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Top Headlines: Parties claim deal almost at hand. Maoists to follow partys majority decision on peace process. (Source: The Kathmandu Post) Big fish on list of VAT defaulters. Report brings multibillion rupee scam to light. (Source: The Kathmandu Post) Few banks show interest on credit insurance. DCGC witnessed only one percent increment in loan insurance in the last fiscal year. (Source: The Himalayan Times) Local market witnessed Rs.200/tola jump in a gold to Rs.52,898 from last Wednesdays closing of Rs.52,698. (Source: The Himalayan Times) Government support for ailing industries. Sick industries indifferent to governments incentives offer. (Source: The Kathmandu Post) Government has been unable to spend on development activities. (Source: The Himalayan Times) Government to launch on-site monitoring of foreign employment agencies. (Source: The Kathmandu Post) Lumbini hotels face booking cancellations. With a large number of hotels depending on Thai pilgrims, a dramatic dip in their numbers has travel trade entrepreneurs worried. (Source: The Kathmandu Post) Gorakhali Rubber stops production. Not able to buy raw material in time due to cumbersome, lengthy process that Public Procurement Act entails. (Source: Republica) InidGo starts Kathmandu flight from Friday. Including the new airliner six Indian airlines fly to Nepal. (Source: The Himalayan Times) Nepal Army wont open Bhadrakali road. PM discussing alternative route. (Source: Republica)
International Business: India-EU FTA likely by February. The free trade pact would involve slashing of duties on over 90 percent of the trade. (Source: The Kathmandu Post) G20 meeting. Europe seeks US, China quid pro quo. (Source: The Kathmandu Post) Mario Graghi, known as Super Mario, new ECB head in debt crisis. (Source: The Kathmandu Post) Asia Pacific tourism arrivals up by six percent. (Source: The Himalayan Times)
MARKET INFORMATION
As of 13th Kartik, 2068 Index NEPSE Sensitive Float Sen. Float NEPSE Sub-Indices Banking Hotels Dev. Bank Hydropower Finance Insurance Manu.& Pro. Others Current Points Change %Change
Market Summary
Total Turnover Rs: Total Traded Shares Total Transactions Total Scrips Traded
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General News: Citizens Bank International became the second commercial bank to get its individual deposits up to Rs.200,000 insured. (Source: The Kathmandu Post) Tourism Development Bank (TDB) has entered into an agreement with International Money Express (IME) in order to make payment for remittances. (Source: The Himalayan Times)
Auction Share: Citizens Bank International is selling 76,875 units promoter share of its defaulters on auction from today (14th Kartik 2068). (Source: Arthik Abhiyan)
Bonus/Right Share/Cash Dividend: BOD meeting of DCBL Bank Limited has proposed to distribute 4.12 percent bonus share to its shareholders subject to approval from NRB and its upcoming AGM. (Source: Karobar Daily)
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COST ACCOUNTING:
Cost accounting information is designed for managers. Since managers are taking decisions only for their own organization, there is no need for the information to be comparable to similar information from other organizations. Instead, the important criterion is that the information must be relevant for decisions that managers operating in a particular environment of business including strategy make. The accountants who handle the cost accounting information generate add value by providing good information to managers who are taking decisions.. The cost-accounting system is the result of decisions made by managers of an organization and the environment in which they make them.
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VENUE/TIME Hotel Fewa Prince, Pokhara (8:30 AM) Amrit Bhog, Kalikashtan, Kathmandu (10:00 AM) Amrit Bhog, Kalikasthan, Dillibazar, Kathmandu (10:00 AM) Hotel Viswa, Birgunj (Parsa) (10:30 AM) Hotel Pokhara Grand, Birauta, Pokhara(9:30 AM) Chamber of Commerce, Narayanghad, Chitwan (10:00AM) Nepal Academy Hall, Kamaladi, KTM (2:00PM) Nepal Academy, Kamaladi, KTM (3:00 PM) Army Officers Club, Bhadrakali, KTM (11:00 AM)
MEETING AGENDA DATE 19 Financial Highlight 2067/68 Kartik 20 Kartik 25 Kartik 28 Kartik 30 Kartik 2 Mangsir 5 Mangsir 6 Mangsir 10 Mangsir Financial Highlight 2067/68, 7.11% Cash Dividend and 15.02% Bonus Share to its shareholder Financial Highlights 2067/68, 25% cash and 25% stock dividend. Financial Highlight 2066/67. Financial Highlight 2067/68, 14.69% Bonus Share to its Shareholder Financial Highlight 2067/68, 10% Bonus Share to its Shareholders Financial Highlight 2067/68, 30% Cash Dividend to its shareholders. Financial Highlight 2067/68 Financial Highlight 2067/68, 12.5% Bonus Share and 5% Cash Dividend to its Shareholder
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