Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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			'id' => '6964',
			'article_category_id' => '34',
			'title' => 'Bajaj’s Exchange Offer from Today',
			'sub_title' => '',
			'summary' => 'November 23: Hansraj Hulaschand and Company, the authorised distributor of Bajaj motorcycles in Nepal, has started an exchange offer for two-wheelers. ',
			'content' => '<p style="text-align:justify"><span style="font-family:arial unicode ms">November 23: Hansraj Hulaschand and Company, the authorised distributor of Bajaj motorcycles in Nepal, has started an exchange offer for two-wheelers. Issuing a press statement, the company said that the exchange offer will be held at Bhrikutimandap, Kathmandu from November 23 to 27. During the exchange offer, customers can bring old motorcycles and scooters of any brand and take home a new one in its place after evaluation of the old model.</span></p>
',
			'published' => true,
			'created' => '2017-11-23',
			'modified' => '2017-11-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6745',
			'image' => '20171123122840_download.jpg',
			'article_date' => '2017-11-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'id' => '6962',
			'article_category_id' => '34',
			'title' => 'Sanima Bank Opens Extension Counter at Bhaktapur DAO',
			'sub_title' => '',
			'summary' => 'November 22: Sanima Bank has opened an extension counter at the District Administration Office, Bhaktapur. ',
			'content' => '<p><span style="font-size:13px">November 22: Sanima Bank has opened an extension counter at the District Administration Office, Bhaktapur. The bank informed that its first counter opened on government premises will collects revenue for the district administration office. Chief District Officer of Bhaktapur District Administration Office, Droana Pokharel, and the bank&rsquo;s CEO, Bhuwan Dahal, jointly inaugurated the counter.</span></p>
',
			'published' => true,
			'created' => '2017-11-22',
			'modified' => '2017-11-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6743',
			'image' => null,
			'article_date' => '2017-11-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '6876',
			'article_category_id' => '34',
			'title' => 'Nepal has Market of Rs 40 Billion for Medicine: Traders',
			'sub_title' => '',
			'summary' => 'November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine.',
			'content' => '<p>November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine. &ldquo;Currently, the medicine industry has a market of Rs 40 billion in Nepal,&rdquo; said Deepak Prasad Dahal, president of Nepal Pharmaceutical Association (NPA), on the occasion of the 23rd general assembly of the association. He said that the market will expand to Rs 100 billion in three years.</p>

<p>Bhawani Rana, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the industry is not business friendly. She added that the FNCCI was ready to help pharmaceutical industry to become stronger.</p>

<p>&ldquo;For the last 20 years, the country has gone through political change only. Now, we should centralize our focus on socio-economic development of the country,&rdquo; said the President of the Confederation of Nepalese Industries, Hari Bhakta Sharma.</p>

<p>&ldquo;The government should strengthen the Department of Drug Administration,&rdquo; he said, adding, &ldquo;Sectors like livestock, food and pharmaceuticals should be monitored by a single body rather than by a number of small bodies.&rdquo; He also reiterated that Nepal currently has a market of Rs 40 billion for medicine.&nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-11-13',
			'modified' => '2017-11-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6659',
			'image' => null,
			'article_date' => '2017-11-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '5149',
			'article_category_id' => '34',
			'title' => 'Hamro Bikash Bank Approves Bonus and Right share',
			'sub_title' => '',
			'summary' => 'January 15: The 8th annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share. ',
			'content' => '<p style="text-align: justify;">January 15: The 8<sup>th</sup> annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-15',
			'modified' => '2017-01-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4952',
			'image' => null,
			'article_date' => '2017-01-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5017',
			'article_category_id' => '34',
			'title' => 'Century Acquires Securities Application Collection Approval',
			'sub_title' => '',
			'summary' => 'December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January 15.',
			'content' => '<p style="text-align:justify">December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January 15.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-12-27',
			'modified' => '2016-12-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4829',
			'image' => '20161227123935_century.jpg',
			'article_date' => '2016-12-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '3921',
			'article_category_id' => '34',
			'title' => 'HIDCL Share Transaction to Start from July 11',
			'sub_title' => '',
			'summary' => 'July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share transaction.',
			'content' => '<p style="text-align: justify;">July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share transaction.</p>

<p style="text-align: justify;">NEPSE generally provides price band up to 3 times of net worth per share for the first transaction. Presently, shares of hydroelectricity companies are being transacted for Rs 425 to Rs 1430. HIDCL has earlier requested share holders to D-mat their shares for share transaction.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-06',
			'modified' => '2016-07-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3754',
			'image' => '20160706040859_hidcl.jpg',
			'article_date' => '2016-07-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '3632',
			'article_category_id' => '34',
			'title' => 'Maruti Cement Honours Construction Workers',
			'sub_title' => '',
			'summary' => 'May 30: Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the event.',
			'content' => '<p style="text-align: justify;">May 30:&nbsp;Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the event.</p>

<p style="text-align: justify;">&ldquo;It is very a pleasing moment to honour head workers and contractors who have been integral part of the success of Maruti Cement,&rdquo; said Raju Shrestha, Brand Manager of the company.</p>

<p style="text-align: justify;">&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-05-30',
			'modified' => '2016-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3466',
			'image' => '20160530024109_maruti.jpg',
			'article_date' => '2016-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '3625',
			'article_category_id' => '34',
			'title' => 'Auction Bidding of Prabhu Bank's Right Shares',
			'sub_title' => '',
			'summary' => 'May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters’ right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April 10.',
			'content' => '<p style="text-align:justify">May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters&rsquo; right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April 10.</p>

