Economy and Policy

Ethical Leadership in Banking Sector

Ethical Leadership in Banking Sector

March 2024   
By prioritising ethical conduct, banks foster trust, inspire customer confidence, and ensure the long-term sustainability of both the institution and the financial . . . Read more »


Kathmandu’s Drinking Water Woes

Kathmandu’s Drinking Water Woes

March 2024   
Kathmandu Valley needs effective water management strategies, such as storing monsoon rainwater for utilisation during the dry . . . Read more »


Impact of Indigenous Products on Economic Mobility

Impact of Indigenous Products on Economic Mobility

March 2024   
Governments and policymakers should acknowledge the importance of indigenous goods and back initiatives that promote their production and . . . Read more »


UN Agendas and Nepal

UN Agendas and Nepal

The consequences faced by the Himalayas, particularly the loss of snow cover on mountains due to global warming, call for urgent . . . Read more »


Assessing Impacts of News on Stock Market

Assessing Impacts of News on Stock Market

Market reactions to news can vary significantly as impacts depend on how the information is interpreted and when it is . . . Read more »


Private Sector Participation in Hydropower Sector

Private Sector Participation in Hydropower Sector

The government should issue licences only to genuine developers and revoke licence from those who lack the essential . . . Read more »


AI in the Workplace

AI in the Workplace

An inclusive environment for human labour and AI can be fostered through education and ethical . . . Read more »


Valuation Practices in the PE/VC Industry in Nepal

Valuation Practices in the PE/VC Industry in Nepal

. . . Read more »


Emerging Risks

Emerging Risks

The uncharted territory for insurance in a tech-driven . . . Read more »


The Economics of Potable Water

The Economics of Potable Water

The bottled water industry is seen as a promising avenue for Nepal to reduce its trade deficit by boosting . . . Read more »


Revitalising Nepali Economy

Revitalising Nepali Economy

Learning from economic giants in the neighbourhood to shape Nepal's . . . Read more »


The Secrets Behind Singapore's Success

The Secrets Behind Singapore's Success

Singapore's resilience and unique governance model continue to position it as a global economic . . . Read more »


PE/VC Ecosystem and its Players in Nepal

PE/VC Ecosystem and its Players in Nepal

The efforts of PE/VC firms, government bodies and other stakeholders are forging a pathway towards comprehensive economic empowerment and sustainable . . . Read more »


Unlocking Growth of SMEs in Nepal

Unlocking Growth of SMEs in Nepal

Nepal boasts more than 923,000 registered businesses, with a substantial 90% falling under the MSME category, contributing to 45% of total . . . Read more »


Inflation Hits the Kitchen

Inflation Hits the Kitchen

Households are facing the heat as prices of major food items have seen a significant . . . Read more »


Nepal’s Climate Crisis

Nepal’s Climate Crisis

Guterres takes a stand on impacts of climate change in the . . . Read more »


Challenges Confronting Managers

Challenges Confronting Managers

In an era of rapid workplace changes, managers are facing the intricate challenge of monitoring and enhancing team . . . Read more »


From Opportunities to Investments

From Opportunities to Investments

PE/VCs Deal Sourcing and Due . . . Read more »


Provident Funds for the Economy

Provident Funds for the Economy

Optimising investment patterns is crucial in navigating challenges that provident fund schemes are . . . Read more »


Unlocking Nepal's Tea Potential

Unlocking Nepal's Tea Potential

The indifference to recognizing tea as a high-value cash crop may be attributed to its presence in the country as an inexpensive and ubiquitous . . . Read more »


Sources of Foreign Exchange Earnings

Sources of Foreign Exchange Earnings

Export of services, export of goods, international tourism receipts, and foreign direct investment are Nepal’s forex . . . Read more »


PE/VC: Transforming Industries and Fuelling Economic Growth

PE/VC: Transforming Industries and Fuelling Economic Growth

The rise of PE/VC investments in Nepal is a testament to the country's potential for economic growth and . . . Read more »


The Untapped Potential of Mahakali River

The Untapped Potential of Mahakali River

With lengthy discussions but not concrete actions taken, this potentially transformative project has remained an unrealized aspiration for both . . . Read more »


Foreign Aid Conundrum

Foreign Aid Conundrum

Nepal needs to reevaluate its approach and prioritise the utilisation of foreign aid for capital . . . Read more »


The Exodus of Nepali Youth

The Exodus of Nepali Youth

The mass departure of Nepali youth presents a big challenge to the country's economic . . . Read more »


Navigating the Treacherous Journey of Economy

Navigating the Treacherous Journey of Economy

There is a looming fear of Nepal losing further market access as the country is on the path to graduating from the category of LDC in just two and a half . . . Read more »


What Makes Finnish Educational System Special

What Makes Finnish Educational System Special

Finland has earned the distinction of having the most egalitarian educational system in the world with the smallest difference between its lowest and top . . . Read more »


Nepal's Investment Renaissance

Nepal's Investment Renaissance

Private Equity and Venture Capital are playing pivotal roles in strengthening SMEs, attracting local private and international investment, and fostering . . . Read more »


Taming Koshi

Taming Koshi

Nepal can benefit from the waters of Saptakoshi, particularly in flood safety, irrigation benefits, hydropower production, and waterway access to the Bay of . . . Read more »


Nepali Money Market Landscape

Nepali Money Market Landscape

A collaborative approach involving the government, banks, and the central bank is a must for a robust money . . . Read more »


Human Resources Policies of Emerging Nations

Human Resources Policies of Emerging Nations

How Finding and Retaining the Right Talent Transforms . . . Read more »


Tackling Food Insecurity

Tackling Food Insecurity

Nepal can improve food supply and boost exports by increasing staple crop production and promoting high-value . . . Read more »


Let's Clean Up Nepal

Let's Clean Up Nepal

Fostering a Greener Future for . . . Read more »


Call to Depoliticise Tribhuvan University

Call to Depoliticise Tribhuvan University

Nepotism and favouritism now run rampant within TU, undermining the environment for effective teaching and . . . Read more »


Resilient Economy for a Prosperous Future

Resilient Economy for a Prosperous Future

With a focused and concerted effort, Nepal can overcome its obstacles and emerge as a resilient and prosperous . . . Read more »


Securing Cyberspace

Securing Cyberspace

Education, infrastructure key to building a cyber safe . . . Read more »


Embracing ESG Reporting

Embracing ESG Reporting

Paving the way for sustainable investing in . . . Read more »


A Roadmap for Development

A Roadmap for Development

Effective management of capital expenditure is needed for better returns on . . . Read more »


TIFA and the Nepal-US Trade

TIFA and the Nepal-US Trade

Nepal needs to intensify new rounds of negotiations to obtain grace periods for preferential market access after its graduation from . . . Read more »


Navigating the Way Forward in Nepal-US Trade

Navigating the Way Forward in Nepal-US Trade

Nepal must negotiate with US for trade preferences to rekindle the glory days of . . . Read more »


Unlocking Nepal’s Potentials

Unlocking Nepal’s Potentials

July 2023   
. . . Read more »


Boosting Capital Expenditure

Boosting Capital Expenditure

July 2023   
. . . Read more »


Growing Up Fast

Growing Up Fast

July 2023   
. . . Read more »


Decoding Tax Anomalies

Decoding Tax Anomalies

July 2023   
. . . Read more »


Harnessing the Demographic Dividend

Harnessing the Demographic Dividend

June 2023   
The workforce retention problem in Nepal is a long-standing national issue, with an increasing number of young Nepalis leaving the country for education or employment abroad. Efforts to address the . . . Read more »


Insights from the 2021 Census

Insights from the 2021 Census

June 2023   
This article discusses the interrelation between population dynamics and employment in Nepal. The population growth rate has declined in recent years, and the changing nature of the population will . . . Read more »


Easing the Burden

Easing the Burden

June 2023   
Banks in Nepal have decided to lower their interest rates on deposits, providing relief to borrowers who have been burdened by high interest rates for nearly a year. The reduction in rates offers . . . Read more »


