November 11: The business community along with Nepali and foreign experts have stressed on the need of technological conversion and innovation for the economic transformation of Nepal. They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November…
November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November…
November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer…
November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal.…
November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and…
November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes.…
November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility.…
November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period.…
November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali…
November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and…
November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign…
November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung…
November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an…
November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair.…
November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1…
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They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November 9.', 'content' => '<p style="text-align:justify">November 11: The business community along with Nepali and foreign experts have stressed on the need of technological conversion and innovation for the economic transformation of Nepal. They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November 9.</p> <p style="text-align:justify">Binod Chaudhary, Chairman of Chaudhary Group (CG) mentioned the importance of digitaisation for the expansion of business. “We are working to expand Wai Wai noodle brand’s market share by five percent in the world noodle market within five years,” he reveled. Chaudhary also talked about importance of startup business.</p> <p style="text-align:justify">Likewise, speaking at the program, Aroop Zutshi, Global Partner and Managing Director of Frost & Sullivan pointed to the need of adaptation of digital transformation for the industrial revolution in Nepal. Similarly, YB Dato’ Sri Dris Jala, CEO of Performance Management and Delivery Unit (PEMANDU) shared his experience on the economic progress of Malaysia and the working procedure adopted by the Malaysian government. “Private sector effort is significant in the economic development of the country,” Jala added. </p> <p style="text-align:justify">The program held discussion on different subject including growth success story, visionary perspective of Nepal 2035 and women empowerment. Similarly, the program also conducted a think tank session where the participants presented their ideas on growth opportunities in Nepal.</p> <p style="text-align:justify">Meanwhile, a CEO panel discussion on the topic Future of Business included leading business personalities from different sectors. Upendra Poudyal, CEO of NMB Bank, Saurya Rana, President of Nepal India Chamber of Commerce and Industries, Hari Bhakta Sharma, President of CNI, Padma Jyoti, Chairman of Jyoti Group, Upendra Mahato, Founding President of the International Coordination Council of Non-Resident Nepali Association, Swarnim Wagle, Member of National Planning Commission (NPC) were the participants of the panel discussion. </p> <p style="text-align:justify"><strong>Binod Chaudhary Felicitated by GIL 2016 – Excellence in Leadership Award </strong></p> <p style="text-align:justify">GIL Nepal 2016 felicitated Binod Chaudhary with Excellence in Leadership Award. Different Nepali private companies working in different sectors were awarded with Frost & Sullivan’s 2016 Best Practices Awards. The private companies working in field such as airlines, banking and financing and insurance sector, hydropower, hospital, telecom, construction company, manufacturing and tourism sector were felicitated. Similarly, Saurya SJB Rana was awarded with CEO of the year. </p> <p style="text-align:justify"><img alt="" src="/userfiles/images/gil%20award%20table%282%29.JPG" style="height:413px; width:700px" /></p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4543', 'image' => '20161111115901_forst and sulivan award_DSC4708_binod chaudhari (2).jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4711', 'article_category_id' => '1', 'title' => 'Shivam Cement Wraps Up 'Chandi Nai Chandi' Prize Scheme ', 'sub_title' => '', 'summary' => 'November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November 12.', 'content' => '<p style="text-align: justify;">November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November 12.</p> <p style="text-align: justify;">Under the scheme, the company provided 10 grams of 'Laxmi-Ganesh' marked coin to every purchase of 40 sacks of cement, reads the press statement issued by the company. </p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4541', 'image' => '20161111113131_shivam.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4710', 'article_category_id' => '1', 'title' => 'Gorkha Eco Panel Receives ISO Certification', 'sub_title' => '', 'summary' => 'November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer wall.', 'content' => '<p style="text-align: justify;">November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer wall.</p> <p style="text-align: justify;">Issuing a press statement, the company informed that the construction with prefabricated panel manufactured by Gorkha Eco Panel wraps up the construction process earlier than the traditional construction materials. As the panels are lighter in compare to traditional materials, they are also earthquake resistant. The International Green Developers Nepal in a joint investment with Alkhaja Company of Bahrain is producing Gorkha Eco Panel since 2014.</p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4540', 'image' => '20161111105632_gorkha panels.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4709', 'article_category_id' => '1', 'title' => 'Godrej Refrigerator Sales Escalate', 'sub_title' => '', 'summary' => 'November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal. ', 'content' => '<p>November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal. </p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4539', 'image' => '20161111103523_godrej.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4708', 'article_category_id' => '1', 'title' => 'Viber Launches ‘Public Accounts’ for Businesses and Brands', 'sub_title' => '', 'summary' => 'November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and seamless.', 'content' => '<p style="text-align: justify;">November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and seamless.</p> <p style="text-align: justify;">According to the press statement, the new feature will offer a suite of solutions for businesses, brands, and public figures. Similarly, it will help to engage with their audiences through the use of various 1-on-1 chat options or social broadcasting all on one platform.</p> <p style="text-align: justify;">"On Viber, people already connect securely and freely with their families, friends and colleagues. Today, we are introducing a way for people to start connecting with businesses, too," said Michael Shmilov, COO of Viber. "The first set of tools will enable businesses to reach their audience on Viber using messaging and rich interfaces, which can be tailored to the various needs of any business."</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4538', 'image' => '20161110020452_viber.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4707', 'article_category_id' => '1', 'title' => 'Note Ban in India to impact Nepal ', 'sub_title' => '', 'summary' => 'November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes. ', 'content' => '<p style="text-align: justify;">November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes. </p> <p style="text-align: justify;"><br /> Although NRB has not been able regarding the management of the abolished banknotes, it has started discussions to find the possible solutions of the effects of the ban in the Nepali market. Narayan Prasad Poudel, spokesperson of the NRB informed that the central bank is preparing to write to reserve bank of India (RBI) about the matter. "The fate of the banknotes of INR 500 and Rs 1000 denominations depends on the decision of Indian Embassy, Ministry of Finance and Government of India. We will be able to decide about the matter only after their hearing," he said. </p> <p style="text-align: justify;"><br /> According to the NRB source, the bank holds only minimal amount of the banknotes. NRB itself has nearly Rs 200,000 worth of demolished banknotes. However, the bank anticipates that the trades dealing with India along with people residing in border areas might have subsequent amount of these banknotes. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4537', 'image' => '20161110013839_INR.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4706', 'article_category_id' => '1', 'title' => 'Gorkhas Finance Enters 23rd Year', 'sub_title' => '', 'summary' => 'November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility. ', 'content' => '<p style="text-align: justify;">November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4536', 'image' => '20161110103951_gorkhas finance.