Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23, the company has projected an operating income of around Rs. 116 million.
ICRA Ratings has assigned a long-term rating of LBBB to Hathway for long-term loans totaling Rs. 147.7 million and an A3 rating to the short-term fund totaling Rs. 852.3 million.
The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies.
Previously, the Nepal Insurance Authority issued a notice inviting applications from companies interested in operating a micro-insurance company in Nepal. Similarly, three micro life insurance companies and four micro non-life insurance companies were chosen to conduct micro insurance activities in Nepal.
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment opportunities.
Based on a book written by Robert Kiyosaki Rich Dad Poor Dad, people can be divided into four distinct categories in terms of generating income. They are:
1. Employee (Salary-based) are those who work for others in order to meet their needs. They are paid at the end of the month for their work. Job holders are included in this category. Employees benefit from security because they know they will be paid at the end of the month. The main disadvantage of being an employee is the lack of freedom.
2. Self-employed are individuals who work for themselves. They have more freedom than salaried employees, but they must work like salaried employees to meet their demands.
3. Businessmen are the owners of the company Business owners hire others to work for them. They create products and services in order to make money.
4. Investors invest in businesses and stocks for profit.
According to the book, in order to become wealthy, you must be either a businessman or an investor, or both.
Not all of your money can be considered an investment. There are a few factors that distinguish between spending and investing. The following are the two most important characteristics that every investor should possess:
The principal is your machine, which can print money for you. It is in your best interest to keep your machine in good working order. When you lose your principal, you can’t make money off of it. As a result, the safety of the principal should be your top priority.
When you put your money into a good business, you get something in return. Your return can take the form of cash, shares, or stocks. What you should remember is that your principal earns you some level of return. You should not expect a return on your investment that is exponential or even out of the realm of possibility. Investing with a non-realistic expectation of return is gambling. Never put your principal at risk. It is all you have.
Inflation is a term used to describe the gradual decline in the purchasing power of money. A popular saying goes, “A dollar today is worth more than a dollar tomorrow.” As an investor, you have the ability to outperform inflation and keep your money’s value constant. You should always keep an eye on inflation and strive to outperform it. Your investment return should always be greater than your country’s inflation rate.
It is yet another advantage of being an investor. You can own as many and as varied businesses as you want. What you should have are some investing principles that you can use before you start investing. After you’ve established your investing principle, the world is yours to explore.
There are three main popular fields of investing in Nepal. They are:
Real estate is and has always been the best investment opportunity. Real estate investment generates income from two sources: renting and selling real estate. It can be both active and passive investment. You can actively buy and sell properties, or you can simply invest in real estate and let time do the work of calculating your income. You can always expect your property’s value to rise over time. In the meantime, you can use the money you earn from renting to cover your day-to-day expenses.
Banks in Nepal offer competitive interest rates on fixed deposit savings. You can protect your principal by using fixed-deposit schemes offered by commercial banks or development banks in Nepal. While cooperative companies in Nepal have high rates of return, they have a bad reputation for fraud or scams. It is not a good idea to put all of your money in cooperatives.
In Nepal, there is also peer-to-peer lending. It pays a higher interest rate on your money than institutions, but it also carries a higher risk.
Interest-bearing deposits are one of the best passive income ideas in Nepal, regardless of where you choose to invest.
Nepal Stock Exchange (NEPSE) is the country’s sole stock exchange. If you are new to this, you can read the NEPSE beginner’s guide. Investing in stocks provides you with two significant benefits. You can be a shareholder in any company you want, and you will receive an annual return. Alternatively, you can sell your stocks if the price rises. Stock investing, like real estate investing, allows you to be either an active trader or a passive investor. Stock investing can begin with as little as 100 rupees. Stocks could be the next best small business in Nepal for you.
Furthermore, the best investment you can make is in yourself. Always seek to broaden your knowledge. Read books, websites, and news to stay current. One thing that all of the best investors have in common is that they are voracious readers. As the saying goes, the more you learn, the more you earn.
It is not easy to become an investor. To become a good investor in Nepal and other countries, a certain set of principles and hard work are required. However, it is not as difficult as learning rocket science. Anyone can become a good investor with careful planning and dedication. There are a few things you should never forget and a few things you should never forget. Best wishes for your investment.
Landowners no longer need to go to the survey office to get a printed map for the purpose of building a home, constructing buildings, or buying and selling after the launch of âMero Kitta.’
The Ministry of Land Management, Cooperatives, and Poverty Alleviation’s Department of Surveying and Mapping has begun offering online services as of today.
At a formal ceremony held at the survey department on Thursday, Prime Minister KP Sharma Oli switched on automated software related to land administration, officially launching the device.
With the aim of providing services online, the department has launched Nepal Land Information System (NeLIS) and Mero Kitta today.
Through the âNepal Land Information System,’ the government will provide map printing, field book printing, and other services to clients right from their homes.
According to the government, the program was started to make survey office services more technologically friendly, hassle-free, efficient, fast, and successful.
The government, according to Prime Minister KP Sharma Oli, has been concentrating on attracting new investment and technology.
âBoth offices are identical. Prime Minister Oli said, “We have changed the way we operate.”
The Mero Kitta program, according to Shivamaya Tumbahangphe, Land Management, Cooperative and Poverty Alleviation, has been launched to eliminate delays at the Land Revenue and Survey Office.
He explained that the Land Revenue and Survey Office’s decision to implement a paperless program is in line with the government’s Digital Nepal initiative.
Teknarayan Pandey, Secretary at the Ministry of Land Management, Cooperatives, and Poverty Alleviation, stated that the online service was launched to eliminate the requirement of queuing in the real estate sector.
