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rrr
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Posted on 10-22-04 11:15
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Just wondering what do you thing how safe is it do a business in nepal? I kw they now ppl are doing business but I just have this question how they survive?
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Shaiva
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Posted on 10-22-04 6:06
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It is much safer than Gujrat in India for Muslims, Jaffna in Sri Lanka for Sinhalese, Colombo for Tamils, Manipur in India for Hindus, Kashmir for Brahmins, New York for Sikhs, London for Pakis, Paris for Sudanese, Pakistan for Hindus, Japan for Koreans, Israel for Palestinians, and China for anyone other than its military. After all, this world is an extremely unsafe place for the weak, Nepal being no exception. There also you can buy your safety by paying royal family, maoists and the army. Every top businessman is doing that. You too can do that. Best of luck.
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eyefusion
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Posted on 10-22-04 11:53
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shaiva, loved your response except that i think u went too far giving an example of china. Nonetheless, this is the best answer i have heard so far in contrast to the answer i have been hearing from fellow nepalis' living abroad who seem confident that going back to nepal other than temporary visits is almost sucidal.
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Yours Dipen
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Posted on 10-23-04 3:26
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Shaiva, Its really good to read your nice answer. I am very much agree that this is the best answer one can ever have in contrast to Question put up by rrr. I also think this answer must be read by every sajha member so i am making thi to the top of the Kurakani board. Yours Dipen
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ashu
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Posted on 10-23-04 7:28
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This week's NEPAL magazine (see its site at kantipuronline.com) carries short but informative profiles of half-a-dozen or so young Nepali entrepreneurs who are doing good business in Nepal. Also, based on my almost four-years ko experience working very closely with Nepali private sector firms (both start-ups and established ones) in and out of Kathmandu, I would say that the people profiled by NEPAL are the "high-end" ones . . . but their stories do confirm that taking calculated risks, taking advantage of business opportunities, being determined and, yes, being lucky in Nepal in business have their own payoffs. ***** That aside, the International Finance Corporation (IFC), which is a member of the World Bank Group, has just published a report titled "Doing Business in 2005". On page 119 of that report, it has a table on Nepal. Relevant extracts: When starting a business in Nepal, the number of procedures an entrepreneur has to follow: 7 The number of days it takes to start a business legally in Nepal: 21 days Number of procedures required to enforce contracts: 28 Number of days it takes to enforce contracts: 350 days When closing a business Time of insolvency: 5 years ***** Moreover, the IFC report has information on: hiring and firing workers in Nepal, registering property, getting credit, protecting investors and info on closing business in Nepal. Hope this helps. oohi ashu
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rrr
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Posted on 10-23-04 11:24
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highfly
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Posted on 10-23-04 11:41
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Yo all, What about the extortion (by maoist, thugs as maoist, by govt)??? High end, ya right, you know where they are getting protection from?
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the_hareeb
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Posted on 10-23-04 4:05
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i just know this, nothing is going right in nepal now a days. all bussiness are going down. may god help us
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eyefusion
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Posted on 10-23-04 11:47
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thanks so much ashu ji for your helpful info..Inspite of the extremely grim business environment in nepal( so they say), its refreshing to know there are atleast few of us who have locked horns with the status quo and moreover, have managed to jab a punch or two.
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ENNA_501
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Posted on 10-25-04 1:53
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Good topic. And im getting aware.
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Prem Charo
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Posted on 10-25-04 7:30
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It is very good to do business in Hawaii. Start a business there.
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Moneyminded
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Posted on 10-26-04 2:47
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i think doing business in nepal is safe for some criteria. 1. supplying weapons to moaist 2. supplying army uniform to nepal army 3. supplying food to nepal army 4. Emergency lights 5. Night visible glass ( too much load shedding)
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