September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu.…
September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu.…
September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from…
September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are…
September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for…
September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals.…
September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower…
September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance.…
September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and…
Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year.…
September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside…
September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year…
September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to…
September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks.…
September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon…
September 8: Raw material worth millions of rupees rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai.…
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The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu. ', 'content' => '<p>September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu. </p> <p>According to company, Creta offers a combination of power and style with its robust body structure, superior engine performance and confident ride and handling. Based on Hyundai Motor’s evolved ‘Fluidic Sculpture 2.0 design philosophy’, Creta demonstrates all the essential attributes of dynamism, comfort, safety and style. The stylish SUV comes with three variants — 1.6L dual VTVT petrol engine, 1.4L U2 CRDi and 1.6L U2VGT CRDi diesel engine. All the engines are mated to six-speed manual transmission while the 1.6L diesel engine is also mated to first-in-class six-speed automatic transmission.</p> <p>“Creta is a revolutionary product and we are confident that the new SUV will strengthen Hyundai’s position in Nepal and will lead a new in the SUV segment fulfilling customers aspiration of owning a perfect SUV,” said Ganesh Bahadur Shrestha, chairman of Laxmi Group.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2713', 'image' => '20150911041153_Creta-2.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 1 => array( 'Article' => array( 'id' => '2871', 'article_category_id' => '91', 'title' => 'Kailash Bank opens branch in Bhandara', 'sub_title' => '', 'summary' => 'September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from today.', 'content' => '<p>September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from today. Chief Executive Officer of the bank Krishna Raj Lamichhane informed that the bank will soon start its next branch in Palungtar of Gorkha. </p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2712', 'image' => '20150911041352_kailash.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 2 => array( 'Article' => array( 'id' => '2870', 'article_category_id' => '91', 'title' => 'Cement factories shut due to strike in Terai', 'sub_title' => '', 'summary' => 'September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are located.', 'content' => '<p>September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are located.</p> <p>“The closure of cement factories has hampered post-earthquake reconstruction and discouraged investors,” says Dhurba Thapa, president of Nepal Cement Manufacturers Association. “Re-construction work has also been stopped,” he adds.</p> <p> “As soon as Terai gets stable, we hope that the demand for cement, as well as its production will increase,” says Thapa.</p> <p>There are 45 cement industries in Nepal but only 3-4 are in operation, he added. Cement factories in Nepal have the capacity to produce 600,000 tonnes of cement per year. But the market demand is only 400,000-450,000 tonnes, according to association.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2711', 'image' => '20150911020249_cemeny.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 3 => array( 'Article' => array( 'id' => '2878', 'article_category_id' => '91', 'title' => 'Binod Chaudhary urges investors to invest in Nepal', 'sub_title' => '', 'summary' => 'September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for investors.', 'content' => '<p>September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for investors. Speaking at the the G-1 Global conference, organised by Global Universities, Japan, on the topic ‘Rising economies of Asia’, Chaudhary said Nepal was one of the most attractive investment destinations in the region.</p> <p>Chaudhary said Nepal, Bangladesh, Pakistan, Sri Lanka and Vietnam were the rising economies with new investment opportunities. He said that increasing population, rise of youth with new perspectives, cheap labour and new corporate tax system were the key attractions of the region. </p> <p><strong>Pun elected LP Industry Association </strong><br /> The 20th annual general meeting and 7th general convention of Nepal LPG Gas Industry Association has again elected Shiva Prashad Ghimire as president. It has also elected 15 members to the working committee. The elected members are: Hari Prashad Pathak, Ram Chandra Sanghai, Kush Prashad Malli, Gokul Bhandari, Diwan Chanda, Krishna Bhakta Shrestha, Manoj Kumar Das, Shankar Shrestha, Aditya Parajuli, Navin Rijal, Raj kumar Sindhi, Dharma Raj Barteula, Narendra Kumar Shrestha and Syash Budathoki.</p> ', 'published' => true, 'created' => '2015-09-14', 'modified' => '2015-09-14', 'keywords' => '', 'description' => '', 'sortorder' => '2710', 'image' => '20150914030433_Clipboard02.jpg', 'article_date' => '2015-09-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 4 => array( 'Article' => array( 'id' => '2869', 'article_category_id' => '91', 'title' => 'FNCCI requests private medical colleges to call off protest ', 'sub_title' => '', 'summary' => 'September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals. ', 'content' => '<p>September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals. </p> <p>This comes as members of association have expressed dissatisfaction over the report submitted by the Mathema commission on medical education. Medical colleges and hospitals are there for the public, and if they close, it will send a negative message about the investment climate in Nepal, said the FNCCI. It has said that all stakeholders need to be consulted before any decision is made.</p> <p>The federation has requested the government to address the demands of the hospitals before they are compelled to go for protests. FNCCI has also demanded that the government provide an environment conducive for medical colleges to provide quality education to domestic and foreign students.</p> <p>FNCCI has said all problems should be resolved through dialogue. It has requested the association of private medical colleges to call of its all protests and sit for talks.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2709', 'image' => '20150911013503_Clipboard01.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 5 => array( 'Article' => array( 'id' => '2868', 'article_category_id' => '91', 'title' => 'Chakekhola Hydro to issue IPO in November', 'sub_title' => '', 'summary' => 'September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower project.', 'content' => '<p>September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower project. </p> <p>The project, which is to be built in Chuhure, Ramechhap will have an installed capacity of 83 thousand megawatts, and according to estimates, it will cost Rs 479 million.</p> <p>"We will issue the IPO in the first few weeks of Mangsir," said the company's Managing Director Arun Kumar Subedi. According to the company, of the 522 thousand shares on offer, 174 thousand shares have been set aside for locals (residents of Ramechhap District, and Dolakha's Jiri municipality and Shyama VDC). The rest will be available for the general public, according to the company.</p> <p>The company has designated NIDL Capital Market as its issue manager. </p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2708', 'image' => '20150911112817_hydro.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 6 => array( 'Article' => array( 'id' => '2859', 'article_category_id' => '91', 'title' => 'Non-life companies to start cashless health insurance soon', 'sub_title' => '', 'summary' => 'September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance. ', 'content' => '<p>September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance. </p> <p>After the new system is launched, when a policyholder goes to a hospital for treatment, the policyholder will not have to pay fees. The system has already been adopted by various countries around the world, including India. The potential for such a scheme in Nepal is immense, and that is the reason insurance companies are attracted towards it, company managers say.</p> <p>A total of 17 non-life insurance companies are in operation in Nepal; they provide fire, aviation and housing insurance, among others. The companies have now started showing interest in health insurance.</p> <p>Birendra Baidawar Chettri, CEO of Siddhartha Insurance, says insurance companies are interested in cashless health insurance as many people are deprived of proper medical care because they do not have cash when required.</p> <p>Insurance companies that are going to launch the new cashless system say that it would be different from the existing health insurance schemes as it will give more facilities to policyholders.</p> <p><strong>Which companies are launching the scheme?</strong><br /> Siddhartha Insurance has said it will roll out a scheme in a few days. The company has already signed deals with 15 hospitals, including Norvic, Grande, Alka, Blue Cross and B&B. Siddhartha’s CEO Chhetri says the company will soon sign similar deals with several medical colleges.</p> <p>National Insurance Company is also planning to launch a similar scheme in the near future. The company has said the scheme will soon be available for employees off corporate companies. Implementing the scheme would not be easy for the company, but it is in the interest of the public, says CEO Dr Pronab Sen. He says National Insurance has signed an agreement with Grande Hospital to implement the scheme.