Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '4117',
			'article_category_id' => '1',
			'title' => 'Set Wet to Organise Male Style Event 2073',
			'sub_title' => '',
			'summary' => 'August 4: Set Wet, a popular hair gel and deodorant brand among the male will be organising ‘Set Wet Style Event 2073’ in Nepal. Issuing a press statement,',
			'content' => '<p style="text-align: justify;">August 4: Set Wet, a popular hair gel and deodorant brand among the male will be organising &lsquo;Set Wet Style Event 2073&rsquo; in Nepal. Issuing a press statement, it has been informed that the event will take place in different colleges, malls and hotspots in Nepal and anyone can participate in the event.</p>

<p style="text-align: justify;">According to the organiser, participants will get an opportunity to style their hair by the hair designer of the crew. &ldquo;Participants will be a part of digital contest and the outstanding participant will be announced as &lsquo;Set Wet Style Star 2073&rsquo;,&rdquo; reads the statement.&nbsp;</p>
',
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			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3950',
			'image' => '20160804012016_set wet.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4116',
			'article_category_id' => '1',
			'title' => 'Interaction Program between NCCCI and Chinese Trade Delegates Organised',
			'sub_title' => '',
			'summary' => 'August 4: The interaction program between of Nepal-China Chamber of Commerce and Industry and Chengdu Association of Foreign Economic and Trade',
			'content' => '<p style="text-align: justify;">August 4: The interaction program between of Nepal-China Chamber of Commerce and Industry and Chengdu Association of Foreign Economic and Trade Co-operation has been concluded in the valley. The interaction program was conducted between the NCCCI and 16 Chinese trade delegates led by Chen Xiao, General Secretary of the Association regarding economic, trade and investment expansion.</p>

<p style="text-align: justify;">Rajesh Kaji Shrestha, President of NCCCI has requested the visiting Chinese trade delegates to invest in Nepal in the sectors including hydropower, tourism and agriculture. &nbsp;He also urged them to avail the exhibition hall for the exhibition of Nepali handicraft products in upcoming trade fair which will be held in Chengdu.</p>

<p style="text-align: justify;">According to Xiao, Chief of the delegation, the construction of new airport in Chengdu will increase tourist arrival to and from China. He opined that investment and trade will also increase along with the tourists. He said &ldquo;Chinese investors are interested of investing in hydropower, tourism and electronic goods and production sectors.&rdquo; He urged Nepali traders to participate in upcoming trade fair in Chengdu as well.</p>
',
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			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3949',
			'image' => '20160804010543_chine.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
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			'id' => '4115',
			'article_category_id' => '1',
			'title' => 'United Insurance’s Interaction Program in Bharatpur',
			'sub_title' => '',
			'summary' => 'August 4: United Insurance Company (UIC) has organized a one day interaction program in Bharatpur. Anil Aryal, Senior Manager of the UIC informed about the problems and solutions of the insurance sector in the program. The program also held discussion on documents required while claiming th',
			'content' => '<p style="text-align: justify;">August 4: United Insurance Company (UIC) has organized a one day interaction program in Bharatpur. Anil Aryal, Senior Manager of the UIC informed about the problems and solutions of the insurance sector in the program. The program also held discussion on documents required while claiming the insurance and things to be noticed while purchasing insurance policy.</p>

<p style="text-align: justify;">&ldquo;Banana, fish and livestock farmers of Chitwan has been more benefited with the government decision of giving subsidy in crops and livestock insurance,&rdquo; said Ram Gurung, Narayangadh Branch Head of UIC.</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3948',
			'image' => '20160804123448_uic.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '4114',
			'article_category_id' => '1',
			'title' => 'Lions Club Professional Provides Scholarship',
			'sub_title' => '',
			'summary' => 'August 4: Lions Club of Sidharthanagar Professional, an institute initiated by banking staffs, has provided scholarship to three students of Mugu district. The institute has provided the scholarship of Rs 360,000 to economically weak students for their higher studies amid a program organised in Bhairah',
			'content' => '<p style="text-align: justify;">August 4: Lions Club of Sidharthanagar Professional, an institute initiated by banking staffs, has provided scholarship to three students of Mugu district. The institute has provided the scholarship of Rs 360,000 to economically weak students for their higher studies amid a program organised in Bhairahawa.</p>

<p style="text-align: justify;">&ldquo;The scholarship amount are provided to support the students from remote part of the country for their higher studies,&rdquo; said Amrit Thapa, Bhairahawa Branch Manager of Fewa Bikas Bank and Former Chairman of the club. The club has provided the scholarship to SLC graduates Sunkali Budha, Rumba Saut and another student of Mugu. Thapa said &ldquo;The club has arranged accommodation in Kathmandu for the studies of the students.&rdquo;</p>

<p style="text-align: justify;">The club informed that it provided the scholarship to the students after being inspired from a documentary based on the primitive life of Mugu.&nbsp;</p>
',
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			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3947',
			'image' => '20160804121749_lions.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '4113',
			'article_category_id' => '1',
			'title' => 'Century Bank to Issue Right Share from August 21',
			'sub_title' => '',
			'summary' => 'August 4: Century Commercial Bank is preparing to issue 10:3 right shares from August 21. The bank is issuing 8,522,400 units of right shares to its existing',
			'content' => '<p style="text-align: justify;">August 4: Century Commercial Bank is preparing to issue 10:3 right shares from August 21. The bank is issuing 8,522,400 units of right shares to its existing shareholders.&nbsp; The shares which can be purchased at Rs 465 per unit in the secondary market as of August 2 can be purchased at Rs 100 as the right share.</p>

<p style="text-align: justify;">According to the bank, the shareholders registered in the bank&rsquo;s share book by August 2 will have the opportunity to apply for the right shares. The bank informed that interested shareholders can apply for the right shares from its issue manager Civil Capital Market. Meanwhile, the paid-up capital of the bank will reach Rs 3.69 billion after the right share issuance.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3946',
			'image' => '20160804120243_century.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 5 => array(
		'Article' => array(
			'id' => '4112',
			'article_category_id' => '1',
			'title' => 'Lacto Candy in New Packaging with Reduced Price',
			'sub_title' => '',
			'summary' => 'August 4: Sujal Food, a leading confectionery company of Nepal, has recently launched an advertising campaign for its popular product, Lacto Candy. T',
			'content' => '<p style="text-align: justify;">August 4: Sujal Food, a leading confectionery company of Nepal, has recently launched an advertising campaign for its popular product, Lacto Candy. The campaign features energetic kids in the lead role with the theme &ldquo;Lacto Tasty, Dherai Masti&rdquo;. &ldquo;The product that cost Rs 0.5 earlier will now be larger and be available in a new packaging at only Re. 1,&rdquo; informed the company in a press statement.</p>

<p style="text-align: justify;">According to the company, the candy contains essential nutrients like Protein and Carbohydrates. &ldquo;To maintain the essence of the beloved candy, Lacto Candy will be available in a double twisted shiny packaging with a joyful combination of red, blue and yellow,&rdquo; reads the statement.</p>

<p style="text-align: justify;">Currently, the company has been manufacturing international standard Wafers, Toffees, Candies, Bubble gum and Stick gum. Company owns the iconic confectionery brands of Nepal like Chocofun, Sujal gum, Sujal Eclairs, Candyman, Fresho and Lovebirds.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3945',
			'image' => '20160804115037_lacto.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '4111',
			'article_category_id' => '1',
			'title' => 'BOKL to Issue Rs 1 Billion Worth of Right Shares',
			'sub_title' => '',
			'summary' => 'August 4: Bank of Kathmandu Lumbini is planning to issue right shares in a bid to meet paid-up capital of Rs 8 billion as directed by Nepal Rastra Bank (NRB). The bank, shaped after the merger of Bank of Kathmandu (BOK) and Lumbini Bank, has raised the paid-up capital substantially. Thus, BOKL is preparin',
			'content' => '<p style="text-align:justify">August 4: Bank of Kathmandu Lumbini is planning to issue right shares in a bid to meet paid-up capital of Rs 8 billion as directed by Nepal Rastra Bank (NRB). The bank, shaped after the merger of Bank of Kathmandu (BOK) and Lumbini Bank, has raised the paid-up capital substantially. Thus, BOKL is preparing to meet the remaining paid-up capital through internal resources.&nbsp; According to the NRB directive, &lsquo;A&rsquo; listed commercial banks must meet Rs 8 billion paid-up capital cap within the end of current FY.</p>

<p style="text-align:justify">&ldquo;BOKL is preparing to issue right shares in order to meet the remaining paid-up capital after issuing bonus share from the profit of the last FY and the current FY,&rdquo; said Prabin Prakash Chettri, Chief Operation Officer and Spokesperson of the bank. &ldquo;After issuing bonus share from the profit of both banks, we will have Rs 7 billion paid-up capital. The remaining Rs 1 billion paid-up capital will be achieved through issuance of right shares,&rdquo; he added. He also said that a bit of amount will be added to the paid-up capital while adjusting share ratio among the bank promoters.</p>

<p style="text-align:justify">With the end of the last FY, the paid-up capital of the bank has accumulated to Rs 4.97 billion. Earlier, Bank of Kathmandu (BOK) and Lumbini Bank had Rs 2.67 billion and Rs 2.30 billion paid-up capitals respectively. It also contains bonus share distributed by the both banks during the last year.</p>

<p style="text-align:justify">Previously, board of directors (BOD) meeting of BOK had distributed lucrative bonus share to its shareholders to achieve the paid-up capital of Rs 2.67 billion. Similarly, Lumbini Bank had also distributed bonus share to its shareholders to increase paid-up capital from Rs 2 billion to Rs 2.30 billion. The merged banks BOK and Lumbini Bank are in 21st and 18<sup>th</sup> years of operation.&nbsp; &ldquo;The merger is the first of its kind as two of the old banks have merged with each other. The merger of two old banks has generated a single strong commercial bank constructing the base of reliable economy,&rdquo; Chettri said.</p>

<p style="text-align:justify">The bank has aimed of making positive contribution in the country&rsquo;s financial reach with the increased size and risk bearing capacity after merger.&nbsp; BOK and Lumbini Bank had started integrated transaction from July 15. The number of branches of the BOKL has reached 74 after the merger.</p>

