Voices

Voices June 2013

Nov 30, -0001 0 2 minutes 14 seconds to read

…

Foreign Direct Investment Must Increase In The Tourism Industry.

Nov 30, -0001 0 1 minutes 32 seconds to read

…

The Private Sector Must Change Its Perception.

Nov 30, -0001 0 1 minutes 49 seconds to read

…

Voices March 2013

Nov 30, -0001 0 2 minutes 8 seconds to read

…

Voices February 2013

Nov 30, -0001 0 2 minutes 13 seconds to read

…

Voices January 2013

Nov 30, -0001 0 2 minutes 10 seconds to read

…

Voices November 2012

Nov 30, -0001 0 5 minutes 17 seconds to read

…

Voices October 2012

Nov 30, -0001 0 13 minutes 38 seconds to read

…

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			'content' => '<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“Entrepreneurs should not be threatened to pay taxes.”</strong></p>
<p>
	<em>Jagdish Prasad Rathi, Chairperson, Tax and Revenue Committee at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) opines that business people and industrialists should be encouraged not threatened to pay taxes.&nbsp;</em></p>
<p>
	 </p>
<p>
	<strong><img alt="Voices, Radhesh Pant" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_radhesh_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /><br />
	</strong></p>
<p>
	<strong>“The private sector is not yet ready to invest in mega projects.”</strong></p>
<p>
	<em>Radhesh Pant, Chief Executive of Investment Board opines that the Nepali private sector is not yet ready for investing in mega projects proposed by the board.</em></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong>“We are advocating&nbsp;<span style="font-size: 12px;">common standards across South Asia.”</span></strong></p>
<p>
	<em>Vikramjit Singh Sahaney, President of SAARC Chamber of Commerce and Industry believes that all the commodities traded in the South Asia region should comply to a common standards and standard certificates honoured by all the countries in the region should be issued.&nbsp;</em></p>
<p>
	 </p>
<p>
	<strong><img alt="Voices, Shankar Prasad Koirala" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_shankar_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /><br />
	</strong></p>
<p>
	<strong>“Private sector support&nbsp;<span style="font-size: 12px;">is a must for the&nbsp;</span><span style="font-size: 12px;">full-fledged budget for&nbsp;</span><span style="font-size: 12px;">the next fiscal year.”&nbsp;</span></strong></p>
<p>
	<em>Shankar Prasad Koirala, Finance Minister expects the full cooperation from the private sector to the government to bring a full-fledged budget for fiscal year 2013/14.</em></p>
<p>
	<em><br />
	</em></p>
<p>
	<em><br />
	</em></p>
<p>
	<strong style="font-size: 12px;"><img alt="Voices, Gyan Chandra Acharya" height="158" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_gyan_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /></strong></p>
<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“Nepal’s economic structure must be changed.”</strong></p>
<p>
	<em>Gyan Chandra Acharya Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States at United Nations (UN) believes that the economic structure must be changed to achieve 7 per cent growth.</em></p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong style="font-size: 12px;">“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”</strong></p>
<p>
	<em>Bharat Mohan Adhikari, Former Finance Minister acknowledges the role of the private sector in achieving high economic growth.</em></p>',
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- Jagdish Prasad Rathi',
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	<strong>"Foreign direct investment must increase in the tourism industry."</strong></p>
<p>
	Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.</p>
<p>
	 </p>
<p>
	<strong>“We have been talking of exporting electricity when we are facing severe power crisis.”</strong></p>
<p>
	<span style="font-size:11px;">Jagdish Prasad Agrawal, Chairman of Nimbus Group arguing that power must be produced first to meet the national demand before thinking to export it.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong>“The state and the private sector are not rivals.”</strong></p>
<p>
	<span style="font-size:11px;">Chhabi Raj Panta, Minister for Physical Infrastructure, Transportation and Urban Development acknowledging the role of the private sector in infrastructure development.&nbsp;</span></p>
<p>
	 </p>
<p>
	<strong><img alt="Ashoke SJB Rana, Voices May 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_may2013_ashoke.jpg" style="float:left; margin:0 10px 0 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“Banks need financial instruments for investing in mega projects.”</strong></p>
<p>
	<span style="font-size:11px;">Ashoke SJB Rana, CEO of Himalayan Bank Limited pointing out the lack of financial instruments for banks to invest in large projects of national importance.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong><img alt="Ratnakar Adhikari, Voices May 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_may2013_ratnakar.jpg" style="float:left; margin:0 10px 10px 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”</strong></p>
<p>
	<span style="font-size:11px;">Ratnakar Adhikari, Chief Executive Director of South Asia Watch on Trade, Economics and Environment (SAWTEE) suggesting to create a special economic zone and enforcing stricter labour laws in such zones to control the ongoing labour unrest.&nbsp;</span></p>',
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			'content' => '<p>
	<strong>“The private sector must change its perception.”</strong></p>
<p>
	<span style="font-size:11px;">Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), voicing the need for the private sector to be more responsible than just being driven by the profit motive.&nbsp;</span></p>
<p>
	<strong><span style="font-size: 11px;"><br />
	</span></strong></p>
<p>
	<strong><span style="font-size: 11px;">“Capital Flight is fuelled by the government’s failure to implement its decisions.”</span></strong></p>
<p>
	<span style="font-size:11px;">Subodh Kumar Gupta, Vice President of Birgunj Chamber of Commerce and Industry (BCCI) explains that many industries have moved out of the country as the government could not ensure investment friendly policies and environment despite declaring 2012 and 2013 as Nepal Investment Year.</span></p>
<p>
	 </p>
<p>
	<strong>“Nepal Telecom Authority has turned into a puppet.”</strong></p>
<p>
	<span style="font-size:11px;">Dileep Agrawal, Chairman of World Link Communications Pvt Ltd alleging the regulator of the telecommunication sector working as per the will of political parties and their leaders rather than the need of telecom service providers.</span></p>
<p>
	 </p>
<p>
	<strong><img alt="Bhaskar Raj Rajkarnikar, Voices April 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_april2013_bhaskar.jpg" style="float:left; margin: 0 10px 0 0;" width="150" /><br />
	</strong></p>
<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“The term ‘mixed economy’ is still not understood properly.”</strong></p>
<p>
	<span style="font-size:11px;">Bhaskar Raj Rajkarnikar, Senior Vice-President of FNCCI complaining the political parties’ decision to opt for mixed economy, after the protest of 2006.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong><img alt="Prithvi Raj Ligal, Voices April 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_april2013_prithivi.jpg" style="float:left;margin:0 10px 10px 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“If the current political disputes prolong, it is unimaginable to achieve even 4.1 per cent economic growth.”</strong></p>
<p>
	<span style="font-size:11px;">Prithvi Raj Ligal, former Vice Chairman of National Planning Commission raising doubt whether that the Nepal Rastra Bank’s projection of 4.1 per cent growth can be achieved amidst present political uncertainties.&nbsp;</span></p>',
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	 </p>
<p>
	<img align="left" alt="Rajan Singh Bhandari" height="213" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_rajan.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<span style="font-size: 16px;"><strong>“The liquidity situation must be addressed before the market faces crisis.”</strong></span></p>
<p style="text-align: justify;">
	<em><strong>Rajan Singh Bhandari</strong>, President of Nepal Bankers’ Association asking Nepal Rastra Bank to solve the impending liquidity problem before problems appears.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Seven per cent economic growth is just a daydream unless political impasse can be ended.” </span></strong></p>
<p style="text-align: justify;">
	<em><strong>Deependra Bahadur Kshetry</strong>, Vice Chairman of National Planning Commission explaining that high economic growth cannot be achieved amid ongoing political uncertainty.</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“We should invest 35 per cent of the GDP to achieve seven per cent economic growth.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Dr Ram Sharan Mahat</strong>, recommending a formula to achieve seven per cent economic growth in Nepal.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="Yuba Raj Khatiwada" height="218" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_yuba.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Current situation cannot be termed as liquidity crisis.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Dr Yuba Raj Khatiwada</strong>, Governor of Nepal Rastra Bank clarifying the heightened worries over the looming liquidity crisis in the banking system. He said that the liquidity ratio in the banks is 29.5 per cent in average.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="Radhesh Pant" height="229" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_radhesh.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Policy stability is what we need for encouraging both national and foreign investors.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Radhesh Pant</strong>, Chief Executive Officer of Nepal Investment Board explaining that political impasse is not only the cause of low investment. &nbsp;</em></p>
<p style="text-align: justify;">
	 </p>',
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	<img align="left" alt="" height="154" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/barshaman(1).jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<span style="font-size:16px;"><strong>‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’</strong></span></p>
<p style="text-align: justify;">
	<em>Barsha Man Pun, Finance Minister addressing the 48th Anniversary function of Rastriya Banijya Bank exhorting that trade union politics is unnecessary for corporate houses and political interventions are unacceptable in such companies.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘Income from tourism has not increased in the same ratio as the increase in number of tourists.’</span></strong></p>
<p style="text-align: justify;">
	<em>Pavitra Kumar Karki, President of Nepal Association of Tour and Travel Agents (NATTA), commenting on the current situation of the tourism industry</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘At a time when we should be increasing our competitive abilities, we are wasting time on minor issues like locks.’</span></strong></p>
<p style="text-align: justify;">
	<em>Arun Kumar Chaudhary, Former President of Nepal-India Chamber of Commerce and Industry commenting on the government’s hesitation to agree to the proposal to apply Indian customs locks on the container of goods from the third countries destined to Nepal from Indian ports.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/analraj.jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘Within a couple of years, we plan to be ranked as one of the top ten commercial banks of Nepal.’</span></strong></p>
<p style="text-align: justify;">
	<em>Anal Raj Bhattarai, CEO of Commerz and Trust Bank Nepal Limited, sharing his plans for the bank</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="" height="158" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/suraj.jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</span></strong></p>
