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PM Oli’s address to the Nepal-China Business Forum

Kathmandu : The following is the statement made by Prime Minister KP Sharma Oli, who is on a six-day official visit to the People’s Republic of China, at the Nepal-China Business Forum organised by the Embassy of Nepal and China Council for the Promotion of International Trade (CCPIT) in...

PM’s China Visit: MoU signed to develop eight different projects

Beijing, June : Eight different agreements were signed between Nepal and China in Beijing at the presence of Prime Minister KP Sharma Oli today. Agreements were signed between the government and private companies of both the countries to develop hydropower projects, cement industries and...

Incumbent govt. will remain in power for five years : Chairman Dahal

Chitwan, June : Chairperson of Communist Party of Nepal, Pushpa Kamal Dahal has said that the incumbent government would remain in power for five years and would carry out development activities as per people’s expectation. Unveiling Martyr Shivaram Memorial Statue constructed at Mangalpur...

NEPSE declines by 1.93 points

Kathmandu, June : Nepal Stock Exchange index today decreased 1.93 points to close at 1,239.26. Likewise, the sensitive index that measures performance of class ‘A’ stocks dipped 0.64 points to sit at 260.47. The total 947,393 shares of 160 companies were traded at over Rs 299...

11 companies preparing to issue rights share worth over Rs 7.5 billion

Kathmandu, June : Various 11 companies are preparing to give rights issue to their shareholders. They have planned to issue 75,470,240 units of rights share in total equivalent to over 7.5 billion. According to the Securities Board of Nepal, 11 companies including four micro finances have applied...

Contractors apprise minister about non-payment of dues

Kathmandu, June 12 :Finance Minister Dr Yuba Raj Khatiwada has assured of his initiations to clear dues of contractors. During his meeting with a delegation of Federation of Contractors’ Association of Nepal (FCAN) today, the Finance Minister said he would make initiations to address their...

Companies with over Rs 1 billion capital made compulsory to issue share

Kathmandu, May 29 : The government has brought the provision that all companies of production sector with the capital of over Rs 1 billion will have to be listed in the share market by being transformed into the public limited company. The budget unveiled by Finance Minister Dr Yubraj Khatiwada in...

Private sector renders mixed reactions on budget

Kathmandu, May 29 : The budget for the fiscal year 2075-76 BS presented by Finance Minister Dr Yubaraj Khatiwada has received mixed reactions from private sector. Federation of Nepalese Chamber of Commerce and Industry (FNCCI) Chairperson Bhawani Rana commented the budget as positive for the...

Budget sets economic growth rate of 8%

Kathmandu, May 29 : The government has targeted to achieve eight percent of economic growth rate in the upcoming fiscal year. Announcing the budget for the new fiscal year 2075/076 BS in the joint meeting of the Federal Parliaments today, Finance Minister Dr Yubraj Khatiwada set the ambitious...

Economic survey presented, projection of 5.5 economic growth

Kathmandu, May 27 : Finance Minister Dr Yuba Raj Khatiwada presented the economic survey of the current fiscal year and annual status review of public enterprises in the meeting. The upper house shall meet again on May 29. The survey projected a 5.5 economic growth rate in the current fiscal year...

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