nepal

My first job helped me grow as a professional

In his professional career as a non-life insurance executive, Yugesh Bhakta Bade Shrestha has seen the Nepali insurance business going through big changes. According to him, the current times are very different from when he started his career some 28 years ago. Shrestha is the CEO of IGI Prudential Insurance Ltd which recently started transactions …

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Digitalization and social media have opened new avenues for brands to connect with consumers

Times are hard for the Nepali advertising industry. Business is down sharply as advertisers have slashed their marketing expenses. Sudip Thapa, Group Managing Director of ANS.CO says that digital platforms have been helping advertisers and marketers to some extent in the current difficult business climate.  Thapa, who is the First Vice President of the Advertising …

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Nepal should diversify its economy to rely less on remittances and agriculture and attract FDI

The role of international financial agencies like the International Monetary Fund (IMF) has become crucial for Nepal which is facing a deeper economic downturn. The Washington DC-based agency has been supporting Nepal ever since the country became a member in 1961. Currently, IMF is actively supporting with assistance like the Extended Credit Facility (ECF), and …

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Enhanced learning and development opportunities have been a cornerstone of F1Soft’s people management practices

There are not many home-grown Nepali IT companies that can come close to F1Soft International in terms of growth and expansion. Established in 2004, F1Soft, the pioneering company in fintech in Nepal, is the biggest entity in the country working in several verticals including digital financial services, fintech, health tech, big data, and education. Piyush …

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Nepali market needs strong insurance companies

Surya Prasad Silwal assumed the role of Chairperson of the Nepal Insurance Authority (NIA) in February 2021, and his tenure has been marked by transformative policy changes in the insurance sector. Under his leadership, NIA’s strategic approach has been focused on sectoral consolidation for creating bigger and better entities. The regulator has increased paid-up capital …

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Nepal Strives for Bigger Gains in Access to Formal Financial Services

The expansion of BFIs, SACCOS, and insurance companies have helped to increase Nepalis’ access to formal financial services the HRM N epal has made significant strides in advancing financial inclusion, with 90 percent of the country’s adults using formal channels for financial transactions. According to a joint report by the International Finance Corporation (IFC) and …

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DishHome can target several areas for further business expansion

Since its inception in 2010, Dish Media Network Limited (DishHome) has set industry standards in the TV broadcast business in Nepal as the only DTH services provider. Over the last few years, the company has ventured into internet and IPTV services that have received a warm welcome from customers. Sanjay Rajbhandary, Deputy General Manager of …

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Govt has the key role to bring the crisis-prone economy back on track

Never before in the history of FNCCI, has new leadership in the apex body of the Nepali private sector been forced to face turbulence like in the present. With the country’s facing big external and internal macroeconomic headwinds, the newly elected executive committee of FNCCI headed by President Chandra Prasad Dhakal has a difficult road …

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