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Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank. 7
Business | Market | Economy

Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.

  The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent. According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic

The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital. 9
Business | Market | Economy

The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.

  One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in

Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE 11
NEPSE NEWS

Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications. The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital

The Sagarmatha Jalbidhyut Company's Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each. 13
IPO | FPO

The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.

Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters. Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and

Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. 17
Business | Market | Economy

Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.

Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80. According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba

How to Renew Driving License in Nepal 25
Government Related

How to Renew Driving License in Nepal

You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to

Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal. 27
Business | Market | Economy

Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal.

Rumors have been circulating on the internet about the arrival of Samsung’s all-new A series smartphone in Nepal. With the global release of the Samsung Galaxy A34 5G and Galaxy A54 5G, there has been speculation in the Nepali market about when the fantastic new addition to Samsung’s beloved A-series phones will arrive in Nepal.

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