May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.…
May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.…
…
Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year…
May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season.…
May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19.…
May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.…
May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May…
Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31…
May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency…
May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar.…
May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year.…
A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted the Mount…
May 12: Government authorities of Kathmandu are preparing to extend the prohibitory order by two…
Prime Minister KP Sharma Oli has lost vote of confidence in the House of…
May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18…
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', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading. At present, 25 percent of the cement industries have been shut down due to the fear of infection, while 75 percent of the operating industries are producing at minimum capacity.<br /> Iron industries have also reduced production to 10-12 hours per day. Entrepreneurs say that they have not been able to pay much attention to production at a time when the main challenge is to save people's lives and remain free from infection.<br /> Chairman of Nepal Cement Producers' Association, Dhruva Thapa, says that production of cement and its demand have dropped sharply since the prohibitory order was issued.<br /> "Even though the production capacity has been reduced, some industries are still operating," he said, adding, "About 25 percent of the industries have been shut down due to the lack of workers."<br /> Thapa said that the demand for cement and steel has also declined as workers are afraid to go to construction sites. He estimates that the demand for these construction materials has dropped by 50 percent. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Sources claim that most of the steel industries are also closed. These industries require oxygen cylinders. However, industries have supplied oxygen cylinders for the treatment of Covid-19 patients.<br /> Dhruba Kumar Shrestha, vice-chairman of Panchakanya Group, said that his company has arranged food and shelter for the workers within the factory premises.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">"We cannot shut the factory, the workers have to be paid or else they will starve. However, we have not been able to produce at full capacity like before," Shrestha said.<br /> He said that they are facing difficulty in supplying their products even though there was some demand.<br /> President of the Federation of Grill and Steel Entrepreneurs of Nepal Mohan Katuwal said that the production of grill and steel has dropped to 15 to 20 percent.<br /> Katuwal, who is also the commodity vice-president of the Federation of Nepalese Small and Household Industries, said that industries other than agriculture, livestock, dairy, and essential food have started to shut down.<br /> "Currently, local products have not found any market," he said.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-13', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13130', 'image' => '20210513022352_1620860457.Clipboard04.jpg', 'article_date' => '2021-05-13 14:22:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '13384', 'article_category_id' => '1', 'title' => '70 Climbers Scale Everest in a Day', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 13:<strong><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS""> </span></span></strong>A total of 70 climbers summited Mount Everest, the highest mountain in the world, on Wednesday, the state-owned national news agency RSS reported citing the Department of Tourism.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Director of the Department of Tourism Mira Acharya, who is currently at the Everest Base Camp, informed that 70 climbers from various countries reached atop the 8,846.86 metres- mountain in a single day. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A 12-member rope-fixing team (also known as the Icefall Doctors) led by renowned Everest climber Kamirita Sherpa had reached the summit of Everest on the evening of May 7, opening the door of the summit to a total of 408 aspiring climbers who had obtained permission for this year’s spring season expedition. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Since then, a total of 182 climbers have set their feet on the top of Everest, RSS further reported. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The spring season is the most favourable season for climbing Everest and the window is open until the end of May.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Last year, mountain expedition was closed due to the emergence of coronavirus. But the expedition is underway this year despite a surge in second wave of Covid-19.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Mountaineering is one of the major source of income of the country and the people, especially the Sherpas, involved in this sector.</span></span></span></span></p> ', 'published' => true, 'created' => '2021-05-13', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13129', 'image' => '20210513115218_20201209120005_1607418193.mount_everest.jpg', 'article_date' => '2021-05-13 11:50:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '13383', 'article_category_id' => '1', 'title' => ' Nepal’s remittances rise 16.5% to Rs 729 billion in nine months of current fiscal year ', 'sub_title' => 'Workers’ shift to formal channel to send money, decline in remittances inflow in corresponding period of last fiscal year attributed to the recent growth ', 'summary' => ' Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year 2020/21. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">May 12: Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year (FY 2020/21). <br /> According to the ‘Current Macroeconomic and Financial Situation of Nepal’ released by the Nepal Rastra Bank (NRB) on Wednesday, the total amount of remittances received in the review period is 16.5 percent higher than what the country had received from Nepalis working abroad in the corresponding period of the last fiscal year. <br /> In terms of US dollar, inflow of remittances grew 13 percent to $6.19 billion in mid-April. <br /> Despite Covid-19 crisis and fall in the number of Nepali migrant workers leaving for foreign employment, Nepal’s remittances growth has remained robust. <br /> NRB officials say that a number of factors including the increased formalization of remittances inflow, transfer of accumulated savings by workers and cash transfers offered by some developed countries have contributed to the growth of remittances in Nepal. <br /> “If we see the figures, the remittances growth was negative in the corresponding period of the last fiscal year. Even a little increment in workers’ transfers also leads to higher growth,” said Prakash Shrestha, an executive director at the NRB. On a year-on-year basis, remittance inflow had declined 4 percent in mid April last year, according to the NRB data. <br /> “But, the overall trend shows that the remittance growth remains robust despite global economic downturns,” said Shrestha, who heads the Economic Research Department of the NRB. <br /> According to Shrestha, the growing shift of Nepali workers to formal channel from informal channel to transfer money due to the restrictions and lockdowns in various countries as well as crackdown against Hundi in Nepal also caused the growth in remittance figures. <br /> Shrestha said that the earnings of Nepali workers were not much hit as feared earlier as many economies including the Gulf region started to observe a recovery from the pandemic-induced recessions. <br /> “Another factor that has driven up remittances is cash transfer by governments in developed countries including the US. Those who were able to save the cash due to lower expenses amid containment measures have sent money to their families here in Nepal,” added Shrestha. <br /> The World Bank, in its recent South Asia Focus, said that the remittances growth in 2020 was mainly due to channelization of remittances through formal system. <br /> “The September 2019 policy changes made it easier for migrants to open bank accounts, which may have facilitated a shift from unrecorded to recorded remittances,” read the report.</span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13128', 'image' => '20210512081815_Remittances.jpg', 'article_date' => '2021-05-12 20:15:11', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 3 => array( 'Article' => array( 'id' => '13382', 'article_category_id' => '1', 'title' => 'Farmers Seek Paddy Seeds Well Ahead of Plantation Season', 'sub_title' => '', 'summary' => 'May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. Fearing that the seeds would not be available on time due to the prohibitory order, they have started to search for paddy seeds well ahead of the plantation season.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Farmers have started to buy paddy seeds from various cooperatives, seed centres, agro-vets, and other places. The government-owned Agriculture Inputs Company Limited has also started distributing paddy seeds to farmers from Kathmandu, Bhairahawa, Dhangadhi, Nepalgunj, Birgunj, and Hetauda. Out of its stock of 800 metric tons of paddy seeds, the company has so far distributed 500 metric tons of seeds.<br /> Around 70,000 metric tons of paddy seeds are required annually for a total of 1.35 million hectares of arable land in Nepal. Private companies and entrepreneurs supply a large amount of seed. It is estimated that Nepali companies produce 10,000 metric tons of paddy seeds annually.<br /> Seeds of local rice species such as Savitri, Sonamansuli, Makwanpur, and Basmati are produced in Nepal while hybrid seeds are imported from India and China. Nepal imports about 68 varieties of hybrid rice seeds from abroad annually.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">According to Chhotelal Prasad Lohar, central vice president of the Seed Entrepreneurs' Association, seed traders of Nepal started to import paddy seeds from India about two weeks ago to provide them to the farmers on time amid the pandemic.<br /> According to him, the farmers of Banke, Bardiya, Dang, Chitwan, Siraha, Saptari, and other districts are demanding seeds at present. "Farmers were not able to get seeds on time due to the lockdown last year. Therefore, the farmers have started to make arrangements for seeds quite early this year to avoid such problems,” he said.<br /> Mitra Raj Dawadi, the outgoing president of the Seed Producers' Association, said that the farmers are also worried as Nepali seed companies have produced fewer seeds this year than last year. According to him, 8,000 metric tons of seeds were produced last year, while 10,000 metric tons were produced the previous year. Seed production has declined in Nepal due to damage to caused by certain crop diseases.</span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13127', 'image' => '20210512035550_20181125011444_pady-1024x682.jpg', 'article_date' => '2021-05-12 15:54:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '13381', 'article_category_id' => '1', 'title' => 'FNCCI sets up Help Desk to Facilitate Covid-19 Treatment ', 'sub_title' => '', 'summary' => 'May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. ', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt">May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. <br /> Issuing a statement on Wednesday, the FNCCI said that its recent meeting decided to establish the Help Desk to facilitate desperate people receive various healthcare services including oxygen cylinder, ambulance and isolation for Covid-19 patients. <br /> According to the statement, the Help Desk will coordinate with respective agencies to provide Covid-19 treatment and related services to its members, industrialists, business people as well as to the general public. Those who want to get the service can request the Held Desk by sending text or making phone call at 9801096812 or 9801192591, according to the statement.<br /> “Those who are in problem or seeking help or facilitation for Covid-19 treatment are getting the services from the Help Desk,” read the statement.<br /> FNCCI said that the Help Desk is a part of its FNCCI Operation COVID-19 Relief Nepal Campaign that it recently launched.<br /> Earlier on Saturday, the FNCCI had launched the ‘Hello Doctor’ service to provide free health counseling to Covid-19 patients via Viber video calls. </span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13126', 'image' => '20210512122802_FNCCI.jpg', 'article_date' => '2021-05-12 12:27:13', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 5 => array( 'Article' => array( 'id' => '13380', 'article_category_id' => '1', 'title' => 'SC Issues Interim Order to Ensure Oxygen Supply', 'sub_title' => '', 'summary' => 'May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19. </span><br /> <span style="font-family:"Arial Unicode MS"">A single bench of Justice Bam Kumar Shrestha issued the order to ensure smooth supply of medicines and oxygen as well as develop hospital infrastructures immediately.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The court order instructs the government to “take necessary initiative towards further enhancing hospitals and to ensure smooth supply of drugs and oxygen necessary for the treatment of COVID-19 patients”. </span><br /> <span style="font-family:"Arial Unicode MS"">The order further tells the government to make sure the deployment of necessary human resources keeping in mind the flow of patients in the hospitals. </span><br /> <span style="font-family:"Arial Unicode MS"">The Supreme Court has also directed the government to form a working committee representing all stakeholders to resolve the problems faced by the public.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The apex court has also instructed the government to submit a written explanation within 15 days regarding the lack of oxygen in hospitals across the country. </span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13125', 'image' => '20210512122342_20201127115547_20200417094838_CKC_ktm.jpg', 'article_date' => '2021-05-12 12:22:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '13379', 'article_category_id' => '1', 'title' => 'Prohibitory Order Extended by 2 Weeks', 'sub_title' => '', 'summary' => 'May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May 27.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May 27.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">A meeting of the chief district officers (CDOs) of Kathmandu, Lalitpur and Bhaktapur on Tuesday (May 11) decided to extend the prohibitory order for two more weeks.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">CDO of Kathmandu Kali Prasad Rijal informed that the prohibitory order had to be extended in view of the rise in COVID-19 cases. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">As per the decision taken by the CDOs, the sale and purchase of essential goods will remain open up to 10.00 am instead of 9.00 am.<br /> During this time, only the sales of most essential items food will be. <br /> Prohibitory order has been enforced in the Valley since April 28.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Tuesday’s meeting also decided to impose additional restrictions on marriages and construction activities. The authorities have decided to allow transportation of construction materials only between 10 pm to 4 am. The workers are required to follow health protocols at work.