Nepal Business News

A new listing at a premium is what every market wants and the NZX got one today with the debut of outdoor retailer Kathmandu. Kathmandu shares started at 222 and closed at 223, which is a premium to the 213...

The institutional bookbuild for the stock closed yesterday afternoon after the retail part of the transtasman float closed on Friday. The price is at the lower end of the range the company indicated of A$1.65 to A$1.90. Kathmandu's private-equity owners,...

New Zealand and Australia, will file a prospectus for an initial public offering of as much as $400 million on Monday, two people familiar with the matter said. The Christchurch-based company, owned by Goldman Sachs JBWere and Quadrant Private Equity,...

The CPN(UML)-led government was on Wednesday finally able to endorse the budget for the current fiscal year. The major opposition party, Unified Communist Party of Nepal (Maoist) had been obstructing Parliament for the last three months. The Maoists agreed to...

Founded in 1987, Kathmandu was bought out by Goldman Sachs JBWere and Quadrant Private Equity in 2006, and the company says it has opened 36 new stores since then to have a total of 85 stores in Australia and New...

The Government of Nepal and the World Bank signed two agreements here today totaling US$ 109.2 million in assistance for Nepal’s development priorities in the energy and agriculture sectors. The agreements were signed and exchanged between Finance Secretary Rameshore Khanal...