<p style="text-align:justify">The bank has provided June 14-29 to submit sealed tender. As the minimum price per share is Rs 100, interested bidder will have to bid above Rs 100. The bank has restricted multiple bids from single individual, company or organisation. Interested bidder can bid for minimum of 100 units and maximum of all shares multipliable by 10.&nbsp;</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/prebhu.jpg" style="height:1498px; width:700px" /></p>
',
			'published' => true,
			'created' => '2016-05-29',
			'modified' => '2016-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3459',
			'image' => '20160529040954_prabhu.jpg',
			'article_date' => '2016-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '3596',
			'article_category_id' => '34',
			'title' => ' Indian Terrain Brandstore in Pulchowk',
			'sub_title' => '',
			'summary' => 'May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.',
			'content' => '<p style="text-align: justify;">May 24: Indian Terrain, an Indian men&rsquo;s wears brand, has opened its exclusive showroom in Labim Mall. &ldquo;Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,&rdquo; said Amitabh Suri, Chief Operating Officer of the company. &ldquo;The international market of Indian Terrain brand has started with this opening of outlet,&rdquo; he added.</p>
',
			'published' => true,
			'created' => '2016-05-24',
			'modified' => '2016-05-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3430',
			'image' => '20160524115357_indan.jpg',
			'article_date' => '2016-05-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3594',
			'article_category_id' => '34',
			'title' => 'Gorkha Brewery Launches Somersby Apple Cider',
			'sub_title' => '',
			'summary' => 'May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.',
			'content' => '<p style="text-align:justify"><strong>May 23: </strong>Gorkha Brewery has launched a new refreshing drink &lsquo;Somersby Apple Cider&rsquo; amid an event at the Hyatt Regency, Kathmandu on Sunday.</p>

<p style="text-align:justify">Issuing a press release, the company informs that Somersby Apple Cider is a refreshing carbonated alcoholic drink made from fermented apple juice that contain 4.5% of alcohol. The company highlights that the drink is available in sweet taste with all natural ingredients with no artificial sweeteners, flavors or colorings.</p>

<p style="text-align:justify">As per the press release, Somersby is launched exclusively in premium sector of Kathmandu and in time will cater to urban sector in various other cities within Nepal.</p>

<p style="text-align:justify">&ldquo;Cider is something new to the Nepali market and to the Nepali consumers,&rdquo; says Deputy Managing Director, Surendra Silwal. Presently, Somersby Apple Cider is available in 250ml bottles and in packs of 12.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3428',
			'image' => '20160523032549_bru.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '3593',
			'article_category_id' => '34',
			'title' => 'VISA’s First Innovation Center in Asia',
			'sub_title' => '',
			'summary' => 'May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.',
			'content' => '<p style="text-align:justify">May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.</p>

<p style="text-align:justify">Visa Inc. (NYSE: V), the first in a network of new innovation centres that Visa is opening around the world that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories with fast, secure and reliable electronic payment. Its head office is located in San Francisco.</p>

<p style="text-align:justify">Accessible to both local and global clients, the innovation centre located in Singapore will provide Visa partners&rsquo; access to Visa APIs and software developer kits (SDKs) available through the company&rsquo;s Visa Developer Platform. Also, it will operate as commercial gateway.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3427',
			'image' => '20160523031125_Visa_pic.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3592',
			'article_category_id' => '34',
			'title' => '3rd Kantipur HISSAN Edu-Fair Concluded',
			'sub_title' => '',
			'summary' => 'May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday.  The organisers informed that the fair was targeted at SLC appeared students and +2 graduates.',
			'content' => '<p style="text-align:justify">May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday.&nbsp; The organisers informed that the fair was targeted at SLC appeared students and +2 graduates. The fair was participated by 99 colleges. &nbsp;In the fair, every colleges were clearing the queries of students and parents visiting their stalls. Meanwhile, few of the colleges declared scholarship for the students visiting the fair. As per to Ramesh Silwal, President of HISSAN, 2,00,000 students and parents visited the fair in four days of opening.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3426',
			'image' => null,
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '3590',
			'article_category_id' => '34',
			'title' => 'Bonus Share of Sagarmatha Finance Approved',
			'sub_title' => '',
			'summary' => ' May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.  ',
			'content' => '<p style="text-align:justify">May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3424',
			'image' => '20160523011925_sagarmatha.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '3589',
			'article_category_id' => '34',
			'title' => 'TATA Motors Car Mela in Itahari',
			'sub_title' => '',
			'summary' => 'May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.',
			'content' => '<p style="text-align:justify">May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.</p>

<p style="text-align:justify">According to the press statement released by the company, among the total visitors 208+ individuals were involved in the test drive of Tata Vehicles and 23 of them booked the different models of Tata vehicles while 90 of them valued their vehicle for exchange.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3423',
			'image' => '20160523125608_tata.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '3433',
			'article_category_id' => '34',
			'title' => 'Net Profit of Kanchan Devt Bank Rs 36.6 Million',
			'sub_title' => '',
			'summary' => 'April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198 million.',
			'content' => '<p style="text-align:justify">April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198 million.</p>

<p style="text-align:justify">In compare to paid-up capital, net profit has decreased by 21.17 percent to 18.53 percent. Similarly, reserve fund of the bank has increased by 29.67 percent and investment has decreased by 23.34 percent. The bank has collected Rs 1.7 billion deposit while it has advanced Rs 1.5 billion loans. Meanwhile, interest income and interest expenses of the bank has increased by 25.58 percent to Rs 136.3 million and 20.60 percent to Rs 67.5 million respectively. Likewise, employee expenses, other operational expenses and total operational income have increased by 27 percent, 3.81 percent and 9 percent respectively. In the meantime, fixed assets of the bank have decreased by 95.60 percent whereas other assets have increased by 2 times.</p>

<p style="text-align:justify">The bank has been able to recover Rs 200,000 bad debt of last FY. The bank has allocated Rs 3 million in provision for possible losses. The bank has capital adequacy ratio of 15 percent and capital fund expenditure of 5.27 percent. Similarly, the bank has CD ratio of 77 percent and inactive loan of 1 percent.</p>

<p style="text-align:justify">According to the third quarter financial report, earning per share of the bank is at Rs 22.68 and liquidity ratio is of 28 times. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-04-29',
			'modified' => '2016-04-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3269',
			'image' => '20160429101801_kanchan.JPG',
			'article_date' => '2016-04-29 00:00:00',
			'homepage' => false,
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$current_user = null
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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 60]
Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



