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' => '3967',
			'article_category_id' => '1',
			'title' => 'BOK Supports Dhurmus-Suntali Foundation',
			'sub_title' => '',
			'summary' => 'July 13: Bank of Kathmandu (BOK) has supported  Dhrumus-Suntali foundation with a fund of Rs 5,00,000 for the construction of homes for the devastating earthquake survivors.',
			'content' => '<p style="text-align: justify;">July 13: Bank of Kathmandu (BOK) has supported &nbsp;Dhrumus-Suntali foundation with a fund of Rs 5,00,000 for the construction of homes for the devastating earthquake survivors.</p>

<p style="text-align: justify;">Ajay Shrestha, CEO of Bank of Kathmandu handed over the amount to SitaramKattel, Chairman of Dhurmus Suntali Foundation amid a program organised in headqaurter office on July 13.</p>

<p style="text-align: justify;">Currently, the foundation is constructing 65 houses under a concept of integrated settlement development in Melamchi Municipality-8 Giranchaur of Sindhupalchowk district. Prior to this, the foundation involved in construction of 20 houses for earthquake victims of Kavre district.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3800',
			'image' => '20160713120831_bok.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '3966',
			'article_category_id' => '1',
			'title' => 'Global IME Bank Honored as 'Best Internet Bank 2016'',
			'sub_title' => '',
			'summary' => 'July 13: Global IME Bank is honored with the title 'Best Internet Bank 2016' . The bank was entitled by International Finance Magazine of London for providing quality internet banking services to its customers.',
			'content' => '<p style="text-align: justify;">July 13: Global IME Bank is honored with the title &#39;Best Internet Bank 2016&#39; . The bank was entitled by International Finance Magazine of London for providing quality internet banking services to its customers. The bank has been providing safe modern technological&nbsp; global internet banking&nbsp; and global smart mobile banking services to its customers.</p>

<p style="text-align: justify;">The bank which was opened with slogan &#39; Sabaika Lagi Bank &#39; has been providing financial services through 91 branches, 99 ATMs and 40 branchless banking services. The bank is also providing its services by opening representative offices at India and Australia.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3799',
			'image' => '20160713120320_global.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '3965',
			'article_category_id' => '1',
			'title' => 'Yamaha's Exchange Offer in Dhankuta',
			'sub_title' => '',
			'summary' => 'July 13: Yamaha Company has concluded 6 days long exchange camp in three cities of Dhankuta. According to Shankar Shrestha, Manager of MAW, the authorised distributor of Yamaha, the camp was held under ruler sales program.',
			'content' => '<p style="text-align: justify;">July 13: Yamaha Company has concluded 6 days long exchange camp in three cities of Dhankuta. According to Shankar Shrestha, Manager of MAW, the authorised distributor of Yamaha, the camp was held under ruler sales program.</p>

<p style="text-align: justify;">The camps were placed at Sindhuwa, Hile and Dhankuta bazaar with the management of Gajurmukhi Trade and Link, Dharan along with the collaboration of various bike workshops of Dhankuta. As per Mahesh Shrestha, Manager of Gajurmukhi Trade and Link, 30 Yamaha bikes were exchanged in the camps. In the exchange camps, old bikes were evaluated, &nbsp;financing facilities up to 50 percent and one year tax free service were provided, the organiser informed.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3798',
			'image' => '20160713114510_yamaha.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '3964',
			'article_category_id' => '1',
			'title' => 'Fanta Lemon in Nepali Market',
			'sub_title' => '',
			'summary' => 'July 13: Cocacola Nepal has launched Lemon Fanta in the Nepali market. According to the company, newly launched drink will provide energy and refreshment to its consumers.',
			'content' => '<p style="text-align: justify;">July 13: Cocacola Nepal has launched Lemon Fanta in the Nepali market. According to the company, newly launched drink will provide energy and refreshment to its consumers. Before launching, the company has surveyed with 42,000 sample products among the public. The company avail the new product in half liter bottle pack, as well. The company informs that half liter bottle packed product will be available across the country at Rs 65.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3797',
			'image' => '20160713113235_lemon.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '3963',
			'article_category_id' => '1',
			'title' => 'LG to Focus on Ultra-HD TVs',
			'sub_title' => '',
			'summary' => 'July 13: LG will be turning its attention towards premium ultra HD TV with big screen aiming the Rio Olympics and 2018 FIFA World Cup. According to the company, it has sold more 42 inches+ big screen TVs in recently concluded 2016 Euro Cup as well. ',
			'content' => '<p style="text-align: justify;">July 13: LG will be turning its attention towards premium ultra HD TV with big screen aiming the Rio Olympics and 2018 FIFA World Cup. According to the company, it has sold more 42 inches+ big screen TVs in recently concluded 2016 Euro Cup as well. Moreover, TVs of 49 inches, 55 inches and 60 inches are in high demand among the big screen TVs, &nbsp;informed the company.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3796',
			'image' => '20160713111815_lg.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '3962',
			'article_category_id' => '1',
			'title' => 'Plastic Bag Ban Effective from July 16',
			'sub_title' => '',
			'summary' => 'July 12: The government has decided to ban plastic bags throughout the country from July 16. Citing the negative effects of plastic and polypropylene on human health, environment and urban beauty, the government has decided to ban import, export, sales, distribution and consumption of such bags.',
			'content' => '<p style="text-align:justify"><span style="font-size:11.0pt">July 12: The government has decided to</span><span style="color:black; font-family:georgia,serif; font-size:11.0pt"> ban plastic bags throughout the country from July 16. Citing the negative effects of plastic and polypropylene on human health, environment and urban beauty, the government has decided to ban import, export, sales, distribution and consumption of such bags.</span></p>

<p style="text-align:justify"><span style="color:black; font-family:georgia,serif; font-size:11.0pt">As per the budget announcement, the Ministry of Environment has been engaged in necessary planning for implementing the ban program. &ldquo;A taskforce has been formed to formulate standard regarding the usable and non-usable plastic bag,&quot; says Bishwo Nath Oli, Secretary of Ministry of Environment. He has also informed that the ministry is engaged in discussions with stakeholders to implement the ban . &quot;The program will be implemented in co-ordination and co-operation of different bodies of the government&quot;, he added.</span></p>

<p style="text-align:justify"><span style="color:black; font-family:georgia,serif; font-size:11.0pt">Similarly, the government has encouraged plastic bag manufacturers to switch to other environment friendly products. For this, government will levy just 1 percent customs duty on machineries and equipments and will waive value added tax completely, as per the budget.</span></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3795',
			'image' => '20160713105106_20160704012819_Plastic-Bag.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '3961',
			'article_category_id' => '1',
			'title' => 'KMC to Build Park at Tinkune',
			'sub_title' => '',
			'summary' => 'July 12: Kathmandu Municipality is constructing a park at Tinkune, Kathmandu with an expected cost of Rs 1.23 billion.  In order to build the park, Architects Design Associates has presented the initial design to Kathmandu Municipality. ',
			'content' => '<p style="text-align: justify;">July 12: Kathmandu Municipality is constructing a park at Tinkune, Kathmandu with an expected cost of Rs 1.23 billion. &nbsp;In order to build the park, Architects Design Associates has presented the initial design to Kathmandu Municipality. &nbsp;According to the initial design, the construction of the park will cost Rs 1.23 billion which will contain Sankhachakra Park, underground parking and Yoga space for 200 people at a time.</p>

<p style="text-align: justify;">The park will have a 16 metere long statue of Lord Budhha in its central part indicating Lord Buddha was born in Nepal. It has been informed that the park is being constructed to revive disturbed minds from hectic city life and provide visitors heartily pleasant environment.</p>

<p style="text-align: justify;">As per the design, there will be 12 entrances to reach the statue from the circle surrounding it. According to Sachin Maharjan, Designer of the Associates, the park will also have water fountain in its centre. It will prevent the visitors from getting disturbed from the noisy roads and enjoy the fascinating natural environment.</p>

<p style="text-align: justify;">After recieving the design, Rudra Singh Tamang, Chief and Executive Officer of Kathmandu Municipality said, &ldquo;The ambition and multi-year project has been forwarded for the prosperity of city. &nbsp;The design should have effective managment for underground parking and suitable pedestrian park entry.&quot;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3794',
			'image' => '20160712034353_park.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '3960',
			'article_category_id' => '1',
			'title' => 'Regulators failed in Controlling Insider Trading: Stakeholders',
			'sub_title' => '',
			'summary' => 'July 12: Stakeholders criticised stock market regulators on failure to control insider trading in which speculators gain profit by leaking internal information of the company. ',
			'content' => '<p style="text-align:justify">July 12: Stakeholders criticised stock market regulators on failure to control insider trading in which speculators gain profit by leaking internal information of the company. They expressed such opinion in the meeting organised by Securities Board of Nepal in a bid to collect suggestions on the program &lsquo;Policies and Programs for Capital Market Expansion and Development in FY 2073/74&rsquo;.</p>

<p style="text-align:justify">Stakeholders&rsquo; such opinion in the program created argument between SEBON and Nepal Stock Exchange (NEPSE).</p>

<p style="text-align:justify">In the program, Aatma Ram Ghimire, Chairman of Nepal Investors&rsquo; Forum stated that there is no meaning of conducting a meeting if investors&rsquo; complaints are not heard. &ldquo;Earlier also, we have given many suggestions. However, none of them has been implemented,&rdquo; he complained. Ghimire suggested SEBON and NEPSE to mutually work for the common interest of share investors regarding identity card, easy information and promotion of D-mat account and automated trading system (online trading software).</p>

<p style="text-align:justify">Additionally, he suggested both regulators to end blaming game on insider trading case and take required steps ASAP as it is already too late. He further said &ldquo;Board members of the companies are themselves involved in share trading in the name of relatives and confidants. SEBON should end the practice through conducting investigation and taking proper action against them.&rdquo; In the meeting, most of the speakers suggested SEBON to create proper environment to facilitate non residence Nepalis to invest in the stock market.</p>

<p style="text-align:justify">Meanwhile, Krishna Raj Lamichanne, Chairman of Development Bankers&rsquo; Association suggested to end long share trading closure of any company under going merger process.&nbsp; &ldquo;Share trading need not to be halted after the final evaluation of total assets and liabilities of the companies are done,&rdquo; he said. Similarly, he added &ldquo;Share investors&rsquo; money invested in initial public offering (IPO) should be returned to all types of BFIs accounts. Share investors who do not have access to commercial banks will suffer when the money is returned to commercial banks only.&rdquo;</p>

