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Cement released: Sri Cements Industries has released international standard Kalash cement in the Nepali market. Suitable for small and large housing and development projects, the cement follows stringent international standards. Kalash cement is available in high band packing and does not catch moisture easily. In the first phase, the cement is available in major cities and will be released nationally in the near future.

Education Fund: NIC Bank has introduced the Education Fund, a unique deposit plan with interest rates as high as five percent per year. Deposits can be made anytime, at any NIC bank. Saving accounts can be opened with as little as Rs 1,000 initial deposit. The account includes a 50 percent discount on travellers' cheques and bank drafts.

New Honda: Hero Honda has released Glamour, a 125cc motorcycle with 'Neo Z' styling and a three-year warranty. The Quantum Core engine is said to generate nine basic horsepower (bhp) and to produce little noise or vibration, for a low fatigue ride. Price starts at Rs 119,000.

Easy savings: Sanima Development Finance Limited has started a new "easy savings account" that offers interest rates as high as five percent with an initial deposit as low as Rs 1,000. The account is flexible about the number of deposits and withdrawals that can be made. Promoted by non-resident Nepalis, Sanima's banking counter is open till 6.30 PM.


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


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