Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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		'Article' => array(
			'id' => '4410',
			'article_category_id' => '1',
			'title' => 'China Tops FDI Commitment in Nepal',
			'sub_title' => '',
			'summary' => 'September 13: The initial statistic of current fiscal year (FY) has shown positive indication for foreign direct investment (FDI) in Nepal. The growth of FDI in the current FY is being predicted due to the abundant commitment for the investment within the one and half month of the current FY.  In the previous',
			'content' => '<p>September 13: The initial statistic of current fiscal year (FY) has shown positive indication for foreign direct investment (FDI) in Nepal. The growth of FDI in the current FY is being predicted due to the abundant commitment for the investment within the one and half month of the current FY. &nbsp;In the previous FY, the commitment for FDI had contracted due to the earthquake, border blockade and Tarai unrest. &ldquo;The first statistic could be taken as signal of increase in FDI, as there is no obstacle this year,&rdquo; said Maheshwor Neupane, Director General of Department of Industry (DoI).</p>

<p><br />
According to the DoI, 38 industries including one big industry, five middle scales along with 32 small scale industries have been registered till August 31 under FDI. In the previous year, such registered industries were 341. &nbsp;A total of Rs 1.36 billion worth of FDI has been committed this FY under which Rs 370.78 million is current capital and Rs 1.12 billion is fixed capital. Among the investment, Rs 1.7 billion FDI is committed from China and the rest is of domestic investment.</p>

<p><br />
China has committed the highest amount of FDI in the country. 44 out of the total 68 registered industries are from China. &nbsp;China has committed to invest Rs 1.13 billion FDI including Rs 297.3 million on current capital and Rs 834.1 million on fixed capital.</p>

<p><br />
Similarly, India is the second highest FDI commitment holder. India has committed to invest in seven industries so far. &nbsp;The industries has provided the FDI &nbsp;commitment of Rs 40.9 million as current capital and Rs 128.5 million fixed capital with total amount of Rs 169.5 million. In the total amount, Rs 110.70 million is from India and the rest is domestic investment.</p>

<p><br />
Likewise, America, Japan, Britain, Germany, Pakistan, Russia, South Korea, Switzerland and Netherland are some countries that have committed for FDI. &nbsp;</p>

<p><br />
According to Neupane, government is preparing required legal mechanism to ease FDI. &ldquo;The necessary suggestion on the drafts of foreign investment and technology transform Act has been send to the Ministry,&rdquo; he said adding, &ldquo;The Act will be presented as bill by December/January.&rdquo;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4243',
			'image' => '20160913040205_fdi.jpg',
			'article_date' => '2016-09-13 00:00:00',
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			'id' => '4409',
			'article_category_id' => '1',
			'title' => 'Growth Sellers Organises Sales Summit 2016',
			'sub_title' => '',
			'summary' => 'September 13: Growth Sellers has organized “Sales Summit 2016” in collaboration with MAW on September 11, 2016 in Kathmandu. The sales summit was the first national sales conference of Nepal. The main aim of the conference was to strengthen potentials of sales professionals across the nations.',
			'content' => '<p style="text-align:justify">September 13: Growth Sellers has organized &ldquo;Sales Summit 2016&rdquo; in collaboration with MAW on September 11, 2016 in Kathmandu. The sales summit was the first national sales conference of Nepal. The main aim of the conference was to strengthen potentials of sales professionals across the nations.</p>

<p style="text-align:justify"><br />
Issuing a press statement, it has been informed that more than 250 participants from different sectors and professions participated in the one day event that featured Harish Bijoor, speaker from India.</p>

<p style="text-align:justify"><br />
&ldquo;The event was interactive and entirely focused on the idea and opinion sharing among the participants which ultimately helps strengthening knowledge of sales fraternity. The event moreover focused on the new sales trends and techniques going around the globe, challenges sales force are facing and current scenario of sales in Nepalese market,&rdquo; reads the statement.</p>

<p style="text-align:justify"><br />
&nbsp;&nbsp;</p>
',
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			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4242',
			'image' => '20160913015117_sales summit.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '4408',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Awarded ‘Best Bank in Public Sector’',
			'sub_title' => '',
			'summary' => 'September 13: Citizens Bank International has been awarded ‘Best Bank in Public Sector’ in a program organised by world HRD Congress in Singapore. T',
			'content' => '<p>September 13: Citizens Bank International has been awarded &lsquo;Best Bank in Public Sector&rsquo; in a program organised by world HRD Congress in Singapore. The bank was awarded the title by Asia Banking, Financial services and insurance excellence awards 2016. Various banks, finance companies and insurance companies were awarded in 9 different categories in the program.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4241',
			'image' => '20160913011320_citizens.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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			'user_id' => '16'
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		'Article' => array(
			'id' => '4407',
			'article_category_id' => '1',
			'title' => 'Janata Bank Launches Janata Kabach Saving Scheme',
			'sub_title' => '',
			'summary' => 'September 13: Janata Bank has launched a new deposit product named 'Janata Kabach'.',
			'content' => '<p>September 13: Janata Bank has launched a new deposit product named &#39;Janata Kabach&#39;.&nbsp;Issuing a press statement, the bank informed that under the product, it would provide accidental death insurance of up to Rs 1 million and housing insurance of up to Rs 10 million or 20 folds of total deposit accumulated on the deposit account.</p>

<p>&quot;The bank believes that &#39;Janata Kabach&#39; will not only provide saving facility but also the security to the public,&quot; reads the statement.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4240',
			'image' => '20160913123623_janata.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '4406',
			'article_category_id' => '1',
			'title' => 'NCC Bank Starts Extension Counter at Rupendehi',
			'sub_title' => '',
			'summary' => 'September 13:  Nepal Credit & Commerce (NCC) Bank   has started its extension counter at Universal Medical College in Paklihawa of Rupendehi. Issuing a press statement, the bank informed that Laxmi Prapanna Niraula, the coordinator of the bank’s management committee, and Ramesh Sharma',
			'content' => '<p>September 13:&nbsp; Nepal Credit &amp; Commerce (NCC) Bank&nbsp;&nbsp; has started its extension counter at Universal Medical College in Paklihawa of Rupendehi.</p>

<p>Issuing a press statement, the bank informed that Laxmi Prapanna Niraula, the coordinator of the bank&rsquo;s management committee, and Ramesh Sharma, Chairperson of the medical college, jointly inaugurated the extension counter amid a ceremony held on September 10.</p>

<p>&ldquo;The extension counter will render services like cash deposit, payment and remittance services,&rdquo; reads the statement.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4239',
			'image' => '20160913122746_ncc.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 5 => array(
		'Article' => array(
			'id' => '4405',
			'article_category_id' => '1',
			'title' => 'Kumari Bank Launches Chip-Based Credit Cards',
			'sub_title' => '',
			'summary' => 'September 13:  Kumari Bank Ltd (KBL) has launched new chip-based credit cards in a bid to provide additional facilities and services along with secure transactions to the customers.',
			'content' => '<p style="text-align: justify;">September 13:&nbsp; Kumari Bank Ltd (KBL) has launched new chip-based credit cards in a bid to provide additional facilities and services along with secure transactions to the customers.</p>

<p style="text-align: justify;">&nbsp;Issuing a press statement, the bank informed of issuing two types of Credit Cards including domestic credit card and international credit card. Domestic credit card is valid in Nepal and India whereas international credit card, issued in US Dollar, is accepted worldwide. &ldquo;The card enables to make payments for purchases over POS terminals and withdraw cash as well as through the ATM Terminals,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4238',
			'image' => '20160913121857_kumari bank.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '4404',
			'article_category_id' => '1',
			'title' => 'Ncell Supports Reforestation and Conservation Activities',
			'sub_title' => '',
			'summary' => 'September 13: Ncell has taken an initiative to support reforestation and also implemented environmental awareness program in Dhanusha. Issuing a press statement, t',
			'content' => '<p style="text-align:justify">September 13: Ncell has taken an initiative to support reforestation and also implemented environmental awareness program in Dhanusha. Issuing a press statement, the company informed that it is supporting the program aiming to contribute in awareness and conservation of environment.</p>

<p style="text-align:justify">According to the press statement, it has planted 50,000 trees in 33 hectares barren areas of Dhanushadham Protected Forest (DPF) to develop it as an area of environmental and ecological importance under its corporate social responsibility. &ldquo;In order to make sure local communities cohabit and contribute in conservation, the company also implemented awareness programs involving schools, teachers, parents and community people of the surrounding area,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4237',
			'image' => '20160913120323_ncell.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '4403',
			'article_category_id' => '1',
			'title' => '27 Bajaj REs Booked at Bajaj RE Test Drive Fair',
			'sub_title' => '',
			'summary' => 'September 13: Bajaj RE test drive fair organized by Hansraj Hulaschand and Company in collaboration with Panas Auto, the authorised distributor of Bajaj three-wheelers in Nepalgunj was concluded on September 10 in Kohalpur, Banke. According to the company, 27 Bajaj RE three-wh',
			'content' => '<p style="text-align: justify;">September 13: Bajaj RE test drive fair organized by Hansraj Hulaschand and Company in collaboration with Panas Auto, the authorised distributor of Bajaj three-wheelers in Nepalgunj was concluded on September 10 in Kohalpur, Banke. According to the company, 27 Bajaj RE three-wheelers were booked during the fair.&nbsp;</p>

<p style="text-align: justify;">The event that had the guest appearance of Jagat Bahadur Basnet, Chief District Officer of Kohalpur was visited by 2,000 people. The event provided 650 test-drive program to interested visitors.&nbsp;</p>

