December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow…
December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance…
December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill…
December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and…
December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport…
December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell…
December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction…
December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its…
December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such…
December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19th anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural…
November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a…
November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in…
November 30: Janata Bank has started its 37th branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide…
November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali…
November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4853', 'article_category_id' => '1', 'title' => 'Global IME Bank rolls out EMV Chip Cards', 'sub_title' => '', 'summary' => 'December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consum', 'content' => '<p style="text-align: justify;">December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consumers to transact securely at ATM, POS Terminals and most importantly would contribute towards making the Nepali payment domain more secure.</p> <p style="text-align: justify;">According to the statement, EMV Cards will make card based transactions more secure which, in turn, will give a boost to the cashless transaction system in Nepal.</p> <p style="text-align: justify;">"The bank has always been extremely cautious on the security aspect of the electronic transactions. Earlier, it had introduced forceful PIN change system into the card system to give confidence to the card holders. Now with the EMV chip Cards, the bank is likely to enhance its “The Bank for All” image amongst the customers. The bank’s effort has always been to provide its customer a secure and safe electronic payment medium for their everyday purchases and transactions," reads the statement.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4683', 'image' => '20161202051417_global.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4852', 'article_category_id' => '1', 'title' => 'Prabhu Bank Starts branch at Accham', 'sub_title' => '', 'summary' => 'December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance project', 'content' => '<p style="text-align: justify;">December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance project. With the establishment of the branch, the bank believed that the local people of Achham will get easy financial services. </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4682', 'image' => '20161202011815_prabhu bank.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4851', 'article_category_id' => '1', 'title' => 'Skyworth Launches New Microwave Oven ', 'sub_title' => '', 'summary' => 'December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill convec', 'content' => '<p style="text-align:justify">December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill convection and stylish mirror glass finish, said the company in a press statement.</p> <p style="text-align:justify">According to the statement, the 900 watt power appliance is available at the introductory price of Rs 17,500. "It comes with an 5 years warranty on Magnetron, thereby delivering everything functionality to reliability and trust to the customers,' reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4681', 'image' => '20161202123305_skyworth.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4850', 'article_category_id' => '1', 'title' => 'Old Monk Rum Hits Nepali Market', 'sub_title' => '', 'summary' => 'December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and comes', 'content' => '<p style="text-align:justify">December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and comes in 3 pack sizes 750ml, 375ml & 180ml. The classic vintage design of the bottle further adds to the experience of drinking this fine very old vatted dark rum," reads the statement.</p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4680', 'image' => '20161202120302_Old Monk.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4849', 'article_category_id' => '1', 'title' => 'ADB Approves $186.80 million Loan to Improve Transport Connectivity in Nepal', 'sub_title' => '', 'summary' => ' December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity.', 'content' => '<p style="text-align: justify;"> December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity.</p> <p style="text-align: justify;">“This project supports the government’s plans to further develop Nepal’s infrastructure and connectivity within and outside the country,” Lee Ming Tai, Senior Transport Specialist at ADB’s South Asia Regional Department, said. “These road improvements will help 673,000 people in the Terai area have better access to schools, hospitals, jobs, as well as local and international markets.”</p> <p style="text-align: justify;">Roads carry about 90% of overall passenger and goods in the country. But the land-locked nation also has the lowest road density among South Asian countries with only 14 km of road per 100 square km and 0.90 km per 1,000 people. This poor connectivity increases transport costs, limits people’s access to jobs and social services, impedes trade with neighboring countries, and undermines the development of competitive industries in Nepal, including high-value agriculture, agro-processing and manufacturing, reads the press release issued by the bank on December 1.</p> <p style="text-align: justify;">According to Manila based multilateral financial institution, the project will upgrade a section of the strategic East-West highway including the main arterial road cutting across the entire width of the country in the southern Terai area and a key feeder road. These critical sections are the 115 km road network running from Narayanghat to Butwal, and the 45 km feeder road from Bhairahawa to Taulihawa.</p> <p style="text-align: justify;">The road improvements will also incorporate flood control and drainage designs in anticipation of more frequent and intense rainfalls in the area as a result of climate change. The project will contribute to ADB’s commitment to increase climate finance by approximately $66.5 million. The project roads are located in Nepal’s tropical climate zone which experiences heavy rainfall from June to September.</p> <p style="text-align: justify;">Road safety is a key element of the project as road traffic accidents in the country continue to rise due to an increase in vehicle numbers and poor road conditions. The new road sections will have service lanes to segregate slow-moving local traffic from fast-moving through traffic, pedestrian-friendly features like walkways on both sides of the roads in settlement areas, pedestrian crossings and road accident emergency response systems at critical locations.</p> <p style="text-align: justify;">The project will include a five-year performance-based maintenance clause in the contracts with the view of tapping the private sector for maintenance contracts in the future. In this regard, ADB is providing a separate technical assistance to the country’s Department of Roads, the project’s implementing agency, to modernize road asset management and support the implementation of performance-based maintenance contracts.</p> <p style="text-align: justify;">The total cost of the project is $256.50 million, with the government contributing $69.70 million. The estimated completion date is in early 2022.</p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4679', 'image' => '20161202115205_adb.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4848', 'article_category_id' => '1', 'title' => 'Simrik Unveils New Chopper', 'sub_title' => '', 'summary' => 'December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell Hel', 'content' => '<p style="text-align: justify;">December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell Helicopter of Textron Company USA. As per the statement, the helicopter landed at TIA at 5 in the evening after the conclusion of the agreement on purchase between Simrik Air and Bell Helicopter in Singapore. The helicopter arrived at Kathmandu via air routes of Singapore, Malaysia, Thailand, Myanmar and Bangladesh.</p> <p style="text-align: justify;">According to the press statement, the helicopter is a new version of Bell 407 GXP of Bell Helicopter. “It has fully intergraded glass flight deck with Garmin G1000H which helps in the continuous flow flight information for safety,” informs the company. “Designed for luxury travel, the Bubul windows of the helicopter are regarded as comfortable for photography. The chopper has four main rotor blade with 643 KW FADEC Rolls-Royce 250-C47B/8 turbine engine.”</p> <p style="text-align: justify;">Similarly, the six seated chopper can carry 1160kg cargo in a flight. The helicopter has standard fuel capacity of 483.8 liters which can cover flight range of 624km and can endure four hours with the Service Ceiling (pressure altitude) of 18,940 feets.</p> <p style="text-align: justify;">“With the aim to help in the promotion of internal tourism, we are operating two AS350 B3e, a AS350 B2 and a Bell 407 GXP helicopter. And within one month we are planning to make permanent station in Pokhara,” said the company. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4678', 'image' => '20161201043409_heli.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4847', 'article_category_id' => '1', 'title' => 'NMB Bank launches NMB Corporate Internet Banking System', 'sub_title' => '', 'summary' => 'December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction authoriz', 'content' => '<p style="text-align: justify;">December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction authorization and real time account information amongst others, said the bank in a press statement.</p> <p style="text-align: justify;">According to the statement, NMB CIBS offers ease of handling corporate accounts from anywhere in the globe along with the flexibility to keep track of their business even while away from it. "The enhanced security with permission layers and access levels defined for individual user makes it a safe system. This is part of our ongoing efforts to enhance our customer experience with the Bank” reads the statement.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4677', 'image' => '20161201035031_nmb.