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 …
The endorsement of the bill from the parliament will pave the way for the private sector into power trading. the HRM In late August and early September, Nepali private power producers received two big news they had been eagerly waiting for. First, the government approved the new Electricity Bill and sent it for parliamentary endorsement. …
New Electricity Bill – Empowering Private SectorNew Electricity Bill – Read More »
A study conducted by CNI has found that only 18 percent of the announcements made in the federal budget have been fully implemented by the government agencies in the last fiscal year while there was zero progress in 22 economic sector programs. the HRM Before the finance minister unveils the annual budget, it has become …
Budget Announcement and Implementation – The Great Disconnect Read More »
As a myriad of factors deter foreign investors from engaging with Nepal, the net foreign direct investment (FDI) in the country reached a nine-year low in the last fiscal year. the HRM Infraco Asia, a Singapore-based company, has divested its holdings in Gurans Energy Limited, a joint venture company based in Nepal. While divestment of …
Bureaucratic Red Tape Continues to Mar Nepal’s FDI Regime Read More »
In the last 10 years, there has been a noteworthy rise in both the number of families engaged in agriculture and the involvement of households led by women in this field. However, arable land across the country has decreased by 0.3 million hectares, as well as the average size of agricultural land holdings in this …
After enduring a historic downturn during the Covid-19 pandemic, Nepal’s upscale hotels have experienced a robust recovery in their business. the HRM A fter facing severe challenges during the Covid-19 pandemic, hospitality enterprises have shown an impressive resurgence. The financial reports of the last fiscal year of six hotel and tourism companies listed on the …
Hotel Industry – Bouncing Back StronglyHotel Industry Read More »
Despite the increase in profits, the capacity of commercial banks to distribute substantial dividends has diminished due to a 26 percent drop in distributable profit. the HRM When the commercial banks released their third-quarter report in mid-April of this year, there was an anticipation that non-performing loans (NPLs) would experience further growth and that net …
Fourth Quarter Reports of Commercial Banks – Diminishing Returns Read More »
The infrastructural issues including transmission lines and delay by India to increase energy imports from Nepal have seriously raised the issue of business sustainability in the hydropower sector. the HRM A total of 170 MW of electricity produced by 20 hydroelectric projects is being wasted in the current wet season as the Nepal Electricity Authority …
Private Power Producers face mounting challenges Read More »
