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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 »

Sep 21 2023September 21, 2023

Nepal’s Export of IT Services : Making Big Strides

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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 …

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Aug 23 2023August 23, 2023

The Nepali EV Market

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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 …

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Jul 20 2023July 20, 2023

Nepali Startup Ecosystem

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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 …

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Jun 20 2023June 21, 2023

Decoding the Fintech Revolution in Nepal

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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 …

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May 17 2023May 17, 2023

Federal Budget for FY2023/24

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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 …

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Apr 19 2023April 19, 2023

Revitalizing Nepal’s ExportsRevitalizing Nepal’s

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Rebooting policies to capitalize opportunities in international trade the HRM With the start of the new year 2080 BS, Nepal will have its new blueprint for revitalizing trade- Nepal Trade Strategy 2023- ready. NTS 2023, Nepal’s fourth-generation trade integration strategy, will be the guiding document for the country’s trade policy for the next five years. …

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Mar 20 2023March 20, 2023

Private Equity & Venture Capital

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Changing the Investment Landscape In the second week of January, the logistics services provider Upaya received funding of Rs 60 million from Nepal Infrastructures Investment Fund Limited (NIIF). NIFF is a capital venture jointly promoted by Global Equity Fund (GEF), Prime Life Insurance, and Himalayan Everest Insurance. On December 20, 2022, Japan International Cooperation Agency …

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Feb 19 2023February 19, 2023

Averting a Looming Economic Crisis

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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 …

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Jan 24 2023January 24, 2023

The New Era of Banking Consolidation

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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 …

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The Exodus – Counting the Cost of Mass MigrationThe Exodus –

Nepal’s Export of IT Services : Making Big Strides

The Nepali EV Market

Nepali Startup Ecosystem

Decoding the Fintech Revolution in Nepal

Federal Budget for FY2023/24

Revitalizing Nepal’s ExportsRevitalizing Nepal’s

Private Equity & Venture Capital

Averting a Looming Economic Crisis

The New Era of Banking Consolidation

Diagnosing the Human Resource Management gaps of the healthcare service providers

Excessive Liquidity

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