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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5529',
			'article_category_id' => '1',
			'title' => ''Government is Fully Committed to Control Financial Crimes'',
			'sub_title' => 'EO's learning event on Anti Money Laundering',
			'summary' => '16 March: The Entrepreneurs' Organization (EO) Nepal has organized a learning event on 'Anti Money Laundering and Terrorist Financing (AML/TF) in Nepal’ for young entrepreneurs. The event held in Kathmandu basically focused on demarcation between money laundering and tax evasion, legal frameworks and contribution of business sector to control it.',
			'content' => '<p style="text-align:justify">16 March: The Entrepreneurs&#39; Organization (EO) Nepal has organized a learning event on &#39;Anti Money Laundering and Terrorist Financing (AML/TF) in Nepal&rsquo; for young entrepreneurs. The event held in Kathmandu basically focused on demarcation between money laundering and tax evasion, legal frameworks and contribution of business sector to control it.</p>

<p style="text-align:justify">&nbsp;Hari Kumar Nepal, Deputy Director of Financial Information Unit, Nepal Rastra Bank &nbsp;and chief speaker of the event said that the government is fully committed to control any form of financial crime including money laundering and tax evasion. &ldquo;Money Laundering and Terrorist Financing (AML/TF) is now not issue of Nepal only but it has dragged attention of governments all over the world and other international organizations,&rdquo; he said adding, &ldquo;Government of Nepal is serious on this matter and leaves no stone unturned to eradicate such practices.&rdquo; He also stressed that Money laundering has worsen not only the business sector only but also politics and administration.</p>

<p style="text-align:justify">&#39;Surveys show that more than 3.6 % of global GDP is earned through criminal activities. If we add amount of tax evasion to it, the result is shockingly high,&#39; Nepal added, &ldquo;But one has to be aware of the fact that each and every business started with black money is a crime. And, one cannot get peace of mind with black money.&rdquo;</p>

<p style="text-align:justify">&ldquo;Although we still lack concrete measures of financial crimes in Nepal, there is very few chance that one can escape from this crime,&rdquo; he said, &ldquo;Tax evasion supported by corruption is the biggest challenge of Nepal. It starts right from a general landlord to show low rental charge to evade tax. So, it is very much difficult to bring this all in track.&rdquo;</p>

<p style="text-align:justify">According to Nepal, the government has introduced some of the measures to check money laundering. &ldquo;We will soon have regulations like prohibition of cash transaction higher than 10 lakh rupees and not allowing saving account for business transactions. We hope that this will contribute in controlling money laundering,&rdquo; he added.</p>

<p style="text-align:justify">The event was followed by an interaction session where young entrepreneurs and EO members shared their view on how business sector can work together with government to implement the measures to control financial crimes.</p>

<p style="text-align:justify">The Nepal Chapter of EO has been working as the catalyst to enable leading entrepreneurs to learn and grow, leading to greater success in business and beyond. The Entrepreneurs&rsquo; Organization (EO)&nbsp;is a global, peer-to-peer network of more than&nbsp;12,000&nbsp;influential business owners with&nbsp;160&nbsp;chapters in&nbsp;50&nbsp;countries.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5314',
			'image' => '20170316053507_anti money.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5528',
			'article_category_id' => '1',
			'title' => 'Radhi Hydropower Set to Issue 3.4 Mn Units Primary Shares',
			'sub_title' => '',
			'summary' => 'March 15: Securities Board of Nepal (SEBON) has granted approval to Radhi Hydropower to float initial public offering.  The company is issuing 3,485,000 units of IPO with a face value of Rs 100 for the locals affected from the project. Nabil Investment Banking will be managing the issuance. ',
			'content' => '<p style="text-align: justify;">March 15: Securities Board of Nepal (SEBON) has granted approval to Radhi Hydropower to float initial public offering. &nbsp;The company is issuing 3,485,000 units of IPO with a face value of Rs 100 for the locals affected from the project. Nabil Investment Banking will be managing the issuance.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5313',
			'image' => '20170316043321_radhi_hydro.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5527',
			'article_category_id' => '1',
			'title' => '6th International Trade Fair Kicks Off in the Capital',
			'sub_title' => '',
			'summary' => 'March 16: The 6th International Trade Fair, organized by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has kicked off in the capital today.  Prime Minister Pushpa Kamal Dahal inaugurated the fair amid a program at Bhrikutimandap. The fair will run til March 20.',
			'content' => '<p style="text-align: justify;">March 16: The 6<sup>th</sup> International Trade Fair, organized by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has kicked off in the capital today. &nbsp;Prime Minister Pushpa Kamal Dahal inaugurated the fair amid a program at Bhrikutimandap. The fair will run til March 20.</p>

<p style="text-align: justify;">In the program, PM Dahal urges domestic and foreign investors to invest in Nepal given that the country has gradually become investment friendly after clearing up political confusion.</p>

<p style="text-align: justify;">Moreover, he added that the government is ready to work together with private sector to achieve the economic progress in the country.</p>

<p style="text-align: justify;">Similarly, Pashupati Muraraka, President of FNCCI said that the fair will be a platform for buyers, sellers and manufacturers.</p>

<p style="text-align: justify;">The fair has 340 domestic and foreign stalls. Countries including China, India, Bangladesh, Pakistan and Thailand is participating in the fair. The fair have handicrafts, tourism, information technology, agricultural products, energy, construction, education, medicines and iron and steel stalls. Similarly, the fair also includes various stalls of readymade dresses, leather products, new technology and equipments, food items, furniture, fashion wear, home decor and service sectors.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5312',
			'image' => '20170316024306_pm.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5526',
			'article_category_id' => '1',
			'title' => 'Government Aims to Eradicate Indoor Smoke By 2022',
			'sub_title' => '',
			'summary' => 'March 16: With an ambitious plan of eradicating indoor smoke in Nepalis’ home within next five years, Nepal Biomass Energy Strategy has been implemented. Jaydev Joshi, Environment Minister of Nepal published Biomass Energy Strategy prepared by Population and Environment Ministry together with Alternative Energy Promotion Centre (AEPC) on March 16.',
			'content' => '<p style="text-align: justify;">March 16: With an ambitious plan of eradicating indoor smoke in Nepalis&rsquo; home within next five years, Nepal Biomass Energy Strategy has been implemented. Jaydev Joshi, Environment Minister of Nepal published Biomass Energy Strategy prepared by Population and Environment Ministry together with Alternative Energy Promotion Centre (AEPC) on March 16.</p>

<p style="text-align: justify;">&ldquo;The policy has been implemented in order to preserve the environment and to develop traditional solid fuel (wood, animal dung and crop waste) into modern, sustainable and clean energy. &nbsp;The government expects that the strategy will help to reduce fuel import and dependency on LP gas. Moreover, the government aims to develop advanced biomass energy by generating energy from the wastage of urban areas which will also effectively manage the wastage.</p>

<p style="text-align: justify;">The strategy mentions that in order to achieve the government target, use of biodiesel and bio-ethanol will encouraged so that to reduce consumption of diesel and petrol by increasing production of biomass energy through the utilization of bio waste and agricultural leftovers. The technology will make every Nepali household smoke free, said the ministry. The government has claimed of making Nepal indoor smoke free within 2022 by promoting advance bio energy and ensuring reach of advance clean energy to each household by using solid fuel by 2030.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5311',
			'image' => '20170316124947_bio.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5525',
			'article_category_id' => '1',
			'title' => 'ADB Trains Contractors',
			'sub_title' => '',
			'summary' => 'March 16: Asian Development Bank (ADB) has supported in providing EGP training to contractors on March 15 in the capital. According to Binod KC, Secretary of Public Procurement Monitoring Office, the contractor should be more professional to solve challenges in construction sector. He said, "This type of training is required to make entrepreneurs more techno-friendly."  As per Sharad Kumar Gauchan, President of association, the government should provi',
			'content' => '<p style="text-align: justify;">March 16: Asian Development Bank (ADB) has supported in providing EGP training to contractors on March 15 in the capital. According to Binod KC, Secretary of Public Procurement Monitoring Office, the contractor should be more professional to solve challenges in construction sector. He said, &quot;This type of training is required to make entrepreneurs more techno-friendly.&quot; &nbsp;As per Sharad Kumar Gauchan, President of association, the government should provide all kinds of support required by contractors. Hari Sharan Pudasaini, Joint Secretary of PPMO and Manish Bhattarai, Director of PPMO provided the training to 50 participants participated in the training session.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5310',
			'image' => '20170316110909_adb.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5524',
			'article_category_id' => '1',
			'title' => 'Hyundai Open Golf-2017 to be Held',
			'sub_title' => '',
			'summary' => 'March 16: Laxmi Interncontinental, the authorised distributor of Hyundai vehicles for Nepal will be organising Hyundai Open Golf-2017 on March 18. According to the company, the open golf tournament will be played in 18 holes stable ford format and 3/4 handicap. The company informed that 100 golfers will compete in the tournament. As per the organiser, the prizes for the winners will be distributed in various categories such as first prize, runner up, best gross, fem',
			'content' => '<p style="text-align: justify;">March 16: Laxmi Interncontinental, the authorised distributor of Hyundai vehicles for Nepal will be organising Hyundai Open Golf-2017 on March 18. According to the company, the open golf tournament will be played in 18 holes stable ford format and 3/4 handicap. The company informed that 100 golfers will compete in the tournament. As per the organiser, the prizes for the winners will be distributed in various categories such as first prize, runner up, best gross, female winner, senior prize (60 years above), junior winner (below 17 years) and longest to the pin. Similarly, the winner of hole in one contest will get Hyundai Grand I10, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5309',
			'image' => '20170316104947_hyundai.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5523',
			'article_category_id' => '1',
			'title' => 'HR Meet 2017 on March 29',
			'sub_title' => '',
			'summary' => 'March 16:  Growth Sellers is organizing the 10th edition of human resource conference ‘HR Meet 2017’ on March 29 and 30.  The event being organized with a theme  ‘HR for all, all for HR’  will be attended by a total of 250 participants from governmental, semi-governmental, non-government and private sectors’ various organizations.',
			'content' => '<p style="text-align: justify;">March 16: &nbsp;Growth Sellers is organizing the 10th edition of human resource conference &lsquo;HR Meet 2017&rsquo; on March 29 and 30. &nbsp;The event being organized with a theme&nbsp; &lsquo;HR for all, all for HR&rsquo; &nbsp;will be attended by a total of 250 participants from governmental, semi-governmental, non-government and private sectors&rsquo; various organizations.</p>

<p style="text-align: justify;">&ldquo;The conference will have main speakers including Prof TV Rao, chairman of TVRLS, and Prof ISF Raj, faculty of Xavier Labour Relations Institute from India,&rdquo; informed Mohan Ojha, Chairman of Growth Sellers in a press conference organized on March 15. Apart from them, other prominent international and domestic speakers will also be attending the conference.</p>

