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margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Government is suppressing private sector’s growth.”</strong></span></div> <div> Dr Kamal Raj Dhungel, Professor at Central Department of Economics, Tribhuvan University alleging that the government has not done enough for the growth of the private sector. </div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ichchha Raj Tamang," src="/userfiles/images/irt%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“The government must allow to sell apartments to foreigners too.” </strong></span></div> <div> Ichchha Raj Tamang, President of Nepal Land and Housing Developers’ Association advocating the need to sell apartments to foreigners to give a boost to housing industry.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Barsha Man Pun" src="/userfiles/images/bmp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />“We won’t distress the economy by organising bandhs.”</strong></span></div> <div> Barsha Man Pun, Former Finance Minister and UCPN Maoist Leader promising that his party will not be organising any general strikes and closures that will affect the economy.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Leela Mani Paudyal" src="/userfiles/images/lmp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 98px;" />“Industrialists must be responsible to the society.”</strong></span></div> <div> Leela Mani Paudyal, Chief Secretary, asking entrepreneurs to be accountable and responsible to the society and people.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Prof Dr Bishwambher Pyakuryal" src="/userfiles/images/dbp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; height: 98px; width: 80px;" />“The economy faces the danger of macro-economic shocks.”</strong></span></div> <div> Prof Dr Bishwambher Pyakuryal, Senior Economist predicting what may happen to the economy because of large amount of money injected into the system during second Constituent Assembly Elections.</div>', 'published' => true, 'created' => '2014-01-26', 'modified' => '2014-01-27', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“Government is suppressing private sector’s growth.”', 'sortorder' => '2348', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2499', 'article_category_id' => '51', 'title' => 'Biztoon / Voices December 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/sk%20(Copy)(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“This budget will be fully accepted by the coming government.”</strong></span></div> <div> <strong>Shanker Prasad Koirala,</strong> Minister of Finance, Industry and Commerce and Supplies, assuring that the current fiscal budget will be happily accepted by the new government to be formed after elections. </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/up%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“The Constituent Assembly’s second episode is supposed to trigger economic development.”</strong></span></div> <div> <strong>Upendra Poudyal,</strong> Vice President, of Nepal Bankers’ Association expressing hope that the election would bring in political stability and encourage economic development.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/yk%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Along with implementation of monetary policy, central banks’ roles have extended to stabilising the financial sector and contributing to the national economic development.”</strong></span></div> <div> <strong>Dr Yubaraj Khatiwada,</strong> Governor of Nepal Rastra Bank mentioning that roles of central banks around the world have increased in the post global economic crisis era.</div> <div> </div> <div> </div> <div> <strong style="font-size: 16px;"><img alt="" src="/userfiles/images/sv%20(Copy)(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" /></strong></div> <div> <span style="font-size: 16px;"><strong>“The private sector will defy strikes.”</strong></span></div> <div> <strong>Suraj Vaidya</strong>, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that the private sector will defy any strikes organised by political parties.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/abp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Think prosperity, think welfare and shun strikes.”</strong></span></div> <div> <strong>Ajay Bahadur Pradhanang,</strong> President of Nepal Young Entrepreneur’s Forum (NYEF), suggesting political parties to shun politics and prioritise national priorities and common welfare.</div>', 'published' => true, 'created' => '2014-01-26', 'modified' => '2014-01-27', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“The Constituent Assembly’s second episode is supposed to trigger economic development.”', 'sortorder' => '2346', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '2405', 'article_category_id' => '51', 'title' => 'Biztoon / Voices November 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> </div> <div> <img alt="Bharat Mohan Adhikari, Former Deputy Prime Minister and Finance Minister" src="/userfiles/images/bma.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Ending energy crisis in five years is not an ambitious plan.”</strong></span></div> <div> <strong>Bharat Mohan Adhikari,</strong> Former Deputy Prime Minister and Finance Minister protecting CPN UML’s manifesto from an allegation of being over ambitious and impractical.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Birendra Bahadur Basnet, Managing Director of Buddha Air " src="/userfiles/images/bbb.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“CAAN should not blame ICAO to cover its own incompetence.”</strong></span></div> <div> <strong>Birendra Bahadur Basnet,</strong> Managing Director of Buddha Air commenting on the recent provision on mandatory deposits of Rs 50 million by the regulator, Civil Aviation Authority of Nepal (CAAN).</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Dr Yubaraj Khatiwada, Governor of Nepal Rastra Bank" src="/userfiles/images/dyk.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Nepal’s financial unity with China is a long process and it is not the right time to think about it.”</strong></span></div> <div> <strong>Dr Yubaraj Khatiwada,</strong> Governor of Nepal Rastra Bank stating that there is a long way to go before thinking about currency peg with Chinese Yuan.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Jiba Lamichhane, former President of Non-Resident Nepalese Association" src="/userfiles/images/jl(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Should not expect much from NRNs who are struggling themselves abroad.”</strong></span></div> <div> <strong>Jiba Lamichhane,</strong> former President of Non-Resident Nepalese Association requesting all to lower high hopes on NRNs to make huge investments in the country.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Suresh Pradhan, President of Federation of Nepal Cottage and Small Industries" src="/userfiles/images/sp(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Small entrepreneurs hardly get blacklisted.”</strong></span></div> <div> <strong>Suresh Pradhan,</strong> President of Federation of Nepal Cottage and Small Industries claiming that small and cottage industries have comparatively better track record in loan repayment. </div>', 'published' => true, 'created' => '2014-01-05', 'modified' => '2014-01-05', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => 'Nepal’s financial unity with China is a long process and it is not the right time to think about it.', 'sortorder' => '2247', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '2017', 'article_category_id' => '51', 'title' => 'Biztoon / Voices October 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon October 2013" src="/userfiles/images/biz.jpg" style="width: 550px; height: 371px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <p> </p> <div> <img alt="Shankar Koirala" src="/userfiles/images/sk(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Government is obliged to reduce customs on vehicle imports.”</strong></span></div> <div> <strong>Shankar Koirala,</strong> Finance Minister hinting that the tariff on vehicle imports may come down in the next fiscal year to fulfil the commitment made to World Trade Organisation (WTO) and South Asian Free Trade Agreement (SAFTA).</div> <div> </div> <div> </div> <div> <img alt="Lila Mani Paudel" src="/userfiles/images/lp.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Corruption kills entrepreneurship.”</strong></span></div> <div> <strong>Lila Mani Paudel, </strong>Chief Secretary stating that transparency is the basis for successful enterprise. </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Binod Chaudhary" src="/userfiles/images/bc(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 84px;" /><span style="font-size: 16px;"><strong>“We have to make public commitment for country’s economic development.”</strong></span></div> <div> <strong>Binod Chaudhary, </strong>Chairman of Chaudhary Group emphasizing the need of public commitment for economic prosperity.</div> <div> </div> <div> </div> <div> <img alt="Chhaya Sharma" src="/userfiles/images/cs.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Role of women must be increased in the GDP to uplift the economic growth rate.”</strong></span></div> <div> <strong>Chhaya Sharma,</strong> Chairperson of Women Entrepreneurs Development Committee at FNCCI recommending the method to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> <img alt="Raja Ram Giri" src="/userfiles/images/rg.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Nepal needs urgent reforms, not tourism year gimmick.”</strong></span></div> <div> <strong>Raja Ram Giri, </strong>an NRN based in London and Director of Samsara Nepal Financial Services Ltd stating the need for practical actions for tourism development.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“Government is obliged to reduce customs on vehicle imports.”', 'sortorder' => '1866', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2015', 'article_category_id' => '51', 'title' => 'Biztoon / Voices September 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon September 2013" src="/userfiles/images/Biztoon.jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <hr /> <p> </p> <div> <strong><span style="font-size: 16px;"><img alt="Ratish Chandra Lal Suman, the Director General of Civil Aviation Authority of Nepal (CAAN)" src="/userfiles/images/RCL(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />“Airline companies are not behaving as per the requirement of airline services and now they are calling the new AOCR impractical.”</span></strong></div> <div> Ratish Chandra Lal Suman, the Director General of Civil Aviation Authority of Nepal (CAAN) alleging airlines for not following the parameters for Air Operator Certificate Requirements (AOCR).</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) " src="/userfiles/images/HBS(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />"The low development budget would again lead us to another economic crisis.”</span></strong></div> <div> Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) arguing that the development expenditure of the government for the fiscal year 2013/14 would less likely help to achieve the desired economic growth rate.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Dr Chandra Mani Adhikari, Economist and Chairman of Citizen Investment Trust" src="/userfiles/images/CMA(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />“The capital expenditure must be raised to Rs 400 billion from Rs 60 billion at present.”</span></strong></div> <div> Dr Chandra Mani Adhikari, Economist and Chairman of Citizen Investment Trust suggesting to raise the capital investment in the annual government budget to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Dipak Gyawali, former Minister of Water Resources" src="/userfiles/images/DG(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />“The country needs more entrepreneurs than traders.”</span></strong></div> <div> Dipak Gyawali, former Minister of Water Resources expressing his belief that enterprises, entrepreneurs and industries must be developed to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Krishna Prasad Paudel, an Agriculture Expert" src="/userfiles/images/KPP(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />“Nepali farmers do not understand the agriculture policy drafted in English.”</span></strong></div> <div> Krishna Prasad Paudel, an Agriculture Expert being sarcastic to dependent mentality of government on preparing agriculture policies in English language despite majority farmer’s inability to comprehend English.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“Airline companies are not behaving as per the requirement of airline services and now they are calling the new AOCR impractical.”', 'sortorder' => '1865', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '2014', 'article_category_id' => '51', 'title' => 'Biztoon / Voices August 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="BIZTOON AUGUST 2013" src="/userfiles/images/biztoon(3).jpg" style="width: 550px; height: 372px; margin-right: 20px; margin-left: 20px;" /></p> <p> </p> <p> </p> <div> <strong><span style="font-size: 16px;"><img alt="Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank" src="/userfiles/images/Dr%20Yuba%20Raj%20Khatiwada.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 90px; height: 110px;" />“Increasing the capital base will favour a better future of banks and financial institutions.” </span></strong></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank arguing that the current capital base of banks and financial institutions is not enough for long term financial autonomy and discussions with stakeholders are going on about raising the capital base.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;">“Rent seeking bureaucracy and the private sector in search of protectionism have attacked the Foreign Investment and Technology Transfer Act.” </span></strong></div> <div> Dr Bhola Chalise, former Industry Secretary alleging that the bureaucracy and the private sector are both criticising the act.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;">“Every Nepali must be attached to tourism.” </span></strong></div> <div> Tejendra N Shrestha, President of Restaurant and Bar Association of Nepal pointing out that the general public does not realise that they are directly or indirectly associated with the tourism industry of the country. He says that the tourism sector will help Nepal achieve 7 per cent economic growth.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Jiba Lamichhane, President of Non- Resident Nepali (NRN) Association" src="/userfiles/images/Jiba%20Lamichhane.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 90px; height: 107px;" />“One should not expect much from NRN.” </strong></span></div> <div> Jiba Lamichhane, President of Non- Resident Nepali (NRN) Association saying that NRNs are struggling for being established and it would be wrong to have too much of expectations on them for making investments in Nepal.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Dr Chiranjibi Nepal, Principal Advisor at Ministry of Finance" src="/userfiles/images/Dr%20Chiranjibi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 90px; height: 108px;" />“<span style="font-size: 16px;"><strong>The target of 7 per cent economic growth by 2015 is possible only if the existing government can change some policies as required to expedite capital expenditure.”</strong></span></div> <div> Dr Chiranjibi Nepal, Principal Advisor at Ministry of Finance arguing that the current government can change the policy to expedite capital investment and propel economic growth.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“Rent seeking bureaucracy and the private sector in search of protectionism have attacked the Foreign Investment and Technology Transfer Act.”', 'sortorder' => '1864', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '2012', 'article_category_id' => '51', 'title' => 'Biztoon / VOICES JUNE 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoom June 2013" src="/userfiles/images/fdi.jpg" style="width: 550px; height: 371px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <div> <span style="font-size: 16px;"><strong>“Entrepreneurs should not be threatened to pay taxes.”</strong></span></div> <div> <strong>Jagdish Prasad Rathi,</strong> Chairperson, Tax and Revenue Committee at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) opines that business people and industrialists should be encouraged not threatened to pay taxes.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Radhesh Pant" src="/userfiles/images/rp(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 92px;" />“The private sector is not yet ready to invest in mega projects.”