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';



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			'id' => '5243',
			'article_category_id' => '1',
			'title' => 'Swabalamban Bank in 17th year',
			'sub_title' => '',
			'summary' => 'January 29: Swabalamban Microfinance Bikash Bank has entered in to 17th year of operation. The bank celebrated its anniversary by organising various programs on its regional offices.',
			'content' => '<p style="text-align:justify">January 29: Swabalamban Microfinance Bikash Bank has entered in to 17<sup>th</sup> year of operation. The bank celebrated its anniversary by organising various programs on its regional offices.</p>

<p style="text-align:justify">The bank which has been organising microfinance programs in a bid to improve economical and social condition of deprived and underprivileged population has 123 offices in various 49 districts at present. The bank informed of extending Rs 6.99 billion loan currently. On the occasion, the bank honoured allied senior member, best micro businessman, best customer and branch office. &nbsp;&nbsp;</p>
',
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			'created' => '2017-01-29',
			'modified' => '2017-01-29',
			'keywords' => 'Swabalamban Bikash Bank',
			'description' => '',
			'sortorder' => '5044',
			'image' => '20170129111121_swabalambam.jpg',
			'article_date' => '2017-01-29 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5242',
			'article_category_id' => '1',
			'title' => 'Volkswagen Exchange Carnival 2017',
			'sub_title' => '',
			'summary' => 'January 27: Pooja International Nepal, the authorised distributor of German car brand Volkwagen has come up with Volkswagen Exchange Carnival 2017 scheme. The company under the scheme has offered from free car wash to Europe tour to its customers. Issuing a press statement, the company informed that the Exchange Carni',
			'content' => '<p style="text-align: justify;">January 27:&nbsp;Pooja International Nepal, the authorised distributor of German car brand Volkwagen has come up with Volkswagen Exchange Carnival 2017 scheme. The company under the scheme has offered from free car wash to Europe tour to its customers. Issuing a press statement, the company informed that the Exchange Carnival starts from January 28 and ends on February 3. &quot;Customers can exchange their old cars from any brand with the models of Volkswagen namely Polo, Vento, Beetle, and Tiguan during the seven day carnval from the authorized showroom of Volkswagen in Thapathali and Panipokhari.&quot;</p>

<p style="text-align: justify;">According to the statement, for every couple booking Volkswagen four wheeler will be provided with a package to Thailand. &quot;One lucky winner selected through the fair lucky draw will get a chance to visit Europe,&quot; reads the statement. The company will also organise &#39;Meet and Greet&#39; and interaction session with Former Miss Nepal Malvika Subba at the showrooms.</p>

<p style="text-align: justify;">Similarlu, the free safety driving course for ladies and accessories are offered in every purchase. The carnical offers maximum price to the valuation of the old vehicles.</p>

<p style="text-align: justify;">&quot;A free car-wash is offered to all the visitors coming to the showrooms during carnival,&quot; says the company, adding, &quot;Apart from these, the carnival also has food stall, magic shows, live performances, exchange bonus to attract customers, who would lke to exchange their old car with brand new Volkswagen models.&quot;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5043',
			'image' => '20170127044019_volkswagen.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5241',
			'article_category_id' => '1',
			'title' => 'Interaction  on Finding Investors for Startups',
			'sub_title' => '',
			'summary' => 'January 27:  An interactive event 'Last Thursdays with an Entrepreneur' with the topic 'Finding Investors' was organised jointly by Biruwa Advisors, Samriddhi Foundation and Entrepreneurs for Nepal on Thursday.',
			'content' => '<p style="text-align: justify;">January 27:&nbsp; An interactive event &#39;Last Thursdays with an Entrepreneur&#39; with the topic &#39;Finding Investors&#39; was organised jointly by Biruwa Advisors, Samriddhi Foundation and Entrepreneurs for Nepal on Thursday.</p>

<p style="text-align: justify;">Held at the premises of Ventures Caf&eacute;, at Baluwatar, the event focused on the discussions on the ways a startup needs to work to find right investors, approach them and close a deal with them.</p>

<p style="text-align: justify;">Sunita Nemaphuki, Chairperson of R &amp; D Innovative Solution and Abhaya Poudel, Chartered Accountant and an investor were the panelists for the programme and Vidhan Rana, founder of Biruwa Advisors was the moderator for the session.</p>

<p style="text-align: justify;">Sharing her experience as a startup during the discussion, Nemaphuki said networking and expressing our experiences and challenges with potential investors was one of the most important factors that an entrepreneur should keep in mind. &nbsp;She said that in Nepal, we find that the entrepreneurs are mostly hesitant to share their bad experiences with others and that certain transparency was necessary because we never know when that sharing might help us.</p>

<p style="text-align: justify;">Similarly, Poudel discussed about the factors that investors evaluate while investing in a startup. &quot;When startups look out for investment, they must know the background of the investor before approaching.</p>

<p style="text-align: justify;">In the context in which the Nepali startups are working, it is suitable for us to approach an angel investor who looks at the targeted market, problem solving capacity, and most importantly the scalability of the startups rather than a rationale investor who focuses on your financial part, said Poudel.&nbsp; According to Poudel, angel investors usually do target selection and check the compliance level before investing.</p>

<p style="text-align: justify;">The event which observed the participation of startup founders, entrepreneurs, and students closed with a question and answer session.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5042',
			'image' => '20170127033936_last thursday.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5240',
			'article_category_id' => '1',
			'title' => 'Nepal’s economy is rebounding: IMF 'Article IV' Report',
			'sub_title' => '',
			'summary' => 'January 27: Nepal’s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, supported by the government’s efforts to revitalize the reform agenda according to IMF 'Article IV' Report  prepared by IMF Staff after visiting Nepal on January 11-23. The key challenge now is to put policies in place that will',
			'content' => '<p style="text-align: justify;">January 27: Nepal&rsquo;s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, supported by the government&rsquo;s efforts to revitalize the reform agenda according to IMF &#39;Article IV&#39; Report &nbsp;prepared by IMF Staff after visiting Nepal on January 11-23. The key challenge now is to put policies in place that will extend the cyclical recovery into a sustained period of high and inclusive growth.</p>

<p style="text-align: justify;">According to the report, the mission expects growth to reach 5.5 per cent in the current FY with the normalization of economic activities which is also being supported by a good monsoon, accommodative monetary policy and rising government spending. &nbsp;</p>

<p style="text-align: justify;">However, India&rsquo;s sudden withdrawal of high-denomination banknotes is expected to have a limited impact on activity overall; bank holdings of Indian rupee currency are small but some corporate and households who hold such notes have seen their purchasing power affected. The main risk to the outlook pertains to failure of capital budget implementation to improve.</p>

<p style="text-align: justify;">The normalization of prices in the aftermath of last year&rsquo;s trade disruption is pushing down inflation which is expected to undershoot the authorities&rsquo; mid-2017 inflation target of 7.5 percent.</p>

<p style="text-align: justify;">As per the report, Nepal&rsquo;s external position remains strong. International reserves of Nepal Rastra Bank reached a record high of US$8.7 billion in December 2016, equivalent to about 10 months of prospective imports and goods and services. However, following large surpluses in recent years, the external current account is now broadly in balance. This reflects recovering imports and moderating growth of remittances.</p>

<p style="text-align: justify;">The medium-term outlook critically depends on efforts to sustain and deepen reform momentum. Strong policies are needed to enhance confidence amid ongoing political uncertainty. They are also needed to strengthen key institutions and administrative capacity which are critical for overcoming the chronic under-implementation of the budget and boosting private investment and growth. Accordingly, in the absence of strong policies, growth would likely revert to the average of the past decade and fall short of substantially improving living standards and social indicators.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5041',
			'image' => '20170127125258_imf.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5239',
			'article_category_id' => '1',
			'title' => 'CAN Infotech 2017 Starts',
			'sub_title' => '',
			'summary' => 'January 27: CAN Infotech 2017 has started on January 26. In the inauguration program, Deputy PM and Finance Minister Krishna Bahadur Mahara said that the country will developed in to E-Nepal in next 15 years. Stating that the government is always ready to develop the country as E-Nepal, Minister Mahara said that the transpa',
			'content' => '<p style="text-align: justify;">January 27: CAN Infotech 2017 has started on January 26. In the inauguration program, Deputy PM and Finance Minister Krishna Bahadur Mahara said that the country will developed in to E-Nepal in next 15 years. Stating that the government is always ready to develop the country as E-Nepal, Minister Mahara said that the transparency in state mechanism is possible only through utilisation of ICT.</p>

<p style="text-align: justify;">En Binod Dhakal, Chairman of CAN requested the government of allocating adequate budget so that to develop the country as E-Nepal.</p>

