The meeting also decided to use Rs 20 million allocated for the campaign to organize conference of Everest Summitteers, inauguration ceremony of the campaign and to conduct tourism promotional activities in international arena. [break]
Minister for Tourism and Civil Aviation Sharat Singh Bhandari, Minister of State for Tourism and Civil Aviation Shatrugan Prasad Singh, Vice Chairman of National Planning Commission Dr Yubaraj Khatiwada, secretaries of concerned ministries and concerned stakeholders attended the meeting, according to a press release issued by NTB.
Hilltake launches PRS pipe, fittings
KATHMANDU, Jan 12: Hilltake Group on Tuesday launched qualitative PRS Pipe and Fittings of ´Gold Medal´ brand in the market.
Minister for Tourism and Civil Aviation Sharat Singh Bhandari launched the new products manufactured by Hilltake Pipe Industries Pvt Ltd amidst a ceremony in the capital.
Kamal Jain, chairman of Hilltake Pvt Ltd, said the PRS pipe and fittings are rust-free and are capable of facing hot and cold weather. Jain also said PRS pipe and fittings are more durable than steel pipe and fittings.
“The Gold Medal branded pipes and fittings are highly qualitative than other products and are available at reasonable prices,” he added.
NRB bars promoters to buy public shares
KATHMANDU, Jan 12: Nepal Rastra Bank (NRB) has imposed a restriction for promoters, along with their family members, of banks and financial institutions to buy shares allocated for public issue.
Issuing a circular on Tuesday, the central bank clarified that the new restriction would, however, not prevent the promoters and their family members to buy public shares which are left unsubscribed within specified application deadline.
The financial regulator also stated that the promoters or promoter shareholders have been restricted from filing candidacy for promoter of other company groups than the companies promoted by them.
Himalayan Bank in Baglung
KATHMANDU, Jan 12: Himalayan Bank Limited opened its 26th branch in Baglung on Tuesday.
Manoj Bahadur Shrestha, chairman of the bank, inaugurated the branch, says a press statement issued by the bank. On the occasion, Shrestha said the bank collected a deposit of Rs 37.55 billion and issued loan amounting to Rs 28.92 billion during the first five months of the fiscal year 2009/10.
The new branch is providing modern banking services, including Himal Saving Account, Himal Remit Service, ATM, Travel Check, Letter of Credit, loan for small and medium industries and vehicle loans, according to the release.
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