KATHMANDU, June 5: Representative bodies of private sector have surprisingly refrained from making critical comment on the budget even though it lacks any specific program to drive the growth of private sector and boost investments.
KATHMANDU, Nov 27: Investors gathered at Nepal Stock Exchange (Nepse) premise to protest against what they call the stock exchange company's reluctance to fix technical glitches in recently launched automated online trading system went rowdy on Sunday to manhandle a stock analyst.
I think investors in this country should at least have a five-year plan instead of a five-month plan. Many folks invest in something and want a return on their investment from the next month. Any venture needs time to grow and my successful failures have taught me that you need to give at least two to three years before your venture begins to give you back some money.
CALIFORNIA, July 27: Facebook chairman and CEO Mark Zuckerberg is having a very bad day. On Thursday, he lost $17 billion of his fortune, Facebook shares dipped almost 20 percent, and now, some shareholders want his influence on the company reduced.
WASHINGTON DC, July 24: Sagoon, a social commerce platform founded by Nepali immigrants in the United States has opened mini IPO investment until July 26. The company has decided to provide bonus shares to its investors as well.
Chinese company Chongquin Machinary & Electronics Holding (Group) Co Ltd (CME) has partnered with People’s Energy Ltd (PEL) to construct the Khimti-2 Hydroelectricity Power Plant in Nepal. The 48.8 megawatt project of US$ 88 million is to be constructed in the Khimti River situated in the bordering areas of Dolakha and Ramechhap districts. The two companies signed a contract for this purpose on Friday.
KATHMANDU, July 13: The Nepal Stock Exchange (Nepse) index maintained a slightly positive bias during morning trading session on Thursday. However, stocks came under pressure mid-day and continued to decline throughout the remaining sessions. At the close, the index stood at 1,191.98 points -- a drop of 13.66 points, or 1.13 percent, compared to Wednesday.
KATHMANDU: Nepal Stock Exchange (Nepse) index rallied on Thursday – the last trading day of the week, recouping all the losses of the past two weeks. The benchmark index closed at 1242.41 points, posting a gain of 36.01 points compared to Wednesday.
KATHMANDU, July 4: CDS and Clearing Ltd (CDSCL) has cautioned investors against downloading or using a mobile application named ‘Mero Share’ developed by the little-known developer Little d Business.
Mero Share is a service provided by the CDSCL through which investors can see their transactions details in their demat account online.
KATHMANDU, July 3: With stocks on the downward path in recent months, attraction among follow-on public offering (FPO) among investors has also waned. Three recent FPOs have received lukewarm response from the public.
KATHMANDU, June 9: This week, Nepal Stock Exchange (Nepse) index dropped sharply as the investors remained distressed by the implementation of new capital gain calculation method enforced by the Inland Revenue Department (IRD) on Sunday. According to the new rule, capital gain on bonus and right shares had to be calculated with the face value as base rate. The provision has made the investors liable for more taxes; and in some cases, taxes had to be levied even when transactions were settled in loss.
KATHMANDU, June 7: Trading resumed in Nepal Stock Exchange (Nepse) in the second half Wednesday's trading session after investors withdrew their protest against the new capital gains tax (CGT) calculation method enforced by the Inland Revenue Department (IRD).
KATHMANDU, May 31: The stock market witnessed a volatile trading session on Wednesday as the benchmark Nepal Stock Exchange (Nepse) index swung between gains and losses to end the day on a negative note. The index lost 4.94 points to close at 1,322.27 with a turnover of Rs. 439 million.
KATHMANDU, May 17: With the signs of improvement in industrial environment of the country, the attraction to set up new industries in Special Economic Zone (SEZ) in Bhairahawa is growing in recent months. Smooth supply of electricity, incentives and facilities offered by the government, and stable political environment have encouraged businesspeople to open industrial enterprises in SEZ.
KATHMANDU, Jan 27: President Bidya Devi Bhandari has stressed the need for developing infrastructures to promote economic development. Harnessing hydropower was an infrastructure development and also constitutes a base for prosperity, she added.
KATHMANDU, Dec 31: Record economic growth of 7.5 percent, end of load-shedding, and successful conduction of three elections have been some of the key achievements for the country’s economic sector in 2017.
KATHMANDU, Dec 18: The committee formed to sketch a draft of an estimated cost for constructing Budhi Gandaki Hydro Project has submitted a report with possible domestic investors to the government on Monday.
KATHMANDU, Nov 17: CDS and Clearing Ltd has given a 35-day to stock investors to close their multiple demat accounts. Issuing a statement on Thursday, CDSCL -- the company that provides centralized depository, clearing and settlement services, has asked the investors to close their multiple demat accounts within 35 days.
KATHMANDU, Oct 17: Nepal Stock Exchange (Nepse) benchmark index jumped 46.59 points on Monday to close at 1,564.87 points. The stock market rebounded on the second trading day of the week by double-digit following a long slump after Dashain festival.
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KATHMANDU, Sept 12: Nepal Stock Exchange (Nepse) benchmark index fell 21.06 points, or 1.38 percent, to close at 1,502.2 points, wiping out a market value of Rs 20.97 billion, on Tuesday. The total market capitalization went down.
KATHMANDU, Sept 7: After tightening lending toward stock market for nearly six months, bank and financial institutions (BFIs) are now resuming margin lending to lure the stock market investors. Some BFIs have even published notice to attract investors for share loans with schemes.
KATMANDU, September 5: Nepal Stock Exchange (Nepse) index shed 25.47 points, or 1.61 percent, to close at 1,554.56 points on Monday, as the capital market regulator's announcement to make personal account number (PAN) compulsory for investors from next year left investors panicked.
NEW DELHI, August 24: Prime Minister Sher Bahadur Deuba has called upon both business communities from Nepal and India to work together to advance common goal of greater prosperity by building on the strong social ties and heritage that we share.
KATHMANDU, Aug 11: Nepal Stock Exchange (Nepse) benchmark index fell 11.52 points this week to close at 1,653.53 points on Thursday -- the last trading day of the week.
The stock market, which was posting gains till last week following a long slump, again took a dive this week. Analysts say that the correction was mainly due to profit booking mentality of investors.
KATHMANDU, July 28 : The Nepal Stock Exchange (Nepse) index jumped up by 10.97 points to close at 1,646.53 points on Thursday -- the last trading day of the week.
The benchmark index has been logging gains since the beginning of the Fiscal Year 2017/18. Last week, Nepse had gone up by 52.18 points.