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4846', 'article_category_id' => '1', 'title' => 'Upper Tamakoshi breakthrough Nepal's First Road Tunnel', 'sub_title' => '', 'summary' => 'December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its ', 'content' => '<p style="text-align: justify;">December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its kind in Nepal. The breakthrough has eased the re-start of the works that were halted by destruction of entrance road in Kabrebhir area caused by the devastating earthquake of last year. </p> <p style="text-align: justify;">"The main civil constructor of the project 'Sino Hydro' has breakthrough 337 meters long tunnel with 32 meter diameters from Kabrebhir at 10 am," said Dr Ganesh Neupane, Spokesperson of Upper Tamakoshi Hydro Project. One of the auditors of the Sino Hydro informed of spending Rs 120 million in the construction of road tunnel. As per the employees related with the project, after the breakthrough, the project might generate electricity before its scheduled date. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4676', 'image' => '20161201021207_upper tamakoshi.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4845', 'article_category_id' => '1', 'title' => ''Experience Nepal' for Worldwide American Express Cardholders', 'sub_title' => '', 'summary' => 'December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such facility.', 'content' => '<p style="text-align:justify">December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such facility.</p> <p style="text-align:justify">Organising a press conference on November 30, NTB informed that the campaign will start on 2017 July 31 and last for nearly 1 year. Under the campaign, worldwide tourists, owning American Express Card, travelling Nepal will get such facilities. The tourists arriving under the campaign will get up to 25 per cent discount on other various services as well.</p> <p style="text-align:justify">Similarly, Himalayan Bank will be co-ordinating with 100 merchant so that to provide banking services to the cardholders during the campaign period. Himalayan Bank is one of the co-ordinator of the campaign as well as an initiator of issuing International Credit Card in Nepal targeting tourists.</p> <p style="text-align:justify">Ashok Samsher Jabara, CEO of Himalayan Bank said that the bank will co-ordinate with 100 merchants including hotels, trekking and travel agencies serving the tourists. He also informed that the bank has already selected nearly 100 merchants for co-ordination in order to facilitate use of American Express Card in various institutions and companies.</p> <p style="text-align:justify">Similarly, Deepak Joshi, CEO of Nepal Tourism Board said that the campaign will help to achieve the NTB's target of attracting 1 million tourists within 2018. Nepal Tourism Board will tie up with Nepali embassies in France, the UK and Japan to organise promotional programmes in respective countries, says a statement issued on Wednesday. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4675', 'image' => '20161201012050_experience nepal.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4844', 'article_category_id' => '1', 'title' => '"Economic Revolution Next"', 'sub_title' => '', 'summary' => 'December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19th anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."', 'content' => '<p style="text-align: justify;">December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19<sup>th</sup> anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."</p> <p style="text-align: justify;">"Investors should be optimistic as the economical indices of the country are positive," he said, adding, "It is better to be self-reliant by taking the subsidised loan from the government than to be dependent on others forever." Vice-President Pun also claimed that the government's program is not being successful due to the devastating earthquake and supply constraints which is also the reason for the low economic growth rate of the country."</p> <p style="text-align: justify;">Energy Minister Janardan Sharma opined that although the country has many possibilities, it could not move forward due to the economic agendas stuck on work procedure. Mentioning the energy as the first important source for economic development, he urged investors to increase their investment in energy sector. Similarly, Ramesh Lekhak, Minister for Physical Infrastructure and Transport recalling the various political revolutions of the country said "It is the time to conduct economic revolution."</p> <p style="text-align: justify;">In the program, Ramesh Kumar of Himal Khabar Patrika and Hari Adhikari of Radio Kantipur were honoured with SEJON award. Moreover, Udhav Thapa, Sunita Karki, Sagar Ghimire and Binay Banjara were provided SEJON Fellowships of Rs 50,000. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4674', 'image' => '20161201114729_nepal.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4843', 'article_category_id' => '1', 'title' => 'Govt to Withdraw Unspent Budget from Ministries', 'sub_title' => '', 'summary' => 'November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a circ', 'content' => '<p style="text-align:justify">November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a circular related to the issue to Finance Ministry and others ministries and bodies under the Finance Ministry. Apparently, the capital expenditure is far less than the current expenditure by the end of first quarter of the current FY. Besides having budget on time, the concerned bodies could not spend the capital expenditure as expected, thus the government is conceptualising to take back the given budget amount.</p> <p style="text-align:justify">In the circular, the government has directed the related bodies to increase the capital expenditure within the next three months or return the 100 per cent amount of stalled programs to the Finance Ministry. The direction come in the context when the capital expenditure of the government could not increase besides having favourable conditions unlike the previous year which was ruined by earthquake, blockade and floods and landslides. According to sources, the government took the step to end the condition where current expenditure goes on increasing but capital expenditure is minimal. Stakeholders of various sectors have also expressed concerns on least capital expenditure as it affects national developmental and construction program. Moreover, the government has also issued 9 points direction to control unproductive expenditure.</p> <p style="text-align:justify">The government has directed the bureaucrats to immediately approve the pended programs and authorities as it is normal in present bureaucracy to avoid decentralisation of authority, partial decentralisation and late approval of the programs. Moreover, the government also directed budget spending bodies to be accountable, regularly inspect the sub-bodies and solve the problems (if any) in order to increase the capital expenditure. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4673', 'image' => '20161130034742_Capital-expenditure-planning.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4842', 'article_category_id' => '1', 'title' => 'OPPO Wins Emerging Brand Award', 'sub_title' => '', 'summary' => 'November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.', 'content' => '<p style="text-align: justify;">November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.</p> <p style="text-align: justify;">OPPO is considered a handset brand that has seen phenomenal growth in the last year with the company becoming the largest smartphone brand in China in early November.</p> <p style="text-align: justify;">Will Yang, Brand Director of OPPO India said, “We are extremely happy to have been awarded the emerging brand award at the World Marketing Congress’ Global Brand excellence awards for 2016." "The great camera experience and high built-quality has enabled our brand to stand out in global markets, and this will continue to be one of our core focus in the coming future as well. We aim to be one of best premium mobile brands here in India and globally," he added.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4672', 'image' => '20161130034611_oppo.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4841', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branch at Surkhet', 'sub_title' => '', 'summary' => 'November 30: Janata Bank has started its 37th branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide ', 'content' => '<p style="text-align: justify;">November 30: Janata Bank has started its 37<sup>th</sup> branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide loans on a subsidised interest rate in agriculture, deprived loan and hydropower sector considering Surkhet, an entrance of Karnali district.</p> <p style="text-align: justify;">"The bank will continue expansion of its branch network so that to increase people's accessibility to the financial sector," said Kumar Lamsal, CEO of the bank. He informed of opening six more branches in Hetauda, Bardibas, Lahan and others within next two months. Presently, the bank is providing its services through 37 branches, 29 ATMs and 5 branchless banking services. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4671', 'image' => '20161130013511_janata.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4840', 'article_category_id' => '1', 'title' => 'Hyundai Launches Two New Excavators', 'sub_title' => '', 'summary' => 'November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali market.', 'content' => '<p style="text-align: justify;">November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali market.</p> <p style="text-align: justify;">The company brought excavators models R 340 LC-7 and R 390 LC-9 in the domestic market. The company said that the newly brought machines are perfect for mining. According to the company, various Hyundai excavator models including R220 LC-7, R215 LC-7, R140LC-9 and R80-7 are available in the Nepali market.</p> <p style="text-align: justify;">The company also organised customers' meet on the occasion. C Hquak, GM sales and marketing, Shrawan Agnihotri, Marketing Chief and Manish Meniratta, Service Regional Manager were present in the event. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4670', 'image' => '20161130123651_hyndai.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4839', 'article_category_id' => '1', 'title' => 'Royal Reserve Deluxe Whisky Launched', 'sub_title' => '', 'summary' => 'November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a commandin', 'content' => '<p style="text-align: justify;">November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a commanding rich aroma. "Royal Reserve Whisky is the ultimate way to celebrate success and the tagline for the brand is 'When Success Needs a Friend'," reads the statement. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4669', 'image' => '20161130114302_Royal Reserve New Logo (29 Nov 2016).jpg', 'article_date' => '2016-11-30 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' => '4853', 'article_category_id' => '1', 'title' => 'Global IME Bank rolls out EMV Chip Cards', 'sub_title' => '', 'summary' => 'December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consum', 'content' => '<p style="text-align: justify;">December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consumers to transact securely at ATM, POS Terminals and most importantly would contribute towards making the Nepali payment domain more secure.