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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' => '846', 'article_category_id' => '34', 'title' => 'MAW 's Happy Win Year Offer', 'sub_title' => '', 'summary' => null, 'content' => '<p> <span style="font-family: arial, sans-serif; font-size: small; line-height: 16px;"><img align="left" alt="Morang Auto Works" height="248" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/maw_scheme.jpg" style="margin:0 10px 0 0;" width="220" />Morang Auto Works (</span>MAW), the sole distributor of Yamaha motorbikes, has launched a new campaign named “Happy Win Year” on the occasion of New Year 2013. According to the company, this offer is all about winning as it offers huge cash discounts on various ranges of Yamaha motorcycles like YBR110, YBR125, SS125, SZR, FZS, Enticer and LYM110. The cash discount is up to Rs 13,000 on cash or finance for each purchase.</p> <p> </p> <p> </p> <p> </p> <p> </p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Morang Auto Works (MAW), the sole distributor of Yamaha motorbikes, has launched a new campaign named “Happy Win Year” on the occasion of New Year 2013.', 'sortorder' => '731', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '835', 'article_category_id' => '34', 'title' => 'Ncell To Introduce Recharge Through Kiosks', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="left" alt="Ncell Recharge" height="413" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/ncell_recharge(1).jpg" style="text-align: justify; margin: 0px 10px 10px 0px;" width="230" /></p> <p style="text-align: justify;"> Ncell is going to introduce a new facility that will enable its customers to recharge balances through kiosk machines. According to the company, Ncell customers can top-up their balance themselves by inserting bank notes of Rs 20 denomination or above in the inlet of kiosks. </p> <p style="text-align: justify;"> “The customers can recharge whatever amount they are comfortable with, starting from Rs 20, by inserting appropriate bank notes,” reads the official press statement.</p> <p style="text-align: justify;"> Ncell plans to install the facility first in the Kathmandu Valley, and expand it outside later. The company plans to install 40 kiosks in different parts of the valley in the initial phase.“Recharge Kiosks will be the first facility of its kind in Nepal. They will ease and empower the customers greatly. Hence, we feel glad for being able to serve the customers in a new way,” said Sanju Koirala, Corporate Communication Director at Ncell.</p> <p style="text-align: justify;"> According to the company, once the new facility is introduced, the customers will not need to rely on recharge cards alone to top up the balance. It will also assure that the customers get full recharge for the money they pay at maximum retail price (MRP).To recharge via kiosks, Ncell customers would first need to choose the language (‘Nepali’ or ‘English’), then select Ncell (the service provider’s name) displayed on the screen and enter the 10-digit mobile number they wish to recharge.</p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Ncell is going to introduce a new facility that will enable its customers to recharge balances through kiosk machines.', 'sortorder' => '721', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '834', 'article_category_id' => '34', 'title' => 'Samsung Mobile Expo Concludes', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="" alt="Samsung Mobile Expo" height="308" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/samsung_mobileExpo.jpg" style="margin:0 0 10px 10px;" width="500" /></p> <p style="text-align: justify;"> Samsung Mobile Expo 2013 concluded on January 29 registering a turnover of Rs 100 million during the weeklong exhibition held at Civil Mall, Sudhara. According to the organisers, some 230,000 visitors attended the expo. </p> <p style="text-align: justify;"> More than 25 mobile companies participated in the expo showcasing their products in over 62 stalls. According to Purushottam Basnet, President of Mobile Traders Association of Nepal – the organiser- the expo themed ‘Sanchar nai sansar’ was successful, because of the overwhelming response from the visitors. </p> <p style="text-align: justify;"> The expo marked the presence of brands such as Samsung, Nokia, Carbon, LG, Spice, Colors, and Sony, among others. The expo was a perfect destination to see and understand the latest technologies in the mobile phone industry and purchase gadgets like smartphones and tablets. Exhibitors also offered attractive offers, including discounts, on the purchases. Various attractive gift hampers were also given away as the door prize for the visitors. </p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-03-15', 'keywords' => '', 'description' => 'Samsung Mobile Expo 2013 concluded on January 29 registering a turnover of Rs 100 million during the weeklong exhibition held at Civil Mall, Sudhara.', 'sortorder' => '720', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '833', 'article_category_id' => '34', 'title' => 'Tourist Arrivals Decline After 3.5 Years', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> Tourist arrivals for January witnessed a sharp slump compared to the same month of 2012. According to the figures released by the Immigration Office, Tribhuvan International Airport (TIA), the tourist arrivals reached 35,330 with a 15.9 per cent decline in January this year compared to the same month last year.</p> <p style="text-align: justify;"> According to the official press statement issued by Nepal Tourism Board (NTB), major source markets have recorded negative growths in tourist arrivals in the first month of 2013. “In the SAARC region, only Pakistan has recorded a positive growth of 5.8 per cent. India which constitutes the major market of Nepal, has recorded a negative growth of 26.1 per cent. Arrivals from Bangladesh and Sri Lanka have also registered negative a growth by 62.6 per cent and 42.6 per cent respectively,” reads the statement.</p> <p style="text-align: justify;"> Tourist arrivals from other Asian countries have also registered a negative growth of 16.4 per cent on average. According to NTB, tourist arrivals from China have decreased by a whopping 40.3 per cent whereas the arrivals from Japan, Singapore, Thailand, Malaysia and South Korea have increased by 16.8, 10.3, 4.3, 42.6 and 11.2 per cent respectively.</p> <p style="text-align: justify;"> An overall negative growth of 15 per cent has been observed from the European market while tourist arrivals from Australia, New Zealand and the USA have registered growths of 27.3, 25, and 13 per cent respectively. A negative growth of 27.4 per cent has been recorded from Canada in January 2013 compared to January 2012, says the press release.</p> <p style="text-align: justify;"> A total of 45,667 foreign tourists departed from TIA in January 2013. The number of Nepali arrivals stood at 69,442 while 91,281 Nepalis departed from TIA in January 2013.</p> <div style="text-align: justify;"> </div>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Major source markets have recorded negative growths in tourist arrivals in the first month of 2013. India which constitutes the major market of Nepal, has recorded a negative growth of 26.1 per cent.', 'sortorder' => '719', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '801', 'article_category_id' => '34', 'title' => 'Simrik Air’s Fleet Expansion Plan', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="120" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/simrikAir.jpg" style="margin:0 10px 10px 0;padding:5px;" width="227" />The private airline company, Simrik Air has announced to expand its fleet of choppers to six within two years. “We want to develop our company as a ‘rescue hub’ worldwide,” said Capt Rameshwor Thapa, Executive Chairman of Simrik Air. The company is set to sell the two existing BK-117 helicopters and bring in new six-seat small helicopters. “We have been providing the best chopper services to the major tourism destinations and it makes us the first proud airline, outside the West, to boast such helicopters in the fleet,” Thapa said. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The private airline company, Simrik Air has announced to expand its fleet of choppers to six within two years. “We want to develop our company as a ‘rescue hub’ worldwide,” said Capt Rameshwor Thapa, Executive Chairman of Simrik Air.', 'sortorder' => '688', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '800', 'article_category_id' => '34', 'title' => 'Namaste To Fly Domestic Sky In 3 Months', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p style="text-align: justify;"> Namaste Air, a newly licensed domestic airline, is making preparations to start flying on the domestic routes within three months. The company received the Air Operator’s Certificate (AOC) towards the end of 2012. AOC is the go-ahead document from the Civil Aviation Authority of Nepal (CAAN).</p> <p style="text-align: justify;"> According to Raju KC (Khatri), Executive Chairman of the company, internal preparations are underway to start flights at the earliest. “Currently we are doing the groundwork to commence flights with two 78-seater ATR-72,” he said.</p> <p style="text-align: justify;"> Namaste Air is also speeding up its internal infrastructure development and training pilots and co-pilots. According to KC, the company is collaborating with an American company named Pentagon Capital to bring two ATR aircraft at the first stage. He said his company has received CAAN’s permission to bring the craft and has already sent US $ 60,000 to the supplier of the craft a month ago. </p> <p style="text-align: justify;"> KC also claimed that the company is to import airplanes of the latest model that no Nepali Airline possesses so far. According to him, the model is 2007 and the craft has flown for just about 5 years. Initially, two airplanes will be imported and then after 2-3 months other two 42-seater ATR-42 will be purchased. </p> <p style="text-align: justify;"> Namaste Air has said that it will bring the airplanes on lease but plans to acquire the full ownership soon. </p> <p style="text-align: justify;"> The company has permission to operate flights to eight trunk routes of Nepal—Pokhara, Biratnagar, Chandragadhi, Nepalgunj, Kathmandu, Tumlingtar and Dhangadhi from its base in Bhairahawa. “We will compete with the airlines that are currently operating in Nepal,” said KC. According to the existing rules, a company seeking to start an airline service has to have a paid-up capital of Rs150 million and furnish a bank guarantee worth Rs 200,000. Namaste Air will have a challenge to compete with major airlines such as Buddha Air and Yeti Air that have been flying on the trunk routes. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The company is to import airplanes of the latest model that no Nepali Airline possesses so far. Initially, two airplanes will be imported and then after 2-3 months other two 42-seater ATR-42 will be purchased', 'sortorder' => '687', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '799', 'article_category_id' => '34', 'title' => 'Int’l Airlines Can Now Operate 14 More Flights A Week', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p style="text-align: justify;"> The Ministry of Tourism and Civil Aviation (MoTCA) has allowed 14 more international flights a week to each of the international airlines currently providing their service in Nepal. According to Suresh Acharya, Under Secretary at MoTCA, although they were bound by the Air Service Agreement (ASA) in case of seat capacity, they were not allowed to increase flight numbers. He said “This type of permission is temporary and is valid until the review of the ASA.” International airlines serving in Nepal will be able to add more flights from 1st January 2013. Previously, more flight permission was given during Lumbini Visit Year 2012 and Nepal Tourism Year 2011. The 2012-permission to 10-more-flights-a-week expired on 31st December 2012. </p> <p style="text-align: justify;"> The permission has been given to ease the international airlines operational in Nepal for New Year 2013. The airlines of 16 countries that are providing their service in Nepal at present will benefit from this decision. MoTCA had given additional flight permissions in 2007 and 2008 as well. Though 32 airlines from 16 countries have received the permission to operate international flights to and from Nepal, only 29 are in service at present. Airlines from countries like the UAE, China, Pakistan, Australia, Bhutan, Saudi Arabia, UK, Russia, Japan etc will benefit from the permission. </p> <div> </div>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'International airlines serving in Nepal will be able to add more flights from 1st January 2013. Previously, more flight permission was given during Lumbini Visit Year 2012 and Nepal Tourism Year 2011.', 'sortorder' => '686', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '798', 'article_category_id' => '34', 'title' => 'Surya Nepal Announced Entrepreneurship Award 2012', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> Surya Nepal Pvt Ltd awarded the Asha Social Entrepreneurship Award (SNASEA) to 12 Nepali entrepreneurs who created value for the ‘People, Planet and Profit’ on December 18, 2012. It awarded five industrialists; Shanti Shakya Dolma of Kakani Himalayan Natural Dyes, Chiranjeevi Poudel of Seeing Hands Clinic, Dr Bishal Dhakal of Health at Home Private Limited (HHPL), Prachanda Shakya of Nepal Traditional Handicraft Training Centre and Jasmaya Pun of Hampaal Allo Tatha Kapada Bunai Udhyog in the ‘Hidden Heroes’ category. These five winners will each get a package which includes cash prize from Surya Nepal Private Limited along with the opportunity of networking through ChangeFusion Nepal. Similarly in the ‘Agents of Change’ category, it awarded Govinda Ghimire of Alternative Herbal Pvt Ltd, Tara Baskota Adhikari of Shangri-La Agro World and Som Prasad Gauchan of Everest Tea Estate Pvt Ltd. Likewise, SNASEA 2012’s additional recognition - ‘NBI Agent of Change’ awarded to Himalayan Naturals Pvt Ltd, Lotus Holdings Pvt Ltd, Women Support Saving and Credit Cooperative Society Ltd and Brihat Investments Pvt Ltd for businesses that support startups, assist enterprise development and promote the culture of entrepreneurship in Nepal. According to Surya Nepal, All the winners were selected after an intense process of evaluation amongst 84 applicants.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Surya Nepal Pvt Ltd awarded the Asha Social Entrepreneurship Award (SNASEA) to 12 Nepali entrepreneurs who created value for the ‘People, Planet and Profit’ on December 18, 2012. It awarded five industrialists; Shanti Shakya Dolma of Kakani Himalayan Natural Dyes, Chiranjeevi Poudel of Seeing Hands Clinic, Dr Bishal Dhakal of Health at Home Private Limited (HHPL), Prachanda Shakya of Nepal Traditional Handicraft Training Centre and Jasmaya Pun of Hampaal Allo Tatha Kapada Bunai Udhyog in the ‘Hidden Heroes’ category.', 'sortorder' => '685', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '797', 'article_category_id' => '34', 'title' => 'EBL Appoints Sadichha Shrestha As Brand Ambassador', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="215" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/everestBank.jpg" style="margin:0 10px 10px 0; padding:5px;" width="250" /></p> <p style="text-align: justify;"> Everest Bank Ltd (EBL) has appointed Miss Nepal 2010 Sadichha Shrestha as the Brand Ambassador to promote its brand, products and services. The bank has also launched a new deposit product called ‘Sadichha Deposit’ targeting young people. Parents, too, can open the account in the name of their children. According to EBL, this is the recurring type of deposit in which the children are given 0.50 per cent additional interest than the normal published rate. Besides, for every account, the bank will be providing Rs 5 in order to create a fund for the helpless and needy. Every year on EBL’s annual day function, the fund will be donated to orphanages, schools, child activists etc.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Everest Bank Ltd (EBL) has appointed Miss Nepal 2010 Sadichha Shrestha as the Brand Ambassador to promote its brand, products and services. The bank has also launched a new deposit product called ‘Sadichha Deposit’ targeting young people.', 'sortorder' => '684', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '796', 'article_category_id' => '34', 'title' => 'Chinese Investors Meet FNCCI Team', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> A visiting business delegation of Chinese investors has shown interest to invest in Nepal. In a meeting with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the visiting delegation held talks on bilateral trade relationship and on possible Chinese investment in sectors such as tourism, infrastructure development, hydropower, minerals and agriculture. FNCCI’s Senior Vice-President Bhaskar Raj Rajkarnikar led the FNCCI team while the Vice-President of China Council for Promotion of International Trade (CCPIT), Gaungdong Luo Bingzhi, led the Chinese delegation in the meeting. The meeting further discussed the possibilities and ways to lower Nepal’s trade deficit with China. FNCCI decided to utilize the customs duty waiver given by the Chinese government on various 4,721 Nepali goods. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'A visiting business delegation of Chinese investors has shown interest to invest in Nepal. In a meeting with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the visiting delegation held talks on bilateral trade relationship and on possible Chinese investment in sectors such as tourism, infrastructure development, hydropower, minerals and agriculture.', 'sortorder' => '683', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '795', 'article_category_id' => '34', 'title' => 'Yamaha’s Facebook Campaign', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="97" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/yamahaOffer.jpg" style="margin:0 10px 10px 0; padding:5px; border:none;" width="121" />Yamaha Nepal has launched ‘Yamaha Like My Style’—a Facebook campaign to promote its bikes and establish an effective communcation channel with its customers. At the launching program, Managing Director of MAW Enterprises, Vishnu K Agarwal, said the campaign has been launched as Facebook is the most effective medium to promote products these days. “We hope our Facebook page will be an effective way to communicate with our customers, to provide information about the products of Yamaha and also to get fast feedback from them. Further, it will help to provide safety tips and help to create awareness on safe riding,” said Agarwal.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Yamaha Nepal has launched ‘Yamaha Like My Style’—a Facebook campaign to promote its bikes and establish an effective communcation channel with its customers.', 'sortorder' => '682', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '794', 'article_category_id' => '34', 'title' => 'KK Super Mart To Open 15 Stores By 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <span style="text-align: justify;">KK Super Mart Nepal, a chain of local convenience stores, is planning to open 15 stores by 2013. It targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati lately. KK Super Mart Nepal operates 365 days a year and 16 hours a day with the vision to “Serve U with a smile.” The super market offers over 3,500 high quality products at the most competitive prices. They offer products ranging from every-day grocery goods to personal care, toiletries, household products, over-the-counter medicines, beverages, liquor, recharge cards, pet food, among others.</span></p> <p style="text-align: justify;"> It has got the technical assistance from KK Super Mart Malaysia, the flagship business for KK Group of companies which owns and runs 125 outlets in Malaysia. It was established in 2001. According to the company, Nepal has been chosen as the first overseas destination due to the emerging economy in Nepal. KK Super Mart Nepal was officially inaugurated by Mayor of Putrajaya Tan Sri Dato Seri, Dr. Aseh Bin Che Mat, Founder of KK Super Mart Dato’ Dr. Douglas KK Chai, President of Malaysia-Nepal Business Council Dato Pardip Kumar Kukreja, President of Nepal-Malaysia Business Council Mr. Suhrid Ghimire, and Managing Director of Yeti Airlines Mr. Ang Tshiring Sherpa. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'KK Super Mart Nepal, a chain of local convenience stores, is planning to open 15 stores by 2013. It targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati lately.', 'sortorder' => '681', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '765', 'article_category_id' => '34', 'title' => 'Public Sector November 2012', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> 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<w:LsdException Locked="false" Priority="37" Name="Bibliography"/> <w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/> </w:LatentStyles> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"><img alt="german ambassador" border="1" height="261" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/german.jpg" vspace="10" width="344" /><br /> <strong>German Ambassador Frank Meyke with Vice President of Nepal Paramananda Jha at the reception held to celebrate the Day of German Unity.</strong></span></span></p> <p> </p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A14"><span style="line-height: 115%; font-family: "Calibri","sans-serif";"><br /> <br /> <img alt="wto" border="1" height="104" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/WTO.jpg" vspace="10" width="135" /><br /> </span></span></span></strong></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">WTO Assistance on Herb Exports</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The World Trade Organization (WTO) is providing financial assistance to the government to ease the exports of Nepali medicinal herbs to the international market. "The Enhanced Integrated Framework (EIF) of WTO has assured us assistance for the international marketing of herbs," informed Toya Narayan Gyawali, Joint Secretary at the Ministry of Commerce and Supply (MoCS). Nepal Trade Integration Strategy (NTIS) 2010 is gearing to submit a proposal to the EIF in order to get its assistance for improvement of forward and backward linkages. The financial aid received from EIF will be utilised for enhancement of international market prospects, to increase the capacity of farmers and entrepreneurs, and for designing of products and packaging. After ginger and pashmina, the Nepali medicinal herb is the third product to seek EIF assistance to prosper linkages. The ministry is looking for EIF assistance to propel Nepali medicinal herbs and the Government of Nepal has already received Rs 110 million from EIF to enhance production and processing of ginger, Gyawali said. According to the statistics of Trade and Export Promotion Centre (TEPC), Nepal exported medicinal herbs worth Rs 710 million in fiscal year 2010/11. Nepali medicinal herbs have found a few lucrative destinations for the exports in USA, France, Germany, Vietnam, Singapore, Japan, Italy, Russia, Belgium and South Korea.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Foreign Investors Upbeat about Hydropower Sector</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) have informed that investors from Korea, Philippines and Taiwan have shown interest to invest in the hydropower sector. "The recently concluded three-day regional conference of Asia- Pacific Chambers of Commerce and Industry (CACCI) provided a platform to know about the foreign investors' interest in Nepal's hydropower sector,” said Gyanendra Lal Pradhan, Chairperson of Energy Committee at FNCCI. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">President Dr Ram Baran Yadav had inaugurated the conference and acknowledged the private sector's role in strengthening the country´s economy. He further made an appeal to all the business leaders to invest in Nepal. "The conference is fruitful not just for Nepal but also for the entire region," said Suraj Vaidya, President of the FNCCI. At the conference, Benedict V Yujuico, an investor from Philippines and the President of CACCI, said he is investing US$ 5 million in Nepal´s hydropower sector. His investment would be in Upper Mai Hydroelectric Project (9.98 MW), which is being developed by High Himalaya Hydro Company. Top–notch businessmen of the region, who gathered in Kathmandu for the 26th conference of CACCI, admitted there were structural problems in Nepal´s hydropower sector. “There are security risks at the project sites in Nepal. The volatile political situation is always a big threat for us to work,” said Dilip Singh, General Manager of Himal Hydropower Company, during a panel discussion.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">At the conference, Benedict V Yujuico, an investor from Philippines and the President of CACCI, said he is investing US$ 5 million in Nepal´s hydropower sector.</span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%; font-family: "Calibri","sans-serif";"> </span></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Four Hydro Projects’ PDA to be Signed</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Investment Board (IB) is all set to sign Project Development Agreement (PDA) with four hydropower projects. According to a release from the Board, a meeting held between the Board and project promoters concentrated on the legal provisions of the agreement. Earlier, the Board had handed over the draft of the agreement over to the project promoters. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The promoters, who have been demanding the Board for the PDA for some time now, expressed their individual views on the shortcomings of the draft in the meeting. The project promoters said that the indecisiveness of the government is impeding the projects. "The interruption in the PDA has delayed the construction of the project by one and a half years," said one of the promoters. He further said that the tender process for constructing road to the project site has also been interrupted due to the delay in PDA. The Board is preparing to sign PDA with Tamakoshi III (650 MW), Upper Karnali (900 MW), Upper Marsyangdi (600 MW) and Arun -III (900 MW) hydro projects. The government took more than two years to prepare the draft of the PDA. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The signing of the PDA will facilitate the production of 3,000 MW electricity from four big projects put forth by the board. The government has prepared the draft after foreign investors expressed their insecurities over their investment. The investors have grown insecure owing to the frequent changes in laws and policies regarding hydropower. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The government had taken the cabinet decision in April 2010 regarding the preparation of the PDA draft of the projects and appointed Harvard Smith, a British law consultant for the purpose. The PDA model incorporates the provisions for free energy, incentives for the state, facilities to be provided by the state, and security among various other aspects.</span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></strong></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Cabinet Shuffles Secretaries</span></span></span></strong></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The government has promoted some joint secretaries and transferred secretaries at various ministries and government offices through a cabinet meeting held on October 18.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"> </span><img alt="cabinet" border="1" height="370" 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mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Non-life Insurance Companies Register 11 Per Cent Profit</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">In the last fiscal year 2011/12, the non-life insurance companies have earned 11 per cent net profit out of the total insurance premium collected. "Out of total Rs 6.73 billion insurance premium earned, non-life insurance companies made a profit of Rs 728.6 million. It is a good profit and companies who have managed their managerial cost well have made encouraging profit,” said Binod Aryal, Executive Director of the Insurance Board (IB).</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">In the last fiscal year, Sagarmatha Insurance (SI) made the highest profit among non-life insurance companies. SI made a profit of more than 20 per cent of its total insurance premium collected. The company earned Rs 641.9 million out of which its profit amounted to Rs 131.7 million.</span></p> <p> <span style="font-size:10.0pt; mso-bidi-font-family:"Myriad Pro";color:#221E1F">Bharat Basnyat, CEO of the company said the managerial cost of the company is less than nine per cent of the total insurance premium collected and that enabled the company to make high profit. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">According to the IB, the profit of non-life insurance companies has been increasing since the last two years. In fiscal year 2010/11, these companies’ profit increased by 16 per cent compared to the previous fiscal year. Likewise, in fiscal year 2011/12, the profit increased by 33 per cent compared to the fiscal year 2010/11.