Year: 2023

Bureaucratic Red Tape Continues to Mar Nepal’s FDI Regime

As a myriad of factors deter foreign investors from engaging with Nepal, the net foreign direct investment (FDI) in the country reached a nine-year low in the last fiscal year. the HRM Infraco Asia, a Singapore-based company, has divested its holdings in Gurans Energy Limited, a joint venture company based in Nepal. While divestment of …

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Agriculture Census 2021/22 – Significant Shifts in Nepal’s Agricultural LandscapeAgriculture Census 2021/22 –

In the last 10 years, there has been a noteworthy rise in both the number of families engaged in agriculture and the involvement of households led by women in this field. However, arable land across the country has decreased by 0.3 million hectares, as well as the average size of agricultural land holdings in this …

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Nepal’s Path to a Thriving IT Industry

While Nepali talent is undoubtedly abundant, motivating and providing a conducive environment for Nepali youths is vital. The IT industry in Nepal is on the rise, with promising growth opportunities, but it still faces several challenges. One significant avenue for revenue generation is through exports of services, which clearly indicates that the sector has tremendous …

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Empowering Nepali Students through Skill-based Education

Traditional academic knowledge alone is no longer sufficient to prepare students for the challenges and opportunities that lie ahead. Looking back at my school days, I remember my days revolved around textbooks, memorization, and endless exams. While I did well academically, I couldn’t help but feel there was something missing in the pursuit of education. …

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APPOINTMENT

Pant elected President of NFIA Sunil Pant has been elected as the President of the Nepal Financial Institutions Association (NFIA), a forum of CEOs of finance companies. Pant is the CEO of ICFC Finance Limited. Similarly, Rabi Chandra Gurung, CEO of Pokhara Finance Limited, has been elected as the First Vice President of NFIA, while …

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Human Resources Development for Nepal – A National Perspective

Given its highly dynamic nature, human resource development is a field that constantly needs both academic and applied research to make timely relevant policies. Background Nepal is all set to implement the 16th five-year plan starting from the next July for fiscal years 2024-29. During the last seven decades of the planned development history of …

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Elica products stand out due to robust quality and appealing designs

Elica PB Whirlpool Kitchen Appliances Pvt. Ltd, a subsidiary of Whirlpool India, is a well-known name in the international kitchen appliances market. The company is regarded for its wide range of products including kitchen hoods, chimneys, ovens, and cooktops. For the last six years, Elica has been catering to Nepali consumers with its products that …

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