December 12: Shivam Cements has been adjudged as the best managed company of…
December 12: Shivam Cements has been adjudged as the best managed company of…
The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu at 3:30 pm today (December12).…
Seventh Edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off at Radisson Hotel, Kathmandu, at 3:30 pm, according to New Business Private…
April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over four…
Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in…
April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by…
April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on…
April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital.…
April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday.…
April 20: Financial literacy is the need of the hour for women…
April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the…
April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and…
April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final…
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Standard Chartered Bank Nepal is the only international bank currently operating in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Towards development bank category, it was Shine Resunga Development Bank to bag the “Best</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Development Bank 2022” award.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">ICFC Finance Ltd won the award of the “Best Managed Finance Company”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, National Life Insurance Company Ltd received the honor of the “Best Managed Life Insurance Company” while Shikhar Insurance Company Ltd was named the “Best Managed Non-Life Insurance Company 2022”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">It was Chhimek Laghubitta Bittiya Sanstha Ltd which clinched the title of the “Best Managed Microfinance Company 2022”. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">According to the organizer, the companies and individuals honored during the event were selected by a jury after going through detailed research on each of the short-listed organizations and business leaders.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Each category had an independent jury which short-listed possible companies and individuals, and discussed various aspects among themselves and with outside experts and regulators before making the final selection, said the organizer.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">During the ceremony, New Business Age Ltd, the publisher of the monthly English magazine New Business Age and Aarthik Abhiyan National Daily, felicitated Himalaya Shumsher Rana with the “Lifetime Achievement in Business Award 2022”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The jury said that he was honored with the award for his outstanding contribution to the field of business and entrepreneurship in Nepal through his pioneering, innovating and visional roles in various fields including central banking, private sector commercial banking, insurance and manufacturing.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">New Business Age has been organizing Business Conclave & Awards annually since 2013 with an aim to hold discourse on crucial business and economic issues and honour business excellence by recognising quality works done by people and organizations.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">“They are being honoured for being our role models. We don't call them winners. Because they may be many more who deserve to be honoured. But we could not reach out to all of them because of our limited resources,” said Madan Lamsal, Chairman and Editor-in-chief of New Business Age group. “We hope they will do more in the future. We look forward to their higher achievements and investments in social good and corporate social responsibility in the years to come.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Prior to the award ceremony, a panel discussion on “Emerging Through the Crises” was organized where panelists comprising leaders from private sector, government and think tanks discussed resilience of Nepal’s business and economy to various crises including a decade long Maoists insurgency, earthquakes and trade blockades in 2015 and the recent Covid-19 pandemic.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">SAWTEE’s Chair Dr Posh Raj Pandey, FNCCI Vice President Chandra Dhakal, Nepal Rastra Bank’s Deputy Governor Dr Neelam Dhungana Timsina and Industry, Commerce and Supplies Secretary Dr Toya Gyawali were the panelists in the discussion moderated by Dr Kalpana Khanal, Senior Research Fellow at Policy Research Institute.</span></span></span></span></p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong><u>LIST OF AWARD RECIPIENTS </u></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Company</strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Shivam Cement Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Commercial Bank </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Rastriya Banijya Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Siddhartha bank Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Standard Charter Bank Nepal Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Development Bank </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Lumbini Bikas Bank & Kamana Sewa Bikas Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Muktinath Bikas Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Shine Resunga Development Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Finance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Goodwill FinanceCompany</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Guheswori Merchant Banking and Finance</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: ICFC Finance Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Microfinance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Deprosc Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Forward Community Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Chhimek Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Life Insurance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd: </sup>Life Insurance Corporation(Nepal) Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Nepal Life Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: National Life Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Non-Life Insurance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Neco Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Sagarmatha Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Sikhar Insurance Company</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-12-12', 'modified' => '2022-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '16253', 'image' => '20221212080924_IMG-20221212-WA0026.jpg', 'article_date' => '2022-12-12 19:53:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16506', 'article_category_id' => '273', 'title' => 'Seventh ‘NewBiz Business Conclave and Awards 2022’ Kicks Off ', 'sub_title' => 'Seven companies and one individual to be awarded', 'summary' => 'The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu at 3:30 pm today (December12). ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">December 12: The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu on Monday. The programme is being organized by New Business Age Pvt Ltd as an initiative to recognize and honour the best-performing companies.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Minister of Finance Janardan Sharma is scheduled to inaugurate the awards ceremony in a while. The Business Conclave and Awards is being attended by some 500 high-level professionals from the public and private sectors, including politicians, government officials, academicians, business leaders from banking, travel and tourism and other walks of life.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As the entire global economy is going through an economic slowdown and Nepal is not an exception, this year’s conclave is focused on the theme “Emerging through the Crisis” so as to learn experiences and ways to overcome the grim situation, according to organizer. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">During the conclave, a panel discussion featuring Dr Posh Raj Pandey, chairman of SWATEE, Chandra Dhakal, senior vice president of FNCCI, Dr Neelam Dhungana Timsina, deputy governor of Nepal Rastra Bank and Toya Gyawali, secretary at the Ministry of Industry, Commerce and Supplies will discuss about the current crisis, its causes and way to emerge out of the crisis. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The session will be moderated by Dr Kalpana Khanal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the organizer, awards will be given away in eight different categories. Out of them, seven will be under institutional categories, while one individual will be felicitated with lifetime achievement award in business leadership in recognition of his/her contribution to the business sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Seven institutional awards include best managed company of the year, best managed commercial bank, best managed development bank, best managed finance company, best managed micro finance company and best managed non-life insurance company and best managed life insurance company. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Independent jury members consisting experts from various sectors have already selected excellent institutions and person to be awarded after a series of evaluation.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Dr Nagesh Kumar, Director of the India’s Institute for Studies in Industrial Development, is the keynote speaker of the event. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">This annual event is being organized by New Business Age since 2013. The event was not held in 2015, 2020 and 2022 due to the Gorkha earthquake and Covid-19 pandemic.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Asian Paints is the main sponsor of the programme while Gods of Furniture, Metlife Insurance, Rastriya Banijya Bank, Nexus Evi, NLG Insurance, Dish Home, Fiber Net, Nepali Patro, President Travels and Tours, have sponsored the event. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-12', 'modified' => '2022-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '16247', 'image' => '20221212043902_IMG-20221212-WA0004.jpg', 'article_date' => '2022-12-12 15:16:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16502', 'article_category_id' => '273', 'title' => 'Seventh Edition of NewBiz Business Conclave and Awards to Be Held On Monday ', 'sub_title' => '', 'summary' => 'Seventh Edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off at Radisson Hotel, Kathmandu, at 3:30 pm, according to New Business Private Limited. ', 'content' => '<p><span style="font-size:18px"> <br /> December 11: The seventh edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off in Kathmandu at 3:30 pm, according to New Business Age Private Limited. <br /> As per the organizer, awards will be given away in eight different categories. Out of them, seven will be under institutional categories, while one individual will be felicitated with lifetime achievement award in business leadership in recognition of his/her contribution to the business sector.</span></p> <p><span style="font-size:18px">Seven institutional awards include best managed company of the year, best managed commercial bank, best managed development bank, best managed finance company, best managed micro finance company and best managed non-life insurance company and best managed life insurance company. </span><br /> </p> <p><span style="font-size:18px">Independent jury members consisting experts from various sectors have already selected excellent institutions and person to be awarded after a series of evaluation.</span><br /> </p> <p><span style="font-size:18px">Finance Minister Janardan Sharma will be the Chief Guest at the programme while Dr. Nagesh Kumar, Director of the India’s Institute for Studies in Industrial Development will be the keynote speaker. </span><br /> </p> <p><span style="font-size:18px">The programme will have a panel discussion ‘on emerging through crises'. <br /> Asian Paints is the major sponsor of the programme while Gods of Furniture, Metlife Insurance, Rastriya Banijya Bank, Nexus Evi, NLG Insurance, Dish Home, Fiber Net, Nepali Patro, President Travels and Tours, have sponsored the event. <br /> The programme will be live on Aarthik Abhiyan’s Facebook page, and New Business Age’s Youtube channel, according to the organiser. </span></p> ', 'published' => true, 'created' => '2022-12-11', 'modified' => '2022-12-11', 'keywords' => '', 'description' => '', 'sortorder' => '16243', 'image' => '20221211064357_collage (6).jpg', 'article_date' => '2022-12-11 18:34:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '15152', 'article_category_id' => '273', 'title' => 'Jawalakhel Group’s Maggie Shah Honored with Lifetime Achievement Award', 'sub_title' => '14 Women Entrepreneurs felicitated in NewBiz Business Women Summit and Awards 2022', 'summary' => 'April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over four decades.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">four decades.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Shah was felicitated with the lifetime achievement award during the event organized by </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily. Standard Chartered Bank Nepal’s CEO Anirvan Ghosh Dastidar, National Planning Commission’s Vice Chairman Biswo Nath Poudel and New Business Age’s Chairman Madan Lamsal jointly handed over the award to Shah. </span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Shah, promoter of JGI, has played a major role in taking the company to greater heights. She is also working for women empowerment through organisations such as Tewa, Federation of Women Entrepreneurs Association of Nepal (FWEAN) and SAARC Women Entrepreneur’s Council Nepal, among others.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, 13</span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif""> women entrepreneurs from various categories were also honored at the special ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Usha Giri, Chairperson of Rikishi Compost Pvt, was felicitated with the ‘Women Entrepreneur of the Year 2022’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Seven women entrepreneurs from each province were awarded during the ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">An independent panel of jury made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Jyoti Sherchan, the first female architect of Nepal, was honoured with the ‘Professional Women of the Year 2022’ award, while Indira Yakthumba, principal of Gyanodaya School, received the ‘Inspirational Woman Entrepreneur of the Year 2022’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, Prakriti Mainali, founder of Shakti Milan Nepal was honoured with the ‘Social Woman Entrepreneur of the Year’ award. Sunaina Thakur, founder of Sunaina Mithila Art was felicitated with the ‘Indigenous Woman Entrepreneur of the Year’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, Dr Prativa Pandey, founder of Herveda Botanicals was felicitated with the ‘Emerging Woman Entrepreneur of the Year’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The women entrepreneurs were awarded with cash prize, trophy and certificates.</span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=15YuzQMZTJgVm9DJ5AltqvdFDKz5kbc5J" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, seven enterprising women entrepreneurs from each province were honored with Rs 50,000 each and certificates.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Sita Rai, owner of Luma Gharelu Allo Udhyog and Training Center, Biratchowk (Province 1); Yashodha Gajurel, proprietor of Yashoda Bag and Readymade Udhyog, Birgunj (Madhesh Province); Basu Maya Tamang, proprietor of Nepali Mann Udhyog, Kathmandu (Bagmati Province); and Samikshya Sharma, proprietor of Parbat Krishi Uddham Kendra, Kusma, Parbat (Gandaki Province) bagged the ‘Enterprising Woman of the Year 2022’ awards.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Other entrepreneurs honoured with the ‘Enterprising Woman of the Year 2022’ awards were Neeru Chaudhary, owner of Panchashil Hastakala Kendra, Banke (Lumbini Province); Krishna Kumari Banshi, member of Laganshil Kosheli Textile Udhyog, Birendranagar, Surkhet (Karnali Province); and Dhana Devi Chokhal, owner of Keshav Madhav Krishi Farm Private Limited, Kailali (Sudurpaschim Province). </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">FWEAN President Neeru Rayamajhi Khatri was the chair of the jury committee. Barsha Shrestha, Anju Sharma, Kishore Maharjan and Sahara Joshi were the members of the jury.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organizers, the jury committee had selected the award winners based on criteria like compliance with regulations, quality of organizational management, quality of business operations, financial indicators, social impact, innovation or novelty in business or product, employment generation, contribution to export or import substitution, calibre and struggle, number of enterprise the entrepreneur is operating, and jury judgment.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Addressing the ceremony, National Planning Commission Vice Chairman Biswo Nath Poudel, who was also the chief guest of the ceremony, said that families in Nepal opt to buy motorcycles instead of washing machines.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Washing machines and dish-washers are helpful for household chores for women but that does not fall on priority,” said Poudel, adding, “The challenge is to become inclusive. For example, our target is to provide electricity to every household. There are still 300,000 households who are deprived of electricity and those are mostly marginalized community. Supplying electricity to them is inclusion in true sense.”</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Also speaking at the ceremony, FNCCI President Shekhar Golchha said thanked New Business Age for inviting him to the event and praised the constitution of Nepal for its inclusiveness. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif""> An in-depth group discussion on ‘Post-pandemic Opportunities for Women Entrepreneurs’ was also held during the event where the panelists highlighted how women entrepreneurs overcame the challenges posed by Covid-19.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organisers, three special interactive training programs in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar in the lead-up to the summit and award ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">This is the second edition of ‘Standard Chartered NewBiz Business Women Summit and Award 2022’.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the title sponsor of the awards ceremony and Muktinath Bikas Bank is the co-sponsor. Star Hospital is the medical partner for the event. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Fiber Net is the internet partner. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Storm, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '14894', 'image' => '20220423065345_IMG-20220423-WA0000.jpg', 'article_date' => '2022-04-22 19:35:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15151', 'article_category_id' => '273', 'title' => 'Standard Chartered’s Hsu highlights women’s role in driving commerce and prosperity in Nepal', 'sub_title' => '', 'summary' => 'Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in Nepal. ', 'content' => '<p>April 22: Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in Nepal. </p> <p>In a video address to the NewBiz Business Women Summit and Awards 2022 organized by New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, she shared initiatives of Standard Chartered in Nepal to support women entrepreneurship as part of its efforts to make a positive and lasting impact in the markets where it operate. </p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p>According to Hsu, Standard Chartered Bank Nepal Ltd is offering subsidized women entrepreneurship loans, which have seen a robust growth in the number of accounts opened over the last two years. She said that to promote employability for young women, Standard Chartered is embarking on a project with Plan International to equip young women with necessary skills and knowledge to be employed or self-employed. </p> <p>“To equip young girls with confidence and skills to be economic leaders in their families and communities, we have been running our flagship ‘Sports to Development’ programme in Nepal since 2020. We aim to engage 1,000 young girls in financial education and life-skill training,” she said. She said that Standard Chartered is also committed to promote gender equality at work and support women to take senior roles. “In fact, 40 percent of the board of directors of Standard Chartered Bank Nepal Ltd are female and the board is chaired by Zarin Daruwala, who is our cluster CEO of Standard Chartered’s India and South Asia markets,” she said.</p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14893', 'image' => '20220422064332_Standard Chartered_.jpg', 'article_date' => '2022-04-22 18:00:11', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 5 => array( 'Article' => array( 'id' => '15150', 'article_category_id' => '273', 'title' => 'Panelists Call for Support to Women Entrepreneurs Hit by Covid-19', 'sub_title' => '', 'summary' => 'April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by Covid-19.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by Covid-19. In a panel discussion organized as part of the NewBiz Business Women Summit and Awards 2022 by New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, panelists also highlighted the post-pandemic opportunities available for women entrepreneurs. Excerpts:</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Mahalaxmi Shrestha, </span></strong><span style="font-family:"Arial","sans-serif"">General Secretary, FWEAN</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The pandemic was a major setback to most of the businesses. Many businesses were on the verge of closure. However, some entrepreneurs took this challenge as an opportunity. Digitalization played a vital role in it. Digital platform was the medium through which goods produced were sold in the market. Digital marketing flourished during the period.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digital marketing requires good photos of the product and the product’s packaging must also look good.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The government had announced concessional loan amid the pandemic. However, there was information gap as many women were unaware of such concessional loan. There women were unaware how to access those concessional package.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Another issue is the collateral free credit for women entrepreneurs. Many women affiliated to our association complain that banks seek collateral with them against the government policy. Therefore, this programme needs to be re-evaluated.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span> <img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Pradhyuman Pokharel, </span></strong><span style="font-family:"Arial","sans-serif"">CEO, Muktinath Bikas Bank</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">When we talk about women entrepreneurship, we need to consider three things, access to finance, access to knowledge and access to the market. It is not enough to just give loans and invest. It is necessary to give knowledge to women on how to do business, problems associated with their field of engagement, source to get raw materials, dangers surrounding the manufacture of products, how to sell the finished products, and if the business can be done with cash or credit as well. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">After all this, it is also mandatory to educate them about marketing of the products. Although the Covid-19 pandemic reduced the growth of credit extension this year, digitization came forth as its positive impact. In addition the creativity got sparked during the lockdown period and now people are able to think in a wide domain. As a result, we witnessed the widespread food delivery business with women's involvement.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digitization is difficult in the rural areas of Nepal as women in rural areas are not well aware of technical issues. Women in rural areas are not as aware as the women in urban areas. In addition, awareness is extremely crucial because women are unable to speak independently. With the facilitation of policies, and proper awareness, the ecosystem will be more favorable for women entrepreneurship.