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Earlier, 15 people could attend marriages at temples or party palaces. But now, only 10 people can attend marriage ceremonies that too in private compounds. </span></span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13124', 'image' => '20210512120931_20200903113103_1599056781.jpg', 'article_date' => '2021-05-12 12:08:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '13378', 'article_category_id' => '1', 'title' => 'Ban on international scheduled flights extended till May 31 ', 'sub_title' => 'CAAN instructs airlines not to open passenger booking to and from Nepal until further advice, facilitate refunding of airticket or extension of travel date', 'summary' => 'Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31 midnight. ', 'content' => '<p>May 11: The Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31 midnight. </p> <p>Issuing an urgent notice on Tuesday, CAAN said that it decided to extend the ban on international flights except two flights a week between Kathmandu and New Delhi till 31st May. CAAN will allow one flight each by Nepal Airlines and Air India under the Air Bubble Arrangement between Nepal and India. Earlier on May 3, CAAN had decided to suspend all scheduled international flights from May 6 to May 14. <br /> CAAN suspended international flights as part of the government measures to contain the outbreak of new variants of Covid-19. <br /> Prohibitory orders have been imposed in Kathmandu Valley and most of the districts. A joint meeting of the Chief District Officers of Kathmandu, Lalitpur and Bhaktapur districts on Tuesday decided to extend the prohibitory period by another 15 days. The prohibitory period in the Valley that was in place since April 29 was expiring on Wednesday midnight. <img alt="" src="/app/webroot/userfiles/images/CAAN%20Notice.jpg" style="float:right; height:409px; width:400px" /><br /> Not only the international scheduled flights have been banned, CAAN also directed airlines not to open passenger bookings to and from Nepal until further notice. <br /> “Airlines are informed not to open passenger bookings to and from Nepal until further notice and they have also been instructed to facilitate refunding of air tickets or extension of travel date as required by passengers,” read the notice. </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13123', 'image' => '20210511091023_International Flights.jpg', 'article_date' => '2021-05-11 21:02:21', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 8 => array( 'Article' => array( 'id' => '13377', 'article_category_id' => '1', 'title' => 'CAAN Tells Airline Operators not to Charge Exorbitant Fare for Emergency Flights', 'sub_title' => '', 'summary' => 'May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency flights.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency flights.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">Issuing a statement on Monday, CAAN said that its serious attention has been drawn towards the news disseminated by different media outlets regarding the high fare charged by the helicopter companies in the name of emergency flight. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">CAAN added that it has directed all helicopter companies to reduce the additional fare they have been charging while airlifting Covid-19 patients. </span><br /> <span style="font-family:"Arial Unicode MS"">Similarly, CAAN also directed the helicopter companies to make public the name and telephone number of their liaison officers in order to control unwanted activities that might take place from intermediaries in emergency and rescue flights. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">CAAN has requested the general public to contact Deputy Manager Gyanendra Bhul in his mobile number 9851135091 if there were any complaints. </span><br /> <span style="font-family:"Arial Unicode MS"">The Airline Operators Association of Nepal in a separate statement has requested all its member companies not to take high fare in the name of rescuing Covid-19 patients. </span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS""><img alt="" src="/app/webroot/userfiles/images/My%20Effect%283%29.jpg" style="height:409px; width:545px" /></span></span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13122', 'image' => '20210511051232_20200826024213_1598389402.Clipboard08.jpg', 'article_date' => '2021-05-11 17:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '13376', 'article_category_id' => '1', 'title' => 'Government Dilly-Dallying Import of Sugar', 'sub_title' => 'Traders take advantage to hike the price arbitarily', 'summary' => 'May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">It has been learnt that permission has been delayed due to lack of coordination between the Ministry of Finance (MoF) and the Ministry of Industry, Commerce and Supplies (MoICS).</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">The STC had run out of sugar stock since December last year. It had sent a letter to the Ministry of Industry, Commerce and Supplies in January seeking permission to buy 50,000 metric tons of sugar. The STC can begin the process of purchasing sugar only after the letter is approved by the Ministry of Finance. However, the purchase of sugar has been delayed due to lack of coordination between the two ministries.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Kumar Raj Bhandari, spokesperson of the STC, said that they have not received any response from the ministry regarding the letter. Urmila KC, deputy spokesperson of MoICS, said that the ministry had sent a letter to the Ministry of Finance in December last year seeking permission to buy 50,000 metric tonnes of sugar but they have not received any response so far. Meanwhile KC is not aware about the reason for the delay.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Earlier, the MoICS had said that the permission to import sugar was delayed as the ministry was ascertaining the volume of sugar that the Nepali sugar industries would produce this year. However, Nepal Sugar Producers Association has already sent the data of sugar produced by the industries to the ministry one month ago. This year, Nepal has produced 100,000 metric tons of sugar.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Meanwhile, the Ministry of Finance has said that the letter to purchase sugar from MoICS was received only on April 22, not in December last year. Mahesh Acharya, spokesperson of the MoF, said he was not aware of the letter received in December last year.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Traders, on the other hand, have arbitrarily increased the price of sugar taking advantage of the prohibitory orders imposed to contain coronavirus. They have increased the price of sugar by Rs 10 per kg in a month. According to Nepal Retailers Association, the price of sugar has been increased to Rs 95 from Rs 85 per kg. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13121', 'image' => '20210511045157_20201220120511_Sweet2.jpg', 'article_date' => '2021-05-11 16:50:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '13375', 'article_category_id' => '1', 'title' => 'Import of Gold Jewelries Increasing', 'sub_title' => '', 'summary' => 'May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria">May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year. The figure is based on the data released by the Department of Customs for the first nine months of the current fiscal year. On the basis of quantity, 32 kg of gold jewelries have been imported into the country during the review period.<br /> In April alone, gold jewelries worth Rs 72.83 million have been imported. By mid-February, gold jewelries worth Rs 67.36 million were imported. By mid-April, it has increased to Rs 142.06 million.<br /> The number of gold ornaments imported in the first eight months of the current fiscal year is more than the import in the corresponding period of the previous fiscal year. Gold jewelries worth Rs 67.3 million were imported in the first eight months (July to February) of last fiscal year, while gold jewelries worth Rs 72.8 million were imported in April alone.<br /> Import of gold jewelries has increased due to the shortage of goldsmiths amid coronavirus crisis.<br /> Tejaratna Shakya, former president of the Federation of Gold and Silver Dealers Association of Nepal, said that the import of jewelries has increased due to the shortage of goldsmiths and the growing demand for gold.<br /> “About 75 percent of goldsmiths working in the Nepali market are Indian nationals. However, due to the coronavirus pandemic, they have not been able to return to Nepal in sufficient numbers. Currently, Nepali goldsmiths are also scattered across the country,” he said.<br /> As the demand for wedding season in April has increased, the ornament factories have not been able to meet the demand accordingly, says Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria">“As a result, the import of gold ornaments in April has skyrocketed.”<br /> By the third quarter of last year, jewelries worth Rs 56 million were imported. On a year-on-year basis, import of gold jewelries has also increased by 150 percent.<br /> Stakeholders claim that the goldsmiths in Nepal can make jewelries of the design prevalent in the world market. However, traders say that the trend of importing gold jewelries has been increasing recently.<br /> According to the department, gold jewelries have been imported to Nepal from Bahrain, Korea, Hong Kong, Malaysia, Pakistan, Portugal, Qatar, Oman, Norway, Saudi Arabia, Singapore, Thailand, Turkey, the UAE, the UK, and Iceland.<br /> Lately, the demand for foreign-designed jewelries has been increasing in Nepal. Nepali customers have been attracted to wear jewelries shown in foreign movies. As a result, the import of gold jewelries has started increasing, said Shakya, former president of the federation.<br /> President of the Federation of Nepal Gold and Silver Dealers Association Manika Ratna Shakya also said that the import of gold jewelries was unnatural. He said that the government should bring a policy to discourage it. "It is better to import raw gold than to import gold jewelries. For this, the government should bring the right policy,” he urged.</span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13120', 'image' => '20210511010933_20150913051136_teej.JPG', 'article_date' => '2021-05-11 13:08:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '13374', 'article_category_id' => '1', 'title' => ' Bahraini Team Including Royal Family Member Scales Mount Everest ', 'sub_title' => ' The King of Bahrain calls the expedition team after summiting the world’s highest peak ', 'summary' => 'A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted the Mount Everest.', 'content' => '<p>May 11: A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted Mount Everest, the world's highest peak.<br /> Posting a photo on Instagram, Bahrain’s Royal Guard said that its team reached the top of Everest at 5:30 am on Tuesday. </p> <p>“The Team have just reached the summit and have received a call from His Majesty King Hamad Bin Isa Ai Khalifa, the King of Bahrain," read the post. </p> <p>The Bahraini team had arrived in Nepal on March 16 to scale Mount Everest in the spring season. Earlier in October 2020, the Bahraini royal team had come to Nepal and scaled Mt Manaslu (8,163 meters).</p> <p>The 16-member expedition team from Bahrain includes a royal family member, 13 members from the Royal Guard, a unit of the Defense Force of Bahrain, and three British nationals. Seven Summit Treks Pvt Ltd managed the expedition for the Bahraini team.<a href="https://www.instagram.com/p/COtrebCBRpB/"><img alt="" src="/app/webroot/userfiles/images/Bahrain_2%281%29.JPG" style="float:right; height:225px; width:350px" /></a></p> <p>The Bahraini team reached atop Mount Everest four days after a team of 12 ice-fall doctors summitted the highest peak and fixed the rope. The rope-fixing team includes Kamirita Sherpa who also made a record of climbing Mount Everest 25th time. </p> <p>According to the Department of Tourism, it has issued permits to 408 climbers to scale Mount Everest in this spring season. <br /> </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13119', 'image' => '20210511120258_Bahraini_.JPG', 'article_date' => '2021-05-11 12:00:04', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 12 => array( 'Article' => array( 'id' => '13373', 'article_category_id' => '1', 'title' => 'Government Authorities Preparing to Extend Prohibitory Order by 15 Days', 'sub_title' => '', 'summary' => 'May 12: Government authorities of Kathmandu are preparing to extend the prohibitory order by two weeks.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 12: Government authorities are preparing to extend the prohibitory order by two weeks in Kathmandu Valley. The District Covid-19 Crisis Management Centre, Kathmandu has recommended the government to extend the prohibitory order in the capital for 15 more days. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chief District Officer of Kathmandu, Kali Prasad Parajuli, informed that a meeting of the chief district officers of Kathmandu valley would take a decision to this effect today (May 12). </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Parajuli said that it was necessary to extend the prohibitory order in the valley to avoid mass gathering of people as Covid-19 is spreading rapidly in this area. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The Kathmandu Valley has been recording around 4,000 Covid-19 cases per day. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The prohibitory order was initially imposed in the Kathmandu Valley for a week on April 29 and later it was extended for another one week. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The prohibitory order is expiring on midnight of May 12. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13118', 'image' => '20210511094843_20200601121121_lockdown.jpg', 'article_date' => '2021-05-11 09:48:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '13372', 'article_category_id' => '1', 'title' => 'Prime Minister Oli Loses Vote of Confidence in Parliament ', 'sub_title' => ' CPN (UML)-led government that once enjoyed nearly two-third majority in the parliament toppled ', 'summary' => 'Prime Minister KP Sharma Oli has lost vote of confidence in the House of Representatives.', 'content' => '<p>May 10: Prime Minister KP Sharma Oli has lost vote of confidence in the House of Representatives, leading to an exit of the Communist government that rose to the power in February 2018 with the support of nearly two-third majority in the parliament.<br /> The House’s special session on Monday rejected the Prime Minister Oli’s motion of confidence as 124 out of 232 members present in the meeting of the HoR voted against him. The Prime Minister’s motion of confidence was able to secure only 93 votes in the House. <br /> Prime Minister Oli needed 136 votes in the HoR which has 271 members. <br /> Not only the CPN (Maoist Center)—another communist party that was earlier a coalition partner—voted against the motion, 28 parliamenterians close to Madhav Kumar Nepal-led faction of PM Oli’s own CPN (UML) abstained from the House meeting amid escalating intra-party rivalry. Nepali Congress, the main opposition party, also stood against the motion. So did Rastriya Janamorcha Nepal. <br /> Similarly, 15 parliamentarians of Janata Samajwadi Party (JSP) remained neutral. Interestingly, 15 members of the same party voted against Prime Minister Oli. JSP was also sharply divided on whether to vote against the motion. </p> <p><br /> <em><strong>PROCESS FOR THE FORMATION OF MAJORITY GOVT BEGINS </strong></em><br /> With the Prime Minister Oli’s ouster, President Bidya Devi Bhandari started a process to form the majority government. Issuing a notice on Monday after Prime Minister Oli lost vote of confidence in the House, President Bhandari issued a notice asking any member to claim majority in the parliament with the support of two or more than two parties by Thursday to get appointed as the new Prime Minister of the country. The President issued the notice as per the Article 76(2) of the Constitution of Nepal. As per the article, the President shall appoint as the Prime Minister a member of the House who can command majority with the support of two or more parties representing to the House in cases where no party has a clear majority in the House. <br /> </p> ', 'published' => true, 'created' => '2021-05-10', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13117', 'image' => '20210510104957_RS_KTM-2810.jpg', 'article_date' => '2021-05-10 22:36:20', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 14 => array( 'Article' => array( 'id' => '13369', 'article_category_id' => '1', 'title' => 'Central Bank to Issue Treasury Bill worth Rs 8.18 Billion', 'sub_title' => '', 'summary' => 'May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18 billion.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18 billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The central bank is issuing the treasury bills with maturity period of 91 days, 182 days and 364 days to arrange internal loan for the government.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Treasury bills worth Rs100 million issued for 91 days will mature on August 10, 2021. Similarly, treasury bills worth Rs 6 billion will be issued for a period of 181 days. The bills will mature on November 9, 2021. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The central bank is also issuing treasury bills worth Rs 2.8 billion with a maturity period of 364 days. Those T-bills will mature on May 10, 2022.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">According to the central bank, the bidding process of the treasury bills have been opened from 3 pm today (May 10) and the auction will take place from May 11 onwards.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-10', 'modified' => '2021-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '13114', 'image' => '20210510045402_1620639681.nrb.jpg', 'article_date' => '2021-05-10 16:52:49', '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
