July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent…
July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent…
July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total…
July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on…
July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category.…
July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'.…
July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV…
July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23…
July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50…
July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of…
July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and got selected as national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing…
July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked…
July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE…
July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country. “The…
July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV…
July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4044', 'article_category_id' => '1', 'title' => 'Reserve Fund of Srijana Finance Increase 2 Folds', 'sub_title' => '', 'summary' => 'July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent in', 'content' => '<p style="text-align:justify">July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent increment in net interest income.</p> <p style="text-align:justify">Meanwhile, the company has collected Rs 2.16 billion deposit. It has extended loan of Rs 1.88 billion during the review period. In the previous FY, it had invested Rs 262,000 only which has increased to Rs 41.1 million in the last FY. Similarly, CD ratio of the company is 74.55 percent. Interest income of the company has increased by 51.72 percent to Rs 242.3 million and interest expenses have increased by 22.74 percent to Rs 89.1 million.</p> <p style="text-align:justify">Likewise, employee expenses, total operating income and other operational expenses has increased by 41.77 percent, 60.73 percent and 57.85 percent respectively.</p> <p style="text-align:justify">The fixed asset and other assets of the company have increased by 3 folds. The company has 5.7 percent capital fund expenditure and capital fund adequacy of 20 percent. Also, it has 0.35 percent dormant loans.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3877', 'image' => '20160725010739_srijana.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4043', 'article_category_id' => '1', 'title' => 'Net Profit of Maha Laxmi Finance Increases 18 %', 'sub_title' => '', 'summary' => 'July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total profit.', 'content' => '<p style="text-align: justify;">July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total profit.</p> <p style="text-align: justify;">Meanwhile, the company has collected Rs 5.43 billion deposit. It has extended loan of Rs 4.48 billion during the review period. Interest income of the company has increased by 12.74 percent to Rs 501.4 million and interest expenses have increased by 9.85 percent to Rs 308.2 million. Likewise, employee expenses have decreased by 4.16 percent to Rs 42.5 million. The total operating income and other operational expenses has increased by 18.45 percent and 0.48 percent respectively.</p> <p style="text-align: justify;">The fixed asset of the company has increased by 3.29 percent to Rs 96 million and other assets have increased by 4 percent to Rs 30.5 million. The company has 15 percent capital fund expenditure and capital fund adequacy of 6.43 percent. CD ratio of the company is 74 percent.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3876', 'image' => '20160725120409_ml.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4041', 'article_category_id' => '1', 'title' => 'Malika Vikas Bank Earns Rs 132.1 million Net Profit', 'sub_title' => '', 'summary' => 'July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last', 'content' => '<p style="text-align:justify">July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last May has approved 29.14 percent bonus share and 1.54 percent dividend to its shareholders.</p> <p style="text-align:justify">Similarly, reserve fund of the bank has increased by 23 percent to Rs 188.6 million and investment has increased by 2 folds to Rs 13.4 million. The bank has Rs 3.95 billion deposit collection and it has extended loan of Rs 3.15 billion. Meanwhile, CD ratio of the bank is 70.69 percent. Interest income of the bank has increased by 22.61 percent and interest expenses have increased by 4.38 percent. Likewise, Employee expenses, total operating income and other operational expenses has increased by 9 percent, 39.50 percent and 3 percent respectively. A fixed asset of the bank has decreased by 92 percent and other assets have increased by 4.80 percent. The bank has decreased provision of possible risk by 99 percent to Rs 227,000. The bank has 4.24 percent capital fund expenditure and capital fund adequacy of 13 percent. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3874', 'image' => '20160725114025_malika.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4040', 'article_category_id' => '1', 'title' => 'Standard Chartered Bags ‘Best Consumer Digital Award’', 'sub_title' => '', 'summary' => 'July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category. Th', 'content' => '<p style="text-align: justify;">July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category. The winner of the first round competition under Asia-Pacific region award was announced in New York on July 22. “The name of the winner was selected by the world class jury,” said the bank in a press statement. The responsibility to judge the winner of first round was taken by Global Finance Editors. With this award, Standard Chartered Bank Nepal has won the award for three consecutive years. Similarly, the bank has also bagged ‘Euro Money Award for Excellence-2016’ from Euro Money this year.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3873', 'image' => '20160725112736_st 2.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4039', 'article_category_id' => '1', 'title' => 'Maruti's Monsoon Offer', 'sub_title' => '', 'summary' => 'July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'. ', 'content' => '<p style="text-align: justify;">July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'. According to the scheme, the buyers will get a scratch coupon on purchasing 15 sacks of Maruti cement. The company informed that the prizes can be won based on those coupons. Under the scheme, the coupon holders can win silver coin, mobile phone, shopping voucher and Rs 10, 15, 20 and 25 discounts on each sack of Maruti cement.</p> <p style="text-align: justify;">Similarly, issuing a press statement the company informed that lucky buyer under the scheme will get chance to roll 'Fortune wheel'. Under this, there are various sure shot prizes like TVS Apache RTR 180, Samsung LED TV, IPhone 6 plus, Samsung S7 Edge and air conditioner. Laptop, home theatre, micro wave oven, freezer and other products are also in the list.</p> <p style="text-align: justify;">Likewise, under the scheme, the company introduced 'Royal Enfield Classic 350 Bullet bike' as bumper prize. As per Raju Shrestha, Brand Manager of the company, the scheme is the biggest one of this season which is validated for limited period in Kathmandu.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3872', 'image' => '20160725110740_maruti.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4038', 'article_category_id' => '1', 'title' => 'LG Super UHD TV in Market', 'sub_title' => '', 'summary' => 'July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV brands.', 'content' => '<p style="text-align: justify;">July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV brands.</p> <p style="text-align: justify;">“Super UHD TV has IPS 4K Quantum Display and delivers crystal-clear images with vivid colors,” says the spokesperson of the company, adding, “In addition, you'll get a television with cinema-quality technology that will transform movies, TV shows, documentaries, and streaming content into immersive home entertainment experiences.” </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3871', 'image' => '20160725104514_lg.JPG', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4037', 'article_category_id' => '1', 'title' => 'OBI Mobile Unveiled in Dang', 'sub_title' => '', 'summary' => 'July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23 in', 'content' => '<p>July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23 in Ghorahi. According to Shiva Raj GC, regional Marketing Manager of the company, OBI's F1 and J1 which entered in the Nepali market on June, have been unveiled in Dang. The company has appointed BNB Traders as its authorised distributor in Rapti, following the unveiling of the smart-phones in Dang. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3870', 'image' => '20160725103839_obi.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4036', 'article_category_id' => '1', 'title' => 'IPO of National Microfinance from July 31', 'sub_title' => '', 'summary' => 'July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50 un', 'content' => '<p style="text-align: justify;">July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50 units and maximum of 10,000 units of shares.</p> <p style="text-align: justify;">The company has informed of distributing allocated shares among the mutual funds. The company will close the issuance early in August 3 and delay in August 14. After the issuance, the paid-up capital of the company will totalled Rs 100 million. As per the predicted financial report, the paid-up capital of the company will reach Rs 200 million in FY 2073/74 and Rs 340 million in FY 2074/75.