</strong></span></div> <div> <strong>Radhesh Pant,</strong> Chief Executive of Investment Board opines that the Nepali private sector is not yet ready for investing in mega projects proposed by the board.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We are advocating common standards across South Asia.”</strong></span></div> <div> <strong>Vikramjit Singh Sahaney</strong>, President of SAARC Chamber of Commerce and Industry believes that all the commodities traded in the South Asia region should comply to a common standards and standard certificates honoured by all the countries in the region should be issued.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Shankar Prasad Koirala" src="/userfiles/images/spk.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 75px; height: 93px;" />“Private sector support is a must for the full-fledged budget for the next fiscal year.”</strong></span></div> <div> <strong> Shankar Prasad Koirala</strong>, Finance Minister expects the full cooperation from the private sector to the government to bring a full-fledged budget for fiscal year 2013/14.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Gyan Chandra Acharya" src="/userfiles/images/gca.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 91px;" />“Nepal’s economic structure must be changed.”</strong></span></div> <div> <strong>Gyan Chandra Acharya,</strong> Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States at United Nations (UN) believes that the economic structure must be changed to achieve 7 per cent growth.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”</strong></span></div> <div> <strong>Bharat Mohan Adhikari,</strong> Former Finance Minister acknowledges the role of the private sector in achieving high economic growth.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”', 'sortorder' => '1863', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '2011', 'article_category_id' => '51', 'title' => 'Biztoon / Voices May 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon May 2013" src="/userfiles/images/agm.jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <div> <span style="font-size: 16px;"><strong><img alt="Prachanda Man Shrestha" src="/userfiles/images/pms(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 89px;" />“Foreign direct investment must increase in the tourism industry.”</strong></span></div> <div> Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We have been talking of exporting electricity when we are facing severe power crisis.”</strong></span></div> <div> Jagdish Prasad Agrawal, Chairman of Nimbus Group arguing that power must be produced first to meet the national demand before thinking to export it. .</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“The state and the private sector are not rivals.”</strong></span></div> <div> Chhabi Raj Panta, Minister for Physical Infrastructure, Transportation and Urban Development acknowledging the role of the private sector in infrastructure development.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ashoke SJB Rana" src="/userfiles/images/asr.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 75px; height: 91px;" />“Banks need financial instruments for investing in mega projects.”</strong></span></div> <div> Ashoke SJB Rana, CEO of Himalayan Bank Limited pointing out the lack of financial instruments for banks to invest in large projects of national importance.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ratnakar Adhikari" src="/userfiles/images/ra(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 91px;" />“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”</strong></span></div> <div> Ratnakar Adhikari, Chief Executive Director of South Asia Watch on Trade, Economics and Environment (SAWTEE) suggesting to create a special economic zone and enforcing stricter labour laws in such zones to control the ongoing labour unrest.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”', 'sortorder' => '1862', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '2013', 'article_category_id' => '51', 'title' => 'Biztoon / Voices July 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon July 2013" src="/userfiles/images/biztoon.jpg" style="width: 550px; height: 364px; margin-right: 20px; margin-left: 20px;" /></p> <p> </p> <div> <img alt="Siddhant Raj Pandey, CEO of Ace Development Bank" src="/userfiles/images/Siddhant%20Raj%20Pandey.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The government is still doing business despite the adoption of economic liberalisation.” </span></div> <div> </div> <div> Siddhant Raj Pandey, CEO of Ace Development Bank expressing dissatisfaction on the government’s stand to run business. He is of the opinion that liberalisation policy must be further strengthened.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)" src="/userfiles/images/Bhaskar%20Raj%20Rajkarnikar.jpg" style="float: right; margin: 0px 10px 0px 0px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The upcoming budget should be a private sector driven one.” </span></div> <div> </div> <div> Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that budget for the fiscal year 2013/14 should be private sector driven as the delay in past budgets had hit the economy hard.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI)" src="/userfiles/images/Hari%20Bhakta%20Sharma.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.” </span></div> <div> </div> <div> Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) asserting that the foreign investment from Nepal must be scrutinised based on company’s track record and financial capacity.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)" src="/userfiles/images/Ananda%20Raj%20Mulmi.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“If the government can increase its investment by 20-25 per cent, private sector can invest three times more than that.” </span></div> <div> </div> <div> Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) prescribing a way to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies" src="/userfiles/images/Mahesh%20Lal%20Pradhan.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“Nepal’s economic liberalisation was a premature baby.” </span></div> <div> </div> <div> Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies arguing that economic liberalisation in Nepal was not implemented with enough preparations so, the economy is moving through a mess.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.”', 'sortorder' => '1861', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '2010', 'article_category_id' => '51', 'title' => 'Biztoon / Voices April 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="Biztoon April 2013" src="/userfiles/images/cm.jpg" style="width: 550px; margin-left: 20px; margin-right: 20px;" /></div> <div> </div> <div> </div> <div> <hr /> <p> </p> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Suraj Vaidya" src="/userfiles/images/sv(2).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 75px; height: 90px;" />“The private sector must change its perception.”</strong></span></div> <div> Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), voicing the need for the private sector to be more responsible than just being driven by the profit motive.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong>“Capital Flight is fuelled by the government’s failure to implement its decisions.”</strong></span></div> <div> Subodh Kumar Gupta, Vice President of Birgunj Chamber of Commerce and Industry (BCCI) explains that many industries have moved out of the country as the government could not ensure investment friendly policies and environment despite declaring 2012 and 2013 as Nepal Investment Year.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong>“Nepal Telecom Authority has turned into a puppet.”</strong></span></div> <div> Dileep Agrawal, Chairman of World Link Communications Pvt Ltd alleging the regulator of the telecommunication sector working as per the will of political parties and their leaders rather than the need of telecom service providers.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Bhaskar Raj karnikar" src="/userfiles/images/br.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 75px; height: 90px;" />“The term ‘mixed economy’ is still not understood properly.”</strong></span></div> <div> Bhaskar Raj Rajkarnikar, Senior Vice-President of FNCCI complaining the political parties’ decision to opt for mixed economy, after the protest of 2006.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Prithvi Raj Ligal" src="/userfiles/images/pl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 75px; height: 90px;" />“If the current political disputes prolong, it is unimaginable to achieve even 4.1 per cent economic growth.”</strong></span></div> <div> Prithvi Raj Ligal, former Vice Chairman of National Planning Commission raising doubt whether that the Nepal Rastra Bank’s projection of 4.1 per cent growth can be achieved amidst present political uncertainties.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“The private sector must change its perception.”', 'sortorder' => '1860', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2009', 'article_category_id' => '51', 'title' => 'Biztoon / Voices March 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="" src="/userfiles/images/bz.jpg" style="width: 550px; margin-right: 20px; margin-left: 20px; height: 371px;" /></p> <p> </p> <hr /> <p> </p> <div> <div> <span style="font-size: 16px;"><strong><img alt="Rajan Singh Bhandari" src="/userfiles/images/1(4).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />“The liquidity situation must be addressed before the market faces crisis.”</strong></span></div> <div> Rajan Singh Bhandari, President of Nepal Bankers’ Association asking Nepal Rastra Bank to solve the impending liquidity problem before problems appears.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“Seven per cent economic growth is just a daydream unless political impasse can be ended.”</strong></span></div> <div> Deependra Bahadur Kshetry, Vice Chairman of National Planning Commission explaining that high economic growth cannot be achieved amid ongoing political uncertainty.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We should invest 35 per cent of the GDP to achieve seven per cent economic growth.” </strong></span></div> <div> Dr Ram Sharan Mahat, recommending a formula to achieve seven per cent economic growth in Nepal.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Yuba Raj Khatiwada" src="/userfiles/images/2(2).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 80px; height: 97px;" />“Current situation cannot be termed as liquidity crisis.”</strong></span></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank clarifying the heightened worries over the looming liquidity crisis in the banking system. He said that the liquidity ratio in the banks is 29.5 per cent in average.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Radhesh Pant" src="/userfiles/images/3(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 102px;" />“Policy stability is what we need for encouraging both national and foreign investors.”</strong></span></div> <div> Radhesh Pant, Chief Executive Officer of Nepal Investment Board explaining that political impasse is not only the cause of low investment</div> </div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“The liquidity situation must be addressed before the market faces crisis.”', 'sortorder' => '1859', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2008', 'article_category_id' => '51', 'title' => 'Biztoon / Voices February 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon Feb 2013" src="/userfiles/images/bt(1).jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong>‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’</strong></span><br /> <img alt="" src="/userfiles/images/Bharsha%20Man%20Pun.bmp" style="width: 100px; float: left; margin: 0px 10px 0px 0px;" /><br /> Barsha Man Pun, Finance Minister addressing the 48th Anniversary function of Rastriya Banijya Bank exhorting that trade union politics is unnecessary for corporate houses and political interventions are unacceptable in such ompanies.<br /> <br /> </p> <p> </p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong>‘Income from tourism has not increased in the same ratio as the increase in number of tourists.’</strong></span><br /> <br /> Pavitra Kumar Karki, President of Nepal Association of Tour and Travel Agents (NATTA), commenting on the current situation of the tourism industry<br /> <br /> </p> <hr /> <p> <br /> <br /> <span style="font-size: 16px;"><strong>‘At a time when we should be increasing our competitive abilities, we are wasting time on minor issues like locks.’</strong></span><br /> <br /> Arun Kumar Chaudhary, Former President of Nepal-India Chamber of Commerce and Industry commenting on the government’s hesitation to agree to the proposal to apply Indian customs locks on the container of goods from the third countries destined to Nepal from Indian ports.<br /> <br /> </p> <hr /> <p> <img alt="" src="/userfiles/images/Anal%20Raj%20Bhattarai(3).bmp" style="float: left; margin: 0px 10px 0px 0px; width: 100px;" /><br /> <br /> <span style="font-size: 16px;"><strong>‘Within a couple of years, we plan to be ranked as one of the top ten commercial banks of Nepal.’</strong></span><br /> Anal Raj Bhattarai, CEO of Commerz and Trust Bank Nepal Limited, sharing his plans for the bank<br /> <br /> <br /> <br /> </p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/Suraj%20Vaidya.bmp" style="float: left; margin: 0px 10px 0px 0px; width: 100px;" />‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</strong></span><br /> <br /> Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)</p>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’', 'sortorder' => '1858', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2007', 'article_category_id' => '51', 'title' => 'Biztoon / Voices January 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="" src="/userfiles/images/biztoon(1).jpg" style="width: 550px; height: 361px; margin-left: 20px; margin-right: 20px;" /></p> <hr /> <p> </p> <div> <span style="font-size: 16px;"><strong><img alt="Baburam Bhattarai" src="/userfiles/images/bb(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 98px;" />‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</strong></span></div> <div> Dr Baburam Bhattarai, Prime Minister, giving a hyperbolic statement about significantly increasing per capita income of Nepal and reducing poverty with the help of cooperatives</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Pradeep Jung Pandey" src="/userfiles/images/pjp(1).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 80px; height: 97px;" />‘The government believes sending youths to foreign employment is a better alternative than improving the industrial environment in the country’</strong></span></div> <div> Pradeep Jung Pandey, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), complaining about the government’s lackadaisical approach to resolve the labour shortage in the industry sector</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>‘Nepal Rastra Bank will intervene if cooperatives do not work in accordance with the true spirit of cooperatives’</strong></span></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank, warning to take action against those cooperatives that do not strictly follow the code of conduct and good governance</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>‘Nepal Electricity Authority is like a leg infected with elephantitis that looks big but limps. That is why electricity shortage is rife in the country’</strong></span></div> <div> Lila Mani Poudel, Chief Secretary, commenting on the inefficiency of Nepal Electricity Authority.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Binod Chaudhary" src="/userfiles/images/bc(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />‘The private sector is being used for vested interests by the state and politics. So, it is not getting enough space in the policy formulation process. 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margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Government is suppressing private sector’s growth.”</strong></span></div> <div> Dr Kamal Raj Dhungel, Professor at Central Department of Economics, Tribhuvan University alleging that the government has not done enough for the growth of the private sector. </div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ichchha Raj Tamang," src="/userfiles/images/irt%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“The government must allow to sell apartments to foreigners too.” </strong></span></div> <div> Ichchha Raj Tamang, President of Nepal Land and Housing Developers’ Association advocating the need to sell apartments to foreigners to give a boost to housing industry.