<p style="text-align: justify;">
	<em>Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)&nbsp;</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>',
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	<font face="arial, helvetica, sans-serif"><img align="left" alt="" border="1" height="117" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/binod.jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></font></p>
<p>
	<span style="font-size:14px;"><font face="arial, helvetica, sans-serif"><b>‘The private sector is being used for vested interests by the state and politics. So, it is not getting enough space in the policy formulation process. The role of the private sector is becoming less effective and more opportunistic’</b></font></span></p>
<p>
	<span style="font-size:12px;"><span style="font-family: arial, helvetica, sans-serif;">Binod Chaudhary, President of the Confederation of Nepalese Industries, expressing his discontent over the government’s inability to realise the private sector’s role for economic growth.</span></span></p>
<p>
	 </p>
<p>
	<strong style="font-family: arial, helvetica, sans-serif; font-size: 14px;">‘Nepal Rastra Bank will intervene if cooperatives do not work in accordance with the true spirit of cooperatives’</strong></p>
<p>
	<span style="font-size:12px;">Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank, warning to take action against those cooperatives that do not strictly follow the code of conduct and good governance&nbsp;</span></p>
<p>
	 </p>
<p>
	<img align="left" alt="" border="1" height="123" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/bhattrai.jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></p>
<p>
	<strong style="font-size: 14px;">‘Per capita income of Nepalis can be increased up to US $ 3000 within a decade through cooperatives’</strong></p>
<p>
	<span style="font-size:12px;">Dr Baburam Bhattarai, Prime Minister, giving a hyperbolic statement about significantly increasing per capita income of Nepal and reducing poverty with the help of cooperatives&nbsp;</span></p>
<p>
	 </p>
<p>
	<strong style="font-size: 14px;">‘Nepal Electricity Authority is like a leg infected with elephantitis that looks big but limps. That is why electricity shortage is rife in the country’</strong></p>
<p>
	<span style="font-size:12px;">Lila Mani Poudel, Chief Secretary, commenting on the inefficiency of Nepal Electricity Authority.</span></p>
<p>
	 </p>
<p>
	<span style="font-size:12px;"><img align="left" alt="" border="1" height="121" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/pradeep(4).jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></span></p>
<p>
	<span style="font-size:14px;"><strong>‘The government believes sending youths to foreign employment is a better alternative than improving the industrial environment in the country’</strong></span></p>
<p>
	<span style="font-size:12px;">Pradeep Jung Pandey, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), complaining about the government’s lackadaisical approach to resolve the labour shortage in the industry sector</span></p>',
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<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="nalin" border="1" height="183" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Nalin-Mandiratta.jpg" vspace="10" width="150" /><br />
	<br />
	‘The hospitality industry of Nepal is sure to grow immensely’</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Nalin Mandiratta, General Manager of Soaltee Crowne Plaza (SCP), saying that the hospitality industry is surely going to grow by leaps and bounds if the external environment remains stable and the country is able to market its tourism offerings well.</span></span></span></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
<p class="MsoNormal">
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<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><br />
	</span></span></span></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘It’s international practice to allow advertising means for market promotion</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Ramesh Kumar Silwal, Vice President of Higher Secondary Schools Association-Nepal (HISSAN), arguing if advertising was not to be allowed then why did the government made the policy to register private schools and colleges under the Company Act.</span></span></span></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><br />
	</span></span></span></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘It is possible to earn a livelihood by investing in shares alone’</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Rajan Lamsal, Share Investor, elaborating that it is indeed possible to manage a livelihood by investing solely in the share market, however, one should devote enough time in it which can be treated as full-time as well as part-time business.</span></span></span></p>
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	 </p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="surendra man shrestha" border="1" height="158" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Surendra-Man-Pradhan.jpg" vspace="10" width="136" /><br />
	</span></span></span></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘We have focused on corporate governance for short term objectives</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Surendra Man Pradhan, Chief Executive Officer of Sunrise Bank Limited, reiterating that the company is marching ahead as a fully compliant bank, has already managed to reduce its non-performing loans and plans to minimise it further in the near future.</span></span></span></p>
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<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="hum nath gurung" border="1" height="181" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Hum-Nath-Gurung.jpg" vspace="10" width="149" /><br />
	</span></span></span></strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘We must fully implement the central bank’s policy on home loans’</span></span></span></strong></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Hum Nath Gurung, Deputy General Manager of Everest Bank Ltd, hailing the policy as positive saying that the policy was necessary to stop unhealthy competition and provide impetus to overall development in Nepal’s context.</span></span></span></p>
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<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘It has become essential to do away with Nepal’s pegged exchange rate with India’</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Jagdish Prasad Agrawal, Chairman of Nimbus Holdings Pvt Ltd, emphasizing that Nepal Rastra Bank must update the exchange rate for Indian Rupees every three months as it will help ascertain actual exchange rate as well as minimise the crisis related to Indian Rupees availability.</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
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<p class="Pa18">
	<span class="A24"><span style="font-size:20.0pt">‘We must adopt ‘tunnel technology’ for construction of roads in Nepal’ </span></span><br />
	<br />
	<img alt="hyidayesh" border="1" height="300" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Hridayesh-Tripathi.jpg" vspace="10" width="247" /></p>
<p class="Pa18">
	<span class="A21"><span style="font-size:9.0pt">Hridayesh Tripathi, Minister for Physical Planning, Works and Transport Management, explaining that tunnels make roads shorter and secure and constructing tunnels will give respite from problems related to long winding roads. </span></span></p>
<p class="MsoNormal">
	<span class="A23"><span myriad="" style="font-size:25.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="Pa18">
	<span class="A24"><span style="font-size:20.0pt">‘We were the first one to propose BOOT model for infrastructure development’ </span></span></p>
<p class="Pa18">
	<span class="A21"><span style="font-size:9.0pt">Dr Ram Sharan Mahat, Former Finance Minister and Nepali Congress leader, claiming that his party had first proposed to introduce BOOT model for Kathmandu-Terai fast track and emphasised the private sector must follow the model for infrastructure projects that have profit making possibilities. </span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Atma Ram Murarka, President of Cement Manufacturers’ Association of Nepal (CMAN), while agreeing that the use of laminated sacks may be environment friendly it is simply not possible for the cement producers to switch their packing system from the existing woven sacks within 91 days as notified by the Ministry of Environment, Science and Technology.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘The entrepreneurs do not have a hand in determining vegetable prices’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Khom Prasad Ghimire, Chairman of Federation of Fruit &amp; Vegetable Entrepreneurs Nepal, clarifying that prices are affected as per demand and supply mechanism where low production leads to high prices and high production coupled with easy availability help stabilise prices.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘We were the first one to propose BOOT model for infrastructure development’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Dr Ram Sharan Mahat, Former Finance Minister and Nepali Congress leader, claiming that his party had first proposed to introduce BOOT model for Kathmandu-Terai fast track and emphasised the private sector must follow the model for infrastructure projects that have profit making possibilities.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘Oman Air will actively pursue opportunities to expand its current operations in Nepal’<br />
	<br />
	<img alt="voices" border="1" height="214" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/John-Rodrigues.jpg" vspace="10" width="177" /><br />
	</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">John Rodrigues, the Country Manager of Oman Air for Nepal, saying that the Muscat-based national airline of Oman has not finalized any immediate plans for expansion in Nepal, however, it is looking at opportunities to do so in the future.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘The government cannot force us to make laminated sacks mandatory for packing cement’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Atma Ram Murarka, President of Cement Manufacturers’ Association of Nepal (CMAN), while agreeing that the use of laminated sacks may be environment friendly it is simply not possible for the cement producers to switch their packing system from the existing woven sacks within 91 days as notified by the Ministry of Environment, Science and Technology.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘About 30 per cent of Nepal’s population is capable of buying insurance policies’<br />
	<br />
	<img alt="binod aryal" border="1" height="243" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Binod-Aryal,.jpg" vspace="10" width="200" /></span></span></p>
<p>
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Binod Aryal, Executive Director of Insurance Board (IB) of Nepal, observing that the insurance companies have only reached about 6-7 per cent population because of their unwillingness to go to the remote areas as they earn profits in the cities.</span></span></p>
<p class="MsoNormal" style="margin-left:1.0in">
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		'Article' => array(
			'id' => '1088',
			'article_category_id' => '62',
			'title' => 'Voices June 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“Entrepreneurs should not be threatened to pay taxes.”</strong></p>
<p>
	<em>Jagdish Prasad Rathi, Chairperson, Tax and Revenue Committee at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) opines that business people and industrialists should be encouraged not threatened to pay taxes.&nbsp;</em></p>
<p>
	 </p>
<p>
	<strong><img alt="Voices, Radhesh Pant" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_radhesh_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /><br />
