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BIZ BRIEFS: Qatar Airways joins oneworld alliance

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KATHMANDU: Qatar Airways has joined ´oneworld alliance´ -- one of the world´s leading quality airline alliances. According to a statement, oneworld member designate was announced at a press conference in New York. The Doha-based carrier is the first of the three major airlines Gulf-based airlines to sign for any of the global airline alliances.



"The implementation into oneworld is expected to take between up to 18 months," the statement said, adding, "As a member of oneworld, Qatar Airways will fly alongside some of the biggest and best brands in the airline business." The airlines at present offers service to 120 destinations in 70 countries.



New model of Fly mobile in market

KATHMANDU: Prism Technologies has introduced a new model of Fly mobile in the market. According to a press statement on Tuesday, the newly launched mobile set - Fly E281 - comes with 3D conversion features, along with touch and type and various fun and entertainment features. Other features in the set include Bluetooth, FM radio, 2 megapixels camera, MP3 player, video recording and pre-installed Yahoo, Facebook and Twitter apps. It supports external memory up to 32GB. Prism Technologies provides one-year warranty on handset and six months warranty on charger and battery.



Civil Bank launches gold loan scheme


KATHMANDU: Civil Bank has launched gold loan scheme under which borrowers can use gold and silver or jewelries of gold and silver as security to secure credit, states a bank statement. Under the scheme, the bank provides up to 80 percent of the value of the precious metals in loans. This scheme is currently available at the New Road branch of the bank.



Prabhu, Siddhartha Bank ink pact


KATHMANDU: Prabhu Money Transfer, a remittance company, and Siddhartha Bank have entered into agreement under which money remitted into the country via Prabhu´s network can be received through 41 branches of the bank. Sundar Prasad Kandel, chief operating officer of the bank, and Rameshwor Sapkota, deputy general manager of Prabhu Money Transfer, signed an agreement in this regard on Tuesday, according to a statement issued by Prabhu Money Transfer. Prabhu remits money into the country from Malaysia, the US, India and Gulf countries.



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