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Cover Story

THE HIGH-END VIEW

With the increasing demand of new television technologies, high-end TV market in Nepal is expanding at a rapid pace. Fuelled by the rise of tech-savvy young population, rising per capita income and falling prices of TV sets in the recent years, LED, Smart, 3D and Ultra-High Definition TVs have . . . Read more »

Startup Scene

Charting the Growth of Entrepreneurs

With an aim of making 10 enthusiastic entrepreneurs investment- ready in 100 days, Rockstart Impact - the first accelerator program that Nepal has ever witnessed has tons of stories to share. The program initiated by One to Watch- an asset management company- that waved a green flag on 3rd December 2014 is coming to an end on 12th March . . . Read more »

Lifestyle

“I have to be working all the time”

In the Lifestyle column of this issue, we bring to you Binayak Shah, General Secretary of Hotel Association of Nepal (HAN), Vice President of Summit Group of Hotels and Resorts and Managing Director of Airport . . . Read more »

Corporate Focus

One to Watch:Helping Companies Grow

Acting as a mediator between investors and the companies, One to Watch looks for startup companies in Nepal that require investment and connects them with investors in Netherland who want to invest in business that can create an . . . Read more »

Spine Column

Fibromyalgia:Diffuse Muscle Pain and Fatigue

Fibromyalgia affects the muscles and soft tissues of the body. You may experience muscle pain, feeling of tiredness, disturbances in sleep and painful spots in the body. Your muscles may feel like they have been overworked or pulled even though you haven't exercised. . . . Read more »

Sectoral

Street: A Fertile Ground for Women Entrepreneurs

It’s a typical Kathmandu winter evening and Sabita Karki, a woman in her early twenties, is dealing simultaneously with a host of customers of her ‘anonymous’ brand of winter jackets. She is piling up the heap in shape, announcing prices, setting bargains and closely guarding her consignment against any rush-hour trickster. . . . Read more »

Stock Taking

Technical Analysis Monthly (Jan 20, 14 – Feb 19, 15) : Bullish Signal for Long Term

After the huge gains witnessed in the previous periods, Nepse remained almost flat during the past 30 days. However, there was an overall positive gain in the market as Nepse increased by 7.2 points (or 0.74%) to close at 982.65 . . . Read more »

Stock Taking

Nepse Slows Down

​The secondary market of Nepal stalled after reaching nearly six months high while political uncertainties compelled the investors to wait-and-watch. The benchmark Nepse index added 7.20 points or 0.74 per cent to rest at 982.62. . . . Read more »

Economy and Policy

Need for Sustainable Service Model to Promote Agriculture Insurance

​Agricultural crop insurance is a restricted instrument in that it only addresses production and yield losses because of weather and natural risks, providing limited coverage for the growing crop from the time of sowing or crop emergency through to completion of . . . Read more »

Economy and Policy

Contribution of Foreign Aid in Nepal's Economy

All development activities in Nepal, small or big, have largely been influenced by foreign aid. Aid in the form of grants played an important role in the construction of infrastructure projects and in the establishment of some of the key basic industries in the . . . Read more »

Nepal Politics

A Medley of Destructive Demagogues

Dahal at present is in his chosen position but like of a 'big, powerful rat in a trap' depicted in a fable. The rat that is neither ready to give up nor able to free itself from the trap, but moves berserk dragging the trap along, causing more damage to the surroundings, which sometimes can scare away even the . . . Read more »

Global Business Trends

Global Business Trends March 2015

Fresh from an endorsement by US President Barack Obama, India's motorcycle manufacturer Royal Enfield announced it was speeding up expansion and production to meet booming demand for its British-origin bikes. . . . Read more »

Business Visitors

‘‘Our product definitely enhances fuel efficiency and decreases air pollution’’

Altaf H Bahmany is Director (Business Development) at Emission Particle Solution Sweden AB, a Swedish company which manufactures fuel additives which are claimed to increase fuel efficiency, decrease air pollution and maintenance cost of . . . Read more »

Business Visitors

‘‘We are providing the widest range of products’’

Vipin Sondhi is the managing director and chief executive officer of JCB India Limited, which exports construction vehicles to more than 50 countries including . . . Read more »

Business Visitors

‘‘We provide some of the safest elevators in the world’’