	</strong></p>
<p>
	<strong>“The private sector is not yet ready to invest in mega projects.”</strong></p>
<p>
	<em>Radhesh Pant, Chief Executive of Investment Board opines that the Nepali private sector is not yet ready for investing in mega projects proposed by the board.</em></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong>“We are advocating&nbsp;<span style="font-size: 12px;">common standards across South Asia.”</span></strong></p>
<p>
	<em>Vikramjit Singh Sahaney, President of SAARC Chamber of Commerce and Industry believes that all the commodities traded in the South Asia region should comply to a common standards and standard certificates honoured by all the countries in the region should be issued.&nbsp;</em></p>
<p>
	 </p>
<p>
	<strong><img alt="Voices, Shankar Prasad Koirala" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_shankar_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /><br />
	</strong></p>
<p>
	<strong>“Private sector support&nbsp;<span style="font-size: 12px;">is a must for the&nbsp;</span><span style="font-size: 12px;">full-fledged budget for&nbsp;</span><span style="font-size: 12px;">the next fiscal year.”&nbsp;</span></strong></p>
<p>
	<em>Shankar Prasad Koirala, Finance Minister expects the full cooperation from the private sector to the government to bring a full-fledged budget for fiscal year 2013/14.</em></p>
<p>
	<em><br />
	</em></p>
<p>
	<em><br />
	</em></p>
<p>
	<strong style="font-size: 12px;"><img alt="Voices, Gyan Chandra Acharya" height="158" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_gyan_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /></strong></p>
<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“Nepal’s economic structure must be changed.”</strong></p>
<p>
	<em>Gyan Chandra Acharya Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States at United Nations (UN) believes that the economic structure must be changed to achieve 7 per cent growth.</em></p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong style="font-size: 12px;">“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”</strong></p>
<p>
	<em>Bharat Mohan Adhikari, Former Finance Minister acknowledges the role of the private sector in achieving high economic growth.</em></p>',
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			'created' => '2013-06-08',
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			'keywords' => 'Voices, Opinion, Words, personalities, Celebrities, New Business Age, June 2013',
			'description' => '“Entrepreneurs should not be threatened to pay taxes.”
- Jagdish Prasad Rathi',
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			'article_category_id' => '62',
			'title' => 'Foreign Direct Investment Must Increase In The Tourism Industry.',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong>"Foreign direct investment must increase in the tourism industry."</strong></p>
<p>
	Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.</p>
<p>
	 </p>
<p>
	<strong>“We have been talking of exporting electricity when we are facing severe power crisis.”</strong></p>
<p>
	<span style="font-size:11px;">Jagdish Prasad Agrawal, Chairman of Nimbus Group arguing that power must be produced first to meet the national demand before thinking to export it.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong>“The state and the private sector are not rivals.”</strong></p>
<p>
	<span style="font-size:11px;">Chhabi Raj Panta, Minister for Physical Infrastructure, Transportation and Urban Development acknowledging the role of the private sector in infrastructure development.&nbsp;</span></p>
<p>
	 </p>
<p>
	<strong><img alt="Ashoke SJB Rana, Voices May 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_may2013_ashoke.jpg" style="float:left; margin:0 10px 0 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“Banks need financial instruments for investing in mega projects.”</strong></p>
<p>
	<span style="font-size:11px;">Ashoke SJB Rana, CEO of Himalayan Bank Limited pointing out the lack of financial instruments for banks to invest in large projects of national importance.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong><img alt="Ratnakar Adhikari, Voices May 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_may2013_ratnakar.jpg" style="float:left; margin:0 10px 10px 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”</strong></p>
<p>
	<span style="font-size:11px;">Ratnakar Adhikari, Chief Executive Director of South Asia Watch on Trade, Economics and Environment (SAWTEE) suggesting to create a special economic zone and enforcing stricter labour laws in such zones to control the ongoing labour unrest.&nbsp;</span></p>',
			'published' => true,
			'created' => '2013-05-24',
			'modified' => '2013-06-06',
			'keywords' => 'Foreign direct investment must increase in the tourism industry.',
			'description' => 'Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.',
			'sortorder' => '925',
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			'id' => '1049',
			'article_category_id' => '62',
			'title' => 'The Private Sector Must Change Its Perception.',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong>“The private sector must change its perception.”</strong></p>
<p>
	<span style="font-size:11px;">Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), voicing the need for the private sector to be more responsible than just being driven by the profit motive.&nbsp;</span></p>
<p>
	<strong><span style="font-size: 11px;"><br />
	</span></strong></p>
<p>
	<strong><span style="font-size: 11px;">“Capital Flight is fuelled by the government’s failure to implement its decisions.”</span></strong></p>
<p>
	<span style="font-size:11px;">Subodh Kumar Gupta, Vice President of Birgunj Chamber of Commerce and Industry (BCCI) explains that many industries have moved out of the country as the government could not ensure investment friendly policies and environment despite declaring 2012 and 2013 as Nepal Investment Year.</span></p>
<p>
	 </p>
<p>
	<strong>“Nepal Telecom Authority has turned into a puppet.”</strong></p>
<p>
	<span style="font-size:11px;">Dileep Agrawal, Chairman of World Link Communications Pvt Ltd alleging the regulator of the telecommunication sector working as per the will of political parties and their leaders rather than the need of telecom service providers.</span></p>
<p>
	 </p>
<p>
	<strong><img alt="Bhaskar Raj Rajkarnikar, Voices April 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_april2013_bhaskar.jpg" style="float:left; margin: 0 10px 0 0;" width="150" /><br />
	</strong></p>
<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“The term ‘mixed economy’ is still not understood properly.”</strong></p>
<p>
	<span style="font-size:11px;">Bhaskar Raj Rajkarnikar, Senior Vice-President of FNCCI complaining the political parties’ decision to opt for mixed economy, after the protest of 2006.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong><img alt="Prithvi Raj Ligal, Voices April 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_april2013_prithivi.jpg" style="float:left;margin:0 10px 10px 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“If the current political disputes prolong, it is unimaginable to achieve even 4.1 per cent economic growth.”</strong></p>
<p>
	<span style="font-size:11px;">Prithvi Raj Ligal, former Vice Chairman of National Planning Commission raising doubt whether that the Nepal Rastra Bank’s projection of 4.1 per cent growth can be achieved amidst present political uncertainties.&nbsp;</span></p>',
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			'created' => '2013-05-24',
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			'title' => 'Voices March 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	<img align="left" alt="Rajan Singh Bhandari" height="213" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_rajan.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<span style="font-size: 16px;"><strong>“The liquidity situation must be addressed before the market faces crisis.”</strong></span></p>
<p style="text-align: justify;">
	<em><strong>Rajan Singh Bhandari</strong>, President of Nepal Bankers’ Association asking Nepal Rastra Bank to solve the impending liquidity problem before problems appears.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Seven per cent economic growth is just a daydream unless political impasse can be ended.” </span></strong></p>
<p style="text-align: justify;">
	<em><strong>Deependra Bahadur Kshetry</strong>, Vice Chairman of National Planning Commission explaining that high economic growth cannot be achieved amid ongoing political uncertainty.</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“We should invest 35 per cent of the GDP to achieve seven per cent economic growth.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Dr Ram Sharan Mahat</strong>, recommending a formula to achieve seven per cent economic growth in Nepal.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="Yuba Raj Khatiwada" height="218" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_yuba.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Current situation cannot be termed as liquidity crisis.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Dr Yuba Raj Khatiwada</strong>, Governor of Nepal Rastra Bank clarifying the heightened worries over the looming liquidity crisis in the banking system. He said that the liquidity ratio in the banks is 29.5 per cent in average.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="Radhesh Pant" height="229" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_radhesh.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Policy stability is what we need for encouraging both national and foreign investors.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Radhesh Pant</strong>, Chief Executive Officer of Nepal Investment Board explaining that political impasse is not only the cause of low investment. &nbsp;</em></p>
<p style="text-align: justify;">
	 </p>',
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			'description' => 'The liquidity situation must be addressed before the market faces crisis.',
			'sortorder' => '784',
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			'title' => 'Voices February 2013',
			'sub_title' => '',
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			'content' => '<p>
	<img align="left" alt="" height="154" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/barshaman(1).jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<span style="font-size:16px;"><strong>‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’</strong></span></p>
<p style="text-align: justify;">
	<em>Barsha Man Pun, Finance Minister addressing the 48th Anniversary function of Rastriya Banijya Bank exhorting that trade union politics is unnecessary for corporate houses and political interventions are unacceptable in such companies.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘Income from tourism has not increased in the same ratio as the increase in number of tourists.’</span></strong></p>
<p style="text-align: justify;">
	<em>Pavitra Kumar Karki, President of Nepal Association of Tour and Travel Agents (NATTA), commenting on the current situation of the tourism industry</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘At a time when we should be increasing our competitive abilities, we are wasting time on minor issues like locks.’</span></strong></p>
<p style="text-align: justify;">
	<em>Arun Kumar Chaudhary, Former President of Nepal-India Chamber of Commerce and Industry commenting on the government’s hesitation to agree to the proposal to apply Indian customs locks on the container of goods from the third countries destined to Nepal from Indian ports.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/analraj.jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘Within a couple of years, we plan to be ranked as one of the top ten commercial banks of Nepal.’</span></strong></p>
<p style="text-align: justify;">
