Nabil Bank to distribute 45% Dividend

Oct 05, 2016 0 29 seconds to read

October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its…

Fiat Punto Pure in Narayanghat

Oct 04, 2016 0 1 minutes 53 seconds to read

October 04:Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer.…

New Subisu Sales Outlet in Dillibazar

Oct 04, 2016 0 41 seconds to read

October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet ‘Subisu Station’ in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the…

LG’s TwinWash in the Market

Oct 04, 2016 0 1 minutes 35 seconds to read

October 5: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.…

Fewa Bikas Bank’s New Branch at Talchowk

Oct 04, 2016 0 41 seconds to read

October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the…

Nepal SBI Bank to Distribute Bonus Shares and Cash Dividend

Oct 04, 2016 0 31 seconds to read

October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23rd AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal…

Get Your Recharged Money Back with this App

Oct 04, 2016 0 40 seconds to read

October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched ‘Reecharger App’ allows app users to get equal amount of cash back which they used to recharge their…

Muktinath Bikas Bank Organises Financial Literacy Program

Oct 04, 2016 0 28 seconds to read

October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan ‘Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha’. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk…

Kumari Bank to Acquire four Financial Institution

Oct 04, 2016 0 41 seconds to read

October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank. The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion. Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital. Similarly, the bank will distribute bonus shares to its…

9th Anniversary of Country Devt Bank

Oct 04, 2016 0 24 seconds to read

October 4: Country Development Bank has celebrated its 9th anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank’s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution’s corporate social…

Private Sector Welcomes Endorsement of Industrial Enterprises Bill

Oct 03, 2016 0 2 minutes 11 seconds to read

October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house’s approval of the…

Gionee S6 Pro and P7 Max in the Market

Oct 03, 2016 0 1 minutes 13 seconds to read

October 3: Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago.…

HTC Forays in Nepal with 5 Desire Phones

Oct 03, 2016 0 2 minutes 32 seconds to read

October 3: Taiwanese handset maker HTC has officially entered in Nepal. The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from…

Global IME Refunds through NCHL-IPS

Oct 03, 2016 0 39 seconds to read

October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International’s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)’s IPO Refund Product (IPOR) on Friday, September…

Xiaomi Launches Redmi Note 4

Oct 03, 2016 0 36 seconds to read

October 3: Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the Nepali market on the occasion of Dashain and…

< previous107910801081108210831084108510861087next >

No Laughing Matter

The Sweet Rewards of Power

By Madan Lamsal

. . .
read more »

NEPSE

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			'title' => 'Nabil Bank to distribute 45% Dividend',
			'sub_title' => '',
			'summary' => 'October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its shareholders',
			'content' => '<p style="text-align:justify">October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its shareholders. Shambhu Prasad Poudyal, Chairman of the board of directors (BOD) informed that the bank has earned Rs 4.35 billion operating profit in the FY 2072/73. Similarly, the AGM elected Shambhu Prasad Poudyal and Daya Ram Gopal Agrawal to the BOD from the shareholders&#39; Group &#39;C&#39;. Likewise, Rastriya Beema Company also got elected by the AGM to the BOD from the shareholders&#39; group &#39;B&#39;.&nbsp;</p>

<p>&nbsp;</p>
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			'title' => 'Fiat Punto Pure in Narayanghat',
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			'summary' => 'October 04:Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer. ',
			'content' => '<p>October 04: Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer.</p>

<p>&ldquo;The Fiat Punto Pure is the entry vehicle with impressive features like strong European build, four cylinder engine, spacious interior and class leading ground clearance,&rdquo; says the company in a press statement. The hatchback is available in a 1.2 L FIRE petrol engine producing 68 PS at 6000 rpm of power and generating 96 Nm at 2500 rpm of torque.&nbsp; Priced at Rs 2.28 million, the new Fiat four-wheeler is available in to exotica red, hip hop black and white colours. According to the statement, the hatchback comes with a five-speed manual transmission. The car is equipped with a 45 liter fuel tank offering a mileage of 15.7 kmpl and has 195 millimeters of ground clearance. &ldquo;The interior of Punto Pure is inspired from its predecessor, Punto Evo which was a big hit in Nepal. The large dimension makes the cabin comfortable for five people,&rdquo; informs the company. The car also has a 280 liters boot offering ample space for weekend getaways.</p>

<p>The Punto Pure&rsquo;s comes with &lsquo;Me&rsquo; headlamps which stay on after the engine is switched off. The hatchback has 14 inch steel wheels and black colored outer rear view mirrors and door handles. The European car is embodied with fire prevention system in which the fuel supply cuts off in case off accident. Life Automobile is offering 3 years warranty and buyback guarantee for the car.</p>

<p>Rajan Gautam, President of Chitwan Chamber of Commerce and Industries, unveiled the Punto Pure amid a ceremony. The ceremony was featured with swimming, live music, DJ and cocktail dinner.</p>

<h2><strong><u>Specifications</u></strong></h2>

<p><strong>Engine Type:</strong> 1.2L FIRE Engine</p>

<p><strong>Displacement:</strong> 1172cc</p>

<p><strong>Fuel Type:</strong> Petrol</p>

<p><strong>Transmission:</strong> 5 speed manual</p>

<p><strong>Dimension: </strong>3987mm x 1687mm x 1495mm</p>

<p><strong>Ground Clearance:</strong> 195mm</p>

<p><strong>Fuel Tank:</strong> 45L</p>

<p><strong>Color: </strong>Exotica Red, Hip Hop Black and White</p>

<p><strong>Price:</strong> Rs. 22, 89,000/-</p>

<p>&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
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			'id' => '4559',
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			'title' => 'New Subisu Sales Outlet in Dillibazar',
			'sub_title' => '',
			'summary' => 'October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet ‘Subisu Station’ in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the outlet.',
			'content' => '<p>October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet &lsquo;Subisu Station&rsquo; in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the outlet.</p>

<p>&ldquo;Through the Station, Subisu aims to facilitate its customers who live nearby, providing necessary retail based services information, new connections and after sales support in a convenient manner and aims to cater pre- sales and post sales services to its valued customers in a better way through its competent and experience staffs,&rdquo; the company says&nbsp;in a press release.</p>

<p>With the addition of new outlet, the company now has four stations in the Kathmandu valley. Subisu informs that it&nbsp;is planning to open more in the near future.</p>

<p>&nbsp;</p>

<p style="margin-left:31.5pt; text-align:justify">&nbsp;</p>
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			'id' => '4558',
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			'title' => 'LG’s TwinWash in the Market',
			'sub_title' => '',
			'summary' => 'October 5: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.  ',
			'content' => '<p>October 4: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.&nbsp; &ldquo;With LG&rsquo;s TwinWash, powerful washing is possible in the main washer on top for big loads or heavily stained items,&rdquo; reads the statement. As per the company, delicate items or light soiled clothes can be washed separately in the Mini segment which resides in the machine&rsquo;s bottom. &nbsp;&nbsp;The company says that no additional space is needed for TwinWash Mini since it fits nicely under the main washer.&nbsp; A Front loader on the top and TwinWash Mini on the bottom can be installed in the same spot.</p>

<p>&ldquo;LG TwinWash washing machines offer state-of-the-art features including TurboWash, which saves up to 30 minutes on larger loads without sacrificing on cleaning performance,&rdquo; mentions the statement, adding, &nbsp;&ldquo;LG&rsquo;s front-loading design makes loading and unloading easier, while LG&rsquo;s STEAM technology gently cleans while extending the life of your clothes.&rdquo; &nbsp;The machine comes with an easy to use integrated control panel.&nbsp; The machine has three types of washing motions using the Slim DD motor, suitable for undergarments, delicate items, and functional wear which need separated washing.&nbsp; The company says that the machine&rsquo;s Inverter Direct Drive motor is 40 percent smaller and 6 percent more energy efficient.&nbsp; The machine is equipped with LG&rsquo;s Smart ThinQ technology which allows users to operate the machine remotely and electricity usage can be checked for energy monitoring and washing status.&nbsp;</p>

<p>&ldquo;LG TwinWash machine has been recognized for its stylish design, winning the RedDot Award and the IDEA International Design Excellence awards,&rdquo; informs the company.</p>

<p style="text-align:justify">&nbsp;</p>
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			'title' => 'Fewa Bikas Bank’s New Branch at Talchowk',
			'sub_title' => '',
			'summary' => 'October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the bank.',
			'content' => '<p style="text-align:justify">October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the bank.</p>

<p style="text-align:justify">The bank&rsquo;s Chairman Bindu Kumar Thapa mentioned that it will provide services in remote areas in upcoming days. He said, &ldquo;The bank has been collecting deposits and giving loans in easy and convenient ways. Along with that, the bank has been providing services such as ABBS, ATM, SMS banking, micro-financing facilities and remit service.&rdquo;</p>

<p style="text-align:justify">&nbsp;</p>
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			'title' => 'Nepal SBI Bank to Distribute Bonus Shares and Cash Dividend',
			'sub_title' => '',
			'summary' => 'October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23rd AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal year.',
			'content' => '<p style="text-align:justify">October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23<sup>rd</sup> AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal year.</p>

<p style="text-align:justify">&nbsp;</p>
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			'id' => '4555',
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			'title' => 'Get Your Recharged Money Back with this App ',
			'sub_title' => '',
			'summary' => 'October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched ‘Reecharger App’ allows app users to get equal amount of cash back which they used to recharge their mobiles.',
			'content' => '<p style="text-align:justify">October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched &lsquo;Reecharger App&rsquo; allows app users to get equal amount of cash back which they used to recharge their mobiles.</p>

<p style="text-align:justify">&ldquo;The app users of both the NTC and Ncell will get amount equal to recharge as cash back,&rdquo; informs the company issuing a press statement. According to the company, the collected cash back amount can be use for online shopping, watching movies, paying bills on restaurant, booking a flight including other services provided by the app.</p>

<p style="text-align:justify">Users can download the app free of cost from Google Play Store and Apple App Store.</p>
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			'title' => 'Muktinath Bikas Bank Organises Financial Literacy Program',
			'sub_title' => '',
			'summary' => 'October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan ‘Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha’. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk reduction.',
			'content' => '<p style="text-align:justify">October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan &lsquo;Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha&rsquo;. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk reduction.</p>
',
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		'Article' => array(
			'id' => '4553',
			'article_category_id' => '1',
			'title' => 'Kumari Bank to Acquire four Financial Institution',
			'sub_title' => '',
			'summary' => 'October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank.  The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion.  Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital.  Similarly, the bank will distribute bonus shares to its shareholders from net profit of last and previous FYs.',
			'content' => '<p>October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank.</p>

