After experiencing significant growth in 2021 and 2022, most e-commerce ventures are now facing a slowdown in demand and sluggish revenue growth. During the Covid-induced lockdowns, demand for online . . . Read more »
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For a developing country like Nepal with a substantial demand for investment, development finance institutions (DFIs) are becoming an important alternative source of financing, especially for private . . . Read more »
Will Emerging Nepal Investment Summit 2024 Serve as a Catalyst to Position Nepal as a Premier Investment . . . Read more »
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Madhesh Province has lots of potential, opportunities and resources to fulfil the development aspirations of the local people and to contribute in overall national prosperity. But there are also . . . Read more »
While Nepal's competitiveness in goods trade lags behind, there is an increasing urgency for both the government and the private sector to intensify their efforts in diversifying services exports. . . . Read more »
The electric vehicle (EV) market in Nepal is experiencing significant growth, driven by increasing consumer demand and a commitment to sustainable transportation. Despite frequently changing . . . Read more »
The Fourth Industrial Revolution, characterized by the convergence of digital technologies and innovations, is reshaping various aspects of society, including the economy, culture, and individual . . . Read more »
The passage discusses the negative impact of the Maoist insurgency on Nepal's economy. It highlights the decline in tourist arrivals, the destruction of telecom infrastructure, and the adverse effects on various sectors such as education and health. The ongoing violence has disrupted social services in remote areas, leading to the desertion of health posts and the fleeing of teachers. The passage emphasizes the importance of peace and security . . . Read more »
Nepal’s economy is passing through one of its worst phases in history. Most of the economic indicators point to a looming crisis. While the government is scrambling to bridge the gap between its . . . Read more »
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The gig economy, also known as the sharing economy, refers to the labour market characterised by the prevalence of short-term contracts or freelance work rather than permanent jobs. . . . Read more »
The Nepali economy is currently experiencing one of its worst periods. Most economic indicators suggest that a crisis is looming. Economic growth, which averaged 4.9% between 2009 and 2019, . . . Read more »
Despite its failure and poor performance in sectors where it is involved, the government seeks to expand its reach and role. The government is perpetuating its exploitative and extractive character . . . Read more »
The lifestyle of Nepali people has undergone an immense transformation over the past decade or so. From having meals at home to eating out, Nepali society’s preference for food has changed a . . . Read more »
While there might be many factors that kill any business idea, lack of financing opportunity to bankroll the business has been a major reason that compels many Nepali entrepreneurs to abandon their . . . Read more »
PE/VC is not a completely new term in Nepal. Even though the government has recently formalized it, the investors with a large fund has been investing under the PE/VC model. Back in 2012/2013, a few companies have started investing in an informal . . . Read more »
Six years ago, Beema Samiti - the insurance regulatory authority of Nepal - decided to issue operating licences to 10 new insurance companies. The decision to add a whopping number of insurance . . . Read more »
What if Nepal either stops receiving remittances or there is a significant decline in the transfer of hard-earned money by Nepali workers abroad? This question—even hypothetical—should give our . . . Read more »
Nepal receives a significant share of remittances to GDP every year. The government data shows that the total remittance inflow translated into 22.53% of the total GDP in 2020/21. . . . Read more »
Out-migration from Nepal—a landlocked and least- developed country—has surged in the last two decades. Now, a third of households has at least one member abroad and Nepal has one of the largest . . . Read more »
After the surge of the global pandemic, a slew of lockdown measures were imposed to contain the virus. There were multiple predictions suggesting that the flow of remittance would dwindle in . . . Read more »
This time liquidity issues or so called C/D ratio (capping at 90%) of Banking System has really prolonged and Businesses, more particularly SME businesses are suffocating due to unavailability of credit. . . . Read more »
The automobile industry is interconnected with all gamut of the Nepali economy. The decision of the government regarding restriction on the import of vehicles will have a long-term effect on the . . . Read more »
Prior to Covid-19 pandemic, the vehicle sales growth was very good. However, the pandemic dealt a blow to the auto mobile sector like it did to other sectors of the economy in the . . . Read more »
The government has restricted the import of ICE vehicles for more than 2 months. It is sad to see that the government still looks at the four-wheelers as a luxury rather than a . . . Read more »
