Pure gold
Under the 'NIC Pure Gold' offer, Nepal Industrial and Commercial Bank has started, for the first time in Nepal, the sale of 100g gold bars of 99.9 percent purity. The gold bars are available from the bank's Kamladi and New Road branches, and the bank also offers loans for their purchase and custodial services for safekeeping.
Wai Wai in Saudi Arabia
Wai Wai has become the first Nepali product to be sold in Saudi Arabia. The Chaudhary Group recently signed a deal with the Riyadh-based Savana Corporation to export the instant noodles. Wai Wai is also sold in a number of countries including the Emirates, UK, and Canada.
Extended banking
Machhapuchchhre Bank has launched an extension counter at Baluwatar to serve Nepal Rastra Bank employees in particular.
The counter offers deposit, collection, and payment services. The bank has 12 branches and will soon launch one more in Itahari, Sunsari. It also plans to open another extension counter at Thapathali.
Going digital
Eastman Kodak held a conference last week called Go Digital with participants from ten countries including Nepal. In attendance was Warren Wisnewski, the firm\'s vice president. Kodak opens new digital labs this week at Digiplus and Photo Concern. The new lab includes Bluetooth support. Kodak has over 22,000 retail chains in Asia, of which 128 are in Nepal.