NEWS

Yeti Devt Bank's Operating Profit Rs 488 million

Jul 29, 2016 0 51 seconds to read

July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank.…

NCC Bank Turns to Acquisition as Kumari Declines Merger

Jul 29, 2016 0 2 minutes 22 seconds to read

July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the…

Construction of Ncell Supported Dialysis Centre Completes

Jul 29, 2016 0 1 minutes 40 seconds to read

July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney…

NTC and DHM Sign agreement to send SMS Alert on Weather-related Disasters

Jul 28, 2016 0 41 seconds to read

July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of…

Listed Companies Lack Good Governance: SEBON Chairman

Jul 28, 2016 0 34 seconds to read

July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 28. Dr Karki said that the market has been affected due to the insider…

Import of Major Commodities Decline through Birgung Checkpoint

Jul 28, 2016 0 1 minutes 40 seconds to read

July 28: The import of major commodities has dropped from the country's biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major…

Himalaya Airlines Chooses Amadeus as its First Global Distribution Partner

Jul 28, 2016 0 32 seconds to read

July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel…

Collaboration between Chhimek Laghubitta and Sachham-Access to Finance

Jul 28, 2016 0 44 seconds to read

July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid. “With this collaboration, the bank will provide the financial services in those areas through female banking…

Distribution of Bonus Shares in Limbo

Jul 28, 2016 0 1 minutes 39 seconds to read

July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However,…

CNI President Appointed as Member of IB

Jul 27, 2016 0 28 seconds to read

July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a…

Decline in Mobile Internet Cost

Jul 27, 2016 0 1 minutes 6 seconds to read

July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing. Due to the increase in number of internet…

Crossmandu National Championship on 6 August at Tinkune

Jul 27, 2016 2 1 minutes 11 seconds to read

July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune,…

Internet Access Reaches Half of the Population

Jul 27, 2016 0 1 minutes 35 seconds to read

July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April.…

Ncell –Gham Power Collaborates, Promoting Alternative Energy

Jul 27, 2016 0 2 minutes 15 seconds to read

July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration…

Datsun Redi-Go Launched

Jul 27, 2016 0 1 minutes 43 seconds to read

July 27: Pioneer Moto Crop has launched Nepal’s first urban cross car ‘Datsun Redi-Go.’ The company informed that it has maintained a competitive price for the new…

< previous101910201021102210231024102510261027next >

No Laughing Matter

The Sweet Rewards of Power

By Madan Lamsal

. . .
read more »

NEPSE

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'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4074',
			'article_category_id' => '1',
			'title' => 'Yeti Devt Bank's Operating Profit Rs 488 million',
			'sub_title' => '',
			'summary' => 'July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank.  ',
			'content' => '<p style="text-align: justify;">July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank. &nbsp;</p>

<p style="text-align: justify;">The net profit of the bank has increased by 160.70 percent to Rs 362.9 million in the last FY from Rs 139.2 million of the previous FY. The bank was able to decrease bad debt from 7.91 percent of the previous FY to 4.17 percent in the last FY. According to the bank, it aims to drop the bad debt rate to two percent in the current FY.</p>

<p style="text-align: justify;">Currently, the bank is providing services to its customers through 25 branches and 20 ATMs. The bank is providing 6-7.5 percent interest rate in various saving accounts including safety savings, various fixed deposit savings, elder citizens&rsquo; savings and women savings. Similarly, the bank is providing home loans, auto loan, share investment loan, personal loans and business loans at the interest rate of 9.99-12 percent range.</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3907',
			'image' => '20160729122448_yeti.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '4073',
			'article_category_id' => '1',
			'title' => 'NCC Bank Turns to Acquisition as Kumari Declines Merger',
			'sub_title' => '',
			'summary' => 'July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the p',
			'content' => '<p style="text-align:justify">July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the process could not succeed due to decline of the biggest partner Kumari Bank at the last moment. &ldquo;Thus, the bank is preparing to meet the minimum paid-up capital through acquiring any other financial institutions in the given time,&rdquo; said Bandana Pathak, Spokesperson and Deputy General Manager of the bank.</p>

<p style="text-align:justify">NCC is also doing homework on meeting paid-up capital through internal process (bonus share and right share). &ldquo;We will try to our extent to meet the paid-up capital through internal process. Otherwise, we will acquire any other financial institution in order to meet the paid-up capital in time,&rdquo; she added. NRB through the monetary policy of the FY 2072/73 had directed BFIs to raise their paid-up capital to Rs 8 billion by the end of FY 2073/74.&nbsp; For that matter, NRB has encouraged BFIs to adopt merger process. Under the mechanism, NCC Bank, Infrastructure Bank, Apex Development Bank, International Development Bank, Supreme Development Bank and Kumari Bank had agreed to merge with each other on January 13.</p>

<p style="text-align:justify">NRB had approved the biggest merger process till date to be finalised at the end of FY 2072/73. However, Kumari Bank at the last moment forfeited the merger process due to its shareholders&rsquo; rejection on the merger process through special general meeting (SGM). The merger process delayed due to the back-off of the bank with the highest paid-up capital in the group. According to the directors of the bank, Kumari Bank forfeited the merger as the shareholders of the bank didn&rsquo;t accept the swap ratio decided for the merger.</p>

<p style="text-align:justify">Few promoter shareholders of Kumari Bank lobbied against the merger during SGM citing Kumari Bank is better and stronger bank than NCC in terms of paid-up capital, transactions and performance. As per the due diligence audit (DDA) of assets and liabilities of the banks, 100 units of shares of NCC was decided against the same number of shares of Kumari Bank. However, Kumari Bank&rsquo;s shareholders who opposed the merger argue that as the bank is stronger than NCC, the swap ratio should be decided accordingly. The final result of the SGM went in the favour of opposition shareholders and the bank at the end forfeited the merger process. &nbsp;</p>

<p style="text-align:justify">Currently, NCC Bank along with five other financial institutions is in the final stage of the merger process. After the merger, the paid-up capital of the merged entity will totalled Rs 5.52 billion.</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3906',
			'image' => '20160731023215_ncc kumari.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '4072',
			'article_category_id' => '1',
			'title' => 'Construction of Ncell Supported Dialysis Centre Completes',
			'sub_title' => '',
			'summary' => 'July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney pat',
			'content' => '<p style="text-align: justify;">July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney patients.<br />
<br />
The company had provided financial support to Teaching Hospital with an aim to enable the people to access critical renal health care services within the country in 2004. The newly completed care centre has capacity to accommodate 16 dialysis machines, and it is equipped with RO water treatment facilities.<br />
&nbsp;<br />
Ncell had support construction of the new center as a part of its corporate social responsibility (CSR). &nbsp;The company has provided financial support of Rs 15 million for the construction of the centre on the third floor of Surgical OPD building, reads a press statement. Apart from building the infrastructure wherein 16 dialysis machines can be installed, the company has also supported to install the RO water treatment system essential for dialysis service. A patient friendly lift having capacity to serve 20 persons at a time has also been installed under this project.<br />
&nbsp;<br />
As per Prof. Dr. Prem Krishna Khadga, Deputy Director of TUTH, operation of the Center will contribute to improve people&rsquo;s access to kidney health care services. &quot;It will enhance service delivery capabilities of the hospital, also strengthening the national policy in the treatment of outdoor basis. We will have to install new dialysis machines so that more kidney patients could benefit from the newly constructed Centre,&quot; he added.&nbsp; Simon Perkins, Managing Director of Ncell said, &ldquo;It gives us great pleasure to equip the hospital with basic infrastructure required to serve people suffering from kidney diseases.&rdquo;</p>

<p style="text-align: justify;">Issuing a press statement by Ncell, the company has also provided support to Manmohan Cardiothoracic Vascular and Transplant Center (MCVTC) in Maharajgunj to set up world-class cardiothoracic Intensive Care Units (ICUs).</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3905',
			'image' => '20160729111320_ncell.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '4071',
			'article_category_id' => '1',
			'title' => 'NTC and DHM Sign agreement to send SMS Alert on Weather-related Disasters',
			'sub_title' => '',
			'summary' => 'July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of p',
			'content' => '<p style="text-align: justify;">July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of possible weather-related disasters through SMS. Buddhi Prasad Acharya, Managing Director of NTC and Dr Rishi Ram Sharma, Director General of DHM signed the agreement amid a program on July 28.</p>

<p style="text-align: justify;">As per the agreement, NTC will provide data of customers resided in river areas and Himalaya range including Mahakali, West Rapti, Kankai, Babaie and Koshi to DHM in order to send early warning to the locals about the possible weather-related disaster. Based on the real time situation, the department will send mass SMS to the people living in the disaster prone areas from short code number 1155. NTC is providing the services free of cost.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3904',
			'image' => '20160728042141_20160728035005_ntc.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '4070',
			'article_category_id' => '1',
			'title' => 'Listed Companies Lack Good Governance: SEBON Chairman',
			'sub_title' => '',
			'summary' => 'July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 28. Dr Karki said that the market has been affected due to the insider tra',
			'content' => '<p style="text-align: justify;">July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 27. Dr Karki said that the market has been affected due to the insider trading. &quot;Leakage of confidential information is posing risks to small investors.&quot; He suggested the investors to have proper knowledge about the market and the companies before investing. According to him, leakage of information such as company data, bonus and dividends before they are made public benefits some investors who have access to information of the companies.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3903',
			'image' => '20160728024421_bm_RewatBhdrKarkii.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '4069',
			'article_category_id' => '1',
			'title' => 'Import of Major Commodities Decline through Birgung Checkpoint',
			'sub_title' => '',
			'summary' => 'July 28: The import of major commodities has dropped from the country's biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major c',
			'content' => '<p style="text-align: justify;">July 28: The import of major commodities has dropped from the country&#39;s biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major commodities that are included in the top contributors of national revenue has declined. &ldquo;Import has fallen down in FY 2015/16 compared to the previous FY due to six months long Terai unrest and Indian blockade,&rdquo; said Sewantak Pokharel, Chief Customs Officer. He said &ldquo;The import of major commodities fell down drastically during that period of time.&rdquo;</p>

<p style="text-align: justify;">The officials of Birgunj Customs Office report that there is a heavy decline in import of vehicles which is listed number one in terms of national revenue contributors. The number of light vehicles also goes down to less than half in the last fiscal year compared to that of previous FY. The vehicles which were used to import through Birgunj checkpoint are shifted to Bhairhawa checkpoint.</p>

<p style="text-align: justify;">According to the statistics of Birgunj Customs Office, only 5,171 vehicles under car, jeep, van segment entered Nepal through the customs point in 2015/16 down from 11,698 units in 2014/15. Meanwhile, only 70,518 two-wheelers were imported through the point against 109,435 units. Similarly, the import of vehicles chassis also declined in the review year. Only 4,184 chassis of buses and trucks entered the country through Birgunj customs, down from 4,776 during that period. As per Pokharel, only 764 minibuses entered Nepal against 1,558 during the review period. Likewise, the number of trucks and mini-trucks drops from 2,992 to 1,462 at the same period.</p>

<p style="text-align: justify;">There is not only decrease in number of vehicles entering in Nepal but also other major commodities including petroleum products, industrial raw materials, food stuffs etc have also declined during the period. Along with the decline in the import from the checkpoint, revenue collection from it has dropped simultaneously.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3902',
			'image' => '20160728015138_bir.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4068',
			'article_category_id' => '1',
			'title' => 'Himalaya Airlines Chooses Amadeus as its First Global Distribution Partner',
			'sub_title' => '',
			'summary' => 'July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel sector.',
			'content' => '<p style="text-align:justify">July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel sector.</p>