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Barsha Man Pun" src="/userfiles/images/bmp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />“We won’t distress the economy by organising bandhs.”</strong></span></div> <div> Barsha Man Pun, Former Finance Minister and UCPN Maoist Leader promising that his party will not be organising any general strikes and closures that will affect the economy.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Leela Mani Paudyal" src="/userfiles/images/lmp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 98px;" />“Industrialists must be responsible to the society.”</strong></span></div> <div> Leela Mani Paudyal, Chief Secretary, asking entrepreneurs to be accountable and responsible to the society and people.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Prof Dr Bishwambher Pyakuryal" src="/userfiles/images/dbp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; height: 98px; width: 80px;" />“The economy faces the danger of macro-economic shocks.”</strong></span></div> <div> Prof Dr Bishwambher Pyakuryal, Senior Economist predicting what may happen to the economy because of large amount of money injected into the system during second Constituent Assembly Elections.</div>', 'published' => true, 'created' => '2014-01-26', 'modified' => '2014-01-27', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“Government is suppressing private sector’s growth.”', 'sortorder' => '2348', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2499', 'article_category_id' => '51', 'title' => 'Biztoon / Voices December 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/sk%20(Copy)(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“This budget will be fully accepted by the coming government.”</strong></span></div> <div> <strong>Shanker Prasad Koirala,</strong> Minister of Finance, Industry and Commerce and Supplies, assuring that the current fiscal budget will be happily accepted by the new government to be formed after elections. </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/up%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“The Constituent Assembly’s second episode is supposed to trigger economic development.”</strong></span></div> <div> <strong>Upendra Poudyal,</strong> Vice President, of Nepal Bankers’ Association expressing hope that the election would bring in political stability and encourage economic development.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/yk%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Along with implementation of monetary policy, central banks’ roles have extended to stabilising the financial sector and contributing to the national economic development.”</strong></span></div> <div> <strong>Dr Yubaraj Khatiwada,</strong> Governor of Nepal Rastra Bank mentioning that roles of central banks around the world have increased in the post global economic crisis era.</div> <div> </div> <div> </div> <div> <strong style="font-size: 16px;"><img alt="" src="/userfiles/images/sv%20(Copy)(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" /></strong></div> <div> <span style="font-size: 16px;"><strong>“The private sector will defy strikes.”</strong></span></div> <div> <strong>Suraj Vaidya</strong>, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that the private sector will defy any strikes organised by political parties.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/abp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Think prosperity, think welfare and shun strikes.”</strong></span></div> <div> <strong>Ajay Bahadur Pradhanang,</strong> President of Nepal Young Entrepreneur’s Forum (NYEF), suggesting political parties to shun politics and prioritise national priorities and common welfare.</div>', 'published' => true, 'created' => '2014-01-26', 'modified' => '2014-01-27', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“The Constituent Assembly’s second episode is supposed to trigger economic development.”', 'sortorder' => '2346', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '2405', 'article_category_id' => '51', 'title' => 'Biztoon / Voices November 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> </div> <div> <img alt="Bharat Mohan Adhikari, Former Deputy Prime Minister and Finance Minister" src="/userfiles/images/bma.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Ending energy crisis in five years is not an ambitious plan.”</strong></span></div> <div> <strong>Bharat Mohan Adhikari,</strong> Former Deputy Prime Minister and Finance Minister protecting CPN UML’s manifesto from an allegation of being over ambitious and impractical.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Birendra Bahadur Basnet, Managing Director of Buddha Air " src="/userfiles/images/bbb.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“CAAN should not blame ICAO to cover its own incompetence.”</strong></span></div> <div> <strong>Birendra Bahadur Basnet,</strong> Managing Director of Buddha Air commenting on the recent provision on mandatory deposits of Rs 50 million by the regulator, Civil Aviation Authority of Nepal (CAAN).</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Dr Yubaraj Khatiwada, Governor of Nepal Rastra Bank" src="/userfiles/images/dyk.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Nepal’s financial unity with China is a long process and it is not the right time to think about it.”</strong></span></div> <div> <strong>Dr Yubaraj Khatiwada,</strong> Governor of Nepal Rastra Bank stating that there is a long way to go before thinking about currency peg with Chinese Yuan.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Jiba Lamichhane, former President of Non-Resident Nepalese Association" src="/userfiles/images/jl(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Should not expect much from NRNs who are struggling themselves abroad.”</strong></span></div> <div> <strong>Jiba Lamichhane,</strong> former President of Non-Resident Nepalese Association requesting all to lower high hopes on NRNs to make huge investments in the country.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Suresh Pradhan, President of Federation of Nepal Cottage and Small Industries" src="/userfiles/images/sp(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Small entrepreneurs hardly get blacklisted.”</strong></span></div> <div> <strong>Suresh Pradhan,</strong> President of Federation of Nepal Cottage and Small Industries claiming that small and cottage industries have comparatively better track record in loan repayment. </div>', 'published' => true, 'created' => '2014-01-05', 'modified' => '2014-01-05', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => 'Nepal’s financial unity with China is a long process and it is not the right time to think about it.', 'sortorder' => '2247', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '2017', 'article_category_id' => '51', 'title' => 'Biztoon / Voices October 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon October 2013" src="/userfiles/images/biz.jpg" style="width: 550px; height: 371px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <p> </p> <div> <img alt="Shankar Koirala" src="/userfiles/images/sk(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Government is obliged to reduce customs on vehicle imports.”</strong></span></div> <div> <strong>Shankar Koirala,</strong> Finance Minister hinting that the tariff on vehicle imports may come down in the next fiscal year to fulfil the commitment made to World Trade Organisation (WTO) and South Asian Free Trade Agreement (SAFTA).</div> <div> </div> <div> </div> <div> <img alt="Lila Mani Paudel" src="/userfiles/images/lp.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Corruption kills entrepreneurship.”</strong></span></div> <div> <strong>Lila Mani Paudel, </strong>Chief Secretary stating that transparency is the basis for successful enterprise. </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Binod Chaudhary" src="/userfiles/images/bc(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 84px;" /><span style="font-size: 16px;"><strong>“We have to make public commitment for country’s economic development.”</strong></span></div> <div> <strong>Binod Chaudhary, </strong>Chairman of Chaudhary Group emphasizing the need of public commitment for economic prosperity.</div> <div> </div> <div> </div> <div> <img alt="Chhaya Sharma" src="/userfiles/images/cs.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Role of women must be increased in the GDP to uplift the economic growth rate.”</strong></span></div> <div> <strong>Chhaya Sharma,</strong> Chairperson of Women Entrepreneurs Development Committee at FNCCI recommending the method to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> <img alt="Raja Ram Giri" src="/userfiles/images/rg.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Nepal needs urgent reforms, not tourism year gimmick.”</strong></span></div> <div> <strong>Raja Ram Giri, </strong>an NRN based in London and Director of Samsara Nepal Financial Services Ltd stating the need for practical actions for tourism development.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“Government is obliged to reduce customs on vehicle imports.”', 'sortorder' => '1866', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2015', 'article_category_id' => '51', 'title' => 'Biztoon / Voices September 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon September 2013" src="/userfiles/images/Biztoon.jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <hr /> <p> </p> <div> <strong><span style="font-size: 16px;"><img alt="Ratish Chandra Lal Suman, the Director General of Civil Aviation Authority of Nepal (CAAN)" src="/userfiles/images/RCL(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />“Airline companies are not behaving as per the requirement of airline services and now they are calling the new AOCR impractical.”</span></strong></div> <div> Ratish Chandra Lal Suman, the Director General of Civil Aviation Authority of Nepal (CAAN) alleging airlines for not following the parameters for Air Operator Certificate Requirements (AOCR).</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) " src="/userfiles/images/HBS(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />"The low development budget would again lead us to another economic crisis.”</span></strong></div> <div> Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) arguing that the development expenditure of the government for the fiscal year 2013/14 would less likely help to achieve the desired economic growth rate.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Dr Chandra Mani Adhikari, Economist and Chairman of Citizen Investment Trust" src="/userfiles/images/CMA(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />“The capital expenditure must be raised to Rs 400 billion from Rs 60 billion at present.”</span></strong></div> <div> Dr Chandra Mani Adhikari, Economist and Chairman of Citizen Investment Trust suggesting to raise the capital investment in the annual government budget to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Dipak Gyawali, former Minister of Water Resources" src="/userfiles/images/DG(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />“The country needs more entrepreneurs than traders.”</span></strong></div> <div> Dipak Gyawali, former Minister of Water Resources expressing his belief that enterprises, entrepreneurs and industries must be developed to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Krishna Prasad Paudel, an Agriculture Expert" src="/userfiles/images/KPP(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />“Nepali farmers do not understand the agriculture policy drafted in English.”</span></strong></div> <div> Krishna Prasad Paudel, an Agriculture Expert being sarcastic to dependent mentality of government on preparing agriculture policies in English language despite majority farmer’s inability to comprehend English.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“Airline companies are not behaving as per the requirement of airline services and now they are calling the new AOCR impractical.”', 'sortorder' => '1865', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '2014', 'article_category_id' => '51', 'title' => 'Biztoon / Voices August 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="BIZTOON AUGUST 2013" src="/userfiles/images/biztoon(3).jpg" style="width: 550px; height: 372px; margin-right: 20px; margin-left: 20px;" /></p> <p> </p> <p> </p> <div> <strong><span style="font-size: 16px;"><img alt="Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank" src="/userfiles/images/Dr%20Yuba%20Raj%20Khatiwada.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 90px; height: 110px;" />“Increasing the capital base will favour a better future of banks and financial institutions.” </span></strong></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank arguing that the current capital base of banks and financial institutions is not enough for long term financial autonomy and discussions with stakeholders are going on about raising the capital base.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;">“Rent seeking bureaucracy and the private sector in search of protectionism have attacked the Foreign Investment and Technology Transfer Act.” </span></strong></div> <div> Dr Bhola Chalise, former Industry Secretary alleging that the bureaucracy and the private sector are both criticising the act.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;">“Every Nepali must be attached to tourism.” </span></strong></div> <div> Tejendra N Shrestha, President of Restaurant and Bar Association of Nepal pointing out that the general public does not realise that they are directly or indirectly associated with the tourism industry of the country. He says that the tourism sector will help Nepal achieve 7 per cent economic growth.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Jiba Lamichhane, President of Non- Resident Nepali (NRN) Association" src="/userfiles/images/Jiba%20Lamichhane.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 90px; height: 107px;" />“One should not expect much from NRN.” </strong></span></div> <div> Jiba Lamichhane, President of Non- Resident Nepali (NRN) Association saying that NRNs are struggling for being established and it would be wrong to have too much of expectations on them for making investments in Nepal.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Dr Chiranjibi Nepal, Principal Advisor at Ministry of Finance" src="/userfiles/images/Dr%20Chiranjibi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 90px; height: 108px;" />“<span style="font-size: 16px;"><strong>The target of 7 per cent economic growth by 2015 is possible only if the existing government can change some policies as required to expedite capital expenditure.”</strong></span></div> <div> Dr Chiranjibi Nepal, Principal Advisor at Ministry of Finance arguing that the current government can change the policy to expedite capital investment and propel economic growth.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“Rent seeking bureaucracy and the private sector in search of protectionism have attacked the Foreign Investment and Technology Transfer Act.”', 'sortorder' => '1864', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '2012', 'article_category_id' => '51', 'title' => 'Biztoon / VOICES JUNE 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoom June 2013" src="/userfiles/images/fdi.jpg" style="width: 550px; height: 371px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <div> <span style="font-size: 16px;"><strong>“Entrepreneurs should not be threatened to pay taxes.”</strong></span></div> <div> <strong>Jagdish Prasad Rathi,</strong> Chairperson, Tax and Revenue Committee at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) opines that business people and industrialists should be encouraged not threatened to pay taxes.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Radhesh Pant" src="/userfiles/images/rp(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 92px;" />“The private sector is not yet ready to invest in mega projects.”</strong></span></div> <div> <strong>Radhesh Pant,</strong> Chief Executive of Investment Board opines that the Nepali private sector is not yet ready for investing in mega projects proposed by the board.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We are advocating common standards across South Asia.”</strong></span></div> <div> <strong>Vikramjit Singh Sahaney</strong>, President of SAARC Chamber of Commerce and Industry believes that all the commodities traded in the South Asia region should comply to a common standards and standard certificates honoured by all the countries in the region should be issued.