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Weekly Round Up (13 - 19 January 2014)

  3 min 25 sec to read

Joshi Elected President of Chitwan Chamber
Chitwan businessman Kalyan Joshi was elected the president of the Chitwan Chamber of Commerce on Jan 15 for a term of two years from the 17th General Assembly of the Chamber. The results of the election, which was held on January 14, were announced on January 15 morning. Joshi secured 933 votes while his rival Shree Bhakta Achyut Wagle received only 426 votes in the election. Elected in Joshi’s team as the senior vice-president is Sohan Lal Pradhan. Chum Narayan Shrestha, Raju Shrestha and Chiranjibi Subedi have been elected as vice-presidents from Commerce, Industry and Commodity sectors respectively. Joshi, who was the senior vice president of the outgoing board, says that his work will be in line with the vision and mission of the Chamber.
 
Four New ISPs in Market
Four new companies have been given the go-ahead to operate as internet service providers (ISPs) raising their total number to 45. According to the Nepal Telecommunications Authority (NTA)., My Net and Lumbini Net obtained fresh permits from the NTA while Mega Broadcast and Otel Communications bought the licences held by existing ISPs, Everest Net and Zentech International, respectively. The four entrants have joined the market when demand for data services is increasing and two major telecom operators, Nepal Telecom and Ncell, are keeping a firm grip on the top slots. My Net is based in Dharan of Sunsari district while Lumbini Net is based in Tansen, Palpa. As per the NTA’s latest Management Information Report, it has also issued Rural ISP licences to two companies, Pico Soft in Pokhara and Syangja Internet in Syangja to provide internet services in their localities. NTA charges Rs 300,000 for the ISP license, which allows service operation nationwide. The charge for Rural ISP license, which allows operation in only one village development committee, is set at Rs 100.
 
Tourism Workshops by PATA
PATA (Pacific Asia Travel Association) Nepal Chapter organsied workshops on Modern Destination Marketing Management and Writing Winning Proposals in the capital on Thursday. Simultaneously, it launched PATA Students’ Chapter Nepal and Friends of PATA Media Pool. Some 205 participants from tourism Industry that includes hotels, travel agencies, various tour operators, and the media fraternity and business institutions actively participated in the workshop that was set in motion by Subash Niroula, CEO of Nepal Tourism Board at Nepal Academy of Tourism and Hotel Management (NATHM), Rabi Bhawan on January 13.
 
Project Reports for Sunkoshi II
The government is due to start the preparations of the detailed project report (DPR) of Sunkoshi II hydropower project, the country´s largest hydropower project. The 1,111 MW reservoir-based project would be situated in the border area of Ramechhap and Solukhumbu districts. According to information officer at the Department of Electricity Development, Gokarna Raj Pantha, preparations for carrying out the DPR have been completed. “We will soon call for bids,” He said. The Asian Development Bank has already provided Rs 2.9 billion to prepare the DPR of the project.
 
SAARC Ministerial Meet Ends
The fifth meeting of the commerce ministers of the South Asian Association for Regional Cooperation (SAARC) member countries concluded in New Delhi, India on Friday (January 17). The two-day meeting focused on ways to bring economic prosperity to the region through trade, according to the Ministry of Commerce. A Nepali delegation led by Minister for Finance and Commerce Shanker Prasad Koirala participated in the meeting. The delegation comprised Commerce Secretary Madhav Prasad Regmi and Joint Secretaries Nawaraj Bhandari, Begendra Sharma Poudel and Toya Narayan Gyawali. Commerce Ministers of Nepal, India, Afghanistan, Bhutan, the Maldives, Pakistan and Sri Lanka took part in the meeting. Representatives of chambers of commerce and industry of the SAARC region also attended the meeting.

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