<p style="text-align: justify;">The CAN Infotech that starts yesterday will run till January 14. There are 222 stalls of 158 companies. The organiser expects of 400,000 visitors during this session. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5040',
			'image' => '20170127114648_can infotech.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
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			'id' => '5238',
			'article_category_id' => '1',
			'title' => 'Ford Organising 'Wilderness Get-A-Way' in Gokarna Forest Resort',
			'sub_title' => '',
			'summary' => 'January 27: GO Automobiles, the authorised distributor of Ford vehicles for Nepal is organising one-day outing in Gokarna Forest Resort on January 28. The outing 'Wilderness Get- A- Way' is a kind of test drive, said the company in a press statement. According to the company, the outing which can be participated with families as well will organise various games and adventurous activities. Interested parties can register in the Ford Office located at Ramshahpath for free, reads the statement. ',
			'content' => '<p style="text-align: justify;">January 27: GO Automobiles, the authorised distributor of Ford vehicles for Nepal is organising one-day outing in Gokarna Forest Resort on January 28. The outing &#39;Wilderness Get- A- Way&#39; is a kind of test drive, said the company in a press statement. According to the company, the outing which can be participated with families as well will organise various games and adventurous activities. Interested parties can register in the Ford Office located at Ramshahpath for free, reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5039',
			'image' => '20170127112941_go ford.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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			'id' => '5237',
			'article_category_id' => '1',
			'title' => 'Downtown Apartment's Prize Scheme',
			'sub_title' => '',
			'summary' => 'January 27: Downtown Housing Company has brought a prize scheme on the purchase of its apartment. Issuing a press statement, the company informed of providing a Kia Soul Eco Electric car to one lucky winner. According to the company, the apartment built by the company comes within a price range of Rs 5.8 million. ',
			'content' => '<p style="text-align: justify;">January 27: Downtown Housing Company has brought a prize scheme on the purchase of its apartment. Issuing a press statement, the company informed of providing a Kia Soul Eco Electric car to one lucky winner. According to the company, the apartment built by the company comes within a price range of Rs 5.8 million.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5038',
			'image' => '20170127105352_downtown apartment.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 7 => array(
		'Article' => array(
			'id' => '5236',
			'article_category_id' => '1',
			'title' => 'Gandaki Organises Blood Donation Program',
			'sub_title' => '',
			'summary' => 'January 27: Gandaki Bikash Bank, headquartered in Newroad, Pokhara has entered into 13th year of operation. The bank organised various programs on the occasion of anniversary including a blood donation program. The blood donation program which was started with handing over a blood bag by Padma Prasad Poudel, Chairman of the bank collected a total of 38 units of blood. ',
			'content' => '<p style="text-align: justify;">January 27: Gandaki Bikash Bank, headquartered in Newroad, Pokhara has entered into 13<sup>th</sup> year of operation. The bank organised various programs on the occasion of anniversary including a blood donation program. The blood donation program which was started with handing over a blood bag by Padma Prasad Poudel, Chairman of the bank collected a total of 38 units of blood.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5037',
			'image' => '20170127104302_gandaki.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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		'Article' => array(
			'id' => '5235',
			'article_category_id' => '1',
			'title' => 'Country Devt to Merge with Prime',
			'sub_title' => '',
			'summary' => 'January 27: Country Development Bank is set to merge with Prime Development Bank. The 9th annual general meeting of the bank held on January 25 in Banepa approved a proposal regarding the merger. Moreover, the AGM also approved a proposal of distributing 8.45 per cent bonus share to its shareholders. Indra Narayan Bhail, Chairman of the bank presented financial report of the bank in the AGM. In the program, the bank informed of earning Rs 57.4 million operating profit during the FY 2072/73. ',
			'content' => '<p style="text-align: justify;">January 27: Country Development Bank is set to merge with Prime Development Bank. The 9<sup>th</sup> annual general meeting of the bank held on January 25 in Banepa approved a proposal regarding the merger. Moreover, the AGM also approved a proposal of distributing 8.45 per cent bonus share to its shareholders. Indra Narayan Bhail, Chairman of the bank presented financial report of the bank in the AGM. In the program, the bank informed of earning Rs 57.4 million operating profit during the FY 2072/73.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5036',
			'image' => '20170127103733_country devt.JPG',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '5234',
			'article_category_id' => '1',
			'title' => 'Citizens Bank and CG Finco in Remit Pact',
			'sub_title' => '',
			'summary' => 'January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.',
			'content' => '<p style="text-align: justify;">January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5035',
			'image' => '20170127102953_citizens.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 10 => array(
		'Article' => array(
			'id' => '5233',
			'article_category_id' => '1',
			'title' => 'Ncell launches ‘New SMS Pack’; SMS now at 3 paisa',
			'sub_title' => '',
			'summary' => 'January 27: Ncell has launched an offer ‘New SMS Pack’. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.',
			'content' => '<p>January 27: Ncell has launched an offer &lsquo;New SMS Pack&rsquo;. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.</p>

<p>According to the statement, the SMS pack will comes into effect from Friday (January 27) for a period of 15 days. Under the scheme, Ncell customers can subscribe to two kind of SMS pack--150 SMS at Rs 5 and 1000 SMS at Rs 25. This means; a customer who activate 1000 SMS pack can send 1000 SMS at the rate of 3 paisa per SMS. The tariff includes applicable government taxes.</p>

<p>Customers can easily activate this pack by dialling *17119# and following the instructions. To subscribe the pack via SMS, customers need to type 5 and send it to 17119 for 150 SMS. Similarly, for 1000 SMS, they can type 25 and send it to 17119.&nbsp; The SMS packs are valid for 30 days. Customers can dial *901# to know about the remaining SMS count information via SMS, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => 'ncell, new sms pack ncell, axiata',
			'description' => '',
			'sortorder' => '5034',
			'image' => '20170127102336_ncell.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 11 => array(
		'Article' => array(
			'id' => '5232',
			'article_category_id' => '1',
			'title' => 'Prime Bank to distribute 17.25% Bonus Share',
			'sub_title' => '',
			'summary' => 'January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9th annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. "The bank is committed to provide good return to the investors by expanding its services and branches," said the bank in the meeting. ',
			'content' => '<p style="text-align: justify;">January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9<sup>th</sup> annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. &quot;The bank is committed to provide good return to the investors by expanding its services and branches,&quot; said the bank in the meeting.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5033',
			'image' => '20170126015050_prime.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5231',
			'article_category_id' => '1',
			'title' => 'Biratlaxmi to merge with Prime Bank',
			'sub_title' => '',
			'summary' => 'January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12th annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM. ',
			'content' => '<p>January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12<sup>th</sup> annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5032',
			'image' => '20170126014311_BIRAT.jpg',
			'article_date' => '2017-01-26 00:00:00',
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			'id' => '5230',
			'article_category_id' => '1',
			'title' => 'Nepal ratifies Trade Facilitation Agreement',
			'sub_title' => '',
			'summary' => 'January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.',
			'content' => '<p>January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.</p>

<p>Deepak Dhital, Nepal&rsquo;s WTO ambassador submitted the country&#39;s instrument of acceptance to Roberto Azev&ecirc;do, WTO Director-General on 24 January. Nepal is the 14th least developed country (LDC) to do so.<br />
&nbsp;<br />
The TFA will enter into force once two-thirds of the WTO membership formally accepts&nbsp;the Agreement. In addition to Nepal, the &nbsp;countries including the United States, Japan, Australia, Switzerland, European Union, India along with 73 other WTO member nations have accepted the TFA.&nbsp;</p>

<p>Concluded at the WTO&rsquo;s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.</p>

<p>According to a 2015 study carried out by WTO economists, full implementation of the TFA would reduce members&rsquo; trade costs by an average of 14.3 per cent, with developing countries having the most to gain. The TFA also has the ability to reduce the time to import goods by over a day and a half while also reducing time to export by almost two days, representing a reduction of 47 per cent and 91 per cent respectively over the current average. The TFA also has the potential to increase global merchandise exports by up to $1 trillion.</p>

<p>The TFA broke new ground for developing and least-developed countries in the way it will be implemented. For the first time in WTO history, the requirement to implement the Agreement was directly linked to the capacity of the country to do so. In addition, the Agreement states that assistance and support should be provided to help them achieve that capacity.</p>

<p>A Trade Facilitation Agreement Facility (TFAF) was also created at the request of developing and least-developed country members to help ensure that they receive the assistance needed to reap the full benefits of the TFA and to support the ultimate goal of full implementation of the new agreement by all members. &nbsp;</p>
',
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			'sortorder' => '5031',
			'image' => '20170126012338_wto.jpg',
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	(int) 14 => array(
		'Article' => array(
			'id' => '5229',
			'article_category_id' => '1',
			'title' => 'UK Delegate visits Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, She',
			'content' => '<p style="text-align: justify;">January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, Sherrif Peter Estlin, other delegates and representatives from Sakchyam Access to Finance visited NCHL Office at Kamaladi, Kathmandu.</p>

<p style="text-align: justify;">The intent of the visit was to understand the current status of payment systems development in Nepal and the progress that NCHL has achieved till date including its future roadmaps. The representatives also observed the live transactions from NCHL&rsquo;s electronic cheque clearing (NCHL-ECC) and the interbank payment (NCHL-IPS) systems. The delegates had an interaction with the team and showed a keen interest in the payment systems operated by NCHL and even inquired on any possible support.</p>

<p style="text-align: justify;">&quot;The visit has given an additional impetus to NCHL to achieve its objectives by implement international standard payment systems in Nepal,&quot; reads the statement issued by NCHL.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The UK Government through its UKaid/ DIFID has been supporting Nepal to improve the status of its access to finance and financial sector development.&nbsp;</p>
',
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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
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		'Article' => array(
			'id' => '5243',
			'article_category_id' => '1',
			'title' => 'Swabalamban Bank in 17th year',
			'sub_title' => '',
			'summary' => 'January 29: Swabalamban Microfinance Bikash Bank has entered in to 17th year of operation. The bank celebrated its anniversary by organising various programs on its regional offices.',
			'content' => '<p style="text-align:justify">January 29: Swabalamban Microfinance Bikash Bank has entered in to 17<sup>th</sup> year of operation. The bank celebrated its anniversary by organising various programs on its regional offices.</p>

