Business

SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE 3
Dividend

SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE

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Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has recently listed a whopping 47,47,555.941 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development follows the company’s 22nd Annual General Meeting (AGM) held on 29th Poush, 2080. During the AGM, SKBBL’s shareholders were delighted to hear about the approval of a generous 15% dividend

Nepal Rastra Bank Unveils FY 2023/24 Macroeconomic Overview 7
Business | Market | Economy

Nepal Rastra Bank Unveils FY 2023/24 Macroeconomic Overview

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Nepal Rastra Bank (NRB) has presented a comprehensive overview of Nepal’s current macroeconomic and financial status based on data from the first eight months ending mid-March 2023/24. Inflation and Trade Year-on-year inflation remained stable at 4.82%. Gross foreign exchange reserves reached USD 14.14 billion. Total imports decreased by 2.7%, exports by 4.0%, and trade deficit

Nepal Investment Mega Bank Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Shareholders 11
Business | Market | Economy

Nepal Investment Mega Bank Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Shareholders

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The current promoter of Nepal Investment Mega Bank Limited (NIMB) has initiated the auction of 2,55,741 units of shares, exclusively targeting existing promoter shareholders, starting from today, the 30th of Falgun, 2080. In this auction process, only the existing promoters of NIMB are eligible to participate in the bidding, and they have a window of

3,25,000 Promoter Shares of Miteri Development Bank In Auction From Today 15
Business | Market | Economy

3,25,000 Promoter Shares of Miteri Development Bank In Auction From Today

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Miteri Development Bank Limited (MDB) is currently undergoing a significant development as its existing promoter, Sunil Shrestha, has initiated the auction of 3,25,000 units of shares exclusively to existing promoter shareholders starting from today, the 29th of Falgun, 2080. In this offering, Sunil Shrestha aims to sell the specified number of promoter shares to the

NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension 17
Business | Market | Economy

NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension

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The final steps for the merger between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) have recently been concluded. In accordance with Section 9 (3) of the Merger and Acquisition Directive 2079 Act, the Nepal Stock Exchange (NEPSE) has issued a circular, officially suspending share transactions of the company as

NEPSE Index Surges 2.85%: Finance Ministry's Commitment Boosts Confidence in Nepalese Stock Market 19
Business | Market | Economy, NEPSE NEWS

NEPSE Index Surges 2.85%: Finance Ministry’s Commitment Boosts Confidence in Nepalese Stock Market

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The Nepal Stock Exchange (NEPSE) Index demonstrated a noteworthy surge, gaining 58.58 points or 2.85% compared to the previous day’s closing, concluding at 2,111.24 points. In the preceding trading session, the index had also experienced a positive trend, accumulating a gain of 22.10 points. The day’s trading activities commenced with the index opening at 2,065.63,

Nepal's Macroeconomic Snapshot: Resilient Remittances, Forex Stability, and Balanced Trade Dynamics in the First Seven Months of 2023/24 23
Business | Market | Economy

Nepal’s Macroeconomic Snapshot: Resilient Remittances, Forex Stability, and Balanced Trade Dynamics in the First Seven Months of 2023/24

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The Nepal Rastra Bank (NRB), the central bank of Nepal, has presented an overview of the country’s macroeconomic and financial situation based on data from the first seven months, ending mid-February of 2023/24. Overall According to NRB, the inflation rate was estimated at 5.01% on a year-on-year basis. The gross foreign exchange reserves reached USD

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