<p style="text-align:justify">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3944',
			'image' => '20160804113835_bokl.JPG',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '4110',
			'article_category_id' => '1',
			'title' => 'VISA Holders to get 5% Discount on Groceries in BBSM',
			'sub_title' => '',
			'summary' => 'August 3: A global payments technology company, VISA has announced of providing 5 percent discount on purchase of groceries from Bhat Bhaten',
			'content' => '<p style="text-align: justify;">August 3: A global payments technology company, VISA has announced of providing 5 percent discount on purchase of groceries from Bhat Bhateni Super Market. Issuing a press statement, VISA informed of providing such discount for three months till October 19 from 12 branches of Bhat Bhateni.</p>

<p style="text-align: justify;">&ldquo;Nepal is an important market for VISA and we are committed to provide cashless secure electronic transaction,&rdquo; said T R Ramchandran, South Asia Chief of VISA. VISA and Bhat Bhateni are providing electronic transaction services to its customers since four years. &ldquo;Under the discount scheme, customers will get different experience while transacting through easy, secure and instant VISA card system,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3943',
			'image' => '20160803042544_VISABHAT.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '4109',
			'article_category_id' => '1',
			'title' => 'KCM Organizes Corporate Orientation',
			'sub_title' => '',
			'summary' => 'August 3: Kathmandu College of Management (KCM) has hosted corporate orientation for the incoming batch on  August 2 at Hotel RadissonAnchor, Lazimpat. Padma Jyoti, Chairman of Jyoti Group was the chief guest for the event. Issuing a press statement, it has been informed that the program ',
			'content' => '<p style="text-align: justify;">August 3: Kathmandu College of Management (KCM) has hosted corporate orientation for the incoming batch on &nbsp;August 2 at Hotel Radisson, Lazimpat. Padma Jyoti, Chairman of Jyoti Group was the chief guest for the event. Issuing a press statement, it has been informed that the program was organized with the aim to provide the newly enrolled students an insight of the corporate environment and help them set their own personal goals.</p>

<p style="text-align: justify;">According to the press statement, the first phase of the program comprised Alumni experience sharing session where twenty KCM alumni from various industries interacted with the students on challenges and opportunities they faced during their KCM life and professional career then after. The alumni shared their ideas and experiences in an attempt to provide the students with motivation and direction. In the second phase, panel interaction program was conducted with the guest speakers including Padma Jyoti, Joseph Silvanus, CEO of Standard Chartered Bank, AnandBagaria, Managing Director of NIMBUS Holding and Neeljantha Upreti, Chairman of KCM.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3942',
			'image' => '20160803034401_kcm.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '4108',
			'article_category_id' => '1',
			'title' => 'Crowd Funding Interaction Held in Kathmandu',
			'sub_title' => '',
			'summary' => 'August 3: Nepal Entrepreneurs Hub (NEHUB) has organised a crowd funding discussion program in Kathmandu on August 2.The interactive discussion was ',
			'content' => '<p>August 3: Nepal Entrepreneurs Hub (NEHUB) has organised a crowd funding discussion program in Kathmandu on August 2.The interactive discussion was based on exploring potential and possibilities of crowd funding in Nepal. Hong Sim Kwek Founder of Crowd Funding Asia, Mark Sears Founder of Cloud Factory and Saroj K. Ghimire an advocate for Supreme Court of Nepal were the main speakers in the program .The program was operated by the Suman Shakya, a Co-Founder of Nepal Entrepreneurs Hub.</p>

<p>During the program, the speakers informed that crowd funding is an effective way of raising funds as the entrepreneurs and institutions are searching for various sources of funding in order to implement their plans. &nbsp;</p>

<p>Usually, people collect huge funds from their personal network for establishing their business. Based on this, people also can collect huge funds from global network through the internet. Therefore, the program was focused on possibilities of crowd funding in Nepal. The program also discussed problems and solutions related with implementation of crowd funding in the country. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3941',
			'image' => '20160803013238_croud.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 10 => array(
		'Article' => array(
			'id' => '4107',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Bank Opens Branch in Charikot',
			'sub_title' => '',
			'summary' => 'August 3: Sindhu Bikas Bank has opened its 11th branch in Charikot, the major city of Dolakha. The new branch was inagurated by Rajendra Kumar Shrestha, Chairman of bank amid a program organised on August 2.',
			'content' => '<p style="text-align: justify;">August 3: Sindhu Bikas Bank has opened its 11<sup>th</sup> branch in Charikot, the major city of Dolakha. The new branch was inagurated by Rajendra Kumar Shrestha, Chairman of bank amid a program organised on August 2.</p>

<p style="text-align: justify;">The bank, headquartered in Barhabise, Sindhupalchok has branches in Melamchi, Khadichaur, Mudhe, Sukute, Banepa, Panchkhal, Dolalghat and Bhakundebesi. Currently, the paid-up capital of the bank is Rs 120 million and is preparing to issue the right shares.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3940',
			'image' => '20160803010723_sindhu.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 11 => array(
		'Article' => array(
			'id' => '4106',
			'article_category_id' => '1',
			'title' => 'Prabhu Insurance Enters 21st Year',
			'sub_title' => '',
			'summary' => 'August 3: Prabhu Insurance has entered in 21st year of its establishment. Recently, the company has celebrated its 20th anniversary organising various programs.',
			'content' => '<p style="text-align: justify;">August 3: Prabhu Insurance has entered in 21<sup>st</sup> year of its establishment. Recently, the company has celebrated its 20<sup>th</sup> anniversary organising various programs.</p>

<p style="text-align: justify;">According to Rajendra Malla, Vice-chairman of the company, it has operated its business by opening agricultural branch office in remote areas for expansion of its services. &ldquo;The company will open its branches and sub-branches in upcoming days recognizing feasible locations,&rdquo; he added. &nbsp;Sanchit Bajracharya, CEO of the company said that the insurance sector was badly affected due to the last year&#39;s earthquake, border blockade and Terai unrest. He informed that the company has introduced its online services for the convenience of its customers. Currently, the company is providing its services through 19 branches and sub-branches including it&rsquo;s headquarter.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3939',
			'image' => '20160803010400_prabhu.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '4105',
			'article_category_id' => '1',
			'title' => 'Laxmi Capital as Issue Manager of Mirmire Microfinance',
			'sub_title' => '',
			'summary' => 'August 3: Mirmire Microfinance Development Bank has appointed Laxmi Capital Market as its Issue Manager on August 2. Badri Prasad Dulal, CEO of Mirmire Microfina',
			'content' => '<p style="text-align: justify;">August 3: Mirmire Microfinance Development Bank has appointed Laxmi Capital Market as its Issue Manager on August 2. Badri Prasad Dulal, CEO of Mirmire Microfinance and Rajib Sapkota, CEO of Laxmi Capital have signed on the agreement on this regard. As per the agreement, Laxmi Capital will handle all types of tasks related to share issuance of the microfinance.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3938',
			'image' => '20160803125159_issue.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '4104',
			'article_category_id' => '1',
			'title' => 'NRB Tightens Locker Facility of BFIs',
			'sub_title' => '',
			'summary' => 'August 3: NRB has tightened locker facility provided by banks and financial institutions (BFIs) through Unified Directive 2073. Unified Directive is issued by NRB in a bid to regulate transactions and activities of ‘A’, ‘B’ and ‘C’ list',
			'content' => '<p style="margin-left: 11.25pt; text-align: justify;">August 3: NRB has tightened locker facility provided by banks and financial institutions (BFIs) through Unified Directive 2073. Unified Directive is issued by NRB in a bid to regulate transactions and activities of &lsquo;A&rsquo;, &lsquo;B&rsquo; and &lsquo;C&rsquo; listed BFIs. &ldquo;NRB has tightened the locker facility provided by BFIs to their customers due to increasing trend of misuse of lockers and safe deposit valve,&rdquo; said a NRB source. He added &ldquo;Discovery of ammunitions along with other contrabands has prompted NRB to make such provision.&rdquo;</p>

<p style="margin-left: 11.25pt; text-align: justify;">NRB issues Unified Directive at the start of every FY in order to implement mechanisms formulated in monetary policy. &nbsp;The Unified Directive for the FY 2073/74 is stricter than the previous directives. Unified Directive occasionally contains various matters that are not included in monetary policy due to transparency and security issue. &ldquo;Thus, though the provision related with locker facility was not included in monetary policy, it has been circulated through Unified Directive,&rdquo; said the source.</p>

<p style="margin-left: 11.25pt; text-align: justify;">According to the new mechanism, BFIs must install CCTV camera and alarm system before starting the locker facility. &nbsp;The BFIs have to disseminate the information to government security department and NRB if required. The directive has also made provision for locker insurance based on their sizes. BFIs are required to keep updated information of the customers utilising locker facility.</p>

<p style="margin-left: 11.25pt; text-align: justify;">Moreover, NRB has directed the BFIs to categorise their locker users under four different categories including customers with high risk, medium risk, low risk and politically exposed person (PEP). Similarly, NRB has asked the BFIs to keep a close eye on the bank lockers provided to PEPs.</p>

<p style="margin-left: 11.25pt; text-align: justify;">According to the sources, discovery of ammunitions at the bank locker of CPN (Maoist Center) lawmaker and former state Finance Minister Lharkyal lama of Nepal Investment Bank has incited the related sector of taking precaution from such person.</p>

<p style="margin-left: 11.25pt; text-align: justify;">&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3937',
			'image' => '20160803122503_20160803075807_Clipboard02.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4103',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between NMB Bank and Unique Nepal',
			'sub_title' => '',
			'summary' => 'August 3: NMB Bank has signed a remittance agreement with Unique Nepal. According to the agreement, money sent through the NMB Bank’s  remittance service ( NMB Bank Sulav Re',
			'content' => '<p style="text-align: justify;">August 3: NMB Bank has signed a remittance agreement with Unique Nepal. According to the agreement, money sent through the NMB Bank&rsquo;s&nbsp; remittance service ( NMB Bank Sulav Remit) from within or outside the country can be availed from any of Unique Nepal&rsquo;s branches and vice versa.</p>

