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Stock market regulator developing a system to detect fake IPO applications
Published On: July 16, 2023 09:00 AM NPT By: RAJESH KHANAL
KATHMANDU, July 16: The CDS and Clearing Ltd has stepped up its efforts to implement the ‘real time system’ of the applicants of the initial public offerings (IPOs) to check fake applications during the subscription process.
Nepal starts exporting ‘haylage,’ a type of nutritious animal feed to China
Published On: July 16, 2023 07:30 AM NPT By: Republica
KATHMANDU, July 16: Nepal has started exporting haylage, a type of nutritious animal feed, to China with the first lot of the export item dispatched for the northern neighbor on Saturday.
Tourists surge drives hotel expansion
Published On: July 15, 2023 09:20 PM NPT By: Enika Rai
KATHMANDU, July 15: With the Covid-19 pandemic now off the radar, the country's star hotels are slowly reopening. In the past two years, three new five-star hotels have been built in response to the arrival of an increasing number of foreign tourists and their activities in the country.
216,000 migrant workers join Social Security Fund
Published On: July 15, 2023 08:58 PM NPT By: Republica
KATHMANDU, July 15: The number of migrant workers to be enrolled in the Social Security Fund (SSF) has started increasing.
Stock market regulator developing a system to detect fake IPO applications
Published On: July 15, 2023 08:17 PM NPT By: Republica
Impact of a lesson learned from the case of Ghorahi Cement which was blamed for allowing millions of fake applications
Nepse added 35.55 points while investors gained Rs 56 billion from shares transaction last week
Published On: July 15, 2023 07:25 PM NPT By: Republica
KATHMANDU, July 15: Nepal Stock Exchange (Nepse) added 35.55 points last week as banks lowered their interest rates due to an increasing liquidity with them.
Price of gold increased by Rs 1,900 per tola this week
Published On: July 15, 2023 06:45 PM NPT By: Republica
KATHMANDU, July 15: The price of gold has increased by Rs 1,900 per tola in the domestic market this week. According to the Federation of Nepal Gold and Silver Dealers’ Associations, the price of gold has increased by Rs 1,900 per tola compared to last friday.
Number of electronic transaction increases, while transaction amount falls by Rs 10 billion
Published On: July 15, 2023 06:45 PM NPT By: Republica
KATHMANDU, July 15: The number of electronic transactions has increased significantly during the first half of the fiscal year 2022/23. In May/June 2023 alone, the number of electronic transactions stood at a staggering 98 million, worth Rs 4.4 trillion. Comparatively, during the same period last year, the number of electronic transactions was 63 million worth Rs 5.4 trillion.
Development banks to reduce interest rates
Published On: July 15, 2023 05:15 PM NPT By: Republica
KATHMANDU, July 15: Development banks are set to reduce interest rates. A meeting of Development Bankers Association-Nepal has agreed to reduce the interest rate with effect from July 17.
Blasting of rocks to construct roads on Indian side of the border causes damage in Nepal
Published On: July 15, 2023 03:45 PM NPT By: Republica
KHALANGA, July 15: Blasting rock to construct roads on the Indian side of the border has affected people on the Nepali side, it has been reported.
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