<p style="text-align:justify">The bank which has been organising microfinance programs in a bid to improve economical and social condition of deprived and underprivileged population has 123 offices in various 49 districts at present. The bank informed of extending Rs 6.99 billion loan currently. On the occasion, the bank honoured allied senior member, best micro businessman, best customer and branch office. &nbsp;&nbsp;</p>
',
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			'created' => '2017-01-29',
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			'keywords' => 'Swabalamban Bikash Bank',
			'description' => '',
			'sortorder' => '5044',
			'image' => '20170129111121_swabalambam.jpg',
			'article_date' => '2017-01-29 00:00:00',
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		'Article' => array(
			'id' => '5242',
			'article_category_id' => '1',
			'title' => 'Volkswagen Exchange Carnival 2017',
			'sub_title' => '',
			'summary' => 'January 27: Pooja International Nepal, the authorised distributor of German car brand Volkwagen has come up with Volkswagen Exchange Carnival 2017 scheme. The company under the scheme has offered from free car wash to Europe tour to its customers. Issuing a press statement, the company informed that the Exchange Carni',
			'content' => '<p style="text-align: justify;">January 27:&nbsp;Pooja International Nepal, the authorised distributor of German car brand Volkwagen has come up with Volkswagen Exchange Carnival 2017 scheme. The company under the scheme has offered from free car wash to Europe tour to its customers. Issuing a press statement, the company informed that the Exchange Carnival starts from January 28 and ends on February 3. &quot;Customers can exchange their old cars from any brand with the models of Volkswagen namely Polo, Vento, Beetle, and Tiguan during the seven day carnval from the authorized showroom of Volkswagen in Thapathali and Panipokhari.&quot;</p>

<p style="text-align: justify;">According to the statement, for every couple booking Volkswagen four wheeler will be provided with a package to Thailand. &quot;One lucky winner selected through the fair lucky draw will get a chance to visit Europe,&quot; reads the statement. The company will also organise &#39;Meet and Greet&#39; and interaction session with Former Miss Nepal Malvika Subba at the showrooms.</p>

<p style="text-align: justify;">Similarlu, the free safety driving course for ladies and accessories are offered in every purchase. The carnical offers maximum price to the valuation of the old vehicles.</p>

<p style="text-align: justify;">&quot;A free car-wash is offered to all the visitors coming to the showrooms during carnival,&quot; says the company, adding, &quot;Apart from these, the carnival also has food stall, magic shows, live performances, exchange bonus to attract customers, who would lke to exchange their old car with brand new Volkswagen models.&quot;</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5043',
			'image' => '20170127044019_volkswagen.jpg',
			'article_date' => '2017-01-27 00:00:00',
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	(int) 2 => array(
		'Article' => array(
			'id' => '5241',
			'article_category_id' => '1',
			'title' => 'Interaction  on Finding Investors for Startups',
			'sub_title' => '',
			'summary' => 'January 27:  An interactive event 'Last Thursdays with an Entrepreneur' with the topic 'Finding Investors' was organised jointly by Biruwa Advisors, Samriddhi Foundation and Entrepreneurs for Nepal on Thursday.',
			'content' => '<p style="text-align: justify;">January 27:&nbsp; An interactive event &#39;Last Thursdays with an Entrepreneur&#39; with the topic &#39;Finding Investors&#39; was organised jointly by Biruwa Advisors, Samriddhi Foundation and Entrepreneurs for Nepal on Thursday.</p>

<p style="text-align: justify;">Held at the premises of Ventures Caf&eacute;, at Baluwatar, the event focused on the discussions on the ways a startup needs to work to find right investors, approach them and close a deal with them.</p>

<p style="text-align: justify;">Sunita Nemaphuki, Chairperson of R &amp; D Innovative Solution and Abhaya Poudel, Chartered Accountant and an investor were the panelists for the programme and Vidhan Rana, founder of Biruwa Advisors was the moderator for the session.</p>

<p style="text-align: justify;">Sharing her experience as a startup during the discussion, Nemaphuki said networking and expressing our experiences and challenges with potential investors was one of the most important factors that an entrepreneur should keep in mind. &nbsp;She said that in Nepal, we find that the entrepreneurs are mostly hesitant to share their bad experiences with others and that certain transparency was necessary because we never know when that sharing might help us.</p>

<p style="text-align: justify;">Similarly, Poudel discussed about the factors that investors evaluate while investing in a startup. &quot;When startups look out for investment, they must know the background of the investor before approaching.</p>

<p style="text-align: justify;">In the context in which the Nepali startups are working, it is suitable for us to approach an angel investor who looks at the targeted market, problem solving capacity, and most importantly the scalability of the startups rather than a rationale investor who focuses on your financial part, said Poudel.&nbsp; According to Poudel, angel investors usually do target selection and check the compliance level before investing.</p>

<p style="text-align: justify;">The event which observed the participation of startup founders, entrepreneurs, and students closed with a question and answer session.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5042',
			'image' => '20170127033936_last thursday.jpg',
			'article_date' => '2017-01-27 00:00:00',
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		'Article' => array(
			'id' => '5240',
			'article_category_id' => '1',
			'title' => 'Nepal’s economy is rebounding: IMF 'Article IV' Report',
			'sub_title' => '',
			'summary' => 'January 27: Nepal’s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, supported by the government’s efforts to revitalize the reform agenda according to IMF 'Article IV' Report  prepared by IMF Staff after visiting Nepal on January 11-23. The key challenge now is to put policies in place that will',
			'content' => '<p style="text-align: justify;">January 27: Nepal&rsquo;s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, supported by the government&rsquo;s efforts to revitalize the reform agenda according to IMF &#39;Article IV&#39; Report &nbsp;prepared by IMF Staff after visiting Nepal on January 11-23. The key challenge now is to put policies in place that will extend the cyclical recovery into a sustained period of high and inclusive growth.</p>

<p style="text-align: justify;">According to the report, the mission expects growth to reach 5.5 per cent in the current FY with the normalization of economic activities which is also being supported by a good monsoon, accommodative monetary policy and rising government spending. &nbsp;</p>

<p style="text-align: justify;">However, India&rsquo;s sudden withdrawal of high-denomination banknotes is expected to have a limited impact on activity overall; bank holdings of Indian rupee currency are small but some corporate and households who hold such notes have seen their purchasing power affected. The main risk to the outlook pertains to failure of capital budget implementation to improve.</p>

<p style="text-align: justify;">The normalization of prices in the aftermath of last year&rsquo;s trade disruption is pushing down inflation which is expected to undershoot the authorities&rsquo; mid-2017 inflation target of 7.5 percent.</p>

<p style="text-align: justify;">As per the report, Nepal&rsquo;s external position remains strong. International reserves of Nepal Rastra Bank reached a record high of US$8.7 billion in December 2016, equivalent to about 10 months of prospective imports and goods and services. However, following large surpluses in recent years, the external current account is now broadly in balance. This reflects recovering imports and moderating growth of remittances.</p>

<p style="text-align: justify;">The medium-term outlook critically depends on efforts to sustain and deepen reform momentum. Strong policies are needed to enhance confidence amid ongoing political uncertainty. They are also needed to strengthen key institutions and administrative capacity which are critical for overcoming the chronic under-implementation of the budget and boosting private investment and growth. Accordingly, in the absence of strong policies, growth would likely revert to the average of the past decade and fall short of substantially improving living standards and social indicators.</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5041',
			'image' => '20170127125258_imf.jpg',
			'article_date' => '2017-01-27 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '5239',
			'article_category_id' => '1',
			'title' => 'CAN Infotech 2017 Starts',
			'sub_title' => '',
			'summary' => 'January 27: CAN Infotech 2017 has started on January 26. In the inauguration program, Deputy PM and Finance Minister Krishna Bahadur Mahara said that the country will developed in to E-Nepal in next 15 years. Stating that the government is always ready to develop the country as E-Nepal, Minister Mahara said that the transpa',
			'content' => '<p style="text-align: justify;">January 27: CAN Infotech 2017 has started on January 26. In the inauguration program, Deputy PM and Finance Minister Krishna Bahadur Mahara said that the country will developed in to E-Nepal in next 15 years. Stating that the government is always ready to develop the country as E-Nepal, Minister Mahara said that the transparency in state mechanism is possible only through utilisation of ICT.</p>

<p style="text-align: justify;">En Binod Dhakal, Chairman of CAN requested the government of allocating adequate budget so that to develop the country as E-Nepal.</p>