<p style="text-align: justify;">According to the organizer, the conference will include panel discussions of CEOs and HR experts, parallel sessions and panel interviews.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5308',
			'image' => '20170316104748_hr.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5522',
			'article_category_id' => '1',
			'title' => '4th National Microfinance Summit Kicks Off',
			'sub_title' => '',
			'summary' => 'March 15: The 4th National Microfinance Summit has kicked off in the capital from today. The Summit was organized by the Center for Microfinance (CMF).',
			'content' => '<p style="text-align: justify;">March 15: The 4th National Microfinance Summit has kicked off in the capital from today. The Summit was organized by the Center for Microfinance (CMF).</p>

<p style="text-align: justify;">Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara inaugurated the three day summit. The Summit will be participated by more than 800 participants from government, microfinance institutions, development partners, Nepal Rastra Bank (NRB) and beneficiaries.</p>

<p style="text-align: justify;">In the inauguration program, Minister Mahara stressed the need to work on economic empowerment by consolidating the rural economy and regularizing the microfinance sector.</p>

<p style="text-align: justify;">Mahara highlighted the role of the microfinance in strengthening the rural and socialist economy and bringing the public under the ambit of financial awareness and literacy.</p>

<p style="text-align: justify;">Meanwhile, Dr Chiranjivi Nepal, Governor of the NRB criticized Nepali MFs of exploiting the public financially rather than helping in elimination of poverty. He pledged that microfinance fleecing the public would be brought to book.</p>

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

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5307',
			'image' => '20170315051836_mfin.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5521',
			'article_category_id' => '1',
			'title' => 'OPPO to Launch Dual Selfie Camera F3 Series in 5 markets',
			'sub_title' => '',
			'summary' => 'March 15: OPPO will launched its new dual selfie camera F3 Plus of F3 series across five markets on March 23. Issuing a press statement, the company informed that the F3 Series is OPPO’s first-ever dual selfie camera for the “Selfie Expert” which can capture high-quality images in a 16MP main-camera and 8MP sub-camera.',
			'content' => '<p style="text-align: justify;">March 15:&nbsp;OPPO will launched its new dual selfie camera F3 Plus of F3 series across five markets on March 23. Issuing a press statement, the company informed that the F3 Series is OPPO&rsquo;s first-ever dual selfie camera for the &ldquo;Selfie Expert&rdquo; which can capture high-quality images in a 16MP main-camera and 8MP sub-camera.</p>

<p style="text-align: justify;">According to the statement, OPPO will simultaneously launch F3 Plus of the F3 Series in five key markets including India, Indonesia, Myanmar, the Philippines and Vietnam. Large advertisements were also displayed on landmark buildings in Indonesia, Myanmar, Vietnam and the Philippines with highlight being in Times Square, New York.&nbsp;</p>

<p style="text-align: justify;">&ldquo;At OPPO, product innovation drives everything that we do, and it is our key brand value. The F3 Series will take selfie technology onto another level as well as it sets new trends. We are confident it will be a great success and will set a standard that others will follow,&rdquo; said Sky Li, OPPO Vice President and Managing Director of International Mobile Business.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/oppo2.jpg" style="height:647px; width:485px" /></p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5306',
			'image' => '20170315030557_oppo.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5520',
			'article_category_id' => '1',
			'title' => 'Berger Paints Announces ‘Berger Rangmanch’ Winners',
			'sub_title' => '',
			'summary' => 'March 15: Berger Paints has announced the winners of ‘Berger Rangmanch’ lucky draw contest amid a program on March 13. The company handed over Ford Figo to Pushpa Khatri as bumper prize winner of the contest. Pushpa Khatri said, "I never imagined winning car as prize after buying Berger Paints. I am so',
			'content' => '<p style="text-align:justify">March 15: Berger Paints has announced the winners of &lsquo;Berger Rangmanch&rsquo; lucky draw contest amid a program on March 13. The company handed over Ford Figo to Pushpa Khatri as bumper prize winner of the contest. Pushpa Khatri said, &quot;I never imagined winning car as prize after buying Berger Paints. I am so glad to win it.&quot; According to the company, Sangita Ale won Pulsar 220 under bumper prize where as Govinda Suwal and Bhum Prasad Subedi won 23 inches Samsung TVs. Similarly, 10 best home owners of Pokhara received cash prize, informed the company.&nbsp;</p>

<p style="text-align:justify">As per the company, Maya Devi Adhikari, Sarswoti Adhikari and Rajin Juharchan got Rs 100,000, Rs 50,000 and Rs 20,000 respectively. Moreover, Bal Keishna Adhikari, Deepa Gurung, Suresh Chandra Pahaari, Jash Bahadur Gurung, Chhiring Pemba Gurung, Dipawati Thapa and Kamala Ghimire Baral received Rs 20,000 each. The company handed over the prizes to its respective winners on the presence of actress Richa Sharma, reads a statement. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5305',
			'image' => '20170315024702_ford.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5519',
			'article_category_id' => '1',
			'title' => '4th Microfinance Summit Nepal, 2017 Begins Today',
			'sub_title' => '',
			'summary' => 'March 15: The 4th Microfinance Summit Nepal is being organized today at Yak &Yeti Hotel, Kathmandu. The Summit that is being organised with a slogan “Balancing Financial, Social and Human Values’ will end on March 17. According to organizer, the summit will address the problems, issues, challenges and difficulties faced by MFs and will search for solution through interactions of regulatory bodies and service providers.',
			'content' => '<p>4th Microfinance Summit Nepal, 2017 Begins Today</p>

<p>March 15: The 4th Microfinance Summit Nepal is being organized today at Yak &amp;Yeti Hotel, Kathmandu. The Summit that is being organised with a slogan &ldquo;Balancing Financial, Social and Human Values&rsquo; will end on March 17. According to organizer, the summit will address the problems, issues, challenges and difficulties faced by MFs and will search for solution through interactions of regulatory bodies and service providers.&nbsp;</p>

<p>The summit will have topics including State of Microfinance in Nepal, State of Microfinance in South Asia, Micro-Health Insurance in Nepal and Agriculture Value Chain Financing. It will also discuss on issues including Social Performance Management History, Concept and Status in Nepal and Challenges of Reaching the Challenges of Reaching the Poorest of the Poor and Enhancing Depth of Outreach (Poverty Targeting).Moreover, it will also include topics E-mapping Results and Implications for Microfinance Regulation, Financial Viability of MFIs, Migration: Products and Use of Remittances, Technological Innovations and many more in three days.&nbsp;</p>

<p>According to the organizers, the Summit will be a platform for visionaries and practitioners to meet, discuss, and craft the future of the microfinance sector. The Summit will bring together the diverse experiences of microfinance banks, cooperatives, NGOs and industry professionals to foster concrete results with a commitment to action. These stakeholders will come together in a cooperative forum to build on their strengths and similarities, thus improving the microfinance sector as a whole. The Summit will unite global experiences and Nepalese innovations in microfinance, allowing participants to learn from current successes and implement them across the country and around the world.&nbsp;</p>

<p>The Summit is expected to produce a declaration on the national state of microfinance, including procedures for change that have real practical value for the future after three days of information exchange.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5304',
			'image' => '20170315013822_MF.JPG',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5518',
			'article_category_id' => '1',
			'title' => 'Amended Company Act Eases Registration Cancellation',
			'sub_title' => '',
			'summary' => 'March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.',
			'content' => '<p style="text-align: justify;">March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.</p>

<p style="text-align: justify;">Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office.&nbsp;</p>

<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>

<p style="text-align: justify;">The act has also reduced the time limit for company registration.&nbsp; Earlier, it took 15 days to receive company registration certificate from the date of application submission which is now reduced to 7 seven days. Upon delay of registration, the registrar office should inform the company with reasons of delay within three days.</p>

<p style="text-align: justify;">The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5303',
			'image' => '20170315010825_company reg.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5517',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Concludes Buddhist Economic Program',
			'sub_title' => '',
			'summary' => 'March 15:  ‘Lumbini Buddhist University and Lumbini Research Centre for Understanding and Peace’ in collaboration of Citizens Bank International has organized an interaction program ‘Buddhist Economic’ under financial literacy on March 14. The program that was organized on March 14 in the capital had Professor Wolfgang Drechsier of Ragnar Nurkse School of Innovation and technology, Estonia as a Presenter. ',
			'content' => '<p style="text-align: justify;">March 15:&nbsp; &lsquo;Lumbini Buddhist University and Lumbini Research Centre for Understanding and Peace&rsquo; in collaboration of Citizens Bank International has organized an interaction program &lsquo;Buddhist Economic&rsquo; under financial literacy on March 14. The program that was organized on March 14 in the capital had Professor Wolfgang Drechsier of Ragnar Nurkse School of Innovation and technology, Estonia as a Presenter.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5302',
			'image' => '20170315121257_citizens bank.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5516',
			'article_category_id' => '1',
			'title' => 'Bajaj's New Year Scheme',
			'sub_title' => '',
			'summary' => 'March 15: Hansraj Hulaschand, the authorized distributor of Bajaj motorcycle for Nepal has launched new scheme 'Beautiful Nepal' on the occasion of coming New Year 2074. Issuing a press statement, the company informed of launching the scheme with a slogan 'Travel Terai, Hills and Mountain with Bajaj'.',
			'content' => '<p style="text-align: justify;">March 15: Hansraj Hulaschand, the authorized distributor of Bajaj motorcycle for Nepal has launched new scheme &#39;Beautiful Nepal&#39; on the occasion of coming New Year 2074. Issuing a press statement, the company informed of launching the scheme with a slogan &#39;Travel Terai, Hills and Mountain with Bajaj&#39;.</p>

<p style="text-align: justify;">According to the company, the customers buying Bajaj two-wheelers will get Rs 7,400 discount under &#39;Rs 7,400 sureshot offer&#39;. After that, the buyers will automatically enter into lucky-draw contest through &nbsp;which a lucky winner can win trip around Nepal worth Rs 74,000, informs the company. The company informed that the winner of lucky-draw will be announced in AV News channel after 8 o&#39; clock bulletin. Shekhar Golchha, Executive Director of the company said, &ldquo;The campaign will promote various geographies of Nepal to the people.&quot;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5301',
			'image' => '20170315121129_bajaj.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5515',
			'article_category_id' => '1',
			'title' => 'KC appointed CEO of NMB',
			'sub_title' => '',
			'summary' => 'March 15: Sunil KC has been appointed as chief executive officer (CEO) of NMB Bank. In a program organized on March 14, KC took oath in front of Pawan Kumar Golyan, Chairman of the bank. Earlier, KC was serving the bank as Deputy CEO. He was with the bank since last eight years. KC who is in the banking sector for last 27 years is known for his analytical skills. ',
			'content' => '<p style="text-align: justify;">March 15: Sunil KC has been appointed as chief executive officer (CEO) of NMB Bank. In a program organized on March 14, KC took oath in front of Pawan Kumar Golyan, Chairman of the bank. Earlier, KC was serving the bank as Deputy CEO. He was with the bank since last eight years. KC who is in the banking sector for last 27 years is known for his analytical skills.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5300',
			'image' => '20170315110622_nmb.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5529',
			'article_category_id' => '1',
			'title' => ''Government is Fully Committed to Control Financial Crimes'',
			'sub_title' => 'EO's learning event on Anti Money Laundering',
			'summary' => '16 March: The Entrepreneurs' Organization (EO) Nepal has organized a learning event on 'Anti Money Laundering and Terrorist Financing (AML/TF) in Nepal’ for young entrepreneurs. The event held in Kathmandu basically focused on demarcation between money laundering and tax evasion, legal frameworks and contribution of business sector to control it.',
			'content' => '<p style="text-align:justify">16 March: The Entrepreneurs&#39; Organization (EO) Nepal has organized a learning event on &#39;Anti Money Laundering and Terrorist Financing (AML/TF) in Nepal&rsquo; for young entrepreneurs. The event held in Kathmandu basically focused on demarcation between money laundering and tax evasion, legal frameworks and contribution of business sector to control it.</p>

