Business Briefs - Issue #435: Growing investment

Growing investment
Nepal Investment Bank has opened new branches at Boudha and Hetauda. Both the branches will be linked through ABBS (Any Branch Banking Services) to all other 23 branches of the bank and will provide all standard services. An ATM has also been installed at Boudha.

B'day bank
Himalayan Bank celebrated 16 years of operation in Nepal. The bank's net profit at present is Rs 598 million.

Breaking grounds
Gorkha Brewery will construct a new building for Shree Durga Primary School in Mukundapur to upgrade it to a secondary school. The Brewery will also provide furniture, drinking water, electricity and monthly salary to the teaching staff. The foundation stone was laid down by the Danish ambassador Finn Thilsted.

Defence up
Tara Services has partnered with Bit Defender, an international anti-virus software. Its sister organisation, Tara International will market and promote the 2009 version of Bit Defender in Nepal.

Info ties
Infotech Computers has become the authorised distributor of Taiwan based Elitegroup Computer System (ECS). Infotech will distribute ECS's motherboards.

Real dealers
Dabur Nepal organised 'Real Mango Bonanza Lucky Draw & Prize Distribution Ceremony' for its dealers and wholesalers. Surbir Dhajistha of Dhajistha Traders won the first prize.