What should really be understood is that vehicle is now no more a luxury but a necessity and needs to be reclassified. Vehicle to what extent is a . . . Read more »
The restriction imposed by the government on the import of automobiles has affected the business of the entire automobile sector. If you look at the scenario, the automobile industry is one of the major contributors to the country's . . . Read more »
The government's austerity measures and lack of liquidity to reduce the pressure on foreign exchange reserves have had an impact on vehicle . . . Read more »
While the manufacturing sector is on a sharp decline, the cement industry is experiencing a boom in recent years that is now eying the nearby markets for export as the domestic demands fail to keep . . . Read more »
Over the last few years, medical tourism has become a buzz word, fashionably coined by travel agencies and the mass media to describe the rapidly-growing practice of travelling to another country for . . . Read more »
Dr. Prativa Pandey obtained her medical degree from New Delhi, India and did post graduation in Internal Medicine from Boston, USA. She worked for 10 years in the Boston area and returned to Nepal in . . . Read more »
In a broader sense, Nepalis currently spend billions of rupees on treatment abroad due to a lack of adequate health infrastructure. However, there is a high potential for medical tourism in Nepal. A sizable number of Indians come to Nepal to Tilganga for eye treatment for . . . Read more »
Medical tourism is simply a joint domain of two domains, as suggested by its name. Renamed "medical value travel," it is described as a purposeful cross-country visit in order to obtain treatment or . . . Read more »
Many people in the world have started travelling to different parts of the world spending huge amount of money for medical treatment. These people will be accompanied by their family and friends who, . . . Read more »
Nepal as a medical tourism destination has tremendous potential. I am saying this because of my recent experience when I was in an Indian restaurant in the United . . . Read more »
For ages, people used to travel considerable distances for medical and wellness treatment. During Roman times people sought out spas and thermal baths. Romans constructed resorts with thermal spas in . . . Read more »
Grey tourism is a specific niche market that caters towards older travellers. This group represents the largest, fastest growing, richest consumer market on the planet, accounting for half of . . . Read more »
Nepal’s power sector has undergone tremendous development in recent years. Most importantly, the power cuts (locally known as load-shedding) have now become history. . . . Read more »
Ashish Garg is the Vice President of the Independent Power Producers Association Nepal (IPPAN) and Convenor of the Energy Committee of Confederation of Nepalese Industries . . . Read more »
While Nepal is still to complete the first generation economic reforms that began in early 1990s or even before that, discussions have already begun on the need for second generation reforms. Is it . . . Read more »
From Nike sneakers to Louis Vuitton handbags, Nepali consumers can easily purchase any item in the domestic market at a price that is nowhere close to their real or actual price. These knockoff . . . Read more »
While the pandemic ravaged the tourism and leisure sectors such as hotels and travel businesses, industrial and financial sectors were also severely affected by the spread of the novel coronavirus . . . Read more »
The government is asking the private sector and investors to invest in certain priority sectors with a promise that it would not seek the source of income for two years. While the government wants to . . . Read more »
In 2019, about 1.2 million tourists came to Nepal, and the income of tourism and hospitality businesses increased to good levels. Private sector investment also increased significantly in the sector . . . Read more »
Insurance companies are risk managers. The relationship between their business and risk goes in one direction. As the risk increases, so does the insurance business, and when there is no risk, there . . . Read more »
The Nepali private sector has faced various challenges in every era. In the past, we went through a heap of problems including the worsening of labor relations, up to 18 hours of power cuts, and the . . . Read more »
Advancing infrastructure development by considering economic activities and sources available in the country can help improve the economy. However, the priority of political leaders and lawmakers in . . . Read more »
Due to the adverse situation created by the pandemic and the working style of the government, the country's economic scenario is not looking encouraging. The ‘white paper’ issued by the coalition . . . Read more »
In Nepal, agriculture has always been considered as the main basis of economic development which is wrong. We need to look towards countries like China and Ethiopia and see how they leaped from . . . Read more »
Most of the sectors were affected by the lockdowns and prohibitory orders. However, the banking sector was not affected . . . Read more »
The financial sector and capital market have performed exceptionally well even when other sectors were reeling with the sharp economic slowdown. Amidst the pandemic, digitalisation of financial . . . Read more »
