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Private sector seeks expansionary Monetary Policy during interaction organised by MAN

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A head of the upcoming fiscal year, stakeholders are advocating for an expansionary monetary policy. This policy would bolster private sector confidence, facilitate credit access, and stimulate job creation that aligns with government budget execution, ultimately accelerating economic growth. During the interaction organised by the Management Association of Nepal (MAN) — umbrella network of management …

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Creative green economy

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Revitalising traditional production techniques with innovation and scale Nepal’s indigenous communities possess unique skills and craft innovative goods for daily use. Yet, their traditional livelihoods face limitations. Many crafts are disappearing as younger generations are less interested in carrying them forward. This decline stems from a lack of recognition, marketability and integration into supply chains. …

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CEO Conference discusses ideas, shares thoughts for navigating turbulent times

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The Management Association of Nepal (MAN) – umbrella network of management professionals in the country – organised the one-day ‘CEO Conference’ under the theme of ‘The Future of Work: Adapting to Changing Landscape’ on May 31 in Kathmandu, which featured insights and research-based strategies from international experts. The event aimed at assisting stakeholders to understand …

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Outreach celebrates 20 years with rebranding and new website

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Outreach Nepal is set to celebrate its 20th anniversary with an exciting rebranding. This milestone includes a new logo, a philosophy inspired by Nepali heritage and a new website, according to the company, “Since its founding in 2003, Outreach has become a leading advertising agency based in Nepal.” The agency is renowned for its strategic …

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Nepal Investment Summit 2024 – Lukewarm response from investors

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The third episode of Nepal Investment Summit 2024 hosted by the government concluded on a high note with the high-level political leadership making a commitment to provide utmost protection and security to private investments including foreign investments. The summit organised as the flagship event of the investment promotion has been able to position Nepal as …

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Low credit growth, rising NPL hit Q2 profit of Commercial Banks

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Relatively low credit growth as compared to previous years and loan-loss provisioning against rising Non-Performing Loan (NPL) have hit the profit of commercial banks in the second quarter (mid-July to mid- January) of the current fiscal 2023/24. The unaudited financial statements disclosed by commercial banks show the average profit growth of 20 commercial banks in …

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Nepal’s HDI value at 0.601, placing country in Medium Human Development category

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Nepal’s Human Development Index (HDI) value has improved placing the country three spots ahead to 146 out of 193 countries and territories. The recently launched 2023/24 Human Development Report of the United Nations Development Programme (UNDP), titled ‘Breaking the Gridlock: Reimagining cooperation in a polarised world’ revealed that Nepal’s HDI value is 0.601 that places …

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