
September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive…
September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive…
September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to…
September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTechat Bhrikutimandap from Sept 8th to 11th 2016. Issuing a press statement, the company informed of providing free installation for new…
September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in…
September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms.…
September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public…
September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be…
September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand.…
September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber…
September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market.…
September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad…
September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United…
September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be…
September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers.…
September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and…
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4376', 'article_category_id' => '1', 'title' => 'Siddhartha Bank launches Two New Fixed Deposit Accounts', 'sub_title' => '', 'summary' => 'September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.', 'content' => '<p style="text-align: justify;">September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.</p> <p style="text-align: justify;">Issuing a press statement, the bank informed that Siddhartha Awakash Muddati Khata is one year fixed deposit account targeting the Nepalese citizens who have retired from their working life and want to invest their savings for attractive return. The bank will provide six percent interest per annum with monthly interest payment frequency.</p> <p style="text-align: justify;">Similarly, Siddhartha Premium Muddati Khata is a two years fixed deposit account offering an interest rate of 6.5 % per annum providing the customers comparatively higher returns on their deposits.</p> <p style="text-align: justify;">“The bank believes that it shall be able to serve more customers through these two new deposit accounts that are bundled with monthly interest payment, comparatively higher interest rate and several other attractive features,” reads the statement.</p> <p style="text-align: justify;">Currently, Siddhartha Bank has been providing banking services through its 64 branches, 81 ATMs and 66 branchless banking locations spread all across the country. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4209', 'image' => '20160909114855_sbl final.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4375', 'article_category_id' => '1', 'title' => 'Yamaha Announces First Winner of ‘Techno Trip to Tokyo’ Scheme', 'sub_title' => '', 'summary' => 'September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to Ja', 'content' => '<p style="text-align: justify;">September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to Japan.</p> <p style="text-align: justify;">Yamaha has initiated the festive offer last week in which every customer buying Yamaha motorcycles or scooters will get eight thousand rupees cash discount. Moreover, a lucky winner in each week will get exciting chance to make trip to Japan.</p> <p style="text-align: justify;">Winner of this week, Pukar Sharma will be visiting Yamaha's Communication Plaza, plants and other tourist destinations. He purchased an FZ-S FI from Risik Automobiles, Kumaripati, Lalitpur.</p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4208', 'image' => '20160909113550_tttt.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4374', 'article_category_id' => '1', 'title' => 'Vianet’s New Campaign in CAN Commtech ', 'sub_title' => '', 'summary' => 'September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTechat Bhrikutimandap from Sept 8th to 11th 2016. Issuing a press statement, the company informed of providing free installation for new s', 'content' => '<p>September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTech at Bhrikutimandap from Sept 8-11. Issuing a press statement, the company informed of providing free installation for new subscription and one-month free Internet service during the period.</p> <p>“To further enhance its customer experience and value addition, Vianet is also planning to launch Vianet “NETTV” soon. Vianet “NETTV”booking will be open from 8th September 2016. Vianet is offering 3 months' FREE subscription onVianet “NETTV” to subscribers during their offer period. Vianet “NETTV” will have a total of 34 HD channels and 82 SD Channels,” reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4207', 'image' => '20160909111230_vianet.JPG', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4373', 'article_category_id' => '1', 'title' => 'HBL Received TFP Award 2016 ', 'sub_title' => '', 'summary' => 'September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in Singapo', 'content' => '<p>September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in Singapore on September 7, 2016. </p> <p><br /> “ADB has awarded the TFP award to the bank for the recognition of its role in promoting trade finance in Asia and the Pacific,” reads the statement.</p> <p> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4206', 'image' => '20160909105915_hbl.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4372', 'article_category_id' => '1', 'title' => 'Summit Hotel to Receive Rs 1.8 Billion Further Investment ', 'sub_title' => '', 'summary' => 'September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms. ', 'content' => '<p>September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms.</p> <p><br /> “ Rs 1.80 billion will be invested for the restructuring of the hotel,” informed Ravi Bhakta Shrestha, Managing Director of NE Group. The investment on the hotel has been increased with the increasing number of tourists arriving in the country, he added. NE Group owns 50 percent stake in the hotel. The hotel which is spread across 16 ropanis of land is managed by a team of NE Group Managing Director Shrestha and Rahul Chaudhary who represents Chaudhary Group.</p> <p><br /> Shrestha opined that the struggle faced by the Nepali tourism sector after the last year's devastating earthquake was temporary. "Nepali tourism industry will soon flourish," he said. </p> <p><br /> As per the group, while most five star hotels were reeling under the effect of last year's events, Summit hotel, in the mean time, earned good revenue. During the time, the hotel raised its tariff rate though there was negligible decline in the occupancy of the hotel. According to Shrestha, technicians and a project team from Mumbai is working for restructuring of the hotel. Currently, the interior designing of the hotel with Nepali sytle is being carried out. </p> <p><br /> The hotel has various facilities including bar, restaurant, business centre, outdoor pool, business saloon, conference hall and a assembly hall. The hotel is expected to generate more than 200 employments after the completition of the restructuring process.</p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4205', 'image' => '20160908050934_summit hotel.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4371', 'article_category_id' => '1', 'title' => 'Demand of Nepali Cement Rises in Dodhara-Chandani', 'sub_title' => '', 'summary' => 'September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public hous', 'content' => '<p>September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public houses and physical infrastructures. Due to the sharply increased reach of Nepali cement in those villages, Indian cement brands have not been used since the last three years. </p> <p>According to the contractors engaged in construction works, the demand in the aforementioned VDCs has risen due to the quality of Nepali cement. According to contractor Puskar Madai, the high demand of Nepali cement has led to a slump in the import of Indian cement. </p> <p><br /> Cement traders say that the consumers can choose a variety of Nepal produced cement as per their preferences as almost all Nepali cement brands are available in the local market. Another contractor, Kashi Ram Joshi said, “The reach of cement produced by the companies of Mid-western region has eased the difficulties faced by consumers for construction works. Consumers who previously were relying on Indian cement have now started to use Nepali cement brands due to the increasing quality.”</p> <p><br /> Though there are no cement industries in the Far-western region, consumers of that area are using cement produced in mid-west. Dambar Datta Bhatta, a cement trader of Mahendranagar said, “Despite the good quality of Nepali cement, the import of Indian products has not been discouraged to its fullest. The increasing construction of modern houses and other structures is driving the sales of cement in the region.” </p> <p>Suresh Rawal, President of Kanchanpur Chamber of Commerce and Industry said, “There is a huge potential to build two cement industries in this region. But the place is not being able to attract the investors.” As per the traders, cement produced by Nepali companies worth Rs 1 billion is being traded in the area. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4204', 'image' => '20160908045428_cement final.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4370', 'article_category_id' => '1', 'title' => 'The Amazing Motor Rally 2016', 'sub_title' => '', 'summary' => 'September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be o', 'content' => '<p style="text-align: justify;">September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be organising ‘The Amazing Motor Rally 2016’ aiming to promote and develop internal tourism of the country. The organiser will be also promoting ‘Ghumfir Barsa 2073’ through the rally. </p> <p style="text-align: justify;"><br /> The event, scheduled to be organized on September 10 will cover the distance of 220 kilometers from Kathmandu to Pokhara. According to the organiser, the event will start from Park Village Resort of Kathmandu and concludes at Waterfront Resort in Lakeside, Pokhara. There will be eight check posts in between the 200kms rally. Winners will be announced on the basis of time and speed. As per organizer, the winners will be declared on the basis of number of likes on Facebook posts and decoration of vehicles as well. </p> <p style="text-align: justify;">The first winner of the event will be provided two-way ticket from Qatar Airways for round trip from Kathmandu to any destination of the world. Similarly, Thai Airways will provide two-way ticket from Kathmandu toBangkok for runner up where as Nepal Airlines will provide two-way ticket to third placed winner from Kathmandu to any location of India. Likewise, the participants will get around 15 prize packages such as paragliding, ultra-light, zip landing, bungee jumping through lucky-draw. </p> <p style="text-align: justify;"><br /> The interested participants need to submit Rs 12,000 for registration including both rider and navigator. They must submit the registration form in Rotary District Secretariat at Thapathali till 12 pm on September 8. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4203', 'image' => '20160908031436_tar.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4369', 'article_category_id' => '1', 'title' => 'Run Shoes’ Runpati Offer', 'sub_title' => '', 'summary' => 'September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand. ', 'content' => '<p style="text-align: justify;">September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand. </p> <p style="text-align: justify;">Under the scheme, the buyers will get a scratch coupon for buying a pair of Run Shoes in which they will get cash prizes from Rs 100 to Rs 200,000 or 5-100 percent discount offer. Similarly, by scratching another side of scratch coupon, the winner will win money that he/she can carry. The company informs that every buyer of Run shoes will get sure shot prizes under the scheme. </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4202', 'image' => '20160908012758_run.