Nepal's economy is slowly recovering from the unprecedented crisis brought on by the global pandemic. The signs are promising, but much more effort is required to face the challenges along the . . . Read more »
The Compact is based on the principles of accountability, transparency, and mutual prosperity and will open up a new chapter in the infrastructure development in . . . Read more »
Power politics, controversies and unnecessary indecisiveness over the MCC Compact is not only making the fate of the USD 500-million grant for Nepal uncertain but also risks hurting the country’s . . . Read more »
When the new financial setup under the federal system was under preparation, a policy was formulated to encourage commercial banks to expand their presence in all the 753 local levels of the country. . . . Read more »
The time has come to cut the bureaucratic red tape and liberalise the licensing regime for a better business environment in the . . . Read more »
Coronavirus raging across the country not only sickened hundreds of thousands of people and claimed over 8,558 lives across the country but also brought economic activity almost to a standstill for . . . Read more »
Improvement in value chains generally leads to production of sophisticated products. These products cost more but there are customers who do not hesitate to pay premium because of the quality. . . . Read more »
In the first week of April, Community Eye Hospital in Hetauda suddenly started seeing a surge in the number of patients. The hospital, which used to handle around 100 to 150 patients a day, was . . . Read more »
Chameliya Hydroelectric Project. The name conjures up images of a long-delayed hydropower project with huge cost overruns. The 30-megawatt project built by state-owned Nepal Electricity Authority . . . Read more »
At a time when many industries in Nepal are still reeling under the impact of the Covid-19 pandemic with market demand yet to rise to pre-pandemic levels, the construction materials industry is going . . . Read more »
Like many traders who import goods from or export goods to China via land, Bed Bahadur Shrestha has become accustomed to a slew of problems at the Nepal-China border crossings. These problems range . . . Read more »
Over the past nine months, exports of handicrafts have dipped dramatically as the international demand for merchandise goods has been decimated due to the Covid-19 crisis. The Federation of . . . Read more »
The coronavirus outbreak, which engulfed the globe after starting from the Chinese city of Wuhan in late 2019, is having a multitude of impacts to women entrepreneurship in Nepal which was showing . . . Read more »
For Nepal, the impact of the Covid-19 pandemic has been severe and it is unlike past international crises when the events had little to no impact on the Himalayan country. But even in these gloomy . . . Read more »
The four-month-long nationwide lockdown imposed by the government to contain the spread of cronavirus from late March to mid-July of this year and its subsequent impacts on the economic activities . . . Read more »
The Nepali banking sector, in the last 20 years, had to grapple with major disturbances including the Maoist insurgency, 2015 Earthquake, and Indian economic blockade. But the crisis created by the . . . Read more »
The Monetary Policy for FY2020/21 has attempted to address many aspects of the economic slowdown brought by the four-month long lockdown. The arrangements encouraged business community members who were in a state of disarray due to the pandemic-induced recession. . . . Read more »
Whenever Nepal-India bilateral relations come under strain, Nepal's economic dependence with the southern neighbour is often highlighted. Indian experts say the open border, transit access through . . . Read more »
The series of worldwide unfortunate events over the last six months have dealt a massive blow to the Nepali hotel sector, which has an estimated investment of Rs 100 billion, with both international . . . Read more »
The Federal Budget for the fiscal year 2020/21 was perhaps one of the most anticipated ones, in recent years. The fact that Finance Minister Dr Yubaraj Khatiwada was presenting the budget against the . . . Read more »
In normal times, Nepal gets over 300,000 foreign visitors during the spring tourist season of March-May with the occupancy rate of hotels soaring to over 60 percent keeping the hospitality industry . . . Read more »
The last two months have been quite eventful for Nepali startups. First, Foodmandu, Nepal’s largest food delivery platform, has secured its second-round investment from Team Ventures, a private . . . Read more »
Prime Minister KP Sharma Oli during his address to the House of Representatives on February 14, to mark the current government’s second year, highlighted how successful his administration has been . . . Read more »
The present government came to power with the slogan ‘Prosperous Nepal, Happy Nepali’. Happiness is a vague concept; however, material happiness at least requires overall improvement in the standards of living, economic, social and environmental . . . Read more »
The Himalayan country is currently witnessing attempts made by women to break through the corporate and entrepreneurial glass ceiling to become master of their own destiny which was elusive for them . . . Read more »
