Economy
Buddha Air conducts successful Surkhet-Kathmandu test flight
SURKHET — Buddha Air has conducted successfully conducted a test frilght from Surkhet to Kathmandu on Wednesday. Surkhet is the capital of Karnali province.
A 47-seat aircraft with call sign 80 R 42 conducted direct Surkhet-Kathmandu test flight, said Chief of Civil Aviation Authority of Nepal, Surkhet, Binod Kumar Panta.
He said, “Although the aircraft conducted successful Surkhet-Kathmandu test flight, it is still to receive its report.”
Senior officer Bidhya Shah said that the aircraft made the flight at 11:00 am from Surkhet. Shah said probably Surkhet-Kathmandu regular flight would begin from April 14.
Locals of Karnali province had demanded with provincial government for operation of Surkhet-Kathmandu flight.
Keeping the demand of Karnali province folks in mind, Chief Minister Mahendra Bahadur Shahi drew the attention of the federal government for the same as well as held meetings with private airlines companies.
BIRATNAGAR— The industrialists and traders in Biratnagar have asked the government to immediately reduce the high interest rate charged by the bank and financial institutions (BFIs) from the borrowers.
They argued that the interest rate should be around seven percent for the production-based industries and up to nine percent for the trading firms.
At a programme jointly organised by Industry Association Morang and Trade Association Morang on Thursday, the business leaders drew attention of the government to that end adding that job creation for the labour force of 500,000 was not likely only from the industry and trade sectors.
Stressing the need for slashing the interest rate, they also argued the central bank should realise the reality that no bank was running out of loss. The industrialists and businesspersons said that industries and business should flourish to reduce the trade deficit, strengthen the economy and create more job opportunities.
Industrialists Bhim Ghimire, Pawan Kumar Sharda, Sushen Pyakurel, Moti Dugad and others said that bank’s interest rate should be low to increase the domestic investment and lure the foreign investment.
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