<p style="text-align:justify">Likewise, representatives of Nepal Microfinance Bankers&rsquo; Association demanded of allowing microfinance development banks to invest in the IPOs of other companies. They demanded separate allocation of IPO shares for microfinance banks as well as of mutual funds. Furthermore, they demanded reduction of commission for small companies while issuing IPOs.</p>

<p style="text-align:justify">In the program, officials of NEPSE informed of difficulty in operating daily task due to the shortage of employees. Reacting to the statement, SEBON addressed that human resource management is the primary responsibility of NEPSE thus failure to conduct the tasks due to any reason is not acceptable.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3793',
			'image' => '20160712032119_insider.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '3959',
			'article_category_id' => '1',
			'title' => 'RBB Appoints Baidhya and Pandey as Deputy CEO',
			'sub_title' => '',
			'summary' => 'July 12: Rastriya Banijya Bank (RBB) has given the responsibility of Deputy-CEO to  Bishnu Prasad Baidhya and Bhupendra Pandey.  Pandey and Baidhya were working as DGM in RBB.',
			'content' => '<p>July 12: Rastriya Banijya Bank (RBB) has given the responsibility of Deputy-CEO to &nbsp;Bishnu Prasad Baidhya and Bhupendra Pandey. &nbsp;Pandey and Baidhya were working as DGM in RBB. &ldquo;The BOD meeting held on July 5 has decided to provide this responsibility to Pandey and Baidhya,&rdquo; informs the bank in a press statement. According to the bank, the appointment has been effective from July 7.</p>

<p><img alt="" src="/userfiles/images/rbb1%281%29.jpg" style="height:279px; width:239px" /><img alt="" src="/userfiles/images/rbb%202%281%29.jpg" style="height:283px; width:257px" /></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3792',
			'image' => null,
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3958',
			'article_category_id' => '1',
			'title' => 'Pharma Industry under GMP Model Within mid-October',
			'sub_title' => '',
			'summary' => 'July 12: Pharmaceutical companies across the country will be operated under good manufacturing practice (GMP) model. “Preparations are underway so that all pharmaceutical companies will be operated under the GMP model within mid-October,” said Balkrishna Khakurel, Director General of Department of Drug Administration (DDA).  The industries will be shut down by the government if they do not comply with GMP model by the given period.',
			'content' => '<p style="text-align: justify;">July 12: Pharmaceutical companies across the country will be operated under good manufacturing practice (GMP) model. &ldquo;Preparations are underway so that all pharmaceutical companies will be operated under the GMP model within mid-October,&rdquo; said Balkrishna Khakurel, Director General of Department of Drug Administration (DDA).&nbsp; The industries will be shut down by the government if they do not comply with GMP model by the given period.</p>

<p style="text-align: justify;">Though the DDA had announced deadlines to implement the GMP model in the past, not all industries were able to follow the drug market regulator&rsquo;s decision. &ldquo;The entire industry will come under GMP model this time,&rdquo; he said. The exercise to implement the GMP model in Nepal started in 2008.</p>

<p style="text-align: justify;">According to DDA, currently 36 pharmaceuticals and one ayurvedic medicine manufacturer are following the model. &ldquo;Around 44 industries have received the GMP certificate,&rdquo; claimed Khakurel.</p>

<p style="text-align: justify;">There are 50 allopathic pharmaceutical industries operating in Nepal at present. Khakurel informs that the remaining companies have also submitted application for GMP certificates. &ldquo;Due to the lack of infrastructure, it was not being possible for the government to bring all the pharmaceutical industry under GMP in past,&rdquo; he said. However, the department claims that now the industries are capable to follow the practice.</p>

<p style="text-align: justify;">According to DDA, pharmaceuticals companies are required to follow GMP practices as a new directive based on the pharmaceutical production has already been issued.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3791',
			'image' => '20160712012754_cmp.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '3957',
			'article_category_id' => '1',
			'title' => 'Butwal Power Company to Increase Issued Capital',
			'sub_title' => '',
			'summary' => 'July 12: Special general meeting (SGM) of Butwal Power Company under the chairmanship of Padhya Jyoti, Board of Director (BOD) Chairman of the Company has decided to increase its issued capital to Rs 2.10 billion.',
			'content' => '<p style="text-align: justify;">July 12: Special general meeting (SGM) of Butwal Power Company under the chairmanship of Padhya Jyoti, Board of Director (BOD) Chairman of the Company has decided to increase its issued capital to Rs 2.10 billion. Presently, the issued capital of the company is Rs 1.67 billion. Similarly, the SGM has also decided to issue new shares in order to maintain the share proportion of general shareholders to 30 percent of the issued capital. Issuing a press statement the company informed that 5 percent of it will be provided to affected locals of Adhikhola Hydropower center and Jhimruk Hydropower center. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3790',
			'image' => '20160712012255_jyoti.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3956',
			'article_category_id' => '1',
			'title' => 'Plantation by Arghakhanchi Cement in Khanchikot',
			'sub_title' => '',
			'summary' => 'July 12: Arghakhanchi Cement Industry has conducted plantation in Khanchikot under its corporate social responsibility program. Issuing a press release the company informed that 1 thousand plants were planted in 2 hectares land.',
			'content' => '<p>July 12: Arghakhanchi Cement Industry has conducted plantation in Khanchikot under its corporate social responsibility program. Issuing a press release, the company informed of planting&nbsp;&nbsp;1 thousand plants in 2 hectares land.</p>

<p><span style="line-height:20.8px">According to the company, A</span>rghakhanchi Cement has been able to make its recognition in the market in a very short period and it also has been giving priority to Corporate Social Responsibility. T<span style="line-height:20.8px">he company informed of conducting&nbsp;</span><span style="line-height:1.6">&nbsp;</span><span style="line-height:20.8px">similar kind of programs in future&nbsp;</span><span style="line-height:1.6">giving high priority to environmental protection.</span></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3789',
			'image' => '20160712010716_argha.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '3955',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between JME and Tranglo',
			'sub_title' => '',
			'summary' => 'July 12: JME Remit and Tranglo Sdn Bhd has finalized an agreement regarding  payment of remittance. JME that has been inflowing remittance from the country like Japan has made the agreement with Tranglo in a bid to enhance its network.',
			'content' => '<p style="text-align: justify;">July 12: JME Remit and Tranglo Sdn Bhd has finalized an agreement regarding &nbsp;payment of remittance. JME that has been inflowing remittance from the country like Japan has made the agreement with Tranglo in a bid to enhance its network.</p>

<p style="text-align: justify;">According to a press statement issued by the company, Dipendra Joshi, Chairman of JME Remit and Sia Hui Yong, CEO of Tranglo signed the agreement on behalf of their respective companies. After the agreement, the money sent by Nepali workers in Malaysia could be received through more than 3,500 agents and sub-agents of JME in Nepal.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3788',
			'image' => '20160712125511_jme.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '3954',
			'article_category_id' => '1',
			'title' => 'Samsung Launches 2nd Gen SUHD TV     ',
			'sub_title' => '',
			'summary' => 'July 12: Korean consumer electronics brand Samsung has launched SUDH TV with second generation Quantum dot technology for the first time in Nepal. With the launching, the company has declared the beginning of the Quantum dot display era in Nepal. The first generation Samsung SUHD TVs with Quantum dot technology were launched in 2015 globally.',
			'content' => '<p>July 12: Korean consumer electronics brand Samsung has launched SUDH TV with second generation Quantum dot technology for the first time in Nepal. With the launching, the company has declared the beginning of the Quantum dot display era in Nepal. The first generation Samsung SUHD TVs with Quantum dot technology were launched in 2015 globally.</p>

<p>According to the company, SUDH TV lineup comes with&nbsp;a quantum leap in TV picture quality with &lsquo;HDR 1,000&rsquo; technology which expresses HDR with a peak brightness of 1,000 nit. &ldquo;Samsung has improved its color mapping algorithm and color accuracy by 25 percent for the new SUHD TV models,&rdquo; informs the company in a press statement.&nbsp;As per the statement, the new SUHD TVs can recreate brighter colors with lower energy consumption than first generation SUHD TVs along with the Ultra black panel and Samsung&rsquo;s Smart Hub features powered by the Tizen OS.</p>

<p>The company claims that SUHD TVs have 360&deg;&nbsp;degree designs that are perfect in any angle. &ldquo;We aimed to increase convenience for our consumers and developed the single remote that can easily control the surrounding devices while improving the design to that effect,&rdquo; said Yubeom Won, Vice President, Samsung India Electronics Limited.</p>

<p>The latest offering from Samsung are available in UA55KS9000 and UA65KS9000 models. Pre booking period for these products is from 12 July &ndash; 12 August 2016. Pre booking price for UA55KS9000 and US65KS9000 has been marked at Rs 419,000 and RS 629,000 respectively. Customers will get a Samsung Galaxy S7 and Samsung Gear VR free in the purchase SUDH TVs.&nbsp;Customers can purchase the products at Samsung Digital Plaza at Durbar Marg and Kumaripati.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3787',
			'image' => '20160712124415_samsung.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '3953',
			'article_category_id' => '1',
			'title' => 'Ford Endeavour launched in Chitwan',
			'sub_title' => '',
			'summary' => 'July 12: SH Motors, the authorised dealer of Ford for Chitwan has started the sale of Ford Endeavour.  According to Nirdesh Shedai, Managing Director of SH Motors said “SUV Ford Endeavour that has recently entered the Nep',
			'content' => '<p style="text-align: justify;">July 12: SH Motors, the authorised dealer of Ford for Chitwan has started the sale of Ford Endeavour.</p>

