Nepal’s overall financial literacy score of 57.9 percent is slightly lower than the average OECD score. But much needs to be done to raise the level of financial literacy in the country as such score in rural areas is lower compared to urban areas Amid the consolidation drive to strengthen the banking sector lately, one …
Ever since its inception in 1992, Unilever Nepal has been one of the major FMCG companies in Nepal. In the last three decades of its presence, the multinational firm has earned a name not only known for its business practices but also for people management practices. In the Nepali corporate world, the company is credited …
It’s been 10 months since Sunil Paudel was appointed as the Managing Director of Nepal Telecom. Before joining the government-owned telecommunications services provider, he was Executive Director at National Information Technology Center for almost four years. Paudel, who has an M.Sc in Global IT Technology Program from the Korean Advanced Institute of Science and Technology …
We are trying to overcome the profit drop by expanding our prioritized services Read More »
What will it take for the new government to fix the economy? the HRM The first quarterly review of the Monetary Policy of the current fiscal year was keenly followed by many in the business community. Hard hit by the prolonged liquidity crunch, rising interest rates, import ban on various items, and with most types …
Like other industries, the dark clouds of economic uncertainty have also shrouded the Nepali liquor and beer industry. The recent festive season also failed to bring the much-needed boost in demand for alcoholic beverages that producers have hoped for. Raj Bahadur Shah, Managing Director of Jawalakhel Group of Industries (JGI), estimates that the liquor and …
We need to tighten our belts and be ready for the rough ride ahead Read More »
HR must have a valid reason for terminating the employee and the decision-maker from the top management team must be aware of the situation. Termination is ending the contract between an employer and an employee from the employer’s side having a valid reason. There could be voluntary or involuntary termination as well in different cases. …
Careerwise, the past two decades have been very rewarding for Rupesh Sharma Bhatta, Vice President of VG Impex Pvt. Ltd, the authorized distributor of Great Wall Motors in Nepal. Starting as a Service Engineer in Beesants Trading Company in 2001, he went on to become a top professional in the Nepali automobile sector working at …
In the process of “Nepalisation” which has now become the agenda for most global brands, we need talents who understand Nepali consumers at its core Two decades ago, when I started my career in advertising, the creative and media requirements were simple for most global brands operating in Nepal. In the case of creative requirements, …
Emerging Talent – The Need of the HourEmerging Talent – Read More »
the HRM After Shiwaj Neupane completed his undergraduate from the United States in 2014, he returned to Nepal for a break. Neupane had little knowledge of business, but he decided to stay and join the family-run business. Shiwaj, the son of Ambe Group founder Shovakar Hari Neupane, first started as a Manager in the factory …
HR professionals must have always a vision, be strategic thinkers, great communicators, tech-savvy, flexible, understand people’s values, evaluate the situation, and inspire others. Being a human resource (HR) professional, I find it extremely satisfying that firms in Nepal have started recognizing the value of human resources management (HRM). There are many young people considering joining …
