The first Indo-Nepal Friendship Motor Rally which was flagged off at Puri, Odisha on February 27 concluded at lawns of India Gate on March 8. According to a press release by the Press Information Bureau, Ministry of Road Transport & Highways, Government of India, twenty four teams and about 90 participants from India and Nepal covered 3060 Km during the ten-day rally in both countries. . . . Read more »
Ngadi Hydropower makes a real effort to practice the principles of management effectively. For this, in every different project it operates, it registers a separate company to shorten the financial . . . Read more »
India’s decision to demonetize high denomination Indian currency notes has created a historic opportunity for Nepal to do away with the practice of pegging Nepali currency with that of India. The . . . Read more »
The fight against corruption is getting tougher in Nepal. Several cases of corruption have been exposed by the media this year so far but three 'high-profile' cases stand out. The first one, the one . . . Read more »
In this age of globalization,leadership qualities have become essential for individuals to have a competitive organizational and business advantage. True leaders not only lead their institutions to . . . Read more »
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Laxmi InterContinental, the authorized sole distributor of Hyundai vehicles for Nepal has launched its new consumer scheme “Hyundai New Year Dhana Lava Rashifal”. With this offer, Hyundai customers can avail cash discount on every vehicle purchase. . . . Read more »
In a reflection of the times, Siddhartha Development Bank Limited (SDBL), one of the country’s top five national level development banks, is proceeding to merge into it Ekata Bikash Bank and Nepal . . . Read more »
A decade after the country formally embarked on the path of federalism, 15 months after the constitution officially recognized the federal model, a year after the economic blockade that left deep . . . Read more »
Business problems in Nepal are mostly related to poor regulations. And better regulations themselves don’t yield results. What matters more is the competence of the regulatory body. From . . . Read more »
Now since this data derived from the Ministry of Education’s portal shows that one thirds of students have chosen to study business, Nepal should have been able to produce efficient managers or . . . Read more »
Standard Chartered Bank, Nepal has won ‘The Global Finance World’s Best Banks 2015 Awards’ for Nepal conferred by the Global Finance magazine. The Bank also shares the title of ‘The World’s Best Emerging Markets Banks in Asia-Pacific 2015’ along with other winners in the . . . 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 »
Flames of the federalism debate are once again flaming high, reaching as far as Kailali in the far west, passing through Birgunj, Butwal and Surkhet. What began in Gaur and ended in Tikapur comes . . . Read more »
The US-based consulting firm Frost & Sullivan has successfully completed its first year in Nepal. The firm founded by Lore A Frost and Dan L Sullivan in 1961 in New York provides services including market research, analysis, growth strategy consulting and corporate training in 40 countries. . . . Read more »
‘Never Eat Alone’ straddles that careful line between self-help and a useful playbook for one’s career. The secret, master networker Keith Ferrazzi claims, is in reaching out to other people. . . . Read more »
MS Group’s Everest Hospitality Group Pvt Ltd has signed an agreement with Marriott International to open Marriott Hotel in Kathmandu . MS Group has informed that it is constructing Fairfield Marriott in Naxal, Kathmandu which will be completed by the end of . . . Read more »
The Nepali economy has now entered the danger zone where the risk is not just limited to the financial system. The entire economic system including the underlying assumptions held sacrosanct as . . . Read more »
Energy minister Janardan Sharma has been active in resolving various power related issues in the country after he assumed the office in mid-August. He has initiated some important power sector reform . . . Read more »
The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in cooperation with the Embassy of India in Nepal and the West Bengal Nepal Chamber of Commerce and Industry (WBNCCI) organised the “Cross Border Tourism and Trade Expo-Festival of . . . Read more »
The combination of serenity and tranquility of nature and great food can be a worthwhile experience. And, probably no other place in and around the capital valley other than the Clubhouse Restaurant . . . Read more »
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On Snapchat, if you’re under 35, you’re in good company. A whopping 71 percent of Snapchat’s US-based users are between the ages of 18 and 34, a new study from research firm ComScore shows. . . . Read more »
Cyber security has recently become a pressing issue for the global financial sector. With huge data heists of BFIs occurring across the world on an epic scale, IT and software companies along with BFIs have taken steps to . . . Read more »
After 18 years of operating helicopter flights, Shree Airlines in August started scheduled air services through three newly bought Bombardier CRJ series aircrafts. With an aim to fast and comfortable . . . Read more »