<p style="text-align:justify">Himalaya Airlines has chosen Amadeus as its first global distribution system (GDS) partner to distribute its fares, schedules and availability through the world&#39;s widest network of travel agents.<br />
<br />
The Nepal-China joint venture airline launched its inaugural flight to Doha on May 31. It is now preparing to add Delhi, Lhasa, Chengdu, Beijing, Colombo, Bangkok, Hong Kong and Dammam in its flight network in the coming months.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3901',
			'image' => '20160728121858_himalaya.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4067',
			'article_category_id' => '1',
			'title' => 'Collaboration between Chhimek Laghubitta and Sachham-Access to Finance',
			'sub_title' => '',
			'summary' => 'July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid.  “With this collaboration, the bank will provide the financial services in those areas through female banking agents,”',
			'content' => '<p style="text-align: justify;">July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid.&nbsp; &ldquo;With this collaboration, the bank will provide the financial services in those areas through female banking agents,&rdquo; informed the bank in a press statement. Baljit Bohara, Team Chief of Sachham program and Ramchandra Joshi, CEO of the Chhimek Laghubitta signed on the agreement on behalf of respective institution amid a program on July 27.</p>

<p style="text-align: justify;">According to the statement, the collaboration will empower the local women to work in tough geographical areas like Banke, Dadeldhura, Dang, Kailali and Rukum as a branchless banking agent. &ldquo;Training will also be given to the women candidates selected as a digital women to work freely,&rdquo; adds the statement.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3900',
			'image' => '20160728120844_chimek.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4066',
			'article_category_id' => '1',
			'title' => 'Distribution of Bonus Shares in Limbo',
			'sub_title' => '',
			'summary' => 'July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Ne',
			'content' => '<p style="text-align:justify">July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.</p>

<p style="text-align:justify">&ldquo;It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,&rdquo; said Trilochan Pangeni, Spokesperson of NRB. &ldquo;NRB instantly provides approval to those companies that fulfil the legal procedures,&rdquo; he added.</p>

<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>

<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>

<p style="text-align:justify">&ldquo;We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,&rdquo; said an official of the bank.</p>

<p style="text-align:justify">&ldquo;Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,&rdquo; he explained.</p>

<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3899',
			'image' => '20160728115804_bonus-shares.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4065',
			'article_category_id' => '1',
			'title' => 'CNI President Appointed as Member of IB',
			'sub_title' => '',
			'summary' => 'July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a member.',
			'content' => '<p style="text-align:justify">July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a member.</p>

<p style="text-align:justify">President Sharma being an industrialist is also an expert of infrastructure development, industrialization and overall economy. &ldquo;Representation of Sharma in IB will provide additional help on private sector promotion, attracting direct foreign investment and development and expansion of infrastructure of the nation,&rdquo; expresses CNI in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3898',
			'image' => '20160727054729_Hari Bhakta Sharma.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4064',
			'article_category_id' => '1',
			'title' => 'Decline in Mobile Internet Cost',
			'sub_title' => '',
			'summary' => 'July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing.  Due to the increase in number of internet ',
			'content' => '<p style="text-align: justify;">July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing. &nbsp;Due to the increase in number of internet users and market competition the internet charge has been decreasing.</p>

<p style="text-align: justify;">The telecommunication service providers plays vital role in increasing significant internet users in Nepal. Based upon the level of services and type of telecommunication service providers, the mobile internet cost varies accordingly.</p>

<p style="text-align: justify;">As per the internet service provided by Nepal Telecom, it has fixed Rs 1 per 1 mbps excluding tax if the user usages internet without data package. Similarly, it cost Rs 28 to Rs 80 excluding tax if the user buys data package from 10 MB to 10 GB. Since one year Telecom has been providing data package system to its customers.</p>

<p style="text-align: justify;">In case of Ncell users, it cost Rs 3 per MB excluding tax to its internet user without using data pack. 5 years back, it was fixed at Rs 6 per MB excluding tax. During the period, the internet cost of Ncell has become cheaper by around 50 percent.</p>

<p style="text-align: justify;">Stakeholders opined that due to technological development, increasing 3D coverage and market competition, internet cost is declining in the country.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3897',
			'image' => '20160727040227_mi.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4063',
			'article_category_id' => '1',
			'title' => 'Crossmandu National Championship on 6 August at Tinkune',
			'sub_title' => '',
			'summary' => 'July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune, ',
			'content' => '<p style="text-align:justify">July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune, Kathmandu. Issuing a press statement, it has been informed that the championship is being organised under the supervision of trained marshals where 30 Off-road dirt bike riders upto 250cc will be showing their riding skills on 550mtrs off-road tracks.&nbsp; The riders will be provided basic technical training &amp; guidance.</p>

<p style="text-align:justify">&nbsp;&ldquo;In lieu to growing interest towards Off Road Bikes, AsiaWing Crossfire motorcycle as main sponsor is contributing to develop motorsports in Nepal.&nbsp; Other contributors as sponsor includes UM Motorcycle, TVS Tyres, Red Bulls &amp; promotional, magazine, event &amp; travel partners as Nepalauto info, Automobile Monthly, Nepal Culture &amp; Adventure Events &amp; Foot mark Travel &amp; Adventures respectively. Event supported by Kathmandu District Development Committee and Nepal Automobiles&#39; Association NASA,&rdquo; reads the statement.</p>

<p style="text-align:justify">&ldquo;Events like Crossmandu will definitely give Nepalese riders chance to quench their thirst for off-road race, can win cash prices &amp; a platform to participate at international level,&rdquo; said Santosh Nyaupane, Event Manager.&nbsp; &#39;Nepal is a country with mostly tough terrains &amp; event like this will definitely promote National tourism&#39; &ndash; he added.</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/20160727035055_crusmandu.jpg" style="height:420px; width:700px" /></p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3896',
			'image' => '20160727022935_crossmandu.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4062',
			'article_category_id' => '1',
			'title' => 'Internet Access Reaches Half of the Population',
			'sub_title' => '',
			'summary' => 'July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April.  ',
			'content' => '<p style="text-align: justify;">July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April. &nbsp;</p>

<p style="text-align: justify;">As per the population census of 2011, total population of the country is 26.49 million. The new NTA figure is 50.11 percent of the nation&#39;s population. The telecommunication sector regulator has included customers of six telecom service providers and 23 internet service providers in the report. According to Min Prasad Aryal, Spokesperson of NTA development of internet infrastructures and rise of the number of new users are the main reason behind the rapid increment in the number of internet users.</p>

<p style="text-align: justify;">As per the NTA data, the majority of internet users are mobile data users. Nevertheless, broadband internet which is considered a key factor of a nation&#39;s GDP has not expanded as expected. The reason behind increasing number of mobile users are infrastructure development and ease of mobile use. Aryal said that NTA is actively engaged in expanding the broadband connectivity throughout the country. &ldquo;The tasks of developing broadband internet infrastructures have already been initiated. We can expect quantitative increase in the number of broadband internet users with the development of such infrastructures.&quot;</p>

<p style="text-align: justify;">Out of mobile data users, 12.74 are GPRS and 3G users, whereas 199,671 are CDMA and EVDO data users. Similarly, 170,701 people use the ADSL service while 47,781 use optical fibre and 9,382 uses PSTN based services. &nbsp;Likewise, the number of cable modem, WiMax and VSAT based internet service users stand at 84,235 and 14,875 and 13 respectively.</p>

<p style="text-align: justify;">In terms of market share, NTC leads with 55.24 percent of total users. Likewise, Ncell covers 42.47 percent of the market while internet service providers have 1.04 percent share of the market.</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3895',
			'image' => '20160727020237_internet.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '4061',
			'article_category_id' => '1',
			'title' => 'Ncell –Gham Power Collaborates, Promoting Alternative Energy',
			'sub_title' => '',
			'summary' => 'July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration w',
			'content' => '<p style="text-align: justify;">July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration will promote off-grid power solutions, making it possible for communities out of national electricity grid in Khotang and Udaypur to avail both energy and telecom services.</p>

<p style="text-align: justify;">As per the agreement, Ncell will take anchor load of solar power generated by three micro-grids in Okhaldhunga and Khotang district, thereby making its off-grid systems commercially viable. As the micro grids also have surplus capacity, the collaboration contributes to off-grid electrification of communities, creating new economic opportunities and social benefits for the people.</p>

<p style="text-align: justify;"><br />
The solar micro-grids are built by Gham Power with financial support from Asian Development Bank Energy for All Program, from the DOEN Foundation. NMB Bank in collaboration with Alternative Energy Promotion Centre also supported the project. GSM Association, in its bid to support installation of micro-grids to provide energy to mobile towers, household and businesses, had also provided &lsquo;Mobile for Development (M4D) Utilities Innovations Grant&rsquo; to Gham Power as seed money last year.<br />
&nbsp;<br />
Under the collaboration, Ncell has installed mobile towers in Banpala of Chyasimtar VDC, Khotang and Ghurmi of Lekhani VDC in Udaypur and commenced services. The towers have enabled people in 31 VDCs of Khotang and Udaypur districts to get access to mobile services.<br />
&nbsp;<br />
As per Andras Pali, ICT director of Ncell, the company is trying to create herein win-win for off-grid power solutions for the larger benefit of the rural communities. He said, &ldquo;While we guarantee anchor load, the company can distribute the surplus energy to communities, making household lighting and productive economic activities possible for the people living around the sites.&quot;<br />
&nbsp;<br />
The collaboration marks distinct departure in the way Ncell was handling off-grid base transceiver stations (BTS). So far, the company has been expanding its service to areas out of national grid by building its own solar power. Currently, 5.77% of Ncell sites operates solely on solar, while additional 8.5% have solar back up sites with hybrid solutions.<br />
&nbsp;<br />
&ldquo;The collaboration offers benefits for both Ncell as well as off-grid power supplier, delivering larger benefits to the society,&rdquo; said Pali. Ncell will explore further possibilities to increase number of this kind of collaboration in geographically difficult areas where there is no grid power.<br />
&nbsp;<br />
Gham Power is generating 35 kilowatts of solar power from the three micro-grids. Even after supply to the two Ncell sites and local communities, the energy company can still supply energy to over two dozen businesses. &nbsp;<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3894',
			'image' => '20160727125832_ncell.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '4060',
			'article_category_id' => '1',
			'title' => 'Datsun Redi-Go Launched',
			'sub_title' => '',
			'summary' => 'July 27: Pioneer Moto Crop has launched Nepal’s first urban cross car ‘Datsun Redi-Go.’ The company informed that it has maintained a competitive price for the new car.',
			'content' => '<p style="text-align: justify;">July 27: Pioneer Moto Crop has launched Nepal&rsquo;s first urban cross car &lsquo;Datsun Redi-Go.&rsquo; The company informed that it has maintained a competitive price for the new car.</p>

<p style="text-align: justify;">&nbsp;&ldquo;We have determined the starting price of the car to be Rs 1.39 million with a thought of giving &lsquo;value of money&rsquo;,&rdquo; says Sandip Sarda, Managing Director of the company. The company, organising a program on Kathmandu informed that the Datsun redi-GO comes with five attractive body color options&mdash;white, silver, grey, ruby and lime. Pioneer Moto Crop is the authorized dealer of Datsun car in Nepal.</p>

<p style="text-align: justify;"><strong>Features of Car</strong></p>

<p style="text-align: justify;">As per the company, the new car launched in a highly competitive price has the provision of leg space, ground clearance, and fuel ratio. The company also has kept the provision of Datsun PRO SAFE7 (Safety Package in the car.</p>

