BIZ BRIEFS NAC discountKATHMANDU: Nepal Airlines Corporation(NAC) will now provide 15 per cent discount to each government employee. According to a press statement, the discount will also be available to the families of the government employees. The discount... 23 Jan, 2009
Sebon assures investors Kathmandu, January 13:The Securities Board of Nepal (Sebon) has tried to assure investors by stating that the present plunge in Nepse is not ‘unnatural’. Nepse has been showing bearish trend since last six consecutive months but the newly appointed... 13 Jan, 2009
Shanker Man Singh Nepse GM Kathmandu, January 9:The government has appointed Shanker Man Singh as the new general manager (GM) of Nepal Stock Exchange (Nepse). Speaking at a press meet former Nepse GM Rewat Bahadur Karki spoke about the work done inhis tenure and hoped for... 09 Jan, 2009
BIZ BRIEFS Sebon approves IPOKATHMANDU: Securities Board of Nepal (Sebon) has approved the issue of 30,00,000-unit IPO of Bank of Asia Nepal (BoAN) at the face value of Rs 100 per unit. NMB Bank is the issue and sales manager for the IPO, states a Sebon press... 07 Jan, 2009
Solution in sight to Nefisco-investor row Kathmandu, December 10:The lingering dispute between Nepal Finance Ltd (Nefisco) and investors is close to being resolved. Nefisco has agreed to give ordinary shares to the investors who had bought promoters’ shares from the company which sold them... 11 Dec, 2008
Sebon chief’s exit a market whodunnit Kathmandu, December 6:It happens only in Nepal. A week after Securities Board of Nepal (Sebon) chairman Dr Chiranjivi Nepal put in his papers, the Nepal Stock Exchange (Nepse) index gained 22.73 points to reach 754.91 points from last week’s closing... 06 Dec, 2008
BIZ BRIEFS Mills closedKATHMANDU: Production at Triveni Spinning Mills at Chatapipara, Bara has been halted due to the labour unrest. Issuing a press release, the company management has urged trade unions, different organisations and related government bodies to... 30 Nov, 2008
Sebon grants licence to more merchant banks Kathmandu, November 25:Securities Board of Nepal (Sebon) granted permission to three more financial institutions to work as the Merchant Banks whereas three others are in pipeline.Development Credit Bank Ltd (DCBL), Vibor Bank Ltd (VBL) and Nepal... 25 Nov, 2008
Capital market under scanner Kathmandu, November 25:The Securities Board of Nepal (Sebon) is keeping its eye open and carefully monitoring the capital market. “It is investigating current phenomenon in the market,” said Dr Chiranjivi Nepal, chairman of Sebon. “When we’ll... 25 Nov, 2008
Front-line Regulator’s New step: Nepse to crank up old by-laws Kathmandu, November 21:Nepal Stock Exchange (Nepse) will bring a new listing by-law soon. This is because after Nepse started trading through Automated Computerized Trading System, old by-laws need to be revamped accordingly.“We have sent the draft... 21 Nov, 2008
Quarterly accounts a must-show Kathmandu, November 12:Every listed company will have to mandatorily submit its accounts to the Securities Board of Nepal (Sebon) on a quarterly basis from now on, according to the Share Registration and Issue Regulation 2065.“Any company failing to... 13 Nov, 2008
Sebon concerned at smear bid KATHMANDU: Securities Board of Nepal (Sebon) has shown serious concern over the recent news involving it and its staff with the share allotment of Clean Energy Development Bank (CEDB). “The board is continuously engaged in the development of capital... 20 Oct, 2008
