
May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development…
May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development…
May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062…
May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS…
May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX…
Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program…
May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned…
May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the…
May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of…
May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa.…
May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in…
May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three…
May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as…
May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to…
May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on…
May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation.…
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3526', 'article_category_id' => '1', 'title' => ' Banks Support Blood Donation Program', 'sub_title' => '', 'summary' => 'May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development Bank.', 'content' => '<p style="text-align: justify;">May 12: A blood donation program was jointly organised by two banks in Chandranigahapur, Rautahat. The program was supported by Everest Bank Limited and Infrastructure Development Bank.</p> <p style="text-align: justify;">Chandrodaye Saving and Credit Cooperative, Moon Bricks, Hotel Himalaya, Hariban and Chandrapur Guest House also participated in the program. The program was organised in association with the Community Service Committee and Community Police Service. Regional Communication Centre of Nepal Red Cross Society, Bharatpur provided technical support for the program. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3360', 'image' => '20160512122048_blood.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3525', 'article_category_id' => '1', 'title' => 'Biratlaxmi in 13th Year', 'sub_title' => '', 'summary' => 'May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.', 'content' => '<p style="text-align: justify;">May 12: Biratlaxmi Bikas Bank Limited has celebrated the completion of 12 years of its operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.</p> <p style="text-align: justify;">“The bank is preparing to meet the capital requirement either by merger or any other suitable alternatives,” said Madhav Prasad Koirala, Chairman of the bank. On the occasion, the bank also provided financial assistance to three different social organizations as a part of its corporate social responsibility. The financial institution provided Rs 60,000 to Birateswor Bridha Ashram, Rs 15,000 to Purbanchal Bal Sewa Ashram and Rs 25,000 to Manakamana Sanyas Ashram.</p> <p style="text-align: justify;">The bank has also organized a blood donation program on May 10 as a part of anniversary celebration. 21 people including staffs of the bank and well wishers donated blood in the program.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3359', 'image' => '20160512121124_virat.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3523', 'article_category_id' => '1', 'title' => 'IMS Motors Partners with Korean SsangYong', 'sub_title' => '', 'summary' => 'May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.', 'content' => '<p style="text-align:justify">May 12: IMS Group has stepped into automobile business. The group which has been the authorised distributor of Samsung smartphones for a long time has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.</p> <p style="text-align:justify"> SsangYong Motor Company is the fourth largest South Korean automobile manufacturer and has variety of model line-ups like luxury cars, SUVs, Pickup trucks, vans, trucks and buses in its product portfolio.</p> <p style="text-align:justify">According to IMS Motors, the newly opened showroom has different models of luxury cars and SUVs, including Tivoli, Korando, Rexton, Kyron and Actyon Sports. Some of the features available in Trivoli are ABS and EBD system where body frame is made out of ultra high strength steel with large boot capacity. Similarly, the Korando is featured with dual automatic a/c with active AWD lock mode system and has attractive day-time running lights and Bluetooth connectivity.</p> <p style="text-align:justify">Likewise, Rexton has seven seating arrangement with premium leather interior. It is also facilitated by three driver seat memory and impressive HID headlamps. Meanwhile, Kyron incorporates features like front dual airbags and highly reinforced ultra rigid steel frame for safety. Similarly, the SsangYong Actyon Sports comes with new sports design along with luxurious interior and durable bed liner for better protection.</p> <p style="text-align:justify">Trivoli, Korando, Rexton, Actyon sports are priced at Rs 5.37 million, Rs 7.52 million, Rs 9.97 million and Rs 5.5million respectively in the Nepali market. SsangYong has two authorised service centers located at Jwagal, Lalitpur and Ratopul, Kathmandu. IMS Motors is offering Bajaj Pulsar NS 200, Samsung Galaxy S7 Edge, Samsung 40” TV and a washing machine through scratch coupons for the first 14 ‘special’ customers.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3358', 'image' => '20160512105909_ims.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3522', 'article_category_id' => '1', 'title' => 'Aprilia Owner's Ride Concluded with Motorcycle Gymkhana', 'sub_title' => '', 'summary' => 'May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.', 'content' => '<p style="text-align: justify;">May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.</p> <p style="text-align: justify;">The company had also concluded motorcycle rally from the Aprilia motorcycle owners on April 30 that started from the Company's head office at Sano Gaucharan, Kathmandu. Other programs, motorcycle gymkhana and slow race were organised on the same day. Starting from Sano Gaucharan, the motorcycle gymkhana followed the path of Naxal, Putalisadak, Thapathali, Jawalakhel and ended in the Dhulikhel Motorland. Abiral Magar won the Motorcycle Gymkhana while Kanchha Dangol was the winner of Slow Race. Similarly, the final phase of the rally completed in Himalayan House Resort starting from Himalayan Motorland.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3357', 'image' => '20160512105403_appri.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3521', 'article_category_id' => '1', 'title' => ' AIM’S Informational Program Organised', 'sub_title' => '', 'summary' => ' Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.', 'content' => '<p style="text-align: justify;"> Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.</p> <p style="text-align: justify;">According to the press release by the Manila-based institute, the event was very well received, with over 100 attendees, including prospective students, AIM alumni, and guests.</p> <p style="text-align: justify;">During the event, alumni shared fond memories from their studies, as well as examples of how AIM helped them in their careers. The founder and president of Action Works Nepal (AWON) and recipient of multiple awards, including the 2014 Madan Puraskar Literary Award was also present in the event.</p> <p style="text-align: justify;"> AIM was founded in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders. The Institute offers five degree programs: Master in Business Administration (both full time and executive), Master of Science in Innovation and Business, Master in Entrepreneurship, and Master in Development Management. AIM which has previously held informational events in Kathmandu informed that the May 7th event was the largest to date.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3356', 'image' => '20160511045541_newbuz.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 5 => array( 'Article' => array( 'id' => '3520', 'article_category_id' => '1', 'title' => 'Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries', 'sub_title' => '', 'summary' => 'May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.', 'content' => '<p style="text-align: justify;">May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.</p> <p style="text-align: justify;">“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.</p> <p style="text-align: justify;">“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3355', 'image' => '20160511033621_20160510081030_DSCN6621.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3519', 'article_category_id' => '1', 'title' => 'Net Profit of Nepal Bank Increases 4 folds', 'sub_title' => '', 'summary' => 'May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.', 'content' => '<p style="text-align:justify">May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.</p> <p style="text-align:justify">Similarly, investment of the bank has increased by 34.37 percent to Rs 17.51 billion. Meanwhile, the bank has decreased provision for possible losses by 52.63percent to Rs 186.2 million.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3354', 'image' => '20160511025804_nepal bank.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3518', 'article_category_id' => '1', 'title' => 'Share Allocation of Mero Microfinance', 'sub_title' => '', 'summary' => 'May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.', 'content' => '<p style="text-align: justify;">May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.</p> <p style="text-align: justify;"> Investors applying for 50-500 units of shares are considered small investors. Similarly, investors applying for 501 to 2300 units of shares are considered medium investors and for 2320-10,000 units of shares are considered big investors. Mero Microfinance had received 206 times more application on its call for share applicaiton. Big investors have got minimum of 10 units to 41 units of shares. Whereas, those investors applying for more than 2320 have received 10 shares.</p> <p style="text-align: justify;">Earlier, the microfinance had floated 612,000 units of shares worth of Rs 61.2 million on which application was received for 120 million shares worth Rs 12.83 billion. Among the 612,000 units, 45,000 have been allocated for 6 mutual funds and employees of the company. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3353', 'image' => '20160511020325_mero.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3517', 'article_category_id' => '1', 'title' => 'UAE Ready to Invest in Nepal', 'sub_title' => '', 'summary' => 'May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. ', 'content' => '<p style="text-align:justify">May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector.</p> <p style="text-align:justify">Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. </p> <p style="text-align:justify">On the occasion, Al Nahyan hailed the opening of the Embassy as a milestone in the relationship between the two countries. Similarly, he expressed his confidence on the ease of visa procedures for Nepalis after the establishment of the embassy.</p> <p style="text-align:justify">DPM Thapa stated that the opening of the embassy indicated the importance given by UAE to Nepal. Thapa praised UAE’s contributions in relief and recovery operations after last year’s earthquake. </p> <p style="text-align:justify">On Tuesday, Al Nahyan held a meeting with his counterpart Thapa in a hotel in Kathmandu. He also made etiquette meetings with President Bidhya Devi Bhandari and Prime Minister KP Sharma Oli. With the opening of the embassy, UAE has appointed Sahid Hamanan Al Nakwi as the Ambassador to Nepal. Al Nakwi has yet to present his credentials to the President.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3352', 'image' => '20160511015329_UAE inagurate.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3516', 'article_category_id' => '1', 'title' => 'Carlsberg Announces Winners of “Live It LIVE!”', 'sub_title' => '', 'summary' => 'May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France.', 'content' => '<p>May 11: Carlsberg announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. “Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France,” says the company in a press statement. </p> <p>Out of thousands of coupons, one lucky consumer and 10 lucky trade partners were announced as the winners. According to the company, the winning consumer will travel to France to watch Italy vs Sweden live on June 17.”The winner will present the Carlsberg Man of the Match Award and get to enjoy UEFA club hospitality. The winner will also get a chance to take along one of his/her friends to the trip,” informs the company. </p> <p>The company added that trade partners will get the opportunity to watch Iceland vs Austria match live on June 22. One of the trade partners among the 10 trade partners will also get a chance to give away Carlsberg Man of the Match Award.</p> <p>The two-month long campaign commenced in March and was activated in around three thousand outlets across Nepal. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3351', 'image' => '20160511124551_carl.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3515', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branchless Banking Services in Darchula', 'sub_title' => '', 'summary' => 'May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.', 'content' => '<p style="text-align: justify;">May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.</p> <p style="text-align: justify;">As per the press release of the bank, the services has been started to end the hardship of local people in getting banking services. The branchless banking service will enable locals in getting secure and convenient banking services within their locality. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3350', 'image' => '20160511124138_darchula.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3514', 'article_category_id' => '1', 'title' => 'Ncell Aims to become Highest Tax Payer', 'sub_title' => '', 'summary' => 'May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.', 'content' => '<p style="text-align: justify;">May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.</p> <p style="text-align: justify;">“As of May 4, Ncell has contributed Rs 128.63 billion to the government,” said Simon Perkins, Managing Director of Ncell. Ncell is the highest taxpayer in Nepal and has contributed steadily to government coffers for FY 2012-13 and FY 2013-14. “In 2014-15 alone, Ncell paid more than NPR 28.6 Billion to the government as tax, royalty and fees,” he mentioned.</p> <p style="text-align: justify;">According to the company, In order to maintain the lead and take the company to the next level, Ncell has announced its largest ever capital expenditure spend of Rs 12 billion for the remainder of 2016, aiming to expand 3G aggressively in rural and remote areas and also to enhance quality in areas where it is already present.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3349', 'image' => '20160511122708_ncell.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3513', 'article_category_id' => '1', 'title' => 'National Hydro to Pay TDS', 'sub_title' => '', 'summary' => 'May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.', 'content' => '<p style="text-align: justify;">May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.</p> <p style="text-align: justify;">According to Rajaure, while requesting for tax revaluation earlier, collateral of Rs 10 million has already been kept. Therefore, in final report company expects reduction of Rs 10 million tax liabilities in total liabilities. In such circumstances, company expects tax reduction of Rs 20 million, thus, the remaining Rs 20 million taxes payable will be paid in instalments. Meanwhile, Rajaure clarifies that the loan amount of Rs 160 million taken from Nabil Bank has already been paid.</p> <p style="text-align: justify;">Likewise, Rajaure explains of not having any problem in repayment of loan taken to construct Lower Indrawati Hydropower Project by subsidiary company Sunkoshi Hydro. According to him, loan amount of Rs 200 million have been taken for construction of Indrawati Hydropower in guarantee of National Hydropower. He clarifies that the project do not have any trouble repaying the loan as it has Rs 470 million worth of assets including constructed infrastructure.</p> <p style="text-align: justify;">“Even if the registration of the company is cancelled, assets belong to us. New investor will have to pay for the assets. If we get the chance to build the project, we will repay the loan by income generated through electricity sales,” says Rajaure. The company informs of constructing other projects under investment of National Hydro. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3348', 'image' => '20160511115808_national.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3512', 'article_category_id' => '1', 'title' => 'Ncell Announces Company’s Largest Capex Investment', 'sub_title' => '', 'summary' => 'May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.', 'content' => '<p style="text-align: justify;">May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.</p> <p style="text-align: justify;">“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.</p> <p style="text-align: justify;">Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.</p> <p style="text-align: justify;">According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”</p> <p style="text-align: justify;">Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.</p> <p style="text-align: justify;">“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”</p> <p style="text-align: justify;">As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3347', 'image' => '20160510052025_ncell.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3511', 'article_category_id' => '1', 'title' => 'Agricultural Programs in Provincial Basis', 'sub_title' => 'Integrated Programs for Self Sufficiency of Food and Livestock Production', 'summary' => 'May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. ', 'content' => '<p style="text-align:justify">May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning to formulate programs of coming fiscal year in provincial basis. “The programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “The programs need to be centralised instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. </p> <p style="text-align:justify">In the policy and program, issue on self-sufficiency of nation through food and livestock production also acquired an important space. The policy and program also includes issues of food security, commercialisation of agriculture for employment generation within the nation and transformation of agriculture and increase in investment for modernisation and mechanisation of agriculture. In order to achieve the target, it is said that change oriented programs as per geography and environment will be brought based on comparative and competitive benefits. Similarly, programs will be launched to mark coming decade as ‘fruit decade’. Likewise, special programs will be launched by assigning pocket areas for production of foodstuffs, fruits, vegetable and herbs.</p> <p style="text-align:justify"><br /> Similarly, the programs will be centralised in which high mountainous regions will prioritise in production of fruits such as walnuts, apple and olive as well as herbs. Likewise, mid-mountainous regions will focus on production of orange, lemon, Asian pear, tea-coffee, turmeric, ginger and food crops. In the same way, food crops like rice, wheat, maize will be prioritise in tarai regions.</p> <p style="text-align:justify">The government policy encourages mechanisation of agriculture for development of collective and cooperative agriculture. The government plans to provide required agriculture technical services for the implementation of major strategies and programs under 20-years agricultural development strategies. The program and policy also include establishment of social security fund along with farmers’ participation that will covers all farmers.</p> <p style="text-align:justify">The government is also planning to provide subsidised loan in livestock farming to attract youths in agriculture and generate employment and income. Agriculture subsidy will be provided based on task performance and productivity. The government will stress on collective program including establishment of resource centre in each province and construction of Haat bazaars and modern animal slaughter. The program also highlights on broadcasting of agricultural information through mobile phones.