The existing bilateral agreement has become outdated and is no longer suitable for the current situation, particularly as Nepal faces a substantial trade deficit with China. Nepal and China have reached a consensus to revise the bilateral trade agreement 42 years after the pact became operational in 1981. During Prime Minister Pushpa Kamal Dahal’s recent …
The last couple of years have seen the Rastriya Banijya Bank Limited (RBBL) rising among the ranks of top commercial banks in Nepal. In the past decade, RBBL, which is wholly owned by the government, posted high income and profit growth in a show of remarkable turnaround from the 1990s and 2000s when the bank …
Banks now need to shift their focus to project-based financing Read More »
In the fiscal year 2022/23, the sum of money spent for overseas education increased substantially by 48.3 percent. Nepalis remitted Rs 100.42 billion from the country to cover the educational expenses of their children. In 2022, approximately 2,000 doctors sought authorization from the Nepal Medical Council to work abroad. This marks a significant increase compared …
The Exodus – Counting the Cost of Mass MigrationThe Exodus – Read More »
The flagship event provided invaluable insights, inspiration, and recognition to the sales and marketing professionals who continue to drive the growth and success of businesses in Nepal. the HRM Bringing together the best minds in the corporate world and academia, Growth Leadership Academy organized the seventh edition of its annual event Sales Summit 2023 on …
For a sustainable banking practice, the environmental, social, and governance perspectives have attracted special consideration amongst the banking industry around the world. One of the most challenging behaviors of nature is the sustainability of anything, living or nonliving. It means nothing lasts forever. According to the laws of Physics, mass can neither be created nor …
A study conducted by CNI has found that only 18 percent of the announcements made in the federal budget have been fully implemented by the government agencies in the last fiscal year while there was zero progress in 22 economic sector programs. the HRM Before the finance minister unveils the annual budget, it has become …
Budget Announcement and Implementation – The Great Disconnect Read More »
As a myriad of factors deter foreign investors from engaging with Nepal, the net foreign direct investment (FDI) in the country reached a nine-year low in the last fiscal year. the HRM Infraco Asia, a Singapore-based company, has divested its holdings in Gurans Energy Limited, a joint venture company based in Nepal. While divestment of …
Bureaucratic Red Tape Continues to Mar Nepal’s FDI Regime Read More »
While Nepali talent is undoubtedly abundant, motivating and providing a conducive environment for Nepali youths is vital. The IT industry in Nepal is on the rise, with promising growth opportunities, but it still faces several challenges. One significant avenue for revenue generation is through exports of services, which clearly indicates that the sector has tremendous …
Traditional academic knowledge alone is no longer sufficient to prepare students for the challenges and opportunities that lie ahead. Looking back at my school days, I remember my days revolved around textbooks, memorization, and endless exams. While I did well academically, I couldn’t help but feel there was something missing in the pursuit of education. …
Empowering Nepali Students through Skill-based Education Read More »
With interest spread regulation and base rate mechanism in place, there is no incentive for BFIs to have lower cost of deposits, as the cost reduction is automatically passed on to borrowers and does not result in improved margins for BFIs. Bank interest rates have become a topic of big debate in Nepal in recent …