Secretary Pandey said, “The current migration trend must resolve the problem of providing clients with services from every local Land Revenue and Survey Office.” âReal estate transactions can be completed over the internet.â
He explained that for digital verification, you must often be present, otherwise it would be done online.
18 of the 126 survey offices around the country are yet to go online.
According to the government, all offices will be able to provide online services and conduct business by the end of the year.
According to Pandey, the ministry has begun work on making it possible to view the entire history of land on the internet.
Institutional transactions, banks, and even small businesses can conduct business online, according to him.
Prakash Joshi, Director General of the Survey Department, said that the service would be available in the survey offices of Kalanki, Dilli Bazaar, and Bhaktapur starting today. It will be available in the offices of Chabahil, Lalitpur, Manmaiju, Tokha, and Saankhu within a day or two.
What is Mero Kitta? How to get Mero Kitta service?Mero Kitta is a web application that allows you to access some of the services offered by survey offices through the internet from anywhere.
Map printing, plot register printing, field book printing, and field drawing application can all be achieved with the Mero Kitta method. To use the Mero Kitta scheme, clients must have a land ownership certificate and citizenship.
To get the service, ordinary users must go to Mero Kitta’s website and fill out an online application in the specified format. The OTP code is sent to the registered mobile number after the application is submitted. For the duration of the service, the code is needed.
After verifying the service details with the offices, all information about the revenue sum to be billed is collected via SMS.
Clients must have a mobile number and an OTP on the connect IPS platform in order to pay the revenue sum. Payment can also be made via banks using an online voucher provided by the system.
Following payment, a digital copy of the map will be imported from the offices, and details will be sent to the smartphone. To obtain the chart, the client must download it within seven days using the registered mobile number and the office’s OTP.
There are hundreds of ways to make money online in Nepal. Some of them are:
Here are the 10 ways to make money online in Nepal: 10 Ways Earn Money Online in Nepal
At all depend on you, if you have some sort of investment then the best Business in Nepal are:
Note: This article will be updated with relevant links soon.
Since its top of 1881 in 2016, the Nepal Stock Exchange has been on a downward trend. The market dropped to as low as 1100, a drop of nearly 40% from its peak. Many investors lost a lot of money as a result of the devastating market meltdown.
If we ask investors right now if they thought the market was going to tumble after 2016, many will say yes. However, at the peak, investors were more bullish on the market. The massive quantity of everyday turnover demonstrates this. The daily transaction amount was between 1.5 and 2 billion rupees.
So, how does an investor’s opinion of the same event change? This is a psychological phenomena known as ‘Hindsight bias.’
The tendency of people to perceive events as more predictable than they actually are is referred to as hindsight bias. In other words, it makes the past appear less predictable than it was. Things always appear more evident after they have occurred.
Decision making is difficult prior to the occurrence due to a lack of information and foresight. However, looking at the available results after the event, the outcome appears more predictable.
During the bullish era in our market, investors were uninformed of the oncoming market disaster. As a result, many people were highly involved in stocks. Some people predicted that the market would crash. However, no one was certain at the moment.
However, after the market fall, investors believe that they were forewarned that the market would drop. With more information regarding the market crash becomes accessible, investors appear to be more sure about the event’s predictability.
Consider the following scenario: You are considering purchasing a stock called ABC. However, you do not purchase it for some reason. The price of ABC stock then skyrockets. What are your thoughts?
The answer is that you are stupid. You kick yourself for squandering the opportunity. You are remorseful for not purchasing the stock when you realized it was a winner. You tell yourself, ‘I knew the stock would soar.’ This is what we mean by hindsight bias.
So, what makes it dangerous? This is because you have made a promise to yourself that you would not make the same mistake again. You are more confident in your decision-making abilities, and you vow to seize the next opportunity. This is the danger that hindsight bias can cause. The next time might not be the same as the previous.
Let’s have a look at another scenario: You consider purchasing a stock called ABC. However, you do not purchase it for some reason. The price of ABC stock then plummets. Now consider if you would have felt the same way in the first situation.
No, it does not. You congratulate yourself on making a wise decision not to buy ABC stock. You knew the stock would decline, which is why you didn’t buy it in the first place.
Why is the response different in these two cases? In an ideal world, the answer in both cirplusstances would be the same. In both cirplusstances, you made the same decision not to acquire stock ABC prior to the rise or fall in its price. However, after the event occurs, such as a price rise or decline, you change your reaction in accordance with the nature of the occurrence.
This is risky because it gives you the impression that you knew it all along, giving you a false sense of security in your judgment. This can lead to overconfidence in your financial abilities and reckless decisions.
Several behavioral experts have recommended producing a list of everything that was considered when making the decision. This could be a good plan. We will know what our thought process was at the time of decision making if we make a record of the reasoning behind our decisions. We cannot change our statements after the event has occurred. This will aid us in making an accurate assessment of our abilities.
Investors may not consider hindsight bias as a concern. However, it may lead you to make decisions based on your perspective rather than facts.
In our daily lives, we experience hindsight bias. Whether it’s investing, gaming, exams, or anything else, the outcome makes us feel much more confident in our abilities. If Real Madrid beats Sevilla, we’ll tell ourselves and others that we knew Madrid was going to win. Similarly, if the stock/real estate price is rising, âI knew it’ comes into play.
Even if it hasn’t caused any immediate harm, it can make you overconfident, causing your next bet to be more illogical. Real Madrid won, but the outcome might be different the next time. Past events cannot be utilized to predict the future completely. Information and strategies evolve in tandem with the passage of time.
As a result, it is preferable to treat each possibility as new and base your judgment on facts. The past appears to be easy to anticipate, yet this is not the case. It is a hallucination that arises following the occurrence of the result. As a result, it is preferable to stick to your investing ideas and tactics.