Jobs, More Jobs, and Better Jobs: Key Agenda for the 2080 Decade

Jobs, More Jobs, and Better Jobs: Key Agenda for the 2080 Decade

MAY 2023   
Nepali society benefits when more people become productive and contribute to the country’s . . . Read more »


Reimagining Nepal’s Human Capital

Reimagining Nepal’s Human Capital

MAY 2023   
The global Nepalis will bring . . . Read more »


Shifting Towards Knowledge Economy: Sanjaya Golchha

Shifting Towards Knowledge Economy: Sanjaya Golchha

MAY 2023   
Nepal has the potential to meet the global demand for back-office . . . Read more »


Embracing the Future: By Dr Prativa Pandey

Embracing the Future: By Dr Prativa Pandey

MAY 2023   
The fourth industrial revolution (4IR) and rapid digital transformation have the potential to bring about significant changes in emerging economies like Nepal, increasing productivity and promoting . . . Read more »


Education and New Economy: By Aswin Parajuli

Education and New Economy: By Aswin Parajuli

MAY 2023   
The modern education system has failed to keep up with the needs of the new economy, which is characterized by knowledge as the decisive factor of production. Despite the introduction of formal . . . Read more »


The Future of Employment: By Rajendra Prasad Koirala

The Future of Employment: By Rajendra Prasad Koirala

MAY 2023   
This article discusses the concept of the fifth industrial revolution, also known as Industry 5.0, which focuses on the "internet of bodies" and "bionic augmentation" for the betterment of society . . . Read more »


Sustainable Development Through River Cooperation BY Rajendra Prasad Adhikary

Sustainable Development Through River Cooperation BY Rajendra Prasad Adhikary

MAY 2023   
This article highlights the importance of the United Nations High Seas Treaty for regional water resource development. It discusses the impact of climate change on the monsoon rains and freshwater . . . Read more »


Women and Trade BY Dikshya Singh

Women and Trade BY Dikshya Singh

MAY 2023   
This article highlights the multiple barriers faced by women entrepreneurs in scaling up their businesses, particularly in accessing international trade. Women-led firms, in addition to general . . . Read more »


Safeguarding Nepali Eeconomy

Safeguarding Nepali Eeconomy

APRIL 2023   
Despite establishing trade relationships with nearly 150 countries worldwide, Nepal depends on India for over 75% of our essential goods, including food, fuel, medicine, and chemical fertilisers. . . . Read more »


Repercussions of Disaster

Repercussions of Disaster

APRIL 2023   
The probability of disasters occurring worldwide is increasing. The Annual Weather, Climate, and Catastrophe Insight Report 2023 revealed that natural catastrophes alone resulted in $313 billion in . . . Read more »


Is a Financial Crisis Looming in Nepal?

Is a Financial Crisis Looming in Nepal?

MARCH 2023   
The Nepali financial sector is at the crossroads. While the commercial banks are facing an increasing volume of non performing assets (NPA) and on and off liquidity crunch, high interest rates have . . . Read more »


Organised Street Vending

Organised Street Vending

MARCH 2023   
The vibrant city life of old Kathmandu, characterised by street vendors selling fruits and vegetables and farmers carrying their kharpans - a pair of baskets slung on a pole and carried across the . . . Read more »


Social Consequences of Divorce

Social Consequences of Divorce

Divorce rates are on the rise worldwide. Sociologists have identified significant differences in the causes of divorce across different countries and regions. Adultery is a leading cause of divorce . . . Read more »


Coexisting with Nature

Coexisting with Nature

Recent international conferences in Egypt and Montreal focused on addressing the climate crisis and protecting biodiversity. The outcomes of these conferences, including plans for global emission . . . Read more »


Women's Hardships in Informal Economy

Women's Hardships in Informal Economy

One can easily get glimpses of the informal economy while passing through the streets of Kathmandu. From street vendors to home-based workers, the informal economy accounts for economic activities . . . Read more »


The Emergence & Evolution of Privatisation

The Emergence & Evolution of Privatisation

An industry or business becomes privatised when it is moved from public to private ownership. The area of the economy that is managed by governmental organisations is known as the public . . . Read more »


Nepal Needs to Invest in CLIMATE-RESILIENT Infrastructure

Nepal Needs to Invest in CLIMATE-RESILIENT Infrastructure

As a developing country in the global south, Nepal is one of the most vulnerable countries to climate change. Various reports have shown that it is often the lower-income countries that are at . . . Read more »


River Diversion can be a Milestone in Country’s Agro-economic Growth

 River Diversion can be a Milestone in Country’s Agro-economic Growth

Of the 225 billion cubic metres of surface water obtained yearly from the monsoon rain and snow melt, less than 10% are in productive utilisation within the country’s boundary. Remaining flow as . . . Read more »


Prioritising Digital Literacy for Women Entrepreneurs

Prioritising Digital Literacy for Women Entrepreneurs

In recent decades, technological revolutions have occurred at an ever-increasing pace. People use the Internet and digital technologies to access social media, education, businesses, healthcare, . . . Read more »


The Economic Miracles of Japan After World War II

The Economic Miracles of Japan After World War II

Japan's transformation into a major economic force in less than 40 years following the end of World War II has been a somewhat exceptional outlier in the history of contemporary economics. . . . Read more »


Waking Up to Climate Change

Waking Up to Climate Change

With the increasing incidents of loss of human lives and property by natural disasters, Nepal ranks fourth in the Global Climate Risk Index which analyses the extent to which countries have been . . . Read more »


Some Measures to Reduce Fuel Consumption

 Some Measures to Reduce Fuel Consumption

Fuel includes diesel, petrol, kerosene, gas, and even aviation fuel, all of which we import, and which are sold through Nepal Oil Corporation. When there is no fuel, the factory does not run, the . . . Read more »


Slower Yet Gradual Growth Expected for Nepal Amid Global Challenges

 Slower Yet Gradual Growth Expected for Nepal Amid Global Challenges

MAY 2022   
Nepal’s economy, led by recovery of the services sector amid high COVID vaccination rates, is expected to grow by 3.7% in the current fiscal year and 4.1% in . . . Read more »


NEPAL LEADERSHIP SUMMIT : Why the Roadmap is not Implemented Yet?

NEPAL LEADERSHIP SUMMIT : Why the Roadmap is not Implemented Yet?

APRIL 2022   
Birgunj is a place whose economic dimensions are related to the development of the overall economy. Being the main gateway of the country, there is no doubt that the development of Birgunj will be . . . Read more »


SOUTH KOREA AND TAIWAN : Stalwarts of Tiger Economy

SOUTH KOREA AND TAIWAN : Stalwarts of Tiger Economy

APRIL 2022   
China, Hong Kong, Japan, Macau, Mongolia, North Korea, South Korea, and Taiwan are all part of East Asia. Favourable political and legal conditions for industry and commerce, as well as vast natural . . . Read more »


Nepali Contractors Lack Expertise and Experience to Bag Contracts Under MCC

Nepali Contractors Lack Expertise and Experience to Bag Contracts Under MCC

APRIL 2022   
Although Prime Minister Sher Bahadur Deuba called upon the Nepali construction companies to take maximum benefit from the Millennium Challenge Corporation (MCC) ratified by the parliament, it is . . . Read more »


CONNECTIVITY IN SOUTH ASIAN SUB-REGION : Delusion or Reality

CONNECTIVITY IN SOUTH ASIAN SUB-REGION : Delusion or Reality

APRIL 2022   
The South Asian Sub-regional Economic Cooperation (SASEC) was established in 2001 as the offshoot of SAARC, aimed at enhancing economic cooperation among its four member countries- Nepal, Bhutan, . . . Read more »


The Monopoly of Transporter in Overseas Trade

The Monopoly of Transporter in Overseas Trade

APRIL 2022   
In the last five years, many competitive initiatives have been taken to facilitate the transportation system of Nepal's overseas trade. As competition grows, so does the cost of . . . Read more »


The Swelling Trade Deficit of Nepal

The Swelling Trade Deficit of Nepal

APRIL 2022   
The journey along the trade deficit of Nepal has been a long and bumpy phenomenon. Yet there is no sign of a low tide in Nepal's trade deficit. Historical data on the ratio of the trade deficit to . . . Read more »


The Growth DILEMMA

The Growth DILEMMA

MARCH 2022   
Growth is an effect; capacity development is the cause of the . . . Read more »


POLITICAL PARTIES : A Picture of Sleaze

We used to see political leaders walking around in torn slippers just a few years ago. How on earth have they become billionaires now in an interval of just five to 10 . . . Read more »


What Causes Interest Rate Volatility in Nepal?