</p> <p style="text-align:justify">The government has aimed of ensuring fertilisers, seeds, irrigation, technology and market for agricultural products. The government has planned of expanding accessibility to farmers in agricultural loans and insurance of crops and livestock. The government has also planned to coordinate with cooperatives and private sector for economic and social empowerment of small farmers.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3346', 'image' => '20160510043008_ministry-of-agriculture.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3526', 'article_category_id' => '1', 'title' => ' Banks Support Blood Donation Program', 'sub_title' => '', 'summary' => 'May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development Bank.', 'content' => '<p style="text-align: justify;">May 12: A blood donation program was jointly organised by two banks in Chandranigahapur, Rautahat. The program was supported by Everest Bank Limited and Infrastructure Development Bank.</p> <p style="text-align: justify;">Chandrodaye Saving and Credit Cooperative, Moon Bricks, Hotel Himalaya, Hariban and Chandrapur Guest House also participated in the program. The program was organised in association with the Community Service Committee and Community Police Service. Regional Communication Centre of Nepal Red Cross Society, Bharatpur provided technical support for the program. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3360', 'image' => '20160512122048_blood.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3525', 'article_category_id' => '1', 'title' => 'Biratlaxmi in 13th Year', 'sub_title' => '', 'summary' => 'May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.', 'content' => '<p style="text-align: justify;">May 12: Biratlaxmi Bikas Bank Limited has celebrated the completion of 12 years of its operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.</p> <p style="text-align: justify;">“The bank is preparing to meet the capital requirement either by merger or any other suitable alternatives,” said Madhav Prasad Koirala, Chairman of the bank. On the occasion, the bank also provided financial assistance to three different social organizations as a part of its corporate social responsibility. The financial institution provided Rs 60,000 to Birateswor Bridha Ashram, Rs 15,000 to Purbanchal Bal Sewa Ashram and Rs 25,000 to Manakamana Sanyas Ashram.</p> <p style="text-align: justify;">The bank has also organized a blood donation program on May 10 as a part of anniversary celebration. 21 people including staffs of the bank and well wishers donated blood in the program.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3359', 'image' => '20160512121124_virat.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3523', 'article_category_id' => '1', 'title' => 'IMS Motors Partners with Korean SsangYong', 'sub_title' => '', 'summary' => 'May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.', 'content' => '<p style="text-align:justify">May 12: IMS Group has stepped into automobile business. The group which has been the authorised distributor of Samsung smartphones for a long time has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.</p> <p style="text-align:justify"> SsangYong Motor Company is the fourth largest South Korean automobile manufacturer and has variety of model line-ups like luxury cars, SUVs, Pickup trucks, vans, trucks and buses in its product portfolio.</p> <p style="text-align:justify">According to IMS Motors, the newly opened showroom has different models of luxury cars and SUVs, including Tivoli, Korando, Rexton, Kyron and Actyon Sports. Some of the features available in Trivoli are ABS and EBD system where body frame is made out of ultra high strength steel with large boot capacity. Similarly, the Korando is featured with dual automatic a/c with active AWD lock mode system and has attractive day-time running lights and Bluetooth connectivity.</p> <p style="text-align:justify">Likewise, Rexton has seven seating arrangement with premium leather interior. It is also facilitated by three driver seat memory and impressive HID headlamps. Meanwhile, Kyron incorporates features like front dual airbags and highly reinforced ultra rigid steel frame for safety. Similarly, the SsangYong Actyon Sports comes with new sports design along with luxurious interior and durable bed liner for better protection.</p> <p style="text-align:justify">Trivoli, Korando, Rexton, Actyon sports are priced at Rs 5.37 million, Rs 7.52 million, Rs 9.97 million and Rs 5.5million respectively in the Nepali market. SsangYong has two authorised service centers located at Jwagal, Lalitpur and Ratopul, Kathmandu. IMS Motors is offering Bajaj Pulsar NS 200, Samsung Galaxy S7 Edge, Samsung 40” TV and a washing machine through scratch coupons for the first 14 ‘special’ customers.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3358', 'image' => '20160512105909_ims.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3522', 'article_category_id' => '1', 'title' => 'Aprilia Owner's Ride Concluded with Motorcycle Gymkhana', 'sub_title' => '', 'summary' => 'May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.', 'content' => '<p style="text-align: justify;">May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.</p> <p style="text-align: justify;">The company had also concluded motorcycle rally from the Aprilia motorcycle owners on April 30 that started from the Company's head office at Sano Gaucharan, Kathmandu. Other programs, motorcycle gymkhana and slow race were organised on the same day. Starting from Sano Gaucharan, the motorcycle gymkhana followed the path of Naxal, Putalisadak, Thapathali, Jawalakhel and ended in the Dhulikhel Motorland. Abiral Magar won the Motorcycle Gymkhana while Kanchha Dangol was the winner of Slow Race. Similarly, the final phase of the rally completed in Himalayan House Resort starting from Himalayan Motorland.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3357', 'image' => '20160512105403_appri.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3521', 'article_category_id' => '1', 'title' => ' AIM’S Informational Program Organised', 'sub_title' => '', 'summary' => ' Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.', 'content' => '<p style="text-align: justify;"> Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.</p> <p style="text-align: justify;">According to the press release by the Manila-based institute, the event was very well received, with over 100 attendees, including prospective students, AIM alumni, and guests.</p> <p style="text-align: justify;">During the event, alumni shared fond memories from their studies, as well as examples of how AIM helped them in their careers. The founder and president of Action Works Nepal (AWON) and recipient of multiple awards, including the 2014 Madan Puraskar Literary Award was also present in the event.</p> <p style="text-align: justify;"> AIM was founded in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders. The Institute offers five degree programs: Master in Business Administration (both full time and executive), Master of Science in Innovation and Business, Master in Entrepreneurship, and Master in Development Management. AIM which has previously held informational events in Kathmandu informed that the May 7th event was the largest to date.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3356', 'image' => '20160511045541_newbuz.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 5 => array( 'Article' => array( 'id' => '3520', 'article_category_id' => '1', 'title' => 'Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries', 'sub_title' => '', 'summary' => 'May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.', 'content' => '<p style="text-align: justify;">May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.</p> <p style="text-align: justify;">“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.</p> <p style="text-align: justify;">“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3355', 'image' => '20160511033621_20160510081030_DSCN6621.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3519', 'article_category_id' => '1', 'title' => 'Net Profit of Nepal Bank Increases 4 folds', 'sub_title' => '', 'summary' => 'May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.', 'content' => '<p style="text-align:justify">May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.</p> <p style="text-align:justify">Similarly, investment of the bank has increased by 34.37 percent to Rs 17.51 billion. Meanwhile, the bank has decreased provision for possible losses by 52.63percent to Rs 186.2 million.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3354', 'image' => '20160511025804_nepal bank.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3518', 'article_category_id' => '1', 'title' => 'Share Allocation of Mero Microfinance', 'sub_title' => '', 'summary' => 'May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.', 'content' => '<p style="text-align: justify;">May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.</p> <p style="text-align: justify;"> Investors applying for 50-500 units of shares are considered small investors. Similarly, investors applying for 501 to 2300 units of shares are considered medium investors and for 2320-10,000 units of shares are considered big investors. Mero Microfinance had received 206 times more application on its call for share applicaiton. Big investors have got minimum of 10 units to 41 units of shares. Whereas, those investors applying for more than 2320 have received 10 shares.</p> <p style="text-align: justify;">Earlier, the microfinance had floated 612,000 units of shares worth of Rs 61.2 million on which application was received for 120 million shares worth Rs 12.83 billion. Among the 612,000 units, 45,000 have been allocated for 6 mutual funds and employees of the company. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3353', 'image' => '20160511020325_mero.