Economy

NRB’s Household Survey: Poor’s expenses on food while rich’s on luxury items

According to the data of 5th household Survey by Nepal Rastra Bank (NRB), the expenses pattern of poor Nepalese household and rich Nepalese household...

Mahalaxmi Finance, Siddhartha Finance and Malika Development Bank to merge

Kathmandu March 15- Mahalaxmi Finance, Siddhartha Finance and Malika Development Bank signed Memorandum of Understanding to merge with each other. In the MoU, Conveyor...

Merger of Siddhartha Development Bank and Nepal Aawas Finance Ltd

Kathmandu, September 23. Nepal's first finance company 'Nepal Aawas Finance Limited' and Siddhartha Development Bank Ltd have signed the agreement to merge on September...

Certificate distribution of Shikhar Insurance commence today

Kathmandu January 21- Shikhar Insurance is distributing share certificate of Further Public Offering (FPO) from today. Issue Manager of Shikhar Insurance, NMB Capital will distribute...

7 billion investments in Nepal from US

Altogether 322 industries of USA have gained license to open industries, which worth 7 billion, 33 crore and 30 lakh, in different sectors of...

Dibeshwori Hydropower Issuing 6, 60,000 unit shares as IPO

 Kathmandu, June-5 Dibeshowri hydropower is floating 6, 60,000 unit shares as part of its initial public offering (IPO).Company has appointed Ace capital as its...

Agreement between NRB and Central Bank of China

Kathmandu March 15- Agreement on technical support on regulatory supervision sector could be materializedĀ  between NRB and China's Central Bank People's Bank of China...

Fear of Foreign cement industries on Domestic cement industry

The domestic cement industry of Nepal is worried about the proposed entry of offshore cement giants that the domestic players will be swamped when...

Bagmati Development Bank earns Rs. 1 million net profit

Kathmandu November 24- With the paid up capital of Rs. 50 million, Bagmati Development Bank earned Rs. 1 million net profits in the first...

Net profit of Guheshwori Merchant Banking and Finance boosted by 0.91%

Kathmandu February 8- Operating with paid up capital of Rs. 293.7 million, Guheshwori Merchant Banking and Finance's net profit has boosted by 0.91% to...

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