December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing…
December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing…
December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20.…
December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general…
December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest…
December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come…
December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing…
December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in…
December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing…
December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over…
December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on…
December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes…
December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a…
December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric…
December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International…
December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000…
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' => '16457', 'article_category_id' => '1', 'title' => 'South Korea run out of luck as Brazil outclass the Asian side', 'sub_title' => '', 'summary' => 'December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing down.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing down with a last 16 humiliation at the hands of five-times champions Brazil, Reuters reported, adding that the Asian side's luck finally ran out in Qatar.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the news agency, Korea had qualified for the knockout stages by the skin of their teeth after beating Portugal at the death, watching the end of the other group game on mobile phones with frayed nerves as they waited for Ghana to deny Uruguay a decisive goal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Much to their relief, Uruguay were denied second place in the group as Ghana held on. The Koreans cried tears of joy when qualification was sealed, but three days later their fans would weep in despair.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Korea's reward for reaching the last 16 for the first time since 2010 was a showdown with pre-tournament favourites Brazil, who not so much waltzed into the quarter-finals but oozed class as they literally danced the samba in a 4-1 win at Stadium 974, added Reuters.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-06', 'modified' => '2022-12-06', 'keywords' => '', 'description' => '', 'sortorder' => '16198', 'image' => '20221206100347_brazil-dance-world-cup-vinicius-neymar.jpg', 'article_date' => '2022-12-06 10:02:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16456', 'article_category_id' => '1', 'title' => 'Seventeen Independent Candidates Elected Nationwide', 'sub_title' => '', 'summary' => 'December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20. As per the Election Commission, five independent candidates were elected to the lower house of the federal parliament while twelve independents got elected to the provincial assemblies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Election Commission, six independent candidates were elected to the Madhes Provincial Assembly, three to the Lumbini Provincial Assembly and one to Gandaki Provincial Assembly. Likewise, one independent candidate each was elected to Karnali and Sudurpaschim provincial assemblies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Yogendra Mandal was elected to the House of Representatives from Morang constituency-1 while Amresh Kumar Singh and Kiran Kumar Sah were elected members of the lower house of parliament from Sarlahi constituency-4 and Rautahat constituency-2 respectively. Likewise, Prabhu Sah and Lalbir Chaudhary made it to the House of Representatives from Rautahat-3 and Bardiya constituency-2 respectively.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, Anirudda Kumar Singh, Surita Kumari Sah, Jawahar Lal Kusahawa, Keshav Ray, Sharada Prasad Kalwar and Pramod Kumar Jaisawal have been elected to the Madhes Provincial Assembly. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Rajiv Gurung was elected to the Gandaki Provincial Assembly while Surul Pun, Dipendra Kumar Pun Magar and Khadga Basnet have been elected to the Lumbini Provincial Assembly. Devendra Bahadur Shahii and Tara Prasad Joshi made it to the Karnali Provincial Assembly and Sudurpaschim Provincial Assembly respectively.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16197', 'image' => '20221205043504_20220805085711_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-12-05 16:34:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16455', 'article_category_id' => '1', 'title' => 'EU Bans Cough Syrup Chemical over Severe Allergies, DDA yet to Take Action', 'sub_title' => '', 'summary' => 'December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general anaesthetic.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general anaesthetic.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to AFP, the European Medicines Agency (EMA) recommended that treatments containing pholcodine, which is used in adults and children to treat dry coughs, should be withdrawn from sale.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">"Use of pholcodine in the 12 months before general anaesthesia... is a risk factor for developing an anaphylactic reaction to muscle relaxants in the anaesthetic,” AFP quoted the Amsterdam-based watchdog as saying.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">Anaphylactic shock is a "sudden, severe and life-threatening allergic reaction", it added.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">Medicines with the chemical were "being withdrawn from the EU market and will therefore no longer be available by prescription or over the counter".</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">AFP added that opioid-based pholcodine has been used as a cough medicine since the 1950s.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">In April 2020 at the height of the Covid-19 pandemic, when dry cough was one of the main symptoms of the disease, French authorities had recommended against the use of syrups with pholcodine.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The EMA in January had recommended updating packaging to warn of the risk of allergies, based on new data.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The EMA’s warning comes just a week after the Department of Drug Administration (DDA) of Nepal issued a similar warning against the use and sale of pediatric drugs having chemical compounds such as Ethylene Glycol and Diethylene Glycol. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to the DDA, the World Health Organization (WHO)'s report has also noted that the use of medicines having Ethylene Glycol and Diethylene Glycol in different countries, including Zambia and Indonesia, has had serious effect on their kidneys of children and also caused death in some cases. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The DDA in a statement issued on November 28 made it clear that the medicines such as Promethazine Oral Solution, Kofexmalin Baby Cough Syrup, My Cough Baby Cough Syrup and Magrip and Cold Syrup produced by Haryana-based Miden Pharmaceuticals Limited containing such hazardous substance have not been registered in Nepal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The department has also instructed the drug manufacturing companies to ensure that they do not mix-up such harmful chemical elements in the drugs manufactured and sold in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">However, the DDA is yet to ban pholcodine in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to the DDA, the Government of Nepal has banned the production, sale, distribution, storage, transportation and import/export of a combination of narcotic drugs except the combination containing pholcodine and codeine and their sales as cough sedatives.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16196', 'image' => '20221205040754_20221205013449_pholcodine-linctus-raspberry.jpg', 'article_date' => '2022-12-05 16:07:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16454', 'article_category_id' => '1', 'title' => 'Industrialists of Chitwan Announce Protest Programmes against Working Capital Guidelines', 'sub_title' => '', 'summary' => 'December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest rates.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest rates. The Chitwan Chamber of Commerce announced the protest programme at a press conference in Bharatpur on Sunday. The chamber warned that if their demands are not met, they will stage a series of protests. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the chamber, the implementation of the new guidelines is ruining the industry day by day, compelling the industrialists to shut down.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the officials of the chamber, due to lack of liquidity and high interest rates, there has been a contraction in the overall demand, so they had to announce the protest programme under pressure. Raju Poudel, the immediate past president of the chamber, said that the current working capital loan guidelines are not appropriate in the current situation and that the guidelines are not in the best interest of industrialists.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that due to current working capital loan guidelines and high interest rates, 30 to 40 percent of industries are currently closed. He informed that due to this, there has been a decline in revenue collection and 1.7 million employees are on the verge of unemployment. To ease the situation, he suggested that the bank's CD ratio should be managed and the use of indigenous products should be increased.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Trilochan Kandel, president of the chamber, said that their demands are not met even after drawing the attention of the government several times. He said, “We will organize peaceful protest programmes in coordination with other umbrella organizations of industrialists.”</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that in addition to submitting memorandum to the district administration office, the Ministry of Finance and NRB, the protest programme will be continued. He warned that if the demands of industrialists are not addressed politically, they will not pay tax and interest from mid-December to mid-January. The industrialists complain that they have had to partially operate industries of construction, politics, pharmaceuticals, and food due to the current economic crisis and high interest rates.</span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16195', 'image' => '20221205023039_Protest.jpg', 'article_date' => '2022-12-05 14:29:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16452', 'article_category_id' => '1', 'title' => 'Results of all 165 Constituencies Under FPTP Out ', 'sub_title' => 'Nepali Congress Emerges as the Largest Party', 'summary' => 'December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come out.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come out. With the announcement of winner from Dolakha constituency-1 on Monday morning, election results of all constituencies under the first-past-the-post were made public by the Election Commission. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As per the final results of the direct election, Nepali Congress has emerged as the largest party winning 57 seats in the House of Representatives. Similarly, the CPN-UML has won 44 seats while the CPN-Maoist Center is third with 18 seats. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Similarly, the CPN-Unified Socialist has won 10 seats. Rastriya Swatantra Party, Rastriya Prajatantra Party and Janata Samajwadi Party Nepal each have won seven seats. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Likewise, Loktantraik Samajwadi Party and Nagarik Unmukti Party have won four seats and 3 seats respectively in the lower house of parliament. Janamat Party, Nepal Workers’ and Peasants’ Party and Rastriya Janamorcha each have won one seat. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">While the vote counting of the first-past-the-post is over, counting of votes under proportional representation system is underway. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As of Monday morning, the CPN-UML has garnered 27,88,356 votes while the Nepali Congress is trailing behind the UML with 26,60,246 votes. Meanwhile, the CPN-Maoists Center has secured 11,62,124 votes, followed by Rastriya Swatantra Party with 11,24,543 votes. Likewise, Rastriya Prajatantra Party and Janata Samajwadi Party Nepal have obtained 586,638 and 4,20,946 votes respectively. Janamat Party has garnered 3,94,523 votes. Other parties have failed to cross the threshold of 3,00000 votes in the proportional representation system. It means that the seven parties securing more than 300,000 votes will be recognized as national parties.</span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16193', 'image' => '20221205014657_KN_Damauli-image_6483441.jpg', 'article_date' => '2022-12-05 13:46:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16450', 'article_category_id' => '1', 'title' => 'As Winter Approaches, Locals of Manang Flock Downhill to Escape the Biting Cold', 'sub_title' => '', 'summary' => 'December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing cold. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing cold. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seasonal migration to the downhill from the district is a normal practice for the people of Manang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief District Officer of Manang, Rabindra Prasad Acharya, said that the locals from Manang have gone to Kathmandu, Pokhara and other places with the onset of the chilling cold. “People of Manang travel to other districts to escape the chilly winter. This time, they migrated downhill a bit late due to the elections,” CDO Acharya informed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Generally, people from this district start migrating from early November but this year, they migrated after the elections.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“It is time for snowfall. The water freezes. It is their compulsion to migrate to other districts,” Acharya added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local residents make their journey downhill for almost four months to avoid cold. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“They are forced to migrate as they have difficulties to transport foodstuffs and also the water gets frozen.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">CDO Acharya, however, said that arrival of tourists continues although the number of visitors is very few. Some tourism entrepreneurs remain here as long as the tourists continue visiting Manang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">---- </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16191', 'image' => '20221205120841_NabinLamichhane_Manang_14_RSS1.jpg', 'article_date' => '2022-12-05 12:06:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16448', 'article_category_id' => '1', 'title' => 'Seventy Per Cent Entrepreneurs, Industrialists Reluctant to Make New Investment', 'sub_title' => '', 'summary' => 'December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in Nepal.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">A study carried out by the Confederation of Nepalese Industries (CNI) shows that as much as 69.44 per cent entrepreneurs are reluctant to make further investment in agriculture, cement, medicine, footwear, fast moving consumer goods (FMCG), and other productive sector. The study further discloses that not a single entrepreneur is ready to add further investment in footwear, drug industry, and automobiles. As per the study, both the demand and transaction amount have dwindled in the market, discouraging entrepreneurs to inject new investment. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to the CNI, a total of 108 industrialists and businessmen from eighteen sectors and their sub-sectors were involved in the recently-conducted survey. The survey found that market demand and letter of credit (LC) had slumped and the tendency to back track from injecting new investment had risen sharply.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">At a time when the government is urging the investors and entrepreneurs to increase investment in projects and industries, entrepreneurs and industrialists seem to have abandoned their new plan for investment. According to the CNI survey, the average total demand of all sectors has shrunk by 28.28 per cent. Likewise, the average drop in transaction amount of all sector stands at 24.94 per cent. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Among the participants involved in the survey, 69.44 per cent responded that they had ditched the idea of injecting new investment. Investors fear to invest in automobile, drug industry and footwear the most. As per the CNI survey, literally no investors are willing to add investment in the existing projects or invest in new projects in these sectors. Demand in these sectors has slumped the most.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The study shows that demand in automobile industry dropped by 78.1 per cent. Similarly, demand of footwear and medicine declined by 45.3 and 18.8 per cent respectively. Unsurprisingly, transactions dwindled in the same ratio in these sectors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Industrialists and entrepreneurs are also hesitating to make fresh investment in agriculture, cement, construction companies, and information technology sector. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Demand for construction materials such as cement, rods, steels has diminished due to various reasons including rainfalls, festivals and November 20 polls in the first few months of the current fiscal year. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As per the CNI, transaction in automobile sector has dropped by 71 per cent while transaction in footwear has fallen by 51 per cent. Likewise, transactions of engineering/construction and cement industries have contracted by 43.7 and 39 per cent respectively.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The ban imposed on the import of luxury goods to increase foreign currency reserves has reduced letter of credit (LC) as well, according to the survey. The LC amount has dropped by 22.3 per cent. The LC in automobile industry has declined the most by 89 per cent. The government has banned the import of vans, jeeps and cars barring ambulances and hearse vehicles for the past eight months. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16190', 'image' => '20221205113056_Industries.jpg', 'article_date' => '2022-12-05 11:30:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16449', 'article_category_id' => '1', 'title' => 'More than 400 kg of Waste Collected from Shivapuri National Park ', 'sub_title' => '', 'summary' => 'December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing outcomes.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Tamish Giri</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing outcomes. According to the organizers, the volunteers by the sixth week have collected more than 400 kg of solid waste from the popular hiking spots across Shivapuri National Park. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Shivapuri clean-up campaign is organised by Clean-up Nepal and launched by the Delegation of the European Union (EU) to Nepal under the framework of the EU Climate Diplomacy and the European Year of Youth 2022.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The EU and Clean-Up Nepal jointly introduced a ten-week-long clean-up campaign on October 15 for the sustainability and beautification of the national park and to promote a culture of recycle.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“We had to pause the clean-up work during the election. Now that the election is over, we are planning to do the next two phases of clean-up in the coming two weeks," shared Ravindra Lamichhane, program manager of Clean Up Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Clean-up Nepal and the EU have collaborated with Nagarjun Municipality for collection and recycling of the waste. The volunteers have been collecting waste across the three hiking trails Nagi gumba, Bishnu Dwar and Shivapuri peak every Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“Likewise, we have on boarded Niten Memorial School, Budanilkantha and Kathmandu Forestry College for training and the volunteering program for the clean-up campaign,” Lamichhane adds. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> The ‘10 weeks permanent clean-up campaign in Shivapuri National Park’ was built on the previous successful clean-up campaign organised by Clean up Nepal in Shivapuri National Park in May 2022 under the framework of Europe Week.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> “In Europe, we have the Green Deal. It is our part of an action to make Europe the first carbon-neutral continent by 2050. So, this is also what we work on in Nepal. We work on GRID, a common agenda with the Nepal government, local stakeholders and development partners, and it is called Green Resilient Inclusive Development,” shared Nona Deprez, ambassador of the European Union Delegation to Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The team has installed a recyclable collection centre at the entrance of the Shivapuri National Park in Budhanilkantha.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Veronica Pineider, environment focal person for the EU Delegation, shared that the waste after the sorting work goes to various recycling plants with the help of the municipality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">EU started the project last year during Europe Week and did one of the Shivapuri National Park Clean-up projects, and this year skilled it for up to 10 weeks. It is an initiative of the EU to raise awareness at schools.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“ The project has been great, and we have reached out to hundreds of young people. We have many more projects under renewable energy on energy efficiency, supporting climate-smart agricultural value chains, and improving energy efficiency on buildings. So, this is one more visible project close to Kathmandu to reach out to the youth of Kathmandu and Budhanilkantha,” Deprez added.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16189', 'image' => '20221205114750_DSC_7444.jpg', 'article_date' => '2022-12-05 11:47:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16447', 'article_category_id' => '1', 'title' => 'England into World Cup Quarters ', 'sub_title' => '', 'summary' => 'December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over Senegal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over Senegal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Jordan Henderson scored the first goal for England in the 38th minute to set the tone of the game at Al Bayt Stadium of Qatar. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Harry Kan doubled England's lead in first half stoppage-time and Bukayo Saka scored the third goal in the 57<sup>th</sup> minute to ensure England’s victory</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">England will next face France in the quarter-finals. </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16188', 'image' => '20221205105238_3503142-71410008-2560-1440.jpg', 'article_date' => '2022-12-05 10:52:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16446', 'article_category_id' => '1', 'title' => 'France Beats Poland to Secure Place in World Cup Quarters', 'sub_title' => '', 'summary' => 'December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on Sunday. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">France edged past Poland 3-1 with goals from Olivier Giroud and Kylian Mbappe during the match played at Al Thumama Stadium in Qatar.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">With this victory, France has become the third team to reach to the quarter-final after the Netherlands and Argentina, who have already reached last eight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Netherlands defeated USA 3-1 and Argentina thrashed Australia 2-1 to secure their place in quarterfinals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">France netted one goal in the first half and two goals in second half. French striker Olivier Giroud scored the first goal of the match and Kylian Mbappe added two more goals to ensure France’s victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Poland scored a consolation goal through penalty in the second half to cut the deficit to 3-1. Robert Lewandowski scored the goal at second attempt in the dying minutes of the match. </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16187', 'image' => '20221205104450_skysports-france-poland-world-cup_5986634.jpg', 'article_date' => '2022-12-05 10:44:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16445', 'article_category_id' => '1', 'title' => 'Over A Dozen Former Ministers Defeated in Madhes Province', 'sub_title' => '', 'summary' => 'December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes Province. Among them, some were beaten by fresh faces while others could not stand against the old rivals during the November 20 polls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Dhanusha, six ex-ministers failed to secure the victory in the polls. CPN-Maoist Center Deputy General Secretary and former Minister Matrika Prasad Yadav was defeated by old rival from Janata Samajwadi Party Nepal’s Dipak Karki in Dhanusha constituency-1. Yadav had secured victory from the same constituency with 26,418 votes while Karki had garnered 17,296 votes in the 2017 election.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Of the three former ministers who had contested the polls from the Dhanusha constituency-2, former minister and Nepali Congress leader Ram Krishna Yadav secured victory by defeating former ministers Umshankar Argariya and Ram Chandra Jha. In the last election held in 2017, Argariya was elected while Jha and Yadav were defeated. In Dhanusha constituency-3, former Minister and Loktantraik Samajwadi Party leader Anil Kumar Jha was defeated by CPN-UML leader Julie Kumari Mahato. UML leader Ragubir Mahaseth defeated Nepali Congress Joint General Secretary and former minister Mahendra Yadav in Dhanusha constituyency-4.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, CPN-Unified Socialist leader and former minister Satrudhan Mahato was trounced by UML leader Hari Narayan Mahato in the province assembly polls in Dhanusha-6.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> While six former ministers failed to win the polls in Dhanusha, four ministers lost the general elections in the neighbouring district of Siraha.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NC leader and former minister Padam Narayan Chaudhary lost the election to UML’s Ram Shankar Yadav in Siraha-1. NC leader and former minister Chitra Lekha Yadav lost the polls in Siraha constituency-2. UML leader Lilanath Shrestha defeated Maoist leader and former Minister Biswonath Sah in constituency-3. Janata Samajwadi Party’s Birendra Prasad Mahato defeated former Minister Dharmanath Sah in constituency-4.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Saptari constituency-2, former Deputy Prime Minister Upendra Yadav lost the polls to Janamat Party’s Chief Dr CK Raut. In Mahottari, two ministers were defeated. Maoist Center’s leader and former Minister Girirajmani Pokhrel was defeated by his old rival CPN-UML’s Laxmi Mahato. Pokhrel lost the election by a margin of 1030 votes. Mahato garnered 23,402 votes while Pokhrel got 22,302 votes. </span></span></p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16186', 'image' => '20221204054427_janakpur.jpg', 'article_date' => '2022-12-04 17:43:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16444', 'article_category_id' => '1', 'title' => 'Export of Cooking Oil Slumps', 'sub_title' => '', 'summary' => 'December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a quarter.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a quarter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">India has reduced the customs duty on the import of cooking oil to keep the market price under control. Currently, India is charging customs duty of zero to 2.5 per cent. Earlier, the customs duty on import of edible oil was 40 percent. Nepali industrialists took advantage of this difference. But now, India imports oil from other countries at a cheaper price compared to Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Stakeholders shared that after the decline in oil exports, which is one of the main contributors to the government’s revenue, the country’s foreign trade will record deficits.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneur Suresh Rungta said that Nepal's industries had been exporting oil by paying up to 5 per cent duty under the SAFTA concession. But now India has started importing oil at zero percent customs duty and therefore the concession has become ineffective.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the data of the Birgunj customs office, which is the main point for cooking oil export, the export of refined palm oil has decreased by 69 per cent compared to the first quarter of the last fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Dhan Bahadur Baruwal, chief customs officer of Birgunj Customs Office, said that 7.6 million liters of palm oil worth Rs 13.5 billion were exported in the first four months of last year and has declined to Rs 4.9 billion during the same period this year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the first four months of the current year, 1.13 million kiloliters of soybean oil worth 3.2 billion rupees have been exported. This export value is 82 percent lower compared to last year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Soybean oil worth more than Rs 17.20 billion was exported between mid-July to mid-November last year. The export of sunflower oil also seems to have decreased by 79 per cent.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the first four months of the current fiscal year, 172,000 liters of sunflower oil worth Rs 32.8 million have been exported through Birgunj Customs. Last year, 76,000 liters of sunflower oil worth Rs 155.1 million were exported in the same period.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The data of the customs show that after the export of oil decreased, the import of its raw materials also decreased. From mid-July to mid-November of the current fiscal year, 42.9 million liters of raw palm oil were imported through the Birgunj customs. This is 61 percent less than the same period of last year. According to customs data, raw soybean oil import has decreased by 54 per cent to 53.8 million liters.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16185', 'image' => '20221204050106_1670105981.jpg', 'article_date' => '2022-12-04 17:00:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16443', 'article_category_id' => '1', 'title' => 'Coffee Import Increases by 216 Tons', 'sub_title' => '', 'summary' => 'December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric tons.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric tons. According to the National Tea and Coffee Development Board, this is the consequence of decline in the domestic production.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">In the fisccal year 2014/15, a total of 63.80 metric tons of coffee worth about Rs 25 million was imported into Nepal. This figure increased by 216 metric tons to 279.81 metric tons by the fiscal year 2021/22, amounting to Rs 12.75 million.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to the data of the board, during this period, the amount spent on coffee import increased by Rs 100.26 million. Similarly, during this period, the export volume decreased by 30 metric tons. In the fiscal year 2014/14, altogether 99.59 metric tons of coffee worth Rs 99.1 million were exported, which decreased to 69.51 metric tons in the fiscal year 2021/22. However, the amount earned from exports increased to Rs 11.7 million that year.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Deepak Khanal, information officer of the board, informed that Nepal has been unable to use the seeds of new varieties of coffee for a long time. There is also a lack of organic fertilizers used for coffee farming. As a result, production and exports have decreased. He added, “Until we understand why we are lagging behind in production and correct the weakness, we cannot improve the situation of production and export.”</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Stakeholders say that even though Nepali coffee fetches higher prices in the international market because of its taste and quality, Nepal is not getting as much profit as it should due to the inability to increase exports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to a study conducted by the International Coffee Organization (ICO), more than 2,160 metric tons of coffee is consumed in Nepal every year. The study shows that its demand is increasing every day. Domestically produced coffee is not able to meet the demand of the country even for one month. This has led to an increase in imports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to the board, it is necessary to protect and encourage coffee farmers to meet the increasing demand in the domestic market, attract the young generation towards it, increase the cultivation in a limited area and transform it into a 'coffee estate'.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16184', 'image' => '20221204030252_1669933354.Clipboard05.jpg', 'article_date' => '2022-12-04 15:02:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16442', 'article_category_id' => '1', 'title' => 'Buddha Air Seeks Permission for Ground Handling of Pokhara Airport', 'sub_title' => '', 'summary' => 'December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International Airport.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International Airport. The company has sought permission for ground handling of both domestic and international flights operated from Pokhara Airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Buddha Air has expressed its commitment to provide quality service to domestic and international airlines. The company, which has made Pokhara as its new hub, informed that all internal preparations have been completed for flights from the soon-to-be-opened international airport. The government has announced to operate the airport from January 1, 2023. The company said that it will contribute to bringing in more domestic and foreign tourists by making full use of the airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Buddha Air had made a schedule of 300 weekly flights, in which domestic flights will be operated to Nepalgunj, Bhairahawa, Bharatpur and Bhadrapur every day. Similarly, the company mentioned that there will be a flight to Benaras, India, three days a week on the international route.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16183', 'image' => '20221204015231_Pokhara-Airport 800.jpg', 'article_date' => '2022-12-04 13:51:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16441', 'article_category_id' => '1', 'title' => '20 ‘Unlucky’ Candidates who Lost HoR Election even after Securing 30,000 Plus Votes', 'sub_title' => '', 'summary' => 'December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000 votes.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000 votes.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Eight candidates from Nepali Congress (NC), seven from CPN-UML, three from CPN (Maoist Centre), one each from CPN (Unified Socialist) and Rastriya Janamorcha secured more than 30,000 votes but failed to secure their place in the new HoR.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Province-1, NC candidate from Panchthar constituency-1 Bhishma Raj Angdembe received 32,089 votes but lost the race with a thin margin of 46 votes. Other NC candidates, Krishna Prasad Sitaula from Jhapa constituency-3 obtained 37,386 votes, Sujata Koirala 31,940 and Bijay Kumar Gachchhadar 35,600. Likewise, UML's Jagadish Prasad Kusiyait from Sunsari-4 garnered 30,371 votes, but lost the election to NC candidate Gyanendra Bahadur Karki.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Madhes Province, CPN (Maoist Centre)'s Narendra Saha Kalawar from Sarlahi-3 secured 32,168 votes and NC candidate Umakanta Chaudhary from Bara-1 received 30,056 votes. Both of them could not secure their place in the parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Bagmati Province, UML candidate from Ramechhap-1 Kailash Prasad Dhungel lost the election even after garnering 30,730 votes. UML's Resham Bahadur Lama from Kavrepalanchowk-1 also gathered 30,548 votes but failed to win the election. Similarly, NC's Shiva Prasad Humagain from Kavrepalanchowk-2 obtained 39,482 votes and CPN (Unified Socialist)'s Birodh Khatiwada from Makawanpur-2 secured 30,432. Despite securing over 30,000 votes, both the candidates could not make it to the parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Gandaki Province, CPN (Maoist Centre)'s Dev Prasad Gurung contesting from Lamjung-1 got 31,791 votes, UML"s Tilak Bahadur Mahat from Nawalparasi Bardaghat Susta (East)-2 obtained 34,110 votes but failed to win the election.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Lumbini, UML candidate Pradeep Kumar Gyawali was defeated in the HoR election even after receiving 32,152 votes, NC's Pushpa Bhusal from Arghakhanchi-1 received 40,945 votes, NC's Bal Krishna Khand from Rupandehi-3 garnered 34,036 votes, UML's Brijesh Kumar Gupta from Kapilvastu-2 gathered 38,697 votes and Rastriya Janamorcha's Durga Poudel from Pyuthan-1 secured 35,814 votes. However, all of them failed to become members of parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Karnali Province, although UML's Dhurba Kumar Shahi from Surkhet-1 obtained 30,988 votes, he lost the election. In Sudurpaschim Province, CPN (Maoist Centre) candidate Narendra Bahadur Kunwar from Baitadi-1 lost the HoR election even after getting 32,080 votes, according to the Election Commission. (RSS)</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16182', 'image' => '20221204110812_KN_Damauli-image_6483441.jpg', 'article_date' => '2022-12-04 11:07:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16457', 'article_category_id' => '1', 'title' => 'South Korea run out of luck as Brazil outclass the Asian side', 'sub_title' => '', 'summary' => 'December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing down.