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Code Context
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			'id' => '700',
			'article_category_id' => '34',
			'title' => 'Bhatbhateni Opens Outlet At Pokhara',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="bhatbateni" border="1" height="191" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/bhatbateni.jpg" vspace="5" width="400" /><br />
	<br />
	Bhatbhateni Super Market and Departmental Store Pvt Ltd opened its new outlet at Pokhara on July 14. Min Bahadur Gurung, Managing Director of Bhat Bhateni Supermarket and Department Store, inaugurated the new Pokhara outlet. <br />
	<br />
	The opening ceremony was initiated with the slogan “Product of Pokhara, Product of Nepal.” It is the sixth chain of the store and the first outside the Kathmandu Valley. According to Gurung, around 50,000 customers attended the opening of the store including businesspersons, tourism entrepreneurs, Nepal army and police personalities and local people of Pokhara. He expressed his happiness as more number of people visited the store during the opening ceremony, which was double the amount he had expected. <br />
	<br />
	The group has invested Rs 750 million in its Pokhara expansion drive. Gurung informed that the rates of the goods sold from Pokhara stores would be similar as that of the stores in Kathmandu. The new outlet at Pokhara features daily commodities, food items, vegetables, fruits, liquors, kitchenware, garments, electronic appliances, furniture, and decorative items, among others. “We will be bringing the finest quality products from all over the world and also provide world class service to our customers,” said Gurung. <br />
	<br />
	Bhatbhateni will provide 10 percent discount on all products for one month at the Pokhara outlet. <br />
	<br />
	 </p>',
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			'description' => 'Bhatbhateni Super Market and Departmental Store Pvt Ltd opened its new outlet at Pokhara on July 14. Min Bahadur Gurung, Managing Director of Bhat Bhateni Supermarket and Department Store, inaugurated the new Pokhara outlet.',
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			'title' => 'Nepal Losing Out On FDI To Neighbouring Indian States',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	A good chunk of Foreign Direct Investment (FDI), perhaps meant for Nepal is finding its way to the neighbouring Indian states. The Indian states, specially those sharing borders with Nepal, such as Bihar, Uttar Pradesh, Uttaranchal etc are fast becoming preferred investment destinations for foreign investors, thanks to the rapid infrastructure development, investment friendly industrial policies and guarantee of investment security in India in recent times. <br />
	<br />
	Additionally, the political instability, strikes and extortions has hit the Nepali entrepreneurs adversely. Industrialists in Nepal have held responsible the government for lack of security. They have shown their dissatisfaction towards the government for narrowing the tax liberty rather than providing subsidies. <br />
	<br />
	Suraj Vaidya, President, FNCCI, said, “It is such a dreadful condition that the government has not been able to formulate economic agenda for overall industrial growth. “Investment securities are the major concern for both national and international investors these days. The present scenario would adversely affect the Nepali economy, thus losing out a large chunk of FDI to its southern neighbor, added Vaidya. Upper Karnali and Western Seti incidences have marked a bitter experience amongst the foreign investors. As stated by top officials of the federation, one Nepali Biscuit Industry vanished to India due to lack of favorable business environment. <br />
	<br />
	Dinesh Shrestha, Sectoral Committee Chairperson of FNCCI said, “The leaders of political parties have not been able to create favorable environment for investment. He urged the need to control the party workers to put a stop to the acts of extortion and strikes. The industrial policy drafted two years ago has not come into execution. This has resulted in creating discouragement amongst the Nepali industrialists. <br />
	<br />
	Currently, the financial indicators of Nepal are negative which stands at 134th position in terms of FDI within the list of 141 countries based on the World Investment Report-2011. Similarly, “Doing Business Index” of World Bank has considered Nepal as an unfavorable destination for Investment and doing business. This has relayed negative message in the international arena. On the other hand, foreign investors are lured towards neighbouring states of India due to flexibility in Indian FDI policies. <br />
	<br />
	Radhesh Pant, CEO, Investment Board, said, “Foreign investors seek “One Window Shop” and we have not been able to do adequate marketing of the available resources and other positive aspects.” There is a lack of coordination between the government and private sector in Nepal unlike India, added Panta. According to him, the government should provide investment security to existing investments along with seeking additional flow of FDIs. <br />
	<br />
	According to Vaidya, creating favorable investment environment and improvement in policies are primary steps towards attracting FDIs. Apart from it, political stability is the major factor governing this process. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
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			'keywords' => '',
			'description' => 'A good chunk of Foreign Direct Investment (FDI), perhaps meant for Nepal is finding its way to the neighbouring Indian states. The Indian states, specially those sharing borders with Nepal, such as Bihar, Uttar Pradesh, Uttaranchal etc are fast becoming preferred investment destinations for foreign investors, thanks to the rapid infrastructure development, investment friendly industrial policies and guarantee of investment security in India in recent times.',
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	(int) 2 => array(
		'Article' => array(
			'id' => '698',
			'article_category_id' => '34',
			'title' => 'NDEX Money Expo 2012 From August 31',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="" border="1" height="115" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/NDEX.jpg" vspace="5" width="400" /><br />
	<br />
	A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event. <br />
	<br />
	Inspired from the success of Money Expo 2011 held last year, and being able to obtain wide appreciation from different business groups, visitors, regulatory bodies and participants; “NDEX Money Expo 2012” is believed to be a mega financial event. Being the largest finance and investment show in Nepal, it will focus on the promotion of investment opportunities and wealth protection strategies. <br />
	<br />
	Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the expo would help in motivating the investors and bring in investment by creating environment for interaction between different industrialists and business giants. <br />
	<br />
	“Events like this should be organized at regular intervals as they will definitely help improve investment climate in the country,” said Radesh Pant, CEO of Investment Board. Confederation of Nepalese Industries (CNI) Vice President Hari Bhakta Sharma urged the private sector to issue white paper to pressure the government. “Private sector must unite for a common minimum economic agenda and build pressure on the government,” he said. <br />
	<br />
	Similarly, Director of Nepal Rastra Bank Ashwani Kumar Thakur also urged to separate politics and economy for prosperity. Thakur told that he believes events like NDEX Money Expo 2012 would be highly effective to encourage and motivate investors. <br />
	<br />
	Bishnu Prasad Dhakal, Under Secretary at the Ministry of Industry, told that events like NDEX Money Expo 2012 should be a discussion platform on choosing the appropriate economic model of the country. He emphasized that the entrepreneurs should focus on the sectors having higher competitive advantage. Dhakal urged that domestic businesspersons should focus more on agriculture and hydroelectricity generation. <br />
	<br />
	“It will offer complete financial and investment solutions,” said Chairman of Arthik Abhiyan daily Madan Lamsal. The expo will focus on the promotion of investment opportunities and wealth protection strategies, he said. <br />
	<br />
	Speaking at the event, Kush Kumar Joshi, Chairman of Nepal Infrastructure Development Company Ltd, said that until and unless there is sufficient domestic investment, foreign investment cannot be expected. He urged collection of funds from the domestic sector for the infrastructure development of the country. He added that the basic prerequisite in inviting foreign investment is the development of the internal infrastructure. The expo is a unique businessnetworking event for the companies of financial sectors and their constituents. It provides investors a valuable opportunity to speak directly with the nation´s top financial experts related to trading and investment, banking, insurance, mutual funds, stocks, tax strategies, commodities and personal financial planning. <br />
	<br />
	The expo will have more than 122 stalls of different regulatory bodies, stock and commodity exchanges, banks and financial institutions, merchant bankers, investment companies, brokerage companies, remittance companies, insurance companies, depositors and clearing houses, portfolio management companies, financial knowledge management and training institutes, microfinance and cooperatives, traders and investors associations and clubs and financial domain technologies among others. Besides, various other events like seminars and speeches from financial experts, regulators, analyst and top investors, art exhibition and quiz contest, national and international currency show, trading and investment movie show will also be organized at the sidelines of the expo. <br />
	<br />
	<strong><br />
	The organizers are expecting a footfall of more than 300,000 at the event. </strong><br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event.',
			'sortorder' => '595',
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			'id' => '697',
			'article_category_id' => '34',
			'title' => 'Samsung Plaza Completes 10 Years',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="samsung plaza" border="1" height="264" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/samsung(2).jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Samsung Plaza Durbar Marg has completed 10 years of its operations successfully. It is an exclusive brand outlet of Samsung AudioVisual (AV) and Home Appliances (HA) products of Him Electronics, the authorized distributor of Global No. 1 Consumer Electronics Brand in Nepal. According to Seema Golchha, Director of Samsung Plaza, “We feel immensely happy after the successful completion of 10 years of Samsung Plaza and would like to give this credit to all of our valued customers. <br />
	<br />
	<br />
	Samsung Plaza showcases and retails Samsung’s latest technology products including Audio Visual Products, Home Appliances and Samsung’s Camera. It is an outlet that sells Samsung Products to the customers and provides exclusive services like high value purchase, after sales services, purchase counselling, doorstep delivery and free installation. Along with Durbar Marg, Samsung Plaza has expanded its service in Civil Mall, New Baneshwor and Kumaripati throughout the period of 10 years. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Samsung Plaza Durbar Marg has completed 10 years of its operations successfully. It is an exclusive brand outlet of Samsung AudioVisual (AV) and Home Appliances (HA) products of Him Electronics, the authorized distributor of Global No. 1 Consumer Electronics Brand in Nepal. According to Seema Golchha, Director of Samsung Plaza, “We feel immensely happy after the successful completion of 10 years of Samsung Plaza and would like to give this credit to all of our valued customers.',
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		'Article' => array(
			'id' => '696',
			'article_category_id' => '34',
			'title' => 'Maximising Business Productivity',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="maixmizing" border="1" height="269" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/microsoft.jpg" vspace="5" width="500" /><br />
	<br />
	<br />
	Thakral One, the end-to-end business solution provider for emerging markets, and Microsoft Corp recently concluded an event titled ‘Maximising Business Productivity’. <br />
	<br />
	<br />
	The event, attended by senior executives from across industries, provided the platform to highlight the need for deploying user-friendly applications and optimized infrastructure for organisations looking at sustaining as well as growing in the current dynamic business environment. Director - Asia Pacific Region at Microsoft, Alexander Oddoz- Mazet, shared with the audience how an exponential evolution of technologies and infrastructure, done independently in most cases, is creating communication silos and hence, there is a necessity of streamlining communications within the business world. Unified communications and business productivity solutions from Microsoft provide the answers to challenges such as these. <br />
	<br />
	Nabin Joshi, AGM-Sales &amp; Marketing of Thakral One, said, “Microsoft SharePoint is a business collaboration platform offering for the enterprise which would enable portal, workflow, business intelligence, enterprise search and content management capabilities. While commenting on Microsoft Unified Communications as a way to reduce complexity by putting people at the centre of the communications experience, Deependra Raj Bajracharya, Partner Account Manager (Nepal) of Microsoft Bangladesh Limited, said, “The goal is to integrate all of the ways we contact each other in a single environment while providing businesses with the power to choose how they provision those services.”<br />
	<br />
	Describing Thakral One’s commitment to its clients and partnership with Microsoft, Arun Khatri, Manager – Business Development – Enterprise Solution at Thakral One, said, “We are delighted to work with Microsoft for extending unified communications and business productivity solutions to our clients.” He added, “Our focus on building local infrastructure and endto- end skill sets, along with the proven methodologies that the Microsoft- Thakral One partnership brings to the table, will enable our customers to innovate and adapt to dynamic market conditions.” <br />
	<br />
	<br />
	The conference also delved on topics like the importance of optimising infrastructure, assessing and streamlining processes and, maximising team interactions and productivity. The evening ended with an invitation to the attendees to participate in the Customer Immersion Experience (CIE) – A unique opportunity for organisations and their end-users to get a rich, handson interactive experience, in a true-tolife environment, unlike traditional product presentations or demos. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The event, attended by senior executives from across industries, provided the platform to highlight the need for deploying user-friendly applications and optimized infrastructure for organisations looking at sustaining as well as growing in the current dynamic business environment. Director - Asia Pacific Region at Microsoft, Alexander Oddoz- Mazet, shared with the audience how an exponential evolution of technologies and infrastructure, done independently in most cases, is creating communication silos and hence, there is a necessity of streamlining communications within the business world. Unified communications and business productivity solutions from Microsoft provide the answers to challenges such as these.',
			'sortorder' => '593',
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	(int) 5 => array(
		'Article' => array(
			'id' => '695',
			'article_category_id' => '34',
			'title' => 'FNCCI Delegation Meets Uttar Pradesh Chief Minister',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="fncci" border="1" height="155" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/fncci(1).jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Uttar Pradesh (UP) Chief Minister Akhilesh Yadav assured a visiting Nepali delegation that his government would develop infrastructure in bordering districts on a priority basis. Yadav was interacting with the visiting delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by its Vice-President Bhawani Rana. He assured them that he would write to the union government of India for issues like the laying of a railway line, power and customs etc. <br />
	<br />
	Nepali entrepreneurs led by Rana and accompanied by media persons, on the occasion, apprised Yadav of various problems that Nepali entrepreneurs have been facing at the UP border. Representatives of FNCCI district chapters from the seven districts connected to UP briefed him about the problems they have been facing with border customs, transportation and security, while importing and exporting goods from India through UP. The Indian state is connected with eight districts of Nepal and is a major land route for imports from India. <br />
	<br />
	The 500-km-long Indo- Nepal border along the eight districts of Uttar Pradesh — Pilibhit, Lakhimpur Kheri, Bahraich, Shravasti, Balrampur, Sidharth Nagar, Maharajganj and Kushinagar –– and eight districts of Nepal — Kanchanpur, Kailali, Banke, Bardia, Dang, Rupandehi, Kapilvastu, and Nawalparasi –– play a significant role for the promotion of trade and investment as well as socioeconomic and cultural ties between the two countries. Saying that ties between India and Nepal date back to ancient times, Yadav said the problems of importing herbals from Nepal to India and the laying of a road running from Doodhibadi in Nepal till Gorakhpur in India, passing through the border district of Maharajganj, as raised by the Nepali delegation, would be taken up on priority. Yadav added that till the work on the proposed roads was not taken up, repairs of the existing roads would be taken up quickly so that movement of goods and people was not hindered. <br />
	<br />