<p style="text-align: justify;">Similarly, the event also conducted 24 lucky draws. Various programs including musical, stand-up comedy, free Bajaj test-drive, photo session, food-stalls, entertainment programs for kids and traffic awareness program were organized during the event.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4236',
			'image' => '20160913113206_bajaj rey.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4402',
			'article_category_id' => '1',
			'title' => 'Hemraj Pandey Declared 1st Winner of Bajaj’s ‘Cash Wish’',
			'sub_title' => '',
			'summary' => 'September 13: Hansraj Hulaschand and Company, the authorised distributor of Bajaj Company for Nepal has announced the winner of its ‘Cash Wish’ Scheme started few days ago.  According to the company, Hemraj Pandey from Bedkot Municipality-10 has won Rs 100,000 after purchasing Pulsar 180 cc on September 5. The scheme was launched aiming the festive occasion of Dashain-Tihar.',
			'content' => '<p style="text-align:justify">September 13: Hansraj Hulaschand and Company, the authorised distributor of Bajaj Company for Nepal has announced the winner of its &lsquo;Cash Wish&rsquo; Scheme started few days ago. &nbsp;According to the company, Hemraj Pandey from Bedkot Municipality-10 has won Rs 100,000 after purchasing Pulsar 180 cc on September 5. The scheme was launched aiming the festive occasion of Dashain-Tihar.</p>

<p style="text-align:justify">Under the scheme, the buyers of Bajaj two-wheelers will get scratch card with encoded magic code. The buyers can win up to Rs 100,000 by typing the magic code, dealer code and buyer&rsquo;s name and send SMS to 34001, informs the company.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4235',
			'image' => '20160913110354_bajaj.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '4401',
			'article_category_id' => '1',
			'title' => 'Coca-Cola Indoor Corporate Cup Cricket Concludes',
			'sub_title' => '',
			'summary' => 'September 13: Coca-Cola Indoor Corporate Cup Cricket has concluded on September 12 where Gorkha Brewery is declared as winner of the tournament. According to organiser, the winners were awarded with Silver trophy for the first time in Nepal instead of cash and personal rewards',
			'content' => '<p>September 13: Coca-Cola Indoor Corporate Cup Cricket has concluded on September 12 where Gorkha Brewery is declared as winner of the tournament. According to organiser, the winners were awarded with Silver trophy for the first time in Nepal instead of cash and personal rewards.&nbsp;</p>

<p>The tournament, organized jointly by Coca-Cola Nepal and Nepal Sports Management was held at Indoor Cricket Hall, Velocity Arena located in Ratopul. The two days event scheduled on September 9 and 10 was participated by 12 teams from corporate sectors.&nbsp;</p>

<p>As per the organiser, each game was played for 12 overs where four games were organised on its first day of the tournament whereas six games were played during two days. The tournament was kicked off by celebrities such as Paras Khadka, Sarad Veswakar, Rima Bishwakarma, Nagma Shrestha and Yama Budhha. Similarly, young entrepreneurs also played friendly match before the final of the tournament.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4234',
			'image' => '20160913104217_coca-cola indorr crk.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 10 => array(
		'Article' => array(
			'id' => '4400',
			'article_category_id' => '1',
			'title' => ''Switch ON' Multi-Brand Electronic Showroom Opens',
			'sub_title' => '',
			'summary' => 'September 13: Golchha Organisation has come up with a multi-brand showroom- Switch ON with the motive to provide Electronic and Electrical products at a single place to make shopping easier for the consumers. Issuing a press release, the company informed of opening of the store at Nara',
			'content' => '<p>September 13: Golchha Organisation has come up with a multi-brand showroom- Switch ON with the motive to provide Electronic and Electrical products at a single place to make shopping easier for the consumers. Issuing a press release, the company informed of opening of the store at Narayan Chaur, Naxal, Kathmandu. Switch ON provides a diverse range of electronic consumer durable goods and home appliances.</p>

<p>According to the press release, products like mobile, TV, refrigerator, washing machine, led lights, watches and other electronic-electrical items of the brands Samsung, Himstar, Bajaj Electricals, Timex, Osram, Ahuja, Indoasian are available at the store. &ldquo;With the hectic schedules, that has made people&rsquo;s life complicated, Switch On is opened with the purpose to make at least the shopping part easier. Our sole aim is to provide highest quality goods at fairly competitive rates to all the categories of consumers-both individual and corporate. We welcome you all to our newly opened electronics and electrical showroom of international quality and range for your preview,&rdquo; said arepresentative of Switch On.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => 'multi-brand showroom in Kathmandu, electronic and electrical products in kathmandu, Golchha organisation',
			'description' => '',
			'sortorder' => '4233',
			'image' => '20160913103326_switch on.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '4399',
			'article_category_id' => '1',
			'title' => 'Huawei’s Festive Scheme ',
			'sub_title' => '',
			'summary' => 'September 8: Huawei Consumer Business Group has announced the launch of its Dashain scheme “ Prize Ek-sa- Ek, Yo Dashain Ma Bhagyashaali Anek” from Friday, September 9.',
			'content' => '<p style="text-align: justify;">September 8: Huawei Consumer Business Group has announced the launch of its Dashain scheme &ldquo; Prize Ek-sa- Ek, Yo Dashain Ma Bhagyashaali Anek&rdquo; from Friday, September 9.</p>

<p style="text-align: justify;">Issuing a press statement, the company informed that the scheme will last for one moth till October 8.&rdquo; Customers can win various gift hampers on the purchase of Huawei smartphones of both low and high price ranges. Under the scheme, Huawei will give out prizes to lucky customers on a weekly and fortnightly basis under the scheme.</p>

<p style="text-align: justify;">&nbsp;&ldquo;Around 100 power banks and 20 smartphones and four giant cycles with kit will be given out every week to lucky customers selected through a lucky draw. The highlight of the campaign is fortnightly draw in which a Vespa and a Royal Enfield will be given out to two lucky customers selected through a live lucky draw,&rdquo; reads the statement. &nbsp;To participate in these lucky draws, customers will have to buy any Huawei smartphone and SMS Huawei (space) 15 digit &nbsp;IMEI number to 32200. According to the statement, the winners will be announced on the official Facebook page of Huawei (/Huaweidevicenepal).</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4232',
			'image' => '20160912044849_huawei1.jpg',
			'article_date' => '2016-09-12 00:00:00',
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			'main_news' => true,
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	(int) 12 => array(
		'Article' => array(
			'id' => '4398',
			'article_category_id' => '1',
			'title' => 'Annual General Meeting of ICRA Nepal ',
			'sub_title' => '',
			'summary' => 'September 12: ICRA Nepal is conducting its fourth annual general meeting on October 4 at Radisson Hotel, Lazimpat. The board of directors of the company ',
			'content' => '<p>September 12: ICRA Nepal is conducting its fourth annual general meeting on October 4 at Radisson Hotel, Lazimpat. The board of directors of the company is proposing to distribute 10.53 percent dividend of its paid-up capital to its shareholders in the program.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4231',
			'image' => '20160912034422_icra.JPG',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '4397',
			'article_category_id' => '1',
			'title' => 'Fewa and Gandaki Bikash Bank Sign MoU for Merger',
			'sub_title' => '',
			'summary' => 'September 12: Fewa Bikas Bank and Gandaki Bikash Bank having their head office at Pokhara signed a memorandum of understanding (MoU) for merger on September 9.  The bank decided to go for merger following the paid-up capital expansion policy issued by Nepal Rastra Bank (NRB).',
			'content' => '<p style="text-align:justify">September 12: Fewa Bikas Bank and Gandaki Bikash Bank having their head office at Pokhara signed a memorandum of understanding (MoU) for merger on September 9. &nbsp;The bank decided to go for merger following the paid-up capital expansion policy issued by Nepal Rastra Bank (NRB).</p>

<p style="text-align:justify">The MoU was signed by Bindu Kumar Thapa, Chairman of Fewa Bikash Bank and Padam Prasad Paudel, Chairman of Gandaki Bikash Bank. After the merger, Director of Fewa Bikash Bank, Jagan Bahadur Gurung will remain as Chairman of the bank whereas Resham Bahadur Thapa will be the CEO of the bank.</p>

<p style="text-align:justify">&ldquo;The merged entity will have Rs 1.56 billion paid-up capital, &nbsp;Rs 460 million profit, Rs 17.27 billion deposit and Rs 14.85 billion loan extension,&rdquo; informs the bank in a press statement. After the merger, the bank will be providing its services through 50 branches including head office and 21 ATM outlets.<br />
&nbsp;&nbsp;<br />
&nbsp;&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4230',
			'image' => '20160912014026_fewa.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4396',
			'article_category_id' => '1',
			'title' => 'Miteri Devt Bank to Distribute 30 % Bonus Share',
			'sub_title' => '',
			'summary' => 'September 12: The board of directors meeting of Miteri Development bank has decided to distribute 30% bonus share and 1.58 percent cash dividend for tax provision to its shareholders. However, the proposed bonus share and cash dividend is scheduled to approval from Nepal Rastra Bank and forthcoming annual general meeting of the company. ',
			'content' => '<p style="text-align:justify">September 12: The board of directors meeting of Miteri Development bank has decided to distribute 30% bonus share and 1.58 percent cash dividend for tax provision to its shareholders. However, the proposed bonus share and cash dividend is scheduled to approval from Nepal Rastra Bank and forthcoming annual general meeting of the company.&nbsp;</p>