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4368', 'article_category_id' => '1', 'title' => 'Viber Offer Free Out Calls to 52 Countries', 'sub_title' => '', 'summary' => 'September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber users.', 'content' => '<p style="text-align: justify;">September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber users.</p> <p style="text-align: justify;">Issuing a press statement the company informed that the Viber users with a registered Nepalese phone number can make a national or international call to any landline or non-Viber mobile completely free using Viber Out.</p> <p style="text-align: justify;">“Started from September 6, the offer is available everyday between 8pm to 10pm till September 19th, 2016 for calls to 52countries,” states the press release. Nepalis users can use free Viber Out feature which is designed to call mobile and landline numbers around the world from any iOS, Android and Windows smartphone or Windows PC or Mac. Mobile data or Wi-Fi connection is necessary to enjoy the offer.</p> <p style="text-align: justify;">“Viber has a very strong presence in Nepal. Since a large part of Nepal’s population stay outside for work or education, the Free Viber Out offer will give people an opportunity to connect freely without worrying about call charges ” said Anubhav Nayyar , Regional Head , South Asia for Viber.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4201', 'image' => '20160908011809_viber.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4367', 'article_category_id' => '1', 'title' => 'Colors Introduces P20', 'sub_title' => '', 'summary' => 'September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market. ', 'content' => '<p style="text-align:justify">September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market. </p> <p style="text-align:justify">Pride P-20 comes with slim design that gives the handset an outstandinglook. The company informs that the new product having latest operating system Marshmallow is available at the reasonable price in the market. The smartphone having 3.2 megapixels camera is priced at Rs 4,695. According to the company, the battery usage of new smartphone is 400 hours given that the battery is fully charged. With the battery standby upto 400 hours with 1400mAh battery and 1.3 GHz quad-core processor addressing the need of modern day user’s requirement to multi-task throughout the day supports upto 32 GB internal memory</p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4200', 'image' => '20160908010457_colors.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4366', 'article_category_id' => '1', 'title' => 'NMB Bank becomes Lead Financer of Kalanga Hydro ', 'sub_title' => '', 'summary' => 'September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad Hydroel', 'content' => '<p style="text-align: justify;">September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad Hydroelectric Project places NMB Bank as a fore runner in financing the hydro power project, said the press statement issued by the bank.</p> <p style="text-align: justify;"><br /> The project being developed by Kalanga Hydro is located in Sukunda, Bajh and Khairatadi VDCs of Bajhang District, Seti Zone of Far Western Region of Nepal. “The project under the lead of NMB Bank includes NIC Asia Bank, Civil Bank, Janata Bank Nepal, Deva Bikas Bank and Jyoti Bikas Bank as consortium member banks. The total project cost stands at Rs 2.80 billion out of which Rs 2.10 billion has been managed by the consortium debt,” reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4199', 'image' => '20160908114347_nmb.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4365', 'article_category_id' => '1', 'title' => 'Qatar Airways Once Again Receives ‘Best For Business’ Award', 'sub_title' => '', 'summary' => 'September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United Kingdom.', 'content' => '<p style="text-align:justify">September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United Kingdom.</p> <p style="text-align:justify">The airline was awarded the coveted ‘Best for Business’ accolade with readers highlighting Qatar Airways’ industry leading on-board experience and premium lounges, informed the press statement issued by the company.</p> <p style="text-align:justify"> “We are honoured to be recognised as the ‘Best for Business’ by the readers of Condé Nast Traveller. Such an accolade is a direct reflection of our passengers’ satisfaction in the service we provide and we remain committed to providing the very best experience to our guests throughout their journey,” said Akbar Al Baker, Chief Executive of Qatar Airways Group.</p> <p style="text-align:justify">“Through its network of more than 150 destinations around the globe, Qatar Airways is able to seamlessly connect leisure and business passengers with minimal transfer times in the Middle East, while providing an on-board level of comfort for which it is renowned the world over, inclusive of on-board Wi-Fi, a flexible dine-on-demand service in Business Class and the travel advantages bestowed upon it as part of the world’s largest global airline alliance, <strong>one</strong>world,” reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4198', 'image' => '20160908113511_qatar.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4364', 'article_category_id' => '1', 'title' => 'NBI to Host APABI Conference for the 1st time in Nepal', 'sub_title' => '', 'summary' => 'September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be hos', 'content' => '<p style="text-align:justify">September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be hosting APABI conference on September 22 and 23 in the capital. </p> <p style="text-align:justify">Chiranjibi Nepal, Governor of Nepal Rastra Bank, is scheduled to inaugurate the conference. The theme of this year’s conference is ‘Best Practices in Banking and Financial Industry’s Talent Development in Asia-Pacific.’</p> <p style="text-align:justify">The conference is expected to be participated by Chairmen and CEOs of banking academia of member countries and foreign experts from the banking industries. Apart from this, high level officials from domestic banks and financial institutions are also expected in the conference. </p> <p style="text-align:justify">APABI which is chaired by NBI for two years is an international conglomeration of banking academia of over 30 countries of Asia and Pacific region.</p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4197', 'image' => '20160908111807_apabi.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4363', 'article_category_id' => '1', 'title' => 'Apollo Tyre Holds Interaction Program', 'sub_title' => '', 'summary' => 'September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers. ', 'content' => '<p>September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers. </p> <p>“The interaction program was organised in a bid to promote the Apollo Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers. A total of 155 participants took part in the interaction program including customers, and industrialists and traders. </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4196', 'image' => '20160908105408_apollo.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4362', 'article_category_id' => '1', 'title' => 'Govt to Conclude PDA of Upper Trishuli-1 Soon', 'sub_title' => '', 'summary' => 'September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and E', 'content' => '<p style="text-align: justify;">September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and Energy Development Company (NWEDC), the developer of the project. Minister Sharma such remarks at a forum on "Foreign Direct Investment in Hydropower” jointly organized by International Finance Corporation (IFC), Independent Power Producers’ Association of Nepal (IPPAN) and NWEDC. </p> <p style="text-align: justify;">Speaking at the forum, Sharma said that its high time for Nepal to attract FDI to exploit its rich water resources. “We have both natural and human resources. What we do not have is enough investment. Therefore, the importance for FDI is very high for Nepal,” he mentioned. Stating that Nepal has already signed a Power Trade Agreement (PTA) with India, a huge market for Nepal’s hydroelectricity, Minister Sharma said this agreement is going to encourage FDI in Nepal’s hydropower sector. He further said that it takes years for hydropower promoters to get license and sign Power Purchase Agreement (PPA) and Power Development Agreement (PDA) which is discouraging to the foreign investors.</p> <p style="text-align: justify;">In the program, hydropower experts have stressed on the need for Nepal to attract foreign direct investment (FDI) for the development of its hydropower sector. They highlighted that Nepal was already late in terms of attracting FDI. Maheshwor Neupane, Director General of the Department of Industry, said the government has a policy of prioritizing the hydro sector for FDI. He also said that FDI in hydropower sector has been increasing, though slowly. </p> <p style="text-align: justify;">Stating that the Korean government has built fundamental industries and developed Korea’s economy through foreign loans and foreign direct investment, Choe Yong Jin, Korean Ambassador to Nepal said, “Nepal has one of the largest potentials in generating hydropower. But such great potential can only be materialized into reality through investment. And this investment will be made possible through discussions involving all the stakeholders and decisiveness and strong will of the leaders.”</p> <p style="text-align: justify;">Envoy Jin expressed hope that the Upper Trishuli One Project, which is being developed by the international consortium NWEDC composed of Korea South-East Power (KOSEP) and IFC, will make significant contribution to increasing total hydropower generation of Nepal. </p> <p style="text-align: justify;">Heo Yup, CEO of KOSEP, shared Korea’s FDI-funded development story. “Realizing that borrowing foreign funds and inviting FDI were essential for infrastructure development, Korean government took various measures to protect foreign capital and as a result, it attracted large amounts of foreign capital.” As a result, Yup said, Korea was able to build a base for a sharp economic growth that surprised the whole world. “At last, after 30 years of receiving FDI, Korea became one of the top 10 exporting countries in the world, with its export volume of USD 2,000 billion. Now, it is Korean who makes FDI in other countries”, he further explained. <br /> Comparing Nepal and Korea, he said both the countries have similar geography, and that Nepal can learn from Korea’s experience. </p> <p style="text-align: justify;">Similarly, Khadga Bahadur Bisht, President of Independent Power Producers’ Association Nepal (IPPAN), urged policy makers to put their serious efforts in order to attract FDI in the hydropower development. “We have been seeking FDI since 1981. But there have been only a few hydro projects funded through FDI. Nepal hasn’t done well in terms of attracting FDI”, said Bisht. </p> <p style="text-align: justify;">A panel discussion led by Dr Swarnim Wagle, former Member of National Planning Commission was held in the second session of the program where panelists Energy Seceretary Suman Prasad Sharma, IPPAN President Bisht, Iqbal Munawar, Project Manager PPIB, Pakistan, Kamal Dorabawila, Principal Investment Officer of IFC, Michael Boyd, USAID, Energy Policy & Strategy Advisor discussed about various aspects of enegry sector development. </p> ', 'published' => true, 'created' => '2016-09-07', 'modified' => '2016-09-07', 'keywords' => '', 'description' => '', 'sortorder' => '4195', 'image' => '20160907040735_hydor.jpg', 'article_date' => '2016-09-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4376', 'article_category_id' => '1', 'title' => 'Siddhartha Bank launches Two New Fixed Deposit Accounts', 'sub_title' => '', 'summary' => 'September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.', 'content' => '<p style="text-align: justify;">September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.