Facilitation of transit services is a compelling condition for enhancement of international trade of all countries. But, it is particularly important for landlocked countries since obstruction in transit postulates a fierce challenge to the external orientation of these economies. Being a landlocked country, the Nepalese
Arjun Pakhrin of Chanauli, Chitwan after returning from foreign employment was planning to start a small sized poultry farm in his home town. In January, with savings from having worked overseas, Pakharin started building a poultry house on his land to accommodate 1000 chickens. He
Ram Kumar Thapa (name changed) owns two mini-trucks to transport construction materials. This is how he earns his livelihood. The mini-trucks however hardly impact the upscale status of his life. Besides the transport venture, he is into borrowing and lending money at huge profits. The
Two years have passed since the devastating earthquake, however there is dismal progress on the reconstruction front. Only 23,000 individual houses have been rebuilt in these two years due to slow distribution of government grants, lack of trained masons, lack of labour and lack of
The Insurance Board (insurance sector regulatory authority) has recently fixed the paid up capital for life and non-life insurers from Rs 500 million and Rs 250 million to Rs two billion and Rs one billion, respectively. The regulatory measure by the Nepal Rastra Bank (NRB)
We live in times of extraordinary choices. We live in times of extraordinary change too. We can create our destiny or master it. We can live to our highest potential or walk the path of mediocrity. I call this to attention at a time when the
Prithvi Bahadur Pandé, Chairman of Nepal Investment Bank Limited (NIBL) and a renowned heritage conservationist, says that there are three different phases in everyone’s life, learning, earning and giving back. “All of us get educated first, then we start earning out of it, and finally
Raju Bikram Shah is a known name in the hospitality industry with 35 years of experience with some of the industry’s top names. He graduated from Oberoi School of Hotel Management in 1983 specialising in Food and Beverage. He has recently joined the Annapurna Group
Sunil KC is CEO and founder of Asian Institute of Diplomacy and International Affairs (AIDIA), an independent, non-partisan, non profit foreign policy think tank. KC started his career as a radio presenter at the age of 13 during the Maoist conflict. He is a founding member
The impermanence of life is a blessing; when you leave your house everyday there is no guarantee that you will return. While you are confident in how you think your day is going to play out, there are always unexpected disasters waiting to happen, similarly