Pokhara Finance Limited to Merge with Commercial Bank
Pokhara Finance Limited, headquartered in Pokhara, has started the process of merging with a leading commercial bank in Nepal. The merger aims…
NYEF Startup Awards 4.0 Celebrates Innovation and Excellence in Nepalese Startups
The Nepalese Young Entrepreneurs Forum (NYEF) Kathmandu Chapter successfully hosted the Global IME Bank Presents NYEF Startup Awards 4.0 at…
Nepal Rastra Bank Mandates Use of National Identity Cards for Bank Account Openings
Nepal Rastra Bank (NRB) has issued a new directive requiring banks and financial institutions to use the National Identity Card (NID) as the…
Neta: A Rising Star in the EV Market of Nepal and Thailand
Neta, a Chinese electric vehicle (EV) brand, has achieved success in many Asian countries. In Nepal, where CG Motors serves as the official…
ICRA Nepal Upgrades Seed Energy Limited’s Credit Rating
ICRA Nepal has recently revised the credit rating of Seed Energy Limited, upgrading it from “[ICRANP-IR] BB-” to…
NIC Asia Bank Announces Auction for Promoter Shares of Multiple Companies
NIC Asia Bank Limited has announced the auction for the promoter shares of several companies. The auction will take place from 25th Poush to…
Joshi Hydropower Development Company Announces 9th and 10th Annual General Meeting
Joshi Hydropower Development Company Limited (JOSHI) is going to conduct its 9th and 10th Annual General Meetings (AGMs) following the board…
ICRA Nepal Rates Lumbini Cable Car Limited [ICRANP-IR] B+
ICRA Nepal Limited has assigned a rating of [ICRANP-IR] B+ to Lumbini Cable Car Limited. This rating indicates that the company faces a high…
Jagdulla Hydropower Denounces Allegations Regarding Project Bidding Process
Jagdulla Hydropower Company Limited has strongly objected to allegations targeting Energy, Water Resources, and Irrigation Minister Deepak…
Stock Market Drop Leads to Discussions in CPN-UML
The continuous fall in Nepal’s stock market has raised concerns within the ruling party, CPN-UML. The NEPSE index, which reflects the…