What Causes Interest Rate Volatility in Nepal?

Our inability to hold money is creating a liquidity problem which has contributed to the increase in lending . . . Read more »


Can We Enlarge the Choices for the People?

Can We Enlarge the Choices for the People?

Despite all the political rhetoric, the crucial challenges before the country are alleviating hardship, reducing poverty and achieving decent living . . . Read more »


Bureaucracy : An Agenda for Reforms

Bureaucracy : An Agenda for Reforms

The Covid-19 pandemic witnessed a cataclysmic failure of bureaucrats to reach out to the masses in time in terms of men, materials, medicines and . . . Read more »


Pandemic Stimulus : Effects on Emerging Markets

 Pandemic Stimulus : Effects on Emerging Markets

EMs have a big challenge in hand, as to how to handle the situation and accelerate the process of growth over the next 12 to 18 . . . Read more »


BUSINESS REDEFINED

BUSINESS REDEFINED

People involved in business need to be mindful of developments taking place around the globe- both threats as well as . . . Read more »


Nepal's Foreign Policy : Then and Now

Nepal's Foreign Policy : Then and Now

Nepal needs a new approach to foreign policy to make its presence felt on the global . . . Read more »


Making Inroads to Clean and Green Energy

Making Inroads to Clean and Green Energy

Countries around the world are making a mark in the realm of clean and green energy in an effort to contain and reverse the process of climate . . . Read more »


Suggestions to HR Professionals in Technology Sector

Suggestions to HR Professionals in Technology Sector

Utilisation of available technologies and deploying new techniques in human resources management has become important in talent retention and productivity growth of . . . Read more »


CHINA AND INDIA : A Tale of Two Economies

 CHINA AND INDIA : A Tale of Two Economies

China and India have come a long way to become leading economic powers of the world. The countries will continue to spur on the global economy while pursuing their national interests and . . . Read more »


Future Aircraft for Nepal Airlines Corporation

Future Aircraft for Nepal Airlines Corporation

Fleet expansion is undoubtedly a necessity for NAC in a pos- pandemic . . . Read more »


Connecting the Dots in Multimodal Terminals

Connecting the Dots in Multimodal Terminals

The idea of connectivity in eastern South Asia, gained pace with the signing of the BBIN Motor Vehicle Agreement (MVA) in . . . Read more »


Towards Recovery and Revival of Tourism Industry

Towards Recovery and Revival of Tourism Industry

Travel, tourism and hospitality businesses are going to need to STEP up to face the challenges of the . . . Read more »


Efficacy of IBC in the Indian Financial Market

Efficacy of IBC in the Indian Financial Market

The government of India had introduced IBC in 2016, which would consolidate the existing framework and create a new institutional . . . Read more »


Economic Development with Social Values

Economic Development with Social Values

All these changes seen in all walks of life including families can be attributed to the disproportionate emphasis being given by us on material possession and . . . Read more »


Towards a Foreign Investment Haven

Towards a Foreign Investment Haven

June 2021   
When a country is at war with its neighbours, it hits investment and trade. Nepal is in a comfortable position to attract investment from its major neighbours, India and China, as there is no tussle . . . Read more »


TRANSPORT INFRASTRUCTURE Enablers of Multimodal Connectivity

 TRANSPORT INFRASTRUCTURE Enablers of Multimodal Connectivity

June 2021   
Integration of various modes of transport, and the transport corridors is gaining pace in a bid to reduce the cost of delivery of goods and achieve efficiency in international trade. The process is . . . Read more »


CAPTIVATING NEIGHBOURS

CAPTIVATING NEIGHBOURS

May 2021   
Nepal could be a conduit for linking the rest of South Asia with China and further north with central Asian . . . Read more »


Staving Off the ECONOMIC CRISIS

Staving Off the ECONOMIC CRISIS

May 2021   
In addition to strengthening the healthcare system during the pandemic, the budget for the upcoming fiscal year 2021/22 should also focus on creating jobs by expediting development projects and . . . Read more »


NEPALI ECONOMY : SLIPS INTO RECESSION

 NEPALI ECONOMY : SLIPS INTO RECESSION

April 2021   
Never in its history has Nepal gone into a contraction of this kind and extent. It will require a big effort to take the economy out of the current . . . Read more »


BOOK BUILDING METHOD IN IPOS

BOOK BUILDING METHOD IN IPOS

April 2021   
This new method of share issuance can pave the way for the future growth of the Nepali stock . . . Read more »


Transparency in Mergers : An Employee Perspective

Transparency in Mergers : An Employee Perspective

March 2021   
In Nepal, merger and acquisitions (M&As) is practiced mainly in the banking sector. Following the directives issued by the Nepal Rastra Bank (NRB) in the Monetary Policy for FY2015/16 which required . . . Read more »


Investing in AGRIBUSINESS in Nepal

Investing in AGRIBUSINESS in Nepal

March 2021   
Market studies and assessment of investment opportunities in Nepal often cite agriculture as a priority sector. Reasons include the predominant role of agriculture in the Nepali economy, the . . . Read more »


To Graduate, or Not to Graduate

To Graduate, or Not  to Graduate

March 2021   
What will happen to international support measures once Nepal graduates from the league of least developed countries (LDCs) to that of developing nations? This is the question hovering over Nepal as . . . Read more »


NRB’s Consultation Paper on Payment in Foreign Exchange

NRB’s Consultation Paper on Payment in Foreign Exchange

March 2021   
Unveiling the Monetary Policy for Fiscal Year 2020/21, Maha Prasad Adhikari, governor of Nepal Rastra Bank (NRB) announced that arrangements will be made for granting exchange control facility to . . . Read more »


After a Year of Disappointments

After a Year of Disappointments

The threat of the disease is still there and the government recently confirmed that a new strain of coronavirus that originated in the UK has arrived in Nepal. This strain of virus is said to be much . . . Read more »


Taking a Journey to Paperless Trade

Taking a Journey to Paperless Trade

The first industrial revolution started in the early 18th century with the invention of the steam engine and the mechanisation of the production process. The use of machines in production helped to . . . Read more »


Removing the Constraints in Transit Transport and Trade Facilitation

Removing the Constraints in Transit Transport and Trade Facilitation

When it comes to trade and transit, Nepal as a land-locked country faces problems in multiple areas. The problems are related to policy, institutional, infrastructure, legal and procedural matters, . . . Read more »


Recommendations for Monetary Policy Implementation

Recommendations for Monetary Policy Implementation

Despite several severe shocks in the past such as conflicts, unstable governments, earthquakes, and trade disruptions, Nepal has made strong progress in reducing poverty and boosting shared . . . Read more »


Fiscal Stability in Emerging Markets

Fiscal Stability in Emerging Markets

There is a long-standing debate if fiscal dominance is more important than fiscal stability in the emerging economies. I will make an attempt to appreciate this issue with reference to India, as a . . . Read more »


A Journey from Queues to Computers

A Journey from Queues to Computers

The story of the securities market in Nepal officially began with the issuance of shares by Biratnagar Jute Mills Ltd. and Nepal Bank Ltd. in 1937. The Companies Act of Nepal was introduced in 1964, . . . Read more »


Various Aspects of Aircraft Leasing

Various Aspects of Aircraft Leasing

Aircraft leasing is a common practice in the airline industry. The primary reason behind aircraft leasing is the high monetary value of an aircraft. An outright purchase has various implications, . . . Read more »