</span></p> <p class="MsoNormal"> <span class="A1"><span style="font-size:11.5pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">In fiscal year 2011/12, the profit of non-life insurance companies increased by 33 per cent compared to the fiscal year 2010/11.</span></span></p> <p class="MsoNormal"> <span class="A1"><span style="font-size:11.5pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro""> <br /> <br /> <img alt="JCB" border="1" height="170" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/JCB.jpg" vspace="10" width="309" /><br /> </span></span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">JCB Operator Meet in Dhangadhi</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">M.A.W. Enterprises Pvt Ltd JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Dhangadhi on 3 October. “The main objective behind this event is to educate and update operators about proactive maintenance,” said the Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners as well.” </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Operators were educated and made aware about operating machine safely and in a trouble-free manner so that they can increase the life of their machines. They were also educated about taking care of their machines in order to minimize the unforeseen breakdowns arising in the future. Benefits of using genuine parts against spurious parts were also shared with the operators.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <br /> <img alt="hasyayatra" border="1" height="169" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/hasyayatra.jpg" vspace="10" width="133" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">IME Haasya Yatra</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">IME's direct marketing campaign "IME Haasya Yatra...Byroad ko Batoma" organized in association with Global IME Bank in promotion of Indo- Nepal remittance service continued in western Nepal in the month of October as well. The Roadshow with popular comedians Deepak Raj Giri and Deepa Shree Niraula showcased their performances in Salyan on October 1st, Tulsipur on October 2nd, Surkhet on October 3rd, Nepalgunj and Gularia on October 4th, Dhangadi on October 6th, Dadeldhura and Baitadi on October 7th, Mangalsen on October 8th, Sandikharka and Tamghas on October 11th, Tansen on October 12th, Syangja on October 13th, Baglung on October 14th and finally in Damauli on October 15th.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">JMT and Norvic Host World Heart Day 2012 Programme</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">Jayanti Memorial Trust (JMT) and Norvic International Hospital hosted a World Heart Day 2012 programme on 29 September. JMT has been actively contributing to the nation’s social service sector from the past decade by sponsoring treatment for less fortunate cardiac patients, raising public awareness on cardio and cardiac diseases, conducting free heart camps for the screening of any possible prevalent cardio or cardiac diseases and Continuing Medical Education (CME) for the national cardiologists with the support from International experts. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Apart from counseling and providing guidance to less fortunate cardiac patients at Gangalal National Heart Centre and Manamohan Cardio Thoracic Centre through its social service room, JMT has also collaborated with various organization and institution such as Banks, Hotels, Hospitals, Alumni etc in building awareness regarding various forms of cardio and cardiac diseases, through screensavers, awareness posters and radio jingles. JMT has been conducting programs on the occasion of the World Heart Day with Norvic International Hospital in the past as well.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="seeingisbelieving" border="1" height="107" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/worldsightday.jpg" vspace="10" width="198" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Standard Chartered Celebrates World Sight Day</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">mark World Sight Day 2012, Standard Chartered Bank Nepal Limited organised various initiatives aimed at building awareness among the people. World Sight Day is celebrated annually on the second Thursday of October to raise awareness of visual impairment. The Bank is also in the process of entering into agreements with Tilganga Institute of Ophthalmology (TIO) and other Eye Hospitals to sponsor cataract surgeries targeting underprivileged and economically backward people of Nepal. </span></p> <p class="Pa18" style="text-indent:14.0pt"> <span style="font-size:10.0pt; mso-bidi-font-family:"Myriad Pro";color:#221E1F">Earlier, with a view to reinforce the Seeing is Believing agenda in Nepal, Standard Chartered Group had extended a financial assistance of US$ 1.1 million for construction of Biratnagar Eye Hospital in Biratnagar under the Eastern Region Eye Care Programme. SCB Nepal, in the year 2011, signed an agreement with TIO to sponsor 1,000 cataract surgeries between 2011/12. SCB Nepal has so far been instrumental in restoration of sights of over 6,000 poor and underprivileged people since the launch of the campaign in year 2003. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">‘Seeing is Believing’ is a global initiative to help tackle avoidable blindness, and is a collaboration between Standard Chartered and the International Agency for Prevention of Blindness (IAPB). To date, Seeing is Believing has raised over US$ 50 million for blindness initiatives and plans to raise a further US$ 50 million by 2020. Seeing is Believing is the single largest contributor to the development of Vision 2020 programmes through IAPB. As part of the Seeing is Believing programme, Standard Chartered pledges to match all donations until the target of US$ 100 million is reached.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="yamaha" border="1" height="71" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/yamaha(1).jpg" vspace="10" width="324" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Yamaha Safe Riding Science</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Yamaha organized ‘Yamaha Safe Riding Science (YSRS)’ at Kings College, Babarmahal on Oct 1. More than 60 students participated in the workshop. The objective of the one-day program was to increase road safety awareness for bike riders through theoretical and practical sessions by trained YSRS instructors. Students were informed about causes of accidents, precautions to take while riding, proper riding posture and other similar issues.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="standard chartered" border="1" height="178" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/standardcharteredbank.jpg" vspace="10" width="271" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Standard Chartered Bank Awards Scholarships</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">In line with the Bank’s focus on youth and education, Standard Chartered Bank Nepal found an good opportunity through VISCOSS – Nepal (Village School-College Students Scholarship Project – Nepal), to reach the village schools and be able to support the deserving students of Shree Mahendra Shanti High School, Balkot, Bhaktapur. The Bank has been providing scholarship to 15 deserving students of this school since 2002 and it awarded the scholarships to meritorious students for academic year 2068/69. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Diwakar Poudel, Head of Corporate Affairs of the Bank, gave away the scholarships at a function organized at the school. Dipak Kafle, the District Education Officer, was also present on the occasion and gave away other various prizes to students during the function. Speaking on the occasion, Poudel congratulated the recipients of the scholarships and encouraged them to grow up to be responsible citizens of the country. He also assured the school to provide other feasible support in the coming year. The Bank earlier had provided the school with 20 units of computers for facilitating computer education to the students. The Principal of the school thanked the Bank and VISCOSS Nepal for the support being provided to the school and the children.</span></p>', 'published' => true, 'created' => '2012-12-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'In the last fiscal year 2011/12, the non-life insurance companies have earned 11 per cent net profit out of the total insurance premium collected. "Out of total Rs 6.73 billion insurance premium earned, non-life insurance companies made a profit of Rs 728.6 million. 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style="line-height: 115%;">Corporate</span></span></strong></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;"><img alt="qatar" border="1" height="81" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/qatar(7).jpg" vspace="10" width="284" /><br /> Qatar Airways Introduces New Payment Options</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Qatar Airways announced the introduction of an enhanced booking feature where customers can pay for reservations made on www.qatarairways.com at any Qatar Airways local office. </span></span></p> <p> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The new solution offers greater flexibility to passengers who can now create bookings online and pay for these bookings in cash at a local Qatar Airways reservations and ticketing office. The payment must be completed within 24 hours of creating the booking on www.qatarairways.com. Once payment for the booking is made, passengers can then check-in online and also select their preferred seat and meals. Passengers who prefer to pay with credit cards can still complete their travel arrangements online.<br /> <br /> Qatar Airways Chief Executive Officer Akbar Al Baker said that the new feature was introduced to give passengers more payment choices. “Our passengers want to be able to book online 24/7 and instantly access our latest offers. So, this solution is both user friendly and gives passengers greater flexibility.” </span> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Doha-based Qatar Airways recently launched its new-look, customer-focused, interactive website, designed for a complete user-friendly experience. The website ensures seamless, easy and quick navigation through various pages, making booking with Qatar Airways effortless. Clicking on the interactive route map, passengers can easily choose their next travel destination and directly proceed to booking. In addition to getting updated on their current flight status, passengers can select additional services with various hotel and car partners and even book a holiday package.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <br /> <img alt="anichyoing" border="1" height="138" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/anichyong(1).jpg" vspace="10" width="268" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;">Ani Choying Drolma and Shristi Shrestha Brand Ambassadors of BB Airways</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);"><span style="line-height: 115%;"> </span>BB Airways brought beauty and Buddha together signing Miss Nepal 2012 Shristi Shrestha, and singer and philanthropist Ani Choying Drolma as its brand ambassadors. “Drolma is an icon of Buddhism in modern Nepal and Shrestha represents the beauty of Nepal,” said Shishir Bhatta, the Managing Director of BB Airways. He added, “It goes with our motto of combining spiritualism with modernity.” </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">BB Airways is promoted by Non-resident Nepali entrepreneur Bhaban Bhatta who owns numerous businesses in Japan and Nepal. He is the treasurer of the International Coordination Council of Non-Resident Nepali Association and has been Japan chairman of the association.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><br /> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <br /> </span></strong></span></p> <p class="Pa8"> <span style="font-size:14px;"><strong><span class="A12">Oktoberfest at Radisson </span></strong></span></p> <p class="Pa8"> <span style="font-size:14px;"><br /> </span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Radisson Hotel hosted Oktoberfest at its newest outlet, The Terrace Garden, on Fridays and October 12 and 13. The celebration included festive specialty buffet from German cuisine for Rs 1,299 plus taxes per person including free flow of Carlsberg beer from 6pm to 10pm. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">“Oktoberfest at Radisson is for tourists to make them feel at home during the festive season and to promote our newly opened outlet The Terrace Garden which has a seating capacity of 70 people,” said Kabir Jung Thapa, Director of Food and Beverage at Radisson, adding, “The buffet includes imported meat items, mostly sausages with varieties of bread.” </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Starters, soups, live barbeque, carving station and desserts included German potato salad, mixed grain salad; roasted beetroot, walnut and goat cheese salad, red slow salad, homemade Sauerkraut, Sauerkraut Beer Soup with Frankfurters, Gammon with grain mustard, Frankfurter, Bratwurst and Whitwurst, Getreide Meal Laib (meat loaf), barbeque pork ribs, Bratwurst, Dark Beer marinated barbeque chicken, Speck Kuchen (Bacon Cake), Chicken Paprikash, Grilled Snapper with almond butter, Bavarian Cream with Plum Compote, Apple and Rum Custard Cake. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%;">The celebration included festive specialty buffet from German cuisine for Rs 1,299 plus taxes per person including free flow of Carlsberg beer from 6pm to 10pm.</span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%;"> <br /> <img alt="everest bank" border="1" height="87" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/everestbank.jpg" vspace="10" width="281" /><br /> </span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;">Everest Bank Announces 17 % Net Profit</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Board of Directors of Everest Bank Limited, in a Board Meeting held on 20 September, approved and signed the audited Balance Sheet for the year ended Asadh 2069. The Board noted that the Bank has highest EPS (Earning per Share) of Rs 88.55 among all the Banks in the country; highest reserves (as percentage of Paid-Up Capital) at 228 per cent and one of the lowest NPA. It further noted that the net profit of the Bank has gone up by 17 per cent to Rs 109.05 crores. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">he Board also noted that as part of its innovative services, the Bank has recently opened five automatic Cash Deposit Kiosks and started trial innovative banking services through mobile phones (branded as Mobile ATM).<br /> <br /> <br /> </span></span></p> <p> </p> <p> </p> <p> <span style="font-size:14px;"><img alt="fiat" border="1" height="147" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/fiat(1).jpg" vspace="10" width="150" /><br /> </span></p> <p> </p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Fiat Free Check-up Camp<br /> <br /> </span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Batas Brother Motors Pvt Ltd, the sole distributor of FIAT cars for Nepal, organized Free Check-up Camp for all FIAT cars on 2nd and 3rd of October in their modern service center situated at Basundhara, Kathmandu. All FIAT customers had free vehicle check-up, special discounts on top up of oils, coolants, battery fluids, spare parts and labour charges. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Batas Brothers Motors Pvt Ltd has been distributing FIAT cars in Nepal and the popular models are Linea and Punto. Deputy GM Alok Josee said due to the growing popularity of FIAT vehicles, Batas Organization has been doing various activities and events to provide added services to its valued customers.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="Kwiks" border="1" height="98" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/kwiks.jpg" vspace="10" width="230" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Kwiks Cheeseballs Celebrates 25 Years</span></span></strong></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"><span style="line-height: 115%; font-family: "><br /> </span>To celebrate the unique taste of Kwiks Cheeseballs, Chaudhary Group launched a celebration campaign on its 25th anniversary. The Group launched the campaign with the slogan “Making people lick their fingers for last 25 years.”</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="Bank of Kathmandu" border="1" height="186" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bok(1).jpg" vspace="10" width="406" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">BoK AGM Approves 21.32 % Cash Dividend</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The 18th Annual General Meeting (AGM) of Bank of Kathmandu (BoK) Ltd held on 12th October approved five percent Bonus Share and 21.32 per cent Cash Dividend to its valued Shareholders. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">While highlighting the Bank’s overall progress in the Fiscal year 2068/069, Chairman of the Bank Narendra Kumar Basnyat stated that the bank managed to earn Operating Profit of Rs 883 million out of which Net Profit stood at Rs 607.7 million in the fiscal year. The total deposits at the end of the fiscal year 2068/069 summed to Rs 24.99 billion, an increment of 18.90 per cent in comparison to corresponding figure of last fiscal year. Similarly, loans and advances increased by 7.59 per cent at the end of the fiscal year 2068/069 with total lending of Rs 19.32 billion. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">During this period, the Bank also added four new branches which put the total number of its branches at 45. Moreover, the bank also runs seven extension counters throughout the country. Apart from this, the customers can utilize the facility of its network from 54 ATM counters. During the FY, the bank introduced attractive new products and services catering to different segments of customers and was actively involved in microfinance projects in various parts of the country, thus improving the microfinance business.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="harrison" border="1" height="146" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/cacci.jpg" vspace="10" width="406" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Harrison Wins CACCI – FNCCI Annual Golf Challenge</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Keith Harrison won the CACCI – FNCCI Annual Golf Challenge at Gokarna Golf Club. Harrison playing with 4 handicap scored 37 Stableford points to win the tournament over Deepak Rajbhandari and Rene Vijay Einhaus by two strokes. Deepak Rajbhandari finished runner-up on the count back whereas Rene Vijay Einhaus, 1 handicap Golfer got the best gross award with three over gross score (33 gross points). </span></span></p> <p class="Pa18" style="text-indent:14.0pt"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Rita Thapa bagged the best lady golfer award with the score of 27 points. Subodh Thapa won the group category among the CACCI members with 33 points and Pradeep Kumar Shrestha was Runner-up. Stephan Wong was winner among international participants of CACCI members. Prabhakar Adhikari received closest to the pin award, TG Shrestha got the longest drive prize and Rene Vijay Einhaus won most birdies award with five birdies. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 54 players took part in the tournament organized by Confederation of Asia- Pacific Chamber of Commerce and Industries (CACCI) and Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The tournament was played under Stableford format with 3/4 handicap.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Batas Appointed PETRONAS Distributor</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Batas Organization has been appointed the sole selling distributor of PETRONAS Lubricants (India) Pvt Ltd for Nepal, a wholly owned subsidiary of PETRONAS that stated lubricants operation in India in 2006. The objective of entering Nepal lubricant market is to give bring value position to its valued consumers and customers viz technology, high performance engine oils Euro IV & Euro V, higher drain intervals and eco friendly oils thus conserving the natural resources and huge savings to the consumer –high performance oils, said the company. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">PETRONAS Lubricants (India) Pvt Ltd is rated as the fastest growing lubricant company in India. It also plans to introduce a complete range of oils – mach-5 range for cars, URANIA for DEO range and sprinta range for MCO including SELENIA range of products and AKROS for tractors. 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5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A14"><span style="line-height: 115%; font-family: "><img alt="bajajtantra" border="1" height="117" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajaj(1).jpg" vspace="10" width="208" /><br /> </span></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Weekly Winners of Bajajtantra</span></span></span></strong></p> <p class="Default" style="line-height:10.05pt"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Hansraj Hulaschand and company, an authorized distributor of Bajaj motorbikes in Nepal, announced its fourth week winners of Bajajtantra - its latest offer scheme on the auspicious occasion of Dashain and Tihar 2069. List of prizes, names of the winners and their coupon numbers were as follows: </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Under this exciting offer that carried an equally exciting catchphrase ‘Vote kaslai, aafailai’, people could win an instant cash discount up to Rs 1 lakh through scratch at the time of buying any Bajaj bike and every week, seven consumers could participate on the scheme offer and win above mentioned gifts by voting for their desired prizes through lucky draw.<br /> <br /> <img alt="bajajyatra" border="1" height="228" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajajtantra.jpg" vspace="10" width="500" /><br /> <br /> <br /> <br /> <br /> <br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="springwood" border="1" height="160" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/spring.jpg" vspace="10" width="325" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Springwood Youthful Moments Declares Winners</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">‘Springwood Youthful Moments’, an online contest was hosted by Surya Nepal Pvt Ltd (SNPL) for its “Springwood” range of men’s garments. This contest began on 16th of July and ended on 9th of October. The participants had to take a photograph that depicted fun and exciting moments in their lives and submit it to enter the contest via an app created for Springwood’s Facebook Page. Those generating maximum likes on their uploaded photograph, were due to received gifts from Springwood. Those who sported Springwood garments for the photograph were given benefit of extra 10 per cent credit in the contest. The contest garnered huge popularity on the Springwood fan page on Facebook, which now boasts 10,149 fans. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 59 participants were shortlisted and Ganesh Gurung (with 732 likes on his picture) bagged the first prize of a Springwood gift voucher worth Rs 15,000. The 2nd position went to Avishek Mali (572 likes on his picture), who received a Rs 10,000 gift voucher and the 3rd position was won by Ratna Khadka (539 likes on his picture), who received a Rs 5,000 voucher. The consolation prizes of gift vouchers worth Rs 2000 each were won by Gopal Acharya, Carol Kanodia, Nikita Saraf, Yelin Hyoju, Swastik Raj Banjara, Anusha Shrestha and Jagannath Luitel.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <img alt="rana" border="1" height="214" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/rana(1).jpg" vspace="10" width="256" /></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Rana Wins Indian Ambassador's Cup</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Robin Rana won the Indian Ambassador's Cup Golf Tournament at Gokarna Golf Club. Rana playing with 14 handicap edged out Subodh Thapa by one point. Rana scored 42 stableford points to win the trophy; he got 21 points on the front nine and brought an identical score on the back nine. Thapa playing with 18 handicap scored 41 points, 21 points on the front nine and 20 points on the back nine to finish as the Runner-up. </span></span></p> <p> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Rene Vijay Einhaus won the best gross award with 33 gross points. Rekha Ghimire bagged Ladies trophy with 30 points and Kesang Lama finished second in the ladies with 29 points. KNS Thapa was the winner among the senior golfers aged 65 and above and Victory SJB Rana came second among the seniors. </span></span><span style="font-size:14px;"> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 64 golfers took part in the tournament played under stableford format with full handicap (maximum allowance 18). Indian Ambassador Jayanta Prasad, Chief of Army Staff Gaurav SJB Rana, and Vice President - Technical of Surya Nepal Pvt Ltd Sanjiv Gandhi gave away the prizes to the winners. Captain of the Gokarna Golf Club, Joseph Nathan was also present on the occasion.<br /> <br /> <br /> <br /> <strong><img alt="visa" border="1" height="100" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/visa.jpg" vspace="10" width="144" /><br /> </strong></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Visa Cards Discounts at Bhatbhateni</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Bhatbhateni Superstore provided discounts up to 10 per cent to the customers who pay their bills by Visa debit or credit card on the occasion of Dashain and Tihar. The Store provided this discount in association with Visa Worldwide. The discount could be availed at all six outlets of Bhatbhateni at Maharajganj, Patan, Bauddha, Koteswor and Bhatbhateni in Kathmandu valley and also in Pokhara. Buyers received the discount instantaneously upon paying the bill with Visa cards. The scheme started on 16 October and was valid for a month.<br /> <br /> <br /> <img alt="bajaj discover" border="1" height="137" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajajbike.jpg" vspace="10" width="217" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Bajaj Discover World’s Largest Selling Motorcycle</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Bajaj informed that its motorcycle Bajaj Discover became the world’s largest selling motorcycle. The company claimed that this was the result of successful technical and marketing aspects of Discover. The company recently launched Discover 125 ST, the latest model of Discover in the market.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="" border="1" height="112" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/marathon.jpg" vspace="10" width="240" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Sixth Real Kathmandu Marathon</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The 6th Real Kathmandu Marathon for this year was held on the 13 October. The theme of this year’s marathon was “Live Green, Breathe Clean”. The marathon had several categories such as Full and Half Marathons as well as Open, School and Wheelchair Events. The marathon started at 6:00 am from Dashrath Rangashala, Tripureswor amidst a huge number of excited participants. Taking all the race categories in consideration, there were 2,000 participants in total from all walks of life.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="real" border="1" height="139" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/real.jpg" vspace="10" width="208" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Real School of Nepal-2012</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Grand Finale of Real School of Nepal-2012 was held on 25 September. The five regional champions that competed in the Grand Finale were Eureka Residential Higher Secondary School from Dharan, Gandaki Higher Secondary Boarding school from Pokhara, Budhanilkantha Public Boarding School from Kathmandu, Sainik Awashiya Mahavidyalaya from Bhaktapur and Ideal Model Higher Secondary School from Lalitpur. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The winner of the Real School of Nepal 2012 was Ideal Model Higher Secondary School from Lalitpur. Eureka Residential Higher Secondary School from Dharan and Sainik Awashiya Mahavidayala from Bhaktapur were declared 1st and 2nd runner up respectively.