business

Hotel Industry – Bouncing Back StronglyHotel Industry

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 …

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Nine Cautions for Leaders building early ITES and BPO businesses

The Information Technology Enabled Services (ITES) and Business Process Outsourcing (BPO) industries are subject to several common errors, especially in the early stages of business development. Information Technology is one of the widest streams of interest today, with academic and business interests both at high levels in developed and developing countries. In several countries, the …

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Dangote’s Departure from Nepal – A Tale of Negligence and Mishandling of FDI

The harrowing experiences of Dangote Group, a Nigerian multinational industrial conglomerate, offers a picture of how difficult investing in Nepal has become for foreign investors who fall into the trap of corrupt leaders, bureaucrats, and inward-looking local industrialists. In the second week of July, the US State Department published its 2023 Investment Climate Statements, a …

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My professional journey as a CEO has been enriched with profound lessons

For Hom Neupane, CEO of Nebico Group of Companies, his 23 years of career journey have been a rewarding and fulfilling one. He has worked in various roles and capacities in different organizations over the years and has a treasure trove of experience in the FMCG sector. Since 2008, he has been leading the pioneering …

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The need of the moment is to cater to brand activities through prioritization and necessity

Doing business has become tough for Nepali corporate groups lately primarily due to the economic downturn in the country. In this context, marketing professionals are faced with several difficulties in their areas of work. Similarly, there are other challenges for them stemming from changes in the preferences of consumers and digitization. Punam Singh is the …

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Golyan Group is highly invested in the development of employees

It was in the 1950s when Sohan Lal Golyan started the business of textiles, spices, and electronic items laying the foundations of the present-day Golyan Group which has a diverse interest in areas including manufacturing, financial services, agriculture, hospitality, and construction, among others. Currently, over 5,000 people are working in different companies of the group. …

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Panchakanya Group always aspire to be a trailblazer in the sectors it ventures into

The Panchakanya Group has recently entered its 51st year of operation. The modest start initiated by Prem Bahadur Shrestha, the founder of the group, has evolved into Panchakanya Group, a prominent industrial conglomerate in the nation. The group, which has its focus on the production and business of construction materials and equipment, has three generations …

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Nepal’s Export of IT Services : Making Big Strides

The surge in software development and digital services through offshore outsourcing may be considered one of the most under-the-radar developments to have occurred in the country in recent times. Nepal’s exports of IT services in 2022 amounted to USD 515.4 million, making it the country’s top exportable product.  the HRM On July 17, the Ministry …

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