Contribution of Mountains to the Tourism Economy

Contribution of Mountains to the Tourism Economy

For a long time, the lofty mountains in Nepal have been attracting foreigners to visit the small South Asian country to experience the majestic peaks. It was in 1950, after the establishment of . . . Read more »


Making Regionalism Work for All

Making Regionalism Work for All

The South Asian Association for Regional Cooperation (SAARC) is in hibernation due to the long drawn out political and strategic rivalry between India and Pakistan. This regional organisation has not . . . Read more »


CSA : Milestone for Smallholders and Returning Migrants

CSA : Milestone for Smallholders and Returning Migrants

The monsoon season is loved in Nepal, especially by the farmers. The sound and smell of Asar (June-July) rain is just as beautiful as the sight of cheerful farmers planting rice in their fields. The . . . Read more »


Attracting Millennials to Insurance

Attracting Millennials to Insurance

Millennials, also known as Gen Y, represents the generation of people born fromthe early 1980s to mid-1990s. Members of this demographic cohort are considered the next generation of insurance . . . Read more »


Realising the Importance of Alternative Investment Funds

Realising the Importance of Alternative Investment Funds

The promulgation of the new constitution which heralded political and economical stability has undoubtedly provided a firm platform for diverse investment opportunities in Nepal. The government also . . . Read more »


OVERSUBSCRIPTION OF IPOS : Rational Decision or Mass Ignorance?

OVERSUBSCRIPTION OF IPOS : Rational Decision or Mass Ignorance?

Initial Public Offering (IPO) has been a major source for raising capital for private companies for a long time. The transition from a private company to a public company enables the private . . . Read more »


Digital Service Tax and the New World Tax Order Post-Pandemic

Digital Service Tax and the New World Tax Order Post-Pandemic

The United States has unilaterally pulled out from negotiations on OECD’s effort to forge a global consensus on taxation of digital services. The US Secretary of the Treasury, Steven Mnuchin’s . . . Read more »


Covid-19 Pandemic : A Storm of Inequality in the Offing

Covid-19 Pandemic : A Storm of Inequality in the Offing

July 2020   
We are still going through the eye of storm known as Sars-CoV-2. Numerous economists, thinkers and opinion makers across the globe everyday are trying to figure out what would be the world order post . . . Read more »


Approach to Lending in Nepal

Approach to Lending in Nepal

July 2020   
The basic philosophy of lending is primarily to assess the borrower’s “ability or capacity to pay” and “willingness to pay” aspects. The entire credit process revolves around these two . . . Read more »


Getting Things Right in Supply Chain and Logistics Management

Getting Things Right in Supply Chain and Logistics Management

July 2020   
The Covid-19 pandemic has disrupted the global supply chains and logistics in unprecedented ways. Being an import-based economy, Nepal finds itself surrounded by the global crisis in ways no one had . . . Read more »


A Closer Look into Fixed Interest Rate Mechanism on Loans in Nepal

A Closer Look into Fixed Interest Rate Mechanism on Loans in Nepal

June 2020   
Nepal Rastra Bank recently issued directions to banks to decide and publish fixed interest rates on term loans. In this backdrop, the scenarios and modalities for fixed interest rates in the Nepali . . . Read more »


Reorganising Public Health Services in Nepal

Reorganising Public Health Services in Nepal

June 2020   
Riding on the whirlwind came Corona in the month of December 2019 crying “Veni, Vidi, Vici (I came, I saw, I conquered) and so it was. The Pandemic has already taken the lives of over 400,000 . . . Read more »


Taking Economy Out of COVID-19 Slump

Taking Economy Out of COVID-19 Slump

May 2020   
It’s obvious that the Nepali economy will be affected by the coronavirus (COVID-19) pandemic through various channels. But quantifying the magnitude of the economic effects of the ongoing global . . . Read more »


Familiar with the Bulls and Bears: But what about the Others?

Familiar with the Bulls and Bears: But what about the Others?

May 2020   
Thanks to Nepal’s capital formation efforts, the Nepal Stock Exchange (NEPSE) celebrated 25 glorious years since it opened its trading floor on 13 January 1994 to impart free marketability and . . . Read more »


COVID-19 Pandemic and the Need for Labour Statistics in Nepal

COVID-19 Pandemic and the Need for Labour Statistics in Nepal

May 2020   
The COVID-19 pandemic has held the whole world in its grip. One of the most critical scenarios in Nepal is the situation of migrant workers returning to their homes, many of whom are stuck at both . . . Read more »


Reigniting Nepal’s Economic Engine Post-pandemic

Reigniting Nepal’s Economic Engine Post-pandemic

May 2020   
Covid-19 has disrupted the global economy as never before. Its devastating impact lies in its unpredictable and swift spread across the globe with phenomenal speed. The citizens of the world were . . . Read more »


FEDERALISM : Bane or Boon

FEDERALISM : Bane or Boon

April 2020   
Federalism and secularism were the two major agendas espoused by the Maoist party during their ten-year long war waged against the established political system after 1990. The other political parties . . . Read more »


Enhancing Supply Chain Management to Face a Global Challenge

Enhancing Supply Chain Management to Face a Global Challenge

April 2020   
The escalation of the coronavirus (COVID-19) pandemic has created unprecedented levels of strain in international trade and commerce causing disruptions in the global supply chain that hasn’t been . . . Read more »


Connecting with the BLUE ECONOMY

Connecting with the BLUE ECONOMY

March 2020   
As a land-locked country, Nepal's outward orientation from the very beginning has hinged upon the saline waters of the Bay of Bengal (BoB). Two Rana Prime Ministers Jung Bahadur and Chandra Shumshere . . . Read more »


PROSPECTS AND TRENDS IN REVENUE MOBILISATION IN NEPAL

PROSPECTS AND TRENDS IN REVENUE MOBILISATION IN NEPAL

March 2020   
The domestic revenue mobilization in developing countries has gained increasing prominence in the fiscal policy debate in recent years. This is due to several factors, including the potential . . . Read more »


How MSMEs Hold the Key to Future Growth in Emerging Markets

How MSMEs Hold the Key to Future Growth in Emerging Markets

The MSME (micro, small and medium enterprises) sector plays a significant role in the growth of the emerging market economies especially in the SAARC region. Not only does it aim to increase the . . . Read more »


Performance of VAT in Nepal

Performance of VAT in Nepal

Value Added Tax (VAT), one of the major components of indirect tax, was introduced in Nepal as part of the national tax reform on November 16, 1997 with an objective to increase revenue mobilisation . . . Read more »


Economic Growth,Rule and Law and Nepal

Economic Growth,Rule and Law and Nepal

Nepal needs USD 10 billion of foreign investment a year to achieve double digit growth and take it to middle-income country status according to Finance Minister Yuba Raj Khatiwada in an interview he . . . Read more »


The Nepali Private Sector and Infrastructure Investment

The Nepali Private Sector and Infrastructure Investment

. . . Read more »


Realising the Potential of Micro and Small Enterprises

Realising the Potential of Micro and Small Enterprises

Developing micro and small enterprises (MSEs) opens the doors of opportunity for poverty reduction and enhances the country’s overall development. This is because such enterprises enable people at . . . Read more »


Wealth Management - An Unexplored Proposition in Nepal

Wealth Management - An Unexplored Proposition in Nepal

June 2019   
Wealth management is a service that encompasses the overall financial requirement of affluent individuals including investment advisory services. Based on the client’s needs, wealth management . . . Read more »


Nagdhunga-Sisne Khola Tunnel : Unnecessary?

Nagdhunga-Sisne Khola Tunnel : Unnecessary?

