September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21. This is the fifth edition of the business award, which New Business Age (NBA) Pvt Ltd has been organising since 2013.
During the awards ceremony, NBA handed over a total of 23 awards in ten different categories. Sipradi Trading had won the award of the Best Managed Company during the last edition of the award.
Meanwhile, Saakha Group’s founder, Ganesh Bhakta Saakha, has been conferred with the NewBiz Lifetime Achievement Award. Last year, Panchakanya Group’s founder Prem Bahadur Shrestha had received the same award.
Separate juries were formed to evaluate the works of business organisations from across the country and standout individuals to award them.
Addressing the awards ceremony, Chairman and Editor-in-Chief of New Business Age Madan Lamsal said that the programme was organised with the motive of encouraging commercial sector of the country as well as for its promotion and development. He also said that the awards ceremony will get continuity in the coming years.
Lamsal expressed his belief that this kind of awards ceremony would motivate the entrepreneurs to provide better service and make them more accountable. He further said new businesses are emerging in the country but the concerned authorities have not given proper attention in creating a favourable environment for the growth of this sector.
Winners of the NewBiz Business Conclave and Award 2018
Best Managed Company
Hotel Soaltee Corwne Plaza
Best Managed Commercial Bank
Nabil Bank
First Runner-up
Everest Bank
Second Runner-up
Nepal Investment Bank
Best Managed Development Bank
Kailash Bikash Bank
First Runner-up
Gandaki Bikas Bank
Second Runner-up
Muktinath Bikas Bank
Best Managed Finance Company
Pokhara Finance Company
First Runner-up
Shree Investment and Finance Company
Second Runner-up
Manjushree Finance
Best Managed Life Insurance Company
National Life Insurance Company
First Runner-up
Nepal Life Insurance Company
Second Runner-up
Life Insurance Corporation Nepal
Best Managed General Insurance Company
Neco Insurance Company
First Runner-up
Sikhar Insurance Company
Second Runner-up
Sagarmatha Insurance Company
Best Managed Construction Company
Sharma and Company
First Runner-up
Nepal Adarsha Nirman Company
Second Runner-up
Kalika Construction Company
Best Managed Start-up Company
Ficus Biotech Pvt Ltd
Special Recognition Start-up Company
Kayo Creative Studio