<p style="text-align: justify;">According to Nirdesh Shedai, Managing Director of SH Motors said &ldquo;SUV Ford Endeavour that has recently entered the Nepali market will also gain popularity in Chitwan at short period of time.&rdquo; Ford Endeavour has been produced using a modern technology with attractive design. Ford is available in 6 different colors like Sunset Red, Diamond White, and Panther Black. The market price of Ford Endeavour is 13 million.</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3786',
			'image' => '20160712123136_ford.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '3967',
			'article_category_id' => '1',
			'title' => 'BOK Supports Dhurmus-Suntali Foundation',
			'sub_title' => '',
			'summary' => 'July 13: Bank of Kathmandu (BOK) has supported  Dhrumus-Suntali foundation with a fund of Rs 5,00,000 for the construction of homes for the devastating earthquake survivors.',
			'content' => '<p style="text-align: justify;">July 13: Bank of Kathmandu (BOK) has supported &nbsp;Dhrumus-Suntali foundation with a fund of Rs 5,00,000 for the construction of homes for the devastating earthquake survivors.</p>

<p style="text-align: justify;">Ajay Shrestha, CEO of Bank of Kathmandu handed over the amount to SitaramKattel, Chairman of Dhurmus Suntali Foundation amid a program organised in headqaurter office on July 13.</p>

<p style="text-align: justify;">Currently, the foundation is constructing 65 houses under a concept of integrated settlement development in Melamchi Municipality-8 Giranchaur of Sindhupalchowk district. Prior to this, the foundation involved in construction of 20 houses for earthquake victims of Kavre district.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3800',
			'image' => '20160713120831_bok.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '3966',
			'article_category_id' => '1',
			'title' => 'Global IME Bank Honored as 'Best Internet Bank 2016'',
			'sub_title' => '',
			'summary' => 'July 13: Global IME Bank is honored with the title 'Best Internet Bank 2016' . The bank was entitled by International Finance Magazine of London for providing quality internet banking services to its customers.',
			'content' => '<p style="text-align: justify;">July 13: Global IME Bank is honored with the title &#39;Best Internet Bank 2016&#39; . The bank was entitled by International Finance Magazine of London for providing quality internet banking services to its customers. The bank has been providing safe modern technological&nbsp; global internet banking&nbsp; and global smart mobile banking services to its customers.</p>

<p style="text-align: justify;">The bank which was opened with slogan &#39; Sabaika Lagi Bank &#39; has been providing financial services through 91 branches, 99 ATMs and 40 branchless banking services. The bank is also providing its services by opening representative offices at India and Australia.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3799',
			'image' => '20160713120320_global.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '3965',
			'article_category_id' => '1',
			'title' => 'Yamaha's Exchange Offer in Dhankuta',
			'sub_title' => '',
			'summary' => 'July 13: Yamaha Company has concluded 6 days long exchange camp in three cities of Dhankuta. According to Shankar Shrestha, Manager of MAW, the authorised distributor of Yamaha, the camp was held under ruler sales program.',
			'content' => '<p style="text-align: justify;">July 13: Yamaha Company has concluded 6 days long exchange camp in three cities of Dhankuta. According to Shankar Shrestha, Manager of MAW, the authorised distributor of Yamaha, the camp was held under ruler sales program.</p>

<p style="text-align: justify;">The camps were placed at Sindhuwa, Hile and Dhankuta bazaar with the management of Gajurmukhi Trade and Link, Dharan along with the collaboration of various bike workshops of Dhankuta. As per Mahesh Shrestha, Manager of Gajurmukhi Trade and Link, 30 Yamaha bikes were exchanged in the camps. In the exchange camps, old bikes were evaluated, &nbsp;financing facilities up to 50 percent and one year tax free service were provided, the organiser informed.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3798',
			'image' => '20160713114510_yamaha.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '3964',
			'article_category_id' => '1',
			'title' => 'Fanta Lemon in Nepali Market',
			'sub_title' => '',
			'summary' => 'July 13: Cocacola Nepal has launched Lemon Fanta in the Nepali market. According to the company, newly launched drink will provide energy and refreshment to its consumers.',
			'content' => '<p style="text-align: justify;">July 13: Cocacola Nepal has launched Lemon Fanta in the Nepali market. According to the company, newly launched drink will provide energy and refreshment to its consumers. Before launching, the company has surveyed with 42,000 sample products among the public. The company avail the new product in half liter bottle pack, as well. The company informs that half liter bottle packed product will be available across the country at Rs 65.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3797',
			'image' => '20160713113235_lemon.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '3963',
			'article_category_id' => '1',
			'title' => 'LG to Focus on Ultra-HD TVs',
			'sub_title' => '',
			'summary' => 'July 13: LG will be turning its attention towards premium ultra HD TV with big screen aiming the Rio Olympics and 2018 FIFA World Cup. According to the company, it has sold more 42 inches+ big screen TVs in recently concluded 2016 Euro Cup as well. ',
			'content' => '<p style="text-align: justify;">July 13: LG will be turning its attention towards premium ultra HD TV with big screen aiming the Rio Olympics and 2018 FIFA World Cup. According to the company, it has sold more 42 inches+ big screen TVs in recently concluded 2016 Euro Cup as well. Moreover, TVs of 49 inches, 55 inches and 60 inches are in high demand among the big screen TVs, &nbsp;informed the company.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3796',
			'image' => '20160713111815_lg.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '3962',
			'article_category_id' => '1',
			'title' => 'Plastic Bag Ban Effective from July 16',
			'sub_title' => '',
			'summary' => 'July 12: The government has decided to ban plastic bags throughout the country from July 16. Citing the negative effects of plastic and polypropylene on human health, environment and urban beauty, the government has decided to ban import, export, sales, distribution and consumption of such bags.',
			'content' => '<p style="text-align:justify"><span style="font-size:11.0pt">July 12: The government has decided to</span><span style="color:black; font-family:georgia,serif; font-size:11.0pt"> ban plastic bags throughout the country from July 16. Citing the negative effects of plastic and polypropylene on human health, environment and urban beauty, the government has decided to ban import, export, sales, distribution and consumption of such bags.</span></p>

<p style="text-align:justify"><span style="color:black; font-family:georgia,serif; font-size:11.0pt">As per the budget announcement, the Ministry of Environment has been engaged in necessary planning for implementing the ban program. &ldquo;A taskforce has been formed to formulate standard regarding the usable and non-usable plastic bag,&quot; says Bishwo Nath Oli, Secretary of Ministry of Environment. He has also informed that the ministry is engaged in discussions with stakeholders to implement the ban . &quot;The program will be implemented in co-ordination and co-operation of different bodies of the government&quot;, he added.</span></p>

<p style="text-align:justify"><span style="color:black; font-family:georgia,serif; font-size:11.0pt">Similarly, the government has encouraged plastic bag manufacturers to switch to other environment friendly products. For this, government will levy just 1 percent customs duty on machineries and equipments and will waive value added tax completely, as per the budget.</span></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3795',
			'image' => '20160713105106_20160704012819_Plastic-Bag.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '3961',
			'article_category_id' => '1',
			'title' => 'KMC to Build Park at Tinkune',
			'sub_title' => '',
			'summary' => 'July 12: Kathmandu Municipality is constructing a park at Tinkune, Kathmandu with an expected cost of Rs 1.23 billion.  In order to build the park, Architects Design Associates has presented the initial design to Kathmandu Municipality. ',
			'content' => '<p style="text-align: justify;">July 12: Kathmandu Municipality is constructing a park at Tinkune, Kathmandu with an expected cost of Rs 1.23 billion. &nbsp;In order to build the park, Architects Design Associates has presented the initial design to Kathmandu Municipality. &nbsp;According to the initial design, the construction of the park will cost Rs 1.23 billion which will contain Sankhachakra Park, underground parking and Yoga space for 200 people at a time.</p>

<p style="text-align: justify;">The park will have a 16 metere long statue of Lord Budhha in its central part indicating Lord Buddha was born in Nepal. It has been informed that the park is being constructed to revive disturbed minds from hectic city life and provide visitors heartily pleasant environment.</p>

<p style="text-align: justify;">As per the design, there will be 12 entrances to reach the statue from the circle surrounding it. According to Sachin Maharjan, Designer of the Associates, the park will also have water fountain in its centre. It will prevent the visitors from getting disturbed from the noisy roads and enjoy the fascinating natural environment.</p>

<p style="text-align: justify;">After recieving the design, Rudra Singh Tamang, Chief and Executive Officer of Kathmandu Municipality said, &ldquo;The ambition and multi-year project has been forwarded for the prosperity of city. &nbsp;The design should have effective managment for underground parking and suitable pedestrian park entry.&quot;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3794',
			'image' => '20160712034353_park.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '3960',
			'article_category_id' => '1',
			'title' => 'Regulators failed in Controlling Insider Trading: Stakeholders',
			'sub_title' => '',
			'summary' => 'July 12: Stakeholders criticised stock market regulators on failure to control insider trading in which speculators gain profit by leaking internal information of the company. ',
			'content' => '<p style="text-align:justify">July 12: Stakeholders criticised stock market regulators on failure to control insider trading in which speculators gain profit by leaking internal information of the company. They expressed such opinion in the meeting organised by Securities Board of Nepal in a bid to collect suggestions on the program &lsquo;Policies and Programs for Capital Market Expansion and Development in FY 2073/74&rsquo;.</p>

<p style="text-align:justify">Stakeholders&rsquo; such opinion in the program created argument between SEBON and Nepal Stock Exchange (NEPSE).</p>

<p style="text-align:justify">In the program, Aatma Ram Ghimire, Chairman of Nepal Investors&rsquo; Forum stated that there is no meaning of conducting a meeting if investors&rsquo; complaints are not heard. &ldquo;Earlier also, we have given many suggestions. However, none of them has been implemented,&rdquo; he complained. Ghimire suggested SEBON and NEPSE to mutually work for the common interest of share investors regarding identity card, easy information and promotion of D-mat account and automated trading system (online trading software).</p>

<p style="text-align:justify">Additionally, he suggested both regulators to end blaming game on insider trading case and take required steps ASAP as it is already too late. He further said &ldquo;Board members of the companies are themselves involved in share trading in the name of relatives and confidants. SEBON should end the practice through conducting investigation and taking proper action against them.&rdquo; In the meeting, most of the speakers suggested SEBON to create proper environment to facilitate non residence Nepalis to invest in the stock market.</p>

<p style="text-align:justify">Meanwhile, Krishna Raj Lamichanne, Chairman of Development Bankers&rsquo; Association suggested to end long share trading closure of any company under going merger process.&nbsp; &ldquo;Share trading need not to be halted after the final evaluation of total assets and liabilities of the companies are done,&rdquo; he said. Similarly, he added &ldquo;Share investors&rsquo; money invested in initial public offering (IPO) should be returned to all types of BFIs accounts. Share investors who do not have access to commercial banks will suffer when the money is returned to commercial banks only.&rdquo;</p>

