Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '3173',
			'article_category_id' => '1',
			'title' => 'Sajha Yatayat to add 30 new large-sized buses',
			'sub_title' => '',
			'summary' => 'March 25: Sajha Yatayat that is operating international standard public buses for Kathmanduties, is adding 30 new large-sized public buses in its fleet with the investment of Kathmandu Municipality worth of Rs100 million.',
			'content' => '<p>March 25: Sajha Yatayat that is operating international standard public buses for Kathmanduties, is adding 30 new large-sized public buses in its fleet with the investment of Kathmandu Municipality worth of Rs100 million.</p>

<p>Kanak Mani Dixit, Chairman of Sajha Yatayat and Gaurav Kumar, representative of Ashok Leyland signed an agreement on Thursday for bringing the buses. In a bid to manage Kathmandu Valley&rsquo;s transportation with large sized public buses, KMC invested its fund in Sajha Yatayat. Manager of Sajha Yatayat Mahendra Raj Pandey informed that the buses will be disabled-friendly with capacity of 40 seats and, including passengers who stand up, a total of 80 people can travel in the bus at a time.</p>

<p>Sajha had called global tender for purchase of new buses in last Mangsir. Among two interested companies, Ashok Leyland succeeded to acquire the tender.</p>

<p>&ldquo;Sajha is already into LC opening process to purchase bus, new buses will arrive in five months,&rdquo; says Pandey.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-25',
			'modified' => '2016-03-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3012',
			'image' => '20160325105020_Clipboard12.jpg',
			'article_date' => '2016-03-25 00:00:00',
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			'id' => '3174',
			'article_category_id' => '1',
			'title' => 'Mou Signing Ceremony between Gurans Life & Prabhu Bank',
			'sub_title' => '',
			'summary' => 'March 25: Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service to facilitate the life insurance requirement of the Bank’s customers. ',
			'content' => '<p>March 25: Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service to facilitate the life insurance requirement of the Bank&rsquo;s customers.&nbsp;</p>

<p>Mr. Narayan Kumar Bhattarai, Deputy General Manager, Gurans Life Insurance Company Limited, and Mr. Ashok Sherchan, Chief Executive Officer of Prabhu Bank Limited signed an agreement on 21st March 2016, Monday.</p>

<p>As per the agreement, bank will insure its customer&rsquo;s life as required to safeguard its&rsquo; customer as well as loan amount in co-ordination with Gurans Life Insurance. Meanwhile, Gurans life will provide services through insurance schemes such as annual cash return plan, term life insurance, Jeevan shree and Jeevan Rakshayk.</p>
',
			'published' => true,
			'created' => '2016-03-25',
			'modified' => '2016-03-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3011',
			'image' => '20160325105155_Clipboard04.jpg',
			'article_date' => '2016-03-25 00:00:00',
			'homepage' => false,
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			'id' => '3172',
			'article_category_id' => '1',
			'title' => 'Integrated transaction of City development and Om Finance to commence from Chaitra 22',
			'sub_title' => '',
			'summary' => 'March 24: Integrated transaction of merged entity of City development Bank ltd and Om finance limited is going to start on Chaitra 22. Earlier, NRB approved merger process of these two companies on Chaitra 3.',
			'content' => '<p>March 24: Integrated transaction of merged entity of City development Bank ltd and Om finance limited is going to start on Chaitra 22. Earlier, NRB approved merger process of these two companies on Chaitra 3.</p>

<p>According to the press release, merged entity will be functioning as national level development bank with new name &ldquo;Om Development Bank Ltd&rdquo;. Sushil Kumar Goshali, Chairman of Om Finance will be the Chairperson of the newly merged company. In the integrated entity,&nbsp; Bishwo Mohan Adhikari, CEO of City Development Bank will be serving as CEO while Budhi Kumar Malla, CEO of Om Finance will be serving as deputy CEO.</p>

<p>After integrated transactions, bank&rsquo;s paid up capital will totaled Rs. 1.05 billion, deposit Rs. 10.9 million and loan investment Rs. 9.08 million. Similarly, bank will have 25 branches, 3 ATMs, 219 employees and nearly 100 thousands customers. &ldquo;Total no of shareholders reaches 16,275&rdquo;, says Bishwo Mohan Adhikari, CEO of City development Bank.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3010',
			'image' => '20160324052338_omncity.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '3171',
			'article_category_id' => '1',
			'title' => 'Trading in OTC market begins',
			'sub_title' => '',
			'summary' => 'March 24: Trading of Maruti Cement Limited has taken place in Over the Counter (OTC) market for the first time. “On Monday, the company’s 693,200 unit shares were traded in the OTC market,” informs Narayan Prasad Timilsina, senior officer of OTC market. He adds, “Several other companies are also in the pipeline.”',
			'content' => '<p>March 24: Trading of Maruti Cement Limited has taken place in Over the Counter (OTC) market for the first time. &ldquo;On Monday, the company&rsquo;s 693,200 unit shares were traded in the OTC market,&rdquo; informs Narayan Prasad Timilsina, senior officer of OTC market. He adds, &ldquo;Several other companies are also in the pipeline.&rdquo;</p>

<p>Previously, trading of shares of the companies registered in the Company Registrar Office but not listed in securities market were carried out directly from Registrar Office as per decisions of board of directors of the companies.&nbsp; However, the Company Registrar Office issued a circular few weeks back regarding the ownership transfer of shares of such companies. As per the circular, ownership transfer and trading of shares of such companies was made mandatory to be transacted in the OTC market.</p>

<p>&ldquo;Following the directive, Maruti company&rsquo;s shares are traded in OTC market for the first time&rdquo;, says Timilsina. Furthermore, he informs that Hathaway Investment Company and Global IME Bank have also initiated registration process in the market. &ldquo;Other several companies are inquiring about it,&rdquo; he adds.</p>

<p>According to OTC Market Operation Bylaws 2065, ownership transfer and trading of shares of companies should be carried out in the market. After the circular, public companies along with hundreds of other companies that are not listed in securities market are forced to trade in the OTC market. &ldquo;Share owners need to pay capital gain tax while trading in OTC market which will increase government revenue,&rdquo; mentions Timilsina, adding, &ldquo;Trading in OTC market will result transparency.&rdquo;</p>

<p>Transactions through OTC market are free of cost. Registration of the companies is also free in the OTC market. But in case of capital gain, capital gain tax is payable to the government. According to OTC market operation bylaws 7, natural person need to pay 5 percent tax, while corporate person need to pay 10 percent tax on capital gain. &ldquo;Government is losing billion of revenue as public limited companies are not trading through OTC market,&rdquo; says Timilsina.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3009',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '3170',
			'article_category_id' => '1',
			'title' => 'ICRA grants grade-3 for right shares of Citizen’s bank',
			'sub_title' => '',
			'summary' => 'March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders. ',
			'content' => '',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => 'March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders. 
Meanwhile, bank informs that the process of right share issuance is in final stage in SEBON. Bank is preparing to float right shares from Baisakh, 2073.  
',
			'sortorder' => '3008',
			'image' => '20160324045231_citizen.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '15'
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	(int) 5 => array(
		'Article' => array(
			'id' => '3169',
			'article_category_id' => '1',
			'title' => '  80 percent preparations completed for Handicraft Fair ',
			'sub_title' => '',
			'summary' => 'March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre (TEPC)."',
			'content' => '<p>March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre (TEPC).&quot; Almost all preparations for the fair is complete,&quot; says President of FHAN, Dharmaraj Shakya. According to Shakya, 75 percent stalls have already been booked and more than 40 buyers are confirmed to participate in the fair. &ldquo;35 buyers from China, 20 from India, Bangladesh and Sri Lanka, and European countries are expected to participate in the event,&rdquo; he informs.&nbsp;</p>

<p>FHAN is organizing the fair with an aim to popularise and promote Nepal-made handicraft products in the domestic and International markets. The fair will include handicraft products from more than 45 districts of the country. The fair will have more than 200 stalls and also include products from China, Bangladesh, Bhutan, India, Pakistan and Sri Lanka. The fair is expected to attract 300,000 visitors with business of around Rs 100 million.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3007',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '3168',
			'article_category_id' => '1',
			'title' => '309 students barred from SLC exam due to attendance',
			'sub_title' => '',
			'summary' => 'March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance. ',
			'content' => '<p>March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance.&nbsp;</p>

