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Trade support: Changes in export sector Since the beginning of 2000's, the World Bank has provided support to developing countries in their efforts to promote economy wide or poverty alleviation change. [More]
G8 must make way for new system Over the years, there has been a crescendo of voices from the US and the EU urging that large emerging economies such as India and China be "responsible stakeholders in the international system". [More]
Unity fiasco Unity Life International (ULI) chairman Kashi Ram Gurung and Managing Director Bishnu Chhetri are still at large but the Unity has been issuing press releases in an advertisement form in national dailies. It conned billions of rupees of general public by running illegally immense network business. [More]
Incompetent central bank The regulatory body of Nepal's robust financial industry Nepal Rastra Bank (NRB) failed to appoint chief executive officers of two anemic state-owned commercial banks- Nepal Bank Limited (NBL) and Rastriya Banijya (RBB)- in the fifth attempts, ultimately transferring the rights of doing so to the World Bank (WB). [More]
Donors are disrupting Nepal's development Vice president of National Planning Commission (NPC) Dr Jagdish Pokharel has said NPC is facing difficulties to proceed with its responsibilities due to unwarranted interventions on the part of foreign donor countries, reports Karobar daily. [More]
The year 2066 B.S.: A flashback Looking back at the year 2066 B.S. through the financial lens could be an interesting venture. It could give a sense of how the players of the economy felt about the past 12 months as the year slipped into history on April 13, 2010. Did they find their lives more enriched or impoverished during the period? Was it comforting or painful from the viewpoint of livability? [More]
Nepali, Asian Migrant Woes in Malaysia The woes of Nepali migrant workers in Malaysia have been often reported in our media. The London-based Amnesty International nows comes out with a study detailed report on South and Southeast Asian labour in Malaysia, and some concrete recommendations. The following is the summmary of the report entitled Trapped: The Exploitation of Migrant Workers in Malaysia (Amnesty International March 2010): [More]
Economy under siege ! The country’s economy is in doldrums. Practically speaking, almost all the sectors of the economy have been pushed into a tailspin. Ambiguous policy incongruous with the basic tenets of liberal economy, paralyzing power shortage, wage dispute, and fast fading investor’s confidence can be attributed to the country’s gloomy economic performance. [More]
Declining economy and frightening load-shedding The country's economy is being increasingly debilitated by prolonged load-shedding hours [More]
The fuel behind bank-teller The banking sector, despite experiencing frequent hiccups because of political instability and the accompanying vulnerability of economic policy, shows two encouraging trends in Nepal. Innovative packages for the urban bank-users are emerging day by day thanks to creative financial marketing. Micro-financing for grass-root farms and enterprises in villages also is making its presence felt in a noticeable manner due to the democratic sense of making economic development meaningful at people's level. [More]
Stimulating the economy Players of Nepali economy could utilize the preparatory works being undertaken at present to preface Nepal Tourism Year 2011 for pumping enthusiasm and energy into the ailing sectors: investment and production. They have an option -- capitalizing on the atmosphere being created for what could be dubbed as the mega campaign to boost the country as the premier holiday destination. [More]
Rural Development Realities By Dr. Kamal Raj Dhungel A few days ago, I had a chance to visit to a model VDC Kabre of Dolakha district around 175 kilometers in the North-East of the capital. From the very beginning of its history, Kabre has remained relatively well educated village. Almost all the residents are Chhetris and Brahmins composed of different castes. [More]
Bad governance bleeding banks ! Recently, Nepal Rastra Bank (NRB) initiated action against the two chief executives and other 10 officials belonging to the two development banks. [More]
Desperately searching for an able and steady governor Picking up a Governor for Nepal Rastra Bank on time appears to be a very serious problem for the government. Had it not been so, the name of the successor of Bijaya Nath Bhattarai would have been announced by January-end, the day he officially quits the position at the end of his term. [More]
Boosting confidence The country’s capital market needs boosting measures to change the trend of fall which continued for the past three weeks. The Nepse index marked a fall by -2.42% at the closing in the past week when all trading days witnessed nothing but decline. [More]
Europe in Crisis At the start of the last decade, in March 2000, the European Union heads of state announced the Lisbon Strategy. Its aim, by 2010, was to make Europe “the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion.” [More]
Nepse signals frail move Nepal Stock Exchange continued to experience suppliers' command in the capital market as Nepse index closed at 530.96 with - 0.90% fall at the end of the week. The scenario, could, on positive interpretation, indicate some flattering opportunities for luring buyers towards undervalued stocks. [More]
The (latest) portrait of Nepali economy Will the High Level Political Mechanism formed recently care to glance at the latest frail appearance of the country's economy presented in the parliament? [More]
The US and China Asian capitalism, notably China is competing with the US for global power. Asian global power is driven by dynamic economic growth, while the US pursues a strategy of military-driven empire building. [More]
The great Dragon Awakens: China Challenges American Hegemony Nowadays, most International Relations analysts acknowledge China’s potential to achieve superpower status over the course of the next decades due to its impressive economic growth, which was triggered by Deng Xiaoping’s economic reforms program. [More]
