How Does India’s New GST Tax Regulation Affect Nepal’s Business?

The effect of the roundabout expense would be instantly found in products that Nepal imports from third nations, as travel benefit charges will go up once the new duty administration comes to drive, as indicated by authorities. Remarkably taking shape since 2000, the Goods and Services Tax (GST) is effective from July 1 in India. GST is a solitary expense on the supply of products and ventures, appropriate from the producer to the customer. Credits of information charges paid at each stage will be accessible in the resulting phase of significant worth expansion, which makes GST basically an e...

Major Hydroelectricity Projects in Nepal

Bestowed with 2.27% of the world water resources, 818,500 Ha of total water surface area, about 6,000 rivers including rivulets and tributaries totaling about 45,000 KM in length, Nepal is the second richest country in inland water resources. The perennial nature of rivers and the steep gradient of the country's topography provide ideal conditions for the development of hydropower. Theoretical hydropower potential of the country in terms of megawatts is estimated at 83,000 MW, of which half i.e. 40,000 MW is considered to be technically and economically viable. However, Nepal till date ...

Dooming Export of Carpets and Readymade Garments – What are the Reasons?

Export earnings of woolen carpet and readymade garments—products that are among the country’s main exportable items- both declined by 8.3 percent and 9.7 percent respectively in the first 11 months of the current fiscal year. The decline was blamed on lack of government incentives, low productivity and lack of price competitiveness in the international market. Likewise, the readymade garment also posted dismal figure regarding its export during the review period. Garments exporters also blamed high production costs behind the falling export of Nepali products. According to Trade and Export ...

How Tourism Pumped up Nepal’s Economic Growth last year

Nepal’s travel and tourism sector pumped Rs. 177 billion into the economy and supported more than 427,000 jobs last year, the World Travel and Tourism Council (WTTC) said. According to the annual Economic Impact Research report for 2017, tourism accounts for 7.5 percent of Nepal’s GDP and is forecast to rise 4.3 percent annually to Rs. 287.6 billion, or 8.3 percent of the GDP in 2027. The GDP generated directly by the travel and tourism sector includes its indirect and induced impacts. The report said that the direct contribution of travel and tourism to the GDP in 2016/17 was Rs. 85.2 ...

4 Marketing Strategies That Can Boost B2B Sales

Four business marketing strategies can boost business-to-business sales conversion rates by up to 25 percentage. However, only 15 percent of businesses fully take advantage of them. Even those that do use the strategies sometimes fail to maximize sales conversions because of a lack of coordination and integration. The Four Strategies: Standardizing lead handoffs; Employing lead scoring; Creating detailed customer maps; and Coordinating between sales and marketing departments. Standardizing Lead Handoffs Standardizing lead handoffs from marketing to sales would increase m...

How Can Twitter Help Nepalese Businessmen to Grow Their Business

“No matter what type of business you are — from a large retailer to a freelance designer; from a B2B software provider to a mobile app company — you can use Twitter to build meaningful connections with a relevant and engaged audience. These connections can lead to actions across a network of loyal customers for your business.” (Twitter Business). Twitter is a chief social media-marketing platform. Which is why businesses need to deliberate having a strong presence there. In the 21 st century, where people spend most of their time keeping their heads down on their phones, they like to be updat...

How Much Does It Cost To Build A House In Kathmandu?

 “If you come to Kathmandu, you’ll fall in love with the city and will love to stay here forever”, said an old man whom we asked what he has to tell about this beautiful city. He came to this exquisite city 50 years ago with a dream to be a rich man. He is indeed a rich man with two houses - one in Jawalakhel and the other in Baneshwor. We asked him how much he spent to build his houses for which he replied – around 1 lakh rupees for each house. Wow! We asked ourselves how much it costs to build a house in Kathmandu now. Keeping aside the cost of land in Kathmandu (which would cost more than ...

Poultry farming in Nepal and Its Share in Nepalese Business

In a developing country like Nepal where agriculture lone accounts for around 37% of the total gross domestic product (GDP), which has been varying throughout the year but still remains as the largest source of the economy. It is a sector that contributes to the Nepalese economy in many ways from provision of resources to employment opportunities. Poultry farming or livestock is a major subsidiary under agriculture and refers to the procedure of fostering domestic birds like chickens, turkeys, ducks and turkeys with the purpose of farming meats and eggs for food devotions. An average Nepale...

Ready for a Sweet Dessert? Here are 10 sweets one must taste when in Nepal.

The traditional sweets of Nepal are called "Mithai" in Nepali.  Nepali sweets are served throughout the day: with breakfast, with afternoon tea as a snack, and after dinner.  The confections are made from a wide variety of ingredients, including milk, fruits, vegetables, flours, grains and beans, nuts and seeds.  Some Nepalese sweets are quite sweet and often paired with plain foods such as yogurt, puri bread, swari and fruits.  The sweets are flavored with green and black cardamom seeds, saffron, and certain essence.  They are decorated with finely chopped cashews, almonds, coconut, pistach...

5 Things That Will Boost Nepalese Tourism

Puerto Rican singer and actor, Ricky Martin who loves to spend his outings in Nepal that it brought him to visit the beautiful jewel in South Asia twice said, “I love Nepal because you can walk for miles and never get anywhere. I go trekking in the mountains, and I will walk for seven days in a row.” He also praised the rich culture and locals who consider all like family. A gem not only in Asia, but also known for its captivating beauty and culture throughout the world, there’s always a subject as to what can be done to enhance the tourism. A beloved destination among travel enthusiast...