BUSINESS

Trading along with the NEPSE index has improved as the number of long-term investors has increased despite the stock market's decline. Investor morale has also increased after the improvement in the NEPSE index and trading.NEPSE, which had scaled the peak of 2640 points on February 21, had dropped by 250 points to 2390 points. As the market…

Nepal Infrastructure Bank (NIFRA) has clarified that it has projected to pay 8 percent dividend to the shareholders in the current fiscal year 077/078.The bank has stated that it will pay 8 percent dividend in the financial statements made public for the issuance of ordinary shares (IPO). The regulatory body has stated that the distribution…

NIC Asia Laghubitta and Swadeshi Laghubitta have merged into one institution. The newly formed  business has been started under the name of NIC Asia Laghubitta Bittiya Sanstha Ltd.NIC Asia Chairman Kapil Dhakal and Swadeshi Laghubitta Chairman Lal Mani Joshi inaugurated the newly formed business. A memorandum of understanding (MoU) was…

Applications for the Sunrise Bluechip Fund, which is being operated under the Sunrise Mutual Fund, can only be submitted till today. According to Sunrise Capital, today is the last day to apply for the fund which has to be submitted within the banking hours.Sunrise Capital had issued 100 million units at a face value of Rs 10 i.e., a total…

Nepal Credit and Commerce Bank Limited (NCCB) is going to issue bonds from March 26. The name of the bond is '9.50 percent NCC bond 2086'.The bank is going to issue 3 million bonds worth Rs 3 billion with a face value of Rs 1,000 each. Out of the total bonds to be issued, 1.8 million bonds equal to Rs. 1.80 billion will be sold…

Mega Bank Nepal Limited has become a partner bank of the Asian Development Bank (ADB). Mega Bank has become the eighth partner bank of the Asian Development Bank among the 'A' class commercial banks in Nepal.Adhering to the concepts of sustainable development goals, the Asian Development Bank (ADB) has introduced Trade and Supply Chain…

The share price of Chandragiri Hills Limited has risen to all time high on Thursday. The company's share price has been rising rapidly since the day it started trading in the secondary market.The company's share price rose 9.96 percent to Rs. 1,292 per unit share as of Thursday(market close).The company's share price has continued to…

Singati Hydro Energy Limited is going to issue IPO to the general public from March 19 (tomorrow). The company, which has already sold IPO to the project-affected locals in the first phase, is going to issue IPO to the general public in the second phase.The company is preparing to sell 2.9 million IPO units. Out of the total , 58,000 units…

Customers of Mega Bank Nepal Limited will get special discounts when purchasing food items through Foodmandu.Foodmandu has started operating a campaign called 'Mega Monday' in collaboration with Mega Bank which offers a 15 percent discount or a cashback offer of up to Rs 300 every Monday. Under this campaign, Mega Bank's debit and credit…

Nabil Bank has launched a very attractive scheme for individual fixed deposit accounts.The bank hopes that the scheme will help alleviate financial hardship as it will provide higher interest rates on individual fixed deposits for Nepali citizens.Nabil Bank has raised the interest rate on its personal fixed deposit account to 7.51…