May 24: Phalano Luga, a Nepali clothing brand, has been appointed as a distributor and licensee for the foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press…
May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press…
May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31st 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its…
May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at…
May 24: Broadlink Network and Communication has launched Broad TV service. According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching…
May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do…
May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he…
May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per…
May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on…
May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation…
May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2…
May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses.…
May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.…
May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500…
May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3602', 'article_category_id' => '1', 'title' => 'Phalano Luga Appointed as a Distributor of Intl Apparel Brands', 'sub_title' => '', 'summary' => 'May 24: Phalano Luga, a Nepali clothing brand, has been appointed as a distributor and licensee for the foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press statement.', 'content' => '<p>May 24: Phalano <em>Luga</em>, a Nepali clothing brand, has been appointed as a distributor and licensee for some foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press statement.</p> <p>“An agreement has been signed in between Phalano Luga Pvt Ltd, Woodstock Merchandising and Dream Theatre in Mumbai, India for the distributorship and to prospect and present business opportunities for Nepali consumer products and promotion,” reads the statement.</p> <p>With this partnership, Phalano Luga has added international brands to its existing Nepali brand in its portfolio. The new apparel products will be available in Phalano Luga's outlets in Pulchowk Lalitpur and Sundara Kathmandu from July, 2016. “For our customers' reach, our initial focus will be on franchise building and retail expansion in the major cities of the country," says Rajesh KC, political cartoonist and the founder and MD of Phalano <em>Luga</em>.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3436', 'image' => '20160524044139_panda.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3601', 'article_category_id' => '1', 'title' => 'Saffola Oil Launched', 'sub_title' => '', 'summary' => 'May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press statement.', 'content' => '<p style="text-align: justify;">May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press statement.</p> <p style="text-align: justify;">“Saffola Oils comes with cutting-edge scientific solution that provides best class in quality like no other,” reads the statement. According to the company, it believes that the lifestyle and dietary choices people make everyday makes it prudent to choose not only the right amount of oil, but also ensure that people use an oil of the best quality.</p> <p style="text-align: justify;">Saffola Oils is a product of high science because of multiseed technology, a unique blend ratio, Losorb Technology, Power of 5 antioxidants and Nutri-Lock.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3435', 'image' => '20160524035854_safola.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3600', 'article_category_id' => '1', 'title' => 'Himalaya Airlines to Start Doha Flights', 'sub_title' => '', 'summary' => 'May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31st 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its passengers.', 'content' => '<p style="text-align: justify;">May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31<sup>st</sup> 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its passengers.</p> <p style="text-align: justify;">“We feel honored to announce that we are starting our first scheduled flight to Doha on May 31<sup>st</sup> 2016 with a purpose to advance tourism and business amongst Nepal and Qatar and strengthen the relationship between the two nations. With regard to this operation, we commit in providing excellent customer service with a flavor of Nepali Culture,” says Vijay Shrestha, Vice-President of Himalaya Airlines. Due to the absence of competitive airline service in the country, much of Nepal's international market has been secured by international airlines. Himalaya said its flight to Doha would depart Kathmandu at 11 pm while the return flight would leave Doha at 2:30 am.<br /> <br /> The airline has appointed Cleopatra Travels as its General Sales Agent (GSA) which will be responsible for the airline’s sales and marketing, market development, reservations and ticketing services representing the airline in Qatar. Apart from Doha, the company has been planning to operate flights to Delhi and various parts of China. The airline had welcomed its first new aircraft MSN 6626, Airbus 320-214, Nepal registration number 9N-ALM, on March 9, 2016 at 14:25 NST.</p> <p style="text-align: justify;">The airline, over the coming five years aims at acquiring 15 Airbus aircrafts and will operate from Kathmandu to various cities in Asia and beyond. “The company will introduce long haul wide body aircraft of A330 family in due course of time for the operation of direct flights to Japan, Korea, Europe, Australia, and America,” said Shrestha.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3434', 'image' => '20160524012621_doha.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3599', 'article_category_id' => '1', 'title' => 'NARA Organising Rafting Mahotsav', 'sub_title' => '', 'summary' => 'May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at Malekhu.', 'content' => '<p style="text-align:justify">May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at Malekhu.</p> <p style="text-align:justify">NARA is providing transport facility to the participants. The one day trip will cost Rs 2,000 per person including food. More than 700 tourists will be participating in the event. NARA expects that the Mahotsav’s expenditure will be around Rs 1.6 million.</p> <p style="text-align:justify">Rafting has become a popular adventure sports in the recent years. According to Dahal, Bhotekoshi, Trisuli and Karnali have become popular rafting destinations, including 16 other rivers of the country. He informed that rafting events can be done from one to 12 days continuously. </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3433', 'image' => '20160524012306_nara.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3598', 'article_category_id' => '1', 'title' => 'Broadlink’s Starts Broad TV Service', 'sub_title' => '', 'summary' => 'May 24: Broadlink Network and Communication has launched Broad TV service. According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching TV.', 'content' => '<h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">May 24: Broadlink Network and Communication has launched Broad TV service.</span></span></h3> <h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching TV.</span></span></h3> <h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">Broadlink is providing the service with special offer packages. The company is initially offering the service at Rs 4,000 which includes a setup box plus installation charge and one month of free subscription. Similarly, the Rs 6, 000 package of the Broad TV service includes a setup box, installation of the device and six months of free subscription.</span></span></h3> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3432', 'image' => '20160524124555_bb.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3597', 'article_category_id' => '1', 'title' => 'Business Sector Demands of Abolition of NRB Directive', 'sub_title' => '', 'summary' => 'May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do businesses.', 'content' => '<p style="text-align: justify;">May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do businesses.</p> <p style="text-align: justify;">NRB on 15 Nov, 2015, issuing a circular, directed Banks and Financial Institutions (BFIs) to convert multilateral banking loans worth more than Rs 500 million to consortium loans within the end of current FY. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. “Businesses will be difficult to operate if appropriate standard is not used for interest determination,” says Dinesh Shrestha, Vice Chairman of FNCCI.</p> <p style="text-align: justify;">Currently, interest rate is determined through competition and mutual understanding between banks and businesses. Businessmen say that under consortium financing, loan interest rate will be determined based on the highest interest cost of affiliated banks which will increase cost of industries.</p> <p style="text-align: justify;">“The meeting has also decided of demanding NRB a similar accreditation to drafts and documents like letters as of LC in banking system,” informs Shrestha. Additionally, the meeting has also demanded of immediate implement of revitalisation fund. The meeting stressed the government to contribute necessary money in the fund which has not been implemented even after a long time since establishment.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3431', 'image' => '20160524120343_fncce.