</p> <p style="text-align: justify;">Issuing a press statement, the bank informed that Siddhartha Awakash Muddati Khata is one year fixed deposit account targeting the Nepalese citizens who have retired from their working life and want to invest their savings for attractive return. The bank will provide six percent interest per annum with monthly interest payment frequency.</p> <p style="text-align: justify;">Similarly, Siddhartha Premium Muddati Khata is a two years fixed deposit account offering an interest rate of 6.5 % per annum providing the customers comparatively higher returns on their deposits.</p> <p style="text-align: justify;">“The bank believes that it shall be able to serve more customers through these two new deposit accounts that are bundled with monthly interest payment, comparatively higher interest rate and several other attractive features,” reads the statement.</p> <p style="text-align: justify;">Currently, Siddhartha Bank has been providing banking services through its 64 branches, 81 ATMs and 66 branchless banking locations spread all across the country. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4209', 'image' => '20160909114855_sbl final.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4375', 'article_category_id' => '1', 'title' => 'Yamaha Announces First Winner of ‘Techno Trip to Tokyo’ Scheme', 'sub_title' => '', 'summary' => 'September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to Ja', 'content' => '<p style="text-align: justify;">September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to Japan.</p> <p style="text-align: justify;">Yamaha has initiated the festive offer last week in which every customer buying Yamaha motorcycles or scooters will get eight thousand rupees cash discount. Moreover, a lucky winner in each week will get exciting chance to make trip to Japan.</p> <p style="text-align: justify;">Winner of this week, Pukar Sharma will be visiting Yamaha's Communication Plaza, plants and other tourist destinations. He purchased an FZ-S FI from Risik Automobiles, Kumaripati, Lalitpur.</p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4208', 'image' => '20160909113550_tttt.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4374', 'article_category_id' => '1', 'title' => 'Vianet’s New Campaign in CAN Commtech ', 'sub_title' => '', 'summary' => 'September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTechat Bhrikutimandap from Sept 8th to 11th 2016. Issuing a press statement, the company informed of providing free installation for new s', 'content' => '<p>September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTech at Bhrikutimandap from Sept 8-11. Issuing a press statement, the company informed of providing free installation for new subscription and one-month free Internet service during the period.</p> <p>“To further enhance its customer experience and value addition, Vianet is also planning to launch Vianet “NETTV” soon. Vianet “NETTV”booking will be open from 8th September 2016. Vianet is offering 3 months' FREE subscription onVianet “NETTV” to subscribers during their offer period. Vianet “NETTV” will have a total of 34 HD channels and 82 SD Channels,” reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4207', 'image' => '20160909111230_vianet.JPG', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4373', 'article_category_id' => '1', 'title' => 'HBL Received TFP Award 2016 ', 'sub_title' => '', 'summary' => 'September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in Singapo', 'content' => '<p>September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in Singapore on September 7, 2016. </p> <p><br /> “ADB has awarded the TFP award to the bank for the recognition of its role in promoting trade finance in Asia and the Pacific,” reads the statement.</p> <p> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4206', 'image' => '20160909105915_hbl.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4372', 'article_category_id' => '1', 'title' => 'Summit Hotel to Receive Rs 1.8 Billion Further Investment ', 'sub_title' => '', 'summary' => 'September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms. ', 'content' => '<p>September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms.</p> <p><br /> “ Rs 1.80 billion will be invested for the restructuring of the hotel,” informed Ravi Bhakta Shrestha, Managing Director of NE Group. The investment on the hotel has been increased with the increasing number of tourists arriving in the country, he added. NE Group owns 50 percent stake in the hotel. The hotel which is spread across 16 ropanis of land is managed by a team of NE Group Managing Director Shrestha and Rahul Chaudhary who represents Chaudhary Group.</p> <p><br /> Shrestha opined that the struggle faced by the Nepali tourism sector after the last year's devastating earthquake was temporary. "Nepali tourism industry will soon flourish," he said. </p> <p><br /> As per the group, while most five star hotels were reeling under the effect of last year's events, Summit hotel, in the mean time, earned good revenue. During the time, the hotel raised its tariff rate though there was negligible decline in the occupancy of the hotel. According to Shrestha, technicians and a project team from Mumbai is working for restructuring of the hotel. Currently, the interior designing of the hotel with Nepali sytle is being carried out. </p> <p><br /> The hotel has various facilities including bar, restaurant, business centre, outdoor pool, business saloon, conference hall and a assembly hall. The hotel is expected to generate more than 200 employments after the completition of the restructuring process.</p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4205', 'image' => '20160908050934_summit hotel.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4371', 'article_category_id' => '1', 'title' => 'Demand of Nepali Cement Rises in Dodhara-Chandani', 'sub_title' => '', 'summary' => 'September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public hous', 'content' => '<p>September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public houses and physical infrastructures. Due to the sharply increased reach of Nepali cement in those villages, Indian cement brands have not been used since the last three years. </p> <p>According to the contractors engaged in construction works, the demand in the aforementioned VDCs has risen due to the quality of Nepali cement. According to contractor Puskar Madai, the high demand of Nepali cement has led to a slump in the import of Indian cement. </p> <p><br /> Cement traders say that the consumers can choose a variety of Nepal produced cement as per their preferences as almost all Nepali cement brands are available in the local market. Another contractor, Kashi Ram Joshi said, “The reach of cement produced by the companies of Mid-western region has eased the difficulties faced by consumers for construction works. Consumers who previously were relying on Indian cement have now started to use Nepali cement brands due to the increasing quality.”</p> <p><br /> Though there are no cement industries in the Far-western region, consumers of that area are using cement produced in mid-west. Dambar Datta Bhatta, a cement trader of Mahendranagar said, “Despite the good quality of Nepali cement, the import of Indian products has not been discouraged to its fullest. The increasing construction of modern houses and other structures is driving the sales of cement in the region.” </p> <p>Suresh Rawal, President of Kanchanpur Chamber of Commerce and Industry said, “There is a huge potential to build two cement industries in this region. But the place is not being able to attract the investors.” As per the traders, cement produced by Nepali companies worth Rs 1 billion is being traded in the area. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4204', 'image' => '20160908045428_cement final.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4370', 'article_category_id' => '1', 'title' => 'The Amazing Motor Rally 2016', 'sub_title' => '', 'summary' => 'September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be o', 'content' => '<p style="text-align: justify;">September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be organising ‘The Amazing Motor Rally 2016’ aiming to promote and develop internal tourism of the country. The organiser will be also promoting ‘Ghumfir Barsa 2073’ through the rally. </p> <p style="text-align: justify;"><br /> The event, scheduled to be organized on September 10 will cover the distance of 220 kilometers from Kathmandu to Pokhara. According to the organiser, the event will start from Park Village Resort of Kathmandu and concludes at Waterfront Resort in Lakeside, Pokhara. There will be eight check posts in between the 200kms rally. Winners will be announced on the basis of time and speed. As per organizer, the winners will be declared on the basis of number of likes on Facebook posts and decoration of vehicles as well. </p> <p style="text-align: justify;">The first winner of the event will be provided two-way ticket from Qatar Airways for round trip from Kathmandu to any destination of the world. Similarly, Thai Airways will provide two-way ticket from Kathmandu toBangkok for runner up where as Nepal Airlines will provide two-way ticket to third placed winner from Kathmandu to any location of India. Likewise, the participants will get around 15 prize packages such as paragliding, ultra-light, zip landing, bungee jumping through lucky-draw. </p> <p style="text-align: justify;"><br /> The interested participants need to submit Rs 12,000 for registration including both rider and navigator. They must submit the registration form in Rotary District Secretariat at Thapathali till 12 pm on September 8. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4203', 'image' => '20160908031436_tar.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4369', 'article_category_id' => '1', 'title' => 'Run Shoes’ Runpati Offer', 'sub_title' => '', 'summary' => 'September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand. ', 'content' => '<p style="text-align: justify;">September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand. </p> <p style="text-align: justify;">Under the scheme, the buyers will get a scratch coupon for buying a pair of Run Shoes in which they will get cash prizes from Rs 100 to Rs 200,000 or 5-100 percent discount offer. Similarly, by scratching another side of scratch coupon, the winner will win money that he/she can carry. The company informs that every buyer of Run shoes will get sure shot prizes under the scheme. </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4202', 'image' => '20160908012758_run.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4368', 'article_category_id' => '1', 'title' => 'Viber Offer Free Out Calls to 52 Countries', 'sub_title' => '', 'summary' => 'September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber users.', 'content' => '<p style="text-align: justify;">September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber users.</p> <p style="text-align: justify;">Issuing a press statement the company informed that the Viber users with a registered Nepalese phone number can make a national or international call to any landline or non-Viber mobile completely free using Viber Out.