TEN Reasons to Invest in Nepal

By Bhupendra Khanal Many aggressive companies are staying away from Nepal, thanks to poor security situation. The power majors are considering of huge investment in Hydropower sector to export power to the power hungry states of India and China, and this is good news for Nepal. A country with very high hydro-power potential has oneContinue reading “TEN Reasons to Invest in Nepal”

Bad Ass Economy: Inflation Soars to 13pc

A press statement issued by Nepal Rastra Bank said that food and beverage prices shot up by 13.4 percent while non-food and service rates were up 12.7 percent. Propelled by a remarkable rise in the prices of food and non-food commodities, the rate of inflation during the first month of the current fiscal year climbedContinue reading “Bad Ass Economy: Inflation Soars to 13pc”

Maoist New Nepal: Industrial Capitalism Covered by Socialism

By Bishnu Pathak and Neil Horning The reactions to the budget from the nation’s policymakers and critics are often guided by four motives. Those who made the budget in the past regard it as imbalanced and untenable and heap praise on their own budget. Others who suffered defeat in the CA polls from the MaoistsContinue reading “Maoist New Nepal: Industrial Capitalism Covered by Socialism”

The Maoist Budget of Rs 236 Billion: Bold but Not Beautiful

In their first ever budget speech, the Maoists promise to build the infrastructures and propel the economic growth that they mercilessly destroyed and pushed back in the name of revolution during the decade-long insurgency By Prem Khanal the Kathmandu Post The first fiscal-year budget of the Democratic Republic of Nepal unveiled yesterday by the Maoists-ledContinue reading “The Maoist Budget of Rs 236 Billion: Bold but Not Beautiful”

Nepal’s Per Capita Is $470 (Which Still Looks Like a Misprint)

Agriculture growth 14 yr high By Prem Khanal Propelled by the a strong growth in both the agriculture and non-agriculture sectors, the long-ailing economy has bounced back to record 5.56 percent growth in the current fiscal year, highest economic expansion in last the seven years. With the growth, the total size of Nepali economy inContinue reading “Nepal’s Per Capita Is $470 (Which Still Looks Like a Misprint)”

Our Geography and Our Economy

Does Mr. Prachanda also have the spirit and determination to lead the impoverished Nepal and be the helmsman of 27 million Nepalese? By Samyam Waglé While the debate about the probability of miraculous economic success in Nepal under Maoists leadership is going on, they have not still come up with such strong convincing economic policiesContinue reading “Our Geography and Our Economy”

It's Economy Stupid! Maoist Comrades Try to Assure the Business Community

Stock market has been crashed and business circle is confused. As the news of Maoist victory in the polls come out, the Maoist leadership is trying hard to assure the business community that they are here for capitalism. For the CPN Maoist, the victorious party in the April 10 CA polls, the campaign hasn’t endedContinue reading “It's Economy Stupid! Maoist Comrades Try to Assure the Business Community”