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Metropolis Reality Forums « "We are happy to announce »

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"We are happy to announce
« on: Aug 12th, 2018, 8:22pm »		 Quote Quote Modify Modify

 
KATHMANDU， Dec. 27 (Xinhua) -- Nepal's key manufacturing industries ran at an average of 48.2 percent of their capacity in the fiscal year 2015-16 as the Himalayan nation suffered prolonged border blockade in the year， Nepal's central bank said.
 
 
Nepal Rastra Bank (NRB)， the central bank of the country， said the capacity utilization of major industries suffered downturn in the last fiscal year that ended in mid-July against the average capacity utilization of 52.7 percent in the previous fiscal year 2014-15.
 
 
According to the latest study report released last week， Pashmina， noodles and electric cable manufacturing industries saw the highest capacity utilization while industries producing rice， iron and steel and soft drinks ran at their lowest capacity during the review period. A total of 23 products based industries were studied to see their capacity utilization.
 
 
The central bank said that the capacity utilization of the industries suffered in the last fiscal year as they faced shortage of essential fuel and raw materials which resulted from four and half months' blockade imposed by India amid concerns about political unrest in Nepal's southern plain over the country's new constitution.
 
 
Most of Nepal's major industries have been established in southern plain because of proximity with India so that they could easily import raw materials as well as export finished goods.
 
 
"Some industries were also affected by deadly earthquake of April 2015，" states the report. "In the aftermath of earthquake， demand for goods other than essential ones also decreased creating less demands overall in the aftermath of the earthquake affecting the capacity utilization of the industries."
 
 
Nepalese industrialists say that most of the industries were virtually closed during the blockade which resulted in low capacity utilization.
 
 
"The number of working days in Nepal is far less than other countries because of more holidays and occasional strikes by different political groups，" said Pashupati Murarka， president of Federation of Nepalese Chambers of Commerce and Industry (FNCCI)， the apex private sector body of Nepal.
 
 
"Our working days are just 280-285 days in a year against 330 days in many other countries."
 
 
He however said that things have improved this fiscal year because of improvement in power supply and reduced incidents of strikes as well as lifting of blockade.  
 
 
NEW DELHI Air Jordan 11 Low Pas Cher , June 17 (Xinhua) -- At least three people were killed and four others injured in a road accident in the western Indian state of Rajasthan, a senior police official said Saturday.
 
 
"The accident happened late Friday night when a car in which the victims were travelling collided head-on with a truck coming from the opposite direction in the state's Bichhwal area," police officer Rajendra Singh said.
 
 
While three occupants of the car died on the spot in the impact of the collision, those injured have been admitted to PBM Government Hospital.
 
 
The victims, all residents of a nearby village, were returning home from work when the accident occurred, the official said.
 
 
Though eye-witnesses said the truck was travelling at high speed, a probe has been ordered into the incident, the official said, adding that efforts are also on to track down the truck driver who fled the spot after the accident, leaving the vehicle behind.
 
 
India has the highest number of road fatalities in the world. Road accidents often occur due to poor driving or badly maintained roads and vehicles.  
 
 
First freight train from China's Changsha arrives to Budapest
 
 
London fire protesters storm city hall
 
 
In pics: Mount Jiuhua Buddha College in E China
 
 
Scenery of renovated Daijiahu lake park in China's Hubei
 
 
Students graduate from Civil Aviation University of China
 
 
Wetland scenery amongst morning mist along Wusuli River in NE China
 
 
Snow leopards seen in SW China's Sichuan
 
 
China successfully tests near-space flight of largest solar drone
 
 
BEIJING, Sept. 25 (Xinhua) -- China's treasury bond futures closed higher on Monday, with the contract for settlement in December 2017 up 0.09 percent at 97.64 yuan (about 14.8 U.S. dollars).
 
 
The contract for settlement in March 2018 closed 0.11 percent higher at 97.82 yuan. The contract for settlement in June 2018 had no trading.
 
 
The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on and profit from the movements in the value of the bonds.
 
 
The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange and started trading on Sept. 6, 2013.  
 
 
(This article is generated by Xinhua News Robot.)
 
 
Workers set up large flower terrace on Tian'anmen Square in Beijing
 
 
Scenery of high-speed rail networks in south China's Guangxi
 
 
Military drill held near Turkish-Iraqi border in Sirnak
 
 
Autumn scenery of paddy fields in SW China's Guizhou
 
 
In pics: paddy fields across China
 
 
Scenery of high-speed rail networks in south China's Guangxi
 
 
Autumn scenery of Kanas scenic area in NW China's Xinjiang
 
 
10th Pink Ribbon Charity Walk held in Switzerland
 
 
KAMPALA, Dec. 23(Xinhua) -- The Confederation of African Football (CAF) has appointed two Ugandans to be part of the technical team of the 2016 Africa Nations Championship (CHAN).
 
 
"We are happy to announce that two of our officials will be part of the tournament to take place in Rwanda. This is a sign that we are doing well and getting more people exposed at international level," Ahmed Hussein, the Uganda FA spokesman said on Wednesday.
 
 
Mark Sonko will officiate as an assistant referee, while Edgar Suubi Watson will be part of the technical study group.
 
 
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