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Shankar Prasad Koirala" src="/userfiles/images/spk.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 75px; height: 93px;" />“Private sector support is a must for the full-fledged budget for the next fiscal year.”</strong></span></div> <div> <strong> Shankar Prasad Koirala</strong>, Finance Minister expects the full cooperation from the private sector to the government to bring a full-fledged budget for fiscal year 2013/14.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Gyan Chandra Acharya" src="/userfiles/images/gca.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 91px;" />“Nepal’s economic structure must be changed.”</strong></span></div> <div> <strong>Gyan Chandra Acharya,</strong> Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States at United Nations (UN) believes that the economic structure must be changed to achieve 7 per cent growth.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”</strong></span></div> <div> <strong>Bharat Mohan Adhikari,</strong> Former Finance Minister acknowledges the role of the private sector in achieving high economic growth.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”', 'sortorder' => '1863', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '2011', 'article_category_id' => '51', 'title' => 'Biztoon / Voices May 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon May 2013" src="/userfiles/images/agm.jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <div> <span style="font-size: 16px;"><strong><img alt="Prachanda Man Shrestha" src="/userfiles/images/pms(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 89px;" />“Foreign direct investment must increase in the tourism industry.”</strong></span></div> <div> Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We have been talking of exporting electricity when we are facing severe power crisis.”</strong></span></div> <div> Jagdish Prasad Agrawal, Chairman of Nimbus Group arguing that power must be produced first to meet the national demand before thinking to export it. .</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“The state and the private sector are not rivals.”</strong></span></div> <div> Chhabi Raj Panta, Minister for Physical Infrastructure, Transportation and Urban Development acknowledging the role of the private sector in infrastructure development.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ashoke SJB Rana" src="/userfiles/images/asr.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 75px; height: 91px;" />“Banks need financial instruments for investing in mega projects.”</strong></span></div> <div> Ashoke SJB Rana, CEO of Himalayan Bank Limited pointing out the lack of financial instruments for banks to invest in large projects of national importance.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ratnakar Adhikari" src="/userfiles/images/ra(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 91px;" />“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”</strong></span></div> <div> Ratnakar Adhikari, Chief Executive Director of South Asia Watch on Trade, Economics and Environment (SAWTEE) suggesting to create a special economic zone and enforcing stricter labour laws in such zones to control the ongoing labour unrest.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”', 'sortorder' => '1862', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '2013', 'article_category_id' => '51', 'title' => 'Biztoon / Voices July 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon July 2013" src="/userfiles/images/biztoon.jpg" style="width: 550px; height: 364px; margin-right: 20px; margin-left: 20px;" /></p> <p> </p> <div> <img alt="Siddhant Raj Pandey, CEO of Ace Development Bank" src="/userfiles/images/Siddhant%20Raj%20Pandey.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The government is still doing business despite the adoption of economic liberalisation.” </span></div> <div> </div> <div> Siddhant Raj Pandey, CEO of Ace Development Bank expressing dissatisfaction on the government’s stand to run business. He is of the opinion that liberalisation policy must be further strengthened.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)" src="/userfiles/images/Bhaskar%20Raj%20Rajkarnikar.jpg" style="float: right; margin: 0px 10px 0px 0px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The upcoming budget should be a private sector driven one.” </span></div> <div> </div> <div> Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that budget for the fiscal year 2013/14 should be private sector driven as the delay in past budgets had hit the economy hard.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI)" src="/userfiles/images/Hari%20Bhakta%20Sharma.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.” </span></div> <div> </div> <div> Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) asserting that the foreign investment from Nepal must be scrutinised based on company’s track record and financial capacity.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)" src="/userfiles/images/Ananda%20Raj%20Mulmi.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“If the government can increase its investment by 20-25 per cent, private sector can invest three times more than that.” </span></div> <div> </div> <div> Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) prescribing a way to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies" src="/userfiles/images/Mahesh%20Lal%20Pradhan.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“Nepal’s economic liberalisation was a premature baby.” </span></div> <div> </div> <div> Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies arguing that economic liberalisation in Nepal was not implemented with enough preparations so, the economy is moving through a mess.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.”', 'sortorder' => '1861', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '2010', 'article_category_id' => '51', 'title' => 'Biztoon / Voices April 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="Biztoon April 2013" src="/userfiles/images/cm.jpg" style="width: 550px; margin-left: 20px; margin-right: 20px;" /></div> <div> </div> <div> </div> <div> <hr /> <p> </p> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Suraj Vaidya" src="/userfiles/images/sv(2).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 75px; height: 90px;" />“The private sector must change its perception.”</strong></span></div> <div> Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), voicing the need for the private sector to be more responsible than just being driven by the profit motive.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong>“Capital Flight is fuelled by the government’s failure to implement its decisions.”</strong></span></div> <div> Subodh Kumar Gupta, Vice President of Birgunj Chamber of Commerce and Industry (BCCI) explains that many industries have moved out of the country as the government could not ensure investment friendly policies and environment despite declaring 2012 and 2013 as Nepal Investment Year.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong>“Nepal Telecom Authority has turned into a puppet.”</strong></span></div> <div> Dileep Agrawal, Chairman of World Link Communications Pvt Ltd alleging the regulator of the telecommunication sector working as per the will of political parties and their leaders rather than the need of telecom service providers.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Bhaskar Raj karnikar" src="/userfiles/images/br.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 75px; height: 90px;" />“The term ‘mixed economy’ is still not understood properly.”</strong></span></div> <div> Bhaskar Raj Rajkarnikar, Senior Vice-President of FNCCI complaining the political parties’ decision to opt for mixed economy, after the protest of 2006.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Prithvi Raj Ligal" src="/userfiles/images/pl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 75px; height: 90px;" />“If the current political disputes prolong, it is unimaginable to achieve even 4.1 per cent economic growth.”</strong></span></div> <div> Prithvi Raj Ligal, former Vice Chairman of National Planning Commission raising doubt whether that the Nepal Rastra Bank’s projection of 4.1 per cent growth can be achieved amidst present political uncertainties.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“The private sector must change its perception.”', 'sortorder' => '1860', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2009', 'article_category_id' => '51', 'title' => 'Biztoon / Voices March 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="" src="/userfiles/images/bz.jpg" style="width: 550px; margin-right: 20px; margin-left: 20px; height: 371px;" /></p> <p> </p> <hr /> <p> </p> <div> <div> <span style="font-size: 16px;"><strong><img alt="Rajan Singh Bhandari" src="/userfiles/images/1(4).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />“The liquidity situation must be addressed before the market faces crisis.”</strong></span></div> <div> Rajan Singh Bhandari, President of Nepal Bankers’ Association asking Nepal Rastra Bank to solve the impending liquidity problem before problems appears.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“Seven per cent economic growth is just a daydream unless political impasse can be ended.”</strong></span></div> <div> Deependra Bahadur Kshetry, Vice Chairman of National Planning Commission explaining that high economic growth cannot be achieved amid ongoing political uncertainty.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We should invest 35 per cent of the GDP to achieve seven per cent economic growth.” </strong></span></div> <div> Dr Ram Sharan Mahat, recommending a formula to achieve seven per cent economic growth in Nepal.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Yuba Raj Khatiwada" src="/userfiles/images/2(2).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 80px; height: 97px;" />“Current situation cannot be termed as liquidity crisis.”</strong></span></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank clarifying the heightened worries over the looming liquidity crisis in the banking system. He said that the liquidity ratio in the banks is 29.5 per cent in average.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Radhesh Pant" src="/userfiles/images/3(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 102px;" />“Policy stability is what we need for encouraging both national and foreign investors.”</strong></span></div> <div> Radhesh Pant, Chief Executive Officer of Nepal Investment Board explaining that political impasse is not only the cause of low investment</div> </div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“The liquidity situation must be addressed before the market faces crisis.”', 'sortorder' => '1859', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2008', 'article_category_id' => '51', 'title' => 'Biztoon / Voices February 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon Feb 2013" src="/userfiles/images/bt(1).jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong>‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’</strong></span><br /> <img alt="" src="/userfiles/images/Bharsha%20Man%20Pun.bmp" style="width: 100px; float: left; margin: 0px 10px 0px 0px;" /><br /> Barsha Man Pun, Finance Minister addressing the 48th Anniversary function of Rastriya Banijya Bank exhorting that trade union politics is unnecessary for corporate houses and political interventions are unacceptable in such ompanies.<br /> <br /> </p> <p> </p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong>‘Income from tourism has not increased in the same ratio as the increase in number of tourists.’</strong></span><br /> <br /> Pavitra Kumar Karki, President of Nepal Association of Tour and Travel Agents (NATTA), commenting on the current situation of the tourism industry<br /> <br /> </p> <hr /> <p> <br /> <br /> <span style="font-size: 16px;"><strong>‘At a time when we should be increasing our competitive abilities, we are wasting time on minor issues like locks.’</strong></span><br /> <br /> Arun Kumar Chaudhary, Former President of Nepal-India Chamber of Commerce and Industry commenting on the government’s hesitation to agree to the proposal to apply Indian customs locks on the container of goods from the third countries destined to Nepal from Indian ports.<br /> <br /> </p> <hr /> <p> <img alt="" src="/userfiles/images/Anal%20Raj%20Bhattarai(3).bmp" style="float: left; margin: 0px 10px 0px 0px; width: 100px;" /><br /> <br /> <span style="font-size: 16px;"><strong>‘Within a couple of years, we plan to be ranked as one of the top ten commercial banks of Nepal.’</strong></span><br /> Anal Raj Bhattarai, CEO of Commerz and Trust Bank Nepal Limited, sharing his plans for the bank<br /> <br /> <br /> <br /> </p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/Suraj%20Vaidya.bmp" style="float: left; margin: 0px 10px 0px 0px; width: 100px;" />‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</strong></span><br /> <br /> Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)</p>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’', 'sortorder' => '1858', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2007', 'article_category_id' => '51', 'title' => 'Biztoon / Voices January 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="" src="/userfiles/images/biztoon(1).jpg" style="width: 550px; height: 361px; margin-left: 20px; margin-right: 20px;" /></p> <hr /> <p> </p> <div> <span style="font-size: 16px;"><strong><img alt="Baburam Bhattarai" src="/userfiles/images/bb(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 98px;" />‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</strong></span></div> <div> Dr Baburam Bhattarai, Prime Minister, giving a hyperbolic statement about significantly increasing per capita income of Nepal and reducing poverty with the help of cooperatives</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Pradeep Jung Pandey" src="/userfiles/images/pjp(1).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 80px; height: 97px;" />‘The government believes sending youths to foreign employment is a better alternative than improving the industrial environment in the country’</strong></span></div> <div> Pradeep Jung Pandey, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), complaining about the government’s lackadaisical approach to resolve the labour shortage in the industry sector</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>‘Nepal Rastra Bank will intervene if cooperatives do not work in accordance with the true spirit of cooperatives’</strong></span></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank, warning to take action against those cooperatives that do not strictly follow the code of conduct and good governance</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>‘Nepal Electricity Authority is like a leg infected with elephantitis that looks big but limps. That is why electricity shortage is rife in the country’</strong></span></div> <div> Lila Mani Poudel, Chief Secretary, commenting on the inefficiency of Nepal Electricity Authority.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Binod Chaudhary" src="/userfiles/images/bc(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />‘The private sector is being used for vested interests by the state and politics. So, it is not getting enough space in the policy formulation process. The role of the private sector is becoming less effective and more opportunistic’</strong></span></div> <div> Binod Chaudhary, President of the Confederation of Nepalese Industries, expressing his discontent over the government’s inability to realise the private sector’s role for economic growth.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’', 'sortorder' => '1857', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Government is suppressing private sector’s growth.”</strong></span></div> <div> Dr Kamal Raj Dhungel, Professor at Central Department of Economics, Tribhuvan University alleging that the government has not done enough for the growth of the private sector. </div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ichchha Raj Tamang," src="/userfiles/images/irt%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“The government must allow to sell apartments to foreigners too.” </strong></span></div> <div> Ichchha Raj Tamang, President of Nepal Land and Housing Developers’ Association advocating the need to sell apartments to foreigners to give a boost to housing industry.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Barsha Man Pun" src="/userfiles/images/bmp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />“We won’t distress the economy by organising bandhs.”