When Jiang Zemin visited Nepal in 1996, China was barely able make it to the list of top ten economies and was trying to establish itself as the low-cost factory of the world. In 2019, when Xi . . . Read more »
When Chinese President Xi Jinping landed in Kathmandu in the second week of October, the first official visit by a Chinese President in 23 years, many eyes were on him wondering if he would announce . . . Read more »
Nepal Clearing House Limited (NCHL), in the month of Poush (December/January), reported that monthly transactions on its connectIPS, an electronic payment system, reached Rs 12.05 billion. The size . . . Read more »
Technology is enabling an ecosystem where customers are acquired and served differently than traditional ways. While designing a digital strategy, it is important to understand how customers are acquired and how they are . . . Read more »
At a time when the country’s industrial productivity has mostly remained subdued, it is a matter of great pride to note that Nepal has become self-reliant in cement production. Over the last few . . . Read more »
In what looked like students being summoned into the headmaster’s office for a caning, Nepal Rastra Bank (NRB) on June 27 invited chairmen and CEOs of banks and financial institutions to Hotel Yak . . . Read more »
Ever since KP Sharma Oli assumed the prime ministerial post in February 2018, for the second time, he and several ministers of his cabinet have repeatedly expressed in foreign as well as domestic . . . Read more »
After seven months, it will be Visit Nepal 2020. The goal of this second national tourism promotion campaign (The first was VNY 1998) is to welcome two million foreign visitors. The Visit Nepal 2020 . . . Read more »
In this digital era, when contact with technology is inevitable, any form of business can create disruption in the industry with the wise and clever use of technology. The hospitality industry, till . . . Read more »
Hoteliers are very much prepared; today we have enough hotels to accommodate 2.5 million guests in term of rooms, beds, food and entertainment. Eventually, by combining all categories of hotels, i.e. stars hotels, resorts, lodges, guest houses and even the homestay facilities, we have the strength in numbers to make Visit Nepal 2020 a grand . . . Read more »
Any transition from the old generation to the new comes with both opportunities and challenges. In a family-run business, this becomes more evident due to the complexities in managing various aspects . . . Read more »
The development or growth or expansion of the capital market in Nepal has been talked about a lot. However, these discussions have made little real impact. Thus, the Nepali capital market is . . . Read more »
On November 27, 2018, Prime Minister KP Sharma Oli launched the ambitious, contribution-based Social Security Fund (SSF) claiming it as the ‘beginning of a new era’ amid lavish fanfare. “It is . . . Read more »
In August 2016, when the Nepal Airlines Corporation (NAC) decided to start process of purchasing two Airbus wide-body aircraft for long-haul flights, a bright light of hope for a revival of the . . . Read more »
Global trade, today, is undergoing a transformation with the balance fast shifting towards trade in services from trade in goods. According to the World Trade Organization (WTO), the governing body . . . Read more »
81 years after Nepal Bank Limited was established as the first commercial bank in the country, the Nepali banking sector has seemingly come to a crossroads. From issues related to liquidity . . . Read more »
The country’s private sector is increasingly turning to easier but more financially rewarding ventures like trading and partnering with the public sector on procurements and extraction of . . . Read more »
The first federal government budget indicates that the government has taken a backward momentum in terms of taxation. There has been 5 percent customs buty increment on the impart of agricultural commodities. Such used to be levied also in the part but was abandoned long time back. Likewise, tariffs on the import of many commodities have been increased. To stop illegal imports of goods and commodities, the government should have reduced the . . . Read more »
According to Harvard economist Daron Acemoglu, tax revenue as percentage of GDP is generally higher among countries with higher per capita income. Nepal is an anomaly in the global trend. For a . . . Read more »
During his recent trip to the United States to participate in the annual meeting of The World Bank, Minister for Finance Dr Yuba Raj Khatiwada presented Nepal as the most competitive country in South . . . Read more »
Across the world, markets have enjoyed tremendous success by embracing free trade regimes within regional markets with connectivity as the nucleus of such practices of economic integration. The . . . Read more »
Trade and economic integration at the bilateral and regional levels is gaining ground in the wake of the faltering global trading system. The looming dissension against the rules of international . . . Read more »
The Consumer Unity and Trust Society (CUTS) International, a Jaipur (India) based NGO working in the areas of trade, economy and environment, organised a regional policy dialogue on “Connectivity Imperatives in the Bay of Bengal Region” in New Delhi on May 2 and . . . Read more »