<p style="text-align: justify;">&ldquo;Nepalese residing outside Nepal can now easily and conveniently send or receive money to/from all over the country&rdquo; informed the bank in a press statement. Currently, NMB Bank has been providing its services through more than 68 branches, more than 47 ATMs, 8 extension counters and branchless banking &nbsp;services.</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3936',
			'image' => '20160803121353_nmb.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4117',
			'article_category_id' => '1',
			'title' => 'Set Wet to Organise Male Style Event 2073',
			'sub_title' => '',
			'summary' => 'August 4: Set Wet, a popular hair gel and deodorant brand among the male will be organising ‘Set Wet Style Event 2073’ in Nepal. Issuing a press statement,',
			'content' => '<p style="text-align: justify;">August 4: Set Wet, a popular hair gel and deodorant brand among the male will be organising &lsquo;Set Wet Style Event 2073&rsquo; in Nepal. Issuing a press statement, it has been informed that the event will take place in different colleges, malls and hotspots in Nepal and anyone can participate in the event.</p>

<p style="text-align: justify;">According to the organiser, participants will get an opportunity to style their hair by the hair designer of the crew. &ldquo;Participants will be a part of digital contest and the outstanding participant will be announced as &lsquo;Set Wet Style Star 2073&rsquo;,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3950',
			'image' => '20160804012016_set wet.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 1 => array(
		'Article' => array(
			'id' => '4116',
			'article_category_id' => '1',
			'title' => 'Interaction Program between NCCCI and Chinese Trade Delegates Organised',
			'sub_title' => '',
			'summary' => 'August 4: The interaction program between of Nepal-China Chamber of Commerce and Industry and Chengdu Association of Foreign Economic and Trade',
			'content' => '<p style="text-align: justify;">August 4: The interaction program between of Nepal-China Chamber of Commerce and Industry and Chengdu Association of Foreign Economic and Trade Co-operation has been concluded in the valley. The interaction program was conducted between the NCCCI and 16 Chinese trade delegates led by Chen Xiao, General Secretary of the Association regarding economic, trade and investment expansion.</p>

<p style="text-align: justify;">Rajesh Kaji Shrestha, President of NCCCI has requested the visiting Chinese trade delegates to invest in Nepal in the sectors including hydropower, tourism and agriculture. &nbsp;He also urged them to avail the exhibition hall for the exhibition of Nepali handicraft products in upcoming trade fair which will be held in Chengdu.</p>

<p style="text-align: justify;">According to Xiao, Chief of the delegation, the construction of new airport in Chengdu will increase tourist arrival to and from China. He opined that investment and trade will also increase along with the tourists. He said &ldquo;Chinese investors are interested of investing in hydropower, tourism and electronic goods and production sectors.&rdquo; He urged Nepali traders to participate in upcoming trade fair in Chengdu as well.</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3949',
			'image' => '20160804010543_chine.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '4115',
			'article_category_id' => '1',
			'title' => 'United Insurance’s Interaction Program in Bharatpur',
			'sub_title' => '',
			'summary' => 'August 4: United Insurance Company (UIC) has organized a one day interaction program in Bharatpur. Anil Aryal, Senior Manager of the UIC informed about the problems and solutions of the insurance sector in the program. The program also held discussion on documents required while claiming th',
			'content' => '<p style="text-align: justify;">August 4: United Insurance Company (UIC) has organized a one day interaction program in Bharatpur. Anil Aryal, Senior Manager of the UIC informed about the problems and solutions of the insurance sector in the program. The program also held discussion on documents required while claiming the insurance and things to be noticed while purchasing insurance policy.</p>

<p style="text-align: justify;">&ldquo;Banana, fish and livestock farmers of Chitwan has been more benefited with the government decision of giving subsidy in crops and livestock insurance,&rdquo; said Ram Gurung, Narayangadh Branch Head of UIC.</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3948',
			'image' => '20160804123448_uic.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '4114',
			'article_category_id' => '1',
			'title' => 'Lions Club Professional Provides Scholarship',
			'sub_title' => '',
			'summary' => 'August 4: Lions Club of Sidharthanagar Professional, an institute initiated by banking staffs, has provided scholarship to three students of Mugu district. The institute has provided the scholarship of Rs 360,000 to economically weak students for their higher studies amid a program organised in Bhairah',
			'content' => '<p style="text-align: justify;">August 4: Lions Club of Sidharthanagar Professional, an institute initiated by banking staffs, has provided scholarship to three students of Mugu district. The institute has provided the scholarship of Rs 360,000 to economically weak students for their higher studies amid a program organised in Bhairahawa.</p>

<p style="text-align: justify;">&ldquo;The scholarship amount are provided to support the students from remote part of the country for their higher studies,&rdquo; said Amrit Thapa, Bhairahawa Branch Manager of Fewa Bikas Bank and Former Chairman of the club. The club has provided the scholarship to SLC graduates Sunkali Budha, Rumba Saut and another student of Mugu. Thapa said &ldquo;The club has arranged accommodation in Kathmandu for the studies of the students.&rdquo;</p>

<p style="text-align: justify;">The club informed that it provided the scholarship to the students after being inspired from a documentary based on the primitive life of Mugu.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3947',
			'image' => '20160804121749_lions.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '4113',
			'article_category_id' => '1',
			'title' => 'Century Bank to Issue Right Share from August 21',
			'sub_title' => '',
			'summary' => 'August 4: Century Commercial Bank is preparing to issue 10:3 right shares from August 21. The bank is issuing 8,522,400 units of right shares to its existing',
			'content' => '<p style="text-align: justify;">August 4: Century Commercial Bank is preparing to issue 10:3 right shares from August 21. The bank is issuing 8,522,400 units of right shares to its existing shareholders.&nbsp; The shares which can be purchased at Rs 465 per unit in the secondary market as of August 2 can be purchased at Rs 100 as the right share.</p>

<p style="text-align: justify;">According to the bank, the shareholders registered in the bank&rsquo;s share book by August 2 will have the opportunity to apply for the right shares. The bank informed that interested shareholders can apply for the right shares from its issue manager Civil Capital Market. Meanwhile, the paid-up capital of the bank will reach Rs 3.69 billion after the right share issuance.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3946',
			'image' => '20160804120243_century.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '4112',
			'article_category_id' => '1',
			'title' => 'Lacto Candy in New Packaging with Reduced Price',
			'sub_title' => '',
			'summary' => 'August 4: Sujal Food, a leading confectionery company of Nepal, has recently launched an advertising campaign for its popular product, Lacto Candy. T',
			'content' => '<p style="text-align: justify;">August 4: Sujal Food, a leading confectionery company of Nepal, has recently launched an advertising campaign for its popular product, Lacto Candy. The campaign features energetic kids in the lead role with the theme &ldquo;Lacto Tasty, Dherai Masti&rdquo;. &ldquo;The product that cost Rs 0.5 earlier will now be larger and be available in a new packaging at only Re. 1,&rdquo; informed the company in a press statement.</p>

<p style="text-align: justify;">According to the company, the candy contains essential nutrients like Protein and Carbohydrates. &ldquo;To maintain the essence of the beloved candy, Lacto Candy will be available in a double twisted shiny packaging with a joyful combination of red, blue and yellow,&rdquo; reads the statement.</p>

<p style="text-align: justify;">Currently, the company has been manufacturing international standard Wafers, Toffees, Candies, Bubble gum and Stick gum. Company owns the iconic confectionery brands of Nepal like Chocofun, Sujal gum, Sujal Eclairs, Candyman, Fresho and Lovebirds.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3945',
			'image' => '20160804115037_lacto.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4111',
			'article_category_id' => '1',
			'title' => 'BOKL to Issue Rs 1 Billion Worth of Right Shares',
			'sub_title' => '',
			'summary' => 'August 4: Bank of Kathmandu Lumbini is planning to issue right shares in a bid to meet paid-up capital of Rs 8 billion as directed by Nepal Rastra Bank (NRB). The bank, shaped after the merger of Bank of Kathmandu (BOK) and Lumbini Bank, has raised the paid-up capital substantially. Thus, BOKL is preparin',
			'content' => '<p style="text-align:justify">August 4: Bank of Kathmandu Lumbini is planning to issue right shares in a bid to meet paid-up capital of Rs 8 billion as directed by Nepal Rastra Bank (NRB). The bank, shaped after the merger of Bank of Kathmandu (BOK) and Lumbini Bank, has raised the paid-up capital substantially. Thus, BOKL is preparing to meet the remaining paid-up capital through internal resources.&nbsp; According to the NRB directive, &lsquo;A&rsquo; listed commercial banks must meet Rs 8 billion paid-up capital cap within the end of current FY.</p>

<p style="text-align:justify">&ldquo;BOKL is preparing to issue right shares in order to meet the remaining paid-up capital after issuing bonus share from the profit of the last FY and the current FY,&rdquo; said Prabin Prakash Chettri, Chief Operation Officer and Spokesperson of the bank. &ldquo;After issuing bonus share from the profit of both banks, we will have Rs 7 billion paid-up capital. The remaining Rs 1 billion paid-up capital will be achieved through issuance of right shares,&rdquo; he added. He also said that a bit of amount will be added to the paid-up capital while adjusting share ratio among the bank promoters.</p>

<p style="text-align:justify">With the end of the last FY, the paid-up capital of the bank has accumulated to Rs 4.97 billion. Earlier, Bank of Kathmandu (BOK) and Lumbini Bank had Rs 2.67 billion and Rs 2.30 billion paid-up capitals respectively. It also contains bonus share distributed by the both banks during the last year.</p>

<p style="text-align:justify">Previously, board of directors (BOD) meeting of BOK had distributed lucrative bonus share to its shareholders to achieve the paid-up capital of Rs 2.67 billion. Similarly, Lumbini Bank had also distributed bonus share to its shareholders to increase paid-up capital from Rs 2 billion to Rs 2.30 billion. The merged banks BOK and Lumbini Bank are in 21st and 18<sup>th</sup> years of operation.&nbsp; &ldquo;The merger is the first of its kind as two of the old banks have merged with each other. The merger of two old banks has generated a single strong commercial bank constructing the base of reliable economy,&rdquo; Chettri said.</p>

<p style="text-align:justify">The bank has aimed of making positive contribution in the country&rsquo;s financial reach with the increased size and risk bearing capacity after merger.&nbsp; BOK and Lumbini Bank had started integrated transaction from July 15. The number of branches of the BOKL has reached 74 after the merger.</p>

