Articles & Updates
NIMB 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 […]
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Nepal’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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Citizens Bank Partners with Shree Airlines to Offer Exclusive Discounts
Citizens Bank International Limited has entered into a memorandum of understanding (MoU) with Shree Airlines, offering special discounts to its customers. Under this partnership, Citizens Bank cardholders and mobile banking users will receive a Rs. 500 discount on Shree Airlines tickets, which can be redeemed exclusively at Shree Airlines counters. This initiative is part of […]
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NEPSE Index Climbs 3.80 Points Amid Market Volatility
The Nepal Stock Exchange (NEPSE) Index saw a modest recovery today, closing at 2,786.40 points, marking a 0.13% rise or a gain of 3.80 points from the last trading session. This slight increase followed a significant drop in the previous session, where the index plunged by 111.96 points, settling at 2,782.60 points. The day started […]
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Star Micro Insurance Partners with NIMB Ace Capital for Upcoming IPO
Star Micro Insurance Company Limited has entered into an agreement with NIMB Ace Capital Limited to act as the issue and sales manager for its forthcoming Initial Public Offering (IPO). This IPO will make available 2,250,000 shares at a price of NPR 100 per share, amounting to a total of NPR 225,000,000. This offering represents […]
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Kumari Capital Limited Announces 6th AGM on 3rd Ashwin 2081
Kumari Capital Limited (KCL) has scheduled its 6th Annual General Meeting (AGM) for 3rd Ashwin, 2081. The meeting will take place at Kumari Bank Limited, Tangal, Kathmandu, starting at 5:00 PM. One of the main agendas for the AGM is the endorsement of a 15% cash dividend, inclusive of tax, as decided by the board […]
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NEPSE Index Suffers Major Decline: Drops 111.96 Points
The Nepal Stock Exchange (NEPSE) Index witnessed a sharp decline today, closing at 2,782.60 points, marking a significant drop of 111.96 points or 3.86% compared to the previous session. This follows a similar decline in the previous session, where the index fell by 79.88 points, ending at 2,894.57 points. The trading day began with the […]
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Bagmati Province Faces Significant Revenue Shortfall in Fiscal Year 2023/24
Bagmati Province has reported a substantial revenue shortfall for the fiscal year 2023/24, collecting Rs 9.33 billion less than its projected target. According to the Ministry of Economic Affairs and Planning, the province aimed to generate Rs 48.25 billion from various sources, including revenue distribution, internal sources, and federal grants, but only managed to collect […]
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Kumari Capital Declares Dividend for KSLY, KEF, and KDBY Funds for Fiscal Year 2080/81
Kumari Sunaulo Lagani Yojana (KSLY), Kumari Equity Fund (KEF), and Kumari Dhanabriddhi Yojana (KDBY) have announced their dividend payouts for the fiscal year 2080/81. The 70th meeting of the board of directors of Kumari Capital Limited, held on Bhadra 10, finalized the dividend distribution plans for these funds. Kumari Sunaulo Lagani Yojana (KSLY) will distribute […]
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Farmers Await Rs 2.57 Billion in Unpaid Subsidies as Government Promises Settlement Before Dashain
Farmers producing milk and sugarcane in Nepal are still awaiting payments totaling more than Rs 2.57 billion from the government for their sold products. According to the Ministry of Agriculture and Livestock Development (MoALD), over Rs 1.27 billion is owed to milk producers, while sugarcane farmers are due Rs 1.30 billion in subsidies. In a […]
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