Contents Messages Chairman of NCCHK 3 Prime Minister of Nepal 5 Chairman of HKGCC 7 Chairman of FNCCI 9 President of NRNA 11 Consul General of Nepal 13 Chairman of NCCCI 15 Executive Commitee for 2012-13 16 Active Members 18 Hong Kong 24 Constitution and Administration 24 Society and Culture 27 Transport 33 Recreations 37 Fun 38 Food and Beverage 41 Shopping 42 Education 43 Health care 44 Public Housing 45 Nepal 49 Topography 49 Climate 49 Natural Resources 50 Political System 51 Social and Cultural Settings 51 International Relations 52 Gross Domestic Product 53 Industry 55 Agriculture 56 Trade 57 Major Exports Products of Nepal 57 Others Products, Exporters and Importers 62 Gold and Silver Jewellery 62 Medicinal Herbs and Essential Oils 63 Trade Partners 65 Foreign Investment 65 Tourism 66 Main Tourist Destinations 67 Hydropower and Minerals 72 Infrastructure 73 Industrial Centres 73 Corporate Income Tax 79 Foreign Investment Policy 80 Incentives and Facilities 82 Potential Projects 89 Important Steps While Starting an Industry 93 Useful Information 94
Contents
Banks 95 National and Public Holidays 95 Trade Relations Between Nepal and China 99 Nepal-China Business 99 China’s assistance to Nepal 99 The trade over the Himalaya 100 Tourism 101 Investment 101 Embassy of Nepal, Beijing 102 Nepalese in Hong Kong 105 Background and social history 105 Occupations 105 Business 105 Community and Housing 106 Education 106 Languages 107 Media 107 Consulate General of Nepal 107 Nepal Airlines 107 Starting New Business in Hong Kong 111 Sole proprietorship 111 Partnership or Joint Venture 111 Limited Liability Company 111 Useful Telephone and Websites 113 In China 121 Visa, Residence Permits and Income Tax 121 Visa Categories in China 121 Permanent Residence Permits 122 Individual Income Tax in China 122 NCCHK Activities Photo Album 126 Nepalese Business Directory 146 Join Chamber 203
NEPALESE IN HONG KONG Business Directory, First Edition 2013 © Copyright February 2013 by the NEPAL CHAMBER OF COMMERCE HONG KONG Published by: NEPAL CHAMBER OF COMMERCE HONG KONG 5/F., Flat D, Majestic House, 80 Nathan Road, Tsim Sha Tsui Kowloon, Hong Kong. Tel: 2721 2082 Fax: 2721 2084 e-mail: info@nepalchamber.hk website: www.nepalchamber.hk
Messages
Chairman of NCCHK
First of all, I would like to welcome you all to the business directory of Nepal Chamber of Commerce Hong Kong. It is our 1st edition of business directory. We aim to make it our annual publication from now on. In this publication we have covered business opportunities in Nepal and Nepalese business activities in Hong Kong. We have been able to list out over two-hundred successful business entities of Nepalese community in Hong Kong in this publication. I hope it serves as a guidebook in Nepal and Hong Kong to our business community. It is indeed an honour and privilege to serve as a Chairman of the Board for 2012-13, and I am looking forward to an exciting and productive year. We have organized various programs and activities which are of value to Chamber members and to the community as a whole. Our community has been fully committed to promote business activities in more organized and systematic way by utilizing advanced technologies. We have been able to persuade the community by developing regular sponsored mixers and other networking events within our Chamber and other Chambers, and expanding member-to-member benefits. We equally aim to maintain and develop events to provide a positive community image for business and promote a businessfriendly environment in Hong Kong with active participation of our members and community. Our ultimate aim is to initiate and encourage co-operation that addresses the needs of business community in this modern society by attending seminars, events with government officials and other institutions. We will continue in determining priority of business needs and involve in such programs keeping in mind that we are a business oriented organization. I am confident that we have had a successful year, but we still have many challenges to overcome with. Implementing decisions deemed vital from the board and we have therefore preferred a midterm evaluation of what has been accomplished so far. Nepal Chamber of Commerce Hong Kong is a great platform for you to learn on how to start a new business and build up very good network in Hong Kong and Mainland China. Nepal Chamber of Commerce Hong Kong would like to welcome all who are doing business or interested to do so in Hong Kong. I would like to see you all in our coming events and happy hour gatherings in order to exchange member-to-member ideas and benefits. I would like to take this opportunity to give special thanks to Mr. Bhim Prasad Kafle for his outstanding contribution as head coordinator of this publication, executive committee members, advisors, all the advertisers and Mr. Kul Prasad Gurung for allowing us to use his photo collection. I wish you all the best and a prosperous Nepalese New Year 2070.
Jagannath Gyawali Chairman
NEPAL CHAMBER OF COMMERCE, HONG KONG 5/F., Flat D, Majestic House, 80 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong website: www.nepalchamber.hk e-mail: info@nepalchamber.hk Tel: 2721 2082 Fax: 2721 2084
Messages
Prime Minister of Nepal
Messages
Chairman of HKGCC
Hong Kong General Chamber of Commerce 22/F United Centre, 95 Queensway, Hong Kong Tel (852) 2529Ͳ9229 Fax (852) 2527Ͳ9843 EͲmail chamber@chamber.org.hk
The Hong Kong General Chamber of Commerce wishes to congratulate the Nepal Chamber of Commerce Hong Kong for publishing the first edition of its business directory. The business directory is an important and useful tool for Hong Kong companies to develop business connections with Nepalese companies, and we look forward to building stronger economic ties.
Mr C K Chow Chairman Hong Kong General Chamber of Commerce
Messages
Chairman of FNCCI
Messages
President of NRNA ȯ ȡ Ȣ ȡ ȡǓ ȯ ȡ Ȣ
FOR NEPALI BY NEPALI
Non-Resident Nepali Association (NRNA)
Ȱ ] ȡ Ȣ ȯ ȡ Ȣ Ȳ
Message from the NRNA President, Jiba Lamichhane. Diaspora and Development has become the synonyms. It is a global phenomenon. Nepalese Diaspora can’t be an exception of this phenomenon. With globalization and migration, the local economy is much affected by the Diaspora involvement and participation in the economic activities at the home country. Economic development is the igniter of other factors of development and I believe that the Business Directory 2013; being published by Nepal Chamber of Commerce, Hong Kong, will contribute in uniting the Nepali Diaspora for business opportunities and growth; ultimately contributing to our national economy. My best wishes to Nepal Chamber of Commerce Hong Kong for this initiative. With best wishes,
Jiba Lamichhane, President, International Coordination Council, Non Resident Nepali Association. Date: 17th February, 2013. NRNA Secretariat, FNCCI Building Pachali Shahid Shukra FNCCI Milan Marga Teku, P.O Box 269, Kathmandu Nepal Tel: (+977-1) 4215247 / 4262255, Fax: (+977-1) 4262255, Email: nrn@nrn.org.np, Website: www.nrnorg.np
11
Messages
Consul General of Nepal
13
Messages
Chairman of NCCCI
15
Executive Commitee for 2012-13 The Chamber organizes event and activities each year and many of them rely on dedication and contributions of the committee members. They attend business circle, elected officials and make their presences as first point of contact for information in Nepal. The committee keeps itself constantly updated on development in the asia-pacific reason which has become vital due to globalization of economy as well as to discuss relevant issues within the business community. The Chamber addresses the important issues of public policy, business success and economic development. These are special teams that really make a difference in our community. This year the Chamber’s actively involved committee comprises of:
Chairman Mr. Jagannath Gyawali
Vice Chairman Mr. Dasu Ram Parajuli
General Secretary Mr. Rajendra Kumar Thapa
Secretary Mr. Shashi Madan Rai
Tresurer Mr. Bhim Prasad Kafle 16
Commitee Members
Executive Member Mr. Kalu Ghale
Executive Member Mr. Dhan Thapa
Executive Member Mr. Kamal P. Poudyal
Executive Member Mr. Shyam B. Karki
Executive Member Mr. Ramji Ghimire
Executive Member Mrs. Manju Gurung
Advisor Mr. Bed Khadka
Advisor Mr. Buddhi B. Thapa
Advisor Advisor Mr. Y. B. Rai Mr. Kisan Rai The only requirement to be a Chamber committee member is a Chamber membership. If you are interested in contributing to any of our committee, please contact the Chamber and we’ll get you going. 17
Active Members List of active members whose contribution and effort to the Chamber are boundless: 1
GALAXY NETWORK LIMITED
2
DANICA LIMITED
3
DYNAMIC TRAVEL AND TOURS
4
ACUTE & COMPANY LIMITED
5
EVEREST MEDIA LIMITED
6
DYNAMICS HONG KONG LIMITED
7
GURKHAS EKTA INTERNATIONAL HK LIMITED
8
KANGAN LIMITED
9
KOWLOON CURRY HOUSE
10
NEPAL FOOD SERVICES LIMITED
11
HOLIDAY NEPAL TRAVELS AND TOURS LIMITED
12
ESTERN ENERGY LIMITED
13
NEW GENERAL STORE
14
NEW A.V. KATHMANDU STORE
15
SUNRISE TRAVEL HK LIMITED
16
GALKOT INTERNATIONAL HONG KONG
17
GRAND SHINE HK LIMITED
18
UNION SQUARE HOLDINGS LIMITED
19
PACIFIC OVERSEAS
20
HIMALAYA GUEST HOUSE
21
LISHAN INTERNATIONAL
22
SINGI TELE TRADE CO.
18
Active Members
23
SANSKRITI JEWELLERS LIMITED
24
HIMALI ENGINEERING CONSTRUCTION LIMITED
25
PACIFIC CROWN SECURITY SERVICE LIMITED
26
DHARMA ARTS
27
IMAGE HAIR SALON
28
YOURS SHOP
29
MANDALA ARTS CO.
30
SUN SHINE BEAUTY PARLOR
31
SAYAPATREE
32
IMAGE HAIR SALOON
33
UNIVERSAL CYBER
34
SANDESH STORE
35
HIMALAYAN TOURS & TRAVELS
36
PASHUPATI STORE (Jordan)
37
PASHUPATI STORE (YUEN LONG)
38
CLAY POT INDIAN RESTAURANT
39
BRANDED SPIRITS LIMITED
40
ALPHA TRAVEL (HK) LIMITED
41 KONE ENGINEERING AND CONSTRUCTION COMPANY LIMITED 42
PARAMOUNT ENGINEERING & MANPOWER SERVICE LIMITED
43
GL SUCCESS (HK) LIMITED
44
SHIVA AND BROTHERS
45
FAST INTERNATIONAL
19
Active Members
46
BRAVO FULL HOPE LIMITED
47
DUBO CORPORATION LIMITED
48
DHAKAL SANJAY & CO
49
CITI-WEALTH INTERNATIONAL INVETMENT LIMITED
50
BRITISH GORKHA IMPORT & EXPORT LIMITED
51
SAPKOTA ENTERPRISES
52
MANGMALI INTERNATIONAL
53
BHDDHI AND SISTER COMPANY
54
CREATIVE HOUSE LIMITED
20
LIVING IN HONG KONG
Hong Kong Constitution and Administration
public of China (PRC), ending over one and a half centuries of British rule. Hong Kong became a Special Administrative Region (SAR) of the PRC with a high degree of autonomy in all matters except foreign affairs and defence. According to the Sino-British Joint Declaration (1984) and the Basic Law, Hong Kong will retain its political, economic, and judicial systems and unique way of life and continue to participate in international agreements and organisations as a dependent territory for at least 50 years after retrocession. Owing to its long history as a colony of the British Empire, Hong Kong is a city-state, which continues to enjoy a high degree of autonomy even after transferred its sovereignty to China on 1 July 1997. In accordance with the Sino-British Joint Declaration, and the underlying principle of one country, two systems, Hong Kong has a “high degree of autonomy as a special administrative region in all areas except defence and foreign affairs. The declaration stipulates that the region maintain its capitalist economic system and guarantees the rights and freedoms of its people for at least 50 years beyond the 1997 handover. The primary pillars of government are the Executive Council, the civil service, the Legislative Council, and the Judiciary. The Executive Council is headed by the Chief Executive who is elected by the Election Committee and then appointed by the Central People’s Government. The civil service is a politically neutral body that implements policies and provides government services, where public servants are appointed based on meritocracy. The Legislative Council has 70 members, half of whom are directly elected by
Hong Kong Special Administrative Region of the People’s Republic of China is one of two special administrative regions of China, the other being Macau. The territory lies on the eastern side of the Pearl River Delta, bordering Guangdong province in the north and facing the South China Sea in the east, west and south. Hong Kong was just a trading port in the 19th century, however, it has now been developed as one of the world’s leading financial centers. Hong Kong was a Crown colony of the United Kingdom from 1842 to 1981 and British dependent territory from 1981 until the transfer of its sovereignty to the People’s Republic of China in 1997. The Sino-British Joint Declaration and the Basic Law of Hong Kong stipulate that Hong Kong operate with a high degree of autonomy until at least 2047, fifty years after the transfer. Under the “one country, two systems” policy, the Central People’s Government is responsible for the territory’s defense and foreign affairs, while the Government of Hong Kong is responsible for its own legal system, police force, monetary system, customs policy, immigration policy, and delegates to international organizations and events.
Politics Politics of Hong Kong is in a framework of a political system dominated by its constitutional document, the Basic Law of Hong Kong, its own legislature, the Chief Executive as the head of government, and of a multi-party system. Executive power is exercised by the government. On 1 July 1997, sovereignty of Hong Kong was transferred to the People’s Re24
HONG KONG
universal suffrage by permanent residents
independent from the legal system of Main-
of Hong Kong according to five geographical constituencies. The other half, known as functional constituencies, are directly elected by a smaller electorate, which consists of corporate bodies and persons from various stipulated functional sectors. The entire council is headed by the President of the Legislative Council who serves as the speaker. Judges are appointed by the Chief Executive on the recommendation of an independent commission.
land China. In contrast to Mainland China’s civil law system, Hong Kong continues to follow the English Common Law tradition established under British rule. Hong Kong’s courts may refer to decisions rendered by courts of other common law jurisdictions as precedents, and judges from other common law jurisdictions are allowed to sit as nonpermanent judges of the Court of Final Appeal. Structurally, the court system consists of the Court of Final Appeal, the High Court, which is made up of the Court of Appeal and the Court of First Instance, and the District Court, which includes the Family Court. Other adjudicative bodies include the Lands Tribunal, the Magistrates’ Courts, the Juvenile Court, the Coroner’s Court, the Labor Tribunal, the Small Claims Tribunal, and the Obscene Articles Tribunal. Hong Kong’s Chief Executive appoints Justices of the Court of Final Appeal. The Department of Justice is responsible for handling legal matters for the government. Its responsibilities include providing legal advice, criminal prosecution, civil representation, legal and policy drafting and reform, and international legal cooperation between different jurisdictions. Apart from prosecuting criminal cases, lawyers of the Department of Justice act on behalf of the government in all civil and administrative lawsuits against the government. As protector of the public interest, the department may apply for judicial reviews and may intervene in any cases involving the greater public interest. The Basic Law protects the Department of Justice from any interference by the government when exercising its control over criminal prosecution.
Executive Branch The Chief Executive is the head of the special administrative region, and is also the highest-ranking official in the Government of Hong Kong Special Administrative Region, and is the head of the executive branch. The Chief Executive is elected by a 1200-member Election Committee drawn mostly from the voters in the functional constituencies but also from religious organisations and municipal and central government bodies. The Executive Council is entirely appointed by the Chief Executive.
Legislative Council In accordance with Article 26 of the Basic Law of the Hong Kong Special Administrative Region, permanent residents of Hong Kong are eligible to vote in direct elections for the 30 seats representing geographical constituencies in the 60-seat, unicameral Legislative Council (LegCo). The franchise for the other 30 seats is limited to about 180,000 voters in functional constituencies (composed of business and professional sectors).
Judiciary and Legal System Hong Kong’s legal system is completely 25
HONG KONG
Promotion of Racial Harmony
Chinese, they naturally lean towards eastern culture, but with a heavy western influence as well. On various social aspects, the bottom-line Chinese values of “family solidarity”, “courtesy” and “saving face” carry significant weight in the culture. Heavy influence is derived from Cantonese culture from the neighbouring Chinese province of Guangdong. There are also substantial communities of Hakka, Fukien, Teochew and Shanghainese people. Structurally, one of the first laws to define people’s relationships was the Hong Kong Matrimonial Ordinance passed in 1972. The law set the precedence to ban concubinage and same sex marriages with a strict declaration for heterosexual relationships with one partner only. Other economic changes include families in need of assistance due to both working parents. In particular, foreign domestic helpers have become an integral part of the household since late 1980s.
The Committee on the Promotion of Racial Harmony was established in 2002. It advises the Government on the promotion of racial harmony and equality, including provision of support service to ethnic minorities, and on proposals for race related public education and publicity. The Race Relations Unit provides secretariat support.
Society and Culture
Hong Kong is frequently described as a place where “East meets West”, reflecting the culture’s mix of the territory’s Chinese roots with influences from its time as a British colony. Hong Kong balances a modernized way of life with traditional Chinese practices. The fusion of east and west also characterizes Hong Kong’s cuisine, where dim sum, hot pot, and fast food restaurants coexist with haute cuisine. Given that the demographic majority of people in Hong Kong people are ethnically 27
HONG KONG
Population
Hong Kong has a long-established
Hong Kong is one of the most densely populated areas in the world with an overall density of some 6,300 people per square kilometer. Hong Kong has one of the world’s lowest birth rates—0.9 per woman of childbearing age, far below the replacement rate of 2.1. With just 1,032 babies born in 2009 to every 1000 fertile women, it is estimated that 26.8% of the population will be aged 65 or more in 2033, up from 12.1% in 2005. By Ethnicity, Chinese make up 94% of the population with the other groups floating at around 6%. The national census does not break down people of European descent into separate categories, nor are Chinese ethnic subgroups separated in the statistics. However, the majority of Hong Kongers of Chinese descent trace their ancestry to various parts of Southern China: the Guangzhou area, followed by Sze Yap, Chaoshan, Fujian and Shanghai. Some Hong Kongers also originate from Hakka-speaking villages in the New Territories. Most Hong Kong people now days are the descendants of immigrants from Mainland China and around the world after the end of World War II. Despite Filipino and Indonesian foreign domestic helpers being the ethnic minorities, there are over 273,609 foreign domestic helpers in Hong Kong, accounting for 4% of the entire population.
South Asian population. As of the 2006 bycensus, there were at least 44,744 persons of South Asian descent in Hong Kong. Many trace their roots in Hong Kong as far back as when most of the Indian subcontinent was still under British colonial rule, and as a legacy of the British Empire, their nationality issues remain largely unsettled. However, recently an increasing number of them have acquired Chinese nationality. The South Asians of Hong Kong include various subgroups owing to their diverse geographic, linguistic, and religious origins. In colloquial usage in Hong Kong, they are often referred to as “Indians”, regardless of their geographic origins. This is because most South Asian communities in Hong Kong date back to before the partition of British India. Nepali people in Hong Kong are mainly the children of ex-Gurkhas born in Hong Kong during their parents’ service with the British Army’s Brigade of Gurkhas, which was based in Hong Kong from the 1970s until the handover. Large groups can be found in Tsuen Wan, Yuen Long District, Jordan, Yau Ma Tei and Wanchai. Many ex-Gurkhas remained in Hong Kong after the end of their service under the sponsorship of their Hong Kong-born children, who held right of abode.
Population of Hong Kong according to ethnic group 2001-2011 Ethnic group
Chinese Indonesian
Census 2001
Census 2006
Census 2011
Number
%
Number
%
Number
%
6,364,439
94.9
6,522,148
95.0
6,620,393
93.6
50,494
0.8
87,840
1.3
133,377
1.9
28
HONG KONG
Filipino
142,556
2.1
112,453
1.6
133,018
1.9
White
46,585
0.7
36,384
0.5
55,236
0.8
Indian
18,543
0.3
20,444
0.3
28,616
0.4
Pakistani
11,017
0.2
11,111
0.2
18,042
0.3
Nepalese
12,564
0.2
15,950
0.2
16,518
0.2
Japanese
14,180
0.2
13,189
0.2
12,580
0.2
Thai
14,342
0.2
11,900
0.2
11,213
0.2
Other Asian
12,835
0.2
12,663
0.2
12,247
0.2
Others
20,835
0.3
20,264
0.3
30,336
0.4
Total
6,708,389
6,864,346
Entertainment Hub
7,071,576
activities are organised by the government, consulates, and privately. Hong Kong has two licensed terrestrial broadcasters – ATV and TVB. There are three local and a number of foreign suppliers of cable and satellite services. The production of Hong Kong’s soap dramas, comedy series, and variety shows reach audiences throughout the Chinese-speaking world. Magazine and newspaper publishers in Hong Kong distribute and print in both Chinese and English, with a focus on sensationalism and celebrity gossip. The media in Hong Kong is relatively free.
Hong Kong is a recognised global centre of trade, and calls itself an “entertainment hub”. Its martial arts film genre gained a high level of popularity in the late 1960s and 1970s. Several Hollywood performers, notable actors and martial artists have originated from Hong Kong cinema, notably Bruce Lee, Jackie Chan, Chow Yun-fat, Michelle Yeoh, Maggie Cheung and Jet Li. A number of Hong Kong film-makers have achieved widespread fame in Hollywood, such as John Woo, Wong Kar-wai, and Stephen Chow. Home grown films such as Chungking Express, Infernal Affairs, Shaolin Soccer, Rumble in the Bronx, In the Mood for Love and Echoes of the Rainbow have gained international recognition. Hong Kong is the centre for Cantopop music, which draws its influence from other forms of Chinese music and Western genres, and has a multinational fanbase. The government’s Leisure and Cultural Services Department subsidises and sponsors international performers brought to Hong Kong. Many international cultural
Language Cantonese is the most widely spoken language in Hong Kong. Since the 1997 handover, the government has adopted the “biliterate and trilingual” policy. Under the principle, Chinese and English must both be acknowledged as official languages, with Cantonese being acknowledged as the de facto official Chinese language in Hong Kong, while also accepting the use of Mandarin. 29
HONG KONG
Religion and beliefs
Buddha’s Birthday (28 April) is a rela-
A large variety of religious groups are present in Hong Kong, including Buddhism, Taoism, Confucianism, Christianity, Islam, Hinduism, Sikhism and Judaism. Freedom of religion is protected by the Basic Law and relevant legislation. A significant number of Hong Kongers are Christians or Catholics. Other religions, such as Buddha, Hindu and Islam, are also practiced by the ethnic minorities in Hong Kong. However, the majority of people in Hong Kong (57%) are atheist. For the elderly population, Chinese Folk Religion plays an integral part of the culture. Unlucky sayings are considered offensive, and many people travel yearly to the cemetery on Ching Ming festival to honour the memory of their ancestors. Chinese New Year is also the most important celebration in Hong Kong culture. Lunar New Year Fireworks Display in Hong Kong is an annual event to celebrate the Chinese New Year in Hong Kong since 1982.
tively recent addition to the public holiday calendar in Hong Kong. A significant number of Hong Kongers and ethnic minorities celebrate Buddha’s birth day.
Holidays There are some distinctive holidays that are celebrated in Hong Kong as a part of eastern culture, and not generally in western countries, except among certain overseas Chinese communities. The most well known is Chinese New Year, which occurs approximately a month after Gregorian New Year, variably in late January or early February. Other events include the Dragon Boat Festival, where zongzi is made by millions at home as part of the tradition. Dragon boats also compete for regional awards. Mid-Autumn Festival is another highly celebrated event, involving the massive purchase of mooncakes from Chinese bakery shops.
List of General holidays for 2013 The first day of January
1 January
Tuesday
The second day of Lunar New Year
11 February
Monday
The third day of Lunar New Year
12 February
Tuesday
The fourth day of Lunar New Year
13 February
Wednesday
Good Friday
29 March
Friday
The day following Good Friday
30 March
Saturday
Easter Monday
1 April
Monday
Ching Ming Festival
4 April
Thursday
Labour Day
1 May
Wednesday
The Birthday of the Buddha
17 May
Friday
30
HONG KONG
Tuen Ng Festival
12 June
Wednesday
Hong Kong Special Administrative Region Establishment Day
1 July
Monday
The day following the Chinese Mid-Autumn Festival
20 September
Friday
National Day
1 October
Tuesday
The day following Chung Yeung Festival
14 October
Monday
Christmas Day
25 December
Wednesday
The first weekday after Christmas Day
26 December
Thursday
Notes: As Lunar New Year’s Day in 2013 falls on a Sunday, the fourth day of Lunar New Year will be designated as a holiday in substitution. Under the new arrangement, employees working on a Monday-to-Friday basis will benefit because their statutorily provided holiday in substitution will not overlap with their Saturday day off. For other employees working on a five-and-a-half-day week basis with half day off on Saturday, they can also benefit from the new substitution arrangement. As a result, many employees will be able to enjoy a longer Lunar New Year holiday in 2013.
Separately, as Chung Yeung Festival in 2013 falls on a Sunday, the following day will be designated as an additional general holiday. Updates and notes to the Hong Kong holiday schedule are available at www.gov. hk/en/about/abouthk/holiday.
Mass media Hong Kong has two main broadcast television stations, ATV and TVB. The latter, launched in 1967, was the territory’s first free-to-air commercial station, and is currently the predominant TV station in the territory. Paid cable and satellite television
31
HONG KONG
Transport
Hong Kong’s transportation network is highly developed. Over 90% of daily travels (11 million) are on public transport, the highest such percentage in the world. Payment can be made using the Octopus card, a stored value system introduced by the Mass Transit Railway (MTR), which is widely accepted on railways, buses and ferries, and accepted like cash at other outlets. Hong Kong’s bus service is franchised and run by private operators. Five privately owned companies provide franchised bus service across the territory, together operating more than 700 routes. Double-decker buses were introduced to Hong Kong in 1949, and are now almost exclusively used; single-decker buses remain in use for routes with lower demand or roads with lower load capacity. Public light buses serve most parts of Hong Kong, particularly areas where standard bus lines cannot reach or do not reach as frequently, quickly, or directly. The Star Ferry service, founded in 1888, operates four lines across Victoria Harbour and provides scenic views of Hong Kong’s skyline for its 53,000 daily passengers. It acquired iconic status and considered the main Tsim Sha Tsui to Central crossing one of the most picturesque in the world. Other ferry services are provided by operators serving outlying islands, new towns, Macau, and cities in mainland China. Hong Kong is famous for its junks traversing the harbour, and small kai-to ferries that serve remote coastal settlements. The Port of Hong Kong is a busy deepwater port, specialising in container shipping. The Peak Tram, the first public transport system in Hong Kong, has provided vertical rail transport between Central and Victoria
have also been widespread. The production of Hong Kong’s soap drama, comedy series and variety showshave reached mass audiences throughout the Chinese-speaking world. Many international and pan-Asian broadcasters are based in Hong Kong, including News Corporation’s STAR TV. Hong Kong’s terrestrial commercial TV networks, TVB and ATV, can also be seen in neighboring Guangdong Province and Macau (via cable). Magazine and newspaper publishers distribute and print in numerous languages like Chinese and English. The printed media, especially tabloids but also broadsheet newspapers, lean heavily on sensationalism and celebrity gossips. While the practice is criticised, it continues to sell papers. The media is relatively free from government interference compared to that of mainland China, and newspapers are often politicised; some show skepticism toward the Chinese government in Beijing. 33
HONG KONG
Peak since 1888. This hilly terrain was ini-
ern district, there is an extensive system of
tially served by sedan chairs. Hong Kong International Airport is a leading air passenger gateway and logistics hub in Asia and one of the world’s busiest airports in terms of international passenger and cargo movement, serving more than 47 million passengers and handling 3.74 million tonnes (4.12 million tons) of cargo in 2007. It replaced the overcrowded Kai Tak Airport in Kowloon in 1998, and has been rated as the world’s best airport in a number of surveys. Including Nepal Airlines, over 85 airlines operate at the two-terminal airport and it is the primary hub of Cathay Pacific, Dragonair, Air Hong Kong, Hong Kong Airlines, and Hong Kong Express.
zero-fare escalators and moving pavements. The Mid-levels Escalator is the longest outdoor covered escalator system in the world, operating downhill until 10 am for commuters going to work, and then operating uphill until midnight.