<p>The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion.</p>

<p>Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital.&nbsp; Similarly, the bank will distribute bonus shares to its shareholders from net profit of last and previous FYs.</p>
',
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			'title' => '9th Anniversary of Country Devt Bank',
			'sub_title' => '',
			'summary' => 'October 4: Country Development Bank has celebrated its 9th anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank’s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution’s corporate social responsibility.',
			'content' => '<p style="text-align:justify">October 4: Country Development Bank has celebrated its 9<sup>th</sup> anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank&rsquo;s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution&rsquo;s corporate social responsibility.</p>
',
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			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4382',
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			'article_date' => '2016-10-04 00:00:00',
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	(int) 10 => array(
		'Article' => array(
			'id' => '4551',
			'article_category_id' => '1',
			'title' => 'Private Sector Welcomes Endorsement of Industrial Enterprises Bill',
			'sub_title' => '',
			'summary' => 'October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house’s approval of the Bill.',
			'content' => '<p>October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house&rsquo;s approval of the Bill. A meeting of Legislature-Parliament on September 29 approved the Bill. It will be enacted as law after getting stamp from the President.</p>

<p>According to FNCCI, the passed Bill has left no room of conflict with other Acts as the previous Industrial Enterprises Act had faced. &ldquo;The stability of industries after has been assured,&rdquo; mentions Pashupati Murarka, President of FNCCI.</p>

<p>FNCCI notes the Bill&rsquo;s &lsquo;No Work No Pay&rsquo; provision as highly positive. The private sector body believes that the inclusion of the provision will create the environment of &lsquo;More Work More Pay&rsquo;.</p>

<p>The bill also has made strikes punishable offence if such activities create obstacles in the operation of industries. &ldquo;This provision will add more strength to the development of the industrial sector,&rdquo; adds Murarka.</p>

<p>Speaking at the program held on the FNCCI premises, he further said the new Act has determined the important basis for the development and expansion of industries in the country.</p>

<p>Similarly, FNCCI has welcomed the &lsquo;One Window Policy&rsquo; provision of the Bill. FNCCI is also delighted to have provision of full rebate of income tax for five years in hotel infrastructures with investment over Rs 50 million that are constructed outside the metropolitan and sub-metropolitan areas as well as the provision of 50 percent rebate on income tax for three years in the same sector.</p>

<p>The private sector body believes that the enactment of the Bill as law will help for the convenient operation of industries. The ease on Environment Impact Assessment (EIA) and Environment Effect Analysis (EEA) is next important provision that the private sector has been looking for. The Bill has eased the registration process of industries. It has provisioned that EIA and EEA of industries can be done after the establishment, operation and commencement of commercial production of the industries.</p>

<p>FNCCI also welcomes the provisions including mandatory CSR, special management for troubled industries, concessions on industry classification along with establishment of Industry and Investment Promotion Board.</p>

<p style="text-align:justify">Meanwhile, the private sector is demanding the parliament to endorse other major economic impending bills such as Foreign Investment and Technology Transfer Act (FITTA), Accreditation Act, Intellectual Property Act, Quality Standard Act and Electricity Act.&nbsp;</p>
',
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			'created' => '2016-10-03',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '4381',
			'image' => '20161003064219_FNCCI Logo.jpg',
			'article_date' => '2016-10-03 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '4550',
			'article_category_id' => '1',
			'title' => 'Gionee S6 Pro and P7 Max in the Market',
			'sub_title' => '',
			'summary' => 'October 3: Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago. ',
			'content' => '<p style="text-align: justify;">October 3:&nbsp;Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago.&nbsp;</p>

<p style="text-align: justify;"><br />
Powered by 64-bit 1.8 GHz Helio P10 processor, S6 Pro comes with 4 GB RAM and 32 GB internal storage. The handset sports 5.5 inch 2.5D Water Drop FHD display having 401 ppi pixel density. The company says that, the combination of top tier processor, higher RAM capacity and high-end display makes S6 Pro an ideal device for gaming and video viewing. The phone has a 13MP phase detection autofocus rear camera and an 8MP front camera with screen flash. The handset is equipped with front fingerprint scanner which can also be used to take photos. The dual-SIM phone houses a 3,130 mAh battery and has USB Type C charging facility. It runs on Gionee&rsquo;s proprietary Amigo 3.2 UI which is based on Android 6.0.1. Available in various colours, S6 Pro is priced at Rs 34,999.&nbsp;</p>

<p style="text-align: justify;"><br />
Meanwhile, P7 Max is powered by a MT6595 octa-core 2.2 GHz processor, 3,100 mAH battery, 3GB RAM and has 5.5-inch HD screen, 13 MP rear camera, 5 MP front camera and 32GB internal storage. The phone runs on Android 6.0 based Amigo 3.2 UI. The latest Gionee handset carries a price tag of Rs 21,999.&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4380',
			'image' => '20161003042054_gionee.jpg',
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		'Article' => array(
			'id' => '4548',
			'article_category_id' => '1',
			'title' => 'HTC Forays in Nepal with 5 Desire Phones',
			'sub_title' => '',
			'summary' => 'October 3: Taiwanese handset maker HTC has officially entered in Nepal.  The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from R',
			'content' => '<p style="text-align:justify">October 3:&nbsp;Taiwanese handset maker HTC has officially entered in Nepal. &nbsp;The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from Rs 22,935 to Rs 34,045. The handsets were jointly unveiled by MP and former education minister Chitralekha Yadav, her husband Krishna Yadav, Genxt Managing Director Pawan Bhimsaria, Director Nikeeta Bhimsaria and officials from HTC.&nbsp;</p>

<p style="text-align:justify"><br />
Among the handsets, 630, 628 and 626 LTE are 5 inch devices whereas, the latter two are 5.5 inch smartphones. &nbsp;Priced at Rs 24,519, the 140 grams Desire 630 comes with a Super LCD HD display with 229 ppi pixel density. The dual-SIM phone which runs on Android 6.0 (Marshmallow) is powered by Qualcomm Snapdragon 400 1.6 GHz quad-core processor, Adreno 305 GPU and 2 GB RAM. It has 16 GB internal memory and houses a microSD slot that can be used to expand the handset&rsquo;s storage up to 256 GB. The phone is equipped with a 13MP rear camera and a 5MP front snapper. It sports a 2,200 mAh removable Li-Ion battery.&nbsp;</p>

<p style="text-align:justify"><br />
Meanwhile, Desire 628 also comes with a HD IPS LCD display and is equipped with 1.3 GHZ octa-core processor, 3 GB RAM, 13MP back camera and 5MP front camera. It runs on Android 5.1 (Lollipop) and comes with 32 GB storage which is expandable up to 256 GB. &nbsp;Carrying a price tag of Rs 25,568, the dual-SIM handset has 2,200 mAh battery. Similarly, the 626 LTE model is also a HD display handset that comes with Qualcomm Snapdragon 410 and Mediatek MT6752 processor variants. It has a 13MP OIS primary camera with features including 1.12 &micro;m pixels, HDR and touch focus and a 4MP secondary snapper. It comes with 3 GB RAM and has 32 GB ROM which is expandable up to 256 GB via a dedicated slot. &nbsp;It houses Mali-T760MP2 GPU, a 2,800 mAh battery and runs on Android 4.4 (KitKat).&nbsp;</p>

<p style="text-align:justify"><br />
The Desire 728 is powered by a 1.3 GHz Cortex A-53 octa-core processor and has 2 GB RAM and 16 GB on-board memory which is expandable up to 256 GB. It comes with 13MP primary camera and 5MP secondary snapper. A 2,800 non-removable Li-Po battery provides power backup to the device. It is priced at Rs 23,815. Likewise, the Desire 830 is the upper mid-end HTC smartphone that comes with a full-HD display (401 ppi pixel density) and is powered by a 1.5 GHz octa-core processor and 3 GB RAM. It has 13MP OIS rear and 4MP front facing cameras. The dual-SIM phone has a 2,800 non-removable mAh battery and has 32 GB internal storage which can be expanded up to 256 GB via a microSD card slot. The handset is available at Rs 34,045 in the market.&nbsp;</p>

<p style="text-align:justify"><br />
In the launch event, the company also informed that it will also introduce entry-level and high-end models in Nepal next month. The company is offering free Genxt powerbank on the purchase of every smartphone as Dashain Offer. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
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			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4379',
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		'Article' => array(
			'id' => '4547',
			'article_category_id' => '1',
			'title' => 'Global IME Refunds through NCHL-IPS',
			'sub_title' => '',
			'summary' => 'October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International’s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)’s IPO Refund Product (IPOR) on Friday, September 30.',
			'content' => '<p style="text-align:justify">October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International&rsquo;s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)&rsquo;s IPO Refund Product (IPOR) on Friday, September 30.</p>

<p style="text-align:justify">However, The Capital has made payments with cheques to those investors, who have accounts with NCHL-IPS non-member bank&nbsp;and financial institutions (BFIs). Meanwhile, Nepal Clearing House said that the direct payment to investors&rsquo; bank account will reduce the hardship of investors of getting the cheque and deposit to their bank accounts. Along with it, it also said that the mechanism has helped to save time of the investors.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4378',
			'image' => '20161003042517_global ime capital.JPG',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4546',
			'article_category_id' => '1',
			'title' => 'Xiaomi Launches Redmi Note 4 ',
			'sub_title' => '',
			'summary' => 'October 3:   Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the Nepali market on the occasion of Dashain and Tihar.',
			'content' => '<p>October 3: &nbsp; Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the market on the occasion of Dashain and Tihar.</p>

<p>The new Xiaomi handset comes with a 5.5-inch screen and features Heliox20 Deca-Core 2.1 GHz processor, 3GB RAM and 64GB ROM. It has a 13 MP rear camera and a 5 MP front camera. The Redmi Note 4 is equipped with a 4,100 mAh battery and a finger print sensor. It has been priced at Rs 32,999.</p>

