While investment summits are important, such events alone cannot guarantee foreign investments. In the past six years, Nepal has hosted two investment summits— one in 2017 and the other in 2019. The summits were aimed at making concerted efforts to present Nepal as a lucrative investment destination in South Asia in a bid to get …
Ensuring the Meaningfulness of Investment Summit Read More »
As the government prepares to host the third Nepal Investment Summit in 2024, it has overcome heaps of challenges to ensure that the event will be a meaningful one. the HRM Five years after hosting the second Nepal Investment Summit (NIS), the government is once again preparing to extend an invitation to the global investor …
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 »
the HRM On November 6, Sunil KC, the President of the Nepal Bankers Association (NBA), said that the non-performing loans (NPLs) of Nepali commercial banks remain within manageable limits. Despite the alarming 92 percent surge in NPLs reported in the first quarter of FY 2023/24 by commercial banks, the NBA, which serves as the umbrella …
Performance of Commercial Banks in Q1Of declining profit and rising NPL Read More »
AI can create credible-sounding facts but may also produce false data and incorrect information. ChatGPT is a natural language processing chatbot that utilizes artificial intelligence (AI) technology, enabling users to engage in human-like conversations. The acronym GPT stands for ‘generative pre-trained transformer’ and was developed by OpenAI. This nonprofit organization also created Dall-E-2, an AI …
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 …
