to our products.”
NT To Reduce Internet Tariff By 20 Pc
REPUBLICA
KATHMANDU, Nov 1 : The Nepal Telecom (NT) has decided to reduce internet tariff by 20 percent. The telecom service provider has also started providing additional data volume for Asymmetric Digital Subscriber Line (ADSL) and broadband users.

“We have reduced the tariff of all our internet packages by 20 percent and sent new rates for approval by Nepal Telecommunications Authority (NTA). Once we get the go-ahead from NTA we will be providing internet service at cheaper price to our customers,” said Buddhi Prasad Acharya, managing director of NT, adding that the demand of internet is growing and we want more people to use internet service.
More Headlines:
  • Govt rolls back transport fare hike decision
    REPUBLICA
  • Comeback of real sector
    REPUBLICA
  • NRB asks BFIs to end classification of promoters
    REPUBLICA
  • Govt not supportive to garment industries: GAN
    REPUBLICA
  • NARC Executive Director resigns
    REPUBLICA
  • Nepal to host 32nd Annual Jimmy and Rosalynn Carter Project
    REPUBLICA
  • Nepse remains stable as benchmark falls marginally
    REPUBLICA
  • Rupee weakens, gold price down
    REPUBLICA
  • Govt hopes AIIB will address Nepal's infra financing needs
    RUDRA PANGENI
  • Two-day infrastructure summit from Nov 11
    REPUBLICA
  • More Headlines»  

    RECOMMENDED


     

    End of government


     

    Bhattarai floats three different models of federalism


     

    Proposed CJ to face parliamentary hearing tomorrow


     

    Veep Jha returns home from Lhasa visit


     

    Five die in bus collision in Dhading

    POPULAR

     

    NT to reduce internet tariff by 20 pc

     

    Nepal inches closer to Div 2 after US victory

     

    Nepal gets new lease of life in match with US

     

    Nepal caps campaign with Division 3 crown

     

    House panel asks govt to roll back transport fare hike decision

    Weather

    KATHMANDU
    Low 12oC
    High 23oC
    Sunrise 6:14 am
    Sunset 5:20 pm

    Archives

      Daily News
      Photo Gallery