Nepal | August 12, 2020

Entrepreneurs say Nepal virgin land for business opportunity

Himalayan News Service
Share Now:

Kathmandu, September 21

Ace International Business School (Ace IBS) organised a panel discussion programme today under the title ‘Doing Business in Nepal: Opportunities and Challenges’.

The discussion was organised with an aim to create an insightful learning experience for the students by offering them an opportunity to listen to industry insights from renowned experts.

The panel discussion was participated by the MBA students and faculty members of Ace IBS and renowned personalities from the corporate sector of the country.

Meanwhile, owner of Navaras Pickles, Kitchen Recipe and Achar Ghar Hajuri Bista; Chairman of Sakya Group Yogendra Sakya; Director of Him Electronics Seema Golchha; Chairman of CE Construction Bijay Rajbhandari and Co-owner of Bodhi Books and Bakes Jagannanth Lamichhane were the panellists at the discussion event.

During the discussion, the panellists shared their insights and experiences of the prevalent status of doing business or being an entrepreneur in Nepal and the various challenges that they have faced during their journey to entrepreneurship.

During the panel discussion, all the panellists requested students to create an opportunity instead of waiting for one. “Nepal is still a virgin land. And it is still in an infant stage of industry and business. Hence, young people of the country have to grab that opportunity to stand as an entrepreneur,” said Sakya. He further said that the young generation of the country is going abroad seeking better opportunities, however the fact is that Nepal is like a raw dough and the youth can bake it the way they want.

Likewise, Rajbhandari highlighted the importance of education, experience and exposure to become a successful entrepreneur. “Indeed our country has lots of challenges, including policy and financial, however be determined to overcome them,” he said. “If we could reach this height then surely there are more better opportunities for the new generation.

Let not any financial or policy level limitations affect any business.”

Meanwhile, Golchha highlighted the struggles that women have to face to become an entrepreneur by handling the family and business at the same time. Bista shared her experience of starting her business at the age of 39 and becoming a successful entrepreneur.

A version of this article appears in print on September 22, 2019 of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Extra-time Fernandes penalty sends United into Europa semis

COLOGNE: Manchester United were forced to dig deep to reach the Europa League semi-finals as Portuguese midfielder Bruno Fernandes converted a 95th-minute penalty to secure a 1-0 win over a stubborn FC Copenhagen side after extra time on Monday. United, who won Europe's second-tier comp Read More...

Coronavirus in APF personnel increases risk of community spread in Jhapa

Jhapa, August 10 It is suspected that COVID-19 has spread at the community level in Gauradah Municipality of Jhapa. With the detection of COVID in five people, including APF personnel today, the risk of COVID spread at the community level has increased in wards 6, 7 and 8 of the municipality. Read More...

Livewire Lukaku leads Inter to Europa League semi-finals

DUSSELDORF: Inter Milan striker Romelu Lukaku scored the winner in a 2-1 victory over Bayer Leverkusen as he tormented the Germans to lead his side into the Europa League semi-finals on Monday. Nicolo Barella put Inter ahead after 15 minutes, driving the ball home after Lukaku's shot w Read More...

COVID cases on the rise in Dharan

Dharan, August 10 The number of people infected with COVID-19 is increasing in Dharan Sub-metropolitan City. Nine more people tested positive for the disease in the city today. After the virus spread in the community from Preeti Valve and Fittings factory in Dharan Industrial Estate, the su Read More...

Bara to set up 400-bed isolation ward

Bara, August 10 Authorities in Bara have decided to set up a 400-bed provincial isolation ward in Jitpursimara Sub-metropolitan City for treatment of coronavirus infected persons. “Work to construct the isolation ward will start from tomorrow and finish in two weeks,” said Jitpursimara sub Read More...

Cases of coronavirus rising among bank staff

KATHMANDU, AUGUST 10 The rising cases of coronavirus among bank staffers across the country have raised serious concerns over the effectiveness of measures adopted by banks and financial institutions (BFIs) to prevent the spread of the virus. As banking services are among essential services an Read More...

Four of a family dead as house collapses in Doti

DOTI: Four members of a family were killed after their house collapsed in Adharsha Rural Municipality-1 of Doti District on Monday night. The deceased have been identified as Loke Luhar, his wife Bishna (35), son Paras (11), daughter Siru (7) and Jenisha (4), informed Deputy Superintendent of Read More...

849 passengers arrive on last day of fourth phase of repatriation

KATHMANDU, AUGUST 10 A total of 849 Nepalis were evacuated today via five flights. According to Tribhuvan International Airport (TIA), Nepal Airlines Corporation (NAC) evacuated 151 passengers and Himalaya Airlines repatriated 149 passengers from Doha in Qatar. Himalaya Airlines also brought h Read More...