
March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to…
March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to…
March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed…
March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen…
March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company,…
March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company.…
March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement.…
March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the…
March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units.…
March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the…
March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration…
March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point…
March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air…
March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking…
March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank.…
March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar.…
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$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' => '5604', 'article_category_id' => '1', 'title' => 'Three More Years to Complete Garment Processing Zone', 'sub_title' => '', 'summary' => 'March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to complete.', 'content' => '<p style="text-align: justify;">March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to complete.</p> <p style="text-align: justify;"> The establishment of GPZ in Simara expected to complete in two years as stated in the current fiscal year is being delayed by two years than the stipulated time. The expected cost of the project declared to be completed within two years was Rs. 2.2 billion.</p> <p style="text-align: justify;">Expected to complete the construction work within 2017/18, the project could not get completed on time due to sluggish pace of work of the government. Constructed in 135 bighas of land at Simara Special Economic Zone (SEZ), the infrastructure construction of the project is assumed to cost Rs 2.20 billion. The budget was approved by the Ministry of Finance (MoF) only two months ago.</p> <p style="text-align: justify;">The government has already released Rs 500 million for the infrastructure construction of GPZ in the current fiscal year. MoF agreed to provide the necessary amount in the context of the amount being insufficient to finish the project on time.</p> <p style="text-align: justify;">According to the project, the work of GPZ will be moved ahead in different four packages. According to Arjun Pandey, Project Chief and Engineer of SEZ Development Committee, they are preparing for calling a tender in four packages to finish the project within three years from now.</p> <p style="text-align: justify;">Stating that preparation for different tenders for four packages is being made, Pandey informed that the tender for the first package will be invited within April 13. </p> <p style="text-align: justify;">Estimated to cost Rs one billion, the first package will finish the works including road, land development, drainage construction and drinking water, whereas in the second package, electricity, sewerage purification center will be constructed with an estimated expenditure of Rs 570 million.</p> <p style="text-align: justify;">Similarly, the third package includes construction of different buildings for which Rs 350 million has been estimated, whereas construction of helipad, health club, guest house fall under fourth package and Rs 290 is estimated for its construction.</p> <p style="text-align: justify;">Pandey informed that the tender process for the remaining two packages will also be moved ahead within the current fiscal year ending in mid-July. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5389', 'image' => '20170330055044_26d01cc.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5603', 'article_category_id' => '1', 'title' => 'NRB Fixed Deposit: Moral Pressure to Banks Regarding Interest Rate', 'sub_title' => '', 'summary' => 'March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed deposit.', 'content' => '<p style="text-align: justify;">March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed deposit.</p> <p style="text-align: justify;">With this, a moral question has arisen to the banks, how much interest the banks, which are paying up to 15 per cent of interest to other institutional depositors, will pay to the Nepal Rastra Bank (NRB).</p> <p style="text-align: justify;">The CCD ratio of BFIs had exceeded the limitation of 80 percent set by NRB due to the lack of lendable fund as per the demand of market. This led to unhealthy competition in the market. Due to this, Nepal Banker's Association (NBA) mediated with the banks not to pay interest more than 12 per cent to the deposits. But many bankers have faced the blame that they have disrespected the decision.</p> <p style="text-align: justify;">To relieve the situation, NRB revised the monetary policy and tightened the loans for purchase of automobiles and real estate and also eased the CCD calculation. This made BFIs somewhat easier to work according to the stipulated CCD ratio. After that, the BFIs started to take deposit at the interest rate of 12 per cent as before.</p> <p style="text-align: justify;">As the NRB has offered the deposit at this moment, banks claim that this will create moral pressure on the banks. "If we take the deposit in less interest rate, we have already published advertisement for providing an interest rate of up to 12 per cent. And if we don’t accept the NRB deposit, it will give a message that we are not in a liquidity crisis as said by the NRB," said one of the banker.</p> <p style="text-align: justify;">NRB has announced on Wednesday that it will keep the fixed deposit for one year from April 17, 2017 to April 14, 2018. Prior to this, the Financial Management Department of NRB had also invested Rs 725 million on February 24 and Rs 1.57 billion on February 5, 2017 as fixed deposit.</p> <p style="text-align: justify;">As per the notice of NRB, out of the total amount, Rs 279.8 billion will be deposited in the commercial Banks, Rs 524.7 million in the development banks and Rs 174.8 million in financial companies.</p> <p style="text-align: justify;">The Financial Management Department of NRB has requested the interested BFIs to submit proposals for receiving the money as fixed deposit stating the amount and the interest rate by 11:00 am of March 31.</p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5388', 'image' => '20170330050859_nrb.JPG', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5602', 'article_category_id' => '1', 'title' => 'Bajaj’s New Showroom in Waling', 'sub_title' => '', 'summary' => 'March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen Gurung', 'content' => '<p style="text-align: justify;">March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen Gurung, Deputy General Manager of HH Bajaj, the new showroom has been opened as per the high demand of parts and accessories in Syangja. The company informed that the customers will get special discount and attractive gift hampers on the occasion of the opening of the showroom. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5387', 'image' => '20170330023531_bajaj.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5601', 'article_category_id' => '1', 'title' => 'Yamaha’s ‘Wish Discount’ for New Year', 'sub_title' => '', 'summary' => 'March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company, t', 'content' => '<p style="text-align: justify;">March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company, the lucky draw will be telecasted live at ‘The Evening Show at Six’ on Himalayan Television or live updated in Yamaha Facebook page on Mondays. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5386', 'image' => '20170330015620_yamaha.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5600', 'article_category_id' => '1', 'title' => 'Hyundai’s New Year Scheme ', 'sub_title' => '', 'summary' => 'March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company. ', 'content' => '<p style="text-align: justify;">March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5385', 'image' => '20170330015005_hyundai.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5599', 'article_category_id' => '1', 'title' => 'Kent Magic Car Purifier in Nepali Market', 'sub_title' => '', 'summary' => 'March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement. ', 'content' => '<p style="text-align: justify;">March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement. </p> <p style="text-align: justify;">According to the company, it is specially designed for car’s cabin. A Japanese technology ‘High Efficiency Particular Arrestor (HEPA)’ has been used in the product to control polluted air. The purifier removes odor, dust, smoke, virus and other pollutants and create healthy and pure environment inside the car. As the purifier has three stages of filtration process, it removes 99 percent of pollutants, claimed the company. