Reforms in fiscal governance at the central stage The state treasury’s limited resources have intensified discussions regarding the urgent need for reforms in fiscal governance, particularly concerning the efficacy of public expenditure. Speaking at the Pre-Budget Discussions for Fiscal Year 2025/26, organised by the Management Association of Nepal (MAN) on May 3, Deputy Prime Minister …
KATHMANDU: Nabil Bank has introduced innovative and impactful savings account ‘Nabil Digo Bachat Khata,’ savings account in Nepal with an aim to promote sustainable development and reduce carbon emissions. This initiative aligns with Nepal’s ambitious target of achieving net-zero carbon emissions by 2045 and contributes directly to global sustainability efforts. Through this innovative savings account, …
The nation has been grappling with significant challenges alongside a substantial exodus of students. This mass migration, widely considered an outflow, involves a large number of students seeking education abroad. The recent tragic suicide of Nepali student Prakriti Lamsal, a third-year B-Tech student at the Kalinga Institute of Industrial Technology (KIIT) in Odisha, India, has …
Are they retaining students? The significant outflow of Nepali students for higher education has emerged as a critical policy challenge in recent times. Both the public and private sectors have implemented various initiatives to address this issue. Some advocate for extreme measures, such as restricting students from pursuing higher education abroad immediately after completing their …
Participants share overwhelming experience The Growth Leadership Academy (GLA) organised a five-day ‘Business Immersion Programme’ in Dubai, United Arab Emirates (UAE), from November 9 to 15 (including travel time). This immersive learning programme for professionals included training, exposure visits, experience sharing and excursions. The programme covered a wide range of themes, including artificial intelligence …
GLA conducts its first overseas training cum excursion Read More »
The shortfall in revenue collection over the past few years has widened the budget deficit, making it increasingly difficult for the government to meet its necessary expenditures. According to the Financial Comptroller General Office (FCGO), government spending has outpaced revenue collection and other receipts. As of the end of November this year, the government has …
The construction sector in Nepal has been grappling with a myriad of challenges in recent years, directly impacting economic growth and employment opportunities. At the heart of the sector’s current slowdown lies the government’s consistent underperformance in terms of development expenditure. Over the past several years, this spending has remained significantly lower than anticipated, stifling …
Economy loses momentum as construction activities stall Read More »
Domestic airlines in Nepal have experienced substantial growth over the past decade. Alongside the construction and upgrading of domestic airports, airlines have expanded their fleets with new aircraft. In the last 10 years, some new entrants in the airline industry have become well-established, while others are struggling to survive in Nepal’s competitive skies. The aviation …
Growth Leadership Academy Pvt Ltd organised the 8th edition of the Sales Summit at the Soaltee Hotel in Kathmandu on August 30, with the theme ‘Innovate, Transform and Thrive.’ The event brought together more than 260 sales executives from various sectors, including multi-national companies, banks and financial institutions, I/NGOs, and government agencies. The summit was …
Sales executives ignited with innovative ways to transform and thrive Read More »
Lions Club of Kathmandu Corporate, Nepal (MD325-D), has awarded 11 trailblazers under different categories on August 3 amidst a ceremony organised in Lalitpur. These awards recognise and celebrate corporate social responsibility (CSR) efforts among businesses, promote community engagement, inspire the adoption of best practices, and strengthen partnerships between the corporate sector and local communities. “By …
Lions Club of Kathmandu felicitates 11 trailblazers Read More »
