BIZ BRIEFS

Kumari goes Urlabari

KATHMANDU: Kumari Bank on Thursday opened its 19th branch at Urlabari in Morang. According to the bank, it is planning to open its branch offices at Budhanilkantha and Koteshwor soon. The bank plans to extend nine more branch offices within the present fiscal year. — HNS

NCCCI, CCPIT pact

KATHMANDU: Nepal China Chamber of Commerce and Industry

(NCCCI) and China Council for

Promotion of International Trade (CCPIT) singed an agreement to

promote bilateral trade between Nepal and China. President of

NCCCI, Rajesh Kaji Shrestha and

his counterpart at CCPIT Li Lang singed the agreement during the

International Chamber of Commerce and Industry Association Summit 2009 held in Chendu, China this week. NCCCI team led by Shrestha has also visited China Yiwu International Commodity Fair, where

two Nepali companies took part. — HNS

Tourism promotion

GAINDAKOT: Locals of Gaindakot

in Nawalparasi district have demanded declaring Gaindakot a tourist

destination. They have been enthusiastic in developing Gaindakot into a major tourism destination after

thousands of domestic and foreign tourists started visiting Maulakalika Temple — a religious and tourism

site. Immediate past president of

the Religious Service Committee

at the temple, Man Bahadur Sapkota said they are committed to

developing Gaindakot as a religious tourism centre. He said that the plan is expected to develop Gaindakot

into a tourism resort town. — RSS

Policy for power urged

PARSA: Entrepreneur in Birgunj

have demanded for construction

of thermal plant that could be run

by coal. During an interaction on ‘how to solve the problems caused

by load shading, they demanded

for the construction of thermal

plant in Birgunj. Chairman of the

Entrepreneurs Association Om Prakash Sikaria said, “if the government managed thermal plant which runs on coal as the alternative of

hydroelectricity, the nation could

get relief from the load shading. They also said that it was possible to operate thermal plant near the dry port in Birgunj. On the occasion minister

for energy Dr Prakash Sharan Mahat said that the government has

been planning for the policy to

purchase energy. — RSS