July 27: With the daily increment of transaction amount in the sole capital market of the country, Central Deposit and Clearing Company (CDSC) has fasten the process of appointing additional clearing bank. Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE)…
July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths.…
July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment…
July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on…
July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane,…
July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category.…
July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49…
July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three…
July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July…
July 26: Jagadamba Cement has initiated ' Aaoun sabai mili desh banau' campaign requesting all the Nepali citizens to come forward for the construction of…
July 26: Rotary club of Kathmandu West has completed its 16th installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16th installation was concluded on the chairmanship of Ambassador of United Arab Emirates…
July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced…
July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed on the agreement amid a program on July 24. The fellowship will be given in four…
July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million.…
July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell…
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Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE) an', 'content' => '<p>July 27: With the daily increment of transaction amount in the sole capital market of the country, Central Deposit Settlement and Clearing Company (CDSC) has fasten the process of appointing additional clearing bank. Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE) and CDSC through correspondence regarding appointment of additional clearing bank. “Securities trading in the market are increasing daily. Additional clearing bank is necessary in order to fasten the clearing process of the stocks without hassles and also to further expand the market,” said Niraj Giri, Spokesperson of SEBON. The board concludes that the progress happening on branch expansion (remote work station) of brokers and significant rise in daily transaction amount in the NEPSE have inadvertently demanded additional clearing bank.</p> <p>SEBON had earlier directed the concerned parties to increase the number of clearing banks to three on April 15, 2015. However, NEPSE ignored the SEBON direction citing satisfactory services of the present clearing bank and pending AMC agreement on purchasing new software including other problems. But now, following the latest reminder of the board, CDSC is preparing to carry out technical analysis in order to add clearing bank. “Subsequent to the technical analysis, modification of present software will be done. For that, Indian software company ‘Tata Consultancy Services’ have been appointed to build software as per the necessity of the Nepali market,” said Dev Prakash Gupta, CEO of CDSC.</p> <p>“Once the software is built, tender call for clearing banks will be made. After the thorough study of financial and technical capacities of the banks interested to work as clearing bank, the bank that gets the responsibility will be decided,” Gupta added. He further said “We are conducting study and analysis in a bid to appoint additional clearing bank ASAP. We cannot point out the date. We will implement the software build after technical analysis, only if it meets our requirement. Otherwise, we will send it for modification.”</p> <p>Broker companies will have to open mandatory account with clearing banks to carryout clearing transaction. The clearing bank helps to transfer fund and clear the share transaction through the account. Presently, Global IME Bank is the sole clearing bank in Nepal.</p> <p>The securities trading amount that used to be in the range of Rs 100-200 millions till few years ago are currently totalling in Rs 1-2 billions in the Nepali stock market. </p> ', 'published' => true, 'created' => '2016-07-27', 'modified' => '2016-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '3892', 'image' => '20160727122858_cdsc_demat.jpg', 'article_date' => '2016-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4058', 'article_category_id' => '1', 'title' => 'Gionee F103 Pro Launched in Nepal', 'sub_title' => '', 'summary' => 'July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths. The', 'content' => '<p style="text-align: justify;">July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths. The phone comes with 5.0 inch display with the resolution of 720 x 1280 pixels (294 ppi pixel densities).</p> <p style="text-align: justify;">Powered by 1.3GHz quad-core Media-Tek MT6735 processor, F130 has 13 MP rear camera and 5 MP front camera with flash. Running on Android OS, V6.0 Marshmallow (Amigo 3.2), new Gionee smartphone has 3 GB RAM and 16 GB ROM expandable up to 128 GB with micro SD card. The phone supports dual SIM and has 2400mAh Li-Polymer battery capacity. According to the company, the phone is available in grey, white and gold color.</p> ', 'published' => true, 'created' => '2016-07-27', 'modified' => '2016-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '3891', 'image' => '20160727113128_gionee.jpg', 'article_date' => '2016-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4057', 'article_category_id' => '1', 'title' => 'Lions Club provides Equipment to Gaur Eye Hospital ', 'sub_title' => '', 'summary' => 'July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment amo', 'content' => '<p style="text-align: justify;">July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment amounting to Rs 15 million was provided to the hospital through a program organised in coordination of Chief District Officer Nar Hari Baral. The Chairperson of DIS 325 A2 ex-multiple council Lion Bharat Prasad Dhungel handed over equipment for eye check-up, surgery equipment and 100 KV generators for the hospital. With the joint effort of Dhugel and Lions Club Vision of Rautahat, Lions Club International handed over 12 types of equipments the hospital.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3890', 'image' => '20160726033738_lion.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4056', 'article_category_id' => '1', 'title' => 'JCBs ‘Operator Meet’ at Gorkha', 'sub_title' => '', 'summary' => 'July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on Saturday.', 'content' => '<p style="text-align: justify;">July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on Saturday. According to MAW, the program was organised to train the heavy equipment operators about the ways to use and handle the machines.</p> <p style="text-align: justify;">The program was participated by 49 operators of Gorkha. The engineers and specialists at the program provided information about spare parts and awareness about safety measures to save the machines from damage. “The main objective of the program is to teach operators about the care and repair of the machines,” says Sanjeev Dewja, Marketing Manager of JCB Division, adding, “We are expecting that the program will provide advantage to both operator and owner of the machines.”</p> <p style="text-align: justify;">At the program, the operators were taught to save the machines from damage and measures to be taken if the machine is damaged by any means. Specialists, at the program also informed about the importance of genuine parts in the machine. At the program, health check up of operators was also conducted by doctors.</p> <p style="text-align: justify;">According to the one of the participating operators such program was held for the first time at Gorkha. The operators suggested for the continuity of such programs informing that they are being beneficial with such programs by MAW. MAW had organised similar kind of program at Dhading last month. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3889', 'image' => '20160726012228_jcb.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4055', 'article_category_id' => '1', 'title' => 'Lamichhane Wins ‘Yeti Literature Award-2016’', 'sub_title' => '', 'summary' => 'July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane, ', 'content' => '<p style="text-align: justify;">July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane, Branch Manager of the bank jointly awarded the award. The bank has been honoring Nepali literatures contributing to the society every year.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3888', 'image' => '20160726010441_yeti.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4054', 'article_category_id' => '1', 'title' => 'NLG Bags BPA Award on Insurance Category', 'sub_title' => '', 'summary' => 'July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category. ', 'content' => '<p style="text-align: justify;">July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category. The company had bagged the award last year as well. Last year, the company had received Certificate of Merit for its annual report provided by South Asian Federation of Association (SAFA).</p> <p style="text-align: justify;">Currently, NLG Insurance is providing its services through 29 branches and sub-branches from nearly 244 institutional agents. Presently, the paid-up capital of the company is Rs 40.9 million.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3887', 'image' => '20160726010019_nlg.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4053', 'article_category_id' => '1', 'title' => 'Toyota Spare Parts Outlet in Nayabazaar', 'sub_title' => '', 'summary' => 'July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49 years.', 'content' => '<p style="text-align:justify">July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened a new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49 years.</p> <p style="text-align:justify">According to the company, it has opened the new outlet to provide spare parts of Toyota vehicles to its customers resided in Nayabazaar and surroundings. It has been informed that the showroom offers genuine parts of the vehicles since 1980.</p> <p style="text-align:justify">The showroom has all types of genuine parts, Mobil oil and other accessories of Toyota vehicles. The company informed of building workshop networks along with the opening of spare parts outlet.