Railway and Tramways Hong Kong has an extensive train network. Public transport trains are operated by the MTR Corporation Limited. The MTR operates the metro network within inner urban Hong Kong, Kowloon Peninsula and northern part of Hong Kong Island with newly developed areas, Tsuen Wan, Tseung Kwan O, Tung Chung, Hong Kong Disneyland, the Hong Kong International Airport, the northeastern and northwestern parts of the New Territories. There are all together ten lines in the MTR system, with a total of 83 railway stations and 68 light rail stops. All trains and most MTR stations are air conditioned.
Escalators and moving pavements Hong Kong Island is dominated by steep, hilly terrain, which required the development of unusual methods of transport up and down the slopes. In Central and West-
35
HONG KONG
The Peak Tram connects Central, Hong
ed; Citybus Limited; Long Win Bus Company
Kong’s central business district, with the Victoria Peak. The Peak Tram carries both tourists and residents to the upper levels of Hong Kong Island. It provides the most direct route to Victoria Peak and offers scenic views over Victoria Harbour and the skyscrapers of Hong Kong. It was inaugurated in 1888. The Hong Kong Tramways operates a tram service exclusively on northern Hong Kong Island. They run on a double track along the northern coast of Hong Kong Island from Kennedy Town to Shau Kei Wan, with a single clockwise-running track of about 3 kilometres (1.9 mi) around Happy Valley Racecourse.
Limited; New World First Bus Services Limited; and New Lantao Bus Company (1973) Limited. Founded in 1933, the Kowloon Motor Bus Company (1933) Limited (KMB) is one of the largest privately-owned public bus operators in the world. KMB’s fleet consist of about 4,300 buses on 420 routes and a staff of over 13,000 people. Public light buses (widely referred to as minibuses) run the length and breadth of Hong Kong.
Taxis Taxis carry an average of one million passengers each day, occupying about 12% of the daily patronage carried by all modes of public transport in Hong Kong. Most of the taxis in Hong Kong run on LPG (liquified petroleum gas) to reduce emissions. Taxi fares are charged according to the taximeter; however, additional charges on the fare table may apply, such as road tolls and luggage fees. Urban taxis are the most expensive, while Lantau taxis are the cheapest.
Boundary-crossing trains Inter-city train services crossing the Hong Kong-China boundary are known as Intercity Through Trains. They are jointly operated by Hong Kong’s MTR Corporation and the Ministry of Railways of the People’s Republic of China. Currently, Hung Hom Station(formerly known as Kowloon Station in Hong Kong, and Jiulong Station in China) is the only station in Hong Kong where passenger can catch these trains. Passengers have to go through immigration and custom inspections before boarding. There are currently three through train routes: • Between Hong Kong and Beijing • Between Hong Kong and Shanghai • Between Hong Kong and Guangzhou
Ferries A Star Ferry carries passengers across Victoria Harbour. This particular one is painted with an advertisement that promotes Hong Kong as Asia’s World City. Most ferry services are provided by licensed ferry operators. Two of the routes operated by the Star Ferry are franchised. Additionally, 78 “kai-to” ferries are licensed to serve remote coastal settlements.
Buses Bus services have a long history in Hong Kong. In 2009, five companies operate franchised public bus services. The five franchised bus companies are: Kowloon Motor Bus Company (1933) Limit36
HONG KONG
Recreations
arcades. Nowadays, soaring popularity of
People in Hong Kong work hard during the weekdays, but during weekends and holidays they look forward to participating in recreation and leisure. Mahjong is a popular social activity, and family and friends may play for hours at festivals and on public holidays in homes and mahjong parlours. The image of elderly men playing Chinese chess in public parks, surrounded by watching crowds, is also a common practice. Other board games such as Chinese checkers are also enjoyed by people of all ages. Among teenagers, shopping, eating out, karaoke and video games are common, with Japan being a major source of digital entertainment for cultural and proximity reasons; there are also popular local inventions such as Little Fighter Online. In the past, Hong Kong had some of the most up-to-date arcades games available outside of Japan. Negative associations were drawn between triads and video game
home video game consoles have somewhat diminished arcade culture. Outdoor activities such as hiking, barbecues and watersports are also popular due to the local geography. Sports in Hong Kong, as in other countries, are an important part of the culture. Hong Kong, however, has a limited amount of resources. A balanced mix of Eastern and Western sports do exist in the territory. With limited land resource available, Hong Kong continues to offer recreational and competitive sports. Locally sports in Hong Kong are described as “Club Life�. Internationally, Hong Kong has participated in Olympic Games, and numerous Asian Games.
Main Sports A variety of sports are available in Hong Kong, provided most notably by YWCA and YMCA. There are also several other local organisations that strive to help Hong Kong
37
HONG KONG
residents identify sports that are not broadly
accepted as a form of entertainment or exer-
advertised enough. The Hong Kong Government is also known for its proactive approach towards sporting events prior to the Beijing Olympics. There are many different sports in Hong Kong participated by average citizens, such as: Cycling, Table tennis, Badminton, Tennis, Cricket, Bowling, Swimming, Fencing, Football, Basketball, Shooting, Rugby, Rock climbing, Running, Volleyball, Ice climbing, Karate, Boxing, Ice skating, Judo, Hockey, Squash, Taekwondo etc. Dragon boat racing: The traditional Chinese sport of dragon boat racing was originally held as part of the Duan Wu festivities in Hong Kong. It is now spread internationally with races held all around the world. The oldest International Festival Races are those held in Hong Kong annually. The HKIR have been held since 1976 and are acknowledged as starting the modern era of the dragon boat sport. Rugby union: Rugby is long established, partly as a result of its being a British colony. In contrast to the People’s Republic of China, it has had a continuous existence dating back over a hundred years, and is most notable for its seven tournaments. Horse racing: The British tradition of horse racing left its mark as one of the most important entertainment and gambling institutions in Hong Kong. Established as the Royal Hong Kong Jockey Club in 1884, the non-profit organisation conducts nearly 700 races every season at the two race tracks in Happy Valley and Sha Tin. The sport annually draws in over 11% of Hong Kong’s tax revenue. Off-track betting is available from overseas bookmakers. Martial Art: Martial arts in Hong Kong are
cise. T’ai chi is one of the most popular, especially among the elderly. Groups of people practice the motions in every park at dawn. Many forms of martial arts were also passed down from different generations of Chinese ancestry. The atmosphere is also distinct as people practice outdoor in peaks, next to ultramodern high rise buildings.
Fun Kowloon Park Kowloon Park is a green haven in the centre of Tsim Sha Tsui. Kowloon Park was opened to public in 1970 and redeveloped in 1989. The park has a total area of 13.47 hectares and features a number of themed gardens, such as the Bird Lake, the Aviary, a totem pole, the Tree Walk, and an indoor warm water swimming pool up to international standards. On Sundays, the Kung Fu Corner is crowded with martial arts demonstrations and cultural performances. Visitors can also look for delicate handicrafts at the arts and crafts fun fair held at the Loggia in the afternoon on Sundays and public holidays.
Star Ferry Pier Since 1898, the green and white boats of the Star Ferry have been shuttling between Hong Kong Island and Kowloon every day. Going onboard a ferry from the Star Ferry Pier in Tsim Sha Tsui, passengers can enjoy the magnificent view of the Victoria Harbour and the picturesque Hong Kong skyline. The ferry crossing was named as one of “50 laces of a lifetime”. Established on 1 May 1898, the Star Ferry Company Limited adopted this company name because the name of every ship 38
HONG KONG
in the fleet contains the word “Star”. In those days, the ferries ran every 40 minutes to 1
concentrated in its vicinity at Canton Road. In addition, there are more than 50 restaurants, two cinemas and three hotels providing customers with a one-stop shopping experience. The Harbour City is composed of four featured shopping zones, including the Ocean Terminal, the Marco Polo Hongkong Hotel Arcade, the Ocean Centre and the Gateway Arcade.
hour from Central Pedders Wharf and Tsim Sha Tsui, and the service was halted for the boat’s coaling twice a week (on Mondays and Fridays). Now, the ferries run every 6 to 20 minutes Monday through Sunday from Tsim Sha Tsui to Central or Wan Chai. It takes only 8 minutes to cross the harbour, and passengers can enjoy the scenic view of the Victoria Harbour and the waterfront of both the Hong Kong Island and the Kowloon Peninsula.
Hong Kong Coliseum Opened on 27 April 1983, the Hong Kong Coliseum with its specialized inverted pyramid design, is one of the most attractive landmarks in Kowloon. With 12,500 seats, the Coliseum provides the city with a welldesigned and equipped multi-purpose indoor stadium where various activities can be staged, ranging from spectacular entertainment and cultural performances to international sports and celebratory events as well as conventions and assemblies.
Temple Street Night Market Temple Street is named after the Tin Hau Temple in Yau Ma Tei. It is also known as “Men’s Street” as most stalls sell products for men. Some of the stalls begin trading from 2:00 p.m., but the street market comes alive after 7:00 p.m. There are many good bargains, including fashionable clothing, jeans, handbags, compact discs, watches and lighters. Temple Street is also famous for its food stalls, which sell all sorts of seafood and other local delicacies. The variety, the incredible prices and the unique atmosphere attract abundant visitors all year round. Under the flyover down Temple Street, fortune-tellers and professional chess players huddle beside their kerosene lamps. Around Yung Shu Tau, there are also booths where singers perform Cantonese operas or even Cantonese and Western pop songs.
Lan Kwai Fong Lan Kwai Fong is one of Hong Kong’s most popular nightlife hot spots and home to over 90 restaurants and bars. The atmosphere ranges from stylish wine pairings to raucous jelly shots and the food on offer is as diverse as the clientele. Thanks to Hong Kong’s dominance in Asian cinema, this centre of late-night revelry is so renowned that its official street sign is more photographed than many of the celebrities who haunt its clubs. Mostly, the area is crowded with people from the surrounding offices of Central, eager to shake off the working day or week. Get in the thick of it with a street side perch, or watch the antics on the road below from one of the upper floors.
Harbour City The Harbour City is next to the Star Ferry Pier in Tsim Sha Tsui. There are 700 shops and boutiques, and flagship stores of different international famous brands are 40
HONG KONG
Lan Kwai Fong usually hosts carnivals
variety of international cuisine with 20 res-
and other celebrations during major festivals, such as Halloween, Christmas and New Year and has its own beer festival.
taurants along the waterfront promenade connecting to Tai Pak Beach. With its 180° sea view, the relaxed open-air alfresco setting and the nightly Disneyland fireworks, D’Deck is the place to head for a memorable culinary experience in Lantau.
SoHo Referring to the area south of Hollywood Road, SoHo is the multicultural wine, dine,
Food and Beverage
booze, and boogie side of Central. The upmarket bars and exotic restaurants of SoHo’s historic and narrow streets are chic to the extreme. Come during the day to explore the neighbourhoods attractive fashion boutiques, art galleries and antiques shops. Indulge in lunch and a glass of vino or hang around for sundown, when SoHo really comes into its own.
Food holds an important place in Hong Kong culture. From dim sum, da been lo (Hotpot), fast food, to the most rare of delicacies, Hong Kong carries the reputable label of “Gourmet Paradise” and “World’s Fair of Food”. Hong Kong is well known for the diversity of cuisines available. Hong Kong cuisine, which is influenced by western and eastern countries, is very diverse. Ethnic foods ranging from Mexican favors to Nepalese and Indian dishes can be found easily. The Soho district in Central is the center for Western foods. Traditional Chinese cuisines, ranging
Discovery Bay – D’Deck Discovery Bay offers one of the largest oceanfront dining destinations in Hong Kong - D’Deck. This gourmet hot spot features a 41
HONG KONG from Shanghainese, Hainanese, Cantonese to Tibetans restaurants are also located everywhere. Hong Kong also has its own style. An example would be Dai pai dong, Chinese style casual outdoor dining restaurant. Cha Chaan Teng came from bing sutt (“ice chamber”). Various set meals are served throughout the day for breakfast, lunch, afternoon tea, and dinner. Meals include Hong Kong-style French toast, Hong Kong invented drinks, yuanyang, and lemon iced tea.
Shopping
Hong Kong’s culture is very much dominated by consumerism. Basic items for sale do not draw any duties, sales tax or import tax. Only specific import goods such as alcohol, tobacco, perfumes, cosmetics, cars and petroleum products have associated taxes. For companies, there is a 17.5% corporate tax, which is lower than international standards. Its proximity to the manufacturing plants
There are many special foods and drinks in Hong Kong. Hong Kong-style Chinese pastries are carried by most bakeries in Hong Kong, like egg tarts, pineapple buns, wife cake, Jin deui and cream bun. Even Pastel de nata, a Portuguese egg tart, is being sold in KFC, the fast-food chain restaurant. Since the Government’s 2008 decision to abolish duty on wine’s import, Hong Kong is fast becoming a centre for the wine trade too. Unbeatable logistics plus the high number of business and leisure visitors it receives each year make Hong Kong a compelling proposition for companies expanding in the food and beverage sector. Hong Kong’s restaurant and bar scene is thriving. The city has 4 of the World’s Best Restaurants 2011, as compiled by Restaurant magazine, more than any other city in Asia. With a local population that loves to dine out and high levels of business entertainment, there is a buoyant market for restaurants at every price point. According government website renowned as the culinary capital of Asia, Hong Kong boasts more than 11,000 restaurants in the city. With dining out a regular pastime for local residents and a growing number of international visitors, there is no better place than Hong Kong to showcase and develop your exciting food and beverage concept.
in China as well as being a free port provide the territory with significant advantages. Large quantities of goods are manufactured and transported from and to Hong Kong frequently. Imports from Europe, Japan, the United States and Taiwan add international flavour to the mix. Most of Hong Kong’s malls are in the New Towns in the New Territories and attached to large residential developments or transit hubs. Malls in Kowloon and Hong Kong Island are found below office towers. In recent years, the Japanese pop culture has become prevalent in Hong Kong Shopping. Many Japanese department stores have opened in Hong Kong, such as Sogo, Yata, and Muji. Japanese clothing brands, like Swordfish, Moussy, and Uniqlo, have started flagship stores in the city. If you were looking for a bargain in clothing and accessories, the Lady’s Street and Fa Yuen Street in Mong Kok or Jardine’s Crescent in Causeway Bay would be a good place to visit. Hong Kong is the fourth largest exporter of jewelry in the world, mainly in the supply of jade and gold. Such vendors can be easily spotted on the street. Among the most common are Chow Seng Seng and Luk Fook Jewelry.
42
HONG KONG Malls and Department Stores • •
•
1881 Heritage : 2A Canton Road, Tsim Sha Tsui, Kowloon apm : Millennium City 5, 418 Kwun Tong Road, Kwun Tong, Kowloon
• • • •
•
Langham Place : 8 Argyel Street, Mong Kok, Kowloon Pacific Place : 88 Queensway, Admiralty, Hong Kong Island The Peak Tower : 128 Peak Road, MidLevels, Hong Kong Island Plaza Hollywood : 3 Lung Poon Street, Diamond Hill, Kowloon SOGO : SOGO Department Store, 555 Hennessy, Causeway Bay, Hong Kong Island Times Square : 1 Matheson Street, Causeway Bay, Hong Kong Island
Locals • • • • • • • •
• • • • • • •
Antiques - Upper Lascar Row, Hollywood Road Video Games - Wan Chai, Sham Shui Po Computers - Wan Chai, Sham Shui Po, Tsim Sha Tsui, Causeway Bay Modern Fashion - Time Square, IFC, Elements Leather Goods - Tsim Sha Tsui Fortune Advice - Wong Tai Sin Temple Japanese Items - Sogo Bargain - Stanley, Temple Street, Jordan (Night Market)
Speciality local stores
China Hong Kong City : 33 Canton Road, Tsim Sha Tsui, Kowloon Cityplaza : 18 Taikoo Shing Road, Taikoo Shing, Hong Kong, Island ELEMENTS : 1 Austin Road West, Tsim Sha Tsui, Kowloon Harbour City : 3-27 Canton Road, Tsim Sha Tsui, Kowloon ifc mall : 8 Finance Street, Central, Hong Kong Island iSQUARE : 63 Nathan Road, Tsim Sha Tsui, Kowloon LANDMARK : 15 Queen’s Road, Central, Hong Kong Island
• • • • • • • • • • • 43
Arome Bakery - bakery chain store c!ty’super - supermarket and lifestyle Commercial Press - book store chain Goods of Desire (G.O.D.) - lifestyle retail store Giordano - retail clothing store Joint Publishing - book store chain ParknShop - supermarket Watson’s - pharmactical, health and beauty chain store Wellcome - supermarket Wing On - department chain store Yu Kee Food - chain supermarket
HONG KONG
Education
schools. There are nine public universities in Hong Kong, and a number of private high-
although international systems exist. The government maintains a policy of “mother tongue instruction” in which the medium of instruction is Cantonese, with written Chinese and English. In secondary schools, ‘biliterate and trilingual’ proficiency is emphasised, and Mandarin-language education has been increasing. The Programme for International Student Assessment ranked Hong Kong’s education system as the second best in the world. Hong Kong’s public schools are operated by the Education Bureau. The system features a non-compulsory three-year kindergarten, followed by a compulsory six-year primary education, a compulsory three-year junior secondary education, a non-compulsory two-year senior secondary education leading to the Hong Kong Certificate of Education Examinations and a two-year matriculation course leading to the Hong Kong Advanced Level Examinations. The New Senior Secondary academic structure and curriculum was implemented in September 2009, which provides for all students to receive three years of compulsory junior and three years of compulsory senior secondary education. Under the new curriculum, there is only one public examination, namely the Hong Kong Diploma of Secondary Education. Most comprehensive schools in Hong Kong fall under three categories: the rarer public schools; the more common subsidised schools, including government aidsand-grant schools; and private schools, often run by Christian organisations and having admissions based on academic merit rather than on financial resources. Outside this system are the schools under the Direct Subsidy Scheme and private international
er institutions, offering various bachelor’s, master’s, and doctoral degrees, other higher diplomas, and associate degree courses. The University of Hong Kong, the oldest institution of tertiary education in the territory, was described by Quacquarelli Symonds as a “world-class comprehensive research university” and was ranked 24th on the 2009 THES - QS World University Rankings, the highest-ranked Asian university on the list that year. The Hong Kong University of Science & Technology was ranked 33rd in the world by QS World University Rankings in 2012, and 3rd in the Times Higher Education “Top 100 Under 50” ranking in 2012. The Chinese University of Hong Kong was ranked 46th in the world in 2009 and ranked fourth in Asia for 2010. Based on the 2011 rankings published by career and education network QS, three of the top five Asian universities are in Hong Kong: the Hong Kong University of Science and Technology, the University of Hong Kong and Chinese University of Hong Kong as first, second and fifth rank, respectively.
Hong Kong’s education system used to roughly follow the system in England,
Health care
There are 13 private hospitals and more than 50 public hospitals in Hong Kong. Among the widest range of healthcare services throughout the globe are on offer, and some of the SAR’s private hospitals are rightly considered to be among the very best of their type in the world. There are two medical schools in the SAR, one based at the Chinese University of Hong Kong and the other at Hong Kong University. Both have strong links with public sector hospitals. With respect to postgraduate education, 44
HONG KONG traditionally many doctors in Hong Kong have looked overseas for further training, and many took British Royal College exams
homes for those on low incomes. Several subsidized home ownership programs have been implemented, includ-
such as the MRCP(UK) and the MRCS(UK). However, Hong Kong has been developing its own postgraduate medical institutions, in particular the Hong Kong Academy of Medicine, and this is gradually taking over the responsibility for all postgraduate medical training in the SAR.
ing: Home Ownership Scheme, Flat-for-Sale Scheme, Tenants Purchase Scheme, Sandwich Class Housing Scheme and Private Sector Participation Scheme. The government has a policy for public rental housing for the needy. It is the Government’s housing policy to provide subsidised public housing for permanent residents who cannot afford private rental housing. The Housing Authority aims to maintain the average waiting time for public rental housing for general family applicant around three years. Under the Harmonious Families Priority Scheme, public housing applicants can choose to live with or close to their elderly parents/relatives will have their waiting time shortened for six months. There is another housing scheme for the elderly. This is subsidised housing schemes and specially designed flats targeted to the elderly. (Sources: Hong Kong governmant website http://www.gov.hk and The Free Encyclopedia http://en.wikipedia.org/wiki/ Hong_Kong)
Public Housing
Housing in Hong Kong varies by location and income. Hong Kong has the 3rd-most expensive real estate in the world (according to 2007 figures), with a square foot per unit pricing of US$2,008, behind only London and Monaco. Public housing is a major component of the housing in Hong Kong. About half of Hong Kong residents now live in public housing estates and other tower blocks with some form of subsidy. The history of public housing in Hong Kong can be traced back to 1953, when a fire in Shek Kip Mei destroyed the shanty homes of approximately 53,000 people. As a consequence, the Hong Kong Government commenced a programme of mass public housing, providing affordable
45
46
NEPAL
Nepal Topography
ing between 610 and 4,877. Kathmandu Valley, where the country’s capital, Kathmandu, is situated, and many other scenic valleys, basins and pockets are located in this region. The Terai, which is an extension of the Gangetic plains of India, forms a low plain land along the southern border. Terai is comprised with most of the fertile land and forest areas of the country and big river basins.
Nepal is situated in South Asia. Tibet, Autonomous Region of China is in the north and India in the east, west and south. Almost rectangular in shape, it is with a total area of 147,181 square kilometres (“sq km”), stretching 885 km from east to west and between 145 km and 241 km from north to south, with an average width of about193 km. In topographic point of view, Nepal can be divided into three different regions from north to south: the mountainous region, the hilly region and the plain land, Terai. Nepal is lying at an altitude of about 4,877 to 8,848 metres above sea level (“masl”). The mountainous region includes the Himalayas, the world’s highest mountain chain. Nepal Himalayas comprise nine of the world’s highest peaks, including the highest one, Mount Everest. The hilly region lies mainly in the middle of the country, with the altitude vary-
Climate
Since its topography is diversified, almost all the climatic zones of the earth— tropical, subtropical, temperate, alpine and sub-arctic—are found in Nepal. The average annual temperature is about 15 degrees Celsius; however, in some places of Terai the summer temperature can rise above 40 degrees Celsius. Nepal has four seasons: spring (March-May), summer (June- August), autumn (September-November) and
49
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winter (December-February). The Capital
Nepal. There are four major forest zones:
Valley, Kathmandu has a pleasant climate, with average summer temperature of 19 to 27 degrees Celsius and winter temperature of 2 to 12 degrees Celsius. Rainfall varies from place to place, from 300 millimetres (“mm”) to 250 mm. October to May is generally dry in most parts of the country. In winter, the western part receives the larger share of rainfall, and during the monsoon, which is from June to August, the eastern part receives more rainfall. Kathmandu Valley receives around 1,300 mm of annual rainfall, with the heaviest concentration from June to August (see Table 1).
tropical and subtropical (up to 300 meter above the sea level); sub-tropical and riverine (301-800 masl); subtropical and subtemperate hill (801-2,000 masl); temperate and alpine (above 2,000 masl). This diversity
Natural Resources Water Water is the most important natural resource in Nepal. There are about 6,000 rivers and rivulets, which add up to 45,000 km in length. The total drainage area of all the rivers consists of about 191,000 km, of which 74 per cent lies in Nepal. The total average run-off is estimated at about 170 billion cubic metres (“m3”), and potential of hydroelectric power is estimated to be at 83,000 megawatts (“MW”), which is one of the largest potential in the world. However, less than 0.5 per cent of this potentiality has so far been exploited.
supports more than 100 mammals, 850 birds and almost 10 thousand plant species.
Minerals
Forests
There are large deposits of mineral resources including limestone that can be exploited economically; some of these are of marginal tonnage and grade, while some others require further investigation. The country occupies large deposits of other minerals, i.e. magnesite, lead, zinc, talc, marble, iron
Forests in Nepal occupy around 42.4 per cent (62,405 sq km) of the land, and account for about 79 per cent of the country’s total energy consumption and more than 90 per cent of rural household energy consumption. Almost every known forest type is found in 50
NEPAL
ore, natural gas, silica, dolomite and semi-
nessing two mid-term elections and a hung
precious stones. Copper, cobalt, placer gold, etc of low grade and tonnage reportedly occur in many parts of the country. Surveys have also revealed occurrence of petroleum reserves in the Terai region.
parliament. Such unstable government and uncertain politics were accountable for the Maoist insurgency, which ultimately sought for further political reforms and a republican state. In such political disarray situation, King Gyanendra suddenly dissolved Parliament and declared a state of emergency in January 2005, usurping the executive and legislative powers. Despite his permission of socioeconomic reforms, a general election and handover of sovereignty to the people, he failed to do so. The sidelined political parties then united to uphold democratic values and people’s sovereignty. The Maoists joined hands with them, forging a mass movement, which culminated in Popular Movement 2 in April 2006. Following the success of the Movement, Parliament was reinstated and negotiations with the Maoist insurgents resulted with a political agreement. An Interim Constitution was promulgated in January 2007 with the provision of an Interim Parliament, represented by the Maoist and other major political parties. An Interim Government of the seven-party alliance was formed. The election to a Constituent Assembly was held in April 2008, and the first session of the Constituent Assembly, held in June that year formally abolished the monarchy and declared the country a republic.
Political System
Nepal in ancient times consisted of many small autonomous states, known as 22 and 24 states. Late King Prithvi Narayan Shah unified Nepal by conquering and merging these small states into one single nation, Nepal in 1769. After the Anglo-Nepal War of 1814-1816, Prime Minister Jung Bahadur Rana greatly augmented his power and established the Rana line of hereditary prime ministers, which ruled Nepal until 1951, when a popular revolution overthrew such line of family autocracy. In 1959, Nepal held its first general election and in order to institutionalize a parliamentary government. After about 18 months, Late King Mahendra abolished such government and replaced by a party-less political system, namely Panchayat. This system lasted for about 29 years. Following a grossly discontent with the Panchayat system and people’s aspiration for modern democracy, a popular movement ushered in a new era of democracy in 1990. A new constitution, enshrining the sovereignty of the people, was adopted that year. A multiparty political system with constitutional monarchy and a bicameral parliamentary system of government with two houses, namely the House of Representatives and National Council, was established. Between 1990 and 2004, the country experienced a series of unstable coalition governments, with as many as ten prime ministers, wit-
Social and Cultural Settings
Nepal is ethnically diversified as with geographically. It is a home to several races and tribes, languages and religions. The majority of the Nepali people are Hindu (80%), followed by Buddhist (10%). There is a unique blend of Hinduism and Buddhism. 51
NEPAL
est cultures with exquisite expression in the religions, art, music, dance, social, cultural and religious festivals. Nepalese Festivals are a prominent aspect of all Nepalese lives, in which all people take part equally and enthusiastically. Dashain (or worshipping to Durga), Tihar (Festival of Light), Shiva Ratri (Lord Shiva’s Night), Indra Jatra (Festival of Indra, the Rain God), Baisakh Purnima (Lord Buddha’s Birthday). Gai Jatra (Cow Festival) Chhath (Worship of the Sun), Fagu (Festival of Colours) and a host of other festivals are celebrated every year.
