NIC, BANK OF ASIA ANNOUNCE MERGER Kathmandu, 28 June: NIC Bank headquartered in Biratnagar and Bank of Asia Thursday announced plans for merger. They have asked Nepal Rashtra Bank to temporarily suspend trading of their shares in the market until process in completed by Paush or end of December. Nnnn PM ASKS ONT TO FIND ROYAL ASSETS Kathmandu, 28 June: NIC Bank headquartered in Biratnagar and Bank of Asia Thursday announced plans for merger. They have asked Nepal Rashtra Bank to temporarily suspend trading of their shares in the market until process in completed by Paush or end of December. Nnnn Kathmandu, 28 June: Prime Minister Dr Baburam Bhattarai has directed the Office of Nepal Trust (ONT) to expedite the tasks of finding the properties of the members of former royal family, RSS reports.. Receiving the annual report of the fiscal year 2067/068 B.S. prepared by the Trust on Thursday at Singha Durbar, the Prime Minister directed the officials to find further properties of the former royal family, adding that the properties stashed in any part of world by the former royal family, belongs to the State. Secretary of the Trust Shreedhar Gautam said the PM directed to preserve the properties because that could be cultural and historical heritage for future generation. The Prime Minister opined to provide employment to the unemployed youths by utilizing the properties of Nepal Trust for income generation. The PM also directed the officials of the Trust to find the cash deposited in national and the foreign banks and physical properties of the formal royal family members. Secretary Gautam said that he urged the PM to take initiative to make the Act of Nepal Trust fit to the time need and relevant nnnn ________________________________________ DEMAND IN NC TO RESTORE DISSOLVED ASSEMBLY Kathmandu, 28 June: Thirty former NC lawmakers asked President Sushil Koirala Thursday to restore the dissolved constituent assembly. They submitted a memorandum to the president who said the demand would be referred to the central committee.. Nnnn