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3596', 'article_category_id' => '34', 'title' => ' Indian Terrain Brandstore in Pulchowk', 'sub_title' => '', 'summary' => 'May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.', 'content' => '<p style="text-align: justify;">May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3430', 'image' => '20160524115357_indan.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3595', 'article_category_id' => '1', 'title' => 'New Honda Amaze Unveiled', 'sub_title' => '', 'summary' => 'May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per litre.', 'content' => '<p>May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per litre.</p> <p>The new Amaze incorporates new and advanced features like Integrated Bluetooth Audio System with Hands-Free Telephone (HFT), AC controls for a uniform premium look. Drivers can monitor all important trips and vehicle information including driving range, instantaneous and average fuel efficiency, ambient temperature and time from the multi-information Display (MID).</p> <p>The car was formally unveiled by Saurabh Jyoti, Chairman of Syakar Trading Company and Suhrid Jyoti, Vice- Chairman of the company amid at a meet at Honda Cars showroom, Dhobighat.</p> <p>As per the company, the new Amaze will be offered in CVT Transmission and will be available in S and VX petrol grades in 7 colors – New and Exclusive Bluish Titanium Metallic, Carnelian Red Pearl, Urban Titanium Metallic, Alabaster Silver Metallic, Golden Brown Metallic, Taffeta White and Orchid White Pearl.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3429', 'image' => '20160523055237_honda pic.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 8 => array( 'Article' => array( 'id' => '3594', 'article_category_id' => '34', 'title' => 'Gorkha Brewery Launches Somersby Apple Cider', 'sub_title' => '', 'summary' => 'May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.', 'content' => '<p style="text-align:justify"><strong>May 23: </strong>Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.</p> <p style="text-align:justify">Issuing a press release, the company informs that Somersby Apple Cider is a refreshing carbonated alcoholic drink made from fermented apple juice that contain 4.5% of alcohol. The company highlights that the drink is available in sweet taste with all natural ingredients with no artificial sweeteners, flavors or colorings.</p> <p style="text-align:justify">As per the press release, Somersby is launched exclusively in premium sector of Kathmandu and in time will cater to urban sector in various other cities within Nepal.</p> <p style="text-align:justify">“Cider is something new to the Nepali market and to the Nepali consumers,” says Deputy Managing Director, Surendra Silwal. Presently, Somersby Apple Cider is available in 250ml bottles and in packs of 12.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3428', 'image' => '20160523032549_bru.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3593', 'article_category_id' => '34', 'title' => 'VISA’s First Innovation Center in Asia', 'sub_title' => '', 'summary' => 'May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.', 'content' => '<p style="text-align:justify">May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.</p> <p style="text-align:justify">Visa Inc. (NYSE: V), the first in a network of new innovation centres that Visa is opening around the world that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories with fast, secure and reliable electronic payment. Its head office is located in San Francisco.</p> <p style="text-align:justify">Accessible to both local and global clients, the innovation centre located in Singapore will provide Visa partners’ access to Visa APIs and software developer kits (SDKs) available through the company’s Visa Developer Platform. Also, it will operate as commercial gateway.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3427', 'image' => '20160523031125_Visa_pic.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3592', 'article_category_id' => '34', 'title' => '3rd Kantipur HISSAN Edu-Fair Concluded', 'sub_title' => '', 'summary' => 'May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2 graduates.', 'content' => '<p style="text-align:justify">May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2 graduates. The fair was participated by 99 colleges. In the fair, every colleges were clearing the queries of students and parents visiting their stalls. Meanwhile, few of the colleges declared scholarship for the students visiting the fair. As per to Ramesh Silwal, President of HISSAN, 2,00,000 students and parents visited the fair in four days of opening.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3426', 'image' => null, 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3591', 'article_category_id' => '1', 'title' => 'Business Sector Criticises Consortium of Old Credit', 'sub_title' => '', 'summary' => 'May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses. ', 'content' => '<p style="text-align: justify;">May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses. </p> <p style="text-align: justify;">Currently, interest rate is determined through competition and mutual understanding between banks and businesses. Businessmen say that under consortium financing, loan interest rate will be determined based on the highest interest cost of affiliated banks which will increase cost of industries. “Currently, banks provide loans charging 6-10 percent in interest rates. The banks may cartel under consortium financing,” says Dinesh Shrestha, Vice Chairman of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). “The new mechanism is focused only on the risks of the banks. The central bank has not thought on possible problems that might arise due to carteling.” NRB on 15 Nov, 2015, issuing a circular, directed BFIs to convert multilateral banking loans worth more than Rs 500 million to consortium loans within the end of current FY.</p> <p style="text-align: justify;">Meanwhile, NRB has been taking tougher stance regarding the directive. “The objective behind the directive is to regulate multilateral loans. Defying the directive means accepting the continuation of dishonesty,” says Trilochan Pangeni, Spokesperson and Executive Director of NRB. He stressed that the new regulation will not be changeed in any way.</p> <p style="text-align: justify;">The business sector argues that if the regulation cannot be changed then NRB should determine new interest rates on the basis of weighted average of various interest rates on currently maintained loans. Presently, the banks are about to increase their paid-up capital, therefore immediate implementation of the directive is faulty, businesmen argue.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3425', 'image' => '20160523012108_nrb.JPG', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3590', 'article_category_id' => '34', 'title' => 'Bonus Share of Sagarmatha Finance Approved', 'sub_title' => '', 'summary' => ' May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches. ', 'content' => '<p style="text-align:justify">May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches. </p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3424', 'image' => '20160523011925_sagarmatha.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3589', 'article_category_id' => '34', 'title' => 'TATA Motors Car Mela in Itahari', 'sub_title' => '', 'summary' => 'May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.', 'content' => '<p style="text-align:justify">May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.</p> <p style="text-align:justify">According to the press statement released by the company, among the total visitors 208+ individuals were involved in the test drive of Tata Vehicles and 23 of them booked the different models of Tata vehicles while 90 of them valued their vehicle for exchange.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3423', 'image' => '20160523125608_tata.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3588', 'article_category_id' => '1', 'title' => 'SBI Bank Organised Cycle Rally for Public Awareness', 'sub_title' => '', 'summary' => 'May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the valley.', 'content' => '<p style="text-align: justify;">May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the valley.</p> <p style="text-align: justify;">Speaking at the occasion, V.K. Tyagi, CEO of the bank informs of continuing such banking practice promotion and public awareness program in future too. The program was participated by 70 employees of the bank.</p> <p style="text-align: justify;">Currently, the bank is serving through 72 commercial units (along with 3 regional offices). The bank is also planning to operate e-corner, cash deposit machine and mobile ATM for the convenience of its customers, informs its press release. The bank is providing banking services through 32 district level banking offices and total of 84 ATMs. </p> ', 'published' => true, 'created' => '2016-05-22', 'modified' => '2016-05-22', 'keywords' => '', 'description' => '', 'sortorder' => '3422', 'image' => '20160522055911_sbi.JPG', 'article_date' => '2016-05-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3602', 'article_category_id' => '1', 'title' => 'Phalano Luga Appointed as a Distributor of Intl Apparel Brands', 'sub_title' => '', 'summary' => 'May 24: Phalano Luga, a Nepali clothing brand, has been appointed as a distributor and licensee for the foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press statement.', 'content' => '<p>May 24: Phalano <em>Luga</em>, a Nepali clothing brand, has been appointed as a distributor and licensee for some foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press statement.