Should Ncell (Pvt) Ltd. pay the capital gains tax on the sale of its ownership by its earlier owner Telia Company to present owner Axiata? The answer differs depending on whom you ask. Obviously, the company says it need . . . Read more »
In a crowded place like Kathmandu, it’s increasingly becoming difficult to find a restaurant with a fine ambience. Even if an eatery with an on-par level of ambience is found, the quality of food can be a bit of a hit or miss affair. Mela Restaurant and Bar has the answer to this conundrum faced by restaurant goers. . . . 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 »
On the first trading day of the review period the secondary market had witnessed the highest rise as the benchmark index settled at 1083.55 points, a new high since the last 6 years. On the same day Nepse had attained the highest turnover of NPR 1.20 billion on a single trading day in its . . . Read more »
The spending capacity of the Government of Nepal is quite poor, to say the least. The government has been routinely allocating capital expenditure, also known as the development budget, every year. But it has routinely failed to spend the money. In the first nine months of the current fiscal year, the government has been able to spend only about 26 percent of the development budget. . . . 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 »
When the issue of who should be appointed the new chairman of the Insurance Board (IB) cropped up in a Cabinet meeting a few weeks ago, the Finance Minister took out a name-list from one of the . . . 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 »
Nepal is becoming a major market for automobile brands. Almost all auto brands are present here and it feels nice to know that new entrants are finding Nepal as a potential market to sell their passenger vehicles. In this regard, the story titled 'Driven by Demand' was very . . . Read more »
Rumour has it that Kathmandu’s name is going to change. The word Kathmandu was originally derived from Kasthamandap, a Hindu style temple in the city that was destroyed by last year’s earthquake. . . . Read more »
Prime Minister Pushpa Kamal Dahal has two daunting but urgent tasks ahead. First is amending the constitution so as to address the demands of the Madhes-based parties. And second is holding local . . . Read more »
BBIN MVA is significant because of Nepal’s landlocked status and if we want to look at our comparative and competitive advantages, connectivity beyond India makes more sense. BBIN will basically help us to connect with Bangladesh and Bhutan via . . . Read more »
It remains a classical debate if the aggressive city-centred, technology-driven, consumerist ethos fosters a greedy and grabbing motivational atmosphere. And this leads to unethical behaviour in the man vs. nature relationships in the first place, followed inevitably by a virtually uncontrollable flood of ethical violence in human . . . Read more »
Since this is the year of implementation of the new constitution promulgated in September last year, a new beginning should also start by revising the list of public holidays. . . . Read more »
After assuming office in August 27, 2016, Industry Minister Nabindra Raj Joshi has been focusing his efforts to improve the climate for the industrial sector which has been a victim of the prolonged . . . Read more »
India-based Kich Architectural Product Pvt Ltd is an architectural manufacturer of hardware products for residences and public buildings. A family-owned business established in 1992, it is one of the leading manufacturers of stainless steel hardware products in . . . Read more »
Spine fractures or spine injury occurs as a result of trauma to the bones (vertebrae) or ligaments of the spine. In Nepal, road traffic accidents and fall injuries account for the majority of spine . . . Read more »
“The contribution of the manufacturing sector to the GDP is lowest in Nepal in entire South Asia. This is not a good sign for the . . . Read more »
Death doesn’t make an announcement before it comes; it is often sudden and unexpected. But a death as unexpected and sudden as that of Sushil Koirala is rare, especially when one considers who he . . . Read more »
Vijay Kumar Shah, Founder Chairman of the Himalaya Distillery Limited has been active in the liquor business in Nepal for the past fifty years. Shah who is the Chairman of Jawalakhel Group of . . . Read more »
Fenesta Building System, a part of the DCM Shriram Group with USD 1 billion net worth, is one of India’s leading companies to manufacture windows and doors from Unplasticized Polyvinyl Chloride (UPVC) resins. Established in 2002, Fenesta started expansion of its operation at international level since 2017 from Thimpu, . . . Read more »
Despite the efforts of seven decades to catch the bus of development, Nepal has not been able to do so. What may be the reasons? Before 1951, Nepal’s economy stood on a single leg only. As a result, the country’s development would limp on the Chandra Shumsher-path or Tribhuvan-path as and when the Palace so wished. . . . Read more »
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 »
Corporate Movements November . . . Read more »
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 »
Nepal Inc. is finding mediation way for dispute resolution more effective that than fighting it over in the courts. . . . Read more »
Prime Minister Sushil Koirala laid the foundation stone of the Bheri-Babai Multipurpose Project at a programme in Hattikhal of Bheriganga Municipality, Ward No. 15, Surkhet, on April 2. The government has attached top priority to this project, which is also a project of national pride, among the eight other multipurpose . . . Read more »
It was very good news that the domestic pharma industry has managed to remain in good health despite the major earthquake and India’s unofficial blockade (cover story ‘The Health of Nepali Pharma Industry’, NBA, Feb 2016). Not only that they also showed prompt initiatives to the people in need through different CSR activities and ensuring smooth supply at fixed prices. . . . Read more »
Yes, many of the CEOs fail. It is a strong assertion, startling and dismally disappointing. But it is a fact. The failure rate of enterprises world over is much higher than success. All the failure . . . Read more »
The benchmark index gained a modest 24.65 points (or up 1.67%) to close at 1568.35 last month. The index continues to move close to the 200-day moving average, which acts as a support level to the index. Favorable political outlook has triggered a bullish sentiment in the market. . . . Read more »
With the volume of internet users in the country growing every passing year, the discourse surrounding 'Net Neutrality' is gaining momentum in Nepal. Public pressure is mounting on Internet service . . . Read more »
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 »
Prostyle, male grooming range from Dabur Nepal, has signed an MoU with Group of Event Entertainer (GEE) this year too for sponsoring Manhunt International Nepal 2015. GEE has been organizing the Manhunt International since . . . Read more »
Foreign Aid Dynamics
Humanitarian or Development ?
