A sharp slowdown in economic activities, slackened domestic demand, tighter monetary policy, and persistent global headwinds adversely affected Nepal’s economy in FY 2023. the HRM A fter a meager 1.9 percent growth in the last fiscal year, Nepal’s economy is set to rebound in the current fiscal year. The World Bank and the Asian Development …
Entrepreneurs play an essential role in the economic growth of any country. An entrepreneur’s successful business endeavor can help create thousands of other organizations and millions of jobs around the world. So, it is not an overstatement to say that entrepreneurship is the lifeblood of the economy. Today we think of entrepreneurship only as a …
In underdeveloped economies, the pursuit of growth is essential, but it must be sustainable and impactful. In today’s fast-paced and ever-changing business landscape, it’s crucial for organizations to have a clear sense of direction and alignment among team members. Objectives and Key Results, or OKRs, have emerged as a powerful tool to shape the course …
From Vision to Reality – The Role of OKRs in Nepal’s Business Transformation Read More »
Drawn by the appeal of intelligent and cost-effective mobility, Nepali consumers are increasingly choosing Chinese electric vehicle brands due to their affordability, ergonomic design, and advanced battery technology. the HRM I n the last week of September, Chaudhary Group (CG), which currently represents three Chinese electric vehicle (EV) brands including NETA Auto, concluded agreements with …
In today’s global business landscape, supply chain disruptions can arise from various quarters: geopolitical tensions, trade disputes, natural disasters, pandemics, or cyber threats, to name just a few. For small and medium-sized enterprises (SMEs) with limited resources, these disruptions can be particularly challenging. However, even with constraints, SMEs can build resilience into their supply chains …
The International Labor Organization (ILO) has been supporting Nepal in addressing the issues related to labor since the Himalayan country became its member in 1966. Over the course of 57 years, the United Nations agency has remained active in a wide range of areas that include advocacy of the rights of workers, labor welfare, empowerment …
Transforming informal labor market into a formal one is the biggest challenge for Nepal Read More »
Sirohiya takes charge of KMG as Managing Director Sambhav Sirohiya has been appointed as the Managing Director of the Kantipur Media Group (KMG). A meeting of the KMG board decided to appoint Sambhav, who is the elder son of incumbent Chairman and Managing Director Kailash Sirohiya, to the post. Sambhav’s active involvement in KMG spans …
Given the challenges related to the acquisition of lands for project development and bid price dilemmas, the MCC-Nepal Compact stands at a critical juncture in terms of balancing financial considerations and the imperative to ensure a successful and timely implementation. the HRM O ne month into the implementation phase of the Millennium Challenge Corporation (MCC) …
Shifting from one sector to another often comes with various challenges for many professionals during their careers. Those who are successful in the traversal become leaders in their respective fields. Pranaya Ratna Sthapit, Director of Samsung Nepal, is among the top Nepali professionals who have made their mark in business. Starting from Unilever Nepal as …
Working in diverse industries and cultures has been satisfying and rewarding for me Read More »
The Nepali advertising and marketing industry is going through a big transformation as consumer habits are changing rapidly with technology becoming an integral part of the lives of people. Santosh Shrestha, Managing Director of Mars Advertising and Research Pvt Ltd, thinks that the Nepali advertising industry is currently in a transitional phase. Shrestha has been …
The traditional media still has a lot of credibility Read More »
