Biz briefs

NTB donates Rs 18,953

KATHMANDU: Employees of Nepal Tourism Board (NTB) has donated Rs 18,953 to fire victims of Fungling bazaar, Taplejung district. Tek Bahadur Dangi, CEO of NTB handed over the cash to Yankila Sherpa, Upper House MP and coordinator of the finance committee of Fungling Bazaar Relief and Reconstruction Committee. The district headquarters of Taplejung district was gutted on March 28. — HNS

Aussie aid for eye hospital

TAPLEJUNG: The Dichen Dongala Eye Treatment Centre in Taplejung run by Nepal Netrajyoti Sangh is to receive a financial assistance of Rs 720,000 from Australian students. The centre is named after Dichen Dongala, a resident of Olanchunggola VDC of Taplejung, who died in a car accident when he was studying in Australia. The amount was collected by the Australian classmates of Dichen. — RSS

Organic fertiliser training

UDAYPUR: A one-day long compost and organic fertiliser making training programme organised at Jalpa Chilaune VDC concluded here on Sunday. The training was organised with a view to preparing fertiliser locally and reduce the use of chemical fertiliser, social mobiliser Dilip Rasaili said. 26 persons, including five women took part in the training. — RSS

ADB recovers loan

POKHARA: Agriculture Development Bank (ADB), regional office Pokhara has recovered a total of Rs 1.79 billion development banking loan from its clients. The bank has targetted to float Rs 1.35 billion loan and recover Rs 1.6 billion, including capital and interest amounts in the next fiscal year. The proposed plan is said to be more ambitious than that of the previous year. — RSS

Dhakal inaugurates meet

BUTWAL: Chandi Raj Dhakal, first vice-president of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) inaugurated the meeting of newly formed advisory body of FNCCI branch, Butwal on Monday. The advisory body was constituted with the aim to making efforts to resolve the problems of industrialists and entrepreneurs related to import and export. Shedding light on the adverse impacts of strikes and blockades to the Nepali industries and trade, he demanded for the withdrawal of general strike called by five political parties. — RSS

Small farmers’ bank

Kathmandu: The Small Farmers Development Bank Ltd (SFDBL), established and promoted by the Agricultural Development Bank (ADB), has been successful in earning Rs 30,931,000 in

interest and other heads by the end of fiscal year 2003-04. The SFDBL was established with the objective of providing bulk loans and re-loans to the small farmers’ co-operative institutions and other micro finance institutions involved in poverty reduction in the rural areas in Nepal. — RSS