The foreign policy of every country is guided by national interests and priorities. In the context of the growing Nepal-China relationship, it is essential for Nepal to maintain a sound relationship with both India and China in order to ensure success of its foreign . . . Read more »
A previously little-known locality of Jhapa spreading across areas of Kamal Rural Municipality and Gauradaha and Damak municipalities has caught national attention due to its high economic . . . Read more »
Behind this worldwide football euphoria and the curiosity about who will lift the trophy, are the economic benefits the host country, the governing body Fédération Internationale de Football . . . Read more »
Sports is also an indicator of a country’s societal and economic development. The performance of players in international competitions reflects the state of development. Nepal has not reached the stage where we can execute plans related to sports in well managed . . . Read more »
Nepal needs massive investment for its economic growth. We should be very careful while designing economic policies that must support the long-term economic growth objectives of the government. The current level of investment, though meeting the annual target set by the . . . Read more »
Times are hard for Nepali banks and financial institutions (BFIs). They have been struggling with the ongoing shortage of loanable funds which started in December 2017. From construction of . . . Read more »
The shortage of loanable funds has been caused by several factors. The outflow of Nepal is for overseas work opportunities has declined in recent time which can be attributed to the recent political developments that has been signaling political stability in the . . . Read more »
In Nepal, there is a tendency of revolving around the same issues instead of searching for the options to come out of the troubles. We have been continuously hearing about issues like sluggishness in capital expenditure, swelling trade deficit and distributive budget since 2048 . . . Read more »
This article discusses the top 30 Nepali business houses, highlighting their history, growth, diversification, management practices, political connections, controversies, and future expansion plans. . . . Read more »
Intellectual Property Right (IPR) plays a vital role for economies to thrive in today’s competitive world. Countries have been adopting rigorous legal and technical measures to secure the . . . Read more »
A trademark often referred to as a ‘creation of the mind’ is an intellectual property. UK law defines a trademark as “a sign capable of being represented graphically which is capable of . . . Read more »
Intellectual Property (IP) is an essential tool for the economic development of any country. Four factors that drive the engine of IP smoothly are creation, promotion, protection and use of IP. In Nepal, there is no dearth of creative activities coming out from academic and research organisations as well as technical professionals who produce literary, artistic, musical and scientific . . . Read more »
There is a growing sense of realization among Nepali employers that focusing only on activities including production, sales and marketing, for example, are largely insufficient to meet the . . . Read more »
The traditional mindset still prevails in many organisations when it comes to human resource management. It sees people as liabilities whereas the modern philosophy of HRM takes people as the most important asset in the . . . Read more »
The frustration of people is generally directed towards the lack of career growth opportunities. People keep on working but are unaware about the next step for growth. This is so partly because many organisations have failed to design clear career paths for their employees and communicate with them. . . . Read more »
Economies have thrived expanding their manufacturing base by reforming industrial policies, diversifying outputs, scaling-up production processes and systems, attracting global investments and . . . Read more »
Cost of doing business in Nepal has gone up for everybody whether exporters, importers or domestic-based producers. For the export market, fulfilling business commitments in time and remaining competitive is difficult. It may diminish our preferential value. . . . Read more »
Access to healthcare for the average Nepali has significantly improved in the last three decades. The increasing availability of better healthcare services in the country has led to a rise in almost . . . Read more »
The main challenge in the health sector is that people have to bear all the expenses of the health care in Nepal. Opening such a big institution definitely brings more patients and causes more stress. The patients are more stressed when they have to pay more than their . . . Read more »
What does it take to become a successful entrepreneur? How can a small venture starting from scratch take centre-stage in the world of business? How can young people realise their ideas in business . . . Read more »
It’s been over 2,500 years since Gautam Buddha enlightened the world with his teachings encouraging people to follow the path of non-violence, truthfulness and righteousness. More than two and a . . . Read more »
One requires honesty and credibility to run a successful business. We at CE try to strive for this as much as possible; we avoid taking any bad action against anyone. There is no unhealthy competition between us and our competitors nor do we have any negativity towards . . . Read more »
