business

“It is difficult for the productive sector to survive when there is interest rate volatility”

A momentous day for the Nepali cement industry was recorded on October 10 with Arghakhanchi Cement commencing export of cement to India. That day, the company exported 1,400 sacks of Pozzolana Portland Cement (PPC) in its first lot of export to the Indian market. At a time when the domestic cement demand along with other …

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Saving the Rs 100 billion Automobile Sector

Anup Baral, Executive Member, NADA Automobiles Association of Nepal The automobile industry is on the verge of collapse as the government has imposed a ban on the import of passenger vehicles, classifying them as ‘luxurious’. Not only has the import ban hit the automobile sector, but the entire automotive industry, from dealers to distributors, spare …

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On the Brink – Automobile Market Facing Big Economic Headwinds

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 …

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“Banks are under huge pressure to sustain their financial resources”

After going through a challenging period during the Covid-19 pandemic, the Nepali banking sector is now surrounded by challenges stemming from the external economic imbalances of the country and a liquidity crunch, which appears to be the most severe shortage of investible funds in the financial system in the living memory leading to a sharp …

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A Possible Benefit for Nepal from the Economic Downturn

The global downturn will force companies to look for more affordable skilled programmers which are on high demand for globally. Avi Z Liran Ned Davis Research, known for its Global Recession Probability Model, estimates that there is a 98.1 percent likelihood of a global recession next year, the highest since the global financial crisis of …

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Career Break

Is It an Escape or a Need? Taking a career break from full-time work is not an easy decision Divya Singh The working day started again. In a soliloquy, an officer said, “I feel like I am dragging myself to work, I wish I could take a day off today”. As soon as the officer …

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Brace for Impact!

It’s high time that corporates, businesses, and even government organizations are revamped to interest, attract and retain the newer generation of the workforce. Ugen Gautam As a 36-year-old working professional, I belong to a unique generation where I had an ‘analog childhood’ and I am now enjoying a ‘digital adulthood’. Alas, I am a lifelong …

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