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', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading. At present, 25 percent of the cement industries have been shut down due to the fear of infection, while 75 percent of the operating industries are producing at minimum capacity.<br /> Iron industries have also reduced production to 10-12 hours per day. Entrepreneurs say that they have not been able to pay much attention to production at a time when the main challenge is to save people's lives and remain free from infection.<br /> Chairman of Nepal Cement Producers' Association, Dhruva Thapa, says that production of cement and its demand have dropped sharply since the prohibitory order was issued.<br /> "Even though the production capacity has been reduced, some industries are still operating," he said, adding, "About 25 percent of the industries have been shut down due to the lack of workers."<br /> Thapa said that the demand for cement and steel has also declined as workers are afraid to go to construction sites. He estimates that the demand for these construction materials has dropped by 50 percent. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Sources claim that most of the steel industries are also closed. These industries require oxygen cylinders. However, industries have supplied oxygen cylinders for the treatment of Covid-19 patients.<br /> Dhruba Kumar Shrestha, vice-chairman of Panchakanya Group, said that his company has arranged food and shelter for the workers within the factory premises.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">"We cannot shut the factory, the workers have to be paid or else they will starve. However, we have not been able to produce at full capacity like before," Shrestha said.<br /> He said that they are facing difficulty in supplying their products even though there was some demand.<br /> President of the Federation of Grill and Steel Entrepreneurs of Nepal Mohan Katuwal said that the production of grill and steel has dropped to 15 to 20 percent.<br /> Katuwal, who is also the commodity vice-president of the Federation of Nepalese Small and Household Industries, said that industries other than agriculture, livestock, dairy, and essential food have started to shut down.<br /> "Currently, local products have not found any market," he said.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-13', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13130', 'image' => '20210513022352_1620860457.Clipboard04.jpg', 'article_date' => '2021-05-13 14:22:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '13384', 'article_category_id' => '1', 'title' => '70 Climbers Scale Everest in a Day', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 13:<strong><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS""> </span></span></strong>A total of 70 climbers summited Mount Everest, the highest mountain in the world, on Wednesday, the state-owned national news agency RSS reported citing the Department of Tourism.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Director of the Department of Tourism Mira Acharya, who is currently at the Everest Base Camp, informed that 70 climbers from various countries reached atop the 8,846.86 metres- mountain in a single day. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A 12-member rope-fixing team (also known as the Icefall Doctors) led by renowned Everest climber Kamirita Sherpa had reached the summit of Everest on the evening of May 7, opening the door of the summit to a total of 408 aspiring climbers who had obtained permission for this year’s spring season expedition. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Since then, a total of 182 climbers have set their feet on the top of Everest, RSS further reported. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The spring season is the most favourable season for climbing Everest and the window is open until the end of May.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Last year, mountain expedition was closed due to the emergence of coronavirus. But the expedition is underway this year despite a surge in second wave of Covid-19.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Mountaineering is one of the major source of income of the country and the people, especially the Sherpas, involved in this sector.</span></span></span></span></p> ', 'published' => true, 'created' => '2021-05-13', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13129', 'image' => '20210513115218_20201209120005_1607418193.mount_everest.jpg', 'article_date' => '2021-05-13 11:50:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '13383', 'article_category_id' => '1', 'title' => ' Nepal’s remittances rise 16.5% to Rs 729 billion in nine months of current fiscal year ', 'sub_title' => 'Workers’ shift to formal channel to send money, decline in remittances inflow in corresponding period of last fiscal year attributed to the recent growth ', 'summary' => ' Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year 2020/21. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">May 12: Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year (FY 2020/21). <br /> According to the ‘Current Macroeconomic and Financial Situation of Nepal’ released by the Nepal Rastra Bank (NRB) on Wednesday, the total amount of remittances received in the review period is 16.5 percent higher than what the country had received from Nepalis working abroad in the corresponding period of the last fiscal year. <br /> In terms of US dollar, inflow of remittances grew 13 percent to $6.19 billion in mid-April. <br /> Despite Covid-19 crisis and fall in the number of Nepali migrant workers leaving for foreign employment, Nepal’s remittances growth has remained robust. <br /> NRB officials say that a number of factors including the increased formalization of remittances inflow, transfer of accumulated savings by workers and cash transfers offered by some developed countries have contributed to the growth of remittances in Nepal. <br /> “If we see the figures, the remittances growth was negative in the corresponding period of the last fiscal year. Even a little increment in workers’ transfers also leads to higher growth,” said Prakash Shrestha, an executive director at the NRB. On a year-on-year basis, remittance inflow had declined 4 percent in mid April last year, according to the NRB data. <br /> “But, the overall trend shows that the remittance growth remains robust despite global economic downturns,” said Shrestha, who heads the Economic Research Department of the NRB. <br /> According to Shrestha, the growing shift of Nepali workers to formal channel from informal channel to transfer money due to the restrictions and lockdowns in various countries as well as crackdown against Hundi in Nepal also caused the growth in remittance figures. <br /> Shrestha said that the earnings of Nepali workers were not much hit as feared earlier as many economies including the Gulf region started to observe a recovery from the pandemic-induced recessions. <br /> “Another factor that has driven up remittances is cash transfer by governments in developed countries including the US. Those who were able to save the cash due to lower expenses amid containment measures have sent money to their families here in Nepal,” added Shrestha. <br /> The World Bank, in its recent South Asia Focus, said that the remittances growth in 2020 was mainly due to channelization of remittances through formal system. <br /> “The September 2019 policy changes made it easier for migrants to open bank accounts, which may have facilitated a shift from unrecorded to recorded remittances,” read the report.</span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13128', 'image' => '20210512081815_Remittances.jpg', 'article_date' => '2021-05-12 20:15:11', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 3 => array( 'Article' => array( 'id' => '13382', 'article_category_id' => '1', 'title' => 'Farmers Seek Paddy Seeds Well Ahead of Plantation Season', 'sub_title' => '', 'summary' => 'May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. Fearing that the seeds would not be available on time due to the prohibitory order, they have started to search for paddy seeds well ahead of the plantation season.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Farmers have started to buy paddy seeds from various cooperatives, seed centres, agro-vets, and other places. The government-owned Agriculture Inputs Company Limited has also started distributing paddy seeds to farmers from Kathmandu, Bhairahawa, Dhangadhi, Nepalgunj, Birgunj, and Hetauda. Out of its stock of 800 metric tons of paddy seeds, the company has so far distributed 500 metric tons of seeds.<br /> Around 70,000 metric tons of paddy seeds are required annually for a total of 1.35 million hectares of arable land in Nepal. Private companies and entrepreneurs supply a large amount of seed. It is estimated that Nepali companies produce 10,000 metric tons of paddy seeds annually.<br /> Seeds of local rice species such as Savitri, Sonamansuli, Makwanpur, and Basmati are produced in Nepal while hybrid seeds are imported from India and China. Nepal imports about 68 varieties of hybrid rice seeds from abroad annually.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">According to Chhotelal Prasad Lohar, central vice president of the Seed Entrepreneurs' Association, seed traders of Nepal started to import paddy seeds from India about two weeks ago to provide them to the farmers on time amid the pandemic.<br /> According to him, the farmers of Banke, Bardiya, Dang, Chitwan, Siraha, Saptari, and other districts are demanding seeds at present. "Farmers were not able to get seeds on time due to the lockdown last year. Therefore, the farmers have started to make arrangements for seeds quite early this year to avoid such problems,” he said.<br /> Mitra Raj Dawadi, the outgoing president of the Seed Producers' Association, said that the farmers are also worried as Nepali seed companies have produced fewer seeds this year than last year. According to him, 8,000 metric tons of seeds were produced last year, while 10,000 metric tons were produced the previous year. Seed production has declined in Nepal due to damage to caused by certain crop diseases.</span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13127', 'image' => '20210512035550_20181125011444_pady-1024x682.jpg', 'article_date' => '2021-05-12 15:54:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '13381', 'article_category_id' => '1', 'title' => 'FNCCI sets up Help Desk to Facilitate Covid-19 Treatment ', 'sub_title' => '', 'summary' => 'May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. ', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt">May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. <br /> Issuing a statement on Wednesday, the FNCCI said that its recent meeting decided to establish the Help Desk to facilitate desperate people receive various healthcare services including oxygen cylinder, ambulance and isolation for Covid-19 patients. <br /> According to the statement, the Help Desk will coordinate with respective agencies to provide Covid-19 treatment and related services to its members, industrialists, business people as well as to the general public. Those who want to get the service can request the Held Desk by sending text or making phone call at 9801096812 or 9801192591, according to the statement.<br /> “Those who are in problem or seeking help or facilitation for Covid-19 treatment are getting the services from the Help Desk,” read the statement.<br /> FNCCI said that the Help Desk is a part of its FNCCI Operation COVID-19 Relief Nepal Campaign that it recently launched.<br /> Earlier on Saturday, the FNCCI had launched the ‘Hello Doctor’ service to provide free health counseling to Covid-19 patients via Viber video calls. </span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13126', 'image' => '20210512122802_FNCCI.jpg', 'article_date' => '2021-05-12 12:27:13', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 5 => array( 'Article' => array( 'id' => '13380', 'article_category_id' => '1', 'title' => 'SC Issues Interim Order to Ensure Oxygen Supply', 'sub_title' => '', 'summary' => 'May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19. </span><br /> <span style="font-family:"Arial Unicode MS"">A single bench of Justice Bam Kumar Shrestha issued the order to ensure smooth supply of medicines and oxygen as well as develop hospital infrastructures immediately.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The court order instructs the government to “take necessary initiative towards further enhancing hospitals and to ensure smooth supply of drugs and oxygen necessary for the treatment of COVID-19 patients”. </span><br /> <span style="font-family:"Arial Unicode MS"">The order further tells the government to make sure the deployment of necessary human resources keeping in mind the flow of patients in the hospitals. </span><br /> <span style="font-family:"Arial Unicode MS"">The Supreme Court has also directed the government to form a working committee representing all stakeholders to resolve the problems faced by the public.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The apex court has also instructed the government to submit a written explanation within 15 days regarding the lack of oxygen in hospitals across the country. </span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13125', 'image' => '20210512122342_20201127115547_20200417094838_CKC_ktm.jpg', 'article_date' => '2021-05-12 12:22:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '13379', 'article_category_id' => '1', 'title' => 'Prohibitory Order Extended by 2 Weeks', 'sub_title' => '', 'summary' => 'May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May 27.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May 27.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">A meeting of the chief district officers (CDOs) of Kathmandu, Lalitpur and Bhaktapur on Tuesday (May 11) decided to extend the prohibitory order for two more weeks.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">CDO of Kathmandu Kali Prasad Rijal informed that the prohibitory order had to be extended in view of the rise in COVID-19 cases. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">As per the decision taken by the CDOs, the sale and purchase of essential goods will remain open up to 10.00 am instead of 9.00 am.<br /> During this time, only the sales of most essential items food will be. <br /> Prohibitory order has been enforced in the Valley since April 28.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Tuesday’s meeting also decided to impose additional restrictions on marriages and construction activities. The authorities have decided to allow transportation of construction materials only between 10 pm to 4 am. The workers are required to follow health protocols at work.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Earlier, 15 people could attend marriages at temples or party palaces. But now, only 10 people can attend marriage ceremonies that too in private compounds. </span></span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13124', 'image' => '20210512120931_20200903113103_1599056781.jpg', 'article_date' => '2021-05-12 12:08:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '13378', 'article_category_id' => '1', 'title' => 'Ban on international scheduled flights extended till May 31 ', 'sub_title' => 'CAAN instructs airlines not to open passenger booking to and from Nepal until further advice, facilitate refunding of airticket or extension of travel date', 'summary' => 'Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31 midnight. ', 'content' => '<p>May 11: The Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31 midnight. </p> <p>Issuing an urgent notice on Tuesday, CAAN said that it decided to extend the ban on international flights except two flights a week between Kathmandu and New Delhi till 31st May. CAAN will allow one flight each by Nepal Airlines and Air India under the Air Bubble Arrangement between Nepal and India. Earlier on May 3, CAAN had decided to suspend all scheduled international flights from May 6 to May 14. <br /> CAAN suspended international flights as part of the government measures to contain the outbreak of new variants of Covid-19. <br /> Prohibitory orders have been imposed in Kathmandu Valley and most of the districts. A joint meeting of the Chief District Officers of Kathmandu, Lalitpur and Bhaktapur districts on Tuesday decided to extend the prohibitory period by another 15 days. The prohibitory period in the Valley that was in place since April 29 was expiring on Wednesday midnight. <img alt="" src="/app/webroot/userfiles/images/CAAN%20Notice.jpg" style="float:right; height:409px; width:400px" /><br /> Not only the international scheduled flights have been banned, CAAN also directed airlines not to open passenger bookings to and from Nepal until further notice. <br /> “Airlines are informed not to open passenger bookings to and from Nepal until further notice and they have also been instructed to facilitate refunding of air tickets or extension of travel date as required by passengers,” read the notice. </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13123', 'image' => '20210511091023_International Flights.jpg', 'article_date' => '2021-05-11 21:02:21', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 8 => array( 'Article' => array( 'id' => '13377', 'article_category_id' => '1', 'title' => 'CAAN Tells Airline Operators not to Charge Exorbitant Fare for Emergency Flights', 'sub_title' => '', 'summary' => 'May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency flights.