Stories By 'Rajesh Khanal'
The task force formed by the Ministry of Finance to study the current status of the capital market is expected to recommend policy to discourage listed companies from issuing further public offerings (FPO).
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Nepal Stock Exchange (Nepse) last week rose 27.94 points to close at a 1,148.78 points after the government stepped in to address the ‘interest rate war’ and underlying problems with the country’s only secondary market, which had been in freefall. Some investors even started a hunger strike to shine the spotlight on problems with the sector.
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The tankers are locked after loading cargo at the Indian Oil Corporation’s depot in India, and are unlocked when they arrive in Nepal
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A recent directive issued by the Department of Food Technology and Quality Control requires milk producers to implement best hygiene practices when producing, storing and distributing milk to comply with good manufacturing practices (GMP).
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Nepal Oil Corporation, which has been without a chief for more than a year, is likely to get a new managing director soon as its line ministry plans to send the names of the three final nominees to the next Cabinet meeting for its approval.
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The Ministry of Finance plans to create a task force including capital market experts to study the performance of the stock exchange and make policy recommendations to the government.
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