BIZ BRIEFS
Prime’s 2nd AGM
KATHMANDU: Prime Life Insurance held its second annual general meeting (AGM) in Kathmandu on Friday. The company, promoted by Khetan Group, sold 43,161 policies and collected Rs 100.084 million premium during the current fiscal year. — HNS
NMB in Butwal
KATHMANDU: NMB Bank opened its fourth branch at Milan Chowk, Butwal, on Friday. It plans to add three more branches in this fiscal year to make it a total of seven. The youngest commercial bank has various modern banking products like Absolute Savings Account that offers seven per cent interest. — HNS
Factory to open
UDAYAPUR: Workers of Udayapur Cement Factory have withdrawn all their protest programmes. The move came after the factory management agreed to fulfill their demands. The management has promised to address the workers’ 20-point demands within 30 days. The workers want regular operation of the factory. — RSS