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Page last updated at 2014-08-21 09:53:21 RSS
  BUSINESS & ECONOMY
  2,454 Farmers Certify Their Products As Organic
       MADHUSUDAN GURAGAIN REPUBLICA  
 
    BANEPA, Aug 20: Farmers from different parts of the country have been attracted to the organic farming of late. And many agro products have received organic certification, according to Organic Certification Nepal (OCN), an institution established by Agro scientists. Altogether 2,454 farmers have certified their produce so far.

Apple produced in Jumla, honey of Dadeldhura, Coffee of Kaski, rice of Chitwan, vegetable of Kathmandu, lentils of Rasuwa, Tea of Ilam have already received organic certification.

 
  Indian Envoy Meets Fin Min To Discuss Line Of Credit Facility Announce By Modi
       REPUBLICA  
 
    KATHMANDU, Aug 20 : Indian Ambassador to Nepal Ranjeet Rae has met with Finance Minister Dr Ram Sharan Mahat and discussed the implementation of projects and line of credit facility announced by Indian Pime Minister Narendra Modi during his recent visit to Nepal.

Prime Minister Modi has announced line of credit facility of Rs 1 billion to Nepal, inter alias.

 
  Count Dividend As Paid-up Capital, NRB Tells BFIs
       REPUBLICA  
 
    KATHMANDU, Aug 20: Nepal Rastra Bank (NRB) has said that it would allow the banks and financial institutions (BFIs) who have proposed the bonus shares as dividend in the fiscal year 2013/14 to count as their paid-up capital.

The provision will make it easy for those BFIs who have not maintained their required paid-up capital yet to adjust their proposed bonus shares of the fiscal year 2013/14 in their paid-up capital.

 
  Shangri La Group To Open New Resort In Begnas
       KRITI BHUJU  
 
    POKHARA, Aug 20: The Shangri-La group is opening another resort at Begnas, Pokhara under a new brand name The Lost Horizon Resort. The resort which aims to cater high end tourists will be constructed from the beginning of 2015 and will come into operation after a year.

“We are trying to create a unique brand. The resort will cater to high-end tourists and we are tying to make it one of the best hotel in the world. For this we are investing Rs 500 million,” said Prasiddha Bahadur Pandey, executive director of Hotel Shangri-La.

 
  Vegetable Prices Shoots Up In Bhairahawa
       REPUBLICA  
 
    BHAIRAHAWA, August 20: Health consciousness among customers and choosy buying behavior has spiked the price of vegetables.

 With findings that imported vegetables are laced with pesticides, short supply of the vegetables is the main reason behind the price hike. The import of the green vegetables has declined.

 
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