April 28, 2024 13:27 pm
KATHMANDU, April 28: The third Investment Summit commenced in Kathmandu with Finance Minister Barshman Pun emphasizing Nepal’s potential as a premier destination for international investment.
April 21, 2024 15:57 pm
KATHMANDU, April 21: Prime Minister Pushpa Kamal Dahal has announced that more than a dozen laws are set for amendments through ordinances.
February 5, 2024 07:36 am
Despite lowering their interest rates, banks are unable to increase their lending due to low demand for loans amid low business confidence triggered by the ongoing economic slowdown. Bankers have said that the demand for loans has not increased as expected. They have attributed this to the low confidence in the business sector and the problems of cash flow that banks are facing as a result of their non-performing assets.
December 12, 2023 11:00 am
KATHMANDU, Dec 12: Finance Minister Dr Prakash Sharan Mahat has said there are many reasons for investors to invest in different sectors of Nepal.
November 1, 2023 20:20 pm
KATHMANDU, Nov 1: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has urged the private sector and the development partners to invest in the infrastructure development of Nepal.
May 18, 2023 10:30 am
KATHMANDU, May 18: Investors have requested not to delay the licensing of the new stock exchange.
April 16, 2023 08:35 am
KATHMANDU, April 16: Investors lost Rs 613 billion last year due to a heavy fall in the prices of shares of listed companies at the Nepal Stock Exchange (Nepse).
March 17, 2023 08:31 am
ZURICH, March 17: Credit Suisse rallied on the stock market Thursday after grabbing a $54 billion central bank lifeline in a bid to restore investor confidence but analysts remain wary about the major lender's future.
June 20, 2022 05:39 am
KATHMANDU, June 20: Nepal Stock Exchange (Nepse) is currently in what experts call a “bearish trend” mainly triggered by the uncertainties raised by the worsening performance of the country’s macroeconomic indicators.
May 3, 2022 19:00 pm
KATHMANDU, May 3: Share investors can now get up to 70 percent margin loan from stockbrokers, with the Securities Board of Nepal (Sebon) enforcing a revised guideline on margin transactions last Wednesday.
March 5, 2022 16:24 pm
KATHMANDU, March 5: Share investors lost over Rs 162 billion in their book value last week with a heavy decline in stock prices in the secondary market.
February 22, 2022 07:15 am
KATHMANDU, Feb 22: The government last month collected Rs 805.40 million in capital gains tax from the investors of the stock exchange market, out of which the short-term investors contributed the largest proportion.
February 1, 2022 07:35 am
KATHMANDU, Feb 1: Investors in the secondary market paid ‘closeout’ fines worth Rs 73.93 million in the first six months of the current fiscal year.
January 29, 2022 18:45 pm
KATHMANDU, Jan 29: Investors of the country’s secondary market lost Rs 2.14 billion in their portfolio due to a sharp fall in the prices of shares last week.
January 17, 2022 18:45 pm
KATHMANDU, Jan 17: Investors at the stock exchange market paid Rs 537.35 million to the government in capital gains tax during the one-month period of mid-December and mid-January.
January 20, 2021 13:35 pm
KATHMANDU, Jan 20: Foreign investors have pledged an investment of Rs 515 billion in projects related to the hydropower and energy sector. But the stakeholders have failed to bring in the investment as pledged by foreign investors.
December 15, 2020 17:29 pm
KATHMANDU, Dec 15: Nepal’s prominent private equity and venture capital firms have set up Nepal Private Equity Association (NPEA), targeting at promoting alternative investment by bringing together stakeholders in Nepal’s expanding entrepreneurial ecosystem.
June 5, 2019 10:15 am
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.
May 16, 2019 18:30 pm
KATHMANDU, May 16: Finance Minister Dr Yuba Raj Khatiwada has urged the Indian industrialists and businesspersons to invest in Nepal without any hesitation.
May 5, 2019 09:07 am
KATHMANDU, May 5: The much-awaited one-stop service center for investors and entrepreneurs is scheduled to come into operation from May 15.
April 22, 2019 09:14 am
KATHMANDU, April 22: Investment Board Nepal (IBN) has said that it has received as many 48 applications for 31 out of 50 projects showcased during the recently held Nepal Investment Summit 2019.
April 10, 2019 08:47 am
KATHMANDU, April 10: The Department of Industry (DoI) has said that it would complete necessary works to set up one-stop service for investors by mid-May.
November 27, 2018 08:40 am
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.
November 17, 2018 08:45 am
KATHMANDU, Nov 17: Calling upon investors to invest in Nepal, Finance Minister Yuba Raj Khatiwada has said that the country’s macroeconomic system is now stable and the tax system is credible.
September 5, 2018 20:01 pm
KATHMANDU, Sept 5 Langtang Hydropower Project, to be constructed at Gosainkunda rural municipality of Rasuwa district by Multi Energy Development Pvt Ltd, has got investors.
August 31, 2018 10:20 am
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.
July 27, 2018 15:00 pm
CALIFORNIA, July 27: Facebook chairman and CEO Mark Zuckerberg is having a very bad day. On Thursday, he lost $17 billion of his fortune, Facebook shares dipped almost 20 percent, and now, some shareholders want his influence on the company reduced.
July 24, 2018 11:08 am
WASHINGTON DC, July 24: Sagoon, a social commerce platform founded by Nepali immigrants in the United States has opened mini IPO investment until July 26. The company has decided to provide bonus shares to its investors as well.
July 16, 2018 07:33 am
Chinese company Chongquin Machinary & Electronics Holding (Group) Co Ltd (CME) has partnered with People’s Energy Ltd (PEL) to construct the Khimti-2 Hydroelectricity Power Plant in Nepal. The 48.8 megawatt project of US$ 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.
July 13, 2018 07:32 am
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.
July 6, 2018 07:20 am
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.
July 4, 2018 05:40 am
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.
July 3, 2018 05:00 am
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.
June 9, 2018 10:33 am
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.
June 7, 2018 02:30 am
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).
June 6, 2018 11:34 am
KATHMANDU, June 6: Share investors continued have continued their protest against government’s decision to revise the capital gains tax threshold on the sale of bonus and rights shares.
May 31, 2018 04:00 am
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.
May 31, 2018 01:00 am
The fear of local entrepreneurs that they will be wiped out by global brands if multinational companies are allowed to enter Nepali market is baseless
May 17, 2018 08:32 am
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.
May 16, 2018 09:18 am
Turnover down drastically
April 16, 2018 10:23 am
KATHMANDU, April 16: As many as 194 industries with foreign investment have been registered at the Department of Industry during first eight months of the current fiscal year.
April 6, 2018 14:41 pm
KATHMANDU, April 6: Prime Minister KP Sharma Oli has stated that Nepal was committed to bring visible changes in the country by fostering bilateral economic engagements with India.
March 27, 2018 04:30 am
KATHMANDU, March 27: A group of CEOs and investors from India visiting Nepal for the International Entrepreneurship Conclave -- Connect-IN have met Prime Minister K P Sharma Oli.
February 20, 2018 16:02 pm
RIYADH, Feb 20: Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business.
January 27, 2018 16:19 pm
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.
December 31, 2017 08:12 am
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.
December 18, 2017 20:09 pm
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.
December 15, 2017 01:00 am
BUTWAL, Dec 15: Chinese businesspersons have shown interest to invest in Lumbini and surrounding areas by forming joint ventures with Nepali investors and businesspersons.
November 17, 2017 01:30 am
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.
November 4, 2017 09:56 am
KATHMANDU, Nov 4: Though the elections in the past used to elate investors, the stock market has, however, taken a downward course in recent days even when the election fever has gripped the country.