NICBL in Malangawa KATHMANDU: NIC Bank Ltd opened a new branch in Malangawa of Sarlahi district on Thursday. It will provide a full range of products and services including all modern day banking facilities like trade finance, remittance, business banking, ATM debit cards, drafts, SMS banking and traveller cheques. The bank recently announced 15 per cent bonus shares and 0.79 per cent cash dividend for the year 2008-09. Sunrise’s remit KATHMANDU: Sunrise Bank Ltd has introduced Suryodaya Remit Savings account targeting Nepali migrant workers. The bank introduced remittance service since last year. The service has extended to 10 countries where majority of Nepalis are working. Under the new scheme, the account can be opened from the remittance collection counters of destination countries. Sunrise Bank will provide interest up to 7.25 per cent, two credit cards to the account-holder and his/her family living in Nepal. If the account is in US dollars, it will provide 2 per cent interest, said general manager Suman Neupane.

KATHMANDU: Fishtail Air Pvt Ltd has decided to base itself in Pokhara from Friday to provide air services in the western region. The management of Fistail Air has taken the decision to provide rescue services in Annapurna, Dhaulagiri and Manaslu regions as well as passenger services for pilgrims going to Muktinath and Damodar Kunda. Fishtail will base one helicopter in Pokhara throughout the year IME’s DTH service KATHMANDU: IME Group is planning to start direct-to-home (DTH) service in Nepal within April 2010 through the brand name Home TV. The new service will have facility of 80 TV channels along with movies and songs on demand and games. IME’s new service will be broadcast through KU band. Currently, the service is provided by India-based operators. IME group got the permission from the Ministry of Information and Communication to operate its own DTH service .