KATHMANDU: The liquor business, which used to get most vibrant
during the festive season with massive sales, has not experienced the expected
momentum this year. This Dashain has turned out to be an exception as the business has not only not shown any signs of such growth, but even witnessed a
significant downfall in the ... More
Kathmandu: Various sources often state that apart from political parties and government administration, business itself is a prime source of corruption. However, a recent private sector perception survey conducted by IFC and NBI showed that 80 per cent labours, opinion makers and business leaders perceive that the private sector contributes to ... More
KWANCHAI KITOCNGKAJORNCHAI is the senior vice president of Index Living Mall and Index Furniture in Bangkok Thailand. Developed in 2002, the specialty mall for home furnishing concepts is one of the largest centres for furniture and home decorative items.
Index Furniture was recently launched in Nepal as a franchise at Uttar Dhoka, Lazim ... More
THERESA CUTAJAR is the high commissioner of Malta to India and the Republic of Nepal. Based in New Delhi, she is the first envoy from Malta to present her credentials to the president of Nepal, even though the two countries established diplomatic relations in 1968 and a Consulate was set up in April 2008. During he ... More
KATHMANDU: Hailing from a remote village in Dhading, Ram P Sapkota could very well be a role model for the youth of Nepal. When he started his own business eight years ago, all he wanted to do was sponsor the village children deprived of education. Now, the entrepreneur has gone from a one-man army to establishing ... More
BHABAN BHATTA is the chairman of BB Airways, a Nepali private airline that will begin international scheduled flights from October 11 to Kuala Lampur and Hong Kong.
A non-resident Nepali (NRN) entrepreneur, he owns several businesses in Japan and Nepal and is treasurer of the International
Coordination Council of Non-Resident Nep ... More
KATHMANDU: While roaming around Bhaktapur, handmade ceramic products caught the fancy of Poonam Maharjan, co-owner of The Ceramic Shop at New Sunflower Nursery, Shankhamul. So she established a ceramic shop with the tagline ‘mud to immortality’ in partnership with her elder sister — Geeta Maharjan — in 2012. Maharjan ... More
KATHMANDU: Switching from a regular teaching job at a primary school to the business of pest management and control in 2003, Yagya Raj Parajuli jumped into a new venture that was unusual. He entered this business via Capital Pest Control Pvt Ltd with his friend as a business partner. Today, Parajuli is the managing director of the company w ... More
KATHMANDU: Besides gloomy business environment resulting from power crisis, fuel shortage and labour problems, a woman entrepreneur faces the additional constraint imposed by gender role. However, Darshana Shrestha, managing director of Nature Nepal P Ltd, believes that with sheer deter-mination and relentless effort, success is bound to follow. ... More
JOSE ASSALINO has been holding the post of director at International Labour Organisation (ILO) in Nepal. He has worked in different capacities with ILO since 1994 and has served the organisation in countries such as Timor, Kosovo, Angola and Mozambique. He spoke with Terence Lee of THT Perspectives on the involvement of ILO in a number of crucia ... More
KATHMANDU: With relaxation techniques growing popular among the valley denizens, the demand for spas has
also increased. Previously, spas were confined to certain star hotels, whereas at present, many parts of the city, especially the affluent ones, boast of their own spas.
One reason for this affirmative surge could be that earl ... More
KATHMANDU: The intermittent disputes following the decade-long armed conflict has significantly reconfigured and shaped our national economy. As conflict generates its unique risks and opportunities, businesses respond in one of the three ways — enabling, sustaining or reducing the conflict.
Likewise, conflict reconfigures economie ... More
KATHMANDU: Driven by a strong sense of business, hard work and the joy of working at home, 32-year-old Pradeep Poudel is well on his way towards his goal of being a businessman. After toiling in Malaysia for four years as an unskilled labour for meagre pay, he realised
that there was no future there and returned to Nepal to make his mark ... More
KATHMANDU: In Kathmandu, riding a two-wheeler in the rainy season is practically a nightmare. Although a biker’s torso is more or less protected by raincoats, it is extremely difficult to keep shoes clean and dry due to splashes from potholes and
passing vehicles. Having experienced this challenging situation, Abeeral Thapa devised ... More
KATHMANDU: During the wedding season, party venues are busy catering to the demands of guests. Although the burgeoning business seems to imply an outwardly celebratory mood, stakeholders claim transactions have dropped by as much as 50 per cent.
Current crisis The catering business was in a progressive mode around five years ago, when the ... More
KATHMANDU: These days, Nepali companies seem to find it more and more difficult to find and retain experienced skilled workers. Reports show a high unemployment rate, but companies are desperately searching for qualified, dedicated staff. The ultimate challenge for companies right now is to retain skilled labour and minimise labour migration. He ... More
LUNA SHRESTHA THAKUR is the founding director of Change Fusion Nepal.
Having worked abroad for several years, mainly in the USA and New Zealand,
she has summarised her experiences in her book A Journey to the Self. Change Fusion Nepal promotes
social entrepreneurship within the country and supports social
enterpri ... More
KATHMANDU: As if being appointed the first female country manager of Etihad Airlines in September 2011 was not a glorious achievement in itself, Pawana Shrestha is determined to soar even higher. “This has been one of my best accomplishments so far, but I will continually strive for better achievements in the coming days,” she says. ... More
LALITPUR: Under the guidance and supervision of his father, Dirgha Muni Shakya started repairing watches at the age of 15 and
continues to do so even now at the age of 65. Shakya continues his family business opposite the Bhimsen Temple at Patan Durbar Square. “As a kid, I used to go to my father’s shop and watch him wo ... More
KATHMANDU: With the monsoon unleashed, the business of raincoats is making hay while it downpours. Stylish, comfortable and handy for those on the move, the demand for raincoats is on the rise. Chinese raincoats are flooding the market with a wide variety of brands and styles. Since Chinese products are more affordable, fancy and attractive, the ... More
KATHMANDU: Since its introduction in the 1990s by the legendary Mohammed Yunus, microfinance institutions (MFIs) have become a powerful engine to combat poverty and enhance economic development in third world countries through collateral free loans to skilful and capable poor people. Thirteen out of 29 million Nepalis lack access to basic formal ... More
SARAT DASH served as the chief of mission at the International Organisation for Migration (IOM) in Nepal from July 2008 and is now leaving for Bangladesh on his next assignment. During his tenure, IOM facilitated resettlement of over 60,000 refugees to eight countries and was also involved in offering extended technical expertise and capacity bu ... More
KATHMANDU: Located at Basantapur, Shree Kumari Bakery has a two decade long history in manufacturing quality bakery items at a reasonable price. Initially established in 1990, the current owners of the bakery, Solin Shrestha and Saroj Shrestha, purchased the shop from its previous owner almost a year ago.
Solin says, “I’ve al ... More
PARBAT: This farming season has brought with it the hue and cry over shortage of chemical fertilisers. But 200 farmers in the village of Mudikuwa, an hour’s walking distance from Kushma Bazaar, are immune to the nationwide concern. All of them boast of improved cowsheds that collect cattle urine and excreta to be turned into manure, thus m ... More
POOJA WARIER is the director of UnLtd India, a launch pad for social entrepreneurs. The organisation funds and supports exceptional
individuals whose ideas, passion and entrepreneurial skills can bring long-term solutions to the country’s social problems. She was in
Kathmandu and spoke to THT Perspectives about the prospect ... More