<p style="text-align:justify">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3944',
			'image' => '20160804113835_bokl.JPG',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '4110',
			'article_category_id' => '1',
			'title' => 'VISA Holders to get 5% Discount on Groceries in BBSM',
			'sub_title' => '',
			'summary' => 'August 3: A global payments technology company, VISA has announced of providing 5 percent discount on purchase of groceries from Bhat Bhaten',
			'content' => '<p style="text-align: justify;">August 3: A global payments technology company, VISA has announced of providing 5 percent discount on purchase of groceries from Bhat Bhateni Super Market. Issuing a press statement, VISA informed of providing such discount for three months till October 19 from 12 branches of Bhat Bhateni.</p>

<p style="text-align: justify;">&ldquo;Nepal is an important market for VISA and we are committed to provide cashless secure electronic transaction,&rdquo; said T R Ramchandran, South Asia Chief of VISA. VISA and Bhat Bhateni are providing electronic transaction services to its customers since four years. &ldquo;Under the discount scheme, customers will get different experience while transacting through easy, secure and instant VISA card system,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3943',
			'image' => '20160803042544_VISABHAT.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4109',
			'article_category_id' => '1',
			'title' => 'KCM Organizes Corporate Orientation',
			'sub_title' => '',
			'summary' => 'August 3: Kathmandu College of Management (KCM) has hosted corporate orientation for the incoming batch on  August 2 at Hotel RadissonAnchor, Lazimpat. Padma Jyoti, Chairman of Jyoti Group was the chief guest for the event. Issuing a press statement, it has been informed that the program ',
			'content' => '<p style="text-align: justify;">August 3: Kathmandu College of Management (KCM) has hosted corporate orientation for the incoming batch on &nbsp;August 2 at Hotel Radisson, Lazimpat. Padma Jyoti, Chairman of Jyoti Group was the chief guest for the event. Issuing a press statement, it has been informed that the program was organized with the aim to provide the newly enrolled students an insight of the corporate environment and help them set their own personal goals.</p>

<p style="text-align: justify;">According to the press statement, the first phase of the program comprised Alumni experience sharing session where twenty KCM alumni from various industries interacted with the students on challenges and opportunities they faced during their KCM life and professional career then after. The alumni shared their ideas and experiences in an attempt to provide the students with motivation and direction. In the second phase, panel interaction program was conducted with the guest speakers including Padma Jyoti, Joseph Silvanus, CEO of Standard Chartered Bank, AnandBagaria, Managing Director of NIMBUS Holding and Neeljantha Upreti, Chairman of KCM.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3942',
			'image' => '20160803034401_kcm.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '4108',
			'article_category_id' => '1',
			'title' => 'Crowd Funding Interaction Held in Kathmandu',
			'sub_title' => '',
			'summary' => 'August 3: Nepal Entrepreneurs Hub (NEHUB) has organised a crowd funding discussion program in Kathmandu on August 2.The interactive discussion was ',
			'content' => '<p>August 3: Nepal Entrepreneurs Hub (NEHUB) has organised a crowd funding discussion program in Kathmandu on August 2.The interactive discussion was based on exploring potential and possibilities of crowd funding in Nepal. Hong Sim Kwek Founder of Crowd Funding Asia, Mark Sears Founder of Cloud Factory and Saroj K. Ghimire an advocate for Supreme Court of Nepal were the main speakers in the program .The program was operated by the Suman Shakya, a Co-Founder of Nepal Entrepreneurs Hub.</p>

<p>During the program, the speakers informed that crowd funding is an effective way of raising funds as the entrepreneurs and institutions are searching for various sources of funding in order to implement their plans. &nbsp;</p>

<p>Usually, people collect huge funds from their personal network for establishing their business. Based on this, people also can collect huge funds from global network through the internet. Therefore, the program was focused on possibilities of crowd funding in Nepal. The program also discussed problems and solutions related with implementation of crowd funding in the country. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3941',
			'image' => '20160803013238_croud.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 10 => array(
		'Article' => array(
			'id' => '4107',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Bank Opens Branch in Charikot',
			'sub_title' => '',
			'summary' => 'August 3: Sindhu Bikas Bank has opened its 11th branch in Charikot, the major city of Dolakha. The new branch was inagurated by Rajendra Kumar Shrestha, Chairman of bank amid a program organised on August 2.',
			'content' => '<p style="text-align: justify;">August 3: Sindhu Bikas Bank has opened its 11<sup>th</sup> branch in Charikot, the major city of Dolakha. The new branch was inagurated by Rajendra Kumar Shrestha, Chairman of bank amid a program organised on August 2.</p>

<p style="text-align: justify;">The bank, headquartered in Barhabise, Sindhupalchok has branches in Melamchi, Khadichaur, Mudhe, Sukute, Banepa, Panchkhal, Dolalghat and Bhakundebesi. Currently, the paid-up capital of the bank is Rs 120 million and is preparing to issue the right shares.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3940',
			'image' => '20160803010723_sindhu.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '4106',
			'article_category_id' => '1',
			'title' => 'Prabhu Insurance Enters 21st Year',
			'sub_title' => '',
			'summary' => 'August 3: Prabhu Insurance has entered in 21st year of its establishment. Recently, the company has celebrated its 20th anniversary organising various programs.',
			'content' => '<p style="text-align: justify;">August 3: Prabhu Insurance has entered in 21<sup>st</sup> year of its establishment. Recently, the company has celebrated its 20<sup>th</sup> anniversary organising various programs.</p>

<p style="text-align: justify;">According to Rajendra Malla, Vice-chairman of the company, it has operated its business by opening agricultural branch office in remote areas for expansion of its services. &ldquo;The company will open its branches and sub-branches in upcoming days recognizing feasible locations,&rdquo; he added. &nbsp;Sanchit Bajracharya, CEO of the company said that the insurance sector was badly affected due to the last year&#39;s earthquake, border blockade and Terai unrest. He informed that the company has introduced its online services for the convenience of its customers. Currently, the company is providing its services through 19 branches and sub-branches including it&rsquo;s headquarter.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3939',
			'image' => '20160803010400_prabhu.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 12 => array(
		'Article' => array(
			'id' => '4105',
			'article_category_id' => '1',
			'title' => 'Laxmi Capital as Issue Manager of Mirmire Microfinance',
			'sub_title' => '',
			'summary' => 'August 3: Mirmire Microfinance Development Bank has appointed Laxmi Capital Market as its Issue Manager on August 2. Badri Prasad Dulal, CEO of Mirmire Microfina',
			'content' => '<p style="text-align: justify;">August 3: Mirmire Microfinance Development Bank has appointed Laxmi Capital Market as its Issue Manager on August 2. Badri Prasad Dulal, CEO of Mirmire Microfinance and Rajib Sapkota, CEO of Laxmi Capital have signed on the agreement on this regard. As per the agreement, Laxmi Capital will handle all types of tasks related to share issuance of the microfinance.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3938',
			'image' => '20160803125159_issue.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 13 => array(
		'Article' => array(
			'id' => '4104',
			'article_category_id' => '1',
			'title' => 'NRB Tightens Locker Facility of BFIs',
			'sub_title' => '',
			'summary' => 'August 3: NRB has tightened locker facility provided by banks and financial institutions (BFIs) through Unified Directive 2073. Unified Directive is issued by NRB in a bid to regulate transactions and activities of ‘A’, ‘B’ and ‘C’ list',
			'content' => '<p style="margin-left: 11.25pt; text-align: justify;">August 3: NRB has tightened locker facility provided by banks and financial institutions (BFIs) through Unified Directive 2073. Unified Directive is issued by NRB in a bid to regulate transactions and activities of &lsquo;A&rsquo;, &lsquo;B&rsquo; and &lsquo;C&rsquo; listed BFIs. &ldquo;NRB has tightened the locker facility provided by BFIs to their customers due to increasing trend of misuse of lockers and safe deposit valve,&rdquo; said a NRB source. He added &ldquo;Discovery of ammunitions along with other contrabands has prompted NRB to make such provision.&rdquo;</p>

<p style="margin-left: 11.25pt; text-align: justify;">NRB issues Unified Directive at the start of every FY in order to implement mechanisms formulated in monetary policy. &nbsp;The Unified Directive for the FY 2073/74 is stricter than the previous directives. Unified Directive occasionally contains various matters that are not included in monetary policy due to transparency and security issue. &ldquo;Thus, though the provision related with locker facility was not included in monetary policy, it has been circulated through Unified Directive,&rdquo; said the source.</p>

<p style="margin-left: 11.25pt; text-align: justify;">According to the new mechanism, BFIs must install CCTV camera and alarm system before starting the locker facility. &nbsp;The BFIs have to disseminate the information to government security department and NRB if required. The directive has also made provision for locker insurance based on their sizes. BFIs are required to keep updated information of the customers utilising locker facility.</p>

<p style="margin-left: 11.25pt; text-align: justify;">Moreover, NRB has directed the BFIs to categorise their locker users under four different categories including customers with high risk, medium risk, low risk and politically exposed person (PEP). Similarly, NRB has asked the BFIs to keep a close eye on the bank lockers provided to PEPs.</p>

<p style="margin-left: 11.25pt; text-align: justify;">According to the sources, discovery of ammunitions at the bank locker of CPN (Maoist Center) lawmaker and former state Finance Minister Lharkyal lama of Nepal Investment Bank has incited the related sector of taking precaution from such person.</p>

<p style="margin-left: 11.25pt; text-align: justify;">&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3937',
			'image' => '20160803122503_20160803075807_Clipboard02.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4103',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between NMB Bank and Unique Nepal',
			'sub_title' => '',
			'summary' => 'August 3: NMB Bank has signed a remittance agreement with Unique Nepal. According to the agreement, money sent through the NMB Bank’s  remittance service ( NMB Bank Sulav Re',
			'content' => '<p style="text-align: justify;">August 3: NMB Bank has signed a remittance agreement with Unique Nepal. According to the agreement, money sent through the NMB Bank&rsquo;s&nbsp; remittance service ( NMB Bank Sulav Remit) from within or outside the country can be availed from any of Unique Nepal&rsquo;s branches and vice versa.</p>

