Tag: Ace

11.25% Global IME Bank Debenture 2084 is available for purchase beginning on March 29.

Global IME Bank Limited has opened public issue of 50 lakh units’ worth of ‘11.25% Global IME Bank Debenture 2084’ from Magh 29, 2079. The issue will conclude on Falgun 3, 2079 at the earliest and by Falgun 14, 2079 at the latest.

The par value of the debenture is NRs. 1,000 per unit. From the total 50 lakh units of ‘11.25% Global IME Bank Debenture 2084’, 30 lakh units are allocated for subscription via private placement and 20 lakh units are for the general public, including a 5% quota for mutual funds.

February 13, 2023
Bhugol Energy Development Company to Issue IPO Shares

Bhugol Energy Development Company Limited has issued an offer letter to the project-affected residents of Dailekh District and Nepalese citizens working abroad in order to launch an Initial Public Offering (IPO).

The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 8th to the 25th of Falgun, 2079. It should be noted that if the issue is not subscribed to by the early closing date for Dailekh District residents, it may be extended until the 7th Chaitra. However, the early closing date for Nepalese cit

February 13, 2023
Asian Hydropower Opening Issue of 697,200 Unit IPO Shares to General Public from Today

Asian Hydropower Limited will issue 6,97,200 unit shares with a face value of Rs 100 starting today, March 27th, 2079. The company expects to earn Rs 6.97 crore from this IPO. This issue’s early closing date is Falgun 2, 2079, and if it is not fully subscribed, it can be extended until Falgun 12, 2079. Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for the company’s employees, and 5%, or 42,000 units, have been set aside for mutual funds. The remaining 6,97,200 units will be available to the general public.

February 10, 2023
Reminder! Last Day to Grab Dividend Proposed by SIC, LGIL and JBBL

The proposed dividends from Sagarmatha Insurance Company Limited (SIC), Lumbini General Insurance Limited (LGIL), and Jyoti Bikas Bank Limited are only available through today (JBBL).

On Falgun 11, 2079, Sagarmatha Insurance Company Limited (SIC) has scheduled its 26th Annual General Meeting.

Starting at 10 AM, a meeting will take place in Lainchaur Banquet, Lainchaur.

Today is the last day to grab dividends proposed by Sagarmatha Insurance Company Limited (SIC), Lumbini General Insurance Limited (LGIL), and Jyoti Bikas Bank Limited (JBBL).

February 9, 2023
Shuvam Power’s first public offering allocation will end tomorrow morning; 48,188 lucky applicants will receive 10 units each.

Tomorrow morning, or on Magh 27, 2079, Shuvam Power Limited’s (SHUVAM) initial public offering (IPO) will take place. On the property of the issue manager, Muktinath Capital Limited, in Naxal, the allotment program will take place.

From the 18th Magh to the 22nd Magh, the company distributed 481,882 units of shares with a face value of 100 rupees to the general public as part of an IPO. 10%, or 58,058 units, of the total 580,580 units have already been allocated to Nepalese people living and working overseas. 2%, or 11,610 units, were set aside for firm workers. 5%, or 29,030 units, of the total offered shares were reserved for mutual funds. 481,882 more units were produced for the

February 9, 2023
NEPSE Index Retrace 2200 Levels Once More

The NEPSE index finished at 2,170.21 today, down 7.13 points from the previous trading day’s close. This is a 0.33% decrease. Yesterday, the index rose 76.64 points.

The index started the day at 2,181.62 and reached an intraday high of 2,213.89. It dropped as low as 2,161.00 before closing at 2,170.21.Through 55,602 transactions, 257 scrips changed hands. A total of 10,502,649 shares were traded, totaling Rs. 3.691 Arba in activity. This is more than the previous day’s turnover of Rs. 3.362 Arba.The largest turnover was Rs. 11.28 crores by Nepal Reinsurance Company Limited (NRIC), which closed at a market price of Rs. 852 per share. API Power Company Ltd. (API) had the greatest trading volume.