International Relations
Nepal’s foreign policy is guided by the principles of the United Nations (UN) Charters and the Non-Aligned Movement. Nepal enjoys cordial relations with almost all countries in the world. It has diplomatic relations with 128 countries maintained through twenty- six residential embassies, three consulates and various consul generals or consulates abroad. Similarly, twenty-two embassies, consulates, co-operation offices, country representatives of various international organizations, including the UN, World Bank, International Monetary Fund (IMF) and Asian Development Bank (ADB), based in Kathmandu, have played significant roles to help Nepal achieve its goals on foreign policy and economic development. Economic diplomacy has been adopted as another significant dimension of Nepal’s foreign policy priorities in recent years. Its main objectives are to promote Nepal’s export trade, attract foreigners to visit Nepal and promote the foreign direct investments (FDI) into the county. Nepal plays a significant role to the promotion of close economic co-operation in
The two religions have overlapped and harmonized to such an extent that Hindus and Buddhists worship the same gods and goddesses. The people are religious and have strong bonds with their cultures, which are as unique and as diverse as their backgrounds. There are also many tribal groups in Nepal. The co-existence of these ethnic groups and their cultures has been marked by tolerance and openness for centuries. Nepali, written in Devanagari script, is the official language and lingua franca of slightly over 50 per cent of the population, while a number of other languages and dialects are spoken by specific ethnic and tribal groups. Some of these languages are Maithali, Bhojpuri, Newari, Gurung, Tamang, Tharu, Magar, Limbu, Rai, Urdu, Hindi, Sherpa and Awadhi and a host of other minor languages. English is spoken and understood by a large number of people from new generation in urban areas. Nepal has maintained its unique and rich52
NEPAL
Gross Domestic Product
South Asia. It is actively working with other members of the South Asian Association for Regional Cooperation (SAARC) for the realization of the South Asian Free Trade Area (SAFTA), and is also engaged in sub-regional co-operation in the form of the South Asian Growth Quadrangle (SAGQ), comprising, among others, Bangladesh, Bhutan and India. Nepal also enjoys being a member of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Co-operation (BIMSTEC). Nepal acceded to the World Trade Organization (WTO) in 2004. Nepal has been member of the UN and its specialized agencies since 1955, ADB since 1966 and the World Bank and IMF.
Nepal, a small and landlocked country, is one of the forty-eight LDCs. Agriculture has been the mainstay of the Nepalese economy, providing livelihood for about 80 per cent of the population, and accounting for 35 per cent of the Gross Domestic Product (“GDP”) during fiscal year (FY) 2001/02– FY2005/06 and 32.57 per cent (provisional) in FY2006/07. While looking at the GDP performance by three major groups of economic activities, viz (1) Primary (Agriculture and forest, Fisheries, and Mining and Quarrying), (2) Secondary (Industry, Electricity, Gas, Water and Construction), and (3) Tertiary (rest of the services sectors), the growth estimates for FY2006/07 are 0.72 per cent, 2.06 per cent and 4.09 per cent respectively. The contributions of these sectors to GDP are estimated at 36.6 per cent, 16.3 per cent and 47.1 per cent respectively for FY2006/07. Hence, the contribution of the tertiary sector is estimated to rise in FY2007/08 by 0.7 percentage point. According to the Central Bureau of Statistics (CBS), the per capita GDP at current price is estimated to increase by 8.85 per cent to Rs 27,209 in FY2006/07. Such rise in the preceding year was 7.28 per cent to Rs 24,996. At constant price, per capita GDP is estimated to increase by 0.53 per cent as compared to the rise of 0.76 per cent in the preceding year. In US dollar terms, per capita GDP at current price is estimated to be at 383 this year, a rise of US$33 from the preceding year’s level. A recent economic survey shows that, in terms of GDP structure at constant price, the contribution of major sectors like agriculture is estimated at 36.1 per cent, wholesale and
World Trade Organization The World Trade Organization (“WTO”) in September 2004, approved the Protocol for Nepal’s entry into it. Nepal was then considered the second least developed country (“LDC”), after Cambodia, to join the WTO. Upon entry into the WTO, Nepal enjoys all the rights as other member states under the WTO agreement. The benefits are embedded in the past global trade reforms, improving the domestic trade policymaking process, helping exporters contest in the global market and supplementing the preferential market access to foreign markets. The membership allows Nepal a seat at the negotiating table, take part in debates on the world trading system. These benefits will help Nepal integrate into the world economy. In return, Nepal has also accepted some obligations under the WTO agreement. It must implement trade-related regulatory reforms, such as in customs administration, protection of intellectual property rights, food and plant sanitary measures, and technical standards. 53
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retail trade at 13.1 per cent, transport, com-
and export quality handicrafts are produced,
munications and storage at 8.7 per cent, real estate and professional services at 7.5 per cent, industry at 7.8 per cent, construction at 6.1 per cent and education at 5.9 per cent.
mainly by small and cottage industries. Contrary to the previous policy regimes, the Industrial Policy 1992 is quite liberal and transparent. The Industrial Enterprises Act 1992 has relaxed the licensing requirement for a number of industries. Accordingly, licence is required only for the establishment, expansion and modernization of industries concerning security, public health and environment. Industries involved in the production of conventional and modern weapons, ammunition, gunpowder and explosives, radioactive material, security printing, and currency and minting of coins fall under the category of security industries. Industries that affect public health and environment include cigarette, bidi, cigar, tobacco, khaini (chewing tobacco) and other industries that utilize tobacco as the main raw material for their production, and alcohol and beer. A decision on an application for setting up these industries is given by the departments concerned within thirty days. For all other industries, licence is not required. However, approval of the DoI is required in order to establish industries with foreign investment. All limited companies are required to be registered with the Company Registrar’s Office (CRO).
Industry
Since the country is still at a preliminary stage of industrial development, the share of the industrial sector in the economy is thus quite low. The contribution of the manufacturing sector to GDP is around 9 per cent only. The number of industries (large, medium and small scale) registered with the Department of Industries (DoI) reached 3,302 as of mid-April 2006. Similarly, the number of cottage industries registered with the Department of Cottage and Small Industries (DoCSI) reached 13,000 as of mid-January 2007. However, less than 40 per cent of the registered small and cottage scale units are estimated to be functioning. (For the industrial registration figures, see Tables 6 and 7.) In FY2006/07, the industrial sector GDP is estimated to have increased by 2.16 per cent over the previous fiscal year. The production of processed items, i.e. milk products, textiles and paper products increased in FY2006/07. However, the industrial sector is expected to nominal growth due to decline in readymade garments and carpet production (Economic Survey FY2006/07). The products of manufacturing industries include vegetable oils and fats, dairy products, grain mill products, animal feeds, tea, sugar, processed food items, beverages, cigarettes, textiles and apparel, leather footwear, saw milling, paper and paper products, pharmaceuticals, soap, plastic products, cement, bricks, iron rod and billets, electrical goods and so on. A number of consumer items
Government Key Policies on Industrial Sector •
•
•
55
Necessary amendments will be made in the policies related to industry, foreign investment and trade. Procedures will be simplified to attract foreign investment and to establish new businesses. The Government will extend support for the promotion, identification and development of products having
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Agriculture
comparative advantage in areas such as
•
•
• •
•
•
• •
•
hydroelectricity, herbal production and processing, organic farming, information technology and medicines. An Industrial Security Force will be constituted incorporating the private sector for better industrial security. Multinational companies will be invited for the exploration and extraction as well as production of petroleum products. A law relating to Special Economic Zones (SEZs) will be enacted. SEZs will also be developed in Jhapa, Dhanusha, Birgunj, Panchkhal, Jumla and Dhangadi to accelerate the establishment of infrastructural industries to enhance Nepal’s export capacity as well as increasing industrial processing of local resources. The Government will reform Nepal Industrial Development Corporation (NIDC). The Government will take initiative to establish infrastructure banks with private sector involvement. Load-shedding will be ended in industrial corridors. The Government will make available public and barren land on long-term lease to the private sector to establish dairy industries, amusement parks, tourist rest houses and resorts, hotels, universities and technical institutes with their investments. To reduce dependence on petroleum products, industries locally producing biodiesel and using widely available plant Sajivan (Zatropha) and mixing ethanol in petrol by up to 10 per cent will be encouraged.
Nepal is an agricultural country which provides employment for over 80 per cent of the total population and contributes about 35 per cent of GDP. However, agricultural operations still lack modern technology, and the production system is at subsistence level. Only about 18 per cent of the land is cultivated. Irrigation facilities are limited to about 25 per cent of the cultivated land. Considering the importance of this sector to the national economy, the Government of Nepal is implementing the twenty-year Agriculture Perspective Plan (APP) for the development of this sector. Paddy, corn, wheat, pulses, oilseeds, potato, vegetables and fruits are the major crops grown in Nepal. Food grain production is estimated to have reached about 7.65 million metric tonnes (MT) in 2005/06. Vegetable and fruit production are expanding very fast, particularly in hilly areas. The major export items of agricultural products are pulses, seeds, cardamom, tea, medicinal herbs and hides and skin. (For the area, production and yield rate of major crops in FY2005/06, see Table 9.) Animal husbandry is an integral part of the Nepalese farming system. Cattle, buffalo and goat are the major livestock raised by the Nepalese farmers. Sheep rearing is popular in the mountain areas of the country. Poultry farming is also equally popular in urban areas. In the paucity of large-scale dairy farms, the farmers of different areas produce milk as a supplementary business. The major portion of meat products comes from buffalo, goat and chicken. Beef production, however, is not permitted by the country’s law.
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Trade
Major Exports Products of Nepal
Until the 1970s, almost all foreign trade was with India only. However, due to the policy of trade diversification pursued by the GoN during the 1970s, there is a significant shift in Nepal’s trade direction. As a result, India’s share in Nepal’s foreign trade has been declined substantially in 1994/ 95. It is currently 68 per cent of the total foreign trade. Tibet Autonomous Region of the People’s Republic of China is also a Nepal’s trading partner. Small business transactions including barter trade between the local inhabitants along the Himalayan frontier, characterize the trade between Nepal and Tibet, which is about 2.8 per cent of the total trade. The Trade and Payment Agreement, concluded in 1974, emphasized the importance of the traditional trade between Nepal and Tibet, and designated an area of 30 km on either side of the border for unrestricted barter trade. Nepal’s trade with overseas countries is also on the rise. Full convertibility of the Nepalese currency in the current account, provision for maintaining the foreign exchange account for earnings from exports, time-bound duty refund scheme on exports and de-licensing of imports are the key factors contributing to the diversification of Nepal’s foreign trade. Regarding the balance of trade, it is negative on Nepal’s part. In FY2005/06, trade deficit amounted to Rs 102,766 million, while it was Rs 61,248 million in FY2001/ 02. The average growth rate of trade deficit has been hovering around 10 per cent for the past five years. Trade dependence with India has risen to 67.4 per cent in FY2005/06 from 48.2 per cent in FY2001/ 02.
Hand Knotted Woolen Carpet of Nepal Hand-knotted woolen carpet of Nepal ranks the 2nd in terms of overseas export. Carpet items exported from Nepal are coded under HS. Code 5701.10. The carpet weaving is an old tradition of Nepal, especially in the mountainous region. Radi, Pakhi, Bakkhu, Darhi are well-known hand woven products of this region. However, due to lack of international marketing, these products are consumed in domestic market only. The production of export quality carpets was initiated by the Tibetan refugees in the early sixties. The year 1960 can be regarded as the historic year for the commercial production of the carpet in Nepal. In 1962, for the first time, Nepal launched commercial shipment of the carpet to Zurich, Switzerland. Nepalese carpets are made of the highest quality fleece wool imported from Tibet, New Zealand and Britain. These carpets are available both in natural dyes and synthetic dyes with 60, 80 and 100 knots per square inch density. Some manufacturers may even make 120 knots per square inch density or more. Nepalese carpets are of various sizes ranging from 16”X16” to 9 feet X 12 feet. Nepalese hand knotted woolen carpet is one of the major exportable products of unique qualities like texture, color combination, resiliency, strength and durability. Carpet designs are large and bold on a single dominant background. These carpets can be used on the floor or hung on the walls. The production process of Nepalese carpet includes: 57
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i.
Wool sorting and washing
carpet is concentrated in the Kathmandu val-
ii. iii. iv. v. vi. vii. viii. ix.
Carding Spinning Dyeing Knotting Trimming Washing and drying Finishing Packing The price of the Nepalese carpet basically depends on its quality standard, size and design like other products.
ley and the rest is outside the valley. The export of Nepalese Carpet has spread over 40 countries out of which, Germany, USA, Belgium, Britain, Turkey, Switzerland, Japan, Spain, Canada and Italy are the leading export markets. Among these too, the first two are the biggest export markets. Germany alone imports from Nepal more than 45% of the total carpet export.
Nepalese Readymade Garments Readymade garments sector has been one of the largest export items in terms of foreign currency earning and contributing employment opportunities to many people. They range from loom fabrics to mill fabrics and they are made & exported as per buyers order whether or not they are traditional or fashion wears. Jackets, jumpers, jump suits, shirts and blouses, skirts and trousers, slacks and shorts, quilted jackets & waistcoats etc. made from cotton or rayon are the major items exported from Nepal. The major export market of Nepalese garments are USA, Canada, Germany, France, Netherlands, UK, Switzerland, Spain, Italy, Australia, India, etc.
Pashmina Products Pashmina is the finest wool of Himalayan goat, Chyangra (Capra Hircus), living above 2000 meter from the sea level. Each Chyangra produces roughly 90 grams of pashmina every year. Pashmina is extracted from Chyangra’s body during early January to late February. Pashmina is considered one of the finest, softest, warmest, lightest and best wool in the world. Pashmina is also known by different names, i.e. “Diamond Fiber” and “Soft Gold of High Asia”. It is un-
Nepalese carpet industry has been the backbone of Nepalese economy since long. It is the highest industrial employment generator, particularly to the rural people who are illiterate or deprived of education, as well as the major foreign hard currency earner. At present, around 95% of the production of 58
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parallel in uniqueness and beautiful to any
Most of the Pashmina industries are
other fibers. Pashmina product is the 3rd largest export item of Nepal after readymade garments and hand knotted woolen carpets. Pashmina product is a kind of high quality woolen product for multipurpose use. This product has been coded under HS Code 62.14.20 in Nepal. The raw materials used for producing pashmina products are ‘Pashmina Yarn’ and ‘Silk Yarn’ plus dyes and chemicals. Nepalese Pashmina industries import these raw materials from China, India and Europe. Pashmina Shawls can be prepared by pure Pashmina yarn or by using both Pashmina yarn and Silk yarn in a certain proportion or in the ratio of 70:30, depending upon the demand of the esteemed buyers. Fineness, softness, warmness, lightness, durability and craftsmanship are its inherent features. The most demanding Pashmina items of different size in the international markets are: i. Shawls - 36”X80” ii. Stoles - 28”X78”, 28”X72”, 24”X72” , 22”X72” and 20”X72” iii. Mufflers/ Scarves - 18”X78”, 18”X65” and 12”X60” iv. Blankets -45”X72”, 45”X90”, 56”X96”, 52”X110” and 60”X100” Besides the those items, people equally demand for various Pashmina-made readymade garments in international market. Almost all Pashmina products are exported to international market by air Cargo. However, it can be exported to India by land as well. It is sometimes exported by post as well as courier in a relatively small number. The price of Pashmina product depends upon quality, ordering quantity, colour, design and size.
based in the capital, Kathmandu Valley. All of them are export-oriented industries. However, about 5% of its products have been consumed locally. Pashmina products account for more than 50% of the total export of handicraft products from Nepal. The number of international export markets of Nepali Pashmina products exceeds 40. However, USA, Italy, Canada, UK, France, Japan, Germany and India are the major destinations.
Handicraft Nepalese handicrafts depict the great tradition and proud culture of the country. They have been best known to the World for its rich art, crafts and architecture. The skill and techniques of making handicraft product represent the talent and skill of craftsmen. They also reflect the social, religious and cultural values of the country. In Nepal, the production of handicrafts has been an age-old occupation. Novel handicrafts are also developed in harmony with changing market taste. In the last 27 years, export of handicrafts of the country has considerably grown. Thus, the development of handicraft helps in preserving the national heritage of the country. It equally contributes to eliminate poverty by creating job opportunities. Nepalese handicrafts industries have provided employment to thousands of Nepalese. It has also been a prime source of foreign exchange. Handicrafts are prevalent in almost all parts of the kingdom of Nepal. However, handicraft-related works have been adopted as a traditional occupation by the Newar community of the Kathmandu valley, particularly by the Bajracharya, Shakya and Chi59
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of the country next to readymade garments and carpets. More than 20 handicraft products mainly the pashmina products, woolen goods, silver jewellery, Nepalese handmade paper and paper products, metal craft, wood craft, cotton goods etc. are being exported to about 85 different countries. USA (which alone absorbs around 25% of the total export of handicraft products), Britain, India, Canada, Germany, Japan, Italy, France, Australia, Netherlands and China are its major foreign destinations.
Leather Goods Leather is one of the major items of the Nepalese exportable products. Most of the Nepalese leather goods are from the leather processed in Nepal. However, good quality finished hides for shoes and goat leather for garments are imported to Nepal. Nepal has been manufacturing and exporting different varieties of leather goods, i.e. jackets, handbags, belts, purses, shoes and boots, gloves, wallets, vests, skirts, trousers, travel bags, camera bags, prone, folders, picture frames, key holders etc, of traditional and modern design of various size and colour. Designs are tailored to the buyers’ requirements. As much as 65 % and 15% of the total raw materials for producing the leather shoes and other leather goods are supplied respectively from within the country. By the end of 2058 B.S. the number of leather based small and medium-sized industries registered with the Department of small and cottage industries were over 200 scattered throughout the kingdom, particularly in the Terai belt. The government has paid attention to the promotion of leather goods producing industries because of export potentiality and wide scope of value addition of Nepalese leather
trakar families. According to Handicraft Association of Nepal (HAN), Nepalese handicrafts cover 42 groups of products out of which, metal craft (statue and utensil), pashmina products, paubha (thanka), silver and gold jewellery, stone carving, wood craft, bags and accessories, basketry products, filigree products, handmade paper products, handloom products, ceramics, decorative items, leather products, horn and bone products, macramé (knot crafts), religious goods,crazy/fancy hats, ethnic dolls, paintings, giftware, ethnic costumes, hand knitwear, incense, natural buttons made of small tree branch, stone, bone and horn, puzzles and toys etc. are the major ones. The export of Nepalese handicrafts started from the mid 60’s. However, the regular export started only from early 70’s. Currently, it has been the largest overseas export item 61
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goods. Nepalese Leather based industries have made a contribution of about 10% to
region, Himalayan region, Hilly region and Terai region.
the industrial production of the country. Nepalese leather goods are exported to more than 20 countries out of which, Canada, Japan, USA, Italy, U.K., Israel and France are the leading buyers.
Pulses Lentil which is a major exportable agricultural products, has been regular sources of foreign currency earnings for Nepal. Nepal exports both whole & grinded lentils. Lentils are mainly grown in Terai, inner Terai and mid hills of the country. The cultivation of lentil has been increased because of its huge demand at home and abroad. Bangladesh, Singapore, Sri Lanka, Germany, Korea, UK, Indonesia are its major export markets.
Others Products, Exporters and Importers Gold and Silver Jewellery Nepal has a long tradition of craftsmanship in many forms like wood carving, metal craft, stone carving and, changing silver and gold into exquisite pieces of Jewellery. The manufacturing of Jewellery in Nepal has been wide spread throughout the country since time immemorial. The production of Jewellery is labour intensive industry based on caste and cultural heritage. It was traditionally confined only to the Newari Shakya and Sunar families, but nowadays, other castes are also involved in such occupation. The art and the tricks of making jewellery have been passed from old generation within a normal family group setting. So, it is said that by the time the child goes to school, he can handle the tool. The local demand of Jewellery has traditionally confined to social and religious occasions and other ritual ceremonies.
Spices Nepal grows different varieties of spices, i.e. dry and fresh ginger, cardamom, turmeric powder, cinnamon both leaf and barks, chilly etc. Spices are famous for giving delicious flavour for food. Spices are mainly used in domestic culinary purposes and food industry. It is also widely used in medicine bakeries. Spices are also the major export products from Nepal. India has been traditional market for Nepalese spices and they are equally exported to Pakistan, Singapore, Germany, Taiwan etc.
Floricultural Products Nepal’s varied climatic nature and soil type offers high potentiality for cultivation of all type of floricultural plants in the country all over the year. Besides, hundreds of different varieties of flower, 90 genera and 350 species of orchid are available in Nepal. Nepal exports flower, flower bulbs and seeds. The major foreign destinations for such products are India, Japan, Pakistan, Qatar etc. There is great potentiality for expansion of such products in Nepal.
Precious and Semi-Precious Stones of Nepal Due to the geographical diversity, varieties of precious and semi-precious stones like ruby, corundum, sapphire, tourmaline, aquamarine, topaz, garnet, kyanate, crystal quartz, beryl etc. are available in different parts of the country, namely High Himalayan 62
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Exports
India. At present, the major items of export
The composition of Nepalese exports has shifted towards manufactured goods over the last two decades. In 1980/81, approximately 70 per cent of Nepal’s exports consisted of primary commodities. Readymade garments are the most exportable items to overseas countries, followed by woollen carpets. Other exportable items to overseas countries are pashmina, hides and goatskin, lintels, metal and wooden handicrafts, agro- and forest-based primary and secondary goods, etc. Leather, raw jute, lentil, large cardamom, ginger, tea and medicinal herbs are traditional export items. Recently, terry towels, micro transformers, blankets and buttons have emerged as new items to export. If garments and woollen carpets are taken out, India appears to be the single largest and stable market for Nepal’s exports so far. In view of the expansion of regional and global markets, more and more products are being identified as exportable goods. Considering the scope of technology enhancement and production potentials, the upcoming export items are mushroom, saffron and floriculture products. Vegetable seeds, orthodox and CTC tea, niger seeds, essential oils from medicinal and aromatic plants, leather goods, woollen goods, silver jewellery and silverware, low carat gold jewellery, etc also offer good export prospects. There is also a potential opportunity for developing hydropower as an exportable product. The trade treaty between Nepal and India permits all Nepalese manufactures to enter the Indian market free of customs duties and quantitative restrictions since 1996. Similarly, the Power Trade Agreement between Nepal and India allows export of power to
to India are pulses, vegetable ghee (clarified butter), ginger, cardamom, rosin, catechu, raw jute and jute goods, noodles, oilcakes, toothpaste, toilet soap, confectionery, etc.
Imports Over the years, Nepalese importable items in terms of size and numbers have increased substantially and undergone major structural changes. Capital goods, industrial raw materials and consumer goods are the major import items. In FY2005/06, 67.1 per cent of the imports originated from India, followed by overseas countries, with 29.5 per cent, and Tibet, with 3.4 per cent. The major import items include petroleum products, machinery and spare parts, transport equipment, pharmaceuticals, textiles, chemicals, electrical goods, vehicles and spare parts, medicines and medicinal equipment, raw wool, betel nuts, aircraft and spares parts, raw silk, threads, fertilizers, telecommunication equipment, etc. Of the total trade, the ratio of import to export was around 72.28. For the last five years, the share of imports from India has been increasing, largely due to the sourcing of India for the import of petroleum products since the beginning of this century. In 2001/02, the share was 51.8 per cent, while it went up to 59.7 per cent in 2005/06. The total value of the import trade was Nepalese Rupees (“Rs”) 173,780 million. The growth rate for the last five years was around 8.0 per cent.
Medicinal Herbs and Essential Oils
The medicinal herbs and essential oils are well known exportable products of Ne63
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pal. They are also the major natural resourc-
in Nepal dating back to more than a century.
es of Nepal. They are found in forest and Himalayan regions. These plants are used locally in traditional healing purposes since very long. Ayurvedic drugs are made from the medicinal herbs. The essential oils extracted from different medicinal plants are used as raw materials for producing various consumer products, i.e. cosmetic, perfumery, medicines etc. Various plant based essential oils are produced in Nepal and exported thereafter to international market. Citronella oil, Palmerosa oil, Sugandha Kokila, Lemon Grass oil, Lichen extract are some prominent essential oil and extract which are commonly produced. The major export market of these products are Germany, Japan, Pakistan, Italy, France, USA, UAE, U.K., Switzerland, Sweden, Australia etc.
Orthodox and CTC are major varieties of tea grown in Nepal. Illam tea, which is famous as high grown orthodox tea is popular among the tea connoisseur. The major export market of Nepalese tea are Germany, Japan, France, Italy, Hong Kong, U.K., Switzerland, Australia, Netherlands, U.S.A., The medicated and herbal tea of Nepal have been very popular in these markets. Along with the tea, coffee is also emerging as a potential exportable product of Nepal. Coffee is cultivated in some pocket area of middle part of Nepal, such as in Gulmi, Palpa, Syanja, Lalitpur and Kavre district. Conducive agro climatic environment for coffee has encouraged the farmers in cultivation of coffee. It can be cultivated in barren and steep lands. It is high valued commercial crops having a promising market potentiality at home and abroad. There is huge demand for Nepalese coffee in overseas market as people prefer roasted coffee beans rather than the instant one. Japan and Netherlands
Tea and Coffee Tea has been one of the major exportable items of Nepal. Tea has been cultivated
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are existing foreign destinations for Nepa-
Nepal has signed trade and transit agree-
lese coffee.
ments with India and Bangladesh. Similarly, it has trade agreements with Bulgaria, China, Czech Republic, Egypt, Mongolia, North Korea, South Korea, Pakistan, Poland, Romania, Sri Lanka, Russian Federation, UK, USA and Yugoslavia.
Honey Honey is also an export product of Nepal. It has a growing export markets, as it is being used in food industry and pharmaceutical sector. The cosmetic manufacturers have also found it very useful ingredient for soaps and shampoo. The hill mountain natural honey of Nepal is very famous for its exotic taste. The major export markets of honey are U.K., Republic of Korea, Germany, Japan, Hong Kong, Poland etc. Nepal honey is considered one of the best for its taste and organic product of Nepal.
Foreign Investment
Nepal has been pursuing a liberal foreign investment policy and been striving to create an investment-friendly environment to attract Foreign Direct Investments (“FDIs”) into the country since 1981. As of April 2008, permission has been granted to 1,431 foreign investment projects, with the total project costs of Rs 114.24 billion, of which foreign investments amounted to Rs 41.26 billion (36%). The areas of investment include industrial manufacturing, services, tourism, construction, agriculture, minerals and energy. The major investments are from India, followed by China, Japan, USA, South Korea and UK. Around 50 countries have invested in Nepal. India is the foremost country in terms of having FDIs in Nepal, which is obviously due to its close proximity and traditional economic relations with Nepal and duty-free access of Nepalese products to India. The same is true in the case of China, although duty-free access to Chinese market is not yet available to Nepalese products. Similarly, in the case of other major countries, long diplomatic relations have played a vital role in inviting foreign investments into Nepal. Nepal has concluded Bilateral Investment Protection and Promotion Agreement (“BIPPA”) with India, Germany, France, UK, Mauritius and the Organization of Petroleum Exporting Countries (“OPEC”) Fund. Nego-
Nepalese Paper and Paper Products The Nepalese paper and paper products are very famous and unique in the overseas market. The Nepalese paper is made from Lokta or Dayshing (Daphne cannabira) plants. The unique feature of Nepalese paper is of its moth resistance quality. Besides Nepalese paper, varieties of paper products, i.e., postcards, writing pads and papers, wood block prints, calendars, gift wrap, lampshades, etc. are exported from Nepal. The major foreign markets for this product are USA, Japan, Canada and European countries. (Source: Trade and Export Promotion Centre, Government of Nepal, Ministry of Commerce and Supplies)
Trade Partners
In FY2005/06, Nepal had foreign trade relations with over ninety-three countries around the globe. It exported to more than eighty-two countries and imported from more than 78 countries. Both-way trade traffic was with 67 countries. 65
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tiations are also going on with a couple of
iv. An appropriate policy will be adopted
other countries. Given the inherent barriers of its geophysical setting and being the LDC, Nepal has to put greater efforts to improve its investment climate. The Heritage Foundation Index of Economic Freedom, which is based on relatively transparent and objective indicators, ranks Nepal at the 119th spot out of 250 countries, which is lower than half of sub-Saharan countries and much lower than the economies of the East Asian countries, such as Cambodia. Improvements in the 1990s brought about by the Foreign Investment and Technology Transfer Act 1992 and the enhanced capacity of the private sector have facilitated market entry and investment over the past decade. The foreign investment policy and the institutional framework governing investments have also contributed considerably in this direction.
to attract capital, skills, efficiency and technology of non-resident Nepalese. Nepalese diplomatic missions abroad will be mobilized to promote foreign investments. A high-level investment promotion board will be established to facilitate foreign investments. This board will function as a ‘one-window’ shop for meeting the requirements of projects. Opportunities will be provided to international oil companies for the exploration of petroleum at feasible locations. Efforts to facilitate the entry of foreign investment and technology in the areas of comparative advantage and priority sectors will be made by creating an investment-friendly environment.
v.
vi.
vii.
viii.
