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Addressing the Problems of Brain Drain and Lack of L&D

The human capital crisis has been exacerbated by a chain of challenges, including the exodus of youths from the country, far too inadequate private sector and government funding for L&D, and a lack of collaboration between colleges and the corporate sector to produce job-ready graduates. the HRM With a population of just under 30 million, …

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Marginal Growth in Capacity Utilization of Industries

According to NRB’s Economic Activities Report 2021/22, the average capacity utilization of industry nationwide in the last fiscal year was 52.8 percent, up from 52.2 percent in FY 2020/21. the HRM The protracted liquidity crisis, interest rate volatility, and rise in raw material costs have hit the country’s industrial output in the last fiscal year. …

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Economic Slowdown and Rising Cost of Funds Take a Toll on Banks’ Financial Performance

As non-performing loans (NPLs) surge, commercial banks’ profit decline in the first half of FY 2022/23 the HRM The Nepali banking sector is currently going through a critical period with consolidation on one hand, and rising non-performing loans (NPLs) coupled with falling profits on the other hand. Three mergers and one acquisition over the last …

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On the Brink – Automobile Market Facing Big Economic Headwinds

The import ban, according to NADA, has resulted in the closure of 58 dealers across the country, resulting in over 1,000 job losses, with many in the process to shut down the doors of their businesses. the HRM The once booming Nepali automobile sector is facing an existential crisis as the NADA Automobiles Association of …

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Nepal’s Fourth-largest Industry by Employment, is Trying to Come Back from the Brink

With the government resuming on-arrival visas and abolishing the seven-day quarantine requirement to all vaccinated foreign travelers, the Nepali tourism sector is now all set to welcome visitors in the new tourist season the HRM When the Covid-19 pandemic hit Nepal in early 2020, the country had already started celebrating Visit Nepal (VN) 2020. The …

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