</span></span></p>', 'published' => true, 'created' => '2012-12-21', 'modified' => '2012-12-21', 'keywords' => '', 'description' => 'Qatar Airways announced the introduction of an enhanced booking feature where customers can pay for reservations made on www.qatarairways.com at any Qatar Airways local office.', 'sortorder' => '653', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $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' => '846', 'article_category_id' => '34', 'title' => 'MAW 's Happy Win Year Offer', 'sub_title' => '', 'summary' => null, 'content' => '<p> <span style="font-family: arial, sans-serif; font-size: small; line-height: 16px;"><img align="left" alt="Morang Auto Works" height="248" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/maw_scheme.jpg" style="margin:0 10px 0 0;" width="220" />Morang Auto Works (</span>MAW), the sole distributor of Yamaha motorbikes, has launched a new campaign named “Happy Win Year” on the occasion of New Year 2013. According to the company, this offer is all about winning as it offers huge cash discounts on various ranges of Yamaha motorcycles like YBR110, YBR125, SS125, SZR, FZS, Enticer and LYM110. The cash discount is up to Rs 13,000 on cash or finance for each purchase.</p> <p> </p> <p> </p> <p> </p> <p> </p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Morang Auto Works (MAW), the sole distributor of Yamaha motorbikes, has launched a new campaign named “Happy Win Year” on the occasion of New Year 2013.', 'sortorder' => '731', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '835', 'article_category_id' => '34', 'title' => 'Ncell To Introduce Recharge Through Kiosks', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="left" alt="Ncell Recharge" height="413" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/ncell_recharge(1).jpg" style="text-align: justify; margin: 0px 10px 10px 0px;" width="230" /></p> <p style="text-align: justify;"> Ncell is going to introduce a new facility that will enable its customers to recharge balances through kiosk machines. According to the company, Ncell customers can top-up their balance themselves by inserting bank notes of Rs 20 denomination or above in the inlet of kiosks. </p> <p style="text-align: justify;"> “The customers can recharge whatever amount they are comfortable with, starting from Rs 20, by inserting appropriate bank notes,” reads the official press statement.</p> <p style="text-align: justify;"> Ncell plans to install the facility first in the Kathmandu Valley, and expand it outside later. The company plans to install 40 kiosks in different parts of the valley in the initial phase.“Recharge Kiosks will be the first facility of its kind in Nepal. They will ease and empower the customers greatly. Hence, we feel glad for being able to serve the customers in a new way,” said Sanju Koirala, Corporate Communication Director at Ncell.</p> <p style="text-align: justify;"> According to the company, once the new facility is introduced, the customers will not need to rely on recharge cards alone to top up the balance. It will also assure that the customers get full recharge for the money they pay at maximum retail price (MRP).To recharge via kiosks, Ncell customers would first need to choose the language (‘Nepali’ or ‘English’), then select Ncell (the service provider’s name) displayed on the screen and enter the 10-digit mobile number they wish to recharge.</p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Ncell is going to introduce a new facility that will enable its customers to recharge balances through kiosk machines.', 'sortorder' => '721', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '834', 'article_category_id' => '34', 'title' => 'Samsung Mobile Expo Concludes', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="" alt="Samsung Mobile Expo" height="308" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/samsung_mobileExpo.jpg" style="margin:0 0 10px 10px;" width="500" /></p> <p style="text-align: justify;"> Samsung Mobile Expo 2013 concluded on January 29 registering a turnover of Rs 100 million during the weeklong exhibition held at Civil Mall, Sudhara. According to the organisers, some 230,000 visitors attended the expo. </p> <p style="text-align: justify;"> More than 25 mobile companies participated in the expo showcasing their products in over 62 stalls. According to Purushottam Basnet, President of Mobile Traders Association of Nepal – the organiser- the expo themed ‘Sanchar nai sansar’ was successful, because of the overwhelming response from the visitors. </p> <p style="text-align: justify;"> The expo marked the presence of brands such as Samsung, Nokia, Carbon, LG, Spice, Colors, and Sony, among others. The expo was a perfect destination to see and understand the latest technologies in the mobile phone industry and purchase gadgets like smartphones and tablets. Exhibitors also offered attractive offers, including discounts, on the purchases. Various attractive gift hampers were also given away as the door prize for the visitors. </p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-03-15', 'keywords' => '', 'description' => 'Samsung Mobile Expo 2013 concluded on January 29 registering a turnover of Rs 100 million during the weeklong exhibition held at Civil Mall, Sudhara.', 'sortorder' => '720', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '833', 'article_category_id' => '34', 'title' => 'Tourist Arrivals Decline After 3.5 Years', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> Tourist arrivals for January witnessed a sharp slump compared to the same month of 2012. According to the figures released by the Immigration Office, Tribhuvan International Airport (TIA), the tourist arrivals reached 35,330 with a 15.9 per cent decline in January this year compared to the same month last year.</p> <p style="text-align: justify;"> According to the official press statement issued by Nepal Tourism Board (NTB), major source markets have recorded negative growths in tourist arrivals in the first month of 2013. “In the SAARC region, only Pakistan has recorded a positive growth of 5.8 per cent. India which constitutes the major market of Nepal, has recorded a negative growth of 26.1 per cent. Arrivals from Bangladesh and Sri Lanka have also registered negative a growth by 62.6 per cent and 42.6 per cent respectively,” reads the statement.</p> <p style="text-align: justify;"> Tourist arrivals from other Asian countries have also registered a negative growth of 16.4 per cent on average. According to NTB, tourist arrivals from China have decreased by a whopping 40.3 per cent whereas the arrivals from Japan, Singapore, Thailand, Malaysia and South Korea have increased by 16.8, 10.3, 4.3, 42.6 and 11.2 per cent respectively.</p> <p style="text-align: justify;"> An overall negative growth of 15 per cent has been observed from the European market while tourist arrivals from Australia, New Zealand and the USA have registered growths of 27.3, 25, and 13 per cent respectively. A negative growth of 27.4 per cent has been recorded from Canada in January 2013 compared to January 2012, says the press release.</p> <p style="text-align: justify;"> A total of 45,667 foreign tourists departed from TIA in January 2013. The number of Nepali arrivals stood at 69,442 while 91,281 Nepalis departed from TIA in January 2013.</p> <div style="text-align: justify;"> </div>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Major source markets have recorded negative growths in tourist arrivals in the first month of 2013. India which constitutes the major market of Nepal, has recorded a negative growth of 26.1 per cent.', 'sortorder' => '719', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '801', 'article_category_id' => '34', 'title' => 'Simrik Air’s Fleet Expansion Plan', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="120" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/simrikAir.jpg" style="margin:0 10px 10px 0;padding:5px;" width="227" />The private airline company, Simrik Air has announced to expand its fleet of choppers to six within two years. “We want to develop our company as a ‘rescue hub’ worldwide,” said Capt Rameshwor Thapa, Executive Chairman of Simrik Air. The company is set to sell the two existing BK-117 helicopters and bring in new six-seat small helicopters. “We have been providing the best chopper services to the major tourism destinations and it makes us the first proud airline, outside the West, to boast such helicopters in the fleet,” Thapa said. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The private airline company, Simrik Air has announced to expand its fleet of choppers to six within two years. “We want to develop our company as a ‘rescue hub’ worldwide,” said Capt Rameshwor Thapa, Executive Chairman of Simrik Air.', 'sortorder' => '688', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '800', 'article_category_id' => '34', 'title' => 'Namaste To Fly Domestic Sky In 3 Months', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p style="text-align: justify;"> Namaste Air, a newly licensed domestic airline, is making preparations to start flying on the domestic routes within three months. The company received the Air Operator’s Certificate (AOC) towards the end of 2012. AOC is the go-ahead document from the Civil Aviation Authority of Nepal (CAAN).</p> <p style="text-align: justify;"> According to Raju KC (Khatri), Executive Chairman of the company, internal preparations are underway to start flights at the earliest. “Currently we are doing the groundwork to commence flights with two 78-seater ATR-72,” he said.</p> <p style="text-align: justify;"> Namaste Air is also speeding up its internal infrastructure development and training pilots and co-pilots. According to KC, the company is collaborating with an American company named Pentagon Capital to bring two ATR aircraft at the first stage. He said his company has received CAAN’s permission to bring the craft and has already sent US $ 60,000 to the supplier of the craft a month ago. </p> <p style="text-align: justify;"> KC also claimed that the company is to import airplanes of the latest model that no Nepali Airline possesses so far. According to him, the model is 2007 and the craft has flown for just about 5 years. Initially, two airplanes will be imported and then after 2-3 months other two 42-seater ATR-42 will be purchased. </p> <p style="text-align: justify;"> Namaste Air has said that it will bring the airplanes on lease but plans to acquire the full ownership soon. </p> <p style="text-align: justify;"> The company has permission to operate flights to eight trunk routes of Nepal—Pokhara, Biratnagar, Chandragadhi, Nepalgunj, Kathmandu, Tumlingtar and Dhangadhi from its base in Bhairahawa. “We will compete with the airlines that are currently operating in Nepal,” said KC. According to the existing rules, a company seeking to start an airline service has to have a paid-up capital of Rs150 million and furnish a bank guarantee worth Rs 200,000. Namaste Air will have a challenge to compete with major airlines such as Buddha Air and Yeti Air that have been flying on the trunk routes. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The company is to import airplanes of the latest model that no Nepali Airline possesses so far. Initially, two airplanes will be imported and then after 2-3 months other two 42-seater ATR-42 will be purchased', 'sortorder' => '687', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '799', 'article_category_id' => '34', 'title' => 'Int’l Airlines Can Now Operate 14 More Flights A Week', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p style="text-align: justify;"> The Ministry of Tourism and Civil Aviation (MoTCA) has allowed 14 more international flights a week to each of the international airlines currently providing their service in Nepal. According to Suresh Acharya, Under Secretary at MoTCA, although they were bound by the Air Service Agreement (ASA) in case of seat capacity, they were not allowed to increase flight numbers. He said “This type of permission is temporary and is valid until the review of the ASA.” International airlines serving in Nepal will be able to add more flights from 1st January 2013. Previously, more flight permission was given during Lumbini Visit Year 2012 and Nepal Tourism Year 2011. The 2012-permission to 10-more-flights-a-week expired on 31st December 2012. </p> <p style="text-align: justify;"> The permission has been given to ease the international airlines operational in Nepal for New Year 2013. The airlines of 16 countries that are providing their service in Nepal at present will benefit from this decision. MoTCA had given additional flight permissions in 2007 and 2008 as well. Though 32 airlines from 16 countries have received the permission to operate international flights to and from Nepal, only 29 are in service at present. Airlines from countries like the UAE, China, Pakistan, Australia, Bhutan, Saudi Arabia, UK, Russia, Japan etc will benefit from the permission. </p> <div> </div>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'International airlines serving in Nepal will be able to add more flights from 1st January 2013. Previously, more flight permission was given during Lumbini Visit Year 2012 and Nepal Tourism Year 2011.', 'sortorder' => '686', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '798', 'article_category_id' => '34', 'title' => 'Surya Nepal Announced Entrepreneurship Award 2012', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> Surya Nepal Pvt Ltd awarded the Asha Social Entrepreneurship Award (SNASEA) to 12 Nepali entrepreneurs who created value for the ‘People, Planet and Profit’ on December 18, 2012. It awarded five industrialists; Shanti Shakya Dolma of Kakani Himalayan Natural Dyes, Chiranjeevi Poudel of Seeing Hands Clinic, Dr Bishal Dhakal of Health at Home Private Limited (HHPL), Prachanda Shakya of Nepal Traditional Handicraft Training Centre and Jasmaya Pun of Hampaal Allo Tatha Kapada Bunai Udhyog in the ‘Hidden Heroes’ category. These five winners will each get a package which includes cash prize from Surya Nepal Private Limited along with the opportunity of networking through ChangeFusion Nepal. Similarly in the ‘Agents of Change’ category, it awarded Govinda Ghimire of Alternative Herbal Pvt Ltd, Tara Baskota Adhikari of Shangri-La Agro World and Som Prasad Gauchan of Everest Tea Estate Pvt Ltd. Likewise, SNASEA 2012’s additional recognition - ‘NBI Agent of Change’ awarded to Himalayan Naturals Pvt Ltd, Lotus Holdings Pvt Ltd, Women Support Saving and Credit Cooperative Society Ltd and Brihat Investments Pvt Ltd for businesses that support startups, assist enterprise development and promote the culture of entrepreneurship in Nepal. According to Surya Nepal, All the winners were selected after an intense process of evaluation amongst 84 applicants.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Surya Nepal Pvt Ltd awarded the Asha Social Entrepreneurship Award (SNASEA) to 12 Nepali entrepreneurs who created value for the ‘People, Planet and Profit’ on December 18, 2012. It awarded five industrialists; Shanti Shakya Dolma of Kakani Himalayan Natural Dyes, Chiranjeevi Poudel of Seeing Hands Clinic, Dr Bishal Dhakal of Health at Home Private Limited (HHPL), Prachanda Shakya of Nepal Traditional Handicraft Training Centre and Jasmaya Pun of Hampaal Allo Tatha Kapada Bunai Udhyog in the ‘Hidden Heroes’ category.', 'sortorder' => '685', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '797', 'article_category_id' => '34', 'title' => 'EBL Appoints Sadichha Shrestha As Brand Ambassador', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="215" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/everestBank.jpg" style="margin:0 10px 10px 0; padding:5px;" width="250" /></p> <p style="text-align: justify;"> Everest Bank Ltd (EBL) has appointed Miss Nepal 2010 Sadichha Shrestha as the Brand Ambassador to promote its brand, products and services. The bank has also launched a new deposit product called ‘Sadichha Deposit’ targeting young people. Parents, too, can open the account in the name of their children. According to EBL, this is the recurring type of deposit in which the children are given 0.50 per cent additional interest than the normal published rate. Besides, for every account, the bank will be providing Rs 5 in order to create a fund for the helpless and needy. Every year on EBL’s annual day function, the fund will be donated to orphanages, schools, child activists etc.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Everest Bank Ltd (EBL) has appointed Miss Nepal 2010 Sadichha Shrestha as the Brand Ambassador to promote its brand, products and services. The bank has also launched a new deposit product called ‘Sadichha Deposit’ targeting young people.', 'sortorder' => '684', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '796', 'article_category_id' => '34', 'title' => 'Chinese Investors Meet FNCCI Team', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> A visiting business delegation of Chinese investors has shown interest to invest in Nepal. In a meeting with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the visiting delegation held talks on bilateral trade relationship and on possible Chinese investment in sectors such as tourism, infrastructure development, hydropower, minerals and agriculture. FNCCI’s Senior Vice-President Bhaskar Raj Rajkarnikar led the FNCCI team while the Vice-President of China Council for Promotion of International Trade (CCPIT), Gaungdong Luo Bingzhi, led the Chinese delegation in the meeting. The meeting further discussed the possibilities and ways to lower Nepal’s trade deficit with China. FNCCI decided to utilize the customs duty waiver given by the Chinese government on various 4,721 Nepali goods. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'A visiting business delegation of Chinese investors has shown interest to invest in Nepal. In a meeting with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the visiting delegation held talks on bilateral trade relationship and on possible Chinese investment in sectors such as tourism, infrastructure development, hydropower, minerals and agriculture.', 'sortorder' => '683', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '795', 'article_category_id' => '34', 'title' => 'Yamaha’s Facebook Campaign', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="97" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/yamahaOffer.jpg" style="margin:0 10px 10px 0; padding:5px; border:none;" width="121" />Yamaha Nepal has launched ‘Yamaha Like My Style’—a Facebook campaign to promote its bikes and establish an effective communcation channel with its customers. At the launching program, Managing Director of MAW Enterprises, Vishnu K Agarwal, said the campaign has been launched as Facebook is the most effective medium to promote products these days. “We hope our Facebook page will be an effective way to communicate with our customers, to provide information about the products of Yamaha and also to get fast feedback from them. Further, it will help to provide safety tips and help to create awareness on safe riding,” said Agarwal.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Yamaha Nepal has launched ‘Yamaha Like My Style’—a Facebook campaign to promote its bikes and establish an effective communcation channel with its customers.', 'sortorder' => '682', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '794', 'article_category_id' => '34', 'title' => 'KK Super Mart To Open 15 Stores By 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <span style="text-align: justify;">KK Super Mart Nepal, a chain of local convenience stores, is planning to open 15 stores by 2013. It targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati lately. KK Super Mart Nepal operates 365 days a year and 16 hours a day with the vision to “Serve U with a smile.” The super market offers over 3,500 high quality products at the most competitive prices. They offer products ranging from every-day grocery goods to personal care, toiletries, household products, over-the-counter medicines, beverages, liquor, recharge cards, pet food, among others.</span></p> <p style="text-align: justify;"> It has got the technical assistance from KK Super Mart Malaysia, the flagship business for KK Group of companies which owns and runs 125 outlets in Malaysia. It was established in 2001. According to the company, Nepal has been chosen as the first overseas destination due to the emerging economy in Nepal. KK Super Mart Nepal was officially inaugurated by Mayor of Putrajaya Tan Sri Dato Seri, Dr. Aseh Bin Che Mat, Founder of KK Super Mart Dato’ Dr. Douglas KK Chai, President of Malaysia-Nepal Business Council Dato Pardip Kumar Kukreja, President of Nepal-Malaysia Business Council Mr. Suhrid Ghimire, and Managing Director of Yeti Airlines Mr. Ang Tshiring Sherpa. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'KK Super Mart Nepal, a chain of local convenience stores, is planning to open 15 stores by 2013. It targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati lately.', 'sortorder' => '681', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '765', 'article_category_id' => '34', 'title' => 'Public Sector November 2012', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> 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rgb(34, 30, 31);"><img alt="german ambassador" border="1" height="261" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/german.jpg" vspace="10" width="344" /><br /> <strong>German Ambassador Frank Meyke with Vice President of Nepal Paramananda Jha at the reception held to celebrate the Day of German Unity.</strong></span></span></p> <p> </p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A14"><span style="line-height: 115%; font-family: "Calibri","sans-serif";"><br /> <br /> <img alt="wto" border="1" height="104" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/WTO.jpg" vspace="10" width="135" /><br /> </span></span></span></strong></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">WTO Assistance on Herb Exports</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The World Trade Organization (WTO) is providing financial assistance to the government to ease the exports of Nepali medicinal herbs to the international market. "The Enhanced Integrated Framework (EIF) of WTO has assured us assistance for the international marketing of herbs," informed Toya Narayan Gyawali, Joint Secretary at the Ministry of Commerce and Supply (MoCS). Nepal Trade Integration Strategy (NTIS) 2010 is gearing to submit a proposal to the EIF in order to get its assistance for improvement of forward and backward linkages. The financial aid received from EIF will be utilised for enhancement of international market prospects, to increase the capacity of farmers and entrepreneurs, and for designing of products and packaging. After ginger and pashmina, the Nepali medicinal herb is the third product to seek EIF assistance to prosper linkages. The ministry is looking for EIF assistance to propel Nepali medicinal herbs and the Government of Nepal has already received Rs 110 million from EIF to enhance production and processing of ginger, Gyawali said. According to the statistics of Trade and Export Promotion Centre (TEPC), Nepal exported medicinal herbs worth Rs 710 million in fiscal year 2010/11. Nepali medicinal herbs have found a few lucrative destinations for the exports in USA, France, Germany, Vietnam, Singapore, Japan, Italy, Russia, Belgium and South Korea.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Foreign Investors Upbeat about Hydropower Sector</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) have informed that investors from Korea, Philippines and Taiwan have shown interest to invest in the hydropower sector. "The recently concluded three-day regional conference of Asia- Pacific Chambers of Commerce and Industry (CACCI) provided a platform to know about the foreign investors' interest in Nepal's hydropower sector,” said Gyanendra Lal Pradhan, Chairperson of Energy Committee at FNCCI. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">President Dr Ram Baran Yadav had inaugurated the conference and acknowledged the private sector's role in strengthening the country´s economy. He further made an appeal to all the business leaders to invest in Nepal. "The conference is fruitful not just for Nepal but also for the entire region," said Suraj Vaidya, President of the FNCCI. At the conference, Benedict V Yujuico, an investor from Philippines and the President of CACCI, said he is investing US$ 5 million in Nepal´s hydropower sector. His investment would be in Upper Mai Hydroelectric Project (9.98 MW), which is being developed by High Himalaya Hydro Company. Top–notch businessmen of the region, who gathered in Kathmandu for the 26th conference of CACCI, admitted there were structural problems in Nepal´s hydropower sector. “There are security risks at the project sites in Nepal. The volatile political situation is always a big threat for us to work,” said Dilip Singh, General Manager of Himal Hydropower Company, during a panel discussion.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">At the conference, Benedict V Yujuico, an investor from Philippines and the President of CACCI, said he is investing US$ 5 million in Nepal´s hydropower sector.</span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%; font-family: "Calibri","sans-serif";"> </span></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Four Hydro Projects’ PDA to be Signed</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Investment Board (IB) is all set to sign Project Development Agreement (PDA) with four hydropower projects. According to a release from the Board, a meeting held between the Board and project promoters concentrated on the legal provisions of the agreement. Earlier, the Board had handed over the draft of the agreement over to the project promoters. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The promoters, who have been demanding the Board for the PDA for some time now, expressed their individual views on the shortcomings of the draft in the meeting. The project promoters said that the indecisiveness of the government is impeding the projects. "The interruption in the PDA has delayed the construction of the project by one and a half years," said one of the promoters. He further said that the tender process for constructing road to the project site has also been interrupted due to the delay in PDA. The Board is preparing to sign PDA with Tamakoshi III (650 MW), Upper Karnali (900 MW), Upper Marsyangdi (600 MW) and Arun -III (900 MW) hydro projects. The government took more than two years to prepare the draft of the PDA. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The signing of the PDA will facilitate the production of 3,000 MW electricity from four big projects put forth by the board. The government has prepared the draft after foreign investors expressed their insecurities over their investment. The investors have grown insecure owing to the frequent changes in laws and policies regarding hydropower. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The government had taken the cabinet decision in April 2010 regarding the preparation of the PDA draft of the projects and appointed Harvard Smith, a British law consultant for the purpose. The PDA model incorporates the provisions for free energy, incentives for the state, facilities to be provided by the state, and security among various other aspects.</span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></strong></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Cabinet Shuffles Secretaries</span></span></span></strong></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The government has promoted some joint secretaries and transferred secretaries at various ministries and government offices through a cabinet meeting held on October 18.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"> </span><img alt="cabinet" border="1" height="370" 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mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Non-life Insurance Companies Register 11 Per Cent Profit</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">In the last fiscal year 2011/12, the non-life insurance companies have earned 11 per cent net profit out of the total insurance premium collected. "Out of total Rs 6.73 billion insurance premium earned, non-life insurance companies made a profit of Rs 728.6 million. It is a good profit and companies who have managed their managerial cost well have made encouraging profit,” said Binod Aryal, Executive Director of the Insurance Board (IB).</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">In the last fiscal year, Sagarmatha Insurance (SI) made the highest profit among non-life insurance companies. SI made a profit of more than 20 per cent of its total insurance premium collected. The company earned Rs 641.9 million out of which its profit amounted to Rs 131.7 million.</span></p> <p> <span style="font-size:10.0pt; mso-bidi-font-family:"Myriad Pro";color:#221E1F">Bharat Basnyat, CEO of the company said the managerial cost of the company is less than nine per cent of the total insurance premium collected and that enabled the company to make high profit. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">According to the IB, the profit of non-life insurance companies has been increasing since the last two years. In fiscal year 2010/11, these companies’ profit increased by 16 per cent compared to the previous fiscal year. Likewise, in fiscal year 2011/12, the profit increased by 33 per cent compared to the fiscal year 2010/11.</span></p> <p class="MsoNormal"> <span class="A1"><span style="font-size:11.5pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">In fiscal year 2011/12, the profit of non-life insurance companies increased by 33 per cent compared to the fiscal year 2010/11.