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 treated equally by all Internet Service Provider (ISP) and governments, ensuring the same . . . Read more »
Hydropower projects have been identified as the major attractive ventures for FDI given the export potential of hydroelectricity in the sub-continent and constricted investment capacity of Nepali . . . Read more »
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 »
The 18th Summit Meeting of the leaders of the South Asian Association for Regional Cooperation (SAARC) concluded in Kathmandu on November 27, endorsing a 36-point Kathmandu Declaration. The Declaration has, among other decisions, expressed a renewed . . . Read more »
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 »
Participation of the private sector essential for the sustainability of health . . . Read more »
Nepal has been offering integrated security solutions including manned security, cash security services, modern electronic safety security systems and technology for security purposes. Totally owned . . . Read more »
Affiliated to Westcliff University, USA, PBS introduced the programme to teach students how to maximize customer value and achieve a sustainable competitive advantage in terms of managing the supply . . . Read more »
Nepal had no regulations on drones until 2015. During the earthquake in 2015, many organisations used the technology for aerial images and videos of the affected areas and heritage sites. There was . . . Read more »
Unnerved by the spectacular fall in oil prices, the global market is struggling to shake off the recent rout. After hitting USD 115 per barrel on June 19, Brent crude, the global benchmark, has plunged more than 30 per cent . . . Read more »
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 »
Nepal is getting the second government under the new Constitution. What difference will it make for the business and economy? A lot or not at all? It is tricky to answer the question. Because there . . . Read more »
Established in 1966 as a private company and converted into a public limited company in 1993, Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and . . . Read more »
In less than three years of its inception, Godam Sewa has successfully expanded its business footprint and is providing a reliable warehousing and storage solution to its clients. At present, the . . . Read more »
Discourses on modern marketing, advertising and branding started in Nepal more than two decades ago. Today, the talks are about the metrics for quality of products for producing standard commercial . . . Read more »
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 »
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 »
Corporate Movements December 2020 . . . Read more »
Unilever Nepal Limited (UNL), a part of the global multinational corporation Unilever has been present in Nepal for 28 years. Through its manufacturing unit in Hetauda, the fast-moving consumer goods . . . Read more »
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 »
Over the past nine months, construction contractors have not been able to work as per their contract agreements with the government due to the severe disturbances created by the Covid-19 pandemic. . . . Read more »
When the new financial setup under the federal system was under preparation, a policy was formulated to encourage commercial banks to expand their presence in all the 753 local levels of the country. . . . Read more »
People still ask time and again: Why did we go for federalism? To honour the identity of different communities? To ensure representation of all? For all-round development? What is the achievement of . . . Read more »
The time has come to cut the bureaucratic red tape and liberalise the licensing regime for a better business environment in the . . . Read more »
Rising losses mainly due to the upsurge in global oil prices following the Russian invasion of Ukraine has set off the alarm bells for Nepal. The state-owned Nepal Oil Corporation (NOC), which enjoys . . . Read more »
I had gone to Nepal’s only international airport to find out its preparations for Visit Nepal 2020 when I ran into some Chinese tourists. I had read in the news that Xi Jinping has prevented his . . . Read more »
After going through a tumultuous period of nine months as a result of the Covid-19 pandemic, the Nepali economy is slowly getting back on track with the resumption of economic . . . Read more »
How many times should we rack our brains thinking about the mess in Sri Lanka, the dirty politics in Pakistan, and our own politics and economy, which, sadly though, are on the same path as that of . . . Read more »
While addressing the House of Representatives on February 14, Prime Minister KP Sharma Oli presented a rosy picture of his government’s performance. There was no specific reason or occasion for the . . . Read more »
“An entrepreneur always needs to be able to look at the broader picture, which helps them to keep going even during challenging times,” says Surakchya Adhikari, co-founder of Thulo.com, an . . . Read more »
In the past, to rise to power, you would need courtiers who could swing the sword to kill for you. Today, you need hired crowds who have tongues sharper than swords with the skill to shout slogans in . . . Read more »
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 »
At a time when the Nepali business community is facing various difficulties, the election of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), scheduled for April 11, is viewed as . . . Read more »
The formation of the Nepal Communist Party was conceived and executed solely by the then CPN-UML Chairman KP Sharma Oli and Pushpa Kamal Dahal, then chair of CPN (Maoist Centre). Now, as the party is . . . Read more »
Yes, the word ‘mess” can best describe the environment in which the businesses are in right now. The dictionary defines a ‘mess’ as a situation that is very complicated or difficult to deal . . . Read more »
Unveiling the latest report titled 'Economic and Social Survey of Asia and the Pacific 2022' prepared by Economic and Social Commission for Asia and the Pacific, Kiatkanid (Wan) Pongpanich, . . . Read more »
The discourses related to women entrepreneurship have become broader in recent years. The government, banking and other stakeholders are putting an effort to address the needs and demands of women entrepreneurs. However, scarcity of dedicated survey, reliable, updated and valid data continue to be key obstacles to understand the challenges specific to women . . . Read more »
On September 16, a 16-teamdelegation from Bahrain along with their prince Shaikh Nasser bin Hamad Al Khalifa landed in Nepal with the purpose of ascending Mt. Manaslu, the eighth highest peak in the . . . Read more »
Last year the Government of Nepal and the World Bank signed a $60 million financing agreement for the Nurturing Excellence in Higher Education Program to improve the quality of Nepal’s higher . . . Read more »
What if Nepal either stops receiving remittances or there is a significant decline in the transfer of hard-earned money by Nepali workers abroad? This question—even hypothetical—should give our . . . Read more »
As highlighted in the cover story of this issue of New Business Age (Pages 16-22), the Nepali economy is facing multiple challenges that require urgent attention. . . . Read more »
Upon reaching Dhapakhel, we go through a muddy road from where we see a house-like structure made up of galvanised metal sheets. In between four ropanies of land, we find the factory of Pure Joy Pvt. . . . Read more »
In these tumultuous, uncertain and challenging Covid times, there must be thousands of individual stories of bravery, sorrow, triumph and despair. . . . Read more »
The buffalo and the government have much more in common. A buffalo’s skin is black, while the government’s deeds are . . . Read more »
Looks like the mystery of the missing money has got our former finance ministers in a . . . Read more »
Nepal Cake and Bake’s charms may not be immediately apparent. This modestly sized café located in Baneshwor will win its patrons over with its rich blends of coffee, sumptuous desserts and a . . . Read more »
The last nine months of the Covid-19 crisis has translated into an event of misfortune for many Nepali startups leading the budding companies towards collapsing altogether. In contrast, there have . . . Read more »
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 »
Nepal receives a significant share of remittances to GDP every year. The government data shows that the total remittance inflow translated into 22.53% of the total GDP in 2020/21. . . . Read more »
Nepal's position in the world in terms of information technology is still relatively low, especially when compared to developed countries that have invested heavily in the . . . Read more »
Two years of KP Sharma Oli government has been a mixed bag. Some progress can be visible but not to the expectations of the public who gave Nepal Communist Party a thumping majority expecting changes . . . Read more »
Chemical industry is regarded as a strategically important sector. The inorganic chemical industry is comprised of activities related to production of inorganic compounds, fertilisers, reagents and . . . Read more »
Liquor Indicators September 2021 . . . Read more »
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 »
Out-migration from Nepal—a landlocked and least- developed country—has surged in the last two decades. Now, a third of households has at least one member abroad and Nepal has one of the largest . . . Read more »
The National Business Initiative (NBI) was founded in Nepal in 2004, with the belief that businesses should be able to operate even in the most adverse situations. . . . Read more »
