It will take another two months for the share market to go fully online. The online transaction system however began testing on Monday. However, it will take another sixty days to become completely functional. Speaking at a press meet held at Nepal Stock Exchange on Monday, Chief Executive Officer Chandra Singh Saud said that failure to complete necessary physical
The domestic stock market that closed with the records of a double-digit rise on Sunday, the first trading day of the week, suffered a slight fall today. The Nepal Stock Exchange (NEPSE) Index today decreased by 0.31 points compared to the previous day to sit at 1256.40 points.
The Employees' Provident Fund has invested Rs 287 billion or 98.34 per cent of the total fund in different sectors. Out of total investment, 58 per cent has been disbursed as loan to its contributors, 16 per cent as project loan, 19 per cent is in fixed deposit of commercial banks and the remaining seven
The Nepal Stock Exchange index continued to increase today with a swell by 14.13 points to close at 1,244.84. Likewise, the sensitive index that measures the performance of class 'A' stocks also surged 3.47 point to stand at 264.27. The market recorded the trading of the total 2,711,110 shares of a total of 173 companies
Nepal Stock Exchange (NEPSE) index continued to be on a downward spiral today with a dip by 8.1 points to close at 1210. The sensitive index, which measures the values of class 'A' stocks, also went down by two points to sit at 256.16. The 11,59,272 shares of a total of 162 companies
U.S. President Trump tweeted on Saturday that Apple Inc should make products inside the United States if it wants to avoid tariffs on Chinese imports. The company told trade officials in a letter on Friday that the proposed tariffs would affect prices for a “wide range” of Apple products, including its Watch, but it did not mention the iPhone.
Anupama Kunjeli, the first female CEO of Nepal, is the CEO of Mega Bank. Anupama is a leading icon in the business sector and she is a great role model for women all over Nepal. She has been working with Mega Bank since its establishment.
ShareSansar Pro, or SS Pro, is a feature that has recently been released for the Share Sansar website. The SS Pro is a subscription-based system that will give you tons of benefits for subscribing. Share Sansar itself is Nepal's most popular online platform in the Share Market.
The Investment Board and the CW Investment under the Chinese Three Gorges held talks on forging agreement on beginning the West Seti hydropower project. The talk was held in view of the prolonged delay in initiation of the project despite having agreement on the construction. The Chinese side had arrived here on Monday for the talk.
Billionaire investor Warren Buffett's Berkshire Hathaway Inc. (BRK.B) has bought a $356 million stake in One97 Communications Ltd, according to a source speaking with Reuters. In an email to the newswire, Berkshire confirmed that it has invested in the Indian firm and added that Buffett was not involved in the transaction.
Unilever Nepal is continuing to earn a profit in Nepal. It has officially hit the 999 million mark, now earning Rs. 999.4 million. They hit the benchmark in the fiscal year 2074/75. The net profit of Unilever Nepal stood at Rs. 9.65 million in the last fiscal. Unilever says there has been a 3.54% rise in profit.
Toyota will pump about $500 million into ride-share firm Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said. The deal, which reportedly values Uber at about $72 billion, aims at "advancing and bringing to market autonomous ride-sharing as a mobility service at scale", Toyota said in a statement.
Civil Bank has lent its support to Child Development Society under its corporate social responsibility. The bank provided Rs 200,000 to the organization amid a recent function. The bank’s Chief Business Officer Sujit Kumar Shakya handed over the cheque to the chairman of Child Development Society Subash Gautam and Surendra Dhakal, treasurer of the organization.
Business economists overwhelmingly worry President Donald Trump's trade wars will harm the US economy, according to a survey released Monday. The Trump administration is due to impose its latest round of punitive tariffs on China, putting 25% duties on another $16 billion in imports
The domestic share market was hit by a double-digit fall, today, the opening day of the week, making investors disappointed. According to the Nepal Stock Exchange (NEPSE), the share market fell 14.03 points compared to the figure of the closing day of last week, thus closing at 1196.29 points.
Standard Chartered Bank Nepal Limited has been in operation in Nepal since 1987 when it was initially registered as a joint-venture operation. Today the Bank is an integral part of Standard Chartered Group having an ownership of 75% in the company with 25% shares owned by the Nepalese public. The Bank enjoys the status of the largest international bank...
Prime Commercial Bank Ltd. was incorporated in September 2007 as the 21st commercial bank in Nepal. We are a Category ‘A’ Financial Institution registered under the “Banks and Financial Institutions Act” of Nepal. It has been established by prominent business personnel and professionals from diversified areas with a prime objective of providing ‘Banking Services to Everyone’ in the country...
NMB Bank Limited licensed as “A” class financial institution by Nepal Rastra Bank in May 2008 has been operating in Nepalese Financial market for over nineteen years and is one of the leading commercial banks in the banking industry. Since its inception, NMB Bank has been continuously endeavoring to win the trust of its customer which has resulted to the...
NIC ASIA Bank has its antecedents in NIC Bank which was established on 21st July 1998. The Bank was rechristened as NIC ASIA Bank after the merger of NIC Bank with Bank of Asia Nepal on 30th June 2013. This was a historic merger in the annals of Nepalese financial landscape as the first of its kind merger between...
Nepal Investment Bank Ltd. (NIBL), previously Nepal Indosuez Bank Ltd., was established in 1986 as a joint venture between Nepalese and French partners. The French partner (holding 50% of the capital of NIBL) was Credit Agricole Indosuez, a subsidiary of one the largest banking group in the world. With the decision of Credit Agricole Indosuez to...