<p>Vatsal Impex also opened its authorised showroom at Labim Mall in Pulchowk. According to the company, the showroom will showcase Mi TVs, earphones, speakers, water purifiers, selfie sticks, tablets along with Mi phones.</p>

<p>&nbsp;</p>
',
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			'image' => '20161003123146_xiomee.jpg',
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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$articles = array(
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		'Article' => array(
			'id' => '4561',
			'article_category_id' => '1',
			'title' => 'Nabil Bank to distribute 45% Dividend',
			'sub_title' => '',
			'summary' => 'October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its shareholders',
			'content' => '<p style="text-align:justify">October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its shareholders. Shambhu Prasad Poudyal, Chairman of the board of directors (BOD) informed that the bank has earned Rs 4.35 billion operating profit in the FY 2072/73. Similarly, the AGM elected Shambhu Prasad Poudyal and Daya Ram Gopal Agrawal to the BOD from the shareholders&#39; Group &#39;C&#39;. Likewise, Rastriya Beema Company also got elected by the AGM to the BOD from the shareholders&#39; group &#39;B&#39;.&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2016-10-05',
			'modified' => '2016-10-05',
			'keywords' => '',
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			'sortorder' => '4391',
			'image' => '20161005113428_nabil bank.jpg',
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			'title' => 'Fiat Punto Pure in Narayanghat',
			'sub_title' => '',
			'summary' => 'October 04:Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer. ',
			'content' => '<p>October 04: Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer.</p>

<p>&ldquo;The Fiat Punto Pure is the entry vehicle with impressive features like strong European build, four cylinder engine, spacious interior and class leading ground clearance,&rdquo; says the company in a press statement. The hatchback is available in a 1.2 L FIRE petrol engine producing 68 PS at 6000 rpm of power and generating 96 Nm at 2500 rpm of torque.&nbsp; Priced at Rs 2.28 million, the new Fiat four-wheeler is available in to exotica red, hip hop black and white colours. According to the statement, the hatchback comes with a five-speed manual transmission. The car is equipped with a 45 liter fuel tank offering a mileage of 15.7 kmpl and has 195 millimeters of ground clearance. &ldquo;The interior of Punto Pure is inspired from its predecessor, Punto Evo which was a big hit in Nepal. The large dimension makes the cabin comfortable for five people,&rdquo; informs the company. The car also has a 280 liters boot offering ample space for weekend getaways.</p>

<p>The Punto Pure&rsquo;s comes with &lsquo;Me&rsquo; headlamps which stay on after the engine is switched off. The hatchback has 14 inch steel wheels and black colored outer rear view mirrors and door handles. The European car is embodied with fire prevention system in which the fuel supply cuts off in case off accident. Life Automobile is offering 3 years warranty and buyback guarantee for the car.</p>

<p>Rajan Gautam, President of Chitwan Chamber of Commerce and Industries, unveiled the Punto Pure amid a ceremony. The ceremony was featured with swimming, live music, DJ and cocktail dinner.</p>

<h2><strong><u>Specifications</u></strong></h2>

<p><strong>Engine Type:</strong> 1.2L FIRE Engine</p>

<p><strong>Displacement:</strong> 1172cc</p>

<p><strong>Fuel Type:</strong> Petrol</p>

<p><strong>Transmission:</strong> 5 speed manual</p>

<p><strong>Dimension: </strong>3987mm x 1687mm x 1495mm</p>

<p><strong>Ground Clearance:</strong> 195mm</p>

<p><strong>Fuel Tank:</strong> 45L</p>

<p><strong>Color: </strong>Exotica Red, Hip Hop Black and White</p>

<p><strong>Price:</strong> Rs. 22, 89,000/-</p>

<p>&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
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			'keywords' => '',
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			'sortorder' => '4390',
			'image' => '20161004060947_Punto_pure.jpg',
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		'Article' => array(
			'id' => '4559',
			'article_category_id' => '1',
			'title' => 'New Subisu Sales Outlet in Dillibazar',
			'sub_title' => '',
			'summary' => 'October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet ‘Subisu Station’ in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the outlet.',
			'content' => '<p>October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet &lsquo;Subisu Station&rsquo; in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the outlet.</p>

<p>&ldquo;Through the Station, Subisu aims to facilitate its customers who live nearby, providing necessary retail based services information, new connections and after sales support in a convenient manner and aims to cater pre- sales and post sales services to its valued customers in a better way through its competent and experience staffs,&rdquo; the company says&nbsp;in a press release.</p>

<p>With the addition of new outlet, the company now has four stations in the Kathmandu valley. Subisu informs that it&nbsp;is planning to open more in the near future.</p>

<p>&nbsp;</p>

<p style="margin-left:31.5pt; text-align:justify">&nbsp;</p>
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			'id' => '4558',
			'article_category_id' => '1',
			'title' => 'LG’s TwinWash in the Market',
			'sub_title' => '',
			'summary' => 'October 5: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.  ',
			'content' => '<p>October 4: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.&nbsp; &ldquo;With LG&rsquo;s TwinWash, powerful washing is possible in the main washer on top for big loads or heavily stained items,&rdquo; reads the statement. As per the company, delicate items or light soiled clothes can be washed separately in the Mini segment which resides in the machine&rsquo;s bottom. &nbsp;&nbsp;The company says that no additional space is needed for TwinWash Mini since it fits nicely under the main washer.&nbsp; A Front loader on the top and TwinWash Mini on the bottom can be installed in the same spot.</p>

<p>&ldquo;LG TwinWash washing machines offer state-of-the-art features including TurboWash, which saves up to 30 minutes on larger loads without sacrificing on cleaning performance,&rdquo; mentions the statement, adding, &nbsp;&ldquo;LG&rsquo;s front-loading design makes loading and unloading easier, while LG&rsquo;s STEAM technology gently cleans while extending the life of your clothes.&rdquo; &nbsp;The machine comes with an easy to use integrated control panel.&nbsp; The machine has three types of washing motions using the Slim DD motor, suitable for undergarments, delicate items, and functional wear which need separated washing.&nbsp; The company says that the machine&rsquo;s Inverter Direct Drive motor is 40 percent smaller and 6 percent more energy efficient.&nbsp; The machine is equipped with LG&rsquo;s Smart ThinQ technology which allows users to operate the machine remotely and electricity usage can be checked for energy monitoring and washing status.&nbsp;</p>

<p>&ldquo;LG TwinWash machine has been recognized for its stylish design, winning the RedDot Award and the IDEA International Design Excellence awards,&rdquo; informs the company.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4388',
			'image' => '20161004053431_LG-TWIN-Wash.jpg',
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '4557',
			'article_category_id' => '1',
			'title' => 'Fewa Bikas Bank’s New Branch at Talchowk',
			'sub_title' => '',
			'summary' => 'October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the bank.',
			'content' => '<p style="text-align:justify">October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the bank.</p>

<p style="text-align:justify">The bank&rsquo;s Chairman Bindu Kumar Thapa mentioned that it will provide services in remote areas in upcoming days. He said, &ldquo;The bank has been collecting deposits and giving loans in easy and convenient ways. Along with that, the bank has been providing services such as ABBS, ATM, SMS banking, micro-financing facilities and remit service.&rdquo;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4387',
			'image' => null,
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '4556',
			'article_category_id' => '1',
			'title' => 'Nepal SBI Bank to Distribute Bonus Shares and Cash Dividend',
			'sub_title' => '',
			'summary' => 'October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23rd AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal year.',
			'content' => '<p style="text-align:justify">October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23<sup>rd</sup> AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal year.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4386',
			'image' => '20161004050104_SBI.jpg',
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4555',
			'article_category_id' => '1',
			'title' => 'Get Your Recharged Money Back with this App ',
			'sub_title' => '',
			'summary' => 'October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched ‘Reecharger App’ allows app users to get equal amount of cash back which they used to recharge their mobiles.',
			'content' => '<p style="text-align:justify">October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched &lsquo;Reecharger App&rsquo; allows app users to get equal amount of cash back which they used to recharge their mobiles.</p>

<p style="text-align:justify">&ldquo;The app users of both the NTC and Ncell will get amount equal to recharge as cash back,&rdquo; informs the company issuing a press statement. According to the company, the collected cash back amount can be use for online shopping, watching movies, paying bills on restaurant, booking a flight including other services provided by the app.</p>

<p style="text-align:justify">Users can download the app free of cost from Google Play Store and Apple App Store.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4385',
			'image' => null,
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4554',
			'article_category_id' => '1',
			'title' => 'Muktinath Bikas Bank Organises Financial Literacy Program',
			'sub_title' => '',
			'summary' => 'October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan ‘Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha’. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk reduction.',
			'content' => '<p style="text-align:justify">October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan &lsquo;Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha&rsquo;. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk reduction.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4384',
			'image' => null,
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4553',
			'article_category_id' => '1',
			'title' => 'Kumari Bank to Acquire four Financial Institution',
			'sub_title' => '',
			'summary' => 'October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank.  The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion.  Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital.  Similarly, the bank will distribute bonus shares to its shareholders from net profit of last and previous FYs.',
			'content' => '<p>October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank.</p>

<p>The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion.</p>

<p>Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital.&nbsp; Similarly, the bank will distribute bonus shares to its shareholders from net profit of last and previous FYs.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4383',
			'image' => '20161004042434_newbiz.jpg',
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4552',
			'article_category_id' => '1',
			'title' => '9th Anniversary of Country Devt Bank',
			'sub_title' => '',
			'summary' => 'October 4: Country Development Bank has celebrated its 9th anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank’s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution’s corporate social responsibility.',
			'content' => '<p style="text-align:justify">October 4: Country Development Bank has celebrated its 9<sup>th</sup> anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank&rsquo;s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution&rsquo;s corporate social responsibility.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4382',
			'image' => null,
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4551',
			'article_category_id' => '1',
			'title' => 'Private Sector Welcomes Endorsement of Industrial Enterprises Bill',
			'sub_title' => '',
			'summary' => 'October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house’s approval of the Bill.',
			'content' => '<p>October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house&rsquo;s approval of the Bill. A meeting of Legislature-Parliament on September 29 approved the Bill. It will be enacted as law after getting stamp from the President.</p>

