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We are trying to overcome the profit drop by expanding our prioritized services

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It’s been 10 months since Sunil Paudel was appointed as the Managing Director of Nepal Telecom. Before joining the government-owned telecommunications services provider, he was Executive Director at National Information Technology Center for almost four years. Paudel, who has an M.Sc in Global IT Technology Program from the Korean Advanced Institute of Science and Technology …

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We need to tighten our belts and be ready for the rough ride ahead

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Like other industries, the dark clouds of economic uncertainty have also shrouded the Nepali liquor and beer industry. The recent festive season also failed to bring the much-needed boost in demand for alcoholic beverages that producers have hoped for. Raj Bahadur Shah, Managing Director of Jawalakhel Group of Industries (JGI), estimates that the liquor and …

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“It is difficult for the productive sector to survive when there is interest rate volatility”

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A momentous day for the Nepali cement industry was recorded on October 10 with Arghakhanchi Cement commencing export of cement to India. That day, the company exported 1,400 sacks of Pozzolana Portland Cement (PPC) in its first lot of export to the Indian market. At a time when the domestic cement demand along with other …

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“Economic transformation of Nepal will be easier and faster if the emerging Nepali diaspora can be engaged in the process”

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As a businessperson, Jiba Lamichhane is among the few successful Nepalis who have made their mark as non-resident Nepalis (NRNS). Originally from Chitwan, he went to the erstwhile Soviet Union to study Civil Engineering. In the early 1990s, Lamichhane and some of his friends started business together in Russia that later morphed into Sanima Group …

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“We will move ahead with educating the people about the projects”

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Khadga Bahadur Bisht | Executive Director, MCA Nepal As the dust of the controversy over the parliamentary ratification of the MCC Nepal Compact has settled, the Millenium Challange Account (MCA) Nepal has started the preparatory works for the development of the 315-kilometer 400 kV transmission line. The USD 400 million project will stretch from Lapsiphedi …

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“CE has identified itself as a company that delivers quality”

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CE Construction is one of the major players in Nepal in the construction, real estate, and hydropower sectors. Since its inception in 1992, the group is known for the quality of its projects and is trusted by consumers. The group has been making big strides in the hydropower sector for the last 8 years to …

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“There are issues to be ironed out to get optimal benefit from the export subsidy announced by the government”

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The budget for the new Fiscal Year 2022/23 has received applause from the country’s industrial fraternity. While some quarters of the country’s industrial community have complained about the arrangements in the budget due to changes in the import duty structure of certain types of raw materials, those running export-oriented industries are cheerful that the government …

“There are issues to be ironed out to get optimal benefit from the export subsidy announced by the government” Read More »

NMB has tried to do things differently than other banks ever since its inception

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Times are tough for banks in Nepal. After braving the Covid-19 pandemic for two years, banks now find themselves surrounded by difficulties due to the protracted acute shortage of investment-grade liquidity and problems in the external sector of the economy that are showing no signs of abating despite the measures taken by the central bank. …

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We need policies to increase profitability of the agribusinesses and export-oriented industries

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Times are hard for doing business in Nepal. After two years of the havoc wreaked by the Covid-19 pandemic, the country’s economy, which was thought to recover in a satisfactory manner, is now surrounded by a number of internal and external problems. Pawan Kumar Golyan, Chairman of Golyan Group, has been observing the current situation with …

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“The lack of understanding of the matters among people in the government is the biggest issue here”

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Times are quite challenging for a developing country like Nepal to resume normalcy after facing two years of economic turbulence created by the Covid-19 pandemic. Things are particularly difficult also in the sense that the country is struggling to manage the federal system of governance which it adopted five years ago after the promulgation of …

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