</span></span></p> <p class="MsoNormal"> <span class="A1"><span style="font-size:11.5pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro""> <br /> <br /> <img alt="JCB" border="1" height="170" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/JCB.jpg" vspace="10" width="309" /><br /> </span></span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">JCB Operator Meet in Dhangadhi</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">M.A.W. Enterprises Pvt Ltd JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Dhangadhi on 3 October. “The main objective behind this event is to educate and update operators about proactive maintenance,” said the Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners as well.” </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Operators were educated and made aware about operating machine safely and in a trouble-free manner so that they can increase the life of their machines. They were also educated about taking care of their machines in order to minimize the unforeseen breakdowns arising in the future. Benefits of using genuine parts against spurious parts were also shared with the operators.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <br /> <img alt="hasyayatra" border="1" height="169" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/hasyayatra.jpg" vspace="10" width="133" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">IME Haasya Yatra</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">IME's direct marketing campaign "IME Haasya Yatra...Byroad ko Batoma" organized in association with Global IME Bank in promotion of Indo- Nepal remittance service continued in western Nepal in the month of October as well. The Roadshow with popular comedians Deepak Raj Giri and Deepa Shree Niraula showcased their performances in Salyan on October 1st, Tulsipur on October 2nd, Surkhet on October 3rd, Nepalgunj and Gularia on October 4th, Dhangadi on October 6th, Dadeldhura and Baitadi on October 7th, Mangalsen on October 8th, Sandikharka and Tamghas on October 11th, Tansen on October 12th, Syangja on October 13th, Baglung on October 14th and finally in Damauli on October 15th.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">JMT and Norvic Host World Heart Day 2012 Programme</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">Jayanti Memorial Trust (JMT) and Norvic International Hospital hosted a World Heart Day 2012 programme on 29 September. JMT has been actively contributing to the nation’s social service sector from the past decade by sponsoring treatment for less fortunate cardiac patients, raising public awareness on cardio and cardiac diseases, conducting free heart camps for the screening of any possible prevalent cardio or cardiac diseases and Continuing Medical Education (CME) for the national cardiologists with the support from International experts. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Apart from counseling and providing guidance to less fortunate cardiac patients at Gangalal National Heart Centre and Manamohan Cardio Thoracic Centre through its social service room, JMT has also collaborated with various organization and institution such as Banks, Hotels, Hospitals, Alumni etc in building awareness regarding various forms of cardio and cardiac diseases, through screensavers, awareness posters and radio jingles. JMT has been conducting programs on the occasion of the World Heart Day with Norvic International Hospital in the past as well.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="seeingisbelieving" border="1" height="107" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/worldsightday.jpg" vspace="10" width="198" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Standard Chartered Celebrates World Sight Day</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">mark World Sight Day 2012, Standard Chartered Bank Nepal Limited organised various initiatives aimed at building awareness among the people. World Sight Day is celebrated annually on the second Thursday of October to raise awareness of visual impairment. The Bank is also in the process of entering into agreements with Tilganga Institute of Ophthalmology (TIO) and other Eye Hospitals to sponsor cataract surgeries targeting underprivileged and economically backward people of Nepal. </span></p> <p class="Pa18" style="text-indent:14.0pt"> <span style="font-size:10.0pt; mso-bidi-font-family:"Myriad Pro";color:#221E1F">Earlier, with a view to reinforce the Seeing is Believing agenda in Nepal, Standard Chartered Group had extended a financial assistance of US$ 1.1 million for construction of Biratnagar Eye Hospital in Biratnagar under the Eastern Region Eye Care Programme. SCB Nepal, in the year 2011, signed an agreement with TIO to sponsor 1,000 cataract surgeries between 2011/12. SCB Nepal has so far been instrumental in restoration of sights of over 6,000 poor and underprivileged people since the launch of the campaign in year 2003. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">‘Seeing is Believing’ is a global initiative to help tackle avoidable blindness, and is a collaboration between Standard Chartered and the International Agency for Prevention of Blindness (IAPB). To date, Seeing is Believing has raised over US$ 50 million for blindness initiatives and plans to raise a further US$ 50 million by 2020. Seeing is Believing is the single largest contributor to the development of Vision 2020 programmes through IAPB. As part of the Seeing is Believing programme, Standard Chartered pledges to match all donations until the target of US$ 100 million is reached.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="yamaha" border="1" height="71" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/yamaha(1).jpg" vspace="10" width="324" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Yamaha Safe Riding Science</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Yamaha organized ‘Yamaha Safe Riding Science (YSRS)’ at Kings College, Babarmahal on Oct 1. More than 60 students participated in the workshop. The objective of the one-day program was to increase road safety awareness for bike riders through theoretical and practical sessions by trained YSRS instructors. Students were informed about causes of accidents, precautions to take while riding, proper riding posture and other similar issues.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="standard chartered" border="1" height="178" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/standardcharteredbank.jpg" vspace="10" width="271" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Standard Chartered Bank Awards Scholarships</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">In line with the Bank’s focus on youth and education, Standard Chartered Bank Nepal found an good opportunity through VISCOSS – Nepal (Village School-College Students Scholarship Project – Nepal), to reach the village schools and be able to support the deserving students of Shree Mahendra Shanti High School, Balkot, Bhaktapur. The Bank has been providing scholarship to 15 deserving students of this school since 2002 and it awarded the scholarships to meritorious students for academic year 2068/69. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Diwakar Poudel, Head of Corporate Affairs of the Bank, gave away the scholarships at a function organized at the school. Dipak Kafle, the District Education Officer, was also present on the occasion and gave away other various prizes to students during the function. Speaking on the occasion, Poudel congratulated the recipients of the scholarships and encouraged them to grow up to be responsible citizens of the country. He also assured the school to provide other feasible support in the coming year. The Bank earlier had provided the school with 20 units of computers for facilitating computer education to the students. The Principal of the school thanked the Bank and VISCOSS Nepal for the support being provided to the school and the children.</span></p>', 'published' => true, 'created' => '2012-12-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'In the last fiscal year 2011/12, the non-life insurance companies have earned 11 per cent net profit out of the total insurance premium collected. "Out of total Rs 6.73 billion insurance premium earned, non-life insurance companies made a profit of Rs 728.6 million. 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style="line-height: 115%;">Corporate</span></span></strong></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;"><img alt="qatar" border="1" height="81" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/qatar(7).jpg" vspace="10" width="284" /><br /> Qatar Airways Introduces New Payment Options</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Qatar Airways announced the introduction of an enhanced booking feature where customers can pay for reservations made on www.qatarairways.com at any Qatar Airways local office. </span></span></p> <p> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The new solution offers greater flexibility to passengers who can now create bookings online and pay for these bookings in cash at a local Qatar Airways reservations and ticketing office. The payment must be completed within 24 hours of creating the booking on www.qatarairways.com. Once payment for the booking is made, passengers can then check-in online and also select their preferred seat and meals. Passengers who prefer to pay with credit cards can still complete their travel arrangements online.<br /> <br /> Qatar Airways Chief Executive Officer Akbar Al Baker said that the new feature was introduced to give passengers more payment choices. “Our passengers want to be able to book online 24/7 and instantly access our latest offers. So, this solution is both user friendly and gives passengers greater flexibility.” </span> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Doha-based Qatar Airways recently launched its new-look, customer-focused, interactive website, designed for a complete user-friendly experience. The website ensures seamless, easy and quick navigation through various pages, making booking with Qatar Airways effortless. Clicking on the interactive route map, passengers can easily choose their next travel destination and directly proceed to booking. In addition to getting updated on their current flight status, passengers can select additional services with various hotel and car partners and even book a holiday package.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <br /> <img alt="anichyoing" border="1" height="138" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/anichyong(1).jpg" vspace="10" width="268" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;">Ani Choying Drolma and Shristi Shrestha Brand Ambassadors of BB Airways</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);"><span style="line-height: 115%;"> </span>BB Airways brought beauty and Buddha together signing Miss Nepal 2012 Shristi Shrestha, and singer and philanthropist Ani Choying Drolma as its brand ambassadors. “Drolma is an icon of Buddhism in modern Nepal and Shrestha represents the beauty of Nepal,” said Shishir Bhatta, the Managing Director of BB Airways. He added, “It goes with our motto of combining spiritualism with modernity.” </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">BB Airways is promoted by Non-resident Nepali entrepreneur Bhaban Bhatta who owns numerous businesses in Japan and Nepal. He is the treasurer of the International Coordination Council of Non-Resident Nepali Association and has been Japan chairman of the association.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><br /> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <br /> </span></strong></span></p> <p class="Pa8"> <span style="font-size:14px;"><strong><span class="A12">Oktoberfest at Radisson </span></strong></span></p> <p class="Pa8"> <span style="font-size:14px;"><br /> </span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Radisson Hotel hosted Oktoberfest at its newest outlet, The Terrace Garden, on Fridays and October 12 and 13. The celebration included festive specialty buffet from German cuisine for Rs 1,299 plus taxes per person including free flow of Carlsberg beer from 6pm to 10pm. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">“Oktoberfest at Radisson is for tourists to make them feel at home during the festive season and to promote our newly opened outlet The Terrace Garden which has a seating capacity of 70 people,” said Kabir Jung Thapa, Director of Food and Beverage at Radisson, adding, “The buffet includes imported meat items, mostly sausages with varieties of bread.” </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Starters, soups, live barbeque, carving station and desserts included German potato salad, mixed grain salad; roasted beetroot, walnut and goat cheese salad, red slow salad, homemade Sauerkraut, Sauerkraut Beer Soup with Frankfurters, Gammon with grain mustard, Frankfurter, Bratwurst and Whitwurst, Getreide Meal Laib (meat loaf), barbeque pork ribs, Bratwurst, Dark Beer marinated barbeque chicken, Speck Kuchen (Bacon Cake), Chicken Paprikash, Grilled Snapper with almond butter, Bavarian Cream with Plum Compote, Apple and Rum Custard Cake. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%;">The celebration included festive specialty buffet from German cuisine for Rs 1,299 plus taxes per person including free flow of Carlsberg beer from 6pm to 10pm.</span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%;"> <br /> <img alt="everest bank" border="1" height="87" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/everestbank.jpg" vspace="10" width="281" /><br /> </span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;">Everest Bank Announces 17 % Net Profit</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Board of Directors of Everest Bank Limited, in a Board Meeting held on 20 September, approved and signed the audited Balance Sheet for the year ended Asadh 2069. The Board noted that the Bank has highest EPS (Earning per Share) of Rs 88.55 among all the Banks in the country; highest reserves (as percentage of Paid-Up Capital) at 228 per cent and one of the lowest NPA. It further noted that the net profit of the Bank has gone up by 17 per cent to Rs 109.05 crores. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">he Board also noted that as part of its innovative services, the Bank has recently opened five automatic Cash Deposit Kiosks and started trial innovative banking services through mobile phones (branded as Mobile ATM).<br /> <br /> <br /> </span></span></p> <p> </p> <p> </p> <p> <span style="font-size:14px;"><img alt="fiat" border="1" height="147" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/fiat(1).jpg" vspace="10" width="150" /><br /> </span></p> <p> </p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Fiat Free Check-up Camp<br /> <br /> </span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Batas Brother Motors Pvt Ltd, the sole distributor of FIAT cars for Nepal, organized Free Check-up Camp for all FIAT cars on 2nd and 3rd of October in their modern service center situated at Basundhara, Kathmandu. All FIAT customers had free vehicle check-up, special discounts on top up of oils, coolants, battery fluids, spare parts and labour charges. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Batas Brothers Motors Pvt Ltd has been distributing FIAT cars in Nepal and the popular models are Linea and Punto. Deputy GM Alok Josee said due to the growing popularity of FIAT vehicles, Batas Organization has been doing various activities and events to provide added services to its valued customers.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="Kwiks" border="1" height="98" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/kwiks.jpg" vspace="10" width="230" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Kwiks Cheeseballs Celebrates 25 Years</span></span></strong></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"><span style="line-height: 115%; font-family: "><br /> </span>To celebrate the unique taste of Kwiks Cheeseballs, Chaudhary Group launched a celebration campaign on its 25th anniversary. The Group launched the campaign with the slogan “Making people lick their fingers for last 25 years.”</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="Bank of Kathmandu" border="1" height="186" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bok(1).jpg" vspace="10" width="406" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">BoK AGM Approves 21.32 % Cash Dividend</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The 18th Annual General Meeting (AGM) of Bank of Kathmandu (BoK) Ltd held on 12th October approved five percent Bonus Share and 21.32 per cent Cash Dividend to its valued Shareholders. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">While highlighting the Bank’s overall progress in the Fiscal year 2068/069, Chairman of the Bank Narendra Kumar Basnyat stated that the bank managed to earn Operating Profit of Rs 883 million out of which Net Profit stood at Rs 607.7 million in the fiscal year. The total deposits at the end of the fiscal year 2068/069 summed to Rs 24.99 billion, an increment of 18.90 per cent in comparison to corresponding figure of last fiscal year. Similarly, loans and advances increased by 7.59 per cent at the end of the fiscal year 2068/069 with total lending of Rs 19.32 billion. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">During this period, the Bank also added four new branches which put the total number of its branches at 45. Moreover, the bank also runs seven extension counters throughout the country. Apart from this, the customers can utilize the facility of its network from 54 ATM counters. During the FY, the bank introduced attractive new products and services catering to different segments of customers and was actively involved in microfinance projects in various parts of the country, thus improving the microfinance business.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="harrison" border="1" height="146" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/cacci.jpg" vspace="10" width="406" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Harrison Wins CACCI – FNCCI Annual Golf Challenge</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Keith Harrison won the CACCI – FNCCI Annual Golf Challenge at Gokarna Golf Club. Harrison playing with 4 handicap scored 37 Stableford points to win the tournament over Deepak Rajbhandari and Rene Vijay Einhaus by two strokes. Deepak Rajbhandari finished runner-up on the count back whereas Rene Vijay Einhaus, 1 handicap Golfer got the best gross award with three over gross score (33 gross points). </span></span></p> <p class="Pa18" style="text-indent:14.0pt"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Rita Thapa bagged the best lady golfer award with the score of 27 points. Subodh Thapa won the group category among the CACCI members with 33 points and Pradeep Kumar Shrestha was Runner-up. Stephan Wong was winner among international participants of CACCI members. Prabhakar Adhikari received closest to the pin award, TG Shrestha got the longest drive prize and Rene Vijay Einhaus won most birdies award with five birdies. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 54 players took part in the tournament organized by Confederation of Asia- Pacific Chamber of Commerce and Industries (CACCI) and Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The tournament was played under Stableford format with 3/4 handicap.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Batas Appointed PETRONAS Distributor</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Batas Organization has been appointed the sole selling distributor of PETRONAS Lubricants (India) Pvt Ltd for Nepal, a wholly owned subsidiary of PETRONAS that stated lubricants operation in India in 2006. The objective of entering Nepal lubricant market is to give bring value position to its valued consumers and customers viz technology, high performance engine oils Euro IV & Euro V, higher drain intervals and eco friendly oils thus conserving the natural resources and huge savings to the consumer –high performance oils, said the company. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">PETRONAS Lubricants (India) Pvt Ltd is rated as the fastest growing lubricant company in India. It also plans to introduce a complete range of oils – mach-5 range for cars, URANIA for DEO range and sprinta range for MCO including SELENIA range of products and AKROS for tractors. 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5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A14"><span style="line-height: 115%; font-family: "><img alt="bajajtantra" border="1" height="117" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajaj(1).jpg" vspace="10" width="208" /><br /> </span></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Weekly Winners of Bajajtantra</span></span></span></strong></p> <p class="Default" style="line-height:10.05pt"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Hansraj Hulaschand and company, an authorized distributor of Bajaj motorbikes in Nepal, announced its fourth week winners of Bajajtantra - its latest offer scheme on the auspicious occasion of Dashain and Tihar 2069. List of prizes, names of the winners and their coupon numbers were as follows: </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Under this exciting offer that carried an equally exciting catchphrase ‘Vote kaslai, aafailai’, people could win an instant cash discount up to Rs 1 lakh through scratch at the time of buying any Bajaj bike and every week, seven consumers could participate on the scheme offer and win above mentioned gifts by voting for their desired prizes through lucky draw.<br /> <br /> <img alt="bajajyatra" border="1" height="228" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajajtantra.jpg" vspace="10" width="500" /><br /> <br /> <br /> <br /> <br /> <br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="springwood" border="1" height="160" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/spring.jpg" vspace="10" width="325" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Springwood Youthful Moments Declares Winners</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">‘Springwood Youthful Moments’, an online contest was hosted by Surya Nepal Pvt Ltd (SNPL) for its “Springwood” range of men’s garments. This contest began on 16th of July and ended on 9th of October. The participants had to take a photograph that depicted fun and exciting moments in their lives and submit it to enter the contest via an app created for Springwood’s Facebook Page. Those generating maximum likes on their uploaded photograph, were due to received gifts from Springwood. Those who sported Springwood garments for the photograph were given benefit of extra 10 per cent credit in the contest. The contest garnered huge popularity on the Springwood fan page on Facebook, which now boasts 10,149 fans. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 59 participants were shortlisted and Ganesh Gurung (with 732 likes on his picture) bagged the first prize of a Springwood gift voucher worth Rs 15,000. The 2nd position went to Avishek Mali (572 likes on his picture), who received a Rs 10,000 gift voucher and the 3rd position was won by Ratna Khadka (539 likes on his picture), who received a Rs 5,000 voucher. The consolation prizes of gift vouchers worth Rs 2000 each were won by Gopal Acharya, Carol Kanodia, Nikita Saraf, Yelin Hyoju, Swastik Raj Banjara, Anusha Shrestha and Jagannath Luitel.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <img alt="rana" border="1" height="214" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/rana(1).jpg" vspace="10" width="256" /></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Rana Wins Indian Ambassador's Cup</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Robin Rana won the Indian Ambassador's Cup Golf Tournament at Gokarna Golf Club. Rana playing with 14 handicap edged out Subodh Thapa by one point. Rana scored 42 stableford points to win the trophy; he got 21 points on the front nine and brought an identical score on the back nine. Thapa playing with 18 handicap scored 41 points, 21 points on the front nine and 20 points on the back nine to finish as the Runner-up. </span></span></p> <p> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Rene Vijay Einhaus won the best gross award with 33 gross points. Rekha Ghimire bagged Ladies trophy with 30 points and Kesang Lama finished second in the ladies with 29 points. KNS Thapa was the winner among the senior golfers aged 65 and above and Victory SJB Rana came second among the seniors. </span></span><span style="font-size:14px;"> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 64 golfers took part in the tournament played under stableford format with full handicap (maximum allowance 18). Indian Ambassador Jayanta Prasad, Chief of Army Staff Gaurav SJB Rana, and Vice President - Technical of Surya Nepal Pvt Ltd Sanjiv Gandhi gave away the prizes to the winners. Captain of the Gokarna Golf Club, Joseph Nathan was also present on the occasion.<br /> <br /> <br /> <br /> <strong><img alt="visa" border="1" height="100" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/visa.jpg" vspace="10" width="144" /><br /> </strong></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Visa Cards Discounts at Bhatbhateni</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Bhatbhateni Superstore provided discounts up to 10 per cent to the customers who pay their bills by Visa debit or credit card on the occasion of Dashain and Tihar. The Store provided this discount in association with Visa Worldwide. The discount could be availed at all six outlets of Bhatbhateni at Maharajganj, Patan, Bauddha, Koteswor and Bhatbhateni in Kathmandu valley and also in Pokhara. Buyers received the discount instantaneously upon paying the bill with Visa cards. The scheme started on 16 October and was valid for a month.<br /> <br /> <br /> <img alt="bajaj discover" border="1" height="137" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajajbike.jpg" vspace="10" width="217" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Bajaj Discover World’s Largest Selling Motorcycle</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Bajaj informed that its motorcycle Bajaj Discover became the world’s largest selling motorcycle. The company claimed that this was the result of successful technical and marketing aspects of Discover. The company recently launched Discover 125 ST, the latest model of Discover in the market.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="" border="1" height="112" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/marathon.jpg" vspace="10" width="240" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Sixth Real Kathmandu Marathon</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The 6th Real Kathmandu Marathon for this year was held on the 13 October. The theme of this year’s marathon was “Live Green, Breathe Clean”. The marathon had several categories such as Full and Half Marathons as well as Open, School and Wheelchair Events. The marathon started at 6:00 am from Dashrath Rangashala, Tripureswor amidst a huge number of excited participants. Taking all the race categories in consideration, there were 2,000 participants in total from all walks of life.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="real" border="1" height="139" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/real.jpg" vspace="10" width="208" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Real School of Nepal-2012</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Grand Finale of Real School of Nepal-2012 was held on 25 September. The five regional champions that competed in the Grand Finale were Eureka Residential Higher Secondary School from Dharan, Gandaki Higher Secondary Boarding school from Pokhara, Budhanilkantha Public Boarding School from Kathmandu, Sainik Awashiya Mahavidyalaya from Bhaktapur and Ideal Model Higher Secondary School from Lalitpur. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The winner of the Real School of Nepal 2012 was Ideal Model Higher Secondary School from Lalitpur. Eureka Residential Higher Secondary School from Dharan and Sainik Awashiya Mahavidayala from Bhaktapur were declared 1st and 2nd runner up respectively.</span></span></p>', 'published' => true, 'created' => '2012-12-21', 'modified' => '2012-12-21', 'keywords' => '', 'description' => 'Qatar Airways announced the introduction of an enhanced booking feature where customers can pay for reservations made on www.qatarairways.com at any Qatar Airways local office.', 'sortorder' => '653', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $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' => '846', 'article_category_id' => '34', 'title' => 'MAW 's Happy Win Year Offer', 'sub_title' => '', 'summary' => null, 'content' => '<p> <span style="font-family: arial, sans-serif; font-size: small; line-height: 16px;"><img align="left" alt="Morang Auto Works" height="248" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/maw_scheme.jpg" style="margin:0 10px 0 0;" width="220" />Morang Auto Works (</span>MAW), the sole distributor of Yamaha motorbikes, has launched a new campaign named “Happy Win Year” on the occasion of New Year 2013. According to the company, this offer is all about winning as it offers huge cash discounts on various ranges of Yamaha motorcycles like YBR110, YBR125, SS125, SZR, FZS, Enticer and LYM110. The cash discount is up to Rs 13,000 on cash or finance for each purchase.