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NEPSE Index Rises by 27.54 Points, Banking Sector Leads Market Growth
Monday proved to be a bullish day for the Nepal Stock Exchange (NEPSE) as the market index surged by 27.54 points, reaching a commendable 2092 points. Amidst afternoon trading, the market scaled even higher, peaking at 2121 points by 12:23 pm before experiencing a slight stabilization. Notably, the transaction volume also witnessed a substantial uptick, […]
Read MoreKorea to Invest $9.8 Million in Green Jobs Creation in Pokhara
In a significant move towards sustainable development, the Korean government has pledged a generous assistance of $9.8 million for the creation of green jobs in Pokhara, Nepal. The Memorandum of Understanding (MoU) for the project titled ‘Green Job Creation through Recycling and Up-cycling Project’ was signed by Ambassador Taeyoung Park and Finance Secretary Madhu Kumar […]
Read MoreNepali Stock Market Witnesses Broad Gains: NEPSE Index Soars
In a notable surge, all indices of the Nepali stock market experienced an upward trajectory on Tuesday. The NEPSE index surged by 28.62 points, marking a 1.43% increase compared to the previous day and reaching an impressive 2027 points. This bullish trend was reflected in the performance of companies, with 219 witnessing price hikes, 22 […]
Read MoreNepal to Provide Startup Subsidised Loans, Boost Youth Entrepreneurship
President Ramchandra Paudel has revealed an ambitious plan to bolster Nepal’s entrepreneurial landscape in the upcoming fiscal year 2024/25. The government aims to provide subsidized loans to 1,000 young individuals venturing into startup businesses, fostering innovation and economic growth. This announcement was part of the policy and program presentation for the coming year. The initiative […]
Read MoreNEPSE Index Rises by 24 Points, Boosts Market Growth
On Monday, the Nepal Stock Exchange (NEPSE) witnessed a significant uptick, with the NEPSE index climbing by 24 points, stabilizing at 1998 points. This surge was accompanied by a notable increase in transaction volume, rising from Rs 3.15 billion to Rs 3.40 billion, indicating heightened market activity. Among the listed companies, 148 experienced a rise […]
Read MoreNEPSE Index Rises by 24 Points, Boosts Market Growth
On Monday, the Nepal Stock Exchange (NEPSE) witnessed a significant uptick, with the NEPSE index climbing by 24 points, stabilizing at 1998 points. This surge was accompanied by a notable increase in transaction volume, rising from Rs 3.15 billion to Rs 3.40 billion, indicating heightened market activity. Among the listed companies, 148 experienced a rise […]
Read MoreNEPSE Climbs Higher as Investors Remain Bullish
The Nepal Stock Exchange (NEPSE) witnessed a significant rise on Sunday, with the index climbing 8.2 points to close at 1974. This upward momentum was fueled by strong investor sentiment and active trading, with a total turnover of Rs. 3.15 billion. During the trading session, 127 companies saw their share prices increase, while 111 companies […]
Read MoreEU Pledges Support for Boosting Investment in Nepal
The European Union (EU) has reaffirmed its commitment to supporting Nepal in attracting foreign investment, with a particular focus on bringing European companies to the Nepali market. During a reception held on Thursday to commemorate the 50th anniversary of diplomatic relations between Nepal and the EU, Ambassador Veronique Lorenzo highlighted the upcoming ‘EU-Nepal Trade Forum’ […]
Read MoreFirst MCC construction contract awarded – Butwal Substation Deal Signed
In a significant stride towards bolstering Nepal’s energy infrastructure and facilitating cross-border energy trade, the Millennium Challenge Account-Nepal (MCA-Nepal) has inked a contract agreement for the construction of the New Butwal Substation. This pivotal project is being funded through a grant from the US Mission Millennium Challenge Corporation (MCC), marking the first construction contract under […]
Read MoreRajesh Kaji Shrestha Elected as Chairman of Nepal Chamber of Commerce Advisory Council
Rajesh Kaji Shrestha has been appointed as the Chairman of the Advisory Council of the Nepal Chamber of Commerce (NCC), marking a significant milestone in his longstanding association with the chamber. Shrestha, a former president of the chamber, assumes the role of advisory council chairperson, where he will play a pivotal role in guiding the […]
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