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Cover Story

The Story of Nepali Startups

The startup scene in Nepal has changed significantly over the last five–seven years, with new and young entrepreneurs coming up with innovative ideas every year. Today, though there is no official data, the number of successful startups in Nepal is estimated to be above 50. . . . Read more »

Cover Story

Experts' View November 2014

echnology sector is all about innovation. Coming up with new ideas only is not just enough for tech entrepreneurs. To sustain growth they must constantly innovate themselves. . . . Read more »

Tech Talk

Tech Talk November 2014

CG Impex Pvt Ltd, the sole authorized distributor for Lava Mobiles has launched Lava Iris X5 as the successor of its Iris X1. According to the company, the smartphone is a perfect combination of superlative camera performance and a graceful design to meet the needs of the selfie generation. . . . Read more »

Gadget Focus

Samsung Galaxy Note 4 : For Power and Productivity

Since its launch in 2011, the Samsung Galaxy Note series have been the metonym for 'phablets'. Needless to say, the advent of the Note phablets started a trend in the global mobile arena that forced every manufacturer to produce . . . Read more »

Tourism Focus

North East India: Hidden Paradise

India is geared up to exploit the untapped tourism potential of its north-eastern states. In a bid to highlight the not-so-familiar eight north-eastern states, the Ministry of Tourism, Government of India, in association with the North Eastern States and West Bengal . . . Read more »

Tourism and Aviation

Tourism News November 2014

The Garden Terrace restaurant at Hotel Soaltee Crowne Plaza has introduced a new a la carte menu. The new menu includes more than 100 varieties of appetizers, main courses, light meals and special . . . Read more »

Global Business Trends

Global Business Trends 2014

Singapore has been ranked the best country to do business for a ninth consecutive year, according to an annual survey by the World Bank. New Zealand came second and Hong Kong third in the . . . Read more »

Interview

‘‘PDA for Upper Karnali & PTA with India are game changers for Nepal’’

The Investment Board (IB) of Nepal is buoyed up by the signing of the Power Development Agreement (PDA) with India’s GMR for the development of the 900MW Uppere Karnali hydroelectricity project. IB’s Chief Executive Officer (CEO) Radhesh Pant thinks the PDA . . . Read more »

Personality

A Businessman Who Loves Challenges

Pradeep Kumar Kedia, Director of Kedia Organization strongly believes that for every problem, there is a solution. “No problem is without a solution. But figuring out the solution requires enough skill and expertise,” says Kedia, who is also the Senior Vice President of Birgunj Chamber of Commerce and Industries (BICCI). . . . Read more »

Corporate Focus

Exploring Ecotourism

The Explore Nepal Group has identified itself as a hospitality company that offers authentic and exotic Nepali lifestyle and flavour to its guests. The group through its two hotels, a wildlife camp and an eatery, . . . Read more »

Corporate Focus

Prabhu Bank: Expanding for Good

Prabhu Bank Ltd formed recently by merging four financial institutions—Kist Bank Ltd, Prabhu Development Bank Ltd, Gaurishankar Development Bank Ltd and Zenith Finance Ltd has finalized system integration and is currently integrating its staffs and corporate . . . Read more »

Gadget Focus

Shangri-La Village Resort: Leader in Hospitality

Renowned for delivering excellent customer services, the Shangri-La Village Resort, Pokhara recently won the prestigious World Travel Award 2014 for Nepal's Leading . . . Read more »

Corporate Focus

Classic Developers: Apartments from Diamond House

Classic Developers (CD) has resumed its first ever project in the housing sector after a halt of around two years. The project ‘Classic Tower-Phase 1’ is currently being constructed and will require another 12 months to . . . Read more »

Banking Activities

Banking Activities November 2014

Century Bank and Samriddha Pahad have signed an MOU with an aim to uplift the financial status of people living in rural areas by financing in agriculture, livestock, entrepreneurship and business sectors through co-operatives situated in remote . . . Read more »

Biz Launches

Biz launches November 2014

Samsung has introduced its range of curved TVs in the market. According to the company, the curved TVs elevate the television viewing experience with deeper sense of depth, wider viewing angles and a clearer picture quality with higher contrast . . . Read more »

Sectoral

Bottlenecks of Nepali Paper Craft Industry

Nepali papercraft industry is one of the country’s major exports that have good scope in generating employment at the local level with minimum capital requirement. Lokta or Daphney paper products have been an important part of the papercraft . . . Read more »