<p style="text-align:justify">Likewise, representatives of Nepal Microfinance Bankers&rsquo; Association demanded of allowing microfinance development banks to invest in the IPOs of other companies. They demanded separate allocation of IPO shares for microfinance banks as well as of mutual funds. Furthermore, they demanded reduction of commission for small companies while issuing IPOs.</p>

<p style="text-align:justify">In the program, officials of NEPSE informed of difficulty in operating daily task due to the shortage of employees. Reacting to the statement, SEBON addressed that human resource management is the primary responsibility of NEPSE thus failure to conduct the tasks due to any reason is not acceptable.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3793',
			'image' => '20160712032119_insider.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '3959',
			'article_category_id' => '1',
			'title' => 'RBB Appoints Baidhya and Pandey as Deputy CEO',
			'sub_title' => '',
			'summary' => 'July 12: Rastriya Banijya Bank (RBB) has given the responsibility of Deputy-CEO to  Bishnu Prasad Baidhya and Bhupendra Pandey.  Pandey and Baidhya were working as DGM in RBB.',
			'content' => '<p>July 12: Rastriya Banijya Bank (RBB) has given the responsibility of Deputy-CEO to &nbsp;Bishnu Prasad Baidhya and Bhupendra Pandey. &nbsp;Pandey and Baidhya were working as DGM in RBB. &ldquo;The BOD meeting held on July 5 has decided to provide this responsibility to Pandey and Baidhya,&rdquo; informs the bank in a press statement. According to the bank, the appointment has been effective from July 7.</p>

<p><img alt="" src="/userfiles/images/rbb1%281%29.jpg" style="height:279px; width:239px" /><img alt="" src="/userfiles/images/rbb%202%281%29.jpg" style="height:283px; width:257px" /></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3792',
			'image' => null,
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3958',
			'article_category_id' => '1',
			'title' => 'Pharma Industry under GMP Model Within mid-October',
			'sub_title' => '',
			'summary' => 'July 12: Pharmaceutical companies across the country will be operated under good manufacturing practice (GMP) model. “Preparations are underway so that all pharmaceutical companies will be operated under the GMP model within mid-October,” said Balkrishna Khakurel, Director General of Department of Drug Administration (DDA).  The industries will be shut down by the government if they do not comply with GMP model by the given period.',
			'content' => '<p style="text-align: justify;">July 12: Pharmaceutical companies across the country will be operated under good manufacturing practice (GMP) model. &ldquo;Preparations are underway so that all pharmaceutical companies will be operated under the GMP model within mid-October,&rdquo; said Balkrishna Khakurel, Director General of Department of Drug Administration (DDA).&nbsp; The industries will be shut down by the government if they do not comply with GMP model by the given period.</p>

<p style="text-align: justify;">Though the DDA had announced deadlines to implement the GMP model in the past, not all industries were able to follow the drug market regulator&rsquo;s decision. &ldquo;The entire industry will come under GMP model this time,&rdquo; he said. The exercise to implement the GMP model in Nepal started in 2008.</p>

<p style="text-align: justify;">According to DDA, currently 36 pharmaceuticals and one ayurvedic medicine manufacturer are following the model. &ldquo;Around 44 industries have received the GMP certificate,&rdquo; claimed Khakurel.</p>

<p style="text-align: justify;">There are 50 allopathic pharmaceutical industries operating in Nepal at present. Khakurel informs that the remaining companies have also submitted application for GMP certificates. &ldquo;Due to the lack of infrastructure, it was not being possible for the government to bring all the pharmaceutical industry under GMP in past,&rdquo; he said. However, the department claims that now the industries are capable to follow the practice.</p>

<p style="text-align: justify;">According to DDA, pharmaceuticals companies are required to follow GMP practices as a new directive based on the pharmaceutical production has already been issued.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3791',
			'image' => '20160712012754_cmp.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '3957',
			'article_category_id' => '1',
			'title' => 'Butwal Power Company to Increase Issued Capital',
			'sub_title' => '',
			'summary' => 'July 12: Special general meeting (SGM) of Butwal Power Company under the chairmanship of Padhya Jyoti, Board of Director (BOD) Chairman of the Company has decided to increase its issued capital to Rs 2.10 billion.',
			'content' => '<p style="text-align: justify;">July 12: Special general meeting (SGM) of Butwal Power Company under the chairmanship of Padhya Jyoti, Board of Director (BOD) Chairman of the Company has decided to increase its issued capital to Rs 2.10 billion. Presently, the issued capital of the company is Rs 1.67 billion. Similarly, the SGM has also decided to issue new shares in order to maintain the share proportion of general shareholders to 30 percent of the issued capital. Issuing a press statement the company informed that 5 percent of it will be provided to affected locals of Adhikhola Hydropower center and Jhimruk Hydropower center. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3790',
			'image' => '20160712012255_jyoti.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3956',
			'article_category_id' => '1',
			'title' => 'Plantation by Arghakhanchi Cement in Khanchikot',
			'sub_title' => '',
			'summary' => 'July 12: Arghakhanchi Cement Industry has conducted plantation in Khanchikot under its corporate social responsibility program. Issuing a press release the company informed that 1 thousand plants were planted in 2 hectares land.',
			'content' => '<p>July 12: Arghakhanchi Cement Industry has conducted plantation in Khanchikot under its corporate social responsibility program. Issuing a press release, the company informed of planting&nbsp;&nbsp;1 thousand plants in 2 hectares land.</p>

<p><span style="line-height:20.8px">According to the company, A</span>rghakhanchi Cement has been able to make its recognition in the market in a very short period and it also has been giving priority to Corporate Social Responsibility. T<span style="line-height:20.8px">he company informed of conducting&nbsp;</span><span style="line-height:1.6">&nbsp;</span><span style="line-height:20.8px">similar kind of programs in future&nbsp;</span><span style="line-height:1.6">giving high priority to environmental protection.</span></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3789',
			'image' => '20160712010716_argha.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '3955',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between JME and Tranglo',
			'sub_title' => '',
			'summary' => 'July 12: JME Remit and Tranglo Sdn Bhd has finalized an agreement regarding  payment of remittance. JME that has been inflowing remittance from the country like Japan has made the agreement with Tranglo in a bid to enhance its network.',
			'content' => '<p style="text-align: justify;">July 12: JME Remit and Tranglo Sdn Bhd has finalized an agreement regarding &nbsp;payment of remittance. JME that has been inflowing remittance from the country like Japan has made the agreement with Tranglo in a bid to enhance its network.</p>

<p style="text-align: justify;">According to a press statement issued by the company, Dipendra Joshi, Chairman of JME Remit and Sia Hui Yong, CEO of Tranglo signed the agreement on behalf of their respective companies. After the agreement, the money sent by Nepali workers in Malaysia could be received through more than 3,500 agents and sub-agents of JME in Nepal.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3788',
			'image' => '20160712125511_jme.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '3954',
			'article_category_id' => '1',
			'title' => 'Samsung Launches 2nd Gen SUHD TV     ',
			'sub_title' => '',
			'summary' => 'July 12: Korean consumer electronics brand Samsung has launched SUDH TV with second generation Quantum dot technology for the first time in Nepal. With the launching, the company has declared the beginning of the Quantum dot display era in Nepal. The first generation Samsung SUHD TVs with Quantum dot technology were launched in 2015 globally.',
			'content' => '<p>July 12: Korean consumer electronics brand Samsung has launched SUDH TV with second generation Quantum dot technology for the first time in Nepal. With the launching, the company has declared the beginning of the Quantum dot display era in Nepal. The first generation Samsung SUHD TVs with Quantum dot technology were launched in 2015 globally.</p>

<p>According to the company, SUDH TV lineup comes with&nbsp;a quantum leap in TV picture quality with &lsquo;HDR 1,000&rsquo; technology which expresses HDR with a peak brightness of 1,000 nit. &ldquo;Samsung has improved its color mapping algorithm and color accuracy by 25 percent for the new SUHD TV models,&rdquo; informs the company in a press statement.&nbsp;As per the statement, the new SUHD TVs can recreate brighter colors with lower energy consumption than first generation SUHD TVs along with the Ultra black panel and Samsung&rsquo;s Smart Hub features powered by the Tizen OS.</p>

<p>The company claims that SUHD TVs have 360&deg;&nbsp;degree designs that are perfect in any angle. &ldquo;We aimed to increase convenience for our consumers and developed the single remote that can easily control the surrounding devices while improving the design to that effect,&rdquo; said Yubeom Won, Vice President, Samsung India Electronics Limited.</p>

<p>The latest offering from Samsung are available in UA55KS9000 and UA65KS9000 models. Pre booking period for these products is from 12 July &ndash; 12 August 2016. Pre booking price for UA55KS9000 and US65KS9000 has been marked at Rs 419,000 and RS 629,000 respectively. Customers will get a Samsung Galaxy S7 and Samsung Gear VR free in the purchase SUDH TVs.&nbsp;Customers can purchase the products at Samsung Digital Plaza at Durbar Marg and Kumaripati.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3787',
			'image' => '20160712124415_samsung.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '3953',
			'article_category_id' => '1',
			'title' => 'Ford Endeavour launched in Chitwan',
			'sub_title' => '',
			'summary' => 'July 12: SH Motors, the authorised dealer of Ford for Chitwan has started the sale of Ford Endeavour.  According to Nirdesh Shedai, Managing Director of SH Motors said “SUV Ford Endeavour that has recently entered the Nep',
			'content' => '<p style="text-align: justify;">July 12: SH Motors, the authorised dealer of Ford for Chitwan has started the sale of Ford Endeavour.</p>

<p style="text-align: justify;">According to Nirdesh Shedai, Managing Director of SH Motors said &ldquo;SUV Ford Endeavour that has recently entered the Nepali market will also gain popularity in Chitwan at short period of time.&rdquo; Ford Endeavour has been produced using a modern technology with attractive design. Ford is available in 6 different colors like Sunset Red, Diamond White, and Panther Black. The market price of Ford Endeavour is 13 million.</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3786',
			'image' => '20160712123136_ford.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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' => '3967',
			'article_category_id' => '1',
			'title' => 'BOK Supports Dhurmus-Suntali Foundation',
			'sub_title' => '',
			'summary' => 'July 13: Bank of Kathmandu (BOK) has supported  Dhrumus-Suntali foundation with a fund of Rs 5,00,000 for the construction of homes for the devastating earthquake survivors.',
			'content' => '<p style="text-align: justify;">July 13: Bank of Kathmandu (BOK) has supported &nbsp;Dhrumus-Suntali foundation with a fund of Rs 5,00,000 for the construction of homes for the devastating earthquake survivors.</p>