<p style="text-align:justify">Meanwhile, the bank will be closing its shareholders book for the issuance of 2:1 right shares on September 22. &nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2016-09-12',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '4229',
			'image' => '20160912012018_miteri.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4410',
			'article_category_id' => '1',
			'title' => 'China Tops FDI Commitment in Nepal',
			'sub_title' => '',
			'summary' => 'September 13: The initial statistic of current fiscal year (FY) has shown positive indication for foreign direct investment (FDI) in Nepal. The growth of FDI in the current FY is being predicted due to the abundant commitment for the investment within the one and half month of the current FY.  In the previous',
			'content' => '<p>September 13: The initial statistic of current fiscal year (FY) has shown positive indication for foreign direct investment (FDI) in Nepal. The growth of FDI in the current FY is being predicted due to the abundant commitment for the investment within the one and half month of the current FY. &nbsp;In the previous FY, the commitment for FDI had contracted due to the earthquake, border blockade and Tarai unrest. &ldquo;The first statistic could be taken as signal of increase in FDI, as there is no obstacle this year,&rdquo; said Maheshwor Neupane, Director General of Department of Industry (DoI).</p>

<p><br />
According to the DoI, 38 industries including one big industry, five middle scales along with 32 small scale industries have been registered till August 31 under FDI. In the previous year, such registered industries were 341. &nbsp;A total of Rs 1.36 billion worth of FDI has been committed this FY under which Rs 370.78 million is current capital and Rs 1.12 billion is fixed capital. Among the investment, Rs 1.7 billion FDI is committed from China and the rest is of domestic investment.</p>

<p><br />
China has committed the highest amount of FDI in the country. 44 out of the total 68 registered industries are from China. &nbsp;China has committed to invest Rs 1.13 billion FDI including Rs 297.3 million on current capital and Rs 834.1 million on fixed capital.</p>

<p><br />
Similarly, India is the second highest FDI commitment holder. India has committed to invest in seven industries so far. &nbsp;The industries has provided the FDI &nbsp;commitment of Rs 40.9 million as current capital and Rs 128.5 million fixed capital with total amount of Rs 169.5 million. In the total amount, Rs 110.70 million is from India and the rest is domestic investment.</p>

<p><br />
Likewise, America, Japan, Britain, Germany, Pakistan, Russia, South Korea, Switzerland and Netherland are some countries that have committed for FDI. &nbsp;</p>

<p><br />
According to Neupane, government is preparing required legal mechanism to ease FDI. &ldquo;The necessary suggestion on the drafts of foreign investment and technology transform Act has been send to the Ministry,&rdquo; he said adding, &ldquo;The Act will be presented as bill by December/January.&rdquo;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4243',
			'image' => '20160913040205_fdi.jpg',
			'article_date' => '2016-09-13 00:00:00',
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		'Article' => array(
			'id' => '4409',
			'article_category_id' => '1',
			'title' => 'Growth Sellers Organises Sales Summit 2016',
			'sub_title' => '',
			'summary' => 'September 13: Growth Sellers has organized “Sales Summit 2016” in collaboration with MAW on September 11, 2016 in Kathmandu. The sales summit was the first national sales conference of Nepal. The main aim of the conference was to strengthen potentials of sales professionals across the nations.',
			'content' => '<p style="text-align:justify">September 13: Growth Sellers has organized &ldquo;Sales Summit 2016&rdquo; in collaboration with MAW on September 11, 2016 in Kathmandu. The sales summit was the first national sales conference of Nepal. The main aim of the conference was to strengthen potentials of sales professionals across the nations.</p>

<p style="text-align:justify"><br />
Issuing a press statement, it has been informed that more than 250 participants from different sectors and professions participated in the one day event that featured Harish Bijoor, speaker from India.</p>

<p style="text-align:justify"><br />
&ldquo;The event was interactive and entirely focused on the idea and opinion sharing among the participants which ultimately helps strengthening knowledge of sales fraternity. The event moreover focused on the new sales trends and techniques going around the globe, challenges sales force are facing and current scenario of sales in Nepalese market,&rdquo; reads the statement.</p>

<p style="text-align:justify"><br />
&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4242',
			'image' => '20160913015117_sales summit.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '4408',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Awarded ‘Best Bank in Public Sector’',
			'sub_title' => '',
			'summary' => 'September 13: Citizens Bank International has been awarded ‘Best Bank in Public Sector’ in a program organised by world HRD Congress in Singapore. T',
			'content' => '<p>September 13: Citizens Bank International has been awarded &lsquo;Best Bank in Public Sector&rsquo; in a program organised by world HRD Congress in Singapore. The bank was awarded the title by Asia Banking, Financial services and insurance excellence awards 2016. Various banks, finance companies and insurance companies were awarded in 9 different categories in the program.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4241',
			'image' => '20160913011320_citizens.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '4407',
			'article_category_id' => '1',
			'title' => 'Janata Bank Launches Janata Kabach Saving Scheme',
			'sub_title' => '',
			'summary' => 'September 13: Janata Bank has launched a new deposit product named 'Janata Kabach'.',
			'content' => '<p>September 13: Janata Bank has launched a new deposit product named &#39;Janata Kabach&#39;.&nbsp;Issuing a press statement, the bank informed that under the product, it would provide accidental death insurance of up to Rs 1 million and housing insurance of up to Rs 10 million or 20 folds of total deposit accumulated on the deposit account.</p>

<p>&quot;The bank believes that &#39;Janata Kabach&#39; will not only provide saving facility but also the security to the public,&quot; reads the statement.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4240',
			'image' => '20160913123623_janata.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '4406',
			'article_category_id' => '1',
			'title' => 'NCC Bank Starts Extension Counter at Rupendehi',
			'sub_title' => '',
			'summary' => 'September 13:  Nepal Credit & Commerce (NCC) Bank   has started its extension counter at Universal Medical College in Paklihawa of Rupendehi. Issuing a press statement, the bank informed that Laxmi Prapanna Niraula, the coordinator of the bank’s management committee, and Ramesh Sharma',
			'content' => '<p>September 13:&nbsp; Nepal Credit &amp; Commerce (NCC) Bank&nbsp;&nbsp; has started its extension counter at Universal Medical College in Paklihawa of Rupendehi.</p>

<p>Issuing a press statement, the bank informed that Laxmi Prapanna Niraula, the coordinator of the bank&rsquo;s management committee, and Ramesh Sharma, Chairperson of the medical college, jointly inaugurated the extension counter amid a ceremony held on September 10.</p>

<p>&ldquo;The extension counter will render services like cash deposit, payment and remittance services,&rdquo; reads the statement.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4239',
			'image' => '20160913122746_ncc.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '4405',
			'article_category_id' => '1',
			'title' => 'Kumari Bank Launches Chip-Based Credit Cards',
			'sub_title' => '',
			'summary' => 'September 13:  Kumari Bank Ltd (KBL) has launched new chip-based credit cards in a bid to provide additional facilities and services along with secure transactions to the customers.',
			'content' => '<p style="text-align: justify;">September 13:&nbsp; Kumari Bank Ltd (KBL) has launched new chip-based credit cards in a bid to provide additional facilities and services along with secure transactions to the customers.</p>

<p style="text-align: justify;">&nbsp;Issuing a press statement, the bank informed of issuing two types of Credit Cards including domestic credit card and international credit card. Domestic credit card is valid in Nepal and India whereas international credit card, issued in US Dollar, is accepted worldwide. &ldquo;The card enables to make payments for purchases over POS terminals and withdraw cash as well as through the ATM Terminals,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4238',
			'image' => '20160913121857_kumari bank.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '4404',
			'article_category_id' => '1',
			'title' => 'Ncell Supports Reforestation and Conservation Activities',
			'sub_title' => '',
			'summary' => 'September 13: Ncell has taken an initiative to support reforestation and also implemented environmental awareness program in Dhanusha. Issuing a press statement, t',
			'content' => '<p style="text-align:justify">September 13: Ncell has taken an initiative to support reforestation and also implemented environmental awareness program in Dhanusha. Issuing a press statement, the company informed that it is supporting the program aiming to contribute in awareness and conservation of environment.</p>

<p style="text-align:justify">According to the press statement, it has planted 50,000 trees in 33 hectares barren areas of Dhanushadham Protected Forest (DPF) to develop it as an area of environmental and ecological importance under its corporate social responsibility. &ldquo;In order to make sure local communities cohabit and contribute in conservation, the company also implemented awareness programs involving schools, teachers, parents and community people of the surrounding area,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4237',
			'image' => '20160913120323_ncell.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 7 => array(
		'Article' => array(
			'id' => '4403',
			'article_category_id' => '1',
			'title' => '27 Bajaj REs Booked at Bajaj RE Test Drive Fair',
			'sub_title' => '',
			'summary' => 'September 13: Bajaj RE test drive fair organized by Hansraj Hulaschand and Company in collaboration with Panas Auto, the authorised distributor of Bajaj three-wheelers in Nepalgunj was concluded on September 10 in Kohalpur, Banke. According to the company, 27 Bajaj RE three-wh',
			'content' => '<p style="text-align: justify;">September 13: Bajaj RE test drive fair organized by Hansraj Hulaschand and Company in collaboration with Panas Auto, the authorised distributor of Bajaj three-wheelers in Nepalgunj was concluded on September 10 in Kohalpur, Banke. According to the company, 27 Bajaj RE three-wheelers were booked during the fair.&nbsp;</p>

<p style="text-align: justify;">The event that had the guest appearance of Jagat Bahadur Basnet, Chief District Officer of Kohalpur was visited by 2,000 people. The event provided 650 test-drive program to interested visitors.&nbsp;</p>