May 2019   
According to a news report published in Aarthik Abhiayn national daily on March 19, 2019, the government is pushing ahead with the selection of contractor for the tunnel being considered between . . . Read more »


BoT and BoP Deficits : Some Thoughts

BoT and BoP Deficits : Some Thoughts

May 2019   
Nepal’s trade deficit surged by 87.44 per cent during the first five months of the current fiscal year 2075-2076 (2018-2019) compared to the same period the previous fiscal year. Such deficit . . . Read more »


Government,Youths and Jobs

Government,Youths and Jobs

May 2019   
Nepal’s economy is sustained through remittances. The remittance inflow helps Nepal thrive, but it also shows the problem that exists in our society. Nepal has not been able to create jobs . . . Read more »


Stabilising Lending Rate

Stabilising Lending Rate

April 2019   
The interest rate in the Nepali banking sector has risen significantly over the last few years. In July 2018, the weighted average lending rate (WALR), the aggregate rate of interest paid on all . . . Read more »


Women’s Micro-business Ventures during Early Days

Women’s Micro-business Ventures during Early Days

March 2019   
Generally, women face many obstacles on the path of realising their dreams in Nepal. It is the same with starting business ventures on their own. Mostly, men are leading the business sectors and . . . Read more »


Changing Dynamics of Banking

Changing Dynamics of Banking

March 2019   
In his 2012 book Bank 3.0: Why Banking is No Longer Somewhere you Go, But Something You Do, Brett King has beautifully explained how the face of banking is changing. Probably, the imagery of brick . . . Read more »


A Glimpse of Budgetary Challenges in FY 2019/20

A Glimpse of Budgetary Challenges in FY 2019/20

March 2019   
It is said that “there are three kinds of lies – lies, damnable lies and statistics”. Such statistics mislead and create fictions and myths. Though YN Harari, the renowned scholar, says that . . . Read more »


Dharma, Artha, Kaama, Moksha : Economics, Religion and Philosophy

Dharma, Artha, Kaama, Moksha : Economics, Religion and Philosophy

According to our shashtras (religious scriptures), Dharma (religion), Artha (wealth), Kaama (bodily desire) and Moksha (nirvana) are the ultimate goals for a Hindu person. So much has been written on . . . Read more »


Globalization, Supply Chain, Logistics and Nepal

Globalization, Supply Chain, Logistics and Nepal

The last few decades have seen the waves of globalisation reaching Nepal. Nevertheless, the global supply chain is one of the many aspects of international trade where the country is left untouched, . . . Read more »


Competition A Formidable Tool

Competition A Formidable Tool

Competition is the recognition of varied levels of merit in every individual and the equal opportunity to show them without any hindrances or . . . Read more »


Sustainable Development, Sustainability Reporting and IFRS

Sustainable Development, Sustainability Reporting and IFRS

Many authors have provided their opinions on sustainability and ways to achieve it. However, there is no standard definition of sustainability. Awareness about sustainability resulted from the . . . Read more »


A Profile of the Nepali Middle Class

A Profile of the Nepali Middle Class

A Nepali middle class family is no less or better than any middle class family on the Indian sub-continent including South Asia. An important part and parcel of Nepal’s evolution from the end of . . . Read more »


Creating a Sustainable Textile Value Chain in Nepal

Creating a Sustainable Textile Value Chain in Nepal

Much has been said about the fated demise of the clothing and textile industry in Nepal after the implementation of the current budget. This is because the industry is going through a very difficult . . . Read more »


Insolvency and Bankrupty Code in India and its Implications-3

Insolvency and Bankrupty Code in India and its Implications-3

Until now, the focus was on the IBC process and how IBC was implemented for Bhushan Steel. Now that Tata Steel has won the bid and received most of the clearances required, it is important to . . . Read more »


Rebalancing the Economy

Rebalancing the Economy

The role of government is key to promote employment opportunities and economic growth of a country. Increasing government spending on public infrastructures and social capitals and creating . . . Read more »


Challenges Ahead

Challenges Ahead

Nepal never had to confront poverty as seen in some of the countries in Africa. But despite that, Nepal has gone through many social and political . . . Read more »


Is There a Remittance Trap?

Is There a Remittance Trap?

Workers’ remittances—the money migrants send home to their families—command the attention of economists and policymakers because of their potential to improve the lives of millions of people. . . . Read more »


"Insolvency and Bankruptcy Code in India and its Implications-2

"Insolvency and Bankruptcy Code in India and its Implications-2

The IBC (Insolvency and Bankruptcy Code) provisions allow a financial or operational creditor to file an insolvency petition with NCLT (National Company Law Tribunal) in the event of a default by the . . . Read more »


Nepal’s Accession to the Montreal Convention and its Applicable Liability Regime

Nepal’s Accession to the Montreal Convention and its Applicable Liability Regime

The Warsaw System is considered to be a complex international treaty as states are at liberty to ratify some protocols but not others. For this reason, its applicability may vary from state to state, . . . Read more »


Insolvency and Bankruptcy Code in India and its Implications-1

Insolvency and Bankruptcy Code in India and its Implications-1

There are numerous articles, blogs and write ups that are already present on why Bhushan Steel went into bankruptcy and what ensued after that. The attempt here is to give a consolidated picture of . . . Read more »


Bancassurance - An integral component of Wealth Management

Bancassurance - An integral component of Wealth Management

Bancassurance, in plain words is banks providing insurance services, products or insurance benefits to their clients. Bancassurance is a model whereby both banking and insurance products are sold . . . Read more »


Tort Law and Its Applicability in Nepal

Tort Law and Its Applicability in Nepal

In 2017, the Parliament of Nepal passed, and the President of Nepal authenticated, the Civil Code Act 2074 (2017) (“Civil Code”), with the aim of updating and unifying various civil legislations . . . Read more »


Monetary Policy 2018/19 : An Active Approach to Accommodate the Fiscal Policy

Monetary Policy 2018/19 : An Active Approach to Accommodate the Fiscal Policy

The central bank is hopeful that the monetary policy will help to achieve the economic growth target of 8 percent set for the current fiscal year while limiting the inflation rate to 6.5 percent. . . . Read more »


The Rise and Fall of Values in Public Life

The Rise and Fall of Values in Public Life

July 2018   
Against the background of his election slogan “Make America Great Again” the words of Trump become very significant in terms of assessing his personality of leadership and also how much he cares . . . Read more »


Role of Business Consulting in Promoting Agri-business

Role of Business Consulting in Promoting Agri-business

July 2018   
Limited access to improved seeds, new technologies, market opportunities, and the need for reducing the post-harvest loss of crops present themselves as some of the key issues facing Nepali agro . . . Read more »


Nepali Mutual Funds : Tax Treatment Benefits for Investors

Nepali Mutual Funds : Tax Treatment Benefits for Investors

June 2018   
The implementation of the new Merchant Banker Regulation 2074 BS, which was approved by the Government of Nepal, was made possible by an amendment to the Merchant Banking Regulation 2064 BS by the . . . Read more »


The Future of Commerce is Here

The Future of Commerce is Here

June 2018   
Commerce has come a long way since the evolution of mankind and has evolved keeping pace with mankind, if not faster. From the barter system in ancient days to the invention of currency in more . . . Read more »


Market Economy Whither in Nepal?

Market Economy Whither in Nepal?

June 2018   
Market orientation has been the primary theme in public discussion from 1980 onwards as a panacea for all the ills from social to political. Most countries, including those with left leanings, have . . . Read more »


Are Credit Models Getting a Beating?