	<em>Anal Raj Bhattarai, CEO of Commerz and Trust Bank Nepal Limited, sharing his plans for the bank</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="" height="158" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/suraj.jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</span></strong></p>
<p style="text-align: justify;">
	<em>Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)&nbsp;</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>',
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			'title' => 'Voices January 2013',
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			'content' => '<p>
	<font face="arial, helvetica, sans-serif"><img align="left" alt="" border="1" height="117" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/binod.jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></font></p>
<p>
	<span style="font-size:14px;"><font face="arial, helvetica, sans-serif"><b>‘The private sector is being used for vested interests by the state and politics. So, it is not getting enough space in the policy formulation process. The role of the private sector is becoming less effective and more opportunistic’</b></font></span></p>
<p>
	<span style="font-size:12px;"><span style="font-family: arial, helvetica, sans-serif;">Binod Chaudhary, President of the Confederation of Nepalese Industries, expressing his discontent over the government’s inability to realise the private sector’s role for economic growth.</span></span></p>
<p>
	 </p>
<p>
	<strong style="font-family: arial, helvetica, sans-serif; font-size: 14px;">‘Nepal Rastra Bank will intervene if cooperatives do not work in accordance with the true spirit of cooperatives’</strong></p>
<p>
	<span style="font-size:12px;">Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank, warning to take action against those cooperatives that do not strictly follow the code of conduct and good governance&nbsp;</span></p>
<p>
	 </p>
<p>
	<img align="left" alt="" border="1" height="123" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/bhattrai.jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></p>
<p>
	<strong style="font-size: 14px;">‘Per capita income of Nepalis can be increased up to US $ 3000 within a decade through cooperatives’</strong></p>
<p>
	<span style="font-size:12px;">Dr Baburam Bhattarai, Prime Minister, giving a hyperbolic statement about significantly increasing per capita income of Nepal and reducing poverty with the help of cooperatives&nbsp;</span></p>
<p>
	 </p>
<p>
	<strong style="font-size: 14px;">‘Nepal Electricity Authority is like a leg infected with elephantitis that looks big but limps. That is why electricity shortage is rife in the country’</strong></p>
<p>
	<span style="font-size:12px;">Lila Mani Poudel, Chief Secretary, commenting on the inefficiency of Nepal Electricity Authority.</span></p>
<p>
	 </p>
<p>
	<span style="font-size:12px;"><img align="left" alt="" border="1" height="121" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/pradeep(4).jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></span></p>
<p>
	<span style="font-size:14px;"><strong>‘The government believes sending youths to foreign employment is a better alternative than improving the industrial environment in the country’</strong></span></p>
<p>
	<span style="font-size:12px;">Pradeep Jung Pandey, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), complaining about the government’s lackadaisical approach to resolve the labour shortage in the industry sector</span></p>',
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			'title' => 'Voices November 2012',
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			'content' => '<p>
	 </p>
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	 </p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="nalin" border="1" height="183" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Nalin-Mandiratta.jpg" vspace="10" width="150" /><br />
	<br />
	‘The hospitality industry of Nepal is sure to grow immensely’</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Nalin Mandiratta, General Manager of Soaltee Crowne Plaza (SCP), saying that the hospitality industry is surely going to grow by leaps and bounds if the external environment remains stable and the country is able to market its tourism offerings well.</span></span></span></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
<p class="MsoNormal">
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<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><br />
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<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘It’s international practice to allow advertising means for market promotion</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Ramesh Kumar Silwal, Vice President of Higher Secondary Schools Association-Nepal (HISSAN), arguing if advertising was not to be allowed then why did the government made the policy to register private schools and colleges under the Company Act.</span></span></span></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
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	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘It is possible to earn a livelihood by investing in shares alone’</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Rajan Lamsal, Share Investor, elaborating that it is indeed possible to manage a livelihood by investing solely in the share market, however, one should devote enough time in it which can be treated as full-time as well as part-time business.</span></span></span></p>
<p class="MsoNormal">
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="surendra man shrestha" border="1" height="158" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Surendra-Man-Pradhan.jpg" vspace="10" width="136" /><br />
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	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘We have focused on corporate governance for short term objectives</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Surendra Man Pradhan, Chief Executive Officer of Sunrise Bank Limited, reiterating that the company is marching ahead as a fully compliant bank, has already managed to reduce its non-performing loans and plans to minimise it further in the near future.</span></span></span></p>
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	<strong><span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="hum nath gurung" border="1" height="181" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Hum-Nath-Gurung.jpg" vspace="10" width="149" /><br />
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	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘We must fully implement the central bank’s policy on home loans’</span></span></span></strong></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Hum Nath Gurung, Deputy General Manager of Everest Bank Ltd, hailing the policy as positive saying that the policy was necessary to stop unhealthy competition and provide impetus to overall development in Nepal’s context.</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Jagdish Prasad Agrawal, Chairman of Nimbus Holdings Pvt Ltd, emphasizing that Nepal Rastra Bank must update the exchange rate for Indian Rupees every three months as it will help ascertain actual exchange rate as well as minimise the crisis related to Indian Rupees availability.</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
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<p class="Pa18">
	<span class="A24"><span style="font-size:20.0pt">‘We must adopt ‘tunnel technology’ for construction of roads in Nepal’ </span></span><br />
	<br />
	<img alt="hyidayesh" border="1" height="300" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Hridayesh-Tripathi.jpg" vspace="10" width="247" /></p>
<p class="Pa18">
	<span class="A21"><span style="font-size:9.0pt">Hridayesh Tripathi, Minister for Physical Planning, Works and Transport Management, explaining that tunnels make roads shorter and secure and constructing tunnels will give respite from problems related to long winding roads. </span></span></p>
<p class="MsoNormal">
	<span class="A23"><span myriad="" style="font-size:25.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="Pa18">
	<span class="A24"><span style="font-size:20.0pt">‘We were the first one to propose BOOT model for infrastructure development’ </span></span></p>
<p class="Pa18">
	<span class="A21"><span style="font-size:9.0pt">Dr Ram Sharan Mahat, Former Finance Minister and Nepali Congress leader, claiming that his party had first proposed to introduce BOOT model for Kathmandu-Terai fast track and emphasised the private sector must follow the model for infrastructure projects that have profit making possibilities. </span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Atma Ram Murarka, President of Cement Manufacturers’ Association of Nepal (CMAN), while agreeing that the use of laminated sacks may be environment friendly it is simply not possible for the cement producers to switch their packing system from the existing woven sacks within 91 days as notified by the Ministry of Environment, Science and Technology.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘The entrepreneurs do not have a hand in determining vegetable prices’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Khom Prasad Ghimire, Chairman of Federation of Fruit &amp; Vegetable Entrepreneurs Nepal, clarifying that prices are affected as per demand and supply mechanism where low production leads to high prices and high production coupled with easy availability help stabilise prices.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘We were the first one to propose BOOT model for infrastructure development’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Dr Ram Sharan Mahat, Former Finance Minister and Nepali Congress leader, claiming that his party had first proposed to introduce BOOT model for Kathmandu-Terai fast track and emphasised the private sector must follow the model for infrastructure projects that have profit making possibilities.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘Oman Air will actively pursue opportunities to expand its current operations in Nepal’<br />
	<br />
	<img alt="voices" border="1" height="214" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/John-Rodrigues.jpg" vspace="10" width="177" /><br />
	</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">John Rodrigues, the Country Manager of Oman Air for Nepal, saying that the Muscat-based national airline of Oman has not finalized any immediate plans for expansion in Nepal, however, it is looking at opportunities to do so in the future.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘The government cannot force us to make laminated sacks mandatory for packing cement’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Atma Ram Murarka, President of Cement Manufacturers’ Association of Nepal (CMAN), while agreeing that the use of laminated sacks may be environment friendly it is simply not possible for the cement producers to switch their packing system from the existing woven sacks within 91 days as notified by the Ministry of Environment, Science and Technology.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘About 30 per cent of Nepal’s population is capable of buying insurance policies’<br />
	<br />
	<img alt="binod aryal" border="1" height="243" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Binod-Aryal,.jpg" vspace="10" width="200" /></span></span></p>
<p>
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Binod Aryal, Executive Director of Insurance Board (IB) of Nepal, observing that the insurance companies have only reached about 6-7 per cent population because of their unwillingness to go to the remote areas as they earn profits in the cities.</span></span></p>
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	</strong></p>
<p>
	<strong>“Entrepreneurs should not be threatened to pay taxes.”</strong></p>
<p>
	<em>Jagdish Prasad Rathi, Chairperson, Tax and Revenue Committee at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) opines that business people and industrialists should be encouraged not threatened to pay taxes.&nbsp;</em></p>
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	 </p>