<p style="text-align: justify;">Similarly, the event also conducted 24 lucky draws. Various programs including musical, stand-up comedy, free Bajaj test-drive, photo session, food-stalls, entertainment programs for kids and traffic awareness program were organized during the event.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4236',
			'image' => '20160913113206_bajaj rey.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4402',
			'article_category_id' => '1',
			'title' => 'Hemraj Pandey Declared 1st Winner of Bajaj’s ‘Cash Wish’',
			'sub_title' => '',
			'summary' => 'September 13: Hansraj Hulaschand and Company, the authorised distributor of Bajaj Company for Nepal has announced the winner of its ‘Cash Wish’ Scheme started few days ago.  According to the company, Hemraj Pandey from Bedkot Municipality-10 has won Rs 100,000 after purchasing Pulsar 180 cc on September 5. The scheme was launched aiming the festive occasion of Dashain-Tihar.',
			'content' => '<p style="text-align:justify">September 13: Hansraj Hulaschand and Company, the authorised distributor of Bajaj Company for Nepal has announced the winner of its &lsquo;Cash Wish&rsquo; Scheme started few days ago. &nbsp;According to the company, Hemraj Pandey from Bedkot Municipality-10 has won Rs 100,000 after purchasing Pulsar 180 cc on September 5. The scheme was launched aiming the festive occasion of Dashain-Tihar.</p>

<p style="text-align:justify">Under the scheme, the buyers of Bajaj two-wheelers will get scratch card with encoded magic code. The buyers can win up to Rs 100,000 by typing the magic code, dealer code and buyer&rsquo;s name and send SMS to 34001, informs the company.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4235',
			'image' => '20160913110354_bajaj.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 9 => array(
		'Article' => array(
			'id' => '4401',
			'article_category_id' => '1',
			'title' => 'Coca-Cola Indoor Corporate Cup Cricket Concludes',
			'sub_title' => '',
			'summary' => 'September 13: Coca-Cola Indoor Corporate Cup Cricket has concluded on September 12 where Gorkha Brewery is declared as winner of the tournament. According to organiser, the winners were awarded with Silver trophy for the first time in Nepal instead of cash and personal rewards',
			'content' => '<p>September 13: Coca-Cola Indoor Corporate Cup Cricket has concluded on September 12 where Gorkha Brewery is declared as winner of the tournament. According to organiser, the winners were awarded with Silver trophy for the first time in Nepal instead of cash and personal rewards.&nbsp;</p>

<p>The tournament, organized jointly by Coca-Cola Nepal and Nepal Sports Management was held at Indoor Cricket Hall, Velocity Arena located in Ratopul. The two days event scheduled on September 9 and 10 was participated by 12 teams from corporate sectors.&nbsp;</p>

<p>As per the organiser, each game was played for 12 overs where four games were organised on its first day of the tournament whereas six games were played during two days. The tournament was kicked off by celebrities such as Paras Khadka, Sarad Veswakar, Rima Bishwakarma, Nagma Shrestha and Yama Budhha. Similarly, young entrepreneurs also played friendly match before the final of the tournament.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4234',
			'image' => '20160913104217_coca-cola indorr crk.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '4400',
			'article_category_id' => '1',
			'title' => ''Switch ON' Multi-Brand Electronic Showroom Opens',
			'sub_title' => '',
			'summary' => 'September 13: Golchha Organisation has come up with a multi-brand showroom- Switch ON with the motive to provide Electronic and Electrical products at a single place to make shopping easier for the consumers. Issuing a press release, the company informed of opening of the store at Nara',
			'content' => '<p>September 13: Golchha Organisation has come up with a multi-brand showroom- Switch ON with the motive to provide Electronic and Electrical products at a single place to make shopping easier for the consumers. Issuing a press release, the company informed of opening of the store at Narayan Chaur, Naxal, Kathmandu. Switch ON provides a diverse range of electronic consumer durable goods and home appliances.</p>

<p>According to the press release, products like mobile, TV, refrigerator, washing machine, led lights, watches and other electronic-electrical items of the brands Samsung, Himstar, Bajaj Electricals, Timex, Osram, Ahuja, Indoasian are available at the store. &ldquo;With the hectic schedules, that has made people&rsquo;s life complicated, Switch On is opened with the purpose to make at least the shopping part easier. Our sole aim is to provide highest quality goods at fairly competitive rates to all the categories of consumers-both individual and corporate. We welcome you all to our newly opened electronics and electrical showroom of international quality and range for your preview,&rdquo; said arepresentative of Switch On.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => 'multi-brand showroom in Kathmandu, electronic and electrical products in kathmandu, Golchha organisation',
			'description' => '',
			'sortorder' => '4233',
			'image' => '20160913103326_switch on.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '4399',
			'article_category_id' => '1',
			'title' => 'Huawei’s Festive Scheme ',
			'sub_title' => '',
			'summary' => 'September 8: Huawei Consumer Business Group has announced the launch of its Dashain scheme “ Prize Ek-sa- Ek, Yo Dashain Ma Bhagyashaali Anek” from Friday, September 9.',
			'content' => '<p style="text-align: justify;">September 8: Huawei Consumer Business Group has announced the launch of its Dashain scheme &ldquo; Prize Ek-sa- Ek, Yo Dashain Ma Bhagyashaali Anek&rdquo; from Friday, September 9.</p>

<p style="text-align: justify;">Issuing a press statement, the company informed that the scheme will last for one moth till October 8.&rdquo; Customers can win various gift hampers on the purchase of Huawei smartphones of both low and high price ranges. Under the scheme, Huawei will give out prizes to lucky customers on a weekly and fortnightly basis under the scheme.</p>

<p style="text-align: justify;">&nbsp;&ldquo;Around 100 power banks and 20 smartphones and four giant cycles with kit will be given out every week to lucky customers selected through a lucky draw. The highlight of the campaign is fortnightly draw in which a Vespa and a Royal Enfield will be given out to two lucky customers selected through a live lucky draw,&rdquo; reads the statement. &nbsp;To participate in these lucky draws, customers will have to buy any Huawei smartphone and SMS Huawei (space) 15 digit &nbsp;IMEI number to 32200. According to the statement, the winners will be announced on the official Facebook page of Huawei (/Huaweidevicenepal).</p>
',
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			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4232',
			'image' => '20160912044849_huawei1.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '4398',
			'article_category_id' => '1',
			'title' => 'Annual General Meeting of ICRA Nepal ',
			'sub_title' => '',
			'summary' => 'September 12: ICRA Nepal is conducting its fourth annual general meeting on October 4 at Radisson Hotel, Lazimpat. The board of directors of the company ',
			'content' => '<p>September 12: ICRA Nepal is conducting its fourth annual general meeting on October 4 at Radisson Hotel, Lazimpat. The board of directors of the company is proposing to distribute 10.53 percent dividend of its paid-up capital to its shareholders in the program.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4231',
			'image' => '20160912034422_icra.JPG',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '4397',
			'article_category_id' => '1',
			'title' => 'Fewa and Gandaki Bikash Bank Sign MoU for Merger',
			'sub_title' => '',
			'summary' => 'September 12: Fewa Bikas Bank and Gandaki Bikash Bank having their head office at Pokhara signed a memorandum of understanding (MoU) for merger on September 9.  The bank decided to go for merger following the paid-up capital expansion policy issued by Nepal Rastra Bank (NRB).',
			'content' => '<p style="text-align:justify">September 12: Fewa Bikas Bank and Gandaki Bikash Bank having their head office at Pokhara signed a memorandum of understanding (MoU) for merger on September 9. &nbsp;The bank decided to go for merger following the paid-up capital expansion policy issued by Nepal Rastra Bank (NRB).</p>

<p style="text-align:justify">The MoU was signed by Bindu Kumar Thapa, Chairman of Fewa Bikash Bank and Padam Prasad Paudel, Chairman of Gandaki Bikash Bank. After the merger, Director of Fewa Bikash Bank, Jagan Bahadur Gurung will remain as Chairman of the bank whereas Resham Bahadur Thapa will be the CEO of the bank.</p>

<p style="text-align:justify">&ldquo;The merged entity will have Rs 1.56 billion paid-up capital, &nbsp;Rs 460 million profit, Rs 17.27 billion deposit and Rs 14.85 billion loan extension,&rdquo; informs the bank in a press statement. After the merger, the bank will be providing its services through 50 branches including head office and 21 ATM outlets.<br />
&nbsp;&nbsp;<br />
&nbsp;&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4230',
			'image' => '20160912014026_fewa.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4396',
			'article_category_id' => '1',
			'title' => 'Miteri Devt Bank to Distribute 30 % Bonus Share',
			'sub_title' => '',
			'summary' => 'September 12: The board of directors meeting of Miteri Development bank has decided to distribute 30% bonus share and 1.58 percent cash dividend for tax provision to its shareholders. However, the proposed bonus share and cash dividend is scheduled to approval from Nepal Rastra Bank and forthcoming annual general meeting of the company. ',
			'content' => '<p style="text-align:justify">September 12: The board of directors meeting of Miteri Development bank has decided to distribute 30% bonus share and 1.58 percent cash dividend for tax provision to its shareholders. However, the proposed bonus share and cash dividend is scheduled to approval from Nepal Rastra Bank and forthcoming annual general meeting of the company.&nbsp;</p>