<p style="text-align:justify">&nbsp;Hari Kumar Nepal, Deputy Director of Financial Information Unit, Nepal Rastra Bank &nbsp;and chief speaker of the event said that the government is fully committed to control any form of financial crime including money laundering and tax evasion. &ldquo;Money Laundering and Terrorist Financing (AML/TF) is now not issue of Nepal only but it has dragged attention of governments all over the world and other international organizations,&rdquo; he said adding, &ldquo;Government of Nepal is serious on this matter and leaves no stone unturned to eradicate such practices.&rdquo; He also stressed that Money laundering has worsen not only the business sector only but also politics and administration.</p>

<p style="text-align:justify">&#39;Surveys show that more than 3.6 % of global GDP is earned through criminal activities. If we add amount of tax evasion to it, the result is shockingly high,&#39; Nepal added, &ldquo;But one has to be aware of the fact that each and every business started with black money is a crime. And, one cannot get peace of mind with black money.&rdquo;</p>

<p style="text-align:justify">&ldquo;Although we still lack concrete measures of financial crimes in Nepal, there is very few chance that one can escape from this crime,&rdquo; he said, &ldquo;Tax evasion supported by corruption is the biggest challenge of Nepal. It starts right from a general landlord to show low rental charge to evade tax. So, it is very much difficult to bring this all in track.&rdquo;</p>

<p style="text-align:justify">According to Nepal, the government has introduced some of the measures to check money laundering. &ldquo;We will soon have regulations like prohibition of cash transaction higher than 10 lakh rupees and not allowing saving account for business transactions. We hope that this will contribute in controlling money laundering,&rdquo; he added.</p>

<p style="text-align:justify">The event was followed by an interaction session where young entrepreneurs and EO members shared their view on how business sector can work together with government to implement the measures to control financial crimes.</p>

<p style="text-align:justify">The Nepal Chapter of EO has been working as the catalyst to enable leading entrepreneurs to learn and grow, leading to greater success in business and beyond. The Entrepreneurs&rsquo; Organization (EO)&nbsp;is a global, peer-to-peer network of more than&nbsp;12,000&nbsp;influential business owners with&nbsp;160&nbsp;chapters in&nbsp;50&nbsp;countries.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5314',
			'image' => '20170316053507_anti money.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5528',
			'article_category_id' => '1',
			'title' => 'Radhi Hydropower Set to Issue 3.4 Mn Units Primary Shares',
			'sub_title' => '',
			'summary' => 'March 15: Securities Board of Nepal (SEBON) has granted approval to Radhi Hydropower to float initial public offering.  The company is issuing 3,485,000 units of IPO with a face value of Rs 100 for the locals affected from the project. Nabil Investment Banking will be managing the issuance. ',
			'content' => '<p style="text-align: justify;">March 15: Securities Board of Nepal (SEBON) has granted approval to Radhi Hydropower to float initial public offering. &nbsp;The company is issuing 3,485,000 units of IPO with a face value of Rs 100 for the locals affected from the project. Nabil Investment Banking will be managing the issuance.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5313',
			'image' => '20170316043321_radhi_hydro.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5527',
			'article_category_id' => '1',
			'title' => '6th International Trade Fair Kicks Off in the Capital',
			'sub_title' => '',
			'summary' => 'March 16: The 6th International Trade Fair, organized by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has kicked off in the capital today.  Prime Minister Pushpa Kamal Dahal inaugurated the fair amid a program at Bhrikutimandap. The fair will run til March 20.',
			'content' => '<p style="text-align: justify;">March 16: The 6<sup>th</sup> International Trade Fair, organized by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has kicked off in the capital today. &nbsp;Prime Minister Pushpa Kamal Dahal inaugurated the fair amid a program at Bhrikutimandap. The fair will run til March 20.</p>

<p style="text-align: justify;">In the program, PM Dahal urges domestic and foreign investors to invest in Nepal given that the country has gradually become investment friendly after clearing up political confusion.</p>

<p style="text-align: justify;">Moreover, he added that the government is ready to work together with private sector to achieve the economic progress in the country.</p>

<p style="text-align: justify;">Similarly, Pashupati Muraraka, President of FNCCI said that the fair will be a platform for buyers, sellers and manufacturers.</p>

<p style="text-align: justify;">The fair has 340 domestic and foreign stalls. Countries including China, India, Bangladesh, Pakistan and Thailand is participating in the fair. The fair have handicrafts, tourism, information technology, agricultural products, energy, construction, education, medicines and iron and steel stalls. Similarly, the fair also includes various stalls of readymade dresses, leather products, new technology and equipments, food items, furniture, fashion wear, home decor and service sectors.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5312',
			'image' => '20170316024306_pm.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5526',
			'article_category_id' => '1',
			'title' => 'Government Aims to Eradicate Indoor Smoke By 2022',
			'sub_title' => '',
			'summary' => 'March 16: With an ambitious plan of eradicating indoor smoke in Nepalis’ home within next five years, Nepal Biomass Energy Strategy has been implemented. Jaydev Joshi, Environment Minister of Nepal published Biomass Energy Strategy prepared by Population and Environment Ministry together with Alternative Energy Promotion Centre (AEPC) on March 16.',
			'content' => '<p style="text-align: justify;">March 16: With an ambitious plan of eradicating indoor smoke in Nepalis&rsquo; home within next five years, Nepal Biomass Energy Strategy has been implemented. Jaydev Joshi, Environment Minister of Nepal published Biomass Energy Strategy prepared by Population and Environment Ministry together with Alternative Energy Promotion Centre (AEPC) on March 16.</p>

<p style="text-align: justify;">&ldquo;The policy has been implemented in order to preserve the environment and to develop traditional solid fuel (wood, animal dung and crop waste) into modern, sustainable and clean energy. &nbsp;The government expects that the strategy will help to reduce fuel import and dependency on LP gas. Moreover, the government aims to develop advanced biomass energy by generating energy from the wastage of urban areas which will also effectively manage the wastage.</p>

<p style="text-align: justify;">The strategy mentions that in order to achieve the government target, use of biodiesel and bio-ethanol will encouraged so that to reduce consumption of diesel and petrol by increasing production of biomass energy through the utilization of bio waste and agricultural leftovers. The technology will make every Nepali household smoke free, said the ministry. The government has claimed of making Nepal indoor smoke free within 2022 by promoting advance bio energy and ensuring reach of advance clean energy to each household by using solid fuel by 2030.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5311',
			'image' => '20170316124947_bio.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5525',
			'article_category_id' => '1',
			'title' => 'ADB Trains Contractors',
			'sub_title' => '',
			'summary' => 'March 16: Asian Development Bank (ADB) has supported in providing EGP training to contractors on March 15 in the capital. According to Binod KC, Secretary of Public Procurement Monitoring Office, the contractor should be more professional to solve challenges in construction sector. He said, "This type of training is required to make entrepreneurs more techno-friendly."  As per Sharad Kumar Gauchan, President of association, the government should provi',
			'content' => '<p style="text-align: justify;">March 16: Asian Development Bank (ADB) has supported in providing EGP training to contractors on March 15 in the capital. According to Binod KC, Secretary of Public Procurement Monitoring Office, the contractor should be more professional to solve challenges in construction sector. He said, &quot;This type of training is required to make entrepreneurs more techno-friendly.&quot; &nbsp;As per Sharad Kumar Gauchan, President of association, the government should provide all kinds of support required by contractors. Hari Sharan Pudasaini, Joint Secretary of PPMO and Manish Bhattarai, Director of PPMO provided the training to 50 participants participated in the training session.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5310',
			'image' => '20170316110909_adb.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5524',
			'article_category_id' => '1',
			'title' => 'Hyundai Open Golf-2017 to be Held',
			'sub_title' => '',
			'summary' => 'March 16: Laxmi Interncontinental, the authorised distributor of Hyundai vehicles for Nepal will be organising Hyundai Open Golf-2017 on March 18. According to the company, the open golf tournament will be played in 18 holes stable ford format and 3/4 handicap. The company informed that 100 golfers will compete in the tournament. As per the organiser, the prizes for the winners will be distributed in various categories such as first prize, runner up, best gross, fem',
			'content' => '<p style="text-align: justify;">March 16: Laxmi Interncontinental, the authorised distributor of Hyundai vehicles for Nepal will be organising Hyundai Open Golf-2017 on March 18. According to the company, the open golf tournament will be played in 18 holes stable ford format and 3/4 handicap. The company informed that 100 golfers will compete in the tournament. As per the organiser, the prizes for the winners will be distributed in various categories such as first prize, runner up, best gross, female winner, senior prize (60 years above), junior winner (below 17 years) and longest to the pin. Similarly, the winner of hole in one contest will get Hyundai Grand I10, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5309',
			'image' => '20170316104947_hyundai.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5523',
			'article_category_id' => '1',
			'title' => 'HR Meet 2017 on March 29',
			'sub_title' => '',
			'summary' => 'March 16:  Growth Sellers is organizing the 10th edition of human resource conference ‘HR Meet 2017’ on March 29 and 30.  The event being organized with a theme  ‘HR for all, all for HR’  will be attended by a total of 250 participants from governmental, semi-governmental, non-government and private sectors’ various organizations.',
			'content' => '<p style="text-align: justify;">March 16: &nbsp;Growth Sellers is organizing the 10th edition of human resource conference &lsquo;HR Meet 2017&rsquo; on March 29 and 30. &nbsp;The event being organized with a theme&nbsp; &lsquo;HR for all, all for HR&rsquo; &nbsp;will be attended by a total of 250 participants from governmental, semi-governmental, non-government and private sectors&rsquo; various organizations.</p>

<p style="text-align: justify;">&ldquo;The conference will have main speakers including Prof TV Rao, chairman of TVRLS, and Prof ISF Raj, faculty of Xavier Labour Relations Institute from India,&rdquo; informed Mohan Ojha, Chairman of Growth Sellers in a press conference organized on March 15. Apart from them, other prominent international and domestic speakers will also be attending the conference.</p>

<p style="text-align: justify;">According to the organizer, the conference will include panel discussions of CEOs and HR experts, parallel sessions and panel interviews.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5308',
			'image' => '20170316104748_hr.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5522',
			'article_category_id' => '1',
			'title' => '4th National Microfinance Summit Kicks Off',
			'sub_title' => '',
			'summary' => 'March 15: The 4th National Microfinance Summit has kicked off in the capital from today. The Summit was organized by the Center for Microfinance (CMF).',
			'content' => '<p style="text-align: justify;">March 15: The 4th National Microfinance Summit has kicked off in the capital from today. The Summit was organized by the Center for Microfinance (CMF).</p>

