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Wednesday, October 27, 2021
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    The Api Power Company (API) and Nepal Finance (NFS) have proposed to issue right shares

    An application for the issuance of 1,08,60,000 right shares has been submitted to the regulatory board SEBON by Api Power Company Limited (API). The proposal of a 1: 0.3936 rights offering on the paid-up capital retained after the adjustment of...

    Trekkers are returning to the Annapurna Circuit as Nepal opens its borders to them

    The Annapurna region has begun welcoming tourists who have not been exposed to the Ebola virus back to its famed trekking trails as Nepal attempts to resurrect its pandemic-ravaged tourism business. The Annapurna Circuit walking trail meanders over the central...

    Farmers are being urged to plant basmati rice for commercial purposes

    Because of the potential for export, the government has been attempting to persuade farmers in far western Nepal to grow Hansaraj basmati rice on a commercial scale. Despite expanding demand, Nepal's fragrant rice is not produced on a wide...

    As festivals draw large crowds, experts worry that complacency could lead to an increase in the number of cases

    As the festive season is just round the corner, with Ghatasthapana, the first day of Dashain, five days away, Kathmandu and other cities are seeing an increased mobility of people. Almost everything has reopened since September 1 and people...

    Applications for the Maxmedia Digital Guru competition are now being accepted from those who are interested

    In an announcement made today, Maxmedia Pvt. Ltd., one of Nepal's top media companies, announced the debut of Maxmedia Digital Guru. The largest Digital Media Headhunt invites participants without regard to their previous work experience, instead seeking for individuals...

    As part of its planned rights offering, Nepal Finance has appointed Prabhu Capital to serve as issue manager

    Prabhu Capital has been appointed as the issue manager for Nepal Finance's right share float of 70% of the company's shares. Mr. Uddhav Raj Thapaliya, the CEO of the financial company, and Mr. Dinesh Thakali, the managing director of Prabhu...

    Activists are demanding President to make the “Kathmandu View Tower” into a National Library.

    It has been requested by a group of heritage activists and conservationists that President Bidya Devi Bhandari suspend construction of the Kathmandu View Tower commercial building near Ratnapark and repurpose the structure to house the National Library. The memorandum...

    Share Laganikarta Sangh Nepal Reprimands the NEPSE and the Regulator for Abusing Their Authority

    Share As a result of its serious concern about the negative impact of recent monetary policy decisions by the central bank on the stock market, Laganikarta Sangh Nepal has notified all stakeholders, including the Government of Nepal, Rastra Bank,...

    Start-ups express dissatisfaction with the lack of promised assistance.

    Binita Pokhrel, a start-up wine producer, was taken aback when she learned of the latest government rule mandating wineries to apply excise duty stickers with a QR code to the bottles they sell. When the former KP Sharma Oli administration...

    The Revenue Department has filed charges in which it claims Rs 24.74 billion in unpaid taxes

    The Department of Revenue Investigation filed lawsuits in the fiscal year 2020-21, alleging a total of Rs24.74 billion in lost revenues as a result of many high-profile incidents involving forged VAT receipts and foreign currency misappropriation. The number of claims...

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    Between the middle of July and the middle of October, the NCHL processed over Rs 4 trillion in digital payments.

    During the first three months of the current fiscal year, the Nepal Clearing House Limited (NCHL) settled payments totaling...