Tuesday, December 6, 2011

CavinKare's international business in Nepal

CavinKare’s operations in Nepal have been in existence since 1999. Chik Shampoo and Indica Hair Colour have made a significant impact in their respective categories. Chik Shampoo was rated 34th amongst the Nepal’s Top Brands in a research conducted by A C Nielsen in 2006. Fairever and Nyle Shampoo also have shown consistent growth over years. Launch of Indica 10 Minutes, a break through innovation in the powder Hair Colour Category, has been a promising initiative to further bolster the growth of business in Nepal. CavinKare has placed an Area Manager in Nepal to give the desired focus.

Business location for neighbor countries.

Land of Mount Everest, birth place of Buddha--Nepal has long been a prime tourist destination, rather than a business hub. Trade with neighbors, India and China, and other partners (namely USA and European Union) is import based with large deficits.
With India and China positioning themselves as technology and manufacturing hubs for the world, Nepal has realized that relying solely on tourism and agriculture to support the economy is not a good strategy. The nation has developed long and short-term plans to develop its manufacturing, IT and education sector so that it can benefit from the emerging knowledge-based economy.

Bad impression of Nepal for world bank

Nepal is developing country, it needs foreign help to accomplish any large scale project. though there was the support of world bank nepal can't succeed the one hydro power project named: Arun 3. It was happened due to bad polution of  politics on staffing and using the project money. As a result, world bank withdrawn $175 million promised to nepal. and it is the first bad impression of nepal for world bank.

Saturday, December 3, 2011

Who will manage the business sector of Nepal?

In Nepal, All the business sectors are managed by Nepal Chamber of Commerce (NCC), established in the year 1952 (2009 BS) is the first Chamber of Commerce in Nepal. At present, it has more than 1,600 ordinary members and more than 8,000 registered firms.
Located in Kathmandu, the capital city of Nepal, the NCC has been playing remarkable role in the business promotion and formulation of commercial, industrial and fiscal policies of Nepal Government.
The prime objective of NCC is to assist in the development of national economy through the promotion and protection of commerce and industries, both at the private and public sector. The leading tasks of NCC are:
  1. to foster good relationship and unity among the trading community and industrialists
  2. to develop links with commercial, industrial institutions around the world and to co-operate with each other for the betterment of national economy
  3. to organize Trade and Industrial Fairs, to co-operate and facilitate the Nepalese participants in such fairs.
  4. to issue Certificate of Origin for the Nepalese products.
  5. to establish or encourage in establishing the academic institutions related to commerce and industry, finance in the technical management and hold workshops, seminars, trainings and research programs.

Business of vehicles

In Nepal business of vehicles also take place in huge amount. but there is no any Nepli product . All the vehicles imported from other countries and hence people of Nepal are paying more money . In Nepal business of any vehicle is so good that if tried then Nepal itself can product one of them as there are resources, manpower etc. but no. , why ? due to finance problem.
In Nepal all kinds of vehicles are imported from all over the world, in this view we can say that nepal is the world business center.

International business in Nepal

Nepal is a developing country. As we know Nepal got a lots of resources to produce some product and make an international business. But due to lack of finance it can do nothing but tried for many times.  This is the main reason that Nepal is exporting the main resource to other countries.
In the other hand, if Nepal tried to do this, then it must need a cooperation of another well developed country to produce with good quality. But due to the poor political issues in Nepal that will also not possible to finish the project. as a result it will be handover to other countries.