<p style="text-align: justify;">The Datsun PRO-SAFE7 brings safety features like short braking distance, a high strength body shell to help absorb potential impacts, good visibility and a wider view of the road. The car also has a superior suspension system, excellent maneuverability, high bolster support while cornering and energy absorbing steering wheel and driver airbag.</p>

<p style="text-align: justify;">According to the company, the Datsun redi-GO delivers a fuel economy of 25.17 kmpl. The car also contains o.8 liter of 3-cylinder petrol engine along with 5-speed manual transmission. The company claimed that the car can take a speed of 100 km/hour in only 15.9 second.</p>

<p style="text-align: justify;">The maximum speed of the car is 140 km/hour. The new suspension system used in the car ensures the car control and comfort of the journey, informed the company. On the purchase of the car, the company is also providing three years or 30, 000 km warranty. The new car is available from 11 Datsun sales and service touch points in Nepal.<br />
<br />
<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3893',
			'image' => '20160727125214_datsun.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
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//    $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'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4074',
			'article_category_id' => '1',
			'title' => 'Yeti Devt Bank's Operating Profit Rs 488 million',
			'sub_title' => '',
			'summary' => 'July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank.  ',
			'content' => '<p style="text-align: justify;">July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank. &nbsp;</p>

<p style="text-align: justify;">The net profit of the bank has increased by 160.70 percent to Rs 362.9 million in the last FY from Rs 139.2 million of the previous FY. The bank was able to decrease bad debt from 7.91 percent of the previous FY to 4.17 percent in the last FY. According to the bank, it aims to drop the bad debt rate to two percent in the current FY.</p>

<p style="text-align: justify;">Currently, the bank is providing services to its customers through 25 branches and 20 ATMs. The bank is providing 6-7.5 percent interest rate in various saving accounts including safety savings, various fixed deposit savings, elder citizens&rsquo; savings and women savings. Similarly, the bank is providing home loans, auto loan, share investment loan, personal loans and business loans at the interest rate of 9.99-12 percent range.</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3907',
			'image' => '20160729122448_yeti.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '4073',
			'article_category_id' => '1',
			'title' => 'NCC Bank Turns to Acquisition as Kumari Declines Merger',
			'sub_title' => '',
			'summary' => 'July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the p',
			'content' => '<p style="text-align:justify">July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the process could not succeed due to decline of the biggest partner Kumari Bank at the last moment. &ldquo;Thus, the bank is preparing to meet the minimum paid-up capital through acquiring any other financial institutions in the given time,&rdquo; said Bandana Pathak, Spokesperson and Deputy General Manager of the bank.</p>

<p style="text-align:justify">NCC is also doing homework on meeting paid-up capital through internal process (bonus share and right share). &ldquo;We will try to our extent to meet the paid-up capital through internal process. Otherwise, we will acquire any other financial institution in order to meet the paid-up capital in time,&rdquo; she added. NRB through the monetary policy of the FY 2072/73 had directed BFIs to raise their paid-up capital to Rs 8 billion by the end of FY 2073/74.&nbsp; For that matter, NRB has encouraged BFIs to adopt merger process. Under the mechanism, NCC Bank, Infrastructure Bank, Apex Development Bank, International Development Bank, Supreme Development Bank and Kumari Bank had agreed to merge with each other on January 13.</p>

<p style="text-align:justify">NRB had approved the biggest merger process till date to be finalised at the end of FY 2072/73. However, Kumari Bank at the last moment forfeited the merger process due to its shareholders&rsquo; rejection on the merger process through special general meeting (SGM). The merger process delayed due to the back-off of the bank with the highest paid-up capital in the group. According to the directors of the bank, Kumari Bank forfeited the merger as the shareholders of the bank didn&rsquo;t accept the swap ratio decided for the merger.</p>

<p style="text-align:justify">Few promoter shareholders of Kumari Bank lobbied against the merger during SGM citing Kumari Bank is better and stronger bank than NCC in terms of paid-up capital, transactions and performance. As per the due diligence audit (DDA) of assets and liabilities of the banks, 100 units of shares of NCC was decided against the same number of shares of Kumari Bank. However, Kumari Bank&rsquo;s shareholders who opposed the merger argue that as the bank is stronger than NCC, the swap ratio should be decided accordingly. The final result of the SGM went in the favour of opposition shareholders and the bank at the end forfeited the merger process. &nbsp;</p>

<p style="text-align:justify">Currently, NCC Bank along with five other financial institutions is in the final stage of the merger process. After the merger, the paid-up capital of the merged entity will totalled Rs 5.52 billion.</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3906',
			'image' => '20160731023215_ncc kumari.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '4072',
			'article_category_id' => '1',
			'title' => 'Construction of Ncell Supported Dialysis Centre Completes',
			'sub_title' => '',
			'summary' => 'July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney pat',
			'content' => '<p style="text-align: justify;">July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney patients.<br />
<br />
The company had provided financial support to Teaching Hospital with an aim to enable the people to access critical renal health care services within the country in 2004. The newly completed care centre has capacity to accommodate 16 dialysis machines, and it is equipped with RO water treatment facilities.<br />
&nbsp;<br />
Ncell had support construction of the new center as a part of its corporate social responsibility (CSR). &nbsp;The company has provided financial support of Rs 15 million for the construction of the centre on the third floor of Surgical OPD building, reads a press statement. Apart from building the infrastructure wherein 16 dialysis machines can be installed, the company has also supported to install the RO water treatment system essential for dialysis service. A patient friendly lift having capacity to serve 20 persons at a time has also been installed under this project.<br />
&nbsp;<br />
As per Prof. Dr. Prem Krishna Khadga, Deputy Director of TUTH, operation of the Center will contribute to improve people&rsquo;s access to kidney health care services. &quot;It will enhance service delivery capabilities of the hospital, also strengthening the national policy in the treatment of outdoor basis. We will have to install new dialysis machines so that more kidney patients could benefit from the newly constructed Centre,&quot; he added.&nbsp; Simon Perkins, Managing Director of Ncell said, &ldquo;It gives us great pleasure to equip the hospital with basic infrastructure required to serve people suffering from kidney diseases.&rdquo;</p>

<p style="text-align: justify;">Issuing a press statement by Ncell, the company has also provided support to Manmohan Cardiothoracic Vascular and Transplant Center (MCVTC) in Maharajgunj to set up world-class cardiothoracic Intensive Care Units (ICUs).</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3905',
			'image' => '20160729111320_ncell.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '4071',
			'article_category_id' => '1',
			'title' => 'NTC and DHM Sign agreement to send SMS Alert on Weather-related Disasters',
			'sub_title' => '',
			'summary' => 'July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of p',
			'content' => '<p style="text-align: justify;">July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of possible weather-related disasters through SMS. Buddhi Prasad Acharya, Managing Director of NTC and Dr Rishi Ram Sharma, Director General of DHM signed the agreement amid a program on July 28.</p>

<p style="text-align: justify;">As per the agreement, NTC will provide data of customers resided in river areas and Himalaya range including Mahakali, West Rapti, Kankai, Babaie and Koshi to DHM in order to send early warning to the locals about the possible weather-related disaster. Based on the real time situation, the department will send mass SMS to the people living in the disaster prone areas from short code number 1155. NTC is providing the services free of cost.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3904',
			'image' => '20160728042141_20160728035005_ntc.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '4070',
			'article_category_id' => '1',
			'title' => 'Listed Companies Lack Good Governance: SEBON Chairman',
			'sub_title' => '',
			'summary' => 'July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 28. Dr Karki said that the market has been affected due to the insider tra',
			'content' => '<p style="text-align: justify;">July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 27. Dr Karki said that the market has been affected due to the insider trading. &quot;Leakage of confidential information is posing risks to small investors.&quot; He suggested the investors to have proper knowledge about the market and the companies before investing. According to him, leakage of information such as company data, bonus and dividends before they are made public benefits some investors who have access to information of the companies.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3903',
			'image' => '20160728024421_bm_RewatBhdrKarkii.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '4069',
			'article_category_id' => '1',
			'title' => 'Import of Major Commodities Decline through Birgung Checkpoint',
			'sub_title' => '',
			'summary' => 'July 28: The import of major commodities has dropped from the country's biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major c',
			'content' => '<p style="text-align: justify;">July 28: The import of major commodities has dropped from the country&#39;s biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major commodities that are included in the top contributors of national revenue has declined. &ldquo;Import has fallen down in FY 2015/16 compared to the previous FY due to six months long Terai unrest and Indian blockade,&rdquo; said Sewantak Pokharel, Chief Customs Officer. He said &ldquo;The import of major commodities fell down drastically during that period of time.&rdquo;</p>

<p style="text-align: justify;">The officials of Birgunj Customs Office report that there is a heavy decline in import of vehicles which is listed number one in terms of national revenue contributors. The number of light vehicles also goes down to less than half in the last fiscal year compared to that of previous FY. The vehicles which were used to import through Birgunj checkpoint are shifted to Bhairhawa checkpoint.</p>

<p style="text-align: justify;">According to the statistics of Birgunj Customs Office, only 5,171 vehicles under car, jeep, van segment entered Nepal through the customs point in 2015/16 down from 11,698 units in 2014/15. Meanwhile, only 70,518 two-wheelers were imported through the point against 109,435 units. Similarly, the import of vehicles chassis also declined in the review year. Only 4,184 chassis of buses and trucks entered the country through Birgunj customs, down from 4,776 during that period. As per Pokharel, only 764 minibuses entered Nepal against 1,558 during the review period. Likewise, the number of trucks and mini-trucks drops from 2,992 to 1,462 at the same period.</p>

<p style="text-align: justify;">There is not only decrease in number of vehicles entering in Nepal but also other major commodities including petroleum products, industrial raw materials, food stuffs etc have also declined during the period. Along with the decline in the import from the checkpoint, revenue collection from it has dropped simultaneously.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3902',
			'image' => '20160728015138_bir.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4068',
			'article_category_id' => '1',
			'title' => 'Himalaya Airlines Chooses Amadeus as its First Global Distribution Partner',
			'sub_title' => '',
			'summary' => 'July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel sector.',
			'content' => '<p style="text-align:justify">July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel sector.</p>

<p style="text-align:justify">Himalaya Airlines has chosen Amadeus as its first global distribution system (GDS) partner to distribute its fares, schedules and availability through the world&#39;s widest network of travel agents.<br />
<br />
The Nepal-China joint venture airline launched its inaugural flight to Doha on May 31. It is now preparing to add Delhi, Lhasa, Chengdu, Beijing, Colombo, Bangkok, Hong Kong and Dammam in its flight network in the coming months.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3901',
			'image' => '20160728121858_himalaya.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4067',
			'article_category_id' => '1',
			'title' => 'Collaboration between Chhimek Laghubitta and Sachham-Access to Finance',
			'sub_title' => '',
			'summary' => 'July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid.  “With this collaboration, the bank will provide the financial services in those areas through female banking agents,”',
			'content' => '<p style="text-align: justify;">July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid.&nbsp; &ldquo;With this collaboration, the bank will provide the financial services in those areas through female banking agents,&rdquo; informed the bank in a press statement. Baljit Bohara, Team Chief of Sachham program and Ramchandra Joshi, CEO of the Chhimek Laghubitta signed on the agreement on behalf of respective institution amid a program on July 27.</p>

<p style="text-align: justify;">According to the statement, the collaboration will empower the local women to work in tough geographical areas like Banke, Dadeldhura, Dang, Kailali and Rukum as a branchless banking agent. &ldquo;Training will also be given to the women candidates selected as a digital women to work freely,&rdquo; adds the statement.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3900',
			'image' => '20160728120844_chimek.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4066',
			'article_category_id' => '1',
			'title' => 'Distribution of Bonus Shares in Limbo',
			'sub_title' => '',
			'summary' => 'July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Ne',
			'content' => '<p style="text-align:justify">July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.</p>