</strong></span></div> <div> Barsha Man Pun, Former Finance Minister and UCPN Maoist Leader promising that his party will not be organising any general strikes and closures that will affect the economy.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Leela Mani Paudyal" src="/userfiles/images/lmp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 98px;" />“Industrialists must be responsible to the society.”</strong></span></div> <div> Leela Mani Paudyal, Chief Secretary, asking entrepreneurs to be accountable and responsible to the society and people.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Prof Dr Bishwambher Pyakuryal" src="/userfiles/images/dbp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; height: 98px; width: 80px;" />“The economy faces the danger of macro-economic shocks.”</strong></span></div> <div> Prof Dr Bishwambher Pyakuryal, Senior Economist predicting what may happen to the economy because of large amount of money injected into the system during second Constituent Assembly Elections.</div>', 'published' => true, 'created' => '2014-01-26', 'modified' => '2014-01-27', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“Government is suppressing private sector’s growth.”', 'sortorder' => '2348', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2499', 'article_category_id' => '51', 'title' => 'Biztoon / Voices December 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/sk%20(Copy)(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“This budget will be fully accepted by the coming government.”</strong></span></div> <div> <strong>Shanker Prasad Koirala,</strong> Minister of Finance, Industry and Commerce and Supplies, assuring that the current fiscal budget will be happily accepted by the new government to be formed after elections. </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/up%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“The Constituent Assembly’s second episode is supposed to trigger economic development.”</strong></span></div> <div> <strong>Upendra Poudyal,</strong> Vice President, of Nepal Bankers’ Association expressing hope that the election would bring in political stability and encourage economic development.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/yk%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Along with implementation of monetary policy, central banks’ roles have extended to stabilising the financial sector and contributing to the national economic development.”</strong></span></div> <div> <strong>Dr Yubaraj Khatiwada,</strong> Governor of Nepal Rastra Bank mentioning that roles of central banks around the world have increased in the post global economic crisis era.</div> <div> </div> <div> </div> <div> <strong style="font-size: 16px;"><img alt="" src="/userfiles/images/sv%20(Copy)(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" /></strong></div> <div> <span style="font-size: 16px;"><strong>“The private sector will defy strikes.”</strong></span></div> <div> <strong>Suraj Vaidya</strong>, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that the private sector will defy any strikes organised by political parties.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/abp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Think prosperity, think welfare and shun strikes.”</strong></span></div> <div> <strong>Ajay Bahadur Pradhanang,</strong> President of Nepal Young Entrepreneur’s Forum (NYEF), suggesting political parties to shun politics and prioritise national priorities and common welfare.</div>', 'published' => true, 'created' => '2014-01-26', 'modified' => '2014-01-27', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“The Constituent Assembly’s second episode is supposed to trigger economic development.”', 'sortorder' => '2346', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '2405', 'article_category_id' => '51', 'title' => 'Biztoon / Voices November 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> </div> <div> <img alt="Bharat Mohan Adhikari, Former Deputy Prime Minister and Finance Minister" src="/userfiles/images/bma.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Ending energy crisis in five years is not an ambitious plan.”</strong></span></div> <div> <strong>Bharat Mohan Adhikari,</strong> Former Deputy Prime Minister and Finance Minister protecting CPN UML’s manifesto from an allegation of being over ambitious and impractical.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Birendra Bahadur Basnet, Managing Director of Buddha Air " src="/userfiles/images/bbb.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“CAAN should not blame ICAO to cover its own incompetence.”</strong></span></div> <div> <strong>Birendra Bahadur Basnet,</strong> Managing Director of Buddha Air commenting on the recent provision on mandatory deposits of Rs 50 million by the regulator, Civil Aviation Authority of Nepal (CAAN).</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Dr Yubaraj Khatiwada, Governor of Nepal Rastra Bank" src="/userfiles/images/dyk.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Nepal’s financial unity with China is a long process and it is not the right time to think about it.”</strong></span></div> <div> <strong>Dr Yubaraj Khatiwada,</strong> Governor of Nepal Rastra Bank stating that there is a long way to go before thinking about currency peg with Chinese Yuan.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Jiba Lamichhane, former President of Non-Resident Nepalese Association" src="/userfiles/images/jl(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Should not expect much from NRNs who are struggling themselves abroad.”</strong></span></div> <div> <strong>Jiba Lamichhane,</strong> former President of Non-Resident Nepalese Association requesting all to lower high hopes on NRNs to make huge investments in the country.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Suresh Pradhan, President of Federation of Nepal Cottage and Small Industries" src="/userfiles/images/sp(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Small entrepreneurs hardly get blacklisted.”</strong></span></div> <div> <strong>Suresh Pradhan,</strong> President of Federation of Nepal Cottage and Small Industries claiming that small and cottage industries have comparatively better track record in loan repayment. </div>', 'published' => true, 'created' => '2014-01-05', 'modified' => '2014-01-05', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => 'Nepal’s financial unity with China is a long process and it is not the right time to think about it.', 'sortorder' => '2247', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '2017', 'article_category_id' => '51', 'title' => 'Biztoon / Voices October 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon October 2013" src="/userfiles/images/biz.jpg" style="width: 550px; height: 371px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <p> </p> <div> <img alt="Shankar Koirala" src="/userfiles/images/sk(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Government is obliged to reduce customs on vehicle imports.”</strong></span></div> <div> <strong>Shankar Koirala,</strong> Finance Minister hinting that the tariff on vehicle imports may come down in the next fiscal year to fulfil the commitment made to World Trade Organisation (WTO) and South Asian Free Trade Agreement (SAFTA).</div> <div> </div> <div> </div> <div> <img alt="Lila Mani Paudel" src="/userfiles/images/lp.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Corruption kills entrepreneurship.”</strong></span></div> <div> <strong>Lila Mani Paudel, </strong>Chief Secretary stating that transparency is the basis for successful enterprise. </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Binod Chaudhary" src="/userfiles/images/bc(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 84px;" /><span style="font-size: 16px;"><strong>“We have to make public commitment for country’s economic development.”</strong></span></div> <div> <strong>Binod Chaudhary, </strong>Chairman of Chaudhary Group emphasizing the need of public commitment for economic prosperity.</div> <div> </div> <div> </div> <div> <img alt="Chhaya Sharma" src="/userfiles/images/cs.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Role of women must be increased in the GDP to uplift the economic growth rate.”</strong></span></div> <div> <strong>Chhaya Sharma,</strong> Chairperson of Women Entrepreneurs Development Committee at FNCCI recommending the method to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> <img alt="Raja Ram Giri" src="/userfiles/images/rg.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Nepal needs urgent reforms, not tourism year gimmick.”</strong></span></div> <div> <strong>Raja Ram Giri, </strong>an NRN based in London and Director of Samsara Nepal Financial Services Ltd stating the need for practical actions for tourism development.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“Government is obliged to reduce customs on vehicle imports.”', 'sortorder' => '1866', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2015', 'article_category_id' => '51', 'title' => 'Biztoon / Voices September 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon September 2013" src="/userfiles/images/Biztoon.jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <hr /> <p> </p> <div> <strong><span style="font-size: 16px;"><img alt="Ratish Chandra Lal Suman, the Director General of Civil Aviation Authority of Nepal (CAAN)" src="/userfiles/images/RCL(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />“Airline companies are not behaving as per the requirement of airline services and now they are calling the new AOCR impractical.”</span></strong></div> <div> Ratish Chandra Lal Suman, the Director General of Civil Aviation Authority of Nepal (CAAN) alleging airlines for not following the parameters for Air Operator Certificate Requirements (AOCR).</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) " src="/userfiles/images/HBS(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />"The low development budget would again lead us to another economic crisis.”</span></strong></div> <div> Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) arguing that the development expenditure of the government for the fiscal year 2013/14 would less likely help to achieve the desired economic growth rate.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Dr Chandra Mani Adhikari, Economist and Chairman of Citizen Investment Trust" src="/userfiles/images/CMA(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />“The capital expenditure must be raised to Rs 400 billion from Rs 60 billion at present.”</span></strong></div> <div> Dr Chandra Mani Adhikari, Economist and Chairman of Citizen Investment Trust suggesting to raise the capital investment in the annual government budget to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Dipak Gyawali, former Minister of Water Resources" src="/userfiles/images/DG(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />“The country needs more entrepreneurs than traders.”</span></strong></div> <div> Dipak Gyawali, former Minister of Water Resources expressing his belief that enterprises, entrepreneurs and industries must be developed to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Krishna Prasad Paudel, an Agriculture Expert" src="/userfiles/images/KPP(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />“Nepali farmers do not understand the agriculture policy drafted in English.”</span></strong></div> <div> Krishna Prasad Paudel, an Agriculture Expert being sarcastic to dependent mentality of government on preparing agriculture policies in English language despite majority farmer’s inability to comprehend English.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“Airline companies are not behaving as per the requirement of airline services and now they are calling the new AOCR impractical.”', 'sortorder' => '1865', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '2014', 'article_category_id' => '51', 'title' => 'Biztoon / Voices August 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="BIZTOON AUGUST 2013" src="/userfiles/images/biztoon(3).jpg" style="width: 550px; height: 372px; margin-right: 20px; margin-left: 20px;" /></p> <p> </p> <p> </p> <div> <strong><span style="font-size: 16px;"><img alt="Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank" src="/userfiles/images/Dr%20Yuba%20Raj%20Khatiwada.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 90px; height: 110px;" />“Increasing the capital base will favour a better future of banks and financial institutions.” </span></strong></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank arguing that the current capital base of banks and financial institutions is not enough for long term financial autonomy and discussions with stakeholders are going on about raising the capital base.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;">“Rent seeking bureaucracy and the private sector in search of protectionism have attacked the Foreign Investment and Technology Transfer Act.” </span></strong></div> <div> Dr Bhola Chalise, former Industry Secretary alleging that the bureaucracy and the private sector are both criticising the act.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;">“Every Nepali must be attached to tourism.” </span></strong></div> <div> Tejendra N Shrestha, President of Restaurant and Bar Association of Nepal pointing out that the general public does not realise that they are directly or indirectly associated with the tourism industry of the country. He says that the tourism sector will help Nepal achieve 7 per cent economic growth.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Jiba Lamichhane, President of Non- Resident Nepali (NRN) Association" src="/userfiles/images/Jiba%20Lamichhane.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 90px; height: 107px;" />“One should not expect much from NRN.” </strong></span></div> <div> Jiba Lamichhane, President of Non- Resident Nepali (NRN) Association saying that NRNs are struggling for being established and it would be wrong to have too much of expectations on them for making investments in Nepal.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Dr Chiranjibi Nepal, Principal Advisor at Ministry of Finance" src="/userfiles/images/Dr%20Chiranjibi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 90px; height: 108px;" />“<span style="font-size: 16px;"><strong>The target of 7 per cent economic growth by 2015 is possible only if the existing government can change some policies as required to expedite capital expenditure.”</strong></span></div> <div> Dr Chiranjibi Nepal, Principal Advisor at Ministry of Finance arguing that the current government can change the policy to expedite capital investment and propel economic growth.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“Rent seeking bureaucracy and the private sector in search of protectionism have attacked the Foreign Investment and Technology Transfer Act.”', 'sortorder' => '1864', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '2012', 'article_category_id' => '51', 'title' => 'Biztoon / VOICES JUNE 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoom June 2013" src="/userfiles/images/fdi.jpg" style="width: 550px; height: 371px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <div> <span style="font-size: 16px;"><strong>“Entrepreneurs should not be threatened to pay taxes.”</strong></span></div> <div> <strong>Jagdish Prasad Rathi,</strong> Chairperson, Tax and Revenue Committee at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) opines that business people and industrialists should be encouraged not threatened to pay taxes.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Radhesh Pant" src="/userfiles/images/rp(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 92px;" />“The private sector is not yet ready to invest in mega projects.”</strong></span></div> <div> <strong>Radhesh Pant,</strong> Chief Executive of Investment Board opines that the Nepali private sector is not yet ready for investing in mega projects proposed by the board.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We are advocating common standards across South Asia.”</strong></span></div> <div> <strong>Vikramjit Singh Sahaney</strong>, President of SAARC Chamber of Commerce and Industry believes that all the commodities traded in the South Asia region should comply to a common standards and standard certificates honoured by all the countries in the region should be issued.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Shankar Prasad Koirala" src="/userfiles/images/spk.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 75px; height: 93px;" />“Private sector support is a must for the full-fledged budget for the next fiscal year.”</strong></span></div> <div> <strong> Shankar Prasad Koirala</strong>, Finance Minister expects the full cooperation from the private sector to the government to bring a full-fledged budget for fiscal year 2013/14.