Real estate

The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal's profitability. 1
Business | Market | Economy

The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.

Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23, the company has projected an operating income of around Rs. 116 million. ICRA Ratings has assigned a long-term rating of LBBB to Hathway for long-term loans totaling Rs. 147.7 million […]

The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies. 3
Business | Market | Economy

The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies.

  The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies. Previously, the Nepal Insurance Authority issued a notice inviting applications from companies interested in operating a micro-insurance company in Nepal. Similarly, three micro life insurance companies and four micro non-life insurance companies were chosen

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