<p style="text-align: justify;">Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara inaugurated the three day summit. The Summit will be participated by more than 800 participants from government, microfinance institutions, development partners, Nepal Rastra Bank (NRB) and beneficiaries.</p>

<p style="text-align: justify;">In the inauguration program, Minister Mahara stressed the need to work on economic empowerment by consolidating the rural economy and regularizing the microfinance sector.</p>

<p style="text-align: justify;">Mahara highlighted the role of the microfinance in strengthening the rural and socialist economy and bringing the public under the ambit of financial awareness and literacy.</p>

<p style="text-align: justify;">Meanwhile, Dr Chiranjivi Nepal, Governor of the NRB criticized Nepali MFs of exploiting the public financially rather than helping in elimination of poverty. He pledged that microfinance fleecing the public would be brought to book.</p>

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

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5307',
			'image' => '20170315051836_mfin.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5521',
			'article_category_id' => '1',
			'title' => 'OPPO to Launch Dual Selfie Camera F3 Series in 5 markets',
			'sub_title' => '',
			'summary' => 'March 15: OPPO will launched its new dual selfie camera F3 Plus of F3 series across five markets on March 23. Issuing a press statement, the company informed that the F3 Series is OPPO’s first-ever dual selfie camera for the “Selfie Expert” which can capture high-quality images in a 16MP main-camera and 8MP sub-camera.',
			'content' => '<p style="text-align: justify;">March 15:&nbsp;OPPO will launched its new dual selfie camera F3 Plus of F3 series across five markets on March 23. Issuing a press statement, the company informed that the F3 Series is OPPO&rsquo;s first-ever dual selfie camera for the &ldquo;Selfie Expert&rdquo; which can capture high-quality images in a 16MP main-camera and 8MP sub-camera.</p>

<p style="text-align: justify;">According to the statement, OPPO will simultaneously launch F3 Plus of the F3 Series in five key markets including India, Indonesia, Myanmar, the Philippines and Vietnam. Large advertisements were also displayed on landmark buildings in Indonesia, Myanmar, Vietnam and the Philippines with highlight being in Times Square, New York.&nbsp;</p>

<p style="text-align: justify;">&ldquo;At OPPO, product innovation drives everything that we do, and it is our key brand value. The F3 Series will take selfie technology onto another level as well as it sets new trends. We are confident it will be a great success and will set a standard that others will follow,&rdquo; said Sky Li, OPPO Vice President and Managing Director of International Mobile Business.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/oppo2.jpg" style="height:647px; width:485px" /></p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5306',
			'image' => '20170315030557_oppo.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5520',
			'article_category_id' => '1',
			'title' => 'Berger Paints Announces ‘Berger Rangmanch’ Winners',
			'sub_title' => '',
			'summary' => 'March 15: Berger Paints has announced the winners of ‘Berger Rangmanch’ lucky draw contest amid a program on March 13. The company handed over Ford Figo to Pushpa Khatri as bumper prize winner of the contest. Pushpa Khatri said, "I never imagined winning car as prize after buying Berger Paints. I am so',
			'content' => '<p style="text-align:justify">March 15: Berger Paints has announced the winners of &lsquo;Berger Rangmanch&rsquo; lucky draw contest amid a program on March 13. The company handed over Ford Figo to Pushpa Khatri as bumper prize winner of the contest. Pushpa Khatri said, &quot;I never imagined winning car as prize after buying Berger Paints. I am so glad to win it.&quot; According to the company, Sangita Ale won Pulsar 220 under bumper prize where as Govinda Suwal and Bhum Prasad Subedi won 23 inches Samsung TVs. Similarly, 10 best home owners of Pokhara received cash prize, informed the company.&nbsp;</p>

<p style="text-align:justify">As per the company, Maya Devi Adhikari, Sarswoti Adhikari and Rajin Juharchan got Rs 100,000, Rs 50,000 and Rs 20,000 respectively. Moreover, Bal Keishna Adhikari, Deepa Gurung, Suresh Chandra Pahaari, Jash Bahadur Gurung, Chhiring Pemba Gurung, Dipawati Thapa and Kamala Ghimire Baral received Rs 20,000 each. The company handed over the prizes to its respective winners on the presence of actress Richa Sharma, reads a statement. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5305',
			'image' => '20170315024702_ford.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5519',
			'article_category_id' => '1',
			'title' => '4th Microfinance Summit Nepal, 2017 Begins Today',
			'sub_title' => '',
			'summary' => 'March 15: The 4th Microfinance Summit Nepal is being organized today at Yak &Yeti Hotel, Kathmandu. The Summit that is being organised with a slogan “Balancing Financial, Social and Human Values’ will end on March 17. According to organizer, the summit will address the problems, issues, challenges and difficulties faced by MFs and will search for solution through interactions of regulatory bodies and service providers.',
			'content' => '<p>4th Microfinance Summit Nepal, 2017 Begins Today</p>

<p>March 15: The 4th Microfinance Summit Nepal is being organized today at Yak &amp;Yeti Hotel, Kathmandu. The Summit that is being organised with a slogan &ldquo;Balancing Financial, Social and Human Values&rsquo; will end on March 17. According to organizer, the summit will address the problems, issues, challenges and difficulties faced by MFs and will search for solution through interactions of regulatory bodies and service providers.&nbsp;</p>

<p>The summit will have topics including State of Microfinance in Nepal, State of Microfinance in South Asia, Micro-Health Insurance in Nepal and Agriculture Value Chain Financing. It will also discuss on issues including Social Performance Management History, Concept and Status in Nepal and Challenges of Reaching the Challenges of Reaching the Poorest of the Poor and Enhancing Depth of Outreach (Poverty Targeting).Moreover, it will also include topics E-mapping Results and Implications for Microfinance Regulation, Financial Viability of MFIs, Migration: Products and Use of Remittances, Technological Innovations and many more in three days.&nbsp;</p>

<p>According to the organizers, the Summit will be a platform for visionaries and practitioners to meet, discuss, and craft the future of the microfinance sector. The Summit will bring together the diverse experiences of microfinance banks, cooperatives, NGOs and industry professionals to foster concrete results with a commitment to action. These stakeholders will come together in a cooperative forum to build on their strengths and similarities, thus improving the microfinance sector as a whole. The Summit will unite global experiences and Nepalese innovations in microfinance, allowing participants to learn from current successes and implement them across the country and around the world.&nbsp;</p>

<p>The Summit is expected to produce a declaration on the national state of microfinance, including procedures for change that have real practical value for the future after three days of information exchange.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5304',
			'image' => '20170315013822_MF.JPG',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5518',
			'article_category_id' => '1',
			'title' => 'Amended Company Act Eases Registration Cancellation',
			'sub_title' => '',
			'summary' => 'March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.',
			'content' => '<p style="text-align: justify;">March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.</p>

<p style="text-align: justify;">Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office.&nbsp;</p>

<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>

<p style="text-align: justify;">The act has also reduced the time limit for company registration.&nbsp; Earlier, it took 15 days to receive company registration certificate from the date of application submission which is now reduced to 7 seven days. Upon delay of registration, the registrar office should inform the company with reasons of delay within three days.</p>

<p style="text-align: justify;">The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5303',
			'image' => '20170315010825_company reg.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5517',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Concludes Buddhist Economic Program',
			'sub_title' => '',
			'summary' => 'March 15:  ‘Lumbini Buddhist University and Lumbini Research Centre for Understanding and Peace’ in collaboration of Citizens Bank International has organized an interaction program ‘Buddhist Economic’ under financial literacy on March 14. The program that was organized on March 14 in the capital had Professor Wolfgang Drechsier of Ragnar Nurkse School of Innovation and technology, Estonia as a Presenter. ',
			'content' => '<p style="text-align: justify;">March 15:&nbsp; &lsquo;Lumbini Buddhist University and Lumbini Research Centre for Understanding and Peace&rsquo; in collaboration of Citizens Bank International has organized an interaction program &lsquo;Buddhist Economic&rsquo; under financial literacy on March 14. The program that was organized on March 14 in the capital had Professor Wolfgang Drechsier of Ragnar Nurkse School of Innovation and technology, Estonia as a Presenter.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5302',
			'image' => '20170315121257_citizens bank.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5516',
			'article_category_id' => '1',
			'title' => 'Bajaj's New Year Scheme',
			'sub_title' => '',
			'summary' => 'March 15: Hansraj Hulaschand, the authorized distributor of Bajaj motorcycle for Nepal has launched new scheme 'Beautiful Nepal' on the occasion of coming New Year 2074. Issuing a press statement, the company informed of launching the scheme with a slogan 'Travel Terai, Hills and Mountain with Bajaj'.',
			'content' => '<p style="text-align: justify;">March 15: Hansraj Hulaschand, the authorized distributor of Bajaj motorcycle for Nepal has launched new scheme &#39;Beautiful Nepal&#39; on the occasion of coming New Year 2074. Issuing a press statement, the company informed of launching the scheme with a slogan &#39;Travel Terai, Hills and Mountain with Bajaj&#39;.</p>

<p style="text-align: justify;">According to the company, the customers buying Bajaj two-wheelers will get Rs 7,400 discount under &#39;Rs 7,400 sureshot offer&#39;. After that, the buyers will automatically enter into lucky-draw contest through &nbsp;which a lucky winner can win trip around Nepal worth Rs 74,000, informs the company. The company informed that the winner of lucky-draw will be announced in AV News channel after 8 o&#39; clock bulletin. Shekhar Golchha, Executive Director of the company said, &ldquo;The campaign will promote various geographies of Nepal to the people.&quot;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5301',
			'image' => '20170315121129_bajaj.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5515',
			'article_category_id' => '1',
			'title' => 'KC appointed CEO of NMB',
			'sub_title' => '',
			'summary' => 'March 15: Sunil KC has been appointed as chief executive officer (CEO) of NMB Bank. In a program organized on March 14, KC took oath in front of Pawan Kumar Golyan, Chairman of the bank. Earlier, KC was serving the bank as Deputy CEO. He was with the bank since last eight years. KC who is in the banking sector for last 27 years is known for his analytical skills. ',
			'content' => '<p style="text-align: justify;">March 15: Sunil KC has been appointed as chief executive officer (CEO) of NMB Bank. In a program organized on March 14, KC took oath in front of Pawan Kumar Golyan, Chairman of the bank. Earlier, KC was serving the bank as Deputy CEO. He was with the bank since last eight years. KC who is in the banking sector for last 27 years is known for his analytical skills.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5300',
			'image' => '20170315110622_nmb.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 1 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 2 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 3 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 4 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 5 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 6 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 7 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 9 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 10 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 11 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 12 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 13 => array(
			'Article' => array(
				[maximum depth reached]
			)
		),
		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
	),
	'current_user' => null,
	'logged_in' => false
)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5529',
			'article_category_id' => '1',
			'title' => ''Government is Fully Committed to Control Financial Crimes'',
			'sub_title' => 'EO's learning event on Anti Money Laundering',
			'summary' => '16 March: The Entrepreneurs' Organization (EO) Nepal has organized a learning event on 'Anti Money Laundering and Terrorist Financing (AML/TF) in Nepal’ for young entrepreneurs. The event held in Kathmandu basically focused on demarcation between money laundering and tax evasion, legal frameworks and contribution of business sector to control it.',
			'content' => '<p style="text-align:justify">16 March: The Entrepreneurs&#39; Organization (EO) Nepal has organized a learning event on &#39;Anti Money Laundering and Terrorist Financing (AML/TF) in Nepal&rsquo; for young entrepreneurs. The event held in Kathmandu basically focused on demarcation between money laundering and tax evasion, legal frameworks and contribution of business sector to control it.</p>

