It was on July 23, 2015, when Dr. Chiranjivi Nepal was presenting the monetary policy for the fiscal year 2015/16 at Hotel Radisson, Kathmandu. It was his first monetary policy speech as the Governor of the Nepal Rastra Bank. Along with other stakeholders, (we), bankers were also listening to him attentively. During the speech, when …
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 …
the HRM Nepal recorded cement exports totaling Rs 779.3 million in the fiscal year 2022/23. Notably, within the initial three months of the current fiscal year, cement exports amounted to Rs 853,071 million, surpassing the total exports to India in the previous fiscal year. This substantial achievement is noteworthy for Nepal, a country with limited …
Nepal’s Cement ExportStrong Growth Potential Amid Challenges Read More »
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 »
Since its inception in 2004, COTIVITI Nepal Pvt. Ltd. (formerly Verscend Technologies Pvt. Ltd.) has been among the top IT companies in the country. The firm is one of the offshore development centers of the US-based healthcare analytics company COTIVITI, Inc., and is regarded for its people management practices. Sanjeev Shrestha is the Director of …
At COTIVITI Nepal, we prioritize the well-being and growth of our employees 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 …
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 »
