‘Economic Roadmap for Prosperous Nepal’ was the main theme of 8th NRN regional conference held on Nagano, Japan from September 18 to 19. About three hundred NRNs had participated from different part of the globe to discuss on the given theme. . . . Read more »
Politicians are talking about forming a national consensus government in the aftermath of the earthquake. However, such a government is neither practical nor democratic nor desirable. . . . Read more »
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 »
More than 100 private companies in Nepal are active in the hydropower sector at present. Shailendra Guragain was recently elected as the chairman of Independent Power Producers Association Nepal . . . Read more »
Verne Harnish, founder of EO, is an influential personality in the entrepreneurial realm. He is also the founder and CEO of Gazelles, a global executive education and coaching company. Holding more . . . Read more »
‘Nepal does have natural resources. They are of course our growth potentials but not necessarily the key element needed for our future economic growth. The key element is human resource; the . . . Read more »
An advice to all visiting America, pork ribs and steak are a must! Fruits and vegetables are costlier hence people tend to eat junk and fast food which are relatively . . . Read more »
The Multiple Use Water System (MUS) group is a network of organisations and individuals active since 2003 for rural and peri-urban people’s need of water for drinking, cooking, washing, sanitation, watering animals, growing food and generating . . . Read more »
Established in 1990, Association of Pharmaceutical Producers of Nepal (APPO) is the representative body of 50 Nepali pharmaceutical companies. Among them 37 are WHO-GMP . . . Read more »
Currently, the debate over taxation is intensifying. A wide spectrum of the populace, from business people to the general public, are voicing their concerns related to the tax arrangements set by the . . . Read more »
The theme of this conclave which is ‘Unlocking Nepal’s Growth Prospects’ is very timely. It is often presumed that for fast economic growth, a country needs a good natural resource . . . Read more »
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 »
Since its inception in Nepal in 2013, Kaymu, an e-commerce platform that connects buyers and sellers, has grown to become a large online shopping community in the country. The company has 1,000 active sellers more than 35,000 products registered in 150 plus categories on its website. . . . Read more »
“It is very important for people to dream a little bigger,” says Ajit Bikram Shah, Director and CEO of Lotus Holdings. Lotus Holdings is a venture capital enterprise working in the area of . . . Read more »
Corporate Movements December . . . Read more »
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 »
The April 25 7.9 magnitude earthquake and its aftershocks have badly bruised the body and spirit of Nepal. Over 8000 lives have been lost, according to official estimates. The number of disappearances is unknown but frightening. One has no idea of what lies under the debris of nearly 800,000 destroyed and damaged . . . Read more »
The Investment Board and the Ministry of Industry of Nepal have jointly brought out a new guide for investment in Nepal. This follows earlier guide that UNCTAD and ICC had jointly brought out in . . . Read more »
Nepal and India
Two Natural Partners for Power Trade
The Nepal-India power cooperation started decades ago. Since the construction of the 1MW Fewa 1 hydropower project, the first hydropower project with Indian assistance, in the late sixies, the two . . . Read more »
Toastmasters International is a US-based worldwide non-profit educational organisation that empowers individuals to become more effective communicators and leaders. Founded in 1924 by Ralph C Smedley in Santa Ana, California, Toastmasters is now present in 141 countries with 16, 500 clubs and 350,000 people attending the organisation’s meetings . . . Read more »
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 »
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 »
The National Planning Commission (NPC) has prepared a plan for the rehabilitation and reconstruction of the country following the earthquake. Janardan Baral and Shakuntala Joshi of New Business Age talked to NPC Vice-chairman Prof Dr Govind Raj Pokhrel on various aspects of the plan. . . . Read more »
First of all, may you get to drink as much whiskey, vodka and beer as you want throughout this year! Going by the advertisements seen these days in the Nepali newspapers and the bottles of various . . . Read more »
The benchmark index fell by 75.06 points (or down 4.83%) to close at 1493.29 last month. The index is hovering below the 50-day, as well as the 200-day moving average. This shows the market to be in a bearish mode in the course of last . . . Read more »
In 2015, Rajesh Bir Singh Tuladhar, executive chairman of Nepal Liquors Pvt Ltd, was going through a wide range of emotions. “We were nervous, excited and hopeful at the same time while bidding for . . . Read more »
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Osteoporosis is a condition in which the bone mass decreases. This leads to weakness in the bones of the body and consequently increases the risk to fracture. The spine, hip, wrist and shoulder bones are prone to fractures. . . . Read more »
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 »
This year is going to be different in Nepal’s government budgeting. The Finance Minister will hopefully present the budget to the parliament on May 28 as stipulated in the new Constitution, instead . . . Read more »
It’s a case of mistaken identity. You may think you are a marketer, but actually you’re now a ‘growth hacker’. At least that’s the case if you want to keep your job. That marketers – whether in innovation or communication – have become or need to become ‘growth hackers’ is the central thesis of the growth hacker formerly . . . Read more »