ThyssenKrupp Elevator is one of the world’s leading elevator manufacturers, with customers in more than 150 countries. The company has claimed to invent the world’s first rope-free elevator. Bharat Vishnani, Managing Director of ThyssenKrupp Elevator (India) Pvt Ltd was recently in Kathmandu to sign business agreement with Infratech Pvt Ltd, the company’s Nepal . . . Read more »

Business Visitors

‘‘Our products are known for fuel efficiency’’

Emmanuel Levacher is senior vice-president (international business) at VE Commercial Vehicles Limited India, a Volvo Group and Eicher Motors joint venture. As the in-charge of the company’s export and international business, Levacher frequently travels to various . . . Read more »

Personality

True to His Roots

“Success is almost always achieved through the old-fashioned way, by working hard and by working honestly,” says Vijaya B Shah, CEO of NLG Insurance Company Limited and President of Nepal Insurers Association. In his own words, luck may favour you for a while, but if you cease to work hard, even luck won’t be on your . . . Read more »

Interview

‘‘We’ll soon launch designer metallic range for walls’’

It’s been two years since Kansai Nerolac Paints Limited (KNPL) India, started manufacturing paints in Nepal after acquiring 68 per cent stake in Nepal Shalimar Paints in 2012. The company, which produces paints under the brand name Kansai Paints, claims to be the pioneer in producing lead-free and zero VOC (volatile organic compound) paints in the . . . Read more »

No Laughing Matter

The Lunatic Identity

A way above from commons, Nepali leaders can in fact represent a classic inter-connectedness between love and madness. To the great amusement of Nepali people, the highest ranked leaders of the country exchange pleasantries claiming that every other leader has lost the balance of his mental frame. . . . Read more »

Tourism and Aviation News

Tourism News March 2015

Erik Andres Henell has won the title of Soaltee Crowne Plaza Annual Golf Tournament 2015 played at Gokarna Forest Resort. Henell won the event by defeating defending champion Ang Dorjee Sherpa. Playing with 9 handicap, Henell scored 41 stableford . . . Read more »

Tech Talk

Tech Talk March 2015

Micromax has introduced three new mobile devices – Micromax Bolt A069 mobile phone, Micromax Canvas Tab P470 tablet and Micromax X090 mobile phone in the market. The Micromax Bolt A069 runs on Android 4.4.2 Kitkat and is powered by a 1.3GHz dual core processor. . . . Read more »

Banking Activities

Banking Activities March 2015

Himalayan Bank Limited has started the operation of its Representative Office in Kuala Lumpur, Malaysia. Chairman of the Bank Manoj Bahadur Shrestha inaugurated the Office Medan Pasar, Kuala Lumpur amidst a . . . Read more »

Biz Launches

Biz Launches 2015

Him Electronics, the authorized distributor of Samsung in Nepal has launched a new campaign ‘Samsung What a Catch Full HD Quality Match’ targeting the cricket world cup season. . . . Read more »

Biz News

Biz News March 2015

Lately, new hotels are coming up in the city of Biratnagar. One of such hotels is a four-star hotel being constructed by entrepreneur Punya Bhattarai who has invested Rs 200 million in the project. . . . Read more »

Voices

Voices March 2015

“The government shouldn’t issue poverty certificates to the Nepali people. There should be a gradual end to poverty. We are ready to share the responsibility if the government creates the right . . . Read more »

Feedback

Feedback March 2015

Read the cover story on international airlines operating in Nepal (New Business Age, February 2015 issue). It is good that the Nepal Airlines Corporation has got a brand new aircraft from Airbus and will acquire another aircraft from the same company in April. . . . Read more »

From the Editor

Congested Cash Traffic

A recent investigative report named 'Swiss Leaks' by a group of international journalists also revealed the names of some Nepali nationals as having supposedly secretive bank accounts in HSBC-Switzerland. Some USD 45 million seems to be routed through some weird location called Virgin Islands, a tax haven and offshore financial hub though quite far away from Nepal. . . . Read more »

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Elections and Blessings

Elections and Blessings

By Madan Lamsal

On a Tuesday before the recently held first phase local elections, the roads were choked with traffic jams everywhere in the valley. After an enquiry, it was revealed that the jams were caused by the long queues of the aspiring candidates and their supporters who had gathered around government . . . read more »