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HR Strategies Following Insurance Mega-Mergers

Nepal’s insurance sector has experienced substantial consolidation in recent years, prompted by the increased paid-up capital requirements for insurance companies. The Nepal Insurance Authority (NIA) – the regulator of the insurance sector – has raised the paid-up capital of insurance companies tenfold since 2017 in two phases, leading insurance companies to pursue mergers to meet …

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High Turnovers

High Employee Turnover Weakening Institutions, Productivity, and Growth High employee turnover in established sectors is causing instability, impacting outcomes, and increasing recruitment and capacity-building expenses. Human Resources departments are struggling to cope with these challenges and the significant talent drain from the country. Employee benefits, career growth opportunities, and exposure are readily available and transparent …

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The Hospitality Boom

Hospitality sector thriving with opportunities abound the HRM Nepal’s hospitality sector has been drawing substantial investment and has rapidly emerged as one of the country’s most dynamic and fast-growing industries. Nepal’s abundant natural beauty, cultural heritage, and diverse landscapes, combined with its rich historical and spiritual significance, have made the country a popular global tourism …

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Amplifying GreenGrowth

Nepal is pioneer in implementing GRID framework. the HRM Moving ahead towards lowering the impact of climate change through various adaptation and mitigation measures, countries across the globe have been implementing national action plans on climate change. Consequently, regional and global cooperation and collaborations have amplified. Nepal has been making earnest efforts in line with …

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Nepal Investment Summit 2024 – Crafting a Vision to Convince Global InvestorsNepal Investment Summit 2024 –

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 …

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Nepal-China Trade : Understanding the New Dynamics to Unlock Potential

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 …

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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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