The import ban, according to NADA, has resulted in the closure of 58 dealers across the country, resulting in over 1,000 job losses, with many in the process to shut down the doors of their businesses. the HRM The once booming Nepali automobile sector is facing an existential crisis as the NADA Automobiles Association of …
On the Brink – Automobile Market Facing Big Economic Headwinds Read More »
Positive Workplace Culture for Increasing Productivity the HRM The Human Resources Society Nepal (HRSN), the apex body of Nepali HR professionals, organized the 11th “National HR Conference” on September 7 in Kathmandu. The theme for this year’s conference was “Cultivating a Positive Workplace Culture”. More than 200 professionals from various industries attended the annual flagship …
What Will it Take for Nepal to Build a Digital Business Ecosystem? According to a new report of ADB, Nepal has a long way to go develop an ecosystem to foster digital entrepreneurship the HRM At a time when the government has been claiming that the rules and regulations introduced in recent years have helped …
The World Bank has projected Nepal to grow at rate of 5.1 percent while ADB forecast 4.7 percent the HRM After two tumultuous years of pandemic, the Nepali economy is set to grow at a modest pace raising hopes for a ‘V’ shaped economic recovery of the Himalayan nation. According to the latest Nepal Development …
World Bank and ADB Forecast Modest Growth for Nepal Read More »
A Tale of Project Development of Two Cross-border Railways the HRM Touted as game changer connectivity projects, the progress on developing the two cross-border railway projects – Kerung-Kathmandu Railway and Raxaul-Kathmandu Railway – is yet to gather any momentum. In 2018, Nepal signed two major agreements on cross-border railway projects for improving connectivity with its …
The one-day summit dealt with the emerging issues and challenges in the digitized world and how digitization contributes to the transformation in sales. the HRM In one of its kind events in Nepal, the Growth Leadership Academy on August 26 organized the sixth edition of the Sales Summit in Kathmandu. Organized with the theme ‘Sales …
Growth Leadership Academy organizes 6th Sales Summit Read More »
The Prospects and Problems in Becoming Publicly Listed Companies the HRM A few years ago, when the initial public offering (IPO) market was booming in India, investors used to say jokingly that “Even pani puri sellers will raise funds from the public.” Such was the IPO frenzy in the now world’s fifth largest economy that …
While there is still strong demand for electronic vehicles (EVs), the government policy fluctuations not only raise questions about the country’s commitment to an environment-friendly transport system but also EV business. the HRM The good news: Electric Vehicles (EVs) imports jumped a whopping 709 percent in FY 2021/22. The bad news: Except for EVs up …
Policy flip-flop puts brake on speeding EV market Read More »
As the Covid-19 pandemic subsides, job pledges by newly-registered industries at the Department of Industry rose to a four-year high in the last fiscal year. The job pledges of industries registered in DoI jumped by a whopping 141 percent in FY2021/22. Manufacturing sector is the largest job creator 71 newly-registered industries have proposed employment for …
Over 600,000 Permits Issued for Foreign Employment in Last FY The number of work permits issued increased by 3.68 times in the last fiscal year Saudi Arabia was the most preferred labor destination in FY2021/22 For Nepali women migrant workers, UAE was the first choice the HRM With the resumption of international travel following the …
