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kathmandupost Coldest: Jumla: 16.5°c Hottest: Nepalgunj: 36.6°c Temperature: Max: 30.5°c Min: 21.0°c the capital edition l kathmandupost.ekantipur.com printed simultaneously in kathmandu, biratnagar, bharatpur and nepalgunj Stand Price rs 5.00 Friday,July 8, 2016 (24-o3-2073) N E PA L’ S L A R G E S T S E L L I N G E N G L I S H D A I LY Vol XXIV No 141 | 12+4 Pages page 9 page 5 page 12 money GoT’s season seven delayed 8,400 US troops to remain in Afghanistan till 2017: Obama Serena storms into ninth Wimbledon final Hopeful fuel importers apply for permission Life & style world sports Swollen Bhotekoshi forces 100 families to flee POST REPORT SINDHUPALCHOK, JULY 7 As many as 100 families of the Tatopani area, a major transit point between Nepal and China, have fled their settlements in search of safer locations after the Bhotekoshi river swollen by incessant rainfall caused massive land erosion. According to police, people living near the banks of Bhotekoshi and Sunkoshi rivers are at high risk. The Jure-Tatopani stretch of the Araniko Highway has been obstructed after road sections at various parts were swept away by the flood in the Bhotekoshi river. Locals said the flooded Bhotekoshi river has been massively eroding land in the Khorsanibari area along the Araniko Highway. Bishnu Prasad Shrestha, a local of Tatopani, said local authorities should take immediate measures to save lives and properties. Armed Police Force (APF) DSP Manoj Thapa said land erosion in Tatopani and Liping due to the swollen river continued on Thursday as well. At least 25 houses were swept away by flash flood in the Bhotekoshi river due to rains since Tuesday night. Koirala taken off ventilator ‘Showing signs of improvement’ POST REPORT KATHMANDU, JULY 7 n The Miteri bridge, which links Nepal with China, in Tatopani of Sindhupalchok district is on the verge of collapse after massive land erosion on Thursday. post photo Doctors on Thursday afternoon took Nepali Congress General Secretary Shashank Koirala off the ventilator after he showed signs of improvement. Dr Harish Joshi, medical director of Om Hospital, said ventilator support on which Koirala was put since Tuesday night has been taken off. Even though his condition is critical, he is gradually showing signs of improvement, said Dr Joshi. “His organs are functioning much better than yesterday and this is a good sign,” added Dr Joshi. A statement issued by the hospital at 6pm stated that his vital signs were also improving and he was responding to verbal commands since Wednesday night. Koirala was rushed to Om Hospital on Tuesday night after he complained of abdominal discomfort and shortness n Shashank Koirala of breath. Doctors attending to him had said on Wednesday that Koirala suffered “multiple organ dysfunction”, primarily due to aspiration pneumonia, a condition caused when food and other substances are inhaled. The doctors on Thursday said they had gradually decreased the amount of drugs that were being administered to Koirala. “Despite signs of improvement, he is still not out of danger and is under the close supervision of a group of consultants,” the press release issued by the hospital added. Oli proposes fresh deal on power sharing, urges NC to join govt POST REPORT KATHMANDU, JULY 7 While calling on the Nepali Congress (NC) to join the government, Prime Minister KP Sharma Oli has also proposed a fresh power-sharing agreement in a bid to forge national consensus among the major parties. The proposal was made during his meeting with the NC President Sher Bahadur Deuba and CPN (Maoist Centre) Chairman Pushpa Kamal Dahal. During the meeting, PM Oli stressed that there was no alternative to national consensus to implement the constitution, expedite post-earthquake reconstruction and lead the country towards economic prosperity. “There is no alternative to strengthening the incumbent government. The NC should either join the government or play a constructive role as the main opposition,” Bishnu Rimal, chief political adviser to PM Oli, quoted the prime minister as saying during the meeting. [ There is no alternative to strengthening the incumbent government. The NC should either join the government or play a constructive role as the main opposition PM Oli to Deuba and Dahal Thursday’s meeting, however, ended without arriving at any conclusion after Deuba said he would discuss PM Oli’s proposal with his partly leaders. Dahal, who has long been making a pitch for national unity government, appeared convinced about a fresh deal on power sharing. Earlier this week, the governing CPN-UML had floated an informal proposal of government leadership on rotational basis by three major parties until three elections— local, provincial and federal parliament—are held in the next 18 months. Oli has proposed to remain in power till the local elections which have been announced for December. Thursday’s meeting [ between Oli, Deuba and Dahal followed CPN (Maoist Centre)’s decision to “make maximum efforts” for national consensus. Maoist Centre’s politburo meeting, which concluded in the Capital on Thursday, has decided to “make maximum efforts” to forge national consensus. “Our party will continue to make efforts to forge consensus among the major parties for national unity government,” said Mani Thapa, a member of the nine-member headquarters of the Maoist Centre. “If that fails to materialise, we will make a new alignment with the party that we find closer to our agenda.” Last week, the Maoist Centre had decided to remain open to the possibility of a majority government. But the Maoist leadership seems to have taken a step back following veiled threats from PM Oli that he would support the NC if he was forced to step down without proving the significance of another majority government. During his meeting with Maoist Centre Chairman Pushpa Kamal Dahal on Saturday, Oli had hinted at supporting the NC if the Maoist Centre broke the left coalition. Sources at the Prime Minister’s Office said Oli had asked Dahal “on what moral grounds the third largest party was trying to break the alliance to replace the incumbent government with a “If majority government”. you are prepared to break this coalition, I suggest you not to delay the decision. It doesn’t sound good when you say one thing to me and tell something else while speaking with others,” a PMO source quoted Oli as telling Dahal during Saturday’s meeting. ‘Korala border to open within a year’ BINOD TRIPATHI MUSTANG, JULY 7 The government has taken initiatives to open the muchhyped Korala border point in Mustang district. The authorities started preparations to upgrade the PokharaKorala road and set up a Nepal Army (NA) barracks as well as a border out post in Korala area. The government will soon hold talks with China and open the border point within a year, a high-level government team, which included three deputy prime ministers (DPM), said on Thursday after an inspection visit of Korala. DPMs trio Bijaya Gachhadar, Bhim Rawal and Top Bahadur Rayamajhi, State Minister for Finance Damodar Bhandari, former n DPMs Bijaya Gachhadar, Bhim Rawal and Top Bahadur Rayamajhi with other officials at Korala in Mustang. Post Photo: binod tripathi prime minister and senior CPN-UML leader Madhav Nepal, among others, were on the inspection tour. The Korala border point will be opened permanently like Kerung and Tatopani points, the DPMs told a press meet in Jomsom. “A government team will visit Beijing soon for talks with the Chinese authorities.” “A survey has been done to set up an Army barracks in around 1,000 ropanis of land,” said DPM Rawal, who also holds the portfolio of the Defence Ministry. “The Defence Ministry will propose the necessary budget to the Finance Ministry for establishing the barracks.,” Rawal said, adding, “We will assure China that it will be a peaceful border point.” The government has prioritised the construction of roads connecting northern border points. The roads on the priority list include MustangBiratnagarKorala; Kimathanka; the Karnali corridor connecting Hilsa;, Galchhi-SyaphrubeshiRasuwa g adhi and Kathmandu-Tatopani. Underlining Korala as the third most important border point, DPM Gachhadar said, “The government has allocated Rs4 billion to upgrade and construct road from Pokhara to Korala.” Gachhadar, who is also the minister for physical planning, enquired about the Kaligandaki corridor with Madhav Kumar Karki, director general of the Department of Roads. C M Y K 03 thekathmandu post news Friday, July 8, 2016 House hearing begins today Chief election commissioner nominee to be quizzed today, Acting CJ Karki on Sunday NC’s Khadka reminds Deuba ‘of his pledges’ Sarin Ghimire POST REPORT Kathmandu, July 7 Kathmandu, July 7 The Parliamentary Hearing Special Committee (PHSC) is set to begin on Friday hearing on complaints against nominees for constitutional bodies, diplomatic missions and justices. On Friday, Chief Election Commissioner nominee Ayodhee Prasad Yadav will respond to parliamentarians’ queries and clarify on complaints filed against him. Justice nominee Chief Sushila Karki will attend the hearing on Sunday. As many as 34 nominees are set to undergo parliamentary hearing before they are formally appointed to their respective posts. A new 15-member hearing committee was formed on June 19 as per the provision of the new constitution. The ruling parties and the main opposition were at the loggerheads for about nine months following the constitution promulgation over the number of members in the newly formed committee. The last PHSC had 75 members. “Since we have a small com- Nepali Congress President Sher Bahadur Deuba is facing the music for failing to adhere to his pledges made while garnering support during the party’s general convention in March earlier this year. NC leader Khum Bahadur Khadka called on Deuba at the latter’s residence in Budhanilkantha on Tuesday evening, where the duo discussed current political affairs, party matters and the remaining nominations to the central committee and office bearers, among others, confirmed lawmaker Shankar Bhandari, a leader from Tanahu considered close to Khadka. During the meeting, Khadka urged Deuba to work towards improving the organisational structure of the party, and demanded that the party president give Khadka his “due respect and nominate n Members of the Parliamentary Hearing Special Committee meet in Singha Durbar on Thursday. mittee, our discussion with the nominees will now be more specific and serious. We will also have more time to ask the nominees our queries and about the complaints filed,” said NC leader Bal Krishna Khand, a member of the committee. Two complaints have been filed against Yadav—one from Siraha about a writ filed against him at the Supreme Court so he should not be nominated, and the other filed by a person from Ramechhap claiming that since Yadav has long been involved in the EC, he might be able to influence other office bearers and the overall election process. Forty plaints were registered with the committee Photo: RSS against the nominees within a 10-day deadline. The hearing committee on June 24 called for complaints from the general public against the nominees for the chief election commissioner, the chief justice, 11 justices and 21 ambassadors. The low number of complaints was largely due to the mandatory provision for the MPs’ team to visit India to learn about disaster response Kathmandu: A Nepal Airlines aircraft made an emergency landing at the TIA on Thursday morning after being hit by a bird immediately after take-off. Security sources at the airport confirmed the incident and said that the aircraft safely made it back to the airport’s runway without any further incident. The plane was flying to Hong Kong. There were over 100 passengers and crew members on board the Airbus A320. The NAC arranged for another plane to fly the passengers to the destination. (PR) NEW DELHI, JULY 7 A 13-member delegation of the Development Committee of Parliament is embarking on a weeklong visit to India beginning Friday. As the rebuilding process has been delayed, team to study the preparations made by India to tackle all kinds of natural disasters n Ten members of the parliamentary Development Committee are leaving for India on Friday. tives of the National Disaster Management Authority on a wide range of issues related to disaster preparedness and management. The team will also interact with Indian parliamentarians. After complet- ing its meeting in Delhi, the team will head to Gujarat to observe the reconstruction and recovery works undertaken after the massive earthquake of 2001. “As we are going through a him as the party’s vice-president for his support to Deuba” during the party conclave in which the three-time prime minister came victorious with a wide margin. According to Bhandari, Deuba in response assured Khadka that he was committed to the past agreements made between the two. “Our president explained that due to parliamentary works, the heavy aspirations of several leaders and his duty to carry along the defeated faction, it has taken some time to consider everyone while making nominations for office bearers,” said Bhandari. Khadka, one of the influential leaders in the party, is leading a campaign to restore Nepal as a Hindu state. He was elected to the central committee with the second highest number of votes during the general convention. But a leader close to Deuba claimed that the party president was wary of the consequences of nominating a person with a tarnished image. “We advised him to refrain from taking such controversial calls since Khadka has already served a jail term,” the leader said on condition of anonymity. In 2012, Khadka lived behind the bars for one-a-half years after being convicted of corruption by the Supreme Court. Bhandari, however, clarified that the “agreement” between Deuba and Khadka was still effective and there was “no bitterness between them”. As per the party statute, all nominations were supposed to be made within two months of the general convention that concluded on March 7. Emergency NAC plane landing after bird-hit POST REPORT The delegation constitutes 10 lawmakers and three officials of the Parliament Secretariat. The delegation will hold discussions with various agencies of India on preparations necessary to tackle natural disasters and on works related to post-earthquake reconstruction and recovery. The committee will hold meeting with the representa- complainants to reveal their identity, unlike in the past when an anonymous person could file a complaint, the committee member said. Although the government had made the recommendations over a month ago, their appointments were halted in the absence of parliamentary hearing—a constitutional requirement. Khum Bahadur seeks ‘due respect and nomination for Congress vice-president in return for help to Deuba’ RSS phase of reconstruction, the parliamentary team will study the preparations made by India to tackle all kinds of natural disasters,” said committee Chairman Rabindra Adhikari. Preps to give final shape to Pancheshwar DPR by Oct Rastriya Samachar Samiti Kathmandu, July 7 Preparations are being made to give final shape to the detailed project report of the Pancheshwar Multipurpose Project by October. It was agreed during the fourth joint meeting of the Energy Secretaries of Nepal and India that concluded on Wednesday to give the DPR its final shape and finalise all other remaining issues, said Mahendra Bahadur Gurung, chief executive officer of the Pancheshwar Development Authority. According to him, an agreement was also reached to hold the secretary-level meeting every three months. The joint meeting prepared the basis for sharing the benefits and costs between Nepal and India on the project and for deciding the use of technology, inundation, rehabilitation and additional matters to be addressed. The Pancheshwar project that had been stalled for the last 23 years moved forward after Indian Prime Minister Narendra Modi’s visit to Nepal. Four joint meetings on the project DPR have been held so far. “The decision of the fourth meeting will be formalised within two weeks,” Gurung said. The Authority has projected to generate a total of 5,040 megawatts electricity from the project. Of this projected power, 4,800MW would be generated from the Pancheshwar project and 240MW from the Rupaligad project. The project will produce 11,885 gigawatts/ hour annually. C M Y K news Friday, July 8, 2016 thekathmandu post 04 post-quake reconstruction Banks to disburse aid to cluster settlements POST REPORT KATHMANDU, July 7 The National Reconstruction Authority (NRA) has assigned one bank each for a group of several villages and municipalities to ensure swift and easy distribution of housing reconstruction aid. The NRA has also formed clusters, comprising banks and financial institutions operating in each of the 11 earthquake affected districts for the purpose. “The Authority has clustered the banks and financial institutions operating in each affected district and divided the work responsibilities. Each bank or financial institution will look after specific number of villages and municipalities,” said Ram Prasad Thapaliya, spokesperson for the NRA. Each banking and financial institution in each district will look after a certain num- n The NRA has assigned one bank each for a group of several villages and municipalities to ensure hassle-free housing aid distribution. ber of wards/villages/municipalities to ensure that all the areas are covered and no one is left out, he added. The NRA has also made arrangements for opening bank accounts of the beneficiaries of the rebuilding aid in bulk at the local level without the presence of the respective beneficiary. “This will be possible through the personal information collected by the NRA during the assessment. They will be forwarded to the respective banks and financial institutions to carry out further works to open bank accounts,” Thapaliya said. In order to expedite the distribution of reconstruction aid to the affected households, the NRA has already decided to extend assistance through opening branchless services, including cash counters and rotational camps, in places where there are no facility of banks or financial institution. “We have already started the work and are in talks with banks and financial institutions on ways to reach out to the remote areas through branchless services to distribute rebuilding aid to the households,” affected Thapaliya said. As of Thursday evening, a total of 24,428 households in seven of the 14 worst hit districts from last year’s earthquakes have received the first instalment amounting to Rs50,000. The NRA has signed the tripartite agreement under which 223,830 out of the total 533,454 households from 11 quake affected districts to provide the first instalment of the aid. Janakpur appellate court orders probe into Tarai protest death POST REPORT KATHMANDU, JULY 7 The appellate court in Janakpur has directed the District Police Office and the District Administration Office in Mahottari to investigate into the killing of Rambibek Yadav, who was allegedly shot dead by securi- Rambibek Yadav was allegedly gunned down by security personnel during a protest in Jaleshwor, Mahottari ty personnel during the Tarai protest in Jaleshwor on September 9, 2015. Police and local administration in Mahottari had refused to register the first incident report (FIR) following Rambibek’s death. On March 27,Rambibek’s family filed a writ of mandamus at the appellate court, seeking order for an impartial and time- bound investigation into the incident by filing an FIR. A joint bench of Judge Sheshraj Shivakoti and Judge Purosottam Bhandari on Tuesday directed the police and the local administration in Mahottari to launch a probe into Rambibek’s death. Rambibek’s family has claimed that security personnel had gunned him down while he was watching the protest from afar. Bikru Yadav, the lawyer representing Rambibek’s family, said it was the first instance of a court ordering the government authorities to investigate the death that occurred during the Tarai protest. “It could serve as a precedent in other cases of deaths and injuries perpetrated by law enforcement agencies in the name of quelling the Tarai protest,” Yadav said. 77 HIV-infected MUMs give birth to 72 healthy babies POST REPORT CHITWAN, JULY 7 As many as 72 healthy babies have been born from HIVinfected women in Chitwan district in the past 18 months. According to Bharatpur Hospital, of the 77 HIVinfected women who were pregnant during that period, 76 have given birth to healthy babies. Krishna Hari Sapkota, coordinator of the AIDS Health Care Foundation of Anti Retro Viral Therapy Centre at the hospital, said only two babies were found to be infected with HIV. One woman had miscarriage while three babies died after birth. A majority of the women who gave birth to the babies were between 22 and 25 years of age. According to Sapkota, 64 women were taking anti-retro viral medicine since the initial days of their pregnancy. The 72 babies were administered Nevirapine, a medicine to treat HIV infection, after their birth. All of them are aged between six months and 18 months. Hospital sources said HIV infected women from Chitwan, Makawanpur, Bara, Tanahun, Lamjung, Dhading and Nawalparasi districts have been visiting the hospital to receive parturition service. weather watch Forecast: Partly cloudy throughout the country but becoming generally cloudy towards afternoon. Max MIN Rainfall Places Temp (0C)Temp (0C)(mm) Dadeldhura25.1 18.2 0.1 Dipayal 34.525.20.2 Dhangadi 36.026.10.9 Birendranagar32.5 23.3 14.9 Nepalgunj 36.626.50.0 Jumla 23.016.51.4 Dang 31.423.04.8 Pokhara 32.923.90.2 Bhairahawa35.4 28.5 0.0 Simara 34.526.80.0 Kathmandu30.5 21.0 6.2 Okhaldhunga25.3 18.5 0.2 Taplejung 25.519.33.3 Dhankuta 27.821.01.3 Biratnagar32.526.51.7 Dharan 31.0 25.54.2* Lumle 25.5 19.017.5* Source: Meteorological forecasting Division, Department of Hydrology and Meteorology, Kathmandu news digest Tremor felt in Lamjung, nearby districts LAMJUNG: A magnitude 4.3 earthquake rocked Lamjung and its neighbouring districts, including Gorkha, Tanahun and Kaski at 2:44 pm on Thursday, the National Seismological Centre said. The tremor was centred somewhere near Ghanpokhara, Bhulbhule and Siurung of Lamjung. No casualties were reported. The centre said the quake was an aftershock of the April 2015 Gorkha Earthquake. (PR) Ex-king marks his 70th birthday with supporters KATHMANDU: Supporters and well-wishers of former king Gyanendra Shah thronged Nirmal Niwas, his Maharjagunj residence, on Thursday to wish him his 70th birthday. Deputy Prime Minister and Foreign Minister Kamal Thapa, Land Reform Minister Ram Kumar Subba and former foreign minister Ramesh Nath Pandey also visited the former king to extend their wishes. (PR) 260 domestic violence cases in six months BIRATNAGAR: Police said 260 domestic violence cases were reported in 16 districts of Eastern Development Region in the past six months. According to the data, incidents of violence against women are increasing in Saptari and Morang districts. Police said 139 incidents of domestic violence against women were registered in Saptari and 59 in Morang. (PR) C M Y K world kathmandu post the PG 05 | Friday,July8,2016 US sanctions Kim over human rights The United States has sanctioned North Korean leader Kim Jong Un for the first time, citing “notorious abuses of human rights,” in a move diplomats say will infuriate the nuclear-armed country. The sanctions, the first to target any North Koreans for rights abuses, affect property and other