The confidence in startups has increased due to the remarkable success stories of companies like Hamrobazar, Foodmandu, Sastodeal, Hamro Patro, eSewa, Fonepay, and Khatli, among others. The notable evolution of the startup ecosystem in Nepal is just one decade old. However, within a decade, the Nepali startup movement has democratized entrepreneurship, as access to capital, …
The New Era of Business Innovation From hiring taxis and motorbikes for rides, many Nepal are now acclimatized to the convenience offered by ride-sharing applications. The introduction of Tootle and now Pathao has completely changed the way people hire rides in cities. The urban populace of Nepal increasingly prefers digital payments over cash payments. Thanks …
The private sector’s participation in environmental causes has risen in last few years the HRM At a time when the consequences of global climate change have become more serious with each passing day, the relevance of June 5 as the World Environment Day to spread awareness for conserving the environment has increased further. In Nepal, …
Nepal’s private sector contributes 81.55 percent to Nepal’s GDP, making it a crucial driver of economic growth the HRM Biratnagar Jute Mill was established in 1936 as the first industry in Nepal. Founded by the late Shree Ramlal Golchha, the patriarch of the Golchha family, the jute mill heralded an era of organized private investment …
Nepali Private Sector – Driving the Economy Amid ChallengesNepali Private Sector – Read More »
In his professional career as a non-life insurance executive, Yugesh Bhakta Bade Shrestha has seen the Nepali insurance business going through big changes. According to him, the current times are very different from when he started his career some 28 years ago. Shrestha is the CEO of IGI Prudential Insurance Ltd which recently started transactions …
Times are hard for the Nepali advertising industry. Business is down sharply as advertisers have slashed their marketing expenses. Sudip Thapa, Group Managing Director of ANS.CO says that digital platforms have been helping advertisers and marketers to some extent in the current difficult business climate. Thapa, who is the First Vice President of the Advertising …
Surya Prasad Silwal assumed the role of Chairperson of the Nepal Insurance Authority (NIA) in February 2021, and his tenure has been marked by transformative policy changes in the insurance sector. Under his leadership, NIA’s strategic approach has been focused on sectoral consolidation for creating bigger and better entities. The regulator has increased paid-up capital …
The economic growth estimate of 2.16 percent by NSO is the lowest after the Covid-induced growth of -2.37 percent in FY 2019/20 the HRM When the government announced the federal budget for the current fiscal year, it had set an ambitious target of eight percent of economic growth. Despite challenges in the external sector, the …
Strategic resilience enables SMBs to adapt quickly to changing market conditions, reduces risks, promotes innovation, builds a stronger brand, and enables long-term sustainability. The business world has become increasingly volatile and unpredictable, and small and medium-sized businesses (SMBs) must develop strategic resilience to face unexpected challenges and disruptions in the market. The COVID-19 pandemic has …
Building Strategic Resilience – Ideas and Applications for Small and Medium Businesses Read More »
Starting as National Biscuit and Confectionery Pvt. Ltd in 1964, Nebico Pvt. Ltd. is a pioneering company in Nepal in biscuits and confectionaries. The company has a diverse portfolio of manufacturing and represents various brands of biscuits and confectionaries that are regarded for quality in the domestic market. Nebico also is among the few Nepali …