<p style="text-align:justify">Meanwhile, the bank will be closing its shareholders book for the issuance of 2:1 right shares on September 22. &nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2016-09-12',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '4229',
			'image' => '20160912012018_miteri.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4410',
			'article_category_id' => '1',
			'title' => 'China Tops FDI Commitment in Nepal',
			'sub_title' => '',
			'summary' => 'September 13: The initial statistic of current fiscal year (FY) has shown positive indication for foreign direct investment (FDI) in Nepal. The growth of FDI in the current FY is being predicted due to the abundant commitment for the investment within the one and half month of the current FY.  In the previous',
			'content' => '<p>September 13: The initial statistic of current fiscal year (FY) has shown positive indication for foreign direct investment (FDI) in Nepal. The growth of FDI in the current FY is being predicted due to the abundant commitment for the investment within the one and half month of the current FY. &nbsp;In the previous FY, the commitment for FDI had contracted due to the earthquake, border blockade and Tarai unrest. &ldquo;The first statistic could be taken as signal of increase in FDI, as there is no obstacle this year,&rdquo; said Maheshwor Neupane, Director General of Department of Industry (DoI).</p>

<p><br />
According to the DoI, 38 industries including one big industry, five middle scales along with 32 small scale industries have been registered till August 31 under FDI. In the previous year, such registered industries were 341. &nbsp;A total of Rs 1.36 billion worth of FDI has been committed this FY under which Rs 370.78 million is current capital and Rs 1.12 billion is fixed capital. Among the investment, Rs 1.7 billion FDI is committed from China and the rest is of domestic investment.</p>

<p><br />
China has committed the highest amount of FDI in the country. 44 out of the total 68 registered industries are from China. &nbsp;China has committed to invest Rs 1.13 billion FDI including Rs 297.3 million on current capital and Rs 834.1 million on fixed capital.</p>

<p><br />
Similarly, India is the second highest FDI commitment holder. India has committed to invest in seven industries so far. &nbsp;The industries has provided the FDI &nbsp;commitment of Rs 40.9 million as current capital and Rs 128.5 million fixed capital with total amount of Rs 169.5 million. In the total amount, Rs 110.70 million is from India and the rest is domestic investment.</p>

<p><br />
Likewise, America, Japan, Britain, Germany, Pakistan, Russia, South Korea, Switzerland and Netherland are some countries that have committed for FDI. &nbsp;</p>

<p><br />
According to Neupane, government is preparing required legal mechanism to ease FDI. &ldquo;The necessary suggestion on the drafts of foreign investment and technology transform Act has been send to the Ministry,&rdquo; he said adding, &ldquo;The Act will be presented as bill by December/January.&rdquo;</p>

<p>&nbsp;</p>
',
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			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4243',
			'image' => '20160913040205_fdi.jpg',
			'article_date' => '2016-09-13 00:00:00',
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	(int) 1 => array(
		'Article' => array(
			'id' => '4409',
			'article_category_id' => '1',
			'title' => 'Growth Sellers Organises Sales Summit 2016',
			'sub_title' => '',
			'summary' => 'September 13: Growth Sellers has organized “Sales Summit 2016” in collaboration with MAW on September 11, 2016 in Kathmandu. The sales summit was the first national sales conference of Nepal. The main aim of the conference was to strengthen potentials of sales professionals across the nations.',
			'content' => '<p style="text-align:justify">September 13: Growth Sellers has organized &ldquo;Sales Summit 2016&rdquo; in collaboration with MAW on September 11, 2016 in Kathmandu. The sales summit was the first national sales conference of Nepal. The main aim of the conference was to strengthen potentials of sales professionals across the nations.</p>

<p style="text-align:justify"><br />
Issuing a press statement, it has been informed that more than 250 participants from different sectors and professions participated in the one day event that featured Harish Bijoor, speaker from India.</p>

<p style="text-align:justify"><br />
&ldquo;The event was interactive and entirely focused on the idea and opinion sharing among the participants which ultimately helps strengthening knowledge of sales fraternity. The event moreover focused on the new sales trends and techniques going around the globe, challenges sales force are facing and current scenario of sales in Nepalese market,&rdquo; reads the statement.</p>

<p style="text-align:justify"><br />
&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4242',
			'image' => '20160913015117_sales summit.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '4408',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Awarded ‘Best Bank in Public Sector’',
			'sub_title' => '',
			'summary' => 'September 13: Citizens Bank International has been awarded ‘Best Bank in Public Sector’ in a program organised by world HRD Congress in Singapore. T',
			'content' => '<p>September 13: Citizens Bank International has been awarded &lsquo;Best Bank in Public Sector&rsquo; in a program organised by world HRD Congress in Singapore. The bank was awarded the title by Asia Banking, Financial services and insurance excellence awards 2016. Various banks, finance companies and insurance companies were awarded in 9 different categories in the program.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4241',
			'image' => '20160913011320_citizens.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '4407',
			'article_category_id' => '1',
			'title' => 'Janata Bank Launches Janata Kabach Saving Scheme',
			'sub_title' => '',
			'summary' => 'September 13: Janata Bank has launched a new deposit product named 'Janata Kabach'.',
			'content' => '<p>September 13: Janata Bank has launched a new deposit product named &#39;Janata Kabach&#39;.&nbsp;Issuing a press statement, the bank informed that under the product, it would provide accidental death insurance of up to Rs 1 million and housing insurance of up to Rs 10 million or 20 folds of total deposit accumulated on the deposit account.</p>

<p>&quot;The bank believes that &#39;Janata Kabach&#39; will not only provide saving facility but also the security to the public,&quot; reads the statement.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4240',
			'image' => '20160913123623_janata.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '4406',
			'article_category_id' => '1',
			'title' => 'NCC Bank Starts Extension Counter at Rupendehi',
			'sub_title' => '',
			'summary' => 'September 13:  Nepal Credit & Commerce (NCC) Bank   has started its extension counter at Universal Medical College in Paklihawa of Rupendehi. Issuing a press statement, the bank informed that Laxmi Prapanna Niraula, the coordinator of the bank’s management committee, and Ramesh Sharma',
			'content' => '<p>September 13:&nbsp; Nepal Credit &amp; Commerce (NCC) Bank&nbsp;&nbsp; has started its extension counter at Universal Medical College in Paklihawa of Rupendehi.</p>

<p>Issuing a press statement, the bank informed that Laxmi Prapanna Niraula, the coordinator of the bank&rsquo;s management committee, and Ramesh Sharma, Chairperson of the medical college, jointly inaugurated the extension counter amid a ceremony held on September 10.</p>

<p>&ldquo;The extension counter will render services like cash deposit, payment and remittance services,&rdquo; reads the statement.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4239',
			'image' => '20160913122746_ncc.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '4405',
			'article_category_id' => '1',
			'title' => 'Kumari Bank Launches Chip-Based Credit Cards',
			'sub_title' => '',
			'summary' => 'September 13:  Kumari Bank Ltd (KBL) has launched new chip-based credit cards in a bid to provide additional facilities and services along with secure transactions to the customers.',
			'content' => '<p style="text-align: justify;">September 13:&nbsp; Kumari Bank Ltd (KBL) has launched new chip-based credit cards in a bid to provide additional facilities and services along with secure transactions to the customers.</p>

<p style="text-align: justify;">&nbsp;Issuing a press statement, the bank informed of issuing two types of Credit Cards including domestic credit card and international credit card. Domestic credit card is valid in Nepal and India whereas international credit card, issued in US Dollar, is accepted worldwide. &ldquo;The card enables to make payments for purchases over POS terminals and withdraw cash as well as through the ATM Terminals,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4238',
			'image' => '20160913121857_kumari bank.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '4404',
			'article_category_id' => '1',
			'title' => 'Ncell Supports Reforestation and Conservation Activities',
			'sub_title' => '',
			'summary' => 'September 13: Ncell has taken an initiative to support reforestation and also implemented environmental awareness program in Dhanusha. Issuing a press statement, t',
			'content' => '<p style="text-align:justify">September 13: Ncell has taken an initiative to support reforestation and also implemented environmental awareness program in Dhanusha. Issuing a press statement, the company informed that it is supporting the program aiming to contribute in awareness and conservation of environment.</p>

<p style="text-align:justify">According to the press statement, it has planted 50,000 trees in 33 hectares barren areas of Dhanushadham Protected Forest (DPF) to develop it as an area of environmental and ecological importance under its corporate social responsibility. &ldquo;In order to make sure local communities cohabit and contribute in conservation, the company also implemented awareness programs involving schools, teachers, parents and community people of the surrounding area,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4237',
			'image' => '20160913120323_ncell.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4403',
			'article_category_id' => '1',
			'title' => '27 Bajaj REs Booked at Bajaj RE Test Drive Fair',
			'sub_title' => '',
			'summary' => 'September 13: Bajaj RE test drive fair organized by Hansraj Hulaschand and Company in collaboration with Panas Auto, the authorised distributor of Bajaj three-wheelers in Nepalgunj was concluded on September 10 in Kohalpur, Banke. According to the company, 27 Bajaj RE three-wh',
			'content' => '<p style="text-align: justify;">September 13: Bajaj RE test drive fair organized by Hansraj Hulaschand and Company in collaboration with Panas Auto, the authorised distributor of Bajaj three-wheelers in Nepalgunj was concluded on September 10 in Kohalpur, Banke. According to the company, 27 Bajaj RE three-wheelers were booked during the fair.&nbsp;</p>

<p style="text-align: justify;">The event that had the guest appearance of Jagat Bahadur Basnet, Chief District Officer of Kohalpur was visited by 2,000 people. The event provided 650 test-drive program to interested visitors.&nbsp;</p>

