Feedback

Feedback August 2013

Nov 30, -0001 0 4 minutes 44 seconds to read

…

Feedback July 2013

Nov 30, -0001 1 4 minutes 56 seconds to read

…

Feedback April 2013

Nov 30, -0001 0 3 minutes 26 seconds to read

…

Revisiting Nepali Consumers

Nov 30, -0001 0 1 minutes 1 seconds to read

…

Consumer Behaviour

Nov 30, -0001 0 13 seconds to read

…

Small Things Make Large Difference

Nov 30, -0001 0 45 seconds to read

…

Wider Coverage

Nov 30, -0001 0 36 seconds to read

…

Guilty Until Proven Innocent!

Nov 30, -0001 0 43 seconds to read

…

Cult Brand

Nov 30, -0001 0 1 minutes 19 seconds to read

…

New Year Hues

Nov 30, -0001 0 1 minutes 5 seconds to read

…

Extend The Value Chain

Nov 30, -0001 0 1 minutes 29 seconds to read

…

Airlines Merger

Nov 30, -0001 0 41 seconds to read

…

Media Convergence

Nov 30, -0001 0 30 seconds to read

…

Informative Magazine

Nov 30, -0001 0 23 seconds to read

…

Room To Improve

Nov 30, -0001 0 46 seconds to read

…

< previous1234next >

No Laughing Matter

The Sweet Rewards of Power

By Madan Lamsal

. . .
read more »

