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Hospitals in the Philippines have been opening up its residency program to doctors from impoverished Nepal to address a shortage of Filipino physicians. Doctors from Nepal have been migrating to the Philippines for residency training in government hospitals. [2]
IMS Group was established in 1993 by entrepreneur Deepak Malhotra. He rose from petty trades to entrepreneurship in the late 1970s. [1] It has been the official distributor of Samsung mobile phones in Nepal since 2001. The network spans over 37 regional distributors and 1,300 retail outlets across 72 districts of Nepal. [2] [7]
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In 2011, the Canadian investment group OMERS acquired a majority stake in V.Group, which it retained up to 2016. [7] In December 2016, the Ontario municipal workers pension fund sold 51% of the shares of the V.Group to an investment company called Advent international, thus transferring its ownership. [2]
The preliminary projects focused on tissue culture, bio-fertilizer, research and capacity building in Nepal, Sri Lanka, India, Philippines and Indonesia. ANSAB realized that conservation and bioresources had great potential to address the livelihood needs of small farmers and, therefore, expanded its focus to include micro, small and medium ...
The company became Vaibhav Global Limited in 1994 and went public in 1996-97. VGL continued expanding its manufacturing and retail capabilities and in 2005-06 it acquired the STS Group of companies. [1] [5] During the recession of 2008-09, the purchasing power of US consumers dropped significantly and VGL had to rework its strategy.