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency flights.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">Issuing a statement on Monday, CAAN said that its serious attention has been drawn towards the news disseminated by different media outlets regarding the high fare charged by the helicopter companies in the name of emergency flight. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">CAAN added that it has directed all helicopter companies to reduce the additional fare they have been charging while airlifting Covid-19 patients. </span><br /> <span style="font-family:"Arial Unicode MS"">Similarly, CAAN also directed the helicopter companies to make public the name and telephone number of their liaison officers in order to control unwanted activities that might take place from intermediaries in emergency and rescue flights. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">CAAN has requested the general public to contact Deputy Manager Gyanendra Bhul in his mobile number 9851135091 if there were any complaints. </span><br /> <span style="font-family:"Arial Unicode MS"">The Airline Operators Association of Nepal in a separate statement has requested all its member companies not to take high fare in the name of rescuing Covid-19 patients. </span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS""><img alt="" src="/app/webroot/userfiles/images/My%20Effect%283%29.jpg" style="height:409px; width:545px" /></span></span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13122', 'image' => '20210511051232_20200826024213_1598389402.Clipboard08.jpg', 'article_date' => '2021-05-11 17:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '13376', 'article_category_id' => '1', 'title' => 'Government Dilly-Dallying Import of Sugar', 'sub_title' => 'Traders take advantage to hike the price arbitarily', 'summary' => 'May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">It has been learnt that permission has been delayed due to lack of coordination between the Ministry of Finance (MoF) and the Ministry of Industry, Commerce and Supplies (MoICS).</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">The STC had run out of sugar stock since December last year. It had sent a letter to the Ministry of Industry, Commerce and Supplies in January seeking permission to buy 50,000 metric tons of sugar. The STC can begin the process of purchasing sugar only after the letter is approved by the Ministry of Finance. However, the purchase of sugar has been delayed due to lack of coordination between the two ministries.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Kumar Raj Bhandari, spokesperson of the STC, said that they have not received any response from the ministry regarding the letter. Urmila KC, deputy spokesperson of MoICS, said that the ministry had sent a letter to the Ministry of Finance in December last year seeking permission to buy 50,000 metric tonnes of sugar but they have not received any response so far. Meanwhile KC is not aware about the reason for the delay.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Earlier, the MoICS had said that the permission to import sugar was delayed as the ministry was ascertaining the volume of sugar that the Nepali sugar industries would produce this year. However, Nepal Sugar Producers Association has already sent the data of sugar produced by the industries to the ministry one month ago. This year, Nepal has produced 100,000 metric tons of sugar.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Meanwhile, the Ministry of Finance has said that the letter to purchase sugar from MoICS was received only on April 22, not in December last year. Mahesh Acharya, spokesperson of the MoF, said he was not aware of the letter received in December last year.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Traders, on the other hand, have arbitrarily increased the price of sugar taking advantage of the prohibitory orders imposed to contain coronavirus. They have increased the price of sugar by Rs 10 per kg in a month. According to Nepal Retailers Association, the price of sugar has been increased to Rs 95 from Rs 85 per kg. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13121', 'image' => '20210511045157_20201220120511_Sweet2.jpg', 'article_date' => '2021-05-11 16:50:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '13375', 'article_category_id' => '1', 'title' => 'Import of Gold Jewelries Increasing', 'sub_title' => '', 'summary' => 'May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria">May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year. The figure is based on the data released by the Department of Customs for the first nine months of the current fiscal year. On the basis of quantity, 32 kg of gold jewelries have been imported into the country during the review period.<br /> In April alone, gold jewelries worth Rs 72.83 million have been imported. By mid-February, gold jewelries worth Rs 67.36 million were imported. By mid-April, it has increased to Rs 142.06 million.<br /> The number of gold ornaments imported in the first eight months of the current fiscal year is more than the import in the corresponding period of the previous fiscal year. Gold jewelries worth Rs 67.3 million were imported in the first eight months (July to February) of last fiscal year, while gold jewelries worth Rs 72.8 million were imported in April alone.<br /> Import of gold jewelries has increased due to the shortage of goldsmiths amid coronavirus crisis.<br /> Tejaratna Shakya, former president of the Federation of Gold and Silver Dealers Association of Nepal, said that the import of jewelries has increased due to the shortage of goldsmiths and the growing demand for gold.<br /> “About 75 percent of goldsmiths working in the Nepali market are Indian nationals. However, due to the coronavirus pandemic, they have not been able to return to Nepal in sufficient numbers. Currently, Nepali goldsmiths are also scattered across the country,” he said.<br /> As the demand for wedding season in April has increased, the ornament factories have not been able to meet the demand accordingly, says Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria">“As a result, the import of gold ornaments in April has skyrocketed.”<br /> By the third quarter of last year, jewelries worth Rs 56 million were imported. On a year-on-year basis, import of gold jewelries has also increased by 150 percent.<br /> Stakeholders claim that the goldsmiths in Nepal can make jewelries of the design prevalent in the world market. However, traders say that the trend of importing gold jewelries has been increasing recently.<br /> According to the department, gold jewelries have been imported to Nepal from Bahrain, Korea, Hong Kong, Malaysia, Pakistan, Portugal, Qatar, Oman, Norway, Saudi Arabia, Singapore, Thailand, Turkey, the UAE, the UK, and Iceland.<br /> Lately, the demand for foreign-designed jewelries has been increasing in Nepal. Nepali customers have been attracted to wear jewelries shown in foreign movies. As a result, the import of gold jewelries has started increasing, said Shakya, former president of the federation.<br /> President of the Federation of Nepal Gold and Silver Dealers Association Manika Ratna Shakya also said that the import of gold jewelries was unnatural. He said that the government should bring a policy to discourage it. "It is better to import raw gold than to import gold jewelries. For this, the government should bring the right policy,” he urged.</span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13120', 'image' => '20210511010933_20150913051136_teej.JPG', 'article_date' => '2021-05-11 13:08:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '13374', 'article_category_id' => '1', 'title' => ' Bahraini Team Including Royal Family Member Scales Mount Everest ', 'sub_title' => ' The King of Bahrain calls the expedition team after summiting the world’s highest peak ', 'summary' => 'A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted the Mount Everest.', 'content' => '<p>May 11: A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted Mount Everest, the world's highest peak.<br /> Posting a photo on Instagram, Bahrain’s Royal Guard said that its team reached the top of Everest at 5:30 am on Tuesday. </p> <p>“The Team have just reached the summit and have received a call from His Majesty King Hamad Bin Isa Ai Khalifa, the King of Bahrain," read the post. </p> <p>The Bahraini team had arrived in Nepal on March 16 to scale Mount Everest in the spring season. Earlier in October 2020, the Bahraini royal team had come to Nepal and scaled Mt Manaslu (8,163 meters).</p> <p>The 16-member expedition team from Bahrain includes a royal family member, 13 members from the Royal Guard, a unit of the Defense Force of Bahrain, and three British nationals. Seven Summit Treks Pvt Ltd managed the expedition for the Bahraini team.<a href="https://www.instagram.com/p/COtrebCBRpB/"><img alt="" src="/app/webroot/userfiles/images/Bahrain_2%281%29.JPG" style="float:right; height:225px; width:350px" /></a></p> <p>The Bahraini team reached atop Mount Everest four days after a team of 12 ice-fall doctors summitted the highest peak and fixed the rope. The rope-fixing team includes Kamirita Sherpa who also made a record of climbing Mount Everest 25th time. </p> <p>According to the Department of Tourism, it has issued permits to 408 climbers to scale Mount Everest in this spring season. <br /> </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13119', 'image' => '20210511120258_Bahraini_.JPG', 'article_date' => '2021-05-11 12:00:04', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 12 => array( 'Article' => array( 'id' => '13373', 'article_category_id' => '1', 'title' => 'Government Authorities Preparing to Extend Prohibitory Order by 15 Days', 'sub_title' => '', 'summary' => 'May 12: Government authorities of Kathmandu are preparing to extend the prohibitory order by two weeks.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 12: Government authorities are preparing to extend the prohibitory order by two weeks in Kathmandu Valley. The District Covid-19 Crisis Management Centre, Kathmandu has recommended the government to extend the prohibitory order in the capital for 15 more days. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chief District Officer of Kathmandu, Kali Prasad Parajuli, informed that a meeting of the chief district officers of Kathmandu valley would take a decision to this effect today (May 12). </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Parajuli said that it was necessary to extend the prohibitory order in the valley to avoid mass gathering of people as Covid-19 is spreading rapidly in this area. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The Kathmandu Valley has been recording around 4,000 Covid-19 cases per day. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The prohibitory order was initially imposed in the Kathmandu Valley for a week on April 29 and later it was extended for another one week. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The prohibitory order is expiring on midnight of May 12. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13118', 'image' => '20210511094843_20200601121121_lockdown.jpg', 'article_date' => '2021-05-11 09:48:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '13372', 'article_category_id' => '1', 'title' => 'Prime Minister Oli Loses Vote of Confidence in Parliament ', 'sub_title' => ' CPN (UML)-led government that once enjoyed nearly two-third majority in the parliament toppled ', 'summary' => 'Prime Minister KP Sharma Oli has lost vote of confidence in the House of Representatives.', 'content' => '<p>May 10: Prime Minister KP Sharma Oli has lost vote of confidence in the House of Representatives, leading to an exit of the Communist government that rose to the power in February 2018 with the support of nearly two-third majority in the parliament.<br /> The House’s special session on Monday rejected the Prime Minister Oli’s motion of confidence as 124 out of 232 members present in the meeting of the HoR voted against him. The Prime Minister’s motion of confidence was able to secure only 93 votes in the House. <br /> Prime Minister Oli needed 136 votes in the HoR which has 271 members. <br /> Not only the CPN (Maoist Center)—another communist party that was earlier a coalition partner—voted against the motion, 28 parliamenterians close to Madhav Kumar Nepal-led faction of PM Oli’s own CPN (UML) abstained from the House meeting amid escalating intra-party rivalry. Nepali Congress, the main opposition party, also stood against the motion. So did Rastriya Janamorcha Nepal. <br /> Similarly, 15 parliamentarians of Janata Samajwadi Party (JSP) remained neutral. Interestingly, 15 members of the same party voted against Prime Minister Oli. JSP was also sharply divided on whether to vote against the motion. </p> <p><br /> <em><strong>PROCESS FOR THE FORMATION OF MAJORITY GOVT BEGINS </strong></em><br /> With the Prime Minister Oli’s ouster, President Bidya Devi Bhandari started a process to form the majority government. Issuing a notice on Monday after Prime Minister Oli lost vote of confidence in the House, President Bhandari issued a notice asking any member to claim majority in the parliament with the support of two or more than two parties by Thursday to get appointed as the new Prime Minister of the country. The President issued the notice as per the Article 76(2) of the Constitution of Nepal. As per the article, the President shall appoint as the Prime Minister a member of the House who can command majority with the support of two or more parties representing to the House in cases where no party has a clear majority in the House. <br /> </p> ', 'published' => true, 'created' => '2021-05-10', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13117', 'image' => '20210510104957_RS_KTM-2810.jpg', 'article_date' => '2021-05-10 22:36:20', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 14 => array( 'Article' => array( 'id' => '13369', 'article_category_id' => '1', 'title' => 'Central Bank to Issue Treasury Bill worth Rs 8.18 Billion', 'sub_title' => '', 'summary' => 'May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18 billion.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18 billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The central bank is issuing the treasury bills with maturity period of 91 days, 182 days and 364 days to arrange internal loan for the government.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Treasury bills worth Rs100 million issued for 91 days will mature on August 10, 2021. Similarly, treasury bills worth Rs 6 billion will be issued for a period of 181 days. The bills will mature on November 9, 2021. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The central bank is also issuing treasury bills worth Rs 2.8 billion with a maturity period of 364 days. Those T-bills will mature on May 10, 2022.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">According to the central bank, the bidding process of the treasury bills have been opened from 3 pm today (May 10) and the auction will take place from May 11 onwards.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-10', 'modified' => '2021-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '13114', 'image' => '20210510045402_1620639681.nrb.jpg', 'article_date' => '2021-05-10 16:52:49', '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' => '13385', 'article_category_id' => '1', 'title' => '25 Percent of Cement Industries Closed', 'sub_title' => '', 'summary' => 'May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading. At present, 25 percent of the cement industries have been shut down due to the fear of infection, while 75 percent of the operating industries are producing at minimum capacity.