<p style="text-align: justify;">Similarly, the event also conducted 24 lucky draws. Various programs including musical, stand-up comedy, free Bajaj test-drive, photo session, food-stalls, entertainment programs for kids and traffic awareness program were organized during the event.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4236',
			'image' => '20160913113206_bajaj rey.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4402',
			'article_category_id' => '1',
			'title' => 'Hemraj Pandey Declared 1st Winner of Bajaj’s ‘Cash Wish’',
			'sub_title' => '',
			'summary' => 'September 13: Hansraj Hulaschand and Company, the authorised distributor of Bajaj Company for Nepal has announced the winner of its ‘Cash Wish’ Scheme started few days ago.  According to the company, Hemraj Pandey from Bedkot Municipality-10 has won Rs 100,000 after purchasing Pulsar 180 cc on September 5. The scheme was launched aiming the festive occasion of Dashain-Tihar.',
			'content' => '<p style="text-align:justify">September 13: Hansraj Hulaschand and Company, the authorised distributor of Bajaj Company for Nepal has announced the winner of its &lsquo;Cash Wish&rsquo; Scheme started few days ago. &nbsp;According to the company, Hemraj Pandey from Bedkot Municipality-10 has won Rs 100,000 after purchasing Pulsar 180 cc on September 5. The scheme was launched aiming the festive occasion of Dashain-Tihar.</p>

<p style="text-align:justify">Under the scheme, the buyers of Bajaj two-wheelers will get scratch card with encoded magic code. The buyers can win up to Rs 100,000 by typing the magic code, dealer code and buyer&rsquo;s name and send SMS to 34001, informs the company.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4235',
			'image' => '20160913110354_bajaj.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4401',
			'article_category_id' => '1',
			'title' => 'Coca-Cola Indoor Corporate Cup Cricket Concludes',
			'sub_title' => '',
			'summary' => 'September 13: Coca-Cola Indoor Corporate Cup Cricket has concluded on September 12 where Gorkha Brewery is declared as winner of the tournament. According to organiser, the winners were awarded with Silver trophy for the first time in Nepal instead of cash and personal rewards',
			'content' => '<p>September 13: Coca-Cola Indoor Corporate Cup Cricket has concluded on September 12 where Gorkha Brewery is declared as winner of the tournament. According to organiser, the winners were awarded with Silver trophy for the first time in Nepal instead of cash and personal rewards.&nbsp;</p>

<p>The tournament, organized jointly by Coca-Cola Nepal and Nepal Sports Management was held at Indoor Cricket Hall, Velocity Arena located in Ratopul. The two days event scheduled on September 9 and 10 was participated by 12 teams from corporate sectors.&nbsp;</p>

<p>As per the organiser, each game was played for 12 overs where four games were organised on its first day of the tournament whereas six games were played during two days. The tournament was kicked off by celebrities such as Paras Khadka, Sarad Veswakar, Rima Bishwakarma, Nagma Shrestha and Yama Budhha. Similarly, young entrepreneurs also played friendly match before the final of the tournament.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4234',
			'image' => '20160913104217_coca-cola indorr crk.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4400',
			'article_category_id' => '1',
			'title' => ''Switch ON' Multi-Brand Electronic Showroom Opens',
			'sub_title' => '',
			'summary' => 'September 13: Golchha Organisation has come up with a multi-brand showroom- Switch ON with the motive to provide Electronic and Electrical products at a single place to make shopping easier for the consumers. Issuing a press release, the company informed of opening of the store at Nara',
			'content' => '<p>September 13: Golchha Organisation has come up with a multi-brand showroom- Switch ON with the motive to provide Electronic and Electrical products at a single place to make shopping easier for the consumers. Issuing a press release, the company informed of opening of the store at Narayan Chaur, Naxal, Kathmandu. Switch ON provides a diverse range of electronic consumer durable goods and home appliances.</p>

<p>According to the press release, products like mobile, TV, refrigerator, washing machine, led lights, watches and other electronic-electrical items of the brands Samsung, Himstar, Bajaj Electricals, Timex, Osram, Ahuja, Indoasian are available at the store. &ldquo;With the hectic schedules, that has made people&rsquo;s life complicated, Switch On is opened with the purpose to make at least the shopping part easier. Our sole aim is to provide highest quality goods at fairly competitive rates to all the categories of consumers-both individual and corporate. We welcome you all to our newly opened electronics and electrical showroom of international quality and range for your preview,&rdquo; said arepresentative of Switch On.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => 'multi-brand showroom in Kathmandu, electronic and electrical products in kathmandu, Golchha organisation',
			'description' => '',
			'sortorder' => '4233',
			'image' => '20160913103326_switch on.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 11 => array(
		'Article' => array(
			'id' => '4399',
			'article_category_id' => '1',
			'title' => 'Huawei’s Festive Scheme ',
			'sub_title' => '',
			'summary' => 'September 8: Huawei Consumer Business Group has announced the launch of its Dashain scheme “ Prize Ek-sa- Ek, Yo Dashain Ma Bhagyashaali Anek” from Friday, September 9.',
			'content' => '<p style="text-align: justify;">September 8: Huawei Consumer Business Group has announced the launch of its Dashain scheme &ldquo; Prize Ek-sa- Ek, Yo Dashain Ma Bhagyashaali Anek&rdquo; from Friday, September 9.</p>

<p style="text-align: justify;">Issuing a press statement, the company informed that the scheme will last for one moth till October 8.&rdquo; Customers can win various gift hampers on the purchase of Huawei smartphones of both low and high price ranges. Under the scheme, Huawei will give out prizes to lucky customers on a weekly and fortnightly basis under the scheme.</p>

<p style="text-align: justify;">&nbsp;&ldquo;Around 100 power banks and 20 smartphones and four giant cycles with kit will be given out every week to lucky customers selected through a lucky draw. The highlight of the campaign is fortnightly draw in which a Vespa and a Royal Enfield will be given out to two lucky customers selected through a live lucky draw,&rdquo; reads the statement. &nbsp;To participate in these lucky draws, customers will have to buy any Huawei smartphone and SMS Huawei (space) 15 digit &nbsp;IMEI number to 32200. According to the statement, the winners will be announced on the official Facebook page of Huawei (/Huaweidevicenepal).</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4232',
			'image' => '20160912044849_huawei1.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 12 => array(
		'Article' => array(
			'id' => '4398',
			'article_category_id' => '1',
			'title' => 'Annual General Meeting of ICRA Nepal ',
			'sub_title' => '',
			'summary' => 'September 12: ICRA Nepal is conducting its fourth annual general meeting on October 4 at Radisson Hotel, Lazimpat. The board of directors of the company ',
			'content' => '<p>September 12: ICRA Nepal is conducting its fourth annual general meeting on October 4 at Radisson Hotel, Lazimpat. The board of directors of the company is proposing to distribute 10.53 percent dividend of its paid-up capital to its shareholders in the program.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4231',
			'image' => '20160912034422_icra.JPG',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 13 => array(
		'Article' => array(
			'id' => '4397',
			'article_category_id' => '1',
			'title' => 'Fewa and Gandaki Bikash Bank Sign MoU for Merger',
			'sub_title' => '',
			'summary' => 'September 12: Fewa Bikas Bank and Gandaki Bikash Bank having their head office at Pokhara signed a memorandum of understanding (MoU) for merger on September 9.  The bank decided to go for merger following the paid-up capital expansion policy issued by Nepal Rastra Bank (NRB).',
			'content' => '<p style="text-align:justify">September 12: Fewa Bikas Bank and Gandaki Bikash Bank having their head office at Pokhara signed a memorandum of understanding (MoU) for merger on September 9. &nbsp;The bank decided to go for merger following the paid-up capital expansion policy issued by Nepal Rastra Bank (NRB).</p>

<p style="text-align:justify">The MoU was signed by Bindu Kumar Thapa, Chairman of Fewa Bikash Bank and Padam Prasad Paudel, Chairman of Gandaki Bikash Bank. After the merger, Director of Fewa Bikash Bank, Jagan Bahadur Gurung will remain as Chairman of the bank whereas Resham Bahadur Thapa will be the CEO of the bank.</p>

<p style="text-align:justify">&ldquo;The merged entity will have Rs 1.56 billion paid-up capital, &nbsp;Rs 460 million profit, Rs 17.27 billion deposit and Rs 14.85 billion loan extension,&rdquo; informs the bank in a press statement. After the merger, the bank will be providing its services through 50 branches including head office and 21 ATM outlets.<br />
&nbsp;&nbsp;<br />
&nbsp;&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4230',
			'image' => '20160912014026_fewa.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4396',
			'article_category_id' => '1',
			'title' => 'Miteri Devt Bank to Distribute 30 % Bonus Share',
			'sub_title' => '',
			'summary' => 'September 12: The board of directors meeting of Miteri Development bank has decided to distribute 30% bonus share and 1.58 percent cash dividend for tax provision to its shareholders. However, the proposed bonus share and cash dividend is scheduled to approval from Nepal Rastra Bank and forthcoming annual general meeting of the company. ',
			'content' => '<p style="text-align:justify">September 12: The board of directors meeting of Miteri Development bank has decided to distribute 30% bonus share and 1.58 percent cash dividend for tax provision to its shareholders. However, the proposed bonus share and cash dividend is scheduled to approval from Nepal Rastra Bank and forthcoming annual general meeting of the company.&nbsp;</p>