</p> <p>“An agreement has been signed in between Phalano Luga Pvt Ltd, Woodstock Merchandising and Dream Theatre in Mumbai, India for the distributorship and to prospect and present business opportunities for Nepali consumer products and promotion,” reads the statement.</p> <p>With this partnership, Phalano Luga has added international brands to its existing Nepali brand in its portfolio. The new apparel products will be available in Phalano Luga's outlets in Pulchowk Lalitpur and Sundara Kathmandu from July, 2016. “For our customers' reach, our initial focus will be on franchise building and retail expansion in the major cities of the country," says Rajesh KC, political cartoonist and the founder and MD of Phalano <em>Luga</em>.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3436', 'image' => '20160524044139_panda.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3601', 'article_category_id' => '1', 'title' => 'Saffola Oil Launched', 'sub_title' => '', 'summary' => 'May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press statement.', 'content' => '<p style="text-align: justify;">May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press statement.</p> <p style="text-align: justify;">“Saffola Oils comes with cutting-edge scientific solution that provides best class in quality like no other,” reads the statement. According to the company, it believes that the lifestyle and dietary choices people make everyday makes it prudent to choose not only the right amount of oil, but also ensure that people use an oil of the best quality.</p> <p style="text-align: justify;">Saffola Oils is a product of high science because of multiseed technology, a unique blend ratio, Losorb Technology, Power of 5 antioxidants and Nutri-Lock.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3435', 'image' => '20160524035854_safola.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3600', 'article_category_id' => '1', 'title' => 'Himalaya Airlines to Start Doha Flights', 'sub_title' => '', 'summary' => 'May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31st 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its passengers.', 'content' => '<p style="text-align: justify;">May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31<sup>st</sup> 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its passengers.</p> <p style="text-align: justify;">“We feel honored to announce that we are starting our first scheduled flight to Doha on May 31<sup>st</sup> 2016 with a purpose to advance tourism and business amongst Nepal and Qatar and strengthen the relationship between the two nations. With regard to this operation, we commit in providing excellent customer service with a flavor of Nepali Culture,” says Vijay Shrestha, Vice-President of Himalaya Airlines. Due to the absence of competitive airline service in the country, much of Nepal's international market has been secured by international airlines. Himalaya said its flight to Doha would depart Kathmandu at 11 pm while the return flight would leave Doha at 2:30 am.<br /> <br /> The airline has appointed Cleopatra Travels as its General Sales Agent (GSA) which will be responsible for the airline’s sales and marketing, market development, reservations and ticketing services representing the airline in Qatar. Apart from Doha, the company has been planning to operate flights to Delhi and various parts of China. The airline had welcomed its first new aircraft MSN 6626, Airbus 320-214, Nepal registration number 9N-ALM, on March 9, 2016 at 14:25 NST.</p> <p style="text-align: justify;">The airline, over the coming five years aims at acquiring 15 Airbus aircrafts and will operate from Kathmandu to various cities in Asia and beyond. “The company will introduce long haul wide body aircraft of A330 family in due course of time for the operation of direct flights to Japan, Korea, Europe, Australia, and America,” said Shrestha.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3434', 'image' => '20160524012621_doha.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3599', 'article_category_id' => '1', 'title' => 'NARA Organising Rafting Mahotsav', 'sub_title' => '', 'summary' => 'May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at Malekhu.', 'content' => '<p style="text-align:justify">May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at Malekhu.</p> <p style="text-align:justify">NARA is providing transport facility to the participants. The one day trip will cost Rs 2,000 per person including food. More than 700 tourists will be participating in the event. NARA expects that the Mahotsav’s expenditure will be around Rs 1.6 million.</p> <p style="text-align:justify">Rafting has become a popular adventure sports in the recent years. According to Dahal, Bhotekoshi, Trisuli and Karnali have become popular rafting destinations, including 16 other rivers of the country. He informed that rafting events can be done from one to 12 days continuously. </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3433', 'image' => '20160524012306_nara.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3598', 'article_category_id' => '1', 'title' => 'Broadlink’s Starts Broad TV Service', 'sub_title' => '', 'summary' => 'May 24: Broadlink Network and Communication has launched Broad TV service. According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching TV.', 'content' => '<h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">May 24: Broadlink Network and Communication has launched Broad TV service.</span></span></h3> <h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching TV.</span></span></h3> <h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">Broadlink is providing the service with special offer packages. The company is initially offering the service at Rs 4,000 which includes a setup box plus installation charge and one month of free subscription. Similarly, the Rs 6, 000 package of the Broad TV service includes a setup box, installation of the device and six months of free subscription.</span></span></h3> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3432', 'image' => '20160524124555_bb.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3597', 'article_category_id' => '1', 'title' => 'Business Sector Demands of Abolition of NRB Directive', 'sub_title' => '', 'summary' => 'May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do businesses.', 'content' => '<p style="text-align: justify;">May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do businesses.</p> <p style="text-align: justify;">NRB on 15 Nov, 2015, issuing a circular, directed Banks and Financial Institutions (BFIs) to convert multilateral banking loans worth more than Rs 500 million to consortium loans within the end of current FY. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. “Businesses will be difficult to operate if appropriate standard is not used for interest determination,” says Dinesh Shrestha, Vice Chairman of FNCCI.</p> <p style="text-align: justify;">Currently, interest rate is determined through competition and mutual understanding between banks and businesses. Businessmen say that under consortium financing, loan interest rate will be determined based on the highest interest cost of affiliated banks which will increase cost of industries.</p> <p style="text-align: justify;">“The meeting has also decided of demanding NRB a similar accreditation to drafts and documents like letters as of LC in banking system,” informs Shrestha. Additionally, the meeting has also demanded of immediate implement of revitalisation fund. The meeting stressed the government to contribute necessary money in the fund which has not been implemented even after a long time since establishment.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3431', 'image' => '20160524120343_fncce.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3596', 'article_category_id' => '34', 'title' => ' Indian Terrain Brandstore in Pulchowk', 'sub_title' => '', 'summary' => 'May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.', 'content' => '<p style="text-align: justify;">May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3430', 'image' => '20160524115357_indan.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3595', 'article_category_id' => '1', 'title' => 'New Honda Amaze Unveiled', 'sub_title' => '', 'summary' => 'May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per litre.', 'content' => '<p>May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per litre.</p> <p>The new Amaze incorporates new and advanced features like Integrated Bluetooth Audio System with Hands-Free Telephone (HFT), AC controls for a uniform premium look. Drivers can monitor all important trips and vehicle information including driving range, instantaneous and average fuel efficiency, ambient temperature and time from the multi-information Display (MID).</p> <p>The car was formally unveiled by Saurabh Jyoti, Chairman of Syakar Trading Company and Suhrid Jyoti, Vice- Chairman of the company amid at a meet at Honda Cars showroom, Dhobighat.