assets within the US jurisdiction. news digest Nine dead in Eid party stampede in Ghana ACCRA: Nine people were killed in a stampede at a party in central Ghana to mark the end of the Muslim holy month of Ramadan, a public official told reporters on Thursday. “We so far have nine people who are dead, six females and three males,” said Nurudeen Hamidan, the head of the Asokore Mampong municipal assembly, in the city of Kumasi. There was no immediate comment from the police in the city, which is 255km northwest of the capital, Accra. But Hamidan said three bodies have been identified so far and six people were injured, one of them critically, and were receiving treatment in hospital. ‘$610m shortfall for south Africa drought relief’ OHANNESBURG: The United Nations’ food agency said on Thursday it needed $730 million over the next 12 months for relief in seven southern African countries hit hard by a blistering drought and faced a $610 million shortfall. The World Food Programme (WFP) said in a statement the seven countries were Malawi, Zimbabwe, Mozambique, Lesotho, Madagascar, Swaziland and Zambia. In Malawi, WFP said it needed $288 million but had only sourced $43million, while in Zimbabwe—where drought has exacerbated an economic meltdown—$228million was required but only a tenth of that has been raised. kathmandupost.ekantipur.com Germany toughesn sex laws Merkel offers hand to Russia The German parliament has unanimously approved tougher laws making any form of non-consensual sexual contact a crime, seeking to reassure a public shaken by mass attacks on women that were largely blamed on migrants. Under the new rules, all forms of non-consensual sexual contact will be punishable. German Chancellor Angela Merkel offered Moscow her “outstretched hand for dialogue” on Thursday, a day before Nato leaders meet in Warsaw to cement a new deterrent against what they see as an emboldened Russia. Germany wants a constructive relationship between Russia and Nato, Merkel said. 8,400 US troops to remain in Afghanistan till 2017: Obama Reuters Washington, July 7 President Barack Obama on Wednesday shelved plans to cut the US force in Afghanistan nearly in half by year’s end, opting to keep 8,400 troops there through the close of his presidency in January and let his successor determine the path forward. Acknowledging that security in Afghanistan remained precarious and Taliban forces had in some places gained ground, Obama put aside earlier plans to cut the US troop presence from its current level of about 9,800 to 5,500 by the end of 2016. But his plan still calls for a 1,400-troop reduction, and congressional Republicans criticized him for that. Obama took office in 2009 pledging to wind down the US wars in Iraq and Afghanistan. Instead, he has been forced to return US troops to Iraq and keep thousands in place in Afghanistan after more than 14-1/2 years of war, altering his presidential legacy. “The narrow missions n A file photo shows a US soldier of 2-12 Infantry 4BCT-4ID Task Force Mountain Warrior taking a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province. assigned to our forces will not change. They remain focussed on supporting Afghan forces and going after terrorists,” Obama said during an appearance at the White House, flanked by Defense Secretary Ash Carter and the top US military officer, General Joe Dunford. Obama, whose presidency ends on Jan 20, said his move “best positions my successor to make future decisions about our presence in Afghanistan” and “ensures that my successor has a solid foundation for continued progress in Afghanistan as well as the flexibility to address the threat of terrorism as it evolves.” Obama noted he ended the REUTERS US combat mission in Afghanistan in 2014. But he has repeatedly delayed pulling out the remaining US force. Twice last year, in March and October, he slowed the pace of the withdrawal, in the end effectively handing the task to his successor, who US voters will elect on Nov. 8. Republican Donald Trump Several flights cancelled as super typhoon bears down Cambodia rejects report on PM’s family business PHNOM PENH: Cambodia dismissed on Thursday accusations by an anti-corruption pressure group that Prime Minister Hun Sen and his family have amassed $200 million in business interests including some with links to land grabs and environmental destruction. The accusations, in a report by the group Global Witness, comes during a period of rising political tension between the veteran prime minister and the opposition hoping to challenge his grip on power in local elections in 2017 and a general election in 2018. (Agencies) and Democrat Hillary Clinton are their parties’ presumptive nominees. Taliban forces now hold more territory in Afghanistan than at any time since the 2001 US-led invasion, according to recent U.N. estimates. The Islamic State group has also established a small presence in Afghanistan. Afghan President Ashraf Ghani welcomed Obama’s decision, saying on Twitter it “shows continued partnership between our nations to pursue our common interests.” In addition to US forces, there are about 3,000 other international troops in Afghanistan. US troops have been in Afghanistan since the 2001 invasion launched by Obama’s predecessor, George W Bush, that toppled the Taliban leaders who harboured the al Qaeda organisation responsible for the Sept 11 attacks on the United States that killed about 3,000 people. It is America’s longest war. Obama noted that the United States once had 100,000 troops in Afghanistan. n Fishermen reinforce their fishing boats to withstand strong winds as Typhoon Nepartak is forecast to hit in the coming days, at a port in Lianyungang, in eastern China’s Jiangsu province on Thursday. Residents in China’s eastern coastal areas were told to brace for gales and downpours as the first typhoon of the season headed toward Taiwan on Wednesday, state media reported. AFP/rss TAIPEI: Taiwan cancelled more than 100 flights and shut schools and offices on Thursday as the island braced for a direct hit from Super Typhoon Nepartak, the first major tropical storm of the season. The typhoon was packing gusts of up to 245 km an hour as it rumbled towards the eastern counties of Hualien and Taitung, where it is expected to make landfall early Friday, according to Taiwan’s Central Weather Bureau. At 1000 GMT, the typhoon was 210km east-southeast of Taitung. “As the typhoon has been slowing its pace, we now forecast it could make landfall sometime between 5:00am and 6:00 am Friday,” an official at the bureau told AFP. The storm is expected to dump torrential rain on the whole island with mountainous areas forecast to be deluged with up to 900 millimetres. (AFP) 3 killed in new Bangladesh terror attack at start of Eid Agence france-presse DHAKA, July 7 Suspected Islamists carrying bombs and machetes launched another deadly attack in Bangladesh Thursday, killing at least three people at a huge prayer rally marking the start of Eid. Days after a mass murder of hostages in Dhaka, authorities said two policemen and a civilian were killed in explosions and gunfire near a prayer ground in the northern Kishoreganj district. One of the attackers was also shot dead and four of his suspected accomplices were arrested after hand bombs were hurled at police manning a checkpoint just outside the main prayer ground. “Two policemen, an attacker and a woman who was shot during the (subsequent) gunfight were killed,” national police spokesman A.K.M. Shahidur Rahman told AFP. “Nine policemen were also injured. They are in a critical condition and have been shifted to a military hospital in Dhaka.” Weapons recovered from the scene of the attack, close to where a quarter million people had been taking part in a post-Ramadan gathering, included a pistol and machete. The prayer gathering in Kishoreganj is by far the biggest such congregation in Bangladesh, a mainly Muslim country that is home to around 160 million people. While there was no immediate claim of responsibility, the attack came less than a week after Islamists killed 20 hostages and two policemen in an overnight siege at a Western-style cafe in the capital Dhaka. Many of the victims, which included 18 foreigners, were hacked to death with machetes. Bangladesh has been on a heightened state of alert in the wake of the killings in Dhaka last Friday night and many Eid services included pleas from religious leaders for an end to the violence. The cleric who led the Kishoreganj prayer, Maolana Farid Uddin Masuod, has been an outspoken critic of a recent wave of attacks by Islamist extremists and he again strongly condemned Thursday’s killings. The biggest service in the capital was at the National Eidgah Maidan where more Italian victims tortured, show autopsies Dhaka: Islamist militants tortured a group of Italians before killing them during an attack on a restaurant in the Bangladeshi capital of Dhaka last week, a legal source said on Wednesday. The bodies of the nine Italians, most of whom worked in the clothing industry, were flown back to Rome on Tuesday. Autopsies showed that many of them had been slashed with knives and had suffered slow deaths. Some had been mutilated, the source said. In all, 20 people died in the Dhaka assault, which started late on Friday night. The victims, mostly foreigners, included Japanese, Indians and Americans as well as the Italians. The Holey Artisan restaurant in Dhaka where the attack took place is popular with foreigners, and investigators in Rome are looking into whether Italians were specifically targeted, a judicial source said. than 50,000 people, including Bangladesh’s President Abdul Hamid, took part in prayers under a giant canopy. Police brought in scanners and sniffer dogs to check for bombs as crowds were forced to wait for up to an hour before being cleared to enter the grounds where the service was held. No one was allowed to bring in bags. Bangladesh has been reeling from dozens of attacks since the turn of the year, mainly targeting secular activists or religious minorities. Many of them have been claimed by the self-styled Islamic State group or an offshoot of the Al-Qaeda network. However Prime Minister Sheikh Hasina’s government has consistently denied international jihadist networks have gained a foothold and has said the weekend attack in Dhaka was carried out by a local Islamist group. research findings Viral hepatitis ‘kills as many as Aids or TB’ BBC LONDON, July 7 Viral hepatitis is one of the leading killers across the globe, with a death toll that matches Aids or tuberculosis, research in the Lancet suggests. The report estimates that hepatitis infections and their complications led to 1.45m deaths in 2013 despite the existence of vaccines and treatments. World Health Organization data shows there were 1.2m Aids-related deaths in 2014, while TB led to 1.5m deaths. The WHO has put forward a global strategy to tackle hepatitis. Researchers say these plans must be put into action urgently to tackle the crisis. Viral hepatitis refers to five different forms of virus (known as A, B, C, D, E) - some can be spread through contact with infected bodily fluids and others (A and E) through contaminated food or water. Most deaths worldwide are World Health Organization data shows there were 1.2 million Aids-related deaths in 2014, while TB led to 1.5 million deaths due to B and C, which can cause serious liver damage and predispose people to liver cancer. But because people don’t always feel the symptoms of the initial infection, they can be unaware of the long-term damage until it is too late. Scientists from Imperial College London and the University of Washington examined data from 183 countries, collected between 1990 and 2013. They found the the number of deaths linked to viral hepatitis rose by more than 60% over two decades - partly due to a growing population. Deaths from diseases such as TB and malaria have dropped. Dr Graham Cooke of Imperial College London described the n Some viral hepatitis infections can increase the chance of liver cancer. findings as startling. He said: “Although there are effective treatments and vaccines for viral hepatitis, there is very little money invested in getting these to patients - especially compared to malaria, HIV/AIDS and TB. “We have tools at our disposal to treat this disease - we have vaccines to treat hepatitis A and B and we have new treatments for C. “However the price of new medicines is beyond the reach of any country - rich or poor.” The study suggests the problem is biggest in East Asia. But unlike many other diseases, deaths from viral hepatitis were higher in high and middle income countries than in lower income nations. The WHO hepatitis strategy, which was put forward in May 2016, includes targets to reduce new cases of hepatitis B and C by 30% by 2020, alongside a 10% reduction in mortality. The WHO says countries and organisations will need to expand vaccination programmes, focus on preventing mother-to-child transmission of hepatitis B and increase access to treatment for hepatitis B and C, to help ensure these targets are met. C M Y K thekathmandu post 06 editorial Friday, July 8, 2016 Decade of development Since 1993 ED I T OR I A L Can line ministries coordinate with each other to harness 10,000 MW in the next 10 years? A social scourge Nepal must make a collective pledge and a concerted effort to eradicate child marriage I n a function held in Kathmandu on Monday, Care Nepal, a humanitarian organisation, launched a research report entitled ‘The Cultural Context of Child Marriage in Nepal and Bangladesh: Findings from CARE’s Tipping Point Project, Community Participatory Analysis’. During the event, a minister urged various stakeholders to support the country’s agenda of eliminating child marriage by 2030. Although early marriage has an adverse impact on both sexes, it affects girls disproportionately. Girls who marry early are more likely to quit school, undergo unplanned pregnancies and suffer from reproductive health problems. Those who bear children when they are themselves children are deprived of a healthy childhood. As a result, their physical, psychological and social development is stunted. Girls who are victims of child marriage are more likely to come from poorer backgrounds. And early marriage makes them more likely to be denied educational and vocational opportunities. As such, it is harder for them to escape the poverty trap. This entrenches the gendered nature of poverty. Care’s report mentions that worldwide around 15 million girls below 18 are married with little or no say in the matter. In Nepal, 41 percent of women aged 20 to 24 were married before they became 18, and 29 percent of girls aged 15 to 19 were married, although the legal age of marriage is 20. The report states that child marriage is most common in the Tarai and mid- and far-western regions, where there is little awareness about the legal age of marriage and where the practice of child marriage is generally accepted as part of social norms and values. Further, child marriage is more prevalent among socially marginalised groups, for whom it is relatively harder to discontinue the practice. Among the various perceived benefits of child marriage is lower financial burden; in certain groups, the amount of dowry increases with a girl’s age. Nepal has recently drafted a national strategy to counter child marriage, whose six key components are empowering girls (including economic empowerment); providing quality education; engaging men and boys; mobilising families and communities; providing and strengthening services; and implementing laws and policies. While these are all worthwhile goals, they are unlikely to reduce the number of child marriages significantly without effective and sustained implementation. A multi-pronged approach is required to make a dent in the problem. Implementing the law is no doubt necessary, but so is tackling deeper problems like poverty, lack of educational opportunities, and age-old prejudices against women. In recent years, Nepal has made considerable progress in improving the situation of girls. Those who come from urban areas, particularly from well-off families, are virtually on a par with their male counterparts. For them, having to marry early is an unimaginable prospect. Sadly, it is not so for many of their rural counterparts, who continue to be victims of child marriage. The nation must make a collective pledge and a concerted effort to eradicate this social evil. SAROJ DHAKAL E arlier this year in February, Nepal’s Ministry of Energy moved forward with an action plan on National Energy Crisis Prevention and Electricity Development Decade, 2016 (NECPEDD 2016). This 92-step strategy passed by the Cabinet provides comprehensive steps to increase our electricity production to 10,000MW in the next decade. This document could be vital for the much awaited and needed reform in the energy market of Nepal to take the country into an era of prosperity and low carbon development. Likewise, the Energy Development Council (EDC), the umbrella association for Nepal’s energy sector, in partnership with a company from Shanghai, Neo Ventures, provided a new platform at the ‘Nepal Power Investment Summit 2016’ conducted from May 31 to June 3 in Kathmandu to spark a boom in the energy market. Positive signs The NECPEDD is envisioned to replace the Electricity Act, 1992 and the bill relating to National Electricity Regulatory Commission by more progressive acts. This will not only simplify the process of obtaining planning permits for electricity generation and clearing obstructions during the construction of power plants, but will also provide financial incentives to boost the confidence of investors and project developers. The plan has provisions for VAT refund and income tax exemption. There are policies in the pipeline to channel more investment from local banking and financing institutions into power projects. This action plan comes at a time when Nepal and India have already inked the historic Power Trade Agreement (PTA), allowing exchange of electricity and opening up new vistas of cooperation in the hydropower sector. During the visit of Indian Prime Minister Narendra Modi to Nepal in August 2014, the two sides had agreed to sign an agreement allowing the exchange of electricity generated from hydel projects in Nepal. Meanwhile, during the recent visit of Prime Minister KP Sharma Oli to China, the two countries agreed to establish a Dialogue Mechanism on Energy Cooperation to facilitate long-term planning and cooperation in the energy sector, including trans-border power grids, hydro power and solar power, among others. These are good signs for the energy mar- ket in the country. But now the Nepal government needs to pursue an active diplomacy and make investments in feasibility studies to determine the country’s capacity to produce energy if it is to position Nepal as the gateway of electricity trade between India and China in the long run. The loopholes If the NECPEDD 2016 is to be successful, it will require coordination among Ministry of Law, Justice and Parliamentary Affairs, Ministry of Energy—within which coordination among Department of Electricity Development, Water and Energy Commission and Nepal Electricity Authority is key— Investment Board of Nepal, Ministry of Land Reform and Management, Ministry of Home Affairs, Ministry of Finance, Nepal Rastra Bank, National Planning Commission, Ministry of Forest and Soil Conservation and Ministry of Population and Environment. This is where the problem lies. Although Nepal is always ahead when it comes to designing policies and inking international agreements, implementation has largely been the problem. This is due to unstable internal politics, and lack of inter-ministerial coordination in coalition governments and cooperation from a politicised bureaucracy. Thus, whether coordination can be achieved to harness 10,000 MW in the next 10 years, which also requires an estimated 20 billion dollars, is perhaps the most important question for the Cabinet which endorsed the NECPEDD 2016. Shifting the burden If the government seeks efficient coordination between the line ministries, the 99-point action plan needs to highlight the role of the private sector to support the plan’s implementation. Given that coordination between ministries has always been poor in the country, a clearly defined role of the private sector to assist the government in achieving inter-ministerial coordination could help ensure smooth and efficient progress in terms of achieving the goals outlined in the NECPEDD 2016. Implementation would be easier if the institutional knowledge of various ministries and bureaucracy of Nepal, the main stakeholders of the NECPEDD 2016, could be utilised by engaging retired government officials and politicians. A well-designed lobbying mechanism could provide the much needed push to move the files within the relevant ministries. Umbrella associations of the private sector such as the Confederation of Industries of Nepal [CNI], Federation of Nepali Chambers of Commerce and Industries [FNCCI], Independent Power Producers of Nepal [IPPAN], Brokers Association of Nepal and EDC need to cooperate to form a working committee to work for the implementation of the NECPEDD 2016. With climate change as an emerging danger to humankind, there is a need for green Nepali politics has left ideology behind creating space for the development agenda Terror in the kingdom Nepali Congress experimented with in the 1990s by striving for equitable economic growth within a liberal political structure, Naya Shakti appears to be more promising than its peers in solving the country’s pressing ills. The Saudis must act now to reverse course P Green forests D Dhakal is the CEO of 8848Inc The post-ideology era w orld v ie w erhaps there could be no greater sign of the dilemma confronting the Muslim world than the terrorist attack on one of the holiest sanctuaries of Islam. The militants’ message was clear as Saudi Arabia was rocked by three separate, but apparently coordinated, acts of terrorism on Monday, the most shocking being the suicide blast outside the Prophet’s (PBUH) mosque in Madina, in which four security personnel were killed. Earlier in the day, a suicide bomber had struck outside the US consulate in Jeddah. News reports suggest the suspect was a Pakistani expatriate. The three bombings show that the militants can strike with relative ease across the kingdom. No claims have been made, but the militant Islamic State group is suspected of involvement. Of course, there is a precedent for such violence in Saudi Arabia’s recent history: in 1979, hundreds of Salafi militants occupied the Masjid al-Haram in Makkah. Monday’s terrorist attacks point to a significant militancy problem in Saudi Arabia. The kingdom had battled a violent Al Qaeda insurgency over a decade ago. Whether it is IS today or Al Qaeda 12 years ago, or the grand mosque assailants even before that, the fact is that militant movements find willing recruits from within Saudi society. This is, of course, because for decades, the House of Saud has looked the other way as hard-line clerics have preached a narrow sectarian and confrontational ideology. For example, clerics in the kingdom have urged young Saudis to go abroad—to Syria, to Iraq—to fight other people’s wars, while the state has allegedly backed militant fighters battling Damascus. Now these radical elements are turning their guns on internal targets. Pakistan knows the folly of turning a blind eye to radicalism. The Saudis must act now to reverse course, or else considering the deep roots of puritanical elements within the kingdom, more