Cover Story

Frontliners

Leadership development and promotion of values in sales Sales professionals have a reason to be optimistic, as the national fiscal and monetary policies for 2025/26 are designed to increase aggregate demand during a prolonged economic slowdown. These favourable policies are expected to boost confidence among market players – including producers, traders, suppliers, service providers, and …

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Monetary Policy FY 2025/26

Navigating Financial Headwinds Banks and financial institutions (BFIs) are currently facing a dual challenge: high liquidity coupled with sluggish credit demand. Private sector credit growth reached only 6.95% for the first 10 months of the fiscal year. This falls significantly short of the 12.5% credit growth estimated by the 2024/25 Monetary Policy, which is deemed necessary …

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Quiet Firing

Threat to company’s HR culture and honesty Quiet firing is a growing, subtle trend that threatens company culture. It moves away from openness, fairness and performance-based reviews. Instead, senior management often interferes, which weakens the developing HR practices in the country. Often, senior leaders or the board look for ways to cut jobs to reduce …

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Will it be a panacea for the current economic woes…

Adhering to constitutional provisions, the government is set to unveil the budget for the Fiscal Year 2025/26 by the end of May (Jestha 15). The government’s Policies and Programmes, presented by President Ram Chandra Poudel on May 2, have indicated a proactive approach and a commitment to efficient resource allocation to invigorate the economy starting …

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C-suite Salaries

What additional benefits are the C-suites availing? Lucrative salaries and perks associated with certain professions often become the talk of the town. In publicly listed companies, this information is transparent and published in their annual reports. Salaries and incentives for government employees are also publicly known. However, in privately owned corporates and industries, these matters …

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HR Strategies Following Insurance Mega-Mergers

Nepal’s insurance sector has experienced substantial consolidation in recent years, prompted by the increased paid-up capital requirements for insurance companies. The Nepal Insurance Authority (NIA) – the regulator of the insurance sector – has raised the paid-up capital of insurance companies tenfold since 2017 in two phases, leading insurance companies to pursue mergers to meet …

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High Turnovers

High Employee Turnover Weakening Institutions, Productivity, and Growth High employee turnover in established sectors is causing instability, impacting outcomes, and increasing recruitment and capacity-building expenses. Human Resources departments are struggling to cope with these challenges and the significant talent drain from the country. Employee benefits, career growth opportunities, and exposure are readily available and transparent …

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The Hospitality Boom

Hospitality sector thriving with opportunities abound the HRM Nepal’s hospitality sector has been drawing substantial investment and has rapidly emerged as one of the country’s most dynamic and fast-growing industries. Nepal’s abundant natural beauty, cultural heritage, and diverse landscapes, combined with its rich historical and spiritual significance, have made the country a popular global tourism …

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