Logistics clusters play a vital role in supporting regional and global trade by facilitating the movement of goods across supply chains. Basically, logistics clusters are a group of logistics companies and institutions that work together to enhance the efficiency of the supply chain. However, landlocked countries with mountainous terrains like Nepal have specific characteristics that …
Keshav Nepal is a renowned name in the Nepali internet service business. He is the CEO of WorldLink Communications Limited and has over two decades of experience in the internet sector. From starting as a school teacher to leading one of the biggest internet companies in the country, Nepal has come a long way in …
I realized that skill was secondary to sincerity and hard work Read More »
Thanks to the progress made in a special branch of AI called “Generative AI”, people from other professions and industries are recounting similar stories. Even after spending 10 years in building tools for the Artificial Intelligence (AI) industry, I was blown away when I first tried the ChatGPT last November. The chatbot was way more …
A Sunrise Sector in the Making Last year was a milestone for the EV dealers in Nepal after securing a staggering 50 percent share of passenger vehicle sales indicating that EVs are becoming the mainstay in the domestic automobile business. the HRM Over the past two years, the Nepali electric vehicle (EV) market has witnessed …
According to the World Bank’s “Nepal Fiscal Federalism Update”, the intergovernmental fiscal transfer (IGFT) mechanisms need to be revised to make the systems more effective the HRM Fiscal federalism, which began in Nepal in the fiscal year 2018/19, has entered the sixth year with the provincial governments presenting their sixth budget in the second week …
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 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 …
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 …
