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 …
Embarking on an entrepreneurial journey is a path filled with uncertainties and challenges, and if it works out, also has the potential for great rewards. It is a pursuit that requires more than just a fleeting passion or a transient dream; it demands a firm resolve, a clear vision, and an unyielding commitment to bring …
Times are challenging for Nepali banks and financial institutions. The Macroeconomic headwinds are blowing strong as the country’s economy grapples with a deep recession. Mahalaxmi Bikas Bank Limited, a prominent national-level development bank in Nepal, Limited is braving the situation with prudent banking practices, and effective marketing and communication strategies. Basant Baksi, Head of Liability …
Mahalaxmi Bikas Bank is keenly attuned to the power of digital media Read More »
It has been six months since Anjan Shrestha was elected unopposed as the Senior Vice President at the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the apex body of the Nepali private sector. Shrestha, who is the Executive Director of Laxmi Group, got elected to the role at a time when Nepal’s economy …
A sharp slowdown in economic activities, slackened domestic demand, tighter monetary policy, and persistent global headwinds adversely affected Nepal’s economy in FY 2023. the HRM A fter a meager 1.9 percent growth in the last fiscal year, Nepal’s economy is set to rebound in the current fiscal year. The World Bank and the Asian Development …
Entrepreneurs play an essential role in the economic growth of any country. An entrepreneur’s successful business endeavor can help create thousands of other organizations and millions of jobs around the world. So, it is not an overstatement to say that entrepreneurship is the lifeblood of the economy. Today we think of entrepreneurship only as a …
Drawn by the appeal of intelligent and cost-effective mobility, Nepali consumers are increasingly choosing Chinese electric vehicle brands due to their affordability, ergonomic design, and advanced battery technology. the HRM I n the last week of September, Chaudhary Group (CG), which currently represents three Chinese electric vehicle (EV) brands including NETA Auto, concluded agreements with …
In today’s global business landscape, supply chain disruptions can arise from various quarters: geopolitical tensions, trade disputes, natural disasters, pandemics, or cyber threats, to name just a few. For small and medium-sized enterprises (SMEs) with limited resources, these disruptions can be particularly challenging. However, even with constraints, SMEs can build resilience into their supply chains …
The International Labor Organization (ILO) has been supporting Nepal in addressing the issues related to labor since the Himalayan country became its member in 1966. Over the course of 57 years, the United Nations agency has remained active in a wide range of areas that include advocacy of the rights of workers, labor welfare, empowerment …
Transforming informal labor market into a formal one is the biggest challenge for Nepal Read More »
Given the challenges related to the acquisition of lands for project development and bid price dilemmas, the MCC-Nepal Compact stands at a critical juncture in terms of balancing financial considerations and the imperative to ensure a successful and timely implementation. the HRM O ne month into the implementation phase of the Millennium Challenge Corporation (MCC) …
