Aid for flood victims

KATHMANDU: Advertisement Association of Nepal along with Nepal Telecom conducted an SMS donation programme for flood victims and collected more than Rs 15 lakh. According to a press statement, Rs 6,86,000 was collected through line 1410 and Rs 8,42,150 through line 1450. — HNS

Sterling Patan project

KATHMANDU: Mercury Apartments on Tuesday announced the launch of its ultra- luxury housing project in Nepal — Sterling Patan. It is located at Thado Dunga in Lalitpur. With 32 apartments and two penthouses, the project’s booking has opened for a month in the initial period with promotional price. Noted architect Sunil Sharma made the designs in New Delhi and the engineering was overseen by VR Gopalan. The project will be completed in 18 months. — HNS

Parbat now strike-free

KATHMANDU: Parbat district has been declared a chakkajam-free area. Businessmen, tourism entrepreneurs, students and workers met with district officials at the Parbat district administration office and decided to declare Parbat a chakkajam-free area. “Tourism is the foundation of the development of other sectors. With Parbat as an example, other districts should take steps to promote tourism and help develop new Nepal,” a Ministry of Civil Aviation and Tourism press release said. — HNS

BANL’s new branches

KATHMANDU: Bank of Asia Nepal Ltd (BANL) inaugurated its branches at Birtamod and Kalanki. It also start SMS and e-mail alert with Internet banking. Within a year of its inception, the bank has made a collection of Rs 4.12 billion deposits and total credit flow of Rs 4.11 billion. — HNS