<p style="text-align:justify">&nbsp;Hari Kumar Nepal, Deputy Director of Financial Information Unit, Nepal Rastra Bank &nbsp;and chief speaker of the event said that the government is fully committed to control any form of financial crime including money laundering and tax evasion. &ldquo;Money Laundering and Terrorist Financing (AML/TF) is now not issue of Nepal only but it has dragged attention of governments all over the world and other international organizations,&rdquo; he said adding, &ldquo;Government of Nepal is serious on this matter and leaves no stone unturned to eradicate such practices.&rdquo; He also stressed that Money laundering has worsen not only the business sector only but also politics and administration.</p>

<p style="text-align:justify">&#39;Surveys show that more than 3.6 % of global GDP is earned through criminal activities. If we add amount of tax evasion to it, the result is shockingly high,&#39; Nepal added, &ldquo;But one has to be aware of the fact that each and every business started with black money is a crime. And, one cannot get peace of mind with black money.&rdquo;</p>

<p style="text-align:justify">&ldquo;Although we still lack concrete measures of financial crimes in Nepal, there is very few chance that one can escape from this crime,&rdquo; he said, &ldquo;Tax evasion supported by corruption is the biggest challenge of Nepal. It starts right from a general landlord to show low rental charge to evade tax. So, it is very much difficult to bring this all in track.&rdquo;</p>

<p style="text-align:justify">According to Nepal, the government has introduced some of the measures to check money laundering. &ldquo;We will soon have regulations like prohibition of cash transaction higher than 10 lakh rupees and not allowing saving account for business transactions. We hope that this will contribute in controlling money laundering,&rdquo; he added.</p>

<p style="text-align:justify">The event was followed by an interaction session where young entrepreneurs and EO members shared their view on how business sector can work together with government to implement the measures to control financial crimes.</p>

<p style="text-align:justify">The Nepal Chapter of EO has been working as the catalyst to enable leading entrepreneurs to learn and grow, leading to greater success in business and beyond. The Entrepreneurs&rsquo; Organization (EO)&nbsp;is a global, peer-to-peer network of more than&nbsp;12,000&nbsp;influential business owners with&nbsp;160&nbsp;chapters in&nbsp;50&nbsp;countries.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5314',
			'image' => '20170316053507_anti money.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5528',
			'article_category_id' => '1',
			'title' => 'Radhi Hydropower Set to Issue 3.4 Mn Units Primary Shares',
			'sub_title' => '',
			'summary' => 'March 15: Securities Board of Nepal (SEBON) has granted approval to Radhi Hydropower to float initial public offering.  The company is issuing 3,485,000 units of IPO with a face value of Rs 100 for the locals affected from the project. Nabil Investment Banking will be managing the issuance. ',
			'content' => '<p style="text-align: justify;">March 15: Securities Board of Nepal (SEBON) has granted approval to Radhi Hydropower to float initial public offering. &nbsp;The company is issuing 3,485,000 units of IPO with a face value of Rs 100 for the locals affected from the project. Nabil Investment Banking will be managing the issuance.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5313',
			'image' => '20170316043321_radhi_hydro.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5527',
			'article_category_id' => '1',
			'title' => '6th International Trade Fair Kicks Off in the Capital',
			'sub_title' => '',
			'summary' => 'March 16: The 6th International Trade Fair, organized by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has kicked off in the capital today.  Prime Minister Pushpa Kamal Dahal inaugurated the fair amid a program at Bhrikutimandap. The fair will run til March 20.',
			'content' => '<p style="text-align: justify;">March 16: The 6<sup>th</sup> International Trade Fair, organized by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has kicked off in the capital today. &nbsp;Prime Minister Pushpa Kamal Dahal inaugurated the fair amid a program at Bhrikutimandap. The fair will run til March 20.</p>

<p style="text-align: justify;">In the program, PM Dahal urges domestic and foreign investors to invest in Nepal given that the country has gradually become investment friendly after clearing up political confusion.</p>

<p style="text-align: justify;">Moreover, he added that the government is ready to work together with private sector to achieve the economic progress in the country.</p>

<p style="text-align: justify;">Similarly, Pashupati Muraraka, President of FNCCI said that the fair will be a platform for buyers, sellers and manufacturers.</p>

<p style="text-align: justify;">The fair has 340 domestic and foreign stalls. Countries including China, India, Bangladesh, Pakistan and Thailand is participating in the fair. The fair have handicrafts, tourism, information technology, agricultural products, energy, construction, education, medicines and iron and steel stalls. Similarly, the fair also includes various stalls of readymade dresses, leather products, new technology and equipments, food items, furniture, fashion wear, home decor and service sectors.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5312',
			'image' => '20170316024306_pm.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5526',
			'article_category_id' => '1',
			'title' => 'Government Aims to Eradicate Indoor Smoke By 2022',
			'sub_title' => '',
			'summary' => 'March 16: With an ambitious plan of eradicating indoor smoke in Nepalis’ home within next five years, Nepal Biomass Energy Strategy has been implemented. Jaydev Joshi, Environment Minister of Nepal published Biomass Energy Strategy prepared by Population and Environment Ministry together with Alternative Energy Promotion Centre (AEPC) on March 16.',
			'content' => '<p style="text-align: justify;">March 16: With an ambitious plan of eradicating indoor smoke in Nepalis&rsquo; home within next five years, Nepal Biomass Energy Strategy has been implemented. Jaydev Joshi, Environment Minister of Nepal published Biomass Energy Strategy prepared by Population and Environment Ministry together with Alternative Energy Promotion Centre (AEPC) on March 16.</p>

<p style="text-align: justify;">&ldquo;The policy has been implemented in order to preserve the environment and to develop traditional solid fuel (wood, animal dung and crop waste) into modern, sustainable and clean energy. &nbsp;The government expects that the strategy will help to reduce fuel import and dependency on LP gas. Moreover, the government aims to develop advanced biomass energy by generating energy from the wastage of urban areas which will also effectively manage the wastage.</p>

<p style="text-align: justify;">The strategy mentions that in order to achieve the government target, use of biodiesel and bio-ethanol will encouraged so that to reduce consumption of diesel and petrol by increasing production of biomass energy through the utilization of bio waste and agricultural leftovers. The technology will make every Nepali household smoke free, said the ministry. The government has claimed of making Nepal indoor smoke free within 2022 by promoting advance bio energy and ensuring reach of advance clean energy to each household by using solid fuel by 2030.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5311',
			'image' => '20170316124947_bio.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5525',
			'article_category_id' => '1',
			'title' => 'ADB Trains Contractors',
			'sub_title' => '',
			'summary' => 'March 16: Asian Development Bank (ADB) has supported in providing EGP training to contractors on March 15 in the capital. According to Binod KC, Secretary of Public Procurement Monitoring Office, the contractor should be more professional to solve challenges in construction sector. He said, "This type of training is required to make entrepreneurs more techno-friendly."  As per Sharad Kumar Gauchan, President of association, the government should provi',
			'content' => '<p style="text-align: justify;">March 16: Asian Development Bank (ADB) has supported in providing EGP training to contractors on March 15 in the capital. According to Binod KC, Secretary of Public Procurement Monitoring Office, the contractor should be more professional to solve challenges in construction sector. He said, &quot;This type of training is required to make entrepreneurs more techno-friendly.&quot; &nbsp;As per Sharad Kumar Gauchan, President of association, the government should provide all kinds of support required by contractors. Hari Sharan Pudasaini, Joint Secretary of PPMO and Manish Bhattarai, Director of PPMO provided the training to 50 participants participated in the training session.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5310',
			'image' => '20170316110909_adb.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5524',
			'article_category_id' => '1',
			'title' => 'Hyundai Open Golf-2017 to be Held',
			'sub_title' => '',
			'summary' => 'March 16: Laxmi Interncontinental, the authorised distributor of Hyundai vehicles for Nepal will be organising Hyundai Open Golf-2017 on March 18. According to the company, the open golf tournament will be played in 18 holes stable ford format and 3/4 handicap. The company informed that 100 golfers will compete in the tournament. As per the organiser, the prizes for the winners will be distributed in various categories such as first prize, runner up, best gross, fem',
			'content' => '<p style="text-align: justify;">March 16: Laxmi Interncontinental, the authorised distributor of Hyundai vehicles for Nepal will be organising Hyundai Open Golf-2017 on March 18. According to the company, the open golf tournament will be played in 18 holes stable ford format and 3/4 handicap. The company informed that 100 golfers will compete in the tournament. As per the organiser, the prizes for the winners will be distributed in various categories such as first prize, runner up, best gross, female winner, senior prize (60 years above), junior winner (below 17 years) and longest to the pin. Similarly, the winner of hole in one contest will get Hyundai Grand I10, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5309',
			'image' => '20170316104947_hyundai.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5523',
			'article_category_id' => '1',
			'title' => 'HR Meet 2017 on March 29',
			'sub_title' => '',
			'summary' => 'March 16:  Growth Sellers is organizing the 10th edition of human resource conference ‘HR Meet 2017’ on March 29 and 30.  The event being organized with a theme  ‘HR for all, all for HR’  will be attended by a total of 250 participants from governmental, semi-governmental, non-government and private sectors’ various organizations.',
			'content' => '<p style="text-align: justify;">March 16: &nbsp;Growth Sellers is organizing the 10th edition of human resource conference &lsquo;HR Meet 2017&rsquo; on March 29 and 30. &nbsp;The event being organized with a theme&nbsp; &lsquo;HR for all, all for HR&rsquo; &nbsp;will be attended by a total of 250 participants from governmental, semi-governmental, non-government and private sectors&rsquo; various organizations.</p>

<p style="text-align: justify;">&ldquo;The conference will have main speakers including Prof TV Rao, chairman of TVRLS, and Prof ISF Raj, faculty of Xavier Labour Relations Institute from India,&rdquo; informed Mohan Ojha, Chairman of Growth Sellers in a press conference organized on March 15. Apart from them, other prominent international and domestic speakers will also be attending the conference.</p>

<p style="text-align: justify;">According to the organizer, the conference will include panel discussions of CEOs and HR experts, parallel sessions and panel interviews.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5308',
			'image' => '20170316104748_hr.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5522',
			'article_category_id' => '1',
			'title' => '4th National Microfinance Summit Kicks Off',
			'sub_title' => '',
			'summary' => 'March 15: The 4th National Microfinance Summit has kicked off in the capital from today. The Summit was organized by the Center for Microfinance (CMF).',
			'content' => '<p style="text-align: justify;">March 15: The 4th National Microfinance Summit has kicked off in the capital from today. The Summit was organized by the Center for Microfinance (CMF).</p>

<p style="text-align: justify;">Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara inaugurated the three day summit. The Summit will be participated by more than 800 participants from government, microfinance institutions, development partners, Nepal Rastra Bank (NRB) and beneficiaries.</p>