<p style="text-align: justify;">&ldquo;Nepalese residing outside Nepal can now easily and conveniently send or receive money to/from all over the country&rdquo; informed the bank in a press statement. Currently, NMB Bank has been providing its services through more than 68 branches, more than 47 ATMs, 8 extension counters and branchless banking &nbsp;services.</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3936',
			'image' => '20160803121353_nmb.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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)
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4117',
			'article_category_id' => '1',
			'title' => 'Set Wet to Organise Male Style Event 2073',
			'sub_title' => '',
			'summary' => 'August 4: Set Wet, a popular hair gel and deodorant brand among the male will be organising ‘Set Wet Style Event 2073’ in Nepal. Issuing a press statement,',
			'content' => '<p style="text-align: justify;">August 4: Set Wet, a popular hair gel and deodorant brand among the male will be organising &lsquo;Set Wet Style Event 2073&rsquo; in Nepal. Issuing a press statement, it has been informed that the event will take place in different colleges, malls and hotspots in Nepal and anyone can participate in the event.</p>

<p style="text-align: justify;">According to the organiser, participants will get an opportunity to style their hair by the hair designer of the crew. &ldquo;Participants will be a part of digital contest and the outstanding participant will be announced as &lsquo;Set Wet Style Star 2073&rsquo;,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3950',
			'image' => '20160804012016_set wet.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '4116',
			'article_category_id' => '1',
			'title' => 'Interaction Program between NCCCI and Chinese Trade Delegates Organised',
			'sub_title' => '',
			'summary' => 'August 4: The interaction program between of Nepal-China Chamber of Commerce and Industry and Chengdu Association of Foreign Economic and Trade',
			'content' => '<p style="text-align: justify;">August 4: The interaction program between of Nepal-China Chamber of Commerce and Industry and Chengdu Association of Foreign Economic and Trade Co-operation has been concluded in the valley. The interaction program was conducted between the NCCCI and 16 Chinese trade delegates led by Chen Xiao, General Secretary of the Association regarding economic, trade and investment expansion.</p>

<p style="text-align: justify;">Rajesh Kaji Shrestha, President of NCCCI has requested the visiting Chinese trade delegates to invest in Nepal in the sectors including hydropower, tourism and agriculture. &nbsp;He also urged them to avail the exhibition hall for the exhibition of Nepali handicraft products in upcoming trade fair which will be held in Chengdu.</p>

<p style="text-align: justify;">According to Xiao, Chief of the delegation, the construction of new airport in Chengdu will increase tourist arrival to and from China. He opined that investment and trade will also increase along with the tourists. He said &ldquo;Chinese investors are interested of investing in hydropower, tourism and electronic goods and production sectors.&rdquo; He urged Nepali traders to participate in upcoming trade fair in Chengdu as well.</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3949',
			'image' => '20160804010543_chine.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 2 => array(
		'Article' => array(
			'id' => '4115',
			'article_category_id' => '1',
			'title' => 'United Insurance’s Interaction Program in Bharatpur',
			'sub_title' => '',
			'summary' => 'August 4: United Insurance Company (UIC) has organized a one day interaction program in Bharatpur. Anil Aryal, Senior Manager of the UIC informed about the problems and solutions of the insurance sector in the program. The program also held discussion on documents required while claiming th',
			'content' => '<p style="text-align: justify;">August 4: United Insurance Company (UIC) has organized a one day interaction program in Bharatpur. Anil Aryal, Senior Manager of the UIC informed about the problems and solutions of the insurance sector in the program. The program also held discussion on documents required while claiming the insurance and things to be noticed while purchasing insurance policy.</p>

<p style="text-align: justify;">&ldquo;Banana, fish and livestock farmers of Chitwan has been more benefited with the government decision of giving subsidy in crops and livestock insurance,&rdquo; said Ram Gurung, Narayangadh Branch Head of UIC.</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3948',
			'image' => '20160804123448_uic.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '4114',
			'article_category_id' => '1',
			'title' => 'Lions Club Professional Provides Scholarship',
			'sub_title' => '',
			'summary' => 'August 4: Lions Club of Sidharthanagar Professional, an institute initiated by banking staffs, has provided scholarship to three students of Mugu district. The institute has provided the scholarship of Rs 360,000 to economically weak students for their higher studies amid a program organised in Bhairah',
			'content' => '<p style="text-align: justify;">August 4: Lions Club of Sidharthanagar Professional, an institute initiated by banking staffs, has provided scholarship to three students of Mugu district. The institute has provided the scholarship of Rs 360,000 to economically weak students for their higher studies amid a program organised in Bhairahawa.</p>

<p style="text-align: justify;">&ldquo;The scholarship amount are provided to support the students from remote part of the country for their higher studies,&rdquo; said Amrit Thapa, Bhairahawa Branch Manager of Fewa Bikas Bank and Former Chairman of the club. The club has provided the scholarship to SLC graduates Sunkali Budha, Rumba Saut and another student of Mugu. Thapa said &ldquo;The club has arranged accommodation in Kathmandu for the studies of the students.&rdquo;</p>

<p style="text-align: justify;">The club informed that it provided the scholarship to the students after being inspired from a documentary based on the primitive life of Mugu.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3947',
			'image' => '20160804121749_lions.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '4113',
			'article_category_id' => '1',
			'title' => 'Century Bank to Issue Right Share from August 21',
			'sub_title' => '',
			'summary' => 'August 4: Century Commercial Bank is preparing to issue 10:3 right shares from August 21. The bank is issuing 8,522,400 units of right shares to its existing',
			'content' => '<p style="text-align: justify;">August 4: Century Commercial Bank is preparing to issue 10:3 right shares from August 21. The bank is issuing 8,522,400 units of right shares to its existing shareholders.&nbsp; The shares which can be purchased at Rs 465 per unit in the secondary market as of August 2 can be purchased at Rs 100 as the right share.</p>

<p style="text-align: justify;">According to the bank, the shareholders registered in the bank&rsquo;s share book by August 2 will have the opportunity to apply for the right shares. The bank informed that interested shareholders can apply for the right shares from its issue manager Civil Capital Market. Meanwhile, the paid-up capital of the bank will reach Rs 3.69 billion after the right share issuance.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3946',
			'image' => '20160804120243_century.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 5 => array(
		'Article' => array(
			'id' => '4112',
			'article_category_id' => '1',
			'title' => 'Lacto Candy in New Packaging with Reduced Price',
			'sub_title' => '',
			'summary' => 'August 4: Sujal Food, a leading confectionery company of Nepal, has recently launched an advertising campaign for its popular product, Lacto Candy. T',
			'content' => '<p style="text-align: justify;">August 4: Sujal Food, a leading confectionery company of Nepal, has recently launched an advertising campaign for its popular product, Lacto Candy. The campaign features energetic kids in the lead role with the theme &ldquo;Lacto Tasty, Dherai Masti&rdquo;. &ldquo;The product that cost Rs 0.5 earlier will now be larger and be available in a new packaging at only Re. 1,&rdquo; informed the company in a press statement.</p>

<p style="text-align: justify;">According to the company, the candy contains essential nutrients like Protein and Carbohydrates. &ldquo;To maintain the essence of the beloved candy, Lacto Candy will be available in a double twisted shiny packaging with a joyful combination of red, blue and yellow,&rdquo; reads the statement.</p>

<p style="text-align: justify;">Currently, the company has been manufacturing international standard Wafers, Toffees, Candies, Bubble gum and Stick gum. Company owns the iconic confectionery brands of Nepal like Chocofun, Sujal gum, Sujal Eclairs, Candyman, Fresho and Lovebirds.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3945',
			'image' => '20160804115037_lacto.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4111',
			'article_category_id' => '1',
			'title' => 'BOKL to Issue Rs 1 Billion Worth of Right Shares',
			'sub_title' => '',
			'summary' => 'August 4: Bank of Kathmandu Lumbini is planning to issue right shares in a bid to meet paid-up capital of Rs 8 billion as directed by Nepal Rastra Bank (NRB). The bank, shaped after the merger of Bank of Kathmandu (BOK) and Lumbini Bank, has raised the paid-up capital substantially. Thus, BOKL is preparin',
			'content' => '<p style="text-align:justify">August 4: Bank of Kathmandu Lumbini is planning to issue right shares in a bid to meet paid-up capital of Rs 8 billion as directed by Nepal Rastra Bank (NRB). The bank, shaped after the merger of Bank of Kathmandu (BOK) and Lumbini Bank, has raised the paid-up capital substantially. Thus, BOKL is preparing to meet the remaining paid-up capital through internal resources.&nbsp; According to the NRB directive, &lsquo;A&rsquo; listed commercial banks must meet Rs 8 billion paid-up capital cap within the end of current FY.</p>

<p style="text-align:justify">&ldquo;BOKL is preparing to issue right shares in order to meet the remaining paid-up capital after issuing bonus share from the profit of the last FY and the current FY,&rdquo; said Prabin Prakash Chettri, Chief Operation Officer and Spokesperson of the bank. &ldquo;After issuing bonus share from the profit of both banks, we will have Rs 7 billion paid-up capital. The remaining Rs 1 billion paid-up capital will be achieved through issuance of right shares,&rdquo; he added. He also said that a bit of amount will be added to the paid-up capital while adjusting share ratio among the bank promoters.</p>

<p style="text-align:justify">With the end of the last FY, the paid-up capital of the bank has accumulated to Rs 4.97 billion. Earlier, Bank of Kathmandu (BOK) and Lumbini Bank had Rs 2.67 billion and Rs 2.30 billion paid-up capitals respectively. It also contains bonus share distributed by the both banks during the last year.</p>

<p style="text-align:justify">Previously, board of directors (BOD) meeting of BOK had distributed lucrative bonus share to its shareholders to achieve the paid-up capital of Rs 2.67 billion. Similarly, Lumbini Bank had also distributed bonus share to its shareholders to increase paid-up capital from Rs 2 billion to Rs 2.30 billion. The merged banks BOK and Lumbini Bank are in 21st and 18<sup>th</sup> years of operation.&nbsp; &ldquo;The merger is the first of its kind as two of the old banks have merged with each other. The merger of two old banks has generated a single strong commercial bank constructing the base of reliable economy,&rdquo; Chettri said.</p>

<p style="text-align:justify">The bank has aimed of making positive contribution in the country&rsquo;s financial reach with the increased size and risk bearing capacity after merger.&nbsp; BOK and Lumbini Bank had started integrated transaction from July 15. The number of branches of the BOKL has reached 74 after the merger.</p>

