Wed, Jul 17, 2019
The government has failed to collect targeted revenue in the current FY. As per the Office of Auditor General (OAG), the government collected 83.66 percent revenue till July 15, a day before the closing of the current FY.
Nepal Rastra Bank (NRB) has extended the time to repay principal and interest of loans due to nationwide flood and landslides.
Securities Board of Nepal (SEBON) has announced of formulating a mechanism that allows investors to purchase a higher number of right shares than their eligibility.
After a long stretch, Nepal Stock Exchange (NEPSE) finally approved eight broker companies to initiate margin lending on June 27. Despite the achievement, investors are still unable to use the service due to lack of set mechanism.
Insurance Board (IB) has barred Nepal Insurance from distributing cash dividend. Earlier, the company proposed 7.5 percent stock and cash dividend for tax purpose to be distributed to its shareholders.
Gurans Life Insurance (GLICL) is set to re-auction unsold promoter right shares from July 19. The company is auctioning 90,571 units of promoter right shares that went unsold during its first auction. The auction will close on July 26.
Himal Dolakha Hydropower has extended the deadline of initial public offering (IPO) till August 9. As per Global IME Capital, issue manager of the company, the IPO has been subscribed by merely 24.02 percent till Sunday, July 14.
Bangladesh's garment industry is sensing an opportunity to sell in US. And it has Trump’s war with China to thank.
The US and China have agreed to resume trade talks, easing a long row that has contributed to a global economic slowdown.
NIC Asia Bank (NICA) is set to issue '10.25 percent NIC Asia debenture 2083/84' having a maturity period of seven years from July 22-25.
Aadhikhola Laghubitta Bittiya Sanstha has allotted 375,000 units of primary shares (IPO) issued from July 7-10 on July 15 in the premises of NIBL Ace Capital, issue manager of the company.
Nepal Investment Bank (NIB) and Jebils Finance (JEFL) are set to start a joint operation from July 15.