BIZ BRIEFS

Adequate liquidity

KATHMANDU: Present statistics show no liquidity problem in the current fiscal system, according to Nepal Rastra Bank. A statement by the central bank said that after the announcement of Rs 1 billion Treasury Bill, it received Rs 4222 million which reveals enough liquidity. — HNS

Sujal’s new scheme

KATHMANDU: Sujal Foods Pvt Ltd has started a new campaign ‘The Real Taste of Banana’ highlighting the flavour of ripe banana incorporated in soft chewy long-lasting Sujalgum. The Sujalgum has been manufactured using latest, world class technology in strict hygienic conditions. Sujalgum is also available in other two flavours - Juicy lemon and fresh Spearmint, according to a press release. Sujalgum is available for Re 1 per piece or Rs 5 per pack. — HNS

Name changed

KATHMANDU: Shikhar Shoe Industry Pvt Ltd has changed the name of its scheme. According to a press release, on every purchase of Shikhar shoes one can get a scratch coupon along with discounts ranging from five to 100 per cent or cash prize of Rs 50 lakh to two lakh. — HNS

SIFCL profit up

KATHMANDU: Shree Investment and Finance company Ltd (SIFCL) posted a net profit after tax of Rs 25 million, an increment of 29.9 per cent compared to the same period last year. According to a press statement, it has an increment of 10.05 per cent in its total deposits that is Rs 778 million and has floated a loan of Rs 787 million, an increment of 15.77 per cent compared to last year. — HNS