</p> <p>As per the company, the new Amaze will be offered in CVT Transmission and will be available in S and VX petrol grades in 7 colors – New and Exclusive Bluish Titanium Metallic, Carnelian Red Pearl, Urban Titanium Metallic, Alabaster Silver Metallic, Golden Brown Metallic, Taffeta White and Orchid White Pearl.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3429', 'image' => '20160523055237_honda pic.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 8 => array( 'Article' => array( 'id' => '3594', 'article_category_id' => '34', 'title' => 'Gorkha Brewery Launches Somersby Apple Cider', 'sub_title' => '', 'summary' => 'May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.', 'content' => '<p style="text-align:justify"><strong>May 23: </strong>Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.</p> <p style="text-align:justify">Issuing a press release, the company informs that Somersby Apple Cider is a refreshing carbonated alcoholic drink made from fermented apple juice that contain 4.5% of alcohol. The company highlights that the drink is available in sweet taste with all natural ingredients with no artificial sweeteners, flavors or colorings.</p> <p style="text-align:justify">As per the press release, Somersby is launched exclusively in premium sector of Kathmandu and in time will cater to urban sector in various other cities within Nepal.</p> <p style="text-align:justify">“Cider is something new to the Nepali market and to the Nepali consumers,” says Deputy Managing Director, Surendra Silwal. Presently, Somersby Apple Cider is available in 250ml bottles and in packs of 12.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3428', 'image' => '20160523032549_bru.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3593', 'article_category_id' => '34', 'title' => 'VISA’s First Innovation Center in Asia', 'sub_title' => '', 'summary' => 'May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.', 'content' => '<p style="text-align:justify">May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.</p> <p style="text-align:justify">Visa Inc. (NYSE: V), the first in a network of new innovation centres that Visa is opening around the world that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories with fast, secure and reliable electronic payment. Its head office is located in San Francisco.</p> <p style="text-align:justify">Accessible to both local and global clients, the innovation centre located in Singapore will provide Visa partners’ access to Visa APIs and software developer kits (SDKs) available through the company’s Visa Developer Platform. Also, it will operate as commercial gateway.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3427', 'image' => '20160523031125_Visa_pic.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3592', 'article_category_id' => '34', 'title' => '3rd Kantipur HISSAN Edu-Fair Concluded', 'sub_title' => '', 'summary' => 'May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2 graduates.', 'content' => '<p style="text-align:justify">May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2 graduates. The fair was participated by 99 colleges. In the fair, every colleges were clearing the queries of students and parents visiting their stalls. Meanwhile, few of the colleges declared scholarship for the students visiting the fair. As per to Ramesh Silwal, President of HISSAN, 2,00,000 students and parents visited the fair in four days of opening.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3426', 'image' => null, 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3591', 'article_category_id' => '1', 'title' => 'Business Sector Criticises Consortium of Old Credit', 'sub_title' => '', 'summary' => 'May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses. ', 'content' => '<p style="text-align: justify;">May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses. </p> <p style="text-align: justify;">Currently, interest rate is determined through competition and mutual understanding between banks and businesses. Businessmen say that under consortium financing, loan interest rate will be determined based on the highest interest cost of affiliated banks which will increase cost of industries. “Currently, banks provide loans charging 6-10 percent in interest rates. The banks may cartel under consortium financing,” says Dinesh Shrestha, Vice Chairman of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). “The new mechanism is focused only on the risks of the banks. The central bank has not thought on possible problems that might arise due to carteling.” NRB on 15 Nov, 2015, issuing a circular, directed BFIs to convert multilateral banking loans worth more than Rs 500 million to consortium loans within the end of current FY.</p> <p style="text-align: justify;">Meanwhile, NRB has been taking tougher stance regarding the directive. “The objective behind the directive is to regulate multilateral loans. Defying the directive means accepting the continuation of dishonesty,” says Trilochan Pangeni, Spokesperson and Executive Director of NRB. He stressed that the new regulation will not be changeed in any way.</p> <p style="text-align: justify;">The business sector argues that if the regulation cannot be changed then NRB should determine new interest rates on the basis of weighted average of various interest rates on currently maintained loans. Presently, the banks are about to increase their paid-up capital, therefore immediate implementation of the directive is faulty, businesmen argue.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3425', 'image' => '20160523012108_nrb.JPG', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3590', 'article_category_id' => '34', 'title' => 'Bonus Share of Sagarmatha Finance Approved', 'sub_title' => '', 'summary' => ' May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches. ', 'content' => '<p style="text-align:justify">May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches. </p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3424', 'image' => '20160523011925_sagarmatha.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3589', 'article_category_id' => '34', 'title' => 'TATA Motors Car Mela in Itahari', 'sub_title' => '', 'summary' => 'May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.', 'content' => '<p style="text-align:justify">May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.</p> <p style="text-align:justify">According to the press statement released by the company, among the total visitors 208+ individuals were involved in the test drive of Tata Vehicles and 23 of them booked the different models of Tata vehicles while 90 of them valued their vehicle for exchange.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3423', 'image' => '20160523125608_tata.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3588', 'article_category_id' => '1', 'title' => 'SBI Bank Organised Cycle Rally for Public Awareness', 'sub_title' => '', 'summary' => 'May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the valley.', 'content' => '<p style="text-align: justify;">May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the valley.</p> <p style="text-align: justify;">Speaking at the occasion, V.K. Tyagi, CEO of the bank informs of continuing such banking practice promotion and public awareness program in future too. The program was participated by 70 employees of the bank.</p> <p style="text-align: justify;">Currently, the bank is serving through 72 commercial units (along with 3 regional offices). The bank is also planning to operate e-corner, cash deposit machine and mobile ATM for the convenience of its customers, informs its press release. The bank is providing banking services through 32 district level banking offices and total of 84 ATMs. </p> ', 'published' => true, 'created' => '2016-05-22', 'modified' => '2016-05-22', 'keywords' => '', 'description' => '', 'sortorder' => '3422', 'image' => '20160522055911_sbi.JPG', 'article_date' => '2016-05-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3602', 'article_category_id' => '1', 'title' => 'Phalano Luga Appointed as a Distributor of Intl Apparel Brands', 'sub_title' => '', 'summary' => 'May 24: Phalano Luga, a Nepali clothing brand, has been appointed as a distributor and licensee for the foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press statement.', 'content' => '<p>May 24: Phalano <em>Luga</em>, a Nepali clothing brand, has been appointed as a distributor and licensee for some foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press statement.</p> <p>“An agreement has been signed in between Phalano Luga Pvt Ltd, Woodstock Merchandising and Dream Theatre in Mumbai, India for the distributorship and to prospect and present business opportunities for Nepali consumer products and promotion,” reads the statement.</p> <p>With this partnership, Phalano Luga has added international brands to its existing Nepali brand in its portfolio. The new apparel products will be available in Phalano Luga's outlets in Pulchowk Lalitpur and Sundara Kathmandu from July, 2016. “For our customers' reach, our initial focus will be on franchise building and retail expansion in the major cities of the country," says Rajesh KC, political cartoonist and the founder and MD of Phalano <em>Luga</em>.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3436', 'image' => '20160524044139_panda.