Country Analysis of Nepal
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A simple country analysis of Nepal
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Country Analysis of Nepal
- 2. Nepal Basics • Capital: Kathmandu • Currency: Nepalese rupee (NPR) • Languages: Nepali (official) 47.8% Maithali 12.1% • Religion: Hindu 80.6% • Population: Approx 30.5 Million • Country Risk Rating: D
- 3. Up until 1951, “the modern era”, Nepal had no Schools Hospitals Roads Telecommunications Electric Power Industry Civil Service Fun Fact
- 4. Government • Parliamentary Democracy • Chief of State: President Ram BaranYadav Head of Gov: PM BaburamBhattarai • Governments in Nepal have tended to be highly unstable; no government has survived for more than two years since 1991 • Still have not formed an official government
- 5. Geography Land locked between India and China Lots of Hills Nepal has eight of the worlds‟s ten highest mountain peaks– Himalayas/Mt Everest – 8,848 M tall
- 6. Culture GREETINGS: • Men/Men & Women/Women: Meetings begin w/palms pressed together, at chest, saying “Namaste” which means “I salute the god/goddesses in you”! (handshakes are common w/those familiar with western culture) • Men and Women: Same as above but should not initiate handshake!
- 7. Communication Greetings: • Always use right hand when shaking • Male: Can accept handshake with men and women, but never initiate (especially married women) • Handshakes are soft, does not mean anything
- 8. Communication Communication Style • Often say what you want to hear to be polite • Don‟t use direct „no‟ • They tend to ask personal questions but you should not do the same • Thankfulness is more of a facial expression than verbal • Don‟t call friends parents by name (Amaa or Buba— Mom or Dad)
- 9. Communication Personal Space & Touching • Arm‟s length is perfect, espbtwn Men & Women • Friends often walk holding hands/arm & arm • No PDA – Frowned upon Eye Contact • Eye Contact with same gender okay, opposite sex should avoid it.
- 10. Communication View of Time • On time is not valued (business & social) • “Nepali time” – run late for everything • Expect delays at all levels • Busses, Taxi, Plane, Hotel Room, Etc.
- 11. Communication Gestures • Pointing your finger is bad – means “I have something against you!” • Blowing your nose in public is rude • People spit and through stuff – no law against littering • Belching after a meal is in tribute to the meal • Impolite to refuse refreshments
- 12. Communication • Never keep shoe‟s upside down – bad luck • Spilling rice (esp cooked) and walking on it – Insult to Hindu Goddess of Food • For a long travel – take sip of yogurt
- 13. Statistics • Infant Mortality Rate: 43.13 deaths per 1,000 live births (compared to 6 in the US) • 25.2 % below poverty line • Unemployment rate 46% (15. 1% in the US)
- 14. Social Media • Top 3 Brands on FB • Ncell • Ace Travels • Australia Education & Career Consultants • Top 3 Celebrities on FB • Shakira • Salaman Khan • AKON
- 15. Top Websites • Facebook • Google • YouTube • Yahoo
- 16. #SOME BY THE NUMBERS • 11% internet penetration • 42% phone penetration • 98% of internet usage comes from mobile Source: http://www.slideshare.net/wearesocialsg/we-are- socials-guide-to-social-digital-and-mobile-in-nepal-dec-2011
- 17. Thank you!
Editor's Notes
- HistoryGeography NaturalenviromentInfrastructureCultural environmentPolitical environmentLegal environmentEconomic indicators
- County Risk D means: A high risk political economical situation and an often very difficult business environment can have a very significant impact on corporate payment behavior. Corporate default probability is very high.
- http://news.bbc.co.uk/2/hi/technology/6676901.stmMay 21st 2007, British Climber
- Men greeting Men – All meetings generally begin with palms pressed together at around chest level and saying, “Namaste”, which means, “I salute the god/goddesses in you". Handshakes are common after the initial Namaste, for those familiar with western customs. Women greeting Women – All meetings generally begin with palms pressed together at around chest level and saying, “Namaste”, or , “I salute the god/goddesses in you". Handshakes are common after the initial Namaste for those familiar with western customs. Greetings between Men and Women – All meetings generally begin with palms pressed together at around chest level and saying, “Namaste”, which means, “I salute the god/goddesses in you". It’s best for men to avoid initiating a handshake with Nepalese women as this may be considered rude, especially in villages. Always wait from the woman to initiate, if at all. Note: Always use the right hand when shaking hands. You may accept handshakes offered by both sex male or female, but never offer your hand first to women. Instead you do `Namaste’ as it’s considered rude for a man to touch a women even shaking a hand, especially married women. Hand shakes are more gentle than strong, so don't feel the person isn't interested if the grip is weak, it's just their way.