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4705', 'article_category_id' => '1', 'title' => 'TCL Prize Scheme Succeeds', 'sub_title' => '', 'summary' => 'November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period. ', 'content' => '<p style="text-align: justify;">November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period. </p> <p style="text-align: justify;"><br /> As per the company, the sales of 40, 49 and 55 inches TCL smart TV along with 48 inches TCL curve TV increased due to the prize scheme. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4535', 'image' => '20161110103112_tcl.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4704', 'article_category_id' => '1', 'title' => 'Himalaya Mouthwash Launched in the Market', 'sub_title' => '', 'summary' => 'November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali market.', 'content' => '<p style="text-align:justify">November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali market.</p> <p style="text-align:justify">Issuing a statement, the company informed of launching the mouthwash targeting the customers suffering from various mouth problems. </p> <p style="text-align:justify">According to the company, the mouthwash contains various herbs including fennel seeds (saunf), neem, pomegranate, and miswak. The mouthwash is available at the price of Rs 120 in the market. </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4534', 'image' => '20161110101506_himalaya.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4703', 'article_category_id' => '1', 'title' => '"We are Corporate Representatives of Private Sector"', 'sub_title' => '', 'summary' => 'November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and China.', 'content' => '<p style="text-align:justify">November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and China. </p> <p style="text-align:justify"><br /> In the meeting, newly appointed Ambassador, Poudel assured his active role in a diplomatic way for the development of the country. He told the private sector to see them as corporate representatives of them. “Nepal should be able to cash-in the cheap capital and latest technology of China," he added. </p> <p style="text-align:justify"><br /> Meanwhile, Upadhyaya, Nepali Ambassador for India said the entrepreneurs should alert the government officials and political leaders time and again about the benefits of the country and their own. "The entrepreneurs should march themselves for their business expansion. We play the role of coordinator only," he added. </p> <p style="text-align:justify"><br /> The meeting was participated by Hari Bhakta Sharma, President of confederation, Binod Chadhary, President Emeritus, governing council of CNI, officials and members of National Development Council and entrepreneurs related to confederation where they congratulated newly appointed ambassadors and wished them for successful work-tenure. </p> <p style="text-align:justify"><br /> On the occasion, President Sharma stressed the need of strategy to minimize trade deficit and increase export to India as well as to attract investment in Nepal from Indian entrepreneurs. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4533', 'image' => '20161109043626_cni.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4702', 'article_category_id' => '1', 'title' => 'IME Concludes ‘Haat Hudaina Khali’ Campaign', 'sub_title' => '', 'summary' => 'November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign period.', 'content' => '<p style="text-align:justify">November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign period.</p> <p style="text-align:justify">Issuing a press statement, the company informed that the lucky winners were Tilak Bahadur Shrestha (ICN 9067908017 from Malaysia), Surendra Prasad Tharu (ICN 77797421387 from Qatar), Ang Norbu Sherpa (ICN 90676486564 from Malaysia) and Saroj Shrestha (ICN 12390394325 from Denmark). The prizes have been received by the respective nominees of the winners in Nepal.</p> <p style="text-align:justify">According to the statement, Chandra Prasad Dhakal, Executive Chairman of IME, Suman Pokhrel CEO, Daniel D Shrestha, Head of Marketing and BD and Deepak Raj Giri, IME’s brand ambassador handed over the keys to the winners respectively amid a special function held at Hotel Royal Singi.</p> <p style="text-align:justify">"A total of 300 IME customers who had used IME services during the campaign period had won 2 tickets to Chandragiri Cable Car in daily lucky draws and 4 have won UM Powermax Scooter in weekly lucky draws during the campaign period. The winners are from various countries where IME has its network including Qatar, UAE, India, Malaysia, among others," reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4532', 'image' => '20161109030016_ime.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4701', 'article_category_id' => '1', 'title' => 'Samsung Digital Plaza at Durbar Marg', 'sub_title' => '', 'summary' => 'November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung Plazas.', 'content' => '<p style="text-align:justify">November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza, at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung Plazas.</p> <p style="text-align:justify">"Samsung is offering up to 20% Cashback for its Dashain and Tihar festivities till 15 November 2016" reads the statement. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4531', 'image' => '20161109023525_sam.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4700', 'article_category_id' => '1', 'title' => 'Govt Prepares for Health Insurance Act', 'sub_title' => '', 'summary' => 'November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an Act.', 'content' => '<p style="text-align:justify">November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an Act.</p> <p style="text-align:justify">"The Health Insurance Act is being formulated because the policy is not sufficient enough to forward the health insurance program as more and more districts are being affiliated to the program," said Dr Gunaraj Lohani, Executive Director of Social Health Security Development Committee. According to him, a draft of proposed Health Insurance Act has already been submitted to the Health Ministry by the committee which will be sent to the parliament for discussion and approval after a month. "Health insurance manual and additional policies will be formulated after the formulation of Act," he added.</p> <p style="text-align:justify">"The health insurance policy is focused on providing membership to the citizens to the program operated districts which is not sufficient to operate the program," Lohani said.</p> <p style="text-align:justify">The government through the budget of the current FY announced the 'National Health Insurance Plan' with a target to conduct health insurance to all countrymen within next three years. As per the announcement, it has allocated Rs 2.50 billion budget in order to carry out the program in 25 districts in the current year.</p> <p style="text-align:justify">Under the program, a family of five must pay Rs 2,500 annually to participate. Moreover, the participants can insure up to Rs 50,000 by paying Rs 100 per person annually. The family with more than five members will have to pay Rs 450 per member to participate in the program. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4530', 'image' => '20161109014806_nepal health.JPG', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4699', 'article_category_id' => '1', 'title' => 'Apple World Discount Offer', 'sub_title' => '', 'summary' => 'November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair. ', 'content' => '<p>November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4529', 'image' => '20161109121154_apple.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4698', 'article_category_id' => '1', 'title' => 'Net profit of Nepal Investment Bank Increases 74%', 'sub_title' => '', 'summary' => 'November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1 billion.', 'content' => '<p style="text-align:justify">November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1 billion.</p> <p style="text-align:justify">Similarly, the loan extension of the bank has increased by 87.83 percent to Rs 94.44 billion in the first quarter of the current FY. The bank has been able to recover Rs 33.5 million bad debt of the last FY. Meanwhile, the non-performing loan of the bank has reached 0.71 percent during the first three months of the current FY. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4528', 'image' => '20161109120509_NIBL.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4713', 'article_category_id' => '1', 'title' => '‘Digital Transformation Must for Industrial Growth’', 'sub_title' => '', 'summary' => 'November 11: The business community along with Nepali and foreign experts have stressed on the need of technological conversion and innovation for the economic transformation of Nepal. They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November 9.', 'content' => '<p style="text-align:justify">November 11: The business community along with Nepali and foreign experts have stressed on the need of technological conversion and innovation for the economic transformation of Nepal. They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November 9.