KATHMANDU, Jan 30: The government has prepared for re-operation of four industries which have been closed for a long time. Prime Minister Pushpa Kamal Dahal has discussed with the Ministry of Industry, Commerce and Supplies about the re-operation of the industries.

KATHMANDU, Jan 23: The Nepal Electricity Authority (NEA) disconnected power lines to various industries on December 19, last year, disrupting regular operations for 22 days. This sudden power cut, amid the country's economic downturn, has created additional challenges, leading to significant losses incurred by both the government and industrialists.

KATHMANDU, Jan 10: The government has asked the Nepal Electricity Authority (NEA) to resume electricity supply to the manufacturers who faced action for refusing to clear the electricity dues of the controversial dedicated feeders and trunk lines.

KATHMANDU, Dec 30: The Nepal Electricity Authority (NEA) has intensified its efforts to address outstanding payments by disconnecting power supply to an additional 14 industries that had previously utilised electricity from dedicated feeders and trunk lines but failed to fulfil their financial obligations, including fees and premiums.

BIRGUNJ, Dec 27: Employees at Jagdamba Steel, Triveni Spinning Mill, and Hulas Steels in Simra, Bara, staged a protest against the Nepal Electricity Authority (NEA) for cutting off power lines.

KATHMANDU, Dec 26: The dispute between the Nepal Electricity Authority (NEA) and industrialists, over the issue of the dues on dedicated and trunk lines, has mounted after the power utility cut electricity supply to nine manufacturers in the past few days.

In the wake of the recent power struggle between the Nepal Electricity Authority (NEA) and industrialists leading to the halt of electricity supply to nine industries, the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has stepped forward with a sensible proposal that deserves immediate attention from the government.

KATHMANDU, Dec 24: Nepal Electricity Authority (NEA) has cut off power supply to two more industries, reasoning that they failed to clear tariff for the dedicated and trunk lines.

KATHMANDU, Dec 23: The electricity supply to certain industries, persistently refusing to settle their electricity tariff dues for using dedicated and trunk lines, has been disconnected since Friday evening.

BIRGUNJ (PARSA), Dec 13: The ongoing economic crisis has had its impact on Parsa's economy, forcing the closure of 177 industries last fiscal 2079-80 BS (2022/23), according to the Cottage and Small Industry Office, Parsa. The figure is an increase as compared to 152 industries shut in the previous year 2021/22.

BANKE, Sept 27: Minister for Energy, Water Resources and Irrigation Shakti Bahadur Basnet today said there would be no problem of electricity to run industries.

KATHMANDU, Sept 13: Factories in the Hetauda Industrial Estate have been operating at only 40 percent of their production capacity, thanks to the ongoing recession in the country that has taken down the market demand.

BARA, Aug 24: About 25 new industries have received permission to operate in Simara Special Economic Zone (SEZ) located in Jitpur Simara Sub-Metropolitan City. According to the site office of the Special Economic Zone Authority, 25 industries have received permits to operate in SEZ Block A.

KATHMANDU, July 28: Speaker Devraj Ghimire has urged the activists of community electricity to work for the establishment of industries to consume more energy at local levels.

KATHMANDU, April 23: While industrialists have been complaining about power cuts for up to 12 hours a day for the past few weeks, Nepal Electricity Authority (NEA) says the problem will last only for a short-term.

KATHMANDU, Nov 28: Nepal Rastra Bank (NRB) has reduced the interest rate gap (spread rate) keeping in view the protest against high interest rate by industries and traders.

HETAUDA, August 20: District Administration Office, Makwanpur, has sealed off two industries operating in Hetauda industrial zone on Friday.

KATHMANDU, July 19: The production capacity of Nepali industries reduced significantly in the past one year, a study has revealed.

KATHMANDU, July 13: The transaction volume of major industries of the country plunged heavily in the past two months due to excessive surge in market prices, taking down the purchasing power of people, shows a study report unveiled by the Confederation of Nepalese Industries (CNI).

KATHMANDU, June 10: Four industries in Nepal have produced goods and services worth Rs 1.2 trillion over one year. According to the data released by the Central Bureau of Statistics (CBS), the four industries generated goods and services worth Rs. 1.2 trillion while incurring costs of Rs. 846 billion in the fiscal year 2018/19.

KATHMANDU, June 30: The Department of Industry (DoI) has now gone into a paperless system, allowing the service-seekers to process the official works related to firm registration and renewal and investment approval via an online system.

KATHMANDU, June 19: More than a half of the manufacturing industries operating in the country have still been relying on generators fed electricity supply to meet their demand, showed a survey conducted recently.

KATHMANDU, April 27: Nepal Electricity Authority (NEA) is starting a scheduled loadshedding to big industries from Wednesday citing reduced import of electricity from India.

KATHMANDU, March 28: Despite the government’s hype to provide adequate electricity to both households and industrial sectors citing the excess electricity production in the country, industrialists have complained of facing disruption in electricity supply in recent days.