The universal definition of management is to manage tactfully. In Buddhism too, the meaning is not that different. It refers to management of life. Buddha’s main concern was to understand how to manage the life that we live, in order to be able to gain the maximum benefit from our lives. . . . Read more »
It’s been a glorious 25 years of Unilever in Nepal. Unilever Nepal Limited (UNL) has seen several ups and downs in this journey, ultimately establishing itself as perhaps the largest FMCG . . . Read more »
Nepali FMCG sector is a mixture of importers and unorganised players who mostly infringe the IPRs and also don’t comply with local rules in letter or spirit. To accelerate the FMCG sector’s growth, Nepal requires big investments in local manufacturing, marketing, capability of people and distribution . . . Read more »
FMCG sector has championed the Nepali manufacturing establishment. Now with the right set of policies and an environment conducive to business, Nepali FMCG brands aim high to take on the . . . Read more »
With the growing income of the lower and middle class people, the market is growing. Many FMCG products are somewhat essential in nature, particularly the products with market brands. All FNCG companies in the country are doing very well. . . . Read more »
Known to many as ‘a country of villages’ just a few decades ago, Nepal is witnessing a rapid shift in rural and urban demographics. The change in demographics is attributed to the internal . . . Read more »
Planned urbanisation has become a priority development agenda for the government and political parties lately. This is because of the rapid urbanisation due to the sharp increase in the urban . . . Read more »
Insurance is familiar to the general people of insurance of car, buildings and contents and life insurance. Insurance, in law and economics, is a form of risk management primarily used to hedge . . . Read more »
Insurance Sector
Towards Golden Days
The interest of general public towards insurance over the last few years has grown as more Nepalis are looking to get . . . Read more »
FOREIGN DIRECT INVESTMENT
Some Policy Issues
Things have been progressing quite encouragingly following the March 2-3 mega-event that was the Nepal Investment Summit 2017 organised by the Ministry of Industry. Investors, mostly foreign, . . . Read more »
Nepal has entered into a new era of policy reform. We call it the second generation reform. We have seen the changes over the past five to six months in this regard. The government has brought different policies and Acts to improve the investment climate in the . . . Read more »
INVESTMENT IN NEPAL
Materialising the Opportunities
Of late, both the public and private sectors seem to have realised the importance of infrastructure growth and investment. While the Confederation of Nepalese Industries (CNI), a major umbrella . . . Read more »
Infrastructure has various effects on an economy. Primarily, infrastructure stimulates economic development by encouraging production activities. It produces various crowding in effects, including in production activities and quality of life for households, which thus benefits the entire society. . . . Read more »
The undertaking was aimed at informing potential foreign investors about the recent reforms at the policy level and conveying the message that Nepal is a suitable destination for doing business. On . . . Read more »
Lack of basic infrastructures has forced us to witness economic growth averaging 4 percent over the last one decade. The infrastructure gap has directly hurt development activities. As we are aspiring to reach the level of middle-income nations by . . . Read more »
Nepal which used to be mostly dependent on the import of iron and steel construction materials over a decade ago now seems to be on the way to become self-sufficient in such products. Steel bars, . . . Read more »
The industrialisation of Nepal gained momentum after the political changes in 1990. The liberal and open market policies helped the industries to grow. Nevertheless, the Maoist insurgency put a major roadblock in the pace of the country’s . . . Read more »
The years since 2015 are considered to be historic for the Nepali tourism sector. The years marked the golden jubilee celebrations of some important hotels and tourism related organisations that . . . Read more »
Airlines are essential to the tourism industry of any country. Maintaining quality of services in the airlines is important to ensure a healthy inflow of tourists. The quality of an airliner doesn't just depend on serving good food and providing a glass of . . . Read more »
The word ‘self-sufficiency’ has become a well worn cliché when it comes to industrial development in Nepal. Given the steep decline in industrial activities over the past one and half decades . . . Read more »
Nepali cement manufacturers started their business at a very hard time during the Maoist insurgency around 15-16 years ago. They are still facing a lot of problems. Nevertheless, gradually with the increasing market the number . . . Read more »
Many companies in Nepal are engaged in various activities of social importance. From education and health, livelihood of marginalized communities, infrastructure development in rural areas, . . . Read more »