</p> <p style="text-align:justify">Binod Chaudhary, Chairman of Chaudhary Group (CG) mentioned the importance of digitaisation for the expansion of business. “We are working to expand Wai Wai noodle brand’s market share by five percent in the world noodle market within five years,” he reveled. Chaudhary also talked about importance of startup business.</p> <p style="text-align:justify">Likewise, speaking at the program, Aroop Zutshi, Global Partner and Managing Director of Frost & Sullivan pointed to the need of adaptation of digital transformation for the industrial revolution in Nepal. Similarly, YB Dato’ Sri Dris Jala, CEO of Performance Management and Delivery Unit (PEMANDU) shared his experience on the economic progress of Malaysia and the working procedure adopted by the Malaysian government. “Private sector effort is significant in the economic development of the country,” Jala added. </p> <p style="text-align:justify">The program held discussion on different subject including growth success story, visionary perspective of Nepal 2035 and women empowerment. Similarly, the program also conducted a think tank session where the participants presented their ideas on growth opportunities in Nepal.</p> <p style="text-align:justify">Meanwhile, a CEO panel discussion on the topic Future of Business included leading business personalities from different sectors. Upendra Poudyal, CEO of NMB Bank, Saurya Rana, President of Nepal India Chamber of Commerce and Industries, Hari Bhakta Sharma, President of CNI, Padma Jyoti, Chairman of Jyoti Group, Upendra Mahato, Founding President of the International Coordination Council of Non-Resident Nepali Association, Swarnim Wagle, Member of National Planning Commission (NPC) were the participants of the panel discussion. </p> <p style="text-align:justify"><strong>Binod Chaudhary Felicitated by GIL 2016 – Excellence in Leadership Award </strong></p> <p style="text-align:justify">GIL Nepal 2016 felicitated Binod Chaudhary with Excellence in Leadership Award. Different Nepali private companies working in different sectors were awarded with Frost & Sullivan’s 2016 Best Practices Awards. The private companies working in field such as airlines, banking and financing and insurance sector, hydropower, hospital, telecom, construction company, manufacturing and tourism sector were felicitated. Similarly, Saurya SJB Rana was awarded with CEO of the year. </p> <p style="text-align:justify"><img alt="" src="/userfiles/images/gil%20award%20table%282%29.JPG" style="height:413px; width:700px" /></p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4543', 'image' => '20161111115901_forst and sulivan award_DSC4708_binod chaudhari (2).jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4711', 'article_category_id' => '1', 'title' => 'Shivam Cement Wraps Up 'Chandi Nai Chandi' Prize Scheme ', 'sub_title' => '', 'summary' => 'November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November 12.', 'content' => '<p style="text-align: justify;">November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November 12.</p> <p style="text-align: justify;">Under the scheme, the company provided 10 grams of 'Laxmi-Ganesh' marked coin to every purchase of 40 sacks of cement, reads the press statement issued by the company. </p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4541', 'image' => '20161111113131_shivam.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4710', 'article_category_id' => '1', 'title' => 'Gorkha Eco Panel Receives ISO Certification', 'sub_title' => '', 'summary' => 'November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer wall.', 'content' => '<p style="text-align: justify;">November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer wall.</p> <p style="text-align: justify;">Issuing a press statement, the company informed that the construction with prefabricated panel manufactured by Gorkha Eco Panel wraps up the construction process earlier than the traditional construction materials. As the panels are lighter in compare to traditional materials, they are also earthquake resistant. The International Green Developers Nepal in a joint investment with Alkhaja Company of Bahrain is producing Gorkha Eco Panel since 2014.</p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4540', 'image' => '20161111105632_gorkha panels.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4709', 'article_category_id' => '1', 'title' => 'Godrej Refrigerator Sales Escalate', 'sub_title' => '', 'summary' => 'November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal. ', 'content' => '<p>November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal. </p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4539', 'image' => '20161111103523_godrej.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4708', 'article_category_id' => '1', 'title' => 'Viber Launches ‘Public Accounts’ for Businesses and Brands', 'sub_title' => '', 'summary' => 'November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and seamless.', 'content' => '<p style="text-align: justify;">November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and seamless.</p> <p style="text-align: justify;">According to the press statement, the new feature will offer a suite of solutions for businesses, brands, and public figures. Similarly, it will help to engage with their audiences through the use of various 1-on-1 chat options or social broadcasting all on one platform.</p> <p style="text-align: justify;">"On Viber, people already connect securely and freely with their families, friends and colleagues. Today, we are introducing a way for people to start connecting with businesses, too," said Michael Shmilov, COO of Viber. "The first set of tools will enable businesses to reach their audience on Viber using messaging and rich interfaces, which can be tailored to the various needs of any business."</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4538', 'image' => '20161110020452_viber.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4707', 'article_category_id' => '1', 'title' => 'Note Ban in India to impact Nepal ', 'sub_title' => '', 'summary' => 'November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes. ', 'content' => '<p style="text-align: justify;">November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes. </p> <p style="text-align: justify;"><br /> Although NRB has not been able regarding the management of the abolished banknotes, it has started discussions to find the possible solutions of the effects of the ban in the Nepali market. Narayan Prasad Poudel, spokesperson of the NRB informed that the central bank is preparing to write to reserve bank of India (RBI) about the matter. "The fate of the banknotes of INR 500 and Rs 1000 denominations depends on the decision of Indian Embassy, Ministry of Finance and Government of India. We will be able to decide about the matter only after their hearing," he said. </p> <p style="text-align: justify;"><br /> According to the NRB source, the bank holds only minimal amount of the banknotes. NRB itself has nearly Rs 200,000 worth of demolished banknotes. However, the bank anticipates that the trades dealing with India along with people residing in border areas might have subsequent amount of these banknotes. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4537', 'image' => '20161110013839_INR.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4706', 'article_category_id' => '1', 'title' => 'Gorkhas Finance Enters 23rd Year', 'sub_title' => '', 'summary' => 'November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility. ', 'content' => '<p style="text-align: justify;">November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4536', 'image' => '20161110103951_gorkhas finance.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4705', 'article_category_id' => '1', 'title' => 'TCL Prize Scheme Succeeds', 'sub_title' => '', 'summary' => 'November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period. ', 'content' => '<p style="text-align: justify;">November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period. </p> <p style="text-align: justify;"><br /> As per the company, the sales of 40, 49 and 55 inches TCL smart TV along with 48 inches TCL curve TV increased due to the prize scheme. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4535', 'image' => '20161110103112_tcl.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4704', 'article_category_id' => '1', 'title' => 'Himalaya Mouthwash Launched in the Market', 'sub_title' => '', 'summary' => 'November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali market.', 'content' => '<p style="text-align:justify">November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali market.