March 21, 2023 07:30 am
Nepal Bureau of Standards and Metrology (NBSM) has taken action against nearly 8,000 traders in eight months of the current fiscal year, who were found to be cheating unsuspecting consumers by tampering with weighing instruments.
December 26, 2022 20:40 pm
KATHMANDU, Dec 26: Nepali traders have been paying as high as 32 percent of the actual cost of the goods for transport, transit, delivery, storage and official procedures due to lack of related infrastructure and poor government policies.
March 13, 2022 19:20 pm
KATHMANDU, March 13: In a bid to save face from the growing criticism, Nepal Vegetable Ghee and Oil Manufacturers’ Association (NVGOMA) has said that the current hike in prices of edible oils is due to the rise in prices of raw materials in the international market.
February 18, 2022 07:16 am
KATHMANDU, Feb 18: The Department of Commerce, Supplies and Consumer Protection (DoCSCP) collected Rs 8.98 million in cash fines from the Kathmandu Valley-based traders found involved in market anomalies during the first seven months of the current fiscal year.
November 28, 2021 18:57 pm
KATHMANDU, Nov 28: The government collected Rs 7.11 million in cash fines from the traders who have been found flouting the consumer related laws in the first four months of the current fiscal year.
February 4, 2021 08:20 am
KATHMANDU, Feb 4: Traders have expressed their readiness to gradually reduce the market prices of edible oil as the prices of the raw materials used for this product has started falling down in the international market.
January 21, 2021 07:00 am
KATHMANDU, Jan 21: The Department of Commerce, Supplies and Consumer Protection (DoCSCP) on Tuesday slapped a cash fine of Rs 300,000 each against two edible oil producers on charge of raising the prices of their product artificially.
January 31, 2020 09:23 am
KATHMANDU, Jan 31: The government is making amendment to the Competition Promotion and Market Protection Act, 2007 at a time when authorities have been failing to implement provisions in the existing act, allowing unscrupulous traders a free hand to form cartels and exploiting consumers.
January 3, 2020 08:07 am
KATHMANDU, Jan 3: Sugarcane is crushed to make sugar that sweetens our mouth. But the difficulties that sugarcane farmers in Nepal have had these last few years speak in volumes about their bitter struggle.
June 13, 2019 09:32 am
BUTWAL, June 13: Farmers of Nawalparasi are forced to sell sugarcane to mills on credit this year as well.
May 27, 2019 10:07 am
BUTWAL, May 27: Sugarcane farmers in Nawalparasi are extremely worried, anticipating a huge loss this year as well. Had the government been able to sort out the 'bargaining game' between farmers and traders and fixed the price of sugarcane on time, this situation would not have arrived.
November 4, 2018 00:10 am
Nepali industries have been receiving protection for many years. The protection has resulted in our industries not willing to go beyond the home market. It is a great irony that Nepali industrialists and traders are still looking for the assured market.
November 3, 2018 08:46 am
KATHMANDU, Nov 3: Despite commitment and action initiated by the Ministry of Agriculture and Livestock Development to properly manage the Kalimati Fruits and Vegetable Market, traders are still illegally operating stalls in the market.
September 19, 2018 04:15 am
KATHMANDU, Sept 19: Kalimati Fruits and Vegetables Market Development Board has scrapped stall license of 51 more traders.
July 24, 2018 07:00 am
KATHMANDU, July 24: According to Revenue Secretary Shishir Kumar Dhungana, the government imposed the new tax after finding income tax collection from the sector very low. He, however, clarified that the tax cannot be passed on to consumers.Fruits and vegetable traders have allegedly hiked prices after TDS came into effect from last Tuesday -- the start of new Fiscal Year 2018/19.
July 17, 2018 08:00 am
KATHMANDU, July 17: Kalimati Fruits and Vegetable Market Development Board and traders at Kalimati market have submitted their statements at Kathmandu District Court on Monday, regarding a case filed by the traders against the board. It is likely that the court will take one or two more days to give its verdict on the case.