<p style="text-align:justify">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3944',
			'image' => '20160804113835_bokl.JPG',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4110',
			'article_category_id' => '1',
			'title' => 'VISA Holders to get 5% Discount on Groceries in BBSM',
			'sub_title' => '',
			'summary' => 'August 3: A global payments technology company, VISA has announced of providing 5 percent discount on purchase of groceries from Bhat Bhaten',
			'content' => '<p style="text-align: justify;">August 3: A global payments technology company, VISA has announced of providing 5 percent discount on purchase of groceries from Bhat Bhateni Super Market. Issuing a press statement, VISA informed of providing such discount for three months till October 19 from 12 branches of Bhat Bhateni.</p>

<p style="text-align: justify;">&ldquo;Nepal is an important market for VISA and we are committed to provide cashless secure electronic transaction,&rdquo; said T R Ramchandran, South Asia Chief of VISA. VISA and Bhat Bhateni are providing electronic transaction services to its customers since four years. &ldquo;Under the discount scheme, customers will get different experience while transacting through easy, secure and instant VISA card system,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3943',
			'image' => '20160803042544_VISABHAT.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4109',
			'article_category_id' => '1',
			'title' => 'KCM Organizes Corporate Orientation',
			'sub_title' => '',
			'summary' => 'August 3: Kathmandu College of Management (KCM) has hosted corporate orientation for the incoming batch on  August 2 at Hotel RadissonAnchor, Lazimpat. Padma Jyoti, Chairman of Jyoti Group was the chief guest for the event. Issuing a press statement, it has been informed that the program ',
			'content' => '<p style="text-align: justify;">August 3: Kathmandu College of Management (KCM) has hosted corporate orientation for the incoming batch on &nbsp;August 2 at Hotel Radisson, Lazimpat. Padma Jyoti, Chairman of Jyoti Group was the chief guest for the event. Issuing a press statement, it has been informed that the program was organized with the aim to provide the newly enrolled students an insight of the corporate environment and help them set their own personal goals.</p>

<p style="text-align: justify;">According to the press statement, the first phase of the program comprised Alumni experience sharing session where twenty KCM alumni from various industries interacted with the students on challenges and opportunities they faced during their KCM life and professional career then after. The alumni shared their ideas and experiences in an attempt to provide the students with motivation and direction. In the second phase, panel interaction program was conducted with the guest speakers including Padma Jyoti, Joseph Silvanus, CEO of Standard Chartered Bank, AnandBagaria, Managing Director of NIMBUS Holding and Neeljantha Upreti, Chairman of KCM.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3942',
			'image' => '20160803034401_kcm.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '4108',
			'article_category_id' => '1',
			'title' => 'Crowd Funding Interaction Held in Kathmandu',
			'sub_title' => '',
			'summary' => 'August 3: Nepal Entrepreneurs Hub (NEHUB) has organised a crowd funding discussion program in Kathmandu on August 2.The interactive discussion was ',
			'content' => '<p>August 3: Nepal Entrepreneurs Hub (NEHUB) has organised a crowd funding discussion program in Kathmandu on August 2.The interactive discussion was based on exploring potential and possibilities of crowd funding in Nepal. Hong Sim Kwek Founder of Crowd Funding Asia, Mark Sears Founder of Cloud Factory and Saroj K. Ghimire an advocate for Supreme Court of Nepal were the main speakers in the program .The program was operated by the Suman Shakya, a Co-Founder of Nepal Entrepreneurs Hub.</p>

<p>During the program, the speakers informed that crowd funding is an effective way of raising funds as the entrepreneurs and institutions are searching for various sources of funding in order to implement their plans. &nbsp;</p>

<p>Usually, people collect huge funds from their personal network for establishing their business. Based on this, people also can collect huge funds from global network through the internet. Therefore, the program was focused on possibilities of crowd funding in Nepal. The program also discussed problems and solutions related with implementation of crowd funding in the country. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3941',
			'image' => '20160803013238_croud.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4107',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Bank Opens Branch in Charikot',
			'sub_title' => '',
			'summary' => 'August 3: Sindhu Bikas Bank has opened its 11th branch in Charikot, the major city of Dolakha. The new branch was inagurated by Rajendra Kumar Shrestha, Chairman of bank amid a program organised on August 2.',
			'content' => '<p style="text-align: justify;">August 3: Sindhu Bikas Bank has opened its 11<sup>th</sup> branch in Charikot, the major city of Dolakha. The new branch was inagurated by Rajendra Kumar Shrestha, Chairman of bank amid a program organised on August 2.</p>

<p style="text-align: justify;">The bank, headquartered in Barhabise, Sindhupalchok has branches in Melamchi, Khadichaur, Mudhe, Sukute, Banepa, Panchkhal, Dolalghat and Bhakundebesi. Currently, the paid-up capital of the bank is Rs 120 million and is preparing to issue the right shares.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3940',
			'image' => '20160803010723_sindhu.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '4106',
			'article_category_id' => '1',
			'title' => 'Prabhu Insurance Enters 21st Year',
			'sub_title' => '',
			'summary' => 'August 3: Prabhu Insurance has entered in 21st year of its establishment. Recently, the company has celebrated its 20th anniversary organising various programs.',
			'content' => '<p style="text-align: justify;">August 3: Prabhu Insurance has entered in 21<sup>st</sup> year of its establishment. Recently, the company has celebrated its 20<sup>th</sup> anniversary organising various programs.</p>

<p style="text-align: justify;">According to Rajendra Malla, Vice-chairman of the company, it has operated its business by opening agricultural branch office in remote areas for expansion of its services. &ldquo;The company will open its branches and sub-branches in upcoming days recognizing feasible locations,&rdquo; he added. &nbsp;Sanchit Bajracharya, CEO of the company said that the insurance sector was badly affected due to the last year&#39;s earthquake, border blockade and Terai unrest. He informed that the company has introduced its online services for the convenience of its customers. Currently, the company is providing its services through 19 branches and sub-branches including it&rsquo;s headquarter.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3939',
			'image' => '20160803010400_prabhu.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '4105',
			'article_category_id' => '1',
			'title' => 'Laxmi Capital as Issue Manager of Mirmire Microfinance',
			'sub_title' => '',
			'summary' => 'August 3: Mirmire Microfinance Development Bank has appointed Laxmi Capital Market as its Issue Manager on August 2. Badri Prasad Dulal, CEO of Mirmire Microfina',
			'content' => '<p style="text-align: justify;">August 3: Mirmire Microfinance Development Bank has appointed Laxmi Capital Market as its Issue Manager on August 2. Badri Prasad Dulal, CEO of Mirmire Microfinance and Rajib Sapkota, CEO of Laxmi Capital have signed on the agreement on this regard. As per the agreement, Laxmi Capital will handle all types of tasks related to share issuance of the microfinance.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3938',
			'image' => '20160803125159_issue.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '4104',
			'article_category_id' => '1',
			'title' => 'NRB Tightens Locker Facility of BFIs',
			'sub_title' => '',
			'summary' => 'August 3: NRB has tightened locker facility provided by banks and financial institutions (BFIs) through Unified Directive 2073. Unified Directive is issued by NRB in a bid to regulate transactions and activities of ‘A’, ‘B’ and ‘C’ list',
			'content' => '<p style="margin-left: 11.25pt; text-align: justify;">August 3: NRB has tightened locker facility provided by banks and financial institutions (BFIs) through Unified Directive 2073. Unified Directive is issued by NRB in a bid to regulate transactions and activities of &lsquo;A&rsquo;, &lsquo;B&rsquo; and &lsquo;C&rsquo; listed BFIs. &ldquo;NRB has tightened the locker facility provided by BFIs to their customers due to increasing trend of misuse of lockers and safe deposit valve,&rdquo; said a NRB source. He added &ldquo;Discovery of ammunitions along with other contrabands has prompted NRB to make such provision.&rdquo;</p>

<p style="margin-left: 11.25pt; text-align: justify;">NRB issues Unified Directive at the start of every FY in order to implement mechanisms formulated in monetary policy. &nbsp;The Unified Directive for the FY 2073/74 is stricter than the previous directives. Unified Directive occasionally contains various matters that are not included in monetary policy due to transparency and security issue. &ldquo;Thus, though the provision related with locker facility was not included in monetary policy, it has been circulated through Unified Directive,&rdquo; said the source.</p>

<p style="margin-left: 11.25pt; text-align: justify;">According to the new mechanism, BFIs must install CCTV camera and alarm system before starting the locker facility. &nbsp;The BFIs have to disseminate the information to government security department and NRB if required. The directive has also made provision for locker insurance based on their sizes. BFIs are required to keep updated information of the customers utilising locker facility.</p>

<p style="margin-left: 11.25pt; text-align: justify;">Moreover, NRB has directed the BFIs to categorise their locker users under four different categories including customers with high risk, medium risk, low risk and politically exposed person (PEP). Similarly, NRB has asked the BFIs to keep a close eye on the bank lockers provided to PEPs.</p>

<p style="margin-left: 11.25pt; text-align: justify;">According to the sources, discovery of ammunitions at the bank locker of CPN (Maoist Center) lawmaker and former state Finance Minister Lharkyal lama of Nepal Investment Bank has incited the related sector of taking precaution from such person.</p>

<p style="margin-left: 11.25pt; text-align: justify;">&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3937',
			'image' => '20160803122503_20160803075807_Clipboard02.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '4103',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between NMB Bank and Unique Nepal',
			'sub_title' => '',
			'summary' => 'August 3: NMB Bank has signed a remittance agreement with Unique Nepal. According to the agreement, money sent through the NMB Bank’s  remittance service ( NMB Bank Sulav Re',
			'content' => '<p style="text-align: justify;">August 3: NMB Bank has signed a remittance agreement with Unique Nepal. According to the agreement, money sent through the NMB Bank&rsquo;s&nbsp; remittance service ( NMB Bank Sulav Remit) from within or outside the country can be availed from any of Unique Nepal&rsquo;s branches and vice versa.</p>