<p style="text-align: justify;">The CAN Infotech that starts yesterday will run till January 14. There are 222 stalls of 158 companies. The organiser expects of 400,000 visitors during this session. &nbsp;</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
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			'description' => '',
			'sortorder' => '5040',
			'image' => '20170127114648_can infotech.jpg',
			'article_date' => '2017-01-27 00:00:00',
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			'id' => '5238',
			'article_category_id' => '1',
			'title' => 'Ford Organising 'Wilderness Get-A-Way' in Gokarna Forest Resort',
			'sub_title' => '',
			'summary' => 'January 27: GO Automobiles, the authorised distributor of Ford vehicles for Nepal is organising one-day outing in Gokarna Forest Resort on January 28. The outing 'Wilderness Get- A- Way' is a kind of test drive, said the company in a press statement. According to the company, the outing which can be participated with families as well will organise various games and adventurous activities. Interested parties can register in the Ford Office located at Ramshahpath for free, reads the statement. ',
			'content' => '<p style="text-align: justify;">January 27: GO Automobiles, the authorised distributor of Ford vehicles for Nepal is organising one-day outing in Gokarna Forest Resort on January 28. The outing &#39;Wilderness Get- A- Way&#39; is a kind of test drive, said the company in a press statement. According to the company, the outing which can be participated with families as well will organise various games and adventurous activities. Interested parties can register in the Ford Office located at Ramshahpath for free, reads the statement.&nbsp;</p>
',
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			'created' => '2017-01-27',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5039',
			'image' => '20170127112941_go ford.jpg',
			'article_date' => '2017-01-27 00:00:00',
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			'id' => '5237',
			'article_category_id' => '1',
			'title' => 'Downtown Apartment's Prize Scheme',
			'sub_title' => '',
			'summary' => 'January 27: Downtown Housing Company has brought a prize scheme on the purchase of its apartment. Issuing a press statement, the company informed of providing a Kia Soul Eco Electric car to one lucky winner. According to the company, the apartment built by the company comes within a price range of Rs 5.8 million. ',
			'content' => '<p style="text-align: justify;">January 27: Downtown Housing Company has brought a prize scheme on the purchase of its apartment. Issuing a press statement, the company informed of providing a Kia Soul Eco Electric car to one lucky winner. According to the company, the apartment built by the company comes within a price range of Rs 5.8 million.&nbsp;</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5038',
			'image' => '20170127105352_downtown apartment.jpg',
			'article_date' => '2017-01-27 00:00:00',
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			'id' => '5236',
			'article_category_id' => '1',
			'title' => 'Gandaki Organises Blood Donation Program',
			'sub_title' => '',
			'summary' => 'January 27: Gandaki Bikash Bank, headquartered in Newroad, Pokhara has entered into 13th year of operation. The bank organised various programs on the occasion of anniversary including a blood donation program. The blood donation program which was started with handing over a blood bag by Padma Prasad Poudel, Chairman of the bank collected a total of 38 units of blood. ',
			'content' => '<p style="text-align: justify;">January 27: Gandaki Bikash Bank, headquartered in Newroad, Pokhara has entered into 13<sup>th</sup> year of operation. The bank organised various programs on the occasion of anniversary including a blood donation program. The blood donation program which was started with handing over a blood bag by Padma Prasad Poudel, Chairman of the bank collected a total of 38 units of blood.&nbsp;</p>
',
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			'sortorder' => '5037',
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			'id' => '5235',
			'article_category_id' => '1',
			'title' => 'Country Devt to Merge with Prime',
			'sub_title' => '',
			'summary' => 'January 27: Country Development Bank is set to merge with Prime Development Bank. The 9th annual general meeting of the bank held on January 25 in Banepa approved a proposal regarding the merger. Moreover, the AGM also approved a proposal of distributing 8.45 per cent bonus share to its shareholders. Indra Narayan Bhail, Chairman of the bank presented financial report of the bank in the AGM. In the program, the bank informed of earning Rs 57.4 million operating profit during the FY 2072/73. ',
			'content' => '<p style="text-align: justify;">January 27: Country Development Bank is set to merge with Prime Development Bank. The 9<sup>th</sup> annual general meeting of the bank held on January 25 in Banepa approved a proposal regarding the merger. Moreover, the AGM also approved a proposal of distributing 8.45 per cent bonus share to its shareholders. Indra Narayan Bhail, Chairman of the bank presented financial report of the bank in the AGM. In the program, the bank informed of earning Rs 57.4 million operating profit during the FY 2072/73.&nbsp;</p>
',
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			'sortorder' => '5036',
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		'Article' => array(
			'id' => '5234',
			'article_category_id' => '1',
			'title' => 'Citizens Bank and CG Finco in Remit Pact',
			'sub_title' => '',
			'summary' => 'January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.',
			'content' => '<p style="text-align: justify;">January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5035',
			'image' => '20170127102953_citizens.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5233',
			'article_category_id' => '1',
			'title' => 'Ncell launches ‘New SMS Pack’; SMS now at 3 paisa',
			'sub_title' => '',
			'summary' => 'January 27: Ncell has launched an offer ‘New SMS Pack’. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.',
			'content' => '<p>January 27: Ncell has launched an offer &lsquo;New SMS Pack&rsquo;. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.</p>

<p>According to the statement, the SMS pack will comes into effect from Friday (January 27) for a period of 15 days. Under the scheme, Ncell customers can subscribe to two kind of SMS pack--150 SMS at Rs 5 and 1000 SMS at Rs 25. This means; a customer who activate 1000 SMS pack can send 1000 SMS at the rate of 3 paisa per SMS. The tariff includes applicable government taxes.</p>

<p>Customers can easily activate this pack by dialling *17119# and following the instructions. To subscribe the pack via SMS, customers need to type 5 and send it to 17119 for 150 SMS. Similarly, for 1000 SMS, they can type 25 and send it to 17119.&nbsp; The SMS packs are valid for 30 days. Customers can dial *901# to know about the remaining SMS count information via SMS, reads the statement.</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => 'ncell, new sms pack ncell, axiata',
			'description' => '',
			'sortorder' => '5034',
			'image' => '20170127102336_ncell.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5232',
			'article_category_id' => '1',
			'title' => 'Prime Bank to distribute 17.25% Bonus Share',
			'sub_title' => '',
			'summary' => 'January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9th annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. "The bank is committed to provide good return to the investors by expanding its services and branches," said the bank in the meeting. ',
			'content' => '<p style="text-align: justify;">January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9<sup>th</sup> annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. &quot;The bank is committed to provide good return to the investors by expanding its services and branches,&quot; said the bank in the meeting.&nbsp;</p>
',
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			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5033',
			'image' => '20170126015050_prime.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5231',
			'article_category_id' => '1',
			'title' => 'Biratlaxmi to merge with Prime Bank',
			'sub_title' => '',
			'summary' => 'January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12th annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM. ',
			'content' => '<p>January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12<sup>th</sup> annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5032',
			'image' => '20170126014311_BIRAT.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '5230',
			'article_category_id' => '1',
			'title' => 'Nepal ratifies Trade Facilitation Agreement',
			'sub_title' => '',
			'summary' => 'January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.',
			'content' => '<p>January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.</p>

<p>Deepak Dhital, Nepal&rsquo;s WTO ambassador submitted the country&#39;s instrument of acceptance to Roberto Azev&ecirc;do, WTO Director-General on 24 January. Nepal is the 14th least developed country (LDC) to do so.<br />
&nbsp;<br />
The TFA will enter into force once two-thirds of the WTO membership formally accepts&nbsp;the Agreement. In addition to Nepal, the &nbsp;countries including the United States, Japan, Australia, Switzerland, European Union, India along with 73 other WTO member nations have accepted the TFA.&nbsp;</p>

<p>Concluded at the WTO&rsquo;s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.</p>

<p>According to a 2015 study carried out by WTO economists, full implementation of the TFA would reduce members&rsquo; trade costs by an average of 14.3 per cent, with developing countries having the most to gain. The TFA also has the ability to reduce the time to import goods by over a day and a half while also reducing time to export by almost two days, representing a reduction of 47 per cent and 91 per cent respectively over the current average. The TFA also has the potential to increase global merchandise exports by up to $1 trillion.</p>

<p>The TFA broke new ground for developing and least-developed countries in the way it will be implemented. For the first time in WTO history, the requirement to implement the Agreement was directly linked to the capacity of the country to do so. In addition, the Agreement states that assistance and support should be provided to help them achieve that capacity.</p>

<p>A Trade Facilitation Agreement Facility (TFAF) was also created at the request of developing and least-developed country members to help ensure that they receive the assistance needed to reap the full benefits of the TFA and to support the ultimate goal of full implementation of the new agreement by all members. &nbsp;</p>
',
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			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5031',
			'image' => '20170126012338_wto.jpg',
			'article_date' => '2017-01-26 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '5229',
			'article_category_id' => '1',
			'title' => 'UK Delegate visits Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, She',
			'content' => '<p style="text-align: justify;">January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, Sherrif Peter Estlin, other delegates and representatives from Sakchyam Access to Finance visited NCHL Office at Kamaladi, Kathmandu.</p>

<p style="text-align: justify;">The intent of the visit was to understand the current status of payment systems development in Nepal and the progress that NCHL has achieved till date including its future roadmaps. The representatives also observed the live transactions from NCHL&rsquo;s electronic cheque clearing (NCHL-ECC) and the interbank payment (NCHL-IPS) systems. The delegates had an interaction with the team and showed a keen interest in the payment systems operated by NCHL and even inquired on any possible support.</p>

<p style="text-align: justify;">&quot;The visit has given an additional impetus to NCHL to achieve its objectives by implement international standard payment systems in Nepal,&quot; reads the statement issued by NCHL.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The UK Government through its UKaid/ DIFID has been supporting Nepal to improve the status of its access to finance and financial sector development.&nbsp;</p>
',
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			'sortorder' => '5030',
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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
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		'Article' => array(
			'id' => '5243',
			'article_category_id' => '1',
			'title' => 'Swabalamban Bank in 17th year',
			'sub_title' => '',
			'summary' => 'January 29: Swabalamban Microfinance Bikash Bank has entered in to 17th year of operation. The bank celebrated its anniversary by organising various programs on its regional offices.',
			'content' => '<p style="text-align:justify">January 29: Swabalamban Microfinance Bikash Bank has entered in to 17<sup>th</sup> year of operation. The bank celebrated its anniversary by organising various programs on its regional offices.</p>