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Gyan Chandra Acharya" src="/userfiles/images/gca.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 91px;" />“Nepal’s economic structure must be changed.”</strong></span></div> <div> <strong>Gyan Chandra Acharya,</strong> Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States at United Nations (UN) believes that the economic structure must be changed to achieve 7 per cent growth.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”</strong></span></div> <div> <strong>Bharat Mohan Adhikari,</strong> Former Finance Minister acknowledges the role of the private sector in achieving high economic growth.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”', 'sortorder' => '1863', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '2011', 'article_category_id' => '51', 'title' => 'Biztoon / Voices May 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon May 2013" src="/userfiles/images/agm.jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <div> <span style="font-size: 16px;"><strong><img alt="Prachanda Man Shrestha" src="/userfiles/images/pms(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 89px;" />“Foreign direct investment must increase in the tourism industry.”</strong></span></div> <div> Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We have been talking of exporting electricity when we are facing severe power crisis.”</strong></span></div> <div> Jagdish Prasad Agrawal, Chairman of Nimbus Group arguing that power must be produced first to meet the national demand before thinking to export it. .</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“The state and the private sector are not rivals.”</strong></span></div> <div> Chhabi Raj Panta, Minister for Physical Infrastructure, Transportation and Urban Development acknowledging the role of the private sector in infrastructure development.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ashoke SJB Rana" src="/userfiles/images/asr.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 75px; height: 91px;" />“Banks need financial instruments for investing in mega projects.”</strong></span></div> <div> Ashoke SJB Rana, CEO of Himalayan Bank Limited pointing out the lack of financial instruments for banks to invest in large projects of national importance.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ratnakar Adhikari" src="/userfiles/images/ra(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 91px;" />“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”</strong></span></div> <div> Ratnakar Adhikari, Chief Executive Director of South Asia Watch on Trade, Economics and Environment (SAWTEE) suggesting to create a special economic zone and enforcing stricter labour laws in such zones to control the ongoing labour unrest.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”', 'sortorder' => '1862', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '2013', 'article_category_id' => '51', 'title' => 'Biztoon / Voices July 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon July 2013" src="/userfiles/images/biztoon.jpg" style="width: 550px; height: 364px; margin-right: 20px; margin-left: 20px;" /></p> <p> </p> <div> <img alt="Siddhant Raj Pandey, CEO of Ace Development Bank" src="/userfiles/images/Siddhant%20Raj%20Pandey.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The government is still doing business despite the adoption of economic liberalisation.” </span></div> <div> </div> <div> Siddhant Raj Pandey, CEO of Ace Development Bank expressing dissatisfaction on the government’s stand to run business. He is of the opinion that liberalisation policy must be further strengthened.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)" src="/userfiles/images/Bhaskar%20Raj%20Rajkarnikar.jpg" style="float: right; margin: 0px 10px 0px 0px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The upcoming budget should be a private sector driven one.” </span></div> <div> </div> <div> Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that budget for the fiscal year 2013/14 should be private sector driven as the delay in past budgets had hit the economy hard.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI)" src="/userfiles/images/Hari%20Bhakta%20Sharma.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.” </span></div> <div> </div> <div> Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) asserting that the foreign investment from Nepal must be scrutinised based on company’s track record and financial capacity.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)" src="/userfiles/images/Ananda%20Raj%20Mulmi.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“If the government can increase its investment by 20-25 per cent, private sector can invest three times more than that.” </span></div> <div> </div> <div> Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) prescribing a way to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies" src="/userfiles/images/Mahesh%20Lal%20Pradhan.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“Nepal’s economic liberalisation was a premature baby.” </span></div> <div> </div> <div> Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies arguing that economic liberalisation in Nepal was not implemented with enough preparations so, the economy is moving through a mess.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.”', 'sortorder' => '1861', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '2010', 'article_category_id' => '51', 'title' => 'Biztoon / Voices April 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="Biztoon April 2013" src="/userfiles/images/cm.jpg" style="width: 550px; margin-left: 20px; margin-right: 20px;" /></div> <div> </div> <div> </div> <div> <hr /> <p> </p> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Suraj Vaidya" src="/userfiles/images/sv(2).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 75px; height: 90px;" />“The private sector must change its perception.”</strong></span></div> <div> Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), voicing the need for the private sector to be more responsible than just being driven by the profit motive.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong>“Capital Flight is fuelled by the government’s failure to implement its decisions.”</strong></span></div> <div> Subodh Kumar Gupta, Vice President of Birgunj Chamber of Commerce and Industry (BCCI) explains that many industries have moved out of the country as the government could not ensure investment friendly policies and environment despite declaring 2012 and 2013 as Nepal Investment Year.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong>“Nepal Telecom Authority has turned into a puppet.”</strong></span></div> <div> Dileep Agrawal, Chairman of World Link Communications Pvt Ltd alleging the regulator of the telecommunication sector working as per the will of political parties and their leaders rather than the need of telecom service providers.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Bhaskar Raj karnikar" src="/userfiles/images/br.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 75px; height: 90px;" />“The term ‘mixed economy’ is still not understood properly.”</strong></span></div> <div> Bhaskar Raj Rajkarnikar, Senior Vice-President of FNCCI complaining the political parties’ decision to opt for mixed economy, after the protest of 2006.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Prithvi Raj Ligal" src="/userfiles/images/pl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 75px; height: 90px;" />“If the current political disputes prolong, it is unimaginable to achieve even 4.1 per cent economic growth.”</strong></span></div> <div> Prithvi Raj Ligal, former Vice Chairman of National Planning Commission raising doubt whether that the Nepal Rastra Bank’s projection of 4.1 per cent growth can be achieved amidst present political uncertainties.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“The private sector must change its perception.”', 'sortorder' => '1860', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2009', 'article_category_id' => '51', 'title' => 'Biztoon / Voices March 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="" src="/userfiles/images/bz.jpg" style="width: 550px; margin-right: 20px; margin-left: 20px; height: 371px;" /></p> <p> </p> <hr /> <p> </p> <div> <div> <span style="font-size: 16px;"><strong><img alt="Rajan Singh Bhandari" src="/userfiles/images/1(4).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />“The liquidity situation must be addressed before the market faces crisis.”</strong></span></div> <div> Rajan Singh Bhandari, President of Nepal Bankers’ Association asking Nepal Rastra Bank to solve the impending liquidity problem before problems appears.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“Seven per cent economic growth is just a daydream unless political impasse can be ended.”</strong></span></div> <div> Deependra Bahadur Kshetry, Vice Chairman of National Planning Commission explaining that high economic growth cannot be achieved amid ongoing political uncertainty.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We should invest 35 per cent of the GDP to achieve seven per cent economic growth.” </strong></span></div> <div> Dr Ram Sharan Mahat, recommending a formula to achieve seven per cent economic growth in Nepal.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Yuba Raj Khatiwada" src="/userfiles/images/2(2).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 80px; height: 97px;" />“Current situation cannot be termed as liquidity crisis.”</strong></span></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank clarifying the heightened worries over the looming liquidity crisis in the banking system. He said that the liquidity ratio in the banks is 29.5 per cent in average.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Radhesh Pant" src="/userfiles/images/3(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 102px;" />“Policy stability is what we need for encouraging both national and foreign investors.”</strong></span></div> <div> Radhesh Pant, Chief Executive Officer of Nepal Investment Board explaining that political impasse is not only the cause of low investment</div> </div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“The liquidity situation must be addressed before the market faces crisis.”', 'sortorder' => '1859', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2008', 'article_category_id' => '51', 'title' => 'Biztoon / Voices February 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon Feb 2013" src="/userfiles/images/bt(1).jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong>‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’</strong></span><br /> <img alt="" src="/userfiles/images/Bharsha%20Man%20Pun.bmp" style="width: 100px; float: left; margin: 0px 10px 0px 0px;" /><br /> Barsha Man Pun, Finance Minister addressing the 48th Anniversary function of Rastriya Banijya Bank exhorting that trade union politics is unnecessary for corporate houses and political interventions are unacceptable in such ompanies.<br /> <br /> </p> <p> </p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong>‘Income from tourism has not increased in the same ratio as the increase in number of tourists.’</strong></span><br /> <br /> Pavitra Kumar Karki, President of Nepal Association of Tour and Travel Agents (NATTA), commenting on the current situation of the tourism industry<br /> <br /> </p> <hr /> <p> <br /> <br /> <span style="font-size: 16px;"><strong>‘At a time when we should be increasing our competitive abilities, we are wasting time on minor issues like locks.’</strong></span><br /> <br /> Arun Kumar Chaudhary, Former President of Nepal-India Chamber of Commerce and Industry commenting on the government’s hesitation to agree to the proposal to apply Indian customs locks on the container of goods from the third countries destined to Nepal from Indian ports.<br /> <br /> </p> <hr /> <p> <img alt="" src="/userfiles/images/Anal%20Raj%20Bhattarai(3).bmp" style="float: left; margin: 0px 10px 0px 0px; width: 100px;" /><br /> <br /> <span style="font-size: 16px;"><strong>‘Within a couple of years, we plan to be ranked as one of the top ten commercial banks of Nepal.’</strong></span><br /> Anal Raj Bhattarai, CEO of Commerz and Trust Bank Nepal Limited, sharing his plans for the bank<br /> <br /> <br /> <br /> </p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/Suraj%20Vaidya.bmp" style="float: left; margin: 0px 10px 0px 0px; width: 100px;" />‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</strong></span><br /> <br /> Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)</p>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’', 'sortorder' => '1858', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2007', 'article_category_id' => '51', 'title' => 'Biztoon / Voices January 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="" src="/userfiles/images/biztoon(1).jpg" style="width: 550px; height: 361px; margin-left: 20px; margin-right: 20px;" /></p> <hr /> <p> </p> <div> <span style="font-size: 16px;"><strong><img alt="Baburam Bhattarai" src="/userfiles/images/bb(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 98px;" />‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</strong></span></div> <div> Dr Baburam Bhattarai, Prime Minister, giving a hyperbolic statement about significantly increasing per capita income of Nepal and reducing poverty with the help of cooperatives</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Pradeep Jung Pandey" src="/userfiles/images/pjp(1).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 80px; height: 97px;" />‘The government believes sending youths to foreign employment is a better alternative than improving the industrial environment in the country’</strong></span></div> <div> Pradeep Jung Pandey, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), complaining about the government’s lackadaisical approach to resolve the labour shortage in the industry sector</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>‘Nepal Rastra Bank will intervene if cooperatives do not work in accordance with the true spirit of cooperatives’</strong></span></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank, warning to take action against those cooperatives that do not strictly follow the code of conduct and good governance</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>‘Nepal Electricity Authority is like a leg infected with elephantitis that looks big but limps. That is why electricity shortage is rife in the country’</strong></span></div> <div> Lila Mani Poudel, Chief Secretary, commenting on the inefficiency of Nepal Electricity Authority.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Binod Chaudhary" src="/userfiles/images/bc(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />‘The private sector is being used for vested interests by the state and politics. So, it is not getting enough space in the policy formulation process. The role of the private sector is becoming less effective and more opportunistic’</strong></span></div> <div> Binod Chaudhary, President of the Confederation of Nepalese Industries, expressing his discontent over the government’s inability to realise the private sector’s role for economic growth.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’', 'sortorder' => '1857', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Government is suppressing private sector’s growth.”</strong></span></div> <div> Dr Kamal Raj Dhungel, Professor at Central Department of Economics, Tribhuvan University alleging that the government has not done enough for the growth of the private sector. </div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ichchha Raj Tamang," src="/userfiles/images/irt%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“The government must allow to sell apartments to foreigners too.” </strong></span></div> <div> Ichchha Raj Tamang, President of Nepal Land and Housing Developers’ Association advocating the need to sell apartments to foreigners to give a boost to housing industry.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Barsha Man Pun" src="/userfiles/images/bmp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />“We won’t distress the economy by organising bandhs.”</strong></span></div> <div> Barsha Man Pun, Former Finance Minister and UCPN Maoist Leader promising that his party will not be organising any general strikes and closures that will affect the economy.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Leela Mani Paudyal" src="/userfiles/images/lmp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 98px;" />“Industrialists must be responsible to the society.”