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing down with a last 16 humiliation at the hands of five-times champions Brazil, Reuters reported, adding that the Asian side's luck finally ran out in Qatar.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the news agency, Korea had qualified for the knockout stages by the skin of their teeth after beating Portugal at the death, watching the end of the other group game on mobile phones with frayed nerves as they waited for Ghana to deny Uruguay a decisive goal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Much to their relief, Uruguay were denied second place in the group as Ghana held on. The Koreans cried tears of joy when qualification was sealed, but three days later their fans would weep in despair.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Korea's reward for reaching the last 16 for the first time since 2010 was a showdown with pre-tournament favourites Brazil, who not so much waltzed into the quarter-finals but oozed class as they literally danced the samba in a 4-1 win at Stadium 974, added Reuters.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-06', 'modified' => '2022-12-06', 'keywords' => '', 'description' => '', 'sortorder' => '16198', 'image' => '20221206100347_brazil-dance-world-cup-vinicius-neymar.jpg', 'article_date' => '2022-12-06 10:02:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16456', 'article_category_id' => '1', 'title' => 'Seventeen Independent Candidates Elected Nationwide', 'sub_title' => '', 'summary' => 'December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20. As per the Election Commission, five independent candidates were elected to the lower house of the federal parliament while twelve independents got elected to the provincial assemblies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Election Commission, six independent candidates were elected to the Madhes Provincial Assembly, three to the Lumbini Provincial Assembly and one to Gandaki Provincial Assembly. Likewise, one independent candidate each was elected to Karnali and Sudurpaschim provincial assemblies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Yogendra Mandal was elected to the House of Representatives from Morang constituency-1 while Amresh Kumar Singh and Kiran Kumar Sah were elected members of the lower house of parliament from Sarlahi constituency-4 and Rautahat constituency-2 respectively. Likewise, Prabhu Sah and Lalbir Chaudhary made it to the House of Representatives from Rautahat-3 and Bardiya constituency-2 respectively.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, Anirudda Kumar Singh, Surita Kumari Sah, Jawahar Lal Kusahawa, Keshav Ray, Sharada Prasad Kalwar and Pramod Kumar Jaisawal have been elected to the Madhes Provincial Assembly. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Rajiv Gurung was elected to the Gandaki Provincial Assembly while Surul Pun, Dipendra Kumar Pun Magar and Khadga Basnet have been elected to the Lumbini Provincial Assembly. Devendra Bahadur Shahii and Tara Prasad Joshi made it to the Karnali Provincial Assembly and Sudurpaschim Provincial Assembly respectively.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16197', 'image' => '20221205043504_20220805085711_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-12-05 16:34:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16455', 'article_category_id' => '1', 'title' => 'EU Bans Cough Syrup Chemical over Severe Allergies, DDA yet to Take Action', 'sub_title' => '', 'summary' => 'December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general anaesthetic.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general anaesthetic.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to AFP, the European Medicines Agency (EMA) recommended that treatments containing pholcodine, which is used in adults and children to treat dry coughs, should be withdrawn from sale.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">"Use of pholcodine in the 12 months before general anaesthesia... is a risk factor for developing an anaphylactic reaction to muscle relaxants in the anaesthetic,” AFP quoted the Amsterdam-based watchdog as saying.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">Anaphylactic shock is a "sudden, severe and life-threatening allergic reaction", it added.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">Medicines with the chemical were "being withdrawn from the EU market and will therefore no longer be available by prescription or over the counter".</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">AFP added that opioid-based pholcodine has been used as a cough medicine since the 1950s.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">In April 2020 at the height of the Covid-19 pandemic, when dry cough was one of the main symptoms of the disease, French authorities had recommended against the use of syrups with pholcodine.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The EMA in January had recommended updating packaging to warn of the risk of allergies, based on new data.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The EMA’s warning comes just a week after the Department of Drug Administration (DDA) of Nepal issued a similar warning against the use and sale of pediatric drugs having chemical compounds such as Ethylene Glycol and Diethylene Glycol. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to the DDA, the World Health Organization (WHO)'s report has also noted that the use of medicines having Ethylene Glycol and Diethylene Glycol in different countries, including Zambia and Indonesia, has had serious effect on their kidneys of children and also caused death in some cases. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The DDA in a statement issued on November 28 made it clear that the medicines such as Promethazine Oral Solution, Kofexmalin Baby Cough Syrup, My Cough Baby Cough Syrup and Magrip and Cold Syrup produced by Haryana-based Miden Pharmaceuticals Limited containing such hazardous substance have not been registered in Nepal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The department has also instructed the drug manufacturing companies to ensure that they do not mix-up such harmful chemical elements in the drugs manufactured and sold in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">However, the DDA is yet to ban pholcodine in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to the DDA, the Government of Nepal has banned the production, sale, distribution, storage, transportation and import/export of a combination of narcotic drugs except the combination containing pholcodine and codeine and their sales as cough sedatives.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16196', 'image' => '20221205040754_20221205013449_pholcodine-linctus-raspberry.jpg', 'article_date' => '2022-12-05 16:07:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16454', 'article_category_id' => '1', 'title' => 'Industrialists of Chitwan Announce Protest Programmes against Working Capital Guidelines', 'sub_title' => '', 'summary' => 'December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest rates.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest rates. The Chitwan Chamber of Commerce announced the protest programme at a press conference in Bharatpur on Sunday. The chamber warned that if their demands are not met, they will stage a series of protests. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the chamber, the implementation of the new guidelines is ruining the industry day by day, compelling the industrialists to shut down.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the officials of the chamber, due to lack of liquidity and high interest rates, there has been a contraction in the overall demand, so they had to announce the protest programme under pressure. Raju Poudel, the immediate past president of the chamber, said that the current working capital loan guidelines are not appropriate in the current situation and that the guidelines are not in the best interest of industrialists.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that due to current working capital loan guidelines and high interest rates, 30 to 40 percent of industries are currently closed. He informed that due to this, there has been a decline in revenue collection and 1.7 million employees are on the verge of unemployment. To ease the situation, he suggested that the bank's CD ratio should be managed and the use of indigenous products should be increased.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Trilochan Kandel, president of the chamber, said that their demands are not met even after drawing the attention of the government several times. He said, “We will organize peaceful protest programmes in coordination with other umbrella organizations of industrialists.”</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that in addition to submitting memorandum to the district administration office, the Ministry of Finance and NRB, the protest programme will be continued. He warned that if the demands of industrialists are not addressed politically, they will not pay tax and interest from mid-December to mid-January. The industrialists complain that they have had to partially operate industries of construction, politics, pharmaceuticals, and food due to the current economic crisis and high interest rates.</span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16195', 'image' => '20221205023039_Protest.jpg', 'article_date' => '2022-12-05 14:29:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16452', 'article_category_id' => '1', 'title' => 'Results of all 165 Constituencies Under FPTP Out ', 'sub_title' => 'Nepali Congress Emerges as the Largest Party', 'summary' => 'December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come out.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come out. With the announcement of winner from Dolakha constituency-1 on Monday morning, election results of all constituencies under the first-past-the-post were made public by the Election Commission. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As per the final results of the direct election, Nepali Congress has emerged as the largest party winning 57 seats in the House of Representatives. Similarly, the CPN-UML has won 44 seats while the CPN-Maoist Center is third with 18 seats. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Similarly, the CPN-Unified Socialist has won 10 seats. Rastriya Swatantra Party, Rastriya Prajatantra Party and Janata Samajwadi Party Nepal each have won seven seats. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Likewise, Loktantraik Samajwadi Party and Nagarik Unmukti Party have won four seats and 3 seats respectively in the lower house of parliament. Janamat Party, Nepal Workers’ and Peasants’ Party and Rastriya Janamorcha each have won one seat. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">While the vote counting of the first-past-the-post is over, counting of votes under proportional representation system is underway. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As of Monday morning, the CPN-UML has garnered 27,88,356 votes while the Nepali Congress is trailing behind the UML with 26,60,246 votes. Meanwhile, the CPN-Maoists Center has secured 11,62,124 votes, followed by Rastriya Swatantra Party with 11,24,543 votes. Likewise, Rastriya Prajatantra Party and Janata Samajwadi Party Nepal have obtained 586,638 and 4,20,946 votes respectively. Janamat Party has garnered 3,94,523 votes. Other parties have failed to cross the threshold of 3,00000 votes in the proportional representation system. It means that the seven parties securing more than 300,000 votes will be recognized as national parties.</span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16193', 'image' => '20221205014657_KN_Damauli-image_6483441.jpg', 'article_date' => '2022-12-05 13:46:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16450', 'article_category_id' => '1', 'title' => 'As Winter Approaches, Locals of Manang Flock Downhill to Escape the Biting Cold', 'sub_title' => '', 'summary' => 'December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing cold. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing cold. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seasonal migration to the downhill from the district is a normal practice for the people of Manang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief District Officer of Manang, Rabindra Prasad Acharya, said that the locals from Manang have gone to Kathmandu, Pokhara and other places with the onset of the chilling cold. “People of Manang travel to other districts to escape the chilly winter. This time, they migrated downhill a bit late due to the elections,” CDO Acharya informed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Generally, people from this district start migrating from early November but this year, they migrated after the elections.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“It is time for snowfall. The water freezes. It is their compulsion to migrate to other districts,” Acharya added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local residents make their journey downhill for almost four months to avoid cold. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“They are forced to migrate as they have difficulties to transport foodstuffs and also the water gets frozen.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">CDO Acharya, however, said that arrival of tourists continues although the number of visitors is very few. Some tourism entrepreneurs remain here as long as the tourists continue visiting Manang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">---- </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16191', 'image' => '20221205120841_NabinLamichhane_Manang_14_RSS1.jpg', 'article_date' => '2022-12-05 12:06:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16448', 'article_category_id' => '1', 'title' => 'Seventy Per Cent Entrepreneurs, Industrialists Reluctant to Make New Investment', 'sub_title' => '', 'summary' => 'December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in Nepal.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">A study carried out by the Confederation of Nepalese Industries (CNI) shows that as much as 69.44 per cent entrepreneurs are reluctant to make further investment in agriculture, cement, medicine, footwear, fast moving consumer goods (FMCG), and other productive sector. The study further discloses that not a single entrepreneur is ready to add further investment in footwear, drug industry, and automobiles. As per the study, both the demand and transaction amount have dwindled in the market, discouraging entrepreneurs to inject new investment. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to the CNI, a total of 108 industrialists and businessmen from eighteen sectors and their sub-sectors were involved in the recently-conducted survey. The survey found that market demand and letter of credit (LC) had slumped and the tendency to back track from injecting new investment had risen sharply.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">At a time when the government is urging the investors and entrepreneurs to increase investment in projects and industries, entrepreneurs and industrialists seem to have abandoned their new plan for investment. According to the CNI survey, the average total demand of all sectors has shrunk by 28.28 per cent. Likewise, the average drop in transaction amount of all sector stands at 24.94 per cent. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Among the participants involved in the survey, 69.44 per cent responded that they had ditched the idea of injecting new investment. Investors fear to invest in automobile, drug industry and footwear the most. As per the CNI survey, literally no investors are willing to add investment in the existing projects or invest in new projects in these sectors. Demand in these sectors has slumped the most.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The study shows that demand in automobile industry dropped by 78.1 per cent. Similarly, demand of footwear and medicine declined by 45.3 and 18.8 per cent respectively. Unsurprisingly, transactions dwindled in the same ratio in these sectors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Industrialists and entrepreneurs are also hesitating to make fresh investment in agriculture, cement, construction companies, and information technology sector. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Demand for construction materials such as cement, rods, steels has diminished due to various reasons including rainfalls, festivals and November 20 polls in the first few months of the current fiscal year. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As per the CNI, transaction in automobile sector has dropped by 71 per cent while transaction in footwear has fallen by 51 per cent. Likewise, transactions of engineering/construction and cement industries have contracted by 43.7 and 39 per cent respectively.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The ban imposed on the import of luxury goods to increase foreign currency reserves has reduced letter of credit (LC) as well, according to the survey. The LC amount has dropped by 22.3 per cent. The LC in automobile industry has declined the most by 89 per cent. The government has banned the import of vans, jeeps and cars barring ambulances and hearse vehicles for the past eight months. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16190', 'image' => '20221205113056_Industries.jpg', 'article_date' => '2022-12-05 11:30:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16449', 'article_category_id' => '1', 'title' => 'More than 400 kg of Waste Collected from Shivapuri National Park ', 'sub_title' => '', 'summary' => 'December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing outcomes.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Tamish Giri</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing outcomes. According to the organizers, the volunteers by the sixth week have collected more than 400 kg of solid waste from the popular hiking spots across Shivapuri National Park. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Shivapuri clean-up campaign is organised by Clean-up Nepal and launched by the Delegation of the European Union (EU) to Nepal under the framework of the EU Climate Diplomacy and the European Year of Youth 2022.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The EU and Clean-Up Nepal jointly introduced a ten-week-long clean-up campaign on October 15 for the sustainability and beautification of the national park and to promote a culture of recycle.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“We had to pause the clean-up work during the election. Now that the election is over, we are planning to do the next two phases of clean-up in the coming two weeks," shared Ravindra Lamichhane, program manager of Clean Up Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Clean-up Nepal and the EU have collaborated with Nagarjun Municipality for collection and recycling of the waste. The volunteers have been collecting waste across the three hiking trails Nagi gumba, Bishnu Dwar and Shivapuri peak every Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“Likewise, we have on boarded Niten Memorial School, Budanilkantha and Kathmandu Forestry College for training and the volunteering program for the clean-up campaign,” Lamichhane adds. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> The ‘10 weeks permanent clean-up campaign in Shivapuri National Park’ was built on the previous successful clean-up campaign organised by Clean up Nepal in Shivapuri National Park in May 2022 under the framework of Europe Week.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> “In Europe, we have the Green Deal. It is our part of an action to make Europe the first carbon-neutral continent by 2050. So, this is also what we work on in Nepal. We work on GRID, a common agenda with the Nepal government, local stakeholders and development partners, and it is called Green Resilient Inclusive Development,” shared Nona Deprez, ambassador of the European Union Delegation to Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The team has installed a recyclable collection centre at the entrance of the Shivapuri National Park in Budhanilkantha.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Veronica Pineider, environment focal person for the EU Delegation, shared that the waste after the sorting work goes to various recycling plants with the help of the municipality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">EU started the project last year during Europe Week and did one of the Shivapuri National Park Clean-up projects, and this year skilled it for up to 10 weeks. It is an initiative of the EU to raise awareness at schools.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“ The project has been great, and we have reached out to hundreds of young people. We have many more projects under renewable energy on energy efficiency, supporting climate-smart agricultural value chains, and improving energy efficiency on buildings. So, this is one more visible project close to Kathmandu to reach out to the youth of Kathmandu and Budhanilkantha,” Deprez added.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16189', 'image' => '20221205114750_DSC_7444.jpg', 'article_date' => '2022-12-05 11:47:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16447', 'article_category_id' => '1', 'title' => 'England into World Cup Quarters ', 'sub_title' => '', 'summary' => 'December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over Senegal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over Senegal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Jordan Henderson scored the first goal for England in the 38th minute to set the tone of the game at Al Bayt Stadium of Qatar. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Harry Kan doubled England's lead in first half stoppage-time and Bukayo Saka scored the third goal in the 57<sup>th</sup> minute to ensure England’s victory</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">England will next face France in the quarter-finals. </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16188', 'image' => '20221205105238_3503142-71410008-2560-1440.jpg', 'article_date' => '2022-12-05 10:52:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16446', 'article_category_id' => '1', 'title' => 'France Beats Poland to Secure Place in World Cup Quarters', 'sub_title' => '', 'summary' => 'December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on Sunday. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">France edged past Poland 3-1 with goals from Olivier Giroud and Kylian Mbappe during the match played at Al Thumama Stadium in Qatar.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">With this victory, France has become the third team to reach to the quarter-final after the Netherlands and Argentina, who have already reached last eight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Netherlands defeated USA 3-1 and Argentina thrashed Australia 2-1 to secure their place in quarterfinals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">France netted one goal in the first half and two goals in second half. French striker Olivier Giroud scored the first goal of the match and Kylian Mbappe added two more goals to ensure France’s victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Poland scored a consolation goal through penalty in the second half to cut the deficit to 3-1. Robert Lewandowski scored the goal at second attempt in the dying minutes of the match. </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16187', 'image' => '20221205104450_skysports-france-poland-world-cup_5986634.jpg', 'article_date' => '2022-12-05 10:44:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16445', 'article_category_id' => '1', 'title' => 'Over A Dozen Former Ministers Defeated in Madhes Province', 'sub_title' => '', 'summary' => 'December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes Province. Among them, some were beaten by fresh faces while others could not stand against the old rivals during the November 20 polls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Dhanusha, six ex-ministers failed to secure the victory in the polls. CPN-Maoist Center Deputy General Secretary and former Minister Matrika Prasad Yadav was defeated by old rival from Janata Samajwadi Party Nepal’s Dipak Karki in Dhanusha constituency-1. Yadav had secured victory from the same constituency with 26,418 votes while Karki had garnered 17,296 votes in the 2017 election.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Of the three former ministers who had contested the polls from the Dhanusha constituency-2, former minister and Nepali Congress leader Ram Krishna Yadav secured victory by defeating former ministers Umshankar Argariya and Ram Chandra Jha. In the last election held in 2017, Argariya was elected while Jha and Yadav were defeated. In Dhanusha constituency-3, former Minister and Loktantraik Samajwadi Party leader Anil Kumar Jha was defeated by CPN-UML leader Julie Kumari Mahato. UML leader Ragubir Mahaseth defeated Nepali Congress Joint General Secretary and former minister Mahendra Yadav in Dhanusha constituyency-4.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, CPN-Unified Socialist leader and former minister Satrudhan Mahato was trounced by UML leader Hari Narayan Mahato in the province assembly polls in Dhanusha-6.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> While six former ministers failed to win the polls in Dhanusha, four ministers lost the general elections in the neighbouring district of Siraha.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NC leader and former minister Padam Narayan Chaudhary lost the election to UML’s Ram Shankar Yadav in Siraha-1. NC leader and former minister Chitra Lekha Yadav lost the polls in Siraha constituency-2. UML leader Lilanath Shrestha defeated Maoist leader and former Minister Biswonath Sah in constituency-3. Janata Samajwadi Party’s Birendra Prasad Mahato defeated former Minister Dharmanath Sah in constituency-4.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Saptari constituency-2, former Deputy Prime Minister Upendra Yadav lost the polls to Janamat Party’s Chief Dr CK Raut. In Mahottari, two ministers were defeated. Maoist Center’s leader and former Minister Girirajmani Pokhrel was defeated by his old rival CPN-UML’s Laxmi Mahato. Pokhrel lost the election by a margin of 1030 votes. Mahato garnered 23,402 votes while Pokhrel got 22,302 votes. </span></span></p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16186', 'image' => '20221204054427_janakpur.jpg', 'article_date' => '2022-12-04 17:43:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16444', 'article_category_id' => '1', 'title' => 'Export of Cooking Oil Slumps', 'sub_title' => '', 'summary' => 'December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a quarter.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a quarter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">India has reduced the customs duty on the import of cooking oil to keep the market price under control. Currently, India is charging customs duty of zero to 2.5 per cent. Earlier, the customs duty on import of edible oil was 40 percent. Nepali industrialists took advantage of this difference. But now, India imports oil from other countries at a cheaper price compared to Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Stakeholders shared that after the decline in oil exports, which is one of the main contributors to the government’s revenue, the country’s foreign trade will record deficits.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneur Suresh Rungta said that Nepal's industries had been exporting oil by paying up to 5 per cent duty under the SAFTA concession. But now India has started importing oil at zero percent customs duty and therefore the concession has become ineffective.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the data of the Birgunj customs office, which is the main point for cooking oil export, the export of refined palm oil has decreased by 69 per cent compared to the first quarter of the last fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Dhan Bahadur Baruwal, chief customs officer of Birgunj Customs Office, said that 7.6 million liters of palm oil worth Rs 13.5 billion were exported in the first four months of last year and has declined to Rs 4.9 billion during the same period this year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the first four months of the current year, 1.13 million kiloliters of soybean oil worth 3.2 billion rupees have been exported. This export value is 82 percent lower compared to last year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Soybean oil worth more than Rs 17.20 billion was exported between mid-July to mid-November last year. The export of sunflower oil also seems to have decreased by 79 per cent.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the first four months of the current fiscal year, 172,000 liters of sunflower oil worth Rs 32.8 million have been exported through Birgunj Customs. Last year, 76,000 liters of sunflower oil worth Rs 155.1 million were exported in the same period.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The data of the customs show that after the export of oil decreased, the import of its raw materials also decreased. From mid-July to mid-November of the current fiscal year, 42.9 million liters of raw palm oil were imported through the Birgunj customs. This is 61 percent less than the same period of last year. According to customs data, raw soybean oil import has decreased by 54 per cent to 53.8 million liters.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16185', 'image' => '20221204050106_1670105981.jpg', 'article_date' => '2022-12-04 17:00:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16443', 'article_category_id' => '1', 'title' => 'Coffee Import Increases by 216 Tons', 'sub_title' => '', 'summary' => 'December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric tons.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric tons. According to the National Tea and Coffee Development Board, this is the consequence of decline in the domestic production.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">In the fisccal year 2014/15, a total of 63.80 metric tons of coffee worth about Rs 25 million was imported into Nepal. This figure increased by 216 metric tons to 279.81 metric tons by the fiscal year 2021/22, amounting to Rs 12.75 million.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to the data of the board, during this period, the amount spent on coffee import increased by Rs 100.26 million. Similarly, during this period, the export volume decreased by 30 metric tons. In the fiscal year 2014/14, altogether 99.59 metric tons of coffee worth Rs 99.1 million were exported, which decreased to 69.51 metric tons in the fiscal year 2021/22. However, the amount earned from exports increased to Rs 11.7 million that year.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Deepak Khanal, information officer of the board, informed that Nepal has been unable to use the seeds of new varieties of coffee for a long time. There is also a lack of organic fertilizers used for coffee farming. As a result, production and exports have decreased. He added, “Until we understand why we are lagging behind in production and correct the weakness, we cannot improve the situation of production and export.”</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Stakeholders say that even though Nepali coffee fetches higher prices in the international market because of its taste and quality, Nepal is not getting as much profit as it should due to the inability to increase exports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to a study conducted by the International Coffee Organization (ICO), more than 2,160 metric tons of coffee is consumed in Nepal every year. The study shows that its demand is increasing every day. Domestically produced coffee is not able to meet the demand of the country even for one month. This has led to an increase in imports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to the board, it is necessary to protect and encourage coffee farmers to meet the increasing demand in the domestic market, attract the young generation towards it, increase the cultivation in a limited area and transform it into a 'coffee estate'.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16184', 'image' => '20221204030252_1669933354.Clipboard05.jpg', 'article_date' => '2022-12-04 15:02:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16442', 'article_category_id' => '1', 'title' => 'Buddha Air Seeks Permission for Ground Handling of Pokhara Airport', 'sub_title' => '', 'summary' => 'December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International Airport.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International Airport. The company has sought permission for ground handling of both domestic and international flights operated from Pokhara Airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Buddha Air has expressed its commitment to provide quality service to domestic and international airlines. The company, which has made Pokhara as its new hub, informed that all internal preparations have been completed for flights from the soon-to-be-opened international airport. The government has announced to operate the airport from January 1, 2023. The company said that it will contribute to bringing in more domestic and foreign tourists by making full use of the airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Buddha Air had made a schedule of 300 weekly flights, in which domestic flights will be operated to Nepalgunj, Bhairahawa, Bharatpur and Bhadrapur every day. Similarly, the company mentioned that there will be a flight to Benaras, India, three days a week on the international route.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16183', 'image' => '20221204015231_Pokhara-Airport 800.jpg', 'article_date' => '2022-12-04 13:51:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16441', 'article_category_id' => '1', 'title' => '20 ‘Unlucky’ Candidates who Lost HoR Election even after Securing 30,000 Plus Votes', 'sub_title' => '', 'summary' => 'December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000 votes.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000 votes.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Eight candidates from Nepali Congress (NC), seven from CPN-UML, three from CPN (Maoist Centre), one each from CPN (Unified Socialist) and Rastriya Janamorcha secured more than 30,000 votes but failed to secure their place in the new HoR.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Province-1, NC candidate from Panchthar constituency-1 Bhishma Raj Angdembe received 32,089 votes but lost the race with a thin margin of 46 votes. Other NC candidates, Krishna Prasad Sitaula from Jhapa constituency-3 obtained 37,386 votes, Sujata Koirala 31,940 and Bijay Kumar Gachchhadar 35,600. Likewise, UML's Jagadish Prasad Kusiyait from Sunsari-4 garnered 30,371 votes, but lost the election to NC candidate Gyanendra Bahadur Karki.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Madhes Province, CPN (Maoist Centre)'s Narendra Saha Kalawar from Sarlahi-3 secured 32,168 votes and NC candidate Umakanta Chaudhary from Bara-1 received 30,056 votes. Both of them could not secure their place in the parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Bagmati Province, UML candidate from Ramechhap-1 Kailash Prasad Dhungel lost the election even after garnering 30,730 votes. UML's Resham Bahadur Lama from Kavrepalanchowk-1 also gathered 30,548 votes but failed to win the election. Similarly, NC's Shiva Prasad Humagain from Kavrepalanchowk-2 obtained 39,482 votes and CPN (Unified Socialist)'s Birodh Khatiwada from Makawanpur-2 secured 30,432. Despite securing over 30,000 votes, both the candidates could not make it to the parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Gandaki Province, CPN (Maoist Centre)'s Dev Prasad Gurung contesting from Lamjung-1 got 31,791 votes, UML"s Tilak Bahadur Mahat from Nawalparasi Bardaghat Susta (East)-2 obtained 34,110 votes but failed to win the election.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Lumbini, UML candidate Pradeep Kumar Gyawali was defeated in the HoR election even after receiving 32,152 votes, NC's Pushpa Bhusal from Arghakhanchi-1 received 40,945 votes, NC's Bal Krishna Khand from Rupandehi-3 garnered 34,036 votes, UML's Brijesh Kumar Gupta from Kapilvastu-2 gathered 38,697 votes and Rastriya Janamorcha's Durga Poudel from Pyuthan-1 secured 35,814 votes. However, all of them failed to become members of parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Karnali Province, although UML's Dhurba Kumar Shahi from Surkhet-1 obtained 30,988 votes, he lost the election. In Sudurpaschim Province, CPN (Maoist Centre) candidate Narendra Bahadur Kunwar from Baitadi-1 lost the HoR election even after getting 32,080 votes, according to the Election Commission. (RSS)</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16182', 'image' => '20221204110812_KN_Damauli-image_6483441.jpg', 'article_date' => '2022-12-04 11:07:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16457', 'article_category_id' => '1', 'title' => 'South Korea run out of luck as Brazil outclass the Asian side', 'sub_title' => '', 'summary' => 'December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing down.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing down with a last 16 humiliation at the hands of five-times champions Brazil, Reuters reported, adding that the Asian side's luck finally ran out in Qatar.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the news agency, Korea had qualified for the knockout stages by the skin of their teeth after beating Portugal at the death, watching the end of the other group game on mobile phones with frayed nerves as they waited for Ghana to deny Uruguay a decisive goal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Much to their relief, Uruguay were denied second place in the group as Ghana held on. The Koreans cried tears of joy when qualification was sealed, but three days later their fans would weep in despair.