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3886', 'image' => '20160726125109_toyota.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4052', 'article_category_id' => '1', 'title' => 'Kailash Bank Bags National Best-Presented Annual Report Award', 'sub_title' => '', 'summary' => 'July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three times.', 'content' => '<p style="text-align: justify;">July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three times.</p> <p style="text-align: justify;">According to the bank, it has been providing its services emphasizing institutional good governance, transparency, accountability, sustainable growth and standard customers. Currently, the bank has got the paid up capital of Rs 1.58 billion and collected Rs 15.6 billion deposits extending the loan of Rs 13.50 billion. During this period, the bank has made the operating profit of Rs 440 million.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3885', 'image' => '20160726121704_kailash.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4051', 'article_category_id' => '1', 'title' => 'Agreement between Boom Remit and Mega International', 'sub_title' => '', 'summary' => 'July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July 25.', 'content' => '<p style="text-align: justify;">July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July 25.</p> <p style="text-align: justify;">Dhirendra Panta, Executive Director of Boom Remit and Santosh Adhikari, Chairman of Mega International signed on the agreement on this regard. As per the agreement, money sent from abroad through Mega can be received through 1500 sub agents of Boom. Currently, Mega is doing transactions of remittance from Europe.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3884', 'image' => '20160726120814_remit.JPG', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4050', 'article_category_id' => '1', 'title' => 'Jagadamba Cement's ‘Let’s Make Country Together’ Campaign', 'sub_title' => '', 'summary' => 'July 26: Jagadamba Cement has initiated ' Aaoun sabai mili desh banau' campaign requesting all the Nepali citizens to come forward for the construction of ', 'content' => '<p style="text-align: justify;">July 26: Jagadamba Cement has initiated ' Aaoun Sabai Mili Desh Banau' campaign requesting all the Nepali citizens to come forward for the construction of strong and prosperous nation. According to the company, the overall development of Nepal is possible only through the joint effort of all the Nepali citizens. Thus, it has started the campaign requesting all Nepali citizens to build strong and sustainable nation.</p> <p style="text-align: justify;">The company informs of trying to bind all Nepali with its slogan 'Mero Desh, Mero Jagadamba Cement' since five years. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3883', 'image' => '20160726115141_jagadamba.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4049', 'article_category_id' => '1', 'title' => '16th Installation Ceremony of Rotary club of Kathmandu West', 'sub_title' => '', 'summary' => 'July 26: Rotary club of Kathmandu West has completed its 16th installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16th installation was concluded on the chairmanship of Ambassador of United Arab Emirates (U', 'content' => '<p style="text-align:justify">July 26: Rotary club of Kathmandu West has completed its 16<sup>th</sup> installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16<sup>th</sup> installation was concluded on the chairmanship of Ambassador of United Arab Emirates (UAE), Saeed Hamdan Al Naqei. Speaking at the event, Ambassador Saeed said that his tenure will be successful in maintaining diplomatic relationship between Nepal and UAE. According to the club, for the Rota Year 2016/17 Rajesh Kaji Kaayastha will be serving as President Elect, Suraj Saangache as President Nominee, Digbijay Bista as Club Secretary and Mohan Dhwaj Joshi as a Treasurer. Similarly, Madhu Dhwaj Joshi will be serving as Joint Treasurer, Sarada Bhakta Ranjit as a Service Director, Rupesh Adhikari as a Membership Officer and Rishvaman Pradhan will be serving as a Public Image Director.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3882', 'image' => '20160726113618_rotary.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4048', 'article_category_id' => '1', 'title' => 'Mega Bank Issuing 4:1 Right Shares', 'sub_title' => '', 'summary' => 'July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced a', 'content' => '<p>July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced at Rs 100 which cost Rs 601 in the secondary market at present.</p> <p>The bank informs that the shareholders registered in the book by July 24 can apply for the right shares. Global IME Capital has been appointed as Issue Manager of the bank. Similarly, the bank informs of availability of application forms from all the branches of the Mega Bank.</p> <p>After the issuance of right shares, the bank’s paid-up capital will reach Rs 4.05 billion. The bank is planning to issue bonus shares worth of Rs 56.5 million along with additional 4:1 right shares in the current FY in order to meet paid-up capital set by NRB. The bank is also planning to merge with another financial institution having paid-up capital of Rs 67 million to meet the remaining paid-up capital.</p> <p>The bank has earned Rs 322.8 million net profit by the mid-April of last FY. Similarly, the bank has predicted to earn Rs 891.1 million net profit in the current FY. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3881', 'image' => '20160726112032_mega.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4047', 'article_category_id' => '1', 'title' => 'HBL and SEJON Join Hands for Journalism Fellowship', 'sub_title' => '', 'summary' => 'July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed on the agreement amid a program on July 24. The fellowship will be given in four diffe', 'content' => '<p>July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed MoU amid a program on July 24. The fellowship will be provided in four different categories. As per the agreement, journalists from print and electronic media will get the fellowship. The fellowship will be named HBL SEJON Fellowship amounting Rs 50,000 per category.</p> <p>HBL will provide Rs 200,000 to SEJON for the purpose. Similarly, the bank will also provide Rs 30,000 for operating expenses. The fellowship will begin from this year.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3880', 'image' => '20160725030433_sejon.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4046', 'article_category_id' => '1', 'title' => 'Net Profit of Professional Diyalo Bikash Bank Increase 58 %', 'sub_title' => '', 'summary' => 'July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. ', 'content' => '<p style="text-align: justify;">July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. The increase in the net profit is attributed by 26 percent increments in net interest income and 58 percent increment in operating profit. The 9<sup>th</sup> AGM of the bank held on May has approved 9.25 percent bonus share distribution.</p> <p style="text-align: justify;">Meanwhile, the company has collected Rs 2.01 billion deposit and extended loan of Rs 1.72 billion during the review period. The reserve fund of the bank has increased by 39.31 percent. Interest income of the company has increased by 17.47 percent to Rs 195.1 million and interest expenses have increased by 11.22 percent to Rs 107.8 million.</p> <p style="text-align: justify;">Likewise, employee expenses, total operating income and other operational expenses has increased by 14.40 percent, 30.41 percent and 33.56 percent respectively.</p> <p style="text-align: justify;">The fixed asset has increased by 3.40 percent to Rs 19.1 million and other assets of the company have increased by 10 percent to Rs 20.4 million. The company has 5.74 percent capital fund expenditure and capital fund adequacy of 15 percent. Similarly, CD ratio of the company is 74.15 percent.</p> <p style="text-align: justify;">As per the financial report, the company has liquidity ratio of 30 times, earning per share of Rs 14.7 and P/E ratio of 26 times. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3879', 'image' => '20160725013629_pd.JPG', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4045', 'article_category_id' => '1', 'title' => 'Ncell, DHM Sign Mou to Send SMS Alert on Risks of Flood and Landslides', 'sub_title' => '', 'summary' => 'July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell si', 'content' => '<p>July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell signed a Memorandum of Understanding (MoU) with the Department of Hydrology and Meteorology (DHM) for the early warning/alerts system on July 22.</p> <p> Simon Perkins, managing director of Ncell and Dr. Rishi Ram Sharma, director general of the DHM signed the MoU for collaboration for the early warning. According to the agreement, Ncell will henceforth provide forecasting and early warning information about risks of flood and landslides through mass SMS to the people living in the downstream of West Rapti, Narayani, Kankai and Koshi.<br /> <br /> Under the MoU, depending upon the situation, DHM will provide SMS content to Ncell and the company will send SMS to the people living in those areas. DHM will trigger the messaging based on water level in rivers, following which Ncell will immediately send early warning SMS. The text will be sent from short code number 1155 to the customers living in the disaster prone areas based on the real time situation.<br /> <br /> It is informed that after receiving message about the water level crossing danger level, people can move to government-designated safe locations with their belongings. As soon as water level returns to normal, SMS alert will again be sent to inform them that there is no immediate risk. <br /> <br /> Ncell joined hands with the DHM for the implementation of early warning system as a part of its corporate social responsibility. According to Perkins, the flow of SMS to customers before occurrence of flood and landslide will contribute in saving human lives and reduce loss of property. Similarly, Dr. Sharma, DHM Director General said, “This collaboration with Ncell will help make people living in the risk prone areas to be pre-informed and remain safe. It is a good initiative. We will continue to add more locations in coming days. A total of 42 areas in the downstream of various rivers have been included as disaster prone locations and depending upon the risks of flood and landslides.”