<p style="text-align: justify;">In the inauguration program, Minister Mahara stressed the need to work on economic empowerment by consolidating the rural economy and regularizing the microfinance sector.</p>

<p style="text-align: justify;">Mahara highlighted the role of the microfinance in strengthening the rural and socialist economy and bringing the public under the ambit of financial awareness and literacy.</p>

<p style="text-align: justify;">Meanwhile, Dr Chiranjivi Nepal, Governor of the NRB criticized Nepali MFs of exploiting the public financially rather than helping in elimination of poverty. He pledged that microfinance fleecing the public would be brought to book.</p>

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

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5307',
			'image' => '20170315051836_mfin.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5521',
			'article_category_id' => '1',
			'title' => 'OPPO to Launch Dual Selfie Camera F3 Series in 5 markets',
			'sub_title' => '',
			'summary' => 'March 15: OPPO will launched its new dual selfie camera F3 Plus of F3 series across five markets on March 23. Issuing a press statement, the company informed that the F3 Series is OPPO’s first-ever dual selfie camera for the “Selfie Expert” which can capture high-quality images in a 16MP main-camera and 8MP sub-camera.',
			'content' => '<p style="text-align: justify;">March 15:&nbsp;OPPO will launched its new dual selfie camera F3 Plus of F3 series across five markets on March 23. Issuing a press statement, the company informed that the F3 Series is OPPO&rsquo;s first-ever dual selfie camera for the &ldquo;Selfie Expert&rdquo; which can capture high-quality images in a 16MP main-camera and 8MP sub-camera.</p>

<p style="text-align: justify;">According to the statement, OPPO will simultaneously launch F3 Plus of the F3 Series in five key markets including India, Indonesia, Myanmar, the Philippines and Vietnam. Large advertisements were also displayed on landmark buildings in Indonesia, Myanmar, Vietnam and the Philippines with highlight being in Times Square, New York.&nbsp;</p>

<p style="text-align: justify;">&ldquo;At OPPO, product innovation drives everything that we do, and it is our key brand value. The F3 Series will take selfie technology onto another level as well as it sets new trends. We are confident it will be a great success and will set a standard that others will follow,&rdquo; said Sky Li, OPPO Vice President and Managing Director of International Mobile Business.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/oppo2.jpg" style="height:647px; width:485px" /></p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5306',
			'image' => '20170315030557_oppo.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5520',
			'article_category_id' => '1',
			'title' => 'Berger Paints Announces ‘Berger Rangmanch’ Winners',
			'sub_title' => '',
			'summary' => 'March 15: Berger Paints has announced the winners of ‘Berger Rangmanch’ lucky draw contest amid a program on March 13. The company handed over Ford Figo to Pushpa Khatri as bumper prize winner of the contest. Pushpa Khatri said, "I never imagined winning car as prize after buying Berger Paints. I am so',
			'content' => '<p style="text-align:justify">March 15: Berger Paints has announced the winners of &lsquo;Berger Rangmanch&rsquo; lucky draw contest amid a program on March 13. The company handed over Ford Figo to Pushpa Khatri as bumper prize winner of the contest. Pushpa Khatri said, &quot;I never imagined winning car as prize after buying Berger Paints. I am so glad to win it.&quot; According to the company, Sangita Ale won Pulsar 220 under bumper prize where as Govinda Suwal and Bhum Prasad Subedi won 23 inches Samsung TVs. Similarly, 10 best home owners of Pokhara received cash prize, informed the company.&nbsp;</p>

<p style="text-align:justify">As per the company, Maya Devi Adhikari, Sarswoti Adhikari and Rajin Juharchan got Rs 100,000, Rs 50,000 and Rs 20,000 respectively. Moreover, Bal Keishna Adhikari, Deepa Gurung, Suresh Chandra Pahaari, Jash Bahadur Gurung, Chhiring Pemba Gurung, Dipawati Thapa and Kamala Ghimire Baral received Rs 20,000 each. The company handed over the prizes to its respective winners on the presence of actress Richa Sharma, reads a statement. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5305',
			'image' => '20170315024702_ford.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5519',
			'article_category_id' => '1',
			'title' => '4th Microfinance Summit Nepal, 2017 Begins Today',
			'sub_title' => '',
			'summary' => 'March 15: The 4th Microfinance Summit Nepal is being organized today at Yak &Yeti Hotel, Kathmandu. The Summit that is being organised with a slogan “Balancing Financial, Social and Human Values’ will end on March 17. According to organizer, the summit will address the problems, issues, challenges and difficulties faced by MFs and will search for solution through interactions of regulatory bodies and service providers.',
			'content' => '<p>4th Microfinance Summit Nepal, 2017 Begins Today</p>

<p>March 15: The 4th Microfinance Summit Nepal is being organized today at Yak &amp;Yeti Hotel, Kathmandu. The Summit that is being organised with a slogan &ldquo;Balancing Financial, Social and Human Values&rsquo; will end on March 17. According to organizer, the summit will address the problems, issues, challenges and difficulties faced by MFs and will search for solution through interactions of regulatory bodies and service providers.&nbsp;</p>

<p>The summit will have topics including State of Microfinance in Nepal, State of Microfinance in South Asia, Micro-Health Insurance in Nepal and Agriculture Value Chain Financing. It will also discuss on issues including Social Performance Management History, Concept and Status in Nepal and Challenges of Reaching the Challenges of Reaching the Poorest of the Poor and Enhancing Depth of Outreach (Poverty Targeting).Moreover, it will also include topics E-mapping Results and Implications for Microfinance Regulation, Financial Viability of MFIs, Migration: Products and Use of Remittances, Technological Innovations and many more in three days.&nbsp;</p>

<p>According to the organizers, the Summit will be a platform for visionaries and practitioners to meet, discuss, and craft the future of the microfinance sector. The Summit will bring together the diverse experiences of microfinance banks, cooperatives, NGOs and industry professionals to foster concrete results with a commitment to action. These stakeholders will come together in a cooperative forum to build on their strengths and similarities, thus improving the microfinance sector as a whole. The Summit will unite global experiences and Nepalese innovations in microfinance, allowing participants to learn from current successes and implement them across the country and around the world.&nbsp;</p>

<p>The Summit is expected to produce a declaration on the national state of microfinance, including procedures for change that have real practical value for the future after three days of information exchange.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5304',
			'image' => '20170315013822_MF.JPG',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5518',
			'article_category_id' => '1',
			'title' => 'Amended Company Act Eases Registration Cancellation',
			'sub_title' => '',
			'summary' => 'March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.',
			'content' => '<p style="text-align: justify;">March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.</p>

<p style="text-align: justify;">Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office.&nbsp;</p>

<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>

<p style="text-align: justify;">The act has also reduced the time limit for company registration.&nbsp; Earlier, it took 15 days to receive company registration certificate from the date of application submission which is now reduced to 7 seven days. Upon delay of registration, the registrar office should inform the company with reasons of delay within three days.</p>

<p style="text-align: justify;">The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5303',
			'image' => '20170315010825_company reg.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5517',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Concludes Buddhist Economic Program',
			'sub_title' => '',
			'summary' => 'March 15:  ‘Lumbini Buddhist University and Lumbini Research Centre for Understanding and Peace’ in collaboration of Citizens Bank International has organized an interaction program ‘Buddhist Economic’ under financial literacy on March 14. The program that was organized on March 14 in the capital had Professor Wolfgang Drechsier of Ragnar Nurkse School of Innovation and technology, Estonia as a Presenter. ',
			'content' => '<p style="text-align: justify;">March 15:&nbsp; &lsquo;Lumbini Buddhist University and Lumbini Research Centre for Understanding and Peace&rsquo; in collaboration of Citizens Bank International has organized an interaction program &lsquo;Buddhist Economic&rsquo; under financial literacy on March 14. The program that was organized on March 14 in the capital had Professor Wolfgang Drechsier of Ragnar Nurkse School of Innovation and technology, Estonia as a Presenter.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5302',
			'image' => '20170315121257_citizens bank.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5516',
			'article_category_id' => '1',
			'title' => 'Bajaj's New Year Scheme',
			'sub_title' => '',
			'summary' => 'March 15: Hansraj Hulaschand, the authorized distributor of Bajaj motorcycle for Nepal has launched new scheme 'Beautiful Nepal' on the occasion of coming New Year 2074. Issuing a press statement, the company informed of launching the scheme with a slogan 'Travel Terai, Hills and Mountain with Bajaj'.',
			'content' => '<p style="text-align: justify;">March 15: Hansraj Hulaschand, the authorized distributor of Bajaj motorcycle for Nepal has launched new scheme &#39;Beautiful Nepal&#39; on the occasion of coming New Year 2074. Issuing a press statement, the company informed of launching the scheme with a slogan &#39;Travel Terai, Hills and Mountain with Bajaj&#39;.</p>

<p style="text-align: justify;">According to the company, the customers buying Bajaj two-wheelers will get Rs 7,400 discount under &#39;Rs 7,400 sureshot offer&#39;. After that, the buyers will automatically enter into lucky-draw contest through &nbsp;which a lucky winner can win trip around Nepal worth Rs 74,000, informs the company. The company informed that the winner of lucky-draw will be announced in AV News channel after 8 o&#39; clock bulletin. Shekhar Golchha, Executive Director of the company said, &ldquo;The campaign will promote various geographies of Nepal to the people.&quot;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5301',
			'image' => '20170315121129_bajaj.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5515',
			'article_category_id' => '1',
			'title' => 'KC appointed CEO of NMB',
			'sub_title' => '',
			'summary' => 'March 15: Sunil KC has been appointed as chief executive officer (CEO) of NMB Bank. In a program organized on March 14, KC took oath in front of Pawan Kumar Golyan, Chairman of the bank. Earlier, KC was serving the bank as Deputy CEO. He was with the bank since last eight years. KC who is in the banking sector for last 27 years is known for his analytical skills. ',
			'content' => '<p style="text-align: justify;">March 15: Sunil KC has been appointed as chief executive officer (CEO) of NMB Bank. In a program organized on March 14, KC took oath in front of Pawan Kumar Golyan, Chairman of the bank. Earlier, KC was serving the bank as Deputy CEO. He was with the bank since last eight years. KC who is in the banking sector for last 27 years is known for his analytical skills.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5300',
			'image' => '20170315110622_nmb.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(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' => '5529',
			'article_category_id' => '1',
			'title' => ''Government is Fully Committed to Control Financial Crimes'',
			'sub_title' => 'EO's learning event on Anti Money Laundering',
			'summary' => '16 March: The Entrepreneurs' Organization (EO) Nepal has organized a learning event on 'Anti Money Laundering and Terrorist Financing (AML/TF) in Nepal’ for young entrepreneurs. The event held in Kathmandu basically focused on demarcation between money laundering and tax evasion, legal frameworks and contribution of business sector to control it.',
			'content' => '<p style="text-align:justify">16 March: The Entrepreneurs&#39; Organization (EO) Nepal has organized a learning event on &#39;Anti Money Laundering and Terrorist Financing (AML/TF) in Nepal&rsquo; for young entrepreneurs. The event held in Kathmandu basically focused on demarcation between money laundering and tax evasion, legal frameworks and contribution of business sector to control it.</p>

