Writing Name in River Beach Sand

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Manakamana

Manakamana is the name of a Hindu Goddess. It is believed that the Goddess fulfils the wishes of the people. The term ‘mana’ means the ‘heart’ or ‘soul’ and ‘kamana’ means the ‘wish’.

The most popular temple of Manakamana is in Gorkha. The others are in various places like manakamana. It is said that a King of Gorkha was blessed by the goddess to get victory over small kingdoms and make a big Gorkha. Manakamana of gorkha is a popular place for a specific fair called Panchami. The temple was initially inaccessible and one had to ride on horseback for 2–3 days. Now it is easily accessible by Cable Car. 

Commercial skydiving begins in Pokhara

Avia Club, Pokhara has started commercial skydiving for the first time in Nepal.

Skydiving is an adventurous sport where divers jumps from flying aircraft with the help of parachute. Alexender Havard, 40, from England on Sunday became the first person to enjoy skydiving in Pokhara. He jumped from the altitude of 8,000 ft and landed at Khapaudi near Lake Side. 

“I was thrilled although I couldn´t see the clear view of Himalayas because of mist,” he said, sharing his experience.

Avia Club is offering the service at Euro 110 per jump. Prabin Gauchan, general manager of Avia Club, said the company was planning to offer special discount for a limited period to attract more adventure lovers to the country. He further added that his company working on to develop a special package to promote skydiving. 

“We are hopeful that this new product will help a lot in tourism promotion,” he added. 

Avia club, which also operates ultra light flights in Pokhara, is deploying two-seater ultra-light aircraft for the jump. 

Only the licensed divers can enjoy skydiving in Pokhara. Interested persons must get permit from Civil Aviation Authority of Nepal (CAAN) for the jump. CAAN issues two-week permit for $50 per person.

Source   Republica

Marsyangdi Power House close for maintenance

Chief of the power house Chandra Shekhar Chaudhary informed that marsyangdi  power house, Hydropower Project at Anbukhaireni VDC of Tanahun district has been shut down for four days.

The 69 MW capacity power house has been closed in order to construct doors at dam areas.  Due to decrease of water level in marsyangdi river the power house has been generating electricity around 60 MW only.

Timro Muhaar - Official Music Video

Official music video of 'Timro Muhaar' -- a presentation of TexasNepal.com.

Singers: Momo Veltang (Bipin Thakali), Kay Tafari (Swarnim Gurung), Jay Tuladhar

Models: Ang Lakpa Sherpa, Aayush Shakya, Saurav Pokhrel, Samarpan Shrestha

Make-up Artist: Preeyanka Parajuli

Beats produced by rockitpro.com

Manzil Shrestha (Gallery 2)

Traders slash import volume as strong dollar bites

The depreciation of the Nepali rupee against the US dollar has forced importers to cut down imports. With the dollar gaining sharply against the Indian currency (IC) of late, the Nepali rupee is on a freefall as it is pegged with IC.

In the last three months, the exchange rate for the domestic currency has increased to Rs 84 against the dollar from Rs 72. This has forced traders to reduce their import volume by as high as 50 percent.

According to businessmen, those who imported goods through the ‘Usance Letter of Credit (LC)’ having a six-month credit period have been worst hit. Usance LC is payable at a determined future date after presentation of conforming documents. “Businesses that imported goods when the exchange rate was at Rs 72 per dollar are incurring heavy losses, as they now have to repay when the rate is at around Rs 84 per dollar,” said an importer.

Bankers say the volume of their LC business has come down significantly. “As importers are in a wait-and-see mode, lesser LCs are being opened,” said Himalayan Bank CEO Ashoke Rana.

Other victims of the steep rise in the value of the dollar against the rupee are businesses that are required to maintain huge inventory. Sahil Agrawal, executive director of Jagadamba Group—one of the largest steel manufacturers in the country—said they will reduce their inventory size until the exchange rate gets stable.

