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Cover Story

Driven by Demand

The Nepali passenger vehicle market has registered a staggering growth. The market of cars and sports utility vehicles (SUVs) has been growing fast in recent years and new passenger vehicle brands have entered the country. Customers from various income groups are buying different types of . . . Read more »

Economy and Policy

IPO Experience in Nepali Capital Market

​In the two IPOs, about Rs 7.5 billion of public money has been deposited. Out of this, only Rs 57.6 million will be utilized as capital which is less than 1 percent of the deposited fund. The remaining 99 per cent will be refunded after nearly two . . . Read more »

Economy and Policy

Capital Market, Regulatory Lapses and Role of SEBON

​It is clearly evident that SEBON did not learn the lesson from CHCL case and allowed allotting the share of Upper Tamakoshi Hydropower Project Limited (UTHPL) to the employees of lender institutions like Employment Provident Fund . . . Read more »

Economy and Policy

Indian Cooperation in Hydropower Development

In connection to hydropower development, Nepalis believe that Indians placed higher importance on extending irrigation facilities rather than generating electricity. Subsequently, the collaboration resulted in the construction of the Tanakpur . . . Read more »

Management Gyan

Quiet Leadership and Business Ethics

Leadership and business ethics is a much discussed topic in the current time. So, it would be in order to have a deeper understanding of business ethics. Manuel G. Velasquez, known as the father of academic business ethics, has given a simple but in-depth definition of business ethics. . . . Read more »

Corporate Focus

MetLife:A Brand New Start

The only global life insurance company operating in Nepal, MetLife Alico, rebranded itself as Metlife since January 2015. Company officials say the rebrand is the start of a new and exciting chapter for the company’s growth journey in the . . . Read more »

Corporate Focus

Danish IT-company Creates Jobs for Young Nepalis

Nepal is struggling to keep young well-educated people in the country, since a great number decides to travel abroad in pursuit of better opportunities and salaries. However, a Danish software company called LogPoint, which has offices in Kathmandu, has become an attractive workplace for highly skilled young Nepali engineers. . . . Read more »

Comment

Pandey’s Arrest and Rule of Law

The arrest of Pradeep Jung Pandey, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) on March 17 in connection with a corruption case more than three decades old has raised several . . . Read more »

Comment

Ironically, It's Democrats Who Are Preventing Nepal's Economic Growth!

Nepal, the country with huge geo-political importance has the prospect of most advantaged nation in the world with prosperous future. It has both opportunity and the potential to taste the pies from the growth of world’s largest democracy on the planet (India) and the world’s largest producer . . . Read more »

Stock Taking

Technical Analysis Monthly (February 19 to March 19, 2015) Bearish Signals

Nepse has not made much improvement in the past 30 days as compared to the growth witnessed in the previous months. Nepse decreased by -19.43 points (or -1.95%) to close at 967.62 points. It fell below its support level of 972.17, which is now its new resistance level. . . . Read more »

Stock Taking

Market @ Two Months’ Low

​Most of the stocks turned red during the review period (Feb 18 - March 19) pushing the index to nearly two months low. The Nepse index closed in red losing 15.03 points or 1.53% to settle at 967.62. The index touched highest level on 9 March with 988.77 and the lowest was 959.14 on 16 March. . . . Read more »

Lifestyle

An All Rounder

Rajesh Kazi Shrestha, Chairman of RK Associates and the recently elected President (2nd term) of Nepal Chamber of Commerce (NCC), needs no introduction in Nepali business . . . Read more »

Personality

Blending Business and Politics

“Political stability is the most essential factor for the economic development of a country,” says Anil Kumar Rungta, Director of Jagadamba Enterprises Pvt Ltd. Apart from being an entrepreneur, Rungta is also actively involved in . . . Read more »

Interview

‘‘NRNs are increasingly investing in Nepal’’

Shesh Ghale is the president of the International Coordination Committee (ICC) of the Non-Resident Nepali Association (NRNA), the umbrella organization of the Nepali diaspora. His two-year term will come to an end in mid-October this year. . . . Read more »

Startup Scene

Seeking Investment, 10 Budding Entrepreneurs Off to the Netherlands

Looking for investors, 10 finalist entrepreneurs of the Rockstart Impact, an initiative by One to Watch to prepare a select group of high-potential Nepali companies investment-ready within 100 days, flew to the Netherlands on March . . . Read more »

