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Cover Story

Ushering Nepal In The Smarter Age

With the growing tech-savvy population, Nepal's gadget market now has the presence of almost all global and regional smartphone brands. Despite being a small market, Nepal is getting more lucrative to them as the demand for smartphones is on a sharp rise. . . . Read more »

Cover Story

Experts' View January 2015

Samsung is the number one mobile phone brand in the world, with highest market share in total mobile phone sales and highest market share in total smartphone sales. One of the reasons behind its high popularity is that the company is investing millions of dollars every year for research . . . Read more »

Feedback

Feedback January 2015

The cover story of New Business Age's December, 2014 issue titled 'The Himalayan Power Revolution in the Making' raises hope for the Nepalis who are daily facing long hours of electricity-cut or the 'loadshedding.' Nepal's hydropower sector has long been . . . Read more »

Voices

Voices January2015

Ashok Kumar Temani, immediate past president of Birgunj Chamber of Commerce & Industries (BiCCI) and executive committee member of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI). . . . Read more »

Biztoon

Biztoon January 2015

Biztoon January . . . Read more »

Biz News

Biz News January 2015

Ncell App Camp 2014 has awarded ICT for Agriculture the best app award from the competing 24 apps. The app provides information about weather condition and the market value of agricultural goods. The winners were awarded half million as cash . . . Read more »

Biz Launches

Biz Launches January 2015

Laxmi Intercontinental, the authorized sole distributor of Hyundai vehicles for Nepal has launched its new consumer scheme “Hyundai Winter Fest”. With this offer, customers on purchase of Hyundai vehicles can save from Rs 104,500 to Rs 627,000 through cash . . . Read more »

Banking Activities

Banking Activities January 2015

Standard Chartered Nepal organized a fund raising programme ‘Walkathon 2014 - Walk for a Brighter Tomorrow’ on 22nd November. According to the Bank, the Walkathon was organized to raise funds in partnership with its stakeholders to increase awareness . . . Read more »

Tech Talk

Tech Talk January 2015

Generation Next Communications is appointed the authorized distributor of Apple products iPhones and iPad for Nepal. The company also has been distributing Macbook, iMac and iPods for the last three years. . . . Read more »

Gadget Focus

iPhone 6 : An All-Round Performer

With the start of the authorised sales of iPhones in December, the US tech giant Apple is all set to take the center stage of Nepali gadget market. The much awaited iPhone 6, launched along with the phablet- iPhone 6 Plus, is not just an upgrade. . . . Read more »

Tourism and Aviation

Tourism News January 2015

The Nanglo Café and Pub at Durbar Marg has shut down its operations after almost four decades of service. Shyam Sundar Lal Kakshapati, Founder of Nanglo has said that the restaurant is closed as the land lease was expired and the landlord refused to renew the lease. . . . Read more »

Global Business Trends

Global Business Trends January 2015

Saudi Arabia's oil minister, Ali al-Naimi, has said oil producers' cartel Opec will not cut production even if the price falls to USD 20 a barrel. His comments reinforce Opec's recent policy change away from restricting output as prices fall. . . . Read more »

Economy and Policy

Infrastructure Development in Nepal: More Issues

In this article, retired Justice Upreti discusses some additional issues that hinder Nepal's infrastructure development. Some other issues were discussed in his article that appeared in December 2014 issue of . . . Read more »

Economy and Policy

Inequality – Plight to Economic Growth

​While developing and under-developed countries are struggling to meet the targeted economic growth and lower the inequality index, the developed nations are also affected by rising . . . Read more »

Management Gyan

High Economic Growth Through Tourism

​A 1% change in tourism earning will change the gross domestic product by 20%. It indicates that an increase in tourism earnings by, say Rs 100, will increase Nepal’s GDP by Rs . . . Read more »

Management Gyan

Measuring Training Effectiveness: Tools and Techniques

There are many ways to assess and evaluate training. Selection of the right evaluation tools only benefits the organization, line managers, trainer and trainees as a . . . Read more »

Management Gyan

Entrepreneurship in Engineering Education in Nepal

In this ever-changing global economy, one needs to be proactive, prepared and motivated enough to enter the workforce and engineers need to direct the whole project and be able to collaborate efficiently as leader and . . . Read more »

Management Gyan

Prospects of BTL Advertising in this Age

BTL advertising typically focuses on direct means of communication, most commonly direct mail and e-mail, often using highly targeted lists of names to maximize response . . . Read more »

Management Gyan

Organizational Culture and Strategic Workforce Planning

An organization’s cultural beliefs and values are likely to translate assumptions of people into awareness on right or wrong and bad or good in the business . . . Read more »