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Korea's reward for reaching the last 16 for the first time since 2010 was a showdown with pre-tournament favourites Brazil, who not so much waltzed into the quarter-finals but oozed class as they literally danced the samba in a 4-1 win at Stadium 974, added Reuters.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-06', 'modified' => '2022-12-06', 'keywords' => '', 'description' => '', 'sortorder' => '16198', 'image' => '20221206100347_brazil-dance-world-cup-vinicius-neymar.jpg', 'article_date' => '2022-12-06 10:02:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16456', 'article_category_id' => '1', 'title' => 'Seventeen Independent Candidates Elected Nationwide', 'sub_title' => '', 'summary' => 'December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20. As per the Election Commission, five independent candidates were elected to the lower house of the federal parliament while twelve independents got elected to the provincial assemblies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Election Commission, six independent candidates were elected to the Madhes Provincial Assembly, three to the Lumbini Provincial Assembly and one to Gandaki Provincial Assembly. Likewise, one independent candidate each was elected to Karnali and Sudurpaschim provincial assemblies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Yogendra Mandal was elected to the House of Representatives from Morang constituency-1 while Amresh Kumar Singh and Kiran Kumar Sah were elected members of the lower house of parliament from Sarlahi constituency-4 and Rautahat constituency-2 respectively. Likewise, Prabhu Sah and Lalbir Chaudhary made it to the House of Representatives from Rautahat-3 and Bardiya constituency-2 respectively.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, Anirudda Kumar Singh, Surita Kumari Sah, Jawahar Lal Kusahawa, Keshav Ray, Sharada Prasad Kalwar and Pramod Kumar Jaisawal have been elected to the Madhes Provincial Assembly. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Rajiv Gurung was elected to the Gandaki Provincial Assembly while Surul Pun, Dipendra Kumar Pun Magar and Khadga Basnet have been elected to the Lumbini Provincial Assembly. Devendra Bahadur Shahii and Tara Prasad Joshi made it to the Karnali Provincial Assembly and Sudurpaschim Provincial Assembly respectively.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16197', 'image' => '20221205043504_20220805085711_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-12-05 16:34:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16455', 'article_category_id' => '1', 'title' => 'EU Bans Cough Syrup Chemical over Severe Allergies, DDA yet to Take Action', 'sub_title' => '', 'summary' => 'December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general anaesthetic.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general anaesthetic.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to AFP, the European Medicines Agency (EMA) recommended that treatments containing pholcodine, which is used in adults and children to treat dry coughs, should be withdrawn from sale.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">"Use of pholcodine in the 12 months before general anaesthesia... is a risk factor for developing an anaphylactic reaction to muscle relaxants in the anaesthetic,” AFP quoted the Amsterdam-based watchdog as saying.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">Anaphylactic shock is a "sudden, severe and life-threatening allergic reaction", it added.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">Medicines with the chemical were "being withdrawn from the EU market and will therefore no longer be available by prescription or over the counter".</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">AFP added that opioid-based pholcodine has been used as a cough medicine since the 1950s.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">In April 2020 at the height of the Covid-19 pandemic, when dry cough was one of the main symptoms of the disease, French authorities had recommended against the use of syrups with pholcodine.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The EMA in January had recommended updating packaging to warn of the risk of allergies, based on new data.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The EMA’s warning comes just a week after the Department of Drug Administration (DDA) of Nepal issued a similar warning against the use and sale of pediatric drugs having chemical compounds such as Ethylene Glycol and Diethylene Glycol. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to the DDA, the World Health Organization (WHO)'s report has also noted that the use of medicines having Ethylene Glycol and Diethylene Glycol in different countries, including Zambia and Indonesia, has had serious effect on their kidneys of children and also caused death in some cases. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The DDA in a statement issued on November 28 made it clear that the medicines such as Promethazine Oral Solution, Kofexmalin Baby Cough Syrup, My Cough Baby Cough Syrup and Magrip and Cold Syrup produced by Haryana-based Miden Pharmaceuticals Limited containing such hazardous substance have not been registered in Nepal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The department has also instructed the drug manufacturing companies to ensure that they do not mix-up such harmful chemical elements in the drugs manufactured and sold in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">However, the DDA is yet to ban pholcodine in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to the DDA, the Government of Nepal has banned the production, sale, distribution, storage, transportation and import/export of a combination of narcotic drugs except the combination containing pholcodine and codeine and their sales as cough sedatives.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16196', 'image' => '20221205040754_20221205013449_pholcodine-linctus-raspberry.jpg', 'article_date' => '2022-12-05 16:07:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16454', 'article_category_id' => '1', 'title' => 'Industrialists of Chitwan Announce Protest Programmes against Working Capital Guidelines', 'sub_title' => '', 'summary' => 'December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest rates.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest rates. The Chitwan Chamber of Commerce announced the protest programme at a press conference in Bharatpur on Sunday. The chamber warned that if their demands are not met, they will stage a series of protests. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the chamber, the implementation of the new guidelines is ruining the industry day by day, compelling the industrialists to shut down.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the officials of the chamber, due to lack of liquidity and high interest rates, there has been a contraction in the overall demand, so they had to announce the protest programme under pressure. Raju Poudel, the immediate past president of the chamber, said that the current working capital loan guidelines are not appropriate in the current situation and that the guidelines are not in the best interest of industrialists.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that due to current working capital loan guidelines and high interest rates, 30 to 40 percent of industries are currently closed. He informed that due to this, there has been a decline in revenue collection and 1.7 million employees are on the verge of unemployment. To ease the situation, he suggested that the bank's CD ratio should be managed and the use of indigenous products should be increased.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Trilochan Kandel, president of the chamber, said that their demands are not met even after drawing the attention of the government several times. He said, “We will organize peaceful protest programmes in coordination with other umbrella organizations of industrialists.”</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that in addition to submitting memorandum to the district administration office, the Ministry of Finance and NRB, the protest programme will be continued. He warned that if the demands of industrialists are not addressed politically, they will not pay tax and interest from mid-December to mid-January. The industrialists complain that they have had to partially operate industries of construction, politics, pharmaceuticals, and food due to the current economic crisis and high interest rates.</span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16195', 'image' => '20221205023039_Protest.jpg', 'article_date' => '2022-12-05 14:29:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16452', 'article_category_id' => '1', 'title' => 'Results of all 165 Constituencies Under FPTP Out ', 'sub_title' => 'Nepali Congress Emerges as the Largest Party', 'summary' => 'December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come out.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come out. With the announcement of winner from Dolakha constituency-1 on Monday morning, election results of all constituencies under the first-past-the-post were made public by the Election Commission. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As per the final results of the direct election, Nepali Congress has emerged as the largest party winning 57 seats in the House of Representatives. Similarly, the CPN-UML has won 44 seats while the CPN-Maoist Center is third with 18 seats. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Similarly, the CPN-Unified Socialist has won 10 seats. Rastriya Swatantra Party, Rastriya Prajatantra Party and Janata Samajwadi Party Nepal each have won seven seats. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Likewise, Loktantraik Samajwadi Party and Nagarik Unmukti Party have won four seats and 3 seats respectively in the lower house of parliament. Janamat Party, Nepal Workers’ and Peasants’ Party and Rastriya Janamorcha each have won one seat. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">While the vote counting of the first-past-the-post is over, counting of votes under proportional representation system is underway. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As of Monday morning, the CPN-UML has garnered 27,88,356 votes while the Nepali Congress is trailing behind the UML with 26,60,246 votes. Meanwhile, the CPN-Maoists Center has secured 11,62,124 votes, followed by Rastriya Swatantra Party with 11,24,543 votes. Likewise, Rastriya Prajatantra Party and Janata Samajwadi Party Nepal have obtained 586,638 and 4,20,946 votes respectively. Janamat Party has garnered 3,94,523 votes. Other parties have failed to cross the threshold of 3,00000 votes in the proportional representation system. It means that the seven parties securing more than 300,000 votes will be recognized as national parties.</span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16193', 'image' => '20221205014657_KN_Damauli-image_6483441.jpg', 'article_date' => '2022-12-05 13:46:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16450', 'article_category_id' => '1', 'title' => 'As Winter Approaches, Locals of Manang Flock Downhill to Escape the Biting Cold', 'sub_title' => '', 'summary' => 'December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing cold. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing cold. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seasonal migration to the downhill from the district is a normal practice for the people of Manang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief District Officer of Manang, Rabindra Prasad Acharya, said that the locals from Manang have gone to Kathmandu, Pokhara and other places with the onset of the chilling cold. “People of Manang travel to other districts to escape the chilly winter. This time, they migrated downhill a bit late due to the elections,” CDO Acharya informed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Generally, people from this district start migrating from early November but this year, they migrated after the elections.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“It is time for snowfall. The water freezes. It is their compulsion to migrate to other districts,” Acharya added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local residents make their journey downhill for almost four months to avoid cold. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“They are forced to migrate as they have difficulties to transport foodstuffs and also the water gets frozen.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">CDO Acharya, however, said that arrival of tourists continues although the number of visitors is very few. Some tourism entrepreneurs remain here as long as the tourists continue visiting Manang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">---- </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16191', 'image' => '20221205120841_NabinLamichhane_Manang_14_RSS1.jpg', 'article_date' => '2022-12-05 12:06:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16448', 'article_category_id' => '1', 'title' => 'Seventy Per Cent Entrepreneurs, Industrialists Reluctant to Make New Investment', 'sub_title' => '', 'summary' => 'December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in Nepal.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">A study carried out by the Confederation of Nepalese Industries (CNI) shows that as much as 69.44 per cent entrepreneurs are reluctant to make further investment in agriculture, cement, medicine, footwear, fast moving consumer goods (FMCG), and other productive sector. The study further discloses that not a single entrepreneur is ready to add further investment in footwear, drug industry, and automobiles. As per the study, both the demand and transaction amount have dwindled in the market, discouraging entrepreneurs to inject new investment. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to the CNI, a total of 108 industrialists and businessmen from eighteen sectors and their sub-sectors were involved in the recently-conducted survey. The survey found that market demand and letter of credit (LC) had slumped and the tendency to back track from injecting new investment had risen sharply.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">At a time when the government is urging the investors and entrepreneurs to increase investment in projects and industries, entrepreneurs and industrialists seem to have abandoned their new plan for investment. According to the CNI survey, the average total demand of all sectors has shrunk by 28.28 per cent. Likewise, the average drop in transaction amount of all sector stands at 24.94 per cent. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Among the participants involved in the survey, 69.44 per cent responded that they had ditched the idea of injecting new investment. Investors fear to invest in automobile, drug industry and footwear the most. As per the CNI survey, literally no investors are willing to add investment in the existing projects or invest in new projects in these sectors. Demand in these sectors has slumped the most.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The study shows that demand in automobile industry dropped by 78.1 per cent. Similarly, demand of footwear and medicine declined by 45.3 and 18.8 per cent respectively. Unsurprisingly, transactions dwindled in the same ratio in these sectors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Industrialists and entrepreneurs are also hesitating to make fresh investment in agriculture, cement, construction companies, and information technology sector. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Demand for construction materials such as cement, rods, steels has diminished due to various reasons including rainfalls, festivals and November 20 polls in the first few months of the current fiscal year. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As per the CNI, transaction in automobile sector has dropped by 71 per cent while transaction in footwear has fallen by 51 per cent. Likewise, transactions of engineering/construction and cement industries have contracted by 43.7 and 39 per cent respectively.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The ban imposed on the import of luxury goods to increase foreign currency reserves has reduced letter of credit (LC) as well, according to the survey. The LC amount has dropped by 22.3 per cent. The LC in automobile industry has declined the most by 89 per cent. The government has banned the import of vans, jeeps and cars barring ambulances and hearse vehicles for the past eight months. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16190', 'image' => '20221205113056_Industries.jpg', 'article_date' => '2022-12-05 11:30:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16449', 'article_category_id' => '1', 'title' => 'More than 400 kg of Waste Collected from Shivapuri National Park ', 'sub_title' => '', 'summary' => 'December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing outcomes.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Tamish Giri</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing outcomes. According to the organizers, the volunteers by the sixth week have collected more than 400 kg of solid waste from the popular hiking spots across Shivapuri National Park. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Shivapuri clean-up campaign is organised by Clean-up Nepal and launched by the Delegation of the European Union (EU) to Nepal under the framework of the EU Climate Diplomacy and the European Year of Youth 2022.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The EU and Clean-Up Nepal jointly introduced a ten-week-long clean-up campaign on October 15 for the sustainability and beautification of the national park and to promote a culture of recycle.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“We had to pause the clean-up work during the election. Now that the election is over, we are planning to do the next two phases of clean-up in the coming two weeks," shared Ravindra Lamichhane, program manager of Clean Up Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Clean-up Nepal and the EU have collaborated with Nagarjun Municipality for collection and recycling of the waste. The volunteers have been collecting waste across the three hiking trails Nagi gumba, Bishnu Dwar and Shivapuri peak every Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“Likewise, we have on boarded Niten Memorial School, Budanilkantha and Kathmandu Forestry College for training and the volunteering program for the clean-up campaign,” Lamichhane adds. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> The ‘10 weeks permanent clean-up campaign in Shivapuri National Park’ was built on the previous successful clean-up campaign organised by Clean up Nepal in Shivapuri National Park in May 2022 under the framework of Europe Week.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> “In Europe, we have the Green Deal. It is our part of an action to make Europe the first carbon-neutral continent by 2050. So, this is also what we work on in Nepal. We work on GRID, a common agenda with the Nepal government, local stakeholders and development partners, and it is called Green Resilient Inclusive Development,” shared Nona Deprez, ambassador of the European Union Delegation to Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The team has installed a recyclable collection centre at the entrance of the Shivapuri National Park in Budhanilkantha.