chaos may well be in the pipeline. and sustainable development in Nepal. It is imperative for us to harness the immense water, wind, solar, biogas and bio-fuel potential of this country. Thus, another option the government bodies should consider to execute the NECPEDD 2016 smoothly is authorise the beginning of a ‘Green Stock Exchange’ regulated by Securities Board of Nepal. Renewable energy companies, which would be interested to list themselves on the basis of free floating share, could join the stock exchange. Other energy intensive companies featuring core industrial sector of Nepal, which shift to clean energy or compensate for their emission, could be listed as well. The framework for energy projects and index can be designed as per the status of the project so that financing is possible at any point during the project. The stock exchange would facilitate small and large investments, stocks packaging, risk analysis, currency hedging, financial product sales and if possible trade of financial products within international markets, while providing an easy exit strategy for the investors. Such market mechanisms to address climate change could draw in huge financial support from other countries. The NECPEDD 2016 should be aimed to create a vibrant green market within Nepal by utilising the financial ingenuity of market-makers and opening connectivity of the Nepali financial market with international markets. ATUL K THAKUR @atul_mdb I deology is now a weaker force in Nepali politics, and this makes the splinters of the original Maoist party better guarded to cope with existential crises. Noticeably, the temptation to reinvent themselves is high among the erstwhile obstinate comrades who were earlier involved in waging insurgency and killing thousands of people. However, alienation from the core group is not hindering the old ranks from pursuing divisive and contradictory programmes. Very recently, a radical left-wing faction led by old Maoist Netra Bikram Chand reverted to the basic and mindlessly factored in destroying base stations of Ncell mobile phone service. It came as a refusal to acknowledge any mistakes in the old Maoist ideology and strategy and a relentless commitment to continue the armed struggle. Survival game In contrast, there is the other example of one of the leading Maoist leaders Baburam Bhattarai trying to engage in a rare kind of experiment. The foundation of his new party Naya Shakti marks his departure from the official Maoist line where mainstreaming is still taboo. Bhattarai should be called a visionary who saw the imminent decline of the core Maoists in Nepal following their disastrous show in the wake of the earthquake and the constitutional crisis. For now, Bhattarai’s new political outfit finds a workable virtue in departing from the power-grabbing exercises of the Kathmandu elite who do not refrain from DIWAKAR SAPKOTA egrading forests in the Tarai, increased demand for forest products and inappropriate management practices characterise the present situation in the forestry sector. Scientific forest management (SFM) is a framework that can lead to sustainable forest management. Community forests in Nepal are proclaimed to be more conservation oriented and lack tree management. There is poor management of the 4Ds, namely decaying, diseased, deformed and dying trees and proper harvesting at the appropriate rotation age. The 4Ds crossing ideological barriers and maintain a single plan to run the government in the strangest way. Ideology holds secondary importance for Prachanda in his quest to avoid prosecution for past actions. He has found his rescue route by supporting the strong political oligarchy of Kathmandu. The surprising rise of KP Oli and his survival instinct did not mature without the support of lapsed leaderships of the Nepali Congress, Maoists and his own party. The trend is very clear and one can read it on the wall: Nepal’s political elite are indulging in a survival game rather living up to the spirit of electoral politics. A good candidate In late September 2015, when the country was on the verge of alienating half its population over controversial provisions in the new constitution, Bhattarai visited Janakpur but without getting a rousing welcome. Instead he met people’s ire as he was among those behind the discriminatory constitution, and his late opposition to it and hollow trees have minimum albedo values causing more carbon negative impacts. Managing forests scientifically not only helps to balance demand for forest products and earn benefits for the country in the short term, but also ensures their healthy preservation for the future. It’s only propaganda that SFM is about felling green trees. It also incorporates conservation practices (like retaining protection forests where steep slopes occur, maintaining green belts along roads, protecting the existing forest biodiversity, ensuring soil quality management techniques and incorporating cli- was seen as an existential ploy to secure new political constituencies. Looking back, Bhattarai’s brush with power merits to be remembered for some mature deeds. He certainly was a popular leader who tried to bring welcome changes. He proved a better prime minister than Prachanda, however, he could not stop the misuse of power. He missed the pulse of expectations and weakened his prominence. Bhattarai’s new political wing is interested in advertising its programmes through the mass and other commercial media which is seriously different from the communist way of popularising their messages or propaganda. This distraction doesn’t help Bhattarai’s renewed attempt to drastically change Nepal’s political culture where ideally creativity should not be given priority. If Naya Shakti is giving far too many reasons to Bhattarai to leave the original impulses that initially drove the Maoist party, he should show a certain degree of political maturity by sticking to the developmental agenda. Even though this is not going to be much different from what the mate change adaptation and resilience technique) and sustainable management and use of forest resources. SFM provides comparative advantages in price and production which is abundant and continuous since it follows the principle of sustainable and progressive management. It is projected that about 60-90 million cubic feet of forests can be produced yearly through proper management in the Tarai and mid-hills. This will create full-time green jobs for around 1.2 to 1.5 million people. Nepal’s requirement amounts to 40 million cubic feet and the rest can be exported. The advantage of this management practice over the previous one is that each tree is marked with a GPS coordinate so that any illicit cutting can be easily checked. Kailali, Kapilvastu, Nawalparasi, Rupandehi and Morang districts have been practicing SFM extensively. Many districts in the hilly, Inner Tarai and Tarai regions are practicing SFM as a pilot programme. Due to limited government support and high costs of preparations, many community forests are being merged. But topographical difficulties postplatform Development discourse Bhattarai is someone capable of understanding the structural weaknesses of Nepal where industrialisation was never given its due which alarmingly affected its interest. If it’s called a client nation, it should not infuriate home-grown policymakers who have forced the economy into that vicious trajectory. Course correction is the need of the hour, and if a political party aims to take up the mantle and support it with deeds, it deserves a chance. Poverty, hunger, inequality, unemployment, migration, exploitation and poor HDIs, these are are the challenges before anyone who thinks well for Nepal. Bhattarai should come to terms with them. Stepping into the ethnicity cobweb or forging an unholy nexus with political opportunists in the hills or the Tarai will not provide the requisite mileage to make him a tall leader once again. As Nepali politics is making headway in the post-ideology era, developmental discourses have to surface more frequently in political circles. Political overplay is a detested thing, and it should worry all political players who have been messing up the country beyond imagination. Kathmandu needs to offer much more to the whole country as the masses don’t live in a fool’s paradise. The new political culture can solve the manmade crisis, and of course, the alienation of Madhesis. Baburam Bhattarai has an opportunity here, and he has sensed it in time. He should show the large-heartedness of a great leader before scoring further with the precious tag of greatness. Thakur is a New Delhi-based journalist and writer in some mid-hill regions and dispersed forests make this difficult. The government has also urged expanding the existing SFM programme to 11 districts for the fiscal year 2016-17 while the rest of the districts are at the final stages of being confirmed. Working on the existing challenges like proper wildfire control methods, discouraging open grazing, controlling trespassing on forest lands, implementing pest management techniques and ensuring effective accountability of income, sufficient government support and effective policies will help to make forests one of the greatest economic resources of Nepal. C M Y K 07 thekathmandu post op-ed Horror in Dhaka Let’s team up Though de jure territorially separated, Nepal and Bangladesh de facto are conjoined by virtue of common Himalayan rivers MADHUKAR SJB RANA W hat do we mean by a strategic partnership? It means a quest for a sustained, long-term (10-15 years) goal-driven relationship for mutual benefit that is multi-functional and multi-level (involving states, civil societies and private sectors). Obviously, no two countries engage in a strategic partnership for its own sake. There must, after all, be an alignment of national interests. In the case of Bangladesh and Nepal there are many. First and foremost, both Nepal and Bangladesh share a common fear perception from Indian asymmetry given India’s territorial, economic and demographic size, as well as its military might fortified by its democratic polity and rapid strides in modernisation. Both the countries also draw their heritage from a civilisational thread common to all the peoples of the Indian subcontinent while finding themselves enveloped in a crisis of cultural identities where, for both, strenuous efforts have to be made to carve out their peculiar national niches as distinct from Indian identity. Most Nepalis’ first choice for higher education used to be Kolkata during the British Raj, and thus were intimate with the Bengali language and literature. Bangladesh and Nepal share the same environment and watershed, and so there is a commonality of interests for preserving environmental, food, water and energy security. Floods and silting in Bangladesh can be prevented with cooperative actions in reforestation and water storage in Nepal. The presence of arsenic in tube wells in the plains can be substituted, through cooperation, by harnessing sweet Himalayan waters for the common good. Bangladesh, being a coastal state, can alleviate the geographic constraint of Nepal as a landlocked state by providing access to the high seas and thereby helping it enjoy its rights to the resources of the ocean. Besides. Bangladesh can also allow its territory to be used for transit trade to overseas countries. Nations of hybrids Being least developed countries, the Friday, July 8, 2016 two nations share a common interest in championing the cause of such countries at the United Nations and its specialised agencies, including the IMF, World Bank and WTO. Both share common perspectives on the role of the UN in providing collective security to small states. Similarly, both the countries are heavily over populated and both are deeply cognisant of the need to have additional avenues for employment for their citizens in labour markets beyond their territories. Moreover, both countries are conscious of the fact that scientific management of the Himalayan watershed will lead to an ecologically friendly and far more efficient division of labour in the broad field of agriculture, forestry and farming systems. There is a natural highland-lowland linkage that deserves to be garnered through the application of S&T and collaboration in R&D for mutual benefit. Likewise, both being heavily aid-dependent states, they need to exchange experiences over the pursuance of similar policies based on the Washington Consensus for their contextual validity and ownership besides cooperating to promote the best development lessons from each other. Last, but not least, both countries have huge minority populations, and they need to learn how to govern with full inclusion of all races, castes, tribes, creeds, languages and religions while maintaining the integrity of the nation state. Both countries are conscious of themselves as being nations of hybrids with centuries-old reverence for Mother Nature and all its glories and wonders. As early as 1977, I had advised the then His Majesty’s Government about the immense goodwill in Bangladesh for Nepal amid the political, administrative and military leadership. I had also stated in a report that there was a tendency for Bangladeshis to overestimate the potential of Nepal while we tended to underestimate Bangladesh’s potential, which was not conducive to the growth of mutually beneficial bilateralism. Correspondingly, there was an overwhelming tendency to see each other as competitors rather than complementary nations and give priority to short-term over long-term interests. India when Bangladesh was described as a ‘basket case’ by no less a person than Henry Kissinger, perhaps more out of geo-political annoyance for its initial closeness to India and the USSR. But the description had a profound negative impact on the world’s perception of Bangladesh. The other constraining factor was Nepal’s excessive dependence on India in the 1960s and 1970s for trade, supplies of essential goods and aid coupled with the fact that India did not provide transit to Bangladesh. Little did it dawn on us then that though de jure territorially separated, we are de facto territorially conjoined by virtue of common Himalayan rivers. Rivers inevitably bind us together as one ‘territory’ with a common interest for sustainable development of each other as upper and lower riparian states. Not to be underestimated as a binding constraint against the growth of bilateral economic cooperation is the in-built vested interests that have been institutionalised among transporters, forwarders, clearing agents, wholesale merchants and border customs officials engaged in transit trade through India. To shift to another transit paradigm will undoubtedly destabilise their illicit rental incomes. As the two countries are not contiguous neighbours, it is often wondered whether the envisaged strategic partnership between Nepal and Bangladesh will not be subject to developments in bilateral relations between India and Nepal on the one hand and between India and Bangladesh on the other. This is a legitimate concern for any relation, and all the more reason why it needs to be nurtured as a strategic partnership. On the whole, for historical and geographical reasons, as well as from conventional short-term thinking on foreign policy, Bangladesh has appeared on the Nepali political radar primarily when bilateral friction arises with India. A strategic partnership requires that each country looks upon bilateral relations based on its own merits and not through third-country factors as has been done in the past, or, indeed, by placing excessive faith in regional cooperation hoping that it will make up for the loss from a bilateral strategic partnership. Third-country factor In the 1970s, Bangladesh was going through much political turmoil compared to the peace and tranquillity in Nepal. Nepal was exporting food to Rana is a former Finance Minister A terrorist attack on a café has struck a blow against Bangladesh’s very idea of itself Tahmima Anam W hen I was last in Dhaka, I used to take my son out in the car every afternoon. “Let’s go to Holey!” He would cry out from the back seat. The Holey Artisan Bakery, just two years old, had become our firm favorite. The cakes were delicious, and it was the only place near home that had an open lawn. We took his minisized soccer ball with us, staying until dusk when the mosquitoes from the nearby lake drove us inside. When the bakery first opened, it was just a counter with pastries and cakes. My husband and I sometimes joked we’d have to take out a mortgage to pay for the croissants—they were expensive—but the sunshine, the field, and the view of Gulshan Lake always lured us back. As Holey became a popular family hangout, the owners built a pizza oven in the front, hired someone to make gelato and started serving tapas in the evenings. On Friday, it was perhaps the tapas, or the pizza, or the open sky above the lawn that drew the dinner crowd, a mixture of Bangladeshis and foreigners. At about 8:45 in the evening, a group of heavily-armed men stormed and seized more than a score of diners as hostages. The police arrived quickly, but when they attempted to enter the restaurant, they were met with heavy gunfire and grenades. Two officers were killed and many others were injured. Over the course of the night, as the families of those inside held vigil on the street outside the restaurant, occasional gunshots could be heard. The militants singled out the foreigners for execution. After nearly 12 hours of standoff, as dawn broke over the city, the army special forces finally succeeded in breaking the siege. Inside, they found the bodies of 20 victims and rescued at least 13 hostages. Among the dead, according to the police, were nine Italians, seven Japanese, an American, an Indian and two Bangladeshis. Reports are still emerging about what exactly transpired. By some accounts, the gunmen assured the Bangladeshi hostages that they would be spared. Hostages were told to recite verses from the Quran in order to save themselves. According to an Indian newspaper, an Italian businessman who had stepped into the garden to make a phone call managed to hide in bushes and then escape—not knowing until later that his wife, trapped inside, had been murdered. Policemen outside the Dhaka’s central jail in Bangladesh on June 12. The police arrested more than 11,000 people last month, supposedly in a crackdown on terrorism. Credit Associated Press One victim’s story that stands out because of his courage was that of Faraaz Ayaaz Hossain, a 20-year-old Bangladeshi who had gone out to dinner with two friends, Tarishi Jain and Abinta Kabir. Mr. Hossain and Ms. Kabir, an American citizen, were both students at Emory University, in Atlanta, on vacation; Ms. Jain, who was from India, was studying at Berkeley. According to witnesses, when the militants heard that Mr. Hossain was Bangladeshi, they offered to release him, but he refused to leave his two friends behind. When the army broke through the terrorists’ barricade, they found the bodies of all three, with Mr. Hossain’s bearing marks of an intense struggle. On Saturday morning, after the siege had ended and after many frantic calls and text messages exchanged with my family, we began to take stock of the carnage that had come to our capital. For those who lost loved ones, the loss is unimaginable and irreparable. For the rest of us, the accounting means adjusting to a new and broken world. We know that our country and our city will never be the same again. We know that the assurances of the authorities mean little. Given what just happened, last month’s police drive, which saw the arrests of more than 11,000 people supposedly in a crackdown on terrorism, merely exposes the government’s impotence in the face of these murderous militants. We may hope that the government will make peace with the opposition in order to tackle this darker threat, but we fear that this outrage in Dhaka will lead to more surveillance and exacerbate authoritarianism. Further reports suggest that the assailants were not, as many expected to hear, from disenfranchised backgrounds. They were privately educated and from wealthy families —young men who easily might have been friends with some of the victims. Where does that leave us, knowing that these killers had every privilege in life and yet chose the path of nihilism? It leaves us with this conclusion: We must accept that the story we have long told ourselves about our country may no longer be true. For months, I and many of my fellow Bangladeshis have wanted to believe that the targeted assassinations of writers, bloggers, publishers, gay rights activists, Hindu priests and foreign workers did not mean that Bangladesh was necessarily on a road to destabilization by violent extremists. We felt sure that things must eventually go back to normal—normal being a Muslim-majority country with a secular Constitution and a robust tradition of social justice, diversity and pluralism. We did not believe Bangladesh could become one of those places where the wealthy barricade themselves behind high gates and private security, where embassies issue travel warnings and evacuate their staff, and where—God forbid— America sends its drones to target the militants. Right now, all I care about is my city, about the innocent people who died in the café where my son learned to play soccer, about the three kids from my high school who met violent deaths beside the lake that was an oasis of calm in this bustling city. Tomorrow, I may recover my sense of those truths about my country that I know to be fundamental. Today, I can only mourn what we have lost. —©2016 The new york times Official resigns over ‘rape victim selfie’ A Suniti Singh n Indian official has resigned after she and another women’s rights advocate were pictured taking a smiling selfie with a rape victim. First emerging on the phone messaging service WhatsApp, the pictures were taken when members of the Rajasthan Commission for Women met the victim at a police station on Wednesday. The woman had reported that she had been raped by her husband and two other relatives who also allegedly tattooed profanities on her forehead and hand for failing to produce a dowry of Rs 51,000, about $755. Somya Gurjar, who has since quit her position with the National Council For Women, was seen smiling as she snapped the selfie. In the images, Gurjar is seen hold- Voice Of The People guise for those who can afford to pay for their urgent needs. Manohar Shrestha, via email Kantipur Publications Pvt. Ltd., Kantipur Complex, Subidhanagar P. B. No. 8559, Kathmandu; Nepal Phone: 5135000, Fax: 977-1-5135057, e-mail: [email protected] IS IT NECESSARY? PLASTIC DRIVE Proper regulations will help to continue the ban on the use of plastic bags effectively in the Kathmandu Valley (‘Govt to resume plastic ban drive’, July 4, Page 2). Plastic bags certainly cause havoc and imposing a ban is a highly laudable act. But until and unless the penalty on those who try to break the law is not imposed strictly, the ban will not have the desired result. Plastic bags were quite convenient to carry groceries, fruits and other items while walking home. Since the ban, some stores have stopped providing plastic bags at all whereas some stores offer purchasable bags for the customers, which are not very attractive substitutes because they are expensive. People have already witnessed Kathmandu banning plastics and then withdrawing ing a tablet, with commission chairperson Suman Sharma holding the victim’s hand - as if trying to showcase her tattooed arm in the picture. Gurjar said the victim was “curious” about the camera and that the selfie was an attempt to “relax and normalize” her. “She said take my photo also. I only took her photo to put her at ease and because she asked for it. I was trying to be humane with her”. But the images of the selfie taking triggered a wave of outrage on social media, especially as it is illegal in India to publish information that leads to the identification of rape victims. Official figures show the incidence of sexual violence is increasing in India, where the gang rape and murder of a student in Delhi in 2012 led to protests and new anti-rape laws. The hash- the ban due to pressure from plastic manufacturing companies and the failure of proper implementation and monitoring by the government. Thus, to successfully implement the law, the government has to think of better alternatives to plastic bags. Neha Sharma, Kalanki Procure or purchase For those in urgent need it is certainly a boon to have a passport in a day or within two or three days for Rs15,000, Rs12,000 or Rs10,000 respectively(‘DOP launches single day PP’, July 4, Page 2). Those who can wait for five to 15 days can pocket their passports for a paltry sum of Rs5,000. Unless one is dying and has to leave the country for urgent modern medical wonder abroad or has to join a high-paying job in a foreign country instantly or attend an unscheduled meeting, it does not make sense to pay five figures for a passport especially when it can be obtained within five to 15 days for four figures. All we need to do is to plan our outings properly and apply for passports accordingly. It sounds more like purchasing passports rather than procuring them. That being said, it is a certainly a blessing in green dis- The necessity and formation of a consensus government may be the need of the hour considering the implementation of the new constitution successfully (‘Maoist Centre not to rush govt formation’, July 6, Page 3). Senior leaders of the CPN (Maoist Center) have been publicly talking about this for some time although their party is one of the major coalition partners in the Oli-led government. Is it necessary or even possible for the big three to forge consensus on this issue? If they agreed, it would be the most desirable form of the government at this juncture when the implementation of the new constitution has been a vital concern. It has definitely been necessary for the government and all the political parties to hold three tiers of elections within the next one and half years based on the provi- tag #SelfieWithRapeSurvivor was used by some to express the opinion that the selfie was symptomatic of a wider problem. The incident was also used by supporters of Bollywood superstar Salman Khan to criticise the National Commission For Women (NCW) which had previously summoned the actor to a hearing on 8 July over a controversial rape remark he made last month. Some commentators blamed Narendra Modi, often dubbed India’s first social media prime minister, for promoting what they saw as an unhealthy national obsession with selfie taking. As the backlash grew, Ms Gurjar resigned from the NCW but continued to defend her actions, saying: “”It was just an attempt to make the victim feel at ease”. BBC Trending sion made in the new constitution. Is it possible to do so under the current circumstances? Unless the Local Body Restructuring Commission (LBRC) submits its report by August, it does not seem possible to hold the local level election in December, considering 120 days time needed by the Election Commission to do its job. On the other hand, the big three hurriedly promulgated the constitution without taking the Madhesi, Janajati and disadvantaged groups into confidence. As a result, they have been staging protests for the last nine months. It is not possible to sort this out given the incumbent government’s style. How can it be possible to hold local polls without resolving these issues? Was the government not aware of it? If so, what was its intention behind making public the new constitution’s implementation plan a few days ago? Political and constitutional problems will continue to dog the nation if the government failed to implement the new constitution within the next one and half years. Biren Bangdel (Rai), Maharajgunj. C M Y K classroom kathmandupost the kathmandupost.ekantipur.com PG 08 | FRIDAY,JULY8,2016 Cheesy facts There is no exact information regarding the origin of cheese, archaeological studies have shown the origin of cheese dates as far back as 6000 BC. There are more than 2000 varieties of cheese available worldwide, mozzarella is the favorite around the globe, and the most consumed. S Know Archie better How long is a day on equator? The Archie character was introduced in Pep Comic #22, which was published in 1941. Archie is loosely inspired by the life of Bob Montana, one of the creators of the characters. Archie is based on a 1938 movie named Love Finds Andy Hardy. From 1943 to 1953, Archie was on radio, on a show called The Adventures of Archie Andrews. The equator is equal distance from the North Pole and the South Pole and is one of the most notable lines of latitude….but still— imaginary. And on the Equator, the duration of daylight is not exactly 12 hours all the year round, but rather exceeds 12 hours by about seven minutes each day. School: A second home indeed! hreya, Suhishan, Brajesh and Ekta—you guys are selected for the handwriting competition,” declared my ex-English teacher, who is now the ECA in-charge. We are the ninth graders. In grade eight, we faced a lot of uneasiness because of our English teacher’s unprepared and mismanaged class. Often, my friends used to poke fun of her, as they believed she was just a kurta shopkeeper recruited as a teacher without any training. I was notorious for pointing out her mistakes; for which I would get a scornful look. In fact, it was because of me that she would have a hard time teaching the ninth graders. So now it looked like, she, exerting her power, was venting ire at me. Might be a sort of vengeance on her part. The irony is: these friends of mine were her dear students (because they used to flatter her, let me tell you) and hence, it was no wonder they were selected for the competition apparently without any basis. Manika and I exchanged looks, both enraged at the preceding injustice and with a queasy sense of dissatisfaction at what had just happened. “Who was the fool who complained to the school supervisor about my mistake?” demanded our EPH teacher, who could hardly explain anything except for dictating in the classroom. All of those three teachers were newly appointed to teach in our class. We were the most notorious of students who knew almost everything there was to know about the subject matter even before our teacher entered the classroom; we cherished our notorious status. However, our OPT teacher, who was arguably the brightest, inspired me and said, “Come on, don’t give up, go ahead. Also, our compulsory maths and science teachers hardly left any stone unturned. They clarified and explained everything to us.” lll “I will slap you,” yelled my computer teacher. Everyone was busy giggling at her unclear explanation. She had been sticking to the same old page for a week. After a unanimous decision, we went to the authority to make a complaint against her. After listening to us, the supervisor, rather than solving our problems, delivered a long, lackluster speech which blamed us for all her mistakes. lll “Naani ho! Can you suggest a solution to this problem?” the math teacher asked in a really soft and gentle manner. I was awestruck for a moment. I thought, “My goodness! Why is this teacher speaking in such a gentle voice? I feel like a crow in a crowd of pigeons.” “Everyone line up and go to the science lab,” came an instruction from my new principal. That day, I saw a science lab for the first time; we were told to open the new boxes as well. To my utter surprise, all the materials we unpacked were up to date. Also, I did the experiments myself. I even fitted microscopes and telescopes. It was simply an amazing experience. And the most incredible thing was the way the teachers guided us—and the language they used. My Nepali teacher, one of the most inspiring of people, talked and shared ideas with me. I used to wonder why on earth teachers are regarded as second parents and school as a second home. Now I understand why. Bibhuti Shah Class 9 Shree Padma Kanya Vidhyashram Higher Secondary School lll NOTICE I was frustrated amid this conundrum. One day, I was hospitalised due to anxiety and hyper-tension. The doctor told me I suffered due to a whole year of fighting for rights. These terms turned out to be new for my parents. Eventually, I begged my parents switch school for me; they agreed; and now here I am in the Shree Padma Kanya Vidhyashram Higher Secondary School, an oasis for the neglected lot. n Art by Pranav Neupane, Class 3, Chanakya Higher Secondary School, Bhaktapur. A boy and his toy The day is coming When the skies are grey When you have no one to miss You will miss me You will realise I was someone to you I hope that day will come soon He is a boy And he plays with a toy He has a dad Who is very glad One day you will not be Fine without me Though there will be a lot of faces You will see One day you might win the world But not me He has two ears Which are very clear It is very hot He drinks water from a pot That day you will find I was the one To hold your hand And when you fell I was the one to help you stand Sujal Maharjan Class 5 Prerana Secondary Vidya Ashram That day, oh that day One day will be the day When you will hear me say The words I have been saying for years But that day Instead of my tears You will find your own tears Send your poems, essays, travelogues, memories, articles and artworks along with your photo to the following address. All the students are requested to add their class and school name. Riddhi Gautam Class 7 Pathshala Nepal Foundation [email protected] Happiness n Happiness is an asset, That quells fear, Washes away the tears, And brings people near. It can illuminate the dark, Flourish smile, Throws away sorrows, And makes life full of glee. Strengthens our bonds, Spreads brotherhood in the world, At times also brings tears, But not fear. Samikshya Rijal Class 9 Trungram International Academy Art by Lasata Prajapati, Class 5, LRI School. C M Y K life&style kathmandu post the PG 09 | Friday,July8,2016 Bose: Btown writing poor BORN TODAY Actor-director Rahul Bose, known to be part of unconventional films, says Bollywood lacks good writing. He said, “There are films where half of it is written well and half of it is written terribly. You’ve got to write well. Good writing is not happening in Bollywood. The good ones are happening based on books.” American actor Jaden Smith is 18 about town kathmandupost.ekantipur.com Panama Paper movie soon Irish footballer Robbie Keane is 36 American actor Kevin Bacon is 58 Austrian chef Wolfgang Puck is 67 American musician Beck is 46 Filmmaker Steve Soderbergh is producing and may direct an untitled movie about the Panama Papers, the biggest leak of data in corporate and government history. The project is based on the upcoming book The Secrecy World, by Jake Bernstein, a reporter on the team that broke the Panama Papers story. Iron Man now 15-year-old black girl managing art On Mic Ai-La Lounge Friday, July 8 On Mic: Artha Time: 6:30 pm onwards Location: Kumaripati Contact: 01-5008681 BBC Los Angeles, July 7 C nn Octave Friday, July 8 On Mic: DJ Rabbit Time: 8 pm onwards Location: Durbar Marg nn 25 Hours Friday, July 8 On Mic: Bass Bombs Time: 8 pm onwards Location: Tangal Contact: 01-4437486 nn Wicked Spoon Friday, July 8 On Mic: Majipa Time: 7 pm onwards Location: Jhamsikhel Contact: 01-5522968 nn Rato Mato Organics BBQ and Bistro Friday, July 8 On Mic: Harmonix Time: 7 pm onwards Location: Lazimpat Contact: 01-4428576 nn Purple Haze Rock Bar Saturday, July 9 On Mic: Brahmastra Time: 1 pm onwards Location: Thamel Contact: 9803719781 n Attendees listen in to Philippe Van Cauteren, artistic director at Belguim-based SMAK Museum of Contemporary Art, at the workshop titled Masterclass from Municipal Museum of Contemporaty Art. Organised by the Siddhartha Arts Foundation, the two-day workshop revolved around developing curatorial frameworks and visions and managing production of art for large-scale events. GoT’s season seven delayed BBC Los Angeles, June 7 I t is the news which fans of Game of Thrones will not want to hear. Seasons of the show are normally released on HBO in March or April. But its creators have now revealed fans will have to wait longer until they can watch season seven. They said the arrival of winter in the show means they had to push filming back so the weather would reflect that. “Sunny weather doesn’t really serve our purposes anymore,” they explained. At the end of series of six, the Stark prophecy that “winter is coming” came true for the characters. David Benioff and Dan Weiss warned fans that this time around there will be a delay. Benioff said: “We don’t have an air date, but we are starting a bit later because at the end of this season winter is here.” And the bad news for fans does not end there. Last week we told you it looked like there would only be two more series of Game of Thrones. They will also not be as long as the previous ones, which normally contain ten episodes. Benioff said “We don’t have a definite episode count, but each season will be a little bit shorter just because each year it takes longer and longer to shoot.” omic book maker Marvel has revealed a 15-year-old black girl will be donning the famous armour of Iron Man in an upcoming episode of the series. Civil War II sees Tony Stark hang up his boots to be replaced by Riri Williams, the company said. The character is a Chicago-bor n science genius studying at MIT and made her debut earlier this year. news The has prompted a huge reaction online, with many welcoming it as a step forward for diversity. Iron Man writer Brian Michael Bendis told Time he came up with Williams’ character after being struck by the “chaos and violence” of Chicago while working in the city. The Iron Man character first appeared in 1963. The series focuses on billionaire weapons inventor Tony Stark. Tributes pour in for artist Puran Khadka Post Report Khadka’s last solo exhibition, The Wholeness, at the Taragaon Museum in Bouddha, last December, had been celebrated for its virtuoso in the abstract art form. The paintings up on display at the exhibit had explored the visible and the invisible in the physical world. Nepali art fraternity bereaved Artists and art enthusiasts have been left bereaved by the news of Khadka’s demise. “This is an irreparable loss to Nepali art,” said artist Navendra Limbu, who had collaborated with Khadka for the past two decades. “He was an indefatigable crusader for Nepali art. Imbued with a feel of spirituality, his artwork would inspire the viewers to generate ideas of their own.” “He always encouraged us to get into arts. He was also extremely wellversed in the new discourses in the world of art,” said artist Ravindra Shrestha. Keshav Raj Khanal, the president of Society of Fine Arts Journalists Nepal (Sofaj), hailed Khadka as a giant of the Nepali abstract art fraternity. “Throughout his life, he inspired countless other artists. And he will continue to live on as an inspiration to all of us,” he said. Kathmandu, July 7 A rt enthusiasts and well wishers poured into the premises of Nepal Academy of Fine Arts on Thursday to pay their last tribute to the veteran artist Puran Khadka, who passed away on Tuesday. Khadka, who in his long-spanning career of more than four decades made a distinct name for himself in the Nepali art firmament, breathed his last at Medicare Hospital in the Capital on Tuesday. Khadka died from complications related to pneumonia, reported a family source. He was 60. Born in 1956 in a rural village in Achham district, Khadka graduated from the Mumbai-based JJ School of Arts in 1980. Since then, he had been a prolific painter and put out eight solo exhibitions, both in Nepal and overseas. Khadka received numerous awards for his artwork including the Regional Talent Awards conferred jointly by Ministry of Culture and Nepal Academy of Fine Arts. Known as a studious artist among his circle, Khadka was celebrated in the fraternity for his experimentation with new techniques in art. Icelandic book trade gets a kick from Euro 2016 Iceland’s giant-killing football success in France has produced a surge of interest in the country’s literary output the guardian I celand’s heroic performance in the Euro 2016 football tournament has had a surprising side-effect—a boost for the tiny Nordic country’s publishing industry. The head of the country’s largest publishing house, Forlagið, said that, since the Iceland team stormed through to the quarter finals of the tournament, interest had soared, both from readers interested in Icelandic literature and foreign publishers wanting translation rights. Egill Örn Jóhannsson told the Guardian: “With the success and attention Iceland got at the Euros we have felt a significant increase in interest in our authors and works, which is very enjoyable.” The surge in inquiries, he said, has extended beyond Europe and the US to publishers in South Korea and Taiwan. Adding that Forlagid sells a lot of translation rights every year, he said: “Of course publishers and readers want to know more about the country after the success of the football team, and one of the best ways to get to know a country and its people is through its literature, so in a way this is very understandable, as the football team and its supporters made headlines in world news for a couple of weeks.” Forlagid publishes 150 to 200 titles each year, in a wide range of genres. The undoubted star of the show for the company is crime writer Arnaldur Indriðason, author of the Detective Erlendur series. Jóhannsson said: “There are also dozens of other authors doing well, locally and internationally, but Arnaldur is the one that stands out. He, I would say, is one of Scandinavia’s best crime authors and has been a huge hit … he has sold over 12m copies worldwide at this point. ” Also of international interest, Johannson said, is Andri Snær Magnason: “He has been getting a lot of interest, partly because he was running for president of Iceland … His book, The Story of The Blue Planet, has been translated into 30 languages. Then I must mention Lilja Sigurðardóttir. Her crime novel who was a bestseller in Iceland last year is getting a lot of attention from international publishers.” Although Forlagið puts out a wide range of books, it majors in fiction— and that’s what the foreign publishers are looking for, said Jóhannsson. “Especially titles that are very ‘Icelandic’, so the reader can in a way feel how Iceland and Icelanders are.” While BBC football presenter Gary Lineker observed that there were more volcanoes in Iceland than professional footballers, that’s not true of would-be writers. The population, of just under 330,000, is full of wannabe writers. “There is a saying in Iceland that every Icelander has either written a book or wants to write a book,” said Jóhannsson. “So yes, the literary scene in Iceland is extremely lively. We get a new Icelandic manuscript on average every day, and that’s just us—there are over 100 publishers active in the Icelandic market every year. “Our heritage mainly comes from writing, in the Sagas, and we have had a lot of quality writers over the years, including one Nobel prize-winner”. (Halldór Laxness won the Nobel prize in literature in 1955 for a huge body of work including novels, short stories, journalism and poetry). The appetite for literature in the country is huge, said Jóhannsson, with a healthy homegrown writing industry as well as translated fiction. “The marketplace itself is of course limited because of the size of the population, but I would have to say that every year the number and quality of titles being published is amazing. Many titles, I must say, are at a par with what is best happening in the world. We also do a lot of translated work, both in fiction and nonfiction from all over the world.” But although sales—and interest in Icelandic books—are increasing, Jóhannsson said: “The industry is in fact very small … I would think that the yearly turnover in the book trade is around £34m, so we are quite small in terms of the economy.” C M Y K variety Friday, July 8, 2016 thekathmandu post 10 TODAY’SHOROSCOPE ARIES (March 21-April 19) **** Feel like you want some time on your own? Well, that’s good, because today is a wonderful day to take it. Do whatever it takes to get some alone time, whether you want to take a vacation day, work from home, or schedule yourself a getaway solo weekend. u d TAURUS (April 20-May 20) *** Are you spending too much energy on getting involved in the lives of others? If so, you are depriving yourself of the attention that you need to be happier and content. Going out with friends is perfectly fine, but you should not be doing it every single night. GEMINI (May 21-June 21) *** If you are truly happy for a friend who has started a new relationship, be sure to show it—they might be under the false assumption that you are jealous or unhappy about the fact that they’ll be spending less time with you in the future. CANCER (June 22-July 22) ** Today, use any downtime you might have to double check the work that you’ve done so far. It’s not that you have been sloppy; it’s just that your recent good news may be causing you to lose your concentration. LEO (July 23-August 22) *** Getting clutter out of the way in your day-to-day life will help you clear the clutter out of your brain too, so put some energy into cleaning up around your house and getting things organised today. It’s a task you can turn your mind off. VIRGO (August 23-September 22) ***** Don’t be surprised if you are asked to help out with planning a big group event today. Your organisation skills are bigger and brighter than ever, and people have been noticing. It’s in your best interests to get involved in this event. Yesterday’s Solution s o k u c r o WORD GAME GRAFFITI s s w o r d LIBRA (September 23-October 22) ** From the quality of your cup of coffee, you already know you shouldn’t expect a lot out of today. But don’t get upset if things progress even less than you think they will. One day’s failure does not mean that you will continue to under-perform. SCORPIO (October 23-November 21) ** Having a healthy ambition is fine, but just because you have a lot of drive for success doesn’t mean that you know which direction to go in. When an opportunity comes your way today, make sure that you don’t just dive right in. SAGITTARIUS (November 22-December 21) ***** The more attention you pay to beauty today, the more you are going to inspire yourself to come up with new ideas of solving old problems. You will attract new people to your life. So go on, soak in the scenery and try to find a beautiful spot to enjoy the sunset. CAPRICORN (December 22-January 19) ** If you want to make a change in your life right now, make it slowly. Hurrying to meet a certain goal or rushing towards what you think you want isn’t wise right now. You need to think things through. Take time, when you reach a crossroads. DILBERT RIPLEY’S BELIEVE IT OR NOT AQUARIUS (January 20-February 18) *** Stop thinking so much about tomorrow and start living in the moment today! There are a lot of amazing opportunities all around you, but if you are too busy thinking all about what you want to do next, you are going to completely miss out on them! PISCES (February 19-March 20) **** Just because you haven’t seen a friend for a long while does not mean that you two have drifted away. They still care about you, and they would love to hear from you. Today, call them up and ask them for some advice on an issue you are struggling with. L A U G H O U T L O U D K A N T I P U R T V K A N T I P U R F M A woman gets on a bus with her baby. The driver says: “Ugh, that’s the ugliest baby I’ve ever seen.” The woman walks to the rear of the bus and sits down, fuming. She says to the man next to her: “The driver just insulted me.” The man says: “You go up there and tell him off. Go on, I’ll hold your monkey for you.” nnn R I nnn Q:How many Keynesian economists does it takes to change a light bulb? A:All. Because then you will generate employment, more consumption, shifting the aggregate demand to the right. 