December 22: Global Adventure and Mountaineering Conference and Expo (GAMCE) 2017 will be held from March 31 to April 2 in Kathmandu. The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association.…
December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December…
December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate…
December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange…
December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society,…
December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December…
December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20.…
December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school.…
December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its…
December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT.…
December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY.…
December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse…
December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the…
December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35th annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi.…
December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the…
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The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association. ', 'content' => '<p style="text-align: justify;">December 22: Global Adventure and Mountaineering Conference and Expo (GAMCE) 2017 will be held from March 31 to April 2 in Kathmandu. The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association. </p> <p style="text-align: justify;">The expo will be showcasing services related to adventure and expedition travels, adventure sports gears and accessories such as canoes, raftsa, kayaks, mountain-bikes, dirt bikes, parachutes, para-gliders, skis, skateboards, surfboards, fishing gears along with mountaineering harnesses, adventure sportswear and accessories and outdoors products.</p> <p style="text-align: justify;">Speaking in the press conference, Birendra Rajkarnikar, Managing Director of House of Rajkarnikar said that Nepal located amid near East Asia and south East Asia is epicenter of future adventure growth. “As per the World Trade Organisation (WTO) statistics, in compare to general tourism of five percent from 2010 to 2013, adventure tourism has increased by 195 percent to USD 263 billion globally in same period,” he said. He added that adventure tourism is expected to grow exponentially given the tourism projection of 1.8 billion arrivals in 2030. Meanwhile, Deepak Raj Joshi, CEO of NTB mentioned that the expo is going to be worthwhile for the people interested in the adventure tourism.</p> <p style="text-align: justify;">The conference held on December 21 focused on adventure as sports, adventure as tourism and adventure in the context of the environment. “Asia Pacific share of travel market is expected to grow from 22 percent to 30 percent in 2030. While the expenses of North America and Europe and intra-regional inbound tourism for Asia-Pacific is about 73 percent indicated of 400 million arrivals of tourists. South Asia has the highest growth rate of six percent six percent leading up to 2030,” reads a statement issued by the event’s organizer. </p> ', 'published' => true, 'created' => '2016-12-22', 'modified' => '2016-12-22', 'keywords' => '', 'description' => '', 'sortorder' => '4806', 'image' => '20161222112212_ntb.jpg', 'article_date' => '2016-12-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4988', 'article_category_id' => '1', 'title' => 'BOKL Appoints Dhurmus-Suntali as Brand Ambassadors', 'sub_title' => '', 'summary' => 'December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December 21.', 'content' => '<p style="text-align: justify;">December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December 21.</p> <p style="text-align: justify;">The newly appointed brand ambassadors Dhurmus-Suntali will promote programs of the bank through TV, radio, newspapers, magazines and online media, said the bank. "The duo is appointed as brand ambassadors as per the banks objective of undertaking its slogan 'Bachat Nai Ho Dhan, Sunaulo Bhavisya, Sajilo Jivan'," reads the statement. The co-ordination of the bank with Dhurmus-Suntali will be paid off till the long-term, said Shrestha. </p> ', 'published' => true, 'created' => '2016-12-22', 'modified' => '2016-12-22', 'keywords' => '', 'description' => '', 'sortorder' => '4805', 'image' => '20161222110647_bokl.jpg', 'article_date' => '2016-12-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4987', 'article_category_id' => '1', 'title' => 'Astounding Business of Smoking Pipes', 'sub_title' => '', 'summary' => 'December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate procedure.', 'content' => '<p style="text-align: justify;">December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate procedure.</p> <p style="text-align: justify;">Nepal itself is a big market for these smoking pipes. The market of these smoking pipes, usually used to consume tobacco, is of Rs 1 billion and above, opined the source. The traders assumed that the entrepreneurs manufacturing glass smoking pipes transact the amount from both domestic and international market. A small industry with only 10 craftsmen can transact over Rs 1.5 billion a year from the smoking pipes, said an industrialist.</p> <p style="text-align: justify;">"Previously, more than 150 companies used to manufacture smoking pipes in Nepal. However, the number has reduced to 90 after the devastating earthquake and border blockade of the last year," said Madhusudan Pandey, Vice-President of Nepal Glass Pipe Association. He added "With a decrease in number of industry, export has also decreased by 40 per cent." According to him, these industries are operating from home without registration.</p> <p style="text-align: justify;">The primary market of these products manufactured from glass and borosil tube and colour is America, informed the traders. Other than that, it has high demand in various countries of Europe and Japan as well. However, export of these products is not done through corporate procedure. The industrialist sends these products through courier service by contacting the buyers personally. According to the source, these smoking pipes are sent as showpieces in America, the primary market, due to the aggravating export procedure. Moreover, the industrialist complain that the cheaper smoking pipes from India and China, lack of skilled manpower, regulatory complications, ignorance of the government and various other factors are hindering the growth of the industry.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4804', 'image' => '20161221043501_smoke.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4986', 'article_category_id' => '1', 'title' => 'Only 20 companies traded through OTC Market in a year', 'sub_title' => '', 'summary' => 'December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange (NEPSE).', 'content' => '<p style="text-align:justify">December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange (NEPSE).</p> <p style="text-align:justify">The OTC market is normally dormant, futile and irregular compare to the secondary market. The market provides a passage for investors to change the ownership and recover their investment. "Nepal being short of Public Ltd Companies and most of them listed in NEPSE, the OTC market of the country is more of inactive," Parajuli opined.</p> <p style="text-align:justify">"In developed countries, most of the share trading takes place at OTC market. However, in Nepal, the OTC market is seen as the platform for weak companies. Thus, the companies avoid OTC market," said Niranjan Phuyal, Senior Manager of NEPSE. "The Upper Tamakoshi Hydro Project has issued shares to nearly 200,000 employees and not to the public. If only it had registered with OTC, the employees could have trade their shares," he added. "OTC market is a good platform to provide liquidity to such shareholders."</p> <p style="text-align:justify">Previously, as per the decision of board of directors, share ownership changing activities of the companies not listed in securities market were undertaken in Company Registrar's Office. However, the Company Registrar Office issuing a circular has directed the related bodies to carry out such activities along with trading of shares from the OTC market. After which, it is expected that the OTC market may take a pace. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4803', 'image' => '20161221022435_otc.JPG', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4985', 'article_category_id' => '1', 'title' => 'Qatar Airways Bags a Trifecta of Awards from Global Traveller Magazine', 'sub_title' => '', 'summary' => 'December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society, inf', 'content' => '<p style="text-align: justify;">December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society, informed the press statement issued by the company.