Nepal’s bulge youth population getting old without attaining prosperity the HRM Nepal’s current demography is considered as a comparative strength due to the high number of youth bulge or the working age population (15-60 years). However, the country is entering a club of ageing countries by 2028 while observing the population pyramid based on the …
Due to lack of revenue mobilisation capacity, the government brought the monetary instrument and private sector credit as a panacea, that has a serious implication on the economy along with the financial sector resources overleveraged the big borrowers. the HRM T he widening gap between the revenue target and actual collection in recent years has …
As the government prepares to host the third Nepal Investment Summit in 2024, it has overcome heaps of challenges to ensure that the event will be a meaningful one. the HRM Five years after hosting the second Nepal Investment Summit (NIS), the government is once again preparing to extend an invitation to the global investor …
the HRM During Prime Minister Pushpa Kamal Dahal’s recent visit to China, the two Asian neighbors agreed to establish a collaborative technical working committee to evaluate and update the Nepal-China Trade and Payments Agreement, 42 years after the original pact was signed in 1981. With the tectonic shifts in global trade dynamics over the past …
Nepal-China Trade : Understanding the New Dynamics to Unlock Potential Read More »
In the fiscal year 2022/23, the sum of money spent for overseas education increased substantially by 48.3 percent. Nepalis remitted Rs 100.42 billion from the country to cover the educational expenses of their children. In 2022, approximately 2,000 doctors sought authorization from the Nepal Medical Council to work abroad. This marks a significant increase compared …
The Exodus – Counting the Cost of Mass MigrationThe Exodus – Read More »
The surge in software development and digital services through offshore outsourcing may be considered one of the most under-the-radar developments to have occurred in the country in recent times. Nepal’s exports of IT services in 2022 amounted to USD 515.4 million, making it the country’s top exportable product. the HRM On July 17, the Ministry …
Nepal’s Export of IT Services : Making Big Strides Read More »
A Sunrise Sector in the Making Last year was a milestone for the EV dealers in Nepal after securing a staggering 50 percent share of passenger vehicle sales indicating that EVs are becoming the mainstay in the domestic automobile business. the HRM Over the past two years, the Nepali electric vehicle (EV) market has witnessed …
The New Era of Business Innovation From hiring taxis and motorbikes for rides, many Nepal are now acclimatized to the convenience offered by ride-sharing applications. The introduction of Tootle and now Pathao has completely changed the way people hire rides in cities. The urban populace of Nepal increasingly prefers digital payments over cash payments. Thanks …
The remarkable ease and convenience offered by digital payment systems have captivated the spending habits of Nepalis, driving them to ditch cash and embrace a digital future. the HRM June 1, 2023, will be remembered as an important date in the history of fintech in Nepal. On that day, Nepal and India entered into an accord …
Bringing Economy Back from the Brink Never before has any finance minister been forced to prepare a budget with an acute scarcity of financial resources as Dr. Mahat. the HRM Drafting a federal budget has always been a hefty task as the Minister for Finance has to take care of the aspirations of many. From …