5:00 Bhaktisur/ AmritBani 6:00JeevanBigyan/ Jyotish Manthan 6:40 Sky Shop 7:00 Kantipur Samachar 8:00 Kantipur News 8:30 Rise N Shine 9:00 Headline News 9:05 Marga Darshan 10:00Kantipur Samachar 10:30 Market Updates 11:00 Headline News 11: 05 Music Galaxy 11:30Infoplus 12:00Kantipur Samachar 6:00 6:30 7:00 7:30 8:00 00:00 Non – Stop Hindi Songs 02:00 Non – Stop Nepali Pop/Adhunik Songs 04:00 Non – Stop Bhajan 05:00 Bhakti Anusthan 06:30 Kantipur Diary 07:00 The Headliners 07:30 Radio Magzine 08:00 Kantipur Diary 08:05 The Good Morning Show 09:00 Traffic Update 09:30Kickstart 10:00 Kantipur Diary 10:05 New Releases 11:00 Kantipur Diary 11:05Femina 12:00 Kantipur Diary 12:10 Brunch With Bhumika 13:00 Kantipur Diary 13:05 Ke Chha Nepal 14:00 Kantipur Diary 14:05 Ke Chha Nepal 15:00 Kantipur Diary 15:15 SauraiKrishna Malla 12:30 1:00 1:05 1:30 2:30 3:00 3:05 4:00 4:30 5:00 5:05 Kilo Tango Mike Headline News Quiz Mania Season 4 Kantipur Samachar Rise N Shine Headline News Sajha Sawal Kantipur Samachar New Entry Headline News Call Kantipur Reloaded Kantipur News Score Board Kantipur Samachar Market Updates Kantipur Samachar E E N T O G R A P H T What is the definition of “accountant”? Someone who solves a problem you didn’t know you had in a way you don’t understand. 9:00 Samkon 2 10:00MNS 10:30 Kantipur News 11:00 Kantipur Samachar 11:30 Market Updates 12:00 Call Kantipur Repeated 1:00 Kantipur News Repeated 1:30MNS 2:00 Kantipur Samachar Repeat 1 2:30 Score Board 3:00 Kantipur Samachar Repeat 2 3:30 Samkon 2 4:30MNS P S GARFIELD SULTAN 16:00 Kantipur Diary 16:05 Cine Quiz 17:00 Kantipur Diary 17:05 Fanatic Friday 18:00 Happy Life 18:30 Kantipur Diary 18:55Khoj 19:00Playtronix 20:00 Kantipur Diary 20:05 Wheel No Tension 21:00 Kantipur Diary 21:30 Club Mix 23:00 Aaja Dheki Arko Aaja Saamas Savour the cardamom and saffron spice, slow-cooked kebabs and kormas at Indian restaurant serving Awadhi cuisine. contact: 427399, at Soaltee Crowne Plaza V S PEARLS BEFORE SWINE F I L QFX Civil Mall: 07:45/08:00/08:30/11:45/ 12:00/14:00/15:30/18:30/19:15/20:15 QFX LABIM Mall: 08:00/08:30/09:00/11:45/ 12:15/15:30/16:00/19:15/19:45 QFX Kumari: 08:15/08:45/12:30/14:30/16:15/20:00 QFX Jai Nepal: 07:30/11:15/15:00 THE LEGEND OF TARZAN 3D M QFX LABIM Mall: 12:45/18:00 QFX Civil Mall: 15:45/17:45 QFX Kumari: 12:00 S INDEPENDENCE DAY: RESURGENCE 3D QFX Civil Mall: 11:15 FINDING DORY 3D QFX LABIM Mall: 15:15 Dip yourself at probably the best pool in the town at Park Village Resort. Rate: Rs. 1500 for adults & 1300 for children and includes french fries, free Wi-Fi & 20% discount on Food & Beverage. Contact: 9801033114 Weekends brunch @ Hyatt Regency—treat yourself with a lavish buffet lunch, splash by the swimming pool or laze around outdoor, Jacuzzi, all for just Rs 2300 plus taxes per person. Contact: 4491234 Sandwich and Crepes: Taste the sandwiches and crepes at The Lounge from 11 am to 6 pm everyday. For further details call Hyatt Regency at 4491234. Enjoy live DJ nights, on every Sunday chill out/ ambient, Wednesday tech/ funk house & Friday psy/ proggy/ full on from 6:00 pm to 10 pm at garden and 7:00 pm onwards at club at Funky Buddha Resturant & Bar, contact: 4700091 Krishnarpan—a specialty Nepali Restaurant at Dwarika’s, 6 courses to 22 courses Nepali meal served. Opening Time: 6 pm-11 pm. Prior reservations required, contact: 4479448 China Garden offers delectable dishes from across Asia, including Japanese, Korean, Vietnamese and Chinese. Timings: Lunch: 1230-1445 hrs, Dinner: 1900-2245 hrs, contact: 427399 at Soaltee Crowne Plaza Relax and Unwind this summer at Waterfront Resort, Sedi Height, Pokhara @ Rs. 6000 Nett per night on Bed & Breakfast basis. Contact: 9801133378 / 9849143552 We serve nothing but the finest Arabica coffees at great value prices at Barista Lavazza Coffee Restaurant, Lazimpat, Contact: 4005123/4005124 Rosemary Kitchen and Coffee shop, Thamel, opening hours: 7:00 am to 10:00 pm offers an International cuisine in reasonable prices. Contact 01-4267554 Enjoy snacks and drinks from 4:00 pm to 11:00 pm every day and nightly live music from “The Corner Band” except Tuesday and Saturday from 7 pm to 11:00 pm at Corner Bar, Radisson Hotel. Contact: 4411818 Set within the historic Garden of Dreams, the Kaiser Cafe Restaurant and Bar, Thamel, offers a continental menu and serves as an atmospheric venue for anything from a quiet coffee or intimate meal. Contact: 442534 Jasmine Fitness Club and Spa, Fully equipped gym and spa; Zumba, aerobics and cardio classes; therapeutic massage; beauty parlour and men’s salon. Tripureshwor; Contact: 4117120 The Italian restaurant serves authentic Italian cuisines in an elegant ambience for both lunch and dinner. Timings: Lunch: 1230-1445 hrs, Dinner: 1900-2245 hrs, Contact: 427399, at Soaltee Crowne Plaza Garden Terrace offers an authentic world cuisine, providing diners with the unique experience of observing their selected dishes being prepared by chefs. Contact: 427399 at Soaltee Crowne Plaza Mako’s offers traditional Japanese food served. Don’t miss out on Mako’s special Tempuras, and green tea ice cream, Time: 11: 30-14:30 & 19:00-22:00, contact: 4479448 Bourbon Room, Lal Durbar Marg is open for lunch from 12 noon. Enjoy affordable and delicious meals starting from Rs 99! We are currently offering Indian & chinese combos along with momos. Call: 4441703 Out-of-Africa Lunch amid rural splendor: Sat & Sun from 1130 to 1630 hours at The Watering Hole, Indrawati River Valley. For prior reservation contact: [email protected] Every Friday BBQ from 7:00 pm at Fusion Bar & Pool side at Dwarika’s Hotel with live band “Dinesh Rai and Sound of Mind”. Price Rs 1600/ includes BBQ dinner and a can of beer or a soft drink. Contact: 4479448 Trisara offers food and drinks along with good music and great times. Sunday- Live Music by Barbeque Night, Monday, Wednesdayby Positive vibes, Tuesday, Saturday-By Jyovan Bhuju, Friday-Live Music by Dexterous Ayurveda Health Home has been providing ayurvedic treatments/ massages, sirodhara & counseling for stress, detox & rehabilitation. Dhapasi, Kathmandu: 01-4358761, Lakeside Pokhara 061-463205 Every Friday evening enjoy Starry Night BBQ from 7 pm onwards at Shambala Garden Café at Hotel Shangri La with live musical performance by Ciney Gurung. Contact: 4412999 Kaiser Cafe Restaurant & Bar at The Garden of Dreams, opening time: 9 am till 9 pm, offers an international cafe menu serving breakfast, lunch, dinner, specialty tea’s, coffees and pastries, contact: 4425341 Manny’s Eatery and bar introduces a special lunch package that is affordable, tasty, nutritious and quick enough to fit your lunch break, Jawalakhel, Shaligram complex, 5536919 Enjoy a Barbecue Buffet at the Radisson Hotel, wide selection of mixed fresh grills and vegetables together with a choice of salads and a delicious dessert buffet at a rate of Rs. 1,350 plus taxes per person. Contact: 4411818 Make your weekend more exciting with family and friends with sumptuous Satey, Dimsums, Mangolian Barbecue and Pasta at The Cafe from 12:30 noon to 4:00 pm. Call: Hyatt Regency, at 4491234 Hotel Narayani Complex, Pulchowk, Lalitpur presents Shabnam & Cannabiz Band every Wednesday and Rashmi & Kitcha Band every Friday, 7:30 PM onwards @ Absolute bar P Ltd; Contact: 5521408 Enjoy Bubbly Brunch every Saturday from 11 am to 3 pm at Shambala Gardena and Club Sundhara. Contact: 4412999 Embers Bar, Pulchowk, in all its sophistication and glory is happy to announce Happy Hours every 6-7pm. It will be hosting a Barbeque night every Friday from 6:30-9:30pm The Toran, an ideal location for all day lounging and informal dining offers multi-cuisines. Contact: Dwarika’s Hotel, 4479488 Latin—Gypsy Jazz at The Corner Bar, Radisson Hotel, Kathmandu with Hari Maharjan feat Monsif Mzibiri, 7 pm onwards, Wednesdays & Fridays. Contact: 4411818 The most delightfully awesome chicken momos & yummy rich chocolate cake on this part of the planet @ Just Baked Bakery & Cafe, Battisputali, offering much more specialties at affordable price. Starry Night BBQ—every Friday Evening from 7:00 pm at Shambala Garden Café, Hotel, Shangri~La only @ Rs 1799 net per person and live performance by Ciney Gurung. Contact: 4412999 Revolution Cafe, AmritMarg, Thamel, away from busy crowed street, offers great music, fast wi-fi and wide menu with reasonable prices. Operation hours: 7 am to 10 pm, contact: 4433630 Learn cardio, gym, aerobics, zumba, spa, boxing, kick-boxing, b-boying, bollywood dance at Oyster Spa and Fitness Club, Sinamangal. Time: Sunday to Friday from 5 am to 8 pm. Contact: 4110554 Experience The Last Resort, the perfect place for family fun adventure and relaxation. Special packages for residents. Contact: 4700525/ 4701247 or mail us at [email protected] Asia World Travel Pvt Ltd presents fascinating luxury escapades to amazing destinations: Prague, Ladakh, Bangkok, Singapore, Kuala Lumpur, Mount Kailash and Panchpokhari in North East Nepal. Contact: 6222604 Jungle Safari Lodge, Sauraha Chitwan offers 2 Nights 3 Days package only for Rs 6500 per person. Suman 9851008399 Much needed getaway—1 night/2 day package @ Hyatt Regency. Enjoy luxury stay of a five star hotel for a couple with breakfast and access to spa facilities for just Rs 9999 plus taxes per person only. Contact: 4491234 Experience the Gyakok @ Shambala Garden, Hotel Shangri~la only @ Nrs.1700 Nett per person and Nrs.3000 Nett for couple. For more details and reservation: 4412999 Enjoy Gourmet Saturday Brunch with your family and friends at the Sunrise Restaurant , Hotel Yak & Yeti from 12-7 pm every Saturday. Contact: 4248999 Escape, relax and get in shape @ Hyatt Regency. Embark on a personal well-being at Club Oasis. Remember us for Tennis, sauna, Jacuzzi, swimming, fitness centre and Beauty Salon. Contact: 4491234 Yoga detox and Ayurveda treatments and retreats every day at Himalayan Peace & Wellness Centre, Park Village Hotel. Get 10% discount on all Ayurvedic treatments. Contact: 980106661 C M Y K 11 the kathmandu post kathmandupost.ekantipur.com Friday, July 8, 2016 Portugal end Wales’ fairytale journey Agence France-Presse Lyon, July 7 Portugal’s Cristiano Ronaldo celebrates after defeating Wales during their Euro 2016 semi-final at the Parc Olympique Lyonnais Stadium on Wednesday. AFP/RSS Cristiano Ronaldo became the “Dragon-slayer” as his record-equalling ninth European Championship goal helped power Portugal past Real Madrid teammate Gareth Bales’ Wales and into the Euro 2016 final. Ronaldo brilliantly rose above the Wales’ defence to score his country’s first goal in the 2-0 win in front of 50,000 fans in the Stade de Lyon on Wednesday. Nani deflected the Portugal hero’s shot for the decisive second goal that saw their country into Sunday’s final. Ronaldo and Bale had not spoken in the tournament before Wednesday’s match. With victory sealed, Ronaldo embraced his club teammate at the end. “The team did a marvellous job to reach the final. I hope on Sunday you’ll see me crying with joy,” said Ronaldo, who as a 19-year-old wept on the pitch after Portugal lost 1-0 to Greece as hosts of the Euro 2004 final. Bale paid tribute to the three-time world player of the year with whom he has not always had an easy relationship in Madrid. “He’s a natural goal-scorer and he scored yet again,” said Bale. “We’re obviously massively disappointed. We’ve got to be proud of ourselves first and foremost. We gave everything, we have no regrets,” he added, RICARDO QUARESMA PEPE With only one start in the first four matches, Ricardo Quaresma has provided some much needed spark off the bench. The forward went on against Hungary and made an excellent cross for Ronaldo to score his second goal and seal the draw in match where Portugal needed a point. Quaresma then had his moment to shine when he scored the injury-time goal to send Portugal past Croatia and into the final eight. Portugal doesn’t have the tightest of defenses, but the player who most often rescues his teammates at the last second is Pepe. The centerback is the heart of Portugal’s defense and a steady hand in comparison to Ricardo Carvalho, who was dropped for the last match against Croatia. Along with Ronaldo and goalkeeper Rui Patricio, Pepe is the only other Portugal player to have played every minute of the competition for coach Fernando Santos. (Portugal) predicting Wales would be a force in qualifying for the 2018 World Cup in Russia. “We’ve given everything, on the pitch, off the pitch,” Bale said of Wales stunning campaign in their first major tournament since 1958 when it took a Pele goal to beat them in the World Cup quarter final. British media called the 31-year-old Ronaldo the “Dragon-slayer” as they recounted how the sharpshooter had stunned Welsh fans brandishing flags and t-shirts with the national red dragon symbol. Bale had the better of the first half showing off his pace and power to threaten the Portuguese goal. But five minutes into the second period, Raphael Guerreiro curled a cross to the back post and Ronaldo leapt above James Chester to head past Wales goalkeeper Wayne Hennessey. Three minutes later, Nani, who has just completed a move from Turkey’s Fenerbahce to Valencia in Spain, instinctively pushed out his leg to deflect a Ronaldo shot past Hennessy. Tens of thousands of fans celebrated in Lisbon’s Praca do Comercio. Heads dropped in the Millennium Stadium in Cardiff. Ronaldo said he had congratulated Bale on Wales’ “amazing run”. “They were the revelation team. I wished him good luck and as for the rest (of the conversation) I’d rather not say.” Ronaldo is desperate to win on Sunday at the Stade de France in what could be his last big chance of winning a Euro or world title. Portugal did not win a match in regulation 90 minutes before the semi-final. “Maybe it didn’t start as we wanted, but this is not a 100 metre dash, it is a marathon,” said the captain. Portugal coach Fernando Santos, 61, said the final will be the highlight of his long and much-travelled career. Santos said he would be closely analysing Thursday’s game between France and Germany for potential weaknesses. “It is my country, my flag, my fatherland, so from a personal point of view it is very important for me. Two very strong teams face off tomorrow. I will watch the game very attentively to analyse our opponent.” (Portugal) Whole of Wales enjoyed Euro, says Bale Agence France-Presse Lyon, July 7 Gareth Bale believes Wales made a nation proud in their unprecedented run to the Euro 2016 semi-finals and backed Chris Coleman’s men to reach the World Cup in Russia in two years’ time. Bale’s Real Madrid teammate Cristiano Ronaldo ended Welsh dreams of reaching Sunday’s final as he powered home the opener before teeing up Nani for a quickfire second as Portugal emerged 2-0 vic- tors in Lyon. However, Bale reflected upon an incredible rise for Wales from 117 in the world rankings less than five years ago to their first ever semi-final in a major tournament. “It obviously hurts now, because it’s fresh, but we’ve been on an amazing journey, which I think the whole nation has enjoyed,” said Bale. “I hope they have enjoyed it as much as us. We want to thank them all for their support, it’s been incredible, our fans and staff have all been incredible. These are moments none of us will ever forget.” Coleman called on his players to maintain the desire that took them so far in France for a World Cup quali- fying group featuring Austria, Serbia and the Republic of Ireland which starts in September. “The hunger is there more than ever,” insisted Bale. “It obviously hurts to lose, we have enjoyed the experience together, but there is a lot more to come and a lot more to improve on. Come the World Cup qualifiers, which are not too far away, we’ll be raring to go. We wanted to test ourselves against the best countries in the world, we have done ourselves and our country proud and we can hold our heads high and give it a go again,” he added. One of Wales’ few regrets was that they went down with- out one of their star performers during the tournament as Arsenal midfielder Aaron Ramsey was missing through suspension. And he called on Coleman to stay on as boss to build press on with the momentum built up over the past four years. “It’s brilliant. You can see the amount of fun we have on the pitch, we enjoy playing together. We’re working hard for each other and playing with freedom, so all the players enjoy playing under him.” Portugal revel in new epic with win Agence France-Presse Lisbon, July 7 n Germany fans gather in Marseille prior to their Euro 2016 semi-final match against hosts France on Thursday. REUTERS Tens of thousands of fans packed into one of Lisbon’s main squares exploded with joy as Cristiano Ronaldo’s Portugal completed their landmark win over Wales to reach the Euro 2016 final. Horns blared out and flags were hurled in the air as the final whistle ended the match with a 2-0 win in which Ronaldo scored the opening goal. “We are in the final, we are in the final,” became the mass chant in the Praca do Comercio, which was overlooked by a giant screen to show the match. The wall of noise soon spread into neighbouring streets as fans celebrated another step in their campaign to get over the trauma of losing the Euro final on home territory in 2004. Portugal has not forgotten images of a 19-year-old Ronaldo in tears after the 1-0 defeat by Greece 12 years ago. Huge cheers went up every time Ronaldo appeared on the giant screen. Ronaldo hopes for tears of joy Agence France-Presse Lyon, July 7 Portugal captain Cristiano Ronaldo said he hoped he would cry tears of joy at Sunday’s Euro 2016 final after his goal inspired his team to a 2-0 semi-final win over Wales. The Real Madrid superstar scored a brilliant 50th-minute header in Lyon on Wednesday and then teed Nani up for a quick-fire second goal as Portugal qualified for the final against Germany or France. “The team did a marvellous job to reach the final. I hope on Sunday you’ll see me crying with joy,” said Ronaldo, who as a 19-year-old wept on the pitch after Portugal lost 1-0 to Greece as hosts in the final of Euro 2004. “I always said I wanted to win something with Portugal. I’ve been at the highest level for 13 years. The statistics never lie.” Ronaldo’s goal, his third at the tournament, saw him tie France great Michel Platini’s record of nine goals at European Championship. C M Y K sports kathmandu post the PG 12 sports digest Dharma Shree set for Sept 29 KATHMANDU: The highest cash prize Dharma Shree Bodybuilding Championship is set to be held here on September 29 and 30. The overall winner of the tournament will grab a cash purse of Rs 500,000, informed organisers Nepal Byayam Mandir on Thursday. A total of 400 players are expected to participate in the twoday event that has 55, 60, 65, 70, 75, 80 and above 80kg weight categories. Two players from each category will enter the Finals. The second and third place finishers will receive Rs 200,000 and Rs 100,000 respectively. Cash prizes are also set aside for builders rounding up inside the top seven. (PR) Tamang makes it to last 16 KATHMANDU: Nepal No 1 shuttler Ratnajit Tamang entered the pre-quarterfinals of the Yonex US Open Grand Prix Badminton Championships on Wednesday. Tamang defeated a player from Guatemala 18-21, 21-15, 21-8. The victory earned Tamang a cash purse of $750, informed Nepal Badminton Association Ramji Bahadur Shrestha. In the men’s doubles, Tamang and Bikash Shrestha lost to Canada. (PR) Friday,July8,2016 (C.R.P.D.)