Central bank issues rules on digital payment system
Kathmandu, April 17 - Nepal Rastra Bank (NRB) has issued a circular to regulate digital payment under card facilities, electronic wallet and mobile banking.
WB maintains Nepal’s growth forecast at 4.6pc
Kathmandu, April 16 - The World Bank Group has kept the growth outlook for Nepal unchanged from its initial projection in September at 4.6 per cent, which is relatively low compared to South Asian average growth projection of 5.26 per cent in 2018.
18 firms await Sebon's nod to float shares worth Rs 4.33 billion
KATHMANDU, April 3: As many as 18 companies have sought the approval of the Securities Board of Nepal (Sebon) to float 54.71 million units of shares worth Rs 4.33 billion to general public.
Insurance board frets over lapse ratio
Kathmandu, March 31, The Insurance Board has expressed concerns about the lapse ratio of insurance policies sold by the life insurers in the country.
Banks asked to set up branches in all local bodies
Kathmandu, March 28 - Nepal Rastra Bank (NRB) has instructed the commercial banks to establish branches in every local unit where there is no bank branch, within this fiscal. Out of 753 local units, there are bank branches in only 394 local units till date.
FinMin calls on SAARC members to invest in Nepal
Kathmandu, March 18 - Minister for Finance Yubaraj Khatiwada today urged the private sector of SAARC member states to invest in Nepal and made a commitment that the government of Nepal will adopt all means possible to facilitate businesses in the country.
World Bank report calls for change in Nepal’s development model
KATHMANDU, March 14: The World Bank has made public its Nepal Systematic Country Diagnostic (SCD) report, recommending six areas where action is required to give an impetus to growth, to accelerate poverty reduction, to address sources of fragility, and to reduce vulnerability.
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Corporate News
High lending rates pose threat to productive sector
Kathmandu, May 1 - One-and-a-half years ago, Bhim Lal Poudel, the owner of Royal Shoe, rapidly expanded business operation, raising the factory’s staff strength by around 50 per cent to 225. A critical factor that encouraged Poudel to increase production of shoes was low interest rate on loans.
Read more ...Letter of Credit to be made mandatory for trade with India, China
KATHMANDU, April 18: Nepali traders will have to start using banking channel for making or receiving payments from traders in China and India very soon.
Read more ...Trade experts debate fourth industrial revolution
Kathmandu, April 3, As the world has been witnessing the fourth industrial revolution, which is largely related with artificial intelligence and the internet of things, this progress could bring transformative changes in the economic development of the least developed countries (LDCs) if they are able to access advanced technologies.
Read more ...Banks have three days to submit plan to reach all unbanked units
KATHMANDU, March 22: Nepal Rastra Bank (NRB) has told commercial banks to come up within three days commitment to open branch offices in 116 local units where they have become reluctant to expand their presence so far.
Read more ...| Symbol | % Change | Last Price | Turnover |
|---|---|---|---|
| MMFDB | 9.9682 | 2,769.0 | 2,128,159.0 |
| JSLBB | 6.9519 | 3,000.0 | 2,619,133.0 |
| HDL | 6.5071 | 1,424.0 | 1,539,790.0 |
| WOMI | 6.2250 | 1,860.0 | 15,646,153.0 |
| NBBL | 5.5074 | 2,433.0 | 1,412,436.0 |
Market Summary
| Total Turnover Rs | 222,051,797 |
| Total Traded Shares | 423,376 |
| Total Transactions | 2,598 |
| Total Scripts Traded | 158 |
National News
- Transition to federalism may cost 3-4% of GDP: WB
- Nation facing economic crisis ahead, says FM Khatiwada
- Nepal’s bid to remain among the poorest succeeds
- Local units liable for their expenditure
- WB approves $80m credit to support livestock development
- UN experts stress action on sustainable dev
- Breakthrough in Upper Tamakoshi hydro-electric project
International News
- Trump says deal for young immigrants is ‘NO MORE’
- Rejecting protectionism, ASEAN and Australia commit to free trade
- EU targets 20 nations for helping tax avoidance
- Rasuwagadhi-Kerung becomes int’l crossing point
- India’s central bank governor says state banks need more capital
- Debt, protectionism could drag down improving global economy
Corporate Announcement
Book Closure of Surya Life for Right Shares
Surya Life Insurance Company Ltd. has informed NEPSE on 2074-12-27 about the Book Closure notice for issuing Rights Share. Surya Life has announced 40% right share issuance.
Read more ...UNL’s CSR initiative
KATHMANDU: Every year, March 20 is celebrated as World Oral Heath Day on the initiation by World Dental Federation.
Read more ...Bonus shares of SCB and JBBL
Kathmandu, December 10 - As per the information from NEPSE, the Board of Directors of Standard Chartered Bank (SCB) has proposed 100% stock dividend and 5.26% cash dividend to its shareholders from its performance of fiscal year 2073-74.
Read more ...Everest Bank Dividend
KATHMANDU, Nov 18: Everest Bank Ltd has decided to issue 33 percent bonus shares. The bank's board of directors approved the issuance of bonus shares on Thursday.
Read more ...Dividend Announcerment of Himalayan Bank
KATHMANDU: Nov 01 - The meeting of the board of directors of Himalayan Bank Ltd (HBL) held on Tuesday has decided to provide 25 per cent bonus share and 1.3158 per cent cash dividend (for tax purpose) to its shareholders from the net profit it had earned in the fiscal year 2073-74, as per a press statement.
Read more ...Dividend of Nepal Investment Bank
Kathmandu,September 6 - As per the information from NEPSE, the Board of Directors of Nepal Investment Bank has proposed 15% stock dividend and 25% cash dividend to its shareholders from its performance of last fiscal year.
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