</p> <p style="text-align: justify;">Based on the financial report, the company will issue bonus shares and right shares in order to increase the paid-up capital. The predicted net profit in the FY 2072/73 is apparently Rs 23.2 million. Similarly, the net worth per share is Rs 144.72 in the FY 2072/73. NIBL Capital Market has been appointed as Issue Manager for the issuance. Interested investors can apply for the IPO from various branches of Nepal Investment Bank, National Microfinance Bittiya Sanstha, Gorkhas Finance, Synergy Finance and Sajha Bikas Bank. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3869', 'image' => '20160725103040_nm.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4035', 'article_category_id' => '1', 'title' => 'SEZ Construction at Panchkhal to Begin from Current FY', 'sub_title' => '', 'summary' => 'July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of ', 'content' => '<p style="text-align:justify">July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of SEZ. According to Chandi Prasad Bhatta, Executive Director of the SEZ Development Committee, budget of Rs 46.2 million has been allocated for this project. "The budget will be used to build a boundary wall and other infrastructures. The total cost of the project is expected to be Rs 1.2 billion", he added.</p> <p style="text-align:justify">According to the local residents, the construction of Panchkhal SEZ had been in vain for long time. However, the interaction meeting between SEZ development committee and stakeholders, held last week revived the hope of SEZ construction. Secretary of Ministry of Industry Surya Prasad Silwal, former commerce secretary Purswottam Ojha and Chairman of Dhulikhel Chamber of Commerce and Industry Dil Sundar Shrestha participated in the meeting. The participants requested Executive Director Bhatta to proceed the construction work in a quick pace. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3868', 'image' => '20160724054450_sez-india-1-638.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4034', 'article_category_id' => '1', 'title' => 'Motherland Selected Dabur School’s National Finalist', 'sub_title' => '', 'summary' => 'July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and got selected as national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing wi', 'content' => '<p style="text-align:justify">July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and was selected among the national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing with other regional finalist in the national final that will be held at Kathmandu.</p> <p style="text-align:justify">Students participating in the competition were divided into senior and junior groups and different competition was held in between them. According to Dabur Nepal, Pushpa B.K of Step By Step Higher Secondary School was the winner of extempore. Similarly Soniya Bastola of Gandaki Higher Secondary School won the dance competition and Aasish Rimal of Sainik Awasiya Mahavidyalaya won the Footbal Juggling. Likewise, Namuna Adhikari of Motherland Higher Secondary School was the winner of Three minute two fame and Aasish Kunwar of Shanti Nikunja Higher Secondary School was the winner of score the real goal. With this the Western region final of the competition has been concluded. The company in a press statement said that now the Central Regional final under Central Region will be held at Eastern Region of Kathmandu on August 22.</p> <p style="text-align:justify">In addition, Biswas Poudel and Anuja Gautam of Pokhara were provided the scholarship of Rs 25, 000 each under the scholarship program that was started last year.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3867', 'image' => '20160724044852_dabur nepal.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4033', 'article_category_id' => '1', 'title' => 'RBB's Surkhet Branch Announced Best Across Mid-western Region', 'sub_title' => '', 'summary' => 'July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked ', 'content' => '<p>July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked in first position in term of profit, deposits and loan flow among the branches of Rastriya Banjiya Bank across Mid and Far-Western region.</p> <p>Meanwhile, the Surkhet branch has been successful in earning net profit of Rs 100.47 million during the fiscal year 2072/73. It has collected total deposits of Rs 2.11 billion and loan extension amounted to Rs 1.26 billion."The branch has been providing trade loan, rastra sewak karja, education loan, agriculture, Mahalaxmi home loan, vehicle loan and gold loan," says Hota Ram Yogi Branch Manager,Rastriya Banjiya Bank, Surkhet branch." The branch provides mobile banking facilities and ATM services to its customers under advanced banking services.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3866', 'image' => '20160724032620_rbb.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4032', 'article_category_id' => '1', 'title' => 'Stock Trading Halted in NEPSE ', 'sub_title' => '', 'summary' => 'July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE has', 'content' => '<p>July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE has closed the stock trading. The trading will resumed after the problem is solved.</p> <p>According to NEPSE, stock transaction has been closed in order to maintain the software according to the decreased broker commission.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3865', 'image' => '20160724015146_nepse.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4031', 'article_category_id' => '1', 'title' => 'Mega Bank to Adopt Federal Structure', 'sub_title' => '', 'summary' => 'July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country. “The constitutio', 'content' => '<p style="text-align: justify;">July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country.</p> <p style="text-align: justify;">“The constitution has divided the country into seven states and the bank is planning to conduct its banking activities accordingly,” said Bhoj Bahandur Shah, Chairman of Mega Bank. Similarly, the bank informed that it will emphasize the merger and issue right shares to meet the minimum paid up capital set by Nepal Rastra Bank. The bank had signed MOU with Paschhimanchal Bikas Bank for the merger on April, 2016.</p> <p style="text-align: justify;">According to the Chairman, the bank will concentrate on the initiation of joint investment outside the country, expansion of offices in regional levels and the expansion of banking services in rural areas. “The bank is preparing to issue 25 percent right shares of the total paid up capital,” said Anil Khesari Shah, CEO of the Bank. According to him, the bank has also converted promoter share into general share as per the rule of Nepal Rastra Bank.</p> <p style="text-align: justify;">Mega Bank had collected the deposits of Rs 31 billion and extended the loan of Rs 28 billion. Currently, the bank is providing its services through 44 branches, 45 ATMs and 54 branchless banking services.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3864', 'image' => '20160724013205_mega.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4030', 'article_category_id' => '1', 'title' => 'Cabinet Approves Clean Feed Policy', 'sub_title' => '', 'summary' => 'July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV c', 'content' => '<p style="text-align: justify;">July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV channels immediately due to the lack of required law and structure. The policy will be implemented on monthly paid television channels only. Freely telecasted foreign TV channels are exempted from the policy. In the country, various new channels are telecasted free whereas sports and entertainment channels are required to pay monthly.</p> <p style="text-align: justify;">“Clean feed policy has been implemented in order to end obligation of watching paid advertisement,” said Pushkar Raj Nepal, Under Secretary (Legal) of Information and Communication Ministry. “Task plan in order to formulate required legal structure, rules and regulation has already been submitted. The policy will be implemented within the current year after formulating all mechanisms,” he added.</p> <p style="text-align: justify;">Meanwhile, Advertising Association of Nepal (AAN) has welcomed the government’s decision of implementing clean feed policy. “AAN has been demanding the implementation of the ‘Clean Feed Policy’ since long time. Now that it has been implemented, it has provided relief to Nepali communication medium, advertisement industry, consumers and other stakeholders,” said AAN. AAN explained that foreign TV channels are getting double income through advertisements and monthly pay which was hindering growth of Nepali channels and advertisement industry. AAN claims that free telecasting of foreign advertisements has hampered Nepali advertisement market. The implementation of clean feed policy will block foreign advertisements encouraging Nepali custom in the advertisements. Additionally, it will also increase revenue for the government. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3863', 'image' => '20160724011139_clean feed.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4029', 'article_category_id' => '1', 'title' => 'Toyota's New Outlet in Nayabazaar', 'sub_title' => '', 'summary' => 'July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its customers.', 'content' => '<p style="text-align: justify;">July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its customers.</p> <p style="text-align: justify;">The customers can purchase company's genuine spare parts, Toyota Genuine Motor Oil (TGMO) and Toyota Genuine Accessories (TGA) from the new outlet in a convenient way. The company informed that it is initiating a process of developing network of workshops along with the opening of new outlet. Through the new outlet, the company believes to provide quicker and more effective services to its customers. