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June 2009

  BIZTOON

VOICES

“We are working to amend the law to increase the minimum capital requirement of the insurance companies.”

Dr. Fatta Bahadur KC, Chairman of the Insurance Board

“Corporate culture will thrive in manufacturing companies only after the general public becomes enthusiastic to buy shares in such companies.”

Shiva Ratan Sharada, Chairman of Kumari Bank Ltd. who also runs a number of manufacturing units

“My plan is to invest our Rs. 24 billion reserve in hydropower. I also plan to spin off our mobile phone business into a separate company and provide 25 percent share in the new company to a foreign investor .”

Vishwa Nath Goel, recently appointed Managing Director of Nepal Telecom

“Because they don’t like to take risks.”

Sushil Kumar Goshali, Pokhara-based businessman and Chairman of Fewa Finance Company, explaining why many of the Nepali communities are not successful in business


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