May 2018   
It has now become a prime topic for debate- the recent banking fraud to the extent of INR 12K crores at Punjab National Bank (PNB), the second largest PublicSector Bank (PSB) in India. The media has been very critical about the incident and drew the attention of the whole nation as to how public money has been . . . Read more »


Liquidity Problem : An Indicator of Weak Economy

Liquidity Problem : An Indicator of Weak Economy

May 2018   
The crisis of lonable fund in the country’s banking system has become a major topic of discussion these days. However, most of the discourses in this regard are focused on finding short-term . . . Read more »


Liquidity Problem : An Indicator of Weak Economy

Liquidity Problem : An Indicator of Weak Economy

May 2018   
The crisis of lonable fund in the country’s banking system has become a major topic of discussion these days. However, most of the discourses in this regard are focused on finding short-term . . . Read more »


The Changing Dimensions of Customer–Marketer Relationship in Nepal

The Changing Dimensions of Customer–Marketer Relationship in Nepal

May 2018   
In marketing, companies aim to satisfy their customers in the best possible ways, and in the process of doing so, work on various customer-oriented strategies to satisfy and retain their customers, . . . Read more »


Marxism in the Digital Era

Marxism in the Digital Era

May 2018   
Marxism, to put it simply, is a social, political and economic philosophy that analyses the interrelation between capital, labour and productivity with respect to economic factors. Developed by Karl . . . Read more »


Reviving the Nepali Textile Industry

Reviving the Nepali Textile Industry

May 2018   
The government in its earnest effort has offered much in the past to promote the domestic textile industry in Nepal. There was a time when Nepali textiles were exported to neighboring countries . . . Read more »


Road to Prosperity : Through Leadership, Culture and Training

Road to Prosperity : Through Leadership, Culture and Training

The optimism was voracious, the outlook deeply positive, and the confidence immense. There was an unmistakable air of self-belief among the leaders from different fields at the maiden Management . . . Read more »


The Belt and Road Initiative and LDCs

The Belt and Road Initiative and LDCs

When the Belt and Road Forum (BRF) was held on May 14-15, 2017 in Beijing, four Least Developed Countries (LDCs), namely Cambodia, Ethiopia, Laos and Myanmar sent their highest level delegation as . . . Read more »


Dealing with Financial Risk : Derivatives and Leverages

Dealing with Financial Risk : Derivatives and Leverages

The International financial market has witnessed a series of evolutions over the past few decades resulting in a variety of newer products which have exposed the providers to complex risks. This has . . . Read more »


Business Ethics : A Colossal Task

Business Ethics : A Colossal Task

Ethics is about doing the right thing. It is absolute, contextual and relative. A general perception persists that a business has to be conducted unethically to be successful, i.e. by evading taxes . . . Read more »


Financial Inclusion through Digital Finance : A UNCDF-MM4P Initiative

Financial Inclusion through Digital Finance : A UNCDF-MM4P Initiative

In a world where many services have become digitized, digital finance has come upfront as a powerful medium of providing financial services, especially to people with little or no access to financial . . . Read more »


Second Pillar : Success Narratives

Second Pillar : Success Narratives

The axis of the series of articles in the past few months has been sustainable development and the role of the Second Pillar and Foreign Aid dynamics. The success narratives of each of these should . . . Read more »


Quality Matters

Quality Matters

What satisfies the perception of an end-consumer constitutes quality. This is not only true for all products and services that commercial enterprises provide but also for the public goods and . . . Read more »


Contract Farming : A New Model for Food Security

Contract Farming : A New Model  for Food Security

The definition of contract farming focuses on the coordination between the different parts of a supply chain, involving various participants and contract . . . Read more »


Second Pillar : Private Sector in Development

Second Pillar : Private Sector in Development

As the different elements of a Post 2015 Development gradually emerge there is at least one element that seems almost pre-ordained. That is, the private sector will have a feature role whether it . . . Read more »


Managing Change Managing People

Managing Change Managing People

“Change is inevitable” – there is no argument about it. The only thing is how it’s creeping into our lives. When we look around, we see changes have happened and are still happening. Perhaps, . . . Read more »


Does Financial Market Need Further Reforms?

Does Financial Market Need Further Reforms?

July 2017   
The Nepali financial system consists of banking and non- banking institutions. The banking sector is like a fountain headed by the Nepal Rastra Bank (NRB) as the central bank and then the commercial . . . Read more »


Human Resource Development Issues in a Business Organisation

July 2017   
Thousands of pages have been written on this subject by experts universally published in management journals and books; classes have been conducted in all MBA schools on the issues confronting human resource managers the world . . . Read more »


How to become a Millionaire Realistically

How to become a Millionaire Realistically

July 2017   
Simply, compound interest is the interest earned from the interest reinvested. Investopedia defines compound interest as "the interest calculated on the initial principal and also on the accumulated . . . Read more »


Optimistic, Irrational or Questionable?

Optimistic, Irrational or Questionable?

July 2017   
In 2015, a change in NRB’s Monetary Policy mandated banks and financial Institutions (BFIs) to increase their paid-up capital by almost four times. With the deadline for the paid-up capital hike . . . Read more »


Federalism a Necessity, Not a Choice

June 2017   
The fact that Federalism is not fully understood by the masses has been taken advantage of by a section of opinion makers who oppose it, citing the lack of financial resources to sustain many provinces. . . . Read more »


Startup Policy for Changing Entrepreneurial Scene

Startup Policy for Changing Entrepreneurial Scene

June 2017   
From providing community level solutions in rainwater harvesting, hazardous hospital waste management, selling a pizza at just Rs 100, manufacturing bricks using eco-friendly techniques to urban . . . Read more »


Foreign Aid Dynamics

Foreign Aid Dynamics

June 2017   
Success is a pathless territory, Success means different things to different players, Success is the amount of funds given, Success is the number of persons employed, Success is measurable in change, . . . Read more »


Teamwork : Easier Said Than Done

Teamwork : Easier Said Than Done

May 2017   
Not being able to work in a team goes against the professional career of an individual. All the interviews for any post or position are aimed at finding if the interviewee is a team worker or not. . . . Read more »


The Second Pillar : CSR in the Development Dialogue

The Second Pillar : CSR in the Development Dialogue

May 2017   
The careful reader would have noticed that the last few articles read like two strands intertwining much like the double helix band outlining the nature, the role, the work and the outcome of foreign . . . Read more »


Net Neutrality- Not Yet a Curse

Net Neutrality- Not Yet a Curse

May 2017   
The term 'Net Neutrality' might appear as something new, but it was coined 13 years ago in 2003 by Professor Tim Wu of Columbia University. This principle explicates that the internet should be . . . Read more »


Corporate Governance

Corporate Governance

April 2017   
Governance is taking the centre stage in most of the discussions on public welfare issues vis-à-vis the state because despite good strategy programmes and adequate budgets, the implementation of . . . Read more »


Foreign Aid Dynamics

Foreign Aid Dynamics

April 2017   
Foreign aid is a relatively new concept in economics. The classics like Adam Smith, David Ricardo, and Stuart Mill for example, did not address the subject in any significant way. If anything, . . . Read more »


Digital Economy : Nepal's Prospects

Digital Economy : Nepal's Prospects

April 2017   
Digitalisation is using electronic technology to change texts into electronic forms. We can also say that digitalisation is the process of adopting information technology to generate accurate . . . Read more »


Fintech Putting Traditional Banks Under Pressure

Fintech Putting Traditional Banks Under Pressure

April 2017   
Fintech companies provide users with a myriad of services that some traditional banks are still struggling with. Some of these services include using peer to peer sharing of money with a click on the . . . Read more »


What is Ailing the Economy?

April 2017   
In the euphoria surrounding sustainable high growth, we generally tend to overlook the mistakes committed by policy makers during the period of liberalisation. We should never forget the economy is not something that is beyond our . . . Read more »


Tax Policy and Administrative Challenges

Tax Policy and Administrative Challenges

April 2017   
The low level of trust among tax payers and tax authority has weakened the tax administration of Nepal making it harder to comply with tax laws. . . . Read more »


Growing Interest in Stock Market Investment

Growing Interest in Stock Market Investment

April 2017   
Who doesn’t want to make money without much effort? Perhaps the stock market is seen in that way by many Nepalis, seemingly emphasised by its sudden growing attraction. After all, someone investing . . . Read more »


Is Real Estate a Trading Item?

Is Real Estate a Trading Item?

March 2017   
Real estate refers to immovable property such as land, house or any type of building or infrastructure used for either residential, business or other purposes. Real estate is an asset with limited . . . Read more »


Rating Kathmandu’s Regulators

Rating Kathmandu’s Regulators

March 2017   
This rating is undertaken on the basis of available public documents and research with a detailed survey done on the basis of the "Kathmandu Rating Standards". The standards were developed after . . . Read more »


Capital Market and Role of Central Bank

In the recent period, stock market boom and bust have been important factors in macroeconomic fluctuations in both the developing and underdeveloped countries. In light of this experience, how or when, if at all, should central bankers respond to such . . . Read more »


Foreign Aid Dynamics
Humanitarian or Development ?