	On law and order in the neighbouring districts of Nepal, he said UP Police officials would be vigilant at the Indo-Nepal border. Nepali delegates asked Yadav to also upgrade the Gaurifanta customs and Thutebari customs on the Indian side that will help boost trade with Nepal. The first ever team of Nepali entrepreneurs visiting the Indian state to boost trade and promote tourism jointly between the adjoining areas of the two countries, also held meetings with the Confederation of Indian Industries (CII) and customs officials, and discussed various issues. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
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			'keywords' => '',
			'description' => 'Uttar Pradesh (UP) Chief Minister Akhilesh Yadav assured a visiting Nepali delegation that his government would develop infrastructure in bordering districts on a priority basis. Yadav was interacting with the visiting delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by its Vice-President Bhawani Rana. He assured them that he would write to the union government of India for issues like the laying of a railway line, power and customs etc.',
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			'id' => '694',
			'article_category_id' => '34',
			'title' => 'Machhapuchhre And Standard Finance Merge',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="machhapuchhre" border="1" height="90" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/machhapuchhre.jpg" vspace="5" width="624" /><br />
	<br />
	Machhapuchhre Bank Limited (MBL) and Standard Finance Limited started joint operation after merger from July 9. The merged entity — Machhapuchhre Bank Limited – has a paidup capital of Rs 2.47 billion and reserves of Rs 240 million. “We have framed a long term business strategy of the new entity,” said MBL Chairman Surya Bahadur KC. “We believe the merger is purely a business decision done with an aim to grow and become one of the best financial institutions.” Before the merger, the capital adequacy ratio (CAR) of MBL was near the regulatory requirement of 10 per cent. “It was hurting us because we were unable to do good business despite ample opportunities,” said Apachh Kumar Yadav AGM of MBL. “On the other hand, Standard Finance’s CAR was pretty high, making the fund idle.” <br />
	<br />
	<br />
	Therefore, according to officials, the amalgamation will complement each other. Following the central bank’s refusal to entertain Standard’s application for upgradation into a commercial bank, its funds had remained idle. After the merger, the number of branches of the new entity will increase to 54. “There will be duplication of branches in five places,” said Standard CEO Umesh Singh Bhandari. “We are planning to relocate these branches.” <br />
	<br />
	<br />
	The officials also said the human resource is being handled carefully. All employees will have a place in the merged entity,” said Bhandari. According to him, the merger has increased the competitive ability of the bank. The bank will soon resume its operations in the rural sectors deprived of banking facilities, he added. <br />
	<br />
	<br />
	The speaker of Nepal Rastra Bank, Bhaskar Mani Gyawali has considered mergers between Nepali BFIs as a positive aspect. According to him, almost all the BFIs are eyeing merger as it leads towards strengthened paid up capital. Currently, 12 BFIs are on the verge to get merger approval from NRB. On the other hand, 12 more BFIs have submitted their merger proposals. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Machhapuchhre Bank Limited (MBL) and Standard Finance Limited started joint operation after merger from July 9. The merged entity — Machhapuchhre Bank Limited – has a paidup capital of Rs 2.47 billion and reserves of Rs 240 million. “We have framed a long term business strategy of the new entity,” said MBL Chairman Surya Bahadur KC. “We believe the merger is purely a business decision done with an aim to grow and become one of the best financial institutions.”',
			'sortorder' => '591',
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '693',
			'article_category_id' => '34',
			'title' => 'Yamaha MotoGP Screening',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="yamaha" border="1" height="225" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/yamaha.jpg" vspace="5" width="300" /><br />
	<br />
	MAW Enterprises Pvt Ltd, the sole distributor of Yamaha Motorcycle for Nepal, successfully conducted a screening program of MotoGP Racing in the bigger screen of The Factory Restaurant &amp; Bar, Thamel. The MotoGP Racing Championship Grand Prix is happening in different World Class Racing Circuit of the World. During the program, Yamaha had especially invited R15 Customers to watch racing program.<br />
	<br />
	More than 50 R15 Customers and other people participated to watch MotoGP racing. All participants were very excited to watch MotoGP in bigger screen. The company said that Moto GP Racing will be continued for this whole year and will be screened at Factory Restaurant for all the racing lovers. Yamaha had conducted various programs to give excitement to the customers, such as Stunt Show, Ride Tech Challenge, Cine Premier, Street Festival etc.</p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'MAW Enterprises Pvt Ltd, the sole distributor of Yamaha Motorcycle for Nepal, successfully conducted a screening program of MotoGP Racing in the bigger screen of The Factory Restaurant & Bar, Thamel. The MotoGP Racing Championship Grand Prix is happening in different World Class Racing Circuit of the World. During the program, Yamaha had especially invited R15 Customers to watch racing program.',
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	(int) 8 => array(
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			'id' => '692',
			'article_category_id' => '34',
			'title' => 'Hyundai Euro Experience Winners',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="hyundai" border="1" height="178" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/hyundai.jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Football being one of the most cherished games in Nepal and Hyundai being the official partner for EURO 2012, the event was designed for all to celebrate EURO and make it a memorable one. The prize distribution ceremony was held in Hyundai Showroom at Thapathali. This “HYUNDAI PREDICT &amp; WIN” contest was open for the people of all-walks-of-life to participate and win various prizes. <br />
	<br />
	To participate in this contest, the only thing one needed to do was log on to “facebook. com/hyundainepal”. Over 4,000 people participated in the contest. The winners were selected through lucky draw for multiple correct entries. The prizes were distributed to the winners by newly elected President of Laxmi Hyundai MMC (Manang Marshyandi Club) Jamling Ghale and player Anil Gurung. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Football being one of the most cherished games in Nepal and Hyundai being the official partner for EURO 2012, the event was designed for all to celebrate EURO and make it a memorable one. The prize distribution ceremony was held in Hyundai Showroom at Thapathali. This “HYUNDAI PREDICT & WIN” contest was open for the people of all-walks-of-life to participate and win various prizes.',
			'sortorder' => '589',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '691',
			'article_category_id' => '34',
			'title' => 'JCB Operator Meet In Pokhara',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="jcb" border="1" height="182" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/jcb.jpg" vspace="5" width="300" /><br />
	<br />
	JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Pokhara on 16 Asar. “The main objective behind this event was to educate and update operators about proactive maintenance,” said Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners’ as well.” <br />
	<br />
	Operators were educated and made aware about operating machine safely and trouble-free due to which they can increase the life of machine. In addition to above, they were educated about the care of machine in order to minimize the unforeseen breakdowns arising in future. <br />
	<br />
	Besides that, benefits of using genuine parts against spurious parts were also shared. During the program, operators were facilitated with free health checkup by professional doctors. As per the participants, this was the first time they had attended such program in Pokhara and they were highly benefited from the program and also requested MAW to continue this type of programs in nthe ear future as well. <br />
	<br />
	M.A.W. Enterprises Pvt Ltd took the dealership of JCB from 2003. JCB is located in Dhobighat, Lalipur and employs around 100 people with more than 50 per cent market share in Construction and Heavy Equipment Industry in Nepal. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Pokhara on 16 Asar. “The main objective behind this event was to educate and update operators about proactive maintenance,” said Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners’ as well.”',
			'sortorder' => '588',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	),
	(int) 10 => array(
		'Article' => array(
			'id' => '690',
			'article_category_id' => '34',
			'title' => 'Prudential Finance And Gorkha Finance To Merge',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	Prudential Finance Company Limited and Gorkha Finance Limited signed a Memorandum of Understanding (MoU) to get merged. Prudential Finance Company’s chairman Bhuvan Dev Pant and Gorkha Finance’s Chairman Manoranjan Raman Sharma signed the MoU. The finance companies have planned to conclude the merger procedure by mid-January 2013.</p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Prudential Finance Company Limited and Gorkha Finance Limited signed a Memorandum of Understanding (MoU) to get merged. Prudential Finance Company’s chairman Bhuvan Dev Pant and Gorkha Finance’s Chairman Manoranjan Raman Sharma signed the MoU. The finance companies have planned to conclude the merger procedure by mid-January 2013.',
			'sortorder' => '587',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
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		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '689',
			'article_category_id' => '34',
			'title' => 'Nepal Reaches 1000 Ford Cars',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="ford" border="1" height="123" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/ford.jpg" vspace="5" width="276" /><br />
	<br />
	<br />
	Since the GO Ford dealership launch on 31 October 2010, 1000 Ford vehicles have been sold in Nepal. In an environment where the vehicle market is really down, it is a great achievement for a brand that entered Nepal market just 19 months ago to hit this number. <br />
	<br />
	<br />
	The different models being sold in Nepal come from India and Thailand. They range from Hatchback to Pick-up. Ford Figo has already become the second most popular vehicle in its segment, racing ahead of older brands that have been in the market for much longer period of time. Following Ford’s worldwide “One Ford Campaign” and new slogan “Go Further”, world class models like All-New Fiesta have been launched in Nepal. There are further plans to launch newer models and internationally favorite models in a few months time. So far, Ford has been the only brand to take the initiative of transporting vehicles in a carrier from border to Kathmandu and not driven down. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Since the GO Ford dealership launch on 31 October 2010, 1000 Ford vehicles have been sold in Nepal. In an environment where the vehicle market is really down, it is a great achievement for a brand that entered Nepal market just 19 months ago to hit this number.',
			'sortorder' => '586',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '688',
			'article_category_id' => '34',
			'title' => 'CNI, HCI Sign MoU',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="CNI HCL " border="1" height="164" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/cni.jpg" vspace="5" width="300" /><br />
	<br />
	Confederation of Nepalese Industries (CNI) signed a Memorandum of Understanding (MoU) with Himalayan Climate Initiative (HCI) at a public function on July 15 in the presence of Honorable Dr Keshab Man Shakya, Minister at Ministry of Environment, Science and Technology. <br />
	<br />
	The MoU, which is considered as a first bold step of Nepal’s business leaders for putting Nepal on a low carbon development and green economy path, brings CNI and HCI together. The association would help build the capacity of CNI members on issues related to Climate Change and climate financing with the purpose of putting the private sector in leadership role. Dr Shakya, commended the MoU saying, “This is the way to go forward. The private sector, NGOs and the Government must work hand in hand to create a win-win for all.” <br />
	<br />
	Binod Chaudhary, the President of CNI, emphasized on the need for the Government and all sectors to come together through a cohesive platform and to create incentives through practical plans to help the Nepalese industries at this formative stage when they are struggling to move towards a greener path. <br />
	<br />
	Mr. Krishna Gyawali, Secretary at Ministry of Environment Science and Technology, said on the occasion, “We need to build on our strengths in terms of harnessing our renewable energy sources. Creating incentives for the private sector investment in the renewable energy will bring benefits to all.” The CEO and founder of HCI Prashant Singh highlighted the benefits of going green for the Nepalese industries and economy and committed that this partnership will bring concrete results in a relatively short span of time. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Confederation of Nepalese Industries (CNI) signed a Memorandum of Understanding (MoU) with Himalayan Climate Initiative (HCI) at a public function on July 15 in the presence of Honorable Dr Keshab Man Shakya, Minister at Ministry of Environment, Science and Technology.',
			'sortorder' => '585',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
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	),
	(int) 13 => array(
		'Article' => array(
			'id' => '687',
			'article_category_id' => '34',
			'title' => 'Two Pairs Of BFIs Merger Procedure Accomplished',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The merger between Annapurna Development Bank (ADB)-Suryadarshan Finance and Pashupati Development Bank (PDB)- Udhyam Development Bank (UDB) took place after receiving approval from Nepal Rastra Bank (NRB) on July 5. <br />
	<br />
	<br />
	After the merger, the companies started their operations as Supreme Development Bank (SDB) and Axis Development Bank (ADB) respectively from July 13. Shyam Kumar Katuwal, CEO of SDB, informed, “Khem Prashad Subedi, President of ADB would resume his position as the new President and Ambika Shrestha will be positioned as the CEO of SDB.” “Shrestha will commence his position as CEO till the first AGM of the company,” said Katuwal. The new headquarter of the company will be located at New Baneshwor. After the merger, the paid up capital of the company is worth Rs 770.20 million, credit flow- Rs 1.70 billion, deposit-Rs 2 billion and reserved fund-Rs 180 million. SDB will operate its services from 13 branch offices after amalgamation. The number of clients has reached the figure of 25,000 for SDB. <br />
	<br />
	<br />
	Similarly, Axis development Bank will start its business from October this year. Prakash Shrestha, CEO of PDB, said, “Axis Development Bank will start operating after a few months.” Meanwhile, the bank is working to develop its physical infrastructure, he added. <br />
	<br />
	<br />
	The bank’s headquarter would remain at Banepa and the corporate office at Kathmandu itself. Shrestha will resume his position of CEO after the merger as well. <br />
	<br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The merger between Annapurna Development Bank (ADB)-Suryadarshan Finance and Pashupati Development Bank (PDB)- Udhyam Development Bank (UDB) took place after receiving approval from Nepal Rastra Bank (NRB) on July 5.',
			'sortorder' => '584',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
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	(int) 14 => array(
		'Article' => array(
			'id' => '686',
			'article_category_id' => '34',
			'title' => 'Rs1 Billion Sugar Industry In Morang',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="sugar" border="1" height="231" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/morang.jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	H P Agrawal Group is all set to establish Sugar Industry worth an investment of Rs 1 billion with the capacity to produce 25 tons of sugar per day in Morang. Manish Agrawal, Managing Director of ‘Padma Sugar and Allied Industries’ informed that the industry will come into operation within two years. The company has purchased the land area of 35 bighas in Darwesa DVC of Morang to set up the sugar industry. <br />
	<br />
	“The company has received permission letter from the government in order to establish sugar industry,” shared Agrawal. The demand of sugar has been increasing by 10 per cent annually in Nepal. Agrawal accounted this reason as a motivation to set up the industry. <br />
	<br />
	The industrial source revealed that the raw material required for sugar production is available within the industrial site. “The farmers are attracted towards sugarcane farming as they tend to get good return from it,” said Agrawal. Therefore, there will not be a shortage of raw material for production, as there is adequate supply from local sources, he added. <br />
	<br />
	Agrawal informed that the industry would produce five million tons of ethanol annually from the residues of sugar. The company will provide employment opportunities to about 550 people. The annual demand of sugar in Nepal is 180,000 ton. However, only 130,000 ton sugar supply has been taking place. HP Agrawal Group entered the sugar industry about five years ago with Lumbini Sugar Industry. The company has its investment in oil, wheat flour, refined oil, soap, vegetable oil, jJute etc. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'H P Agrawal Group is all set to establish Sugar Industry worth an investment of Rs 1 billion with the capacity to produce 25 tons of sugar per day in Morang. Manish Agrawal, Managing Director of ‘Padma Sugar and Allied Industries’ informed that the industry will come into operation within two years. The company has purchased the land area of 35 bighas in Darwesa DVC of Morang to set up the sugar industry.',