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3862', 'image' => '20160724112826_toyota.jpg', 'article_date' => '2016-07-24 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' => '4044', 'article_category_id' => '1', 'title' => 'Reserve Fund of Srijana Finance Increase 2 Folds', 'sub_title' => '', 'summary' => 'July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent in', 'content' => '<p style="text-align:justify">July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent increment in net interest income.</p> <p style="text-align:justify">Meanwhile, the company has collected Rs 2.16 billion deposit. It has extended loan of Rs 1.88 billion during the review period. In the previous FY, it had invested Rs 262,000 only which has increased to Rs 41.1 million in the last FY. Similarly, CD ratio of the company is 74.55 percent. Interest income of the company has increased by 51.72 percent to Rs 242.3 million and interest expenses have increased by 22.74 percent to Rs 89.1 million.</p> <p style="text-align:justify">Likewise, employee expenses, total operating income and other operational expenses has increased by 41.77 percent, 60.73 percent and 57.85 percent respectively.</p> <p style="text-align:justify">The fixed asset and other assets of the company have increased by 3 folds. The company has 5.7 percent capital fund expenditure and capital fund adequacy of 20 percent. Also, it has 0.35 percent dormant loans.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3877', 'image' => '20160725010739_srijana.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4043', 'article_category_id' => '1', 'title' => 'Net Profit of Maha Laxmi Finance Increases 18 %', 'sub_title' => '', 'summary' => 'July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total profit.', 'content' => '<p style="text-align: justify;">July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total profit.</p> <p style="text-align: justify;">Meanwhile, the company has collected Rs 5.43 billion deposit. It has extended loan of Rs 4.48 billion during the review period. Interest income of the company has increased by 12.74 percent to Rs 501.4 million and interest expenses have increased by 9.85 percent to Rs 308.2 million. Likewise, employee expenses have decreased by 4.16 percent to Rs 42.5 million. The total operating income and other operational expenses has increased by 18.45 percent and 0.48 percent respectively.</p> <p style="text-align: justify;">The fixed asset of the company has increased by 3.29 percent to Rs 96 million and other assets have increased by 4 percent to Rs 30.5 million. The company has 15 percent capital fund expenditure and capital fund adequacy of 6.43 percent. CD ratio of the company is 74 percent.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3876', 'image' => '20160725120409_ml.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4041', 'article_category_id' => '1', 'title' => 'Malika Vikas Bank Earns Rs 132.1 million Net Profit', 'sub_title' => '', 'summary' => 'July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last', 'content' => '<p style="text-align:justify">July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last May has approved 29.14 percent bonus share and 1.54 percent dividend to its shareholders.</p> <p style="text-align:justify">Similarly, reserve fund of the bank has increased by 23 percent to Rs 188.6 million and investment has increased by 2 folds to Rs 13.4 million. The bank has Rs 3.95 billion deposit collection and it has extended loan of Rs 3.15 billion. Meanwhile, CD ratio of the bank is 70.69 percent. Interest income of the bank has increased by 22.61 percent and interest expenses have increased by 4.38 percent. Likewise, Employee expenses, total operating income and other operational expenses has increased by 9 percent, 39.50 percent and 3 percent respectively. A fixed asset of the bank has decreased by 92 percent and other assets have increased by 4.80 percent. The bank has decreased provision of possible risk by 99 percent to Rs 227,000. The bank has 4.24 percent capital fund expenditure and capital fund adequacy of 13 percent. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3874', 'image' => '20160725114025_malika.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4040', 'article_category_id' => '1', 'title' => 'Standard Chartered Bags ‘Best Consumer Digital Award’', 'sub_title' => '', 'summary' => 'July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category. Th', 'content' => '<p style="text-align: justify;">July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category. The winner of the first round competition under Asia-Pacific region award was announced in New York on July 22. “The name of the winner was selected by the world class jury,” said the bank in a press statement. The responsibility to judge the winner of first round was taken by Global Finance Editors. With this award, Standard Chartered Bank Nepal has won the award for three consecutive years. Similarly, the bank has also bagged ‘Euro Money Award for Excellence-2016’ from Euro Money this year.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3873', 'image' => '20160725112736_st 2.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4039', 'article_category_id' => '1', 'title' => 'Maruti's Monsoon Offer', 'sub_title' => '', 'summary' => 'July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'. ', 'content' => '<p style="text-align: justify;">July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'. According to the scheme, the buyers will get a scratch coupon on purchasing 15 sacks of Maruti cement. The company informed that the prizes can be won based on those coupons. Under the scheme, the coupon holders can win silver coin, mobile phone, shopping voucher and Rs 10, 15, 20 and 25 discounts on each sack of Maruti cement.</p> <p style="text-align: justify;">Similarly, issuing a press statement the company informed that lucky buyer under the scheme will get chance to roll 'Fortune wheel'. Under this, there are various sure shot prizes like TVS Apache RTR 180, Samsung LED TV, IPhone 6 plus, Samsung S7 Edge and air conditioner. Laptop, home theatre, micro wave oven, freezer and other products are also in the list.</p> <p style="text-align: justify;">Likewise, under the scheme, the company introduced 'Royal Enfield Classic 350 Bullet bike' as bumper prize. As per Raju Shrestha, Brand Manager of the company, the scheme is the biggest one of this season which is validated for limited period in Kathmandu.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3872', 'image' => '20160725110740_maruti.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4038', 'article_category_id' => '1', 'title' => 'LG Super UHD TV in Market', 'sub_title' => '', 'summary' => 'July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV brands.', 'content' => '<p style="text-align: justify;">July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV brands.</p> <p style="text-align: justify;">“Super UHD TV has IPS 4K Quantum Display and delivers crystal-clear images with vivid colors,” says the spokesperson of the company, adding, “In addition, you'll get a television with cinema-quality technology that will transform movies, TV shows, documentaries, and streaming content into immersive home entertainment experiences.” </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3871', 'image' => '20160725104514_lg.JPG', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4037', 'article_category_id' => '1', 'title' => 'OBI Mobile Unveiled in Dang', 'sub_title' => '', 'summary' => 'July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23 in', 'content' => '<p>July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23 in Ghorahi. According to Shiva Raj GC, regional Marketing Manager of the company, OBI's F1 and J1 which entered in the Nepali market on June, have been unveiled in Dang. The company has appointed BNB Traders as its authorised distributor in Rapti, following the unveiling of the smart-phones in Dang. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3870', 'image' => '20160725103839_obi.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4036', 'article_category_id' => '1', 'title' => 'IPO of National Microfinance from July 31', 'sub_title' => '', 'summary' => 'July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50 un', 'content' => '<p style="text-align: justify;">July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50 units and maximum of 10,000 units of shares.</p> <p style="text-align: justify;">The company has informed of distributing allocated shares among the mutual funds. The company will close the issuance early in August 3 and delay in August 14. After the issuance, the paid-up capital of the company will totalled Rs 100 million. As per the predicted financial report, the paid-up capital of the company will reach Rs 200 million in FY 2073/74 and Rs 340 million in FY 2074/75.</p> <p style="text-align: justify;">Based on the financial report, the company will issue bonus shares and right shares in order to increase the paid-up capital. The predicted net profit in the FY 2072/73 is apparently Rs 23.2 million. Similarly, the net worth per share is Rs 144.72 in the FY 2072/73. NIBL Capital Market has been appointed as Issue Manager for the issuance. Interested investors can apply for the IPO from various branches of Nepal Investment Bank, National Microfinance Bittiya Sanstha, Gorkhas Finance, Synergy Finance and Sajha Bikas Bank. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3869', 'image' => '20160725103040_nm.