Business | Market | Economy

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81 1
Business | Market | Economy

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81

Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]

Garima Bikas Bank Welcomes Nepali New Year 2081 with Exciting Cashback Scheme 5
Business | Market | Economy

Garima Bikas Bank Welcomes Nepali New Year 2081 with Exciting Cashback Scheme

As Nepal eagerly awaits the arrival of New Year 2081, Garima Bikas Bank Limited (GBBL) delights its customers with a special cashback scheme, promising enticing rewards for debit and credit card users. With the aim of promoting cashless transactions and enhancing customer satisfaction, GBBL introduces a generous cashback offer of 20.81%, allowing users to earn

Kumari Bank Limited Auctions Promoter Shares of Sagarmatha Lumbini Insurance Company Limited: Opportunity for Investors 15
Business | Market | Economy

Kumari Bank Limited Auctions Promoter Shares of Sagarmatha Lumbini Insurance Company Limited: Opportunity for Investors

Kumari Bank Limited (KBL) has initiated the auction of promoter shares of Sagarmatha Lumbini Insurance Company Limited (SALICO), commencing from today, 28th Chaitra, until 1st Jestha, 2080. This auction presents an opportunity for investors to acquire shares in SALICO, a prominent insurance company in Nepal. A total of 1,14,612 unit promoter shares of SALICO are

Global IME Ltd. Debenture Delisting: Implications and Refund Process 22
Business | Market | Economy

Global IME Ltd. Debenture Delisting: Implications and Refund Process

In a significant development, 1,500,000 units of the “10.25% Global IME Ltd. Debenture 2080/81” have been removed from trading on the Nepal Stock Exchange (NEPSE). This move holds implications for investors and marks the culmination of the debenture’s tenure. The “10.25% Global IME Ltd. Debenture 2080/81” reached its maturity date in Chaitra, 2080, offering a

ADBL Introduces Digital Loan Facility on ADBL Smart Plus App to Enhance Financial Inclusion 24
Business | Market | Economy

ADBL Introduces Digital Loan Facility on ADBL Smart Plus App to Enhance Financial Inclusion

The Agricultural Development Bank Limited (ADBL) has launched a novel loan facility via the ADBL Smart Plus App, responding to the increasing demand for digital services and aiming to bolster financial access and inclusivity. This initiative enables eligible customers holding salary accounts with the bank to access instant loans of up to Rs. 2 lakhs

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