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TIA to operate services for 21 hrs daily from upcoming mid-May

Gorkha Post

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KATHMANDU — Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari has said that the Tribhuvan International Airport (TIA), the only international airport in the country, would be operated for 21 hours daily.

In an interaction organized by the Nepal Tourism Infrastructure Development Council here in the Ministry on Tuesday, Minister Adhikari shared that the Ministry was preparing to operate the TIA for 21 hours daily from upcoming mid-May.

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He added that the move was targeted to lessen air traffic pressure as the TIA is facing acute air traffic pressure as of late.

He added that though he was planning to operate 24 hours services in the TIA, it takes time to this effect. He also shared that night flights currently available from Kathmandu to Dangadhi will be extended to Bhadrapur of Jhapa in the near future.

Experts in tourism and culture sectors suggested Minister Adhikari to adopt effective plans and programmes for the development of these sectors.

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Economy

Business community demands slash in interest rate

Pratigya Waiju

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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.

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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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