BIZ BRIEFS

BAN branch in Ilam

KATHMANDU: Bank of Asia Nepal (BAN) opened its fifth branch at Ilam on Wednesday. Parshuram Kunwar Chhetri, CEO of the bank inaugurated the new branch that will provide all modern banking services. “It has also introduced a new saving scheme - Sambridhi Bachat Khata,” states a press release. The customers will get six per cent interest on daily balance under the scheme. — HNS

NTB in KOTFA

KATHMANDU: Nepal Tourism Board (NTB) took part in Korean Travel Fair (KOTFA) on June 5-8 in Seoul. Stairway to Heaven Treks and Expedition also participated in the event, states a NTB press release. Korea shares historical, social as well as cultural ties with Nepal even as Buddhism forms a common religious bond between the two. — HNS

Transport revenue up

BIRATNAGAR: The Mechi zonal office of Department of Transport Management at Birtamod collected Rs 38.07 million revenues within the first 10 months of the current fiscal. The office had collected Rs 35.5 million revenues during the corresponding period last year. Four hundred and sixty four cars/jeeps/vans, 392 trucks/mini-trucks, 373 buses, 96 tractors, 68 tempos, 33 pickup vans, 30 minibuses and 23 microbuses are registered with the office as public transportation vehicles. Likewise 9,980 motorbikes, 1,128 power trailers, 482 cars/jeeps/vans, 125 pickup vans, 68 trucks/mini-trucks, 47 dozers, 11 buses, three tempos and two microbuses have been registered with the office. — RSS

Withdraw price hike

KATHMANDU: Twelve different political parties — Dalit Janajati party, Rastriya Janashakti party, CPN (Unified), Federal Democratic National Front, Nepali Janata Dal, Nepal Pariwar Dal, Socialist Democratic People’’s Party Nepal, Rastriya Janamukti Party, RPP-Nepal, Nepal Democratic Socialist Party, Chure-Bhawar Ekta Party Nepal and Nepa Rastriya Party — asked the government to immediately withdraw petro-products’ price hike. In a joint press release, they said they were saddened by the steep price hike in products that are linked to the daily life of the people. — RSS