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		'Article' => array(
			'id' => '6964',
			'article_category_id' => '34',
			'title' => 'Bajaj’s Exchange Offer from Today',
			'sub_title' => '',
			'summary' => 'November 23: Hansraj Hulaschand and Company, the authorised distributor of Bajaj motorcycles in Nepal, has started an exchange offer for two-wheelers. ',
			'content' => '<p style="text-align:justify"><span style="font-family:arial unicode ms">November 23: Hansraj Hulaschand and Company, the authorised distributor of Bajaj motorcycles in Nepal, has started an exchange offer for two-wheelers. Issuing a press statement, the company said that the exchange offer will be held at Bhrikutimandap, Kathmandu from November 23 to 27. During the exchange offer, customers can bring old motorcycles and scooters of any brand and take home a new one in its place after evaluation of the old model.</span></p>
',
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			'created' => '2017-11-23',
			'modified' => '2017-11-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6745',
			'image' => '20171123122840_download.jpg',
			'article_date' => '2017-11-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'id' => '6962',
			'article_category_id' => '34',
			'title' => 'Sanima Bank Opens Extension Counter at Bhaktapur DAO',
			'sub_title' => '',
			'summary' => 'November 22: Sanima Bank has opened an extension counter at the District Administration Office, Bhaktapur. ',
			'content' => '<p><span style="font-size:13px">November 22: Sanima Bank has opened an extension counter at the District Administration Office, Bhaktapur. The bank informed that its first counter opened on government premises will collects revenue for the district administration office. Chief District Officer of Bhaktapur District Administration Office, Droana Pokharel, and the bank&rsquo;s CEO, Bhuwan Dahal, jointly inaugurated the counter.</span></p>
',
			'published' => true,
			'created' => '2017-11-22',
			'modified' => '2017-11-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6743',
			'image' => null,
			'article_date' => '2017-11-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'id' => '6876',
			'article_category_id' => '34',
			'title' => 'Nepal has Market of Rs 40 Billion for Medicine: Traders',
			'sub_title' => '',
			'summary' => 'November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine.',
			'content' => '<p>November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine. &ldquo;Currently, the medicine industry has a market of Rs 40 billion in Nepal,&rdquo; said Deepak Prasad Dahal, president of Nepal Pharmaceutical Association (NPA), on the occasion of the 23rd general assembly of the association. He said that the market will expand to Rs 100 billion in three years.</p>

<p>Bhawani Rana, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the industry is not business friendly. She added that the FNCCI was ready to help pharmaceutical industry to become stronger.</p>

<p>&ldquo;For the last 20 years, the country has gone through political change only. Now, we should centralize our focus on socio-economic development of the country,&rdquo; said the President of the Confederation of Nepalese Industries, Hari Bhakta Sharma.</p>

<p>&ldquo;The government should strengthen the Department of Drug Administration,&rdquo; he said, adding, &ldquo;Sectors like livestock, food and pharmaceuticals should be monitored by a single body rather than by a number of small bodies.&rdquo; He also reiterated that Nepal currently has a market of Rs 40 billion for medicine.&nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-11-13',
			'modified' => '2017-11-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6659',
			'image' => null,
			'article_date' => '2017-11-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '5149',
			'article_category_id' => '34',
			'title' => 'Hamro Bikash Bank Approves Bonus and Right share',
			'sub_title' => '',
			'summary' => 'January 15: The 8th annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share. ',
			'content' => '<p style="text-align: justify;">January 15: The 8<sup>th</sup> annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-15',
			'modified' => '2017-01-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4952',
			'image' => null,
			'article_date' => '2017-01-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '5017',
			'article_category_id' => '34',
			'title' => 'Century Acquires Securities Application Collection Approval',
			'sub_title' => '',
			'summary' => 'December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January 15.',
			'content' => '<p style="text-align:justify">December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January 15.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-12-27',
			'modified' => '2016-12-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4829',
			'image' => '20161227123935_century.jpg',
			'article_date' => '2016-12-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 5 => array(
		'Article' => array(
			'id' => '3921',
			'article_category_id' => '34',
			'title' => 'HIDCL Share Transaction to Start from July 11',
			'sub_title' => '',
			'summary' => 'July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share transaction.',
			'content' => '<p style="text-align: justify;">July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share transaction.</p>

<p style="text-align: justify;">NEPSE generally provides price band up to 3 times of net worth per share for the first transaction. Presently, shares of hydroelectricity companies are being transacted for Rs 425 to Rs 1430. HIDCL has earlier requested share holders to D-mat their shares for share transaction.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-06',
			'modified' => '2016-07-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3754',
			'image' => '20160706040859_hidcl.jpg',
			'article_date' => '2016-07-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '3632',
			'article_category_id' => '34',
			'title' => 'Maruti Cement Honours Construction Workers',
			'sub_title' => '',
			'summary' => 'May 30: Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the event.',
			'content' => '<p style="text-align: justify;">May 30:&nbsp;Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the event.</p>

<p style="text-align: justify;">&ldquo;It is very a pleasing moment to honour head workers and contractors who have been integral part of the success of Maruti Cement,&rdquo; said Raju Shrestha, Brand Manager of the company.</p>

<p style="text-align: justify;">&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-05-30',
			'modified' => '2016-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3466',
			'image' => '20160530024109_maruti.jpg',
			'article_date' => '2016-05-30 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '3625',
			'article_category_id' => '34',
			'title' => 'Auction Bidding of Prabhu Bank's Right Shares',
			'sub_title' => '',
			'summary' => 'May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters’ right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April 10.',
			'content' => '<p style="text-align:justify">May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters&rsquo; right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April 10.</p>

<p style="text-align:justify">The bank has provided June 14-29 to submit sealed tender. As the minimum price per share is Rs 100, interested bidder will have to bid above Rs 100. The bank has restricted multiple bids from single individual, company or organisation. Interested bidder can bid for minimum of 100 units and maximum of all shares multipliable by 10.&nbsp;</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/prebhu.jpg" style="height:1498px; width:700px" /></p>
',
			'published' => true,
			'created' => '2016-05-29',
			'modified' => '2016-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3459',
			'image' => '20160529040954_prabhu.jpg',
			'article_date' => '2016-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 8 => array(
		'Article' => array(
			'id' => '3596',
			'article_category_id' => '34',
			'title' => ' Indian Terrain Brandstore in Pulchowk',
			'sub_title' => '',
			'summary' => 'May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.',
			'content' => '<p style="text-align: justify;">May 24: Indian Terrain, an Indian men&rsquo;s wears brand, has opened its exclusive showroom in Labim Mall. &ldquo;Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,&rdquo; said Amitabh Suri, Chief Operating Officer of the company. &ldquo;The international market of Indian Terrain brand has started with this opening of outlet,&rdquo; he added.</p>
',
			'published' => true,
			'created' => '2016-05-24',
			'modified' => '2016-05-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3430',
			'image' => '20160524115357_indan.jpg',
			'article_date' => '2016-05-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3594',
			'article_category_id' => '34',
			'title' => 'Gorkha Brewery Launches Somersby Apple Cider',
			'sub_title' => '',
			'summary' => 'May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.',
			'content' => '<p style="text-align:justify"><strong>May 23: </strong>Gorkha Brewery has launched a new refreshing drink &lsquo;Somersby Apple Cider&rsquo; amid an event at the Hyatt Regency, Kathmandu on Sunday.</p>