<p>According to FNCCI, the passed Bill has left no room of conflict with other Acts as the previous Industrial Enterprises Act had faced. &ldquo;The stability of industries after has been assured,&rdquo; mentions Pashupati Murarka, President of FNCCI.</p>

<p>FNCCI notes the Bill&rsquo;s &lsquo;No Work No Pay&rsquo; provision as highly positive. The private sector body believes that the inclusion of the provision will create the environment of &lsquo;More Work More Pay&rsquo;.</p>

<p>The bill also has made strikes punishable offence if such activities create obstacles in the operation of industries. &ldquo;This provision will add more strength to the development of the industrial sector,&rdquo; adds Murarka.</p>

<p>Speaking at the program held on the FNCCI premises, he further said the new Act has determined the important basis for the development and expansion of industries in the country.</p>

<p>Similarly, FNCCI has welcomed the &lsquo;One Window Policy&rsquo; provision of the Bill. FNCCI is also delighted to have provision of full rebate of income tax for five years in hotel infrastructures with investment over Rs 50 million that are constructed outside the metropolitan and sub-metropolitan areas as well as the provision of 50 percent rebate on income tax for three years in the same sector.</p>

<p>The private sector body believes that the enactment of the Bill as law will help for the convenient operation of industries. The ease on Environment Impact Assessment (EIA) and Environment Effect Analysis (EEA) is next important provision that the private sector has been looking for. The Bill has eased the registration process of industries. It has provisioned that EIA and EEA of industries can be done after the establishment, operation and commencement of commercial production of the industries.</p>

<p>FNCCI also welcomes the provisions including mandatory CSR, special management for troubled industries, concessions on industry classification along with establishment of Industry and Investment Promotion Board.</p>

<p style="text-align:justify">Meanwhile, the private sector is demanding the parliament to endorse other major economic impending bills such as Foreign Investment and Technology Transfer Act (FITTA), Accreditation Act, Intellectual Property Act, Quality Standard Act and Electricity Act.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4381',
			'image' => '20161003064219_FNCCI Logo.jpg',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4550',
			'article_category_id' => '1',
			'title' => 'Gionee S6 Pro and P7 Max in the Market',
			'sub_title' => '',
			'summary' => 'October 3: Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago. ',
			'content' => '<p style="text-align: justify;">October 3:&nbsp;Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago.&nbsp;</p>

<p style="text-align: justify;"><br />
Powered by 64-bit 1.8 GHz Helio P10 processor, S6 Pro comes with 4 GB RAM and 32 GB internal storage. The handset sports 5.5 inch 2.5D Water Drop FHD display having 401 ppi pixel density. The company says that, the combination of top tier processor, higher RAM capacity and high-end display makes S6 Pro an ideal device for gaming and video viewing. The phone has a 13MP phase detection autofocus rear camera and an 8MP front camera with screen flash. The handset is equipped with front fingerprint scanner which can also be used to take photos. The dual-SIM phone houses a 3,130 mAh battery and has USB Type C charging facility. It runs on Gionee&rsquo;s proprietary Amigo 3.2 UI which is based on Android 6.0.1. Available in various colours, S6 Pro is priced at Rs 34,999.&nbsp;</p>

<p style="text-align: justify;"><br />
Meanwhile, P7 Max is powered by a MT6595 octa-core 2.2 GHz processor, 3,100 mAH battery, 3GB RAM and has 5.5-inch HD screen, 13 MP rear camera, 5 MP front camera and 32GB internal storage. The phone runs on Android 6.0 based Amigo 3.2 UI. The latest Gionee handset carries a price tag of Rs 21,999.&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4380',
			'image' => '20161003042054_gionee.jpg',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4548',
			'article_category_id' => '1',
			'title' => 'HTC Forays in Nepal with 5 Desire Phones',
			'sub_title' => '',
			'summary' => 'October 3: Taiwanese handset maker HTC has officially entered in Nepal.  The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from R',
			'content' => '<p style="text-align:justify">October 3:&nbsp;Taiwanese handset maker HTC has officially entered in Nepal. &nbsp;The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from Rs 22,935 to Rs 34,045. The handsets were jointly unveiled by MP and former education minister Chitralekha Yadav, her husband Krishna Yadav, Genxt Managing Director Pawan Bhimsaria, Director Nikeeta Bhimsaria and officials from HTC.&nbsp;</p>

<p style="text-align:justify"><br />
Among the handsets, 630, 628 and 626 LTE are 5 inch devices whereas, the latter two are 5.5 inch smartphones. &nbsp;Priced at Rs 24,519, the 140 grams Desire 630 comes with a Super LCD HD display with 229 ppi pixel density. The dual-SIM phone which runs on Android 6.0 (Marshmallow) is powered by Qualcomm Snapdragon 400 1.6 GHz quad-core processor, Adreno 305 GPU and 2 GB RAM. It has 16 GB internal memory and houses a microSD slot that can be used to expand the handset&rsquo;s storage up to 256 GB. The phone is equipped with a 13MP rear camera and a 5MP front snapper. It sports a 2,200 mAh removable Li-Ion battery.&nbsp;</p>

<p style="text-align:justify"><br />
Meanwhile, Desire 628 also comes with a HD IPS LCD display and is equipped with 1.3 GHZ octa-core processor, 3 GB RAM, 13MP back camera and 5MP front camera. It runs on Android 5.1 (Lollipop) and comes with 32 GB storage which is expandable up to 256 GB. &nbsp;Carrying a price tag of Rs 25,568, the dual-SIM handset has 2,200 mAh battery. Similarly, the 626 LTE model is also a HD display handset that comes with Qualcomm Snapdragon 410 and Mediatek MT6752 processor variants. It has a 13MP OIS primary camera with features including 1.12 &micro;m pixels, HDR and touch focus and a 4MP secondary snapper. It comes with 3 GB RAM and has 32 GB ROM which is expandable up to 256 GB via a dedicated slot. &nbsp;It houses Mali-T760MP2 GPU, a 2,800 mAh battery and runs on Android 4.4 (KitKat).&nbsp;</p>

<p style="text-align:justify"><br />
The Desire 728 is powered by a 1.3 GHz Cortex A-53 octa-core processor and has 2 GB RAM and 16 GB on-board memory which is expandable up to 256 GB. It comes with 13MP primary camera and 5MP secondary snapper. A 2,800 non-removable Li-Po battery provides power backup to the device. It is priced at Rs 23,815. Likewise, the Desire 830 is the upper mid-end HTC smartphone that comes with a full-HD display (401 ppi pixel density) and is powered by a 1.5 GHz octa-core processor and 3 GB RAM. It has 13MP OIS rear and 4MP front facing cameras. The dual-SIM phone has a 2,800 non-removable mAh battery and has 32 GB internal storage which can be expanded up to 256 GB via a microSD card slot. The handset is available at Rs 34,045 in the market.&nbsp;</p>

<p style="text-align:justify"><br />
In the launch event, the company also informed that it will also introduce entry-level and high-end models in Nepal next month. The company is offering free Genxt powerbank on the purchase of every smartphone as Dashain Offer. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4379',
			'image' => '20161003040814_htc.jpg',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '4547',
			'article_category_id' => '1',
			'title' => 'Global IME Refunds through NCHL-IPS',
			'sub_title' => '',
			'summary' => 'October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International’s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)’s IPO Refund Product (IPOR) on Friday, September 30.',
			'content' => '<p style="text-align:justify">October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International&rsquo;s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)&rsquo;s IPO Refund Product (IPOR) on Friday, September 30.</p>

<p style="text-align:justify">However, The Capital has made payments with cheques to those investors, who have accounts with NCHL-IPS non-member bank&nbsp;and financial institutions (BFIs). Meanwhile, Nepal Clearing House said that the direct payment to investors&rsquo; bank account will reduce the hardship of investors of getting the cheque and deposit to their bank accounts. Along with it, it also said that the mechanism has helped to save time of the investors.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4378',
			'image' => '20161003042517_global ime capital.JPG',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '4546',
			'article_category_id' => '1',
			'title' => 'Xiaomi Launches Redmi Note 4 ',
			'sub_title' => '',
			'summary' => 'October 3:   Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the Nepali market on the occasion of Dashain and Tihar.',
			'content' => '<p>October 3: &nbsp; Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the market on the occasion of Dashain and Tihar.</p>

<p>The new Xiaomi handset comes with a 5.5-inch screen and features Heliox20 Deca-Core 2.1 GHz processor, 3GB RAM and 64GB ROM. It has a 13 MP rear camera and a 5 MP front camera. The Redmi Note 4 is equipped with a 4,100 mAh battery and a finger print sensor. It has been priced at Rs 32,999.</p>

<p>Vatsal Impex also opened its authorised showroom at Labim Mall in Pulchowk. According to the company, the showroom will showcase Mi TVs, earphones, speakers, water purifiers, selfie sticks, tablets along with Mi phones.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4377',
			'image' => '20161003123146_xiomee.jpg',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	)
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

file not found!