—3/052/053 kathmandupost.ekantipur.com Uefa to decide on Sakho soon ECB penalises Bopara, Best Liverpool and France defender Mamadou Sakho goes before a Uefa disciplinary panel and will learn his fate for a doping infringement within a few days. Sakho tested positive after a Europa League tie with Manchester United in March 17 for taking a product to reduce body fat. The 26-year-old is said not to have known the composition of the weight-loss supplement. Essex all-rounder and England international Ravi Bopara and Hampshire bowler Tino Best were each slapped with three penalty points for breaching the England and Wales Cricket Board’s discipline code. Both players were reported after incidents in June 24’s T20 Blast match between their two teams, which Essex won by five wickets. Lampard on target as City march on Frank Lampard scored the only goal as New York City FC beat the New England Revolution 1-0 to record their fourth consecutive victory and take a four-point lead at the top of Major League Soccer’s Eastern Conference on Wednesday. Lampard struck in the 58th minute, fortuitously diverting a firm cross from Tommy McNamara into the net. Serena storms into final Shrestha claims npga tour championship Germany’s Angelique Kerber denies an all-Williams summit clash defeating Venus 6-4, 6-4 Agence France-Presse London, July 7 Angelique Kerber booked a Wimbledon final showdown with defending champion Serena Williams as the German ended Venus Williams’ bid for a fairytale title with a 6-4, 6-4 victory on Thursday. Serena’s demolition of Elena Vesnina in the day’s first semi-final had set up the prospect of a first all-Williams Wimbledon final since 2009. But Kerber had no intention of being a footnote in Wimbledon history and she saw off five-time champion Venus in 71 minutes on Centre Court to reach her first All England Club title match. “Venus won so many times here and was playing really well. That’s why I’m so happy to reach my first Wimbledon final,” Kerber said. “It’s a really good feeling. I’m really enjoying my tennis life.” Kerber stunned Serena to win her maiden Grand Slam crown in the Australian Open final in January and the 28-year-old again stands in the way of the world number one’s bid to win a record-equalling 22nd major. beaten one Having Williams, the fourth seeded Kerber can set her sights on becoming the first player to defeat both of the American n Serena Williams of the US returns to Elena Vesnina of Russia during their Wimbledon semi-final match in London on Thursday. siblings in the same Grand Slam since Kim Clijsters at the 2009 US Open. “It’s a completely new tournament and surface. I will just try to go out with a lot of confidence and play my best tennis,” Kerber added. If she can cause another upset against six-time champion Serena, Kerber would AP become the first German woman to win Wimbledon since Steffi Graf in 1996. Kerber couldn’t be in better form heading into Saturday’s final. She had raced through her six matches at Wimbledon without dropping a set, now has WTA tour-best 34 match wins in 2016 and is guaranteed to rise to a career-high second in the world rankings next week. Venus had become a sentimental favourite at the All England Club over the last fortnight as she returned to the last four of a Grand Slam for the first time in six years after a long battle with Sjogren’s syndrome, an illness that causes fatigue and joint pain. The 36-year-old had won all eight of her previous Wimbledon semi-finals dating back 16 years to her maiden appearance in the last four when she defeated Serena. But in her first All England Club semi-final for seven years, Venus—the oldest woman to make the last four since Martina Navratilova in 1994 — was unable to roll back the years one more time. Kerber landed the first blow with a break in the opening game, but Venus hit straight back with a break of her own. It was six games before Kerber managed the first successful service hold of the match. That proved a crucial moment as she pressed home her advantage with a fourth successive break. Venus finished the first set with more aces and as many winners as Kerber, yet an unusually high total of 12 unforced errors had proved decisive. Kerber held a 3-2 edge in her previous meetings with Venus and the German was well on course to maintain her mastery of the seven-time Grand Slam champion when she broke in the first game of the second set. Despite looking emotionally and physically drained by her longest run at Wimbledon for seven years, Venus didn’t throw in the towel. But her dreams of a first major title since 2008 were finally put to rest when Kerber unleashed one last crunching cross court winner. title in playoff POST REPORT Kathmandu, July 7 Defending champion Shiva Ram Shrestha defeated Rabi Khadka in the first extra hole of playoff to claim back-toback title of the Surya Nepal NPGA Tour Championship at the Gokarna Golf Club on Thursday. The final event of the Surya Nepal Golf Tour 2015-16 season was pushed to playoff after Shrestha and Khadka were tied on two-under 286 after 72 holes. Both carded two-under 70 on the final round. Overnight leader Bhuwan Nagarkoti finished third after the home club pro faltered to three-over 75. In the playoff, both the players hit the green on the par-3 10th hole and Rabi was about 35 feet from the hole and missed his birdie. Shrestha made the birdie putt from 30 feet, he had forced playoff carding a birdie on the 72nd hole. Shrestha earned himself a purse of Rs 100,000 and Rabi got Rs 63,000. Nagarkoti got Rs 45,000. Shrestha and Khadka were four-strokes behind overnight leader Nagarkoti. However, Khadka matched Nagarkoti after the front nine as the former carded one-under 35, while the overnight leader shot one-over 37. Shrestha was even-par 36, two-strokes behind Khadka and Nagarkoti. Playing in the forward group, Khadka shot one-under 35 on the back nine to wait on his fate. As the last group approached, Shrestha was one and Bhuwan was two shot behind with both sinking birdies, thus making way for the ultimate champion for a playoff battle. On regular play, Shrestha made birdies on third, eighth, 12th and 18th holes and made bogeys on first and fourth holes. Khadka carded birdies on second, seventh, 11th and 15th holes and suffered bogeys on eighth and 14th holes. Nagarkoti made bogeys on fifth, 11th, 13th and 14th holes before making lone birdie of the round at the last hole. Sanjay Lama finished fourth at two-over 290, while Ramesh Adhikari (73) was fifth at three-over 291. Jayaram Shrestha (73) was sixth at five-over 293. Deepak Thapa Magar (71) was seventh at eight-over 296, Rame Magar (70) was eighth at 10-over 298. In amateur section, Tanka Bahadur Karki won the title with the total score of threeover 291. He played three-under 69. Overnight leader Tashi Tshiring played five-over 77 for a total of seven-over 295. Sukra Bahadur Rai (75) was distant third at 312. A total of 46 players including 15 amateurs took part in the event. Published and Printed by Kantipur Publications Pvt. Ltd., Central Business Park, Thapathali, Kathmandu, Nepal, P. B. No. 8559, Phone: 5135000, Fax: 977-1-5135057, e-mail: [email protected], Regd. No. 32/048/049, Chairman & Managing Director : Kailash Sirohiya, Director : Swastika Sirohiya, Editor-in-Chief : Akhilesh Upadhyay news Friday, July 8, 2016 thekathmandu post 02 1 Eid becomes an occasion for interfaith exchanges ANUP OJHA KATHMANDU, JULY 7 Thousands of Nepali Muslims were joined by people of different faiths to celebrate Eidal-Fitr at over 2,500 mosques across the country on Thursday. Eid, one of the biggest festivals of the Muslim community, is observed to mark the end of the holy month of Ramadan during which Muslims observe dawn-to-dusk fasting. 2 The government had declared a public holiday on Thursday on the occasion of the festival. Samim Ansari, adviser at the Jame Masjid, the biggest mosque in the country, said over 10,000 Muslims offered prayers at the Jame Masjid on Thursday. Gani Ansari, a journalist with BBC Nepali Service, who hails from Bisrampur of Parsa district, says that over 90 percent of the Eid greetings 4 he received on Thursday through social media and phone were from his Hindu friends. “Although the Nepali society appears divided on ethnic and regional lines, the cultural unity remains intact, and we should not allow any politics in it,” said Ansari. Avas Shakya, 29, from Lalitpur, who follows Buddhism, on Thursday visited Kashmiri Masjid in Durbarmarg, and offered prayers. He says he is inspired by the discipline and humanistic approach taught by Quran. Singer Almoda Rana Upreti, released a cover version of Kun Faya Kun, a Hindi song, to dedicate it to the people of the Muslim community to mark Eid, on Youtube this week. “We compose Dashain and Tihar songs to celebrate the festivals, why not celebrate Eid with Sufi music,” says Rana. 3 5 6 8 7 n (1) Muslims offer prayers at a mosque in Nepalgunj (2) A man from Muslim community gets ‘surma’ (kajal) before prayers at the Kashmiri Masjid in Kathmandu (3) A man holds his child at a mosque (4) Muslim women offer prayers at Badki Masjid in Taulihawa of Kapilvastu (5) Muslims and Buddhists exchange greetings in Besishahar of Lamjung (6) Two Muslim men hug each other as they exchange greetings at BP Chowk in Nepalgunj (7) Muslims wash themselves before offering prayers at a mosque in Kathmandu and (8) A Muslim youth reads prayers in Kathmandu, as Muslims across the country observe Eid-al-Fitra on Thursday. post photos: Angad Dhakal/Sanjog Manandhar/MANOJ POUDEL, REUTERS CIAA arrests DAO official KAKADBHITTA: A team from the eastern region office of the Commission for Investigation of Abuse of Authority (CIAA) on Thursday arrested a Jhapa District Administration Office official red-handed while receiving Rs 100,000 as bribe from a service seeker. DSP Ramesh Basnet said Nirmalraj Khanal, a section officer at the DAO, had taken the amount from the service seeker promising to “complete his task”. DSP Basnet said Khanal had reached Damak to collect the bribe. (PR) Nepalis in New Delhi falling prey to ‘digital crime’ On-the-run poacher held KAMAL DEV BHATTARAI NEW DELHI, JULY 7 A few months ago, Rupa Bista (name changed) approached the Embassy of Nepal in New Delhi seeking help. She told the embassy officials that her friend, who she identified as Orenando Banado from London, had sent her $15,000 and other valuable goods which were confiscated by Indian customs officials. She told the embassy officials that she wanted help to release the confiscated items. SSP Yadav Raj Khanal, a police attaché at the embassy, and other embassy officials approached Delhi Police and other concerned agencies “to release the items”. Later, it was found that no such items had ever arrived. As a matter of fact, she had been duped, according officials. It later turned out that Rupa had already spent around Rs 500,000 to get the items, which never existed, released. Police and embassy officials said many Nepalis were falling prey to such kind of “digital crime”. In Rupa’s case, the story Embassy officials say they have received as many as four complaints in the last six months in which people have said they were duped into paying money goes like this: Rupa meets “the man from London” through Facebook. They become friends. Rupa finds the man “loving and caring”. One day he tells Rupa that he has sent $15,000 and other gifts. An elated Rupa waits for the consignment to arrive. A few days later, a person, identifying himself as an official from the Delhi Customs Office, calls Rupa and tells her that the customs officials had found cash in the package, which is in violation of the rules. He tells her that if she does not deposit $1,000 in a certain bank account, the cash and valuables will be confiscated for good. She informs about this to her friend in the UK, who insists that she follow the “customs’ official’s” instructions. After a few days, she is again asked to deposit more money. Even after spending $5,000, she fails to receive the package. And suddenly her “friend” disappears. A frantic Rupa rushes to the embassy for help. According to the embassy officials, Rupa is not the only victim of such scam. According to SSP Khanal, the embassy has received as many as four such complaints in the last six months. Embassy officials are facing a hard time convincing these victims not to get trapped into such scams. “Officials from the Crime Branch Delhi have informed us that such fake cases are increasing in Delhi. They said they have made a few arrests as well,” said SSP Khanal. According to him, such fraudsters lure people into depositing money in their bank accounts in return of huge amount of money and other valuables. Once they receive the money, they disappear and their bank accounts are closed. Embassy officials have urged all to be careful while making friends through social media. post report kathmandu, JULY 7 Lakshi Thapa, who was convicted of rhino poaching years ago, has been arrested from Kathmandu. Thapa, a permanent resident of Patabhar-8 in Bardiya district, was found guilty of poaching a rhino in Bardiya National Park five years ago. He was sentenced to six years in jail and slapped with a fine of Rs 100,000. He was, however, on the run. He has been sent to Bardiya District Prison, according to officials. C M Y K money kathmandupost the INR67.367574.639 0.6682 87.403 68.9 GBP0.7708 0.854 0.0076 JPY100.93 111.83 EUR0.9024 USD Ncell seeks additional 40.6Mhz bandwidth Telecommunications service provider Ncell has asked for an additional 40.6Mhz bandwidth of frequency in four different bands from Nepal Telecommunication Authority (NTA). “The company has been demanding additional bandwidth of frequency under different bands of frequency since 2010,” said an NTA official. “Recently, we have got another letter from them requesting us to award additional bandwidth frequency it has been asking for a long time.” It has asked the authority for 1.6Mzh bandwidth under the most popular 900Mzh band so that its bandwidth would be equivalent to that of state-owned Nepal Telecom (NT). Currently, Ncell has 8Mhz bandwidth of frequency, while NT has 9.6Mhz under the 900Mzh band. Pg: II Bajaj V set to roll out on Kathmandu roads HH Bajaj, the authorised dealer for Bajaj motorcycles in Nepal, is set to launch the Bajaj V on Sunday in a bid to consolidate its market share. The bike is priced at IRs62,000 in New Delhi, India. The company is yet to set the market price for Nepal. “The Baja V will help us to consolidate our market presence while creating a separate new segment different from the Pulsar and Discover bikes,” said Punam Singh, marketing manager at HH Bajaj. “It will be a city-centered motorbike which will enhance the riding experience on urban streets.” The 150 cc Bajaj V is powered by a single-cylinder, 4-stroke, air-cooled DTS-I engine. It can produce a maximum torque of 13 nm at 5,500 rpm. The bike features telescopic front suspension and hydraulic rear suspension. It has a disc brake on the front wheel and a drum brake on the rear wheel. Both tyres are tubeless. Pg: IV 52.1006 50.687 0.6244 0.7882 0.5951 0.5793 0.0114 0.0071 157.2500 103.27 78 75.8900 1.4966 0.0934 0.0080 1.2646 0.9227 0.6972 0.6785 75.61700.0083 1.1374 0.0091 1.4385 1.0234 0.7731 US Dollar 108.14 Euro119.84 0.7523 0.0134 0.0092 How to read the table The chart shows the rates of nine world currencies. Move across the table to find rates of exchange between any two currencies. One unit of the currency mentioned vertically is worth that amount in the currency mentioned horizontally. FRIDAY,JULY 8, 2016 (24-03-2073) kathmandupost.ekantipur.com Inside USDEUR JPY GBP CHF CAD AUD INR NR NR 108.1400119.8400 10.7100 140.3500 110.7100 83.5800 81.3400 1.6015 finance&economy Oil prices rise on US stock draw F ORE X cross currency Pound Sterling 140.35 Japanese Yen 10.71 Chinese Yuan 16.18 Qatari Riyal 29.70 Australian Dollar 81.34 Malaysian Ringit 26.87 Saudi Arab Riyal 28.82 Exchange rates fixed by Nepal Rastra Bank Page II Oil prices rose for a second straight day on Thursday, drawing support from declines in US crude oil inventories and a weaker US dollar, but a glut of refined products and economic growth concerns co- ntinued to loom over market. Hopeful fuel importers Supply Dept seals three apply for permission drug outlets POST REPORT KATHMANDU, JULY 7 Fourteen private firms have applied for permission to import gasoline and cooking gas following the government’s call for applications in a move aimed at breaking the monopoly of stateowned Nepal Oil Corporation (NOC) and expanding the public’s buying choices. The government has received 13 applications to import oil and three applications to import liquefied petroleum gas (LPG) from the prospective importers which include controversial Birat Petroleum. Gokul Prasad Dhital, director general of the Department of Supply Management, said they were studying the documents submitted by the hopeful firms. “If they fulfill the government’s requirement, they will be granted licences to import fuel,” said Dhital, who is also the member-secretary of a committee formed under the chairmanship of the secretary of the Supplies Ministry to look after the issues of petroleum importers and fix the price of fuel imported by them. Malika Petroleum, Petrolimex, Birat Petroleum, Blue Lotus, One Capital Holdings, Himalayan Enterprises, National Petroleum, Downtown Investment Company, Aryan Petroleum, Karmam Bhagyam Company, Otex International, Trans Himalayan Corporation and Sonapur Mineral and Oil have applied for licenses to import fuel. Malika Petroleum’s application has been approved and it is in the process of fulfilling the necessary requirements. Malika, Petrolimex and Avinash Energy have applied to import cooking gas. In October 2015, amid a severe fuel crisis triggered by India’s trade embargo, the government had temporarily allowed 39 private companies to import and distribute petroleum products by enforcing the Petroleum and Gas Transaction (Regulatory) Orders 2013. The government cancelled its decision to allow private firms to import oil last March following a public outcry against overcharging by Birat Petroleum. As per the criteria set by the government, hopeful oil importers are required to have a paid-up capital of Rs250 million while LPG importers need to have a paid-up capital of Rs200 million. Oil importers have to raise their capital to Rs5 billion within five years of receiving a licence. Likewise, LPG importers have to jack up their capital to Rs3 billion. In addition, importers are required to build their own storage plants and outlets within two years after getting their import licences. Companies failing to fulfill the requirements will lose their permits, Dhital said. UNSTABLE POLICY In September 2012, the government had decided to smash NOC’s fourdecade-old fuel import monopoly by permitting Chandi Lumbini Gas to procure LPG from Malaysian petroleum giant Petronas. But the firm failed to import any gas. In March 2013, the government published regulatory orders in the Nepal Gazette opening the way for the private sector to engage in oil refining and trading. But the regulatory orders, envisaged to open the petroleum business to private investment, were criticised by gasoline dealers and experts who said that they couldn’t be effectively implemented in the absence of relevant laws. Experts have expressed doubts that the regulatory orders will attract private investment and address potential risks. The orders are too weak to govern the petroleum business which has a high investment risk and is volatile in nature, they said. In 2009-10, the Commerce Ministry had tabled a Petroleum Act at Parliament, but it was sent back. Experts questioned the provision of allowing private firms to import fuel without the necessary laws in place. “The government can revoke a company’s licence at any time if its performance is found to be unsatisfactory,” said an expert. A high-ranking NOC official said that it was positive about inducting private firms into the petroleum business, but cautioned that permitting a large number of importers could invite problems too. “There is a question of sustainability of such a large number of fuel importers,” he said. “The business requires a large capital outlay.” Besides, private firms may only want to distribute fuel on which there is a high profit margin, he said. “In such a case, it could give rise to market anomalies.” POST REPORT KATHMANDU, JULY 7 A number of outlets selling drugs and healthcare-related products in the Kathmandu Valley have been found operating without licences. These shops have been found charging exorbitant prices and selling contrabands to the people, said the Department of Supply Management, which carried an inspection on Thursday. The department has sealed three outlets—Balaju Swasthya Clinic of Balaju, Aradhana Healthcare Centre of Dhapasi and Suvajit Pharmacy of GreenlineTokha road. Balaju Swasthya Clinic was found operating for the last one decade without acquiring a licence during the check. “The clinic once received a one-year temporary permit in 2006. Since then, it has been running its business without getting registered with the Department of Health,” said Shree Prasad Adhikari, a monitoring officer at the Department of Supply Management. The clinic also charged high prices to its customers. Adhikari said the clinic charged Rs25 for a syringe, against the maximum retail price of Rs17. These shops have been found charging exorbitant prices and selling contrabands Aradhana Healthcare Centre has not renewed its operating licence for the last three years, while Suvajit Pharmacy has been issuing “fake” bills. Adhikari said Suvajit was found using invoice of another firm named Run Pharmacy. He said Suvajit also did not have a trained drugs seller. As per the government rule, drugs stores should sell medicinal products under the purview of proficient drugs sellers. Suvajit was also found selling narcotic drugs to its customers without prescription. Adhikari said they would write to the Department of Health for necessary action against the three outlets. Madhav Prasad Timilsina, president of Consumers’ Right Investigation Forum, said poor government monitoring led to such anomalies in the health sector. “The government should scrap licences of such outlets that are cheating customers and putting their health at a risk,” he said. Tourism board to promote Nepal on CNN, BBC World flying car POST REPORT n AeroMobil, a flying car prototype, is pictured during a ceremony marking the taking over of the rotating presidency of the European Council by Slovakia, in Brussels, Belgium, on Thursday. REUTERS KATHMANDU, JULY 7 Special tour packages for Indian visitors The Nepal Tourism Board (NTB) has said it will be conducting consumer publicity programmes through popular global media outlets like CNN International and BBC World to attract a larger number of tourists to Nepal. The promos on BBC and CNN television channels will aim to lure sightseers to visit Nepal during the autumn, which is the peak tourist season in the country with stunningly clear scenery and pleasant weather. The tourism promotion body said it had proposed allocating funding of around Rs100 million to carry out a publicity campaign through these popular media outlets. “We are currently in the process of negotiating a deal with the television channels,” said Deepak Raj Joshi, CEO of NTB. Meanwhile, the NTB said that its annual budget for the next fiscal year would amount to around Rs900 mil- KATHMANDU: The Nepal Tourism Board (NTB) is planning to unveil special travel packages targeting Indian tourists. According to the NTB, it will be joining hands with Nepal Airlines to create tour packages like Pashupati and others Darshan designed specifically for visitors from the southern neighbour. India has traditionally been Nepal’s largest source market, however, due to lack of promotional activities, arrivals have lion. “The budget is expected to be finalized within threefour days.” The NTB had earmarked Rs840 million for this fiscal year. However, due to multiple problems like the earthquakes and Tarai protests plaguing the country’s tourism industry, it has not been able to spend all of the budget. been on a declining trend for the last few years. “We have been inactive in promoting Nepal in such a key market,” said Deepak Raj Joshi, CEO of NTB. “However, we have planned to promote Nepal in India in an aggressive manner from now onwards.” Inbound from India dived 44.49 percent to a 13-year low of 75,124 individuals in 2015. Despite the sharp fall, India remains the largest tourist sending country to Nepal. (PR) Tourist arrivals to Nepal fell to a six-year low of 538,970 in 2015 as the April 25 earthquake and subsequent anti-constitution agitation in the Tarai kept visitors away. Nepal received 251,148 less tourists last year, representing a sharp drop of 31.78 percent compared to the 2014 figure. The impact of the killer quake was bigger for Nepal’s tourism industry with arrivals plunging 55.59 percent to 97,510 during the four-month period (May-August) following the disaster. Just as the tourism industry was picking itself up, it received another knockout blow from a fuel shortage resulting from India’s trade embargo against Nepal. “The earthquakes have been a big setback for the industry. Hence, we have planned to be more focused on digital marketing and consumer publicity through international mass media,” said Joshi. “Investing in these promotional campaigns is aimed at recovering the country’s tourism by 2017 and preparing for the national Visit Nepal Year campaign in 2018.” The government has announced plans to mark 2018 as Visit Nepal Year. The publicity campaign next fiscal year will be directed at new markets like East Europe and Southeast Asia, the board said. M u s h r o o m i n g I n n o vat i o n c e n t r e s China’s innovation economy a real estate bubble in disguise? REUTERS SHACHENG, JULY 7 The Chinese government’s call to the nation to build an innovation-driven economy from the top down has sparked a rush by local governments to construct new buildings in the name of supporting creativity. Innovation centres have been popping up around the country and are set to more than double to nearly 5,000 in the next five years, according to internet research firm iiMedia. The only problem for local governments; entrepreneurs are not moving in. Many centres are in small Chinese cities or towns, not ideal locations for attracting startups. There is no local market for their product, no local ecosystem of suppliers and fellow entrepre- neurs and centres generally provide only basic amenities, such as a desk and a telephone. They lack the financial, technical or marketing expertise that many startups need. Most incubators have occupancy rates of no more than 40 percent, iiMedia says. The result: Like steel mills, theme parks and housing before them, the country now faces a glut of innovation centres as another top-down policy backfires to leave white-elephant projects and a further