</p> <p style="text-align:justify">Issuing a statement, the company informed of launching the mouthwash targeting the customers suffering from various mouth problems. </p> <p style="text-align:justify">According to the company, the mouthwash contains various herbs including fennel seeds (saunf), neem, pomegranate, and miswak. The mouthwash is available at the price of Rs 120 in the market. </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4534', 'image' => '20161110101506_himalaya.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4703', 'article_category_id' => '1', 'title' => '"We are Corporate Representatives of Private Sector"', 'sub_title' => '', 'summary' => 'November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and China.', 'content' => '<p style="text-align:justify">November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and China. </p> <p style="text-align:justify"><br /> In the meeting, newly appointed Ambassador, Poudel assured his active role in a diplomatic way for the development of the country. He told the private sector to see them as corporate representatives of them. “Nepal should be able to cash-in the cheap capital and latest technology of China," he added. </p> <p style="text-align:justify"><br /> Meanwhile, Upadhyaya, Nepali Ambassador for India said the entrepreneurs should alert the government officials and political leaders time and again about the benefits of the country and their own. "The entrepreneurs should march themselves for their business expansion. We play the role of coordinator only," he added. </p> <p style="text-align:justify"><br /> The meeting was participated by Hari Bhakta Sharma, President of confederation, Binod Chadhary, President Emeritus, governing council of CNI, officials and members of National Development Council and entrepreneurs related to confederation where they congratulated newly appointed ambassadors and wished them for successful work-tenure. </p> <p style="text-align:justify"><br /> On the occasion, President Sharma stressed the need of strategy to minimize trade deficit and increase export to India as well as to attract investment in Nepal from Indian entrepreneurs. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4533', 'image' => '20161109043626_cni.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4702', 'article_category_id' => '1', 'title' => 'IME Concludes ‘Haat Hudaina Khali’ Campaign', 'sub_title' => '', 'summary' => 'November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign period.', 'content' => '<p style="text-align:justify">November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign period.</p> <p style="text-align:justify">Issuing a press statement, the company informed that the lucky winners were Tilak Bahadur Shrestha (ICN 9067908017 from Malaysia), Surendra Prasad Tharu (ICN 77797421387 from Qatar), Ang Norbu Sherpa (ICN 90676486564 from Malaysia) and Saroj Shrestha (ICN 12390394325 from Denmark). The prizes have been received by the respective nominees of the winners in Nepal.</p> <p style="text-align:justify">According to the statement, Chandra Prasad Dhakal, Executive Chairman of IME, Suman Pokhrel CEO, Daniel D Shrestha, Head of Marketing and BD and Deepak Raj Giri, IME’s brand ambassador handed over the keys to the winners respectively amid a special function held at Hotel Royal Singi.</p> <p style="text-align:justify">"A total of 300 IME customers who had used IME services during the campaign period had won 2 tickets to Chandragiri Cable Car in daily lucky draws and 4 have won UM Powermax Scooter in weekly lucky draws during the campaign period. The winners are from various countries where IME has its network including Qatar, UAE, India, Malaysia, among others," reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4532', 'image' => '20161109030016_ime.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4701', 'article_category_id' => '1', 'title' => 'Samsung Digital Plaza at Durbar Marg', 'sub_title' => '', 'summary' => 'November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung Plazas.', 'content' => '<p style="text-align:justify">November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza, at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung Plazas.</p> <p style="text-align:justify">"Samsung is offering up to 20% Cashback for its Dashain and Tihar festivities till 15 November 2016" reads the statement. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4531', 'image' => '20161109023525_sam.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4700', 'article_category_id' => '1', 'title' => 'Govt Prepares for Health Insurance Act', 'sub_title' => '', 'summary' => 'November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an Act.', 'content' => '<p style="text-align:justify">November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an Act.</p> <p style="text-align:justify">"The Health Insurance Act is being formulated because the policy is not sufficient enough to forward the health insurance program as more and more districts are being affiliated to the program," said Dr Gunaraj Lohani, Executive Director of Social Health Security Development Committee. According to him, a draft of proposed Health Insurance Act has already been submitted to the Health Ministry by the committee which will be sent to the parliament for discussion and approval after a month. "Health insurance manual and additional policies will be formulated after the formulation of Act," he added.</p> <p style="text-align:justify">"The health insurance policy is focused on providing membership to the citizens to the program operated districts which is not sufficient to operate the program," Lohani said.</p> <p style="text-align:justify">The government through the budget of the current FY announced the 'National Health Insurance Plan' with a target to conduct health insurance to all countrymen within next three years. As per the announcement, it has allocated Rs 2.50 billion budget in order to carry out the program in 25 districts in the current year.</p> <p style="text-align:justify">Under the program, a family of five must pay Rs 2,500 annually to participate. Moreover, the participants can insure up to Rs 50,000 by paying Rs 100 per person annually. The family with more than five members will have to pay Rs 450 per member to participate in the program. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4530', 'image' => '20161109014806_nepal health.JPG', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4699', 'article_category_id' => '1', 'title' => 'Apple World Discount Offer', 'sub_title' => '', 'summary' => 'November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair. ', 'content' => '<p>November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4529', 'image' => '20161109121154_apple.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4698', 'article_category_id' => '1', 'title' => 'Net profit of Nepal Investment Bank Increases 74%', 'sub_title' => '', 'summary' => 'November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1 billion.', 'content' => '<p style="text-align:justify">November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1 billion.</p> <p style="text-align:justify">Similarly, the loan extension of the bank has increased by 87.83 percent to Rs 94.44 billion in the first quarter of the current FY. The bank has been able to recover Rs 33.5 million bad debt of the last FY. Meanwhile, the non-performing loan of the bank has reached 0.71 percent during the first three months of the current FY. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4528', 'image' => '20161109120509_NIBL.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4713', 'article_category_id' => '1', 'title' => '‘Digital Transformation Must for Industrial Growth’', 'sub_title' => '', 'summary' => 'November 11: The business community along with Nepali and foreign experts have stressed on the need of technological conversion and innovation for the economic transformation of Nepal. They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November 9.', 'content' => '<p style="text-align:justify">November 11: The business community along with Nepali and foreign experts have stressed on the need of technological conversion and innovation for the economic transformation of Nepal. They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November 9.</p> <p style="text-align:justify">Binod Chaudhary, Chairman of Chaudhary Group (CG) mentioned the importance of digitaisation for the expansion of business. “We are working to expand Wai Wai noodle brand’s market share by five percent in the world noodle market within five years,” he reveled. Chaudhary also talked about importance of startup business.</p> <p style="text-align:justify">Likewise, speaking at the program, Aroop Zutshi, Global Partner and Managing Director of Frost & Sullivan pointed to the need of adaptation of digital transformation for the industrial revolution in Nepal. Similarly, YB Dato’ Sri Dris Jala, CEO of Performance Management and Delivery Unit (PEMANDU) shared his experience on the economic progress of Malaysia and the working procedure adopted by the Malaysian government. “Private sector effort is significant in the economic development of the country,” Jala added. </p> <p style="text-align:justify">The program held discussion on different subject including growth success story, visionary perspective of Nepal 2035 and women empowerment. Similarly, the program also conducted a think tank session where the participants presented their ideas on growth opportunities in Nepal.