Harkirat Singh Bedi heads Dabur Nepal, a pioneering Foreign Direct Investment (FDI) in Nepal, established in 1989 and operational since 1992. From a modest Rs 53 lakh turnover in 1992, Dabur Nepal aims to achieve Rs 2,000 crore by 2025. The company plans to reinvest Rs 9.68 billion for capacity expansion and product diversification. HRM …
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 …
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 …
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 …
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, …
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 »
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 …
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 …
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 …
The last couple of years have seen the Rastriya Banijya Bank Limited (RBBL) rising among the ranks of top commercial banks in Nepal. In the past decade, RBBL, which is wholly owned by the government, posted high income and profit growth in a show of remarkable turnaround from the 1990s and 2000s when the bank …
Banks now need to shift their focus to project-based financing Read More »
