PFCL’s new schemes

KATHMANDU: Premier Finance Company Ltd (PFCL) launched two new savings schemes effective from September 18 on the occasion of Dashain and Tihar. Among them, the first one is ‘Family Bachat Yojana’ targeted for family savings that gives 6.25 per cent interest on daily balance. The accountholders are also entitled for insurance up to Rs 500,000, states a press release. The second product is ‘Premier Special Savings Account’ with 5.5 per cent interest rate per annum. — HNS

HAN shows concern

KATHMANDU: Hotel Association, Nepal (HAN) has expressed its serious concern over possible impacts after CPN Maoist’s withdrawal from the government. Issuing a press release, HAN today said that the withdrawal could have a negative impact on peace process and constituent assembly election. It has also asked the Maoists to allow unhindered movement of tourists during strikes. — HNS

Oil prices above $82

SINGAPORE: Oil prices rose on Wednesday to $82.17 a barrel in Asian electronic trading on New York Mercantile Exchange in Singapore, well above the previous record. — AP