<p style="text-align:justify">The bank which has been organising microfinance programs in a bid to improve economical and social condition of deprived and underprivileged population has 123 offices in various 49 districts at present. The bank informed of extending Rs 6.99 billion loan currently. On the occasion, the bank honoured allied senior member, best micro businessman, best customer and branch office. &nbsp;&nbsp;</p>
',
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			'created' => '2017-01-29',
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			'keywords' => 'Swabalamban Bikash Bank',
			'description' => '',
			'sortorder' => '5044',
			'image' => '20170129111121_swabalambam.jpg',
			'article_date' => '2017-01-29 00:00:00',
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			'id' => '5242',
			'article_category_id' => '1',
			'title' => 'Volkswagen Exchange Carnival 2017',
			'sub_title' => '',
			'summary' => 'January 27: Pooja International Nepal, the authorised distributor of German car brand Volkwagen has come up with Volkswagen Exchange Carnival 2017 scheme. The company under the scheme has offered from free car wash to Europe tour to its customers. Issuing a press statement, the company informed that the Exchange Carni',
			'content' => '<p style="text-align: justify;">January 27:&nbsp;Pooja International Nepal, the authorised distributor of German car brand Volkwagen has come up with Volkswagen Exchange Carnival 2017 scheme. The company under the scheme has offered from free car wash to Europe tour to its customers. Issuing a press statement, the company informed that the Exchange Carnival starts from January 28 and ends on February 3. &quot;Customers can exchange their old cars from any brand with the models of Volkswagen namely Polo, Vento, Beetle, and Tiguan during the seven day carnval from the authorized showroom of Volkswagen in Thapathali and Panipokhari.&quot;</p>

<p style="text-align: justify;">According to the statement, for every couple booking Volkswagen four wheeler will be provided with a package to Thailand. &quot;One lucky winner selected through the fair lucky draw will get a chance to visit Europe,&quot; reads the statement. The company will also organise &#39;Meet and Greet&#39; and interaction session with Former Miss Nepal Malvika Subba at the showrooms.</p>

<p style="text-align: justify;">Similarlu, the free safety driving course for ladies and accessories are offered in every purchase. The carnical offers maximum price to the valuation of the old vehicles.</p>

<p style="text-align: justify;">&quot;A free car-wash is offered to all the visitors coming to the showrooms during carnival,&quot; says the company, adding, &quot;Apart from these, the carnival also has food stall, magic shows, live performances, exchange bonus to attract customers, who would lke to exchange their old car with brand new Volkswagen models.&quot;</p>
',
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			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5043',
			'image' => '20170127044019_volkswagen.jpg',
			'article_date' => '2017-01-27 00:00:00',
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	(int) 2 => array(
		'Article' => array(
			'id' => '5241',
			'article_category_id' => '1',
			'title' => 'Interaction  on Finding Investors for Startups',
			'sub_title' => '',
			'summary' => 'January 27:  An interactive event 'Last Thursdays with an Entrepreneur' with the topic 'Finding Investors' was organised jointly by Biruwa Advisors, Samriddhi Foundation and Entrepreneurs for Nepal on Thursday.',
			'content' => '<p style="text-align: justify;">January 27:&nbsp; An interactive event &#39;Last Thursdays with an Entrepreneur&#39; with the topic &#39;Finding Investors&#39; was organised jointly by Biruwa Advisors, Samriddhi Foundation and Entrepreneurs for Nepal on Thursday.</p>

<p style="text-align: justify;">Held at the premises of Ventures Caf&eacute;, at Baluwatar, the event focused on the discussions on the ways a startup needs to work to find right investors, approach them and close a deal with them.</p>

<p style="text-align: justify;">Sunita Nemaphuki, Chairperson of R &amp; D Innovative Solution and Abhaya Poudel, Chartered Accountant and an investor were the panelists for the programme and Vidhan Rana, founder of Biruwa Advisors was the moderator for the session.</p>

<p style="text-align: justify;">Sharing her experience as a startup during the discussion, Nemaphuki said networking and expressing our experiences and challenges with potential investors was one of the most important factors that an entrepreneur should keep in mind. &nbsp;She said that in Nepal, we find that the entrepreneurs are mostly hesitant to share their bad experiences with others and that certain transparency was necessary because we never know when that sharing might help us.</p>

<p style="text-align: justify;">Similarly, Poudel discussed about the factors that investors evaluate while investing in a startup. &quot;When startups look out for investment, they must know the background of the investor before approaching.</p>

<p style="text-align: justify;">In the context in which the Nepali startups are working, it is suitable for us to approach an angel investor who looks at the targeted market, problem solving capacity, and most importantly the scalability of the startups rather than a rationale investor who focuses on your financial part, said Poudel.&nbsp; According to Poudel, angel investors usually do target selection and check the compliance level before investing.</p>

<p style="text-align: justify;">The event which observed the participation of startup founders, entrepreneurs, and students closed with a question and answer session.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5042',
			'image' => '20170127033936_last thursday.jpg',
			'article_date' => '2017-01-27 00:00:00',
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		'Article' => array(
			'id' => '5240',
			'article_category_id' => '1',
			'title' => 'Nepal’s economy is rebounding: IMF 'Article IV' Report',
			'sub_title' => '',
			'summary' => 'January 27: Nepal’s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, supported by the government’s efforts to revitalize the reform agenda according to IMF 'Article IV' Report  prepared by IMF Staff after visiting Nepal on January 11-23. The key challenge now is to put policies in place that will',
			'content' => '<p style="text-align: justify;">January 27: Nepal&rsquo;s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, supported by the government&rsquo;s efforts to revitalize the reform agenda according to IMF &#39;Article IV&#39; Report &nbsp;prepared by IMF Staff after visiting Nepal on January 11-23. The key challenge now is to put policies in place that will extend the cyclical recovery into a sustained period of high and inclusive growth.</p>

<p style="text-align: justify;">According to the report, the mission expects growth to reach 5.5 per cent in the current FY with the normalization of economic activities which is also being supported by a good monsoon, accommodative monetary policy and rising government spending. &nbsp;</p>

<p style="text-align: justify;">However, India&rsquo;s sudden withdrawal of high-denomination banknotes is expected to have a limited impact on activity overall; bank holdings of Indian rupee currency are small but some corporate and households who hold such notes have seen their purchasing power affected. The main risk to the outlook pertains to failure of capital budget implementation to improve.</p>

<p style="text-align: justify;">The normalization of prices in the aftermath of last year&rsquo;s trade disruption is pushing down inflation which is expected to undershoot the authorities&rsquo; mid-2017 inflation target of 7.5 percent.</p>

<p style="text-align: justify;">As per the report, Nepal&rsquo;s external position remains strong. International reserves of Nepal Rastra Bank reached a record high of US$8.7 billion in December 2016, equivalent to about 10 months of prospective imports and goods and services. However, following large surpluses in recent years, the external current account is now broadly in balance. This reflects recovering imports and moderating growth of remittances.</p>

<p style="text-align: justify;">The medium-term outlook critically depends on efforts to sustain and deepen reform momentum. Strong policies are needed to enhance confidence amid ongoing political uncertainty. They are also needed to strengthen key institutions and administrative capacity which are critical for overcoming the chronic under-implementation of the budget and boosting private investment and growth. Accordingly, in the absence of strong policies, growth would likely revert to the average of the past decade and fall short of substantially improving living standards and social indicators.</p>
',
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			'sortorder' => '5041',
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	(int) 4 => array(
		'Article' => array(
			'id' => '5239',
			'article_category_id' => '1',
			'title' => 'CAN Infotech 2017 Starts',
			'sub_title' => '',
			'summary' => 'January 27: CAN Infotech 2017 has started on January 26. In the inauguration program, Deputy PM and Finance Minister Krishna Bahadur Mahara said that the country will developed in to E-Nepal in next 15 years. Stating that the government is always ready to develop the country as E-Nepal, Minister Mahara said that the transpa',
			'content' => '<p style="text-align: justify;">January 27: CAN Infotech 2017 has started on January 26. In the inauguration program, Deputy PM and Finance Minister Krishna Bahadur Mahara said that the country will developed in to E-Nepal in next 15 years. Stating that the government is always ready to develop the country as E-Nepal, Minister Mahara said that the transparency in state mechanism is possible only through utilisation of ICT.</p>

<p style="text-align: justify;">En Binod Dhakal, Chairman of CAN requested the government of allocating adequate budget so that to develop the country as E-Nepal.</p>