</p> <p style="text-align: justify;">According to the statement, EMV Cards will make card based transactions more secure which, in turn, will give a boost to the cashless transaction system in Nepal.</p> <p style="text-align: justify;">"The bank has always been extremely cautious on the security aspect of the electronic transactions. Earlier, it had introduced forceful PIN change system into the card system to give confidence to the card holders. Now with the EMV chip Cards, the bank is likely to enhance its “The Bank for All” image amongst the customers. The bank’s effort has always been to provide its customer a secure and safe electronic payment medium for their everyday purchases and transactions," reads the statement.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4683', 'image' => '20161202051417_global.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4852', 'article_category_id' => '1', 'title' => 'Prabhu Bank Starts branch at Accham', 'sub_title' => '', 'summary' => 'December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance project', 'content' => '<p style="text-align: justify;">December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance project. With the establishment of the branch, the bank believed that the local people of Achham will get easy financial services. </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4682', 'image' => '20161202011815_prabhu bank.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4851', 'article_category_id' => '1', 'title' => 'Skyworth Launches New Microwave Oven ', 'sub_title' => '', 'summary' => 'December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill convec', 'content' => '<p style="text-align:justify">December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill convection and stylish mirror glass finish, said the company in a press statement.</p> <p style="text-align:justify">According to the statement, the 900 watt power appliance is available at the introductory price of Rs 17,500. "It comes with an 5 years warranty on Magnetron, thereby delivering everything functionality to reliability and trust to the customers,' reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4681', 'image' => '20161202123305_skyworth.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4850', 'article_category_id' => '1', 'title' => 'Old Monk Rum Hits Nepali Market', 'sub_title' => '', 'summary' => 'December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and comes', 'content' => '<p style="text-align:justify">December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and comes in 3 pack sizes 750ml, 375ml & 180ml. The classic vintage design of the bottle further adds to the experience of drinking this fine very old vatted dark rum," reads the statement.</p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4680', 'image' => '20161202120302_Old Monk.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4849', 'article_category_id' => '1', 'title' => 'ADB Approves $186.80 million Loan to Improve Transport Connectivity in Nepal', 'sub_title' => '', 'summary' => ' December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity.', 'content' => '<p style="text-align: justify;"> December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity.</p> <p style="text-align: justify;">“This project supports the government’s plans to further develop Nepal’s infrastructure and connectivity within and outside the country,” Lee Ming Tai, Senior Transport Specialist at ADB’s South Asia Regional Department, said. “These road improvements will help 673,000 people in the Terai area have better access to schools, hospitals, jobs, as well as local and international markets.”</p> <p style="text-align: justify;">Roads carry about 90% of overall passenger and goods in the country. But the land-locked nation also has the lowest road density among South Asian countries with only 14 km of road per 100 square km and 0.90 km per 1,000 people. This poor connectivity increases transport costs, limits people’s access to jobs and social services, impedes trade with neighboring countries, and undermines the development of competitive industries in Nepal, including high-value agriculture, agro-processing and manufacturing, reads the press release issued by the bank on December 1.</p> <p style="text-align: justify;">According to Manila based multilateral financial institution, the project will upgrade a section of the strategic East-West highway including the main arterial road cutting across the entire width of the country in the southern Terai area and a key feeder road. These critical sections are the 115 km road network running from Narayanghat to Butwal, and the 45 km feeder road from Bhairahawa to Taulihawa.</p> <p style="text-align: justify;">The road improvements will also incorporate flood control and drainage designs in anticipation of more frequent and intense rainfalls in the area as a result of climate change. The project will contribute to ADB’s commitment to increase climate finance by approximately $66.5 million. The project roads are located in Nepal’s tropical climate zone which experiences heavy rainfall from June to September.</p> <p style="text-align: justify;">Road safety is a key element of the project as road traffic accidents in the country continue to rise due to an increase in vehicle numbers and poor road conditions. The new road sections will have service lanes to segregate slow-moving local traffic from fast-moving through traffic, pedestrian-friendly features like walkways on both sides of the roads in settlement areas, pedestrian crossings and road accident emergency response systems at critical locations.</p> <p style="text-align: justify;">The project will include a five-year performance-based maintenance clause in the contracts with the view of tapping the private sector for maintenance contracts in the future. In this regard, ADB is providing a separate technical assistance to the country’s Department of Roads, the project’s implementing agency, to modernize road asset management and support the implementation of performance-based maintenance contracts.</p> <p style="text-align: justify;">The total cost of the project is $256.50 million, with the government contributing $69.70 million. The estimated completion date is in early 2022.</p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4679', 'image' => '20161202115205_adb.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4848', 'article_category_id' => '1', 'title' => 'Simrik Unveils New Chopper', 'sub_title' => '', 'summary' => 'December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell Hel', 'content' => '<p style="text-align: justify;">December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell Helicopter of Textron Company USA. As per the statement, the helicopter landed at TIA at 5 in the evening after the conclusion of the agreement on purchase between Simrik Air and Bell Helicopter in Singapore. The helicopter arrived at Kathmandu via air routes of Singapore, Malaysia, Thailand, Myanmar and Bangladesh.</p> <p style="text-align: justify;">According to the press statement, the helicopter is a new version of Bell 407 GXP of Bell Helicopter. “It has fully intergraded glass flight deck with Garmin G1000H which helps in the continuous flow flight information for safety,” informs the company. “Designed for luxury travel, the Bubul windows of the helicopter are regarded as comfortable for photography. The chopper has four main rotor blade with 643 KW FADEC Rolls-Royce 250-C47B/8 turbine engine.”</p> <p style="text-align: justify;">Similarly, the six seated chopper can carry 1160kg cargo in a flight. The helicopter has standard fuel capacity of 483.8 liters which can cover flight range of 624km and can endure four hours with the Service Ceiling (pressure altitude) of 18,940 feets.</p> <p style="text-align: justify;">“With the aim to help in the promotion of internal tourism, we are operating two AS350 B3e, a AS350 B2 and a Bell 407 GXP helicopter. And within one month we are planning to make permanent station in Pokhara,” said the company. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4678', 'image' => '20161201043409_heli.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4847', 'article_category_id' => '1', 'title' => 'NMB Bank launches NMB Corporate Internet Banking System', 'sub_title' => '', 'summary' => 'December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction authoriz', 'content' => '<p style="text-align: justify;">December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction authorization and real time account information amongst others, said the bank in a press statement.</p> <p style="text-align: justify;">According to the statement, NMB CIBS offers ease of handling corporate accounts from anywhere in the globe along with the flexibility to keep track of their business even while away from it. "The enhanced security with permission layers and access levels defined for individual user makes it a safe system. This is part of our ongoing efforts to enhance our customer experience with the Bank” reads the statement.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4677', 'image' => '20161201035031_nmb.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4846', 'article_category_id' => '1', 'title' => 'Upper Tamakoshi breakthrough Nepal's First Road Tunnel', 'sub_title' => '', 'summary' => 'December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its ', 'content' => '<p style="text-align: justify;">December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its kind in Nepal. The breakthrough has eased the re-start of the works that were halted by destruction of entrance road in Kabrebhir area caused by the devastating earthquake of last year. </p> <p style="text-align: justify;">"The main civil constructor of the project 'Sino Hydro' has breakthrough 337 meters long tunnel with 32 meter diameters from Kabrebhir at 10 am," said Dr Ganesh Neupane, Spokesperson of Upper Tamakoshi Hydro Project. One of the auditors of the Sino Hydro informed of spending Rs 120 million in the construction of road tunnel. As per the employees related with the project, after the breakthrough, the project might generate electricity before its scheduled date. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4676', 'image' => '20161201021207_upper tamakoshi.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4845', 'article_category_id' => '1', 'title' => ''Experience Nepal' for Worldwide American Express Cardholders', 'sub_title' => '', 'summary' => 'December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such facility.', 'content' => '<p style="text-align:justify">December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such facility.