<br /> Iron industries have also reduced production to 10-12 hours per day. Entrepreneurs say that they have not been able to pay much attention to production at a time when the main challenge is to save people's lives and remain free from infection.<br /> Chairman of Nepal Cement Producers' Association, Dhruva Thapa, says that production of cement and its demand have dropped sharply since the prohibitory order was issued.<br /> "Even though the production capacity has been reduced, some industries are still operating," he said, adding, "About 25 percent of the industries have been shut down due to the lack of workers."<br /> Thapa said that the demand for cement and steel has also declined as workers are afraid to go to construction sites. He estimates that the demand for these construction materials has dropped by 50 percent. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Sources claim that most of the steel industries are also closed. These industries require oxygen cylinders. However, industries have supplied oxygen cylinders for the treatment of Covid-19 patients.<br /> Dhruba Kumar Shrestha, vice-chairman of Panchakanya Group, said that his company has arranged food and shelter for the workers within the factory premises.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">"We cannot shut the factory, the workers have to be paid or else they will starve. However, we have not been able to produce at full capacity like before," Shrestha said.<br /> He said that they are facing difficulty in supplying their products even though there was some demand.<br /> President of the Federation of Grill and Steel Entrepreneurs of Nepal Mohan Katuwal said that the production of grill and steel has dropped to 15 to 20 percent.<br /> Katuwal, who is also the commodity vice-president of the Federation of Nepalese Small and Household Industries, said that industries other than agriculture, livestock, dairy, and essential food have started to shut down.<br /> "Currently, local products have not found any market," he said.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-13', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13130', 'image' => '20210513022352_1620860457.Clipboard04.jpg', 'article_date' => '2021-05-13 14:22:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '13384', 'article_category_id' => '1', 'title' => '70 Climbers Scale Everest in a Day', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 13:<strong><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS""> </span></span></strong>A total of 70 climbers summited Mount Everest, the highest mountain in the world, on Wednesday, the state-owned national news agency RSS reported citing the Department of Tourism.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Director of the Department of Tourism Mira Acharya, who is currently at the Everest Base Camp, informed that 70 climbers from various countries reached atop the 8,846.86 metres- mountain in a single day. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A 12-member rope-fixing team (also known as the Icefall Doctors) led by renowned Everest climber Kamirita Sherpa had reached the summit of Everest on the evening of May 7, opening the door of the summit to a total of 408 aspiring climbers who had obtained permission for this year’s spring season expedition. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Since then, a total of 182 climbers have set their feet on the top of Everest, RSS further reported. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The spring season is the most favourable season for climbing Everest and the window is open until the end of May.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Last year, mountain expedition was closed due to the emergence of coronavirus. But the expedition is underway this year despite a surge in second wave of Covid-19.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Mountaineering is one of the major source of income of the country and the people, especially the Sherpas, involved in this sector.</span></span></span></span></p> ', 'published' => true, 'created' => '2021-05-13', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13129', 'image' => '20210513115218_20201209120005_1607418193.mount_everest.jpg', 'article_date' => '2021-05-13 11:50:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '13383', 'article_category_id' => '1', 'title' => ' Nepal’s remittances rise 16.5% to Rs 729 billion in nine months of current fiscal year ', 'sub_title' => 'Workers’ shift to formal channel to send money, decline in remittances inflow in corresponding period of last fiscal year attributed to the recent growth ', 'summary' => ' Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year 2020/21. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">May 12: Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year (FY 2020/21). <br /> According to the ‘Current Macroeconomic and Financial Situation of Nepal’ released by the Nepal Rastra Bank (NRB) on Wednesday, the total amount of remittances received in the review period is 16.5 percent higher than what the country had received from Nepalis working abroad in the corresponding period of the last fiscal year. <br /> In terms of US dollar, inflow of remittances grew 13 percent to $6.19 billion in mid-April. <br /> Despite Covid-19 crisis and fall in the number of Nepali migrant workers leaving for foreign employment, Nepal’s remittances growth has remained robust. <br /> NRB officials say that a number of factors including the increased formalization of remittances inflow, transfer of accumulated savings by workers and cash transfers offered by some developed countries have contributed to the growth of remittances in Nepal. <br /> “If we see the figures, the remittances growth was negative in the corresponding period of the last fiscal year. Even a little increment in workers’ transfers also leads to higher growth,” said Prakash Shrestha, an executive director at the NRB. On a year-on-year basis, remittance inflow had declined 4 percent in mid April last year, according to the NRB data. <br /> “But, the overall trend shows that the remittance growth remains robust despite global economic downturns,” said Shrestha, who heads the Economic Research Department of the NRB. <br /> According to Shrestha, the growing shift of Nepali workers to formal channel from informal channel to transfer money due to the restrictions and lockdowns in various countries as well as crackdown against Hundi in Nepal also caused the growth in remittance figures. <br /> Shrestha said that the earnings of Nepali workers were not much hit as feared earlier as many economies including the Gulf region started to observe a recovery from the pandemic-induced recessions. <br /> “Another factor that has driven up remittances is cash transfer by governments in developed countries including the US. Those who were able to save the cash due to lower expenses amid containment measures have sent money to their families here in Nepal,” added Shrestha. <br /> The World Bank, in its recent South Asia Focus, said that the remittances growth in 2020 was mainly due to channelization of remittances through formal system. <br /> “The September 2019 policy changes made it easier for migrants to open bank accounts, which may have facilitated a shift from unrecorded to recorded remittances,” read the report.</span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13128', 'image' => '20210512081815_Remittances.jpg', 'article_date' => '2021-05-12 20:15:11', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 3 => array( 'Article' => array( 'id' => '13382', 'article_category_id' => '1', 'title' => 'Farmers Seek Paddy Seeds Well Ahead of Plantation Season', 'sub_title' => '', 'summary' => 'May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. Fearing that the seeds would not be available on time due to the prohibitory order, they have started to search for paddy seeds well ahead of the plantation season.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Farmers have started to buy paddy seeds from various cooperatives, seed centres, agro-vets, and other places. The government-owned Agriculture Inputs Company Limited has also started distributing paddy seeds to farmers from Kathmandu, Bhairahawa, Dhangadhi, Nepalgunj, Birgunj, and Hetauda. Out of its stock of 800 metric tons of paddy seeds, the company has so far distributed 500 metric tons of seeds.<br /> Around 70,000 metric tons of paddy seeds are required annually for a total of 1.35 million hectares of arable land in Nepal. Private companies and entrepreneurs supply a large amount of seed. It is estimated that Nepali companies produce 10,000 metric tons of paddy seeds annually.<br /> Seeds of local rice species such as Savitri, Sonamansuli, Makwanpur, and Basmati are produced in Nepal while hybrid seeds are imported from India and China. Nepal imports about 68 varieties of hybrid rice seeds from abroad annually.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">According to Chhotelal Prasad Lohar, central vice president of the Seed Entrepreneurs' Association, seed traders of Nepal started to import paddy seeds from India about two weeks ago to provide them to the farmers on time amid the pandemic.<br /> According to him, the farmers of Banke, Bardiya, Dang, Chitwan, Siraha, Saptari, and other districts are demanding seeds at present. "Farmers were not able to get seeds on time due to the lockdown last year. Therefore, the farmers have started to make arrangements for seeds quite early this year to avoid such problems,” he said.<br /> Mitra Raj Dawadi, the outgoing president of the Seed Producers' Association, said that the farmers are also worried as Nepali seed companies have produced fewer seeds this year than last year. According to him, 8,000 metric tons of seeds were produced last year, while 10,000 metric tons were produced the previous year. Seed production has declined in Nepal due to damage to caused by certain crop diseases.</span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13127', 'image' => '20210512035550_20181125011444_pady-1024x682.jpg', 'article_date' => '2021-05-12 15:54:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '13381', 'article_category_id' => '1', 'title' => 'FNCCI sets up Help Desk to Facilitate Covid-19 Treatment ', 'sub_title' => '', 'summary' => 'May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. ', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt">May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. <br /> Issuing a statement on Wednesday, the FNCCI said that its recent meeting decided to establish the Help Desk to facilitate desperate people receive various healthcare services including oxygen cylinder, ambulance and isolation for Covid-19 patients. <br /> According to the statement, the Help Desk will coordinate with respective agencies to provide Covid-19 treatment and related services to its members, industrialists, business people as well as to the general public. Those who want to get the service can request the Held Desk by sending text or making phone call at 9801096812 or 9801192591, according to the statement.<br /> “Those who are in problem or seeking help or facilitation for Covid-19 treatment are getting the services from the Help Desk,” read the statement.<br /> FNCCI said that the Help Desk is a part of its FNCCI Operation COVID-19 Relief Nepal Campaign that it recently launched.<br /> Earlier on Saturday, the FNCCI had launched the ‘Hello Doctor’ service to provide free health counseling to Covid-19 patients via Viber video calls. </span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13126', 'image' => '20210512122802_FNCCI.jpg', 'article_date' => '2021-05-12 12:27:13', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 5 => array( 'Article' => array( 'id' => '13380', 'article_category_id' => '1', 'title' => 'SC Issues Interim Order to Ensure Oxygen Supply', 'sub_title' => '', 'summary' => 'May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19. </span><br /> <span style="font-family:"Arial Unicode MS"">A single bench of Justice Bam Kumar Shrestha issued the order to ensure smooth supply of medicines and oxygen as well as develop hospital infrastructures immediately.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The court order instructs the government to “take necessary initiative towards further enhancing hospitals and to ensure smooth supply of drugs and oxygen necessary for the treatment of COVID-19 patients”. </span><br /> <span style="font-family:"Arial Unicode MS"">The order further tells the government to make sure the deployment of necessary human resources keeping in mind the flow of patients in the hospitals. </span><br /> <span style="font-family:"Arial Unicode MS"">The Supreme Court has also directed the government to form a working committee representing all stakeholders to resolve the problems faced by the public.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The apex court has also instructed the government to submit a written explanation within 15 days regarding the lack of oxygen in hospitals across the country. </span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13125', 'image' => '20210512122342_20201127115547_20200417094838_CKC_ktm.jpg', 'article_date' => '2021-05-12 12:22:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '13379', 'article_category_id' => '1', 'title' => 'Prohibitory Order Extended by 2 Weeks', 'sub_title' => '', 'summary' => 'May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May 27.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May 27.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">A meeting of the chief district officers (CDOs) of Kathmandu, Lalitpur and Bhaktapur on Tuesday (May 11) decided to extend the prohibitory order for two more weeks.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">CDO of Kathmandu Kali Prasad Rijal informed that the prohibitory order had to be extended in view of the rise in COVID-19 cases. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">As per the decision taken by the CDOs, the sale and purchase of essential goods will remain open up to 10.00 am instead of 9.00 am.<br /> During this time, only the sales of most essential items food will be. <br /> Prohibitory order has been enforced in the Valley since April 28.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Tuesday’s meeting also decided to impose additional restrictions on marriages and construction activities. The authorities have decided to allow transportation of construction materials only between 10 pm to 4 am. The workers are required to follow health protocols at work.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Earlier, 15 people could attend marriages at temples or party palaces. But now, only 10 people can attend marriage ceremonies that too in private compounds. </span></span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13124', 'image' => '20210512120931_20200903113103_1599056781.jpg', 'article_date' => '2021-05-12 12:08:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '13378', 'article_category_id' => '1', 'title' => 'Ban on international scheduled flights extended till May 31 ', 'sub_title' => 'CAAN instructs airlines not to open passenger booking to and from Nepal until further advice, facilitate refunding of airticket or extension of travel date', 'summary' => 'Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31 midnight. ', 'content' => '<p>May 11: The Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31 midnight. </p> <p>Issuing an urgent notice on Tuesday, CAAN said that it decided to extend the ban on international flights except two flights a week between Kathmandu and New Delhi till 31st May. CAAN will allow one flight each by Nepal Airlines and Air India under the Air Bubble Arrangement between Nepal and India. Earlier on May 3, CAAN had decided to suspend all scheduled international flights from May 6 to May 14. <br /> CAAN suspended international flights as part of the government measures to contain the outbreak of new variants of Covid-19. <br /> Prohibitory orders have been imposed in Kathmandu Valley and most of the districts. A joint meeting of the Chief District Officers of Kathmandu, Lalitpur and Bhaktapur districts on Tuesday decided to extend the prohibitory period by another 15 days. The prohibitory period in the Valley that was in place since April 29 was expiring on Wednesday midnight. <img alt="" src="/app/webroot/userfiles/images/CAAN%20Notice.jpg" style="float:right; height:409px; width:400px" /><br /> Not only the international scheduled flights have been banned, CAAN also directed airlines not to open passenger bookings to and from Nepal until further notice. <br /> “Airlines are informed not to open passenger bookings to and from Nepal until further notice and they have also been instructed to facilitate refunding of air tickets or extension of travel date as required by passengers,” read the notice. </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13123', 'image' => '20210511091023_International Flights.jpg', 'article_date' => '2021-05-11 21:02:21', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 8 => array( 'Article' => array( 'id' => '13377', 'article_category_id' => '1', 'title' => 'CAAN Tells Airline Operators not to Charge Exorbitant Fare for Emergency Flights', 'sub_title' => '', 'summary' => 'May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency flights.