Good year for stock trading Kathmandu, July 26: Defying all odds, stock trading continued to register an impressive growth, as the total trading volume of the listed shares at Nepal Stock Exchange (Nepse) recorded an upsurge of 142 per cent during the fiscal year 2006-07. The... 26 Jul, 2007
BIZ BRIEFS AFC, PIC get awardsKATHMANDU: Ace Finance Co (AFC) has been awarded the ‘Best Presented Accounts 2006’ award by the Institute of Chartered Accountants of Nepal (ICAN) under finance company category. Speaker Subash Chandra Nemwang presented the... 23 Jul, 2007
Weekly Share Update : Nepse index scales historic height Kathmandu, June 16:The bull trend at Nepal Stock Exchange (Nepse) scaled a new historic high this week, as gullible investors rushed to the market to purchase shares.Despite a warning from Nepal Stock Exchange Ltd, investors’ rush did not cool down... 16 Jun, 2007
BIZ BRIEFS Myanmar’s exports upYANGON: State-run Myanmar Oil and Gas Enterprise accounted for more than 40 per cent of the country’s exports for the fiscal year through March. Total trade for the year rose by 43 per cent to a record $7.93 billion despite... 04 Jun, 2007
CIAA points to tax evasion Kathmandu, May 17:The Commission for Investigation of Abuse of Authority (CIAA) today instructed the ministry of finance to look into capital gain tax evasion on share transactions at the Nepal Stock Exchange.The anti-graft body issued the instruction... 17 May, 2007
AFCL to become a dev bank Kathmandu, April 29:Nepal Rastra Bank (NRB) in principle has agreed to upgrade Ace Finance Company Ltd (AFCL) into a development bank. The central bank issued a letter recently with the terms for the upgrade, states an AFCL press release here. As Ace... 29 Apr, 2007
Bulls call shots at Nepse Kathmandu, April 2:The bull trend in Nepal Stock Exchange (Nepse), the country’s sole secondary capital market, continued for the second day with a sound growth of over Rs 1.41 billion in market capitalisation. The Nepse index, a barometer to gauge... 02 Apr, 2007
BONDS IN BONDS: Three deals in four months Kathmandu, March 6:Only three transactions in government development bonds have taken place since their inception in December 2006. To generate funds from the public, the government floated development bonds worth Rs 4.95 billion and listed them at... 07 Mar, 2007
BIZ BRIEFS NIBL lists bondKATHMANDU: Nepal Stock Exchange Ltd (NSEL) has listed the 250,000 units of Nepal Investment Bank Ltd (NIBL) bond with a paid up value of Rs 1,000 each. Rewat Bahadur Karki, GM of NSEL and Jitendra Basnyat, senior GM at NIBL signed an... 22 Feb, 2007
BIZ BRIEFS Mobile phone sales upBEIJING: Sales of mobile telephones in China increased by 40 per cent year-on-year to 120 million units in 2006. China has become one of the world’s largest handset markets. nd its sales will likely to surge to 150 million units... 05 Feb, 2007
Margin lending stokes craving for stocks Kathmandu, January 26:Investment in stock market has witnessed an unprecedented growth thanks to ‘margin lending’, a short-term lending scheme from financial institutions for investment in shares. Banks, finance companies and cooperatives all are... 26 Jan, 2007
Sensex to make market receptive Kathmandu, January 7:As the Nepali stock market gets modernised with some reforms to bring in stability in share prices and develop it as a barometer of the economy within a free market system, a Sensitive Index (Sensex) has been introduced in the... 07 Jan, 2007