<p style="text-align: justify;">Ajay Shrestha, CEO of Bank of Kathmandu handed over the amount to SitaramKattel, Chairman of Dhurmus Suntali Foundation amid a program organised in headqaurter office on July 13.</p>

<p style="text-align: justify;">Currently, the foundation is constructing 65 houses under a concept of integrated settlement development in Melamchi Municipality-8 Giranchaur of Sindhupalchowk district. Prior to this, the foundation involved in construction of 20 houses for earthquake victims of Kavre district.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3800',
			'image' => '20160713120831_bok.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '3966',
			'article_category_id' => '1',
			'title' => 'Global IME Bank Honored as 'Best Internet Bank 2016'',
			'sub_title' => '',
			'summary' => 'July 13: Global IME Bank is honored with the title 'Best Internet Bank 2016' . The bank was entitled by International Finance Magazine of London for providing quality internet banking services to its customers.',
			'content' => '<p style="text-align: justify;">July 13: Global IME Bank is honored with the title &#39;Best Internet Bank 2016&#39; . The bank was entitled by International Finance Magazine of London for providing quality internet banking services to its customers. The bank has been providing safe modern technological&nbsp; global internet banking&nbsp; and global smart mobile banking services to its customers.</p>

<p style="text-align: justify;">The bank which was opened with slogan &#39; Sabaika Lagi Bank &#39; has been providing financial services through 91 branches, 99 ATMs and 40 branchless banking services. The bank is also providing its services by opening representative offices at India and Australia.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3799',
			'image' => '20160713120320_global.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '3965',
			'article_category_id' => '1',
			'title' => 'Yamaha's Exchange Offer in Dhankuta',
			'sub_title' => '',
			'summary' => 'July 13: Yamaha Company has concluded 6 days long exchange camp in three cities of Dhankuta. According to Shankar Shrestha, Manager of MAW, the authorised distributor of Yamaha, the camp was held under ruler sales program.',
			'content' => '<p style="text-align: justify;">July 13: Yamaha Company has concluded 6 days long exchange camp in three cities of Dhankuta. According to Shankar Shrestha, Manager of MAW, the authorised distributor of Yamaha, the camp was held under ruler sales program.</p>

<p style="text-align: justify;">The camps were placed at Sindhuwa, Hile and Dhankuta bazaar with the management of Gajurmukhi Trade and Link, Dharan along with the collaboration of various bike workshops of Dhankuta. As per Mahesh Shrestha, Manager of Gajurmukhi Trade and Link, 30 Yamaha bikes were exchanged in the camps. In the exchange camps, old bikes were evaluated, &nbsp;financing facilities up to 50 percent and one year tax free service were provided, the organiser informed.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3798',
			'image' => '20160713114510_yamaha.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '3964',
			'article_category_id' => '1',
			'title' => 'Fanta Lemon in Nepali Market',
			'sub_title' => '',
			'summary' => 'July 13: Cocacola Nepal has launched Lemon Fanta in the Nepali market. According to the company, newly launched drink will provide energy and refreshment to its consumers.',
			'content' => '<p style="text-align: justify;">July 13: Cocacola Nepal has launched Lemon Fanta in the Nepali market. According to the company, newly launched drink will provide energy and refreshment to its consumers. Before launching, the company has surveyed with 42,000 sample products among the public. The company avail the new product in half liter bottle pack, as well. The company informs that half liter bottle packed product will be available across the country at Rs 65.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3797',
			'image' => '20160713113235_lemon.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '3963',
			'article_category_id' => '1',
			'title' => 'LG to Focus on Ultra-HD TVs',
			'sub_title' => '',
			'summary' => 'July 13: LG will be turning its attention towards premium ultra HD TV with big screen aiming the Rio Olympics and 2018 FIFA World Cup. According to the company, it has sold more 42 inches+ big screen TVs in recently concluded 2016 Euro Cup as well. ',
			'content' => '<p style="text-align: justify;">July 13: LG will be turning its attention towards premium ultra HD TV with big screen aiming the Rio Olympics and 2018 FIFA World Cup. According to the company, it has sold more 42 inches+ big screen TVs in recently concluded 2016 Euro Cup as well. Moreover, TVs of 49 inches, 55 inches and 60 inches are in high demand among the big screen TVs, &nbsp;informed the company.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3796',
			'image' => '20160713111815_lg.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '3962',
			'article_category_id' => '1',
			'title' => 'Plastic Bag Ban Effective from July 16',
			'sub_title' => '',
			'summary' => 'July 12: The government has decided to ban plastic bags throughout the country from July 16. Citing the negative effects of plastic and polypropylene on human health, environment and urban beauty, the government has decided to ban import, export, sales, distribution and consumption of such bags.',
			'content' => '<p style="text-align:justify"><span style="font-size:11.0pt">July 12: The government has decided to</span><span style="color:black; font-family:georgia,serif; font-size:11.0pt"> ban plastic bags throughout the country from July 16. Citing the negative effects of plastic and polypropylene on human health, environment and urban beauty, the government has decided to ban import, export, sales, distribution and consumption of such bags.</span></p>

<p style="text-align:justify"><span style="color:black; font-family:georgia,serif; font-size:11.0pt">As per the budget announcement, the Ministry of Environment has been engaged in necessary planning for implementing the ban program. &ldquo;A taskforce has been formed to formulate standard regarding the usable and non-usable plastic bag,&quot; says Bishwo Nath Oli, Secretary of Ministry of Environment. He has also informed that the ministry is engaged in discussions with stakeholders to implement the ban . &quot;The program will be implemented in co-ordination and co-operation of different bodies of the government&quot;, he added.</span></p>

<p style="text-align:justify"><span style="color:black; font-family:georgia,serif; font-size:11.0pt">Similarly, the government has encouraged plastic bag manufacturers to switch to other environment friendly products. For this, government will levy just 1 percent customs duty on machineries and equipments and will waive value added tax completely, as per the budget.</span></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3795',
			'image' => '20160713105106_20160704012819_Plastic-Bag.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '3961',
			'article_category_id' => '1',
			'title' => 'KMC to Build Park at Tinkune',
			'sub_title' => '',
			'summary' => 'July 12: Kathmandu Municipality is constructing a park at Tinkune, Kathmandu with an expected cost of Rs 1.23 billion.  In order to build the park, Architects Design Associates has presented the initial design to Kathmandu Municipality. ',
			'content' => '<p style="text-align: justify;">July 12: Kathmandu Municipality is constructing a park at Tinkune, Kathmandu with an expected cost of Rs 1.23 billion. &nbsp;In order to build the park, Architects Design Associates has presented the initial design to Kathmandu Municipality. &nbsp;According to the initial design, the construction of the park will cost Rs 1.23 billion which will contain Sankhachakra Park, underground parking and Yoga space for 200 people at a time.</p>

<p style="text-align: justify;">The park will have a 16 metere long statue of Lord Budhha in its central part indicating Lord Buddha was born in Nepal. It has been informed that the park is being constructed to revive disturbed minds from hectic city life and provide visitors heartily pleasant environment.</p>

<p style="text-align: justify;">As per the design, there will be 12 entrances to reach the statue from the circle surrounding it. According to Sachin Maharjan, Designer of the Associates, the park will also have water fountain in its centre. It will prevent the visitors from getting disturbed from the noisy roads and enjoy the fascinating natural environment.</p>

<p style="text-align: justify;">After recieving the design, Rudra Singh Tamang, Chief and Executive Officer of Kathmandu Municipality said, &ldquo;The ambition and multi-year project has been forwarded for the prosperity of city. &nbsp;The design should have effective managment for underground parking and suitable pedestrian park entry.&quot;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3794',
			'image' => '20160712034353_park.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '3960',
			'article_category_id' => '1',
			'title' => 'Regulators failed in Controlling Insider Trading: Stakeholders',
			'sub_title' => '',
			'summary' => 'July 12: Stakeholders criticised stock market regulators on failure to control insider trading in which speculators gain profit by leaking internal information of the company. ',
			'content' => '<p style="text-align:justify">July 12: Stakeholders criticised stock market regulators on failure to control insider trading in which speculators gain profit by leaking internal information of the company. They expressed such opinion in the meeting organised by Securities Board of Nepal in a bid to collect suggestions on the program &lsquo;Policies and Programs for Capital Market Expansion and Development in FY 2073/74&rsquo;.</p>

<p style="text-align:justify">Stakeholders&rsquo; such opinion in the program created argument between SEBON and Nepal Stock Exchange (NEPSE).</p>

<p style="text-align:justify">In the program, Aatma Ram Ghimire, Chairman of Nepal Investors&rsquo; Forum stated that there is no meaning of conducting a meeting if investors&rsquo; complaints are not heard. &ldquo;Earlier also, we have given many suggestions. However, none of them has been implemented,&rdquo; he complained. Ghimire suggested SEBON and NEPSE to mutually work for the common interest of share investors regarding identity card, easy information and promotion of D-mat account and automated trading system (online trading software).</p>

<p style="text-align:justify">Additionally, he suggested both regulators to end blaming game on insider trading case and take required steps ASAP as it is already too late. He further said &ldquo;Board members of the companies are themselves involved in share trading in the name of relatives and confidants. SEBON should end the practice through conducting investigation and taking proper action against them.&rdquo; In the meeting, most of the speakers suggested SEBON to create proper environment to facilitate non residence Nepalis to invest in the stock market.</p>

<p style="text-align:justify">Meanwhile, Krishna Raj Lamichanne, Chairman of Development Bankers&rsquo; Association suggested to end long share trading closure of any company under going merger process.&nbsp; &ldquo;Share trading need not to be halted after the final evaluation of total assets and liabilities of the companies are done,&rdquo; he said. Similarly, he added &ldquo;Share investors&rsquo; money invested in initial public offering (IPO) should be returned to all types of BFIs accounts. Share investors who do not have access to commercial banks will suffer when the money is returned to commercial banks only.&rdquo;</p>

