What needs to be done to bring the economy back from the brink? On January 31, the Ministry of Finance decided to cut the funds allocated under various headings under the recurrent expenditure. The ministry has also frozen the remaining funds allocated for the current fiscal year under 14 budgetary headings. On February 3, the …
the HRM In what can be termed as the ‘start of a merger spree’ in the Nepali banking sector in 2023, Kumari Bank and NCC Bank began unified business on January 1. After this, the second week of January saw two mergers and one acquisition becoming successful in the Nepali banking sector; the Global IME …
the HRM After Shiwaj Neupane completed his undergraduate from the United States in 2014, he returned to Nepal for a break. Neupane had little knowledge of business, but he decided to stay and join the family-run business. Shiwaj, the son of Ambe Group founder Shovakar Hari Neupane, first started as a Manager in the factory …
Steering Economy Away from Crisis Industrialists and businesspersons in Province 1 are agitating since November 9 against the rising borrowing rates and demanding the resignation of Nepal Rastra Bank Governor Maha Prasad Adhikari claiming that the policies of the central bank like the guidelines on working capital loans have hampered doing business environment. Cement and …
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From the development of hydroelectric projects to realizing power export potentials, Nepal is finally getting it right in energy sector development after years of dilly-dallying. the HRM l Nepal exported electricity worth around Rs 8 billion in the last five months. Nepal Electricity Authority (NEA), the state-owned power utility, has exported electricity worth Rs 7.93 billion …
Hard hit by the Covid-19 pandemic, the Nepali hospitality sector is looking to bounce back with new investments and products the HRM Despite taking the biggest hit from the Covid-19 pandemic in the last two and half years, the hotel sector continues to be the most lucrative sector for investments in Nepal. A total of …
Tackling the Challenge of Human Capital Flight for Better Future the HRM he government is all set to sign a bilateral labor agreement with the British government to allow Nepali nurses to work in the United Kingdom. A meeting of the cabinet of ministers on June 5 decided to move ahead with the pact following …
How CEOs of companies with foreign investments see their stay in Nepal in terms of career growth and business expansion When Harkirat Bedi came to Nepal in 2007 as the Head of Sales and Marketing of Dabur Nepal, little did he know that the stint in the Himalayan nation will be a turning point in …
How New Generation Corporate Leaders See People Management Vidushi Rana, Director of Marketing & Business Development at Kiran Shoes Manufacturers Pvt. Ltd, the makers of Goldstar shoes, says that a hierarchical system does not exist in her company and every employee is given a fair chance to speak their minds. Vishal Gadia, Executive Director at …
How Organizations are Embracing L&D Practices for Growth and Excellence? These are some of the examples that show how the private sector organizations, as well as government agencies, are giving importance to learning and development (L&D) activities in Nepal. Furthermore, a majority of private sector organizations have now started creating annual calendars for L&D exercises …