(Source: National Planning Commission, Government of Nepal, Interim Plan 20072010)
Government’s Key Policies on Foreign Investment
Tourism
i.
Foreign investment will be encouraged in sectors such as hydropower, tourism, agriculture and non-timber-based high value products, development of education and health-related facilities, financial services, information technology and biotechnology-related industries. ii. FDI will be encouraged in exportoriented industries, natural resources excavation, construction of toll roads and construction of goods management terminal. iii. Individuals interested in investing in the development of infrastructure for dissemination of employment technology, compatible with the existing economic structure, will be encouraged.
Tourism is a very important sector in the country’s economy. It has made significant contributions to the national economy by generating considerable amounts of foreign exchange earnings and employment opportunities. The concepts of ecotourism and village tourism are gradually contributing to poverty reduction in rural areas. Nepal is regarded as a tourists’ paradise because of its varied topographical features. From the lofty snowcapped Himalayan mountains of Everest, Kanchanjunga, Annapurna, Dhaulagiri and many other peaks to fertile green valleys, forests full of wildlife where tigers and rhinoceroses roam, birds and flowers to shrines, temples and palaces 66
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with ageless sculptures, the country provides
seven UNESCO World Heritage shrines
tourists with a fascinating mix of unparalleled natural beauty with a rich and ancient civilization. Trekking, white water rafting and mountaineering are becoming popular tourist activities. The government has implemented a liberal tourism development policy aimed at attracting large flow of visitors in the country. The sector’s contribution to GDP is around 1 per cent, and the foreign exchange earnings for FY2006/07 were equivalent to Rs 9,556 million. (Source: Nepal Tourism Board)
which are together listed as a UNESCO World Heritage Site (Culture). The valley is also home to hundreds of other exquisite monuments, sculptures, artistic temples and magnificent art – reminders of the golden era in Nepal’s architecture. Legend has it that the valley was once a primordial lake ringed by verdant mountains. In this pristine lake lived giant serpents until one fine day, saint Manjushree, the Bodhisatva, raised a mighty sword and in one fell swoop, cut open the side of a mountain at a place now known as Chobar. The voluminous waters of the lake gushed out, leaving behind a fertile valley capable of supporting large urban settlements over the millennia. The Gopal and Kirati dynasties were the earliest rulers here followed by the Lichchhavi (300-879 A.D.), under whom trade and crafts flourished. But the valley’s remarkable cities with
Main Tourist Destinations Kathmandu Valley Kathmandu Valley comprises the three ancient cities of Kathmandu, Patan and Bhaktapur, which were once independent states ruled by the Malla Kings from the 12th to the 18th centuries. The three cities house
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their ornate palaces, the superbly crafted
visit’ places in Nepal.
pagodas and the monumental stupas are testimony of the artistic genius of the Newar craftsmen, the original inhabitants of the valley, whose skills were championed by the Malla kings and appreciated even by the Mongol rulers of 18th century China.
Pokhara once lay on the important trade route between India and Tibet. To this day, mule trains set up camps on the city outskirts, bringing goods from remote Himalayan regions including Mustang. Gurung and Magar, who have earned world-wide fame as fierce Gurkha warriors, are predominant people living here. Thakalis, indigenous of the Thak Khola region of Mustang, are known for their entrepreneurship and run tea houses alongthe trek route in the Annapurna region.
Pokhara Pokhara, situated about 200 kilometers west from Kathmandu, is well known for pristine air. Its spectacular backdrop of snowy peaks, serene lakes and surrounding greenery make it ‘the jewel in the Himalaya’, a place of remarkable natural beauty. With the magnificent Annapurna range forming the backdrop and the serenity of three major lakes – Phewa, Rupa and Begnas – Pokhara is the ultimate destination for relaxation. Pokhara Valley, gateway to the Annapurna region where many trekkers find their Shangri-la, sits high on the list of ‘must
Chitwan In recent years Chitwan tops the list of things to do in the whole of Asia. It is a truly wildlife adventure of a different kind – jungle safaris on elephant backs or jeeps, bird watching, canoe rides and jungle walks. The Chitwan National Park is Asia’s best preserved conservation area, where
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wildlife thrives and their habitats remain intact. Only half-hour flight from Kathmandu, the park lies in the Inner Terai lowlands and consists of Sal forests, tall elephant grasslands, hills, ox-box lakes and flood plains of the Narayani, Rapti and Reu rivers. Enlisted as a UNESCO World Heritage Site (Natural) in 1984, the park spreads over an area of 932 sq. km.
ni, Prince Siddhartha Gautam, who later became the Buddha, was born in 623 BC. The nativity site is marked by a commemorative pillar erected by Mauryan Emperor Ashoka of India during his pilgrimage to the holy site in 249 BC. The inscription on the Ashoka Pillar indentifies the Sacred Garden - spread over 9 sq. km – as the spot where the Enlightened One was born. A large number of Buddhist pilgrims from all over the world visit Lumbini to pray at Mayadevi Temple where excavations have revealed the “marker stone” showing the exact spot where Siddhartha Gautam Buddha was born. The sacred Puskarni Pond where Queen Mayadevi had taken a bath before the birth of Buddha lies to the south of the pillar. It was also in this pond that the infant Buddha was given his first bath. Monuments: To the north of the Sacred
Lumbini Lumbini, the birthplace of Lord Buddha, in the Terai plains of Nepal is one of the greatest pilgrimage sites for Buddhists and others. More than 400,000 Buddhists and non Buddhists visit Lumbini every year. It is also a UNESCO World Heritage Site (Culture) and holds immense archeological and religious importance. Sacred Garden: In the garden of Lumbi70
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Travel XJUI VT
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Hydropower and Minerals
Garden are monastic zones where many different countries have built temples and monasteries depicting different sects of Buddhism. The Myanmar Temple (Lokamani Cula Pagoda) is a shiny gold and white structure that resembles the Shwe-dagon Pagoda of Yangon while the International Gautami Nuns Temple is a replica of the Swayambhu Stupa of Kathmandu. The China Temple, built by the Buddhist Association of China, is a complex of pagodas, prayer rooms and meditation cells. Across the road is the Dae Sung Suk Ga Sa Korean Temple. The Japan Peace Stupa, built by Nippon Jon Kyohoji of Japan, is a 41-m tall structure with four different Buddha statues set into the stupa’s dome facing the four cardinal directions. Other beautiful monuments and temples have been built by Vietnam, Thailand, Mongolia, France, Germany and Sri Lanka. (Source: Nepal Tourism Board, http:// welcomenepal.com)
The hydropower potential of Nepal’s rivers, based on average flow, has been estimated at 83,000 MW, which is one of the largest potentials in the world. The sites that are technically feasible for development could yield an estimated 44,000 MW of installed capacity, and about 95 per cent of this could be expected to be economically viable. Furthermore, the regional electrical grids, to which Nepal’s surplus could be exported, are likely to benefit a lot from the development of prime sites at relatively low capacity factors. However, Nepal has been able to harness only a small fraction of this potential resource so far. By the end of FY2005/06, a total of 556.4 MW (0.67% of the total potential) of electricity has been generated. Power generation from other sources such as thermal and solar energy is also very low: only about 55 MW and 100 KW respectively. Systematic and planned development of water resources started in the early 1990s. A number of medium-sized hydroelectric projects such as 72
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is Karnali (Chisapani) Multipurpose Project, with an estimated capacity of over 10,800 MW and the potential for providing navigation on the Ganges River in the Indian plains. Nepal encourages development of the enormous hydropower potential with financial and technical assistance from foreign countries, multilateral agencies, local and foreign private investors. Recent studies show that, of the available electricity in Nepal, the industrial sector consumes 38.88 per cent, household sector 39.21 per cent, commercial sector 5.17 per cent, export sector 4.89 per cent and other sectors 11.05 per cent. There are some economic deposits of mineral resources which are being exploited. Some of these deposits are of marginal tonnage and grade, while some others require further investigations.
Kulekhani I and II, Trishuli, Devighat, Gandaki, Sunkoshi, Panauti, Marsyangdi and Andhikhola have been completed and commissioned. Seti, Tamakoshi, Upper Karnali, Arun and Budhi Gandaki are some of the hydel projects that have attracted interest of foreign investors. Furthermore, in the past few years, a number of small and micro hydroelectric projects have been supplementing the energy needs of mountain and hill regions. Preliminary studies have identified potential for over half a dozen medium and large hydroelectric projects. Some projects are of such a size that their greatest value for Nepal will be from the perspective of exporting hydroelectric power to neighbouring countries. In addition to power generation, some of the identified projects can bring enormous benefits for irrigation, flood control and inland navigation beyond the Nepalese territory as well. Typical of such project
Infrastructure
Industrial Centres
In recent years, Nepal has shifted significantly in the development and improvement of basic infrastructures required for economic and social development. The urban centres of Kathmandu Valley (Kathmandu, Lalitpur and Bhaktapur), Pokhara and the industrial towns in the Terai (Biratnagar, Janakpur, Bhairahawa, Rajbiraj, Butwal, Nepalgunj and Hetauda) offer good infrastructure for the establishment of medium and large scale industries. The Government of Nepal has specified four zones for the registration of new industries (see Box 3). The zoning of industrial locations is expected to facilitate planned, systematic and healthy industrial development, as well as reduction of industrial pollution 73
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and overuse of infrastructure. Furthermore,
resources in the country for technological
it will facilitate balanced economic development of the country through expansion of investment flows into the underdeveloped and less developed areas of the country. To help new investors start their undertakings without difficulty, the types of industries that are allowed to be established and operated in each zone are clearly specified.
enhancement. This Park has been built in Banepa, 27 km east of Kathmandu. A national policy on information technology, including cyber laws, has been introduced. The government has opened up VSAT, Internet Pager, video conferences and several other related services for private and other enterprises to facilitate the development of information technology. It is a 100 per cent export oriented scheme for the development and export of computer software using data communication links, including professional services.
Industrial Estates With a view to accelerate industrialization by setting up various physical infrastructures and facilities for the establishment of industrial enterprises, the Government of Nepal has established 11 industrial estates in different regions of the country. These are located in Balaju, Patan, Bhaktapur, Hetauda, Pokhara, Dharan, Butwal, Nepalgunj, Birendranagar, Rajbiraj and Dhankuta.(For details, see Appendix 17.)
Special Economic Zone A special economic zone (“SEZ”) is a tax free zone with industries and trading houses especially geared towards manufacturing exportable products. It combines both manufacture and trading activities. The purpose of SEZ is to establish modern and scientific manufacturing units in designated industrial estates by offering suitable incentive packages for foreign and local investors without bureaucratic hassles. Though, SEZs are for both local and foreign investors, they are mainly aimed at attracting foreign multinationals investment companies. It will ultimately generate employment and enhance technical capability of local investors. The Government of Nepal has decided to establish SEZs in the periphery of Birgunj in Parsa District, Panchkhal in Kavre District and Ratmate Jilling in Nuwakot District. Prefeasibility studies on establishment of SEZs in these locations have already been completed. The land where a SEZ is proposed to be established in Birgunj has already been acquired and preliminary development work has been initiated.
Industrial zones in Nepal • • •
•
Zone 1: Municipality areas within Kathmandu Valley Zone 2: Municipality areas outside Kathmandu Valley Zone 3: Municipality areas of Biratnagar, Dharan, Pokhara, Birgunj, Janakpur, Siddharthanagar, Butwal and Nepalgunj Zone 4: Municipality areas other than those mentioned in Zone 3
Technology Park A Technology Park Project has been initiated under the Ministry of Industry for development and promotion of information technology services. The purpose of the technology park is to set up computer and related high-tech industries in Nepal by utilizing the educated but unemployed human 74
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The Government of Nepal has recently
Nepal Transit & Warehousing Company Ltd,
announced its decision of transforming the existing industrial estate at Rajbiraj to a SEZ. Similarly, a garment processing zone is to be set up in Simara. Further studies will also be conducted for setting up SEZs at Nepalgunj, Kailali and Kanchanpur. Legal provisions are being enacted for SEZs. The construction of an inland container depot (“ICD”) at Birgunj has greatly facilitated exports. As the ICD is also connected to a broad gauge railway line, it will help for establishment of a SEZ in Birgunj, from where the goods to be exported could be transported direct to Kolkata, India port by rail. Being close to India border, Birgunj enjoys comparative advantage in exporting goods to different places of India as well as in importing raw materials to Nepal.
a public limited company, and other private Nepalese and Indian clearing agents have offices at Kolkata and Haldia ports for such purpose.
Telecommunications The Telecommunications Policy 2003 aims at optimal utilization of the past achievements as well as the future possible opportunities through very fair competition for the benefit of the Nepalese people. Nepal Telecommunication Authority has issued about 165 licences so far. Among others, two basic telephone services, two cellular mobile service, thirty three Internet (including e-mail) service, 111 v-sat service providers, one video conference service, three GMPCS service, one rural telecommunication service, one local data network service and four limited mobility service. As of Mid-March 2007, 2,549 village development committees (“VDCs”) have access to telephone services. Telecommunication companies have distributed approximately 1.7 million telephone lines until Mid-March 2007. Out of this figure, 502,615 are fixed lines, 1,344,117 lines under WLL technology, 40,975 lines under limited mobility and 108,767 lines were under post-paid mobile phones. Similarly, the number of prepaid mobile phone and GMPCS users reached 933,052 and 92 respectively. The number of Internet users reached 249,385. In order to cater for the people living in remote areas, CDMA technologybased telephone and mobile services are being distributed.
Transit Formalities for Goods Entering Via Kolkata Kolkata and Haldia ports are the only seaports permitted by Indian Government for transit of Nepal bound sea cargo. In addition to these two ports, India has also designated Mumbai Port for transit of Nepal bound cargo. After clearance by Indian port and customs authorities in Kolkata, the cargo will be transported by rail or road to Indo-Nepal border.
Appointment of Clearing Agent The importer has to appoint and authorize a clearing agent in Kolkata and that has to be duly registered with the Indian port and customs authorities. The clearing agent is responsible for clearing the cargo from the shipping line and Indian port and customs authorities, and for forwarding it to a relevant land customs post at the Indo-Nepal border.
Postal Services The country’s General Post Office 76
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(“GPO”) is located at New Road, in the heart
2,048 km lines have been brought under op-
of the capital city. The GPO opens for public from 9 am to 4 pm (Sunday to Friday), and sells stamps, postcards and aerograms for mailing purpose. A postal network is spread throughout the country. Some hotels, communication centres and bookshops also mail goods through post for additional charges. In addition, a few international private courier services operate through their branch offices in Nepal.
eration at the end of FY2005/06. Currently, 132 KV (20 km) and 33 KV (524 km) transmission lines connecting different places are under construction. The total supply of electricity in FY2005/06 was 2,777.41 Giga Watt Hours (GWH), whereas it is anticipated to reach 3,094.6 GWH in FY2006/07.
Financial Institutions The financial system in Nepal consists of Nepal Rastra Bank (“NRB”), the central bank of Nepal, seventeen commercial banks and nineteen development finance institutions. The NRB’s main role is to regulate and supervise the banking institutions in Nepal. In addition, it issues currency, determines the daily buying and selling rates of foreign currencies, and implements the country’s monetary policy to secure financial stability and economic growth. Industrial, agricultural and commercial credits are provided by commercial banks through their branches spread throughout the country and by a number of development banks, finance companies and cooperatives.
Electricity Of the total generated hydroelectricity of 556.4 MW, 550.225 MW is connected to the national grid. The remaining electricity is supplied to different local areas. Furthermore, 114 MW power projects of various capacity developed by the private sector will start production soon. The private sector’s interest in relation to the production of electricity has been encouraging and equally remarkable. High voltage transmission lines of 132 KV in 2,076 circuit km, 66 KV underground cables in 7 circuit km and 33 KV capacity in
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Commercial banks provide industrial term
banking authority have reached 2,912 by
loans and short-term working capital loans to individuals and industrial enterprises. Nepal Bank Limited and Rastriya Banijya Bank are domestic commercial with wide networks in the country. Nine foreign joint venture banks, viz Nepal Arab Bank, Nepal Investment Bank, Standard Chartered Bank, Nepal SBI Bank, Himalayan Bank, Everest Bank, Bank of Kathmandu, Nepal Bangladesh Bank, Nepal Industrial and Commercial Bank, Citizen Bank, Global Bank and Prime Bank, and ten other commercial banks under domestic investment also provide full-fledged banking services in Nepal. Open market exchange rates are determined everyday by commercial banks themselves. Citibank, American Express Bank and Union European de CIC run representative offices in Kathmandu. Both the
2006. Similarly, twenty-one insurance companies, including one joint venture, are currently in operation in the country. These insurance companies, which have head office in Kathmandu and branches elsewhere, provide insurance coverage for business enterprises.
The Land Reform Act 1964 imposes land ceilings of 16.4 hectares (“ha”) per family in the Terai, 2.7 ha in Kathmandu Valley and 4.1 ha in the hilly region. However, the ceilings could be relaxed for industrial purposes with prior government approval. Land can be either purchased for industrial purpose from private owners by companies or obtained on long-term lease in industrial estates, export
number and size of banks, finance companies and insurance companies have continuously been increasing as a result of the Government’s liberal policy to such effect. The number of finance companies has reached 110 and cooperative societies with limited
processing zones (“EPZs”) and SEZs. The government has fixed prices of land for the revenue purpose, but the price of private land varies, depending upon location and accessibility, and transactions are based on negotiations.
Land
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Hotels, Housing, Education and Recreation
Corporate Income Tax
The capital city, Kathmandu and Pokhara are well equipped with five - star and other categories of hotels, guest houses and motels. A number of restaurants offer a variety of international cuisines. Most of the restaurants are located in the main tourist hubs, i.e. Thamel, close by 10 pm, but a number of bars are open for business until midnight. Western style houses with modern amenities are available on rent in Kathmandu. International schools in Kathmandu provide quality education for expatriates’ children. Recreational facilities are available for expatriates in international clubs and in some hotels. For adventurous, Nepal offers plenty of opportunities in the form of trekking, mountaineering, white water rafting, mountain flight, paragliding, rock climbing, bungee jumping, hot air ballooning, mountain biking and so on. There are four casinos in different hotels in Kathmandu and offer 24 hours of nonstop fun and games like baccarat, blackjack, flush, poker, pontoon, roulette and other card games and slot machines. There are also discotheques for fun.
The structure of corporate tax for private & public companies, other organizations, including private firms, is as follows:
Personal Income Tax Taxable income includes profit from businesses, income from salaries, along with other benefits provided by the employer, income from house rent, interest, dividends and income from other sources. The marital status of a person determines the rate of tax relief that he/she is entitled to. The exemption limit is as follows:
Single earning Annual basic exemption amount : For individuals Rs 115,000 For family/couple Rs 125,000 Taxable income and tax rate: On income up to Rs 75,000 beyond the exempted amount 15% On all further incomes exceeding taxable income of Rs 75,000 25%
Foreigners Foreigners living in Nepal for 183 days or more of any fiscal year are considered residents and their income in Nepal is subject to 25% per cent tax payable to IRD.
Taxation The Ministry of Finance looks after overall administration of the Government of Nepal’s fiscal and monetary policies. The Inland Revenue Department (“IRD”) enforces tax laws. The IRD is also responsible for administering value added tax (“VAT”), excise duties and direct taxes, including individual income and corporate taxes. It also monitors the non-tax revenues from dividends, royalties, etc. The other matters relating to duties on imported products are administered by the Department of Customs.
Other income taxes: • •
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Export business: 75% of prevailing tax rate Dividend tax: 5% for residents and 10% for non-residents (in case of companies listed with the Securities Board) and 10% for residents and 15% for non-residents (in case of companies not listed with the Securities Board)
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•
•
•
Capital gain tax: 10% for individual income
•
A return is not submitted in time.
derived from shipping, air transport, telecommunications, etc Repatriated income of a foreign permanent establishment of non-resident persons: 10% All incomes attracting 15 per cent or more tax for entities and attracting 25 per cent for individuals: Additional 1.5%.
•
An incomplete or incorrect return is identified. A VAT return is found to be fraudulent. A tax officer has reasons to believe that the amount of VAT is understated or incorrect.
• •
Excise Duties Under the Excise Act 2001, excise duty is levied on both domestic products and imported goods. Imported goods are subject to an equalizing duty levied at the rate of the excise tax applicable to the domestic products listed in the Financial Act. The rates may be ad valorem or specific. A licence is required to produce, import, sell or store excisable goods and services. Excise duties will be levied on excisable goods or services in the case of, and on the basis of: • Domestically produced goods at the time when goods are produced and on the basis of ex-factory price, • Imported goods, at the time when goods enter into Nepal, and on the basis of c.i.f. value, and • Services, at the time when an invoice is issued to the consumer. • Depreciation • The depreciable amount of assets owned and used by a taxpayer, i.e. business enterprise, during a year of production is deductible from his/her taxable income.
Royalties and fees Royalties, technical services fees and management fees are taxed at a concessionary rate of 15 per cent. Interests on foreign loans are taxed at the rate of 6 per cent.
Value Added Tax (“VAT”) The Value Added Tax Act 1996 specifies the framework of the Nepalese VAT system. VAT is collected at the sale of goods or services. It stipulates a consumption type VAT, using the credit method, which is based on a destination principle and extended to retail level. Small vendors are kept outside the VAT net through a threshold. The existing threshold is Rs 2 million. Similarly, importers having commercial imports of less than Nepalese Rs 10,000 at a time are not required to register for VAT purpose. VAT is levied with a single positive rate of 13 per cent, while exports and some imported items are zero-rated. Goods and services of basic necessities, agricultural products and some other items are exempted from VAT. In accordance with Section 5 of the Value Added Tax Act 1996, such exemption is also extended to imports and domestic products of that nature. VAT is based on the principle of self- assessment. Official assessment is made only in the following circumstances:
Foreign Investment Policy Priority to Foreign Investment Nepal has given high priority to foreign investments. The Foreign Investment and Technology Transfer Act 1992 lays down the 80
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basic tenets governing foreign investment in the country. The Industrial Policy 1992
consultancy, management and marketing services.
identifies foreign investment promotion as an important strategy for achieving the objectives of increasing the industrial production to meet the basic needs of the people, create maximum employment opportunities and pave the way for improved balance of payments (“BoP”). Foreign investment is expected to supplement domestic private investments through foreign capital flows, technology transfer, improved management skills and productivity, and enhanced access to international markets. In this context, the Government of Nepal is encouraging foreign investments in Nepal by pursuing relatively liberal and open policy which offers attractive incentives and facilities.
Areas Open for Foreign Investment Nepal encourages foreign investment both as joint venture operations with Nepalese investors or as 100 per cent foreignowned enterprises. It also allows and foreign investment in all but a few sectors of the economy. The few sectors that are not open to foreign investment are either reserved for national entrepreneurs or are restricted for national security reasons. Approval from the Government of Nepal is required for foreign investment in all sectors. No foreign investment is also allowed in cottage industries (listed in Appendix 13) with no restriction on transfer of technology in such industries. Sectors Restricted for Foreign Investment • Cottage industries (for details, see Appendix 13) • Personal service businesses such as hairdressing, beauty parlour, tailoring, driving training, etc • Arms and ammunition industries • Explosives and gunpowder • Industries related to radioactive materials • Real estate business, excluding construction industries • Motion pictures business produced in ethnic languages and the language of the nation • Security printing • Currencies and coinage business • Retail business • Internal courier service • Atomic energy • Poultry farming
Forms of Foreign Investment • • • •
Foreign investment is welcome mainly in three forms, which are as follows: Investment in shares (equities) Re-investment of earnings from foreign investment and Investments made in the form of loan or loan facilities.
Technology Transfer The Foreign Investment and Technology Transfer Act 1992 defines ‘technology transfer’ as any transfer of technology to be made under the agreement between an industry and a foreign investor in the following matters: • Use of any technological right, specialization, formula, process, patent or technical know-how of foreign origin, • Use of any trademark of foreign ownership, and • Acquiring of any foreign technical, 81
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•
Fisheries, and
Technology Park are granted a further
•
Beekeeping
income tax rebate of 25 per cent.
Approval Criteria
Concessional Rates of Customs Duty, Excise Duty and Refunds
Upon granting approval for foreign investment involving new investment, modernization, diversification or expansion, the projects will be assessed, taking into account the following criteria: • Priority sectors designated by the Government • Financial and technical viability • Contribution to employment generation • Foreign exchange earnings or savings • Competitiveness of products in the international market • Appropriateness of technology • Terms and conditions of investment and technology transfer, and • Participation of Nepalese nationals in investment and management.
•
•
•
Incentives and Facilities Income Tax Rebates Industries may calculate depreciation of fixed assets by adding one-third to the rate of depreciation allowed under the existing income tax law. • Industries are also entitled to reductions of up to 50 per cent from the taxable income for investment in environment control processes and equipment. •
•
•
After an industry comes into operation, 10 per cent of the gross profit may be deducted from taxable income on account of expenditures related to technology, product development and skill improvement. Information technology-related enterprises established in the Information
•
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Manufacturing industries importing plant, machinery and equipment required for direct production process falling under chapter 84 of the harmonized customs classification are entitled to a 50 per cent rebate on the applicable customs duty and to full exemption from sales tax. If any industry sells its products to the Export Promotion House, the customs duty and VAT imposed on raw materials and the VAT imposed on the finished products and excise duty will be reimbursed on the basis of quantity sold or exported. Industries established and operating in remote, undeveloped and underdeveloped areas, as mentioned in the appendix of the Industrial Enterprises Act, are entitled to 35, 25 and 15 per cent rebates respectively on the excise duty from the date of operation. If any industry not using the bonded warehouse facilities uses imported raw materials, chemicals and packing materials, etc on which VAT is already imposed and exports its products thus produced, VAT so imposed will be refunded. If any industry sells its products within the country in any convertible foreign currency, the excise duty, VAT and the premium levied on such products and the customs duty, excise duty and VAT levied on the raw materials, auxiliary raw materials, etc used in such products are refundable. The revenue to be so
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•
reimbursed will be refunded to such
by the Department of Customs. The quantity
industry within 60 days of submission of an application to that effect. The customs duty, VAT, excise duty and the premium levied on the raw materials of any intermediate goods to be used for the further production of exportable goods, and VAT and excise • Machinery, equipment, tools, instruments and raw materials used by an export-oriented industry are not subjected to any tax and fees. However, if such industry sells its products in the domestic market, it shall pay applicable taxes and fees based on the quantity sold.
of such raw materials used for manufacturing of exportable products is deducted from the quantity entered in the passbook upon export of finished product. However, the industry must also submit a bank guarantee sufficient to cover the duties. The finished product must be exported within 10 months from the date of import of raw materials. The industry intending to avail of such facility must apply to the Department of Customs, along with the following documents: • Company registration certificate • Memorandum and articles of association • Industry registration certificate • Photocopy of the letter of credit (L/C) indicating the nature, value and quantity of raw materials to be imported • Lease contract, if the building of the industry is rented, or land registration certificate, if the company owns the land • Recommendation from the Garment Association of Nepal, if the industry is a garment unit, and • Bank guarantee.
Duty Drawback Any duties or taxes levied on the raw materials, auxiliary raw materials, etc used for producing goods for export/deemed export are entitled to get refund of such duties and taxes based on the quantity of export. The application for this must be submitted within a year of the date of export. The application form to this effect should include the original documents, viz: • Customs declaration form of the import of raw materials (Aayaat Pragyapan Patra) • Receipt of duty payment • Calculation of the raw material used • Sales invoice • Certificate of receipt of payment, and • Copy of the agreement with the buyer
Opening of Foreign Exchange Account Foreign and local companies conducting export businesses and export-oriented industrial companies can open and operate foreign exchange accounts in any commercial bank in Nepal. Industries incorporated as 100 per cent foreign-owned or as joint
Bonded Warehouse Facility
venture may also open foreign exchange accounts to put in the equity share of the foreign party in a convertible currency. This can only be used to import equipment, plant and other fixed assets for the industry. Real Estate Property RightsThe Land Acquisition Act grants the Government the
Export-oriented industries may obtain the bonded warehouse facility. The raw materials for the products of such nature can be imported without paying any customs duty or sales tax by just entering the details of such transactions in a passbook made available 83
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right to acquire any land for public purpose. However, the Industrial Enterprises Act 1992
•
protects companies against nationalization. Nepal’s Interim Constitution 2007 recognizes the right to property and guarantees appropriate compensation in case of acquisition of private property as provided by the related law. Acquisition of real estate property by foreigners in Nepal is restricted. Foreigners who wish to purchase immovable property must obtain permission from the government. So far, only foreign embassies have been allowed to buy immovable property. However, foreign companies registered with the CRO can purchase immovable property for industrial purpose without government permission. The Land Act 1964 imposes a ceiling on the land that an individual or a company can own. Exemption will be granted if a company demonstrates the need for additional land. Businesses related to tea estates, agricultural farms, horticultural farms, animal farms, sugar manufacturing, agro- forestry, hotels and resorts, etc are entitled to such exemption.
equivalent in convertible currency in an industrial enterprise in Nepal at one time will be granted a residential visa for himself/herself and his/her dependents so long as he/she maintains his/her investment. The Department of Immigration provides information on the procedures for applying for different types of visa.