<p>According to the Assistant District Education Officer Ganesh Adhikari, a total of 16,985 students from various 104 secondary schools are appearing in the SLC exam this year. Of them 2,285 are girls and rest 1,197 are boys.&nbsp;</p>

<p>Last year a total of 717 students were denied taking the exam, also popularly known as the &#39;Iron Gate&#39; among the students. &nbsp;The exam, which lasts through more than a week, is going to start from March 31.&nbsp;</p>

<p>According to data of education office, this year 13,497 regular students are appearing in the exam in which 6,456 are boys and 7,041 are girls. Similarly, 3,482 exempted students are also appearing this year&rsquo;s SLC exam in which 1,197 are boys and 2,285 are girls. RSS</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3006',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
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	(int) 7 => array(
		'Article' => array(
			'id' => '3167',
			'article_category_id' => '34',
			'title' => 'Kathmandu Finance Ltd & Gurkha Development Bank Ltd to start joint operation as Gurkhas Finance ',
			'sub_title' => '',
			'summary' => 'March 24: Annual General Meeting of Kathmandu Finance Limited (KFL) and Gurkha Development Bank Limited (GDBNL) has endorsed the merger proposal. The merged entity of KFL and GDBNL is named Gurkhas Finance Limited and will be starting its integrated business from Chaitra 28.',
			'content' => '<p>March 24: Annual General Meeting of Kathmandu Finance Limited (KFL) and Gurkha Development Bank Limited (GDBNL) has endorsed the merger proposal.</p>

<p>The merged entity of KFL and GDBNL is named Gurkhas Finance Limited and will be starting its integrated business from Chaitra 28.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3005',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '11'
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	(int) 8 => array(
		'Article' => array(
			'id' => '3166',
			'article_category_id' => '34',
			'title' => 'NMB Sulav Investment Fund-1 NAV increases to Rs 14.97',
			'sub_title' => '',
			'summary' => 'March 24: NMB Sulav Investment Fund – 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited. ',
			'content' => '<p>March 24: NMB Sulav Investment Fund &ndash; 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank&rsquo;s subsidiary NMB Capital Limited. &nbsp;NMBSF-1 has reported negligible rise in net asset value (NAV) of Rs. 14.97 at the end of Falgun which is a slight increase of Rs. 0.8 from Rs 14.17 reported at the end of Magh.&nbsp;</p>

<p>During the period, total income of the company amounted to Rs. 7.52 million while outstanding income totaled Rs. 1.99 million. &nbsp;NMBSF-1 reported net profit of Rs 6.47 crore for the month of Falgun up from Rs 5.21 crore in the month Magh.</p>

<p>Out of its total investment in listed shares, NMBSF-1 has bought the highest, 639,687 unit shares of Nabil Balance Fund-1.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3004',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '11'
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	(int) 9 => array(
		'Article' => array(
			'id' => '3165',
			'article_category_id' => '34',
			'title' => 'Adjusted price of Siddhartha Insurance',
			'sub_title' => '',
			'summary' => 'March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs. 813.',
			'content' => '<p>March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs. 813.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3003',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '3164',
			'article_category_id' => '1',
			'title' => 'Prince Harry extends Nepal stay for 6 days',
			'sub_title' => '',
			'summary' => 'March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday. In his speech before wrapping up his official tour of Nepal, Prince Harry announced he'll be staying in the country for the next week to work on an earthquake relief project. ',
			'content' => '<p>March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday.</p>

<p>In his speech before wrapping up his official tour of Nepal, Prince Harry announced he&#39;ll be staying in the country for the next week to work on an earthquake relief project.&nbsp;</p>

<p>Prince Harry will be spending the next 6 days with Team Rubicon UK working with the community to rebuild a school damaged by the earthquake. He will camp with a group of volunteers in a remote village in Central Nepal. Earlier this week, the British Royal had spent his time in Bardiya, Lamjung and Kaski districts of Nepal.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3002',
			'image' => '20160324011503_Clipboard13.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3163',
			'article_category_id' => '1',
			'title' => ' Implementation of house with solar light whither',
			'sub_title' => '',
			'summary' => 'Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City. ',
			'content' => '<p>Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. &nbsp;</p>

<p>The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City. According to KMC&#39;s Urban Development Department Chief Engineer Ram Thapa, no application has been so far submitted seeking approval for the private house design with solar power.&nbsp;</p>

<p>Three months back, the government had come up with a new regulation making solar light mandatory in the to-be-constructed public houses. However, the new regulation is not obligatory in case of private house which might be the reason of zero-number applicants for solar installation, he adds. RSS</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3001',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '3162',
			'article_category_id' => '1',
			'title' => 'Prime Minister to address 'Boao Forum' today',
			'sub_title' => '',
			'summary' => 'March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the 'Boao Forum' for Asia Annual Conference-2016 on Thursday. ',
			'content' => '<p>March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the &#39;Boao Forum&#39; for Asia Annual Conference-2016 on Thursday.&nbsp;</p>

<p>The Nepalese delegation with Prime Minister Oli arrived in China&#39;s south east city, Sanya, on Wednesday evening from capital Beijing to attend the conference.&nbsp;</p>

<p>The Prime Minister is set to address the event this morning.&nbsp;</p>

<p>Earlier, Prime Minister Oli had called on Chairperson of Chinese People&#39;s Political Consultative Conference, Yu Zhengsheng, at the &#39;Great Hall of the People&#39; on Wednesday.&nbsp;</p>

<p>On the occasion, the two discussed the matters on further consolidating the Nepal-China relations through the exchange of cooperation in different areas. RSS&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3000',
			'image' => '20160324123741_Clipboard11.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
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	(int) 13 => array(
		'Article' => array(
			'id' => '3161',
			'article_category_id' => '1',
			'title' => 'Nepal Bank to meet NRB criterion on paid up capital at the earliest',
			'sub_title' => '',
			'summary' => 'March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive. BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders.',
			'content' => '<p>March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive.</p>

<p>BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders. The proposal is subjected to approve from NRB and bank&rsquo;s forthcoming AGM. NRB has directed BFIs to increase its paid up capital to Rs. 8 billion. Thus, bank is issuing right shares in a bid to increase its paid up capital. &nbsp;&nbsp;</p>

<p>At present, bank has Rs. 6.456 billion 465 paid up capital which will cross the limit of Rs. 8 billion after issuance of right share. Along with this, bank will be the first bank to reach paid up capital limitation margined by NRB.&nbsp;</p>

<p>Meanwhile, transaction worth Rs. 73.8 million of NBL has carried out in NEPSE. Due to speculations of investors on company&rsquo;s return for next few years, share price has been declined. The last transacted market price of NBL is Rs. 396.&nbsp;</p>
',
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			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2999',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
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		'Article' => array(
			'id' => '3160',
			'article_category_id' => '1',
			'title' => 'CF hands over transitional homes to Gorkha earthquake survivors',
			'sub_title' => '',
			'summary' => 'March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and 12.',
			'content' => '<p>March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and 12.</p>

<p>Former chief secretary of Nepal government, Lilamani Paudyal, handed over the shelters to the quake survivors amidst a function held at Padelthor of Gorkha, on Monday.</p>

<p>&ldquo;The shelters have provided some relief to the quake survivors,&rdquo; said Paudyal. Stating that at a time when the government has not been able to rebuild or hand over a single shelter to the quake survivors, he praised the efforts of the foundation in providing more than 2000 CG homes to survivors of the natural disaster.</p>

<p>In a prompt response to the April 25 earthquake and subsequent aftershocks, CF had said it would build 10,000 transitional homes and 100 primary schools. The foundation has already handed over CG Shelters in Ramechhap, Sindhupalchowk, Kavre, Kathmandu, Bhaktapur, Lalitpur and Gorkha (Taklung), among other quake-affected areas.&nbsp;</p>
',
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '3173',
			'article_category_id' => '1',
			'title' => 'Sajha Yatayat to add 30 new large-sized buses',
			'sub_title' => '',
			'summary' => 'March 25: Sajha Yatayat that is operating international standard public buses for Kathmanduties, is adding 30 new large-sized public buses in its fleet with the investment of Kathmandu Municipality worth of Rs100 million.',
			'content' => '<p>March 25: Sajha Yatayat that is operating international standard public buses for Kathmanduties, is adding 30 new large-sized public buses in its fleet with the investment of Kathmandu Municipality worth of Rs100 million.</p>

