Just rumour
The Malaysian embassy in Nepal has denied rumours that the government of Malaysia banned the intake of Nepali workers to the country. It said that recruitment of foreign workers in the manufacturing and service sectors were only "temporarily frozen" due to the global economic recession. It added that approvals for Nepalis to work in Malaysia are still being issued at the embassy.

Branching into Boudha
Nepal Investment Bank opened a Boudha branch in January, making it the bank's 25th branch in Nepal and tenth in the valley. It will be linked through the bank's 'Any Branch Banking Services' service to all other 24 branches of the bank. The branch's services include safe deposit lockers and ATM.

Banking buddies
Himalayan Bank, Bank of Kathmandu and Laxmi Bank have agreed to exchange banking services so that a customer of one bank can now deposit, withdraw and transfer services at the other two banks at a minimum charge.

Rainbow trout
The Hyatt Regency in Kathmandu is organising rainbow trout promotion dinners at the Rox till the end of February. Dishes that will be served include roulade of trout and smoked salmon with trout, among others. The Himalayan rainbow trout is a fresh water fish.

Great switch
The sole distributor of Yamaha bikes in Nepal, Morang Auto Works has opened a new trade-in store at Buddhabari Complex, Teku where customers can exchange old bikes for new ones. Morang Auto Works currently has 17 outlets in Kathmandu.

On sale
John Players is offering customers up to 35 per cent off for all clothing throughout Nepal until Wednesday 11 February.

Fashion store
Yishion, a clothing brand for men and women, has opened its own store at the Kathmandu Mall, Sundhara. The store features casual wear.

New products
DOZER: Continental Trading has launched Komatsu's new D39EX Dozer. Fitted with hydro transmission static technology, the Dozer has an electronic monitoring system and can be operated with a palm command control system.