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5384', 'image' => '20170330013702_kent.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5598', 'article_category_id' => '1', 'title' => ' NIC Asia’s Support to Bal Mandir', 'sub_title' => '', 'summary' => 'March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the bank.', 'content' => '<p style="text-align: justify;">March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the bank.</p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5383', 'image' => '20170330011956_nic.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5597', 'article_category_id' => '1', 'title' => ' Citizens Bank Opens 2 ATM Outlets ', 'sub_title' => '', 'summary' => 'March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units. ', 'content' => '<p style="text-align: justify;">March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5382', 'image' => '20170330120948_ctx.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5596', 'article_category_id' => '1', 'title' => 'Prabhu Bank Supports Pathshala', 'sub_title' => '', 'summary' => 'March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the school.', 'content' => '<p style="text-align: justify;">March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the school.</p> <p style="text-align: justify;">In the program, Hemanta Babu Acharya, Branch Manager of the bank informed that the bank has been organising various service oriented programs including scholarships to orphaned and differently-abled students, free health checkups and blood donation in various parts of the nation.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5381', 'image' => '20170330115607_prabhu bank.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5595', 'article_category_id' => '1', 'title' => 'Sunrise Starts Branch at Sitapaila', 'sub_title' => '', 'summary' => 'March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program.', 'content' => '<p style="text-align: justify;">March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program.</p> <p style="text-align: justify;">According to the bank, the branch will provide locker facility as well. The bank transferred the additional branch of Shankhamul to Sitapaila. Presently, the bank is providing its services through 68 branches, 76 ATM outlets and 13 branchless banking units. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5380', 'image' => '20170330113731_sunrise.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5594', 'article_category_id' => '1', 'title' => 'Himalayan Consensus Summit Concludes', 'sub_title' => '', 'summary' => 'March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point declaration.', 'content' => '<p style="text-align: justify;">March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point declaration.</p> <p style="text-align: justify;">The summit was held on March 24 and 25 at Himalayan Hotel, Kupandol, Lalitpur with the participation of 200 people including international experts.</p> <p style="text-align: justify;">Nepal Economic Forum played the role of Office of the Secretariat for the programme organized by the Himalayan Consensus Institute, Hong Kong.</p> <p style="text-align: justify;">According to the organizers, Selin Kostu was engaged in making documentary on the indigenous people of the Himalayas.</p> <p style="text-align: justify;">Similarly, Mahendra Shrestha announced that he will work in the Himalayan Heritage Hotel Fund.</p> <p style="text-align: justify;">Likewise, Ryan Nadeu announced an award of Rs 30 million for smart agriculture technology and its access to farmers.</p> <p style="text-align: justify;">The organizers informed that Christopher of SEB Bank will collect fund on behalf of the Himalayan Fund. In the programme, Daniel Taylor announced to provide scholarships to 20 students of the Himalayan region, whereas Hawn Waiwai pledged to work with UNESCO and Ecart Roth announced to establish a fund for post-disaster management. </p> <p style="text-align: justify;">Speaking at the programme, Prof. Mahendra P. Lama of the executive committee informed that the summit is focused on study of the conflict in the Himalayan region.</p> <p style="text-align: justify;">Himalayan Consensus Institute is working for socio-economic development of the Himalayan region by protecting the eco-system of the region. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5379', 'image' => '20170329052237_himalayan.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5593', 'article_category_id' => '1', 'title' => 'NTC to Lend Free Balance', 'sub_title' => '', 'summary' => 'March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air time.', 'content' => '<p style="text-align: justify;">March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air time.</p> <p style="text-align: justify;">According to the company, the subscribers of GSM and CDMA prepaid sim cards can get this service. The company has entered into an agreement last week with Hemanta Trade Center, local partner of Tiaxa Company located in Hong Kong.</p> <p style="text-align: justify;">Kamini Rajbhandari, Managing Director of NT and Hemanta Agrawal, Director of Hemanta Trade Center signed the agreement to this effect.</p> <p style="text-align: justify;">As per the agreement, the company aims to avail credit loan service to its customers after five months of the signing of the agreement. Prativa Baidya, Spokesperson of the company said, “The Company aims to provide credit loan service to its customers during ‘air time’, too. This will help them to talk even after the expiration of balance.”</p> <p style="text-align: justify;">The company informed that it will not charge any extra charges to its customers for using new credit loan service. However, the credited loan amount will be cleared after the users recharge their balance. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5378', 'image' => '20170329041018_nt.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5592', 'article_category_id' => '1', 'title' => 'Japan Supports KU for Water Purification', 'sub_title' => '', 'summary' => 'March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking water.', 'content' => '<p style="text-align: justify;">March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking water.</p> <p style="text-align: justify;">The fund equivalent to more than Rs 8.8 million supported by Japan will be used for purification of drinking water used in Dhulikhel Hospital and 40 houses of Ravi Opi area in Dhulikhel.</p> <p style="text-align: justify;">According to Dr. Bim Prasad Shrestha, Professor at the Mechanical Engineering Department of KU, Prof. Dr. Ram Kantha Makaju, Vice Chancellor of KU and Charge d' Affaires of the Embassy of Japan Shinya Machida signed the agreement to this effect.</p> <p style="text-align: justify;">As per the agreement, the project shall be completed within a year and will be coordinated by Prof. Dr. Shrestha.</p> <p style="text-align: justify;">Similarly, KU will install technology for the purification of drinking water through E and T Company.</p> <p style="text-align: justify;">Dr. Shrestha shared that after the installation of the water purifying technology, KU will be able to provide safe and clean drinking water to patients and staffs of the hospital along with 40 households of Ravi Opi area. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5377', 'image' => '20170329040704_water.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5591', 'article_category_id' => '1', 'title' => 'Right Issue of NIC Asia Begins', 'sub_title' => '', 'summary' => 'March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank. ', 'content' => '<p style="text-align: justify;">March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5376', 'image' => '20170329015640_20170329123609_NIC ASIA Bank.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5590', 'article_category_id' => '1', 'title' => 'SEBON Approves Right Issue of Nepal Bank', 'sub_title' => '', 'summary' => 'March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar. ', 'content' => '<p style="text-align: justify;">March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5375', 'image' => '20170329014431_nepal bank.