<p>Kanak Mani Dixit, Chairman of Sajha Yatayat and Gaurav Kumar, representative of Ashok Leyland signed an agreement on Thursday for bringing the buses. In a bid to manage Kathmandu Valley&rsquo;s transportation with large sized public buses, KMC invested its fund in Sajha Yatayat. Manager of Sajha Yatayat Mahendra Raj Pandey informed that the buses will be disabled-friendly with capacity of 40 seats and, including passengers who stand up, a total of 80 people can travel in the bus at a time.</p>

<p>Sajha had called global tender for purchase of new buses in last Mangsir. Among two interested companies, Ashok Leyland succeeded to acquire the tender.</p>

<p>&ldquo;Sajha is already into LC opening process to purchase bus, new buses will arrive in five months,&rdquo; says Pandey.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-25',
			'modified' => '2016-03-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3012',
			'image' => '20160325105020_Clipboard12.jpg',
			'article_date' => '2016-03-25 00:00:00',
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		'Article' => array(
			'id' => '3174',
			'article_category_id' => '1',
			'title' => 'Mou Signing Ceremony between Gurans Life & Prabhu Bank',
			'sub_title' => '',
			'summary' => 'March 25: Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service to facilitate the life insurance requirement of the Bank’s customers. ',
			'content' => '<p>March 25: Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service to facilitate the life insurance requirement of the Bank&rsquo;s customers.&nbsp;</p>

<p>Mr. Narayan Kumar Bhattarai, Deputy General Manager, Gurans Life Insurance Company Limited, and Mr. Ashok Sherchan, Chief Executive Officer of Prabhu Bank Limited signed an agreement on 21st March 2016, Monday.</p>

<p>As per the agreement, bank will insure its customer&rsquo;s life as required to safeguard its&rsquo; customer as well as loan amount in co-ordination with Gurans Life Insurance. Meanwhile, Gurans life will provide services through insurance schemes such as annual cash return plan, term life insurance, Jeevan shree and Jeevan Rakshayk.</p>
',
			'published' => true,
			'created' => '2016-03-25',
			'modified' => '2016-03-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3011',
			'image' => '20160325105155_Clipboard04.jpg',
			'article_date' => '2016-03-25 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '3172',
			'article_category_id' => '1',
			'title' => 'Integrated transaction of City development and Om Finance to commence from Chaitra 22',
			'sub_title' => '',
			'summary' => 'March 24: Integrated transaction of merged entity of City development Bank ltd and Om finance limited is going to start on Chaitra 22. Earlier, NRB approved merger process of these two companies on Chaitra 3.',
			'content' => '<p>March 24: Integrated transaction of merged entity of City development Bank ltd and Om finance limited is going to start on Chaitra 22. Earlier, NRB approved merger process of these two companies on Chaitra 3.</p>

<p>According to the press release, merged entity will be functioning as national level development bank with new name &ldquo;Om Development Bank Ltd&rdquo;. Sushil Kumar Goshali, Chairman of Om Finance will be the Chairperson of the newly merged company. In the integrated entity,&nbsp; Bishwo Mohan Adhikari, CEO of City Development Bank will be serving as CEO while Budhi Kumar Malla, CEO of Om Finance will be serving as deputy CEO.</p>

<p>After integrated transactions, bank&rsquo;s paid up capital will totaled Rs. 1.05 billion, deposit Rs. 10.9 million and loan investment Rs. 9.08 million. Similarly, bank will have 25 branches, 3 ATMs, 219 employees and nearly 100 thousands customers. &ldquo;Total no of shareholders reaches 16,275&rdquo;, says Bishwo Mohan Adhikari, CEO of City development Bank.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3010',
			'image' => '20160324052338_omncity.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '3171',
			'article_category_id' => '1',
			'title' => 'Trading in OTC market begins',
			'sub_title' => '',
			'summary' => 'March 24: Trading of Maruti Cement Limited has taken place in Over the Counter (OTC) market for the first time. “On Monday, the company’s 693,200 unit shares were traded in the OTC market,” informs Narayan Prasad Timilsina, senior officer of OTC market. He adds, “Several other companies are also in the pipeline.”',
			'content' => '<p>March 24: Trading of Maruti Cement Limited has taken place in Over the Counter (OTC) market for the first time. &ldquo;On Monday, the company&rsquo;s 693,200 unit shares were traded in the OTC market,&rdquo; informs Narayan Prasad Timilsina, senior officer of OTC market. He adds, &ldquo;Several other companies are also in the pipeline.&rdquo;</p>

<p>Previously, trading of shares of the companies registered in the Company Registrar Office but not listed in securities market were carried out directly from Registrar Office as per decisions of board of directors of the companies.&nbsp; However, the Company Registrar Office issued a circular few weeks back regarding the ownership transfer of shares of such companies. As per the circular, ownership transfer and trading of shares of such companies was made mandatory to be transacted in the OTC market.</p>

<p>&ldquo;Following the directive, Maruti company&rsquo;s shares are traded in OTC market for the first time&rdquo;, says Timilsina. Furthermore, he informs that Hathaway Investment Company and Global IME Bank have also initiated registration process in the market. &ldquo;Other several companies are inquiring about it,&rdquo; he adds.</p>

<p>According to OTC Market Operation Bylaws 2065, ownership transfer and trading of shares of companies should be carried out in the market. After the circular, public companies along with hundreds of other companies that are not listed in securities market are forced to trade in the OTC market. &ldquo;Share owners need to pay capital gain tax while trading in OTC market which will increase government revenue,&rdquo; mentions Timilsina, adding, &ldquo;Trading in OTC market will result transparency.&rdquo;</p>

<p>Transactions through OTC market are free of cost. Registration of the companies is also free in the OTC market. But in case of capital gain, capital gain tax is payable to the government. According to OTC market operation bylaws 7, natural person need to pay 5 percent tax, while corporate person need to pay 10 percent tax on capital gain. &ldquo;Government is losing billion of revenue as public limited companies are not trading through OTC market,&rdquo; says Timilsina.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3009',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
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		'Article' => array(
			'id' => '3170',
			'article_category_id' => '1',
			'title' => 'ICRA grants grade-3 for right shares of Citizen’s bank',
			'sub_title' => '',
			'summary' => 'March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders. ',
			'content' => '',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => 'March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders. 
Meanwhile, bank informs that the process of right share issuance is in final stage in SEBON. Bank is preparing to float right shares from Baisakh, 2073.  
',
			'sortorder' => '3008',
			'image' => '20160324045231_citizen.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '15'
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	(int) 5 => array(
		'Article' => array(
			'id' => '3169',
			'article_category_id' => '1',
			'title' => '  80 percent preparations completed for Handicraft Fair ',
			'sub_title' => '',
			'summary' => 'March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre (TEPC)."',
			'content' => '<p>March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre (TEPC).&quot; Almost all preparations for the fair is complete,&quot; says President of FHAN, Dharmaraj Shakya. According to Shakya, 75 percent stalls have already been booked and more than 40 buyers are confirmed to participate in the fair. &ldquo;35 buyers from China, 20 from India, Bangladesh and Sri Lanka, and European countries are expected to participate in the event,&rdquo; he informs.&nbsp;</p>

<p>FHAN is organizing the fair with an aim to popularise and promote Nepal-made handicraft products in the domestic and International markets. The fair will include handicraft products from more than 45 districts of the country. The fair will have more than 200 stalls and also include products from China, Bangladesh, Bhutan, India, Pakistan and Sri Lanka. The fair is expected to attract 300,000 visitors with business of around Rs 100 million.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3007',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
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		'Article' => array(
			'id' => '3168',
			'article_category_id' => '1',
			'title' => '309 students barred from SLC exam due to attendance',
			'sub_title' => '',
			'summary' => 'March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance. ',
			'content' => '<p>March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance.&nbsp;</p>

<p>According to the Assistant District Education Officer Ganesh Adhikari, a total of 16,985 students from various 104 secondary schools are appearing in the SLC exam this year. Of them 2,285 are girls and rest 1,197 are boys.&nbsp;</p>

<p>Last year a total of 717 students were denied taking the exam, also popularly known as the &#39;Iron Gate&#39; among the students. &nbsp;The exam, which lasts through more than a week, is going to start from March 31.&nbsp;</p>