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3601', 'article_category_id' => '1', 'title' => 'Saffola Oil Launched', 'sub_title' => '', 'summary' => 'May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press statement.', 'content' => '<p style="text-align: justify;">May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press statement.</p> <p style="text-align: justify;">“Saffola Oils comes with cutting-edge scientific solution that provides best class in quality like no other,” reads the statement. According to the company, it believes that the lifestyle and dietary choices people make everyday makes it prudent to choose not only the right amount of oil, but also ensure that people use an oil of the best quality.</p> <p style="text-align: justify;">Saffola Oils is a product of high science because of multiseed technology, a unique blend ratio, Losorb Technology, Power of 5 antioxidants and Nutri-Lock.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3435', 'image' => '20160524035854_safola.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3600', 'article_category_id' => '1', 'title' => 'Himalaya Airlines to Start Doha Flights', 'sub_title' => '', 'summary' => 'May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31st 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its passengers.', 'content' => '<p style="text-align: justify;">May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31<sup>st</sup> 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its passengers.</p> <p style="text-align: justify;">“We feel honored to announce that we are starting our first scheduled flight to Doha on May 31<sup>st</sup> 2016 with a purpose to advance tourism and business amongst Nepal and Qatar and strengthen the relationship between the two nations. With regard to this operation, we commit in providing excellent customer service with a flavor of Nepali Culture,” says Vijay Shrestha, Vice-President of Himalaya Airlines. Due to the absence of competitive airline service in the country, much of Nepal's international market has been secured by international airlines. Himalaya said its flight to Doha would depart Kathmandu at 11 pm while the return flight would leave Doha at 2:30 am.<br /> <br /> The airline has appointed Cleopatra Travels as its General Sales Agent (GSA) which will be responsible for the airline’s sales and marketing, market development, reservations and ticketing services representing the airline in Qatar. Apart from Doha, the company has been planning to operate flights to Delhi and various parts of China. The airline had welcomed its first new aircraft MSN 6626, Airbus 320-214, Nepal registration number 9N-ALM, on March 9, 2016 at 14:25 NST.</p> <p style="text-align: justify;">The airline, over the coming five years aims at acquiring 15 Airbus aircrafts and will operate from Kathmandu to various cities in Asia and beyond. “The company will introduce long haul wide body aircraft of A330 family in due course of time for the operation of direct flights to Japan, Korea, Europe, Australia, and America,” said Shrestha.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3434', 'image' => '20160524012621_doha.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3599', 'article_category_id' => '1', 'title' => 'NARA Organising Rafting Mahotsav', 'sub_title' => '', 'summary' => 'May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at Malekhu.', 'content' => '<p style="text-align:justify">May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at Malekhu.</p> <p style="text-align:justify">NARA is providing transport facility to the participants. The one day trip will cost Rs 2,000 per person including food. More than 700 tourists will be participating in the event. NARA expects that the Mahotsav’s expenditure will be around Rs 1.6 million.</p> <p style="text-align:justify">Rafting has become a popular adventure sports in the recent years. According to Dahal, Bhotekoshi, Trisuli and Karnali have become popular rafting destinations, including 16 other rivers of the country. He informed that rafting events can be done from one to 12 days continuously. </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3433', 'image' => '20160524012306_nara.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3598', 'article_category_id' => '1', 'title' => 'Broadlink’s Starts Broad TV Service', 'sub_title' => '', 'summary' => 'May 24: Broadlink Network and Communication has launched Broad TV service. According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching TV.', 'content' => '<h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">May 24: Broadlink Network and Communication has launched Broad TV service.</span></span></h3> <h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching TV.</span></span></h3> <h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">Broadlink is providing the service with special offer packages. The company is initially offering the service at Rs 4,000 which includes a setup box plus installation charge and one month of free subscription. Similarly, the Rs 6, 000 package of the Broad TV service includes a setup box, installation of the device and six months of free subscription.</span></span></h3> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3432', 'image' => '20160524124555_bb.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3597', 'article_category_id' => '1', 'title' => 'Business Sector Demands of Abolition of NRB Directive', 'sub_title' => '', 'summary' => 'May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do businesses.', 'content' => '<p style="text-align: justify;">May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do businesses.</p> <p style="text-align: justify;">NRB on 15 Nov, 2015, issuing a circular, directed Banks and Financial Institutions (BFIs) to convert multilateral banking loans worth more than Rs 500 million to consortium loans within the end of current FY. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. “Businesses will be difficult to operate if appropriate standard is not used for interest determination,” says Dinesh Shrestha, Vice Chairman of FNCCI.</p> <p style="text-align: justify;">Currently, interest rate is determined through competition and mutual understanding between banks and businesses. Businessmen say that under consortium financing, loan interest rate will be determined based on the highest interest cost of affiliated banks which will increase cost of industries.</p> <p style="text-align: justify;">“The meeting has also decided of demanding NRB a similar accreditation to drafts and documents like letters as of LC in banking system,” informs Shrestha. Additionally, the meeting has also demanded of immediate implement of revitalisation fund. The meeting stressed the government to contribute necessary money in the fund which has not been implemented even after a long time since establishment.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3431', 'image' => '20160524120343_fncce.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3596', 'article_category_id' => '34', 'title' => ' Indian Terrain Brandstore in Pulchowk', 'sub_title' => '', 'summary' => 'May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.', 'content' => '<p style="text-align: justify;">May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3430', 'image' => '20160524115357_indan.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3595', 'article_category_id' => '1', 'title' => 'New Honda Amaze Unveiled', 'sub_title' => '', 'summary' => 'May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per litre.', 'content' => '<p>May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per litre.</p> <p>The new Amaze incorporates new and advanced features like Integrated Bluetooth Audio System with Hands-Free Telephone (HFT), AC controls for a uniform premium look. Drivers can monitor all important trips and vehicle information including driving range, instantaneous and average fuel efficiency, ambient temperature and time from the multi-information Display (MID).</p> <p>The car was formally unveiled by Saurabh Jyoti, Chairman of Syakar Trading Company and Suhrid Jyoti, Vice- Chairman of the company amid at a meet at Honda Cars showroom, Dhobighat.</p> <p>As per the company, the new Amaze will be offered in CVT Transmission and will be available in S and VX petrol grades in 7 colors – New and Exclusive Bluish Titanium Metallic, Carnelian Red Pearl, Urban Titanium Metallic, Alabaster Silver Metallic, Golden Brown Metallic, Taffeta White and Orchid White Pearl.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3429', 'image' => '20160523055237_honda pic.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 8 => array( 'Article' => array( 'id' => '3594', 'article_category_id' => '34', 'title' => 'Gorkha Brewery Launches Somersby Apple Cider', 'sub_title' => '', 'summary' => 'May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.', 'content' => '<p style="text-align:justify"><strong>May 23: </strong>Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.</p> <p style="text-align:justify">Issuing a press release, the company informs that Somersby Apple Cider is a refreshing carbonated alcoholic drink made from fermented apple juice that contain 4.5% of alcohol. The company highlights that the drink is available in sweet taste with all natural ingredients with no artificial sweeteners, flavors or colorings.</p> <p style="text-align:justify">As per the press release, Somersby is launched exclusively in premium sector of Kathmandu and in time will cater to urban sector in various other cities within Nepal.