<p style="text-align:justify">Likewise, representatives of Nepal Microfinance Bankers&rsquo; Association demanded of allowing microfinance development banks to invest in the IPOs of other companies. They demanded separate allocation of IPO shares for microfinance banks as well as of mutual funds. Furthermore, they demanded reduction of commission for small companies while issuing IPOs.</p>

<p style="text-align:justify">In the program, officials of NEPSE informed of difficulty in operating daily task due to the shortage of employees. Reacting to the statement, SEBON addressed that human resource management is the primary responsibility of NEPSE thus failure to conduct the tasks due to any reason is not acceptable.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3793',
			'image' => '20160712032119_insider.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '3959',
			'article_category_id' => '1',
			'title' => 'RBB Appoints Baidhya and Pandey as Deputy CEO',
			'sub_title' => '',
			'summary' => 'July 12: Rastriya Banijya Bank (RBB) has given the responsibility of Deputy-CEO to  Bishnu Prasad Baidhya and Bhupendra Pandey.  Pandey and Baidhya were working as DGM in RBB.',
			'content' => '<p>July 12: Rastriya Banijya Bank (RBB) has given the responsibility of Deputy-CEO to &nbsp;Bishnu Prasad Baidhya and Bhupendra Pandey. &nbsp;Pandey and Baidhya were working as DGM in RBB. &ldquo;The BOD meeting held on July 5 has decided to provide this responsibility to Pandey and Baidhya,&rdquo; informs the bank in a press statement. According to the bank, the appointment has been effective from July 7.</p>

<p><img alt="" src="/userfiles/images/rbb1%281%29.jpg" style="height:279px; width:239px" /><img alt="" src="/userfiles/images/rbb%202%281%29.jpg" style="height:283px; width:257px" /></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3792',
			'image' => null,
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3958',
			'article_category_id' => '1',
			'title' => 'Pharma Industry under GMP Model Within mid-October',
			'sub_title' => '',
			'summary' => 'July 12: Pharmaceutical companies across the country will be operated under good manufacturing practice (GMP) model. “Preparations are underway so that all pharmaceutical companies will be operated under the GMP model within mid-October,” said Balkrishna Khakurel, Director General of Department of Drug Administration (DDA).  The industries will be shut down by the government if they do not comply with GMP model by the given period.',
			'content' => '<p style="text-align: justify;">July 12: Pharmaceutical companies across the country will be operated under good manufacturing practice (GMP) model. &ldquo;Preparations are underway so that all pharmaceutical companies will be operated under the GMP model within mid-October,&rdquo; said Balkrishna Khakurel, Director General of Department of Drug Administration (DDA).&nbsp; The industries will be shut down by the government if they do not comply with GMP model by the given period.</p>

<p style="text-align: justify;">Though the DDA had announced deadlines to implement the GMP model in the past, not all industries were able to follow the drug market regulator&rsquo;s decision. &ldquo;The entire industry will come under GMP model this time,&rdquo; he said. The exercise to implement the GMP model in Nepal started in 2008.</p>

<p style="text-align: justify;">According to DDA, currently 36 pharmaceuticals and one ayurvedic medicine manufacturer are following the model. &ldquo;Around 44 industries have received the GMP certificate,&rdquo; claimed Khakurel.</p>

<p style="text-align: justify;">There are 50 allopathic pharmaceutical industries operating in Nepal at present. Khakurel informs that the remaining companies have also submitted application for GMP certificates. &ldquo;Due to the lack of infrastructure, it was not being possible for the government to bring all the pharmaceutical industry under GMP in past,&rdquo; he said. However, the department claims that now the industries are capable to follow the practice.</p>

<p style="text-align: justify;">According to DDA, pharmaceuticals companies are required to follow GMP practices as a new directive based on the pharmaceutical production has already been issued.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3791',
			'image' => '20160712012754_cmp.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '3957',
			'article_category_id' => '1',
			'title' => 'Butwal Power Company to Increase Issued Capital',
			'sub_title' => '',
			'summary' => 'July 12: Special general meeting (SGM) of Butwal Power Company under the chairmanship of Padhya Jyoti, Board of Director (BOD) Chairman of the Company has decided to increase its issued capital to Rs 2.10 billion.',
			'content' => '<p style="text-align: justify;">July 12: Special general meeting (SGM) of Butwal Power Company under the chairmanship of Padhya Jyoti, Board of Director (BOD) Chairman of the Company has decided to increase its issued capital to Rs 2.10 billion. Presently, the issued capital of the company is Rs 1.67 billion. Similarly, the SGM has also decided to issue new shares in order to maintain the share proportion of general shareholders to 30 percent of the issued capital. Issuing a press statement the company informed that 5 percent of it will be provided to affected locals of Adhikhola Hydropower center and Jhimruk Hydropower center. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3790',
			'image' => '20160712012255_jyoti.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3956',
			'article_category_id' => '1',
			'title' => 'Plantation by Arghakhanchi Cement in Khanchikot',
			'sub_title' => '',
			'summary' => 'July 12: Arghakhanchi Cement Industry has conducted plantation in Khanchikot under its corporate social responsibility program. Issuing a press release the company informed that 1 thousand plants were planted in 2 hectares land.',
			'content' => '<p>July 12: Arghakhanchi Cement Industry has conducted plantation in Khanchikot under its corporate social responsibility program. Issuing a press release, the company informed of planting&nbsp;&nbsp;1 thousand plants in 2 hectares land.</p>

<p><span style="line-height:20.8px">According to the company, A</span>rghakhanchi Cement has been able to make its recognition in the market in a very short period and it also has been giving priority to Corporate Social Responsibility. T<span style="line-height:20.8px">he company informed of conducting&nbsp;</span><span style="line-height:1.6">&nbsp;</span><span style="line-height:20.8px">similar kind of programs in future&nbsp;</span><span style="line-height:1.6">giving high priority to environmental protection.</span></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3789',
			'image' => '20160712010716_argha.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '3955',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between JME and Tranglo',
			'sub_title' => '',
			'summary' => 'July 12: JME Remit and Tranglo Sdn Bhd has finalized an agreement regarding  payment of remittance. JME that has been inflowing remittance from the country like Japan has made the agreement with Tranglo in a bid to enhance its network.',
			'content' => '<p style="text-align: justify;">July 12: JME Remit and Tranglo Sdn Bhd has finalized an agreement regarding &nbsp;payment of remittance. JME that has been inflowing remittance from the country like Japan has made the agreement with Tranglo in a bid to enhance its network.</p>

<p style="text-align: justify;">According to a press statement issued by the company, Dipendra Joshi, Chairman of JME Remit and Sia Hui Yong, CEO of Tranglo signed the agreement on behalf of their respective companies. After the agreement, the money sent by Nepali workers in Malaysia could be received through more than 3,500 agents and sub-agents of JME in Nepal.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3788',
			'image' => '20160712125511_jme.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '3954',
			'article_category_id' => '1',
			'title' => 'Samsung Launches 2nd Gen SUHD TV     ',
			'sub_title' => '',
			'summary' => 'July 12: Korean consumer electronics brand Samsung has launched SUDH TV with second generation Quantum dot technology for the first time in Nepal. With the launching, the company has declared the beginning of the Quantum dot display era in Nepal. The first generation Samsung SUHD TVs with Quantum dot technology were launched in 2015 globally.',
			'content' => '<p>July 12: Korean consumer electronics brand Samsung has launched SUDH TV with second generation Quantum dot technology for the first time in Nepal. With the launching, the company has declared the beginning of the Quantum dot display era in Nepal. The first generation Samsung SUHD TVs with Quantum dot technology were launched in 2015 globally.</p>

<p>According to the company, SUDH TV lineup comes with&nbsp;a quantum leap in TV picture quality with &lsquo;HDR 1,000&rsquo; technology which expresses HDR with a peak brightness of 1,000 nit. &ldquo;Samsung has improved its color mapping algorithm and color accuracy by 25 percent for the new SUHD TV models,&rdquo; informs the company in a press statement.&nbsp;As per the statement, the new SUHD TVs can recreate brighter colors with lower energy consumption than first generation SUHD TVs along with the Ultra black panel and Samsung&rsquo;s Smart Hub features powered by the Tizen OS.</p>

<p>The company claims that SUHD TVs have 360&deg;&nbsp;degree designs that are perfect in any angle. &ldquo;We aimed to increase convenience for our consumers and developed the single remote that can easily control the surrounding devices while improving the design to that effect,&rdquo; said Yubeom Won, Vice President, Samsung India Electronics Limited.</p>

<p>The latest offering from Samsung are available in UA55KS9000 and UA65KS9000 models. Pre booking period for these products is from 12 July &ndash; 12 August 2016. Pre booking price for UA55KS9000 and US65KS9000 has been marked at Rs 419,000 and RS 629,000 respectively. Customers will get a Samsung Galaxy S7 and Samsung Gear VR free in the purchase SUDH TVs.&nbsp;Customers can purchase the products at Samsung Digital Plaza at Durbar Marg and Kumaripati.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3787',
			'image' => '20160712124415_samsung.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '3953',
			'article_category_id' => '1',
			'title' => 'Ford Endeavour launched in Chitwan',
			'sub_title' => '',
			'summary' => 'July 12: SH Motors, the authorised dealer of Ford for Chitwan has started the sale of Ford Endeavour.  According to Nirdesh Shedai, Managing Director of SH Motors said “SUV Ford Endeavour that has recently entered the Nep',
			'content' => '<p style="text-align: justify;">July 12: SH Motors, the authorised dealer of Ford for Chitwan has started the sale of Ford Endeavour.</p>

<p style="text-align: justify;">According to Nirdesh Shedai, Managing Director of SH Motors said &ldquo;SUV Ford Endeavour that has recently entered the Nepali market will also gain popularity in Chitwan at short period of time.&rdquo; Ford Endeavour has been produced using a modern technology with attractive design. Ford is available in 6 different colors like Sunset Red, Diamond White, and Panther Black. The market price of Ford Endeavour is 13 million.</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3786',
			'image' => '20160712123136_ford.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '3967',
			'article_category_id' => '1',
			'title' => 'BOK Supports Dhurmus-Suntali Foundation',
			'sub_title' => '',
			'summary' => 'July 13: Bank of Kathmandu (BOK) has supported  Dhrumus-Suntali foundation with a fund of Rs 5,00,000 for the construction of homes for the devastating earthquake survivors.',
			'content' => '<p style="text-align: justify;">July 13: Bank of Kathmandu (BOK) has supported &nbsp;Dhrumus-Suntali foundation with a fund of Rs 5,00,000 for the construction of homes for the devastating earthquake survivors.</p>

