These are tough times for the Nepali private sector as several economic indicators of the country are not showing positive signs. The overall market demand for goods and services has plummeted, and the business community members say the investment environment has eroded significantly. However, the government ministers claim the economy is on the path to …
After two years of monetary tightening, the central bank has backtracked from its previous stance with the monetary policy review. the HRM A day before the first quarterly review of the Monetary Policy for 2023/24, Finance Minister Dr. Prakash Sharan Mahat convened a meeting with the board of directors of Nepal Rastra Bank (NRB). He …
1st Quarter Review of Monetary Policy – NRB’s Course Correction to Kick-start Economy Read More »
While investment summits are important, such events alone cannot guarantee foreign investments. In the past six years, Nepal has hosted two investment summits— one in 2017 and the other in 2019. The summits were aimed at making concerted efforts to present Nepal as a lucrative investment destination in South Asia in a bid to get …
Ensuring the Meaningfulness of Investment Summit Read More »
As the government prepares to host the third Nepal Investment Summit in 2024, it has overcome heaps of challenges to ensure that the event will be a meaningful one. the HRM Five years after hosting the second Nepal Investment Summit (NIS), the government is once again preparing to extend an invitation to the global investor …
the HRM On November 6, Sunil KC, the President of the Nepal Bankers Association (NBA), said that the non-performing loans (NPLs) of Nepali commercial banks remain within manageable limits. Despite the alarming 92 percent surge in NPLs reported in the first quarter of FY 2023/24 by commercial banks, the NBA, which serves as the umbrella …
Performance of Commercial Banks in Q1Of declining profit and rising NPL Read More »
Times are challenging for Nepali banks and financial institutions. The Macroeconomic headwinds are blowing strong as the country’s economy grapples with a deep recession. Mahalaxmi Bikas Bank Limited, a prominent national-level development bank in Nepal, Limited is braving the situation with prudent banking practices, and effective marketing and communication strategies. Basant Baksi, Head of Liability …
Mahalaxmi Bikas Bank is keenly attuned to the power of digital media Read More »
Since its inception in 2004, COTIVITI Nepal Pvt. Ltd. (formerly Verscend Technologies Pvt. Ltd.) has been among the top IT companies in the country. The firm is one of the offshore development centers of the US-based healthcare analytics company COTIVITI, Inc., and is regarded for its people management practices. Sanjeev Shrestha is the Director of …
At COTIVITI Nepal, we prioritize the well-being and growth of our employees Read More »
It has been six months since Anjan Shrestha was elected unopposed as the Senior Vice President at the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the apex body of the Nepali private sector. Shrestha, who is the Executive Director of Laxmi Group, got elected to the role at a time when Nepal’s economy …
Blessed with diverse natural treasures and unique cultural heritage, Nepal holds tremendous potential in tourism. With the improving infrastructure and growing supply side in tourism, Nepal needs to get well-deserved attention. Targeting two million IVAs (International Visitors Arrivals), an ambitious national campaign Visit Nepal 2020 was launched with the high hope to unleash the vast …
Rethinking Tourism – A New Approach to Make Nepal a Top Destination Read More »
the HRM During Prime Minister Pushpa Kamal Dahal’s recent visit to China, the two Asian neighbors agreed to establish a collaborative technical working committee to evaluate and update the Nepal-China Trade and Payments Agreement, 42 years after the original pact was signed in 1981. With the tectonic shifts in global trade dynamics over the past …
Nepal-China Trade : Understanding the New Dynamics to Unlock Potential Read More »
