NEPSE soars 26.75 points after unaudited report shows banks recording strong profits

Kathmandu, May 19 -- Nepal Stock Exchange last week surged by 26.75 points to close at 1,318.71 points as investors rushed to buy shares of commercial banks after an unaudited report showed that major... Read More

Private sector presents budget wish list to Finance Ministry

Kathmandu, May 18 -- The private sector asked the government to introduce policies to address the issue of high interest rates, and slash the tax rate in the production business through the budget sta... Read More

Sebon yet to issue licences to securities dealers

Kathmandu, May 17 -- The Securities Board of Nepal's plan to allow stockbrokers to work as securities dealers is in doubt as the regulator continues to procrastinate on revising the related laws. The... Read More

One Stop Service Centre to cut hassles for investors

Kathmandu, May 16 -- The One Stop Service Centre, which the government promised to set up during the Nepal Investment Summit in March, opened on Wednesday. The centre is designed to cut hassles for in... Read More

Slow capital expenditure continues to bedevil development projects

Kathmandu, May 14 -- The KP Sharma Oli administration, which has a two-thirds majority in Parliament, had claimed it would show visible development progress but has continued the longstanding and pere... Read More

Cooperatives go rogue for lack of supervision

Kathmandu, May 13 -- Depositors with cooperatives risk losing their savings as many of these institutions are on shaky ground due to vague government policies, lack of monitoring by local units and sl... Read More

Rise in short term investor activity brings NEPSE down 2.43 points

Kathmandu, May 12 -- Nepal Stock Exchange last week slipped marginally by 2.43 points to close at 1,291.96 points, as short term investors continued their rush to book profits amid soaring stock price... Read More

trading system full of flaws, taskforce report finds

Kathmandu, May 11 -- The taskforce formed under the Securities Board of Nepal has concluded that the software used by Nepal Stock Exchange to operate the trading system is of low quality which has res... Read More

Trade deficit jumps 22 percent to over Rs 990b in first nine months

Kathmandu, May 10 -- Nepal's trade deficit in the first nine months of the fiscal year jumped almost 22 percent year-on-year due to a spike in imports of oil, bitumen, aircraft parts and cereal. The d... Read More

China deal offers Nepal more options for third country trade

Kathmandu, May 8 -- With Beijing officially allowing Nepal to use a number of its land and sea ports, Nepali traders can now use the transit facility via three countries-India, Bangladesh and China. ... Read More