Business Visa Business visa is granted to the following categories of foreigners and the members of their families on the recommendation of the Department of Industry (DoI): • Foreigners having permission to invest in any business or industrial enterprise within Nepal or authorized representatives of such investors • Foreigners having permission to engage in export trade in Nepal • Foreigners visiting Nepal from a third country who export goods manufactured in Nepal through direct purchase or who place purchase order for export. • Documentary Requirements in Application Procedure • Industry registration certificate to invest in any business or industrial enterprise in Nepal • Recommendation from the ministry or
Visa Arrangements The Immigrations Rules 1994 specifies the different types of visa that can be issued to foreign investors. • A foreign investor will be granted a non-
•
A foreign investor investing in lump sum an amount of US$100,000 or its
tourist visa for six months to undertake study with the objective of investing in Nepal. A foreign investor and/or his/her dependents or authorized representative and his/her dependents will be granted a business visa until his/her investment is retained.
• • •
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department concerned Six copies of application form, along with photographs, and A copy of passport containing recent Nepalese visa. Business visa is issued for five years at a time with multiple entry. Foreigners engaged in export business from Nepal
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may stay for up to 90 days at a time.
iv. Persons investing at least US$100,000 at one time in an industrial enterprise in Nepal v. Any foreigner intending to spend life in Nepal without carrying out any business.
Visa Issuing/Renewal Authority In Nepal, the Department of Immigration has been designated as the visa issuing and renewing authority. The visa fee is US$100 for one year with multiple entry and US$250 for five years with multiple entry.
Documentary Requirements in Application Procedure:
Residential Visa
i.
Six copies of application form, along with photographs ii. Registration certificate of the industrial enterprise iii. A copy of passport iv. A copy of the last Nepalese visa, if any
The following categories of foreigners and members of their families intending to spend life in Nepal may be granted residency visa: i. Persons of international repute ii.
Persons capable of rendering outstanding contributions to the economic, social and cultural development of Nepal iii. Persons who have renounced the citizenship of Nepal and hold foreign passport with or without obtaining foreign citizenship and who intend to resettle in Nepal
v. Bank statement showing expenses equivalent to US$20,000.00 per year vi. Health certificate, only for those foreigners who intend to settle in Nepal but are not engaged in any business vii. No objection letter from the Ministry of Home of Nepal, and viii. For those who have stayed in Nepal in 85
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other visa, character certificate from the
•
consulate, embassy or government of their country or Nepalese authorities.
Tourist Visa Tourist visa can be issued by the Nepalese embassies or consulates or other missions abroad or by immigration offices in Nepal for various durations. Single-entry visa of sixty days from the date of entry can be obtained on payment of US$30. Similarly, multiple-entry visa can be obtained by paying additional US$50 or equivalent convertible foreign currency. Such facility will be valid for a visa year (ie January-December) if the passport period is valid. A tourist visa can be extended for up to 120 days. Other relevant information to be considered by tourist visa holders is: • A tourist may stay in Nepal for up to 150 days in the visa year.
• •
• •
•
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A tourist must extend his/her visa before the expiry of the validity period. A tourist who does not comply with these regulations is liable to a fine and other prosecutions as prescribed in the Immigration Act and Rules. A foreigner in Nepal on a tourist visa may not work with or without remuneration. A foreigner may not carry out any work other than that for which purpose she/ he has obtained the visa. NRN Visa In recognition of the important contributions made by the people of Nepalese origin living abroad, the Government of Nepal has decided to introduce a relatively easy and long visa regime for them. If any foreigner of Nepalese origin residing in a foreign country wishes to stay or conduct business, profession or study, or teach in Nepal, non-residential
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•
•
visa may be issued to him/her and his/
sion for investment, it will specify the facili-
her family. An application for visa should be submitted in the prescribed format through the Nepalese mission located in the foreign country or direct to the Department of Immigration. Visa may be issued for up to 10 years at one time, and may be extended as per need. (For details, visit www.doind.gov. np/pdf/ manual.pdf.)
ties and concessions the investor is entitled to. The applicant is required to apply for registration of his/her company with the CRO within thirty five days from the date of receipt of such permission.
One-Window Service The GoN has constituted a one-window committee to provide under one roof all facilities and concessions the investors are entitled to. Accordingly, the DoI has been made responsible for issuing licences, and providing facilities and other administrative services to industries, including those established with foreign investment and/or technology transfer arrangements. A committee comprising the Director General of the DoI as coordinator and seven other members has been formed to provide quick and efficient service on infrastructure and other matters of primary concern to investors. This committee attends to the needs of investors on the supply of water, electricity and telecommunication facilities; import of machinery, raw materials and spare parts; duty drawback refund and all other facilities required by investors.
Industrial Promotion Board Foreign investors wishing to invest in Nepal as 100 per cent foreign-owned enterprises or as joint venture investments are required to apply to the DoI on a prescribed form (see Appendix 2), along with a detailed feasibility report. The application form calls for information such as on project highlights, total capital investment, sources of finance, plant capacity, location of project, machinery, equipment and raw material requirements and the specific contributions to be made by the foreign investor (and the local investor in case of a joint venture project). The DoI evaluates the project proposal and grants permission to industries with fixed assets of up to Rs 2,000 million within 30 days from the date of application. In case of industries with fixed assets in excess of this limit, the DoI submits its recommendations to the Industrial Promotion Board (IPB) for approval.
Provisions of NRN Investment The GoN has recently enacted a law relating to non-resident Nepalese (NRNs). The law, which was in the form of an ordinance,
The IPB is the highest governmental body responsible for the approval of projects. It consists of the Minister for Industry as chairperson, nine other members and a member secretary. The DoI notifies the applicant about the decision of the IPB within thirty days from the receipt of application. While granting permis-
came into effect from May 2006.
Visa Provision for NRNs NRNs are issued identity cards upon completion of simple formalities. If the person obtaining an identity card is a foreign citizen of Nepali origin and is willing to live in Nepal or do business in Nepal, he/she will 87
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be granted a non- resident visa for ten years
business or employment and not living in
at a time.
Nepal for a period of two years or more. A foreign citizen having origins in Nepal, i.e. the person himself or his father or mother or grandfather or grandmother being a Nepali citizen earlier and at present obtained citizenship of a foreign country other than SAARC nations. • NRNs investing in a convertible foreign currency may conduct business in Nepal as Nepali citizens so long as their investments remain in Nepal. In accordance with this law, all facilities which are provided for foreign citizens investing in a convertible foreign currency in Nepal will be granted to NRNs investing in Nepal. •
Investment Facilities for NRNs •
•
•
• •
•
NRNs with identity cards can open bank accounts in foreign currencies. They may invest in Nepal in foreign currencies in any of the areas open to foreign investment or in joint ventures having 50 per cent or more of foreign or NRN investment in shares. Such NRNs will not be compelled to declare the source of the amount invested. NRNs may repatriate the amount of investments and profit from their investment in a convertible foreign currency so long as they maintain their NRN status under the law. NRNs may purchase land in specified areas and construct residential houses only for their own use. NRNs’ initial capital investments in Nepal are not taxed. NRNs can remit up to Rs 1,500,000 to their relatives holding Nepalese citizenship, without paying tax on such amounts. Donations made by NRNs to nonprofitmaking social, religious, educational, cultural, welfare, sports or natural calamity relief organizations will not be taxed.
Investment Procedures Before making an equity investment in Nepal or entering into a technology transfer agreement with a Nepalese company, foreign investors have to obtain approval from the DoI. However, for equity investment in a new venture, foreign investors have to undergo the following additional procedures as well: • Incorporation of company with the CRO, • Registration of industry with the DoI, • Registration with the Inland Revenue Office to get a Permanent Account Number (PAN), and • Others, if applicable (such as trademarks/
Categories of NRN The Act on non-resident Nepalese (NRN) categorizes NRNs into three groups: • A person of Nepali origin having foreign citizenship or a Nepali citizen residing in a foreign country • A Nepali citizen residing in a foreign country other than SAARC member states, engaged in some occupation or
design/patents) The procedures for seeking approval for foreign investment and technology transfer, company registration, industry registration, tax registration and other related official procedures are described in the following sections.
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Potential Projects Potential projects identified for foreign investment Agriculture and Agro-based Industry 1
Cultivation and processing of vegetables, flowers, fruits and ornamental plants.
2
Production of vegetables and flowering seeds
3
Cultivation and processing of herbs, coffee and tea
Exports and domestic markets
4
Development of tea industry
Export and domestic market
5
Cultivation of sugarcane and processing of sugar
Domestic market
6
Tissue culture
Export market
7
Integrated livestock, dairy and milk powder
Export and domestic market
8
Baby food and nutritious food
Domestic market
Oil seed processing and oil extraction
Domestic market
10
Export market: Asia, Middle East, Arab countries and Europe Export and domestic market
Manufacturing Industry 1
Light engineering industries
Export and domestic market
2
Electric arc furnace
Domestic market
3
Leather products
Exports and domestic markets
4
Pharmaceutical products
Domestic market
5
Ceramics
Export and domestic market
6
Writing, printing and newsprint paper
Domestic market
7
Organic fertilizer
Export market
8
Saline and dextrose
Export and domestic market
9
Surgical cotton and bandaging industry
Domestic market
10
Chemical fertilizers
Domestic market
11
Pesticides, insecticides
Domestic market
12
Industrial chemicals
Domestic market
13
Glass bottles, containers
Domestic market
14
Domestic electrical appliances
Domestic market 89
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15
Electric power capacitors and condensers
16 Irrigation pumps 17 Bicycles
Domestic market
18
Bleaching powder
Domestic market
19
Agriculture lime
Domestic market
20
Chalk
Domestic market
21
Yeast
Domestic market
22
Malt
Export and domestic market
23
Dry cell battery
Export and domestic market
24
Assembly of electronic components
Export market
25
Starch, glucose and fructose syrup
Domestic market
26
Cane furniture industry
Domestic market
27
Specialty paper
Domestic market
28
Video cassette
Domestic market
29
Cold rolling mill
Domestic market
30
Aluminium rolling mill
Domestic market
31
Toilet and laundry soap
Export and domestic market
32
Caustic soda
Domestic market
33
Mineral water bottling plant
Export market
34
Sugar industry
Domestic market
35
Essential oils and resinoids
Export and domestic market
36
Hand tools
Domestic market
37
Professional occupational tools and instruments
Domestic market
38
Medical instrument and tools
Domestic market
39
Fuel-conserving instruments
Domestic market
40
Pollution preventing accessories
Domestic market
90
NEPAL
Textile and Apparel Industry 1
Integrated textile mill
Domestic market
2
Textile processing-dyeing and finishing
Domestic market
3
Woollen knitwear
Exports and domestic markets
4
Acrylic and polyester fabrics
Domestic market
5
Dhoti and saree
Domestic market
6
Terry towels
Export market
7
Bed linen
Export and domestic market
8
Readymade garments
Export market
9
Spinning mill
Export and domestic market
10
Grey cloth
Export and domestic market
11
Leather shoes
Export and domestic market
12
Canvas shoes
Export and domestic market
13
Sericulture and silk production
Export market
14
Hand-knitted sweaters
Export and domestic market
15
Other footwear
Export and domestic market
16
Alcohol and cigarettes
Construction Industry 1
Building hardware
Domestic market
2
Stone industry cutting and polishing
Exports and domestic markets
3
Stone aggregates
Exports and domestic markets
4
Bricks (dry press)
Domestic market
5
Plywood
Domestic market
6
Cement (large) plant
Domestic market
7
Cement (mini) plant
Domestic market
8
Floor and wall tiles
Export and domestic market
9
Housing and apartment buildings
Domestic market
10
Varnish, paints and allied products
Domestic market
91
NEPAL
11
PVC pipes and allied products
Domestic market
12
Aluminium extrusions
Domestic market
13
PVC doors and windows
Domestic market
14
Slate, granite and cement
Domestic market
Tourism Industry 1
Resorts, hotels and motels
2
Cable car complexes
3
Rafting equipment
4
Sightseeing and mountaineering
5
Travel agencies and tour operation, pony trekking
6
Hot air ballooning and paragliding
7
Horse riding, water rafting and trekking
Service Industry 1
Air freight forwarding services
2
Sea freight forwarding services
3
Nursing homes
4
Carpet washing
5
Air services
6
Computer software development
7
Data entry services
8
Photo scanning and offset printing
Mineral Resources and Mineral-based Industry 1
Limestone exploration and cement production
2
Petroleum exploration and exploitation
3
Natural gas exploration and exploitation
4
Processing of gravel, boulder, marble, stone
5
Exploration and exploitation of quartz 92
NEPAL 6
Glass production from silica sand, quartz and quartzite
7
Production of limestone, magnetite, talc, marble, dolomite, quartzite, coal, lignite, salt, red clay, tourmaline, kyanite, quartz, zinc, lead, etc
Energy Industry: 1
Hydroelectric plants
2
Solar energy
3
Biogas
4
Wind energy
Important Steps While Starting an Industry: Important steps Actions to be taken
Approximate
Collection of preliminary information on Nepal
Collect background information on Nepal; visit Nepalese missions, UNIDO, IPS offices, etc for information; request FIPS, DoI, CRO, FNCCI, CNI, NRN office, etc in Nepal for required information.
–
Development of project concept
Hold interactions between foreign and Nepalese investors; consult brochures, guides, economic reports, etc.
Investor’s discretion
Selection of project
Enter into preliminary agreement between foreign and local investors; brief DoI on proposed application
–
Checking of partners’ credentials
Exchange information on respective companies; consult commercial banks, embassies, FNCCI, foreign chambers of commerce and industry, etc.
–
Feasibility study
Identify consultant(s) for detailed study.
3-6 months
Application to DoI
Fill in the application form and submit three copies of project feasibility report and three copies of joint venture agreement to DoI.
–
Processing of application
DoI evaluates the submitted project proposal and grants permission for up to two billion rupees in fixed assets and recommends to the IPB for approval in case of projects exceeding fixed assets mentioned above. IPB examines the recommendations and takes decision on project.
30 days
Formation of company
Prepare memorandum and articles of association and submit them to the CRO for registration; contact management consultancy and legal firms to prepare papers. The CRO registers the company.
Within 21 days
NEPAL
Financial package for investment
Approach banks, foreign financial institutions with licence, feasibility report and formal application for loans
Concurrently with application to DoI
Selection of site, acquisition and construction of factory
Local and foreign partners decide on site, acquisition/ purchase, civil design, estimation, selection of contractor and award of contract for construction.
6-12 months, depending on the nature of project
Installation of utilities
Contact DoI to facilitate speedy connections of electricity, water, telecommunication facilities; contact Nepal Electricity Authority, Nepal Telecom, Water Supply and Sewerage Corporation for installation of facilities.
Concurrently during construction phase
Plant and machinery and foreign exchange
Select plant and machinery and open letter of credit through commercial banks.
2-3 months
Commissioning of plant
-
-
Trial production
-
-
This list is not final and exhaustive. There are more potential areas. Potential investors may propose other projects in which they are interested to make investment.
finance companies extend long-term and short- term financial requirements.
Useful Information
All industries producing goods and services are required to submit annual production and transaction data to the Department of Industry in the prescribed format.
Submission of Production Data to Department of Industry
Industrial Factor Costs The costs of industrial sites, construction costs, office and residential house rents may vary from place to place, depending upon location.
Determination of Raw Material Consumption Norms The Department of Industry has prepared norms for the consumption of raw material for various products. Such norms are essential for various purposes such as for export to India, to avail of bonded warehouse facilities, tax assessment and so on. If the Department of Industry has not yet prepared norms for a particular product, the industry concerned may apply to the Department of Industry in the prescribed format, along with
Project Financing There are a number of financial institutions for long and short-term debt financing in Nepal. The general norm of debt equity ratio is normally 2:1, but it may vary subject to negotiation. For large-scale industries requiring huge financing, consortium financing is also provided, one bank being the lead bank. Commercial development banks and 94
NEPAL
the following documents:
nominations of Rs 10, 5 and 2, Rs 1 and 50 paisa. One rupee equals 100 paisa.
i. ii.
Industry registration certificate Production process, including flow chart indicating ratio of wastage iii. Detailed list of plant and machinery, and iv. Production and material consumption data for one year.
Wiring of Money Money can be wired through money transfer agencies or through banks. The major Nepalese banks use SWIFT system to negotiate wire transfers. They also have accounts in world banking centres to expedite transfers to and from Nepal.
Electricity Nepal Electricity Authority is the sole authority for supplying electricity to all types of consumers in Nepal. For household purpose, electricity bill ranges from US$25 to US$50, depending on the type of house you live in and your consumption pattern thereon.
Foreign Currency Foreign currency should be exchanged only through authorized exchange centres. Foreign exchange receipts should be retained as they are required to obtain trekking permits and visa extensions and to convert back the surplus Nepalese currency upon departure.
Money and Banking Major banks, hotels and the exchange counters at Tribhuvan International Airport and elsewhere provide foreign currency exchange services. US dollar traveller’s cheques can be purchased from American Express and other major banks in Kathmandu. Banks typically charge 1 per cent of the face value to cash traveller’s cheques.
Customs All baggage must be declared and cleared through the customs at the port of entry. Foreign visitors can bring in up to 200 sticks of cigarette. 50 cigar sticks and one bottle of liquor duty free. There are restrictions on exporting certain items of archaeological or historical value, antiques and precious and semi-precious stones. Such items bought by visitors must be checked and cleared at the Department of Archaeology before being shipped out of Nepal.
Automated Teller Machine (ATM) Most of the commercial banks offer ATM services in their branches of different locations. Foreigners can get cash advances through Visa Card, Master Card and other credit cards from these banks. These services are accessible 24 hours.
National and Public Holidays
Banks
Holiday in Nepal is commonly a non working day. List of national and public holidays, and Nepali months and their equivalent Gregorian calendar months are in the following table:
Currency and Exchange Rates Exchange rates are published in English daily newspapers. Nepalese rupee is found in denominations of Rs 1000, 500, 250, 100, 50, 20, 10, 5, 2 and 1. Coins are found in de95
NEPAL
National & Public Holidays
Month
1
Prithvi Diwas
January
2
Shahid Diwas
January
3
Prajatantra Diwas
February
4
Falgun Purnima
March
5
Mahashivratri
March
6
Ramnawami
March
7
New Year
April
8
Buddha Jayanti
May
9
Children’s Day
August
10
Raksha Bandhan/Janai Purnima
August
11
Krishna Janmashtami
September
12
Ashtami
September
13
Vijaya Dashami
September
14
Laxmi Puja
October
15
Gobardhan Puja
October
16
Bhai Tika
October
17
Sambidhan Diwas
November
* For exact dates, please see the Nepali lunar calendar of the year.
Nepali months and their equivalent Gregorian calendar months Name
Days
Corresponding Gregorian Months
1
Baishākh
30 / 31
mid-April to mid-May
2
Jestha
31 / 32
mid-May to mid-June
3
Asār
31 / 32
mid-June to mid-July
4
Shrawan
31 / 32
mid-July to mid-August
5
Bhadau
31 / 32
mid-August to mid-September
6
Asoj
30 / 31
mid-September to mid-October
7
Kartik
29 / 30
mid-October to mid-November
8
Mangsir
29 / 30
mid-November to mid-December
9
Poush
29 / 30
mid-December to mid-January
10
Magh
29 / 30
mid-January to mid-February
11
Falgun
29 / 30
mid-February to mid-March
12
Chaitra
30 / 31
mid-March to mid-April
Note: Nepali year begins in mid-April, whereas fiscal year begins in mid-July. (Source: “NEPAL: Foreign Investment Opportunities”, Government of Nepal, Ministry of Industry and Ministry of Commerce and Supplies) 96
TRADE RELATIONS BETWEEN NEPAL AND CHINA
98
1503-5, 15
735/2012
Trade Relations Between Nepal and China Nepal-China Business
tionship with the signing of the letter of ex-
Nepal is a land-linked country between two economically growing powers- China and India – as well as South and East Asia as a whole. Trade with neighboring countries has significant and relevance for Nepal to boost the economy. Nepal and China have a long history of cooperation, but trade and economic cooperation widened only after the establishment of diplomatic relations in 1955. Now, China is Nepal’s second largest trade partner. The volume of Nepal-China trade is increasing every year, but so is the gap between exports and imports. The trade balance is significantly unequal, with a deficit of 40 billion Rupees in 2010 and around 52 billion Rupees in 2011/12. Nepal’s trade with China is largely conducted through Hong Kong and Tibet Autonomous Region (TAR). It is difficult for Nepal to market its products in China. The bulk of exports revolve around paper, timber, medicinal herbs, carpets, wooden and bamboo products. The imports are more diversified and in larger quantity: textiles, garments, machinery, spare parts, medical and electrical equipment, and medicine. The volume of Nepal-China trade for the last few years is given below. Nepal-China overland trade presently goes through six border points into TAR: Kodari-Zhangmu, Rasua-Kerung, Yari (Humla)Purang, Olangchunggola-Riwu, Kimathanka-
change allowing 7,787 items, which covers all the major exports of Nepal to be exported to China free of tariff. China has assured that she would continue to provide support to Nepal’s economic growth by expanding the coverage of the duty- free facility in coming days. There were many other potential trade opportunities between the two neighboring countries. Chinese trade statistics show that the trade volume of 2012 between the two countries has increased significantly and China has been importing more and more products from Nepal. Chinese market offers Nepal excellent potential for increasing export, and Nepal as one of China’s important trading partner is able to tap export potentials. The first dry port along Nepal-China border - in Larcha of Sindhupalchowk, formally begin in December 2012. Upon completion, the Inland Container Depot (ICD), which is located near Tatopani Customs Office, will facilitate bi-lateral trade with China. It is being constructed with the support of the Chinese government. Along with the dry port, constructions of bridge over Bhotekoshi River and up gradation of 6-km stretch of Araniko Highway (from Lipi bazar to the dry port) are scheduled to complete within two years. The proposed dry port, which will sprawl over 34 hectares, will have a storage house, parking facility for up to 200 contain-
Chentang and Nechung (Mustang)-Legze.
ers and a weighing machine that can weigh up to 100 tons at a time. The Syafrubesi-Rasuwagadhi road, that links Rasuwa to Kerung of Tibet Autonomous Region of China, came into formal operation from January 2013. The 16-kilometer long road was completed in 2.5 years at the total cost of Rs. 1.59 billion with grant assistance
China’s assistance to Nepal
The Chinese government continued to help Nepal to advance economic development. In November 2012, a new milestone was reached in China-Nepal trade rela99
TRADE RELATIONS BETWEEN NEPAL AND CHINA
of China. This road is geographically better accessible than the Barhabise-Tatopani road of Sindhupalchowk and this new road must be utilized to the maximum to bringing down the trade deficit with China. The Chinese side showed interest in upgrading Nepal-China transit points and constructing other necessary physical infrastructures to facilitate trade with Nepal. Chinese side willing to help construct a dry port near Kerung. The operation of the route is expected to be supportive in exporting Nepali products specially agro products, foodstuffs, carpets, and construction materials to China via Kerung.
The trade over the Himalaya
In ancient time, the Newar merchants conducted trade between Lhasa and Kolkata transporting goods over the Himalaya by mule caravan. Newar traders exported finished products from Nepal and India to Tibet and brought back goods from Tibet and other
parts of Central Asia. Metal utensils, sacred statues and rice from Nepal, and textiles and other factory products from India were the main exports to Tibet. The Lhasa Newars brought back gold dust, wool, musk pods, pelts and yak tails which were forwarded to Kolkata. Mule, donkey and yak caravans transported the trade goods over the Himalaya and across the Tibetan Plateau. In Nepal, porters carried the loads over the mountains on their backs. The trade route connecting India and Tibet goes over the Himalaya. The Lhasa Newars used the Gyirong (Kyirong) and Kuti passes to the north of Kathmandu to travel to Lhasa. From the 1930s, a new caravan route over the Nathu La and Jelep La passes on the border between Sikkim and Tibet became more popular. These passes were approached through Gangtok in Sikkim and Kalimpong in West Bengal, India. The Lhasa Newars lived in Lhasa, Shi100
TRADE RELATIONS BETWEEN NEPAL AND CHINA
Tourism
gatse and Gyantse in Tibet and in Kolkata and Kalimpong in India for years at a time. Lhasa, as a center on the Silk Road, attracted merchant caravans from across Central Asia with whom the Lhasa Newars engaged in trade. A few business houses also maintained shops in Leh, Ladakh that lies on the caravan route to Kashgar in Chinese Central Asia. Kolkata was a center of wholesale trade. The Nepalese Chamber of Commerce, Lhasa opened in 1943, the first ever organization of businesses formed by Nepalese traders based in the Tibetan capital. The chamber of commerce worked to promote trade and coordinated among its members to set uniform prices for their merchandise besides lobbying with the government for business-friendly policy. The first president of the chamber of commerce was Gyan Ratna Tuladhar and the secretary was Purna Kaji Tamrakar. The Nepalese Chamber of Commerce, Lhasa closed down after a year. It was revived in 1947 with Tri Ratna Man Tuladhar, of the business house of Chhusingsyar, as president. An office of the Nepalese Chamber of Commerce, Lhasa was opened in Kathmandu in 1952. The chamber gave a reception to welcome Chinese Premier Zhou Enlai during his first visit to Nepal in 1957. In 1960, during Premier Zhou Enlai’s second visit, the cham-
The Government of the People’s Republic of China has designated Nepal as one of the tourist destinations for its people. To encourage Chinese tourists, Chinese Yuan has been made convertible for tourists and businessmen. Similarly, the Ministry of Tourism and Civil Aviation and the Government of Tibet Autonomous Region, People’s Republic of China have formed a Joint Committee to promote tourism between the two countries. Nepal and China have also signed Air Services Agreement and a MoU in August 2003. Tourist arrival figure from China was just a meager few hundred a decade ago. Chinese tourists increased 17.6 percent in Nepal in 2012. More and more Chinese tourists are visiting Nepal these days which is given in table below: Year
No. of Tourists
1
2007
14,426
2
2008
14,076
3
2009
18,677
4
2010
25,559
5
2011
45, 400
6
2012
53, 373
Source: Nepal Tourism Board
Investment
ber held a reception programme in his honor on April 26.The Nepalese Chamber of Commerce, Lhasa and its Kathmandu office shut down in the mid-1960s when the traditional trade came to an end after the Sino-Indian War closed the trade route through Sikkim.