<p style="text-align:justify">&ldquo;It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,&rdquo; said Trilochan Pangeni, Spokesperson of NRB. &ldquo;NRB instantly provides approval to those companies that fulfil the legal procedures,&rdquo; he added.</p>

<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>

<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>

<p style="text-align:justify">&ldquo;We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,&rdquo; said an official of the bank.</p>

<p style="text-align:justify">&ldquo;Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,&rdquo; he explained.</p>

<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3899',
			'image' => '20160728115804_bonus-shares.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4065',
			'article_category_id' => '1',
			'title' => 'CNI President Appointed as Member of IB',
			'sub_title' => '',
			'summary' => 'July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a member.',
			'content' => '<p style="text-align:justify">July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a member.</p>

<p style="text-align:justify">President Sharma being an industrialist is also an expert of infrastructure development, industrialization and overall economy. &ldquo;Representation of Sharma in IB will provide additional help on private sector promotion, attracting direct foreign investment and development and expansion of infrastructure of the nation,&rdquo; expresses CNI in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3898',
			'image' => '20160727054729_Hari Bhakta Sharma.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4064',
			'article_category_id' => '1',
			'title' => 'Decline in Mobile Internet Cost',
			'sub_title' => '',
			'summary' => 'July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing.  Due to the increase in number of internet ',
			'content' => '<p style="text-align: justify;">July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing. &nbsp;Due to the increase in number of internet users and market competition the internet charge has been decreasing.</p>

<p style="text-align: justify;">The telecommunication service providers plays vital role in increasing significant internet users in Nepal. Based upon the level of services and type of telecommunication service providers, the mobile internet cost varies accordingly.</p>

<p style="text-align: justify;">As per the internet service provided by Nepal Telecom, it has fixed Rs 1 per 1 mbps excluding tax if the user usages internet without data package. Similarly, it cost Rs 28 to Rs 80 excluding tax if the user buys data package from 10 MB to 10 GB. Since one year Telecom has been providing data package system to its customers.</p>

<p style="text-align: justify;">In case of Ncell users, it cost Rs 3 per MB excluding tax to its internet user without using data pack. 5 years back, it was fixed at Rs 6 per MB excluding tax. During the period, the internet cost of Ncell has become cheaper by around 50 percent.</p>

<p style="text-align: justify;">Stakeholders opined that due to technological development, increasing 3D coverage and market competition, internet cost is declining in the country.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3897',
			'image' => '20160727040227_mi.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4063',
			'article_category_id' => '1',
			'title' => 'Crossmandu National Championship on 6 August at Tinkune',
			'sub_title' => '',
			'summary' => 'July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune, ',
			'content' => '<p style="text-align:justify">July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune, Kathmandu. Issuing a press statement, it has been informed that the championship is being organised under the supervision of trained marshals where 30 Off-road dirt bike riders upto 250cc will be showing their riding skills on 550mtrs off-road tracks.&nbsp; The riders will be provided basic technical training &amp; guidance.</p>

<p style="text-align:justify">&nbsp;&ldquo;In lieu to growing interest towards Off Road Bikes, AsiaWing Crossfire motorcycle as main sponsor is contributing to develop motorsports in Nepal.&nbsp; Other contributors as sponsor includes UM Motorcycle, TVS Tyres, Red Bulls &amp; promotional, magazine, event &amp; travel partners as Nepalauto info, Automobile Monthly, Nepal Culture &amp; Adventure Events &amp; Foot mark Travel &amp; Adventures respectively. Event supported by Kathmandu District Development Committee and Nepal Automobiles&#39; Association NASA,&rdquo; reads the statement.</p>

<p style="text-align:justify">&ldquo;Events like Crossmandu will definitely give Nepalese riders chance to quench their thirst for off-road race, can win cash prices &amp; a platform to participate at international level,&rdquo; said Santosh Nyaupane, Event Manager.&nbsp; &#39;Nepal is a country with mostly tough terrains &amp; event like this will definitely promote National tourism&#39; &ndash; he added.</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/20160727035055_crusmandu.jpg" style="height:420px; width:700px" /></p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3896',
			'image' => '20160727022935_crossmandu.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4062',
			'article_category_id' => '1',
			'title' => 'Internet Access Reaches Half of the Population',
			'sub_title' => '',
			'summary' => 'July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April.  ',
			'content' => '<p style="text-align: justify;">July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April. &nbsp;</p>

<p style="text-align: justify;">As per the population census of 2011, total population of the country is 26.49 million. The new NTA figure is 50.11 percent of the nation&#39;s population. The telecommunication sector regulator has included customers of six telecom service providers and 23 internet service providers in the report. According to Min Prasad Aryal, Spokesperson of NTA development of internet infrastructures and rise of the number of new users are the main reason behind the rapid increment in the number of internet users.</p>

<p style="text-align: justify;">As per the NTA data, the majority of internet users are mobile data users. Nevertheless, broadband internet which is considered a key factor of a nation&#39;s GDP has not expanded as expected. The reason behind increasing number of mobile users are infrastructure development and ease of mobile use. Aryal said that NTA is actively engaged in expanding the broadband connectivity throughout the country. &ldquo;The tasks of developing broadband internet infrastructures have already been initiated. We can expect quantitative increase in the number of broadband internet users with the development of such infrastructures.&quot;</p>

<p style="text-align: justify;">Out of mobile data users, 12.74 are GPRS and 3G users, whereas 199,671 are CDMA and EVDO data users. Similarly, 170,701 people use the ADSL service while 47,781 use optical fibre and 9,382 uses PSTN based services. &nbsp;Likewise, the number of cable modem, WiMax and VSAT based internet service users stand at 84,235 and 14,875 and 13 respectively.</p>

<p style="text-align: justify;">In terms of market share, NTC leads with 55.24 percent of total users. Likewise, Ncell covers 42.47 percent of the market while internet service providers have 1.04 percent share of the market.</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3895',
			'image' => '20160727020237_internet.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '4061',
			'article_category_id' => '1',
			'title' => 'Ncell –Gham Power Collaborates, Promoting Alternative Energy',
			'sub_title' => '',
			'summary' => 'July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration w',
			'content' => '<p style="text-align: justify;">July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration will promote off-grid power solutions, making it possible for communities out of national electricity grid in Khotang and Udaypur to avail both energy and telecom services.</p>

<p style="text-align: justify;">As per the agreement, Ncell will take anchor load of solar power generated by three micro-grids in Okhaldhunga and Khotang district, thereby making its off-grid systems commercially viable. As the micro grids also have surplus capacity, the collaboration contributes to off-grid electrification of communities, creating new economic opportunities and social benefits for the people.</p>

<p style="text-align: justify;"><br />
The solar micro-grids are built by Gham Power with financial support from Asian Development Bank Energy for All Program, from the DOEN Foundation. NMB Bank in collaboration with Alternative Energy Promotion Centre also supported the project. GSM Association, in its bid to support installation of micro-grids to provide energy to mobile towers, household and businesses, had also provided &lsquo;Mobile for Development (M4D) Utilities Innovations Grant&rsquo; to Gham Power as seed money last year.<br />
&nbsp;<br />
Under the collaboration, Ncell has installed mobile towers in Banpala of Chyasimtar VDC, Khotang and Ghurmi of Lekhani VDC in Udaypur and commenced services. The towers have enabled people in 31 VDCs of Khotang and Udaypur districts to get access to mobile services.<br />
&nbsp;<br />
As per Andras Pali, ICT director of Ncell, the company is trying to create herein win-win for off-grid power solutions for the larger benefit of the rural communities. He said, &ldquo;While we guarantee anchor load, the company can distribute the surplus energy to communities, making household lighting and productive economic activities possible for the people living around the sites.&quot;<br />
&nbsp;<br />
The collaboration marks distinct departure in the way Ncell was handling off-grid base transceiver stations (BTS). So far, the company has been expanding its service to areas out of national grid by building its own solar power. Currently, 5.77% of Ncell sites operates solely on solar, while additional 8.5% have solar back up sites with hybrid solutions.<br />
&nbsp;<br />
&ldquo;The collaboration offers benefits for both Ncell as well as off-grid power supplier, delivering larger benefits to the society,&rdquo; said Pali. Ncell will explore further possibilities to increase number of this kind of collaboration in geographically difficult areas where there is no grid power.<br />
&nbsp;<br />
Gham Power is generating 35 kilowatts of solar power from the three micro-grids. Even after supply to the two Ncell sites and local communities, the energy company can still supply energy to over two dozen businesses. &nbsp;<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3894',
			'image' => '20160727125832_ncell.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '4060',
			'article_category_id' => '1',
			'title' => 'Datsun Redi-Go Launched',
			'sub_title' => '',
			'summary' => 'July 27: Pioneer Moto Crop has launched Nepal’s first urban cross car ‘Datsun Redi-Go.’ The company informed that it has maintained a competitive price for the new car.',
			'content' => '<p style="text-align: justify;">July 27: Pioneer Moto Crop has launched Nepal&rsquo;s first urban cross car &lsquo;Datsun Redi-Go.&rsquo; The company informed that it has maintained a competitive price for the new car.</p>

<p style="text-align: justify;">&nbsp;&ldquo;We have determined the starting price of the car to be Rs 1.39 million with a thought of giving &lsquo;value of money&rsquo;,&rdquo; says Sandip Sarda, Managing Director of the company. The company, organising a program on Kathmandu informed that the Datsun redi-GO comes with five attractive body color options&mdash;white, silver, grey, ruby and lime. Pioneer Moto Crop is the authorized dealer of Datsun car in Nepal.</p>

<p style="text-align: justify;"><strong>Features of Car</strong></p>

<p style="text-align: justify;">As per the company, the new car launched in a highly competitive price has the provision of leg space, ground clearance, and fuel ratio. The company also has kept the provision of Datsun PRO SAFE7 (Safety Package in the car.</p>

<p style="text-align: justify;">The Datsun PRO-SAFE7 brings safety features like short braking distance, a high strength body shell to help absorb potential impacts, good visibility and a wider view of the road. The car also has a superior suspension system, excellent maneuverability, high bolster support while cornering and energy absorbing steering wheel and driver airbag.</p>

<p style="text-align: justify;">According to the company, the Datsun redi-GO delivers a fuel economy of 25.17 kmpl. The car also contains o.8 liter of 3-cylinder petrol engine along with 5-speed manual transmission. The company claimed that the car can take a speed of 100 km/hour in only 15.9 second.</p>

<p style="text-align: justify;">The maximum speed of the car is 140 km/hour. The new suspension system used in the car ensures the car control and comfort of the journey, informed the company. On the purchase of the car, the company is also providing three years or 30, 000 km warranty. The new car is available from 11 Datsun sales and service touch points in Nepal.<br />
<br />
<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3893',
			'image' => '20160727125214_datsun.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
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

file not found!

