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Microfinance Victims Stage Protest At Maitighar (Photo Feature)
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On May 8, microfinance borrowers organized a demonstration at Maitighar to voice their discontent with the government’s inability to enforce an accord previously agreed upon. The protesters concluded their earlier demonstration last year following a deal with the authorities. Nonetheless, they restarted their movement on March 30. Related story Collaborative victims organize demonstration at…
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Dri Sues Construction Firm For Tax Evasion: $15 Million Lawsuit Unveiled
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On May 8, Nepal’s Department of Revenue Investigation (DRI) initiated legal action against a construction firm, seeking approximately Rs 1.2 billion as compensation for alleged tax fraud. The Directorate of Revenue Intelligence (DRI) submitted a petition valued at Rs 1.2 billion to the High Court in Patan against Dhruba Construction Pvt Ltd, a firm…
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Energy Minister Empowers New Committee To Boost Private Sector’S Role In Power Distribution – International Edition (English)
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The Minister of Energy and Green Transition, John Abdulai Jinapor, has tasked a recently established steering committee with spearheading the government’s newest initiative to introduce private-sector efficiencies into electricity distribution via a regional lease framework. During a ceremony held in Accra, Mr. Jinapor conveyed through his deputy, Richard Gyan Mensah, an appeal made via…
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Agri. Min. Urges Ppp Model To Boost Sustainable Commodity Production – International Edition (English)
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By Ebenezer Chike Adjei NJOKU Eric Opoku, the Minister of Food and Agriculture, advocates for enhanced collaboration among the government, private sector, and civil society to revamp the nation’s agricultural output while safeguarding forests. At the inauguration of the 9th regional conference for the African Sustainable Commodities Initiative (ASCI) held in Accra, Mr. Opoku…
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Gov’T Pledges Collaboration With Nlc/Ntc For Improved Working Conditions
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By Samuel SAM The government has restated its dedication to partnering with the National Tripartite Committee (NTC) and the National Labour Commission (NLC) in their joint effort toward achieving equitable salaries, favorable work environments, and social fairness for everyone. Their aim is to synchronize compensation in the public sector with effectiveness, equality, and long-term…
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Grab Targets Q2 Deal For Indonesia’S Goto Acquisition
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The U.S.-based company Grab, which operates in ride-sharing and food delivery sectors, plans to acquire its smaller competitor GoTo from Indonesia in the second quarter, according to two sources familiar with the situation. The Singapore-based company Grab has enlisted advisers for the potential transaction, according to two sources who also mentioned that the agreement…
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Uk Firms Can Bid On Govt Tenders Over Rs 200 Cr Post-Fta, Says Piyush Goyal
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In New Delhi [India], on May 8 (ANI), the Union Commerce and Industry Minister provided additional information regarding the Free Trade Agreement between India and the UK. Piyush Goyal mentioned that UK-based suppliers will qualify to bid for government contracts only if the order exceeds Rs 200 crore. The Union Minister also mentioned that…
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Sk Group Chair Apologizes For Telecom Data Breach
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On May 7, SK Group Chairman Chey Tae-won issued an apology regarding a recent cyberattack on SK Telecom that resulted in the theft of customer USIM information. This was his initial public statement about the incident, which took place 19 days prior. “I genuinely extend my apologies to all those who faced inconveniences because…
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Un: $43 Billion Needed Annually To Meet 2030 Global Goals
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By Kingsley Webora TANKEH A financing roadmap drawn by the World Bank, United Nations Development Programme (UNDP) and other United Nations (UN) agencies in Ghana shows the\xa0 need to raise about US$522billion in order to meet the Sustainable Development Goals (SDGs) by 2030. Nevertheless, if we exclude the government’s annual revenue allocation from the…