NBIC turns 10

KATHMANDU: NB Insurance Company Ltd entered 10 years of service on Sunday. The company has booked operating profit Rs 33 million in the first six months of the fiscal 2009-10. It earned Rs 86.3 million from insurance fee. The insurance has seven branches, five sub-branches and a network of 1720 investors.

Nepal-China pact

KATHMANDU: Nepal Chambers of Commerce (NCC) and its counterpart of Sichuan province of China have signed a pact to work for promoting bilateral trade and

commerce. Other South Asian nations Afghanistan, Bangladesh,

Maldives, Pakistan and Sri Lanka’s chambers of commerce also signed bilateral agreements with Sichuan chamber in South Asia-China Trade promotion seminar recently held in Chengdu.