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Veronica Pineider, environment focal person for the EU Delegation, shared that the waste after the sorting work goes to various recycling plants with the help of the municipality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">EU started the project last year during Europe Week and did one of the Shivapuri National Park Clean-up projects, and this year skilled it for up to 10 weeks. It is an initiative of the EU to raise awareness at schools.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“ The project has been great, and we have reached out to hundreds of young people. We have many more projects under renewable energy on energy efficiency, supporting climate-smart agricultural value chains, and improving energy efficiency on buildings. So, this is one more visible project close to Kathmandu to reach out to the youth of Kathmandu and Budhanilkantha,” Deprez added.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16189', 'image' => '20221205114750_DSC_7444.jpg', 'article_date' => '2022-12-05 11:47:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16447', 'article_category_id' => '1', 'title' => 'England into World Cup Quarters ', 'sub_title' => '', 'summary' => 'December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over Senegal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over Senegal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Jordan Henderson scored the first goal for England in the 38th minute to set the tone of the game at Al Bayt Stadium of Qatar. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Harry Kan doubled England's lead in first half stoppage-time and Bukayo Saka scored the third goal in the 57<sup>th</sup> minute to ensure England’s victory</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">England will next face France in the quarter-finals. </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16188', 'image' => '20221205105238_3503142-71410008-2560-1440.jpg', 'article_date' => '2022-12-05 10:52:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16446', 'article_category_id' => '1', 'title' => 'France Beats Poland to Secure Place in World Cup Quarters', 'sub_title' => '', 'summary' => 'December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on Sunday. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">France edged past Poland 3-1 with goals from Olivier Giroud and Kylian Mbappe during the match played at Al Thumama Stadium in Qatar.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">With this victory, France has become the third team to reach to the quarter-final after the Netherlands and Argentina, who have already reached last eight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Netherlands defeated USA 3-1 and Argentina thrashed Australia 2-1 to secure their place in quarterfinals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">France netted one goal in the first half and two goals in second half. French striker Olivier Giroud scored the first goal of the match and Kylian Mbappe added two more goals to ensure France’s victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Poland scored a consolation goal through penalty in the second half to cut the deficit to 3-1. Robert Lewandowski scored the goal at second attempt in the dying minutes of the match. </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16187', 'image' => '20221205104450_skysports-france-poland-world-cup_5986634.jpg', 'article_date' => '2022-12-05 10:44:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16445', 'article_category_id' => '1', 'title' => 'Over A Dozen Former Ministers Defeated in Madhes Province', 'sub_title' => '', 'summary' => 'December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes Province. Among them, some were beaten by fresh faces while others could not stand against the old rivals during the November 20 polls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Dhanusha, six ex-ministers failed to secure the victory in the polls. CPN-Maoist Center Deputy General Secretary and former Minister Matrika Prasad Yadav was defeated by old rival from Janata Samajwadi Party Nepal’s Dipak Karki in Dhanusha constituency-1. Yadav had secured victory from the same constituency with 26,418 votes while Karki had garnered 17,296 votes in the 2017 election.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Of the three former ministers who had contested the polls from the Dhanusha constituency-2, former minister and Nepali Congress leader Ram Krishna Yadav secured victory by defeating former ministers Umshankar Argariya and Ram Chandra Jha. In the last election held in 2017, Argariya was elected while Jha and Yadav were defeated. In Dhanusha constituency-3, former Minister and Loktantraik Samajwadi Party leader Anil Kumar Jha was defeated by CPN-UML leader Julie Kumari Mahato. UML leader Ragubir Mahaseth defeated Nepali Congress Joint General Secretary and former minister Mahendra Yadav in Dhanusha constituyency-4.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, CPN-Unified Socialist leader and former minister Satrudhan Mahato was trounced by UML leader Hari Narayan Mahato in the province assembly polls in Dhanusha-6.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> While six former ministers failed to win the polls in Dhanusha, four ministers lost the general elections in the neighbouring district of Siraha.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NC leader and former minister Padam Narayan Chaudhary lost the election to UML’s Ram Shankar Yadav in Siraha-1. NC leader and former minister Chitra Lekha Yadav lost the polls in Siraha constituency-2. UML leader Lilanath Shrestha defeated Maoist leader and former Minister Biswonath Sah in constituency-3. Janata Samajwadi Party’s Birendra Prasad Mahato defeated former Minister Dharmanath Sah in constituency-4.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Saptari constituency-2, former Deputy Prime Minister Upendra Yadav lost the polls to Janamat Party’s Chief Dr CK Raut. In Mahottari, two ministers were defeated. Maoist Center’s leader and former Minister Girirajmani Pokhrel was defeated by his old rival CPN-UML’s Laxmi Mahato. Pokhrel lost the election by a margin of 1030 votes. Mahato garnered 23,402 votes while Pokhrel got 22,302 votes. </span></span></p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16186', 'image' => '20221204054427_janakpur.jpg', 'article_date' => '2022-12-04 17:43:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16444', 'article_category_id' => '1', 'title' => 'Export of Cooking Oil Slumps', 'sub_title' => '', 'summary' => 'December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a quarter.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a quarter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">India has reduced the customs duty on the import of cooking oil to keep the market price under control. Currently, India is charging customs duty of zero to 2.5 per cent. Earlier, the customs duty on import of edible oil was 40 percent. Nepali industrialists took advantage of this difference. But now, India imports oil from other countries at a cheaper price compared to Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Stakeholders shared that after the decline in oil exports, which is one of the main contributors to the government’s revenue, the country’s foreign trade will record deficits.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneur Suresh Rungta said that Nepal's industries had been exporting oil by paying up to 5 per cent duty under the SAFTA concession. But now India has started importing oil at zero percent customs duty and therefore the concession has become ineffective.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the data of the Birgunj customs office, which is the main point for cooking oil export, the export of refined palm oil has decreased by 69 per cent compared to the first quarter of the last fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Dhan Bahadur Baruwal, chief customs officer of Birgunj Customs Office, said that 7.6 million liters of palm oil worth Rs 13.5 billion were exported in the first four months of last year and has declined to Rs 4.9 billion during the same period this year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the first four months of the current year, 1.13 million kiloliters of soybean oil worth 3.2 billion rupees have been exported. This export value is 82 percent lower compared to last year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Soybean oil worth more than Rs 17.20 billion was exported between mid-July to mid-November last year. The export of sunflower oil also seems to have decreased by 79 per cent.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the first four months of the current fiscal year, 172,000 liters of sunflower oil worth Rs 32.8 million have been exported through Birgunj Customs. Last year, 76,000 liters of sunflower oil worth Rs 155.1 million were exported in the same period.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The data of the customs show that after the export of oil decreased, the import of its raw materials also decreased. From mid-July to mid-November of the current fiscal year, 42.9 million liters of raw palm oil were imported through the Birgunj customs. This is 61 percent less than the same period of last year. According to customs data, raw soybean oil import has decreased by 54 per cent to 53.8 million liters.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16185', 'image' => '20221204050106_1670105981.jpg', 'article_date' => '2022-12-04 17:00:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16443', 'article_category_id' => '1', 'title' => 'Coffee Import Increases by 216 Tons', 'sub_title' => '', 'summary' => 'December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric tons.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric tons. According to the National Tea and Coffee Development Board, this is the consequence of decline in the domestic production.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">In the fisccal year 2014/15, a total of 63.80 metric tons of coffee worth about Rs 25 million was imported into Nepal. This figure increased by 216 metric tons to 279.81 metric tons by the fiscal year 2021/22, amounting to Rs 12.75 million.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to the data of the board, during this period, the amount spent on coffee import increased by Rs 100.26 million. Similarly, during this period, the export volume decreased by 30 metric tons. In the fiscal year 2014/14, altogether 99.59 metric tons of coffee worth Rs 99.1 million were exported, which decreased to 69.51 metric tons in the fiscal year 2021/22. However, the amount earned from exports increased to Rs 11.7 million that year.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Deepak Khanal, information officer of the board, informed that Nepal has been unable to use the seeds of new varieties of coffee for a long time. There is also a lack of organic fertilizers used for coffee farming. As a result, production and exports have decreased. He added, “Until we understand why we are lagging behind in production and correct the weakness, we cannot improve the situation of production and export.”</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Stakeholders say that even though Nepali coffee fetches higher prices in the international market because of its taste and quality, Nepal is not getting as much profit as it should due to the inability to increase exports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to a study conducted by the International Coffee Organization (ICO), more than 2,160 metric tons of coffee is consumed in Nepal every year. The study shows that its demand is increasing every day. Domestically produced coffee is not able to meet the demand of the country even for one month. This has led to an increase in imports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to the board, it is necessary to protect and encourage coffee farmers to meet the increasing demand in the domestic market, attract the young generation towards it, increase the cultivation in a limited area and transform it into a 'coffee estate'.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16184', 'image' => '20221204030252_1669933354.Clipboard05.jpg', 'article_date' => '2022-12-04 15:02:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16442', 'article_category_id' => '1', 'title' => 'Buddha Air Seeks Permission for Ground Handling of Pokhara Airport', 'sub_title' => '', 'summary' => 'December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International Airport.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International Airport. The company has sought permission for ground handling of both domestic and international flights operated from Pokhara Airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Buddha Air has expressed its commitment to provide quality service to domestic and international airlines. The company, which has made Pokhara as its new hub, informed that all internal preparations have been completed for flights from the soon-to-be-opened international airport. The government has announced to operate the airport from January 1, 2023. The company said that it will contribute to bringing in more domestic and foreign tourists by making full use of the airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Buddha Air had made a schedule of 300 weekly flights, in which domestic flights will be operated to Nepalgunj, Bhairahawa, Bharatpur and Bhadrapur every day. Similarly, the company mentioned that there will be a flight to Benaras, India, three days a week on the international route.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16183', 'image' => '20221204015231_Pokhara-Airport 800.jpg', 'article_date' => '2022-12-04 13:51:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16441', 'article_category_id' => '1', 'title' => '20 ‘Unlucky’ Candidates who Lost HoR Election even after Securing 30,000 Plus Votes', 'sub_title' => '', 'summary' => 'December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000 votes.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000 votes.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Eight candidates from Nepali Congress (NC), seven from CPN-UML, three from CPN (Maoist Centre), one each from CPN (Unified Socialist) and Rastriya Janamorcha secured more than 30,000 votes but failed to secure their place in the new HoR.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Province-1, NC candidate from Panchthar constituency-1 Bhishma Raj Angdembe received 32,089 votes but lost the race with a thin margin of 46 votes. Other NC candidates, Krishna Prasad Sitaula from Jhapa constituency-3 obtained 37,386 votes, Sujata Koirala 31,940 and Bijay Kumar Gachchhadar 35,600. Likewise, UML's Jagadish Prasad Kusiyait from Sunsari-4 garnered 30,371 votes, but lost the election to NC candidate Gyanendra Bahadur Karki.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Madhes Province, CPN (Maoist Centre)'s Narendra Saha Kalawar from Sarlahi-3 secured 32,168 votes and NC candidate Umakanta Chaudhary from Bara-1 received 30,056 votes. Both of them could not secure their place in the parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Bagmati Province, UML candidate from Ramechhap-1 Kailash Prasad Dhungel lost the election even after garnering 30,730 votes. UML's Resham Bahadur Lama from Kavrepalanchowk-1 also gathered 30,548 votes but failed to win the election. Similarly, NC's Shiva Prasad Humagain from Kavrepalanchowk-2 obtained 39,482 votes and CPN (Unified Socialist)'s Birodh Khatiwada from Makawanpur-2 secured 30,432. Despite securing over 30,000 votes, both the candidates could not make it to the parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Gandaki Province, CPN (Maoist Centre)'s Dev Prasad Gurung contesting from Lamjung-1 got 31,791 votes, UML"s Tilak Bahadur Mahat from Nawalparasi Bardaghat Susta (East)-2 obtained 34,110 votes but failed to win the election.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Lumbini, UML candidate Pradeep Kumar Gyawali was defeated in the HoR election even after receiving 32,152 votes, NC's Pushpa Bhusal from Arghakhanchi-1 received 40,945 votes, NC's Bal Krishna Khand from Rupandehi-3 garnered 34,036 votes, UML's Brijesh Kumar Gupta from Kapilvastu-2 gathered 38,697 votes and Rastriya Janamorcha's Durga Poudel from Pyuthan-1 secured 35,814 votes. However, all of them failed to become members of parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Karnali Province, although UML's Dhurba Kumar Shahi from Surkhet-1 obtained 30,988 votes, he lost the election. In Sudurpaschim Province, CPN (Maoist Centre) candidate Narendra Bahadur Kunwar from Baitadi-1 lost the HoR election even after getting 32,080 votes, according to the Election Commission. (RSS)</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16182', 'image' => '20221204110812_KN_Damauli-image_6483441.jpg', 'article_date' => '2022-12-04 11:07:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '16457', 'article_category_id' => '1', 'title' => 'South Korea run out of luck as Brazil outclass the Asian side', 'sub_title' => '', 'summary' => 'December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing down.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">December 6: Any dreams of South Korea replicating their historic World Cup run from 20 years ago came crashing down with a last 16 humiliation at the hands of five-times champions Brazil, Reuters reported, adding that the Asian side's luck finally ran out in Qatar.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the news agency, Korea had qualified for the knockout stages by the skin of their teeth after beating Portugal at the death, watching the end of the other group game on mobile phones with frayed nerves as they waited for Ghana to deny Uruguay a decisive goal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">“Much to their relief, Uruguay were denied second place in the group as Ghana held on. The Koreans cried tears of joy when qualification was sealed, but three days later their fans would weep in despair.”</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Korea's reward for reaching the last 16 for the first time since 2010 was a showdown with pre-tournament favourites Brazil, who not so much waltzed into the quarter-finals but oozed class as they literally danced the samba in a 4-1 win at Stadium 974, added Reuters.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-06', 'modified' => '2022-12-06', 'keywords' => '', 'description' => '', 'sortorder' => '16198', 'image' => '20221206100347_brazil-dance-world-cup-vinicius-neymar.jpg', 'article_date' => '2022-12-06 10:02:54', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '16456', 'article_category_id' => '1', 'title' => 'Seventeen Independent Candidates Elected Nationwide', 'sub_title' => '', 'summary' => 'December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">December 5: As many as seventeen independent candidates have been elected to the House of Representatives and provincial assemblies in the polls held on November 20. As per the Election Commission, five independent candidates were elected to the lower house of the federal parliament while twelve independents got elected to the provincial assemblies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the Election Commission, six independent candidates were elected to the Madhes Provincial Assembly, three to the Lumbini Provincial Assembly and one to Gandaki Provincial Assembly. Likewise, one independent candidate each was elected to Karnali and Sudurpaschim provincial assemblies.