</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Narayan Prasad Regmi, </span></strong><span style="font-family:"Arial","sans-serif"">Joint Secretary, Ministry of Industry, Commerce and Supplies </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Since women entrepreneurs were at the forefront of bearing the brunt of Covid-19, the government took three initiatives at the policy level. First, we brought refinancing and subsidized loan facilities for women entrepreneurs hit by the pandemic. We also introduced targeted programmes for women entrepreneurs to help them in finding and accessing markets and export their products by helping them register trademarks and patents. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">We also designed growth modality programmes for women enterprises. We took the Micro-Enterprise Development Programme (MEDEP) to all 753 local units toward helping women-led micro enterprises. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Women entrepreneurs need support in every step of their overall entrepreneurship or business cycle. For that, the government is ready to provide such support. The priority should be on boosting mass production in the country. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">We are focused on promoting women entrepreneurs also in rural areas. The government has been providing a waiver on revenue for women entrepreneurs or registration of properties. But, that has not helped in increasing women’s role in decision making. We have taken the registration process of business to online system. There is a one-door system for registration of businesses. So, women do not need to visit the Department of Industry to register their businesses. Now, local-level governments register enterprises of certain capital. </span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Pranu Singh, </span></strong><span style="font-family:"Arial","sans-serif"">Head of Corporate affairs, Brand and Marketing, Standard Chartered Bank Nepal Limited</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">There are separate policies and regulations for women entrepreneurs. Especially, the new financial literacy framework introduced recently is really impressive and we have already started working on it. But since there are many gaps in implementing the policies and regulations, making women entrepreneurs aware will of course fill up those gaps, but it is going to take some time. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digitization has definitely occurred but there are challenges everywhere. The beginning of everything starts from a family or community. When a woman expresses her interest towards entrepreneurship, the way her household treats is what matters. But there is the issue of mindset. For years the mindset has been shaped by the stereotype that men should go out to work and women should make a home. Not only in the rural areas, there are such gender biases in urban areas as well. It is a long process to change this mindset, but it is possible. It is necessary to start at the basic level and move step by step towards spreading awareness to the family on how to remove such biases. Women entrepreneurship is basically financial independence and hence awareness should be raised from the family level and organization level itself.</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Dr Neelam Dhungana, </span></strong></span></span><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Deputy Governor, Nepal Rastra Bank</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The entire economy was impacted due to the covid-19 pandemic. In the meantime, Nepal Rastra Bank brought different policies to encourage women entrepreneurs. Meanwhile, the central bank did a survey to study the impact of the pandemic in which it was found that only four percent of businesses were fully operating and 80 percent were partially closed. After the impact of coronavirus declined, around 82 percent of businesses have revived and this rate is increasing. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The concessional loan scheme that the government and the central bank had brought to encourage women entrepreneurs, problems such as seeking collateral, target group not receiving the loan, men taking loans in the name of women were seen. Since the loan was not received by the target group, the objective was also not met. We have a high level coordination committee and we have concluded that the concessional loan procedure should be amended. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Lack of ownership in the property is still a major problem for women entrepreneurs. As per the data of ministry of land management, women with land ownership has increased to 43 percent from 20 percent. However, it is very difficult for a woman to take loan even if she has land. So, women cannot take decisions, and it is men who ultimately take the decision. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Besides, the troublesome and lengthy documentation process discourages women entrepreneurs. They also do not know how to write an effective business proposal, which is also a problem. In some cases, men have been misusing the loan in the name of women. The upcoming concessional loan procedure will address all these problems and work accordingly. </span></span><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Women entrepreneurship is about financial independence.</span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14892', 'image' => '20220422063211_IMG-20220422-WA0000.jpg', 'article_date' => '2022-04-22 18:40:19', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15149', 'article_category_id' => '273', 'title' => 'Standard Chartered NewBiz Business Women Summit and Awards 2022 Kicks Off', 'sub_title' => '', 'summary' => 'April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on Thursday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on Thursday. The organizer New Business Age Pvt Ltd informed that 15 women entrepreneurs will be honored in 8 categories during the event.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Speaking at the inauguration of the awards ceremony, Sabita Subedi on behalf of the organisers, said that the awards ceremony would inspire others involved in women’s entrepreneurship. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">“Women empowerment has been making rounds since a long time and it has achieved some success. However much more needs to be done. Let’s work hand in hands for entrepreneurship,” said NBA Director Subedi.</span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">New Business Age had organized various events across the country to promote women entrepreneurship in the run-up to the finale. The awards programme started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This year, the best seven women entrepreneurs from each province will also be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14891', 'image' => '20220422072813_New Business Age Summit and Awards.JPG', 'article_date' => '2022-04-22 16:46:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15145', 'article_category_id' => '273', 'title' => 'Standard Chartered NewBiz Business Women Summit and Awards 2022 Today', 'sub_title' => '', 'summary' => 'April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital. The organizer New Business Age Pvt. Ltd. informed that the best 15 women in 8 categories will be honored during the event.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">New Business Age had organized various events across the country to promote women entrepreneurship in the run-up to the finale. The awards programme started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. </span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This year, the best seven women entrepreneurs from each province will also be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14887', 'image' => '20220422112228_20220421010649_1650496679.3.jpg', 'article_date' => '2022-04-22 11:21:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15140', 'article_category_id' => '273', 'title' => 'Final Event of ‘Standard Chartered NewBiz Business Women Summit and Awards 2022’ on Friday', 'sub_title' => '', 'summary' => 'April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday. The programme this year started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. The final program of this year will be held in Kathmandu on Friday (April 22). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The organizer New Business Age Pvt. Ltd. informed that the best 15 women in 8 categories will be honored in the final programme. Likewise, the best seven women entrepreneurs from each province will be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">During the run-up to the event, a panel discussion was held with various experts regarding new opportunities for entrepreneurs after Covid-19. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-21', 'modified' => '2022-04-21', 'keywords' => '', 'description' => '', 'sortorder' => '14882', 'image' => '20220421010649_1650496679.3.jpg', 'article_date' => '2022-04-21 13:05:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15135', 'article_category_id' => '273', 'title' => 'Financial Literacy is the Basis of Women Entrepreneurship ', 'sub_title' => '', 'summary' => 'April 20: Financial literacy is the need of the hour for women entrepreneurs.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">April 20: Financial literacy is the need of the hour for women entrepreneurs. Stakeholders say that the state and private sector should take necessary steps to this end. Participants of an interaction programme under the ‘Standard Chartered NewBiz Business Women Summit and Awards 2022’ organized in Biratnagar on Tuesday said that doing so will strengthen women entrepreneurs’ contribution to the country’s economy in the future. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking at the interaction coordinated by Chamber of Industries Morang (CIM), Pratibha Rijal Oli, executive committee member of CIM and coordinator of Women Entrepreneurship Committee, said that women, a part of economic development of the country, have always lagged behind. Stating that financial literacy is indispensable for women entrepreneurs, she said that women will benefit from financial literacy conducted at the grassroots level. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“The contribution of women in the economic development of the country is not less and if entrepreneurial literacy is provided to women their contribution in the economy will be even more,” she said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">She informed that a majority of women are engaged in business only for livelihood and even though they wanted to expand it, they are unaware about the market and process of taking loan from the bank. </span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Furthermore, she stated that if the training and interaction programme is organized by New Business Age (NBA) regularly, it would be very fruitful for such business women. She says that it is necessary to make women entrepreneurs able to take loans, keep an account of their business and do marketing. She suggested that NBA should hold two such events a year. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Chairman of the CIM Suyash Raj Pyakurel appreciated NBA for organizing the programme for the development of women entrepreneurship outside the capital. He said that literacy is first and foremost necessary for the development of women entrepreneurship. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Madan Lamsal, chairman and editor-in-chief of NBA, said that the programme has been conducted in different provinces and the selected women entrepreneurs will be honored and prizes will be distributed in the capital. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He informed that they have been working for entrepreneurship since 2013. Stating that economic development of the country is possible only if women are into entrepreneurship, Lamsal said that NBA has been organizing training and interaction for women entrepreneurs annually. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">President of the Federation of Women Entrepreneurs Association of Nepal (FWEAN) Niru Rayamajhi Khatri provided training to the participants on leadership and leadership qualities. She also informed the participants about the pre-requisites to move their business forward. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Sita Rai of Luma Home-made Dhaka Industry, who participated in the programme, said that it is much easier for a startup now compared to the difficulties she had while starting her business. She said that organizations like NBA need to train startups to run successful businesses. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Sharmila Humagain, branch manager of Standard Chartered Bank, Biratnagar, said that in some cases, women entrepreneurs lack documents required for taking loans. She informed that banks have been providing a concessional loan for women entrepreneurs in case they are able to submit all the documents required for obtaining such loans. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Managers of Agricultural Development Bank and Muktinath Bikas Bank said that they will provide loans if all the documents are provided. In addition, they said that the banks should provide loans for the development of women entrepreneurship but there would be a problem when others try to take loans in the name of women. </span></span></span></p> ', 'published' => true, 'created' => '2022-04-20', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14877', 'image' => '20220420014616_1650414801.jpg', 'article_date' => '2022-04-20 13:45:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15122', 'article_category_id' => '273', 'title' => 'Innovation and Financial Literacy are the Base of Women Entrepreneurship ', 'sub_title' => '', 'summary' => 'April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the economy.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the economy. The award function is to be held in Kathmandu on Friday, April 22. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Speaking on the occasion, Chief Customs Officer of Birgunj Customs Harihar Poudel said that financial literacy and innovation should be emphasised for the promotion of women entrepreneurship. Stating that the finished product of one enterprise can be the raw material of another, Poudel said that innovation would widen the scope of entrepreneurship. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Poudel stressed on the need for effective policy and its implementation to involve more women in the enterprise and to uplift those who are already active in the enterprise. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"Skill development training is not enough for women. We have to see whether the learned skills are used or not," he said. Madan Lamsal, president and editor-in-chief of New Business Age Pvt Ltd, said the country would not prosper unless women are empowered. </span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He stated that the award and recognition programme is being organised to encourage women towards entrepreneurship. “The private sector should lead the economic development,” said Lamsal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Reema Shah, chief of the Cottage and Small Industries Office, Parsa, said that women in rural areas have not been able to move towards entrepreneurship. She urged the inclusion of women from rural areas in the women entrepreneurship promotion programme. She also said that there is low participation of women from rural areas in skill-based training. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Rajan Dev Bhattarai, director of Nepal Rastra Bank Regional Office, Birgunj, claimed that women entrepreneurs still lack financial literacy. Director Bhattarai said that despite the government budget being spent in the name of making women self-employed and to involve them in entrepreneurship, the expected outcome has not been observed. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Stating that women entrepreneurs have complained of not being able to get concessional loans easily, Bhattarai said that the loan without any collateral should be disbursed to them through projects. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">President of Birgunj Chamber of Commerce and Industry Dr Subodh Kumar Gupta claimed that only 10 percent women were entrepreneurs and argued that men were also to blame for the failure of women. He said that men should help in promoting women entrepreneurship. He claimed that women are more honest than men in any profession and business. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Participants of the interactive training held in the run-up to the award program, sponsored by Standard Chartered Bank and co-sponsored Muktinath Development Bank, complained that the results of entrepreneurship is not seen due to the problems such as lack of marketing, access to technology and credit. </span></span></p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14864', 'image' => '20220418125406_1650236386.4.jpg', 'article_date' => '2022-04-18 12:51:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15090', 'article_category_id' => '273', 'title' => 'Two Women Share their Entrepreneurial Journey ', 'sub_title' => '', 'summary' => 'April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and Awards. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and Awards. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Basumaya Tamang and Sewa Pathak narrated their stories of enterprise journey in a program called 'Niyatra-Shi Odyssey' organized at the Center for Leadership and Entrepreneurship in Lalitpur on Monday. Tamang is the director of Nepali Mann Udyog while Pathak is the Chief Executive Officer (CEO) of Vianet Communications Pvt Ltd. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Tamang, who is successful in producing timur pickles in Nepal and exporting them to different countries in the world, shared her experiences of achieving success in this business. She shared her stories from carrying sand from the river bank to making candles. Prior to making pickles, she said she was involved in roadside vendor business selling products with the help of a cart. Currently, she employs 90 women. Tamang, who has already expanded her branch in the UK, said that she is preparing to open a branch in Dubai soon. </span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“I am able to reach this stage today by struggling without giving up under any circumstances,” she said at the storytelling event. She also suggested women wanting to enter into entrepreneurship to do something different than what others are doing. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking on the occasion, Pathak, CEO of Vianet, shared her experience of working as a finance manager at Shikhar Insurance in her early days after becoming a Chartered Accountant. After some time, she started working for her husband’s company Vianet. After the introduction of ‘Fiber-to-the-home’ technology, she says that she worked full time in the company for its implementation. With time, she started working as the CEO of the company. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">She shared that when she came up with a business plan for loan with various banks, they used to ask questions only to her husband. She adds, “People are still hesitant to trust women.” She says that we can be successful in business if only we can overcome such a mentality. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Everybody has a problem in maintaining work-life balance at the same time. Pathak believes that in this case, success can be achieved by allocating time on priority basis. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Academic Director of the Center for Leadership and Entrepreneurship Bijay Anand Sharma Timilsina delivered the welcome address. Madan Lamsal, president and editor-in-chief of New Business Age, highlighted about the program on the occasion. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The event was attended by various professionals and women entrepreneurs. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards that is going to be held in Kathmandu on April 26. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">New Business Age has been conducting various awards programmes to help in the promotion of industry, business and entrepreneurship. A similar program to honor women entrepreneurs was held on January 31 last year. </span></span></span></p> ', 'published' => true, 'created' => '2022-04-12', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14832', 'image' => '20220412022419_1649713887.Clipboard05.jpg', 'article_date' => '2022-04-12 14:23:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15082', 'article_category_id' => '273', 'title' => 'Preparations for ‘NewBiz Business Women Summit and Awards 2022’ in Final Phase ', 'sub_title' => '', 'summary' => 'April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final stage.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final stage.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organizer – New Business Age Pvt Ltd, the summit and awards ceremony will be held in the capital on April 22.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The event is being organised with the objective of encouraging successful women entrepreneurs. The process of selecting the best women entrepreneurs from each province has been completed. Those selected will be given a certificate along with cash prize. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">An independent jury formed for the selection has already selected the women entrepreneurs to be awarded in various categories. Data of more than 2,000 women entrepreneurs from across the country have been collected for the selection process. The organiser informed that the award and honors will be provided in seven different categories. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">In the run-up to the mega event, a group discussion among experts has already been held on the topic of ‘Opportunities for Women Entrepreneurs after the Pandemic’. The organizer informed that the video of the discussion will be made public on the awards ceremony and further discussions will be held focusing on the issues raised during the discussion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Under this event, there will be three interactive training programs in mid-April on business related topics for existing and aspiring women entrepreneurs across the country through hybrid medium. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the title sponsor of the awards ceremony and Muktinath Bikas Bank is the co-sponsor. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Fiber Net is the internet partner. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">New Business Age has been conducting various awards programs to help in the promotion of industry, business and entrepreneurship. A similar program to honor women entrepreneurs was held on January 31 last year. Last November, the startup entrepreneurs were also honored in the same way. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-04-11', 'modified' => '2022-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '14824', 'image' => '20220411015407_1649625777.Clipboard08.jpg', 'article_date' => '2022-04-11 13:53:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16511', 'article_category_id' => '273', 'title' => 'NewBiz Business Conclave & Awards: Shivam Cements Declared Best Managed Company', 'sub_title' => 'Awards distributed in 8 categories; Standard Chartered Bank Nepal named as “Best Managed Commercial Bank 2022”', 'summary' => 'December 12: Shivam Cements has been adjudged as the best managed company of 2022.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">December 12: Shivam Cements has been adjudged as the best managed company of 2022.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The publicly listed cement manufacturing company was honored with the title of the “Best Managed Company 2022” on Monday amid a grand ceremony during the 7</span></span><sup><span style="font-size:6.5pt"><span style="font-family:"Arial","sans-serif"">th</span></span></sup><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> Newbiz Business Conclave & Awards” organised by New Business Age Pvt Ltd.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The event, which features Asian Paints as the main sponsor, also felicitated seven companies as the best managed companies in their respective categories in addition to a lifetime achievement award to a business leader.