Corporate Finance
Nepal receives twice as much FDI (Rs 61.78 billion).
For the first time, the Cayman Islands, a British overseas territory in the Caribbean, have committed to invest Rs13.10 billion in Nepal.
The president exhorts Japanese investors to fund tourism, agriculture, and water resources.
President Ramchandra Paudel praised Japan for its support of Nepal, highlighting the strong people-to-people relationship and the cultural link between Nepal and Japan.
In a single year, electricity exports totalled Rs 16 billion 93 crore.
In the previous year, 16.81 billion rupees were imported and 16.93 billion rupees were exported as electricity.
As Nepal shifts to "easing," rates are lowered and payments are extended.
The nation's central bank has finally acknowledged that there has been a "economic slowdown" over the last two years.
For foreign job seekers, NRB will offer loans without collateral.
KATHMANDU, July 26: As part of its monetary policy for the current fiscal year 2024–2025, Nepal Rastra Bank (NRB) has made loans to people seeking work abroad collateral-free.
NRB to examine interest rates on microloans
KATHMANDU, July 26: The interest rate on loans that microfinance enterprises will offer will be reviewed by the Nepal Rastra Bank (NRB).
To support the main budget initiatives, the government creates special measures.
Government has introduced additional provisions to its monetary policy to streamline financing procedures, particularly for agricultural commodities mortgages.
Global IME Bank Limited has appointed Laxmi Sunrise Capital Limited to oversee the issuance and sale of debentures totaling five billion rupees.
Laxmi Sunrise Capital Limited has been designated by Global IME Bank Limited to supervise the issue and sale of debentures amounting to five billion rupees.
Government did not meet its targeted revenue collection, achieving 74.44% of the goal.
The government's revenue fell short of expectations, which could impact fiscal planning and budgetary allocations for future periods.
Budget Will Not Impede Government's Goals Finance Minister Bishnu Prasad Paudel Assures
Bishnu Prasad Paudel has composed that the budget presented by the prior government will not obstruct the execution of the newly formed government's vision and goal.
NEA's profit in nine months exceeds 11 billion
Nepal Electricity Authority (NEA) has reported a profit exceeding Rs 11 billion in the first nine months of the current fiscal year, 2080-81 BS (2024-25).
Lower Erkhuwa Hydropower Company to Issue IPO
Lower Erkhuwa Hydropower Company has submitted an application to Securities Board of Nepal (SEBON).