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';



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			'id' => '4561',
			'article_category_id' => '1',
			'title' => 'Nabil Bank to distribute 45% Dividend',
			'sub_title' => '',
			'summary' => 'October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its shareholders',
			'content' => '<p style="text-align:justify">October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its shareholders. Shambhu Prasad Poudyal, Chairman of the board of directors (BOD) informed that the bank has earned Rs 4.35 billion operating profit in the FY 2072/73. Similarly, the AGM elected Shambhu Prasad Poudyal and Daya Ram Gopal Agrawal to the BOD from the shareholders&#39; Group &#39;C&#39;. Likewise, Rastriya Beema Company also got elected by the AGM to the BOD from the shareholders&#39; group &#39;B&#39;.&nbsp;</p>

<p>&nbsp;</p>
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			'sortorder' => '4391',
			'image' => '20161005113428_nabil bank.jpg',
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			'id' => '4560',
			'article_category_id' => '1',
			'title' => 'Fiat Punto Pure in Narayanghat',
			'sub_title' => '',
			'summary' => 'October 04:Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer. ',
			'content' => '<p>October 04: Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer.</p>

<p>&ldquo;The Fiat Punto Pure is the entry vehicle with impressive features like strong European build, four cylinder engine, spacious interior and class leading ground clearance,&rdquo; says the company in a press statement. The hatchback is available in a 1.2 L FIRE petrol engine producing 68 PS at 6000 rpm of power and generating 96 Nm at 2500 rpm of torque.&nbsp; Priced at Rs 2.28 million, the new Fiat four-wheeler is available in to exotica red, hip hop black and white colours. According to the statement, the hatchback comes with a five-speed manual transmission. The car is equipped with a 45 liter fuel tank offering a mileage of 15.7 kmpl and has 195 millimeters of ground clearance. &ldquo;The interior of Punto Pure is inspired from its predecessor, Punto Evo which was a big hit in Nepal. The large dimension makes the cabin comfortable for five people,&rdquo; informs the company. The car also has a 280 liters boot offering ample space for weekend getaways.</p>

<p>The Punto Pure&rsquo;s comes with &lsquo;Me&rsquo; headlamps which stay on after the engine is switched off. The hatchback has 14 inch steel wheels and black colored outer rear view mirrors and door handles. The European car is embodied with fire prevention system in which the fuel supply cuts off in case off accident. Life Automobile is offering 3 years warranty and buyback guarantee for the car.</p>

<p>Rajan Gautam, President of Chitwan Chamber of Commerce and Industries, unveiled the Punto Pure amid a ceremony. The ceremony was featured with swimming, live music, DJ and cocktail dinner.</p>

<h2><strong><u>Specifications</u></strong></h2>

<p><strong>Engine Type:</strong> 1.2L FIRE Engine</p>

<p><strong>Displacement:</strong> 1172cc</p>

<p><strong>Fuel Type:</strong> Petrol</p>

<p><strong>Transmission:</strong> 5 speed manual</p>

<p><strong>Dimension: </strong>3987mm x 1687mm x 1495mm</p>

<p><strong>Ground Clearance:</strong> 195mm</p>

<p><strong>Fuel Tank:</strong> 45L</p>

<p><strong>Color: </strong>Exotica Red, Hip Hop Black and White</p>

<p><strong>Price:</strong> Rs. 22, 89,000/-</p>

<p>&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
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			'sortorder' => '4390',
			'image' => '20161004060947_Punto_pure.jpg',
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			'id' => '4559',
			'article_category_id' => '1',
			'title' => 'New Subisu Sales Outlet in Dillibazar',
			'sub_title' => '',
			'summary' => 'October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet ‘Subisu Station’ in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the outlet.',
			'content' => '<p>October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet &lsquo;Subisu Station&rsquo; in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the outlet.</p>

<p>&ldquo;Through the Station, Subisu aims to facilitate its customers who live nearby, providing necessary retail based services information, new connections and after sales support in a convenient manner and aims to cater pre- sales and post sales services to its valued customers in a better way through its competent and experience staffs,&rdquo; the company says&nbsp;in a press release.</p>

<p>With the addition of new outlet, the company now has four stations in the Kathmandu valley. Subisu informs that it&nbsp;is planning to open more in the near future.</p>

<p>&nbsp;</p>

<p style="margin-left:31.5pt; text-align:justify">&nbsp;</p>
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			'description' => '',
			'sortorder' => '4389',
			'image' => '20161004053635_Picture.jpg',
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			'id' => '4558',
			'article_category_id' => '1',
			'title' => 'LG’s TwinWash in the Market',
			'sub_title' => '',
			'summary' => 'October 5: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.  ',
			'content' => '<p>October 4: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.&nbsp; &ldquo;With LG&rsquo;s TwinWash, powerful washing is possible in the main washer on top for big loads or heavily stained items,&rdquo; reads the statement. As per the company, delicate items or light soiled clothes can be washed separately in the Mini segment which resides in the machine&rsquo;s bottom. &nbsp;&nbsp;The company says that no additional space is needed for TwinWash Mini since it fits nicely under the main washer.&nbsp; A Front loader on the top and TwinWash Mini on the bottom can be installed in the same spot.</p>

<p>&ldquo;LG TwinWash washing machines offer state-of-the-art features including TurboWash, which saves up to 30 minutes on larger loads without sacrificing on cleaning performance,&rdquo; mentions the statement, adding, &nbsp;&ldquo;LG&rsquo;s front-loading design makes loading and unloading easier, while LG&rsquo;s STEAM technology gently cleans while extending the life of your clothes.&rdquo; &nbsp;The machine comes with an easy to use integrated control panel.&nbsp; The machine has three types of washing motions using the Slim DD motor, suitable for undergarments, delicate items, and functional wear which need separated washing.&nbsp; The company says that the machine&rsquo;s Inverter Direct Drive motor is 40 percent smaller and 6 percent more energy efficient.&nbsp; The machine is equipped with LG&rsquo;s Smart ThinQ technology which allows users to operate the machine remotely and electricity usage can be checked for energy monitoring and washing status.&nbsp;</p>

<p>&ldquo;LG TwinWash machine has been recognized for its stylish design, winning the RedDot Award and the IDEA International Design Excellence awards,&rdquo; informs the company.</p>

<p style="text-align:justify">&nbsp;</p>
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			'id' => '4557',
			'article_category_id' => '1',
			'title' => 'Fewa Bikas Bank’s New Branch at Talchowk',
			'sub_title' => '',
			'summary' => 'October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the bank.',
			'content' => '<p style="text-align:justify">October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the bank.</p>

<p style="text-align:justify">The bank&rsquo;s Chairman Bindu Kumar Thapa mentioned that it will provide services in remote areas in upcoming days. He said, &ldquo;The bank has been collecting deposits and giving loans in easy and convenient ways. Along with that, the bank has been providing services such as ABBS, ATM, SMS banking, micro-financing facilities and remit service.&rdquo;</p>

<p style="text-align:justify">&nbsp;</p>
',
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		'Article' => array(
			'id' => '4556',
			'article_category_id' => '1',
			'title' => 'Nepal SBI Bank to Distribute Bonus Shares and Cash Dividend',
			'sub_title' => '',
			'summary' => 'October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23rd AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal year.',
			'content' => '<p style="text-align:justify">October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23<sup>rd</sup> AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal year.</p>

<p style="text-align:justify">&nbsp;</p>
',
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			'sortorder' => '4386',
			'image' => '20161004050104_SBI.jpg',
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		'Article' => array(
			'id' => '4555',
			'article_category_id' => '1',
			'title' => 'Get Your Recharged Money Back with this App ',
			'sub_title' => '',
			'summary' => 'October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched ‘Reecharger App’ allows app users to get equal amount of cash back which they used to recharge their mobiles.',
			'content' => '<p style="text-align:justify">October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched &lsquo;Reecharger App&rsquo; allows app users to get equal amount of cash back which they used to recharge their mobiles.</p>

<p style="text-align:justify">&ldquo;The app users of both the NTC and Ncell will get amount equal to recharge as cash back,&rdquo; informs the company issuing a press statement. According to the company, the collected cash back amount can be use for online shopping, watching movies, paying bills on restaurant, booking a flight including other services provided by the app.</p>

<p style="text-align:justify">Users can download the app free of cost from Google Play Store and Apple App Store.</p>
',
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			'sortorder' => '4385',
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		'Article' => array(
			'id' => '4554',
			'article_category_id' => '1',
			'title' => 'Muktinath Bikas Bank Organises Financial Literacy Program',
			'sub_title' => '',
			'summary' => 'October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan ‘Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha’. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk reduction.',
			'content' => '<p style="text-align:justify">October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan &lsquo;Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha&rsquo;. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk reduction.</p>
',
			'published' => true,
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			'keywords' => '',
			'description' => '',
			'sortorder' => '4384',
			'image' => null,
			'article_date' => '2016-10-04 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '4553',
			'article_category_id' => '1',
			'title' => 'Kumari Bank to Acquire four Financial Institution',
			'sub_title' => '',
			'summary' => 'October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank.  The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion.  Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital.  Similarly, the bank will distribute bonus shares to its shareholders from net profit of last and previous FYs.',
			'content' => '<p>October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank.</p>

<p>The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion.</p>

<p>Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital.&nbsp; Similarly, the bank will distribute bonus shares to its shareholders from net profit of last and previous FYs.</p>
',
			'published' => true,
			'created' => '2016-10-04',
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		'Article' => array(
			'id' => '4552',
			'article_category_id' => '1',
			'title' => '9th Anniversary of Country Devt Bank',
			'sub_title' => '',
			'summary' => 'October 4: Country Development Bank has celebrated its 9th anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank’s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution’s corporate social responsibility.',
			'content' => '<p style="text-align:justify">October 4: Country Development Bank has celebrated its 9<sup>th</sup> anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank&rsquo;s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution&rsquo;s corporate social responsibility.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4382',
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	(int) 10 => array(
		'Article' => array(
			'id' => '4551',
			'article_category_id' => '1',
			'title' => 'Private Sector Welcomes Endorsement of Industrial Enterprises Bill',
			'sub_title' => '',
			'summary' => 'October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house’s approval of the Bill.',
			'content' => '<p>October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house&rsquo;s approval of the Bill. A meeting of Legislature-Parliament on September 29 approved the Bill. It will be enacted as law after getting stamp from the President.</p>

<p>According to FNCCI, the passed Bill has left no room of conflict with other Acts as the previous Industrial Enterprises Act had faced. &ldquo;The stability of industries after has been assured,&rdquo; mentions Pashupati Murarka, President of FNCCI.</p>

<p>FNCCI notes the Bill&rsquo;s &lsquo;No Work No Pay&rsquo; provision as highly positive. The private sector body believes that the inclusion of the provision will create the environment of &lsquo;More Work More Pay&rsquo;.</p>

<p>The bill also has made strikes punishable offence if such activities create obstacles in the operation of industries. &ldquo;This provision will add more strength to the development of the industrial sector,&rdquo; adds Murarka.</p>

<p>Speaking at the program held on the FNCCI premises, he further said the new Act has determined the important basis for the development and expansion of industries in the country.</p>

<p>Similarly, FNCCI has welcomed the &lsquo;One Window Policy&rsquo; provision of the Bill. FNCCI is also delighted to have provision of full rebate of income tax for five years in hotel infrastructures with investment over Rs 50 million that are constructed outside the metropolitan and sub-metropolitan areas as well as the provision of 50 percent rebate on income tax for three years in the same sector.</p>

<p>The private sector body believes that the enactment of the Bill as law will help for the convenient operation of industries. The ease on Environment Impact Assessment (EIA) and Environment Effect Analysis (EEA) is next important provision that the private sector has been looking for. The Bill has eased the registration process of industries. It has provisioned that EIA and EEA of industries can be done after the establishment, operation and commencement of commercial production of the industries.</p>