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4035', 'article_category_id' => '1', 'title' => 'SEZ Construction at Panchkhal to Begin from Current FY', 'sub_title' => '', 'summary' => 'July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of ', 'content' => '<p style="text-align:justify">July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of SEZ. According to Chandi Prasad Bhatta, Executive Director of the SEZ Development Committee, budget of Rs 46.2 million has been allocated for this project. "The budget will be used to build a boundary wall and other infrastructures. The total cost of the project is expected to be Rs 1.2 billion", he added.</p> <p style="text-align:justify">According to the local residents, the construction of Panchkhal SEZ had been in vain for long time. However, the interaction meeting between SEZ development committee and stakeholders, held last week revived the hope of SEZ construction. Secretary of Ministry of Industry Surya Prasad Silwal, former commerce secretary Purswottam Ojha and Chairman of Dhulikhel Chamber of Commerce and Industry Dil Sundar Shrestha participated in the meeting. The participants requested Executive Director Bhatta to proceed the construction work in a quick pace. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3868', 'image' => '20160724054450_sez-india-1-638.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4034', 'article_category_id' => '1', 'title' => 'Motherland Selected Dabur School’s National Finalist', 'sub_title' => '', 'summary' => 'July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and got selected as national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing wi', 'content' => '<p style="text-align:justify">July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and was selected among the national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing with other regional finalist in the national final that will be held at Kathmandu.</p> <p style="text-align:justify">Students participating in the competition were divided into senior and junior groups and different competition was held in between them. According to Dabur Nepal, Pushpa B.K of Step By Step Higher Secondary School was the winner of extempore. Similarly Soniya Bastola of Gandaki Higher Secondary School won the dance competition and Aasish Rimal of Sainik Awasiya Mahavidyalaya won the Footbal Juggling. Likewise, Namuna Adhikari of Motherland Higher Secondary School was the winner of Three minute two fame and Aasish Kunwar of Shanti Nikunja Higher Secondary School was the winner of score the real goal. With this the Western region final of the competition has been concluded. The company in a press statement said that now the Central Regional final under Central Region will be held at Eastern Region of Kathmandu on August 22.</p> <p style="text-align:justify">In addition, Biswas Poudel and Anuja Gautam of Pokhara were provided the scholarship of Rs 25, 000 each under the scholarship program that was started last year.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3867', 'image' => '20160724044852_dabur nepal.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4033', 'article_category_id' => '1', 'title' => 'RBB's Surkhet Branch Announced Best Across Mid-western Region', 'sub_title' => '', 'summary' => 'July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked ', 'content' => '<p>July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked in first position in term of profit, deposits and loan flow among the branches of Rastriya Banjiya Bank across Mid and Far-Western region.</p> <p>Meanwhile, the Surkhet branch has been successful in earning net profit of Rs 100.47 million during the fiscal year 2072/73. It has collected total deposits of Rs 2.11 billion and loan extension amounted to Rs 1.26 billion."The branch has been providing trade loan, rastra sewak karja, education loan, agriculture, Mahalaxmi home loan, vehicle loan and gold loan," says Hota Ram Yogi Branch Manager,Rastriya Banjiya Bank, Surkhet branch." The branch provides mobile banking facilities and ATM services to its customers under advanced banking services.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3866', 'image' => '20160724032620_rbb.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4032', 'article_category_id' => '1', 'title' => 'Stock Trading Halted in NEPSE ', 'sub_title' => '', 'summary' => 'July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE has', 'content' => '<p>July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE has closed the stock trading. The trading will resumed after the problem is solved.</p> <p>According to NEPSE, stock transaction has been closed in order to maintain the software according to the decreased broker commission.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3865', 'image' => '20160724015146_nepse.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4031', 'article_category_id' => '1', 'title' => 'Mega Bank to Adopt Federal Structure', 'sub_title' => '', 'summary' => 'July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country. “The constitutio', 'content' => '<p style="text-align: justify;">July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country.</p> <p style="text-align: justify;">“The constitution has divided the country into seven states and the bank is planning to conduct its banking activities accordingly,” said Bhoj Bahandur Shah, Chairman of Mega Bank. Similarly, the bank informed that it will emphasize the merger and issue right shares to meet the minimum paid up capital set by Nepal Rastra Bank. The bank had signed MOU with Paschhimanchal Bikas Bank for the merger on April, 2016.</p> <p style="text-align: justify;">According to the Chairman, the bank will concentrate on the initiation of joint investment outside the country, expansion of offices in regional levels and the expansion of banking services in rural areas. “The bank is preparing to issue 25 percent right shares of the total paid up capital,” said Anil Khesari Shah, CEO of the Bank. According to him, the bank has also converted promoter share into general share as per the rule of Nepal Rastra Bank.</p> <p style="text-align: justify;">Mega Bank had collected the deposits of Rs 31 billion and extended the loan of Rs 28 billion. Currently, the bank is providing its services through 44 branches, 45 ATMs and 54 branchless banking services.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3864', 'image' => '20160724013205_mega.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4030', 'article_category_id' => '1', 'title' => 'Cabinet Approves Clean Feed Policy', 'sub_title' => '', 'summary' => 'July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV c', 'content' => '<p style="text-align: justify;">July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV channels immediately due to the lack of required law and structure. The policy will be implemented on monthly paid television channels only. Freely telecasted foreign TV channels are exempted from the policy. In the country, various new channels are telecasted free whereas sports and entertainment channels are required to pay monthly.</p> <p style="text-align: justify;">“Clean feed policy has been implemented in order to end obligation of watching paid advertisement,” said Pushkar Raj Nepal, Under Secretary (Legal) of Information and Communication Ministry. “Task plan in order to formulate required legal structure, rules and regulation has already been submitted. The policy will be implemented within the current year after formulating all mechanisms,” he added.</p> <p style="text-align: justify;">Meanwhile, Advertising Association of Nepal (AAN) has welcomed the government’s decision of implementing clean feed policy. “AAN has been demanding the implementation of the ‘Clean Feed Policy’ since long time. Now that it has been implemented, it has provided relief to Nepali communication medium, advertisement industry, consumers and other stakeholders,” said AAN. AAN explained that foreign TV channels are getting double income through advertisements and monthly pay which was hindering growth of Nepali channels and advertisement industry. AAN claims that free telecasting of foreign advertisements has hampered Nepali advertisement market. The implementation of clean feed policy will block foreign advertisements encouraging Nepali custom in the advertisements. Additionally, it will also increase revenue for the government. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3863', 'image' => '20160724011139_clean feed.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4029', 'article_category_id' => '1', 'title' => 'Toyota's New Outlet in Nayabazaar', 'sub_title' => '', 'summary' => 'July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its customers.', 'content' => '<p style="text-align: justify;">July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its customers.</p> <p style="text-align: justify;">The customers can purchase company's genuine spare parts, Toyota Genuine Motor Oil (TGMO) and Toyota Genuine Accessories (TGA) from the new outlet in a convenient way. The company informed that it is initiating a process of developing network of workshops along with the opening of new outlet. Through the new outlet, the company believes to provide quicker and more effective services to its customers. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3862', 'image' => '20160724112826_toyota.jpg', 'article_date' => '2016-07-24 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' => '4044', 'article_category_id' => '1', 'title' => 'Reserve Fund of Srijana Finance Increase 2 Folds', 'sub_title' => '', 'summary' => 'July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent in', 'content' => '<p style="text-align:justify">July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent increment in net interest income.</p> <p style="text-align:justify">Meanwhile, the company has collected Rs 2.16 billion deposit. It has extended loan of Rs 1.88 billion during the review period. In the previous FY, it had invested Rs 262,000 only which has increased to Rs 41.1 million in the last FY. Similarly, CD ratio of the company is 74.55 percent. Interest income of the company has increased by 51.72 percent to Rs 242.3 million and interest expenses have increased by 22.74 percent to Rs 89.1 million.