12th December 2025, Kathmandu The financial market is abuzz with news from First Microfinance Laghubitta Bittiya Sanstha (FMFL). The institution has officially announced the sale of a significant block of its promoter shares. First Microfinance Share Sale This move involves placing nearly 1 lakh shares on the market. Specifically, 97,980 shares belonging to the promoter […]
5th December 2025, Kathmandu NEA Grid Automation has reached a significant milestone as seven older grid substations operated by the Nepal Electricity Authority (NEA) have successfully transitioned to an automated system. NEA Grid Automation This move is part of the NEA’s long-term strategy to modernize the country’s power infrastructure, transforming it into a more efficient, […]
20th November 2025, Kathmandu In a significant move to bolster Nepal’s digital defenses, the Nepal Engineers’ Association (NEA) has formally received the proposed syllabus for its ambitious Cybersecurity Upskilling Training Program. NEA Lead Cybersecurity Upskilling The syllabus, presented by the NEA Cybersecurity Training Syllabus Committee, marks a pivotal step toward professionalizing and standardizing the cybersecurity […]
16th November 2025, Kathmandu National Life Insurance Company Limited has announced its financial results for the first quarter of the current fiscal year, revealing continued strong growth in its core business and the monumental size of its life insurance fund. National Life Earns Profit While the company’s net profit showed only a marginal rise, the […]
9th November 2025, Kathmandu The Nepal Electricity Authority (NEA) has issued a stern appeal to the public, urging them not to be misled by false information circulating in media and social platforms. Nepal Energy Import Stability This campaign of misinformation is specifically targeting Energy Minister Kulman Ghising and NEA Executive Director Manoj Silwal concerning the […]
4th November 2025, Kathmandu FonePay Payment Services Limited, Nepal’s leading Payment System Operator (PSO), has called its Annual General Meeting (AGM) for November 10, 2025, with a pivotal agenda that includes a cash dividend proposal and the formal process to initiate an Initial Public Offering (IPO). FonePay Proposes Cash Dividend This AGM marks a critical […]
3rd November 2025, Kathmandu Nepal’s tourism industry is showcasing remarkable resilience and strength. Nepal Tourism Recovery 2025 New data confirms a strong Nepal Tourism Recovery 2025 is underway, with international arrivals in October reaching 128,443 visitors. This figure represents a 3.3% increase from the same period last year. Crucially, it signifies a nearly 96% recovery […]
3rd November 2025, Kathmandu A significant development has occurred regarding the long-standing dispute over electricity premium tariffs. Rupandehi Industries Electricity Dues Four industrial firms operating in Rupandehi have successfully paid the first installment of their outstanding dues for consuming electricity via the dedicated and trunk power lines. This action addresses the premium tariff component of […]
2nd November 2025, Kathmandu Nepal’s eagerly awaited first modern road tunnel, the Nagdhunga-Sisnekhola Tunnel, prepares for full operation. Nagdhunga Tunnel Operation Tender The Nagdhunga Tunnel Construction Project office has initiated a crucial step. They issued an international competitive bidding (Nagdhunga Tunnel Operation Tender) on Sunday. This tender aims to select a competent service provider. The […]
29th October 2025, Kathmandu Hulas FinServ Hire Purchase Limited, a key non-banking financial institution under the venerable Golchha Group, is setting the stage for a highly anticipated Initial Public Offering (IPO) in the Nepalese capital market. Hulas FinServ Prepares for IPO This public offering follows a period of exceptional financial and operational performance, underscored by […]
15th October 2025, Kathmandu In a significant move that holds immediate relevance for its existing promoter base, Narayani Development Bank Limited (NABBC) has officially announced the sale of a substantial block of founder shares. NDBL Founder Shares Up for Sale The bank is offering 192,777 units of founder shares, a process that is strictly governed […]
28th September 2025, Kathmandu The Nepal Electricity Authority (NEA) has initiated a rigorous campaign to recover significant outstanding payments from its large-scale power consumers who receive electricity through dedicated and trunk lines. NEA Issues Ultimatum The Nepal Electricity Authority (NEA) has initiated a rigorous campaign to recover significant outstanding payments from its large-scale power consumers […]
26th September 2025, Kathmandu The Nepali stock market is preparing for a notable event as the six-month lock-in period for 72,000 shares of Pure Energy Limited is set to expire on Kartik 11, 2082 (October 28, 2025). Pure Energy Lock-In Period These specific shares were allocated to mutual funds during the company’s Initial Public Offering […]
21st September 2025, Kathmandu The Government of Nepal has released approximately NPR 10 billion in interest subsidies for concessional loans. The funds were disbursed within the first quarter of the current fiscal year to the Nepal Rastra Bank (NRB) to settle pending reimbursements to banks and financial institutions for interest payments on these loans. Government […]
21st September 2025, Kathmandu A fire at the Internal Revenue Office (IRO) in Birgunj, caused by a violent outbreak during the recent “Gen Z movement,” has resulted in an estimated loss of nearly NPR 10 million (approximately USD 75,000) in equipment. Fire Causes Loss A fire at the Internal Revenue Office (IRO) in Birgunj, caused […]