</p> <p style="text-align:justify">Organising a press conference on November 30, NTB informed that the campaign will start on 2017 July 31 and last for nearly 1 year. Under the campaign, worldwide tourists, owning American Express Card, travelling Nepal will get such facilities. The tourists arriving under the campaign will get up to 25 per cent discount on other various services as well.</p> <p style="text-align:justify">Similarly, Himalayan Bank will be co-ordinating with 100 merchant so that to provide banking services to the cardholders during the campaign period. Himalayan Bank is one of the co-ordinator of the campaign as well as an initiator of issuing International Credit Card in Nepal targeting tourists.</p> <p style="text-align:justify">Ashok Samsher Jabara, CEO of Himalayan Bank said that the bank will co-ordinate with 100 merchants including hotels, trekking and travel agencies serving the tourists. He also informed that the bank has already selected nearly 100 merchants for co-ordination in order to facilitate use of American Express Card in various institutions and companies.</p> <p style="text-align:justify">Similarly, Deepak Joshi, CEO of Nepal Tourism Board said that the campaign will help to achieve the NTB's target of attracting 1 million tourists within 2018. Nepal Tourism Board will tie up with Nepali embassies in France, the UK and Japan to organise promotional programmes in respective countries, says a statement issued on Wednesday. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4675', 'image' => '20161201012050_experience nepal.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4844', 'article_category_id' => '1', 'title' => '"Economic Revolution Next"', 'sub_title' => '', 'summary' => 'December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19th anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."', 'content' => '<p style="text-align: justify;">December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19<sup>th</sup> anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."</p> <p style="text-align: justify;">"Investors should be optimistic as the economical indices of the country are positive," he said, adding, "It is better to be self-reliant by taking the subsidised loan from the government than to be dependent on others forever." Vice-President Pun also claimed that the government's program is not being successful due to the devastating earthquake and supply constraints which is also the reason for the low economic growth rate of the country."</p> <p style="text-align: justify;">Energy Minister Janardan Sharma opined that although the country has many possibilities, it could not move forward due to the economic agendas stuck on work procedure. Mentioning the energy as the first important source for economic development, he urged investors to increase their investment in energy sector. Similarly, Ramesh Lekhak, Minister for Physical Infrastructure and Transport recalling the various political revolutions of the country said "It is the time to conduct economic revolution."</p> <p style="text-align: justify;">In the program, Ramesh Kumar of Himal Khabar Patrika and Hari Adhikari of Radio Kantipur were honoured with SEJON award. Moreover, Udhav Thapa, Sunita Karki, Sagar Ghimire and Binay Banjara were provided SEJON Fellowships of Rs 50,000. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4674', 'image' => '20161201114729_nepal.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4843', 'article_category_id' => '1', 'title' => 'Govt to Withdraw Unspent Budget from Ministries', 'sub_title' => '', 'summary' => 'November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a circ', 'content' => '<p style="text-align:justify">November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a circular related to the issue to Finance Ministry and others ministries and bodies under the Finance Ministry. Apparently, the capital expenditure is far less than the current expenditure by the end of first quarter of the current FY. Besides having budget on time, the concerned bodies could not spend the capital expenditure as expected, thus the government is conceptualising to take back the given budget amount.</p> <p style="text-align:justify">In the circular, the government has directed the related bodies to increase the capital expenditure within the next three months or return the 100 per cent amount of stalled programs to the Finance Ministry. The direction come in the context when the capital expenditure of the government could not increase besides having favourable conditions unlike the previous year which was ruined by earthquake, blockade and floods and landslides. According to sources, the government took the step to end the condition where current expenditure goes on increasing but capital expenditure is minimal. Stakeholders of various sectors have also expressed concerns on least capital expenditure as it affects national developmental and construction program. Moreover, the government has also issued 9 points direction to control unproductive expenditure.</p> <p style="text-align:justify">The government has directed the bureaucrats to immediately approve the pended programs and authorities as it is normal in present bureaucracy to avoid decentralisation of authority, partial decentralisation and late approval of the programs. Moreover, the government also directed budget spending bodies to be accountable, regularly inspect the sub-bodies and solve the problems (if any) in order to increase the capital expenditure. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4673', 'image' => '20161130034742_Capital-expenditure-planning.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4842', 'article_category_id' => '1', 'title' => 'OPPO Wins Emerging Brand Award', 'sub_title' => '', 'summary' => 'November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.', 'content' => '<p style="text-align: justify;">November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.</p> <p style="text-align: justify;">OPPO is considered a handset brand that has seen phenomenal growth in the last year with the company becoming the largest smartphone brand in China in early November.</p> <p style="text-align: justify;">Will Yang, Brand Director of OPPO India said, “We are extremely happy to have been awarded the emerging brand award at the World Marketing Congress’ Global Brand excellence awards for 2016." "The great camera experience and high built-quality has enabled our brand to stand out in global markets, and this will continue to be one of our core focus in the coming future as well. We aim to be one of best premium mobile brands here in India and globally," he added.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4672', 'image' => '20161130034611_oppo.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4841', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branch at Surkhet', 'sub_title' => '', 'summary' => 'November 30: Janata Bank has started its 37th branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide ', 'content' => '<p style="text-align: justify;">November 30: Janata Bank has started its 37<sup>th</sup> branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide loans on a subsidised interest rate in agriculture, deprived loan and hydropower sector considering Surkhet, an entrance of Karnali district.</p> <p style="text-align: justify;">"The bank will continue expansion of its branch network so that to increase people's accessibility to the financial sector," said Kumar Lamsal, CEO of the bank. He informed of opening six more branches in Hetauda, Bardibas, Lahan and others within next two months. Presently, the bank is providing its services through 37 branches, 29 ATMs and 5 branchless banking services. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4671', 'image' => '20161130013511_janata.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4840', 'article_category_id' => '1', 'title' => 'Hyundai Launches Two New Excavators', 'sub_title' => '', 'summary' => 'November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali market.', 'content' => '<p style="text-align: justify;">November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali market.</p> <p style="text-align: justify;">The company brought excavators models R 340 LC-7 and R 390 LC-9 in the domestic market. The company said that the newly brought machines are perfect for mining. According to the company, various Hyundai excavator models including R220 LC-7, R215 LC-7, R140LC-9 and R80-7 are available in the Nepali market.</p> <p style="text-align: justify;">The company also organised customers' meet on the occasion. C Hquak, GM sales and marketing, Shrawan Agnihotri, Marketing Chief and Manish Meniratta, Service Regional Manager were present in the event. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4670', 'image' => '20161130123651_hyndai.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4839', 'article_category_id' => '1', 'title' => 'Royal Reserve Deluxe Whisky Launched', 'sub_title' => '', 'summary' => 'November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a commandin', 'content' => '<p style="text-align: justify;">November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a commanding rich aroma. "Royal Reserve Whisky is the ultimate way to celebrate success and the tagline for the brand is 'When Success Needs a Friend'," reads the statement. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4669', 'image' => '20161130114302_Royal Reserve New Logo (29 Nov 2016).jpg', 'article_date' => '2016-11-30 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' => '4853', 'article_category_id' => '1', 'title' => 'Global IME Bank rolls out EMV Chip Cards', 'sub_title' => '', 'summary' => 'December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consum', 'content' => '<p style="text-align: justify;">December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consumers to transact securely at ATM, POS Terminals and most importantly would contribute towards making the Nepali payment domain more secure.</p> <p style="text-align: justify;">According to the statement, EMV Cards will make card based transactions more secure which, in turn, will give a boost to the cashless transaction system in Nepal.</p> <p style="text-align: justify;">"The bank has always been extremely cautious on the security aspect of the electronic transactions. Earlier, it had introduced forceful PIN change system into the card system to give confidence to the card holders. Now with the EMV chip Cards, the bank is likely to enhance its “The Bank for All” image amongst the customers. The bank’s effort has always been to provide its customer a secure and safe electronic payment medium for their everyday purchases and transactions," reads the statement.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4683', 'image' => '20161202051417_global.