</p> <p><strong>How will it work?</strong><br /> The new scheme will be different from the health insurance that is available in the market right now. Under the existing provisions, a policy holder gets reimbursed for his medical expense after the policy holder produces a bill. But when the new system is implemented, the policy holder can use a card issued by the insurance company to settle the bills.</p> ', 'published' => true, 'created' => '2015-09-09', 'modified' => '2015-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '2700', 'image' => '20150909114300_16161362110_4b846303be_o.jpg', 'article_date' => '2015-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 7 => array( 'Article' => array( 'id' => '2860', 'article_category_id' => '91', 'title' => 'Furnex Nepal 2015 after Tihar', 'sub_title' => '', 'summary' => 'September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and Chhat.', 'content' => '<p>September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and Chhat. Previously the expo was scheduled to be held from October 1-4, but due to the ongoing strike in the Terai, the organizers have postponed the event.</p> ', 'published' => true, 'created' => '2015-09-09', 'modified' => '2015-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '2699', 'image' => null, 'article_date' => '2015-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 8 => array( 'Article' => array( 'id' => '2856', 'article_category_id' => '91', 'title' => ' Nada Auto Show 2015 from September 15', 'sub_title' => '', 'summary' => 'Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year. ', 'content' => '<p>Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year. The event, which is going to be held at Bhrikuti Mandap Exhibition Hall, Kathmandu, has been organised jointly by Nepal Automobiles Dealers’ Association (Nada) and Global Exposition & Management Services Pvt. Ltd.</p> <p>A total of 65 exhibitors, both local and international, are showcasing their products and services. A total of 14 brands of four-wheelers, 15 brands of two-wheelers and five brands of heavy commercial will be exhibited during the six days event. </p> <p>The exhibition will also have stalls of financial institutions, new technological developments, auto safety technology, spare parts, lubricants, tyre, generator, garage equipment, batteries and other accessories. Nepal-made automotive products will also be seen in the exhibition.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2696', 'image' => null, 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 9 => array( 'Article' => array( 'id' => '2853', 'article_category_id' => '91', 'title' => 'Casinos should not be allowed inside hotels, says parliamentary committee', 'sub_title' => '', 'summary' => 'September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside hotels.', 'content' => '<p>September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside hotels.</p> <p>The committee, in a report, said casinos should be given operating licenses by giving them a designated area to operate in.</p> <p>The report, prepared by a sub-committee headed by lawmaker Min Bahadur Biswokarma, said although the casinos have their down sides, they are needed for the promotion of tourism. “We need to make regulation, control and management of casinos effective,” said Biswokarma.</p> <p>The report suggests that casinos should be allowed to operate from a ‘casino village’ that would be at least 5 km away from the city.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2694', 'image' => '20150908114307_31.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 10 => array( 'Article' => array( 'id' => '2852', 'article_category_id' => '91', 'title' => 'In FY 2014/15, govt collected Rs 14 billion revenue from passports', 'sub_title' => '', 'summary' => 'September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year 2014/15.', 'content' => '<p>September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year 2014/15.</p> <p>According to the department, it issued 1.3 million passports in the period, 452,155 of which were issued from the department itself, 542,409 form 75 districts and 342,274 from various foreign missions.</p> <p>The department has the capacity to issue 5,000 passports per day, and it is getting around 4,000 applications every day on an average. </p> <p>The number of handwritten passports issued by the government is unknown, but the department has assumed it to be around 2.5 million. Till date, the department has exchanged 1.7 million handwritten passports for MRPs. Form November 2015, one cannot travel with handwritten passports. <br /> The department has issued 3.4 million MRPs since December 26, 2010.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2693', 'image' => '20150908111245_pp.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 11 => array( 'Article' => array( 'id' => '2851', 'article_category_id' => '91', 'title' => 'Singaporean motivational speaker David Lim coming to Nepal', 'sub_title' => '', 'summary' => 'September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to Nepal.', 'content' => '<p>September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to Nepal.</p> <p>Lim will come to Nepal in the last week of September, and will be addressing a programme organised by National Banking Institute (NBI) on September 23.</p> <p>David Lim is a Singaporean mountaineer and motivational speaker who led the first Singapore Mount Everest Expedition in 1998. Between 1994 and 1998, he led and organised a team from the flat tropical island nation to the top of Everest. Sustaining an injury on the summit push, he did not make the summit himself though two other team members succeeded in making the top on May 25, 1998.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2692', 'image' => '20150908104017_David lim.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 12 => array( 'Article' => array( 'id' => '2855', 'article_category_id' => '91', 'title' => 'Resolve issues through talks, not strikes, says FNCCI ', 'sub_title' => '', 'summary' => 'September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks. ', 'content' => '<p>September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks. </p> <p>The call comes as members of the private sector’s requests to not to resort to strikes goes unheeded. FNCCI says it has come to a conclusion that strikes not only restrict the rights the public, but also force industries to shut down. As a result, the private sector is losing billions of rupees, and this ultimately has a negative effect on the prosperity of the country.</p> <p>“We oppose all types of strikes,” said FNCCI in a statement. It has demanded that the government respect the contribution of private sector in the national economy and ensure the safety of businesspersons and industrialists. </p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2691', 'image' => '20150908125925_20090917175419!Fncci.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 13 => array( 'Article' => array( 'id' => '2850', 'article_category_id' => '91', 'title' => 'Aviation industry trend: Int’l airlines contracting, local ones expanding', 'sub_title' => '', 'summary' => 'September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon change.', 'content' => '<p>September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon change.</p> <p>According to the Civil Aviation Authority of Nepal (CAAN), the number of international airlines that connect Nepal to the rest of the world has declined. According to official figures, 29 international airlines were flying to and from Nepal, but the number fell to 25 in 2014. However, in the meantime, the number of local airline companies has grown to 17.</p> <p>However, the decline in the number of airliners serving Nepal does not mean that the number of people using their services has gone down. In fact, more people are making international flights. According to government figures, in 2014, international airlines flying to and from Nepal served 3.5 million people in 2014. This figure is 0.37 million more than that of the previous year.</p> <p>Meanwhile, the number of local airline companies is growing, but the number of passengers using their services has shown a declining trend. In 2011, 1.5 million people travelled with a local airline, but the volume contracted to 1.4 million in 2014.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2690', 'image' => '20150908102745_TIA.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 14 => array( 'Article' => array( 'id' => '2849', 'article_category_id' => '91', 'title' => 'Cost of bandhs: Raw material worth millions rot in Raxaul', 'sub_title' => '', 'summary' => 'September 8: Raw material worth millions of rupees rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai. ', 'content' => '<p>September 8: Raw material worth millions of rupees have been rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai.</p> <p>The materials which were being imported to Nepal through the Indian Railway network have been left out in the open due to lack of space in the the railway’s warehouse in Raxaul. The materials are all wet due to the monsoon rains, said Ashok Kumar Baidya, former president of Birgunj Federation of Chambers of Commerce and Industry. </p> <p>Some of the materials such as clinker, cement, food items and salt are wet and have become unusable. More than a dozen cement factories in Nepal import their essential raw materials from India, through Raxaul and Birgunj. Baidya said that on the one hand the materials are becoming unusable, and on the other hand the railway is imposing hefty fines.</p> <p>Sushil Sharma, spokesperson for Birgunj customs, said that on normal days, the office would pass around 40 trucks of clinkers, but now the number has gone down significantly.</p> <p>Industrialist Rajesh Kyal said more than 60 percent of the clinker has become unusable, and the quality of the rest has been degraded.<br /> Pradeep Kumar Kedia, president of Birgunj Federation of Chambers of Commerce and Industry, said that due to a shortage of raw materials, manufacturing units on the Bara-Parsa corridor have been shut down. He estimated that the due to the bandh industries in the Bara-Parsa corridor alone are incurring losses of Rs 500 million every day.