<p style="text-align: justify;">&ldquo;Nepalese residing outside Nepal can now easily and conveniently send or receive money to/from all over the country&rdquo; informed the bank in a press statement. Currently, NMB Bank has been providing its services through more than 68 branches, more than 47 ATMs, 8 extension counters and branchless banking &nbsp;services.</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3936',
			'image' => '20160803121353_nmb.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
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$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '4117',
			'article_category_id' => '1',
			'title' => 'Set Wet to Organise Male Style Event 2073',
			'sub_title' => '',
			'summary' => 'August 4: Set Wet, a popular hair gel and deodorant brand among the male will be organising ‘Set Wet Style Event 2073’ in Nepal. Issuing a press statement,',
			'content' => '<p style="text-align: justify;">August 4: Set Wet, a popular hair gel and deodorant brand among the male will be organising &lsquo;Set Wet Style Event 2073&rsquo; in Nepal. Issuing a press statement, it has been informed that the event will take place in different colleges, malls and hotspots in Nepal and anyone can participate in the event.</p>

<p style="text-align: justify;">According to the organiser, participants will get an opportunity to style their hair by the hair designer of the crew. &ldquo;Participants will be a part of digital contest and the outstanding participant will be announced as &lsquo;Set Wet Style Star 2073&rsquo;,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3950',
			'image' => '20160804012016_set wet.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '4116',
			'article_category_id' => '1',
			'title' => 'Interaction Program between NCCCI and Chinese Trade Delegates Organised',
			'sub_title' => '',
			'summary' => 'August 4: The interaction program between of Nepal-China Chamber of Commerce and Industry and Chengdu Association of Foreign Economic and Trade',
			'content' => '<p style="text-align: justify;">August 4: The interaction program between of Nepal-China Chamber of Commerce and Industry and Chengdu Association of Foreign Economic and Trade Co-operation has been concluded in the valley. The interaction program was conducted between the NCCCI and 16 Chinese trade delegates led by Chen Xiao, General Secretary of the Association regarding economic, trade and investment expansion.</p>

<p style="text-align: justify;">Rajesh Kaji Shrestha, President of NCCCI has requested the visiting Chinese trade delegates to invest in Nepal in the sectors including hydropower, tourism and agriculture. &nbsp;He also urged them to avail the exhibition hall for the exhibition of Nepali handicraft products in upcoming trade fair which will be held in Chengdu.</p>

<p style="text-align: justify;">According to Xiao, Chief of the delegation, the construction of new airport in Chengdu will increase tourist arrival to and from China. He opined that investment and trade will also increase along with the tourists. He said &ldquo;Chinese investors are interested of investing in hydropower, tourism and electronic goods and production sectors.&rdquo; He urged Nepali traders to participate in upcoming trade fair in Chengdu as well.</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3949',
			'image' => '20160804010543_chine.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 2 => array(
		'Article' => array(
			'id' => '4115',
			'article_category_id' => '1',
			'title' => 'United Insurance’s Interaction Program in Bharatpur',
			'sub_title' => '',
			'summary' => 'August 4: United Insurance Company (UIC) has organized a one day interaction program in Bharatpur. Anil Aryal, Senior Manager of the UIC informed about the problems and solutions of the insurance sector in the program. The program also held discussion on documents required while claiming th',
			'content' => '<p style="text-align: justify;">August 4: United Insurance Company (UIC) has organized a one day interaction program in Bharatpur. Anil Aryal, Senior Manager of the UIC informed about the problems and solutions of the insurance sector in the program. The program also held discussion on documents required while claiming the insurance and things to be noticed while purchasing insurance policy.</p>

<p style="text-align: justify;">&ldquo;Banana, fish and livestock farmers of Chitwan has been more benefited with the government decision of giving subsidy in crops and livestock insurance,&rdquo; said Ram Gurung, Narayangadh Branch Head of UIC.</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3948',
			'image' => '20160804123448_uic.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '4114',
			'article_category_id' => '1',
			'title' => 'Lions Club Professional Provides Scholarship',
			'sub_title' => '',
			'summary' => 'August 4: Lions Club of Sidharthanagar Professional, an institute initiated by banking staffs, has provided scholarship to three students of Mugu district. The institute has provided the scholarship of Rs 360,000 to economically weak students for their higher studies amid a program organised in Bhairah',
			'content' => '<p style="text-align: justify;">August 4: Lions Club of Sidharthanagar Professional, an institute initiated by banking staffs, has provided scholarship to three students of Mugu district. The institute has provided the scholarship of Rs 360,000 to economically weak students for their higher studies amid a program organised in Bhairahawa.</p>

<p style="text-align: justify;">&ldquo;The scholarship amount are provided to support the students from remote part of the country for their higher studies,&rdquo; said Amrit Thapa, Bhairahawa Branch Manager of Fewa Bikas Bank and Former Chairman of the club. The club has provided the scholarship to SLC graduates Sunkali Budha, Rumba Saut and another student of Mugu. Thapa said &ldquo;The club has arranged accommodation in Kathmandu for the studies of the students.&rdquo;</p>

<p style="text-align: justify;">The club informed that it provided the scholarship to the students after being inspired from a documentary based on the primitive life of Mugu.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3947',
			'image' => '20160804121749_lions.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '4113',
			'article_category_id' => '1',
			'title' => 'Century Bank to Issue Right Share from August 21',
			'sub_title' => '',
			'summary' => 'August 4: Century Commercial Bank is preparing to issue 10:3 right shares from August 21. The bank is issuing 8,522,400 units of right shares to its existing',
			'content' => '<p style="text-align: justify;">August 4: Century Commercial Bank is preparing to issue 10:3 right shares from August 21. The bank is issuing 8,522,400 units of right shares to its existing shareholders.&nbsp; The shares which can be purchased at Rs 465 per unit in the secondary market as of August 2 can be purchased at Rs 100 as the right share.</p>

<p style="text-align: justify;">According to the bank, the shareholders registered in the bank&rsquo;s share book by August 2 will have the opportunity to apply for the right shares. The bank informed that interested shareholders can apply for the right shares from its issue manager Civil Capital Market. Meanwhile, the paid-up capital of the bank will reach Rs 3.69 billion after the right share issuance.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3946',
			'image' => '20160804120243_century.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '4112',
			'article_category_id' => '1',
			'title' => 'Lacto Candy in New Packaging with Reduced Price',
			'sub_title' => '',
			'summary' => 'August 4: Sujal Food, a leading confectionery company of Nepal, has recently launched an advertising campaign for its popular product, Lacto Candy. T',
			'content' => '<p style="text-align: justify;">August 4: Sujal Food, a leading confectionery company of Nepal, has recently launched an advertising campaign for its popular product, Lacto Candy. The campaign features energetic kids in the lead role with the theme &ldquo;Lacto Tasty, Dherai Masti&rdquo;. &ldquo;The product that cost Rs 0.5 earlier will now be larger and be available in a new packaging at only Re. 1,&rdquo; informed the company in a press statement.</p>

<p style="text-align: justify;">According to the company, the candy contains essential nutrients like Protein and Carbohydrates. &ldquo;To maintain the essence of the beloved candy, Lacto Candy will be available in a double twisted shiny packaging with a joyful combination of red, blue and yellow,&rdquo; reads the statement.</p>

<p style="text-align: justify;">Currently, the company has been manufacturing international standard Wafers, Toffees, Candies, Bubble gum and Stick gum. Company owns the iconic confectionery brands of Nepal like Chocofun, Sujal gum, Sujal Eclairs, Candyman, Fresho and Lovebirds.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3945',
			'image' => '20160804115037_lacto.jpg',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '4111',
			'article_category_id' => '1',
			'title' => 'BOKL to Issue Rs 1 Billion Worth of Right Shares',
			'sub_title' => '',
			'summary' => 'August 4: Bank of Kathmandu Lumbini is planning to issue right shares in a bid to meet paid-up capital of Rs 8 billion as directed by Nepal Rastra Bank (NRB). The bank, shaped after the merger of Bank of Kathmandu (BOK) and Lumbini Bank, has raised the paid-up capital substantially. Thus, BOKL is preparin',
			'content' => '<p style="text-align:justify">August 4: Bank of Kathmandu Lumbini is planning to issue right shares in a bid to meet paid-up capital of Rs 8 billion as directed by Nepal Rastra Bank (NRB). The bank, shaped after the merger of Bank of Kathmandu (BOK) and Lumbini Bank, has raised the paid-up capital substantially. Thus, BOKL is preparing to meet the remaining paid-up capital through internal resources.&nbsp; According to the NRB directive, &lsquo;A&rsquo; listed commercial banks must meet Rs 8 billion paid-up capital cap within the end of current FY.</p>

<p style="text-align:justify">&ldquo;BOKL is preparing to issue right shares in order to meet the remaining paid-up capital after issuing bonus share from the profit of the last FY and the current FY,&rdquo; said Prabin Prakash Chettri, Chief Operation Officer and Spokesperson of the bank. &ldquo;After issuing bonus share from the profit of both banks, we will have Rs 7 billion paid-up capital. The remaining Rs 1 billion paid-up capital will be achieved through issuance of right shares,&rdquo; he added. He also said that a bit of amount will be added to the paid-up capital while adjusting share ratio among the bank promoters.</p>

<p style="text-align:justify">With the end of the last FY, the paid-up capital of the bank has accumulated to Rs 4.97 billion. Earlier, Bank of Kathmandu (BOK) and Lumbini Bank had Rs 2.67 billion and Rs 2.30 billion paid-up capitals respectively. It also contains bonus share distributed by the both banks during the last year.</p>

<p style="text-align:justify">Previously, board of directors (BOD) meeting of BOK had distributed lucrative bonus share to its shareholders to achieve the paid-up capital of Rs 2.67 billion. Similarly, Lumbini Bank had also distributed bonus share to its shareholders to increase paid-up capital from Rs 2 billion to Rs 2.30 billion. The merged banks BOK and Lumbini Bank are in 21st and 18<sup>th</sup> years of operation.&nbsp; &ldquo;The merger is the first of its kind as two of the old banks have merged with each other. The merger of two old banks has generated a single strong commercial bank constructing the base of reliable economy,&rdquo; Chettri said.</p>

<p style="text-align:justify">The bank has aimed of making positive contribution in the country&rsquo;s financial reach with the increased size and risk bearing capacity after merger.&nbsp; BOK and Lumbini Bank had started integrated transaction from July 15. The number of branches of the BOKL has reached 74 after the merger.</p>

