KATHMANDU, Oct 12: The government in the past three weeks slapped cash fines of Rs 4.932 million on the traders who were found to be involved in market anomalies.

Nine Valley firms fined Rs 85,000

September 28, 2023 20:06 pm

KATHMANDU, Sept 28: The Department of Commerce, Supplies and Consumer Protection (DoCSCP) on Thursday slapped nine firms operating in the Kathmandu Valley with a total cash fine of Rs 85,000.

KATHMANDU, September 24: Many traders are found to be involved in the market misconducts to receive undue benefits as the festivals are round the corner.

KATHMANDU, Nov 2: The Kathmandu Metropolitan City (KMC) collected Rs 460,000 in cash fines from the Kathmandu-based traders who were found selling substandard products.

KATHMANDU, July 20: The government collected Rs 33.37 million in cash fines from 1,347 firms which flouted consumer law in fiscal year 2020/21.

KATHMANDU, June 17: The Department of Commerce, Supplies and Consumer Protection (DoCSCP) collected Rs 22.88 million in cash fines from firms that were found not abiding by the government rules and posing risk to the consumers’ health.

Republica Morning Brief: Sept 30

September 30, 2020 06:00 am

The government has said that media reports that claimed that Russia’s sovereign wealth fund was supplying 25 million doses of potential COVID-19 vaccines to Nepal is a rumor.

KATHMANDU, Sept 23: The Food Management and Trading Company is selling 12 tons of dried onions seized during market inspection from Thursday.

KASKI, March 14: Minister for Industry, Commerce and Supply, Lekhraj Bhatta, has warned of action to the hoarders.

KATHMANDU, Jan 8: Weak market inspection has once again given the unscrupulous traders leeway to profusely raise the price of essentials, as seen in the recent price hike of edibles by up to Rs 100 per kg.

New guidelines for market monitoring

December 1, 2019 12:25 pm

KATHMANDU, Dec 1: The Department of Commerce and Supply Management is preparing to enforce a code of conduct for market inspectors amid growing complaints that market inspection teams are guided by vested interests.

UDAYAPUR, Oct 10: Katari bazar, the second biggest market of Udayapur, remained shut for the second consecutive day on Tuesday following protests of local shopkeepers and businesspersons against the 'unexpected' market inspection.

KATHMANDU, Oct 1: Stakeholders have called the on local administration of Kathmandu to take strict action against all those involved in market irregularities.