Krishana Prasain

Kathmandu

Business Reporter at The Kathmandu Post

Business Reporter @kathmandupost Previously @NewBusinessAge

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Articles

HT Syndication: Nepal overhauling outdated intellectual property law

3 days ago | htsyndication.com | Krishana Prasain

Kathmandu, May 13 -- In Nepal, nearly every popular product seems to have two versions-one genuine and another an imitation. Counterfeit goods mimicking global brands, from beverages to apparel, have flooded the market. Opportunistic businesses have been capitalising on the brand equity of internationally recognised names. Coca-Cola appears alongside knock-offs like Club-Cola. Mountain Dew faces competition from a suspiciously named 'Maintain Dew'. KFC has its twin in KKFC.
Nepal overhauling outdated intellectual property law

3 days ago | kathmandupost.com | Krishana Prasain

In Nepal, nearly every popular product seems to have two versions—one genuine and another an imitation. Counterfeit goods mimicking global brands, from beverages to apparel, have flooded the market. Opportunistic businesses have been capitalising on the brand equity of internationally recognised names. Coca-Cola appears alongside knock-offs like Club-Cola. Mountain Dew faces competition from a suspiciously named ‘Maintain Dew’. KFC has its twin in KKFC.
HT Syndication: Nepal renews push to revive long-defunct factories amid fiscal concerns

1 week ago | htsyndication.com | Krishana Prasain

Kathmandu, May 8 -- Prime Minister KP Sharma Oli called on the private sector in February to submit concrete proposals for reviving sick industries under a public-private partnership model. Acting on that call, the government has approved an investment management plan to rejuvenate seven long-defunct state-owned enterprises.
Nepal renews push to revive long-defunct factories amid fiscal concerns

1 week ago | kathmandupost.com | Krishana Prasain

Prime Minister KP Sharma Oli called on the private sector in February to submit concrete proposals for reviving sick industries under a public-private partnership model. Acting on that call, the government has approved an investment management plan to rejuvenate seven long-defunct state-owned enterprises. A recent Cabinet meeting greenlit the government's plan, which includes developing investment strategies, tax policies, and asset management approaches for the selected industries.
HT Syndication: Banned pesticide found in broccoli, long yard beans, and bitter gourd

1 week ago | htsyndication.com | Krishana Prasain

Kathmandu, May 6 -- After long yard beans, Nepal's health watchdog has now detected dangerous levels of harmful chemicals in broccoli sold across the Kathmandu Valley. The finding has sparked serious concerns over food safety. On Saturday, lab tests revealed that broccoli samples contained 93.91 percent concentration of organophosphate pesticide, well above the safe limit. This follows the discovery of 95.27 percent pesticide residue in long yard beans from Sarlahi, tested last Friday.
Banned pesticide found in broccoli, long yard beans, and bitter gourd

1 week ago | kathmandupost.com | Krishana Prasain

After long yard beans, Nepal’s health watchdog has now detected dangerous levels of harmful chemicals in broccoli sold across the Kathmandu Valley. The finding has sparked serious concerns over food safety. On Saturday, lab tests revealed that broccoli samples contained 93.91 percent concentration of organophosphate pesticide, well above the safe limit. This follows the discovery of 95.27 percent pesticide residue in long yard beans from Sarlahi, tested last Friday.
HT Syndication: Regular jobs decline sharply in Nepal as labour law compliance worsens

2 weeks ago | htsyndication.com | Krishana Prasain

Kathmandu, May 2 -- The number of regular workers in Nepal employed under contracts without an end date fell sharply in 2024, declining by 10.67 percent compared to 2023. This drop signals growing challenges in enforcing labour laws and regulations, according to a report released on Thursday to mark May Day. An increasing number of businesses are opting to hire contract labourers or interns, the report noted, with a significant rise in outsourcing practices among Nepali companies.
Regular jobs decline sharply in Nepal as labour law compliance worsens

2 weeks ago | kathmandupost.com | Krishana Prasain

The number of regular workers in Nepal employed under contracts without an end date fell sharply in 2024, declining by 10.67 percent compared to 2023. This drop signals growing challenges in enforcing labour laws and regulations, according to a report released on Thursday to mark May Day. An increasing number of businesses are opting to hire contract labourers or interns, the report noted, with a significant rise in outsourcing practices among Nepali companies.
HT Syndication: Nepal's EV imports surge despite cut in bank financing

2 weeks ago | htsyndication.com | Krishana Prasain

Kathmandu, April 30 -- Despite the government's decision to reduce bank financing for electric vehicles (EVs) from 90 percent to 60 percent, Nepal experienced a 25.5 percent increase in EV imports during the first nine months of the current fiscal year, until mid-April. Automobile dealers noted that while the impact of reduced financing is starting to show in sales, it has not yet resulted in a drastic decline.
Nepal’s EV imports surge despite cut in bank financing

2 weeks ago | kathmandupost.com | Krishana Prasain

Despite the government’s decision to reduce bank financing for electric vehicles (EVs) from 90 percent to 60 percent, Nepal experienced a 25.5 percent increase in EV imports during the first nine months of the current fiscal year, until mid-April. Automobile dealers noted that while the impact of reduced financing is starting to show in sales, it has not yet resulted in a drastic decline.