As Nepali financial institutions do not offer forward contracts (hedge against foreign exchange risk) on imports, importers are heavily exposed to foreign exchange risk, according to Manish Agrawal, executive member of the Federation of Nepalese Chamber of Commerce and Industry. “We are incurring losses due to the strong dollar and have decided to reduce our stocks of both finished goods and raw materials by 50 percent to avoid further losses,” he said.

Sekhar Golchha, executive director of Golchha Organisation, also echoed Agrawal. “We are planning to reduce our inventory of electronic goods and automobiles by 30 percent,” h said.

The Nepal Rastra Bank (NRB)’s recent macro-economic report says imports declined by 18.5 percent in the third month (mid-September to mid -October) of the current fiscal year compared to the previous month. The slowdown in import is also going to hit the government’s revenue collection.

Although the devaluation of the domestic currency against the dollar has positive effects such as increased remittance inflow, traders say consumers will suffer as products imported from third countries will be expensive. “Goods imported from third countries have become dearer by 17-25 percent,” said Akhil Chapagain, president of Nepal-Turkey Chamber of Commerce and Industry.

According to Chapagain, an imported item worth $100, which cost Rs 9360 when the dollar was at Rs 73, now is priced at Rs 10,915. (Source:ekantipur)

Tourist arrivals by air cross half-million mark

Tourist arrivals by air reached an all-time high of 501,264 in the first 11 months of Nepal Tourism Year (NTY). This is first time in the country’s tourism history that air arrivals have crossed the 500,000 mark. The last time Nepal received so many tourists was in 2010 when 448,769 visitors flew into the country.

The year 2011 which is being observed as NTY has been encouraging in terms of strong arrivals growth from the two neighbours China and India. Though Indians traditionally make up the largest number of visitors to the country, a sharp increment in the arrival of Chinese tourists has immensely encouraged the domestic tourism market.

According to the figures released by the Immigration Office, Tribhuvan International Airport (TIA), arrivals from India reached 132,652, up 40.5 percent while Chinese tourists amounted to 40,244, up 74.4 percent. Travel trade entrepreneurs termed the growth an initial growth despite publicity in the international market. Hoteliers have also reported the highest revenue collection till date.

“We have recorded the highest revenue in the month of November,” said Paras SJB Rana, general manager of the Hotel de l’ Annapurna. According to him, high occupancy and high room rates have helped revenue growth. “Even though arrivals have been below expectations, the numbers should be considered impressive.”

The country has targeted hosting one million tourists (700,000 by air and 300,000 by land) this year. The stats show that in the first 11 months, international visitor arrivals to Nepal averaged a growth rate of 21.5 percent. With improved arrivals, travel trade entrepreneurs said that the existing infrastructure was proving inadequate.

Ashok Pokhrel, president of the Nepal Association of Tour Operators, said that it was time to be serious about the existing infrastructure. The arrival figures in 2011 are initial figures and Nepal could see higher growth if the current trend continues. “The government should assess the weaknesses of NTY 2011 as it has also announced Visit Lumbini Year 2012 without any preparation,” Pokhrel said, adding that the government and other tourism stakeholders should not only count the numbers but also correct the shortcomings of NTY and focus on high-end tourist markets.

According to the stats, Sri Lanka and Pakistan have registered growths of 16.6 percent and 16.8 percent respectively. Bangladesh witnessed a negative growth of 8.6 percent in the first 11 months of 2011.

Similarly, other Asian countries—Japan, Malaysia, Singapore and South Korea—have maintained their upward trend with growths of 7.5 percent, 12.1 percent, 13.8 percent and 15.2 percent respectively. Arrivals from Thailand jumped 22 percent in the first 11 months compared to last year.
(Source:ekantipur)

Sarun and Payal Get Married!

 Sarun Tamrakar from The Uglyz married long-time girlfriend and former Miss Nepal Payal Shakya on the 21st November at Minto Temple in Sydney.


Source Lex limbu 

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