<p>According to data of education office, this year 13,497 regular students are appearing in the exam in which 6,456 are boys and 7,041 are girls. Similarly, 3,482 exempted students are also appearing this year&rsquo;s SLC exam in which 1,197 are boys and 2,285 are girls. RSS</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3006',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '3167',
			'article_category_id' => '34',
			'title' => 'Kathmandu Finance Ltd & Gurkha Development Bank Ltd to start joint operation as Gurkhas Finance ',
			'sub_title' => '',
			'summary' => 'March 24: Annual General Meeting of Kathmandu Finance Limited (KFL) and Gurkha Development Bank Limited (GDBNL) has endorsed the merger proposal. The merged entity of KFL and GDBNL is named Gurkhas Finance Limited and will be starting its integrated business from Chaitra 28.',
			'content' => '<p>March 24: Annual General Meeting of Kathmandu Finance Limited (KFL) and Gurkha Development Bank Limited (GDBNL) has endorsed the merger proposal.</p>

<p>The merged entity of KFL and GDBNL is named Gurkhas Finance Limited and will be starting its integrated business from Chaitra 28.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3005',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '11'
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		'Article' => array(
			'id' => '3166',
			'article_category_id' => '34',
			'title' => 'NMB Sulav Investment Fund-1 NAV increases to Rs 14.97',
			'sub_title' => '',
			'summary' => 'March 24: NMB Sulav Investment Fund – 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited. ',
			'content' => '<p>March 24: NMB Sulav Investment Fund &ndash; 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank&rsquo;s subsidiary NMB Capital Limited. &nbsp;NMBSF-1 has reported negligible rise in net asset value (NAV) of Rs. 14.97 at the end of Falgun which is a slight increase of Rs. 0.8 from Rs 14.17 reported at the end of Magh.&nbsp;</p>

<p>During the period, total income of the company amounted to Rs. 7.52 million while outstanding income totaled Rs. 1.99 million. &nbsp;NMBSF-1 reported net profit of Rs 6.47 crore for the month of Falgun up from Rs 5.21 crore in the month Magh.</p>

<p>Out of its total investment in listed shares, NMBSF-1 has bought the highest, 639,687 unit shares of Nabil Balance Fund-1.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3004',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
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			'id' => '3165',
			'article_category_id' => '34',
			'title' => 'Adjusted price of Siddhartha Insurance',
			'sub_title' => '',
			'summary' => 'March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs. 813.',
			'content' => '<p>March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs. 813.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3003',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '3164',
			'article_category_id' => '1',
			'title' => 'Prince Harry extends Nepal stay for 6 days',
			'sub_title' => '',
			'summary' => 'March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday. In his speech before wrapping up his official tour of Nepal, Prince Harry announced he'll be staying in the country for the next week to work on an earthquake relief project. ',
			'content' => '<p>March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday.</p>

<p>In his speech before wrapping up his official tour of Nepal, Prince Harry announced he&#39;ll be staying in the country for the next week to work on an earthquake relief project.&nbsp;</p>

<p>Prince Harry will be spending the next 6 days with Team Rubicon UK working with the community to rebuild a school damaged by the earthquake. He will camp with a group of volunteers in a remote village in Central Nepal. Earlier this week, the British Royal had spent his time in Bardiya, Lamjung and Kaski districts of Nepal.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3002',
			'image' => '20160324011503_Clipboard13.jpg',
			'article_date' => '2016-03-24 00:00:00',
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			'id' => '3163',
			'article_category_id' => '1',
			'title' => ' Implementation of house with solar light whither',
			'sub_title' => '',
			'summary' => 'Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City. ',
			'content' => '<p>Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. &nbsp;</p>

<p>The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City. According to KMC&#39;s Urban Development Department Chief Engineer Ram Thapa, no application has been so far submitted seeking approval for the private house design with solar power.&nbsp;</p>

<p>Three months back, the government had come up with a new regulation making solar light mandatory in the to-be-constructed public houses. However, the new regulation is not obligatory in case of private house which might be the reason of zero-number applicants for solar installation, he adds. RSS</p>
',
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			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3001',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 12 => array(
		'Article' => array(
			'id' => '3162',
			'article_category_id' => '1',
			'title' => 'Prime Minister to address 'Boao Forum' today',
			'sub_title' => '',
			'summary' => 'March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the 'Boao Forum' for Asia Annual Conference-2016 on Thursday. ',
			'content' => '<p>March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the &#39;Boao Forum&#39; for Asia Annual Conference-2016 on Thursday.&nbsp;</p>

<p>The Nepalese delegation with Prime Minister Oli arrived in China&#39;s south east city, Sanya, on Wednesday evening from capital Beijing to attend the conference.&nbsp;</p>

<p>The Prime Minister is set to address the event this morning.&nbsp;</p>

<p>Earlier, Prime Minister Oli had called on Chairperson of Chinese People&#39;s Political Consultative Conference, Yu Zhengsheng, at the &#39;Great Hall of the People&#39; on Wednesday.&nbsp;</p>

<p>On the occasion, the two discussed the matters on further consolidating the Nepal-China relations through the exchange of cooperation in different areas. RSS&nbsp;</p>
',
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			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3000',
			'image' => '20160324123741_Clipboard11.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 13 => array(
		'Article' => array(
			'id' => '3161',
			'article_category_id' => '1',
			'title' => 'Nepal Bank to meet NRB criterion on paid up capital at the earliest',
			'sub_title' => '',
			'summary' => 'March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive. BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders.',
			'content' => '<p>March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive.</p>

<p>BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders. The proposal is subjected to approve from NRB and bank&rsquo;s forthcoming AGM. NRB has directed BFIs to increase its paid up capital to Rs. 8 billion. Thus, bank is issuing right shares in a bid to increase its paid up capital. &nbsp;&nbsp;</p>

<p>At present, bank has Rs. 6.456 billion 465 paid up capital which will cross the limit of Rs. 8 billion after issuance of right share. Along with this, bank will be the first bank to reach paid up capital limitation margined by NRB.&nbsp;</p>

<p>Meanwhile, transaction worth Rs. 73.8 million of NBL has carried out in NEPSE. Due to speculations of investors on company&rsquo;s return for next few years, share price has been declined. The last transacted market price of NBL is Rs. 396.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2999',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 14 => array(
		'Article' => array(
			'id' => '3160',
			'article_category_id' => '1',
			'title' => 'CF hands over transitional homes to Gorkha earthquake survivors',
			'sub_title' => '',
			'summary' => 'March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and 12.',
			'content' => '<p>March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and 12.</p>

<p>Former chief secretary of Nepal government, Lilamani Paudyal, handed over the shelters to the quake survivors amidst a function held at Padelthor of Gorkha, on Monday.</p>

<p>&ldquo;The shelters have provided some relief to the quake survivors,&rdquo; said Paudyal. Stating that at a time when the government has not been able to rebuild or hand over a single shelter to the quake survivors, he praised the efforts of the foundation in providing more than 2000 CG homes to survivors of the natural disaster.</p>

<p>In a prompt response to the April 25 earthquake and subsequent aftershocks, CF had said it would build 10,000 transitional homes and 100 primary schools. The foundation has already handed over CG Shelters in Ramechhap, Sindhupalchowk, Kavre, Kathmandu, Bhaktapur, Lalitpur and Gorkha (Taklung), among other quake-affected areas.&nbsp;</p>
',
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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$articles = array(
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		'Article' => array(
			'id' => '3173',
			'article_category_id' => '1',
			'title' => 'Sajha Yatayat to add 30 new large-sized buses',
			'sub_title' => '',
			'summary' => 'March 25: Sajha Yatayat that is operating international standard public buses for Kathmanduties, is adding 30 new large-sized public buses in its fleet with the investment of Kathmandu Municipality worth of Rs100 million.',
			'content' => '<p>March 25: Sajha Yatayat that is operating international standard public buses for Kathmanduties, is adding 30 new large-sized public buses in its fleet with the investment of Kathmandu Municipality worth of Rs100 million.</p>

<p>Kanak Mani Dixit, Chairman of Sajha Yatayat and Gaurav Kumar, representative of Ashok Leyland signed an agreement on Thursday for bringing the buses. In a bid to manage Kathmandu Valley&rsquo;s transportation with large sized public buses, KMC invested its fund in Sajha Yatayat. Manager of Sajha Yatayat Mahendra Raj Pandey informed that the buses will be disabled-friendly with capacity of 40 seats and, including passengers who stand up, a total of 80 people can travel in the bus at a time.</p>