</p> <p style="text-align:justify">Likewise, employee expenses, total operating income and other operational expenses has increased by 41.77 percent, 60.73 percent and 57.85 percent respectively.</p> <p style="text-align:justify">The fixed asset and other assets of the company have increased by 3 folds. The company has 5.7 percent capital fund expenditure and capital fund adequacy of 20 percent. Also, it has 0.35 percent dormant loans.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3877', 'image' => '20160725010739_srijana.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4043', 'article_category_id' => '1', 'title' => 'Net Profit of Maha Laxmi Finance Increases 18 %', 'sub_title' => '', 'summary' => 'July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total profit.', 'content' => '<p style="text-align: justify;">July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total profit.</p> <p style="text-align: justify;">Meanwhile, the company has collected Rs 5.43 billion deposit. It has extended loan of Rs 4.48 billion during the review period. Interest income of the company has increased by 12.74 percent to Rs 501.4 million and interest expenses have increased by 9.85 percent to Rs 308.2 million. Likewise, employee expenses have decreased by 4.16 percent to Rs 42.5 million. The total operating income and other operational expenses has increased by 18.45 percent and 0.48 percent respectively.</p> <p style="text-align: justify;">The fixed asset of the company has increased by 3.29 percent to Rs 96 million and other assets have increased by 4 percent to Rs 30.5 million. The company has 15 percent capital fund expenditure and capital fund adequacy of 6.43 percent. CD ratio of the company is 74 percent.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3876', 'image' => '20160725120409_ml.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4041', 'article_category_id' => '1', 'title' => 'Malika Vikas Bank Earns Rs 132.1 million Net Profit', 'sub_title' => '', 'summary' => 'July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last', 'content' => '<p style="text-align:justify">July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last May has approved 29.14 percent bonus share and 1.54 percent dividend to its shareholders.</p> <p style="text-align:justify">Similarly, reserve fund of the bank has increased by 23 percent to Rs 188.6 million and investment has increased by 2 folds to Rs 13.4 million. The bank has Rs 3.95 billion deposit collection and it has extended loan of Rs 3.15 billion. Meanwhile, CD ratio of the bank is 70.69 percent. Interest income of the bank has increased by 22.61 percent and interest expenses have increased by 4.38 percent. Likewise, Employee expenses, total operating income and other operational expenses has increased by 9 percent, 39.50 percent and 3 percent respectively. A fixed asset of the bank has decreased by 92 percent and other assets have increased by 4.80 percent. The bank has decreased provision of possible risk by 99 percent to Rs 227,000. The bank has 4.24 percent capital fund expenditure and capital fund adequacy of 13 percent. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3874', 'image' => '20160725114025_malika.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4040', 'article_category_id' => '1', 'title' => 'Standard Chartered Bags ‘Best Consumer Digital Award’', 'sub_title' => '', 'summary' => 'July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category. Th', 'content' => '<p style="text-align: justify;">July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category. The winner of the first round competition under Asia-Pacific region award was announced in New York on July 22. “The name of the winner was selected by the world class jury,” said the bank in a press statement. The responsibility to judge the winner of first round was taken by Global Finance Editors. With this award, Standard Chartered Bank Nepal has won the award for three consecutive years. Similarly, the bank has also bagged ‘Euro Money Award for Excellence-2016’ from Euro Money this year.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3873', 'image' => '20160725112736_st 2.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4039', 'article_category_id' => '1', 'title' => 'Maruti's Monsoon Offer', 'sub_title' => '', 'summary' => 'July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'. ', 'content' => '<p style="text-align: justify;">July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'. According to the scheme, the buyers will get a scratch coupon on purchasing 15 sacks of Maruti cement. The company informed that the prizes can be won based on those coupons. Under the scheme, the coupon holders can win silver coin, mobile phone, shopping voucher and Rs 10, 15, 20 and 25 discounts on each sack of Maruti cement.</p> <p style="text-align: justify;">Similarly, issuing a press statement the company informed that lucky buyer under the scheme will get chance to roll 'Fortune wheel'. Under this, there are various sure shot prizes like TVS Apache RTR 180, Samsung LED TV, IPhone 6 plus, Samsung S7 Edge and air conditioner. Laptop, home theatre, micro wave oven, freezer and other products are also in the list.</p> <p style="text-align: justify;">Likewise, under the scheme, the company introduced 'Royal Enfield Classic 350 Bullet bike' as bumper prize. As per Raju Shrestha, Brand Manager of the company, the scheme is the biggest one of this season which is validated for limited period in Kathmandu.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3872', 'image' => '20160725110740_maruti.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4038', 'article_category_id' => '1', 'title' => 'LG Super UHD TV in Market', 'sub_title' => '', 'summary' => 'July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV brands.', 'content' => '<p style="text-align: justify;">July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV brands.</p> <p style="text-align: justify;">“Super UHD TV has IPS 4K Quantum Display and delivers crystal-clear images with vivid colors,” says the spokesperson of the company, adding, “In addition, you'll get a television with cinema-quality technology that will transform movies, TV shows, documentaries, and streaming content into immersive home entertainment experiences.” </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3871', 'image' => '20160725104514_lg.JPG', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4037', 'article_category_id' => '1', 'title' => 'OBI Mobile Unveiled in Dang', 'sub_title' => '', 'summary' => 'July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23 in', 'content' => '<p>July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23 in Ghorahi. According to Shiva Raj GC, regional Marketing Manager of the company, OBI's F1 and J1 which entered in the Nepali market on June, have been unveiled in Dang. The company has appointed BNB Traders as its authorised distributor in Rapti, following the unveiling of the smart-phones in Dang. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3870', 'image' => '20160725103839_obi.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4036', 'article_category_id' => '1', 'title' => 'IPO of National Microfinance from July 31', 'sub_title' => '', 'summary' => 'July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50 un', 'content' => '<p style="text-align: justify;">July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50 units and maximum of 10,000 units of shares.</p> <p style="text-align: justify;">The company has informed of distributing allocated shares among the mutual funds. The company will close the issuance early in August 3 and delay in August 14. After the issuance, the paid-up capital of the company will totalled Rs 100 million. As per the predicted financial report, the paid-up capital of the company will reach Rs 200 million in FY 2073/74 and Rs 340 million in FY 2074/75.</p> <p style="text-align: justify;">Based on the financial report, the company will issue bonus shares and right shares in order to increase the paid-up capital. The predicted net profit in the FY 2072/73 is apparently Rs 23.2 million. Similarly, the net worth per share is Rs 144.72 in the FY 2072/73. NIBL Capital Market has been appointed as Issue Manager for the issuance. Interested investors can apply for the IPO from various branches of Nepal Investment Bank, National Microfinance Bittiya Sanstha, Gorkhas Finance, Synergy Finance and Sajha Bikas Bank. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3869', 'image' => '20160725103040_nm.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4035', 'article_category_id' => '1', 'title' => 'SEZ Construction at Panchkhal to Begin from Current FY', 'sub_title' => '', 'summary' => 'July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of ', 'content' => '<p style="text-align:justify">July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of SEZ. According to Chandi Prasad Bhatta, Executive Director of the SEZ Development Committee, budget of Rs 46.2 million has been allocated for this project. "The budget will be used to build a boundary wall and other infrastructures. The total cost of the project is expected to be Rs 1.2 billion", he added.</p> <p style="text-align:justify">According to the local residents, the construction of Panchkhal SEZ had been in vain for long time. However, the interaction meeting between SEZ development committee and stakeholders, held last week revived the hope of SEZ construction. Secretary of Ministry of Industry Surya Prasad Silwal, former commerce secretary Purswottam Ojha and Chairman of Dhulikhel Chamber of Commerce and Industry Dil Sundar Shrestha participated in the meeting. The participants requested Executive Director Bhatta to proceed the construction work in a quick pace. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3868', 'image' => '20160724054450_sez-india-1-638.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4034', 'article_category_id' => '1', 'title' => 'Motherland Selected Dabur School’s National Finalist', 'sub_title' => '', 'summary' => 'July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and got selected as national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing wi', 'content' => '<p style="text-align:justify">July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and was selected among the national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing with other regional finalist in the national final that will be held at Kathmandu.</p> <p style="text-align:justify">Students participating in the competition were divided into senior and junior groups and different competition was held in between them. According to Dabur Nepal, Pushpa B.K of Step By Step Higher Secondary School was the winner of extempore. Similarly Soniya Bastola of Gandaki Higher Secondary School won the dance competition and Aasish Rimal of Sainik Awasiya Mahavidyalaya won the Footbal Juggling. Likewise, Namuna Adhikari of Motherland Higher Secondary School was the winner of Three minute two fame and Aasish Kunwar of Shanti Nikunja Higher Secondary School was the winner of score the real goal. With this the Western region final of the competition has been concluded. The company in a press statement said that now the Central Regional final under Central Region will be held at Eastern Region of Kathmandu on August 22.</p> <p style="text-align:justify">In addition, Biswas Poudel and Anuja Gautam of Pokhara were provided the scholarship of Rs 25, 000 each under the scholarship program that was started last year.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3867', 'image' => '20160724044852_dabur nepal.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4033', 'article_category_id' => '1', 'title' => 'RBB's Surkhet Branch Announced Best Across Mid-western Region', 'sub_title' => '', 'summary' => 'July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked ', 'content' => '<p>July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked in first position in term of profit, deposits and loan flow among the branches of Rastriya Banjiya Bank across Mid and Far-Western region.</p> <p>Meanwhile, the Surkhet branch has been successful in earning net profit of Rs 100.47 million during the fiscal year 2072/73. It has collected total deposits of Rs 2.11 billion and loan extension amounted to Rs 1.26 billion."The branch has been providing trade loan, rastra sewak karja, education loan, agriculture, Mahalaxmi home loan, vehicle loan and gold loan," says Hota Ram Yogi Branch Manager,Rastriya Banjiya Bank, Surkhet branch." The branch provides mobile banking facilities and ATM services to its customers under advanced banking services.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3866', 'image' => '20160724032620_rbb.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4032', 'article_category_id' => '1', 'title' => 'Stock Trading Halted in NEPSE ', 'sub_title' => '', 'summary' => 'July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE has', 'content' => '<p>July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE has closed the stock trading. The trading will resumed after the problem is solved.</p> <p>According to NEPSE, stock transaction has been closed in order to maintain the software according to the decreased broker commission.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3865', 'image' => '20160724015146_nepse.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4031', 'article_category_id' => '1', 'title' => 'Mega Bank to Adopt Federal Structure', 'sub_title' => '', 'summary' => 'July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country. “The constitutio', 'content' => '<p style="text-align: justify;">July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country.</p> <p style="text-align: justify;">“The constitution has divided the country into seven states and the bank is planning to conduct its banking activities accordingly,” said Bhoj Bahandur Shah, Chairman of Mega Bank. Similarly, the bank informed that it will emphasize the merger and issue right shares to meet the minimum paid up capital set by Nepal Rastra Bank. The bank had signed MOU with Paschhimanchal Bikas Bank for the merger on April, 2016.</p> <p style="text-align: justify;">According to the Chairman, the bank will concentrate on the initiation of joint investment outside the country, expansion of offices in regional levels and the expansion of banking services in rural areas. “The bank is preparing to issue 25 percent right shares of the total paid up capital,” said Anil Khesari Shah, CEO of the Bank. According to him, the bank has also converted promoter share into general share as per the rule of Nepal Rastra Bank.</p> <p style="text-align: justify;">Mega Bank had collected the deposits of Rs 31 billion and extended the loan of Rs 28 billion. Currently, the bank is providing its services through 44 branches, 45 ATMs and 54 branchless banking services.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3864', 'image' => '20160724013205_mega.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4030', 'article_category_id' => '1', 'title' => 'Cabinet Approves Clean Feed Policy', 'sub_title' => '', 'summary' => 'July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV c', 'content' => '<p style="text-align: justify;">July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV channels immediately due to the lack of required law and structure. The policy will be implemented on monthly paid television channels only. Freely telecasted foreign TV channels are exempted from the policy. In the country, various new channels are telecasted free whereas sports and entertainment channels are required to pay monthly.</p> <p style="text-align: justify;">“Clean feed policy has been implemented in order to end obligation of watching paid advertisement,” said Pushkar Raj Nepal, Under Secretary (Legal) of Information and Communication Ministry. “Task plan in order to formulate required legal structure, rules and regulation has already been submitted. The policy will be implemented within the current year after formulating all mechanisms,” he added.</p> <p style="text-align: justify;">Meanwhile, Advertising Association of Nepal (AAN) has welcomed the government’s decision of implementing clean feed policy. “AAN has been demanding the implementation of the ‘Clean Feed Policy’ since long time. Now that it has been implemented, it has provided relief to Nepali communication medium, advertisement industry, consumers and other stakeholders,” said AAN. AAN explained that foreign TV channels are getting double income through advertisements and monthly pay which was hindering growth of Nepali channels and advertisement industry. AAN claims that free telecasting of foreign advertisements has hampered Nepali advertisement market. The implementation of clean feed policy will block foreign advertisements encouraging Nepali custom in the advertisements. Additionally, it will also increase revenue for the government. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3863', 'image' => '20160724011139_clean feed.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4029', 'article_category_id' => '1', 'title' => 'Toyota's New Outlet in Nayabazaar', 'sub_title' => '', 'summary' => 'July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its customers.', 'content' => '<p style="text-align: justify;">July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its customers.</p> <p style="text-align: justify;">The customers can purchase company's genuine spare parts, Toyota Genuine Motor Oil (TGMO) and Toyota Genuine Accessories (TGA) from the new outlet in a convenient way. The company informed that it is initiating a process of developing network of workshops along with the opening of new outlet. Through the new outlet, the company believes to provide quicker and more effective services to its customers. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3862', 'image' => '20160724112826_toyota.jpg', 'article_date' => '2016-07-24 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' => '4044', 'article_category_id' => '1', 'title' => 'Reserve Fund of Srijana Finance Increase 2 Folds', 'sub_title' => '', 'summary' => 'July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent in', 'content' => '<p style="text-align:justify">July 25: The reserve fund of Srijana Finance in the fourth quarter of the FY 2072/73 has increased by 2 folds to Rs 150.8 million. The 2 fold increase in the net profit is attributed by 2 fold increments in total operating profit and 76 percent increment in net interest income.</p> <p style="text-align:justify">Meanwhile, the company has collected Rs 2.16 billion deposit. It has extended loan of Rs 1.88 billion during the review period. In the previous FY, it had invested Rs 262,000 only which has increased to Rs 41.1 million in the last FY. Similarly, CD ratio of the company is 74.55 percent. Interest income of the company has increased by 51.72 percent to Rs 242.3 million and interest expenses have increased by 22.74 percent to Rs 89.1 million.</p> <p style="text-align:justify">Likewise, employee expenses, total operating income and other operational expenses has increased by 41.77 percent, 60.73 percent and 57.85 percent respectively.</p> <p style="text-align:justify">The fixed asset and other assets of the company have increased by 3 folds. The company has 5.7 percent capital fund expenditure and capital fund adequacy of 20 percent. Also, it has 0.35 percent dormant loans.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3877', 'image' => '20160725010739_srijana.