Latest NEPSE and Share Market News - Page 11
Finance Minister Swarnim Wagle to Visit Bangkok for World Bank and IMF Annual Meetings
Nepal’s Finance Minister Dr. Swarnim Wagle is scheduled to travel to Bangkok, Thailand, on Tuesday to participate in the joint annual meetings of the World Bank Group and the International Monetary Fund (IMF). During the visit, he is expected to take part in more than 16 bilateral and multilateral meetings and discussions.
Gold and Silver Prices Decline in Nepal as Gold Drops by Rs 2,200 per Tola
Gold and silver prices fell in the Nepali market on Tuesday, Ashoj 27. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold dropped by Rs 2,200 per tola, while silver declined by Rs 60 per tola compared to Monday’s trading prices.
Government Directs Employers to Provide Mandatory Festival Allowance to Workers
The Department of Labour and Occupational Safety has urged all employers and industrial and commercial establishments to provide workers with their legally mandated festival allowance equivalent to one month’s basic salary, warning against denying employees the benefit.
Nepal Telecom Announces Festive Offers on FTTH Internet and GSM Mobile Services
Nepal Telecom has introduced special festive offers for Dashain, Tihar, and Chhath, featuring free FTTH installation, bonus internet packages, discounted mobile data, voice calls, and SMS services for its customers.
Prithvi Highway to Close for Six Hours Overnight for Road Repairs in Dhading
The Prithvi Highway in Dhading will remain closed from 11:00 PM today until 5:00 AM tomorrow to repair a sunken road section at Galaudi, caused by erosion from the Trishuli River.
Sahas Urja Denies Flood Damage to 86 MW Solu Khola Hydropower Project
Sahas Urja Limited has dismissed reports claiming that its 86 MW Solu Khola (Dudhkoshi) Hydroelectric Project was damaged by recent flooding, confirming that the project remains intact and operational.
Over 207,000 Passengers Leave Kathmandu Through New Bus Park Ahead of Dashain
More than 207,000 passengers departed from Kathmandu’s New Bus Park between October 3 and 11 as the annual Dashain exodus gained momentum, despite road disruptions affecting transport operations.
Lock-in Period of Shares of Five NEPSE-Listed Companies to Expire in Ashwin and Kartik
The lock-in period for shares of five companies listed on the Nepal Stock Exchange (NEPSE) is set to expire in Ashwin and Kartik, making a total of 1,18,10,715 shares eligible for trading in the secondary market.
SEBON Publishes Study on Private Equity and Venture Capital Sector for Public Consultation
The Securities Board of Nepal (SEBON) has published a comprehensive study on the Private Equity and Venture Capital (PEVC) sector to strengthen long-term capital mobilization, promote entrepreneurship, and support sustainable development of Nepal’s capital market.
LPG Gas Exchange Centers Increased to 11 in Kathmandu Valley Ahead of Dashain
The Nepal Oil Corporation and Nepal LP Gas Industry Association have expanded the number of LPG gas exchange centers in Kathmandu Valley from six to 11 to prevent shortages during the Dashain festival.
NIFRA Approves 5.2632% Cash Dividend at 8th AGM
Nepal Infrastructure Bank Limited (NIFRA) has approved a 5.2632% cash dividend for shareholders at its 8th Annual General Meeting (AGM) held in Battisputali, Kathmandu.
Supermai Hydropower Gets Preliminary Approval for Rights Issue
Supermai Hydropower Limited (SMH) has received preliminary approval from the Electricity Regulatory Commission to issue rights shares to repay its loan from Nabil Bank, subject to further approval from the Securities Board of Nepal (SEBON).