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 »
The country has no jobs. Without jobs, there’s no fame or wealth. And when there’s no money to be made, naturally there’s no food. To make some money and to make sure that their families back . . . Read more »
Kailash Helicopter Services (KHS) Pvt Ltd, the newest helicopter service company in Nepal, has been able to carve out a separate identity and position for itself in the country's aviation sector . . . 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 »
Hotel Soaltee Crowne Plaza has resumed its operations from 5th May. “To be in line with the International safety and security standards, we had to close hotel for few days to ensure that the building and infrastructure is in normal condition and it is absolutely safe to stay for our guests. . . . Read more »
Stakeholders have stressed on the need for committed efforts from all concerned for the development of Eastern Terai. Participating in an interaction held at Biratnagar on the topic “Nepal’s Development Issues and Nepal-India Relationship,” jointly organized by New Business Age Pvt. Ltd. and Aarthik Abhiyan Daily on February 10, the stakeholders alleged that the political leadership was indifferent towards the country’s development. . . . Read more »
Launched nearly sixty years ago, Khukri Rum has become synonymous with rum in Nepal. Found in restaurants in London to Everest Base Camp, it is one of Nepal’s iconic brands and has satisfied the . . . Read more »
Nudges are more important than nagging. That perhaps summarises the essence of the nudge theory for which Chicago University’s Professor Richard H Thaler was awarded this year’s Nobel Memorial . . . 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 »
Sula Vineyards, considered as the pioneer of Indian wine industry has expanded its foothold in Nepal where it entered three years ago. Established in 1997, the Nasik-based winery has a wide variety of award winning wines in its . . . Read more »
The sole distributor of KTM bikes Hansraj Hulaschand has opened an exclusive outlet at Pulchowk, Lalitpur which was followed by second exclusive service centre at Jawalakhel. The brand new showroom will offer customers the exhilarating range of KTM bikes as well as KTM Power-wear . . . Read more »
Access to a high speed internet in today’s world has translated into higher levels of productivity and efficiency in work that ultimately results in the overall development of any . . . Read more »
The main reason why this alliance took place at this moment, right before two crucial elections, is the Maoists' perception of their own . . . 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 »
TCL, the Chinese consumer electronics major is expanding its foothold in the Nepali market. The world’s third largest TV manufacturer is planning to launch some new products this year. Jane Luo, Department Chief, Asia Business Department, TCL Multimedia Holdings was recently in Nepal to examine the business of TCL in the country’s . . . Read more »
Bank of Kathmandu (BoK) has established branch offices at Kailali in Lamki and Rajapur in Bardiya. Director of the bank Govinda Prasad Sharma inaugurated the Lamki branch office while director Prof. Dr Hem Raj Subedi opened the Rajapur branch in separate programmes on Feb 18, the bank . . . Read more »
With 17 strong years of expertise in management education, Ace Institute of Management has established itself as a pioneer in management studies in Nepal and has produced 2,565 graduates till date. . . . Read more »
It’s something that courses through our veins. We do it for a purpose; we do it involuntarily. Every day each of us sells all kinds of stuff (thoughts, things, ideas) to others. Daniel Pink explains how in To Sell is Human A behavioural expert with a background in politics and . . . 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 »
By the magnitude of his ‘flexibility’ shown in recent days including the withdrawal of the three-day Nepal bandh after the first day and taking the constitution writing process forward, it would appear that Prachanda has greater things in store for the New . . . Read more »
The country’s second cable car system, the Thankot-Chandragiri line, is almost ready to take off. “If everything goes according to the plan the Nepali New Year (Baisakh 1) is going to be . . . Read more »
Waste Not, Want Not
New Ways of Urban Farming
Proper management of food waste is a worldwide problem. Every time foodstuff is thrown away, the energy, money and time spent on growing the crops is wasted. Besides this, rotten food releases . . . Read more »