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$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' => '5604', 'article_category_id' => '1', 'title' => 'Three More Years to Complete Garment Processing Zone', 'sub_title' => '', 'summary' => 'March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to complete.', 'content' => '<p style="text-align: justify;">March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to complete.</p> <p style="text-align: justify;"> The establishment of GPZ in Simara expected to complete in two years as stated in the current fiscal year is being delayed by two years than the stipulated time. The expected cost of the project declared to be completed within two years was Rs. 2.2 billion.</p> <p style="text-align: justify;">Expected to complete the construction work within 2017/18, the project could not get completed on time due to sluggish pace of work of the government. Constructed in 135 bighas of land at Simara Special Economic Zone (SEZ), the infrastructure construction of the project is assumed to cost Rs 2.20 billion. The budget was approved by the Ministry of Finance (MoF) only two months ago.</p> <p style="text-align: justify;">The government has already released Rs 500 million for the infrastructure construction of GPZ in the current fiscal year. MoF agreed to provide the necessary amount in the context of the amount being insufficient to finish the project on time.</p> <p style="text-align: justify;">According to the project, the work of GPZ will be moved ahead in different four packages. According to Arjun Pandey, Project Chief and Engineer of SEZ Development Committee, they are preparing for calling a tender in four packages to finish the project within three years from now.</p> <p style="text-align: justify;">Stating that preparation for different tenders for four packages is being made, Pandey informed that the tender for the first package will be invited within April 13. </p> <p style="text-align: justify;">Estimated to cost Rs one billion, the first package will finish the works including road, land development, drainage construction and drinking water, whereas in the second package, electricity, sewerage purification center will be constructed with an estimated expenditure of Rs 570 million.</p> <p style="text-align: justify;">Similarly, the third package includes construction of different buildings for which Rs 350 million has been estimated, whereas construction of helipad, health club, guest house fall under fourth package and Rs 290 is estimated for its construction.</p> <p style="text-align: justify;">Pandey informed that the tender process for the remaining two packages will also be moved ahead within the current fiscal year ending in mid-July. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5389', 'image' => '20170330055044_26d01cc.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5603', 'article_category_id' => '1', 'title' => 'NRB Fixed Deposit: Moral Pressure to Banks Regarding Interest Rate', 'sub_title' => '', 'summary' => 'March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed deposit.', 'content' => '<p style="text-align: justify;">March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed deposit.</p> <p style="text-align: justify;">With this, a moral question has arisen to the banks, how much interest the banks, which are paying up to 15 per cent of interest to other institutional depositors, will pay to the Nepal Rastra Bank (NRB).</p> <p style="text-align: justify;">The CCD ratio of BFIs had exceeded the limitation of 80 percent set by NRB due to the lack of lendable fund as per the demand of market. This led to unhealthy competition in the market. Due to this, Nepal Banker's Association (NBA) mediated with the banks not to pay interest more than 12 per cent to the deposits. But many bankers have faced the blame that they have disrespected the decision.</p> <p style="text-align: justify;">To relieve the situation, NRB revised the monetary policy and tightened the loans for purchase of automobiles and real estate and also eased the CCD calculation. This made BFIs somewhat easier to work according to the stipulated CCD ratio. After that, the BFIs started to take deposit at the interest rate of 12 per cent as before.</p> <p style="text-align: justify;">As the NRB has offered the deposit at this moment, banks claim that this will create moral pressure on the banks. "If we take the deposit in less interest rate, we have already published advertisement for providing an interest rate of up to 12 per cent. And if we don’t accept the NRB deposit, it will give a message that we are not in a liquidity crisis as said by the NRB," said one of the banker.</p> <p style="text-align: justify;">NRB has announced on Wednesday that it will keep the fixed deposit for one year from April 17, 2017 to April 14, 2018. Prior to this, the Financial Management Department of NRB had also invested Rs 725 million on February 24 and Rs 1.57 billion on February 5, 2017 as fixed deposit.</p> <p style="text-align: justify;">As per the notice of NRB, out of the total amount, Rs 279.8 billion will be deposited in the commercial Banks, Rs 524.7 million in the development banks and Rs 174.8 million in financial companies.</p> <p style="text-align: justify;">The Financial Management Department of NRB has requested the interested BFIs to submit proposals for receiving the money as fixed deposit stating the amount and the interest rate by 11:00 am of March 31.</p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5388', 'image' => '20170330050859_nrb.JPG', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5602', 'article_category_id' => '1', 'title' => 'Bajaj’s New Showroom in Waling', 'sub_title' => '', 'summary' => 'March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen Gurung', 'content' => '<p style="text-align: justify;">March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen Gurung, Deputy General Manager of HH Bajaj, the new showroom has been opened as per the high demand of parts and accessories in Syangja. The company informed that the customers will get special discount and attractive gift hampers on the occasion of the opening of the showroom. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5387', 'image' => '20170330023531_bajaj.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5601', 'article_category_id' => '1', 'title' => 'Yamaha’s ‘Wish Discount’ for New Year', 'sub_title' => '', 'summary' => 'March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company, t', 'content' => '<p style="text-align: justify;">March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company, the lucky draw will be telecasted live at ‘The Evening Show at Six’ on Himalayan Television or live updated in Yamaha Facebook page on Mondays. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5386', 'image' => '20170330015620_yamaha.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5600', 'article_category_id' => '1', 'title' => 'Hyundai’s New Year Scheme ', 'sub_title' => '', 'summary' => 'March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company. ', 'content' => '<p style="text-align: justify;">March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5385', 'image' => '20170330015005_hyundai.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5599', 'article_category_id' => '1', 'title' => 'Kent Magic Car Purifier in Nepali Market', 'sub_title' => '', 'summary' => 'March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement. ', 'content' => '<p style="text-align: justify;">March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement. </p> <p style="text-align: justify;">According to the company, it is specially designed for car’s cabin. A Japanese technology ‘High Efficiency Particular Arrestor (HEPA)’ has been used in the product to control polluted air. The purifier removes odor, dust, smoke, virus and other pollutants and create healthy and pure environment inside the car. As the purifier has three stages of filtration process, it removes 99 percent of pollutants, claimed the company. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5384', 'image' => '20170330013702_kent.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5598', 'article_category_id' => '1', 'title' => ' NIC Asia’s Support to Bal Mandir', 'sub_title' => '', 'summary' => 'March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the bank.', 'content' => '<p style="text-align: justify;">March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the bank.</p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5383', 'image' => '20170330011956_nic.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5597', 'article_category_id' => '1', 'title' => ' Citizens Bank Opens 2 ATM Outlets ', 'sub_title' => '', 'summary' => 'March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units. ', 'content' => '<p style="text-align: justify;">March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5382', 'image' => '20170330120948_ctx.