Terhathum Power Company Limited (TPC) gained the most for the day, 3.32%

Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) suffered the most loss today, falling 5.14%.

Only one sector finished in the green today, “Others,” which gained 0.50%, while “Finance” dropped the most, 1.94%.

February 8, 2023
Molung Hydropower Company will issue 22,64,655 unit IPO shares to the general public beginning in February.

Molung Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

From the 4th of Falgun, 2079, the company will issue 22,64,655 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 22.64 crore for the company. This issue’s early closing date is the 10th Falgun, and if it is not fully subscribed, it can be extended until the 18th Falgun, 2079.

February 8, 2023
NIBL Ace Capital Asset Under Management Reaches Rs 4 Billion

NIBL Ace Capital Limited, a leading merchant banking and Inveent banking company, has provided its clients with a variety of financial services over the years. Portfolio Management Service (PMS) is one of these profitable services that has assisted many people in achieving their goals with a well-balanced risk and return.

In addition to investment banking, NIBL’s Merchant Banking business is structured around three distinct groups of businesses: portfolio management service (PMS), capital advisory, and debt funding, both in Nepal and globally. There are currently more than 1100 satisfied customers associated with the PMS, and the size of Asset Under Management (AUM) has now reached $4 billion.

January 29, 2023
Trading And Buying Stock For Dummies

Alright, so you’ve decided you want to take a shot at buying and trading stocks. The only problem is, you really don’t know how. Where should you begin? And do you even know what a stock is and the significance of stock for companies?

This article will serve as a dummies guide for trading and buying stock.

A stock is actually partial ownership of a company. Some companies consider stocks as certificates so the more stock a person owns of the company, the larger portion of the company they own. Along with owning a bigger part of the company, they also have greater influence in running the company. This influence is referred to as equity investment.

There are other important terms you should become familiar with before getting into the stock market. Get to know about leverage, price-earnings ratio, earnings per share, margins and options before you dive in and invest your hard-earned money.

Next you need to figure out where and how to purchase those stocks. Basically, there is only one way to buy shares and stocks. Through your stock broker.

Online exchanges let investors have access to stocks from all around the globe. Without the need for a broker, investors can purchase and sell stocks online. Some banks also give you the ability to set up your own stock portfolio. You can use the money you have invested with these banks to purchase and sell stocks online right away.

Brokers render brokerage services and they are the middlemen who do the work on your behalf. Brokers give advice, research the current stock market and buy and sell stocks in accordance with the requests of their clients. From buying and selling these stocks, the brokers earn a commission.

When you decide on how you prefer to purchase and sell stocks, you need to open an account. Exchanges will allow you to monitor and control your individual stock portfolio yourself. If you decide to enter into the stock trade with a bank, discuss the specifics of setting up your own account with the bank you choose. For conducting trades through a broker, you need to find a reputable broker to deal with and then ask them to open and manage your account.

Once you set up an account successfully, start studying the stock market to plan your strategy. Do you want to be conservative when making investments? Do you like to aggressively invest? How many investing years do you have? Are you a day trader or will you be investing on a long term basis?

When you determine your personal plan, do your research on the current stocks offered in the market. If you have a broker, it becomes easier because they do much of the research for you. However, it is still best to study the market on your own.

Remember, the stock market is a volatile place so be ready for explosive activity when trading and buying stocks. Like life, there are many ups and downs before you reach your goals.

January 3, 2023
Lockdown Online Job Opportunities: How to Earn Money Online during Lockdown

The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return to normal. Meanwhile, some huge organizations are downsizing their workforces, while small and mid-sized businesses are being forced to lay off employees. As a result, a large number of people are losing their employment or their salary. At this vital juncture, we’ll highlight several quarantine income opportunities, both online and offline. Keep reading to learn how you can make money during the lockdown!

