KIST holds third AGM

KATHMANDU: The third AGM of KIST Merchant Banking and Finance Ltd was held here on Thursday. Hirendra Man Pradhan, Chandra Kumar Rai, Ram Prasad Dahal, and Kamal Prasad Gyawali were elected to the board from promoters. Likewise Madhusudhan Paudel and Q E D Investment Pvt Ltd were elected from shareholders. — HNS

Illegal herbs seized

SUNSARI: Police have seized illegal herbs being peddled by an Indian trader in the local bazaar. According to the area police office, the peddler has been selling illegal herbs over the past few days without any certification. The herbs were seized in response to complaints from the Consumers’ Forum and the town police. — RSS

Training concludes

URLABARI: A three-day long free house wiring training held at Belbari VDC by Cottage and Small Industries Office, Morang, concluded here. Some 14 youths from different VDCs in the district were trained on house wiring and other electric works. — RSS

Chinese exports increase

BEIJING: China’s export-driven economy continued to gather pace in February, with exports adding another $4.62 billion to its global trade surplus. — AFP

Consumer sentiment

SEOUL: South Korea’s consumer sentiment improved for the second straight month in February, bolstering hopes of an early economic recovery. — AFP

V’zuala to double output

PARIS: Venezuelan president Hugo Chavez on Wednesday gave the green light for the French oil giant Total to move ahead with a major project that will double its production there. — AP