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5596', 'article_category_id' => '1', 'title' => 'Prabhu Bank Supports Pathshala', 'sub_title' => '', 'summary' => 'March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the school.', 'content' => '<p style="text-align: justify;">March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the school.</p> <p style="text-align: justify;">In the program, Hemanta Babu Acharya, Branch Manager of the bank informed that the bank has been organising various service oriented programs including scholarships to orphaned and differently-abled students, free health checkups and blood donation in various parts of the nation.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5381', 'image' => '20170330115607_prabhu bank.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5595', 'article_category_id' => '1', 'title' => 'Sunrise Starts Branch at Sitapaila', 'sub_title' => '', 'summary' => 'March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program.', 'content' => '<p style="text-align: justify;">March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program.</p> <p style="text-align: justify;">According to the bank, the branch will provide locker facility as well. The bank transferred the additional branch of Shankhamul to Sitapaila. Presently, the bank is providing its services through 68 branches, 76 ATM outlets and 13 branchless banking units. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5380', 'image' => '20170330113731_sunrise.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5594', 'article_category_id' => '1', 'title' => 'Himalayan Consensus Summit Concludes', 'sub_title' => '', 'summary' => 'March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point declaration.', 'content' => '<p style="text-align: justify;">March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point declaration.</p> <p style="text-align: justify;">The summit was held on March 24 and 25 at Himalayan Hotel, Kupandol, Lalitpur with the participation of 200 people including international experts.</p> <p style="text-align: justify;">Nepal Economic Forum played the role of Office of the Secretariat for the programme organized by the Himalayan Consensus Institute, Hong Kong.</p> <p style="text-align: justify;">According to the organizers, Selin Kostu was engaged in making documentary on the indigenous people of the Himalayas.</p> <p style="text-align: justify;">Similarly, Mahendra Shrestha announced that he will work in the Himalayan Heritage Hotel Fund.</p> <p style="text-align: justify;">Likewise, Ryan Nadeu announced an award of Rs 30 million for smart agriculture technology and its access to farmers.</p> <p style="text-align: justify;">The organizers informed that Christopher of SEB Bank will collect fund on behalf of the Himalayan Fund. In the programme, Daniel Taylor announced to provide scholarships to 20 students of the Himalayan region, whereas Hawn Waiwai pledged to work with UNESCO and Ecart Roth announced to establish a fund for post-disaster management. </p> <p style="text-align: justify;">Speaking at the programme, Prof. Mahendra P. Lama of the executive committee informed that the summit is focused on study of the conflict in the Himalayan region.</p> <p style="text-align: justify;">Himalayan Consensus Institute is working for socio-economic development of the Himalayan region by protecting the eco-system of the region. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5379', 'image' => '20170329052237_himalayan.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5593', 'article_category_id' => '1', 'title' => 'NTC to Lend Free Balance', 'sub_title' => '', 'summary' => 'March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air time.', 'content' => '<p style="text-align: justify;">March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air time.</p> <p style="text-align: justify;">According to the company, the subscribers of GSM and CDMA prepaid sim cards can get this service. The company has entered into an agreement last week with Hemanta Trade Center, local partner of Tiaxa Company located in Hong Kong.</p> <p style="text-align: justify;">Kamini Rajbhandari, Managing Director of NT and Hemanta Agrawal, Director of Hemanta Trade Center signed the agreement to this effect.</p> <p style="text-align: justify;">As per the agreement, the company aims to avail credit loan service to its customers after five months of the signing of the agreement. Prativa Baidya, Spokesperson of the company said, “The Company aims to provide credit loan service to its customers during ‘air time’, too. This will help them to talk even after the expiration of balance.”</p> <p style="text-align: justify;">The company informed that it will not charge any extra charges to its customers for using new credit loan service. However, the credited loan amount will be cleared after the users recharge their balance. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5378', 'image' => '20170329041018_nt.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5592', 'article_category_id' => '1', 'title' => 'Japan Supports KU for Water Purification', 'sub_title' => '', 'summary' => 'March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking water.', 'content' => '<p style="text-align: justify;">March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking water.</p> <p style="text-align: justify;">The fund equivalent to more than Rs 8.8 million supported by Japan will be used for purification of drinking water used in Dhulikhel Hospital and 40 houses of Ravi Opi area in Dhulikhel.</p> <p style="text-align: justify;">According to Dr. Bim Prasad Shrestha, Professor at the Mechanical Engineering Department of KU, Prof. Dr. Ram Kantha Makaju, Vice Chancellor of KU and Charge d' Affaires of the Embassy of Japan Shinya Machida signed the agreement to this effect.</p> <p style="text-align: justify;">As per the agreement, the project shall be completed within a year and will be coordinated by Prof. Dr. Shrestha.</p> <p style="text-align: justify;">Similarly, KU will install technology for the purification of drinking water through E and T Company.</p> <p style="text-align: justify;">Dr. Shrestha shared that after the installation of the water purifying technology, KU will be able to provide safe and clean drinking water to patients and staffs of the hospital along with 40 households of Ravi Opi area. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5377', 'image' => '20170329040704_water.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5591', 'article_category_id' => '1', 'title' => 'Right Issue of NIC Asia Begins', 'sub_title' => '', 'summary' => 'March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank. ', 'content' => '<p style="text-align: justify;">March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5376', 'image' => '20170329015640_20170329123609_NIC ASIA Bank.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5590', 'article_category_id' => '1', 'title' => 'SEBON Approves Right Issue of Nepal Bank', 'sub_title' => '', 'summary' => 'March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar. ', 'content' => '<p style="text-align: justify;">March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5375', 'image' => '20170329014431_nepal bank.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$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' => '5604', 'article_category_id' => '1', 'title' => 'Three More Years to Complete Garment Processing Zone', 'sub_title' => '', 'summary' => 'March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to complete.', 'content' => '<p style="text-align: justify;">March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to complete.</p> <p style="text-align: justify;"> The establishment of GPZ in Simara expected to complete in two years as stated in the current fiscal year is being delayed by two years than the stipulated time. The expected cost of the project declared to be completed within two years was Rs. 2.2 billion.</p> <p style="text-align: justify;">Expected to complete the construction work within 2017/18, the project could not get completed on time due to sluggish pace of work of the government. Constructed in 135 bighas of land at Simara Special Economic Zone (SEZ), the infrastructure construction of the project is assumed to cost Rs 2.20 billion. The budget was approved by the Ministry of Finance (MoF) only two months ago.</p> <p style="text-align: justify;">The government has already released Rs 500 million for the infrastructure construction of GPZ in the current fiscal year. MoF agreed to provide the necessary amount in the context of the amount being insufficient to finish the project on time.