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  BUSINESS & ECONOMY
Skill-oriented Training Works Wonders For Pokhara Women
REPUBLICA
POKHARA, Sept 30: The involvement of women in Pokhara in skill-oriented jobs like plumbing and mobile phone repairing is on the rise in recent years.

“We have been taking mobile repairing training for the past couple of months as there is high demand for skilled manpower in this sector,” Durga Syangden of Ranipouwa VDC of Kaski said.
Fire Engulfs Kia Motors' Godown
REPUBLICA
KATHMANDU, Sept 30 : A massive fire broke out at the Tinkune-based spares parts godown of Kia Motors on Tuesday morning. The fire was brought under control within 45 minutes.

According to Yugandra Shrestha, assistant deputy manager of Continental Associates -- the authorized distriubtor of Kia Motors in Nepal, the fire started at around 11 am.
MoAD Proposes Rs 487m Additional Compensation To Farmers
REPUBLICA
KATHMANDU, Sept 30: The Ministry of Agricultural Development (MoAD) has proposed a compensation plan worth Rs 487 million to farmers for the damages caused by floods and landslides this year to crops, livestock and birds.

In a report forwarded to the Agriculture and Water Resources Committee (AWRC) of legislature-parliament on Wednesday, MOAD has proposed a compensation of Rs 298 million for the damages caused to crops in 21 flood and landslide-affected districts. Likewise, it has proposed Rs 189 million in compensation for damages to livestock and birds in several districts.

Earlier, MoAD had assessed total damages to crops by landslide and floods at Rs 2 billion. Last year, total production of rice stood at 4.5 million tons worth Rs 100 billion. Paddy is the main contributor to the agricultural gross domestic product (AGDP) and also a major component of the country´s economic growth.
According to MoAD, Rs 4.35 billion worth of crops and Rs 148 million worth of livestock and birds were damaged by flood and landslides this year.

Following submission of the report, AWRC had directed MoAD to come up with a plan for providing compensation to farmers. “We have only Rs 36 million allocated for distributing compensation to farmers. So we have asked the finance ministry to provide the remaining amount to compensate the farmers,” said Udaya Chandra Thakur, spokesperson for MoAD. Thakur also informed that they have so far only released Rs 500,000 to compensate for the damages by floods in Bardiya.
Gold Imports Down By 7.8%
SUJAN DHUNGANA
KATHMANDU, Sept 30: Gold imports went down by 7.8 percent in fiscal year 2013/14 compared to a year earlier.

According to statistics made public by the Trade and Export Promotion Center (TEPC), the country imported gold worth Rs 23.9 billion in the review year, down from Rs 26 billion worth of gold imported a year earlier.
Asian Stocks Mostly Lower After US Declines
Associated Press
BANGKOK, Sept 30:  Asian stocks were mostly lower Tuesday after Wall Street´s losses overnight and pro-democracy protests in Hong Kong, a major financial center, added to worries about political risk.

KEEPING SCORE: Hong Kong´s Hang Seng Index tumbled 1.2 percent to 22,945.80 points after protesters demanding democratic reforms blocked streets in the business district. Tokyo´s Nikkei 225 plunged 1.5 percent to 16,070.90 and China´s Shanghai Composite Index was flat at 2,357.91. Sydney´s S&P ASX 200 gained 0.2 percent to 5,275.60 while Seoul, Taipei, Singapore and New Zealand declined.
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