</p> <p> </p> <p> </p> <p> </p> <p> </p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Morang Auto Works (MAW), the sole distributor of Yamaha motorbikes, has launched a new campaign named “Happy Win Year” on the occasion of New Year 2013.', 'sortorder' => '731', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '835', 'article_category_id' => '34', 'title' => 'Ncell To Introduce Recharge Through Kiosks', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="left" alt="Ncell Recharge" height="413" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/ncell_recharge(1).jpg" style="text-align: justify; margin: 0px 10px 10px 0px;" width="230" /></p> <p style="text-align: justify;"> Ncell is going to introduce a new facility that will enable its customers to recharge balances through kiosk machines. According to the company, Ncell customers can top-up their balance themselves by inserting bank notes of Rs 20 denomination or above in the inlet of kiosks. </p> <p style="text-align: justify;"> “The customers can recharge whatever amount they are comfortable with, starting from Rs 20, by inserting appropriate bank notes,” reads the official press statement.</p> <p style="text-align: justify;"> Ncell plans to install the facility first in the Kathmandu Valley, and expand it outside later. The company plans to install 40 kiosks in different parts of the valley in the initial phase.“Recharge Kiosks will be the first facility of its kind in Nepal. They will ease and empower the customers greatly. Hence, we feel glad for being able to serve the customers in a new way,” said Sanju Koirala, Corporate Communication Director at Ncell.</p> <p style="text-align: justify;"> According to the company, once the new facility is introduced, the customers will not need to rely on recharge cards alone to top up the balance. It will also assure that the customers get full recharge for the money they pay at maximum retail price (MRP).To recharge via kiosks, Ncell customers would first need to choose the language (‘Nepali’ or ‘English’), then select Ncell (the service provider’s name) displayed on the screen and enter the 10-digit mobile number they wish to recharge.</p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Ncell is going to introduce a new facility that will enable its customers to recharge balances through kiosk machines.', 'sortorder' => '721', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '834', 'article_category_id' => '34', 'title' => 'Samsung Mobile Expo Concludes', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="" alt="Samsung Mobile Expo" height="308" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/samsung_mobileExpo.jpg" style="margin:0 0 10px 10px;" width="500" /></p> <p style="text-align: justify;"> Samsung Mobile Expo 2013 concluded on January 29 registering a turnover of Rs 100 million during the weeklong exhibition held at Civil Mall, Sudhara. According to the organisers, some 230,000 visitors attended the expo. </p> <p style="text-align: justify;"> More than 25 mobile companies participated in the expo showcasing their products in over 62 stalls. According to Purushottam Basnet, President of Mobile Traders Association of Nepal – the organiser- the expo themed ‘Sanchar nai sansar’ was successful, because of the overwhelming response from the visitors. </p> <p style="text-align: justify;"> The expo marked the presence of brands such as Samsung, Nokia, Carbon, LG, Spice, Colors, and Sony, among others. The expo was a perfect destination to see and understand the latest technologies in the mobile phone industry and purchase gadgets like smartphones and tablets. Exhibitors also offered attractive offers, including discounts, on the purchases. Various attractive gift hampers were also given away as the door prize for the visitors. </p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-03-15', 'keywords' => '', 'description' => 'Samsung Mobile Expo 2013 concluded on January 29 registering a turnover of Rs 100 million during the weeklong exhibition held at Civil Mall, Sudhara.', 'sortorder' => '720', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '833', 'article_category_id' => '34', 'title' => 'Tourist Arrivals Decline After 3.5 Years', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> Tourist arrivals for January witnessed a sharp slump compared to the same month of 2012. According to the figures released by the Immigration Office, Tribhuvan International Airport (TIA), the tourist arrivals reached 35,330 with a 15.9 per cent decline in January this year compared to the same month last year.</p> <p style="text-align: justify;"> According to the official press statement issued by Nepal Tourism Board (NTB), major source markets have recorded negative growths in tourist arrivals in the first month of 2013. “In the SAARC region, only Pakistan has recorded a positive growth of 5.8 per cent. India which constitutes the major market of Nepal, has recorded a negative growth of 26.1 per cent. Arrivals from Bangladesh and Sri Lanka have also registered negative a growth by 62.6 per cent and 42.6 per cent respectively,” reads the statement.</p> <p style="text-align: justify;"> Tourist arrivals from other Asian countries have also registered a negative growth of 16.4 per cent on average. According to NTB, tourist arrivals from China have decreased by a whopping 40.3 per cent whereas the arrivals from Japan, Singapore, Thailand, Malaysia and South Korea have increased by 16.8, 10.3, 4.3, 42.6 and 11.2 per cent respectively.</p> <p style="text-align: justify;"> An overall negative growth of 15 per cent has been observed from the European market while tourist arrivals from Australia, New Zealand and the USA have registered growths of 27.3, 25, and 13 per cent respectively. A negative growth of 27.4 per cent has been recorded from Canada in January 2013 compared to January 2012, says the press release.</p> <p style="text-align: justify;"> A total of 45,667 foreign tourists departed from TIA in January 2013. The number of Nepali arrivals stood at 69,442 while 91,281 Nepalis departed from TIA in January 2013.</p> <div style="text-align: justify;"> </div>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Major source markets have recorded negative growths in tourist arrivals in the first month of 2013. India which constitutes the major market of Nepal, has recorded a negative growth of 26.1 per cent.', 'sortorder' => '719', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '801', 'article_category_id' => '34', 'title' => 'Simrik Air’s Fleet Expansion Plan', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="120" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/simrikAir.jpg" style="margin:0 10px 10px 0;padding:5px;" width="227" />The private airline company, Simrik Air has announced to expand its fleet of choppers to six within two years. “We want to develop our company as a ‘rescue hub’ worldwide,” said Capt Rameshwor Thapa, Executive Chairman of Simrik Air. The company is set to sell the two existing BK-117 helicopters and bring in new six-seat small helicopters. “We have been providing the best chopper services to the major tourism destinations and it makes us the first proud airline, outside the West, to boast such helicopters in the fleet,” Thapa said. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The private airline company, Simrik Air has announced to expand its fleet of choppers to six within two years. “We want to develop our company as a ‘rescue hub’ worldwide,” said Capt Rameshwor Thapa, Executive Chairman of Simrik Air.', 'sortorder' => '688', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '800', 'article_category_id' => '34', 'title' => 'Namaste To Fly Domestic Sky In 3 Months', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p style="text-align: justify;"> Namaste Air, a newly licensed domestic airline, is making preparations to start flying on the domestic routes within three months. The company received the Air Operator’s Certificate (AOC) towards the end of 2012. AOC is the go-ahead document from the Civil Aviation Authority of Nepal (CAAN).</p> <p style="text-align: justify;"> According to Raju KC (Khatri), Executive Chairman of the company, internal preparations are underway to start flights at the earliest. “Currently we are doing the groundwork to commence flights with two 78-seater ATR-72,” he said.</p> <p style="text-align: justify;"> Namaste Air is also speeding up its internal infrastructure development and training pilots and co-pilots. According to KC, the company is collaborating with an American company named Pentagon Capital to bring two ATR aircraft at the first stage. He said his company has received CAAN’s permission to bring the craft and has already sent US $ 60,000 to the supplier of the craft a month ago. </p> <p style="text-align: justify;"> KC also claimed that the company is to import airplanes of the latest model that no Nepali Airline possesses so far. According to him, the model is 2007 and the craft has flown for just about 5 years. Initially, two airplanes will be imported and then after 2-3 months other two 42-seater ATR-42 will be purchased. </p> <p style="text-align: justify;"> Namaste Air has said that it will bring the airplanes on lease but plans to acquire the full ownership soon. </p> <p style="text-align: justify;"> The company has permission to operate flights to eight trunk routes of Nepal—Pokhara, Biratnagar, Chandragadhi, Nepalgunj, Kathmandu, Tumlingtar and Dhangadhi from its base in Bhairahawa. “We will compete with the airlines that are currently operating in Nepal,” said KC. According to the existing rules, a company seeking to start an airline service has to have a paid-up capital of Rs150 million and furnish a bank guarantee worth Rs 200,000. Namaste Air will have a challenge to compete with major airlines such as Buddha Air and Yeti Air that have been flying on the trunk routes. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The company is to import airplanes of the latest model that no Nepali Airline possesses so far. Initially, two airplanes will be imported and then after 2-3 months other two 42-seater ATR-42 will be purchased', 'sortorder' => '687', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '799', 'article_category_id' => '34', 'title' => 'Int’l Airlines Can Now Operate 14 More Flights A Week', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p style="text-align: justify;"> The Ministry of Tourism and Civil Aviation (MoTCA) has allowed 14 more international flights a week to each of the international airlines currently providing their service in Nepal. According to Suresh Acharya, Under Secretary at MoTCA, although they were bound by the Air Service Agreement (ASA) in case of seat capacity, they were not allowed to increase flight numbers. He said “This type of permission is temporary and is valid until the review of the ASA.” International airlines serving in Nepal will be able to add more flights from 1st January 2013. Previously, more flight permission was given during Lumbini Visit Year 2012 and Nepal Tourism Year 2011. The 2012-permission to 10-more-flights-a-week expired on 31st December 2012. </p> <p style="text-align: justify;"> The permission has been given to ease the international airlines operational in Nepal for New Year 2013. The airlines of 16 countries that are providing their service in Nepal at present will benefit from this decision. MoTCA had given additional flight permissions in 2007 and 2008 as well. Though 32 airlines from 16 countries have received the permission to operate international flights to and from Nepal, only 29 are in service at present. Airlines from countries like the UAE, China, Pakistan, Australia, Bhutan, Saudi Arabia, UK, Russia, Japan etc will benefit from the permission. </p> <div> </div>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'International airlines serving in Nepal will be able to add more flights from 1st January 2013. Previously, more flight permission was given during Lumbini Visit Year 2012 and Nepal Tourism Year 2011.', 'sortorder' => '686', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '798', 'article_category_id' => '34', 'title' => 'Surya Nepal Announced Entrepreneurship Award 2012', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> Surya Nepal Pvt Ltd awarded the Asha Social Entrepreneurship Award (SNASEA) to 12 Nepali entrepreneurs who created value for the ‘People, Planet and Profit’ on December 18, 2012. It awarded five industrialists; Shanti Shakya Dolma of Kakani Himalayan Natural Dyes, Chiranjeevi Poudel of Seeing Hands Clinic, Dr Bishal Dhakal of Health at Home Private Limited (HHPL), Prachanda Shakya of Nepal Traditional Handicraft Training Centre and Jasmaya Pun of Hampaal Allo Tatha Kapada Bunai Udhyog in the ‘Hidden Heroes’ category. These five winners will each get a package which includes cash prize from Surya Nepal Private Limited along with the opportunity of networking through ChangeFusion Nepal. Similarly in the ‘Agents of Change’ category, it awarded Govinda Ghimire of Alternative Herbal Pvt Ltd, Tara Baskota Adhikari of Shangri-La Agro World and Som Prasad Gauchan of Everest Tea Estate Pvt Ltd. Likewise, SNASEA 2012’s additional recognition - ‘NBI Agent of Change’ awarded to Himalayan Naturals Pvt Ltd, Lotus Holdings Pvt Ltd, Women Support Saving and Credit Cooperative Society Ltd and Brihat Investments Pvt Ltd for businesses that support startups, assist enterprise development and promote the culture of entrepreneurship in Nepal. According to Surya Nepal, All the winners were selected after an intense process of evaluation amongst 84 applicants.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Surya Nepal Pvt Ltd awarded the Asha Social Entrepreneurship Award (SNASEA) to 12 Nepali entrepreneurs who created value for the ‘People, Planet and Profit’ on December 18, 2012. It awarded five industrialists; Shanti Shakya Dolma of Kakani Himalayan Natural Dyes, Chiranjeevi Poudel of Seeing Hands Clinic, Dr Bishal Dhakal of Health at Home Private Limited (HHPL), Prachanda Shakya of Nepal Traditional Handicraft Training Centre and Jasmaya Pun of Hampaal Allo Tatha Kapada Bunai Udhyog in the ‘Hidden Heroes’ category.', 'sortorder' => '685', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '797', 'article_category_id' => '34', 'title' => 'EBL Appoints Sadichha Shrestha As Brand Ambassador', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="215" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/everestBank.jpg" style="margin:0 10px 10px 0; padding:5px;" width="250" /></p> <p style="text-align: justify;"> Everest Bank Ltd (EBL) has appointed Miss Nepal 2010 Sadichha Shrestha as the Brand Ambassador to promote its brand, products and services. The bank has also launched a new deposit product called ‘Sadichha Deposit’ targeting young people. Parents, too, can open the account in the name of their children. According to EBL, this is the recurring type of deposit in which the children are given 0.50 per cent additional interest than the normal published rate. Besides, for every account, the bank will be providing Rs 5 in order to create a fund for the helpless and needy. Every year on EBL’s annual day function, the fund will be donated to orphanages, schools, child activists etc.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Everest Bank Ltd (EBL) has appointed Miss Nepal 2010 Sadichha Shrestha as the Brand Ambassador to promote its brand, products and services. The bank has also launched a new deposit product called ‘Sadichha Deposit’ targeting young people.', 'sortorder' => '684', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '796', 'article_category_id' => '34', 'title' => 'Chinese Investors Meet FNCCI Team', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> A visiting business delegation of Chinese investors has shown interest to invest in Nepal. In a meeting with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the visiting delegation held talks on bilateral trade relationship and on possible Chinese investment in sectors such as tourism, infrastructure development, hydropower, minerals and agriculture. FNCCI’s Senior Vice-President Bhaskar Raj Rajkarnikar led the FNCCI team while the Vice-President of China Council for Promotion of International Trade (CCPIT), Gaungdong Luo Bingzhi, led the Chinese delegation in the meeting. The meeting further discussed the possibilities and ways to lower Nepal’s trade deficit with China. FNCCI decided to utilize the customs duty waiver given by the Chinese government on various 4,721 Nepali goods. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'A visiting business delegation of Chinese investors has shown interest to invest in Nepal. In a meeting with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the visiting delegation held talks on bilateral trade relationship and on possible Chinese investment in sectors such as tourism, infrastructure development, hydropower, minerals and agriculture.', 'sortorder' => '683', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '795', 'article_category_id' => '34', 'title' => 'Yamaha’s Facebook Campaign', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="97" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/yamahaOffer.jpg" style="margin:0 10px 10px 0; padding:5px; border:none;" width="121" />Yamaha Nepal has launched ‘Yamaha Like My Style’—a Facebook campaign to promote its bikes and establish an effective communcation channel with its customers. At the launching program, Managing Director of MAW Enterprises, Vishnu K Agarwal, said the campaign has been launched as Facebook is the most effective medium to promote products these days. “We hope our Facebook page will be an effective way to communicate with our customers, to provide information about the products of Yamaha and also to get fast feedback from them. Further, it will help to provide safety tips and help to create awareness on safe riding,” said Agarwal.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Yamaha Nepal has launched ‘Yamaha Like My Style’—a Facebook campaign to promote its bikes and establish an effective communcation channel with its customers.', 'sortorder' => '682', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '794', 'article_category_id' => '34', 'title' => 'KK Super Mart To Open 15 Stores By 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <span style="text-align: justify;">KK Super Mart Nepal, a chain of local convenience stores, is planning to open 15 stores by 2013. It targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati lately. KK Super Mart Nepal operates 365 days a year and 16 hours a day with the vision to “Serve U with a smile.” The super market offers over 3,500 high quality products at the most competitive prices. They offer products ranging from every-day grocery goods to personal care, toiletries, household products, over-the-counter medicines, beverages, liquor, recharge cards, pet food, among others.</span></p> <p style="text-align: justify;"> It has got the technical assistance from KK Super Mart Malaysia, the flagship business for KK Group of companies which owns and runs 125 outlets in Malaysia. It was established in 2001. According to the company, Nepal has been chosen as the first overseas destination due to the emerging economy in Nepal. KK Super Mart Nepal was officially inaugurated by Mayor of Putrajaya Tan Sri Dato Seri, Dr. Aseh Bin Che Mat, Founder of KK Super Mart Dato’ Dr. Douglas KK Chai, President of Malaysia-Nepal Business Council Dato Pardip Kumar Kukreja, President of Nepal-Malaysia Business Council Mr. Suhrid Ghimire, and Managing Director of Yeti Airlines Mr. Ang Tshiring Sherpa. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'KK Super Mart Nepal, a chain of local convenience stores, is planning to open 15 stores by 2013. It targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati lately.', 'sortorder' => '681', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '765', 'article_category_id' => '34', 'title' => 'Public Sector November 2012', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> 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rgb(34, 30, 31);"><img alt="german ambassador" border="1" height="261" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/german.jpg" vspace="10" width="344" /><br /> <strong>German Ambassador Frank Meyke with Vice President of Nepal Paramananda Jha at the reception held to celebrate the Day of German Unity.</strong></span></span></p> <p> </p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A14"><span style="line-height: 115%; font-family: "Calibri","sans-serif";"><br /> <br /> <img alt="wto" border="1" height="104" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/WTO.jpg" vspace="10" width="135" /><br /> </span></span></span></strong></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">WTO Assistance on Herb Exports</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The World Trade Organization (WTO) is providing financial assistance to the government to ease the exports of Nepali medicinal herbs to the international market. "The Enhanced Integrated Framework (EIF) of WTO has assured us assistance for the international marketing of herbs," informed Toya Narayan Gyawali, Joint Secretary at the Ministry of Commerce and Supply (MoCS). Nepal Trade Integration Strategy (NTIS) 2010 is gearing to submit a proposal to the EIF in order to get its assistance for improvement of forward and backward linkages. The financial aid received from EIF will be utilised for enhancement of international market prospects, to increase the capacity of farmers and entrepreneurs, and for designing of products and packaging. After ginger and pashmina, the Nepali medicinal herb is the third product to seek EIF assistance to prosper linkages. The ministry is looking for EIF assistance to propel Nepali medicinal herbs and the Government of Nepal has already received Rs 110 million from EIF to enhance production and processing of ginger, Gyawali said. According to the statistics of Trade and Export Promotion Centre (TEPC), Nepal exported medicinal herbs worth Rs 710 million in fiscal year 2010/11. Nepali medicinal herbs have found a few lucrative destinations for the exports in USA, France, Germany, Vietnam, Singapore, Japan, Italy, Russia, Belgium and South Korea.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Foreign Investors Upbeat about Hydropower Sector</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) have informed that investors from Korea, Philippines and Taiwan have shown interest to invest in the hydropower sector. "The recently concluded three-day regional conference of Asia- Pacific Chambers of Commerce and Industry (CACCI) provided a platform to know about the foreign investors' interest in Nepal's hydropower sector,” said Gyanendra Lal Pradhan, Chairperson of Energy Committee at FNCCI. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">President Dr Ram Baran Yadav had inaugurated the conference and acknowledged the private sector's role in strengthening the country´s economy. He further made an appeal to all the business leaders to invest in Nepal. "The conference is fruitful not just for Nepal but also for the entire region," said Suraj Vaidya, President of the FNCCI. At the conference, Benedict V Yujuico, an investor from Philippines and the President of CACCI, said he is investing US$ 5 million in Nepal´s hydropower sector. His investment would be in Upper Mai Hydroelectric Project (9.98 MW), which is being developed by High Himalaya Hydro Company. Top–notch businessmen of the region, who gathered in Kathmandu for the 26th conference of CACCI, admitted there were structural problems in Nepal´s hydropower sector. “There are security risks at the project sites in Nepal. The volatile political situation is always a big threat for us to work,” said Dilip Singh, General Manager of Himal Hydropower Company, during a panel discussion.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">At the conference, Benedict V Yujuico, an investor from Philippines and the President of CACCI, said he is investing US$ 5 million in Nepal´s hydropower sector.</span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%; font-family: "Calibri","sans-serif";"> </span></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Four Hydro Projects’ PDA to be Signed</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Investment Board (IB) is all set to sign Project Development Agreement (PDA) with four hydropower projects. According to a release from the Board, a meeting held between the Board and project promoters concentrated on the legal provisions of the agreement. Earlier, the Board had handed over the draft of the agreement over to the project promoters. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The promoters, who have been demanding the Board for the PDA for some time now, expressed their individual views on the shortcomings of the draft in the meeting. The project promoters said that the indecisiveness of the government is impeding the projects. "The interruption in the PDA has delayed the construction of the project by one and a half years," said one of the promoters. He further said that the tender process for constructing road to the project site has also been interrupted due to the delay in PDA. The Board is preparing to sign PDA with Tamakoshi III (650 MW), Upper Karnali (900 MW), Upper Marsyangdi (600 MW) and Arun -III (900 MW) hydro projects. The government took more than two years to prepare the draft of the PDA. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The signing of the PDA will facilitate the production of 3,000 MW electricity from four big projects put forth by the board. The government has prepared the draft after foreign investors expressed their insecurities over their investment. The investors have grown insecure owing to the frequent changes in laws and policies regarding hydropower. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The government had taken the cabinet decision in April 2010 regarding the preparation of the PDA draft of the projects and appointed Harvard Smith, a British law consultant for the purpose. The PDA model incorporates the provisions for free energy, incentives for the state, facilities to be provided by the state, and security among various other aspects.</span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></strong></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Cabinet Shuffles Secretaries</span></span></span></strong></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The government has promoted some joint secretaries and transferred secretaries at various ministries and government offices through a cabinet meeting held on October 18.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"> </span><img alt="cabinet" border="1" height="370" 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mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Non-life Insurance Companies Register 11 Per Cent Profit</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">In the last fiscal year 2011/12, the non-life insurance companies have earned 11 per cent net profit out of the total insurance premium collected. "Out of total Rs 6.73 billion insurance premium earned, non-life insurance companies made a profit of Rs 728.6 million. It is a good profit and companies who have managed their managerial cost well have made encouraging profit,” said Binod Aryal, Executive Director of the Insurance Board (IB).</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">In the last fiscal year, Sagarmatha Insurance (SI) made the highest profit among non-life insurance companies. SI made a profit of more than 20 per cent of its total insurance premium collected. The company earned Rs 641.9 million out of which its profit amounted to Rs 131.7 million.</span></p> <p> <span style="font-size:10.0pt; mso-bidi-font-family:"Myriad Pro";color:#221E1F">Bharat Basnyat, CEO of the company said the managerial cost of the company is less than nine per cent of the total insurance premium collected and that enabled the company to make high profit. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">According to the IB, the profit of non-life insurance companies has been increasing since the last two years. In fiscal year 2010/11, these companies’ profit increased by 16 per cent compared to the previous fiscal year. Likewise, in fiscal year 2011/12, the profit increased by 33 per cent compared to the fiscal year 2010/11.</span></p> <p class="MsoNormal"> <span class="A1"><span style="font-size:11.5pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">In fiscal year 2011/12, the profit of non-life insurance companies increased by 33 per cent compared to the fiscal year 2010/11.