</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3878', 'image' => '20160725011405_ncell.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - 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 "" [APP/View/Elements/side_bar.ctp, line 60]file not found!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' => '4059', 'article_category_id' => '1', 'title' => 'Groundwork for Appointing Additional Clearing Bank Commences', 'sub_title' => '', 'summary' => 'July 27: With the daily increment of transaction amount in the sole capital market of the country, Central Deposit and Clearing Company (CDSC) has fasten the process of appointing additional clearing bank. Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE) an', 'content' => '<p>July 27: With the daily increment of transaction amount in the sole capital market of the country, Central Deposit Settlement and Clearing Company (CDSC) has fasten the process of appointing additional clearing bank. Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE) and CDSC through correspondence regarding appointment of additional clearing bank. “Securities trading in the market are increasing daily. Additional clearing bank is necessary in order to fasten the clearing process of the stocks without hassles and also to further expand the market,” said Niraj Giri, Spokesperson of SEBON. The board concludes that the progress happening on branch expansion (remote work station) of brokers and significant rise in daily transaction amount in the NEPSE have inadvertently demanded additional clearing bank.</p> <p>SEBON had earlier directed the concerned parties to increase the number of clearing banks to three on April 15, 2015. However, NEPSE ignored the SEBON direction citing satisfactory services of the present clearing bank and pending AMC agreement on purchasing new software including other problems. But now, following the latest reminder of the board, CDSC is preparing to carry out technical analysis in order to add clearing bank. “Subsequent to the technical analysis, modification of present software will be done. For that, Indian software company ‘Tata Consultancy Services’ have been appointed to build software as per the necessity of the Nepali market,” said Dev Prakash Gupta, CEO of CDSC.</p> <p>“Once the software is built, tender call for clearing banks will be made. After the thorough study of financial and technical capacities of the banks interested to work as clearing bank, the bank that gets the responsibility will be decided,” Gupta added. He further said “We are conducting study and analysis in a bid to appoint additional clearing bank ASAP. We cannot point out the date. We will implement the software build after technical analysis, only if it meets our requirement. Otherwise, we will send it for modification.”</p> <p>Broker companies will have to open mandatory account with clearing banks to carryout clearing transaction. The clearing bank helps to transfer fund and clear the share transaction through the account. Presently, Global IME Bank is the sole clearing bank in Nepal.</p> <p>The securities trading amount that used to be in the range of Rs 100-200 millions till few years ago are currently totalling in Rs 1-2 billions in the Nepali stock market. </p> ', 'published' => true, 'created' => '2016-07-27', 'modified' => '2016-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '3892', 'image' => '20160727122858_cdsc_demat.jpg', 'article_date' => '2016-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4058', 'article_category_id' => '1', 'title' => 'Gionee F103 Pro Launched in Nepal', 'sub_title' => '', 'summary' => 'July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths. The', 'content' => '<p style="text-align: justify;">July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths. The phone comes with 5.0 inch display with the resolution of 720 x 1280 pixels (294 ppi pixel densities).</p> <p style="text-align: justify;">Powered by 1.3GHz quad-core Media-Tek MT6735 processor, F130 has 13 MP rear camera and 5 MP front camera with flash. Running on Android OS, V6.0 Marshmallow (Amigo 3.2), new Gionee smartphone has 3 GB RAM and 16 GB ROM expandable up to 128 GB with micro SD card. The phone supports dual SIM and has 2400mAh Li-Polymer battery capacity. According to the company, the phone is available in grey, white and gold color.</p> ', 'published' => true, 'created' => '2016-07-27', 'modified' => '2016-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '3891', 'image' => '20160727113128_gionee.jpg', 'article_date' => '2016-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4057', 'article_category_id' => '1', 'title' => 'Lions Club provides Equipment to Gaur Eye Hospital ', 'sub_title' => '', 'summary' => 'July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment amo', 'content' => '<p style="text-align: justify;">July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment amounting to Rs 15 million was provided to the hospital through a program organised in coordination of Chief District Officer Nar Hari Baral. The Chairperson of DIS 325 A2 ex-multiple council Lion Bharat Prasad Dhungel handed over equipment for eye check-up, surgery equipment and 100 KV generators for the hospital. With the joint effort of Dhugel and Lions Club Vision of Rautahat, Lions Club International handed over 12 types of equipments the hospital.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3890', 'image' => '20160726033738_lion.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4056', 'article_category_id' => '1', 'title' => 'JCBs ‘Operator Meet’ at Gorkha', 'sub_title' => '', 'summary' => 'July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on Saturday.', 'content' => '<p style="text-align: justify;">July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on Saturday. According to MAW, the program was organised to train the heavy equipment operators about the ways to use and handle the machines.</p> <p style="text-align: justify;">The program was participated by 49 operators of Gorkha. The engineers and specialists at the program provided information about spare parts and awareness about safety measures to save the machines from damage. “The main objective of the program is to teach operators about the care and repair of the machines,” says Sanjeev Dewja, Marketing Manager of JCB Division, adding, “We are expecting that the program will provide advantage to both operator and owner of the machines.”</p> <p style="text-align: justify;">At the program, the operators were taught to save the machines from damage and measures to be taken if the machine is damaged by any means. Specialists, at the program also informed about the importance of genuine parts in the machine. At the program, health check up of operators was also conducted by doctors.</p> <p style="text-align: justify;">According to the one of the participating operators such program was held for the first time at Gorkha. The operators suggested for the continuity of such programs informing that they are being beneficial with such programs by MAW. MAW had organised similar kind of program at Dhading last month. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3889', 'image' => '20160726012228_jcb.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4055', 'article_category_id' => '1', 'title' => 'Lamichhane Wins ‘Yeti Literature Award-2016’', 'sub_title' => '', 'summary' => 'July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane, ', 'content' => '<p style="text-align: justify;">July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane, Branch Manager of the bank jointly awarded the award. The bank has been honoring Nepali literatures contributing to the society every year.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3888', 'image' => '20160726010441_yeti.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4054', 'article_category_id' => '1', 'title' => 'NLG Bags BPA Award on Insurance Category', 'sub_title' => '', 'summary' => 'July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category. ', 'content' => '<p style="text-align: justify;">July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category. The company had bagged the award last year as well. Last year, the company had received Certificate of Merit for its annual report provided by South Asian Federation of Association (SAFA).</p> <p style="text-align: justify;">Currently, NLG Insurance is providing its services through 29 branches and sub-branches from nearly 244 institutional agents. Presently, the paid-up capital of the company is Rs 40.9 million.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3887', 'image' => '20160726010019_nlg.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4053', 'article_category_id' => '1', 'title' => 'Toyota Spare Parts Outlet in Nayabazaar', 'sub_title' => '', 'summary' => 'July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49 years.', 'content' => '<p style="text-align:justify">July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened a new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49 years.</p> <p style="text-align:justify">According to the company, it has opened the new outlet to provide spare parts of Toyota vehicles to its customers resided in Nayabazaar and surroundings. It has been informed that the showroom offers genuine parts of the vehicles since 1980.</p> <p style="text-align:justify">The showroom has all types of genuine parts, Mobil oil and other accessories of Toyota vehicles. The company informed of building workshop networks along with the opening of spare parts outlet.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3886', 'image' => '20160726125109_toyota.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4052', 'article_category_id' => '1', 'title' => 'Kailash Bank Bags National Best-Presented Annual Report Award', 'sub_title' => '', 'summary' => 'July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three times.', 'content' => '<p style="text-align: justify;">July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three times.