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Standard Chartered Bank Nepal Ltd (SCBNL) received the award of the “Best Managed Commercial Bank 2022”. Standard Chartered Bank Nepal is the only international bank currently operating in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Towards development bank category, it was Shine Resunga Development Bank to bag the “Best</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Development Bank 2022” award.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">ICFC Finance Ltd won the award of the “Best Managed Finance Company”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, National Life Insurance Company Ltd received the honor of the “Best Managed Life Insurance Company” while Shikhar Insurance Company Ltd was named the “Best Managed Non-Life Insurance Company 2022”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">It was Chhimek Laghubitta Bittiya Sanstha Ltd which clinched the title of the “Best Managed Microfinance Company 2022”. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">According to the organizer, the companies and individuals honored during the event were selected by a jury after going through detailed research on each of the short-listed organizations and business leaders.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Each category had an independent jury which short-listed possible companies and individuals, and discussed various aspects among themselves and with outside experts and regulators before making the final selection, said the organizer.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">During the ceremony, New Business Age Ltd, the publisher of the monthly English magazine New Business Age and Aarthik Abhiyan National Daily, felicitated Himalaya Shumsher Rana with the “Lifetime Achievement in Business Award 2022”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The jury said that he was honored with the award for his outstanding contribution to the field of business and entrepreneurship in Nepal through his pioneering, innovating and visional roles in various fields including central banking, private sector commercial banking, insurance and manufacturing.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">New Business Age has been organizing Business Conclave & Awards annually since 2013 with an aim to hold discourse on crucial business and economic issues and honour business excellence by recognising quality works done by people and organizations.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">“They are being honoured for being our role models. We don't call them winners. Because they may be many more who deserve to be honoured. But we could not reach out to all of them because of our limited resources,” said Madan Lamsal, Chairman and Editor-in-chief of New Business Age group. “We hope they will do more in the future. We look forward to their higher achievements and investments in social good and corporate social responsibility in the years to come.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Prior to the award ceremony, a panel discussion on “Emerging Through the Crises” was organized where panelists comprising leaders from private sector, government and think tanks discussed resilience of Nepal’s business and economy to various crises including a decade long Maoists insurgency, earthquakes and trade blockades in 2015 and the recent Covid-19 pandemic.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">SAWTEE’s Chair Dr Posh Raj Pandey, FNCCI Vice President Chandra Dhakal, Nepal Rastra Bank’s Deputy Governor Dr Neelam Dhungana Timsina and Industry, Commerce and Supplies Secretary Dr Toya Gyawali were the panelists in the discussion moderated by Dr Kalpana Khanal, Senior Research Fellow at Policy Research Institute.</span></span></span></span></p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong><u>LIST OF AWARD RECIPIENTS </u></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Company</strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Shivam Cement Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Commercial Bank </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Rastriya Banijya Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Siddhartha bank Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Standard Charter Bank Nepal Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Development Bank </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Lumbini Bikas Bank & Kamana Sewa Bikas Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Muktinath Bikas Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Shine Resunga Development Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Finance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Goodwill FinanceCompany</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Guheswori Merchant Banking and Finance</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: ICFC Finance Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Microfinance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Deprosc Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Forward Community Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Chhimek Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Life Insurance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd: </sup>Life Insurance Corporation(Nepal) Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Nepal Life Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: National Life Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Non-Life Insurance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Neco Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Sagarmatha Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Sikhar Insurance Company</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-12-12', 'modified' => '2022-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '16253', 'image' => '20221212080924_IMG-20221212-WA0026.jpg', 'article_date' => '2022-12-12 19:53:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16506', 'article_category_id' => '273', 'title' => 'Seventh ‘NewBiz Business Conclave and Awards 2022’ Kicks Off ', 'sub_title' => 'Seven companies and one individual to be awarded', 'summary' => 'The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu at 3:30 pm today (December12). ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">December 12: The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu on Monday. The programme is being organized by New Business Age Pvt Ltd as an initiative to recognize and honour the best-performing companies.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Minister of Finance Janardan Sharma is scheduled to inaugurate the awards ceremony in a while. The Business Conclave and Awards is being attended by some 500 high-level professionals from the public and private sectors, including politicians, government officials, academicians, business leaders from banking, travel and tourism and other walks of life.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As the entire global economy is going through an economic slowdown and Nepal is not an exception, this year’s conclave is focused on the theme “Emerging through the Crisis” so as to learn experiences and ways to overcome the grim situation, according to organizer. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">During the conclave, a panel discussion featuring Dr Posh Raj Pandey, chairman of SWATEE, Chandra Dhakal, senior vice president of FNCCI, Dr Neelam Dhungana Timsina, deputy governor of Nepal Rastra Bank and Toya Gyawali, secretary at the Ministry of Industry, Commerce and Supplies will discuss about the current crisis, its causes and way to emerge out of the crisis. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The session will be moderated by Dr Kalpana Khanal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the organizer, awards will be given away in eight different categories. Out of them, seven will be under institutional categories, while one individual will be felicitated with lifetime achievement award in business leadership in recognition of his/her contribution to the business sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Seven institutional awards include best managed company of the year, best managed commercial bank, best managed development bank, best managed finance company, best managed micro finance company and best managed non-life insurance company and best managed life insurance company. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Independent jury members consisting experts from various sectors have already selected excellent institutions and person to be awarded after a series of evaluation.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Dr Nagesh Kumar, Director of the India’s Institute for Studies in Industrial Development, is the keynote speaker of the event. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">This annual event is being organized by New Business Age since 2013. The event was not held in 2015, 2020 and 2022 due to the Gorkha earthquake and Covid-19 pandemic.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Asian Paints is the main sponsor of the programme while Gods of Furniture, Metlife Insurance, Rastriya Banijya Bank, Nexus Evi, NLG Insurance, Dish Home, Fiber Net, Nepali Patro, President Travels and Tours, have sponsored the event. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-12', 'modified' => '2022-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '16247', 'image' => '20221212043902_IMG-20221212-WA0004.jpg', 'article_date' => '2022-12-12 15:16:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16502', 'article_category_id' => '273', 'title' => 'Seventh Edition of NewBiz Business Conclave and Awards to Be Held On Monday ', 'sub_title' => '', 'summary' => 'Seventh Edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off at Radisson Hotel, Kathmandu, at 3:30 pm, according to New Business Private Limited. ', 'content' => '<p><span style="font-size:18px"> <br /> December 11: The seventh edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off in Kathmandu at 3:30 pm, according to New Business Age Private Limited. <br /> As per the organizer, awards will be given away in eight different categories. Out of them, seven will be under institutional categories, while one individual will be felicitated with lifetime achievement award in business leadership in recognition of his/her contribution to the business sector.</span></p> <p><span style="font-size:18px">Seven institutional awards include best managed company of the year, best managed commercial bank, best managed development bank, best managed finance company, best managed micro finance company and best managed non-life insurance company and best managed life insurance company. </span><br /> </p> <p><span style="font-size:18px">Independent jury members consisting experts from various sectors have already selected excellent institutions and person to be awarded after a series of evaluation.</span><br /> </p> <p><span style="font-size:18px">Finance Minister Janardan Sharma will be the Chief Guest at the programme while Dr. Nagesh Kumar, Director of the India’s Institute for Studies in Industrial Development will be the keynote speaker. </span><br /> </p> <p><span style="font-size:18px">The programme will have a panel discussion ‘on emerging through crises'. <br /> Asian Paints is the major sponsor of the programme while Gods of Furniture, Metlife Insurance, Rastriya Banijya Bank, Nexus Evi, NLG Insurance, Dish Home, Fiber Net, Nepali Patro, President Travels and Tours, have sponsored the event. <br /> The programme will be live on Aarthik Abhiyan’s Facebook page, and New Business Age’s Youtube channel, according to the organiser. </span></p> ', 'published' => true, 'created' => '2022-12-11', 'modified' => '2022-12-11', 'keywords' => '', 'description' => '', 'sortorder' => '16243', 'image' => '20221211064357_collage (6).jpg', 'article_date' => '2022-12-11 18:34:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '15152', 'article_category_id' => '273', 'title' => 'Jawalakhel Group’s Maggie Shah Honored with Lifetime Achievement Award', 'sub_title' => '14 Women Entrepreneurs felicitated in NewBiz Business Women Summit and Awards 2022', 'summary' => 'April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over four decades.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">four decades.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Shah was felicitated with the lifetime achievement award during the event organized by </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily. Standard Chartered Bank Nepal’s CEO Anirvan Ghosh Dastidar, National Planning Commission’s Vice Chairman Biswo Nath Poudel and New Business Age’s Chairman Madan Lamsal jointly handed over the award to Shah. </span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Shah, promoter of JGI, has played a major role in taking the company to greater heights. She is also working for women empowerment through organisations such as Tewa, Federation of Women Entrepreneurs Association of Nepal (FWEAN) and SAARC Women Entrepreneur’s Council Nepal, among others.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, 13</span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif""> women entrepreneurs from various categories were also honored at the special ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Usha Giri, Chairperson of Rikishi Compost Pvt, was felicitated with the ‘Women Entrepreneur of the Year 2022’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Seven women entrepreneurs from each province were awarded during the ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">An independent panel of jury made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Jyoti Sherchan, the first female architect of Nepal, was honoured with the ‘Professional Women of the Year 2022’ award, while Indira Yakthumba, principal of Gyanodaya School, received the ‘Inspirational Woman Entrepreneur of the Year 2022’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, Prakriti Mainali, founder of Shakti Milan Nepal was honoured with the ‘Social Woman Entrepreneur of the Year’ award. Sunaina Thakur, founder of Sunaina Mithila Art was felicitated with the ‘Indigenous Woman Entrepreneur of the Year’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, Dr Prativa Pandey, founder of Herveda Botanicals was felicitated with the ‘Emerging Woman Entrepreneur of the Year’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The women entrepreneurs were awarded with cash prize, trophy and certificates.</span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=15YuzQMZTJgVm9DJ5AltqvdFDKz5kbc5J" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, seven enterprising women entrepreneurs from each province were honored with Rs 50,000 each and certificates.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Sita Rai, owner of Luma Gharelu Allo Udhyog and Training Center, Biratchowk (Province 1); Yashodha Gajurel, proprietor of Yashoda Bag and Readymade Udhyog, Birgunj (Madhesh Province); Basu Maya Tamang, proprietor of Nepali Mann Udhyog, Kathmandu (Bagmati Province); and Samikshya Sharma, proprietor of Parbat Krishi Uddham Kendra, Kusma, Parbat (Gandaki Province) bagged the ‘Enterprising Woman of the Year 2022’ awards.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Other entrepreneurs honoured with the ‘Enterprising Woman of the Year 2022’ awards were Neeru Chaudhary, owner of Panchashil Hastakala Kendra, Banke (Lumbini Province); Krishna Kumari Banshi, member of Laganshil Kosheli Textile Udhyog, Birendranagar, Surkhet (Karnali Province); and Dhana Devi Chokhal, owner of Keshav Madhav Krishi Farm Private Limited, Kailali (Sudurpaschim Province). </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">FWEAN President Neeru Rayamajhi Khatri was the chair of the jury committee. Barsha Shrestha, Anju Sharma, Kishore Maharjan and Sahara Joshi were the members of the jury.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organizers, the jury committee had selected the award winners based on criteria like compliance with regulations, quality of organizational management, quality of business operations, financial indicators, social impact, innovation or novelty in business or product, employment generation, contribution to export or import substitution, calibre and struggle, number of enterprise the entrepreneur is operating, and jury judgment.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Addressing the ceremony, National Planning Commission Vice Chairman Biswo Nath Poudel, who was also the chief guest of the ceremony, said that families in Nepal opt to buy motorcycles instead of washing machines.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Washing machines and dish-washers are helpful for household chores for women but that does not fall on priority,” said Poudel, adding, “The challenge is to become inclusive. For example, our target is to provide electricity to every household. There are still 300,000 households who are deprived of electricity and those are mostly marginalized community. Supplying electricity to them is inclusion in true sense.”</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Also speaking at the ceremony, FNCCI President Shekhar Golchha said thanked New Business Age for inviting him to the event and praised the constitution of Nepal for its inclusiveness. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif""> An in-depth group discussion on ‘Post-pandemic Opportunities for Women Entrepreneurs’ was also held during the event where the panelists highlighted how women entrepreneurs overcame the challenges posed by Covid-19.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organisers, three special interactive training programs in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar in the lead-up to the summit and award ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">This is the second edition of ‘Standard Chartered NewBiz Business Women Summit and Award 2022’.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the title sponsor of the awards ceremony and Muktinath Bikas Bank is the co-sponsor. Star Hospital is the medical partner for the event. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Fiber Net is the internet partner. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Storm, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '14894', 'image' => '20220423065345_IMG-20220423-WA0000.jpg', 'article_date' => '2022-04-22 19:35:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15151', 'article_category_id' => '273', 'title' => 'Standard Chartered’s Hsu highlights women’s role in driving commerce and prosperity in Nepal', 'sub_title' => '', 'summary' => 'Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in Nepal. ', 'content' => '<p>April 22: Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in Nepal. </p> <p>In a video address to the NewBiz Business Women Summit and Awards 2022 organized by New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, she shared initiatives of Standard Chartered in Nepal to support women entrepreneurship as part of its efforts to make a positive and lasting impact in the markets where it operate. </p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p>According to Hsu, Standard Chartered Bank Nepal Ltd is offering subsidized women entrepreneurship loans, which have seen a robust growth in the number of accounts opened over the last two years. She said that to promote employability for young women, Standard Chartered is embarking on a project with Plan International to equip young women with necessary skills and knowledge to be employed or self-employed. </p> <p>“To equip young girls with confidence and skills to be economic leaders in their families and communities, we have been running our flagship ‘Sports to Development’ programme in Nepal since 2020. We aim to engage 1,000 young girls in financial education and life-skill training,” she said. She said that Standard Chartered is also committed to promote gender equality at work and support women to take senior roles. “In fact, 40 percent of the board of directors of Standard Chartered Bank Nepal Ltd are female and the board is chaired by Zarin Daruwala, who is our cluster CEO of Standard Chartered’s India and South Asia markets,” she said.</p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14893', 'image' => '20220422064332_Standard Chartered_.jpg', 'article_date' => '2022-04-22 18:00:11', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 5 => array( 'Article' => array( 'id' => '15150', 'article_category_id' => '273', 'title' => 'Panelists Call for Support to Women Entrepreneurs Hit by Covid-19', 'sub_title' => '', 'summary' => 'April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by Covid-19.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by Covid-19. In a panel discussion organized as part of the NewBiz Business Women Summit and Awards 2022 by New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, panelists also highlighted the post-pandemic opportunities available for women entrepreneurs. Excerpts:</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Mahalaxmi Shrestha, </span></strong><span style="font-family:"Arial","sans-serif"">General Secretary, FWEAN</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The pandemic was a major setback to most of the businesses. Many businesses were on the verge of closure. However, some entrepreneurs took this challenge as an opportunity. Digitalization played a vital role in it. Digital platform was the medium through which goods produced were sold in the market. Digital marketing flourished during the period.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digital marketing requires good photos of the product and the product’s packaging must also look good.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The government had announced concessional loan amid the pandemic. However, there was information gap as many women were unaware of such concessional loan. There women were unaware how to access those concessional package.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Another issue is the collateral free credit for women entrepreneurs. Many women affiliated to our association complain that banks seek collateral with them against the government policy. Therefore, this programme needs to be re-evaluated.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span> <img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Pradhyuman Pokharel, </span></strong><span style="font-family:"Arial","sans-serif"">CEO, Muktinath Bikas Bank</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">When we talk about women entrepreneurship, we need to consider three things, access to finance, access to knowledge and access to the market. It is not enough to just give loans and invest. It is necessary to give knowledge to women on how to do business, problems associated with their field of engagement, source to get raw materials, dangers surrounding the manufacture of products, how to sell the finished products, and if the business can be done with cash or credit as well. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">After all this, it is also mandatory to educate them about marketing of the products. Although the Covid-19 pandemic reduced the growth of credit extension this year, digitization came forth as its positive impact. In addition the creativity got sparked during the lockdown period and now people are able to think in a wide domain. As a result, we witnessed the widespread food delivery business with women's involvement.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digitization is difficult in the rural areas of Nepal as women in rural areas are not well aware of technical issues. Women in rural areas are not as aware as the women in urban areas. In addition, awareness is extremely crucial because women are unable to speak independently. With the facilitation of policies, and proper awareness, the ecosystem will be more favorable for women entrepreneurship.</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Narayan Prasad Regmi, </span></strong><span style="font-family:"Arial","sans-serif"">Joint Secretary, Ministry of Industry, Commerce and Supplies </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Since women entrepreneurs were at the forefront of bearing the brunt of Covid-19, the government took three initiatives at the policy level. First, we brought refinancing and subsidized loan facilities for women entrepreneurs hit by the pandemic. We also introduced targeted programmes for women entrepreneurs to help them in finding and accessing markets and export their products by helping them register trademarks and patents. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">We also designed growth modality programmes for women enterprises. We took the Micro-Enterprise Development Programme (MEDEP) to all 753 local units toward helping women-led micro enterprises. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Women entrepreneurs need support in every step of their overall entrepreneurship or business cycle. For that, the government is ready to provide such support. The priority should be on boosting mass production in the country. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">We are focused on promoting women entrepreneurs also in rural areas. The government has been providing a waiver on revenue for women entrepreneurs or registration of properties. But, that has not helped in increasing women’s role in decision making. We have taken the registration process of business to online system. There is a one-door system for registration of businesses. So, women do not need to visit the Department of Industry to register their businesses. Now, local-level governments register enterprises of certain capital. </span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Pranu Singh, </span></strong><span style="font-family:"Arial","sans-serif"">Head of Corporate affairs, Brand and Marketing, Standard Chartered Bank Nepal Limited</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">There are separate policies and regulations for women entrepreneurs. Especially, the new financial literacy framework introduced recently is really impressive and we have already started working on it. But since there are many gaps in implementing the policies and regulations, making women entrepreneurs aware will of course fill up those gaps, but it is going to take some time. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digitization has definitely occurred but there are challenges everywhere. The beginning of everything starts from a family or community. When a woman expresses her interest towards entrepreneurship, the way her household treats is what matters. But there is the issue of mindset. For years the mindset has been shaped by the stereotype that men should go out to work and women should make a home. Not only in the rural areas, there are such gender biases in urban areas as well. It is a long process to change this mindset, but it is possible. It is necessary to start at the basic level and move step by step towards spreading awareness to the family on how to remove such biases. Women entrepreneurship is basically financial independence and hence awareness should be raised from the family level and organization level itself.</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Dr Neelam Dhungana, </span></strong></span></span><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Deputy Governor, Nepal Rastra Bank</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The entire economy was impacted due to the covid-19 pandemic. In the meantime, Nepal Rastra Bank brought different policies to encourage women entrepreneurs. Meanwhile, the central bank did a survey to study the impact of the pandemic in which it was found that only four percent of businesses were fully operating and 80 percent were partially closed. After the impact of coronavirus declined, around 82 percent of businesses have revived and this rate is increasing. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The concessional loan scheme that the government and the central bank had brought to encourage women entrepreneurs, problems such as seeking collateral, target group not receiving the loan, men taking loans in the name of women were seen. Since the loan was not received by the target group, the objective was also not met. We have a high level coordination committee and we have concluded that the concessional loan procedure should be amended. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Lack of ownership in the property is still a major problem for women entrepreneurs. As per the data of ministry of land management, women with land ownership has increased to 43 percent from 20 percent. However, it is very difficult for a woman to take loan even if she has land. So, women cannot take decisions, and it is men who ultimately take the decision. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Besides, the troublesome and lengthy documentation process discourages women entrepreneurs. They also do not know how to write an effective business proposal, which is also a problem. In some cases, men have been misusing the loan in the name of women. The upcoming concessional loan procedure will address all these problems and work accordingly. </span></span><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Women entrepreneurship is about financial independence.</span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14892', 'image' => '20220422063211_IMG-20220422-WA0000.jpg', 'article_date' => '2022-04-22 18:40:19', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15149', 'article_category_id' => '273', 'title' => 'Standard Chartered NewBiz Business Women Summit and Awards 2022 Kicks Off', 'sub_title' => '', 'summary' => 'April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on Thursday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on Thursday. The organizer New Business Age Pvt Ltd informed that 15 women entrepreneurs will be honored in 8 categories during the event.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Speaking at the inauguration of the awards ceremony, Sabita Subedi on behalf of the organisers, said that the awards ceremony would inspire others involved in women’s entrepreneurship. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">“Women empowerment has been making rounds since a long time and it has achieved some success. However much more needs to be done. Let’s work hand in hands for entrepreneurship,” said NBA Director Subedi.</span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">New Business Age had organized various events across the country to promote women entrepreneurship in the run-up to the finale. The awards programme started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This year, the best seven women entrepreneurs from each province will also be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14891', 'image' => '20220422072813_New Business Age Summit and Awards.JPG', 'article_date' => '2022-04-22 16:46:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15145', 'article_category_id' => '273', 'title' => 'Standard Chartered NewBiz Business Women Summit and Awards 2022 Today', 'sub_title' => '', 'summary' => 'April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital. The organizer New Business Age Pvt. Ltd. informed that the best 15 women in 8 categories will be honored during the event.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">New Business Age had organized various events across the country to promote women entrepreneurship in the run-up to the finale. The awards programme started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. </span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This year, the best seven women entrepreneurs from each province will also be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14887', 'image' => '20220422112228_20220421010649_1650496679.3.jpg', 'article_date' => '2022-04-22 11:21:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15140', 'article_category_id' => '273', 'title' => 'Final Event of ‘Standard Chartered NewBiz Business Women Summit and Awards 2022’ on Friday', 'sub_title' => '', 'summary' => 'April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday. The programme this year started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. The final program of this year will be held in Kathmandu on Friday (April 22). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The organizer New Business Age Pvt. Ltd. informed that the best 15 women in 8 categories will be honored in the final programme. Likewise, the best seven women entrepreneurs from each province will be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">During the run-up to the event, a panel discussion was held with various experts regarding new opportunities for entrepreneurs after Covid-19. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-21', 'modified' => '2022-04-21', 'keywords' => '', 'description' => '', 'sortorder' => '14882', 'image' => '20220421010649_1650496679.3.jpg', 'article_date' => '2022-04-21 13:05:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15135', 'article_category_id' => '273', 'title' => 'Financial Literacy is the Basis of Women Entrepreneurship ', 'sub_title' => '', 'summary' => 'April 20: Financial literacy is the need of the hour for women entrepreneurs.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">April 20: Financial literacy is the need of the hour for women entrepreneurs. Stakeholders say that the state and private sector should take necessary steps to this end. Participants of an interaction programme under the ‘Standard Chartered NewBiz Business Women Summit and Awards 2022’ organized in Biratnagar on Tuesday said that doing so will strengthen women entrepreneurs’ contribution to the country’s economy in the future. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking at the interaction coordinated by Chamber of Industries Morang (CIM), Pratibha Rijal Oli, executive committee member of CIM and coordinator of Women Entrepreneurship Committee, said that women, a part of economic development of the country, have always lagged behind. Stating that financial literacy is indispensable for women entrepreneurs, she said that women will benefit from financial literacy conducted at the grassroots level. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“The contribution of women in the economic development of the country is not less and if entrepreneurial literacy is provided to women their contribution in the economy will be even more,” she said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">She informed that a majority of women are engaged in business only for livelihood and even though they wanted to expand it, they are unaware about the market and process of taking loan from the bank. </span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Furthermore, she stated that if the training and interaction programme is organized by New Business Age (NBA) regularly, it would be very fruitful for such business women. She says that it is necessary to make women entrepreneurs able to take loans, keep an account of their business and do marketing. She suggested that NBA should hold two such events a year. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Chairman of the CIM Suyash Raj Pyakurel appreciated NBA for organizing the programme for the development of women entrepreneurship outside the capital. He said that literacy is first and foremost necessary for the development of women entrepreneurship. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Madan Lamsal, chairman and editor-in-chief of NBA, said that the programme has been conducted in different provinces and the selected women entrepreneurs will be honored and prizes will be distributed in the capital. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He informed that they have been working for entrepreneurship since 2013. Stating that economic development of the country is possible only if women are into entrepreneurship, Lamsal said that NBA has been organizing training and interaction for women entrepreneurs annually. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">President of the Federation of Women Entrepreneurs Association of Nepal (FWEAN) Niru Rayamajhi Khatri provided training to the participants on leadership and leadership qualities. She also informed the participants about the pre-requisites to move their business forward. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Sita Rai of Luma Home-made Dhaka Industry, who participated in the programme, said that it is much easier for a startup now compared to the difficulties she had while starting her business. She said that organizations like NBA need to train startups to run successful businesses. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Sharmila Humagain, branch manager of Standard Chartered Bank, Biratnagar, said that in some cases, women entrepreneurs lack documents required for taking loans. She informed that banks have been providing a concessional loan for women entrepreneurs in case they are able to submit all the documents required for obtaining such loans. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Managers of Agricultural Development Bank and Muktinath Bikas Bank said that they will provide loans if all the documents are provided. In addition, they said that the banks should provide loans for the development of women entrepreneurship but there would be a problem when others try to take loans in the name of women. </span></span></span></p> ', 'published' => true, 'created' => '2022-04-20', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14877', 'image' => '20220420014616_1650414801.jpg', 'article_date' => '2022-04-20 13:45:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15122', 'article_category_id' => '273', 'title' => 'Innovation and Financial Literacy are the Base of Women Entrepreneurship ', 'sub_title' => '', 'summary' => 'April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the economy.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the economy. The award function is to be held in Kathmandu on Friday, April 22. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Speaking on the occasion, Chief Customs Officer of Birgunj Customs Harihar Poudel said that financial literacy and innovation should be emphasised for the promotion of women entrepreneurship. Stating that the finished product of one enterprise can be the raw material of another, Poudel said that innovation would widen the scope of entrepreneurship. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Poudel stressed on the need for effective policy and its implementation to involve more women in the enterprise and to uplift those who are already active in the enterprise. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"Skill development training is not enough for women. We have to see whether the learned skills are used or not," he said. Madan Lamsal, president and editor-in-chief of New Business Age Pvt Ltd, said the country would not prosper unless women are empowered. </span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He stated that the award and recognition programme is being organised to encourage women towards entrepreneurship. “The private sector should lead the economic development,” said Lamsal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Reema Shah, chief of the Cottage and Small Industries Office, Parsa, said that women in rural areas have not been able to move towards entrepreneurship. She urged the inclusion of women from rural areas in the women entrepreneurship promotion programme. She also said that there is low participation of women from rural areas in skill-based training. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Rajan Dev Bhattarai, director of Nepal Rastra Bank Regional Office, Birgunj, claimed that women entrepreneurs still lack financial literacy. Director Bhattarai said that despite the government budget being spent in the name of making women self-employed and to involve them in entrepreneurship, the expected outcome has not been observed. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Stating that women entrepreneurs have complained of not being able to get concessional loans easily, Bhattarai said that the loan without any collateral should be disbursed to them through projects. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">President of Birgunj Chamber of Commerce and Industry Dr Subodh Kumar Gupta claimed that only 10 percent women were entrepreneurs and argued that men were also to blame for the failure of women. He said that men should help in promoting women entrepreneurship. He claimed that women are more honest than men in any profession and business. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Participants of the interactive training held in the run-up to the award program, sponsored by Standard Chartered Bank and co-sponsored Muktinath Development Bank, complained that the results of entrepreneurship is not seen due to the problems such as lack of marketing, access to technology and credit. </span></span></p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14864', 'image' => '20220418125406_1650236386.4.jpg', 'article_date' => '2022-04-18 12:51:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15090', 'article_category_id' => '273', 'title' => 'Two Women Share their Entrepreneurial Journey ', 'sub_title' => '', 'summary' => 'April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and Awards. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and Awards. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Basumaya Tamang and Sewa Pathak narrated their stories of enterprise journey in a program called 'Niyatra-Shi Odyssey' organized at the Center for Leadership and Entrepreneurship in Lalitpur on Monday. Tamang is the director of Nepali Mann Udyog while Pathak is the Chief Executive Officer (CEO) of Vianet Communications Pvt Ltd. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Tamang, who is successful in producing timur pickles in Nepal and exporting them to different countries in the world, shared her experiences of achieving success in this business. She shared her stories from carrying sand from the river bank to making candles. Prior to making pickles, she said she was involved in roadside vendor business selling products with the help of a cart. Currently, she employs 90 women. Tamang, who has already expanded her branch in the UK, said that she is preparing to open a branch in Dubai soon. </span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“I am able to reach this stage today by struggling without giving up under any circumstances,” she said at the storytelling event. She also suggested women wanting to enter into entrepreneurship to do something different than what others are doing. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking on the occasion, Pathak, CEO of Vianet, shared her experience of working as a finance manager at Shikhar Insurance in her early days after becoming a Chartered Accountant. After some time, she started working for her husband’s company Vianet. After the introduction of ‘Fiber-to-the-home’ technology, she says that she worked full time in the company for its implementation. With time, she started working as the CEO of the company. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">She shared that when she came up with a business plan for loan with various banks, they used to ask questions only to her husband. She adds, “People are still hesitant to trust women.” She says that we can be successful in business if only we can overcome such a mentality. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Everybody has a problem in maintaining work-life balance at the same time. Pathak believes that in this case, success can be achieved by allocating time on priority basis. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Academic Director of the Center for Leadership and Entrepreneurship Bijay Anand Sharma Timilsina delivered the welcome address. Madan Lamsal, president and editor-in-chief of New Business Age, highlighted about the program on the occasion. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The event was attended by various professionals and women entrepreneurs. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards that is going to be held in Kathmandu on April 26. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">New Business Age has been conducting various awards programmes to help in the promotion of industry, business and entrepreneurship. A similar program to honor women entrepreneurs was held on January 31 last year. </span></span></span></p> ', 'published' => true, 'created' => '2022-04-12', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14832', 'image' => '20220412022419_1649713887.Clipboard05.jpg', 'article_date' => '2022-04-12 14:23:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15082', 'article_category_id' => '273', 'title' => 'Preparations for ‘NewBiz Business Women Summit and Awards 2022’ in Final Phase ', 'sub_title' => '', 'summary' => 'April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final stage.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final stage.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organizer – New Business Age Pvt Ltd, the summit and awards ceremony will be held in the capital on April 22.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The event is being organised with the objective of encouraging successful women entrepreneurs. The process of selecting the best women entrepreneurs from each province has been completed. Those selected will be given a certificate along with cash prize. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">An independent jury formed for the selection has already selected the women entrepreneurs to be awarded in various categories. Data of more than 2,000 women entrepreneurs from across the country have been collected for the selection process. The organiser informed that the award and honors will be provided in seven different categories. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">In the run-up to the mega event, a group discussion among experts has already been held on the topic of ‘Opportunities for Women Entrepreneurs after the Pandemic’. The organizer informed that the video of the discussion will be made public on the awards ceremony and further discussions will be held focusing on the issues raised during the discussion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Under this event, there will be three interactive training programs in mid-April on business related topics for existing and aspiring women entrepreneurs across the country through hybrid medium. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the title sponsor of the awards ceremony and Muktinath Bikas Bank is the co-sponsor. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Fiber Net is the internet partner. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">New Business Age has been conducting various awards programs to help in the promotion of industry, business and entrepreneurship. A similar program to honor women entrepreneurs was held on January 31 last year. Last November, the startup entrepreneurs were also honored in the same way. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-04-11', 'modified' => '2022-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '14824', 'image' => '20220411015407_1649625777.Clipboard08.jpg', 'article_date' => '2022-04-11 13:53:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16511', 'article_category_id' => '273', 'title' => 'NewBiz Business Conclave & Awards: Shivam Cements Declared Best Managed Company', 'sub_title' => 'Awards distributed in 8 categories; Standard Chartered Bank Nepal named as “Best Managed Commercial Bank 2022”', 'summary' => 'December 12: Shivam Cements has been adjudged as the best managed company of 2022.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">December 12: Shivam Cements has been adjudged as the best managed company of 2022.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The publicly listed cement manufacturing company was honored with the title of the “Best Managed Company 2022” on Monday amid a grand ceremony during the 7</span></span><sup><span style="font-size:6.5pt"><span style="font-family:"Arial","sans-serif"">th</span></span></sup><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> Newbiz Business Conclave & Awards” organised by New Business Age Pvt Ltd.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The event, which features Asian Paints as the main sponsor, also felicitated seven companies as the best managed companies in their respective categories in addition to a lifetime achievement award to a business leader.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Standard Chartered Bank Nepal Ltd (SCBNL) received the award of the “Best Managed Commercial Bank 2022”. Standard Chartered Bank Nepal is the only international bank currently operating in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Towards development bank category, it was Shine Resunga Development Bank to bag the “Best</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Development Bank 2022” award.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">ICFC Finance Ltd won the award of the “Best Managed Finance Company”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, National Life Insurance Company Ltd received the honor of the “Best Managed Life Insurance Company” while Shikhar Insurance Company Ltd was named the “Best Managed Non-Life Insurance Company 2022”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">It was Chhimek Laghubitta Bittiya Sanstha Ltd which clinched the title of the “Best Managed Microfinance Company 2022”. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">According to the organizer, the companies and individuals honored during the event were selected by a jury after going through detailed research on each of the short-listed organizations and business leaders.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Each category had an independent jury which short-listed possible companies and individuals, and discussed various aspects among themselves and with outside experts and regulators before making the final selection, said the organizer.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">During the ceremony, New Business Age Ltd, the publisher of the monthly English magazine New Business Age and Aarthik Abhiyan National Daily, felicitated Himalaya Shumsher Rana with the “Lifetime Achievement in Business Award 2022”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The jury said that he was honored with the award for his outstanding contribution to the field of business and entrepreneurship in Nepal through his pioneering, innovating and visional roles in various fields including central banking, private sector commercial banking, insurance and manufacturing.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">New Business Age has been organizing Business Conclave & Awards annually since 2013 with an aim to hold discourse on crucial business and economic issues and honour business excellence by recognising quality works done by people and organizations.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">“They are being honoured for being our role models. We don't call them winners. Because they may be many more who deserve to be honoured. But we could not reach out to all of them because of our limited resources,” said Madan Lamsal, Chairman and Editor-in-chief of New Business Age group. “We hope they will do more in the future. We look forward to their higher achievements and investments in social good and corporate social responsibility in the years to come.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Prior to the award ceremony, a panel discussion on “Emerging Through the Crises” was organized where panelists comprising leaders from private sector, government and think tanks discussed resilience of Nepal’s business and economy to various crises including a decade long Maoists insurgency, earthquakes and trade blockades in 2015 and the recent Covid-19 pandemic.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">SAWTEE’s Chair Dr Posh Raj Pandey, FNCCI Vice President Chandra Dhakal, Nepal Rastra Bank’s Deputy Governor Dr Neelam Dhungana Timsina and Industry, Commerce and Supplies Secretary Dr Toya Gyawali were the panelists in the discussion moderated by Dr Kalpana Khanal, Senior Research Fellow at Policy Research Institute.</span></span></span></span></p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong><u>LIST OF AWARD RECIPIENTS </u></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Company</strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Shivam Cement Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Commercial Bank </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Rastriya Banijya Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Siddhartha bank Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Standard Charter Bank Nepal Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Development Bank </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Lumbini Bikas Bank & Kamana Sewa Bikas Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Muktinath Bikas Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Shine Resunga Development Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Finance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Goodwill FinanceCompany</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Guheswori Merchant Banking and Finance</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: ICFC Finance Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Microfinance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Deprosc Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Forward Community Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Chhimek Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Life Insurance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd: </sup>Life Insurance Corporation(Nepal) Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Nepal Life Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: National Life Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Non-Life Insurance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Neco Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Sagarmatha Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Sikhar Insurance Company</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-12-12', 'modified' => '2022-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '16253', 'image' => '20221212080924_IMG-20221212-WA0026.jpg', 'article_date' => '2022-12-12 19:53:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16506', 'article_category_id' => '273', 'title' => 'Seventh ‘NewBiz Business Conclave and Awards 2022’ Kicks Off ', 'sub_title' => 'Seven companies and one individual to be awarded', 'summary' => 'The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu at 3:30 pm today (December12). ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">December 12: The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu on Monday. The programme is being organized by New Business Age Pvt Ltd as an initiative to recognize and honour the best-performing companies.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Minister of Finance Janardan Sharma is scheduled to inaugurate the awards ceremony in a while. The Business Conclave and Awards is being attended by some 500 high-level professionals from the public and private sectors, including politicians, government officials, academicians, business leaders from banking, travel and tourism and other walks of life.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As the entire global economy is going through an economic slowdown and Nepal is not an exception, this year’s conclave is focused on the theme “Emerging through the Crisis” so as to learn experiences and ways to overcome the grim situation, according to organizer. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">During the conclave, a panel discussion featuring Dr Posh Raj Pandey, chairman of SWATEE, Chandra Dhakal, senior vice president of FNCCI, Dr Neelam Dhungana Timsina, deputy governor of Nepal Rastra Bank and Toya Gyawali, secretary at the Ministry of Industry, Commerce and Supplies will discuss about the current crisis, its causes and way to emerge out of the crisis. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The session will be moderated by Dr Kalpana Khanal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the organizer, awards will be given away in eight different categories. Out of them, seven will be under institutional categories, while one individual will be felicitated with lifetime achievement award in business leadership in recognition of his/her contribution to the business sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Seven institutional awards include best managed company of the year, best managed commercial bank, best managed development bank, best managed finance company, best managed micro finance company and best managed non-life insurance company and best managed life insurance company. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Independent jury members consisting experts from various sectors have already selected excellent institutions and person to be awarded after a series of evaluation.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Dr Nagesh Kumar, Director of the India’s Institute for Studies in Industrial Development, is the keynote speaker of the event. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">This annual event is being organized by New Business Age since 2013. The event was not held in 2015, 2020 and 2022 due to the Gorkha earthquake and Covid-19 pandemic.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Asian Paints is the main sponsor of the programme while Gods of Furniture, Metlife Insurance, Rastriya Banijya Bank, Nexus Evi, NLG Insurance, Dish Home, Fiber Net, Nepali Patro, President Travels and Tours, have sponsored the event. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-12', 'modified' => '2022-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '16247', 'image' => '20221212043902_IMG-20221212-WA0004.jpg', 'article_date' => '2022-12-12 15:16:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16502', 'article_category_id' => '273', 'title' => 'Seventh Edition of NewBiz Business Conclave and Awards to Be Held On Monday ', 'sub_title' => '', 'summary' => 'Seventh Edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off at Radisson Hotel, Kathmandu, at 3:30 pm, according to New Business Private Limited. ', 'content' => '<p><span style="font-size:18px"> <br /> December 11: The seventh edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off in Kathmandu at 3:30 pm, according to New Business Age Private Limited. <br /> As per the organizer, awards will be given away in eight different categories. Out of them, seven will be under institutional categories, while one individual will be felicitated with lifetime achievement award in business leadership in recognition of his/her contribution to the business sector.</span></p> <p><span style="font-size:18px">Seven institutional awards include best managed company of the year, best managed commercial bank, best managed development bank, best managed finance company, best managed micro finance company and best managed non-life insurance company and best managed life insurance company. </span><br /> </p> <p><span style="font-size:18px">Independent jury members consisting experts from various sectors have already selected excellent institutions and person to be awarded after a series of evaluation.</span><br /> </p> <p><span style="font-size:18px">Finance Minister Janardan Sharma will be the Chief Guest at the programme while Dr. Nagesh Kumar, Director of the India’s Institute for Studies in Industrial Development will be the keynote speaker. </span><br /> </p> <p><span style="font-size:18px">The programme will have a panel discussion ‘on emerging through crises'. <br /> Asian Paints is the major sponsor of the programme while Gods of Furniture, Metlife Insurance, Rastriya Banijya Bank, Nexus Evi, NLG Insurance, Dish Home, Fiber Net, Nepali Patro, President Travels and Tours, have sponsored the event. <br /> The programme will be live on Aarthik Abhiyan’s Facebook page, and New Business Age’s Youtube channel, according to the organiser. </span></p> ', 'published' => true, 'created' => '2022-12-11', 'modified' => '2022-12-11', 'keywords' => '', 'description' => '', 'sortorder' => '16243', 'image' => '20221211064357_collage (6).jpg', 'article_date' => '2022-12-11 18:34:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '15152', 'article_category_id' => '273', 'title' => 'Jawalakhel Group’s Maggie Shah Honored with Lifetime Achievement Award', 'sub_title' => '14 Women Entrepreneurs felicitated in NewBiz Business Women Summit and Awards 2022', 'summary' => 'April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over four decades.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">four decades.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Shah was felicitated with the lifetime achievement award during the event organized by </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily. Standard Chartered Bank Nepal’s CEO Anirvan Ghosh Dastidar, National Planning Commission’s Vice Chairman Biswo Nath Poudel and New Business Age’s Chairman Madan Lamsal jointly handed over the award to Shah. </span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Shah, promoter of JGI, has played a major role in taking the company to greater heights. She is also working for women empowerment through organisations such as Tewa, Federation of Women Entrepreneurs Association of Nepal (FWEAN) and SAARC Women Entrepreneur’s Council Nepal, among others.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, 13</span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif""> women entrepreneurs from various categories were also honored at the special ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Usha Giri, Chairperson of Rikishi Compost Pvt, was felicitated with the ‘Women Entrepreneur of the Year 2022’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Seven women entrepreneurs from each province were awarded during the ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">An independent panel of jury made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Jyoti Sherchan, the first female architect of Nepal, was honoured with the ‘Professional Women of the Year 2022’ award, while Indira Yakthumba, principal of Gyanodaya School, received the ‘Inspirational Woman Entrepreneur of the Year 2022’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, Prakriti Mainali, founder of Shakti Milan Nepal was honoured with the ‘Social Woman Entrepreneur of the Year’ award. Sunaina Thakur, founder of Sunaina Mithila Art was felicitated with the ‘Indigenous Woman Entrepreneur of the Year’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, Dr Prativa Pandey, founder of Herveda Botanicals was felicitated with the ‘Emerging Woman Entrepreneur of the Year’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The women entrepreneurs were awarded with cash prize, trophy and certificates.</span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=15YuzQMZTJgVm9DJ5AltqvdFDKz5kbc5J" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, seven enterprising women entrepreneurs from each province were honored with Rs 50,000 each and certificates.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Sita Rai, owner of Luma Gharelu Allo Udhyog and Training Center, Biratchowk (Province 1); Yashodha Gajurel, proprietor of Yashoda Bag and Readymade Udhyog, Birgunj (Madhesh Province); Basu Maya Tamang, proprietor of Nepali Mann Udhyog, Kathmandu (Bagmati Province); and Samikshya Sharma, proprietor of Parbat Krishi Uddham Kendra, Kusma, Parbat (Gandaki Province) bagged the ‘Enterprising Woman of the Year 2022’ awards.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Other entrepreneurs honoured with the ‘Enterprising Woman of the Year 2022’ awards were Neeru Chaudhary, owner of Panchashil Hastakala Kendra, Banke (Lumbini Province); Krishna Kumari Banshi, member of Laganshil Kosheli Textile Udhyog, Birendranagar, Surkhet (Karnali Province); and Dhana Devi Chokhal, owner of Keshav Madhav Krishi Farm Private Limited, Kailali (Sudurpaschim Province). </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">FWEAN President Neeru Rayamajhi Khatri was the chair of the jury committee. Barsha Shrestha, Anju Sharma, Kishore Maharjan and Sahara Joshi were the members of the jury.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organizers, the jury committee had selected the award winners based on criteria like compliance with regulations, quality of organizational management, quality of business operations, financial indicators, social impact, innovation or novelty in business or product, employment generation, contribution to export or import substitution, calibre and struggle, number of enterprise the entrepreneur is operating, and jury judgment.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Addressing the ceremony, National Planning Commission Vice Chairman Biswo Nath Poudel, who was also the chief guest of the ceremony, said that families in Nepal opt to buy motorcycles instead of washing machines.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Washing machines and dish-washers are helpful for household chores for women but that does not fall on priority,” said Poudel, adding, “The challenge is to become inclusive. For example, our target is to provide electricity to every household. There are still 300,000 households who are deprived of electricity and those are mostly marginalized community. Supplying electricity to them is inclusion in true sense.”</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Also speaking at the ceremony, FNCCI President Shekhar Golchha said thanked New Business Age for inviting him to the event and praised the constitution of Nepal for its inclusiveness. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif""> An in-depth group discussion on ‘Post-pandemic Opportunities for Women Entrepreneurs’ was also held during the event where the panelists highlighted how women entrepreneurs overcame the challenges posed by Covid-19.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organisers, three special interactive training programs in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar in the lead-up to the summit and award ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">This is the second edition of ‘Standard Chartered NewBiz Business Women Summit and Award 2022’.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the title sponsor of the awards ceremony and Muktinath Bikas Bank is the co-sponsor. Star Hospital is the medical partner for the event. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Fiber Net is the internet partner. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Storm, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '14894', 'image' => '20220423065345_IMG-20220423-WA0000.jpg', 'article_date' => '2022-04-22 19:35:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15151', 'article_category_id' => '273', 'title' => 'Standard Chartered’s Hsu highlights women’s role in driving commerce and prosperity in Nepal', 'sub_title' => '', 'summary' => 'Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in Nepal. ', 'content' => '<p>April 22: Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in Nepal. </p> <p>In a video address to the NewBiz Business Women Summit and Awards 2022 organized by New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, she shared initiatives of Standard Chartered in Nepal to support women entrepreneurship as part of its efforts to make a positive and lasting impact in the markets where it operate. </p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p>According to Hsu, Standard Chartered Bank Nepal Ltd is offering subsidized women entrepreneurship loans, which have seen a robust growth in the number of accounts opened over the last two years. She said that to promote employability for young women, Standard Chartered is embarking on a project with Plan International to equip young women with necessary skills and knowledge to be employed or self-employed. </p> <p>“To equip young girls with confidence and skills to be economic leaders in their families and communities, we have been running our flagship ‘Sports to Development’ programme in Nepal since 2020. We aim to engage 1,000 young girls in financial education and life-skill training,” she said. She said that Standard Chartered is also committed to promote gender equality at work and support women to take senior roles. “In fact, 40 percent of the board of directors of Standard Chartered Bank Nepal Ltd are female and the board is chaired by Zarin Daruwala, who is our cluster CEO of Standard Chartered’s India and South Asia markets,” she said.</p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14893', 'image' => '20220422064332_Standard Chartered_.jpg', 'article_date' => '2022-04-22 18:00:11', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 5 => array( 'Article' => array( 'id' => '15150', 'article_category_id' => '273', 'title' => 'Panelists Call for Support to Women Entrepreneurs Hit by Covid-19', 'sub_title' => '', 'summary' => 'April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by Covid-19.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by Covid-19. In a panel discussion organized as part of the NewBiz Business Women Summit and Awards 2022 by New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, panelists also highlighted the post-pandemic opportunities available for women entrepreneurs. Excerpts:</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Mahalaxmi Shrestha, </span></strong><span style="font-family:"Arial","sans-serif"">General Secretary, FWEAN</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The pandemic was a major setback to most of the businesses. Many businesses were on the verge of closure. However, some entrepreneurs took this challenge as an opportunity. Digitalization played a vital role in it. Digital platform was the medium through which goods produced were sold in the market. Digital marketing flourished during the period.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digital marketing requires good photos of the product and the product’s packaging must also look good.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The government had announced concessional loan amid the pandemic. However, there was information gap as many women were unaware of such concessional loan. There women were unaware how to access those concessional package.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Another issue is the collateral free credit for women entrepreneurs. Many women affiliated to our association complain that banks seek collateral with them against the government policy. Therefore, this programme needs to be re-evaluated.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span> <img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Pradhyuman Pokharel, </span></strong><span style="font-family:"Arial","sans-serif"">CEO, Muktinath Bikas Bank</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">When we talk about women entrepreneurship, we need to consider three things, access to finance, access to knowledge and access to the market. It is not enough to just give loans and invest. It is necessary to give knowledge to women on how to do business, problems associated with their field of engagement, source to get raw materials, dangers surrounding the manufacture of products, how to sell the finished products, and if the business can be done with cash or credit as well. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">After all this, it is also mandatory to educate them about marketing of the products. Although the Covid-19 pandemic reduced the growth of credit extension this year, digitization came forth as its positive impact. In addition the creativity got sparked during the lockdown period and now people are able to think in a wide domain. As a result, we witnessed the widespread food delivery business with women's involvement.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digitization is difficult in the rural areas of Nepal as women in rural areas are not well aware of technical issues. Women in rural areas are not as aware as the women in urban areas. In addition, awareness is extremely crucial because women are unable to speak independently. With the facilitation of policies, and proper awareness, the ecosystem will be more favorable for women entrepreneurship.</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Narayan Prasad Regmi, </span></strong><span style="font-family:"Arial","sans-serif"">Joint Secretary, Ministry of Industry, Commerce and Supplies </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Since women entrepreneurs were at the forefront of bearing the brunt of Covid-19, the government took three initiatives at the policy level. First, we brought refinancing and subsidized loan facilities for women entrepreneurs hit by the pandemic. We also introduced targeted programmes for women entrepreneurs to help them in finding and accessing markets and export their products by helping them register trademarks and patents. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">We also designed growth modality programmes for women enterprises. We took the Micro-Enterprise Development Programme (MEDEP) to all 753 local units toward helping women-led micro enterprises. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Women entrepreneurs need support in every step of their overall entrepreneurship or business cycle. For that, the government is ready to provide such support. The priority should be on boosting mass production in the country. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">We are focused on promoting women entrepreneurs also in rural areas. The government has been providing a waiver on revenue for women entrepreneurs or registration of properties. But, that has not helped in increasing women’s role in decision making. We have taken the registration process of business to online system. There is a one-door system for registration of businesses. So, women do not need to visit the Department of Industry to register their businesses. Now, local-level governments register enterprises of certain capital. </span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Pranu Singh, </span></strong><span style="font-family:"Arial","sans-serif"">Head of Corporate affairs, Brand and Marketing, Standard Chartered Bank Nepal Limited</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">There are separate policies and regulations for women entrepreneurs. Especially, the new financial literacy framework introduced recently is really impressive and we have already started working on it. But since there are many gaps in implementing the policies and regulations, making women entrepreneurs aware will of course fill up those gaps, but it is going to take some time. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digitization has definitely occurred but there are challenges everywhere. The beginning of everything starts from a family or community. When a woman expresses her interest towards entrepreneurship, the way her household treats is what matters. But there is the issue of mindset. For years the mindset has been shaped by the stereotype that men should go out to work and women should make a home. Not only in the rural areas, there are such gender biases in urban areas as well. It is a long process to change this mindset, but it is possible. It is necessary to start at the basic level and move step by step towards spreading awareness to the family on how to remove such biases. Women entrepreneurship is basically financial independence and hence awareness should be raised from the family level and organization level itself.</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Dr Neelam Dhungana, </span></strong></span></span><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Deputy Governor, Nepal Rastra Bank</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The entire economy was impacted due to the covid-19 pandemic. In the meantime, Nepal Rastra Bank brought different policies to encourage women entrepreneurs. Meanwhile, the central bank did a survey to study the impact of the pandemic in which it was found that only four percent of businesses were fully operating and 80 percent were partially closed. After the impact of coronavirus declined, around 82 percent of businesses have revived and this rate is increasing. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The concessional loan scheme that the government and the central bank had brought to encourage women entrepreneurs, problems such as seeking collateral, target group not receiving the loan, men taking loans in the name of women were seen. Since the loan was not received by the target group, the objective was also not met. We have a high level coordination committee and we have concluded that the concessional loan procedure should be amended. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Lack of ownership in the property is still a major problem for women entrepreneurs. As per the data of ministry of land management, women with land ownership has increased to 43 percent from 20 percent. However, it is very difficult for a woman to take loan even if she has land. So, women cannot take decisions, and it is men who ultimately take the decision. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Besides, the troublesome and lengthy documentation process discourages women entrepreneurs. They also do not know how to write an effective business proposal, which is also a problem. In some cases, men have been misusing the loan in the name of women. The upcoming concessional loan procedure will address all these problems and work accordingly. </span></span><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Women entrepreneurship is about financial independence.</span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14892', 'image' => '20220422063211_IMG-20220422-WA0000.jpg', 'article_date' => '2022-04-22 18:40:19', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15149', 'article_category_id' => '273', 'title' => 'Standard Chartered NewBiz Business Women Summit and Awards 2022 Kicks Off', 'sub_title' => '', 'summary' => 'April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on Thursday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on Thursday. The organizer New Business Age Pvt Ltd informed that 15 women entrepreneurs will be honored in 8 categories during the event.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Speaking at the inauguration of the awards ceremony, Sabita Subedi on behalf of the organisers, said that the awards ceremony would inspire others involved in women’s entrepreneurship. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">“Women empowerment has been making rounds since a long time and it has achieved some success. However much more needs to be done. Let’s work hand in hands for entrepreneurship,” said NBA Director Subedi.</span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">New Business Age had organized various events across the country to promote women entrepreneurship in the run-up to the finale. The awards programme started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This year, the best seven women entrepreneurs from each province will also be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14891', 'image' => '20220422072813_New Business Age Summit and Awards.JPG', 'article_date' => '2022-04-22 16:46:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15145', 'article_category_id' => '273', 'title' => 'Standard Chartered NewBiz Business Women Summit and Awards 2022 Today', 'sub_title' => '', 'summary' => 'April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital. The organizer New Business Age Pvt. Ltd. informed that the best 15 women in 8 categories will be honored during the event.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">New Business Age had organized various events across the country to promote women entrepreneurship in the run-up to the finale. The awards programme started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. </span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This year, the best seven women entrepreneurs from each province will also be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14887', 'image' => '20220422112228_20220421010649_1650496679.3.jpg', 'article_date' => '2022-04-22 11:21:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15140', 'article_category_id' => '273', 'title' => 'Final Event of ‘Standard Chartered NewBiz Business Women Summit and Awards 2022’ on Friday', 'sub_title' => '', 'summary' => 'April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday. The programme this year started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. The final program of this year will be held in Kathmandu on Friday (April 22). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The organizer New Business Age Pvt. Ltd. informed that the best 15 women in 8 categories will be honored in the final programme. Likewise, the best seven women entrepreneurs from each province will be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">During the run-up to the event, a panel discussion was held with various experts regarding new opportunities for entrepreneurs after Covid-19. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-21', 'modified' => '2022-04-21', 'keywords' => '', 'description' => '', 'sortorder' => '14882', 'image' => '20220421010649_1650496679.3.jpg', 'article_date' => '2022-04-21 13:05:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15135', 'article_category_id' => '273', 'title' => 'Financial Literacy is the Basis of Women Entrepreneurship ', 'sub_title' => '', 'summary' => 'April 20: Financial literacy is the need of the hour for women entrepreneurs.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">April 20: Financial literacy is the need of the hour for women entrepreneurs. Stakeholders say that the state and private sector should take necessary steps to this end. Participants of an interaction programme under the ‘Standard Chartered NewBiz Business Women Summit and Awards 2022’ organized in Biratnagar on Tuesday said that doing so will strengthen women entrepreneurs’ contribution to the country’s economy in the future. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking at the interaction coordinated by Chamber of Industries Morang (CIM), Pratibha Rijal Oli, executive committee member of CIM and coordinator of Women Entrepreneurship Committee, said that women, a part of economic development of the country, have always lagged behind. Stating that financial literacy is indispensable for women entrepreneurs, she said that women will benefit from financial literacy conducted at the grassroots level. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“The contribution of women in the economic development of the country is not less and if entrepreneurial literacy is provided to women their contribution in the economy will be even more,” she said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">She informed that a majority of women are engaged in business only for livelihood and even though they wanted to expand it, they are unaware about the market and process of taking loan from the bank. </span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Furthermore, she stated that if the training and interaction programme is organized by New Business Age (NBA) regularly, it would be very fruitful for such business women. She says that it is necessary to make women entrepreneurs able to take loans, keep an account of their business and do marketing. She suggested that NBA should hold two such events a year. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Chairman of the CIM Suyash Raj Pyakurel appreciated NBA for organizing the programme for the development of women entrepreneurship outside the capital. He said that literacy is first and foremost necessary for the development of women entrepreneurship. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Madan Lamsal, chairman and editor-in-chief of NBA, said that the programme has been conducted in different provinces and the selected women entrepreneurs will be honored and prizes will be distributed in the capital. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He informed that they have been working for entrepreneurship since 2013. Stating that economic development of the country is possible only if women are into entrepreneurship, Lamsal said that NBA has been organizing training and interaction for women entrepreneurs annually. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">President of the Federation of Women Entrepreneurs Association of Nepal (FWEAN) Niru Rayamajhi Khatri provided training to the participants on leadership and leadership qualities. She also informed the participants about the pre-requisites to move their business forward. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Sita Rai of Luma Home-made Dhaka Industry, who participated in the programme, said that it is much easier for a startup now compared to the difficulties she had while starting her business. She said that organizations like NBA need to train startups to run successful businesses. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Sharmila Humagain, branch manager of Standard Chartered Bank, Biratnagar, said that in some cases, women entrepreneurs lack documents required for taking loans. She informed that banks have been providing a concessional loan for women entrepreneurs in case they are able to submit all the documents required for obtaining such loans. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Managers of Agricultural Development Bank and Muktinath Bikas Bank said that they will provide loans if all the documents are provided. In addition, they said that the banks should provide loans for the development of women entrepreneurship but there would be a problem when others try to take loans in the name of women. </span></span></span></p> ', 'published' => true, 'created' => '2022-04-20', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14877', 'image' => '20220420014616_1650414801.jpg', 'article_date' => '2022-04-20 13:45:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15122', 'article_category_id' => '273', 'title' => 'Innovation and Financial Literacy are the Base of Women Entrepreneurship ', 'sub_title' => '', 'summary' => 'April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the economy.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the economy. The award function is to be held in Kathmandu on Friday, April 22. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Speaking on the occasion, Chief Customs Officer of Birgunj Customs Harihar Poudel said that financial literacy and innovation should be emphasised for the promotion of women entrepreneurship. Stating that the finished product of one enterprise can be the raw material of another, Poudel said that innovation would widen the scope of entrepreneurship. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Poudel stressed on the need for effective policy and its implementation to involve more women in the enterprise and to uplift those who are already active in the enterprise. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"Skill development training is not enough for women. We have to see whether the learned skills are used or not," he said. Madan Lamsal, president and editor-in-chief of New Business Age Pvt Ltd, said the country would not prosper unless women are empowered. </span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He stated that the award and recognition programme is being organised to encourage women towards entrepreneurship. “The private sector should lead the economic development,” said Lamsal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Reema Shah, chief of the Cottage and Small Industries Office, Parsa, said that women in rural areas have not been able to move towards entrepreneurship. She urged the inclusion of women from rural areas in the women entrepreneurship promotion programme. She also said that there is low participation of women from rural areas in skill-based training. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Rajan Dev Bhattarai, director of Nepal Rastra Bank Regional Office, Birgunj, claimed that women entrepreneurs still lack financial literacy. Director Bhattarai said that despite the government budget being spent in the name of making women self-employed and to involve them in entrepreneurship, the expected outcome has not been observed. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Stating that women entrepreneurs have complained of not being able to get concessional loans easily, Bhattarai said that the loan without any collateral should be disbursed to them through projects. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">President of Birgunj Chamber of Commerce and Industry Dr Subodh Kumar Gupta claimed that only 10 percent women were entrepreneurs and argued that men were also to blame for the failure of women. He said that men should help in promoting women entrepreneurship. He claimed that women are more honest than men in any profession and business. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Participants of the interactive training held in the run-up to the award program, sponsored by Standard Chartered Bank and co-sponsored Muktinath Development Bank, complained that the results of entrepreneurship is not seen due to the problems such as lack of marketing, access to technology and credit. </span></span></p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14864', 'image' => '20220418125406_1650236386.4.jpg', 'article_date' => '2022-04-18 12:51:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15090', 'article_category_id' => '273', 'title' => 'Two Women Share their Entrepreneurial Journey ', 'sub_title' => '', 'summary' => 'April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and Awards. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and Awards. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Basumaya Tamang and Sewa Pathak narrated their stories of enterprise journey in a program called 'Niyatra-Shi Odyssey' organized at the Center for Leadership and Entrepreneurship in Lalitpur on Monday. Tamang is the director of Nepali Mann Udyog while Pathak is the Chief Executive Officer (CEO) of Vianet Communications Pvt Ltd. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Tamang, who is successful in producing timur pickles in Nepal and exporting them to different countries in the world, shared her experiences of achieving success in this business. She shared her stories from carrying sand from the river bank to making candles. Prior to making pickles, she said she was involved in roadside vendor business selling products with the help of a cart. Currently, she employs 90 women. Tamang, who has already expanded her branch in the UK, said that she is preparing to open a branch in Dubai soon. </span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“I am able to reach this stage today by struggling without giving up under any circumstances,” she said at the storytelling event. She also suggested women wanting to enter into entrepreneurship to do something different than what others are doing. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking on the occasion, Pathak, CEO of Vianet, shared her experience of working as a finance manager at Shikhar Insurance in her early days after becoming a Chartered Accountant. After some time, she started working for her husband’s company Vianet. After the introduction of ‘Fiber-to-the-home’ technology, she says that she worked full time in the company for its implementation. With time, she started working as the CEO of the company. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">She shared that when she came up with a business plan for loan with various banks, they used to ask questions only to her husband. She adds, “People are still hesitant to trust women.” She says that we can be successful in business if only we can overcome such a mentality. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Everybody has a problem in maintaining work-life balance at the same time. Pathak believes that in this case, success can be achieved by allocating time on priority basis. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Academic Director of the Center for Leadership and Entrepreneurship Bijay Anand Sharma Timilsina delivered the welcome address. Madan Lamsal, president and editor-in-chief of New Business Age, highlighted about the program on the occasion. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The event was attended by various professionals and women entrepreneurs. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards that is going to be held in Kathmandu on April 26. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">New Business Age has been conducting various awards programmes to help in the promotion of industry, business and entrepreneurship. A similar program to honor women entrepreneurs was held on January 31 last year. </span></span></span></p> ', 'published' => true, 'created' => '2022-04-12', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14832', 'image' => '20220412022419_1649713887.Clipboard05.jpg', 'article_date' => '2022-04-12 14:23:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15082', 'article_category_id' => '273', 'title' => 'Preparations for ‘NewBiz Business Women Summit and Awards 2022’ in Final Phase ', 'sub_title' => '', 'summary' => 'April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final stage.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final stage.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organizer – New Business Age Pvt Ltd, the summit and awards ceremony will be held in the capital on April 22.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The event is being organised with the objective of encouraging successful women entrepreneurs. The process of selecting the best women entrepreneurs from each province has been completed. Those selected will be given a certificate along with cash prize. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">An independent jury formed for the selection has already selected the women entrepreneurs to be awarded in various categories. Data of more than 2,000 women entrepreneurs from across the country have been collected for the selection process. The organiser informed that the award and honors will be provided in seven different categories. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">In the run-up to the mega event, a group discussion among experts has already been held on the topic of ‘Opportunities for Women Entrepreneurs after the Pandemic’. The organizer informed that the video of the discussion will be made public on the awards ceremony and further discussions will be held focusing on the issues raised during the discussion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Under this event, there will be three interactive training programs in mid-April on business related topics for existing and aspiring women entrepreneurs across the country through hybrid medium. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the title sponsor of the awards ceremony and Muktinath Bikas Bank is the co-sponsor. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Fiber Net is the internet partner. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">New Business Age has been conducting various awards programs to help in the promotion of industry, business and entrepreneurship. A similar program to honor women entrepreneurs was held on January 31 last year. Last November, the startup entrepreneurs were also honored in the same way. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-04-11', 'modified' => '2022-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '14824', 'image' => '20220411015407_1649625777.Clipboard08.jpg', 'article_date' => '2022-04-11 13:53:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16511', 'article_category_id' => '273', 'title' => 'NewBiz Business Conclave & Awards: Shivam Cements Declared Best Managed Company', 'sub_title' => 'Awards distributed in 8 categories; Standard Chartered Bank Nepal named as “Best Managed Commercial Bank 2022”', 'summary' => 'December 12: Shivam Cements has been adjudged as the best managed company of 2022.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">December 12: Shivam Cements has been adjudged as the best managed company of 2022.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The publicly listed cement manufacturing company was honored with the title of the “Best Managed Company 2022” on Monday amid a grand ceremony during the 7</span></span><sup><span style="font-size:6.5pt"><span style="font-family:"Arial","sans-serif"">th</span></span></sup><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> Newbiz Business Conclave & Awards” organised by New Business Age Pvt Ltd.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The event, which features Asian Paints as the main sponsor, also felicitated seven companies as the best managed companies in their respective categories in addition to a lifetime achievement award to a business leader.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Standard Chartered Bank Nepal Ltd (SCBNL) received the award of the “Best Managed Commercial Bank 2022”. Standard Chartered Bank Nepal is the only international bank currently operating in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Towards development bank category, it was Shine Resunga Development Bank to bag the “Best</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Development Bank 2022” award.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">ICFC Finance Ltd won the award of the “Best Managed Finance Company”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Similarly, National Life Insurance Company Ltd received the honor of the “Best Managed Life Insurance Company” while Shikhar Insurance Company Ltd was named the “Best Managed Non-Life Insurance Company 2022”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">It was Chhimek Laghubitta Bittiya Sanstha Ltd which clinched the title of the “Best Managed Microfinance Company 2022”. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">According to the organizer, the companies and individuals honored during the event were selected by a jury after going through detailed research on each of the short-listed organizations and business leaders.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Each category had an independent jury which short-listed possible companies and individuals, and discussed various aspects among themselves and with outside experts and regulators before making the final selection, said the organizer.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">During the ceremony, New Business Age Ltd, the publisher of the monthly English magazine New Business Age and Aarthik Abhiyan National Daily, felicitated Himalaya Shumsher Rana with the “Lifetime Achievement in Business Award 2022”.