Nepal startups
Bhimsaria Group to Introduce Dyson Appliances in Nepal
In a bid to revolutionize Nepal’s appliance market, Bhimsaria Group, a key player in the industry, is gearing up to launch Dyson products nationwide. The company, known for its lineup of reputable brands like Apple, Dell, and HP, has now added Dyson to its portfolio, signaling a remarkable expansion in its offerings. Dyson, a renowned […]
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Nepal Unveils Startup Policy to Boost Entrepreneurship
In a bid to foster innovation and entrepreneurship, the Nepali government has announced the ‘National Startups Policy, 2080’, which outlines a range of incentives and facilitation measures for startup enterprises in the country. The policy, adopted and enforced by the Council of Ministers, aims to promote and facilitate investment in startups by providing waivers, easing […]
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Above-Normal Monsoon: Relief for Nepal’s Farm Economy
Good news for Nepal’s farming community and agro-based businesses! Meteorologists from South Asia are forecasting above-normal monsoon rainfall for most parts of the region, including Nepal. This prediction has raised hopes for a bountiful harvest, potentially reviving the country’s farm-dependent economy. According to a statement released by the 28th Session of the South Asian Climate […]
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Nepal’s Youth Embracing Startup Culture Amid Rising Unemployment
Amidst soaring unemployment rates in Nepal, a burgeoning interest in startups has emerged among the country’s youth. Young entrepreneurs are increasingly drawn to the prospect of availing concessional loans to kickstart their business ventures, a trend that has been further catalyzed by the government’s startup loan scheme. The Ministry of Industry, Commerce, and Supplies has […]
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Industrialists Propose Tax and Customs Reforms
Banke industrialists convened to address taxation concerns during a session with the Revenue Advisory Committee. The discussion, organized by the Nepalgunj Chamber of Commerce and Industry, highlighted the need for revisions in customs and tax rates to foster a conducive business environment. During the session, business leaders expressed dissatisfaction with the current single-rate value-added tax […]
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