After enduring a historic downturn during the Covid-19 pandemic, Nepal’s upscale hotels have experienced a robust recovery in their business. the HRM A fter facing severe challenges during the Covid-19 pandemic, hospitality enterprises have shown an impressive resurgence. The financial reports of the last fiscal year of six hotel and tourism companies listed on the …
Hotel Industry – Bouncing Back StronglyHotel Industry Read More »
For Hom Neupane, CEO of Nebico Group of Companies, his 23 years of career journey have been a rewarding and fulfilling one. He has worked in various roles and capacities in different organizations over the years and has a treasure trove of experience in the FMCG sector. Since 2008, he has been leading the pioneering …
My professional journey as a CEO has been enriched with profound lessons Read More »
Doing business has become tough for Nepali corporate groups lately primarily due to the economic downturn in the country. In this context, marketing professionals are faced with several difficulties in their areas of work. Similarly, there are other challenges for them stemming from changes in the preferences of consumers and digitization. Punam Singh is the …
It was in the 1950s when Sohan Lal Golyan started the business of textiles, spices, and electronic items laying the foundations of the present-day Golyan Group which has a diverse interest in areas including manufacturing, financial services, agriculture, hospitality, and construction, among others. Currently, over 5,000 people are working in different companies of the group. …
Golyan Group is highly invested in the development of employees Read More »
The Panchakanya Group has recently entered its 51st year of operation. The modest start initiated by Prem Bahadur Shrestha, the founder of the group, has evolved into Panchakanya Group, a prominent industrial conglomerate in the nation. The group, which has its focus on the production and business of construction materials and equipment, has three generations …
Panchakanya Group always aspire to be a trailblazer in the sectors it ventures into Read More »
The surge in software development and digital services through offshore outsourcing may be considered one of the most under-the-radar developments to have occurred in the country in recent times. Nepal’s exports of IT services in 2022 amounted to USD 515.4 million, making it the country’s top exportable product. the HRM On July 17, the Ministry …
Nepal’s Export of IT Services : Making Big Strides Read More »
A spillage of 200 MW of electricity isn’t a big problem. But next year, 1,000 MW of electricity will be added to the national grid. The important question is how the government plans to use all this power. Hydropower is one of the sectors that can reduce Nepal’s trade deficit by increasing power trade with …
Despite the increase in profits, the capacity of commercial banks to distribute substantial dividends has diminished due to a 26 percent drop in distributable profit. the HRM When the commercial banks released their third-quarter report in mid-April of this year, there was an anticipation that non-performing loans (NPLs) would experience further growth and that net …
Fourth Quarter Reports of Commercial Banks – Diminishing Returns Read More »
Revenue is an important focus in any for-profit organization, or for professionals engaged in a profit making venture. Ludwig von Mises, the economist, once said, “The masses, in their capacity as consumers, ultimately determine everybody’s revenues and wealth.” Ludwig’s words are full of wisdom, in fact layers of wisdom captured in one line; anchored around …
Logistics clusters play a vital role in supporting regional and global trade by facilitating the movement of goods across supply chains. Basically, logistics clusters are a group of logistics companies and institutions that work together to enhance the efficiency of the supply chain. However, landlocked countries with mountainous terrains like Nepal have specific characteristics that …