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4043', 'article_category_id' => '1', 'title' => 'Net Profit of Maha Laxmi Finance Increases 18 %', 'sub_title' => '', 'summary' => 'July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total profit.', 'content' => '<p style="text-align: justify;">July 25: According to the fourth quarter financial report of the FY 2072/73, the net profit of Maha Laxmi Finance has increased by 17.92 percent to Rs 102.6 million. The increase in the net profit is attributed by 17 percent increment in total interest income and 37 percent increment in total profit.</p> <p style="text-align: justify;">Meanwhile, the company has collected Rs 5.43 billion deposit. It has extended loan of Rs 4.48 billion during the review period. Interest income of the company has increased by 12.74 percent to Rs 501.4 million and interest expenses have increased by 9.85 percent to Rs 308.2 million. Likewise, employee expenses have decreased by 4.16 percent to Rs 42.5 million. The total operating income and other operational expenses has increased by 18.45 percent and 0.48 percent respectively.</p> <p style="text-align: justify;">The fixed asset of the company has increased by 3.29 percent to Rs 96 million and other assets have increased by 4 percent to Rs 30.5 million. The company has 15 percent capital fund expenditure and capital fund adequacy of 6.43 percent. CD ratio of the company is 74 percent.</p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3876', 'image' => '20160725120409_ml.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4041', 'article_category_id' => '1', 'title' => 'Malika Vikas Bank Earns Rs 132.1 million Net Profit', 'sub_title' => '', 'summary' => 'July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last', 'content' => '<p style="text-align:justify">July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last May has approved 29.14 percent bonus share and 1.54 percent dividend to its shareholders.</p> <p style="text-align:justify">Similarly, reserve fund of the bank has increased by 23 percent to Rs 188.6 million and investment has increased by 2 folds to Rs 13.4 million. The bank has Rs 3.95 billion deposit collection and it has extended loan of Rs 3.15 billion. Meanwhile, CD ratio of the bank is 70.69 percent. Interest income of the bank has increased by 22.61 percent and interest expenses have increased by 4.38 percent. Likewise, Employee expenses, total operating income and other operational expenses has increased by 9 percent, 39.50 percent and 3 percent respectively. A fixed asset of the bank has decreased by 92 percent and other assets have increased by 4.80 percent. The bank has decreased provision of possible risk by 99 percent to Rs 227,000. The bank has 4.24 percent capital fund expenditure and capital fund adequacy of 13 percent. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3874', 'image' => '20160725114025_malika.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4040', 'article_category_id' => '1', 'title' => 'Standard Chartered Bags ‘Best Consumer Digital Award’', 'sub_title' => '', 'summary' => 'July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category. Th', 'content' => '<p style="text-align: justify;">July 25: Standard Chartered Bank has bagged the Global Finance’s ‘Best Global Consumer Digital Bank Award-2106’ under the Asia-Pacific category. The winner of the first round competition under Asia-Pacific region award was announced in New York on July 22. “The name of the winner was selected by the world class jury,” said the bank in a press statement. The responsibility to judge the winner of first round was taken by Global Finance Editors. With this award, Standard Chartered Bank Nepal has won the award for three consecutive years. Similarly, the bank has also bagged ‘Euro Money Award for Excellence-2016’ from Euro Money this year.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3873', 'image' => '20160725112736_st 2.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4039', 'article_category_id' => '1', 'title' => 'Maruti's Monsoon Offer', 'sub_title' => '', 'summary' => 'July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'. ', 'content' => '<p style="text-align: justify;">July 25: Maruti Cement has introduced ' Maruti Cement Monsoon Offer' scheme with a slogan ' Maruti Cement ko Sabai vanda thulo offer, bullet bike ma shaan ko safar'. According to the scheme, the buyers will get a scratch coupon on purchasing 15 sacks of Maruti cement. The company informed that the prizes can be won based on those coupons. Under the scheme, the coupon holders can win silver coin, mobile phone, shopping voucher and Rs 10, 15, 20 and 25 discounts on each sack of Maruti cement.</p> <p style="text-align: justify;">Similarly, issuing a press statement the company informed that lucky buyer under the scheme will get chance to roll 'Fortune wheel'. Under this, there are various sure shot prizes like TVS Apache RTR 180, Samsung LED TV, IPhone 6 plus, Samsung S7 Edge and air conditioner. Laptop, home theatre, micro wave oven, freezer and other products are also in the list.</p> <p style="text-align: justify;">Likewise, under the scheme, the company introduced 'Royal Enfield Classic 350 Bullet bike' as bumper prize. As per Raju Shrestha, Brand Manager of the company, the scheme is the biggest one of this season which is validated for limited period in Kathmandu.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3872', 'image' => '20160725110740_maruti.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4038', 'article_category_id' => '1', 'title' => 'LG Super UHD TV in Market', 'sub_title' => '', 'summary' => 'July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV brands.', 'content' => '<p style="text-align: justify;">July 25: LG Company has brought its new product Super UHD TV in the Nepali market. As per the spokesperson of the company, the TV is of superior quality as compared to other TV brands.</p> <p style="text-align: justify;">“Super UHD TV has IPS 4K Quantum Display and delivers crystal-clear images with vivid colors,” says the spokesperson of the company, adding, “In addition, you'll get a television with cinema-quality technology that will transform movies, TV shows, documentaries, and streaming content into immersive home entertainment experiences.” </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3871', 'image' => '20160725104514_lg.JPG', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4037', 'article_category_id' => '1', 'title' => 'OBI Mobile Unveiled in Dang', 'sub_title' => '', 'summary' => 'July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23 in', 'content' => '<p>July 25: OBI, a mobile handset manufacturer has introduced its products in Dang. The company unveiled its two smart-phones amid a program organised on July 23 in Ghorahi. According to Shiva Raj GC, regional Marketing Manager of the company, OBI's F1 and J1 which entered in the Nepali market on June, have been unveiled in Dang. The company has appointed BNB Traders as its authorised distributor in Rapti, following the unveiling of the smart-phones in Dang. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3870', 'image' => '20160725103839_obi.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4036', 'article_category_id' => '1', 'title' => 'IPO of National Microfinance from July 31', 'sub_title' => '', 'summary' => 'July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50 un', 'content' => '<p style="text-align: justify;">July 25: National Microfinance is issuing initial public offering (IPO) from July 31. The company is issuing 300,000 units of shares under which it has allocated 12,000 unit shares for employees and 15,000 unit shares for mutual funds. Priced at Rs 100, general investors can apply for minimum of 50 units and maximum of 10,000 units of shares.</p> <p style="text-align: justify;">The company has informed of distributing allocated shares among the mutual funds. The company will close the issuance early in August 3 and delay in August 14. After the issuance, the paid-up capital of the company will totalled Rs 100 million. As per the predicted financial report, the paid-up capital of the company will reach Rs 200 million in FY 2073/74 and Rs 340 million in FY 2074/75.</p> <p style="text-align: justify;">Based on the financial report, the company will issue bonus shares and right shares in order to increase the paid-up capital. The predicted net profit in the FY 2072/73 is apparently Rs 23.2 million. Similarly, the net worth per share is Rs 144.72 in the FY 2072/73. NIBL Capital Market has been appointed as Issue Manager for the issuance. Interested investors can apply for the IPO from various branches of Nepal Investment Bank, National Microfinance Bittiya Sanstha, Gorkhas Finance, Synergy Finance and Sajha Bikas Bank. </p> ', 'published' => true, 'created' => '2016-07-25', 'modified' => '2016-07-25', 'keywords' => '', 'description' => '', 'sortorder' => '3869', 'image' => '20160725103040_nm.jpg', 'article_date' => '2016-07-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4035', 'article_category_id' => '1', 'title' => 'SEZ Construction at Panchkhal to Begin from Current FY', 'sub_title' => '', 'summary' => 'July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of ', 'content' => '<p style="text-align:justify">July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of SEZ. According to Chandi Prasad Bhatta, Executive Director of the SEZ Development Committee, budget of Rs 46.2 million has been allocated for this project. "The budget will be used to build a boundary wall and other infrastructures. The total cost of the project is expected to be Rs 1.2 billion", he added.