<p style="text-align:justify">Issuing a press release, the company informs that Somersby Apple Cider is a refreshing carbonated alcoholic drink made from fermented apple juice that contain 4.5% of alcohol. The company highlights that the drink is available in sweet taste with all natural ingredients with no artificial sweeteners, flavors or colorings.</p>

<p style="text-align:justify">As per the press release, Somersby is launched exclusively in premium sector of Kathmandu and in time will cater to urban sector in various other cities within Nepal.</p>

<p style="text-align:justify">&ldquo;Cider is something new to the Nepali market and to the Nepali consumers,&rdquo; says Deputy Managing Director, Surendra Silwal. Presently, Somersby Apple Cider is available in 250ml bottles and in packs of 12.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3428',
			'image' => '20160523032549_bru.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 10 => array(
		'Article' => array(
			'id' => '3593',
			'article_category_id' => '34',
			'title' => 'VISA’s First Innovation Center in Asia',
			'sub_title' => '',
			'summary' => 'May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.',
			'content' => '<p style="text-align:justify">May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.</p>

<p style="text-align:justify">Visa Inc. (NYSE: V), the first in a network of new innovation centres that Visa is opening around the world that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories with fast, secure and reliable electronic payment. Its head office is located in San Francisco.</p>

<p style="text-align:justify">Accessible to both local and global clients, the innovation centre located in Singapore will provide Visa partners&rsquo; access to Visa APIs and software developer kits (SDKs) available through the company&rsquo;s Visa Developer Platform. Also, it will operate as commercial gateway.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3427',
			'image' => '20160523031125_Visa_pic.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3592',
			'article_category_id' => '34',
			'title' => '3rd Kantipur HISSAN Edu-Fair Concluded',
			'sub_title' => '',
			'summary' => 'May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday.  The organisers informed that the fair was targeted at SLC appeared students and +2 graduates.',
			'content' => '<p style="text-align:justify">May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday.&nbsp; The organisers informed that the fair was targeted at SLC appeared students and +2 graduates. The fair was participated by 99 colleges. &nbsp;In the fair, every colleges were clearing the queries of students and parents visiting their stalls. Meanwhile, few of the colleges declared scholarship for the students visiting the fair. As per to Ramesh Silwal, President of HISSAN, 2,00,000 students and parents visited the fair in four days of opening.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3426',
			'image' => null,
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
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		'Article' => array(
			'id' => '3590',
			'article_category_id' => '34',
			'title' => 'Bonus Share of Sagarmatha Finance Approved',
			'sub_title' => '',
			'summary' => ' May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.  ',
			'content' => '<p style="text-align:justify">May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3424',
			'image' => '20160523011925_sagarmatha.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '3589',
			'article_category_id' => '34',
			'title' => 'TATA Motors Car Mela in Itahari',
			'sub_title' => '',
			'summary' => 'May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.',
			'content' => '<p style="text-align:justify">May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.</p>

<p style="text-align:justify">According to the press statement released by the company, among the total visitors 208+ individuals were involved in the test drive of Tata Vehicles and 23 of them booked the different models of Tata vehicles while 90 of them valued their vehicle for exchange.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3423',
			'image' => '20160523125608_tata.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '3433',
			'article_category_id' => '34',
			'title' => 'Net Profit of Kanchan Devt Bank Rs 36.6 Million',
			'sub_title' => '',
			'summary' => 'April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198 million.',
			'content' => '<p style="text-align:justify">April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198 million.</p>

<p style="text-align:justify">In compare to paid-up capital, net profit has decreased by 21.17 percent to 18.53 percent. Similarly, reserve fund of the bank has increased by 29.67 percent and investment has decreased by 23.34 percent. The bank has collected Rs 1.7 billion deposit while it has advanced Rs 1.5 billion loans. Meanwhile, interest income and interest expenses of the bank has increased by 25.58 percent to Rs 136.3 million and 20.60 percent to Rs 67.5 million respectively. Likewise, employee expenses, other operational expenses and total operational income have increased by 27 percent, 3.81 percent and 9 percent respectively. In the meantime, fixed assets of the bank have decreased by 95.60 percent whereas other assets have increased by 2 times.</p>

<p style="text-align:justify">The bank has been able to recover Rs 200,000 bad debt of last FY. The bank has allocated Rs 3 million in provision for possible losses. The bank has capital adequacy ratio of 15 percent and capital fund expenditure of 5.27 percent. Similarly, the bank has CD ratio of 77 percent and inactive loan of 1 percent.</p>

