It was on July 23, 2015, when Dr. Chiranjivi Nepal was presenting the monetary policy for the fiscal year 2015/16 at Hotel Radisson, Kathmandu. It was his first monetary policy speech as the Governor of the Nepal Rastra Bank. Along with other stakeholders, (we), bankers were also listening to him attentively. During the speech, when …
Embarking on an entrepreneurial journey is a path filled with uncertainties and challenges, and if it works out, also has the potential for great rewards. It is a pursuit that requires more than just a fleeting passion or a transient dream; it demands a firm resolve, a clear vision, and an unyielding commitment to bring …
In any organization, HR systems and practices must speak the same language as the organization Till the early 2000s, most organizations in Nepal did not have an HR department and the few organizations that did lack a fully-fledged HR setup. Over the past 20 years, organizations in the country have recognized the need for an …
the HRM Nepal recorded cement exports totaling Rs 779.3 million in the fiscal year 2022/23. Notably, within the initial three months of the current fiscal year, cement exports amounted to Rs 853,071 million, surpassing the total exports to India in the previous fiscal year. This substantial achievement is noteworthy for Nepal, a country with limited …
Nepal’s Cement ExportStrong Growth Potential Amid Challenges Read More »
the HRM On November 6, Sunil KC, the President of the Nepal Bankers Association (NBA), said that the non-performing loans (NPLs) of Nepali commercial banks remain within manageable limits. Despite the alarming 92 percent surge in NPLs reported in the first quarter of FY 2023/24 by commercial banks, the NBA, which serves as the umbrella …
Performance of Commercial Banks in Q1Of declining profit and rising NPL Read More »
AI can create credible-sounding facts but may also produce false data and incorrect information. ChatGPT is a natural language processing chatbot that utilizes artificial intelligence (AI) technology, enabling users to engage in human-like conversations. The acronym GPT stands for ‘generative pre-trained transformer’ and was developed by OpenAI. This nonprofit organization also created Dall-E-2, an AI …
Times are challenging for Nepali banks and financial institutions. The Macroeconomic headwinds are blowing strong as the country’s economy grapples with a deep recession. Mahalaxmi Bikas Bank Limited, a prominent national-level development bank in Nepal, Limited is braving the situation with prudent banking practices, and effective marketing and communication strategies. Basant Baksi, Head of Liability …
Mahalaxmi Bikas Bank is keenly attuned to the power of digital media Read More »
Since its inception in 2004, COTIVITI Nepal Pvt. Ltd. (formerly Verscend Technologies Pvt. Ltd.) has been among the top IT companies in the country. The firm is one of the offshore development centers of the US-based healthcare analytics company COTIVITI, Inc., and is regarded for its people management practices. Sanjeev Shrestha is the Director of …
At COTIVITI Nepal, we prioritize the well-being and growth of our employees Read More »
It has been six months since Anjan Shrestha was elected unopposed as the Senior Vice President at the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the apex body of the Nepali private sector. Shrestha, who is the Executive Director of Laxmi Group, got elected to the role at a time when Nepal’s economy …
Blessed with diverse natural treasures and unique cultural heritage, Nepal holds tremendous potential in tourism. With the improving infrastructure and growing supply side in tourism, Nepal needs to get well-deserved attention. Targeting two million IVAs (International Visitors Arrivals), an ambitious national campaign Visit Nepal 2020 was launched with the high hope to unleash the vast …
Rethinking Tourism – A New Approach to Make Nepal a Top Destination Read More »