</p> <p style="text-align:justify">“Cider is something new to the Nepali market and to the Nepali consumers,” says Deputy Managing Director, Surendra Silwal. Presently, Somersby Apple Cider is available in 250ml bottles and in packs of 12.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3428', 'image' => '20160523032549_bru.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3593', 'article_category_id' => '34', 'title' => 'VISA’s First Innovation Center in Asia', 'sub_title' => '', 'summary' => 'May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.', 'content' => '<p style="text-align:justify">May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.</p> <p style="text-align:justify">Visa Inc. (NYSE: V), the first in a network of new innovation centres that Visa is opening around the world that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories with fast, secure and reliable electronic payment. Its head office is located in San Francisco.</p> <p style="text-align:justify">Accessible to both local and global clients, the innovation centre located in Singapore will provide Visa partners’ access to Visa APIs and software developer kits (SDKs) available through the company’s Visa Developer Platform. Also, it will operate as commercial gateway.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3427', 'image' => '20160523031125_Visa_pic.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3592', 'article_category_id' => '34', 'title' => '3rd Kantipur HISSAN Edu-Fair Concluded', 'sub_title' => '', 'summary' => 'May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2 graduates.', 'content' => '<p style="text-align:justify">May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2 graduates. The fair was participated by 99 colleges. In the fair, every colleges were clearing the queries of students and parents visiting their stalls. Meanwhile, few of the colleges declared scholarship for the students visiting the fair. As per to Ramesh Silwal, President of HISSAN, 2,00,000 students and parents visited the fair in four days of opening.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3426', 'image' => null, 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3591', 'article_category_id' => '1', 'title' => 'Business Sector Criticises Consortium of Old Credit', 'sub_title' => '', 'summary' => 'May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses. ', 'content' => '<p style="text-align: justify;">May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses. </p> <p style="text-align: justify;">Currently, interest rate is determined through competition and mutual understanding between banks and businesses. Businessmen say that under consortium financing, loan interest rate will be determined based on the highest interest cost of affiliated banks which will increase cost of industries. “Currently, banks provide loans charging 6-10 percent in interest rates. The banks may cartel under consortium financing,” says Dinesh Shrestha, Vice Chairman of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). “The new mechanism is focused only on the risks of the banks. The central bank has not thought on possible problems that might arise due to carteling.” NRB on 15 Nov, 2015, issuing a circular, directed BFIs to convert multilateral banking loans worth more than Rs 500 million to consortium loans within the end of current FY.</p> <p style="text-align: justify;">Meanwhile, NRB has been taking tougher stance regarding the directive. “The objective behind the directive is to regulate multilateral loans. Defying the directive means accepting the continuation of dishonesty,” says Trilochan Pangeni, Spokesperson and Executive Director of NRB. He stressed that the new regulation will not be changeed in any way.</p> <p style="text-align: justify;">The business sector argues that if the regulation cannot be changed then NRB should determine new interest rates on the basis of weighted average of various interest rates on currently maintained loans. Presently, the banks are about to increase their paid-up capital, therefore immediate implementation of the directive is faulty, businesmen argue.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3425', 'image' => '20160523012108_nrb.JPG', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3590', 'article_category_id' => '34', 'title' => 'Bonus Share of Sagarmatha Finance Approved', 'sub_title' => '', 'summary' => ' May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches. ', 'content' => '<p style="text-align:justify">May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches. </p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3424', 'image' => '20160523011925_sagarmatha.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3589', 'article_category_id' => '34', 'title' => 'TATA Motors Car Mela in Itahari', 'sub_title' => '', 'summary' => 'May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.', 'content' => '<p style="text-align:justify">May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.</p> <p style="text-align:justify">According to the press statement released by the company, among the total visitors 208+ individuals were involved in the test drive of Tata Vehicles and 23 of them booked the different models of Tata vehicles while 90 of them valued their vehicle for exchange.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3423', 'image' => '20160523125608_tata.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3588', 'article_category_id' => '1', 'title' => 'SBI Bank Organised Cycle Rally for Public Awareness', 'sub_title' => '', 'summary' => 'May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the valley.', 'content' => '<p style="text-align: justify;">May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the valley.</p> <p style="text-align: justify;">Speaking at the occasion, V.K. Tyagi, CEO of the bank informs of continuing such banking practice promotion and public awareness program in future too. The program was participated by 70 employees of the bank.</p> <p style="text-align: justify;">Currently, the bank is serving through 72 commercial units (along with 3 regional offices). The bank is also planning to operate e-corner, cash deposit machine and mobile ATM for the convenience of its customers, informs its press release. The bank is providing banking services through 32 district level banking offices and total of 84 ATMs. </p> ', 'published' => true, 'created' => '2016-05-22', 'modified' => '2016-05-22', 'keywords' => '', 'description' => '', 'sortorder' => '3422', 'image' => '20160522055911_sbi.JPG', 'article_date' => '2016-05-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3602', 'article_category_id' => '1', 'title' => 'Phalano Luga Appointed as a Distributor of Intl Apparel Brands', 'sub_title' => '', 'summary' => 'May 24: Phalano Luga, a Nepali clothing brand, has been appointed as a distributor and licensee for the foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press statement.', 'content' => '<p>May 24: Phalano <em>Luga</em>, a Nepali clothing brand, has been appointed as a distributor and licensee for some foreign iconic apparel brands. “Phalano has got the licensee and distributorship of Angry Birds 2.0, The Angry Birds Movie, Kung Fu Panda, Ice Age, Pokemon, Beebop, Joshua Tree, Chhota Bheem and the European football clubs like Real Madrid and AC Milan,” informs the company in a press statement.</p> <p>“An agreement has been signed in between Phalano Luga Pvt Ltd, Woodstock Merchandising and Dream Theatre in Mumbai, India for the distributorship and to prospect and present business opportunities for Nepali consumer products and promotion,” reads the statement.</p> <p>With this partnership, Phalano Luga has added international brands to its existing Nepali brand in its portfolio. The new apparel products will be available in Phalano Luga's outlets in Pulchowk Lalitpur and Sundara Kathmandu from July, 2016. “For our customers' reach, our initial focus will be on franchise building and retail expansion in the major cities of the country," says Rajesh KC, political cartoonist and the founder and MD of Phalano <em>Luga</em>.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3436', 'image' => '20160524044139_panda.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3601', 'article_category_id' => '1', 'title' => 'Saffola Oil Launched', 'sub_title' => '', 'summary' => 'May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press statement.', 'content' => '<p style="text-align: justify;">May 24: Marcio has launched a leading health care cooking oil brand, Saffola, in Nepal on 13 May. “Saffola Oils portfolio includes products like Saffola Gold, Saffola Active, Saffola Total and Saffola Tasty” informs the company in a press statement.</p> <p style="text-align: justify;">“Saffola Oils comes with cutting-edge scientific solution that provides best class in quality like no other,” reads the statement. According to the company, it believes that the lifestyle and dietary choices people make everyday makes it prudent to choose not only the right amount of oil, but also ensure that people use an oil of the best quality.</p> <p style="text-align: justify;">Saffola Oils is a product of high science because of multiseed technology, a unique blend ratio, Losorb Technology, Power of 5 antioxidants and Nutri-Lock.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3435', 'image' => '20160524035854_safola.