Author: Himalaya Post

Kathmandu – Catch Spices, one of the popular brands of Dharampal Satyapal Group (DS Group), a leading FMCG conglomerate and a multi-business corporation, announced its strategic plans to strengthen its presence across Retail and the HoReCa (Hotels, Restaurants, and Catering) segment in Nepal. The announcement was made at the 11th edition of GAI Food & Beverage and Hospitality 2026, where the brand is participating as the Diamond Sponsor from 22nd – 25th April 2026, at Bhrikutimandap, Kathmandu. This move marks the next phase of growth for Catch Spices in Nepal. It is focused on expanding distribution reach, deepening market...

Kathmandu – Changan Group has announced a sweeping new growth strategy that aims to put it among the world’s top ten car companies and reach RMB 600 billion in revenue by 2030. The plan, called the “1+4+4+5” framework, was unveiled at the company’s Global Strategy Launch and Global Partner Conference in Chongqing on April 21, 2026, in front of around 700 guests from across the industry. At the heart of the strategy is one clear goal: to build a world-class automaker with strong technology developed in-house. To get there, Changan will focus on four main business areas, vehicles, components,...

Kathmandu – ICRA Nepal Limited has upgraded the credit ratings of MAW Hire Purchase Private Limited (MHPL), reflecting improved financial performance and stronger asset quality. The company’s long-term loan rating has been raised to LBBB- from LBB+, while its short-term rating has improved to A3 from A4+. The rating action highlights MHPL’s steady progress in strengthening its overall credit profile. The company has shown notable improvement in asset quality, supported by better recovery mechanisms and the use of technology-driven controls, particularly in its growing mobile phone financing segment. MHPL continues to maintain healthy profitability levels. Its net interest margins...

Kathmandu- The Industrial Enterprise Development Institute (IEDI), Government of Nepal, has selected ICT Foundation Nepal (IFN) to implement the Business Incubation Service (BIS) Operation and Management Program. Under this initiative, IFN will run the Digital and IT-enabled Startup Incubation Program to support more than 50 early-stage startups based in Kathmandu Valley (Bagmati Province) and Itahari (Koshi Province). The program, which will run from March to June 2026, will be conducted in a hybrid model. Participating startups will receive one-to-one mentorship from experts, capacity building, business development and validation support, and investor readiness preparation. According to the organizers, this incubation...