November 12, Kathmandu- The meeting of Board of Directors of Surya Life Insurance held in November 10, 2020 has approved and recommended to distribute 5% bonus and 5.526% cash dividend to the shareholders for the Fiscal Year 2075/76.

The decision of the Board of Director is subject to approval of Beema Samitee and Annual General Meeting of the company.

Corporate News

India makes exemption for Nepal, allows some refined palmolein imports

February 12, 2020- India, which restricted imports of refined palm oil and palmolein in January, has exempted Nepal and has started issuing licences to import some refined palmolein from the Himalayan nation, two government officials told Reuters.

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HIDCL, Power China to build 762MW Tamor reservoir project

Kathmandu, September 16- The Hydroelectricity Investment and Development Company Ltd (HIDCL) and state-owned Power China Corporation have jointly submitted a project development proposal at the Investment Board Nepal (IBN) to build the 762-megawatt Tamor reservoir project, which will cover Panchthar, Taplejung, Terhathum and Sankhuwasabha districts.

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Security audit of BFIs compulsory

Kathmandu, September 10- Nepal Rastra Bank (NRB) has made it mandatory for banks and financial institutions (BFIs) to conduct an audit of their information and technology (IT) system.

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Age limit set for CEOs, directors at BFIs

KATHMANDU: Nepal Rastra Bank has set an age bar for board of directors and chief executive officers of banks and financial institutions (BFIS).

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Symbol % Change Last Price Turnover
KKHC 10.0000 165.0 12,729,234.0
JSLBB 9.9972 3,972.0 17,966,591.0
MLBSL 9.9934 5,030.0 64,582,500.0
SMATA 9.9248 731.0 35,951.0
RURU 9.9119 499.0 148,800.0
Symbol % Change Last Price Turnover
BBC -9.9973 6,716.0 61,565,897.0
SHEL -9.0737 481.0 46,234,923.0
NGPL -8.5714 288.0 71,590,817.0
SPDL -4.6440 308.0 100,307,124.0
KPCL -4.2424 316.0 9,794,291.0
Symbol % Change Last Price Turnover
HIDCL 7.8029 525.0 467,434,929.0
NCCB 3.0303 374.0 429,459,703.0
LBL 9.4915 323.0 264,521,458.0
API -2.1798 359.0 156,728,311.0
NIFRA -1.4815 532.0 150,756,153.0