retail
Is MRP(maximum retail price) not enforced in NEPAL properly??
Here’s what happened. I went to BRT from KTM for my dashain-tihar vacation and during my 1-month break, I ate countless fast foods and Kurkure(my favourite) was one of them. Now that I am returning to KTM I just realised that our MRP laws and not so strictly enforced in these matters. In the packaging […]
Read MoreNepal currently imposes a tobacco tax of just 15.5% of retail price which is the lowest among the South Asian countries
On average, in Nepal the average amount of money spent per year on cigarettes is around 11% of GDP per capita. The recent estimates show around US$1.4 trillion of total economic loss results globally from tobacco use which is equivalent to 1.8% of the world’s annual Gross Domestic Product (GDP). About 40% of this cost occurred […]
Read MoreSamsung Partners with Him Electronics to Open Nepal’s First Multinational Electronics Manufacturing Facility
Samsung and Him Electronics have partnered to open Nepal’s first multinational electronics manufacturing facility. The landmark television factory is located in Nawalparasi and was inaugurated by the Hon’ble Minister of Industries, Commerce and Supplies and Samsung Southwest Asia’s CEO, Mr. JB Park. This move is expected to have a significant impact on Nepal’s economy and […]
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