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LETTERS |
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LETTERS |
Taking Stocks Your cover story about the stock market
("Bourse Sense" SPOTLIGHT May 2) was a good read. By providing the background
information, the article was able to give in depth knowledge about the workings of capital
market in the country. The growth in this sector is one of the visible signs of how
economic liberalization has changed our market. The ups and downs of stock indices have
been viewed by Nepalese people with a degree of awe and skepticism. Though at initial they
were quite optimist, the market sense is evolving now. Krishna Ghimire Why Now? One is taken aback by the manner your
magazine has taken up the issue of stocks and capital markets at a time when the country
is engrossed in the political developments ("Bourse Sense" SPOTLIGHT May 2).
When people like us were expecting a cover story on peace talks or political partiesí
intolerant attitude, your magazine took up the not-too-urgent story of stock markets.
Though one must add that covering economic issues is a part of your responsibility, one is
inclined to question the timing. Nabindra Gautam Too Technical Though the cover story on the stock market
was good, it lacked the simple approach ("Bourse Sense" SPOTLIGHT May 2). Filled
with jargons and technicalities, the article was hard to understand for a lay person like
me. Anyway, hats off for covering the subject that had not been touched upon by other
magazines. Bikas Lama Mirror Of Economy Stock markets are considered as mirror of
national economy ("Bourse Sense" SPOTLIGHT May 2). As such, by covering the
issue of stock market, your magazine has attempted to show the reflection of how our
economy is doing. No wonder, the movement of stock indices showed such fluctuations in the
last couple of years. As stock indices are sensitive to political and social development,
any sort of disturbance and instability is likely to have a corresponding affect on its
movement. I hope the magazine gives more space to issues about stock market in the days to
come. Lava Kumar Thapa Trapped By Radicalism Nepali Congress party is slowly getting
radicalized ("Identity Crisis" SPOTLIGHT April 25). Having joined hands with
extreme leftists to launch what it calls peopleís movement, the leaders of the NC are
taking their party on the course of radicalism. From its tried and tested ideals of
socialism and economic liberalism, the centrist party is now heading towards adopting
constituent assembly and even republicanism ñ clearly the agenda of leftists. By doing
so, the party is losing it touch with the middle class people and other voters. There will
be no difference between Congress and communists, if it keeps on moving in that direction.
Whether its present course is guided by long-term strategic vision of its leaders or
merely on the basis of their whims and political expediencies still remains to be clear. Kumar Rana Clarify The Stand It is time Nepali Congress (NC) made clear
its agenda. In the last couple of months, leaders like Girija Prasad Koirala have been
making statements criticizing monarchy. If they indeed have no faith in the institution of
monarchy they must say so clearly. By giving out a statement here and a statement there,
they are indicating that they are merely using this issue to blackmail the King into
appointing them to power once again. This is a dangerous game they are playing that could
ultimately cost the country its independence and sovereignty. Janak Bista Vulnerable Talks The suspension of the introductory talks
("Harrowing Hiccups" SPOTLIGHT April 25) definitely showed how vulnerable the
peace process is, as indicated in your article. When such small misunderstandings could
affect the peace talks, everyone needs to be extremely cautious while dealing with it.
Unwarranted statements and political posturing could once again land the country in
trouble. The leaders of the political parties also must understand this reality and work
accordingly. Mohan KC Hopeful Signs The projection by ESCAP that the countryís
economy may recover in the year 2003 has come as a good news ("Toward Recovery"
SPOTLIGHT April 25). After last years' despondency, this year has come with promises of
peace and economic recovery. However, there is still a lurking fear that the peace process
could get derailed. All people from all sector should contribute whatever they can to
consolidate peace in the country. Jagdish Dhital |
Send your feedback to the
editor: spotligh@mos.com.np |