<p style="text-align:justify">Meanwhile, the bank will be closing its shareholders book for the issuance of 2:1 right shares on September 22. &nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '4229',
			'image' => '20160912012018_miteri.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4410',
			'article_category_id' => '1',
			'title' => 'China Tops FDI Commitment in Nepal',
			'sub_title' => '',
			'summary' => 'September 13: The initial statistic of current fiscal year (FY) has shown positive indication for foreign direct investment (FDI) in Nepal. The growth of FDI in the current FY is being predicted due to the abundant commitment for the investment within the one and half month of the current FY.  In the previous',
			'content' => '<p>September 13: The initial statistic of current fiscal year (FY) has shown positive indication for foreign direct investment (FDI) in Nepal. The growth of FDI in the current FY is being predicted due to the abundant commitment for the investment within the one and half month of the current FY. &nbsp;In the previous FY, the commitment for FDI had contracted due to the earthquake, border blockade and Tarai unrest. &ldquo;The first statistic could be taken as signal of increase in FDI, as there is no obstacle this year,&rdquo; said Maheshwor Neupane, Director General of Department of Industry (DoI).</p>

<p><br />
According to the DoI, 38 industries including one big industry, five middle scales along with 32 small scale industries have been registered till August 31 under FDI. In the previous year, such registered industries were 341. &nbsp;A total of Rs 1.36 billion worth of FDI has been committed this FY under which Rs 370.78 million is current capital and Rs 1.12 billion is fixed capital. Among the investment, Rs 1.7 billion FDI is committed from China and the rest is of domestic investment.</p>

<p><br />
China has committed the highest amount of FDI in the country. 44 out of the total 68 registered industries are from China. &nbsp;China has committed to invest Rs 1.13 billion FDI including Rs 297.3 million on current capital and Rs 834.1 million on fixed capital.</p>

<p><br />
Similarly, India is the second highest FDI commitment holder. India has committed to invest in seven industries so far. &nbsp;The industries has provided the FDI &nbsp;commitment of Rs 40.9 million as current capital and Rs 128.5 million fixed capital with total amount of Rs 169.5 million. In the total amount, Rs 110.70 million is from India and the rest is domestic investment.</p>

<p><br />
Likewise, America, Japan, Britain, Germany, Pakistan, Russia, South Korea, Switzerland and Netherland are some countries that have committed for FDI. &nbsp;</p>

<p><br />
According to Neupane, government is preparing required legal mechanism to ease FDI. &ldquo;The necessary suggestion on the drafts of foreign investment and technology transform Act has been send to the Ministry,&rdquo; he said adding, &ldquo;The Act will be presented as bill by December/January.&rdquo;</p>

<p>&nbsp;</p>
',
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			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4243',
			'image' => '20160913040205_fdi.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '4409',
			'article_category_id' => '1',
			'title' => 'Growth Sellers Organises Sales Summit 2016',
			'sub_title' => '',
			'summary' => 'September 13: Growth Sellers has organized “Sales Summit 2016” in collaboration with MAW on September 11, 2016 in Kathmandu. The sales summit was the first national sales conference of Nepal. The main aim of the conference was to strengthen potentials of sales professionals across the nations.',
			'content' => '<p style="text-align:justify">September 13: Growth Sellers has organized &ldquo;Sales Summit 2016&rdquo; in collaboration with MAW on September 11, 2016 in Kathmandu. The sales summit was the first national sales conference of Nepal. The main aim of the conference was to strengthen potentials of sales professionals across the nations.</p>

<p style="text-align:justify"><br />
Issuing a press statement, it has been informed that more than 250 participants from different sectors and professions participated in the one day event that featured Harish Bijoor, speaker from India.</p>

<p style="text-align:justify"><br />
&ldquo;The event was interactive and entirely focused on the idea and opinion sharing among the participants which ultimately helps strengthening knowledge of sales fraternity. The event moreover focused on the new sales trends and techniques going around the globe, challenges sales force are facing and current scenario of sales in Nepalese market,&rdquo; reads the statement.</p>

<p style="text-align:justify"><br />
&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4242',
			'image' => '20160913015117_sales summit.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 2 => array(
		'Article' => array(
			'id' => '4408',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Awarded ‘Best Bank in Public Sector’',
			'sub_title' => '',
			'summary' => 'September 13: Citizens Bank International has been awarded ‘Best Bank in Public Sector’ in a program organised by world HRD Congress in Singapore. T',
			'content' => '<p>September 13: Citizens Bank International has been awarded &lsquo;Best Bank in Public Sector&rsquo; in a program organised by world HRD Congress in Singapore. The bank was awarded the title by Asia Banking, Financial services and insurance excellence awards 2016. Various banks, finance companies and insurance companies were awarded in 9 different categories in the program.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4241',
			'image' => '20160913011320_citizens.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '4407',
			'article_category_id' => '1',
			'title' => 'Janata Bank Launches Janata Kabach Saving Scheme',
			'sub_title' => '',
			'summary' => 'September 13: Janata Bank has launched a new deposit product named 'Janata Kabach'.',
			'content' => '<p>September 13: Janata Bank has launched a new deposit product named &#39;Janata Kabach&#39;.&nbsp;Issuing a press statement, the bank informed that under the product, it would provide accidental death insurance of up to Rs 1 million and housing insurance of up to Rs 10 million or 20 folds of total deposit accumulated on the deposit account.</p>

<p>&quot;The bank believes that &#39;Janata Kabach&#39; will not only provide saving facility but also the security to the public,&quot; reads the statement.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4240',
			'image' => '20160913123623_janata.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '4406',
			'article_category_id' => '1',
			'title' => 'NCC Bank Starts Extension Counter at Rupendehi',
			'sub_title' => '',
			'summary' => 'September 13:  Nepal Credit & Commerce (NCC) Bank   has started its extension counter at Universal Medical College in Paklihawa of Rupendehi. Issuing a press statement, the bank informed that Laxmi Prapanna Niraula, the coordinator of the bank’s management committee, and Ramesh Sharma',
			'content' => '<p>September 13:&nbsp; Nepal Credit &amp; Commerce (NCC) Bank&nbsp;&nbsp; has started its extension counter at Universal Medical College in Paklihawa of Rupendehi.</p>

<p>Issuing a press statement, the bank informed that Laxmi Prapanna Niraula, the coordinator of the bank&rsquo;s management committee, and Ramesh Sharma, Chairperson of the medical college, jointly inaugurated the extension counter amid a ceremony held on September 10.</p>

<p>&ldquo;The extension counter will render services like cash deposit, payment and remittance services,&rdquo; reads the statement.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4239',
			'image' => '20160913122746_ncc.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '4405',
			'article_category_id' => '1',
			'title' => 'Kumari Bank Launches Chip-Based Credit Cards',
			'sub_title' => '',
			'summary' => 'September 13:  Kumari Bank Ltd (KBL) has launched new chip-based credit cards in a bid to provide additional facilities and services along with secure transactions to the customers.',
			'content' => '<p style="text-align: justify;">September 13:&nbsp; Kumari Bank Ltd (KBL) has launched new chip-based credit cards in a bid to provide additional facilities and services along with secure transactions to the customers.</p>

<p style="text-align: justify;">&nbsp;Issuing a press statement, the bank informed of issuing two types of Credit Cards including domestic credit card and international credit card. Domestic credit card is valid in Nepal and India whereas international credit card, issued in US Dollar, is accepted worldwide. &ldquo;The card enables to make payments for purchases over POS terminals and withdraw cash as well as through the ATM Terminals,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4238',
			'image' => '20160913121857_kumari bank.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4404',
			'article_category_id' => '1',
			'title' => 'Ncell Supports Reforestation and Conservation Activities',
			'sub_title' => '',
			'summary' => 'September 13: Ncell has taken an initiative to support reforestation and also implemented environmental awareness program in Dhanusha. Issuing a press statement, t',
			'content' => '<p style="text-align:justify">September 13: Ncell has taken an initiative to support reforestation and also implemented environmental awareness program in Dhanusha. Issuing a press statement, the company informed that it is supporting the program aiming to contribute in awareness and conservation of environment.</p>

<p style="text-align:justify">According to the press statement, it has planted 50,000 trees in 33 hectares barren areas of Dhanushadham Protected Forest (DPF) to develop it as an area of environmental and ecological importance under its corporate social responsibility. &ldquo;In order to make sure local communities cohabit and contribute in conservation, the company also implemented awareness programs involving schools, teachers, parents and community people of the surrounding area,&rdquo; reads the statement.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4237',
			'image' => '20160913120323_ncell.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4403',
			'article_category_id' => '1',
			'title' => '27 Bajaj REs Booked at Bajaj RE Test Drive Fair',
			'sub_title' => '',
			'summary' => 'September 13: Bajaj RE test drive fair organized by Hansraj Hulaschand and Company in collaboration with Panas Auto, the authorised distributor of Bajaj three-wheelers in Nepalgunj was concluded on September 10 in Kohalpur, Banke. According to the company, 27 Bajaj RE three-wh',
			'content' => '<p style="text-align: justify;">September 13: Bajaj RE test drive fair organized by Hansraj Hulaschand and Company in collaboration with Panas Auto, the authorised distributor of Bajaj three-wheelers in Nepalgunj was concluded on September 10 in Kohalpur, Banke. According to the company, 27 Bajaj RE three-wheelers were booked during the fair.&nbsp;</p>

<p style="text-align: justify;">The event that had the guest appearance of Jagat Bahadur Basnet, Chief District Officer of Kohalpur was visited by 2,000 people. The event provided 650 test-drive program to interested visitors.&nbsp;</p>

