Job Details for the position of "Country Manager"- a Leading Hydropower Company in Nepal.

Job Specification 
* Min 5 years of experience in accounting management, accounting/ audit or similar experience as accounting manager in mid-size enterprises (preferably international). 
* Fluency in written and oral English is an absolute requirement. 
* Chartered accountant degree. Extensive knowledge of accounting standards and IFRS. 
* Proven ability to engage with employees in a respectful and constructive manner. 
* Analytical, persistent and energetic. 
* Proven track record, demonstrating high professional standards, integrity and undisputable business ethics. 

Job Description 

* Preparing financial accounts of the company for statutory reporting, as well as reporting to the   management board. 

* Maintaining accounting controls; overseeing accounting policies and procedures; guide the organization in implementing prudent accounting standards. 
* Providing input to strategic plans and reviews; preparing and completing action plans; managing and completing audits; preparing special analysis; implement change. 
* Preparing annual budgets and periodic forecasts; scheduling expenditures; analyzing variances; initiating corrective actions. 
* Ensuring statutory compliance within the finance and accounts area. 
* Inspire, train and  the accounting team.

Nepal Investment Year 2012/13 and The Investment Board.

The Investment Board:

           The Board CEO says, they are about to finalize their rules & regulations, which will provide the board a legal ground. Also investment board is coming with Investment year approaches.

Investment Year Approaches:

         1st: Coming up with comprehensive but very transparent incentive framework, which can be shared. So the investors also know that  where they are getting into.(Conducting Research on the modality for the incentives & also studying International model)

        2nd: Trying to come up with a "benefit-cost" model for various project. (Which will help Board to determine how much incentive they can give to the investors)

        3rd: Board is working for an "investor tracking mechanism" that will give the Board the financial and other relevant data of investors(like how much investor has invested, where they have invested). It will help the Board, where they really need to improve.

Top lists on 50 viable projects:

• Infrastructure 
• Minerals & Mines
• Agriculture & Agro processing
• Hydropower
• Tourism
• Other service sectors like Education, Health & Information, Communication & Technology. Other sectors will be finalized very soon.

The Role & Facilities of Board (especially for foreign investors): 

        As investment is the continuous process, and making the investment year for a mere fiscal makes no sense at all. Investors face problems once investment is made and they should be helped during the process. The Board will be responsible to exist in the long run so as to give post-investment services. Two models to serve investors.

1. As a facilitator, Board will have investment relationship officer, these officers will knock the door of agencies to get the projects registered & create necessary groundwork before setting their projects office.
2. Board has conceptualized different desks from several agencies which the investors need to visit during their investment registration.  

        For all above most of the acts regarding labor and the industrial sector needs prompt reforms. For the competitive market investment all need to have refined acts & policies governing the industrial sector. The Board already formed a sub-committee to coordinate with the respective government agencies for this.  

                                Source: Based on 'an interview with Board CEO' in a leading English Daily.

     As the international community, the major donor countries are very much concern with the planning of Investment Board.We have Big sources of renewal energy and also have further big opportunities in the Tourism sector with our charming Nature Beauty. US President Obama's call on congress to invest more money in clean energy sector and end multi-billion dollar subsidies given each year to oil companies, that may lead the future global investment on energy sector will be for the renewal energy, like Hydro power. Nepal can be the leader of clean-energy in our region with the rising demand of electricity in South Asia.

     Each and every Nepali around the globe (from WALING to WASHINGTON -- OWLANGCHUNG to OSLO) should be willing to have Shares of Big Hydropower projects. They must be forced to invest with Big-Hope. The future planning & policy of the Board must be focused on all this. With 20-year Vision we can achieve all this. But for the "Big-Hope" the Eco-Political environment should be in favor, then only we can create a huge capital from everywhere, everyone.

     One of my nepali -daju willing to invest Rs. 20,000 after 1year (by selling his two sheeps) in the Hydropower project nearby his village.

       Our Vision- Our Research- Our Planning- Our Money- Our Projects- Our Human Resources- Our New Nepal.

सेयर खरिद गर्दा खोजिने स्रोतको सीमा एक करोड रुपैयाँ बनाउनुपर्ने प्रस्ताव- The nagarik business news

   धितोपत्र बोर्डले सेयर खरिद गर्दा खोजिने स्रोतको सीमा एक करोड रुपैयाँ बनाउनुपर्ने प्रस्ताव गरेको छ। स्रोत देखाउनु व्यवस्थाले पनि सेयरमा नयाँ लगानी नआएको निष्कर्ष निकाल्दै बोर्डले सीमा एक करोड रुपैयाँ पुर्‍याउन हालै अर्थ मन्त्रालयमा यस्तो प्रस्ताव पठाएको हो। अहिले एकै दिनमा १० लाखभन्दा बढी रुपैयाँको सेयर किन्ने लगानीकर्ताले आय स्रोत देखाउनुपर्ने व्यवस्था छ। एघार सय ७५ बिन्दुमा पुगेको नेप्से ३ सय १३ अंकमा झर्नुको कारण स्रोत खुलाउने प्रावधान पनि एक भएको लगानीकर्ताहरु बताउँछन्। अर्थ मन्त्रालयका उच्च अधिकारीले सेयर खरिदमा स्रोत खोज्नुपर्ने सीमा बढाउने प्रस्ताव आएको स्वीकारे। 'स्रोतको सीमा बढाउने, नबढाउने निर्णय हुन भने बाँकी छ,' उनले भने। सम्पत्ति शुद्धीकरण कानुन बमोजिम अहिले दैनिक १० लाख रुपैयाँभन्दा बढीको सेयर खरिदमा स्रोत खोल्नुपर्छ। अहिले १० लाख रुपैयाँभन्दा बढीको सेयर खरिद गर्ने व्यक्तिको जानकारी राष्ट्र बैंकको वित्तीय जानकारी इकाईलाई सेयर ब्रोक्ररले दिने गर्छन्। 