</p> <p style="text-align: justify;">“Started from September 6, the offer is available everyday between 8pm to 10pm till September 19th, 2016 for calls to 52countries,” states the press release. Nepalis users can use free Viber Out feature which is designed to call mobile and landline numbers around the world from any iOS, Android and Windows smartphone or Windows PC or Mac. Mobile data or Wi-Fi connection is necessary to enjoy the offer.</p> <p style="text-align: justify;">“Viber has a very strong presence in Nepal. Since a large part of Nepal’s population stay outside for work or education, the Free Viber Out offer will give people an opportunity to connect freely without worrying about call charges ” said Anubhav Nayyar , Regional Head , South Asia for Viber.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4201', 'image' => '20160908011809_viber.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4367', 'article_category_id' => '1', 'title' => 'Colors Introduces P20', 'sub_title' => '', 'summary' => 'September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market. ', 'content' => '<p style="text-align:justify">September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market. </p> <p style="text-align:justify">Pride P-20 comes with slim design that gives the handset an outstandinglook. The company informs that the new product having latest operating system Marshmallow is available at the reasonable price in the market. The smartphone having 3.2 megapixels camera is priced at Rs 4,695. According to the company, the battery usage of new smartphone is 400 hours given that the battery is fully charged. With the battery standby upto 400 hours with 1400mAh battery and 1.3 GHz quad-core processor addressing the need of modern day user’s requirement to multi-task throughout the day supports upto 32 GB internal memory</p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4200', 'image' => '20160908010457_colors.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4366', 'article_category_id' => '1', 'title' => 'NMB Bank becomes Lead Financer of Kalanga Hydro ', 'sub_title' => '', 'summary' => 'September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad Hydroel', 'content' => '<p style="text-align: justify;">September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad Hydroelectric Project places NMB Bank as a fore runner in financing the hydro power project, said the press statement issued by the bank.</p> <p style="text-align: justify;"><br /> The project being developed by Kalanga Hydro is located in Sukunda, Bajh and Khairatadi VDCs of Bajhang District, Seti Zone of Far Western Region of Nepal. “The project under the lead of NMB Bank includes NIC Asia Bank, Civil Bank, Janata Bank Nepal, Deva Bikas Bank and Jyoti Bikas Bank as consortium member banks. The total project cost stands at Rs 2.80 billion out of which Rs 2.10 billion has been managed by the consortium debt,” reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4199', 'image' => '20160908114347_nmb.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4365', 'article_category_id' => '1', 'title' => 'Qatar Airways Once Again Receives ‘Best For Business’ Award', 'sub_title' => '', 'summary' => 'September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United Kingdom.', 'content' => '<p style="text-align:justify">September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United Kingdom.</p> <p style="text-align:justify">The airline was awarded the coveted ‘Best for Business’ accolade with readers highlighting Qatar Airways’ industry leading on-board experience and premium lounges, informed the press statement issued by the company.</p> <p style="text-align:justify"> “We are honoured to be recognised as the ‘Best for Business’ by the readers of Condé Nast Traveller. Such an accolade is a direct reflection of our passengers’ satisfaction in the service we provide and we remain committed to providing the very best experience to our guests throughout their journey,” said Akbar Al Baker, Chief Executive of Qatar Airways Group.</p> <p style="text-align:justify">“Through its network of more than 150 destinations around the globe, Qatar Airways is able to seamlessly connect leisure and business passengers with minimal transfer times in the Middle East, while providing an on-board level of comfort for which it is renowned the world over, inclusive of on-board Wi-Fi, a flexible dine-on-demand service in Business Class and the travel advantages bestowed upon it as part of the world’s largest global airline alliance, <strong>one</strong>world,” reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4198', 'image' => '20160908113511_qatar.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4364', 'article_category_id' => '1', 'title' => 'NBI to Host APABI Conference for the 1st time in Nepal', 'sub_title' => '', 'summary' => 'September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be hos', 'content' => '<p style="text-align:justify">September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be hosting APABI conference on September 22 and 23 in the capital. </p> <p style="text-align:justify">Chiranjibi Nepal, Governor of Nepal Rastra Bank, is scheduled to inaugurate the conference. The theme of this year’s conference is ‘Best Practices in Banking and Financial Industry’s Talent Development in Asia-Pacific.’</p> <p style="text-align:justify">The conference is expected to be participated by Chairmen and CEOs of banking academia of member countries and foreign experts from the banking industries. Apart from this, high level officials from domestic banks and financial institutions are also expected in the conference. </p> <p style="text-align:justify">APABI which is chaired by NBI for two years is an international conglomeration of banking academia of over 30 countries of Asia and Pacific region.</p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4197', 'image' => '20160908111807_apabi.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4363', 'article_category_id' => '1', 'title' => 'Apollo Tyre Holds Interaction Program', 'sub_title' => '', 'summary' => 'September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers. ', 'content' => '<p>September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers. </p> <p>“The interaction program was organised in a bid to promote the Apollo Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers. A total of 155 participants took part in the interaction program including customers, and industrialists and traders. </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4196', 'image' => '20160908105408_apollo.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4362', 'article_category_id' => '1', 'title' => 'Govt to Conclude PDA of Upper Trishuli-1 Soon', 'sub_title' => '', 'summary' => 'September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and E', 'content' => '<p style="text-align: justify;">September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and Energy Development Company (NWEDC), the developer of the project. Minister Sharma such remarks at a forum on "Foreign Direct Investment in Hydropower” jointly organized by International Finance Corporation (IFC), Independent Power Producers’ Association of Nepal (IPPAN) and NWEDC. </p> <p style="text-align: justify;">Speaking at the forum, Sharma said that its high time for Nepal to attract FDI to exploit its rich water resources. “We have both natural and human resources. What we do not have is enough investment. Therefore, the importance for FDI is very high for Nepal,” he mentioned. Stating that Nepal has already signed a Power Trade Agreement (PTA) with India, a huge market for Nepal’s hydroelectricity, Minister Sharma said this agreement is going to encourage FDI in Nepal’s hydropower sector. He further said that it takes years for hydropower promoters to get license and sign Power Purchase Agreement (PPA) and Power Development Agreement (PDA) which is discouraging to the foreign investors.</p> <p style="text-align: justify;">In the program, hydropower experts have stressed on the need for Nepal to attract foreign direct investment (FDI) for the development of its hydropower sector. They highlighted that Nepal was already late in terms of attracting FDI. Maheshwor Neupane, Director General of the Department of Industry, said the government has a policy of prioritizing the hydro sector for FDI. He also said that FDI in hydropower sector has been increasing, though slowly. </p> <p style="text-align: justify;">Stating that the Korean government has built fundamental industries and developed Korea’s economy through foreign loans and foreign direct investment, Choe Yong Jin, Korean Ambassador to Nepal said, “Nepal has one of the largest potentials in generating hydropower. But such great potential can only be materialized into reality through investment. And this investment will be made possible through discussions involving all the stakeholders and decisiveness and strong will of the leaders.”</p> <p style="text-align: justify;">Envoy Jin expressed hope that the Upper Trishuli One Project, which is being developed by the international consortium NWEDC composed of Korea South-East Power (KOSEP) and IFC, will make significant contribution to increasing total hydropower generation of Nepal. </p> <p style="text-align: justify;">Heo Yup, CEO of KOSEP, shared Korea’s FDI-funded development story. “Realizing that borrowing foreign funds and inviting FDI were essential for infrastructure development, Korean government took various measures to protect foreign capital and as a result, it attracted large amounts of foreign capital.” As a result, Yup said, Korea was able to build a base for a sharp economic growth that surprised the whole world. “At last, after 30 years of receiving FDI, Korea became one of the top 10 exporting countries in the world, with its export volume of USD 2,000 billion. Now, it is Korean who makes FDI in other countries”, he further explained. <br /> Comparing Nepal and Korea, he said both the countries have similar geography, and that Nepal can learn from Korea’s experience. </p> <p style="text-align: justify;">Similarly, Khadga Bahadur Bisht, President of Independent Power Producers’ Association Nepal (IPPAN), urged policy makers to put their serious efforts in order to attract FDI in the hydropower development. “We have been seeking FDI since 1981. But there have been only a few hydro projects funded through FDI. Nepal hasn’t done well in terms of attracting FDI”, said Bisht. </p> <p style="text-align: justify;">A panel discussion led by Dr Swarnim Wagle, former Member of National Planning Commission was held in the second session of the program where panelists Energy Seceretary Suman Prasad Sharma, IPPAN President Bisht, Iqbal Munawar, Project Manager PPIB, Pakistan, Kamal Dorabawila, Principal Investment Officer of IFC, Michael Boyd, USAID, Energy Policy & Strategy Advisor discussed about various aspects of enegry sector development. </p> ', 'published' => true, 'created' => '2016-09-07', 'modified' => '2016-09-07', 'keywords' => '', 'description' => '', 'sortorder' => '4195', 'image' => '20160907040735_hydor.jpg', 'article_date' => '2016-09-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4376', 'article_category_id' => '1', 'title' => 'Siddhartha Bank launches Two New Fixed Deposit Accounts', 'sub_title' => '', 'summary' => 'September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.', 'content' => '<p style="text-align: justify;">September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.</p> <p style="text-align: justify;">Issuing a press statement, the bank informed that Siddhartha Awakash Muddati Khata is one year fixed deposit account targeting the Nepalese citizens who have retired from their working life and want to invest their savings for attractive return. The bank will provide six percent interest per annum with monthly interest payment frequency.