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(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4074',
			'article_category_id' => '1',
			'title' => 'Yeti Devt Bank's Operating Profit Rs 488 million',
			'sub_title' => '',
			'summary' => 'July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank.  ',
			'content' => '<p style="text-align: justify;">July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank. &nbsp;</p>

<p style="text-align: justify;">The net profit of the bank has increased by 160.70 percent to Rs 362.9 million in the last FY from Rs 139.2 million of the previous FY. The bank was able to decrease bad debt from 7.91 percent of the previous FY to 4.17 percent in the last FY. According to the bank, it aims to drop the bad debt rate to two percent in the current FY.</p>

<p style="text-align: justify;">Currently, the bank is providing services to its customers through 25 branches and 20 ATMs. The bank is providing 6-7.5 percent interest rate in various saving accounts including safety savings, various fixed deposit savings, elder citizens&rsquo; savings and women savings. Similarly, the bank is providing home loans, auto loan, share investment loan, personal loans and business loans at the interest rate of 9.99-12 percent range.</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3907',
			'image' => '20160729122448_yeti.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '4073',
			'article_category_id' => '1',
			'title' => 'NCC Bank Turns to Acquisition as Kumari Declines Merger',
			'sub_title' => '',
			'summary' => 'July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the p',
			'content' => '<p style="text-align:justify">July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the process could not succeed due to decline of the biggest partner Kumari Bank at the last moment. &ldquo;Thus, the bank is preparing to meet the minimum paid-up capital through acquiring any other financial institutions in the given time,&rdquo; said Bandana Pathak, Spokesperson and Deputy General Manager of the bank.</p>

<p style="text-align:justify">NCC is also doing homework on meeting paid-up capital through internal process (bonus share and right share). &ldquo;We will try to our extent to meet the paid-up capital through internal process. Otherwise, we will acquire any other financial institution in order to meet the paid-up capital in time,&rdquo; she added. NRB through the monetary policy of the FY 2072/73 had directed BFIs to raise their paid-up capital to Rs 8 billion by the end of FY 2073/74.&nbsp; For that matter, NRB has encouraged BFIs to adopt merger process. Under the mechanism, NCC Bank, Infrastructure Bank, Apex Development Bank, International Development Bank, Supreme Development Bank and Kumari Bank had agreed to merge with each other on January 13.</p>

<p style="text-align:justify">NRB had approved the biggest merger process till date to be finalised at the end of FY 2072/73. However, Kumari Bank at the last moment forfeited the merger process due to its shareholders&rsquo; rejection on the merger process through special general meeting (SGM). The merger process delayed due to the back-off of the bank with the highest paid-up capital in the group. According to the directors of the bank, Kumari Bank forfeited the merger as the shareholders of the bank didn&rsquo;t accept the swap ratio decided for the merger.</p>

<p style="text-align:justify">Few promoter shareholders of Kumari Bank lobbied against the merger during SGM citing Kumari Bank is better and stronger bank than NCC in terms of paid-up capital, transactions and performance. As per the due diligence audit (DDA) of assets and liabilities of the banks, 100 units of shares of NCC was decided against the same number of shares of Kumari Bank. However, Kumari Bank&rsquo;s shareholders who opposed the merger argue that as the bank is stronger than NCC, the swap ratio should be decided accordingly. The final result of the SGM went in the favour of opposition shareholders and the bank at the end forfeited the merger process. &nbsp;</p>

<p style="text-align:justify">Currently, NCC Bank along with five other financial institutions is in the final stage of the merger process. After the merger, the paid-up capital of the merged entity will totalled Rs 5.52 billion.</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3906',
			'image' => '20160731023215_ncc kumari.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '4072',
			'article_category_id' => '1',
			'title' => 'Construction of Ncell Supported Dialysis Centre Completes',
			'sub_title' => '',
			'summary' => 'July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney pat',
			'content' => '<p style="text-align: justify;">July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney patients.<br />
<br />
The company had provided financial support to Teaching Hospital with an aim to enable the people to access critical renal health care services within the country in 2004. The newly completed care centre has capacity to accommodate 16 dialysis machines, and it is equipped with RO water treatment facilities.<br />
&nbsp;<br />
Ncell had support construction of the new center as a part of its corporate social responsibility (CSR). &nbsp;The company has provided financial support of Rs 15 million for the construction of the centre on the third floor of Surgical OPD building, reads a press statement. Apart from building the infrastructure wherein 16 dialysis machines can be installed, the company has also supported to install the RO water treatment system essential for dialysis service. A patient friendly lift having capacity to serve 20 persons at a time has also been installed under this project.<br />
&nbsp;<br />
As per Prof. Dr. Prem Krishna Khadga, Deputy Director of TUTH, operation of the Center will contribute to improve people&rsquo;s access to kidney health care services. &quot;It will enhance service delivery capabilities of the hospital, also strengthening the national policy in the treatment of outdoor basis. We will have to install new dialysis machines so that more kidney patients could benefit from the newly constructed Centre,&quot; he added.&nbsp; Simon Perkins, Managing Director of Ncell said, &ldquo;It gives us great pleasure to equip the hospital with basic infrastructure required to serve people suffering from kidney diseases.&rdquo;</p>

<p style="text-align: justify;">Issuing a press statement by Ncell, the company has also provided support to Manmohan Cardiothoracic Vascular and Transplant Center (MCVTC) in Maharajgunj to set up world-class cardiothoracic Intensive Care Units (ICUs).</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3905',
			'image' => '20160729111320_ncell.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '4071',
			'article_category_id' => '1',
			'title' => 'NTC and DHM Sign agreement to send SMS Alert on Weather-related Disasters',
			'sub_title' => '',
			'summary' => 'July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of p',
			'content' => '<p style="text-align: justify;">July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of possible weather-related disasters through SMS. Buddhi Prasad Acharya, Managing Director of NTC and Dr Rishi Ram Sharma, Director General of DHM signed the agreement amid a program on July 28.</p>

<p style="text-align: justify;">As per the agreement, NTC will provide data of customers resided in river areas and Himalaya range including Mahakali, West Rapti, Kankai, Babaie and Koshi to DHM in order to send early warning to the locals about the possible weather-related disaster. Based on the real time situation, the department will send mass SMS to the people living in the disaster prone areas from short code number 1155. NTC is providing the services free of cost.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3904',
			'image' => '20160728042141_20160728035005_ntc.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '4070',
			'article_category_id' => '1',
			'title' => 'Listed Companies Lack Good Governance: SEBON Chairman',
			'sub_title' => '',
			'summary' => 'July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 28. Dr Karki said that the market has been affected due to the insider tra',
			'content' => '<p style="text-align: justify;">July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 27. Dr Karki said that the market has been affected due to the insider trading. &quot;Leakage of confidential information is posing risks to small investors.&quot; He suggested the investors to have proper knowledge about the market and the companies before investing. According to him, leakage of information such as company data, bonus and dividends before they are made public benefits some investors who have access to information of the companies.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3903',
			'image' => '20160728024421_bm_RewatBhdrKarkii.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '4069',
			'article_category_id' => '1',
			'title' => 'Import of Major Commodities Decline through Birgung Checkpoint',
			'sub_title' => '',
			'summary' => 'July 28: The import of major commodities has dropped from the country's biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major c',
			'content' => '<p style="text-align: justify;">July 28: The import of major commodities has dropped from the country&#39;s biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major commodities that are included in the top contributors of national revenue has declined. &ldquo;Import has fallen down in FY 2015/16 compared to the previous FY due to six months long Terai unrest and Indian blockade,&rdquo; said Sewantak Pokharel, Chief Customs Officer. He said &ldquo;The import of major commodities fell down drastically during that period of time.&rdquo;</p>

<p style="text-align: justify;">The officials of Birgunj Customs Office report that there is a heavy decline in import of vehicles which is listed number one in terms of national revenue contributors. The number of light vehicles also goes down to less than half in the last fiscal year compared to that of previous FY. The vehicles which were used to import through Birgunj checkpoint are shifted to Bhairhawa checkpoint.</p>

<p style="text-align: justify;">According to the statistics of Birgunj Customs Office, only 5,171 vehicles under car, jeep, van segment entered Nepal through the customs point in 2015/16 down from 11,698 units in 2014/15. Meanwhile, only 70,518 two-wheelers were imported through the point against 109,435 units. Similarly, the import of vehicles chassis also declined in the review year. Only 4,184 chassis of buses and trucks entered the country through Birgunj customs, down from 4,776 during that period. As per Pokharel, only 764 minibuses entered Nepal against 1,558 during the review period. Likewise, the number of trucks and mini-trucks drops from 2,992 to 1,462 at the same period.</p>

<p style="text-align: justify;">There is not only decrease in number of vehicles entering in Nepal but also other major commodities including petroleum products, industrial raw materials, food stuffs etc have also declined during the period. Along with the decline in the import from the checkpoint, revenue collection from it has dropped simultaneously.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3902',
			'image' => '20160728015138_bir.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4068',
			'article_category_id' => '1',
			'title' => 'Himalaya Airlines Chooses Amadeus as its First Global Distribution Partner',
			'sub_title' => '',
			'summary' => 'July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel sector.',
			'content' => '<p style="text-align:justify">July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel sector.</p>

<p style="text-align:justify">Himalaya Airlines has chosen Amadeus as its first global distribution system (GDS) partner to distribute its fares, schedules and availability through the world&#39;s widest network of travel agents.<br />
<br />
The Nepal-China joint venture airline launched its inaugural flight to Doha on May 31. It is now preparing to add Delhi, Lhasa, Chengdu, Beijing, Colombo, Bangkok, Hong Kong and Dammam in its flight network in the coming months.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3901',
			'image' => '20160728121858_himalaya.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4067',
			'article_category_id' => '1',
			'title' => 'Collaboration between Chhimek Laghubitta and Sachham-Access to Finance',
			'sub_title' => '',
			'summary' => 'July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid.  “With this collaboration, the bank will provide the financial services in those areas through female banking agents,”',
			'content' => '<p style="text-align: justify;">July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid.&nbsp; &ldquo;With this collaboration, the bank will provide the financial services in those areas through female banking agents,&rdquo; informed the bank in a press statement. Baljit Bohara, Team Chief of Sachham program and Ramchandra Joshi, CEO of the Chhimek Laghubitta signed on the agreement on behalf of respective institution amid a program on July 27.</p>

<p style="text-align: justify;">According to the statement, the collaboration will empower the local women to work in tough geographical areas like Banke, Dadeldhura, Dang, Kailali and Rukum as a branchless banking agent. &ldquo;Training will also be given to the women candidates selected as a digital women to work freely,&rdquo; adds the statement.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3900',
			'image' => '20160728120844_chimek.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4066',
			'article_category_id' => '1',
			'title' => 'Distribution of Bonus Shares in Limbo',
			'sub_title' => '',
			'summary' => 'July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Ne',
			'content' => '<p style="text-align:justify">July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.</p>

<p style="text-align:justify">&ldquo;It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,&rdquo; said Trilochan Pangeni, Spokesperson of NRB. &ldquo;NRB instantly provides approval to those companies that fulfil the legal procedures,&rdquo; he added.</p>

<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>

<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>

<p style="text-align:justify">&ldquo;We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,&rdquo; said an official of the bank.</p>

<p style="text-align:justify">&ldquo;Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,&rdquo; he explained.</p>

<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3899',
			'image' => '20160728115804_bonus-shares.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4065',
			'article_category_id' => '1',
			'title' => 'CNI President Appointed as Member of IB',
			'sub_title' => '',
			'summary' => 'July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a member.',
			'content' => '<p style="text-align:justify">July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a member.</p>

<p style="text-align:justify">President Sharma being an industrialist is also an expert of infrastructure development, industrialization and overall economy. &ldquo;Representation of Sharma in IB will provide additional help on private sector promotion, attracting direct foreign investment and development and expansion of infrastructure of the nation,&rdquo; expresses CNI in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3898',
			'image' => '20160727054729_Hari Bhakta Sharma.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4064',
			'article_category_id' => '1',
			'title' => 'Decline in Mobile Internet Cost',
			'sub_title' => '',
			'summary' => 'July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing.  Due to the increase in number of internet ',
			'content' => '<p style="text-align: justify;">July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing. &nbsp;Due to the increase in number of internet users and market competition the internet charge has been decreasing.</p>

