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Sunset law on electricity development decade along with market assurance is key for transformative development of energy sector

CEO Speak

Ganesh Karki currently serves as the President of the Independent Power Producers Association Nepal (IPPAN), which is an umbrella network of power developers in the country. IPPAN has a longstanding partnership with the government, primarily focusing on electricity generation through Public-Private Partnership (PPP) arrangements, following the enactment of the Electricity Act in 1992. Over the …

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We can’t expect the economy to improve unless credit mobilisation of BFIs to the private sector picks up

CEO Speak

The country’s banking sector has been moving ahead through a turbulent time along with consistent slowdowns in the economy for the last few years. Soaring non-performing loan (NPL) has raised eyebrows regarding the asset quality of banks. Low credit growth, recovery challenges, and negative profit growth have posed manifold challenges in the financial sector as …

We can’t expect the economy to improve unless credit mobilisation of BFIs to the private sector picks up Read More »

Opting for an import-based economy is a risky model, Nepal needs to prioritise production led growth

CEO Speak

Unilever Nepal, a subsidiary of Hindustan Lever Ltd, marks a significant milestone – 30 years of operation in the country. As a pioneer in foreign direct investment (FDI) in Nepal, Unilever has not only established itself as a blue-chip company but also become a role model for other foreign investors. Beyond its commercial success, Unilever …

Opting for an import-based economy is a risky model, Nepal needs to prioritise production led growth Read More »

NIS 2024 provides an opportunity to promote Nepal as a promising investment destination in the global landscape

CEO Speak

The government is hosting Nepal Investment Summit 2024 on April 28-29 as a flagship event to pursue private investments including Foreign Direct Investment (FDI) with the theme of ‘Emerging Nepal’. High-level dignitaries from friendly nations, especially the major FDI source countries, investors, development partners, lenders including Development Finance Institutions (DFIs), diplomatic community, experts, think tanks, …

NIS 2024 provides an opportunity to promote Nepal as a promising investment destination in the global landscape Read More »

Mindset of government machinery towards private sector must change

CEO Speak

Rajesh Kumar Agrawal is currently the President of the Confederation of Nepalese Industries (CNI). As the President of CNI, he has been taking forward some innovative and notable interventions to strengthen, encourage and elevate the private sector. Agrawal has over 30 years of experience in business. He is the Executive Director of RMC Group, established …

Mindset of government machinery towards private sector must change Read More »

Private education is always at the centre of debate as nothing other gives more mileage to politicians

CEO Speak

Anil Kedia, Chairman of DAV Sushil Kedia Vishwa Bharati School, has set a benchmark for quality education. His educational institutes have modern classroom facilities but the overall development of students is derived from the principles of the Gurukul system, based on eastern philosophy. Kedia firmly believes that spirituality balances the heart and mind which is …

Private education is always at the centre of debate as nothing other gives more mileage to politicians Read More »

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 …

The government needs to reassess its priorities Read More »

A comprehensive review of existing economic policies is essential to address the problems

CEO Speak

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 …

A comprehensive review of existing economic policies is essential to address the problems Read More »

Panchakanya Group always aspire to be a trailblazer in the sectors it ventures into

CEO Speak

The Panchakanya Group has recently entered its 51st year of operation. The modest start initiated by Prem Bahadur Shrestha, the founder of the group, has evolved into Panchakanya Group, a prominent industrial conglomerate in the nation. The group, which has its focus on the production and business of construction materials and equipment, has three generations …

Panchakanya Group always aspire to be a trailblazer in the sectors it ventures into Read More »

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