NEPSE

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '1676',
			'article_category_id' => '50',
			'title' => 'Feedback August 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>Inclusive Growth</strong></div>
<div>
	&nbsp;</div>
<div>
	Inclusive growth came into existence when the developmental models and theories of economic development could not address people from all walks of the society. When one sector developed and prospered, the other remained undeveloped. In the race of economic development, the riches went on getting richer while the poorer went on remaining poorer. Similarly, the difference of classes was clearly visible. In the context of South Asia and especially Nepal, the diversity of ethnicity and caste system was equally diverse in terms of the prosperity and level of development. So, the model of inclusive development for Nepal should be an attempt to bring such marginalised groups of people that have been in poverty and fallen backward in the process of mainstream development, no matter to which caste or ethnic division they belong to. The aim must be the economic prosperity and increased level of human development at the same time for people living in the grassroots.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	But, where I think the Nepali politics failed to hit the right chord is, it mostly focused on devolution of state power and territory more than on equal distribution of resources and ways to attain balanced development throughout the country. We focused more on federal models based on identity politics. The identity based federal restructuring alone cannot ensure inclusive development. It more or less takes of economic development that can reach to the majority of people. Though the inclusive development tilts more towards the social development and social inclusion, it cannot be separated from the economic development.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Pratikshya Bhandari, Shantinagar, Kathmandu</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Market Presence&nbsp;</strong></p>
</div>
<div>
	I believe Mahindra and Mahindra remains far behind Sworaj and Sonalika tractors in far western and mid western Nepal. One of the reasons behind this is that tractors from Mahindra and Mahindra are priced comparatively higher. Although this brand has worked with Agni Incorporated in Nepal, I don&rsquo;t find it having aggressive and effective marketing policies compared to some of its biggest competitors.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Arjun Kshetry via website</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Home Stay&nbsp;</strong></p>
</div>
<div>
	Home stay service initiated in Buraunse, one of the remote villages of Humla district is a praiseworthy initiative to bring tourists to Humla. It would not only allow experiencing the lifestyle and culture of Humlis first hand, but also provide a source of livelihood for local people. The culture, traditions and the scenic beauty of Humla can be a perfect destination to domestic tourists, researchers and also trekkers from abroad. The home stay facility initiated by the Great Himalaya Trail there could lead to an evolution of tourism activities through replication in surrounding villages and the development of tourist friendly attitude in local people. In remote villages similar to those of Humla, people can make tourism their main source of income and create markets for local products. But the development of tourism in villages would not be possible only through local initiative. It must be backed by state policies and projects for the promotion and development of tourism activities.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Sandesh Niroula, Biratnagar&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Merger Movement&nbsp;</strong></p>
</div>
<div>
	After much talk about the merger of banks and financial institutions, it seems conversation has shifted to the insurance business. Insurance is also another sector where companies have not reached the majority of Nepal&#39;s population. First, the general public is less aware about the benefits of subscribing to life and non life insurance policies. Second, insurance companies too are failing to penetrate the market and create awareness. Moreover, insurance subscription is related to the level of disposable income as a certain amount of monthly income is allocated for insurance premiums. Likewise, in the Nepali market, non-life insurance is still infantile. Apart from large companies, it has hardly reached the consumer level.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In an immature market for insurance products, the regulator has come up with a directive to raise paid-up capital for the companies. Therefore, it would be better to go for a merger and create a synergy effect to work effectively in the market. It would help to create a stronger company with wider reach and larger customer base. But there is not harm if companies choose to increase their capital through other means.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Bimala Nakarmi, Dhobighat, Lalitpur&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>A complete package&nbsp;</strong></p>
</div>
<div>
	I am a regular reader of the New Business Age. I am a finance student and have keen interest in banking and financial issues. The content provided by the magazine is a complete package that benefits enthusiasts like me. I would like to thank the New Business Age team for putting a huge effort on making the magazine an &ldquo;all-economic and all-financial package&rdquo;, where all curious minds have plenty of answers and guidance to their dilemmas. Good luck, and keep it up.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Amit Gnawali, Butwal, via website</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<em><span style="font-size: 11px;">Mail your feedback to P O Box 14197, Kathmandu or Email to editor@newbusinessage.com&nbsp;</span></em></p>
</div>
<div>
	<em><span style="font-size: 11px;">The mail will be edited for the purpose of clarity and brevity.</span></em></div>
<div>
	<hr />
</div>
<p>
	&nbsp;</p>',
			'published' => true,
			'created' => '2013-08-22',
			'modified' => '0000-00-00',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'Inclusive growth came into existence when the developmental models and theories of economic development could not address people from all walks of the society.',
			'sortorder' => '1537',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '1444',
			'article_category_id' => '50',
			'title' => 'Feedback July 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<h2>
	Merger and Acquisition</h2>
<p>
	<span style="font-size: 12px;">The number of banks and financial institutions (BFI) Nepal has, is by no means small for the size of the economy and geography. The central bank&rsquo;s initiative to lower the number of BFIs through mergers is a a quite welcoming attempt. Mergers and acquisitions, if well executed will result into a more effective, efficient and a stronger company.&nbsp;</span></p>
<p>
	At the moment, merger is not a challenge for the financial market but the number of BFIs in the given size of geography and economy definitely is. Large number of BFIs would mean more amounts of capital accumulated in smaller chunks as fixed assets and capital of the banks that could have been invested in other productive areas. So far, we have not seen banks investing in large projects and making long term investments. This would be possible when banks with strong capital base emerge. It is highly unlikely to happen when capital is spread across more than 30 commercial banks. It is always better to have 10 large banks than having 30 small incapable ones. At the moment, number of problematic BFIs is also increasing. Merger and acquisition should ensure merger of two or more companies into one to make a single strong and capable bank. However, so far, we have not seen merger of two commercial banks.&nbsp;</p>
<p>
	It is argued that if the number of commercial banks comes down, they will be involved in carteling. The central bank should keep an eye to prevent such irregularities. But, when two commercial banks merge, one of the foremost impacts is the large capital base. This makes possible to invest in large projects and create a ground for long term investment which is missing at the moment. The development so far in the merger and acquisition is encouraging but I think it should reach the next level soon.&nbsp;</p>
<p>
	<em>- Sambida Sharma, Balkumari</em></p>
<hr />
<p>
	<strong>Summer Market Trends&nbsp;</strong></p>
<p>
	As the writer argues in &lsquo;Summer Market 2013&rsquo; (Vol. 12 Issue 8 of New Business Age), growing urbanisation and popularity of nuclear families have played their part in giving certain products a boost in the market. However, I believe that these factors are not the only contributors. I think that purchasing power plays a more important role in determining consumption pattern. Fuelled by remittances, purchasing power has been on the rise in Nepal. This has driven up consumption.&nbsp;</p>
<p>
	<em>- Bhimsen Bharati, Kapan</em></p>
<hr />
<p>
	<strong>HELVETAS Partner in Sustainable Development&nbsp;</strong></p>
<p>
	I went through the Development- Partner story about HELVETAS in June 2013 issue. The story revolves around the positive work of the organisation. What it is doing for the benefits of the Nepali people is really encouraging. However, the article failed to provide details about more of its activities. I would have loved to know more about the projects of HELVETAS in detail. For example, about their target areas and people and the extent of the benefits it has created and also the negative impacts it may have caused. It would make the story a more interesting read if views of beneficiaries too were incorporated.&nbsp;</p>
<p>
	<em>- Sushil Chhetri, Budhanilkantha</em></p>
<hr />
<p>
	<strong>Bit of Entertainment Business&nbsp;</strong></p>
<p>
	I have been reading your magazine regularly and I appreciate your efforts to create a business-literate readership. It is good to see that your media is covering different issues related to business and economy. It would also be appreciable if you also could write about entertainment business. I think that would make the magazine more fascinating to read, and will attract young readers too.&nbsp;</p>
<p>
	<em>- Santosh Dhungana, Chabahil</em></p>
<hr />
<p>
	<strong>Century of Indian Cinema&nbsp;</strong></p>
<p>
	When the Indian cinema was celebrating its centenary, it had already collected non-Indian audience base from a number of countries. The Indian cinema or the movie industry popularly known as Bollywood is one of the largest entertainment industries in terms of number of movies produced every year. Though it may have surpassed Hollywood&rsquo;s annual production, it is yet to equalise in terms of revenues collected. From the South Asian perspective, small entertainment industries like that of Nepal could learn a lot from the burgeoning industry next door. But, most of the countries in South Asia have put a ban on Indian cinemas for a long time. Even Nepal had made numerous attempts in the past to ban Hindi cinema. But in absence of quality cinemas produced locally and the access to foreign movies through the satellite televisions, Internet and pirated cheap DVDs, the attempt always remained a failed one as the viewers were never ready for the ban to be imposed. Similar was the situation in other neighbouring countries. There is a huge lack of creativity in the local cinema industry, and instead of getting inspired from the neighbouring industry- the Nepali Film industry has been limited to copying Bollywood, that too badly. There is a lot to learn from a century long experience of Indian cinema and adopt the technology and techniques of storytelling they use rather than merely copying some scenes and dialogues. The neighbouring countries can learn from Indian movie industry the techniques to find a space among global audience.&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	-<em> Prabhat Dhakal, New Baneshwor, Kathmandu</em></p>
<div>
	<div>
		<hr />
		<span style="font-size:11px;"><em>Mail your feedback to P O Box 14197, Kathmandu or Email to <a href="mailto:editor@newbusinessage.com?subject=Re%3AFeedback%20July%202013">editor@newbusinessage.com</a></em></span></div>
	<div>
		<span style="font-size:11px;"><em>The mail will be edited for the purpose of clarity and brevity.</em></span>
		<hr />
	</div>
</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-07-19',
			'modified' => '2013-07-19',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'The number of banks and financial institutions (BFI) Nepal has, is by no means small for the size of the economy and geography. The central bank’s initiative to lower the number of BFIs through mergers is a a quite welcoming attempt. Mergers and acquisitions, if well executed will result into a more effective, efficient and a stronger company.',
			'sortorder' => '1306',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '1219',
			'article_category_id' => '50',
			'title' => 'Feedback April 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong><br />
	Media Convergence </strong><br />
	<br />
	The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model. There are many opportunities emerging from media business. Media owners also need to determine the relative importance of advertising to their business. The market too seems to be complex because different consumer patterns emerge. But the reality is, new media will go along with old media behaviour offering consumers with various choices. <br />
	<br />
	<strong>Pramila Olee, Teku, Kathmandu </strong><br />
	<br />
	<br />
	<br />
	<strong>Informative Magazine <br />
	</strong><br />
	I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal. <br />
	<br />
	<strong>Ihitashri Shandilya, Managing Director and CEO, MITHILAsmita Art &amp; Craft Pvt Ltd, INDIA</strong><br />
	<br />
	<br />
	<br />
	<br />
	<strong>Room to Improve </strong><br />
	<br />
	The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors. Overall however, the construct, background and work in stories are solid. The team has its heart in the right place. <br />
	<br />
	The layout can be made much brighter. Quite a few stories appear in pages with a dull gray background. If this is to differentiate the content in any way, then okay, else brighter colours would make things livelier. Overall, it contains a lot of breadth of content, and a lot of content just overall. You might want to look at having some infographics to cut the sheer river of text. <br />
	<br />
	<strong>Karan Rajpal, rajpalkaran@gmail.com</strong><br />
	<br />
	<br />
	<strong><br />
	Holistic Education </strong><br />
	<br />
	Holistic education basically helps students to find identity and purpose in life by connecting to the community, nature and humanitarian value as a whole. This kind of study also helps them to face the challenges that come up in the life. Though, this education is considered to be very effective to understand human affairs, some argue that such spiritual education is not important for today’s competitive world. Thus, holistic education is mostly considered as costly, requires more skilled teachers and various curricular activities. <br />
	<br />
	<strong>Samrat Thapa, Koteswor, Kathmandu</strong><br />
	<br />
	<br />
	<br />
	<strong><br />
	MBA is not for everyone </strong><br />
	<br />
	Being an MBA student means you are being taught one right answer for one problem. It points out your attribute of who you are, offering your perspectives and experiences to your networking targets. MBA is all about collection of your skills, abilities, successes, failures, fears, dreams and hopes. Getting an MBA degree is certainly to have a horse in the race but at the end, the most important degree one need to possess is Human University. <br />
	<br />
	<strong>Ashish Dhungana, MBA student, Whitehouse College</strong><br />
	<br />
	<br />
	<br />
	<br />
	<strong>Mahakumbh: Mahamarket </strong><br />
	<br />
	It takes great ‘entrepreneur skills’ to see business prospects at a truly religious event of Mahakumbh. Obviously, it is one of the largest events where millions of people visit. And people also mean market for doing business. A religious event need not mean a market for only holy products. Therefore the Mahakumbh was also a market for products ranging from fashion accessories such as jewellery and hair accessories for women to herbal medicines and religious souvenirs. Similarly, the management of the entire event could also be a source of knowledge about management. After all managing such a large event where millions of pilgrims flock takes great management skills and mantras to make it happen successfully. <br />
	<br />
	<strong>Abhishek Karki, Godawari, Lalitpur</strong><br />
	<br />
	<br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2013-06-30',
			'modified' => '0000-00-00',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'sortorder' => '1081',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '1094',
			'article_category_id' => '50',
			'title' => 'Revisiting Nepali Consumers',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	Nepali market has growing tremendously over the last few years. This has helped create a fertile ground for high-end and branded products. This shows that high-end consumers are increasing in the market. Likewise, it is also true that people now have more options to choose from -- depending upon their purchasing capacity. However, it is also a fact that the gap between the rich and poor is also widening. This in the market scenario implies that the people around and below the poverty line are kept away from the growing market. Living in the same society, the market that is close to rich people becomes a distant land for them. It is also because the marketers target rich people at the cost of poor ones. It is more difficult for the middle class who neither can downgrade their lifestyle nor can afford an upgrade. Living with limited resources amid soaring prices, customers are always anxious about the future. For the working class, it is even more difficult as their income growth does not match the soaring inflation. Eventually beneficiaries of a growing market are sellers rather than the buyers.</p>
<p>
	<strong>- Sahara Regmi, Pokhara</strong></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, New Business Age, Opinion, June 2013',
			'description' => 'Nepali market has growing tremendously over the last few years. This has helped create a fertile ground for high-end and branded products.',
			'sortorder' => '963',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '1093',
			'article_category_id' => '50',
			'title' => 'Consumer Behaviour',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The cover story regarding consumer behaviour was really interesting. As I am working for my Masters Degree thesis on consumer behaviour, the story was really helpful for me.</p>
<p>
	<strong>- Manoj Kumar Sah, Kathmandu&nbsp;</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, June 2013, New Business Age',
			'description' => 'The cover story regarding consumer behaviour was really interesting. As I am working for my Masters Degree thesis on consumer behaviour, the story was really helpful for me.',
			'sortorder' => '962',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '1092',
			'article_category_id' => '50',
			'title' => 'Small Things Make Large Difference',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	Sometimes a simple statement or a small act leads to a series of unintended consequences. Many people fail to comprehend the fact that such unusual things may happen in our own lives. ‘Guilty Until Proven Innocent’ (May 2013) talks about those simple facts of life that &nbsp;need to be taken more seriously. We, certainly, have to respect others. Gender discrimination has been a problem in many parts of the world. Cases of violence against women are also being reported very frequently in Nepal. Heinous crimes should not be neglected and the culprits should face strict punishment. Above all, victims must get justice.&nbsp;</p>
<p>
	We must all respect one another’s individuality, freedom and privacy. This must be developed as an ethics of every individual and these things are also guaranteed by the country’s law.</p>
<p>
	<strong>- Kapil Parajuli, Bhaktapur</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, June 2013, New Business Age',
			'description' => 'Sometimes a simple statement or a small act leads to a series of unintended consequences. Many people fail to comprehend the fact that such unusual things may happen in our own lives.',
			'sortorder' => '961',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '1091',
			'article_category_id' => '50',
			'title' => 'Wider Coverage',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	I have been reading your magazine for all this year and found it to be interesting. It is always good to see that at least there is one good corporate magazine in Nepal. As readers, we are excited to know more about the buzz sectors all over Nepal. Most of the magazines are based in Kathmandu, Pokhara and Chitwan. Areas such as Biratnagar, Birgunj, Janakpur, Nepalgunj and others have a wide range of business activities. The Tarai area is the producer of bread and butter for the country. It will be interesting to see all corners of Nepal being covered rather than just the capital city.</p>
<p>
	<strong>- Rima Shrestha, Via email</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Feedback, New Business Age, June 2013',
			'description' => 'I have been reading your magazine for all this year and found it to be interesting. It is always good to see that at least there is one good corporate magazine in Nepal.',