</strong></span></div> <div> Leela Mani Paudyal, Chief Secretary, asking entrepreneurs to be accountable and responsible to the society and people.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Prof Dr Bishwambher Pyakuryal" src="/userfiles/images/dbp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; height: 98px; width: 80px;" />“The economy faces the danger of macro-economic shocks.”</strong></span></div> <div> Prof Dr Bishwambher Pyakuryal, Senior Economist predicting what may happen to the economy because of large amount of money injected into the system during second Constituent Assembly Elections.</div>', 'published' => true, 'created' => '2014-01-26', 'modified' => '2014-01-27', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“Government is suppressing private sector’s growth.”', 'sortorder' => '2348', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2499', 'article_category_id' => '51', 'title' => 'Biztoon / Voices December 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/sk%20(Copy)(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“This budget will be fully accepted by the coming government.”</strong></span></div> <div> <strong>Shanker Prasad Koirala,</strong> Minister of Finance, Industry and Commerce and Supplies, assuring that the current fiscal budget will be happily accepted by the new government to be formed after elections. </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/up%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“The Constituent Assembly’s second episode is supposed to trigger economic development.”</strong></span></div> <div> <strong>Upendra Poudyal,</strong> Vice President, of Nepal Bankers’ Association expressing hope that the election would bring in political stability and encourage economic development.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/yk%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Along with implementation of monetary policy, central banks’ roles have extended to stabilising the financial sector and contributing to the national economic development.”</strong></span></div> <div> <strong>Dr Yubaraj Khatiwada,</strong> Governor of Nepal Rastra Bank mentioning that roles of central banks around the world have increased in the post global economic crisis era.</div> <div> </div> <div> </div> <div> <strong style="font-size: 16px;"><img alt="" src="/userfiles/images/sv%20(Copy)(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" /></strong></div> <div> <span style="font-size: 16px;"><strong>“The private sector will defy strikes.”</strong></span></div> <div> <strong>Suraj Vaidya</strong>, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that the private sector will defy any strikes organised by political parties.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/abp%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 97px;" />“Think prosperity, think welfare and shun strikes.”</strong></span></div> <div> <strong>Ajay Bahadur Pradhanang,</strong> President of Nepal Young Entrepreneur’s Forum (NYEF), suggesting political parties to shun politics and prioritise national priorities and common welfare.</div>', 'published' => true, 'created' => '2014-01-26', 'modified' => '2014-01-27', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“The Constituent Assembly’s second episode is supposed to trigger economic development.”', 'sortorder' => '2346', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '2405', 'article_category_id' => '51', 'title' => 'Biztoon / Voices November 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> </div> <div> <img alt="Bharat Mohan Adhikari, Former Deputy Prime Minister and Finance Minister" src="/userfiles/images/bma.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Ending energy crisis in five years is not an ambitious plan.”</strong></span></div> <div> <strong>Bharat Mohan Adhikari,</strong> Former Deputy Prime Minister and Finance Minister protecting CPN UML’s manifesto from an allegation of being over ambitious and impractical.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Birendra Bahadur Basnet, Managing Director of Buddha Air " src="/userfiles/images/bbb.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“CAAN should not blame ICAO to cover its own incompetence.”</strong></span></div> <div> <strong>Birendra Bahadur Basnet,</strong> Managing Director of Buddha Air commenting on the recent provision on mandatory deposits of Rs 50 million by the regulator, Civil Aviation Authority of Nepal (CAAN).</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Dr Yubaraj Khatiwada, Governor of Nepal Rastra Bank" src="/userfiles/images/dyk.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Nepal’s financial unity with China is a long process and it is not the right time to think about it.”</strong></span></div> <div> <strong>Dr Yubaraj Khatiwada,</strong> Governor of Nepal Rastra Bank stating that there is a long way to go before thinking about currency peg with Chinese Yuan.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Jiba Lamichhane, former President of Non-Resident Nepalese Association" src="/userfiles/images/jl(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Should not expect much from NRNs who are struggling themselves abroad.”</strong></span></div> <div> <strong>Jiba Lamichhane,</strong> former President of Non-Resident Nepalese Association requesting all to lower high hopes on NRNs to make huge investments in the country.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Suresh Pradhan, President of Federation of Nepal Cottage and Small Industries" src="/userfiles/images/sp(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Small entrepreneurs hardly get blacklisted.”</strong></span></div> <div> <strong>Suresh Pradhan,</strong> President of Federation of Nepal Cottage and Small Industries claiming that small and cottage industries have comparatively better track record in loan repayment. </div>', 'published' => true, 'created' => '2014-01-05', 'modified' => '2014-01-05', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => 'Nepal’s financial unity with China is a long process and it is not the right time to think about it.', 'sortorder' => '2247', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '2017', 'article_category_id' => '51', 'title' => 'Biztoon / Voices October 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon October 2013" src="/userfiles/images/biz.jpg" style="width: 550px; height: 371px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <p> </p> <div> <img alt="Shankar Koirala" src="/userfiles/images/sk(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Government is obliged to reduce customs on vehicle imports.”</strong></span></div> <div> <strong>Shankar Koirala,</strong> Finance Minister hinting that the tariff on vehicle imports may come down in the next fiscal year to fulfil the commitment made to World Trade Organisation (WTO) and South Asian Free Trade Agreement (SAFTA).</div> <div> </div> <div> </div> <div> <img alt="Lila Mani Paudel" src="/userfiles/images/lp.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Corruption kills entrepreneurship.”</strong></span></div> <div> <strong>Lila Mani Paudel, </strong>Chief Secretary stating that transparency is the basis for successful enterprise. </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Binod Chaudhary" src="/userfiles/images/bc(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 84px;" /><span style="font-size: 16px;"><strong>“We have to make public commitment for country’s economic development.”</strong></span></div> <div> <strong>Binod Chaudhary, </strong>Chairman of Chaudhary Group emphasizing the need of public commitment for economic prosperity.</div> <div> </div> <div> </div> <div> <img alt="Chhaya Sharma" src="/userfiles/images/cs.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 83px;" /><span style="font-size: 16px;"><strong>“Role of women must be increased in the GDP to uplift the economic growth rate.”</strong></span></div> <div> <strong>Chhaya Sharma,</strong> Chairperson of Women Entrepreneurs Development Committee at FNCCI recommending the method to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> <img alt="Raja Ram Giri" src="/userfiles/images/rg.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 70px; height: 85px;" /><span style="font-size: 16px;"><strong>“Nepal needs urgent reforms, not tourism year gimmick.”</strong></span></div> <div> <strong>Raja Ram Giri, </strong>an NRN based in London and Director of Samsara Nepal Financial Services Ltd stating the need for practical actions for tourism development.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“Government is obliged to reduce customs on vehicle imports.”', 'sortorder' => '1866', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2015', 'article_category_id' => '51', 'title' => 'Biztoon / Voices September 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon September 2013" src="/userfiles/images/Biztoon.jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <hr /> <p> </p> <div> <strong><span style="font-size: 16px;"><img alt="Ratish Chandra Lal Suman, the Director General of Civil Aviation Authority of Nepal (CAAN)" src="/userfiles/images/RCL(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />“Airline companies are not behaving as per the requirement of airline services and now they are calling the new AOCR impractical.”</span></strong></div> <div> Ratish Chandra Lal Suman, the Director General of Civil Aviation Authority of Nepal (CAAN) alleging airlines for not following the parameters for Air Operator Certificate Requirements (AOCR).</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) " src="/userfiles/images/HBS(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />"The low development budget would again lead us to another economic crisis.”</span></strong></div> <div> Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) arguing that the development expenditure of the government for the fiscal year 2013/14 would less likely help to achieve the desired economic growth rate.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Dr Chandra Mani Adhikari, Economist and Chairman of Citizen Investment Trust" src="/userfiles/images/CMA(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />“The capital expenditure must be raised to Rs 400 billion from Rs 60 billion at present.”</span></strong></div> <div> Dr Chandra Mani Adhikari, Economist and Chairman of Citizen Investment Trust suggesting to raise the capital investment in the annual government budget to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Dipak Gyawali, former Minister of Water Resources" src="/userfiles/images/DG(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />“The country needs more entrepreneurs than traders.”</span></strong></div> <div> Dipak Gyawali, former Minister of Water Resources expressing his belief that enterprises, entrepreneurs and industries must be developed to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;"><img alt="Krishna Prasad Paudel, an Agriculture Expert" src="/userfiles/images/KPP(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 83px; height: 100px;" />“Nepali farmers do not understand the agriculture policy drafted in English.”</span></strong></div> <div> Krishna Prasad Paudel, an Agriculture Expert being sarcastic to dependent mentality of government on preparing agriculture policies in English language despite majority farmer’s inability to comprehend English.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“Airline companies are not behaving as per the requirement of airline services and now they are calling the new AOCR impractical.”', 'sortorder' => '1865', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '2014', 'article_category_id' => '51', 'title' => 'Biztoon / Voices August 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="BIZTOON AUGUST 2013" src="/userfiles/images/biztoon(3).jpg" style="width: 550px; height: 372px; margin-right: 20px; margin-left: 20px;" /></p> <p> </p> <p> </p> <div> <strong><span style="font-size: 16px;"><img alt="Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank" src="/userfiles/images/Dr%20Yuba%20Raj%20Khatiwada.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 90px; height: 110px;" />“Increasing the capital base will favour a better future of banks and financial institutions.” </span></strong></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank arguing that the current capital base of banks and financial institutions is not enough for long term financial autonomy and discussions with stakeholders are going on about raising the capital base.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;">“Rent seeking bureaucracy and the private sector in search of protectionism have attacked the Foreign Investment and Technology Transfer Act.” </span></strong></div> <div> Dr Bhola Chalise, former Industry Secretary alleging that the bureaucracy and the private sector are both criticising the act.</div> <div> </div> <div> </div> <div> <strong><span style="font-size: 16px;">“Every Nepali must be attached to tourism.” </span></strong></div> <div> Tejendra N Shrestha, President of Restaurant and Bar Association of Nepal pointing out that the general public does not realise that they are directly or indirectly associated with the tourism industry of the country. He says that the tourism sector will help Nepal achieve 7 per cent economic growth.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Jiba Lamichhane, President of Non- Resident Nepali (NRN) Association" src="/userfiles/images/Jiba%20Lamichhane.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 90px; height: 107px;" />“One should not expect much from NRN.” </strong></span></div> <div> Jiba Lamichhane, President of Non- Resident Nepali (NRN) Association saying that NRNs are struggling for being established and it would be wrong to have too much of expectations on them for making investments in Nepal.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Dr Chiranjibi Nepal, Principal Advisor at Ministry of Finance" src="/userfiles/images/Dr%20Chiranjibi.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 90px; height: 108px;" />“<span style="font-size: 16px;"><strong>The target of 7 per cent economic growth by 2015 is possible only if the existing government can change some policies as required to expedite capital expenditure.”</strong></span></div> <div> Dr Chiranjibi Nepal, Principal Advisor at Ministry of Finance arguing that the current government can change the policy to expedite capital investment and propel economic growth.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“Rent seeking bureaucracy and the private sector in search of protectionism have attacked the Foreign Investment and Technology Transfer Act.”', 'sortorder' => '1864', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '2012', 'article_category_id' => '51', 'title' => 'Biztoon / VOICES JUNE 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoom June 2013" src="/userfiles/images/fdi.jpg" style="width: 550px; height: 371px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <div> <span style="font-size: 16px;"><strong>“Entrepreneurs should not be threatened to pay taxes.”</strong></span></div> <div> <strong>Jagdish Prasad Rathi,</strong> Chairperson, Tax and Revenue Committee at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) opines that business people and industrialists should be encouraged not threatened to pay taxes.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Radhesh Pant" src="/userfiles/images/rp(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 92px;" />“The private sector is not yet ready to invest in mega projects.”</strong></span></div> <div> <strong>Radhesh Pant,</strong> Chief Executive of Investment Board opines that the Nepali private sector is not yet ready for investing in mega projects proposed by the board.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We are advocating common standards across South Asia.”</strong></span></div> <div> <strong>Vikramjit Singh Sahaney</strong>, President of SAARC Chamber of Commerce and Industry believes that all the commodities traded in the South Asia region should comply to a common standards and standard certificates honoured by all the countries in the region should be issued.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Shankar Prasad Koirala" src="/userfiles/images/spk.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 75px; height: 93px;" />“Private sector support is a must for the full-fledged budget for the next fiscal year.”</strong></span></div> <div> <strong> Shankar Prasad Koirala</strong>, Finance Minister expects the full cooperation from the private sector to the government to bring a full-fledged budget for fiscal year 2013/14.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Gyan Chandra Acharya" src="/userfiles/images/gca.