</p> <p style="text-align: justify;">"Qatar Airways takes pride in the many awards bestowed upon us and to win recognition from passengers who are familiar with the ins and outs of international travel, is especially rewarding. Providing the world’s best Premium Class travel continues to be our goal. For luxury global trips, there is no better choice than Qatar Airways’ award-winning service," said Akbar Al Baker, Chief Executive of Qatar Airways Group.</p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4802', 'image' => '20161221124804_qatar.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4984', 'article_category_id' => '1', 'title' => 'Support Microfinance Appoints NMB Capital as Share Registrar', 'sub_title' => '', 'summary' => 'December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December 18.', 'content' => '<p style="text-align: justify;">December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December 18.</p> <p style="text-align: justify;">The microfinance established on November 14 2014 in Itahari, Sunsari is issuing 180,000 equity shares to general investors for which it signed NMB as its issue manager. The institution informed of issuing the shares within the current FY. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4801', 'image' => '20161221121300_support.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4983', 'article_category_id' => '1', 'title' => 'Jyoti Bikash Bank Starts ATM in Devghat', 'sub_title' => '', 'summary' => 'December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20. ', 'content' => '<p style="text-align: justify;">December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4800', 'image' => '20161221114903_jytoi.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4982', 'article_category_id' => '1', 'title' => 'Machhapuchchhre's Support to Students', 'sub_title' => '', 'summary' => 'December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school. ', 'content' => '<p style="text-align: justify;">December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4799', 'image' => '20161221112749_machha.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4981', 'article_category_id' => '1', 'title' => 'Metlife's New Life Insurance Product', 'sub_title' => '', 'summary' => 'December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its kind.', 'content' => '<p style="text-align: justify;">December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its kind.</p> <p style="text-align: justify;">T S Vijayan, Chairman of Insurance regulatory and Development Authority of India launched the service amid a program in Hyderabad branch of the company. In the program, Tarun Chung, Executive Officer of the company said that the company invested to significantly improve the customers' service through the utilisation of new technology. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4798', 'image' => '20161221110624_metlife.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4980', 'article_category_id' => '1', 'title' => 'NT in a Pact with Ooredoo Qatar', 'sub_title' => '', 'summary' => 'December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT. ', 'content' => '<p style="text-align: justify;">December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4797', 'image' => '20161221105407_telecom.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4979', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branch at Hetauda', 'sub_title' => '', 'summary' => 'December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY. ', 'content' => '<p style="text-align: justify;">December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4796', 'image' => '20161221103900_janatabank.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4978', 'article_category_id' => '1', 'title' => 'NRB Issuing Reverse Repo worth Rs 1 billion today', 'sub_title' => '', 'summary' => 'December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse repo.', 'content' => '<p style="text-align: justify;">December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse repo.</p> <p style="text-align: justify;">In the recent time, NRB has been issuing short term reverse repo usually of Rs 500 million to mop up excess liquidity in banking system. However, NRB is issuing reverse repo or Rs 1 billion this time. Meanwhile, NRB is also sending liquidity to banking system now and then by issuing repo. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4795', 'image' => '20161221102947_NRB.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4977', 'article_category_id' => '1', 'title' => 'Belgium Ambassador Meet with Nepali Entrepreneurs', 'sub_title' => '', 'summary' => 'December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the lead', 'content' => '<p style="text-align: justify;">December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the leadership has led certainty to the investable environment," said Luykx. He opined of taking advantage of the positive environment and enforcing joint effort of the government and private sector to obtain high and sustainable economic growth.</p> <p style="text-align: justify;">In the meeting, Hari Bhakta Sharma, President of CNI informing that all foreign companies operating in Nepal are earning higher rate of return, called upon Belgian investors to invest in Nepal. </p> <p style="text-align: justify;">On the same day, Ambassador Luykx met with Romi Gauchan, Minister of Commerce and supplies and officials of Nepal Chamber of Commerce (NCC). </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4794', 'image' => '20161220043722_cni.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4968', 'article_category_id' => '1', 'title' => 'NEPSE to Form Separate Company for OTC Trading', 'sub_title' => '', 'summary' => 'December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35th annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi. ', 'content' => '<p style="text-align:justify">December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35<sup>th</sup> annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi. </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4793', 'image' => '20161220101502_OTC.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4969', 'article_category_id' => '1', 'title' => 'Sharp Decline in Share Transaction Amount in One Month ', 'sub_title' => '', 'summary' => 'December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the d', 'content' => '<p style="text-align:justify">December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the decline in growth of deposit compare to loan extension by the banks and financial institutions (BFIs) resulting contraction of share transactions. The BFIs are providing 7-10 per cent interest rate on deposit to increase their deposit collection. Investors get attracted to increased interest rate on deposit when the share market is down turning which has also affected the share market.</p> <p style="text-align:justify">Meanwhile, the BFIs have increased the interest rate on margin lending. The investors who seek loans to invest in share market have been disappointed on increased interest rate on margin lending. In the down falling stock market, share investors do not get ideal return from borrowed money, thus, the transaction amount has decreased significantly in the share market," said an analyst. According to him, the market is at 'wait and see' condition.</p> <p style="text-align:justify">Although Nepal Rastra Bank has published a report stating that all the economic indicators of the nation is positive, it has not affected the share market. Moreover, the attractive dividend announcement and right share issuance from the BFIs has not been able to attract the investors. </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4792', 'image' => '20161220111211_nepse.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4989', 'article_category_id' => '1', 'title' => 'GAMCE 2017 from March 31', 'sub_title' => '', 'summary' => 'December 22: Global Adventure and Mountaineering Conference and Expo (GAMCE) 2017 will be held from March 31 to April 2 in Kathmandu. The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association. ', 'content' => '<p style="text-align: justify;">December 22: Global Adventure and Mountaineering Conference and Expo (GAMCE) 2017 will be held from March 31 to April 2 in Kathmandu. The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association. </p> <p style="text-align: justify;">The expo will be showcasing services related to adventure and expedition travels, adventure sports gears and accessories such as canoes, raftsa, kayaks, mountain-bikes, dirt bikes, parachutes, para-gliders, skis, skateboards, surfboards, fishing gears along with mountaineering harnesses, adventure sportswear and accessories and outdoors products.