Despite the efforts of the government and private sector to frame and execute gender sensitive policies, the progress towards gender equality is still moderate. Empowering women is necessary to make them able to utilise the rights enshrined in the Constitution as well as the provisions of the sectoral laws and policies, however, the effectiveness of …
Despite numerous efforts women still deprived of opportunities Read More »
International Finance Corporation, a member of the World Bank Group, is investing $56 million in Global IME Bank Limited (GIBL), to help increase access to finance for smaller businesses in Nepal, including women-owned firms, and foster climate-friendly projects. “The aim is to boost competitiveness in the small and medium enterprise (SME) finance market while also …
Global IME Bank receives investment of $56 million from IFC Read More »
Despite the demand, the full potential of Nepal’s handicraft industry remains untapped. the HRM During a recent visit to Uzbekistan for a handicraft fair, Prachanda Shakya, President of the Federation of Handicraft Association of Nepal (FHAN), was taken aback by Uzbekistan’s impressive growth in handicraft exports. Despite having only two major handicraft products, the central …
After two years of monetary tightening, the central bank has backtracked from its previous stance with the monetary policy review. the HRM A day before the first quarterly review of the Monetary Policy for 2023/24, Finance Minister Dr. Prakash Sharan Mahat convened a meeting with the board of directors of Nepal Rastra Bank (NRB). He …
1st Quarter Review of Monetary Policy – NRB’s Course Correction to Kick-start Economy Read More »
the HRM Nepal recorded cement exports totaling Rs 779.3 million in the fiscal year 2022/23. Notably, within the initial three months of the current fiscal year, cement exports amounted to Rs 853,071 million, surpassing the total exports to India in the previous fiscal year. This substantial achievement is noteworthy for Nepal, a country with limited …
Nepal’s Cement ExportStrong Growth Potential Amid Challenges Read More »
the HRM On November 6, Sunil KC, the President of the Nepal Bankers Association (NBA), said that the non-performing loans (NPLs) of Nepali commercial banks remain within manageable limits. Despite the alarming 92 percent surge in NPLs reported in the first quarter of FY 2023/24 by commercial banks, the NBA, which serves as the umbrella …
Performance of Commercial Banks in Q1Of declining profit and rising NPL Read More »
A sharp slowdown in economic activities, slackened domestic demand, tighter monetary policy, and persistent global headwinds adversely affected Nepal’s economy in FY 2023. the HRM A fter a meager 1.9 percent growth in the last fiscal year, Nepal’s economy is set to rebound in the current fiscal year. The World Bank and the Asian Development …
Drawn by the appeal of intelligent and cost-effective mobility, Nepali consumers are increasingly choosing Chinese electric vehicle brands due to their affordability, ergonomic design, and advanced battery technology. the HRM I n the last week of September, Chaudhary Group (CG), which currently represents three Chinese electric vehicle (EV) brands including NETA Auto, concluded agreements with …
Given the challenges related to the acquisition of lands for project development and bid price dilemmas, the MCC-Nepal Compact stands at a critical juncture in terms of balancing financial considerations and the imperative to ensure a successful and timely implementation. the HRM O ne month into the implementation phase of the Millennium Challenge Corporation (MCC) …
The flagship event provided invaluable insights, inspiration, and recognition to the sales and marketing professionals who continue to drive the growth and success of businesses in Nepal. the HRM Bringing together the best minds in the corporate world and academia, Growth Leadership Academy organized the seventh edition of its annual event Sales Summit 2023 on …
