BIZ BRIEFS

PDB registers profit

BIRGUNJ: Public Development Bank (PDB) has posted Rs 6.6 million operational profit in the first year of its operations. It collected Rs 280 million deposit and invested Rs 260 million during the period. — RSS

Petrol supply sought

KATHMANDU: Nepal Association of Tour Operators (NATO) has asked the government to supply petroleum products smoothly as it is hurting the tourism industry. In light of rocketing global crude price, tour operators are ready to pay the cost at which the Nepal Oil Corporation (NOC) purchases from its supplier, states a press release. “The impact of shortage is too higher than that of those effects emanating from revised prices.” — HNS