buildup of debt. “The risk of a bubble is extremely large,” said Shi Jiqiang, a partner at Leilai Management, which runs day-today operations at a startup base in the city of Tianjin, near Beijing. “This is both a test for government and for the manag- Like steel mills, theme parks and housing, the country now faces a glut of innovation centres as another top-down policy backfires to leave white-elephant projects and a further buildup of debt ers of startup spaces ... there aren’t enough entrepreneurs.” China’s Ministry of Industry and IT declined to comment and the state planning agency, the National Development and Reform Commission, did not respond to a request for comment. Beijing argues its development model that worked so well for infrastructure and real estate, powering the country through the global financial crisis, can build successful, high-tech startups. With slogans such as “mass entrepreneurship” and “internet plus”, Beijing has called for inno- vation centres to be built all over the country, hoping to lay the groundwork for the next Jack Ma - who founded e-commerce giant Alibaba - to emerge. It has encouraged college students and even migrant workers to try their hand at starting their own businesses to transform China into a high-tech economy less reliant on basic manufacturing. Almost 80 percent of the capital for the innovation centres springing up around the country is coming from the government or universities, which are statebacked in China, or a combination of sources, iiMedia said. “In any sort of market, you want the experts making the decisions, not some technocrat or bureaucrat,” said William Bao Bean, investment partner at venture capital fund SOSV, which invests in startups. “You don’t tend to see too many successful companies come out of a government-based decision-making process.” The small town of Shacheng in Huailai county in northern Hebei province answered Beijing’s call for innovation by building two 25-storey adjoining towers - one for office space and the other as an innovation centre. However, the innovation centre, offering desks and a period of free rent and utilities to potential startups, is empty. The floors are littered with rubbish and dust. Like other towns in China’s industrial heartland, Shacheng is feeling the brunt of Beijing’s push to reduce massive industrial overcapacity. Glass and cement factories, and coal mines and steel mills have been shut down. The town offers few signs of the central government’s innovation campaign. Chinese characters hanging on a fence in Shacheng’s economic zone spell out “mass entrepreneurship” but otherwise local people said they had not seen any promotion of the innovation centre and they felt it was not targeted at them anyhow. Instead, they assumed it was designed to attract students and entrepreneurs from Beijing, some four-hours away by train. “I wouldn’t consider becoming an entrepreneur. You need money to do that. No, for someone like me, I don’t really have many options,” said Liu Haiyang, 30, who runs a shop next to the innovation centre, selling bathroom fittings. Shacheng’s local authority and the county economic planner declined to comment. Residents said they hoped their economic fortunes would improve when a high-speed rail link with Beijing, which will cut travel time to the capital down to half an hour, is completed in 2019. “The incubator is losing money,” said a businessman with strong ties to the local government, who spoke on condition of anonymity. “But we’re playing the long game, hoping this push will create companies that pay taxes and add jobs to the local economy.” Elsewhere, some local governments have rebranded empty office space as innovation centres. C M Y K money economy Friday, July 8, 2016 | thekathmandupost II Ncell seeks additional 40.6Mhz bandwidth surging arrivals BIBEK SUBEDI KATHMANDU, JULY 7 Telecommunications service provider Ncell has asked for an additional 40.6Mhz bandwidth of frequency in four different bands from Nepal Telecommunication Authority (NTA). “The company has been demanding additional bandwidth of frequency under different bands of frequency since 2010,” said an NTA official. “Recently, we have got another letter from them requesting us to award additional bandwidth frequency it has been asking for a long time.” It has asked the authority for 1.6Mzh bandwidth under the most popular 900Mzh band so that its bandwidth would be equivalent to that of state- owned Nepal Telecom (NT). Currently, Ncell has 8Mhz bandwidth of frequency, while NT has 9.6Mhz under the 900Mzh band. Both the operators are offering second generation (2G) and global system for mobile (GSM) service from this band, which is considered most valuable as its coverage is very high. “In this band, lower number of base transceiver stations (BTS) can give higher coverage,” said senior NTA engineer. Ncell has also asked for 4Mzh bandwidth under the 1,800Mzh band. At present, it has 11Mhz bandwidth under the band, and if its demand is fulfilled, it will have 15Mhz bandwidth which is equivalent to that of what NT has. Telecom operators are using this band to provide third generation (3G) services. Under the 2,100Mhz band, Ncell has demanded 5Mhz bandwidth. Both Ncell and NT have 10Mhz bandwidth each under this band and they are offering 3G services from this band. Ncell has also asked the authority to award 30Mhz bandwidth under the 2,300Mhz band. NT has 30Mhz bandwidth under this band of frequency which it uses to provide Wimax internet service. NTA sources said they will award the additional bandwidth of frequency to Ncell only after the Radio Frequency Policy is amended. Currently, the draft of the amended policy is at the Ministry of Information and Communication for review and approval. “Once the policy is finalised, we will not take much time in awarding the additional bandwidth to Ncell,” said the NTA source. “We will award the additional bandwidth according to the policy.” Himalaya to Oil prices rise on operate daily US stock draw flights to Doha REUTERS LONDON, JULY 7 POST REPORT KATHMANDU, JULY 7 n A tourist takes a photograph next to a statue of Buddha at the Viharamahadevi Park in Colombo on Thursday. The number of foreign tourists visiting Sri Lanka has swelled since the island ended a 37-year separatist conflict with Tamil Tiger rebels in May 2009. AFP/RSS news digest Germany raids Ryanair offices FRANKFURT: German investigators have searched Ryanair offices at six airports across the country, including Berlin and Cologne, as part of an investigation into possible tax evasion, prosecutors said on Wednesday. State prosecutors and customs officials also searched several pilots’ homes as part of the raids on Tuesday, Hans Peter Gandner, senior prosecutor in the state of Rhineland-Palatinate, said. The searches were part of aprobe into two British temp agencies that supply selfemployed pilots to Ryanair and not directed against the airline itself, Gandner said. The agencies stand accu-sed of tax evasion and withholding salaries. (AFP) Himalaya Airlines has announced conducting daily direct flights to Doha, Qatar, starting from Monday, to cater to the increasing demand of passengers to the destination. The airline will depart from Kathmandu at 2300 hours (local time), and land at 0130 hours (local time) in Doha. Similarly, the return flight will depart at 0230 hours from Doha and land in Kathmandu at 1015 hours the next day. The airline’s new Airbus 320 has been flying to Doha thrice a week—Tuesdays, Thursdays, and Saturdays— since May 31. The aircraft’s passenger cabin is configured with 150 economy and 8 business class seats. Vijay Shrestha, vice president - administration of Himalaya Airlines said: “Offering a daily direct ser- vice to Doha is an indication that we would like to prioritise our service in this route. The daily service will allow Himalaya Airlines to offer its services to a larger base of our passengers’ society, mainly the Nepalis living and working in Qatar.” Himalaya Airlines, a full-service premium carrier, has planned services to more destinations, including Delhi, China, Colombo, Bangkok, Hong Kong and Dammam in the near future. Over the coming five years, the airline aims at acquiring 15 Airbus aircraft and will operate from Kathmandu to various cities in Asia and beyond. The company said it would introduce long-haul wide body aircraft of A330 family in due course of time for the operation of direct flights to Japan, Korea, Europe, Australia, and America. Oil prices rose for a second straight day on Thursday, drawing support from declines in US crude oil inventories and a weaker US dollar, but a glut of refined products and economic growth concerns co- ntinued to loom over market. Brent crude oil futures were trading at $49.30 per barrel at 1208 GMT on Thursday, 50 cents above their last settlement but lower than the day’s high of $49.53. US West Texas Intermediate (WTI) crude was trading at $47.93 per barrel, up 50 cents from its last close but down from $48.14 earlier in the session. Traders said that a reported drop in US crude oil stockpiles was the main price driver, while a slight weakening in the US dollar, which makes oil more affordable for holders of other currencies, also helped. The American Petroleum Institute (API) said its data showed US crude stockpiles fell by 6.7 million barrels last Brent crude oil futures were trading at $49.30 per barrel at 1208 GMT on Thursday week, declining for a seventh week in a row. The data also was bullish for oil products, showing draws in both diesel and gasoline. “Oil demand growth remains robust,” UBS said in a note, adding that “an historically high level of physical inventories ... is no bar to a rising price if the direction of travel in market adjustment is supportive.” However, traders warned that an economic slowdown and a glut in supplies of refined products were weighing on oil markets. Asian crude demand is slowing and by some measures falling, which market participants said could be due to an economic slowdown and perhaps even more permanent structural changes. “Growth is slipping again ... and things don’t seem quite so rosy.” Global stock Electricity-starved Gazans turn to sun mkts rebound Agence France-Presse GAZA CITY, July 7 Agence France-Presse LONDON, July 7 Signals from the Federal Reserve that US rates will stay on hold boosted stocks and offered the British pound some much-needed respite Thursday following several days of Brexit-related losses. Fed policymakers were split on interest rate policy at their June meeting, minutes released Wednesday, leading analysts to conclude that no rate hike is looming. This caused the dollar to soften, offering the British pound some relief after the battering it received following Britain’s shock vote to leave the EU. “Equity markets have been given a reprieve from this week’s selling this morning, buoyed by the dovish nature of last month’s Federal Reserve meeting minutes,” said Cantor Fitzgerald ana- lysts in a note. Fed members concluded “it was prudent to wait to raise interest rates”, they said. Many analysts, still stunned by the uncertainties created by Brexit, believe that the world economy needs easier, not tighter, credit conditions until the British referendum’s implications are sorted out. Minutes released Thursday from the European Central Bank’s monetary policy meeting in early June showed it was concerned about the health of eurozone banks and about the economic fallout from Britain’s vote to quit the EU. Data showing industrial production in Germany contracted more than expected in May, suggesting that growth in Europe’s biggest economy is slowing, provided more ammunition for the ECB to keep its stimulus taps open. Nahed Abu Assi’s farm has been bombed in each of the three Gaza wars since 2008 and like in the rest of the Palestinian enclave, he receives only a paltry amount of electricity each day. With his chickens dying and the cost of using generators high, Assi now hopes to do as others have done in Gaza—if he can find a loan to pay for it: install solar panels. “The electricity is cut for hours every day,” the balding 52-year-old said. “You have to connect to generators that cost a lot to fuel and that need regular repairs to keep the lamps and the livestock fans running around the clock.” A growing number of Gazans fed up with their erratic electricity supply are turning to solar power in an area where the sun shines for the vast majority of the year. Grey and black n A file photo shows panels at a solar plant in Gaza City. solar panels are increasingly visible on rooftops. Stores and adverts promoting such technology have also expanded, and authorities in the enclave running by the Islamist movement Hamas are also turning to solar power. “Schools, hospitals and public institutions have been equipped with solar panels and other projects have been launched to at least try to partially resolve the electricity AFP/RSS crisis,” said Raid Abu al-Hajj, head of the solar energy unit in the strip’s energy authority. Some 10,000 homes could soon be equipped with photovoltaic panels. The option is not cheap. Assi expects to fork out between 4,500 and 5,400 euros ($5,000 to $6,000) for panels, but he says the investment will pay off over time. Gaza and its population of 1.9 million people has only one electricity plant and it has been damaged by wars with Israel, the most devastating of which was fought in the summer of 2014. It imports electricity from Israel and Egypt, but those supplies are not nearly enough. Electricity demand is estimated at 450 megawatts, but only 250 are available: 27 percent from Israel, 22 percent provided by Gaza’s own plant and six percent by Egypt. Israel has maintained a blockade on the Gaza Strip for around a decade, saying its aim is to keep out materials that Hamas could use for military purposes. But Gazans— half of whom live below the poverty line—are now being allowed to import solar panels and prices have gradually come down, Hajj said. Those taking advantage include Daoud Tarazi, who decided to equip his home and his petrol station with solar panels. He said it was “no longer possible to work with 18 hours of electricity cuts per day” at his station, he said. At home, where he receives 12 hours of electricity per day, “food spoils in the refrigerator and electronic equipment always breaks down”. With the panels, his bills have fallen since he no longer has to operate generators. Beyond that, solar power does not pollute and he no longer has to deal with days without electricity. “There are only five or six days per year without sun in Gaza,” he said. F rag i l e r ecov e ry Fog of Brexit clouds outlook for central banks seeking clarity REUTERS WASHINGTON, JULY 7 For much of this year, the dollar, oil prices, and economic conditions largely behaved as the US Federal Reserve had expected, allowing policymakers to plot further interest rate increases. Not anymore. Since Britain’s June 23 vote to leave the European Union, every piece of economic, such as Friday’s jobs report, data comes with a question mark—how much does it reflect domestic economic developments and how much the short and long-term implications of an economic reordering that may take years to play out. For Fed policymakers it means balancing the mainly positive flow of US indicators against the risk that major trading partners fall into recession, the dollar surges again, or the terms of Britain’s divorce stress the global financial system. With past overseas events of similar importance, such as the euro zone debt crisis, it has taken the Fed months to get clarity. Brexit may prove just as difficult to decipher, already helping lift the dollar and drive US Treasury yields to historic lows—both trends making it harder for the Fed to move. “You don’t know how long that is going to last and indeed we don’t know the magnitude,” Federal Reserve Governor Daniel Tarullo said on Wednesday. “I doubt there will be a moment where people say, okay, Brexit is done.” Britain’s decision comes at time when the Fed has grown more sensitive to international events, postponing what seemed to be imminent rate increases twice since last summer because of events far from US borders. In minutes of the June meeting, released on Wednesday, policymakers explicitly tied consideration of further rate increases to “additional data on the consequences of the UK vote”. No one expects the United States to slip into a recession because of Brexit. However, recent research by the Fed, the Bank for International Settlements, the International Monetary Fund and some private economists has raised the possibility that the Fed may be fundamentally constrained by outside events, like the UK vote, that have made recovery slow and the Fed’s inflation goal elusive. The dollar appears to have Britain’s decision comes at time when the Fed has grown more sensitive to international events become more sensitive to global economic conditions, and its rapid rise since 2014 has curbed US exports and upended the Fed’s inflation outlook. Long-term US bond yields, which remained near record lows on Wednesday, have grown more sensitive to global capital flows and less to Fed policy. Even the Fed’s key estimate of a neutral rate of interest may be anchored by such rates in Europe and other, slower-growing, developed economies. If the past is any indication, uncertainty surrounding Brexit could fog the lens for months to come. In mid-2011, when Italian bond yields spiked amid renewed concerns about the euro zone’s future, the Fed added to its statement that “strains in global financial markets” had created “significant downside risks to the economic outlook.” The Fed kept the language for 16 months, until well after the European Central Bank had intervened with a forceful pledge to keep the currency union intact. “I would suspect they are really struggling how to decipher short versus long term, and also what is happening in the US domestic economy,” said Beth Ann Bovino, chief US economist for S&P Global Ratings. “I would say the Fed’s crystal ball is very, very cloudy.” If the US economy keeps grow- ing and creating jobs as expected, the Fed’s job will become easier, said San Francisco Fed senior vice president Mary Daly. But any misses will raise questions whether the causes are domestic or can be traced back to events such as Brexit, and if so, whether they will act as a temporary drag or could mark a fundamental shift in the global economy. The IMF, which is expected to cut its global growth forecast in a mid-July update, is already factoring the Brexit vote into its analysis. In a report on Germany released this week, the IMF noted that the strong trade and financial linkages between Europe’s largest economy and the UK had the potential to “derail the growth momentum” in a country whose success is central to lifting eurozone growth, and, in turn, helping the world economy grow faster. The San Francisco Fed’s Daly said any surprises would prompt policymakers to go back to the Fed’s models and search for domestic or international causes. “We are watching this carefully,” Daly said in an interview. “If the data don’t evolve as we think and we don’t get consistent job growth as we think, then of course we would say, it looks like another step down.” Investors, who earlier this year had taken the Fed’s cue that a rate increase could come in June, have now pushed expectations for a policy move deep into next year. Ken Matheny, senior economist at Macroeconomic Advisers, said he expected Brexit to nick US growth, but that was all investors and policymakers will be able to say for a while. C M Y K III money news digest world the kathmandu post | Friday, July 8, 2016 tourism product Canada’s trade deficit steady OTTAWA: Canada’s trade deficit held steady in May, despite an increase in exports to the United States, its largest trading partner, official figures showed on Wednesday. The trade deficit was Can$3.3 billion, virtually unchanged from April, government agency Statistics Canada said. Economists had anticipated a small decline. Overall, exports from Canada fell by one percent, to Can$41.1 billion. Imports were down 0.9 percent to Can$44.4 billion. Exports to the United States grew a solid 3.6 percent to Can$32.1 billion, while US imports fell by 1.1 percent to Can$29.3 billion. Excluding the US, Canada’s trade gap with other countries widened to a record Can$6.0 billion in May, from Can$4.6 billion in April. Canada, the world’s fifth largest producer of crude oil, posted a 7.1 percent rise in exports of energy products to Can$5.3 billion in May. (AFP) US services sector heats up WASHINGTON: The massive US services sector picked up pace in June to the strongest growth in seven months, according to a private monthly survey published Wednesday. The Institute for Supply Management said its purchasing managers index for the non-manufacturing sector rose to 56.5 in June from the May reading of 52.9. A reading above 50 indicates growth. “Respondents’ comments are mostly positive about business conditions and the economy,” said Anthony Nieves, chair of the ISM survey committee for the sector. “Overall, the report reflects a strong rebound from the ‘cooling-off ’ of the previous month.” The June PMI level was the highest since November 2015, and slightly above the average for the past 12 months. (AFP) US recalls 500,000 hoverboards n Tourist cable cars are seen on Tianzi Mountain surrounded by fogs in Wulingyuan scenic area, a Unesco world Heritage site in Zhangjiajie in central China’s Hunan province, on Thursday. Modi seeks to drum up business in African tour ILO: SE Asian jobs may be lost to automation Agence France-Presse REUTERS MAPUTO, July 7 WASHINGTON: The United States announced Wednesday the recall of more than a half-million hoverboards after scores of incidents in which the two-wheeled personal transporters erupted in flames. The Consumer Product Safety Commission said the lithium-ion battery packs in hoverboards, which rocketed in popularity last year, can overheat, risking them catching fire or even exploding. The CPSC said there have been at least 99 incidents of the problem, with some involving injuries and property damage. “Consumers should immediately stop using these recalled products and contact the recalling company to return their hoverboard for a full refund, a free repair or a free replacement depending on the model,” the agency said in a statement. The recall covers hoverboards from 10 producers, importers and retailers. (AFP) Xinhua Indian Prime Minister Narendra Modi on Thursday kicked off a four-nation tour of Africa, vowing to be “a trusted friend” of Mozambique after talks with President Filipe Nyusi in Maputo. Modi set the tone for his continental visit by announcing a raft of cooperation agreements as India scrambles to catch up with its Asian rival China, which has a strong presence across Africa. He will also take in South Africa, Tanzania and Kenya over his five-day trip. “Mozambique’s strengths are also the areas of India’s need. And what Mozambique requires is available in India,” Modi said. “In Mozambique’s march towards economic prosperity, India will walk every step of the way. We will be a trusted friend in your development and a reliable partner in ensuring a bright safe and secure future for our people.” Modi, the first Indian leader to visit Mozambique in 34 years, said the two countries would work together on agriculture, defence, security and healthcare. India has been Indian Prime Minister Narendra Modi (left) attends a press briefing with Mozambique’s President Filipe Jacinto Nyusi in Maputo, Mozambique, on Thursday. AP/RSS n working to build ties with African nations