</p> <p style="text-align: justify;">Similarly, Siddhartha Premium Muddati Khata is a two years fixed deposit account offering an interest rate of 6.5 % per annum providing the customers comparatively higher returns on their deposits.</p> <p style="text-align: justify;">“The bank believes that it shall be able to serve more customers through these two new deposit accounts that are bundled with monthly interest payment, comparatively higher interest rate and several other attractive features,” reads the statement.</p> <p style="text-align: justify;">Currently, Siddhartha Bank has been providing banking services through its 64 branches, 81 ATMs and 66 branchless banking locations spread all across the country. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4209', 'image' => '20160909114855_sbl final.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4375', 'article_category_id' => '1', 'title' => 'Yamaha Announces First Winner of ‘Techno Trip to Tokyo’ Scheme', 'sub_title' => '', 'summary' => 'September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to Ja', 'content' => '<p style="text-align: justify;">September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to Japan.</p> <p style="text-align: justify;">Yamaha has initiated the festive offer last week in which every customer buying Yamaha motorcycles or scooters will get eight thousand rupees cash discount. Moreover, a lucky winner in each week will get exciting chance to make trip to Japan.</p> <p style="text-align: justify;">Winner of this week, Pukar Sharma will be visiting Yamaha's Communication Plaza, plants and other tourist destinations. He purchased an FZ-S FI from Risik Automobiles, Kumaripati, Lalitpur.</p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4208', 'image' => '20160909113550_tttt.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4374', 'article_category_id' => '1', 'title' => 'Vianet’s New Campaign in CAN Commtech ', 'sub_title' => '', 'summary' => 'September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTechat Bhrikutimandap from Sept 8th to 11th 2016. Issuing a press statement, the company informed of providing free installation for new s', 'content' => '<p>September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTech at Bhrikutimandap from Sept 8-11. Issuing a press statement, the company informed of providing free installation for new subscription and one-month free Internet service during the period.</p> <p>“To further enhance its customer experience and value addition, Vianet is also planning to launch Vianet “NETTV” soon. Vianet “NETTV”booking will be open from 8th September 2016. Vianet is offering 3 months' FREE subscription onVianet “NETTV” to subscribers during their offer period. Vianet “NETTV” will have a total of 34 HD channels and 82 SD Channels,” reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4207', 'image' => '20160909111230_vianet.JPG', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4373', 'article_category_id' => '1', 'title' => 'HBL Received TFP Award 2016 ', 'sub_title' => '', 'summary' => 'September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in Singapo', 'content' => '<p>September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in Singapore on September 7, 2016. </p> <p><br /> “ADB has awarded the TFP award to the bank for the recognition of its role in promoting trade finance in Asia and the Pacific,” reads the statement.</p> <p> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4206', 'image' => '20160909105915_hbl.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4372', 'article_category_id' => '1', 'title' => 'Summit Hotel to Receive Rs 1.8 Billion Further Investment ', 'sub_title' => '', 'summary' => 'September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms. ', 'content' => '<p>September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms.</p> <p><br /> “ Rs 1.80 billion will be invested for the restructuring of the hotel,” informed Ravi Bhakta Shrestha, Managing Director of NE Group. The investment on the hotel has been increased with the increasing number of tourists arriving in the country, he added. NE Group owns 50 percent stake in the hotel. The hotel which is spread across 16 ropanis of land is managed by a team of NE Group Managing Director Shrestha and Rahul Chaudhary who represents Chaudhary Group.</p> <p><br /> Shrestha opined that the struggle faced by the Nepali tourism sector after the last year's devastating earthquake was temporary. "Nepali tourism industry will soon flourish," he said. </p> <p><br /> As per the group, while most five star hotels were reeling under the effect of last year's events, Summit hotel, in the mean time, earned good revenue. During the time, the hotel raised its tariff rate though there was negligible decline in the occupancy of the hotel. According to Shrestha, technicians and a project team from Mumbai is working for restructuring of the hotel. Currently, the interior designing of the hotel with Nepali sytle is being carried out. </p> <p><br /> The hotel has various facilities including bar, restaurant, business centre, outdoor pool, business saloon, conference hall and a assembly hall. The hotel is expected to generate more than 200 employments after the completition of the restructuring process.</p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4205', 'image' => '20160908050934_summit hotel.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4371', 'article_category_id' => '1', 'title' => 'Demand of Nepali Cement Rises in Dodhara-Chandani', 'sub_title' => '', 'summary' => 'September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public hous', 'content' => '<p>September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public houses and physical infrastructures. Due to the sharply increased reach of Nepali cement in those villages, Indian cement brands have not been used since the last three years. </p> <p>According to the contractors engaged in construction works, the demand in the aforementioned VDCs has risen due to the quality of Nepali cement. According to contractor Puskar Madai, the high demand of Nepali cement has led to a slump in the import of Indian cement. </p> <p><br /> Cement traders say that the consumers can choose a variety of Nepal produced cement as per their preferences as almost all Nepali cement brands are available in the local market. Another contractor, Kashi Ram Joshi said, “The reach of cement produced by the companies of Mid-western region has eased the difficulties faced by consumers for construction works. Consumers who previously were relying on Indian cement have now started to use Nepali cement brands due to the increasing quality.”</p> <p><br /> Though there are no cement industries in the Far-western region, consumers of that area are using cement produced in mid-west. Dambar Datta Bhatta, a cement trader of Mahendranagar said, “Despite the good quality of Nepali cement, the import of Indian products has not been discouraged to its fullest. The increasing construction of modern houses and other structures is driving the sales of cement in the region.” </p> <p>Suresh Rawal, President of Kanchanpur Chamber of Commerce and Industry said, “There is a huge potential to build two cement industries in this region. But the place is not being able to attract the investors.” As per the traders, cement produced by Nepali companies worth Rs 1 billion is being traded in the area. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4204', 'image' => '20160908045428_cement final.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4370', 'article_category_id' => '1', 'title' => 'The Amazing Motor Rally 2016', 'sub_title' => '', 'summary' => 'September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be o', 'content' => '<p style="text-align: justify;">September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be organising ‘The Amazing Motor Rally 2016’ aiming to promote and develop internal tourism of the country. The organiser will be also promoting ‘Ghumfir Barsa 2073’ through the rally. </p> <p style="text-align: justify;"><br /> The event, scheduled to be organized on September 10 will cover the distance of 220 kilometers from Kathmandu to Pokhara. According to the organiser, the event will start from Park Village Resort of Kathmandu and concludes at Waterfront Resort in Lakeside, Pokhara. There will be eight check posts in between the 200kms rally. Winners will be announced on the basis of time and speed. As per organizer, the winners will be declared on the basis of number of likes on Facebook posts and decoration of vehicles as well. </p> <p style="text-align: justify;">The first winner of the event will be provided two-way ticket from Qatar Airways for round trip from Kathmandu to any destination of the world. Similarly, Thai Airways will provide two-way ticket from Kathmandu toBangkok for runner up where as Nepal Airlines will provide two-way ticket to third placed winner from Kathmandu to any location of India. Likewise, the participants will get around 15 prize packages such as paragliding, ultra-light, zip landing, bungee jumping through lucky-draw. </p> <p style="text-align: justify;"><br /> The interested participants need to submit Rs 12,000 for registration including both rider and navigator. They must submit the registration form in Rotary District Secretariat at Thapathali till 12 pm on September 8. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4203', 'image' => '20160908031436_tar.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4369', 'article_category_id' => '1', 'title' => 'Run Shoes’ Runpati Offer', 'sub_title' => '', 'summary' => 'September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand. ', 'content' => '<p style="text-align: justify;">September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand. </p> <p style="text-align: justify;">Under the scheme, the buyers will get a scratch coupon for buying a pair of Run Shoes in which they will get cash prizes from Rs 100 to Rs 200,000 or 5-100 percent discount offer. Similarly, by scratching another side of scratch coupon, the winner will win money that he/she can carry. The company informs that every buyer of Run shoes will get sure shot prizes under the scheme. </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4202', 'image' => '20160908012758_run.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4368', 'article_category_id' => '1', 'title' => 'Viber Offer Free Out Calls to 52 Countries', 'sub_title' => '', 'summary' => 'September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber users.', 'content' => '<p style="text-align: justify;">September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber users.</p> <p style="text-align: justify;">Issuing a press statement the company informed that the Viber users with a registered Nepalese phone number can make a national or international call to any landline or non-Viber mobile completely free using Viber Out.</p> <p style="text-align: justify;">“Started from September 6, the offer is available everyday between 8pm to 10pm till September 19th, 2016 for calls to 52countries,” states the press release. Nepalis users can use free Viber Out feature which is designed to call mobile and landline numbers around the world from any iOS, Android and Windows smartphone or Windows PC or Mac. Mobile data or Wi-Fi connection is necessary to enjoy the offer.</p> <p style="text-align: justify;">“Viber has a very strong presence in Nepal. Since a large part of Nepal’s population stay outside for work or education, the Free Viber Out offer will give people an opportunity to connect freely without worrying about call charges ” said Anubhav Nayyar , Regional Head , South Asia for Viber.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4201', 'image' => '20160908011809_viber.