National Business Briefs
GDBL in Ghorahi
KATHMANDU: Gurkha Development Bank (Nepal) Ltd opened its 13th branch in Ghorahi of Dang district on Sunday. The bank, operating since December 2004, gained net profit Rs 30.7 million in the fiscal year 2008-09 from a collection of Rs 4 billion and investment of Rs 3.96 billion. Gurkha Bank has announced 10 per cent bonus shares to its promoters.
NLIC reaches Battar
KATHMANDU: Nepal Life Insurance Company (NLIC) has expanded to Battar of Nuwakot from Sunday after the opening of its 19th branch. NLIC chief executive officer Manoj Kumar Bhattarai inaugurated the branch amid a function attended by locals. NLIC has 2,70,000 policy holders and has invested Rs 4.5 billion in NLIC City Center and other sectors.
Beauticians' training
KATHMANDU: Luja Makeup Studio and Skin Care Center Pvt Ltd, renowed beauty care manufacturer of Nepal, is organizing beauty training for beautician in major towns of the country. The company organized the first training session for beauticians of Kathmandu on Saturday. Arout 300 beauticians participated in the experience-sharing and tips-giving training. The company has been manufacturing Luja brand herbal beauty care items.
