ILAM, Aug 18: Pashupatinagar Customs Office of Ilam is not getting business as there is no customs office on the Indian side.

KATHMANDU, Aug1: The government is hiring a team of experts for incorporation of a new company after merger of its two entities – National Trading Limited (NTL) and Nepal Food Corporation (NFC).

NEW YORK, June 24: Fifty years after humans first visited, businesses are still trying to make a buck off the moon.

KATHMANDU, May 22: A meeting of the House of Representatives (HoR) today unanimously accepted a proposal tabled, seeking consideration on the "Advertisement Regulation Bill- 2075 BS." Minister for Communications and Information Technology, Gokul Prasad Baskota, put the proposal before the meeting.

An investigative report in The New York Times claims that Donald Trump's businesses experienced staggering losses of $1.17 billion between 1985 and 1994.

POKHARA, April 18: Drugs worth Rs 45 billion are transacted in the country annually. This information was shared in a news conference organised on the eve of the National Convention of Nepal Chemist & Druggist Association here today.

SINDHUPALCHOWK, April 17: After the devastating earthquake of April 2015 shattered his dreams of expanding tourism business, Pemanetup Sherpa of Melamchighyang village of Helambu thought that life would never be same again.

KATHMANDU, March 31: The business community has expressed concerns over the “minimal homework” the government did to entice foreign and domestic investors in the federal set-up. Experts argue that there was a “lack of coordination” between federal and provincial governments to identify priority investment areas that would help provinces to grow.

Taking the world of business by storm

January 11, 2019 09:21 am

Ever noticed how the term ‘male entrepreneur’ is rarely, if ever, used anywhere. But ‘women entrepreneurs’ is something you hear of quite often. This is perhaps because even in today’s day and age there aren’t enough women business leaders in the world. And that’s true in the context of Nepal as well.

DOLPA, Dec 29:  With the objective of reducing unemployment and uplifting the living standard of people, Jagdulla Rural Municipality of the mountain district of Dolpa has introduced  'one home, one business' campaign.

The gift of comfort

December 21, 2018 09:30 am

KATHMANDU, Dec 21: Even in today’s day and age, there are still households in our country that hold a very medieval perception of natural human bodily cycles like menstrual periods. Instead of taking it as a healthy and natural change, families treat it like an unwanted happening that makes the female going through it impure and untouchable. Long time friends and now (business) partners, Shristi Pahari and Nabina Subedi are out to change that perception.

Nepal gets first modern train tracks

December 15, 2018 09:00 am

JANAKPUR, Dec 15: The competition between two Asian giants, India and China, for influence over tiny Nepal is yielding a bonanza in the form of the Himalayan mountain nation's first modern railway — and possibly more to come.

DHADING, Dec 10: Four years ago, while she was working as a maid in Kuwait, Tuk Maya Tamang of Sallebhanjyang village used to think that her life would never take any new course. She was not happy with her life but 'there was nothing much she could do'. She thought her life would not be better if she returned home. However, one day she returned home. After staying home for some time, she was not sure if she wanted to fly to Kuwait again. After remaining in dilemma for some time she finally decided to give a try to her skills and passion eight months ago. The 24-year-old, who loved rearing cattle, bought some goats and chicken. Thanks to her love and dedication, her poultry farm soon came to a form. The number of goats multiplied, too.

KATHMANDU, Nov 30: Bankers have cautioned that excessive pressure from board of directors (BoD) of a bank or financial institution could compel the management to take unnecessary risks.

KATHMANDU, Nov 29: Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari has expressed the conviction that the Contribution-based Social Security Plan initiated by the incumbent government will bring a big change in the life of the workers.

KATHMANDU, Nov 22:  Myanmar and Nepal have set up the first ever Chamber of Commerce established in Yangon since the establishment of diplomatic relations between the two countries in 1960.

Ex-Maoist combatants doing business

November 21, 2018 03:30 am

SURKHET, Nov 21: In 1998, Ramesh Paudel of Lekbesi Municipality-1 joined the 'People's Liberation Army (PLA)' formed by the then Maoist rebels at the tender age of 16.

Fifty-two-year-old Raj Kumar Sah calls himself an uneducated business person. “I have only studied up to the second standard. Back then, fifth graders used to be our teachers”, says the father of three daughters and three sons. Raj Kumar was a scavenger when he first started working in Kathmandu. Later, he traveled back to his home district Sarlahi and started a small shop there. His wife currently looks after the shop.

KATHMANDU, Nov 2: Nepal can achieve growth rates of at least 7 to 8 percent that is imperative to become a middle income country by 2030 only if it shifts its remittance-led and consumption-based growth to one that is investment and productivity driven, according to the World Bank Group.

TIKAPUR, Oct 10: Banana farmers have sought restriction of banana import from India, stating that unfettered access of the Indian fruit has harmed their business.

Kodari, Tatopani resident Hari Karki has witnessed the changes in Basantapur since 1950. The vicinity has provided him with a host of memories – some sorrowful and some to cherish for a lifetime.

KATHMANDU, Oct 2: What do you think of when you hear the term ‘beauty pageant’?  The general image that comes to our minds is: conventionally beautiful women, wearing shiny gowns wrapped by sash and sparkling crowns made up of jewels in their heads. They have wide smiles on their faces, alongside glittery makeup, and they are walking with style, with their hands waving to the crowd.

KATHMANDU, Sept 26: Transport entrepreneur committees surrendered to the government back in May after their bank accounts were frozen and some of their senior executives were threatened with probes into money laundering activities.

KATHMANDU, September 14: Altogether 922,445 business establishments including factories and service outlets are operating across the country, according to the preliminary report of the first-ever National Economic Census carried out by the Central Bureau of Statistics.