<p>
	<strong><img alt="Voices, Radhesh Pant" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_radhesh_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /><br />
	</strong></p>
<p>
	<strong>“The private sector is not yet ready to invest in mega projects.”</strong></p>
<p>
	<em>Radhesh Pant, Chief Executive of Investment Board opines that the Nepali private sector is not yet ready for investing in mega projects proposed by the board.</em></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong>“We are advocating&nbsp;<span style="font-size: 12px;">common standards across South Asia.”</span></strong></p>
<p>
	<em>Vikramjit Singh Sahaney, President of SAARC Chamber of Commerce and Industry believes that all the commodities traded in the South Asia region should comply to a common standards and standard certificates honoured by all the countries in the region should be issued.&nbsp;</em></p>
<p>
	 </p>
<p>
	<strong><img alt="Voices, Shankar Prasad Koirala" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_shankar_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /><br />
	</strong></p>
<p>
	<strong>“Private sector support&nbsp;<span style="font-size: 12px;">is a must for the&nbsp;</span><span style="font-size: 12px;">full-fledged budget for&nbsp;</span><span style="font-size: 12px;">the next fiscal year.”&nbsp;</span></strong></p>
<p>
	<em>Shankar Prasad Koirala, Finance Minister expects the full cooperation from the private sector to the government to bring a full-fledged budget for fiscal year 2013/14.</em></p>
<p>
	<em><br />
	</em></p>
<p>
	<em><br />
	</em></p>
<p>
	<strong style="font-size: 12px;"><img alt="Voices, Gyan Chandra Acharya" height="158" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_gyan_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /></strong></p>
<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“Nepal’s economic structure must be changed.”</strong></p>
<p>
	<em>Gyan Chandra Acharya Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States at United Nations (UN) believes that the economic structure must be changed to achieve 7 per cent growth.</em></p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong style="font-size: 12px;">“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”</strong></p>
<p>
	<em>Bharat Mohan Adhikari, Former Finance Minister acknowledges the role of the private sector in achieving high economic growth.</em></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Voices, Opinion, Words, personalities, Celebrities, New Business Age, June 2013',
			'description' => '“Entrepreneurs should not be threatened to pay taxes.”
- Jagdish Prasad Rathi',
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	(int) 1 => array(
		'Article' => array(
			'id' => '1050',
			'article_category_id' => '62',
			'title' => 'Foreign Direct Investment Must Increase In The Tourism Industry.',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong>"Foreign direct investment must increase in the tourism industry."</strong></p>
<p>
	Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.</p>
<p>
	 </p>
<p>
	<strong>“We have been talking of exporting electricity when we are facing severe power crisis.”</strong></p>
<p>
	<span style="font-size:11px;">Jagdish Prasad Agrawal, Chairman of Nimbus Group arguing that power must be produced first to meet the national demand before thinking to export it.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong>“The state and the private sector are not rivals.”</strong></p>
<p>
	<span style="font-size:11px;">Chhabi Raj Panta, Minister for Physical Infrastructure, Transportation and Urban Development acknowledging the role of the private sector in infrastructure development.&nbsp;</span></p>
<p>
	 </p>
<p>
	<strong><img alt="Ashoke SJB Rana, Voices May 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_may2013_ashoke.jpg" style="float:left; margin:0 10px 0 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“Banks need financial instruments for investing in mega projects.”</strong></p>
<p>
	<span style="font-size:11px;">Ashoke SJB Rana, CEO of Himalayan Bank Limited pointing out the lack of financial instruments for banks to invest in large projects of national importance.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong><img alt="Ratnakar Adhikari, Voices May 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_may2013_ratnakar.jpg" style="float:left; margin:0 10px 10px 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”</strong></p>
<p>
	<span style="font-size:11px;">Ratnakar Adhikari, Chief Executive Director of South Asia Watch on Trade, Economics and Environment (SAWTEE) suggesting to create a special economic zone and enforcing stricter labour laws in such zones to control the ongoing labour unrest.&nbsp;</span></p>',
			'published' => true,
			'created' => '2013-05-24',
			'modified' => '2013-06-06',
			'keywords' => 'Foreign direct investment must increase in the tourism industry.',
			'description' => 'Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.',
			'sortorder' => '925',
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	(int) 2 => array(
		'Article' => array(
			'id' => '1049',
			'article_category_id' => '62',
			'title' => 'The Private Sector Must Change Its Perception.',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong>“The private sector must change its perception.”</strong></p>
<p>
	<span style="font-size:11px;">Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), voicing the need for the private sector to be more responsible than just being driven by the profit motive.&nbsp;</span></p>
<p>
	<strong><span style="font-size: 11px;"><br />
	</span></strong></p>
<p>
	<strong><span style="font-size: 11px;">“Capital Flight is fuelled by the government’s failure to implement its decisions.”</span></strong></p>
<p>
	<span style="font-size:11px;">Subodh Kumar Gupta, Vice President of Birgunj Chamber of Commerce and Industry (BCCI) explains that many industries have moved out of the country as the government could not ensure investment friendly policies and environment despite declaring 2012 and 2013 as Nepal Investment Year.</span></p>
<p>
	 </p>
<p>
	<strong>“Nepal Telecom Authority has turned into a puppet.”</strong></p>
<p>
	<span style="font-size:11px;">Dileep Agrawal, Chairman of World Link Communications Pvt Ltd alleging the regulator of the telecommunication sector working as per the will of political parties and their leaders rather than the need of telecom service providers.</span></p>
<p>
	 </p>
<p>
	<strong><img alt="Bhaskar Raj Rajkarnikar, Voices April 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_april2013_bhaskar.jpg" style="float:left; margin: 0 10px 0 0;" width="150" /><br />
	</strong></p>
<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“The term ‘mixed economy’ is still not understood properly.”</strong></p>
<p>
	<span style="font-size:11px;">Bhaskar Raj Rajkarnikar, Senior Vice-President of FNCCI complaining the political parties’ decision to opt for mixed economy, after the protest of 2006.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong><img alt="Prithvi Raj Ligal, Voices April 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_april2013_prithivi.jpg" style="float:left;margin:0 10px 10px 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“If the current political disputes prolong, it is unimaginable to achieve even 4.1 per cent economic growth.”</strong></p>
<p>
	<span style="font-size:11px;">Prithvi Raj Ligal, former Vice Chairman of National Planning Commission raising doubt whether that the Nepal Rastra Bank’s projection of 4.1 per cent growth can be achieved amidst present political uncertainties.&nbsp;</span></p>',
			'published' => true,
			'created' => '2013-05-24',
			'modified' => '2013-06-04',
			'keywords' => 'The private sector must change its perception.',
			'description' => 'The private sector must change its perception.',
			'sortorder' => '924',
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		'Article' => array(
			'id' => '902',
			'article_category_id' => '62',
			'title' => 'Voices March 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	<img align="left" alt="Rajan Singh Bhandari" height="213" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_rajan.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<span style="font-size: 16px;"><strong>“The liquidity situation must be addressed before the market faces crisis.”</strong></span></p>
<p style="text-align: justify;">
	<em><strong>Rajan Singh Bhandari</strong>, President of Nepal Bankers’ Association asking Nepal Rastra Bank to solve the impending liquidity problem before problems appears.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Seven per cent economic growth is just a daydream unless political impasse can be ended.” </span></strong></p>
<p style="text-align: justify;">
	<em><strong>Deependra Bahadur Kshetry</strong>, Vice Chairman of National Planning Commission explaining that high economic growth cannot be achieved amid ongoing political uncertainty.</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“We should invest 35 per cent of the GDP to achieve seven per cent economic growth.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Dr Ram Sharan Mahat</strong>, recommending a formula to achieve seven per cent economic growth in Nepal.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="Yuba Raj Khatiwada" height="218" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_yuba.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Current situation cannot be termed as liquidity crisis.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Dr Yuba Raj Khatiwada</strong>, Governor of Nepal Rastra Bank clarifying the heightened worries over the looming liquidity crisis in the banking system. He said that the liquidity ratio in the banks is 29.5 per cent in average.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="Radhesh Pant" height="229" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_radhesh.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Policy stability is what we need for encouraging both national and foreign investors.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Radhesh Pant</strong>, Chief Executive Officer of Nepal Investment Board explaining that political impasse is not only the cause of low investment. &nbsp;</em></p>
<p style="text-align: justify;">
	 </p>',
			'published' => true,
			'created' => '2013-03-24',
			'modified' => '2013-05-22',
			'keywords' => '',
			'description' => 'The liquidity situation must be addressed before the market faces crisis.',
			'sortorder' => '784',
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	(int) 4 => array(
		'Article' => array(
			'id' => '823',
			'article_category_id' => '62',
			'title' => 'Voices February 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img align="left" alt="" height="154" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/barshaman(1).jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<span style="font-size:16px;"><strong>‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’</strong></span></p>
<p style="text-align: justify;">
	<em>Barsha Man Pun, Finance Minister addressing the 48th Anniversary function of Rastriya Banijya Bank exhorting that trade union politics is unnecessary for corporate houses and political interventions are unacceptable in such companies.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘Income from tourism has not increased in the same ratio as the increase in number of tourists.’</span></strong></p>
<p style="text-align: justify;">
	<em>Pavitra Kumar Karki, President of Nepal Association of Tour and Travel Agents (NATTA), commenting on the current situation of the tourism industry</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘At a time when we should be increasing our competitive abilities, we are wasting time on minor issues like locks.’</span></strong></p>
<p style="text-align: justify;">