<p style="text-align:justify">According to the third quarter financial report, earning per share of the bank is at Rs 22.68 and liquidity ratio is of 28 times. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-04-29',
			'modified' => '2016-04-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3269',
			'image' => '20160429101801_kanchan.JPG',
			'article_date' => '2016-04-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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)
$current_user = null
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
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		'Article' => array(
			'id' => '6964',
			'article_category_id' => '34',
			'title' => 'Bajaj’s Exchange Offer from Today',
			'sub_title' => '',
			'summary' => 'November 23: Hansraj Hulaschand and Company, the authorised distributor of Bajaj motorcycles in Nepal, has started an exchange offer for two-wheelers. ',
			'content' => '<p style="text-align:justify"><span style="font-family:arial unicode ms">November 23: Hansraj Hulaschand and Company, the authorised distributor of Bajaj motorcycles in Nepal, has started an exchange offer for two-wheelers. Issuing a press statement, the company said that the exchange offer will be held at Bhrikutimandap, Kathmandu from November 23 to 27. During the exchange offer, customers can bring old motorcycles and scooters of any brand and take home a new one in its place after evaluation of the old model.</span></p>
',
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			'created' => '2017-11-23',
			'modified' => '2017-11-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6745',
			'image' => '20171123122840_download.jpg',
			'article_date' => '2017-11-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'id' => '6962',
			'article_category_id' => '34',
			'title' => 'Sanima Bank Opens Extension Counter at Bhaktapur DAO',
			'sub_title' => '',
			'summary' => 'November 22: Sanima Bank has opened an extension counter at the District Administration Office, Bhaktapur. ',
			'content' => '<p><span style="font-size:13px">November 22: Sanima Bank has opened an extension counter at the District Administration Office, Bhaktapur. The bank informed that its first counter opened on government premises will collects revenue for the district administration office. Chief District Officer of Bhaktapur District Administration Office, Droana Pokharel, and the bank&rsquo;s CEO, Bhuwan Dahal, jointly inaugurated the counter.</span></p>
',
			'published' => true,
			'created' => '2017-11-22',
			'modified' => '2017-11-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6743',
			'image' => null,
			'article_date' => '2017-11-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '6876',
			'article_category_id' => '34',
			'title' => 'Nepal has Market of Rs 40 Billion for Medicine: Traders',
			'sub_title' => '',
			'summary' => 'November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine.',
			'content' => '<p>November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine. &ldquo;Currently, the medicine industry has a market of Rs 40 billion in Nepal,&rdquo; said Deepak Prasad Dahal, president of Nepal Pharmaceutical Association (NPA), on the occasion of the 23rd general assembly of the association. He said that the market will expand to Rs 100 billion in three years.</p>

<p>Bhawani Rana, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the industry is not business friendly. She added that the FNCCI was ready to help pharmaceutical industry to become stronger.</p>

<p>&ldquo;For the last 20 years, the country has gone through political change only. Now, we should centralize our focus on socio-economic development of the country,&rdquo; said the President of the Confederation of Nepalese Industries, Hari Bhakta Sharma.</p>

<p>&ldquo;The government should strengthen the Department of Drug Administration,&rdquo; he said, adding, &ldquo;Sectors like livestock, food and pharmaceuticals should be monitored by a single body rather than by a number of small bodies.&rdquo; He also reiterated that Nepal currently has a market of Rs 40 billion for medicine.&nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-11-13',
			'modified' => '2017-11-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6659',
			'image' => null,
			'article_date' => '2017-11-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5149',
			'article_category_id' => '34',
			'title' => 'Hamro Bikash Bank Approves Bonus and Right share',
			'sub_title' => '',
			'summary' => 'January 15: The 8th annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share. ',
			'content' => '<p style="text-align: justify;">January 15: The 8<sup>th</sup> annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-15',
			'modified' => '2017-01-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4952',
			'image' => null,
			'article_date' => '2017-01-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5017',
			'article_category_id' => '34',
			'title' => 'Century Acquires Securities Application Collection Approval',
			'sub_title' => '',
			'summary' => 'December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January 15.',
			'content' => '<p style="text-align:justify">December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January 15.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-12-27',
			'modified' => '2016-12-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4829',
			'image' => '20161227123935_century.jpg',
			'article_date' => '2016-12-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 5 => array(
		'Article' => array(
			'id' => '3921',
			'article_category_id' => '34',
			'title' => 'HIDCL Share Transaction to Start from July 11',
			'sub_title' => '',
			'summary' => 'July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share transaction.',
			'content' => '<p style="text-align: justify;">July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share transaction.</p>

<p style="text-align: justify;">NEPSE generally provides price band up to 3 times of net worth per share for the first transaction. Presently, shares of hydroelectricity companies are being transacted for Rs 425 to Rs 1430. HIDCL has earlier requested share holders to D-mat their shares for share transaction.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-06',
			'modified' => '2016-07-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3754',
			'image' => '20160706040859_hidcl.jpg',
			'article_date' => '2016-07-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '3632',
			'article_category_id' => '34',
			'title' => 'Maruti Cement Honours Construction Workers',
			'sub_title' => '',
			'summary' => 'May 30: Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the event.',
			'content' => '<p style="text-align: justify;">May 30:&nbsp;Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the event.</p>

<p style="text-align: justify;">&ldquo;It is very a pleasing moment to honour head workers and contractors who have been integral part of the success of Maruti Cement,&rdquo; said Raju Shrestha, Brand Manager of the company.</p>

<p style="text-align: justify;">&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-05-30',
			'modified' => '2016-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3466',
			'image' => '20160530024109_maruti.jpg',
			'article_date' => '2016-05-30 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '3625',
			'article_category_id' => '34',
			'title' => 'Auction Bidding of Prabhu Bank's Right Shares',
			'sub_title' => '',
			'summary' => 'May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters’ right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April 10.',
			'content' => '<p style="text-align:justify">May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters&rsquo; right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April 10.</p>

<p style="text-align:justify">The bank has provided June 14-29 to submit sealed tender. As the minimum price per share is Rs 100, interested bidder will have to bid above Rs 100. The bank has restricted multiple bids from single individual, company or organisation. Interested bidder can bid for minimum of 100 units and maximum of all shares multipliable by 10.&nbsp;</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/prebhu.jpg" style="height:1498px; width:700px" /></p>
',
			'published' => true,
			'created' => '2016-05-29',
			'modified' => '2016-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3459',
			'image' => '20160529040954_prabhu.jpg',
			'article_date' => '2016-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '3596',
			'article_category_id' => '34',
			'title' => ' Indian Terrain Brandstore in Pulchowk',
			'sub_title' => '',
			'summary' => 'May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.',
			'content' => '<p style="text-align: justify;">May 24: Indian Terrain, an Indian men&rsquo;s wears brand, has opened its exclusive showroom in Labim Mall. &ldquo;Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,&rdquo; said Amitabh Suri, Chief Operating Officer of the company. &ldquo;The international market of Indian Terrain brand has started with this opening of outlet,&rdquo; he added.</p>
',
			'published' => true,
			'created' => '2016-05-24',
			'modified' => '2016-05-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3430',
			'image' => '20160524115357_indan.jpg',
			'article_date' => '2016-05-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3594',
			'article_category_id' => '34',
			'title' => 'Gorkha Brewery Launches Somersby Apple Cider',
			'sub_title' => '',
			'summary' => 'May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.',
			'content' => '<p style="text-align:justify"><strong>May 23: </strong>Gorkha Brewery has launched a new refreshing drink &lsquo;Somersby Apple Cider&rsquo; amid an event at the Hyatt Regency, Kathmandu on Sunday.</p>

