Jiba Nath Lamichhane is the president of the Non-Resident Nepali (NRN) Association and chairman of Sanima Bank Limited, a financial institution promoted by NRNs which was recently upgraded as a commercial bank. He spoke to Terence Lee of THT Perspectives about the investment climate and challenges to the economy ... More

KATHMANDU: With power cuts expected to become a permanent problem, Nepalis are forced to explore alternative energy sources such as solar energy. Planning to cater to this energy-starved demand, Surya Company Pvt Ltd was established in 2009 — and it already boasts an annual turnover of Rs 10 million. The company designs, supplies and ... More

KATHMANDU: Businesses do not exist as islands in society but are continuously interacting and adapting with their environment which consists of external and internal stakeholders. All the actors in each of the components of the business environment constitute stakeholders of the business and a cordial relationship with them determines the l ... More

KATHMANDU: With changing lifestyle and the higher spending ability the demand for the finest furniture that makes a social statement is growing in demand. Sarju Shrestha, marketing director of Bira Furniture at Patan Industrial Area, says, “Furniture has become a status statement for city dwellers that are setting higher standards and ... More

KATHMANDU: Rita Bhandary, executive director of Nepal Paper Crafts, Pvt Ltd (NPCPL) was always confident of her education and skills — which led her to open her own business rather than working for someone else. Along with two partners Arati Nepal and Sarojani Sherchan investing Rs 300,000 each, Bhandary established NPCPL in 1995. Her ... More

KATHMANDU: Commencing a new business venture, for Prabal Saakha was not hard. Since he was passionate about cars, immediately after completing a masters degree in marketing and advertisement from Webster University, Thailand, he promptly established Saakha & Universal Automobiles Pvt Ltd (SUAPL) (under the Saakha Group of Companies), an ... More

Shyam Sundar Lal Kakshapati, the owner of Riverside Spring Resort was recently elected as the new President of Hotel Association Nepal (HAN) during the 41st Annual General Meeting of the country’s hotel association. A veteran in the tourism sector he spoke to Terence Lee of THT Perspectives about the challenges ahead for Nepal’s tour ... More

KATHMANDU:In our last column, we outlined how to build a CSR leadership team and how to conduct the necessary assessments. Based on these steps, gaps can be identified and options developed. These options will then need to be prioritised based on the capacities, strengths, weaknesses, opportunities and threats.
Identify gaps and develop ... More

KATHMANDU: Welcome Event Management (WEM) claims to be the first thematic wedding planner in the country and Nita Poudel, director of WEM, explains, “Planning a wedding is a stressful process, because of which people might miss out on the truly memorable moment. Therefore Welcome Wedding, under WEM, is dedicated to make our client’s ... More

KATHMANDU: Although the over-all gloom in the economy has affected the Nepali advertising industry, it is still witnessing encouraging growth. Raj Kumar Bhattarai, president of Advertising Association of Nepal (AAN), says, “This year, we tallied up profits of Rs 4.25 billion compared to last year’s Rs 3.5 billion.” However, adv ... More

KATHMANDU: According to Manoj Chandi Shrestha, founder of housingnepal.com, choosing a career that one is passionate about
ensures never getting tired of the job. Operating the web portal which addresses the real estate market was a different concept and something that challenged him as a professional.
As per Shrestha, his three-y ... More

KATHMANDU: The changing social scenario demands and expects women to make an economic contribution to the family. Rekha Aryal, proprietor of Shashi’s Sweater Industries, says, “Although it is certainly true that women also desire to stand on their feet, finance still remains a major challenge for women entrepreneurship, as Nepali ... More

Joydeb Chakravarty is the managing director at JWT Nepal. An internal communications specialist with a proven track record,  he has over 30 years of experience and has worked with the top three international advertising agencies. He was responsible for setting up Thompson Nepal — the first multinational joint-venture company in Nepal ... More

KATHMANDU: Each business faces different challenges, has specific operational procedures, stakeholders and constraints. There is no single one-size-fits-all method to design and implement a CSR strategy. To achieve the biggest impact, credibility and benefit, it is important to integrate responsible business practices in the core business s ... More

KATHMANDU: Rich in culture and heritage, Kathmandu is famous for ancient metal crafts and specimens. But despite the demand for Nepal’s exquisite metal crafts in the market, the business is under threat. “Competition with machine-made Chinese crafts and need for huge investment in the business has threatened the Nepali artists&r ... More

Australia
Australian Federal Police are investigating a protest that led to the prime minister and opposition leader being rescued by
security personnel. The protesters claim they simply wanted to confront Tony Abbott over comments he made about shutting down the Tent Embassy. The probe comes as the protest stepp ... More

KATHMANDU: After introducing eSewa, an online payment gateway in 2010, F1soft has not merely established itself as the first such transaction banking service provider, but also helped foster the practice of online payment in Nepal. The brain behind this transaction banking solution is Biswas Dhakal, chairman and CEO of F1soft. Today, the company ... More

KATHMANDU: The Nepali printing industry is in a sorry state, grappling with numerous challenges such as resource crunch and labour shortage besides policy issues, according to stakeholders.
Bharat Kumar Shrestha, first vice president at Nepal Printers’ Association (NPA), says, “The industry lacks highly skilled manpower such ... More

KATHMANDU: While walking through Thamel, a new hotel called Eco Resort caught my eye. I wanted to know the reason behind the name. So, I wandered inside and asked the helpful receptionist what made their new hotel ‘eco’. He thought for a little while, discussed the matter with some colleagues, and then told me with a big smile that i ... More

AJAYA KUMAR MUDBHARY is the director of Mudbhary and Joshi Construction Pvt Ltd — turnkey contractors for high voltage transmission lines and substations.
President of Nepal- Thai Chamber of Commerce and Industry (NTCCI), Mudbhary is also the director of Nepal Ekarat Engineering Co Pvt Ltd (NEEK). He spoke to Surendra Tandukar of T ... More

KATHMANDU: Despite the Himalayas being the ‘water towers of Asia’, many communities in Nepal still face a severe water crisis. Poor water management is considered to be the major reason behind this. However, rainwater harvesting, groundwater recharge, simple filtration systems, and grey-water recycling are economical solutions to thi ... More

KATHMANDU: The courier industry might be thriving in the international economy, but it is struggling hard to survive in Nepal. According to stakeholders, absence of regulation, government attention and professionals in the business has led to the sorry state.
Courier entrepreneurs point to the lack of a 24-hour counter for courier service ... More

NEW DELHI: In the course of our day-to-day work, there are numerous occasions when we give wonderful ideas or suggestions or try to motivate others to do certain critical things. However, what we find is that others do not pay attention to our suggestions or are not agreeable to do the things that we want them to do.
A manager recent ... More

KATHMANDU: ChangeFusion Nepal in co-ordination with Open Society Institute (OSI) and Alliance for Social Dialogue (ASD) declared the 23 grantees from 16 different districts as ‘Youth Action Fund Winners 2011’ on December 6.
ChangeFusion Nepal is supported by OSI to administer the Youth Action Fund in Nepal to identify, inspire ... More

Chairman and Managing Director of Medanta – The Medicity, a multi super-specialty hospital in New Delhi, DR NARESH TREHAN, is the recipient of numerous awards and a personal surgeon to the President of India since 1991. He attended the recently held seventh International Conference of Surgeons (ICS), which was hosted by No ... More