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency flights.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">Issuing a statement on Monday, CAAN said that its serious attention has been drawn towards the news disseminated by different media outlets regarding the high fare charged by the helicopter companies in the name of emergency flight. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">CAAN added that it has directed all helicopter companies to reduce the additional fare they have been charging while airlifting Covid-19 patients. </span><br /> <span style="font-family:"Arial Unicode MS"">Similarly, CAAN also directed the helicopter companies to make public the name and telephone number of their liaison officers in order to control unwanted activities that might take place from intermediaries in emergency and rescue flights. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">CAAN has requested the general public to contact Deputy Manager Gyanendra Bhul in his mobile number 9851135091 if there were any complaints. </span><br /> <span style="font-family:"Arial Unicode MS"">The Airline Operators Association of Nepal in a separate statement has requested all its member companies not to take high fare in the name of rescuing Covid-19 patients. </span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS""><img alt="" src="/app/webroot/userfiles/images/My%20Effect%283%29.jpg" style="height:409px; width:545px" /></span></span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13122', 'image' => '20210511051232_20200826024213_1598389402.Clipboard08.jpg', 'article_date' => '2021-05-11 17:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '13376', 'article_category_id' => '1', 'title' => 'Government Dilly-Dallying Import of Sugar', 'sub_title' => 'Traders take advantage to hike the price arbitarily', 'summary' => 'May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">It has been learnt that permission has been delayed due to lack of coordination between the Ministry of Finance (MoF) and the Ministry of Industry, Commerce and Supplies (MoICS).</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">The STC had run out of sugar stock since December last year. It had sent a letter to the Ministry of Industry, Commerce and Supplies in January seeking permission to buy 50,000 metric tons of sugar. The STC can begin the process of purchasing sugar only after the letter is approved by the Ministry of Finance. However, the purchase of sugar has been delayed due to lack of coordination between the two ministries.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Kumar Raj Bhandari, spokesperson of the STC, said that they have not received any response from the ministry regarding the letter. Urmila KC, deputy spokesperson of MoICS, said that the ministry had sent a letter to the Ministry of Finance in December last year seeking permission to buy 50,000 metric tonnes of sugar but they have not received any response so far. Meanwhile KC is not aware about the reason for the delay.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Earlier, the MoICS had said that the permission to import sugar was delayed as the ministry was ascertaining the volume of sugar that the Nepali sugar industries would produce this year. However, Nepal Sugar Producers Association has already sent the data of sugar produced by the industries to the ministry one month ago. This year, Nepal has produced 100,000 metric tons of sugar.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Meanwhile, the Ministry of Finance has said that the letter to purchase sugar from MoICS was received only on April 22, not in December last year. Mahesh Acharya, spokesperson of the MoF, said he was not aware of the letter received in December last year.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Traders, on the other hand, have arbitrarily increased the price of sugar taking advantage of the prohibitory orders imposed to contain coronavirus. They have increased the price of sugar by Rs 10 per kg in a month. According to Nepal Retailers Association, the price of sugar has been increased to Rs 95 from Rs 85 per kg. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13121', 'image' => '20210511045157_20201220120511_Sweet2.jpg', 'article_date' => '2021-05-11 16:50:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '13375', 'article_category_id' => '1', 'title' => 'Import of Gold Jewelries Increasing', 'sub_title' => '', 'summary' => 'May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria">May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year. The figure is based on the data released by the Department of Customs for the first nine months of the current fiscal year. On the basis of quantity, 32 kg of gold jewelries have been imported into the country during the review period.<br /> In April alone, gold jewelries worth Rs 72.83 million have been imported. By mid-February, gold jewelries worth Rs 67.36 million were imported. By mid-April, it has increased to Rs 142.06 million.<br /> The number of gold ornaments imported in the first eight months of the current fiscal year is more than the import in the corresponding period of the previous fiscal year. Gold jewelries worth Rs 67.3 million were imported in the first eight months (July to February) of last fiscal year, while gold jewelries worth Rs 72.8 million were imported in April alone.<br /> Import of gold jewelries has increased due to the shortage of goldsmiths amid coronavirus crisis.<br /> Tejaratna Shakya, former president of the Federation of Gold and Silver Dealers Association of Nepal, said that the import of jewelries has increased due to the shortage of goldsmiths and the growing demand for gold.<br /> “About 75 percent of goldsmiths working in the Nepali market are Indian nationals. However, due to the coronavirus pandemic, they have not been able to return to Nepal in sufficient numbers. Currently, Nepali goldsmiths are also scattered across the country,” he said.<br /> As the demand for wedding season in April has increased, the ornament factories have not been able to meet the demand accordingly, says Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria">“As a result, the import of gold ornaments in April has skyrocketed.”<br /> By the third quarter of last year, jewelries worth Rs 56 million were imported. On a year-on-year basis, import of gold jewelries has also increased by 150 percent.<br /> Stakeholders claim that the goldsmiths in Nepal can make jewelries of the design prevalent in the world market. However, traders say that the trend of importing gold jewelries has been increasing recently.<br /> According to the department, gold jewelries have been imported to Nepal from Bahrain, Korea, Hong Kong, Malaysia, Pakistan, Portugal, Qatar, Oman, Norway, Saudi Arabia, Singapore, Thailand, Turkey, the UAE, the UK, and Iceland.<br /> Lately, the demand for foreign-designed jewelries has been increasing in Nepal. Nepali customers have been attracted to wear jewelries shown in foreign movies. As a result, the import of gold jewelries has started increasing, said Shakya, former president of the federation.<br /> President of the Federation of Nepal Gold and Silver Dealers Association Manika Ratna Shakya also said that the import of gold jewelries was unnatural. He said that the government should bring a policy to discourage it. "It is better to import raw gold than to import gold jewelries. For this, the government should bring the right policy,” he urged.</span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13120', 'image' => '20210511010933_20150913051136_teej.JPG', 'article_date' => '2021-05-11 13:08:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '13374', 'article_category_id' => '1', 'title' => ' Bahraini Team Including Royal Family Member Scales Mount Everest ', 'sub_title' => ' The King of Bahrain calls the expedition team after summiting the world’s highest peak ', 'summary' => 'A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted the Mount Everest.', 'content' => '<p>May 11: A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted Mount Everest, the world's highest peak.<br /> Posting a photo on Instagram, Bahrain’s Royal Guard said that its team reached the top of Everest at 5:30 am on Tuesday. </p> <p>“The Team have just reached the summit and have received a call from His Majesty King Hamad Bin Isa Ai Khalifa, the King of Bahrain," read the post. </p> <p>The Bahraini team had arrived in Nepal on March 16 to scale Mount Everest in the spring season. Earlier in October 2020, the Bahraini royal team had come to Nepal and scaled Mt Manaslu (8,163 meters).</p> <p>The 16-member expedition team from Bahrain includes a royal family member, 13 members from the Royal Guard, a unit of the Defense Force of Bahrain, and three British nationals. Seven Summit Treks Pvt Ltd managed the expedition for the Bahraini team.<a href="https://www.instagram.com/p/COtrebCBRpB/"><img alt="" src="/app/webroot/userfiles/images/Bahrain_2%281%29.JPG" style="float:right; height:225px; width:350px" /></a></p> <p>The Bahraini team reached atop Mount Everest four days after a team of 12 ice-fall doctors summitted the highest peak and fixed the rope. The rope-fixing team includes Kamirita Sherpa who also made a record of climbing Mount Everest 25th time. </p> <p>According to the Department of Tourism, it has issued permits to 408 climbers to scale Mount Everest in this spring season. <br /> </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13119', 'image' => '20210511120258_Bahraini_.JPG', 'article_date' => '2021-05-11 12:00:04', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 12 => array( 'Article' => array( 'id' => '13373', 'article_category_id' => '1', 'title' => 'Government Authorities Preparing to Extend Prohibitory Order by 15 Days', 'sub_title' => '', 'summary' => 'May 12: Government authorities of Kathmandu are preparing to extend the prohibitory order by two weeks.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 12: Government authorities are preparing to extend the prohibitory order by two weeks in Kathmandu Valley. The District Covid-19 Crisis Management Centre, Kathmandu has recommended the government to extend the prohibitory order in the capital for 15 more days. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chief District Officer of Kathmandu, Kali Prasad Parajuli, informed that a meeting of the chief district officers of Kathmandu valley would take a decision to this effect today (May 12). </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Parajuli said that it was necessary to extend the prohibitory order in the valley to avoid mass gathering of people as Covid-19 is spreading rapidly in this area. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The Kathmandu Valley has been recording around 4,000 Covid-19 cases per day. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The prohibitory order was initially imposed in the Kathmandu Valley for a week on April 29 and later it was extended for another one week. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The prohibitory order is expiring on midnight of May 12. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13118', 'image' => '20210511094843_20200601121121_lockdown.jpg', 'article_date' => '2021-05-11 09:48:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '13372', 'article_category_id' => '1', 'title' => 'Prime Minister Oli Loses Vote of Confidence in Parliament ', 'sub_title' => ' CPN (UML)-led government that once enjoyed nearly two-third majority in the parliament toppled ', 'summary' => 'Prime Minister KP Sharma Oli has lost vote of confidence in the House of Representatives.', 'content' => '<p>May 10: Prime Minister KP Sharma Oli has lost vote of confidence in the House of Representatives, leading to an exit of the Communist government that rose to the power in February 2018 with the support of nearly two-third majority in the parliament.<br /> The House’s special session on Monday rejected the Prime Minister Oli’s motion of confidence as 124 out of 232 members present in the meeting of the HoR voted against him. The Prime Minister’s motion of confidence was able to secure only 93 votes in the House. <br /> Prime Minister Oli needed 136 votes in the HoR which has 271 members. <br /> Not only the CPN (Maoist Center)—another communist party that was earlier a coalition partner—voted against the motion, 28 parliamenterians close to Madhav Kumar Nepal-led faction of PM Oli’s own CPN (UML) abstained from the House meeting amid escalating intra-party rivalry. Nepali Congress, the main opposition party, also stood against the motion. So did Rastriya Janamorcha Nepal. <br /> Similarly, 15 parliamentarians of Janata Samajwadi Party (JSP) remained neutral. Interestingly, 15 members of the same party voted against Prime Minister Oli. JSP was also sharply divided on whether to vote against the motion. </p> <p><br /> <em><strong>PROCESS FOR THE FORMATION OF MAJORITY GOVT BEGINS </strong></em><br /> With the Prime Minister Oli’s ouster, President Bidya Devi Bhandari started a process to form the majority government. Issuing a notice on Monday after Prime Minister Oli lost vote of confidence in the House, President Bhandari issued a notice asking any member to claim majority in the parliament with the support of two or more than two parties by Thursday to get appointed as the new Prime Minister of the country. The President issued the notice as per the Article 76(2) of the Constitution of Nepal. As per the article, the President shall appoint as the Prime Minister a member of the House who can command majority with the support of two or more parties representing to the House in cases where no party has a clear majority in the House. <br /> </p> ', 'published' => true, 'created' => '2021-05-10', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13117', 'image' => '20210510104957_RS_KTM-2810.jpg', 'article_date' => '2021-05-10 22:36:20', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 14 => array( 'Article' => array( 'id' => '13369', 'article_category_id' => '1', 'title' => 'Central Bank to Issue Treasury Bill worth Rs 8.18 Billion', 'sub_title' => '', 'summary' => 'May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18 billion.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18 billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The central bank is issuing the treasury bills with maturity period of 91 days, 182 days and 364 days to arrange internal loan for the government.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Treasury bills worth Rs100 million issued for 91 days will mature on August 10, 2021. Similarly, treasury bills worth Rs 6 billion will be issued for a period of 181 days. The bills will mature on November 9, 2021. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The central bank is also issuing treasury bills worth Rs 2.8 billion with a maturity period of 364 days. Those T-bills will mature on May 10, 2022.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">According to the central bank, the bidding process of the treasury bills have been opened from 3 pm today (May 10) and the auction will take place from May 11 onwards.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-10', 'modified' => '2021-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '13114', 'image' => '20210510045402_1620639681.nrb.jpg', 'article_date' => '2021-05-10 16:52:49', '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' => '13385', 'article_category_id' => '1', 'title' => '25 Percent of Cement Industries Closed', 'sub_title' => '', 'summary' => 'May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading. At present, 25 percent of the cement industries have been shut down due to the fear of infection, while 75 percent of the operating industries are producing at minimum capacity.<br /> Iron industries have also reduced production to 10-12 hours per day. Entrepreneurs say that they have not been able to pay much attention to production at a time when the main challenge is to save people's lives and remain free from infection.<br /> Chairman of Nepal Cement Producers' Association, Dhruva Thapa, says that production of cement and its demand have dropped sharply since the prohibitory order was issued.