Corporate News

Country’s forex reserves slump to 32-month low

Kathmandu, December 24- Nepal’s foreign exchange reserves have slumped to a 32-month low despite robust growth in remittance income and downward revision in foreign exchange facility for Nepalis visiting overseas, raising the spectre of the country facing a balance of payments crisis if the problem continues to grow.

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Doha Bank opens representative office in Nepal

Kathmandu, December 19 - Doha Bank, one of the largest commercial banks in Qatar, has opened its liaison office in Nepal as per the permission granted by the central bank about six months ago.

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Parliament body asks govt to solve problem of multiple taxation

KATHMANDU, Aug 15: Parliament’s Finance Committee on Tuesday issued directions to the government to take the lead in solving the chronic problem of multiple taxation by the three tiers of government, as well as the exorbitant hike in tax rates.

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Trade deficit surged five-fold in last decade

Kathmandu, August 5 - The country’s trade deficit jumped five folds in the last decade as imports have been skyrocketing and exports have slowed to a crawl in the review period.

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Symbol % Change Last Price Turnover
SMATA 3.5088 1,180.0 316,942.0
LICN 3.1555 1,798.0 106,830.0
NBBL 3.1507 753.0 258,187.0
NHPC 3.0303 68.0 397,700.0
CLBSL 2.9915 723.0 434,360.0
Symbol % Change Last Price Turnover
NIBSF1 -10.0000 9.0 686,280.0
KADBL -9.8266 156.0 904,356.0
NHDL -9.6552 131.0 12,250.0
UNL -7.7525 21,109.0 2,815,060.0
JSLBB -3.9324 2,614.0 1,205,541.0
Symbol % Change Last Price Turnover
UPPER -1.1407 260.0 54,768,950.0
MBL 0.0000 210.0 16,570,716.0
CIT 0.9467 2,559.0 16,098,001.0
NBL 0.0000 291.0 10,481,523.0
PRVU 0.8333 242.0 9,857,860.0