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.
Sebon asks CDSCL to defer C-ASBA implementation for a month
KATHMANDU, Jan 25: Securities Board of Nepal (Sebon) has instructed CDS and Clearing Ltd to defer the implementation of Centralized Application for ASBA-based Issuance (C-ASBA) by a month.
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Corporate News
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.
Read more ...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.
Read more ...Commercial banks yet to reach 122 local units
KATHMANDU, July 29: According to the latest data of the Nepal Rastra Bank (NRB), commercial banks have opened their branch offices in 631 local units so far, leaving 122 local units without their coverage.
Read more ...Currency war can end global US dollar dominance & those who own gold have power
MOSCOW, June 24: The world is facing a currency war and the only hedge against the crash of the US dollar is real gold, a precious metal analyst has told RT. With geopolitical power shifting from West to East, US dominance may be ending.
Read more ...| Symbol | % Change | Last Price | Turnover |
|---|---|---|---|
| NEF | 12.5000 | 9.0 | 18,723.0 |
| NMBHF1 | 11.1111 | 10.0 | 34,721.0 |
| BNT | 8.0961 | 6,075.0 | 12,089,050.0 |
| UNL | 6.1122 | 23,975.0 | 705,250.0 |
| CORBL | 6.0000 | 106.0 | 330,150.0 |
Market Summary
| Total Turnover Rs | 459,686,112 |
| Total Traded Shares | 1,375,602 |
| Total Transactions | 6,515 |
| Total Scripts Traded | 166 |
National News
- Govt keen to buy 935,000 tonnes of fertilisers from India
- 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
International News
- Trade war impact: 25% hike on China's imports to US can make Indian products competitive, says CII
- 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
Corporate Announcement
Unilever launches new laundry soap
KATHMANDU, Aug 7: Unilever Nepal Limited has launched a new laundry soap named 'Wheel 2 in 1' in the Nepali market.
Read more ...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.
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