</p> <p>Although the local administration has escorted vehicles from the border areas, the number of vehicles coming into Nepal from Raxaul has fallen dramatically. While on a normal day, around 800 vehicles would make the crossing, in the last seven days only 1400 vehicles have come to Nepal from Raxaul.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2689', 'image' => '20150908095307_Clipboard01.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2872', 'article_category_id' => '91', 'title' => 'Hyundai’s new SUV Creta launched in Nepal', 'sub_title' => '', 'summary' => 'September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu. ', 'content' => '<p>September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu. </p> <p>According to company, Creta offers a combination of power and style with its robust body structure, superior engine performance and confident ride and handling. Based on Hyundai Motor’s evolved ‘Fluidic Sculpture 2.0 design philosophy’, Creta demonstrates all the essential attributes of dynamism, comfort, safety and style. The stylish SUV comes with three variants — 1.6L dual VTVT petrol engine, 1.4L U2 CRDi and 1.6L U2VGT CRDi diesel engine. All the engines are mated to six-speed manual transmission while the 1.6L diesel engine is also mated to first-in-class six-speed automatic transmission.</p> <p>“Creta is a revolutionary product and we are confident that the new SUV will strengthen Hyundai’s position in Nepal and will lead a new in the SUV segment fulfilling customers aspiration of owning a perfect SUV,” said Ganesh Bahadur Shrestha, chairman of Laxmi Group.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2713', 'image' => '20150911041153_Creta-2.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 1 => array( 'Article' => array( 'id' => '2871', 'article_category_id' => '91', 'title' => 'Kailash Bank opens branch in Bhandara', 'sub_title' => '', 'summary' => 'September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from today.', 'content' => '<p>September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from today. Chief Executive Officer of the bank Krishna Raj Lamichhane informed that the bank will soon start its next branch in Palungtar of Gorkha. </p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2712', 'image' => '20150911041352_kailash.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 2 => array( 'Article' => array( 'id' => '2870', 'article_category_id' => '91', 'title' => 'Cement factories shut due to strike in Terai', 'sub_title' => '', 'summary' => 'September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are located.', 'content' => '<p>September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are located.</p> <p>“The closure of cement factories has hampered post-earthquake reconstruction and discouraged investors,” says Dhurba Thapa, president of Nepal Cement Manufacturers Association. “Re-construction work has also been stopped,” he adds.</p> <p> “As soon as Terai gets stable, we hope that the demand for cement, as well as its production will increase,” says Thapa.</p> <p>There are 45 cement industries in Nepal but only 3-4 are in operation, he added. Cement factories in Nepal have the capacity to produce 600,000 tonnes of cement per year. But the market demand is only 400,000-450,000 tonnes, according to association.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2711', 'image' => '20150911020249_cemeny.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 3 => array( 'Article' => array( 'id' => '2878', 'article_category_id' => '91', 'title' => 'Binod Chaudhary urges investors to invest in Nepal', 'sub_title' => '', 'summary' => 'September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for investors.', 'content' => '<p>September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for investors. Speaking at the the G-1 Global conference, organised by Global Universities, Japan, on the topic ‘Rising economies of Asia’, Chaudhary said Nepal was one of the most attractive investment destinations in the region.</p> <p>Chaudhary said Nepal, Bangladesh, Pakistan, Sri Lanka and Vietnam were the rising economies with new investment opportunities. He said that increasing population, rise of youth with new perspectives, cheap labour and new corporate tax system were the key attractions of the region. </p> <p><strong>Pun elected LP Industry Association </strong><br /> The 20th annual general meeting and 7th general convention of Nepal LPG Gas Industry Association has again elected Shiva Prashad Ghimire as president. It has also elected 15 members to the working committee. The elected members are: Hari Prashad Pathak, Ram Chandra Sanghai, Kush Prashad Malli, Gokul Bhandari, Diwan Chanda, Krishna Bhakta Shrestha, Manoj Kumar Das, Shankar Shrestha, Aditya Parajuli, Navin Rijal, Raj kumar Sindhi, Dharma Raj Barteula, Narendra Kumar Shrestha and Syash Budathoki.</p> ', 'published' => true, 'created' => '2015-09-14', 'modified' => '2015-09-14', 'keywords' => '', 'description' => '', 'sortorder' => '2710', 'image' => '20150914030433_Clipboard02.jpg', 'article_date' => '2015-09-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 4 => array( 'Article' => array( 'id' => '2869', 'article_category_id' => '91', 'title' => 'FNCCI requests private medical colleges to call off protest ', 'sub_title' => '', 'summary' => 'September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals. ', 'content' => '<p>September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals. </p> <p>This comes as members of association have expressed dissatisfaction over the report submitted by the Mathema commission on medical education. Medical colleges and hospitals are there for the public, and if they close, it will send a negative message about the investment climate in Nepal, said the FNCCI. It has said that all stakeholders need to be consulted before any decision is made.</p> <p>The federation has requested the government to address the demands of the hospitals before they are compelled to go for protests. FNCCI has also demanded that the government provide an environment conducive for medical colleges to provide quality education to domestic and foreign students.</p> <p>FNCCI has said all problems should be resolved through dialogue. It has requested the association of private medical colleges to call of its all protests and sit for talks.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2709', 'image' => '20150911013503_Clipboard01.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 5 => array( 'Article' => array( 'id' => '2868', 'article_category_id' => '91', 'title' => 'Chakekhola Hydro to issue IPO in November', 'sub_title' => '', 'summary' => 'September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower project.', 'content' => '<p>September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower project. </p> <p>The project, which is to be built in Chuhure, Ramechhap will have an installed capacity of 83 thousand megawatts, and according to estimates, it will cost Rs 479 million.</p> <p>"We will issue the IPO in the first few weeks of Mangsir," said the company's Managing Director Arun Kumar Subedi. According to the company, of the 522 thousand shares on offer, 174 thousand shares have been set aside for locals (residents of Ramechhap District, and Dolakha's Jiri municipality and Shyama VDC). The rest will be available for the general public, according to the company.</p> <p>The company has designated NIDL Capital Market as its issue manager. </p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2708', 'image' => '20150911112817_hydro.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 6 => array( 'Article' => array( 'id' => '2859', 'article_category_id' => '91', 'title' => 'Non-life companies to start cashless health insurance soon', 'sub_title' => '', 'summary' => 'September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance. ', 'content' => '<p>September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance. </p> <p>After the new system is launched, when a policyholder goes to a hospital for treatment, the policyholder will not have to pay fees. The system has already been adopted by various countries around the world, including India. The potential for such a scheme in Nepal is immense, and that is the reason insurance companies are attracted towards it, company managers say.</p> <p>A total of 17 non-life insurance companies are in operation in Nepal; they provide fire, aviation and housing insurance, among others. The companies have now started showing interest in health insurance.</p> <p>Birendra Baidawar Chettri, CEO of Siddhartha Insurance, says insurance companies are interested in cashless health insurance as many people are deprived of proper medical care because they do not have cash when required.</p> <p>Insurance companies that are going to launch the new cashless system say that it would be different from the existing health insurance schemes as it will give more facilities to policyholders.</p> <p><strong>Which companies are launching the scheme?</strong><br /> Siddhartha Insurance has said it will roll out a scheme in a few days. The company has already signed deals with 15 hospitals, including Norvic, Grande, Alka, Blue Cross and B&B. Siddhartha’s CEO Chhetri says the company will soon sign similar deals with several medical colleges.</p> <p>National Insurance Company is also planning to launch a similar scheme in the near future. The company has said the scheme will soon be available for employees off corporate companies. Implementing the scheme would not be easy for the company, but it is in the interest of the public, says CEO Dr Pronab Sen. He says National Insurance has signed an agreement with Grande Hospital to implement the scheme.</p> <p><strong>How will it work?</strong><br /> The new scheme will be different from the health insurance that is available in the market right now. Under the existing provisions, a policy holder gets reimbursed for his medical expense after the policy holder produces a bill. But when the new system is implemented, the policy holder can use a card issued by the insurance company to settle the bills.