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Yogendra Mandal was elected to the House of Representatives from Morang constituency-1 while Amresh Kumar Singh and Kiran Kumar Sah were elected members of the lower house of parliament from Sarlahi constituency-4 and Rautahat constituency-2 respectively. Likewise, Prabhu Sah and Lalbir Chaudhary made it to the House of Representatives from Rautahat-3 and Bardiya constituency-2 respectively.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Similarly, Anirudda Kumar Singh, Surita Kumari Sah, Jawahar Lal Kusahawa, Keshav Ray, Sharada Prasad Kalwar and Pramod Kumar Jaisawal have been elected to the Madhes Provincial Assembly. </span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Rajiv Gurung was elected to the Gandaki Provincial Assembly while Surul Pun, Dipendra Kumar Pun Magar and Khadga Basnet have been elected to the Lumbini Provincial Assembly. Devendra Bahadur Shahii and Tara Prasad Joshi made it to the Karnali Provincial Assembly and Sudurpaschim Provincial Assembly respectively.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16197', 'image' => '20221205043504_20220805085711_Election_Commission.2e16d0ba.fill-650x500.jpg', 'article_date' => '2022-12-05 16:34:33', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '16455', 'article_category_id' => '1', 'title' => 'EU Bans Cough Syrup Chemical over Severe Allergies, DDA yet to Take Action', 'sub_title' => '', 'summary' => 'December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general anaesthetic.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">December 5: The European Union's drug regulator has warned that cough medicines containing the chemical pholcodine should be banned due to the risk of potentially deadly allergic reactions in people under general anaesthetic.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to AFP, the European Medicines Agency (EMA) recommended that treatments containing pholcodine, which is used in adults and children to treat dry coughs, should be withdrawn from sale.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">"Use of pholcodine in the 12 months before general anaesthesia... is a risk factor for developing an anaphylactic reaction to muscle relaxants in the anaesthetic,” AFP quoted the Amsterdam-based watchdog as saying.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">Anaphylactic shock is a "sudden, severe and life-threatening allergic reaction", it added.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">Medicines with the chemical were "being withdrawn from the EU market and will therefore no longer be available by prescription or over the counter".</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">AFP added that opioid-based pholcodine has been used as a cough medicine since the 1950s.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">In April 2020 at the height of the Covid-19 pandemic, when dry cough was one of the main symptoms of the disease, French authorities had recommended against the use of syrups with pholcodine.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The EMA in January had recommended updating packaging to warn of the risk of allergies, based on new data.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The EMA’s warning comes just a week after the Department of Drug Administration (DDA) of Nepal issued a similar warning against the use and sale of pediatric drugs having chemical compounds such as Ethylene Glycol and Diethylene Glycol. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to the DDA, the World Health Organization (WHO)'s report has also noted that the use of medicines having Ethylene Glycol and Diethylene Glycol in different countries, including Zambia and Indonesia, has had serious effect on their kidneys of children and also caused death in some cases. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The DDA in a statement issued on November 28 made it clear that the medicines such as Promethazine Oral Solution, Kofexmalin Baby Cough Syrup, My Cough Baby Cough Syrup and Magrip and Cold Syrup produced by Haryana-based Miden Pharmaceuticals Limited containing such hazardous substance have not been registered in Nepal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">The department has also instructed the drug manufacturing companies to ensure that they do not mix-up such harmful chemical elements in the drugs manufactured and sold in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">However, the DDA is yet to ban pholcodine in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:14.0pt"><span style="font-family:"Calibri","sans-serif"">According to the DDA, the Government of Nepal has banned the production, sale, distribution, storage, transportation and import/export of a combination of narcotic drugs except the combination containing pholcodine and codeine and their sales as cough sedatives.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16196', 'image' => '20221205040754_20221205013449_pholcodine-linctus-raspberry.jpg', 'article_date' => '2022-12-05 16:07:32', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '16454', 'article_category_id' => '1', 'title' => 'Industrialists of Chitwan Announce Protest Programmes against Working Capital Guidelines', 'sub_title' => '', 'summary' => 'December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest rates.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">December 5: Industrialists of Chitwan have announced fresh protest against the current working capital guidelines 2079 and rising interest rates. The Chitwan Chamber of Commerce announced the protest programme at a press conference in Bharatpur on Sunday. The chamber warned that if their demands are not met, they will stage a series of protests. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the chamber, the implementation of the new guidelines is ruining the industry day by day, compelling the industrialists to shut down.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">According to the officials of the chamber, due to lack of liquidity and high interest rates, there has been a contraction in the overall demand, so they had to announce the protest programme under pressure. Raju Poudel, the immediate past president of the chamber, said that the current working capital loan guidelines are not appropriate in the current situation and that the guidelines are not in the best interest of industrialists.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that due to current working capital loan guidelines and high interest rates, 30 to 40 percent of industries are currently closed. He informed that due to this, there has been a decline in revenue collection and 1.7 million employees are on the verge of unemployment. To ease the situation, he suggested that the bank's CD ratio should be managed and the use of indigenous products should be increased.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">Trilochan Kandel, president of the chamber, said that their demands are not met even after drawing the attention of the government several times. He said, “We will organize peaceful protest programmes in coordination with other umbrella organizations of industrialists.”</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Times New Roman","serif"">He said that in addition to submitting memorandum to the district administration office, the Ministry of Finance and NRB, the protest programme will be continued. He warned that if the demands of industrialists are not addressed politically, they will not pay tax and interest from mid-December to mid-January. The industrialists complain that they have had to partially operate industries of construction, politics, pharmaceuticals, and food due to the current economic crisis and high interest rates.</span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16195', 'image' => '20221205023039_Protest.jpg', 'article_date' => '2022-12-05 14:29:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '16452', 'article_category_id' => '1', 'title' => 'Results of all 165 Constituencies Under FPTP Out ', 'sub_title' => 'Nepali Congress Emerges as the Largest Party', 'summary' => 'December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come out.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">December 5: Results of all 165 constituencies under the first-past-the-post electoral system to House of Representatives have come out. With the announcement of winner from Dolakha constituency-1 on Monday morning, election results of all constituencies under the first-past-the-post were made public by the Election Commission. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As per the final results of the direct election, Nepali Congress has emerged as the largest party winning 57 seats in the House of Representatives. Similarly, the CPN-UML has won 44 seats while the CPN-Maoist Center is third with 18 seats. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Similarly, the CPN-Unified Socialist has won 10 seats. Rastriya Swatantra Party, Rastriya Prajatantra Party and Janata Samajwadi Party Nepal each have won seven seats. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Likewise, Loktantraik Samajwadi Party and Nagarik Unmukti Party have won four seats and 3 seats respectively in the lower house of parliament. Janamat Party, Nepal Workers’ and Peasants’ Party and Rastriya Janamorcha each have won one seat. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">While the vote counting of the first-past-the-post is over, counting of votes under proportional representation system is underway. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As of Monday morning, the CPN-UML has garnered 27,88,356 votes while the Nepali Congress is trailing behind the UML with 26,60,246 votes. Meanwhile, the CPN-Maoists Center has secured 11,62,124 votes, followed by Rastriya Swatantra Party with 11,24,543 votes. Likewise, Rastriya Prajatantra Party and Janata Samajwadi Party Nepal have obtained 586,638 and 4,20,946 votes respectively. Janamat Party has garnered 3,94,523 votes. Other parties have failed to cross the threshold of 3,00000 votes in the proportional representation system. It means that the seven parties securing more than 300,000 votes will be recognized as national parties.</span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16193', 'image' => '20221205014657_KN_Damauli-image_6483441.jpg', 'article_date' => '2022-12-05 13:46:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '16450', 'article_category_id' => '1', 'title' => 'As Winter Approaches, Locals of Manang Flock Downhill to Escape the Biting Cold', 'sub_title' => '', 'summary' => 'December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing cold. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: With the dipping temperature and completion of the general elections, people living in the mountainous region of Manang district have left their villages and moved downhill to escape the freezing cold. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Seasonal migration to the downhill from the district is a normal practice for the people of Manang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief District Officer of Manang, Rabindra Prasad Acharya, said that the locals from Manang have gone to Kathmandu, Pokhara and other places with the onset of the chilling cold. “People of Manang travel to other districts to escape the chilly winter. This time, they migrated downhill a bit late due to the elections,” CDO Acharya informed. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Generally, people from this district start migrating from early November but this year, they migrated after the elections.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“It is time for snowfall. The water freezes. It is their compulsion to migrate to other districts,” Acharya added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The local residents make their journey downhill for almost four months to avoid cold. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">“They are forced to migrate as they have difficulties to transport foodstuffs and also the water gets frozen.” </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">CDO Acharya, however, said that arrival of tourists continues although the number of visitors is very few. Some tourism entrepreneurs remain here as long as the tourists continue visiting Manang. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">---- </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16191', 'image' => '20221205120841_NabinLamichhane_Manang_14_RSS1.jpg', 'article_date' => '2022-12-05 12:06:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '16448', 'article_category_id' => '1', 'title' => 'Seventy Per Cent Entrepreneurs, Industrialists Reluctant to Make New Investment', 'sub_title' => '', 'summary' => 'December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in Nepal.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">December 5: Uncertainty seen in the country’s economy has made majority of businessmen, entrepreneurs and industrialists to stay away from making new investment in Nepal. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">A study carried out by the Confederation of Nepalese Industries (CNI) shows that as much as 69.44 per cent entrepreneurs are reluctant to make further investment in agriculture, cement, medicine, footwear, fast moving consumer goods (FMCG), and other productive sector. The study further discloses that not a single entrepreneur is ready to add further investment in footwear, drug industry, and automobiles. As per the study, both the demand and transaction amount have dwindled in the market, discouraging entrepreneurs to inject new investment. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">According to the CNI, a total of 108 industrialists and businessmen from eighteen sectors and their sub-sectors were involved in the recently-conducted survey. The survey found that market demand and letter of credit (LC) had slumped and the tendency to back track from injecting new investment had risen sharply.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">At a time when the government is urging the investors and entrepreneurs to increase investment in projects and industries, entrepreneurs and industrialists seem to have abandoned their new plan for investment. According to the CNI survey, the average total demand of all sectors has shrunk by 28.28 per cent. Likewise, the average drop in transaction amount of all sector stands at 24.94 per cent. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Among the participants involved in the survey, 69.44 per cent responded that they had ditched the idea of injecting new investment. Investors fear to invest in automobile, drug industry and footwear the most. As per the CNI survey, literally no investors are willing to add investment in the existing projects or invest in new projects in these sectors. Demand in these sectors has slumped the most.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The study shows that demand in automobile industry dropped by 78.1 per cent. Similarly, demand of footwear and medicine declined by 45.3 and 18.8 per cent respectively. Unsurprisingly, transactions dwindled in the same ratio in these sectors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Industrialists and entrepreneurs are also hesitating to make fresh investment in agriculture, cement, construction companies, and information technology sector. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">Demand for construction materials such as cement, rods, steels has diminished due to various reasons including rainfalls, festivals and November 20 polls in the first few months of the current fiscal year. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">As per the CNI, transaction in automobile sector has dropped by 71 per cent while transaction in footwear has fallen by 51 per cent. Likewise, transactions of engineering/construction and cement industries have contracted by 43.7 and 39 per cent respectively.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:16.0pt">The ban imposed on the import of luxury goods to increase foreign currency reserves has reduced letter of credit (LC) as well, according to the survey. The LC amount has dropped by 22.3 per cent. The LC in automobile industry has declined the most by 89 per cent. The government has banned the import of vans, jeeps and cars barring ambulances and hearse vehicles for the past eight months. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16190', 'image' => '20221205113056_Industries.jpg', 'article_date' => '2022-12-05 11:30:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '16449', 'article_category_id' => '1', 'title' => 'More than 400 kg of Waste Collected from Shivapuri National Park ', 'sub_title' => '', 'summary' => 'December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing outcomes.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Tamish Giri</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">December 5: The ongoing Shivapuri National Park Clean-up Campaign in Nagarjun Municipality has seen astonishing outcomes. According to the organizers, the volunteers by the sixth week have collected more than 400 kg of solid waste from the popular hiking spots across Shivapuri National Park. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The Shivapuri clean-up campaign is organised by Clean-up Nepal and launched by the Delegation of the European Union (EU) to Nepal under the framework of the EU Climate Diplomacy and the European Year of Youth 2022.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The EU and Clean-Up Nepal jointly introduced a ten-week-long clean-up campaign on October 15 for the sustainability and beautification of the national park and to promote a culture of recycle.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“We had to pause the clean-up work during the election. Now that the election is over, we are planning to do the next two phases of clean-up in the coming two weeks," shared Ravindra Lamichhane, program manager of Clean Up Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Clean-up Nepal and the EU have collaborated with Nagarjun Municipality for collection and recycling of the waste. The volunteers have been collecting waste across the three hiking trails Nagi gumba, Bishnu Dwar and Shivapuri peak every Saturday.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“Likewise, we have on boarded Niten Memorial School, Budanilkantha and Kathmandu Forestry College for training and the volunteering program for the clean-up campaign,” Lamichhane adds. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> The ‘10 weeks permanent clean-up campaign in Shivapuri National Park’ was built on the previous successful clean-up campaign organised by Clean up Nepal in Shivapuri National Park in May 2022 under the framework of Europe Week.