Month: September 2024
NRIC 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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