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4852', 'article_category_id' => '1', 'title' => 'Prabhu Bank Starts branch at Accham', 'sub_title' => '', 'summary' => 'December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance project', 'content' => '<p style="text-align: justify;">December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance project. With the establishment of the branch, the bank believed that the local people of Achham will get easy financial services. </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4682', 'image' => '20161202011815_prabhu bank.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4851', 'article_category_id' => '1', 'title' => 'Skyworth Launches New Microwave Oven ', 'sub_title' => '', 'summary' => 'December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill convec', 'content' => '<p style="text-align:justify">December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill convection and stylish mirror glass finish, said the company in a press statement.</p> <p style="text-align:justify">According to the statement, the 900 watt power appliance is available at the introductory price of Rs 17,500. "It comes with an 5 years warranty on Magnetron, thereby delivering everything functionality to reliability and trust to the customers,' reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4681', 'image' => '20161202123305_skyworth.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4850', 'article_category_id' => '1', 'title' => 'Old Monk Rum Hits Nepali Market', 'sub_title' => '', 'summary' => 'December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and comes', 'content' => '<p style="text-align:justify">December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and comes in 3 pack sizes 750ml, 375ml & 180ml. The classic vintage design of the bottle further adds to the experience of drinking this fine very old vatted dark rum," reads the statement.</p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4680', 'image' => '20161202120302_Old Monk.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4849', 'article_category_id' => '1', 'title' => 'ADB Approves $186.80 million Loan to Improve Transport Connectivity in Nepal', 'sub_title' => '', 'summary' => ' December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity.', 'content' => '<p style="text-align: justify;"> December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity.</p> <p style="text-align: justify;">“This project supports the government’s plans to further develop Nepal’s infrastructure and connectivity within and outside the country,” Lee Ming Tai, Senior Transport Specialist at ADB’s South Asia Regional Department, said. “These road improvements will help 673,000 people in the Terai area have better access to schools, hospitals, jobs, as well as local and international markets.”</p> <p style="text-align: justify;">Roads carry about 90% of overall passenger and goods in the country. But the land-locked nation also has the lowest road density among South Asian countries with only 14 km of road per 100 square km and 0.90 km per 1,000 people. This poor connectivity increases transport costs, limits people’s access to jobs and social services, impedes trade with neighboring countries, and undermines the development of competitive industries in Nepal, including high-value agriculture, agro-processing and manufacturing, reads the press release issued by the bank on December 1.</p> <p style="text-align: justify;">According to Manila based multilateral financial institution, the project will upgrade a section of the strategic East-West highway including the main arterial road cutting across the entire width of the country in the southern Terai area and a key feeder road. These critical sections are the 115 km road network running from Narayanghat to Butwal, and the 45 km feeder road from Bhairahawa to Taulihawa.</p> <p style="text-align: justify;">The road improvements will also incorporate flood control and drainage designs in anticipation of more frequent and intense rainfalls in the area as a result of climate change. The project will contribute to ADB’s commitment to increase climate finance by approximately $66.5 million. The project roads are located in Nepal’s tropical climate zone which experiences heavy rainfall from June to September.</p> <p style="text-align: justify;">Road safety is a key element of the project as road traffic accidents in the country continue to rise due to an increase in vehicle numbers and poor road conditions. The new road sections will have service lanes to segregate slow-moving local traffic from fast-moving through traffic, pedestrian-friendly features like walkways on both sides of the roads in settlement areas, pedestrian crossings and road accident emergency response systems at critical locations.</p> <p style="text-align: justify;">The project will include a five-year performance-based maintenance clause in the contracts with the view of tapping the private sector for maintenance contracts in the future. In this regard, ADB is providing a separate technical assistance to the country’s Department of Roads, the project’s implementing agency, to modernize road asset management and support the implementation of performance-based maintenance contracts.</p> <p style="text-align: justify;">The total cost of the project is $256.50 million, with the government contributing $69.70 million. The estimated completion date is in early 2022.</p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4679', 'image' => '20161202115205_adb.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4848', 'article_category_id' => '1', 'title' => 'Simrik Unveils New Chopper', 'sub_title' => '', 'summary' => 'December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell Hel', 'content' => '<p style="text-align: justify;">December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell Helicopter of Textron Company USA. As per the statement, the helicopter landed at TIA at 5 in the evening after the conclusion of the agreement on purchase between Simrik Air and Bell Helicopter in Singapore. The helicopter arrived at Kathmandu via air routes of Singapore, Malaysia, Thailand, Myanmar and Bangladesh.</p> <p style="text-align: justify;">According to the press statement, the helicopter is a new version of Bell 407 GXP of Bell Helicopter. “It has fully intergraded glass flight deck with Garmin G1000H which helps in the continuous flow flight information for safety,” informs the company. “Designed for luxury travel, the Bubul windows of the helicopter are regarded as comfortable for photography. The chopper has four main rotor blade with 643 KW FADEC Rolls-Royce 250-C47B/8 turbine engine.”</p> <p style="text-align: justify;">Similarly, the six seated chopper can carry 1160kg cargo in a flight. The helicopter has standard fuel capacity of 483.8 liters which can cover flight range of 624km and can endure four hours with the Service Ceiling (pressure altitude) of 18,940 feets.</p> <p style="text-align: justify;">“With the aim to help in the promotion of internal tourism, we are operating two AS350 B3e, a AS350 B2 and a Bell 407 GXP helicopter. And within one month we are planning to make permanent station in Pokhara,” said the company. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4678', 'image' => '20161201043409_heli.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4847', 'article_category_id' => '1', 'title' => 'NMB Bank launches NMB Corporate Internet Banking System', 'sub_title' => '', 'summary' => 'December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction authoriz', 'content' => '<p style="text-align: justify;">December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction authorization and real time account information amongst others, said the bank in a press statement.</p> <p style="text-align: justify;">According to the statement, NMB CIBS offers ease of handling corporate accounts from anywhere in the globe along with the flexibility to keep track of their business even while away from it. "The enhanced security with permission layers and access levels defined for individual user makes it a safe system. This is part of our ongoing efforts to enhance our customer experience with the Bank” reads the statement.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4677', 'image' => '20161201035031_nmb.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4846', 'article_category_id' => '1', 'title' => 'Upper Tamakoshi breakthrough Nepal's First Road Tunnel', 'sub_title' => '', 'summary' => 'December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its ', 'content' => '<p style="text-align: justify;">December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its kind in Nepal. The breakthrough has eased the re-start of the works that were halted by destruction of entrance road in Kabrebhir area caused by the devastating earthquake of last year. </p> <p style="text-align: justify;">"The main civil constructor of the project 'Sino Hydro' has breakthrough 337 meters long tunnel with 32 meter diameters from Kabrebhir at 10 am," said Dr Ganesh Neupane, Spokesperson of Upper Tamakoshi Hydro Project. One of the auditors of the Sino Hydro informed of spending Rs 120 million in the construction of road tunnel. As per the employees related with the project, after the breakthrough, the project might generate electricity before its scheduled date. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4676', 'image' => '20161201021207_upper tamakoshi.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4845', 'article_category_id' => '1', 'title' => ''Experience Nepal' for Worldwide American Express Cardholders', 'sub_title' => '', 'summary' => 'December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such facility.', 'content' => '<p style="text-align:justify">December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such facility.</p> <p style="text-align:justify">Organising a press conference on November 30, NTB informed that the campaign will start on 2017 July 31 and last for nearly 1 year. Under the campaign, worldwide tourists, owning American Express Card, travelling Nepal will get such facilities. The tourists arriving under the campaign will get up to 25 per cent discount on other various services as well.</p> <p style="text-align:justify">Similarly, Himalayan Bank will be co-ordinating with 100 merchant so that to provide banking services to the cardholders during the campaign period. Himalayan Bank is one of the co-ordinator of the campaign as well as an initiator of issuing International Credit Card in Nepal targeting tourists.</p> <p style="text-align:justify">Ashok Samsher Jabara, CEO of Himalayan Bank said that the bank will co-ordinate with 100 merchants including hotels, trekking and travel agencies serving the tourists. He also informed that the bank has already selected nearly 100 merchants for co-ordination in order to facilitate use of American Express Card in various institutions and companies.