</p> <p style="text-align: justify;">Speaking in the press conference, Birendra Rajkarnikar, Managing Director of House of Rajkarnikar said that Nepal located amid near East Asia and south East Asia is epicenter of future adventure growth. “As per the World Trade Organisation (WTO) statistics, in compare to general tourism of five percent from 2010 to 2013, adventure tourism has increased by 195 percent to USD 263 billion globally in same period,” he said. He added that adventure tourism is expected to grow exponentially given the tourism projection of 1.8 billion arrivals in 2030. Meanwhile, Deepak Raj Joshi, CEO of NTB mentioned that the expo is going to be worthwhile for the people interested in the adventure tourism.</p> <p style="text-align: justify;">The conference held on December 21 focused on adventure as sports, adventure as tourism and adventure in the context of the environment. “Asia Pacific share of travel market is expected to grow from 22 percent to 30 percent in 2030. While the expenses of North America and Europe and intra-regional inbound tourism for Asia-Pacific is about 73 percent indicated of 400 million arrivals of tourists. South Asia has the highest growth rate of six percent six percent leading up to 2030,” reads a statement issued by the event’s organizer. </p> ', 'published' => true, 'created' => '2016-12-22', 'modified' => '2016-12-22', 'keywords' => '', 'description' => '', 'sortorder' => '4806', 'image' => '20161222112212_ntb.jpg', 'article_date' => '2016-12-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4988', 'article_category_id' => '1', 'title' => 'BOKL Appoints Dhurmus-Suntali as Brand Ambassadors', 'sub_title' => '', 'summary' => 'December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December 21.', 'content' => '<p style="text-align: justify;">December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December 21.</p> <p style="text-align: justify;">The newly appointed brand ambassadors Dhurmus-Suntali will promote programs of the bank through TV, radio, newspapers, magazines and online media, said the bank. "The duo is appointed as brand ambassadors as per the banks objective of undertaking its slogan 'Bachat Nai Ho Dhan, Sunaulo Bhavisya, Sajilo Jivan'," reads the statement. The co-ordination of the bank with Dhurmus-Suntali will be paid off till the long-term, said Shrestha. </p> ', 'published' => true, 'created' => '2016-12-22', 'modified' => '2016-12-22', 'keywords' => '', 'description' => '', 'sortorder' => '4805', 'image' => '20161222110647_bokl.jpg', 'article_date' => '2016-12-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4987', 'article_category_id' => '1', 'title' => 'Astounding Business of Smoking Pipes', 'sub_title' => '', 'summary' => 'December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate procedure.', 'content' => '<p style="text-align: justify;">December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate procedure.</p> <p style="text-align: justify;">Nepal itself is a big market for these smoking pipes. The market of these smoking pipes, usually used to consume tobacco, is of Rs 1 billion and above, opined the source. The traders assumed that the entrepreneurs manufacturing glass smoking pipes transact the amount from both domestic and international market. A small industry with only 10 craftsmen can transact over Rs 1.5 billion a year from the smoking pipes, said an industrialist.</p> <p style="text-align: justify;">"Previously, more than 150 companies used to manufacture smoking pipes in Nepal. However, the number has reduced to 90 after the devastating earthquake and border blockade of the last year," said Madhusudan Pandey, Vice-President of Nepal Glass Pipe Association. He added "With a decrease in number of industry, export has also decreased by 40 per cent." According to him, these industries are operating from home without registration.</p> <p style="text-align: justify;">The primary market of these products manufactured from glass and borosil tube and colour is America, informed the traders. Other than that, it has high demand in various countries of Europe and Japan as well. However, export of these products is not done through corporate procedure. The industrialist sends these products through courier service by contacting the buyers personally. According to the source, these smoking pipes are sent as showpieces in America, the primary market, due to the aggravating export procedure. Moreover, the industrialist complain that the cheaper smoking pipes from India and China, lack of skilled manpower, regulatory complications, ignorance of the government and various other factors are hindering the growth of the industry.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4804', 'image' => '20161221043501_smoke.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4986', 'article_category_id' => '1', 'title' => 'Only 20 companies traded through OTC Market in a year', 'sub_title' => '', 'summary' => 'December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange (NEPSE).', 'content' => '<p style="text-align:justify">December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange (NEPSE).</p> <p style="text-align:justify">The OTC market is normally dormant, futile and irregular compare to the secondary market. The market provides a passage for investors to change the ownership and recover their investment. "Nepal being short of Public Ltd Companies and most of them listed in NEPSE, the OTC market of the country is more of inactive," Parajuli opined.</p> <p style="text-align:justify">"In developed countries, most of the share trading takes place at OTC market. However, in Nepal, the OTC market is seen as the platform for weak companies. Thus, the companies avoid OTC market," said Niranjan Phuyal, Senior Manager of NEPSE. "The Upper Tamakoshi Hydro Project has issued shares to nearly 200,000 employees and not to the public. If only it had registered with OTC, the employees could have trade their shares," he added. "OTC market is a good platform to provide liquidity to such shareholders."</p> <p style="text-align:justify">Previously, as per the decision of board of directors, share ownership changing activities of the companies not listed in securities market were undertaken in Company Registrar's Office. However, the Company Registrar Office issuing a circular has directed the related bodies to carry out such activities along with trading of shares from the OTC market. After which, it is expected that the OTC market may take a pace. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4803', 'image' => '20161221022435_otc.JPG', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4985', 'article_category_id' => '1', 'title' => 'Qatar Airways Bags a Trifecta of Awards from Global Traveller Magazine', 'sub_title' => '', 'summary' => 'December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society, inf', 'content' => '<p style="text-align: justify;">December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society, informed the press statement issued by the company.</p> <p style="text-align: justify;">"Qatar Airways takes pride in the many awards bestowed upon us and to win recognition from passengers who are familiar with the ins and outs of international travel, is especially rewarding. Providing the world’s best Premium Class travel continues to be our goal. For luxury global trips, there is no better choice than Qatar Airways’ award-winning service," said Akbar Al Baker, Chief Executive of Qatar Airways Group.</p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4802', 'image' => '20161221124804_qatar.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4984', 'article_category_id' => '1', 'title' => 'Support Microfinance Appoints NMB Capital as Share Registrar', 'sub_title' => '', 'summary' => 'December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December 18.', 'content' => '<p style="text-align: justify;">December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December 18.</p> <p style="text-align: justify;">The microfinance established on November 14 2014 in Itahari, Sunsari is issuing 180,000 equity shares to general investors for which it signed NMB as its issue manager. The institution informed of issuing the shares within the current FY. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4801', 'image' => '20161221121300_support.