</p> <p style="text-align: justify;">According to the bank, it has been providing its services emphasizing institutional good governance, transparency, accountability, sustainable growth and standard customers. Currently, the bank has got the paid up capital of Rs 1.58 billion and collected Rs 15.6 billion deposits extending the loan of Rs 13.50 billion. During this period, the bank has made the operating profit of Rs 440 million.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3885', 'image' => '20160726121704_kailash.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4051', 'article_category_id' => '1', 'title' => 'Agreement between Boom Remit and Mega International', 'sub_title' => '', 'summary' => 'July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July 25.', 'content' => '<p style="text-align: justify;">July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July 25.</p> <p style="text-align: justify;">Dhirendra Panta, Executive Director of Boom Remit and Santosh Adhikari, Chairman of Mega International signed on the agreement on this regard. As per the agreement, money sent from abroad through Mega can be received through 1500 sub agents of Boom. Currently, Mega is doing transactions of remittance from Europe.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3884', 'image' => '20160726120814_remit.JPG', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4050', 'article_category_id' => '1', 'title' => 'Jagadamba Cement's ‘Let’s Make Country Together’ Campaign', 'sub_title' => '', 'summary' => 'July 26: Jagadamba Cement has initiated ' Aaoun sabai mili desh banau' campaign requesting all the Nepali citizens to come forward for the construction of ', 'content' => '<p style="text-align: justify;">July 26: Jagadamba Cement has initiated ' Aaoun Sabai Mili Desh Banau' campaign requesting all the Nepali citizens to come forward for the construction of strong and prosperous nation. According to the company, the overall development of Nepal is possible only through the joint effort of all the Nepali citizens. Thus, it has started the campaign requesting all Nepali citizens to build strong and sustainable nation.</p> <p style="text-align: justify;">The company informs of trying to bind all Nepali with its slogan 'Mero Desh, Mero Jagadamba Cement' since five years. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3883', 'image' => '20160726115141_jagadamba.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4049', 'article_category_id' => '1', 'title' => '16th Installation Ceremony of Rotary club of Kathmandu West', 'sub_title' => '', 'summary' => 'July 26: Rotary club of Kathmandu West has completed its 16th installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16th installation was concluded on the chairmanship of Ambassador of United Arab Emirates (U', 'content' => '<p style="text-align:justify">July 26: Rotary club of Kathmandu West has completed its 16<sup>th</sup> installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16<sup>th</sup> installation was concluded on the chairmanship of Ambassador of United Arab Emirates (UAE), Saeed Hamdan Al Naqei. Speaking at the event, Ambassador Saeed said that his tenure will be successful in maintaining diplomatic relationship between Nepal and UAE. According to the club, for the Rota Year 2016/17 Rajesh Kaji Kaayastha will be serving as President Elect, Suraj Saangache as President Nominee, Digbijay Bista as Club Secretary and Mohan Dhwaj Joshi as a Treasurer. Similarly, Madhu Dhwaj Joshi will be serving as Joint Treasurer, Sarada Bhakta Ranjit as a Service Director, Rupesh Adhikari as a Membership Officer and Rishvaman Pradhan will be serving as a Public Image Director.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3882', 'image' => '20160726113618_rotary.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4048', 'article_category_id' => '1', 'title' => 'Mega Bank Issuing 4:1 Right Shares', 'sub_title' => '', 'summary' => 'July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced a', 'content' => '<p>July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced at Rs 100 which cost Rs 601 in the secondary market at present.</p> <p>The bank informs that the shareholders registered in the book by July 24 can apply for the right shares. Global IME Capital has been appointed as Issue Manager of the bank. Similarly, the bank informs of availability of application forms from all the branches of the Mega Bank.</p> <p>After the issuance of right shares, the bank’s paid-up capital will reach Rs 4.05 billion. The bank is planning to issue bonus shares worth of Rs 56.5 million along with additional 4:1 right shares in the current FY in order to meet paid-up capital set by NRB. The bank is also planning to merge with another financial institution having paid-up capital of Rs 67 million to meet the remaining paid-up capital.</p> <p>The bank has earned Rs 322.8 million net profit by the mid-April of last FY. Similarly, the bank has predicted to earn Rs 891.1 million net profit in the current FY. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3881', 'image' => '20160726112032_mega.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4047', 'article_category_id' => '1', 'title' => 'HBL and SEJON Join Hands for Journalism Fellowship', 'sub_title' => '', 'summary' => 'July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed on the agreement amid a program on July 24. The fellowship will be given in four diffe', 'content' => '<p>July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed MoU amid a program on July 24. The fellowship will be provided in four different categories. As per the agreement, journalists from print and electronic media will get the fellowship. The fellowship will be named HBL SEJON Fellowship amounting Rs 50,000 per category.</p> <p>HBL will provide Rs 200,000 to SEJON for the purpose. Similarly, the bank will also provide Rs 30,000 for operating expenses. The fellowship will begin from this year.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3880', 'image' => '20160725030433_sejon.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4046', 'article_category_id' => '1', 'title' => 'Net Profit of Professional Diyalo Bikash Bank Increase 58 %', 'sub_title' => '', 'summary' => 'July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. ', 'content' => '<p style="text-align: justify;">July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. The increase in the net profit is attributed by 26 percent increments in net interest income and 58 percent increment in operating profit. The 9<sup>th</sup> AGM of the bank held on May has approved 9.25 percent bonus share distribution.</p> <p style="text-align: justify;">Meanwhile, the company has collected Rs 2.01 billion deposit and extended loan of Rs 1.72 billion during the review period. The reserve fund of the bank has increased by 39.31 percent. Interest income of the company has increased by 17.47 percent to Rs 195.1 million and interest expenses have increased by 11.22 percent to Rs 107.8 million.</p> <p style="text-align: justify;">Likewise, employee expenses, total operating income and other operational expenses has increased by 14.40 percent, 30.41 percent and 33.56 percent respectively.</p> <p style="text-align: justify;">The fixed asset has increased by 3.40 percent to Rs 19.1 million and other assets of the company have increased by 10 percent to Rs 20.4 million. The company has 5.74 percent capital fund expenditure and capital fund adequacy of 15 percent. Similarly, CD ratio of the company is 74.15 percent.</p> <p style="text-align: justify;">As per the financial report, the company has liquidity ratio of 30 times, earning per share of Rs 14.7 and P/E ratio of 26 times. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3879', 'image' => '20160725013629_pd.JPG', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4045', 'article_category_id' => '1', 'title' => 'Ncell, DHM Sign Mou to Send SMS Alert on Risks of Flood and Landslides', 'sub_title' => '', 'summary' => 'July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell si', 'content' => '<p>July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell signed a Memorandum of Understanding (MoU) with the Department of Hydrology and Meteorology (DHM) for the early warning/alerts system on July 22.</p> <p> Simon Perkins, managing director of Ncell and Dr. Rishi Ram Sharma, director general of the DHM signed the MoU for collaboration for the early warning. According to the agreement, Ncell will henceforth provide forecasting and early warning information about risks of flood and landslides through mass SMS to the people living in the downstream of West Rapti, Narayani, Kankai and Koshi.<br /> <br /> Under the MoU, depending upon the situation, DHM will provide SMS content to Ncell and the company will send SMS to the people living in those areas. DHM will trigger the messaging based on water level in rivers, following which Ncell will immediately send early warning SMS. The text will be sent from short code number 1155 to the customers living in the disaster prone areas based on the real time situation.<br /> <br /> It is informed that after receiving message about the water level crossing danger level, people can move to government-designated safe locations with their belongings. As soon as water level returns to normal, SMS alert will again be sent to inform them that there is no immediate risk. <br /> <br /> Ncell joined hands with the DHM for the implementation of early warning system as a part of its corporate social responsibility. According to Perkins, the flow of SMS to customers before occurrence of flood and landslide will contribute in saving human lives and reduce loss of property. Similarly, Dr. Sharma, DHM Director General said, “This collaboration with Ncell will help make people living in the risk prone areas to be pre-informed and remain safe. It is a good initiative. We will continue to add more locations in coming days. A total of 42 areas in the downstream of various rivers have been included as disaster prone locations and depending upon the risks of flood and landslides.”</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3878', 'image' => '20160725011405_ncell.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( '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' => '4059', 'article_category_id' => '1', 'title' => 'Groundwork for Appointing Additional Clearing Bank Commences', 'sub_title' => '', 'summary' => 'July 27: With the daily increment of transaction amount in the sole capital market of the country, Central Deposit and Clearing Company (CDSC) has fasten the process of appointing additional clearing bank. Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE) an', 'content' => '<p>July 27: With the daily increment of transaction amount in the sole capital market of the country, Central Deposit Settlement and Clearing Company (CDSC) has fasten the process of appointing additional clearing bank. Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE) and CDSC through correspondence regarding appointment of additional clearing bank. “Securities trading in the market are increasing daily. Additional clearing bank is necessary in order to fasten the clearing process of the stocks without hassles and also to further expand the market,” said Niraj Giri, Spokesperson of SEBON. The board concludes that the progress happening on branch expansion (remote work station) of brokers and significant rise in daily transaction amount in the NEPSE have inadvertently demanded additional clearing bank.</p> <p>SEBON had earlier directed the concerned parties to increase the number of clearing banks to three on April 15, 2015. However, NEPSE ignored the SEBON direction citing satisfactory services of the present clearing bank and pending AMC agreement on purchasing new software including other problems. But now, following the latest reminder of the board, CDSC is preparing to carry out technical analysis in order to add clearing bank. “Subsequent to the technical analysis, modification of present software will be done. For that, Indian software company ‘Tata Consultancy Services’ have been appointed to build software as per the necessity of the Nepali market,” said Dev Prakash Gupta, CEO of CDSC.</p> <p>“Once the software is built, tender call for clearing banks will be made. After the thorough study of financial and technical capacities of the banks interested to work as clearing bank, the bank that gets the responsibility will be decided,” Gupta added. He further said “We are conducting study and analysis in a bid to appoint additional clearing bank ASAP. We cannot point out the date. We will implement the software build after technical analysis, only if it meets our requirement. Otherwise, we will send it for modification.”</p> <p>Broker companies will have to open mandatory account with clearing banks to carryout clearing transaction. The clearing bank helps to transfer fund and clear the share transaction through the account. Presently, Global IME Bank is the sole clearing bank in Nepal.</p> <p>The securities trading amount that used to be in the range of Rs 100-200 millions till few years ago are currently totalling in Rs 1-2 billions in the Nepali stock market. </p> ', 'published' => true, 'created' => '2016-07-27', 'modified' => '2016-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '3892', 'image' => '20160727122858_cdsc_demat.jpg', 'article_date' => '2016-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4058', 'article_category_id' => '1', 'title' => 'Gionee F103 Pro Launched in Nepal', 'sub_title' => '', 'summary' => 'July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths. The', 'content' => '<p style="text-align: justify;">July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths. The phone comes with 5.0 inch display with the resolution of 720 x 1280 pixels (294 ppi pixel densities).</p> <p style="text-align: justify;">Powered by 1.3GHz quad-core Media-Tek MT6735 processor, F130 has 13 MP rear camera and 5 MP front camera with flash. Running on Android OS, V6.0 Marshmallow (Amigo 3.2), new Gionee smartphone has 3 GB RAM and 16 GB ROM expandable up to 128 GB with micro SD card. The phone supports dual SIM and has 2400mAh Li-Polymer battery capacity. According to the company, the phone is available in grey, white and gold color.</p> ', 'published' => true, 'created' => '2016-07-27', 'modified' => '2016-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '3891', 'image' => '20160727113128_gionee.jpg', 'article_date' => '2016-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4057', 'article_category_id' => '1', 'title' => 'Lions Club provides Equipment to Gaur Eye Hospital ', 'sub_title' => '', 'summary' => 'July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment amo', 'content' => '<p style="text-align: justify;">July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment amounting to Rs 15 million was provided to the hospital through a program organised in coordination of Chief District Officer Nar Hari Baral. The Chairperson of DIS 325 A2 ex-multiple council Lion Bharat Prasad Dhungel handed over equipment for eye check-up, surgery equipment and 100 KV generators for the hospital. With the joint effort of Dhugel and Lions Club Vision of Rautahat, Lions Club International handed over 12 types of equipments the hospital.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3890', 'image' => '20160726033738_lion.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4056', 'article_category_id' => '1', 'title' => 'JCBs ‘Operator Meet’ at Gorkha', 'sub_title' => '', 'summary' => 'July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on Saturday.', 'content' => '<p style="text-align: justify;">July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on Saturday. According to MAW, the program was organised to train the heavy equipment operators about the ways to use and handle the machines.</p> <p style="text-align: justify;">The program was participated by 49 operators of Gorkha. The engineers and specialists at the program provided information about spare parts and awareness about safety measures to save the machines from damage. “The main objective of the program is to teach operators about the care and repair of the machines,” says Sanjeev Dewja, Marketing Manager of JCB Division, adding, “We are expecting that the program will provide advantage to both operator and owner of the machines.”</p> <p style="text-align: justify;">At the program, the operators were taught to save the machines from damage and measures to be taken if the machine is damaged by any means. Specialists, at the program also informed about the importance of genuine parts in the machine. At the program, health check up of operators was also conducted by doctors.</p> <p style="text-align: justify;">According to the one of the participating operators such program was held for the first time at Gorkha. The operators suggested for the continuity of such programs informing that they are being beneficial with such programs by MAW. MAW had organised similar kind of program at Dhading last month. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3889', 'image' => '20160726012228_jcb.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4055', 'article_category_id' => '1', 'title' => 'Lamichhane Wins ‘Yeti Literature Award-2016’', 'sub_title' => '', 'summary' => 'July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane, ', 'content' => '<p style="text-align: justify;">July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane, Branch Manager of the bank jointly awarded the award. The bank has been honoring Nepali literatures contributing to the society every year.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3888', 'image' => '20160726010441_yeti.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4054', 'article_category_id' => '1', 'title' => 'NLG Bags BPA Award on Insurance Category', 'sub_title' => '', 'summary' => 'July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category. ', 'content' => '<p style="text-align: justify;">July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category. The company had bagged the award last year as well. Last year, the company had received Certificate of Merit for its annual report provided by South Asian Federation of Association (SAFA).</p> <p style="text-align: justify;">Currently, NLG Insurance is providing its services through 29 branches and sub-branches from nearly 244 institutional agents. Presently, the paid-up capital of the company is Rs 40.9 million.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3887', 'image' => '20160726010019_nlg.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4053', 'article_category_id' => '1', 'title' => 'Toyota Spare Parts Outlet in Nayabazaar', 'sub_title' => '', 'summary' => 'July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49 years.', 'content' => '<p style="text-align:justify">July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened a new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49 years.</p> <p style="text-align:justify">According to the company, it has opened the new outlet to provide spare parts of Toyota vehicles to its customers resided in Nayabazaar and surroundings. It has been informed that the showroom offers genuine parts of the vehicles since 1980.</p> <p style="text-align:justify">The showroom has all types of genuine parts, Mobil oil and other accessories of Toyota vehicles. The company informed of building workshop networks along with the opening of spare parts outlet.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3886', 'image' => '20160726125109_toyota.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4052', 'article_category_id' => '1', 'title' => 'Kailash Bank Bags National Best-Presented Annual Report Award', 'sub_title' => '', 'summary' => 'July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three times.', 'content' => '<p style="text-align: justify;">July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three times.</p> <p style="text-align: justify;">According to the bank, it has been providing its services emphasizing institutional good governance, transparency, accountability, sustainable growth and standard customers. Currently, the bank has got the paid up capital of Rs 1.58 billion and collected Rs 15.6 billion deposits extending the loan of Rs 13.50 billion. During this period, the bank has made the operating profit of Rs 440 million.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3885', 'image' => '20160726121704_kailash.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4051', 'article_category_id' => '1', 'title' => 'Agreement between Boom Remit and Mega International', 'sub_title' => '', 'summary' => 'July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July 25.', 'content' => '<p style="text-align: justify;">July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July 25.