			'sortorder' => '960',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '1090',
			'article_category_id' => '50',
			'title' => 'Guilty Until Proven Innocent!',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	I went through the Buddha’s Delight column New Biz May 2013 ‘Guilty Until Proven Innocent’’. I am happy that the writer brought up an important issue in his column. We need to do away with our tendency to blame the victim of a crime. I am glad that the writer has shed light on a pressing issue, citing examples from the Mahabharata and the Ramayana. &nbsp;</p>
<p>
	I agree with the writer that empowering women with more choices and freedom is crucial for a better society. Women really are the key to economic growth, social development and environmental sustainability. And for that, everyone in the society -- men or women -- should first change their mindsets. Like you said ‘Each one of us must redefine our thought process.’</p>
<p>
	<strong>- Pratima Sharma, Budhanilkantha</strong></p>
<p>
	 </p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, New Business Age, June 2013',
			'description' => 'I went through the Buddha’s Delight column New Biz May 2013 ‘Guilty Until Proven Innocent’’. I am happy that the writer brought up an important issue in his column.',
			'sortorder' => '959',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '1089',
			'article_category_id' => '50',
			'title' => 'Cult Brand',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I am currently studying Brand Management in Norwegian School of Economics. I came across the article titled ‘The KFC Legacy’ published in New Business Age through the Internet. Well, this might be little bit harsh, but I think this article is just history and advertisement of KFC, nothing much about the brand and its management. The writer said that the cult status earned by KFC can be credited to its logo. It’s not true. There are many other factors which contribute to gain cult status. Logo is a very small part of it. If you look at other cult brands like Apple or Harley Davidson, it is not just the about logo, it’s the culture, personality and some other factors which make them cult brands. And overall, I do not agree with you that KFC has cult status. We refer cult brands as those which have very strong community that defends the brand and often fans refuse to buy competitor brands. In the case of KFC, there is nothing like that. In developed countries, people go to KFC for tasty and cheap food and in country like ours, people go to KFC to have tasty food and to show off or impress their peers. There is nothing like people going to KFC are die-hard fans of KFC. Anyway that’s my point of view (maybe wrong) but I still wrote what I thought about. Hope to receive some answers or comments from the writer of the article.&nbsp;</p>
<p>
	<strong>- Paras Jain</strong></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Feedback, Opinion, New Business Age, June 2013',
			'description' => 'I am currently studying Brand Management in Norwegian School of Economics. I came across the article titled ‘The KFC Legacy’ published in New Business Age through the Internet. Well, this might be little bit harsh, but I think this article is just history and advertisement of KFC, nothing much about the brand and its management.',
			'sortorder' => '958',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '996',
			'article_category_id' => '50',
			'title' => 'New Year Hues',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	The rise of the middle and upper middle class and the growing income this sector of the society enjoys definitely have increased consumeriism. In the Nepali context, not only these factors have been contributing to the growing level of consumption of both FMCGs (Fast Moving Consumer Goods) and durables. The increasing remittance from migrant workers potentially goes for consumption too. Consumption is naturally the top priority for the families of the migrant workers with a humble economic background. &nbsp;However, it is important to note that these consumers are not considered to be brand conscious. Urban dwellers and, especially, the youths are the ones concerned and lured by the flashy brand names.&nbsp;</p>
<p>
	Various well known global brands have their presence in Nepal in different product categories. The festive seasons are the moments when there is an opportunity for these brands to potentially increase sales, more than in “normal days.” Consumers also want to make festivals a special occasion by shopping new goods. The New Year 2070 seems to be the perfect occasion: customers buy more and sellers try to sell more as well. To make this happen, business get involved in aggressive marketing strategies. This is an attempt to create a win-win situation for both.</p>
<p>
	<strong>Sangam Khadka, Baneshwor</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'New Year Hues, Feedback, New Business Age',
			'description' => 'The rise of the middle and upper middle class and the growing income this sector of the society enjoys definitely have increased consumeriism. In the Nepali context, not only these factors have been contributing to the growing level of consumption of both FMCGs (Fast Moving Consumer Goods) and durables.',
			'sortorder' => '872',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '995',
			'article_category_id' => '50',
			'title' => 'Extend The Value Chain',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I find New Business Age magazine loaded with relevant content. I believe that the reading habit of today’s youth is oriented towards byte sized articles. Additionally, articles could be more attractive and easier to comprehend with the use of graphics. Enlivening the contents in such a manner would be a challenge for contributory guest articles, but if the magazine could offer a way to do it and the approval from the author, the suggested improvements could be achieved. &nbsp;&nbsp;</p>
<p>
	I think that the core readers of this magazine are young executives and management students. What they really crave for is information - latest trends, developments, concepts, models… etc. I wonder, is it possible to feature an exec-summary with every issue that touches 5 to 10 important points under various categories For example, these could be latest concepts in H.R., governance, CSR, marketing, branding orleadership. Each point could be a 3-4 liner as in intro. The reader can do research by him or herself if the subject is relevant.</p>
<p>
	I believe that any educational forum or magazine (like this one) has a dual role to play: pass on domain knowledge and also imbibe certain values and attributes that make humans better. After all, the quality of a human being defines the way he or she &nbsp;operates in a value-challenged environment. Could your magazines carry a regular feature that helps the reader to understand the difference between pursuing success and excellence? Is the publication group into creating experiential platforms that bring alive the various theories propounded in these magazines? Such activities would extend the value chain and would go a long way to create domain leadership.&nbsp;</p>
<p>
	<strong>Manosh R. Sengupta, Brand-Parent, Nurturer, Mentor, brand-@itude</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'Extend The Value Chain, Feedback, New Business Age',
			'description' => 'I find New Business Age magazine loaded with relevant content. I believe that the reading habit of today’s youth is oriented towards byte sized articles. Additionally, articles could be more attractive and easier to comprehend with the use of graphics.',
			'sortorder' => '871',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '994',
			'article_category_id' => '50',
			'title' => 'Airlines Merger',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	As TR Manandhar, Director General of CAAN, said (New Business Age, April 2013) the number of airlines is higher than what the &nbsp;market can sustain. In a condition where tourism is not yet at a peak, the domestic market for aviation in Nepal is still untapped and some rural destinations can be developed that can be reached more conveniently by air than by land. &nbsp;Airlines have been facing problems in generating profits because of the high operational cost and inadequate capital base. In the current situation, as Manandhar suggests, it would be wise to merge airline companies. That would increase the fleet size, the capital base and the reach. The merger of companies &nbsp;would also help them operate by being one robust company.</p>
<p>
	<strong>Binita Sharma, Pokhara</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'Airlines Merger, Feedback, New Business Age',
			'description' => 'As TR Manandhar, Director General of CAAN, said (New Business Age, April 2013) the number of airlines is higher than what the  market can sustain.',
			'sortorder' => '870',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '960',
			'article_category_id' => '50',
			'title' => 'Media Convergence',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model. There are many opportunities emerging from media business. Media owners also need to determine the relative importance of advertising to their business. The market too seems to be complex because different consumer patterns emerge. But the reality is, new media will go along with old media behaviour offering consumers with various choices.&nbsp;</p>
<p>
	<strong>Pramila Olee, Teku, Kathmandu</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '2013-07-05',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model.',
			'sortorder' => '839',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '959',
			'article_category_id' => '50',
			'title' => 'Informative Magazine',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal.&nbsp;</p>
<p>
	<strong>Ihitashri Shandilya, Managing Director and CEO, MITHILAsmita Art &amp; Craft Pvt Ltd, INDIA</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal.',
			'sortorder' => '838',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '958',
			'article_category_id' => '50',
			'title' => 'Room To Improve',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors. Overall however, the construct, background and work in stories are solid. The team has its heart in the right place.&nbsp;</p>
<p>
	The layout can be made much brighter. Quite a few stories appear in pages with a dull gray background. If this is to differentiate the content in any way, then okay, else brighter colours would make things livelier. Overall, it contains a lot of breadth of content, and a lot of content just overall. You might want to look at having some infographics to cut the sheer river of text.</p>
<p>
	<strong>Karan Rajpal, rajpalkaran@gmail.com</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors.',
			'sortorder' => '837',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	)
)
$current_user = null
$logged_in = false
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';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '1676',
			'article_category_id' => '50',
			'title' => 'Feedback August 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>Inclusive Growth</strong></div>
<div>
	&nbsp;</div>
<div>
	Inclusive growth came into existence when the developmental models and theories of economic development could not address people from all walks of the society. When one sector developed and prospered, the other remained undeveloped. In the race of economic development, the riches went on getting richer while the poorer went on remaining poorer. Similarly, the difference of classes was clearly visible. In the context of South Asia and especially Nepal, the diversity of ethnicity and caste system was equally diverse in terms of the prosperity and level of development. So, the model of inclusive development for Nepal should be an attempt to bring such marginalised groups of people that have been in poverty and fallen backward in the process of mainstream development, no matter to which caste or ethnic division they belong to. The aim must be the economic prosperity and increased level of human development at the same time for people living in the grassroots.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	But, where I think the Nepali politics failed to hit the right chord is, it mostly focused on devolution of state power and territory more than on equal distribution of resources and ways to attain balanced development throughout the country. We focused more on federal models based on identity politics. The identity based federal restructuring alone cannot ensure inclusive development. It more or less takes of economic development that can reach to the majority of people. Though the inclusive development tilts more towards the social development and social inclusion, it cannot be separated from the economic development.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Pratikshya Bhandari, Shantinagar, Kathmandu</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Market Presence&nbsp;</strong></p>
</div>
<div>
	I believe Mahindra and Mahindra remains far behind Sworaj and Sonalika tractors in far western and mid western Nepal. One of the reasons behind this is that tractors from Mahindra and Mahindra are priced comparatively higher. Although this brand has worked with Agni Incorporated in Nepal, I don&rsquo;t find it having aggressive and effective marketing policies compared to some of its biggest competitors.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Arjun Kshetry via website</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Home Stay&nbsp;</strong></p>
</div>
<div>
	Home stay service initiated in Buraunse, one of the remote villages of Humla district is a praiseworthy initiative to bring tourists to Humla. It would not only allow experiencing the lifestyle and culture of Humlis first hand, but also provide a source of livelihood for local people. The culture, traditions and the scenic beauty of Humla can be a perfect destination to domestic tourists, researchers and also trekkers from abroad. The home stay facility initiated by the Great Himalaya Trail there could lead to an evolution of tourism activities through replication in surrounding villages and the development of tourist friendly attitude in local people. In remote villages similar to those of Humla, people can make tourism their main source of income and create markets for local products. But the development of tourism in villages would not be possible only through local initiative. It must be backed by state policies and projects for the promotion and development of tourism activities.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Sandesh Niroula, Biratnagar&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Merger Movement&nbsp;</strong></p>
</div>
<div>
	After much talk about the merger of banks and financial institutions, it seems conversation has shifted to the insurance business. Insurance is also another sector where companies have not reached the majority of Nepal&#39;s population. First, the general public is less aware about the benefits of subscribing to life and non life insurance policies. Second, insurance companies too are failing to penetrate the market and create awareness. Moreover, insurance subscription is related to the level of disposable income as a certain amount of monthly income is allocated for insurance premiums. Likewise, in the Nepali market, non-life insurance is still infantile. Apart from large companies, it has hardly reached the consumer level.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In an immature market for insurance products, the regulator has come up with a directive to raise paid-up capital for the companies. Therefore, it would be better to go for a merger and create a synergy effect to work effectively in the market. It would help to create a stronger company with wider reach and larger customer base. But there is not harm if companies choose to increase their capital through other means.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Bimala Nakarmi, Dhobighat, Lalitpur&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>A complete package&nbsp;</strong></p>
</div>
<div>
	I am a regular reader of the New Business Age. I am a finance student and have keen interest in banking and financial issues. The content provided by the magazine is a complete package that benefits enthusiasts like me. I would like to thank the New Business Age team for putting a huge effort on making the magazine an &ldquo;all-economic and all-financial package&rdquo;, where all curious minds have plenty of answers and guidance to their dilemmas. Good luck, and keep it up.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Amit Gnawali, Butwal, via website</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<em><span style="font-size: 11px;">Mail your feedback to P O Box 14197, Kathmandu or Email to editor@newbusinessage.com&nbsp;</span></em></p>
</div>
<div>
	<em><span style="font-size: 11px;">The mail will be edited for the purpose of clarity and brevity.</span></em></div>
<div>
	<hr />
</div>
<p>
	&nbsp;</p>',
			'published' => true,
			'created' => '2013-08-22',
			'modified' => '0000-00-00',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'Inclusive growth came into existence when the developmental models and theories of economic development could not address people from all walks of the society.',
			'sortorder' => '1537',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '1444',
			'article_category_id' => '50',
			'title' => 'Feedback July 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<h2>
	Merger and Acquisition</h2>
<p>
	<span style="font-size: 12px;">The number of banks and financial institutions (BFI) Nepal has, is by no means small for the size of the economy and geography. The central bank&rsquo;s initiative to lower the number of BFIs through mergers is a a quite welcoming attempt. Mergers and acquisitions, if well executed will result into a more effective, efficient and a stronger company.&nbsp;</span></p>
<p>
	At the moment, merger is not a challenge for the financial market but the number of BFIs in the given size of geography and economy definitely is. Large number of BFIs would mean more amounts of capital accumulated in smaller chunks as fixed assets and capital of the banks that could have been invested in other productive areas. So far, we have not seen banks investing in large projects and making long term investments. This would be possible when banks with strong capital base emerge. It is highly unlikely to happen when capital is spread across more than 30 commercial banks. It is always better to have 10 large banks than having 30 small incapable ones. At the moment, number of problematic BFIs is also increasing. Merger and acquisition should ensure merger of two or more companies into one to make a single strong and capable bank. However, so far, we have not seen merger of two commercial banks.&nbsp;</p>
<p>
	It is argued that if the number of commercial banks comes down, they will be involved in carteling. The central bank should keep an eye to prevent such irregularities. But, when two commercial banks merge, one of the foremost impacts is the large capital base. This makes possible to invest in large projects and create a ground for long term investment which is missing at the moment. The development so far in the merger and acquisition is encouraging but I think it should reach the next level soon.&nbsp;</p>
<p>
	<em>- Sambida Sharma, Balkumari</em></p>
<hr />
<p>
	<strong>Summer Market Trends&nbsp;</strong></p>
<p>
	As the writer argues in &lsquo;Summer Market 2013&rsquo; (Vol. 12 Issue 8 of New Business Age), growing urbanisation and popularity of nuclear families have played their part in giving certain products a boost in the market. However, I believe that these factors are not the only contributors. I think that purchasing power plays a more important role in determining consumption pattern. Fuelled by remittances, purchasing power has been on the rise in Nepal. This has driven up consumption.&nbsp;</p>
<p>
	<em>- Bhimsen Bharati, Kapan</em></p>
<hr />
<p>
	<strong>HELVETAS Partner in Sustainable Development&nbsp;</strong></p>
<p>
	I went through the Development- Partner story about HELVETAS in June 2013 issue. The story revolves around the positive work of the organisation. What it is doing for the benefits of the Nepali people is really encouraging. However, the article failed to provide details about more of its activities. I would have loved to know more about the projects of HELVETAS in detail. For example, about their target areas and people and the extent of the benefits it has created and also the negative impacts it may have caused. It would make the story a more interesting read if views of beneficiaries too were incorporated.&nbsp;</p>
<p>
	<em>- Sushil Chhetri, Budhanilkantha</em></p>
<hr />
<p>
	<strong>Bit of Entertainment Business&nbsp;</strong></p>
<p>
	I have been reading your magazine regularly and I appreciate your efforts to create a business-literate readership. It is good to see that your media is covering different issues related to business and economy. It would also be appreciable if you also could write about entertainment business. I think that would make the magazine more fascinating to read, and will attract young readers too.&nbsp;</p>
<p>
	<em>- Santosh Dhungana, Chabahil</em></p>
<hr />
<p>
	<strong>Century of Indian Cinema&nbsp;</strong></p>
<p>