<p style="text-align: justify;">The CAN Infotech that starts yesterday will run till January 14. There are 222 stalls of 158 companies. The organiser expects of 400,000 visitors during this session. &nbsp;</p>
',
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			'sortorder' => '5040',
			'image' => '20170127114648_can infotech.jpg',
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			'id' => '5238',
			'article_category_id' => '1',
			'title' => 'Ford Organising 'Wilderness Get-A-Way' in Gokarna Forest Resort',
			'sub_title' => '',
			'summary' => 'January 27: GO Automobiles, the authorised distributor of Ford vehicles for Nepal is organising one-day outing in Gokarna Forest Resort on January 28. The outing 'Wilderness Get- A- Way' is a kind of test drive, said the company in a press statement. According to the company, the outing which can be participated with families as well will organise various games and adventurous activities. Interested parties can register in the Ford Office located at Ramshahpath for free, reads the statement. ',
			'content' => '<p style="text-align: justify;">January 27: GO Automobiles, the authorised distributor of Ford vehicles for Nepal is organising one-day outing in Gokarna Forest Resort on January 28. The outing &#39;Wilderness Get- A- Way&#39; is a kind of test drive, said the company in a press statement. According to the company, the outing which can be participated with families as well will organise various games and adventurous activities. Interested parties can register in the Ford Office located at Ramshahpath for free, reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5039',
			'image' => '20170127112941_go ford.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5237',
			'article_category_id' => '1',
			'title' => 'Downtown Apartment's Prize Scheme',
			'sub_title' => '',
			'summary' => 'January 27: Downtown Housing Company has brought a prize scheme on the purchase of its apartment. Issuing a press statement, the company informed of providing a Kia Soul Eco Electric car to one lucky winner. According to the company, the apartment built by the company comes within a price range of Rs 5.8 million. ',
			'content' => '<p style="text-align: justify;">January 27: Downtown Housing Company has brought a prize scheme on the purchase of its apartment. Issuing a press statement, the company informed of providing a Kia Soul Eco Electric car to one lucky winner. According to the company, the apartment built by the company comes within a price range of Rs 5.8 million.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5038',
			'image' => '20170127105352_downtown apartment.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5236',
			'article_category_id' => '1',
			'title' => 'Gandaki Organises Blood Donation Program',
			'sub_title' => '',
			'summary' => 'January 27: Gandaki Bikash Bank, headquartered in Newroad, Pokhara has entered into 13th year of operation. The bank organised various programs on the occasion of anniversary including a blood donation program. The blood donation program which was started with handing over a blood bag by Padma Prasad Poudel, Chairman of the bank collected a total of 38 units of blood. ',
			'content' => '<p style="text-align: justify;">January 27: Gandaki Bikash Bank, headquartered in Newroad, Pokhara has entered into 13<sup>th</sup> year of operation. The bank organised various programs on the occasion of anniversary including a blood donation program. The blood donation program which was started with handing over a blood bag by Padma Prasad Poudel, Chairman of the bank collected a total of 38 units of blood.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5037',
			'image' => '20170127104302_gandaki.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '5235',
			'article_category_id' => '1',
			'title' => 'Country Devt to Merge with Prime',
			'sub_title' => '',
			'summary' => 'January 27: Country Development Bank is set to merge with Prime Development Bank. The 9th annual general meeting of the bank held on January 25 in Banepa approved a proposal regarding the merger. Moreover, the AGM also approved a proposal of distributing 8.45 per cent bonus share to its shareholders. Indra Narayan Bhail, Chairman of the bank presented financial report of the bank in the AGM. In the program, the bank informed of earning Rs 57.4 million operating profit during the FY 2072/73. ',
			'content' => '<p style="text-align: justify;">January 27: Country Development Bank is set to merge with Prime Development Bank. The 9<sup>th</sup> annual general meeting of the bank held on January 25 in Banepa approved a proposal regarding the merger. Moreover, the AGM also approved a proposal of distributing 8.45 per cent bonus share to its shareholders. Indra Narayan Bhail, Chairman of the bank presented financial report of the bank in the AGM. In the program, the bank informed of earning Rs 57.4 million operating profit during the FY 2072/73.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5036',
			'image' => '20170127103733_country devt.JPG',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5234',
			'article_category_id' => '1',
			'title' => 'Citizens Bank and CG Finco in Remit Pact',
			'sub_title' => '',
			'summary' => 'January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.',
			'content' => '<p style="text-align: justify;">January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5035',
			'image' => '20170127102953_citizens.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5233',
			'article_category_id' => '1',
			'title' => 'Ncell launches ‘New SMS Pack’; SMS now at 3 paisa',
			'sub_title' => '',
			'summary' => 'January 27: Ncell has launched an offer ‘New SMS Pack’. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.',
			'content' => '<p>January 27: Ncell has launched an offer &lsquo;New SMS Pack&rsquo;. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.</p>

<p>According to the statement, the SMS pack will comes into effect from Friday (January 27) for a period of 15 days. Under the scheme, Ncell customers can subscribe to two kind of SMS pack--150 SMS at Rs 5 and 1000 SMS at Rs 25. This means; a customer who activate 1000 SMS pack can send 1000 SMS at the rate of 3 paisa per SMS. The tariff includes applicable government taxes.</p>

<p>Customers can easily activate this pack by dialling *17119# and following the instructions. To subscribe the pack via SMS, customers need to type 5 and send it to 17119 for 150 SMS. Similarly, for 1000 SMS, they can type 25 and send it to 17119.&nbsp; The SMS packs are valid for 30 days. Customers can dial *901# to know about the remaining SMS count information via SMS, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => 'ncell, new sms pack ncell, axiata',
			'description' => '',
			'sortorder' => '5034',
			'image' => '20170127102336_ncell.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5232',
			'article_category_id' => '1',
			'title' => 'Prime Bank to distribute 17.25% Bonus Share',
			'sub_title' => '',
			'summary' => 'January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9th annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. "The bank is committed to provide good return to the investors by expanding its services and branches," said the bank in the meeting. ',
			'content' => '<p style="text-align: justify;">January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9<sup>th</sup> annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. &quot;The bank is committed to provide good return to the investors by expanding its services and branches,&quot; said the bank in the meeting.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5033',
			'image' => '20170126015050_prime.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5231',
			'article_category_id' => '1',
			'title' => 'Biratlaxmi to merge with Prime Bank',
			'sub_title' => '',
			'summary' => 'January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12th annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM. ',
			'content' => '<p>January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12<sup>th</sup> annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5032',
			'image' => '20170126014311_BIRAT.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5230',
			'article_category_id' => '1',
			'title' => 'Nepal ratifies Trade Facilitation Agreement',
			'sub_title' => '',
			'summary' => 'January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.',
			'content' => '<p>January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.</p>

<p>Deepak Dhital, Nepal&rsquo;s WTO ambassador submitted the country&#39;s instrument of acceptance to Roberto Azev&ecirc;do, WTO Director-General on 24 January. Nepal is the 14th least developed country (LDC) to do so.<br />
&nbsp;<br />
The TFA will enter into force once two-thirds of the WTO membership formally accepts&nbsp;the Agreement. In addition to Nepal, the &nbsp;countries including the United States, Japan, Australia, Switzerland, European Union, India along with 73 other WTO member nations have accepted the TFA.&nbsp;</p>

<p>Concluded at the WTO&rsquo;s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.</p>

<p>According to a 2015 study carried out by WTO economists, full implementation of the TFA would reduce members&rsquo; trade costs by an average of 14.3 per cent, with developing countries having the most to gain. The TFA also has the ability to reduce the time to import goods by over a day and a half while also reducing time to export by almost two days, representing a reduction of 47 per cent and 91 per cent respectively over the current average. The TFA also has the potential to increase global merchandise exports by up to $1 trillion.</p>

<p>The TFA broke new ground for developing and least-developed countries in the way it will be implemented. For the first time in WTO history, the requirement to implement the Agreement was directly linked to the capacity of the country to do so. In addition, the Agreement states that assistance and support should be provided to help them achieve that capacity.</p>

<p>A Trade Facilitation Agreement Facility (TFAF) was also created at the request of developing and least-developed country members to help ensure that they receive the assistance needed to reap the full benefits of the TFA and to support the ultimate goal of full implementation of the new agreement by all members. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5031',
			'image' => '20170126012338_wto.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 14 => array(
		'Article' => array(
			'id' => '5229',
			'article_category_id' => '1',
			'title' => 'UK Delegate visits Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, She',
			'content' => '<p style="text-align: justify;">January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, Sherrif Peter Estlin, other delegates and representatives from Sakchyam Access to Finance visited NCHL Office at Kamaladi, Kathmandu.</p>

<p style="text-align: justify;">The intent of the visit was to understand the current status of payment systems development in Nepal and the progress that NCHL has achieved till date including its future roadmaps. The representatives also observed the live transactions from NCHL&rsquo;s electronic cheque clearing (NCHL-ECC) and the interbank payment (NCHL-IPS) systems. The delegates had an interaction with the team and showed a keen interest in the payment systems operated by NCHL and even inquired on any possible support.</p>

<p style="text-align: justify;">&quot;The visit has given an additional impetus to NCHL to achieve its objectives by implement international standard payment systems in Nepal,&quot; reads the statement issued by NCHL.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The UK Government through its UKaid/ DIFID has been supporting Nepal to improve the status of its access to finance and financial sector development.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5030',
			'image' => '20170126010526_cleairng.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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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
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5243',
			'article_category_id' => '1',
			'title' => 'Swabalamban Bank in 17th year',
			'sub_title' => '',
			'summary' => 'January 29: Swabalamban Microfinance Bikash Bank has entered in to 17th year of operation. The bank celebrated its anniversary by organising various programs on its regional offices.',
			'content' => '<p style="text-align:justify">January 29: Swabalamban Microfinance Bikash Bank has entered in to 17<sup>th</sup> year of operation. The bank celebrated its anniversary by organising various programs on its regional offices.</p>

