Corporate

Himal Tea Industries Pvt Ltd, an exporter and specialty manufacturer, blender and packager of Nepali tea has launched its Rakura Heavenly Classics brand of tea. According to the company, the tea is packed in the nation’s first double chambered tea bags. Rakura tea is available in three flavours, namely Green, Black and CTC. The tea features odourless rapid release filter paper, surgical grade antimicrobial aluminum wires, unbleached pure cotton thread and food grade tags made from natural fibres, claims the company.

 

The British College situated at Trade Tower, Thapathali, has announced the signing of a Memorandum of Understanding between the College and two companies located in the premises of the Trade Tower, namely ER Sigdel and Associates, Chartered Accountants and the Trade Tower Business Centre. Under the agreement, students from the College will have the opportunity to pursue internships with these companies as part of their UK University degree courses.

 

Laxmi Bank has introduced a micro credit initiative in Tansen Municipality in partnership with Lumanti, an NGO working for the alleviation of urban poverty in Nepal. According to the Bank, this home loan programme aims to benefit at least 100 low-income families in the municipality. The bank has entered into an agreement with Lumanti and Tansen Municipality to extend individuals loans up to Rs 150,000 each under this programme. Under this credit programme, borrowers can repay the loans in easy monthly installments over a period of five years.