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SEBON Sets 10-Year Vision to Strengthen Capital Market

The Securities Board of Nepal (SEBON) has unveiled the Capital Market Development Roadmap 2083, outlining a 10-year strategy to transform Nepal’s capital market into a major driver of economic growth and align it with international standards.

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SEBON Sets 10-Year Vision to Strengthen Capital Market

The Securities Board of Nepal (SEBON) has unveiled the Capital Market Development Roadmap 2083, a 10-year strategic plan aimed at transforming Nepal’s capital market into the country’s second major pillar of economic development after the banking sector. Announcing the roadmap on Tuesday night, SEBON Chairman Dr. Gopal Prasad Bhatt said the plan focuses on structural reforms, market diversification, digital transformation, and internationalization to strengthen the country's financial system over the next decade. Under the roadmap, SEBON aims to increase the average daily stock market turnover from around Rs. 8 billion to Rs. 30 billion by 2036, raise the market capitalization-to-GDP ratio to over 150%, and expand the number of listed companies to more than 500, including over 200 small and medium-sized enterprises (SMEs). The plan also seeks to significantly increase the number of Demat accounts and broaden public participation in the capital market. SEBON acknowledged that Nepal’s stock market remains heavily concentrated, with banks and financial institutions accounting for 45% of market capitalization and the hydropower sector contributing another 35%, leaving other productive sectors underrepresented. The roadmap prioritizes greater participation from manufacturing, agriculture, information technology, and service industries while promoting alternative investment instruments such as corporate bonds, derivatives, commodities, and Real Estate Investment Trusts (REITs). The roadmap will be implemented in three phases. The first phase (2026–2027) will focus on legal and policy reforms, followed by market expansion and digital transformation during 2028–2030. The final phase (2031–2036) envisions opening Nepal’s capital market to foreign portfolio investors and fully integrating it with international capital markets. SEBON believes the reforms will help build a more diversified, transparent, and globally competitive capital market that supports Nepal’s long-term economic growth.

Nepal Rastra Bank Publishes Thursday's Foreign Exchange Rates; US Dollar at Rs. 149.61

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Gold Price Plunges by Rs. 5,900 Per Tola on Dhanteras; Silver Also Declines

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Nepal's VAT Collection Exceeds Target as Consumer Reward Scheme Boosts Tax Compliance

Nepal's VAT collection exceeded its first-quarter target in FY 2083/84, reaching Rs. 41.04 billion, up 10% compared to the same period last year. The increase comes after the Inland Revenue Department introduced a consumer reward scheme encouraging people to demand bills when making purchases.

Nepal Estimates $5 Billion Needed for Reconstruction After Bhotekoshi-Trishuli Disasters

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Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.