National Biz Briefs

Co-op turns 10

KATHMANDU: Bharosa Nepal Multi Co-operative Private Ltd has completed its 10th year of establishment. The group has collected deposit Rs100.68 million which is 66 per cent more than the last fiscal year. It has also minimised its bad debt by eight per cent. Bharosa has set a target of collecting all assets in the current year. It gives priority to social welfare programmes and has decided to donate Rs 50,000 to Bal Sarathi Organigation working for children. The group will also issue 15 per cent returns to its share-holders. It operates three kinds of savings account: Bal Bridha Khata, Bishesh Khata and Sadharan Khata. It gives 14 per cent interest on fixed deposit.

FNCCI event

KATHMANDU: On the occasion of 100th International Women’s Day, Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Women Traders’ Development Committee (WTDC), Women Traders’ Association Nepal (WTAN), and Fire Trade Group Nepal (FTGN) will hold a four-day mega programme from Falgun 24 to 27. The programme aims at promoting the small manufacturers and handicraft makers to extend and promote their products. Prime Minister Madhav Kumar Nepal will inaugurate the event. People from South Asian countries will have 150 stalls at the event.

Seasonal offer

KATHMANDU: Virgin Mobile’s money wining offer that started on February 4 has given away cash prizes of Rs 10,000 from a pool of customers to 25 people who purchased the set that very day. It held a draw for the 25 winners to give away the grand prize of Rs 10,00,000. Madhu Thapa from Latitpur won the grand prize. Again, Virgin Mobile is bringing a new offer in March, March Madness. This is a double scratch.