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Tag Archives: FNCCI

President pardons Pandey

President Dr Ram Baran Yadav today pardoned former Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) president Pradeep Jung Pandey. The President’s press advisor Rajendra Dahal confirmed that Pandey is among 21 persons granted pardon by the President

Budget focuses on economic revival, implementation challenging: Mahat

Finance Minister Dr Ram Sharan Mahat asserted that budget for the next fiscal year 2015-16 is focused on economic recovery and reconstruction but also accepted that full implementation is a challenging task. The fiscal policy will help economic recovery and

Budget draws mixed reactions

The budget has received mixed reaction from the political parties and business community Some political parties and entrepreneurs welcomed, whereas others critisised the Rs 819.47 billion budget presented by finance minister Dr Ram Sharan Mahat yesterday. Former finance minister and

Muraraka takes charge of FNCCI

Pashupati Murarka, who has been elected the 17th president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) unopposed from the special general meeting today, took charge of his post in the afternoon. “I will discharge my duty

Rana pulls out of race, Muraraka to become FNCCI president

Pashupati Murarka has been unanimously elected the president of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), though officially it will be declared tomorrow evening. Muraraka’s way to the top post of umbrella organisation of domestic private sector has

Three file nomination for FNCCI top post

Three contenders including incumbent officiating president Pashupati Murarka, former senior vice president Bhaskar Raj Rajkarnikar and former vice president Bhawani Rana filed their nomination today for the top post of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) despite

FNCCI opens Innovation Hub

Federation of Nepalese Chambers of Commerce and Industry (FNCCI) today opened the Innovation Hub inside its headquarters. US Embassy Chargé d’ Affaires John Carwile, acting FNCCI president Pashupati Murarka and former president Suraj Vaidya officially opened the Innovation Hub, a

Cottage industries suffer loss of Rs 590 m loss due to earthquake

The cottage and small industries have suffered a loss of Rs 590 million due to devastating earthquake of April 25, and subsequent aftershocks. The cottage and small enterprises suffered a loss of Rs 590 million due to earthquake, according to

Ministry collects 210kg polythene in two days

Ministry of Science, Technology and Environment has recovered more than 210-kg of polythene bags within first two days of the enforcement of government decision to ban plastics in the Kathmandu Valley. Secretary at the ministry Dr Krishna Chandra Poudel –

Rethink ban on plastic: FNCCI

The private sector has asked the government to rethink ban on use of polythine bags. Issuing a press release today, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has said that the ban has adversely affected plastic manufacturing factories.

Former Nepal Chamber of Commerce president passes away

Former president of Nepal Chambers of Commerce Ishwor Lal Shrestha expired at the age of 83 today. One of the leaders of the chambers movement in Nepal and industrialist Shrestha was involved in the chamber movement since 1962 and had

FNCCI take on certificate of origin dispute of betel nuts

Federation of Nepalese Chambers of Commerce and Industry (FNCCI) today clarified that it will issue certificate of origin to exporters recommended by only two organisations of betel nut producers. The Certificates of Origin has not been extended on recommendation of

Finance Minister talks tough against crusher industries

The government has reaffirmed its stance on crusher industries. Addressing entrepreneurs here today at the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) finance minister Ram Sharan Mahat said that thee government see the crusher industry follow the new

Finance minister asks auto traders to focus on production

Finance Minister Dr Ram Sharan Mahat asked automobile traders to start thinking of manufacturing motor vehicles in the country instead of importing. Addressing the 37th annual general meeting of Nepal Automobiles Dealers’ Association (NADA), here today, he asked the traders

Joint Tourism Coordination Council against Nepal Tourism Board

A delegation of Joint Tourism Coordination Council (JTCC) today today called on Prime Minister Sushil Koirala at his official residence at Baluwatar to apprise him of the rampant financial irregularities taking place at Nepal Tourism Board (NTB). They also apprised

Urge to bridge job demand and supply gap

The labour experts urged the government to bridge job demand and supply gap by linking education and vocational training. Even though education is not a panacea and does not in itself create jobs, having higher level of education or skills

Murarka elected FNCCI senior vice president

Pashupati Murarka has been elected as the senior vice president of Federation of Nepalese Chambers of Commerce and Industry. The first meeting of the newly elected executive committee of FNCCI has elected Murarka to the second highest post of the

Private sector, civil society to take part in NPPR

Nepal Portfolio Performance Review (NPPR) is including the private sector and civil society organisations – recognising their involvement in development activities – for the first time. Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Federation of Contractors’ Associations of