New Law

Employers Now Liable to Control Sexual Harassment at Workplace

Now, anyone proved guilty of sexual harassment at the workplace may face a jail sentence of up to six months or a fine of up to Rs 50,000 or both, depending on the nature of the . . . Read more »

Stock Taking

Technical Analysis Monthly (Nov 21 – Dec 20) : Fighting 916 Resistance

There was significant sideways movement in Nepse in the period between Nov 21, 2014 and Dec 20, 2014. The immediate support level of 844.42 was tested three times while the imme-diate resistance level of 875.56 was tested once in the review . . . Read more »

Stock Taking

Politics Still a Factor

​Most of the listed companies have declared their dividends and few others are about to make these announcements. This means that the price adjustment of the stock after dividend declaration has also played role in driving the prices lower for such few companies. . . . Read more »

Spine Column

Sushi to Spine Surgery

What fascinates me the most about Japan is its people! Japanese are very hard working and innovative, yet they are bound by values and . . . Read more »

Business Education

MBA in Entrepreneurship

In an education system where everyone is focusing on producing job-suitable candidates likes bankers and managers and thereby increasing unemployment, this programme intends to produce job . . . Read more »

Corporate Focus

Kriti Capital & Investments Ltd:Widening Merchant Banking Scope for Economic Development

"Entrepreneurship development calls for an effective market which efficiently connects ideas with investments. Hence, the capital market in Nepal needs to understand its role in providing risk capital to entrepreneurs." . . . Read more »

Development Partners

“We are trying to produce competent human resources in Nepal”

HaengLan Jo is the country representative of Korea International Cooperation Agency (KOICA) Nepal. And, Ujin Shim, is the Education Specialist at KOICA has recently organised a series of workshops on institute-industry partnership building in collaboration with the Federation of Nepalese . . . Read more »

Personality

An Untiring Enterpriser

“Trying to do everything at once is the key to failure,” says Pawan Kumar Sarda, Managing Director of Sharda Group, President of Morang Merchant’s Association and CA Member from Morang. According to him, one should not set multiple goals at once. . . . Read more »

Lifestyle

Tie Fashion: Is it dead?

Once considered an essential part of men’s formal wear, the tie is no longer regarded as the same. The trend of wearing tie is slowly diminishing. A tie is no longer required to accessorize formal attire. The fashion of wearing a tie is slowly losing popularity in the formal dress code. . . . Read more »

Interview

‘‘Nepal can become a developing country within the stipulated time’’

Gyan Chandra Acharya, former foreign secretary of Nepal, is United Nations Under Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) since 5 September 2012. . . . Read more »

Interview

‘‘I am satisfied with my two-year term’’

Ashok Kumar Baidya is the president of Birgunj Chamber of Commerce & Industries (BiCCI). Baidya who has been into trade and business for about the past four decades is also the vice-president of Shalimar Group, one of the major business houses of the country, and also a member of . . . Read more »

Business Visitors

“We expect good business from Nepali market”

Ador Fontech is an Indian company that provides customised and value added solutions to wear problems which are unique in terms of wear factors like abrasion, impact, heat or corrosion for an optimal . . . Read more »

Business Visitors

‘‘Nepal's strategic location makes important business sense’’

Founded in 1992, Skechers is a California-based major American shoe company. The company produces diverse range of products that include athletic and casual footwear for men, women, and . . . Read more »

Business Visitors

“We are trying to build our presence in the Nepali market”

Pravin H. Patel is the chairman of HOF Living, a leading brand in India’s office furniture and premium seating system category. For its 28 years of service and dedication to produce quality products, the company has been honoured with the National Award for the outstanding quality . . . Read more »

Nepal Politics

Catch-22 of January 22

Nepali People's best guess about the worst outcome on country’s constitution writing process is turning out to be true. No constitution, not even the first draft of any form, is likely to be issued by January 22, 2015, the date promised under a sort of political consensus to promulgate a . . . Read more »

No Laughing Matter

Hundred Percent City-dwellers

Nepal indeed has become a developed country with more city- dwellers than village-dwellers. This miraculous transformation, virtually overnight, became possible by Nepal's original mantra of development innovated by the Panchayat regime decades ago. Bikasko mool futaune . . . Read more »

From the Editor

Having Trust on Anti-trust

One, supposedly highly learned, member of parliament in a recent public discussion declared, 'The menace of cartels and syndicates in the Nepali market are the result of adopting the free-market economy and giving everything to private ownership.' This sweeping remark exposes the superficiality . . . 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 »