LUMBINI, June 21: “It has been around 20 days since I have not been able to sell a single handicraft item. There is no alternative business. I am finding it hard to sustain livelihood,” said Bishnu Bahadur Basnet, who runs a handicraft business at Lumbini Bus Park. He is struggling to pay shutter rent, electricity and water bills as his business is now down.
POKHARA, March 27: This time of the year is the main season for tourists from third countries. The occupancy ratio of hotels in Pokhara should be at least 80 percent. But as the hotel occupancy rate is only 20 percent, leaving tourism entrepreneurs here highly worried about the fate of their business.
BUTWAL, Feb 4: For the first time in Nepal's 74-year aviation history, more than half a dozen foreign airlines wanted to fly in Gautam Buddha International Airport at Bhairahawa outside Kathmandu. During the inauguration ceremony of the airport on May 16, officials of the Civil Aviation Authority of Nepal (CAAN) said that the international airline companies will come to Bhairahawa within a few months. It was said that airlines from 11 countries including Sri Lankan Airlines, Fly Dubai, Thai Smile, Gulf Air, Oman Air, Qatar Airways, Salam Air are interested in flying from Bhairahawa.
The film recorded a slight drop of 10 per cent from Monday but managed to lead in major circuits with decent business. According to Boxofficeindia, ‘RRR’ collected Rs 15.25 crore net on its fifth day at the box office. The epic period saga now stands at a total of Rs 107 crore net.
KATHMANDU, July 20: Amid the existing threat of the coronavirus, Nepal’s commercial banks increased their businesses by 28.07 percent last fiscal year through issuing additional loans of Rs 815.44 billion to their customers during mid-July 2020 and mid-July 2021.
KATHMANDU, July 20— International Finance Corporation (IFC) has appointed Hector Gomez Ang as the Regional Director for South Asia. Based in New Delhi, he will play a critical role in boosting IFC’s investments in the region as it looks to recover from the severe impacts of COVID-19.
KATHMANDU, June 18: Ambassador of Nepal to Pakistan, Tapas Adhikari on Thursday held a meeting with president of Gujranwala Chamber of Commerce and Industry (GCCI), Umar Ashraf Mughal, and its members to further enhance business and trade interactions between Nepal and Pakistan.
They wrote it right into their business plan -– an expectation that, each year, at least half the stock on which their livelihood depends would die.Building a business around bees is not for the faint-hearted. “You have to be a little crazy,” says James Cook, who, with wife Samantha Jones, started beekeeping eight years ago. They knew well the challenges their bees face –- parasites and the impact of pesticides among them.
While big corporations claim they have put in place adequate safety measures including PPE for their staff, many small businesses struggle to go beyond masks, sanitizers and ropes to combat coronavirus
LALITPUR, Jan 18: Sahadev Niraula, 48, has no idea why the place where he lives at is called Bhaisepati (Bhaisi is the Nepali word for a buffalo). But he indeed has a huge business associated with buffaloes at Bhaisepati of Lalitpur and earns as much as Rs 150,000 a month from it. It has been five long years since buffalo farming has kept him quite busy and happy.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.