IME enters fourth year

KATHMANDU: International Money Express (IME) is entering fourth year of its service from tomorrow. Established in 2002, IME is the first money transfer agency to have been accreditation from Nepal Rastra Bank and Bank Negara Malaysia for inward remittance transfer from Malaysia to Nepal. The company has so far spread its wings to 60 town in 40 districts of the country, whereas agreement with Rastriya Banijya Bank and Agriculture Development Bank has helped it to establish its presence throughout the country. IME has recently started inflow of remittance from Gulf countries, UK and USA as well, states a press release issued by the company here today. — HNS

Economic promotion

KATHMANDU: The second session of the economic promotion discussion organised by GTZ/ Private Sector Promotion, Rural Finance Nepal was held here yesterday. The theme of the programme was how to attract foreign direct investment in Nepal. Adam Friedenson, general secretary of Foreign Investments in Nepal, Indraji Lahari, director Asian Paints, Dr Posh Raj Pandey, president of SAWTEE and Sukhwinder Sing, resident representative of IMF were the panelists of the discussion. — HNS

CCIA in Doha expo

KATHMANDU: Central Carpet Industries Association (CCIA) is showcasing Nepali hand-woven carpets at the Promotion Nepa-2005, scheduled for June 14-18 in Doha, Qatar. Samik Bikram Shah, member of CCIA, is representing the association alongwith carpet entrepreneurs in the exhibition, which is scheduled to be inaugurated by King Gyanendra, while taking part in the Second South Summit of G-77. CCIA has expected that the fair would be instrumental in promoting Nepali exportable items as well as exploring new markets for Nepali products. — HNS