	When the Indian cinema was celebrating its centenary, it had already collected non-Indian audience base from a number of countries. The Indian cinema or the movie industry popularly known as Bollywood is one of the largest entertainment industries in terms of number of movies produced every year. Though it may have surpassed Hollywood&rsquo;s annual production, it is yet to equalise in terms of revenues collected. From the South Asian perspective, small entertainment industries like that of Nepal could learn a lot from the burgeoning industry next door. But, most of the countries in South Asia have put a ban on Indian cinemas for a long time. Even Nepal had made numerous attempts in the past to ban Hindi cinema. But in absence of quality cinemas produced locally and the access to foreign movies through the satellite televisions, Internet and pirated cheap DVDs, the attempt always remained a failed one as the viewers were never ready for the ban to be imposed. Similar was the situation in other neighbouring countries. There is a huge lack of creativity in the local cinema industry, and instead of getting inspired from the neighbouring industry- the Nepali Film industry has been limited to copying Bollywood, that too badly. There is a lot to learn from a century long experience of Indian cinema and adopt the technology and techniques of storytelling they use rather than merely copying some scenes and dialogues. The neighbouring countries can learn from Indian movie industry the techniques to find a space among global audience.&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	-<em> Prabhat Dhakal, New Baneshwor, Kathmandu</em></p>
<div>
	<div>
		<hr />
		<span style="font-size:11px;"><em>Mail your feedback to P O Box 14197, Kathmandu or Email to <a href="mailto:editor@newbusinessage.com?subject=Re%3AFeedback%20July%202013">editor@newbusinessage.com</a></em></span></div>
	<div>
		<span style="font-size:11px;"><em>The mail will be edited for the purpose of clarity and brevity.</em></span>
		<hr />
	</div>
</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-07-19',
			'modified' => '2013-07-19',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'The number of banks and financial institutions (BFI) Nepal has, is by no means small for the size of the economy and geography. The central bank’s initiative to lower the number of BFIs through mergers is a a quite welcoming attempt. Mergers and acquisitions, if well executed will result into a more effective, efficient and a stronger company.',
			'sortorder' => '1306',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '1219',
			'article_category_id' => '50',
			'title' => 'Feedback April 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong><br />
	Media Convergence </strong><br />
	<br />
	The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model. There are many opportunities emerging from media business. Media owners also need to determine the relative importance of advertising to their business. The market too seems to be complex because different consumer patterns emerge. But the reality is, new media will go along with old media behaviour offering consumers with various choices. <br />
	<br />
	<strong>Pramila Olee, Teku, Kathmandu </strong><br />
	<br />
	<br />
	<br />
	<strong>Informative Magazine <br />
	</strong><br />
	I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal. <br />
	<br />
	<strong>Ihitashri Shandilya, Managing Director and CEO, MITHILAsmita Art &amp; Craft Pvt Ltd, INDIA</strong><br />
	<br />
	<br />
	<br />
	<br />
	<strong>Room to Improve </strong><br />
	<br />
	The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors. Overall however, the construct, background and work in stories are solid. The team has its heart in the right place. <br />
	<br />
	The layout can be made much brighter. Quite a few stories appear in pages with a dull gray background. If this is to differentiate the content in any way, then okay, else brighter colours would make things livelier. Overall, it contains a lot of breadth of content, and a lot of content just overall. You might want to look at having some infographics to cut the sheer river of text. <br />
	<br />
	<strong>Karan Rajpal, rajpalkaran@gmail.com</strong><br />
	<br />
	<br />
	<strong><br />
	Holistic Education </strong><br />
	<br />
	Holistic education basically helps students to find identity and purpose in life by connecting to the community, nature and humanitarian value as a whole. This kind of study also helps them to face the challenges that come up in the life. Though, this education is considered to be very effective to understand human affairs, some argue that such spiritual education is not important for today’s competitive world. Thus, holistic education is mostly considered as costly, requires more skilled teachers and various curricular activities. <br />
	<br />
	<strong>Samrat Thapa, Koteswor, Kathmandu</strong><br />
	<br />
	<br />
	<br />
	<strong><br />
	MBA is not for everyone </strong><br />
	<br />
	Being an MBA student means you are being taught one right answer for one problem. It points out your attribute of who you are, offering your perspectives and experiences to your networking targets. MBA is all about collection of your skills, abilities, successes, failures, fears, dreams and hopes. Getting an MBA degree is certainly to have a horse in the race but at the end, the most important degree one need to possess is Human University. <br />
	<br />
	<strong>Ashish Dhungana, MBA student, Whitehouse College</strong><br />
	<br />
	<br />
	<br />
	<br />
	<strong>Mahakumbh: Mahamarket </strong><br />
	<br />
	It takes great ‘entrepreneur skills’ to see business prospects at a truly religious event of Mahakumbh. Obviously, it is one of the largest events where millions of people visit. And people also mean market for doing business. A religious event need not mean a market for only holy products. Therefore the Mahakumbh was also a market for products ranging from fashion accessories such as jewellery and hair accessories for women to herbal medicines and religious souvenirs. Similarly, the management of the entire event could also be a source of knowledge about management. After all managing such a large event where millions of pilgrims flock takes great management skills and mantras to make it happen successfully. <br />
	<br />
	<strong>Abhishek Karki, Godawari, Lalitpur</strong><br />
	<br />
	<br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2013-06-30',
			'modified' => '0000-00-00',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'sortorder' => '1081',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '1094',
			'article_category_id' => '50',
			'title' => 'Revisiting Nepali Consumers',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	Nepali market has growing tremendously over the last few years. This has helped create a fertile ground for high-end and branded products. This shows that high-end consumers are increasing in the market. Likewise, it is also true that people now have more options to choose from -- depending upon their purchasing capacity. However, it is also a fact that the gap between the rich and poor is also widening. This in the market scenario implies that the people around and below the poverty line are kept away from the growing market. Living in the same society, the market that is close to rich people becomes a distant land for them. It is also because the marketers target rich people at the cost of poor ones. It is more difficult for the middle class who neither can downgrade their lifestyle nor can afford an upgrade. Living with limited resources amid soaring prices, customers are always anxious about the future. For the working class, it is even more difficult as their income growth does not match the soaring inflation. Eventually beneficiaries of a growing market are sellers rather than the buyers.</p>
<p>
	<strong>- Sahara Regmi, Pokhara</strong></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, New Business Age, Opinion, June 2013',
			'description' => 'Nepali market has growing tremendously over the last few years. This has helped create a fertile ground for high-end and branded products.',
			'sortorder' => '963',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '1093',
			'article_category_id' => '50',
			'title' => 'Consumer Behaviour',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The cover story regarding consumer behaviour was really interesting. As I am working for my Masters Degree thesis on consumer behaviour, the story was really helpful for me.</p>
<p>
	<strong>- Manoj Kumar Sah, Kathmandu&nbsp;</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, June 2013, New Business Age',
			'description' => 'The cover story regarding consumer behaviour was really interesting. As I am working for my Masters Degree thesis on consumer behaviour, the story was really helpful for me.',
			'sortorder' => '962',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '1092',
			'article_category_id' => '50',
			'title' => 'Small Things Make Large Difference',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	Sometimes a simple statement or a small act leads to a series of unintended consequences. Many people fail to comprehend the fact that such unusual things may happen in our own lives. ‘Guilty Until Proven Innocent’ (May 2013) talks about those simple facts of life that &nbsp;need to be taken more seriously. We, certainly, have to respect others. Gender discrimination has been a problem in many parts of the world. Cases of violence against women are also being reported very frequently in Nepal. Heinous crimes should not be neglected and the culprits should face strict punishment. Above all, victims must get justice.&nbsp;</p>
<p>
	We must all respect one another’s individuality, freedom and privacy. This must be developed as an ethics of every individual and these things are also guaranteed by the country’s law.</p>
<p>
	<strong>- Kapil Parajuli, Bhaktapur</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, June 2013, New Business Age',
			'description' => 'Sometimes a simple statement or a small act leads to a series of unintended consequences. Many people fail to comprehend the fact that such unusual things may happen in our own lives.',
			'sortorder' => '961',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '1091',
			'article_category_id' => '50',
			'title' => 'Wider Coverage',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	I have been reading your magazine for all this year and found it to be interesting. It is always good to see that at least there is one good corporate magazine in Nepal. As readers, we are excited to know more about the buzz sectors all over Nepal. Most of the magazines are based in Kathmandu, Pokhara and Chitwan. Areas such as Biratnagar, Birgunj, Janakpur, Nepalgunj and others have a wide range of business activities. The Tarai area is the producer of bread and butter for the country. It will be interesting to see all corners of Nepal being covered rather than just the capital city.</p>
<p>
	<strong>- Rima Shrestha, Via email</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Feedback, New Business Age, June 2013',
			'description' => 'I have been reading your magazine for all this year and found it to be interesting. It is always good to see that at least there is one good corporate magazine in Nepal.',
			'sortorder' => '960',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '1090',
			'article_category_id' => '50',
			'title' => 'Guilty Until Proven Innocent!',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	I went through the Buddha’s Delight column New Biz May 2013 ‘Guilty Until Proven Innocent’’. I am happy that the writer brought up an important issue in his column. We need to do away with our tendency to blame the victim of a crime. I am glad that the writer has shed light on a pressing issue, citing examples from the Mahabharata and the Ramayana. &nbsp;</p>
<p>
	I agree with the writer that empowering women with more choices and freedom is crucial for a better society. Women really are the key to economic growth, social development and environmental sustainability. And for that, everyone in the society -- men or women -- should first change their mindsets. Like you said ‘Each one of us must redefine our thought process.’</p>
<p>
	<strong>- Pratima Sharma, Budhanilkantha</strong></p>
<p>
	 </p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, New Business Age, June 2013',
			'description' => 'I went through the Buddha’s Delight column New Biz May 2013 ‘Guilty Until Proven Innocent’’. I am happy that the writer brought up an important issue in his column.',
			'sortorder' => '959',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '1089',
			'article_category_id' => '50',
			'title' => 'Cult Brand',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I am currently studying Brand Management in Norwegian School of Economics. I came across the article titled ‘The KFC Legacy’ published in New Business Age through the Internet. Well, this might be little bit harsh, but I think this article is just history and advertisement of KFC, nothing much about the brand and its management. The writer said that the cult status earned by KFC can be credited to its logo. It’s not true. There are many other factors which contribute to gain cult status. Logo is a very small part of it. If you look at other cult brands like Apple or Harley Davidson, it is not just the about logo, it’s the culture, personality and some other factors which make them cult brands. And overall, I do not agree with you that KFC has cult status. We refer cult brands as those which have very strong community that defends the brand and often fans refuse to buy competitor brands. In the case of KFC, there is nothing like that. In developed countries, people go to KFC for tasty and cheap food and in country like ours, people go to KFC to have tasty food and to show off or impress their peers. There is nothing like people going to KFC are die-hard fans of KFC. Anyway that’s my point of view (maybe wrong) but I still wrote what I thought about. Hope to receive some answers or comments from the writer of the article.&nbsp;</p>
<p>
	<strong>- Paras Jain</strong></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Feedback, Opinion, New Business Age, June 2013',
			'description' => 'I am currently studying Brand Management in Norwegian School of Economics. I came across the article titled ‘The KFC Legacy’ published in New Business Age through the Internet. Well, this might be little bit harsh, but I think this article is just history and advertisement of KFC, nothing much about the brand and its management.',
			'sortorder' => '958',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '996',
			'article_category_id' => '50',
			'title' => 'New Year Hues',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	The rise of the middle and upper middle class and the growing income this sector of the society enjoys definitely have increased consumeriism. In the Nepali context, not only these factors have been contributing to the growing level of consumption of both FMCGs (Fast Moving Consumer Goods) and durables. The increasing remittance from migrant workers potentially goes for consumption too. Consumption is naturally the top priority for the families of the migrant workers with a humble economic background. &nbsp;However, it is important to note that these consumers are not considered to be brand conscious. Urban dwellers and, especially, the youths are the ones concerned and lured by the flashy brand names.&nbsp;</p>
<p>
	Various well known global brands have their presence in Nepal in different product categories. The festive seasons are the moments when there is an opportunity for these brands to potentially increase sales, more than in “normal days.” Consumers also want to make festivals a special occasion by shopping new goods. The New Year 2070 seems to be the perfect occasion: customers buy more and sellers try to sell more as well. To make this happen, business get involved in aggressive marketing strategies. This is an attempt to create a win-win situation for both.</p>
<p>
	<strong>Sangam Khadka, Baneshwor</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'New Year Hues, Feedback, New Business Age',
			'description' => 'The rise of the middle and upper middle class and the growing income this sector of the society enjoys definitely have increased consumeriism. In the Nepali context, not only these factors have been contributing to the growing level of consumption of both FMCGs (Fast Moving Consumer Goods) and durables.',
			'sortorder' => '872',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '995',
			'article_category_id' => '50',
			'title' => 'Extend The Value Chain',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I find New Business Age magazine loaded with relevant content. I believe that the reading habit of today’s youth is oriented towards byte sized articles. Additionally, articles could be more attractive and easier to comprehend with the use of graphics. Enlivening the contents in such a manner would be a challenge for contributory guest articles, but if the magazine could offer a way to do it and the approval from the author, the suggested improvements could be achieved. &nbsp;&nbsp;</p>
<p>
	I think that the core readers of this magazine are young executives and management students. What they really crave for is information - latest trends, developments, concepts, models… etc. I wonder, is it possible to feature an exec-summary with every issue that touches 5 to 10 important points under various categories For example, these could be latest concepts in H.R., governance, CSR, marketing, branding orleadership. Each point could be a 3-4 liner as in intro. The reader can do research by him or herself if the subject is relevant.</p>
<p>
	I believe that any educational forum or magazine (like this one) has a dual role to play: pass on domain knowledge and also imbibe certain values and attributes that make humans better. After all, the quality of a human being defines the way he or she &nbsp;operates in a value-challenged environment. Could your magazines carry a regular feature that helps the reader to understand the difference between pursuing success and excellence? Is the publication group into creating experiential platforms that bring alive the various theories propounded in these magazines? Such activities would extend the value chain and would go a long way to create domain leadership.&nbsp;</p>
<p>
	<strong>Manosh R. Sengupta, Brand-Parent, Nurturer, Mentor, brand-@itude</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'Extend The Value Chain, Feedback, New Business Age',
			'description' => 'I find New Business Age magazine loaded with relevant content. I believe that the reading habit of today’s youth is oriented towards byte sized articles. Additionally, articles could be more attractive and easier to comprehend with the use of graphics.',
			'sortorder' => '871',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '994',
			'article_category_id' => '50',
			'title' => 'Airlines Merger',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	As TR Manandhar, Director General of CAAN, said (New Business Age, April 2013) the number of airlines is higher than what the &nbsp;market can sustain. In a condition where tourism is not yet at a peak, the domestic market for aviation in Nepal is still untapped and some rural destinations can be developed that can be reached more conveniently by air than by land. &nbsp;Airlines have been facing problems in generating profits because of the high operational cost and inadequate capital base. In the current situation, as Manandhar suggests, it would be wise to merge airline companies. That would increase the fleet size, the capital base and the reach. The merger of companies &nbsp;would also help them operate by being one robust company.</p>
<p>
	<strong>Binita Sharma, Pokhara</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'Airlines Merger, Feedback, New Business Age',
			'description' => 'As TR Manandhar, Director General of CAAN, said (New Business Age, April 2013) the number of airlines is higher than what the  market can sustain.',
			'sortorder' => '870',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '960',
			'article_category_id' => '50',
			'title' => 'Media Convergence',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model. There are many opportunities emerging from media business. Media owners also need to determine the relative importance of advertising to their business. The market too seems to be complex because different consumer patterns emerge. But the reality is, new media will go along with old media behaviour offering consumers with various choices.&nbsp;</p>
<p>
	<strong>Pramila Olee, Teku, Kathmandu</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '2013-07-05',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model.',
			'sortorder' => '839',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '959',
			'article_category_id' => '50',
			'title' => 'Informative Magazine',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal.&nbsp;</p>
<p>
	<strong>Ihitashri Shandilya, Managing Director and CEO, MITHILAsmita Art &amp; Craft Pvt Ltd, INDIA</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal.',
			'sortorder' => '838',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '958',
			'article_category_id' => '50',
			'title' => 'Room To Improve',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors. Overall however, the construct, background and work in stories are solid. The team has its heart in the right place.&nbsp;</p>
<p>
	The layout can be made much brighter. Quite a few stories appear in pages with a dull gray background. If this is to differentiate the content in any way, then okay, else brighter colours would make things livelier. Overall, it contains a lot of breadth of content, and a lot of content just overall. You might want to look at having some infographics to cut the sheer river of text.</p>
<p>
	<strong>Karan Rajpal, rajpalkaran@gmail.com</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors.',
			'sortorder' => '837',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	)
)
$current_user = null
$logged_in = false
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