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4367', 'article_category_id' => '1', 'title' => 'Colors Introduces P20', 'sub_title' => '', 'summary' => 'September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market. ', 'content' => '<p style="text-align:justify">September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market. </p> <p style="text-align:justify">Pride P-20 comes with slim design that gives the handset an outstandinglook. The company informs that the new product having latest operating system Marshmallow is available at the reasonable price in the market. The smartphone having 3.2 megapixels camera is priced at Rs 4,695. According to the company, the battery usage of new smartphone is 400 hours given that the battery is fully charged. With the battery standby upto 400 hours with 1400mAh battery and 1.3 GHz quad-core processor addressing the need of modern day user’s requirement to multi-task throughout the day supports upto 32 GB internal memory</p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4200', 'image' => '20160908010457_colors.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4366', 'article_category_id' => '1', 'title' => 'NMB Bank becomes Lead Financer of Kalanga Hydro ', 'sub_title' => '', 'summary' => 'September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad Hydroel', 'content' => '<p style="text-align: justify;">September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad Hydroelectric Project places NMB Bank as a fore runner in financing the hydro power project, said the press statement issued by the bank.</p> <p style="text-align: justify;"><br /> The project being developed by Kalanga Hydro is located in Sukunda, Bajh and Khairatadi VDCs of Bajhang District, Seti Zone of Far Western Region of Nepal. “The project under the lead of NMB Bank includes NIC Asia Bank, Civil Bank, Janata Bank Nepal, Deva Bikas Bank and Jyoti Bikas Bank as consortium member banks. The total project cost stands at Rs 2.80 billion out of which Rs 2.10 billion has been managed by the consortium debt,” reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4199', 'image' => '20160908114347_nmb.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4365', 'article_category_id' => '1', 'title' => 'Qatar Airways Once Again Receives ‘Best For Business’ Award', 'sub_title' => '', 'summary' => 'September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United Kingdom.', 'content' => '<p style="text-align:justify">September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United Kingdom.</p> <p style="text-align:justify">The airline was awarded the coveted ‘Best for Business’ accolade with readers highlighting Qatar Airways’ industry leading on-board experience and premium lounges, informed the press statement issued by the company.</p> <p style="text-align:justify"> “We are honoured to be recognised as the ‘Best for Business’ by the readers of Condé Nast Traveller. Such an accolade is a direct reflection of our passengers’ satisfaction in the service we provide and we remain committed to providing the very best experience to our guests throughout their journey,” said Akbar Al Baker, Chief Executive of Qatar Airways Group.</p> <p style="text-align:justify">“Through its network of more than 150 destinations around the globe, Qatar Airways is able to seamlessly connect leisure and business passengers with minimal transfer times in the Middle East, while providing an on-board level of comfort for which it is renowned the world over, inclusive of on-board Wi-Fi, a flexible dine-on-demand service in Business Class and the travel advantages bestowed upon it as part of the world’s largest global airline alliance, <strong>one</strong>world,” reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4198', 'image' => '20160908113511_qatar.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4364', 'article_category_id' => '1', 'title' => 'NBI to Host APABI Conference for the 1st time in Nepal', 'sub_title' => '', 'summary' => 'September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be hos', 'content' => '<p style="text-align:justify">September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be hosting APABI conference on September 22 and 23 in the capital. </p> <p style="text-align:justify">Chiranjibi Nepal, Governor of Nepal Rastra Bank, is scheduled to inaugurate the conference. The theme of this year’s conference is ‘Best Practices in Banking and Financial Industry’s Talent Development in Asia-Pacific.’</p> <p style="text-align:justify">The conference is expected to be participated by Chairmen and CEOs of banking academia of member countries and foreign experts from the banking industries. Apart from this, high level officials from domestic banks and financial institutions are also expected in the conference. </p> <p style="text-align:justify">APABI which is chaired by NBI for two years is an international conglomeration of banking academia of over 30 countries of Asia and Pacific region.</p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4197', 'image' => '20160908111807_apabi.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4363', 'article_category_id' => '1', 'title' => 'Apollo Tyre Holds Interaction Program', 'sub_title' => '', 'summary' => 'September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers. ', 'content' => '<p>September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers. </p> <p>“The interaction program was organised in a bid to promote the Apollo Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers. A total of 155 participants took part in the interaction program including customers, and industrialists and traders. </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4196', 'image' => '20160908105408_apollo.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4362', 'article_category_id' => '1', 'title' => 'Govt to Conclude PDA of Upper Trishuli-1 Soon', 'sub_title' => '', 'summary' => 'September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and E', 'content' => '<p style="text-align: justify;">September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and Energy Development Company (NWEDC), the developer of the project. Minister Sharma such remarks at a forum on "Foreign Direct Investment in Hydropower” jointly organized by International Finance Corporation (IFC), Independent Power Producers’ Association of Nepal (IPPAN) and NWEDC. </p> <p style="text-align: justify;">Speaking at the forum, Sharma said that its high time for Nepal to attract FDI to exploit its rich water resources. “We have both natural and human resources. What we do not have is enough investment. Therefore, the importance for FDI is very high for Nepal,” he mentioned. Stating that Nepal has already signed a Power Trade Agreement (PTA) with India, a huge market for Nepal’s hydroelectricity, Minister Sharma said this agreement is going to encourage FDI in Nepal’s hydropower sector. He further said that it takes years for hydropower promoters to get license and sign Power Purchase Agreement (PPA) and Power Development Agreement (PDA) which is discouraging to the foreign investors.</p> <p style="text-align: justify;">In the program, hydropower experts have stressed on the need for Nepal to attract foreign direct investment (FDI) for the development of its hydropower sector. They highlighted that Nepal was already late in terms of attracting FDI. Maheshwor Neupane, Director General of the Department of Industry, said the government has a policy of prioritizing the hydro sector for FDI. He also said that FDI in hydropower sector has been increasing, though slowly. </p> <p style="text-align: justify;">Stating that the Korean government has built fundamental industries and developed Korea’s economy through foreign loans and foreign direct investment, Choe Yong Jin, Korean Ambassador to Nepal said, “Nepal has one of the largest potentials in generating hydropower. But such great potential can only be materialized into reality through investment. And this investment will be made possible through discussions involving all the stakeholders and decisiveness and strong will of the leaders.”</p> <p style="text-align: justify;">Envoy Jin expressed hope that the Upper Trishuli One Project, which is being developed by the international consortium NWEDC composed of Korea South-East Power (KOSEP) and IFC, will make significant contribution to increasing total hydropower generation of Nepal. </p> <p style="text-align: justify;">Heo Yup, CEO of KOSEP, shared Korea’s FDI-funded development story. “Realizing that borrowing foreign funds and inviting FDI were essential for infrastructure development, Korean government took various measures to protect foreign capital and as a result, it attracted large amounts of foreign capital.” As a result, Yup said, Korea was able to build a base for a sharp economic growth that surprised the whole world. “At last, after 30 years of receiving FDI, Korea became one of the top 10 exporting countries in the world, with its export volume of USD 2,000 billion. Now, it is Korean who makes FDI in other countries”, he further explained. <br /> Comparing Nepal and Korea, he said both the countries have similar geography, and that Nepal can learn from Korea’s experience. </p> <p style="text-align: justify;">Similarly, Khadga Bahadur Bisht, President of Independent Power Producers’ Association Nepal (IPPAN), urged policy makers to put their serious efforts in order to attract FDI in the hydropower development. “We have been seeking FDI since 1981. But there have been only a few hydro projects funded through FDI. Nepal hasn’t done well in terms of attracting FDI”, said Bisht. </p> <p style="text-align: justify;">A panel discussion led by Dr Swarnim Wagle, former Member of National Planning Commission was held in the second session of the program where panelists Energy Seceretary Suman Prasad Sharma, IPPAN President Bisht, Iqbal Munawar, Project Manager PPIB, Pakistan, Kamal Dorabawila, Principal Investment Officer of IFC, Michael Boyd, USAID, Energy Policy & Strategy Advisor discussed about various aspects of enegry sector development. </p> ', 'published' => true, 'created' => '2016-09-07', 'modified' => '2016-09-07', 'keywords' => '', 'description' => '', 'sortorder' => '4195', 'image' => '20160907040735_hydor.jpg', 'article_date' => '2016-09-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4376', 'article_category_id' => '1', 'title' => 'Siddhartha Bank launches Two New Fixed Deposit Accounts', 'sub_title' => '', 'summary' => 'September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.', 'content' => '<p style="text-align: justify;">September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.</p> <p style="text-align: justify;">Issuing a press statement, the bank informed that Siddhartha Awakash Muddati Khata is one year fixed deposit account targeting the Nepalese citizens who have retired from their working life and want to invest their savings for attractive return. The bank will provide six percent interest per annum with monthly interest payment frequency.</p> <p style="text-align: justify;">Similarly, Siddhartha Premium Muddati Khata is a two years fixed deposit account offering an interest rate of 6.5 % per annum providing the customers comparatively higher returns on their deposits.</p> <p style="text-align: justify;">“The bank believes that it shall be able to serve more customers through these two new deposit accounts that are bundled with monthly interest payment, comparatively higher interest rate and several other attractive features,” reads the statement.</p> <p style="text-align: justify;">Currently, Siddhartha Bank has been providing banking services through its 64 branches, 81 ATMs and 66 branchless banking locations spread all across the country. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4209', 'image' => '20160909114855_sbl final.