At present, many businesses in Nepal have integrated CSR and philanthropic activities into their day-to-day operations. The consciousness of social responsibility has led them to share their profit with the . . . Read more »
Badly affected by last year’s twin shocks that came in the form of the April and May earthquakes and India's border blockade, the Nepali automobile market is in recent months recovering in a fast . . . Read more »
ARE WE CATCHING UP
WITH THE WORLD
Nepali Business Houses in New Economy
One of the characteristics of Nepali business houses is that they like to be omnipresent, in every sector, in all parts of the country and even may be . . . Read more »
Investment for Change
Envisioning Nepal's Economic Prospetrity
‘Change’ has become an overhyped buzzword in Nepal with the country going through various political and social changes over the past few decades. And these changes have so far failed to translate . . . Read more »
Glimpses of 3rd NewBiz Business Conclave & Awards . . . Read more »
Chiranjilal Agrawal has played a big role in bringing Nepali industries in general and his family’s own MC (Madanlal-Chiranjilal) Group of Companies to today’s position. He worked continuously to . . . Read more »
It is no secret in today’s world that it is the business community and the entrepreneurs who move the countries ahead. The government must act not as a doer but as facilitator, a promoter and motivator. We need to convey this message not only within the country . . . Read more »
Nepal still lacks a sound business environment as the country is passing through difficult times. Despite this, we have been able to move forward with our hopes latched onto the economy and the . . . Read more »
I express my sincere gratitude towards New Business Age for the award. This has encouraged me to become more active. Our group has been active across multiple business sectors for the last 97 years. . . . Read more »
The programme was very effective and inspirational. All the sessions and especially the panel discussion gave a positive message that there are immense business opportunities in Nepal. . . . Read more »
The government’s decision to prioritise the production and transmission of domestic ads over foreign made ads could be a watershed moment for the domestic ad industry. How will it face the new . . . Read more »
Advertising has become something of a culture at present. The concept of advertising has been firmly established in the business sector in that businesses need to advertise their products and services in order to prosper. . . . Read more »
Brand management is an integral part of any marketing campaign. If we can handle the brand management side effectively, advertisements will become more efficient. The agencies as well as the advertisers should have the knowledge about fundamentals of . . . Read more »
The Nepali stock market has been on a bull run setting new records in recent months. Led by the banks and financial institutions alongside insurance companies, the NEPSE Index has been reaching new . . . Read more »
With the country facing a severe economic recession due to last year’s devastating earthquake and Terai stir, Nepal is in need of all kinds of initiatives from the government including the policy . . . Read more »
With the promulgation of the new constitution, Nepal has adopted federalism as its administrative system, effectively doing away with its earlier five development regions and 75 districts. The . . . Read more »
The Investment Board and the Ministry of Industry of Nepal have jointly brought out a new guide for investment in Nepal. This follows earlier guide that UNCTAD and ICC had jointly brought out in . . . Read more »
Nepal abounds in huge new market segments. But, so far, not much has been done. It's high time we analyse these sectors and start appropriate measures to harness this vast untapped potential to make . . . Read more »
The good news is the domestic pharmaceutical industry is in good health, despite the massive earthquake of April 25 last year and the ongoing unofficial blockade by India. It’s not that these . . . Read more »
The high Himalayan range in Nepal’s north has always served as a natural barrier prompting the country to trade more across its flat border with India, but the latter’s current blockade against . . . Read more »
Will Nepal now learn to not just talk the talk but actually walk the walk when it comes to making the country’s economy more self-reliant as it suffers under the yoke of economic dependency? The . . . Read more »
Besides a time for fun and enjoyment, festivals have also increasingly become occasions for brisk business. No wonder the Nepali economy is often described as a festival-driven economy. . . . Read more »
It’s not going to be easy for banks to comply with the new NRB directive for minimum paid-up capital. However, the banks seem to have no alternative other than to pull themselves up by their . . . Read more »
We took the step so that the capital base of banks widens and small shocks and risks do not affect them. We also want banks to be able to finance big projects on their own without having to seek co-financers; when the paid-up capital increases a bank’s single obligor limit (SOL) is also raised. . . . Read more »