	<em>Arun Kumar Chaudhary, Former President of Nepal-India Chamber of Commerce and Industry commenting on the government’s hesitation to agree to the proposal to apply Indian customs locks on the container of goods from the third countries destined to Nepal from Indian ports.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/analraj.jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘Within a couple of years, we plan to be ranked as one of the top ten commercial banks of Nepal.’</span></strong></p>
<p style="text-align: justify;">
	<em>Anal Raj Bhattarai, CEO of Commerz and Trust Bank Nepal Limited, sharing his plans for the bank</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="" height="158" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/suraj.jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</span></strong></p>
<p style="text-align: justify;">
	<em>Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)&nbsp;</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>',
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			'created' => '2013-03-15',
			'modified' => '2013-03-15',
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			'description' => '‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’',
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			'id' => '792',
			'article_category_id' => '62',
			'title' => 'Voices January 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<font face="arial, helvetica, sans-serif"><img align="left" alt="" border="1" height="117" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/binod.jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></font></p>
<p>
	<span style="font-size:14px;"><font face="arial, helvetica, sans-serif"><b>‘The private sector is being used for vested interests by the state and politics. So, it is not getting enough space in the policy formulation process. The role of the private sector is becoming less effective and more opportunistic’</b></font></span></p>
<p>
	<span style="font-size:12px;"><span style="font-family: arial, helvetica, sans-serif;">Binod Chaudhary, President of the Confederation of Nepalese Industries, expressing his discontent over the government’s inability to realise the private sector’s role for economic growth.</span></span></p>
<p>
	 </p>
<p>
	<strong style="font-family: arial, helvetica, sans-serif; font-size: 14px;">‘Nepal Rastra Bank will intervene if cooperatives do not work in accordance with the true spirit of cooperatives’</strong></p>
<p>
	<span style="font-size:12px;">Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank, warning to take action against those cooperatives that do not strictly follow the code of conduct and good governance&nbsp;</span></p>
<p>
	 </p>
<p>
	<img align="left" alt="" border="1" height="123" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/bhattrai.jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></p>
<p>
	<strong style="font-size: 14px;">‘Per capita income of Nepalis can be increased up to US $ 3000 within a decade through cooperatives’</strong></p>
<p>
	<span style="font-size:12px;">Dr Baburam Bhattarai, Prime Minister, giving a hyperbolic statement about significantly increasing per capita income of Nepal and reducing poverty with the help of cooperatives&nbsp;</span></p>
<p>
	 </p>
<p>
	<strong style="font-size: 14px;">‘Nepal Electricity Authority is like a leg infected with elephantitis that looks big but limps. That is why electricity shortage is rife in the country’</strong></p>
<p>
	<span style="font-size:12px;">Lila Mani Poudel, Chief Secretary, commenting on the inefficiency of Nepal Electricity Authority.</span></p>
<p>
	 </p>
<p>
	<span style="font-size:12px;"><img align="left" alt="" border="1" height="121" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/pradeep(4).jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></span></p>
<p>
	<span style="font-size:14px;"><strong>‘The government believes sending youths to foreign employment is a better alternative than improving the industrial environment in the country’</strong></span></p>
<p>
	<span style="font-size:12px;">Pradeep Jung Pandey, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), complaining about the government’s lackadaisical approach to resolve the labour shortage in the industry sector</span></p>',
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			'title' => 'Voices November 2012',
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			'content' => '<p>
	 </p>
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	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="nalin" border="1" height="183" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Nalin-Mandiratta.jpg" vspace="10" width="150" /><br />
	<br />
	‘The hospitality industry of Nepal is sure to grow immensely’</span></span></span></strong></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Nalin Mandiratta, General Manager of Soaltee Crowne Plaza (SCP), saying that the hospitality industry is surely going to grow by leaps and bounds if the external environment remains stable and the country is able to market its tourism offerings well.</span></span></span></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Ramesh Kumar Silwal, Vice President of Higher Secondary Schools Association-Nepal (HISSAN), arguing if advertising was not to be allowed then why did the government made the policy to register private schools and colleges under the Company Act.</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><br />
	</span></span></span></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘It is possible to earn a livelihood by investing in shares alone’</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Rajan Lamsal, Share Investor, elaborating that it is indeed possible to manage a livelihood by investing solely in the share market, however, one should devote enough time in it which can be treated as full-time as well as part-time business.</span></span></span></p>
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	 </p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="surendra man shrestha" border="1" height="158" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Surendra-Man-Pradhan.jpg" vspace="10" width="136" /><br />
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<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘We have focused on corporate governance for short term objectives</span></span></span></strong></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Surendra Man Pradhan, Chief Executive Officer of Sunrise Bank Limited, reiterating that the company is marching ahead as a fully compliant bank, has already managed to reduce its non-performing loans and plans to minimise it further in the near future.</span></span></span></p>
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	<strong><span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="hum nath gurung" border="1" height="181" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Hum-Nath-Gurung.jpg" vspace="10" width="149" /><br />
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	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘We must fully implement the central bank’s policy on home loans’</span></span></span></strong></p>
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	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘It has become essential to do away with Nepal’s pegged exchange rate with India’</span></span></span></strong></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Jagdish Prasad Agrawal, Chairman of Nimbus Holdings Pvt Ltd, emphasizing that Nepal Rastra Bank must update the exchange rate for Indian Rupees every three months as it will help ascertain actual exchange rate as well as minimise the crisis related to Indian Rupees availability.</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
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<p class="Pa18">
	<span class="A24"><span style="font-size:20.0pt">‘We must adopt ‘tunnel technology’ for construction of roads in Nepal’ </span></span><br />
	<br />
	<img alt="hyidayesh" border="1" height="300" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Hridayesh-Tripathi.jpg" vspace="10" width="247" /></p>
<p class="Pa18">
	<span class="A21"><span style="font-size:9.0pt">Hridayesh Tripathi, Minister for Physical Planning, Works and Transport Management, explaining that tunnels make roads shorter and secure and constructing tunnels will give respite from problems related to long winding roads. </span></span></p>
<p class="MsoNormal">
	<span class="A23"><span myriad="" style="font-size:25.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="Pa18">
	<span class="A24"><span style="font-size:20.0pt">‘We were the first one to propose BOOT model for infrastructure development’ </span></span></p>
<p class="Pa18">
	<span class="A21"><span style="font-size:9.0pt">Dr Ram Sharan Mahat, Former Finance Minister and Nepali Congress leader, claiming that his party had first proposed to introduce BOOT model for Kathmandu-Terai fast track and emphasised the private sector must follow the model for infrastructure projects that have profit making possibilities. </span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Atma Ram Murarka, President of Cement Manufacturers’ Association of Nepal (CMAN), while agreeing that the use of laminated sacks may be environment friendly it is simply not possible for the cement producers to switch their packing system from the existing woven sacks within 91 days as notified by the Ministry of Environment, Science and Technology.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘The entrepreneurs do not have a hand in determining vegetable prices’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Khom Prasad Ghimire, Chairman of Federation of Fruit &amp; Vegetable Entrepreneurs Nepal, clarifying that prices are affected as per demand and supply mechanism where low production leads to high prices and high production coupled with easy availability help stabilise prices.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘We were the first one to propose BOOT model for infrastructure development’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Dr Ram Sharan Mahat, Former Finance Minister and Nepali Congress leader, claiming that his party had first proposed to introduce BOOT model for Kathmandu-Terai fast track and emphasised the private sector must follow the model for infrastructure projects that have profit making possibilities.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘Oman Air will actively pursue opportunities to expand its current operations in Nepal’<br />
	<br />
	<img alt="voices" border="1" height="214" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/John-Rodrigues.jpg" vspace="10" width="177" /><br />
	</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">John Rodrigues, the Country Manager of Oman Air for Nepal, saying that the Muscat-based national airline of Oman has not finalized any immediate plans for expansion in Nepal, however, it is looking at opportunities to do so in the future.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘The government cannot force us to make laminated sacks mandatory for packing cement’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Atma Ram Murarka, President of Cement Manufacturers’ Association of Nepal (CMAN), while agreeing that the use of laminated sacks may be environment friendly it is simply not possible for the cement producers to switch their packing system from the existing woven sacks within 91 days as notified by the Ministry of Environment, Science and Technology.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘About 30 per cent of Nepal’s population is capable of buying insurance policies’<br />
	<br />
	<img alt="binod aryal" border="1" height="243" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Binod-Aryal,.jpg" vspace="10" width="200" /></span></span></p>
<p>
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Binod Aryal, Executive Director of Insurance Board (IB) of Nepal, observing that the insurance companies have only reached about 6-7 per cent population because of their unwillingness to go to the remote areas as they earn profits in the cities.</span></span></p>
<p class="MsoNormal" style="margin-left:1.0in">
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		'Article' => array(