SIDDHARTHANAGAR, March 6: Home Minister Balkrishna Khand has said the government is encouraging industrialists. “Private sectors’ trust in the state will be kept intact. Private sectors have a tremendous role in state functioning,” he said.

KATHMANDU, Feb 3: With the establishment of an industrial environment in the country in recent periods, the registration of industries has increased.

KATHMANDU, Dec 22: In a bid to increase domestic consumption of electricity, Nepal Electricity Authority (NEA) has consented to provide 10 industrial units with 150.5 MW of electricity.

KATHMANDU, Dec 6: A total of 87 firms have proposed to invest Rs 122 billion to set up their manufacturing plants in the country in the first three months of the current fiscal year.

KATHMANDU, Dec 5: Nepal Electricity Authority (NEA) is upgrading its infrastructure capacity to supply up to 2,000 MW of electricity to the Bara-Parsa Industrial Corridor in the next five years.

Manufacturers lower prices of iron bars

November 29, 2021 06:55 am

KATHMANDU, Nov 29: Manufacturers of iron rods have reduced the price of their products by up to Rs 15 per kg with the fall in the price of the raw materials in the international market.

KATHMANDU, Oct 29: Finance Minister Janardan Sharma has said that many industries should be run to boost the country's economy.

KATHMANDU, OCT 24: The country received pledged investment totaling Rs 146 billion in the first quarter of the current fiscal year.

KATHMANDU, Sept 25: The manufacturers of iron rods on Saturday slammed the government’s move to raise the taxes on the import of billet, the main raw material to produce iron bars, and said they would continue with their protests until the government revokes its decision.

KATHMANDU, August 5: The Department of Industry (DoI) has asked the government to provide cash incentives worth Rs 1.28 billion in total to 508 export-oriented industries.

KATHMANDU, Jan 17: A total of 103 proposed companies have pledged to invest Rs 72.62 billion in the first half of the current fiscal year at a time when the running industries have been struggling to come to their full business size amid the coronavirus threat.

KATHMANDU, Jan 14: Around 70 percent of the hotels and restaurants have still failed to operate in their full capacity even as the economy is already heading on the path of recovery after severe impacts of COVID-19.

KATHMANDU, June 27: The Nepal Bureau of Standards and Metrology (NBSM) has punished six companies for not adhering to the Nepal Standards.

As the COVID-19 pandemic begins to form our ideas of a new normal, a daily topic of discussion in most households revolves around speculating about the shape and future of the economy. Theories are rife and forecasting models are being created and shattered on a daily basis, but the fact remains that the world has never witnessed such an unprecedented economic upheaval and therefore there is no accurate way of predicting how the world economies will evolve post-COVID-19.

KATHMANDU, May 2: Seventy percent industries have been found to have defied the government decision to fully pay their workers for the Nepali month of Chaitra (March-April).

KATHMANDU, Sept 6: Minister for Land Management, Cooperatives and Poverty Alleviation, Padma Kumari Aryal, has urged cooperatives to make investment in setting up industries to boost production.

TIKAPUR, July 11: Work on a proposed industrial estate in Dudejhari in Lumki Chuha Municipality Ward 3 has not gained momentum even though it has already been four years since the project was first mooted.

KATHMANDU, May 5: The much-awaited one-stop service center for investors and entrepreneurs is scheduled to come into operation from May 15.

KATHMANDU, March 24: The government has proposed various incentives, subsidies, facilities, and tax waivers for industries in the new bill to integrate and amend the existing Industrial Enterprises Act.

Birgunj chamber mulls legal remedy

February 3, 2019 09:44 am

BIRJUNG, Feb 3: Birgunj Chamber of Commerce and Industries has claimed that the industries along Parsa-Bara industrial corridor have been facing the burden of 'illegal taxes'.

BUTWAL, Sept 30: Industries in the Special Economic Zone (SEZ), Bhairahawa, are facing trouble of operation due to legal and procedural ambiguities.

KASKI, Sept 23: Damu Adhikari was elected as the Chairman of Pokhara Chamber of Commerce and Industries from the 32nd convention that concluded on Saturday.

BIRGUNJ, Sept 16: The government removed the seal from the plant of Nimbus Group's Probiotech Industries Pvt Ltd, on Friday. The Birgunj-based plant was sealed by the government following an inspection by a team led by Minister for Industry, Commerce and Supplies Matrika Yadav.

LAHAN, July 23: A total of 1,011 cottage and small industries have been registered in Siraha district during the last fiscal year 2074/75 BS.

Sagar Ghimire of Republica caught up with Sameer Khatiwada, an economist at the Economic Research and Regional Cooperation Department to understand how Nepal can prepare itself for what lies ahead in terms of technological revolution. Excerpts:

LALITPUR, May 24: The majority of the crusher industries operating inside the Kathmandy valley have not heeded to calls for controlling pollution.