First Business News Portal in English from Nepal
KATHMANDU: Global rating agency Fitch Ratings has affirmed Nepal’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-’ with a Stable Outlook, citing the country’s low external debt burden, strong foreign exchange reserves, and medium-term hydropower-driven growth prospects. The affirmation...
KATHMANDU: A storm is brewing in Nepal’s telecommunications sector, centered around a fiercely debated provision in Section 33 of the Telecommunications Act, 2053 (1996). Stakeholders are voicing deep alarm...
KATHMANDU: Marking a remarkable 65-year journey, Golyan Group, one of Nepal’s leading business conglomerates,...
In a candid and thought-provoking interview, Rudra Pandey, a trailblazing entrepreneur and one of the architects of Nepal’s information technology (IT) sector, shares his vision for transforming Nepal into a global IT hub. With a career spanning over two decades, Pandey has founded and sold multiple successful companies, including D2Hawkeye (now Cotiviti in the U.S.
KATHMANDU: Rajesh Agrawal, the Managing Director of Arghakhanchi Cement Limited, who now brags nationwide fame, had a sober beginning in Butwal-Bhairawaha, the industrial hub of Nepal. He is also a testimony that an efficient businessman, rigorously engaged in the manufacturing sector, should not necessarily be based in Kathmandu Valley. Manufacturing is thought to be riskier
KATHMANDU: Deepak Malhotra is a well-know name in Nepal’s business fraternity, especially in the mobile phone industry. During 2001,when Samsung brand was yet unknown in the Nepali market, Malhotra was the one who took the initiative to bring this global mobile phone brand in Nepal. Hard work and dedication led by Malhotra and his team
KATHMANDU: City Hotel Limited, the operator of Nepal’s first Hyatt Centric–branded property, has reported a notable rise in its net worth per share in the first quarter of Fiscal...
KATHMANDU: Nepal’s stock market rebounded on Tuesday after falling for three consecutive trading days. The NEPSE index rose by 3.21 points, closing at 2,565. The market, which opened lower...
Nepal is at a transformative crossroads, facing challenges related to its federal transition, economic recovery, increasing climate risks, and a growing youth population that needs jobs and skills. In...