UTL cuts ISD rates

KATHMANDU: United Telecom Ltd (UTL) has slashed international calling rates for USA, Canada and India. According to the company, its customers can make call to the US and Canada at eight rupees per minute, exclusive of government taxes, whereas call rate for India has been fixed at Rs 10 per minute during off hour, Rs 12 during off peak hour and Rs 15 during peak hours. The new rates will be effective from December 21 till January 22, for a month. The new rate is available everywhere, where UTL connection is available. It plans to extend its services to Biratnagar, Dharan and Itahari soon. — HNS

Chinese media listed

SHENYANG: A Chinese publishing group was listed on Shanghai stock market becoming China’s first media firm to issue shares in all its operations, including editorial units. Liao-ning Publishing and Media Co Ltd is aiming at raising over $81.6 million by selling 140 million shares. — Xinhua

B’desh on growth path

DHAKA: Bangladesh’s economy will move at ‘supersonic speed’ in the next six months despite three natural calamities and an anti-corruption drive against the business community this year. Terming economic situation as stable, Bangladesh Bank governor has predicted a growth. — HNS