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4983', 'article_category_id' => '1', 'title' => 'Jyoti Bikash Bank Starts ATM in Devghat', 'sub_title' => '', 'summary' => 'December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20. ', 'content' => '<p style="text-align: justify;">December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4800', 'image' => '20161221114903_jytoi.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4982', 'article_category_id' => '1', 'title' => 'Machhapuchchhre's Support to Students', 'sub_title' => '', 'summary' => 'December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school. ', 'content' => '<p style="text-align: justify;">December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4799', 'image' => '20161221112749_machha.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4981', 'article_category_id' => '1', 'title' => 'Metlife's New Life Insurance Product', 'sub_title' => '', 'summary' => 'December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its kind.', 'content' => '<p style="text-align: justify;">December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its kind.</p> <p style="text-align: justify;">T S Vijayan, Chairman of Insurance regulatory and Development Authority of India launched the service amid a program in Hyderabad branch of the company. In the program, Tarun Chung, Executive Officer of the company said that the company invested to significantly improve the customers' service through the utilisation of new technology. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4798', 'image' => '20161221110624_metlife.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4980', 'article_category_id' => '1', 'title' => 'NT in a Pact with Ooredoo Qatar', 'sub_title' => '', 'summary' => 'December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT. ', 'content' => '<p style="text-align: justify;">December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4797', 'image' => '20161221105407_telecom.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4979', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branch at Hetauda', 'sub_title' => '', 'summary' => 'December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY. ', 'content' => '<p style="text-align: justify;">December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4796', 'image' => '20161221103900_janatabank.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4978', 'article_category_id' => '1', 'title' => 'NRB Issuing Reverse Repo worth Rs 1 billion today', 'sub_title' => '', 'summary' => 'December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse repo.', 'content' => '<p style="text-align: justify;">December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse repo.</p> <p style="text-align: justify;">In the recent time, NRB has been issuing short term reverse repo usually of Rs 500 million to mop up excess liquidity in banking system. However, NRB is issuing reverse repo or Rs 1 billion this time. Meanwhile, NRB is also sending liquidity to banking system now and then by issuing repo. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4795', 'image' => '20161221102947_NRB.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4977', 'article_category_id' => '1', 'title' => 'Belgium Ambassador Meet with Nepali Entrepreneurs', 'sub_title' => '', 'summary' => 'December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the lead', 'content' => '<p style="text-align: justify;">December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the leadership has led certainty to the investable environment," said Luykx. He opined of taking advantage of the positive environment and enforcing joint effort of the government and private sector to obtain high and sustainable economic growth.</p> <p style="text-align: justify;">In the meeting, Hari Bhakta Sharma, President of CNI informing that all foreign companies operating in Nepal are earning higher rate of return, called upon Belgian investors to invest in Nepal. </p> <p style="text-align: justify;">On the same day, Ambassador Luykx met with Romi Gauchan, Minister of Commerce and supplies and officials of Nepal Chamber of Commerce (NCC). </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4794', 'image' => '20161220043722_cni.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4968', 'article_category_id' => '1', 'title' => 'NEPSE to Form Separate Company for OTC Trading', 'sub_title' => '', 'summary' => 'December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35th annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi. ', 'content' => '<p style="text-align:justify">December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35<sup>th</sup> annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi. </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4793', 'image' => '20161220101502_OTC.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4969', 'article_category_id' => '1', 'title' => 'Sharp Decline in Share Transaction Amount in One Month ', 'sub_title' => '', 'summary' => 'December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the d', 'content' => '<p style="text-align:justify">December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the decline in growth of deposit compare to loan extension by the banks and financial institutions (BFIs) resulting contraction of share transactions. The BFIs are providing 7-10 per cent interest rate on deposit to increase their deposit collection. Investors get attracted to increased interest rate on deposit when the share market is down turning which has also affected the share market.</p> <p style="text-align:justify">Meanwhile, the BFIs have increased the interest rate on margin lending. The investors who seek loans to invest in share market have been disappointed on increased interest rate on margin lending. In the down falling stock market, share investors do not get ideal return from borrowed money, thus, the transaction amount has decreased significantly in the share market," said an analyst. According to him, the market is at 'wait and see' condition.</p> <p style="text-align:justify">Although Nepal Rastra Bank has published a report stating that all the economic indicators of the nation is positive, it has not affected the share market. Moreover, the attractive dividend announcement and right share issuance from the BFIs has not been able to attract the investors. </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4792', 'image' => '20161220111211_nepse.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4989', 'article_category_id' => '1', 'title' => 'GAMCE 2017 from March 31', 'sub_title' => '', 'summary' => 'December 22: Global Adventure and Mountaineering Conference and Expo (GAMCE) 2017 will be held from March 31 to April 2 in Kathmandu. The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association. ', 'content' => '<p style="text-align: justify;">December 22: Global Adventure and Mountaineering Conference and Expo (GAMCE) 2017 will be held from March 31 to April 2 in Kathmandu. The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association. </p> <p style="text-align: justify;">The expo will be showcasing services related to adventure and expedition travels, adventure sports gears and accessories such as canoes, raftsa, kayaks, mountain-bikes, dirt bikes, parachutes, para-gliders, skis, skateboards, surfboards, fishing gears along with mountaineering harnesses, adventure sportswear and accessories and outdoors products.</p> <p style="text-align: justify;">Speaking in the press conference, Birendra Rajkarnikar, Managing Director of House of Rajkarnikar said that Nepal located amid near East Asia and south East Asia is epicenter of future adventure growth. “As per the World Trade Organisation (WTO) statistics, in compare to general tourism of five percent from 2010 to 2013, adventure tourism has increased by 195 percent to USD 263 billion globally in same period,” he said. He added that adventure tourism is expected to grow exponentially given the tourism projection of 1.8 billion arrivals in 2030. Meanwhile, Deepak Raj Joshi, CEO of NTB mentioned that the expo is going to be worthwhile for the people interested in the adventure tourism.</p> <p style="text-align: justify;">The conference held on December 21 focused on adventure as sports, adventure as tourism and adventure in the context of the environment. “Asia Pacific share of travel market is expected to grow from 22 percent to 30 percent in 2030. While the expenses of North America and Europe and intra-regional inbound tourism for Asia-Pacific is about 73 percent indicated of 400 million arrivals of tourists. South Asia has the highest growth rate of six percent six percent leading up to 2030,” reads a statement issued by the event’s organizer. </p> ', 'published' => true, 'created' => '2016-12-22', 'modified' => '2016-12-22', 'keywords' => '', 'description' => '', 'sortorder' => '4806', 'image' => '20161222112212_ntb.jpg', 'article_date' => '2016-12-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4988', 'article_category_id' => '1', 'title' => 'BOKL Appoints Dhurmus-Suntali as Brand Ambassadors', 'sub_title' => '', 'summary' => 'December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December 21.', 'content' => '<p style="text-align: justify;">December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December 21.