“Live the life of your dreams,” says Ajay Kumar Shrestha, chairman and managing director of iCapital Pvt Ltd, an investment and holding company which invests in stocks, futures trading and . . . Read more »
Foreign investors appear to be back with a bang in Indian markets and pumped in dollars leading to a massive USD 4.262 billion jump in the country's foreign exchange reserves in the week to March 20. Reserve Bank of India said forex reserves rose to USD 339.99 billion, a new . . . Read more »
What is managerial excellence? It is like parenting a new born baby into adulthood. In the business world dreaming has to become reality. Successful great leaders combine in them the qualities of a . . . 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 »
It’s been 25 years of presence for the United Kingdom-based multinational market research firm Nielsen in Nepal. The Nielsen Nepal Company, a subsidiary of Nielsen South Asia, is active in research . . . Read more »
Syakar Trading Company Ltd was recently appointed the authorized distributor of Genuine Engine Oils of Idemitsu Lube India Pvt Ltd. Kapil Gandhi, Sales and Marketing Manager of Idemitsu Lube India Pvt Ltd was in Nepal for the launch of Idemitsu lubricants. . . . Read more »
Nepal and Nepalis have been bagging “the best” titles, one after another, in recent times. Only a few months ago, Nepal’s name came under the global spotlight for writing “the world’s best . . . Read more »
Since 2004 the Japanese automobile brand Subaru has been selling some of its globally renowned vehicles in the country including the Forester and XV Crosstrek. Part of the multi-national Japanese . . . Read more »
The first federal government budget of the country has received mixed reactions from the Nepali private sector. Businessmen say that the budget has not been able to meet their expectations in . . . Read more »
Rheumatoid Arthritis (RA) is a disabling systemic disease, affecting mainly the small joints of the hands and feet. The end result is gross destruction and deformity of the joints. Majority of the RA patients have afflictions of the spine, especially the cervical (neck) . . . Read more »
The article by Basant Kumar Chaudhary ‘Eliminating Wastes to Prosper via Kaizen’, (NBA, Jan 2016) was a top read. The idea generated from the book, ‘Kaizen: the Key to Japan’s Competitive Success’ by Masaaki Imai was interpreted in a very practical way by the . . . Read more »
Founded in 1985, the Chinese multinational electronics company TCL Corporation is among the world’s largest consumer electronics and home appliances manufacturers. In 2013 the company became the world’s third-largest television producer by market . . . Read more »
Established in 2007, Prime Life Insurance Company Limited has performed well to become one of the successful insurance companies in the country today. The decade long journey has been a period of . . . Read more »
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Looking for investors, 10 finalist entrepreneurs of the Rockstart Impact, an initiative by One to Watch to prepare a select group of high-potential Nepali companies investment-ready within 100 days, flew to the Netherlands on March . . . Read more »
Nepal Chamber of Commerce (NCC) President Rajesh Kaji Shrestha has said that Nepal needs to sign a Bilateral Investment Promotion and Protection Agreement (BIPPA) with China. . . . Read more »
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 »
What started as the rating and ranking of 14 business schools in 2013 as the National-Business Schools Rating-Ranking-Awards has now become the most esteemed awards ceremony in the education . . . Read more »
Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. . . . Read more »
Mobile service provider Ncell has introduced a free online chat service on its official website. Now customers can visit Ncell’s official website www.ncell.com.np, select the online chat button, fill all the details (name, mobile number and email) required and get connected with the Ncell support team instantly, said a press . . . Read more »
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 »
The NewBiz Rating-Ranking-Awards 2018 is an event to honor the B-schools that have been producing future leaders, entrepreneurs and managers. Undoubtedly, it is due to the lack of efficient managers our country has not been able to . . . Read more »
“Political stability is the most essential factor for the economic development of a country,” says Anil Kumar Rungta, Director of Jagadamba Enterprises Pvt Ltd. Apart from being an entrepreneur, Rungta is also actively involved in . . . Read more »
Mega Bank has launched 56 or 53 branchless banking service outlets in various part of the country, said the bank in a press release. According to the bank, these outlets are serving 18 districts outside the valley. . . . Read more »
With the increasing business and economic activities, the demand of private security guards has been rising in Nepal. The growing security threats in the recent years led the companies in various . . . Read more »
I would like to thank New Business Age for organising such an important programme. The banking fraternity is closely watching NewBiz B-School Rating-Ranking . . . Read more »
