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Year: 2024

Economy loses momentum as construction activities stall

Report

The construction sector in Nepal has been grappling with a myriad of challenges in recent years, directly impacting economic growth and employment opportunities. At the heart of the sector’s current slowdown lies the government’s consistent underperformance in terms of development expenditure. Over the past several years, this spending has remained significantly lower than anticipated, stifling …

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Knowing requires an embodied process : A classroom vs. Dojo

Opinion

The Prevailing Superstition There is a widespread belief among Nepali educational experts – and also globally – that memorisation-based knowledge and passing written tests lead to skills and competencies, despite scientific evidence to the contrary. This view assumes that teachers in schools and colleges are content experts, regardless of how outdated the content may be, …

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RETAINING TALENT IN NEPAL

Opinion

How sustainable business practices can pave the way In my nearly 25 years navigating Nepal’s evolving business landscape, I have faced many challenges in trying to uphold professionalism, fair trade practices, systematic approaches and transparency. These hurdles have been disheartening at times, especially when you are striving to introduce global best practices. But they are …

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Bridging the Gap : Student and Industry Placement in Nepal

Opinion

Nepal’s educational system continues to undergo significant changes, and the need to connect academic knowledge with real-world experience at a local level has never been more critical. Industry placements are gradually emerging as a crucial bridge, allowing students to gain essential practical skills while enabling businesses at all levels to access a fresh talent pool …

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Growth Sellers, Tranquility Spa forge collaboration

News Brief

Growth Sellers Pvt. Ltd. and Growth Leadership Academy Pvt. Ltd. have formalised an agreement with Tranquility Spa Nepal and Tranquility International Beauty & Spa Academy Pvt. Ltd. (TIBSA) to cultivate skilled human resources in Nepal. The collaboration aims to provide wellness-related training, along with management and leadership soft skills, to facilitate career progression into leadership …

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Global Finance honours Global IME Bank with ‘Best Bank Award’

News Brief

Global IME Bank has been awarded the Best Bank Award 2024 by Global Finance magazine. Joseph D Giarraputo, Founder and Editorial Director of Global Finance, presented the award to Chairman of Global IME Bank, Chandra Prasad Dhakal, and Deputy CEO, Suman Pokharel, recently amidst a ceremony held in the United States of America. Global IME …

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Talent Reviews with the 11-Box Model

Opinion

Purpose of the talent management function is to differentiate your employees so that leaders can have more clarity and insight when making talent decisions. These decisions may be promotion readiness, successor readiness, high potential designation, development planning, or even charting career paths for employees. Differentiating among talented employees is challenging, and many HR professionals do …

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Strong reform momentum on structural reforms is necessary for Nepal to lift medium-term growth prospects

Interview

Rupa Duttagupta is the Deputy Director of the Asia and Pacific Department at the International Monetary Fund, with nearly two-and-a-half decades of experience at the IMF. She joined the organisation in June 2000 as an economist and has since served across various departments. Duttagupta earned her PhD in Economics from the University of Maryland in …

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