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Our motto is to strengthen our business for generations to come

CEO Speak

Laxman Neupane is the Chairperson of the Siddhartha Business Group of Hospitality. Having entered entrepreneurship in the late 1990s, he has since built the Siddhartha Business Group of Hospitality into an empire encompassing 33 enterprises. Currently, the group has a total of 26 establishments, which include hotels, restaurants, and banquet services. Beyond hospitality, the group …

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Economy under repeated shocks

Cover Story

Nepal’s economy has recently faced repeated shocks of increasing intensity and frequency. Both natural and human-induced disasters have crippled the economy, leading to persistent socio-economic challenges. Since the 1990s, the nation has endured dozens of shocks, including two major events within a single month: the September 8-9 Gen Z protest and the devastating flood and …

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Private Sector Engagement – Key to sustainable development initiatives

Opinion

My initial career started with the private sector, first with Anderson Consulting in the USA as change management consultant and later in a premiere financial institution in Nepal. The experiences in these institutions have guided my professional journey and commitment to date. After almost a decade I ventured into the development arena through consulting assignments …

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Happy Anniversary!

Opinion

Speak without Fear #10 Being comfortable with special-occasion speeches Warmest congratulations to the editor, publisher, and the entire team at the HRM Nepal on your fourth anniversary issue. You’ve built a thoughtful platform for leaders and learners across Nepal, and it shows issue after issue. Your consistency makes our community wiser and workplaces better. Thank …

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I will give KIOCH everything I possibly can

CEO Speak

A prominent figure in both public health and medicine, Dr. Bhagawan Koirala has dedicated over three decades to building public institutions and performing as a highly respected cardiac surgeon. Dr. Koirala’s passion for institutional development and healthcare standardisation has established him as a ‘change maker’. He has reformed Nepal’s health system, notably by introducing a …

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Financial Health of Banks in FY 2024/25

Report

Low-base effect fuels bank profit growth but challenges persist Banks’ performance and dividend payouts gained traction in Fiscal Year 2024/25, alongside an improvement in credit expansion. Unlike the situation in 2023/24, which was marked by low credit growth and high provisioning requirements, banks and financial institutions (BFIs) recorded a strong profit last fiscal year, as …

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Lean and efficient government crucial for attracting investment and developing the private sector

Opinion

One can simply compare our social, economic and political path with that of the rest of the world. In the 1930s, the globe was gripped by an economic crisis, also known as the Great Depression. Before this crisis, two main economic philosophies prevailed: a highly regulated, less market-based system where the state was heavily involved …

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