</p> <p style="text-align: justify;">The newly appointed brand ambassadors Dhurmus-Suntali will promote programs of the bank through TV, radio, newspapers, magazines and online media, said the bank. "The duo is appointed as brand ambassadors as per the banks objective of undertaking its slogan 'Bachat Nai Ho Dhan, Sunaulo Bhavisya, Sajilo Jivan'," reads the statement. The co-ordination of the bank with Dhurmus-Suntali will be paid off till the long-term, said Shrestha. </p> ', 'published' => true, 'created' => '2016-12-22', 'modified' => '2016-12-22', 'keywords' => '', 'description' => '', 'sortorder' => '4805', 'image' => '20161222110647_bokl.jpg', 'article_date' => '2016-12-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4987', 'article_category_id' => '1', 'title' => 'Astounding Business of Smoking Pipes', 'sub_title' => '', 'summary' => 'December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate procedure.', 'content' => '<p style="text-align: justify;">December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate procedure.</p> <p style="text-align: justify;">Nepal itself is a big market for these smoking pipes. The market of these smoking pipes, usually used to consume tobacco, is of Rs 1 billion and above, opined the source. The traders assumed that the entrepreneurs manufacturing glass smoking pipes transact the amount from both domestic and international market. A small industry with only 10 craftsmen can transact over Rs 1.5 billion a year from the smoking pipes, said an industrialist.</p> <p style="text-align: justify;">"Previously, more than 150 companies used to manufacture smoking pipes in Nepal. However, the number has reduced to 90 after the devastating earthquake and border blockade of the last year," said Madhusudan Pandey, Vice-President of Nepal Glass Pipe Association. He added "With a decrease in number of industry, export has also decreased by 40 per cent." According to him, these industries are operating from home without registration.</p> <p style="text-align: justify;">The primary market of these products manufactured from glass and borosil tube and colour is America, informed the traders. Other than that, it has high demand in various countries of Europe and Japan as well. However, export of these products is not done through corporate procedure. The industrialist sends these products through courier service by contacting the buyers personally. According to the source, these smoking pipes are sent as showpieces in America, the primary market, due to the aggravating export procedure. Moreover, the industrialist complain that the cheaper smoking pipes from India and China, lack of skilled manpower, regulatory complications, ignorance of the government and various other factors are hindering the growth of the industry.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4804', 'image' => '20161221043501_smoke.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4986', 'article_category_id' => '1', 'title' => 'Only 20 companies traded through OTC Market in a year', 'sub_title' => '', 'summary' => 'December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange (NEPSE).', 'content' => '<p style="text-align:justify">December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange (NEPSE).</p> <p style="text-align:justify">The OTC market is normally dormant, futile and irregular compare to the secondary market. The market provides a passage for investors to change the ownership and recover their investment. "Nepal being short of Public Ltd Companies and most of them listed in NEPSE, the OTC market of the country is more of inactive," Parajuli opined.</p> <p style="text-align:justify">"In developed countries, most of the share trading takes place at OTC market. However, in Nepal, the OTC market is seen as the platform for weak companies. Thus, the companies avoid OTC market," said Niranjan Phuyal, Senior Manager of NEPSE. "The Upper Tamakoshi Hydro Project has issued shares to nearly 200,000 employees and not to the public. If only it had registered with OTC, the employees could have trade their shares," he added. "OTC market is a good platform to provide liquidity to such shareholders."</p> <p style="text-align:justify">Previously, as per the decision of board of directors, share ownership changing activities of the companies not listed in securities market were undertaken in Company Registrar's Office. However, the Company Registrar Office issuing a circular has directed the related bodies to carry out such activities along with trading of shares from the OTC market. After which, it is expected that the OTC market may take a pace. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4803', 'image' => '20161221022435_otc.JPG', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4985', 'article_category_id' => '1', 'title' => 'Qatar Airways Bags a Trifecta of Awards from Global Traveller Magazine', 'sub_title' => '', 'summary' => 'December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society, inf', 'content' => '<p style="text-align: justify;">December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society, informed the press statement issued by the company.</p> <p style="text-align: justify;">"Qatar Airways takes pride in the many awards bestowed upon us and to win recognition from passengers who are familiar with the ins and outs of international travel, is especially rewarding. Providing the world’s best Premium Class travel continues to be our goal. For luxury global trips, there is no better choice than Qatar Airways’ award-winning service," said Akbar Al Baker, Chief Executive of Qatar Airways Group.</p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4802', 'image' => '20161221124804_qatar.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4984', 'article_category_id' => '1', 'title' => 'Support Microfinance Appoints NMB Capital as Share Registrar', 'sub_title' => '', 'summary' => 'December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December 18.', 'content' => '<p style="text-align: justify;">December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December 18.</p> <p style="text-align: justify;">The microfinance established on November 14 2014 in Itahari, Sunsari is issuing 180,000 equity shares to general investors for which it signed NMB as its issue manager. The institution informed of issuing the shares within the current FY. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4801', 'image' => '20161221121300_support.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4983', 'article_category_id' => '1', 'title' => 'Jyoti Bikash Bank Starts ATM in Devghat', 'sub_title' => '', 'summary' => 'December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20. ', 'content' => '<p style="text-align: justify;">December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4800', 'image' => '20161221114903_jytoi.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4982', 'article_category_id' => '1', 'title' => 'Machhapuchchhre's Support to Students', 'sub_title' => '', 'summary' => 'December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school. ', 'content' => '<p style="text-align: justify;">December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4799', 'image' => '20161221112749_machha.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4981', 'article_category_id' => '1', 'title' => 'Metlife's New Life Insurance Product', 'sub_title' => '', 'summary' => 'December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its kind.', 'content' => '<p style="text-align: justify;">December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its kind.</p> <p style="text-align: justify;">T S Vijayan, Chairman of Insurance regulatory and Development Authority of India launched the service amid a program in Hyderabad branch of the company. In the program, Tarun Chung, Executive Officer of the company said that the company invested to significantly improve the customers' service through the utilisation of new technology. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4798', 'image' => '20161221110624_metlife.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4980', 'article_category_id' => '1', 'title' => 'NT in a Pact with Ooredoo Qatar', 'sub_title' => '', 'summary' => 'December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT. ', 'content' => '<p style="text-align: justify;">December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4797', 'image' => '20161221105407_telecom.