<br /> "Even though the production capacity has been reduced, some industries are still operating," he said, adding, "About 25 percent of the industries have been shut down due to the lack of workers."<br /> Thapa said that the demand for cement and steel has also declined as workers are afraid to go to construction sites. He estimates that the demand for these construction materials has dropped by 50 percent. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Sources claim that most of the steel industries are also closed. These industries require oxygen cylinders. However, industries have supplied oxygen cylinders for the treatment of Covid-19 patients.<br /> Dhruba Kumar Shrestha, vice-chairman of Panchakanya Group, said that his company has arranged food and shelter for the workers within the factory premises.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">"We cannot shut the factory, the workers have to be paid or else they will starve. However, we have not been able to produce at full capacity like before," Shrestha said.<br /> He said that they are facing difficulty in supplying their products even though there was some demand.<br /> President of the Federation of Grill and Steel Entrepreneurs of Nepal Mohan Katuwal said that the production of grill and steel has dropped to 15 to 20 percent.<br /> Katuwal, who is also the commodity vice-president of the Federation of Nepalese Small and Household Industries, said that industries other than agriculture, livestock, dairy, and essential food have started to shut down.<br /> "Currently, local products have not found any market," he said.</span></span></span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-13', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13130', 'image' => '20210513022352_1620860457.Clipboard04.jpg', 'article_date' => '2021-05-13 14:22:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '13384', 'article_category_id' => '1', 'title' => '70 Climbers Scale Everest in a Day', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 13:<strong><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS""> </span></span></strong>A total of 70 climbers summited Mount Everest, the highest mountain in the world, on Wednesday, the state-owned national news agency RSS reported citing the Department of Tourism.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Director of the Department of Tourism Mira Acharya, who is currently at the Everest Base Camp, informed that 70 climbers from various countries reached atop the 8,846.86 metres- mountain in a single day. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A 12-member rope-fixing team (also known as the Icefall Doctors) led by renowned Everest climber Kamirita Sherpa had reached the summit of Everest on the evening of May 7, opening the door of the summit to a total of 408 aspiring climbers who had obtained permission for this year’s spring season expedition. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Since then, a total of 182 climbers have set their feet on the top of Everest, RSS further reported. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The spring season is the most favourable season for climbing Everest and the window is open until the end of May.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Last year, mountain expedition was closed due to the emergence of coronavirus. But the expedition is underway this year despite a surge in second wave of Covid-19.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Mountaineering is one of the major source of income of the country and the people, especially the Sherpas, involved in this sector.</span></span></span></span></p> ', 'published' => true, 'created' => '2021-05-13', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13129', 'image' => '20210513115218_20201209120005_1607418193.mount_everest.jpg', 'article_date' => '2021-05-13 11:50:02', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '13383', 'article_category_id' => '1', 'title' => ' Nepal’s remittances rise 16.5% to Rs 729 billion in nine months of current fiscal year ', 'sub_title' => 'Workers’ shift to formal channel to send money, decline in remittances inflow in corresponding period of last fiscal year attributed to the recent growth ', 'summary' => ' Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year 2020/21. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">May 12: Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year (FY 2020/21). <br /> According to the ‘Current Macroeconomic and Financial Situation of Nepal’ released by the Nepal Rastra Bank (NRB) on Wednesday, the total amount of remittances received in the review period is 16.5 percent higher than what the country had received from Nepalis working abroad in the corresponding period of the last fiscal year. <br /> In terms of US dollar, inflow of remittances grew 13 percent to $6.19 billion in mid-April. <br /> Despite Covid-19 crisis and fall in the number of Nepali migrant workers leaving for foreign employment, Nepal’s remittances growth has remained robust. <br /> NRB officials say that a number of factors including the increased formalization of remittances inflow, transfer of accumulated savings by workers and cash transfers offered by some developed countries have contributed to the growth of remittances in Nepal. <br /> “If we see the figures, the remittances growth was negative in the corresponding period of the last fiscal year. Even a little increment in workers’ transfers also leads to higher growth,” said Prakash Shrestha, an executive director at the NRB. On a year-on-year basis, remittance inflow had declined 4 percent in mid April last year, according to the NRB data. <br /> “But, the overall trend shows that the remittance growth remains robust despite global economic downturns,” said Shrestha, who heads the Economic Research Department of the NRB. <br /> According to Shrestha, the growing shift of Nepali workers to formal channel from informal channel to transfer money due to the restrictions and lockdowns in various countries as well as crackdown against Hundi in Nepal also caused the growth in remittance figures. <br /> Shrestha said that the earnings of Nepali workers were not much hit as feared earlier as many economies including the Gulf region started to observe a recovery from the pandemic-induced recessions. <br /> “Another factor that has driven up remittances is cash transfer by governments in developed countries including the US. Those who were able to save the cash due to lower expenses amid containment measures have sent money to their families here in Nepal,” added Shrestha. <br /> The World Bank, in its recent South Asia Focus, said that the remittances growth in 2020 was mainly due to channelization of remittances through formal system. <br /> “The September 2019 policy changes made it easier for migrants to open bank accounts, which may have facilitated a shift from unrecorded to recorded remittances,” read the report.</span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '13128', 'image' => '20210512081815_Remittances.jpg', 'article_date' => '2021-05-12 20:15:11', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 3 => array( 'Article' => array( 'id' => '13382', 'article_category_id' => '1', 'title' => 'Farmers Seek Paddy Seeds Well Ahead of Plantation Season', 'sub_title' => '', 'summary' => 'May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. Fearing that the seeds would not be available on time due to the prohibitory order, they have started to search for paddy seeds well ahead of the plantation season.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Farmers have started to buy paddy seeds from various cooperatives, seed centres, agro-vets, and other places. The government-owned Agriculture Inputs Company Limited has also started distributing paddy seeds to farmers from Kathmandu, Bhairahawa, Dhangadhi, Nepalgunj, Birgunj, and Hetauda. Out of its stock of 800 metric tons of paddy seeds, the company has so far distributed 500 metric tons of seeds.<br /> Around 70,000 metric tons of paddy seeds are required annually for a total of 1.35 million hectares of arable land in Nepal. Private companies and entrepreneurs supply a large amount of seed. It is estimated that Nepali companies produce 10,000 metric tons of paddy seeds annually.<br /> Seeds of local rice species such as Savitri, Sonamansuli, Makwanpur, and Basmati are produced in Nepal while hybrid seeds are imported from India and China. Nepal imports about 68 varieties of hybrid rice seeds from abroad annually.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">According to Chhotelal Prasad Lohar, central vice president of the Seed Entrepreneurs' Association, seed traders of Nepal started to import paddy seeds from India about two weeks ago to provide them to the farmers on time amid the pandemic.<br /> According to him, the farmers of Banke, Bardiya, Dang, Chitwan, Siraha, Saptari, and other districts are demanding seeds at present. "Farmers were not able to get seeds on time due to the lockdown last year. Therefore, the farmers have started to make arrangements for seeds quite early this year to avoid such problems,” he said.<br /> Mitra Raj Dawadi, the outgoing president of the Seed Producers' Association, said that the farmers are also worried as Nepali seed companies have produced fewer seeds this year than last year. According to him, 8,000 metric tons of seeds were produced last year, while 10,000 metric tons were produced the previous year. Seed production has declined in Nepal due to damage to caused by certain crop diseases.</span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13127', 'image' => '20210512035550_20181125011444_pady-1024x682.jpg', 'article_date' => '2021-05-12 15:54:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '13381', 'article_category_id' => '1', 'title' => 'FNCCI sets up Help Desk to Facilitate Covid-19 Treatment ', 'sub_title' => '', 'summary' => 'May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. ', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt">May 12: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. <br /> Issuing a statement on Wednesday, the FNCCI said that its recent meeting decided to establish the Help Desk to facilitate desperate people receive various healthcare services including oxygen cylinder, ambulance and isolation for Covid-19 patients. <br /> According to the statement, the Help Desk will coordinate with respective agencies to provide Covid-19 treatment and related services to its members, industrialists, business people as well as to the general public. Those who want to get the service can request the Held Desk by sending text or making phone call at 9801096812 or 9801192591, according to the statement.<br /> “Those who are in problem or seeking help or facilitation for Covid-19 treatment are getting the services from the Help Desk,” read the statement.<br /> FNCCI said that the Help Desk is a part of its FNCCI Operation COVID-19 Relief Nepal Campaign that it recently launched.<br /> Earlier on Saturday, the FNCCI had launched the ‘Hello Doctor’ service to provide free health counseling to Covid-19 patients via Viber video calls. </span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13126', 'image' => '20210512122802_FNCCI.jpg', 'article_date' => '2021-05-12 12:27:13', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 5 => array( 'Article' => array( 'id' => '13380', 'article_category_id' => '1', 'title' => 'SC Issues Interim Order to Ensure Oxygen Supply', 'sub_title' => '', 'summary' => 'May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19. </span><br /> <span style="font-family:"Arial Unicode MS"">A single bench of Justice Bam Kumar Shrestha issued the order to ensure smooth supply of medicines and oxygen as well as develop hospital infrastructures immediately.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The court order instructs the government to “take necessary initiative towards further enhancing hospitals and to ensure smooth supply of drugs and oxygen necessary for the treatment of COVID-19 patients”. </span><br /> <span style="font-family:"Arial Unicode MS"">The order further tells the government to make sure the deployment of necessary human resources keeping in mind the flow of patients in the hospitals. </span><br /> <span style="font-family:"Arial Unicode MS"">The Supreme Court has also directed the government to form a working committee representing all stakeholders to resolve the problems faced by the public.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">The apex court has also instructed the government to submit a written explanation within 15 days regarding the lack of oxygen in hospitals across the country. </span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13125', 'image' => '20210512122342_20201127115547_20200417094838_CKC_ktm.jpg', 'article_date' => '2021-05-12 12:22:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '13379', 'article_category_id' => '1', 'title' => 'Prohibitory Order Extended by 2 Weeks', 'sub_title' => '', 'summary' => 'May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May 27.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">May 12: Government authorities in Kathmandu Valley have extended the prohibitory order up to May 27.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">A meeting of the chief district officers (CDOs) of Kathmandu, Lalitpur and Bhaktapur on Tuesday (May 11) decided to extend the prohibitory order for two more weeks.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">CDO of Kathmandu Kali Prasad Rijal informed that the prohibitory order had to be extended in view of the rise in COVID-19 cases. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">As per the decision taken by the CDOs, the sale and purchase of essential goods will remain open up to 10.00 am instead of 9.00 am.<br /> During this time, only the sales of most essential items food will be. <br /> Prohibitory order has been enforced in the Valley since April 28.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Tuesday’s meeting also decided to impose additional restrictions on marriages and construction activities. The authorities have decided to allow transportation of construction materials only between 10 pm to 4 am. The workers are required to follow health protocols at work.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Earlier, 15 people could attend marriages at temples or party palaces. But now, only 10 people can attend marriage ceremonies that too in private compounds. </span></span></span></span></p> ', 'published' => true, 'created' => '2021-05-12', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13124', 'image' => '20210512120931_20200903113103_1599056781.jpg', 'article_date' => '2021-05-12 12:08:53', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 7 => array( 'Article' => array( 'id' => '13378', 'article_category_id' => '1', 'title' => 'Ban on international scheduled flights extended till May 31 ', 'sub_title' => 'CAAN instructs airlines not to open passenger booking to and from Nepal until further advice, facilitate refunding of airticket or extension of travel date', 'summary' => 'Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31 midnight. ', 'content' => '<p>May 11: The Civil Aviation Authority of Nepal (CAAN) has extended the suspension period for international scheduled flights till May 31 midnight. </p> <p>Issuing an urgent notice on Tuesday, CAAN said that it decided to extend the ban on international flights except two flights a week between Kathmandu and New Delhi till 31st May. CAAN will allow one flight each by Nepal Airlines and Air India under the Air Bubble Arrangement between Nepal and India. Earlier on May 3, CAAN had decided to suspend all scheduled international flights from May 6 to May 14. <br /> CAAN suspended international flights as part of the government measures to contain the outbreak of new variants of Covid-19. <br /> Prohibitory orders have been imposed in Kathmandu Valley and most of the districts. A joint meeting of the Chief District Officers of Kathmandu, Lalitpur and Bhaktapur districts on Tuesday decided to extend the prohibitory period by another 15 days. The prohibitory period in the Valley that was in place since April 29 was expiring on Wednesday midnight. <img alt="" src="/app/webroot/userfiles/images/CAAN%20Notice.jpg" style="float:right; height:409px; width:400px" /><br /> Not only the international scheduled flights have been banned, CAAN also directed airlines not to open passenger bookings to and from Nepal until further notice. <br /> “Airlines are informed not to open passenger bookings to and from Nepal until further notice and they have also been instructed to facilitate refunding of air tickets or extension of travel date as required by passengers,” read the notice. </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '13123', 'image' => '20210511091023_International Flights.jpg', 'article_date' => '2021-05-11 21:02:21', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 8 => array( 'Article' => array( 'id' => '13377', 'article_category_id' => '1', 'title' => 'CAAN Tells Airline Operators not to Charge Exorbitant Fare for Emergency Flights', 'sub_title' => '', 'summary' => 'May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency flights.', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">May 11: The Civil Aviation Authority of Nepal (CAAN) has directed airline operators not to charge excessive fare for emergency flights.