			'sortorder' => '583',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	)
)
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '700',
			'article_category_id' => '34',
			'title' => 'Bhatbhateni Opens Outlet At Pokhara',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="bhatbateni" border="1" height="191" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/bhatbateni.jpg" vspace="5" width="400" /><br />
	<br />
	Bhatbhateni Super Market and Departmental Store Pvt Ltd opened its new outlet at Pokhara on July 14. Min Bahadur Gurung, Managing Director of Bhat Bhateni Supermarket and Department Store, inaugurated the new Pokhara outlet. <br />
	<br />
	The opening ceremony was initiated with the slogan “Product of Pokhara, Product of Nepal.” It is the sixth chain of the store and the first outside the Kathmandu Valley. According to Gurung, around 50,000 customers attended the opening of the store including businesspersons, tourism entrepreneurs, Nepal army and police personalities and local people of Pokhara. He expressed his happiness as more number of people visited the store during the opening ceremony, which was double the amount he had expected. <br />
	<br />
	The group has invested Rs 750 million in its Pokhara expansion drive. Gurung informed that the rates of the goods sold from Pokhara stores would be similar as that of the stores in Kathmandu. The new outlet at Pokhara features daily commodities, food items, vegetables, fruits, liquors, kitchenware, garments, electronic appliances, furniture, and decorative items, among others. “We will be bringing the finest quality products from all over the world and also provide world class service to our customers,” said Gurung. <br />
	<br />
	Bhatbhateni will provide 10 percent discount on all products for one month at the Pokhara outlet. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Bhatbhateni Super Market and Departmental Store Pvt Ltd opened its new outlet at Pokhara on July 14. Min Bahadur Gurung, Managing Director of Bhat Bhateni Supermarket and Department Store, inaugurated the new Pokhara outlet.',
			'sortorder' => '597',
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	(int) 1 => array(
		'Article' => array(
			'id' => '699',
			'article_category_id' => '34',
			'title' => 'Nepal Losing Out On FDI To Neighbouring Indian States',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	A good chunk of Foreign Direct Investment (FDI), perhaps meant for Nepal is finding its way to the neighbouring Indian states. The Indian states, specially those sharing borders with Nepal, such as Bihar, Uttar Pradesh, Uttaranchal etc are fast becoming preferred investment destinations for foreign investors, thanks to the rapid infrastructure development, investment friendly industrial policies and guarantee of investment security in India in recent times. <br />
	<br />
	Additionally, the political instability, strikes and extortions has hit the Nepali entrepreneurs adversely. Industrialists in Nepal have held responsible the government for lack of security. They have shown their dissatisfaction towards the government for narrowing the tax liberty rather than providing subsidies. <br />
	<br />
	Suraj Vaidya, President, FNCCI, said, “It is such a dreadful condition that the government has not been able to formulate economic agenda for overall industrial growth. “Investment securities are the major concern for both national and international investors these days. The present scenario would adversely affect the Nepali economy, thus losing out a large chunk of FDI to its southern neighbor, added Vaidya. Upper Karnali and Western Seti incidences have marked a bitter experience amongst the foreign investors. As stated by top officials of the federation, one Nepali Biscuit Industry vanished to India due to lack of favorable business environment. <br />
	<br />
	Dinesh Shrestha, Sectoral Committee Chairperson of FNCCI said, “The leaders of political parties have not been able to create favorable environment for investment. He urged the need to control the party workers to put a stop to the acts of extortion and strikes. The industrial policy drafted two years ago has not come into execution. This has resulted in creating discouragement amongst the Nepali industrialists. <br />
	<br />
	Currently, the financial indicators of Nepal are negative which stands at 134th position in terms of FDI within the list of 141 countries based on the World Investment Report-2011. Similarly, “Doing Business Index” of World Bank has considered Nepal as an unfavorable destination for Investment and doing business. This has relayed negative message in the international arena. On the other hand, foreign investors are lured towards neighbouring states of India due to flexibility in Indian FDI policies. <br />
	<br />
	Radhesh Pant, CEO, Investment Board, said, “Foreign investors seek “One Window Shop” and we have not been able to do adequate marketing of the available resources and other positive aspects.” There is a lack of coordination between the government and private sector in Nepal unlike India, added Panta. According to him, the government should provide investment security to existing investments along with seeking additional flow of FDIs. <br />
	<br />
	According to Vaidya, creating favorable investment environment and improvement in policies are primary steps towards attracting FDIs. Apart from it, political stability is the major factor governing this process. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'A good chunk of Foreign Direct Investment (FDI), perhaps meant for Nepal is finding its way to the neighbouring Indian states. The Indian states, specially those sharing borders with Nepal, such as Bihar, Uttar Pradesh, Uttaranchal etc are fast becoming preferred investment destinations for foreign investors, thanks to the rapid infrastructure development, investment friendly industrial policies and guarantee of investment security in India in recent times.',
			'sortorder' => '596',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 2 => array(
		'Article' => array(
			'id' => '698',
			'article_category_id' => '34',
			'title' => 'NDEX Money Expo 2012 From August 31',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="" border="1" height="115" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/NDEX.jpg" vspace="5" width="400" /><br />
	<br />
	A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event. <br />
	<br />
	Inspired from the success of Money Expo 2011 held last year, and being able to obtain wide appreciation from different business groups, visitors, regulatory bodies and participants; “NDEX Money Expo 2012” is believed to be a mega financial event. Being the largest finance and investment show in Nepal, it will focus on the promotion of investment opportunities and wealth protection strategies. <br />
	<br />
	Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the expo would help in motivating the investors and bring in investment by creating environment for interaction between different industrialists and business giants. <br />
	<br />
	“Events like this should be organized at regular intervals as they will definitely help improve investment climate in the country,” said Radesh Pant, CEO of Investment Board. Confederation of Nepalese Industries (CNI) Vice President Hari Bhakta Sharma urged the private sector to issue white paper to pressure the government. “Private sector must unite for a common minimum economic agenda and build pressure on the government,” he said. <br />
	<br />
	Similarly, Director of Nepal Rastra Bank Ashwani Kumar Thakur also urged to separate politics and economy for prosperity. Thakur told that he believes events like NDEX Money Expo 2012 would be highly effective to encourage and motivate investors. <br />
	<br />
	Bishnu Prasad Dhakal, Under Secretary at the Ministry of Industry, told that events like NDEX Money Expo 2012 should be a discussion platform on choosing the appropriate economic model of the country. He emphasized that the entrepreneurs should focus on the sectors having higher competitive advantage. Dhakal urged that domestic businesspersons should focus more on agriculture and hydroelectricity generation. <br />
	<br />
	“It will offer complete financial and investment solutions,” said Chairman of Arthik Abhiyan daily Madan Lamsal. The expo will focus on the promotion of investment opportunities and wealth protection strategies, he said. <br />
	<br />
	Speaking at the event, Kush Kumar Joshi, Chairman of Nepal Infrastructure Development Company Ltd, said that until and unless there is sufficient domestic investment, foreign investment cannot be expected. He urged collection of funds from the domestic sector for the infrastructure development of the country. He added that the basic prerequisite in inviting foreign investment is the development of the internal infrastructure. The expo is a unique businessnetworking event for the companies of financial sectors and their constituents. It provides investors a valuable opportunity to speak directly with the nation´s top financial experts related to trading and investment, banking, insurance, mutual funds, stocks, tax strategies, commodities and personal financial planning. <br />
	<br />
	The expo will have more than 122 stalls of different regulatory bodies, stock and commodity exchanges, banks and financial institutions, merchant bankers, investment companies, brokerage companies, remittance companies, insurance companies, depositors and clearing houses, portfolio management companies, financial knowledge management and training institutes, microfinance and cooperatives, traders and investors associations and clubs and financial domain technologies among others. Besides, various other events like seminars and speeches from financial experts, regulators, analyst and top investors, art exhibition and quiz contest, national and international currency show, trading and investment movie show will also be organized at the sidelines of the expo. <br />
	<br />
	<strong><br />
	The organizers are expecting a footfall of more than 300,000 at the event. </strong><br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event.',
			'sortorder' => '595',
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			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	),
	(int) 3 => array(
		'Article' => array(
			'id' => '697',
			'article_category_id' => '34',
			'title' => 'Samsung Plaza Completes 10 Years',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="samsung plaza" border="1" height="264" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/samsung(2).jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Samsung Plaza Durbar Marg has completed 10 years of its operations successfully. It is an exclusive brand outlet of Samsung AudioVisual (AV) and Home Appliances (HA) products of Him Electronics, the authorized distributor of Global No. 1 Consumer Electronics Brand in Nepal. According to Seema Golchha, Director of Samsung Plaza, “We feel immensely happy after the successful completion of 10 years of Samsung Plaza and would like to give this credit to all of our valued customers. <br />
	<br />
	<br />
	Samsung Plaza showcases and retails Samsung’s latest technology products including Audio Visual Products, Home Appliances and Samsung’s Camera. It is an outlet that sells Samsung Products to the customers and provides exclusive services like high value purchase, after sales services, purchase counselling, doorstep delivery and free installation. Along with Durbar Marg, Samsung Plaza has expanded its service in Civil Mall, New Baneshwor and Kumaripati throughout the period of 10 years. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Samsung Plaza Durbar Marg has completed 10 years of its operations successfully. It is an exclusive brand outlet of Samsung AudioVisual (AV) and Home Appliances (HA) products of Him Electronics, the authorized distributor of Global No. 1 Consumer Electronics Brand in Nepal. According to Seema Golchha, Director of Samsung Plaza, “We feel immensely happy after the successful completion of 10 years of Samsung Plaza and would like to give this credit to all of our valued customers.',
			'sortorder' => '594',
			'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' => '696',
			'article_category_id' => '34',
			'title' => 'Maximising Business Productivity',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="maixmizing" border="1" height="269" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/microsoft.jpg" vspace="5" width="500" /><br />
	<br />
	<br />
	Thakral One, the end-to-end business solution provider for emerging markets, and Microsoft Corp recently concluded an event titled ‘Maximising Business Productivity’. <br />
	<br />
	<br />
	The event, attended by senior executives from across industries, provided the platform to highlight the need for deploying user-friendly applications and optimized infrastructure for organisations looking at sustaining as well as growing in the current dynamic business environment. Director - Asia Pacific Region at Microsoft, Alexander Oddoz- Mazet, shared with the audience how an exponential evolution of technologies and infrastructure, done independently in most cases, is creating communication silos and hence, there is a necessity of streamlining communications within the business world. Unified communications and business productivity solutions from Microsoft provide the answers to challenges such as these. <br />
	<br />
	Nabin Joshi, AGM-Sales &amp; Marketing of Thakral One, said, “Microsoft SharePoint is a business collaboration platform offering for the enterprise which would enable portal, workflow, business intelligence, enterprise search and content management capabilities. While commenting on Microsoft Unified Communications as a way to reduce complexity by putting people at the centre of the communications experience, Deependra Raj Bajracharya, Partner Account Manager (Nepal) of Microsoft Bangladesh Limited, said, “The goal is to integrate all of the ways we contact each other in a single environment while providing businesses with the power to choose how they provision those services.”<br />
	<br />
	Describing Thakral One’s commitment to its clients and partnership with Microsoft, Arun Khatri, Manager – Business Development – Enterprise Solution at Thakral One, said, “We are delighted to work with Microsoft for extending unified communications and business productivity solutions to our clients.” He added, “Our focus on building local infrastructure and endto- end skill sets, along with the proven methodologies that the Microsoft- Thakral One partnership brings to the table, will enable our customers to innovate and adapt to dynamic market conditions.” <br />
	<br />
	<br />
	The conference also delved on topics like the importance of optimising infrastructure, assessing and streamlining processes and, maximising team interactions and productivity. The evening ended with an invitation to the attendees to participate in the Customer Immersion Experience (CIE) – A unique opportunity for organisations and their end-users to get a rich, handson interactive experience, in a true-tolife environment, unlike traditional product presentations or demos. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The event, attended by senior executives from across industries, provided the platform to highlight the need for deploying user-friendly applications and optimized infrastructure for organisations looking at sustaining as well as growing in the current dynamic business environment. Director - Asia Pacific Region at Microsoft, Alexander Oddoz- Mazet, shared with the audience how an exponential evolution of technologies and infrastructure, done independently in most cases, is creating communication silos and hence, there is a necessity of streamlining communications within the business world. Unified communications and business productivity solutions from Microsoft provide the answers to challenges such as these.',
			'sortorder' => '593',
			'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' => '695',
			'article_category_id' => '34',
			'title' => 'FNCCI Delegation Meets Uttar Pradesh Chief Minister',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="fncci" border="1" height="155" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/fncci(1).jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Uttar Pradesh (UP) Chief Minister Akhilesh Yadav assured a visiting Nepali delegation that his government would develop infrastructure in bordering districts on a priority basis. Yadav was interacting with the visiting delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by its Vice-President Bhawani Rana. He assured them that he would write to the union government of India for issues like the laying of a railway line, power and customs etc. <br />
	<br />
	Nepali entrepreneurs led by Rana and accompanied by media persons, on the occasion, apprised Yadav of various problems that Nepali entrepreneurs have been facing at the UP border. Representatives of FNCCI district chapters from the seven districts connected to UP briefed him about the problems they have been facing with border customs, transportation and security, while importing and exporting goods from India through UP. The Indian state is connected with eight districts of Nepal and is a major land route for imports from India. <br />
	<br />
	The 500-km-long Indo- Nepal border along the eight districts of Uttar Pradesh — Pilibhit, Lakhimpur Kheri, Bahraich, Shravasti, Balrampur, Sidharth Nagar, Maharajganj and Kushinagar –– and eight districts of Nepal — Kanchanpur, Kailali, Banke, Bardia, Dang, Rupandehi, Kapilvastu, and Nawalparasi –– play a significant role for the promotion of trade and investment as well as socioeconomic and cultural ties between the two countries. Saying that ties between India and Nepal date back to ancient times, Yadav said the problems of importing herbals from Nepal to India and the laying of a road running from Doodhibadi in Nepal till Gorakhpur in India, passing through the border district of Maharajganj, as raised by the Nepali delegation, would be taken up on priority. Yadav added that till the work on the proposed roads was not taken up, repairs of the existing roads would be taken up quickly so that movement of goods and people was not hindered. <br />
	<br />
