Nepal Chamber of Commerce expresses concern over recent bomb attacks targetting Ncell

Published On: February 26, 2019 02:24 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Feb 26: Nepal Chamber of Commerce (NCC) has expressed serious concern over the recent bomb attacks targeting Ncell office and telecommunication towers across the country including one in Lalitpur which killed one person and injured two others.

In a press statement after its Central Working Committee on Tuesday, the NCC urged the government to bring the perpetrators involved in the attack to book and ensure the public security.  

In another context, the NCC urged the government take initiatives to bring down the banking interest rates.

"The government has been urging the private sector to increase investment and which is also the desire of the private sector. However, the unexpected interest rates by the banks has terrorized the entrepreneurs while forcing them to stop the investment," the NCC said in the statement.

The NCC has stated that the recent review of the monetary policy was also not enough in addressing the issue of interest rates raised by the banks.

As the government is gearing up to hold the Nepal Investment Summit 2019, the NCC suggested the government to introduce new legislations and bring reforms in the existing laws to promote the foreign direct investment in the country. In its statement, the NCC stressed the need to regulate social media in Nepal.






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