</p> <p style="text-align:justify">Meanwhile, a CEO panel discussion on the topic Future of Business included leading business personalities from different sectors. Upendra Poudyal, CEO of NMB Bank, Saurya Rana, President of Nepal India Chamber of Commerce and Industries, Hari Bhakta Sharma, President of CNI, Padma Jyoti, Chairman of Jyoti Group, Upendra Mahato, Founding President of the International Coordination Council of Non-Resident Nepali Association, Swarnim Wagle, Member of National Planning Commission (NPC) were the participants of the panel discussion. </p> <p style="text-align:justify"><strong>Binod Chaudhary Felicitated by GIL 2016 – Excellence in Leadership Award </strong></p> <p style="text-align:justify">GIL Nepal 2016 felicitated Binod Chaudhary with Excellence in Leadership Award. Different Nepali private companies working in different sectors were awarded with Frost & Sullivan’s 2016 Best Practices Awards. The private companies working in field such as airlines, banking and financing and insurance sector, hydropower, hospital, telecom, construction company, manufacturing and tourism sector were felicitated. Similarly, Saurya SJB Rana was awarded with CEO of the year. </p> <p style="text-align:justify"><img alt="" src="/userfiles/images/gil%20award%20table%282%29.JPG" style="height:413px; width:700px" /></p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4543', 'image' => '20161111115901_forst and sulivan award_DSC4708_binod chaudhari (2).jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4711', 'article_category_id' => '1', 'title' => 'Shivam Cement Wraps Up 'Chandi Nai Chandi' Prize Scheme ', 'sub_title' => '', 'summary' => 'November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November 12.', 'content' => '<p style="text-align: justify;">November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November 12.</p> <p style="text-align: justify;">Under the scheme, the company provided 10 grams of 'Laxmi-Ganesh' marked coin to every purchase of 40 sacks of cement, reads the press statement issued by the company. </p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4541', 'image' => '20161111113131_shivam.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4710', 'article_category_id' => '1', 'title' => 'Gorkha Eco Panel Receives ISO Certification', 'sub_title' => '', 'summary' => 'November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer wall.', 'content' => '<p style="text-align: justify;">November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer wall.</p> <p style="text-align: justify;">Issuing a press statement, the company informed that the construction with prefabricated panel manufactured by Gorkha Eco Panel wraps up the construction process earlier than the traditional construction materials. As the panels are lighter in compare to traditional materials, they are also earthquake resistant. The International Green Developers Nepal in a joint investment with Alkhaja Company of Bahrain is producing Gorkha Eco Panel since 2014.</p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4540', 'image' => '20161111105632_gorkha panels.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4709', 'article_category_id' => '1', 'title' => 'Godrej Refrigerator Sales Escalate', 'sub_title' => '', 'summary' => 'November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal. ', 'content' => '<p>November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal. </p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4539', 'image' => '20161111103523_godrej.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4708', 'article_category_id' => '1', 'title' => 'Viber Launches ‘Public Accounts’ for Businesses and Brands', 'sub_title' => '', 'summary' => 'November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and seamless.', 'content' => '<p style="text-align: justify;">November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and seamless.</p> <p style="text-align: justify;">According to the press statement, the new feature will offer a suite of solutions for businesses, brands, and public figures. Similarly, it will help to engage with their audiences through the use of various 1-on-1 chat options or social broadcasting all on one platform.</p> <p style="text-align: justify;">"On Viber, people already connect securely and freely with their families, friends and colleagues. Today, we are introducing a way for people to start connecting with businesses, too," said Michael Shmilov, COO of Viber. "The first set of tools will enable businesses to reach their audience on Viber using messaging and rich interfaces, which can be tailored to the various needs of any business."</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4538', 'image' => '20161110020452_viber.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4707', 'article_category_id' => '1', 'title' => 'Note Ban in India to impact Nepal ', 'sub_title' => '', 'summary' => 'November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes. ', 'content' => '<p style="text-align: justify;">November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes. </p> <p style="text-align: justify;"><br /> Although NRB has not been able regarding the management of the abolished banknotes, it has started discussions to find the possible solutions of the effects of the ban in the Nepali market. Narayan Prasad Poudel, spokesperson of the NRB informed that the central bank is preparing to write to reserve bank of India (RBI) about the matter. "The fate of the banknotes of INR 500 and Rs 1000 denominations depends on the decision of Indian Embassy, Ministry of Finance and Government of India. We will be able to decide about the matter only after their hearing," he said. </p> <p style="text-align: justify;"><br /> According to the NRB source, the bank holds only minimal amount of the banknotes. NRB itself has nearly Rs 200,000 worth of demolished banknotes. However, the bank anticipates that the trades dealing with India along with people residing in border areas might have subsequent amount of these banknotes. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4537', 'image' => '20161110013839_INR.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4706', 'article_category_id' => '1', 'title' => 'Gorkhas Finance Enters 23rd Year', 'sub_title' => '', 'summary' => 'November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility. ', 'content' => '<p style="text-align: justify;">November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4536', 'image' => '20161110103951_gorkhas finance.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4705', 'article_category_id' => '1', 'title' => 'TCL Prize Scheme Succeeds', 'sub_title' => '', 'summary' => 'November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period. ', 'content' => '<p style="text-align: justify;">November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period. </p> <p style="text-align: justify;"><br /> As per the company, the sales of 40, 49 and 55 inches TCL smart TV along with 48 inches TCL curve TV increased due to the prize scheme. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4535', 'image' => '20161110103112_tcl.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4704', 'article_category_id' => '1', 'title' => 'Himalaya Mouthwash Launched in the Market', 'sub_title' => '', 'summary' => 'November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali market.', 'content' => '<p style="text-align:justify">November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali market.</p> <p style="text-align:justify">Issuing a statement, the company informed of launching the mouthwash targeting the customers suffering from various mouth problems. </p> <p style="text-align:justify">According to the company, the mouthwash contains various herbs including fennel seeds (saunf), neem, pomegranate, and miswak. The mouthwash is available at the price of Rs 120 in the market. </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4534', 'image' => '20161110101506_himalaya.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4703', 'article_category_id' => '1', 'title' => '"We are Corporate Representatives of Private Sector"', 'sub_title' => '', 'summary' => 'November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and China.', 'content' => '<p style="text-align:justify">November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and China. </p> <p style="text-align:justify"><br /> In the meeting, newly appointed Ambassador, Poudel assured his active role in a diplomatic way for the development of the country. He told the private sector to see them as corporate representatives of them. “Nepal should be able to cash-in the cheap capital and latest technology of China," he added. </p> <p style="text-align:justify"><br /> Meanwhile, Upadhyaya, Nepali Ambassador for India said the entrepreneurs should alert the government officials and political leaders time and again about the benefits of the country and their own. "The entrepreneurs should march themselves for their business expansion. We play the role of coordinator only," he added. </p> <p style="text-align:justify"><br /> The meeting was participated by Hari Bhakta Sharma, President of confederation, Binod Chadhary, President Emeritus, governing council of CNI, officials and members of National Development Council and entrepreneurs related to confederation where they congratulated newly appointed ambassadors and wished them for successful work-tenure. </p> <p style="text-align:justify"><br /> On the occasion, President Sharma stressed the need of strategy to minimize trade deficit and increase export to India as well as to attract investment in Nepal from Indian entrepreneurs. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4533', 'image' => '20161109043626_cni.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4702', 'article_category_id' => '1', 'title' => 'IME Concludes ‘Haat Hudaina Khali’ Campaign', 'sub_title' => '', 'summary' => 'November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign period.', 'content' => '<p style="text-align:justify">November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign period.</p> <p style="text-align:justify">Issuing a press statement, the company informed that the lucky winners were Tilak Bahadur Shrestha (ICN 9067908017 from Malaysia), Surendra Prasad Tharu (ICN 77797421387 from Qatar), Ang Norbu Sherpa (ICN 90676486564 from Malaysia) and Saroj Shrestha (ICN 12390394325 from Denmark). The prizes have been received by the respective nominees of the winners in Nepal.</p> <p style="text-align:justify">According to the statement, Chandra Prasad Dhakal, Executive Chairman of IME, Suman Pokhrel CEO, Daniel D Shrestha, Head of Marketing and BD and Deepak Raj Giri, IME’s brand ambassador handed over the keys to the winners respectively amid a special function held at Hotel Royal Singi.</p> <p style="text-align:justify">"A total of 300 IME customers who had used IME services during the campaign period had won 2 tickets to Chandragiri Cable Car in daily lucky draws and 4 have won UM Powermax Scooter in weekly lucky draws during the campaign period. The winners are from various countries where IME has its network including Qatar, UAE, India, Malaysia, among others," reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4532', 'image' => '20161109030016_ime.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4701', 'article_category_id' => '1', 'title' => 'Samsung Digital Plaza at Durbar Marg', 'sub_title' => '', 'summary' => 'November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung Plazas.', 'content' => '<p style="text-align:justify">November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza, at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung Plazas.</p> <p style="text-align:justify">"Samsung is offering up to 20% Cashback for its Dashain and Tihar festivities till 15 November 2016" reads the statement. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4531', 'image' => '20161109023525_sam.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4700', 'article_category_id' => '1', 'title' => 'Govt Prepares for Health Insurance Act', 'sub_title' => '', 'summary' => 'November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an Act.', 'content' => '<p style="text-align:justify">November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an Act.</p> <p style="text-align:justify">"The Health Insurance Act is being formulated because the policy is not sufficient enough to forward the health insurance program as more and more districts are being affiliated to the program," said Dr Gunaraj Lohani, Executive Director of Social Health Security Development Committee. According to him, a draft of proposed Health Insurance Act has already been submitted to the Health Ministry by the committee which will be sent to the parliament for discussion and approval after a month. "Health insurance manual and additional policies will be formulated after the formulation of Act," he added.</p> <p style="text-align:justify">"The health insurance policy is focused on providing membership to the citizens to the program operated districts which is not sufficient to operate the program," Lohani said.</p> <p style="text-align:justify">The government through the budget of the current FY announced the 'National Health Insurance Plan' with a target to conduct health insurance to all countrymen within next three years. As per the announcement, it has allocated Rs 2.50 billion budget in order to carry out the program in 25 districts in the current year.</p> <p style="text-align:justify">Under the program, a family of five must pay Rs 2,500 annually to participate. Moreover, the participants can insure up to Rs 50,000 by paying Rs 100 per person annually. The family with more than five members will have to pay Rs 450 per member to participate in the program. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4530', 'image' => '20161109014806_nepal health.JPG', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4699', 'article_category_id' => '1', 'title' => 'Apple World Discount Offer', 'sub_title' => '', 'summary' => 'November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair. ', 'content' => '<p>November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4529', 'image' => '20161109121154_apple.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4698', 'article_category_id' => '1', 'title' => 'Net profit of Nepal Investment Bank Increases 74%', 'sub_title' => '', 'summary' => 'November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1 billion.', 'content' => '<p style="text-align:justify">November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1 billion.</p> <p style="text-align:justify">Similarly, the loan extension of the bank has increased by 87.83 percent to Rs 94.44 billion in the first quarter of the current FY. The bank has been able to recover Rs 33.5 million bad debt of the last FY. Meanwhile, the non-performing loan of the bank has reached 0.71 percent during the first three months of the current FY. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4528', 'image' => '20161109120509_NIBL.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November 9.', 'content' => '<p style="text-align:justify">November 11: The business community along with Nepali and foreign experts have stressed on the need of technological conversion and innovation for the economic transformation of Nepal. They expressed such views in the Growth, Innovation and Leadership (GIL) Summit 2016, organised by the US-based international consulting Frost & Sullivan in Kathmandu on November 9.</p> <p style="text-align:justify">Binod Chaudhary, Chairman of Chaudhary Group (CG) mentioned the importance of digitaisation for the expansion of business. “We are working to expand Wai Wai noodle brand’s market share by five percent in the world noodle market within five years,” he reveled. Chaudhary also talked about importance of startup business.</p> <p style="text-align:justify">Likewise, speaking at the program, Aroop Zutshi, Global Partner and Managing Director of Frost & Sullivan pointed to the need of adaptation of digital transformation for the industrial revolution in Nepal. Similarly, YB Dato’ Sri Dris Jala, CEO of Performance Management and Delivery Unit (PEMANDU) shared his experience on the economic progress of Malaysia and the working procedure adopted by the Malaysian government. “Private sector effort is significant in the economic development of the country,” Jala added. </p> <p style="text-align:justify">The program held discussion on different subject including growth success story, visionary perspective of Nepal 2035 and women empowerment. Similarly, the program also conducted a think tank session where the participants presented their ideas on growth opportunities in Nepal.</p> <p style="text-align:justify">Meanwhile, a CEO panel discussion on the topic Future of Business included leading business personalities from different sectors. Upendra Poudyal, CEO of NMB Bank, Saurya Rana, President of Nepal India Chamber of Commerce and Industries, Hari Bhakta Sharma, President of CNI, Padma Jyoti, Chairman of Jyoti Group, Upendra Mahato, Founding President of the International Coordination Council of Non-Resident Nepali Association, Swarnim Wagle, Member of National Planning Commission (NPC) were the participants of the panel discussion. </p> <p style="text-align:justify"><strong>Binod Chaudhary Felicitated by GIL 2016 – Excellence in Leadership Award </strong></p> <p style="text-align:justify">GIL Nepal 2016 felicitated Binod Chaudhary with Excellence in Leadership Award. Different Nepali private companies working in different sectors were awarded with Frost & Sullivan’s 2016 Best Practices Awards. The private companies working in field such as airlines, banking and financing and insurance sector, hydropower, hospital, telecom, construction company, manufacturing and tourism sector were felicitated. Similarly, Saurya SJB Rana was awarded with CEO of the year. </p> <p style="text-align:justify"><img alt="" src="/userfiles/images/gil%20award%20table%282%29.JPG" style="height:413px; width:700px" /></p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4543', 'image' => '20161111115901_forst and sulivan award_DSC4708_binod chaudhari (2).jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4711', 'article_category_id' => '1', 'title' => 'Shivam Cement Wraps Up 'Chandi Nai Chandi' Prize Scheme ', 'sub_title' => '', 'summary' => 'November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November 12.', 'content' => '<p style="text-align: justify;">November 11: Shivam Cement has concluded the 'Chandi nai Chandi' prize scheme. The company had launched the prize scheme on the occasion of the festive season. The scheme which was launched in a bid to provide additional discount and excitement to the customers was valid from August 31 to November 12.