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Mind our business


The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) invited Prime Minister Sher Bahadur Deuba over to tell him how bad things were for business. Deuba said he was willing to help and that he'd amend labour laws. But the FNCCI's 22-point list is more wide-ranging and asks that government:
. Guarantee industrial security
. Ban strikes, bandhs and other disruptions
. Give the FNCCI the power to hire and fire workers, and make other changes in labour law
. End extortion and forceful donations (by Maoists and other political parties)
. Hurry up with help for sick industries
. Reduce visa fees and introduce multiple entry permits
. Get banks to reschedule loans and interest repayments
. Implement the duty-drawback re-payment scheme announced in the budget
. Promptly refund the Value Added Tax owed to garment exporters
. Provide special security to distilleries and breweries
. Exclude old bank loans from the central bank's loan recovery directives
. Provide immunity to old borrowers.


LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


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