The basics of business

August 31, 2018 10:20 am

I think investors in this country should at least have a five-year plan instead of a five-month plan. Many folks invest in something and want a return on their investment from the next month. Any venture needs time to grow and my successful failures have taught me that you need to give at least two to three years before your venture begins to give you back some money.

KATHMANDU, Aug 28: Revive’s presentation on recycling, upcycling, or reusing used clothes into reusable products won the title of the third National Business Challenge 2018, in an event organized by Yunus Social Business Center Nepal. The winning company’s founders Pushpa Sthapit, and Rajan Chakradhar also took away the winning prize of Rs 100,000.

Nepse begins week on a negative note

August 27, 2018 07:12 am

KATHMANDU: Stocks fluctuated throughout Sunday's trading session but largely maintained a negative bias on the day. The benchmark Nepal stock Exchange (Nepse) index, which fell initially, tried to recover mid-day. However, stocks came under pressure in the remaining session to close slightly lower, shedding 2.78 points compared to last week to close at 1,175.72 points.

KATHMANDU, Aug 27: Chandannath Municipality of Jumla has announced to organize an investment conference with an objective to bring investments in the municipality.

The grand finale of 3rd National Social Business Challenge 2018, organized by Yunus Social Business Center Nepal, will be held on Sunday at Hotel Yak & Yeti. The center has so far nurtured 43 ventures which employees 700 youths throughout the country.

KATHMANDU, Aug 3: With the main opposition party Nepali Congress (NC) finally submitting a list of its names to the parliamentary committees, the Federal Parliament formed 14 committees on Thursday, six month into the commencement of parliamentary business.

BIRGUNJ, July 30:  Business community of Birgunj took to the streets on Sunday to protest hike in different tax rates by Birgunj Metropolitan City.

Surviving the show business

July 27, 2018 09:15 am

Movie critic Dipendra Lama believes the movie Loot, which hit cinema theaters in 2012, introduced some groundbreaking features and techniques in the entertainment business. It changed the entire dynamics of filmmaking in our country making audiences look forward to a new Nepali release. Yet, Lama also believes that the same movie also became a huge setback for the industry.

KATHMANDU, July 18: Etihad Airways has launched 'WhatsApp Business solution', allowing guests to communicate instantly with the airline via the popular messaging app. Issuing a statement on Tuesday, the national airline of the United Arab Emirates (UAE) said that the new service will allow its premium guests to chat with the airline's agents about their flights in a fast, personal, and efficient way, when they are at Abu Dhabi International Airport.

KATHMANDU, July 14: Although tea has been considered as a competitive product of the country, most of the tea farmers are apparently uninterested in expanding their business.

Govt sitting on fundamental right bills with just two months till deadline

KATHMANDU, July 5: The replacement bill for the National Medical Education Ordinance has been altered only to serve the business interests of leaders of the Nepal Communist Party (CPN), the new joint avatar of the former CPN-UML and the CPN-Maoist Center.

KATHMANDU, July 4: The meeting today of the House of Representatives formed a 14-member Business Advisory Committee.

MUSTANG, June 26: Homestay service is gaining popularity along the trekking routes and tourist destinations across the country. Homestay involves private houses offering accommodation and sometimes food to paying guests. Homestay services are also flourishing along the popular trekking routes in Mustang, the once forbidden kingdom of Nepal.

KATHMANDU, May 8: The Kathmandu Metropolitan City (KMC) has started removing footpath shops. The drive began from the Ratnapark area will be implemented in all areas within the next few days, according to KMC Office's joint spokesperson, Nawaraj Dhakal.

KATHMANDU, April 26: The Supreme Court on Wednesday issued a temporary order to halt the construction of a building belonging to Maharjan Business Associates Pvt Ltd on the premises of Kathmandu Durbar Square.

KATHMANDU, April 18: Transport Entrepreneurs have accused the government of intending to damage their business.

CHITWAN, April 8: Minister for Home Affairs Ram Bahadur Thapa has said that the Home Ministry was committed to providing security to the industry and business sector.

KATHMANDU, April 7: Prime Minister Khadka Prasad Oli has urged Indian businesspersons to seize the business opportunity in Nepal, stating that their next door neighbor is a ‘virgin land’ for investment.

Business in federalism

April 5, 2018 01:00 am

Provincial and local governments should have a clear roadmap to advance and realize their prosperity agenda

ROLPA, April 1: With the country, gradually adopting federal, local units are getting vibrant. People, including many new faces, are starting new businesses and making new transactions.

KATHMANDU, March 16: The sixth edition of SAARC Business Leaders' Conclave is starting in Kathmandu from Friday.

KATHMANDU , March 13: The sixth edition of SAARC Business Leaders' Conclave, which is being organized by the SAARC Chamber of Commerce, is set to kick off in Kathmandu on March 16.

KATHMANDU, Mar 12:Clock b Business Innovations concluded another successful X-preneur session at Kaffe Codes, in Thapathali, on Sunday.  For the fifth session, X-preneur had invited Co-Founder and Managing Director of Around The Corner, Sahajnath Khadka, to share his entrepreneurship journey.

Business failures

February 20, 2018 01:30 am

What’s now holding up economic progress? Why do we not yet have a real prospect for improved livelihoods?

Marketing is heart of any business

January 28, 2018 09:18 am

A market simply means where buyers and sellers meet for trading purposes. The transactions are made by keeping in mind the satisfaction of both the parties. Indeed, this is a basic definition that needs to be understood when it comes to marketing. But, as time passes, marketing becomes wider and different from mass marketing to individual marketing.