CEO

Political instability is beyond control but political leadership should ensure policy stability

Shashi Kanta Agrawal is a seasoned businessman. He began his family business in textiles, later expanding into manufacturing and the hospitality/service sector. He owns Reliance Spinning Mills and Everest Sugar Mills. Additionally, he serves as the Chairman of Marriott Hotels, Kathmandu. The HRM Nepal recently interviewed Agrawal to gain insights into his business strategies. Excerpts: …

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CEO Conference discusses ideas, shares thoughts for navigating turbulent times

The Management Association of Nepal (MAN) – umbrella network of management professionals in the country – organised the one-day ‘CEO Conference’ under the theme of ‘The Future of Work: Adapting to Changing Landscape’ on May 31 in Kathmandu, which featured insights and research-based strategies from international experts. The event aimed at assisting stakeholders to understand …

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We can’t expect the economy to improve unless credit mobilisation of BFIs to the private sector picks up

The country’s banking sector has been moving ahead through a turbulent time along with consistent slowdowns in the economy for the last few years. Soaring non-performing loan (NPL) has raised eyebrows regarding the asset quality of banks. Low credit growth, recovery challenges, and negative profit growth have posed manifold challenges in the financial sector as …

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APPOINTMENT

Prof. Baral named VC of TU Prime Minister Pushpa Kamal Dahal ‘Prachanda’, as the Chancellor of Tribhuvan University, has appointed Professor Keshar Jung Baral as the Vice Chancellor of the country’s oldest university that was established in 1959. Baral previously served as the Vice Chancellor of Pokhara University. Baral, who is the 20th Vice Chancellor …

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The government needs to reassess its priorities

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 …

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Frequent changes in government and policies will create an unpredictable situation

Not many business groups in Nepal have achieved success as IME Group in a short period of time. The group’s roots can be traced back to the early 1990s when Chandra Prasad Dhakal and his brother Hem Raj Dhakal started a freight service business. A big moment for the brothers came in 2001 after they …

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We plan to expand beyond internet connectivity to cloud computing services

What started as a store-and-forward email service over a dial-up link in a room with a single computer in 1995 by a 22-year-old Dileep Agrawal is now the Nepali internet giant WorldLink Communications Limited. The company is regarded for innovative and reliable services that it has expanded to nooks and corners of the country. Recently, …

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