<p style="text-align:justify">&nbsp;Hari Kumar Nepal, Deputy Director of Financial Information Unit, Nepal Rastra Bank &nbsp;and chief speaker of the event said that the government is fully committed to control any form of financial crime including money laundering and tax evasion. &ldquo;Money Laundering and Terrorist Financing (AML/TF) is now not issue of Nepal only but it has dragged attention of governments all over the world and other international organizations,&rdquo; he said adding, &ldquo;Government of Nepal is serious on this matter and leaves no stone unturned to eradicate such practices.&rdquo; He also stressed that Money laundering has worsen not only the business sector only but also politics and administration.</p>

<p style="text-align:justify">&#39;Surveys show that more than 3.6 % of global GDP is earned through criminal activities. If we add amount of tax evasion to it, the result is shockingly high,&#39; Nepal added, &ldquo;But one has to be aware of the fact that each and every business started with black money is a crime. And, one cannot get peace of mind with black money.&rdquo;</p>

<p style="text-align:justify">&ldquo;Although we still lack concrete measures of financial crimes in Nepal, there is very few chance that one can escape from this crime,&rdquo; he said, &ldquo;Tax evasion supported by corruption is the biggest challenge of Nepal. It starts right from a general landlord to show low rental charge to evade tax. So, it is very much difficult to bring this all in track.&rdquo;</p>

<p style="text-align:justify">According to Nepal, the government has introduced some of the measures to check money laundering. &ldquo;We will soon have regulations like prohibition of cash transaction higher than 10 lakh rupees and not allowing saving account for business transactions. We hope that this will contribute in controlling money laundering,&rdquo; he added.</p>

<p style="text-align:justify">The event was followed by an interaction session where young entrepreneurs and EO members shared their view on how business sector can work together with government to implement the measures to control financial crimes.</p>

<p style="text-align:justify">The Nepal Chapter of EO has been working as the catalyst to enable leading entrepreneurs to learn and grow, leading to greater success in business and beyond. The Entrepreneurs&rsquo; Organization (EO)&nbsp;is a global, peer-to-peer network of more than&nbsp;12,000&nbsp;influential business owners with&nbsp;160&nbsp;chapters in&nbsp;50&nbsp;countries.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5314',
			'image' => '20170316053507_anti money.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '5528',
			'article_category_id' => '1',
			'title' => 'Radhi Hydropower Set to Issue 3.4 Mn Units Primary Shares',
			'sub_title' => '',
			'summary' => 'March 15: Securities Board of Nepal (SEBON) has granted approval to Radhi Hydropower to float initial public offering.  The company is issuing 3,485,000 units of IPO with a face value of Rs 100 for the locals affected from the project. Nabil Investment Banking will be managing the issuance. ',
			'content' => '<p style="text-align: justify;">March 15: Securities Board of Nepal (SEBON) has granted approval to Radhi Hydropower to float initial public offering. &nbsp;The company is issuing 3,485,000 units of IPO with a face value of Rs 100 for the locals affected from the project. Nabil Investment Banking will be managing the issuance.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5313',
			'image' => '20170316043321_radhi_hydro.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5527',
			'article_category_id' => '1',
			'title' => '6th International Trade Fair Kicks Off in the Capital',
			'sub_title' => '',
			'summary' => 'March 16: The 6th International Trade Fair, organized by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has kicked off in the capital today.  Prime Minister Pushpa Kamal Dahal inaugurated the fair amid a program at Bhrikutimandap. The fair will run til March 20.',
			'content' => '<p style="text-align: justify;">March 16: The 6<sup>th</sup> International Trade Fair, organized by Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has kicked off in the capital today. &nbsp;Prime Minister Pushpa Kamal Dahal inaugurated the fair amid a program at Bhrikutimandap. The fair will run til March 20.</p>

<p style="text-align: justify;">In the program, PM Dahal urges domestic and foreign investors to invest in Nepal given that the country has gradually become investment friendly after clearing up political confusion.</p>

<p style="text-align: justify;">Moreover, he added that the government is ready to work together with private sector to achieve the economic progress in the country.</p>

<p style="text-align: justify;">Similarly, Pashupati Muraraka, President of FNCCI said that the fair will be a platform for buyers, sellers and manufacturers.</p>

<p style="text-align: justify;">The fair has 340 domestic and foreign stalls. Countries including China, India, Bangladesh, Pakistan and Thailand is participating in the fair. The fair have handicrafts, tourism, information technology, agricultural products, energy, construction, education, medicines and iron and steel stalls. Similarly, the fair also includes various stalls of readymade dresses, leather products, new technology and equipments, food items, furniture, fashion wear, home decor and service sectors.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5312',
			'image' => '20170316024306_pm.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5526',
			'article_category_id' => '1',
			'title' => 'Government Aims to Eradicate Indoor Smoke By 2022',
			'sub_title' => '',
			'summary' => 'March 16: With an ambitious plan of eradicating indoor smoke in Nepalis’ home within next five years, Nepal Biomass Energy Strategy has been implemented. Jaydev Joshi, Environment Minister of Nepal published Biomass Energy Strategy prepared by Population and Environment Ministry together with Alternative Energy Promotion Centre (AEPC) on March 16.',
			'content' => '<p style="text-align: justify;">March 16: With an ambitious plan of eradicating indoor smoke in Nepalis&rsquo; home within next five years, Nepal Biomass Energy Strategy has been implemented. Jaydev Joshi, Environment Minister of Nepal published Biomass Energy Strategy prepared by Population and Environment Ministry together with Alternative Energy Promotion Centre (AEPC) on March 16.</p>

<p style="text-align: justify;">&ldquo;The policy has been implemented in order to preserve the environment and to develop traditional solid fuel (wood, animal dung and crop waste) into modern, sustainable and clean energy. &nbsp;The government expects that the strategy will help to reduce fuel import and dependency on LP gas. Moreover, the government aims to develop advanced biomass energy by generating energy from the wastage of urban areas which will also effectively manage the wastage.</p>

<p style="text-align: justify;">The strategy mentions that in order to achieve the government target, use of biodiesel and bio-ethanol will encouraged so that to reduce consumption of diesel and petrol by increasing production of biomass energy through the utilization of bio waste and agricultural leftovers. The technology will make every Nepali household smoke free, said the ministry. The government has claimed of making Nepal indoor smoke free within 2022 by promoting advance bio energy and ensuring reach of advance clean energy to each household by using solid fuel by 2030.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5311',
			'image' => '20170316124947_bio.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5525',
			'article_category_id' => '1',
			'title' => 'ADB Trains Contractors',
			'sub_title' => '',
			'summary' => 'March 16: Asian Development Bank (ADB) has supported in providing EGP training to contractors on March 15 in the capital. According to Binod KC, Secretary of Public Procurement Monitoring Office, the contractor should be more professional to solve challenges in construction sector. He said, "This type of training is required to make entrepreneurs more techno-friendly."  As per Sharad Kumar Gauchan, President of association, the government should provi',
			'content' => '<p style="text-align: justify;">March 16: Asian Development Bank (ADB) has supported in providing EGP training to contractors on March 15 in the capital. According to Binod KC, Secretary of Public Procurement Monitoring Office, the contractor should be more professional to solve challenges in construction sector. He said, &quot;This type of training is required to make entrepreneurs more techno-friendly.&quot; &nbsp;As per Sharad Kumar Gauchan, President of association, the government should provide all kinds of support required by contractors. Hari Sharan Pudasaini, Joint Secretary of PPMO and Manish Bhattarai, Director of PPMO provided the training to 50 participants participated in the training session.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5310',
			'image' => '20170316110909_adb.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5524',
			'article_category_id' => '1',
			'title' => 'Hyundai Open Golf-2017 to be Held',
			'sub_title' => '',
			'summary' => 'March 16: Laxmi Interncontinental, the authorised distributor of Hyundai vehicles for Nepal will be organising Hyundai Open Golf-2017 on March 18. According to the company, the open golf tournament will be played in 18 holes stable ford format and 3/4 handicap. The company informed that 100 golfers will compete in the tournament. As per the organiser, the prizes for the winners will be distributed in various categories such as first prize, runner up, best gross, fem',
			'content' => '<p style="text-align: justify;">March 16: Laxmi Interncontinental, the authorised distributor of Hyundai vehicles for Nepal will be organising Hyundai Open Golf-2017 on March 18. According to the company, the open golf tournament will be played in 18 holes stable ford format and 3/4 handicap. The company informed that 100 golfers will compete in the tournament. As per the organiser, the prizes for the winners will be distributed in various categories such as first prize, runner up, best gross, female winner, senior prize (60 years above), junior winner (below 17 years) and longest to the pin. Similarly, the winner of hole in one contest will get Hyundai Grand I10, informs the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5309',
			'image' => '20170316104947_hyundai.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5523',
			'article_category_id' => '1',
			'title' => 'HR Meet 2017 on March 29',
			'sub_title' => '',
			'summary' => 'March 16:  Growth Sellers is organizing the 10th edition of human resource conference ‘HR Meet 2017’ on March 29 and 30.  The event being organized with a theme  ‘HR for all, all for HR’  will be attended by a total of 250 participants from governmental, semi-governmental, non-government and private sectors’ various organizations.',
			'content' => '<p style="text-align: justify;">March 16: &nbsp;Growth Sellers is organizing the 10th edition of human resource conference &lsquo;HR Meet 2017&rsquo; on March 29 and 30. &nbsp;The event being organized with a theme&nbsp; &lsquo;HR for all, all for HR&rsquo; &nbsp;will be attended by a total of 250 participants from governmental, semi-governmental, non-government and private sectors&rsquo; various organizations.</p>

<p style="text-align: justify;">&ldquo;The conference will have main speakers including Prof TV Rao, chairman of TVRLS, and Prof ISF Raj, faculty of Xavier Labour Relations Institute from India,&rdquo; informed Mohan Ojha, Chairman of Growth Sellers in a press conference organized on March 15. Apart from them, other prominent international and domestic speakers will also be attending the conference.</p>

<p style="text-align: justify;">According to the organizer, the conference will include panel discussions of CEOs and HR experts, parallel sessions and panel interviews.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-16',
			'modified' => '2017-03-16',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5308',
			'image' => '20170316104748_hr.jpg',
			'article_date' => '2017-03-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5522',
			'article_category_id' => '1',
			'title' => '4th National Microfinance Summit Kicks Off',
			'sub_title' => '',
			'summary' => 'March 15: The 4th National Microfinance Summit has kicked off in the capital from today. The Summit was organized by the Center for Microfinance (CMF).',
			'content' => '<p style="text-align: justify;">March 15: The 4th National Microfinance Summit has kicked off in the capital from today. The Summit was organized by the Center for Microfinance (CMF).</p>

<p style="text-align: justify;">Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara inaugurated the three day summit. The Summit will be participated by more than 800 participants from government, microfinance institutions, development partners, Nepal Rastra Bank (NRB) and beneficiaries.</p>

<p style="text-align: justify;">In the inauguration program, Minister Mahara stressed the need to work on economic empowerment by consolidating the rural economy and regularizing the microfinance sector.</p>

