Manjushree Finance Limited (MFIL) has proposed a total 20% dividend for its shareholders from the profits of FY 2082/83, comprising 5% bonus shares and 15% cash dividend, including tax. The proposal is subject to approval from Nepal Rastra Bank and the company's upcoming Annual General Meeting (AGM).
Nepal Rastra Bank (NRB) is set to absorb Rs 70 billion from the banking system through a 60-day deposit collection instrument to manage persistent excess liquidity and maintain short-term interest rate stability.
The Dashain homecoming rush has begun, with more than 300,000 people reportedly leaving Kathmandu to celebrate the biggest festival with their families in their hometowns and villages.
Doleshwor Village Resort and Farm House Limited has proposed issuing 16.20 lakh ordinary shares, representing 30% of its issued capital, to the general public.
The Nepal Stock Exchange (NEPSE) edged up 2.31 points to close at 2,572.34, while daily turnover stood at Rs. 3.93 Arba.
The government has begun a feasibility study on providing insurance, share brokerage, and portfolio management services through bank branches, particularly in rural areas.
Saudi Arabia, the UAE, Iraq and Kuwait are increasing oil exports as shipments through the Strait of Hormuz gradually recover, intensifying competition for market share lost during the Iran war.
Three investor associations have submitted a six-point reform proposal to SEBON, seeking changes to share trading, IPO and promoter share structures, margin trading, settlement and investor protection.
A total of 788 climbers from 70 countries have obtained permits to climb 31 mountains in Nepal during the autumn season, generating Rs 24.72 crore in royalty revenue for the government.
Former President Bidya Devi Bhandari has formally assumed the position of Senior Leader of the CPN-UML, taking her oath before party Chairman KP Sharma Oli.
Around 73% of electricity consumers still visit physical counters to pay their bills, while the Nepal Electricity Authority spends nearly Rs 59.79 crore annually to operate these payment counters.
Gas consumers in Kathmandu Valley will be able to exchange an empty LPG cylinder of any brand and purchase gas from designated locations during Dashain, with no additional exchange fee.