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3517', 'article_category_id' => '1', 'title' => 'UAE Ready to Invest in Nepal', 'sub_title' => '', 'summary' => 'May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. ', 'content' => '<p style="text-align:justify">May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector.</p> <p style="text-align:justify">Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. </p> <p style="text-align:justify">On the occasion, Al Nahyan hailed the opening of the Embassy as a milestone in the relationship between the two countries. Similarly, he expressed his confidence on the ease of visa procedures for Nepalis after the establishment of the embassy.</p> <p style="text-align:justify">DPM Thapa stated that the opening of the embassy indicated the importance given by UAE to Nepal. Thapa praised UAE’s contributions in relief and recovery operations after last year’s earthquake. </p> <p style="text-align:justify">On Tuesday, Al Nahyan held a meeting with his counterpart Thapa in a hotel in Kathmandu. He also made etiquette meetings with President Bidhya Devi Bhandari and Prime Minister KP Sharma Oli. With the opening of the embassy, UAE has appointed Sahid Hamanan Al Nakwi as the Ambassador to Nepal. Al Nakwi has yet to present his credentials to the President.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3352', 'image' => '20160511015329_UAE inagurate.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3516', 'article_category_id' => '1', 'title' => 'Carlsberg Announces Winners of “Live It LIVE!”', 'sub_title' => '', 'summary' => 'May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France.', 'content' => '<p>May 11: Carlsberg announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. “Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France,” says the company in a press statement. </p> <p>Out of thousands of coupons, one lucky consumer and 10 lucky trade partners were announced as the winners. According to the company, the winning consumer will travel to France to watch Italy vs Sweden live on June 17.”The winner will present the Carlsberg Man of the Match Award and get to enjoy UEFA club hospitality. The winner will also get a chance to take along one of his/her friends to the trip,” informs the company. </p> <p>The company added that trade partners will get the opportunity to watch Iceland vs Austria match live on June 22. One of the trade partners among the 10 trade partners will also get a chance to give away Carlsberg Man of the Match Award.</p> <p>The two-month long campaign commenced in March and was activated in around three thousand outlets across Nepal. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3351', 'image' => '20160511124551_carl.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3515', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branchless Banking Services in Darchula', 'sub_title' => '', 'summary' => 'May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.', 'content' => '<p style="text-align: justify;">May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.</p> <p style="text-align: justify;">As per the press release of the bank, the services has been started to end the hardship of local people in getting banking services. The branchless banking service will enable locals in getting secure and convenient banking services within their locality. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3350', 'image' => '20160511124138_darchula.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3514', 'article_category_id' => '1', 'title' => 'Ncell Aims to become Highest Tax Payer', 'sub_title' => '', 'summary' => 'May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.', 'content' => '<p style="text-align: justify;">May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.</p> <p style="text-align: justify;">“As of May 4, Ncell has contributed Rs 128.63 billion to the government,” said Simon Perkins, Managing Director of Ncell. Ncell is the highest taxpayer in Nepal and has contributed steadily to government coffers for FY 2012-13 and FY 2013-14. “In 2014-15 alone, Ncell paid more than NPR 28.6 Billion to the government as tax, royalty and fees,” he mentioned.</p> <p style="text-align: justify;">According to the company, In order to maintain the lead and take the company to the next level, Ncell has announced its largest ever capital expenditure spend of Rs 12 billion for the remainder of 2016, aiming to expand 3G aggressively in rural and remote areas and also to enhance quality in areas where it is already present.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3349', 'image' => '20160511122708_ncell.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3513', 'article_category_id' => '1', 'title' => 'National Hydro to Pay TDS', 'sub_title' => '', 'summary' => 'May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.', 'content' => '<p style="text-align: justify;">May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.</p> <p style="text-align: justify;">According to Rajaure, while requesting for tax revaluation earlier, collateral of Rs 10 million has already been kept. Therefore, in final report company expects reduction of Rs 10 million tax liabilities in total liabilities. In such circumstances, company expects tax reduction of Rs 20 million, thus, the remaining Rs 20 million taxes payable will be paid in instalments. Meanwhile, Rajaure clarifies that the loan amount of Rs 160 million taken from Nabil Bank has already been paid.</p> <p style="text-align: justify;">Likewise, Rajaure explains of not having any problem in repayment of loan taken to construct Lower Indrawati Hydropower Project by subsidiary company Sunkoshi Hydro. According to him, loan amount of Rs 200 million have been taken for construction of Indrawati Hydropower in guarantee of National Hydropower. He clarifies that the project do not have any trouble repaying the loan as it has Rs 470 million worth of assets including constructed infrastructure.</p> <p style="text-align: justify;">“Even if the registration of the company is cancelled, assets belong to us. New investor will have to pay for the assets. If we get the chance to build the project, we will repay the loan by income generated through electricity sales,” says Rajaure. The company informs of constructing other projects under investment of National Hydro. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3348', 'image' => '20160511115808_national.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3512', 'article_category_id' => '1', 'title' => 'Ncell Announces Company’s Largest Capex Investment', 'sub_title' => '', 'summary' => 'May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.', 'content' => '<p style="text-align: justify;">May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.</p> <p style="text-align: justify;">“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.</p> <p style="text-align: justify;">Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.</p> <p style="text-align: justify;">According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”</p> <p style="text-align: justify;">Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.</p> <p style="text-align: justify;">“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”</p> <p style="text-align: justify;">As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3347', 'image' => '20160510052025_ncell.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3511', 'article_category_id' => '1', 'title' => 'Agricultural Programs in Provincial Basis', 'sub_title' => 'Integrated Programs for Self Sufficiency of Food and Livestock Production', 'summary' => 'May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. ', 'content' => '<p style="text-align:justify">May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning to formulate programs of coming fiscal year in provincial basis. “The programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “The programs need to be centralised instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. </p> <p style="text-align:justify">In the policy and program, issue on self-sufficiency of nation through food and livestock production also acquired an important space. The policy and program also includes issues of food security, commercialisation of agriculture for employment generation within the nation and transformation of agriculture and increase in investment for modernisation and mechanisation of agriculture. In order to achieve the target, it is said that change oriented programs as per geography and environment will be brought based on comparative and competitive benefits. Similarly, programs will be launched to mark coming decade as ‘fruit decade’. Likewise, special programs will be launched by assigning pocket areas for production of foodstuffs, fruits, vegetable and herbs.</p> <p style="text-align:justify"><br /> Similarly, the programs will be centralised in which high mountainous regions will prioritise in production of fruits such as walnuts, apple and olive as well as herbs. Likewise, mid-mountainous regions will focus on production of orange, lemon, Asian pear, tea-coffee, turmeric, ginger and food crops. In the same way, food crops like rice, wheat, maize will be prioritise in tarai regions.</p> <p style="text-align:justify">The government policy encourages mechanisation of agriculture for development of collective and cooperative agriculture. The government plans to provide required agriculture technical services for the implementation of major strategies and programs under 20-years agricultural development strategies. The program and policy also include establishment of social security fund along with farmers’ participation that will covers all farmers.</p> <p style="text-align:justify">The government is also planning to provide subsidised loan in livestock farming to attract youths in agriculture and generate employment and income. Agriculture subsidy will be provided based on task performance and productivity. The government will stress on collective program including establishment of resource centre in each province and construction of Haat bazaars and modern animal slaughter. The program also highlights on broadcasting of agricultural information through mobile phones.