<p style="text-align: justify;">Mahara highlighted the role of the microfinance in strengthening the rural and socialist economy and bringing the public under the ambit of financial awareness and literacy.</p>

<p style="text-align: justify;">Meanwhile, Dr Chiranjivi Nepal, Governor of the NRB criticized Nepali MFs of exploiting the public financially rather than helping in elimination of poverty. He pledged that microfinance fleecing the public would be brought to book.</p>

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

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5307',
			'image' => '20170315051836_mfin.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5521',
			'article_category_id' => '1',
			'title' => 'OPPO to Launch Dual Selfie Camera F3 Series in 5 markets',
			'sub_title' => '',
			'summary' => 'March 15: OPPO will launched its new dual selfie camera F3 Plus of F3 series across five markets on March 23. Issuing a press statement, the company informed that the F3 Series is OPPO’s first-ever dual selfie camera for the “Selfie Expert” which can capture high-quality images in a 16MP main-camera and 8MP sub-camera.',
			'content' => '<p style="text-align: justify;">March 15:&nbsp;OPPO will launched its new dual selfie camera F3 Plus of F3 series across five markets on March 23. Issuing a press statement, the company informed that the F3 Series is OPPO&rsquo;s first-ever dual selfie camera for the &ldquo;Selfie Expert&rdquo; which can capture high-quality images in a 16MP main-camera and 8MP sub-camera.</p>

<p style="text-align: justify;">According to the statement, OPPO will simultaneously launch F3 Plus of the F3 Series in five key markets including India, Indonesia, Myanmar, the Philippines and Vietnam. Large advertisements were also displayed on landmark buildings in Indonesia, Myanmar, Vietnam and the Philippines with highlight being in Times Square, New York.&nbsp;</p>

<p style="text-align: justify;">&ldquo;At OPPO, product innovation drives everything that we do, and it is our key brand value. The F3 Series will take selfie technology onto another level as well as it sets new trends. We are confident it will be a great success and will set a standard that others will follow,&rdquo; said Sky Li, OPPO Vice President and Managing Director of International Mobile Business.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/oppo2.jpg" style="height:647px; width:485px" /></p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5306',
			'image' => '20170315030557_oppo.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5520',
			'article_category_id' => '1',
			'title' => 'Berger Paints Announces ‘Berger Rangmanch’ Winners',
			'sub_title' => '',
			'summary' => 'March 15: Berger Paints has announced the winners of ‘Berger Rangmanch’ lucky draw contest amid a program on March 13. The company handed over Ford Figo to Pushpa Khatri as bumper prize winner of the contest. Pushpa Khatri said, "I never imagined winning car as prize after buying Berger Paints. I am so',
			'content' => '<p style="text-align:justify">March 15: Berger Paints has announced the winners of &lsquo;Berger Rangmanch&rsquo; lucky draw contest amid a program on March 13. The company handed over Ford Figo to Pushpa Khatri as bumper prize winner of the contest. Pushpa Khatri said, &quot;I never imagined winning car as prize after buying Berger Paints. I am so glad to win it.&quot; According to the company, Sangita Ale won Pulsar 220 under bumper prize where as Govinda Suwal and Bhum Prasad Subedi won 23 inches Samsung TVs. Similarly, 10 best home owners of Pokhara received cash prize, informed the company.&nbsp;</p>

<p style="text-align:justify">As per the company, Maya Devi Adhikari, Sarswoti Adhikari and Rajin Juharchan got Rs 100,000, Rs 50,000 and Rs 20,000 respectively. Moreover, Bal Keishna Adhikari, Deepa Gurung, Suresh Chandra Pahaari, Jash Bahadur Gurung, Chhiring Pemba Gurung, Dipawati Thapa and Kamala Ghimire Baral received Rs 20,000 each. The company handed over the prizes to its respective winners on the presence of actress Richa Sharma, reads a statement. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5305',
			'image' => '20170315024702_ford.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5519',
			'article_category_id' => '1',
			'title' => '4th Microfinance Summit Nepal, 2017 Begins Today',
			'sub_title' => '',
			'summary' => 'March 15: The 4th Microfinance Summit Nepal is being organized today at Yak &Yeti Hotel, Kathmandu. The Summit that is being organised with a slogan “Balancing Financial, Social and Human Values’ will end on March 17. According to organizer, the summit will address the problems, issues, challenges and difficulties faced by MFs and will search for solution through interactions of regulatory bodies and service providers.',
			'content' => '<p>4th Microfinance Summit Nepal, 2017 Begins Today</p>

<p>March 15: The 4th Microfinance Summit Nepal is being organized today at Yak &amp;Yeti Hotel, Kathmandu. The Summit that is being organised with a slogan &ldquo;Balancing Financial, Social and Human Values&rsquo; will end on March 17. According to organizer, the summit will address the problems, issues, challenges and difficulties faced by MFs and will search for solution through interactions of regulatory bodies and service providers.&nbsp;</p>

<p>The summit will have topics including State of Microfinance in Nepal, State of Microfinance in South Asia, Micro-Health Insurance in Nepal and Agriculture Value Chain Financing. It will also discuss on issues including Social Performance Management History, Concept and Status in Nepal and Challenges of Reaching the Challenges of Reaching the Poorest of the Poor and Enhancing Depth of Outreach (Poverty Targeting).Moreover, it will also include topics E-mapping Results and Implications for Microfinance Regulation, Financial Viability of MFIs, Migration: Products and Use of Remittances, Technological Innovations and many more in three days.&nbsp;</p>

<p>According to the organizers, the Summit will be a platform for visionaries and practitioners to meet, discuss, and craft the future of the microfinance sector. The Summit will bring together the diverse experiences of microfinance banks, cooperatives, NGOs and industry professionals to foster concrete results with a commitment to action. These stakeholders will come together in a cooperative forum to build on their strengths and similarities, thus improving the microfinance sector as a whole. The Summit will unite global experiences and Nepalese innovations in microfinance, allowing participants to learn from current successes and implement them across the country and around the world.&nbsp;</p>

<p>The Summit is expected to produce a declaration on the national state of microfinance, including procedures for change that have real practical value for the future after three days of information exchange.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5304',
			'image' => '20170315013822_MF.JPG',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5518',
			'article_category_id' => '1',
			'title' => 'Amended Company Act Eases Registration Cancellation',
			'sub_title' => '',
			'summary' => 'March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.',
			'content' => '<p style="text-align: justify;">March 15: Legislature Parliament has endorsed the amended bill of Company Act. The parliament easing the process of cancellation of company registration unanimously endorsed the bill on March 14. The amended bill has mechanized for registration cancellation of such companies that have not transacted till date and was defunct for last two years. The companies can cancel their registration by paying prescribed fee, overdue fine or 1 per cent of paid-up capital whichever is lower.</p>

<p style="text-align: justify;">Unable to pay the fine, many companies were struggling to cancel their company registration. 40 per cent out of 63,000 companies registered till date are defunct, informed Company Registrar Office.&nbsp;</p>

<p style="text-align: justify;">The parliamentary meeting has modified the Act with a mechanism that compel telecommunication companies with above 500 million paid-up capital to issue shares to general public. The companies will have to transform in public companies within next two years.</p>

<p style="text-align: justify;">The act has also reduced the time limit for company registration.&nbsp; Earlier, it took 15 days to receive company registration certificate from the date of application submission which is now reduced to 7 seven days. Upon delay of registration, the registrar office should inform the company with reasons of delay within three days.</p>

<p style="text-align: justify;">The amended Act has encouraged digital signature while proofing the documents required for company registration. Moreover, the number of shareholders has been increased to 101 from previous 50. Similarly, the board of directors of any company that have female shareholders must include at least one female director.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5303',
			'image' => '20170315010825_company reg.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5517',
			'article_category_id' => '1',
			'title' => 'Citizens Bank Concludes Buddhist Economic Program',
			'sub_title' => '',
			'summary' => 'March 15:  ‘Lumbini Buddhist University and Lumbini Research Centre for Understanding and Peace’ in collaboration of Citizens Bank International has organized an interaction program ‘Buddhist Economic’ under financial literacy on March 14. The program that was organized on March 14 in the capital had Professor Wolfgang Drechsier of Ragnar Nurkse School of Innovation and technology, Estonia as a Presenter. ',
			'content' => '<p style="text-align: justify;">March 15:&nbsp; &lsquo;Lumbini Buddhist University and Lumbini Research Centre for Understanding and Peace&rsquo; in collaboration of Citizens Bank International has organized an interaction program &lsquo;Buddhist Economic&rsquo; under financial literacy on March 14. The program that was organized on March 14 in the capital had Professor Wolfgang Drechsier of Ragnar Nurkse School of Innovation and technology, Estonia as a Presenter.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5302',
			'image' => '20170315121257_citizens bank.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5516',
			'article_category_id' => '1',
			'title' => 'Bajaj's New Year Scheme',
			'sub_title' => '',
			'summary' => 'March 15: Hansraj Hulaschand, the authorized distributor of Bajaj motorcycle for Nepal has launched new scheme 'Beautiful Nepal' on the occasion of coming New Year 2074. Issuing a press statement, the company informed of launching the scheme with a slogan 'Travel Terai, Hills and Mountain with Bajaj'.',
			'content' => '<p style="text-align: justify;">March 15: Hansraj Hulaschand, the authorized distributor of Bajaj motorcycle for Nepal has launched new scheme &#39;Beautiful Nepal&#39; on the occasion of coming New Year 2074. Issuing a press statement, the company informed of launching the scheme with a slogan &#39;Travel Terai, Hills and Mountain with Bajaj&#39;.</p>

<p style="text-align: justify;">According to the company, the customers buying Bajaj two-wheelers will get Rs 7,400 discount under &#39;Rs 7,400 sureshot offer&#39;. After that, the buyers will automatically enter into lucky-draw contest through &nbsp;which a lucky winner can win trip around Nepal worth Rs 74,000, informs the company. The company informed that the winner of lucky-draw will be announced in AV News channel after 8 o&#39; clock bulletin. Shekhar Golchha, Executive Director of the company said, &ldquo;The campaign will promote various geographies of Nepal to the people.&quot;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5301',
			'image' => '20170315121129_bajaj.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5515',
			'article_category_id' => '1',
			'title' => 'KC appointed CEO of NMB',
			'sub_title' => '',
			'summary' => 'March 15: Sunil KC has been appointed as chief executive officer (CEO) of NMB Bank. In a program organized on March 14, KC took oath in front of Pawan Kumar Golyan, Chairman of the bank. Earlier, KC was serving the bank as Deputy CEO. He was with the bank since last eight years. KC who is in the banking sector for last 27 years is known for his analytical skills. ',
			'content' => '<p style="text-align: justify;">March 15: Sunil KC has been appointed as chief executive officer (CEO) of NMB Bank. In a program organized on March 14, KC took oath in front of Pawan Kumar Golyan, Chairman of the bank. Earlier, KC was serving the bank as Deputy CEO. He was with the bank since last eight years. KC who is in the banking sector for last 27 years is known for his analytical skills.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-03-15',
			'modified' => '2017-03-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5300',
			'image' => '20170315110622_nmb.jpg',
			'article_date' => '2017-03-15 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117