Biz briefs
Nepal SBI branch
KATHMANDU: Nepal SBI Bank inaugurated its 18th branch at Damauli in Tanahun district on Tuesday. The bank has seven branches within the valley and it is planning to open seven more branches at Surkhet, Ghorahi, Tamghas, Tansen, Hetauda, Ithahari and Ilam . — HNS
SBL turns seven
KATHMANDU: Siddhartha Bank Ltd (SBL) completed six years of operations on Wednesday. The bank posted an operating profit of Rs 155 million and collected a total deposit of Rs 11.3 billion in the first five months of the current fiscal. It has 10 branches and plans to open 10 more. — HNS
NLIC in Ghorahi
KATHMANDU: Nepal Life Insurance Company (NLIC) Ltd inaugurated its 13th branch at Ghorahi
in Dang district on Wednesday. The company will inaugurate eight more branches by the end of 2065 BS, said a press release. — HNS
NICCI condemns murder
KATHMANDU: Nepal-India Chambers of Commerce and Industry (NICCI) has condemned the murder of businessman Rajesh Keyal. NICCI urged the government to take note of frequent attacks on the industrial and business sector and to maintain peace and security. — HNS
Super-efficient soap
KATHMANDU: Mahashakti Soap and Chemical Industries, with additional foam booster, has introduced new Puja Soap. According to a press release, the additional foam booster in the soap will enhance the cleansing process, make the chore of washing easier and also lend extra shine to all kinds of garments. — HNS
PM inaugurates fair
BUTWAL: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ on Wednesday inaugurated Industrial Trade Fair and Tourism Promotion Festival in Butwal. The fair that will last till January 4, is held with the theme of ‘The basis of Economic Development: Agriculture, Tourism, Industry and Trade’. Around 5,00,000 visitors are expected to visit 350 stalls in the fair that is considered the biggest in the western region. Butwal Chambers of Commerce and Industry (BCCI) and Federation of Nepalese Chambers of Commerce and Industry (FNCCI) have jointly organised it. — RSS