Nepali Times
BIZ BRIEF
Sky scraping


The board of directors of Everest Bank announced their un-audited results for the first quarter of the current fiscal year: their operating profits have increased by 24.20 per cent.

Flying high
Yeti Airlines announced the arrival of its seventh 29-seat Jetstream 41 at Tribhuvan International Airport. This addition to Yeti's fleet is likely to be used for regional flights and mountain flights.

Helping hands
As part of its corporate social responsibility program focusing on supporting education among underprivileged students, Everest Bank donated 24 computers to 17 educational institutions.

Biking terrain
In an attempt to promote mountain biking in Nepal, The Craft Art Studio along with EPIC Mountain Bike Adventure launched 'The Craft Art Studio Mountain Bike Club'. The club will be organising national and international tournaments.

Tying up
Skoda MAW, distributor of Skoda Auto in Nepal, and Yeti Travels have signed an agreement whereby Yeti Travels will take over eight units of Skoda Laura.

Endless expansion
After Mero Mobile's Gift a Gift campaign, mobile operator Spice Nepal is extending its coverage to new parts of the country. It currently has more than 1.8 million subscribers.

Money matters
Himalayan Bank has decided to provide 31.5557 per cent of bonus shares and 12 per cent of cash dividends to its shareholders from the profits of the fiscal year 2008/2009.

Winning streak
Qatar Airways was named 'World's Leading Airline ? Business Class' for the second year running. Almost 1,000 representatives of the global travel and tourism industry gathered at the Grosvenor House Hotel, London, for the 16th World Travel Awards.



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


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