As a democratic country, what sort of economic policies should Nepal adopt? Shouldn’t the new constitution clearly define such policies? Can the proposed constitutional provisions concerning the . . . Read more »
In a roundtable discussion on the draft constitution titled Economic Concerns in the Draft Constitution organised by Samriddhi, The Prosperity Foundation and Nepal Economic Forum (NEF) experts discussed the importance of having a sound economic stance along with social and development related issues in the . . . Read more »
As Nepal gears up for the reconstruction phase post earthquake, experts anticipate a healthy growth for the country’s construction industry. . . . Read more »
“We anticipate at least a 40 percent growth in cement . . . Read more »
The devastating 7.6 local magnitude (ML) Gorkha earthquake which struck Nepal on April 25 and the subsequent aftershocks have caused more than 30,000 casualties including over 8,600 deaths. In . . . Read more »
Forty-one percent (7,532) schools out of 18,289 were completely destroyed in 49 districts, but 4,650 schools are affected in 14 major-hit districts. 2,106 toilets and 1,363 drinking water fountains in schools were also . . . Read more »
Fourteen of the country’s 75 districts were hit hardest by the quake. Districts like Dolakha have been completely devastated. However, even districts where the physical damage is quite low, such as Rupandehi, are facing the economic fallout. . . . Read more »
Cement production in Nepal has been growing sharply over the past few years. The industry is among the country's most flourishing business sectors as the demand of cement is constantly rising. The . . . Read more »
The cement industry in Nepal is in the growing phase. Nepal is in the initial phase of infrastructural development. There are about 40-50 cement industries in existence in the country. The cement industry has immense scope. . . . Read more »
The Nepali passenger vehicle market has registered a staggering growth. The market of cars and sports utility vehicles (SUVs) has been growing fast in recent years and new passenger vehicle brands . . . Read more »
With the increasing demand of new television technologies, high-end TV market in Nepal is expanding at a rapid pace. Fuelled by the rise of tech-savvy young population, rising per capita income and . . . Read more »
Nepal is an increasingly growing market for most foreign airlines operating in the country. This growth is fuelled mainly by the increasing outflow of migrant workers, and, to some extent, the gain . . . Read more »
With the growing tech-savvy population, Nepal's gadget market now has the presence of almost all global and regional smartphone brands. Despite being a small market, Nepal is getting more lucrative . . . Read more »
Samsung is the number one mobile phone brand in the world, with highest market share in total mobile phone sales and highest market share in total smartphone sales. One of the reasons behind its high popularity is that the company is investing millions of dollars every year for research . . . Read more »
Almost all stakeholders of Nepal’s hydropower sector are highly encouraged and enthused by the signing of the Power Trade Agreement (PTA) between Nepal and India and the Power Development Agreement . . . Read more »
The startup scene in Nepal has changed significantly over the last five–seven years, with new and young entrepreneurs coming up with innovative ideas every year. Today, though there is no official . . . Read more »
echnology sector is all about innovation. Coming up with new ideas only is not just enough for tech entrepreneurs. To sustain growth they must constantly innovate themselves. . . . Read more »
Nepal is ideally located between India and China to work as a golden land-bridge between them and facilitate their bilateral trade. But for this to happen, all three countries must focus on Nepal's . . . Read more »
Following its “New Silk Roads” policies to improve connectivity with neighbouring countries in Asia, China proposed earlier this year to establish a “Trans-Himalaya Economic Region” to be led by India and . . . Read more »
Regional cooperation presupposes land connectivity in order to benefit from the economics of geography. During the British Rule in India, South Asia, for all practical purposes, was one economy with freedom of movement of not just goods but also peoples and means of transportation. . . . Read more »
To transform Nepal from a landlocked country to a land-linked nation, we have only two potential mediums available so far. One is the railway link and the other is the road . . . Read more »
We do see this possibility. Laos is an example for us. It’s also a landlocked country like Nepal. They have built major highways connecting the country with Vietnam, Cambodia and Thailand. . . . Read more »
‘Nepal does have natural resources. They are of course our growth potentials but not necessarily the key element needed for our future economic growth. The key element is human resource; the . . . Read more »
The theme of this conclave which is ‘Unlocking Nepal’s Growth Prospects’ is very timely. It is often presumed that for fast economic growth, a country needs a good natural resource . . . Read more »
Nepal Electricity Authority (NEA) and Nepal Oil Corporation (NOC) are two energy monopolies of the state which, everyone agrees, have grown sick to the core and need serious overhauling. Both were . . . Read more »