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3600', 'article_category_id' => '1', 'title' => 'Himalaya Airlines to Start Doha Flights', 'sub_title' => '', 'summary' => 'May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31st 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its passengers.', 'content' => '<p style="text-align: justify;">May 24: Himalaya Airlines, a Nepal-China Joint Venture Airline, officially announces its first direct scheduled flight to Doha, Qatar from May 31<sup>st</sup> 2016. The airline will fly its new Airbus 320-214 from Kathmandu to Doha on a regular basis. The aircraft passenger cabin is configured with 150 economy and 8 business class seats. The airline had flown Prime Minister KP Sharma Oli and his entourage to Beijing during his official visit to China in March. The airline aims at ensuring a high level of reliability and punctuality to its passengers.</p> <p style="text-align: justify;">“We feel honored to announce that we are starting our first scheduled flight to Doha on May 31<sup>st</sup> 2016 with a purpose to advance tourism and business amongst Nepal and Qatar and strengthen the relationship between the two nations. With regard to this operation, we commit in providing excellent customer service with a flavor of Nepali Culture,” says Vijay Shrestha, Vice-President of Himalaya Airlines. Due to the absence of competitive airline service in the country, much of Nepal's international market has been secured by international airlines. Himalaya said its flight to Doha would depart Kathmandu at 11 pm while the return flight would leave Doha at 2:30 am.<br /> <br /> The airline has appointed Cleopatra Travels as its General Sales Agent (GSA) which will be responsible for the airline’s sales and marketing, market development, reservations and ticketing services representing the airline in Qatar. Apart from Doha, the company has been planning to operate flights to Delhi and various parts of China. The airline had welcomed its first new aircraft MSN 6626, Airbus 320-214, Nepal registration number 9N-ALM, on March 9, 2016 at 14:25 NST.</p> <p style="text-align: justify;">The airline, over the coming five years aims at acquiring 15 Airbus aircrafts and will operate from Kathmandu to various cities in Asia and beyond. “The company will introduce long haul wide body aircraft of A330 family in due course of time for the operation of direct flights to Japan, Korea, Europe, Australia, and America,” said Shrestha.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3434', 'image' => '20160524012621_doha.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3599', 'article_category_id' => '1', 'title' => 'NARA Organising Rafting Mahotsav', 'sub_title' => '', 'summary' => 'May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at Malekhu.', 'content' => '<p style="text-align:justify">May 24: Nepal Agent of Rafting Association (NARA) is organizing Rafting Mahotsav on May 28, Saturday at the Trishuli River. According to the association’s Chairman Chandra Bahadur Dahal, NARA is organising the Mahotsav to mark its 28th anniversary. “The program aims to promote domestic tourism,” he says. The rafting event will start from Belekhu of Dhading ending at Malekhu.</p> <p style="text-align:justify">NARA is providing transport facility to the participants. The one day trip will cost Rs 2,000 per person including food. More than 700 tourists will be participating in the event. NARA expects that the Mahotsav’s expenditure will be around Rs 1.6 million.</p> <p style="text-align:justify">Rafting has become a popular adventure sports in the recent years. According to Dahal, Bhotekoshi, Trisuli and Karnali have become popular rafting destinations, including 16 other rivers of the country. He informed that rafting events can be done from one to 12 days continuously. </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3433', 'image' => '20160524012306_nara.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3598', 'article_category_id' => '1', 'title' => 'Broadlink’s Starts Broad TV Service', 'sub_title' => '', 'summary' => 'May 24: Broadlink Network and Communication has launched Broad TV service. According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching TV.', 'content' => '<h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">May 24: Broadlink Network and Communication has launched Broad TV service.</span></span></h3> <h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">According to the company, the new service aims to provide television entertainment with the tagline ‘One Box, Jindagi Rocks.’ Issuing a press statement, the company informed that the service enables the subscribers to watch full-HD channels through their TV sets, smartphones and tablet pcs and other suitable devices. The new Broalink service comes with facility of 24 hours auto- recording enabling viewers to record their favorite TV programs. Also, subscribers can make calls and surf the internet while watching TV.</span></span></h3> <h3><span style="font-size:14px"><span style="font-family:times new roman,times,serif">Broadlink is providing the service with special offer packages. The company is initially offering the service at Rs 4,000 which includes a setup box plus installation charge and one month of free subscription. Similarly, the Rs 6, 000 package of the Broad TV service includes a setup box, installation of the device and six months of free subscription.</span></span></h3> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3432', 'image' => '20160524124555_bb.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3597', 'article_category_id' => '1', 'title' => 'Business Sector Demands of Abolition of NRB Directive', 'sub_title' => '', 'summary' => 'May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do businesses.', 'content' => '<p style="text-align: justify;">May 24: The country’s business sector has demanded abolition of the recent directive issued by Nepal Rastra Bank (NRB) on consortium of old credits citing inappropriate. A meeting of Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Finance and Insurance Committee held on Monday has decided to demand abolition of the directive. The meeting concluded that the directive will lead to increase in business costs creating difficulties to do businesses.</p> <p style="text-align: justify;">NRB on 15 Nov, 2015, issuing a circular, directed Banks and Financial Institutions (BFIs) to convert multilateral banking loans worth more than Rs 500 million to consortium loans within the end of current FY. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. “Businesses will be difficult to operate if appropriate standard is not used for interest determination,” says Dinesh Shrestha, Vice Chairman of FNCCI.</p> <p style="text-align: justify;">Currently, interest rate is determined through competition and mutual understanding between banks and businesses. Businessmen say that under consortium financing, loan interest rate will be determined based on the highest interest cost of affiliated banks which will increase cost of industries.</p> <p style="text-align: justify;">“The meeting has also decided of demanding NRB a similar accreditation to drafts and documents like letters as of LC in banking system,” informs Shrestha. Additionally, the meeting has also demanded of immediate implement of revitalisation fund. The meeting stressed the government to contribute necessary money in the fund which has not been implemented even after a long time since establishment.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3431', 'image' => '20160524120343_fncce.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3596', 'article_category_id' => '34', 'title' => ' Indian Terrain Brandstore in Pulchowk', 'sub_title' => '', 'summary' => 'May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.', 'content' => '<p style="text-align: justify;">May 24: Indian Terrain, an Indian men’s wears brand, has opened its exclusive showroom in Labim Mall. “Indian Terrain has now steeped in the international market by opening its first international branch in Nepal,” said Amitabh Suri, Chief Operating Officer of the company. “The international market of Indian Terrain brand has started with this opening of outlet,” he added.</p> ', 'published' => true, 'created' => '2016-05-24', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3430', 'image' => '20160524115357_indan.jpg', 'article_date' => '2016-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3595', 'article_category_id' => '1', 'title' => 'New Honda Amaze Unveiled', 'sub_title' => '', 'summary' => 'May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per litre.', 'content' => '<p>May 23: Syakar Trading Company, the authorized distributor for Honda cars in Nepal has introduced the new Honda Amaze. “The advanced and superior CVT technology from the Earth Dreams Technology series, introduced in new Amaze, will provide better drivability as compared to the conventional automatics, higher fuel economy than Manual Transmission, along with added Comfort and Convenience of an Automatic,” informs the company in press release. According to the company, the 1.2 L i-VTEC petrol CVT variant of Honda Amaze gives fuel economy of 18.1 km per litre.</p> <p>The new Amaze incorporates new and advanced features like Integrated Bluetooth Audio System with Hands-Free Telephone (HFT), AC controls for a uniform premium look. Drivers can monitor all important trips and vehicle information including driving range, instantaneous and average fuel efficiency, ambient temperature and time from the multi-information Display (MID).