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

Preparations on for management contract of NAC

CEO Tab by CEO Tab
January 24, 2024
in Prime News
0
Nepal Airlines begins commercial flight from GBIA

Nepal Airlines Corporation's 158-seater aircraft at Gautam Buddha International Airport in Bhairahawa, Rupandihi district, on Tuesday, June 15, 2023. Photo: RSS

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The government is preparing to opt for management contract of the national flag carrier Nepal Airlines Corporation (NAC).

You might also like

Nepal Rastra Bank Eases Foreign Currency Rules for Students Studying Abroad

Nepal and India Launch Cross-Border Digital Payment System

Nepal Earns Rs 1.26 Billion as Spring Mountaineering Season Concludes

Minister for Culture, Tourism and Civil Aviation Sudan Kirati said that processes have been advanced for the management contract of the NAC for its restructuring. At a meeting of the International Relations and Tourism Committee of the House of Representatives (HoR) on Tuesday, Minister Kirati said, “We are preparing to go for this system as we are required to embrace management contract of Corporation’s restructuring.”

The Ministry has already sent a proposal for management contract at the cabinet. “A decision will be held soon on this agenda,” he shared. Minister Kirati argued that reforms in the NAC were inevitable through management contract based on the studies and recommendations from the stakeholders. Since the management contract modality has generated good results in different countries, this model could be appropriate in Nepal too, he claimed.

On the occasion, Minister Kirati shared that the Ministry has drawn a conclusion that the NAC cannot be run in the existing situation and the plans were prepared to run the organization by bringing about structural reforms. On the occasion, lawmaker Udaya Shumsher JBR said that the NAC’s presence should be made robust in the international market even by adding more aircrafts.

Likewise, lawmaker Dr Dhawal Shumsher JBR said that the NAC’s management contract was appropriate but it should advance only on the basis of relevance. However, lawmaker Prem Suwal opposed the idea of management contract of NAC and called for all to become responsible to reform the existing status of NAC.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal Rastra Bank Eases Foreign Currency Rules for Students Studying Abroad

by CEO Tab
June 10, 2026
0
Nepal Rastra Bank Eases Foreign Currency Rules for Students Studying Abroad

The Nepal Rastra Bank (NRB) has relaxed foreign exchange regulations for Nepali students seeking higher education abroad or those already enrolled in overseas institutions. Through a unified circular,...

Read more

Nepal and India Launch Cross-Border Digital Payment System

by CEO Tab
June 10, 2026
0
Nepal and India Launch Cross-Border Digital Payment System

Nepal and India have officially launched their long-awaited cross-border digital payment system, with National Payments Corporation International Payments Limited (NIPL) and Nepal Clearing House Limited (NCHL) jointly rolling...

Read more

Nepal Earns Rs 1.26 Billion as Spring Mountaineering Season Concludes

by CEO Tab
June 10, 2026
0
Nepal Earns Rs 1.26 Billion as Spring Mountaineering Season Concludes

Nepal's spring mountaineering season has officially concluded, with a total of 1,195 domestic and foreign climbers obtaining permits to scale 31 peaks, including Mount Everest, the world's highest...

Read more

Flydubai Secures Approval for Daily Pokhara–Dubai Flights from September

by CEO Tab
June 10, 2026
0
Flydubai Secures Approval for Daily Pokhara–Dubai Flights from September

Flydubai has received approval to operate direct flights between Pokhara and Dubai, paving the way for regular international air connectivity from Pokhara International Airport. According to Pokhara International...

Read more

Hetauda Cement Industry Grapples with Financial Crisis Amid Funding Shortages

by CEO Tab
June 9, 2026
0

The state-owned Hetauda Cement Industry is facing a severe financial crisis due to the lack of sustainable financial resources, making it difficult to purchase coal on time and...

Read more
Next Post
Ncell & Samsung introduce attractive collaboration on the launch of Galaxy S24 Series

Ncell & Samsung introduce attractive collaboration on the launch of Galaxy S24 Series

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.