</p> <p style="text-align:justify">Similarly, Deepak Joshi, CEO of Nepal Tourism Board said that the campaign will help to achieve the NTB's target of attracting 1 million tourists within 2018. Nepal Tourism Board will tie up with Nepali embassies in France, the UK and Japan to organise promotional programmes in respective countries, says a statement issued on Wednesday. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4675', 'image' => '20161201012050_experience nepal.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4844', 'article_category_id' => '1', 'title' => '"Economic Revolution Next"', 'sub_title' => '', 'summary' => 'December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19th anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."', 'content' => '<p style="text-align: justify;">December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19<sup>th</sup> anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."</p> <p style="text-align: justify;">"Investors should be optimistic as the economical indices of the country are positive," he said, adding, "It is better to be self-reliant by taking the subsidised loan from the government than to be dependent on others forever." Vice-President Pun also claimed that the government's program is not being successful due to the devastating earthquake and supply constraints which is also the reason for the low economic growth rate of the country."</p> <p style="text-align: justify;">Energy Minister Janardan Sharma opined that although the country has many possibilities, it could not move forward due to the economic agendas stuck on work procedure. Mentioning the energy as the first important source for economic development, he urged investors to increase their investment in energy sector. Similarly, Ramesh Lekhak, Minister for Physical Infrastructure and Transport recalling the various political revolutions of the country said "It is the time to conduct economic revolution."</p> <p style="text-align: justify;">In the program, Ramesh Kumar of Himal Khabar Patrika and Hari Adhikari of Radio Kantipur were honoured with SEJON award. Moreover, Udhav Thapa, Sunita Karki, Sagar Ghimire and Binay Banjara were provided SEJON Fellowships of Rs 50,000. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4674', 'image' => '20161201114729_nepal.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4843', 'article_category_id' => '1', 'title' => 'Govt to Withdraw Unspent Budget from Ministries', 'sub_title' => '', 'summary' => 'November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a circ', 'content' => '<p style="text-align:justify">November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a circular related to the issue to Finance Ministry and others ministries and bodies under the Finance Ministry. Apparently, the capital expenditure is far less than the current expenditure by the end of first quarter of the current FY. Besides having budget on time, the concerned bodies could not spend the capital expenditure as expected, thus the government is conceptualising to take back the given budget amount.</p> <p style="text-align:justify">In the circular, the government has directed the related bodies to increase the capital expenditure within the next three months or return the 100 per cent amount of stalled programs to the Finance Ministry. The direction come in the context when the capital expenditure of the government could not increase besides having favourable conditions unlike the previous year which was ruined by earthquake, blockade and floods and landslides. According to sources, the government took the step to end the condition where current expenditure goes on increasing but capital expenditure is minimal. Stakeholders of various sectors have also expressed concerns on least capital expenditure as it affects national developmental and construction program. Moreover, the government has also issued 9 points direction to control unproductive expenditure.</p> <p style="text-align:justify">The government has directed the bureaucrats to immediately approve the pended programs and authorities as it is normal in present bureaucracy to avoid decentralisation of authority, partial decentralisation and late approval of the programs. Moreover, the government also directed budget spending bodies to be accountable, regularly inspect the sub-bodies and solve the problems (if any) in order to increase the capital expenditure. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4673', 'image' => '20161130034742_Capital-expenditure-planning.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4842', 'article_category_id' => '1', 'title' => 'OPPO Wins Emerging Brand Award', 'sub_title' => '', 'summary' => 'November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.', 'content' => '<p style="text-align: justify;">November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.</p> <p style="text-align: justify;">OPPO is considered a handset brand that has seen phenomenal growth in the last year with the company becoming the largest smartphone brand in China in early November.</p> <p style="text-align: justify;">Will Yang, Brand Director of OPPO India said, “We are extremely happy to have been awarded the emerging brand award at the World Marketing Congress’ Global Brand excellence awards for 2016." "The great camera experience and high built-quality has enabled our brand to stand out in global markets, and this will continue to be one of our core focus in the coming future as well. We aim to be one of best premium mobile brands here in India and globally," he added.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4672', 'image' => '20161130034611_oppo.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4841', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branch at Surkhet', 'sub_title' => '', 'summary' => 'November 30: Janata Bank has started its 37th branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide ', 'content' => '<p style="text-align: justify;">November 30: Janata Bank has started its 37<sup>th</sup> branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide loans on a subsidised interest rate in agriculture, deprived loan and hydropower sector considering Surkhet, an entrance of Karnali district.</p> <p style="text-align: justify;">"The bank will continue expansion of its branch network so that to increase people's accessibility to the financial sector," said Kumar Lamsal, CEO of the bank. He informed of opening six more branches in Hetauda, Bardibas, Lahan and others within next two months. Presently, the bank is providing its services through 37 branches, 29 ATMs and 5 branchless banking services. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4671', 'image' => '20161130013511_janata.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4840', 'article_category_id' => '1', 'title' => 'Hyundai Launches Two New Excavators', 'sub_title' => '', 'summary' => 'November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali market.', 'content' => '<p style="text-align: justify;">November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali market.</p> <p style="text-align: justify;">The company brought excavators models R 340 LC-7 and R 390 LC-9 in the domestic market. The company said that the newly brought machines are perfect for mining. According to the company, various Hyundai excavator models including R220 LC-7, R215 LC-7, R140LC-9 and R80-7 are available in the Nepali market.</p> <p style="text-align: justify;">The company also organised customers' meet on the occasion. C Hquak, GM sales and marketing, Shrawan Agnihotri, Marketing Chief and Manish Meniratta, Service Regional Manager were present in the event. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4670', 'image' => '20161130123651_hyndai.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4839', 'article_category_id' => '1', 'title' => 'Royal Reserve Deluxe Whisky Launched', 'sub_title' => '', 'summary' => 'November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a commandin', 'content' => '<p style="text-align: justify;">November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a commanding rich aroma. "Royal Reserve Whisky is the ultimate way to celebrate success and the tagline for the brand is 'When Success Needs a Friend'," reads the statement. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4669', 'image' => '20161130114302_Royal Reserve New Logo (29 Nov 2016).jpg', 'article_date' => '2016-11-30 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' => '4853', 'article_category_id' => '1', 'title' => 'Global IME Bank rolls out EMV Chip Cards', 'sub_title' => '', 'summary' => 'December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consum', 'content' => '<p style="text-align: justify;">December 2: Global IME Bank has become the 100% EMV Cards Complaint Bank to issue different types of domestic and international cards as ‘Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions’. Issuing a press statement, the bank informed that the latest offering will allow consumers to transact securely at ATM, POS Terminals and most importantly would contribute towards making the Nepali payment domain more secure.</p> <p style="text-align: justify;">According to the statement, EMV Cards will make card based transactions more secure which, in turn, will give a boost to the cashless transaction system in Nepal.</p> <p style="text-align: justify;">"The bank has always been extremely cautious on the security aspect of the electronic transactions. Earlier, it had introduced forceful PIN change system into the card system to give confidence to the card holders. Now with the EMV chip Cards, the bank is likely to enhance its “The Bank for All” image amongst the customers. The bank’s effort has always been to provide its customer a secure and safe electronic payment medium for their everyday purchases and transactions," reads the statement.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4683', 'image' => '20161202051417_global.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4852', 'article_category_id' => '1', 'title' => 'Prabhu Bank Starts branch at Accham', 'sub_title' => '', 'summary' => 'December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance project', 'content' => '<p style="text-align: justify;">December 2: Prabhu Bank has started a branch at Kamal Bazaar Municipality Achham. Bishrut Thapa, Management Head of NRB, Dhangadi Branch inaugurated the branch amid a function on December 1. The bank, issuing a press statement, informed of operating the branch under the co-ordination of UKAid's Sakchyam Access to Finance project. With the establishment of the branch, the bank believed that the local people of Achham will get easy financial services. </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4682', 'image' => '20161202011815_prabhu bank.