<p>Foreign Aid Dynamics<br /> Humanitarian or Development ?</p>

Development work is funded in three to-five-year cycles, and Humanitarian aid comes with conditions that require money to be spent in six-to eighteen . . . Read more »


A Boost of Electricity

A Boost of Electricity

Nepal is almost 25 years behind in generating electricity. There is huge potential here to generate electricity, not only hydro based electricity, but also other clean energy using wind and solar . . . Read more »


Developing Nepal as a Retirement Country

 Developing Nepal as a Retirement Country

These days it seems like every Nepali is anxious to leave Nepal and find a job elsewhere. But did you ever realise that many of our foreign visitors would actually like to retire and live in Nepal? . . . Read more »


Capabilities Based Competition

Capabilities Based Competition

We are aware of the fact that the story of Kmart and Wal-Mart illustrates the newer dimensions of competition during the 1990s. It has been noticed that in one after another of the industries, . . . Read more »


Pushing Boundaries and Circular Economies

Pushing Boundaries and Circular Economies

The decades old economy model of take-use-dispose is being replaced by a take less-use to optimum-eliminate disposal one. The search, experimentation and success of models that are restorative and . . . Read more »


Disaster Management A Broad Perspective

Disaster Management A Broad Perspective

It is reported worldwide that aid whether food, medicines, clothing etc donated during natural calamities or other types of disasters reaches the target group only 20-25 percent of the time and the . . . Read more »


Piracy, Money and Greed

While artists want the audience to buy their work so that they can make money, the audience would rather spend the money on chicken for . . . Read more »


Monetary Policy 2016/17: Highlights and Issues

Monetary Policy 2016/17: Highlights and Issues

Nepal Rastra Bank (NRB) unveiled the monetary policy for the fiscal year (FY) 2016-17 last month. It has been a formal practice in most of the countries that the central bank introduces Monetary . . . Read more »


Women Can Succeed!

Women Can Succeed!

Namrata Shrestha owns her own bar at Lazimpat. She is an entrepreneur. Had she not been an actor, her name would not be listed. Her entrepreneurship is known because she is an . . . Read more »


A Half Finished Canvas

June 2016   
An artist never gives up until the canvas is filled with the dreamed of colours. At present, the Lanzhou-Shigatse-KTM route is like a half finished . . . Read more »


Human Rights Violations in the Corporate World

Human Rights Violations in the Corporate World

June 2016   
Wal-Mart's revenue exceeds the GDP of more than a hundred individual countries of the world, showing how the corporate world is getting stronger than the state . . . Read more »


Banks Face Stiffer Capital Rules

May 2016   
History shows that it was never easy for regulators in any country to determine as to how much capital was needed to strengthen the financial foundations enough to support economic growth in the face of varying challenges. It became more difficult as financial innovations spread, leading to the 1988 adoption of model rules by a group of central banks and regulators that was based in Basel, Switzerland. . . . Read more »


Ending Monopoly Creates Attractive Market

May 2016   
You don't have a choice, either buy it, or stay out of it. You won't get any other option except this! This is called a Monopoly Market. When you have just a single vegetable shop in your locality, the seller is free to shape the price of vegetables on the basis of the area’s demand and . . . Read more »


Are We Lagging Behind in Social Media?

Are We Lagging Behind in Social Media?

April 2016   
Many of our sectors have failed to open up accounts on social media. While Coca Cola owns Youtube, Nepal’s business houses seem to be way back even with their Facebook . . . Read more »


External Resource Mobilisation for HEP

 External Resource Mobilisation for HEP

March 2016   
A least developed and sixteenth poorest country of the world as classified by HDR 2013, Nepal, a subsistence farming based economy, is still suffering from the legacy of a decade long conflict . . . Read more »


Women and Work

Women and Work

March 2016   
Ariana Huffington, Marissa Mayer, Sara Blakely, Sheryl Sandberg are successful business women whom we applaud and look forward to and indeed some of these women are my heroes. These women have . . . Read more »


To Make Nepal Developed

March 2016   
When suddenly there is a general strike called by any political party, people say that there is nothing left in Nepal to develop as all politicians and bureaucrats are corrupt. But nobody gives an objective analysis based on historical and present facts. . . . Read more »


Internal Resource Mobilization for HEP

Internal Resource Mobilization for HEP

Nepal is enriched by four river basins- Kosi in the east, Gandaki in the west, Karnali in the mid-west and a border river Mahakali in the far west. A sloppy mountain topography facilitates these . . . Read more »


Is Nepal Really Inviting and Promoting Foreign Investment?

 Is Nepal Really Inviting and Promoting Foreign Investment?

A few days ago, the Bangladesh Chamber of Commerce held its "Nepal Bangladesh Business Forum” in Kathmandu. I was one of the participants. There were more than 60 businesses that had come from . . . Read more »


Financial Inclusion in Nepal : Role of Microfinance

Financial Inclusion in Nepal : Role of Microfinance

Everyone of us agrees that financial inclusion is the prerequisite for inclusive growth.Inclusive growth in our terms is making sure that every Nepali is included in equitable growth. Financial . . . Read more »


The Indian Economic Blockade and Nepal’s Strategic Rethink about its ‘Special Relations’

The Indian Economic Blockade and Nepal’s Strategic Rethink about its ‘Special Relations’

The first ever MOU signed between Nepal and China for importing fuel will go down in history as a veritable turning point. It will not only have ended the Indian monopoly but, significantly, opened . . . Read more »


Political, Economic Unrest and the Youth

There are about three million Nepali youths currently working in the Gulf and other countries. About 55 percent of Nepali households have at least one family member outside the . . . Read more »


Foreign Aid and FDI in HEP Development

Nepal’s deficient economy has always lacked the ability to invest in projects that require huge investments. The basic industries have been established in Nepal with the investment of foreign governments. A number of key industries were established by FDI. The primary goal of these foreign investments was to make the country . . . Read more »


From Quake to Take Off

With, corruption, inequality, and injustice prevalent as anywhere else in the world, Nepal and the Nepali economy can hope to thrive only when burning issues like these are resolved and entrepreneurship is widely . . . Read more »


Indian JVs in Nepal

Indian business houses like ITC, Uniliver, Pepsi, SBI, Kansai group, National Insurance, Asian Paints, PNB, Dabur, among others are present here in Nepal. They generate an annual turnover of around USD 600 million and provide employment to more than 30,000 families directly or . . . Read more »


Challenges and Opportunities in HEP

Challenges and Opportunities in HEP

Most argue that hydropower projects should be undertaken in a holistic manner using our own resources. However, it is easier said than done. The reality on the ground is . . . Read more »


Old Policies and Programmes Continued

Old Policies and Programmes Continued

The government has prioritised the reconstruction of structures damaged by the April earthquake in its policies and programmes for the new fiscal year. The document, presented by President Ram Baran . . . Read more »


Social Issues in Hydropower Development

Social Issues in Hydropower Development

Maintaining and developing water resources requires significant public and private investment. Since resources are scarce, right investment decisions should be made from an economic point of view. . . . Read more »


Defaulters Vs Bad Debtors

Defaulters Vs Bad Debtors

While gossiping over tea with some friends from banking and business, one of them joked, “Financial institutions have been enjoying all sorts of privileges like Jamindars (landlords) and in . . . Read more »


The SAARC Growth Quadrangle

July 2015   
Just as Nepal faces this development dilemma so also the same is being felt by Bangladesh, Bhutan and India which together comprise the world's premier poverty belt. The estimated population of the growth quadrangle is around 500 million . . . Read more »


Reviving Nepal’s Economy

Reviving Nepal’s Economy

July 2015   
Reviving Nepal’s economy after the earthquake necessitates a development paradigm shift, from the aid dominated one to new principles, namely economic nationalism, national self-reliance, local . . . Read more »


Breaking the FDI Barrier in Hydropower

Breaking the FDI Barrier in Hydropower

July 2015   
Commitment, devotion, responsibility, accountability and self-determination are needed. In the absence of these attributes no country can successfully attract . . . Read more »