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4979', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branch at Hetauda', 'sub_title' => '', 'summary' => 'December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY. ', 'content' => '<p style="text-align: justify;">December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4796', 'image' => '20161221103900_janatabank.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4978', 'article_category_id' => '1', 'title' => 'NRB Issuing Reverse Repo worth Rs 1 billion today', 'sub_title' => '', 'summary' => 'December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse repo.', 'content' => '<p style="text-align: justify;">December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse repo.</p> <p style="text-align: justify;">In the recent time, NRB has been issuing short term reverse repo usually of Rs 500 million to mop up excess liquidity in banking system. However, NRB is issuing reverse repo or Rs 1 billion this time. Meanwhile, NRB is also sending liquidity to banking system now and then by issuing repo. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4795', 'image' => '20161221102947_NRB.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4977', 'article_category_id' => '1', 'title' => 'Belgium Ambassador Meet with Nepali Entrepreneurs', 'sub_title' => '', 'summary' => 'December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the lead', 'content' => '<p style="text-align: justify;">December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the leadership has led certainty to the investable environment," said Luykx. He opined of taking advantage of the positive environment and enforcing joint effort of the government and private sector to obtain high and sustainable economic growth.</p> <p style="text-align: justify;">In the meeting, Hari Bhakta Sharma, President of CNI informing that all foreign companies operating in Nepal are earning higher rate of return, called upon Belgian investors to invest in Nepal. </p> <p style="text-align: justify;">On the same day, Ambassador Luykx met with Romi Gauchan, Minister of Commerce and supplies and officials of Nepal Chamber of Commerce (NCC). </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4794', 'image' => '20161220043722_cni.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4968', 'article_category_id' => '1', 'title' => 'NEPSE to Form Separate Company for OTC Trading', 'sub_title' => '', 'summary' => 'December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35th annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi. ', 'content' => '<p style="text-align:justify">December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35<sup>th</sup> annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi. </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4793', 'image' => '20161220101502_OTC.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4969', 'article_category_id' => '1', 'title' => 'Sharp Decline in Share Transaction Amount in One Month ', 'sub_title' => '', 'summary' => 'December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the d', 'content' => '<p style="text-align:justify">December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the decline in growth of deposit compare to loan extension by the banks and financial institutions (BFIs) resulting contraction of share transactions. The BFIs are providing 7-10 per cent interest rate on deposit to increase their deposit collection. Investors get attracted to increased interest rate on deposit when the share market is down turning which has also affected the share market.</p> <p style="text-align:justify">Meanwhile, the BFIs have increased the interest rate on margin lending. The investors who seek loans to invest in share market have been disappointed on increased interest rate on margin lending. In the down falling stock market, share investors do not get ideal return from borrowed money, thus, the transaction amount has decreased significantly in the share market," said an analyst. According to him, the market is at 'wait and see' condition.</p> <p style="text-align:justify">Although Nepal Rastra Bank has published a report stating that all the economic indicators of the nation is positive, it has not affected the share market. Moreover, the attractive dividend announcement and right share issuance from the BFIs has not been able to attract the investors. </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4792', 'image' => '20161220111211_nepse.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4989', 'article_category_id' => '1', 'title' => 'GAMCE 2017 from March 31', 'sub_title' => '', 'summary' => 'December 22: Global Adventure and Mountaineering Conference and Expo (GAMCE) 2017 will be held from March 31 to April 2 in Kathmandu. The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association. ', 'content' => '<p style="text-align: justify;">December 22: Global Adventure and Mountaineering Conference and Expo (GAMCE) 2017 will be held from March 31 to April 2 in Kathmandu. The expo is being organised by House of Rajkarnikar under the patronage of Nepal Tourism Board (NTB), Nepal Mountaineering Association, Indian Mountaineering Foundation and China Mountaineering Association. </p> <p style="text-align: justify;">The expo will be showcasing services related to adventure and expedition travels, adventure sports gears and accessories such as canoes, raftsa, kayaks, mountain-bikes, dirt bikes, parachutes, para-gliders, skis, skateboards, surfboards, fishing gears along with mountaineering harnesses, adventure sportswear and accessories and outdoors products.</p> <p style="text-align: justify;">Speaking in the press conference, Birendra Rajkarnikar, Managing Director of House of Rajkarnikar said that Nepal located amid near East Asia and south East Asia is epicenter of future adventure growth. “As per the World Trade Organisation (WTO) statistics, in compare to general tourism of five percent from 2010 to 2013, adventure tourism has increased by 195 percent to USD 263 billion globally in same period,” he said. He added that adventure tourism is expected to grow exponentially given the tourism projection of 1.8 billion arrivals in 2030. Meanwhile, Deepak Raj Joshi, CEO of NTB mentioned that the expo is going to be worthwhile for the people interested in the adventure tourism.</p> <p style="text-align: justify;">The conference held on December 21 focused on adventure as sports, adventure as tourism and adventure in the context of the environment. “Asia Pacific share of travel market is expected to grow from 22 percent to 30 percent in 2030. While the expenses of North America and Europe and intra-regional inbound tourism for Asia-Pacific is about 73 percent indicated of 400 million arrivals of tourists. South Asia has the highest growth rate of six percent six percent leading up to 2030,” reads a statement issued by the event’s organizer. </p> ', 'published' => true, 'created' => '2016-12-22', 'modified' => '2016-12-22', 'keywords' => '', 'description' => '', 'sortorder' => '4806', 'image' => '20161222112212_ntb.jpg', 'article_date' => '2016-12-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4988', 'article_category_id' => '1', 'title' => 'BOKL Appoints Dhurmus-Suntali as Brand Ambassadors', 'sub_title' => '', 'summary' => 'December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December 21.', 'content' => '<p style="text-align: justify;">December 22: Bank of Kathmandu Lumbini has appointed social workers and comic actors Sitaram Kattel (Dhurmus) and Kunjana Ghimire (Suntali) as its brand ambassadors. Issuing a press statement, the bank informed of appointing Dhurmus-Suntali as its brand ambassadors in order to promote its services and businesses. Ajay Shrestha, CEO of BOKL and Kattel signed a memorandum of understanding (MoU) amid a program organised on December 21.