<p>Sajha had called global tender for purchase of new buses in last Mangsir. Among two interested companies, Ashok Leyland succeeded to acquire the tender.</p>

<p>&ldquo;Sajha is already into LC opening process to purchase bus, new buses will arrive in five months,&rdquo; says Pandey.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-25',
			'modified' => '2016-03-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3012',
			'image' => '20160325105020_Clipboard12.jpg',
			'article_date' => '2016-03-25 00:00:00',
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			'id' => '3174',
			'article_category_id' => '1',
			'title' => 'Mou Signing Ceremony between Gurans Life & Prabhu Bank',
			'sub_title' => '',
			'summary' => 'March 25: Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service to facilitate the life insurance requirement of the Bank’s customers. ',
			'content' => '<p>March 25: Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service to facilitate the life insurance requirement of the Bank&rsquo;s customers.&nbsp;</p>

<p>Mr. Narayan Kumar Bhattarai, Deputy General Manager, Gurans Life Insurance Company Limited, and Mr. Ashok Sherchan, Chief Executive Officer of Prabhu Bank Limited signed an agreement on 21st March 2016, Monday.</p>

<p>As per the agreement, bank will insure its customer&rsquo;s life as required to safeguard its&rsquo; customer as well as loan amount in co-ordination with Gurans Life Insurance. Meanwhile, Gurans life will provide services through insurance schemes such as annual cash return plan, term life insurance, Jeevan shree and Jeevan Rakshayk.</p>
',
			'published' => true,
			'created' => '2016-03-25',
			'modified' => '2016-03-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3011',
			'image' => '20160325105155_Clipboard04.jpg',
			'article_date' => '2016-03-25 00:00:00',
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		'Article' => array(
			'id' => '3172',
			'article_category_id' => '1',
			'title' => 'Integrated transaction of City development and Om Finance to commence from Chaitra 22',
			'sub_title' => '',
			'summary' => 'March 24: Integrated transaction of merged entity of City development Bank ltd and Om finance limited is going to start on Chaitra 22. Earlier, NRB approved merger process of these two companies on Chaitra 3.',
			'content' => '<p>March 24: Integrated transaction of merged entity of City development Bank ltd and Om finance limited is going to start on Chaitra 22. Earlier, NRB approved merger process of these two companies on Chaitra 3.</p>

<p>According to the press release, merged entity will be functioning as national level development bank with new name &ldquo;Om Development Bank Ltd&rdquo;. Sushil Kumar Goshali, Chairman of Om Finance will be the Chairperson of the newly merged company. In the integrated entity,&nbsp; Bishwo Mohan Adhikari, CEO of City Development Bank will be serving as CEO while Budhi Kumar Malla, CEO of Om Finance will be serving as deputy CEO.</p>

<p>After integrated transactions, bank&rsquo;s paid up capital will totaled Rs. 1.05 billion, deposit Rs. 10.9 million and loan investment Rs. 9.08 million. Similarly, bank will have 25 branches, 3 ATMs, 219 employees and nearly 100 thousands customers. &ldquo;Total no of shareholders reaches 16,275&rdquo;, says Bishwo Mohan Adhikari, CEO of City development Bank.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3010',
			'image' => '20160324052338_omncity.jpg',
			'article_date' => '2016-03-24 00:00:00',
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		'Article' => array(
			'id' => '3171',
			'article_category_id' => '1',
			'title' => 'Trading in OTC market begins',
			'sub_title' => '',
			'summary' => 'March 24: Trading of Maruti Cement Limited has taken place in Over the Counter (OTC) market for the first time. “On Monday, the company’s 693,200 unit shares were traded in the OTC market,” informs Narayan Prasad Timilsina, senior officer of OTC market. He adds, “Several other companies are also in the pipeline.”',
			'content' => '<p>March 24: Trading of Maruti Cement Limited has taken place in Over the Counter (OTC) market for the first time. &ldquo;On Monday, the company&rsquo;s 693,200 unit shares were traded in the OTC market,&rdquo; informs Narayan Prasad Timilsina, senior officer of OTC market. He adds, &ldquo;Several other companies are also in the pipeline.&rdquo;</p>

<p>Previously, trading of shares of the companies registered in the Company Registrar Office but not listed in securities market were carried out directly from Registrar Office as per decisions of board of directors of the companies.&nbsp; However, the Company Registrar Office issued a circular few weeks back regarding the ownership transfer of shares of such companies. As per the circular, ownership transfer and trading of shares of such companies was made mandatory to be transacted in the OTC market.</p>

<p>&ldquo;Following the directive, Maruti company&rsquo;s shares are traded in OTC market for the first time&rdquo;, says Timilsina. Furthermore, he informs that Hathaway Investment Company and Global IME Bank have also initiated registration process in the market. &ldquo;Other several companies are inquiring about it,&rdquo; he adds.</p>

<p>According to OTC Market Operation Bylaws 2065, ownership transfer and trading of shares of companies should be carried out in the market. After the circular, public companies along with hundreds of other companies that are not listed in securities market are forced to trade in the OTC market. &ldquo;Share owners need to pay capital gain tax while trading in OTC market which will increase government revenue,&rdquo; mentions Timilsina, adding, &ldquo;Trading in OTC market will result transparency.&rdquo;</p>

<p>Transactions through OTC market are free of cost. Registration of the companies is also free in the OTC market. But in case of capital gain, capital gain tax is payable to the government. According to OTC market operation bylaws 7, natural person need to pay 5 percent tax, while corporate person need to pay 10 percent tax on capital gain. &ldquo;Government is losing billion of revenue as public limited companies are not trading through OTC market,&rdquo; says Timilsina.</p>

<p>&nbsp;</p>
',
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			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3009',
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		'Article' => array(
			'id' => '3170',
			'article_category_id' => '1',
			'title' => 'ICRA grants grade-3 for right shares of Citizen’s bank',
			'sub_title' => '',
			'summary' => 'March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders. ',
			'content' => '',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => 'March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders. 
Meanwhile, bank informs that the process of right share issuance is in final stage in SEBON. Bank is preparing to float right shares from Baisakh, 2073.  
',
			'sortorder' => '3008',
			'image' => '20160324045231_citizen.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '15'
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	(int) 5 => array(
		'Article' => array(
			'id' => '3169',
			'article_category_id' => '1',
			'title' => '  80 percent preparations completed for Handicraft Fair ',
			'sub_title' => '',
			'summary' => 'March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre (TEPC)."',
			'content' => '<p>March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre (TEPC).&quot; Almost all preparations for the fair is complete,&quot; says President of FHAN, Dharmaraj Shakya. According to Shakya, 75 percent stalls have already been booked and more than 40 buyers are confirmed to participate in the fair. &ldquo;35 buyers from China, 20 from India, Bangladesh and Sri Lanka, and European countries are expected to participate in the event,&rdquo; he informs.&nbsp;</p>

<p>FHAN is organizing the fair with an aim to popularise and promote Nepal-made handicraft products in the domestic and International markets. The fair will include handicraft products from more than 45 districts of the country. The fair will have more than 200 stalls and also include products from China, Bangladesh, Bhutan, India, Pakistan and Sri Lanka. The fair is expected to attract 300,000 visitors with business of around Rs 100 million.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3007',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '3168',
			'article_category_id' => '1',
			'title' => '309 students barred from SLC exam due to attendance',
			'sub_title' => '',
			'summary' => 'March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance. ',
			'content' => '<p>March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance.&nbsp;</p>

<p>According to the Assistant District Education Officer Ganesh Adhikari, a total of 16,985 students from various 104 secondary schools are appearing in the SLC exam this year. Of them 2,285 are girls and rest 1,197 are boys.&nbsp;</p>

<p>Last year a total of 717 students were denied taking the exam, also popularly known as the &#39;Iron Gate&#39; among the students. &nbsp;The exam, which lasts through more than a week, is going to start from March 31.&nbsp;</p>

