United We Blog

Category: nepali economy

  • Pictures show how Nepal is coping with the inhumane blockade by India

    Pictures show how Nepal is coping with the inhumane blockade by India

    – by NepalForeignAffairs.com team The Indian blockade of Nepal (#IndiaBlockadesNepal) has been running for over three months now. Being landlocked, most of Nepal’s imports come via India. Although international laws provide landlocked countries the right to unrestricted passage to the sea, India has been unquestioned by the international community on the way it is putting…

  • Nepal’s Trade Deficit Continues to Widen

    Nepal’s total trade deficit in fiscal year 2014-15 surpassed the total annual budget presented for the same fiscal year, reports Republica. The trade deficit rose by 10.8 percent to a whopping Rs 689.36 billion in the fiscal year 2014-15 compared to total fiscal budget of Rs 618 billion, according to the central bank’s report titled…

  • A Deviated Path: The Private Life of Nepali Private Sector

    Siromani Dhungana/UWB Nepal’s private sector, as evidences show, is shying away from its major responsibilities and becoming much like NGOs. The current situation is such that the private sector is acting like nonprofits or as a project implementing body. Popular perception is that our private sector lacks innovative approaches and entrepreneurial mindset. Recently, me and…

  • Women Entrepreneurs in A Country Where Business was Men’s Domain

    Women entrepreneurs in Nepal have come far but they still have a long way to go. Women entrepreneurs are still waiting for a situation where they will get a chance of working as freely as their male counterparts. Siromani Dhungana/UWB Over the last few weeks, I have met several women entrepreneurs who are doing amazing…

  • A Conversation with Departing Nepal Chief of the UK Aid Agency

    By Siromani Dhungana UWB At one point on his last day in office as head of DFID Nepal, Dominic O’ Neill was waiting for reporters. And a photographer. “So, you guys want to take a picture?” He said as he fixed his tie. “This will probably be the last meeting with journalist in my nearly two…

  • Tax Transparency: We Should Have a Good Debate

    Siromani Dhungana UWB IMF working paper on ‘VAT Fraud and Evasion: What Do We Know and What Can be Done?’ says: Like any tax, the VAT is vulnerable to evasion and fraud. But its credit and refund mechanism does offer unique opportunities for abuse… After introduction of Value Added Tax (VAT) revenue in 1997, Nepal’s…

  • Obstacles for Business in Nepal: Instability and Maoists

    Political instablity and power outage are the two major contributors to Nepal’s poor investment climate, a World Bank report says. It forget to mention the number one reason: the Maoists. Nepal 2009 Enterprise Survey points out lack of access to finance and labour regulations as other major obstacles. Obstacles, however, differ from industry to industry.…