StanChart branch

KATHMANDU: Standard Chartered Bank Nepal Ltd (SCBNL) has opened a new branch at Lion’s Chowk, Narayangarh, to provide better service and reach its customers in the region. It is a full fledged branch that will provide 24-hr ATM service as well, said the bank. Sujit Mundul, CEO of the bank, inaugurated the branch on Friday. With 17 points of representation and 17 ATMs across the country, it is the only international bank in the country that offers a full range of services in wholesale and consumer banking to a wide range of customers. — HNS

Leather expo

KATHMANDU: The Leather Footwear and Goods Manufacturers’ Association of Nepal is organising the sixth edition of Leather Goods & Footwear Expo 2009 from January 26 to February 1 to promote local brands. Domestic manufacturers produce five to six million pairs of shoes which is 40 per cent of demand annually, said the organisers. — HNS

Revenue up

TANAHUN: The District Land Revenue Office, Tanahun, has collected revenue beyond the expected target till mid-January of the current fiscal year. According to the office, Rs 13,080,000 revenue was collected against a target of Rs 12,050,000. Buoyed at crossing the target, the office expects to collect more than the expected target in the coming months. — RSS

Rubber plant reopens

GORKHA: Gorakhkali Rubber Industry resumed operations on Friday following a three-week closure due to labour trouble. The workers agreed to resume operations at the industry after the management agreed to address their demands. The management agreed to provide minimum salary fixed by the government to the workers as well as provide Rs 2,000 salary increment. Labour leader Ishwor Pariyar said the management would provide the Rs 2,000 salary increment to the workers in line with the salary increment of government employees. — RSS

Vegetables ruined

BABIYACHAUR: Vegetables have begun to rot for want of proper market at Bhaibang, Babiyachour-4 of Myagdi district. Vegetables like potatoes, cabbage, cauliflower and yams are rotting in the farms. There is no means of transportation and the farmers have to employ porters to transport their produce. Farmers at Bhaibang have complained that they have had to suffer the loss of thousands of rupees. — RSS