<p style="text-align: justify;">Similarly, the event also conducted 24 lucky draws. Various programs including musical, stand-up comedy, free Bajaj test-drive, photo session, food-stalls, entertainment programs for kids and traffic awareness program were organized during the event.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4236',
			'image' => '20160913113206_bajaj rey.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4402',
			'article_category_id' => '1',
			'title' => 'Hemraj Pandey Declared 1st Winner of Bajaj’s ‘Cash Wish’',
			'sub_title' => '',
			'summary' => 'September 13: Hansraj Hulaschand and Company, the authorised distributor of Bajaj Company for Nepal has announced the winner of its ‘Cash Wish’ Scheme started few days ago.  According to the company, Hemraj Pandey from Bedkot Municipality-10 has won Rs 100,000 after purchasing Pulsar 180 cc on September 5. The scheme was launched aiming the festive occasion of Dashain-Tihar.',
			'content' => '<p style="text-align:justify">September 13: Hansraj Hulaschand and Company, the authorised distributor of Bajaj Company for Nepal has announced the winner of its &lsquo;Cash Wish&rsquo; Scheme started few days ago. &nbsp;According to the company, Hemraj Pandey from Bedkot Municipality-10 has won Rs 100,000 after purchasing Pulsar 180 cc on September 5. The scheme was launched aiming the festive occasion of Dashain-Tihar.</p>

<p style="text-align:justify">Under the scheme, the buyers of Bajaj two-wheelers will get scratch card with encoded magic code. The buyers can win up to Rs 100,000 by typing the magic code, dealer code and buyer&rsquo;s name and send SMS to 34001, informs the company.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4235',
			'image' => '20160913110354_bajaj.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4401',
			'article_category_id' => '1',
			'title' => 'Coca-Cola Indoor Corporate Cup Cricket Concludes',
			'sub_title' => '',
			'summary' => 'September 13: Coca-Cola Indoor Corporate Cup Cricket has concluded on September 12 where Gorkha Brewery is declared as winner of the tournament. According to organiser, the winners were awarded with Silver trophy for the first time in Nepal instead of cash and personal rewards',
			'content' => '<p>September 13: Coca-Cola Indoor Corporate Cup Cricket has concluded on September 12 where Gorkha Brewery is declared as winner of the tournament. According to organiser, the winners were awarded with Silver trophy for the first time in Nepal instead of cash and personal rewards.&nbsp;</p>

<p>The tournament, organized jointly by Coca-Cola Nepal and Nepal Sports Management was held at Indoor Cricket Hall, Velocity Arena located in Ratopul. The two days event scheduled on September 9 and 10 was participated by 12 teams from corporate sectors.&nbsp;</p>

<p>As per the organiser, each game was played for 12 overs where four games were organised on its first day of the tournament whereas six games were played during two days. The tournament was kicked off by celebrities such as Paras Khadka, Sarad Veswakar, Rima Bishwakarma, Nagma Shrestha and Yama Budhha. Similarly, young entrepreneurs also played friendly match before the final of the tournament.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4234',
			'image' => '20160913104217_coca-cola indorr crk.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4400',
			'article_category_id' => '1',
			'title' => ''Switch ON' Multi-Brand Electronic Showroom Opens',
			'sub_title' => '',
			'summary' => 'September 13: Golchha Organisation has come up with a multi-brand showroom- Switch ON with the motive to provide Electronic and Electrical products at a single place to make shopping easier for the consumers. Issuing a press release, the company informed of opening of the store at Nara',
			'content' => '<p>September 13: Golchha Organisation has come up with a multi-brand showroom- Switch ON with the motive to provide Electronic and Electrical products at a single place to make shopping easier for the consumers. Issuing a press release, the company informed of opening of the store at Narayan Chaur, Naxal, Kathmandu. Switch ON provides a diverse range of electronic consumer durable goods and home appliances.</p>

<p>According to the press release, products like mobile, TV, refrigerator, washing machine, led lights, watches and other electronic-electrical items of the brands Samsung, Himstar, Bajaj Electricals, Timex, Osram, Ahuja, Indoasian are available at the store. &ldquo;With the hectic schedules, that has made people&rsquo;s life complicated, Switch On is opened with the purpose to make at least the shopping part easier. Our sole aim is to provide highest quality goods at fairly competitive rates to all the categories of consumers-both individual and corporate. We welcome you all to our newly opened electronics and electrical showroom of international quality and range for your preview,&rdquo; said arepresentative of Switch On.</p>
',
			'published' => true,
			'created' => '2016-09-13',
			'modified' => '2016-09-13',
			'keywords' => 'multi-brand showroom in Kathmandu, electronic and electrical products in kathmandu, Golchha organisation',
			'description' => '',
			'sortorder' => '4233',
			'image' => '20160913103326_switch on.jpg',
			'article_date' => '2016-09-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4399',
			'article_category_id' => '1',
			'title' => 'Huawei’s Festive Scheme ',
			'sub_title' => '',
			'summary' => 'September 8: Huawei Consumer Business Group has announced the launch of its Dashain scheme “ Prize Ek-sa- Ek, Yo Dashain Ma Bhagyashaali Anek” from Friday, September 9.',
			'content' => '<p style="text-align: justify;">September 8: Huawei Consumer Business Group has announced the launch of its Dashain scheme &ldquo; Prize Ek-sa- Ek, Yo Dashain Ma Bhagyashaali Anek&rdquo; from Friday, September 9.</p>

<p style="text-align: justify;">Issuing a press statement, the company informed that the scheme will last for one moth till October 8.&rdquo; Customers can win various gift hampers on the purchase of Huawei smartphones of both low and high price ranges. Under the scheme, Huawei will give out prizes to lucky customers on a weekly and fortnightly basis under the scheme.</p>

<p style="text-align: justify;">&nbsp;&ldquo;Around 100 power banks and 20 smartphones and four giant cycles with kit will be given out every week to lucky customers selected through a lucky draw. The highlight of the campaign is fortnightly draw in which a Vespa and a Royal Enfield will be given out to two lucky customers selected through a live lucky draw,&rdquo; reads the statement. &nbsp;To participate in these lucky draws, customers will have to buy any Huawei smartphone and SMS Huawei (space) 15 digit &nbsp;IMEI number to 32200. According to the statement, the winners will be announced on the official Facebook page of Huawei (/Huaweidevicenepal).</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4232',
			'image' => '20160912044849_huawei1.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4398',
			'article_category_id' => '1',
			'title' => 'Annual General Meeting of ICRA Nepal ',
			'sub_title' => '',
			'summary' => 'September 12: ICRA Nepal is conducting its fourth annual general meeting on October 4 at Radisson Hotel, Lazimpat. The board of directors of the company ',
			'content' => '<p>September 12: ICRA Nepal is conducting its fourth annual general meeting on October 4 at Radisson Hotel, Lazimpat. The board of directors of the company is proposing to distribute 10.53 percent dividend of its paid-up capital to its shareholders in the program.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4231',
			'image' => '20160912034422_icra.JPG',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '4397',
			'article_category_id' => '1',
			'title' => 'Fewa and Gandaki Bikash Bank Sign MoU for Merger',
			'sub_title' => '',
			'summary' => 'September 12: Fewa Bikas Bank and Gandaki Bikash Bank having their head office at Pokhara signed a memorandum of understanding (MoU) for merger on September 9.  The bank decided to go for merger following the paid-up capital expansion policy issued by Nepal Rastra Bank (NRB).',
			'content' => '<p style="text-align:justify">September 12: Fewa Bikas Bank and Gandaki Bikash Bank having their head office at Pokhara signed a memorandum of understanding (MoU) for merger on September 9. &nbsp;The bank decided to go for merger following the paid-up capital expansion policy issued by Nepal Rastra Bank (NRB).</p>

<p style="text-align:justify">The MoU was signed by Bindu Kumar Thapa, Chairman of Fewa Bikash Bank and Padam Prasad Paudel, Chairman of Gandaki Bikash Bank. After the merger, Director of Fewa Bikash Bank, Jagan Bahadur Gurung will remain as Chairman of the bank whereas Resham Bahadur Thapa will be the CEO of the bank.</p>

<p style="text-align:justify">&ldquo;The merged entity will have Rs 1.56 billion paid-up capital, &nbsp;Rs 460 million profit, Rs 17.27 billion deposit and Rs 14.85 billion loan extension,&rdquo; informs the bank in a press statement. After the merger, the bank will be providing its services through 50 branches including head office and 21 ATM outlets.<br />
&nbsp;&nbsp;<br />
&nbsp;&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4230',
			'image' => '20160912014026_fewa.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '4396',
			'article_category_id' => '1',
			'title' => 'Miteri Devt Bank to Distribute 30 % Bonus Share',
			'sub_title' => '',
			'summary' => 'September 12: The board of directors meeting of Miteri Development bank has decided to distribute 30% bonus share and 1.58 percent cash dividend for tax provision to its shareholders. However, the proposed bonus share and cash dividend is scheduled to approval from Nepal Rastra Bank and forthcoming annual general meeting of the company. ',
			'content' => '<p style="text-align:justify">September 12: The board of directors meeting of Miteri Development bank has decided to distribute 30% bonus share and 1.58 percent cash dividend for tax provision to its shareholders. However, the proposed bonus share and cash dividend is scheduled to approval from Nepal Rastra Bank and forthcoming annual general meeting of the company.&nbsp;</p>

<p style="text-align:justify">Meanwhile, the bank will be closing its shareholders book for the issuance of 2:1 right shares on September 22. &nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-09-12',
			'modified' => '2016-09-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4229',
			'image' => '20160912012018_miteri.jpg',
			'article_date' => '2016-09-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117