Kanchan Development Bank to issue 4:1 right share
Kathmandu December 9- Kanchan Development Bank is issuing 330 thousands units of right shares in proportion of 4:1 for its shareholders. Bank is planning...
7 billion worth of shares in the market in near future
Kathmandu December 9- Those who wants to invest in capital market are getting new opportunity as, many companies are preparing to issue equity and...
Spending Rs. 74 billion of reconstruction program is unlikely this fiscal
Kathmandu December 9- The government might not be able to spend Rs74 billion, the total budget allocated for the reconstruction programmes this fiscal year,...
Nepalese Rupee comes under pressure again
Kathmandu December 8- The Nepali currency is once again on shaky ground, as the Indian rupee, with which the country’s currency is pegged, has...
Nepal seeks fuel grant from Saudi Arabia
Kathmandu December 9- The government of Nepal has approached the government of Saudi Arabia for grant assistance of 20,000 kilolitres of gasoline, citing severe...
Japan offers aid for disaster specialist education
Kathmandu December 8- Japan decided to provide USD 84,213 (equivalent to Rs 8.95 million) to some Nepali institutions to conduct the Nepal Disaster Specialist...
Rs. 1.5 billion allocated for rebuilding health facilities
Kathmandu December 8- The National Planning Commission has allocated Rs 1.5 billion for reconstruction of hospital and health facilities damaged by the April 25...
Kasthamandap Dev. Bank to convert 19% of promoter share into public
Kathmandu December 8- BOD meeting of Kasthamandap Development Bank Limited has decided to convert its promoter- public shareholders ratio from existing 70:30 to 51:49 as...
Muslim Alliance part ways with Madhesi Morcha
Kathmandu December 8- The National Muslim Struggle Alliance has broken its ties with Samyukta Loktantrik Madhesi Morcha.
The alliance, which had taken part in the...
ADB approves of USD 15 million grant for earthquake recovery
Kathmandu December 8- The Asian Development Bank (ADB) has agreed to provide USD 15 million as grant assistance from the Japan Fund for Poverty...
