Ever since its inception in 1992, Unilever Nepal has been one of the major FMCG companies in Nepal. In the last three decades of its presence, the multinational firm has earned a name not only known for its business practices but also for people management practices. In the Nepali corporate world, the company is credited …
It’s been 10 months since Sunil Paudel was appointed as the Managing Director of Nepal Telecom. Before joining the government-owned telecommunications services provider, he was Executive Director at National Information Technology Center for almost four years. Paudel, who has an M.Sc in Global IT Technology Program from the Korean Advanced Institute of Science and Technology …
We are trying to overcome the profit drop by expanding our prioritized services Read More »
As more than a dozen businessmen get ready to take roles as parliamentarians, questions have been raised about whether they could misuse their presence to influence laws and policies in their favor. the HRM After serving two terms as a parliamentarian under the proportional representation (PR) category, Binod Chaudhary, Nepal’s only Forbes billionaire realized his …
Bizmen in Parliament
Preventing the Conflict of Interest Read More »
As the inauguration date is approaching, problems are mounting, and officials doubt the airport would remain in-operational even after January 1. the HRM The government has targeted to inaugurate the Pokhara International Airport, the third international airport of Nepal, on January 1. But the target seems unachievable, given how much has been done to completely …
PRIA Inauguration
Problems Surround the Newly-built Airport in Pokhara Read More »
The government has lifted the ban on the import of vehicles starting from Poush after suffering an estimated revenue loss of Rs 25 billion, but this announcement has failed to end the dissatisfaction of automobile dealers who see business not getting back on track due to tighter monetary and arrangement of the central bank. the …
Government Lifts Import Ban
Will This Lease a New Life to the Automobile Sector? Read More »
Dr. Mahato Elected Chairperson of Machhapuchhre Bank Dr. Upendra Mahato has been nominated as the Chairperson of Machhapuchhre Bank. He is the founding chairman of the Non-Resident Nepali Association (NRNA). The 472nd meeting of the bank’s board of directors held on November 28 decided to elect Dr. Mahato to the post after Birendra Mahato resigned …
What will it take for the new government to fix the economy? the HRM The first quarterly review of the Monetary Policy of the current fiscal year was keenly followed by many in the business community. Hard hit by the prolonged liquidity crunch, rising interest rates, import ban on various items, and with most types …
Like other industries, the dark clouds of economic uncertainty have also shrouded the Nepali liquor and beer industry. The recent festive season also failed to bring the much-needed boost in demand for alcoholic beverages that producers have hoped for. Raj Bahadur Shah, Managing Director of Jawalakhel Group of Industries (JGI), estimates that the liquor and …
We need to tighten our belts and be ready for the rough ride ahead Read More »
HR must have a valid reason for terminating the employee and the decision-maker from the top management team must be aware of the situation. Termination is ending the contract between an employer and an employee from the employer’s side having a valid reason. There could be voluntary or involuntary termination as well in different cases. …
What matters in business, is business! And business is all about performing as on organization, in the marketplace. Performing in the marketplace can be understood at two levels: 1. Effectiveness as an organisational machinery: which means success of every single function in the organisation and at all levels of the organisation 2. Effectiveness as an …
Six Focus Areas to Ensure Business Mindset and
Leadership Readiness Read More »