<p>FNCCI also welcomes the provisions including mandatory CSR, special management for troubled industries, concessions on industry classification along with establishment of Industry and Investment Promotion Board.</p>

<p style="text-align:justify">Meanwhile, the private sector is demanding the parliament to endorse other major economic impending bills such as Foreign Investment and Technology Transfer Act (FITTA), Accreditation Act, Intellectual Property Act, Quality Standard Act and Electricity Act.&nbsp;</p>
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	(int) 11 => array(
		'Article' => array(
			'id' => '4550',
			'article_category_id' => '1',
			'title' => 'Gionee S6 Pro and P7 Max in the Market',
			'sub_title' => '',
			'summary' => 'October 3: Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago. ',
			'content' => '<p style="text-align: justify;">October 3:&nbsp;Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago.&nbsp;</p>

<p style="text-align: justify;"><br />
Powered by 64-bit 1.8 GHz Helio P10 processor, S6 Pro comes with 4 GB RAM and 32 GB internal storage. The handset sports 5.5 inch 2.5D Water Drop FHD display having 401 ppi pixel density. The company says that, the combination of top tier processor, higher RAM capacity and high-end display makes S6 Pro an ideal device for gaming and video viewing. The phone has a 13MP phase detection autofocus rear camera and an 8MP front camera with screen flash. The handset is equipped with front fingerprint scanner which can also be used to take photos. The dual-SIM phone houses a 3,130 mAh battery and has USB Type C charging facility. It runs on Gionee&rsquo;s proprietary Amigo 3.2 UI which is based on Android 6.0.1. Available in various colours, S6 Pro is priced at Rs 34,999.&nbsp;</p>

<p style="text-align: justify;"><br />
Meanwhile, P7 Max is powered by a MT6595 octa-core 2.2 GHz processor, 3,100 mAH battery, 3GB RAM and has 5.5-inch HD screen, 13 MP rear camera, 5 MP front camera and 32GB internal storage. The phone runs on Android 6.0 based Amigo 3.2 UI. The latest Gionee handset carries a price tag of Rs 21,999.&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'sortorder' => '4380',
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		'Article' => array(
			'id' => '4548',
			'article_category_id' => '1',
			'title' => 'HTC Forays in Nepal with 5 Desire Phones',
			'sub_title' => '',
			'summary' => 'October 3: Taiwanese handset maker HTC has officially entered in Nepal.  The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from R',
			'content' => '<p style="text-align:justify">October 3:&nbsp;Taiwanese handset maker HTC has officially entered in Nepal. &nbsp;The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from Rs 22,935 to Rs 34,045. The handsets were jointly unveiled by MP and former education minister Chitralekha Yadav, her husband Krishna Yadav, Genxt Managing Director Pawan Bhimsaria, Director Nikeeta Bhimsaria and officials from HTC.&nbsp;</p>

<p style="text-align:justify"><br />
Among the handsets, 630, 628 and 626 LTE are 5 inch devices whereas, the latter two are 5.5 inch smartphones. &nbsp;Priced at Rs 24,519, the 140 grams Desire 630 comes with a Super LCD HD display with 229 ppi pixel density. The dual-SIM phone which runs on Android 6.0 (Marshmallow) is powered by Qualcomm Snapdragon 400 1.6 GHz quad-core processor, Adreno 305 GPU and 2 GB RAM. It has 16 GB internal memory and houses a microSD slot that can be used to expand the handset&rsquo;s storage up to 256 GB. The phone is equipped with a 13MP rear camera and a 5MP front snapper. It sports a 2,200 mAh removable Li-Ion battery.&nbsp;</p>

<p style="text-align:justify"><br />
Meanwhile, Desire 628 also comes with a HD IPS LCD display and is equipped with 1.3 GHZ octa-core processor, 3 GB RAM, 13MP back camera and 5MP front camera. It runs on Android 5.1 (Lollipop) and comes with 32 GB storage which is expandable up to 256 GB. &nbsp;Carrying a price tag of Rs 25,568, the dual-SIM handset has 2,200 mAh battery. Similarly, the 626 LTE model is also a HD display handset that comes with Qualcomm Snapdragon 410 and Mediatek MT6752 processor variants. It has a 13MP OIS primary camera with features including 1.12 &micro;m pixels, HDR and touch focus and a 4MP secondary snapper. It comes with 3 GB RAM and has 32 GB ROM which is expandable up to 256 GB via a dedicated slot. &nbsp;It houses Mali-T760MP2 GPU, a 2,800 mAh battery and runs on Android 4.4 (KitKat).&nbsp;</p>

<p style="text-align:justify"><br />
The Desire 728 is powered by a 1.3 GHz Cortex A-53 octa-core processor and has 2 GB RAM and 16 GB on-board memory which is expandable up to 256 GB. It comes with 13MP primary camera and 5MP secondary snapper. A 2,800 non-removable Li-Po battery provides power backup to the device. It is priced at Rs 23,815. Likewise, the Desire 830 is the upper mid-end HTC smartphone that comes with a full-HD display (401 ppi pixel density) and is powered by a 1.5 GHz octa-core processor and 3 GB RAM. It has 13MP OIS rear and 4MP front facing cameras. The dual-SIM phone has a 2,800 non-removable mAh battery and has 32 GB internal storage which can be expanded up to 256 GB via a microSD card slot. The handset is available at Rs 34,045 in the market.&nbsp;</p>

<p style="text-align:justify"><br />
In the launch event, the company also informed that it will also introduce entry-level and high-end models in Nepal next month. The company is offering free Genxt powerbank on the purchase of every smartphone as Dashain Offer. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
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			'keywords' => '',
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			'sortorder' => '4379',
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			'id' => '4547',
			'article_category_id' => '1',
			'title' => 'Global IME Refunds through NCHL-IPS',
			'sub_title' => '',
			'summary' => 'October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International’s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)’s IPO Refund Product (IPOR) on Friday, September 30.',
			'content' => '<p style="text-align:justify">October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International&rsquo;s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)&rsquo;s IPO Refund Product (IPOR) on Friday, September 30.</p>

<p style="text-align:justify">However, The Capital has made payments with cheques to those investors, who have accounts with NCHL-IPS non-member bank&nbsp;and financial institutions (BFIs). Meanwhile, Nepal Clearing House said that the direct payment to investors&rsquo; bank account will reduce the hardship of investors of getting the cheque and deposit to their bank accounts. Along with it, it also said that the mechanism has helped to save time of the investors.&nbsp;</p>
',
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			'keywords' => '',
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			'sortorder' => '4378',
			'image' => '20161003042517_global ime capital.JPG',
			'article_date' => '2016-10-03 00:00:00',
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			'id' => '4546',
			'article_category_id' => '1',
			'title' => 'Xiaomi Launches Redmi Note 4 ',
			'sub_title' => '',
			'summary' => 'October 3:   Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the Nepali market on the occasion of Dashain and Tihar.',
			'content' => '<p>October 3: &nbsp; Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the market on the occasion of Dashain and Tihar.</p>

<p>The new Xiaomi handset comes with a 5.5-inch screen and features Heliox20 Deca-Core 2.1 GHz processor, 3GB RAM and 64GB ROM. It has a 13 MP rear camera and a 5 MP front camera. The Redmi Note 4 is equipped with a 4,100 mAh battery and a finger print sensor. It has been priced at Rs 32,999.</p>

<p>Vatsal Impex also opened its authorised showroom at Labim Mall in Pulchowk. According to the company, the showroom will showcase Mi TVs, earphones, speakers, water purifiers, selfie sticks, tablets along with Mi phones.</p>

<p>&nbsp;</p>
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			'image' => '20161003123146_xiomee.jpg',
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		'Article' => array(
			'id' => '4561',
			'article_category_id' => '1',
			'title' => 'Nabil Bank to distribute 45% Dividend',
			'sub_title' => '',
			'summary' => 'October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its shareholders',
			'content' => '<p style="text-align:justify">October 5: The 32th annual general meeting (AGM) of Nabil Bank has approved a proposal to distribute 15 percent cash dividend and 30 percent bonus share to its shareholders. Shambhu Prasad Poudyal, Chairman of the board of directors (BOD) informed that the bank has earned Rs 4.35 billion operating profit in the FY 2072/73. Similarly, the AGM elected Shambhu Prasad Poudyal and Daya Ram Gopal Agrawal to the BOD from the shareholders&#39; Group &#39;C&#39;. Likewise, Rastriya Beema Company also got elected by the AGM to the BOD from the shareholders&#39; group &#39;B&#39;.&nbsp;</p>

<p>&nbsp;</p>
',
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			'sortorder' => '4391',
			'image' => '20161005113428_nabil bank.jpg',
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			'title' => 'Fiat Punto Pure in Narayanghat',
			'sub_title' => '',
			'summary' => 'October 04:Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer. ',
			'content' => '<p>October 04: Life Automobile, the authorized distributor of Fiat cars in Nepal, has started sales of Punto Pure hatchback in Narayanghat appointing Euro Automotive as the local dealer.</p>

<p>&ldquo;The Fiat Punto Pure is the entry vehicle with impressive features like strong European build, four cylinder engine, spacious interior and class leading ground clearance,&rdquo; says the company in a press statement. The hatchback is available in a 1.2 L FIRE petrol engine producing 68 PS at 6000 rpm of power and generating 96 Nm at 2500 rpm of torque.&nbsp; Priced at Rs 2.28 million, the new Fiat four-wheeler is available in to exotica red, hip hop black and white colours. According to the statement, the hatchback comes with a five-speed manual transmission. The car is equipped with a 45 liter fuel tank offering a mileage of 15.7 kmpl and has 195 millimeters of ground clearance. &ldquo;The interior of Punto Pure is inspired from its predecessor, Punto Evo which was a big hit in Nepal. The large dimension makes the cabin comfortable for five people,&rdquo; informs the company. The car also has a 280 liters boot offering ample space for weekend getaways.</p>

<p>The Punto Pure&rsquo;s comes with &lsquo;Me&rsquo; headlamps which stay on after the engine is switched off. The hatchback has 14 inch steel wheels and black colored outer rear view mirrors and door handles. The European car is embodied with fire prevention system in which the fuel supply cuts off in case off accident. Life Automobile is offering 3 years warranty and buyback guarantee for the car.</p>

