Should Nepal launch a second stock exchange? Here’s what you need to know

Nepal’s capital market, historically monopolized by the Nepal Stock Exchange (NEPSE), faces limitations amidst rapid economic growth and global financial shifts. A single exchange can no longer adequately address future challenges and opportunities, making structural reforms and modernization crucial. The establishment of a second stock exchange is a prominent topic, with three companies already applying for licenses. This article will explore the future of Nepal’s capital market, including its history, current hurdles, prospects, the importance of competition, and international practices, emphasizing its role in national economic development.

Why another stock exchange? A look at history and policy