</p> ', 'published' => true, 'created' => '2015-09-09', 'modified' => '2015-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '2700', 'image' => '20150909114300_16161362110_4b846303be_o.jpg', 'article_date' => '2015-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 7 => array( 'Article' => array( 'id' => '2860', 'article_category_id' => '91', 'title' => 'Furnex Nepal 2015 after Tihar', 'sub_title' => '', 'summary' => 'September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and Chhat.', 'content' => '<p>September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and Chhat. Previously the expo was scheduled to be held from October 1-4, but due to the ongoing strike in the Terai, the organizers have postponed the event.</p> ', 'published' => true, 'created' => '2015-09-09', 'modified' => '2015-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '2699', 'image' => null, 'article_date' => '2015-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 8 => array( 'Article' => array( 'id' => '2856', 'article_category_id' => '91', 'title' => ' Nada Auto Show 2015 from September 15', 'sub_title' => '', 'summary' => 'Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year. ', 'content' => '<p>Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year. The event, which is going to be held at Bhrikuti Mandap Exhibition Hall, Kathmandu, has been organised jointly by Nepal Automobiles Dealers’ Association (Nada) and Global Exposition & Management Services Pvt. Ltd.</p> <p>A total of 65 exhibitors, both local and international, are showcasing their products and services. A total of 14 brands of four-wheelers, 15 brands of two-wheelers and five brands of heavy commercial will be exhibited during the six days event. </p> <p>The exhibition will also have stalls of financial institutions, new technological developments, auto safety technology, spare parts, lubricants, tyre, generator, garage equipment, batteries and other accessories. Nepal-made automotive products will also be seen in the exhibition.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2696', 'image' => null, 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 9 => array( 'Article' => array( 'id' => '2853', 'article_category_id' => '91', 'title' => 'Casinos should not be allowed inside hotels, says parliamentary committee', 'sub_title' => '', 'summary' => 'September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside hotels.', 'content' => '<p>September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside hotels.</p> <p>The committee, in a report, said casinos should be given operating licenses by giving them a designated area to operate in.</p> <p>The report, prepared by a sub-committee headed by lawmaker Min Bahadur Biswokarma, said although the casinos have their down sides, they are needed for the promotion of tourism. “We need to make regulation, control and management of casinos effective,” said Biswokarma.</p> <p>The report suggests that casinos should be allowed to operate from a ‘casino village’ that would be at least 5 km away from the city.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2694', 'image' => '20150908114307_31.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 10 => array( 'Article' => array( 'id' => '2852', 'article_category_id' => '91', 'title' => 'In FY 2014/15, govt collected Rs 14 billion revenue from passports', 'sub_title' => '', 'summary' => 'September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year 2014/15.', 'content' => '<p>September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year 2014/15.</p> <p>According to the department, it issued 1.3 million passports in the period, 452,155 of which were issued from the department itself, 542,409 form 75 districts and 342,274 from various foreign missions.</p> <p>The department has the capacity to issue 5,000 passports per day, and it is getting around 4,000 applications every day on an average. </p> <p>The number of handwritten passports issued by the government is unknown, but the department has assumed it to be around 2.5 million. Till date, the department has exchanged 1.7 million handwritten passports for MRPs. Form November 2015, one cannot travel with handwritten passports. <br /> The department has issued 3.4 million MRPs since December 26, 2010.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2693', 'image' => '20150908111245_pp.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 11 => array( 'Article' => array( 'id' => '2851', 'article_category_id' => '91', 'title' => 'Singaporean motivational speaker David Lim coming to Nepal', 'sub_title' => '', 'summary' => 'September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to Nepal.', 'content' => '<p>September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to Nepal.</p> <p>Lim will come to Nepal in the last week of September, and will be addressing a programme organised by National Banking Institute (NBI) on September 23.</p> <p>David Lim is a Singaporean mountaineer and motivational speaker who led the first Singapore Mount Everest Expedition in 1998. Between 1994 and 1998, he led and organised a team from the flat tropical island nation to the top of Everest. Sustaining an injury on the summit push, he did not make the summit himself though two other team members succeeded in making the top on May 25, 1998.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2692', 'image' => '20150908104017_David lim.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 12 => array( 'Article' => array( 'id' => '2855', 'article_category_id' => '91', 'title' => 'Resolve issues through talks, not strikes, says FNCCI ', 'sub_title' => '', 'summary' => 'September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks. ', 'content' => '<p>September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks. </p> <p>The call comes as members of the private sector’s requests to not to resort to strikes goes unheeded. FNCCI says it has come to a conclusion that strikes not only restrict the rights the public, but also force industries to shut down. As a result, the private sector is losing billions of rupees, and this ultimately has a negative effect on the prosperity of the country.</p> <p>“We oppose all types of strikes,” said FNCCI in a statement. It has demanded that the government respect the contribution of private sector in the national economy and ensure the safety of businesspersons and industrialists. </p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2691', 'image' => '20150908125925_20090917175419!Fncci.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 13 => array( 'Article' => array( 'id' => '2850', 'article_category_id' => '91', 'title' => 'Aviation industry trend: Int’l airlines contracting, local ones expanding', 'sub_title' => '', 'summary' => 'September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon change.', 'content' => '<p>September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon change.</p> <p>According to the Civil Aviation Authority of Nepal (CAAN), the number of international airlines that connect Nepal to the rest of the world has declined. According to official figures, 29 international airlines were flying to and from Nepal, but the number fell to 25 in 2014. However, in the meantime, the number of local airline companies has grown to 17.</p> <p>However, the decline in the number of airliners serving Nepal does not mean that the number of people using their services has gone down. In fact, more people are making international flights. According to government figures, in 2014, international airlines flying to and from Nepal served 3.5 million people in 2014. This figure is 0.37 million more than that of the previous year.</p> <p>Meanwhile, the number of local airline companies is growing, but the number of passengers using their services has shown a declining trend. In 2011, 1.5 million people travelled with a local airline, but the volume contracted to 1.4 million in 2014.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2690', 'image' => '20150908102745_TIA.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 14 => array( 'Article' => array( 'id' => '2849', 'article_category_id' => '91', 'title' => 'Cost of bandhs: Raw material worth millions rot in Raxaul', 'sub_title' => '', 'summary' => 'September 8: Raw material worth millions of rupees rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai. ', 'content' => '<p>September 8: Raw material worth millions of rupees have been rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai.</p> <p>The materials which were being imported to Nepal through the Indian Railway network have been left out in the open due to lack of space in the the railway’s warehouse in Raxaul. The materials are all wet due to the monsoon rains, said Ashok Kumar Baidya, former president of Birgunj Federation of Chambers of Commerce and Industry. </p> <p>Some of the materials such as clinker, cement, food items and salt are wet and have become unusable. More than a dozen cement factories in Nepal import their essential raw materials from India, through Raxaul and Birgunj. Baidya said that on the one hand the materials are becoming unusable, and on the other hand the railway is imposing hefty fines.</p> <p>Sushil Sharma, spokesperson for Birgunj customs, said that on normal days, the office would pass around 40 trucks of clinkers, but now the number has gone down significantly.</p> <p>Industrialist Rajesh Kyal said more than 60 percent of the clinker has become unusable, and the quality of the rest has been degraded.<br /> Pradeep Kumar Kedia, president of Birgunj Federation of Chambers of Commerce and Industry, said that due to a shortage of raw materials, manufacturing units on the Bara-Parsa corridor have been shut down. He estimated that the due to the bandh industries in the Bara-Parsa corridor alone are incurring losses of Rs 500 million every day.</p> <p>Although the local administration has escorted vehicles from the border areas, the number of vehicles coming into Nepal from Raxaul has fallen dramatically. While on a normal day, around 800 vehicles would make the crossing, in the last seven days only 1400 vehicles have come to Nepal from Raxaul.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2689', 'image' => '20150908095307_Clipboard01.