<p>According to data of education office, this year 13,497 regular students are appearing in the exam in which 6,456 are boys and 7,041 are girls. Similarly, 3,482 exempted students are also appearing this year&rsquo;s SLC exam in which 1,197 are boys and 2,285 are girls. RSS</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3006',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
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		'Article' => array(
			'id' => '3167',
			'article_category_id' => '34',
			'title' => 'Kathmandu Finance Ltd & Gurkha Development Bank Ltd to start joint operation as Gurkhas Finance ',
			'sub_title' => '',
			'summary' => 'March 24: Annual General Meeting of Kathmandu Finance Limited (KFL) and Gurkha Development Bank Limited (GDBNL) has endorsed the merger proposal. The merged entity of KFL and GDBNL is named Gurkhas Finance Limited and will be starting its integrated business from Chaitra 28.',
			'content' => '<p>March 24: Annual General Meeting of Kathmandu Finance Limited (KFL) and Gurkha Development Bank Limited (GDBNL) has endorsed the merger proposal.</p>

<p>The merged entity of KFL and GDBNL is named Gurkhas Finance Limited and will be starting its integrated business from Chaitra 28.</p>
',
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			'created' => '2016-03-24',
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			'description' => '',
			'sortorder' => '3005',
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		'Article' => array(
			'id' => '3166',
			'article_category_id' => '34',
			'title' => 'NMB Sulav Investment Fund-1 NAV increases to Rs 14.97',
			'sub_title' => '',
			'summary' => 'March 24: NMB Sulav Investment Fund – 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited. ',
			'content' => '<p>March 24: NMB Sulav Investment Fund &ndash; 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank&rsquo;s subsidiary NMB Capital Limited. &nbsp;NMBSF-1 has reported negligible rise in net asset value (NAV) of Rs. 14.97 at the end of Falgun which is a slight increase of Rs. 0.8 from Rs 14.17 reported at the end of Magh.&nbsp;</p>

<p>During the period, total income of the company amounted to Rs. 7.52 million while outstanding income totaled Rs. 1.99 million. &nbsp;NMBSF-1 reported net profit of Rs 6.47 crore for the month of Falgun up from Rs 5.21 crore in the month Magh.</p>

<p>Out of its total investment in listed shares, NMBSF-1 has bought the highest, 639,687 unit shares of Nabil Balance Fund-1.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3004',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '3165',
			'article_category_id' => '34',
			'title' => 'Adjusted price of Siddhartha Insurance',
			'sub_title' => '',
			'summary' => 'March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs. 813.',
			'content' => '<p>March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs. 813.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3003',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '11'
		)
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	(int) 10 => array(
		'Article' => array(
			'id' => '3164',
			'article_category_id' => '1',
			'title' => 'Prince Harry extends Nepal stay for 6 days',
			'sub_title' => '',
			'summary' => 'March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday. In his speech before wrapping up his official tour of Nepal, Prince Harry announced he'll be staying in the country for the next week to work on an earthquake relief project. ',
			'content' => '<p>March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday.</p>

<p>In his speech before wrapping up his official tour of Nepal, Prince Harry announced he&#39;ll be staying in the country for the next week to work on an earthquake relief project.&nbsp;</p>

<p>Prince Harry will be spending the next 6 days with Team Rubicon UK working with the community to rebuild a school damaged by the earthquake. He will camp with a group of volunteers in a remote village in Central Nepal. Earlier this week, the British Royal had spent his time in Bardiya, Lamjung and Kaski districts of Nepal.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3002',
			'image' => '20160324011503_Clipboard13.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
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		'Article' => array(
			'id' => '3163',
			'article_category_id' => '1',
			'title' => ' Implementation of house with solar light whither',
			'sub_title' => '',
			'summary' => 'Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City. ',
			'content' => '<p>Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. &nbsp;</p>

<p>The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City. According to KMC&#39;s Urban Development Department Chief Engineer Ram Thapa, no application has been so far submitted seeking approval for the private house design with solar power.&nbsp;</p>

<p>Three months back, the government had come up with a new regulation making solar light mandatory in the to-be-constructed public houses. However, the new regulation is not obligatory in case of private house which might be the reason of zero-number applicants for solar installation, he adds. RSS</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3001',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
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	(int) 12 => array(
		'Article' => array(
			'id' => '3162',
			'article_category_id' => '1',
			'title' => 'Prime Minister to address 'Boao Forum' today',
			'sub_title' => '',
			'summary' => 'March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the 'Boao Forum' for Asia Annual Conference-2016 on Thursday. ',
			'content' => '<p>March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the &#39;Boao Forum&#39; for Asia Annual Conference-2016 on Thursday.&nbsp;</p>

<p>The Nepalese delegation with Prime Minister Oli arrived in China&#39;s south east city, Sanya, on Wednesday evening from capital Beijing to attend the conference.&nbsp;</p>

<p>The Prime Minister is set to address the event this morning.&nbsp;</p>

<p>Earlier, Prime Minister Oli had called on Chairperson of Chinese People&#39;s Political Consultative Conference, Yu Zhengsheng, at the &#39;Great Hall of the People&#39; on Wednesday.&nbsp;</p>

<p>On the occasion, the two discussed the matters on further consolidating the Nepal-China relations through the exchange of cooperation in different areas. RSS&nbsp;</p>
',
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			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3000',
			'image' => '20160324123741_Clipboard11.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '3161',
			'article_category_id' => '1',
			'title' => 'Nepal Bank to meet NRB criterion on paid up capital at the earliest',
			'sub_title' => '',
			'summary' => 'March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive. BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders.',
			'content' => '<p>March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive.</p>

<p>BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders. The proposal is subjected to approve from NRB and bank&rsquo;s forthcoming AGM. NRB has directed BFIs to increase its paid up capital to Rs. 8 billion. Thus, bank is issuing right shares in a bid to increase its paid up capital. &nbsp;&nbsp;</p>

<p>At present, bank has Rs. 6.456 billion 465 paid up capital which will cross the limit of Rs. 8 billion after issuance of right share. Along with this, bank will be the first bank to reach paid up capital limitation margined by NRB.&nbsp;</p>

<p>Meanwhile, transaction worth Rs. 73.8 million of NBL has carried out in NEPSE. Due to speculations of investors on company&rsquo;s return for next few years, share price has been declined. The last transacted market price of NBL is Rs. 396.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2999',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '3160',
			'article_category_id' => '1',
			'title' => 'CF hands over transitional homes to Gorkha earthquake survivors',
			'sub_title' => '',
			'summary' => 'March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and 12.',
			'content' => '<p>March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and 12.</p>

<p>Former chief secretary of Nepal government, Lilamani Paudyal, handed over the shelters to the quake survivors amidst a function held at Padelthor of Gorkha, on Monday.</p>

<p>&ldquo;The shelters have provided some relief to the quake survivors,&rdquo; said Paudyal. Stating that at a time when the government has not been able to rebuild or hand over a single shelter to the quake survivors, he praised the efforts of the foundation in providing more than 2000 CG homes to survivors of the natural disaster.</p>

<p>In a prompt response to the April 25 earthquake and subsequent aftershocks, CF had said it would build 10,000 transitional homes and 100 primary schools. The foundation has already handed over CG Shelters in Ramechhap, Sindhupalchowk, Kavre, Kathmandu, Bhaktapur, Lalitpur and Gorkha (Taklung), among other quake-affected areas.&nbsp;</p>
',
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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		'Article' => array(
			'id' => '3173',
			'article_category_id' => '1',
			'title' => 'Sajha Yatayat to add 30 new large-sized buses',
			'sub_title' => '',
			'summary' => 'March 25: Sajha Yatayat that is operating international standard public buses for Kathmanduties, is adding 30 new large-sized public buses in its fleet with the investment of Kathmandu Municipality worth of Rs100 million.',
			'content' => '<p>March 25: Sajha Yatayat that is operating international standard public buses for Kathmanduties, is adding 30 new large-sized public buses in its fleet with the investment of Kathmandu Municipality worth of Rs100 million.</p>

<p>Kanak Mani Dixit, Chairman of Sajha Yatayat and Gaurav Kumar, representative of Ashok Leyland signed an agreement on Thursday for bringing the buses. In a bid to manage Kathmandu Valley&rsquo;s transportation with large sized public buses, KMC invested its fund in Sajha Yatayat. Manager of Sajha Yatayat Mahendra Raj Pandey informed that the buses will be disabled-friendly with capacity of 40 seats and, including passengers who stand up, a total of 80 people can travel in the bus at a time.</p>