file not found!

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '1676',
			'article_category_id' => '50',
			'title' => 'Feedback August 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>Inclusive Growth</strong></div>
<div>
	&nbsp;</div>
<div>
	Inclusive growth came into existence when the developmental models and theories of economic development could not address people from all walks of the society. When one sector developed and prospered, the other remained undeveloped. In the race of economic development, the riches went on getting richer while the poorer went on remaining poorer. Similarly, the difference of classes was clearly visible. In the context of South Asia and especially Nepal, the diversity of ethnicity and caste system was equally diverse in terms of the prosperity and level of development. So, the model of inclusive development for Nepal should be an attempt to bring such marginalised groups of people that have been in poverty and fallen backward in the process of mainstream development, no matter to which caste or ethnic division they belong to. The aim must be the economic prosperity and increased level of human development at the same time for people living in the grassroots.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	But, where I think the Nepali politics failed to hit the right chord is, it mostly focused on devolution of state power and territory more than on equal distribution of resources and ways to attain balanced development throughout the country. We focused more on federal models based on identity politics. The identity based federal restructuring alone cannot ensure inclusive development. It more or less takes of economic development that can reach to the majority of people. Though the inclusive development tilts more towards the social development and social inclusion, it cannot be separated from the economic development.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Pratikshya Bhandari, Shantinagar, Kathmandu</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Market Presence&nbsp;</strong></p>
</div>
<div>
	I believe Mahindra and Mahindra remains far behind Sworaj and Sonalika tractors in far western and mid western Nepal. One of the reasons behind this is that tractors from Mahindra and Mahindra are priced comparatively higher. Although this brand has worked with Agni Incorporated in Nepal, I don&rsquo;t find it having aggressive and effective marketing policies compared to some of its biggest competitors.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Arjun Kshetry via website</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Home Stay&nbsp;</strong></p>
</div>
<div>
	Home stay service initiated in Buraunse, one of the remote villages of Humla district is a praiseworthy initiative to bring tourists to Humla. It would not only allow experiencing the lifestyle and culture of Humlis first hand, but also provide a source of livelihood for local people. The culture, traditions and the scenic beauty of Humla can be a perfect destination to domestic tourists, researchers and also trekkers from abroad. The home stay facility initiated by the Great Himalaya Trail there could lead to an evolution of tourism activities through replication in surrounding villages and the development of tourist friendly attitude in local people. In remote villages similar to those of Humla, people can make tourism their main source of income and create markets for local products. But the development of tourism in villages would not be possible only through local initiative. It must be backed by state policies and projects for the promotion and development of tourism activities.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Sandesh Niroula, Biratnagar&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Merger Movement&nbsp;</strong></p>
</div>
<div>
	After much talk about the merger of banks and financial institutions, it seems conversation has shifted to the insurance business. Insurance is also another sector where companies have not reached the majority of Nepal&#39;s population. First, the general public is less aware about the benefits of subscribing to life and non life insurance policies. Second, insurance companies too are failing to penetrate the market and create awareness. Moreover, insurance subscription is related to the level of disposable income as a certain amount of monthly income is allocated for insurance premiums. Likewise, in the Nepali market, non-life insurance is still infantile. Apart from large companies, it has hardly reached the consumer level.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In an immature market for insurance products, the regulator has come up with a directive to raise paid-up capital for the companies. Therefore, it would be better to go for a merger and create a synergy effect to work effectively in the market. It would help to create a stronger company with wider reach and larger customer base. But there is not harm if companies choose to increase their capital through other means.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Bimala Nakarmi, Dhobighat, Lalitpur&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>A complete package&nbsp;</strong></p>
</div>
<div>
	I am a regular reader of the New Business Age. I am a finance student and have keen interest in banking and financial issues. The content provided by the magazine is a complete package that benefits enthusiasts like me. I would like to thank the New Business Age team for putting a huge effort on making the magazine an &ldquo;all-economic and all-financial package&rdquo;, where all curious minds have plenty of answers and guidance to their dilemmas. Good luck, and keep it up.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Amit Gnawali, Butwal, via website</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<em><span style="font-size: 11px;">Mail your feedback to P O Box 14197, Kathmandu or Email to editor@newbusinessage.com&nbsp;</span></em></p>
</div>
<div>
	<em><span style="font-size: 11px;">The mail will be edited for the purpose of clarity and brevity.</span></em></div>
<div>
	<hr />
</div>
<p>
	&nbsp;</p>',
			'published' => true,
			'created' => '2013-08-22',
			'modified' => '0000-00-00',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'Inclusive growth came into existence when the developmental models and theories of economic development could not address people from all walks of the society.',
			'sortorder' => '1537',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '1444',
			'article_category_id' => '50',
			'title' => 'Feedback July 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<h2>
	Merger and Acquisition</h2>
<p>
	<span style="font-size: 12px;">The number of banks and financial institutions (BFI) Nepal has, is by no means small for the size of the economy and geography. The central bank&rsquo;s initiative to lower the number of BFIs through mergers is a a quite welcoming attempt. Mergers and acquisitions, if well executed will result into a more effective, efficient and a stronger company.&nbsp;</span></p>
<p>
	At the moment, merger is not a challenge for the financial market but the number of BFIs in the given size of geography and economy definitely is. Large number of BFIs would mean more amounts of capital accumulated in smaller chunks as fixed assets and capital of the banks that could have been invested in other productive areas. So far, we have not seen banks investing in large projects and making long term investments. This would be possible when banks with strong capital base emerge. It is highly unlikely to happen when capital is spread across more than 30 commercial banks. It is always better to have 10 large banks than having 30 small incapable ones. At the moment, number of problematic BFIs is also increasing. Merger and acquisition should ensure merger of two or more companies into one to make a single strong and capable bank. However, so far, we have not seen merger of two commercial banks.&nbsp;</p>
<p>
	It is argued that if the number of commercial banks comes down, they will be involved in carteling. The central bank should keep an eye to prevent such irregularities. But, when two commercial banks merge, one of the foremost impacts is the large capital base. This makes possible to invest in large projects and create a ground for long term investment which is missing at the moment. The development so far in the merger and acquisition is encouraging but I think it should reach the next level soon.&nbsp;</p>
<p>
	<em>- Sambida Sharma, Balkumari</em></p>
<hr />
<p>
	<strong>Summer Market Trends&nbsp;</strong></p>
<p>
	As the writer argues in &lsquo;Summer Market 2013&rsquo; (Vol. 12 Issue 8 of New Business Age), growing urbanisation and popularity of nuclear families have played their part in giving certain products a boost in the market. However, I believe that these factors are not the only contributors. I think that purchasing power plays a more important role in determining consumption pattern. Fuelled by remittances, purchasing power has been on the rise in Nepal. This has driven up consumption.&nbsp;</p>
<p>
	<em>- Bhimsen Bharati, Kapan</em></p>
<hr />
<p>
	<strong>HELVETAS Partner in Sustainable Development&nbsp;</strong></p>
<p>
	I went through the Development- Partner story about HELVETAS in June 2013 issue. The story revolves around the positive work of the organisation. What it is doing for the benefits of the Nepali people is really encouraging. However, the article failed to provide details about more of its activities. I would have loved to know more about the projects of HELVETAS in detail. For example, about their target areas and people and the extent of the benefits it has created and also the negative impacts it may have caused. It would make the story a more interesting read if views of beneficiaries too were incorporated.&nbsp;</p>
<p>
	<em>- Sushil Chhetri, Budhanilkantha</em></p>
<hr />
<p>
	<strong>Bit of Entertainment Business&nbsp;</strong></p>
<p>
	I have been reading your magazine regularly and I appreciate your efforts to create a business-literate readership. It is good to see that your media is covering different issues related to business and economy. It would also be appreciable if you also could write about entertainment business. I think that would make the magazine more fascinating to read, and will attract young readers too.&nbsp;</p>
<p>
	<em>- Santosh Dhungana, Chabahil</em></p>
<hr />
<p>
	<strong>Century of Indian Cinema&nbsp;</strong></p>
<p>
	When the Indian cinema was celebrating its centenary, it had already collected non-Indian audience base from a number of countries. The Indian cinema or the movie industry popularly known as Bollywood is one of the largest entertainment industries in terms of number of movies produced every year. Though it may have surpassed Hollywood&rsquo;s annual production, it is yet to equalise in terms of revenues collected. From the South Asian perspective, small entertainment industries like that of Nepal could learn a lot from the burgeoning industry next door. But, most of the countries in South Asia have put a ban on Indian cinemas for a long time. Even Nepal had made numerous attempts in the past to ban Hindi cinema. But in absence of quality cinemas produced locally and the access to foreign movies through the satellite televisions, Internet and pirated cheap DVDs, the attempt always remained a failed one as the viewers were never ready for the ban to be imposed. Similar was the situation in other neighbouring countries. There is a huge lack of creativity in the local cinema industry, and instead of getting inspired from the neighbouring industry- the Nepali Film industry has been limited to copying Bollywood, that too badly. There is a lot to learn from a century long experience of Indian cinema and adopt the technology and techniques of storytelling they use rather than merely copying some scenes and dialogues. The neighbouring countries can learn from Indian movie industry the techniques to find a space among global audience.&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	-<em> Prabhat Dhakal, New Baneshwor, Kathmandu</em></p>
<div>
	<div>
		<hr />
		<span style="font-size:11px;"><em>Mail your feedback to P O Box 14197, Kathmandu or Email to <a href="mailto:editor@newbusinessage.com?subject=Re%3AFeedback%20July%202013">editor@newbusinessage.com</a></em></span></div>
	<div>
		<span style="font-size:11px;"><em>The mail will be edited for the purpose of clarity and brevity.</em></span>
		<hr />
	</div>
</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-07-19',
			'modified' => '2013-07-19',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'The number of banks and financial institutions (BFI) Nepal has, is by no means small for the size of the economy and geography. The central bank’s initiative to lower the number of BFIs through mergers is a a quite welcoming attempt. Mergers and acquisitions, if well executed will result into a more effective, efficient and a stronger company.',
			'sortorder' => '1306',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '1219',
			'article_category_id' => '50',
			'title' => 'Feedback April 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong><br />
	Media Convergence </strong><br />
	<br />
	The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model. There are many opportunities emerging from media business. Media owners also need to determine the relative importance of advertising to their business. The market too seems to be complex because different consumer patterns emerge. But the reality is, new media will go along with old media behaviour offering consumers with various choices. <br />
	<br />
	<strong>Pramila Olee, Teku, Kathmandu </strong><br />
	<br />
	<br />
	<br />
	<strong>Informative Magazine <br />
	</strong><br />
	I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal. <br />
	<br />
	<strong>Ihitashri Shandilya, Managing Director and CEO, MITHILAsmita Art &amp; Craft Pvt Ltd, INDIA</strong><br />
	<br />
	<br />
	<br />
	<br />
	<strong>Room to Improve </strong><br />
	<br />
	The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors. Overall however, the construct, background and work in stories are solid. The team has its heart in the right place. <br />
	<br />
	The layout can be made much brighter. Quite a few stories appear in pages with a dull gray background. If this is to differentiate the content in any way, then okay, else brighter colours would make things livelier. Overall, it contains a lot of breadth of content, and a lot of content just overall. You might want to look at having some infographics to cut the sheer river of text. <br />
	<br />
	<strong>Karan Rajpal, rajpalkaran@gmail.com</strong><br />
	<br />
	<br />
	<strong><br />
	Holistic Education </strong><br />
	<br />
	Holistic education basically helps students to find identity and purpose in life by connecting to the community, nature and humanitarian value as a whole. This kind of study also helps them to face the challenges that come up in the life. Though, this education is considered to be very effective to understand human affairs, some argue that such spiritual education is not important for today’s competitive world. Thus, holistic education is mostly considered as costly, requires more skilled teachers and various curricular activities. <br />
	<br />
	<strong>Samrat Thapa, Koteswor, Kathmandu</strong><br />
	<br />
	<br />
	<br />
	<strong><br />
	MBA is not for everyone </strong><br />
	<br />
	Being an MBA student means you are being taught one right answer for one problem. It points out your attribute of who you are, offering your perspectives and experiences to your networking targets. MBA is all about collection of your skills, abilities, successes, failures, fears, dreams and hopes. Getting an MBA degree is certainly to have a horse in the race but at the end, the most important degree one need to possess is Human University. <br />
	<br />
	<strong>Ashish Dhungana, MBA student, Whitehouse College</strong><br />
	<br />
	<br />
	<br />
	<br />
	<strong>Mahakumbh: Mahamarket </strong><br />
	<br />
	It takes great ‘entrepreneur skills’ to see business prospects at a truly religious event of Mahakumbh. Obviously, it is one of the largest events where millions of people visit. And people also mean market for doing business. A religious event need not mean a market for only holy products. Therefore the Mahakumbh was also a market for products ranging from fashion accessories such as jewellery and hair accessories for women to herbal medicines and religious souvenirs. Similarly, the management of the entire event could also be a source of knowledge about management. After all managing such a large event where millions of pilgrims flock takes great management skills and mantras to make it happen successfully. <br />
	<br />
	<strong>Abhishek Karki, Godawari, Lalitpur</strong><br />
	<br />
	<br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2013-06-30',
			'modified' => '0000-00-00',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'sortorder' => '1081',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '1094',
			'article_category_id' => '50',
			'title' => 'Revisiting Nepali Consumers',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	Nepali market has growing tremendously over the last few years. This has helped create a fertile ground for high-end and branded products. This shows that high-end consumers are increasing in the market. Likewise, it is also true that people now have more options to choose from -- depending upon their purchasing capacity. However, it is also a fact that the gap between the rich and poor is also widening. This in the market scenario implies that the people around and below the poverty line are kept away from the growing market. Living in the same society, the market that is close to rich people becomes a distant land for them. It is also because the marketers target rich people at the cost of poor ones. It is more difficult for the middle class who neither can downgrade their lifestyle nor can afford an upgrade. Living with limited resources amid soaring prices, customers are always anxious about the future. For the working class, it is even more difficult as their income growth does not match the soaring inflation. Eventually beneficiaries of a growing market are sellers rather than the buyers.</p>
<p>
	<strong>- Sahara Regmi, Pokhara</strong></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, New Business Age, Opinion, June 2013',
			'description' => 'Nepali market has growing tremendously over the last few years. This has helped create a fertile ground for high-end and branded products.',
			'sortorder' => '963',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '1093',
			'article_category_id' => '50',
			'title' => 'Consumer Behaviour',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The cover story regarding consumer behaviour was really interesting. As I am working for my Masters Degree thesis on consumer behaviour, the story was really helpful for me.</p>
<p>
	<strong>- Manoj Kumar Sah, Kathmandu&nbsp;</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, June 2013, New Business Age',
			'description' => 'The cover story regarding consumer behaviour was really interesting. As I am working for my Masters Degree thesis on consumer behaviour, the story was really helpful for me.',
			'sortorder' => '962',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '1092',
			'article_category_id' => '50',
			'title' => 'Small Things Make Large Difference',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	Sometimes a simple statement or a small act leads to a series of unintended consequences. Many people fail to comprehend the fact that such unusual things may happen in our own lives. ‘Guilty Until Proven Innocent’ (May 2013) talks about those simple facts of life that &nbsp;need to be taken more seriously. We, certainly, have to respect others. Gender discrimination has been a problem in many parts of the world. Cases of violence against women are also being reported very frequently in Nepal. Heinous crimes should not be neglected and the culprits should face strict punishment. Above all, victims must get justice.&nbsp;</p>
<p>
	We must all respect one another’s individuality, freedom and privacy. This must be developed as an ethics of every individual and these things are also guaranteed by the country’s law.</p>
<p>
	<strong>- Kapil Parajuli, Bhaktapur</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, June 2013, New Business Age',
			'description' => 'Sometimes a simple statement or a small act leads to a series of unintended consequences. Many people fail to comprehend the fact that such unusual things may happen in our own lives.',
			'sortorder' => '961',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '1091',
			'article_category_id' => '50',
			'title' => 'Wider Coverage',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	I have been reading your magazine for all this year and found it to be interesting. It is always good to see that at least there is one good corporate magazine in Nepal. As readers, we are excited to know more about the buzz sectors all over Nepal. Most of the magazines are based in Kathmandu, Pokhara and Chitwan. Areas such as Biratnagar, Birgunj, Janakpur, Nepalgunj and others have a wide range of business activities. The Tarai area is the producer of bread and butter for the country. It will be interesting to see all corners of Nepal being covered rather than just the capital city.</p>
<p>
	<strong>- Rima Shrestha, Via email</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Feedback, New Business Age, June 2013',
			'description' => 'I have been reading your magazine for all this year and found it to be interesting. It is always good to see that at least there is one good corporate magazine in Nepal.',
			'sortorder' => '960',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '1090',
			'article_category_id' => '50',
			'title' => 'Guilty Until Proven Innocent!',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	I went through the Buddha’s Delight column New Biz May 2013 ‘Guilty Until Proven Innocent’’. I am happy that the writer brought up an important issue in his column. We need to do away with our tendency to blame the victim of a crime. I am glad that the writer has shed light on a pressing issue, citing examples from the Mahabharata and the Ramayana. &nbsp;</p>