			'id' => '1088',
			'article_category_id' => '62',
			'title' => 'Voices June 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“Entrepreneurs should not be threatened to pay taxes.”</strong></p>
<p>
	<em>Jagdish Prasad Rathi, Chairperson, Tax and Revenue Committee at Federation of Nepalese Chambers of Commerce and Industry (FNCCI) opines that business people and industrialists should be encouraged not threatened to pay taxes.&nbsp;</em></p>
<p>
	 </p>
<p>
	<strong><img alt="Voices, Radhesh Pant" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_radhesh_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /><br />
	</strong></p>
<p>
	<strong>“The private sector is not yet ready to invest in mega projects.”</strong></p>
<p>
	<em>Radhesh Pant, Chief Executive of Investment Board opines that the Nepali private sector is not yet ready for investing in mega projects proposed by the board.</em></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong>“We are advocating&nbsp;<span style="font-size: 12px;">common standards across South Asia.”</span></strong></p>
<p>
	<em>Vikramjit Singh Sahaney, President of SAARC Chamber of Commerce and Industry believes that all the commodities traded in the South Asia region should comply to a common standards and standard certificates honoured by all the countries in the region should be issued.&nbsp;</em></p>
<p>
	 </p>
<p>
	<strong><img alt="Voices, Shankar Prasad Koirala" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_shankar_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /><br />
	</strong></p>
<p>
	<strong>“Private sector support&nbsp;<span style="font-size: 12px;">is a must for the&nbsp;</span><span style="font-size: 12px;">full-fledged budget for&nbsp;</span><span style="font-size: 12px;">the next fiscal year.”&nbsp;</span></strong></p>
<p>
	<em>Shankar Prasad Koirala, Finance Minister expects the full cooperation from the private sector to the government to bring a full-fledged budget for fiscal year 2013/14.</em></p>
<p>
	<em><br />
	</em></p>
<p>
	<em><br />
	</em></p>
<p>
	<strong style="font-size: 12px;"><img alt="Voices, Gyan Chandra Acharya" height="158" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voices_gyan_june2013.jpg" style="float:left; margin:0 10px 0 0;" width="130" /></strong></p>
<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“Nepal’s economic structure must be changed.”</strong></p>
<p>
	<em>Gyan Chandra Acharya Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States at United Nations (UN) believes that the economic structure must be changed to achieve 7 per cent growth.</em></p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong style="font-size: 12px;">“To achieve 7 per cent economic growth, private sector must be ensured with a favourable investment climate.”</strong></p>
<p>
	<em>Bharat Mohan Adhikari, Former Finance Minister acknowledges the role of the private sector in achieving high economic growth.</em></p>',
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			'created' => '2013-06-08',
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			'keywords' => 'Voices, Opinion, Words, personalities, Celebrities, New Business Age, June 2013',
			'description' => '“Entrepreneurs should not be threatened to pay taxes.”
- Jagdish Prasad Rathi',
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			'id' => '1050',
			'article_category_id' => '62',
			'title' => 'Foreign Direct Investment Must Increase In The Tourism Industry.',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong>"Foreign direct investment must increase in the tourism industry."</strong></p>
<p>
	Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.</p>
<p>
	 </p>
<p>
	<strong>“We have been talking of exporting electricity when we are facing severe power crisis.”</strong></p>
<p>
	<span style="font-size:11px;">Jagdish Prasad Agrawal, Chairman of Nimbus Group arguing that power must be produced first to meet the national demand before thinking to export it.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong>“The state and the private sector are not rivals.”</strong></p>
<p>
	<span style="font-size:11px;">Chhabi Raj Panta, Minister for Physical Infrastructure, Transportation and Urban Development acknowledging the role of the private sector in infrastructure development.&nbsp;</span></p>
<p>
	 </p>
<p>
	<strong><img alt="Ashoke SJB Rana, Voices May 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_may2013_ashoke.jpg" style="float:left; margin:0 10px 0 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“Banks need financial instruments for investing in mega projects.”</strong></p>
<p>
	<span style="font-size:11px;">Ashoke SJB Rana, CEO of Himalayan Bank Limited pointing out the lack of financial instruments for banks to invest in large projects of national importance.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong><img alt="Ratnakar Adhikari, Voices May 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_may2013_ratnakar.jpg" style="float:left; margin:0 10px 10px 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“There should be strict legislation that bans the lock ups and strikes in the special economic zone.”</strong></p>
<p>
	<span style="font-size:11px;">Ratnakar Adhikari, Chief Executive Director of South Asia Watch on Trade, Economics and Environment (SAWTEE) suggesting to create a special economic zone and enforcing stricter labour laws in such zones to control the ongoing labour unrest.&nbsp;</span></p>',
			'published' => true,
			'created' => '2013-05-24',
			'modified' => '2013-06-06',
			'keywords' => 'Foreign direct investment must increase in the tourism industry.',
			'description' => 'Prachanda Man Shrestha, Former CEO of Nepal Tourism Board suggesting the way to attain 7% economic growth.',
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	(int) 2 => array(
		'Article' => array(
			'id' => '1049',
			'article_category_id' => '62',
			'title' => 'The Private Sector Must Change Its Perception.',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong>“The private sector must change its perception.”</strong></p>
<p>
	<span style="font-size:11px;">Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), voicing the need for the private sector to be more responsible than just being driven by the profit motive.&nbsp;</span></p>
<p>
	<strong><span style="font-size: 11px;"><br />
	</span></strong></p>
<p>
	<strong><span style="font-size: 11px;">“Capital Flight is fuelled by the government’s failure to implement its decisions.”</span></strong></p>
<p>
	<span style="font-size:11px;">Subodh Kumar Gupta, Vice President of Birgunj Chamber of Commerce and Industry (BCCI) explains that many industries have moved out of the country as the government could not ensure investment friendly policies and environment despite declaring 2012 and 2013 as Nepal Investment Year.</span></p>
<p>
	 </p>
<p>
	<strong>“Nepal Telecom Authority has turned into a puppet.”</strong></p>
<p>
	<span style="font-size:11px;">Dileep Agrawal, Chairman of World Link Communications Pvt Ltd alleging the regulator of the telecommunication sector working as per the will of political parties and their leaders rather than the need of telecom service providers.</span></p>
<p>
	 </p>
<p>
	<strong><img alt="Bhaskar Raj Rajkarnikar, Voices April 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_april2013_bhaskar.jpg" style="float:left; margin: 0 10px 0 0;" width="150" /><br />
	</strong></p>
<p>
	<strong><br />
	</strong></p>
<p>
	<strong>“The term ‘mixed economy’ is still not understood properly.”</strong></p>
<p>
	<span style="font-size:11px;">Bhaskar Raj Rajkarnikar, Senior Vice-President of FNCCI complaining the political parties’ decision to opt for mixed economy, after the protest of 2006.</span></p>
<p>
	 </p>
<p>
	 </p>
<p>
	 </p>
<p>
	<strong><img alt="Prithvi Raj Ligal, Voices April 2013" height="179" src="http://newbusinessage.com/ckfinder/userfiles/Images/voices_april2013_prithivi.jpg" style="float:left;margin:0 10px 10px 0;" width="150" /><br />
	</strong></p>
<p>
	<strong>“If the current political disputes prolong, it is unimaginable to achieve even 4.1 per cent economic growth.”</strong></p>
<p>
	<span style="font-size:11px;">Prithvi Raj Ligal, former Vice Chairman of National Planning Commission raising doubt whether that the Nepal Rastra Bank’s projection of 4.1 per cent growth can be achieved amidst present political uncertainties.&nbsp;</span></p>',
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			'created' => '2013-05-24',
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			'keywords' => 'The private sector must change its perception.',
			'description' => 'The private sector must change its perception.',
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			'id' => '902',
			'article_category_id' => '62',
			'title' => 'Voices March 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	<img align="left" alt="Rajan Singh Bhandari" height="213" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_rajan.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<span style="font-size: 16px;"><strong>“The liquidity situation must be addressed before the market faces crisis.”</strong></span></p>
<p style="text-align: justify;">
	<em><strong>Rajan Singh Bhandari</strong>, President of Nepal Bankers’ Association asking Nepal Rastra Bank to solve the impending liquidity problem before problems appears.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Seven per cent economic growth is just a daydream unless political impasse can be ended.” </span></strong></p>
<p style="text-align: justify;">
	<em><strong>Deependra Bahadur Kshetry</strong>, Vice Chairman of National Planning Commission explaining that high economic growth cannot be achieved amid ongoing political uncertainty.</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“We should invest 35 per cent of the GDP to achieve seven per cent economic growth.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Dr Ram Sharan Mahat</strong>, recommending a formula to achieve seven per cent economic growth in Nepal.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="Yuba Raj Khatiwada" height="218" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_yuba.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Current situation cannot be termed as liquidity crisis.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Dr Yuba Raj Khatiwada</strong>, Governor of Nepal Rastra Bank clarifying the heightened worries over the looming liquidity crisis in the banking system. He said that the liquidity ratio in the banks is 29.5 per cent in average.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="Radhesh Pant" height="229" src="http://newbusinessage.com/ckfinder/userfiles/Images/march2013_voices_radhesh.jpg" style="margin: 0px 10px 0px 0px; padding: 5px;" width="180" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size: 16px;">“Policy stability is what we need for encouraging both national and foreign investors.”</span></strong></p>
<p style="text-align: justify;">
	<em><strong>Radhesh Pant</strong>, Chief Executive Officer of Nepal Investment Board explaining that political impasse is not only the cause of low investment. &nbsp;</em></p>
<p style="text-align: justify;">
	 </p>',
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			'title' => 'Voices February 2013',
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	<img align="left" alt="" height="154" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/barshaman(1).jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<span style="font-size:16px;"><strong>‘The game of politics is not allowed in the corporate houses. If you want to do politics, come out of those institutions.’</strong></span></p>
<p style="text-align: justify;">
	<em>Barsha Man Pun, Finance Minister addressing the 48th Anniversary function of Rastriya Banijya Bank exhorting that trade union politics is unnecessary for corporate houses and political interventions are unacceptable in such companies.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘Income from tourism has not increased in the same ratio as the increase in number of tourists.’</span></strong></p>