</p> <p style="text-align: justify;">According to the project, the work of GPZ will be moved ahead in different four packages. According to Arjun Pandey, Project Chief and Engineer of SEZ Development Committee, they are preparing for calling a tender in four packages to finish the project within three years from now.</p> <p style="text-align: justify;">Stating that preparation for different tenders for four packages is being made, Pandey informed that the tender for the first package will be invited within April 13. </p> <p style="text-align: justify;">Estimated to cost Rs one billion, the first package will finish the works including road, land development, drainage construction and drinking water, whereas in the second package, electricity, sewerage purification center will be constructed with an estimated expenditure of Rs 570 million.</p> <p style="text-align: justify;">Similarly, the third package includes construction of different buildings for which Rs 350 million has been estimated, whereas construction of helipad, health club, guest house fall under fourth package and Rs 290 is estimated for its construction.</p> <p style="text-align: justify;">Pandey informed that the tender process for the remaining two packages will also be moved ahead within the current fiscal year ending in mid-July. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5389', 'image' => '20170330055044_26d01cc.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5603', 'article_category_id' => '1', 'title' => 'NRB Fixed Deposit: Moral Pressure to Banks Regarding Interest Rate', 'sub_title' => '', 'summary' => 'March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed deposit.', 'content' => '<p style="text-align: justify;">March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed deposit.</p> <p style="text-align: justify;">With this, a moral question has arisen to the banks, how much interest the banks, which are paying up to 15 per cent of interest to other institutional depositors, will pay to the Nepal Rastra Bank (NRB).</p> <p style="text-align: justify;">The CCD ratio of BFIs had exceeded the limitation of 80 percent set by NRB due to the lack of lendable fund as per the demand of market. This led to unhealthy competition in the market. Due to this, Nepal Banker's Association (NBA) mediated with the banks not to pay interest more than 12 per cent to the deposits. But many bankers have faced the blame that they have disrespected the decision.</p> <p style="text-align: justify;">To relieve the situation, NRB revised the monetary policy and tightened the loans for purchase of automobiles and real estate and also eased the CCD calculation. This made BFIs somewhat easier to work according to the stipulated CCD ratio. After that, the BFIs started to take deposit at the interest rate of 12 per cent as before.</p> <p style="text-align: justify;">As the NRB has offered the deposit at this moment, banks claim that this will create moral pressure on the banks. "If we take the deposit in less interest rate, we have already published advertisement for providing an interest rate of up to 12 per cent. And if we don’t accept the NRB deposit, it will give a message that we are not in a liquidity crisis as said by the NRB," said one of the banker.</p> <p style="text-align: justify;">NRB has announced on Wednesday that it will keep the fixed deposit for one year from April 17, 2017 to April 14, 2018. Prior to this, the Financial Management Department of NRB had also invested Rs 725 million on February 24 and Rs 1.57 billion on February 5, 2017 as fixed deposit.</p> <p style="text-align: justify;">As per the notice of NRB, out of the total amount, Rs 279.8 billion will be deposited in the commercial Banks, Rs 524.7 million in the development banks and Rs 174.8 million in financial companies.</p> <p style="text-align: justify;">The Financial Management Department of NRB has requested the interested BFIs to submit proposals for receiving the money as fixed deposit stating the amount and the interest rate by 11:00 am of March 31.</p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5388', 'image' => '20170330050859_nrb.JPG', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5602', 'article_category_id' => '1', 'title' => 'Bajaj’s New Showroom in Waling', 'sub_title' => '', 'summary' => 'March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen Gurung', 'content' => '<p style="text-align: justify;">March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen Gurung, Deputy General Manager of HH Bajaj, the new showroom has been opened as per the high demand of parts and accessories in Syangja. The company informed that the customers will get special discount and attractive gift hampers on the occasion of the opening of the showroom. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5387', 'image' => '20170330023531_bajaj.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5601', 'article_category_id' => '1', 'title' => 'Yamaha’s ‘Wish Discount’ for New Year', 'sub_title' => '', 'summary' => 'March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company, t', 'content' => '<p style="text-align: justify;">March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company, the lucky draw will be telecasted live at ‘The Evening Show at Six’ on Himalayan Television or live updated in Yamaha Facebook page on Mondays. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5386', 'image' => '20170330015620_yamaha.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5600', 'article_category_id' => '1', 'title' => 'Hyundai’s New Year Scheme ', 'sub_title' => '', 'summary' => 'March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company. ', 'content' => '<p style="text-align: justify;">March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5385', 'image' => '20170330015005_hyundai.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5599', 'article_category_id' => '1', 'title' => 'Kent Magic Car Purifier in Nepali Market', 'sub_title' => '', 'summary' => 'March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement. ', 'content' => '<p style="text-align: justify;">March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement. </p> <p style="text-align: justify;">According to the company, it is specially designed for car’s cabin. A Japanese technology ‘High Efficiency Particular Arrestor (HEPA)’ has been used in the product to control polluted air. The purifier removes odor, dust, smoke, virus and other pollutants and create healthy and pure environment inside the car. As the purifier has three stages of filtration process, it removes 99 percent of pollutants, claimed the company. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5384', 'image' => '20170330013702_kent.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5598', 'article_category_id' => '1', 'title' => ' NIC Asia’s Support to Bal Mandir', 'sub_title' => '', 'summary' => 'March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the bank.', 'content' => '<p style="text-align: justify;">March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the bank.</p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5383', 'image' => '20170330011956_nic.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5597', 'article_category_id' => '1', 'title' => ' Citizens Bank Opens 2 ATM Outlets ', 'sub_title' => '', 'summary' => 'March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units. ', 'content' => '<p style="text-align: justify;">March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5382', 'image' => '20170330120948_ctx.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5596', 'article_category_id' => '1', 'title' => 'Prabhu Bank Supports Pathshala', 'sub_title' => '', 'summary' => 'March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the school.', 'content' => '<p style="text-align: justify;">March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the school.</p> <p style="text-align: justify;">In the program, Hemanta Babu Acharya, Branch Manager of the bank informed that the bank has been organising various service oriented programs including scholarships to orphaned and differently-abled students, free health checkups and blood donation in various parts of the nation.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5381', 'image' => '20170330115607_prabhu bank.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5595', 'article_category_id' => '1', 'title' => 'Sunrise Starts Branch at Sitapaila', 'sub_title' => '', 'summary' => 'March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program.', 'content' => '<p style="text-align: justify;">March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program.