The final report of the National Census 2021 shows the improved living standard of Nepalis with the increasing use of modern technologies, automobiles, and appliances over the past decade. the HRM There has been a significant improvement in the living standard of Nepalis as the latest report of the 12th National Census shows that the …
National Census 2021 – A Significant Shift in the Lifestyle of Nepalis Read More »
Both the World Bank and the Asian Development Bank (ADB) have estimated that Nepal’s economy will grow by 4.1 percent in 2023 the HRM Nepal’s economic growth in 2023 is projected to slow basically due to tighter monetary policy, slackened domestic demand, the unwinding of the Covid-19 stimulus, and persistent global headwinds. The two multilateral …
World Bank, ADB Warn of Challenging Days Ahead for Nepal Read More »
For automobile and smartphone businesses, the situation has not improved even after the lifting of import restrictions as they face new challenges stemming from the economic downturn and government policies. the HRM After eight long months, the government in December lifted the restrictions placed on the import of ‘luxury goods’. However, this easing has come …
Challenges Surround Automobile and Smartphone Business Read More »
The human capital crisis has been exacerbated by a chain of challenges, including the exodus of youths from the country, far too inadequate private sector and government funding for L&D, and a lack of collaboration between colleges and the corporate sector to produce job-ready graduates. the HRM With a population of just under 30 million, …
Addressing the Problems of Brain Drain and Lack of L&D Read More »
Despite being developed at great expense, the new international airports in Pokhara and Bhairahawa have remained unused and deserted as airlines show no interest to operate flights from the airports. the HRM Amid much fanfare with high hopes from the tourism industry, then Prime Minister Sher Bahadur Deuba inaugurated the Gautam Buddha International Airport (GBIA) …
Making Nepal’s New Intl’ Airports Economically Viable Read More »
Nepali officials are hopeful that India will give the green signal to export power from the project the HRM With India’s assurance of allowing power export from Nepal to Bangladesh, the government is planning to export the electricity generated from the Likhu-4 Hydropower Project to Bangladesh. According to a senior official at the Ministry of …
Plans Afoot to Export Power from Likhu-4 to Bangladesh Read More »
Unscrupulous microfinance companies driven by profit are causing fear and distress in rural areas of Nepal, with victims being coerced into selling their properties or resorting to suicide. the HRM Dil Kumari Karki, a resident of Rautahat, found herself in a difficult financial situation when she took a loan from a local loan shark at …
Are MFIs loan sharks or necessary financial institutions? Read More »
According to NRB’s Economic Activities Report 2021/22, the average capacity utilization of industry nationwide in the last fiscal year was 52.8 percent, up from 52.2 percent in FY 2020/21. the HRM The protracted liquidity crisis, interest rate volatility, and rise in raw material costs have hit the country’s industrial output in the last fiscal year. …
Marginal Growth in Capacity Utilization of Industries Read More »
As non-performing loans (NPLs) surge, commercial banks’ profit decline in the first half of FY 2022/23 the HRM The Nepali banking sector is currently going through a critical period with consolidation on one hand, and rising non-performing loans (NPLs) coupled with falling profits on the other hand. Three mergers and one acquisition over the last …
Economic Slowdown and Rising Cost of Funds Take a Toll on Banks’ Financial Performance Read More »
The consolidation in the insurance sector is in full swing as a series of merger agreements have been signed among both, life insurance and non-life insurance companies in the last one year. the HRM While the merger drive in the banking sector seems to be gradually settling down with the conclusion of some big mergers …
Merger Drive Gathers Momentum in Insurance Sector Read More »