Established in January 2005, Garud Securities Pvt Ltd has been successful in creating its own brand setting high standards in terms of providing private security services in Nepal. Garud’s diverse . . . Read more »
Discussions on the actual purpose of business organizations have been going on for long in Nepal. Some argue that businesses are created simply to serve the interest of the investors while others claim that the purpose is to go beyond serving the sole interest of the investors and . . . Read more »
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 »
These are tough times to be representing the country abroad. Although Nepal now has a constitution, and hence the decade-long political transition has formally ended, disagreements over the new . . . Read more »
Being the only member from Nepal in the Global Alliance for Banking Values (GABV), NMB Bank, a joint venture of the Dutch development bank FMO, is hosting the 9th GABV 2017 conference in Nepal on . . . Read more »
Jagdish Prasad Agrawal, chairman of Nimbus Group has spent five decades in the industrial and business sectors. Agrawal who successfully established Nimbus as the country’s major agribusiness has . . . Read more »
Corporate Movements September August . . . Read more »
The landmark agreement to liberalize global trade has hit a gridlock after India refused to accept the pact following the country's disagreement on food subsidies. The Trade Facilitation Agreement (TFA) or the Bali Package, agreed by the Ninth Ministerial Conference . . . Read more »
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 »
The Japanese consumer electronics manufacturer Sony recently opened its exclusive showroom at Jawalakhel, Lalitpur. Masaki Matsumae, President of Sony Regional Market Development Centre was in Nepal . . . Read more »
Covering an area of 42 ropanis, Pataleban provides mesmerising views of the Langtang, Ganesh, Manaslu, Annapurna Himalayan ranges and the valley of Dhading. . . . Read more »
“I like taking challenges. Challenges help an individual to grow, both personally and professionally,” says Rahul Agrawal, Director of the Siddhartha Group. Agrawal who is in the post since 2012 . . . Read more »
The first federal government budget indicates that the government has taken a backward momentum in terms of taxation. There has been 5 percent customs buty increment on the impart of agricultural commodities. Such used to be levied also in the part but was abandoned long time back. Likewise, tariffs on the import of many commodities have been increased. To stop illegal imports of goods and commodities, the government should have reduced the . . . Read more »
Dr Rahul Mirchandi is the executive director of the Indian fertilizer company, Aries Agro Limited. This 42-year-old company that claims to have been manufacturing eco-friendly fertilizers, recently tied up with Alpha-Agro in Nepal. . . . Read more »
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 »
It’s a very old, but interesting story. Birgunj's Shrisiya dry port (Chandal Chowk those days) was popular as a grain market. The farmers in those days used to bring their grain on bullock carts. . . . Read more »
The business of food has gained noticeable momentum over the past few decades and the number of people joining the business has grown significantly. The increasing spending capacity of Nepalis has . . . Read more »
To compare Nepal and Switzerland, in tourism, may appear outrageous or even silly considering Switzerland’s outstanding reputation and achievements in the international tourism market. But such . . . Read more »
According to Harvard economist Daron Acemoglu, tax revenue as percentage of GDP is generally higher among countries with higher per capita income. Nepal is an anomaly in the global trend. For a . . . Read more »
Ng Tian Beng is the vice president and managing director of Dell for South Asia region, looking after 30 countries including Nepal. Accompanied by Mir Sadat Ali, country manager for Nepal and Rest of Asia Pacific (RoAP), Beng was recently in Nepal on a business . . . Read more »
The devastating 7.6 local magnitude (ML) Gorkha earthquake which struck Nepal on April 25 and the subsequent aftershocks have caused more than 30,000 casualties including over 8,600 deaths. In . . . Read more »
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 »
The rise of designer wear in Nepal over the past decade has been nothing less than meteoric. With Nepalis earning more, the demand for high-end fashion has soared and a number of boutiques are taking . . . Read more »
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 »
During his recent trip to the United States to participate in the annual meeting of The World Bank, Minister for Finance Dr Yuba Raj Khatiwada presented Nepal as the most competitive country in South . . . Read more »
Nguyen Quang Hao is the deputy general director of the Vietnam based SRC Tyres. Chosen as the “Famous Brand in 2013” by the Chamber of Commerce and Industry of Vietnam (VCCI), the company has won many titles and awards and is renowned for its excellent quality and services. . . . Read more »
Forty-one percent (7,532) schools out of 18,289 were completely destroyed in 49 districts, but 4,650 schools are affected in 14 major-hit districts. 2,106 toilets and 1,363 drinking water fountains in schools were also . . . Read more »
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 »
The benchmark index took a bearish ride at the beginning of last month, dropping as low as 1252.5 level. In the course of the month, Nepse lost a staggering 104.99 points (or down -6.93%) to close at 1357.57. Uncertain political environment and higher fixed deposit rate by the banks continues to create bearish sentiment in the . . . Read more »
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 »
Shreejana KC, an IT enthusiast and a student of multimedia was working in an animation studio when the idea of starting an organisation that doubles as an academy and a studio crossed her . . . Read more »