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2872', 'article_category_id' => '91', 'title' => 'Hyundai’s new SUV Creta launched in Nepal', 'sub_title' => '', 'summary' => 'September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu. ', 'content' => '<p>September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu. </p> <p>According to company, Creta offers a combination of power and style with its robust body structure, superior engine performance and confident ride and handling. Based on Hyundai Motor’s evolved ‘Fluidic Sculpture 2.0 design philosophy’, Creta demonstrates all the essential attributes of dynamism, comfort, safety and style. The stylish SUV comes with three variants — 1.6L dual VTVT petrol engine, 1.4L U2 CRDi and 1.6L U2VGT CRDi diesel engine. All the engines are mated to six-speed manual transmission while the 1.6L diesel engine is also mated to first-in-class six-speed automatic transmission.</p> <p>“Creta is a revolutionary product and we are confident that the new SUV will strengthen Hyundai’s position in Nepal and will lead a new in the SUV segment fulfilling customers aspiration of owning a perfect SUV,” said Ganesh Bahadur Shrestha, chairman of Laxmi Group.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2713', 'image' => '20150911041153_Creta-2.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 1 => array( 'Article' => array( 'id' => '2871', 'article_category_id' => '91', 'title' => 'Kailash Bank opens branch in Bhandara', 'sub_title' => '', 'summary' => 'September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from today.', 'content' => '<p>September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from today. Chief Executive Officer of the bank Krishna Raj Lamichhane informed that the bank will soon start its next branch in Palungtar of Gorkha. </p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2712', 'image' => '20150911041352_kailash.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 2 => array( 'Article' => array( 'id' => '2870', 'article_category_id' => '91', 'title' => 'Cement factories shut due to strike in Terai', 'sub_title' => '', 'summary' => 'September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are located.', 'content' => '<p>September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are located.</p> <p>“The closure of cement factories has hampered post-earthquake reconstruction and discouraged investors,” says Dhurba Thapa, president of Nepal Cement Manufacturers Association. “Re-construction work has also been stopped,” he adds.</p> <p> “As soon as Terai gets stable, we hope that the demand for cement, as well as its production will increase,” says Thapa.</p> <p>There are 45 cement industries in Nepal but only 3-4 are in operation, he added. Cement factories in Nepal have the capacity to produce 600,000 tonnes of cement per year. But the market demand is only 400,000-450,000 tonnes, according to association.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2711', 'image' => '20150911020249_cemeny.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 3 => array( 'Article' => array( 'id' => '2878', 'article_category_id' => '91', 'title' => 'Binod Chaudhary urges investors to invest in Nepal', 'sub_title' => '', 'summary' => 'September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for investors.', 'content' => '<p>September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for investors. Speaking at the the G-1 Global conference, organised by Global Universities, Japan, on the topic ‘Rising economies of Asia’, Chaudhary said Nepal was one of the most attractive investment destinations in the region.</p> <p>Chaudhary said Nepal, Bangladesh, Pakistan, Sri Lanka and Vietnam were the rising economies with new investment opportunities. He said that increasing population, rise of youth with new perspectives, cheap labour and new corporate tax system were the key attractions of the region. </p> <p><strong>Pun elected LP Industry Association </strong><br /> The 20th annual general meeting and 7th general convention of Nepal LPG Gas Industry Association has again elected Shiva Prashad Ghimire as president. It has also elected 15 members to the working committee. The elected members are: Hari Prashad Pathak, Ram Chandra Sanghai, Kush Prashad Malli, Gokul Bhandari, Diwan Chanda, Krishna Bhakta Shrestha, Manoj Kumar Das, Shankar Shrestha, Aditya Parajuli, Navin Rijal, Raj kumar Sindhi, Dharma Raj Barteula, Narendra Kumar Shrestha and Syash Budathoki.</p> ', 'published' => true, 'created' => '2015-09-14', 'modified' => '2015-09-14', 'keywords' => '', 'description' => '', 'sortorder' => '2710', 'image' => '20150914030433_Clipboard02.jpg', 'article_date' => '2015-09-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 4 => array( 'Article' => array( 'id' => '2869', 'article_category_id' => '91', 'title' => 'FNCCI requests private medical colleges to call off protest ', 'sub_title' => '', 'summary' => 'September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals. ', 'content' => '<p>September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals. </p> <p>This comes as members of association have expressed dissatisfaction over the report submitted by the Mathema commission on medical education. Medical colleges and hospitals are there for the public, and if they close, it will send a negative message about the investment climate in Nepal, said the FNCCI. It has said that all stakeholders need to be consulted before any decision is made.</p> <p>The federation has requested the government to address the demands of the hospitals before they are compelled to go for protests. FNCCI has also demanded that the government provide an environment conducive for medical colleges to provide quality education to domestic and foreign students.</p> <p>FNCCI has said all problems should be resolved through dialogue. It has requested the association of private medical colleges to call of its all protests and sit for talks.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2709', 'image' => '20150911013503_Clipboard01.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 5 => array( 'Article' => array( 'id' => '2868', 'article_category_id' => '91', 'title' => 'Chakekhola Hydro to issue IPO in November', 'sub_title' => '', 'summary' => 'September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower project.', 'content' => '<p>September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower project. </p> <p>The project, which is to be built in Chuhure, Ramechhap will have an installed capacity of 83 thousand megawatts, and according to estimates, it will cost Rs 479 million.</p> <p>"We will issue the IPO in the first few weeks of Mangsir," said the company's Managing Director Arun Kumar Subedi. According to the company, of the 522 thousand shares on offer, 174 thousand shares have been set aside for locals (residents of Ramechhap District, and Dolakha's Jiri municipality and Shyama VDC). The rest will be available for the general public, according to the company.</p> <p>The company has designated NIDL Capital Market as its issue manager. </p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2708', 'image' => '20150911112817_hydro.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 6 => array( 'Article' => array( 'id' => '2859', 'article_category_id' => '91', 'title' => 'Non-life companies to start cashless health insurance soon', 'sub_title' => '', 'summary' => 'September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance. ', 'content' => '<p>September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance. </p> <p>After the new system is launched, when a policyholder goes to a hospital for treatment, the policyholder will not have to pay fees. The system has already been adopted by various countries around the world, including India. The potential for such a scheme in Nepal is immense, and that is the reason insurance companies are attracted towards it, company managers say.</p> <p>A total of 17 non-life insurance companies are in operation in Nepal; they provide fire, aviation and housing insurance, among others. The companies have now started showing interest in health insurance.</p> <p>Birendra Baidawar Chettri, CEO of Siddhartha Insurance, says insurance companies are interested in cashless health insurance as many people are deprived of proper medical care because they do not have cash when required.</p> <p>Insurance companies that are going to launch the new cashless system say that it would be different from the existing health insurance schemes as it will give more facilities to policyholders.</p> <p><strong>Which companies are launching the scheme?</strong><br /> Siddhartha Insurance has said it will roll out a scheme in a few days. The company has already signed deals with 15 hospitals, including Norvic, Grande, Alka, Blue Cross and B&B. Siddhartha’s CEO Chhetri says the company will soon sign similar deals with several medical colleges.</p> <p>National Insurance Company is also planning to launch a similar scheme in the near future. The company has said the scheme will soon be available for employees off corporate companies. Implementing the scheme would not be easy for the company, but it is in the interest of the public, says CEO Dr Pronab Sen. He says National Insurance has signed an agreement with Grande Hospital to implement the scheme.</p> <p><strong>How will it work?</strong><br /> The new scheme will be different from the health insurance that is available in the market right now. Under the existing provisions, a policy holder gets reimbursed for his medical expense after the policy holder produces a bill. But when the new system is implemented, the policy holder can use a card issued by the insurance company to settle the bills.</p> ', 'published' => true, 'created' => '2015-09-09', 'modified' => '2015-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '2700', 'image' => '20150909114300_16161362110_4b846303be_o.jpg', 'article_date' => '2015-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 7 => array( 'Article' => array( 'id' => '2860', 'article_category_id' => '91', 'title' => 'Furnex Nepal 2015 after Tihar', 'sub_title' => '', 'summary' => 'September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and Chhat.', 'content' => '<p>September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and Chhat. Previously the expo was scheduled to be held from October 1-4, but due to the ongoing strike in the Terai, the organizers have postponed the event.