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4375', 'article_category_id' => '1', 'title' => 'Yamaha Announces First Winner of ‘Techno Trip to Tokyo’ Scheme', 'sub_title' => '', 'summary' => 'September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to Ja', 'content' => '<p style="text-align: justify;">September 9: MAW Enterprises, the authorized distributor of Yamaha motorcycles and scooters in Nepal, announces first winner of its festive offer, 'Techno Trip to Tokyo'. Issuing a press statement, the company informed that Pukar Sharma of Lalitpur has been selected the first lucky winner to make technology trip to Japan.</p> <p style="text-align: justify;">Yamaha has initiated the festive offer last week in which every customer buying Yamaha motorcycles or scooters will get eight thousand rupees cash discount. Moreover, a lucky winner in each week will get exciting chance to make trip to Japan.</p> <p style="text-align: justify;">Winner of this week, Pukar Sharma will be visiting Yamaha's Communication Plaza, plants and other tourist destinations. He purchased an FZ-S FI from Risik Automobiles, Kumaripati, Lalitpur.</p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4208', 'image' => '20160909113550_tttt.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4374', 'article_category_id' => '1', 'title' => 'Vianet’s New Campaign in CAN Commtech ', 'sub_title' => '', 'summary' => 'September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTechat Bhrikutimandap from Sept 8th to 11th 2016. Issuing a press statement, the company informed of providing free installation for new s', 'content' => '<p>September 9: Vianet Communications, the 1st and the widest FTTH (Fiber-to-the-home) Internet service provider in Nepal has launched its new customer scheme targeting the ongoing CAN CommTech at Bhrikutimandap from Sept 8-11. Issuing a press statement, the company informed of providing free installation for new subscription and one-month free Internet service during the period.</p> <p>“To further enhance its customer experience and value addition, Vianet is also planning to launch Vianet “NETTV” soon. Vianet “NETTV”booking will be open from 8th September 2016. Vianet is offering 3 months' FREE subscription onVianet “NETTV” to subscribers during their offer period. Vianet “NETTV” will have a total of 34 HD channels and 82 SD Channels,” reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4207', 'image' => '20160909111230_vianet.JPG', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4373', 'article_category_id' => '1', 'title' => 'HBL Received TFP Award 2016 ', 'sub_title' => '', 'summary' => 'September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in Singapo', 'content' => '<p>September 9: Asian Development Bank (ADB) has awarded the TFP Award 2016- Leading Partner Bank in Nepal to Himalayan Bank.Issuing a press statement, the bank informed that Manoj Bahadur Shrestha, Chairman of the Bank , received the award amidst the ADB Trade Finance Program (TFP) Award Ceremony organized by ADB in Singapore on September 7, 2016. </p> <p><br /> “ADB has awarded the TFP award to the bank for the recognition of its role in promoting trade finance in Asia and the Pacific,” reads the statement.</p> <p> </p> ', 'published' => true, 'created' => '2016-09-09', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4206', 'image' => '20160909105915_hbl.jpg', 'article_date' => '2016-09-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4372', 'article_category_id' => '1', 'title' => 'Summit Hotel to Receive Rs 1.8 Billion Further Investment ', 'sub_title' => '', 'summary' => 'September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms. ', 'content' => '<p>September 8: Summit Hotel, located at Kupondole, Lalitpur is adding Rs 1.8 billion for constructing new structure within the next two years. The hotel is a joint venture of NE Group, Chaudhary Group and IEG Group. The 83-room hotel is currently under reconsrtuction after which it will have a total of 230 rooms.</p> <p><br /> “ Rs 1.80 billion will be invested for the restructuring of the hotel,” informed Ravi Bhakta Shrestha, Managing Director of NE Group. The investment on the hotel has been increased with the increasing number of tourists arriving in the country, he added. NE Group owns 50 percent stake in the hotel. The hotel which is spread across 16 ropanis of land is managed by a team of NE Group Managing Director Shrestha and Rahul Chaudhary who represents Chaudhary Group.</p> <p><br /> Shrestha opined that the struggle faced by the Nepali tourism sector after the last year's devastating earthquake was temporary. "Nepali tourism industry will soon flourish," he said. </p> <p><br /> As per the group, while most five star hotels were reeling under the effect of last year's events, Summit hotel, in the mean time, earned good revenue. During the time, the hotel raised its tariff rate though there was negligible decline in the occupancy of the hotel. According to Shrestha, technicians and a project team from Mumbai is working for restructuring of the hotel. Currently, the interior designing of the hotel with Nepali sytle is being carried out. </p> <p><br /> The hotel has various facilities including bar, restaurant, business centre, outdoor pool, business saloon, conference hall and a assembly hall. The hotel is expected to generate more than 200 employments after the completition of the restructuring process.</p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-09', 'keywords' => '', 'description' => '', 'sortorder' => '4205', 'image' => '20160908050934_summit hotel.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4371', 'article_category_id' => '1', 'title' => 'Demand of Nepali Cement Rises in Dodhara-Chandani', 'sub_title' => '', 'summary' => 'September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public hous', 'content' => '<p>September 8: With the increasing use cement produced by Nepali producers, the demand of Indian cement brands has fallen down to zero in two VDCs of Dodhara and Chandani across the Mahakali River. The consumers of these VDCs are using Nepal produced cement for the construction of both private and public houses and physical infrastructures. Due to the sharply increased reach of Nepali cement in those villages, Indian cement brands have not been used since the last three years. </p> <p>According to the contractors engaged in construction works, the demand in the aforementioned VDCs has risen due to the quality of Nepali cement. According to contractor Puskar Madai, the high demand of Nepali cement has led to a slump in the import of Indian cement. </p> <p><br /> Cement traders say that the consumers can choose a variety of Nepal produced cement as per their preferences as almost all Nepali cement brands are available in the local market. Another contractor, Kashi Ram Joshi said, “The reach of cement produced by the companies of Mid-western region has eased the difficulties faced by consumers for construction works. Consumers who previously were relying on Indian cement have now started to use Nepali cement brands due to the increasing quality.”</p> <p><br /> Though there are no cement industries in the Far-western region, consumers of that area are using cement produced in mid-west. Dambar Datta Bhatta, a cement trader of Mahendranagar said, “Despite the good quality of Nepali cement, the import of Indian products has not been discouraged to its fullest. The increasing construction of modern houses and other structures is driving the sales of cement in the region.” </p> <p>Suresh Rawal, President of Kanchanpur Chamber of Commerce and Industry said, “There is a huge potential to build two cement industries in this region. But the place is not being able to attract the investors.” As per the traders, cement produced by Nepali companies worth Rs 1 billion is being traded in the area. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4204', 'image' => '20160908045428_cement final.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4370', 'article_category_id' => '1', 'title' => 'The Amazing Motor Rally 2016', 'sub_title' => '', 'summary' => 'September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be o', 'content' => '<p style="text-align: justify;">September 8: The Rotary Foundation, established by Arch Klumphs in 1917 has entered in its 100th years of establishment. On the occasion, Rotary Club of Bagmati will be organising ‘The Amazing Motor Rally 2016’ aiming to promote and develop internal tourism of the country. The organiser will be also promoting ‘Ghumfir Barsa 2073’ through the rally. </p> <p style="text-align: justify;"><br /> The event, scheduled to be organized on September 10 will cover the distance of 220 kilometers from Kathmandu to Pokhara. According to the organiser, the event will start from Park Village Resort of Kathmandu and concludes at Waterfront Resort in Lakeside, Pokhara. There will be eight check posts in between the 200kms rally. Winners will be announced on the basis of time and speed. As per organizer, the winners will be declared on the basis of number of likes on Facebook posts and decoration of vehicles as well. </p> <p style="text-align: justify;">The first winner of the event will be provided two-way ticket from Qatar Airways for round trip from Kathmandu to any destination of the world. Similarly, Thai Airways will provide two-way ticket from Kathmandu toBangkok for runner up where as Nepal Airlines will provide two-way ticket to third placed winner from Kathmandu to any location of India. Likewise, the participants will get around 15 prize packages such as paragliding, ultra-light, zip landing, bungee jumping through lucky-draw. </p> <p style="text-align: justify;"><br /> The interested participants need to submit Rs 12,000 for registration including both rider and navigator. They must submit the registration form in Rotary District Secretariat at Thapathali till 12 pm on September 8. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4203', 'image' => '20160908031436_tar.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4369', 'article_category_id' => '1', 'title' => 'Run Shoes’ Runpati Offer', 'sub_title' => '', 'summary' => 'September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand. ', 'content' => '<p style="text-align: justify;">September 8: Run Shoes Industries has launched ‘Run ko Runpati, Na Lakhapati Na Karodpati Aafule Bokna Sake Jati’ prize scheme on the festive occasion of Dashain-Tihar. According to the company, the offer is available in its best product ‘Run’ brand. </p> <p style="text-align: justify;">Under the scheme, the buyers will get a scratch coupon for buying a pair of Run Shoes in which they will get cash prizes from Rs 100 to Rs 200,000 or 5-100 percent discount offer. Similarly, by scratching another side of scratch coupon, the winner will win money that he/she can carry. The company informs that every buyer of Run shoes will get sure shot prizes under the scheme. </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4202', 'image' => '20160908012758_run.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4368', 'article_category_id' => '1', 'title' => 'Viber Offer Free Out Calls to 52 Countries', 'sub_title' => '', 'summary' => 'September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber users.', 'content' => '<p style="text-align: justify;">September 8: With the growing popularity of Viber in Nepal, the company has unveiled a new scheme for the Nepali customers. The company has started Viber Out service for more than four million Nepali Viber users.</p> <p style="text-align: justify;">Issuing a press statement the company informed that the Viber users with a registered Nepalese phone number can make a national or international call to any landline or non-Viber mobile completely free using Viber Out.</p> <p style="text-align: justify;">“Started from September 6, the offer is available everyday between 8pm to 10pm till September 19th, 2016 for calls to 52countries,” states the press release. Nepalis users can use free Viber Out feature which is designed to call mobile and landline numbers around the world from any iOS, Android and Windows smartphone or Windows PC or Mac. Mobile data or Wi-Fi connection is necessary to enjoy the offer.