<p style="text-align: justify;">
	<em>Pavitra Kumar Karki, President of Nepal Association of Tour and Travel Agents (NATTA), commenting on the current situation of the tourism industry</em></p>
<p style="text-align: justify;">
	<em><br />
	</em></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘At a time when we should be increasing our competitive abilities, we are wasting time on minor issues like locks.’</span></strong></p>
<p style="text-align: justify;">
	<em>Arun Kumar Chaudhary, Former President of Nepal-India Chamber of Commerce and Industry commenting on the government’s hesitation to agree to the proposal to apply Indian customs locks on the container of goods from the third countries destined to Nepal from Indian ports.</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="" height="155" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/analraj.jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘Within a couple of years, we plan to be ranked as one of the top ten commercial banks of Nepal.’</span></strong></p>
<p style="text-align: justify;">
	<em>Anal Raj Bhattarai, CEO of Commerz and Trust Bank Nepal Limited, sharing his plans for the bank</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	<img align="left" alt="" height="158" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/suraj.jpg" style="margin:0 10px 0 0; padding:5px;" width="130" /></p>
<p style="text-align: justify;">
	<strong><span style="font-size:16px;">‘South Asian governments must take effective and careful steps to promote regional trade among South Asian Association of Regional Cooperation (SAARC) member countries.’</span></strong></p>
<p style="text-align: justify;">
	<em>Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)&nbsp;</em></p>
<p style="text-align: justify;">
	 </p>
<p style="text-align: justify;">
	 </p>',
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	<font face="arial, helvetica, sans-serif"><img align="left" alt="" border="1" height="117" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/binod.jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></font></p>
<p>
	<span style="font-size:14px;"><font face="arial, helvetica, sans-serif"><b>‘The private sector is being used for vested interests by the state and politics. So, it is not getting enough space in the policy formulation process. The role of the private sector is becoming less effective and more opportunistic’</b></font></span></p>
<p>
	<span style="font-size:12px;"><span style="font-family: arial, helvetica, sans-serif;">Binod Chaudhary, President of the Confederation of Nepalese Industries, expressing his discontent over the government’s inability to realise the private sector’s role for economic growth.</span></span></p>
<p>
	 </p>
<p>
	<strong style="font-family: arial, helvetica, sans-serif; font-size: 14px;">‘Nepal Rastra Bank will intervene if cooperatives do not work in accordance with the true spirit of cooperatives’</strong></p>
<p>
	<span style="font-size:12px;">Dr Yuba Raj Khatiwada, Governor of Nepal Rastra Bank, warning to take action against those cooperatives that do not strictly follow the code of conduct and good governance&nbsp;</span></p>
<p>
	 </p>
<p>
	<img align="left" alt="" border="1" height="123" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/bhattrai.jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></p>
<p>
	<strong style="font-size: 14px;">‘Per capita income of Nepalis can be increased up to US $ 3000 within a decade through cooperatives’</strong></p>
<p>
	<span style="font-size:12px;">Dr Baburam Bhattarai, Prime Minister, giving a hyperbolic statement about significantly increasing per capita income of Nepal and reducing poverty with the help of cooperatives&nbsp;</span></p>
<p>
	 </p>
<p>
	<strong style="font-size: 14px;">‘Nepal Electricity Authority is like a leg infected with elephantitis that looks big but limps. That is why electricity shortage is rife in the country’</strong></p>
<p>
	<span style="font-size:12px;">Lila Mani Poudel, Chief Secretary, commenting on the inefficiency of Nepal Electricity Authority.</span></p>
<p>
	 </p>
<p>
	<span style="font-size:12px;"><img align="left" alt="" border="1" height="121" hspace="" src="http://newbusinessage.com/ckfinder/userfiles/Images/pradeep(4).jpg" style="margin:0 10px 10px 0; padding:2px;" vspace="" width="100" /></span></p>
<p>
	<span style="font-size:14px;"><strong>‘The government believes sending youths to foreign employment is a better alternative than improving the industrial environment in the country’</strong></span></p>
<p>
	<span style="font-size:12px;">Pradeep Jung Pandey, Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), complaining about the government’s lackadaisical approach to resolve the labour shortage in the industry sector</span></p>',
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	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="nalin" border="1" height="183" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Nalin-Mandiratta.jpg" vspace="10" width="150" /><br />
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	‘The hospitality industry of Nepal is sure to grow immensely’</span></span></span></strong></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Nalin Mandiratta, General Manager of Soaltee Crowne Plaza (SCP), saying that the hospitality industry is surely going to grow by leaps and bounds if the external environment remains stable and the country is able to market its tourism offerings well.</span></span></span></p>
<p class="MsoNormal">
	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">&nbsp;</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Rajan Lamsal, Share Investor, elaborating that it is indeed possible to manage a livelihood by investing solely in the share market, however, one should devote enough time in it which can be treated as full-time as well as part-time business.</span></span></span></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;"><img alt="surendra man shrestha" border="1" height="158" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/Surendra-Man-Pradhan.jpg" vspace="10" width="136" /><br />
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	<strong><span style="font-size:16px;"><span class="A11"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">‘We have focused on corporate governance for short term objectives</span></span></span></strong></p>
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	<span style="font-size:16px;"><span class="A31"><span style="line-height: 115%; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;;">Hum Nath Gurung, Deputy General Manager of Everest Bank Ltd, hailing the policy as positive saying that the policy was necessary to stop unhealthy competition and provide impetus to overall development in Nepal’s context.</span></span></span></p>
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<p class="Pa18">
	<span class="A24"><span style="font-size:20.0pt">‘We must adopt ‘tunnel technology’ for construction of roads in Nepal’ </span></span><br />
	<br />
	<img alt="hyidayesh" border="1" height="300" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Hridayesh-Tripathi.jpg" vspace="10" width="247" /></p>
<p class="Pa18">
	<span class="A21"><span style="font-size:9.0pt">Hridayesh Tripathi, Minister for Physical Planning, Works and Transport Management, explaining that tunnels make roads shorter and secure and constructing tunnels will give respite from problems related to long winding roads. </span></span></p>
<p class="MsoNormal">
	<span class="A23"><span myriad="" style="font-size:25.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="Pa18">
	<span class="A24"><span style="font-size:20.0pt">‘We were the first one to propose BOOT model for infrastructure development’ </span></span></p>
<p class="Pa18">
	<span class="A21"><span style="font-size:9.0pt">Dr Ram Sharan Mahat, Former Finance Minister and Nepali Congress leader, claiming that his party had first proposed to introduce BOOT model for Kathmandu-Terai fast track and emphasised the private sector must follow the model for infrastructure projects that have profit making possibilities. </span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Atma Ram Murarka, President of Cement Manufacturers’ Association of Nepal (CMAN), while agreeing that the use of laminated sacks may be environment friendly it is simply not possible for the cement producers to switch their packing system from the existing woven sacks within 91 days as notified by the Ministry of Environment, Science and Technology.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘The entrepreneurs do not have a hand in determining vegetable prices’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Khom Prasad Ghimire, Chairman of Federation of Fruit &amp; Vegetable Entrepreneurs Nepal, clarifying that prices are affected as per demand and supply mechanism where low production leads to high prices and high production coupled with easy availability help stabilise prices.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘We were the first one to propose BOOT model for infrastructure development’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Dr Ram Sharan Mahat, Former Finance Minister and Nepali Congress leader, claiming that his party had first proposed to introduce BOOT model for Kathmandu-Terai fast track and emphasised the private sector must follow the model for infrastructure projects that have profit making possibilities.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘Oman Air will actively pursue opportunities to expand its current operations in Nepal’<br />
	<br />
	<img alt="voices" border="1" height="214" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/John-Rodrigues.jpg" vspace="10" width="177" /><br />
	</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">John Rodrigues, the Country Manager of Oman Air for Nepal, saying that the Muscat-based national airline of Oman has not finalized any immediate plans for expansion in Nepal, however, it is looking at opportunities to do so in the future.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘The government cannot force us to make laminated sacks mandatory for packing cement’</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Atma Ram Murarka, President of Cement Manufacturers’ Association of Nepal (CMAN), while agreeing that the use of laminated sacks may be environment friendly it is simply not possible for the cement producers to switch their packing system from the existing woven sacks within 91 days as notified by the Ministry of Environment, Science and Technology.</span></span></p>
<p class="MsoNormal">
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">&nbsp;</span></span></p>
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	<span class="A24"><span myriad="" style="font-size:20.0pt;line-height:
115%;font-family:">‘About 30 per cent of Nepal’s population is capable of buying insurance policies’<br />
	<br />
	<img alt="binod aryal" border="1" height="243" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Binod-Aryal,.jpg" vspace="10" width="200" /></span></span></p>
<p>
	<span class="A21"><span myriad="" style="font-size:9.0pt;line-height:
115%;font-family:">Binod Aryal, Executive Director of Insurance Board (IB) of Nepal, observing that the insurance companies have only reached about 6-7 per cent population because of their unwillingness to go to the remote areas as they earn profits in the cities.</span></span></p>
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FOREX

Currency	Unit	Buy	Sell
U.S. Dollar	1	121.23	121.83
European Euro	1	131.65	132.31
UK Pound Sterling	1	142.47	143.18
Swiss Franc	1	124.29	124.90
Australian Dollar	1	71.69	72.05
Canadian Dollar	1	83.90	84.32
Japanese Yen	10	10.94	11.00
Chinese Yuan	1	17.17	17.26
Saudi Arabian Riyal	1	32.27	32.43
UAE Dirham	1	33.01	33.17
Malaysian Ringgit	1	27.36	27.50
South Korean Won	100	9.77	9.82

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Bullion

Fine Gold	1 tola	77000.00
Tejabi Gold	1 tola	76700.00
Silver	1 tola	720.00

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00