</p> ', 'published' => true, 'created' => '2015-09-09', 'modified' => '2015-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '2699', 'image' => null, 'article_date' => '2015-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 8 => array( 'Article' => array( 'id' => '2856', 'article_category_id' => '91', 'title' => ' Nada Auto Show 2015 from September 15', 'sub_title' => '', 'summary' => 'Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year. ', 'content' => '<p>Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year. The event, which is going to be held at Bhrikuti Mandap Exhibition Hall, Kathmandu, has been organised jointly by Nepal Automobiles Dealers’ Association (Nada) and Global Exposition & Management Services Pvt. Ltd.</p> <p>A total of 65 exhibitors, both local and international, are showcasing their products and services. A total of 14 brands of four-wheelers, 15 brands of two-wheelers and five brands of heavy commercial will be exhibited during the six days event. </p> <p>The exhibition will also have stalls of financial institutions, new technological developments, auto safety technology, spare parts, lubricants, tyre, generator, garage equipment, batteries and other accessories. Nepal-made automotive products will also be seen in the exhibition.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2696', 'image' => null, 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 9 => array( 'Article' => array( 'id' => '2853', 'article_category_id' => '91', 'title' => 'Casinos should not be allowed inside hotels, says parliamentary committee', 'sub_title' => '', 'summary' => 'September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside hotels.', 'content' => '<p>September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside hotels.</p> <p>The committee, in a report, said casinos should be given operating licenses by giving them a designated area to operate in.</p> <p>The report, prepared by a sub-committee headed by lawmaker Min Bahadur Biswokarma, said although the casinos have their down sides, they are needed for the promotion of tourism. “We need to make regulation, control and management of casinos effective,” said Biswokarma.</p> <p>The report suggests that casinos should be allowed to operate from a ‘casino village’ that would be at least 5 km away from the city.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2694', 'image' => '20150908114307_31.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 10 => array( 'Article' => array( 'id' => '2852', 'article_category_id' => '91', 'title' => 'In FY 2014/15, govt collected Rs 14 billion revenue from passports', 'sub_title' => '', 'summary' => 'September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year 2014/15.', 'content' => '<p>September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year 2014/15.</p> <p>According to the department, it issued 1.3 million passports in the period, 452,155 of which were issued from the department itself, 542,409 form 75 districts and 342,274 from various foreign missions.</p> <p>The department has the capacity to issue 5,000 passports per day, and it is getting around 4,000 applications every day on an average. </p> <p>The number of handwritten passports issued by the government is unknown, but the department has assumed it to be around 2.5 million. Till date, the department has exchanged 1.7 million handwritten passports for MRPs. Form November 2015, one cannot travel with handwritten passports. <br /> The department has issued 3.4 million MRPs since December 26, 2010.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2693', 'image' => '20150908111245_pp.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 11 => array( 'Article' => array( 'id' => '2851', 'article_category_id' => '91', 'title' => 'Singaporean motivational speaker David Lim coming to Nepal', 'sub_title' => '', 'summary' => 'September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to Nepal.', 'content' => '<p>September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to Nepal.</p> <p>Lim will come to Nepal in the last week of September, and will be addressing a programme organised by National Banking Institute (NBI) on September 23.</p> <p>David Lim is a Singaporean mountaineer and motivational speaker who led the first Singapore Mount Everest Expedition in 1998. Between 1994 and 1998, he led and organised a team from the flat tropical island nation to the top of Everest. Sustaining an injury on the summit push, he did not make the summit himself though two other team members succeeded in making the top on May 25, 1998.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2692', 'image' => '20150908104017_David lim.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 12 => array( 'Article' => array( 'id' => '2855', 'article_category_id' => '91', 'title' => 'Resolve issues through talks, not strikes, says FNCCI ', 'sub_title' => '', 'summary' => 'September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks. ', 'content' => '<p>September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks. </p> <p>The call comes as members of the private sector’s requests to not to resort to strikes goes unheeded. FNCCI says it has come to a conclusion that strikes not only restrict the rights the public, but also force industries to shut down. As a result, the private sector is losing billions of rupees, and this ultimately has a negative effect on the prosperity of the country.</p> <p>“We oppose all types of strikes,” said FNCCI in a statement. It has demanded that the government respect the contribution of private sector in the national economy and ensure the safety of businesspersons and industrialists. </p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2691', 'image' => '20150908125925_20090917175419!Fncci.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 13 => array( 'Article' => array( 'id' => '2850', 'article_category_id' => '91', 'title' => 'Aviation industry trend: Int’l airlines contracting, local ones expanding', 'sub_title' => '', 'summary' => 'September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon change.', 'content' => '<p>September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon change.</p> <p>According to the Civil Aviation Authority of Nepal (CAAN), the number of international airlines that connect Nepal to the rest of the world has declined. According to official figures, 29 international airlines were flying to and from Nepal, but the number fell to 25 in 2014. However, in the meantime, the number of local airline companies has grown to 17.</p> <p>However, the decline in the number of airliners serving Nepal does not mean that the number of people using their services has gone down. In fact, more people are making international flights. According to government figures, in 2014, international airlines flying to and from Nepal served 3.5 million people in 2014. This figure is 0.37 million more than that of the previous year.</p> <p>Meanwhile, the number of local airline companies is growing, but the number of passengers using their services has shown a declining trend. In 2011, 1.5 million people travelled with a local airline, but the volume contracted to 1.4 million in 2014.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2690', 'image' => '20150908102745_TIA.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 14 => array( 'Article' => array( 'id' => '2849', 'article_category_id' => '91', 'title' => 'Cost of bandhs: Raw material worth millions rot in Raxaul', 'sub_title' => '', 'summary' => 'September 8: Raw material worth millions of rupees rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai. ', 'content' => '<p>September 8: Raw material worth millions of rupees have been rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai.</p> <p>The materials which were being imported to Nepal through the Indian Railway network have been left out in the open due to lack of space in the the railway’s warehouse in Raxaul. The materials are all wet due to the monsoon rains, said Ashok Kumar Baidya, former president of Birgunj Federation of Chambers of Commerce and Industry. </p> <p>Some of the materials such as clinker, cement, food items and salt are wet and have become unusable. More than a dozen cement factories in Nepal import their essential raw materials from India, through Raxaul and Birgunj. Baidya said that on the one hand the materials are becoming unusable, and on the other hand the railway is imposing hefty fines.</p> <p>Sushil Sharma, spokesperson for Birgunj customs, said that on normal days, the office would pass around 40 trucks of clinkers, but now the number has gone down significantly.</p> <p>Industrialist Rajesh Kyal said more than 60 percent of the clinker has become unusable, and the quality of the rest has been degraded.<br /> Pradeep Kumar Kedia, president of Birgunj Federation of Chambers of Commerce and Industry, said that due to a shortage of raw materials, manufacturing units on the Bara-Parsa corridor have been shut down. He estimated that the due to the bandh industries in the Bara-Parsa corridor alone are incurring losses of Rs 500 million every day.</p> <p>Although the local administration has escorted vehicles from the border areas, the number of vehicles coming into Nepal from Raxaul has fallen dramatically. While on a normal day, around 800 vehicles would make the crossing, in the last seven days only 1400 vehicles have come to Nepal from Raxaul.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2689', 'image' => '20150908095307_Clipboard01.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2872', 'article_category_id' => '91', 'title' => 'Hyundai’s new SUV Creta launched in Nepal', 'sub_title' => '', 'summary' => 'September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu. ', 'content' => '<p>September 10: Laxmi Intercontinental, the authorised distributor of Hyundai, has launched Hyundai’s premium sports utility vehicle, Creta, in Nepal. The SUV was unveiled amid a function at Hotel Soaltee Crowne Plaza in Kathmandu. </p> <p>According to company, Creta offers a combination of power and style with its robust body structure, superior engine performance and confident ride and handling. Based on Hyundai Motor’s evolved ‘Fluidic Sculpture 2.0 design philosophy’, Creta demonstrates all the essential attributes of dynamism, comfort, safety and style. The stylish SUV comes with three variants — 1.6L dual VTVT petrol engine, 1.4L U2 CRDi and 1.6L U2VGT CRDi diesel engine. All the engines are mated to six-speed manual transmission while the 1.6L diesel engine is also mated to first-in-class six-speed automatic transmission.