Stock Taking

Privatization, Corporatization and Strategic Partner for NEPSE

Historically stock exchanges started as a mutually governed, non-profit making, self-regulated cooperative like structures. Mostly brokers were the owners of such exchanges. However, due to the change in the technology and the concept of securities commission as apex . . . Read more »

Stock Taking

Monthly Technical Analysis of Nepse November 2014

After two continuous trading periods of huge declines, Nepse has stabilized in recent times. Compared to the previous period, Nepse made an upward gain of 25.96 points (or 2.88%) closing at 925.85 points. . . . Read more »

Stock Taking

Market Stalled after Losing Steam

The Nepali stock market remained stable during the review period despite the recent sharp fall. The benchmark Nepse index added 3.71 points or 0.40% to reach 923.59 while the session’s high was on 30 September with 937.99 and lowest was on 22 September with 881.87. . . . Read more »

Management Gyan

Analyzing Humongous Bonus Distribution by Surat Diamond

Last week came incredible business news that amazed many people in India and abroad. This news was about an Indian diamond based business company, named Hari Krishna Exporters, giving generous bonuses to its employees. . . . Read more »

Management Gyan

Science of Military and Management: A Management Perspective

here are numerous philosophies of organization and management. Every organization follows different ways to manage the organization so as to fulfill their objectives; it may be profit maximization, wealth maximization or service delivery. . . . Read more »

Management Gyan

The Ethics of Office Romance

Given the time we spend at workplace, almost a third of a day, it might seem as the most promising venue to look out for romance, flirtations, or even a hook-up. After all, the place where we spend a greater part of our day, we have a whole lot of time to share our interests, goals, and . . . Read more »

Business Education

Doing Diploma in Management

Management education has seen a tremendous growth and created milestone in the recent years. Increasing need of professional managers in all sectors of the society, inside and outside the country, has contributed to the increased demand of management professionals . . . Read more »

Spine Column

Back Pain and Emotional Distress!!!

Four out of five adults will experience back pain in their life time. Fortunately, majority of the pain will subside in a few weeks. PAIN is a complex experience that includes both physical and psychological factors. It is quite normal to have emotional reactions to back pain . . . Read more »

Economy and Policy

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 »

Economy and Policy

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 »

Economy and Policy

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 »

Economy and Policy

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 »

Business Visitors

‘‘We will be among top five smartphone brands in Nepal by 2015’’

Panasonic, the Japanese consumer electronics giant has made a comeback in the smartphone arena years after it quit the global mobility business. The company which has confined its mobile handset business in Japan is now seeking to explore the . . . Read more »

Business Visitors

‘‘New Generation Scorpio delivers exceptional value and accessible technology’’

Sagar Bhadkamkar is the deputy general manager for exports and sales of Mahindra and Mahindra Ltd. The company recently launched a new product, New Generation Scorpio. . . . Read more »

Nepal Politics

Democracy Vs Minority Diktats

If the ongoing irresponsible behaviour of some of the key political players of the country doesn't come to a halt, it is certain that the Constituent Assembly-Two (CA-II) will also not be able to deliver a new democratic constitution for the 'federal new . . . Read more »

Biz News

Biz News November 2014

Nepal’s hospitality industry is expecting more than half dozen of new star hotels to open up for its guests within 2016. Hotel Association of Nepal (HAN) confirmed the reports and claimed that investment commitments made by various Nepali business houses and organizations . . . Read more »

Biztoon

Biztoon November 2014

Biztoon November . . . Read more »

Voices

Voices November 2014

‘‘Nepal is a virgin land for investment. Now it’s time for Non-Resident Nepalis (NRNs) to invest in their . . . Read more »

Feedback

Feedback November 2014

Several schools of thoughts and debates are ongoing in Nepal about exploring the foundations of Nepali economic growth. One of such attempts was the second conclave organised by New Business Age Pvt Ltd. . . . Read more »

No Laughing Matter

Fundamental Right to Corruption

It is a common understanding in Nepal that everyone in the country is corrupt. Be that bureaucrat or businessman, politician or physician, lawyer or lawmaker, academician or architect, judge or journalist, or any profession or person you name it, is corrupt on . . . Read more »

From the Editor

Commendable Contract

Nepal has been successful in initiating important economic reforms, ahead at least of her South Asian peers. The process of economic liberalization began in 1984, eight years before India began its first generation of reforms. The financial sector reform too was undertaken . . . Read more »

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Nepal in the Throes of Indian GST
After years of exercise, India finally implemented the goods and services tax (GST) from July 1, this year. That too by amending its constitution in the middle of the night! Those who think that the issue of constitution amendment crops up in Nepal only now know that it happens in India as well. In . . . read more »