Government to Expand Health Services in Upcoming Fiscal Year 2082/83, Improve Health Insurance

Kathmandu – The Government of Nepal has laid out an ambitious roadmap to decentralize specialized medical services and transform the country’s health infrastructure. The new plans, outlined in the national policy and program for the upcoming fiscal year, signal...


Prabhu Mahalaxmi Life Insurance Announces Dividend for Shareholders

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced a total dividend of 8.421 percent for its shareholders from the profit. As per the decision made during the company’s board meeting held on Baisakh 17 (April 30), the proposed...


US Tariffs Trigger Financial Strain on China’s Insurance Sector

China’s insurance sector is under growing pressure following the United States’ imposition of steep new tariffs on Chinese exports, a move expected to intensify financial risks across key insurance lines and slow premium growth. According to GlobalData (a leading...


Neco Insurance Calls 29th AGM to Approve 7% Bonus Shares and Cash Dividend

Kathmandu – Neco Insurance Limited has announced the date for its 29th Annual General Meeting (AGM), scheduled for Jestha 9 (May 23) at 11 a.m. at Lisara Reception, Naxal. The company will seek shareholder approval for a set of...


Citizens Can Now Access Health Insurance Benefits from Their Place of Residence

Kathmandu – The Government of Nepal has approved key amendments to the Health Insurance Regulations, allowing insured citizens to access benefits directly from their current place of residence. The Cabinet endorsed the proposal presented by Minister of Health and...


IME Life Insurance Offers 20% Discount on Lumbini Cable Car Tickets

Kathmandu – IME Life Insurance Company has entered into a partnership with Lumbini Cable Car Pvt. Ltd., offering a 20 percent discount on cable car tickets to its insured members, agents, and employees. According to the agreement, insured individuals...


Prabhu Mahalaxmi Life Insurance Announces Sale of Promoter Shares

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 738,500 units of promoter shares. These shares are currently being offered to the existing promoter shareholders of the company. According to the notice issued by the company,...


Eye Health to be Included in National Health Insurance: PM Oli

Kathmandu – Prime Minister KP Sharma Oli on Tuesday announced that eye health services will be formally integrated into Nepal’s national health insurance program (NHIP) to bolster universal healthcare and reduce preventable vision loss. The announcement was made during...


Commercial Banks Pay Over Rs 19 Billion in Income Tax; Seven Banks Contribute More Than Rs 1 Billion

Kathmandu – Commercial banks have contributed over Rs 19.15 billion in income tax to the government in the first nine months of the current fiscal year 2081/82, an increase of 9.94% compared to the same period last year. In...


Banks Earn Nearly Rs 7 Billion from Stock Market in Nine Months

Kathmandu — Commercial banks have earned nearly Rs 7 billion from the stock market in the first nine months of the current fiscal year 2081/82. According to financial data, the 20 operating commercial banks collected Rs 6.88 billion in...