<p style="text-align:justify">Issuing a press release, the company informs that Somersby Apple Cider is a refreshing carbonated alcoholic drink made from fermented apple juice that contain 4.5% of alcohol. The company highlights that the drink is available in sweet taste with all natural ingredients with no artificial sweeteners, flavors or colorings.</p>

<p style="text-align:justify">As per the press release, Somersby is launched exclusively in premium sector of Kathmandu and in time will cater to urban sector in various other cities within Nepal.</p>

<p style="text-align:justify">&ldquo;Cider is something new to the Nepali market and to the Nepali consumers,&rdquo; says Deputy Managing Director, Surendra Silwal. Presently, Somersby Apple Cider is available in 250ml bottles and in packs of 12.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3428',
			'image' => '20160523032549_bru.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 10 => array(
		'Article' => array(
			'id' => '3593',
			'article_category_id' => '34',
			'title' => 'VISA’s First Innovation Center in Asia',
			'sub_title' => '',
			'summary' => 'May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.',
			'content' => '<p style="text-align:justify">May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.</p>

<p style="text-align:justify">Visa Inc. (NYSE: V), the first in a network of new innovation centres that Visa is opening around the world that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories with fast, secure and reliable electronic payment. Its head office is located in San Francisco.</p>

<p style="text-align:justify">Accessible to both local and global clients, the innovation centre located in Singapore will provide Visa partners&rsquo; access to Visa APIs and software developer kits (SDKs) available through the company&rsquo;s Visa Developer Platform. Also, it will operate as commercial gateway.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3427',
			'image' => '20160523031125_Visa_pic.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3592',
			'article_category_id' => '34',
			'title' => '3rd Kantipur HISSAN Edu-Fair Concluded',
			'sub_title' => '',
			'summary' => 'May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday.  The organisers informed that the fair was targeted at SLC appeared students and +2 graduates.',
			'content' => '<p style="text-align:justify">May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday.&nbsp; The organisers informed that the fair was targeted at SLC appeared students and +2 graduates. The fair was participated by 99 colleges. &nbsp;In the fair, every colleges were clearing the queries of students and parents visiting their stalls. Meanwhile, few of the colleges declared scholarship for the students visiting the fair. As per to Ramesh Silwal, President of HISSAN, 2,00,000 students and parents visited the fair in four days of opening.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3426',
			'image' => null,
			'article_date' => '2016-05-23 00:00:00',
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			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '3590',
			'article_category_id' => '34',
			'title' => 'Bonus Share of Sagarmatha Finance Approved',
			'sub_title' => '',
			'summary' => ' May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.  ',
			'content' => '<p style="text-align:justify">May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3424',
			'image' => '20160523011925_sagarmatha.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '3589',
			'article_category_id' => '34',
			'title' => 'TATA Motors Car Mela in Itahari',
			'sub_title' => '',
			'summary' => 'May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.',
			'content' => '<p style="text-align:justify">May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.</p>

<p style="text-align:justify">According to the press statement released by the company, among the total visitors 208+ individuals were involved in the test drive of Tata Vehicles and 23 of them booked the different models of Tata vehicles while 90 of them valued their vehicle for exchange.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3423',
			'image' => '20160523125608_tata.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 14 => array(
		'Article' => array(
			'id' => '3433',
			'article_category_id' => '34',
			'title' => 'Net Profit of Kanchan Devt Bank Rs 36.6 Million',
			'sub_title' => '',
			'summary' => 'April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198 million.',
			'content' => '<p style="text-align:justify">April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198 million.</p>

<p style="text-align:justify">In compare to paid-up capital, net profit has decreased by 21.17 percent to 18.53 percent. Similarly, reserve fund of the bank has increased by 29.67 percent and investment has decreased by 23.34 percent. The bank has collected Rs 1.7 billion deposit while it has advanced Rs 1.5 billion loans. Meanwhile, interest income and interest expenses of the bank has increased by 25.58 percent to Rs 136.3 million and 20.60 percent to Rs 67.5 million respectively. Likewise, employee expenses, other operational expenses and total operational income have increased by 27 percent, 3.81 percent and 9 percent respectively. In the meantime, fixed assets of the bank have decreased by 95.60 percent whereas other assets have increased by 2 times.</p>

<p style="text-align:justify">The bank has been able to recover Rs 200,000 bad debt of last FY. The bank has allocated Rs 3 million in provision for possible losses. The bank has capital adequacy ratio of 15 percent and capital fund expenditure of 5.27 percent. Similarly, the bank has CD ratio of 77 percent and inactive loan of 1 percent.</p>

<p style="text-align:justify">According to the third quarter financial report, earning per share of the bank is at Rs 22.68 and liquidity ratio is of 28 times. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-04-29',
			'modified' => '2016-04-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3269',
			'image' => '20160429101801_kanchan.JPG',
			'article_date' => '2016-04-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
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			'Article' => array(
				[maximum depth reached]
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				[maximum depth reached]
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			'Article' => array(
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$articles = array(
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		'Article' => array(
			'id' => '6964',
			'article_category_id' => '34',
			'title' => 'Bajaj’s Exchange Offer from Today',
			'sub_title' => '',
			'summary' => 'November 23: Hansraj Hulaschand and Company, the authorised distributor of Bajaj motorcycles in Nepal, has started an exchange offer for two-wheelers. ',
			'content' => '<p style="text-align:justify"><span style="font-family:arial unicode ms">November 23: Hansraj Hulaschand and Company, the authorised distributor of Bajaj motorcycles in Nepal, has started an exchange offer for two-wheelers. Issuing a press statement, the company said that the exchange offer will be held at Bhrikutimandap, Kathmandu from November 23 to 27. During the exchange offer, customers can bring old motorcycles and scooters of any brand and take home a new one in its place after evaluation of the old model.</span></p>
',
			'published' => true,
			'created' => '2017-11-23',
			'modified' => '2017-11-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6745',
			'image' => '20171123122840_download.jpg',
			'article_date' => '2017-11-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '6962',
			'article_category_id' => '34',
			'title' => 'Sanima Bank Opens Extension Counter at Bhaktapur DAO',
			'sub_title' => '',
			'summary' => 'November 22: Sanima Bank has opened an extension counter at the District Administration Office, Bhaktapur. ',
			'content' => '<p><span style="font-size:13px">November 22: Sanima Bank has opened an extension counter at the District Administration Office, Bhaktapur. The bank informed that its first counter opened on government premises will collects revenue for the district administration office. Chief District Officer of Bhaktapur District Administration Office, Droana Pokharel, and the bank&rsquo;s CEO, Bhuwan Dahal, jointly inaugurated the counter.</span></p>
',
			'published' => true,
			'created' => '2017-11-22',
			'modified' => '2017-11-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6743',
			'image' => null,
			'article_date' => '2017-11-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '6876',
			'article_category_id' => '34',
			'title' => 'Nepal has Market of Rs 40 Billion for Medicine: Traders',
			'sub_title' => '',
			'summary' => 'November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine.',
			'content' => '<p>November 12: Local traders of Nepal have claimed that the country has a market of Rs 40 billion for medicine. &ldquo;Currently, the medicine industry has a market of Rs 40 billion in Nepal,&rdquo; said Deepak Prasad Dahal, president of Nepal Pharmaceutical Association (NPA), on the occasion of the 23rd general assembly of the association. He said that the market will expand to Rs 100 billion in three years.</p>