</p> <p>The car was formally unveiled by Saurabh Jyoti, Chairman of Syakar Trading Company and Suhrid Jyoti, Vice- Chairman of the company amid at a meet at Honda Cars showroom, Dhobighat.</p> <p>As per the company, the new Amaze will be offered in CVT Transmission and will be available in S and VX petrol grades in 7 colors – New and Exclusive Bluish Titanium Metallic, Carnelian Red Pearl, Urban Titanium Metallic, Alabaster Silver Metallic, Golden Brown Metallic, Taffeta White and Orchid White Pearl.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '3429', 'image' => '20160523055237_honda pic.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 8 => array( 'Article' => array( 'id' => '3594', 'article_category_id' => '34', 'title' => 'Gorkha Brewery Launches Somersby Apple Cider', 'sub_title' => '', 'summary' => 'May 23: Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.', 'content' => '<p style="text-align:justify"><strong>May 23: </strong>Gorkha Brewery has launched a new refreshing drink ‘Somersby Apple Cider’ amid an event at the Hyatt Regency, Kathmandu on Sunday.</p> <p style="text-align:justify">Issuing a press release, the company informs that Somersby Apple Cider is a refreshing carbonated alcoholic drink made from fermented apple juice that contain 4.5% of alcohol. The company highlights that the drink is available in sweet taste with all natural ingredients with no artificial sweeteners, flavors or colorings.</p> <p style="text-align:justify">As per the press release, Somersby is launched exclusively in premium sector of Kathmandu and in time will cater to urban sector in various other cities within Nepal.</p> <p style="text-align:justify">“Cider is something new to the Nepali market and to the Nepali consumers,” says Deputy Managing Director, Surendra Silwal. Presently, Somersby Apple Cider is available in 250ml bottles and in packs of 12.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3428', 'image' => '20160523032549_bru.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3593', 'article_category_id' => '34', 'title' => 'VISA’s First Innovation Center in Asia', 'sub_title' => '', 'summary' => 'May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.', 'content' => '<p style="text-align:justify">May 23: Visa Inc. (NYSE: V), the global payments technology has announced the opening of its Singapore innovation centre.</p> <p style="text-align:justify">Visa Inc. (NYSE: V), the first in a network of new innovation centres that Visa is opening around the world that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories with fast, secure and reliable electronic payment. Its head office is located in San Francisco.</p> <p style="text-align:justify">Accessible to both local and global clients, the innovation centre located in Singapore will provide Visa partners’ access to Visa APIs and software developer kits (SDKs) available through the company’s Visa Developer Platform. Also, it will operate as commercial gateway.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3427', 'image' => '20160523031125_Visa_pic.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3592', 'article_category_id' => '34', 'title' => '3rd Kantipur HISSAN Edu-Fair Concluded', 'sub_title' => '', 'summary' => 'May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2 graduates.', 'content' => '<p style="text-align:justify">May 23: Third Kantipur HISSAN edu-fair organised in Bhrikutimandap, Kathmandu has concluded on Sunday. The fair was started from Thursday. The organisers informed that the fair was targeted at SLC appeared students and +2 graduates. The fair was participated by 99 colleges. In the fair, every colleges were clearing the queries of students and parents visiting their stalls. Meanwhile, few of the colleges declared scholarship for the students visiting the fair. As per to Ramesh Silwal, President of HISSAN, 2,00,000 students and parents visited the fair in four days of opening.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3426', 'image' => null, 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3591', 'article_category_id' => '1', 'title' => 'Business Sector Criticises Consortium of Old Credit', 'sub_title' => '', 'summary' => 'May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses. ', 'content' => '<p style="text-align: justify;">May 23: The country’s business sector has expressed its concern over the recent directive issued by NRB on consortium of old credits. Recently, NRB directed banks and financial institutions to mandatorily consort already issued loans. According to businessmen, the directive will lead to a 1.5-2 percent increase in their business costs. The business sector has requested NRB for flexibility in the policy as it will raise the interest cost creating difficulties to do businesses. </p> <p style="text-align: justify;">Currently, interest rate is determined through competition and mutual understanding between banks and businesses. Businessmen say that under consortium financing, loan interest rate will be determined based on the highest interest cost of affiliated banks which will increase cost of industries. “Currently, banks provide loans charging 6-10 percent in interest rates. The banks may cartel under consortium financing,” says Dinesh Shrestha, Vice Chairman of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). “The new mechanism is focused only on the risks of the banks. The central bank has not thought on possible problems that might arise due to carteling.” NRB on 15 Nov, 2015, issuing a circular, directed BFIs to convert multilateral banking loans worth more than Rs 500 million to consortium loans within the end of current FY.</p> <p style="text-align: justify;">Meanwhile, NRB has been taking tougher stance regarding the directive. “The objective behind the directive is to regulate multilateral loans. Defying the directive means accepting the continuation of dishonesty,” says Trilochan Pangeni, Spokesperson and Executive Director of NRB. He stressed that the new regulation will not be changeed in any way.</p> <p style="text-align: justify;">The business sector argues that if the regulation cannot be changed then NRB should determine new interest rates on the basis of weighted average of various interest rates on currently maintained loans. Presently, the banks are about to increase their paid-up capital, therefore immediate implementation of the directive is faulty, businesmen argue.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3425', 'image' => '20160523012108_nrb.JPG', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3590', 'article_category_id' => '34', 'title' => 'Bonus Share of Sagarmatha Finance Approved', 'sub_title' => '', 'summary' => ' May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches. ', 'content' => '<p style="text-align:justify">May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches. </p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3424', 'image' => '20160523011925_sagarmatha.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3589', 'article_category_id' => '34', 'title' => 'TATA Motors Car Mela in Itahari', 'sub_title' => '', 'summary' => 'May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.', 'content' => '<p style="text-align:justify">May 23: Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, organised the TATA Motors Car Mela at Ocean Park, Itahari. The event that was organized on 20 and 21 May was visited by more than 2500 audiences.</p> <p style="text-align:justify">According to the press statement released by the company, among the total visitors 208+ individuals were involved in the test drive of Tata Vehicles and 23 of them booked the different models of Tata vehicles while 90 of them valued their vehicle for exchange.</p> ', 'published' => true, 'created' => '2016-05-23', 'modified' => '2016-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '3423', 'image' => '20160523125608_tata.jpg', 'article_date' => '2016-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3588', 'article_category_id' => '1', 'title' => 'SBI Bank Organised Cycle Rally for Public Awareness', 'sub_title' => '', 'summary' => 'May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the valley.', 'content' => '<p style="text-align: justify;">May 22: Nepal SBI Bank has organised cycle rally on Saturday under its regular banking practice promotion and public awareness program. The program that started from Kesharmahal was also ended at Kesharmahal after circling around various parts of the valley.</p> <p style="text-align: justify;">Speaking at the occasion, V.K. Tyagi, CEO of the bank informs of continuing such banking practice promotion and public awareness program in future too. The program was participated by 70 employees of the bank.</p> <p style="text-align: justify;">Currently, the bank is serving through 72 commercial units (along with 3 regional offices). The bank is also planning to operate e-corner, cash deposit machine and mobile ATM for the convenience of its customers, informs its press release. The bank is providing banking services through 32 district level banking offices and total of 84 ATMs. </p> ', 'published' => true, 'created' => '2016-05-22', 'modified' => '2016-05-22', 'keywords' => '', 'description' => '', 'sortorder' => '3422', 'image' => '20160522055911_sbi.JPG', 'article_date' => '2016-05-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