The Chinese investment in Nepal is growing, and has potential to further growth. Chinese investors are interested in the tourism and hospitality trade in Nepal, garments, civil engineering, construction of infrastructure and buildings, hydropower and electronics. According to Ministry of Foreign Affairs 101
TRADE RELATIONS BETWEEN NEPAL AND CHINA
Tel: +86 10 6532 1795, 6532 1832 Fax: +86 10 6532 3251
of Government of Nepal, there are total 401 industries where Chinese companies have invested in Nepal. The areas of investments include: agriculture (17 industries), construction (7 industries), energy based industries (8 industries), manufacturing (126 industries), mineral (29 industries), service (106 industries) and tourism (108 industries) with a total amount of direct foreign investment worth Rs 7036.17 millions and providing employment opportunities for 23325 persons. The Federation of Nepalese Chamber of Commerce and Industry, especially under
Email: beijing@nepalembassy.org.cn URL: www.nepalembassy.org.cn
Consulate General of Nepal, Lhasa Norbulingka Road 13, Lhasa, Tibet Tel: +0891 6815744, 6822 881 Fax: +0891 6836 890 Email: mcglx@public.ls.xz.cn URL: www.mcglx.gov.np
Honorary Consulate of Nepal, Shanghai
the framework of Nepal-China Non-Governmental Cooperation Forum, is also working towards attracting Chinese investment in Nepal. Some useful contact details:
16A, No.669 Beijing Road (W), Shanghai 200041 Tel: +86 21 6272 0259 Fax: +86 21 6272 0159 Email: ncshanghai@hotmail.com URL:www.nepalconsulateshanghai.org.cn
Embassy of Nepal, Beijing No.1, Xi Liu Jie, San Li Tun Lu, Beijing 100600 102
NEPALESE IN HONG KONG
Nepalese in Hong Kong There is a small ethnic minority popula-
and construction workers after 1997. More
tion of Nepalese people in Hong Kong, forming roughly 0.2% of the total population. They primarily came to the territory as part of the Gurkha brigade of the British Army. After the handover in 1997, they were allowed to stay in Hong Kong, but continued to face a variety of problems, especially in education. From primary school to tertiary education, their opportunities are limited by language policy.
than 60% of Nepalese are working in elementary occupation. But now many Nepalese have their own business (i.e. export-import, restaurants and bars, travel agencies, constructions, security field). The volume of Nepalese business in Hong Kong is growing day by day. Nepalese are also involved in professional fields (i.e. Legal, Teaching, Social work and Journalism).
Background and social history
Business
Nepalese people began to come to Hong Kong in the 1970s, as part of the British Army’s Brigade of Gurkhas. They continued in this employment until 1997. Their primary duties were to deter illegal immigrants and protect local residents. Most of them lived in Whitfield Barracks and Shek Kong Barracks. After 30 June 1997, the British Government withdrew from Hong Kong and the Gurkha brigade disbanded. These Gurkhas and their children had the right to take up residence in Hong Kong. Also in 2008, a law of the UK was passed which claimed that those Gurkhas retired before 1997 would be eligible to live in United Kingdom as citizens. Nepalese who choose to stay in Hong Kong want to take root there, especially if their children who were born in Hong Kong. They have Hong Kong Identity Cards but their nationality is still Nepalese. Without Chinese nationality, they are ineligible to apply for an SAR passport or a ‘home return permit’.
Occupations
The second or younger generations of the Nepalese mainly work as security guards
Most of the Nepalese when they came to Hong Kong at the beginning did not intend to live here permanently. As a result, they invested in landed property in Nepal. However, gradually they realized that Hong Kong would be their permanent home to live in. Now, many Nepalese are considering educate their children in Hong Kong and eager to see the children mastering with the local language in all aspects, i.e., listening, reading, writing and speaking. As some of the Nepalese became successful entrepreneurs within a relatively short period of time, many others have now attempted to follow the similar track. We now see many successful Nepalese business people in import and export, travel agents, hospitality industries, legal sectors, construction industries, hair & beauty, security services, media sectors etc. Compare to other countries, people find very easy to start their business in Hong Kong. Even a visitor in Hong Kong can establish a limited company in Hong Kong without much difficulty. Hong Kong is also considered a tax heaven city. Very small number of Nepalese people is required to pay income tax in Hong Kong as most of their income is below the taxable income limit. However, it 105
NEPALESE IN HONG KONG
is not the case in other developed countries.
Community and Housing
The Nepalese in Hong Kong mainly live in Yau Tsim Mong area (33.2%) and Yuen Long area (33.9%). As Kowloon Park was a main military camp for the brigade from Nepal, as well as Shek Kong in Yuen Long, they chose to live nearby after they left the camp. Some of them live in Wai Chai where they first arrived; in fact their communities spread out to more districts nowadays. Nepalese mainly live in tenement houses. As they would prefer staying together, they would divide a flat into rooms. They rarely choose public housing, as they would be dispersed to different districts. Another reason is the time of public housing application is too long, even they can succeed, and they would be arranged to remote areas. Thus, public housing is not their preference for housing. But now some of Nepalese have their own house, and it’s increasing to buy house in Hong Kong.
In the school year of 2009/10, the Hong Kong Government has selected 17 primary schools and 9 secondary schools located in different main areas of Hong Kong that are designated for receiving intensive on-site support to enhance the learning and teaching of non-Chinese students. However, most Nepalese parents encounter difficulties in
The mother tongue teaching policy for nativelevel Cantonese speakers was implemented in 1998. At that time, the policy dramatically reduced the number of English medium of instruction (EMI) secondary school. The rest of the EMI schools are either highly competitive or relatively expensive. Thus, those schools that are lower level are often the choices left for Nepalese children. School choices are even more limited after Form 5 since they have no legal rights to education after the age of fifteen (when the compulsory education ends). Other than studying in Hong Kong, some Nepalese parents would send
applying for school places since they cannot get access to official information. Instead, Nepalese parents often search for information within their own community. As there is no special arrangement for Nepalese students in the school allocation system, their choice is limited to those mentioned schools for non-Chinese students.
their children to receive cheaper education in Nepal until university graduation. After Nepalese students graduate from secondary school, choices of enrolling in local tertiary education are limited, since most of the tertiary institutions and programs require passing Advance level (matriculation) or Advance Supplementary (AS) Chinese
Education
106
NEPALESE IN HONG KONG
Language and Culture examination. The Chinese Language in General Certificate of Secondary Education Examinations (GCSE) that they mainly take is always not accepted, as the examination does not meet the basic standards of those tertiary institutions.[10] It is extremely hard for Nepalese to enroll in local tertiary education.
Languages
The Nepalese have different languages according to their ethnicities, which are divided by different lineages; they learn their own languages before they can speak Nepali. Apart from their national languages, they speak English and Cantonese less fluently. Although the elder generation was born in Hong Kong, their proficiency in Cantonese remains poor. Some would attribute the problem to the prohibition of learning or communicating with locals in the military camp. Restriction of learning Cantonese was a measure of the British to stabilize the military force.
Media
In Hong Kong, there are some ethnic newspapers for Nepalese. There are three weekly newspapers now— Everest, Ethnic Voice and Sunrise. Everest and Sunrise are in Nepalese language and Ethnic Voice is by lingual (Nepalese and English). Both Nepal and Hong Kong news are included in their content. These newspapers mainly cover the activities of Nepalese community in Hong Kong. Since Chinese language is their weakness, the local news is mainly translated from the South China Morning Post to Nepalese by a group of Nepalese part-time staff. The Nepalese newspapers are rather
popular and each publication reaches 2,500 sales volumes. There are also some online portals covers community activities.
Consulate General of Nepal
Nepal has established its Consulate General in Hong Kong immediate after the hand over in 1997. There was a Nepalese Army Leason Office in Hong Kong since 1967 to serve British Gurkha and their family member. Nepal Consulate General see the bilateral relations between Nepal and Hong Kong and Nepal and Macau primarily in trade, tourism and investments.
Contact at: Consulate General of Nepal Unit 715 Concordia Plaza No. 1 Science Museum Road, Tsim Sha Tsui (East) Kowloon, Hong Kong Phone Number: (852) 2369 7813 Fax Number: (852) 2824 2970 E-mail: cgnhk@biznetvigator.com URL: www.nepalconsulatehk.org
Nepal Airlines
Nepal Airlines is an organization fully owned by the Government of Nepal. Its Head Quarters is in Kathmandu, Nepal. There are direct, non-stop 3 flights in a week (Every Tuesday, Thursday and Saturday) between Hong Kong and Kathmandu. The flight time is about 4 hrs. 30 min. Nepal Airlines has its own sales office in Hong Kong. Contact at: Nepal Airlines Room 704, Lippo Sun Plaza Tsim Sha Tsui, Hong Kong Tel: (852) 23753151, 23759152, 23756094 23752180, Fax: (852) 23757069 e-mail: rnac_hk@hotmail.com 107
STARTING NEW BUSINESS IN HONG KONG
Starting New Business in Hong Kong While setting up new business in Hong Kong, it is important to know that all business must be registered with the Business Registration Office of the Inland Revenue Department (IRD). The business company need to registered within one month, if you are starting any of the following business: i. As person or group carrying out activities for gain; ii. As club which provides facilities for recreation or interaction; iii. As company incorporated in Hong Kong; iv. As company not incorporated in Hong Kong but that has a representative office (even if unused) in Hong Kong; There are four basic business structures available in Hong Kong:
Sole proprietorship
A sole proprietorship business is the simplest business structure that is conducted by one person. In this structure the person runs the business on his own without sharing his business with anybody. He gets all the profits of the business, and also takes up all the risks of the business. There is unlimited liability, which means that the operator is personally liable for business debts. The sole proprietorship business is simple to set up and can be easily manageable. Easy to make decision and simplicity is the main advantage of sole proprietorship. But the investor personally responsible for things. An investor may consider using sole proprietorship as the device for conducting his business: • If the investor is thinking of setting up a small business; • If the investor has adequate finance to run the business so that he or she does
not need to get financial assistance; • •
If the investor wants to make things simple and avoid complicated formalities; If the business intended is not risky;
Partnership or Joint Venture
Where an investor joins with other people to conduct business for getting profits, which is a partnership business. The investors can conduct the joint venture business by setting up a partnership or a private limited company for the venture. In partnership up to 20 people may form a partnership, which is governed by the Partnership Ordinance? The partners share the capital, profits and also liability of the operation. A partnership agreement lays out their relationship in terms of (at least) business management, finance and ultimate termination. Partners to contribute not only capital but also skill and knowledge in partnership business. A partner to share workload and it is easy to set up. But the firm is not a separate legal person and possible conflict between partners. An investor may consider conducting business by way of partnership: • If the investor does not have sufficient money on his own to run a business; • If the investor does not want to shoulder all the risk of running a business and wants somebody to share these with • •
him; If the investor wants somebody to help him with the business; or If the investor can find some partners who are trustworthy and reliable.
Limited Liability Company
A company can be incorporated by reg-
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STARTING BUSINESS IN HONG KONG
istration with the Companies Registry under
Nepal Chamber of Commerce Hong
the Companies Ordinance. Although there are different kinds of companies, more than 99% of investors set up their business by forming a private limited company rather than by the other forms. A private company is often set up for the purpose of conducting a small business. The investor will have separate legal identity, ownership and management in private company business, but need to disclose company information to the public. A Hong Kong private company (limited liability company) has no restriction on the amount of share capital. It requires at least: i. One shareholder ii. One director (not necessarily a Hong Kong resident) iii. A Hong Kong address iv. A Company Secretary (who is a Hong Kong resident) Representative office of an Overseas Company Business companies incorporated outside of Hong Kong may choose to operate from premises in Hong Kong, this is a representative office. A representative office can take advantage of the foreign head office’s credit rating as well as other advantages provided from being associated with an already-established entity overseas. According to the Hong Kong Trade Development Council (HKTDC), if an overseas company is prepared to conduct business in Hong Kong with the use of its own name rather than by way of setting up a new company, it may consider setting up a representative office. In case the company name is in clash with the name of an existing company, the overseas company will need to adopt another name for the representative office in Hong Kong.
Kong can provide helpful information in setting up business in Hong Kong. You can also contact our committee members directly for their suggestion and assistance. Here are some useful links to useful resources in setting up business in Hong Kong: InvestHK (www.investhk.gov.hk): InvestHK is the department for Foreign Direct Investment, supporting overseas businesses to set up and expand in Hong Kong. InvestHK offers free advice and customized services to assist companies. HK Government Business & Trade (www. gov.hk/en/business/): Business & Trade related information and services provided by the Hong Kong Government. Companies Registry (www.cr.gov.hk): Provides services to incorporate local com-
panies with or without limited liability and register non-Hong Kong companies. HKTDC SME Centre (www.hktdc.com/ mis/smecentre/en/HKTDC-SME-Centre. html: This center is a centralized resource and interactive service center that provides you with all the resources you need to do business. It also serves as a one-stop shop for HKTDC to provide comprehensive services in export marketing to small and medium-sized enterprises. (Source: http://www. hktdc.com) 112
Useful Telephone and Websites Government Departments: HK Government Information Centre
1823
www.gov.hk
Government of Hong Kong
Emergency Call
999
www.police.gov. hk
Emergency call to ambulance, police or fire service
Consumer Council
2929 2222
www.consumer. org.hk
Services to protect interest of consumers
Transport Department
2804 2600
www.td.gov.hk
Hong Kong’s transport systems
Leisure and Cultural Services Department
2414 5555
www.lcsd.gov.hk
Leisure and cultural services, such as sport centers, museums and libraries etc
Hong Kong Tourism Board
2508 1234
www. discoverhongkong.com
Promotes Hong Kong as a tourism destination
Hong Kong International Airport
2188 7111
www. hongkongairport. com
Airport Authority Hong Kong
Immigration Department
2824 6111
www.immd.gov. hk
Hong Kong Immigration
Hong Kong Observatory
187 8066
www.hko.gov.hk
Weather forecasting, services in climate, radiation, time standard, seismology, oceanography, astronomy and others
Check the time and weather
18501
www.hko.gov.hk
Time and weather of Hong Kong
Telephone Directory Inquiries
1081
www.pccw.com (select language)
English version for Telephone Directory Inquiries
Telephone Directory Inquiries
1083
Telephone Directory Inquiries
1088
Telecommunications:
yp.com.hk (select language)
Cantonese version for Telephone Directory Inquiries Mandarin version for Telephone Directory Inquiries
Public Transportation: Transport Department
2804 2600
www.td.gov.hk
Hong Kong’s transport systems
Hong Kong International Airport
2188 7111
www. hongkongairport. com
Airport Authority Hong Kong
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USEFUL TELEPHONE AND WEBSITES
Octopus
2266 2266
www.octopus. com.hk
Octopus Card service that can be used on almost all public transport services and shops
MTR
2881 8888
www.mtr.com.hk/
Hong Kong’s Mass Transit Railway (subway/ underground)
KCR
2929 3399
www.kcr.com.hk
Kowloon-Canton Railway, Railway service in Kowloon and New Territories, and to China
Peak Tram
2849 7654
www.thepeak. com.hk
Tram service from Central To Victoria Peak
Tramways
2548 7102
www. hktramways.com
Tram services on Hong Kong Island
KMB
2745 4466
www.kmb.hk
Bus services in Kowloon and New Territories
CityBus
2873 0818
www.nwstbus. com.hk
Bus services in Hong Kong Island, and airport to urban districts
New World First Bus
2136 8888
www.nwstbus. com.hk
Bus services mostly on Hong Kong Island
Long Win
2261 2791
www.kmb.hk
Bus services from airport to New Territories
New Lantau Bus
2984 9848
www. newlantaobus. com
Bus services mostly on Lantau Island
Star Ferry
2367 7065
www.starferry. com.hk
Ferry services between Hong Kong Island and Kowloon
New World First Ferry
2131 8181
www.nwff.com.hk
Ferry services between Hong Kong Island and Outlying Islands, and Kowloon to Macau
Hong Kong & Kowloon Ferry
2815 6063
www.hkkf.com.hk
Ferry services between Hong Kong Island and Lamma Island
HKR International Ltd
2987 7351
www.hkkf.com.hk
Ferry services between Hong Kong Island, Kowloon and Lantau’s Discovery Bay
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USEFUL TELEPHONE AND WEBSITES
Others: The Hong Kong General Chamber of Commerce
2529 9229
www.chamber. org.hk
The oldest and largest business organisation in Hong Kong, with around 4,000 members.
Federation of Nepal Chambers of Commerce & Industry
(00977-1) 4262061 / 4262218 / 4266889
www.fncci.org
Organisation of the Nepalese private sector in Nepal for promoting business and industry in the country.
Visa to China
2106 6303
www.fmcoprc. gov.hk
General information on Chinese visa - basic requirements for visa application, processing time of application, visa application form, etc
Consulate General of Nepal, Hong Kong
2369 7813
www. nepalconsulatehk .org
Official website of Nepalese Consulate General of Hong Kong.
Non-Resident Nepali Association
(+977-1) 4215247, 4262255
www.nrn.org.np
Non-political, non-profit and voluntary international organization established in Nepal. The association promotes and protects the interest of NRN community worldwide and support the overall development of Nepal.
Karobar Nepali Online News
n/a
n/a
Nepal business portal, information doing business in Nepal and Business News.
Nepali Biz Online News
n/a
n/a
Nepal Business News news portal which covers Business News, Economy News and Development News from Nepal.
Embassy/Consulate in Hong Kong
n/a
www.hk.embassyinformation.com
Hong Kong embassies and consulates worldwide, foreign embassies and consulates in Hong Kong.
Trade and Industry Department
2392 2922
www.tid.gov.hk
Hong Kong’s international trade relations, trade policies, agreements, general support services for industries for small and medium enterprises.
116
USEFUL TELEPHONE AND WEBSITES
Customs and Excise Department of HKSAR
2815 7711
www.customs. gov.hk
Custom and excise services, including import/ export clearance procedures in Hong Kong; lodging of complaints relating to consumer protection; payment and refund of duties on liquors, tobacco, hydrocarbon oil and methyl alcohol; customs and excise related licence and permit applications; and submission of import/export declarations.
The Hong Kong Association of Banks
n/a
www.hkab.org.hk
Hong Kong dollar interest settlement rates and, latest and historical rates.
Inland Revenue Department
187 8088
www.ird.gov.hk
Information and services on property tax, salaries tax, profit tax, company registry, business registration, etc.
Labour Department
2717 1771
www.labour.gov. hk
Employment ordinance, information on HKSAR labour law and regulation.
Intellectual Property Department
2961 6901
www.iponline.ipd. gov.hk
Provides Protection of intellectual property rights, patent, trademark and designs registration services to the public in Hong Kong, China.
Hong Kong SARG IPD Trade Mark Search
2961 6901
www.ipsearch. ipd.gov.hk
Online search system for trademark, patent and design records.
Ratings & Valuation Department
2152 0111, 2152 2152, 1823
www.rvd.gov.hk
Responsible for the assessment of properties to rates and Government rent, maintain accounts and issues demand notes for their collection. Provide property valuation advice to Government Bureaux and Departments and compile property market statistics. Also provide advisory and mediatory services on landlord and tenant matters.
117
USEFUL TELEPHONE AND WEBSITES
Hong Kong Export Credit Insurance Corporation
2732 9988
www.hkeciceclink.com
Encourages and support export trade through the provision of insurance protection for Hong Kong exporters against nonpayment risks arising from commercial and political events.
Federation of Indian Export Organisation, New Delhi
+91-1146042222, 2615010104
www.fieo.com
The organization represents Indian entrepreneurs and an apex body of Indian export promotion organizations set up jointly by the Ministry of Commerce, Government of India and private trade and industry in the year 1965.
Hong Kong Trade Development Council, Hong Kong
1830 668
www.hktdc.com
International marketing arm for Hong Kong-based traders, manufacturers and service providers.
The China Council for the Promotion of International Trade, Beijing
86-1088075769
www. bizchinanow.com
The council comprises of VIPS, enterprises and organizations representing the economic and trade sectors in China. It is the most important and the largest institution for the promotion of foreign trade in China.
China Council for the Promotion of International Trade - Guangzhou SubCouncil
02037853065 / 02037853063
www.gzccpit. org.cn
The council comprises of representative business personnel, enterprises, associations and organizations from Guangzhou region, and conducts international economic and technical cooperation’s in terms of foreign trade, utilization of foreign investments also introduces foreign advanced technology to promote foreign trade and economic relations between Guangzhou and other countries and regions all over the world.
International Dialing Code to Hong Kong is 852, further area code is not required.
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In China Visa, Residence Permits and Income Tax
An understanding of the visa, permanent residence permit and income tax in Peoples Republic of China is significant for all foreigners. It is important for all companies and foreign employees to understand their rights in terms of contractual agreements, hiring, terminating as well as other employment issues.
mit health certificate. The J visa is for journalists. There are two types of J visa. The J1 visa is for resident journalist in China. And J-2 visa for newscoverage on a short-term basis. An application letter of the affiliated news agency, invitation letter of the interviewee and for the
Visa Categories in China
The L visa commonly known as a tourist visa. According to recent regulations it can be extended in China twice. Under some circumstances, the applicants may be required to provide financial proof, a copy of Chinese hotel booking and return flight ticket. For applicants who are going to Tibet, an entry permit issued by Tibetan Tourist Bureau is required. An F visa is a business visa, which can also be extended in China twice. It is also available for multi-entry and the individual is permitted to stay for a period of 3o days per stay in China. To extend the visa a notification form required and locally registered companies can only apply it for. The Z visa is for employment in China. The single entry Z visa is required when an individual relocates to China and will have to apply for a residence visa (and work permit). Within 30 days upon arrival in China the ex-
first time applicants, resume and a copy of passport are required for J2 visa. According to the ChinaInvest.Biz, when companies relocate their foreign staff to China they should be aware of the fact that an employment contract in China is only valid when the employee holds a proper work
patriate has to convert his/her Z visa into a residence visa. The X visa is for study in China. To apply for X visa, students shall provide JW202 form issued by the Ministry of Education of the PRC and the enrollment notice from the receiving school. Foreign students staying in China longer than half a year must also sub-
permit and residence visa. Otherwise there is no legal relationship and the contract will not protect the employee by law. It is therefore recommended to mention in the work contract that the employment starts on the date when the Chinese work permit and residence visa have been granted. Pre-arrival visa for Macao: From 1 July 121
IN CHINA
2010, nationals of Nepal, Bangladesh, Paki-
and deputy general manager or as an
stan, Sri Lanka, Vietnam and Nigeria are required to obtain an entry visa before arriving at the Macao Special Administrative Region. Visa-upon-arrival is no longer applicable to these nationals. Nationals of above-mentioned six countries who bear a valid Hong Kong ID are NOT subject to the new measure.
associate professor or researcher. iii. The person has held the post for four consecutive years and has lived if China not less then an accumulated three years. iv. The person has a good record of tax payment.
Individual Income Tax in China
Permanent Residence Permits
An individual having residence in China or having resided in China for one year or more although without a permanent residence therein shall pay individual income tax on income from inside and outside China in accordance with the provisions of law. An individual who neither has residence nor lives in China or who has no residence and has lived in China for less than one year shall pay individual income tax on income from inside China. Individual income tax shall be levied on the categories of personal income listed below: i. Income from wages and salaries.
The requirements for the application of a permanent residence permit vary from province to province and city to city in China. The permanent residence permit allows you to have a residence visa for a period of 5 years. The most basic requirements are the followings: i. The employee must be employed by a Limited Company (it will not be applicable if the employee is working for a Representative Office). ii. The person assumes in China the position of a board member, general manager,
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ii.
iii.
iv. v. vi. vii. viii.
Income of individual industrial and
ix. Income
commercial operators from production or business operation. Income from business operations contracted or leased from enterprises or other undertakings. Income from labor service. Income from remunerations to authors Income from royalties Income from interests, dividends and bonuses Income from the leasing of property
property x. Accidental income xi. Other types of income specified as taxable by the financial departments under the State Council. Rates of individual income tax: A progressive tax rate on income in excess of a specific amount, ranging from 5% to 45%, shall be applicable to income from wages and salaries in excess of a specified amount:
from
sales
Grade Taxable income of the month
or
transfer
Tax rate (%)
1
Less than 500 Yuan
5
2
The portion of income in excess of 500 to 2,000 Yuan
10
3
The portion of income in excess of 2,000 to 5,000 Yuan
15
4
The portion of income in excess of 5,000 to 20,000 Yuan
20
5
The portion of income in excess of 20,000 to 40,000 Yuan
25
6
The portion of income in excess of 40,000 to 60,000 Yuan
30
7
The portion of income in excess of 60,000 to 80000 Yuan
35
8
The portion of income in excess of 80,000 to 100,000 Yuan
40
9
The portion of income in excess of 100,000 Yuan
45
(Sources: fmcoprc.gov.hk, ChinaInvest.Biz and chinatax.gov.cn)
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NEPALESE BUSINESS DIRECTORY
Nepalese Business Directory
Hong Kong
Central Aura Lounge
Rajen Pun G/F, No. 79 Wyndham Street, Central, Hong Kong Tel : 2868 2892 Website : www.equality-intl.com/aura Business : Bar ……………………………………………………………………………………………………
Buddha Lounge
L/G, Amber Lodge, Hollywood Road, Central, Hong Kong Tel : 2526 2562 Business : Bar ……………………………………………………………………………………………………
Forex Limited
Shrestha GP Director 1/F, 91 Wellington Street, Central, Hong Kong Tel : 2366 5940, 2722 4807, 2739 5555, 3481 0135 Fax : 2366 7086 Mob : 9588 0873 E-mail : pgshree@gmail.com Business : Investment ……………………………………………………………………………………………………
Linq Wine & Bar Lounge
Rajen Pun G/F, No. 35 Pottinger Street, Central, Hong Kong Tel : 2971 0680 Website : www.equality-intl.com/linq Business : Bar ……………………………………………………………………………………………………
Pinnacle Consultants Ltd.
Brajesh Sing General Manager 4/F, No. 11 Queen Victoria Street, Central, Hong Kong Tel : 3481 0091 Fax : 3481 9010 E-mail : info@properties.hk Website : www.properties.hk Business : Real Estate Agency …………………………………………………………………………………………………… 146
Hong Kong
Central The Den Sports Bar & Lounge
Rajen Pun 1/F, No. 79 Wyndham Street, Central, Hong Kong Tel : 2868 2892 Website : www.equality-intl.com/theden Business : Bar ……………………………………………………………………………………………………
The Golden Stupa
37-43 Cochrane Street, Central, Hong Kong Tel : 3480 9026 Business : Bar ……………………………………………………………………………………………………
Annapurna Authentic Nepalese Cuisine G/F, 59 Staunton Street, SoHo, Central, Hong Kong Tel : 2857 2966 Fax : 2559 7166 E-mail : anna_dine hotmail.com Business : Restaurant
……………………………………………………………………………………………………
Brivo
Mohan Gurung 36B, Staunton Street, SoHo, Central, Hong Kong Tel : 2899 2244 Fax : 2889 2144 E-mail : brivohk@gmail.com Business : Restaurant ……………………………………………………………………………………………………
Guru
H. Karki G/F , 13 Elgin Street, SoHo, Central, Hong Kong Tel : 2547 9998 Fax : 2547 9993 E-mail : karki@gurudining.com.hk Website : www.gurudining.com.hk Business : Restaurant ……………………………………………………………………………………………………
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Hong Kong
Central Nepal Restaurant & Bar
Bhim Prasad Kafle G/F, 14 Staunton Street, SoHo, Central, Hong Kong Tel : 2869 6212 Fax : 2521 9108 Mob : 9304 0946 E-mail : info@nepalrestaurant.com.hk Website : www.nepalrestaurant.com.hk Business : Restaurant ……………………………………………………………………………………………………
P58
G/F, 58-60 Peel Street, 16 Elgin Street, SoHo Central, Hong Kong Tel : 2530 5613 Fax : 2530 5808 E-mail : P58_bar@hotmail.com Business : Bar ……………………………………………………………………………………………………
Soho Me
Aruna Rana Managing Director 10 Elgin Street, SoHo, Central, Hong Kong Tel : 2546 0438 Business : Bar ……………………………………………………………………………………………………
Sole Mio
Inn Gurung G/F, 47 A Elgin Street, SoHo, Central, Hong Kong Tel : 2869 6522 Fax : 2869 0215 E-mail : solemio@live.com Website : www.solemio.com.hk Business : Restaurant ……………………………………………………………………………………………………
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Hong Kong
Central Tantra o/b Tantra Services Ltd.