The Game of Under-Invoicing

The Game of Under-Invoicing

July 2015   
Government agencies as well as the business sector seem to be loudly railing against the trend of under-invoicing. Both agree that under-invoicing equals a great loss in revenue, as well as an . . . Read more »


Personal Guarantee as Additional Security

July 2015   
The prevailing practice of asking for personal guarantees from the shareholders needs a clear rethink by all involved parties like banks, entrepreneurs, investors, regulators and . . . Read more »


Strategies for Activating the Economy

June 2015   
​Of vital importance in the short and long term is that a common minimum understanding in politics must be shared between all concerned players. High-quality management and an entrepreneurship culture must be promoted and fully . . . Read more »


Harnessing Nepal’s Hydropower Potential

June 2015   
As the mighty rivers flowing through Nepal are shared by four sovereign countries, power sharing would be the best option for all in order to benefit from the hydropower potential of the Himalayan . . . Read more »


Business Ethics after the Earthquake

June 2015   
Some businessmen are likely to prey on the vulnerability of the affected, imposing higher prices. Such a state of price inflation is known as price gouging, the act of increasing the price in seemingly unfair . . . Read more »


Lessons from Chile, Haiti, Gujarat and Japan

June 2015   
The Chile earthquake of 2010 killed more than 500 people. It had a huge impact on the country’s tourism, fishing, forestry and wine industries. Damages to seaports caused a short-term market loss where it became tough to balance supply and demand. Depreciation of the currency and inflation, followed by low demand for exports, weakened the country’s economy . . . Read more »


India’s Public Policy : A Roadmap for Nepal

June 2015   
​India has undergone various transitions and emerged as one of the fastest growing economies. Although different nations, the core issues in formulating public policies remain largely similar for Nepal. The Indian experience retains key lessons that Nepal could invariably benefit . . . Read more »


Indian Cooperation in Hydropower Development (2)

May 2015   
Popular people’s movement of 1990 disposed the Panchayat Raj in an astray. It helped in restoring the multiparty political system abducted in 1960. Changed political circumstances changed the economic policy of the regime. The new economic policy stressed on paving way for liberal economic system. It considered the involvement of the private sector vital for the development of Nepali economy. . . . Read more »


The Science of Prediction - Market Forecast

May 2015   
JP Morgan was not the first or the last person who used astrology for his important business decisions. In our day to day life some way or the other, all of us had used this divine science of astrology to make certain decisions but very few of us know that this divine science of astrology can be used very effectively to forecast the trend of stock and commodity . . . Read more »


Indian Cooperation in Hydropower Development

April 2015   
In connection to hydropower development, Nepalis believe that Indians placed higher importance on extending irrigation facilities rather than generating electricity. Subsequently, the collaboration resulted in the construction of the Tanakpur . . . Read more »


Capital Market, Regulatory Lapses and Role of SEBON

April 2015   
​It is clearly evident that SEBON did not learn the lesson from CHCL case and allowed allotting the share of Upper Tamakoshi Hydropower Project Limited (UTHPL) to the employees of lender institutions like Employment Provident Fund . . . Read more »


IPO Experience in Nepali Capital Market

April 2015   
​In the two IPOs, about Rs 7.5 billion of public money has been deposited. Out of this, only Rs 57.6 million will be utilized as capital which is less than 1 percent of the deposited fund. The remaining 99 per cent will be refunded after nearly two . . . Read more »


Contribution of Foreign Aid in Nepal's Economy

March 2015   
All development activities in Nepal, small or big, have largely been influenced by foreign aid. Aid in the form of grants played an important role in the construction of infrastructure projects and in the establishment of some of the key basic industries in the . . . Read more »


Need for Sustainable Service Model to Promote Agriculture Insurance

March 2015   
​Agricultural crop insurance is a restricted instrument in that it only addresses production and yield losses because of weather and natural risks, providing limited coverage for the growing crop from the time of sowing or crop emergency through to completion of . . . Read more »


Impact of Remittance on Import in Nepal

With remittances, an economy can spend more than it produces, import more than it exports or invest more than it saves, and this might even be more relevant for small economies. . . . Read more »


Revenue Mobilization:Policy Challenges

Nepal as a low-income country is characterized by typical features like dependency on agriculture, income from remittances and fragility. As remittance from workers abroad and a good harvest contributes a major portion of the GDP, there are significant weaknesses in government . . . Read more »


Inequality – Plight to Economic Growth

​While developing and under-developed countries are struggling to meet the targeted economic growth and lower the inequality index, the developed nations are also affected by rising . . . Read more »


Infrastructure Development in Nepal: More Issues

In this article, retired Justice Upreti discusses some additional issues that hinder Nepal's infrastructure development. Some other issues were discussed in his article that appeared in December 2014 issue of . . . Read more »


IFRS Compliance: Challenges for Nepal

The world seems to be uniting under a single financial reporting language. International Financial Reporting Standards (IFRS) is becoming the universally recognised accounting standard in a multitude of jurisdictions across the globe. . . . Read more »


Fast Track Strategy for Fast Track Highway

Historically, the Kathmandu Valley was connected to India through a trade route: Thori of Parsa– Hetauda – Bhainse – Bhimphedi – Khulekhani – Chitlang – Chandragiri Pass to Thankot in Kathmandu. Later on, Raxaul was connected with the Indian . . . Read more »


Policy and Legal Aspects of Infrastructure Development in Nepal

There is an intrinsic relationship between the law and the pace of infrastructure development. A solid, clear and predictable legal and policy regime forms the foundation for infrastructure development. . . . Read more »


Infrastructure Development in Nepal

It is very hard to find a generally agreed definition of infrastructure even though economists in their early works stressed that transport infrastructure is crucial for economic development. Infrastructure is usually understood as basic public infrastructure, . . . Read more »


From Transport Corridors to Economic Corridors

When we speak of Nepal as a 'transit economy', we have in mind the provision of land transport infrastructure providing various modes of transportation such as railways, highways, waterways, rope ways, pipelines, gas lines, electricity grids and fiber optic . . . Read more »


Old Age: Policy Paradigms

Old age is a vital event of human life. Even though it comes enriched with loads of hard earned experience and expertise, it is not cherished like childhood. Government policies along with social practices treat old-age people as liabilities and in doing so . . . Read more »


Need for Green Banking

The attack of human beings on nature is the cause of environmental deterioration. This deterioration is leading to global warming and climate change. It has been noticed that the temperature has risen up by 1 degree Fahrenheit in comparison to the previous . . . Read more »


PTA: Milestone in Nepal’s Hydro-Power Development

Nepal and India have signed the much-awaited Power Trade Agreement (PTA) on 21st of October in Kathmandu and paved the way for the free trade of electricity between two countries. After one and half months of the initial signature, Rajendra K Kshatri energy secretary of . . . Read more »


Mediation Way

Nepal Inc. is finding mediation way for dispute resolution more effective that than fighting it over in the courts. . . . Read more »


Resolution of Bank and Insurance Company Failure

Nepal took initiatives to create the legal infrastructure required for the implementation of economic liberalization policies mostly during 2005-2006. This period saw introduction of the Insolvency Act 2006 and Secured Transaction Act 2006. . . . Read more »


Dynamics of Interest Rate

  
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NTIS REVIEW Hopes Shadowed by Doubt

  
The latest statistics shows that Nepal's trade deficit and national budget size is equal around 600billion rupees. In this context, Nepal trade integration strategy–2010 (NTIS) is being reviewed after four years of implementation. This is the first time that government is planning . . . Read more »


South Asia’s Vital Need for Electricity

South Asia’s Vital Need for Electricity

  
South Asia is home to over one billion people. A majority of them are living without access to electricity. Electricity is an essential prerequisite not only for modern life but also to power . . . Read more »


Remittance : A Blessing and a Curse

Remittance : A Blessing and a Curse

  
Running a country through remittances can be an easy way to move ahead, but it comes with a price. Every day, 1500 Nepalis fly out from Tribhuvan International Airport for jobs abroad. The . . . Read more »