The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has demanded the government to remove double taxation system citing that the taxes levied by the federal and provincial governments have dampened the spirits of the private sector. According to FNCCI, double taxation system must
Laxmi Intercontinental, the sole authorised distributor of Hyundai motors in Nepal, has introduced an innovative new sales channel development for its customers in an effort to ease into the changed situation of Covid 19. Laxmi Hyundai has introduced the new click to buy feature in
The grand finale of Huawei ICT Awards 2020, organised by Living with ICT, concluded on December 26 in the capital. Known as the most prestigious award in the field of information technology in Nepal, the ceremony honoured winners in 12 different categories. Parbat Gurung, Minister of
According to the CAAN, the domestic aviation sector lost a total of Rs 23.31 billion in revenue between March and November. Of the total loss, Nepal Airlines Corporation (NAC) lost Rs 5 billion while all other domestic airline companies lost Rs 10.62 billion. Meanwhile, Himalayan
Massive drops in working hours due to Covid 19 crisis have had a devastating effect on jobs and incomes in Asia and the Pacific, according to a new report by the International Labour Organisation (ILO).
The economic backlash of Covid 19 pandemic wiped out some 81
The Nepal India Chamber of Commerce and Industry (NICCI) sought Investment Board Nepal’s (IBN) support to organise Nepal-India
Partnership Summit targeting Indian investors. In the meeting with IBN CEO Sushil Bhatta on December 18, it drew the Investment Board’s attention toward a trend of slowdown on
Laxmi Premium Motors, the sole authorised importer and distributor for BMW cars in Nepal, partners with BMW Asia and BMW Bangladesh to open doors of a new 10,165 sq ft BMW dealership in Tinkune on December 7. The dealership serves as a key touch point
Coca-Cola in Nepal’s bottling partner, Bottlers Nepal has been awarded with a grant of Rs 5.2 million for its efforts on energy saving initiatives. The grant is a part of Nepal Energy Efficiency Programme designed by the German Federal Ministry for Economic Cooperation and Development
Nepal’s prominent private equity and venture capital firms have set up Nepal Private Equity Association (NPEA) on December 15 targeting at promoting alternative investment by bringing together stakeholders in Nepal’s expanding entrepreneurial ecosystem.
The NPEA, a profit non-distributing entity, has incorporated firms including Accelerator Nepal, One
Do you want to be the unquestioning subject who does what he is told or the thinking executive who questions, innovates and executes?
Winston Churchill had the gift of often coming up with prophetic statements. Many would still tend to agree with his following statement more