Bidya Rai Director Basement Floor, 25 Staunton Street, SoHo, Central, Hong Kong Tel : 3743 0234 Mob : 9318 8614 Website : www.tantra.hk Business : Bar ……………………………………………………………………………………………………
The Tavern
Ronald Pradhan G/F, Shop C, 16A Elgin Street, SoHo, Central, Hong Kong Tel : 3481 3775 Mob : 9347 8775 E-mail : info.tavern@gmail.com Business : Bar ……………………………………………………………………………………………………
Twist
Aruna Rana Managing Director G/F, 11 Staunton Street, SoHo, Central, Hong Kong Tel : 2522 3718 Business : Bar ……………………………………………………………………………………………………
Fresh Cafe & Bar
Biru Gurung 18 Lan Kwai Fong, Central, Hong Kong Tel : 2868 3716 Fax : 2877 1195 Mob : 9071 5495 E-mail : birugrg@hotmail.com Business : Bar & Cafe ……………………………………………………………………………………………………
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Central Noble Spice
Gopal Biswakarma (Mark) 7/F, Cheung Hing Comm Building, 37-43 Cochrane Street, Central, Hong Kong Tel : 2854 0916 Mob : 2854 0933 Website : www.noblespice.com.hk ……………………………………………………………………………………………………
Graffiti
Ishor Rai Shop C&D, UG/F, Ho Lee Commercial Building, 17 Lan Kwai Fong, Central, Hong Kong Tel : 2526 2520 E-mail : graffitilkfhk@gmail.com Website : www.graffitilkf.com.hk Business : Bars and Clubs ……………………………………………………………………………………………………
Prive
John Rana Director Basement, Century Square, 1-13 D’Aguilar St, Lan Kwai Fong, Central, Hong Kong Tel : 2850 6826 Fax : 2850 6661 E-mail : info@prive.hk Website : www.prive.hk Business : Bar ……………………………………………………………………………………………………
The China Bar
Mr. Bajracharya G/F, Ho Lee Commercial Building, 44 D’aguilar Street , Lan Kwai Fong, Central, Hong Kong Tel : 2526 5992 E-mail : info@thechinabar.com.hk Website : www.thechinabar.com.hk Business : Bar ……………………………………………………………………………………………………
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Hong Kong
Wan Chai 2star’s Fast Food & Catering Service G/F, 9 Cross Road, Wan Chai, Hong Kong Tel : 2575 2601 E-mail : pslawati@msn.com Business : Restaurant
……………………………………………………………………………………………………
Daju Bhai Store
G/F, Shop E, 32 Spring Garden Lane, Wan Chai, Hong Kong Tel : 2982 6177 Business : General Store ……………………………………………………………………………………………………
Himali Hari Salon
Sita Maya Onem Proprietor 2/F, Flat I, Thompson Building, 93-103 Thomson Road, Wan Chai, Hong Kong Tel : 2891 4140 Mob : 6856 0024 E-mail : himalihairsalon@yahoo.com Business : Salon ……………………………………………………………………………………………………
K K Beauty Salon
2/F, Shop S32, Cathay 88, 125 Wan Chai Road, Wan Chai, Hong Kong Tel : 9170 7175 Business : Beauty Salon ……………………………………………………………………………………………………
Lonil Store
G/F, Shop 38, 328 Shopping Arcade, 344-354 A Hennessy Road, Wan Chai, Hong Kong Tel : 2833 6946, 6226 3234 Business : General Store ……………………………………………………………………………………………………
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Wan Chai Bar 109
Vinod Gurung Manager 109 Lockhart Road, Wan Chai, Hong Kong Tel : 2861 3336 Fax : 2866 3122 Mob : 6644 2105 E-mail : vinodgrghk@gmail.com Website : www.bar109.com Business : Bar ……………………………………………………………………………………………………
Branded Spirits Ltd.
Bina Tamang Marketing Director 11/F, Room 1101-2, Tesbury Centre, 28 Queen’s Road East, Wan Chai, Hong Kong Tel : 2865-3883 Fax : 2865-3773 Mob : 95282117 E-mail : bina.tamang@brandedspirits.com Website : www.brandedspirits.com Business : Beverages Wholesalers ……………………………………………………………………………………………………
Escape
Ishor Rai Shop LGF, East Town Building, 64 Jaffe Road, Wan Chai, Hong Kong Tel : 2143 6030 Fax : 2143 6031 E-mail : info@escape.com.hk Website : www.escape.com.hk Business : Disco & Bar ……………………………………………………………………………………………………
Himalaya Restaurant
Manoj 1/F, A 22-30 Taiwong Street, East Wan Chai, Hong Kong Tel : 2527 5899 Fax : 2527 4899 Website : www.himalayarestaurant.com.hk Business : Restaurant ……………………………………………………………………………………………………
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Wan Chai New AV Kathmandu Store
Netra Shop Manager Shop H, G/F, No 13 Mc Gregor Street, Wan Chai, Hong Kong Tel : 2575 8557 Fax : 2575 8557 Business : General Store ……………………………………………………………………………………………………
Players Sport Bar & Grill
Ishor Rai 93-107 Lokhart Road, Wan Chai, Hong Kong Tel : 2294 0388 E-mail : info@playersbar.com.hk Website : www.playersbar.com.hk Business : Bar ……………………………………………………………………………………………………
TCP Group Ltd.
Hanish Sahni Group Operations Director 20/F, 68-70 Lockhart Road, Wan Chai, Hong Kong Tel : 2861 3706 Fax : 2866 6324 E-mail : tcpgroup@netvigator.com Business : Restaurant ……………………………………………………………………………………………………
Uncle Russ Coffee and Wholesalers
Y.B. Rai Managing Director Unit C, 8/F Gaylord Commercial Building, 114-120 Lockhart Road, Wan Chai, Hong Kong Tel : 2520 2816 Fax : 2520 2686 Mob : 9880 8194 E-mail : ybuncle@gmail.com Website : www.unclerusscoffee.com.hk Business : Trading ……………………………………………………………………………………………………
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Hong Kong
North Point, Sai Ying Pun Celo
Bala B. Tamang Yen Po Court, 74-82 Wharf Road, North Point, Hong Kong Tel : 2566 8583 Fax : 2566 8584 Mob : 9171 5107 E-mail : bala.tamang@yahoo.com Business : Restaurant ……………………………………………………………………………………………………
Clay Pot Indian Restaurant
Lilamber Kafle CF5 2nd Floor, 229 Electric Road Market, North Point, Hong Kong Tel : 8208 8661 Mob : 9384 7091 Website : www.claypotindianrestaurant.com.hk Business : Restaurant ……………………………………………………………………………………………………
‘4’ Seasonstore
G/F, Shop B, 178 Queen’S Road West, Sai Ying Pun, Hong Kong Tel : 2528 5564 E-mail : fourseason_joe@yahoo.com Business : General Store ……………………………………………………………………………………………………
Fluid
Sam Gurung General Manager G/F, 238 Queens Road West, Sai Ying Pun, Hong Kong Tel : 2964 0081 Fax : 2964 9791 Mob : 9310 8506 E-mail : sam_tamu@hotmail.com, fluid238@biznetvigator.com Business : Bar ……………………………………………………………………………………………………
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Hong Kong
Sai Ying Pun, Wong Chuk Hang, Kennedy Town Mount Everest Store
G/F, 104 First Street, Sai Ying Pun, Hong Kong Tel : 2548 7746 Fax : 2803 2203 E-mail : mounteverest104@yahoo.com Business : Trading ……………………………………………………………………………………………………
Hind International Investment Ltd.
Nikhil Kumar Kedia 13/F, Flats B-D, Yally Industrial Building, 6 Yip Fat Street, Wong Chuk Hang, Hong Kong Tel : 3106 2970 Fax : 2873 5210 Mob : 6078 5108 E-mail : nikhilk@hindint.com.hk Business : Manufacturing and Trading of Watches ……………………………………………………………………………………………………
Al Pesto
Sanjay Dhakal G/F, Skop-E, Full Harvest Building, 6-18 Hau Wo Street, Kennedy Town, Hong Kong Tel : 2818 4660 Fax : 2818 4661 E-mail : alpestohk@hotmail.com Business : Restaurant ……………………………………………………………………………………………………
Tapaella Grill
Shyam Karki G/F, Unit F, Shun Cheong Building, 28 Hau Wo Street, Kennedy Town, Hong Kong Tel : 2817 9792 Fax : 2855 7627 Mob : 9463 4461 E-mail : info@tapaella.hk Website : www.tapaella.com.hk Business : Restaurant ……………………………………………………………………………………………………
155
Hong Kong & Outlying Island
Kennedy Town, Lantau Island The Clay Oven
Lai G/F, Shop A, 27-31 Catchick Street, Kennedy Town, Hong Kong Tel : 2872 6900 Mob : 9420 3094 Business : Restaurant
……………………………………………………………………………………………………
Retro Bar
Shiva Bahadur K.C. Managing Director G/F, 37 Catchick Street, Kennedy Town, Hong Kong Tel : 2986 5455 Fax : 2986 4344 Mob : 9133 6791 E-mail : retrobar37@gmail.com Business : Bar ……………………………………………………………………………………………………
Himalaya Explore Hk
Hem Rai (Khagendraj) Managing Director G/F, 47C Lo Wai Village, Pui O, Lantau Island, Hong Kong Tel : 3489 5030 Fax : 34827140 Mob : 6338 7759 E-mail : hemrai888@gmail.com, khemyamphu@yahoo.com Website : www.himalayaexplorehk.com Business : Outdoor Education Development ……………………………………………………………………………………………………
156
Kowloon and New Territories
Jordan Manakamana Nepali Restaurant
Sunita Rai Director G/F, 165 Temple Street, Night Market, Jordan, Kowloon, Hong Kong Tel : 2385 2070 Mob : 5398 2431 E-mail : manakamanarestaurant@gmail.com Business : Restaurant ……………………………………………………………………………………………………
Sambriddhi Store
Sumi Gurung G/F, Shop D, 79 Woosung Street, Jordan, Hong Kong Tel : 6626 3539 Business : General Store ……………………………………………………………………………………………………
Sunkoshi Gurkha Security Limited
Tej Rai Director Unit 2A, 2/F, Koshun House, 331 Nathan Road, Jordan, Kowloon, Hong Kong Tel : 2199 7774 Fax : 2374 4409 E-mail : info@sunkoshigurkha.com Website : www.sunkoshigurkha.com Business : Employment Agency (Security Personnel) ……………………………………………………………………………………………………
Alpha Travel (HK) Ltd.
Lalit Limbu Director 17/F, 62-64 Woosung Street, Gofuku Tower, Jordan, Kowloon, Hong Kong Tel : 2640 0022 E-mail : inquiry@alphahongkong.com Website : www.alphahongkong.com Business : Travel Agency ……………………………………………………………………………………………………
157
Kowloon and New Territories
Jordan Fishtail Tours & Travels
Krishna Pandey Director 14/F, Civic Commercial Bldg, 165 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 3104 8191 Fax : 2374 5199 E-mail : fishtailhk@netvigator.com Website : www.fishtailhk.com Business : Travel Agency ……………………………………………………………………………………………………
G.L.R. Mangmali International (HK) Ltd.
Mangmali Khadka Director 6/F, Room D, Civic Commercial Bldg, 165-167 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 2366 4507, 2385 1914 Fax : 3421 0551 Mob : 9060 4632, 6093 2614 E-mail : mangmali@hotmail.com, korangihk@yahoo.com Business : Remit, Air Ticketing, Parcel & Document Service ……………………………………………………………………………………………………
Hajur Ko Upahar
Tej Bahadur Gurung G/F, Unit 5 , Chung Wo Comm. Center, 42-46 Shanghai Street, Jordan, Kowloon, Hong Kong Kowloon Tel : 2957 8311 Fax : 2730 0837 Mob : 9858 3721 E-mail : hajurkoupahar@yahoo.com Business : Clothing & Accessories Shop ……………………………………………………………………………………………………
Hungry Eye Restaurant & Bar
3/F Gofuku Tower, 62-64 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 3107 1115 Business : Restaurant ……………………………………………………………………………………………………
158
Kowloon and New Territories
Jordan Iifa The Ladies Fashion Collection
Sunita Hitang 1/F, 133-134 Bowring Commercial Centre, 150-164 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 3689 4170, 5619 5584 Business : Clothing & Accessories Shop ……………………………………………………………………………………………………
Kowloon Currry House
Jaya Man Rai, Kabi Rai Proprietor G/F, 266 Temple Street, Jordan, Kowloon, Hong Kong Tel : 2384 3570 Business : Restaurant ……………………………………………………………………………………………………
Nepal Store
Mani Kumar Rai G/F, 99 Shanghai Street, Kowloon, Hong Kong, Kowloon, Jordan, Hong Kong Tel : 2384 8200 Mob : 9759 0981 Business : General Store ……………………………………………………………………………………………………
New Horizon Consultancy
Room 312, Bowing Commercial Centre, 150-160 Woo Sung Street, Kowloon, Jordan, Hong Kong Tel : 2736 1211 Fax : 2736 1448 Mob : 6255 8702 E-mail :hkjb@hotmail.com Business : Consultancy ……………………………………………………………………………………………………
New Potala Store
Bhim Kumari Rai G/F, Shop D, 77 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 3586 0175 Fax : 3586 0175 E-mail : desh@hotmail.com Business : General Store …………………………………………………………………………………………………… 159
Kowloon and New Territories
Jordan Om Beauty Skin Care
Pema Ghimire 1/F, Bowring Commercial Centre, 150-164 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 9666 5267 Business : Spa ……………………………………………………………………………………………………
Om Nava Buddha Store
Laxman Thapa Magar G/F, 134 Shanghai Street, Jordan, Kowloon Hong Kong Tel : 2332 9466 Mob : 9244 5455 Business : General Store ……………………………………………………………………………………………………
Parbat Store
Tara Pun G/F, 199 Shanghai Street, Jordan, Kowloon, Hong Kong Tel : 3481 5552 Mob : 6386 5267 Business : General Store ……………………………………………………………………………………………………
Pema Fashion Centre
Hari Ghimire 1/F, 44-45 Bowring Commercial Centre, 150-169 Woosung Street , Jordan, Kowloon, Hong Kong Tel : 6874 1264, 9666 5267 Business : Clothing & Accessories Shop ……………………………………………………………………………………………………
Prime Women’s Fashion Wears
MilanKai 1/F, 52 Bowring Commercial Centre, 150-164 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 6991 3776, 9664 8691 Business : Clothing and Accessories Shop ……………………………………………………………………………………………………
160
Kowloon and New Territories
Jordan R. K. Store
Ram Kaji Gurung G/F, 304 Shanghai Street, Jordan, Kowloon, Hong Kong Tel : 2375 5690 Business : General Store ……………………………………………………………………………………………………
Sangam Store
Gyan Subba G/F, 25A Kwun Chung Street, Jordan, Kowloon, Hong Kong Tel : 2735 3018 Business : General Store ……………………………………………………………………………………………………
Spice Bastra
Bona Rai G/F, 21 Civic Commercial Building, 165-167 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 6768 6975 Business : Clothing & Accessories Shop ……………………………………………………………………………………………………
Standard Employment Limited
Dhan Kumar Gurung 9/F, Rm H, New Lucky House, 15 Jordan Road, Jordan, Kowloon, Hong Kong Tel : 2367 1776, 6091 0349, 9278 4404 Fax : 2388 2087 E-mail : thestandardsgurkhas@gmail.com Business : Employment Agency (Domestic Helper) ……………………………………………………………………………………………………
Sunshine Salon
Anita Gurung (Manju)/ Ms. Sangita Gurung G/F, Shop No 160 Shanghai Street, Jordan, Kowloon, Hong Kong Tel : 9435 1861, 6747 3394 Business : Salon ……………………………………………………………………………………………………
161
Kowloon and New Territories
Jordan Universal Cyber
Narayan Gurung Manager M/F, 197 Temple Street, Jordan, Kowloon, Hong Kong Tel : 2771 4580 Fax : 2771 4581 Mob : 6373 9470 E-mail : ucyber@gmail.com Business : Cyber Café ……………………………………………………………………………………………………
Yak ‘N’ Yeti
Dil Phombo G/F, 322-324 Canton Road, Jordan, Kowloon, Hong Kong Tel : 2736 6624 Fax : 2736 6634 Business : Restaurant ……………………………………………………………………………………………………
88 Conveniencial Store
Daya Kumari Thapa G/F, 11 Reclamation Street, Jordan, Kowloon, Hong Kong Tel : 3484 8571 Fax : 2232 1729 Business : General Store ……………………………………………………………………………………………………
Himalayan Store
David Gurung/ Sumitra Gurung G/F, 3B, Man Ying Building, 1-8 Man Yuen Street, Jordan, Kowloon, Hong Kong Tel : 9543 2474, 6356 8960 Business : General Store ……………………………………………………………………………………………………
Image Hair Salon
Anita Gurung G/F, 46 Battery Street, Jordan, Kowloon, Hong Kong Tel : 2374 0455 Mob : 6332 8474 Business : Salon ……………………………………………………………………………………………………
162
Kowloon and New Territories
Jordan Kamala Store
Harka Gurung G/F, 171 Shanghai Street, Jordan, Kowloon, Hong Kong Tel : 9345 2097, 6939 0286 Business : General Store ……………………………………………………………………………………………………
Lali Guras Store
Chul Bahadur Gurung G/F, 19 Reclamation Store, Jordan, Kowloon, Hong Kong Tel : 2359 3676 Mob : 9809 3277/ 6227 1186 Business : General Store ……………………………………………………………………………………………………
Pokhara Store
Chandra Kumari Gurung G/F, 32 Reclamation Street, Jordan, Kowloon, Hong Kong Tel : 3485 9937, 6017 8499 Business : General Store ……………………………………………………………………………………………………
Poon Store
Maila Pun G/F, Shop B, Wing Hing Building, 17 Reclamation Street, Jordan, Kowloon, Hong Kong Tel : 6138 1367 Business : General Store ……………………………………………………………………………………………………
VIP Store
Dharma Limbu Proprietor G/F, 11A-2 Bowring Street, Jordan, Kowloon, Hong Kong Tel : 3487 6542, 5125 4040 Mob : 6629 3341 Business : General Store ……………………………………………………………………………………………………
163
Kowloon and New Territories
Jordan Curry Express
Jaya Man Rai Propritor G/F, 79C Woosung Street, Jordan, Kowloon, Hong Kong Tel : 2770 0224, 2771 6900 Fax : 2770 0254 Mob : 9832 4352 Business : Restaurant ……………………………………………………………………………………………………
Wealth Talent Ltd.
Basanta Shrestha Managing Director 3/F, Flat E, , Civic Commercial Building Centre, 165-167 Woosung Street, Jordan Kowloon, Hong Kong Tel : 3489 2115 Fax : 3489 2116 Mob : 6905 5109 E-mail : securitywealthtalent@gmail.com Business : Employment Agency (Security) ……………………………………………………………………………………………………
Tribeni Hair & Beauty Salon
M/F, 127 Shanghai Street, Jordan, Kowloon Hong Kong Tel : 2771 1544 Mob : 6538 3582 Business : Salon ……………………………………………………………………………………………………
Ashim Consultancy Company
Lab Kumar Gurung 11/F, Flat D, Civic Comm. Bldg, 165-167 Woosung Steet, Jordan Kowloon, Hong Kong Tel : 2377 1845 Fax : 2430 2707, 2377-1842 Mob : 6226 5472, 6152 6874 E-mail : gurung_lkg@yahoo.com Business : Consultancy ……………………………………………………………………………………………………
164
Kowloon and New Territories
Jordan Kangan Restaurant & Bar
Kamal Paudyal 1/F, Real Sight Commercial Building, 122 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 2314 1633 Mob : 9042 7154 E-mail : kangan_hk@yahoo.com Business : Restaurant & Bar ……………………………………………………………………………………………………
Little Buds Kindergarten
Dhan Thapa Supervisor G/F-1/F, Unit E, Golden Court, 1-4 Ferry Street, Jordan, Kowloon, Hong Kong Tel : 3586 2830 Fax : 3586 2831 Mob : 6099 1860 E-mail : admin@littlebuds.edu.hk Website : www.littlebuds.edu.hk Business : Kindergarten School ……………………………………………………………………………………………………
Namaste Tours and Travels
Netra Paharai Managing Director 14/F, Flat A, Po Yip Comm. Bldg, No. 147 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 2375 7117, 9477 8482 Fax : 2375 7116 Website : namastetours.travels@gmail.com, paharai@hotmail.com Business : Travel Agency ……………………………………………………………………………………………………
Natural Hair & Beauty Salon
Kamala M/F, 89 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 6409 7457 Business : Hair & Beauty Salon ……………………………………………………………………………………………………
165
Kowloon and New Territories
Jordan NIMI Ladies Fashion & Accessories
1/F, Shop 23-24, Bowring Commercial Centre, 150-164 Woosung St, Jordan, Kowloon, Hong Kong Tel : 6438 1429 Business : Clothes & Accessories Store ……………………………………………………………………………………………………
Pema Fashion Centre (Lady’s Fashion Wears)
Hari 1/F, Shop 44-45, Bowring Commercial Centre, 150-164 Woosung Street, Jordan, Kowloon, Hong Kong Tel : 6874 1264, 9666 5267 Business : Clothes & Accessories Store ……………………………………………………………………………………………………
Get Way Overseas Employment Limited
Hem Limbu Director 16/F, Room1602, Royal Commercial Centre, 56 Parkes Street, Jordan, Yau Ma Tei, Kwoloon Hong Kong Tel : 97178861 Business : Employment Agency ……………………………………………………………………………………………………
CHN (Hong Kong) Limited
Buddhi Bahadur Thapa Managing Director 2/F, Room 201 , 150-164 Woosung Street, Jordan, Kowloon, Hong Kong Fax : Tel : 34279010 Fax : 34279042 E-mail :chn_tha@yahoo.com.hk Business : Trading ……………………………………………………………………………………………………
166
Kowloon and New Territories
To Kwa Wan, Tsim Sha Tsui Great Himalayan Shippers Ltd.
Shyam Radhey Bajaj 9/F, Unit-3A, Hing Wah Centre, 82-84 To Kwa Wan Road, Kowloon, Hong Kong Tel : 2368 1207 Fax : 2312 2634 Mob : 9438 0505 (Ram) E-mail : ram@greathimhk.com Business : Trading ……………………………………………………………………………………………………
Digitek Telecom Limited
Agarwal Gopal Room 811, Houston Centre, 63 Mody Road, Tsim Sha Tsui East, Kowloon, Hong Kong Tel : 3693 4114 Fax : 3521 0139 Mob : 9464 4459 (Gopal) E-mail : gopal@digitektelecom.com Business : Trading ……………………………………………………………………………………………………
GS Accounting Training Institute
Gurung & Shum Chartered, Certified & Qualified Professionals 4/F, Unit 406B, Mirror Tower, 61 Mody Road, Tsim Sha Tsui East, Kowloon, Hong Kong Tel : 3154 9450, 3154 9454 Fax : 3154 9461 E-mail : info@gsbscpa.com Business : Training Institute ……………………………………………………………………………………………………
S. K. Shum & Co, Gurung & Shum Business Solutions Limited HM Gurung CEO 4/F, Unit 406B, Mirror Tower, 61 Mody Road, Tsim Sha Tsui East Kowloon, Hong Kong Tel : 3154 9450, 3154 9451 Fax : 3154 9461 E-mail : hm@gsbscpa.com, hmgcpa@gmail.com Business : Certified Public Accountants
……………………………………………………………………………………………………
167
Kowloon and New Territories
Tsim Sha Tsui Himalayan Tours & Travels Ltd.
J.N. Gyawali Director Flat-D, 5/F, Majestic House, 80 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 23772220 / 23772221 Fax : 23772008 E-mail : sales@himalayan.com.hk Website : www.himalayantravelhk.com Business : Travel Agency ……………………………………………………………………………………………………
The New Sangeet Indian Restaurant
Pawan Kumar Khemka Shop No. 06-08, Upper Ground Floor, Toyo Mall Inter Continental Plaza, 94 Granville Road, Tsim Sha Tsui East, Kowloon, Hong Kong Tel : 23675619, 2368 7614 Business : Restaurant ……………………………………………………………………………………………………
Dragon Airline Limited
Suite 1808, 18th floor, Tower 6, The Gateway, Harbour City, 9 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 3193 3888 Fax : 3193 3889 Website : www.dragonair.com Business : Airline ……………………………………………………………………………………………………
Holiday Guest House
Khem E Block, 6/Floor, E-1, Chung King Mansion 36-44 Nathan Road, Kowloon, Hong Kong Tel : 2316 7152 Fax : 2316 7181 Mob : 9121 8072 Business : Guest House
Tsim Sha Tsui,
……………………………………………………………………………………………………
169
Kowloon and New Territories
Tsim Sha Tsui Jay Enterprises
Jagdeep Gurung Proprietor 8/F, Blk C, Flat C3, Chung King Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2722 7276, 2368 5521 Fax : 2721 7911 Mob : 91970151 / 6900 8007 E-mail : jayenthk@biznetvigator.com Business : Agent & Distributor ……………………………………………………………………………………………………
Surya Restaurant
Gopal Biswakarma (Mark) Director G/F, Lyton Building, 48 Mody Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2366 9902 Fax : 2368 1013 E-mail : noblecurry@yahoo.com.hk Website : www.surya.hk Business : Restaurant ……………………………………………………………………………………………………
Kowloon T.S.T. Guest House
Dhan Bahadur Thapa Proprietor Block ‘B’ 11 Floor Flat B4, Block ‘C’ G Floor Flat C2, Chung King Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2724 0041 Mob : 9732 4041 Business : Guest House ……………………………………………………………………………………………………
Melissa International Limited
Yuba Raj Gurung Managing Director 11/F, Flat-2, Block-C, Chung King Mansion, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2369 4656, 2368 4362 Fax : 2739 9314 Mob : 6477 3544 E-mail : yuba56@hotmail.com Business : Trading …………………………………………………………………………………………………… 170
Kowloon and New Territories
Tsim Sha Tsui Pacific Overseas
Shankar Pareek Proprietor 14/F, Flat/Rm C, Star Mansion, 3-5 Minden Row, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2722 1480 Fax : 2722 1481 E-mail : pareek@netvigator.com Business : Trading ……………………………………………………………………………………………………
Sapkota Enterprises
Khaga Raj Sapkota Proprietor 6/F, Block B, , Flat B-4, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2724 8566 Fax : 2366 0094 Mob : 6252 5223 E-mail : sapkotakha@yahoo.com Business : Enterprise ……………………………………………………………………………………………………
Sunrise Travel (HK) Ltd.
Rajendra Shrestha Chairman Room B, 8/F, Season Commercial Building, No. 3 Humphrey’s Avenue, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 3170 5888 Fax : 3170 5887 E-mail : manager@sunrisetravelhk.com Website : www.sunrisetravelhk.com Business : Travel Agency ……………………………………………………………………………………………………
Anmol Trading & Services
Ganesh Bahadur Basnet 11 /F, Block D, Flat D1, Chungking Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2723 1336 Fax : 2316 7151 Mob : 98744041 E-mail : bbasnetganesh@yahoo.com Business : Trading & Services …………………………………………………………………………………………………… 172
Kowloon and New Territories
Tsim Sha Tsui Aandikhola Store Limited
5/F, Room 5, Beveley Commercial Centre, 87-105 Chatham Road South, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 3188 9544, 6180 2279 E-mail : andhikhola_store@yahoo.com Business : General Store ……………………………………………………………………………………………………
Baba Exim Ltd.
Vinod Dhariwal 19/F, Eu Yan Sang Tower, 11-15 Chatham Road South, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2722 4630, 2722 4650 Fax : 2369 1155 Mob : 9163 8977 E-mail : st77@netvigator.com Business : Trading ……………………………………………………………………………………………………
China Foreign Exchange & Remittance Services
Chakra Bahadur Rai Director 1/F, Shop No. 77, Chung King Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2316 2611 Fax : 2316 2411 Mob : 9482 5719 E-mail : chakra@netvigator.com, nownepal@gmail.com Website : www.cashpaynow.com Business : Exchange & Remittance Services ……………………………………………………………………………………………………
Citi-Wealth International Investment Ltd.
Shiv Kumar Director 1/F, Shop No. 102, Chung King Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2312 0366, 2367 2760 Fax : 2366 7086 Mob : 95157520 E-mail : hk_sherepunjab@yahoo.com, winneruk@gmail.com Business : Investment …………………………………………………………………………………………………… 173
Kowloon and New Territories
Tsim Sha Tsui India Restaurant
Chitra Bir Bishwakarma Proprietor 6/F, 10 Prat Avenue, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2366 6591 Business : Restaurant ……………………………………………………………………………………………………
City Sky Corporation Ltd.