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">Issuing a statement on Monday, CAAN said that its serious attention has been drawn towards the news disseminated by different media outlets regarding the high fare charged by the helicopter companies in the name of emergency flight. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">CAAN added that it has directed all helicopter companies to reduce the additional fare they have been charging while airlifting Covid-19 patients. </span><br /> <span style="font-family:"Arial Unicode MS"">Similarly, CAAN also directed the helicopter companies to make public the name and telephone number of their liaison officers in order to control unwanted activities that might take place from intermediaries in emergency and rescue flights. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS"">CAAN has requested the general public to contact Deputy Manager Gyanendra Bhul in his mobile number 9851135091 if there were any complaints. </span><br /> <span style="font-family:"Arial Unicode MS"">The Airline Operators Association of Nepal in a separate statement has requested all its member companies not to take high fare in the name of rescuing Covid-19 patients. </span></span></span></p> <p> </p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:"Arial Unicode MS""><img alt="" src="/app/webroot/userfiles/images/My%20Effect%283%29.jpg" style="height:409px; width:545px" /></span></span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13122', 'image' => '20210511051232_20200826024213_1598389402.Clipboard08.jpg', 'article_date' => '2021-05-11 17:11:24', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '13376', 'article_category_id' => '1', 'title' => 'Government Dilly-Dallying Import of Sugar', 'sub_title' => 'Traders take advantage to hike the price arbitarily', 'summary' => 'May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar. ', 'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">May 11: The state-owned Salt Trading Corporation (STC) has run out of sugar stock since the last six months but the government is yet to give permission to the corporation to purchase sugar. </span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">It has been learnt that permission has been delayed due to lack of coordination between the Ministry of Finance (MoF) and the Ministry of Industry, Commerce and Supplies (MoICS).</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">The STC had run out of sugar stock since December last year. It had sent a letter to the Ministry of Industry, Commerce and Supplies in January seeking permission to buy 50,000 metric tons of sugar. The STC can begin the process of purchasing sugar only after the letter is approved by the Ministry of Finance. However, the purchase of sugar has been delayed due to lack of coordination between the two ministries.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Kumar Raj Bhandari, spokesperson of the STC, said that they have not received any response from the ministry regarding the letter. Urmila KC, deputy spokesperson of MoICS, said that the ministry had sent a letter to the Ministry of Finance in December last year seeking permission to buy 50,000 metric tonnes of sugar but they have not received any response so far. Meanwhile KC is not aware about the reason for the delay.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Earlier, the MoICS had said that the permission to import sugar was delayed as the ministry was ascertaining the volume of sugar that the Nepali sugar industries would produce this year. However, Nepal Sugar Producers Association has already sent the data of sugar produced by the industries to the ministry one month ago. This year, Nepal has produced 100,000 metric tons of sugar.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Meanwhile, the Ministry of Finance has said that the letter to purchase sugar from MoICS was received only on April 22, not in December last year. Mahesh Acharya, spokesperson of the MoF, said he was not aware of the letter received in December last year.</span></span></span></p> <p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:Arial">Traders, on the other hand, have arbitrarily increased the price of sugar taking advantage of the prohibitory orders imposed to contain coronavirus. They have increased the price of sugar by Rs 10 per kg in a month. According to Nepal Retailers Association, the price of sugar has been increased to Rs 95 from Rs 85 per kg. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13121', 'image' => '20210511045157_20201220120511_Sweet2.jpg', 'article_date' => '2021-05-11 16:50:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '13375', 'article_category_id' => '1', 'title' => 'Import of Gold Jewelries Increasing', 'sub_title' => '', 'summary' => 'May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria">May 11: Nepal has imported gold jewelries worth Rs 140 million by the third quarter of the current fiscal year. The figure is based on the data released by the Department of Customs for the first nine months of the current fiscal year. On the basis of quantity, 32 kg of gold jewelries have been imported into the country during the review period.<br /> In April alone, gold jewelries worth Rs 72.83 million have been imported. By mid-February, gold jewelries worth Rs 67.36 million were imported. By mid-April, it has increased to Rs 142.06 million.<br /> The number of gold ornaments imported in the first eight months of the current fiscal year is more than the import in the corresponding period of the previous fiscal year. Gold jewelries worth Rs 67.3 million were imported in the first eight months (July to February) of last fiscal year, while gold jewelries worth Rs 72.8 million were imported in April alone.<br /> Import of gold jewelries has increased due to the shortage of goldsmiths amid coronavirus crisis.<br /> Tejaratna Shakya, former president of the Federation of Gold and Silver Dealers Association of Nepal, said that the import of jewelries has increased due to the shortage of goldsmiths and the growing demand for gold.<br /> “About 75 percent of goldsmiths working in the Nepali market are Indian nationals. However, due to the coronavirus pandemic, they have not been able to return to Nepal in sufficient numbers. Currently, Nepali goldsmiths are also scattered across the country,” he said.<br /> As the demand for wedding season in April has increased, the ornament factories have not been able to meet the demand accordingly, says Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria">“As a result, the import of gold ornaments in April has skyrocketed.”<br /> By the third quarter of last year, jewelries worth Rs 56 million were imported. On a year-on-year basis, import of gold jewelries has also increased by 150 percent.<br /> Stakeholders claim that the goldsmiths in Nepal can make jewelries of the design prevalent in the world market. However, traders say that the trend of importing gold jewelries has been increasing recently.<br /> According to the department, gold jewelries have been imported to Nepal from Bahrain, Korea, Hong Kong, Malaysia, Pakistan, Portugal, Qatar, Oman, Norway, Saudi Arabia, Singapore, Thailand, Turkey, the UAE, the UK, and Iceland.<br /> Lately, the demand for foreign-designed jewelries has been increasing in Nepal. Nepali customers have been attracted to wear jewelries shown in foreign movies. As a result, the import of gold jewelries has started increasing, said Shakya, former president of the federation.<br /> President of the Federation of Nepal Gold and Silver Dealers Association Manika Ratna Shakya also said that the import of gold jewelries was unnatural. He said that the government should bring a policy to discourage it. "It is better to import raw gold than to import gold jewelries. For this, the government should bring the right policy,” he urged.</span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13120', 'image' => '20210511010933_20150913051136_teej.JPG', 'article_date' => '2021-05-11 13:08:19', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '13374', 'article_category_id' => '1', 'title' => ' Bahraini Team Including Royal Family Member Scales Mount Everest ', 'sub_title' => ' The King of Bahrain calls the expedition team after summiting the world’s highest peak ', 'summary' => 'A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted the Mount Everest.', 'content' => '<p>May 11: A 16-member team of Bahrain that includes Sheikh Mohamed Hamad Mohamed Al Khalifa, a member of royal family of Bahrain, has summitted Mount Everest, the world's highest peak.<br /> Posting a photo on Instagram, Bahrain’s Royal Guard said that its team reached the top of Everest at 5:30 am on Tuesday. </p> <p>“The Team have just reached the summit and have received a call from His Majesty King Hamad Bin Isa Ai Khalifa, the King of Bahrain," read the post. </p> <p>The Bahraini team had arrived in Nepal on March 16 to scale Mount Everest in the spring season. Earlier in October 2020, the Bahraini royal team had come to Nepal and scaled Mt Manaslu (8,163 meters).</p> <p>The 16-member expedition team from Bahrain includes a royal family member, 13 members from the Royal Guard, a unit of the Defense Force of Bahrain, and three British nationals. Seven Summit Treks Pvt Ltd managed the expedition for the Bahraini team.<a href="https://www.instagram.com/p/COtrebCBRpB/"><img alt="" src="/app/webroot/userfiles/images/Bahrain_2%281%29.JPG" style="float:right; height:225px; width:350px" /></a></p> <p>The Bahraini team reached atop Mount Everest four days after a team of 12 ice-fall doctors summitted the highest peak and fixed the rope. The rope-fixing team includes Kamirita Sherpa who also made a record of climbing Mount Everest 25th time. </p> <p>According to the Department of Tourism, it has issued permits to 408 climbers to scale Mount Everest in this spring season. <br /> </p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13119', 'image' => '20210511120258_Bahraini_.JPG', 'article_date' => '2021-05-11 12:00:04', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 12 => array( 'Article' => array( 'id' => '13373', 'article_category_id' => '1', 'title' => 'Government Authorities Preparing to Extend Prohibitory Order by 15 Days', 'sub_title' => '', 'summary' => 'May 12: Government authorities of Kathmandu are preparing to extend the prohibitory order by two weeks.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 12: Government authorities are preparing to extend the prohibitory order by two weeks in Kathmandu Valley. The District Covid-19 Crisis Management Centre, Kathmandu has recommended the government to extend the prohibitory order in the capital for 15 more days. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chief District Officer of Kathmandu, Kali Prasad Parajuli, informed that a meeting of the chief district officers of Kathmandu valley would take a decision to this effect today (May 12). </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Parajuli said that it was necessary to extend the prohibitory order in the valley to avoid mass gathering of people as Covid-19 is spreading rapidly in this area. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The Kathmandu Valley has been recording around 4,000 Covid-19 cases per day. </span></span><br /> <span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The prohibitory order was initially imposed in the Kathmandu Valley for a week on April 29 and later it was extended for another one week. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The prohibitory order is expiring on midnight of May 12. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Cambria"> </span></span></p> ', 'published' => true, 'created' => '2021-05-11', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13118', 'image' => '20210511094843_20200601121121_lockdown.jpg', 'article_date' => '2021-05-11 09:48:03', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '13372', 'article_category_id' => '1', 'title' => 'Prime Minister Oli Loses Vote of Confidence in Parliament ', 'sub_title' => ' CPN (UML)-led government that once enjoyed nearly two-third majority in the parliament toppled ', 'summary' => 'Prime Minister KP Sharma Oli has lost vote of confidence in the House of Representatives.', 'content' => '<p>May 10: Prime Minister KP Sharma Oli has lost vote of confidence in the House of Representatives, leading to an exit of the Communist government that rose to the power in February 2018 with the support of nearly two-third majority in the parliament.<br /> The House’s special session on Monday rejected the Prime Minister Oli’s motion of confidence as 124 out of 232 members present in the meeting of the HoR voted against him. The Prime Minister’s motion of confidence was able to secure only 93 votes in the House. <br /> Prime Minister Oli needed 136 votes in the HoR which has 271 members. <br /> Not only the CPN (Maoist Center)—another communist party that was earlier a coalition partner—voted against the motion, 28 parliamenterians close to Madhav Kumar Nepal-led faction of PM Oli’s own CPN (UML) abstained from the House meeting amid escalating intra-party rivalry. Nepali Congress, the main opposition party, also stood against the motion. So did Rastriya Janamorcha Nepal. <br /> Similarly, 15 parliamentarians of Janata Samajwadi Party (JSP) remained neutral. Interestingly, 15 members of the same party voted against Prime Minister Oli. JSP was also sharply divided on whether to vote against the motion. </p> <p><br /> <em><strong>PROCESS FOR THE FORMATION OF MAJORITY GOVT BEGINS </strong></em><br /> With the Prime Minister Oli’s ouster, President Bidya Devi Bhandari started a process to form the majority government. Issuing a notice on Monday after Prime Minister Oli lost vote of confidence in the House, President Bhandari issued a notice asking any member to claim majority in the parliament with the support of two or more than two parties by Thursday to get appointed as the new Prime Minister of the country. The President issued the notice as per the Article 76(2) of the Constitution of Nepal. As per the article, the President shall appoint as the Prime Minister a member of the House who can command majority with the support of two or more parties representing to the House in cases where no party has a clear majority in the House. <br /> </p> ', 'published' => true, 'created' => '2021-05-10', 'modified' => '2021-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '13117', 'image' => '20210510104957_RS_KTM-2810.jpg', 'article_date' => '2021-05-10 22:36:20', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '35' ) ), (int) 14 => array( 'Article' => array( 'id' => '13369', 'article_category_id' => '1', 'title' => 'Central Bank to Issue Treasury Bill worth Rs 8.18 Billion', 'sub_title' => '', 'summary' => 'May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18 billion.', 'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">May 10: Nepal Rastra Bank (NRB) is all set to auction treasury bills worth Rs 8.18 billion.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The central bank is issuing the treasury bills with maturity period of 91 days, 182 days and 364 days to arrange internal loan for the government.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Treasury bills worth Rs100 million issued for 91 days will mature on August 10, 2021. Similarly, treasury bills worth Rs 6 billion will be issued for a period of 181 days. The bills will mature on November 9, 2021. </span></span></span></span></p> <p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">The central bank is also issuing treasury bills worth Rs 2.8 billion with a maturity period of 364 days. Those T-bills will mature on May 10, 2022.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">According to the central bank, the bidding process of the treasury bills have been opened from 3 pm today (May 10) and the auction will take place from May 11 onwards.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2021-05-10', 'modified' => '2021-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '13114', 'image' => '20210510045402_1620639681.nrb.jpg', 'article_date' => '2021-05-10 16:52:49', '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
