Ten for Laxmi
Laxmi Bank's fourth branch in the Valley has just opened at New Road. The 'New Road Business Centre' offers a full range of personal and business solutions and will serve as a full-fledged branch. Laxmi Bank was established in 2002 and has a total of 10 branches around the country.
Yamaha in Itahari
Yamaha has a new branch in Itahari. The Tirupati Auto City is a showroom-cum-workshop and offers Yamaha motorcycles, spare parts, and a care unit. Yamaha motorcycles include the Crux, G5, Enticer, Gladiator, and the Gladiator Black. Morang Auto Works is the sole distributor of Yamaha.
Economic telecom
Thuraya is introducing ThurayaECO in Nepal, a new prepaid telecommunication service that offers special discounted rates. Thuraya offers the same rates as in CDMA phones. International calls are at $0.4 per minute. All incoming calls on Thuraya are free, and users can send SMS to Thuraya phones for $0.25.
E-ticketing
Nepal's first e-ticket is now available through Amadeus. The first e-ticket was printed for Qatar Airways through Osho Travels. For airlines, e-ticketing provides a savings cost from upto $7 per ticket,
Global Nokia
JWT has been chosen as Nokia's global network marketing agency. In July, Nokia announced Wieden and Kennedy as their global lead agency for mobile phones. Nokia Multimedia will continue to use Interpublic Group for the Nokia NSeries creative support. The new marketing mode from JWT will become fully operational by 1 January, 2008.
NEW PRODUCTS
Prime: AVCO International, the distributor of Hyundai vehicles in Nepal, has launched the ATOS Prime. Priced at Rs 1.1 million, the ATOS Prime is a 999cc car and comes with a three-year or 36,000km warranty. The car is equipped with large boot space, a lidded glove compartment, two cup holders and a plastic storage tray under each front seat.
Dishwashing: IFB has launched the IFB Industrial Dishwasher in Nepal. With the capacity to wash 10,000 dishes per hour at a running cost of Rs 0.10-0.15 per dish inclusive of electricity, water, and washing material, the dishwashers are marketed by Sagtani Exim, the sole importer of IFB home appliances.