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">The jury said that he was honored with the award for his outstanding contribution to the field of business and entrepreneurship in Nepal through his pioneering, innovating and visional roles in various fields including central banking, private sector commercial banking, insurance and manufacturing.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">New Business Age has been organizing Business Conclave & Awards annually since 2013 with an aim to hold discourse on crucial business and economic issues and honour business excellence by recognising quality works done by people and organizations.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">“They are being honoured for being our role models. We don't call them winners. Because they may be many more who deserve to be honoured. But we could not reach out to all of them because of our limited resources,” said Madan Lamsal, Chairman and Editor-in-chief of New Business Age group. “We hope they will do more in the future. We look forward to their higher achievements and investments in social good and corporate social responsibility in the years to come.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">Prior to the award ceremony, a panel discussion on “Emerging Through the Crises” was organized where panelists comprising leaders from private sector, government and think tanks discussed resilience of Nepal’s business and economy to various crises including a decade long Maoists insurgency, earthquakes and trade blockades in 2015 and the recent Covid-19 pandemic.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif"">SAWTEE’s Chair Dr Posh Raj Pandey, FNCCI Vice President Chandra Dhakal, Nepal Rastra Bank’s Deputy Governor Dr Neelam Dhungana Timsina and Industry, Commerce and Supplies Secretary Dr Toya Gyawali were the panelists in the discussion moderated by Dr Kalpana Khanal, Senior Research Fellow at Policy Research Institute.</span></span></span></span></p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong><u>LIST OF AWARD RECIPIENTS </u></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Company</strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Shivam Cement Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Commercial Bank </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Rastriya Banijya Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Siddhartha bank Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Standard Charter Bank Nepal Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Development Bank </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Lumbini Bikas Bank & Kamana Sewa Bikas Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Muktinath Bikas Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Shine Resunga Development Bank</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Finance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Goodwill FinanceCompany</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Guheswori Merchant Banking and Finance</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: ICFC Finance Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Microfinance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Deprosc Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Forward Community Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Chhimek Laghubitta Bittiya Sanstha Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Life Insurance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd: </sup>Life Insurance Corporation(Nepal) Ltd</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Nepal Life Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: National Life Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><strong>Best Managed Non-Life Insurance Company </strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">3<sup>rd</sup>: Neco Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">2<sup>nd</sup>: Sagarmatha Insurance Company</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">1<sup>st</sup>: Sikhar Insurance Company</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-12-12', 'modified' => '2022-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '16253', 'image' => '20221212080924_IMG-20221212-WA0026.jpg', 'article_date' => '2022-12-12 19:53:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16506', 'article_category_id' => '273', 'title' => 'Seventh ‘NewBiz Business Conclave and Awards 2022’ Kicks Off ', 'sub_title' => 'Seven companies and one individual to be awarded', 'summary' => 'The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu at 3:30 pm today (December12). ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">December 12: The Seventh edition of the NewBiz Business Conclave and Awards kicked off in Kathmandu on Monday. The programme is being organized by New Business Age Pvt Ltd as an initiative to recognize and honour the best-performing companies.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Minister of Finance Janardan Sharma is scheduled to inaugurate the awards ceremony in a while. The Business Conclave and Awards is being attended by some 500 high-level professionals from the public and private sectors, including politicians, government officials, academicians, business leaders from banking, travel and tourism and other walks of life.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As the entire global economy is going through an economic slowdown and Nepal is not an exception, this year’s conclave is focused on the theme “Emerging through the Crisis” so as to learn experiences and ways to overcome the grim situation, according to organizer. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">During the conclave, a panel discussion featuring Dr Posh Raj Pandey, chairman of SWATEE, Chandra Dhakal, senior vice president of FNCCI, Dr Neelam Dhungana Timsina, deputy governor of Nepal Rastra Bank and Toya Gyawali, secretary at the Ministry of Industry, Commerce and Supplies will discuss about the current crisis, its causes and way to emerge out of the crisis. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The session will be moderated by Dr Kalpana Khanal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the organizer, awards will be given away in eight different categories. Out of them, seven will be under institutional categories, while one individual will be felicitated with lifetime achievement award in business leadership in recognition of his/her contribution to the business sector.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Seven institutional awards include best managed company of the year, best managed commercial bank, best managed development bank, best managed finance company, best managed micro finance company and best managed non-life insurance company and best managed life insurance company. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Independent jury members consisting experts from various sectors have already selected excellent institutions and person to be awarded after a series of evaluation.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Dr Nagesh Kumar, Director of the India’s Institute for Studies in Industrial Development, is the keynote speaker of the event. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">This annual event is being organized by New Business Age since 2013. The event was not held in 2015, 2020 and 2022 due to the Gorkha earthquake and Covid-19 pandemic.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Asian Paints is the main sponsor of the programme while Gods of Furniture, Metlife Insurance, Rastriya Banijya Bank, Nexus Evi, NLG Insurance, Dish Home, Fiber Net, Nepali Patro, President Travels and Tours, have sponsored the event. </span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-12', 'modified' => '2022-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '16247', 'image' => '20221212043902_IMG-20221212-WA0004.jpg', 'article_date' => '2022-12-12 15:16:28', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16502', 'article_category_id' => '273', 'title' => 'Seventh Edition of NewBiz Business Conclave and Awards to Be Held On Monday ', 'sub_title' => '', 'summary' => 'Seventh Edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off at Radisson Hotel, Kathmandu, at 3:30 pm, according to New Business Private Limited. ', 'content' => '<p><span style="font-size:18px"> <br /> December 11: The seventh edition of NewBiz Business Conclave and Awards will be held in Kathmandu on Monday. The programme will kick off in Kathmandu at 3:30 pm, according to New Business Age Private Limited. <br /> As per the organizer, awards will be given away in eight different categories. Out of them, seven will be under institutional categories, while one individual will be felicitated with lifetime achievement award in business leadership in recognition of his/her contribution to the business sector.</span></p> <p><span style="font-size:18px">Seven institutional awards include best managed company of the year, best managed commercial bank, best managed development bank, best managed finance company, best managed micro finance company and best managed non-life insurance company and best managed life insurance company. </span><br /> </p> <p><span style="font-size:18px">Independent jury members consisting experts from various sectors have already selected excellent institutions and person to be awarded after a series of evaluation.</span><br /> </p> <p><span style="font-size:18px">Finance Minister Janardan Sharma will be the Chief Guest at the programme while Dr. Nagesh Kumar, Director of the India’s Institute for Studies in Industrial Development will be the keynote speaker. </span><br /> </p> <p><span style="font-size:18px">The programme will have a panel discussion ‘on emerging through crises'. <br /> Asian Paints is the major sponsor of the programme while Gods of Furniture, Metlife Insurance, Rastriya Banijya Bank, Nexus Evi, NLG Insurance, Dish Home, Fiber Net, Nepali Patro, President Travels and Tours, have sponsored the event. <br /> The programme will be live on Aarthik Abhiyan’s Facebook page, and New Business Age’s Youtube channel, according to the organiser. </span></p> ', 'published' => true, 'created' => '2022-12-11', 'modified' => '2022-12-11', 'keywords' => '', 'description' => '', 'sortorder' => '16243', 'image' => '20221211064357_collage (6).jpg', 'article_date' => '2022-12-11 18:34:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '42' ) ), (int) 3 => array( 'Article' => array( 'id' => '15152', 'article_category_id' => '273', 'title' => 'Jawalakhel Group’s Maggie Shah Honored with Lifetime Achievement Award', 'sub_title' => '14 Women Entrepreneurs felicitated in NewBiz Business Women Summit and Awards 2022', 'summary' => 'April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over four decades.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 22: Maggie Shah of Jawalakhel Group of Industries (JGI) has been honored with the Lifetime Achievement Award during the NewBiz Business Women Summit and Awards 2022 in recognition of her contribution to the Nepali business sector for over </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">four decades.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Shah was felicitated with the lifetime achievement award during the event organized by </span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily. Standard Chartered Bank Nepal’s CEO Anirvan Ghosh Dastidar, National Planning Commission’s Vice Chairman Biswo Nath Poudel and New Business Age’s Chairman Madan Lamsal jointly handed over the award to Shah. </span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Shah, promoter of JGI, has played a major role in taking the company to greater heights. She is also working for women empowerment through organisations such as Tewa, Federation of Women Entrepreneurs Association of Nepal (FWEAN) and SAARC Women Entrepreneur’s Council Nepal, among others.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, 13</span></span><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif""> women entrepreneurs from various categories were also honored at the special ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Usha Giri, Chairperson of Rikishi Compost Pvt, was felicitated with the ‘Women Entrepreneur of the Year 2022’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Seven women entrepreneurs from each province were awarded during the ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">An independent panel of jury made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Jyoti Sherchan, the first female architect of Nepal, was honoured with the ‘Professional Women of the Year 2022’ award, while Indira Yakthumba, principal of Gyanodaya School, received the ‘Inspirational Woman Entrepreneur of the Year 2022’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, Prakriti Mainali, founder of Shakti Milan Nepal was honoured with the ‘Social Woman Entrepreneur of the Year’ award. Sunaina Thakur, founder of Sunaina Mithila Art was felicitated with the ‘Indigenous Woman Entrepreneur of the Year’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, Dr Prativa Pandey, founder of Herveda Botanicals was felicitated with the ‘Emerging Woman Entrepreneur of the Year’ award.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The women entrepreneurs were awarded with cash prize, trophy and certificates.</span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=15YuzQMZTJgVm9DJ5AltqvdFDKz5kbc5J" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, seven enterprising women entrepreneurs from each province were honored with Rs 50,000 each and certificates.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Sita Rai, owner of Luma Gharelu Allo Udhyog and Training Center, Biratchowk (Province 1); Yashodha Gajurel, proprietor of Yashoda Bag and Readymade Udhyog, Birgunj (Madhesh Province); Basu Maya Tamang, proprietor of Nepali Mann Udhyog, Kathmandu (Bagmati Province); and Samikshya Sharma, proprietor of Parbat Krishi Uddham Kendra, Kusma, Parbat (Gandaki Province) bagged the ‘Enterprising Woman of the Year 2022’ awards.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Other entrepreneurs honoured with the ‘Enterprising Woman of the Year 2022’ awards were Neeru Chaudhary, owner of Panchashil Hastakala Kendra, Banke (Lumbini Province); Krishna Kumari Banshi, member of Laganshil Kosheli Textile Udhyog, Birendranagar, Surkhet (Karnali Province); and Dhana Devi Chokhal, owner of Keshav Madhav Krishi Farm Private Limited, Kailali (Sudurpaschim Province). </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">FWEAN President Neeru Rayamajhi Khatri was the chair of the jury committee. Barsha Shrestha, Anju Sharma, Kishore Maharjan and Sahara Joshi were the members of the jury.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organizers, the jury committee had selected the award winners based on criteria like compliance with regulations, quality of organizational management, quality of business operations, financial indicators, social impact, innovation or novelty in business or product, employment generation, contribution to export or import substitution, calibre and struggle, number of enterprise the entrepreneur is operating, and jury judgment.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Addressing the ceremony, National Planning Commission Vice Chairman Biswo Nath Poudel, who was also the chief guest of the ceremony, said that families in Nepal opt to buy motorcycles instead of washing machines.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Washing machines and dish-washers are helpful for household chores for women but that does not fall on priority,” said Poudel, adding, “The challenge is to become inclusive. For example, our target is to provide electricity to every household. There are still 300,000 households who are deprived of electricity and those are mostly marginalized community. Supplying electricity to them is inclusion in true sense.”</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Also speaking at the ceremony, FNCCI President Shekhar Golchha said thanked New Business Age for inviting him to the event and praised the constitution of Nepal for its inclusiveness. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif""> An in-depth group discussion on ‘Post-pandemic Opportunities for Women Entrepreneurs’ was also held during the event where the panelists highlighted how women entrepreneurs overcame the challenges posed by Covid-19.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organisers, three special interactive training programs in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar in the lead-up to the summit and award ceremony.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">This is the second edition of ‘Standard Chartered NewBiz Business Women Summit and Award 2022’.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the title sponsor of the awards ceremony and Muktinath Bikas Bank is the co-sponsor. Star Hospital is the medical partner for the event. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Fiber Net is the internet partner. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Storm, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-23', 'keywords' => '', 'description' => '', 'sortorder' => '14894', 'image' => '20220423065345_IMG-20220423-WA0000.jpg', 'article_date' => '2022-04-22 19:35:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '15151', 'article_category_id' => '273', 'title' => 'Standard Chartered’s Hsu highlights women’s role in driving commerce and prosperity in Nepal', 'sub_title' => '', 'summary' => 'Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in Nepal. ', 'content' => '<p>April 22: Judy Hsu, CEO, Standard Chartered—Consumer, Private and Business Banking (CPBB), has said that women have a central role to play in driving commerce and prosperity in Nepal. </p> <p>In a video address to the NewBiz Business Women Summit and Awards 2022 organized by New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, she shared initiatives of Standard Chartered in Nepal to support women entrepreneurship as part of its efforts to make a positive and lasting impact in the markets where it operate. </p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p>According to Hsu, Standard Chartered Bank Nepal Ltd is offering subsidized women entrepreneurship loans, which have seen a robust growth in the number of accounts opened over the last two years. She said that to promote employability for young women, Standard Chartered is embarking on a project with Plan International to equip young women with necessary skills and knowledge to be employed or self-employed. </p> <p>“To equip young girls with confidence and skills to be economic leaders in their families and communities, we have been running our flagship ‘Sports to Development’ programme in Nepal since 2020. We aim to engage 1,000 young girls in financial education and life-skill training,” she said. She said that Standard Chartered is also committed to promote gender equality at work and support women to take senior roles. “In fact, 40 percent of the board of directors of Standard Chartered Bank Nepal Ltd are female and the board is chaired by Zarin Daruwala, who is our cluster CEO of Standard Chartered’s India and South Asia markets,” she said.</p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14893', 'image' => '20220422064332_Standard Chartered_.jpg', 'article_date' => '2022-04-22 18:00:11', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 5 => array( 'Article' => array( 'id' => '15150', 'article_category_id' => '273', 'title' => 'Panelists Call for Support to Women Entrepreneurs Hit by Covid-19', 'sub_title' => '', 'summary' => 'April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by Covid-19.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">April 22: Business leaders have urged the government to provide support to women entrepreneurs affected by Covid-19. In a panel discussion organized as part of the NewBiz Business Women Summit and Awards 2022 by New Business Age Pvt Ltd, the publishers of New Business Age monthly magazine and Aarthik Abhiyan National Daily, panelists also highlighted the post-pandemic opportunities available for women entrepreneurs. Excerpts:</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Mahalaxmi Shrestha, </span></strong><span style="font-family:"Arial","sans-serif"">General Secretary, FWEAN</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The pandemic was a major setback to most of the businesses. Many businesses were on the verge of closure. However, some entrepreneurs took this challenge as an opportunity. Digitalization played a vital role in it. Digital platform was the medium through which goods produced were sold in the market. Digital marketing flourished during the period.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digital marketing requires good photos of the product and the product’s packaging must also look good.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The government had announced concessional loan amid the pandemic. However, there was information gap as many women were unaware of such concessional loan. There women were unaware how to access those concessional package.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Another issue is the collateral free credit for women entrepreneurs. Many women affiliated to our association complain that banks seek collateral with them against the government policy. Therefore, this programme needs to be re-evaluated.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""> </span></span> <img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Pradhyuman Pokharel, </span></strong><span style="font-family:"Arial","sans-serif"">CEO, Muktinath Bikas Bank</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">When we talk about women entrepreneurship, we need to consider three things, access to finance, access to knowledge and access to the market. It is not enough to just give loans and invest. It is necessary to give knowledge to women on how to do business, problems associated with their field of engagement, source to get raw materials, dangers surrounding the manufacture of products, how to sell the finished products, and if the business can be done with cash or credit as well. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">After all this, it is also mandatory to educate them about marketing of the products. Although the Covid-19 pandemic reduced the growth of credit extension this year, digitization came forth as its positive impact. In addition the creativity got sparked during the lockdown period and now people are able to think in a wide domain. As a result, we witnessed the widespread food delivery business with women's involvement.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digitization is difficult in the rural areas of Nepal as women in rural areas are not well aware of technical issues. Women in rural areas are not as aware as the women in urban areas. In addition, awareness is extremely crucial because women are unable to speak independently. With the facilitation of policies, and proper awareness, the ecosystem will be more favorable for women entrepreneurship.</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Narayan Prasad Regmi, </span></strong><span style="font-family:"Arial","sans-serif"">Joint Secretary, Ministry of Industry, Commerce and Supplies </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Since women entrepreneurs were at the forefront of bearing the brunt of Covid-19, the government took three initiatives at the policy level. First, we brought refinancing and subsidized loan facilities for women entrepreneurs hit by the pandemic. We also introduced targeted programmes for women entrepreneurs to help them in finding and accessing markets and export their products by helping them register trademarks and patents. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">We also designed growth modality programmes for women enterprises. We took the Micro-Enterprise Development Programme (MEDEP) to all 753 local units toward helping women-led micro enterprises. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Women entrepreneurs need support in every step of their overall entrepreneurship or business cycle. For that, the government is ready to provide such support. The priority should be on boosting mass production in the country. