After the government brought the federal budget for the new fiscal year to the dismay of the private sector, all eyes are now on the central bank which is in the process of finalizing the monetary policy for FY 2023/24. Business community members are expecting policy relaxations that they stress have become vital to take …
The confidence in startups has increased due to the remarkable success stories of companies like Hamrobazar, Foodmandu, Sastodeal, Hamro Patro, eSewa, Fonepay, and Khatli, among others. The notable evolution of the startup ecosystem in Nepal is just one decade old. However, within a decade, the Nepali startup movement has democratized entrepreneurship, as access to capital, …
The New Era of Business Innovation From hiring taxis and motorbikes for rides, many Nepal are now acclimatized to the convenience offered by ride-sharing applications. The introduction of Tootle and now Pathao has completely changed the way people hire rides in cities. The urban populace of Nepal increasingly prefers digital payments over cash payments. Thanks …
Every day, 600 students are applying for NOC (No Objection Certificate) at the Ministry of Education the HRM This year, Tribhuvan University was forced to conduct the Central Management Admission Test (CMAT) twice as the number of students appearing for the admission test for the Master of Business Studies (MBS) was insufficient. The number of …
Nepali Universities ReelUnder Falling StudentEnrollment Read More »
The private sector’s participation in environmental causes has risen in last few years the HRM At a time when the consequences of global climate change have become more serious with each passing day, the relevance of June 5 as the World Environment Day to spread awareness for conserving the environment has increased further. In Nepal, …
Mahat Attempts to Maintain Fiscal Discipline the HRM Even before Finance Minister DrPrakash Sharan Mahat presented the federal budget for the upcoming fiscal year 2023/24, it was clear that the new budget would be smaller in size than that of the last fiscal year. The only question was, smaller by how much? Prior to the …
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 …
Nepali Private Sector – Driving the Economy Amid ChallengesNepali Private Sector – Read More »
The fintech market has experienced significant growth and progress from both consumer and innovation perspectives Fintech in Nepal has come a long way with significant advancements occurring over the past two decades. Around 20 years ago, companies like SCT and F1Soft stood at the forefront, primarily associated with the payment industry. However, fintech as a …
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 …
Addressing the Brain Drain – Retaining Skilled Professionals in Manufacturing Sector Read More »
Leaders should create an environment and culture where everybody, irrespective of hierarchy, feels safe to discuss and criticize each other’s ideas The context -“The reasons of people who want to work in an organization where ‘innovation’ is part of the desired employee behavior and organizational culture and factors playing a role for innovative cultures they …