</p> <p>“Creta is a revolutionary product and we are confident that the new SUV will strengthen Hyundai’s position in Nepal and will lead a new in the SUV segment fulfilling customers aspiration of owning a perfect SUV,” said Ganesh Bahadur Shrestha, chairman of Laxmi Group.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2713', 'image' => '20150911041153_Creta-2.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 1 => array( 'Article' => array( 'id' => '2871', 'article_category_id' => '91', 'title' => 'Kailash Bank opens branch in Bhandara', 'sub_title' => '', 'summary' => 'September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from today.', 'content' => '<p>September 11: Kailash Development Bank has opened a branch in Bhandara, Chitwan. The bank’s 25th branch started its operation from today. Chief Executive Officer of the bank Krishna Raj Lamichhane informed that the bank will soon start its next branch in Palungtar of Gorkha. </p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2712', 'image' => '20150911041352_kailash.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 2 => array( 'Article' => array( 'id' => '2870', 'article_category_id' => '91', 'title' => 'Cement factories shut due to strike in Terai', 'sub_title' => '', 'summary' => 'September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are located.', 'content' => '<p>September 11: Almost all cement factories in Nepal have remained shut for over a month due to the strike in the Terai, where majority of cement factories are located.</p> <p>“The closure of cement factories has hampered post-earthquake reconstruction and discouraged investors,” says Dhurba Thapa, president of Nepal Cement Manufacturers Association. “Re-construction work has also been stopped,” he adds.</p> <p> “As soon as Terai gets stable, we hope that the demand for cement, as well as its production will increase,” says Thapa.</p> <p>There are 45 cement industries in Nepal but only 3-4 are in operation, he added. Cement factories in Nepal have the capacity to produce 600,000 tonnes of cement per year. But the market demand is only 400,000-450,000 tonnes, according to association.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2711', 'image' => '20150911020249_cemeny.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 3 => array( 'Article' => array( 'id' => '2878', 'article_category_id' => '91', 'title' => 'Binod Chaudhary urges investors to invest in Nepal', 'sub_title' => '', 'summary' => 'September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for investors.', 'content' => '<p>September 14: President of Chaudhary Group, Binod Chaudhary has urged international investors to invest in Nepal. Giving the example of few multinational corporations like Unilever, Standard Chartered and Dabur, Chaudhary said there was immense potential in Nepal for investors. Speaking at the the G-1 Global conference, organised by Global Universities, Japan, on the topic ‘Rising economies of Asia’, Chaudhary said Nepal was one of the most attractive investment destinations in the region.</p> <p>Chaudhary said Nepal, Bangladesh, Pakistan, Sri Lanka and Vietnam were the rising economies with new investment opportunities. He said that increasing population, rise of youth with new perspectives, cheap labour and new corporate tax system were the key attractions of the region. </p> <p><strong>Pun elected LP Industry Association </strong><br /> The 20th annual general meeting and 7th general convention of Nepal LPG Gas Industry Association has again elected Shiva Prashad Ghimire as president. It has also elected 15 members to the working committee. The elected members are: Hari Prashad Pathak, Ram Chandra Sanghai, Kush Prashad Malli, Gokul Bhandari, Diwan Chanda, Krishna Bhakta Shrestha, Manoj Kumar Das, Shankar Shrestha, Aditya Parajuli, Navin Rijal, Raj kumar Sindhi, Dharma Raj Barteula, Narendra Kumar Shrestha and Syash Budathoki.</p> ', 'published' => true, 'created' => '2015-09-14', 'modified' => '2015-09-14', 'keywords' => '', 'description' => '', 'sortorder' => '2710', 'image' => '20150914030433_Clipboard02.jpg', 'article_date' => '2015-09-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 4 => array( 'Article' => array( 'id' => '2869', 'article_category_id' => '91', 'title' => 'FNCCI requests private medical colleges to call off protest ', 'sub_title' => '', 'summary' => 'September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals. ', 'content' => '<p>September 11: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed concern over planned protests by the Association of Private Medical and Dental College of Nepal, and urged members not to resort to closure of hospitals. </p> <p>This comes as members of association have expressed dissatisfaction over the report submitted by the Mathema commission on medical education. Medical colleges and hospitals are there for the public, and if they close, it will send a negative message about the investment climate in Nepal, said the FNCCI. It has said that all stakeholders need to be consulted before any decision is made.</p> <p>The federation has requested the government to address the demands of the hospitals before they are compelled to go for protests. FNCCI has also demanded that the government provide an environment conducive for medical colleges to provide quality education to domestic and foreign students.</p> <p>FNCCI has said all problems should be resolved through dialogue. It has requested the association of private medical colleges to call of its all protests and sit for talks.</p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2709', 'image' => '20150911013503_Clipboard01.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 5 => array( 'Article' => array( 'id' => '2868', 'article_category_id' => '91', 'title' => 'Chakekhola Hydro to issue IPO in November', 'sub_title' => '', 'summary' => 'September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower project.', 'content' => '<p>September 11: Garjyang Upatyaka Hydropower has announced that it will make an initial public offering of 522 thousand shares of its Chakekhola Hydropower project. </p> <p>The project, which is to be built in Chuhure, Ramechhap will have an installed capacity of 83 thousand megawatts, and according to estimates, it will cost Rs 479 million.</p> <p>"We will issue the IPO in the first few weeks of Mangsir," said the company's Managing Director Arun Kumar Subedi. According to the company, of the 522 thousand shares on offer, 174 thousand shares have been set aside for locals (residents of Ramechhap District, and Dolakha's Jiri municipality and Shyama VDC). The rest will be available for the general public, according to the company.</p> <p>The company has designated NIDL Capital Market as its issue manager. </p> ', 'published' => true, 'created' => '2015-09-11', 'modified' => '2015-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '2708', 'image' => '20150911112817_hydro.jpg', 'article_date' => '2015-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 6 => array( 'Article' => array( 'id' => '2859', 'article_category_id' => '91', 'title' => 'Non-life companies to start cashless health insurance soon', 'sub_title' => '', 'summary' => 'September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance. ', 'content' => '<p>September 9: Non-life insurance companies in Nepal are soon going to launch cashless health insurance. </p> <p>After the new system is launched, when a policyholder goes to a hospital for treatment, the policyholder will not have to pay fees. The system has already been adopted by various countries around the world, including India. The potential for such a scheme in Nepal is immense, and that is the reason insurance companies are attracted towards it, company managers say.</p> <p>A total of 17 non-life insurance companies are in operation in Nepal; they provide fire, aviation and housing insurance, among others. The companies have now started showing interest in health insurance.</p> <p>Birendra Baidawar Chettri, CEO of Siddhartha Insurance, says insurance companies are interested in cashless health insurance as many people are deprived of proper medical care because they do not have cash when required.</p> <p>Insurance companies that are going to launch the new cashless system say that it would be different from the existing health insurance schemes as it will give more facilities to policyholders.</p> <p><strong>Which companies are launching the scheme?</strong><br /> Siddhartha Insurance has said it will roll out a scheme in a few days. The company has already signed deals with 15 hospitals, including Norvic, Grande, Alka, Blue Cross and B&B. Siddhartha’s CEO Chhetri says the company will soon sign similar deals with several medical colleges.</p> <p>National Insurance Company is also planning to launch a similar scheme in the near future. The company has said the scheme will soon be available for employees off corporate companies. Implementing the scheme would not be easy for the company, but it is in the interest of the public, says CEO Dr Pronab Sen. He says National Insurance has signed an agreement with Grande Hospital to implement the scheme.</p> <p><strong>How will it work?</strong><br /> The new scheme will be different from the health insurance that is available in the market right now. Under the existing provisions, a policy holder gets reimbursed for his medical expense after the policy holder produces a bill. But when the new system is implemented, the policy holder can use a card issued by the insurance company to settle the bills.</p> ', 'published' => true, 'created' => '2015-09-09', 'modified' => '2015-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '2700', 'image' => '20150909114300_16161362110_4b846303be_o.jpg', 'article_date' => '2015-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 7 => array( 'Article' => array( 'id' => '2860', 'article_category_id' => '91', 'title' => 'Furnex Nepal 2015 after Tihar', 'sub_title' => '', 'summary' => 'September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and Chhat.', 'content' => '<p>September 9: Nepal Furniture and Furnishing Association has said it will organise Furnex Nepal 2015 at Bhrikutimandap, after Tihar and Chhat. Previously the expo was scheduled to be held from October 1-4, but due to the ongoing strike in the Terai, the organizers have postponed the event.