<p style="text-align: justify;">The telecommunication service providers plays vital role in increasing significant internet users in Nepal. Based upon the level of services and type of telecommunication service providers, the mobile internet cost varies accordingly.</p>

<p style="text-align: justify;">As per the internet service provided by Nepal Telecom, it has fixed Rs 1 per 1 mbps excluding tax if the user usages internet without data package. Similarly, it cost Rs 28 to Rs 80 excluding tax if the user buys data package from 10 MB to 10 GB. Since one year Telecom has been providing data package system to its customers.</p>

<p style="text-align: justify;">In case of Ncell users, it cost Rs 3 per MB excluding tax to its internet user without using data pack. 5 years back, it was fixed at Rs 6 per MB excluding tax. During the period, the internet cost of Ncell has become cheaper by around 50 percent.</p>

<p style="text-align: justify;">Stakeholders opined that due to technological development, increasing 3D coverage and market competition, internet cost is declining in the country.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3897',
			'image' => '20160727040227_mi.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4063',
			'article_category_id' => '1',
			'title' => 'Crossmandu National Championship on 6 August at Tinkune',
			'sub_title' => '',
			'summary' => 'July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune, ',
			'content' => '<p style="text-align:justify">July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune, Kathmandu. Issuing a press statement, it has been informed that the championship is being organised under the supervision of trained marshals where 30 Off-road dirt bike riders upto 250cc will be showing their riding skills on 550mtrs off-road tracks.&nbsp; The riders will be provided basic technical training &amp; guidance.</p>

<p style="text-align:justify">&nbsp;&ldquo;In lieu to growing interest towards Off Road Bikes, AsiaWing Crossfire motorcycle as main sponsor is contributing to develop motorsports in Nepal.&nbsp; Other contributors as sponsor includes UM Motorcycle, TVS Tyres, Red Bulls &amp; promotional, magazine, event &amp; travel partners as Nepalauto info, Automobile Monthly, Nepal Culture &amp; Adventure Events &amp; Foot mark Travel &amp; Adventures respectively. Event supported by Kathmandu District Development Committee and Nepal Automobiles&#39; Association NASA,&rdquo; reads the statement.</p>

<p style="text-align:justify">&ldquo;Events like Crossmandu will definitely give Nepalese riders chance to quench their thirst for off-road race, can win cash prices &amp; a platform to participate at international level,&rdquo; said Santosh Nyaupane, Event Manager.&nbsp; &#39;Nepal is a country with mostly tough terrains &amp; event like this will definitely promote National tourism&#39; &ndash; he added.</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/20160727035055_crusmandu.jpg" style="height:420px; width:700px" /></p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3896',
			'image' => '20160727022935_crossmandu.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4062',
			'article_category_id' => '1',
			'title' => 'Internet Access Reaches Half of the Population',
			'sub_title' => '',
			'summary' => 'July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April.  ',
			'content' => '<p style="text-align: justify;">July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April. &nbsp;</p>

<p style="text-align: justify;">As per the population census of 2011, total population of the country is 26.49 million. The new NTA figure is 50.11 percent of the nation&#39;s population. The telecommunication sector regulator has included customers of six telecom service providers and 23 internet service providers in the report. According to Min Prasad Aryal, Spokesperson of NTA development of internet infrastructures and rise of the number of new users are the main reason behind the rapid increment in the number of internet users.</p>

<p style="text-align: justify;">As per the NTA data, the majority of internet users are mobile data users. Nevertheless, broadband internet which is considered a key factor of a nation&#39;s GDP has not expanded as expected. The reason behind increasing number of mobile users are infrastructure development and ease of mobile use. Aryal said that NTA is actively engaged in expanding the broadband connectivity throughout the country. &ldquo;The tasks of developing broadband internet infrastructures have already been initiated. We can expect quantitative increase in the number of broadband internet users with the development of such infrastructures.&quot;</p>

<p style="text-align: justify;">Out of mobile data users, 12.74 are GPRS and 3G users, whereas 199,671 are CDMA and EVDO data users. Similarly, 170,701 people use the ADSL service while 47,781 use optical fibre and 9,382 uses PSTN based services. &nbsp;Likewise, the number of cable modem, WiMax and VSAT based internet service users stand at 84,235 and 14,875 and 13 respectively.</p>

<p style="text-align: justify;">In terms of market share, NTC leads with 55.24 percent of total users. Likewise, Ncell covers 42.47 percent of the market while internet service providers have 1.04 percent share of the market.</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3895',
			'image' => '20160727020237_internet.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '4061',
			'article_category_id' => '1',
			'title' => 'Ncell –Gham Power Collaborates, Promoting Alternative Energy',
			'sub_title' => '',
			'summary' => 'July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration w',
			'content' => '<p style="text-align: justify;">July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration will promote off-grid power solutions, making it possible for communities out of national electricity grid in Khotang and Udaypur to avail both energy and telecom services.</p>

<p style="text-align: justify;">As per the agreement, Ncell will take anchor load of solar power generated by three micro-grids in Okhaldhunga and Khotang district, thereby making its off-grid systems commercially viable. As the micro grids also have surplus capacity, the collaboration contributes to off-grid electrification of communities, creating new economic opportunities and social benefits for the people.</p>

<p style="text-align: justify;"><br />
The solar micro-grids are built by Gham Power with financial support from Asian Development Bank Energy for All Program, from the DOEN Foundation. NMB Bank in collaboration with Alternative Energy Promotion Centre also supported the project. GSM Association, in its bid to support installation of micro-grids to provide energy to mobile towers, household and businesses, had also provided &lsquo;Mobile for Development (M4D) Utilities Innovations Grant&rsquo; to Gham Power as seed money last year.<br />
&nbsp;<br />
Under the collaboration, Ncell has installed mobile towers in Banpala of Chyasimtar VDC, Khotang and Ghurmi of Lekhani VDC in Udaypur and commenced services. The towers have enabled people in 31 VDCs of Khotang and Udaypur districts to get access to mobile services.<br />
&nbsp;<br />
As per Andras Pali, ICT director of Ncell, the company is trying to create herein win-win for off-grid power solutions for the larger benefit of the rural communities. He said, &ldquo;While we guarantee anchor load, the company can distribute the surplus energy to communities, making household lighting and productive economic activities possible for the people living around the sites.&quot;<br />
&nbsp;<br />
The collaboration marks distinct departure in the way Ncell was handling off-grid base transceiver stations (BTS). So far, the company has been expanding its service to areas out of national grid by building its own solar power. Currently, 5.77% of Ncell sites operates solely on solar, while additional 8.5% have solar back up sites with hybrid solutions.<br />
&nbsp;<br />
&ldquo;The collaboration offers benefits for both Ncell as well as off-grid power supplier, delivering larger benefits to the society,&rdquo; said Pali. Ncell will explore further possibilities to increase number of this kind of collaboration in geographically difficult areas where there is no grid power.<br />
&nbsp;<br />
Gham Power is generating 35 kilowatts of solar power from the three micro-grids. Even after supply to the two Ncell sites and local communities, the energy company can still supply energy to over two dozen businesses. &nbsp;<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3894',
			'image' => '20160727125832_ncell.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '4060',
			'article_category_id' => '1',
			'title' => 'Datsun Redi-Go Launched',
			'sub_title' => '',
			'summary' => 'July 27: Pioneer Moto Crop has launched Nepal’s first urban cross car ‘Datsun Redi-Go.’ The company informed that it has maintained a competitive price for the new car.',
			'content' => '<p style="text-align: justify;">July 27: Pioneer Moto Crop has launched Nepal&rsquo;s first urban cross car &lsquo;Datsun Redi-Go.&rsquo; The company informed that it has maintained a competitive price for the new car.</p>

<p style="text-align: justify;">&nbsp;&ldquo;We have determined the starting price of the car to be Rs 1.39 million with a thought of giving &lsquo;value of money&rsquo;,&rdquo; says Sandip Sarda, Managing Director of the company. The company, organising a program on Kathmandu informed that the Datsun redi-GO comes with five attractive body color options&mdash;white, silver, grey, ruby and lime. Pioneer Moto Crop is the authorized dealer of Datsun car in Nepal.</p>

<p style="text-align: justify;"><strong>Features of Car</strong></p>

<p style="text-align: justify;">As per the company, the new car launched in a highly competitive price has the provision of leg space, ground clearance, and fuel ratio. The company also has kept the provision of Datsun PRO SAFE7 (Safety Package in the car.</p>

<p style="text-align: justify;">The Datsun PRO-SAFE7 brings safety features like short braking distance, a high strength body shell to help absorb potential impacts, good visibility and a wider view of the road. The car also has a superior suspension system, excellent maneuverability, high bolster support while cornering and energy absorbing steering wheel and driver airbag.</p>

<p style="text-align: justify;">According to the company, the Datsun redi-GO delivers a fuel economy of 25.17 kmpl. The car also contains o.8 liter of 3-cylinder petrol engine along with 5-speed manual transmission. The company claimed that the car can take a speed of 100 km/hour in only 15.9 second.</p>

<p style="text-align: justify;">The maximum speed of the car is 140 km/hour. The new suspension system used in the car ensures the car control and comfort of the journey, informed the company. On the purchase of the car, the company is also providing three years or 30, 000 km warranty. The new car is available from 11 Datsun sales and service touch points in Nepal.<br />
<br />
<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3893',
			'image' => '20160727125214_datsun.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
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  //  $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(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4074',
			'article_category_id' => '1',
			'title' => 'Yeti Devt Bank's Operating Profit Rs 488 million',
			'sub_title' => '',
			'summary' => 'July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank.  ',
			'content' => '<p style="text-align: justify;">July 29: Yeti Development Bank has earned operating profit of Rs 488.2 million in the last FY as per the fourth quarter financial statement released by the bank. &nbsp;</p>

<p style="text-align: justify;">The net profit of the bank has increased by 160.70 percent to Rs 362.9 million in the last FY from Rs 139.2 million of the previous FY. The bank was able to decrease bad debt from 7.91 percent of the previous FY to 4.17 percent in the last FY. According to the bank, it aims to drop the bad debt rate to two percent in the current FY.</p>

<p style="text-align: justify;">Currently, the bank is providing services to its customers through 25 branches and 20 ATMs. The bank is providing 6-7.5 percent interest rate in various saving accounts including safety savings, various fixed deposit savings, elder citizens&rsquo; savings and women savings. Similarly, the bank is providing home loans, auto loan, share investment loan, personal loans and business loans at the interest rate of 9.99-12 percent range.</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3907',
			'image' => '20160729122448_yeti.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '4073',
			'article_category_id' => '1',
			'title' => 'NCC Bank Turns to Acquisition as Kumari Declines Merger',
			'sub_title' => '',
			'summary' => 'July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the p',
			'content' => '<p style="text-align:justify">July 29: Nepal Credit and Commerce Bank (NCC) is preparing to acquire any financial institution in a bid to meet minimum paid-up capital as directed by NRB. Earlier NCC was in process of becoming the first bank to meet paid-up capital requirement through the biggest merger till date. However, the process could not succeed due to decline of the biggest partner Kumari Bank at the last moment. &ldquo;Thus, the bank is preparing to meet the minimum paid-up capital through acquiring any other financial institutions in the given time,&rdquo; said Bandana Pathak, Spokesperson and Deputy General Manager of the bank.</p>