	On law and order in the neighbouring districts of Nepal, he said UP Police officials would be vigilant at the Indo-Nepal border. Nepali delegates asked Yadav to also upgrade the Gaurifanta customs and Thutebari customs on the Indian side that will help boost trade with Nepal. The first ever team of Nepali entrepreneurs visiting the Indian state to boost trade and promote tourism jointly between the adjoining areas of the two countries, also held meetings with the Confederation of Indian Industries (CII) and customs officials, and discussed various issues. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Uttar Pradesh (UP) Chief Minister Akhilesh Yadav assured a visiting Nepali delegation that his government would develop infrastructure in bordering districts on a priority basis. Yadav was interacting with the visiting delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by its Vice-President Bhawani Rana. He assured them that he would write to the union government of India for issues like the laying of a railway line, power and customs etc.',
			'sortorder' => '592',
			'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' => '694',
			'article_category_id' => '34',
			'title' => 'Machhapuchhre And Standard Finance Merge',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="machhapuchhre" border="1" height="90" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/machhapuchhre.jpg" vspace="5" width="624" /><br />
	<br />
	Machhapuchhre Bank Limited (MBL) and Standard Finance Limited started joint operation after merger from July 9. The merged entity — Machhapuchhre Bank Limited – has a paidup capital of Rs 2.47 billion and reserves of Rs 240 million. “We have framed a long term business strategy of the new entity,” said MBL Chairman Surya Bahadur KC. “We believe the merger is purely a business decision done with an aim to grow and become one of the best financial institutions.” Before the merger, the capital adequacy ratio (CAR) of MBL was near the regulatory requirement of 10 per cent. “It was hurting us because we were unable to do good business despite ample opportunities,” said Apachh Kumar Yadav AGM of MBL. “On the other hand, Standard Finance’s CAR was pretty high, making the fund idle.” <br />
	<br />
	<br />
	Therefore, according to officials, the amalgamation will complement each other. Following the central bank’s refusal to entertain Standard’s application for upgradation into a commercial bank, its funds had remained idle. After the merger, the number of branches of the new entity will increase to 54. “There will be duplication of branches in five places,” said Standard CEO Umesh Singh Bhandari. “We are planning to relocate these branches.” <br />
	<br />
	<br />
	The officials also said the human resource is being handled carefully. All employees will have a place in the merged entity,” said Bhandari. According to him, the merger has increased the competitive ability of the bank. The bank will soon resume its operations in the rural sectors deprived of banking facilities, he added. <br />
	<br />
	<br />
	The speaker of Nepal Rastra Bank, Bhaskar Mani Gyawali has considered mergers between Nepali BFIs as a positive aspect. According to him, almost all the BFIs are eyeing merger as it leads towards strengthened paid up capital. Currently, 12 BFIs are on the verge to get merger approval from NRB. On the other hand, 12 more BFIs have submitted their merger proposals. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Machhapuchhre Bank Limited (MBL) and Standard Finance Limited started joint operation after merger from July 9. The merged entity — Machhapuchhre Bank Limited – has a paidup capital of Rs 2.47 billion and reserves of Rs 240 million. “We have framed a long term business strategy of the new entity,” said MBL Chairman Surya Bahadur KC. “We believe the merger is purely a business decision done with an aim to grow and become one of the best financial institutions.”',
			'sortorder' => '591',
			'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' => '693',
			'article_category_id' => '34',
			'title' => 'Yamaha MotoGP Screening',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="yamaha" border="1" height="225" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/yamaha.jpg" vspace="5" width="300" /><br />
	<br />
	MAW Enterprises Pvt Ltd, the sole distributor of Yamaha Motorcycle for Nepal, successfully conducted a screening program of MotoGP Racing in the bigger screen of The Factory Restaurant &amp; Bar, Thamel. The MotoGP Racing Championship Grand Prix is happening in different World Class Racing Circuit of the World. During the program, Yamaha had especially invited R15 Customers to watch racing program.<br />
	<br />
	More than 50 R15 Customers and other people participated to watch MotoGP racing. All participants were very excited to watch MotoGP in bigger screen. The company said that Moto GP Racing will be continued for this whole year and will be screened at Factory Restaurant for all the racing lovers. Yamaha had conducted various programs to give excitement to the customers, such as Stunt Show, Ride Tech Challenge, Cine Premier, Street Festival etc.</p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'MAW Enterprises Pvt Ltd, the sole distributor of Yamaha Motorcycle for Nepal, successfully conducted a screening program of MotoGP Racing in the bigger screen of The Factory Restaurant & Bar, Thamel. The MotoGP Racing Championship Grand Prix is happening in different World Class Racing Circuit of the World. During the program, Yamaha had especially invited R15 Customers to watch racing program.',
			'sortorder' => '590',
			'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' => '692',
			'article_category_id' => '34',
			'title' => 'Hyundai Euro Experience Winners',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="hyundai" border="1" height="178" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/hyundai.jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Football being one of the most cherished games in Nepal and Hyundai being the official partner for EURO 2012, the event was designed for all to celebrate EURO and make it a memorable one. The prize distribution ceremony was held in Hyundai Showroom at Thapathali. This “HYUNDAI PREDICT &amp; WIN” contest was open for the people of all-walks-of-life to participate and win various prizes. <br />
	<br />
	To participate in this contest, the only thing one needed to do was log on to “facebook. com/hyundainepal”. Over 4,000 people participated in the contest. The winners were selected through lucky draw for multiple correct entries. The prizes were distributed to the winners by newly elected President of Laxmi Hyundai MMC (Manang Marshyandi Club) Jamling Ghale and player Anil Gurung. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Football being one of the most cherished games in Nepal and Hyundai being the official partner for EURO 2012, the event was designed for all to celebrate EURO and make it a memorable one. The prize distribution ceremony was held in Hyundai Showroom at Thapathali. This “HYUNDAI PREDICT & WIN” contest was open for the people of all-walks-of-life to participate and win various prizes.',
			'sortorder' => '589',
			'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' => '691',
			'article_category_id' => '34',
			'title' => 'JCB Operator Meet In Pokhara',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="jcb" border="1" height="182" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/jcb.jpg" vspace="5" width="300" /><br />
	<br />
	JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Pokhara on 16 Asar. “The main objective behind this event was to educate and update operators about proactive maintenance,” said Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners’ as well.” <br />
	<br />
	Operators were educated and made aware about operating machine safely and trouble-free due to which they can increase the life of machine. In addition to above, they were educated about the care of machine in order to minimize the unforeseen breakdowns arising in future. <br />
	<br />
	Besides that, benefits of using genuine parts against spurious parts were also shared. During the program, operators were facilitated with free health checkup by professional doctors. As per the participants, this was the first time they had attended such program in Pokhara and they were highly benefited from the program and also requested MAW to continue this type of programs in nthe ear future as well. <br />
	<br />
	M.A.W. Enterprises Pvt Ltd took the dealership of JCB from 2003. JCB is located in Dhobighat, Lalipur and employs around 100 people with more than 50 per cent market share in Construction and Heavy Equipment Industry in Nepal. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Pokhara on 16 Asar. “The main objective behind this event was to educate and update operators about proactive maintenance,” said Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners’ as well.”',
			'sortorder' => '588',
			'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' => '690',
			'article_category_id' => '34',
			'title' => 'Prudential Finance And Gorkha Finance To Merge',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	Prudential Finance Company Limited and Gorkha Finance Limited signed a Memorandum of Understanding (MoU) to get merged. Prudential Finance Company’s chairman Bhuvan Dev Pant and Gorkha Finance’s Chairman Manoranjan Raman Sharma signed the MoU. The finance companies have planned to conclude the merger procedure by mid-January 2013.</p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Prudential Finance Company Limited and Gorkha Finance Limited signed a Memorandum of Understanding (MoU) to get merged. Prudential Finance Company’s chairman Bhuvan Dev Pant and Gorkha Finance’s Chairman Manoranjan Raman Sharma signed the MoU. The finance companies have planned to conclude the merger procedure by mid-January 2013.',
			'sortorder' => '587',
			'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' => '689',
			'article_category_id' => '34',
			'title' => 'Nepal Reaches 1000 Ford Cars',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="ford" border="1" height="123" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/ford.jpg" vspace="5" width="276" /><br />
	<br />
	<br />
	Since the GO Ford dealership launch on 31 October 2010, 1000 Ford vehicles have been sold in Nepal. In an environment where the vehicle market is really down, it is a great achievement for a brand that entered Nepal market just 19 months ago to hit this number. <br />
	<br />
	<br />
	The different models being sold in Nepal come from India and Thailand. They range from Hatchback to Pick-up. Ford Figo has already become the second most popular vehicle in its segment, racing ahead of older brands that have been in the market for much longer period of time. Following Ford’s worldwide “One Ford Campaign” and new slogan “Go Further”, world class models like All-New Fiesta have been launched in Nepal. There are further plans to launch newer models and internationally favorite models in a few months time. So far, Ford has been the only brand to take the initiative of transporting vehicles in a carrier from border to Kathmandu and not driven down. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Since the GO Ford dealership launch on 31 October 2010, 1000 Ford vehicles have been sold in Nepal. In an environment where the vehicle market is really down, it is a great achievement for a brand that entered Nepal market just 19 months ago to hit this number.',
			'sortorder' => '586',
			'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' => '688',
			'article_category_id' => '34',
			'title' => 'CNI, HCI Sign MoU',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="CNI HCL " border="1" height="164" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/cni.jpg" vspace="5" width="300" /><br />
	<br />
	Confederation of Nepalese Industries (CNI) signed a Memorandum of Understanding (MoU) with Himalayan Climate Initiative (HCI) at a public function on July 15 in the presence of Honorable Dr Keshab Man Shakya, Minister at Ministry of Environment, Science and Technology. <br />
	<br />
	The MoU, which is considered as a first bold step of Nepal’s business leaders for putting Nepal on a low carbon development and green economy path, brings CNI and HCI together. The association would help build the capacity of CNI members on issues related to Climate Change and climate financing with the purpose of putting the private sector in leadership role. Dr Shakya, commended the MoU saying, “This is the way to go forward. The private sector, NGOs and the Government must work hand in hand to create a win-win for all.” <br />
	<br />
	Binod Chaudhary, the President of CNI, emphasized on the need for the Government and all sectors to come together through a cohesive platform and to create incentives through practical plans to help the Nepalese industries at this formative stage when they are struggling to move towards a greener path. <br />
	<br />
	Mr. Krishna Gyawali, Secretary at Ministry of Environment Science and Technology, said on the occasion, “We need to build on our strengths in terms of harnessing our renewable energy sources. Creating incentives for the private sector investment in the renewable energy will bring benefits to all.” The CEO and founder of HCI Prashant Singh highlighted the benefits of going green for the Nepalese industries and economy and committed that this partnership will bring concrete results in a relatively short span of time. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Confederation of Nepalese Industries (CNI) signed a Memorandum of Understanding (MoU) with Himalayan Climate Initiative (HCI) at a public function on July 15 in the presence of Honorable Dr Keshab Man Shakya, Minister at Ministry of Environment, Science and Technology.',
			'sortorder' => '585',
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		'Article' => array(
			'id' => '687',
			'article_category_id' => '34',
			'title' => 'Two Pairs Of BFIs Merger Procedure Accomplished',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The merger between Annapurna Development Bank (ADB)-Suryadarshan Finance and Pashupati Development Bank (PDB)- Udhyam Development Bank (UDB) took place after receiving approval from Nepal Rastra Bank (NRB) on July 5. <br />
	<br />
	<br />
	After the merger, the companies started their operations as Supreme Development Bank (SDB) and Axis Development Bank (ADB) respectively from July 13. Shyam Kumar Katuwal, CEO of SDB, informed, “Khem Prashad Subedi, President of ADB would resume his position as the new President and Ambika Shrestha will be positioned as the CEO of SDB.” “Shrestha will commence his position as CEO till the first AGM of the company,” said Katuwal. The new headquarter of the company will be located at New Baneshwor. After the merger, the paid up capital of the company is worth Rs 770.20 million, credit flow- Rs 1.70 billion, deposit-Rs 2 billion and reserved fund-Rs 180 million. SDB will operate its services from 13 branch offices after amalgamation. The number of clients has reached the figure of 25,000 for SDB. <br />
	<br />
	<br />
	Similarly, Axis development Bank will start its business from October this year. Prakash Shrestha, CEO of PDB, said, “Axis Development Bank will start operating after a few months.” Meanwhile, the bank is working to develop its physical infrastructure, he added. <br />
	<br />
	<br />
	The bank’s headquarter would remain at Banepa and the corporate office at Kathmandu itself. Shrestha will resume his position of CEO after the merger as well. <br />
	<br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The merger between Annapurna Development Bank (ADB)-Suryadarshan Finance and Pashupati Development Bank (PDB)- Udhyam Development Bank (UDB) took place after receiving approval from Nepal Rastra Bank (NRB) on July 5.',
			'sortorder' => '584',
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		'Article' => array(
			'id' => '686',
			'article_category_id' => '34',
			'title' => 'Rs1 Billion Sugar Industry In Morang',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="sugar" border="1" height="231" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/morang.jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	H P Agrawal Group is all set to establish Sugar Industry worth an investment of Rs 1 billion with the capacity to produce 25 tons of sugar per day in Morang. Manish Agrawal, Managing Director of ‘Padma Sugar and Allied Industries’ informed that the industry will come into operation within two years. The company has purchased the land area of 35 bighas in Darwesa DVC of Morang to set up the sugar industry. <br />
	<br />
	“The company has received permission letter from the government in order to establish sugar industry,” shared Agrawal. The demand of sugar has been increasing by 10 per cent annually in Nepal. Agrawal accounted this reason as a motivation to set up the industry. <br />
	<br />
	The industrial source revealed that the raw material required for sugar production is available within the industrial site. “The farmers are attracted towards sugarcane farming as they tend to get good return from it,” said Agrawal. Therefore, there will not be a shortage of raw material for production, as there is adequate supply from local sources, he added. <br />
	<br />
	Agrawal informed that the industry would produce five million tons of ethanol annually from the residues of sugar. The company will provide employment opportunities to about 550 people. The annual demand of sugar in Nepal is 180,000 ton. However, only 130,000 ton sugar supply has been taking place. HP Agrawal Group entered the sugar industry about five years ago with Lumbini Sugar Industry. The company has its investment in oil, wheat flour, refined oil, soap, vegetable oil, jJute etc. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'H P Agrawal Group is all set to establish Sugar Industry worth an investment of Rs 1 billion with the capacity to produce 25 tons of sugar per day in Morang. Manish Agrawal, Managing Director of ‘Padma Sugar and Allied Industries’ informed that the industry will come into operation within two years. The company has purchased the land area of 35 bighas in Darwesa DVC of Morang to set up the sugar industry.',
			'sortorder' => '583',
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)
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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
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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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$articles = array(
