Government Allows Nepali Listed Companies to Access Foreign Stock Markets
Summary
Nepal's government allows companies listed on the domestic stock exchange to list on foreign stock markets and issue Global Depository Receipts to raise international capital.
Key Points
- The government permits Nepali listed companies to also be listed on foreign stock exchanges.
- Companies can issue Global Depository Receipts (GDRs) to access international capital markets after completing required procedures.
- This policy aims to integrate Nepal's capital market with global financial systems and enhance competitiveness.
- The initiative is expected to attract foreign investment and expand funding options for Nepali companies.
