13 - 19 September 2013 #673

Raining gifts

Hyundai’s authorised distributor Laxmi Intercontinental has announced Dasain Tihar Ko Offer Super Duper Bumper scheme. Buyers can get cash discount up to Rs 500,000, win gold and two Hyundai Eon cars through a lucky draw.

Spreading wings

Etihad Airways, the national airline of the United Arab Emirates, will increase its Abu Dhabi-Kathmandu service from seven flights per week to a double daily schedule starting 1 November. The new services will be operated by A320 aircraft fitted with 16 pearl business class seats and 120 economy class seats.

Profit sharing

Everst Bank’s board of directors approved and signed the audited balance sheet for the last fiscal year. The bank approved payments of 50 per cent cash dividend and issued 10 per cent bonus shares subject to approval of Nepal Rastra Bank and shareholders in the ensuing annual general meeting.

Flying high

Qatar Airways has announced a four day sale upto 25 per cent on market fares from 10 -13 September. The travel validity for this fare is from 16 September to 11 December. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles and can begin redeeming them from 1 October 2013 onwards on each other’s flights, reads the press release.

Miles to go

Go Ford has sold 2,000 units of Ford cars in Nepal since 2010. The company said the market share of Ford vehicles in different segments has been hugely impressive in Nepali market. GO Ford has introduced eight Ford models in Nepal. 

New ride

Syakar Trading launched New Honda Activa-i at the NADA Auto Show. The Activa-i has 109.2 cc engine, an under seat storage capacity of 18-litre, and ground clearance of 165mm reads the press release. The new Activa-i is priced at Rs 150,900 and will be available in four vibrant colours.

Education first

National College Centre for Development Studies welcomed its new batch of students last week. Speaking at the event, chief guest Aditya Man Shrestha said that development studies was an important subject of great significance to an underdeveloped nation like Nepal.