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		'Article' => array(
			'id' => '700',
			'article_category_id' => '34',
			'title' => 'Bhatbhateni Opens Outlet At Pokhara',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="bhatbateni" border="1" height="191" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/bhatbateni.jpg" vspace="5" width="400" /><br />
	<br />
	Bhatbhateni Super Market and Departmental Store Pvt Ltd opened its new outlet at Pokhara on July 14. Min Bahadur Gurung, Managing Director of Bhat Bhateni Supermarket and Department Store, inaugurated the new Pokhara outlet. <br />
	<br />
	The opening ceremony was initiated with the slogan “Product of Pokhara, Product of Nepal.” It is the sixth chain of the store and the first outside the Kathmandu Valley. According to Gurung, around 50,000 customers attended the opening of the store including businesspersons, tourism entrepreneurs, Nepal army and police personalities and local people of Pokhara. He expressed his happiness as more number of people visited the store during the opening ceremony, which was double the amount he had expected. <br />
	<br />
	The group has invested Rs 750 million in its Pokhara expansion drive. Gurung informed that the rates of the goods sold from Pokhara stores would be similar as that of the stores in Kathmandu. The new outlet at Pokhara features daily commodities, food items, vegetables, fruits, liquors, kitchenware, garments, electronic appliances, furniture, and decorative items, among others. “We will be bringing the finest quality products from all over the world and also provide world class service to our customers,” said Gurung. <br />
	<br />
	Bhatbhateni will provide 10 percent discount on all products for one month at the Pokhara outlet. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Bhatbhateni Super Market and Departmental Store Pvt Ltd opened its new outlet at Pokhara on July 14. Min Bahadur Gurung, Managing Director of Bhat Bhateni Supermarket and Department Store, inaugurated the new Pokhara outlet.',
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		'Article' => array(
			'id' => '699',
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			'title' => 'Nepal Losing Out On FDI To Neighbouring Indian States',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	A good chunk of Foreign Direct Investment (FDI), perhaps meant for Nepal is finding its way to the neighbouring Indian states. The Indian states, specially those sharing borders with Nepal, such as Bihar, Uttar Pradesh, Uttaranchal etc are fast becoming preferred investment destinations for foreign investors, thanks to the rapid infrastructure development, investment friendly industrial policies and guarantee of investment security in India in recent times. <br />
	<br />
	Additionally, the political instability, strikes and extortions has hit the Nepali entrepreneurs adversely. Industrialists in Nepal have held responsible the government for lack of security. They have shown their dissatisfaction towards the government for narrowing the tax liberty rather than providing subsidies. <br />
	<br />
	Suraj Vaidya, President, FNCCI, said, “It is such a dreadful condition that the government has not been able to formulate economic agenda for overall industrial growth. “Investment securities are the major concern for both national and international investors these days. The present scenario would adversely affect the Nepali economy, thus losing out a large chunk of FDI to its southern neighbor, added Vaidya. Upper Karnali and Western Seti incidences have marked a bitter experience amongst the foreign investors. As stated by top officials of the federation, one Nepali Biscuit Industry vanished to India due to lack of favorable business environment. <br />
	<br />
	Dinesh Shrestha, Sectoral Committee Chairperson of FNCCI said, “The leaders of political parties have not been able to create favorable environment for investment. He urged the need to control the party workers to put a stop to the acts of extortion and strikes. The industrial policy drafted two years ago has not come into execution. This has resulted in creating discouragement amongst the Nepali industrialists. <br />
	<br />
	Currently, the financial indicators of Nepal are negative which stands at 134th position in terms of FDI within the list of 141 countries based on the World Investment Report-2011. Similarly, “Doing Business Index” of World Bank has considered Nepal as an unfavorable destination for Investment and doing business. This has relayed negative message in the international arena. On the other hand, foreign investors are lured towards neighbouring states of India due to flexibility in Indian FDI policies. <br />
	<br />
	Radhesh Pant, CEO, Investment Board, said, “Foreign investors seek “One Window Shop” and we have not been able to do adequate marketing of the available resources and other positive aspects.” There is a lack of coordination between the government and private sector in Nepal unlike India, added Panta. According to him, the government should provide investment security to existing investments along with seeking additional flow of FDIs. <br />
	<br />
	According to Vaidya, creating favorable investment environment and improvement in policies are primary steps towards attracting FDIs. Apart from it, political stability is the major factor governing this process. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'A good chunk of Foreign Direct Investment (FDI), perhaps meant for Nepal is finding its way to the neighbouring Indian states. The Indian states, specially those sharing borders with Nepal, such as Bihar, Uttar Pradesh, Uttaranchal etc are fast becoming preferred investment destinations for foreign investors, thanks to the rapid infrastructure development, investment friendly industrial policies and guarantee of investment security in India in recent times.',
			'sortorder' => '596',
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	(int) 2 => array(
		'Article' => array(
			'id' => '698',
			'article_category_id' => '34',
			'title' => 'NDEX Money Expo 2012 From August 31',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="" border="1" height="115" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/NDEX.jpg" vspace="5" width="400" /><br />
	<br />
	A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event. <br />
	<br />
	Inspired from the success of Money Expo 2011 held last year, and being able to obtain wide appreciation from different business groups, visitors, regulatory bodies and participants; “NDEX Money Expo 2012” is believed to be a mega financial event. Being the largest finance and investment show in Nepal, it will focus on the promotion of investment opportunities and wealth protection strategies. <br />
	<br />
	Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the expo would help in motivating the investors and bring in investment by creating environment for interaction between different industrialists and business giants. <br />
	<br />
	“Events like this should be organized at regular intervals as they will definitely help improve investment climate in the country,” said Radesh Pant, CEO of Investment Board. Confederation of Nepalese Industries (CNI) Vice President Hari Bhakta Sharma urged the private sector to issue white paper to pressure the government. “Private sector must unite for a common minimum economic agenda and build pressure on the government,” he said. <br />
	<br />
	Similarly, Director of Nepal Rastra Bank Ashwani Kumar Thakur also urged to separate politics and economy for prosperity. Thakur told that he believes events like NDEX Money Expo 2012 would be highly effective to encourage and motivate investors. <br />
	<br />
	Bishnu Prasad Dhakal, Under Secretary at the Ministry of Industry, told that events like NDEX Money Expo 2012 should be a discussion platform on choosing the appropriate economic model of the country. He emphasized that the entrepreneurs should focus on the sectors having higher competitive advantage. Dhakal urged that domestic businesspersons should focus more on agriculture and hydroelectricity generation. <br />
	<br />
	“It will offer complete financial and investment solutions,” said Chairman of Arthik Abhiyan daily Madan Lamsal. The expo will focus on the promotion of investment opportunities and wealth protection strategies, he said. <br />
	<br />
	Speaking at the event, Kush Kumar Joshi, Chairman of Nepal Infrastructure Development Company Ltd, said that until and unless there is sufficient domestic investment, foreign investment cannot be expected. He urged collection of funds from the domestic sector for the infrastructure development of the country. He added that the basic prerequisite in inviting foreign investment is the development of the internal infrastructure. The expo is a unique businessnetworking event for the companies of financial sectors and their constituents. It provides investors a valuable opportunity to speak directly with the nation´s top financial experts related to trading and investment, banking, insurance, mutual funds, stocks, tax strategies, commodities and personal financial planning. <br />
	<br />
	The expo will have more than 122 stalls of different regulatory bodies, stock and commodity exchanges, banks and financial institutions, merchant bankers, investment companies, brokerage companies, remittance companies, insurance companies, depositors and clearing houses, portfolio management companies, financial knowledge management and training institutes, microfinance and cooperatives, traders and investors associations and clubs and financial domain technologies among others. Besides, various other events like seminars and speeches from financial experts, regulators, analyst and top investors, art exhibition and quiz contest, national and international currency show, trading and investment movie show will also be organized at the sidelines of the expo. <br />
	<br />
	<strong><br />
	The organizers are expecting a footfall of more than 300,000 at the event. </strong><br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event.',
			'sortorder' => '595',
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		'Article' => array(
			'id' => '697',
			'article_category_id' => '34',
			'title' => 'Samsung Plaza Completes 10 Years',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="samsung plaza" border="1" height="264" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/samsung(2).jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Samsung Plaza Durbar Marg has completed 10 years of its operations successfully. It is an exclusive brand outlet of Samsung AudioVisual (AV) and Home Appliances (HA) products of Him Electronics, the authorized distributor of Global No. 1 Consumer Electronics Brand in Nepal. According to Seema Golchha, Director of Samsung Plaza, “We feel immensely happy after the successful completion of 10 years of Samsung Plaza and would like to give this credit to all of our valued customers. <br />
	<br />
	<br />
	Samsung Plaza showcases and retails Samsung’s latest technology products including Audio Visual Products, Home Appliances and Samsung’s Camera. It is an outlet that sells Samsung Products to the customers and provides exclusive services like high value purchase, after sales services, purchase counselling, doorstep delivery and free installation. Along with Durbar Marg, Samsung Plaza has expanded its service in Civil Mall, New Baneshwor and Kumaripati throughout the period of 10 years. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Samsung Plaza Durbar Marg has completed 10 years of its operations successfully. It is an exclusive brand outlet of Samsung AudioVisual (AV) and Home Appliances (HA) products of Him Electronics, the authorized distributor of Global No. 1 Consumer Electronics Brand in Nepal. According to Seema Golchha, Director of Samsung Plaza, “We feel immensely happy after the successful completion of 10 years of Samsung Plaza and would like to give this credit to all of our valued customers.',
			'sortorder' => '594',
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		'Article' => array(
			'id' => '696',
			'article_category_id' => '34',
			'title' => 'Maximising Business Productivity',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="maixmizing" border="1" height="269" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/microsoft.jpg" vspace="5" width="500" /><br />
	<br />
	<br />
	Thakral One, the end-to-end business solution provider for emerging markets, and Microsoft Corp recently concluded an event titled ‘Maximising Business Productivity’. <br />
	<br />
	<br />
	The event, attended by senior executives from across industries, provided the platform to highlight the need for deploying user-friendly applications and optimized infrastructure for organisations looking at sustaining as well as growing in the current dynamic business environment. Director - Asia Pacific Region at Microsoft, Alexander Oddoz- Mazet, shared with the audience how an exponential evolution of technologies and infrastructure, done independently in most cases, is creating communication silos and hence, there is a necessity of streamlining communications within the business world. Unified communications and business productivity solutions from Microsoft provide the answers to challenges such as these. <br />
	<br />
	Nabin Joshi, AGM-Sales &amp; Marketing of Thakral One, said, “Microsoft SharePoint is a business collaboration platform offering for the enterprise which would enable portal, workflow, business intelligence, enterprise search and content management capabilities. While commenting on Microsoft Unified Communications as a way to reduce complexity by putting people at the centre of the communications experience, Deependra Raj Bajracharya, Partner Account Manager (Nepal) of Microsoft Bangladesh Limited, said, “The goal is to integrate all of the ways we contact each other in a single environment while providing businesses with the power to choose how they provision those services.”<br />
	<br />
	Describing Thakral One’s commitment to its clients and partnership with Microsoft, Arun Khatri, Manager – Business Development – Enterprise Solution at Thakral One, said, “We are delighted to work with Microsoft for extending unified communications and business productivity solutions to our clients.” He added, “Our focus on building local infrastructure and endto- end skill sets, along with the proven methodologies that the Microsoft- Thakral One partnership brings to the table, will enable our customers to innovate and adapt to dynamic market conditions.” <br />
	<br />
	<br />
	The conference also delved on topics like the importance of optimising infrastructure, assessing and streamlining processes and, maximising team interactions and productivity. The evening ended with an invitation to the attendees to participate in the Customer Immersion Experience (CIE) – A unique opportunity for organisations and their end-users to get a rich, handson interactive experience, in a true-tolife environment, unlike traditional product presentations or demos. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The event, attended by senior executives from across industries, provided the platform to highlight the need for deploying user-friendly applications and optimized infrastructure for organisations looking at sustaining as well as growing in the current dynamic business environment. Director - Asia Pacific Region at Microsoft, Alexander Oddoz- Mazet, shared with the audience how an exponential evolution of technologies and infrastructure, done independently in most cases, is creating communication silos and hence, there is a necessity of streamlining communications within the business world. Unified communications and business productivity solutions from Microsoft provide the answers to challenges such as these.',
			'sortorder' => '593',
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	(int) 5 => array(
		'Article' => array(
			'id' => '695',
			'article_category_id' => '34',
			'title' => 'FNCCI Delegation Meets Uttar Pradesh Chief Minister',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="fncci" border="1" height="155" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/fncci(1).jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Uttar Pradesh (UP) Chief Minister Akhilesh Yadav assured a visiting Nepali delegation that his government would develop infrastructure in bordering districts on a priority basis. Yadav was interacting with the visiting delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by its Vice-President Bhawani Rana. He assured them that he would write to the union government of India for issues like the laying of a railway line, power and customs etc. <br />
	<br />
	Nepali entrepreneurs led by Rana and accompanied by media persons, on the occasion, apprised Yadav of various problems that Nepali entrepreneurs have been facing at the UP border. Representatives of FNCCI district chapters from the seven districts connected to UP briefed him about the problems they have been facing with border customs, transportation and security, while importing and exporting goods from India through UP. The Indian state is connected with eight districts of Nepal and is a major land route for imports from India. <br />
	<br />
	The 500-km-long Indo- Nepal border along the eight districts of Uttar Pradesh — Pilibhit, Lakhimpur Kheri, Bahraich, Shravasti, Balrampur, Sidharth Nagar, Maharajganj and Kushinagar –– and eight districts of Nepal — Kanchanpur, Kailali, Banke, Bardia, Dang, Rupandehi, Kapilvastu, and Nawalparasi –– play a significant role for the promotion of trade and investment as well as socioeconomic and cultural ties between the two countries. Saying that ties between India and Nepal date back to ancient times, Yadav said the problems of importing herbals from Nepal to India and the laying of a road running from Doodhibadi in Nepal till Gorakhpur in India, passing through the border district of Maharajganj, as raised by the Nepali delegation, would be taken up on priority. Yadav added that till the work on the proposed roads was not taken up, repairs of the existing roads would be taken up quickly so that movement of goods and people was not hindered. <br />
	<br />