<p>
	I agree with the writer that empowering women with more choices and freedom is crucial for a better society. Women really are the key to economic growth, social development and environmental sustainability. And for that, everyone in the society -- men or women -- should first change their mindsets. Like you said ‘Each one of us must redefine our thought process.’</p>
<p>
	<strong>- Pratima Sharma, Budhanilkantha</strong></p>
<p>
	 </p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, New Business Age, June 2013',
			'description' => 'I went through the Buddha’s Delight column New Biz May 2013 ‘Guilty Until Proven Innocent’’. I am happy that the writer brought up an important issue in his column.',
			'sortorder' => '959',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '1089',
			'article_category_id' => '50',
			'title' => 'Cult Brand',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I am currently studying Brand Management in Norwegian School of Economics. I came across the article titled ‘The KFC Legacy’ published in New Business Age through the Internet. Well, this might be little bit harsh, but I think this article is just history and advertisement of KFC, nothing much about the brand and its management. The writer said that the cult status earned by KFC can be credited to its logo. It’s not true. There are many other factors which contribute to gain cult status. Logo is a very small part of it. If you look at other cult brands like Apple or Harley Davidson, it is not just the about logo, it’s the culture, personality and some other factors which make them cult brands. And overall, I do not agree with you that KFC has cult status. We refer cult brands as those which have very strong community that defends the brand and often fans refuse to buy competitor brands. In the case of KFC, there is nothing like that. In developed countries, people go to KFC for tasty and cheap food and in country like ours, people go to KFC to have tasty food and to show off or impress their peers. There is nothing like people going to KFC are die-hard fans of KFC. Anyway that’s my point of view (maybe wrong) but I still wrote what I thought about. Hope to receive some answers or comments from the writer of the article.&nbsp;</p>
<p>
	<strong>- Paras Jain</strong></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Feedback, Opinion, New Business Age, June 2013',
			'description' => 'I am currently studying Brand Management in Norwegian School of Economics. I came across the article titled ‘The KFC Legacy’ published in New Business Age through the Internet. Well, this might be little bit harsh, but I think this article is just history and advertisement of KFC, nothing much about the brand and its management.',
			'sortorder' => '958',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '996',
			'article_category_id' => '50',
			'title' => 'New Year Hues',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	The rise of the middle and upper middle class and the growing income this sector of the society enjoys definitely have increased consumeriism. In the Nepali context, not only these factors have been contributing to the growing level of consumption of both FMCGs (Fast Moving Consumer Goods) and durables. The increasing remittance from migrant workers potentially goes for consumption too. Consumption is naturally the top priority for the families of the migrant workers with a humble economic background. &nbsp;However, it is important to note that these consumers are not considered to be brand conscious. Urban dwellers and, especially, the youths are the ones concerned and lured by the flashy brand names.&nbsp;</p>
<p>
	Various well known global brands have their presence in Nepal in different product categories. The festive seasons are the moments when there is an opportunity for these brands to potentially increase sales, more than in “normal days.” Consumers also want to make festivals a special occasion by shopping new goods. The New Year 2070 seems to be the perfect occasion: customers buy more and sellers try to sell more as well. To make this happen, business get involved in aggressive marketing strategies. This is an attempt to create a win-win situation for both.</p>
<p>
	<strong>Sangam Khadka, Baneshwor</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'New Year Hues, Feedback, New Business Age',
			'description' => 'The rise of the middle and upper middle class and the growing income this sector of the society enjoys definitely have increased consumeriism. In the Nepali context, not only these factors have been contributing to the growing level of consumption of both FMCGs (Fast Moving Consumer Goods) and durables.',
			'sortorder' => '872',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '995',
			'article_category_id' => '50',
			'title' => 'Extend The Value Chain',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I find New Business Age magazine loaded with relevant content. I believe that the reading habit of today’s youth is oriented towards byte sized articles. Additionally, articles could be more attractive and easier to comprehend with the use of graphics. Enlivening the contents in such a manner would be a challenge for contributory guest articles, but if the magazine could offer a way to do it and the approval from the author, the suggested improvements could be achieved. &nbsp;&nbsp;</p>
<p>
	I think that the core readers of this magazine are young executives and management students. What they really crave for is information - latest trends, developments, concepts, models… etc. I wonder, is it possible to feature an exec-summary with every issue that touches 5 to 10 important points under various categories For example, these could be latest concepts in H.R., governance, CSR, marketing, branding orleadership. Each point could be a 3-4 liner as in intro. The reader can do research by him or herself if the subject is relevant.</p>
<p>
	I believe that any educational forum or magazine (like this one) has a dual role to play: pass on domain knowledge and also imbibe certain values and attributes that make humans better. After all, the quality of a human being defines the way he or she &nbsp;operates in a value-challenged environment. Could your magazines carry a regular feature that helps the reader to understand the difference between pursuing success and excellence? Is the publication group into creating experiential platforms that bring alive the various theories propounded in these magazines? Such activities would extend the value chain and would go a long way to create domain leadership.&nbsp;</p>
<p>
	<strong>Manosh R. Sengupta, Brand-Parent, Nurturer, Mentor, brand-@itude</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'Extend The Value Chain, Feedback, New Business Age',
			'description' => 'I find New Business Age magazine loaded with relevant content. I believe that the reading habit of today’s youth is oriented towards byte sized articles. Additionally, articles could be more attractive and easier to comprehend with the use of graphics.',
			'sortorder' => '871',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '994',
			'article_category_id' => '50',
			'title' => 'Airlines Merger',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	As TR Manandhar, Director General of CAAN, said (New Business Age, April 2013) the number of airlines is higher than what the &nbsp;market can sustain. In a condition where tourism is not yet at a peak, the domestic market for aviation in Nepal is still untapped and some rural destinations can be developed that can be reached more conveniently by air than by land. &nbsp;Airlines have been facing problems in generating profits because of the high operational cost and inadequate capital base. In the current situation, as Manandhar suggests, it would be wise to merge airline companies. That would increase the fleet size, the capital base and the reach. The merger of companies &nbsp;would also help them operate by being one robust company.</p>
<p>
	<strong>Binita Sharma, Pokhara</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'Airlines Merger, Feedback, New Business Age',
			'description' => 'As TR Manandhar, Director General of CAAN, said (New Business Age, April 2013) the number of airlines is higher than what the  market can sustain.',
			'sortorder' => '870',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '960',
			'article_category_id' => '50',
			'title' => 'Media Convergence',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model. There are many opportunities emerging from media business. Media owners also need to determine the relative importance of advertising to their business. The market too seems to be complex because different consumer patterns emerge. But the reality is, new media will go along with old media behaviour offering consumers with various choices.&nbsp;</p>
<p>
	<strong>Pramila Olee, Teku, Kathmandu</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '2013-07-05',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model.',
			'sortorder' => '839',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '959',
			'article_category_id' => '50',
			'title' => 'Informative Magazine',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal.&nbsp;</p>
<p>
	<strong>Ihitashri Shandilya, Managing Director and CEO, MITHILAsmita Art &amp; Craft Pvt Ltd, INDIA</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal.',
			'sortorder' => '838',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '958',
			'article_category_id' => '50',
			'title' => 'Room To Improve',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors. Overall however, the construct, background and work in stories are solid. The team has its heart in the right place.&nbsp;</p>
<p>
	The layout can be made much brighter. Quite a few stories appear in pages with a dull gray background. If this is to differentiate the content in any way, then okay, else brighter colours would make things livelier. Overall, it contains a lot of breadth of content, and a lot of content just overall. You might want to look at having some infographics to cut the sheer river of text.</p>
<p>
	<strong>Karan Rajpal, rajpalkaran@gmail.com</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors.',
			'sortorder' => '837',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	)
)
$current_user = null
$logged_in = false
$xml = 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(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '1676',
			'article_category_id' => '50',
			'title' => 'Feedback August 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>Inclusive Growth</strong></div>
<div>
	&nbsp;</div>
<div>
	Inclusive growth came into existence when the developmental models and theories of economic development could not address people from all walks of the society. When one sector developed and prospered, the other remained undeveloped. In the race of economic development, the riches went on getting richer while the poorer went on remaining poorer. Similarly, the difference of classes was clearly visible. In the context of South Asia and especially Nepal, the diversity of ethnicity and caste system was equally diverse in terms of the prosperity and level of development. So, the model of inclusive development for Nepal should be an attempt to bring such marginalised groups of people that have been in poverty and fallen backward in the process of mainstream development, no matter to which caste or ethnic division they belong to. The aim must be the economic prosperity and increased level of human development at the same time for people living in the grassroots.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	But, where I think the Nepali politics failed to hit the right chord is, it mostly focused on devolution of state power and territory more than on equal distribution of resources and ways to attain balanced development throughout the country. We focused more on federal models based on identity politics. The identity based federal restructuring alone cannot ensure inclusive development. It more or less takes of economic development that can reach to the majority of people. Though the inclusive development tilts more towards the social development and social inclusion, it cannot be separated from the economic development.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Pratikshya Bhandari, Shantinagar, Kathmandu</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Market Presence&nbsp;</strong></p>
</div>
<div>
	I believe Mahindra and Mahindra remains far behind Sworaj and Sonalika tractors in far western and mid western Nepal. One of the reasons behind this is that tractors from Mahindra and Mahindra are priced comparatively higher. Although this brand has worked with Agni Incorporated in Nepal, I don&rsquo;t find it having aggressive and effective marketing policies compared to some of its biggest competitors.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Arjun Kshetry via website</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Home Stay&nbsp;</strong></p>
</div>
<div>
	Home stay service initiated in Buraunse, one of the remote villages of Humla district is a praiseworthy initiative to bring tourists to Humla. It would not only allow experiencing the lifestyle and culture of Humlis first hand, but also provide a source of livelihood for local people. The culture, traditions and the scenic beauty of Humla can be a perfect destination to domestic tourists, researchers and also trekkers from abroad. The home stay facility initiated by the Great Himalaya Trail there could lead to an evolution of tourism activities through replication in surrounding villages and the development of tourist friendly attitude in local people. In remote villages similar to those of Humla, people can make tourism their main source of income and create markets for local products. But the development of tourism in villages would not be possible only through local initiative. It must be backed by state policies and projects for the promotion and development of tourism activities.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Sandesh Niroula, Biratnagar&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>Merger Movement&nbsp;</strong></p>
</div>
<div>
	After much talk about the merger of banks and financial institutions, it seems conversation has shifted to the insurance business. Insurance is also another sector where companies have not reached the majority of Nepal&#39;s population. First, the general public is less aware about the benefits of subscribing to life and non life insurance policies. Second, insurance companies too are failing to penetrate the market and create awareness. Moreover, insurance subscription is related to the level of disposable income as a certain amount of monthly income is allocated for insurance premiums. Likewise, in the Nepali market, non-life insurance is still infantile. Apart from large companies, it has hardly reached the consumer level.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In an immature market for insurance products, the regulator has come up with a directive to raise paid-up capital for the companies. Therefore, it would be better to go for a merger and create a synergy effect to work effectively in the market. It would help to create a stronger company with wider reach and larger customer base. But there is not harm if companies choose to increase their capital through other means.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Bimala Nakarmi, Dhobighat, Lalitpur&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong>A complete package&nbsp;</strong></p>
</div>
<div>
	I am a regular reader of the New Business Age. I am a finance student and have keen interest in banking and financial issues. The content provided by the magazine is a complete package that benefits enthusiasts like me. I would like to thank the New Business Age team for putting a huge effort on making the magazine an &ldquo;all-economic and all-financial package&rdquo;, where all curious minds have plenty of answers and guidance to their dilemmas. Good luck, and keep it up.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	- Amit Gnawali, Butwal, via website</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<em><span style="font-size: 11px;">Mail your feedback to P O Box 14197, Kathmandu or Email to editor@newbusinessage.com&nbsp;</span></em></p>
</div>
<div>
	<em><span style="font-size: 11px;">The mail will be edited for the purpose of clarity and brevity.</span></em></div>
<div>
	<hr />
</div>
<p>
	&nbsp;</p>',
			'published' => true,
			'created' => '2013-08-22',
			'modified' => '0000-00-00',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'Inclusive growth came into existence when the developmental models and theories of economic development could not address people from all walks of the society.',
			'sortorder' => '1537',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '1444',
			'article_category_id' => '50',
			'title' => 'Feedback July 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<h2>
	Merger and Acquisition</h2>
<p>
	<span style="font-size: 12px;">The number of banks and financial institutions (BFI) Nepal has, is by no means small for the size of the economy and geography. The central bank&rsquo;s initiative to lower the number of BFIs through mergers is a a quite welcoming attempt. Mergers and acquisitions, if well executed will result into a more effective, efficient and a stronger company.&nbsp;</span></p>
<p>
	At the moment, merger is not a challenge for the financial market but the number of BFIs in the given size of geography and economy definitely is. Large number of BFIs would mean more amounts of capital accumulated in smaller chunks as fixed assets and capital of the banks that could have been invested in other productive areas. So far, we have not seen banks investing in large projects and making long term investments. This would be possible when banks with strong capital base emerge. It is highly unlikely to happen when capital is spread across more than 30 commercial banks. It is always better to have 10 large banks than having 30 small incapable ones. At the moment, number of problematic BFIs is also increasing. Merger and acquisition should ensure merger of two or more companies into one to make a single strong and capable bank. However, so far, we have not seen merger of two commercial banks.&nbsp;</p>
<p>
	It is argued that if the number of commercial banks comes down, they will be involved in carteling. The central bank should keep an eye to prevent such irregularities. But, when two commercial banks merge, one of the foremost impacts is the large capital base. This makes possible to invest in large projects and create a ground for long term investment which is missing at the moment. The development so far in the merger and acquisition is encouraging but I think it should reach the next level soon.&nbsp;</p>
<p>
	<em>- Sambida Sharma, Balkumari</em></p>
<hr />
<p>
	<strong>Summer Market Trends&nbsp;</strong></p>
<p>
	As the writer argues in &lsquo;Summer Market 2013&rsquo; (Vol. 12 Issue 8 of New Business Age), growing urbanisation and popularity of nuclear families have played their part in giving certain products a boost in the market. However, I believe that these factors are not the only contributors. I think that purchasing power plays a more important role in determining consumption pattern. Fuelled by remittances, purchasing power has been on the rise in Nepal. This has driven up consumption.&nbsp;</p>
<p>
	<em>- Bhimsen Bharati, Kapan</em></p>
<hr />
<p>
	<strong>HELVETAS Partner in Sustainable Development&nbsp;</strong></p>
<p>
	I went through the Development- Partner story about HELVETAS in June 2013 issue. The story revolves around the positive work of the organisation. What it is doing for the benefits of the Nepali people is really encouraging. However, the article failed to provide details about more of its activities. I would have loved to know more about the projects of HELVETAS in detail. For example, about their target areas and people and the extent of the benefits it has created and also the negative impacts it may have caused. It would make the story a more interesting read if views of beneficiaries too were incorporated.&nbsp;</p>
<p>
	<em>- Sushil Chhetri, Budhanilkantha</em></p>
<hr />
<p>
	<strong>Bit of Entertainment Business&nbsp;</strong></p>
<p>
	I have been reading your magazine regularly and I appreciate your efforts to create a business-literate readership. It is good to see that your media is covering different issues related to business and economy. It would also be appreciable if you also could write about entertainment business. I think that would make the magazine more fascinating to read, and will attract young readers too.&nbsp;</p>
<p>
	<em>- Santosh Dhungana, Chabahil</em></p>
<hr />
<p>
	<strong>Century of Indian Cinema&nbsp;</strong></p>
<p>
	When the Indian cinema was celebrating its centenary, it had already collected non-Indian audience base from a number of countries. The Indian cinema or the movie industry popularly known as Bollywood is one of the largest entertainment industries in terms of number of movies produced every year. Though it may have surpassed Hollywood&rsquo;s annual production, it is yet to equalise in terms of revenues collected. From the South Asian perspective, small entertainment industries like that of Nepal could learn a lot from the burgeoning industry next door. But, most of the countries in South Asia have put a ban on Indian cinemas for a long time. Even Nepal had made numerous attempts in the past to ban Hindi cinema. But in absence of quality cinemas produced locally and the access to foreign movies through the satellite televisions, Internet and pirated cheap DVDs, the attempt always remained a failed one as the viewers were never ready for the ban to be imposed. Similar was the situation in other neighbouring countries. There is a huge lack of creativity in the local cinema industry, and instead of getting inspired from the neighbouring industry- the Nepali Film industry has been limited to copying Bollywood, that too badly. There is a lot to learn from a century long experience of Indian cinema and adopt the technology and techniques of storytelling they use rather than merely copying some scenes and dialogues. The neighbouring countries can learn from Indian movie industry the techniques to find a space among global audience.&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	-<em> Prabhat Dhakal, New Baneshwor, Kathmandu</em></p>
