Kathmandu – In a landmark move to bolster data privacy and cybersecurity frameworks in the Asian region, Singapore-based Data Protection Experts Asia Sdn Bhd (DPEX Asia) and Nepal’s leading cybersecurity firm, One Cover Pvt. Ltd., have signed a Memorandum...

Kathmandu – The Nepal Insurance Authority (NIA) has directed Guardian Micro Life Insurance to postpone its planned special general meeting (SGM) and suspend the issuance of right shares, following regulatory concerns. The move comes in response to the company’s...

Kathmandu – MetLife Nepal has introduced a new insurance plan, ‘Double Protection Plus (DPP)’, marking a first-of-its-kind offering in the country that integrates high insurance protection with long-term savings benefits. The insurance plan which was launched at a special...

Kathmandu — Star Micro Insurance Company Limited has announced that it will hold its second Annual General Meeting (AGM) on Baisakh 29 (May 12) at its registered office in Janakpur. The meeting is scheduled to begin at 1 PM....

Kathmandu – The growing burden of bad loans has pushed Nepal’s commercial banking sector into deep financial stress, as recovery challenges continue to mount. The latest data up to the end of the Chaitra month of the fiscal year...

Kathmandu — The profit of national-level development banks has exceeded Rs 3 billion in the third quarter of the current fiscal year 2081/82. According to financial reports published by the banks, eight national-level development banks operating in the country...

Kathmandu – IME Life Insurance Company Limited has appointed Sushila Roka as its Goodwill Ambassador for 2025 under the company’s flagship program, the ‘Saral Sawadhik Jeevan Beema Yojana’. The official announcement was made during a special event organized by...

Kathmandu – Shikhar Insurance has been awarded the ISO/IEC 27001:2022 certification, a globally recognized standard for information security management systems. The ISO/IEC 27001:2022 certification is a testament to Shikhar Insurance’s adherence to international standards in its policies, procedures, and...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has announced that its 28th Annual General Meeting (AGM) will be held on Baisakh 28 (May 11) at 10 AM at Ranimahal Banquet, Dnyaneshwor, Kathmandu. According to the company, the AGM...

Kathmandu — Sanima Reliance Life Insurance Limited has announced the sale of 177,875 units of promoter shares, exclusively for the company’s existing promoter shareholders. According to the company, interested promoter shareholders must submit their applications to the central office...