Nepse ekes modest gain, insurance stocks advance

Published On: July 29, 2021 08:49 AM NPT By: Republica

KATHMANDU, July 29: The Nepal Stock Exchange (Nepse) index opened Wednesday’s trading firmly higher and traded above the 3,100 mark in the beginning trading hour. However, with selling pressure seen in hydropower stocks, the broader market witnessed a pullback. The benchmark traded briefly in red in the afternoon before a small recovery helped the index close with a gain of 15.30 points. Nepse ended Wednesday’s session at 3,094.95.

Vaccination to businesspersons demanded

Published On: July 29, 2021 08:08 AM NPT By: Republica

GANDAKI, July 29: Pokhara Chamber of Commerce and Industries has drawn the attention of Gandaki province government to prioritize anti-COVID vaccination to the businesspersons.

KATHMANDU, July 28: Nepal Telecommunication Authority (NTA) has endorsed a working guideline on the use of 5G mobile internet, paving the way for the service providers looking to carry out test operation of the advanced service in the segment.

KATHMANDU, July 28: Ambassador of the Republic of Korea to Nepal, Park Chong-suk, on Wednesday said that the Korean government will resume the process of taking Nepali workers who have passed the Korean language test and are looking to migrate to South Korea for jobs.

Nepse closes at record high of 3,094.94 points

Published On: July 28, 2021 04:25 PM NPT By: Republica

KATHMANDU, July 28: The Nepal Stock Exchange (Nepse) on Wednesday reached an all-time high index of 3,094.94 points.

KATHMANDU, July 28: The Kathmandu Metropolitan City (KMC) has issued a three days ultimatum to 23 big taxpayers, asking them to settle their taxes.

CNI gets new working committee members

Published On: July 28, 2021 01:22 PM NPT By: Republica

KATHMANDU, July 28: The Confederation of Nepalese Industries (CNI) has elected seven vice presidents.

Tourism entrepreneurs demand vaccination in Pokhara

Published On: July 28, 2021 08:29 AM NPT By: Republica

KATHMANDU, July 28: Tourism entrepreneurs have demanded 5,000 doses of vaccines for tourism workers and business people.

KATHMANDU, July 28: Nepal Rastra Bank (NRB) has increased the threshold for provisioning on loan loss to up to five percent on the credit provided by the banks and financial institutions (BFIs) targeted at the COVID-affected businesses.

Nepse ends higher after hydro sector rally

Published On: July 27, 2021 10:09 PM NPT By: Republica

KATHMANDU, July 27:  The Nepal Stock Exchange (Nepse) opened with a sharp dip with weakness seen in banking stocks. Nepse tanked close to 3,000 mark before a recovery pulled the index towards the opening level at mid-day. With sustained strength seen in energy stocks, the bourse continued to see a steady advance in the latter trading hours of Tuesday’s session. The benchmark ended with a gain of 29.23 points at 3,079.66.