<p style="text-align:justify">The bank which has been organising microfinance programs in a bid to improve economical and social condition of deprived and underprivileged population has 123 offices in various 49 districts at present. The bank informed of extending Rs 6.99 billion loan currently. On the occasion, the bank honoured allied senior member, best micro businessman, best customer and branch office. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-29',
			'modified' => '2017-01-29',
			'keywords' => 'Swabalamban Bikash Bank',
			'description' => '',
			'sortorder' => '5044',
			'image' => '20170129111121_swabalambam.jpg',
			'article_date' => '2017-01-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5242',
			'article_category_id' => '1',
			'title' => 'Volkswagen Exchange Carnival 2017',
			'sub_title' => '',
			'summary' => 'January 27: Pooja International Nepal, the authorised distributor of German car brand Volkwagen has come up with Volkswagen Exchange Carnival 2017 scheme. The company under the scheme has offered from free car wash to Europe tour to its customers. Issuing a press statement, the company informed that the Exchange Carni',
			'content' => '<p style="text-align: justify;">January 27:&nbsp;Pooja International Nepal, the authorised distributor of German car brand Volkwagen has come up with Volkswagen Exchange Carnival 2017 scheme. The company under the scheme has offered from free car wash to Europe tour to its customers. Issuing a press statement, the company informed that the Exchange Carnival starts from January 28 and ends on February 3. &quot;Customers can exchange their old cars from any brand with the models of Volkswagen namely Polo, Vento, Beetle, and Tiguan during the seven day carnval from the authorized showroom of Volkswagen in Thapathali and Panipokhari.&quot;</p>

<p style="text-align: justify;">According to the statement, for every couple booking Volkswagen four wheeler will be provided with a package to Thailand. &quot;One lucky winner selected through the fair lucky draw will get a chance to visit Europe,&quot; reads the statement. The company will also organise &#39;Meet and Greet&#39; and interaction session with Former Miss Nepal Malvika Subba at the showrooms.</p>

<p style="text-align: justify;">Similarlu, the free safety driving course for ladies and accessories are offered in every purchase. The carnical offers maximum price to the valuation of the old vehicles.</p>

<p style="text-align: justify;">&quot;A free car-wash is offered to all the visitors coming to the showrooms during carnival,&quot; says the company, adding, &quot;Apart from these, the carnival also has food stall, magic shows, live performances, exchange bonus to attract customers, who would lke to exchange their old car with brand new Volkswagen models.&quot;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5043',
			'image' => '20170127044019_volkswagen.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 2 => array(
		'Article' => array(
			'id' => '5241',
			'article_category_id' => '1',
			'title' => 'Interaction  on Finding Investors for Startups',
			'sub_title' => '',
			'summary' => 'January 27:  An interactive event 'Last Thursdays with an Entrepreneur' with the topic 'Finding Investors' was organised jointly by Biruwa Advisors, Samriddhi Foundation and Entrepreneurs for Nepal on Thursday.',
			'content' => '<p style="text-align: justify;">January 27:&nbsp; An interactive event &#39;Last Thursdays with an Entrepreneur&#39; with the topic &#39;Finding Investors&#39; was organised jointly by Biruwa Advisors, Samriddhi Foundation and Entrepreneurs for Nepal on Thursday.</p>

<p style="text-align: justify;">Held at the premises of Ventures Caf&eacute;, at Baluwatar, the event focused on the discussions on the ways a startup needs to work to find right investors, approach them and close a deal with them.</p>

<p style="text-align: justify;">Sunita Nemaphuki, Chairperson of R &amp; D Innovative Solution and Abhaya Poudel, Chartered Accountant and an investor were the panelists for the programme and Vidhan Rana, founder of Biruwa Advisors was the moderator for the session.</p>

<p style="text-align: justify;">Sharing her experience as a startup during the discussion, Nemaphuki said networking and expressing our experiences and challenges with potential investors was one of the most important factors that an entrepreneur should keep in mind. &nbsp;She said that in Nepal, we find that the entrepreneurs are mostly hesitant to share their bad experiences with others and that certain transparency was necessary because we never know when that sharing might help us.</p>

<p style="text-align: justify;">Similarly, Poudel discussed about the factors that investors evaluate while investing in a startup. &quot;When startups look out for investment, they must know the background of the investor before approaching.</p>

<p style="text-align: justify;">In the context in which the Nepali startups are working, it is suitable for us to approach an angel investor who looks at the targeted market, problem solving capacity, and most importantly the scalability of the startups rather than a rationale investor who focuses on your financial part, said Poudel.&nbsp; According to Poudel, angel investors usually do target selection and check the compliance level before investing.</p>

<p style="text-align: justify;">The event which observed the participation of startup founders, entrepreneurs, and students closed with a question and answer session.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '5042',
			'image' => '20170127033936_last thursday.jpg',
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	(int) 3 => array(
		'Article' => array(
			'id' => '5240',
			'article_category_id' => '1',
			'title' => 'Nepal’s economy is rebounding: IMF 'Article IV' Report',
			'sub_title' => '',
			'summary' => 'January 27: Nepal’s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, supported by the government’s efforts to revitalize the reform agenda according to IMF 'Article IV' Report  prepared by IMF Staff after visiting Nepal on January 11-23. The key challenge now is to put policies in place that will',
			'content' => '<p style="text-align: justify;">January 27: Nepal&rsquo;s economy is rebounding following a slowdown caused by the 2015 earthquakes and trade disruptions, supported by the government&rsquo;s efforts to revitalize the reform agenda according to IMF &#39;Article IV&#39; Report &nbsp;prepared by IMF Staff after visiting Nepal on January 11-23. The key challenge now is to put policies in place that will extend the cyclical recovery into a sustained period of high and inclusive growth.</p>

<p style="text-align: justify;">According to the report, the mission expects growth to reach 5.5 per cent in the current FY with the normalization of economic activities which is also being supported by a good monsoon, accommodative monetary policy and rising government spending. &nbsp;</p>

<p style="text-align: justify;">However, India&rsquo;s sudden withdrawal of high-denomination banknotes is expected to have a limited impact on activity overall; bank holdings of Indian rupee currency are small but some corporate and households who hold such notes have seen their purchasing power affected. The main risk to the outlook pertains to failure of capital budget implementation to improve.</p>

<p style="text-align: justify;">The normalization of prices in the aftermath of last year&rsquo;s trade disruption is pushing down inflation which is expected to undershoot the authorities&rsquo; mid-2017 inflation target of 7.5 percent.</p>

<p style="text-align: justify;">As per the report, Nepal&rsquo;s external position remains strong. International reserves of Nepal Rastra Bank reached a record high of US$8.7 billion in December 2016, equivalent to about 10 months of prospective imports and goods and services. However, following large surpluses in recent years, the external current account is now broadly in balance. This reflects recovering imports and moderating growth of remittances.</p>

<p style="text-align: justify;">The medium-term outlook critically depends on efforts to sustain and deepen reform momentum. Strong policies are needed to enhance confidence amid ongoing political uncertainty. They are also needed to strengthen key institutions and administrative capacity which are critical for overcoming the chronic under-implementation of the budget and boosting private investment and growth. Accordingly, in the absence of strong policies, growth would likely revert to the average of the past decade and fall short of substantially improving living standards and social indicators.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5041',
			'image' => '20170127125258_imf.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5239',
			'article_category_id' => '1',
			'title' => 'CAN Infotech 2017 Starts',
			'sub_title' => '',
			'summary' => 'January 27: CAN Infotech 2017 has started on January 26. In the inauguration program, Deputy PM and Finance Minister Krishna Bahadur Mahara said that the country will developed in to E-Nepal in next 15 years. Stating that the government is always ready to develop the country as E-Nepal, Minister Mahara said that the transpa',
			'content' => '<p style="text-align: justify;">January 27: CAN Infotech 2017 has started on January 26. In the inauguration program, Deputy PM and Finance Minister Krishna Bahadur Mahara said that the country will developed in to E-Nepal in next 15 years. Stating that the government is always ready to develop the country as E-Nepal, Minister Mahara said that the transparency in state mechanism is possible only through utilisation of ICT.</p>

<p style="text-align: justify;">En Binod Dhakal, Chairman of CAN requested the government of allocating adequate budget so that to develop the country as E-Nepal.</p>