<p>Bhawani Rana, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the industry is not business friendly. She added that the FNCCI was ready to help pharmaceutical industry to become stronger.</p>

<p>&ldquo;For the last 20 years, the country has gone through political change only. Now, we should centralize our focus on socio-economic development of the country,&rdquo; said the President of the Confederation of Nepalese Industries, Hari Bhakta Sharma.</p>

<p>&ldquo;The government should strengthen the Department of Drug Administration,&rdquo; he said, adding, &ldquo;Sectors like livestock, food and pharmaceuticals should be monitored by a single body rather than by a number of small bodies.&rdquo; He also reiterated that Nepal currently has a market of Rs 40 billion for medicine.&nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-11-13',
			'modified' => '2017-11-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6659',
			'image' => null,
			'article_date' => '2017-11-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '5149',
			'article_category_id' => '34',
			'title' => 'Hamro Bikash Bank Approves Bonus and Right share',
			'sub_title' => '',
			'summary' => 'January 15: The 8th annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share. ',
			'content' => '<p style="text-align: justify;">January 15: The 8<sup>th</sup> annual general meeting of Hamro Bikash Bank has approved 25 per cent bonus share. Moreover, the meeting also approved a proposal of issuing 1:2 right shares from the paid-up capital maintained after distribution of bonus share.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-15',
			'modified' => '2017-01-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4952',
			'image' => null,
			'article_date' => '2017-01-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5017',
			'article_category_id' => '34',
			'title' => 'Century Acquires Securities Application Collection Approval',
			'sub_title' => '',
			'summary' => 'December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January 15.',
			'content' => '<p style="text-align:justify">December 27: Century Commercial Bank has acquired approval for collection of securities application from Securities Board of Nepal (SEBON). Issuing a press statement, the bank informed of starting the function from January 15.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-12-27',
			'modified' => '2016-12-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4829',
			'image' => '20161227123935_century.jpg',
			'article_date' => '2016-12-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 5 => array(
		'Article' => array(
			'id' => '3921',
			'article_category_id' => '34',
			'title' => 'HIDCL Share Transaction to Start from July 11',
			'sub_title' => '',
			'summary' => 'July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share transaction.',
			'content' => '<p style="text-align: justify;">July 6: The first share transaction of Hydroelectricity Investment and Development Company (HIDCL) will commence from Sunday, July 11. Nepal Stock Exchange (NEPSE) has given price band of Rs 109-328 to for the first share transaction.</p>

<p style="text-align: justify;">NEPSE generally provides price band up to 3 times of net worth per share for the first transaction. Presently, shares of hydroelectricity companies are being transacted for Rs 425 to Rs 1430. HIDCL has earlier requested share holders to D-mat their shares for share transaction.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-07-06',
			'modified' => '2016-07-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3754',
			'image' => '20160706040859_hidcl.jpg',
			'article_date' => '2016-07-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '3632',
			'article_category_id' => '34',
			'title' => 'Maruti Cement Honours Construction Workers',
			'sub_title' => '',
			'summary' => 'May 30: Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the event.',
			'content' => '<p style="text-align: justify;">May 30:&nbsp;Maruti Cement has organised a program to honour the local head workers and contractors of various places of the nation. Entertaining activities were included in the program and participants were handed with attractive gift hampers. In addition, contractors and head workers present in the program were gifted silver coins as the Token of Love. Head workers and contractors from Kathmandu Valley, Charikot, Hetauda and Narayanghat participated in the event.</p>

<p style="text-align: justify;">&ldquo;It is very a pleasing moment to honour head workers and contractors who have been integral part of the success of Maruti Cement,&rdquo; said Raju Shrestha, Brand Manager of the company.</p>

<p style="text-align: justify;">&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-05-30',
			'modified' => '2016-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3466',
			'image' => '20160530024109_maruti.jpg',
			'article_date' => '2016-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '3625',
			'article_category_id' => '34',
			'title' => 'Auction Bidding of Prabhu Bank's Right Shares',
			'sub_title' => '',
			'summary' => 'May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters’ right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April 10.',
			'content' => '<p style="text-align:justify">May 29: Prabhu bank has opened auction bidding sale of 157271.60 promoters&rsquo; right shares and 184614.40 general right shares that were unsold during the issuance. Earlier, it had issued right shares for its shareholders from February 28 to April 10.</p>