</p> <p style="text-align: justify;">Dhirendra Panta, Executive Director of Boom Remit and Santosh Adhikari, Chairman of Mega International signed on the agreement on this regard. As per the agreement, money sent from abroad through Mega can be received through 1500 sub agents of Boom. Currently, Mega is doing transactions of remittance from Europe.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3884', 'image' => '20160726120814_remit.JPG', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4050', 'article_category_id' => '1', 'title' => 'Jagadamba Cement's ‘Let’s Make Country Together’ Campaign', 'sub_title' => '', 'summary' => 'July 26: Jagadamba Cement has initiated ' Aaoun sabai mili desh banau' campaign requesting all the Nepali citizens to come forward for the construction of ', 'content' => '<p style="text-align: justify;">July 26: Jagadamba Cement has initiated ' Aaoun Sabai Mili Desh Banau' campaign requesting all the Nepali citizens to come forward for the construction of strong and prosperous nation. According to the company, the overall development of Nepal is possible only through the joint effort of all the Nepali citizens. Thus, it has started the campaign requesting all Nepali citizens to build strong and sustainable nation.</p> <p style="text-align: justify;">The company informs of trying to bind all Nepali with its slogan 'Mero Desh, Mero Jagadamba Cement' since five years. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3883', 'image' => '20160726115141_jagadamba.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4049', 'article_category_id' => '1', 'title' => '16th Installation Ceremony of Rotary club of Kathmandu West', 'sub_title' => '', 'summary' => 'July 26: Rotary club of Kathmandu West has completed its 16th installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16th installation was concluded on the chairmanship of Ambassador of United Arab Emirates (U', 'content' => '<p style="text-align:justify">July 26: Rotary club of Kathmandu West has completed its 16<sup>th</sup> installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16<sup>th</sup> installation was concluded on the chairmanship of Ambassador of United Arab Emirates (UAE), Saeed Hamdan Al Naqei. Speaking at the event, Ambassador Saeed said that his tenure will be successful in maintaining diplomatic relationship between Nepal and UAE. According to the club, for the Rota Year 2016/17 Rajesh Kaji Kaayastha will be serving as President Elect, Suraj Saangache as President Nominee, Digbijay Bista as Club Secretary and Mohan Dhwaj Joshi as a Treasurer. Similarly, Madhu Dhwaj Joshi will be serving as Joint Treasurer, Sarada Bhakta Ranjit as a Service Director, Rupesh Adhikari as a Membership Officer and Rishvaman Pradhan will be serving as a Public Image Director.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3882', 'image' => '20160726113618_rotary.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4048', 'article_category_id' => '1', 'title' => 'Mega Bank Issuing 4:1 Right Shares', 'sub_title' => '', 'summary' => 'July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced a', 'content' => '<p>July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced at Rs 100 which cost Rs 601 in the secondary market at present.</p> <p>The bank informs that the shareholders registered in the book by July 24 can apply for the right shares. Global IME Capital has been appointed as Issue Manager of the bank. Similarly, the bank informs of availability of application forms from all the branches of the Mega Bank.</p> <p>After the issuance of right shares, the bank’s paid-up capital will reach Rs 4.05 billion. The bank is planning to issue bonus shares worth of Rs 56.5 million along with additional 4:1 right shares in the current FY in order to meet paid-up capital set by NRB. The bank is also planning to merge with another financial institution having paid-up capital of Rs 67 million to meet the remaining paid-up capital.</p> <p>The bank has earned Rs 322.8 million net profit by the mid-April of last FY. Similarly, the bank has predicted to earn Rs 891.1 million net profit in the current FY. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3881', 'image' => '20160726112032_mega.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4047', 'article_category_id' => '1', 'title' => 'HBL and SEJON Join Hands for Journalism Fellowship', 'sub_title' => '', 'summary' => 'July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed on the agreement amid a program on July 24. The fellowship will be given in four diffe', 'content' => '<p>July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed MoU amid a program on July 24. The fellowship will be provided in four different categories. As per the agreement, journalists from print and electronic media will get the fellowship. The fellowship will be named HBL SEJON Fellowship amounting Rs 50,000 per category.</p> <p>HBL will provide Rs 200,000 to SEJON for the purpose. Similarly, the bank will also provide Rs 30,000 for operating expenses. The fellowship will begin from this year.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3880', 'image' => '20160725030433_sejon.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4046', 'article_category_id' => '1', 'title' => 'Net Profit of Professional Diyalo Bikash Bank Increase 58 %', 'sub_title' => '', 'summary' => 'July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. ', 'content' => '<p style="text-align: justify;">July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. The increase in the net profit is attributed by 26 percent increments in net interest income and 58 percent increment in operating profit. The 9<sup>th</sup> AGM of the bank held on May has approved 9.25 percent bonus share distribution.</p> <p style="text-align: justify;">Meanwhile, the company has collected Rs 2.01 billion deposit and extended loan of Rs 1.72 billion during the review period. The reserve fund of the bank has increased by 39.31 percent. Interest income of the company has increased by 17.47 percent to Rs 195.1 million and interest expenses have increased by 11.22 percent to Rs 107.8 million.</p> <p style="text-align: justify;">Likewise, employee expenses, total operating income and other operational expenses has increased by 14.40 percent, 30.41 percent and 33.56 percent respectively.</p> <p style="text-align: justify;">The fixed asset has increased by 3.40 percent to Rs 19.1 million and other assets of the company have increased by 10 percent to Rs 20.4 million. The company has 5.74 percent capital fund expenditure and capital fund adequacy of 15 percent. Similarly, CD ratio of the company is 74.15 percent.</p> <p style="text-align: justify;">As per the financial report, the company has liquidity ratio of 30 times, earning per share of Rs 14.7 and P/E ratio of 26 times. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3879', 'image' => '20160725013629_pd.JPG', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4045', 'article_category_id' => '1', 'title' => 'Ncell, DHM Sign Mou to Send SMS Alert on Risks of Flood and Landslides', 'sub_title' => '', 'summary' => 'July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell si', 'content' => '<p>July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell signed a Memorandum of Understanding (MoU) with the Department of Hydrology and Meteorology (DHM) for the early warning/alerts system on July 22.</p> <p> Simon Perkins, managing director of Ncell and Dr. Rishi Ram Sharma, director general of the DHM signed the MoU for collaboration for the early warning. According to the agreement, Ncell will henceforth provide forecasting and early warning information about risks of flood and landslides through mass SMS to the people living in the downstream of West Rapti, Narayani, Kankai and Koshi.<br /> <br /> Under the MoU, depending upon the situation, DHM will provide SMS content to Ncell and the company will send SMS to the people living in those areas. DHM will trigger the messaging based on water level in rivers, following which Ncell will immediately send early warning SMS. The text will be sent from short code number 1155 to the customers living in the disaster prone areas based on the real time situation.<br /> <br /> It is informed that after receiving message about the water level crossing danger level, people can move to government-designated safe locations with their belongings. As soon as water level returns to normal, SMS alert will again be sent to inform them that there is no immediate risk. <br /> <br /> Ncell joined hands with the DHM for the implementation of early warning system as a part of its corporate social responsibility. According to Perkins, the flow of SMS to customers before occurrence of flood and landslide will contribute in saving human lives and reduce loss of property. Similarly, Dr. Sharma, DHM Director General said, “This collaboration with Ncell will help make people living in the risk prone areas to be pre-informed and remain safe. It is a good initiative. We will continue to add more locations in coming days. A total of 42 areas in the downstream of various rivers have been included as disaster prone locations and depending upon the risks of flood and landslides.”</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3878', 'image' => '20160725011405_ncell.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - 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 "" [APP/View/Elements/side_bar.ctp, line 133]file not found!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' => '4059', 'article_category_id' => '1', 'title' => 'Groundwork for Appointing Additional Clearing Bank Commences', 'sub_title' => '', 'summary' => 'July 27: With the daily increment of transaction amount in the sole capital market of the country, Central Deposit and Clearing Company (CDSC) has fasten the process of appointing additional clearing bank. Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE) an', 'content' => '<p>July 27: With the daily increment of transaction amount in the sole capital market of the country, Central Deposit Settlement and Clearing Company (CDSC) has fasten the process of appointing additional clearing bank. Two weeks earlier, Securities Board of Nepal (SEBON) had reminded Nepal Stock Exchange (NEPSE) and CDSC through correspondence regarding appointment of additional clearing bank. “Securities trading in the market are increasing daily. Additional clearing bank is necessary in order to fasten the clearing process of the stocks without hassles and also to further expand the market,” said Niraj Giri, Spokesperson of SEBON. The board concludes that the progress happening on branch expansion (remote work station) of brokers and significant rise in daily transaction amount in the NEPSE have inadvertently demanded additional clearing bank.