as it vies for a greater share of the continent’s natural resources. Last year, it hosted a summit of Africa’s heads of state in New Delhi. Its economic footprint in Africa is dwarfed by that of China, whose trade with the continent topped $200 billion last year. India is gaining ground, however, led by private entrepreneurs with a keen interest in the continent’s burgeoning energy sector. But relations between India and the continent have been strained in the past by incidents of alleged racism, with African ambassadors as recently as May claiming after the brutal murder of a Congolese teacher that African nationals in the Indian capital live in a “pervading climate of fear and insecurity”. Modi’s Africa tour will focus on hydrocarbons, maritime security, trade and investment, agriculture and food, according to Indian officials. Later Thursday, Modi will head to South Africa for a two-day state visit, holding talks with President Jacob Zuma on Friday in Pretoria and meeting business leaders. India is now South Africa’s sixth largest trade partner, with two-way trade reaching $5.3 billion in 2015-16. South Africa has been vocal on the need to reform the UN Security Council, making it a natural ally in India’s long-running campaign to be made a permanent member. India and Africa are together home to a third of the world’s population, but neither India nor any African country has a permanent seat on the council, which is made up of China, France, Russia, the United Kingdom and United States. With 1.3 million people of Indian origin, South Africa also has the largest diaspora population in Africa, a major element of Modi’s diplomatic push across the world since taking office two years ago. On Friday evening, he will address a thousands-strong audience at a stadium in Johannesburg, having hosted similar rallies for the diaspora in cities from New York to London. While in South Africa, Modi is also expected to honour Mahatma Gandhi’s time in the country. India’s independence hero lived in South Africa for 20 years, working as a lawyer and activist campaigning for the rights of Indian people. GENEVA, JULY 7 More than half of workers in five Southeast Asian countries are at high risk of losing their jobs to automation in the next two decades, an International Labour Organization study found, with those in the garments industry particularly vulnerable. About 137 million workers or 56 percent of the salaried workforce from Cambodia, Indonesia, the Philippines, Thailand and Vietnam, fall under the high-risk category, the study showed. “Countries that compete on low-wage labor need to reposition themselves. Price advantage is no longer enough,” said Deborah France-Massin, director for the ILO’s bureau for employers’ activities. The report said workers have to be trained to work effectively alongside digitalized machines. Southeast Asia is home to more than 630 million people and is a hub for several manufacturing sectors, including textiles, vehicles and hard disk drives. Of the 9 million people working in the region’s textiles, clothing and footwear industry, 64 percent of Indonesian workers are at high risk of losing their jobs to automation, 86 percent in Vietnam, and 88 percent in Cambodia. Garment manufacturers in Cambodia, who take orders from retailers such as Adidas, Marks and Spencer and WalMart Stores Inc, employ about 600,000 people. Neighboring Vietnam is seeing record investment in its footwear and textiles industries, due to new free-trade pacts with major markets, including the US-led Trans-Pacific Partnership. It is the second-largest garment supplier to the US. The UN agency said technologies including 3D printing, wearable technology, nanotechnology and robotic automation could disrupt the sector. “Robots are becoming better at assembly, cheaper and increasingly able to collaborate with people,” it said. The textiles, clothing and footwear sector is at the highest risk of automation out of five industries analyzed in the study, including automotive and auto parts, electrical and electronics, business process outsourcing and retail. In the auto and parts industry, more than 60 percent of salaried workers in Indonesia, and over 70 percent of those in Thailand face the risk of their jobs being displaced. fa l l i n g c o n s u m p t i o n Oil industry is losing the burn of Asian demand REUTERS SINGAPORE/SEOUL/TOKYO, JULY 7 After half a year of strong oil price rises, Asian crude demand is slowing and by some measures falling, and many market participants suspect it is not just a cyclical phenomenon, but also a product of more permanent structural changes. With years of annual economic growth of 7-10 percent in China and similar recent figures from India, Asia-Pacific has overtaken the Americas to become the world’s biggest oil consuming region, accounting for almost 40 percent of global demand. But an industry that has come to rely on Asia’s booming thirst for oil could soon be scratching around for growth. Thomson Reuters Eikon data shows that Asian crude oil tanker imports have fallen, albeit from record levels, for four straight months and by 12 percent since March to around 82 million tonnes, slightly below last year’s levels. Much of the surprise decline is explained by conditions in China, the region’s biggest consumer, accounting for 27 percent of Asia-Pacific demand and 13 percent of global demand. With its long-term growth outlook now camped perhaps permanently below 7 percent, most analysts expect vehicle sales in China will slow accordingly. They have already slipped to 2.1 million at the end of May, down from a peak of almost 2.8 million in December 2015. Refiners across Asia said that was starting to hit their busi- ness. “Asian oil demand growth is slowing down. China, Asia’s largest market, is experiencing sluggish demand,” said a South Korean refiner. As domestic refiners sell off surplus fuel, China’s exports of diesel and gasoline, the main refined fuels for industrial and passenger vehicles, have both soared. Ship brokers say traders have started chartering supertankers to store supplies that consumers can’t absorb. One key pillar of recent demand is never coming back. Analysts think China has nearly finished building its strategic petroleum reserves (SPR). Oil analysts at JPMorgan estimated in a note to clients last week that the SPR was now at 400 million barrels, which they believed was close to capacity. “Our model suggests a 15 per- cent month-on-month decline in China’s crude oil net imports in September, or a loss of 1.2 million barrels versus August and 0.8 million barrels less from the 12-month average,” they said. Structural changes in demand are not limited to China. For Asia’s most developed oil markets, Japan and South Korea, analysts say long-term demand will steadily fall. Japan’s oil consumption, once 6 million barrels per day (bpd) and 10 percent of global demand, has fallen to not much more than 3.5 million bpd, or under 5 percent of world consumption. It will fall further as government consolidates its refiners. “There are various factors. Nuclear power generation has restarted, pushing down energy demand. When nuclear plants shut down (after the 2011 Fukushima disaster), Japan imported lots of crude,” said Kaname Gokon, strategist at brokerage Okato Shoji. The situation is similar in South Korea. “Korea’s oil demand is at a standstill, and demand is expected to decrease because of greenhouse gas emissions policy and alternative fuel,” said Moon Young-seok, senior researcher at Korea Energy Economics Institute. Even in India, the industry’s big hope to compensate for slower demand in China, demand for new cars is tepid. While Indian motorbike sales remain strong, the number of new cars sold has fallen below 215,000 per month, down from almost 260,000 in October and well below the monthly record of just over 300,000 more than four years ago. C M Y K bizline Qatar celebrates capacity increases KATHMANDU: Qatar Airways celebrated capacity increases across its global network this weekend as three of the airline’s destinations received upgraded aircraft on July 1, the same day the airline also inaugurated its new route offering to Marrakesh with a Boeing 787 Dreamliner. Guangzhou (China), Geneva (Switzerland) and Warsaw (Poland), all received new aircraft types on their respective daily flights from Doha’s Hamad International Airport, in recognition of continued demand for Qatar Airways service, operated by the world’s newest aircraft types and expanding fleet. Qatar Airways group chief executive, Akbar Al Baker, said “Qatar Airways is delighted to enhance the aircraft that serve the important destinations of Guangzhou, Geneva and Warsaw, almost doubling the daily capacity across all of these routes from Doha’s Hamad International Airport.” (PR) Militants hit oil facilities in Nigeria WARRI: The Niger Delta Avengers militant group on Thursday said it attacked more oil infrastructure in southern Nigeria, ignoring a call for unity from President Muhammadu Buhari. The group said in an email that it hit manifolds RMP 22, 23 and 24 operated by Chevron Nigeria Limited in Delta state at about 1:20 am (0020 GMT). RMP 23 and 24 had previously been attacked on June 1. RMPs or remote manifold platforms are where smaller oil and gas pipelines converge before being sent to larger lines. It is understood the facilities had been repaired since the last strike. A military officer said the attack happened in the Warri North area of Delta state, adding: “A controlled explosive device was used to carry the attack. (AFP) HNA declares success in Swiss offer SHANGHAI: Chinese conglomerate HNA on Thursday declared Thursday its $1.5 billion offer for a Swiss airline catering company had been successful, after it lowered the minimum acceptance level for the deal to go through. HNA Group—best known as the parent of Hainan Airlines—bid 53 Swiss francs per share for Zurich-based gategroup in April, a more than 20 percent premium to its share price before the offer. It set a minimum threshold of 67 percent of the shares, but only 63.6 percent accepted by the July 1 deadline. In a joint statement with gategroup on its website, HNA said it was waiving the 67 percent threshold because it was “pleased” with the results and “it remains confident that more shareholders of gategroup will recognise the benefits of accepting the offer”. (AFP) Italian authorities investigate P&G NEW YORK: talian authorities are investigating whether Procter & Gamble Co routed revenue through its Swiss and other units to avoid paying taxes in the country, Bloomberg reported. The investigation is looking into whether P&G used units such as Geneva-based Procter & Gamble International Operations SA for the purpose, Bloomberg reported, citing two people familiar with the probe. Italy’s finance police in April started searching P&G’s offices in Rome, the report said, citing the people. “We are cooperating fully with the authorities in this particular case and do not have further information to share at this time,” P&G spokeswoman Jennifer Corso said in an email to Reuters. (REUTERS) India monsoon 35pc above average NEW DELHI: Monsoon rains in India were 35 percent above average in the week ended July 6, the weather office said on Thursday. The pickup in monsoon rains in the first week of July compensated for lower rainfall in June. The June-September monsoon has so far delivered 1 percent higher rainfall than average. The monsoon rains have covered almost the entire country, and expected to quicken the planting of summer crops such as rice, soybeans, cotton and pulses. Though the monsoon arrived in India on June 8, a week later than usual, the weather office expects it to deliver surplus rainfall. (REUTERS) BSE Sensex ends little changed MUMBAI: Indian shares closed little changed on Thursday as markets took a breather after recent gains, but worries over global economic growth continued to weigh on investor sentiment. The Sensex closed 0.13 percent higher at 27,201.49 while the Nifty ended up 0.02 percent at 8,337.90. The market was closed for a public holiday on Wednesday. (REUTERS) Huawei files suit against Samsung BEIJING: Huawei Technologies Co Ltd has submitted a filing with a second court in China as part of a patent lawsuit against smartphone rival Samsung Electronics Co Ltd. Quanzhou Intermediate People’s Court spokesman Wang Zhiwei told Reuters the court accepted the case recently but did not provide further details on what infringements Huawei is claiming in the lawsuit and when the suit was filed. In May, Huawei sued Samsung in the United States and China, seeking compensation for what the Chinese firm said was unlicensed use of fourth-generation cellular communications technology, operating systems and user interface software in Samsung phones. (REUTERS) US private sector adds 172,000 jobs WASHINGTON: US private employers hired 172,000 workers in June, higher than economists’ expectations, a report by a payrolls processor showed on Thursday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 159,000 jobs, with estimates ranging from 100,000 to 209,000. Private payroll gains in the month earlier were revised to 168,000 from an originally reported 173,000 increase. The report is jointly developed with Moody’s Analytics. The ADP figures come ahead of the US Labour Department’s more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment. (REUTERS) money IV bazaar Friday, July 8, 2016 | thekathmandupost Bajaj V set to roll out on Kathmandu roads POST REPORT KATHMANDU, JULY 7 HH Bajaj, the authorised dealer for Bajaj motorcycles in Nepal, is set to launch the Bajaj V on Sunday in a bid to consolidate its market share. The bike is priced at IRs62,000 in New Delhi, India. The company is yet to set the market price for Nepal. “The Baja V will help us to consolidate our market presence while creating a separate new segment different from the Pulsar and Discover bikes,” said Punam Singh, marketing manager at HH Bajaj. “It will be a city-centered motorbike which will enhance the riding experience on urban streets.” The 150 cc Bajaj V is powered by a single-cylinder, 4-stroke, aircooled DTS-I engine. It can produce a maximum torque of 13 nm at 5,500 rpm. The bike features telescopic front suspension and hydraulic rear suspension. It has a disc brake on the front wheel and a drum brake on the rear Pacific Rim relaxes bottleneck in wine trade The 150 cc Bajaj V is powered by a single-cylinder, 4-stroke, air-cooled DTS-I engine. It can produce a maximum torque of 13 Nm at 5,500 rpm wheel. Both tyres are tubeless. The motorcycle has a fuel tank with a capacity of 13 litres including 1.7 litres of usable reserve. Customers can choose from two colour options—pearl white and ebony black. According to Singh, Bajaj motorbikes have a strong presence in the Nepali market, and this new addition will further help expand the portfolio. Urban riders have been identified as the target segment. “The bike retains a much demanded classic look and a strong body,” said Singh. “We will add more variants of the bike in the upcoming days as it will have its own segment and new models.” Additional features of the Bajaj V are an ergonomic handlebar and double cradle construction adding up to the riding experience and safety of the rider. Moreover, the motorcycle can also be transformed into single-seat vehicle with an optional rear cowl, the first of its kind in the Bajaj line-up. The seat of the new V15 is a straight one and comes with a panel for converting the motorcycle into a single seater. The Bajaj V will be available across the country through 81 outlets. Moreover, customers can obtain spare parts and other services through more than 180 authorised service centres and spare part dealers. Easy financing schemes will also be offered to interested buyers, the company said. mirror-less camera Agence France-Presse SINGAPORE, July 7 Wine lovers and exporters around the Pacific Rim will have reason to pop the cork Thursday after officials slashed red tape on shipments in the region that will ease an expensive bottleneck. The Asia Pacific Economic Cooperation (APEC) group said in a statement that the 21 member economies had agreed on a standard, simplified certificate, replacing the multi-layered system that had led to losses of about $1.0 billion a year in the industry. And while exporters such as Australia, Chile, New Zealand and the United States are expected to benefit from the simplified regime, wine drinkers will also have a reason to celebrate as it is should lead to a wider array of choices at cheaper prices. “Easier, more inclusive wine trade can improve product availability and prices for consumers and improve job creation and growth,” said Tom LaFaille, international trade counsel for the Wine Institute, the private sector overseer of APEC Wine Regulatory Forum. Jamie Ferman of the US Department of Commerce described the model certificate as “a win-win for the industry”. Rocio Barrios Alvarado, chair of the APEC sub-committee on standards and conformance, said the single certificate “will reduce administrative burdens for producers endeavouring to take advantage of the increasing taste for wine in the region”. APEC said the bloc’s wine trade had more than tripled to over $23 billion since 2000, but “unnecessary non-tariff barriers” and overlapping certificates had mean companies were facing huge costs. It said focus now is on having the certificate implemented. APEC agreements are implemented on a voluntary basis and results are achieved through dialogue, cooperation and peer pressure. SEOUL, July 7 Samsung Electronics on Thursday flagged its biggest operating profit in more than two years, boosted by cost-cutting efforts and solid sales of its latest flagship smartphone. The South Korean electronics giant—also the world’s top handset maker—predicted an operating profit of 8.1 trillion won ($7 billion) in April-June, up 17 percent from a year ago. It is the company’s biggest operating profit since the first quarter of 2014 and beat the average estimate of 7.4 trillion won from analysts surveyed by Bloomberg News. Analysts attributed the figures to the firm’s aggressive cost-cutting efforts and brisk sales of the Galaxy S7, the latest version of its high-end, smartphone. flagship “Samsung’s mobile unit is believed to have performed well thanks to robust sales of Galaxy S7s as well as an overhaul of its low- and midend handset line-up,” said Peter Lee, analyst at NH Investment & Securities. He estimated that the firm had sold about 26 million units of the S7 since it hit stores in March ahead of new launches by competitors, including Apple. Samsung has bolstered its mid- to low-end smartphone line-ups in a bid to expand in fast-growing emerging markets. The mobile business accounts for the lion’s share of the firm’s overall profit, which has been increasingly squeezed by competition both from Apple’s iPhone and by lower-end devices from Chinese rivals such as Huawei. Past editions of its flagship smartphones—Galaxy S5 and S6 launched in 2014 and 2015, respectively—had largely met with tepid response, prompting concerns over the firm’s overgrown mobile business. Samsung shares jumped Thursday 2.04 percent to close at 1.45 million won in Seoul. The firm’s aggressive RETAIL PRICE VegetablesUnit Price (Rs) Red Potato Kg Rs55 White Potato Kg Rs45 Onion (Indian) Kg Rs40 Tomato Small Kg Rs75 Carrot Kg Rs125 Tomato Big Kg Rs95 SquashKg Rs55 CabbageKg Rs55 Brinjal Long kg Rs35 Fruits Unit Price (Rs) Apple Kg Rs135 PomegranateKg Rs215 Mangokg Rs75 Pineapple1Pc Rs105 CucumberKg Rs65 PapayaKg Rs85 BananaDoz Rs95 Lime 100 Pcs Rs475 daily commodities Commodities Unit Price (Rs) Pokhreli Rice Kg Rs70 Jeera Masino Rice Kg Rs70 Indian Basmati Rice Kg Rs100 Mansuli Rice Kg Rs55 Sona Rice Kg Rs50 Beaten Rice (Taichin) Kg Rs120 Beaten Rice Kg Rs55 Big Mas Kg Rs290 Small Mas Kg Rs260 Big Mung Kg Rs200 Musuro (No 1) Kg Rs170 Musuro (No 2) Kg Rs160 Rahar KgRs250 Chana (Big) Kg Rs160 Chana (Small) Kg Rs150 Chilli Powder Kg Rs350 gasoline watch bullion Price Per tola Hallmark Gold An employee of Japanese camera maker Fujifilm displays the company’s new X-T2 mirror-less digital camera, equipped with advanced autofocus functions and 4K high definition video, during a press preview in Tokyo, Japan, on Thursday. Fujifilm will release the camera in September. AFP/rss n Rs 59,000 Tejabi Gold Rs 58,750 Silver Rs 905 Source: FENEGOSIDA Samsung flags big profit jump Gold price steadies Agence France-Presse market watch cost-cutting in marketing played a key role in the strong profit forecast, Greg Roh of HMC Investment said, but he warned of more competition from Apple later this year. “With Apple releasing new products in the latter half of the year... I think (Samsung’s) earnings may drop in the second-half,” he said. But the firm’s semiconductor business, which produces memory chips for Samsung gadgets as well as clients including Apple, is likely to help offset a slump in the mobile business, Lee said. The semiconductor unit has helped buttress Samsung’s profit margins, with its operating profit largely outpacing the mobile business since late 2014. It racked up operating profit of 12.8 trillion won last year, beating the 10.1 trillion won earned by the mobile unit. as US dollar firms REUTERS LONDON, JULY 7 Gold steadied on Thursday after rallying to its highest since March 2014 a day earlier on the back of concerns about Britain’s vote to leave the European Union, as strength in stocks and the dollar limited gains. Financial markets have been extremely volatile since Britain voted on June 23 to leave the EU bloc, knocking equities and pushing some bond yields to record lows. The moves have boosted the appeal of so-called safe-havens such as gold and silver. Spot gold was at $1,363.01 an ounce at 1130 GMT, little changed from $1,363.51 late on Wednesday. US gold futures for August delivery were down $2.60 an ounce at $1,364.70. Spot prices reached their highest since March 2014 on Wednesday at $1,374.91 an ounce but have struggled to maintain those levels as stocks and the US dol- lar rose. “In the last few weeks we’ve seen a two-step move. First, we had the Brexit vote, which led to a rise in safe-haven demand, and then we saw markets starting to reprice monetary policy among central banks,” Danske Bank analyst Jens Pedersen said. “We had these two factors working in the same direction for gold.” Gold is highly sensitive to rising US interest rates as they lift the opportunity cost of holding non-yielding assets such as bullion, while also typically boosting the dollar in which the precious metal is priced. “We have found a level where gold has stabilised,” Pedersen said. “In the short term, I do see a risk that the dollar will rise further, so that will again cap the upside for gold.” Traders are awaiting further clues on the outlook for Federal Reserve policy from Friday’s US non-farm payrolls (NFP) data, seen as a barometer of the economy’s health. Int’l market EnergyPrice (US$)%Change Brent Crude Futr (Bbl) Gas Oil Fut (Ice) (Mt) Gasoline Rbob Fut (Gal) Natural Gas Futr (Mmbtu) 47.98 431 148.55 2.81 1.16 -10.50 -3.17 0.97 AgriculturePrice (US$)%Change Cocoa Future (Mt) Coffee ‘C’ Future (Lb) Corn Future (Bu) Cotton No. 2 Futr (Lb) Rough Rice (Cbot) (Cwt) Soybean Future (Bu) Soybean Meal Futr (T) Soybean Oil Futr (Lb) Sugar #11 (World) (Lb) Wheat Future (Cbt) (Bu) Industrial Metals Copper Future (Lb) 2,995.00 146.4 360 64.99 10.45 1137.5 398 31.64 20.78 430.25 1.08 0.51 -1.50 1.28 -1.83 -1.37 -0.75 -1.34 2.21 -3.42 Price (US$)%Change 214.95 -0.19 Precious Metals Price (US$)%Change Gold 100 Oz Futr (T Oz) Silver Future (T Oz) 1,365.70 20.11 -0.10 -0.46 C M Y K