<p style="text-align: justify;">Ajay Shrestha, CEO of Bank of Kathmandu handed over the amount to SitaramKattel, Chairman of Dhurmus Suntali Foundation amid a program organised in headqaurter office on July 13.</p>

<p style="text-align: justify;">Currently, the foundation is constructing 65 houses under a concept of integrated settlement development in Melamchi Municipality-8 Giranchaur of Sindhupalchowk district. Prior to this, the foundation involved in construction of 20 houses for earthquake victims of Kavre district.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3800',
			'image' => '20160713120831_bok.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '3966',
			'article_category_id' => '1',
			'title' => 'Global IME Bank Honored as 'Best Internet Bank 2016'',
			'sub_title' => '',
			'summary' => 'July 13: Global IME Bank is honored with the title 'Best Internet Bank 2016' . The bank was entitled by International Finance Magazine of London for providing quality internet banking services to its customers.',
			'content' => '<p style="text-align: justify;">July 13: Global IME Bank is honored with the title &#39;Best Internet Bank 2016&#39; . The bank was entitled by International Finance Magazine of London for providing quality internet banking services to its customers. The bank has been providing safe modern technological&nbsp; global internet banking&nbsp; and global smart mobile banking services to its customers.</p>

<p style="text-align: justify;">The bank which was opened with slogan &#39; Sabaika Lagi Bank &#39; has been providing financial services through 91 branches, 99 ATMs and 40 branchless banking services. The bank is also providing its services by opening representative offices at India and Australia.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3799',
			'image' => '20160713120320_global.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '3965',
			'article_category_id' => '1',
			'title' => 'Yamaha's Exchange Offer in Dhankuta',
			'sub_title' => '',
			'summary' => 'July 13: Yamaha Company has concluded 6 days long exchange camp in three cities of Dhankuta. According to Shankar Shrestha, Manager of MAW, the authorised distributor of Yamaha, the camp was held under ruler sales program.',
			'content' => '<p style="text-align: justify;">July 13: Yamaha Company has concluded 6 days long exchange camp in three cities of Dhankuta. According to Shankar Shrestha, Manager of MAW, the authorised distributor of Yamaha, the camp was held under ruler sales program.</p>

<p style="text-align: justify;">The camps were placed at Sindhuwa, Hile and Dhankuta bazaar with the management of Gajurmukhi Trade and Link, Dharan along with the collaboration of various bike workshops of Dhankuta. As per Mahesh Shrestha, Manager of Gajurmukhi Trade and Link, 30 Yamaha bikes were exchanged in the camps. In the exchange camps, old bikes were evaluated, &nbsp;financing facilities up to 50 percent and one year tax free service were provided, the organiser informed.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3798',
			'image' => '20160713114510_yamaha.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '3964',
			'article_category_id' => '1',
			'title' => 'Fanta Lemon in Nepali Market',
			'sub_title' => '',
			'summary' => 'July 13: Cocacola Nepal has launched Lemon Fanta in the Nepali market. According to the company, newly launched drink will provide energy and refreshment to its consumers.',
			'content' => '<p style="text-align: justify;">July 13: Cocacola Nepal has launched Lemon Fanta in the Nepali market. According to the company, newly launched drink will provide energy and refreshment to its consumers. Before launching, the company has surveyed with 42,000 sample products among the public. The company avail the new product in half liter bottle pack, as well. The company informs that half liter bottle packed product will be available across the country at Rs 65.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3797',
			'image' => '20160713113235_lemon.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '3963',
			'article_category_id' => '1',
			'title' => 'LG to Focus on Ultra-HD TVs',
			'sub_title' => '',
			'summary' => 'July 13: LG will be turning its attention towards premium ultra HD TV with big screen aiming the Rio Olympics and 2018 FIFA World Cup. According to the company, it has sold more 42 inches+ big screen TVs in recently concluded 2016 Euro Cup as well. ',
			'content' => '<p style="text-align: justify;">July 13: LG will be turning its attention towards premium ultra HD TV with big screen aiming the Rio Olympics and 2018 FIFA World Cup. According to the company, it has sold more 42 inches+ big screen TVs in recently concluded 2016 Euro Cup as well. Moreover, TVs of 49 inches, 55 inches and 60 inches are in high demand among the big screen TVs, &nbsp;informed the company.</p>
',
			'published' => true,
			'created' => '2016-07-13',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3796',
			'image' => '20160713111815_lg.jpg',
			'article_date' => '2016-07-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '3962',
			'article_category_id' => '1',
			'title' => 'Plastic Bag Ban Effective from July 16',
			'sub_title' => '',
			'summary' => 'July 12: The government has decided to ban plastic bags throughout the country from July 16. Citing the negative effects of plastic and polypropylene on human health, environment and urban beauty, the government has decided to ban import, export, sales, distribution and consumption of such bags.',
			'content' => '<p style="text-align:justify"><span style="font-size:11.0pt">July 12: The government has decided to</span><span style="color:black; font-family:georgia,serif; font-size:11.0pt"> ban plastic bags throughout the country from July 16. Citing the negative effects of plastic and polypropylene on human health, environment and urban beauty, the government has decided to ban import, export, sales, distribution and consumption of such bags.</span></p>

<p style="text-align:justify"><span style="color:black; font-family:georgia,serif; font-size:11.0pt">As per the budget announcement, the Ministry of Environment has been engaged in necessary planning for implementing the ban program. &ldquo;A taskforce has been formed to formulate standard regarding the usable and non-usable plastic bag,&quot; says Bishwo Nath Oli, Secretary of Ministry of Environment. He has also informed that the ministry is engaged in discussions with stakeholders to implement the ban . &quot;The program will be implemented in co-ordination and co-operation of different bodies of the government&quot;, he added.</span></p>

<p style="text-align:justify"><span style="color:black; font-family:georgia,serif; font-size:11.0pt">Similarly, the government has encouraged plastic bag manufacturers to switch to other environment friendly products. For this, government will levy just 1 percent customs duty on machineries and equipments and will waive value added tax completely, as per the budget.</span></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3795',
			'image' => '20160713105106_20160704012819_Plastic-Bag.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '3961',
			'article_category_id' => '1',
			'title' => 'KMC to Build Park at Tinkune',
			'sub_title' => '',
			'summary' => 'July 12: Kathmandu Municipality is constructing a park at Tinkune, Kathmandu with an expected cost of Rs 1.23 billion.  In order to build the park, Architects Design Associates has presented the initial design to Kathmandu Municipality. ',
			'content' => '<p style="text-align: justify;">July 12: Kathmandu Municipality is constructing a park at Tinkune, Kathmandu with an expected cost of Rs 1.23 billion. &nbsp;In order to build the park, Architects Design Associates has presented the initial design to Kathmandu Municipality. &nbsp;According to the initial design, the construction of the park will cost Rs 1.23 billion which will contain Sankhachakra Park, underground parking and Yoga space for 200 people at a time.</p>

<p style="text-align: justify;">The park will have a 16 metere long statue of Lord Budhha in its central part indicating Lord Buddha was born in Nepal. It has been informed that the park is being constructed to revive disturbed minds from hectic city life and provide visitors heartily pleasant environment.</p>

<p style="text-align: justify;">As per the design, there will be 12 entrances to reach the statue from the circle surrounding it. According to Sachin Maharjan, Designer of the Associates, the park will also have water fountain in its centre. It will prevent the visitors from getting disturbed from the noisy roads and enjoy the fascinating natural environment.</p>

<p style="text-align: justify;">After recieving the design, Rudra Singh Tamang, Chief and Executive Officer of Kathmandu Municipality said, &ldquo;The ambition and multi-year project has been forwarded for the prosperity of city. &nbsp;The design should have effective managment for underground parking and suitable pedestrian park entry.&quot;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3794',
			'image' => '20160712034353_park.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '3960',
			'article_category_id' => '1',
			'title' => 'Regulators failed in Controlling Insider Trading: Stakeholders',
			'sub_title' => '',
			'summary' => 'July 12: Stakeholders criticised stock market regulators on failure to control insider trading in which speculators gain profit by leaking internal information of the company. ',
			'content' => '<p style="text-align:justify">July 12: Stakeholders criticised stock market regulators on failure to control insider trading in which speculators gain profit by leaking internal information of the company. They expressed such opinion in the meeting organised by Securities Board of Nepal in a bid to collect suggestions on the program &lsquo;Policies and Programs for Capital Market Expansion and Development in FY 2073/74&rsquo;.</p>

<p style="text-align:justify">Stakeholders&rsquo; such opinion in the program created argument between SEBON and Nepal Stock Exchange (NEPSE).</p>

<p style="text-align:justify">In the program, Aatma Ram Ghimire, Chairman of Nepal Investors&rsquo; Forum stated that there is no meaning of conducting a meeting if investors&rsquo; complaints are not heard. &ldquo;Earlier also, we have given many suggestions. However, none of them has been implemented,&rdquo; he complained. Ghimire suggested SEBON and NEPSE to mutually work for the common interest of share investors regarding identity card, easy information and promotion of D-mat account and automated trading system (online trading software).</p>

<p style="text-align:justify">Additionally, he suggested both regulators to end blaming game on insider trading case and take required steps ASAP as it is already too late. He further said &ldquo;Board members of the companies are themselves involved in share trading in the name of relatives and confidants. SEBON should end the practice through conducting investigation and taking proper action against them.&rdquo; In the meeting, most of the speakers suggested SEBON to create proper environment to facilitate non residence Nepalis to invest in the stock market.</p>

<p style="text-align:justify">Meanwhile, Krishna Raj Lamichanne, Chairman of Development Bankers&rsquo; Association suggested to end long share trading closure of any company under going merger process.&nbsp; &ldquo;Share trading need not to be halted after the final evaluation of total assets and liabilities of the companies are done,&rdquo; he said. Similarly, he added &ldquo;Share investors&rsquo; money invested in initial public offering (IPO) should be returned to all types of BFIs accounts. Share investors who do not have access to commercial banks will suffer when the money is returned to commercial banks only.&rdquo;</p>

