CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Tea entrepreneurs warn of shutting down factories

CEO TAB by CEO TAB
June 27, 2019
in Prime News
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Ilam, June 27: Tea entrepreneurs of Suryodaya municipality in the district have announced to close the tea factories, saying they could not provide minimum wages to workers as determined by the local government. Arguing they could not make any income from tea business if they provide the minimum wage determined by the local government, they warned of shutting down the factories from Thursday.

You might also like

Gold Price Hits All-Time High in the Domestic Market

Foreign Employment Information System Integrated with National Identity Management Information System (NIDMIS)

NRB to Invest Rs 3.3 Billion from Grant and Pension Fund in Banks and Financial Institutions

The tea factories associated with Suryodaya Tea Association said they had not got any support from government side, so had compulsion to invest themselves. Issuing a press release, the tea entrepreneurs said they had been facing problems as they were not able to return investment.

A certain level of quality should be maintained in tea by the tea farmers, collectors and industrialists, according to a procedure endorsed by a meeting attended by tea industrialists and farmers. Udaya Chapagain, former president of the Himalayan Orthodox Tea Producers Association, said minimum wages set by the municipality could not be implemented as it is.

“Neighbouring countries have a provision of their government to bear 15 to 20 percent production cost. When our government will create such environment,” he asked. Tea sector could not improve until the government facilitated farmers and tea estates to produce and find the market for their products, he said. He further shared that the country has 108 big tea industries and gardens across the country (including 16 in Ilam, 69 in Jhapa and 6 in Dhankuta districts) according to Nepal Tea and Coffee Development Board.

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Gold Price Hits All-Time High in the Domestic Market

by CEO Tab
October 14, 2025
0
NRB sells gold and silver coins for upcoming Tihar

The price of gold in the local market has once again reached a new record high. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold...

Read more

Foreign Employment Information System Integrated with National Identity Management Information System (NIDMIS)

by CEO Tab
October 14, 2025
0
DoFE halts online service

The Foreign Employment Information Management System (FEMIS) has now been integrated with the National Identity Management Information System (NIDMIS), operated by the Department of National ID and Civil...

Read more

NRB to Invest Rs 3.3 Billion from Grant and Pension Fund in Banks and Financial Institutions

by CEO Tab
October 14, 2025
0
Interest rates not to change despite high demand for loans

Nepal Rastra Bank (NRB) has decided to invest Rs 3.3 billion from its Grant and Pension Fund in banks and financial institutions. According to a notice issued by...

Read more

Minister Ghising and South Korean Ambassador Discuss Hydropower, Green Hydrogen, and Employment Cooperation

by CEO Tab
October 14, 2025
0
Kulman-Ghising

Minister for Energy, Water Resources and Irrigation, Physical Infrastructure and Transport, and Urban Development Kulman Ghising held a courtesy meeting with South Korean Ambassador to Nepal Park Tae-young...

Read more

Real Estate Transactions in Nepal Plummet Further After Gen Z Movement

by CEO Tab
October 14, 2025
0
Real Estate Transactions in Nepal Plummet Further After Gen Z Movement

Nepal’s real estate market, which had already been slowing since the start of the current fiscal year (FY 2025/26), has witnessed a sharper decline following the Gen Z...

Read more
Next Post

Nepal Stock Exchange sheds 2.78 points

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.