BIZ BRIEFS

KMBFL’s offer

KATHMANDU: Kist Merchant Banking and Finance Ltd (KMBFL) has re-launched its ‘Kist Bonus Saving Scheme’ at its New Road and Sukedhara branches from today. KMBFL plans to add 5000 more customers through this scheme, which was first introduced on January 3. More than 10000 customers had participated in the first phase, states a press release today. Under this scheme, one can open accounts with just a Re 1 and KMBFL will give Rs 100 bonus and free cheque book and Kist SSB debit card. —HNS

Herbs farming up

MANGALBARE: Sulubung VDC of Ilam is going to be developed as herbs area to attract more farmers towards commercial farming of herbal plants. High Mountain Herb Product and Conservation Institute is to set up processing plant, said president of the institute Netra Bahadur Burja. He said 90 hectares area in Maipokhari VDC would be developed as pocket area. The institute has already built a five-room building for the purpose. Over 150 kinds of herbs can be grown in the area. The programme will benefit over 4,000 households of the area. There are around 30 farmers groups involved in herbs farming. —RSS