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CEO Speak

We plan to expand beyond internet connectivity to cloud computing services

CEO Speak / 3 Comments

What started as a store-and-forward email service over a dial-up link in a room with a single computer in 1995 by a 22-year-old Dileep Agrawal is now the Nepali internet giant WorldLink Communications Limited. The company is regarded for innovative and reliable services that it has expanded to nooks and corners of the country. Recently, …

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Nepal’s economy can recover faster than other South Asian economies

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Pratik Jalan is the Executive Director of Ramesh Corp., a fast-growing business house that was established in 2020 and named after the late entrepreneur Ramesh Gupta who started a humble business four decades ago in New Road, Kathmandu. In a short period since its inception, Ramesh Corp. has made significant strides in different business verticals …

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‘Banks are not at fault for the increased interest rates’

CEO Speak / 109 Comments

With the Nepali economy going through turbulent times, banks are grappling with multiple challenges at present. For over the past year, the shortage of investment-grade liquidity, which has seemingly eased for now, has been the biggest difficulty leading to hikes in borrowing rates and ultimately a sharp slowdown in most kinds of economic activities across …

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The government needs to realize that SMEs are the backbone of the economy

CEO Speak / 108 Comments

Times are challenging for industrialists in Nepal. The economy is going through a recession, which is probably the deepest in living memory. The business sector is faced with a number of problems including persistently high borrowing rates, a shortage of loanable funds in the banking system and depressed market demand.  Umesh Lal Shrestha is an …

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We are trying to overcome the profit drop by expanding our prioritized services

CEO Speak / 12 Comments

It’s been 10 months since Sunil Paudel was appointed as the Managing Director of Nepal Telecom. Before joining the government-owned telecommunications services provider, he was Executive Director at National Information Technology Center for almost four years. Paudel, who has an M.Sc in Global IT Technology Program from the Korean Advanced Institute of Science and Technology …

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We need to tighten our belts and be ready for the rough ride ahead

CEO Speak / 25 Comments

Like other industries, the dark clouds of economic uncertainty have also shrouded the Nepali liquor and beer industry. The recent festive season also failed to bring the much-needed boost in demand for alcoholic beverages that producers have hoped for. Raj Bahadur Shah, Managing Director of Jawalakhel Group of Industries (JGI), estimates that the liquor and …

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“It is difficult for the productive sector to survive when there is interest rate volatility”

CEO Speak / 31 Comments

A momentous day for the Nepali cement industry was recorded on October 10 with Arghakhanchi Cement commencing export of cement to India. That day, the company exported 1,400 sacks of Pozzolana Portland Cement (PPC) in its first lot of export to the Indian market. At a time when the domestic cement demand along with other …

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“Economic transformation of Nepal will be easier and faster if the emerging Nepali diaspora can be engaged in the process”

CEO Speak / 17 Comments

As a businessperson, Jiba Lamichhane is among the few successful Nepalis who have made their mark as non-resident Nepalis (NRNS). Originally from Chitwan, he went to the erstwhile Soviet Union to study Civil Engineering. In the early 1990s, Lamichhane and some of his friends started business together in Russia that later morphed into Sanima Group …

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“We will move ahead with educating the people about the projects”

CEO Speak / 13 Comments

Khadga Bahadur Bisht | Executive Director, MCA Nepal As the dust of the controversy over the parliamentary ratification of the MCC Nepal Compact has settled, the Millenium Challange Account (MCA) Nepal has started the preparatory works for the development of the 315-kilometer 400 kV transmission line. The USD 400 million project will stretch from Lapsiphedi …

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“CE has identified itself as a company that delivers quality”

CEO Speak / 18 Comments

CE Construction is one of the major players in Nepal in the construction, real estate, and hydropower sectors. Since its inception in 1992, the group is known for the quality of its projects and is trusted by consumers. The group has been making big strides in the hydropower sector for the last 8 years to …

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