Federation's objection to industrialists' strike and preparation for power cut
-
Media Baaji
- Thu, 18 June 2026
Kathmandu. Federation of Nepal Chamber of Commerce and Industry (FNCCI) has expressed serious concern about the preparations to cut the power lines of the industries within the industrial area run by the Industrial Zone Management Limited and create administrative pressure on the industrialists.
The federation issued a statement on Thursday and said that the business environment will be further affected by the activities targeting around 700 industries operating in 10 industrial areas across the country. The Federation is of the opinion that any step to create pressure on the industrialists is not appropriate, especially when the dispute regarding the increase in land rent in the industrial sector is pending in the court.
Express
Related News
The value of the dollar hit a new record, while other foreign currencies also rose
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Wednesday.
According to the new rate determined by the Central Bank, the buying rate of one US dollar has been fixed at 152 rupees 71...
Paddy planting is slow due to low rainfall, only 11.33 percent of planting has been completed across the country
Kathmandu. Due to the lack of rain as expected, the pace of rice planting across the country has been slow this year. According to the latest data of the Department of Agriculture, only 11.33 percent of paddy planting has been completed across the...
NEPSE welcomes election results, trade closes with six percent increase
Kathmandu. Today's trading has been closed with the third consecutive positive circuit in the Nepal Stock Exchange NEPSE index. Today, the NEPSE index increased by 162.93 points to 2,875.43 points. This is an increase of six percent. On the first...
Now mortgage mortgage online
Kathmandu. Government of Nepal, Land Management and Records Department is going to make the online mortgage bond system compulsory in the land office. This step has been taken to make the service fast, convenient, and middleman-free in line with t...
Solu Hydropower will issue IPO from November 7th
Kathmandu. Solu Hydropower Limited is going to issue the first phase of IPO for the local residents affected by the project and the Nepalese who have gone for foreign employment from the coming 7th of November. The company has received permission...
National Life Insurance 15.1 million contribution to the Divine Disaster Relief Fund
Kathmandu. National Life Insurance Company Limited has provided financial assistance of Rs 1.51 million to the Prime Minister's Divine Disaster Relief Fund for the relief, reconstruction and economic recovery of the citizens affected by the severe...