How well is Nepal doing in financial inclusion?
Nepal has made notable strides in financial inclusion, although there is still room for further improvement, says the Nepal Financial Inclusion Report 2023, jointly produced …
Working procedure for startup funding out after an eight-year delay
With the objective to encourage innovative ideas and promote startups, the Nepal government has finally introduced Startup Enterprise Loan Fund Procedure 2079 last March end …
How DFIs are investing in Nepal?
The financing gap faced by Nepals MSMEs and infrastructure projects has put its economy in dire straits. Low investments bring lower growth in turn, increasing …
Company watch: Classic Tech posts revenue of Rs 875 million in the fiscal year 2021/22
In the fiercely competitive retail internet business, the Internet Service Provider Classic Tech has posted a revenue of Rs 875 million in the fiscal year …
An IMF team assesses Nepal’s economy for Extended Credit Facility (ECF) extension
In the second-half of February 2023, a team of International Monetary Fund (IMF) led by Jarkko Turunen, Deputy Division Chief and Deputy Mission Chief for …
“We choose significant and concentrated CSR projects instead of small, fragmented initiatives”
15 years of extensive experience in different fields of banking, and presently head of Corporate Affairs, Branding, and Marketing department at the Standard Chartered Bank, …
Social Security Fund Explained! - Part I
Imagine that around 83% of Nepalis dont have any old-age protection and cant afford increasing costs of health bills. When incidences of unemployment occur (remember …
The NRB should come up with a tighter monetary policy
The economic impacts of Covid-19 were so brutal, the Nepal Rastra Bank (NRB) had to adopt extra-loose monetary policies in the past two years in …
The government plans to create a forex hedge fund, again. What does it even mean?
In the investment world, hedging is the practice of reducing investment risk. It ensures that if one investment incurs potential loss, then there is another …
“We see cities as the arena to build the next era of civilization”
Arriving at a large commercial building in Teku, I climbed four long flights of stairs plastered with posters of Goddess Lakshmi to the workspace of …
Nepal has the Sri Lankan experience to learn from
In 2011, when Sri Lanka was at the peak of its economic and financial success, the notion the country might one day face its worst-ever …
How the pandemic affected Nepali MSMEs, and the outcomes of COVID-19 MSME Fund Nepal
THE SUDDEN ARRIVAL OF THE COVID PANDEMIC in 2020 dealt a heavy blow to Nepals economy. All kinds of businesses were affected in some ways. …