</p> <p style="text-align: justify;">According to the bank, the branch will provide locker facility as well. The bank transferred the additional branch of Shankhamul to Sitapaila. Presently, the bank is providing its services through 68 branches, 76 ATM outlets and 13 branchless banking units. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5380', 'image' => '20170330113731_sunrise.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5594', 'article_category_id' => '1', 'title' => 'Himalayan Consensus Summit Concludes', 'sub_title' => '', 'summary' => 'March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point declaration.', 'content' => '<p style="text-align: justify;">March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point declaration.</p> <p style="text-align: justify;">The summit was held on March 24 and 25 at Himalayan Hotel, Kupandol, Lalitpur with the participation of 200 people including international experts.</p> <p style="text-align: justify;">Nepal Economic Forum played the role of Office of the Secretariat for the programme organized by the Himalayan Consensus Institute, Hong Kong.</p> <p style="text-align: justify;">According to the organizers, Selin Kostu was engaged in making documentary on the indigenous people of the Himalayas.</p> <p style="text-align: justify;">Similarly, Mahendra Shrestha announced that he will work in the Himalayan Heritage Hotel Fund.</p> <p style="text-align: justify;">Likewise, Ryan Nadeu announced an award of Rs 30 million for smart agriculture technology and its access to farmers.</p> <p style="text-align: justify;">The organizers informed that Christopher of SEB Bank will collect fund on behalf of the Himalayan Fund. In the programme, Daniel Taylor announced to provide scholarships to 20 students of the Himalayan region, whereas Hawn Waiwai pledged to work with UNESCO and Ecart Roth announced to establish a fund for post-disaster management. </p> <p style="text-align: justify;">Speaking at the programme, Prof. Mahendra P. Lama of the executive committee informed that the summit is focused on study of the conflict in the Himalayan region.</p> <p style="text-align: justify;">Himalayan Consensus Institute is working for socio-economic development of the Himalayan region by protecting the eco-system of the region. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5379', 'image' => '20170329052237_himalayan.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5593', 'article_category_id' => '1', 'title' => 'NTC to Lend Free Balance', 'sub_title' => '', 'summary' => 'March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air time.', 'content' => '<p style="text-align: justify;">March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air time.</p> <p style="text-align: justify;">According to the company, the subscribers of GSM and CDMA prepaid sim cards can get this service. The company has entered into an agreement last week with Hemanta Trade Center, local partner of Tiaxa Company located in Hong Kong.</p> <p style="text-align: justify;">Kamini Rajbhandari, Managing Director of NT and Hemanta Agrawal, Director of Hemanta Trade Center signed the agreement to this effect.</p> <p style="text-align: justify;">As per the agreement, the company aims to avail credit loan service to its customers after five months of the signing of the agreement. Prativa Baidya, Spokesperson of the company said, “The Company aims to provide credit loan service to its customers during ‘air time’, too. This will help them to talk even after the expiration of balance.”</p> <p style="text-align: justify;">The company informed that it will not charge any extra charges to its customers for using new credit loan service. However, the credited loan amount will be cleared after the users recharge their balance. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5378', 'image' => '20170329041018_nt.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5592', 'article_category_id' => '1', 'title' => 'Japan Supports KU for Water Purification', 'sub_title' => '', 'summary' => 'March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking water.', 'content' => '<p style="text-align: justify;">March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking water.</p> <p style="text-align: justify;">The fund equivalent to more than Rs 8.8 million supported by Japan will be used for purification of drinking water used in Dhulikhel Hospital and 40 houses of Ravi Opi area in Dhulikhel.</p> <p style="text-align: justify;">According to Dr. Bim Prasad Shrestha, Professor at the Mechanical Engineering Department of KU, Prof. Dr. Ram Kantha Makaju, Vice Chancellor of KU and Charge d' Affaires of the Embassy of Japan Shinya Machida signed the agreement to this effect.</p> <p style="text-align: justify;">As per the agreement, the project shall be completed within a year and will be coordinated by Prof. Dr. Shrestha.</p> <p style="text-align: justify;">Similarly, KU will install technology for the purification of drinking water through E and T Company.</p> <p style="text-align: justify;">Dr. Shrestha shared that after the installation of the water purifying technology, KU will be able to provide safe and clean drinking water to patients and staffs of the hospital along with 40 households of Ravi Opi area. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5377', 'image' => '20170329040704_water.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5591', 'article_category_id' => '1', 'title' => 'Right Issue of NIC Asia Begins', 'sub_title' => '', 'summary' => 'March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank. ', 'content' => '<p style="text-align: justify;">March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5376', 'image' => '20170329015640_20170329123609_NIC ASIA Bank.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5590', 'article_category_id' => '1', 'title' => 'SEBON Approves Right Issue of Nepal Bank', 'sub_title' => '', 'summary' => 'March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar. ', 'content' => '<p style="text-align: justify;">March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5375', 'image' => '20170329014431_nepal bank.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$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' => '5604', 'article_category_id' => '1', 'title' => 'Three More Years to Complete Garment Processing Zone', 'sub_title' => '', 'summary' => 'March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to complete.', 'content' => '<p style="text-align: justify;">March 30: The under construction Garment Processing Zone (GPZ) in Simara of Bara districts, seems to take three more years to complete.</p> <p style="text-align: justify;"> The establishment of GPZ in Simara expected to complete in two years as stated in the current fiscal year is being delayed by two years than the stipulated time. The expected cost of the project declared to be completed within two years was Rs. 2.2 billion.</p> <p style="text-align: justify;">Expected to complete the construction work within 2017/18, the project could not get completed on time due to sluggish pace of work of the government. Constructed in 135 bighas of land at Simara Special Economic Zone (SEZ), the infrastructure construction of the project is assumed to cost Rs 2.20 billion. The budget was approved by the Ministry of Finance (MoF) only two months ago.</p> <p style="text-align: justify;">The government has already released Rs 500 million for the infrastructure construction of GPZ in the current fiscal year. MoF agreed to provide the necessary amount in the context of the amount being insufficient to finish the project on time.</p> <p style="text-align: justify;">According to the project, the work of GPZ will be moved ahead in different four packages. According to Arjun Pandey, Project Chief and Engineer of SEZ Development Committee, they are preparing for calling a tender in four packages to finish the project within three years from now.</p> <p style="text-align: justify;">Stating that preparation for different tenders for four packages is being made, Pandey informed that the tender for the first package will be invited within April 13. </p> <p style="text-align: justify;">Estimated to cost Rs one billion, the first package will finish the works including road, land development, drainage construction and drinking water, whereas in the second package, electricity, sewerage purification center will be constructed with an estimated expenditure of Rs 570 million.</p> <p style="text-align: justify;">Similarly, the third package includes construction of different buildings for which Rs 350 million has been estimated, whereas construction of helipad, health club, guest house fall under fourth package and Rs 290 is estimated for its construction.