BIZ BRIEFS

New skin care system

KATHMANDU: VLCC has introduced Cryogenic Treatment which contains advanced dermatology based Glycolic fruit acids and antioxidant vitamins that work in synergy to promote cellular renewal and redefine the skins texture and restore health to environmentally damaged skin. The new treatment is believed to be beneficial for fine lines, wrinkles and sagging skin. Live demonstration of the Cryogenic Treatment was organised at VLCC, Dillibazaar, on Sunday. — HNS

Iran inflation at 26pc

TEHRAN: Iran’s inflation rate, which has provoked intense criticism of the government, topped 26 per cent in June, according to a central bank statement published in the press on Saturday. “During the Iranian month of Kordad inflation reached 26.4 per cent as compared to a year ago,” according to the statement published in the newspaper Sarmayeh. The previous month, annual inflation was running at 25.3 per cent. President Mahmoud Ahmadinejad has been blamed for directly fuelling price rise by ploughing huge amounts of cash into the economy to fund local infrastructure projects. — AFP