Nepal Investment Bank has extended its remittance services in the United Kingdom in partnership with Samsara Nepal Financial Services UK, a London-based company. NIBL now provides direct money remittance facilities in more than seven countries through twenty of its partners and in the rest of the world through Western Union Money Transfer and Travelex Money Transfer.

Sagarmatha
The third meeting of the Nepal Tourism Year 2011 was held on 12 January. Discussing on how to utilise the budget allotted for tourism sector, the committee decided to mobilise Rs 20 million to mark Sagarmatha Day. In the meeting, Minister for Tourism and Civil Aviation Sharat Singh Bhandari also said that development of infrastructure was imperative to bolster Nepal's tourism sector.

Sweet 17
Himalayan Bank celebrated its 17th anniversary last week. It was established with the joint venture of Pakistan's Habib Bank in the year 1993. Himalayan Bank is touted as being the nation's leading bank, and has issued the highest number of credit cards in Nepal.

Bike away
Ganesh Enterprises, the distributors of Suzuki motorbikes, launched new models of its bikes last week. They now distribute the following models: DR 200 SE (Dual), DR 200 SE (multi purpose), GSR 600, GSX-R-600, Intruder 800, Gladius 650, GSX-650, GS 150R, Burgman 400, Hayabusa 1340, and B-king 1340.