<p>Rajan Gautam, President of Chitwan Chamber of Commerce and Industries, unveiled the Punto Pure amid a ceremony. The ceremony was featured with swimming, live music, DJ and cocktail dinner.</p>

<h2><strong><u>Specifications</u></strong></h2>

<p><strong>Engine Type:</strong> 1.2L FIRE Engine</p>

<p><strong>Displacement:</strong> 1172cc</p>

<p><strong>Fuel Type:</strong> Petrol</p>

<p><strong>Transmission:</strong> 5 speed manual</p>

<p><strong>Dimension: </strong>3987mm x 1687mm x 1495mm</p>

<p><strong>Ground Clearance:</strong> 195mm</p>

<p><strong>Fuel Tank:</strong> 45L</p>

<p><strong>Color: </strong>Exotica Red, Hip Hop Black and White</p>

<p><strong>Price:</strong> Rs. 22, 89,000/-</p>

<p>&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
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			'sortorder' => '4390',
			'image' => '20161004060947_Punto_pure.jpg',
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			'id' => '4559',
			'article_category_id' => '1',
			'title' => 'New Subisu Sales Outlet in Dillibazar',
			'sub_title' => '',
			'summary' => 'October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet ‘Subisu Station’ in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the outlet.',
			'content' => '<p>October 04: Internet, networking and television service provider Subisu Cablenet has opened a new sales outlet &lsquo;Subisu Station&rsquo; in Dillibazar. Surendra Shrestha, Director of Subisu inaugurated the outlet.</p>

<p>&ldquo;Through the Station, Subisu aims to facilitate its customers who live nearby, providing necessary retail based services information, new connections and after sales support in a convenient manner and aims to cater pre- sales and post sales services to its valued customers in a better way through its competent and experience staffs,&rdquo; the company says&nbsp;in a press release.</p>

<p>With the addition of new outlet, the company now has four stations in the Kathmandu valley. Subisu informs that it&nbsp;is planning to open more in the near future.</p>

<p>&nbsp;</p>

<p style="margin-left:31.5pt; text-align:justify">&nbsp;</p>
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			'id' => '4558',
			'article_category_id' => '1',
			'title' => 'LG’s TwinWash in the Market',
			'sub_title' => '',
			'summary' => 'October 5: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.  ',
			'content' => '<p>October 4: Korean consumer electronics brand LG has introduced TwinWash washing machine in the Nepali market. Issuing a press statement, the company informs that the new machine allows users to wash two loads at the same time.&nbsp; &ldquo;With LG&rsquo;s TwinWash, powerful washing is possible in the main washer on top for big loads or heavily stained items,&rdquo; reads the statement. As per the company, delicate items or light soiled clothes can be washed separately in the Mini segment which resides in the machine&rsquo;s bottom. &nbsp;&nbsp;The company says that no additional space is needed for TwinWash Mini since it fits nicely under the main washer.&nbsp; A Front loader on the top and TwinWash Mini on the bottom can be installed in the same spot.</p>

<p>&ldquo;LG TwinWash washing machines offer state-of-the-art features including TurboWash, which saves up to 30 minutes on larger loads without sacrificing on cleaning performance,&rdquo; mentions the statement, adding, &nbsp;&ldquo;LG&rsquo;s front-loading design makes loading and unloading easier, while LG&rsquo;s STEAM technology gently cleans while extending the life of your clothes.&rdquo; &nbsp;The machine comes with an easy to use integrated control panel.&nbsp; The machine has three types of washing motions using the Slim DD motor, suitable for undergarments, delicate items, and functional wear which need separated washing.&nbsp; The company says that the machine&rsquo;s Inverter Direct Drive motor is 40 percent smaller and 6 percent more energy efficient.&nbsp; The machine is equipped with LG&rsquo;s Smart ThinQ technology which allows users to operate the machine remotely and electricity usage can be checked for energy monitoring and washing status.&nbsp;</p>

<p>&ldquo;LG TwinWash machine has been recognized for its stylish design, winning the RedDot Award and the IDEA International Design Excellence awards,&rdquo; informs the company.</p>

<p style="text-align:justify">&nbsp;</p>
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			'title' => 'Fewa Bikas Bank’s New Branch at Talchowk',
			'sub_title' => '',
			'summary' => 'October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the bank.',
			'content' => '<p style="text-align:justify">October 04: Fewa Bikas Bank has opened a new branch in Talchowk, Kaski. The branch was inaugurated by Shiva Raj Shrestha, Deputy Governor of NRB. Speaking in the program, Shrestha said that Fewa Bikas Bank has been successful to achieve the result in its first year of merger. Resham Bahadur Thapa, CEO of the bank informed about the activities and future programs of the bank.</p>

<p style="text-align:justify">The bank&rsquo;s Chairman Bindu Kumar Thapa mentioned that it will provide services in remote areas in upcoming days. He said, &ldquo;The bank has been collecting deposits and giving loans in easy and convenient ways. Along with that, the bank has been providing services such as ABBS, ATM, SMS banking, micro-financing facilities and remit service.&rdquo;</p>

<p style="text-align:justify">&nbsp;</p>
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			'article_category_id' => '1',
			'title' => 'Nepal SBI Bank to Distribute Bonus Shares and Cash Dividend',
			'sub_title' => '',
			'summary' => 'October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23rd AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal year.',
			'content' => '<p style="text-align:justify">October 4: Nepal SBI Bank will distribute 28 percent bonus shares to its shareholders. Similarly, the bank will also distribute 1.53 percent cash dividend for tax purpose out of the net profit earned last year and the profit earned during previous years. A meeting of the board of directors of the bank held on October 3 approved the distributions. The distribution of the bonus shares is subjected to approval from central bank and the upcoming 23<sup>rd</sup> AGM of the bank. Nepal SBI Bank earned net profit of Rs 1.33 billion in the last fiscal year.</p>

<p style="text-align:justify">&nbsp;</p>
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			'description' => '',
			'sortorder' => '4386',
			'image' => '20161004050104_SBI.jpg',
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4555',
			'article_category_id' => '1',
			'title' => 'Get Your Recharged Money Back with this App ',
			'sub_title' => '',
			'summary' => 'October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched ‘Reecharger App’ allows app users to get equal amount of cash back which they used to recharge their mobiles.',
			'content' => '<p style="text-align:justify">October 4: Software company Global Key Technology has unveiled a new mobile app on the occasion of Dashain and Tihar. The newly launched &lsquo;Reecharger App&rsquo; allows app users to get equal amount of cash back which they used to recharge their mobiles.</p>

<p style="text-align:justify">&ldquo;The app users of both the NTC and Ncell will get amount equal to recharge as cash back,&rdquo; informs the company issuing a press statement. According to the company, the collected cash back amount can be use for online shopping, watching movies, paying bills on restaurant, booking a flight including other services provided by the app.</p>

<p style="text-align:justify">Users can download the app free of cost from Google Play Store and Apple App Store.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4385',
			'image' => null,
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4554',
			'article_category_id' => '1',
			'title' => 'Muktinath Bikas Bank Organises Financial Literacy Program',
			'sub_title' => '',
			'summary' => 'October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan ‘Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha’. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk reduction.',
			'content' => '<p style="text-align:justify">October 04: Muktinath Bikas Bank has organized a financial literacy program with the slogan &lsquo;Aaja Ko Awasyakta, Bidhyarthima Bittiya Sachhyartha&rsquo;. The bank which has been including the general public in its operating areas for financial literacy program has also included students from this fiscal year. The bank organised the program in Jana Jyoti Higher Secondary School which was participated by 200 students. The participants were provided awareness on various financial transactions, future planning of students, secured savings, family budget and planning and insurance knowledge for risk reduction.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4384',
			'image' => null,
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4553',
			'article_category_id' => '1',
			'title' => 'Kumari Bank to Acquire four Financial Institution',
			'sub_title' => '',
			'summary' => 'October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank.  The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion.  Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital.  Similarly, the bank will distribute bonus shares to its shareholders from net profit of last and previous FYs.',
			'content' => '<p>October 04: Kumari Bank will acquire four financial institutions to increase its paid-up capital as per directed by Nepal Rastra Bank. Issuing a press statement, the bank said that it has recently signed agreements to acquire Kasthamandap Development Bank, Paschimanchal Finance, Mahakali Bikas Bank and Kankrebihar Bikas Bank.</p>

<p>The bank said that its services including deposit collections, loan extensions, branching of networks will expand after the acquisitions. The bank informed that the number of branches will reach to 74 after the acquisitions. Similarly, deposit of the bank will total Rs 50 billion, whereas investment will amount to Rs 40 billion.</p>

<p>Meanwhile, the bank has planned to issue 50 percent right shares to increase its paid-up capital.&nbsp; Similarly, the bank will distribute bonus shares to its shareholders from net profit of last and previous FYs.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4383',
			'image' => '20161004042434_newbiz.jpg',
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4552',
			'article_category_id' => '1',
			'title' => '9th Anniversary of Country Devt Bank',
			'sub_title' => '',
			'summary' => 'October 4: Country Development Bank has celebrated its 9th anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank’s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution’s corporate social responsibility.',
			'content' => '<p style="text-align:justify">October 4: Country Development Bank has celebrated its 9<sup>th</sup> anniversary by conducting various programmes. On the occasion, the bank distributed food items, clothes and fruits to elderly people residing at Dhyankuti Bihar, Banepa on October 1. Similarly, the bank distributed stationaries and food items to the orphans of Meta Center. The bank&rsquo;s Chairman Indra Narayan Vail said that the programmes were organised as a part of the institution&rsquo;s corporate social responsibility.</p>
',
			'published' => true,
			'created' => '2016-10-04',
			'modified' => '2016-10-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4382',
			'image' => null,
			'article_date' => '2016-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '15'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4551',
			'article_category_id' => '1',
			'title' => 'Private Sector Welcomes Endorsement of Industrial Enterprises Bill',
			'sub_title' => '',
			'summary' => 'October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house’s approval of the Bill.',
			'content' => '<p>October 3: The private sector has welcomed the parliamentary endorsement of the Industrial Enterprises Bill. Stating that the years long endeavor has finally fruited, the private sector representative body Federation of Nepalese Chamber of Commerce (FNCCI) expressed its happiness on the house&rsquo;s approval of the Bill. A meeting of Legislature-Parliament on September 29 approved the Bill. It will be enacted as law after getting stamp from the President.</p>