</p> <p style="text-align:justify">The government has aimed of ensuring fertilisers, seeds, irrigation, technology and market for agricultural products. The government has planned of expanding accessibility to farmers in agricultural loans and insurance of crops and livestock. The government has also planned to coordinate with cooperatives and private sector for economic and social empowerment of small farmers.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3346', 'image' => '20160510043008_ministry-of-agriculture.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3526', 'article_category_id' => '1', 'title' => ' Banks Support Blood Donation Program', 'sub_title' => '', 'summary' => 'May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development Bank.', 'content' => '<p style="text-align: justify;">May 12: A blood donation program was jointly organised by two banks in Chandranigahapur, Rautahat. The program was supported by Everest Bank Limited and Infrastructure Development Bank.</p> <p style="text-align: justify;">Chandrodaye Saving and Credit Cooperative, Moon Bricks, Hotel Himalaya, Hariban and Chandrapur Guest House also participated in the program. The program was organised in association with the Community Service Committee and Community Police Service. Regional Communication Centre of Nepal Red Cross Society, Bharatpur provided technical support for the program. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3360', 'image' => '20160512122048_blood.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3525', 'article_category_id' => '1', 'title' => 'Biratlaxmi in 13th Year', 'sub_title' => '', 'summary' => 'May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.', 'content' => '<p style="text-align: justify;">May 12: Biratlaxmi Bikas Bank Limited has celebrated the completion of 12 years of its operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.</p> <p style="text-align: justify;">“The bank is preparing to meet the capital requirement either by merger or any other suitable alternatives,” said Madhav Prasad Koirala, Chairman of the bank. On the occasion, the bank also provided financial assistance to three different social organizations as a part of its corporate social responsibility. The financial institution provided Rs 60,000 to Birateswor Bridha Ashram, Rs 15,000 to Purbanchal Bal Sewa Ashram and Rs 25,000 to Manakamana Sanyas Ashram.</p> <p style="text-align: justify;">The bank has also organized a blood donation program on May 10 as a part of anniversary celebration. 21 people including staffs of the bank and well wishers donated blood in the program.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3359', 'image' => '20160512121124_virat.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3523', 'article_category_id' => '1', 'title' => 'IMS Motors Partners with Korean SsangYong', 'sub_title' => '', 'summary' => 'May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.', 'content' => '<p style="text-align:justify">May 12: IMS Group has stepped into automobile business. The group which has been the authorised distributor of Samsung smartphones for a long time has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.</p> <p style="text-align:justify"> SsangYong Motor Company is the fourth largest South Korean automobile manufacturer and has variety of model line-ups like luxury cars, SUVs, Pickup trucks, vans, trucks and buses in its product portfolio.</p> <p style="text-align:justify">According to IMS Motors, the newly opened showroom has different models of luxury cars and SUVs, including Tivoli, Korando, Rexton, Kyron and Actyon Sports. Some of the features available in Trivoli are ABS and EBD system where body frame is made out of ultra high strength steel with large boot capacity. Similarly, the Korando is featured with dual automatic a/c with active AWD lock mode system and has attractive day-time running lights and Bluetooth connectivity.</p> <p style="text-align:justify">Likewise, Rexton has seven seating arrangement with premium leather interior. It is also facilitated by three driver seat memory and impressive HID headlamps. Meanwhile, Kyron incorporates features like front dual airbags and highly reinforced ultra rigid steel frame for safety. Similarly, the SsangYong Actyon Sports comes with new sports design along with luxurious interior and durable bed liner for better protection.</p> <p style="text-align:justify">Trivoli, Korando, Rexton, Actyon sports are priced at Rs 5.37 million, Rs 7.52 million, Rs 9.97 million and Rs 5.5million respectively in the Nepali market. SsangYong has two authorised service centers located at Jwagal, Lalitpur and Ratopul, Kathmandu. IMS Motors is offering Bajaj Pulsar NS 200, Samsung Galaxy S7 Edge, Samsung 40” TV and a washing machine through scratch coupons for the first 14 ‘special’ customers.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3358', 'image' => '20160512105909_ims.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3522', 'article_category_id' => '1', 'title' => 'Aprilia Owner's Ride Concluded with Motorcycle Gymkhana', 'sub_title' => '', 'summary' => 'May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.', 'content' => '<p style="text-align: justify;">May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.</p> <p style="text-align: justify;">The company had also concluded motorcycle rally from the Aprilia motorcycle owners on April 30 that started from the Company's head office at Sano Gaucharan, Kathmandu. Other programs, motorcycle gymkhana and slow race were organised on the same day. Starting from Sano Gaucharan, the motorcycle gymkhana followed the path of Naxal, Putalisadak, Thapathali, Jawalakhel and ended in the Dhulikhel Motorland. Abiral Magar won the Motorcycle Gymkhana while Kanchha Dangol was the winner of Slow Race. Similarly, the final phase of the rally completed in Himalayan House Resort starting from Himalayan Motorland.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3357', 'image' => '20160512105403_appri.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3521', 'article_category_id' => '1', 'title' => ' AIM’S Informational Program Organised', 'sub_title' => '', 'summary' => ' Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.', 'content' => '<p style="text-align: justify;"> Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.</p> <p style="text-align: justify;">According to the press release by the Manila-based institute, the event was very well received, with over 100 attendees, including prospective students, AIM alumni, and guests.</p> <p style="text-align: justify;">During the event, alumni shared fond memories from their studies, as well as examples of how AIM helped them in their careers. The founder and president of Action Works Nepal (AWON) and recipient of multiple awards, including the 2014 Madan Puraskar Literary Award was also present in the event.</p> <p style="text-align: justify;"> AIM was founded in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders. The Institute offers five degree programs: Master in Business Administration (both full time and executive), Master of Science in Innovation and Business, Master in Entrepreneurship, and Master in Development Management. AIM which has previously held informational events in Kathmandu informed that the May 7th event was the largest to date.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3356', 'image' => '20160511045541_newbuz.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 5 => array( 'Article' => array( 'id' => '3520', 'article_category_id' => '1', 'title' => 'Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries', 'sub_title' => '', 'summary' => 'May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.', 'content' => '<p style="text-align: justify;">May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.</p> <p style="text-align: justify;">“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.</p> <p style="text-align: justify;">“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3355', 'image' => '20160511033621_20160510081030_DSCN6621.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3519', 'article_category_id' => '1', 'title' => 'Net Profit of Nepal Bank Increases 4 folds', 'sub_title' => '', 'summary' => 'May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.', 'content' => '<p style="text-align:justify">May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.</p> <p style="text-align:justify">Similarly, investment of the bank has increased by 34.37 percent to Rs 17.51 billion. Meanwhile, the bank has decreased provision for possible losses by 52.63percent to Rs 186.2 million.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3354', 'image' => '20160511025804_nepal bank.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3518', 'article_category_id' => '1', 'title' => 'Share Allocation of Mero Microfinance', 'sub_title' => '', 'summary' => 'May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.', 'content' => '<p style="text-align: justify;">May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.</p> <p style="text-align: justify;"> Investors applying for 50-500 units of shares are considered small investors. Similarly, investors applying for 501 to 2300 units of shares are considered medium investors and for 2320-10,000 units of shares are considered big investors. Mero Microfinance had received 206 times more application on its call for share applicaiton. Big investors have got minimum of 10 units to 41 units of shares. Whereas, those investors applying for more than 2320 have received 10 shares.</p> <p style="text-align: justify;">Earlier, the microfinance had floated 612,000 units of shares worth of Rs 61.2 million on which application was received for 120 million shares worth Rs 12.83 billion. Among the 612,000 units, 45,000 have been allocated for 6 mutual funds and employees of the company. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3353', 'image' => '20160511020325_mero.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3517', 'article_category_id' => '1', 'title' => 'UAE Ready to Invest in Nepal', 'sub_title' => '', 'summary' => 'May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. ', 'content' => '<p style="text-align:justify">May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector.</p> <p style="text-align:justify">Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. </p> <p style="text-align:justify">On the occasion, Al Nahyan hailed the opening of the Embassy as a milestone in the relationship between the two countries. Similarly, he expressed his confidence on the ease of visa procedures for Nepalis after the establishment of the embassy.</p> <p style="text-align:justify">DPM Thapa stated that the opening of the embassy indicated the importance given by UAE to Nepal. Thapa praised UAE’s contributions in relief and recovery operations after last year’s earthquake. </p> <p style="text-align:justify">On Tuesday, Al Nahyan held a meeting with his counterpart Thapa in a hotel in Kathmandu. He also made etiquette meetings with President Bidhya Devi Bhandari and Prime Minister KP Sharma Oli. With the opening of the embassy, UAE has appointed Sahid Hamanan Al Nakwi as the Ambassador to Nepal. Al Nakwi has yet to present his credentials to the President.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3352', 'image' => '20160511015329_UAE inagurate.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3516', 'article_category_id' => '1', 'title' => 'Carlsberg Announces Winners of “Live It LIVE!”', 'sub_title' => '', 'summary' => 'May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France.', 'content' => '<p>May 11: Carlsberg announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. “Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France,” says the company in a press statement. </p> <p>Out of thousands of coupons, one lucky consumer and 10 lucky trade partners were announced as the winners. According to the company, the winning consumer will travel to France to watch Italy vs Sweden live on June 17.”The winner will present the Carlsberg Man of the Match Award and get to enjoy UEFA club hospitality. The winner will also get a chance to take along one of his/her friends to the trip,” informs the company. </p> <p>The company added that trade partners will get the opportunity to watch Iceland vs Austria match live on June 22. One of the trade partners among the 10 trade partners will also get a chance to give away Carlsberg Man of the Match Award.</p> <p>The two-month long campaign commenced in March and was activated in around three thousand outlets across Nepal. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3351', 'image' => '20160511124551_carl.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3515', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branchless Banking Services in Darchula', 'sub_title' => '', 'summary' => 'May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.', 'content' => '<p style="text-align: justify;">May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.</p> <p style="text-align: justify;">As per the press release of the bank, the services has been started to end the hardship of local people in getting banking services. The branchless banking service will enable locals in getting secure and convenient banking services within their locality. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3350', 'image' => '20160511124138_darchula.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3514', 'article_category_id' => '1', 'title' => 'Ncell Aims to become Highest Tax Payer', 'sub_title' => '', 'summary' => 'May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.', 'content' => '<p style="text-align: justify;">May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.</p> <p style="text-align: justify;">“As of May 4, Ncell has contributed Rs 128.63 billion to the government,” said Simon Perkins, Managing Director of Ncell. Ncell is the highest taxpayer in Nepal and has contributed steadily to government coffers for FY 2012-13 and FY 2013-14. “In 2014-15 alone, Ncell paid more than NPR 28.6 Billion to the government as tax, royalty and fees,” he mentioned.</p> <p style="text-align: justify;">According to the company, In order to maintain the lead and take the company to the next level, Ncell has announced its largest ever capital expenditure spend of Rs 12 billion for the remainder of 2016, aiming to expand 3G aggressively in rural and remote areas and also to enhance quality in areas where it is already present.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3349', 'image' => '20160511122708_ncell.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3513', 'article_category_id' => '1', 'title' => 'National Hydro to Pay TDS', 'sub_title' => '', 'summary' => 'May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.', 'content' => '<p style="text-align: justify;">May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.</p> <p style="text-align: justify;">According to Rajaure, while requesting for tax revaluation earlier, collateral of Rs 10 million has already been kept. Therefore, in final report company expects reduction of Rs 10 million tax liabilities in total liabilities. In such circumstances, company expects tax reduction of Rs 20 million, thus, the remaining Rs 20 million taxes payable will be paid in instalments. Meanwhile, Rajaure clarifies that the loan amount of Rs 160 million taken from Nabil Bank has already been paid.</p> <p style="text-align: justify;">Likewise, Rajaure explains of not having any problem in repayment of loan taken to construct Lower Indrawati Hydropower Project by subsidiary company Sunkoshi Hydro. According to him, loan amount of Rs 200 million have been taken for construction of Indrawati Hydropower in guarantee of National Hydropower. He clarifies that the project do not have any trouble repaying the loan as it has Rs 470 million worth of assets including constructed infrastructure.</p> <p style="text-align: justify;">“Even if the registration of the company is cancelled, assets belong to us. New investor will have to pay for the assets. If we get the chance to build the project, we will repay the loan by income generated through electricity sales,” says Rajaure. The company informs of constructing other projects under investment of National Hydro. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3348', 'image' => '20160511115808_national.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3512', 'article_category_id' => '1', 'title' => 'Ncell Announces Company’s Largest Capex Investment', 'sub_title' => '', 'summary' => 'May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.', 'content' => '<p style="text-align: justify;">May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.</p> <p style="text-align: justify;">“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.</p> <p style="text-align: justify;">Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.</p> <p style="text-align: justify;">According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”</p> <p style="text-align: justify;">Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.</p> <p style="text-align: justify;">“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”</p> <p style="text-align: justify;">As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3347', 'image' => '20160510052025_ncell.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3511', 'article_category_id' => '1', 'title' => 'Agricultural Programs in Provincial Basis', 'sub_title' => 'Integrated Programs for Self Sufficiency of Food and Livestock Production', 'summary' => 'May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. ', 'content' => '<p style="text-align:justify">May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning to formulate programs of coming fiscal year in provincial basis. “The programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “The programs need to be centralised instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. </p> <p style="text-align:justify">In the policy and program, issue on self-sufficiency of nation through food and livestock production also acquired an important space. The policy and program also includes issues of food security, commercialisation of agriculture for employment generation within the nation and transformation of agriculture and increase in investment for modernisation and mechanisation of agriculture. In order to achieve the target, it is said that change oriented programs as per geography and environment will be brought based on comparative and competitive benefits. Similarly, programs will be launched to mark coming decade as ‘fruit decade’. Likewise, special programs will be launched by assigning pocket areas for production of foodstuffs, fruits, vegetable and herbs.</p> <p style="text-align:justify"><br /> Similarly, the programs will be centralised in which high mountainous regions will prioritise in production of fruits such as walnuts, apple and olive as well as herbs. Likewise, mid-mountainous regions will focus on production of orange, lemon, Asian pear, tea-coffee, turmeric, ginger and food crops. In the same way, food crops like rice, wheat, maize will be prioritise in tarai regions.</p> <p style="text-align:justify">The government policy encourages mechanisation of agriculture for development of collective and cooperative agriculture. The government plans to provide required agriculture technical services for the implementation of major strategies and programs under 20-years agricultural development strategies. The program and policy also include establishment of social security fund along with farmers’ participation that will covers all farmers.</p> <p style="text-align:justify">The government is also planning to provide subsidised loan in livestock farming to attract youths in agriculture and generate employment and income. Agriculture subsidy will be provided based on task performance and productivity. The government will stress on collective program including establishment of resource centre in each province and construction of Haat bazaars and modern animal slaughter. The program also highlights on broadcasting of agricultural information through mobile phones.</p> <p style="text-align:justify">The government has aimed of ensuring fertilisers, seeds, irrigation, technology and market for agricultural products. The government has planned of expanding accessibility to farmers in agricultural loans and insurance of crops and livestock. The government has also planned to coordinate with cooperatives and private sector for economic and social empowerment of small farmers.