</span></span></p> <p class="MsoNormal"> <span class="A1"><span style="font-size:11.5pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro""> <br /> <br /> <img alt="JCB" border="1" height="170" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/JCB.jpg" vspace="10" width="309" /><br /> </span></span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">JCB Operator Meet in Dhangadhi</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">M.A.W. Enterprises Pvt Ltd JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Dhangadhi on 3 October. “The main objective behind this event is to educate and update operators about proactive maintenance,” said the Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners as well.” </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Operators were educated and made aware about operating machine safely and in a trouble-free manner so that they can increase the life of their machines. They were also educated about taking care of their machines in order to minimize the unforeseen breakdowns arising in the future. Benefits of using genuine parts against spurious parts were also shared with the operators.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <br /> <img alt="hasyayatra" border="1" height="169" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/hasyayatra.jpg" vspace="10" width="133" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">IME Haasya Yatra</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">IME's direct marketing campaign "IME Haasya Yatra...Byroad ko Batoma" organized in association with Global IME Bank in promotion of Indo- Nepal remittance service continued in western Nepal in the month of October as well. The Roadshow with popular comedians Deepak Raj Giri and Deepa Shree Niraula showcased their performances in Salyan on October 1st, Tulsipur on October 2nd, Surkhet on October 3rd, Nepalgunj and Gularia on October 4th, Dhangadi on October 6th, Dadeldhura and Baitadi on October 7th, Mangalsen on October 8th, Sandikharka and Tamghas on October 11th, Tansen on October 12th, Syangja on October 13th, Baglung on October 14th and finally in Damauli on October 15th.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">JMT and Norvic Host World Heart Day 2012 Programme</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">Jayanti Memorial Trust (JMT) and Norvic International Hospital hosted a World Heart Day 2012 programme on 29 September. JMT has been actively contributing to the nation’s social service sector from the past decade by sponsoring treatment for less fortunate cardiac patients, raising public awareness on cardio and cardiac diseases, conducting free heart camps for the screening of any possible prevalent cardio or cardiac diseases and Continuing Medical Education (CME) for the national cardiologists with the support from International experts. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Apart from counseling and providing guidance to less fortunate cardiac patients at Gangalal National Heart Centre and Manamohan Cardio Thoracic Centre through its social service room, JMT has also collaborated with various organization and institution such as Banks, Hotels, Hospitals, Alumni etc in building awareness regarding various forms of cardio and cardiac diseases, through screensavers, awareness posters and radio jingles. JMT has been conducting programs on the occasion of the World Heart Day with Norvic International Hospital in the past as well.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="seeingisbelieving" border="1" height="107" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/worldsightday.jpg" vspace="10" width="198" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Standard Chartered Celebrates World Sight Day</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">mark World Sight Day 2012, Standard Chartered Bank Nepal Limited organised various initiatives aimed at building awareness among the people. World Sight Day is celebrated annually on the second Thursday of October to raise awareness of visual impairment. The Bank is also in the process of entering into agreements with Tilganga Institute of Ophthalmology (TIO) and other Eye Hospitals to sponsor cataract surgeries targeting underprivileged and economically backward people of Nepal. </span></p> <p class="Pa18" style="text-indent:14.0pt"> <span style="font-size:10.0pt; mso-bidi-font-family:"Myriad Pro";color:#221E1F">Earlier, with a view to reinforce the Seeing is Believing agenda in Nepal, Standard Chartered Group had extended a financial assistance of US$ 1.1 million for construction of Biratnagar Eye Hospital in Biratnagar under the Eastern Region Eye Care Programme. SCB Nepal, in the year 2011, signed an agreement with TIO to sponsor 1,000 cataract surgeries between 2011/12. SCB Nepal has so far been instrumental in restoration of sights of over 6,000 poor and underprivileged people since the launch of the campaign in year 2003. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">‘Seeing is Believing’ is a global initiative to help tackle avoidable blindness, and is a collaboration between Standard Chartered and the International Agency for Prevention of Blindness (IAPB). To date, Seeing is Believing has raised over US$ 50 million for blindness initiatives and plans to raise a further US$ 50 million by 2020. Seeing is Believing is the single largest contributor to the development of Vision 2020 programmes through IAPB. As part of the Seeing is Believing programme, Standard Chartered pledges to match all donations until the target of US$ 100 million is reached.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="yamaha" border="1" height="71" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/yamaha(1).jpg" vspace="10" width="324" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Yamaha Safe Riding Science</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Yamaha organized ‘Yamaha Safe Riding Science (YSRS)’ at Kings College, Babarmahal on Oct 1. More than 60 students participated in the workshop. The objective of the one-day program was to increase road safety awareness for bike riders through theoretical and practical sessions by trained YSRS instructors. Students were informed about causes of accidents, precautions to take while riding, proper riding posture and other similar issues.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="standard chartered" border="1" height="178" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/standardcharteredbank.jpg" vspace="10" width="271" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Standard Chartered Bank Awards Scholarships</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">In line with the Bank’s focus on youth and education, Standard Chartered Bank Nepal found an good opportunity through VISCOSS – Nepal (Village School-College Students Scholarship Project – Nepal), to reach the village schools and be able to support the deserving students of Shree Mahendra Shanti High School, Balkot, Bhaktapur. The Bank has been providing scholarship to 15 deserving students of this school since 2002 and it awarded the scholarships to meritorious students for academic year 2068/69. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Diwakar Poudel, Head of Corporate Affairs of the Bank, gave away the scholarships at a function organized at the school. Dipak Kafle, the District Education Officer, was also present on the occasion and gave away other various prizes to students during the function. Speaking on the occasion, Poudel congratulated the recipients of the scholarships and encouraged them to grow up to be responsible citizens of the country. He also assured the school to provide other feasible support in the coming year. The Bank earlier had provided the school with 20 units of computers for facilitating computer education to the students. The Principal of the school thanked the Bank and VISCOSS Nepal for the support being provided to the school and the children.</span></p>', 'published' => true, 'created' => '2012-12-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'In the last fiscal year 2011/12, the non-life insurance companies have earned 11 per cent net profit out of the total insurance premium collected. "Out of total Rs 6.73 billion insurance premium earned, non-life insurance companies made a profit of Rs 728.6 million. 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style="line-height: 115%;">Corporate</span></span></strong></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;"><img alt="qatar" border="1" height="81" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/qatar(7).jpg" vspace="10" width="284" /><br /> Qatar Airways Introduces New Payment Options</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Qatar Airways announced the introduction of an enhanced booking feature where customers can pay for reservations made on www.qatarairways.com at any Qatar Airways local office. </span></span></p> <p> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The new solution offers greater flexibility to passengers who can now create bookings online and pay for these bookings in cash at a local Qatar Airways reservations and ticketing office. The payment must be completed within 24 hours of creating the booking on www.qatarairways.com. Once payment for the booking is made, passengers can then check-in online and also select their preferred seat and meals. Passengers who prefer to pay with credit cards can still complete their travel arrangements online.<br /> <br /> Qatar Airways Chief Executive Officer Akbar Al Baker said that the new feature was introduced to give passengers more payment choices. “Our passengers want to be able to book online 24/7 and instantly access our latest offers. So, this solution is both user friendly and gives passengers greater flexibility.” </span> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Doha-based Qatar Airways recently launched its new-look, customer-focused, interactive website, designed for a complete user-friendly experience. The website ensures seamless, easy and quick navigation through various pages, making booking with Qatar Airways effortless. Clicking on the interactive route map, passengers can easily choose their next travel destination and directly proceed to booking. In addition to getting updated on their current flight status, passengers can select additional services with various hotel and car partners and even book a holiday package.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <br /> <img alt="anichyoing" border="1" height="138" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/anichyong(1).jpg" vspace="10" width="268" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;">Ani Choying Drolma and Shristi Shrestha Brand Ambassadors of BB Airways</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);"><span style="line-height: 115%;"> </span>BB Airways brought beauty and Buddha together signing Miss Nepal 2012 Shristi Shrestha, and singer and philanthropist Ani Choying Drolma as its brand ambassadors. “Drolma is an icon of Buddhism in modern Nepal and Shrestha represents the beauty of Nepal,” said Shishir Bhatta, the Managing Director of BB Airways. He added, “It goes with our motto of combining spiritualism with modernity.” </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">BB Airways is promoted by Non-resident Nepali entrepreneur Bhaban Bhatta who owns numerous businesses in Japan and Nepal. He is the treasurer of the International Coordination Council of Non-Resident Nepali Association and has been Japan chairman of the association.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><br /> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <br /> </span></strong></span></p> <p class="Pa8"> <span style="font-size:14px;"><strong><span class="A12">Oktoberfest at Radisson </span></strong></span></p> <p class="Pa8"> <span style="font-size:14px;"><br /> </span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Radisson Hotel hosted Oktoberfest at its newest outlet, The Terrace Garden, on Fridays and October 12 and 13. The celebration included festive specialty buffet from German cuisine for Rs 1,299 plus taxes per person including free flow of Carlsberg beer from 6pm to 10pm. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">“Oktoberfest at Radisson is for tourists to make them feel at home during the festive season and to promote our newly opened outlet The Terrace Garden which has a seating capacity of 70 people,” said Kabir Jung Thapa, Director of Food and Beverage at Radisson, adding, “The buffet includes imported meat items, mostly sausages with varieties of bread.” </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Starters, soups, live barbeque, carving station and desserts included German potato salad, mixed grain salad; roasted beetroot, walnut and goat cheese salad, red slow salad, homemade Sauerkraut, Sauerkraut Beer Soup with Frankfurters, Gammon with grain mustard, Frankfurter, Bratwurst and Whitwurst, Getreide Meal Laib (meat loaf), barbeque pork ribs, Bratwurst, Dark Beer marinated barbeque chicken, Speck Kuchen (Bacon Cake), Chicken Paprikash, Grilled Snapper with almond butter, Bavarian Cream with Plum Compote, Apple and Rum Custard Cake. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%;">The celebration included festive specialty buffet from German cuisine for Rs 1,299 plus taxes per person including free flow of Carlsberg beer from 6pm to 10pm.</span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%;"> <br /> <img alt="everest bank" border="1" height="87" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/everestbank.jpg" vspace="10" width="281" /><br /> </span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;">Everest Bank Announces 17 % Net Profit</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Board of Directors of Everest Bank Limited, in a Board Meeting held on 20 September, approved and signed the audited Balance Sheet for the year ended Asadh 2069. The Board noted that the Bank has highest EPS (Earning per Share) of Rs 88.55 among all the Banks in the country; highest reserves (as percentage of Paid-Up Capital) at 228 per cent and one of the lowest NPA. It further noted that the net profit of the Bank has gone up by 17 per cent to Rs 109.05 crores. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">he Board also noted that as part of its innovative services, the Bank has recently opened five automatic Cash Deposit Kiosks and started trial innovative banking services through mobile phones (branded as Mobile ATM).<br /> <br /> <br /> </span></span></p> <p> </p> <p> </p> <p> <span style="font-size:14px;"><img alt="fiat" border="1" height="147" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/fiat(1).jpg" vspace="10" width="150" /><br /> </span></p> <p> </p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Fiat Free Check-up Camp<br /> <br /> </span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Batas Brother Motors Pvt Ltd, the sole distributor of FIAT cars for Nepal, organized Free Check-up Camp for all FIAT cars on 2nd and 3rd of October in their modern service center situated at Basundhara, Kathmandu. All FIAT customers had free vehicle check-up, special discounts on top up of oils, coolants, battery fluids, spare parts and labour charges. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Batas Brothers Motors Pvt Ltd has been distributing FIAT cars in Nepal and the popular models are Linea and Punto. Deputy GM Alok Josee said due to the growing popularity of FIAT vehicles, Batas Organization has been doing various activities and events to provide added services to its valued customers.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="Kwiks" border="1" height="98" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/kwiks.jpg" vspace="10" width="230" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Kwiks Cheeseballs Celebrates 25 Years</span></span></strong></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"><span style="line-height: 115%; font-family: "><br /> </span>To celebrate the unique taste of Kwiks Cheeseballs, Chaudhary Group launched a celebration campaign on its 25th anniversary. The Group launched the campaign with the slogan “Making people lick their fingers for last 25 years.”</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="Bank of Kathmandu" border="1" height="186" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bok(1).jpg" vspace="10" width="406" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">BoK AGM Approves 21.32 % Cash Dividend</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The 18th Annual General Meeting (AGM) of Bank of Kathmandu (BoK) Ltd held on 12th October approved five percent Bonus Share and 21.32 per cent Cash Dividend to its valued Shareholders. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">While highlighting the Bank’s overall progress in the Fiscal year 2068/069, Chairman of the Bank Narendra Kumar Basnyat stated that the bank managed to earn Operating Profit of Rs 883 million out of which Net Profit stood at Rs 607.7 million in the fiscal year. The total deposits at the end of the fiscal year 2068/069 summed to Rs 24.99 billion, an increment of 18.90 per cent in comparison to corresponding figure of last fiscal year. Similarly, loans and advances increased by 7.59 per cent at the end of the fiscal year 2068/069 with total lending of Rs 19.32 billion. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">During this period, the Bank also added four new branches which put the total number of its branches at 45. Moreover, the bank also runs seven extension counters throughout the country. Apart from this, the customers can utilize the facility of its network from 54 ATM counters. During the FY, the bank introduced attractive new products and services catering to different segments of customers and was actively involved in microfinance projects in various parts of the country, thus improving the microfinance business.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="harrison" border="1" height="146" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/cacci.jpg" vspace="10" width="406" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Harrison Wins CACCI – FNCCI Annual Golf Challenge</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Keith Harrison won the CACCI – FNCCI Annual Golf Challenge at Gokarna Golf Club. Harrison playing with 4 handicap scored 37 Stableford points to win the tournament over Deepak Rajbhandari and Rene Vijay Einhaus by two strokes. Deepak Rajbhandari finished runner-up on the count back whereas Rene Vijay Einhaus, 1 handicap Golfer got the best gross award with three over gross score (33 gross points). </span></span></p> <p class="Pa18" style="text-indent:14.0pt"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Rita Thapa bagged the best lady golfer award with the score of 27 points. Subodh Thapa won the group category among the CACCI members with 33 points and Pradeep Kumar Shrestha was Runner-up. Stephan Wong was winner among international participants of CACCI members. Prabhakar Adhikari received closest to the pin award, TG Shrestha got the longest drive prize and Rene Vijay Einhaus won most birdies award with five birdies. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 54 players took part in the tournament organized by Confederation of Asia- Pacific Chamber of Commerce and Industries (CACCI) and Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The tournament was played under Stableford format with 3/4 handicap.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Batas Appointed PETRONAS Distributor</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Batas Organization has been appointed the sole selling distributor of PETRONAS Lubricants (India) Pvt Ltd for Nepal, a wholly owned subsidiary of PETRONAS that stated lubricants operation in India in 2006. The objective of entering Nepal lubricant market is to give bring value position to its valued consumers and customers viz technology, high performance engine oils Euro IV & Euro V, higher drain intervals and eco friendly oils thus conserving the natural resources and huge savings to the consumer –high performance oils, said the company. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">PETRONAS Lubricants (India) Pvt Ltd is rated as the fastest growing lubricant company in India. It also plans to introduce a complete range of oils – mach-5 range for cars, URANIA for DEO range and sprinta range for MCO including SELENIA range of products and AKROS for tractors. 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5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A14"><span style="line-height: 115%; font-family: "><img alt="bajajtantra" border="1" height="117" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajaj(1).jpg" vspace="10" width="208" /><br /> </span></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Weekly Winners of Bajajtantra</span></span></span></strong></p> <p class="Default" style="line-height:10.05pt"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Hansraj Hulaschand and company, an authorized distributor of Bajaj motorbikes in Nepal, announced its fourth week winners of Bajajtantra - its latest offer scheme on the auspicious occasion of Dashain and Tihar 2069. List of prizes, names of the winners and their coupon numbers were as follows: </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Under this exciting offer that carried an equally exciting catchphrase ‘Vote kaslai, aafailai’, people could win an instant cash discount up to Rs 1 lakh through scratch at the time of buying any Bajaj bike and every week, seven consumers could participate on the scheme offer and win above mentioned gifts by voting for their desired prizes through lucky draw.<br /> <br /> <img alt="bajajyatra" border="1" height="228" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajajtantra.jpg" vspace="10" width="500" /><br /> <br /> <br /> <br /> <br /> <br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="springwood" border="1" height="160" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/spring.jpg" vspace="10" width="325" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Springwood Youthful Moments Declares Winners</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">‘Springwood Youthful Moments’, an online contest was hosted by Surya Nepal Pvt Ltd (SNPL) for its “Springwood” range of men’s garments. This contest began on 16th of July and ended on 9th of October. The participants had to take a photograph that depicted fun and exciting moments in their lives and submit it to enter the contest via an app created for Springwood’s Facebook Page. Those generating maximum likes on their uploaded photograph, were due to received gifts from Springwood. Those who sported Springwood garments for the photograph were given benefit of extra 10 per cent credit in the contest. The contest garnered huge popularity on the Springwood fan page on Facebook, which now boasts 10,149 fans. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 59 participants were shortlisted and Ganesh Gurung (with 732 likes on his picture) bagged the first prize of a Springwood gift voucher worth Rs 15,000. The 2nd position went to Avishek Mali (572 likes on his picture), who received a Rs 10,000 gift voucher and the 3rd position was won by Ratna Khadka (539 likes on his picture), who received a Rs 5,000 voucher. The consolation prizes of gift vouchers worth Rs 2000 each were won by Gopal Acharya, Carol Kanodia, Nikita Saraf, Yelin Hyoju, Swastik Raj Banjara, Anusha Shrestha and Jagannath Luitel.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <img alt="rana" border="1" height="214" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/rana(1).jpg" vspace="10" width="256" /></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Rana Wins Indian Ambassador's Cup</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Robin Rana won the Indian Ambassador's Cup Golf Tournament at Gokarna Golf Club. Rana playing with 14 handicap edged out Subodh Thapa by one point. Rana scored 42 stableford points to win the trophy; he got 21 points on the front nine and brought an identical score on the back nine. Thapa playing with 18 handicap scored 41 points, 21 points on the front nine and 20 points on the back nine to finish as the Runner-up. </span></span></p> <p> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Rene Vijay Einhaus won the best gross award with 33 gross points. Rekha Ghimire bagged Ladies trophy with 30 points and Kesang Lama finished second in the ladies with 29 points. KNS Thapa was the winner among the senior golfers aged 65 and above and Victory SJB Rana came second among the seniors. </span></span><span style="font-size:14px;"> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 64 golfers took part in the tournament played under stableford format with full handicap (maximum allowance 18). Indian Ambassador Jayanta Prasad, Chief of Army Staff Gaurav SJB Rana, and Vice President - Technical of Surya Nepal Pvt Ltd Sanjiv Gandhi gave away the prizes to the winners. Captain of the Gokarna Golf Club, Joseph Nathan was also present on the occasion.<br /> <br /> <br /> <br /> <strong><img alt="visa" border="1" height="100" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/visa.jpg" vspace="10" width="144" /><br /> </strong></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Visa Cards Discounts at Bhatbhateni</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Bhatbhateni Superstore provided discounts up to 10 per cent to the customers who pay their bills by Visa debit or credit card on the occasion of Dashain and Tihar. The Store provided this discount in association with Visa Worldwide. The discount could be availed at all six outlets of Bhatbhateni at Maharajganj, Patan, Bauddha, Koteswor and Bhatbhateni in Kathmandu valley and also in Pokhara. Buyers received the discount instantaneously upon paying the bill with Visa cards. The scheme started on 16 October and was valid for a month.<br /> <br /> <br /> <img alt="bajaj discover" border="1" height="137" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajajbike.jpg" vspace="10" width="217" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Bajaj Discover World’s Largest Selling Motorcycle</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Bajaj informed that its motorcycle Bajaj Discover became the world’s largest selling motorcycle. The company claimed that this was the result of successful technical and marketing aspects of Discover. The company recently launched Discover 125 ST, the latest model of Discover in the market.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="" border="1" height="112" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/marathon.jpg" vspace="10" width="240" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Sixth Real Kathmandu Marathon</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The 6th Real Kathmandu Marathon for this year was held on the 13 October. The theme of this year’s marathon was “Live Green, Breathe Clean”. The marathon had several categories such as Full and Half Marathons as well as Open, School and Wheelchair Events. The marathon started at 6:00 am from Dashrath Rangashala, Tripureswor amidst a huge number of excited participants. Taking all the race categories in consideration, there were 2,000 participants in total from all walks of life.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="real" border="1" height="139" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/real.jpg" vspace="10" width="208" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Real School of Nepal-2012</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Grand Finale of Real School of Nepal-2012 was held on 25 September. The five regional champions that competed in the Grand Finale were Eureka Residential Higher Secondary School from Dharan, Gandaki Higher Secondary Boarding school from Pokhara, Budhanilkantha Public Boarding School from Kathmandu, Sainik Awashiya Mahavidyalaya from Bhaktapur and Ideal Model Higher Secondary School from Lalitpur. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The winner of the Real School of Nepal 2012 was Ideal Model Higher Secondary School from Lalitpur. Eureka Residential Higher Secondary School from Dharan and Sainik Awashiya Mahavidayala from Bhaktapur were declared 1st and 2nd runner up respectively.</span></span></p>', 'published' => true, 'created' => '2012-12-21', 'modified' => '2012-12-21', 'keywords' => '', 'description' => 'Qatar Airways announced the introduction of an enhanced booking feature where customers can pay for reservations made on www.qatarairways.com at any Qatar Airways local office.', 'sortorder' => '653', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $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' => '846', 'article_category_id' => '34', 'title' => 'MAW 's Happy Win Year Offer', 'sub_title' => '', 'summary' => null, 'content' => '<p> <span style="font-family: arial, sans-serif; font-size: small; line-height: 16px;"><img align="left" alt="Morang Auto Works" height="248" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/maw_scheme.jpg" style="margin:0 10px 0 0;" width="220" />Morang Auto Works (</span>MAW), the sole distributor of Yamaha motorbikes, has launched a new campaign named “Happy Win Year” on the occasion of New Year 2013. According to the company, this offer is all about winning as it offers huge cash discounts on various ranges of Yamaha motorcycles like YBR110, YBR125, SS125, SZR, FZS, Enticer and LYM110. The cash discount is up to Rs 13,000 on cash or finance for each purchase.