</p> ', 'published' => true, 'created' => '2015-09-09', 'modified' => '2015-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '2699', 'image' => null, 'article_date' => '2015-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 8 => array( 'Article' => array( 'id' => '2856', 'article_category_id' => '91', 'title' => ' Nada Auto Show 2015 from September 15', 'sub_title' => '', 'summary' => 'Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year. ', 'content' => '<p>Nepal's mega event on automobile, spare-parts and accessories, SERVO presents NADA Auto Show 2015 is scheduled for September 15-20 this year. The event, which is going to be held at Bhrikuti Mandap Exhibition Hall, Kathmandu, has been organised jointly by Nepal Automobiles Dealers’ Association (Nada) and Global Exposition & Management Services Pvt. Ltd.</p> <p>A total of 65 exhibitors, both local and international, are showcasing their products and services. A total of 14 brands of four-wheelers, 15 brands of two-wheelers and five brands of heavy commercial will be exhibited during the six days event. </p> <p>The exhibition will also have stalls of financial institutions, new technological developments, auto safety technology, spare parts, lubricants, tyre, generator, garage equipment, batteries and other accessories. Nepal-made automotive products will also be seen in the exhibition.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2696', 'image' => null, 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 9 => array( 'Article' => array( 'id' => '2853', 'article_category_id' => '91', 'title' => 'Casinos should not be allowed inside hotels, says parliamentary committee', 'sub_title' => '', 'summary' => 'September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside hotels.', 'content' => '<p>September 8: The parliamentary committee on International Relations and Labour has recommended that casinos should not be allowed to operate inside hotels.</p> <p>The committee, in a report, said casinos should be given operating licenses by giving them a designated area to operate in.</p> <p>The report, prepared by a sub-committee headed by lawmaker Min Bahadur Biswokarma, said although the casinos have their down sides, they are needed for the promotion of tourism. “We need to make regulation, control and management of casinos effective,” said Biswokarma.</p> <p>The report suggests that casinos should be allowed to operate from a ‘casino village’ that would be at least 5 km away from the city.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2694', 'image' => '20150908114307_31.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 10 => array( 'Article' => array( 'id' => '2852', 'article_category_id' => '91', 'title' => 'In FY 2014/15, govt collected Rs 14 billion revenue from passports', 'sub_title' => '', 'summary' => 'September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year 2014/15.', 'content' => '<p>September 7: The Department of Passport, Ministry of Foreign Affairs, collected Rs 4.48 billion in revenue from fees for passports in the Fiscal Year 2014/15.</p> <p>According to the department, it issued 1.3 million passports in the period, 452,155 of which were issued from the department itself, 542,409 form 75 districts and 342,274 from various foreign missions.</p> <p>The department has the capacity to issue 5,000 passports per day, and it is getting around 4,000 applications every day on an average. </p> <p>The number of handwritten passports issued by the government is unknown, but the department has assumed it to be around 2.5 million. Till date, the department has exchanged 1.7 million handwritten passports for MRPs. Form November 2015, one cannot travel with handwritten passports. <br /> The department has issued 3.4 million MRPs since December 26, 2010.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2693', 'image' => '20150908111245_pp.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 11 => array( 'Article' => array( 'id' => '2851', 'article_category_id' => '91', 'title' => 'Singaporean motivational speaker David Lim coming to Nepal', 'sub_title' => '', 'summary' => 'September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to Nepal.', 'content' => '<p>September 8: Internationally acclaimed orator and motivational speaker David Lim is coming to Nepal.</p> <p>Lim will come to Nepal in the last week of September, and will be addressing a programme organised by National Banking Institute (NBI) on September 23.</p> <p>David Lim is a Singaporean mountaineer and motivational speaker who led the first Singapore Mount Everest Expedition in 1998. Between 1994 and 1998, he led and organised a team from the flat tropical island nation to the top of Everest. Sustaining an injury on the summit push, he did not make the summit himself though two other team members succeeded in making the top on May 25, 1998.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2692', 'image' => '20150908104017_David lim.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 12 => array( 'Article' => array( 'id' => '2855', 'article_category_id' => '91', 'title' => 'Resolve issues through talks, not strikes, says FNCCI ', 'sub_title' => '', 'summary' => 'September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks. ', 'content' => '<p>September 7: Federation of Nepales Chambers of Commerce and Industry has requested one and all to seek solution to strikes and related problems through talks. </p> <p>The call comes as members of the private sector’s requests to not to resort to strikes goes unheeded. FNCCI says it has come to a conclusion that strikes not only restrict the rights the public, but also force industries to shut down. As a result, the private sector is losing billions of rupees, and this ultimately has a negative effect on the prosperity of the country.</p> <p>“We oppose all types of strikes,” said FNCCI in a statement. It has demanded that the government respect the contribution of private sector in the national economy and ensure the safety of businesspersons and industrialists. </p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2691', 'image' => '20150908125925_20090917175419!Fncci.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 13 => array( 'Article' => array( 'id' => '2850', 'article_category_id' => '91', 'title' => 'Aviation industry trend: Int’l airlines contracting, local ones expanding', 'sub_title' => '', 'summary' => 'September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon change.', 'content' => '<p>September 8: The aviation business in Nepal, especially in the case of international flights, has been dominated by international airliners. But all that may soon change.</p> <p>According to the Civil Aviation Authority of Nepal (CAAN), the number of international airlines that connect Nepal to the rest of the world has declined. According to official figures, 29 international airlines were flying to and from Nepal, but the number fell to 25 in 2014. However, in the meantime, the number of local airline companies has grown to 17.</p> <p>However, the decline in the number of airliners serving Nepal does not mean that the number of people using their services has gone down. In fact, more people are making international flights. According to government figures, in 2014, international airlines flying to and from Nepal served 3.5 million people in 2014. This figure is 0.37 million more than that of the previous year.</p> <p>Meanwhile, the number of local airline companies is growing, but the number of passengers using their services has shown a declining trend. In 2011, 1.5 million people travelled with a local airline, but the volume contracted to 1.4 million in 2014.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2690', 'image' => '20150908102745_TIA.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 14 => array( 'Article' => array( 'id' => '2849', 'article_category_id' => '91', 'title' => 'Cost of bandhs: Raw material worth millions rot in Raxaul', 'sub_title' => '', 'summary' => 'September 8: Raw material worth millions of rupees rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai. ', 'content' => '<p>September 8: Raw material worth millions of rupees have been rotting in the Indian border town of Raxaul due to the ongoing bandh in the Terai.</p> <p>The materials which were being imported to Nepal through the Indian Railway network have been left out in the open due to lack of space in the the railway’s warehouse in Raxaul. The materials are all wet due to the monsoon rains, said Ashok Kumar Baidya, former president of Birgunj Federation of Chambers of Commerce and Industry. </p> <p>Some of the materials such as clinker, cement, food items and salt are wet and have become unusable. More than a dozen cement factories in Nepal import their essential raw materials from India, through Raxaul and Birgunj. Baidya said that on the one hand the materials are becoming unusable, and on the other hand the railway is imposing hefty fines.</p> <p>Sushil Sharma, spokesperson for Birgunj customs, said that on normal days, the office would pass around 40 trucks of clinkers, but now the number has gone down significantly.</p> <p>Industrialist Rajesh Kyal said more than 60 percent of the clinker has become unusable, and the quality of the rest has been degraded.<br /> Pradeep Kumar Kedia, president of Birgunj Federation of Chambers of Commerce and Industry, said that due to a shortage of raw materials, manufacturing units on the Bara-Parsa corridor have been shut down. He estimated that the due to the bandh industries in the Bara-Parsa corridor alone are incurring losses of Rs 500 million every day.</p> <p>Although the local administration has escorted vehicles from the border areas, the number of vehicles coming into Nepal from Raxaul has fallen dramatically. While on a normal day, around 800 vehicles would make the crossing, in the last seven days only 1400 vehicles have come to Nepal from Raxaul.</p> ', 'published' => true, 'created' => '2015-09-08', 'modified' => '2015-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '2689', 'image' => '20150908095307_Clipboard01.jpg', 'article_date' => '2015-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