</p> <p style="text-align: justify;">Pandey informed that the tender process for the remaining two packages will also be moved ahead within the current fiscal year ending in mid-July. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5389', 'image' => '20170330055044_26d01cc.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '5603', 'article_category_id' => '1', 'title' => 'NRB Fixed Deposit: Moral Pressure to Banks Regarding Interest Rate', 'sub_title' => '', 'summary' => 'March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed deposit.', 'content' => '<p style="text-align: justify;">March 30: The Nepal Rastra Bank (NRB) is providing Rs 3.5 billion to the banking system to ease the ongoing credit crunch. The amount is to be injected by the central bank of Nepal in the form of fixed deposit.</p> <p style="text-align: justify;">With this, a moral question has arisen to the banks, how much interest the banks, which are paying up to 15 per cent of interest to other institutional depositors, will pay to the Nepal Rastra Bank (NRB).</p> <p style="text-align: justify;">The CCD ratio of BFIs had exceeded the limitation of 80 percent set by NRB due to the lack of lendable fund as per the demand of market. This led to unhealthy competition in the market. Due to this, Nepal Banker's Association (NBA) mediated with the banks not to pay interest more than 12 per cent to the deposits. But many bankers have faced the blame that they have disrespected the decision.</p> <p style="text-align: justify;">To relieve the situation, NRB revised the monetary policy and tightened the loans for purchase of automobiles and real estate and also eased the CCD calculation. This made BFIs somewhat easier to work according to the stipulated CCD ratio. After that, the BFIs started to take deposit at the interest rate of 12 per cent as before.</p> <p style="text-align: justify;">As the NRB has offered the deposit at this moment, banks claim that this will create moral pressure on the banks. "If we take the deposit in less interest rate, we have already published advertisement for providing an interest rate of up to 12 per cent. And if we don’t accept the NRB deposit, it will give a message that we are not in a liquidity crisis as said by the NRB," said one of the banker.</p> <p style="text-align: justify;">NRB has announced on Wednesday that it will keep the fixed deposit for one year from April 17, 2017 to April 14, 2018. Prior to this, the Financial Management Department of NRB had also invested Rs 725 million on February 24 and Rs 1.57 billion on February 5, 2017 as fixed deposit.</p> <p style="text-align: justify;">As per the notice of NRB, out of the total amount, Rs 279.8 billion will be deposited in the commercial Banks, Rs 524.7 million in the development banks and Rs 174.8 million in financial companies.</p> <p style="text-align: justify;">The Financial Management Department of NRB has requested the interested BFIs to submit proposals for receiving the money as fixed deposit stating the amount and the interest rate by 11:00 am of March 31.</p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5388', 'image' => '20170330050859_nrb.JPG', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '5602', 'article_category_id' => '1', 'title' => 'Bajaj’s New Showroom in Waling', 'sub_title' => '', 'summary' => 'March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen Gurung', 'content' => '<p style="text-align: justify;">March 30: HH Bajaj, the authorised distributor of Bajaj motorcycles for Nepal has opened a new showroom ‘Santoshi Spare Parts’ in Waling, Syangja. Issuing a press statement, the company said the showroom will ease the customers of Syangja to purchase spare parts and accessories. According to Yogen Gurung, Deputy General Manager of HH Bajaj, the new showroom has been opened as per the high demand of parts and accessories in Syangja. The company informed that the customers will get special discount and attractive gift hampers on the occasion of the opening of the showroom. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5387', 'image' => '20170330023531_bajaj.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '5601', 'article_category_id' => '1', 'title' => 'Yamaha’s ‘Wish Discount’ for New Year', 'sub_title' => '', 'summary' => 'March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company, t', 'content' => '<p style="text-align: justify;">March 30: MAW Enterprises, the authorised distributor of Yamaha two-wheelers for Nepal has offered ‘Wish Discount’ scheme for its customers on the occasion of New Year 2074. Under the scheme, customers will get cash prize of Rs 8,000 to Rs 50,000 immediately after the purchase of Yamaha two-wheelers. Similarly, the customer can win Rs 100,000 as bumper prize through a lucky draw, the company informed. As per the company, the lucky draw will be telecasted live at ‘The Evening Show at Six’ on Himalayan Television or live updated in Yamaha Facebook page on Mondays. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5386', 'image' => '20170330015620_yamaha.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '5600', 'article_category_id' => '1', 'title' => 'Hyundai’s New Year Scheme ', 'sub_title' => '', 'summary' => 'March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company. ', 'content' => '<p style="text-align: justify;">March 30: Laxmi Intercontinental, the authorised distributor of Hyundai vehicles for Nepal has introduced a new scheme on the occasion of New Year 2074. According to the company, the customers who follow bank’s conditions will get financing facility at zero interest rate within a week. Moreover, all Hyundai vehicles will be provided free servicing for four years and warranty of three years under the scheme, said the press statement issued by the company. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5385', 'image' => '20170330015005_hyundai.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '5599', 'article_category_id' => '1', 'title' => 'Kent Magic Car Purifier in Nepali Market', 'sub_title' => '', 'summary' => 'March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement. ', 'content' => '<p style="text-align: justify;">March 30: EOL, the subsidiary company of Chaudhary Group has unveiled Kent magic car purifier in the Nepali market. Considering the increasing pollution, the product has been launched in the market to clean and purify internal air of the car, said the company in a press statement. </p> <p style="text-align: justify;">According to the company, it is specially designed for car’s cabin. A Japanese technology ‘High Efficiency Particular Arrestor (HEPA)’ has been used in the product to control polluted air. The purifier removes odor, dust, smoke, virus and other pollutants and create healthy and pure environment inside the car. As the purifier has three stages of filtration process, it removes 99 percent of pollutants, claimed the company. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5384', 'image' => '20170330013702_kent.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '5598', 'article_category_id' => '1', 'title' => ' NIC Asia’s Support to Bal Mandir', 'sub_title' => '', 'summary' => 'March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the bank.', 'content' => '<p style="text-align: justify;">March 30: NIC Asia Bank has supported Nepal Children’s Association (Bal Mandir). The bank extended the period of its monthly supply of nutritional food stuff used for lunch of the children accommodated at Bal Mandir to next one year. The bank was providing the support to the organization since last one year. NIC Asia has been supporting social services in various locations of the nation through its 89 branches, reads the statement issued by the bank.</p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5383', 'image' => '20170330011956_nic.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '5597', 'article_category_id' => '1', 'title' => ' Citizens Bank Opens 2 ATM Outlets ', 'sub_title' => '', 'summary' => 'March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units. ', 'content' => '<p style="text-align: justify;">March 30: Citizens Bank International has opened ATM outlet in two locations on March 29. The bank started the ATM outlets in Gwarko branch, Kathmandu and Bardiyabas branch, Mahottari. With the additions, the number of ATM outlets of the bank has reached 56. Presently, the bank is providing its services through 58 branches and 97 branchless banking units. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5382', 'image' => '20170330120948_ctx.