BIZ BRIEFS
BIZ BRIEFS
ByPublished: 12:00 am Oct 31, 2008
FNCCI peeved
KATHMANDU: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) on Friday voiced dismay at the goevrnment decision on wages of industry workers. It said the one-sided decision would make it harder for industrialists to run their industries as they would be unable to afford the minimum wage demanded by workers. FNCCI urged the government to reconsider its decision and also called for holding talks among the trade unions, FNCCI and the government. — HNS
CEDB’s 365 days
KATHMANDU: Clean Energy Development Bank Ltd will begin 365 days banking service at its Birtamod Branch from November 1. According to a bank statement, counters will stay open for limited cash transactions and remittance payment from 11 am to 2 pm even on holidays. The bank will also provide ABBS service on holidays. — HNS
HBL’s 29th ATM
KATHMANDU: Himalayan Bank Ltd (HBL) set up its 29th ATM counter on Wednesday at Ason Bazar here. The bank already has 28 ATMs in different parts of the country. It plans to set up four more ATMs in different parts of Kathmandu within the month and 20 ATMs by the end of the current financial year. — HNS
Kerosene haul
LAHAN: Police on Friday seized kerosene worth Rs 1.5 lakh that was being smuggled into the country after avoiding taxes. Nine drums of kerosene were being transported to Sukhipur of Siraha district when the police swooped down. The kerosene reportedly belonged to Manakamana Trade Link at Sukhipur. — RSS