Siv Kumar Adukia 15/F, Suite 1501-1505, Empress Plaza, 17-19 Chatham Road South, Tsim Sha Tsui Kowloon, Hong Kong Tel : 2369 4500 Fax : 2368 4754 Mob : 9471 6029 E-mail : info@cityskyhk.com Website : www.cityskyhk.com Business : Trading ……………………………………………………………………………………………………
Daniel Employment Agency
Daniel Fast food Suraj Gurung Director G/F, Shop 100A, Chung King Mansion, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2367 5587 Fax : 2367 9605 Mob : 6347 0708 E-mail : gurungsuraj@hotmail.com Business : Employment Agency & Fast Food ……………………………………………………………………………………………………
East Asia Trading Co.
Shankarial Sureka 17/F, Rm. 1725-26, , Star House, 3 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2522 5225, 2524 4837 Fax : 2868 5955 E-mail : eahk@hkstar.com Business : Trading ……………………………………………………………………………………………………
174
Kowloon and New Territories
Tsim Sha Tsui Eastern Industries
Himanshu Modi 1116-1117 Beverley Comm. Ctr, 87-105 Chatham Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 3184 0841 Fax : 3184 0891 Mob : 9844 1551 E-mail : hmodi@easternind.com Business : Trading ……………………………………………………………………………………………………
GAilkot International (H.K.) Import & Export
B. R Global Trading Co. Ltd. C.R. Gaire (Chetan) Managing Director 9/F, Blk C, C5, Chungking Mansions, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2449 3625, 2369 4314 Fax : 2366 0024 Mob : 9740 3482, 9537 5870 E-mail : galkothk@yahoo.com Business : Trading ……………………………………………………………………………………………………
Golden Wheel Impex Ltd.
Ratan Kumar Nahata Rm-802, Multifield Plaza, 3-7A Part Avenue, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 3113 6873 Fax : 3113 6903 Mob : 9520 6798 E-mail : gwi8@biznetvigator.com Business : Trading ……………………………………………………………………………………………………
Guru Exchange Company
Pawan Kumar Khemka SG/F, Shop 95, Chungking Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2311 7185 Fax : 2739 9526 Mob : 9801 6411 Business : Trading …………………………………………………………………………………………………… 175
Kowloon and New Territories
Tsim Sha Tsui Himalayan Tones Music Academy
Dinesh Subba Proprietor/Music Teacher 13/F, D-1, Chung King Mansions, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2367 6156 Mob : 9750 6032 E-mail :daidinesh@hotmail.com Business : Music Academy ……………………………………………………………………………………………………
International Enterprises
Ashok Sureka 7/F, Room I, Far East Mansion, 5-6 Middle Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2721 7861, 2721 7029 Fax : 2311 3247 Mob : 9197 7423 E-mail : ashok@intl-ent.com Business : Trading ……………………………………………………………………………………………………
Galaxy Network Ltd.
J.N. Gyawali Managing Director Flat-D, 5/F, Majestic House, 80 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2721 3869, 2723 2501 Fax : 2369 7085 Mob : 9022 4517 E-mail : kusum@netvigator.com Business : Trading ……………………………………………………………………………………………………
Galaxy exchange
Raj Gyawlai Director Shop 91-92, 1/F, Chung King Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 27211100, 27211102 Fax : 27211003 E-mail : galaxyex@biznetvigator.com , rajgyawali@gmail.com Business : Exchange & Remittance Services ……………………………………………………………………………………………………
177
Kowloon and New Territories
Tsim Sha Tsui J N Exports
Mool Chand Baid 8/F, Flat E, Far East Mansion, 5-6 Middle Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2368 7218, 2723 1814 Fax : 2367 0659, 2724 2266 Mob : 9094 4553, 94255508 E-mail : mcbaid@jnexport.com.hk Website : www.jnexports.com Business : Trading ……………………………………………………………………………………………………
Kam Han Industrial Ltd.
Keshari Chand Chhajer 1012 Beverley Commercial Centre, 87-105 Chatham Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2368 1383 Fax : 2368 2968 Mob : 64071151 E-mail : kamhan@kamhan.com Business : Trading ……………………………………………………………………………………………………
Landmark Exim (HK) Co.
Ram Agarwal Room 836-837, Beverley Commerical Cente, 87-105 Chatham Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2314 0448 Fax : 3904 4465 Mob : 9270 4962 E-mail : ram@lmechina.com Website : www.lmechina.com Business : Trading ……………………………………………………………………………………………………
Metro Asia
11/F, Blk-D, D1, Chunking Mansion, 36-44 Nathan Road, Tsim Sha Tsui Kowloon, Hong Kong Tel : 3583 1147, 2723 1336 Fax : 2721 6708 Business : Trading and Consutancy ……………………………………………………………………………………………………
179
Kowloon and New Territories
Tsim Sha Tsui New Fishtail Store
Kisan Gurung G/F, 340 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2317 7017 Mob : 6855 1136 Business : General Store ……………………………………………………………………………………………………
Niti Internationa Ltd.
Pratik Sawarthia 12/F, Room 1208, Silvercord Tower 2, 30 Cantn Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2721 8276 Fax : 2367 0145 E-mail : puja@netvigatorcom Business : Trading ……………………………………………………………………………………………………
SINGI TELE TRADE COMPANY
K. B. Gurung Director 13/F, Flat I, Far East Mansion, 5-6 Middle Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2369 2055 Mob : 9093 9867 E-mail : neverest@netvigator.com Business : Trading ……………………………………………………………………………………………………
Niti International Ltd.
Ramesh Kumar Sawarthia, Aruna Devi Sawarthia 12/F, Rm 1208, , Tower 2, Silvercord, 30 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2721 8276, 2367 9008 Fax : 2367 0145 Mob : 9092 6313 E-mail : puja@netivator.com Business : Trading ……………………………………………………………………………………………………
181
Kowloon and New Territories
Tsim Sha Tsui Oscar Overseas (HK) Ltd.
Goyal Purushottam Das, Sudha Goyal 20TH Floor, Room 2008, Multifield Plaza, 3-7A Prat Avenue, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2367 1930/31/32 Fax : 2367 5647 Mob : 92390048 E-mail : gsmtrade@hotmail.com Business : Trading ……………………………………………………………………………………………………
Osian Enterprises
Bardhman Baid, Renu Baid 12/F, C6, , Hankow Centre, 1 C Middle Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2739 2077 Fax : 2735 2077 Mob : 6900 6555, 6900 5252 E-mail : bmbhk@netvigator.com Business : Trading ……………………………………………………………………………………………………
Overseas Gurkha Limited
6/F, Room 601, 1-3 Hart Avenue, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2723 3132 Fax : 2723 3114 Mob : 6760 7235 E-mail : overseaswell@hotmail.com, lingden@hotmail.com Website : www.overseaswell.com Business : Employment Agency (Domestic Helpers) ……………………………………………………………………………………………………
Pacific International China Ltd.
Manish Rungta, Sweta Rungta 13/F, Flat F, Alpha House, 27-33 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2368 9190, 2368 9704 Fax : 2368 9015, 2367 0064 Mob : 9801 5000 E-mail : sales@gninemobiles.com, manish_rungta@hotmail.com Website : www.icellmobiles.com, www.gninemobiles.com Business : Trading ……………………………………………………………………………………………………
182
Kowloon and New Territories
Tsim Sha Tsui Pacific International China Ltd.
Mukesh Kumar Goyal, Suchita Goyal 13/F, Unit-F, Alpha House, 27-33 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2368 9190, 2368 3819 Fax : 2368 9015, 2367 0064 Mob : 9460 4427, 9035 3992 E-mail : intime@netvigator.com, goyal@icell.hk Website : www.icell.hk, www.gninemobiles.com Business : Trading ……………………………………………………………………………………………………
Nepal Airlines
Dwarika Joshi Country Manager 704 Lipp Sun Plaza, 28 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2375 9151 Fax : 2375 7069 Email : nac_hkg@nac.com.np Business : Airline ……………………………………………………………………………………………………
S. D. International Hong Kong Ltd.
Shiv Kumar Director 1/F, Shop No. 102, Chung King Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2312 0366, 2367 2760 Fax : 2366 7086 Mob : 95157520 E-mail : hk_sherepunjab@yahoo.com, winneruk@gmail.com Business : Guest House ……………………………………………………………………………………………………
Sanwa Enterprises
Sanjay Bhimsaria, Sangita Bhimsaria 12/F, Room No. 1201/2 A Hart Avenue, Supreme House, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2366 3351 Fax : 2724 2572 Mob : 9199 9513 E-mail : sanju88@netvigatorcom Business : Trading …………………………………………………………………………………………………… 183
Kowloon and New Territories
Tsim Sha Tsui Sher-E-Punjab
Shiv Kumar Director 1/F, Shop No. 102, Chung King Mansion, 36-44 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2312 0366, 2367 2760 Fax : 2366 7086 Mob : 95157520 E-mail : hk_sherepunjab@yahoo.com, winneruk@gmail.com Business : Restaurant ……………………………………………………………………………………………………
Dee’s Shop
Shop 110B, G/F, Chung King Mansion, 36-44 Nathan Road, Tsim Tsa Tsui, Kowloon, Hong Kong Tel : 2312 0082 Fax : 2191 9016 Business : Trading ……………………………………………………………………………………………………
The Crown Commercial House
Radha Devi Khatuwala, Kailash Chandra Khatuwala, Malti Devi Khatuwala Room No. 1114, Beverley Commerica Centre, 87-105 Chatham Road, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2723 5654/55/56 Fax : 2369 0786 Mob : 9174 7781 E-mail : crown@crownhk.com Business : Trading ……………………………………………………………………………………………………
Worldwide International
Roshan Lal Gupta, Krishna Devi Gupta 14B, Minden House, 13-15 Minden Avenue, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2301 2171, 2301 2172 Fax : 2301 2170 Mob : 9752 4941 Website : indohk@live.com Business : Trading ……………………………………………………………………………………………………
184
Kowloon and New Territories
Yau Ma Tei Yiu Heng Cheung Co.
Ramesh Kumar Bhansali, Sunita Bhansali 6/F, Flat F, Windsor Mansion, 29-31 Chatham Road South, Tsim Sha Tsui, Kowloon, Hong Kong Tel : 2722 0822 Fax : 2366 3198 E-mail : crtx@netvigator.com Business : Trading ……………………………………………………………………………………………………
Bhanjyang Fresh Meat
C. Kumar 1/F, 113 Reclamation Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 9240 3822 Business : General Store ……………………………………………………………………………………………………
Hamro (DMP) Store
Suraj Menyangbo (Padam) G/F, 62 Battery Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 3583 4653 Fax : 3583 4653 Mob : 6348 9617 Business : General Store ……………………………………………………………………………………………………
House Special Store
Hem Kala Rai G/F, 26-A2 Battery Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 9340 1146 Business : General Store ……………………………………………………………………………………………………
Kamana Super Store
Aarati Rai G/F, Shop 3, 28 Battery Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2771 1107 Mob : 9149 4665 Business : General Store ……………………………………………………………………………………………………
185
Kowloon and New Territories
Yau Ma Tei M. A. - 2 Shop
Keshab Chandra Gurung G/F, 24A Reclamation Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 6856 4357 Business : Audio Video Shop ……………………………………………………………………………………………………
Mahalaxmi Saree Centre
Ratna Hyoju G/F, Shop C1, 50A Reclamation Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 6358 2523 Business : Clothing & Accesories ……………………………………………………………………………………………………
Mandala Arts Trading Co.
Bhim G/F, 195 Shanghai Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2781 1500 Mob : 9237 0745 E-mail : mandalaarts@live.com Website : www.mandalaarts.com.hk Business : Trading ……………………………………………………………………………………………………
New Nepali Corner
Kancha G/F, 848 Canton Road, Yau Ma Tei, Kowloon, Hong Kong Tel : 2625 5564 Fax : 2625 5564 Mob : 6475 9099 E-mail : thapakomal_5@hotmail.com Business : General Store ……………………………………………………………………………………………………
Curry Corner
Kabi/ Shyam G/F, Shop 2 Nanking Street, Yau Ma Tei, Kowloon, Hong Kong Mob : 9741 4232 Business : Restaurant ……………………………………………………………………………………………………
186
Kowloon and New Territories
Yau Ma Tei Sayapatree
Shashi Madan Rai Director G/F, 163 Shanghai Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2770 4445 Fax : 2770 0767 Mob : 9203 3715 E-mail : mail@sayapatree.com, festive_art@hotmail.com Website : www.sayapatree.com Business : General Store ……………………………………………………………………………………………………
Yours Shop
Arjun Kumar Gurung Proprietor G/F, 88 Portland Street, Mong Kok, Kowloon, Hong Kong G/F, 173 Temple Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2710 7500, 2770 4599 Fax : 2710 7500 Business : General Store ……………………………………………………………………………………………………
A1 Supermarket
Gurung Bhakta Director G/F, 60 Battery Street, Yau Ma Tei, Kowloon, Hong Kong G/F-1, Cheong Sing Bldg., Hop Choy Street, Yuen Long, New Territory, Hong Kong Tel : 2374 4564 (Yau Ma Tei), 2443 6635 (Yuen Long) Fax : 2374 4565 Mob : 9512 8594 E-mail : aonesupermarket@gmail.com Business : General Store ……………………………………………………………………………………………………
Best Remit
Pradeep Kandangwa G/F, 131 Shanghai Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2780 3287 Fax : 2600 0077 Mob : 6014 8466 E-mail : bestremithk@gmail.com Website : www.best-remit.com Business : Exchange & Remittance Services …………………………………………………………………………………………………… 187
Kowloon and New Territories
Yau Ma Tei Dhantakali Store
Bikram Rai G/F, 2A Wing Sing Lane, Yau Ma Tei, Kowloon, Hong Kong Tel : 2736 1160 Mob : 9061 5224 Business : General Store ……………………………………………………………………………………………………
Kone Engineering & Construction Co. Ltd.
Archan Gurung Managing Director 4/F, Unit C, Lee Kiu Building, 51 Jordan Road, Yau Ma Tei, Kowloon, Hong Kong Tel : 2783 0550 Fax : 2770 7051 Mob : 9082 5122 E-mail : archan@koneeng.com.hk, info@koneeng.com.hk Website : www.koneeng.com.hk Business : Manpower & Material solutions ……………………………………………………………………………………………………
Dharma Arts
Tashi Gurung G/F, 283 Shanghai street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2384 4457 Fax : 2384 4447 Mob : 9075 9561 E-mail : dharma_arts786@yahoo.com Business : Trading ……………………………………………………………………………………………………
Elija Ladies Corner
Naina Rai G/F, Shop G-21, Bowring Commercial Center, 150-164 Woosung Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 5318 1781 Business : Clothes & Accessories ……………………………………………………………………………………………………
189
Kowloon and New Territories
Yau Ma Tei Krishna Hair Salon
Krishna Shrestha 2/F, 187 Shanghai Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2264 8934, 6432 5891 Business : Salon ……………………………………………………………………………………………………
Luxmi Store
Rajendra Limbu G/F, 874 Canton Road, Yau Ma Tei, Kowloon, Hong Kong Tel : 9152 0829 Business : General Store ……………………………………………………………………………………………………
New Look Hair & Beauty Salon
Sita Gurung 1/F, 131 Shanghai Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 3487 1709 Mob : 6351 3720 Business : Salon ……………………………………………………………………………………………………
Om Nama Ganeshiya Store & Cyber Cafe
Tashi Gurung G/F, Shop 14-16, 150-164 Woo Sung Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2314 0211 Mob : 6672 2743 E-mail : gurungtashi@yahoo.com Business : General Store ……………………………………………………………………………………………………
OM Store
Ganga Ghale G/F, 26 Reclamation Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2384 6913 Mob : 6448 3492 Business : General Store ……………………………………………………………………………………………………
190
Kowloon and New Territories
Yau Ma Tei great perfect limited (ETHNIC VOICE WEEKLY)
Binay Shah Marketing G/F, Lauren Court, 835-845 Canton Road, Yau Ma Tei, Kowloon, Hong Kong Tel : 2736 6344 Fax : 2736 6544 Mob : 5192 2627 E-mail : info@ethnicvoiceweekly.com Website : www.ethnicvoiceweekly.com Business : Media ……………………………………………………………………………………………………
Sandesh Store
Tirtharaj Gurung/ Kuma Gurung G/F, Flat B, 286 Shanghai Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2740 9211 Business : General Store ……………………………………………………………………………………………………
Sanskriti Jewellers Limited
Prakash Managing Director G/F, 149D Temple Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2771 8114 E-mail : nepaljewellersandhandicraft@yahoo.com Business : Jwellery Shop ……………………………………………………………………………………………………
Siddha Baba General Store
Sunita Shrestha, Sita Shrestha G/F, 2-8, B1, Reclamation Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 3486 1791 Mob : 9791 4513, 6987 9436 (Sunita) Mob : 6345 8594 (Sita) E-mail : siddhababageneralstore@gmail.com Business : General Store ……………………………………………………………………………………………………
191
Kowloon and New Territories
Yau Ma Tei Pashupati Store (Jordan)
No. 2G, G/F, Nanking Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2770 5554 Fax : 2770 4444 Business : General Store
……………………………………………………………………………………………………
Dynamic Travels & Tours Limited
1/F, 125 Shanghai Street, Yau Ma Tel, Kowloon, Hong Kong Tel : 3575 9175, 3586 0400 Fax : 3575 9185 E-mail :dynamictravelhk@gmail.com Website : www.dynamictravelhk.com Business : Travel Agency ……………………………………………………………………………………………………
Sunshine Saloon
Anita Gurung (Manju)/ Sangita Gurung G/F, Laure-Court, 835-845 Canton Road, Yau Ma Tei, Kowloon, Hong Kong Tel : 2640 9641 Mob : 6747 3394 Business : Salon ……………………………………………………………………………………………………
Suvakamana Store
Ganesh Tamu Managing Director G/F, 180 Shanghai Street, Yau Ma Tei, Kowloon, Hong Kong Tel : 2384 2927 Fax : 2384 2927 Mob : 6090 8694 Business : General Store ……………………………………………………………………………………………………
193
Kowloon and New Territories
Kowloon Bay, Kowloon City, Ho Man Tin Astel Pacific Crown Joint Venture Limited
Bed Khadka Director 9/F, Unit 49, Kowloonbay Int’l Trade & Exhibition Centre, 1 Trademart Drive, Kowloon Bay, Hong Kong Tel : 2796 9229 Fax : 2795 0020 E-mail : bedkhadka@pacific-crown.com Business : Constrution (Waterproofing) ……………………………………………………………………………………………………
Indian Curry King
G/F, 24 South Wall Road, Kowloon City, Kowloon, Hong Kong Tel : 27165128 Business : Restaurant ……………………………………………………………………………………………………
Jaichandlal Nahata
Kankawari Nahata Flat A, 3/F, Sunview Garden, 67 Sheung Shing Street, Ho Man Tin, Kowloon, Hong Kong Tel : 2367 5110 Mob : 9641 8537 Business : Trading ……………………………………………………………………………………………………
Brightex Enterprises
Ramakant Agarwal, Usha Agarwal 18E, Gemstar Tower, 23 Man Lok Street, Hung Hom, Kowloon, Hong Kong Tel : 3962 2200 Fax : 3962 2201 Mob : 9094 6077 Business : Trading ……………………………………………………………………………………………………
194
Kowloon and New Territories
Hung Hom, Tsuen Wan, Tsuen Wan, Tuen Mun Computech Overseas Ltd.
Binod Kumar Bhimsaria, Meera Bhimsaria Room 1104 Hilder Centre, 2 Sung Ping Street, Hung Hom, Kowloon, Hong Kong Tel : 2356 9448 Fax : 2199 7446 Mob : 6184 2499 E-mail : bhimsariagrp@hotmail.com Business : Trading ……………………………………………………………………………………………………
Indian Hot Pot Curry Restaurant
Mr. Lai G/F, 69 Sham Tseng Tsuen, Tsuen Wan, New Territory, Hong Kong Tel : 2496 2060 Mob : 9420 3094 Business : Restaurant ……………………………………………………………………………………………………
Paramount Engineering & Manpower Service Ltd.
Surendra P. Dhakal Director 21/F, Rm.2, Flat D, Glee Industrial Bldg, 77-81 Chai Wan Kok St., Tsuen Wan, New Territory, Hong Kong Tel : 2417 0977 Fax : 2417 0077 Mob : 9163 8140 E-mail : sulandhakal@yahoo.com Business : Employment Agency and Contracting ……………………………………………………………………………………………………
Pacific Crown Engineering Ltd.
Bed Khadka Director Rm. 905, Kin Wing Comm. Bldg, 24-30 Kin Wing Street, Tuen Mun, New Territory, Hong Kong Tel : 2672 9610 Fax : 2466 8589 E-mail : security@pacific-crown.com, bedkhadka@hotmail.com Website : www.pacific-crown.com Business : Engineering and Labour Management ……………………………………………………………………………………………………
195
Kowloon and New Territories
Yuen Long Sangrila Curry House
Krishna Khadka Proprietor G/F, 144 On Ning Road, Yuen Long, New Territory, Hong Kong Tel : 2944 5566 Fax : 2944 5599 E-mail : sangrilacurry@gmail.com Business : Restaurant ……………………………………………………………………………………………………
Pacific Crown Security Services Limited
Bed Khadka Executive Director Rm.. 904 Wing Comm Bldg, 24-30 Kin Wing Street, Tuen Mun, New Territory, Hong Kong Tel : 2455 5878 Fax : 2466 8589 Mob : 6476 0316 E-mail : security@pacific-crown.com Website : www.pacific-crown.com Business : Ex-Gurkha & Local Chinese Security Services ……………………………………………………………………………………………………
Dudh Pokhari Emporium
Chau B. Gurung Proprietor G/F, Shop No. 8, Hong Lok Square, Yuen Long, New Territory, Hong Kong Tel : 2479 1444 Mob : 9721 6044 E-mail : dudhpokhariemporium@yahoo.com Business : Clothes and Accessories ……………………………………………………………………………………………………
New Marsyangdi Store
Gopi Ram Ghale G/F, Shop 7, Hong Lok Square, 8 Hong Lok Road, Yuen Long, New Territory Tel : 2474 7586, 2474 4137 Fax : 2476 9386 Mob : 6183 7417 Business : General Store ……………………………………………………………………………………………………
196
Kowloon and New Territories
Yuen Long Everest Media (Asia) Ltd
Kisan Rai Publisher & Editor 1/F, Room. 6, Yick Fat Building, 11-15 Fung Yau Street North, Yuen Long, New Territory, Hong Kong Tel : 3193 4474 Fax : 3193 4475 Mob : 9420 7156 E-mail : kisan@everesthk.com, kisanrai@gmail.com Website : www.everesthk.com Business : Media ……………………………………………………………………………………………………
Graceful Salon
Sita Limbu Bimala Limbu 2/F, Shop No. 9 Tung Yik Shopping Arcade, Tai Tong Road, Yuen Long, New Territory, Hong Kong Tel : 2944 0383 Business : Salon ……………………………………………………………………………………………………
Millennium Visual Centre
Ganesh Rana Proprietor G/F, Shop 34, Wun Fat Building, 8 Wang Fat Pat, Yuen Long,. New Territory, Hong Kong Tel : 31470241 Mob : 60925074 E-mail :Rana.ganesh39@yahoo.com Business : Audio Video Shop ……………………………………………………………………………………………………
Pashupati Store(Yuen Long)
1/F, 92-94 Hopyick Shopping Plaza, 33 Hopchol Street, Yuen Long, New Territory, Hong Kong Tel : 2449 3876 Fax : 2449 3854 Business : General Store ……………………………………………………………………………………………………
198
Kowloon and New Territories
Yuen Long , Kam Tin Siddhartha Fast Food Centre
Damayant Gurung G/F, 15-17 Hung Ming Court, Yuen Long, New Territory, Hong Kong Tel : 2944 3458 Business : Restaurant ……………………………………………………………………………………………………
Sijan Store
Shop No 21 G/F, Fu Loy Garden, Ma Wang Road, Yuen Long, New Territory, Hong Kong Shop No 8&9 G/F, Hang Fok Building, Stage 4, No 69-89 Ma Wong Road, Yuen Long, New Territory, Hong Kong Tel : 2449 3625, 2449 3625 Mob : 6701 6826 E-mail : sijanstoreyuenlong@gmail.com Business : General Store ……………………………………………………………………………………………………
Yamin Shop
Asha G/F, No 177 Main Road, Kam Tin, Yuen Long, New Territory, Hong Kong Tel : 6677 7494, 3193 4354 Mob : 9444 6045 Business : General Store ……………………………………………………………………………………………………
Laligurans Salon & Skin Care Centre
Saku Gurung 3/F, 17/B, Tung Yick Building, Tai Tong Road, Yuen Long, Hong Kong Tel : 3193 4050 Mob : 6223 2699 Business : Salon & Skin Care ……………………………………………………………………………………………………
Ashika Fresh House & Store
Laxman (Pamali) G/F, 85 Tai Hong Wai, Kam Tin, New Territory, Hong Kong Tel : 9130 1064, 5440 3326, 6217 1130 Business : General Store ……………………………………………………………………………………………………
199
Kowloon and New Territories
Kwai Chung, Shatin, Kwai Chiung, Others Gurkhas Ekta International (Hong Kong) Limited
Yem Kumar Gurung Managing Director 20/F, Flat C2, Mai Luen Industrial Building, 23-31 Kung Yip Street, Kwai Chung, New Territory, Hong Kong Tel : 2156 2220 Fax : 2156 2221 Mob : 9232 9774 E-mail : info@ektainternational.biz Website : www.ektainternational.biz Business : Employment Agency ……………………………………………………………………………………………………
DYNAMICS HONG KONG LIMITED
Rajendra Kumar Thapa Room F, 16/F, Block 1, Golden Dragon Industrial Center, 152-160 Tai Lin Pai Road, Kwai Chung, New Territory, Hong Kong Tel : 23111980 Fax : 23111979 E-mail :dynamicshk@bznetvigtor.com ……………………………………………………………………………………………………
Star Ease International Ltd.
Pritam Shrestha 8/F., Unit 802 Technology Park, 18 On Lai Street, Shatin, New Territory, Hong Kong Tel : 2607 2567, 3595 0368 Fax : 2607 2859 Mob : 9232 9774 E-mail : psstarease@yahoo.com.hk Website : www.starease.cn.alibaba.com Business : Trading ……………………………………………………………………………………………………
Apexwell Trading Ltd.
Satish Chandra Goel Shakuntala Goel GPO Box Hong Kong Tel : 9640 9495 Mob : 9640 9495 E-mail : goelsatish@hotmail.com Business : Trading …………………………………………………………………………………………………… 200
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Join Chamber Joining the Chamber is a great way to gain new business prospects; you can become an active part of your community and learn about new ways to advertise your business. As a member of the Nepal Chamber of Commerce Hong Kong, you will have endless opportunities to meet with other members in order to promote your business and develop long-term relationships. You can attract more local business and have resources available as a part of the Chamber of Commerce. It’s also a great way to make connections, meet new business people and become informed about the activities going on in your local community. Some examples would be Seminars, Meetings, Workshop, Lunches or informal gatherings Get a FREE listing for your business in our web site: www.nepalchamber.hk, which will include contact name and telephone number. You will also be listed in our printed directory, which will be available to clients and visitors alike. Receive “Chamber Exclusive” discounts offered by members for members and “Membership Plaque”, free for you to display in your business, to show your enthusiasm and association with our chamber. The Chamber offers the following categories of membership: Membership Categories
Description
Entrance Fee
Annual Fee
Corporate Patron
Individual or Corporate representative has voting right with one additional nonvoting members
Waived
HK$25,000 (3 years)
Corporate Gold
Individual or Corporate representative has voting right with one additional nonvoting members
Waived
HK$20,000 (3 years)
Corporate
Individual or Corporate representative has voting right
Waived
HK$1,500 (2 years)
Individual
Individual, non-voting member
Waived
HK$1,000 (2 years)
Additional
Additional, non-voting member
Waived
HK$1,000 (2 years)
Overseas
Individual or Corporation, non-voting and non-resident in HK
Waived
US$200 (2 years
Please download and complete the membership application from http://www.nepalchamber. hk/forms/ncchk-membership-application-form.pdf and return to our office address with cheque. 203