	On law and order in the neighbouring districts of Nepal, he said UP Police officials would be vigilant at the Indo-Nepal border. Nepali delegates asked Yadav to also upgrade the Gaurifanta customs and Thutebari customs on the Indian side that will help boost trade with Nepal. The first ever team of Nepali entrepreneurs visiting the Indian state to boost trade and promote tourism jointly between the adjoining areas of the two countries, also held meetings with the Confederation of Indian Industries (CII) and customs officials, and discussed various issues. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Uttar Pradesh (UP) Chief Minister Akhilesh Yadav assured a visiting Nepali delegation that his government would develop infrastructure in bordering districts on a priority basis. Yadav was interacting with the visiting delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by its Vice-President Bhawani Rana. He assured them that he would write to the union government of India for issues like the laying of a railway line, power and customs etc.',
			'sortorder' => '592',
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			'main_news' => false,
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '694',
			'article_category_id' => '34',
			'title' => 'Machhapuchhre And Standard Finance Merge',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="machhapuchhre" border="1" height="90" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/machhapuchhre.jpg" vspace="5" width="624" /><br />
	<br />
	Machhapuchhre Bank Limited (MBL) and Standard Finance Limited started joint operation after merger from July 9. The merged entity — Machhapuchhre Bank Limited – has a paidup capital of Rs 2.47 billion and reserves of Rs 240 million. “We have framed a long term business strategy of the new entity,” said MBL Chairman Surya Bahadur KC. “We believe the merger is purely a business decision done with an aim to grow and become one of the best financial institutions.” Before the merger, the capital adequacy ratio (CAR) of MBL was near the regulatory requirement of 10 per cent. “It was hurting us because we were unable to do good business despite ample opportunities,” said Apachh Kumar Yadav AGM of MBL. “On the other hand, Standard Finance’s CAR was pretty high, making the fund idle.” <br />
	<br />
	<br />
	Therefore, according to officials, the amalgamation will complement each other. Following the central bank’s refusal to entertain Standard’s application for upgradation into a commercial bank, its funds had remained idle. After the merger, the number of branches of the new entity will increase to 54. “There will be duplication of branches in five places,” said Standard CEO Umesh Singh Bhandari. “We are planning to relocate these branches.” <br />
	<br />
	<br />
	The officials also said the human resource is being handled carefully. All employees will have a place in the merged entity,” said Bhandari. According to him, the merger has increased the competitive ability of the bank. The bank will soon resume its operations in the rural sectors deprived of banking facilities, he added. <br />
	<br />
	<br />
	The speaker of Nepal Rastra Bank, Bhaskar Mani Gyawali has considered mergers between Nepali BFIs as a positive aspect. According to him, almost all the BFIs are eyeing merger as it leads towards strengthened paid up capital. Currently, 12 BFIs are on the verge to get merger approval from NRB. On the other hand, 12 more BFIs have submitted their merger proposals. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Machhapuchhre Bank Limited (MBL) and Standard Finance Limited started joint operation after merger from July 9. The merged entity — Machhapuchhre Bank Limited – has a paidup capital of Rs 2.47 billion and reserves of Rs 240 million. “We have framed a long term business strategy of the new entity,” said MBL Chairman Surya Bahadur KC. “We believe the merger is purely a business decision done with an aim to grow and become one of the best financial institutions.”',
			'sortorder' => '591',
			'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' => '693',
			'article_category_id' => '34',
			'title' => 'Yamaha MotoGP Screening',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="yamaha" border="1" height="225" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/yamaha.jpg" vspace="5" width="300" /><br />
	<br />
	MAW Enterprises Pvt Ltd, the sole distributor of Yamaha Motorcycle for Nepal, successfully conducted a screening program of MotoGP Racing in the bigger screen of The Factory Restaurant &amp; Bar, Thamel. The MotoGP Racing Championship Grand Prix is happening in different World Class Racing Circuit of the World. During the program, Yamaha had especially invited R15 Customers to watch racing program.<br />
	<br />
	More than 50 R15 Customers and other people participated to watch MotoGP racing. All participants were very excited to watch MotoGP in bigger screen. The company said that Moto GP Racing will be continued for this whole year and will be screened at Factory Restaurant for all the racing lovers. Yamaha had conducted various programs to give excitement to the customers, such as Stunt Show, Ride Tech Challenge, Cine Premier, Street Festival etc.</p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'MAW Enterprises Pvt Ltd, the sole distributor of Yamaha Motorcycle for Nepal, successfully conducted a screening program of MotoGP Racing in the bigger screen of The Factory Restaurant & Bar, Thamel. The MotoGP Racing Championship Grand Prix is happening in different World Class Racing Circuit of the World. During the program, Yamaha had especially invited R15 Customers to watch racing program.',
			'sortorder' => '590',
			'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' => '692',
			'article_category_id' => '34',
			'title' => 'Hyundai Euro Experience Winners',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="hyundai" border="1" height="178" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/hyundai.jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Football being one of the most cherished games in Nepal and Hyundai being the official partner for EURO 2012, the event was designed for all to celebrate EURO and make it a memorable one. The prize distribution ceremony was held in Hyundai Showroom at Thapathali. This “HYUNDAI PREDICT &amp; WIN” contest was open for the people of all-walks-of-life to participate and win various prizes. <br />
	<br />
	To participate in this contest, the only thing one needed to do was log on to “facebook. com/hyundainepal”. Over 4,000 people participated in the contest. The winners were selected through lucky draw for multiple correct entries. The prizes were distributed to the winners by newly elected President of Laxmi Hyundai MMC (Manang Marshyandi Club) Jamling Ghale and player Anil Gurung. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Football being one of the most cherished games in Nepal and Hyundai being the official partner for EURO 2012, the event was designed for all to celebrate EURO and make it a memorable one. The prize distribution ceremony was held in Hyundai Showroom at Thapathali. This “HYUNDAI PREDICT & WIN” contest was open for the people of all-walks-of-life to participate and win various prizes.',
			'sortorder' => '589',
			'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' => '691',
			'article_category_id' => '34',
			'title' => 'JCB Operator Meet In Pokhara',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="jcb" border="1" height="182" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/jcb.jpg" vspace="5" width="300" /><br />
	<br />
	JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Pokhara on 16 Asar. “The main objective behind this event was to educate and update operators about proactive maintenance,” said Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners’ as well.” <br />
	<br />
	Operators were educated and made aware about operating machine safely and trouble-free due to which they can increase the life of machine. In addition to above, they were educated about the care of machine in order to minimize the unforeseen breakdowns arising in future. <br />
	<br />
	Besides that, benefits of using genuine parts against spurious parts were also shared. During the program, operators were facilitated with free health checkup by professional doctors. As per the participants, this was the first time they had attended such program in Pokhara and they were highly benefited from the program and also requested MAW to continue this type of programs in nthe ear future as well. <br />
	<br />
	M.A.W. Enterprises Pvt Ltd took the dealership of JCB from 2003. JCB is located in Dhobighat, Lalipur and employs around 100 people with more than 50 per cent market share in Construction and Heavy Equipment Industry in Nepal. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Pokhara on 16 Asar. “The main objective behind this event was to educate and update operators about proactive maintenance,” said Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners’ as well.”',
			'sortorder' => '588',
			'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' => '690',
			'article_category_id' => '34',
			'title' => 'Prudential Finance And Gorkha Finance To Merge',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	Prudential Finance Company Limited and Gorkha Finance Limited signed a Memorandum of Understanding (MoU) to get merged. Prudential Finance Company’s chairman Bhuvan Dev Pant and Gorkha Finance’s Chairman Manoranjan Raman Sharma signed the MoU. The finance companies have planned to conclude the merger procedure by mid-January 2013.</p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Prudential Finance Company Limited and Gorkha Finance Limited signed a Memorandum of Understanding (MoU) to get merged. Prudential Finance Company’s chairman Bhuvan Dev Pant and Gorkha Finance’s Chairman Manoranjan Raman Sharma signed the MoU. The finance companies have planned to conclude the merger procedure by mid-January 2013.',
			'sortorder' => '587',
			'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' => '689',
			'article_category_id' => '34',
			'title' => 'Nepal Reaches 1000 Ford Cars',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="ford" border="1" height="123" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/ford.jpg" vspace="5" width="276" /><br />
	<br />
	<br />
	Since the GO Ford dealership launch on 31 October 2010, 1000 Ford vehicles have been sold in Nepal. In an environment where the vehicle market is really down, it is a great achievement for a brand that entered Nepal market just 19 months ago to hit this number. <br />
	<br />
	<br />
	The different models being sold in Nepal come from India and Thailand. They range from Hatchback to Pick-up. Ford Figo has already become the second most popular vehicle in its segment, racing ahead of older brands that have been in the market for much longer period of time. Following Ford’s worldwide “One Ford Campaign” and new slogan “Go Further”, world class models like All-New Fiesta have been launched in Nepal. There are further plans to launch newer models and internationally favorite models in a few months time. So far, Ford has been the only brand to take the initiative of transporting vehicles in a carrier from border to Kathmandu and not driven down. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Since the GO Ford dealership launch on 31 October 2010, 1000 Ford vehicles have been sold in Nepal. In an environment where the vehicle market is really down, it is a great achievement for a brand that entered Nepal market just 19 months ago to hit this number.',
			'sortorder' => '586',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '688',
			'article_category_id' => '34',
			'title' => 'CNI, HCI Sign MoU',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="CNI HCL " border="1" height="164" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/cni.jpg" vspace="5" width="300" /><br />
	<br />
	Confederation of Nepalese Industries (CNI) signed a Memorandum of Understanding (MoU) with Himalayan Climate Initiative (HCI) at a public function on July 15 in the presence of Honorable Dr Keshab Man Shakya, Minister at Ministry of Environment, Science and Technology. <br />
	<br />
	The MoU, which is considered as a first bold step of Nepal’s business leaders for putting Nepal on a low carbon development and green economy path, brings CNI and HCI together. The association would help build the capacity of CNI members on issues related to Climate Change and climate financing with the purpose of putting the private sector in leadership role. Dr Shakya, commended the MoU saying, “This is the way to go forward. The private sector, NGOs and the Government must work hand in hand to create a win-win for all.” <br />
	<br />
	Binod Chaudhary, the President of CNI, emphasized on the need for the Government and all sectors to come together through a cohesive platform and to create incentives through practical plans to help the Nepalese industries at this formative stage when they are struggling to move towards a greener path. <br />
	<br />
	Mr. Krishna Gyawali, Secretary at Ministry of Environment Science and Technology, said on the occasion, “We need to build on our strengths in terms of harnessing our renewable energy sources. Creating incentives for the private sector investment in the renewable energy will bring benefits to all.” The CEO and founder of HCI Prashant Singh highlighted the benefits of going green for the Nepalese industries and economy and committed that this partnership will bring concrete results in a relatively short span of time. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Confederation of Nepalese Industries (CNI) signed a Memorandum of Understanding (MoU) with Himalayan Climate Initiative (HCI) at a public function on July 15 in the presence of Honorable Dr Keshab Man Shakya, Minister at Ministry of Environment, Science and Technology.',
			'sortorder' => '585',
			'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) 13 => array(
		'Article' => array(
			'id' => '687',
			'article_category_id' => '34',
			'title' => 'Two Pairs Of BFIs Merger Procedure Accomplished',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The merger between Annapurna Development Bank (ADB)-Suryadarshan Finance and Pashupati Development Bank (PDB)- Udhyam Development Bank (UDB) took place after receiving approval from Nepal Rastra Bank (NRB) on July 5. <br />
	<br />
	<br />
	After the merger, the companies started their operations as Supreme Development Bank (SDB) and Axis Development Bank (ADB) respectively from July 13. Shyam Kumar Katuwal, CEO of SDB, informed, “Khem Prashad Subedi, President of ADB would resume his position as the new President and Ambika Shrestha will be positioned as the CEO of SDB.” “Shrestha will commence his position as CEO till the first AGM of the company,” said Katuwal. The new headquarter of the company will be located at New Baneshwor. After the merger, the paid up capital of the company is worth Rs 770.20 million, credit flow- Rs 1.70 billion, deposit-Rs 2 billion and reserved fund-Rs 180 million. SDB will operate its services from 13 branch offices after amalgamation. The number of clients has reached the figure of 25,000 for SDB. <br />
	<br />
	<br />
	Similarly, Axis development Bank will start its business from October this year. Prakash Shrestha, CEO of PDB, said, “Axis Development Bank will start operating after a few months.” Meanwhile, the bank is working to develop its physical infrastructure, he added. <br />
	<br />
	<br />
	The bank’s headquarter would remain at Banepa and the corporate office at Kathmandu itself. Shrestha will resume his position of CEO after the merger as well. <br />
	<br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The merger between Annapurna Development Bank (ADB)-Suryadarshan Finance and Pashupati Development Bank (PDB)- Udhyam Development Bank (UDB) took place after receiving approval from Nepal Rastra Bank (NRB) on July 5.',
			'sortorder' => '584',
			'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) 14 => array(
		'Article' => array(
			'id' => '686',
			'article_category_id' => '34',
			'title' => 'Rs1 Billion Sugar Industry In Morang',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="sugar" border="1" height="231" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/morang.jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	H P Agrawal Group is all set to establish Sugar Industry worth an investment of Rs 1 billion with the capacity to produce 25 tons of sugar per day in Morang. Manish Agrawal, Managing Director of ‘Padma Sugar and Allied Industries’ informed that the industry will come into operation within two years. The company has purchased the land area of 35 bighas in Darwesa DVC of Morang to set up the sugar industry. <br />
	<br />
	“The company has received permission letter from the government in order to establish sugar industry,” shared Agrawal. The demand of sugar has been increasing by 10 per cent annually in Nepal. Agrawal accounted this reason as a motivation to set up the industry. <br />
	<br />
	The industrial source revealed that the raw material required for sugar production is available within the industrial site. “The farmers are attracted towards sugarcane farming as they tend to get good return from it,” said Agrawal. Therefore, there will not be a shortage of raw material for production, as there is adequate supply from local sources, he added. <br />
	<br />
	Agrawal informed that the industry would produce five million tons of ethanol annually from the residues of sugar. The company will provide employment opportunities to about 550 people. The annual demand of sugar in Nepal is 180,000 ton. However, only 130,000 ton sugar supply has been taking place. HP Agrawal Group entered the sugar industry about five years ago with Lumbini Sugar Industry. The company has its investment in oil, wheat flour, refined oil, soap, vegetable oil, jJute etc. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'H P Agrawal Group is all set to establish Sugar Industry worth an investment of Rs 1 billion with the capacity to produce 25 tons of sugar per day in Morang. Manish Agrawal, Managing Director of ‘Padma Sugar and Allied Industries’ informed that the industry will come into operation within two years. The company has purchased the land area of 35 bighas in Darwesa DVC of Morang to set up the sugar industry.',
			'sortorder' => '583',
			'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
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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 &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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			'article_category_id' => '34',