<div>
	<div>
		<hr />
		<span style="font-size:11px;"><em>Mail your feedback to P O Box 14197, Kathmandu or Email to <a href="mailto:editor@newbusinessage.com?subject=Re%3AFeedback%20July%202013">editor@newbusinessage.com</a></em></span></div>
	<div>
		<span style="font-size:11px;"><em>The mail will be edited for the purpose of clarity and brevity.</em></span>
		<hr />
	</div>
</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-07-19',
			'modified' => '2013-07-19',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'The number of banks and financial institutions (BFI) Nepal has, is by no means small for the size of the economy and geography. The central bank’s initiative to lower the number of BFIs through mergers is a a quite welcoming attempt. Mergers and acquisitions, if well executed will result into a more effective, efficient and a stronger company.',
			'sortorder' => '1306',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '1219',
			'article_category_id' => '50',
			'title' => 'Feedback April 2013',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	<strong><br />
	Media Convergence </strong><br />
	<br />
	The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model. There are many opportunities emerging from media business. Media owners also need to determine the relative importance of advertising to their business. The market too seems to be complex because different consumer patterns emerge. But the reality is, new media will go along with old media behaviour offering consumers with various choices. <br />
	<br />
	<strong>Pramila Olee, Teku, Kathmandu </strong><br />
	<br />
	<br />
	<br />
	<strong>Informative Magazine <br />
	</strong><br />
	I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal. <br />
	<br />
	<strong>Ihitashri Shandilya, Managing Director and CEO, MITHILAsmita Art &amp; Craft Pvt Ltd, INDIA</strong><br />
	<br />
	<br />
	<br />
	<br />
	<strong>Room to Improve </strong><br />
	<br />
	The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors. Overall however, the construct, background and work in stories are solid. The team has its heart in the right place. <br />
	<br />
	The layout can be made much brighter. Quite a few stories appear in pages with a dull gray background. If this is to differentiate the content in any way, then okay, else brighter colours would make things livelier. Overall, it contains a lot of breadth of content, and a lot of content just overall. You might want to look at having some infographics to cut the sheer river of text. <br />
	<br />
	<strong>Karan Rajpal, rajpalkaran@gmail.com</strong><br />
	<br />
	<br />
	<strong><br />
	Holistic Education </strong><br />
	<br />
	Holistic education basically helps students to find identity and purpose in life by connecting to the community, nature and humanitarian value as a whole. This kind of study also helps them to face the challenges that come up in the life. Though, this education is considered to be very effective to understand human affairs, some argue that such spiritual education is not important for today’s competitive world. Thus, holistic education is mostly considered as costly, requires more skilled teachers and various curricular activities. <br />
	<br />
	<strong>Samrat Thapa, Koteswor, Kathmandu</strong><br />
	<br />
	<br />
	<br />
	<strong><br />
	MBA is not for everyone </strong><br />
	<br />
	Being an MBA student means you are being taught one right answer for one problem. It points out your attribute of who you are, offering your perspectives and experiences to your networking targets. MBA is all about collection of your skills, abilities, successes, failures, fears, dreams and hopes. Getting an MBA degree is certainly to have a horse in the race but at the end, the most important degree one need to possess is Human University. <br />
	<br />
	<strong>Ashish Dhungana, MBA student, Whitehouse College</strong><br />
	<br />
	<br />
	<br />
	<br />
	<strong>Mahakumbh: Mahamarket </strong><br />
	<br />
	It takes great ‘entrepreneur skills’ to see business prospects at a truly religious event of Mahakumbh. Obviously, it is one of the largest events where millions of people visit. And people also mean market for doing business. A religious event need not mean a market for only holy products. Therefore the Mahakumbh was also a market for products ranging from fashion accessories such as jewellery and hair accessories for women to herbal medicines and religious souvenirs. Similarly, the management of the entire event could also be a source of knowledge about management. After all managing such a large event where millions of pilgrims flock takes great management skills and mantras to make it happen successfully. <br />
	<br />
	<strong>Abhishek Karki, Godawari, Lalitpur</strong><br />
	<br />
	<br />
	<br />
	 </p>',
			'published' => true,
			'created' => '2013-06-30',
			'modified' => '0000-00-00',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'sortorder' => '1081',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '1094',
			'article_category_id' => '50',
			'title' => 'Revisiting Nepali Consumers',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	Nepali market has growing tremendously over the last few years. This has helped create a fertile ground for high-end and branded products. This shows that high-end consumers are increasing in the market. Likewise, it is also true that people now have more options to choose from -- depending upon their purchasing capacity. However, it is also a fact that the gap between the rich and poor is also widening. This in the market scenario implies that the people around and below the poverty line are kept away from the growing market. Living in the same society, the market that is close to rich people becomes a distant land for them. It is also because the marketers target rich people at the cost of poor ones. It is more difficult for the middle class who neither can downgrade their lifestyle nor can afford an upgrade. Living with limited resources amid soaring prices, customers are always anxious about the future. For the working class, it is even more difficult as their income growth does not match the soaring inflation. Eventually beneficiaries of a growing market are sellers rather than the buyers.</p>
<p>
	<strong>- Sahara Regmi, Pokhara</strong></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, New Business Age, Opinion, June 2013',
			'description' => 'Nepali market has growing tremendously over the last few years. This has helped create a fertile ground for high-end and branded products.',
			'sortorder' => '963',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '1093',
			'article_category_id' => '50',
			'title' => 'Consumer Behaviour',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The cover story regarding consumer behaviour was really interesting. As I am working for my Masters Degree thesis on consumer behaviour, the story was really helpful for me.</p>
<p>
	<strong>- Manoj Kumar Sah, Kathmandu&nbsp;</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, June 2013, New Business Age',
			'description' => 'The cover story regarding consumer behaviour was really interesting. As I am working for my Masters Degree thesis on consumer behaviour, the story was really helpful for me.',
			'sortorder' => '962',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '1092',
			'article_category_id' => '50',
			'title' => 'Small Things Make Large Difference',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	Sometimes a simple statement or a small act leads to a series of unintended consequences. Many people fail to comprehend the fact that such unusual things may happen in our own lives. ‘Guilty Until Proven Innocent’ (May 2013) talks about those simple facts of life that &nbsp;need to be taken more seriously. We, certainly, have to respect others. Gender discrimination has been a problem in many parts of the world. Cases of violence against women are also being reported very frequently in Nepal. Heinous crimes should not be neglected and the culprits should face strict punishment. Above all, victims must get justice.&nbsp;</p>
<p>
	We must all respect one another’s individuality, freedom and privacy. This must be developed as an ethics of every individual and these things are also guaranteed by the country’s law.</p>
<p>
	<strong>- Kapil Parajuli, Bhaktapur</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, June 2013, New Business Age',
			'description' => 'Sometimes a simple statement or a small act leads to a series of unintended consequences. Many people fail to comprehend the fact that such unusual things may happen in our own lives.',
			'sortorder' => '961',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '1091',
			'article_category_id' => '50',
			'title' => 'Wider Coverage',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	I have been reading your magazine for all this year and found it to be interesting. It is always good to see that at least there is one good corporate magazine in Nepal. As readers, we are excited to know more about the buzz sectors all over Nepal. Most of the magazines are based in Kathmandu, Pokhara and Chitwan. Areas such as Biratnagar, Birgunj, Janakpur, Nepalgunj and others have a wide range of business activities. The Tarai area is the producer of bread and butter for the country. It will be interesting to see all corners of Nepal being covered rather than just the capital city.</p>
<p>
	<strong>- Rima Shrestha, Via email</strong></p>
<div>
	 </div>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Feedback, New Business Age, June 2013',
			'description' => 'I have been reading your magazine for all this year and found it to be interesting. It is always good to see that at least there is one good corporate magazine in Nepal.',
			'sortorder' => '960',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '1090',
			'article_category_id' => '50',
			'title' => 'Guilty Until Proven Innocent!',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	I went through the Buddha’s Delight column New Biz May 2013 ‘Guilty Until Proven Innocent’’. I am happy that the writer brought up an important issue in his column. We need to do away with our tendency to blame the victim of a crime. I am glad that the writer has shed light on a pressing issue, citing examples from the Mahabharata and the Ramayana. &nbsp;</p>
<p>
	I agree with the writer that empowering women with more choices and freedom is crucial for a better society. Women really are the key to economic growth, social development and environmental sustainability. And for that, everyone in the society -- men or women -- should first change their mindsets. Like you said ‘Each one of us must redefine our thought process.’</p>
<p>
	<strong>- Pratima Sharma, Budhanilkantha</strong></p>
<p>
	 </p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '0000-00-00',
			'keywords' => 'Feedback, New Business Age, June 2013',
			'description' => 'I went through the Buddha’s Delight column New Biz May 2013 ‘Guilty Until Proven Innocent’’. I am happy that the writer brought up an important issue in his column.',
			'sortorder' => '959',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '1089',
			'article_category_id' => '50',
			'title' => 'Cult Brand',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I am currently studying Brand Management in Norwegian School of Economics. I came across the article titled ‘The KFC Legacy’ published in New Business Age through the Internet. Well, this might be little bit harsh, but I think this article is just history and advertisement of KFC, nothing much about the brand and its management. The writer said that the cult status earned by KFC can be credited to its logo. It’s not true. There are many other factors which contribute to gain cult status. Logo is a very small part of it. If you look at other cult brands like Apple or Harley Davidson, it is not just the about logo, it’s the culture, personality and some other factors which make them cult brands. And overall, I do not agree with you that KFC has cult status. We refer cult brands as those which have very strong community that defends the brand and often fans refuse to buy competitor brands. In the case of KFC, there is nothing like that. In developed countries, people go to KFC for tasty and cheap food and in country like ours, people go to KFC to have tasty food and to show off or impress their peers. There is nothing like people going to KFC are die-hard fans of KFC. Anyway that’s my point of view (maybe wrong) but I still wrote what I thought about. Hope to receive some answers or comments from the writer of the article.&nbsp;</p>
<p>
	<strong>- Paras Jain</strong></p>',
			'published' => true,
			'created' => '2013-06-08',
			'modified' => '2013-06-08',
			'keywords' => 'Feedback, Opinion, New Business Age, June 2013',
			'description' => 'I am currently studying Brand Management in Norwegian School of Economics. I came across the article titled ‘The KFC Legacy’ published in New Business Age through the Internet. Well, this might be little bit harsh, but I think this article is just history and advertisement of KFC, nothing much about the brand and its management.',
			'sortorder' => '958',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '996',
			'article_category_id' => '50',
			'title' => 'New Year Hues',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	The rise of the middle and upper middle class and the growing income this sector of the society enjoys definitely have increased consumeriism. In the Nepali context, not only these factors have been contributing to the growing level of consumption of both FMCGs (Fast Moving Consumer Goods) and durables. The increasing remittance from migrant workers potentially goes for consumption too. Consumption is naturally the top priority for the families of the migrant workers with a humble economic background. &nbsp;However, it is important to note that these consumers are not considered to be brand conscious. Urban dwellers and, especially, the youths are the ones concerned and lured by the flashy brand names.&nbsp;</p>
<p>
	Various well known global brands have their presence in Nepal in different product categories. The festive seasons are the moments when there is an opportunity for these brands to potentially increase sales, more than in “normal days.” Consumers also want to make festivals a special occasion by shopping new goods. The New Year 2070 seems to be the perfect occasion: customers buy more and sellers try to sell more as well. To make this happen, business get involved in aggressive marketing strategies. This is an attempt to create a win-win situation for both.</p>
<p>
	<strong>Sangam Khadka, Baneshwor</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'New Year Hues, Feedback, New Business Age',
			'description' => 'The rise of the middle and upper middle class and the growing income this sector of the society enjoys definitely have increased consumeriism. In the Nepali context, not only these factors have been contributing to the growing level of consumption of both FMCGs (Fast Moving Consumer Goods) and durables.',
			'sortorder' => '872',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '995',
			'article_category_id' => '50',
			'title' => 'Extend The Value Chain',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I find New Business Age magazine loaded with relevant content. I believe that the reading habit of today’s youth is oriented towards byte sized articles. Additionally, articles could be more attractive and easier to comprehend with the use of graphics. Enlivening the contents in such a manner would be a challenge for contributory guest articles, but if the magazine could offer a way to do it and the approval from the author, the suggested improvements could be achieved. &nbsp;&nbsp;</p>
<p>
	I think that the core readers of this magazine are young executives and management students. What they really crave for is information - latest trends, developments, concepts, models… etc. I wonder, is it possible to feature an exec-summary with every issue that touches 5 to 10 important points under various categories For example, these could be latest concepts in H.R., governance, CSR, marketing, branding orleadership. Each point could be a 3-4 liner as in intro. The reader can do research by him or herself if the subject is relevant.</p>
<p>
	I believe that any educational forum or magazine (like this one) has a dual role to play: pass on domain knowledge and also imbibe certain values and attributes that make humans better. After all, the quality of a human being defines the way he or she &nbsp;operates in a value-challenged environment. Could your magazines carry a regular feature that helps the reader to understand the difference between pursuing success and excellence? Is the publication group into creating experiential platforms that bring alive the various theories propounded in these magazines? Such activities would extend the value chain and would go a long way to create domain leadership.&nbsp;</p>
<p>
	<strong>Manosh R. Sengupta, Brand-Parent, Nurturer, Mentor, brand-@itude</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'Extend The Value Chain, Feedback, New Business Age',
			'description' => 'I find New Business Age magazine loaded with relevant content. I believe that the reading habit of today’s youth is oriented towards byte sized articles. Additionally, articles could be more attractive and easier to comprehend with the use of graphics.',
			'sortorder' => '871',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '994',
			'article_category_id' => '50',
			'title' => 'Airlines Merger',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	As TR Manandhar, Director General of CAAN, said (New Business Age, April 2013) the number of airlines is higher than what the &nbsp;market can sustain. In a condition where tourism is not yet at a peak, the domestic market for aviation in Nepal is still untapped and some rural destinations can be developed that can be reached more conveniently by air than by land. &nbsp;Airlines have been facing problems in generating profits because of the high operational cost and inadequate capital base. In the current situation, as Manandhar suggests, it would be wise to merge airline companies. That would increase the fleet size, the capital base and the reach. The merger of companies &nbsp;would also help them operate by being one robust company.</p>
<p>
	<strong>Binita Sharma, Pokhara</strong></p>',
			'published' => true,
			'created' => '2013-05-22',
			'modified' => '0000-00-00',
			'keywords' => 'Airlines Merger, Feedback, New Business Age',
			'description' => 'As TR Manandhar, Director General of CAAN, said (New Business Age, April 2013) the number of airlines is higher than what the  market can sustain.',
			'sortorder' => '870',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '960',
			'article_category_id' => '50',
			'title' => 'Media Convergence',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model. There are many opportunities emerging from media business. Media owners also need to determine the relative importance of advertising to their business. The market too seems to be complex because different consumer patterns emerge. But the reality is, new media will go along with old media behaviour offering consumers with various choices.&nbsp;</p>
<p>
	<strong>Pramila Olee, Teku, Kathmandu</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '2013-07-05',
			'keywords' => 'new business age  feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal,  current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events,  ongoing  feedback news of nepal',
			'description' => 'The new sources of complexity and uncertainty are seen in the new media. It is seen that the media industry is being pessimistic about the changes in media and its impact on the media business and model.',
			'sortorder' => '839',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '959',
			'article_category_id' => '50',
			'title' => 'Informative Magazine',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal.&nbsp;</p>
<p>
	<strong>Ihitashri Shandilya, Managing Director and CEO, MITHILAsmita Art &amp; Craft Pvt Ltd, INDIA</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'I think New Business Age should be one of its kind business magazines in Nepal. Articles are so informative and bring this small nation in sync with the rest of the world. I always thought Nepal is one of the most neglected parts of the world. Happy for my distant Maithil relatives in Nepal.',
			'sortorder' => '838',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '958',
			'article_category_id' => '50',
			'title' => 'Room To Improve',
			'sub_title' => '',
			'summary' => null,
			'content' => '<p>
	 </p>
<p>
	The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors. Overall however, the construct, background and work in stories are solid. The team has its heart in the right place.&nbsp;</p>
<p>
	The layout can be made much brighter. Quite a few stories appear in pages with a dull gray background. If this is to differentiate the content in any way, then okay, else brighter colours would make things livelier. Overall, it contains a lot of breadth of content, and a lot of content just overall. You might want to look at having some infographics to cut the sheer river of text.</p>
<p>
	<strong>Karan Rajpal, rajpalkaran@gmail.com</strong></p>',
			'published' => true,
			'created' => '2013-04-20',
			'modified' => '0000-00-00',
			'keywords' => '',
			'description' => 'The Look of the New Business Age magazines is very good. What a roundup of advertisers! However the copy editing needs tightening. Copy in some stories seems translated from local news, or written by a person who’s thinking in another language and contains some base errors.',
			'sortorder' => '837',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

