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 »
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 »
Not many business groups in Nepal have achieved success as IME Group in a short period of time. The group’s roots can be traced back to the early 1990s when Chandra Prasad Dhakal and his brother Hem Raj Dhakal started a freight service business. A big moment for the brothers came in 2001 after they …
Frequent changes in government and policies will create an unpredictable situation Read More »
