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.
Related News
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. The...
Singti Hydro will issue 100 percent rights
Kathmandu. Singti Hydro Energy Limited is going to issue rights. The company has appointed Muktinath Capital Limited as the sales manager for the rights issue. Sudip Khadka, Managing Director on behalf of Singti Hydro Energy Limited and Kavindra D...
In the semi-annual review, the income-expenditure of the government is weak, the capital expenditure is limited to 12 percent
Kathmandu. In the half-yearly review of the current financial year 2082 and 83, both the income and expenditure of the government are seen to be weak. According to the Comptroller General's Office, the central government's income has been limited...
NEPSE rose by 28.73 points, turnover 6.47 billion
Kathmandu - On the second trading day of the week, NEPSE index increased by 28.73 points to reach 2639.37 points. 6.47 billion rupees were traded when 12.4 million shares of 335 companies were bought and sold. While the share price of 214 companie...
Gas subsidy being scrapped
Kathmandu. The government has released Energy Consumption Growth and Export Strategy, 2083 with a plan to cancel the subsidy on LP gas for cooking till the financial year 2092 and 93 and provide subsidy on electric stoves. The strategy, published...
Demand to declare emergency in construction sector
Kathmandu. The Construction Industry Council has demanded to declare an emergency in the construction sector. In a statement issued by the council, it is said that the industry has come to a standstill due to the excessive increase in the price of...