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KATHMANDU, May 27: Fifteen public enterprises including the Nepal Airlines Corporation (NAC) have been operating at a loss for a couple of years or more. ....
Focused COVID-19 Media Monitoring, Nepal (December 27, 2023) [EN/NE] - Nepal reliefweb.int - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reliefweb.int Daily Mail and Mail on Sunday newspapers.
Despite substantial government support in the form of loans, subsidies, and extensive investments, the financial health of Public Enterprises remains precarious. Over the last five years, loss-making public enterprises have witnessed an astonishing 6361.5% increase in losses reaching Rs 41.48 billion in 2021/22, while profit-making companies have experienced a 2.4% decrease in profits even as their numbers expand reaching Rs 43 billion in the same year. ....
Focused COVID-19 Media Monitoring, Nepal (November 3, 2023) [EN/NE] - Nepal reliefweb.int - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reliefweb.int Daily Mail and Mail on Sunday newspapers.
The establishment of public enterprises, both on a global scale and within the unique context of Nepal, has been a pivotal chapter in the annals of economic development. In the post-World War II era, a surge of state-owned enterprises (SOEs) emerged worldwide, driven by a myriad of motivations and expectations to address market failure. ....