NewBiz Conclave 2025: Key Reforms For Nepal’s Economic Transformation
1st July 2025, Kathmandu
The recently concluded NewBiz Conclave 2025, organized by New Business Age, gathered influential leaders from Nepal’s political, business, and technology sectors for critical discussions on the nation’s economic trajectory.
NewBiz Conclave 2025
Under the central theme, “Driving Growth Through Reform,” the event aimed to define a strategic blueprint for sustainable economic expansion in Nepal.
High-Level Insights on Reform for Growth
A pivotal segment of the conclave was a high-profile panel discussion featuring prominent voices from various industries. This session deeply explored the necessity of comprehensive reforms across vital sectors, including telecommunications, agriculture, and digital finance, to unlock Nepal’s full economic potential.
Among the distinguished panelists was Jabbor Kayumov, CEO and MD of a leading telecom company, who offered invaluable insights into the current landscape and future outlook of Nepal’s telecommunications sector. Kayumov underscored the sector’s indispensable role in fostering a digitally empowered Nepal and outlined a strategic five-step approach for impactful telecom reforms:
Strong Government Support: Advocating for national policies that prioritize robust telecom infrastructure.
Shift to Subscription-Based Models: Promoting sustainable pricing and enhanced value for customers.
Tax and Fee Reduction Over Subsidies: Alleviating fiscal burdens to stimulate sectoral growth.
Revising Outdated Regulations: Updating legal frameworks to align with contemporary digital advancements.
Clarity Beyond 2029: Establishing long-term strategic objectives for technological evolution.
Kayumov particularly highlighted the transformative power of 5G connectivity and its far-reaching impact on various domains, from the expansion of e-commerce to the modernization of smart agriculture and the advancement of financial inclusion.
Diverse Sectoral Perspectives
The esteemed panel also included:
Gagan Thapa, Member of the Federal Parliament and General Secretary of the Nepali Congress, emphasized the crucial role of political will in driving reform initiatives.
Moushumi Shrestha, Executive Director of Shreenagar Agro Group, shared expert insights on scaling innovation within the agricultural sector.
Bal Krishna Joshi, a renowned tech entrepreneur and founder of Leapfrog Technologies and Machnet Technologies, spoke on leveraging technological innovation for digital finance and enhancing economic resilience.
The insightful discussion was skillfully moderated by advocate Semanta Dahal, who guided the dialogue towards actionable pathways for reform.
A Unified Call for Urgent Policy Interventions
The NewBiz Conclave 2025 emphatically stressed the critical need for immediate policy interventions and reform-driven investments across Nepal’s core economic sectors. Key discussion points included:
Strategies for attracting and retaining both domestic and foreign investment.
Cultivating an enabling environment for the growth of tech-driven enterprises.
Scaling up public-private partnerships (PPPs) to achieve inclusive national development.
The event further highlighted the paramount importance of inter-sectoral coordination, particularly between telecommunications, agriculture, and finance, as essential for building a resilient and future-ready Nepali economy.
Conclusion
The collective insights from NewBiz Conclave 2025 underscored a shared consensus: Nepal’s economic transformation demands bold reforms, strategic investments, and a unified commitment to innovation. By bringing together leaders from diverse backgrounds to propose practical solutions, the conclave has established a robust foundation for ongoing dialogues and decisive actions aimed at shaping Nepal’s prosperous economic future.
For more: NewBiz Conclave 2025
