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Nepali Private Sector – Driving the Economy Amid ChallengesNepali Private Sector –

Report / 38 Comments

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 …

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Addressing the Brain Drain – Retaining Skilled Professionals in Manufacturing Sector

Opinion / 17 Comments

Human resources are given the highest priority among all resources in the manufacturing world even before financial resources. It is because people are the primary resources for any manufacturing establishment. Since the beginning of the era of industrialization, human capital has been considered a crucial and valuable asset in all industries, including manufacturing. In today’s …

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My first job helped me grow as a professional

My First Job / 19 Comments

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 …

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Digitalization and social media have opened new avenues for brands to connect with consumers

Interview / 132 Comments

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 …

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Nepal should diversify its economy to rely less on remittances and agriculture and attract FDI

Interview / 13 Comments

The role of international financial agencies like the International Monetary Fund (IMF) has become crucial for Nepal which is facing a deeper economic downturn. The Washington DC-based agency has been supporting Nepal ever since the country became a member in 1961. Currently, IMF is actively supporting with assistance like the Extended Credit Facility (ECF), and …

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Enhanced learning and development opportunities have been a cornerstone of F1Soft’s people management practices

Managing People / 80 Comments

There are not many home-grown Nepali IT companies that can come close to F1Soft International in terms of growth and expansion. Established in 2004, F1Soft, the pioneering company in fintech in Nepal, is the biggest entity in the country working in several verticals including digital financial services, fintech, health tech, big data, and education. Piyush …

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Nepali market needs strong insurance companies

CEO Speak / 4 Comments

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 …

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Nepal Strives for Bigger Gains in Access to Formal Financial Services

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The expansion of BFIs, SACCOS, and insurance companies have helped to increase Nepalis’ access to formal financial services the HRM N epal has made significant strides in advancing financial inclusion, with 90 percent of the country’s adults using formal channels for financial transactions. According to a joint report by the International Finance Corporation (IFC) and …

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DishHome can target several areas for further business expansion

Interview / Leave a Comment

Since its inception in 2010, Dish Media Network Limited (DishHome) has set industry standards in the TV broadcast business in Nepal as the only DTH services provider. Over the last few years, the company has ventured into internet and IPTV services that have received a warm welcome from customers. Sanjay Rajbhandary, Deputy General Manager of …

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