Best Lockdown Income Opportunities Online

Graphic Design Jobs on the Internet

If you are a graphic designer with experience utilizing popular graphic tools such as Adobe Photoshop and/or Adobe Illustrator, you can get hired online and earn big money. Graphic designers are hired by many overseas platforms to work on little to large projects including logo design, business card design, banner design, brochure design, and so on. Here are some job vacancies in distribution.

https://www.freelancer.com/jobs/graphic-design/
https://www.behance.net/joblist
https://99designs.com
https://www.upwork.com/ab/find-work

Affiliate Marketing on the Internet

Do you like to use social media sites like Facebook, Twitter, and Instagram from time to time? Why don’t you complement your income with those sources? Any online social media channel that allows you to generate links or followers can be utilized to promote a product (made by another company). You may easily earn an affiliate fee if a viewer purchases your offered goods through your provided link. A variety of local businesses offer affiliation programs as well. Let’s have a look at some options.

https://www.daraz.com.np/wow/i/np/help-pages/daraz-affiliate-program

Affiliate marketing is a safe and secure way to earn money online. More people are choosing to affiliate marketing as a full-time career because of the attractive affiliate commission arrangements given by numerous companies. If you have good writing and/or video-making talents, as well as some SEO knowledge, you may generate a consistent income conducting affiliate marketing on your blog or YouTube. Take a peek at some of the various international affiliation channels.

https://affiliate-program.amazon.com/
http://www.cj.com/
https://shareasale.com/

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Online Tutoring and Teaching Positions

Earn a comfortable living by teaching online. You can write courses based on your experience and advertise your profile on social media platforms like linkedin.com. Begin by enrolling in some low-cost or no-cost basic level courses. Consider offering some paid advanced-level skills classes if the audience responds well. Here are some local and worldwide resources for looking for online teaching employment and/or submitting your online course:

hhttps://www.udemy.com/teaching/
https://sellfy.com/sell/courses-online/
https://www.skillshare.com/teach

Writing Jobs on the Internet

Do you have an innate desire to write? Yes, you can work as a freelance writer for a range of local and online publications if you answered yes. There are a range of freelance assignments accessible, including translation, guest writing, blog post writing, essay writing, academic writing, book writing, and study, whether you’re a newbie writer or a seasoned researcher. It will enable you to teach people while also allowing you to earn money. Take a look at the resources listed below.

Freelance Writers Den homepage

Jobs

https://solidgigs.com/
https://remote.co/remote-jobs/writing/
https://www.freelancewriting.com/jobs/

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Jobs in Online Programming

Do you enjoy working with computers? You can get hired online if you know any programming language, including PHP, Python, C#, Java, and others. Based on your degree of education and experience, you should apply for freelance programming employment. Here are a few areas where you might look for work as an internet programmer.

https://www.upwork.com/freelance-jobs/database-programming/
https://www.peopleperhour.com/freelance-programming-jobs
https://www.indeed.com/q-Online-Programmer-jobs.html
https://www.ziprecruiter.com/Jobs/Online-Programmer

Skill Based Freelancing Jobs

Don’t be concerned if you aren’t a designer, editor, or programmer. The Internet is a huge ocean of possibilities for a wide range of occupations. If you have experience in a specific field of knowledge, such as business proposal preparation, project management, or digital marketing, you should hunt for freelance employment in foreign marketplaces.

Here are some useful links:

https://www.upwork.com/freelance-jobs/online/
https://www.freelancer.com/
https://www.fiverr.com/
https://www.peopleperhour.com/
https://www.linkedin.com/jobs/

January 3, 2023
How Does The Stock Market Work?

How does the stock market work? In a nutshell, the stock market is a market place for business people. Goods are sold to the public in a public market. However, in the stock market, the public is sold share. Shares are the form in which company stock is sold. When a person purchases more shares in a company, they have a higher ownership in that company.

In the stock market, there is the primary market and the secondary market. In the primary market, companies sell shares to investors to raise financing for their operating expenses. In the secondary market, investors buy and sell shares in companies to other investors. Constantly changing market conditions are the basis of those buy and sell decisions.