<p>According to FNCCI, the passed Bill has left no room of conflict with other Acts as the previous Industrial Enterprises Act had faced. &ldquo;The stability of industries after has been assured,&rdquo; mentions Pashupati Murarka, President of FNCCI.</p>

<p>FNCCI notes the Bill&rsquo;s &lsquo;No Work No Pay&rsquo; provision as highly positive. The private sector body believes that the inclusion of the provision will create the environment of &lsquo;More Work More Pay&rsquo;.</p>

<p>The bill also has made strikes punishable offence if such activities create obstacles in the operation of industries. &ldquo;This provision will add more strength to the development of the industrial sector,&rdquo; adds Murarka.</p>

<p>Speaking at the program held on the FNCCI premises, he further said the new Act has determined the important basis for the development and expansion of industries in the country.</p>

<p>Similarly, FNCCI has welcomed the &lsquo;One Window Policy&rsquo; provision of the Bill. FNCCI is also delighted to have provision of full rebate of income tax for five years in hotel infrastructures with investment over Rs 50 million that are constructed outside the metropolitan and sub-metropolitan areas as well as the provision of 50 percent rebate on income tax for three years in the same sector.</p>

<p>The private sector body believes that the enactment of the Bill as law will help for the convenient operation of industries. The ease on Environment Impact Assessment (EIA) and Environment Effect Analysis (EEA) is next important provision that the private sector has been looking for. The Bill has eased the registration process of industries. It has provisioned that EIA and EEA of industries can be done after the establishment, operation and commencement of commercial production of the industries.</p>

<p>FNCCI also welcomes the provisions including mandatory CSR, special management for troubled industries, concessions on industry classification along with establishment of Industry and Investment Promotion Board.</p>

<p style="text-align:justify">Meanwhile, the private sector is demanding the parliament to endorse other major economic impending bills such as Foreign Investment and Technology Transfer Act (FITTA), Accreditation Act, Intellectual Property Act, Quality Standard Act and Electricity Act.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4381',
			'image' => '20161003064219_FNCCI Logo.jpg',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4550',
			'article_category_id' => '1',
			'title' => 'Gionee S6 Pro and P7 Max in the Market',
			'sub_title' => '',
			'summary' => 'October 3: Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago. ',
			'content' => '<p style="text-align: justify;">October 3:&nbsp;Gionee has launched S6 Pro and P7 Max in the market. The Chinese smartphone maker introduced the phones on the occasion of the Dashain festival. The company had launched its flagship S6s just few weeks ago.&nbsp;</p>

<p style="text-align: justify;"><br />
Powered by 64-bit 1.8 GHz Helio P10 processor, S6 Pro comes with 4 GB RAM and 32 GB internal storage. The handset sports 5.5 inch 2.5D Water Drop FHD display having 401 ppi pixel density. The company says that, the combination of top tier processor, higher RAM capacity and high-end display makes S6 Pro an ideal device for gaming and video viewing. The phone has a 13MP phase detection autofocus rear camera and an 8MP front camera with screen flash. The handset is equipped with front fingerprint scanner which can also be used to take photos. The dual-SIM phone houses a 3,130 mAh battery and has USB Type C charging facility. It runs on Gionee&rsquo;s proprietary Amigo 3.2 UI which is based on Android 6.0.1. Available in various colours, S6 Pro is priced at Rs 34,999.&nbsp;</p>

<p style="text-align: justify;"><br />
Meanwhile, P7 Max is powered by a MT6595 octa-core 2.2 GHz processor, 3,100 mAH battery, 3GB RAM and has 5.5-inch HD screen, 13 MP rear camera, 5 MP front camera and 32GB internal storage. The phone runs on Android 6.0 based Amigo 3.2 UI. The latest Gionee handset carries a price tag of Rs 21,999.&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4380',
			'image' => '20161003042054_gionee.jpg',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4548',
			'article_category_id' => '1',
			'title' => 'HTC Forays in Nepal with 5 Desire Phones',
			'sub_title' => '',
			'summary' => 'October 3: Taiwanese handset maker HTC has officially entered in Nepal.  The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from R',
			'content' => '<p style="text-align:justify">October 3:&nbsp;Taiwanese handset maker HTC has officially entered in Nepal. &nbsp;The company on October 2 unveiled five mid-range smartphones under its Desire series amid a function held at the capital. Partnering with Genxt, HTC introduced Desire 630, Desire 628, Desire 626 LTE, Desire 728 and Desire 830 ranging from Rs 22,935 to Rs 34,045. The handsets were jointly unveiled by MP and former education minister Chitralekha Yadav, her husband Krishna Yadav, Genxt Managing Director Pawan Bhimsaria, Director Nikeeta Bhimsaria and officials from HTC.&nbsp;</p>

<p style="text-align:justify"><br />
Among the handsets, 630, 628 and 626 LTE are 5 inch devices whereas, the latter two are 5.5 inch smartphones. &nbsp;Priced at Rs 24,519, the 140 grams Desire 630 comes with a Super LCD HD display with 229 ppi pixel density. The dual-SIM phone which runs on Android 6.0 (Marshmallow) is powered by Qualcomm Snapdragon 400 1.6 GHz quad-core processor, Adreno 305 GPU and 2 GB RAM. It has 16 GB internal memory and houses a microSD slot that can be used to expand the handset&rsquo;s storage up to 256 GB. The phone is equipped with a 13MP rear camera and a 5MP front snapper. It sports a 2,200 mAh removable Li-Ion battery.&nbsp;</p>

<p style="text-align:justify"><br />
Meanwhile, Desire 628 also comes with a HD IPS LCD display and is equipped with 1.3 GHZ octa-core processor, 3 GB RAM, 13MP back camera and 5MP front camera. It runs on Android 5.1 (Lollipop) and comes with 32 GB storage which is expandable up to 256 GB. &nbsp;Carrying a price tag of Rs 25,568, the dual-SIM handset has 2,200 mAh battery. Similarly, the 626 LTE model is also a HD display handset that comes with Qualcomm Snapdragon 410 and Mediatek MT6752 processor variants. It has a 13MP OIS primary camera with features including 1.12 &micro;m pixels, HDR and touch focus and a 4MP secondary snapper. It comes with 3 GB RAM and has 32 GB ROM which is expandable up to 256 GB via a dedicated slot. &nbsp;It houses Mali-T760MP2 GPU, a 2,800 mAh battery and runs on Android 4.4 (KitKat).&nbsp;</p>

<p style="text-align:justify"><br />
The Desire 728 is powered by a 1.3 GHz Cortex A-53 octa-core processor and has 2 GB RAM and 16 GB on-board memory which is expandable up to 256 GB. It comes with 13MP primary camera and 5MP secondary snapper. A 2,800 non-removable Li-Po battery provides power backup to the device. It is priced at Rs 23,815. Likewise, the Desire 830 is the upper mid-end HTC smartphone that comes with a full-HD display (401 ppi pixel density) and is powered by a 1.5 GHz octa-core processor and 3 GB RAM. It has 13MP OIS rear and 4MP front facing cameras. The dual-SIM phone has a 2,800 non-removable mAh battery and has 32 GB internal storage which can be expanded up to 256 GB via a microSD card slot. The handset is available at Rs 34,045 in the market.&nbsp;</p>

<p style="text-align:justify"><br />
In the launch event, the company also informed that it will also introduce entry-level and high-end models in Nepal next month. The company is offering free Genxt powerbank on the purchase of every smartphone as Dashain Offer. &nbsp;</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4379',
			'image' => '20161003040814_htc.jpg',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '4547',
			'article_category_id' => '1',
			'title' => 'Global IME Refunds through NCHL-IPS',
			'sub_title' => '',
			'summary' => 'October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International’s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)’s IPO Refund Product (IPOR) on Friday, September 30.',
			'content' => '<p style="text-align:justify">October 3: Global IME Capital has refunded the unsubscribed money of Citizens Bank International&rsquo;s right share auction bidding issue directly to the respective bank accounts of the investors. The money has been refunded through interbank electronic payment system (NCHL-IPS)&rsquo;s IPO Refund Product (IPOR) on Friday, September 30.</p>

<p style="text-align:justify">However, The Capital has made payments with cheques to those investors, who have accounts with NCHL-IPS non-member bank&nbsp;and financial institutions (BFIs). Meanwhile, Nepal Clearing House said that the direct payment to investors&rsquo; bank account will reduce the hardship of investors of getting the cheque and deposit to their bank accounts. Along with it, it also said that the mechanism has helped to save time of the investors.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-10-03',
			'modified' => '2016-10-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '4378',
			'image' => '20161003042517_global ime capital.JPG',
			'article_date' => '2016-10-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4546',
			'article_category_id' => '1',
			'title' => 'Xiaomi Launches Redmi Note 4 ',
			'sub_title' => '',
			'summary' => 'October 3:   Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the Nepali market on the occasion of Dashain and Tihar.',
			'content' => '<p>October 3: &nbsp; Vatsal Impex, the authorised distributor of Xiaomi phones in Nepal, has launched Xiaomi Redmi Note 4 in the market on the occasion of Dashain and Tihar.</p>

<p>The new Xiaomi handset comes with a 5.5-inch screen and features Heliox20 Deca-Core 2.1 GHz processor, 3GB RAM and 64GB ROM. It has a 13 MP rear camera and a 5 MP front camera. The Redmi Note 4 is equipped with a 4,100 mAh battery and a finger print sensor. It has been priced at Rs 32,999.</p>

<p>Vatsal Impex also opened its authorised showroom at Labim Mall in Pulchowk. According to the company, the showroom will showcase Mi TVs, earphones, speakers, water purifiers, selfie sticks, tablets along with Mi phones.</p>

<p>&nbsp;</p>
',
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			'created' => '2016-10-03',
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			'keywords' => '',
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			'image' => '20161003123146_xiomee.jpg',
			'article_date' => '2016-10-03 00:00:00',
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			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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)
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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file not found!

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Price of Gold Reaches All-Time High in Nepal

FOREX

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)

Bullion

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

Petroleum

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

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