</p> <p style="text-align: justify;">The newly appointed brand ambassadors Dhurmus-Suntali will promote programs of the bank through TV, radio, newspapers, magazines and online media, said the bank. "The duo is appointed as brand ambassadors as per the banks objective of undertaking its slogan 'Bachat Nai Ho Dhan, Sunaulo Bhavisya, Sajilo Jivan'," reads the statement. The co-ordination of the bank with Dhurmus-Suntali will be paid off till the long-term, said Shrestha. </p> ', 'published' => true, 'created' => '2016-12-22', 'modified' => '2016-12-22', 'keywords' => '', 'description' => '', 'sortorder' => '4805', 'image' => '20161222110647_bokl.jpg', 'article_date' => '2016-12-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4987', 'article_category_id' => '1', 'title' => 'Astounding Business of Smoking Pipes', 'sub_title' => '', 'summary' => 'December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate procedure.', 'content' => '<p style="text-align: justify;">December 21: Since few years, manufacturing and sales of 'smoking pipe' is gradually increasing in Nepal. Such products are manufactured under the handicraft category, according to a source. As per the statistics of Federation of Handicraft Associations of Nepal, Nepal export handicraft products worth of Rs 4-5 billion annually. Smoking pipe is one of the exported items of Nepal. According to the source, its export however is not conducted through the corporate procedure.</p> <p style="text-align: justify;">Nepal itself is a big market for these smoking pipes. The market of these smoking pipes, usually used to consume tobacco, is of Rs 1 billion and above, opined the source. The traders assumed that the entrepreneurs manufacturing glass smoking pipes transact the amount from both domestic and international market. A small industry with only 10 craftsmen can transact over Rs 1.5 billion a year from the smoking pipes, said an industrialist.</p> <p style="text-align: justify;">"Previously, more than 150 companies used to manufacture smoking pipes in Nepal. However, the number has reduced to 90 after the devastating earthquake and border blockade of the last year," said Madhusudan Pandey, Vice-President of Nepal Glass Pipe Association. He added "With a decrease in number of industry, export has also decreased by 40 per cent." According to him, these industries are operating from home without registration.</p> <p style="text-align: justify;">The primary market of these products manufactured from glass and borosil tube and colour is America, informed the traders. Other than that, it has high demand in various countries of Europe and Japan as well. However, export of these products is not done through corporate procedure. The industrialist sends these products through courier service by contacting the buyers personally. According to the source, these smoking pipes are sent as showpieces in America, the primary market, due to the aggravating export procedure. Moreover, the industrialist complain that the cheaper smoking pipes from India and China, lack of skilled manpower, regulatory complications, ignorance of the government and various other factors are hindering the growth of the industry.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4804', 'image' => '20161221043501_smoke.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4986', 'article_category_id' => '1', 'title' => 'Only 20 companies traded through OTC Market in a year', 'sub_title' => '', 'summary' => 'December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange (NEPSE).', 'content' => '<p style="text-align:justify">December 21: Only 20 companies have traded their shares in the over the counter (OTC) market which was started nearly 1 year ago. The OTC market allows trading of shares belonging to de-listed companies and others failing to meet listing requirements. "In the total of 41 companies listed in OTC, only 20 have undertaken the transactions," said Murahari Parajuli, Spokesperson of Nepal Stock Exchange (NEPSE).</p> <p style="text-align:justify">The OTC market is normally dormant, futile and irregular compare to the secondary market. The market provides a passage for investors to change the ownership and recover their investment. "Nepal being short of Public Ltd Companies and most of them listed in NEPSE, the OTC market of the country is more of inactive," Parajuli opined.</p> <p style="text-align:justify">"In developed countries, most of the share trading takes place at OTC market. However, in Nepal, the OTC market is seen as the platform for weak companies. Thus, the companies avoid OTC market," said Niranjan Phuyal, Senior Manager of NEPSE. "The Upper Tamakoshi Hydro Project has issued shares to nearly 200,000 employees and not to the public. If only it had registered with OTC, the employees could have trade their shares," he added. "OTC market is a good platform to provide liquidity to such shareholders."</p> <p style="text-align:justify">Previously, as per the decision of board of directors, share ownership changing activities of the companies not listed in securities market were undertaken in Company Registrar's Office. However, the Company Registrar Office issuing a circular has directed the related bodies to carry out such activities along with trading of shares from the OTC market. After which, it is expected that the OTC market may take a pace. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4803', 'image' => '20161221022435_otc.JPG', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4985', 'article_category_id' => '1', 'title' => 'Qatar Airways Bags a Trifecta of Awards from Global Traveller Magazine', 'sub_title' => '', 'summary' => 'December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society, inf', 'content' => '<p style="text-align: justify;">December 21: Qatar Airways has been awarded three honours in a reception held by Global Traveller magazine. The Airways bagged three honours including Best Airline for International First Class, Best First-Class Seat Design and, for the third time, Best Airline in the Middle East. The event, held in The Peninsula Beverly Hills hotel, was attended by over 25 other industry representatives and also marked the start of the Global Traveller’s charitable initiative for The Leukaemia & Lymphoma Society, informed the press statement issued by the company.</p> <p style="text-align: justify;">"Qatar Airways takes pride in the many awards bestowed upon us and to win recognition from passengers who are familiar with the ins and outs of international travel, is especially rewarding. Providing the world’s best Premium Class travel continues to be our goal. For luxury global trips, there is no better choice than Qatar Airways’ award-winning service," said Akbar Al Baker, Chief Executive of Qatar Airways Group.</p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4802', 'image' => '20161221124804_qatar.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4984', 'article_category_id' => '1', 'title' => 'Support Microfinance Appoints NMB Capital as Share Registrar', 'sub_title' => '', 'summary' => 'December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December 18.', 'content' => '<p style="text-align: justify;">December 21: Support Microfinance Bittiya Sanstha has appointed NMB Capital as its share registrar. Chandra Lal Dhakal, CEO of Support and Srijesh Ghimire, CEO of NMB Capital signed the agreement paper on behalf of their respective organisation regarding the matter in a program organised on December 18.</p> <p style="text-align: justify;">The microfinance established on November 14 2014 in Itahari, Sunsari is issuing 180,000 equity shares to general investors for which it signed NMB as its issue manager. The institution informed of issuing the shares within the current FY. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4801', 'image' => '20161221121300_support.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4983', 'article_category_id' => '1', 'title' => 'Jyoti Bikash Bank Starts ATM in Devghat', 'sub_title' => '', 'summary' => 'December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20. ', 'content' => '<p style="text-align: justify;">December 21: Jyoti Bikash Bank has started the first ATM service of Devghat, a famous sacred, holy and religious place resided at the border of Tanahun and Chitwan. The bank started the ATM counter in its Devghat extension counter. "The bank started its services in Devghat five years ago and now it is operating an ATM counter in the location under its corporate social responsibility," said Tapendra Bist, Bharatpur Branch Manager. Krishna Bahadur Kunwar, CEO of the bank, Dr Guru Prasad Subedi, Principle of Mahesh Sanskrit Gurukul and Buddhi Prasad Bhusal, Secretary of Devghat VDC jointly inaugurated the ATM amid a program organised on December 20. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4800', 'image' => '20161221114903_jytoi.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4982', 'article_category_id' => '1', 'title' => 'Machhapuchchhre's Support to Students', 'sub_title' => '', 'summary' => 'December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school. ', 'content' => '<p style="text-align: justify;">December 21: Machhapuchchhre Bank, Phidim branch has distributed educational supplies to students. The branch distributed the supplies to students of Nagin Secondary School, Poolbhanjyang. Tek Bahadur Basnet, Phidim Branch Manager informed that the activity is done under its corporate social responsibility. The bank with coordination with Something Foundation supported 16 deprived and bright students studying in 1-10th class of the school. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4799', 'image' => '20161221112749_machha.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4981', 'article_category_id' => '1', 'title' => 'Metlife's New Life Insurance Product', 'sub_title' => '', 'summary' => 'December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its kind.', 'content' => '<p style="text-align: justify;">December 21: The American insurance company Metlife's subsidiary Indian company PNB Metlife has launched a new life insurance product. The new life insurance product 'Converse' is a customers' demand based virtual reality customer service, said the company in a press statement. According to the company, the scheme is first of its kind.</p> <p style="text-align: justify;">T S Vijayan, Chairman of Insurance regulatory and Development Authority of India launched the service amid a program in Hyderabad branch of the company. In the program, Tarun Chung, Executive Officer of the company said that the company invested to significantly improve the customers' service through the utilisation of new technology. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4798', 'image' => '20161221110624_metlife.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4980', 'article_category_id' => '1', 'title' => 'NT in a Pact with Ooredoo Qatar', 'sub_title' => '', 'summary' => 'December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT. ', 'content' => '<p style="text-align: justify;">December 21: Nepal Telecom and Ooredoo Qatar has made an agreement of providing roaming services in discounted rate. Pradeep Raj Upadhyay, Chief Business Officer of NT and Khalid Al-Mansouri, Acting CEO of Ooredoo signed the agreement paper amid a program on December 20. According to the agreement, the GSM post-paid mobile holders of NT can make a call from Qatar in a cheaper rate. The agreement will comes into effect from coming January, informs NT. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4797', 'image' => '20161221105407_telecom.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4979', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branch at Hetauda', 'sub_title' => '', 'summary' => 'December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY. ', 'content' => '<p style="text-align: justify;">December 21: Janata Bank Nepal has started a branch at Hetauda of Makwanpur. Uday Nepali Shrestha, Chairman of the bank inaugurated the branch amid a program on December 20. With the addition, the bank is operating through its network of 40 branches, 30 ATM counters and 15 branchless banking units. On the occasion, the bank informed of opening a branch in Bardibas of Mohattari along with additional ATMs and branchless banking units in various locations within the current FY. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4796', 'image' => '20161221103900_janatabank.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4978', 'article_category_id' => '1', 'title' => 'NRB Issuing Reverse Repo worth Rs 1 billion today', 'sub_title' => '', 'summary' => 'December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse repo.', 'content' => '<p style="text-align: justify;">December 21: Nepal Rastra Bank is issuing reverse repo of Rs 1 billion today. The bank is issuing the reverse repo in a bid to mop up excess liquidity in banks and financial institutions (BFIs). The reverse repo which is scheduled to float at 2 pm today will mature in 7 days on December 28. The A, B and C listed BFIs can participate in the on-line auction of the reverse repo.</p> <p style="text-align: justify;">In the recent time, NRB has been issuing short term reverse repo usually of Rs 500 million to mop up excess liquidity in banking system. However, NRB is issuing reverse repo or Rs 1 billion this time. Meanwhile, NRB is also sending liquidity to banking system now and then by issuing repo. </p> ', 'published' => true, 'created' => '2016-12-21', 'modified' => '2016-12-21', 'keywords' => '', 'description' => '', 'sortorder' => '4795', 'image' => '20161221102947_NRB.jpg', 'article_date' => '2016-12-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4977', 'article_category_id' => '1', 'title' => 'Belgium Ambassador Meet with Nepali Entrepreneurs', 'sub_title' => '', 'summary' => 'December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the lead', 'content' => '<p style="text-align: justify;">December 20: Jan Luykx, Belgium Ambassador for Nepal has said that the investment environment is gradually improving in Nepal. He kept the view in a meeting with Confederation of Nepalese Industries (CNI) on December 19. "Improvement in the political environment and drive of economic prosperity among the leadership has led certainty to the investable environment," said Luykx. He opined of taking advantage of the positive environment and enforcing joint effort of the government and private sector to obtain high and sustainable economic growth.</p> <p style="text-align: justify;">In the meeting, Hari Bhakta Sharma, President of CNI informing that all foreign companies operating in Nepal are earning higher rate of return, called upon Belgian investors to invest in Nepal. </p> <p style="text-align: justify;">On the same day, Ambassador Luykx met with Romi Gauchan, Minister of Commerce and supplies and officials of Nepal Chamber of Commerce (NCC). </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4794', 'image' => '20161220043722_cni.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4968', 'article_category_id' => '1', 'title' => 'NEPSE to Form Separate Company for OTC Trading', 'sub_title' => '', 'summary' => 'December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35th annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi. ', 'content' => '<p style="text-align:justify">December 20: Nepal Stock Exchange (NEPSE) is preparing to form a separate company to manage over the counter (OTC) stock transaction by amending the OTC market bylaws. The 35<sup>th</sup> annual general meeting of NEPSE held on December 15 decided to establish a separate company for OTC trading. According to Murahari Parajuli, Spokesperson of NEPSE, the OTC market will be more effective after the formulation of separate company. Presently, OTC trading is carried out in five cities other than Kathmandu including Pokhara, Biratnagar, Dharan, Narayangadh and Dhangadhi. </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4793', 'image' => '20161220101502_OTC.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4969', 'article_category_id' => '1', 'title' => 'Sharp Decline in Share Transaction Amount in One Month ', 'sub_title' => '', 'summary' => 'December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the d', 'content' => '<p style="text-align:justify">December 20: In the recent days, the transaction amount of shares in the secondary market has dropped drastically. The transaction amount which was nearly of Rs 1 billion till one month back has declined by 40-60 per cent at present. In compare to transaction amount of the first trading day of the week, Monday saw decline of Rs 60 million transaction amount to Rs 561.6 million. Presently, the market is facing liquidity scarcity due to the decline in growth of deposit compare to loan extension by the banks and financial institutions (BFIs) resulting contraction of share transactions. The BFIs are providing 7-10 per cent interest rate on deposit to increase their deposit collection. Investors get attracted to increased interest rate on deposit when the share market is down turning which has also affected the share market.</p> <p style="text-align:justify">Meanwhile, the BFIs have increased the interest rate on margin lending. The investors who seek loans to invest in share market have been disappointed on increased interest rate on margin lending. In the down falling stock market, share investors do not get ideal return from borrowed money, thus, the transaction amount has decreased significantly in the share market," said an analyst. According to him, the market is at 'wait and see' condition.</p> <p style="text-align:justify">Although Nepal Rastra Bank has published a report stating that all the economic indicators of the nation is positive, it has not affected the share market. Moreover, the attractive dividend announcement and right share issuance from the BFIs has not been able to attract the investors. </p> ', 'published' => true, 'created' => '2016-12-20', 'modified' => '2016-12-20', 'keywords' => '', 'description' => '', 'sortorder' => '4792', 'image' => '20161220111211_nepse.jpg', 'article_date' => '2016-12-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
