The Federation of Nepalese Chambers of Commerce and Industries (FNCCI) has announced the nominees for the Best Brand Award -- 2013 to be organized for the first time in Nepal on August 19.

The apex body of Nepali private sector is presenting the award in two categories -- best Nepali company and best multinational company. According to FNCCI, the brands nominated in Nepali company categories are - Chocofun, Jagadamba Steels, Pashupati Paints, Tokla Tea and Wai-Wai noodles.

Similarly, Coca-Cola, Fair & Lovely, Asian Paints, Ncell and Standard Chartered Bank are the nominees in the multinational company category.

The Best Brand Award -- 2013 is a part of FNCCI´s National Excellence Award. The FNCCI has been honoring business organizations with the National Excellence Award since 2001 with the aim of promoting quality goods and services.

“Based on a fixed set of criteria and performance indicators, we have shortlisted these 10 nominees (five from each category) from among 30 companies through multiple and scientific parameters,” Saurav Jyoti, chairman of the FNCCI´s productivity and quality committee, said.

Jyoti added that the award would inspire organizations to make their products competitive by enhancing their quality. According to Jyoti, the awards are being organized in order to promote quality goods and services among companies in operation in Nepal. “The main aim of the award is to encourage business organizations to improve the quality of their management and deliver customer service excellence,” said Jyoti.