<p>Sajha had called global tender for purchase of new buses in last Mangsir. Among two interested companies, Ashok Leyland succeeded to acquire the tender.</p>

<p>&ldquo;Sajha is already into LC opening process to purchase bus, new buses will arrive in five months,&rdquo; says Pandey.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-25',
			'modified' => '2016-03-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3012',
			'image' => '20160325105020_Clipboard12.jpg',
			'article_date' => '2016-03-25 00:00:00',
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			'id' => '3174',
			'article_category_id' => '1',
			'title' => 'Mou Signing Ceremony between Gurans Life & Prabhu Bank',
			'sub_title' => '',
			'summary' => 'March 25: Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service to facilitate the life insurance requirement of the Bank’s customers. ',
			'content' => '<p>March 25: Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service to facilitate the life insurance requirement of the Bank&rsquo;s customers.&nbsp;</p>

<p>Mr. Narayan Kumar Bhattarai, Deputy General Manager, Gurans Life Insurance Company Limited, and Mr. Ashok Sherchan, Chief Executive Officer of Prabhu Bank Limited signed an agreement on 21st March 2016, Monday.</p>

<p>As per the agreement, bank will insure its customer&rsquo;s life as required to safeguard its&rsquo; customer as well as loan amount in co-ordination with Gurans Life Insurance. Meanwhile, Gurans life will provide services through insurance schemes such as annual cash return plan, term life insurance, Jeevan shree and Jeevan Rakshayk.</p>
',
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			'created' => '2016-03-25',
			'modified' => '2016-03-25',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3011',
			'image' => '20160325105155_Clipboard04.jpg',
			'article_date' => '2016-03-25 00:00:00',
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		'Article' => array(
			'id' => '3172',
			'article_category_id' => '1',
			'title' => 'Integrated transaction of City development and Om Finance to commence from Chaitra 22',
			'sub_title' => '',
			'summary' => 'March 24: Integrated transaction of merged entity of City development Bank ltd and Om finance limited is going to start on Chaitra 22. Earlier, NRB approved merger process of these two companies on Chaitra 3.',
			'content' => '<p>March 24: Integrated transaction of merged entity of City development Bank ltd and Om finance limited is going to start on Chaitra 22. Earlier, NRB approved merger process of these two companies on Chaitra 3.</p>

<p>According to the press release, merged entity will be functioning as national level development bank with new name &ldquo;Om Development Bank Ltd&rdquo;. Sushil Kumar Goshali, Chairman of Om Finance will be the Chairperson of the newly merged company. In the integrated entity,&nbsp; Bishwo Mohan Adhikari, CEO of City Development Bank will be serving as CEO while Budhi Kumar Malla, CEO of Om Finance will be serving as deputy CEO.</p>

<p>After integrated transactions, bank&rsquo;s paid up capital will totaled Rs. 1.05 billion, deposit Rs. 10.9 million and loan investment Rs. 9.08 million. Similarly, bank will have 25 branches, 3 ATMs, 219 employees and nearly 100 thousands customers. &ldquo;Total no of shareholders reaches 16,275&rdquo;, says Bishwo Mohan Adhikari, CEO of City development Bank.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3010',
			'image' => '20160324052338_omncity.jpg',
			'article_date' => '2016-03-24 00:00:00',
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		'Article' => array(
			'id' => '3171',
			'article_category_id' => '1',
			'title' => 'Trading in OTC market begins',
			'sub_title' => '',
			'summary' => 'March 24: Trading of Maruti Cement Limited has taken place in Over the Counter (OTC) market for the first time. “On Monday, the company’s 693,200 unit shares were traded in the OTC market,” informs Narayan Prasad Timilsina, senior officer of OTC market. He adds, “Several other companies are also in the pipeline.”',
			'content' => '<p>March 24: Trading of Maruti Cement Limited has taken place in Over the Counter (OTC) market for the first time. &ldquo;On Monday, the company&rsquo;s 693,200 unit shares were traded in the OTC market,&rdquo; informs Narayan Prasad Timilsina, senior officer of OTC market. He adds, &ldquo;Several other companies are also in the pipeline.&rdquo;</p>

<p>Previously, trading of shares of the companies registered in the Company Registrar Office but not listed in securities market were carried out directly from Registrar Office as per decisions of board of directors of the companies.&nbsp; However, the Company Registrar Office issued a circular few weeks back regarding the ownership transfer of shares of such companies. As per the circular, ownership transfer and trading of shares of such companies was made mandatory to be transacted in the OTC market.</p>

<p>&ldquo;Following the directive, Maruti company&rsquo;s shares are traded in OTC market for the first time&rdquo;, says Timilsina. Furthermore, he informs that Hathaway Investment Company and Global IME Bank have also initiated registration process in the market. &ldquo;Other several companies are inquiring about it,&rdquo; he adds.</p>

<p>According to OTC Market Operation Bylaws 2065, ownership transfer and trading of shares of companies should be carried out in the market. After the circular, public companies along with hundreds of other companies that are not listed in securities market are forced to trade in the OTC market. &ldquo;Share owners need to pay capital gain tax while trading in OTC market which will increase government revenue,&rdquo; mentions Timilsina, adding, &ldquo;Trading in OTC market will result transparency.&rdquo;</p>

<p>Transactions through OTC market are free of cost. Registration of the companies is also free in the OTC market. But in case of capital gain, capital gain tax is payable to the government. According to OTC market operation bylaws 7, natural person need to pay 5 percent tax, while corporate person need to pay 10 percent tax on capital gain. &ldquo;Government is losing billion of revenue as public limited companies are not trading through OTC market,&rdquo; says Timilsina.</p>

<p>&nbsp;</p>
',
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			'sortorder' => '3009',
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		'Article' => array(
			'id' => '3170',
			'article_category_id' => '1',
			'title' => 'ICRA grants grade-3 for right shares of Citizen’s bank',
			'sub_title' => '',
			'summary' => 'March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders. ',
			'content' => '',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => 'March 24: ICRA Nepal has granted grade-3 for Citizen’s bank right shares. As per NRB directive and decision of 9th AGM of the bank, bank is issuing 10:5.5 right shares to its existing shareholders. 
Meanwhile, bank informs that the process of right share issuance is in final stage in SEBON. Bank is preparing to float right shares from Baisakh, 2073.  
',
			'sortorder' => '3008',
			'image' => '20160324045231_citizen.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '3169',
			'article_category_id' => '1',
			'title' => '  80 percent preparations completed for Handicraft Fair ',
			'sub_title' => '',
			'summary' => 'March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre (TEPC)."',
			'content' => '<p>March 24: 80 percent of preparations for the 13th Handicraft Trade Fair and 11th Craft Competition have been completed. The event which will be held on May 5- 9 in Bhrikutimandap, Kathmandu is being organized by Federation of Handicraft Association of Nepal (FHAN) with the support of Trade and Export Promotion Centre (TEPC).&quot; Almost all preparations for the fair is complete,&quot; says President of FHAN, Dharmaraj Shakya. According to Shakya, 75 percent stalls have already been booked and more than 40 buyers are confirmed to participate in the fair. &ldquo;35 buyers from China, 20 from India, Bangladesh and Sri Lanka, and European countries are expected to participate in the event,&rdquo; he informs.&nbsp;</p>

<p>FHAN is organizing the fair with an aim to popularise and promote Nepal-made handicraft products in the domestic and International markets. The fair will include handicraft products from more than 45 districts of the country. The fair will have more than 200 stalls and also include products from China, Bangladesh, Bhutan, India, Pakistan and Sri Lanka. The fair is expected to attract 300,000 visitors with business of around Rs 100 million.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3007',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '3168',
			'article_category_id' => '1',
			'title' => '309 students barred from SLC exam due to attendance',
			'sub_title' => '',
			'summary' => 'March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance. ',
			'content' => '<p>March 24: As many as 309 students in Jhapa district are barred from taking the School Leaving Certificate (SLC) Exam for failing to secure at least 75 per cent of annual school attendance.&nbsp;</p>

<p>According to the Assistant District Education Officer Ganesh Adhikari, a total of 16,985 students from various 104 secondary schools are appearing in the SLC exam this year. Of them 2,285 are girls and rest 1,197 are boys.&nbsp;</p>

<p>Last year a total of 717 students were denied taking the exam, also popularly known as the &#39;Iron Gate&#39; among the students. &nbsp;The exam, which lasts through more than a week, is going to start from March 31.&nbsp;</p>

