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Month: December 2023

Navigating the Future – Strategies for Sustainable Tourism in Nepal 

Opinion

The evolving landscape of traveler behavior emphasizes the importance of sustainability. In his book ‘Voyage au Népal’, published in 1886 AD, the 19th century French polymath Gustave Le Bon detailed the Himalayan country’s geography, art, architecture, and customs. What Le Bon wrote about what he observed here during his visit serves as a rich history …

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Revitalizing the Nepali Handicraft Industry

Report

Despite the demand, the full potential of Nepal’s handicraft industry remains untapped. the HRM During a recent visit to Uzbekistan for a handicraft fair, Prachanda Shakya, President of the Federation of Handicraft Association of Nepal (FHAN), was taken aback by Uzbekistan’s impressive growth in handicraft exports. Despite having only two major handicraft products, the central …

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Management Consulting Service – ‘Wh’ Questions & Answers

Opinion

The commitment to breaking free from oversimplification, embracing change, and fostering a collaborative partnership between consultants and organizations is the key to unlocking the full potential of management consulting in Nepal. I am open to the possibility that I will be proven wrong in asserting that the industry (sorry for the intended contradiction in the …

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A Telltale Sign – The Vicious Cycle of Failure in Service Companies

Opinion

The Cycle of Failure begins when short-term goals overtake the long-term objectives. Prologue As the leader of a service company, you are juxtaposed in your decision – whether to invest more or to cut down on your costs. The problem statement is clear. The profitability is weak. You are experiencing an exodus of not only …

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Working at BPCL taught me valuable professional lessons

My First Job

For Mohan Prasad Gautam, career development is all about reaching milestones and pursuing professional excellence. Gautam, who is the CEO of Upper Tamakoshi Hydropower Limited (UTHL), started as an Engineer at Nepal Engineering Consultants (P) Ltd, went on to undertake important roles and responsibilities in different organizations in the energy sector including Butwal Power Company …

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In S P Setia, we always believe in championing a sustainable career for our employees

Managing People

Starting as a construction company in 1974, S P Setia Berhad is now operating as one of the largest property development companies in Malaysia with a business portfolio comprising the development of townships, eco homes, luxury homes, high-rise residences, retail & commercial, and integrated development projects. According to Nadiah Tan Abdullah, Chief Human Resources Officer …

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Digital advertising is not replacing traditional mediums but rather, complementing them

Interview

Over the last few years, there have been big changes in the landscape of the Nepali advertising and marketing industry. Digital disruption has impacted all realms of the industry from the creativity of marketers and advertisers to the media consumption by consumers. Apart from this disruption, the advertising sector is grappling with the recession which …

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The government needs to reassess its priorities

CEO Speak

These are tough times for the Nepali private sector as several economic indicators of the country are not showing positive signs. The overall market demand for goods and services has plummeted, and the business community members say the investment environment has eroded significantly. However, the government ministers claim the economy is on the path to …

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1st Quarter Review of Monetary Policy – NRB’s Course Correction to Kick-start Economy

Report

After two years of monetary tightening, the central bank has backtracked from its previous stance with the monetary policy review. the HRM A day before the first quarterly review of the Monetary Policy for 2023/24, Finance Minister Dr. Prakash Sharan Mahat convened a meeting with the board of directors of Nepal Rastra Bank (NRB). He …

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