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Guide to OZ Jobs/Rooms listingsNews tagged 'Business'
Jobs of nearly 50,000 workers associated with party venues, catering services at risk
Aug 14, 2020
KATHMANDU, AUGUST 13 The monthly salary of Rs 15,000 was barely enough for Keshav Kunwar, a resident of Bhaktapur, to make ends meet. But when the government announced a nationwide lockown in March to control the spread of coronavirus, the party palace he was working for also shuttered, thereby cutting off his only source of income for his family o...
‘Monetary Policy should prove lifeline to economic and business growth’
Jul 3, 2020
KATHMANDU, JULY 2 Amid Nepal Rastra Bank (NRB) preparing the Monetary Policy for fiscal year 2020-21, stakeholders have said that the policy for the upcoming fiscal year should prove to be a lifeline to revive the country’s economy and businesses that have been severely hit by the COVID-19 pandemic. As the major challenges facing businesses/...
Business activities closed in Khotang
Jul 2, 2020
KHOTANG, JULY 1 Khotang Chamber of Commerce and Industry has closed commercial and other activities with effect from today after COVID-19 infected people were found in Diktel. General Secretary Manoj Kumar Bajimaya said business activities would close as a precautionary and preventive measure against the virus. He said letters were sent to the entr...
China says concerned about India banning Chinese apps
Jun 30, 2020
BEIJING: China said on Tuesday it was concerned about India’s decision to ban Chinese mobile apps such as Bytedance’s TikTok and Tencent’s WeChat and was making checks to verify the situation. Chinese foreign ministry spokesman Zhao Lijian told reporters during a daily briefing that India has a responsibility to uphold the r...
Poultry business back in rhythm
Jun 24, 2020
Chitwan, June 23 The poultry business that saw ups and downs since two years back has gained its rhythm after relaxation of the lockdown imposed to contain the coronavirus spread. Consequently, poultry farmers have gradually started feeling a sigh of relief. Poultry business which grew as a self-sufficient entrepreneurship had faced immoderate setb...
Media sector’s plight goes ‘unheard’
Jun 24, 2020
KATHMANDU, JUNE 23 Though the government has introduced different measures that are intended to provide relief to businesses affected by the COVID-19 pandemic, the plight of the medial industry — which is among the most-hit sectors today — has been overlooked. Sadly, the government is not even assessing the impact of the COVID-19 pand...
Nepal Inc seeks interest rate reduction on loans
Jun 22, 2020
KATHMANDU, JUNE 21 As Nepal Rastra Bank prepares to bring the Monetary Policy for fiscal year 2020-21, the business community has demanded reduction in interest rates on bank loans. The Confederation of Nepalese Industries, Federation of Nepalese Chambers of Commerce and Industry and Nepal Chamber of Commerce have already submitted their recommenda...
Amazon's Melbourne move could create 'thousands' of jobs but bankrupt retailers
Aug 5, 2017
Amazon's decision to move into Melbourne has been celebrated as a win for jobs, but billionaire entrepreneur Gerry Harvey warns the online shopping giant will use a "send everyone broke" policy to put other retailers out of business. Amazon has announced plans to open its first Australian warehouse at Dandenong South, where it has purchas...
Nepal, China to develop cross-border power transmission lines
Aug 5, 2017
Nepal has sent a draft of the Memorandum of Understanding (MoU) to China for the joint development of cross-border transmission lines between the two countries, a senior official of Nepal's Energy Ministry said Friday. The power-line connectivity between the two countries is expected to pave the way for electricity trade in the future between ...
MoU inked for SKYRAIL feasibility study
Jul 20, 2017
A memorandum of understanding was signed today between Kathmandu Metropolitan City and Cimex Inc to conduct feasibility study for skyrail in Kathmandu. According to a press release issued by Cimex, its Chairman Prasidha B Panday presented the pre-feasibility study report to KMC Mayor Bidya Sundar Shakya in a ceremony held here today. The rele...
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