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Economy loses momentum as construction activities stall

Report

The construction sector in Nepal has been grappling with a myriad of challenges in recent years, directly impacting economic growth and employment opportunities. At the heart of the sector’s current slowdown lies the government’s consistent underperformance in terms of development expenditure. Over the past several years, this spending has remained significantly lower than anticipated, stifling …

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Knowing requires an embodied process : A classroom vs. Dojo

Opinion

The Prevailing Superstition There is a widespread belief among Nepali educational experts – and also globally – that memorisation-based knowledge and passing written tests lead to skills and competencies, despite scientific evidence to the contrary. This view assumes that teachers in schools and colleges are content experts, regardless of how outdated the content may be, …

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Global Finance honours Global IME Bank with ‘Best Bank Award’

News Brief

Global IME Bank has been awarded the Best Bank Award 2024 by Global Finance magazine. Joseph D Giarraputo, Founder and Editorial Director of Global Finance, presented the award to Chairman of Global IME Bank, Chandra Prasad Dhakal, and Deputy CEO, Suman Pokharel, recently amidst a ceremony held in the United States of America. Global IME …

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Strong reform momentum on structural reforms is necessary for Nepal to lift medium-term growth prospects

Interview

Rupa Duttagupta is the Deputy Director of the Asia and Pacific Department at the International Monetary Fund, with nearly two-and-a-half decades of experience at the IMF. She joined the organisation in June 2000 as an economist and has since served across various departments. Duttagupta earned her PhD in Economics from the University of Maryland in …

Strong reform momentum on structural reforms is necessary for Nepal to lift medium-term growth prospects Read More »

HR managers should be business driven with strategic thinking and analytical skills

Managing People

Dr. T. V. Rao is currently the Chairman of TVRLS based in Bangalore. A former professor and board member at Indian Institute of Management, Ahmedabad (IIMA), Dr. Rao is the Founder and First President of National Human Resources Development Network and has been at the forefront of the HRD movement in the country. He served …

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GoldStar shoes strike the perfect balance between comfort, durability, and affordability

Interview

Starting her career in the banking sector, Vidushi Rana has held the position of Director of Marketing and Branding at Kiran Shoes Manufacturers for over a decade. Rana and her team are credited with successfully rebranding GoldStar and introducing a diverse range of products that appeal to various generations and fit different price segments. This …

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This is the right time to avail credit as interest rates are at their lowest minimum

CEO Speak

Gyanendra Dhungana, a seasoned banker with three decades of experience in the banking sector, is the Chief Executive Officer of Nabil Bank. He has a wealth of experience leading the bank as CEO and serving at Nepal Rastra Bank. HRM Nepal caught up with Dhungana to discuss the current perspectives of the banking sector. Excerpts: …

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The Hospitality Boom

Cover Story

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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APPOINTMENT

Appointments

Shrestha appointed Chairperson of Bagmati Province Public Service Commission Maheshwor Shrestha has been appointed as the Chairperson of the Public Service Commission of Bagmati Province. Province Chief Deepak Prasad Devkota appointed him on October 20 following the recommendation from the three member committee comprising of Chief Minister of Bagmati Province, Bahadur Singh Lama, Speaker of …

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