</p> <p style="text-align: justify;">“Viber has a very strong presence in Nepal. Since a large part of Nepal’s population stay outside for work or education, the Free Viber Out offer will give people an opportunity to connect freely without worrying about call charges ” said Anubhav Nayyar , Regional Head , South Asia for Viber.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4201', 'image' => '20160908011809_viber.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4367', 'article_category_id' => '1', 'title' => 'Colors Introduces P20', 'sub_title' => '', 'summary' => 'September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market. ', 'content' => '<p style="text-align:justify">September 8: Colors Mobile has introduced a new line up under Pride Series Smartphones with PrideP20. With the attractive design and four inches screen, the company believes that the smart phone model will be popular in the Nepali gadget market. </p> <p style="text-align:justify">Pride P-20 comes with slim design that gives the handset an outstandinglook. The company informs that the new product having latest operating system Marshmallow is available at the reasonable price in the market. The smartphone having 3.2 megapixels camera is priced at Rs 4,695. According to the company, the battery usage of new smartphone is 400 hours given that the battery is fully charged. With the battery standby upto 400 hours with 1400mAh battery and 1.3 GHz quad-core processor addressing the need of modern day user’s requirement to multi-task throughout the day supports upto 32 GB internal memory</p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4200', 'image' => '20160908010457_colors.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4366', 'article_category_id' => '1', 'title' => 'NMB Bank becomes Lead Financer of Kalanga Hydro ', 'sub_title' => '', 'summary' => 'September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad Hydroel', 'content' => '<p style="text-align: justify;">September 8: NMB Bank has successfully executed financial closure of Kalanga Gad Hydroelectric Project having an installed capacity of 15.33 MW. The financial closure of Kalanga Gad Hydroelectric Project places NMB Bank as a fore runner in financing the hydro power project, said the press statement issued by the bank.</p> <p style="text-align: justify;"><br /> The project being developed by Kalanga Hydro is located in Sukunda, Bajh and Khairatadi VDCs of Bajhang District, Seti Zone of Far Western Region of Nepal. “The project under the lead of NMB Bank includes NIC Asia Bank, Civil Bank, Janata Bank Nepal, Deva Bikas Bank and Jyoti Bikas Bank as consortium member banks. The total project cost stands at Rs 2.80 billion out of which Rs 2.10 billion has been managed by the consortium debt,” reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4199', 'image' => '20160908114347_nmb.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4365', 'article_category_id' => '1', 'title' => 'Qatar Airways Once Again Receives ‘Best For Business’ Award', 'sub_title' => '', 'summary' => 'September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United Kingdom.', 'content' => '<p style="text-align:justify">September 8: Qatar Airways has once again been recognised as one of the leading airlines in the world in the recent Condé Nast Traveller ‘Readers Travel Awards’ held in London, United Kingdom.</p> <p style="text-align:justify">The airline was awarded the coveted ‘Best for Business’ accolade with readers highlighting Qatar Airways’ industry leading on-board experience and premium lounges, informed the press statement issued by the company.</p> <p style="text-align:justify"> “We are honoured to be recognised as the ‘Best for Business’ by the readers of Condé Nast Traveller. Such an accolade is a direct reflection of our passengers’ satisfaction in the service we provide and we remain committed to providing the very best experience to our guests throughout their journey,” said Akbar Al Baker, Chief Executive of Qatar Airways Group.</p> <p style="text-align:justify">“Through its network of more than 150 destinations around the globe, Qatar Airways is able to seamlessly connect leisure and business passengers with minimal transfer times in the Middle East, while providing an on-board level of comfort for which it is renowned the world over, inclusive of on-board Wi-Fi, a flexible dine-on-demand service in Business Class and the travel advantages bestowed upon it as part of the world’s largest global airline alliance, <strong>one</strong>world,” reads the statement.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4198', 'image' => '20160908113511_qatar.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4364', 'article_category_id' => '1', 'title' => 'NBI to Host APABI Conference for the 1st time in Nepal', 'sub_title' => '', 'summary' => 'September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be hos', 'content' => '<p style="text-align:justify">September 8: National Banking Institute (NBI) is holding Asian Pacific Association of Banking Institutes (APABI) conference for the first time in Nepal. Issuing a press statement, it has been informed that NBI will be hosting APABI conference on September 22 and 23 in the capital. </p> <p style="text-align:justify">Chiranjibi Nepal, Governor of Nepal Rastra Bank, is scheduled to inaugurate the conference. The theme of this year’s conference is ‘Best Practices in Banking and Financial Industry’s Talent Development in Asia-Pacific.’</p> <p style="text-align:justify">The conference is expected to be participated by Chairmen and CEOs of banking academia of member countries and foreign experts from the banking industries. Apart from this, high level officials from domestic banks and financial institutions are also expected in the conference. </p> <p style="text-align:justify">APABI which is chaired by NBI for two years is an international conglomeration of banking academia of over 30 countries of Asia and Pacific region.</p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4197', 'image' => '20160908111807_apabi.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4363', 'article_category_id' => '1', 'title' => 'Apollo Tyre Holds Interaction Program', 'sub_title' => '', 'summary' => 'September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers. ', 'content' => '<p>September 8: Apollo Tyre has concluded its customers’ meet and interaction program at Pokhara. The program was organised by Monica Suppliers. </p> <p>“The interaction program was organised in a bid to promote the Apollo Tyres,” said Mohan Babu Khadka, Director of Monica Suppliers. A total of 155 participants took part in the interaction program including customers, and industrialists and traders. </p> ', 'published' => true, 'created' => '2016-09-08', 'modified' => '2016-09-08', 'keywords' => '', 'description' => '', 'sortorder' => '4196', 'image' => '20160908105408_apollo.jpg', 'article_date' => '2016-09-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4362', 'article_category_id' => '1', 'title' => 'Govt to Conclude PDA of Upper Trishuli-1 Soon', 'sub_title' => '', 'summary' => 'September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and E', 'content' => '<p style="text-align: justify;">September 7: Minister for Energy Janardan Sharma has informed that Power Development Agreement (PDA) for the 216MW Upper Trishuli-1 hydropower project will soon be concluded. Speaking at a forum held in capital on September 6, Tuesday, Sharma said that he will focus his efforts to finalise the PDA with the Nepal Water and Energy Development Company (NWEDC), the developer of the project. Minister Sharma such remarks at a forum on "Foreign Direct Investment in Hydropower” jointly organized by International Finance Corporation (IFC), Independent Power Producers’ Association of Nepal (IPPAN) and NWEDC. </p> <p style="text-align: justify;">Speaking at the forum, Sharma said that its high time for Nepal to attract FDI to exploit its rich water resources. “We have both natural and human resources. What we do not have is enough investment. Therefore, the importance for FDI is very high for Nepal,” he mentioned. Stating that Nepal has already signed a Power Trade Agreement (PTA) with India, a huge market for Nepal’s hydroelectricity, Minister Sharma said this agreement is going to encourage FDI in Nepal’s hydropower sector. He further said that it takes years for hydropower promoters to get license and sign Power Purchase Agreement (PPA) and Power Development Agreement (PDA) which is discouraging to the foreign investors.</p> <p style="text-align: justify;">In the program, hydropower experts have stressed on the need for Nepal to attract foreign direct investment (FDI) for the development of its hydropower sector. They highlighted that Nepal was already late in terms of attracting FDI. Maheshwor Neupane, Director General of the Department of Industry, said the government has a policy of prioritizing the hydro sector for FDI. He also said that FDI in hydropower sector has been increasing, though slowly. </p> <p style="text-align: justify;">Stating that the Korean government has built fundamental industries and developed Korea’s economy through foreign loans and foreign direct investment, Choe Yong Jin, Korean Ambassador to Nepal said, “Nepal has one of the largest potentials in generating hydropower. But such great potential can only be materialized into reality through investment. And this investment will be made possible through discussions involving all the stakeholders and decisiveness and strong will of the leaders.”</p> <p style="text-align: justify;">Envoy Jin expressed hope that the Upper Trishuli One Project, which is being developed by the international consortium NWEDC composed of Korea South-East Power (KOSEP) and IFC, will make significant contribution to increasing total hydropower generation of Nepal. </p> <p style="text-align: justify;">Heo Yup, CEO of KOSEP, shared Korea’s FDI-funded development story. “Realizing that borrowing foreign funds and inviting FDI were essential for infrastructure development, Korean government took various measures to protect foreign capital and as a result, it attracted large amounts of foreign capital.” As a result, Yup said, Korea was able to build a base for a sharp economic growth that surprised the whole world. “At last, after 30 years of receiving FDI, Korea became one of the top 10 exporting countries in the world, with its export volume of USD 2,000 billion. Now, it is Korean who makes FDI in other countries”, he further explained. <br /> Comparing Nepal and Korea, he said both the countries have similar geography, and that Nepal can learn from Korea’s experience. </p> <p style="text-align: justify;">Similarly, Khadga Bahadur Bisht, President of Independent Power Producers’ Association Nepal (IPPAN), urged policy makers to put their serious efforts in order to attract FDI in the hydropower development. “We have been seeking FDI since 1981. But there have been only a few hydro projects funded through FDI. Nepal hasn’t done well in terms of attracting FDI”, said Bisht. </p> <p style="text-align: justify;">A panel discussion led by Dr Swarnim Wagle, former Member of National Planning Commission was held in the second session of the program where panelists Energy Seceretary Suman Prasad Sharma, IPPAN President Bisht, Iqbal Munawar, Project Manager PPIB, Pakistan, Kamal Dorabawila, Principal Investment Officer of IFC, Michael Boyd, USAID, Energy Policy & Strategy Advisor discussed about various aspects of enegry sector development. </p> ', 'published' => true, 'created' => '2016-09-07', 'modified' => '2016-09-07', 'keywords' => '', 'description' => '', 'sortorder' => '4195', 'image' => '20160907040735_hydor.jpg', 'article_date' => '2016-09-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25