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4851', 'article_category_id' => '1', 'title' => 'Skyworth Launches New Microwave Oven ', 'sub_title' => '', 'summary' => 'December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill convec', 'content' => '<p style="text-align:justify">December 2: Smart Appliances, the authorized distributors of Skyworth Electronics and one of the leading organizations of Nepal, has launched their new product "Skyworth Microwave Oven" in the Nepali market. The company's latest offering comes in the capacity of 30 liters and serves the customers exciting features such as full grill convection and stylish mirror glass finish, said the company in a press statement.</p> <p style="text-align:justify">According to the statement, the 900 watt power appliance is available at the introductory price of Rs 17,500. "It comes with an 5 years warranty on Magnetron, thereby delivering everything functionality to reliability and trust to the customers,' reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4681', 'image' => '20161202123305_skyworth.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4850', 'article_category_id' => '1', 'title' => 'Old Monk Rum Hits Nepali Market', 'sub_title' => '', 'summary' => 'December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and comes', 'content' => '<p style="text-align:justify">December 2: Old Monk Rum one of the most iconic rum brands of the world has hit the Nepali market. Issuing a press statement, the company informed that the Old Monk Dark Rum contains blends which are matured for over 7 Years at a historical old distillery which dates back to 1855. "The rum is blended and bottled in Nepal at Premier Organics, a leading distillery in Nepal and comes in 3 pack sizes 750ml, 375ml & 180ml. The classic vintage design of the bottle further adds to the experience of drinking this fine very old vatted dark rum," reads the statement.</p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4680', 'image' => '20161202120302_Old Monk.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4849', 'article_category_id' => '1', 'title' => 'ADB Approves $186.80 million Loan to Improve Transport Connectivity in Nepal', 'sub_title' => '', 'summary' => ' December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity.', 'content' => '<p style="text-align: justify;"> December 2: The Asian Development Bank (ADB) has approved a USD186.80 million loan to upgrade 160 kilometers (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity.</p> <p style="text-align: justify;">“This project supports the government’s plans to further develop Nepal’s infrastructure and connectivity within and outside the country,” Lee Ming Tai, Senior Transport Specialist at ADB’s South Asia Regional Department, said. “These road improvements will help 673,000 people in the Terai area have better access to schools, hospitals, jobs, as well as local and international markets.”</p> <p style="text-align: justify;">Roads carry about 90% of overall passenger and goods in the country. But the land-locked nation also has the lowest road density among South Asian countries with only 14 km of road per 100 square km and 0.90 km per 1,000 people. This poor connectivity increases transport costs, limits people’s access to jobs and social services, impedes trade with neighboring countries, and undermines the development of competitive industries in Nepal, including high-value agriculture, agro-processing and manufacturing, reads the press release issued by the bank on December 1.</p> <p style="text-align: justify;">According to Manila based multilateral financial institution, the project will upgrade a section of the strategic East-West highway including the main arterial road cutting across the entire width of the country in the southern Terai area and a key feeder road. These critical sections are the 115 km road network running from Narayanghat to Butwal, and the 45 km feeder road from Bhairahawa to Taulihawa.</p> <p style="text-align: justify;">The road improvements will also incorporate flood control and drainage designs in anticipation of more frequent and intense rainfalls in the area as a result of climate change. The project will contribute to ADB’s commitment to increase climate finance by approximately $66.5 million. The project roads are located in Nepal’s tropical climate zone which experiences heavy rainfall from June to September.</p> <p style="text-align: justify;">Road safety is a key element of the project as road traffic accidents in the country continue to rise due to an increase in vehicle numbers and poor road conditions. The new road sections will have service lanes to segregate slow-moving local traffic from fast-moving through traffic, pedestrian-friendly features like walkways on both sides of the roads in settlement areas, pedestrian crossings and road accident emergency response systems at critical locations.</p> <p style="text-align: justify;">The project will include a five-year performance-based maintenance clause in the contracts with the view of tapping the private sector for maintenance contracts in the future. In this regard, ADB is providing a separate technical assistance to the country’s Department of Roads, the project’s implementing agency, to modernize road asset management and support the implementation of performance-based maintenance contracts.</p> <p style="text-align: justify;">The total cost of the project is $256.50 million, with the government contributing $69.70 million. The estimated completion date is in early 2022.</p> ', 'published' => true, 'created' => '2016-12-02', 'modified' => '2016-12-02', 'keywords' => '', 'description' => '', 'sortorder' => '4679', 'image' => '20161202115205_adb.jpg', 'article_date' => '2016-12-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4848', 'article_category_id' => '1', 'title' => 'Simrik Unveils New Chopper', 'sub_title' => '', 'summary' => 'December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell Hel', 'content' => '<p style="text-align: justify;">December 1: Simrik Air has added a new Bell 407 GXP in its chopper list. Landed at the Tribhuvan International Airport (TIA) on November 29, the helicopter was formally inaugurated on November 30 amid a program at the airport. Issuing a press statement, the company said that the helicopter is manufactured in Canada by Bell Helicopter of Textron Company USA. As per the statement, the helicopter landed at TIA at 5 in the evening after the conclusion of the agreement on purchase between Simrik Air and Bell Helicopter in Singapore. The helicopter arrived at Kathmandu via air routes of Singapore, Malaysia, Thailand, Myanmar and Bangladesh.</p> <p style="text-align: justify;">According to the press statement, the helicopter is a new version of Bell 407 GXP of Bell Helicopter. “It has fully intergraded glass flight deck with Garmin G1000H which helps in the continuous flow flight information for safety,” informs the company. “Designed for luxury travel, the Bubul windows of the helicopter are regarded as comfortable for photography. The chopper has four main rotor blade with 643 KW FADEC Rolls-Royce 250-C47B/8 turbine engine.”</p> <p style="text-align: justify;">Similarly, the six seated chopper can carry 1160kg cargo in a flight. The helicopter has standard fuel capacity of 483.8 liters which can cover flight range of 624km and can endure four hours with the Service Ceiling (pressure altitude) of 18,940 feets.</p> <p style="text-align: justify;">“With the aim to help in the promotion of internal tourism, we are operating two AS350 B3e, a AS350 B2 and a Bell 407 GXP helicopter. And within one month we are planning to make permanent station in Pokhara,” said the company. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4678', 'image' => '20161201043409_heli.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4847', 'article_category_id' => '1', 'title' => 'NMB Bank launches NMB Corporate Internet Banking System', 'sub_title' => '', 'summary' => 'December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction authoriz', 'content' => '<p style="text-align: justify;">December 1: NMB Bank has announced the launch of its new product NMB Corporate Internet Banking System (CIBS). Issuing a press statement, the bank informed that the product features state of the art security features with two factor authentication for all transactions, complex signature matrix for multi level transaction authorization and real time account information amongst others, said the bank in a press statement.</p> <p style="text-align: justify;">According to the statement, NMB CIBS offers ease of handling corporate accounts from anywhere in the globe along with the flexibility to keep track of their business even while away from it. "The enhanced security with permission layers and access levels defined for individual user makes it a safe system. This is part of our ongoing efforts to enhance our customer experience with the Bank” reads the statement.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4677', 'image' => '20161201035031_nmb.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4846', 'article_category_id' => '1', 'title' => 'Upper Tamakoshi breakthrough Nepal's First Road Tunnel', 'sub_title' => '', 'summary' => 'December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its ', 'content' => '<p style="text-align: justify;">December 1: Sino Hydro has breakthrough the road tunnel of Upper Tamakoshi Hydro Project providing easy accessibility to the dam of the construction site. The construction of road tunnel that started on last August concluded on November 30. As per the Department of Road, Upper Tamakoshi constructed road tunnel is the first of its kind in Nepal. The breakthrough has eased the re-start of the works that were halted by destruction of entrance road in Kabrebhir area caused by the devastating earthquake of last year. </p> <p style="text-align: justify;">"The main civil constructor of the project 'Sino Hydro' has breakthrough 337 meters long tunnel with 32 meter diameters from Kabrebhir at 10 am," said Dr Ganesh Neupane, Spokesperson of Upper Tamakoshi Hydro Project. One of the auditors of the Sino Hydro informed of spending Rs 120 million in the construction of road tunnel. As per the employees related with the project, after the breakthrough, the project might generate electricity before its scheduled date. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4676', 'image' => '20161201021207_upper tamakoshi.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4845', 'article_category_id' => '1', 'title' => ''Experience Nepal' for Worldwide American Express Cardholders', 'sub_title' => '', 'summary' => 'December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such facility.', 'content' => '<p style="text-align:justify">December 1: Tourists with American Express Card will not be requiring cash while travelling Nepal. The tourists arriving Nepal under the 'Experience Nepal' campaign launched by Nepal Tourism Board (NTB) in co-ordination with Himalayan Bank and American Express Banking Corporation, India in a bid to promote tourism of Nepal, will be getting such facility.