</p> <p> </p> <p> </p> <p> </p> <p> </p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Morang Auto Works (MAW), the sole distributor of Yamaha motorbikes, has launched a new campaign named “Happy Win Year” on the occasion of New Year 2013.', 'sortorder' => '731', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '835', 'article_category_id' => '34', 'title' => 'Ncell To Introduce Recharge Through Kiosks', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="left" alt="Ncell Recharge" height="413" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/ncell_recharge(1).jpg" style="text-align: justify; margin: 0px 10px 10px 0px;" width="230" /></p> <p style="text-align: justify;"> Ncell is going to introduce a new facility that will enable its customers to recharge balances through kiosk machines. According to the company, Ncell customers can top-up their balance themselves by inserting bank notes of Rs 20 denomination or above in the inlet of kiosks. </p> <p style="text-align: justify;"> “The customers can recharge whatever amount they are comfortable with, starting from Rs 20, by inserting appropriate bank notes,” reads the official press statement.</p> <p style="text-align: justify;"> Ncell plans to install the facility first in the Kathmandu Valley, and expand it outside later. The company plans to install 40 kiosks in different parts of the valley in the initial phase.“Recharge Kiosks will be the first facility of its kind in Nepal. They will ease and empower the customers greatly. Hence, we feel glad for being able to serve the customers in a new way,” said Sanju Koirala, Corporate Communication Director at Ncell.</p> <p style="text-align: justify;"> According to the company, once the new facility is introduced, the customers will not need to rely on recharge cards alone to top up the balance. It will also assure that the customers get full recharge for the money they pay at maximum retail price (MRP).To recharge via kiosks, Ncell customers would first need to choose the language (‘Nepali’ or ‘English’), then select Ncell (the service provider’s name) displayed on the screen and enter the 10-digit mobile number they wish to recharge.</p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Ncell is going to introduce a new facility that will enable its customers to recharge balances through kiosk machines.', 'sortorder' => '721', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '834', 'article_category_id' => '34', 'title' => 'Samsung Mobile Expo Concludes', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="" alt="Samsung Mobile Expo" height="308" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/samsung_mobileExpo.jpg" style="margin:0 0 10px 10px;" width="500" /></p> <p style="text-align: justify;"> Samsung Mobile Expo 2013 concluded on January 29 registering a turnover of Rs 100 million during the weeklong exhibition held at Civil Mall, Sudhara. According to the organisers, some 230,000 visitors attended the expo. </p> <p style="text-align: justify;"> More than 25 mobile companies participated in the expo showcasing their products in over 62 stalls. According to Purushottam Basnet, President of Mobile Traders Association of Nepal – the organiser- the expo themed ‘Sanchar nai sansar’ was successful, because of the overwhelming response from the visitors. </p> <p style="text-align: justify;"> The expo marked the presence of brands such as Samsung, Nokia, Carbon, LG, Spice, Colors, and Sony, among others. The expo was a perfect destination to see and understand the latest technologies in the mobile phone industry and purchase gadgets like smartphones and tablets. Exhibitors also offered attractive offers, including discounts, on the purchases. Various attractive gift hampers were also given away as the door prize for the visitors. </p>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-03-15', 'keywords' => '', 'description' => 'Samsung Mobile Expo 2013 concluded on January 29 registering a turnover of Rs 100 million during the weeklong exhibition held at Civil Mall, Sudhara.', 'sortorder' => '720', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '833', 'article_category_id' => '34', 'title' => 'Tourist Arrivals Decline After 3.5 Years', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> Tourist arrivals for January witnessed a sharp slump compared to the same month of 2012. According to the figures released by the Immigration Office, Tribhuvan International Airport (TIA), the tourist arrivals reached 35,330 with a 15.9 per cent decline in January this year compared to the same month last year.</p> <p style="text-align: justify;"> According to the official press statement issued by Nepal Tourism Board (NTB), major source markets have recorded negative growths in tourist arrivals in the first month of 2013. “In the SAARC region, only Pakistan has recorded a positive growth of 5.8 per cent. India which constitutes the major market of Nepal, has recorded a negative growth of 26.1 per cent. Arrivals from Bangladesh and Sri Lanka have also registered negative a growth by 62.6 per cent and 42.6 per cent respectively,” reads the statement.</p> <p style="text-align: justify;"> Tourist arrivals from other Asian countries have also registered a negative growth of 16.4 per cent on average. According to NTB, tourist arrivals from China have decreased by a whopping 40.3 per cent whereas the arrivals from Japan, Singapore, Thailand, Malaysia and South Korea have increased by 16.8, 10.3, 4.3, 42.6 and 11.2 per cent respectively.</p> <p style="text-align: justify;"> An overall negative growth of 15 per cent has been observed from the European market while tourist arrivals from Australia, New Zealand and the USA have registered growths of 27.3, 25, and 13 per cent respectively. A negative growth of 27.4 per cent has been recorded from Canada in January 2013 compared to January 2012, says the press release.</p> <p style="text-align: justify;"> A total of 45,667 foreign tourists departed from TIA in January 2013. The number of Nepali arrivals stood at 69,442 while 91,281 Nepalis departed from TIA in January 2013.</p> <div style="text-align: justify;"> </div>', 'published' => true, 'created' => '2013-03-15', 'modified' => '2013-05-24', 'keywords' => '', 'description' => 'Major source markets have recorded negative growths in tourist arrivals in the first month of 2013. India which constitutes the major market of Nepal, has recorded a negative growth of 26.1 per cent.', 'sortorder' => '719', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '801', 'article_category_id' => '34', 'title' => 'Simrik Air’s Fleet Expansion Plan', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="120" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/simrikAir.jpg" style="margin:0 10px 10px 0;padding:5px;" width="227" />The private airline company, Simrik Air has announced to expand its fleet of choppers to six within two years. “We want to develop our company as a ‘rescue hub’ worldwide,” said Capt Rameshwor Thapa, Executive Chairman of Simrik Air. The company is set to sell the two existing BK-117 helicopters and bring in new six-seat small helicopters. “We have been providing the best chopper services to the major tourism destinations and it makes us the first proud airline, outside the West, to boast such helicopters in the fleet,” Thapa said. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The private airline company, Simrik Air has announced to expand its fleet of choppers to six within two years. “We want to develop our company as a ‘rescue hub’ worldwide,” said Capt Rameshwor Thapa, Executive Chairman of Simrik Air.', 'sortorder' => '688', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '800', 'article_category_id' => '34', 'title' => 'Namaste To Fly Domestic Sky In 3 Months', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p style="text-align: justify;"> Namaste Air, a newly licensed domestic airline, is making preparations to start flying on the domestic routes within three months. The company received the Air Operator’s Certificate (AOC) towards the end of 2012. AOC is the go-ahead document from the Civil Aviation Authority of Nepal (CAAN).</p> <p style="text-align: justify;"> According to Raju KC (Khatri), Executive Chairman of the company, internal preparations are underway to start flights at the earliest. “Currently we are doing the groundwork to commence flights with two 78-seater ATR-72,” he said.</p> <p style="text-align: justify;"> Namaste Air is also speeding up its internal infrastructure development and training pilots and co-pilots. According to KC, the company is collaborating with an American company named Pentagon Capital to bring two ATR aircraft at the first stage. He said his company has received CAAN’s permission to bring the craft and has already sent US $ 60,000 to the supplier of the craft a month ago. </p> <p style="text-align: justify;"> KC also claimed that the company is to import airplanes of the latest model that no Nepali Airline possesses so far. According to him, the model is 2007 and the craft has flown for just about 5 years. Initially, two airplanes will be imported and then after 2-3 months other two 42-seater ATR-42 will be purchased. </p> <p style="text-align: justify;"> Namaste Air has said that it will bring the airplanes on lease but plans to acquire the full ownership soon. </p> <p style="text-align: justify;"> The company has permission to operate flights to eight trunk routes of Nepal—Pokhara, Biratnagar, Chandragadhi, Nepalgunj, Kathmandu, Tumlingtar and Dhangadhi from its base in Bhairahawa. “We will compete with the airlines that are currently operating in Nepal,” said KC. According to the existing rules, a company seeking to start an airline service has to have a paid-up capital of Rs150 million and furnish a bank guarantee worth Rs 200,000. Namaste Air will have a challenge to compete with major airlines such as Buddha Air and Yeti Air that have been flying on the trunk routes. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The company is to import airplanes of the latest model that no Nepali Airline possesses so far. Initially, two airplanes will be imported and then after 2-3 months other two 42-seater ATR-42 will be purchased', 'sortorder' => '687', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '799', 'article_category_id' => '34', 'title' => 'Int’l Airlines Can Now Operate 14 More Flights A Week', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p style="text-align: justify;"> The Ministry of Tourism and Civil Aviation (MoTCA) has allowed 14 more international flights a week to each of the international airlines currently providing their service in Nepal. According to Suresh Acharya, Under Secretary at MoTCA, although they were bound by the Air Service Agreement (ASA) in case of seat capacity, they were not allowed to increase flight numbers. He said “This type of permission is temporary and is valid until the review of the ASA.” International airlines serving in Nepal will be able to add more flights from 1st January 2013. Previously, more flight permission was given during Lumbini Visit Year 2012 and Nepal Tourism Year 2011. The 2012-permission to 10-more-flights-a-week expired on 31st December 2012. </p> <p style="text-align: justify;"> The permission has been given to ease the international airlines operational in Nepal for New Year 2013. The airlines of 16 countries that are providing their service in Nepal at present will benefit from this decision. MoTCA had given additional flight permissions in 2007 and 2008 as well. Though 32 airlines from 16 countries have received the permission to operate international flights to and from Nepal, only 29 are in service at present. Airlines from countries like the UAE, China, Pakistan, Australia, Bhutan, Saudi Arabia, UK, Russia, Japan etc will benefit from the permission. </p> <div> </div>', 'published' => true, 'created' => '2013-03-14', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'International airlines serving in Nepal will be able to add more flights from 1st January 2013. Previously, more flight permission was given during Lumbini Visit Year 2012 and Nepal Tourism Year 2011.', 'sortorder' => '686', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '798', 'article_category_id' => '34', 'title' => 'Surya Nepal Announced Entrepreneurship Award 2012', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> Surya Nepal Pvt Ltd awarded the Asha Social Entrepreneurship Award (SNASEA) to 12 Nepali entrepreneurs who created value for the ‘People, Planet and Profit’ on December 18, 2012. It awarded five industrialists; Shanti Shakya Dolma of Kakani Himalayan Natural Dyes, Chiranjeevi Poudel of Seeing Hands Clinic, Dr Bishal Dhakal of Health at Home Private Limited (HHPL), Prachanda Shakya of Nepal Traditional Handicraft Training Centre and Jasmaya Pun of Hampaal Allo Tatha Kapada Bunai Udhyog in the ‘Hidden Heroes’ category. These five winners will each get a package which includes cash prize from Surya Nepal Private Limited along with the opportunity of networking through ChangeFusion Nepal. Similarly in the ‘Agents of Change’ category, it awarded Govinda Ghimire of Alternative Herbal Pvt Ltd, Tara Baskota Adhikari of Shangri-La Agro World and Som Prasad Gauchan of Everest Tea Estate Pvt Ltd. Likewise, SNASEA 2012’s additional recognition - ‘NBI Agent of Change’ awarded to Himalayan Naturals Pvt Ltd, Lotus Holdings Pvt Ltd, Women Support Saving and Credit Cooperative Society Ltd and Brihat Investments Pvt Ltd for businesses that support startups, assist enterprise development and promote the culture of entrepreneurship in Nepal. According to Surya Nepal, All the winners were selected after an intense process of evaluation amongst 84 applicants.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Surya Nepal Pvt Ltd awarded the Asha Social Entrepreneurship Award (SNASEA) to 12 Nepali entrepreneurs who created value for the ‘People, Planet and Profit’ on December 18, 2012. It awarded five industrialists; Shanti Shakya Dolma of Kakani Himalayan Natural Dyes, Chiranjeevi Poudel of Seeing Hands Clinic, Dr Bishal Dhakal of Health at Home Private Limited (HHPL), Prachanda Shakya of Nepal Traditional Handicraft Training Centre and Jasmaya Pun of Hampaal Allo Tatha Kapada Bunai Udhyog in the ‘Hidden Heroes’ category.', 'sortorder' => '685', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '797', 'article_category_id' => '34', 'title' => 'EBL Appoints Sadichha Shrestha As Brand Ambassador', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="215" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/everestBank.jpg" style="margin:0 10px 10px 0; padding:5px;" width="250" /></p> <p style="text-align: justify;"> Everest Bank Ltd (EBL) has appointed Miss Nepal 2010 Sadichha Shrestha as the Brand Ambassador to promote its brand, products and services. The bank has also launched a new deposit product called ‘Sadichha Deposit’ targeting young people. Parents, too, can open the account in the name of their children. According to EBL, this is the recurring type of deposit in which the children are given 0.50 per cent additional interest than the normal published rate. Besides, for every account, the bank will be providing Rs 5 in order to create a fund for the helpless and needy. Every year on EBL’s annual day function, the fund will be donated to orphanages, schools, child activists etc.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Everest Bank Ltd (EBL) has appointed Miss Nepal 2010 Sadichha Shrestha as the Brand Ambassador to promote its brand, products and services. The bank has also launched a new deposit product called ‘Sadichha Deposit’ targeting young people.', 'sortorder' => '684', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '796', 'article_category_id' => '34', 'title' => 'Chinese Investors Meet FNCCI Team', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> A visiting business delegation of Chinese investors has shown interest to invest in Nepal. In a meeting with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the visiting delegation held talks on bilateral trade relationship and on possible Chinese investment in sectors such as tourism, infrastructure development, hydropower, minerals and agriculture. FNCCI’s Senior Vice-President Bhaskar Raj Rajkarnikar led the FNCCI team while the Vice-President of China Council for Promotion of International Trade (CCPIT), Gaungdong Luo Bingzhi, led the Chinese delegation in the meeting. The meeting further discussed the possibilities and ways to lower Nepal’s trade deficit with China. FNCCI decided to utilize the customs duty waiver given by the Chinese government on various 4,721 Nepali goods. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'A visiting business delegation of Chinese investors has shown interest to invest in Nepal. In a meeting with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the visiting delegation held talks on bilateral trade relationship and on possible Chinese investment in sectors such as tourism, infrastructure development, hydropower, minerals and agriculture.', 'sortorder' => '683', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '795', 'article_category_id' => '34', 'title' => 'Yamaha’s Facebook Campaign', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <img align="left" alt="" height="97" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/yamahaOffer.jpg" style="margin:0 10px 10px 0; padding:5px; border:none;" width="121" />Yamaha Nepal has launched ‘Yamaha Like My Style’—a Facebook campaign to promote its bikes and establish an effective communcation channel with its customers. At the launching program, Managing Director of MAW Enterprises, Vishnu K Agarwal, said the campaign has been launched as Facebook is the most effective medium to promote products these days. “We hope our Facebook page will be an effective way to communicate with our customers, to provide information about the products of Yamaha and also to get fast feedback from them. Further, it will help to provide safety tips and help to create awareness on safe riding,” said Agarwal.</p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'Yamaha Nepal has launched ‘Yamaha Like My Style’—a Facebook campaign to promote its bikes and establish an effective communcation channel with its customers.', 'sortorder' => '682', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '794', 'article_category_id' => '34', 'title' => 'KK Super Mart To Open 15 Stores By 2013', 'sub_title' => '', 'summary' => null, 'content' => '<p style="text-align: justify;"> <span style="text-align: justify;">KK Super Mart Nepal, a chain of local convenience stores, is planning to open 15 stores by 2013. It targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati lately. KK Super Mart Nepal operates 365 days a year and 16 hours a day with the vision to “Serve U with a smile.” The super market offers over 3,500 high quality products at the most competitive prices. They offer products ranging from every-day grocery goods to personal care, toiletries, household products, over-the-counter medicines, beverages, liquor, recharge cards, pet food, among others.</span></p> <p style="text-align: justify;"> It has got the technical assistance from KK Super Mart Malaysia, the flagship business for KK Group of companies which owns and runs 125 outlets in Malaysia. It was established in 2001. According to the company, Nepal has been chosen as the first overseas destination due to the emerging economy in Nepal. KK Super Mart Nepal was officially inaugurated by Mayor of Putrajaya Tan Sri Dato Seri, Dr. Aseh Bin Che Mat, Founder of KK Super Mart Dato’ Dr. Douglas KK Chai, President of Malaysia-Nepal Business Council Dato Pardip Kumar Kukreja, President of Nepal-Malaysia Business Council Mr. Suhrid Ghimire, and Managing Director of Yeti Airlines Mr. Ang Tshiring Sherpa. </p>', 'published' => true, 'created' => '2013-03-14', 'modified' => '2013-03-14', 'keywords' => '', 'description' => 'KK Super Mart Nepal, a chain of local convenience stores, is planning to open 15 stores by 2013. It targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati lately.', 'sortorder' => '681', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '765', 'article_category_id' => '34', 'title' => 'Public Sector November 2012', 'sub_title' => '', 'summary' => null, 'content' => '<p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> 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<w:LsdException Locked="false" Priority="37" Name="Bibliography"/> <w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/> </w:LatentStyles> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"><img alt="german ambassador" border="1" height="261" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/german.jpg" vspace="10" width="344" /><br /> <strong>German Ambassador Frank Meyke with Vice President of Nepal Paramananda Jha at the reception held to celebrate the Day of German Unity.</strong></span></span></p> <p> </p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A14"><span style="line-height: 115%; font-family: "Calibri","sans-serif";"><br /> <br /> <img alt="wto" border="1" height="104" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/WTO.jpg" vspace="10" width="135" /><br /> </span></span></span></strong></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">WTO Assistance on Herb Exports</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The World Trade Organization (WTO) is providing financial assistance to the government to ease the exports of Nepali medicinal herbs to the international market. "The Enhanced Integrated Framework (EIF) of WTO has assured us assistance for the international marketing of herbs," informed Toya Narayan Gyawali, Joint Secretary at the Ministry of Commerce and Supply (MoCS). Nepal Trade Integration Strategy (NTIS) 2010 is gearing to submit a proposal to the EIF in order to get its assistance for improvement of forward and backward linkages. The financial aid received from EIF will be utilised for enhancement of international market prospects, to increase the capacity of farmers and entrepreneurs, and for designing of products and packaging. After ginger and pashmina, the Nepali medicinal herb is the third product to seek EIF assistance to prosper linkages. The ministry is looking for EIF assistance to propel Nepali medicinal herbs and the Government of Nepal has already received Rs 110 million from EIF to enhance production and processing of ginger, Gyawali said. According to the statistics of Trade and Export Promotion Centre (TEPC), Nepal exported medicinal herbs worth Rs 710 million in fiscal year 2010/11. Nepali medicinal herbs have found a few lucrative destinations for the exports in USA, France, Germany, Vietnam, Singapore, Japan, Italy, Russia, Belgium and South Korea.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Foreign Investors Upbeat about Hydropower Sector</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) have informed that investors from Korea, Philippines and Taiwan have shown interest to invest in the hydropower sector. "The recently concluded three-day regional conference of Asia- Pacific Chambers of Commerce and Industry (CACCI) provided a platform to know about the foreign investors' interest in Nepal's hydropower sector,” said Gyanendra Lal Pradhan, Chairperson of Energy Committee at FNCCI. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">President Dr Ram Baran Yadav had inaugurated the conference and acknowledged the private sector's role in strengthening the country´s economy. He further made an appeal to all the business leaders to invest in Nepal. "The conference is fruitful not just for Nepal but also for the entire region," said Suraj Vaidya, President of the FNCCI. At the conference, Benedict V Yujuico, an investor from Philippines and the President of CACCI, said he is investing US$ 5 million in Nepal´s hydropower sector. His investment would be in Upper Mai Hydroelectric Project (9.98 MW), which is being developed by High Himalaya Hydro Company. Top–notch businessmen of the region, who gathered in Kathmandu for the 26th conference of CACCI, admitted there were structural problems in Nepal´s hydropower sector. “There are security risks at the project sites in Nepal. The volatile political situation is always a big threat for us to work,” said Dilip Singh, General Manager of Himal Hydropower Company, during a panel discussion.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">At the conference, Benedict V Yujuico, an investor from Philippines and the President of CACCI, said he is investing US$ 5 million in Nepal´s hydropower sector.</span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%; font-family: "Calibri","sans-serif";"> </span></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Four Hydro Projects’ PDA to be Signed</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Investment Board (IB) is all set to sign Project Development Agreement (PDA) with four hydropower projects. According to a release from the Board, a meeting held between the Board and project promoters concentrated on the legal provisions of the agreement. Earlier, the Board had handed over the draft of the agreement over to the project promoters. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The promoters, who have been demanding the Board for the PDA for some time now, expressed their individual views on the shortcomings of the draft in the meeting. The project promoters said that the indecisiveness of the government is impeding the projects. "The interruption in the PDA has delayed the construction of the project by one and a half years," said one of the promoters. He further said that the tender process for constructing road to the project site has also been interrupted due to the delay in PDA. The Board is preparing to sign PDA with Tamakoshi III (650 MW), Upper Karnali (900 MW), Upper Marsyangdi (600 MW) and Arun -III (900 MW) hydro projects. The government took more than two years to prepare the draft of the PDA. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The signing of the PDA will facilitate the production of 3,000 MW electricity from four big projects put forth by the board. The government has prepared the draft after foreign investors expressed their insecurities over their investment. The investors have grown insecure owing to the frequent changes in laws and policies regarding hydropower. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The government had taken the cabinet decision in April 2010 regarding the preparation of the PDA draft of the projects and appointed Harvard Smith, a British law consultant for the purpose. The PDA model incorporates the provisions for free energy, incentives for the state, facilities to be provided by the state, and security among various other aspects.</span></span></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></strong></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: "Calibri","sans-serif";">Cabinet Shuffles Secretaries</span></span></span></strong></p> <p class="MsoNormal"> </p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The government has promoted some joint secretaries and transferred secretaries at various ministries and government offices through a cabinet meeting held on October 18.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"> </span><img alt="cabinet" border="1" height="370" 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mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Non-life Insurance Companies Register 11 Per Cent Profit</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">In the last fiscal year 2011/12, the non-life insurance companies have earned 11 per cent net profit out of the total insurance premium collected. "Out of total Rs 6.73 billion insurance premium earned, non-life insurance companies made a profit of Rs 728.6 million. It is a good profit and companies who have managed their managerial cost well have made encouraging profit,” said Binod Aryal, Executive Director of the Insurance Board (IB).</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">In the last fiscal year, Sagarmatha Insurance (SI) made the highest profit among non-life insurance companies. SI made a profit of more than 20 per cent of its total insurance premium collected. The company earned Rs 641.9 million out of which its profit amounted to Rs 131.7 million.</span></p> <p> <span style="font-size:10.0pt; mso-bidi-font-family:"Myriad Pro";color:#221E1F">Bharat Basnyat, CEO of the company said the managerial cost of the company is less than nine per cent of the total insurance premium collected and that enabled the company to make high profit. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">According to the IB, the profit of non-life insurance companies has been increasing since the last two years. In fiscal year 2010/11, these companies’ profit increased by 16 per cent compared to the previous fiscal year. Likewise, in fiscal year 2011/12, the profit increased by 33 per cent compared to the fiscal year 2010/11.</span></p> <p class="MsoNormal"> <span class="A1"><span style="font-size:11.5pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">In fiscal year 2011/12, the profit of non-life insurance companies increased by 33 per cent compared to the fiscal year 2010/11.