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3346', 'image' => '20160510043008_ministry-of-agriculture.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3526', 'article_category_id' => '1', 'title' => ' Banks Support Blood Donation Program', 'sub_title' => '', 'summary' => 'May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development Bank.', 'content' => '<p style="text-align: justify;">May 12: A blood donation program was jointly organised by two banks in Chandranigahapur, Rautahat. The program was supported by Everest Bank Limited and Infrastructure Development Bank.</p> <p style="text-align: justify;">Chandrodaye Saving and Credit Cooperative, Moon Bricks, Hotel Himalaya, Hariban and Chandrapur Guest House also participated in the program. The program was organised in association with the Community Service Committee and Community Police Service. Regional Communication Centre of Nepal Red Cross Society, Bharatpur provided technical support for the program. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3360', 'image' => '20160512122048_blood.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3525', 'article_category_id' => '1', 'title' => 'Biratlaxmi in 13th Year', 'sub_title' => '', 'summary' => 'May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.', 'content' => '<p style="text-align: justify;">May 12: Biratlaxmi Bikas Bank Limited has celebrated the completion of 12 years of its operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.</p> <p style="text-align: justify;">“The bank is preparing to meet the capital requirement either by merger or any other suitable alternatives,” said Madhav Prasad Koirala, Chairman of the bank. On the occasion, the bank also provided financial assistance to three different social organizations as a part of its corporate social responsibility. The financial institution provided Rs 60,000 to Birateswor Bridha Ashram, Rs 15,000 to Purbanchal Bal Sewa Ashram and Rs 25,000 to Manakamana Sanyas Ashram.</p> <p style="text-align: justify;">The bank has also organized a blood donation program on May 10 as a part of anniversary celebration. 21 people including staffs of the bank and well wishers donated blood in the program.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3359', 'image' => '20160512121124_virat.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3523', 'article_category_id' => '1', 'title' => 'IMS Motors Partners with Korean SsangYong', 'sub_title' => '', 'summary' => 'May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.', 'content' => '<p style="text-align:justify">May 12: IMS Group has stepped into automobile business. The group which has been the authorised distributor of Samsung smartphones for a long time has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.</p> <p style="text-align:justify"> SsangYong Motor Company is the fourth largest South Korean automobile manufacturer and has variety of model line-ups like luxury cars, SUVs, Pickup trucks, vans, trucks and buses in its product portfolio.</p> <p style="text-align:justify">According to IMS Motors, the newly opened showroom has different models of luxury cars and SUVs, including Tivoli, Korando, Rexton, Kyron and Actyon Sports. Some of the features available in Trivoli are ABS and EBD system where body frame is made out of ultra high strength steel with large boot capacity. Similarly, the Korando is featured with dual automatic a/c with active AWD lock mode system and has attractive day-time running lights and Bluetooth connectivity.</p> <p style="text-align:justify">Likewise, Rexton has seven seating arrangement with premium leather interior. It is also facilitated by three driver seat memory and impressive HID headlamps. Meanwhile, Kyron incorporates features like front dual airbags and highly reinforced ultra rigid steel frame for safety. Similarly, the SsangYong Actyon Sports comes with new sports design along with luxurious interior and durable bed liner for better protection.</p> <p style="text-align:justify">Trivoli, Korando, Rexton, Actyon sports are priced at Rs 5.37 million, Rs 7.52 million, Rs 9.97 million and Rs 5.5million respectively in the Nepali market. SsangYong has two authorised service centers located at Jwagal, Lalitpur and Ratopul, Kathmandu. IMS Motors is offering Bajaj Pulsar NS 200, Samsung Galaxy S7 Edge, Samsung 40” TV and a washing machine through scratch coupons for the first 14 ‘special’ customers.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3358', 'image' => '20160512105909_ims.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3522', 'article_category_id' => '1', 'title' => 'Aprilia Owner's Ride Concluded with Motorcycle Gymkhana', 'sub_title' => '', 'summary' => 'May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.', 'content' => '<p style="text-align: justify;">May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.</p> <p style="text-align: justify;">The company had also concluded motorcycle rally from the Aprilia motorcycle owners on April 30 that started from the Company's head office at Sano Gaucharan, Kathmandu. Other programs, motorcycle gymkhana and slow race were organised on the same day. Starting from Sano Gaucharan, the motorcycle gymkhana followed the path of Naxal, Putalisadak, Thapathali, Jawalakhel and ended in the Dhulikhel Motorland. Abiral Magar won the Motorcycle Gymkhana while Kanchha Dangol was the winner of Slow Race. Similarly, the final phase of the rally completed in Himalayan House Resort starting from Himalayan Motorland.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3357', 'image' => '20160512105403_appri.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3521', 'article_category_id' => '1', 'title' => ' AIM’S Informational Program Organised', 'sub_title' => '', 'summary' => ' Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.', 'content' => '<p style="text-align: justify;"> Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.</p> <p style="text-align: justify;">According to the press release by the Manila-based institute, the event was very well received, with over 100 attendees, including prospective students, AIM alumni, and guests.</p> <p style="text-align: justify;">During the event, alumni shared fond memories from their studies, as well as examples of how AIM helped them in their careers. The founder and president of Action Works Nepal (AWON) and recipient of multiple awards, including the 2014 Madan Puraskar Literary Award was also present in the event.</p> <p style="text-align: justify;"> AIM was founded in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders. The Institute offers five degree programs: Master in Business Administration (both full time and executive), Master of Science in Innovation and Business, Master in Entrepreneurship, and Master in Development Management. AIM which has previously held informational events in Kathmandu informed that the May 7th event was the largest to date.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3356', 'image' => '20160511045541_newbuz.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 5 => array( 'Article' => array( 'id' => '3520', 'article_category_id' => '1', 'title' => 'Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries', 'sub_title' => '', 'summary' => 'May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.', 'content' => '<p style="text-align: justify;">May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.</p> <p style="text-align: justify;">“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.</p> <p style="text-align: justify;">“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3355', 'image' => '20160511033621_20160510081030_DSCN6621.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3519', 'article_category_id' => '1', 'title' => 'Net Profit of Nepal Bank Increases 4 folds', 'sub_title' => '', 'summary' => 'May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.', 'content' => '<p style="text-align:justify">May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.</p> <p style="text-align:justify">Similarly, investment of the bank has increased by 34.37 percent to Rs 17.51 billion. Meanwhile, the bank has decreased provision for possible losses by 52.63percent to Rs 186.2 million.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3354', 'image' => '20160511025804_nepal bank.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3518', 'article_category_id' => '1', 'title' => 'Share Allocation of Mero Microfinance', 'sub_title' => '', 'summary' => 'May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.', 'content' => '<p style="text-align: justify;">May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.</p> <p style="text-align: justify;"> Investors applying for 50-500 units of shares are considered small investors. Similarly, investors applying for 501 to 2300 units of shares are considered medium investors and for 2320-10,000 units of shares are considered big investors. Mero Microfinance had received 206 times more application on its call for share applicaiton. Big investors have got minimum of 10 units to 41 units of shares. Whereas, those investors applying for more than 2320 have received 10 shares.</p> <p style="text-align: justify;">Earlier, the microfinance had floated 612,000 units of shares worth of Rs 61.2 million on which application was received for 120 million shares worth Rs 12.83 billion. Among the 612,000 units, 45,000 have been allocated for 6 mutual funds and employees of the company. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3353', 'image' => '20160511020325_mero.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3517', 'article_category_id' => '1', 'title' => 'UAE Ready to Invest in Nepal', 'sub_title' => '', 'summary' => 'May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. ', 'content' => '<p style="text-align:justify">May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector.</p> <p style="text-align:justify">Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. </p> <p style="text-align:justify">On the occasion, Al Nahyan hailed the opening of the Embassy as a milestone in the relationship between the two countries. Similarly, he expressed his confidence on the ease of visa procedures for Nepalis after the establishment of the embassy.