<p style="text-align:justify">Likewise, representatives of Nepal Microfinance Bankers&rsquo; Association demanded of allowing microfinance development banks to invest in the IPOs of other companies. They demanded separate allocation of IPO shares for microfinance banks as well as of mutual funds. Furthermore, they demanded reduction of commission for small companies while issuing IPOs.</p>

<p style="text-align:justify">In the program, officials of NEPSE informed of difficulty in operating daily task due to the shortage of employees. Reacting to the statement, SEBON addressed that human resource management is the primary responsibility of NEPSE thus failure to conduct the tasks due to any reason is not acceptable.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3793',
			'image' => '20160712032119_insider.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '3959',
			'article_category_id' => '1',
			'title' => 'RBB Appoints Baidhya and Pandey as Deputy CEO',
			'sub_title' => '',
			'summary' => 'July 12: Rastriya Banijya Bank (RBB) has given the responsibility of Deputy-CEO to  Bishnu Prasad Baidhya and Bhupendra Pandey.  Pandey and Baidhya were working as DGM in RBB.',
			'content' => '<p>July 12: Rastriya Banijya Bank (RBB) has given the responsibility of Deputy-CEO to &nbsp;Bishnu Prasad Baidhya and Bhupendra Pandey. &nbsp;Pandey and Baidhya were working as DGM in RBB. &ldquo;The BOD meeting held on July 5 has decided to provide this responsibility to Pandey and Baidhya,&rdquo; informs the bank in a press statement. According to the bank, the appointment has been effective from July 7.</p>

<p><img alt="" src="/userfiles/images/rbb1%281%29.jpg" style="height:279px; width:239px" /><img alt="" src="/userfiles/images/rbb%202%281%29.jpg" style="height:283px; width:257px" /></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3792',
			'image' => null,
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3958',
			'article_category_id' => '1',
			'title' => 'Pharma Industry under GMP Model Within mid-October',
			'sub_title' => '',
			'summary' => 'July 12: Pharmaceutical companies across the country will be operated under good manufacturing practice (GMP) model. “Preparations are underway so that all pharmaceutical companies will be operated under the GMP model within mid-October,” said Balkrishna Khakurel, Director General of Department of Drug Administration (DDA).  The industries will be shut down by the government if they do not comply with GMP model by the given period.',
			'content' => '<p style="text-align: justify;">July 12: Pharmaceutical companies across the country will be operated under good manufacturing practice (GMP) model. &ldquo;Preparations are underway so that all pharmaceutical companies will be operated under the GMP model within mid-October,&rdquo; said Balkrishna Khakurel, Director General of Department of Drug Administration (DDA).&nbsp; The industries will be shut down by the government if they do not comply with GMP model by the given period.</p>

<p style="text-align: justify;">Though the DDA had announced deadlines to implement the GMP model in the past, not all industries were able to follow the drug market regulator&rsquo;s decision. &ldquo;The entire industry will come under GMP model this time,&rdquo; he said. The exercise to implement the GMP model in Nepal started in 2008.</p>

<p style="text-align: justify;">According to DDA, currently 36 pharmaceuticals and one ayurvedic medicine manufacturer are following the model. &ldquo;Around 44 industries have received the GMP certificate,&rdquo; claimed Khakurel.</p>

<p style="text-align: justify;">There are 50 allopathic pharmaceutical industries operating in Nepal at present. Khakurel informs that the remaining companies have also submitted application for GMP certificates. &ldquo;Due to the lack of infrastructure, it was not being possible for the government to bring all the pharmaceutical industry under GMP in past,&rdquo; he said. However, the department claims that now the industries are capable to follow the practice.</p>

<p style="text-align: justify;">According to DDA, pharmaceuticals companies are required to follow GMP practices as a new directive based on the pharmaceutical production has already been issued.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3791',
			'image' => '20160712012754_cmp.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '3957',
			'article_category_id' => '1',
			'title' => 'Butwal Power Company to Increase Issued Capital',
			'sub_title' => '',
			'summary' => 'July 12: Special general meeting (SGM) of Butwal Power Company under the chairmanship of Padhya Jyoti, Board of Director (BOD) Chairman of the Company has decided to increase its issued capital to Rs 2.10 billion.',
			'content' => '<p style="text-align: justify;">July 12: Special general meeting (SGM) of Butwal Power Company under the chairmanship of Padhya Jyoti, Board of Director (BOD) Chairman of the Company has decided to increase its issued capital to Rs 2.10 billion. Presently, the issued capital of the company is Rs 1.67 billion. Similarly, the SGM has also decided to issue new shares in order to maintain the share proportion of general shareholders to 30 percent of the issued capital. Issuing a press statement the company informed that 5 percent of it will be provided to affected locals of Adhikhola Hydropower center and Jhimruk Hydropower center. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3790',
			'image' => '20160712012255_jyoti.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3956',
			'article_category_id' => '1',
			'title' => 'Plantation by Arghakhanchi Cement in Khanchikot',
			'sub_title' => '',
			'summary' => 'July 12: Arghakhanchi Cement Industry has conducted plantation in Khanchikot under its corporate social responsibility program. Issuing a press release the company informed that 1 thousand plants were planted in 2 hectares land.',
			'content' => '<p>July 12: Arghakhanchi Cement Industry has conducted plantation in Khanchikot under its corporate social responsibility program. Issuing a press release, the company informed of planting&nbsp;&nbsp;1 thousand plants in 2 hectares land.</p>

<p><span style="line-height:20.8px">According to the company, A</span>rghakhanchi Cement has been able to make its recognition in the market in a very short period and it also has been giving priority to Corporate Social Responsibility. T<span style="line-height:20.8px">he company informed of conducting&nbsp;</span><span style="line-height:1.6">&nbsp;</span><span style="line-height:20.8px">similar kind of programs in future&nbsp;</span><span style="line-height:1.6">giving high priority to environmental protection.</span></p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3789',
			'image' => '20160712010716_argha.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '3955',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between JME and Tranglo',
			'sub_title' => '',
			'summary' => 'July 12: JME Remit and Tranglo Sdn Bhd has finalized an agreement regarding  payment of remittance. JME that has been inflowing remittance from the country like Japan has made the agreement with Tranglo in a bid to enhance its network.',
			'content' => '<p style="text-align: justify;">July 12: JME Remit and Tranglo Sdn Bhd has finalized an agreement regarding &nbsp;payment of remittance. JME that has been inflowing remittance from the country like Japan has made the agreement with Tranglo in a bid to enhance its network.</p>

<p style="text-align: justify;">According to a press statement issued by the company, Dipendra Joshi, Chairman of JME Remit and Sia Hui Yong, CEO of Tranglo signed the agreement on behalf of their respective companies. After the agreement, the money sent by Nepali workers in Malaysia could be received through more than 3,500 agents and sub-agents of JME in Nepal.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3788',
			'image' => '20160712125511_jme.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '3954',
			'article_category_id' => '1',
			'title' => 'Samsung Launches 2nd Gen SUHD TV     ',
			'sub_title' => '',
			'summary' => 'July 12: Korean consumer electronics brand Samsung has launched SUDH TV with second generation Quantum dot technology for the first time in Nepal. With the launching, the company has declared the beginning of the Quantum dot display era in Nepal. The first generation Samsung SUHD TVs with Quantum dot technology were launched in 2015 globally.',
			'content' => '<p>July 12: Korean consumer electronics brand Samsung has launched SUDH TV with second generation Quantum dot technology for the first time in Nepal. With the launching, the company has declared the beginning of the Quantum dot display era in Nepal. The first generation Samsung SUHD TVs with Quantum dot technology were launched in 2015 globally.</p>

<p>According to the company, SUDH TV lineup comes with&nbsp;a quantum leap in TV picture quality with &lsquo;HDR 1,000&rsquo; technology which expresses HDR with a peak brightness of 1,000 nit. &ldquo;Samsung has improved its color mapping algorithm and color accuracy by 25 percent for the new SUHD TV models,&rdquo; informs the company in a press statement.&nbsp;As per the statement, the new SUHD TVs can recreate brighter colors with lower energy consumption than first generation SUHD TVs along with the Ultra black panel and Samsung&rsquo;s Smart Hub features powered by the Tizen OS.</p>

<p>The company claims that SUHD TVs have 360&deg;&nbsp;degree designs that are perfect in any angle. &ldquo;We aimed to increase convenience for our consumers and developed the single remote that can easily control the surrounding devices while improving the design to that effect,&rdquo; said Yubeom Won, Vice President, Samsung India Electronics Limited.</p>

<p>The latest offering from Samsung are available in UA55KS9000 and UA65KS9000 models. Pre booking period for these products is from 12 July &ndash; 12 August 2016. Pre booking price for UA55KS9000 and US65KS9000 has been marked at Rs 419,000 and RS 629,000 respectively. Customers will get a Samsung Galaxy S7 and Samsung Gear VR free in the purchase SUDH TVs.&nbsp;Customers can purchase the products at Samsung Digital Plaza at Durbar Marg and Kumaripati.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3787',
			'image' => '20160712124415_samsung.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '3953',
			'article_category_id' => '1',
			'title' => 'Ford Endeavour launched in Chitwan',
			'sub_title' => '',
			'summary' => 'July 12: SH Motors, the authorised dealer of Ford for Chitwan has started the sale of Ford Endeavour.  According to Nirdesh Shedai, Managing Director of SH Motors said “SUV Ford Endeavour that has recently entered the Nep',
			'content' => '<p style="text-align: justify;">July 12: SH Motors, the authorised dealer of Ford for Chitwan has started the sale of Ford Endeavour.</p>

<p style="text-align: justify;">According to Nirdesh Shedai, Managing Director of SH Motors said &ldquo;SUV Ford Endeavour that has recently entered the Nepali market will also gain popularity in Chitwan at short period of time.&rdquo; Ford Endeavour has been produced using a modern technology with attractive design. Ford is available in 6 different colors like Sunset Red, Diamond White, and Panther Black. The market price of Ford Endeavour is 13 million.</p>
',
			'published' => true,
			'created' => '2016-07-12',
			'modified' => '2016-07-12',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3786',
			'image' => '20160712123136_ford.jpg',
			'article_date' => '2016-07-12 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117