<p style="text-align:justify">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-04',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3944',
			'image' => '20160804113835_bokl.JPG',
			'article_date' => '2016-08-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '4110',
			'article_category_id' => '1',
			'title' => 'VISA Holders to get 5% Discount on Groceries in BBSM',
			'sub_title' => '',
			'summary' => 'August 3: A global payments technology company, VISA has announced of providing 5 percent discount on purchase of groceries from Bhat Bhaten',
			'content' => '<p style="text-align: justify;">August 3: A global payments technology company, VISA has announced of providing 5 percent discount on purchase of groceries from Bhat Bhateni Super Market. Issuing a press statement, VISA informed of providing such discount for three months till October 19 from 12 branches of Bhat Bhateni.</p>

<p style="text-align: justify;">&ldquo;Nepal is an important market for VISA and we are committed to provide cashless secure electronic transaction,&rdquo; said T R Ramchandran, South Asia Chief of VISA. VISA and Bhat Bhateni are providing electronic transaction services to its customers since four years. &ldquo;Under the discount scheme, customers will get different experience while transacting through easy, secure and instant VISA card system,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3943',
			'image' => '20160803042544_VISABHAT.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '4109',
			'article_category_id' => '1',
			'title' => 'KCM Organizes Corporate Orientation',
			'sub_title' => '',
			'summary' => 'August 3: Kathmandu College of Management (KCM) has hosted corporate orientation for the incoming batch on  August 2 at Hotel RadissonAnchor, Lazimpat. Padma Jyoti, Chairman of Jyoti Group was the chief guest for the event. Issuing a press statement, it has been informed that the program ',
			'content' => '<p style="text-align: justify;">August 3: Kathmandu College of Management (KCM) has hosted corporate orientation for the incoming batch on &nbsp;August 2 at Hotel Radisson, Lazimpat. Padma Jyoti, Chairman of Jyoti Group was the chief guest for the event. Issuing a press statement, it has been informed that the program was organized with the aim to provide the newly enrolled students an insight of the corporate environment and help them set their own personal goals.</p>

<p style="text-align: justify;">According to the press statement, the first phase of the program comprised Alumni experience sharing session where twenty KCM alumni from various industries interacted with the students on challenges and opportunities they faced during their KCM life and professional career then after. The alumni shared their ideas and experiences in an attempt to provide the students with motivation and direction. In the second phase, panel interaction program was conducted with the guest speakers including Padma Jyoti, Joseph Silvanus, CEO of Standard Chartered Bank, AnandBagaria, Managing Director of NIMBUS Holding and Neeljantha Upreti, Chairman of KCM.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3942',
			'image' => '20160803034401_kcm.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '4108',
			'article_category_id' => '1',
			'title' => 'Crowd Funding Interaction Held in Kathmandu',
			'sub_title' => '',
			'summary' => 'August 3: Nepal Entrepreneurs Hub (NEHUB) has organised a crowd funding discussion program in Kathmandu on August 2.The interactive discussion was ',
			'content' => '<p>August 3: Nepal Entrepreneurs Hub (NEHUB) has organised a crowd funding discussion program in Kathmandu on August 2.The interactive discussion was based on exploring potential and possibilities of crowd funding in Nepal. Hong Sim Kwek Founder of Crowd Funding Asia, Mark Sears Founder of Cloud Factory and Saroj K. Ghimire an advocate for Supreme Court of Nepal were the main speakers in the program .The program was operated by the Suman Shakya, a Co-Founder of Nepal Entrepreneurs Hub.</p>

<p>During the program, the speakers informed that crowd funding is an effective way of raising funds as the entrepreneurs and institutions are searching for various sources of funding in order to implement their plans. &nbsp;</p>

<p>Usually, people collect huge funds from their personal network for establishing their business. Based on this, people also can collect huge funds from global network through the internet. Therefore, the program was focused on possibilities of crowd funding in Nepal. The program also discussed problems and solutions related with implementation of crowd funding in the country. &nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3941',
			'image' => '20160803013238_croud.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '4107',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Bank Opens Branch in Charikot',
			'sub_title' => '',
			'summary' => 'August 3: Sindhu Bikas Bank has opened its 11th branch in Charikot, the major city of Dolakha. The new branch was inagurated by Rajendra Kumar Shrestha, Chairman of bank amid a program organised on August 2.',
			'content' => '<p style="text-align: justify;">August 3: Sindhu Bikas Bank has opened its 11<sup>th</sup> branch in Charikot, the major city of Dolakha. The new branch was inagurated by Rajendra Kumar Shrestha, Chairman of bank amid a program organised on August 2.</p>

<p style="text-align: justify;">The bank, headquartered in Barhabise, Sindhupalchok has branches in Melamchi, Khadichaur, Mudhe, Sukute, Banepa, Panchkhal, Dolalghat and Bhakundebesi. Currently, the paid-up capital of the bank is Rs 120 million and is preparing to issue the right shares.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3940',
			'image' => '20160803010723_sindhu.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '4106',
			'article_category_id' => '1',
			'title' => 'Prabhu Insurance Enters 21st Year',
			'sub_title' => '',
			'summary' => 'August 3: Prabhu Insurance has entered in 21st year of its establishment. Recently, the company has celebrated its 20th anniversary organising various programs.',
			'content' => '<p style="text-align: justify;">August 3: Prabhu Insurance has entered in 21<sup>st</sup> year of its establishment. Recently, the company has celebrated its 20<sup>th</sup> anniversary organising various programs.</p>

<p style="text-align: justify;">According to Rajendra Malla, Vice-chairman of the company, it has operated its business by opening agricultural branch office in remote areas for expansion of its services. &ldquo;The company will open its branches and sub-branches in upcoming days recognizing feasible locations,&rdquo; he added. &nbsp;Sanchit Bajracharya, CEO of the company said that the insurance sector was badly affected due to the last year&#39;s earthquake, border blockade and Terai unrest. He informed that the company has introduced its online services for the convenience of its customers. Currently, the company is providing its services through 19 branches and sub-branches including it&rsquo;s headquarter.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3939',
			'image' => '20160803010400_prabhu.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '4105',
			'article_category_id' => '1',
			'title' => 'Laxmi Capital as Issue Manager of Mirmire Microfinance',
			'sub_title' => '',
			'summary' => 'August 3: Mirmire Microfinance Development Bank has appointed Laxmi Capital Market as its Issue Manager on August 2. Badri Prasad Dulal, CEO of Mirmire Microfina',
			'content' => '<p style="text-align: justify;">August 3: Mirmire Microfinance Development Bank has appointed Laxmi Capital Market as its Issue Manager on August 2. Badri Prasad Dulal, CEO of Mirmire Microfinance and Rajib Sapkota, CEO of Laxmi Capital have signed on the agreement on this regard. As per the agreement, Laxmi Capital will handle all types of tasks related to share issuance of the microfinance.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3938',
			'image' => '20160803125159_issue.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '4104',
			'article_category_id' => '1',
			'title' => 'NRB Tightens Locker Facility of BFIs',
			'sub_title' => '',
			'summary' => 'August 3: NRB has tightened locker facility provided by banks and financial institutions (BFIs) through Unified Directive 2073. Unified Directive is issued by NRB in a bid to regulate transactions and activities of ‘A’, ‘B’ and ‘C’ list',
			'content' => '<p style="margin-left: 11.25pt; text-align: justify;">August 3: NRB has tightened locker facility provided by banks and financial institutions (BFIs) through Unified Directive 2073. Unified Directive is issued by NRB in a bid to regulate transactions and activities of &lsquo;A&rsquo;, &lsquo;B&rsquo; and &lsquo;C&rsquo; listed BFIs. &ldquo;NRB has tightened the locker facility provided by BFIs to their customers due to increasing trend of misuse of lockers and safe deposit valve,&rdquo; said a NRB source. He added &ldquo;Discovery of ammunitions along with other contrabands has prompted NRB to make such provision.&rdquo;</p>

<p style="margin-left: 11.25pt; text-align: justify;">NRB issues Unified Directive at the start of every FY in order to implement mechanisms formulated in monetary policy. &nbsp;The Unified Directive for the FY 2073/74 is stricter than the previous directives. Unified Directive occasionally contains various matters that are not included in monetary policy due to transparency and security issue. &ldquo;Thus, though the provision related with locker facility was not included in monetary policy, it has been circulated through Unified Directive,&rdquo; said the source.</p>

<p style="margin-left: 11.25pt; text-align: justify;">According to the new mechanism, BFIs must install CCTV camera and alarm system before starting the locker facility. &nbsp;The BFIs have to disseminate the information to government security department and NRB if required. The directive has also made provision for locker insurance based on their sizes. BFIs are required to keep updated information of the customers utilising locker facility.</p>

<p style="margin-left: 11.25pt; text-align: justify;">Moreover, NRB has directed the BFIs to categorise their locker users under four different categories including customers with high risk, medium risk, low risk and politically exposed person (PEP). Similarly, NRB has asked the BFIs to keep a close eye on the bank lockers provided to PEPs.</p>

<p style="margin-left: 11.25pt; text-align: justify;">According to the sources, discovery of ammunitions at the bank locker of CPN (Maoist Center) lawmaker and former state Finance Minister Lharkyal lama of Nepal Investment Bank has incited the related sector of taking precaution from such person.</p>

<p style="margin-left: 11.25pt; text-align: justify;">&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3937',
			'image' => '20160803122503_20160803075807_Clipboard02.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '4103',
			'article_category_id' => '1',
			'title' => 'Remit Agreement between NMB Bank and Unique Nepal',
			'sub_title' => '',
			'summary' => 'August 3: NMB Bank has signed a remittance agreement with Unique Nepal. According to the agreement, money sent through the NMB Bank’s  remittance service ( NMB Bank Sulav Re',
			'content' => '<p style="text-align: justify;">August 3: NMB Bank has signed a remittance agreement with Unique Nepal. According to the agreement, money sent through the NMB Bank&rsquo;s&nbsp; remittance service ( NMB Bank Sulav Remit) from within or outside the country can be availed from any of Unique Nepal&rsquo;s branches and vice versa.</p>

<p style="text-align: justify;">&ldquo;Nepalese residing outside Nepal can now easily and conveniently send or receive money to/from all over the country&rdquo; informed the bank in a press statement. Currently, NMB Bank has been providing its services through more than 68 branches, more than 47 ATMs, 8 extension counters and branchless banking &nbsp;services.</p>
',
			'published' => true,
			'created' => '2016-08-03',
			'modified' => '2016-08-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3936',
			'image' => '20160803121353_nmb.jpg',
			'article_date' => '2016-08-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117