</p> <p style="text-align:justify">DPM Thapa stated that the opening of the embassy indicated the importance given by UAE to Nepal. Thapa praised UAE’s contributions in relief and recovery operations after last year’s earthquake. </p> <p style="text-align:justify">On Tuesday, Al Nahyan held a meeting with his counterpart Thapa in a hotel in Kathmandu. He also made etiquette meetings with President Bidhya Devi Bhandari and Prime Minister KP Sharma Oli. With the opening of the embassy, UAE has appointed Sahid Hamanan Al Nakwi as the Ambassador to Nepal. Al Nakwi has yet to present his credentials to the President.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3352', 'image' => '20160511015329_UAE inagurate.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3516', 'article_category_id' => '1', 'title' => 'Carlsberg Announces Winners of “Live It LIVE!”', 'sub_title' => '', 'summary' => 'May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France.', 'content' => '<p>May 11: Carlsberg announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. “Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France,” says the company in a press statement. </p> <p>Out of thousands of coupons, one lucky consumer and 10 lucky trade partners were announced as the winners. According to the company, the winning consumer will travel to France to watch Italy vs Sweden live on June 17.”The winner will present the Carlsberg Man of the Match Award and get to enjoy UEFA club hospitality. The winner will also get a chance to take along one of his/her friends to the trip,” informs the company. </p> <p>The company added that trade partners will get the opportunity to watch Iceland vs Austria match live on June 22. One of the trade partners among the 10 trade partners will also get a chance to give away Carlsberg Man of the Match Award.</p> <p>The two-month long campaign commenced in March and was activated in around three thousand outlets across Nepal. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3351', 'image' => '20160511124551_carl.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3515', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branchless Banking Services in Darchula', 'sub_title' => '', 'summary' => 'May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.', 'content' => '<p style="text-align: justify;">May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.</p> <p style="text-align: justify;">As per the press release of the bank, the services has been started to end the hardship of local people in getting banking services. The branchless banking service will enable locals in getting secure and convenient banking services within their locality. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3350', 'image' => '20160511124138_darchula.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3514', 'article_category_id' => '1', 'title' => 'Ncell Aims to become Highest Tax Payer', 'sub_title' => '', 'summary' => 'May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.', 'content' => '<p style="text-align: justify;">May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.</p> <p style="text-align: justify;">“As of May 4, Ncell has contributed Rs 128.63 billion to the government,” said Simon Perkins, Managing Director of Ncell. Ncell is the highest taxpayer in Nepal and has contributed steadily to government coffers for FY 2012-13 and FY 2013-14. “In 2014-15 alone, Ncell paid more than NPR 28.6 Billion to the government as tax, royalty and fees,” he mentioned.</p> <p style="text-align: justify;">According to the company, In order to maintain the lead and take the company to the next level, Ncell has announced its largest ever capital expenditure spend of Rs 12 billion for the remainder of 2016, aiming to expand 3G aggressively in rural and remote areas and also to enhance quality in areas where it is already present.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3349', 'image' => '20160511122708_ncell.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3513', 'article_category_id' => '1', 'title' => 'National Hydro to Pay TDS', 'sub_title' => '', 'summary' => 'May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.', 'content' => '<p style="text-align: justify;">May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.</p> <p style="text-align: justify;">According to Rajaure, while requesting for tax revaluation earlier, collateral of Rs 10 million has already been kept. Therefore, in final report company expects reduction of Rs 10 million tax liabilities in total liabilities. In such circumstances, company expects tax reduction of Rs 20 million, thus, the remaining Rs 20 million taxes payable will be paid in instalments. Meanwhile, Rajaure clarifies that the loan amount of Rs 160 million taken from Nabil Bank has already been paid.</p> <p style="text-align: justify;">Likewise, Rajaure explains of not having any problem in repayment of loan taken to construct Lower Indrawati Hydropower Project by subsidiary company Sunkoshi Hydro. According to him, loan amount of Rs 200 million have been taken for construction of Indrawati Hydropower in guarantee of National Hydropower. He clarifies that the project do not have any trouble repaying the loan as it has Rs 470 million worth of assets including constructed infrastructure.</p> <p style="text-align: justify;">“Even if the registration of the company is cancelled, assets belong to us. New investor will have to pay for the assets. If we get the chance to build the project, we will repay the loan by income generated through electricity sales,” says Rajaure. The company informs of constructing other projects under investment of National Hydro. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3348', 'image' => '20160511115808_national.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3512', 'article_category_id' => '1', 'title' => 'Ncell Announces Company’s Largest Capex Investment', 'sub_title' => '', 'summary' => 'May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.', 'content' => '<p style="text-align: justify;">May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.</p> <p style="text-align: justify;">“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.</p> <p style="text-align: justify;">Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.</p> <p style="text-align: justify;">According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”</p> <p style="text-align: justify;">Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.</p> <p style="text-align: justify;">“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”</p> <p style="text-align: justify;">As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3347', 'image' => '20160510052025_ncell.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3511', 'article_category_id' => '1', 'title' => 'Agricultural Programs in Provincial Basis', 'sub_title' => 'Integrated Programs for Self Sufficiency of Food and Livestock Production', 'summary' => 'May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. ', 'content' => '<p style="text-align:justify">May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning to formulate programs of coming fiscal year in provincial basis. “The programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “The programs need to be centralised instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. </p> <p style="text-align:justify">In the policy and program, issue on self-sufficiency of nation through food and livestock production also acquired an important space. The policy and program also includes issues of food security, commercialisation of agriculture for employment generation within the nation and transformation of agriculture and increase in investment for modernisation and mechanisation of agriculture. In order to achieve the target, it is said that change oriented programs as per geography and environment will be brought based on comparative and competitive benefits. Similarly, programs will be launched to mark coming decade as ‘fruit decade’. Likewise, special programs will be launched by assigning pocket areas for production of foodstuffs, fruits, vegetable and herbs.</p> <p style="text-align:justify"><br /> Similarly, the programs will be centralised in which high mountainous regions will prioritise in production of fruits such as walnuts, apple and olive as well as herbs. Likewise, mid-mountainous regions will focus on production of orange, lemon, Asian pear, tea-coffee, turmeric, ginger and food crops. In the same way, food crops like rice, wheat, maize will be prioritise in tarai regions.</p> <p style="text-align:justify">The government policy encourages mechanisation of agriculture for development of collective and cooperative agriculture. The government plans to provide required agriculture technical services for the implementation of major strategies and programs under 20-years agricultural development strategies. The program and policy also include establishment of social security fund along with farmers’ participation that will covers all farmers.</p> <p style="text-align:justify">The government is also planning to provide subsidised loan in livestock farming to attract youths in agriculture and generate employment and income. Agriculture subsidy will be provided based on task performance and productivity. The government will stress on collective program including establishment of resource centre in each province and construction of Haat bazaars and modern animal slaughter. The program also highlights on broadcasting of agricultural information through mobile phones.</p> <p style="text-align:justify">The government has aimed of ensuring fertilisers, seeds, irrigation, technology and market for agricultural products. The government has planned of expanding accessibility to farmers in agricultural loans and insurance of crops and livestock. The government has also planned to coordinate with cooperatives and private sector for economic and social empowerment of small farmers.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3346', 'image' => '20160510043008_ministry-of-agriculture.jpg', 'article_date' => '2016-05-10 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