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '5596', 'article_category_id' => '1', 'title' => 'Prabhu Bank Supports Pathshala', 'sub_title' => '', 'summary' => 'March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the school.', 'content' => '<p style="text-align: justify;">March 30: Prabhu Bank, Kusma Branch has extended its support to Gupteshwor Bedbedanga Pathshala in Parbat under its corporate social responsibility. The branch provided a television and chairs to the school. The bank, organizing a program, on March 30 provided a set of 32 inch LED television and 10 units of chairs to the school.</p> <p style="text-align: justify;">In the program, Hemanta Babu Acharya, Branch Manager of the bank informed that the bank has been organising various service oriented programs including scholarships to orphaned and differently-abled students, free health checkups and blood donation in various parts of the nation.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5381', 'image' => '20170330115607_prabhu bank.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '5595', 'article_category_id' => '1', 'title' => 'Sunrise Starts Branch at Sitapaila', 'sub_title' => '', 'summary' => 'March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program.', 'content' => '<p style="text-align: justify;">March 30: Sunrise Bank has started a branch at Sitapaila. Maheshwor Lal Shrestha, Executive Director, Bank Supervision Department of Nepal Rastra Bank (NRB) inaugurated the branch amid a program. Moti Lal Dugad, Chairman and Ratna Raj Bajracharya, CEO of the bank also attended the inauguration program.</p> <p style="text-align: justify;">According to the bank, the branch will provide locker facility as well. The bank transferred the additional branch of Shankhamul to Sitapaila. Presently, the bank is providing its services through 68 branches, 76 ATM outlets and 13 branchless banking units. </p> ', 'published' => true, 'created' => '2017-03-30', 'modified' => '2017-03-30', 'keywords' => '', 'description' => '', 'sortorder' => '5380', 'image' => '20170330113731_sunrise.jpg', 'article_date' => '2017-03-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '5594', 'article_category_id' => '1', 'title' => 'Himalayan Consensus Summit Concludes', 'sub_title' => '', 'summary' => 'March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point declaration.', 'content' => '<p style="text-align: justify;">March 29: The Second Himalayan Consensus Summit concluded on March 25 issuing an eight-point declaration.</p> <p style="text-align: justify;">The summit was held on March 24 and 25 at Himalayan Hotel, Kupandol, Lalitpur with the participation of 200 people including international experts.</p> <p style="text-align: justify;">Nepal Economic Forum played the role of Office of the Secretariat for the programme organized by the Himalayan Consensus Institute, Hong Kong.</p> <p style="text-align: justify;">According to the organizers, Selin Kostu was engaged in making documentary on the indigenous people of the Himalayas.</p> <p style="text-align: justify;">Similarly, Mahendra Shrestha announced that he will work in the Himalayan Heritage Hotel Fund.</p> <p style="text-align: justify;">Likewise, Ryan Nadeu announced an award of Rs 30 million for smart agriculture technology and its access to farmers.</p> <p style="text-align: justify;">The organizers informed that Christopher of SEB Bank will collect fund on behalf of the Himalayan Fund. In the programme, Daniel Taylor announced to provide scholarships to 20 students of the Himalayan region, whereas Hawn Waiwai pledged to work with UNESCO and Ecart Roth announced to establish a fund for post-disaster management. </p> <p style="text-align: justify;">Speaking at the programme, Prof. Mahendra P. Lama of the executive committee informed that the summit is focused on study of the conflict in the Himalayan region.</p> <p style="text-align: justify;">Himalayan Consensus Institute is working for socio-economic development of the Himalayan region by protecting the eco-system of the region. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5379', 'image' => '20170329052237_himalayan.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '5593', 'article_category_id' => '1', 'title' => 'NTC to Lend Free Balance', 'sub_title' => '', 'summary' => 'March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air time.', 'content' => '<p style="text-align: justify;">March 29: The government-owned telecom operator, Nepal Telecom is going to provide free credit loan service to its customers. The company will provide free loan balance service to its customers during low balance in air time.</p> <p style="text-align: justify;">According to the company, the subscribers of GSM and CDMA prepaid sim cards can get this service. The company has entered into an agreement last week with Hemanta Trade Center, local partner of Tiaxa Company located in Hong Kong.</p> <p style="text-align: justify;">Kamini Rajbhandari, Managing Director of NT and Hemanta Agrawal, Director of Hemanta Trade Center signed the agreement to this effect.</p> <p style="text-align: justify;">As per the agreement, the company aims to avail credit loan service to its customers after five months of the signing of the agreement. Prativa Baidya, Spokesperson of the company said, “The Company aims to provide credit loan service to its customers during ‘air time’, too. This will help them to talk even after the expiration of balance.”</p> <p style="text-align: justify;">The company informed that it will not charge any extra charges to its customers for using new credit loan service. However, the credited loan amount will be cleared after the users recharge their balance. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5378', 'image' => '20170329041018_nt.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '5592', 'article_category_id' => '1', 'title' => 'Japan Supports KU for Water Purification', 'sub_title' => '', 'summary' => 'March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking water.', 'content' => '<p style="text-align: justify;">March 29: Japanese government has supported Kathmandu University (KU) with an amount of 82,800 USD for the purification of drinking water.</p> <p style="text-align: justify;">The fund equivalent to more than Rs 8.8 million supported by Japan will be used for purification of drinking water used in Dhulikhel Hospital and 40 houses of Ravi Opi area in Dhulikhel.</p> <p style="text-align: justify;">According to Dr. Bim Prasad Shrestha, Professor at the Mechanical Engineering Department of KU, Prof. Dr. Ram Kantha Makaju, Vice Chancellor of KU and Charge d' Affaires of the Embassy of Japan Shinya Machida signed the agreement to this effect.</p> <p style="text-align: justify;">As per the agreement, the project shall be completed within a year and will be coordinated by Prof. Dr. Shrestha.</p> <p style="text-align: justify;">Similarly, KU will install technology for the purification of drinking water through E and T Company.</p> <p style="text-align: justify;">Dr. Shrestha shared that after the installation of the water purifying technology, KU will be able to provide safe and clean drinking water to patients and staffs of the hospital along with 40 households of Ravi Opi area. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5377', 'image' => '20170329040704_water.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '5591', 'article_category_id' => '1', 'title' => 'Right Issue of NIC Asia Begins', 'sub_title' => '', 'summary' => 'March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank. ', 'content' => '<p style="text-align: justify;">March 29: NIC Asia Bank has commenced its right share issuance from today. The bank is issuing 8,729,474 units of right shares in the ratio of 100:15. Interested shareholders of the bank must apply for the right shares by May 2. Civil Capital Market Ltd is the Issue Manager of the bank. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5376', 'image' => '20170329015640_20170329123609_NIC ASIA Bank.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '5590', 'article_category_id' => '1', 'title' => 'SEBON Approves Right Issue of Nepal Bank', 'sub_title' => '', 'summary' => 'March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar. ', 'content' => '<p style="text-align: justify;">March 29: Securities Board of Nepal (SEBON) has approved right share issuance of Nepal Bank. The bank is issuing 15,431,840 units of right shares in the ratio of 100:23.74. For that matter, Nepal Bank appointed Civil Capital Market as its share registrar. </p> ', 'published' => true, 'created' => '2017-03-29', 'modified' => '2017-03-29', 'keywords' => '', 'description' => '', 'sortorder' => '5375', 'image' => '20170329014431_nepal bank.jpg', 'article_date' => '2017-03-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = 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