A stock market operates much like an auction house, with a systematic way of buying and selling. The system in the stock market involves a great deal of bustling activity. Often there are people running around frantically, shouting and gesturing at one another.

The purchase and sale of stock starts at various places. A broker is contacted if a person wants to buy stocks in a certain company. The broker will take the investor’s money to the stock exchange to coordinate with a floor broker.

In most cases, the floor broker works for the company selling stock. Right on the stock exchange floor, brokers buy the desired stock for the investor. Once the deal is made, it is communicated to a broker and the investor then becomes a stockholder of that particular company.

Investors may decide to sell their stock. Usually investors want to sell their stock when the price per share increases so they can realize a profit on their investment. For example, a person may purchase 100 shares at the price of $25 per share. When the price increases to $35 per share, the person can sell the 100 shares and make a profit of $1,000.

The driving force behind the stock market is the basic economic principal of supply and demand. The number of stocks open to the public is the supply. The number of shares that investors what to purchase affects the demand of the stock in a certain company.

The constant change in the cost of stock is a result of conditions in other markets. For example, if people feel that the economy is growing they are apt to purchase more stocks. However, when the economy is in a decline, the majority of investors tend to sell off their stocks. On the flip side, some investors use this time to buy because the stock prices are usually at a discount.

There are quite a few business people who make long term investments in the stock market. In some situations, stocks go down in value and a stockholder loses money. There is no guaranteed profit when investing in the stock market. Thus, when a person is flexible and able to handle the constant changes of the stock exchange they are more likely to experience a profit.

So this is how the stock market works. In the end, patience, education and experience usually equals greater long term success.

January 3, 2023
Best Way to Get Your Freelancing Income in Nepal

We already know how to send freelancing revenue to Nepal because we are successful freelancers. There are a variety of options to choose from. However, we must choose which option is better for us.

Let’s look at Upwork earnings as an example. In this article, we’ll compare practically every payment method available on Upwork. So far, there are four alternatives available for everyone. Only Nepali freelancers should use Direct to Local Bank (NPR), according to Upwork. For each withdrawal, they levy a little fee of $0.99. However, their currency exchange rate is HORRIBLE. They offer a rate that is 3-4 rupees lower than Nepal’s daily foreign exchange rate. To evaluate which option is the best, we’ll use simple math to transfer $1000 using the exchange rate of 20/12/2019 ( NPR 1 = USD 113.89).

Direct to Local Bank (BDT)

Let’s assume that the bank’s rate is NPR 2 less than the forex rate.

$0.99 per withdrawal to Nepal.

$1000 – $0.99 = $999.01 X 111.89 = NPR 111,779.23
Normally it takes one or two days to arrive at your bank account.
So the ultimate rate for $1 is NPR 111.78

Payoneer

$2 USD per withdrawal from Upwork.

Normal Delivery:

$1000 – $2 = $998 X 113.89 = NPR 113,662.22
Normally it takes three to four days to arrive at your bank account.

Fast Delivery:

$1000 – $2 = $998 – $2.5 (Payoneer Quick Load Fee) = $995.5 X 113.89 = NPR 113,377.50
Normally it takes two to three days to arrive at your bank account.

So the ultimate rate for $1 is NPR 113.66 with normal delivery and NPR 113.38 with faster delivery.

Wire Transfer (USD)
It is not suitable for Nepal. It charges $30 for each transaction and takes a long time with various difficulties.

Direct to U.S Bank (USD)
Free payments to U.S Bank account in USD.

It is also not suitable for Nepal. Most of the Nepali freelancers don’t have U.S Bank account.

Final Consideration
By Direct to Local Bank (BDT): $1 = NPR 111.78
Via Payoneer: $1 = NPR 113.66

Conclusion
Finally, we can take a fair decision to determine that Payoneer is the best way to send freelancing income to Nepal. And hopefully, we will find the same results in other marketplaces too.

January 3, 2023