July 4, 2018 05:00 am
KATHMANDU, July 4: Officials at the Kalimati Fruits and Vegetable Market Development Board are reviewing clarifications submitted by wholesalers and retailers who have rented out their stalls at the Kalimati Vegetables Market to other traders.
June 14, 2018 03:30 am
KATHMANDU, June 14: Kalimati Fruits and Vegetable Market Development Board has said that monopoly of some traders at Kalimati vegetables market will end at any cost.
March 3, 2018 02:30 am
KATHMANDU, March 3: Traders in cahoots with government employees were evading customs duty worth around Rs 350 million each day, according to comparative figures between Friday and the recent past.
February 26, 2018 04:30 am
BARA, Feb 26: Himalayan Terminal Pvt Ltd, which oversees the management of Sirsiya dry port in Birgunj, is charging random fees in the name of handling and parking charge, traders say.
January 20, 2018 09:01 am
JUMLA, Jan 20: Farmers of Patarasi Rural Municipality have been delighted to welcome traders at their doorsteps, who travel all the way to buy potatoes.
January 13, 2018 08:04 am
DOTI, Jan 13: Fuel traders in the district have claimed that the tankers of Nepal Oil Corporation have been delivering less than the said amount of petroleum. The tankers have been supplying them four percent less petroleum in average, the traders have claimed.
January 11, 2018 08:21 am
KATHMANDU, Jan 11: End of power cuts and availability of television with advanced functionalities have given a boost to sale of television sets, traders say.
January 2, 2018 09:08 am
KATHMANDU, Jan 2: The Nepali electronics market saw introduction of a plethora of high-end mobile phones costing over Rs 50,000 on 2017. While comparatively newer brands such as Oppo and Vivo also gained market the past year, traders say the consumers usually go for brands such as Apple and Samsung when it comes to expensive models. Despite that, less known brands like OnePlus also gained popularity in the Nepali market in 2017.
December 16, 2017 10:21 am
BIRGUNJ, Dec 16: Traders in Birgunj fear congestion at India’s Kolkata port again as there has been a delay in returning containers. Over a 1,000 containers are still waiting at Birgunj dry port and traders importing via third country say that this delay is likely to repeat congestion at the Kolkata port which had seen congestion for about three months from August to October.
December 13, 2017 08:20 am
KATHMANDU, Dec 13: Demand for camera-based phones has increased in recent years in Nepal, according to mobile phone traders. The launch of new mobile phone brands with attractive features has increased the competition among mobile phone sellers.
December 6, 2017 09:40 am
BIRGUNJ, Dec 5: Potatoes stored at cold stores in Birgunj have failed to find market, causing losses worth millions to farmers and traders. Potatoes brought from the hilly regions of Nepal and imported from Punjab of India dominated the market during September and October when the potatoes in cold storage facilities were supposed to hit the market.
November 16, 2017 04:15 am
MYAGDI, Nov 16: Most of the farmers in Rakhu of Beni Municipality have already received booking for oranges in their orchard even though harvest season is still one month away.
November 15, 2017 05:00 am
NEPALGUNJ, Nov 15: Political parties have been breaching the election code of conduct by extorting funds from local traders and businessmen.
November 9, 2017 05:45 am
KATHMANDU, Nov 9: Four branded stores -- Nike, Puma, Bentley and Store One -- in Durbar Marg, which were raided by the government in early September, have failed to furnish proof of 'brand authorization' of the products that they were selling, according to officials of the Department of Supply Management and Protection of Consumer Interest (DoSMPCI). “
November 8, 2017 03:15 am
KATHMANDU, Nov 8: Official figures of pashmina exports in the Fiscal Year 2016/17 show a decline of 11.31 percent year on year. However, traders claim that real foreign currency earning through pashmina export is rising steadily.
November 2, 2017 08:46 am
KATHMANDU, Nov 2: Price of pulses and beans is expected to down in the coming days, trader say. Officials of Nepal Retailers Association told Republica that as India recorded bumper harvest of different varieties of pulses, beans and legumes and price is going down in the southern neighbor.
