August 28, 2017- Deva Bikas Bank Ltd. has informed NEPSE on 2074-05-12 that the BOd meeting of the company held on 2074-05-11 has decided to propose 17.1% stock dividend

and 0.9% cash dividend (for tax purpose) to its shareholders subject to the approval of NRB and its upcoming AGM.

Similarly, NMB Capital Ltd. has informed NEPSE on 2074-05-12 that the BOD meeting of the company held on 2074-05-11 has decided to propose 21.0563% cash dividend (including tax) to the unit holders of NMB Sulav Investment Fund-1.

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
UPPER 9.8940 311.0 17,879,130.0
NHDL 5.0000 147.0 89,400.0
CBBL 3.9326 925.0 20,771,716.0
EDBL 3.7037 280.0 178,294.0
CFCL 3.6697 113.0 12,674.0
Symbol % Change Last Price Turnover
SEF -10.0000 9.0 18,695.0
SAEF -10.0000 9.0 6,587.0
JOSHI -9.6654 243.0 17,410.0
KEBL -4.7619 180.0 402,873.0
SADBL -3.8710 149.0 2,298,412.0
Symbol % Change Last Price Turnover
NBL 0.6873 293.0 25,427,476.0
CIT -2.3479 2,745.0 22,178,844.0
CBBL 3.9326 925.0 20,771,716.0
UPPER 9.8940 311.0 17,879,130.0
MBL 0.4808 209.0 17,290,711.0