file not found!

Latest

173 People Die in Disaster Incidents since June 10

Crusher Federation Urges PM Oli for Industry Renewal

Prime Minister Calls for Enhancing 'Hello Sarkar' Service

Bardiya National Park Sees Increase in Tourist Arrivals

Experts, Manpower Agencies at Odds Over Draft of Labour Migration Policy

Lower Seti Hydropower Project Acquires o500 Ropanis of Land

Government Proposes Formation of New Authority to Regulate Cooperatives

Sugar Prices Surge ahead of Festive Season amid Govt’s Failure to Import Sugar

BFIN to Host Conference in Kathmandu on Wednesday

Price of Gold Reaches All-Time High in Nepal

FOREX

Currency	Unit	Buy	Sell
U.S. Dollar	1	121.23	121.83
European Euro	1	131.65	132.31
UK Pound Sterling	1	142.47	143.18
Swiss Franc	1	124.29	124.90
Australian Dollar	1	71.69	72.05
Canadian Dollar	1	83.90	84.32
Japanese Yen	10	10.94	11.00
Chinese Yuan	1	17.17	17.26
Saudi Arabian Riyal	1	32.27	32.43
UAE Dirham	1	33.01	33.17
Malaysian Ringgit	1	27.36	27.50
South Korean Won	100	9.77	9.82

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Bullion

Fine Gold	1 tola	77000.00
Tejabi Gold	1 tola	76700.00
Silver	1 tola	720.00

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00