business

Dabur Nepal is proud to be a top five exporter and bringing in excellence in management practices

Harkirat Singh Bedi heads Dabur Nepal, a pioneering Foreign Direct Investment (FDI) in Nepal, established in 1989 and operational since 1992. From a modest Rs 53 lakh turnover in 1992, Dabur Nepal aims to achieve Rs 2,000 crore by 2025. The company plans to reinvest Rs 9.68 billion for capacity expansion and product diversification. HRM …

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Accommodative Monetary Policy to spur the economy

the HRM A midst the current economic slowdown, Nepal Rastra Bank (NRB) – the central regulatory and monetary authority – has unveiled an accommodative Monetary Policy for Fiscal Year 2024/25 to boost production, create jobs and stimulate economic activities through the expansion of private sector credit by 12.5 percent against around 5 percent of FY …

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Outreach Wins 12 Awards at Flame Awards Asia 2024, India

Kathmandu: Outreach Nepal has celebrated their win at the Flame Awards Asia 2024, which took place at Vivanta by Taj in New Delhi, India. Represented by Outreach, Lemon and DigitalIn, Outreach team secured 12 prestigious awards: 5 Gold, 6 Silver and 1 Bronze. Outreach’s award-winning campaigns showcased a diverse portfolio of esteemed clients, including Unilever, PepsiCo, Ncell, Standard Chartered Bank, Tencent and Double A. Outreach has highlighted …

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APPOINTMENTS

Singh appointed Chief Minister Satish Kumar Singh has been appointed the Chief Minister of Madhesh Province. Madhesh Province Head Sumitra Bhandari appointed him as Chief Minister on June 7. Singh is a lawmaker of Janamat Party and succeeds Saroj Kumar Yadav of the Federal Socialist Forum. Singh garnered the support of 55 provincial assembly members …

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OPEC Fund provides $25 million loan to Global IME Bank to support MSMEs and enhance climate resilience

The OPEC Fund for International Development (the OPEC Fund) has signed a USD25 million loan agreement with Global IME Bank Limited to increase access to financing for micro, small, and medium enterprises (MSMEs), including women-owned enterprises, as well as climate-smart projects. The OPEC Fund’s loan is expected to help address significant financing gaps for MSMEs, …

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Empowering New Employees : The Crucial Role of Induction & Mentorship in an Organisation’s Success

Organisational leaders, including those in education, often undermine the need for new employee induction when hiring new staff. Whether the new employees are recent graduates or individuals with years of experience in other organisations, they are not much familiar with the new organisation. Starting a new job can be exciting, but some new employees may …

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From my first job, I learned the importance of aligning with both the leader’s vision and the organisational goals

Poshak Raj Paudel, Chief Executive Officer, Citizens Life Insurance & President, Life Insurance Association Nepal In 1988, fresh out of my SLC exams, I embarked on my teaching career at Mohana High School in Chitwan. Securing the position was no less challenging than finding a qualified subject teacher for the school. From the outset, I …

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Private sector seeks expansionary Monetary Policy during interaction organised by MAN

A head of the upcoming fiscal year, stakeholders are advocating for an expansionary monetary policy. This policy would bolster private sector confidence, facilitate credit access, and stimulate job creation that aligns with government budget execution, ultimately accelerating economic growth. During the interaction organised by the Management Association of Nepal (MAN) — umbrella network of management …

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Congenial HR policies are instrumental in shaping a company’s sustainability and growth

Farina Banu brings over two decades of diverse experience in human resources, spanning various sectors such as education, banking, aviation, hospitality, international non-governmental organisations (INGOs), and the IT-AI sector. Currently serving as Head of Talent – Nepal and Global Head of Talent Acquisition at CloudFactory, her career journey has equipped her with comprehensive insights into …

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CEMT has built trust among millions of clients worldwide with its credible and easily accessible services

Anita Thapa Acharya holds the pivotal role of Head of Brand and Promotion at City Express Money Transfer (CEMT), a prominent remittance company in Nepal. Her professional contributions have significantly shaped the company’s branding and promotional strategies. Established in 2007, City Express Money Transfer has rapidly emerged as a frontrunner in the remittance sector, operating …

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