</p> <p style="text-align: justify;">Under the scheme, the company provided 10 grams of 'Laxmi-Ganesh' marked coin to every purchase of 40 sacks of cement, reads the press statement issued by the company. </p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4541', 'image' => '20161111113131_shivam.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4710', 'article_category_id' => '1', 'title' => 'Gorkha Eco Panel Receives ISO Certification', 'sub_title' => '', 'summary' => 'November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer wall.', 'content' => '<p style="text-align: justify;">November 11: International Green Developers Nepal, producer of Gorkha Eco Panel has received the NEPAL ISO 9001:2015 certification. Green Developers, now an ISO certified company, produces construction materials required for permanent or temporary inner partition and outer wall.</p> <p style="text-align: justify;">Issuing a press statement, the company informed that the construction with prefabricated panel manufactured by Gorkha Eco Panel wraps up the construction process earlier than the traditional construction materials. As the panels are lighter in compare to traditional materials, they are also earthquake resistant. The International Green Developers Nepal in a joint investment with Alkhaja Company of Bahrain is producing Gorkha Eco Panel since 2014.</p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4540', 'image' => '20161111105632_gorkha panels.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4709', 'article_category_id' => '1', 'title' => 'Godrej Refrigerator Sales Escalate', 'sub_title' => '', 'summary' => 'November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal. ', 'content' => '<p>November 11: The sales of Godrej refrigerator has escalated due to the promotional campaign launched during the festive season. The company had launched 'Instant Cash Back' offer during the festive season. Moreover, the company also provided 10 years warranty with its refrigerator which is first of its kind in the country. IOL Company under the Chaudhary Group is the authorised distributor of Godrej refrigerator for Nepal. </p> ', 'published' => true, 'created' => '2016-11-11', 'modified' => '2016-11-11', 'keywords' => '', 'description' => '', 'sortorder' => '4539', 'image' => '20161111103523_godrej.jpg', 'article_date' => '2016-11-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4708', 'article_category_id' => '1', 'title' => 'Viber Launches ‘Public Accounts’ for Businesses and Brands', 'sub_title' => '', 'summary' => 'November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and seamless.', 'content' => '<p style="text-align: justify;">November 10: Viber, one of the world’s leading messaging apps, announces the launch of ‘Public Accounts’ on November 9. Issuing a press statement, the company informed that the new feature will allow businesses, brands and public figures to engage with Viber’s more than 800 million unique registered users in a way that is personal, intuitive and seamless.</p> <p style="text-align: justify;">According to the press statement, the new feature will offer a suite of solutions for businesses, brands, and public figures. Similarly, it will help to engage with their audiences through the use of various 1-on-1 chat options or social broadcasting all on one platform.</p> <p style="text-align: justify;">"On Viber, people already connect securely and freely with their families, friends and colleagues. Today, we are introducing a way for people to start connecting with businesses, too," said Michael Shmilov, COO of Viber. "The first set of tools will enable businesses to reach their audience on Viber using messaging and rich interfaces, which can be tailored to the various needs of any business."</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4538', 'image' => '20161110020452_viber.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4707', 'article_category_id' => '1', 'title' => 'Note Ban in India to impact Nepal ', 'sub_title' => '', 'summary' => 'November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes. ', 'content' => '<p style="text-align: justify;">November 10: The surprise ban on the circulation of INR 500 and INR 1000 banknotes by the Indian government is likely to have a major impact in Nepal. After the announcement of the scrapping of the banknotes these values, Nepal Rastra Bank (NRB) organising an emergency board meeting has banned the exchange of those banknotes in the domestic market on Wednesday, November 9. The bank directed all BFIs, money changers and general public not to have transactions with these banknotes. </p> <p style="text-align: justify;"><br /> Although NRB has not been able regarding the management of the abolished banknotes, it has started discussions to find the possible solutions of the effects of the ban in the Nepali market. Narayan Prasad Poudel, spokesperson of the NRB informed that the central bank is preparing to write to reserve bank of India (RBI) about the matter. "The fate of the banknotes of INR 500 and Rs 1000 denominations depends on the decision of Indian Embassy, Ministry of Finance and Government of India. We will be able to decide about the matter only after their hearing," he said. </p> <p style="text-align: justify;"><br /> According to the NRB source, the bank holds only minimal amount of the banknotes. NRB itself has nearly Rs 200,000 worth of demolished banknotes. However, the bank anticipates that the trades dealing with India along with people residing in border areas might have subsequent amount of these banknotes. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4537', 'image' => '20161110013839_INR.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4706', 'article_category_id' => '1', 'title' => 'Gorkhas Finance Enters 23rd Year', 'sub_title' => '', 'summary' => 'November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility. ', 'content' => '<p style="text-align: justify;">November 10: Gorkhas Finance has entered in 23rd year of its establishment. On the occasion of its anniversary, the company informed of launching a new product 'Gold/Silver loan' from its New Road branch. Similarly, on the same occasion, the company provided two TV sets and one day meal to senior citizens living in Shree Sidhhi Saligram Oldage Home as well as wheel-chairs to Cancer Hospital at Bhaktapur under its corporate social responsibility. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4536', 'image' => '20161110103951_gorkhas finance.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4705', 'article_category_id' => '1', 'title' => 'TCL Prize Scheme Succeeds', 'sub_title' => '', 'summary' => 'November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period. ', 'content' => '<p style="text-align: justify;">November 10: IOL Pvt. Ltd, the subsidiary company of Chaudhary Group and authorised distributor of TCL TV for Nepal has claimed that the prize scheme ‘Top 3 with Gift 3’ which was launched during the festive season has turned out to be more successful than expected. According to the company, the success of scheme was followed by the huge sales of TV during the festive period. </p> <p style="text-align: justify;"><br /> As per the company, the sales of 40, 49 and 55 inches TCL smart TV along with 48 inches TCL curve TV increased due to the prize scheme. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4535', 'image' => '20161110103112_tcl.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4704', 'article_category_id' => '1', 'title' => 'Himalaya Mouthwash Launched in the Market', 'sub_title' => '', 'summary' => 'November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali market.', 'content' => '<p style="text-align:justify">November 10: Himalaya Herbal has launched a new product 'Himalaya mouthwash' in the Nepali market.