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

NCC submits 16-point memo to govt for export promotion

CEO Tab by CEO Tab
August 16, 2022
in Prime News
0
NCC calls on government to bring stimulus package for tourism
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Representatives of Nepal Chamber of Commerce (NCC) held discussions with Secretary of the Ministry of Industry, Commerce and Supplies, Toya Narayan Gyawali, on the possibility of export promotion.

You might also like

Experts Urge NRB to Refocus on SME Financing, Sector Supervision in Upcoming Monetary Policy

Electronic Payments Soar to Rs 864 Trillion as Fiscal Year Nears End

Hydropower Stocks Surge at NEPSE Despite Bhotekoshi Flood Damage

In the discussion, NCC delegation led by its President Rajendra Malla, discussed various ways to promote the exports. The NCC also handed over a 16-point memo to promote export through productivity increase.

In the meeting with Industry Secretary Gyawali, NCC President Rajendra Malla urged to open export houses in all seven provinces. Malla said NCC would cooperate with the government to promote foreign investment and skills in the industrial sector. “If we utilise skills and knowledge gained in foreign countries in our industries, it will minimise the loss incurred in the businesses,” NCC President Malla said. He also said NCC was ready to join hands with the government for the promotion of the industrial sector.

NCC President Malla also suggested maintaining a uniform interest rate citing that the increase in industrial interest rate has increased the cost of production. Malla lamented that concessions are available only to industries consuming electric power worth Rs 100 million and opined that all the industries should be granted equal concessions for the export promotion.

Likewise, it was pointed out that the exports of Nepali goods and products were facing issues due to lack of laboratories at the Customs checkpoint. The NCC President further urged the Industry Secretary to facilitate Environmental Impact Assessment (EIA) in industries.

On the occasion, Secretary Gyawali made a commitment to take initiatives to include NCC as a member of the Industrial Promotion Board representing private sector. He informed that the government has been preparing policy arrangements for the promotion of the skills and investment of Nepali migrant workers returned from foreign countries. He asserted that the ministry was making a separate roster to deal with foreign employment. He said though we have the capacity to export goods worth Rs 900 billion, we are unable to do so.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Experts Urge NRB to Refocus on SME Financing, Sector Supervision in Upcoming Monetary Policy

by CEO Tab
July 10, 2025
0
Interest rates not to change despite high demand for loans

As the Nepal Rastra Bank (NRB) nears completion of the draft for its monetary policy for the upcoming fiscal year, financial experts and former policymakers have emphasized the...

Read more

Electronic Payments Soar to Rs 864 Trillion as Fiscal Year Nears End

by CEO Tab
July 10, 2025
0
Digital payments deal would ease cross-border payments

With just days left in the current Fiscal Year 2024/25, electronic payments in Nepal have surged dramatically, continuing a pattern of year-end financial activity fueled by government disbursements,...

Read more

Hydropower Stocks Surge at NEPSE Despite Bhotekoshi Flood Damage

by CEO Tab
July 10, 2025
0
Successful test of power production by Upper Syange project

A day after severe flooding in the Bhotekoshi River damaged several hydropower projects, energy-related companies dominated the top gainers list at the Nepal Stock Exchange (NEPSE) on Wednesday....

Read more

Flood in Bhotekoshi River Wreaks Havoc on NEA Hydropower Projects, 250 MW Cut from National Grid

by CEO Tab
July 10, 2025
0
Rasuwagadhi hydropower to start production by October

The Nepal Electricity Authority (NEA) has confirmed extensive damage to multiple hydropower projects following a devastating flood in the Bhotekoshi River early Tuesday morning, resulting in a major...

Read more

Govt Doubles Health Insurance Coverage to Rs 200,000 for Serious Illnesses Starting July 17

by CEO Tab
July 9, 2025
0
Life Insurance Sees Surge as Bank FD Rates Drop

The Government of Nepal has announced a significant expansion in its national health insurance program, doubling the coverage limit to Rs 200,000 per person. The new provision will...

Read more
Next Post
NRN allowed an opening bank account in Nepal for $1000

Remittances inflow crosses Rs 10 billion in FY 2078/079

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.