			'title' => 'Bhatbhateni Opens Outlet At Pokhara',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="bhatbateni" border="1" height="191" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/bhatbateni.jpg" vspace="5" width="400" /><br />
	<br />
	Bhatbhateni Super Market and Departmental Store Pvt Ltd opened its new outlet at Pokhara on July 14. Min Bahadur Gurung, Managing Director of Bhat Bhateni Supermarket and Department Store, inaugurated the new Pokhara outlet. <br />
	<br />
	The opening ceremony was initiated with the slogan “Product of Pokhara, Product of Nepal.” It is the sixth chain of the store and the first outside the Kathmandu Valley. According to Gurung, around 50,000 customers attended the opening of the store including businesspersons, tourism entrepreneurs, Nepal army and police personalities and local people of Pokhara. He expressed his happiness as more number of people visited the store during the opening ceremony, which was double the amount he had expected. <br />
	<br />
	The group has invested Rs 750 million in its Pokhara expansion drive. Gurung informed that the rates of the goods sold from Pokhara stores would be similar as that of the stores in Kathmandu. The new outlet at Pokhara features daily commodities, food items, vegetables, fruits, liquors, kitchenware, garments, electronic appliances, furniture, and decorative items, among others. “We will be bringing the finest quality products from all over the world and also provide world class service to our customers,” said Gurung. <br />
	<br />
	Bhatbhateni will provide 10 percent discount on all products for one month at the Pokhara outlet. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Bhatbhateni Super Market and Departmental Store Pvt Ltd opened its new outlet at Pokhara on July 14. Min Bahadur Gurung, Managing Director of Bhat Bhateni Supermarket and Department Store, inaugurated the new Pokhara outlet.',
			'sortorder' => '597',
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	),
	(int) 1 => array(
		'Article' => array(
			'id' => '699',
			'article_category_id' => '34',
			'title' => 'Nepal Losing Out On FDI To Neighbouring Indian States',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	A good chunk of Foreign Direct Investment (FDI), perhaps meant for Nepal is finding its way to the neighbouring Indian states. The Indian states, specially those sharing borders with Nepal, such as Bihar, Uttar Pradesh, Uttaranchal etc are fast becoming preferred investment destinations for foreign investors, thanks to the rapid infrastructure development, investment friendly industrial policies and guarantee of investment security in India in recent times. <br />
	<br />
	Additionally, the political instability, strikes and extortions has hit the Nepali entrepreneurs adversely. Industrialists in Nepal have held responsible the government for lack of security. They have shown their dissatisfaction towards the government for narrowing the tax liberty rather than providing subsidies. <br />
	<br />
	Suraj Vaidya, President, FNCCI, said, “It is such a dreadful condition that the government has not been able to formulate economic agenda for overall industrial growth. “Investment securities are the major concern for both national and international investors these days. The present scenario would adversely affect the Nepali economy, thus losing out a large chunk of FDI to its southern neighbor, added Vaidya. Upper Karnali and Western Seti incidences have marked a bitter experience amongst the foreign investors. As stated by top officials of the federation, one Nepali Biscuit Industry vanished to India due to lack of favorable business environment. <br />
	<br />
	Dinesh Shrestha, Sectoral Committee Chairperson of FNCCI said, “The leaders of political parties have not been able to create favorable environment for investment. He urged the need to control the party workers to put a stop to the acts of extortion and strikes. The industrial policy drafted two years ago has not come into execution. This has resulted in creating discouragement amongst the Nepali industrialists. <br />
	<br />
	Currently, the financial indicators of Nepal are negative which stands at 134th position in terms of FDI within the list of 141 countries based on the World Investment Report-2011. Similarly, “Doing Business Index” of World Bank has considered Nepal as an unfavorable destination for Investment and doing business. This has relayed negative message in the international arena. On the other hand, foreign investors are lured towards neighbouring states of India due to flexibility in Indian FDI policies. <br />
	<br />
	Radhesh Pant, CEO, Investment Board, said, “Foreign investors seek “One Window Shop” and we have not been able to do adequate marketing of the available resources and other positive aspects.” There is a lack of coordination between the government and private sector in Nepal unlike India, added Panta. According to him, the government should provide investment security to existing investments along with seeking additional flow of FDIs. <br />
	<br />
	According to Vaidya, creating favorable investment environment and improvement in policies are primary steps towards attracting FDIs. Apart from it, political stability is the major factor governing this process. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'A good chunk of Foreign Direct Investment (FDI), perhaps meant for Nepal is finding its way to the neighbouring Indian states. The Indian states, specially those sharing borders with Nepal, such as Bihar, Uttar Pradesh, Uttaranchal etc are fast becoming preferred investment destinations for foreign investors, thanks to the rapid infrastructure development, investment friendly industrial policies and guarantee of investment security in India in recent times.',
			'sortorder' => '596',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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			'user_id' => '0'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '698',
			'article_category_id' => '34',
			'title' => 'NDEX Money Expo 2012 From August 31',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="" border="1" height="115" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/NDEX.jpg" vspace="5" width="400" /><br />
	<br />
	A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event. <br />
	<br />
	Inspired from the success of Money Expo 2011 held last year, and being able to obtain wide appreciation from different business groups, visitors, regulatory bodies and participants; “NDEX Money Expo 2012” is believed to be a mega financial event. Being the largest finance and investment show in Nepal, it will focus on the promotion of investment opportunities and wealth protection strategies. <br />
	<br />
	Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the expo would help in motivating the investors and bring in investment by creating environment for interaction between different industrialists and business giants. <br />
	<br />
	“Events like this should be organized at regular intervals as they will definitely help improve investment climate in the country,” said Radesh Pant, CEO of Investment Board. Confederation of Nepalese Industries (CNI) Vice President Hari Bhakta Sharma urged the private sector to issue white paper to pressure the government. “Private sector must unite for a common minimum economic agenda and build pressure on the government,” he said. <br />
	<br />
	Similarly, Director of Nepal Rastra Bank Ashwani Kumar Thakur also urged to separate politics and economy for prosperity. Thakur told that he believes events like NDEX Money Expo 2012 would be highly effective to encourage and motivate investors. <br />
	<br />
	Bishnu Prasad Dhakal, Under Secretary at the Ministry of Industry, told that events like NDEX Money Expo 2012 should be a discussion platform on choosing the appropriate economic model of the country. He emphasized that the entrepreneurs should focus on the sectors having higher competitive advantage. Dhakal urged that domestic businesspersons should focus more on agriculture and hydroelectricity generation. <br />
	<br />
	“It will offer complete financial and investment solutions,” said Chairman of Arthik Abhiyan daily Madan Lamsal. The expo will focus on the promotion of investment opportunities and wealth protection strategies, he said. <br />
	<br />
	Speaking at the event, Kush Kumar Joshi, Chairman of Nepal Infrastructure Development Company Ltd, said that until and unless there is sufficient domestic investment, foreign investment cannot be expected. He urged collection of funds from the domestic sector for the infrastructure development of the country. He added that the basic prerequisite in inviting foreign investment is the development of the internal infrastructure. The expo is a unique businessnetworking event for the companies of financial sectors and their constituents. It provides investors a valuable opportunity to speak directly with the nation´s top financial experts related to trading and investment, banking, insurance, mutual funds, stocks, tax strategies, commodities and personal financial planning. <br />
	<br />
	The expo will have more than 122 stalls of different regulatory bodies, stock and commodity exchanges, banks and financial institutions, merchant bankers, investment companies, brokerage companies, remittance companies, insurance companies, depositors and clearing houses, portfolio management companies, financial knowledge management and training institutes, microfinance and cooperatives, traders and investors associations and clubs and financial domain technologies among others. Besides, various other events like seminars and speeches from financial experts, regulators, analyst and top investors, art exhibition and quiz contest, national and international currency show, trading and investment movie show will also be organized at the sidelines of the expo. <br />
	<br />
	<strong><br />
	The organizers are expecting a footfall of more than 300,000 at the event. </strong><br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event.',
			'sortorder' => '595',
			'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' => '697',
			'article_category_id' => '34',
			'title' => 'Samsung Plaza Completes 10 Years',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="samsung plaza" border="1" height="264" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/samsung(2).jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Samsung Plaza Durbar Marg has completed 10 years of its operations successfully. It is an exclusive brand outlet of Samsung AudioVisual (AV) and Home Appliances (HA) products of Him Electronics, the authorized distributor of Global No. 1 Consumer Electronics Brand in Nepal. According to Seema Golchha, Director of Samsung Plaza, “We feel immensely happy after the successful completion of 10 years of Samsung Plaza and would like to give this credit to all of our valued customers. <br />
	<br />
	<br />
	Samsung Plaza showcases and retails Samsung’s latest technology products including Audio Visual Products, Home Appliances and Samsung’s Camera. It is an outlet that sells Samsung Products to the customers and provides exclusive services like high value purchase, after sales services, purchase counselling, doorstep delivery and free installation. Along with Durbar Marg, Samsung Plaza has expanded its service in Civil Mall, New Baneshwor and Kumaripati throughout the period of 10 years. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Samsung Plaza Durbar Marg has completed 10 years of its operations successfully. It is an exclusive brand outlet of Samsung AudioVisual (AV) and Home Appliances (HA) products of Him Electronics, the authorized distributor of Global No. 1 Consumer Electronics Brand in Nepal. According to Seema Golchha, Director of Samsung Plaza, “We feel immensely happy after the successful completion of 10 years of Samsung Plaza and would like to give this credit to all of our valued customers.',
			'sortorder' => '594',
			'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' => '696',
			'article_category_id' => '34',
			'title' => 'Maximising Business Productivity',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="maixmizing" border="1" height="269" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/microsoft.jpg" vspace="5" width="500" /><br />
	<br />
	<br />
	Thakral One, the end-to-end business solution provider for emerging markets, and Microsoft Corp recently concluded an event titled ‘Maximising Business Productivity’. <br />
	<br />
	<br />
	The event, attended by senior executives from across industries, provided the platform to highlight the need for deploying user-friendly applications and optimized infrastructure for organisations looking at sustaining as well as growing in the current dynamic business environment. Director - Asia Pacific Region at Microsoft, Alexander Oddoz- Mazet, shared with the audience how an exponential evolution of technologies and infrastructure, done independently in most cases, is creating communication silos and hence, there is a necessity of streamlining communications within the business world. Unified communications and business productivity solutions from Microsoft provide the answers to challenges such as these. <br />
	<br />
	Nabin Joshi, AGM-Sales &amp; Marketing of Thakral One, said, “Microsoft SharePoint is a business collaboration platform offering for the enterprise which would enable portal, workflow, business intelligence, enterprise search and content management capabilities. While commenting on Microsoft Unified Communications as a way to reduce complexity by putting people at the centre of the communications experience, Deependra Raj Bajracharya, Partner Account Manager (Nepal) of Microsoft Bangladesh Limited, said, “The goal is to integrate all of the ways we contact each other in a single environment while providing businesses with the power to choose how they provision those services.”<br />
	<br />
	Describing Thakral One’s commitment to its clients and partnership with Microsoft, Arun Khatri, Manager – Business Development – Enterprise Solution at Thakral One, said, “We are delighted to work with Microsoft for extending unified communications and business productivity solutions to our clients.” He added, “Our focus on building local infrastructure and endto- end skill sets, along with the proven methodologies that the Microsoft- Thakral One partnership brings to the table, will enable our customers to innovate and adapt to dynamic market conditions.” <br />
	<br />
	<br />
	The conference also delved on topics like the importance of optimising infrastructure, assessing and streamlining processes and, maximising team interactions and productivity. The evening ended with an invitation to the attendees to participate in the Customer Immersion Experience (CIE) – A unique opportunity for organisations and their end-users to get a rich, handson interactive experience, in a true-tolife environment, unlike traditional product presentations or demos. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The event, attended by senior executives from across industries, provided the platform to highlight the need for deploying user-friendly applications and optimized infrastructure for organisations looking at sustaining as well as growing in the current dynamic business environment. Director - Asia Pacific Region at Microsoft, Alexander Oddoz- Mazet, shared with the audience how an exponential evolution of technologies and infrastructure, done independently in most cases, is creating communication silos and hence, there is a necessity of streamlining communications within the business world. Unified communications and business productivity solutions from Microsoft provide the answers to challenges such as these.',
			'sortorder' => '593',
			'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' => '695',
			'article_category_id' => '34',
			'title' => 'FNCCI Delegation Meets Uttar Pradesh Chief Minister',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="fncci" border="1" height="155" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/fncci(1).jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Uttar Pradesh (UP) Chief Minister Akhilesh Yadav assured a visiting Nepali delegation that his government would develop infrastructure in bordering districts on a priority basis. Yadav was interacting with the visiting delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by its Vice-President Bhawani Rana. He assured them that he would write to the union government of India for issues like the laying of a railway line, power and customs etc. <br />
	<br />
	Nepali entrepreneurs led by Rana and accompanied by media persons, on the occasion, apprised Yadav of various problems that Nepali entrepreneurs have been facing at the UP border. Representatives of FNCCI district chapters from the seven districts connected to UP briefed him about the problems they have been facing with border customs, transportation and security, while importing and exporting goods from India through UP. The Indian state is connected with eight districts of Nepal and is a major land route for imports from India. <br />
	<br />
	The 500-km-long Indo- Nepal border along the eight districts of Uttar Pradesh — Pilibhit, Lakhimpur Kheri, Bahraich, Shravasti, Balrampur, Sidharth Nagar, Maharajganj and Kushinagar –– and eight districts of Nepal — Kanchanpur, Kailali, Banke, Bardia, Dang, Rupandehi, Kapilvastu, and Nawalparasi –– play a significant role for the promotion of trade and investment as well as socioeconomic and cultural ties between the two countries. Saying that ties between India and Nepal date back to ancient times, Yadav said the problems of importing herbals from Nepal to India and the laying of a road running from Doodhibadi in Nepal till Gorakhpur in India, passing through the border district of Maharajganj, as raised by the Nepali delegation, would be taken up on priority. Yadav added that till the work on the proposed roads was not taken up, repairs of the existing roads would be taken up quickly so that movement of goods and people was not hindered. <br />
	<br />