</p> <p>SEBON had earlier directed the concerned parties to increase the number of clearing banks to three on April 15, 2015. However, NEPSE ignored the SEBON direction citing satisfactory services of the present clearing bank and pending AMC agreement on purchasing new software including other problems. But now, following the latest reminder of the board, CDSC is preparing to carry out technical analysis in order to add clearing bank. “Subsequent to the technical analysis, modification of present software will be done. For that, Indian software company ‘Tata Consultancy Services’ have been appointed to build software as per the necessity of the Nepali market,” said Dev Prakash Gupta, CEO of CDSC.</p> <p>“Once the software is built, tender call for clearing banks will be made. After the thorough study of financial and technical capacities of the banks interested to work as clearing bank, the bank that gets the responsibility will be decided,” Gupta added. He further said “We are conducting study and analysis in a bid to appoint additional clearing bank ASAP. We cannot point out the date. We will implement the software build after technical analysis, only if it meets our requirement. Otherwise, we will send it for modification.”</p> <p>Broker companies will have to open mandatory account with clearing banks to carryout clearing transaction. The clearing bank helps to transfer fund and clear the share transaction through the account. Presently, Global IME Bank is the sole clearing bank in Nepal.</p> <p>The securities trading amount that used to be in the range of Rs 100-200 millions till few years ago are currently totalling in Rs 1-2 billions in the Nepali stock market. </p> ', 'published' => true, 'created' => '2016-07-27', 'modified' => '2016-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '3892', 'image' => '20160727122858_cdsc_demat.jpg', 'article_date' => '2016-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4058', 'article_category_id' => '1', 'title' => 'Gionee F103 Pro Launched in Nepal', 'sub_title' => '', 'summary' => 'July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths. The', 'content' => '<p style="text-align: justify;">July 27: Gionee F130 pro has been launched in the Nepali market. According to the company, Gionee F130 pro is targeted to selfie loving Nepali youths. The phone comes with 5.0 inch display with the resolution of 720 x 1280 pixels (294 ppi pixel densities).</p> <p style="text-align: justify;">Powered by 1.3GHz quad-core Media-Tek MT6735 processor, F130 has 13 MP rear camera and 5 MP front camera with flash. Running on Android OS, V6.0 Marshmallow (Amigo 3.2), new Gionee smartphone has 3 GB RAM and 16 GB ROM expandable up to 128 GB with micro SD card. The phone supports dual SIM and has 2400mAh Li-Polymer battery capacity. According to the company, the phone is available in grey, white and gold color.</p> ', 'published' => true, 'created' => '2016-07-27', 'modified' => '2016-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '3891', 'image' => '20160727113128_gionee.jpg', 'article_date' => '2016-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4057', 'article_category_id' => '1', 'title' => 'Lions Club provides Equipment to Gaur Eye Hospital ', 'sub_title' => '', 'summary' => 'July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment amo', 'content' => '<p style="text-align: justify;">July 26: The Lions Club International MD 325 had provided equipments to Gaur Eye Hospital for the level up gradation of the hospital. The equipment amounting to Rs 15 million was provided to the hospital through a program organised in coordination of Chief District Officer Nar Hari Baral. The Chairperson of DIS 325 A2 ex-multiple council Lion Bharat Prasad Dhungel handed over equipment for eye check-up, surgery equipment and 100 KV generators for the hospital. With the joint effort of Dhugel and Lions Club Vision of Rautahat, Lions Club International handed over 12 types of equipments the hospital.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3890', 'image' => '20160726033738_lion.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4056', 'article_category_id' => '1', 'title' => 'JCBs ‘Operator Meet’ at Gorkha', 'sub_title' => '', 'summary' => 'July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on Saturday.', 'content' => '<p style="text-align: justify;">July 26: MAW Earthmovers, the authorized seller of JCB construction and heavy equipment for Nepal organised ‘Operator Meet’ at Gorkha on Saturday. According to MAW, the program was organised to train the heavy equipment operators about the ways to use and handle the machines.</p> <p style="text-align: justify;">The program was participated by 49 operators of Gorkha. The engineers and specialists at the program provided information about spare parts and awareness about safety measures to save the machines from damage. “The main objective of the program is to teach operators about the care and repair of the machines,” says Sanjeev Dewja, Marketing Manager of JCB Division, adding, “We are expecting that the program will provide advantage to both operator and owner of the machines.”</p> <p style="text-align: justify;">At the program, the operators were taught to save the machines from damage and measures to be taken if the machine is damaged by any means. Specialists, at the program also informed about the importance of genuine parts in the machine. At the program, health check up of operators was also conducted by doctors.</p> <p style="text-align: justify;">According to the one of the participating operators such program was held for the first time at Gorkha. The operators suggested for the continuity of such programs informing that they are being beneficial with such programs by MAW. MAW had organised similar kind of program at Dhading last month. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3889', 'image' => '20160726012228_jcb.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4055', 'article_category_id' => '1', 'title' => 'Lamichhane Wins ‘Yeti Literature Award-2016’', 'sub_title' => '', 'summary' => 'July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane, ', 'content' => '<p style="text-align: justify;">July 26: Bunu Lamichhane has been awarded with ‘Yeti Literature Award-2016’. The award was established by Yeti Development Bank. The bank handover Rs 15100 worth award to Lamichhane amid a program held on July 23. Dr Ghanshyam Neupane, famous Ghazal writer and Rajesh Lamichhane, Branch Manager of the bank jointly awarded the award. The bank has been honoring Nepali literatures contributing to the society every year.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3888', 'image' => '20160726010441_yeti.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4054', 'article_category_id' => '1', 'title' => 'NLG Bags BPA Award on Insurance Category', 'sub_title' => '', 'summary' => 'July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category. ', 'content' => '<p style="text-align: justify;">July 26: NLG Insurance has bagged 'Best Presented Annual Report (BPA) 2015’ organised by Institute of Chartered Accountant of Nepal on insurance category. The company had bagged the award last year as well. Last year, the company had received Certificate of Merit for its annual report provided by South Asian Federation of Association (SAFA).</p> <p style="text-align: justify;">Currently, NLG Insurance is providing its services through 29 branches and sub-branches from nearly 244 institutional agents. Presently, the paid-up capital of the company is Rs 40.9 million.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3887', 'image' => '20160726010019_nlg.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4053', 'article_category_id' => '1', 'title' => 'Toyota Spare Parts Outlet in Nayabazaar', 'sub_title' => '', 'summary' => 'July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49 years.', 'content' => '<p style="text-align:justify">July 26: United Traders Syndicate (UTS), the authorised distributor of Toyota vehicles for Nepal has opened a new outlet in Nayabazaar, Kathmandu. UTS has been distributing Toyota products in Nepal for past 49 years.</p> <p style="text-align:justify">According to the company, it has opened the new outlet to provide spare parts of Toyota vehicles to its customers resided in Nayabazaar and surroundings. It has been informed that the showroom offers genuine parts of the vehicles since 1980.</p> <p style="text-align:justify">The showroom has all types of genuine parts, Mobil oil and other accessories of Toyota vehicles. The company informed of building workshop networks along with the opening of spare parts outlet.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3886', 'image' => '20160726125109_toyota.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4052', 'article_category_id' => '1', 'title' => 'Kailash Bank Bags National Best-Presented Annual Report Award', 'sub_title' => '', 'summary' => 'July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three times.', 'content' => '<p style="text-align: justify;">July 26: Kailash Bikas Bank (KBB) has bagged National Best-Presented Annual Report Award-2016 provided by Institute of Chartered Accountants of Nepal (ICAN). KBB has received the award for three times.</p> <p style="text-align: justify;">According to the bank, it has been providing its services emphasizing institutional good governance, transparency, accountability, sustainable growth and standard customers. Currently, the bank has got the paid up capital of Rs 1.58 billion and collected Rs 15.6 billion deposits extending the loan of Rs 13.50 billion. During this period, the bank has made the operating profit of Rs 440 million.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3885', 'image' => '20160726121704_kailash.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4051', 'article_category_id' => '1', 'title' => 'Agreement between Boom Remit and Mega International', 'sub_title' => '', 'summary' => 'July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July 25.', 'content' => '<p style="text-align: justify;">July 26: Boom Remittance and Mega International Money Transfer has finalised an agreement regarding the exchange of remittance on July 25.