</p> <p style="text-align:justify">According to the local residents, the construction of Panchkhal SEZ had been in vain for long time. However, the interaction meeting between SEZ development committee and stakeholders, held last week revived the hope of SEZ construction. Secretary of Ministry of Industry Surya Prasad Silwal, former commerce secretary Purswottam Ojha and Chairman of Dhulikhel Chamber of Commerce and Industry Dil Sundar Shrestha participated in the meeting. The participants requested Executive Director Bhatta to proceed the construction work in a quick pace. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3868', 'image' => '20160724054450_sez-india-1-638.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4034', 'article_category_id' => '1', 'title' => 'Motherland Selected Dabur School’s National Finalist', 'sub_title' => '', 'summary' => 'July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and got selected as national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing wi', 'content' => '<p style="text-align:justify">July 24: The seventh regional final under “Real School of Nepal 2016” concluded at Western region of Pokhara on Thursday. Motherland Higher Secondary School, Pokhara won the final and was selected among the national finalists. Issuing a press statement, Dabur Nepal informed that the winners will be competing with other regional finalist in the national final that will be held at Kathmandu.</p> <p style="text-align:justify">Students participating in the competition were divided into senior and junior groups and different competition was held in between them. According to Dabur Nepal, Pushpa B.K of Step By Step Higher Secondary School was the winner of extempore. Similarly Soniya Bastola of Gandaki Higher Secondary School won the dance competition and Aasish Rimal of Sainik Awasiya Mahavidyalaya won the Footbal Juggling. Likewise, Namuna Adhikari of Motherland Higher Secondary School was the winner of Three minute two fame and Aasish Kunwar of Shanti Nikunja Higher Secondary School was the winner of score the real goal. With this the Western region final of the competition has been concluded. The company in a press statement said that now the Central Regional final under Central Region will be held at Eastern Region of Kathmandu on August 22.</p> <p style="text-align:justify">In addition, Biswas Poudel and Anuja Gautam of Pokhara were provided the scholarship of Rs 25, 000 each under the scholarship program that was started last year.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3867', 'image' => '20160724044852_dabur nepal.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4033', 'article_category_id' => '1', 'title' => 'RBB's Surkhet Branch Announced Best Across Mid-western Region', 'sub_title' => '', 'summary' => 'July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked ', 'content' => '<p>July 24: Rastriya Banijya Bank Surkhet branch has been announced the best branch in Mid- Western region. With the limited manpower and workload, Surkhet branch has been ranked in first position in term of profit, deposits and loan flow among the branches of Rastriya Banjiya Bank across Mid and Far-Western region.</p> <p>Meanwhile, the Surkhet branch has been successful in earning net profit of Rs 100.47 million during the fiscal year 2072/73. It has collected total deposits of Rs 2.11 billion and loan extension amounted to Rs 1.26 billion."The branch has been providing trade loan, rastra sewak karja, education loan, agriculture, Mahalaxmi home loan, vehicle loan and gold loan," says Hota Ram Yogi Branch Manager,Rastriya Banjiya Bank, Surkhet branch." The branch provides mobile banking facilities and ATM services to its customers under advanced banking services.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3866', 'image' => '20160724032620_rbb.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4032', 'article_category_id' => '1', 'title' => 'Stock Trading Halted in NEPSE ', 'sub_title' => '', 'summary' => 'July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE has', 'content' => '<p>July 24: Stock trading in NEPSE has halted due to newly decreased broker commission rate. The decreased broker commission rate that has been implemented from today could not be entered in the system of share brokers which has raised problem in billing system between NEPSE and broker system. Due to the problem, NEPSE has closed the stock trading. The trading will resumed after the problem is solved.</p> <p>According to NEPSE, stock transaction has been closed in order to maintain the software according to the decreased broker commission.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3865', 'image' => '20160724015146_nepse.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4031', 'article_category_id' => '1', 'title' => 'Mega Bank to Adopt Federal Structure', 'sub_title' => '', 'summary' => 'July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country. “The constitutio', 'content' => '<p style="text-align: justify;">July 24: Mega Bank has announced to function as per the federal structure of the country. On the occasion of its sixth anniversary on July 22, the bank announced to operate transactions as per the changed system of the governance of the country.</p> <p style="text-align: justify;">“The constitution has divided the country into seven states and the bank is planning to conduct its banking activities accordingly,” said Bhoj Bahandur Shah, Chairman of Mega Bank. Similarly, the bank informed that it will emphasize the merger and issue right shares to meet the minimum paid up capital set by Nepal Rastra Bank. The bank had signed MOU with Paschhimanchal Bikas Bank for the merger on April, 2016.</p> <p style="text-align: justify;">According to the Chairman, the bank will concentrate on the initiation of joint investment outside the country, expansion of offices in regional levels and the expansion of banking services in rural areas. “The bank is preparing to issue 25 percent right shares of the total paid up capital,” said Anil Khesari Shah, CEO of the Bank. According to him, the bank has also converted promoter share into general share as per the rule of Nepal Rastra Bank.</p> <p style="text-align: justify;">Mega Bank had collected the deposits of Rs 31 billion and extended the loan of Rs 28 billion. Currently, the bank is providing its services through 44 branches, 45 ATMs and 54 branchless banking services.</p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3864', 'image' => '20160724013205_mega.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4030', 'article_category_id' => '1', 'title' => 'Cabinet Approves Clean Feed Policy', 'sub_title' => '', 'summary' => 'July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV c', 'content' => '<p style="text-align: justify;">July 24: Foreign pay television channels telecasting in Nepal have been barred from running advertisements. The meeting of cabinet of ministers on Friday approved ‘Clean Feed Policy’ in a bid to prohibit foreign pay television channels to run advertisement. However, the implemented policy will not block advertisement in foreign TV channels immediately due to the lack of required law and structure. The policy will be implemented on monthly paid television channels only. Freely telecasted foreign TV channels are exempted from the policy. In the country, various new channels are telecasted free whereas sports and entertainment channels are required to pay monthly.</p> <p style="text-align: justify;">“Clean feed policy has been implemented in order to end obligation of watching paid advertisement,” said Pushkar Raj Nepal, Under Secretary (Legal) of Information and Communication Ministry. “Task plan in order to formulate required legal structure, rules and regulation has already been submitted. The policy will be implemented within the current year after formulating all mechanisms,” he added.</p> <p style="text-align: justify;">Meanwhile, Advertising Association of Nepal (AAN) has welcomed the government’s decision of implementing clean feed policy. “AAN has been demanding the implementation of the ‘Clean Feed Policy’ since long time. Now that it has been implemented, it has provided relief to Nepali communication medium, advertisement industry, consumers and other stakeholders,” said AAN. AAN explained that foreign TV channels are getting double income through advertisements and monthly pay which was hindering growth of Nepali channels and advertisement industry. AAN claims that free telecasting of foreign advertisements has hampered Nepali advertisement market. The implementation of clean feed policy will block foreign advertisements encouraging Nepali custom in the advertisements. Additionally, it will also increase revenue for the government. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3863', 'image' => '20160724011139_clean feed.jpg', 'article_date' => '2016-07-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4029', 'article_category_id' => '1', 'title' => 'Toyota's New Outlet in Nayabazaar', 'sub_title' => '', 'summary' => 'July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its customers.', 'content' => '<p style="text-align: justify;">July 24: United Traders Syndicate, the authorised distributor of Toyota vehicles in Nepal has opened its new outlet in Nayabazaar, Kathmandu. The company has opened the new outlet aiming to provide genuine items of Toyota brand to its customers.</p> <p style="text-align: justify;">The customers can purchase company's genuine spare parts, Toyota Genuine Motor Oil (TGMO) and Toyota Genuine Accessories (TGA) from the new outlet in a convenient way. The company informed that it is initiating a process of developing network of workshops along with the opening of new outlet. Through the new outlet, the company believes to provide quicker and more effective services to its customers. </p> ', 'published' => true, 'created' => '2016-07-24', 'modified' => '2016-07-24', 'keywords' => '', 'description' => '', 'sortorder' => '3862', 'image' => '20160724112826_toyota.jpg', 'article_date' => '2016-07-24 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
