Sat, Sep 21, 2019
Citizen Life Insurance (@CLICL@) has geared up for initial public offering (IPO). The company has listed the IPO agenda in its upcoming 2nd AGM on October 16.
National Microfinance (NMFBS) has announced dividend of the last FY. The board of directors meeting of the company held on September 19 decided to propose 80 percent dividend to its shareholders.
Unnati Microfinance (UMB) has announced dividend of the last FY. The board of directors meeting of the company held on September 18 decided to propose 40.63 percent dividend to its shareholders.
Nepal Rastra Bank (NRB) has started divesting from listed companies simultaneously. The bank that recently divests its stocks in RMDC Laghubitta and Nepal Stock Exchange (NEPSE) is set to auction promoter shares of Grameen Bikas Laghubitta.
Sunrise Bank (SRBL) has announced a dividend of the last FY. The 326th board of directors meeting of the bank held September 17 decided to propose 15.80 percent dividend to its shareholders.
Nepal Rastra Bank (NRB) has given final approval to NMB Bank and Om Development Bank for a merger. Following the approval, the banks can now start a joint transaction before Dashain.
The five-member task force formed to identify the issues plaguing the Nepal Airlines Corporation (NAC) has submitted its report to the Minister of Culture, Tourism and Civil Aviation Yogesh Kumar Bhattarai.
Insurance Board (IB) has prohibited using the term ‘free insurance’ for any bancassurance product promoted under an agreement between BFIs and insurance companies.
Insurance Board (IB) of Nepal has issued Actuary Valuation Directive, 2076 for the life insurance companies. According to the board, it made timely amendment to previous Actuary Valuation Directive, 2065, hence, the implementation of new directive has annulled the previous directive.
The EPS of Sanima Mai Hydropower (SHPC) has decreased by Rs 3.04 to Rs 13.15 in the fourth quarter of the last FY compared to Rs 10.11 of the corresponding period of the previous FY.
Along with the list of margin tradable securities of Nepalese secondary market, Nepal Stock Exchange (NEPSE) has also unveiled the name of 21 broker companies that are eligible to provide the margin trading services.
Apex Case Study Club has organized Apex Case Study Program 4th Edition, ‘Spot it, Solve it’ on June 20-26, 2019 with an aim to increase problem solving and analytical capacity of the students.
Global supplies of oil are likely to suffer a “major jolt” following Saturday’s attack by a swarm of explosive drones on the world’s biggest oil processing plant in Saudia Arabia.
A senior executive at beleaguered Chinese telecom giant Huawei said Tuesday that Washington's trade ban on its products hits the US economy more than the company.
Nepal Stock Exchange (NEPSE) has adjusted the stock price of Citizens Bank International (CZBIL) and Prime Life Insurance (PLIC).