</p> <p style="text-align: justify;">Dhirendra Panta, Executive Director of Boom Remit and Santosh Adhikari, Chairman of Mega International signed on the agreement on this regard. As per the agreement, money sent from abroad through Mega can be received through 1500 sub agents of Boom. Currently, Mega is doing transactions of remittance from Europe.</p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3884', 'image' => '20160726120814_remit.JPG', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4050', 'article_category_id' => '1', 'title' => 'Jagadamba Cement's ‘Let’s Make Country Together’ Campaign', 'sub_title' => '', 'summary' => 'July 26: Jagadamba Cement has initiated ' Aaoun sabai mili desh banau' campaign requesting all the Nepali citizens to come forward for the construction of ', 'content' => '<p style="text-align: justify;">July 26: Jagadamba Cement has initiated ' Aaoun Sabai Mili Desh Banau' campaign requesting all the Nepali citizens to come forward for the construction of strong and prosperous nation. According to the company, the overall development of Nepal is possible only through the joint effort of all the Nepali citizens. Thus, it has started the campaign requesting all Nepali citizens to build strong and sustainable nation.</p> <p style="text-align: justify;">The company informs of trying to bind all Nepali with its slogan 'Mero Desh, Mero Jagadamba Cement' since five years. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3883', 'image' => '20160726115141_jagadamba.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4049', 'article_category_id' => '1', 'title' => '16th Installation Ceremony of Rotary club of Kathmandu West', 'sub_title' => '', 'summary' => 'July 26: Rotary club of Kathmandu West has completed its 16th installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16th installation was concluded on the chairmanship of Ambassador of United Arab Emirates (U', 'content' => '<p style="text-align:justify">July 26: Rotary club of Kathmandu West has completed its 16<sup>th</sup> installation ceremony. Rotary club of Kathmandu West elected Rtn Udaya Gadtaula as the President for the Rota Year 2016/17. The 16<sup>th</sup> installation was concluded on the chairmanship of Ambassador of United Arab Emirates (UAE), Saeed Hamdan Al Naqei. Speaking at the event, Ambassador Saeed said that his tenure will be successful in maintaining diplomatic relationship between Nepal and UAE. According to the club, for the Rota Year 2016/17 Rajesh Kaji Kaayastha will be serving as President Elect, Suraj Saangache as President Nominee, Digbijay Bista as Club Secretary and Mohan Dhwaj Joshi as a Treasurer. Similarly, Madhu Dhwaj Joshi will be serving as Joint Treasurer, Sarada Bhakta Ranjit as a Service Director, Rupesh Adhikari as a Membership Officer and Rishvaman Pradhan will be serving as a Public Image Director.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3882', 'image' => '20160726113618_rotary.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4048', 'article_category_id' => '1', 'title' => 'Mega Bank Issuing 4:1 Right Shares', 'sub_title' => '', 'summary' => 'July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced a', 'content' => '<p>July 26: Mega Bank is issuing 4:1 right shares from August 11 to September 14. The bank is issuing 8.1 million right shares to the existing shareholders priced at Rs 100 which cost Rs 601 in the secondary market at present.</p> <p>The bank informs that the shareholders registered in the book by July 24 can apply for the right shares. Global IME Capital has been appointed as Issue Manager of the bank. Similarly, the bank informs of availability of application forms from all the branches of the Mega Bank.</p> <p>After the issuance of right shares, the bank’s paid-up capital will reach Rs 4.05 billion. The bank is planning to issue bonus shares worth of Rs 56.5 million along with additional 4:1 right shares in the current FY in order to meet paid-up capital set by NRB. The bank is also planning to merge with another financial institution having paid-up capital of Rs 67 million to meet the remaining paid-up capital.</p> <p>The bank has earned Rs 322.8 million net profit by the mid-April of last FY. Similarly, the bank has predicted to earn Rs 891.1 million net profit in the current FY. </p> ', 'published' => true, 'created' => '2016-07-26', 'modified' => '2016-07-26', 'keywords' => '', 'description' => '', 'sortorder' => '3881', 'image' => '20160726112032_mega.jpg', 'article_date' => '2016-07-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4047', 'article_category_id' => '1', 'title' => 'HBL and SEJON Join Hands for Journalism Fellowship', 'sub_title' => '', 'summary' => 'July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed on the agreement amid a program on July 24. The fellowship will be given in four diffe', 'content' => '<p>July 25: Himalayan Bank Limited (HBL) and Society of Economic Journalist Nepal (SEJON) have agreed to establish Journalism Fellowship. Ashok Sumsher JBR, CEO of HBL and Gokarna Awasti, President of SEJON signed MoU amid a program on July 24. The fellowship will be provided in four different categories. As per the agreement, journalists from print and electronic media will get the fellowship. The fellowship will be named HBL SEJON Fellowship amounting Rs 50,000 per category.</p> <p>HBL will provide Rs 200,000 to SEJON for the purpose. Similarly, the bank will also provide Rs 30,000 for operating expenses. The fellowship will begin from this year.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3880', 'image' => '20160725030433_sejon.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4046', 'article_category_id' => '1', 'title' => 'Net Profit of Professional Diyalo Bikash Bank Increase 58 %', 'sub_title' => '', 'summary' => 'July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. ', 'content' => '<p style="text-align: justify;">July 25: According to the financial report of the fourth quarter of the FY 2072/73, the net profit of Professinal Diyalo Bikash Bank has increased by 58.22 percent to Rs 35.3 million. The increase in the net profit is attributed by 26 percent increments in net interest income and 58 percent increment in operating profit. The 9<sup>th</sup> AGM of the bank held on May has approved 9.25 percent bonus share distribution.</p> <p style="text-align: justify;">Meanwhile, the company has collected Rs 2.01 billion deposit and extended loan of Rs 1.72 billion during the review period. The reserve fund of the bank has increased by 39.31 percent. Interest income of the company has increased by 17.47 percent to Rs 195.1 million and interest expenses have increased by 11.22 percent to Rs 107.8 million.</p> <p style="text-align: justify;">Likewise, employee expenses, total operating income and other operational expenses has increased by 14.40 percent, 30.41 percent and 33.56 percent respectively.</p> <p style="text-align: justify;">The fixed asset has increased by 3.40 percent to Rs 19.1 million and other assets of the company have increased by 10 percent to Rs 20.4 million. The company has 5.74 percent capital fund expenditure and capital fund adequacy of 15 percent. Similarly, CD ratio of the company is 74.15 percent.</p> <p style="text-align: justify;">As per the financial report, the company has liquidity ratio of 30 times, earning per share of Rs 14.7 and P/E ratio of 26 times. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3879', 'image' => '20160725013629_pd.JPG', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4045', 'article_category_id' => '1', 'title' => 'Ncell, DHM Sign Mou to Send SMS Alert on Risks of Flood and Landslides', 'sub_title' => '', 'summary' => 'July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell si', 'content' => '<p>July 25: Ncell customers residing in flood and landslides prone areas will now receive early warning alerts of possible flood and landslides in their areas through SMS. Ncell signed a Memorandum of Understanding (MoU) with the Department of Hydrology and Meteorology (DHM) for the early warning/alerts system on July 22.</p> <p> Simon Perkins, managing director of Ncell and Dr. Rishi Ram Sharma, director general of the DHM signed the MoU for collaboration for the early warning. According to the agreement, Ncell will henceforth provide forecasting and early warning information about risks of flood and landslides through mass SMS to the people living in the downstream of West Rapti, Narayani, Kankai and Koshi.<br /> <br /> Under the MoU, depending upon the situation, DHM will provide SMS content to Ncell and the company will send SMS to the people living in those areas. DHM will trigger the messaging based on water level in rivers, following which Ncell will immediately send early warning SMS. The text will be sent from short code number 1155 to the customers living in the disaster prone areas based on the real time situation.<br /> <br /> It is informed that after receiving message about the water level crossing danger level, people can move to government-designated safe locations with their belongings. As soon as water level returns to normal, SMS alert will again be sent to inform them that there is no immediate risk. <br /> <br /> Ncell joined hands with the DHM for the implementation of early warning system as a part of its corporate social responsibility. According to Perkins, the flow of SMS to customers before occurrence of flood and landslide will contribute in saving human lives and reduce loss of property. Similarly, Dr. Sharma, DHM Director General said, “This collaboration with Ncell will help make people living in the risk prone areas to be pre-informed and remain safe. It is a good initiative. We will continue to add more locations in coming days. A total of 42 areas in the downstream of various rivers have been included as disaster prone locations and depending upon the risks of flood and landslides.”</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3878', 'image' => '20160725011405_ncell.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_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
| 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)
| 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
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
