Nepali Times
BIZ BRIEF
Nabil is 25


Nabil Bank is marking its 25th anniversary this week. It was the first foreign joint venture bank in Nepal when it started operations in 1984 and has been providing international standard banking services in Nepal since then. "This is a milestone in the history of banking in Nepal, and it shows what can be achieved with professionalism, reliability and dedication," says Nabil CEO Anil Shah.

As a part of its anniversary, Nabil Bank and the clothing brand, Miss Players, together launched a special saving scheme, 'Miss Players Nabil Nari Bachat'. Under the scheme, customers will be offered a Visa Electron Debit card as well as an interest rate of five per cent on a minimum balance of Rs 500.

Going flat
Samsung has introduced its popular flat panel LED High Definition TV in the market, and the product is flying off the shelves. Samsung says the sleek new design and incomparable picture quality has made all other models look obsolete in comparison. Creating a new category in the television market, the 6 and 7 series of LCD TV are available in 32" and 40" screen sizes.

5000 lumen
Boxlight announced the release of Pro5000SL projector. Designed to meet the needs of the system integrator, it features three lens options, LAN control, network management and other applications.

Oil bank
Cosmic Automobiles, a subsidiary of Avco Holding and Investment Group launched its automotive lubricant - Hyundai Oilbank (HOB). HOB provides an array of reasonably priced lubricants for all vehicles.
X-change Bajaj Motorcycles organised a swapping offer 'Bajaj Maha X-change Mela-6' yet again. In exchange for their old bikes, more than 20 Bajaj companies provided new bikes to customers at 'best prices'.

Green Planet
Syakar, the distributor of Honda cars and automobiles in Nepal, organised a painting competition, 'Green Planet Painting Competition' for children under the age of 15 last week. With more than 100 participants, the winners were awarded gift hampers from Philips.

After-sale
LG electronics has introduced an after-sale service campaign, the '211 campaign', in Nepal. Fulfilling its promise of quality even after the sale of goods, LG is offering this service on all LG electronics as well as LG home appliances.

ICT
Catering to the need of Information and Technology Services (ICT) in Nepal, Chaudhary Group has formed an alliance with Singapore-based CrimsonLogic IT Solutions. Operating under the name 'CG Techno Dreams', the alliance aims to provide ICT products, solutions, operation outsourcings to Nepalis and implement e-governance in Nepal.

Oodles
Keeping in mind the popularity of Chinese food in Nepal, Wai Wai Quick introduced two new flavours, Chicken Schezwan and Vegetable Manchurian, in the market last week.



LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


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