Author: Himalaya Post

Nepal can develop economically solely in coordination with its neighbors : Chandiraj Dhakal

Nepal can develop economically solely in coordination with its neighbors : Chandiraj Dhakal

Posted by | Jul 3, 2023 | ,

Kathmandu – Chandiraj Dhakal, Former president of FNCCI, has participated in the 12th South Asian Business Leaders’ Summit held in Yancity, China. In the conference organized with the main slogan of ‘Share the Opportunities of the Era, Create Prosperity of the Region’. On behalf of Nepal, along Dhakal Dr. Kayur Shersingh and RS Bhandari also participated in the summit. The program organized by China Council for the Promotion of International Trade (CCPIT) and the Sichuan Provincial People‘s Government SAARC Chamber of Commerce and Industry was held in the Jing GM Hotel. At the conference, What can South Asia learn from...

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Akhanda Nepal vs. Akhanda Bharat

Akhanda Nepal vs. Akhanda Bharat

Posted by | Jun 23, 2023 | ,

– Dr. BP Badal “Prime Minister Modi is the boss”, as the Australian Prime minister says, and seems he is gradually leading the postmodern world rising from the East. As a citizen of Nepal, where Hinduism and Buddhism were born, it is highly admirable, that a Hindu, monk-type of prime minister leads the world. Rishi Sunak in the United Kingdom, Kamala Harris in the USA, and of course, Modi in India can shake the globe once as they like. Prime minister Prachanda, the hero of the revolution and now the hero again of peace, quoting Baba Ramdeva in Khaptad Spiritual...

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International Yoga Day : Public yoga program concluded in Pokhara

International Yoga Day : Public yoga program concluded in Pokhara

Posted by | Jun 23, 2023 | ,

Kathmandu – On the occasion of the 9th International Yoga Day, a public yoga program was held at Pokhara Stadium.   The Embassy of India, Kathmandu, in association with Pokhara Metropolitan City, Nepal Tourism Board and Patanjali Yogpeeth Nepal organised a public yoga at Rangshala in Pokhara to celebrate the 9th International Day of Yoga on Wednesday. This year’s theme of International Yoga Day is “Yoga for Vasudhaiva Kutumbakam’ or ‘Yoga for the Welfare of All as One World-One Family’. Hon’ble Minister of Culture, Civil Aviation and Tourism Mr Sudan Kirati, Hon’ble Chief Minister of Gandaki Surinder Pandey, Mayor...

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Hospitality Entrepreneurship

Hospitality Entrepreneurship

Posted by | Jun 21, 2023 | ,

– Anurag Gaire Entrepreneurship is the act of starting a business in the hope of earning a profit. However, our modern perception of entrepreneurship has evolved into recognizing its ability to solve large-scale problems and influence social change. Entrepreneurs may also become thought leaders in their fields, although this isn’t necessarily a distinguishing factor of someone in this role, but it can be a natural outcome. Entrepreneurship itself is an act of taking risks. It requires a unique set of skills including self-determination, self-motivation, and perseverance. Whether you’ve conceptualized a solution to a known problem or you’ve simply decided...

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Axiata and Ncell Confirms Receipt of ICSID’s Arbitration Award

Posted by | Jun 12, 2023 | ,

Kathmandu May 29 – Axiata and NCELL have received the arbitration decision of the International Center for the Settlement of Investment Disputes (ICSID). It is mentioned in the release that ICSID has received the decision of its arbitration proceedings in relation to the request made by Axiata UK to arbitrate the capital gains tax imposed by Nepal when it acquired 80 percent of Ncell’s shares indirectly in 2016. ‘Arising from Nepal’s non-adherence to Tribunal orders during the early stage of the process, Nepal has also been ordered to pay certain sums to Axiata UK and Ncell, being a sum of approximately USD1.4 million to Axiata and to reimburse Ncell for the cost of a loan taken out by Ncell. No sums are payable by Axiata UK or Ncell under the Award’, mentioned in release. Similarly, Ncell has also said that it will respect the decision made by the international court regarding profit tax. Aziata respects the tribunal’s decision and is consulting with its legal advisors regarding the decision. Updates on this matter will be announced later. Aziata thanks ICSID and all participants involved in the process and will continue to engage constructively with the Government of Nepal’, the statement said. It is also said that Aziata and Ncell have contributed to the economic and social development of...

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