October 30, 2017 11:39 am
Nepali herbs traders are facing more difficulties with the imposition of the Goods and Service Tax (GST) by India. Before this, they had been facing various problems with the levying of 'transit permit' on the export of herbs by the Uttar Pradesh government of India.
October 29, 2017 09:03 am
BHAIRAHAWA, Oct 29: Rice bought from Nepal Food Corporation (NFC) in the name of prisoners of Rupandehi jail has been found to be sent to the go-downs of local traders, while prisoners have been complaining about not getting enough food.
September 25, 2017 08:47 am
KATHMANDU, Sept 25: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) on Monday organized an interaction on the importance and challenges of mediation in commerce and the industrial sector.
September 10, 2017 07:16 am
KATHMANDU, Sept 10: The two leading umbrella organizations of the private sector are now intensifying their lobbies for the protection of their members of Durbar Marg who have been accused of fleecing consumers by charging exorbitant prices on ‘branded goods’.
September 8, 2017 07:08 am
KATHMANDU, Sept 8: Traders have shut down their businesses in Durbar Marg for an ‘indefinite period’ to protest the government’s raid conducted on some of the outlets on Monday and Wednesday.
September 7, 2017 16:48 pm
KATHMANDU, September 7: Protesting against the government raid in branded outlets in the area, the Durbar Marg based retail outlets have pulled their shutters down on Thursday.
August 24, 2017 11:27 am
NEW DELHI, August 24: Prime Minister Sher Bahadur Deuba has called upon both business communities from Nepal and India to work together to advance common goal of greater prosperity by building on the strong social ties and heritage that we share.
July 26, 2017 20:10 pm
RATNANAGAR (Chitwan), July 26: Police have busted a gang involved in extortion by threatening industrialists of Chitwan in guise of representative of the Indian intelligence agency 'RAW'. The racketeers arrested were made public by organizing a press conference at the Chitwan District Police Office on Wednesday.
July 13, 2017 02:30 am
KATHMANDU, July 12: Different beekeeping farmers and traders have boycotted the 2nd National Honey Fair that started in Kathmandu on Monday.
June 4, 2017 06:00 am
KOHALPUR, June 3:People involved in the trade of rosin and turpentine raw materials are facing huge losses this year as they are not getting good price for their products.
April 17, 2017 16:00 pm
KATHMANDU, April 17: Nepali businessmen at Rasuwagadhi are facing hassles after being denied of entrance passes to China.
February 20, 2017 15:20 pm
JAJARKOT, Feb 20: Police here have arrested three traders with more than two thousand kilograms of unauthorized medicinal herbs which they were taking for sale.
December 26, 2016 09:20 am
KATHMANDU, Dec 26: United Traders Syndicate, the authorized distributor of Toyota Motors for Nepal, has opened a new Toyota Showroom at Kupondole of Lalitpur.
November 10, 2016 00:50 am
KATHMANDU, Nov 10: Commoners, traders and businessmen in villages and towns bordering India remained tensed throughout the day on Wednesday following the Indian government decision to withdraw 1,000 and 500 Indian rupee bills from the financial system.
October 4, 2016 15:54 pm
GAIGHAT, Oct 4: Local traders of Gaighat have been accused of fleecing consumers by selling outdated commodities, taking advantage of the Dashain festival that began three days ago.
September 6, 2016 01:50 am
DHARAN, Sept 6: Ban on import of Nepali ginger by India has left many farmers and traders high and dry. But Nanda Kishor Sah, a ginger exporter of Dharan, is not surprised by the ban. He knew the ban was coming sooner or later as Chinese ginger was being imported to India in the name of Nepali product.
September 1, 2016 20:15 pm
PANCHATHAR, Sept 1: Indian decision to put a ban on ginger import from Nepal has left local farmers and traders high and dry.
August 5, 2016 01:15 am
BIRGUNJ, Aug 5: Traders of Birgunj on Thursday held a discussion with officials of Visakhapatnam port aka Vizag port on the prospect of bringing the port in operation for Nepal's third country trade.