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">We are focused on promoting women entrepreneurs also in rural areas. The government has been providing a waiver on revenue for women entrepreneurs or registration of properties. But, that has not helped in increasing women’s role in decision making. We have taken the registration process of business to online system. There is a one-door system for registration of businesses. So, women do not need to visit the Department of Industry to register their businesses. Now, local-level governments register enterprises of certain capital. </span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Pranu Singh, </span></strong><span style="font-family:"Arial","sans-serif"">Head of Corporate affairs, Brand and Marketing, Standard Chartered Bank Nepal Limited</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">There are separate policies and regulations for women entrepreneurs. Especially, the new financial literacy framework introduced recently is really impressive and we have already started working on it. But since there are many gaps in implementing the policies and regulations, making women entrepreneurs aware will of course fill up those gaps, but it is going to take some time. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Digitization has definitely occurred but there are challenges everywhere. The beginning of everything starts from a family or community. When a woman expresses her interest towards entrepreneurship, the way her household treats is what matters. But there is the issue of mindset. For years the mindset has been shaped by the stereotype that men should go out to work and women should make a home. Not only in the rural areas, there are such gender biases in urban areas as well. It is a long process to change this mindset, but it is possible. It is necessary to start at the basic level and move step by step towards spreading awareness to the family on how to remove such biases. Women entrepreneurship is basically financial independence and hence awareness should be raised from the family level and organization level itself.</span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><strong><span style="font-family:"Arial","sans-serif"">Dr Neelam Dhungana, </span></strong></span></span><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Deputy Governor, Nepal Rastra Bank</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The entire economy was impacted due to the covid-19 pandemic. In the meantime, Nepal Rastra Bank brought different policies to encourage women entrepreneurs. Meanwhile, the central bank did a survey to study the impact of the pandemic in which it was found that only four percent of businesses were fully operating and 80 percent were partially closed. After the impact of coronavirus declined, around 82 percent of businesses have revived and this rate is increasing. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">The concessional loan scheme that the government and the central bank had brought to encourage women entrepreneurs, problems such as seeking collateral, target group not receiving the loan, men taking loans in the name of women were seen. Since the loan was not received by the target group, the objective was also not met. We have a high level coordination committee and we have concluded that the concessional loan procedure should be amended. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Lack of ownership in the property is still a major problem for women entrepreneurs. As per the data of ministry of land management, women with land ownership has increased to 43 percent from 20 percent. However, it is very difficult for a woman to take loan even if she has land. So, women cannot take decisions, and it is men who ultimately take the decision. </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Besides, the troublesome and lengthy documentation process discourages women entrepreneurs. They also do not know how to write an effective business proposal, which is also a problem. In some cases, men have been misusing the loan in the name of women. The upcoming concessional loan procedure will address all these problems and work accordingly. </span></span><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Women entrepreneurship is about financial independence.</span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14892', 'image' => '20220422063211_IMG-20220422-WA0000.jpg', 'article_date' => '2022-04-22 18:40:19', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '15149', 'article_category_id' => '273', 'title' => 'Standard Chartered NewBiz Business Women Summit and Awards 2022 Kicks Off', 'sub_title' => '', 'summary' => 'April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on Thursday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">April 22: The Standard Chartered NewBiz Business Women Summit and Awards 2022 kicked off amid a special function in the capital on Thursday. The organizer New Business Age Pvt Ltd informed that 15 women entrepreneurs will be honored in 8 categories during the event.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Speaking at the inauguration of the awards ceremony, Sabita Subedi on behalf of the organisers, said that the awards ceremony would inspire others involved in women’s entrepreneurship. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">“Women empowerment has been making rounds since a long time and it has achieved some success. However much more needs to be done. Let’s work hand in hands for entrepreneurship,” said NBA Director Subedi.</span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">New Business Age had organized various events across the country to promote women entrepreneurship in the run-up to the finale. The awards programme started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This year, the best seven women entrepreneurs from each province will also be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14891', 'image' => '20220422072813_New Business Age Summit and Awards.JPG', 'article_date' => '2022-04-22 16:46:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '15145', 'article_category_id' => '273', 'title' => 'Standard Chartered NewBiz Business Women Summit and Awards 2022 Today', 'sub_title' => '', 'summary' => 'April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">April 21: The final countdown of the Standard Chartered NewBiz Business Women Summit and Awards 2022 will begin at 3 pm today afternoon amid a special function in the capital. The organizer New Business Age Pvt. Ltd. informed that the best 15 women in 8 categories will be honored during the event.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">New Business Age had organized various events across the country to promote women entrepreneurship in the run-up to the finale. The awards programme started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. </span></span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">This year, the best seven women entrepreneurs from each province will also be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Calibri","sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank.</span></span></span></span></p> ', 'published' => true, 'created' => '2022-04-22', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14887', 'image' => '20220422112228_20220421010649_1650496679.3.jpg', 'article_date' => '2022-04-22 11:21:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '15140', 'article_category_id' => '273', 'title' => 'Final Event of ‘Standard Chartered NewBiz Business Women Summit and Awards 2022’ on Friday', 'sub_title' => '', 'summary' => 'April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">April 21: The Standard Chartered NewBiz Business Women Summit and Awards 2022 is all set to conclude in the capital on Friday. The programme this year started with two women sharing their entrepreneurial journey. Following the programme, special interactive trainings in hybrid methods on financial literacy, entrepreneurship, time management and capacity development were held in Pokhara, Birgunj and Biratnagar. The final program of this year will be held in Kathmandu on Friday (April 22). </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The organizer New Business Age Pvt. Ltd. informed that the best 15 women in 8 categories will be honored in the final programme. Likewise, the best seven women entrepreneurs from each province will be honored with Rs 50,000 each. According to the organizers, the process of selecting women entrepreneurs for the honor had started since May last year. A jury comprising independent experts made the final selection of entrepreneurs from more than 2,000 women entrepreneurs. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NBA has been conducting such programmes to promote entrepreneurship and business since 2013. The programme to honor women entrepreneurs was initiated in 2021. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">During the run-up to the event, a panel discussion was held with various experts regarding new opportunities for entrepreneurs after Covid-19. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards to be held in Kathmandu on April 22. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-04-21', 'modified' => '2022-04-21', 'keywords' => '', 'description' => '', 'sortorder' => '14882', 'image' => '20220421010649_1650496679.3.jpg', 'article_date' => '2022-04-21 13:05:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '15135', 'article_category_id' => '273', 'title' => 'Financial Literacy is the Basis of Women Entrepreneurship ', 'sub_title' => '', 'summary' => 'April 20: Financial literacy is the need of the hour for women entrepreneurs.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">April 20: Financial literacy is the need of the hour for women entrepreneurs. Stakeholders say that the state and private sector should take necessary steps to this end. Participants of an interaction programme under the ‘Standard Chartered NewBiz Business Women Summit and Awards 2022’ organized in Biratnagar on Tuesday said that doing so will strengthen women entrepreneurs’ contribution to the country’s economy in the future. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking at the interaction coordinated by Chamber of Industries Morang (CIM), Pratibha Rijal Oli, executive committee member of CIM and coordinator of Women Entrepreneurship Committee, said that women, a part of economic development of the country, have always lagged behind. Stating that financial literacy is indispensable for women entrepreneurs, she said that women will benefit from financial literacy conducted at the grassroots level. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“The contribution of women in the economic development of the country is not less and if entrepreneurial literacy is provided to women their contribution in the economy will be even more,” she said. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">She informed that a majority of women are engaged in business only for livelihood and even though they wanted to expand it, they are unaware about the market and process of taking loan from the bank. </span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Furthermore, she stated that if the training and interaction programme is organized by New Business Age (NBA) regularly, it would be very fruitful for such business women. She says that it is necessary to make women entrepreneurs able to take loans, keep an account of their business and do marketing. She suggested that NBA should hold two such events a year. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Chairman of the CIM Suyash Raj Pyakurel appreciated NBA for organizing the programme for the development of women entrepreneurship outside the capital. He said that literacy is first and foremost necessary for the development of women entrepreneurship. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Madan Lamsal, chairman and editor-in-chief of NBA, said that the programme has been conducted in different provinces and the selected women entrepreneurs will be honored and prizes will be distributed in the capital. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He informed that they have been working for entrepreneurship since 2013. Stating that economic development of the country is possible only if women are into entrepreneurship, Lamsal said that NBA has been organizing training and interaction for women entrepreneurs annually. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">President of the Federation of Women Entrepreneurs Association of Nepal (FWEAN) Niru Rayamajhi Khatri provided training to the participants on leadership and leadership qualities. She also informed the participants about the pre-requisites to move their business forward. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Sita Rai of Luma Home-made Dhaka Industry, who participated in the programme, said that it is much easier for a startup now compared to the difficulties she had while starting her business. She said that organizations like NBA need to train startups to run successful businesses. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Sharmila Humagain, branch manager of Standard Chartered Bank, Biratnagar, said that in some cases, women entrepreneurs lack documents required for taking loans. She informed that banks have been providing a concessional loan for women entrepreneurs in case they are able to submit all the documents required for obtaining such loans. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Managers of Agricultural Development Bank and Muktinath Bikas Bank said that they will provide loans if all the documents are provided. In addition, they said that the banks should provide loans for the development of women entrepreneurship but there would be a problem when others try to take loans in the name of women. </span></span></span></p> ', 'published' => true, 'created' => '2022-04-20', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14877', 'image' => '20220420014616_1650414801.jpg', 'article_date' => '2022-04-20 13:45:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '15122', 'article_category_id' => '273', 'title' => 'Innovation and Financial Literacy are the Base of Women Entrepreneurship ', 'sub_title' => '', 'summary' => 'April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the economy.', 'content' => '<p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">April 18: The participants of an interaction program under the 'Standard Chartered NewBiz Business Summit and Awards 2022' held in Birgunj on Sunday stated that promotion of women entrepreneurship is necessary to uplift the economy. The award function is to be held in Kathmandu on Friday, April 22. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Speaking on the occasion, Chief Customs Officer of Birgunj Customs Harihar Poudel said that financial literacy and innovation should be emphasised for the promotion of women entrepreneurship. Stating that the finished product of one enterprise can be the raw material of another, Poudel said that innovation would widen the scope of entrepreneurship. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Poudel stressed on the need for effective policy and its implementation to involve more women in the enterprise and to uplift those who are already active in the enterprise. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">"Skill development training is not enough for women. We have to see whether the learned skills are used or not," he said. Madan Lamsal, president and editor-in-chief of New Business Age Pvt Ltd, said the country would not prosper unless women are empowered. </span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">He stated that the award and recognition programme is being organised to encourage women towards entrepreneurship. “The private sector should lead the economic development,” said Lamsal. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Reema Shah, chief of the Cottage and Small Industries Office, Parsa, said that women in rural areas have not been able to move towards entrepreneurship. She urged the inclusion of women from rural areas in the women entrepreneurship promotion programme. She also said that there is low participation of women from rural areas in skill-based training. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Rajan Dev Bhattarai, director of Nepal Rastra Bank Regional Office, Birgunj, claimed that women entrepreneurs still lack financial literacy. Director Bhattarai said that despite the government budget being spent in the name of making women self-employed and to involve them in entrepreneurship, the expected outcome has not been observed. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Stating that women entrepreneurs have complained of not being able to get concessional loans easily, Bhattarai said that the loan without any collateral should be disbursed to them through projects. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">President of Birgunj Chamber of Commerce and Industry Dr Subodh Kumar Gupta claimed that only 10 percent women were entrepreneurs and argued that men were also to blame for the failure of women. He said that men should help in promoting women entrepreneurship. He claimed that women are more honest than men in any profession and business. </span></span></p> <p><span style="font-size:18px"><span style="font-family:"Times New Roman","serif"">Participants of the interactive training held in the run-up to the award program, sponsored by Standard Chartered Bank and co-sponsored Muktinath Development Bank, complained that the results of entrepreneurship is not seen due to the problems such as lack of marketing, access to technology and credit. </span></span></p> ', 'published' => true, 'created' => '2022-04-18', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14864', 'image' => '20220418125406_1650236386.4.jpg', 'article_date' => '2022-04-18 12:51:45', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '15090', 'article_category_id' => '273', 'title' => 'Two Women Share their Entrepreneurial Journey ', 'sub_title' => '', 'summary' => 'April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and Awards. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">April 12: Two women entrepreneurs have shared their experience of entrepreneurial journeys during a program under the Standard Chartered NewBiz Business Women Summit and Awards. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Basumaya Tamang and Sewa Pathak narrated their stories of enterprise journey in a program called 'Niyatra-Shi Odyssey' organized at the Center for Leadership and Entrepreneurship in Lalitpur on Monday. Tamang is the director of Nepali Mann Udyog while Pathak is the Chief Executive Officer (CEO) of Vianet Communications Pvt Ltd. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Tamang, who is successful in producing timur pickles in Nepal and exporting them to different countries in the world, shared her experiences of achieving success in this business. She shared her stories from carrying sand from the river bank to making candles. Prior to making pickles, she said she was involved in roadside vendor business selling products with the help of a cart. Currently, she employs 90 women. Tamang, who has already expanded her branch in the UK, said that she is preparing to open a branch in Dubai soon. </span></span></span></p> <p><img src="https://drive.google.com/uc?export=view&id=1HT_JlZkcmHxYWA5-zPPfWiV4aWnfCALy" /></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">“I am able to reach this stage today by struggling without giving up under any circumstances,” she said at the storytelling event. She also suggested women wanting to enter into entrepreneurship to do something different than what others are doing. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Speaking on the occasion, Pathak, CEO of Vianet, shared her experience of working as a finance manager at Shikhar Insurance in her early days after becoming a Chartered Accountant. After some time, she started working for her husband’s company Vianet. After the introduction of ‘Fiber-to-the-home’ technology, she says that she worked full time in the company for its implementation. With time, she started working as the CEO of the company. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">She shared that when she came up with a business plan for loan with various banks, they used to ask questions only to her husband. She adds, “People are still hesitant to trust women.” She says that we can be successful in business if only we can overcome such a mentality. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Everybody has a problem in maintaining work-life balance at the same time. Pathak believes that in this case, success can be achieved by allocating time on priority basis. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Academic Director of the Center for Leadership and Entrepreneurship Bijay Anand Sharma Timilsina delivered the welcome address. Madan Lamsal, president and editor-in-chief of New Business Age, highlighted about the program on the occasion. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">The event was attended by various professionals and women entrepreneurs. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the main sponsor and Muktinath Bikas Bank Limited is the co-sponsor of the Summit and Awards that is going to be held in Kathmandu on April 26. Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Dish Home FiberNet is the internet partner. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">New Business Age has been conducting various awards programmes to help in the promotion of industry, business and entrepreneurship. A similar program to honor women entrepreneurs was held on January 31 last year. </span></span></span></p> ', 'published' => true, 'created' => '2022-04-12', 'modified' => '2022-04-24', 'keywords' => '', 'description' => '', 'sortorder' => '14832', 'image' => '20220412022419_1649713887.Clipboard05.jpg', 'article_date' => '2022-04-12 14:23:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '15082', 'article_category_id' => '273', 'title' => 'Preparations for ‘NewBiz Business Women Summit and Awards 2022’ in Final Phase ', 'sub_title' => '', 'summary' => 'April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final stage.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 11: Preparations for the upcoming Standard Chartered NewBiz Business Women Summit and Awards 2022 is in the final stage.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">According to the organizer – New Business Age Pvt Ltd, the summit and awards ceremony will be held in the capital on April 22.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The event is being organised with the objective of encouraging successful women entrepreneurs. The process of selecting the best women entrepreneurs from each province has been completed. Those selected will be given a certificate along with cash prize. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">An independent jury formed for the selection has already selected the women entrepreneurs to be awarded in various categories. Data of more than 2,000 women entrepreneurs from across the country have been collected for the selection process. The organiser informed that the award and honors will be provided in seven different categories. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">In the run-up to the mega event, a group discussion among experts has already been held on the topic of ‘Opportunities for Women Entrepreneurs after the Pandemic’. The organizer informed that the video of the discussion will be made public on the awards ceremony and further discussions will be held focusing on the issues raised during the discussion. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Under this event, there will be three interactive training programs in mid-April on business related topics for existing and aspiring women entrepreneurs across the country through hybrid medium. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Standard Chartered Bank is the title sponsor of the awards ceremony and Muktinath Bikas Bank is the co-sponsor. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Likewise, the medical partner for the event is Star Hospital. Center for Leadership and Entrepreneurship is the knowledge partner, Turkish Airlines is the airlines partner, Daraz is the ecommerce partner, NECO Insurance Limited is the insurance partner and Fiber Net is the internet partner. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Similarly, the event is also supported by Agriculture Development Bank, Sipradi Trading, Reliable Life Insurance, Progressive Finance Limited, National Life Insurance, Federation of Women Entrepreneurs Association of Nepal (FWEAN), Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepal Rastra Bank. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">New Business Age has been conducting various awards programs to help in the promotion of industry, business and entrepreneurship. A similar program to honor women entrepreneurs was held on January 31 last year. Last November, the startup entrepreneurs were also honored in the same way. </span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-04-11', 'modified' => '2022-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '14824', 'image' => '20220411015407_1649625777.Clipboard08.jpg', 'article_date' => '2022-04-11 13:53:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
