Month: September 2024
Nepal Sees Over 72,000 Foreign Tourists in August 2024
Nepal experienced a significant boost in tourism this August, welcoming 72,719 international tourists, as reported by the Nepal Tourism Board. This represents an 8.29% increase compared to the 67,153 tourists who visited in August 2023. The rise in tourist arrivals is even more impressive when compared to August 2020, during the height of the COVID-19 […]
Read MoreNEPSE Index Rebounds by 127.32 Points, Closes at 2,823.25
The Nepal Stock Exchange (NEPSE) Index saw a strong recovery today, surging by 127.32 points, or 4.72%, to end at 2,823.25 points. This positive movement follows two consecutive sessions of losses, including a 53.63-point drop in the previous session, which had left the index at 2,695.93 points. The trading day started with the index at […]
Read MoreNRIC Lists Over 60.86 Lakh Bonus Shares on NEPSE
Nepal Reinsurance Company Limited (NRIC) has successfully listed 60,86,433.28 units of bonus shares on the Nepal Stock Exchange (NEPSE). These shares were approved during the company’s 9th Annual General Meeting (AGM) held on 17th Jestha, 2081, where a 5% dividend for the fiscal year 2079/80 was endorsed. The company’s board of directors, during its 515th […]
Read MoreNRIC Lists Over 60.86 Lakh Bonus Shares on NEPSE
Nepal Reinsurance Company Limited (NRIC) has successfully listed 60,86,433.28 units of bonus shares on the Nepal Stock Exchange (NEPSE). These shares were approved during the company’s 9th Annual General Meeting (AGM) held on 17th Jestha, 2081, where a 5% dividend for the fiscal year 2079/80 was endorsed. The company’s board of directors, during its 515th […]
Read MoreNIMB Ace Capital Unveils Latest NAV Reports for All Five Mutual Funds
NIMB Ace Capital Limited has released the Net Asset Value (NAV) reports for all five of its mutual fund schemes for the month of Shrawan 2081, showcasing the financial performance and asset allocation of each fund. NIBL Sahabhagita Fund (NIBLSF), the first open-ended fund in the portfolio, differs from other closed-ended funds as it is […]
Read MoreNepal’s Foreign Direct Investment Surges by 11.8% in FY 2022/23
Nepal’s Foreign Direct Investment (FDI) has seen significant growth, increasing by 11.8% to reach Rs. 295.50 billion by the end of the fiscal year 2022/23. This rise reflects Nepal’s ongoing efforts to attract foreign capital through strategic reforms and investor-friendly policies, according to the latest FDI survey report from Nepal Rastra Bank (NRB). FDI has […]
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