G8 must make way for new system Over the years, there has been a crescendo of voices from the US and the EU urging that large emerging economies such as India and China be "responsible stakeholders in the international system". [More]
Unity fiasco Unity Life International (ULI) chairman Kashi Ram Gurung and Managing Director Bishnu Chhetri are still at large but the Unity has been issuing press releases in an advertisement form in national dailies. It conned billions of rupees of general public by running illegally immense network business. [More]
Incompetent central bank The regulatory body of Nepal's robust financial industry Nepal Rastra Bank (NRB) failed to appoint chief executive officers of two anemic state-owned commercial banks- Nepal Bank Limited (NBL) and Rastriya Banijya (RBB)- in the fifth attempts, ultimately transferring the rights of doing so to the World Bank (WB). [More]
Donors are disrupting Nepal's development Vice president of National Planning Commission (NPC) Dr Jagdish Pokharel has said NPC is facing difficulties to proceed with its responsibilities due to unwarranted interventions on the part of foreign donor countries, reports Karobar daily. [More]
The year 2066 B.S.: A flashback Looking back at the year 2066 B.S. through the financial lens could be an interesting venture. It could give a sense of how the players of the economy felt about the past 12 months as the year slipped into history on April 13, 2010. Did they find their lives more enriched or impoverished during the period? Was it comforting or painful from the viewpoint of livability? [More]
Nepali, Asian Migrant Woes in Malaysia The woes of Nepali migrant workers in Malaysia have been often reported in our media. The London-based Amnesty International nows comes out with a study detailed report on South and Southeast Asian labour in Malaysia, and some concrete recommendations. The following is the summmary of the report entitled Trapped: The Exploitation of Migrant Workers in Malaysia (Amnesty International March 2010): [More]
Economy under siege ! The country’s economy is in doldrums. Practically speaking, almost all the sectors of the economy have been pushed into a tailspin. Ambiguous policy incongruous with the basic tenets of liberal economy, paralyzing power shortage, wage dispute, and fast fading investor’s confidence can be attributed to the country’s gloomy economic performance. [More]
Declining economy and frightening load-shedding The country's economy is being increasingly debilitated by prolonged load-shedding hours [More]
The fuel behind bank-teller The banking sector, despite experiencing frequent hiccups because of political instability and the accompanying vulnerability of economic policy, shows two encouraging trends in Nepal. Innovative packages for the urban bank-users are emerging day by day thanks to creative financial marketing. Micro-financing for grass-root farms and enterprises in villages also is making its presence felt in a noticeable manner due to the democratic sense of making economic development meaningful at people's level. [More]
Stimulating the economy Players of Nepali economy could utilize the preparatory works being undertaken at present to preface Nepal Tourism Year 2011 for pumping enthusiasm and energy into the ailing sectors: investment and production. They have an option -- capitalizing on the atmosphere being created for what could be dubbed as the mega campaign to boost the country as the premier holiday destination. [More]
Rural Development Realities By Dr. Kamal Raj Dhungel A few days ago, I had a chance to visit to a model VDC Kabre of Dolakha district around 175 kilometers in the North-East of the capital. From the very beginning of its history, Kabre has remained relatively well educated village. Almost all the residents are Chhetris and Brahmins composed of different castes. [More]
Bad governance bleeding banks ! Recently, Nepal Rastra Bank (NRB) initiated action against the two chief executives and other 10 officials belonging to the two development banks. [More]
Desperately searching for an able and steady governor Picking up a Governor for Nepal Rastra Bank on time appears to be a very serious problem for the government. Had it not been so, the name of the successor of Bijaya Nath Bhattarai would have been announced by January-end, the day he officially quits the position at the end of his term. [More]
Boosting confidence The country’s capital market needs boosting measures to change the trend of fall which continued for the past three weeks. The Nepse index marked a fall by -2.42% at the closing in the past week when all trading days witnessed nothing but decline. [More]
Europe in Crisis At the start of the last decade, in March 2000, the European Union heads of state announced the Lisbon Strategy. Its aim, by 2010, was to make Europe “the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion.” [More]
Nepse signals frail move Nepal Stock Exchange continued to experience suppliers' command in the capital market as Nepse index closed at 530.96 with - 0.90% fall at the end of the week. The scenario, could, on positive interpretation, indicate some flattering opportunities for luring buyers towards undervalued stocks. [More]
The (latest) portrait of Nepali economy Will the High Level Political Mechanism formed recently care to glance at the latest frail appearance of the country's economy presented in the parliament? [More]
The US and China Asian capitalism, notably China is competing with the US for global power. Asian global power is driven by dynamic economic growth, while the US pursues a strategy of military-driven empire building. [More]
The great Dragon Awakens: China Challenges American Hegemony Nowadays, most International Relations analysts acknowledge China’s potential to achieve superpower status over the course of the next decades due to its impressive economic growth, which was triggered by Deng Xiaoping’s economic reforms program. [More]