</span></span></p> <p class="MsoNormal"> <span class="A1"><span style="font-size:11.5pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro""> <br /> <br /> <img alt="JCB" border="1" height="170" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/JCB.jpg" vspace="10" width="309" /><br /> </span></span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">JCB Operator Meet in Dhangadhi</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">M.A.W. Enterprises Pvt Ltd JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Dhangadhi on 3 October. “The main objective behind this event is to educate and update operators about proactive maintenance,” said the Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners as well.” </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Operators were educated and made aware about operating machine safely and in a trouble-free manner so that they can increase the life of their machines. They were also educated about taking care of their machines in order to minimize the unforeseen breakdowns arising in the future. Benefits of using genuine parts against spurious parts were also shared with the operators.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <br /> <img alt="hasyayatra" border="1" height="169" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/hasyayatra.jpg" vspace="10" width="133" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">IME Haasya Yatra</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">IME's direct marketing campaign "IME Haasya Yatra...Byroad ko Batoma" organized in association with Global IME Bank in promotion of Indo- Nepal remittance service continued in western Nepal in the month of October as well. The Roadshow with popular comedians Deepak Raj Giri and Deepa Shree Niraula showcased their performances in Salyan on October 1st, Tulsipur on October 2nd, Surkhet on October 3rd, Nepalgunj and Gularia on October 4th, Dhangadi on October 6th, Dadeldhura and Baitadi on October 7th, Mangalsen on October 8th, Sandikharka and Tamghas on October 11th, Tansen on October 12th, Syangja on October 13th, Baglung on October 14th and finally in Damauli on October 15th.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">JMT and Norvic Host World Heart Day 2012 Programme</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">Jayanti Memorial Trust (JMT) and Norvic International Hospital hosted a World Heart Day 2012 programme on 29 September. JMT has been actively contributing to the nation’s social service sector from the past decade by sponsoring treatment for less fortunate cardiac patients, raising public awareness on cardio and cardiac diseases, conducting free heart camps for the screening of any possible prevalent cardio or cardiac diseases and Continuing Medical Education (CME) for the national cardiologists with the support from International experts. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Apart from counseling and providing guidance to less fortunate cardiac patients at Gangalal National Heart Centre and Manamohan Cardio Thoracic Centre through its social service room, JMT has also collaborated with various organization and institution such as Banks, Hotels, Hospitals, Alumni etc in building awareness regarding various forms of cardio and cardiac diseases, through screensavers, awareness posters and radio jingles. JMT has been conducting programs on the occasion of the World Heart Day with Norvic International Hospital in the past as well.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="seeingisbelieving" border="1" height="107" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/worldsightday.jpg" vspace="10" width="198" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Standard Chartered Celebrates World Sight Day</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">mark World Sight Day 2012, Standard Chartered Bank Nepal Limited organised various initiatives aimed at building awareness among the people. World Sight Day is celebrated annually on the second Thursday of October to raise awareness of visual impairment. The Bank is also in the process of entering into agreements with Tilganga Institute of Ophthalmology (TIO) and other Eye Hospitals to sponsor cataract surgeries targeting underprivileged and economically backward people of Nepal. </span></p> <p class="Pa18" style="text-indent:14.0pt"> <span style="font-size:10.0pt; mso-bidi-font-family:"Myriad Pro";color:#221E1F">Earlier, with a view to reinforce the Seeing is Believing agenda in Nepal, Standard Chartered Group had extended a financial assistance of US$ 1.1 million for construction of Biratnagar Eye Hospital in Biratnagar under the Eastern Region Eye Care Programme. SCB Nepal, in the year 2011, signed an agreement with TIO to sponsor 1,000 cataract surgeries between 2011/12. SCB Nepal has so far been instrumental in restoration of sights of over 6,000 poor and underprivileged people since the launch of the campaign in year 2003. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">‘Seeing is Believing’ is a global initiative to help tackle avoidable blindness, and is a collaboration between Standard Chartered and the International Agency for Prevention of Blindness (IAPB). To date, Seeing is Believing has raised over US$ 50 million for blindness initiatives and plans to raise a further US$ 50 million by 2020. Seeing is Believing is the single largest contributor to the development of Vision 2020 programmes through IAPB. As part of the Seeing is Believing programme, Standard Chartered pledges to match all donations until the target of US$ 100 million is reached.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="yamaha" border="1" height="71" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/yamaha(1).jpg" vspace="10" width="324" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Yamaha Safe Riding Science</span></span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Yamaha organized ‘Yamaha Safe Riding Science (YSRS)’ at Kings College, Babarmahal on Oct 1. More than 60 students participated in the workshop. The objective of the one-day program was to increase road safety awareness for bike riders through theoretical and practical sessions by trained YSRS instructors. Students were informed about causes of accidents, precautions to take while riding, proper riding posture and other similar issues.</span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F"> <br /> <img alt="standard chartered" border="1" height="178" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/standardcharteredbank.jpg" vspace="10" width="271" /><br /> </span></p> <p class="MsoNormal"> <span class="A12"><span style="font-size:18.0pt;line-height: 115%;font-family:"Calibri","sans-serif";mso-ascii-theme-font:minor-latin; mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Myriad Pro"">Standard Chartered Bank Awards Scholarships</span></span></p> <p class="Pa17"> <span style="font-size:10.0pt;mso-bidi-font-family:"Myriad Pro"; color:#221E1F">In line with the Bank’s focus on youth and education, Standard Chartered Bank Nepal found an good opportunity through VISCOSS – Nepal (Village School-College Students Scholarship Project – Nepal), to reach the village schools and be able to support the deserving students of Shree Mahendra Shanti High School, Balkot, Bhaktapur. The Bank has been providing scholarship to 15 deserving students of this school since 2002 and it awarded the scholarships to meritorious students for academic year 2068/69. </span></p> <p class="MsoNormal"> <span style="font-size:10.0pt;line-height:115%;mso-bidi-font-family: "Myriad Pro";color:#221E1F">Diwakar Poudel, Head of Corporate Affairs of the Bank, gave away the scholarships at a function organized at the school. Dipak Kafle, the District Education Officer, was also present on the occasion and gave away other various prizes to students during the function. Speaking on the occasion, Poudel congratulated the recipients of the scholarships and encouraged them to grow up to be responsible citizens of the country. He also assured the school to provide other feasible support in the coming year. The Bank earlier had provided the school with 20 units of computers for facilitating computer education to the students. The Principal of the school thanked the Bank and VISCOSS Nepal for the support being provided to the school and the children.</span></p>', 'published' => true, 'created' => '2012-12-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'In the last fiscal year 2011/12, the non-life insurance companies have earned 11 per cent net profit out of the total insurance premium collected. "Out of total Rs 6.73 billion insurance premium earned, non-life insurance companies made a profit of Rs 728.6 million. 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style="line-height: 115%;">Corporate</span></span></strong></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;"><img alt="qatar" border="1" height="81" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/qatar(7).jpg" vspace="10" width="284" /><br /> Qatar Airways Introduces New Payment Options</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Qatar Airways announced the introduction of an enhanced booking feature where customers can pay for reservations made on www.qatarairways.com at any Qatar Airways local office. </span></span></p> <p> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The new solution offers greater flexibility to passengers who can now create bookings online and pay for these bookings in cash at a local Qatar Airways reservations and ticketing office. The payment must be completed within 24 hours of creating the booking on www.qatarairways.com. Once payment for the booking is made, passengers can then check-in online and also select their preferred seat and meals. Passengers who prefer to pay with credit cards can still complete their travel arrangements online.<br /> <br /> Qatar Airways Chief Executive Officer Akbar Al Baker said that the new feature was introduced to give passengers more payment choices. “Our passengers want to be able to book online 24/7 and instantly access our latest offers. So, this solution is both user friendly and gives passengers greater flexibility.” </span> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Doha-based Qatar Airways recently launched its new-look, customer-focused, interactive website, designed for a complete user-friendly experience. The website ensures seamless, easy and quick navigation through various pages, making booking with Qatar Airways effortless. Clicking on the interactive route map, passengers can easily choose their next travel destination and directly proceed to booking. In addition to getting updated on their current flight status, passengers can select additional services with various hotel and car partners and even book a holiday package.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <br /> <img alt="anichyoing" border="1" height="138" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/anichyong(1).jpg" vspace="10" width="268" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;">Ani Choying Drolma and Shristi Shrestha Brand Ambassadors of BB Airways</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);"><span style="line-height: 115%;"> </span>BB Airways brought beauty and Buddha together signing Miss Nepal 2012 Shristi Shrestha, and singer and philanthropist Ani Choying Drolma as its brand ambassadors. “Drolma is an icon of Buddhism in modern Nepal and Shrestha represents the beauty of Nepal,” said Shishir Bhatta, the Managing Director of BB Airways. He added, “It goes with our motto of combining spiritualism with modernity.” </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">BB Airways is promoted by Non-resident Nepali entrepreneur Bhaban Bhatta who owns numerous businesses in Japan and Nepal. He is the treasurer of the International Coordination Council of Non-Resident Nepali Association and has been Japan chairman of the association.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><br /> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <br /> </span></strong></span></p> <p class="Pa8"> <span style="font-size:14px;"><strong><span class="A12">Oktoberfest at Radisson </span></strong></span></p> <p class="Pa8"> <span style="font-size:14px;"><br /> </span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Radisson Hotel hosted Oktoberfest at its newest outlet, The Terrace Garden, on Fridays and October 12 and 13. The celebration included festive specialty buffet from German cuisine for Rs 1,299 plus taxes per person including free flow of Carlsberg beer from 6pm to 10pm. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">“Oktoberfest at Radisson is for tourists to make them feel at home during the festive season and to promote our newly opened outlet The Terrace Garden which has a seating capacity of 70 people,” said Kabir Jung Thapa, Director of Food and Beverage at Radisson, adding, “The buffet includes imported meat items, mostly sausages with varieties of bread.” </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Starters, soups, live barbeque, carving station and desserts included German potato salad, mixed grain salad; roasted beetroot, walnut and goat cheese salad, red slow salad, homemade Sauerkraut, Sauerkraut Beer Soup with Frankfurters, Gammon with grain mustard, Frankfurter, Bratwurst and Whitwurst, Getreide Meal Laib (meat loaf), barbeque pork ribs, Bratwurst, Dark Beer marinated barbeque chicken, Speck Kuchen (Bacon Cake), Chicken Paprikash, Grilled Snapper with almond butter, Bavarian Cream with Plum Compote, Apple and Rum Custard Cake. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%;">The celebration included festive specialty buffet from German cuisine for Rs 1,299 plus taxes per person including free flow of Carlsberg beer from 6pm to 10pm.</span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A1"><span style="line-height: 115%;"> <br /> <img alt="everest bank" border="1" height="87" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/everestbank.jpg" vspace="10" width="281" /><br /> </span></span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%;">Everest Bank Announces 17 % Net Profit</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Board of Directors of Everest Bank Limited, in a Board Meeting held on 20 September, approved and signed the audited Balance Sheet for the year ended Asadh 2069. The Board noted that the Bank has highest EPS (Earning per Share) of Rs 88.55 among all the Banks in the country; highest reserves (as percentage of Paid-Up Capital) at 228 per cent and one of the lowest NPA. It further noted that the net profit of the Bank has gone up by 17 per cent to Rs 109.05 crores. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">he Board also noted that as part of its innovative services, the Bank has recently opened five automatic Cash Deposit Kiosks and started trial innovative banking services through mobile phones (branded as Mobile ATM).<br /> <br /> <br /> </span></span></p> <p> </p> <p> </p> <p> <span style="font-size:14px;"><img alt="fiat" border="1" height="147" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/fiat(1).jpg" vspace="10" width="150" /><br /> </span></p> <p> </p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Fiat Free Check-up Camp<br /> <br /> </span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Batas Brother Motors Pvt Ltd, the sole distributor of FIAT cars for Nepal, organized Free Check-up Camp for all FIAT cars on 2nd and 3rd of October in their modern service center situated at Basundhara, Kathmandu. All FIAT customers had free vehicle check-up, special discounts on top up of oils, coolants, battery fluids, spare parts and labour charges. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Batas Brothers Motors Pvt Ltd has been distributing FIAT cars in Nepal and the popular models are Linea and Punto. Deputy GM Alok Josee said due to the growing popularity of FIAT vehicles, Batas Organization has been doing various activities and events to provide added services to its valued customers.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="Kwiks" border="1" height="98" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/kwiks.jpg" vspace="10" width="230" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Kwiks Cheeseballs Celebrates 25 Years</span></span></strong></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"><span style="line-height: 115%; font-family: "><br /> </span>To celebrate the unique taste of Kwiks Cheeseballs, Chaudhary Group launched a celebration campaign on its 25th anniversary. The Group launched the campaign with the slogan “Making people lick their fingers for last 25 years.”</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="Bank of Kathmandu" border="1" height="186" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bok(1).jpg" vspace="10" width="406" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">BoK AGM Approves 21.32 % Cash Dividend</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The 18th Annual General Meeting (AGM) of Bank of Kathmandu (BoK) Ltd held on 12th October approved five percent Bonus Share and 21.32 per cent Cash Dividend to its valued Shareholders. </span></span></p> <p class="Pa18"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">While highlighting the Bank’s overall progress in the Fiscal year 2068/069, Chairman of the Bank Narendra Kumar Basnyat stated that the bank managed to earn Operating Profit of Rs 883 million out of which Net Profit stood at Rs 607.7 million in the fiscal year. The total deposits at the end of the fiscal year 2068/069 summed to Rs 24.99 billion, an increment of 18.90 per cent in comparison to corresponding figure of last fiscal year. Similarly, loans and advances increased by 7.59 per cent at the end of the fiscal year 2068/069 with total lending of Rs 19.32 billion. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">During this period, the Bank also added four new branches which put the total number of its branches at 45. Moreover, the bank also runs seven extension counters throughout the country. Apart from this, the customers can utilize the facility of its network from 54 ATM counters. During the FY, the bank introduced attractive new products and services catering to different segments of customers and was actively involved in microfinance projects in various parts of the country, thus improving the microfinance business.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="harrison" border="1" height="146" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/cacci.jpg" vspace="10" width="406" /><br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Harrison Wins CACCI – FNCCI Annual Golf Challenge</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Keith Harrison won the CACCI – FNCCI Annual Golf Challenge at Gokarna Golf Club. Harrison playing with 4 handicap scored 37 Stableford points to win the tournament over Deepak Rajbhandari and Rene Vijay Einhaus by two strokes. Deepak Rajbhandari finished runner-up on the count back whereas Rene Vijay Einhaus, 1 handicap Golfer got the best gross award with three over gross score (33 gross points). </span></span></p> <p class="Pa18" style="text-indent:14.0pt"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Rita Thapa bagged the best lady golfer award with the score of 27 points. Subodh Thapa won the group category among the CACCI members with 33 points and Pradeep Kumar Shrestha was Runner-up. Stephan Wong was winner among international participants of CACCI members. Prabhakar Adhikari received closest to the pin award, TG Shrestha got the longest drive prize and Rene Vijay Einhaus won most birdies award with five birdies. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 54 players took part in the tournament organized by Confederation of Asia- Pacific Chamber of Commerce and Industries (CACCI) and Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The tournament was played under Stableford format with 3/4 handicap.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><strong><span class="A12"><span style="line-height: 115%; font-family: ">Batas Appointed PETRONAS Distributor</span></span></strong></span></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Batas Organization has been appointed the sole selling distributor of PETRONAS Lubricants (India) Pvt Ltd for Nepal, a wholly owned subsidiary of PETRONAS that stated lubricants operation in India in 2006. The objective of entering Nepal lubricant market is to give bring value position to its valued consumers and customers viz technology, high performance engine oils Euro IV & Euro V, higher drain intervals and eco friendly oils thus conserving the natural resources and huge savings to the consumer –high performance oils, said the company. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">PETRONAS Lubricants (India) Pvt Ltd is rated as the fastest growing lubricant company in India. It also plans to introduce a complete range of oils – mach-5 range for cars, URANIA for DEO range and sprinta range for MCO including SELENIA range of products and AKROS for tractors. 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5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span class="A14"><span style="line-height: 115%; font-family: "><img alt="bajajtantra" border="1" height="117" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajaj(1).jpg" vspace="10" width="208" /><br /> </span></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Weekly Winners of Bajajtantra</span></span></span></strong></p> <p class="Default" style="line-height:10.05pt"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Hansraj Hulaschand and company, an authorized distributor of Bajaj motorbikes in Nepal, announced its fourth week winners of Bajajtantra - its latest offer scheme on the auspicious occasion of Dashain and Tihar 2069. List of prizes, names of the winners and their coupon numbers were as follows: </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Under this exciting offer that carried an equally exciting catchphrase ‘Vote kaslai, aafailai’, people could win an instant cash discount up to Rs 1 lakh through scratch at the time of buying any Bajaj bike and every week, seven consumers could participate on the scheme offer and win above mentioned gifts by voting for their desired prizes through lucky draw.<br /> <br /> <img alt="bajajyatra" border="1" height="228" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajajtantra.jpg" vspace="10" width="500" /><br /> <br /> <br /> <br /> <br /> <br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="springwood" border="1" height="160" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/spring.jpg" vspace="10" width="325" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Springwood Youthful Moments Declares Winners</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">‘Springwood Youthful Moments’, an online contest was hosted by Surya Nepal Pvt Ltd (SNPL) for its “Springwood” range of men’s garments. This contest began on 16th of July and ended on 9th of October. The participants had to take a photograph that depicted fun and exciting moments in their lives and submit it to enter the contest via an app created for Springwood’s Facebook Page. Those generating maximum likes on their uploaded photograph, were due to received gifts from Springwood. Those who sported Springwood garments for the photograph were given benefit of extra 10 per cent credit in the contest. The contest garnered huge popularity on the Springwood fan page on Facebook, which now boasts 10,149 fans. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 59 participants were shortlisted and Ganesh Gurung (with 732 likes on his picture) bagged the first prize of a Springwood gift voucher worth Rs 15,000. The 2nd position went to Avishek Mali (572 likes on his picture), who received a Rs 10,000 gift voucher and the 3rd position was won by Ratna Khadka (539 likes on his picture), who received a Rs 5,000 voucher. The consolation prizes of gift vouchers worth Rs 2000 each were won by Gopal Acharya, Carol Kanodia, Nikita Saraf, Yelin Hyoju, Swastik Raj Banjara, Anusha Shrestha and Jagannath Luitel.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <img alt="rana" border="1" height="214" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/rana(1).jpg" vspace="10" width="256" /></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Rana Wins Indian Ambassador's Cup</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Robin Rana won the Indian Ambassador's Cup Golf Tournament at Gokarna Golf Club. Rana playing with 14 handicap edged out Subodh Thapa by one point. Rana scored 42 stableford points to win the trophy; he got 21 points on the front nine and brought an identical score on the back nine. Thapa playing with 18 handicap scored 41 points, 21 points on the front nine and 20 points on the back nine to finish as the Runner-up. </span></span></p> <p> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">Rene Vijay Einhaus won the best gross award with 33 gross points. Rekha Ghimire bagged Ladies trophy with 30 points and Kesang Lama finished second in the ladies with 29 points. KNS Thapa was the winner among the senior golfers aged 65 and above and Victory SJB Rana came second among the seniors. </span></span><span style="font-size:14px;"> </span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A total of 64 golfers took part in the tournament played under stableford format with full handicap (maximum allowance 18). Indian Ambassador Jayanta Prasad, Chief of Army Staff Gaurav SJB Rana, and Vice President - Technical of Surya Nepal Pvt Ltd Sanjiv Gandhi gave away the prizes to the winners. Captain of the Gokarna Golf Club, Joseph Nathan was also present on the occasion.<br /> <br /> <br /> <br /> <strong><img alt="visa" border="1" height="100" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/visa.jpg" vspace="10" width="144" /><br /> </strong></span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Visa Cards Discounts at Bhatbhateni</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Bhatbhateni Superstore provided discounts up to 10 per cent to the customers who pay their bills by Visa debit or credit card on the occasion of Dashain and Tihar. The Store provided this discount in association with Visa Worldwide. The discount could be availed at all six outlets of Bhatbhateni at Maharajganj, Patan, Bauddha, Koteswor and Bhatbhateni in Kathmandu valley and also in Pokhara. Buyers received the discount instantaneously upon paying the bill with Visa cards. The scheme started on 16 October and was valid for a month.<br /> <br /> <br /> <img alt="bajaj discover" border="1" height="137" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/bajajbike.jpg" vspace="10" width="217" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Bajaj Discover World’s Largest Selling Motorcycle</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">Bajaj informed that its motorcycle Bajaj Discover became the world’s largest selling motorcycle. The company claimed that this was the result of successful technical and marketing aspects of Discover. The company recently launched Discover 125 ST, the latest model of Discover in the market.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="" border="1" height="112" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/marathon.jpg" vspace="10" width="240" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Sixth Real Kathmandu Marathon</span></span></span></strong></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The 6th Real Kathmandu Marathon for this year was held on the 13 October. The theme of this year’s marathon was “Live Green, Breathe Clean”. The marathon had several categories such as Full and Half Marathons as well as Open, School and Wheelchair Events. The marathon started at 6:00 am from Dashrath Rangashala, Tripureswor amidst a huge number of excited participants. Taking all the race categories in consideration, there were 2,000 participants in total from all walks of life.</span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);"> <br /> <img alt="real" border="1" height="139" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/real.jpg" vspace="10" width="208" /><br /> </span></span></p> <p class="MsoNormal"> <strong><span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Real School of Nepal-2012</span></span></span></strong></p> <p class="Pa17"> <span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">The Grand Finale of Real School of Nepal-2012 was held on 25 September. The five regional champions that competed in the Grand Finale were Eureka Residential Higher Secondary School from Dharan, Gandaki Higher Secondary Boarding school from Pokhara, Budhanilkantha Public Boarding School from Kathmandu, Sainik Awashiya Mahavidyalaya from Bhaktapur and Ideal Model Higher Secondary School from Lalitpur. </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">The winner of the Real School of Nepal 2012 was Ideal Model Higher Secondary School from Lalitpur. Eureka Residential Higher Secondary School from Dharan and Sainik Awashiya Mahavidayala from Bhaktapur were declared 1st and 2nd runner up respectively.</span></span></p>', 'published' => true, 'created' => '2012-12-21', 'modified' => '2012-12-21', 'keywords' => '', 'description' => 'Qatar Airways announced the introduction of an enhanced booking feature where customers can pay for reservations made on www.qatarairways.com at any Qatar Airways local office.', 'sortorder' => '653', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $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
