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Maoist leader ends hunger strike Tuladhar was one of the human rights activists who mediated between the
Home Minister and striking Maoist leader Yadav. The government has been flexible towards Maoists, as the rebels have
halted their all offensive activities and established contact with the government for
a peace deal to end the insurgency.
Human error was the cause of two crashes last year that claimed the
lives of 25 persons, including three crew members, probe reports
released Wednesday said. RNAC board to consider suspension of Europe flights The board of Royal Nepal Airlines (RNAC) will meet this week to consider an executive decision to suspend flights to Europe and Dubai from September 2 at the beginning of the peak tourist season, an aviation source said. Nepal's state airlines flies to Frankfurt, Paris and London in Europe. The Hotel Association of Nepal (HAN) has flayed the decision. The "shocking decision" will adversely affect the hotel industry, a HAN statement said. The suspension of flights comes after RNAC decided to prematurely terminate a lease for an aircraft with China Southwest Airlines two months ahead of its expiry on Sept 27 leaving the airlines only two aircraft to operate its international sector. The lease with CSWA is being terminated from Sunday, a source said. Financially strapped RNAC has agreed to pay CSWA dues in installments by December this year while terminating the agreement. RNAC earlier annulled its controversial lease with Austria's Lauda Air. The decision also comes following declining tourist arrivals. Overall tourist arrivals declined by an unprecedented 56.83 percent in June as Indian arrivals fell by 72.48 percent during the same period. nepalnews.com be Aug. 2. New Chinese ambassador to Nepal appointed Wu Cong Yung has been appointed new Chinese ambassador to Nepal, the People's Review said Thursday quoting a Chinese embassy source. Wu is consul general at the Chinese embassy in Japan. nepalnews.com be Aug.2 NTB extends festival to attract Indians The Nepal Tourism Board (NTB) has extended by another two months the Nepal Festival of Life (NFL) promotional campaign to attract Indian tourists after the three month campaign ended Tuesday. The NTB started the campaign in India after arrivals started declining following the Christmas eve 1999 hijacking of an Indian Airlines Airbus by suspected Kashmiri militants while on a regular flight to New Delhi from Kathmandu. The arrivals dipped by an unprecedented 72 percent in June after the June 1 carnage at the Narayanhiti Royal Palace in which King Birendra and Queen Aishwarya were killed. The NFL gives Indian visitors discounts and incentives at hotels, restaurants and shopping malls, among other things. nepalnews.com br Aug.2 The French bank Credit Agricole Indosuez Wednesday became the second foreign bank to withdraw from Nepal, a banking source said. The bank announced its decision to sell its 50 percent stake to a Nepali group at a meeting of the board of directors. Prithvi Pandey, a former promoter of the Himalayan Bank, bought the shares at Rs.296 million. The French bank withdrew from Nepal citing worsening economy even as Finance Minister Dr.Ram Sharan Mahat earlier this year announced a policy change to give majority share holdings to foreigners in joint venture banks to attract foreign investments. Rashtriya Banijya Bank and Beema Sansthan own 15 percent stake each in the joint venture bank while the general public holds 20 percent stake. The Bank of Siam became the first foreign bank to withdraw from Nepal as it sold its state in the Bank of Kathmandu to Nepalis citing internal feud amongst promoters. nepalnews.com br Aug.2 Seven persons died on the spot when a truck fell off a mountain road near Sahajpur in Kailali district Monday night, police said. The truck was plying between Dhangadi and Dipayal. Bad weather is hampering a rescue effort, police said. nepalnews.com br Aug. 1 Two Japanese smuggling beetles arrested Two Japanese illegally smuggling expensive beetles to Japan were arrested Sunday, police said. The arrested were identified as Shiyiji Kabae and Kiyoshi Girohi. They were apprehended with 271 beetles. They were arrested as they were boarding a RNAC flight for Osaka. Two Japanese were arrested last year for illegally collecting beetles that fetch thousands of dollars in the international market but are easily and cheaply available in Nepal. nepalnews.com be Aug.1 |
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