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt"> “In Europe, we have the Green Deal. It is our part of an action to make Europe the first carbon-neutral continent by 2050. So, this is also what we work on in Nepal. We work on GRID, a common agenda with the Nepal government, local stakeholders and development partners, and it is called Green Resilient Inclusive Development,” shared Nona Deprez, ambassador of the European Union Delegation to Nepal.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">The team has installed a recyclable collection centre at the entrance of the Shivapuri National Park in Budhanilkantha.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">Veronica Pineider, environment focal person for the EU Delegation, shared that the waste after the sorting work goes to various recycling plants with the help of the municipality.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">EU started the project last year during Europe Week and did one of the Shivapuri National Park Clean-up projects, and this year skilled it for up to 10 weeks. It is an initiative of the EU to raise awareness at schools.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:14.0pt">“ The project has been great, and we have reached out to hundreds of young people. We have many more projects under renewable energy on energy efficiency, supporting climate-smart agricultural value chains, and improving energy efficiency on buildings. So, this is one more visible project close to Kathmandu to reach out to the youth of Kathmandu and Budhanilkantha,” Deprez added.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16189', 'image' => '20221205114750_DSC_7444.jpg', 'article_date' => '2022-12-05 11:47:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 8 => array( 'Article' => array( 'id' => '16447', 'article_category_id' => '1', 'title' => 'England into World Cup Quarters ', 'sub_title' => '', 'summary' => 'December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over Senegal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: England secured a place in the quarter-finals of the FIFA World Cup 2022 early on Monday with a -0 win over Senegal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Jordan Henderson scored the first goal for England in the 38th minute to set the tone of the game at Al Bayt Stadium of Qatar. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Harry Kan doubled England's lead in first half stoppage-time and Bukayo Saka scored the third goal in the 57<sup>th</sup> minute to ensure England’s victory</span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">England will next face France in the quarter-finals. </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16188', 'image' => '20221205105238_3503142-71410008-2560-1440.jpg', 'article_date' => '2022-12-05 10:52:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '16446', 'article_category_id' => '1', 'title' => 'France Beats Poland to Secure Place in World Cup Quarters', 'sub_title' => '', 'summary' => 'December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on Sunday. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">December 5: Defending champions France saw off Poland 3-1 to reach to the quarter-final of the 2022 FIFA World Cup on Sunday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">France edged past Poland 3-1 with goals from Olivier Giroud and Kylian Mbappe during the match played at Al Thumama Stadium in Qatar.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">With this victory, France has become the third team to reach to the quarter-final after the Netherlands and Argentina, who have already reached last eight. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Netherlands defeated USA 3-1 and Argentina thrashed Australia 2-1 to secure their place in quarterfinals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">France netted one goal in the first half and two goals in second half. French striker Olivier Giroud scored the first goal of the match and Kylian Mbappe added two more goals to ensure France’s victory. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Poland scored a consolation goal through penalty in the second half to cut the deficit to 3-1. Robert Lewandowski scored the goal at second attempt in the dying minutes of the match. </span></span></span></p> ', 'published' => true, 'created' => '2022-12-05', 'modified' => '2022-12-05', 'keywords' => '', 'description' => '', 'sortorder' => '16187', 'image' => '20221205104450_skysports-france-poland-world-cup_5986634.jpg', 'article_date' => '2022-12-05 10:44:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '16445', 'article_category_id' => '1', 'title' => 'Over A Dozen Former Ministers Defeated in Madhes Province', 'sub_title' => '', 'summary' => 'December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes Province.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">December 4: More than a dozen former ministers were defeated in the elections to the House of Representative and Provincial Assembly in Madhes Province. Among them, some were beaten by fresh faces while others could not stand against the old rivals during the November 20 polls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Dhanusha, six ex-ministers failed to secure the victory in the polls. CPN-Maoist Center Deputy General Secretary and former Minister Matrika Prasad Yadav was defeated by old rival from Janata Samajwadi Party Nepal’s Dipak Karki in Dhanusha constituency-1. Yadav had secured victory from the same constituency with 26,418 votes while Karki had garnered 17,296 votes in the 2017 election.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Of the three former ministers who had contested the polls from the Dhanusha constituency-2, former minister and Nepali Congress leader Ram Krishna Yadav secured victory by defeating former ministers Umshankar Argariya and Ram Chandra Jha. In the last election held in 2017, Argariya was elected while Jha and Yadav were defeated. In Dhanusha constituency-3, former Minister and Loktantraik Samajwadi Party leader Anil Kumar Jha was defeated by CPN-UML leader Julie Kumari Mahato. UML leader Ragubir Mahaseth defeated Nepali Congress Joint General Secretary and former minister Mahendra Yadav in Dhanusha constituyency-4.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Likewise, CPN-Unified Socialist leader and former minister Satrudhan Mahato was trounced by UML leader Hari Narayan Mahato in the province assembly polls in Dhanusha-6.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""> While six former ministers failed to win the polls in Dhanusha, four ministers lost the general elections in the neighbouring district of Siraha.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">NC leader and former minister Padam Narayan Chaudhary lost the election to UML’s Ram Shankar Yadav in Siraha-1. NC leader and former minister Chitra Lekha Yadav lost the polls in Siraha constituency-2. UML leader Lilanath Shrestha defeated Maoist leader and former Minister Biswonath Sah in constituency-3. Janata Samajwadi Party’s Birendra Prasad Mahato defeated former Minister Dharmanath Sah in constituency-4.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In Saptari constituency-2, former Deputy Prime Minister Upendra Yadav lost the polls to Janamat Party’s Chief Dr CK Raut. In Mahottari, two ministers were defeated. Maoist Center’s leader and former Minister Girirajmani Pokhrel was defeated by his old rival CPN-UML’s Laxmi Mahato. Pokhrel lost the election by a margin of 1030 votes. Mahato garnered 23,402 votes while Pokhrel got 22,302 votes. </span></span></p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16186', 'image' => '20221204054427_janakpur.jpg', 'article_date' => '2022-12-04 17:43:50', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '16444', 'article_category_id' => '1', 'title' => 'Export of Cooking Oil Slumps', 'sub_title' => '', 'summary' => 'December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a quarter.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">December 4: Nepal's oil industry has been affected by India's policy, which aims to provide relief to its consumers. Due to India’s policy, oil export from Nepal has been reduced to a quarter.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">India has reduced the customs duty on the import of cooking oil to keep the market price under control. Currently, India is charging customs duty of zero to 2.5 per cent. Earlier, the customs duty on import of edible oil was 40 percent. Nepali industrialists took advantage of this difference. But now, India imports oil from other countries at a cheaper price compared to Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Stakeholders shared that after the decline in oil exports, which is one of the main contributors to the government’s revenue, the country’s foreign trade will record deficits.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Entrepreneur Suresh Rungta said that Nepal's industries had been exporting oil by paying up to 5 per cent duty under the SAFTA concession. But now India has started importing oil at zero percent customs duty and therefore the concession has become ineffective.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">According to the data of the Birgunj customs office, which is the main point for cooking oil export, the export of refined palm oil has decreased by 69 per cent compared to the first quarter of the last fiscal year. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Dhan Bahadur Baruwal, chief customs officer of Birgunj Customs Office, said that 7.6 million liters of palm oil worth Rs 13.5 billion were exported in the first four months of last year and has declined to Rs 4.9 billion during the same period this year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the first four months of the current year, 1.13 million kiloliters of soybean oil worth 3.2 billion rupees have been exported. This export value is 82 percent lower compared to last year.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">Soybean oil worth more than Rs 17.20 billion was exported between mid-July to mid-November last year. The export of sunflower oil also seems to have decreased by 79 per cent.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">In the first four months of the current fiscal year, 172,000 liters of sunflower oil worth Rs 32.8 million have been exported through Birgunj Customs. Last year, 76,000 liters of sunflower oil worth Rs 155.1 million were exported in the same period.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif"">The data of the customs show that after the export of oil decreased, the import of its raw materials also decreased. From mid-July to mid-November of the current fiscal year, 42.9 million liters of raw palm oil were imported through the Birgunj customs. This is 61 percent less than the same period of last year. According to customs data, raw soybean oil import has decreased by 54 per cent to 53.8 million liters.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16185', 'image' => '20221204050106_1670105981.jpg', 'article_date' => '2022-12-04 17:00:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '16443', 'article_category_id' => '1', 'title' => 'Coffee Import Increases by 216 Tons', 'sub_title' => '', 'summary' => 'December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric tons.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">December 4: In the last eight years, coffee import has increased by 216 metric tons, while export has decreased by 30 metric tons. According to the National Tea and Coffee Development Board, this is the consequence of decline in the domestic production.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">In the fisccal year 2014/15, a total of 63.80 metric tons of coffee worth about Rs 25 million was imported into Nepal. This figure increased by 216 metric tons to 279.81 metric tons by the fiscal year 2021/22, amounting to Rs 12.75 million.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to the data of the board, during this period, the amount spent on coffee import increased by Rs 100.26 million. Similarly, during this period, the export volume decreased by 30 metric tons. In the fiscal year 2014/14, altogether 99.59 metric tons of coffee worth Rs 99.1 million were exported, which decreased to 69.51 metric tons in the fiscal year 2021/22. However, the amount earned from exports increased to Rs 11.7 million that year.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Deepak Khanal, information officer of the board, informed that Nepal has been unable to use the seeds of new varieties of coffee for a long time. There is also a lack of organic fertilizers used for coffee farming. As a result, production and exports have decreased. He added, “Until we understand why we are lagging behind in production and correct the weakness, we cannot improve the situation of production and export.”</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Stakeholders say that even though Nepali coffee fetches higher prices in the international market because of its taste and quality, Nepal is not getting as much profit as it should due to the inability to increase exports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to a study conducted by the International Coffee Organization (ICO), more than 2,160 metric tons of coffee is consumed in Nepal every year. The study shows that its demand is increasing every day. Domestically produced coffee is not able to meet the demand of the country even for one month. This has led to an increase in imports.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">According to the board, it is necessary to protect and encourage coffee farmers to meet the increasing demand in the domestic market, attract the young generation towards it, increase the cultivation in a limited area and transform it into a 'coffee estate'.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16184', 'image' => '20221204030252_1669933354.Clipboard05.jpg', 'article_date' => '2022-12-04 15:02:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '16442', 'article_category_id' => '1', 'title' => 'Buddha Air Seeks Permission for Ground Handling of Pokhara Airport', 'sub_title' => '', 'summary' => 'December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International Airport.', 'content' => '<p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">December 4: Buddha Air, a private air service provider company, has submitted an application to the Civil Aviation Authority of Nepal to allow ground handling at the Pokhara Regional International Airport. The company has sought permission for ground handling of both domestic and international flights operated from Pokhara Airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Buddha Air has expressed its commitment to provide quality service to domestic and international airlines. The company, which has made Pokhara as its new hub, informed that all internal preparations have been completed for flights from the soon-to-be-opened international airport. The government has announced to operate the airport from January 1, 2023. The company said that it will contribute to bringing in more domestic and foreign tourists by making full use of the airport.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif"">Buddha Air had made a schedule of 300 weekly flights, in which domestic flights will be operated to Nepalgunj, Bhairahawa, Bharatpur and Bhadrapur every day. Similarly, the company mentioned that there will be a flight to Benaras, India, three days a week on the international route.</span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p><span style="font-size:16px"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16183', 'image' => '20221204015231_Pokhara-Airport 800.jpg', 'article_date' => '2022-12-04 13:51:46', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 14 => array( 'Article' => array( 'id' => '16441', 'article_category_id' => '1', 'title' => '20 ‘Unlucky’ Candidates who Lost HoR Election even after Securing 30,000 Plus Votes', 'sub_title' => '', 'summary' => 'December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000 votes.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">December 4: Twenty candidates, who contested the election for a seat in the House of Representatives on November 20, lost the poll even after securing over 30,000 votes.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">Eight candidates from Nepali Congress (NC), seven from CPN-UML, three from CPN (Maoist Centre), one each from CPN (Unified Socialist) and Rastriya Janamorcha secured more than 30,000 votes but failed to secure their place in the new HoR.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Province-1, NC candidate from Panchthar constituency-1 Bhishma Raj Angdembe received 32,089 votes but lost the race with a thin margin of 46 votes. Other NC candidates, Krishna Prasad Sitaula from Jhapa constituency-3 obtained 37,386 votes, Sujata Koirala 31,940 and Bijay Kumar Gachchhadar 35,600. Likewise, UML's Jagadish Prasad Kusiyait from Sunsari-4 garnered 30,371 votes, but lost the election to NC candidate Gyanendra Bahadur Karki.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Madhes Province, CPN (Maoist Centre)'s Narendra Saha Kalawar from Sarlahi-3 secured 32,168 votes and NC candidate Umakanta Chaudhary from Bara-1 received 30,056 votes. Both of them could not secure their place in the parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Bagmati Province, UML candidate from Ramechhap-1 Kailash Prasad Dhungel lost the election even after garnering 30,730 votes. UML's Resham Bahadur Lama from Kavrepalanchowk-1 also gathered 30,548 votes but failed to win the election. Similarly, NC's Shiva Prasad Humagain from Kavrepalanchowk-2 obtained 39,482 votes and CPN (Unified Socialist)'s Birodh Khatiwada from Makawanpur-2 secured 30,432. Despite securing over 30,000 votes, both the candidates could not make it to the parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Gandaki Province, CPN (Maoist Centre)'s Dev Prasad Gurung contesting from Lamjung-1 got 31,791 votes, UML"s Tilak Bahadur Mahat from Nawalparasi Bardaghat Susta (East)-2 obtained 34,110 votes but failed to win the election.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Lumbini, UML candidate Pradeep Kumar Gyawali was defeated in the HoR election even after receiving 32,152 votes, NC's Pushpa Bhusal from Arghakhanchi-1 received 40,945 votes, NC's Bal Krishna Khand from Rupandehi-3 garnered 34,036 votes, UML's Brijesh Kumar Gupta from Kapilvastu-2 gathered 38,697 votes and Rastriya Janamorcha's Durga Poudel from Pyuthan-1 secured 35,814 votes. However, all of them failed to become members of parliament.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:13.5pt"><span style="font-family:"Arial","sans-serif"">In Karnali Province, although UML's Dhurba Kumar Shahi from Surkhet-1 obtained 30,988 votes, he lost the election. In Sudurpaschim Province, CPN (Maoist Centre) candidate Narendra Bahadur Kunwar from Baitadi-1 lost the HoR election even after getting 32,080 votes, according to the Election Commission. (RSS)</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2022-12-04', 'modified' => '2022-12-04', 'keywords' => '', 'description' => '', 'sortorder' => '16182', 'image' => '20221204110812_KN_Damauli-image_6483441.jpg', 'article_date' => '2022-12-04 11:07:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