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 91px;" />“Nepal’s economic structure must be changed.”</strong></span></div> <div> <strong>Gyan Chandra Acharya,</strong> Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States at United Nations (UN) believes that the economic structure must be changed to achieve 7 per cent growth.</div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”</strong></span></div> <div> <strong>Bharat Mohan Adhikari,</strong> Former Finance Minister acknowledges the role of the private sector in achieving high economic growth.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”', 'sortorder' => '1863', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '2011', 'article_category_id' => '51', 'title' => 'Biztoon / Voices May 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon May 2013" src="/userfiles/images/agm.jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <div> <span style="font-size: 16px;"><strong><img alt="Prachanda Man Shrestha" src="/userfiles/images/pms(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 89px;" />“Foreign direct investment must increase in the tourism industry.”</strong></span></div> <div> Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We have been talking of exporting electricity when we are facing severe power crisis.”</strong></span></div> <div> Jagdish Prasad Agrawal, Chairman of Nimbus Group arguing that power must be produced first to meet the national demand before thinking to export it. .</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“The state and the private sector are not rivals.”</strong></span></div> <div> Chhabi Raj Panta, Minister for Physical Infrastructure, Transportation and Urban Development acknowledging the role of the private sector in infrastructure development.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ashoke SJB Rana" src="/userfiles/images/asr.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 75px; height: 91px;" />“Banks need financial instruments for investing in mega projects.”</strong></span></div> <div> Ashoke SJB Rana, CEO of Himalayan Bank Limited pointing out the lack of financial instruments for banks to invest in large projects of national importance.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Ratnakar Adhikari" src="/userfiles/images/ra(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 75px; height: 91px;" />“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”</strong></span></div> <div> Ratnakar Adhikari, Chief Executive Director of South Asia Watch on Trade, Economics and Environment (SAWTEE) suggesting to create a special economic zone and enforcing stricter labour laws in such zones to control the ongoing labour unrest.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”', 'sortorder' => '1862', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '2013', 'article_category_id' => '51', 'title' => 'Biztoon / Voices July 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon July 2013" src="/userfiles/images/biztoon.jpg" style="width: 550px; height: 364px; margin-right: 20px; margin-left: 20px;" /></p> <p> </p> <div> <img alt="Siddhant Raj Pandey, CEO of Ace Development Bank" src="/userfiles/images/Siddhant%20Raj%20Pandey.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The government is still doing business despite the adoption of economic liberalisation.” </span></div> <div> </div> <div> Siddhant Raj Pandey, CEO of Ace Development Bank expressing dissatisfaction on the government’s stand to run business. He is of the opinion that liberalisation policy must be further strengthened.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)" src="/userfiles/images/Bhaskar%20Raj%20Rajkarnikar.jpg" style="float: right; margin: 0px 10px 0px 0px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The upcoming budget should be a private sector driven one.” </span></div> <div> </div> <div> Bhaskar Raj Rajkarnikar, Senior Vice-President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stating that budget for the fiscal year 2013/14 should be private sector driven as the delay in past budgets had hit the economy hard.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div> <img alt="Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI)" src="/userfiles/images/Hari%20Bhakta%20Sharma.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.” </span></div> <div> </div> <div> Hari Bhakta Sharma, Vice President of Confederation of Nepalese Industries (CNI) asserting that the foreign investment from Nepal must be scrutinised based on company’s track record and financial capacity.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)" src="/userfiles/images/Ananda%20Raj%20Mulmi.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“If the government can increase its investment by 20-25 per cent, private sector can invest three times more than that.” </span></div> <div> </div> <div> Ananda Raj Mulmi, Former President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) prescribing a way to achieve seven per cent economic growth.</div> <div> </div> <div> </div> <div> </div> <div> <img alt="Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies" src="/userfiles/images/Mahesh%20Lal%20Pradhan.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 100px; height: 100px;" /></div> <div> <span style="font-size: 18px;">“Nepal’s economic liberalisation was a premature baby.” </span></div> <div> </div> <div> Mahesh Lal Pradhan, former Minister of Industries, Commerce and Supplies arguing that economic liberalisation in Nepal was not implemented with enough preparations so, the economy is moving through a mess.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“The private sector proposal to allow Nepalis to invest in foreign countries does not mean that everyone who has enough money should be allowed to do so.”', 'sortorder' => '1861', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '2010', 'article_category_id' => '51', 'title' => 'Biztoon / Voices April 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="Biztoon April 2013" src="/userfiles/images/cm.jpg" style="width: 550px; margin-left: 20px; margin-right: 20px;" /></div> <div> </div> <div> </div> <div> <hr /> <p> </p> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Suraj Vaidya" src="/userfiles/images/sv(2).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 75px; height: 90px;" />“The private sector must change its perception.”</strong></span></div> <div> Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), voicing the need for the private sector to be more responsible than just being driven by the profit motive.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong>“Capital Flight is fuelled by the government’s failure to implement its decisions.”</strong></span></div> <div> Subodh Kumar Gupta, Vice President of Birgunj Chamber of Commerce and Industry (BCCI) explains that many industries have moved out of the country as the government could not ensure investment friendly policies and environment despite declaring 2012 and 2013 as Nepal Investment Year.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong>“Nepal Telecom Authority has turned into a puppet.”</strong></span></div> <div> Dileep Agrawal, Chairman of World Link Communications Pvt Ltd alleging the regulator of the telecommunication sector working as per the will of political parties and their leaders rather than the need of telecom service providers.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Bhaskar Raj karnikar" src="/userfiles/images/br.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 75px; height: 90px;" />“The term ‘mixed economy’ is still not understood properly.”</strong></span></div> <div> Bhaskar Raj Rajkarnikar, Senior Vice-President of FNCCI complaining the political parties’ decision to opt for mixed economy, after the protest of 2006.</div> <div> </div> <div> </div> <div> <span style="font-size:16px;"><strong><img alt="Prithvi Raj Ligal" src="/userfiles/images/pl.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 75px; height: 90px;" />“If the current political disputes prolong, it is unimaginable to achieve even 4.1 per cent economic growth.”</strong></span></div> <div> Prithvi Raj Ligal, former Vice Chairman of National Planning Commission raising doubt whether that the Nepal Rastra Bank’s projection of 4.1 per cent growth can be achieved amidst present political uncertainties.</div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age biztoon or voices news & articles, biztoon or voices news & articles from new business age nepal, biztoon or voices headlines from nepal, current and latest biztoon or voices news from nepal, economic news from nepal, nepali biztoon or voices economic news and events, ongoing bizt', 'description' => '“The private sector must change its perception.”', 'sortorder' => '1860', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2009', 'article_category_id' => '51', 'title' => 'Biztoon / Voices March 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="" src="/userfiles/images/bz.jpg" style="width: 550px; margin-right: 20px; margin-left: 20px; height: 371px;" /></p> <p> </p> <hr /> <p> </p> <div> <div> <span style="font-size: 16px;"><strong><img alt="Rajan Singh Bhandari" src="/userfiles/images/1(4).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />“The liquidity situation must be addressed before the market faces crisis.”</strong></span></div> <div> Rajan Singh Bhandari, President of Nepal Bankers’ Association asking Nepal Rastra Bank to solve the impending liquidity problem before problems appears.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“Seven per cent economic growth is just a daydream unless political impasse can be ended.”</strong></span></div> <div> Deependra Bahadur Kshetry, Vice Chairman of National Planning Commission explaining that high economic growth cannot be achieved amid ongoing political uncertainty.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>“We should invest 35 per cent of the GDP to achieve seven per cent economic growth.” </strong></span></div> <div> Dr Ram Sharan Mahat, recommending a formula to achieve seven per cent economic growth in Nepal.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Yuba Raj Khatiwada" src="/userfiles/images/2(2).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 80px; height: 97px;" />“Current situation cannot be termed as liquidity crisis.”</strong></span></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank clarifying the heightened worries over the looming liquidity crisis in the banking system. He said that the liquidity ratio in the banks is 29.5 per cent in average.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Radhesh Pant" src="/userfiles/images/3(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 102px;" />“Policy stability is what we need for encouraging both national and foreign investors.”</strong></span></div> <div> Radhesh Pant, Chief Executive Officer of Nepal Investment Board explaining that political impasse is not only the cause of low investment</div> </div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '“The liquidity situation must be addressed before the market faces crisis.”', 'sortorder' => '1859', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2008', 'article_category_id' => '51', 'title' => 'Biztoon / Voices February 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="Biztoon Feb 2013" src="/userfiles/images/bt(1).jpg" style="width: 550px; height: 372px; margin-left: 20px; margin-right: 20px;" /></p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong>‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’</strong></span><br /> <img alt="" src="/userfiles/images/Bharsha%20Man%20Pun.bmp" style="width: 100px; float: left; margin: 0px 10px 0px 0px;" /><br /> Barsha Man Pun, Finance Minister addressing the 48th Anniversary function of Rastriya Banijya Bank exhorting that trade union politics is unnecessary for corporate houses and political interventions are unacceptable in such ompanies.<br /> <br /> </p> <p> </p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong>‘Income from tourism has not increased in the same ratio as the increase in number of tourists.’</strong></span><br /> <br /> Pavitra Kumar Karki, President of Nepal Association of Tour and Travel Agents (NATTA), commenting on the current situation of the tourism industry<br /> <br /> </p> <hr /> <p> <br /> <br /> <span style="font-size: 16px;"><strong>‘At a time when we should be increasing our competitive abilities, we are wasting time on minor issues like locks.’</strong></span><br /> <br /> Arun Kumar Chaudhary, Former President of Nepal-India Chamber of Commerce and Industry commenting on the government’s hesitation to agree to the proposal to apply Indian customs locks on the container of goods from the third countries destined to Nepal from Indian ports.<br /> <br /> </p> <hr /> <p> <img alt="" src="/userfiles/images/Anal%20Raj%20Bhattarai(3).bmp" style="float: left; margin: 0px 10px 0px 0px; width: 100px;" /><br /> <br /> <span style="font-size: 16px;"><strong>‘Within a couple of years, we plan to be ranked as one of the top ten commercial banks of Nepal.’</strong></span><br /> Anal Raj Bhattarai, CEO of Commerz and Trust Bank Nepal Limited, sharing his plans for the bank<br /> <br /> <br /> <br /> </p> <p> </p> <hr /> <p> </p> <p> <span style="font-size: 16px;"><strong><img alt="" src="/userfiles/images/Suraj%20Vaidya.bmp" style="float: left; margin: 0px 10px 0px 0px; width: 100px;" />‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</strong></span><br /> <br /> Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)</p>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’', 'sortorder' => '1858', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2007', 'article_category_id' => '51', 'title' => 'Biztoon / Voices January 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img alt="" src="/userfiles/images/biztoon(1).jpg" style="width: 550px; height: 361px; margin-left: 20px; margin-right: 20px;" /></p> <hr /> <p> </p> <div> <span style="font-size: 16px;"><strong><img alt="Baburam Bhattarai" src="/userfiles/images/bb(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 98px;" />‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</strong></span></div> <div> Dr Baburam Bhattarai, Prime Minister, giving a hyperbolic statement about significantly increasing per capita income of Nepal and reducing poverty with the help of cooperatives</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Pradeep Jung Pandey" src="/userfiles/images/pjp(1).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 80px; height: 97px;" />‘The government believes sending youths to foreign employment is a better alternative than improving the industrial environment in the country’</strong></span></div> <div> Pradeep Jung Pandey, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), complaining about the government’s lackadaisical approach to resolve the labour shortage in the industry sector</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>‘Nepal Rastra Bank will intervene if cooperatives do not work in accordance with the true spirit of cooperatives’</strong></span></div> <div> Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank, warning to take action against those cooperatives that do not strictly follow the code of conduct and good governance</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong>‘Nepal Electricity Authority is like a leg infected with elephantitis that looks big but limps. That is why electricity shortage is rife in the country’</strong></span></div> <div> Lila Mani Poudel, Chief Secretary, commenting on the inefficiency of Nepal Electricity Authority.</div> <div> </div> <div> </div> <div> <span style="font-size: 16px;"><strong><img alt="Binod Chaudhary" src="/userfiles/images/bc(1).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 80px; height: 94px;" />‘The private sector is being used for vested interests by the state and politics. So, it is not getting enough space in the policy formulation process. The role of the private sector is becoming less effective and more opportunistic’</strong></span></div> <div> Binod Chaudhary, President of the Confederation of Nepalese Industries, expressing his discontent over the government’s inability to realise the private sector’s role for economic growth.</div> <div> </div>', 'published' => true, 'created' => '2013-10-23', 'modified' => '2013-10-23', 'keywords' => 'new business age voices news & articles, voices news & articles from new business age nepal, voices headlines from nepal, current and latest voices news from nepal, economic news from nepal, nepali voices economic news and events, ongoing voices news of nepal', 'description' => '‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’', 'sortorder' => '1857', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