<p>According to data of education office, this year 13,497 regular students are appearing in the exam in which 6,456 are boys and 7,041 are girls. Similarly, 3,482 exempted students are also appearing this year&rsquo;s SLC exam in which 1,197 are boys and 2,285 are girls. RSS</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3006',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '3167',
			'article_category_id' => '34',
			'title' => 'Kathmandu Finance Ltd & Gurkha Development Bank Ltd to start joint operation as Gurkhas Finance ',
			'sub_title' => '',
			'summary' => 'March 24: Annual General Meeting of Kathmandu Finance Limited (KFL) and Gurkha Development Bank Limited (GDBNL) has endorsed the merger proposal. The merged entity of KFL and GDBNL is named Gurkhas Finance Limited and will be starting its integrated business from Chaitra 28.',
			'content' => '<p>March 24: Annual General Meeting of Kathmandu Finance Limited (KFL) and Gurkha Development Bank Limited (GDBNL) has endorsed the merger proposal.</p>

<p>The merged entity of KFL and GDBNL is named Gurkhas Finance Limited and will be starting its integrated business from Chaitra 28.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3005',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '3166',
			'article_category_id' => '34',
			'title' => 'NMB Sulav Investment Fund-1 NAV increases to Rs 14.97',
			'sub_title' => '',
			'summary' => 'March 24: NMB Sulav Investment Fund – 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank’s subsidiary NMB Capital Limited. ',
			'content' => '<p>March 24: NMB Sulav Investment Fund &ndash; 1 (NMBSF-1) is a closed-end 5 years mutual fund scheme promoted by NMB Bank Limited, and operated by the bank&rsquo;s subsidiary NMB Capital Limited. &nbsp;NMBSF-1 has reported negligible rise in net asset value (NAV) of Rs. 14.97 at the end of Falgun which is a slight increase of Rs. 0.8 from Rs 14.17 reported at the end of Magh.&nbsp;</p>

<p>During the period, total income of the company amounted to Rs. 7.52 million while outstanding income totaled Rs. 1.99 million. &nbsp;NMBSF-1 reported net profit of Rs 6.47 crore for the month of Falgun up from Rs 5.21 crore in the month Magh.</p>

<p>Out of its total investment in listed shares, NMBSF-1 has bought the highest, 639,687 unit shares of Nabil Balance Fund-1.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3004',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '3165',
			'article_category_id' => '34',
			'title' => 'Adjusted price of Siddhartha Insurance',
			'sub_title' => '',
			'summary' => 'March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs. 813.',
			'content' => '<p>March 24: NEPSE has adjusted 25% bonus share of Siddhartha Insurance Limited on Thursday. Prior to adjustment, price for SIL will be Rs.1256 for first transaction. Average base price of SIL is Rs. 813.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3003',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '3164',
			'article_category_id' => '1',
			'title' => 'Prince Harry extends Nepal stay for 6 days',
			'sub_title' => '',
			'summary' => 'March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday. In his speech before wrapping up his official tour of Nepal, Prince Harry announced he'll be staying in the country for the next week to work on an earthquake relief project. ',
			'content' => '<p>March 24: British Prince Harry has decided to extend his stay in Nepal for six more days. He was scheduled to leave Nepal on Thursday.</p>

<p>In his speech before wrapping up his official tour of Nepal, Prince Harry announced he&#39;ll be staying in the country for the next week to work on an earthquake relief project.&nbsp;</p>

<p>Prince Harry will be spending the next 6 days with Team Rubicon UK working with the community to rebuild a school damaged by the earthquake. He will camp with a group of volunteers in a remote village in Central Nepal. Earlier this week, the British Royal had spent his time in Bardiya, Lamjung and Kaski districts of Nepal.</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3002',
			'image' => '20160324011503_Clipboard13.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '3163',
			'article_category_id' => '1',
			'title' => ' Implementation of house with solar light whither',
			'sub_title' => '',
			'summary' => 'Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City. ',
			'content' => '<p>Kathmandu, March 24: The task of installing solar light in new house has not taken any pace even though there is a government policy to encourage for the same. &nbsp;</p>

<p>The solar lamp installation has been affected with less number of applications for house design approval at the office of Kathmandu Metropolitan City. According to KMC&#39;s Urban Development Department Chief Engineer Ram Thapa, no application has been so far submitted seeking approval for the private house design with solar power.&nbsp;</p>

<p>Three months back, the government had come up with a new regulation making solar light mandatory in the to-be-constructed public houses. However, the new regulation is not obligatory in case of private house which might be the reason of zero-number applicants for solar installation, he adds. RSS</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3001',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '3162',
			'article_category_id' => '1',
			'title' => 'Prime Minister to address 'Boao Forum' today',
			'sub_title' => '',
			'summary' => 'March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the 'Boao Forum' for Asia Annual Conference-2016 on Thursday. ',
			'content' => '<p>March 24: Prime Minister KP Sharma Oli who is on an official visit to China is scheduled to address the &#39;Boao Forum&#39; for Asia Annual Conference-2016 on Thursday.&nbsp;</p>

<p>The Nepalese delegation with Prime Minister Oli arrived in China&#39;s south east city, Sanya, on Wednesday evening from capital Beijing to attend the conference.&nbsp;</p>

<p>The Prime Minister is set to address the event this morning.&nbsp;</p>

<p>Earlier, Prime Minister Oli had called on Chairperson of Chinese People&#39;s Political Consultative Conference, Yu Zhengsheng, at the &#39;Great Hall of the People&#39; on Wednesday.&nbsp;</p>

<p>On the occasion, the two discussed the matters on further consolidating the Nepal-China relations through the exchange of cooperation in different areas. RSS&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '3000',
			'image' => '20160324123741_Clipboard11.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '3161',
			'article_category_id' => '1',
			'title' => 'Nepal Bank to meet NRB criterion on paid up capital at the earliest',
			'sub_title' => '',
			'summary' => 'March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive. BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders.',
			'content' => '<p>March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive.</p>

<p>BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders. The proposal is subjected to approve from NRB and bank&rsquo;s forthcoming AGM. NRB has directed BFIs to increase its paid up capital to Rs. 8 billion. Thus, bank is issuing right shares in a bid to increase its paid up capital. &nbsp;&nbsp;</p>

<p>At present, bank has Rs. 6.456 billion 465 paid up capital which will cross the limit of Rs. 8 billion after issuance of right share. Along with this, bank will be the first bank to reach paid up capital limitation margined by NRB.&nbsp;</p>

<p>Meanwhile, transaction worth Rs. 73.8 million of NBL has carried out in NEPSE. Due to speculations of investors on company&rsquo;s return for next few years, share price has been declined. The last transacted market price of NBL is Rs. 396.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2999',
			'image' => null,
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '3160',
			'article_category_id' => '1',
			'title' => 'CF hands over transitional homes to Gorkha earthquake survivors',
			'sub_title' => '',
			'summary' => 'March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and 12.',
			'content' => '<p>March 24: Chaudhary Foundation (CF) has handed over 179 transitional homes (CG Shelters) to the survivors of the devastating earthquakes of last year in Gorkha district. The foundation has handed over the shelters to the quake survivors in Gorkha Municipality-1, 2 and 12.</p>

<p>Former chief secretary of Nepal government, Lilamani Paudyal, handed over the shelters to the quake survivors amidst a function held at Padelthor of Gorkha, on Monday.</p>

<p>&ldquo;The shelters have provided some relief to the quake survivors,&rdquo; said Paudyal. Stating that at a time when the government has not been able to rebuild or hand over a single shelter to the quake survivors, he praised the efforts of the foundation in providing more than 2000 CG homes to survivors of the natural disaster.</p>

<p>In a prompt response to the April 25 earthquake and subsequent aftershocks, CF had said it would build 10,000 transitional homes and 100 primary schools. The foundation has already handed over CG Shelters in Ramechhap, Sindhupalchowk, Kavre, Kathmandu, Bhaktapur, Lalitpur and Gorkha (Taklung), among other quake-affected areas.&nbsp;</p>
',
			'published' => true,
			'created' => '2016-03-24',
			'modified' => '2016-03-24',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2998',
			'image' => '20160324114721_Clipboard01.jpg',
			'article_date' => '2016-03-24 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	)
)
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117