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BUSINESS BRIEFS: NIBL, PADT join hands

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KATHMANDU, Feb 8: Nepal Investment Bank Limited (NIBL) has joined hands with Pashupati Area Development Trust (PADT) to facilitate the estimated upturn of over 500,000 pilgrims for the Mahashivaratri festival.



In order to manage the heavy turnover, PADT has introduced a new queue system, wherein, by paying an entrance fee of Rs 1,000, one can enter the temple in much lesser time. [break]



The tickets are available at the NIBL branches at Durbar Marg, Putalisadak, Bauddha, New Road, Gongabu, Kalimati, Battisputali, Seepadol, Pulchowk, Biratnagar, Birgunj, Banepa and Bhairahawa, according to a press statement issued by the bank.



The bank is also constructing three new cremation sites in Aryaghat at the request of PADT.



Alongside, NIBL has also taken an initiative to renovate the cremation site in Pashupatinath.





Everest Insurance helps Budhathoki



KATHMANDU, Feb 8: Everest Insurance provided a special three-wheeler scooter to economic journalist Gajendra Budhathoki, who has been left paralyzed from the waste down after an accident.







The Flyte scooter was handed over by Constituent Assembly vice chairperson Purna Kumari Subedi amid a function on Monday.





Rapti Bheri Bikas Bank starts operation



KATHMANDU, Feb 8: Rapti Bheri Bikas Bank started its services in mid-western hub of Nepalgunj from Monday.



Director of Nepal Rastra Bank inaugurated the bank amid a ceremony.



“The bank is committed for safe banking service for all costumers,” the bank said in a statement.



The bank has authorized capital of Rs 200 million and issued capital of Rs 100 million.





Highland gets ISO certification



KATHMANDU, Feb 8: Highland Distillery, the manufacturer of Virgin whisky, has been certified by ISO 22000:2005 Food Safety Management System.



“Now onwards, the activities of Highland Distillery will be directed by the Food Safety Management Policy,” the bank said in a statement, adding, “The beverages manufactured by our company are free from physical, chemical and biological mixture and have no side effects.”



Highland Distillery has been manufacturing Virgin whisky for the last ten years.



“We are committed to continue our works staying under existing legal provisions,” the statement added.



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