</p> <p style="text-align:justify">Issuing a statement, the company informed of launching the mouthwash targeting the customers suffering from various mouth problems. </p> <p style="text-align:justify">According to the company, the mouthwash contains various herbs including fennel seeds (saunf), neem, pomegranate, and miswak. The mouthwash is available at the price of Rs 120 in the market. </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-11-10', 'modified' => '2016-11-10', 'keywords' => '', 'description' => '', 'sortorder' => '4534', 'image' => '20161110101506_himalaya.jpg', 'article_date' => '2016-11-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4703', 'article_category_id' => '1', 'title' => '"We are Corporate Representatives of Private Sector"', 'sub_title' => '', 'summary' => 'November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and China.', 'content' => '<p style="text-align:justify">November 9: Confederation of Nepalese Industries (CNI) has met newly appointed Nepali Ambassadors for India and China Dip Kumar Upadhyaya and Lila Mani Poudyal on November 8. The meeting held at secretariat office of confederation was focused on implementation of economic diplomacy with India and China. </p> <p style="text-align:justify"><br /> In the meeting, newly appointed Ambassador, Poudel assured his active role in a diplomatic way for the development of the country. He told the private sector to see them as corporate representatives of them. “Nepal should be able to cash-in the cheap capital and latest technology of China," he added. </p> <p style="text-align:justify"><br /> Meanwhile, Upadhyaya, Nepali Ambassador for India said the entrepreneurs should alert the government officials and political leaders time and again about the benefits of the country and their own. "The entrepreneurs should march themselves for their business expansion. We play the role of coordinator only," he added. </p> <p style="text-align:justify"><br /> The meeting was participated by Hari Bhakta Sharma, President of confederation, Binod Chadhary, President Emeritus, governing council of CNI, officials and members of National Development Council and entrepreneurs related to confederation where they congratulated newly appointed ambassadors and wished them for successful work-tenure. </p> <p style="text-align:justify"><br /> On the occasion, President Sharma stressed the need of strategy to minimize trade deficit and increase export to India as well as to attract investment in Nepal from Indian entrepreneurs. </p> <p> </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4533', 'image' => '20161109043626_cni.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4702', 'article_category_id' => '1', 'title' => 'IME Concludes ‘Haat Hudaina Khali’ Campaign', 'sub_title' => '', 'summary' => 'November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign period.', 'content' => '<p style="text-align:justify">November 9: IME Ltd marked an end of its festive consumer promotion campaign for the year “IME Haat Hudaina Khali” on November 7. The company concluded the scheme with the handover of scooter keys to the 4 lucky weekly winners who won 1 UM Powermax Scooter each through weekly lucky draws during the campaign period.</p> <p style="text-align:justify">Issuing a press statement, the company informed that the lucky winners were Tilak Bahadur Shrestha (ICN 9067908017 from Malaysia), Surendra Prasad Tharu (ICN 77797421387 from Qatar), Ang Norbu Sherpa (ICN 90676486564 from Malaysia) and Saroj Shrestha (ICN 12390394325 from Denmark). The prizes have been received by the respective nominees of the winners in Nepal.</p> <p style="text-align:justify">According to the statement, Chandra Prasad Dhakal, Executive Chairman of IME, Suman Pokhrel CEO, Daniel D Shrestha, Head of Marketing and BD and Deepak Raj Giri, IME’s brand ambassador handed over the keys to the winners respectively amid a special function held at Hotel Royal Singi.</p> <p style="text-align:justify">"A total of 300 IME customers who had used IME services during the campaign period had won 2 tickets to Chandragiri Cable Car in daily lucky draws and 4 have won UM Powermax Scooter in weekly lucky draws during the campaign period. The winners are from various countries where IME has its network including Qatar, UAE, India, Malaysia, among others," reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4532', 'image' => '20161109030016_ime.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4701', 'article_category_id' => '1', 'title' => 'Samsung Digital Plaza at Durbar Marg', 'sub_title' => '', 'summary' => 'November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung Plazas.', 'content' => '<p style="text-align:justify">November 9: Samsung Electronics has opened its flagship store, Samsung Digital Plaza, at Durbar Marg. Issuing a press statement, the company informed that the plaza was jointly inaugurated by Hyun Chil Hong, President and CEO for Samsung Electronics South West Asia, Yubeom Won, Vice President, Samsung India Electronics, Shekhar Golchhha, Managing Director for HIM Electronics and Seema Golchha, Managing Director for Samsung Plazas.</p> <p style="text-align:justify">"Samsung is offering up to 20% Cashback for its Dashain and Tihar festivities till 15 November 2016" reads the statement. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4531', 'image' => '20161109023525_sam.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4700', 'article_category_id' => '1', 'title' => 'Govt Prepares for Health Insurance Act', 'sub_title' => '', 'summary' => 'November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an Act.', 'content' => '<p style="text-align:justify">November 9: The government is preparing to bring Health Insurance Act in a bid to organise the health insurance program. The government is preparing to launch the program across the country which was implemented last year from Kailali, Baglung and Illam. The present health insurance policy being deficient for the nationwide operation of the program, the health ministry recently forwarded the procedure to formulate an Act.</p> <p style="text-align:justify">"The Health Insurance Act is being formulated because the policy is not sufficient enough to forward the health insurance program as more and more districts are being affiliated to the program," said Dr Gunaraj Lohani, Executive Director of Social Health Security Development Committee. According to him, a draft of proposed Health Insurance Act has already been submitted to the Health Ministry by the committee which will be sent to the parliament for discussion and approval after a month. "Health insurance manual and additional policies will be formulated after the formulation of Act," he added.</p> <p style="text-align:justify">"The health insurance policy is focused on providing membership to the citizens to the program operated districts which is not sufficient to operate the program," Lohani said.</p> <p style="text-align:justify">The government through the budget of the current FY announced the 'National Health Insurance Plan' with a target to conduct health insurance to all countrymen within next three years. As per the announcement, it has allocated Rs 2.50 billion budget in order to carry out the program in 25 districts in the current year.</p> <p style="text-align:justify">Under the program, a family of five must pay Rs 2,500 annually to participate. Moreover, the participants can insure up to Rs 50,000 by paying Rs 100 per person annually. The family with more than five members will have to pay Rs 450 per member to participate in the program. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4530', 'image' => '20161109014806_nepal health.JPG', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4699', 'article_category_id' => '1', 'title' => 'Apple World Discount Offer', 'sub_title' => '', 'summary' => 'November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair. ', 'content' => '<p>November 9: Apple World has introduced a discount offer on the exchange and repair of mobile phones. Apple world is located on the 1st floor of Marcentile Plaza at Durbarmarg and has more than a dozen mobile repairing centers. Issuing a press statement, Apple World informed of offering 35 percent discount on mobile accessories, 50 percent discount in mobile purchase and repair. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4529', 'image' => '20161109121154_apple.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4698', 'article_category_id' => '1', 'title' => 'Net profit of Nepal Investment Bank Increases 74%', 'sub_title' => '', 'summary' => 'November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1 billion.', 'content' => '<p style="text-align:justify">November 9: The net profit of Nepal Investment Bank has amounted to Rs 740 million in the first quarter of the current FY. The amount is 74.78 percent more than the net profit of the same period of the last FY. During the review period, the operating profit of the bank has also increased by 88 percent to Rs 1 billion.</p> <p style="text-align:justify">Similarly, the loan extension of the bank has increased by 87.83 percent to Rs 94.44 billion in the first quarter of the current FY. The bank has been able to recover Rs 33.5 million bad debt of the last FY. Meanwhile, the non-performing loan of the bank has reached 0.71 percent during the first three months of the current FY. </p> ', 'published' => true, 'created' => '2016-11-09', 'modified' => '2016-11-09', 'keywords' => '', 'description' => '', 'sortorder' => '4528', 'image' => '20161109120509_NIBL.jpg', 'article_date' => '2016-11-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