        सेयर खरिद स्रोतको सीमा बढाउने विषयमा सुझाव माग्दै बोर्डले सेयर ब्रोकर र मर्चेन्ट बैंकरलाई पत्राचारसमेत गरेको छ। 'दैनिक १० लाख रुपैयाँको सेयर कारोबारको सीमा बढाउन जरुरी छ,' एसोसियसनका अध्यक्ष अन्जन पौडेलले भने।  चालु आर्थिक वर्षको बजेटले घरजग्गा खरिदमा स्रोत खोज्ने सीमा ५० लाखबाट बढाएर एक करोड बनाइएको छ। सवारी साधन खरिदको स्रोतको सीमा पनि २० लाखबाट वृद्धि गरी ५० लाख बनाइएको छ। 'घरजग्गा र गाडीको स्रोतको सीमा बढाएपछि सेयरमा पनि वृद्धि गर्न जरुरी छ,' पौडेलले भने। उनका अनुसार अहिले सेयरको मूल्य उच्चदरमा घटेकाले १० लाख रुपैयाँको सीमाले सबै लगानीकर्तालाई अप्ठेरो नपरेको हो। सेयरको मूल्य बढे अहिलेको सीमाले धेरैलाई समस्या पार्ने पौडेलले बताए। केन्द्रीय निक्षेप प्रणाली(सिडिएस) आएपछि दैनिक कारोबार बढ्ने अनुमान छ। कारोबार बढेको अवस्थामा स्रोत खोज्नुपर्ने अहिलेको सीमा न्यून हुने पौडेलले बताए।

अबैध सम्पत्तिलाई शेयर बजारमा ल्याउन छुट : प्रधानमन्त्री

प्रधानमन्त्री डा. बाबुराम भट्टराईले निजी क्षेत्रमा रहेको अबैध पैसालाई पुँजी बजारमा प्रबेश गराउने बाताबरण बनाउन अर्थमन्त्रालय, राष्ट्र बैंक र धितोपत्र बोर्डलाई निर्देशन दिनु भएको छ ।

ठुलो औधोगिक घराना र अरु नीजि क्षेत्रमा ठुलो रकम रहेको भन्ने सुनिएको भन्दै प्रधानमन्त्री भट्टराईले एकपटकलाई छुट दिएर अवैध रुपमा रहेको पैसालाई शेयर बजारमा प्रवेश गराउनुपर्ने बताउनुभयो । अर्थमन्त्रालयको निरिक्षणका लागि मन्त्रालय पुगेका प्रधानमन्त्री भट्टराईले मन्त्रालयको गतिविधीबारे जानकारी लिएपछि कर्मचारीहरुलाई निर्देशन दिदै आफु शेयर बजारको गिरावटले चिन्तित भएको बताउनुभयो । 

मुल्य बजार बढेर ११ सय भन्दा माथी पुग्दा अप्राकृतिक बृिद्ध भनिएपछि अहिले किनै तल पुगिसकेकोले आफु साच्चै चिन्तित भएको उहाँले बताउनुभयो । यस अघि भट्टराई अर्थमन्त्री हुदा पुँजीबजारलाई जुवाको संज्ञा दिदै त्यसलाई अनुत्पादन रहेको बिचार राख्नु भएको थियो । तर अहिले उहाँले शेयर बजार घटेकोले सबैलाई गम्भिर बनाएको बताउनभुयो ।...................................Source: www.unn.com.np

Interest rates & Nepse; NEPSE in the trend line of Booming.

Investors pay attention to the interest rates as they can impact the stock market. It is the cost that banks charged for borrowing money. If central bank raises interest rates, it would increase the cost of borrowing for companies. An increase in cost of borrowing would have a negative impact on company profitability. Stocks are valued based on a multiple of their earnings; higher interest rates with other factors remaining the same would lower the overall company value. Declines in the value of a number of companies as the result of higher interest rates would lower the overall stock market value.

Currently in Nepal, banks are charging 17 plus percent interest for loans and the private sector has been asking them to reduce it. As market is not struggling with low deposits, interest rates have started to go down. There is about Rs 65 billion worth of excess liquidity in the financial sector right now, according to NRB, the Central Bank of Nepal. So the banking sector expected to reduce lending rates soon. The banks are expected to attract more borrowers by lowering the lending rates, as lowered lending rate in supposed to encourage the entrepreneurs and boost the market activities as well. Also easing of lending rate is feared to lower the deposit interest rate. But as deposit rate starts to lower the investor's interest of buying shares will rise, as the charm of other alternative of investment like buying of land, real estate investment, and investment in Gold & Silver are decreasing day by day.

What we can forecast here for NEPSE depending upon all the favorable conditions that our Market is in the trend line of Booming in the near future. We already discussed about all the favorable conditions like, trend of lower deposit rate (in the line of mega-trend), lower interest of investors in other Investment Alternatives etc. And also the Eco-political situation, which is showing the positive sign that also gives fuel to run faster towards the upward trend of NEPSE in the near future. So All the Investors in frustration for last 3-4 years must Run Run Run to optimize their Portfolio. 

 Buy Shares, Buy Blue-chip Shares now.............Happy Investment...............Cheerrrrrssssss!!