	On law and order in the neighbouring districts of Nepal, he said UP Police officials would be vigilant at the Indo-Nepal border. Nepali delegates asked Yadav to also upgrade the Gaurifanta customs and Thutebari customs on the Indian side that will help boost trade with Nepal. The first ever team of Nepali entrepreneurs visiting the Indian state to boost trade and promote tourism jointly between the adjoining areas of the two countries, also held meetings with the Confederation of Indian Industries (CII) and customs officials, and discussed various issues. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Uttar Pradesh (UP) Chief Minister Akhilesh Yadav assured a visiting Nepali delegation that his government would develop infrastructure in bordering districts on a priority basis. Yadav was interacting with the visiting delegation of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by its Vice-President Bhawani Rana. He assured them that he would write to the union government of India for issues like the laying of a railway line, power and customs etc.',
			'sortorder' => '592',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '694',
			'article_category_id' => '34',
			'title' => 'Machhapuchhre And Standard Finance Merge',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="machhapuchhre" border="1" height="90" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/machhapuchhre.jpg" vspace="5" width="624" /><br />
	<br />
	Machhapuchhre Bank Limited (MBL) and Standard Finance Limited started joint operation after merger from July 9. The merged entity — Machhapuchhre Bank Limited – has a paidup capital of Rs 2.47 billion and reserves of Rs 240 million. “We have framed a long term business strategy of the new entity,” said MBL Chairman Surya Bahadur KC. “We believe the merger is purely a business decision done with an aim to grow and become one of the best financial institutions.” Before the merger, the capital adequacy ratio (CAR) of MBL was near the regulatory requirement of 10 per cent. “It was hurting us because we were unable to do good business despite ample opportunities,” said Apachh Kumar Yadav AGM of MBL. “On the other hand, Standard Finance’s CAR was pretty high, making the fund idle.” <br />
	<br />
	<br />
	Therefore, according to officials, the amalgamation will complement each other. Following the central bank’s refusal to entertain Standard’s application for upgradation into a commercial bank, its funds had remained idle. After the merger, the number of branches of the new entity will increase to 54. “There will be duplication of branches in five places,” said Standard CEO Umesh Singh Bhandari. “We are planning to relocate these branches.” <br />
	<br />
	<br />
	The officials also said the human resource is being handled carefully. All employees will have a place in the merged entity,” said Bhandari. According to him, the merger has increased the competitive ability of the bank. The bank will soon resume its operations in the rural sectors deprived of banking facilities, he added. <br />
	<br />
	<br />
	The speaker of Nepal Rastra Bank, Bhaskar Mani Gyawali has considered mergers between Nepali BFIs as a positive aspect. According to him, almost all the BFIs are eyeing merger as it leads towards strengthened paid up capital. Currently, 12 BFIs are on the verge to get merger approval from NRB. On the other hand, 12 more BFIs have submitted their merger proposals. <br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Machhapuchhre Bank Limited (MBL) and Standard Finance Limited started joint operation after merger from July 9. The merged entity — Machhapuchhre Bank Limited – has a paidup capital of Rs 2.47 billion and reserves of Rs 240 million. “We have framed a long term business strategy of the new entity,” said MBL Chairman Surya Bahadur KC. “We believe the merger is purely a business decision done with an aim to grow and become one of the best financial institutions.”',
			'sortorder' => '591',
			'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' => '693',
			'article_category_id' => '34',
			'title' => 'Yamaha MotoGP Screening',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="yamaha" border="1" height="225" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/yamaha.jpg" vspace="5" width="300" /><br />
	<br />
	MAW Enterprises Pvt Ltd, the sole distributor of Yamaha Motorcycle for Nepal, successfully conducted a screening program of MotoGP Racing in the bigger screen of The Factory Restaurant &amp; Bar, Thamel. The MotoGP Racing Championship Grand Prix is happening in different World Class Racing Circuit of the World. During the program, Yamaha had especially invited R15 Customers to watch racing program.<br />
	<br />
	More than 50 R15 Customers and other people participated to watch MotoGP racing. All participants were very excited to watch MotoGP in bigger screen. The company said that Moto GP Racing will be continued for this whole year and will be screened at Factory Restaurant for all the racing lovers. Yamaha had conducted various programs to give excitement to the customers, such as Stunt Show, Ride Tech Challenge, Cine Premier, Street Festival etc.</p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'MAW Enterprises Pvt Ltd, the sole distributor of Yamaha Motorcycle for Nepal, successfully conducted a screening program of MotoGP Racing in the bigger screen of The Factory Restaurant & Bar, Thamel. The MotoGP Racing Championship Grand Prix is happening in different World Class Racing Circuit of the World. During the program, Yamaha had especially invited R15 Customers to watch racing program.',
			'sortorder' => '590',
			'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' => '692',
			'article_category_id' => '34',
			'title' => 'Hyundai Euro Experience Winners',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="hyundai" border="1" height="178" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/hyundai.jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	Football being one of the most cherished games in Nepal and Hyundai being the official partner for EURO 2012, the event was designed for all to celebrate EURO and make it a memorable one. The prize distribution ceremony was held in Hyundai Showroom at Thapathali. This “HYUNDAI PREDICT &amp; WIN” contest was open for the people of all-walks-of-life to participate and win various prizes. <br />
	<br />
	To participate in this contest, the only thing one needed to do was log on to “facebook. com/hyundainepal”. Over 4,000 people participated in the contest. The winners were selected through lucky draw for multiple correct entries. The prizes were distributed to the winners by newly elected President of Laxmi Hyundai MMC (Manang Marshyandi Club) Jamling Ghale and player Anil Gurung. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Football being one of the most cherished games in Nepal and Hyundai being the official partner for EURO 2012, the event was designed for all to celebrate EURO and make it a memorable one. The prize distribution ceremony was held in Hyundai Showroom at Thapathali. This “HYUNDAI PREDICT & WIN” contest was open for the people of all-walks-of-life to participate and win various prizes.',
			'sortorder' => '589',
			'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' => '691',
			'article_category_id' => '34',
			'title' => 'JCB Operator Meet In Pokhara',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<br />
	<img alt="jcb" border="1" height="182" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/jcb.jpg" vspace="5" width="300" /><br />
	<br />
	JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Pokhara on 16 Asar. “The main objective behind this event was to educate and update operators about proactive maintenance,” said Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners’ as well.” <br />
	<br />
	Operators were educated and made aware about operating machine safely and trouble-free due to which they can increase the life of machine. In addition to above, they were educated about the care of machine in order to minimize the unforeseen breakdowns arising in future. <br />
	<br />
	Besides that, benefits of using genuine parts against spurious parts were also shared. During the program, operators were facilitated with free health checkup by professional doctors. As per the participants, this was the first time they had attended such program in Pokhara and they were highly benefited from the program and also requested MAW to continue this type of programs in nthe ear future as well. <br />
	<br />
	M.A.W. Enterprises Pvt Ltd took the dealership of JCB from 2003. JCB is located in Dhobighat, Lalipur and employs around 100 people with more than 50 per cent market share in Construction and Heavy Equipment Industry in Nepal. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'JCB Division, a sole distributor of JCB construction and heavy equipment, organized an “Operator Meet” in Pokhara on 16 Asar. “The main objective behind this event was to educate and update operators about proactive maintenance,” said Marketing Manager of JCB Division. He added, “This type of training is beneficial to operators and machine owners’ as well.”',
			'sortorder' => '588',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '690',
			'article_category_id' => '34',
			'title' => 'Prudential Finance And Gorkha Finance To Merge',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	Prudential Finance Company Limited and Gorkha Finance Limited signed a Memorandum of Understanding (MoU) to get merged. Prudential Finance Company’s chairman Bhuvan Dev Pant and Gorkha Finance’s Chairman Manoranjan Raman Sharma signed the MoU. The finance companies have planned to conclude the merger procedure by mid-January 2013.</p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Prudential Finance Company Limited and Gorkha Finance Limited signed a Memorandum of Understanding (MoU) to get merged. Prudential Finance Company’s chairman Bhuvan Dev Pant and Gorkha Finance’s Chairman Manoranjan Raman Sharma signed the MoU. The finance companies have planned to conclude the merger procedure by mid-January 2013.',
			'sortorder' => '587',
			'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' => '689',
			'article_category_id' => '34',
			'title' => 'Nepal Reaches 1000 Ford Cars',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="ford" border="1" height="123" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/ford.jpg" vspace="5" width="276" /><br />
	<br />
	<br />
	Since the GO Ford dealership launch on 31 October 2010, 1000 Ford vehicles have been sold in Nepal. In an environment where the vehicle market is really down, it is a great achievement for a brand that entered Nepal market just 19 months ago to hit this number. <br />
	<br />
	<br />
	The different models being sold in Nepal come from India and Thailand. They range from Hatchback to Pick-up. Ford Figo has already become the second most popular vehicle in its segment, racing ahead of older brands that have been in the market for much longer period of time. Following Ford’s worldwide “One Ford Campaign” and new slogan “Go Further”, world class models like All-New Fiesta have been launched in Nepal. There are further plans to launch newer models and internationally favorite models in a few months time. So far, Ford has been the only brand to take the initiative of transporting vehicles in a carrier from border to Kathmandu and not driven down. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Since the GO Ford dealership launch on 31 October 2010, 1000 Ford vehicles have been sold in Nepal. In an environment where the vehicle market is really down, it is a great achievement for a brand that entered Nepal market just 19 months ago to hit this number.',
			'sortorder' => '586',
			'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' => '688',
			'article_category_id' => '34',
			'title' => 'CNI, HCI Sign MoU',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="CNI HCL " border="1" height="164" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/cni.jpg" vspace="5" width="300" /><br />
	<br />
	Confederation of Nepalese Industries (CNI) signed a Memorandum of Understanding (MoU) with Himalayan Climate Initiative (HCI) at a public function on July 15 in the presence of Honorable Dr Keshab Man Shakya, Minister at Ministry of Environment, Science and Technology. <br />
	<br />
	The MoU, which is considered as a first bold step of Nepal’s business leaders for putting Nepal on a low carbon development and green economy path, brings CNI and HCI together. The association would help build the capacity of CNI members on issues related to Climate Change and climate financing with the purpose of putting the private sector in leadership role. Dr Shakya, commended the MoU saying, “This is the way to go forward. The private sector, NGOs and the Government must work hand in hand to create a win-win for all.” <br />
	<br />
	Binod Chaudhary, the President of CNI, emphasized on the need for the Government and all sectors to come together through a cohesive platform and to create incentives through practical plans to help the Nepalese industries at this formative stage when they are struggling to move towards a greener path. <br />
	<br />
	Mr. Krishna Gyawali, Secretary at Ministry of Environment Science and Technology, said on the occasion, “We need to build on our strengths in terms of harnessing our renewable energy sources. Creating incentives for the private sector investment in the renewable energy will bring benefits to all.” The CEO and founder of HCI Prashant Singh highlighted the benefits of going green for the Nepalese industries and economy and committed that this partnership will bring concrete results in a relatively short span of time. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'Confederation of Nepalese Industries (CNI) signed a Memorandum of Understanding (MoU) with Himalayan Climate Initiative (HCI) at a public function on July 15 in the presence of Honorable Dr Keshab Man Shakya, Minister at Ministry of Environment, Science and Technology.',
			'sortorder' => '585',
			'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) 13 => array(
		'Article' => array(
			'id' => '687',
			'article_category_id' => '34',
			'title' => 'Two Pairs Of BFIs Merger Procedure Accomplished',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The merger between Annapurna Development Bank (ADB)-Suryadarshan Finance and Pashupati Development Bank (PDB)- Udhyam Development Bank (UDB) took place after receiving approval from Nepal Rastra Bank (NRB) on July 5. <br />
	<br />
	<br />
	After the merger, the companies started their operations as Supreme Development Bank (SDB) and Axis Development Bank (ADB) respectively from July 13. Shyam Kumar Katuwal, CEO of SDB, informed, “Khem Prashad Subedi, President of ADB would resume his position as the new President and Ambika Shrestha will be positioned as the CEO of SDB.” “Shrestha will commence his position as CEO till the first AGM of the company,” said Katuwal. The new headquarter of the company will be located at New Baneshwor. After the merger, the paid up capital of the company is worth Rs 770.20 million, credit flow- Rs 1.70 billion, deposit-Rs 2 billion and reserved fund-Rs 180 million. SDB will operate its services from 13 branch offices after amalgamation. The number of clients has reached the figure of 25,000 for SDB. <br />
	<br />
	<br />
	Similarly, Axis development Bank will start its business from October this year. Prakash Shrestha, CEO of PDB, said, “Axis Development Bank will start operating after a few months.” Meanwhile, the bank is working to develop its physical infrastructure, he added. <br />
	<br />
	<br />
	The bank’s headquarter would remain at Banepa and the corporate office at Kathmandu itself. Shrestha will resume his position of CEO after the merger as well. <br />
	<br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The merger between Annapurna Development Bank (ADB)-Suryadarshan Finance and Pashupati Development Bank (PDB)- Udhyam Development Bank (UDB) took place after receiving approval from Nepal Rastra Bank (NRB) on July 5.',
			'sortorder' => '584',
			'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) 14 => array(
		'Article' => array(
			'id' => '686',
			'article_category_id' => '34',
			'title' => 'Rs1 Billion Sugar Industry In Morang',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<img alt="sugar" border="1" height="231" hspace="5" src="http://newbusinessage.com/ckfinder/userfiles/Images/morang.jpg" vspace="5" width="300" /><br />
	<br />
	<br />
	H P Agrawal Group is all set to establish Sugar Industry worth an investment of Rs 1 billion with the capacity to produce 25 tons of sugar per day in Morang. Manish Agrawal, Managing Director of ‘Padma Sugar and Allied Industries’ informed that the industry will come into operation within two years. The company has purchased the land area of 35 bighas in Darwesa DVC of Morang to set up the sugar industry. <br />
	<br />
	“The company has received permission letter from the government in order to establish sugar industry,” shared Agrawal. The demand of sugar has been increasing by 10 per cent annually in Nepal. Agrawal accounted this reason as a motivation to set up the industry. <br />
	<br />
	The industrial source revealed that the raw material required for sugar production is available within the industrial site. “The farmers are attracted towards sugarcane farming as they tend to get good return from it,” said Agrawal. Therefore, there will not be a shortage of raw material for production, as there is adequate supply from local sources, he added. <br />
	<br />
	Agrawal informed that the industry would produce five million tons of ethanol annually from the residues of sugar. The company will provide employment opportunities to about 550 people. The annual demand of sugar in Nepal is 180,000 ton. However, only 130,000 ton sugar supply has been taking place. HP Agrawal Group entered the sugar industry about five years ago with Lumbini Sugar Industry. The company has its investment in oil, wheat flour, refined oil, soap, vegetable oil, jJute etc. <br />
	 </p>',
			'published' => true,
			'created' => '2012-08-16',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'H P Agrawal Group is all set to establish Sugar Industry worth an investment of Rs 1 billion with the capacity to produce 25 tons of sugar per day in Morang. Manish Agrawal, Managing Director of ‘Padma Sugar and Allied Industries’ informed that the industry will come into operation within two years. The company has purchased the land area of 35 bighas in Darwesa DVC of Morang to set up the sugar industry.',
			'sortorder' => '583',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	)
)
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