<p style="text-align: justify;">The CAN Infotech that starts yesterday will run till January 14. There are 222 stalls of 158 companies. The organiser expects of 400,000 visitors during this session. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5040',
			'image' => '20170127114648_can infotech.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5238',
			'article_category_id' => '1',
			'title' => 'Ford Organising 'Wilderness Get-A-Way' in Gokarna Forest Resort',
			'sub_title' => '',
			'summary' => 'January 27: GO Automobiles, the authorised distributor of Ford vehicles for Nepal is organising one-day outing in Gokarna Forest Resort on January 28. The outing 'Wilderness Get- A- Way' is a kind of test drive, said the company in a press statement. According to the company, the outing which can be participated with families as well will organise various games and adventurous activities. Interested parties can register in the Ford Office located at Ramshahpath for free, reads the statement. ',
			'content' => '<p style="text-align: justify;">January 27: GO Automobiles, the authorised distributor of Ford vehicles for Nepal is organising one-day outing in Gokarna Forest Resort on January 28. The outing &#39;Wilderness Get- A- Way&#39; is a kind of test drive, said the company in a press statement. According to the company, the outing which can be participated with families as well will organise various games and adventurous activities. Interested parties can register in the Ford Office located at Ramshahpath for free, reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5039',
			'image' => '20170127112941_go ford.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '5237',
			'article_category_id' => '1',
			'title' => 'Downtown Apartment's Prize Scheme',
			'sub_title' => '',
			'summary' => 'January 27: Downtown Housing Company has brought a prize scheme on the purchase of its apartment. Issuing a press statement, the company informed of providing a Kia Soul Eco Electric car to one lucky winner. According to the company, the apartment built by the company comes within a price range of Rs 5.8 million. ',
			'content' => '<p style="text-align: justify;">January 27: Downtown Housing Company has brought a prize scheme on the purchase of its apartment. Issuing a press statement, the company informed of providing a Kia Soul Eco Electric car to one lucky winner. According to the company, the apartment built by the company comes within a price range of Rs 5.8 million.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5038',
			'image' => '20170127105352_downtown apartment.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5236',
			'article_category_id' => '1',
			'title' => 'Gandaki Organises Blood Donation Program',
			'sub_title' => '',
			'summary' => 'January 27: Gandaki Bikash Bank, headquartered in Newroad, Pokhara has entered into 13th year of operation. The bank organised various programs on the occasion of anniversary including a blood donation program. The blood donation program which was started with handing over a blood bag by Padma Prasad Poudel, Chairman of the bank collected a total of 38 units of blood. ',
			'content' => '<p style="text-align: justify;">January 27: Gandaki Bikash Bank, headquartered in Newroad, Pokhara has entered into 13<sup>th</sup> year of operation. The bank organised various programs on the occasion of anniversary including a blood donation program. The blood donation program which was started with handing over a blood bag by Padma Prasad Poudel, Chairman of the bank collected a total of 38 units of blood.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5037',
			'image' => '20170127104302_gandaki.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '5235',
			'article_category_id' => '1',
			'title' => 'Country Devt to Merge with Prime',
			'sub_title' => '',
			'summary' => 'January 27: Country Development Bank is set to merge with Prime Development Bank. The 9th annual general meeting of the bank held on January 25 in Banepa approved a proposal regarding the merger. Moreover, the AGM also approved a proposal of distributing 8.45 per cent bonus share to its shareholders. Indra Narayan Bhail, Chairman of the bank presented financial report of the bank in the AGM. In the program, the bank informed of earning Rs 57.4 million operating profit during the FY 2072/73. ',
			'content' => '<p style="text-align: justify;">January 27: Country Development Bank is set to merge with Prime Development Bank. The 9<sup>th</sup> annual general meeting of the bank held on January 25 in Banepa approved a proposal regarding the merger. Moreover, the AGM also approved a proposal of distributing 8.45 per cent bonus share to its shareholders. Indra Narayan Bhail, Chairman of the bank presented financial report of the bank in the AGM. In the program, the bank informed of earning Rs 57.4 million operating profit during the FY 2072/73.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5036',
			'image' => '20170127103733_country devt.JPG',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5234',
			'article_category_id' => '1',
			'title' => 'Citizens Bank and CG Finco in Remit Pact',
			'sub_title' => '',
			'summary' => 'January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.',
			'content' => '<p style="text-align: justify;">January 27: Citizens International Bank and CG Finco has finalised an agreement regarding internal remittance. Ganesh Raj Pokharel, Deputy CEO of the bank and Nar Bahadur KC, Assistant General Manager of CG signed the agreement amid a program. With the agreement, money sent through CG Finco can be received from all the branches of the bank. The bank has been providing remittance services through co-ordinating with various domestic remittance companies.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5035',
			'image' => '20170127102953_citizens.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5233',
			'article_category_id' => '1',
			'title' => 'Ncell launches ‘New SMS Pack’; SMS now at 3 paisa',
			'sub_title' => '',
			'summary' => 'January 27: Ncell has launched an offer ‘New SMS Pack’. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.',
			'content' => '<p>January 27: Ncell has launched an offer &lsquo;New SMS Pack&rsquo;. Issuing a press statement, the company informed that the pack will allows all prepaid and postpaid customers to stay connected with their loved ones at more affordable rates within Ncell network.</p>

<p>According to the statement, the SMS pack will comes into effect from Friday (January 27) for a period of 15 days. Under the scheme, Ncell customers can subscribe to two kind of SMS pack--150 SMS at Rs 5 and 1000 SMS at Rs 25. This means; a customer who activate 1000 SMS pack can send 1000 SMS at the rate of 3 paisa per SMS. The tariff includes applicable government taxes.</p>

<p>Customers can easily activate this pack by dialling *17119# and following the instructions. To subscribe the pack via SMS, customers need to type 5 and send it to 17119 for 150 SMS. Similarly, for 1000 SMS, they can type 25 and send it to 17119.&nbsp; The SMS packs are valid for 30 days. Customers can dial *901# to know about the remaining SMS count information via SMS, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-01-27',
			'modified' => '2017-01-27',
			'keywords' => 'ncell, new sms pack ncell, axiata',
			'description' => '',
			'sortorder' => '5034',
			'image' => '20170127102336_ncell.jpg',
			'article_date' => '2017-01-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5232',
			'article_category_id' => '1',
			'title' => 'Prime Bank to distribute 17.25% Bonus Share',
			'sub_title' => '',
			'summary' => 'January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9th annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. "The bank is committed to provide good return to the investors by expanding its services and branches," said the bank in the meeting. ',
			'content' => '<p style="text-align: justify;">January 26: Prime Commercial Bank is providing 17.25 per cent bonus share to its shareholders. The 9<sup>th</sup> annual general meeting (AGM) of the bank held on January 25 endorsed the bonus share proposal. The AGM also approved financial reports including annual report and others of the bank. &quot;The bank is committed to provide good return to the investors by expanding its services and branches,&quot; said the bank in the meeting.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5033',
			'image' => '20170126015050_prime.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5231',
			'article_category_id' => '1',
			'title' => 'Biratlaxmi to merge with Prime Bank',
			'sub_title' => '',
			'summary' => 'January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12th annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM. ',
			'content' => '<p>January 26: Biratlaxmi Bikash Bank is merging with Prime Commercial Bank. The 12<sup>th</sup> annual general meeting of the bank held on January 25 approved the merger proposal. Moreover, the meeting also approved a proposal of distributing 18.5 per cent bonus share. Madav Prasad Koirala, Chairman of the bank presented the annual report in the AGM.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5032',
			'image' => '20170126014311_BIRAT.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 13 => array(
		'Article' => array(
			'id' => '5230',
			'article_category_id' => '1',
			'title' => 'Nepal ratifies Trade Facilitation Agreement',
			'sub_title' => '',
			'summary' => 'January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.',
			'content' => '<p>January 26: Nepal has ratified the Trade Facilitation Agreement (TFA), making it the 108th WTO member to do so. Only two more ratifications from members are needed to bring the TFA into force.</p>

<p>Deepak Dhital, Nepal&rsquo;s WTO ambassador submitted the country&#39;s instrument of acceptance to Roberto Azev&ecirc;do, WTO Director-General on 24 January. Nepal is the 14th least developed country (LDC) to do so.<br />
&nbsp;<br />
The TFA will enter into force once two-thirds of the WTO membership formally accepts&nbsp;the Agreement. In addition to Nepal, the &nbsp;countries including the United States, Japan, Australia, Switzerland, European Union, India along with 73 other WTO member nations have accepted the TFA.&nbsp;</p>

<p>Concluded at the WTO&rsquo;s 2013 Bali Ministerial Conference, the TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.</p>

<p>According to a 2015 study carried out by WTO economists, full implementation of the TFA would reduce members&rsquo; trade costs by an average of 14.3 per cent, with developing countries having the most to gain. The TFA also has the ability to reduce the time to import goods by over a day and a half while also reducing time to export by almost two days, representing a reduction of 47 per cent and 91 per cent respectively over the current average. The TFA also has the potential to increase global merchandise exports by up to $1 trillion.</p>

<p>The TFA broke new ground for developing and least-developed countries in the way it will be implemented. For the first time in WTO history, the requirement to implement the Agreement was directly linked to the capacity of the country to do so. In addition, the Agreement states that assistance and support should be provided to help them achieve that capacity.</p>

<p>A Trade Facilitation Agreement Facility (TFAF) was also created at the request of developing and least-developed country members to help ensure that they receive the assistance needed to reap the full benefits of the TFA and to support the ultimate goal of full implementation of the new agreement by all members. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5031',
			'image' => '20170126012338_wto.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5229',
			'article_category_id' => '1',
			'title' => 'UK Delegate visits Nepal Clearing House',
			'sub_title' => '',
			'summary' => 'January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, She',
			'content' => '<p style="text-align: justify;">January 26: A delegate of United Kingdom recently visited Nepal Clearing House and took information about clearing system of Nepali financial market. Dr. Andrew Parmley, Mayor of city of London, Richard Morris, UK Ambassador to Nepal, Sherrif Peter Estlin, other delegates and representatives from Sakchyam Access to Finance visited NCHL Office at Kamaladi, Kathmandu.</p>

<p style="text-align: justify;">The intent of the visit was to understand the current status of payment systems development in Nepal and the progress that NCHL has achieved till date including its future roadmaps. The representatives also observed the live transactions from NCHL&rsquo;s electronic cheque clearing (NCHL-ECC) and the interbank payment (NCHL-IPS) systems. The delegates had an interaction with the team and showed a keen interest in the payment systems operated by NCHL and even inquired on any possible support.</p>

<p style="text-align: justify;">&quot;The visit has given an additional impetus to NCHL to achieve its objectives by implement international standard payment systems in Nepal,&quot; reads the statement issued by NCHL.&nbsp;</p>

<p style="text-align: justify;">&nbsp;The UK Government through its UKaid/ DIFID has been supporting Nepal to improve the status of its access to finance and financial sector development.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-01-26',
			'modified' => '2017-01-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5030',
			'image' => '20170126010526_cleairng.jpg',
			'article_date' => '2017-01-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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)
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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