Emerging Business Environment in Nepal
Emerging Business Environment in Nepal
Starting from the basic concept, we’ve grown up studying that Nepal is a landlocked country. The key to this very country is held by India and China since the antecedent times; two countries that have a firm grip on Industrialization and development from its known history. Once upon a time, they were the only ones who held the key to open up a gate of economic benefits. However, upon the beneficial regards of emerging resources, Nepal itself held its key to open up its gate to horizon further than these countries. Thus, business environment in Nepal flourished after then.
Summarizing this brief history, Nepal has evolved in lots of ways in term of business.
Upon the exclusion of International relations, this country has emerged its own line of traditional business since the medieval era. During the times where industrialization had not landed upon the country’s lap, it run its own basic industries like, woodwork, pottery, nepali paper, etc. These items still have not lost their charms. Currently these industries play a crucial role in terms of original traditional business. Besides these, many international conceptional businesses have come forth. For instance, Surya Nepal, Ncell, etc.
Economic Liberalisation:
After the formal dethroning of our former King, we all know that Nepal is now a Democratic country. During the Monarchial era, most of the large scale industries were held by the government itself. Whether it be transportation or communication, all of the system’s possession were under the Nepal government. The public transportation was under the government. The basic communicating services were also under the government. Since telephone services came only after the year 1970 B.S, before that letter services were the only means of communicating. Thinking of it now, actually letter writing was a very obligatory process of communicating; it actually made people feel that someone really remembered then. Besides that,
Starting from the basic concept, we’ve grown up studying that Nepal is a landlocked country. The key to this very country is held by India and China since the antecedent times; two countries that have a firm grip on Industrialization and development from its known history. Once upon a time, they were the only ones who held the key to open up a gate of economic benefits. However, upon the beneficial regards of emerging resources, Nepal itself held its key to open up its gate to horizon further than these countries. Thus, business environment in Nepal flourished after then.
Summarizing this brief history, Nepal has evolved in lots of ways in term of business.
Upon the exclusion of International relations, this country has emerged its own line of traditional business since the medieval era. During the times where industrialization had not landed upon the country’s lap, it run its own basic industries like, woodwork, pottery, nepali paper, etc. These items still have not lost their charms. Currently these industries play a crucial role in terms of original traditional business. Besides these, many international conceptional businesses have come forth. For instance, Surya Nepal, Ncell, etc.
Economic Liberalisation:
After the formal dethroning of our former King, we all know that Nepal is now a Democratic country. During the Monarchial era, most of the large scale industries were held by the government itself. Whether it be transportation or communication, all of the system’s possession were under the Nepal government. The public transportation was under the government. The basic communicating services were also under the government. Since telephone services came only after the year 1970 B.S, before that letter services were the only means of communicating. Thinking of it now, actually letter writing was a very obligatory process of communicating; it actually made people feel that someone really remembered then. Besides that,