<p style="text-align:justify">NCC is also doing homework on meeting paid-up capital through internal process (bonus share and right share). &ldquo;We will try to our extent to meet the paid-up capital through internal process. Otherwise, we will acquire any other financial institution in order to meet the paid-up capital in time,&rdquo; she added. NRB through the monetary policy of the FY 2072/73 had directed BFIs to raise their paid-up capital to Rs 8 billion by the end of FY 2073/74.&nbsp; For that matter, NRB has encouraged BFIs to adopt merger process. Under the mechanism, NCC Bank, Infrastructure Bank, Apex Development Bank, International Development Bank, Supreme Development Bank and Kumari Bank had agreed to merge with each other on January 13.</p>

<p style="text-align:justify">NRB had approved the biggest merger process till date to be finalised at the end of FY 2072/73. However, Kumari Bank at the last moment forfeited the merger process due to its shareholders&rsquo; rejection on the merger process through special general meeting (SGM). The merger process delayed due to the back-off of the bank with the highest paid-up capital in the group. According to the directors of the bank, Kumari Bank forfeited the merger as the shareholders of the bank didn&rsquo;t accept the swap ratio decided for the merger.</p>

<p style="text-align:justify">Few promoter shareholders of Kumari Bank lobbied against the merger during SGM citing Kumari Bank is better and stronger bank than NCC in terms of paid-up capital, transactions and performance. As per the due diligence audit (DDA) of assets and liabilities of the banks, 100 units of shares of NCC was decided against the same number of shares of Kumari Bank. However, Kumari Bank&rsquo;s shareholders who opposed the merger argue that as the bank is stronger than NCC, the swap ratio should be decided accordingly. The final result of the SGM went in the favour of opposition shareholders and the bank at the end forfeited the merger process. &nbsp;</p>

<p style="text-align:justify">Currently, NCC Bank along with five other financial institutions is in the final stage of the merger process. After the merger, the paid-up capital of the merged entity will totalled Rs 5.52 billion.</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3906',
			'image' => '20160731023215_ncc kumari.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '4072',
			'article_category_id' => '1',
			'title' => 'Construction of Ncell Supported Dialysis Centre Completes',
			'sub_title' => '',
			'summary' => 'July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney pat',
			'content' => '<p style="text-align: justify;">July 29: The construction of Day Care Dialysis Centre supported by Ncell in Tribhuwan University Teaching Hospital(TUTH) at Maharajgunj has been completed. According to the company, the dialysis centre has enabled the hospital to enhance its capacity to operate health services for kidney patients.<br />
<br />
The company had provided financial support to Teaching Hospital with an aim to enable the people to access critical renal health care services within the country in 2004. The newly completed care centre has capacity to accommodate 16 dialysis machines, and it is equipped with RO water treatment facilities.<br />
&nbsp;<br />
Ncell had support construction of the new center as a part of its corporate social responsibility (CSR). &nbsp;The company has provided financial support of Rs 15 million for the construction of the centre on the third floor of Surgical OPD building, reads a press statement. Apart from building the infrastructure wherein 16 dialysis machines can be installed, the company has also supported to install the RO water treatment system essential for dialysis service. A patient friendly lift having capacity to serve 20 persons at a time has also been installed under this project.<br />
&nbsp;<br />
As per Prof. Dr. Prem Krishna Khadga, Deputy Director of TUTH, operation of the Center will contribute to improve people&rsquo;s access to kidney health care services. &quot;It will enhance service delivery capabilities of the hospital, also strengthening the national policy in the treatment of outdoor basis. We will have to install new dialysis machines so that more kidney patients could benefit from the newly constructed Centre,&quot; he added.&nbsp; Simon Perkins, Managing Director of Ncell said, &ldquo;It gives us great pleasure to equip the hospital with basic infrastructure required to serve people suffering from kidney diseases.&rdquo;</p>

<p style="text-align: justify;">Issuing a press statement by Ncell, the company has also provided support to Manmohan Cardiothoracic Vascular and Transplant Center (MCVTC) in Maharajgunj to set up world-class cardiothoracic Intensive Care Units (ICUs).</p>
',
			'published' => true,
			'created' => '2016-07-29',
			'modified' => '2016-07-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3905',
			'image' => '20160729111320_ncell.jpg',
			'article_date' => '2016-07-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '4071',
			'article_category_id' => '1',
			'title' => 'NTC and DHM Sign agreement to send SMS Alert on Weather-related Disasters',
			'sub_title' => '',
			'summary' => 'July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of p',
			'content' => '<p style="text-align: justify;">July 28: Nepal Telecom (NTC) and Department of Hydrology and Meteorology (DHM) has signed an agreement in a bid to provide early warning alerts of possible weather-related disasters through SMS. Buddhi Prasad Acharya, Managing Director of NTC and Dr Rishi Ram Sharma, Director General of DHM signed the agreement amid a program on July 28.</p>

<p style="text-align: justify;">As per the agreement, NTC will provide data of customers resided in river areas and Himalaya range including Mahakali, West Rapti, Kankai, Babaie and Koshi to DHM in order to send early warning to the locals about the possible weather-related disaster. Based on the real time situation, the department will send mass SMS to the people living in the disaster prone areas from short code number 1155. NTC is providing the services free of cost.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3904',
			'image' => '20160728042141_20160728035005_ntc.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '4070',
			'article_category_id' => '1',
			'title' => 'Listed Companies Lack Good Governance: SEBON Chairman',
			'sub_title' => '',
			'summary' => 'July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 28. Dr Karki said that the market has been affected due to the insider tra',
			'content' => '<p style="text-align: justify;">July 28: Dr Rewat Bahadur Karki, Chairman of Securities Board of Nepal (SEBON) has stressed a need for good governance in the companies listed in the stock market. He made such remarks during a program organized on July 27. Dr Karki said that the market has been affected due to the insider trading. &quot;Leakage of confidential information is posing risks to small investors.&quot; He suggested the investors to have proper knowledge about the market and the companies before investing. According to him, leakage of information such as company data, bonus and dividends before they are made public benefits some investors who have access to information of the companies.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3903',
			'image' => '20160728024421_bm_RewatBhdrKarkii.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '4069',
			'article_category_id' => '1',
			'title' => 'Import of Major Commodities Decline through Birgung Checkpoint',
			'sub_title' => '',
			'summary' => 'July 28: The import of major commodities has dropped from the country's biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major c',
			'content' => '<p style="text-align: justify;">July 28: The import of major commodities has dropped from the country&#39;s biggest checkpoint Birgunj. Birgunj checkpoint used to be the busiest checkpoint of Nepal with the highest quantities of commodities being export and import from the point. According to the Birgunj Customs Office, import of ten major commodities that are included in the top contributors of national revenue has declined. &ldquo;Import has fallen down in FY 2015/16 compared to the previous FY due to six months long Terai unrest and Indian blockade,&rdquo; said Sewantak Pokharel, Chief Customs Officer. He said &ldquo;The import of major commodities fell down drastically during that period of time.&rdquo;</p>

<p style="text-align: justify;">The officials of Birgunj Customs Office report that there is a heavy decline in import of vehicles which is listed number one in terms of national revenue contributors. The number of light vehicles also goes down to less than half in the last fiscal year compared to that of previous FY. The vehicles which were used to import through Birgunj checkpoint are shifted to Bhairhawa checkpoint.</p>

<p style="text-align: justify;">According to the statistics of Birgunj Customs Office, only 5,171 vehicles under car, jeep, van segment entered Nepal through the customs point in 2015/16 down from 11,698 units in 2014/15. Meanwhile, only 70,518 two-wheelers were imported through the point against 109,435 units. Similarly, the import of vehicles chassis also declined in the review year. Only 4,184 chassis of buses and trucks entered the country through Birgunj customs, down from 4,776 during that period. As per Pokharel, only 764 minibuses entered Nepal against 1,558 during the review period. Likewise, the number of trucks and mini-trucks drops from 2,992 to 1,462 at the same period.</p>

<p style="text-align: justify;">There is not only decrease in number of vehicles entering in Nepal but also other major commodities including petroleum products, industrial raw materials, food stuffs etc have also declined during the period. Along with the decline in the import from the checkpoint, revenue collection from it has dropped simultaneously.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3902',
			'image' => '20160728015138_bir.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4068',
			'article_category_id' => '1',
			'title' => 'Himalaya Airlines Chooses Amadeus as its First Global Distribution Partner',
			'sub_title' => '',
			'summary' => 'July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel sector.',
			'content' => '<p style="text-align:justify">July 28: Himalayan Airlines has signed an agreement on ticket booking with Amadeus for providing qualitative booking service. Amadeus is a company that provides services in travel sector.</p>

<p style="text-align:justify">Himalaya Airlines has chosen Amadeus as its first global distribution system (GDS) partner to distribute its fares, schedules and availability through the world&#39;s widest network of travel agents.<br />
<br />
The Nepal-China joint venture airline launched its inaugural flight to Doha on May 31. It is now preparing to add Delhi, Lhasa, Chengdu, Beijing, Colombo, Bangkok, Hong Kong and Dammam in its flight network in the coming months.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3901',
			'image' => '20160728121858_himalaya.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4067',
			'article_category_id' => '1',
			'title' => 'Collaboration between Chhimek Laghubitta and Sachham-Access to Finance',
			'sub_title' => '',
			'summary' => 'July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid.  “With this collaboration, the bank will provide the financial services in those areas through female banking agents,”',
			'content' => '<p style="text-align: justify;">July 28: Chhimek Laghubitta Bikas Bank is going to provide financial services in the rural areas of Western Nepal in the collaboration of Sachham-Access to Finance program aided by the UK Aid.&nbsp; &ldquo;With this collaboration, the bank will provide the financial services in those areas through female banking agents,&rdquo; informed the bank in a press statement. Baljit Bohara, Team Chief of Sachham program and Ramchandra Joshi, CEO of the Chhimek Laghubitta signed on the agreement on behalf of respective institution amid a program on July 27.</p>

<p style="text-align: justify;">According to the statement, the collaboration will empower the local women to work in tough geographical areas like Banke, Dadeldhura, Dang, Kailali and Rukum as a branchless banking agent. &ldquo;Training will also be given to the women candidates selected as a digital women to work freely,&rdquo; adds the statement.</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3900',
			'image' => '20160728120844_chimek.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4066',
			'article_category_id' => '1',
			'title' => 'Distribution of Bonus Shares in Limbo',
			'sub_title' => '',
			'summary' => 'July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Ne',
			'content' => '<p style="text-align:justify">July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.</p>

<p style="text-align:justify">&ldquo;It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,&rdquo; said Trilochan Pangeni, Spokesperson of NRB. &ldquo;NRB instantly provides approval to those companies that fulfil the legal procedures,&rdquo; he added.</p>

<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>

<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>

<p style="text-align:justify">&ldquo;We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,&rdquo; said an official of the bank.</p>

<p style="text-align:justify">&ldquo;Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,&rdquo; he explained.</p>

<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-28',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3899',
			'image' => '20160728115804_bonus-shares.jpg',
			'article_date' => '2016-07-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4065',
			'article_category_id' => '1',
			'title' => 'CNI President Appointed as Member of IB',
			'sub_title' => '',
			'summary' => 'July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a member.',
			'content' => '<p style="text-align:justify">July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as member of Investment Board (IB). The recently held meeting of IB has appointed Sharma as a member.</p>

<p style="text-align:justify">President Sharma being an industrialist is also an expert of infrastructure development, industrialization and overall economy. &ldquo;Representation of Sharma in IB will provide additional help on private sector promotion, attracting direct foreign investment and development and expansion of infrastructure of the nation,&rdquo; expresses CNI in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3898',
			'image' => '20160727054729_Hari Bhakta Sharma.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4064',
			'article_category_id' => '1',
			'title' => 'Decline in Mobile Internet Cost',
			'sub_title' => '',
			'summary' => 'July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing.  Due to the increase in number of internet ',
			'content' => '<p style="text-align: justify;">July 27: As an increasing number of initiatives taken to provide continuous internet service, the cost of mobile internet service has been decreasing. &nbsp;Due to the increase in number of internet users and market competition the internet charge has been decreasing.</p>