<p style="text-align:justify">The bank has provided June 14-29 to submit sealed tender. As the minimum price per share is Rs 100, interested bidder will have to bid above Rs 100. The bank has restricted multiple bids from single individual, company or organisation. Interested bidder can bid for minimum of 100 units and maximum of all shares multipliable by 10.&nbsp;</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/prebhu.jpg" style="height:1498px; width:700px" /></p>
',
			'published' => true,
			'created' => '2016-05-29',
			'modified' => '2016-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3459',
			'image' => '20160529040954_prabhu.jpg',
			'article_date' => '2016-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '3596',
			'article_category_id' => '34',
			'title' => ' Indian Terrain Brandstore in Pulchowk',
			'sub_title' => '',
			'summary' => 'May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.',
			'content' => '<p style="text-align: justify;">May 24: Indian Terrain, an Indian men&rsquo;s wears brand, has opened its exclusive showroom in Labim Mall. &ldquo;Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,&rdquo; said Amitabh Suri, Chief Operating Officer of the company. &ldquo;The international market of Indian Terrain brand has started with this opening of outlet,&rdquo; he added.</p>
',
			'published' => true,
			'created' => '2016-05-24',
			'modified' => '2016-05-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3430',
			'image' => '20160524115357_indan.jpg',
			'article_date' => '2016-05-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3594',
			'article_category_id' => '34',
			'title' => 'Gorkha Brewery Launches Somersby Apple Cider',
			'sub_title' => '',
			'summary' => 'May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.',
			'content' => '<p style="text-align:justify"><strong>May 23: </strong>Gorkha Brewery has launched a new refreshing drink &lsquo;Somersby Apple Cider&rsquo; amid an event at the Hyatt Regency, Kathmandu on Sunday.</p>

<p style="text-align:justify">Issuing a press release, the company informs that Somersby Apple Cider is a refreshing carbonated alcoholic drink made from fermented apple juice that contain 4.5% of alcohol. The company highlights that the drink is available in sweet taste with all natural ingredients with no artificial sweeteners, flavors or colorings.</p>

<p style="text-align:justify">As per the press release, Somersby is launched exclusively in premium sector of Kathmandu and in time will cater to urban sector in various other cities within Nepal.</p>

<p style="text-align:justify">&ldquo;Cider is something new to the Nepali market and to the Nepali consumers,&rdquo; says Deputy Managing Director, Surendra Silwal. Presently, Somersby Apple Cider is available in 250ml bottles and in packs of 12.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3428',
			'image' => '20160523032549_bru.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '3593',
			'article_category_id' => '34',
			'title' => 'VISA’s First Innovation Center in Asia',
			'sub_title' => '',
			'summary' => 'May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.',
			'content' => '<p style="text-align:justify">May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.</p>

<p style="text-align:justify">Visa Inc. (NYSE: V), the first in a network of new innovation centres that Visa is opening around the world that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories with fast, secure and reliable electronic payment. Its head office is located in San Francisco.</p>

<p style="text-align:justify">Accessible to both local and global clients, the innovation centre located in Singapore will provide Visa partners&rsquo; access to Visa APIs and software developer kits (SDKs) available through the company&rsquo;s Visa Developer Platform. Also, it will operate as commercial gateway.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3427',
			'image' => '20160523031125_Visa_pic.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3592',
			'article_category_id' => '34',
			'title' => '3rd Kantipur HISSAN Edu-Fair Concluded',
			'sub_title' => '',
			'summary' => 'May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday.  The organisers informed that the fair was targeted at SLC appeared students and +2 graduates.',
			'content' => '<p style="text-align:justify">May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday.&nbsp; The organisers informed that the fair was targeted at SLC appeared students and +2 graduates. The fair was participated by 99 colleges. &nbsp;In the fair, every colleges were clearing the queries of students and parents visiting their stalls. Meanwhile, few of the colleges declared scholarship for the students visiting the fair. As per to Ramesh Silwal, President of HISSAN, 2,00,000 students and parents visited the fair in four days of opening.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3426',
			'image' => null,
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '3590',
			'article_category_id' => '34',
			'title' => 'Bonus Share of Sagarmatha Finance Approved',
			'sub_title' => '',
			'summary' => ' May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.  ',
			'content' => '<p style="text-align:justify">May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3424',
			'image' => '20160523011925_sagarmatha.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '3589',
			'article_category_id' => '34',
			'title' => 'TATA Motors Car Mela in Itahari',
			'sub_title' => '',
			'summary' => 'May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.',
			'content' => '<p style="text-align:justify">May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.</p>

<p style="text-align:justify">According to the press statement released by the company, among the total visitors 208+ individuals were involved in the test drive of Tata Vehicles and 23 of them booked the different models of Tata vehicles while 90 of them valued their vehicle for exchange.</p>
',
			'published' => true,
			'created' => '2016-05-23',
			'modified' => '2016-05-23',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3423',
			'image' => '20160523125608_tata.jpg',
			'article_date' => '2016-05-23 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '3433',
			'article_category_id' => '34',
			'title' => 'Net Profit of Kanchan Devt Bank Rs 36.6 Million',
			'sub_title' => '',
			'summary' => 'April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198 million.',
			'content' => '<p style="text-align:justify">April 29: According to the third quarter financial report of Kanchan Development Bank, the net profit of the bank has increased by 31.28 percent to Rs 36.6 million. The increase in net interest income by 30.9 percent and operating profit by 8 percent has helped to boost the net profit of the bank. After issuing 25 percent bonus share and 4:1 right shares, paid-up capital of the bank has rose by 50 percent to Rs 198 million.</p>

<p style="text-align:justify">In compare to paid-up capital, net profit has decreased by 21.17 percent to 18.53 percent. Similarly, reserve fund of the bank has increased by 29.67 percent and investment has decreased by 23.34 percent. The bank has collected Rs 1.7 billion deposit while it has advanced Rs 1.5 billion loans. Meanwhile, interest income and interest expenses of the bank has increased by 25.58 percent to Rs 136.3 million and 20.60 percent to Rs 67.5 million respectively. Likewise, employee expenses, other operational expenses and total operational income have increased by 27 percent, 3.81 percent and 9 percent respectively. In the meantime, fixed assets of the bank have decreased by 95.60 percent whereas other assets have increased by 2 times.</p>

<p style="text-align:justify">The bank has been able to recover Rs 200,000 bad debt of last FY. The bank has allocated Rs 3 million in provision for possible losses. The bank has capital adequacy ratio of 15 percent and capital fund expenditure of 5.27 percent. Similarly, the bank has CD ratio of 77 percent and inactive loan of 1 percent.</p>

<p style="text-align:justify">According to the third quarter financial report, earning per share of the bank is at Rs 22.68 and liquidity ratio is of 28 times. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-04-29',
			'modified' => '2016-04-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3269',
			'image' => '20160429101801_kanchan.JPG',
			'article_date' => '2016-04-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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