KATHMANDU: Economic Digest, a daily morning email digest, is basically a relatable summation of important business news from Nepal into easy-to-understand summaries.
Tatopani checkpoint closed again
Tatopani checkpoint has been closed again after flood and landslide following incessant rainfall encroached the Araniko highway from Jure to Tatopani.
Repair and maintenance of the encroached road section of the Araniko Highway have not been carried out as the Department of Roads did not pay attention to it.
Tatopani checkpoint closed from January 27, 2020, due to coronavirus infection in China, had come into operation again from March 29.
Goods worth millions of rupees brought through Tatopani checkpoint have been stuck at Tatopani. Chief of Tatopani Dry Port Customs Office, Lal Bahadur Khatri, said that import of goods via the checkpoint has been completely closed.
As per the data of the Customs Office, goods worth Rs 9 billion were imported through the Tatopani checkpoint in these nine months.
The goods worth around Rs 60 million have been stuck at Tatopani border point that includes health supplies, readymade clothes and agro products.
Tourism entrepreneurs demand 50% concession in power tariff
Tourism entrepreneurs have demanded a 50 per cent rebate in the power tariff, considering the impact of the Coronavirus to the tourism sector.
In a meeting with Energy Minister Barshaman Pun on Friday, the COVID-19 tourism entrepreneurs’ disaster coordination committee members said the tourism entrepreneurs are bound to pay huge sum to the Nepal Electricity Authority in demand charges.
The committee coordinator Bhabiswar Sharma Dhungana said tourism business in Thamel remained closed during the lockdown hence our demand is for a rebate of 50 per cent for at least two years since the beginning of the lockdown.
Representatives of more than two dozen travel and tourism related organizations were part of the delegation that met the Energy Minister. In response, Minister Pun expressed the commitment to discuss the matter with the concerned authorities.
(Compiled and prepared by Nitish Lal Shrestha)
Nepal Economic Digest is a daily morning email digest, basically relatable summations of the most important business news, happenings from Nepal into easy-to-understand summaries.
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