15th September 2025, Kathmandu In a move that has been widely anticipated by the public and a source of apprehension for major industries, newly appointed Minister for Energy, Water Resources and Irrigation, Kulman Ghising, has directed the Nepal Electricity Authority (NEA) to begin immediate collection of long-overdue payments from dedicated trunkline users. Kulman Ghising Dedicated […]
15th August 2025, Kathmandu Himalayan Life Insurance Limited reported a mixed financial performance for the fiscal year 2024/25, with a 13.71% decline in net profit to NPR 54.69 crore from NPR 63.38 crore. Himalayan Life Insurance Shows Strong Growth This was primarily due to a significant rise in both operational costs and claim payouts. However, […]
15th August 2025, Kathmandu National Life Insurance Company Limited faced a sharp 56.22% decline in its net profit for fiscal year 2024/25, settling at NPR 412.8 million from NPR 942.8 million. National Life Boasts Profit This downturn was primarily due to higher claims and operational costs. However, the company demonstrated resilience and long-term strength with […]
30th July 2025 Kathmandu Nepal’s skies are on the cusp of a significant transformation as the government moves closer to the long-anticipated institutional separation of the Civil Aviation Authority of Nepal (CAAN). Bill to Divide CAAN A landmark bill, the Nepal Aviation Service Authority Bill, 2081, is now poised for passage in the current session […]
26th May 2025, Kathmandu Nepal Bank Limited (NBL) is empowering its customers with a new way to pay their electricity bills through an advanced Mobile Banking App. This move supports the bank’s mission to promote digital banking and increase convenience for users across Nepal. Pay NEA Bills Online Simplifying Electricity Bill Payments Previously, paying electricity […]
1st May 2025, Kathmandu The Government of Nepal has introduced a new change to the health insurance system. Citizens can now use hospitals near where they live to get insurance services. This means they no longer have to travel to their original registration place to access care. Nepal Health Insurance Local Access Cabinet Approves New […]
17th April 2025, Kathmandu Hitendra Dev Shakya, the Executive Director of the Nepal Electricity Authority (NEA), has been appointed as the new Chairman of Upper Tamakoshi Hydropower Limited (UTHL). Upper Tamakoshi Chairman Appointment The company’s board made this unanimous decision during its 296th meeting on Chaitra 29, 2081 BS (April 11, 2025). NEA Nominates Shakya […]
25th March 2025, Kathmandu The government has removed Kulman Ghising, the Managing Director of Nepal Electricity Authority (NEA). The Cabinet meeting on Monday made the decision, to appoint Hitendra Dev Shakya as his replacement. Nepal NEA Chief Kulman Ghising Fired Ghising, credited with ending Nepal’s chronic power shortages, was dismissed while working in a remote […]
28th February 2025, Kathmandu The Nepal Electricity Authority (NEA) recorded a profit of NPR 11.36 billion during the first six months of the current fiscal year 2081/82 (2024/25). This financial success is attributed to increased electricity sales, exports, and effective cost management. NEA Mid-Year Profit Revenue and Expenses In the six months from Shrawan to […]
16th February 2025, Kathmandu The Nepal Electricity Authority (NEA) has received a ‘Double A Plus’ rating for the third consecutive year. This recognition was awarded by ICRA Nepal Ltd., which assessed the NEA’s financial health, business risks, management capacity, and operational effectiveness. NEA ‘AA+’ Credit Rating 2024 ICRA Nepal’s Comprehensive Assessment ICRA Nepal rated NEA […]
16th January 2025, Kathmandu Sanima Bank is offering nearly 50,000 shares for sale. Of these, 49,050 shares come from the founder group. Each share is priced at NPR 145. Sanima Bank Shares Sale NPR 145 This sale provides a valuable opportunity for both existing shareholders and new investors. It’s a chance to invest in one […]
10th December 2024, Kathmandu Nepal Engineers’ Association (NEA), in collaboration with the Nepal Geological Society (NGS), is set to host the NEA Weekly Talk Program on the topic, “The Himalayan Hazard: Post-Event Assessment of Thame’s GLOF” (Glacial Lake Outburst Flood). NEA Weekly Talk 2024 The event will feature an insightful session by Er: Dr. Keshab […]
27th November 2024, Kathmandu Nepal Electricity Authority (NEA) has announced that it will disconnect the electricity supply to industries with outstanding bills. This decision was made during the NEA Board’s meeting on Wednesday. NEA Halts Power Cuts for Industries Exploring Alternative Revenue Recovery Options In addition to the disconnection decision, the NEA Board has agreed […]
15 September 2024, Kathmandu Subashchandra Baral, a candidate from the Democratic Engineers Group affiliated with the Nepali Congress, has been elected as the President of the Nepal Engineers’ Association (NEA). Subashchandra Baral Elected NEA President Baral defeated his closest rival, Bishnu Prasad Pandey, to claim the leadership position. Baral secured 4,842 votes, while Pandey received […]
7 August 2024, Kathmandu Investors in Himalayan Reinsurance, a privately promoted reinsurance company, are poised to see substantial returns on their investments. Himalayan Reinsurance Shares Soar The company’s shares, currently priced close to Rs. 1,000, are set to deliver returns from premiums on sold shares and last fiscal year’s profits. Financial data from the first […]