</p> <p style="text-align:justify">Organising a press conference on November 30, NTB informed that the campaign will start on 2017 July 31 and last for nearly 1 year. Under the campaign, worldwide tourists, owning American Express Card, travelling Nepal will get such facilities. The tourists arriving under the campaign will get up to 25 per cent discount on other various services as well.</p> <p style="text-align:justify">Similarly, Himalayan Bank will be co-ordinating with 100 merchant so that to provide banking services to the cardholders during the campaign period. Himalayan Bank is one of the co-ordinator of the campaign as well as an initiator of issuing International Credit Card in Nepal targeting tourists.</p> <p style="text-align:justify">Ashok Samsher Jabara, CEO of Himalayan Bank said that the bank will co-ordinate with 100 merchants including hotels, trekking and travel agencies serving the tourists. He also informed that the bank has already selected nearly 100 merchants for co-ordination in order to facilitate use of American Express Card in various institutions and companies.</p> <p style="text-align:justify">Similarly, Deepak Joshi, CEO of Nepal Tourism Board said that the campaign will help to achieve the NTB's target of attracting 1 million tourists within 2018. Nepal Tourism Board will tie up with Nepali embassies in France, the UK and Japan to organise promotional programmes in respective countries, says a statement issued on Wednesday. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4675', 'image' => '20161201012050_experience nepal.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4844', 'article_category_id' => '1', 'title' => '"Economic Revolution Next"', 'sub_title' => '', 'summary' => 'December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19th anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."', 'content' => '<p style="text-align: justify;">December 1: Vice-President Nanda Bahadur Pun has requested the Nepali citizens to utilise the agricultural loans provided by the government on productive tasks. He was speaking at a program organised by Society of Economic Journalists-Nepal (SEJON) to mark its 19<sup>th</sup> anniversary. He said "Nepal imported vegetables worth of Rs 8 billion and rice worth of Rs 23 billion last year. It is quite a shaming condition for Nepal being an agricultural economy."</p> <p style="text-align: justify;">"Investors should be optimistic as the economical indices of the country are positive," he said, adding, "It is better to be self-reliant by taking the subsidised loan from the government than to be dependent on others forever." Vice-President Pun also claimed that the government's program is not being successful due to the devastating earthquake and supply constraints which is also the reason for the low economic growth rate of the country."</p> <p style="text-align: justify;">Energy Minister Janardan Sharma opined that although the country has many possibilities, it could not move forward due to the economic agendas stuck on work procedure. Mentioning the energy as the first important source for economic development, he urged investors to increase their investment in energy sector. Similarly, Ramesh Lekhak, Minister for Physical Infrastructure and Transport recalling the various political revolutions of the country said "It is the time to conduct economic revolution."</p> <p style="text-align: justify;">In the program, Ramesh Kumar of Himal Khabar Patrika and Hari Adhikari of Radio Kantipur were honoured with SEJON award. Moreover, Udhav Thapa, Sunita Karki, Sagar Ghimire and Binay Banjara were provided SEJON Fellowships of Rs 50,000. </p> ', 'published' => true, 'created' => '2016-12-01', 'modified' => '2016-12-01', 'keywords' => '', 'description' => '', 'sortorder' => '4674', 'image' => '20161201114729_nepal.jpg', 'article_date' => '2016-12-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4843', 'article_category_id' => '1', 'title' => 'Govt to Withdraw Unspent Budget from Ministries', 'sub_title' => '', 'summary' => 'November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a circ', 'content' => '<p style="text-align:justify">November 30: On the background of stalled capital expenditure till the end of the first quarter of the current FY, the government has warned of withdrawing the budgets of delayed programs and projects under various ministries. Frustrated by the figure of merely 4.76 per cent capital expenditure during the period contrary to the expectation, the government gave such warning to the various ministries. The government has already sent a circular related to the issue to Finance Ministry and others ministries and bodies under the Finance Ministry. Apparently, the capital expenditure is far less than the current expenditure by the end of first quarter of the current FY. Besides having budget on time, the concerned bodies could not spend the capital expenditure as expected, thus the government is conceptualising to take back the given budget amount.</p> <p style="text-align:justify">In the circular, the government has directed the related bodies to increase the capital expenditure within the next three months or return the 100 per cent amount of stalled programs to the Finance Ministry. The direction come in the context when the capital expenditure of the government could not increase besides having favourable conditions unlike the previous year which was ruined by earthquake, blockade and floods and landslides. According to sources, the government took the step to end the condition where current expenditure goes on increasing but capital expenditure is minimal. Stakeholders of various sectors have also expressed concerns on least capital expenditure as it affects national developmental and construction program. Moreover, the government has also issued 9 points direction to control unproductive expenditure.</p> <p style="text-align:justify">The government has directed the bureaucrats to immediately approve the pended programs and authorities as it is normal in present bureaucracy to avoid decentralisation of authority, partial decentralisation and late approval of the programs. Moreover, the government also directed budget spending bodies to be accountable, regularly inspect the sub-bodies and solve the problems (if any) in order to increase the capital expenditure. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4673', 'image' => '20161130034742_Capital-expenditure-planning.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4842', 'article_category_id' => '1', 'title' => 'OPPO Wins Emerging Brand Award', 'sub_title' => '', 'summary' => 'November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.', 'content' => '<p style="text-align: justify;">November 28, - Chinese smart phone brand OPPO has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand was awarded for its association with successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.</p> <p style="text-align: justify;">OPPO is considered a handset brand that has seen phenomenal growth in the last year with the company becoming the largest smartphone brand in China in early November.</p> <p style="text-align: justify;">Will Yang, Brand Director of OPPO India said, “We are extremely happy to have been awarded the emerging brand award at the World Marketing Congress’ Global Brand excellence awards for 2016." "The great camera experience and high built-quality has enabled our brand to stand out in global markets, and this will continue to be one of our core focus in the coming future as well. We aim to be one of best premium mobile brands here in India and globally," he added.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4672', 'image' => '20161130034611_oppo.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4841', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branch at Surkhet', 'sub_title' => '', 'summary' => 'November 30: Janata Bank has started its 37th branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide ', 'content' => '<p style="text-align: justify;">November 30: Janata Bank has started its 37<sup>th</sup> branch in Surkhet. Uday Nepali Shrestha, MP and Chairman of BOD of the bank inaugurated the branch amid a program on November 29. "The bank, as a shield, is driving the people towards economic revolution," said Shrestha. He said the bank will provide loans on a subsidised interest rate in agriculture, deprived loan and hydropower sector considering Surkhet, an entrance of Karnali district.</p> <p style="text-align: justify;">"The bank will continue expansion of its branch network so that to increase people's accessibility to the financial sector," said Kumar Lamsal, CEO of the bank. He informed of opening six more branches in Hetauda, Bardibas, Lahan and others within next two months. Presently, the bank is providing its services through 37 branches, 29 ATMs and 5 branchless banking services. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4671', 'image' => '20161130013511_janata.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4840', 'article_category_id' => '1', 'title' => 'Hyundai Launches Two New Excavators', 'sub_title' => '', 'summary' => 'November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali market.', 'content' => '<p style="text-align: justify;">November 30: Hyundai Construction Equipment India in coordination with Dealership Partner Construction Solution has launched two new excavators in the Nepali market.</p> <p style="text-align: justify;">The company brought excavators models R 340 LC-7 and R 390 LC-9 in the domestic market. The company said that the newly brought machines are perfect for mining. According to the company, various Hyundai excavator models including R220 LC-7, R215 LC-7, R140LC-9 and R80-7 are available in the Nepali market.</p> <p style="text-align: justify;">The company also organised customers' meet on the occasion. C Hquak, GM sales and marketing, Shrawan Agnihotri, Marketing Chief and Manish Meniratta, Service Regional Manager were present in the event. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4670', 'image' => '20161130123651_hyndai.jpg', 'article_date' => '2016-11-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4839', 'article_category_id' => '1', 'title' => 'Royal Reserve Deluxe Whisky Launched', 'sub_title' => '', 'summary' => 'November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a commandin', 'content' => '<p style="text-align: justify;">November 30: Premier Organics has launched Royal Reserve Deluxe Whisky in the Nepali Market. Issuing a press statement, the company informed that the Royal Reserve is an exceptional blend of scotch malts and grain spirits, a Deluxe whisky, with complex flavors, a glorious golden hue and a commanding rich aroma. "Royal Reserve Whisky is the ultimate way to celebrate success and the tagline for the brand is 'When Success Needs a Friend'," reads the statement. </p> ', 'published' => true, 'created' => '2016-11-30', 'modified' => '2016-11-30', 'keywords' => '', 'description' => '', 'sortorder' => '4669', 'image' => '20161130114302_Royal Reserve New Logo (29 Nov 2016).jpg', 'article_date' => '2016-11-30 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