Spine Column

Rheumatoid Arthritis and Spine Involvement

Rheumatoid Arthritis (RA) is a disabling systemic disease, affecting mainly the small joints of the hands and feet. The end result is gross destruction and deformity of the joints. Majority of the RA patients have afflictions of the spine, especially the cervical (neck) . . . Read more »

Business Visitors

‘‘Fuel efficiency is our major strength’’

Syakar Trading Company Ltd was recently appointed the authorized distributor of Genuine Engine Oils of Idemitsu Lube India Pvt Ltd. Kapil Gandhi, Sales and Marketing Manager of Idemitsu Lube India Pvt Ltd was in Nepal for the launch of Idemitsu lubricants. . . . Read more »

Global Business Trends

Global business Trends April 2015

Foreign investors appear to be back with a bang in Indian markets and pumped in dollars leading to a massive USD 4.262 billion jump in the country's foreign exchange reserves in the week to March 20. Reserve Bank of India said forex reserves rose to USD 339.99 billion, a new . . . Read more »

Tech Talk

Tech Talk April 2015

On Snapchat, if you’re under 35, you’re in good company. A whopping 71 percent of Snapchat’s US-based users are between the ages of 18 and 34, a new study from research firm ComScore shows. . . . Read more »

Tourism and Aviation

Tourism and Aviation News April 2015

MS Group’s Everest Hospitality Group Pvt Ltd has signed an agreement with Marriott International to open Marriott Hotel in Kathmandu . MS Group has informed that it is constructing Fairfield Marriott in Naxal, Kathmandu which will be completed by the end of . . . Read more »

Banking Activities

Banking Activities April 2015

Standard Chartered Bank, Nepal has won ‘The Global Finance World’s Best Banks 2015 Awards’ for Nepal conferred by the Global Finance magazine. The Bank also shares the title of ‘The World’s Best Emerging Markets Banks in Asia-Pacific 2015’ along with other winners in the . . . Read more »

Biz Launches

Biz Launches April 2015

Laxmi InterContinental, the authorized sole distributor of Hyundai vehicles for Nepal has launched its new consumer scheme “Hyundai New Year Dhana Lava Rashifal”. With this offer, Hyundai customers can avail cash discount on every vehicle purchase. . . . Read more »

Biz News

Biznews April 2015

The first Indo-Nepal Friendship Motor Rally which was flagged off at Puri, Odisha on February 27 concluded at lawns of India Gate on March 8. According to a press release by the Press Information Bureau, Ministry of Road Transport & Highways, Government of India, twenty four teams and about 90 participants from India and Nepal covered 3060 Km during the ten-day rally in both countries. . . . Read more »

Voices

Voices April 2015

‘‘It’s true that the credibility of audit reports has gone . . . Read more »

Feedback

Feedback April 2015

Your cover story, The High-End View (New Business Age, March 2015) was a good attempt at giving a good picture of the current television market and trends in the . . . Read more »

Sectoral

Celebrity Endorsement in Ads

Aishwariya Rai endorsed Lux, and in doing so linked the soap to feminine beauty. Later, when Shahrukh Khan also endorsed the same soap his endorsement as a male attracted the macho attitude as . . . Read more »

Nepal Politics

Redundancy: Six Hundred and One

The matter of graver concern is: this CA is increasingly appearing to be dysfunctional to such an extent that it perhaps will never be able to write a functional constitution which would embody all three desired ingredients of federalism, republicanism and . . . Read more »

No Laughing Matter

Corporate Conspiracy Inc.

Nepali audience has become quite used to, to hear about incessant political conspiracy that has thrived as a very lucrative industry here for last couple of decades now. It in fact undermines the inherent capacity of the corporate world to conspire at least at par to their political peers. . . . Read more »

From the Editor

NRB Gets the New Governor

Dr Chiranjibi Nepal, the new Governor of Nepal’s central bank, Nepal Rastra Bank (NRB), for next five years, has the twin responsibilities of clearing the mess created by his predecessor Dr Yubaraj Khatiwada and leading Nepal's financial sector to take it at par with its global . . . Read more »

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Leave Corruption Alone

Leave Corruption Alone

By Madan Lamsal

Recently, a South Korean court sentenced the vice-chairman of Samsung Electronics to five years in prison, pronouncing him guilty of bribery, embezzlement and perjury. Former South Korean President Park Geun-hye was impeached in connection with the same case of . . . read more »