<p style="text-align: justify;">The telecommunication service providers plays vital role in increasing significant internet users in Nepal. Based upon the level of services and type of telecommunication service providers, the mobile internet cost varies accordingly.</p>

<p style="text-align: justify;">As per the internet service provided by Nepal Telecom, it has fixed Rs 1 per 1 mbps excluding tax if the user usages internet without data package. Similarly, it cost Rs 28 to Rs 80 excluding tax if the user buys data package from 10 MB to 10 GB. Since one year Telecom has been providing data package system to its customers.</p>

<p style="text-align: justify;">In case of Ncell users, it cost Rs 3 per MB excluding tax to its internet user without using data pack. 5 years back, it was fixed at Rs 6 per MB excluding tax. During the period, the internet cost of Ncell has become cheaper by around 50 percent.</p>

<p style="text-align: justify;">Stakeholders opined that due to technological development, increasing 3D coverage and market competition, internet cost is declining in the country.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3897',
			'image' => '20160727040227_mi.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4063',
			'article_category_id' => '1',
			'title' => 'Crossmandu National Championship on 6 August at Tinkune',
			'sub_title' => '',
			'summary' => 'July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune, ',
			'content' => '<p style="text-align:justify">July 27: Nepal Motorcycle Federation-NMF is conducting Crossmandu National Championship 2016, a technical training based championship on August 6 at Tinkune, Kathmandu. Issuing a press statement, it has been informed that the championship is being organised under the supervision of trained marshals where 30 Off-road dirt bike riders upto 250cc will be showing their riding skills on 550mtrs off-road tracks.&nbsp; The riders will be provided basic technical training &amp; guidance.</p>

<p style="text-align:justify">&nbsp;&ldquo;In lieu to growing interest towards Off Road Bikes, AsiaWing Crossfire motorcycle as main sponsor is contributing to develop motorsports in Nepal.&nbsp; Other contributors as sponsor includes UM Motorcycle, TVS Tyres, Red Bulls &amp; promotional, magazine, event &amp; travel partners as Nepalauto info, Automobile Monthly, Nepal Culture &amp; Adventure Events &amp; Foot mark Travel &amp; Adventures respectively. Event supported by Kathmandu District Development Committee and Nepal Automobiles&#39; Association NASA,&rdquo; reads the statement.</p>

<p style="text-align:justify">&ldquo;Events like Crossmandu will definitely give Nepalese riders chance to quench their thirst for off-road race, can win cash prices &amp; a platform to participate at international level,&rdquo; said Santosh Nyaupane, Event Manager.&nbsp; &#39;Nepal is a country with mostly tough terrains &amp; event like this will definitely promote National tourism&#39; &ndash; he added.</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/20160727035055_crusmandu.jpg" style="height:420px; width:700px" /></p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3896',
			'image' => '20160727022935_crossmandu.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4062',
			'article_category_id' => '1',
			'title' => 'Internet Access Reaches Half of the Population',
			'sub_title' => '',
			'summary' => 'July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April.  ',
			'content' => '<p style="text-align: justify;">July 27: Half of the population of the country has access to the internet, shows a new statistics. According to the data unveiled by Nepal Telecommunications Authority (NTA), 13.27 million people have access to the internet as of mid-April. &nbsp;</p>

<p style="text-align: justify;">As per the population census of 2011, total population of the country is 26.49 million. The new NTA figure is 50.11 percent of the nation&#39;s population. The telecommunication sector regulator has included customers of six telecom service providers and 23 internet service providers in the report. According to Min Prasad Aryal, Spokesperson of NTA development of internet infrastructures and rise of the number of new users are the main reason behind the rapid increment in the number of internet users.</p>

<p style="text-align: justify;">As per the NTA data, the majority of internet users are mobile data users. Nevertheless, broadband internet which is considered a key factor of a nation&#39;s GDP has not expanded as expected. The reason behind increasing number of mobile users are infrastructure development and ease of mobile use. Aryal said that NTA is actively engaged in expanding the broadband connectivity throughout the country. &ldquo;The tasks of developing broadband internet infrastructures have already been initiated. We can expect quantitative increase in the number of broadband internet users with the development of such infrastructures.&quot;</p>

<p style="text-align: justify;">Out of mobile data users, 12.74 are GPRS and 3G users, whereas 199,671 are CDMA and EVDO data users. Similarly, 170,701 people use the ADSL service while 47,781 use optical fibre and 9,382 uses PSTN based services. &nbsp;Likewise, the number of cable modem, WiMax and VSAT based internet service users stand at 84,235 and 14,875 and 13 respectively.</p>

<p style="text-align: justify;">In terms of market share, NTC leads with 55.24 percent of total users. Likewise, Ncell covers 42.47 percent of the market while internet service providers have 1.04 percent share of the market.</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3895',
			'image' => '20160727020237_internet.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '4061',
			'article_category_id' => '1',
			'title' => 'Ncell –Gham Power Collaborates, Promoting Alternative Energy',
			'sub_title' => '',
			'summary' => 'July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration w',
			'content' => '<p style="text-align: justify;">July 27: Ncell, the leading mobile service provider has entered in an agreement with Gham Power for promoting alternative enerygy. The collaboration will promote off-grid power solutions, making it possible for communities out of national electricity grid in Khotang and Udaypur to avail both energy and telecom services.</p>

<p style="text-align: justify;">As per the agreement, Ncell will take anchor load of solar power generated by three micro-grids in Okhaldhunga and Khotang district, thereby making its off-grid systems commercially viable. As the micro grids also have surplus capacity, the collaboration contributes to off-grid electrification of communities, creating new economic opportunities and social benefits for the people.</p>

<p style="text-align: justify;"><br />
The solar micro-grids are built by Gham Power with financial support from Asian Development Bank Energy for All Program, from the DOEN Foundation. NMB Bank in collaboration with Alternative Energy Promotion Centre also supported the project. GSM Association, in its bid to support installation of micro-grids to provide energy to mobile towers, household and businesses, had also provided &lsquo;Mobile for Development (M4D) Utilities Innovations Grant&rsquo; to Gham Power as seed money last year.<br />
&nbsp;<br />
Under the collaboration, Ncell has installed mobile towers in Banpala of Chyasimtar VDC, Khotang and Ghurmi of Lekhani VDC in Udaypur and commenced services. The towers have enabled people in 31 VDCs of Khotang and Udaypur districts to get access to mobile services.<br />
&nbsp;<br />
As per Andras Pali, ICT director of Ncell, the company is trying to create herein win-win for off-grid power solutions for the larger benefit of the rural communities. He said, &ldquo;While we guarantee anchor load, the company can distribute the surplus energy to communities, making household lighting and productive economic activities possible for the people living around the sites.&quot;<br />
&nbsp;<br />
The collaboration marks distinct departure in the way Ncell was handling off-grid base transceiver stations (BTS). So far, the company has been expanding its service to areas out of national grid by building its own solar power. Currently, 5.77% of Ncell sites operates solely on solar, while additional 8.5% have solar back up sites with hybrid solutions.<br />
&nbsp;<br />
&ldquo;The collaboration offers benefits for both Ncell as well as off-grid power supplier, delivering larger benefits to the society,&rdquo; said Pali. Ncell will explore further possibilities to increase number of this kind of collaboration in geographically difficult areas where there is no grid power.<br />
&nbsp;<br />
Gham Power is generating 35 kilowatts of solar power from the three micro-grids. Even after supply to the two Ncell sites and local communities, the energy company can still supply energy to over two dozen businesses. &nbsp;<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3894',
			'image' => '20160727125832_ncell.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '4060',
			'article_category_id' => '1',
			'title' => 'Datsun Redi-Go Launched',
			'sub_title' => '',
			'summary' => 'July 27: Pioneer Moto Crop has launched Nepal’s first urban cross car ‘Datsun Redi-Go.’ The company informed that it has maintained a competitive price for the new car.',
			'content' => '<p style="text-align: justify;">July 27: Pioneer Moto Crop has launched Nepal&rsquo;s first urban cross car &lsquo;Datsun Redi-Go.&rsquo; The company informed that it has maintained a competitive price for the new car.</p>

<p style="text-align: justify;">&nbsp;&ldquo;We have determined the starting price of the car to be Rs 1.39 million with a thought of giving &lsquo;value of money&rsquo;,&rdquo; says Sandip Sarda, Managing Director of the company. The company, organising a program on Kathmandu informed that the Datsun redi-GO comes with five attractive body color options&mdash;white, silver, grey, ruby and lime. Pioneer Moto Crop is the authorized dealer of Datsun car in Nepal.</p>

<p style="text-align: justify;"><strong>Features of Car</strong></p>

<p style="text-align: justify;">As per the company, the new car launched in a highly competitive price has the provision of leg space, ground clearance, and fuel ratio. The company also has kept the provision of Datsun PRO SAFE7 (Safety Package in the car.</p>

<p style="text-align: justify;">The Datsun PRO-SAFE7 brings safety features like short braking distance, a high strength body shell to help absorb potential impacts, good visibility and a wider view of the road. The car also has a superior suspension system, excellent maneuverability, high bolster support while cornering and energy absorbing steering wheel and driver airbag.</p>

<p style="text-align: justify;">According to the company, the Datsun redi-GO delivers a fuel economy of 25.17 kmpl. The car also contains o.8 liter of 3-cylinder petrol engine along with 5-speed manual transmission. The company claimed that the car can take a speed of 100 km/hour in only 15.9 second.</p>

<p style="text-align: justify;">The maximum speed of the car is 140 km/hour. The new suspension system used in the car ensures the car control and comfort of the journey, informed the company. On the purchase of the car, the company is also providing three years or 30, 000 km warranty. The new car is available from 11 Datsun sales and service touch points in Nepal.<br />
<br />
<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-27',
			'modified' => '2016-07-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3893',
			'image' => '20160727125214_datsun.jpg',
			'article_date' => '2016-07-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
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

file not found!

Latest

173 People Die in Disaster Incidents since June 10

Crusher Federation Urges PM Oli for Industry Renewal

Prime Minister Calls for Enhancing 'Hello Sarkar' Service

Bardiya National Park Sees Increase in Tourist Arrivals

Experts, Manpower Agencies at Odds Over Draft of Labour Migration Policy

Lower Seti Hydropower Project Acquires o500 Ropanis of Land

Government Proposes Formation of New Authority to Regulate Cooperatives

Sugar Prices Surge ahead of Festive Season amid Govt’s Failure to Import Sugar

BFIN to Host Conference in Kathmandu on Wednesday

Price of Gold Reaches All-Time High in Nepal

FOREX

Currency	Unit	Buy	Sell
U.S. Dollar	1	121.23	121.83
European Euro	1	131.65	132.31
UK Pound Sterling	1	142.47	143.18
Swiss Franc	1	124.29	124.90
Australian Dollar	1	71.69	72.05
Canadian Dollar	1	83.90	84.32
Japanese Yen	10	10.94	11.00
Chinese Yuan	1	17.17	17.26
Saudi Arabian Riyal	1	32.27	32.43
UAE Dirham	1	33.01	33.17
Malaysian Ringgit	1	27.36	27.50
South Korean Won	100	9.77	9.82

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Bullion

Fine Gold	1 tola	77000.00
Tejabi Gold	1 tola	76700.00
Silver	1 tola	720.00

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00