Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 115 Fri. September 17, 2004  
   
Business


Nepal industries reopen after deal with striking union


Almost 50 firms in Nepal which had been shut for nearly a month were back in business Thursday after a pro-Maoist trade union called off its strike, officials said.

"All 47 industries reopened Thursday," Hotel Association-Nepal president Narendra Bajracharya told AFP. Among the businesses closed were two luxury hotels.

The All Nepal Trade Union Federation had ordered the closure of the firms from August 17, accusing them of exploiting their workers and threatening dire consequences if they did not shut down.