Federation's objection to industrialists' strike and preparation for power cut

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

Share prices of these 10 companies increased the most on Thursday

Kathmandu. Nepal Stock Exchange NEPSE increased by 7.50 points to 2597.80 points. Today, when 94 lakh 69 thousand shares of 371 companies were bought and sold, the turnover was 4 billion 56 crore 29 lakh rupees. On Thursday, while the share price...

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 fixed exchange rate for today, the value of the US dollar is stable. According to the determined exchange rate, the buying rate of one US...

Fall in the price of gold, now how much per tola?

Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by one thousand rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 283,200 rupees per tola today. The price of 10 grams...

The price of petroleum products fell!

Kathmandu. Nepal Oil Corporation has adjusted the price of petroleum products. The corporation has reduced the price of petrol by three rupees per liter with effect from 12:00 pm. Similarly, diesel and kerosene per liter has decreased by one rupee...

Electricity and water lines were cut in 63 industries on the same day

Kathmandu. Industrial Area Management Limited cut the water and electricity lines of 63 industries in one day. After not paying the rent and fees even using the government land, buildings and infrastructure of the industrial area for a long t...

Heavy fall in the price of gold, now how much per tola?

Kathmandu. The price of gold in the Nepalese market has fallen drastically today. Gold fell by Rs 5,400 per tola in one day. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 32,300 rupees per tola today.

On...